BANKING ACADEMY‚ HANOI BTEC HND IN BUSINESS (Accounting) ASSIGNMENT COVER SHEET NAME OF STUDENT VN: EN: REGISTRATION NO. UNIT TITLE Unit 45: Business Ethics ASSIGNMENT TITLE Costs and Benefits of Ethics ASSIGNMENT NO 1 of 2 (individual presentation) NAME OF ASSESSOR Mr. John Andre SUBMISSION DEADLINE To be announced I‚ __________________________ hereby confirm that this assignment is my own work and not copied or plagiarized from any source. I have referenced the
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company’s bankruptcy‚ different cause could be accounting principle the company used; the business failure to the risky expansion strategy the company adopted‚ Company’s management should take the lion’s share of blame‚ however‚ the board of directors and shareholders should take the other shares. That is‚ the company’s bad corporate governance made Loewen out of the business. In Corporate governance is the system by which corporations are directed and controlled. Three participants involve in this
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According to board structure‚ the difference of corporate governance among different countries is may be unitary or dual board on the country. In the UK and the USA‚ a unitary board of directors in the form of board structure‚ characterized by one single board comprising executive and non-executive directors. (Aguilera‚ 2003) It is responsible for all aspects of the activities of the corporation. A dual board of directors is including a supervisory board and executive board of management. Nevertheless
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2.1 Background on Reinsurance and Relevant GAAP Rules 6 2.2 Manipulation Technique 1 7 2.3 Manipulation Technique 2 7 2.4 Retrospections 8 Part 3: Auditing Issues 9 3.1 Reasons for Auditing Failure 9 3.2 Retrospections 11 Part 4: Corporate Governance 12 4.1 Tone at the Top 12 4.2 Dysfunction of the Board 14 4.3 Low Engagement of Shareholders 15 4.4 Reactions and Its Effectiveness? 15 4.5 Possible Therapy 16 Part 5: Recommendations to
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SOUND FINANCIAL REPORTING IS A GOOD THING FOR BRINGING CONFIDENCE BACK TO THE CORPORATE WORLD Submitted By: Ahmed Shafiul Huq 801414063 Principle of Accounting (EIB505) Section: B Executive Master of Business Administration Submitted To: Mr. Mohammad Rakib Uddin Bhuiyan Assistant Professor Department of
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theories and concepts of organization theory. And the writer put them in sequent with each argument discussed for the purpose of easy-reading. The collapse of One.Tel was due to many problems covering its organization structure and culture‚ corporate governance‚ weak control of the board directors‚ poor strategic management‚ and IT system. From One.Tel first establishment‚ it has been too greedy to formulate good strategies that fitted well for its early days. It was just focusing on acquiring customers
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is supported by the organization and has the proper assistance to complete the tasks. The training plan for Enron begins with support from the organization. The team is supported by the executive leadership throughout the corporation. The failure of Enron resulted from the lack of executive leadership to support the ethical business practices within the organization. Therefore‚ an effective training plan with the support of the executive leadership is the key to success of ethical business
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explores corporate governance for a publicly listed major television cable company in the United States of America called Cablevision System Corporation. Attempts are made to assess the effectiveness of the corporate board by comparing their performance with the fundamental functional requirements of corporate board members in accordance to corporate governance professor Bob Tricker. The company’s conformance and performance are reviewed since both falls under the responsibility of the corporate board
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billion in debt‚ which made it the biggest corporate failure in Europe history. This case provides us a good opportunity to investigate corporate governance issue in Continental Europe. In this paper will be initiated with introduction of Parmalat’s history and events review on its bankruptcy‚ followed by analyzing the shortcomings of its corporate governance in both internal and external aspects and finally the conclusions about why the corporate governance of Parmalat failed to prevent the scandal
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Institutional Investors and Corporate Governance Corporate Governance at Burberry Group Submitted to Dr. KAROL KLIMCZAK Date: 18.11.2013 Academic Year 2013/2014 © Kozminski University 2013 TABLE OF CONTENT 1.Introduction 3 2.Burberry Group Overview 3 3.Corporate Governance at Burberry 3 4.Risk Management 6 5.Problems and Recommendations 7 6.Conclusion 8 7.References 9 1. Introduction The company chosen for this assignment is Burberry that has a reasonable
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