Corporate Governance and Regulation Issues in a Casino Economy: Insights from Zimbabwe’s ReNaissance Merchant Bank (Working paper) ‘We should put out fire while it is yet small’‚ African proverb Mufaro Gunduza Abstract In the last ten years the Zimbabwean financial landscape has witnessed fundamental tectonic shifts (Gono‚ 2008). High inflation soared to hyper-inflation and further galloped into unbelievable supersonic inflation (Mnaba‚ 2012). The country degenerated into a classic ‘casino
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within the constraints of GAAP so as to achieve a desired level of reported earnings” (Koumanakos‚ 2005‚ p. 31). It is closely associated with three factors which are existence of motivation‚ availability of earning management tactics and weak corporate governance which encourages earning manipulation (Kassem‚ 2010). There are different ways for managers to engage earning management. For example‚ accounting judgment can be used by managers to make financial report more informative for users. They also
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National interest The Tata group is committed to benefit the economic development of the countries in which it operates. No Tata company shall undertake any project or activity to the detriment of the wider interests of the communities in which it operates. A Tata company’s management practices and business conduct shall benefit the country‚ localities and communities in which it operates‚ to the extent possible and affordable‚ and shall be in accordance with the laws of the land. A Tata company
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Assignment 1 The collapse of Harris Scarfe----Auditing failure Submitted by: Due date: 16/08/2007 Word count: 3020 Table of content Introduction 1 History of retailer Harris Scarfe 2 Audit committee of Harris Scarfe 3 Audit independence 5 Legal liability of auditors 6 Implications for the future of the Australian auditing profession 7 Conclusion 9 Reference 11 The collapse of Harris Scarfe----Auditing failure Introduction Recently‚ there are a number of corporations
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Question #1 By the beginning of 2001 it was evident the collapse of the NASDAQ was continuing from the previous year. Abuse of analyst coverage came under scrutiny and corporate governance and enforcement begins to take center stage. On September 11‚ 2001 tragedy strikes and the NYSE closes. But 6 days later‚ under the leadership of Grasso‚ the NYSE reopens to much fanfare. Opening the New York Stock Exchange just days after 9/11 was one of the first steps toward rebuilding the financial community
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Organizations are responsible for all the legal‚ ethical and social issues that affect each stakeholder within the company. These factors impact the planning process performed at each level of management. When an organization neglects to establish and monitor the plans set forward things can become disorganized and ultimately the organization can lose control of what was originally established. This paper will discuss examples of poor planning due to the disregard of legal‚ ethical and social issues
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KAPLAN PUBLISHING Contents Page Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13 Chapter 14 Chapter 15 Chapter 16 Chapter 17 Theory of governance Development of corporate governance The board of directors Directors’ remuneration Relations with
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73 - STRATEGIC MANAGEMENT CADBURY INDIA LIMITED INDEX SR NO PARTICULARS PAGE NO 1 INTRODUCTION CADBURY INDIA LIMITED COMPANY PROFILE 2 TYPES OF STRATEGIES 4 CORPORATE GOVERNANCE 5 CORPORATE SOCIAL RESPONSIBILITY 6 CONCLUSION 7 WEBLIOGRAPHY INTRODUCTION Strategic management is the comprehensive collection of ongoing activities and processes that organizations use to systematically coordinate and align resources and actions with mission‚ vision and strategy
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Audit & Assurance Corporate Governance Malik Kashif Awan 3 Audit & Assurance 5 THE REGULATORY ENVIRONMENT AND CORPORATE GOVERNANCE Overview of the concept The regulatory environment and corporate governance Corporate governance codes Auditors’ communication with those charged with governance Audit committees Internal control and risk management Malik Kashif Awan 4 Audit & Assurance 5.1 Corporate Governance Corporate governance is the system by which
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No. 2005–57 ROYAL AHOLD: A FAILURE OF CORPORATE GOVERNANCE AND AN ACCOUNTING SCANDAL By Abe de Jong‚ Douglas V. DeJong‚ Gerard Mertens‚ Peter Roosenboom March 2005 ISSN 0924-7815 Royal Ahold: A Failure of Corporate Governance and an Accounting Scandal Abe de Jong* Department of Financial Management Erasmus University Rotterdam a.jong@fbk.eur.nl Douglas V. DeJong Tippie College of Business University of Iowa douglas-dejong@uiowa.edu Gerard Mertens Department of Financial Management Erasmus
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