Scandals: Martha Stewart and the ImClone Insider Trading Deal A very famous scandal that has embedded ourselves in our history is the Martha Stewart scandal of 2003. Martha Stewart is a true success story of the American dream in effect. Starting as a housewife‚ Martha created her career by turning her previous business experience and career into a household name and an enterprise. Having established Martha Stewart Living Omnimedia‚ Inc. (MSO)‚ which handled everything from print to television
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MINICASE a. Effects of expansion on sales & net income are: * The Sales increased more than $ 2 Million * Cost also increased as the sales increase * Incurred net loss (negative net income) * Caused a negative tax expense (tax refund) since it paid taxes of more than $63‚424 for the past 2 years Effects of expansion on Asset side of the balance sheet: * The total asset approximately doubled from the previous year because the net asset soared and the account receivables
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of the top executive including Scott Sullivan‚ the Chief Financial Officer and David Myers‚ the Senior Vice President and Controller. Myers knew that the accounting entries were made without supporting documentation‚ were not in conformity with GAAP‚ were not disclosed to the investing public‚ and were designed to allow WorldCom to appear to meet Wall Street analysts ’ quarterly earnings estimates. In addition‚ during the same period Myers and
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Stewart Lake State Park Business Plan (Sample) Stewart Lake State Park Business Plan (Sample) Submitted to: Department of Natural Resources Division of Parks and Recreation Office of the Director Prepared for the Director by: Stewart Lake State Park Superintendent and Division of Parks and Recreation Budget Officer Division of State Parks and Recreation Acronyms and Abbreviations CY
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COHR 2104: Motivation Theory and Strategy Topic 1 Introduction The quest for improving performance at work is one of the essences of management. Clearly there are many factors involved in this- having the right equipment‚ people with the right knowledge‚ skills and abilities‚ and the right kind of organizational framework. But even with all these in place‚ something else is needed: the people must be willing to work. They have to be motivated in some way to undertake the tasks which will contribute
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implication 5. Proposals to management 6. Strategy Map and Balanced Score Card 7. Conclusion Reference Appendix A External Analysis Appendix B Internal Analysis Executive Summary Myer‚ the largest department store retailer in Australia‚ re-listed on the Australian Stock in November 2009. Howard McDonald (Chairman of Myer) declared an Offer to the investors in order to achieve Listing on ASX and provide Myer with additional financial flexibility to pursue growth opportunities‚ Since
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overview Myer is an iconic Australia department store brand for over 100 years. It has grown through a combination of organic growth and acquisitions. Myer currently operate 65 department stores in all major shopping centres across Australia. It targets a broad range of Australian population‚ offering more than 600‚000 product lines from over 800 suppliers internationally. The group employs 14‚000 people and majority of these employees will be on the floor. As a leader in this industry‚ Myer generates
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Running head: TEST REVIEW AND CRITIQUE The Myers-Briggs Type Indicator (MBTI) Abstract The Myers-Briggs Type Indicator (MBTI) is used extensively by educators‚ counselors‚ and other professionals. Based on Jung’s theory of psychological types‚ the psychodynamic model of the MBTI is useful for self-understanding and life-long development. MBTI type descriptions characterize 16 types at their best; provide positive‚ self-affirming goals; and note blind spots and problems to avoid. The MBTI problem-solving
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EM6602 Accounting for Decision-Making and Control Microsoft’s Financial Reporting Strategy (HBR 9-100-027) Team Members Toh Wei Hong‚ Prashant Trivedi‚ Preethy Varadarajan Question 1 The difference between Microsoft’s market value and book value is primarily due to unrecorded intangible assets such as brand value‚ customer loyalty‚ human capital‚ and commercial advantages such as long-term contracts and market dominance. These intangible assets confer Microsoft a tremendous edge over its
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Sukuk : Islamic Finance As A Form of Financial Intermediation and Financial Stability in Malaysia 1.0 INTRODUCTION Beginning in late 2006‚ the collapse of U.S sub prime mortgage market and the reversal of the housing boom have had a ripple effect around the world. The experience of Mexico around the Tequila crisis and Thailand around the Asian crisis are prototypical examples of the boom-bust cycle (Aaron Turnell and Frank Westermann‚ 2006‚ P.48). In fact‚ more than half of the major world
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