Corporate Fraud: Case Studies in Detection and Prevention Fraudulent financial reporting‚ corruption‚ and misappropriation are often investigated by the internal audit department. Because these types of crimes can be the source of large losses‚ security professionals would do well to familiarize themselves with how they are carried out and how they can be detected. Corporate Fraud provides a clear window into that world. Author John D. O’Gara was the director of internal audit at a Fortune 500
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Corporate restructuring : Corporate restructuring refers to the changes in ownership‚ business mix‚ assets mix and alliances with a view to enhance the shareholder value. Purpose of Corporate restructuring : 1. To enhance the shareholder value 2. To utilize the assets properly 3. To get profitable investment opportunities 4. To diverse the business 5. To reduce cost of capital by designing innovative securities through corporate restructuring Types of Corporate restructuring :
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average did it take Bayside to sell its inventory? A. 126.1 days B. 127.9 days C. 153.8 days D. 176.5 days E. 178.9 days Inventory turnover for 2008 = $4‚060 $1‚990 = 2.04; Days’ sales in inventory = 365 2.04 = 178.9 days TEST MODEL : CHAPTER 3 CORPORATE FINANCE Page 1 2. What is the debt-equity ratio for 2008? A. 22.5% B. 26.2% C. 35.5% D. 45.1% E. 47.7% Debt-equity ratio for 2008 = ($1‚170 + $500) ($3‚500 + $1‚200) = .355 = 35.5% 3. What is the times interest earned ratio for 2008? A. 30 B
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family-controlled boards‚ corporate governance is of very high importance as the independent non-executive directors can exert less influence over the board‚ compared to non-family-controlled boards (“dispersed boards”). Keywords: Board composition‚ Remuneration‚ Corporate Governance. 1. INTRODUCTION The economic turmoil in Asia in 1997 has led to a wider recognition of the importance of corporate governance. In line with global trends towards higher standards of corporate governance‚ the duties
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amounts of data online has increased the risk of data leakage and theft. The crime of corporate espionage is a serious threat which has increased along with the integration of technology into business processes. This paper has been written with the objective of providing insight into the crime of corporate espionage including discussion of the problem‚ offenders and motive‚ and basic protection measures. Corporate Espionage As global economies have gained influence “society has evolved from an
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job candidates. Third‚ Rawls’ principles are applicable principles because it does not reject western society’s modern economic system. Fourth‚ it encourages businesses to help improve the lives of the least fortunate members of society. Under the Veil of Ignorance‚ Rawls asks us to imagine what rules we would want to exist in the world‚ assuming that we do not know what kind of life we would have in the world. For example‚ it assumes that we do not know how we will look like‚ how much money will
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paid to non-corporate depositors. However‚ this tax exemption was removed in July 1994. Building societies tend to focus more on longer term lending – although the difference between the two groups in lending maturity is now far more blurred than when they were originally
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Part I – Perfect capital markets‚ capital structure and cost of capital (15 points) GP Corp. has common stock with a market value of $200 million and riskless debt with a value of $100 million. Investors expect a 15% return on the stock and a 6% return on the debt. Assume perfect capital markets without any taxes. a) Suppose GP issues $100 million of new stock to buy back the debt. What is the expected return of the stock after this transaction? (4 points) b) Suppose instead GP issues $50 million
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1) The corporate philosophy: The corporate overall at Bosch is advanced. They are advance in developing the process of training which leads to place the expatriate to two years of training at least. Advancing Kazakhstan’s nationals should be a first priority for the development center because it plays a major role. The preparation the discussion on admission to manager development plan and for employees to next stage of level in management for employees is such a great process of bringing the
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The Corporate Culture Robert Alford Grantham University BA560 Business Ethics Dr. Janice Spangenburg March 19‚ 2013 The Corporate CultureLegal Case: Adelphia Case: Feds drop fraud case against Adelphia founder‚ son A six-year legal battle involving the jailed father-son duo who headed now-defunct Adelphia Communications has ended after prosecutors withdrew tax fraud charges related to their earlier conviction in a $1.9 billion fraud case. Prosecutors said they withdrew the tax-related
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