Rise and Fall of the Maya: Research Paper The Maya were a native Mesoamerican group of people who erected one of the most sophisticated cultures in the Western Hemisphere. They inhabited areas in southern Mexico‚ and also surrounding Locations included Guatemala‚ Belize‚ El Salvador and parts of Honduras. The Maya religion civilization came into prominence in 250 A.D.‚ administering a polytheistic approach to worship which included human blood sacrifices to honor their gods or to culminate the crowning
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Introduction The rise and fall of Parmalat was an important event as it highlighted the corporate governance issues in the corporate world of Italy. Parmalat was found by Calisto Tanzi‚ CEO and Chairman‚ in 1961 with a pasteurisation plant in Italy. The company was headquartered in Italy and had grown to be a multinational company into all sorts of milk products‚ beverages and bakery goods. Three decades later‚ in 1990‚ it became a publicly traded entity and was listed on the Milan stock exchange
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1. IBM as a product centric organization before its near failure was a bloated organization with 400 000 employees heavily invested in low margin‚ transactional‚ commodity-based businesses. As technology progressed‚ the demand for IBM’s inventions began to diminish. The entire organizational structure was also growing redundant‚ making it more challenging to face off competition from smaller and less diversified competitors. As Louis Gerstner‚ Jr embarked on turning the entire company around‚ there
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distribution to your colleagues‚ clients or customers here or use the "Reprints" tool that appears next to any article. Visit www.nytreprints.com for samples and additional information. Order a reprint of this article now. May 13‚ 2010 The Rise and Fall of the G.D.P. By JON GERTNER Whatever you may think progress looks like — a rebounding stock market‚ a new house‚ a good raise — the governments of the world have long held the view that only one statistic‚ the measure of gross domestic product
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that a complex web of partnerships was designed to hide Enron’s debt. By late November‚ the company’s stock was down to less than $1 US. Investors had lost billions of dollars. On Dec. 2‚ 2001‚ Enron filed for bankruptcy protection in the biggest case of bankruptcy in the United States up to that point. (WorldCom’s collapse would later stealthat dubious honour.) Roughly 5‚600 Enron employees subsequently lost their jobs. The next month‚ the U.S. Justice Department opened its investigation of
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Introduction WorldCom‚ the telecommunications giant‚ once was the largest telecommunications company in the world‚ with more than $30 billion annual revenue‚ $104 billion in assets and more than 20 million customers. John Sidgmore (2002)‚ Ebbers’ successor after the scandal‚ said “WorldCom is a key component of our nation’s economy and communications infrastructure.” However‚ the giant collapsed in 2002. 1. The Main Issue: Earnings Management 1.1 Definition of Earnings Management A commonly acknowledged
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affected by anyone‚ even though making false accounting entries was Mr. Sullivan’s behest. Despite other factors‚ as a financial controller‚ integrity should plays as one of the most vital roles under any circumstance when making decisions. In this case‚ I think the real motivation that Myers agreed to improperly reclassify some huge expenses was that he believed the company’s problem would be straightened out eventually. Thus‚ he thought their manipulation on company’s income statement could help
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- Hitler was fully responsible for the order for the mass executions in Poland in 1939 and 1940. He was also actively engaged in setting up plans for a Jewish reservation in Poland and he backed the Madagascar plan. He was continually preoccupied with further deportations and deportation plans. - In 1941 Hitler ordered the extermination of every potential enemy in the occupied Eastern territories. He was fully aware of mass executions of Jewish civilians in the occupied Eastern territories.
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The Rise and Fall of Salomon Brothers Treasury Bond Scandal- 1991 Executive Summary Salomon Brothers was at one time‚ the largest bulge bracket firm on Wall Street. Although it offered a number of financial services‚ it had established its name through the legacy of bond trading. Its bond trading department boasted of iconic traders of 1980’s era- John Meriwether and Myron Sholes. Salomon Brothers can be considered as the founder father of mortgaged back securities trading on the Wall Street
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Enron and WorldCom FIN/486 December 22‚ 2014 Enron and WorldCom In 1998‚ Waste Management executives acknowledged earnings misstatements of approximately $1.7 billion. With the help of the Arthur Anderson accounting firm‚ Waste Management shareholders lost more than $6 billion dollars (CNN‚ 2001). The Waste Management corruption ushered in a series of corporate scandals into the new millennium. Enron and WorldCom were only two of many ethical and accounting violations that prompted new legislation
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