| Description |
1 online resource |
| Contents |
Intro -- Preface -- Acknowledgments -- Contents -- Abbreviations -- List of Figures -- List of Tables -- 1 Introduction -- References -- 2 Carillion PLC -- John McDonough -- Carillion's Initial Problems -- Acquisition and Debt -- Excessive Outsourcing -- Carillion's Corporate Governance Issues -- Executive Remuneration -- Nonexecutive Directors (NEDs) -- Carillion's Auditors -- External Auditor -- Internal Auditor -- The Cost of Carillion's Collapse -- Lessons Learnt from Carillion -- Discussion Questions -- References -- 3 Tesco Plc -- A Brief History of Tesco -- Retailer Competition |
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Tesco's Corporate Governance Problems -- Overstated Profits-The Whistle-blower -- External Auditor -- Tesco's Audit Committee -- Tesco's Board of Directors -- Lessons Learnt from Tesco -- Discussion Questions -- References -- 4 Volkswagen -- Background -- Winterkorn and Volkswagen's 'Strategy 2018' -- Emission Testing -- 'Green Clean Diesel' Engine -- The Explosion of Volkswagen's Emission Scandal -- Volkswagen's Initial Response -- Early Warnings -- The Impact on Volkswagen Emission Scandal -- Volkswagen's Corporate Government Issues -- Nonfeasance of the Management Board |
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Failure of the Supervisory Board in Its Oversight Role -- Whistle-Blower System -- Regulators -- Lessons Learnt from Volkswagen's Scandal -- Discussion Questions -- References -- 5 Wirecard -- Wirecard's Rise and Fall -- Wirecard's Corporate Governance Failure -- Financial Fraud -- Internal Controls -- External Auditors -- Negligence of Financial Regulators -- Lessons Learnt from Wirecard's Corporate Governance Failure -- Discussion Questions -- References -- 6 Stora Enso -- Stora Enso's History and Early CSR Practices -- Mistreatment of Local Landowners in China |
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Child Labour in Joint Venture in Pakistan -- Improvement of CSR Practices After the Ethical Crisis -- Lessons Learnt from Stora Enso's Corporate Governance Issues -- Discussion Questions -- References -- 7 Wells Fargo -- The Scandal -- Carrie Tolstedt and Community Bank -- Customer Complaints -- OCC Investigation -- Initial Response of Wells Fargo -- The Damage of the Scandal -- Wells Fargo's Corporate Governance Failure -- Board of Directors and Its Role Monitoring Operations -- The Decentralised Structure of Risk Control -- Internal Whistleblowing System -- The External Auditor -- Regulators |
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Lessons Learnt from Wells Fargo's Corporate Governance Failure -- Discussion Questions -- References -- 8 CommInsure -- The Scandal -- CommInsure's Corporate Governance Issue -- Lack of Oversight of Claims Assessors -- Ineffective Whistle-blower Protection -- Director Remuneration Linked to Profits -- Auditor Failure -- Regulatory Negligence in the Insurance Industry in Australia -- Lessons Learnt from CommInsure -- Discussion Questions -- References -- 9 Toshiba (Japan) -- The Scandal -- Toshiba's Corporate Governance Issues -- Inappropriate Accounting Practices |
| Summary |
This book provides insights into current issues in corporate governance by examining twelve cases from the 2010s and 2020s where corporate governance was seen to be an issue. The cases are designed to introduce the reader to real life episodes with corporate governance implications, shedding light on why corporate scandals continue to occuer, to what extent these are a corporate governance failure, and in which ways corporate governance and the behaviour of those involved in ensuring good governance and an ethical culture in their business - may be improved in the future. This book will be of interest to businesspeople, students of business, and lawyers and motivate discussion on the reasons why corporate governance failed, or was seen to be inadequate. Professor Jean Jinghan Chen joined the University of Macau in 2018 as a Chair Professor in Accounting and Finance and the Dean of Faculty of Business Administration. Prior to joining the University of Macau, Professor Jean Chen worked in the UK Higher Education Sector for almost 30 years. She was a Chair Professor of Accounting and Finance in the University of Southampton, at the University of Surrey and at Xian Jiaotong-Liverpool University |
| Bibliography |
Incldues bibliographical references and index |
| Notes |
Print version record |
| Subject |
Corporate governance -- Case studies
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International business enterprises -- Management -- Case studies
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Corporate governance
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International business enterprises -- Management
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| Genre/Form |
Case studies
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Case studies.
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Études de cas.
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| Form |
Electronic book
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| ISBN |
9789811932380 |
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9811932387 |
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