Corporate crime

1. The importance of financial management. Finance is the essential and regarded as the life-blood requirement of every organization (public or private, profit oriented or even non-profitable organization). The efficient management is closely linked with the efficient management of its finances. Resources are always limited, particularly in developing countries, compared to its demands or needs. So, the focus, is concerned with optimum utilization of resources, to take maximum benefit, in the…

The organizational structure within the company should depend on a variety of factors including the type of the organization itself, it’s size and what it is aimed at. However, the poorly organized structure can possibly damage or even make the whole organization fall apart (www.businessdictionary.com). Out of all existing organizational structures, Twelve at Hengshan, a Luxury Collection hotel, Shanghai is following the hierarchy structure. These type of organizations are based on the chain…

There are three main committees in Computacenter board group, Audit Committee, Nomination Committee and Remuneration Committee. Leader group in the company consist of 9 main people. Greg Lock, the person response as non-executive chairman and the chairman of the nomination committee; Mike Norris, the chief executive officer of the company; Tony Conophy, the group finance director; Peter Ogden, the non-executive director; Philip Hulme, the non-executive director; Regine Stachelhaus, the…

Sole Proprietorship A sole proprietor is a business owned by a person. This person will file his or her business taxes using Schedule C while filing form 1040. For a charitable contribution, it will not be filed on the person’s Schedule C it will be taken as a deduction on his or her personal taxes. The taxpayer would file a Schedule A. However, the caveat for this would be if the individual does not have enough deductions to itemize and must take the standard deduction. Then the person…

Bernie Madoff was a master at impression management or social engineering. According to psychiatrists impression management has three goals. Ingratiation, this means to convey displaying certain positive emotions such as happiness to mimic good will. Intimidation to strike fear into the hearts of the people you want to fool, and supplication to get others to be helpful. These 3 qualities describe Bernie Madoff to a tea. All these characteristics work together to fool your victim into perceiving…

weaknesses in the governance of corporate structure and boost the public confidence. These were seen as the most important goals that the Act had to achieve. The following were some of the important objectives of Sarbanes-Oxley: • Improving the accounting oversight • Strengthening the auditor independence • Demanding increased transparency in financial matters of the company • eradicating analysts’ conflicts of interests, and • Demanding more accountability from corporate official 3.3…

An evaluation of pan European pricing strategy For Royal Talens By Sougata Bose 2015 MBA Management Project Report Management Project submitted in accordance with rules of TIAS School for Business & Society In partial fulfillment of the requirements for the degree of Master in Business Administration awarded by TIAS School for Business & Society STATEMENT OF AUTHENTICITY I have read the University Regulations relating to…

1. What is the maximum amount of new loans that this bank can make? The bank is only required to keep 10% of the demand deposits as reserves. 10% of $99000 is $9900. The bank can therefore make loans up to $99,000 - 9900 = $89,100. It has actually made loans worth $66,000. So even with no change in the required reserve ratios the bank can still make additional loans worth $23,100. 2. Assume that the bank makes these loans. What will the new balance sheet look like? If the Fed reduces…

This is also a quite reliable source. Tim Worstall essentially intends to express that Apple isn’t going to transfer back their manufacturing jobs because of the high corporate tax in the US and the high costs of labor. Tim Worstall is a British-born writer who writes on environmentalism and economics, specifically the corporate tax, his contributions have appeared in a lot of important publications. The article was published on September 25th, 2013, which is relatively recent, so we could…

Debt? Or success? Most Americans aren’t fluent in the in the language of money. While more states are beginning to require some sort of personal finance instruction, there aren’t enough that do so. Just 13 states require students to take a personal finance course or include, the subject in an economics course before they graduate from high school. Meanwhile, 34 states (including those 13) have personal finance within their curriculum guidelines. Others believe that students should not be…