Corporate crime

Bill and Marge Barrel were very young when they met and began dating. They were 20, and 17 respectively. After only six months of dating they knew that it was true love and decided to get married. Once married, they settled down in Bardstown, Kentucky and opened a bourbon distillery. The company was named Barrel Bourbon. In 1957, Marge discovered that she was pregnant with their first child Jim, who is now the General Manager of Production. Two years later in 1959, Woodford Barrel was born and…

with Hong Kong GEM Corporate Governance codes, the impact of ownership structure on company’s performance and the effectiveness of communication with shareholders. BACKGROUND INFORMATION China Primary Energy Holding Limited (China Primary) is an investment holding company, engaging in the manufacture and sale of polyethylene (PE) pipes as well as trading of composite materials. It is listed on Growth Enterprise Market of the…

percent. In fact, the corporate income tax in U.S. is approximately 40 percent, which includes 35 percent of federal corporate income tax rate and about 5 percent of state and local income tax rate, which depends on which state the corporation conducts business. According to Tax Foundation, the top three countries where has the highest marginal corporate tax rate among 173 countries are the United Arab Emirates, Chad and United States. And U.S also has the highest corporate tax rate in OECD. The…

tied to performance, the average executive pay keep going up with no penalize from the board. “In the United States, the pay of CEOs at publicly traded companies went down in real terms by 46% between 2000 and 2011, although it bounced back—as did corporate profits—in 2012, while still remaining well below the 2000 level.” (Vanessa Sumo and Hal Weitzman, 2013). CEO dishonesty behavior widespread and developed, “Consider the option backdating scandal in unites state in 2005 and 2006. The…

“Think strategically about your future working life”. That is Behren’s and Rosen summation of a few highly respected economist and analyst advise about the offshoring and globalization of the American jobs that has decimated the middle working class of this country. Well and good and worth considering if one is in high school or about to decide what major to embark on. However, for those who have already lost their jobs, homes and families due to offshoring or about to lose their job, wait a…

Corporate governance varies from management in that governance is primarily about protecting an organisation, whereas management is more about growing it (Ashe-Edmunds, 2016). The ERHA has a number of governing policies that specifically directs how board members can act. For example, no personal liability shall attach to a member of a board for anything done, permitted to be done or omitted to be done in good faith in the course of the operation of the relevant authority (Ministry of Legal…

Recommendation Based on the SWOT Analysis of CHHB, we found that there are areas that need to be improved by the company in order to improve their company overall performance. First and foremost, CHHB is one of the most outstanding companies in property industry and other industries as well. The company has involved and more experiences in property industry for more than 30 years. They are one of the nation’s pioneering property developers that deliver unique, innovative and quality products.…

2.1.3 Shareholder protection Shareholder protection is top on the list of corporate governance. However, emphasis placed on protecting shareholders may led to unethical practices if this is a difficult thing to accomplish. Thus, it causes a problem for effective corporate governance in future. This is because protecting shareholders goes in line with making high profits. Therefore, if the company is making losses, it may misrepresent financial figures in order to deceive shareholders that the…

The definition of corporate governance most widely used is "the system by which companies are directed and controlled" (Cadbury Committee, 1992). Specifically it is the framework by which the various stakeholder interests are balanced. The stakeholders are the owners, majority shareholders, management, employees, customers, external auditors and other interested parties. Corporate governance separates ownership and control. The separation of ownership and control creates a need for…

Corporate finance researchers suggest three theoretical models that can help identify which firm characteristics determine corporate cash holdings decisions. Thus, the corporate cash holding determinants have since been a subject of explanation in the framework of: the trade-off theory, financial hierarchy theory and free cash flow theory. 2.1.1 Trade-Off Theory The literature on trade-off model about cash explicitly applied to companies is usually traced back to Tobin (1956), and Miller and…