Kenneth Waltz

Throughout my accounting studies so far, whistleblowers have been praised for their heroic actions that lead to the collapse of a giant corporation. However, the heroic actions and collapse are the seldom times that whistleblower protection laws work. In C. Fred Alford’s book: Whistleblowers: Broken Lives and Organizational Power, Mr. Alford explores the corporation and systems irrational behavior that makes whistleblowers lose faith in humanity and the justice system. Throughout the book, Mr.…

Hizmete Özel / Confidential Hizmete Özel / Confidential MGMT 512: Corporate Governance Sultan Orman: 0055134 Corporate Failure: Toshiba Accounting Scandal (2015) Summary of the Case: Everything began with the results of an independent report created by a committee of people consisting of independent accountants and lawyers in July 2015. The CEO of one of the leading companies in electronics and technology sector, Toshiba from Japan, announced that he is resigning of his…

Prudential The time when the protagonist Arthur Ryan was brought in as CEO, Prudential was charged with the largest investor fraud in US history. Prudential had defrauded investors of close to $8 billion and eventually had to shell out $371 million as settlements and fines. The most common solution to overcome the economic condition is layoffs. The critical time in highly competitive market leads Arthur Ryan to downsizing environment (p.1). Management decision in downsizing creates gap between…

127). Meanwhile, filmmakers under the scrutiny from Motion Picture Production Code were made to abide by the rules of “don’ts and be carefuls”, unable to employ passionate, sexual, and “pervasive” scenes in the plot (Mondello). During this time, Kenneth Anger made Fireworks (1947). An unapologetic portrayal of a young man’s homoerotic dreams and desires clashing with social repression of the time. With his transgressive films exploring gay identities and subcultures of fetish and sadomasochism,…

“And the research awards go to … Bennington Junior High School, Bryan Middle School, Marrs Magnet Center… ” As they list the schools, our eyes search the screen eagerly for “Westside,” until we grasp we have not won. We bow our heads in dismay, but, internally, we bubble with anticipation and hope of winning the Post President’s Award. Once all of the categorical awards conclude, the announcer continues on to the four awards for distinction and the Post President’s Award, in other terms, the…

Joint Venture: Sony Ericsson By: Upasana Banerjee On October 1st 2001, Sony, a Japanese electronics company, founded in 1946, joined Swedish-born Ericsson, 70 years its senior, in holy matrimony. Ericsson used to get chips from Philips, but in March, 2000, a fire destroyed the production facility of Philips. Facing an acute shortage of chips, Ericsson was prompted to form a joint venture with Sony. Since joining forces, both companies have stopped producing their own mobile phones. Originally,…

Sir Isaac Newton, the famous English physicist and mathematician, was undoubtedly one of the smartest people in the history. Back in the spring of 1720, Sir Newton owned shares of the South Sea Company, the hottest stock in England at that time. At first, he sensed the market was going rogue, and as O’Farrell recorded in his book in 2007, he described himself as a man who “could calculate the motions of the heavenly bodies, but not the madness of the people.” He sold his South Sea shares,…

Phaneesh Murthy-An Introduction A business magnate, Mr. Murthy served as the Director of Infosys Ltd. In 2000 where he was fired from the company 2 years later. In 2003, Mr. Murthy became the Chief Executive Officer of iGate Corporation where he became the President in 2006 & later got re-elected in 2010. The board of iGate removed Mr. Murthy as President in May 2013 in view of an ongoing investigation against Phaneesh. An alum of prestigious institution such as the Indian Institute of…

The CEO of Enron, Kenneth Lay helped weave the web of lies that Enron’s fake revenue was actually real. Chief Executive, Jeffrey K. Skilling, also partook in this scheme. Lay and Skilling were confronted by over a dozen counts of fraud and conspiracy through the trail of the…

In the case scenario, Mr. Wu is a 55 years old accountant. He had sudden onset of left sided weakness and drooling. So he was admitted to the Accident & Emergency Department. After CT brain scan, Mr. Wu was found suffering from right middle cerebral artery ischaemic infarct. He was then transferred to the stroke unit for further management. Several health needs are identified after conducting health assessment to Mr. Wu. Left-side weakness and urinary incontinence are selected for…