Lewinsky scandal

1. There were several corporate governance issues in this case, including the lack of protection of investors, an ineffective, non-independent board of directors who lacked an inquisitive nature and the creation of CEO duality which enabled Eisner to accumulate unfettered powers. Under Eisner’s direction, revenues grew from $1.5 billion to over $30 billion and ‘share price rose from approximately $57.00 per share to $71.00 per share during Ovitz's tenure’ (Stephen and Haupert, 2011), however…

Toshiba’s Accounting Scandal Toshiba is a leading Japanese multinational conglomerate which provides diversified products and services such as electronics, home appliances, information & communications systems, medical equipment and power systems. The company was founded in 1875 to pioneer in high technology not only in Japan but also anywhere in the world (“About Toshiba”). Unfortunately, an independent investigation had revealed one of Japan’s biggest accounting scandals in 2015 just…

The Checkers speech was created by Richard Nixon during his run for vice president in response to allegations that he misused funds meant to reimburse his political expenses. The media accused Nixon of accepting bribes from supporters in exchange for favors should he become vice president. In this speech, Nixon defends himself and attacks his opponents through the use of rhetorical skills and devices. Throughout the speech, Nixon seeks to improve his own credibility to viewers, while…

HP splitting itself into two firms is a result of bad acquisitions over the years that ultimately led them into further debt and free fall stock prices. The acquisition of Compaq cost the company 25$ billion along with Autonomy for another 11$ billion. Prices paid were costly and ultimately that led to a share drop of fifty percent. While major competitors continue to exponentially grow such as Dell, IBM, Apple, and Cray all HP can fonder is the major debt pile built. The only resolve to…

Even though Some people believe he tried to rob his customers for his new technology being so overly expensive, Bill Gates should be remembered for making the huge technology advancements. because He is a Co-owner of the giant international company Microsoft. and He is very successful in life and has done everything right down the road in which got him to be so overly successful. Some people believe he tried to rob his customers for his new technology being so overly expensive. As with…

The fraud that Bernard Madoff committed was discovered in December 2009, which was based upon a Ponzi scheme. He did so by taking money from new investors to pay earnings to old customers. The higher the number of his clients who wanted to withdraw of retire their investment, the more revenue he would need. Ponzi scheme is named after Charles Ponzi whose crime was discovered in July of 1920 by the Boston Post. Madoff started in the investment business legally by buying and selling stocks that…

INTRODUCTION Bernard Madoff was a former chairman of NASDAQ stock exchange. He started his investment advisory firm on his own. He has be guilty for the defrauding of the investors of amount $50 billion which he was running the biggest Ponzi scheme for around two decades. In 2008 December when there were economic disturbances and meltdown in the United States Madoff couldn't carry his functions and satisfy his Investors requests of cash. He decided to come clean and accept the fraud he has…

Government scandals have plagued our nation for many years. The Reagan Administration lead the way of one of the major scandals in our history, and the impacts of this scandal were treacherous. The trust of the people of the United States of America were what was destroyed. Reagan was believed to have been the key figure in these exchanges with Nicaraguan Contra, but he claimed to have known nothing about it. In total, 11 people were found guilty on the White House staff for many different…

at the expense of the American consumer. Additionally, Enron used investing companies to hold onto huge amounts of debt and then buy them back at a later date, so as to make the Enron appear profitable. This was seen in the Nigerian Power Barges Scandal, in which Merrill Lynch bought three power barges from Enron only to have them buy them back in a few months, all to allow Enron to avoid reporting this debt. Activities such as these only emboldened the call for regulation and eventually for the…

On the schemes done by Walt Pavlo, many ethical problems were occurred and it will be figured out based on six hyper norms consisting of honesty, fairness, compassion, integrity, predictability, and responsibility and determinants of reputation which are credibility, reliability, trustworthiness, and responsibility. Because of the lapping, account receivable which involved the fraud did not show as old aging receivable. Generally, it can be easily done by a smaller business which has one…