Shareholder

earnings raising ethical concerns. Omitting inventory write-downs could also raise other financial and ethical issues like excessive compensation of corporate managers, concealment of fraud penalties and loss of confidence in the management by the shareholders. Financial statement fraud leads to a decrease in the market value of company stock of up to a thousand times the amount of the fraud (Jack, Levin, Craig, & Primis, 2002). The IRS upon discovering the concealment of the transaction has…

individual employee, defined contribution pensions are better for a nation because what an individual puts into their plan, is what he or she gets upon retirement. Therefore, defined contribution pensions reduce costs to employers, taxpayers, and shareholders. Many Americans save too little, but one can break away from the statistics to build a financially secure retirement plan by in the beginning of their careers by using a 401(k) or an IRA. It is better to look forward to retirement with a…

today’s world most organisations have to compete in a complex and turbulent environment, therefore, an accurate understanding of their goals and the methods for attaining those goals and for that matter how these organisation create value for their shareholders cannot be overemphasized. The balance score card provides business managers with the instruments they need to navigate to future competitive success (Kaplan & Norton, 1996). The score card provides a system for measuring and managing all…

Dowd & Dowd, Ltd., 736 F. 2d 1177, 1178 (1984) and came to the conclusion that the four doctors were more similar to partners in a partnership than to shareholders in a corporation, and thus were not employees (Crispin, 2003, p. 3). The Ninth Circuit Court of Appeals disagreed with the District Court, however, seeing “no reason to permit a professional corporation to secure the ‘best of both possible worlds’…

dividends for his or her own use and enjoyment and assumes the risk and control of the dividend received”, thus reasoned that PHBV had complete control over the dividends. The court was convinced that prior to distribution of the dividends to the shareholders, PHBV held the monies represented…

to have their addiction fix. However, the negative aspects of the game would have been devastating to the company. In the United States, using nudity on social media was unacceptable behavior. Primary stakeholders such as customer, employees and shareholders could have benefitted from the game. While other primary stakeholders such as community and government regulatory authorities would have seen this game in a negative way due to the gambling, violence and sex. References Andreassen, C. S.,…

designed to provide reasonable assurance regarding the achievement of objectives relating to operations, reporting and compliance (COSO 2013). Corporate Governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. It also provides structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined (O’Shea 2005). Corporate governance and internal…

The balanced score card was developed by Dr. Robert Kaplan and David Norton. It is stated that the balanced scorecard is a strategic planning and management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization. Below is a chart that tells you what it should look like. When examining Wells…

Gap 3: Corporate Governance and Culture. Within VW it is not clear who approved the fitting of the “defeat device” software and had awareness of its usage at this stage. It has been insinuated that the illicit software could have been connected since 2008, just before VW presented its new creation of “clean diesel” cars to the US market. A number of executives, managers and engineers have been provisionally suspended by VW as part of its own internal examination, involving some board-level…

business admit to unlawful conduct, so if breached the prosecutor is guaranteed a conviction (Office of The State Attorney, n.d.). From a company’s perspective there are several cons for a DPA such as the criminal information is filed publicly. Shareholders may spinoff lawsuits based on stipulated details of the DPA. Unregulated…