Enron, WorldCom, HIH, Qantas NZ, etc-Corporate governance failure!

Date Submitted: 09/09/2006 23:06:31
Category: / Business & Economy / Management
Length: 11 pages (3139 words)
Introduction One of the very first concerns of the recent international publicity has been stressed in the context of corporate governance failure since collapses and scandals occurred at some famed multinational firms like Enron, WorldCom, HiH, Tyco, Adelphia etc. over the past 2 years. These corporate events that took place in the range of worldwide has made globe stock markets suffered and seriously impacted the world's financial foundations and investors' confidence. To seek solutions of the …
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
…good and bad. Namely, on the one hand, corporate governance failure has become a global eddy -and New Zealand is no exception. On the other hand, so far there is no apparent evidence reflects that poor corporate governance is widespread in New Zealand. In order to keep or improve this status quo, it is significant for authorities and board of directors to reach cohesion between compliance with the governance code and construction of board itself.
Need a custom written paper? Let our professional writers save your time.