Objective: The most recent financial sector crisis of Bangladesh is the “Hallmark-Sonali Bank Loan Scandal “. This crisis identified in the year 2012 and it has been took place from the year 2010 and finally disclosed in 2012. To learn lesson from this incident and prevent further recurrence, study in depth of this crisis is very important. Background: A central bank probe found that Sonali Bank high-ups, including a deputy managing director, a general manager and the branch manager, were directly
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British Journal of Arts and Social Sciences ISSN: 2046-9578, Vol.9 No.I (2012) ©BritishJournal Publishing, Inc. 2012 http://www.bjournal.co.uk/BJASS.aspx Corporate Governance and Performance of Saudi Arabia Listed Companies Yahya Ali Al-Matari Faculty of Accountancy, Universiti Utara Malaysia matariyahya@yahoo.com Dr. Abdullah Kaid Al-Swidi College of Arts & Sciences, Universiti Utara Malaysia swidi@uum.edu.my, and Assoc. Prof. Dr. Faudziah Hanim Bt Fadzil Faculty of Accountancy, Universiti
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supporting manner. 2 A CASE STUDY OF CORPORATE SOCIAL RESPONSIBILITY: A SUSTAINABLE TOOL OF COMPANIES’ DEVELOPMENT IN VIETNAM By HOANG THUY HANG October 2011 Supervisor: Dr. PHAM DUC HIEU ABSTRACT With the increasing effects of ASEAN over the world, Vietnam is an ideal market for corporations. Furthermore, becoming the member of WTO since 2007 is an opportunity as well as the threats for local companies. Following the globalization trend, corporate social responsibility (CSR) has been the
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INTRODUCTION AND HISTORY HealthSouth Corporation is the nation’s largest provider of inpatient rehabilitative healthcare services1; it was founded in 1984 by Richard M Scrushy along with four other people as Amcare, Inc., it opened its first facility in Little Rock Arkansas and another one a year later in Birmingham Alabama. In 1986 the company went public and was listed on the NASDAQ Stock Exchange under ticker symbol HSRC. Throughout the 1980’s and 1990’s the company expanded rapidly through
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167 170 Our Company Financial and Operating Highlights Message from the Chairman Message from the Chief Executive Officer Report of the Chief Operating Officer Corporate Governance Board of Directors Corporate Officers Subsidiaries Corporate Social Responsibility Management’s Discussion and Analysis Report of the Audit and Risk Management Committee to the Board of Directors Statement of Management’s Responsibility for Financial Statements Independent
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to the outside banks that backed Enron in their investments are all to blame in some part for the failures and detriment of so many workers throughout the world. Similar to Enron is an Italian based company, Parmalat that too, had leadership and ethics issues leading to its downfall. In both of these cases, inquisitive journalism was “the cat that undid the ball of yarn” unraveling the inner workings and failures of all involved. The Players Ken Lay was the “Captain of the ship” for Enron since
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Corporate Governance Blueprint 2011 Towards Excellence in Corporate Governance Suruhanjaya Sekuriti Malaysia 3 Persiaran Bukit Kiara Bukit Kiara 50490 Kuala Lumpur Malaysia Tel: 603-6204 8000 Fax: 603-6201 5078 www.sc.com.my Copyright © July 2011 Securities Commission Malaysia All rights reserved. No part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted in any form or by any means (graphical, electronic, mechanical, photocopying, recording
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stakes). Although being recorded as related third parties, these partnerships were never consolidated so that debt could be getting off its balance sheet and the company itself could boost and have not had to show the real numbers to stockholders. Andrew Fastow was using SPEs to conceal some $1 billion in Enron debt. Overall, according to Enron, Fastow made about $30 million from LJM by using these partnerships to get kickbacks which were disguised as gifts from family members who invested in them and
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Gulati 15P201 Rahul Kasera 15P221 Soumitra Joysula 15P231 Values & Ethics in Organizations Values & Ethics in Organizations Contents 1. Background 1 2. The Concept of Ethics and Values 1 2.1. Values 1 2.2. Ethics 1 2.3. Role of Leadership in Organizational Ethics and Values formation 1 2.3.1 Moral Spill-over Effect 1 2.4. Organisational Ethics 1 2.4.1 Basic Elements of Organizational Ethics 1 3 Motivation theories for building ethical organisations 1 3.1 Stakeholder
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Insider trading is the trading of a corporation's stock or other securities (e.g. bonds or stock options) by individuals with potential access to non-public information about the company. Such a trade is motivated by the possibility of generating extraordinary gain with the help of nonpublic information (information not yet made public). It gives the trader an unfair advantage over other traders in the same security. insiders are defined as a company's officers, directors and any beneficial owners
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