This has been especially true in China and other Asian countries during the past several decades of economic expansion in that region of the world (Bai et al. 2008). Government stakeholders in many of these countries have benefited along with corporations in obscure and outright false financial statements and analyses as they have attracted money form foreign as well as domestic investors an enabled national growth for many Asian nations (Bai et al. 2008). These investors, on the other hand, as well as many private citizens in these countries, have suffered avoidable losses and unnecessary economic disruptions when the misleading reporting and analysis practices are brought to light and the truth is revealed (Bai et al. 2008). In the United States, the problem is possibly even more complex. More stringent government oversight supposedly limits issues of outright deception, but questionable and obfuscating techniques are still rampant in financial analysis in this country (Gauthier 2004). Many of the government regulatory offices and legislation also have very little real power in appropriating documentation of statements made on financial reports or supporting/outlining methods used by various firms and analysts in their analyses (Gauthier 2004). The recently released tape of Bernard Madoff's conversations regarding the SEC reflect this fact, and some government regulations might actually only complicate matters as various "suggestions on improved communications" and...
Smaller organizations ten to follow regulations more closely simply because there is les room to hide or "creatively shift" balances around, and analysts can therefore hold them to stricter standards and make competition more difficult.
Administrators, professors, and students all need the school to thrive and prosper, so that their reputations and the value of degrees do not suffer in the future, but all have divergent short-term interests and visions. Part 2 Please create a metaphor for some higher education organization situation. Share and explain the metaphor. One example of divergent interest can be seen in intercollegiate athletics. Administrators want teams that attract media attention and generate
Independent dealers must sign a contract that sets forth the manner in which they will operate their rental centers. Often a small business owner will supplement their income be adding U-Hauls to their market mix. Independent contractors earn a commission on their sales. Each division of AMERCO has it own president. All of them must report to a Board of Directors. The Chairman of the Board and overall President is
Because the home country is not required to reimburse foreign depositors for losses, there is no corresponding financial penalty for lax supervision; there is, though, a benefit to the country with lenient regulatory policies because of increased revenues generated and the employment opportunities these services provide (Edwards 1999). Furthermore, banks seeking to conduct multinational business are attracted to countries where incorporation laws and the regulatory framework offer less regulatory oversight
1. What happened to the two company’s stock price in 2004? Why did it rise? Did one company outpace another and if so why do you think that happened? How should we interpret any increases? Mid-year 2004, China and the United States attained a revolutionary air-transportation covenant that increased the number of commercial cargo trips between the two nations four-fold. In addition, the agreement encompassed the permission for air-cargo hubs to
CanGo Case Analysis Six Key Issues Facing CanGo Effective organizational management requires going beyond managing the daily business operations. Organizational management requires paying attention to the financial and strategic side of the organization. However, strategy does not end with the mechanics of operating the business. Managers must attend to the "people" side of the organization as well. This firm has been hired as a business consultant to the CanGo company to explore
External Environment Analysis: Kraft Foods Group Kraft Foods, Inc., by means of its branches, creates and markets foodstuff that is packaged and drinks all over places such as the Middle East, Africa, Europe, and Asia. The corporation is able to supply its products to, supermarket chains, club stores, wholesalers, mass merchandisers, convenience stores, value stores, drug stores, distributors, and other retail outlets. In addition, they provide desserts, ready-to-eat cereals, garnishes and
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