Q: The events recorded in this chapter have given rise to legislative reforms
The events recorded in this chapter have given rise to legislative reforms concerning how business executives, directors, and accountants are to behave. There is a recurring pattern of questionable ac...
See AnswerQ: Is there anything else that can be done to curtail this sort
Is there anything else that can be done to curtail this sort of egregious business behavior other than legislation?
See AnswerQ: Many cases of financial malfeasance involve misrepresentation to mislead boards of directors
Many cases of financial malfeasance involve misrepresentation to mislead boards of directors and/or investors. Identify the instances of misrepresentation in the Enron, Arthur Andersen, and WorldCom c...
See AnswerQ: Use the Jennings “Seven Signs” framework to analyze the Enron
Use the Jennings “Seven Signs” framework to analyze the Enron and WorldCom cases in this chapter.
See AnswerQ: Rank the three worst villains in the film Wall Street: Money
Rank the three worst villains in the film Wall Street: Money Never Sleeps (2010). Explain your ranking.
See AnswerQ: In each case discussed at some length in this chapter – Enron
In each case discussed at some length in this chapter – Enron, Arthur Andersen, WorldCom, and Bernie Madoff – the problems were known to whistleblowers. Should those whistleblowers each have made more...
See AnswerQ: The lack of corporate accountability, and an increased awareness of inequities
The lack of corporate accountability, and an increased awareness of inequities and other questionable practices by corporations, led to the Occupy Movement. Identify and comment upon additional recen...
See AnswerQ: It seems likely that the top executives of the major banks involved
It seems likely that the top executives of the major banks involved in the manipulation of the LIBOR rate were aware of the manipulations, and of the massive profits and losses caused by those manipul...
See AnswerQ: It was a battle of titans. Warren Buffet, long considered
It was a battle of titans. Warren Buffet, long considered the world’s most successful value investor through his Berkshire Hathaway Inc. and a major shareholder in Coca Cola Co., claimed that Valeant...
See AnswerQ: How would you respond when someone makes a decision that adversely affects
How would you respond when someone makes a decision that adversely affects you while saying, “it’s nothing personal, it’s just business”? Is business impersonal?
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