Corporate Governance and Ethics Issues: An Episodic Example
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Added on 2020-11-23
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There have been various cases in the recent past in which company has decided to liquidate themselves instead of running the business, because it Was no longer feasible to conduct business because profits cannot be achieved or the liabilities of the company is higher than its assets (Al Farooque and Ahulu, 2017). The current report will discuss the liquidation of three companies in Australia HIH Insurance, ABC Learning, and onetel Phone Company along with the role of corporate governance issues like fairness, transparency in management of these companies
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ACCOUNTINGFINANCIAL1
Executive SummaryThe role of corporate Governance and ethical Behaviour is quite huge in the developmentof business and management of the organisation in the longer run. Under the Report, A detaileddiscussion will take place on various cases that are an epic example of mismanagement ofbusiness and which led to liquidation of various companies due to mismanagement issues. Thecodes of ethics and corporate governance matters will be discussed to give a better view of theAustralian laws with regards to management of business in the longer run. The report will givean overview of various situations and the decisions taken in that situation was right or not.2
Table of ContentsContentsExecutive Summary.........................................................................................................................2INTRODUCTION...........................................................................................................................4MAIN BODY...................................................................................................................................45 code of Ethics and Corporate Governance..........................................................................4ABC Learning........................................................................................................................5HIH Insurance........................................................................................................................6One Tel. Company..................................................................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................73
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