Corporate scandals also have meaningful negative effects on stock prices and bond ratings. Similar to capital structure, we document contagion at the industry level with peers' share prices yielding negative returns as well.doi:10.1007/s10551-011-0856-3Stefano Bonini...
Such a circumstance is reminiscent of previous high-profile collapse scandals, including Enron and WorldCom, which slammed CG and sought comprehensive legislative reform [2]. CG provides a firm with control tools and mechanisms to help create a system of profit sharing, achieving efficiencies for ...
A museum closure has shone a light on the vast collections acquired during the bubble years — and warned companies that change is coming On Wall StreetPatrick Temple-West Ballot box power is devolving to retail investors Proxy agencies and asset managers will still face scrutiny over their polici...
25). That otherwise ‘respectable’ organisations and corporations are regularly implicated in criminal behaviours is not new; major scandals, such as the LIBOR rigging involving financial institutions including Barclays and UBS, or accounting frauds as with Tesco Plc, or the facilitation of money ...
Empirical evidence obtained in this regard can provide feedback on implementing corporate governance legislation for the Tehran Stock Exchange and investors in this market. 2. Literature Review With the recent financial scandals around the world, many researchers have paid more attention to studying the...
Misleading both customers and investors, to the point of fatal outcomes and federal involvement, can create scandals like the one that overtook Tesla in 2024. The scandal led to a sharp drop in both share price and investor confidence, as well as damaging public opinion about Tesla, its board...
(Smith 2008), nomination, risk and remuneration committees. Indeed many corporate scandals (pre-Enron) tended to revolve around inappropriate or unjustified pay increases or bonuses for executives, seemingly regardless of performance, leading to so...
The fact that aftershocks of the corporate scandals in America reverberated around the world is not surprising, given the importance of the U.S. market. But the panic reaction in many countries showed just how interdependent are the world's capital markets; yet the world lacks any mutually ...
Ownership and governance of Portuguese credit co-operatives: the legal framework Today, financial system enterprises operate in an environment full of global opportunities and threats; and in the sequence of corporate scandals and world financial crisis, the banking activity is constrained by ethical sel...
2.Trytomakesmartfinancingdecisions(capitalstructure/financingdecision): Sellbondsandstocksandotherfinancialinstrumentsthatraisemorecashthantheycost. IntroductiontoCorporateFinance TheCorporateFirm Thecorporateformofbusinessisthestandardmethodforsolvingtheproblemsencounteredinraisinglargeamountsofcash. ...