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What the Law Allows

Author: Gentile, Mary C.
Product Type: Teaching Modules
Source: The Aspen Institute Center for Business Education's Corporate Governance and Accountability Project
Publication Year: 2005

[This document has not yet been rated] 7665 views

This module – What the Law Allows – was created because some faculty mentioned how it is often assumed that managers and directors are required to take actions that serve shareholders by maximizing short term share price. They wanted to examine those areas where the law allows managers and directors to consider other stakeholders and the firms' longer term well-being. Accordingly, this module focuses on the following question...

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Rethinking the MBA Curriculum in the Finance Discipline

Problems in Financial Management

Author: Becker-Blease, John
Product Type: Syllabi; Teaching Modules
Source: Washington State University, Vancouver
Publication Year: 2008

Faculty Rating: 5 stars5 stars5 stars5 stars5 stars [2 Faculty Ratings] 7615 views

The purpose of this course is to provide students with a heightened appreciation of the role of a financial manager within a firm and to understand the tools and the nature of the decisions that financial managers must make...

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Innovation Corrupted: The Rise and Fall of Enron (A, B)

Author: Salter, Malcolm S.
Product Type: Cases
Source: Harvard Business School
Publication Year: 2005

[This document has not yet been rated] 7529 views

Presents a brief historical overview of Enron's rise, its strategic successes and failures...

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Amway in China (A, B)

A New Business Model; Adapting to a Changing Environment

Authors: Tan, David; Tan, Justin
Product Type: Cases
Source: Richard Ivey School of Business
Publication Year: 2009

Faculty Rating: 1 stars1 stars1 stars1 stars1 stars [1 Faculty Rating] 7033 views

Amway is a large manufacturer of household products that uses the direct selling approach. It has expanded into different markets over the years, most recently the Chinese market. However, the company must look at its strategy after the Chinese government implements regulations on the direct marketing business model...

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Arthur Andersen LLP

Authors: Hawkins, David F.; Cohen, Jacob
Product Type: Cases
Source: Harvard Business School
Publication Year: 2006

[This document has not yet been rated] 6134 views

This case highlights the history of Arthur Andersen and the collapse of the firm following the Enron Corp. audit and the Department of Justice obstruction of justice conviction. To encourage the discussion of the role of audit firms, the accounting industry, and internal controls.

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Board Representation: Multiple Interests and Corporate Governance

Authors: Scully, Maureen; Johnson, Jennifer
Product Type: Teaching Modules
Source: The Aspen Institute Center for Business Education's Corporate Governance and Accountability Project
Publication Year: 2006

[This document has not yet been rated] 5978 views

What issues are involved in representing multiple interests on boards? Several perspectives on corporate governance allow that shareholders and other stakeholders be taken into account in decisions about corporate strategy and resource allocation. The process of integrating minority concerns into corporate boards is often fraught with challenges...

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Hewlett-Packard-Compaq: The Merger Decision

Authors: Palepu, Krishna G.; Barnett, Jonathan
Product Type: Cases
Source: Harvard Business School Publishing
Publication Year: 2004

[This document has not yet been rated] 5806 views

Hewlett-Packard's proposed $24 billion acquisition of rival Compaq marked the largest merger in the history of the computer industry. The merger was Hewlett-Packard's response to sweeping changes impacting the technology industry....

 

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Investments and Returns: Who Has Legitimate Claim on the Returns of the Firm?

Authors: Scully, Maureen; Gentile, Mary C.
Product Type: Teaching Modules
Source: The Aspen Institute Center for Business Education's Corporate Governance and Accountability Project
Publication Year: 2004

[This document has not yet been rated] 5712 views

Corporate governance and accountability are examined through case studies, background conceptual pieces, and articles from the business and popular press. The background readings are by Professor Margaret Blair and colleagues, whose work challenges conventional assumptions about the primacy of shareholders among corporate stakeholders, based on legal precedent and best practices for long-term firm viability.

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PowerPoint: The WorldCom Fraud

Author: American Institute of Certified Public Accountants
Product Type: Multimedia
Source: American Institute of Certified Public Accountants
Publication Year: 2005

[This document has not yet been rated] 5518 views

This PowerPoint presentation focuses on the WorldCom accounting fraud uncovered in 2002. It reviews WorldCom's rise to industry leadership, expansion, and eventual fall in the wake of one of the largest accounting scandals in history.

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MBA Curriculum Reform in the Accounting Discipline

Accounting Measurement for Leaders

Author: Cote, Jane
Product Type: Syllabi; Teaching Modules
Source: The Aspen Institute Center for Business Education's Corporate Governance and Accountability Project
Publication Year: 2008

Faculty Rating: 4.4 stars4.4 stars4.4 stars4.4 stars4.4 stars [5 Faculty Ratings] 4567 views

Accounting with its arcane language and rules is a subject often feared and reviled by MBA students. While the process of producing accounting information might indeed contribute to this reputation, framed differently, MBA students easily see the role accounting plays in achieving strategic goals and managing stakeholder tensions. MBA students are expected to be future business leaders, not accountants. Using this assumption to design the course results in less emphasis on computation and more emphasis on the consequences that choices made in the process of accounting measurement have on strategic direction, stakeholder commitments and performance expectations. Students then understand that accounting is a measurement system that lays the foundation for enlightened decision making.

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