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A Team Production Theory of Corporate Law

Authors: Blair, Margaret; Stout, Lynn A.
Product Type: Essays and Concept Papers; Journal Articles
Source: Virginia Law Review, Vol. 85, No. 2, pp. 248-328.
Publication Year: 1999

[This document has not yet been rated] 3056 views

Contemporary corporate scholarship generally assumes that the central economic problem addressed by corporation law is getting managers and directors to act as loyal agents for shareholders. We take issue with this approach and argue that the unique legal rules governing publicly-held corporations are instead designed primarily to address a different problem - the "team production" problem - that arises when a number of individuals must invest firm-specific resources to produce a nonseparable output...

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The Path to Corporate Responsibility

Author: Zadek, Simon
Product Type: Journal Articles
Source: Harvard Business Review
Publication Year: 2004

[This document has not yet been rated] 3044 views

Nike's tagline, "Just do it," is an inspirational call to action for the millions who wear the company's athletic gear. But in terms of corporate responsibility, Nike didn't always follow its own advice...

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Attention Shoppers: Executive Compensation at Kroger, Safeway, Costco, and Whole Foods

Authors: Larcker, David F.; Tayan, Brian
Product Type: Cases
Source: Stanford University
Publication Year: 2008

[This document has not yet been rated] 3015 views

This case helps students to understand in detail the components of executive compensation programs and to learn to evaluate which policies, structures and pay levels are appropriate, given company performance.

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Investment Banking at Thomas Weisel Partners

Author: Baker, Malcolm P.
Product Type: Cases
Source: Harvard Business School
Publication Year: 2006

[This document has not yet been rated] 2955 views

Thomas Weisel Partners (TWP), a San Francisco-based bank focusing on emerging growth companies, is considering its strategy in the context of regulatory, competitive, and legal changes...

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Google, Inc.

Authors: Eisenmann, Thomas R.; Herman, Kerry
Product Type: Cases
Source: Harvard Business School
Publication Year: 2006

[This document has not yet been rated] 2942 views

Describes Google's history, business model, governance structure, corporate culture, and processes for managing innovation. Reviews Google's recent strategic initiatives and the threats they pose to Yahoo, Microsoft, and eBay. Asks what Google should do next...

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Financial Reporting Problems at Molex, Inc. (A, B, C)

Author: Healy, Paul M.
Product Type: Cases
Source: Harvard Business School
Publication Year: 2006

[This document has not yet been rated] 2933 views

Following an accounting problem at Molex, the firm's auditors request changes in management.

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When Earnings Management Becomes Cooking the Books

Author: Millstein, Ira
Product Type: Essays and Concept Papers
Source: The Financial Times
Publication Year: 2005

[This document has not yet been rated] 2925 views

"Earnings management" includes both legitimate and less than legitimate efforts to smooth earnings over accounting periods or to achieve a forecasted result. The line between appropriate earnings management techniques and "cooking the books" can be a blurry one...

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Internal Control over Financial Reporting – Guidance for Small Companies, Volume I Executive Summary

Author: Committee of Sponsoring Organizations of the Treadway Commission (COSO)
Product Type: Policy and Issue Reports
Source: American Institute of Certified Public Accountants
Publication Year: 2006

[This document has not yet been rated] 2898 views

Committee of Sponsoring Organizations of the Treadway Commission (COSO) in 1992 issued Internal Control- Integrated Framework to help businesses and other entities assess and enhance their internal control systems...

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Royal Ahold NV

The US Foodservice Accounting Fraud

Authors: Gupta, V.; Indu, P.
Product Type: Cases
Source: ICMR Center for Management Research
Publication Year: 2007

[This document has not yet been rated] 2862 views

The case highlights the role of USF's management in the accounting fraud who intentionally booked higher promotional allowances to show higher income in order to get extra bonuses. It also examines the reasons that led to accounting frauds such as poor financial and accounting controls, weak internal control system of the parent company over its subsidiaries, lack of transparency in accounting procedures and linking of management's compensation with the achievement of revenue targets.

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Restoring Trust at WorldCom

Authors: Lorsch, Jay W.; Robertson, Ashley C.
Product Type: Cases
Source: Harvard Business School
Publication Year: 2004

[This document has not yet been rated] 2861 views

Examines the changes in corporate governance at WorldCom/MCI as proposed by the company's court-appointed corporate monitor, Richard Breeden...

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