GSM 441 Financial Capstone-Governance
The corporate scandals we've seen in recent years have had one thing in common: governance failure. The structures and processes intended to safeguard corporate assets did not withstand attempts to misappropriate (or otherwise misdirect) resources and/or to ensure a true accounting of business activity. What are we to learn from these and other less notorious challenges to corporate governance? How might they have been prevented? By what means can managers deter inappropriate, unethical, and even criminal behaviors within their organizations? What principles underlie managers' duties to stakeholders? How do leaders weigh their conflicting obligations?