Thursday, May 9, 2019

Ethics and governance Case Study Example | Topics and Well Written Essays - 250 words

Ethics and governance - Case Study fount1. The appointments of Kong as president of board, and Watson as vice president of the board after the company went public could take aim a negative impact upon the operations of the organisation. These two individuals had been the CEO and deputy CEO for the company, respectively, when the company was undergoing pecuniary constraints. Maintaining these individuals within the board brings a negative impression to the organisation as they played significant type in the collapse of the organisation. 2. The board should have sought the accurate financial reports and not have relied on the decisions being made by Kong and Watson. The board should also have been provided with the market information of the telephone networks vault of heaven to make an educated judgment regarding venturing into the business. 3. In the collapse of the corporate, executive members were involved in making unseasonable decisions, through their desires to keep the fac tual financial position of the company hidden from the general public. The non-executive members failed on their touch off to monitor the financial performance and relied on information provided by Watson members, which was mostly untrue. 4. Within the corporation legion(predicate) ethical issues surrounding the conduct of Joe Kong and Jeff Watson, the CEO and Deputy CEO respectively. These breaches could have been avoided through initiating control measures and monitor the decisions that these executives made for the organisation.

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