How going global compromised Parmalat
The Italian giant Parmalat imploded during a financial crisis, resulting in a police investigation, a suicide, a series of arrests and shockwaves throughout the international financial community. The role of corporate governance, auditors and the regulators all came under scrutiny. This is an excerpt from a full case study on the company available from the European Case Clearing House.
Content: Case Study | Author: Stewart Hamilton | Source: “European Business Forum (EBF)” | Subjects: Corporate Governance, Finance | Company: Parmalat
Enron unravelled
This is an edited version of a new case study written primarily for classroom discussion. In this shortened form, supplemented by a commentary on the corporate governance implications by Matthew Allen, it provides insights for EBF readers into – among other things – financial engineering as a means of supporting the share price, the reporting of financial exposure, and the need for independent audit oversight … [ Read more ]
Content: Case Study | Author: Stewart Hamilton | Sources: “European Business Forum (EBF)”, “IMD” | Subjects: Corporate Governance, Finance | Company: Enron