Governance

For this case study please do some secondary research to select a recent where the governance of a company failed in its mission to the stakeholders. It can be a case where either the Board of Directors, Executive Management, or both did not work within the bounds of good governance. Start by explaining who the parties are and answering some of the following questions regarding the reasons for the transaction.

What was the overarching issue? Was any fraud, misrepresentation or unethical behavior involved?

What governance devices or mechanics were involved? Were there specific controls on management behavior?

Did a government agency need to get involved or did the situation end up in the court system?

Many other countries are adopting western or US based governance approaches. Please name one or two of these countries and what they are doing when it comes to governance. Are they improving upon the westernUS methods?

For your specific example please name the members of the board of directors and where they work or their backgrounds. Are their businesses related industries?

Please research and describe the executive compensation package for the CEO of the company you have chosen.