mardi 13 mars 2012

Comporate Transparency Issues (Season 3)

As a followup to the previous post, why would a fully compliant company, strictly implementing business rules according to the Oracle Ethics & Business Conduct code would need subsidiaries in the Cayman Islands ?
Why do we still maintain some black holes within a company, except for hiding things ?
After so many failures from the Audit companies (Olympus scandal, Wikipedia links, big four flaws), how can we truly be confident that massive financial manipulations are a thing of the past.

Can a shareholder assess the effectiveness of the internal whisleblowing processes ?
Can the world governments be so blind about the big corporations good reporting faith ?


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