a) Critically discuss the corporate scandal and analyse what lead to it and how it became
known.
b) Critically evaluate the consequences to the firm (how did the market react e.g. news,
criticism, what happened to the firms’ reputation)
c) Critically discuss how the corporate governance of the firm could have prevented this
situation and what changes should the board of directors implement in order to avoid
similar situations in the future.
d) Critically discuss and evaluate the impact of corporate governance scandals on firms’
performance e.g. on market performance.
Sample Solution