Corporate Governance and Ethics for Poor Management- myassignmenthelp

Question: Discuss about theCorporate Governance and Ethics for Poor Management. Answer: Conclusion To conclude, as per my opinion the Hastie Group failed due to its poor management of the international operations. The directors have breached their duties as it was found that the companys risk committee and audit was inactive to a large extent. In addition to this, the board also did not have any inquiring mind. The corporate governance principles should have been applied in an effective manner in order to yield better outcomes. The acquisition strategy could have been implemented in a better manner. Moreover, the operational management processes could have been better and in an adequate manner, in order to gain competitive advantage. There were other issues like inappropriate management reporting systems, board reporting systems, financial reports and others. Bibliography Rose, P., Sharfman, B. S. (2014). Shareholder Activism as a Corrective Mechanism in Corporate Governance.BYU L. Rev., 1015.