CSP HOLDING BHD 9426-T MINUTES OF BOARD OF DIRECTORS’ MEETING Minutes of the CSP Holding Bhd meeting held at Bilik Seminar Bunga Raya, Level 10, Office Tower, No.3,Jalan Nagasari (Off Jalan Raja Chulan), 50200 Kuala Lumpur on Monday, 5th May 2014 at 9.00 a.m. Present : Y. Bhg. Tan Sri Wahid Jalil (Chairman) Y. Bhg. Dato’ Zahir Ahmad (Managing Director) Mr. Yeoh Wai Siaw (Non-independent Executive Director) Y. Bhg. Tan Sri Dato’ William Lim (Independent Non-Executive
Words: 426 - Pages: 2
Go for Governance Amy Ashley April 10, 2014 Ashley Cobb, Instructor Rasmussen College Author Note This paper is being submitted on April 18, 2014 for Ashley Cobb’s B293/MAN2062 Section 02 Business Ethics course. Memorandum To: Board of Directors of XYZ Corporation From: Amy Ashley, ABC Consulting Firm Date: 4/17/2014 ------------------------------------------------- Re: Go for Governance Confidential Now that we are moving forward without the former CEO it is important to establish
Words: 437 - Pages: 2
1. Introduction WorldCom, the telecommunications giant, once was the largest telecommunications company in the world, with more than $30 billion annual revenue, $104 billion in assets and more than 20 million customers. John Sidgmore (2002), Ebbers’ successor after the scandal, said “WorldCom is a key component of our nation’s economy and communications infrastructure.” However, the giant collapsed in 2002. 2. The Main Issue: Earnings Management 3.1 Definition of Earnings Management
Words: 2231 - Pages: 9
Company Name: MW Petroleum Amoco Corporation was the fifth largest oil company in United States with 28 billion in operating revenues and 1.9 billion in net income. The low oil prices in the 1980s depressed the profitability of many oil companies and most of which responded with downsizing and other cost cutting measures aimed at overhead expenses. Amoco had already sold more than 750 million worth of small properties, which it felt could be more economically operated by companies with low overhead
Words: 1196 - Pages: 5
Over time, many unethical accounting scandals existed. The WorldCom scandal is one of the most known unethical scandals. WorldCom submitted the largest bankruptcy filing in United States’ history after admitting improperly accounting for more than $3.8 billion dollars in expenses (Moberg, 2012). The company used acquisitions to spurt large growth. Two of WorldCom’s acquisitions included MCI Communications and MFS Communications (UUNet). This caused WorldCom to appear more favorable on Wall Street
Words: 757 - Pages: 4
The Board of Directors: Tower Simulation Sophia Zhidro, Troy Alexander, Jessica Zawada, Yunjie Yang, and Beihao Xu Worcester Polytechnic Institute Abstract As the board of directors, once we received our assigned roles for the simulation we knew that our role would be critical for the assignment. With little instructions from the instructor we delved into our tasks and began meeting on a regular basis to become a unified team. Through the textbook materials and media exposure, it is evident
Words: 1503 - Pages: 7
consideration of risks and return * Financial management function- managing firms interna; cash flows and its capital structure to minimize the financing costs and ensure that the firm can pay its obligations when due * Corporate goverance function- developing an ownership and corporate governance system for the firm that will ensure that managers act ethically and in the best interest of stakeholdes * Risk management function- managing the firms exposure to all types of risk Working capital management
Words: 7302 - Pages: 30
Transformation at Harley – Davidson Four wheels move the body, two wheels move the soul – Harley Davidson. During Teerlink's tenure as Harley's Chief Financial Officer, was the organization structure flat or tall? Centralized or decentralized? It is important for us to get an understanding of this two critical terms, Flat organizational structure – organization has few levels as possible. Managers
Words: 704 - Pages: 3
Task 1 Part A SUBDOMAIN 310.1.2-6 In today’s world, it is imperative that entrepreneurs are well versed in business forms. Choosing the wrong form can prove to be disastrous. Below is a list of business forms that are in use today. Sole Proprietorship: Liability – A sole proprietor has unlimited liability. If insurance or business assets are not enough to cover company debts, the owner’s personal assets are accessible. Income Taxes – Legally, the sole proprietor and business and are
Words: 1223 - Pages: 5
CalTax.org, “California is the third worst state business tax climate in the nation!” Broken down California has the highest sales tax, gasoline tax, and personal income tax in the nation; as well as the 15th highest property tax and the highest corporate income tax in the West! Along with the high taxes on businesses as a hole, the Business owner’s income is suffering tremendously because of the passage of prop 30! This unfair proposition delegates that for people making 250,000 plus a year must
Words: 1170 - Pages: 5
