Contents
- Introduction to the company
- Events leading to Corporate Governance Failures at NAB
- Breach in Foreign Currency Trade
- Causes of fiasco
- How the failure could have been avoided
- Lessons from NAB fiasco
- References
Description
This assignment is based on the following assignment description –
Students are presented with an opportunity to undertake an empirical study of the relationship between corporate governance and corporate performance. A critical analysis of a recent Australian corporate collapse is undertaken to identify how the principles of corporate governance failed. The relationship of the board to other corporate stakeholders concluding with a coherent assessment of how the collapse could have been averted is considered. The company chosen is National Australian Bank (NAB)