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aleksandr82 [10.1K]
3 years ago
11

(a) Based on the information provided, describe the ways in which Volkswagen did not fulfill the requirements of effective corpo

rate governance.
(b) In what ways did the Board of Directors sidestep its obligations to protect shareholder interests?


(c) How could Volkswagen better select its Board of Directors to avoid mistakes such as the emissions
scandal in 2015?
Business
1 answer:
Lelu [443]3 years ago
3 0

Answer:

I believe Volkswagen did not fulfill the requirements of effective corporate governance mainly because the board didn’t have enough independent directors present.

The essential driver is the nonappearance of a solid gathering of independent directors. In view of German Corporate law, administration is given by a Management Board and a Supervisory Board, with representatives making up half of the Supervisory Board. This ought to have took into consideration in any event half of the Supervisory Board to be completely independent. While remaining inside the 'letter of the law,' they evaded the 'spirit of the law' by cycling recent former senior executives through the Supervisory Board Chairmanship position and other board positions. This had the impact of expelling genuinely independent oversight.

To select the next board members and avoid any future issues Volkswagen can keep in mind the following things about the board that it is :

Is well informed about the company’s performance.

Guides and judges the CEO and other top executives.

Has the courage to curb management actions the board believes are inappropriate or unduly risky.

Certifies to shareholders that the CEO is doing what the board expects.

Provides insight and advice to management.

Is intensely involved in debating the pros and cons of key decisions and actions

Explanation:

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A newspaper reports that the average price of new homes in a certain city had decreased, and the number of new homes sold had al
Zielflug [23.3K]

Answer: Decreasing the incomes of people in the city

Explanation:

 According to the given situation, the newspaper reporting about the average price range of the new homes are decreased in the city and also the new homes selling average are also decreases.

It is basically caused by the average income level of that specific city are get decease.

When the income of the people are decreases then it cause less spending on the things and the budget are get highly effected so that is why they are unable to buy any kind of property.  

 Therefore, Decreasing the incomes of people in the city is the correct answer.

3 0
3 years ago
Jubilee, Inc., owns 30 percent of JPW Company and applies the equity method. During the current year, Jubilee buys inventory cos
kumpel [21]

Answer:

the gross profit reported is $1,518

Explanation:

The computation of the amount of gross profit that reported is shown below:

But before that the gross profit percentage is

= (Sales - cost of goods sold) ÷ (sales)

= ($138,000 - $110,400) ÷ ($138,000)

= 20%

Now the gross profit is

= $25,300 × 20% × 30%

= $1,518

Hence, the gross profit reported is $1,518

8 0
3 years ago
A buyer contracts to purchase a property from a seller for $212,000. Two weeks before closing, a buyer's agent for another compa
ehidna [41]

The listing associate should present the offer to the seller as a potential backup offer for further negotiation.

<h3>Who is a seller?</h3>
  • A seller is any person or company who sells a product, service, or financial asset.
  • Short selling is the practice of borrowing securities that are not held in order to sell them and then repurchase them at a reduced price.
  • A "writer" is a seller of options who collects the premium from the buyer.
<h3>What is an offer?</h3>
  • In exchange for something else, a commitment to do or refrain from doing something.
  • An offer must be worded and delivered in such a way that a reasonable person would expect its acceptance to result in a binding contract.

Therefore, the listing associate should present the offer to the seller as a potential backup offer for further negotiation.

Know more about a seller here:

brainly.com/question/906651

#SPJ4

7 0
2 years ago
Researchers have raised questions absout poll results concerning support for penalty, the death such support is not absolute but
vovikov84 [41]

Answer:

a. the alternative punishments that are available  

Explanation:

Alternative punishments generally tend to change the support patterns with more softline polling members opting for alternative punishments rather than death penalty.

8 0
3 years ago
What is the amount of tax paid for the year
slamgirl [31]

Answer:

3428.57142857

Explanation:

4 0
3 years ago
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