FIN307 WK5 Grantham University Fraud Cases that Involved Agency Conflicts

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yvivr34

Writing

FIN307

Grantham University

Description

Principles of Finance I

Research fraud cases that involved agency conflicts. Provide the following:

  • Overview of the organization
  • Who was involved?
  • How was the fraud committed?
  • What was the outcome?
  • What recommendations do you have to stop such a fraud relating to this conflict of interest?

Your research paper should be at least 3 pages long and contain a minimum of 4 scholarly sources.

Business School Assignment Instructions

The requirements below must be met for your paper to be accepted and graded:

Write between 750 – 1,250 words (approximately 3 – 5 pages) using Microsoft Word in APA style, see example below.

Use font size 12 and 1” margins.

Include cover page and reference page.

At least 80% of your paper must be original content/writing.

No more than 20% of your content/information may come from references.

Use at least three references from outside the course material; one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the three reference requirement.

Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the paper and list on a reference page in APA style.

References must come from sources such as scholarly journals found in EBSCOhost or on Google Scholar, government websites and publications, reputable news media (e.g. CNN , The Wall Street Journal, The New York Times) websites and publications, etc. Sources such as Wikis, Yahoo Answers, eHow, blogs, etc. are not acceptable for academic writing.

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Explanation & Answer

Attached.

Running head: FRAUD CASES

1

Fraud Cases
Name
Institution

FRAUD CASES

2

There are various instances where agency conflicts emerge. In such an instance, the
interests of different parties are at loggerheads and hence could have a negative impact on the
manner that an organization works. With that in mind, there many cases where fraud leads to a
form of agency conflicts. In this instance, the people who were involved in the fraud will want to
be credited for the things that they did not accomplish or did so in a manner that involved
deception. In many of the companies, the culprits will engage in a Ponzi scheme and affinity
fraud all which shall result in agency conflict in a company.
Overview of the organization
Founded in the year 1945 by a gentleman called Stanley Buckman, Buckman Inc. has
been one of the leading companies in the making of chemical which have various uses. For
example, the chemicals that exceptions in swimming pools, chemicals used in the treatment of
leather, and chemicals that are used in paint sugar. Over a long time that the company has been
operational, it has also extended its reach to the ownership of pulp and paper processing
industries. That means it is one of the major players as far as the making of chemical is
concerned. The company has also managed to be ISO certified meaning that they offer quality
products and services. Additionally, the company has expanded its reach beyond the US and
managed to open branches in more than 90 countries all over the world. Over its expansive
network o...


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