Financial Management & Risk
The Impossibility of Auditor Independence
Audit failures rarely result from the deliberate collusion. Instead, auditors may find it psychologically impossible to remain impartial and objective.
SUMMER 1997 VOL. 38 · NO. 4 Unexpected Connections: Considering Employees’ Personal Lives Can Revitalize Your Business At a corporate retreat on organizational learning, the vice president of finance for a major manufacturer leads a discussion to raise the “real” issues that inhibit learning and growth. He promises to listen and asks his people to […]
Audit failures rarely result from the deliberate collusion. Instead, auditors may find it psychologically impossible to remain impartial and objective.
Electric utility companies will have to reinvent themselves to change from vertical to “virtual” integration based on value networks segmented into six areas: generation, transmission, distribution, energy services, power markets, and IT products and services.
Are strategic takeovers more profitable than financial deals, which are usually hostile transactions?
To retain loyal managers, companies must nurture an apolitical culture that places high priority on meeting career needs.
Successful IT specialists work on trustworthiness and good client relationships at the same time.
Making an explicit link between people’s personal needs and business goals can benefit both the company and its employees.
Loyalty programs must enhance the overall value of the product or service and motivate buyers to make their next purchase.