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What aspects of the system of internal control

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Reference no: EM132698055

Nissan Chairman Carlos Ghosn has been ousted for financial misconduct
in 2018. This was shocking news for the man credited with turning the company around. The details of the investigation at the time of the arrest was not been made public, but one aspect seems to be a under reporting of Ghosn's compensation. Ghosn was arrested along with a Nissan director Greg Kelly.

Discussion Questions:

Question 1) Why do you think company officials with so much to lose would risk partaking in this behaviour?

Question 2) In chapter seven we read about internal control. What aspects of the system of internal control do you think may have failed Nissan in this embarrassing episode?

Question 3) Discuss with respect to ethics- is it okay for a CEO to cheat to get a bonus/ raise/ keep their job? Is it okay for a student to cheat? Are the two things the same or different?

Reference no: EM132698055

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