Bakka Bee, a Canadian construction firm, of which 30% of the shares are listed at the Toronto Stock Exchange and 70%, is held by the board of management. They are a firm with 200 employees in five countries. One of their divisions – in Peru, has encountered difficulties linked to the statutory accounts and might be involved in violating human rights. Because of recent discussions about the company in national parliament, may have to be liquidated.

Required:

Discuss Bakka Bee in terms of the four causes of the current corporate governance discussion: (1) Bankruptcies, fraud and mismanagement (2) The influence of public, customers and media (3) Globalisation of capital markets.