Do you believe the main cause of a company's failure is due to its risk assessment and risk appetite practices it does the general economy play a more important factor? Please support your answers with your reasoning
recent financial crisis. 1. Do you believe the main cause of a company's failure is due to its "risk assessment" and "risk appetite" practices, or does the general economy play a more important factor? Please support your answers with your reasoning. " 2. Discuss the state of governance at these company((es). Please include your thoughts on the objectivity and/or independence of the various members of the Board of Directors.Let's discuss some of the concepts from the textbook as it applies to the slew of bankrupt and failed companies during this recent financial crisis. 1. Do you believe the main cause of a company's failure is due to its "risk assessment" and "risk appetite" practices, or does the general economy play a more important factor? Please support your answers with your reasoning. 2. Discuss the state of governance at these company((es). Please include your thoughts on the objectivity and/or independence of the various members of the Board of Directors. 3. Discuss whether you think companies could have effective internal controls over financial reporting (i.e. SOX 404 compliance), yet still have major weaknesses in its overall system of internal controls. Make sure to critique at least one other student's posting in addition to your own.Let's discuss some of the concepts from the textbook as it applies to the slew of bankrupt and failed companies during this recent financial crisis. 1. Do you believe the main cause of a company's failure is due to its "risk assessment" and "risk appetite" practices, or does the general economy play a more important factor? Please support your answers with your reasoning. 2. Discuss the state of governance at these company((es). Please include your thoughts on the objectivity and/or independence of the various members of the Board of Directors. 3. Discuss whether you think companies could have effective internal controls over financial reporting (i.e. SOX 404 compliance), yet still have major weaknesses in its overall system of internal controls. Make sure to critique at least one other student's posting in addition to your own
