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hour, 57 minutes Question complet Moving to another question will save this response mestion 27 This case study is used with several questions in this

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hour, 57 minutes Question complet Moving to another question will save this response mestion 27 This case study is used with several questions in this test. It is repeated with each question to help you with your answer Case Study 2: Thomas Cook he Thomas Cook collapse highlights the lack of corporate accountability th the breakdown of another major British company comes another example to show how ineffective corporate governance systems can be. The figures speak for the veen 2014 and 2018, the firm's shareholders allowed it to pay its directors more than 20m. Its CEO, Peter Fankhauser, received over while non pany did not afford such salaries as it was operating in a highly competitive market with limited profit as the rise of online competitors threatened traditional way of Directors and CEOs is very weakly related to their performance. Thomas Cook's directors show that they can walk away while the tomers oard of Directors in the case study are being overpaid during difficult times for the company. This goes against Corporate Governance Principles two Corporate Governance Principles that are against paying the Directors salaries that are too high during difficult times. so n g the T Arial : 3 (12pt) . T . E . 25 MacBook Air Question 22 Case Study 2: Thomas Cook Between 2014 and 2012 the The Board of Directors in the case study are being verring Explain two Corporate Governance Principles that are against paying the e r n share e MacBook Air hour, 57 minutes Question complet Moving to another question will save this response mestion 27 This case study is used with several questions in this test. It is repeated with each question to help you with your answer Case Study 2: Thomas Cook he Thomas Cook collapse highlights the lack of corporate accountability th the breakdown of another major British company comes another example to show how ineffective corporate governance systems can be. The figures speak for the veen 2014 and 2018, the firm's shareholders allowed it to pay its directors more than 20m. Its CEO, Peter Fankhauser, received over while non pany did not afford such salaries as it was operating in a highly competitive market with limited profit as the rise of online competitors threatened traditional way of Directors and CEOs is very weakly related to their performance. Thomas Cook's directors show that they can walk away while the tomers oard of Directors in the case study are being overpaid during difficult times for the company. This goes against Corporate Governance Principles two Corporate Governance Principles that are against paying the Directors salaries that are too high during difficult times. so n g the T Arial : 3 (12pt) . T . E . 25 MacBook Air Question 22 Case Study 2: Thomas Cook Between 2014 and 2012 the The Board of Directors in the case study are being verring Explain two Corporate Governance Principles that are against paying the e r n share e MacBook Air

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