McBride Financial Problem Solution

Problem Solution: McBride fiscal go University of Phoenix The misdirection and fraud crapd by corporations equal Enron, WorldCom and Tyco forced Congress to enact the Sarbanes-Oxley Act (SOX). The law requires in unified ecesis includes monetary reporting and disclosure. McBride Financial go (McBride) has suit a publically trading familiarity that involve to dumbfound good bodied governance to meet the expectation of the investors. McBride needs resolvings to resolve issues of noncompliance that could hurt the reputation of the company. This paper illustrates the none and opportunities; stakeholders interest; determine and ethical dilemmas; problem statement; end-stage visual modality; substitute(a) solutions; analysis of alternative solutions; risk and mitigation; optimum solution; and evaluation of the results to create best practices in corporate governance. federal agency Analysis Issue and Opportunity Identif ication McBride Financial Services (McBride) is a regional mortgage lender specializing in conventional, FHA and VA loans to leverage or finance homes (University of Phoenix, 2010). The start-up company has become a publicly trading entity with Beltway Investments (Beltway) as the majority investor.

Beltway sine qua nons McBride to use best practices in corporate governance and plans to rely on Institutional Shareholders Services recommendations about the companys bank line practices (University of Phoenix, 2010). Hugh McBride, founder and chief operating officer, does not want term of enlistment from the board of directors or investors and plans to run the company his way. McBride has the opportunity to create charters and b! ylaws to place checks and balances by shifting antecedent from the CEO to an commutative board of directors. Another issue is the CEO has no familiarity about corporate governance and regulatory compliance. Hugh McBride wants the controller, capital of Minnesota Thomas, to grapple issues regarding corporate governance, Sarbanes-Oxley Act (SOX), and focus on intragroup controls. McBride has not submitted any quarterly or annual reports mandated by the sulfur (University of Phoenix, 2010). McBride has the opportunity... If you want to get a full essay, revisal it on our website: OrderEssay.net

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