ACCT5029 Ethics and Governance
Presentation and Report
This assignment is worth 20% of your final mark and includes a group presentation by a
group of either 3 or 4 students. You may select your own groups but all group members must
be in the same tutorial. Your group is required to do an in-class presentation (worth 10
marks) on a corporate collapse from the perspective of ethics and governance AND also
submit a written report at the same time as the presentation (worth 10 marks).
Information about this important assessment is provided in your Unit Outline. Details of how
the presentation and report will be graded are in the Marking Guide Information attached.
You can use any available media for the presentation. The written component of your work
should be handed to your tutor at the time of your presentation and should not exceed 2,500
words. You must use Chicago referencing style to reference your work. TEXACO-PENNZOIL CASE.
You may wish to check out the CBS Communications Assistance website for information
about how best to prepare your presentation. You will find this at:
Remember, penalties apply for late submissions – if you are not ready to present or are not in
class of the week beginning 30 October 2017 you will be subject to late submission
penalties. TEXACO-PENNZOIL CASE.
Each group of 3 students will be allowed no more than 12 minutes for their presentation
and a group of 4 students will have no more than 15 minutes for their presentation.
You may choose your own corporate collapse to study but each group must have a different
case. Once you have selected your case you need to see your tutor to have it approved. If
another group has already selected that case you will need to select again. TEXACO-PENNZOIL CASE.
Select a major corporate collapse case and report the outcome paying attention to the
Introduce your group & who did what
Outline the history of the case
Provide details of the major protagonists (good and bad) and stakeholders affected by
Discuss the nature of the various illegal/unethical practices
Describe the forms of creative and misleading accounting that may have occurred.
Indicate what personal and professional moral qualities (e.g., virtues, codes of
conduct) appeared to be absent, which you believe contributed to the
fraud/mismanagement. TEXACO-PENNZOIL CASE.
Provide details of the poor corporate governance procedures that may have
encouraged or supported the promulgation of the fraud/mismanagement. What
procedures and safeguards should have been in place that would have deterred the
How might the local culture (including social and political environment) have
contributed to the occurrence of the fraud/mismanagement?
These items are suggested as a guide only – it is up to you want you include in your presentation.
ACCT5029 CPA Ethics & Governance
Marking Guide for Group Presentation
Presenter 1: Student Number:
Presenter 2: Student Number:
Presenter 3: Student Number:
Presenter 4: Student Number:
Knowledge of topic 30
o Clear voice
o Enthusiasm. TEXACO-PENNZOIL CASE.
o Eye contact (not reading from notes)
o Engaging audience
Individual mark 80
Group or presentation as a whole
Handling of topic
o Identified key issues
o Discussed key issues
o Clear & supported conclusions. TEXACO-PENNZOIL CASE.
Research (You need to demonstrate this in
your talk e.g. quote studies, articles etc)
o Statement of topic
o Introduction (speakers & talk)
o Logical progression & development
o Conclusion. TEXACO-PENNZOIL CASE.
Supporting written material 30
Group mark 120
Total mark 200
Final Scaled Presentation Mark 10
The corporate world has history of multiple case of organizational collapse, but most of these cases are due to ethical issues. Existing research evidence shows that poor corporate governance, disregard of existing laws, failure to adapt to changing business environment, and others are among the major factors contributing to collapse of most business organisations (Szegedi 2011). Disregard of ethical corporate practices have brought down previously large corporations like world.com, Enron, and many others. The extent of corporate unethical practices was manifested in the recent 2007/2008 economic crisis where most companies were filing for bankruptcy while executives were earning millions of dollars in perks. One of the important examples of organisational collapse due to unethical practices was the case of Texaco, a multinational oil company that was engaged in a long running legal case with Pennzoil, until a determining awarding Pennzoil benefits of $10.3 billion was made leading to eventual bankruptcy of Texaco. This study will look at the facts of this case in light of ethical practices. It will explore how poor corporate governance and local culture contributed to this case……
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