The Australian Banking Royal Commission’s recent final report into the banking and financial services industry makes 24 referrals to the regulators to take action over misconduct. It also made 76 recommendations for how the problems can be fixed and contained scathing criticism of executives. …
It’s for profit and market share, stupid. The cost-benefit analyses that management accountants perform, that compares quality-cost relationships, profits and market share vis-à-vis the risks associated with failure, can be traced to why corporations prematurely launch products that they know …
