Global Recruiter's Top 100 Business Schools 2006
QS Research 1990-2006

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5.10 CORPORATE GOVERNANCE

There have been a great many instances of poor corporate governance and corporate social responsibility (CSR) in recent years in businesses around the world. The most widely reported cases have been the WorldCom and Enron collapses. Directors of public companies were alleged to be actively hiding losses in offshore accounts to boost their reported profitability. This malaise has now been exposed in Europe, with directors and auditors of Parmalat apparently guilty of similar malpractice. As global outsourcing spreads, the opportunities and risks of corporate financial catastrophe from poor governance increase. Several US apparel retailers are currently facing a multi-billion dollar class action from a group of Chinese workers in Saipan, for allegedly maintaining illegal working conditions. "The crisis can be viewed as a failure of boards of directors, accountants and others who let down corporate stakeholders," says Paul Danos, Dean of Tuck School of Business at Dartmouth College in the US. Matt Tuchow, Professor of CSR at Geneva International Organisations MBA programme, says, "Today no famous brand or publicly traded company is immune from potential attack by stakeholders who now expect more responsibility, accountability and transparency."

5.10.1 Table of Top Specialisations: Corporate Governance

Source: QS TopMBA.com International Recruiter Survey 2006

Concluded.

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QS World MBA Tour - QS TopMBA.com International Recruiter Survey 2006
© QS Quacquarelli Symonds Ltd. 2006
Website: www.topmba.com

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