No. 2005–57 ROYAL AHOLD: A FAILURE OF CORPORATE GOVERNANCE AND AN ACCOUNTING SCANDAL By Abe de Jong‚ Douglas V. DeJong‚ Gerard Mertens‚ Peter Roosenboom March 2005 ISSN 0924-7815 Royal Ahold: A Failure of Corporate Governance and an Accounting Scandal Abe de Jong* Department of Financial Management Erasmus University Rotterdam a.jong@fbk.eur.nl Douglas V. DeJong Tippie College of Business University of Iowa douglas-dejong@uiowa.edu Gerard Mertens Department of Financial Management Erasmus
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com/locate/jaccpubpol Investor relations‚ reputational bonding‚ and corporate governance: The case of Royal Ahold Abe de Jong a‚ Douglas V. DeJong b‚*‚ Gerard Mertens a‚ Peter Roosenboom a b a Department of Financial Management‚ RSM Erasmus University‚ Netherlands Tippie College of Business‚ University of Iowa‚ Iowa City‚ IA 52242‚ United States Abstract Royal Ahold (Koninklijke Ahold NV) was one of the major success stories in the 1990s and is one of the major failures‚ suffering a complete
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EDUCATION Vol. 22‚ No. 4 November 2007 pp. 641–660 Europe’s Enron: Royal Ahold‚ N.V. Michael C. Knapp and Carol A. Knapp ABSTRACT: Royal Ahold‚ N.V.‚ is a large multinational company based in The Netherlands that was founded in 1887 by Albert Heijn. Three generations of the Heijn family oversaw the company’s retail grocery business. In 1989‚ the company hired a professional management team. The new management team expanded Royal Ahold’s operations by purchasing grocery chains around the globe‚
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2.1 Royal Ambassadors of Nigeria. 2.2 Royal Ambassadors and social vices. 2.3 Biblical review: Daniel as an agent of transformation. CHAPTER 3 3.0 Research Methodology 3.1 The study area: Lagos East Baptist Conference Royal Ambassadors. 3.2 Population‚ sample size and sample procedure. 3.3 Data source (questionnaire) 3.4 Data analysis 1.0 Introduction. 1.1 Background to the study. The 21st century ambassador as an agent of transformation remains a core vision of the royal ambassadors
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media‚ to be specific is obsessed with celebrity and vice versa; due to the power that each holds. When a magazine puts someone famous on its cover‚ people are more enticed to buy it. Hilary Mantel dares to make the rather obvious point that the royal body is public property. She describes the Duchess as “becoming a jointed doll on which certain rags are hung…‚ a shop-window mannequin‚ with no personality of her own.” Mantel states that it is important that the Duchess of Cambridge is young‚ pretty
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Royal Bodies The monarchy is just a puddle full of wealthy people whose only concern is to dress nicely and smile politely the public. But is that really the case? And is that how Hilary Mantel sees it? The excerpt is from a speech held by the famous English writer‚ Hilary Mantel. She gave the speech at a lecture in the British museum in 2013. Hilary Mantel talks about the “Royal Bodies” and the monarchy as she sees it. At a former convention she was asked to name a famous person to
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Battle Royal by Ralph Ellison It goes a long way back‚ some twenty years. All my life I had been looking for something‚ and everywhere I turned someone tried to tell me what it was. I accepted their answers too‚ though they were often in contradiction and even self-contradictory. I was naive. I was looking for myself and asking everyone except myself questions which I‚ and only I‚ could answer. It took me a long time and much painful boomeranging of my expectations to achieve a realization
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An analysis of mise- en- scene‚ editing and sound of “The Royal Tenenbaums” According to Mike Crisp‚ editing “comes in a category some where between nrain surgery at one extreme and tiling the bathroom at the other”.(Orpen 2003‚ 16) French director claude Chabrol compared editing similarly‚ to doing the washing up: “Script writing is like cooking. Shooting‚ the part I enjoy the most‚ is like eating. Editing therefore is‚ well‚ the wasing up.” (Orpen 2003‚ 16) The following essay will analyze mise-
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Ahold: Royal Dutch Disaster Session 7 Management Accounting & Controls Date 24-Feb-03 Issue: $500 million fraud What: Global food retailer with over 9‚000 stores and 278‚000 employees in 4 continents 2002 Sales -72 billion Euros up from 66 billion in 2001 Current outstanding loans of 13 billion euros due to 7 years of acquisitions People: Cees Van der Hoeven – CEO since 1993 (joined Ahold’s executive boar as CFO in 1985) Michiel Muers 1997 – CFO graduated in business studies and economics Jim
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THE ROYAL PREROGATIVE A WHAT IS THE PREROGATIVE? 1. This note seeks to describe as fully as possible the extent of the prerogative. However‚ as will become clear‚ the exact limits of the prerogative cannot be categorically defined. The note goes on to describe the way in which the exercise of prerogative power is controlled by Parliament and the Courts. 2. There is no single accepted definition of the prerogative. It is sometimes defined to mean all the common law‚ ie non-statutory
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