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accounting malfeasance, but "there has not even been a reprimand'' in Canada.
Why the apparent laxity on this side of the border?
"It's the Canadian people,'' said Rosen, head of Rosen & Associates
http://www.wikidfranchise.org/20060526-would-enron
four years now, newspapers have been full of stories about corporate malfeasance, about wildly overpaid executives, about a succession of specific scandals, such as that at Enron, which has just
http://www.wikidfranchise.org/20060616-greedy-ceos
that his past malfeasances are spelled out in the franchise agreement so no one can say he didn't know what he was getting into.
He'll soon change the name of his company from Fog Cutter to Fatburger
http://www.wikidfranchise.org/20071015-a-juicy
chosen by franchisor
Malfeasance
No protection from monopoly
Opportunism: contract creates powers which are used to strip investor value during relationship
Risk much higher for franchisee than
http://www.wikidfranchise.org/the-marriage:courting
to fail,Franchisor corporations designed to keep franchisee fees but shirk liabilities, Franchisor defaulting on their debt, Franchisor insolvency, intentional, Landlord betrayal Landlord extorted through insolvency, Legal fees unpaid, Malfeasance, United States, 20090407 Wiederhorns fatburger
http://www.wikidfranchise.org/20090407-wiederhorns-fatburger
and otherwise corrupting city officials.
The process of reducing or eliminating inefficiency and malfeasance, whether in government or business, most often starts with imposing accountability
http://www.wikidfranchise.org/20031111-cant-run
tamp the grass back down and re-establish our pastoral innocence with bland assurances that the grubby malfeasants are mere outliers and one-offs who will be punished? Is it because our schooling has
http://www.wikidfranchise.org/20101130-why-i
suffer as a result of the malfeasance of a few at the top of the pyramid.
However, there are approximately 35,000 other public companies traded on U.S. stock markets. Most of these are led by people
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institutions and consultants.
4. Fraud requires a tolerant environment.
5. Malfeasance is minimized with a free flow of information regarding material investment risks. The Canadian franchise industry
http://www.wikidfranchise.org/20050225-franchising-opportunism
that systems are in place to prevent malfeasance."
So far, though, those fraud statistics don't seem to be improving. In Prof. Hare's view, the prognosis is grim.
"I think things are going to get worse
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