Corporate Governance in Light of the Procomp Affair
作者:薛明玲 日期:2004-06-01 00:00
"The Procomp case has already entered judicial proceedings, so I cannot comment on it specifically, but I am more than happy to share my personal views on the corporate governance issues stemming from the case." - Albert Hsueh
從博達案談公司治理
作者:薛明玲 日期:2004-06-01 00:00
Positive Revelations from the SanDisk Case
作者:薛明玲 日期:2004-01-01 00:00
The positive revelations are more precious than the negative lessons.
Following the uproar occasioned by Eddie Liu's stock embezzlement from client SanDisk Corporation ("the SanDisk case"), it took law firm Lee and Li a mere two months to reach an agreement with SanDisk. This was accompanied by a press release, signed by three of the firm's most distinguished partners, declaring that Lee and Li remained a "beautiful pearl", and offering "an appreciation, a thought and a reflection" drawn from the case.
新帝案的正面啟示 (會計研究月刊218期 - 2004年1月)
作者:薛明玲 日期:2004-01-01 00:00
以價值為導向之併購管理策略
作者:薛明玲 日期:2003-07-01 00:00
A Look at Public Company Accounting Oversight in Taiwan
作者:薛明玲 日期:2003-04-01 00:00
In July of 2002, after the Enron affair, the House and Senate of the U.S. Congress passed the Sarbanes - Oxley Act, which was then signed into law by President Bush. The Act is the most important piece of securities market oversight legislation since the US enacted the Securities and Exchange Act in the 1930's. Also referred to as the Corporate Reform Act, its goals are to: 1) emphasize the responsibilities of companies and their executive officers; 2) strengthen disclosures of information; 3) raise accounting and auditing standards; and 4) increase penalties for illegal behavior.
由沙氏法案談我國會計監理制度
作者:薛明玲 日期:2003-04-01 00:00
Comments on Financial Statement Scandal
作者:薛明玲 日期:2002-10-01 00:00
The so-called "financial statement scandal" involving Enron, the 7th biggest company in the U.S., not only represented an enormous loss to its investors, but also resulted in the disintegration of Arthur Andersen, one of the world's top 5 accounting firms. The scandal had a serious impact on the securities market as well as the accounting system, and for a while the market was inundated with books and articles on how to analyze financial statements, uncover financial statement frauds, or see through accounting tricks. As these articles contained detailed discussions relating to means of "window dressing" financial statements, this issue will not be discussed here. Instead, the author will provide a few comments concerning the so-called "accounting scandal" from the point of view of a practicing accountant and auditor.