Adelphia - Adelphia Kevin Hopkins Bus 101 AH Adelphia Case...

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Adelphia Kevin Hopkins Bus 101 AH Adelphia Case 1. The primary stakeholders in this case are the owners. In this reading that would be the Rigas family. They were the owners and primary stakeholders ever since 1952. The other owners which came into play when the company went public are the shareholders 2. The accounting irregularities that the SEC was concerned with which launched an investigation. The Rigas family took $3 billion of unreported loans from the company to finance their lifestyle, which negatively affected the owners. To protect owners interest the top 3 resigned while the board of directors was reconstructed. The members of the Rigas family were replaced. 3. The owner’s interests are to see that they are getting a return in profit. The owners have a couple of responsibilities. There primary responsibility is to form ideas for daily operations of the company. 4. The board of director’s main responsibilities is to establish corporate objectives, develop broad policies and select top-level personnel to carry on
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This note was uploaded on 01/09/2012 for the course ECO 201 taught by Professor Dunlevy during the Fall '08 term at Miami University.

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Adelphia - Adelphia Kevin Hopkins Bus 101 AH Adelphia Case...

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