dc.contributor.author | Monem, Reza | |
dc.date.accessioned | 2017-05-03T15:14:18Z | |
dc.date.available | 2017-05-03T15:14:18Z | |
dc.date.issued | 2011 | |
dc.date.modified | 2013-05-30T00:13:29Z | |
dc.identifier.issn | 1035-6908 | |
dc.identifier.doi | 10.1111/j.1835-2561.2011.00151.x | |
dc.identifier.uri | http://hdl.handle.net/10072/42673 | |
dc.description.abstract | One.Tel was a major corporate collapse in Australia in 2001. At the time of its collapse, it was the fourth largest telecommunications company in Australia with more than two million customers and operations in eight countries. Analyses of quantitative and qualitative data from diverse sources suggest that One.Tel's collapse is a classic case of failed expectations, strategic mistakes, wrong pricing policy, and unbridled growth. The company's meteoric rise and fall was associated with serious deficiencies in its corporate governance, including weaknesses in internal control, financial reporting, audit quality, board's scrutiny of management, management communication with the board, and poor executive pay-to-performance link. Thus, the collapse of One.Tel has several important lessons on the role of corporate governance in preventing corporate collapse. Correspondence | |
dc.description.peerreviewed | Yes | |
dc.description.publicationstatus | Yes | |
dc.format.extent | 130933 bytes | |
dc.format.mimetype | application/pdf | |
dc.language | English | |
dc.language.iso | eng | |
dc.publisher | Wiley-Blackwell Publishing Asia | |
dc.publisher.place | Australia | |
dc.relation.ispartofstudentpublication | N | |
dc.relation.ispartofpagefrom | 340 | |
dc.relation.ispartofpageto | 351 | |
dc.relation.ispartofissue | 4 | |
dc.relation.ispartofjournal | Australian Accounting Review | |
dc.relation.ispartofvolume | 21 | |
dc.rights.retention | Y | |
dc.subject.fieldofresearch | Auditing and accountability | |
dc.subject.fieldofresearch | Corporate governance | |
dc.subject.fieldofresearchcode | 350102 | |
dc.subject.fieldofresearchcode | 350701 | |
dc.title | The One.Tel Collapse: Lessons for Corporate Governance | |
dc.type | Journal article | |
dc.type.description | C1 - Articles | |
dc.type.code | C - Journal Articles | |
gro.faculty | Griffith Business School, Department of Accounting, Finance and Economics | |
gro.rights.copyright | © 2011 CPA Australia Ltd (CPA Australia). This is a preprint of an article published in the Australian Accounting Review. Reproduced in accordance with the copyright policy of the publisher. The definitive version is available at http://onlinelibrary.wiley.com/ | |
gro.date.issued | 2011 | |
gro.hasfulltext | Full Text | |
gro.griffith.author | Monem, Reza | |