Option #1: Fraud Deterrence, Detection, and Prevention
Read the following case and then respond to the questions that follow: Mikes, A., Yu, G., & Hamel, D. (2013, December 10). Lehman Brothers and Repo 105. Harvard Business Review. Retrieved from https://cb.hbsp.harvard.edu/cbmp/pl/78581535/78581543/618b48093377e23f78f4b7763c3bdd98
- How could bankruptcy have been prevented? Propose a comprehensive fraud prevention plan that would have saved Lehman Brothers had it been in place.
- Be sure to explain the distinct roles of each relevant party in this plan, including:
- Senior Leadership
- Middle Management
- Corporate Legal Team
- Internal Audit and the Audit Committee
- Corporate Security
Identify the common resistance patterns encountered with the various parties and explain how to overcome them. Should your plan include a business code of conduct and ethics? Why or why not?
Please submit a paper in a Word document of three to five pages in length, not including the title and reference pages. Calculations are not required in this assignment but may be included in a table within your paper if you wish. Cite at least three resources supporting your responses, other than the course textbook.