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Kendallville Bank Governance Failures by Aqsa Ijaz is a document available to read on EtoBox.

What is Kendallville Bank Governance Failures about?

The document discusses corporate governance issues at Kendallville Bank that led to financial reporting fraud. Key issues included: 1) The board of directors provided little oversight and many directors had conflicts of interest as bank customers. 2) The CEO made decisions without proper board committees and allowed directors to serve on other boards reducing focus. 3) The chief lending officer manipulated the allowance for loan and lease losses estimates without proper documentation or scrutiny. 4) R

Author

Aqsa Ijaz

Language

EN