The ICCSR and Nottingham University Business School are delighted to be hosting an evening with Michael Woodford, Olympus CEO turned Whistleblower.
This story is extraordinary. Michael Woodford the newly-appointed president and then CEO of Olympus wakes up to find that nobody is telling him the truth, facing an accounting fraud on a massive scale, approaching $2 billion. Even the chairman and the Head of Compliance and Governance are suspected of being in on it. The CEO faces a terrible dilemma that could put his and his family's lives at risk. Who can he trust? Certainly, not his own board. What lessons can be found in his experience about information and transparency in financial flows. Listen to his story, both hilarious and terrifying, as the decision he makes leads to the exposure of the scandal, the crash in the share price, the entire board's resignation and an armed guard.
Is it so far away from what happens elsewhere? In today's business climate, are the risks of these sorts of frauds more likely? How can regulation work when even the trusted guardians can't be trusted? How much of this is going on right now? What would you do in Mr Woodford's position?
You are invited to join us to hear Michael recount his experiences first hand and discuss some of these questions. The lecture will followed by a reception and book signing. Copies of Michael Woodford's book Exposure: Inside the Olympus Scandal will be available to purchase at the event or can be ordered when you register.
The lecture will take place on Tuesday 12th March in Room B52 at Nottingham University Business School South Building, Jubilee Campus at 5:30pm for 6:00pm. The lecture will finish at 7:30pm and will be followed by a drinks reception and book signing. This lecture is free to attend and open to the public but registration is essential to secure your place. For more information and to register please visit our website.
If you have any general enquiries contact: e: iccsr@nottingham.ac.uk t: +44 (0) 115 84 66976
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