This Case study on HIH Insurance Limited carefully analyses the various factors which led to the downfall of the company. The different forms of ethical misconducts and frauds conceived by the directors of the firm and the external auditors had been given special focus.
As per the research on business law assignment, in the year 2001, HIH had to be liquidated with losses within the range of 3.6 Billion dollars to 5.3 Billion Dollars.
Tags: BUSINESS LAW CRITICAL ANALYSIS AUSTRALIA LAW HIH INSURANCE LAWS2006
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