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FACC 6500 Corporate Governance: Volkswagen’s Dieselgate Scandal

Question:

Volkswagen’s Dieselgate scandal 

Task:

Answer these questions based on the facts below and your research, including Richard LeBlanc’s textbook The Handbook of Corporate Governance which is linked on FACC 6500 eClass:

Facts:

An emissions testing defeat device, as part of a VW diesel car software, was installed in 11 million VW vehicles to evade US EPA environmental emissions regulations from 2009 to 2015.

Was this failure the result of:

  • VW corporate governance;
  • VW culture;
  • The German model of “co-determinism
  • VW Internal Controls failures;
  • VW Risk Management failures;
  • Other; or
  • A combination of the above?

Instructions:

Support you answer with facts and findings from your readings.

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