News > 2014 > First place in the EthicsCenter.ca cross-Canada case competition

First place in the EthicsCenter.ca cross-Canada case competition

October 15, 2014

Associate Professor Eduardo Schiehll (Accounting) has won first prize in the cross-Canada Simon Fish Case Writing Competition held by the prestigious EthicsCenter.ca (Canadian Centre for Ethics & Corporate Policy), for the case study he wrote in collaboration with PhD student Gokhan Turgut and Élise Demers, CPA, a 2014 graduate from our MSc program.

 

Gokhan Turgut
Gokhan Turgut
Elise Demers
Élise Demers

 

The winning case, “Board Composition and Governance Dilemma at Magna International,” looks mainly at the composition of a Board and the roles of Boards of Directors of publicly listed companies in terms of ethics and governance. Among other things, the study is designed to help students identify and evaluate governance issues related to companies’ share structures, companies held or controlled by families, the code of ethics of the Board of Directors and conflicts between majority and minority shareholders. The study consists of a chronological description of the controversy caused by a transaction between related parties with the aim of dismantling a two-level financial structure that allowed the Stronach family to control the business (Magna International Inc.) although it held only a fraction of the equity.

 

Eduardo Schiehll, PhD, FCPA, FCMA, has over 13 years' experience in teaching. He also holds an MSc in Finance from the Universidade Federal de Rio Grande do Sul (Brazil) and specializes in management accounting, performance measurement, corporate governance and executive compensation. Before joining HEC Montréal in 2001, he worked as an auditor for seven years with PriceWaterhouseCoopers in Brazil. Professor Schiehll is an Assistant Editor with Corporate Governance: An International Review, a scientific journal that is part of the ISI Journal Citation Report (JCR).