Royal Dutch/Shell, A Shell Game with Oil Reserves - Governance Overhaul After Scandal (B)

By David Larcker, Robert Lawson, Brian Tayan

2009 | Case No. CG17B

Accounting , Corporate Governance

Following the revelation that the Royal Dutch/Shell Group of Companies had overstated its proved oil reserves by over 4 billion barrels, company officials announced dramatic changes to the company’s organizational structure and governance system. These changes were intended to improve management oversight and long-term corporate performance. This case outlines those changes.

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