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

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

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.

Learning Objective
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