In January 2004, Royal Dutch / Shell Group of Companies announced that it would cut its estimate of proven oil reserves of nearly 4 billion barrels, or 20 percent. Ad off a number of events, including the fall in share prices of the company, internal and external investigations and the resignation of several senior officers. During this period, the details came to light about sometimes fierce debate among officials of the company for its practices reserve. Representatives of the company had to decide what changes to make to restore public confidence in the organization. "Hide
by David F. Larcker, Robert Lawson, Brian Tayan Source: Stanford Graduate School of Business 34 pages. Publication Date: August 14, 2009. Prod. #: CG17A-PDF-ENG
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