In Australia,the corporate failures of HIH and One.Tel were attributed to the problems of:

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The corporate failures of HIH and One.Tel were largely attributed to poor corporate governance and unethical behavior. HIH collapsed in 2001 due to a combination of inadequate financial reporting, risk management, and corporate governance practices. Similarly, One.Tel's collapse in 2001 was attributed to a lack of corporate governance and financial transparency, as well as unethical actions by company directors. Both failures highlighted the importance of strong corporate governance and the need for ethical behavior in business.

In Australia,the Corporate Failures of HIH and One