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Greed and Corporate Failure Pdf

Download Greed and Corporate Failure Pdf

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Book Description:

That’s the book for anyone who must know what truly lies behind the scandals and disasters of worldwide business which have marred the first few years of the twenty-first century. This book should not be about stock market "bubbles". Neither is it about accounting scandals and craven auditors. Pretty, it examines why firms fail. The authors postulate that the reasons firms fail are few, and all too widespread. Detailed analysis of eight of in all probability probably the most properly-recognized present failures decide six foremost causes: poor strategic choices; over-enlargement and ailing-judged acquisitions; dominant CEOs; greed, hubris and a need for power; failure of internal controls, and ineffective boards. The authors moreover set out what the prudent investor, board member or supervisor have to be alert to nevertheless sometimes is not.




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