Greed and Corporate Failure: The Lessons from Recent Disasters

Author(s): Stewart Hamilton

Economic History/ Global Business

Shareholders have lost vast amounts of money as a result of corruption and collapse of well known companies. Why did auditors and regulators fail to spot what was going to happen? These cases and stories together reveal many commonalities behind the disasters. The book explains what regulators are doing to reduce the risk of future fraud and failure and what investors should look out for to avoid risky investments.

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STEWART HAMILTON is Professor of Accounting and Finance at IMD, Switzerland. He has been a senior partner in a UK national accounting firm and has served on the boards of companies in a range of industries. He has acted as a consultant to a number of major European companies and contributed to many books and other publications and written prize-winning cases on Barings and Enron. ALICIA MICKLETHWAIT is a member of the Chartered Institute of Management Accountants and holds an MBA from IMD, Switzerland. She has held accounting and commercial roles in companies and worked as a member of t

Foreword Preface Acknowledgements Introduction Barings and Allied Irish Bank: Lessons Ignored Enron: Paper Profits, Cash Losses WorldCom: Disconnected Tyco: Greed, Hubris and the $6000 Shower Curtain Marconi: Establishment to Wunderkind to Basketcase Swissair: Crashed and Burned Royal Ahold: Shopped till he Dropped Parmalat: Milking the System Conclusions Epilogue List of Abbreviations Glossary Index

General Fields

  • : 9781403986368
  • : Palgrave USA
  • : Palgrave Macmillan
  • : 0.476
  • : 20 April 2006
  • : 234mm X 156mm X 17mm
  • : United States
  • : books

Special Fields

  • : 256
  • : 658.15
  • : Hardback
  • : Stewart Hamilton