The Handbook of Board Governance by Richard Leblanc

The Handbook of Board Governance by Richard Leblanc

Author:Richard Leblanc [Leblanc, Richard]
Language: eng
Format: epub
ISBN: 9781119536994
Publisher: Wiley
Published: 2020-04-21T00:00:00+00:00


Fraud #2: Hiring “Rubber-stamp” Consultants

Closely related to Fraud #1 is the matter of board acceptance of a consultant's report that broadly defends a corporate management strategy that merely prolongs financial agony. Consultants cannot be chosen by a board just because “they are familiar with the company” (possible translation: being friends of senior management).

Canada especially has had a long history of situations where the following have been engaged inappropriately so as to support some form of senior management cover-up of a previous dubious decision:

Real estate appraisers

Pension asset valuators

Marijuana plant growers

Gold and silver vein geologists

Compensation consultants

Pollers of customer preferences

Advertising designers

Actuaries

And much more



Download



Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.