Contributing Member of the Accounting & Financial Analysis Councils

Names and details of certain GLG News authors are available only to GLG Clients and Council Members. GLG News authors are subject-matter experts within the GLG Councils and are available for expert consulting - by phone, in-person, or written analysis. To find out how to become a GLG client or Council Member, click here.

GLG News by this Author

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

GLG News is now G+ Insights

G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.

Executive abuse of working capital is a worldwide fraud issue.

March 31, 2009

Analysis of:Working capital diversion | economictimes.indiatimes.com

1. Diversion of capital is a common abuse among senior executives. This is especially true among privately held companies. 2. “What’s mine is mine and what’s here is mine, too” is an overriding attitude. 3. Without personal risk on these obligations, one may be at their mercy for completion. They have little mercy and enforcement has its risks.

Page : 11 to 1 of 1

Subscribe to Updates

By RSS