Driven to the Brink

Why Corporate Governance, Board Leadership and Culture Matter

Authors: Micklethwait, Alicia, Dimond, Patricia

  • Examines major corporate meltdowns and how we can prevent them from happening again; from one of the authors of the best-selling book Greed and Corporate Failure
  • Features in-depth case studies on Olympus, Co-op, CNP, HSBC and Kids Company amongst others
  • Examines the less widely understood world of corporate China with detailed discussion of Sino-Forest, the Glaxo fraud and Alibaba
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eBook 27,36 €
price for Germany (gross)
  • ISBN 978-1-137-59053-4
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 35,30 €
price for Germany (gross)
  • ISBN 978-1-137-59051-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Driven to the Brink is a collection of short stories about corporate disasters and how inadequate governance and flawed culture caused a massive destruction of shareholder value.

Look at any major corporate meltdown and two factors emerge: a failure of corporate governance and a culture where short-termism and greed are rewarded and risk is encouraged to flourish unchecked. 

Two years before the latest crash, Alicia Micklethwait co-wrote the best-selling Greed and Corporate Failure which examined some of the high profile corporate disasters of the early years of the 21st century. Sadly those lessons were forgotten.  Companies have continued to be Driven to the Brink of disaster. 

Now, with co-author Patty Dimond, they examine what we must learn this time around. Drawing on in-depth case studies of the Libor scandal, Olympus, Co-op, Kids Company and others, Dimond and Micklethwait ask what have we learned and more importantly, what can we do to prevent these disasters from happening again?

They also examine the large, emerging and less widely understood world of Corporate China with detailed discussion of the Lixel and Glaxo frauds. On a positive note, staying with China, they look at the story of Alibaba and ask is an ethical culture enough to protect shareholder rights?

About the authors

Alicia Micklethwait is a graduate of the University of Oxford, a member of the Chartered Institute of Management Accountants and has an MBA from IMD. She is CFO of a technology start-up company and has held senior accounting and commercial positions in multinational manufacturing companies in London and Brussels. Alicia has taught accounting and finance at several European business schools and in China and co-wrote Greed and Corporate Failure together with Professor Stewart Hamilton.

Patricia Dimond has 25+ years of board level experience in consumer markets in London, Geneva, New York and Toronto and is a McKinsey Alumni.  She is currently involved in early stage Investment and fund management.  She is a CFA, a member of the Institute of Chartered Financial Analysts, and has served on the Board of the Swiss CFA society.  Patty graduated from Canada’s Richard Ivy School of Business, with an HBA and has an MBA from IMD, Switzerland.  She qualified as a chartered accountant (CA) working with Deloitte Haskins and Sells.

Table of contents (10 chapters)

  • Introduction

    Micklethwait, Alicia (et al.)

    Pages 1-14

    Preview Buy Chapter 29,69 €
  • Enron: Launch to Boom and Bust, 1985–2001

    Micklethwait, Alicia (et al.)

    Pages 15-38

    Preview Buy Chapter 29,69 €
  • The Banking Crisis: Born of Dreams, Fuelled by Bad Behaviours

    Micklethwait, Alicia (et al.)

    Pages 39-66

    Preview Buy Chapter 29,69 €
  • Global Banking: Will the Scandals Never End?

    Micklethwait, Alicia (et al.)

    Pages 67-94

    Preview Buy Chapter 29,69 €
  • Olympus: Management was Corrupt at Its Core

    Micklethwait, Alicia (et al.)

    Pages 95-118

    Preview Buy Chapter 29,69 €

Buy this book

eBook 27,36 €
price for Germany (gross)
  • ISBN 978-1-137-59053-4
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 35,30 €
price for Germany (gross)
  • ISBN 978-1-137-59051-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Driven to the Brink
Book Subtitle
Why Corporate Governance, Board Leadership and Culture Matter
Authors
Copyright
2017
Publisher
Palgrave Macmillan UK
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-59053-4
DOI
10.1057/978-1-137-59053-4
Hardcover ISBN
978-1-137-59051-0
Edition Number
1
Number of Pages
XVIII, 244
Topics