Governance at Metallgesellschaft (A) Case Solution
MG Corp., that is a U.S. subsidiary company of Germany's international conglomerate, Metallgesellschaft, engaged in a disastrous hedging strategy that nearly swept up the whole enterprise into insolvency.
This note explores issues of responsibility and accountability among the important boards. In doing so, it highlights the German two-tier board system of government.
PUBLICATION DATE: April 14, 1995
This is just an excerpt. This case is about ORGANIZATIONAL DEVELOPMENT
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