Designed to follow on from “The Barings Collapse (A)”, the case describes how Leeson concealed his unauthorised trading activities, how Barings blindly financed them and how the internal and external controls failed to identify the mounting losses. The case identifies areas of poor internal control inadequate computer systems and breakdown in information flow. The failure of internal and external audit and regulatory systems is also discussed.
Barings collapse (A): Breakdowns in organizational culture & management
Summary
This case is designed to give an overview of the collapse of a prestigious financial institution and the organizational failings that contributed t...
1999 ECCH AWARD WINNER (Finance)
Reference
IMD-1-0155
Copyright
©1996
Copyright owner
IMD Copyright
Available Languages
English
Contact
Research Information & Knowledge Hub for additional information on IMD publications
Barings collapse (B): Failures in control and information use
Summary
Designed to follow on from "The Barings Collapse (A)", the case describes how Leeson concealed his unauthorised trading activities, how Barings bli...
Reference
IMD-1-0156
Copyright
©1996
Copyright owner
IMD Copyright
Available Languages
English
Contact
Research Information & Knowledge Hub for additional information on IMD publications