Case Study

Barings collapse (B): Failures in control and information use

16 pages
March 1996
Reference: IMD-1-0156

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.

Keywords
Control, Information Flow, Audit, Banking
Settings
United Kingdom
1995
Type
Published Sources
Copyright
© 1996
Available Languages
English
Related material
Teaching note
Case clearing houses
Contact

Research Information & Knowledge Hub for additional information on IMD publications

Discover our latest research
IMD's faculty and research teams publish articles, case studies, books and reports on a wide range of topics