Corporate governance at het: Scenes from a Vietnamese-foreign marriage (A)
Markus Sailer was the nominee director for an Austrian bank; sitting on the board of Hanoi Energy Technology. The company was a joint venture between three partners: a Vietnamese investment fund with strong government links; a Singaporean commercial bank and the Austrian bank with a focus on sustainable investments. Markus becomes increasingly worried; when the chairman of HET takes over more power and takes decisions outside his authorities and outside the scope of the business. He wants to stop him; yet doesn’t know how exactly; in the specific political environment and uncertain support from his fellow foreign directors.
Discuss corporate governance in an international setting and the possibilities to react to overly powerful and autocratic directors and chairmen.
Cranfield University
Wharley End Beds MK43 0JR, UK
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Harvard Business School Publishing
60 Harvard Way, Boston MA 02163, USA
Tel (800) 545-7685 Tel (617)-783-7600
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NUCB Business School
1-3-1 Nishiki Naka
Nagoya Aichi, Japan 460-0003
Tel +81 52 20 38 111
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