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
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in WEF Forum 22 April 2024
in Harvard Business Review May-June 2024, vol. 102, issue 3
Case reference: IMD-7-2548 ©2024
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in WEF Forum 22 April 2024
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
in Harvard Business Review May-June 2024, vol. 102, issue 3
Research Information & Knowledge Hub for additional information on IMD publications
Case reference: IMD-7-2548 ©2024
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications