4. Critical evaluation of the practices/behaviours of Zilingo in relation to Power and control through critical application of the reviewed theories. 4.1 Corruption and Financial Irregularities The business neglected to submit annual financial statements for a period of two years, which is a requirement for companies of its size in Singapore. In less than two years, the US$226 million that Zilingo had raised from investors had been squandered. (How a Celebrity CEO's Rule of Fear Helped Bring down Hot Startup Zilingo, Garage - THE BUSINESS TIMES, n.d.) The company's corruption is the first problem. In many companies, corruption is a serious problem that can significantly affect how authority and control are exercised. The following concern concerns financial irregularities. According to one source, the corporation provided $14 million in book loans to Indian and Indonesian vendors. Nonetheless, no risk assessment was performed on these loans, and the full sum was written off as bad debt. Furthermore, in December 2019, Zilingo paid $15.5 million in cash and shares to acquire the Sri Lankan software start-up ncinga. Negotiations with ncinga are said to have begun in May 2019 at a valuation of $5 million to $7 million. In order to prevent corruption and financial irregularities, organizations must be transparent and employ efficient anti-corruption methods. Establishing a robust power structure for discipline is one method for achieving this goal. This will ensure that employees are held accountable for their actions and that a clear mechanism to ensure transparency and accountability is in place. Zilingo is suggested to increase the transparency of its business practices. Strong corporate governance and transparency are needed in order to combat corruption and ensure that employees are held accountable for their actions. Zilingo should ensure that their budget and financial reporting techniques are concise and that all of their financial data is accessible to stakeholders. In addition, they should have a well-established system for managing financial inconsistencies.J L According to a source, Bose's hasty purchase of Zilingo ended in Zilingo spending more than twice as much seven months later. (Zilingo 's House QfCords': How Founders Mfsmonoged It To The Ground, 11.d.) 4.2 Poor Leadership According to,(ZiIfngo-Backer Sequoia Says F roud Allegations \"Deeply Disturbing, \" n.d.; Zilingo '3 House QfCords: How Founders M'ismonoged It To The Ground, 11d.) Bose had a management style that hurt the company and alienated workers. Those who worked for Bose told the publication that she was a celebrity who travelled the world to speak at tech conferences and that her managerial style hurt the company and alienated staff. A lack of direction, poor decision-making, and a lack of responsibility can result from ineffective leadership within an organization. To address this, firms must have effective leaders who can inspire and motivate their staff. Moreover, these leaders must be held accountable for their activities and have the ability to make difficult decisions when necessary. Strong leaders are essential for inspiring and motivating staff. In addition, they must be accountable for their activities and capable of making difficult decisions when necessary. To guarantee that they have competent leaders in place, Zilingo should invest in leadership development and training programs