Question
Read Case 3-10 on pages (147-153) of the text. Question 1. Describe the structural deficiencies existing in theHollingerorganization that provided the opportunity for the excesses
Read Case 3-10 on pages (147-153) of the text.
Question 1. Describe the structural deficiencies existing in theHollingerorganization that provided the opportunity for the excesses described in the case.
Question 2. What is your assessment of the actions of Conrad Black?
Now view the interview of Conrad Black by AdamBoultonwhich appears in the followingYoutubelink: https://www.youtube.com/watch?v=hBI35DMHjy4
After watching theYoutubevideo of Conrad Black and considering that Mr.Black is highly accomplished and is widely regarded as a world-class historian, has your assessment of Conrad Black changed.
Now view the first few minutes of the followingYoutubevideohttps://www.youtube.com/watch?v=4-9sk3XKtbMwhere Conrad Black describes the actions and motives of RichardBreedenwho headed the committee that described the activities ofHollingeras a "corporatekleptocracy." Also, look at the article "Connect the Dots: KPMG,Hollinger,Breeden"athttp://www.corporatecrimereporter.com/breeden013006.htm Does this provide an important perspective to understanding of the case? What is that perspective?
Conrad Black was accused of treating a public company as a private business. Donald Trump is quoted as saying "In retrospect, he (Black) probably shouldn't have gone public." "A public company is a different mindset. It's never easy for an individual entrepreneur who owns things because it is a whole different set of ideas."
How does this assessment, that Conrad Black's fundamental mistake was taking his business public, fundamentally state the main issue in this case? What is that issue?
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