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Monthly Archives: March 2016

Volkswagen: Poor culture meets high business risk

The dark but wise words of Winston Churchill remind us to ‘never let a good crisis go to waste’. Churchill’s quip has been referred to on numerous occasions in the wake of the global financial crisis, as both policymakers and market participants sought to learn the lessons that stemmed from poor governance and risk management practices at both the micro and the macro levels of the economy.

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