Blame the deluded board members for Carillion's collapse
Lessons must be learned from this corporate calamity; Carillion took too many risks with too much debtResponsibility for Carillion’s collapse lies in the boardroom. It is the job of the directors to manage risk and the eight pages of Carillion’s last annual report devoted to the subject clearly only scratched the surface.Chairman Philip Green should have spent less time wondering about the long-terms risks from Brexit and more time addressing the upfront and present dangers from cost
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