Viacom, Inc.: Corporate Governance in a Controlled Company Case Solution
In 2016, the 92-year-old Redstone, dealing with a claim of psychological incompetency due to the fact that of his sophisticated age, stepped down from his function as corporate chair of the board. Viacom's board of directors dealt with a claim from an investor declaring that a psychologically inept Redstone was playing a function on the board; an activist financier implicated the company of an absence of control and bad management. The freshly chosen lead individual director required to attend to the board of directors' function in this embattled company.
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
PUBLICATION DATE: February 24, 2017