IMD-3-2033 © 2008
Steger, Ulrich; Nedopil, Christoph
Markus Sailer was the candidate director for an Austrian bank; resting on the board of Hanoi Energy Technology. The business was a joint endeavor in between 3 partners: a Vietnamese mutual fund with strong federal government links; a Singaporean business bank and the Austrian bank with a concentration on sustainable financial investments. When the chairman of HET takes over more power and takes choices outside his authorities and outside the scope of the company, Markus ends up being progressively stressed.
He wishes to stop him; yet does not understand how precisely; in the certain political environment and unsure assistance from his fellow foreign directors. Knowing goals: Discuss corporate governance in a global setting and the possibilities to respond to autocratic and excessively effective chairmen and directors.
Subjects: Corporate governance; Board; Director; Nominee director; Conflict of interest; Conflict; Chairman; Power struggle; Joint venture; Sustainable investment; Sustainability; Developing countries; Politics
Settings: Vietnam; Austria; Energy; 30 employees; 2007-2008