MG Corp, the U.S. subsidiary of an international conglomerate, Germany, Metallgesellschaft, dealing a disastrous hedging strategy that almost dragged the entire enterprise into bankruptcy. This case explores the issues of responsibility and accountability between the board. However, he stresses the German two-tier board system of governance. "Hide
by Jay W. Lorsch, Samantha K. Graff Source: Harvard Business School 14 pages. Publication Date: April 14, 1995. Prod. #: 495055-PDF-ENG
