Discuss in detail the reasons of major collapses

Reference no: EM131623745

Australia's Major Collapses

In the following statement we will discuss in detail the reason's of major collapses of these three companies:

ABC learning

One tell Telecommunication Company

HIH Insurance Company

The gist of the failure of these companies is unauthorized and unsupervised delegation of authority, false disclosure of reports, poor management, fraud, selfishness, manipulating stock market, poor growth or expansion strategy, excessive debts and many more which we will discuss in detail.

Reference no: EM131623745

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