Business leadership in crisis over cases of fraud and greed, conference hears

BUSINESS leadership today, particularly in the US, is in crisis, chairman of Bombardier Aerospace Shorts Sir George Quigley told the MBA Association of Ireland’s annual conference in Cork yesterday.

“People are shocked by the instances of fraud, greed, lack of transparency and aggressive accounting practices.

“There is a sharp reaction against the image of the CEO as star or supermodel, surrounded by geeks only too willing to pursue any goal that held out a promise of wealth,” he said.