The Lending Club removed CEO Renaud Laplanche in 2016. Hans…
The Lending Club removed CEO Renaud Laplanche in 2016. Hans Morris, the company executive chairperson, lauded him, saying his entrepreneurial spirit was critical to the success of the firm. But he also signaled the board was removing Mr. Laplanche because he had failed to build a strong control system and culture, stating that as a public company that provides a financial service, Lending Club must meet the industry high standards of transparency and disclosure. This kind of dismissal signals what message to the public?
Read DetailsStudies conducted on 607 top managers in manufacturing compa…
Studies conducted on 607 top managers in manufacturing companies in China, concluded that entrepreneurial businesses operating in transition economies such as China can achieve the best performance when engaging in ________ activities inside and outside the firm.
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