Steinhoff Corporation
Prof. Cornelie Crous is a Lecturer at UFS Business School at the University of The Free State in Bloemfontein, South Africa. A Certified Professional Accountant by training, she researched the story of Steinhoff, a corporation that was engulfed in scandal in South Africa. The topic of the case is board governance. Faced with a dynamic, hard driving CEO who built this business entity through a series of unrelated acquisitions, could the board members have behaved differently ahead of the financial debacle that was end result of the acquisition spree? Visit casenet.ca from Acadia University for more decision focused video business case studies and to learn how you can use our cases in your classroom.
Interviewee
Cornelie Crous
Company
Industry
Business Activity
Steinhoff Corporation
Diversified
Holding Company
Headquarters
Stellenbosch, South Africa
Size
Large
Employees
More than 10000
Greater than $25 million
Yearly Revenue
Holding Company
Type of Entity
Subject
Accounting
Level of Difficulty
Medium
Teaching Objectives
Learning about questionable business practices
Keywords
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