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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

Additional Info
Teaching Note

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