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| Topic: |
Business
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| Number of pages / Number of words: |
13 / 3404 |
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There is no consensus to explain this high rate of misstep, but there is plenty of opinion. Mounting heaps of theoretical literature and empirical evidence point out that corporate decisions are often implemented for wrong reasons and often without necessary critical information.
Today’s Due Diligence Does Not Work
Due diligence has long been used to help identify and reduce risks...
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Maybe the term “due diligence†should go away, but right now we don’t have a better one to describe the process as it should be done. The term suffers from a narrowed perception as a necessary evil that comes with mergers and acquisitions. More on expanding that thought later. Whatever inference one attaches to the term due diligence, data indicate it isn’t working very well...
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