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Treasurer vs. CFO: Vivendi's liquidity disaster
Author(s) -
Le Guyader Louis P.
Publication year - 2010
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.20574
Subject(s) - commission , market liquidity , business , accounting , management , economics , finance
What happens when the CFO and the treasurer clash over liquidity management and reporting? For the French company Vivendi, it caused them to run afoul of the Securities and Exchange Commission! The author explains what happened so other firms can avoid similar tragedies. © 2010 Wiley Periodicals, Inc.