How toxic company culture is derailing billion-dollar M&As
Reputation always matters, but rarely more than in large M&A deals. With M&A worth $3 trillion a year across the US and Europe, even a small reputational issue can cost billions if it makes the difference between a deal taking place or being scuppered. Historically, reputational damage often revolved around accounting “irregularities.” Think Enron, Worldcom,…