This case is about CORPORATE GOVERNANCE, DECISION MAKING, FINANCIAL MARKETS
PUBLICATION DATE: November 18, 2003
Internal Governance and Control at Goldman Sachs: Block Trading Case Solution
This case talks about the decision making and supervision procedures that are used to arrive at a price that’s proper for Goldman Sachs and its client along with the issue of pricing a block trade.
Asks pupils in homework questions to chart the conclusion and management processes used in this core activity and to reflect on whether these procedures are scalable and sustainable as Goldman Sachs grows from 5,000 employees to 20,000 workers within a 5-year interval. Goldman Sachs’ decision and management procedures are based, at root, on faith, so the question becomes whether and how a culture based on confidence is scalable.