Viacom, Inc.: Corporate Governance in a Controlled Company Case Solution & Answer

Viacom, Inc.: Corporate Governance in a Controlled Company Case Solution

This case is about  LEADERSHIP & MANAGING PEOPLE

PUBLICATION DATE: February 24, 2017

In 2016, the 92-year-old Redstone, dealing with a claim of psychological incompetency due to the fact that of his sophisticated age, stepped down from his function as managerial chair of the board. Viacom’s board of directors dealt with a claim from an investor declaring that a psychologically unskilled Redstone was playing a function on the board; an activist financier implicated the company of an absence of administration and bad management. The recently chosen lead private director required to resolve the board of directors’ function in this embattled company.

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