Steinhoff fine: punishing the wrong people

Steinhoff misrepresented its accounts by literally billions of Euros. It was a scandal that rocked the market when it was uncovered in 2017, putting the Christo Wiese empire into a tailspin and sending shockwaves through the accounting profession. Sentiment of entrepreneurs towards listed companies turned sour. If they couldn’t trust the Steinhoff financials, why should they trust the financials of …

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Kordon

Creative Agency

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