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Title: Digging for Disclosure
Subtitle: Tactics for Protecting Your Firm's Assets from Swindlers, Scammers and Imposters
Author: Kenneth S. Springer
Narrator: Ken Kliban, Joelle Scott
Format: Unabridged
Length: 5 hrs and 20 mins
Language: English
Release date: 12-28-10
Publisher: Audible Studios
Ratings: 4 of 5 out of 3 votes
Genres: Business, Management
Publisher's Summary:
The indispensable due diligence guide: how to protect yourself from corporate crime or fraud in any major investment, acquisition, merger, or deal! Top investigators reveal how to think like a swindler uncover hidden assets and a borrowers true finances perform international or corporate background checks gain powerful competitive intelligence and more!
Members Reviews:
A must read for any business owner or investor
As a business owner, this book completely opened my eyes to the importance of background checking and due diligence prior to making any key hires or investment decisions. The book is topical, easy to read and filled with dramatic examples and resource information.
As shown in the book, many times we make business decisions based on gut feels and misplaced trust. Those times when we decide to take the next step, it is usually done with a quick google search or reference call. The authors give numerous examples when such perfunctory checks fail to uncover pertinent "deal breaking" facts. It takes a lot more digging to ensure that you are protected and the book details how this is accomplished.
I highly recommend reading this book if you own your own business, are planning to buy another business or have any inclination to invest money with a third party.
An Excellent Company
This is an interesting read with a sad commentary on the lack of ethics and integrity overwhelming our society. Company's Corporate Resolutions is filling a very demonstrative need in sniffing out issues.
Five Stars
THANKS
Really Interesting Book For Corporate and Financial Decision Makers
Digging for Disclosure: Tactics for Protecting Your Firm's Assets From Swindlers, Scammers and Imposters. The target audience for this book are those who are in a position to hire key personnel - CEOs, CFOs, as well as high-net worth investors who are considering signing off on a deal to buy an existing business or invest money into someone else's business.
The book is written in a non-threatening style - you don't need an MBA to decipher the information. If you're going to hire someone to run your company, especially one publicly held, it's your responsibility to know who you're hiring.
The authors tell you where to find background information on potential employees,
investors and corporations. Also, they explain why a basic internet search, even a paid one, isn't good enough, because not every criminal conviction or proceeding ends up being properly recorded in computer databases. A good part of the prescreening process includes good old-fashioned footwork - either doing the work yourself or hiring a professional to slog through real-life paperwork in courthouses
A few ideas offered are really interesting and different - including the suggestion to implement a whistleblower hotline for existing businesses, encouraging employees to anonymously report problems.
The authors explain in very clear terms (with real-life examples offered) why a criminal history does matter, even completely unrelated convictions for family problems. A tumultuous home life hints at potential problems in the workplace when you're dealing with hiring at the top level in a corporation. Also, a potential investor who lies about their personal history can also be bad news for a company.