Corporate Kleptocracy

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Dictionary Says

Definition of 'Corporate Kleptocracy'

Buzzword that describes the greed of corporate executives who use underhanded tactics to siphon off wealth at the expense of shareholders. This buzzword is attributed to how ex-Hollinger CEO, Conrad Black, and his fellow associates allegedly embezzled hundreds of millions of dollars over a seven-year period from Hollinger.
Investopedia Says

Investopedia explains 'Corporate Kleptocracy'

Black's  misuse of company funds was quite blatant. In fact, it was reported that Black and his wife lived a very extravagant lifestyle with company money. For example, reports indicated that Black used $1.4 million of Hollinger funds to pay for his personal butlers, maids and chefs.
Search results for

'Corporate Kleptocracy'

  • To whom was the term "corporate kleptocracy" first applied?

    http://www.investopedia.com/ask/answers/09/corporate-kleptocracy-conrad-black-hollinger.asp
    The term "corporate kleptocracy" is believed to have originated in a 2004 report
    by the Special Committee of the Board of Directors of Hollinger. ...

  • Corporate Kleptocracy At RJR Nabisco

    http://www.investopedia.com/articles/stocks/09/corporate-kleptocracy-rjr-nabisco.asp
    Corporate Kleptocracy At RJR Nabisco. ... In this article, we'll look back at a prime
    example of corporate kleptocracy – the case of RJR Nabisco. ...

  • Whom Should Corporations Please?

    http://www.investopedia.com/articles/basics/08/corporate-priorities.asp
    ... Look at the automakers that have begged for bailouts or the "corporate kleptocracy"
    of former news magnate Conrad Black and the bleak outlook becomes clear. ...

  • Dresser Rand Analyst Day Review

    http://stocks.investopedia.com/stock-analysis/2010/Dresser-Rand-Analyst-Day-Review-DRC1117.aspx
    ... end of 2004. (Also, take a look at one of the most famous LBO's in history
    in Corporate Kleptocracy At RJR Nabisco.). Since that ...

  • Are Investors Too Concerned With Dilution?

    http://stocks.investopedia.com/stock-analysis/2009/Are-Investors-Too-Concerned-With-Dilution-EK-PALM0921.aspx
    ... Kodak stock. (Read about KKR's historic leveraged buyout of RJR Nabisco in
    our article Corporate Kleptocracy At RJR Nabisco.). Kodak ...

  • Pages From The Bad CEO Playbook

    http://www.investopedia.com/articles/stocks/08/costs-bad-ceo.asp
    ... Interesting Conflicts of Interest Aside from outright corporate kleptocracy,
    conflicts of interest can cost investors in subtle ways. ...

  • Why Buffett Is Right To Avoid Buying Private-Equity-Owned ...

    http://stocks.investopedia.com/stock-analysis/2010/Why-Buffett-Is-Right-To-Avoid-Buying-Private-Equity-Owned-Businesses-BX-OWW-CE-ANR1115.aspx
    ... companies. They have greed written all over them. (For related reading on
    LBOs, check out Corporate Kleptocracy At RJR Nabisco.). Use ...

  • A Primer On Private Equity

    http://www.investopedia.com/articles/financial-theory/11/private-equity-primer.asp
    ... (Learn more about KKR's famous buyout in Corporate Kleptocracy At RJR Nabisco.)
    Private Equity Investments and How They Create Value Private equity investment ...

  • Retirement Frequently Asked Questions | Investopedia

    http://www.investopedia.com/ask/retirement
    ... To whom was the term "corporate kleptocracy" first applied? View Answer; I work
    for two companies. How much can I contribute to each company's SIMPLE IRA? ...

  • Retirement Frequently Asked Questions | Investopedia

    http://www.investopedia.com/ask/retirement/
    ... To whom was the term "corporate kleptocracy" first applied? View Answer; I work
    for two companies. How much can I contribute to each company's SIMPLE IRA? ...

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