4 ms·
Do you mean fail as in become socially and perhaps politically unacceptable ways of doing business?
by dpflan 9y ago
Do you mean fail as in become socially and perhaps politically unacceptable ways of doing business?
- ggg9990 9y agoNo, I mean being outcompete by other businesses, in China and locally.
- lawnchair_larry 9y agoI think you have it backwards. CEOs can cook the books far easier if they are not a public company. Meanwhile, in China: https://www.reuters.com/article/us-china-anbang-regulation/china-seizes-control-of-anbang-insurance-as-chairman-prosecuted-idUSKCN1G7076 https://www.reuters.com/article/us-china-anbang-regulation/c... The reason that companies are not going public as quickly is because they aren’t making money, not because they are making too much money.