ABSTRACT
As the big economies of the world are collapsing today owing to wrong financial indices hatched and produced over a period of time by corporate entities, we have taken time to study the causes and dynamics of the failures of these great companies, and the measures being put in place to forestall future occurrences. We have come to terms that as wealth is being transferred from these failed economies to growing economies, it is pertinent to pay heed to the reasons for their failures and the measures being advanced to arrest future occurrences, in order to avoid being caught in the same web that engulfed these great economies.
