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Semesa

Palencia, Luis ; Vázquez- Dodero, Juan Carlos

Reference: C-632-E
Year: 1992
Number of pages: 14
Geographic Setting: España
Publication Date: Oct 31, 1993
Fecha de edición: Jul 31, 2013
Source: IESE (España)
Type of Document: Case

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Description

A couple of decisions relating to the payment of a claim and the creation of a technical reserve at the end of the fiscal year show how a decentralized organization and the control system best suited to a particular business (insurance) and strategy may demand the intervention of top management to avoid forcing managers to act against their own legitimate interests.

Keywords

Motivation