How much do chief executives know about company finances? We asked more than 300 CFOs to rate their boss's finance IQ.
How much does any CEO know about his company's finances? How much should he know?
Those are the central questions in the trials of several chief executives accused of masterminding their companies' massive accounting scandals. These CEOs claim they knew nothing of the financial machinations that rocked their companies. In each case, they insist, a manipulative and conniving CFO acted alone.
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