Quantcast
Transport Cruises

Carnival not cruising on corporate governance issues

Excerpt from Seeking Alpha

Jul 06, 2012 7:38 am

Skift Take

Carnival Corp. and CEO Micky Arison are feeling the heat on corporate governance issues in the wake Costa Concordia disaster and other missteps. However, the corporate governance problem isn’t exclusively Carnival’s — just look at the makeup of the Expedia and Orbitz boards.

— Dennis Schaal

Free Report: The Megatrends Defining Travel in 2015

The Costa Concordia reportedly failed to address many safety problems before its famous crash near the Italian island of Giglio. The recent news is another reminder that Carnival Corp. (CCL), which operated the scandal-tainted cruiser, has put its customers and investors at risk by continuing to have poor governance.

 

Read the Complete Story →

Tags:

Next Up

More on Skift

Daily Travel Startup Watch: ULocaliZ, Foodie&Tours and More
European Business Travelers Booked Flights Last-Minute More Than Americans During the Holidays
Priceline Kicks Off New Campaign With Pre-Game Super Bowl Ad
Megatrend For 2015: Natural Semantic Search Brings Quality Choices to Travelers