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

Win an All-Expenses Paid Trip to NYC to Tour the Future of Travel

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

Uber Secures A Spot in United’s Mobile Apps in Business Travel Push
The Great American Road Trip Heads West This Summer
Let’s Stop Pretending It’s Bad to Bring Devices on Vacation
Business Travelers Are Equally Loyal to Hotel and Airline Points Programs