Taoiseach says report into Toy Show The Musical reads “very poorly” for RTE

The transcript discusses the challenges faced by a company in launching new business ventures, such as the Toy Story musical. It highlights the lack of proper accounting and corporate governance procedures, with the board not being informed or approving the venture. The executive's failure in their duties is noted, and the need for the board to be more inquisitive is emphasized. The transcript concludes with expectations for Mr. Martin to review the report and for further hearings by the Iraqis committees.

What are the implications of not following proper accounting procedures in new business ventures?

What role does corporate governance play in the success of new business initiatives?

What might be the consequences of the board not being properly informed about the new venture?

How could the board have been more effective in overseeing the new venture?

What actions are expected from Mr. Martin after reading the report?