Tall poppy syndrome
So it is plain envy, the resentment of achievement and success, that takeover stories of troubled wine giant Southcorp appear in the press with frequency?
The Australians have a name for this sort of jealousy: "tall poppy syndrome". Stick out your head above the crowds and you get biffed.
Southcorp’ executives who put the blame for all their woes on mean instincts delude themselves or paint a false picture of Southcorp’s situation.
Actually, the latter they seem to have done for some time. In February 2003, Australia’s corporate regulator alleged that the country’s biggest winemaker knew as early as April 2002 that the poor harvest in 2000 would affect profits in 2002
and 2003 but failed to fully inform its shareholders..
Select offer and read on
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