Stock Manipulation by China's Pangang Group - Teaching Note |
作者姓名:Xin Chen; Michael R. King; |
| 商品編號:8B16N007 |
出版日期:2016/02/22 | 內容長度:15 頁 |
Teaching Note for product 9B16N007.
|
Stock Manipulation by China's Pangang Group |
作者姓名:Xin Chen; Michael R. King; |
商品類型:Case (Field) | 商品編號:9B16N007 |
出版日期:2016/02/22 | 內容長度:17 頁 |
In April 2011, a university professor of accounting and finance was examining the financial statements of Pangang Group Steel Vanadium & Titanium Company (Pangang), a leading Chinese steel manufacturer listed on the Shenzhen Stock Exchange. Pangang had a dramatic turnaround in its reported net income in 2010 with its share price rising over 60 per cent in a six-month period. The professor suspected that the controlling shareholder of Pangang — .....more
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