Ivey Business School (Canada)
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Reike Technology: Revenue Recognition and Pay-When-Paid Clauses
Lixin Pan; Ying Yu; Lei LiCase IVEY-9B17B016-EAccounting and Control, StrategyIn December 2013, Reike Technology Co. Ltd. (Reike), a Chinese information technology and outsourcing company, faced an accounting revenue recognition problem. Reike had a well-deserved reputation in the software outsourcing industry, having built partnerships with Fortune 500 companies since the 1990s. However, in 2012, it collaborated on a project with a multinational software company that included a “pay-when-paid” clause in the contract. Acco...Starting at €8.20
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FOTILE: Building a Great Company Guided by Confucianism
Lei Li; Zhijing Zhu; Pingping FuCase IVEY-9B20M062-EStrategyIn early 2018, the chairman and chief executive officer of FOTILE, based in Ningbo, China, announced a change in the company’s mission statement from “Enable people to feel better about their homes” to “For the happiness of millions of families.” The prevStarting at €8.20