HBSP (USA)
-
NEC Electronics
Foley, C. Fritz; Greenwood, Robin; Quinn, JamesCase HBS-209001-EFinanceWhy do shares in NEC Electronics, a publicly listed subsidiary of Japan conglomerate NEC trade at a discount to their fundamental value? Can Perry Capital, a U.S. hedge fund, restructure this subsidiary and generate significant returns? This case provides students with an opportunity to analyze Perry's decision to invest in NEC Electronics. In doing so, it asks for the reasons that NEC might take actions that destroy value and shift value away fr...Starting at €8.20
-
Choosing a GAAP for Canada
Ramanna, Karthik; Cheng, BeitingCase HBS-110023-EAccounting and ControlExplores Canadian regulators' decision to adopt International Financial Reporting Standards (IFRS). The Canadian decision in 2005 to adopt IFRS is particularly interesting because Canada had well-developed domestic accounting standards and because a significant fraction of Canadian industry was lobbying for the adoption of U.S. Generally Accepted Accounting Principles (GAAP) and not IFRS. The case positions the student as an advisor to an importa...Starting at €8.20