Search results
-
Infrastructure Leasing and Financial Services Ltd.: Corporate Governance Failure - Teaching Note
S Ramanna Vishwanath; Kulbir Singh; Durga Prasad; Jaskiran AroraTeaching Note IVEY-8B20N013-EFinanceTeaching note for product 9B20N013.Starting at €0.00
-
Kingfisher Airlines Ltd.: Debt Restructuring
Durga Prasad; Kulbir Singh; S.R. VishwanathCase IVEY-9B15N007-EFinance, StrategyKingfisher Airlines, a leading airline company in India, had incurred substantial losses and its net worth had been eroded. This news was widely covered by Indian and international press. Analysts and media were of the opinion that Kingfisher needed equity infusion to steer it through the distress. Because of its financial difficulties, the company’s stock was trading at near historic lows and its equity value was, in fact, negative. Yet company ...Starting at €8.20
-
Ashar Group: Brokers and Co-opetition in the Life Settlement Industry
Braun, Alexander; Cohen, Lauren H.; Malloy, Christopher J.; Xu, JiahuaCase HBS-218109-EFinanceConnecting life insurance policyholders with potential investors (called Life Settlement Providers), Ashar Group plays a pivotal role in the industry. Its current position is however increasingly being challenged by consumer-direct models, led by major providers seeking to shortcut brokers. Ashar faces a strategic dilemma in cooperating --- but also competing --- with these providers. Maintaining a mutually beneficial dynamic with policyholders, ...Starting at €8.20
-
Introduction to Life Settlements
Braun, Alexander; Cohen, Lauren H.; Malloy, Christopher J.; Xu, JiahuaCase HBS-218127-EFinanceLife insurance is an asset owned by the majority of American adults (61%). Note that this 61% penetration rate is essentially at parity with home ownership (64%), and higher than that of 401(k) retirement account ownership (53%). Life settlements, or life insurance settlements, allow individuals to sell their life insurance policy in a secondary market. A life insurance policy is a tradable asset, for many individuals possibly the most valuable o...Starting at €8.20
-
Infrastructure Leasing and Financial Services Ltd.: Corporate Governance Failure
S Ramanna Vishwanath; Kulbir Singh; Durga Prasad; Jaskiran AroraCase IVEY-9B20N013-EFinanceIn June 2018, Infrastructure Leasing and Financial Services, Ltd., one of the largest infrastructure and financial services companies in India, shocked the investment community by defaulting on several debt repayments. Its previously highly-rated debt instruments were downgraded, triggering fears of a market liquidity crisis. In an attempt to defuse the crisis, the Government of India appointed an interim board of directors comprised of industry ...Starting at €8.20
-
Dividend Policy at SRF Limited: Buyback of Shares
Kulbir Singh; David J. Sharp; S Ramanna VishwanathCase IVEY-9B17N012-EFinanceIn April 2012, a chartered accountant and financial analyst for the manufacturing firm SRF Limited was asked by her chief financial officer to analyze the company’s cash dividend and share repurchase policy and provide recommendations for the next 12 to 24 months. SRF Limited was a ?38 billion multi-business entity. Having completed its third round of share buyback at ?380 per share, SRF Limited paid an interim and consistent dividend of ?7 per s...Starting at €8.20
-
Ashar Group: Brokers and Co-opetition in the Life Settlement Industry, Teaching Note
Braun, Alexander; Cohen, Lauren H.; Malloy, Christopher J.; Xu, JiahuaTeaching Note HBS-218128-EFinanceTeaching note for case 218109.Starting at €0.00