J-COM: Share-Trade Irregularities on The Day of IPO Harvard Case Solution & Analysis

December 8, 2005 was a very special day for J-Com Co., Ltd (in "J-Com"), as it was on the day when the company is listed on the Tokyo Stock Exchange («TSE»). However, when the order to sell more than 40 times the outstanding shares of the company has been placed on Mizuho Securities ("Mizuho Sec") exchange has been thrown into turmoil. Until the end of the day, Mizuho paragraph suffered losses of at least 27 billion after logging to sell one share for 610,000 which was accidentally introduced as 610,000 shares at 1 each. What steps should the President of J-Com, Yasuhiko Okamoto, take in the light of events? As TSE, Mizuho s and other brokerage react? The real essence of the case management decisions and the value of good leadership when something unexpected happens. "Hide
by Mitsuru Misawa Source: University of Hong Kong, 13 pages. Publication Date: June 5, 2008. Prod. #: HKU745-PDF-ENG

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