The time coincided with the expiry of put options awarded by Ansteel as part of a restructuring to minority stockholders. Was Pangang controlling its earnings to affect stock prices? Was there adequate evidence report in the instance to the Chinese securities regulators or to expose the fraudulent scheme to the people?
Learning Objective: This case is acceptable for MBA program or an undergraduate business in a number of circumstances, including an an advanced or introductory course on valuation, corporate finance, securities markets, international business, or bookkeeping. After completion of the case, pupils should have the ability to:
Analyze a case of potential stock price exploitation and detect how it's been perpetrated.
Stock Manipulation by China's Pangang Group case study solution
Determine what to do in an ethical scenario where there's the possibility of corporate wrongdoing.
Explore the incentives of the impact on minority shareholders and controlling stockholders.
Understand the institutional features of equity markets in mainland China.
Publication Date: 02/22/2016
This is just an excerpt. This case is about Finance
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