The Lucent Accounting Scandal Abstract The case discusses the accounting frauds committed at the US-based telecommunications giant‚ Lucent Technologies Inc. (Lucent) during early 2000. It provides an insight into the ways by which the financial statements were manipulated at Lucent. It examines the loopholes in the financial management of the company and the price it had to pay for circumventing the provisions of law. The case examines the allegations against Lucent and its officers with reference
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UV0085 Version 2.2 CHRYSLER CORPORATION: NEGOTIATIONS BETWEEN DAIMLER AND CHRYSLER In January 1998‚ Jürgen Schrempp‚ CEO of Daimler-Benz A.G.‚ approached Chrysler Corporation’s chair and chief executive officer (CEO)‚ Robert Eaton‚ about a possible merger‚ acquisition‚ or deep strategic alliance between their two firms. As Schrempp argued: The two companies are a perfect fit of two leaders in their respective markets. Both companies have dedicated and skilled work forces and successful products‚ but
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As a member of the Newell Board‚ evaluate the proposed merger with Rubbermaid. How would you vote? I would vote against the propose merger with Rubbermaid for the following reasons: 1. Difficulty in the “newellization” of Rubbermaid • One of the key factors to successful acqusition is the execution of the integration process. • “Newellization” is defined as an “enhancement process employed to bring a newly acquired business up to Newell’s high standards of productivity and profit.” Part of
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documentary called “lucent” “that’s” (L.U.C.E.N.T) it is an Australian made film‚ written and directed by Chris Delforce. It follows the story of an Australian pig farming industry and how they operate‚(slight pause) and the process that’s required in order to make‚ what everyone knows as “bacon”; Chris Delforce has created this film “lucent” in order for him to catcher “as he claims “the highlights of the day to day cruelty that has been accepted by the industry as a standard practice. “Lucent” is a Latin
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The case discusses the acquisition of US-Canadian aluminum company Novelis by India-based Hindalco Industries Limited (Hindalco)‚ a part of Aditya Vikram Birla Group of Companies‚ in May 2007. The case explains the acquisition deal in detail and highlights the benefits of the deal for both the companies. It also examines the valuation of the acquisition deal and how the deal was financed. The case concludes by describing the challenges that Hindalco would face in integrating the operations of
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I. EXECUTIVE SUMMARY Alcatel One Touch designs‚ manufactures‚ and markets globally an expanding portfolio of mobile and Internet products designed to be as individual as the people who use them. Currently the fastest growing of the world’s top ten mobile phone manufacturers‚ ALCATEL ONE TOUCH makes access to today’s mobile lifestyle simple by offering colourful‚ easy-to-use devices equipped with the technology people need most at smart prices they can afford. Alcatel One Touch is a brand for
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Executive Summary This memorandum is intended to communicate the deferred tax issues of Lucent Technologies Inc. on the basis of analysis of the veracity of the situation according to the reporting framework’s guidelines to anticipate unfavorable implications that had been resulted due to poor performance of the company over the past years. The Financial Accounting Standards Board (FASB) is the recognized body for making pronouncements as Generally Accepted Accounting Principles (GAAPs) in the
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had explored the market in synthetic fibre manufacture by take-over. In 1988‚ Alpha Plastics involved in merger with the Colmar Chemical Company‚ which is a slightly larger organisation with 8‚500 employees and located near Stockport. Colmar produces a variety of industrial chemicals besides plastic and specialises in the production of synthetic fibres. Alpha Plastics believed that the merger would allow taking advantage of Colmar’s Research and Development facilities as well as its marketing organisations
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Motives and Effects of Mergers and Acquisitions by JUANJUAN WANG September 2007 A dissertation presented in part consideration for the degree of MA in Finance and Investment Acknowledgements I would like to take this opportunity to express my sincere appreciation to all those people who helped me complete this dissertation. Firstly‚ I do appreciate my supervisor Ms. Lynda Taylor’s assistance. She gave me valuable feedback and guidance throughout this dissertation. In addition‚ I
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Case solution: Ethical Dilemma What course themes do you see present in the case? Experimental exercise Who Can Catch a Liar is about emotional intelligence and its effect on the productivity of the workers at workplace. Human have inherited the ability to respond various stimulus differently. Being differs from each other in terms of their personality‚ behavior‚ needs‚ wants‚ demands and expressing their emotions at different situation. Emotional intelligence is the ability of the person to know
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