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最新個案
- A practical guide to SEC ï¬nancial reporting and disclosures for successful regulatory crowdfunding
- Quality shareholders versus transient investors: The alarming case of product recalls
- The Health Equity Accelerator at Boston Medical Center
- Monosha Biotech: Growth Challenges of a Social Enterprise Brand
- Assessing the Value of Unifying and De-duplicating Customer Data, Spreadsheet Supplement
- Building an AI First Snack Company: A Hands-on Generative AI Exercise, Data Supplement
- Building an AI First Snack Company: A Hands-on Generative AI Exercise
- Board Director Dilemmas: The Tradeoffs of Board Selection
- Barbie: Reviving a Cultural Icon at Mattel (Abridged)
- Happiness Capital: A Hundred-Year-Old Family Business's Quest to Create Happiness
Gold Star Properties: Financial Crisis
內容大綱
The managing director, the financial director, and the technical director of a large construction and property firm in Hong Kong are in disagreement. The firm is being squeezed and needs to free cash to pay maturing loans that the banks are calling in in response to the Asian financial crisis. The two senior officers, both from mainland China, agree on deferring payments to their major suppliers, whereas the technical officer, an expatriate from the United Kingdom, insists that the supplier contracts must be honored. Differing ideas regarding relationships and control are rooted in their different cultural traditions. The managing director and his financial director have to decide what to do.