This is depicted in a massive financial scandal involving Italy's largest food company as of 2004, Parmalat. With the disappearance of more than $10 billion in declared assets, the scandal is not only one of the largest in corporate history, but it also calls into question how accounting ...
* in USD Stakeholders The Parmalat scandal affected not only the decision makers but also internal and external stakeholders. The internal stakeholders include roughly 36,000 employees whose salaries depend on the success of Parmalat and the brands it parents. The aforementioned brands...
来自 EBSCO 喜欢 0 阅读量: 89 摘要: Focuses on Milan, Italy-based dairy products producer Parmalat SpA. Scandal involving the company; Divisions of the company; Products and services. 年份: 2004 收藏 引用 批量引用 报错 分享 全部来源 求助全文 EBSCO 相似文献...
A massive financial scandal involving Italy's largest food company, Parmalat, has underscored the fact that corporate fraud is not just an American problem. With the disappearance of more than $10 billion in declared assets, the scandal is not only one of the largest in corporate history, but...
This paper provides an overview of Section 404 and the associated US accounting rules with an international context in mind, particularly in light of the Parmalat scandal. Included in the paper is a discussion of the juxtaposition of, and the theme toward convergence in, Section 404, US ...
This paper examines the Parmalat case, with particular regard to the accounting and corporate governance issues which caused the scandal. The aim of the paper is to understand why the financial reporting system and the corporate governance system have failed in the Parmalat case. It describes the ...
It's being called Europe's Enron, and the fraud that felled the Italian dairy titan Parmalat Finanziaria SpA has tagged many of the same banks. Once again, Citigroup Inc. is being accused of engineering a ...
Finding that much of the squandered money came from bond investors and banks during the period 1990 and 2003; The amount of debt held by Parmalat when the fraud scandal broke last year; Foreign banks that were underwriters for the company's debt; Suggestion of collusion; Effort of Italian pro...
Parmalat Crisis: Who's who in the Parmalat scandal.
The labels are well known in Italy and beyond and very little revenue has been lost since the scandal began. Pre-tax earnings in the fourth quarter were 77 million euro, up from 38 million euro just a year earlier. That was when, on December 24, 2003, the company acknowledged a 4 ...