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About Parmalat Dissertation '10
The document provides background on the collapse of Parmalat, once Italy's largest dairy company. It summarizes Parmalat's expansion through acquisitions in the late 1990s and 2000s, which helped conceal issues with its financial reporting. In late 2002, Parmalat admitted it had overstated assets by billions of euros. The document examines Parmalat's complex corporate structure controlled by the Tanzi family, which exploited the company rather than overseeing managers. It also analyzes the role of gatekeepers like auditors, rating agencies, and regulators who failed to prevent the fraud. The thesis is that Parmalat's collapse was due more to flaws in Italy's corporate governance system as a whole rather than short
Detailed Information
| Author: | ['Matteo Esq-Crr'] |
|---|---|
| Publication Year: | 2016 |
| Pages: | 46 |
| Language: | English |
| Format: | |
| Price: | FREE |
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