Lehman on the brink of bankruptcy: A case about aggressive application of accounting standards
In September 2008, Lehman became the largest company in U.S. history to file for bankruptcy. Nine months earlier, Lehman had reported record revenue and earnings for 2007, and had started the year with a market capitalization of over $30 billion. Lehman's precipitous fall has been attributed to...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
American Accounting Association
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/55032 |