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Author: | Hooper, K. Kearins, K. |
Title: | The rise and fall of the judge and Renouf corporations: extravagant reporting and publicity |
Journal: | Accounting, Business and Financial History
1995 : SEP, VOL. 5:2, p. 187-210 |
Index terms: | REPORTING PUBLICITY COMPANIES |
Language: | eng |
Abstract: | In this paper, the authors examine the role of financial reporting in the rise and fall of Renouf Corporation and of Judge Corporation. These two New Zealand companies were nominated by The Wall Street Journal as the two worst performing shares on the Australiasian sharemarket of 1987. To explain the sudden rise and fall of the Renouf and Judge Corporations, the authors discuss some significant structural features of the 1980's share market. They seek to explain the conditions that made such a dramatic rise and fall possible. |
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