Luckin Coffee Financial Fraud Case Analysis
نویسندگان
چکیده
In recent years, many Chinese companies have gone public in the United States, which has brought opportunities for their development and made these focus of regulatory agencies. Luckin Coffee only took more than one year from its establishment to listing, attracting attention. At beginning 2020, short selling report Muddy Water Company was released. April also admitted financial fraud. So far, been pulled down altar. This article first combs process Coffee, analyzes motivation fraud based on GONE theory, enlightenment case.
منابع مشابه
Financial Reporting Fraud Detection: An Analysis of Data Mining Algorithms
In the last decade, high profile financial frauds committed by large companies in both developed and developing countries were discovered and reported. This study compares the performance of five popular statistical and machine learning models in detecting financial statement fraud. The research objects are companies which experienced both fraudulent and non-fraudulent financial statements betw...
متن کاملFinancial fraud and health: the case of Spain.
OBJECTIVE To examine whether financial fraud is associated with poor health sleeping problems and poor quality of life. METHODS Pilot study (n=188) conducted in 2015-2016 in Madrid and León (Spain) by recruiting subjects affected by two types of fraud (preferred shares and foreign currency mortgages) using venue-based sampling. Information on the monetary value of each case of fraud; the date...
متن کاملFinancial fraud detection using vocal, linguistic and financial cues
a r t i c l e i n f o Corporate financial fraud has a severe negative impact on investors and the capital market in general. The current resources committed to financial fraud detection (FFD), however, are insufficient to identify all occurrences in a timely fashion. Methods for automating FFD have mainly relied on financial statistics, although some recent research has suggested that linguisti...
متن کاملIntelligent Financial Fraud Detection Practices: An Investigation
Financial fraud is an issue with far reaching consequences in the finance industry, government, corporate sectors, and for ordinary consumers. Increasing dependence on new technologies such as cloud and mobile computing in recent years has compounded the problem. Traditional methods of detection involve extensive use of auditing, where a trained individual manually observes reports or transacti...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Financial engineering and risk management
سال: 2023
ISSN: ['2523-2576']
DOI: https://doi.org/10.23977/ferm.2023.060716