|
Author(s): |
Kuang-Tai Liu, Dept. Of Industrial Management, Chunag Hwa Univ., Assistant Professor, Hsing-Chu, Chinese Taipei, 30012
Bor-Rong Hwang, Dept. Of Industrial Management, Chunag Hwa Univ., Student, Hsing-Chu, Chinese Taipei, 30012
Mei-Yi Chiang, Dept. Of Industrial Management, Chunag Hwa Univ., Student, Hsing-Chu, Chinese Taipei, 30012 |
|
Abstract: |
Enron, American Energy Company, was one of the world's leading electricity, natural gas, and communications firm that was revealed its financial condition was sustained by manipulated, systematic, and creatively intended accounting fraud, known "Enron scandal". Bernard Madoff, a former non-executive chairman of the NASDAQ stock market, pleaded guilty of a Ponzi scheme that is considered to be the largest financial fraud in U.S.Furthermore, Livedoor, an internet service provider inJapan, admitted securities fraud including window dressing and share-price manipulated misstatements on a public company's financial reports. This research explores how commercial bank inTaiwanevaluated loan default factors from non-financial perspective not by financial statement to examine loan default.
|