Baan Co. N.V. Case Solution
The threat was faced by Baan N.V. of being fired from AEX Index of Amsterdam stock exchange for blue chip stocks after its shareholder equity went down less than $10 million in the recent stage of a string of management and financial catastrophes.
The Amsterdam Exchange had allowed Baan four weeks to improve its balance sheet or face proceedings that could lead to the removal of shares. The recently appointed CEO had to determine as the company sought to rebuild itself following a devastating two years what equity financing strategy to pursue.
PUBLICATION DATE: November 13, 2000
This is just an excerpt. This case is about FINANCE & ACCOUNTING