Nine Dragons Paper (PDP) is the largest producer of cardboard in China and one of the largest in the world. Under the leadership of Ms. Cheung, CEO, chairman and founder, she has successfully grown over the top of the industry to "grow at all costs" strategy. But in the spring of 2009, increasing the debt of the company, combined with the reduction of the fields to send the company's stock price tumbling. On the market are increasingly concerned that the strategies Ms. Cheung had put the company at risk. "Hide
by Michael Moffett, Brenda Adelson Source: Thunderbird School of Global Management 12 pages. Publication Date: November 16, 2010. Prod. #: TB0229-PDF-ENG