The case describes how a very large intra-corporate debt was built up among the public and private sector energy and power generation businesses that were some of the nation's biggest organizations, in Pakistan. An unexpected slowdown in recovery of bills created the Pakistani market as a whole, as well as a debt that changed corporate business operations. The energy and electricity sectors are discussed, as are the reasons for this particular debt that was circular.
Pak Arab Refinery Limited (PARCO) Management of Circular Debt Case Study Solution
The Pakistani government was greatly involved in regulating the energy and power sectors; in 2008, to react to high oil prices as a subsidy was provided to keep the price of diesel low. On solving the really large levels of debt that had collected in various energy businesses, which remaioned the focus of this case. A secondary analysis can explore the effect of regulation on the operations of oil companies.
PUBLICATION DATE: July 05, 2011 PRODUCT #: W11285-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING