Three-Year Planning at Li & Fung Limited
Citation:
Healy, Paul M. "Three-Year Planning at Li & Fung Limited." Harvard Business School Teaching Note 116-057, April 2016. View Details|
Case HBS Case Collection May 2014 (Revised April 2016) Three-Year Planning at Li & Fung Limited |
Abstract
Having been able to follow its own "three-year plan" on course constantly, Li & Fung Limited fell short of meeting its stretch earnings target for the first time in almost two decades, leading to a double-digit drop in stock price overnight. Questions were raised on the company's strategies pursued to meet such targets, and on the validity of its Three-Year Planning process.
Keywords: Li ＆ Fung; financial reporting; financial planning; Accounting; Financial Reporting; Distribution Industry; Service Industry; Hong Kong; China;
Citation:
Healy, Paul M., and Keith Chi-ho Wong. "Three-Year Planning at Li & Fung Limited." Harvard Business School Case 114-098, May 2014. (Revised April 2016.)
