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  • June 1997
  • Case
  • HBS Case Collection

Olympic Financial Ltd.

By: Krishna G. Palepu and Sarayu Srinivasan
  • Format:Print
  • | Pages:37
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Abstract

Olympic Financial is a sub-prime lender in the auto financing industry. Several other financing companies have been wrought with accounting fraud and business mismanagement. Olympic's debt has been downgraded, and its stock has been denigrated although the company is operating normally. Olympic claims that it's being punished for industry problems. Analysts maintain that Olympic's accounting is off and that the business is mismanaged.

Keywords

Business or Company Management; Crime and Corruption; Valuation; Financial Reporting; Credit; Financial Services Industry

Citation

Palepu, Krishna G., and Sarayu Srinivasan. "Olympic Financial Ltd." Harvard Business School Case 197-081, June 1997.

About The Author

Krishna G. Palepu

Accounting and Management
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