Publications
Publications
- August 2023 (Revised November 2023)
- HBS Case Collection
Accounting Outages at Plug Power? (A)
By: Jonas Heese, Joseph Pacelli and James Barnett
Abstract
Set immediately after a December 2019 short-seller attack, the case explores Plug Power’s long challenging history. It then focuses on two key issues raised in the short-seller report related to lease accounting and stock warrants that Plug purportedly used to boost profits.
Keywords
Accounting; Environmental Accounting; Financial Reporting; Ethics; Management; Social Enterprise; Investment; Stocks; Energy Industry; Green Technology Industry; United States; Europe
Citation
Heese, Jonas, Joseph Pacelli, and James Barnett. "Accounting Outages at Plug Power? (A)." Harvard Business School Case 124-009, August 2023. (Revised November 2023.)