Thomas Cook: flightpath to failure
نویسندگان
چکیده
Theoretical basis To evaluate Thomas Cook’s financial condition, students deploy analysis techniques including comparative analysis. The role of reporting in impressions management is considered two respects: firstly, the use separately disclosed items by companies; and secondly, treatment goodwill on acquisition. Research methodology case draws a range public data from Annual Reports secondary sources Department Business Energy Industrial Strategy investigation into failure Cook. Case overview/synopsis Cook Group plc’s (Thomas Cook) was one oldest travel firms, yet its apparently sudden 23 September 2019 left 600,000 holidaymakers stranded sparked largest ever peacetime repatriation British citizens at cost £83m to Transport. Around 9,000 employees who had expected be paid 30 were unpaid.Could CEO Peter Frankhauser have addressed challenges faced more effectively during his tenure or company locked flightpath failure? highlights importance context when performing encourages posed current standards related accounting for corporate underlying performance. Complexity academic level This can used undergraduate issues courses/modules postgraduate level.
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ژورنال
عنوان ژورنال: The case journal
سال: 2022
ISSN: ['1544-9106']
DOI: https://doi.org/10.1108/tcj-06-2021-0080