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City Developments Limited’s Internationalization: Chinese Property Troubles Hit the Third Generation - Teaching Note
Marleen DielemanTeaching Note IVEY-W27233-EAccounting and ControlTeaching note for product W27232.Starting at €0.00
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City Developments Limited’s Internationalization: Chinese Property Troubles Hit the Third Generation
Marleen DielemanCase IVEY-W27232-EAccounting and ControlThe case describes the family tensions and corporate crisis at City Developments Limited (CDL), a large and well-reputed Singaporean property firm that was the flagship company of a larger family-controlled business group. The gradual transition to the third-generation leader was marked by an aggressive growth strategy in China, which unravelled when the Chinese property sector experienced headwinds and CDL’s Chinese joint venture partner experie...Starting at €8.20