“Larry, O Liquidador”: Um Caso De Ensino à Luz Do Filme ‘Com O Dinheiro Dos Outros’

Abstract

This teaching case, based on the movie 'Other people's money', deals with the decision of the shareholders of a traditional company facing the dilemma of selling their shares to a potential investor, and securing a financial resource, or trying to reinvigorate the business in a context of market decline. Since the buyer intends to close the company and sell its assets, the sale of the shares held by the employees and citizens of the city, the main shareholders, would represent the loss of jobs and important revenue for the public budget, but declining the takeover offer could mean much greater losses for all. How should shareholders, particularly those groups most closely linked to the company, respond to the offer? The situation disposes the conflict between corporate governance issues of a company that produces wires and cables in a small town in the interior of the United States.