Author Profile
Schill, Michael J.
An Introduction to Project Finance: The Partitioning of Cash Flow
Harris, Robert S. Schill, Michael J.
F-2106 | Published May 27, 2025 | 5 pages Technical Note
Collection: Darden School of Business
A standard approach to business valuation is to value the total cash flows that the business is expected to provide to all investors, but when the implications of financing decisions take center stage... Read More
Management of Financial Policy Decisions: Capital Structure Policy (SPANISH)
F-2111 | Published April 10, 2025 | 18 pages Technical Note
Collection: Darden School of Business
This is a Spanish translation of the April 4, 2016 version of UVA-F-1743. This technical note provides an overview of capital structure policy. Through a series of hypothetical situations and real-wor... Read More
Common Wealth Crush: Financing a Vision
Schill, Michael J. Ibiloye, Fehintoluwa
F-2090 | Published October 21, 2024 | 11 pages Case
Collection: Darden School of Business
This case examines the financing decisions and valuation of a start-up venture, Common Wealth Crush Co. (CWC), that seeks to support wine production in central Virginia by centralizing processing faci... Read More
Bond Prices and Interest-Rate Risk
Tomio, Davide Schill, Michael J.
F-2075 | Published May 21, 2024 | 10 pages Technical Note
Collection: Darden School of Business
In this note, we cover how bond prices change as yields change. Students are shown that the price of a bond is a function of its promised payments and the prevailing required rate of return by investo... Read More
An Introduction to Equity Residual Cash Flow
F-2070 | Published May 01, 2024 | 9 pages Technical Note
Collection: Darden School of Business
This technical note introduces the concept of equity cash flow or equity residual cash flow. The note provides an explicit comparison between free cash flow and equity residual cash flow in the contex... Read More
Finance People
F-2023 | Published October 11, 2023 | 346 pages Book
Collection: Darden School of Business
Finance People is designed to give new finance students and practitioners a firm footing in the foundational concepts of finance. With straightforward language and vocabulary definitions, practical ea... Read More
Bizzy Coffee
F-2047 | Published August 15, 2023 | 14 pages Case
Collection: Darden School of Business
This case explores the common cash-flow challenges that start-up businesses face as they straddle the conflicting objectives of business growth and cash preservation. In August 2022, Alex French, the ... Read More
Shamrock Capital: Pricing the Masters of Taylor Swift
Schill, Michael J. Schofield, Kelcie
F-2050 | Published July 28, 2023 | 21 pages Case
Collection: Darden School of Business
This case examines a 2020 pricing decision for the master recordings of Taylor Swift’s first six albums in consideration of a sale of the recordings by music executive Scooter Braun to Shamrock Capita... Read More
Euroland Foods 2024
Schill, Michael J. Bruner, Robert F. Opitz, Casey S.
F-2016 | Published May 18, 2022 | 12 pages Case
Collection: Darden School of Business
Facing strong pressure from investors to improve financial performance and preserve capital, senior management at Euroland Foods must select which projects to fund across a slate of major investment p... Read More
LVMH: The Tiffany Acquisition
Schill, Michael J. Saine, Caroline
F-2013 | Published April 22, 2022 | 27 pages Case
Collection: Darden School of Business
This case set considers the acquisition of American jewelry icon Tiffany & Co. (Tiffany) by French luxury goods manufacturer LVMH Moët Hennessy Louis Vuitton (LVMH). While this case can effectively be... Read More
Tiffany & Co.: The LVMH Proposal and LVMH: The Tiffany Acquisition -- Merger Negotiation Application (SIMULATION)
F-2015 | Published April 22, 2022 | 1 pages Case
Collection: Darden School of Business
The cases “Tiffany & Co.: The LVMH Proposal” (UVA-F-2012) and “LVMH: The Tiffany Acquisition” (UVA-F-2013) serve as two sides of a merger negotiation exercise set in October 2019. Students are asked... Read More
Tiffany & Co.: The LVMH Proposal
Schill, Michael J. Saine, Caroline
F-2012 | Published April 22, 2022 | 26 pages Case
Collection: Darden School of Business
This case set considers the acquisition of American jewelry icon Tiffany & Co. (Tiffany) by French luxury goods manufacturer LVMH Moët Hennessy Louis Vuitton (LVMH). While this case can effectively be... Read More
Carly's Car Clinic
F-2007 | Published February 03, 2022 | 3 pages Case
Collection: Darden School of Business
This short fictional case considers an investment decision in a new business concept, Carly’s Car Clinic. The investment choice entails two similar stores with correlated outcomes and an option to seq... Read More
Britannia Chemicals PLC (B): The Merseyside and Antwerp Projects
Schill, Michael J. Bruner, Robert F. McTigue, Frank H.
F-1976 | Published June 21, 2021 | 11 pages Case
Collection: Darden School of Business
Britannia Chemicals was under pressure from investors to improve its financial performance because of the accumulation of the firm’s common shares by a well-known corporate raider. Earnings had fallen... Read More
Britannia Chemicals PLC (A): The Merseyside Project
Bruner, Robert F. Schill, Michael J.
F-1906 | Published February 16, 2021 | 8 pages Case
Collection: Darden School of Business
Britannia Chemicals was under pressure from investors to improve its financial performance because of the accumulation of the firm’s common shares by a well-known corporate raider. Earnings had fallen... Read More
Understanding Risk: Systemic versus Idiosyncratic
F-1973 | Published January 21, 2021 | 8 pages Technical Note
Collection: Darden School of Business
Using the fictional situation of two brothers facing the challenge of managing a commodity business in central Africa, this note explores different metrics for risk and related considerations for inve... Read More
Calabash Community Hospital
F-1946 | Published April 15, 2020 | 6 pages Case
Collection: Darden School of Business
This case considers a $10 million investment in an outpatient surgery center by a not-for-profit community hospital in rural South Carolina. A member of the purchasing department, R. D. Scott, is inv... Read More
Nelson Nurseries
F-1944 | Published March 27, 2020 | 4 pages Case
Collection: Darden School of Business
This case captures the problems concerning cash flow and working-capital management typical of small, growing businesses. At the end of 2020, Roger and Christine Barton have completed their third year... Read More
The Profitability Index
F-1945 | Published March 26, 2020 | 2 pages Technical Note
Collection: Darden School of Business
The well-known net present value (NPV) rule advocates accepting all investment projects that have a positive NPV. The NPV rule makes economic sense since positive-NPV projects are expected to create e... Read More
Trade Credit
F-1941 | Published March 26, 2020 | 8 pages Technical Note
Collection: Darden School of Business
When businesses deliver a product or service, they often forgo receiving immediate cash payment and allow their customers to pay later. Such payment terms are called trade credit. While trade credit f... Read More
Bob's Baloney
F-1942 | Published March 18, 2020 | 6 pages Case
Collection: Darden School of Business
This case examines the financial performance of Bob’s Baloney, a leader in the ultrapremium bologna market. While the business appears to be doing well with respect to most of its stakeholders, its la... Read More
Credit Analysis Basics
F-1898 | Published March 09, 2020 | 11 pages Technical Note
Collection: Darden School of Business
Capital markets facilitate the appropriate exchange of money. For lenders and borrowers, the interest rate is the primary pricing mechanism that markets use in this exchange. For borrowers deemed to h... Read More
Asset Price Bubbles
Bruner, Robert F. Schill, Michael J.
F-1919 | Published November 07, 2019 | 15 pages Technical Note
Collection: Darden School of Business
Market lore recounts a host of fabled asset price bubbles: the Dutch tulip bubble of the 1630s, the South Sea and Mississippi bubbles of 1720, the dot-com bubble of the late 1990s, and the global real... Read More
Mary Washington Pediatrics
F-1877 | Published March 27, 2019 | 5 pages Case
Collection: Darden School of Business
This case follows the 2017 acquisition valuation of Mary Washington Pediatrics in Northern Virginia by two pediatricians, Natalia Juarez and Kirsten Atwood. The case provides a simple context for disc... Read More
A Primer on Risk-Free Bonds
F-1861 | Published February 01, 2019 | 14 pages Technical Note
Collection: Darden School of Business
This note explores the first principles of pricing financial contracts. Debt contracts go by many names, but the term bond is used in this note to denote any market-traded debt contract. The note is ... Read More
Darden Capital Management: The Cavalier Fund
F-1853 | Published October 04, 2018 | 10 pages Case
Collection: Darden School of Business
This case examines the investment strategy decisions of a student portfolio management team in April 2017. The case is designed to provide a context for an introduction to the intuition of the Capital... Read More
Chestnut Foods (RUSSIAN)
Schill, Michael J. Stevenson, Donald
F-1999 | Published November 08, 2017 | 13 pages Case
Collection: Darden School of Business
This is a Russian translation of the Nov. 15, 2017 version of UVA F-1736. After a period of poor stock-market performance, conglomerate Chestnut Foods (Chestnut) faces the acquisition of its stock by ... Read More
Guna Fibres, Ltd. (RUSSIAN)
Schill, Michael J. Bruner, Robert F. Pham, Thien T.
F-1998 | Published November 08, 2017 | 11 pages Case
Collection: Darden School of Business
This is a Russian translation of the Feb. 1, 2017 version of UVA-F-1687. The chief executive of a small yarn-production company in India must resolve an unexpected cash shortage. The task for the stud... Read More
The Cost of Capital: Principles and Practice (RUSSIAN)
F-2001 | Published November 08, 2017 | 12 pages Technical Note
Collection: Darden School of Business
This is a Russian translation of the August 13, 2015 version of UVA-F-1710. This technical note provides a student primer of firm cost of capital from a conceptual and application perspective. The not... Read More
An Introduction to Zero-Coupon Risk-Free Bonds
F-1799 | Published July 14, 2017 | 3 pages Technical Note
Collection: Darden School of Business
This note introduces students to the basics of bonds and the time value of money through the simplest of financial contracts?the zero-coupon risk-free bond contract. The note covers the concepts of pr... Read More
The Battle for Value, 2016: FedEx Corp. versus United Parcel Service, Inc.
Schill, Michael J. Craddock, Jenny
F-1773 | Published February 13, 2017 | 17 pages Case
Collection: Darden School of Business
This case invites students to assess the financial performance of FedEx Corp. and United Parcel Service, Inc., two firms that have long competed for dominance in the overnight delivery industry. The c... Read More
Royal Mail plc: Cost of Capital
F-1774 | Published January 27, 2017 | 12 pages Case
Collection: Darden School of Business
This case examines the cost of capital estimation for British postal service company Royal Mail plc in 2015—a time when company managers and government regulators were adjusting to private ownership a... Read More
Whole Foods Market: The Deutsche Bank Report
Schill, Michael J. Blankenship, Chris
F-1776 | Published January 27, 2017 | 13 pages Case
Collection: Darden School of Business
This case follows the financial-statement forecasting decisions of a Deutsche Bank research analyst for the natural and organic retailer Whole Foods Market in May 2014. Students evaluate the associate... Read More
Ferrari: The 2015 Initial Public Offering
Schill, Michael J. Craddock, Jenny
F-1775 | Published January 11, 2017 | 20 pages Case
Collection: Darden School of Business
This case examines the October 2015 initial public offering pricing decision for legendary Italian sports car company Ferrari by Fiat Chrysler management. Students are invited to model the value of F... Read More
Carter International
F-1771 | Published December 21, 2016 | 11 pages Case
Collection: Darden School of Business
This case considers the 2016 acquisition of U.S. gambling concern Hope Enterprises by a major hotel company, Carter International (Carter). It is a relatively straightforward exercise in valuing a pot... Read More
Financial Management: An Introduction
F-1742 | Published November 14, 2016 | 5 pages Technical Note
Collection: Darden School of Business
This technical note provides an overview of Financial Management. It is intended as a note to accompany the opening session of case-based course in corporate finance or financial management, as a way ... Read More
Fonderia del Piemonte S.p.A.
Bruner, Robert F. Schill, Michael J.
F-1764 | Published October 21, 2016 | 3 pages Case
Collection: Darden School of Business
The managing director of this specialty foundry must decide whether to approve a major investment to automate part of her plant's production process. The case presents information sufficient to build ... Read More
EMI Group PLC (SPANISH)
Schill, Michael J. Shumadine, Elizabeth
F-1818 | Published January 27, 2016 | 19 pages Case
Collection: Darden School of Business
This is a Spanish translation of the Mar. 13, 2009 version of UVA-F-1552. This case examines the April 2007 decision of British music company EMI to suspend its annual dividend as the company strugg... Read More
Management of Financial Policy Decisions: Capital Structure Policy
F-1743 | Published December 04, 2015 | 17 pages Technical Note
Collection: Darden School of Business
This technical note provides an overview of capital structure policy. Through a series of hypothetical situations and real-world examples, students will gain an understanding of the benefits and costs... Read More
Chestnut Foods (A)
Schill, Michael J. Stevenson, Donald
F-1736 | Published August 06, 2015 | 9 pages Case
Collection: Darden School of Business
After a period of poor stock-market performance, conglomerate Chestnut Foods (Chestnut) faces the acquisition of its stock by an activist investor. The new investor demands the sale of Chestnut’s high... Read More
Discounted Cash Flow Analysis
F-1728 | Published January 16, 2015 | 11 pages Technical Note
Collection: Darden School of Business
This technical note outlines the principles and application of proper discounted cash flow (DCF) analysis in the context of evaluating business investment projects. The note provides several specific ... Read More
The Cost of Capital: Principles and Practice
F-1710 | Published February 07, 2014 | 9 pages Technical Note
Collection: Darden School of Business
This technical note provides a student primer of firm cost of capital from a conceptual and application perspective. The note provides student intuition on the traditional theory of cost of debt, cost... Read More
Business Valuation in Mergers and Acquisitions
Schill, Michael J. Loutskina, Elena
F-1699 | Published October 02, 2013 | 11 pages Technical Note
Collection: Darden School of Business
This note discusses valuation in the context of business mergers and acquisitions. It builds on standard methods of business valuation to consider the unique questions arising in a merger or acquisiti... Read More
DAZZ Manufacturing Company
Weiss, Elliott N. Goldberg, Rebecca Schill, Michael J.
OM-1503 | Published August 27, 2013 | 6 pages Case
Collection: Darden School of Business
While maintaining Lean manufacturing standards, the plant manager for the Clarksburg, Virginia, location of a manufacturer of coated abrasives must evaluate a capital investment of $8 million. The inv... Read More
Cavalier Hospital
Schill, Michael J. Yount, Kenan
F-1696 | Published June 11, 2013 | 14 pages Case
Collection: Darden School of Business
A midsize community hospital must choose a strategy to compete with an expanding regional rival. The strategy, focused on acquiring patient volume, includes expanding investment into integrated care, ... Read More
American Greetings
F-1693 | Published March 28, 2013 | 14 pages Case
Collection: Darden School of Business
This case is used in Darden's FY Finance course, but it would be appropriate in any course introducing firm valuation. The case examines the 2012 decision by American Greetings (AG) to repurchase shar... Read More
M&M Pizza
F-1691 | Published March 11, 2013 | 3 pages Case
Collection: Darden School of Business
This case is used in Darden's core first year finance course. The exercise introduces in a fun way the fundamentals of financial policy that are the foundation of corporate finance. It takes the textb... Read More
Guna Fibres, Ltd.
Schill, Michael J. Bruner, Robert F. Pham, Thien T.
F-1687 | Published February 04, 2013 | 11 pages Case
Collection: Darden School of Business
The chief executive of a small yarn-production company in India must resolve an unexpected cash shortage. The task for the student is to evaluate the causes of this shortage (using a completed “base-c... Read More
The Misadventures of Daring Dave: Leverage and Investment Returns
F-1686 | Published January 23, 2013 | 11 pages Case
Collection: Darden School of Business
Daring Dave is a focused niche case used in Darden's second-year elective "Securities Markets in Action" where students need to understand the power and impact of leverage and margin requirements on i... Read More
Business Valuation: Standard Approaches and Applications
F-1684 | Published January 22, 2013 | 14 pages Technical Note
Collection: Darden School of Business
This note provides an introduction to the standard approaches used to value businesses from the perspective of the investor (e.g., discounted cash flow, market multiples). Each approach is illustrated... Read More
The Procter & Gamble Company: Investment in Crest Whitestrips Advanced Seal
Schill, Michael J. Lentz, Daniel
F-1670 | Published July 27, 2012 | 12 pages Case
Collection: Darden School of Business
A financial analyst for Procter & Gamble must report on the prospects and implications of a new teeth-whitening product. Beyond a realistic profit-and-loss forecast and baseline net present value, he ... Read More
Ben & Jerry's Homemade: The Unilever Scoop
Allayannis, Yiorgos (George) Schill, Michael J.
F-1656 | Published August 18, 2011 | 6 pages Case
Collection: Darden School of Business
A follow up for Ben & Jerry's Homemade (UVA-F-1364), this case is suitable for MBA, EMBA, and GEMBA programs, and could work as a stand-alone undergraduate introduction to corporate finance and M&A or... Read More
Gellibrand Partners
F-1648 | Published June 07, 2011 | 3 pages Case
Collection: Darden School of Business
Given widening bid-ask spread for a target stock, a small Australian portfolio manager considers front-running the market makers by posting its own quotes inside the spread. Organized in a series of r... Read More
Roche Holding AG: Funding the Genentech Acquisition
Schill, Michael J. Durick, Brett Chambers, Drew
F-1645 | Published March 22, 2011 | 16 pages Case
Collection: Darden School of Business
This case examines the decision by the Swiss pharmaceutical Roche Holding AG (Roche) to offer a record $42 billion bond in February 2009. In light of a pending acquisition of US biotechnology leader G... Read More
Braintree Momentum Equity Fund
F-1619 | Published April 22, 2010 | 6 pages Case
Collection: Darden School of Business
This case considers the viability of a momentum-oriented trading strategy in U.S. equities in 2006. The case, created for use in an investment course, provides both historical performance on the tradi... Read More
Rosetta Stone: Pricing the 2009 IPO
Schill, Michael J. Papireddy, Suprajj Adams, Tom Clough, Phil
F-1613 | Published December 21, 2009 | 21 pages Case
Collection: Darden School of Business
This case examines the April 2009 decision of Rosetta Stone management to price the initial public offering of Rosetta Stone stock during one of the most difficult periods in capital-raising history. ... Read More
Flinder Valves and Controls Inc.
F-1573 | Published November 17, 2008 | 14 pages Case
Collection: Darden School of Business
Set in May 2008, this case reflects the separate perspectives of chief executive officers Tom Eliot and Bill Flinder as they approach the negotiations of RSE International Corporation to acquire Flind... Read More
An Introduction to Technical Analysis
Schill, Michael J. Wada, Yosuke
F-1547 | Published September 19, 2008 | 10 pages Technical Note
Collection: Darden School of Business
Technical stock analysis uses past prices and trading volume or both to predict future prices. A broad range of techniques such as chart analysis, moving averages, and other filters and oscillators ca... Read More
EMI Group PLC
Schill, Michael J. Shumadine, Elizabeth
F-1552 | Published September 02, 2008 | 19 pages Case
Collection: Darden School of Business
This case examines the April 2007 decision of British music company EMI to suspend its annual dividend as the company struggled to respond to the effect of digital audio distribution on its core busin... Read More
California Pizza Kitchen
Schill, Michael J. Shumadine, Elizabeth
F-1553 | Published September 02, 2008 | 16 pages Case
Collection: Darden School of Business
This case examines the question of financial leverage at California Pizza Kitchen (CPK) in July 2007. With a highly profitable business and an aversion to debt, CPK management is considering a debt-fi... Read More
Financial Theory Foundations
F-1548 | Published August 28, 2008 Technical Note
Collection: Darden School of Business
Financial theory seeks to explain how buyers and sellers in financial markets price contracts to exchange money across time and across risk profiles. Using rules of agent behavior, theory generates fi... Read More
Horniman Horticulture
F-1512 | Published August 18, 2006 | 4 pages Case
Collection: Darden School of Business
This case captures the cash-flow and working-capital management problems typical of small, growing businesses. At the end of 2015, Bob and Maggie Brown have completed their third year of operating Hor... Read More
Blackhawk Urology
F-1507 | Published April 20, 2006 | 2 pages Case
Collection: Darden School of Business
This case has been significantly revised to update its currency and to be more concise. In early 2015, two partners in an Oklahoma medical practice must reconcile their booming urology business with d... Read More
Business Performance Evaluation: Approaches for Thoughtful Forecasting
F-1490 | Published December 08, 2005 | 17 pages Technical Note
Collection: Darden School of Business
This note provides an introduction to financial ratios and financial forecasting. It examines principles in the art and science of thoughtful financial forecasting. In particular, it reviews the impor... Read More
Carrefour S.A.
F-1470 | Published June 08, 2005 | 12 pages Case
Collection: Darden School of Business
In August 2002, the French retail giant Carrefour S.A. was considering alternative currencies for raising (euro) EUR750 million in the Eurobond market. Carrefour’s investment bankers believed that the... Read More
Darden Capital Management—The Monticello Fund
F-1464 | Published December 17, 2004 | 10 pages Case
Collection: Darden School of Business
The investment-strategy decisions of a Darden Capital Management student-portfolio management team in 2004 are examined. Case materials allow students to estimate CAPM-based expected returns using mar... Read More
A Primer on Valuing Simple Risk-Free Bonds
F-1443 | Published June 29, 2004 | 6 pages Technical Note
Collection: Darden School of Business
This note introduces students to the basics of bonds and the time value of money through a simple bond contract?the risk-free bond contract. The note covers the concepts of present value, yield to mat... Read More
JetBlue Airways IPO Valuation
Schill, Michael J. Owen, John Monroe, Garth Cui, Cheng
F-1415 | Published August 20, 2003 | 19 pages Case
Collection: Darden School of Business
This case examines the April 2002 decision of JetBlue management to price the initial public offering of JetBlue stock during one of the worst periods in airline history. The case outlines JetBlue's i... Read More
Value Line Publishing, October 2002
Schill, Michael J. Bruner, Robert F.
F-1403 | Published November 21, 2002 | 13 pages Case
Collection: Darden School of Business
This case follows the performance review and financial-statement-forecasting decisions of a Value Line analyst for the retail building-supply industry in October 2002. The case contrasts the strong op... Read More
eBay, Inc. (B)
Schill, Michael J. Burnett, Jason
F-1358 | Published March 22, 2002 | 1 pages Case
Collection: Darden School of Business
This case examines the Fall 1998 decision of eBay management to proceed with the company's initial public offering during the quietest IPO market in twenty years. In Case A, eBay's Chief Financial Off... Read More
Ben & Jerry's Homemade
F-1364 | Published September 13, 2001 | 14 pages Case
Collection: Darden School of Business
This case examines issues of asset control for Ben & Jerry's Homemade, Inc., in light of the outstanding takeover offers by Chartwell Investments, Dreyer's Grand, Unilever, and Meadowbrook Lane Capita... Read More
Methods of Valuation for Mergers and Acquisitions
Chaplinsky, Susan Schill, Michael J. Doherty, Paul
F-1274 | Published March 03, 2000 | 18 pages Technical Note
Collection: Darden School of Business
This note addresses the methods used to value companies in an M&A (mergers and acquisitions) setting. It provides a detailed description of the discounted-cash-flow (DCF) approach and reviews other me... Read More
eBay, Inc. (A)
Schill, Michael J. Burnett, Jason
F-1357 | Published March 22, 1999 | 15 pages Case
Collection: Darden School of Business
This case examines the Fall 1998 decision of eBay management to proceed with the company's initial public offering during the quietest IPO market in twenty years. In Case A, eBay's Chief Financial Off... Read More
Bank of Tokyo
Bruner, Robert F. Schill, Michael J.
F-1018 | Published December 14, 1992 | 20 pages Case
Collection: Darden School of Business
In October 1990, the president of this bank (the 9th largest in Japan and 15th largest in the world) must design a financing plan with which to bring the bank into compliance with the new worldwide Ba... Read More
Chestnut Foods (B)
Schill, Michael J. Briceno, Frank Stevenson, Donald
F-1974 | Published | 13 pages Case
Collection: Darden School of Business
After a period of poor stock-market performance, conglomerate Chestnut Foods (Chestnut) faces the acquisition of its stock by an activist investor. The new investor demands the sale of Chestnut’s high... Read More
Teva Pharmaceuticals: Pricing the 2016 Bond Offering
Schill, Michael J. Yates, Adam
F-2028 | Published | 18 pages Case
Collection: Darden School of Business
This case examines the July 2016 decision by Israeli pharmaceutical Teva Pharmaceuticals Industries Limited (Teva) to raise USD19.5 billion in cash through a multicurrency bond offering to finance an ... Read More
The House on Ramsay Street
Schill, Michael J. England, Staci Facer, Benjin Waters, Julian
F-2072 | Published | 7 pages Case
Collection: Darden School of Business
This case considers a simple buy-versus-rent decision in the context of an individual family home. In mid-2022, the rise in real estate prices in the Washington, DC, metro area has resulted in a drama... Read More
Shamrock Capital: Pricing the Masters of Taylor Swift (SPANISH)
Schill, Michael J. Schofield, Kelcie
F-2112 | Published | 22 pages Case
Collection: Darden School of Business
This is a Spanish translation of the June 17, 2024 version of UVA-F-2050. This case examines a 2020 pricing decision for the master recordings of Taylor Swift’s first six albums in consideration of a ... Read More
The Leverage of L’Oréal
Schill, Michael J. Zouita, Kods
F-2109 | Published | 20 pages Case
Collection: Darden School of Business
This case examines the question of financial leverage for French beauty and personal care company L’Oréal S.A. (L’Oréal) in October 2021. With an historical aversion to debt and a highly profitable b... Read More