Conflict over Leadership and Succession at SJM Holdings: Can Stanley Ho`s Casino Empire Survive the Crisis?
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Case Code: BENV046 Case Length: 14 Pages Period: - Pub Date: 2022 Teaching Note: Available |
Price: Rs.400 Organization: SJM Holdings Industry: - Countries: Macau Themes: Family Business, Succession Planning |
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Abstract Case Intro 1 Case Intro 2 Excerpts
Introduction
Macau based casino giant SJM Holdings (SJM) reported a 16% plunge in its annual profits for the year ended 2017 while the market-wide casino gross gaming revenue (GGR) across the region witnessed a rise by 19.1%. This performance showed that SJM, which had once had a monopoly in casinos in Macau, was on the decline..
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