Faculty News
Professor Joshua Ronen is quoted in a story addressing Under Armour's accounting procedures
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Excerpt from The Baltimore Business Journal -- "If a company is channel stuffing, it ends up shipping more product than can be sold and accepting as returns more product than it can sell. Ultimately, channel stuffing catches up to the company because the company loses the ability to inflate its sales. The total loss ends up being revealed and the company's stock price takes a hit. 'It's a vicious cycle,' said, Joshua Ronen, a professor of accounting for the Leonard N. Stern School of Business at New York University."
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