January 2006
Beginner
416 pages
8h 7m
English
ATI’s CEO, K.Y. Ho, was one of the company’s founders. The company had a small board of directors with only five members. Except for the CEO, all directors were from outside the company, and one of those was the founder of Silicon Optix, another chipmaker. The small board was a negative, and not much information was available on company officers. I rated ATI’s key executive and board quality as fair.
The clean accounting test totals the firm’s one-time charges or nonrecurring charges found on its annual income statements and compares that total to annual sales. The test judges a firm’s accounting as clean if the nonrecurring charges’ percentage ...
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