商学 68-3☆/5.酒井

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1 275 DHB Industries, Inc. Initial Public Offering IPO Japan Exchange Group IPO p DHB Industries, Inc.DHB 3 Flyvbjerg2001Extreme/deviant Case chosen to learn from unusualbut often importantevents or situationsdeviant case Flyvbjerg2001

2 276 DHB 3 Knapp2014Case 1.10 DHB Industries, Inc.DHB 1. DHB DHB David Brooks 1980 David Brooks Jeffery Brooks Securities SEC Brooks 405,000 David Brooks 5 SEC David Brooks DHB Capital Group, Inc. DHB Industries, Inc. DHB David Brooks DHB 1994 David Brooks DHB SEC Brooks SEC David Brooks DHB DHB

3 DHB David Brooks DHB 4 Point Blank Body Armor Point Blank Point Blank Second Chance Body Armor 2004 David Brooks DHB DHB 7,000 2, DHB 3 5,000 3, ,000 1, DHB CEO David Brooks Brooks Brooks 2003 DHB Second Chance Body Armor Brooks 2 Sandra HatfieldDHB COO 200 DHB 2004 Form-10 K Knapp2014p.134 1

4 278 Dawn SchlegelDHB CFO DHB Brooks DHB 1 8,000 DHB DHB Point Blank 20,000 Point Blank DHB DHB DHB David Brooks Brooks Sandra Hatfield Dawn Schlegel DHB David Brooks Schlegel Hatfield Brooks DHB DHB Tactical Armor ProductsTAP2003 Brooks TAP CEO Form 10-K Brooks 1992 DHB Brooks DHB Dawn Schlegel

5 279 DHB DHB 3 Hatfield Schlegel Brooks Schlegel Hatfield SEC DHB 2004 DHB Form-10 K DHB material weakness 2004 Form-10 K DHB DHB Form 10-K DHB Form 10-K DHB DHB 2 Brooks 2004 Form 10-K 2 DHB SEC 2015 DHB 760 DHB 2 Knapp2014p.138 2

6 Hatfield Schlegel 63,000 DHB Brooks DHB 700 Schlegel Form 10-K SEC Brooks DHB Brooks DHB , SEC Hatfield Schlegel DHB Brooks SEC DHB Industries Inc. Point Blank Solutions Brooks 17

7 DHB David Brooks DHB 27 Knapp2014pp IPO FALCON SYSTEM Δ 162 Δ Δ Δ 92 Δ Δ a2014 b

8 , DHB MW 3 2 MW Brideal ,200 Brideal 2014 a ap.1 6,

9 DHB Grant ThorntonBig 6 Weiser LLP mid-size firm MW MW DHB IPO IPO 3 MW bp.1

10 IPO KPMG FAS KPMG FAS KPMG FAS2014p.4 MW 18 IPO IPO

11 DHBMW IPO IPO 3 B15 K Flybjerg, B.2001Making Social Science Matter : Why Social Inquiry Fails and How it Can Suceed Again, Cambridge University Press. 2010

12 286 Knapp, M. C.2014Case 1.10 DHB Industries, Inc.,Contemporary Auditing 10 th Edition, South-Western College Pub., pp Knapp, M. C., and Knapp, C. A.2012Of Hurricanes and Harness Racing : The Accounting Fraud at DHB Industries, Inc.,Issues in Accounting Education, Vol.28, No.1, pp Securities and Exchange CommissionSEC1996In the Matter of the Application of DHB Capital Group, Inc. for Review of Action Taken by the National Association of Securities Dealers, Inc. Release No Available at : http : // 3 7 Securities and Exchange CommissionSEC2005DHB Industries Inc. Form 10-K/AAmendment No.2 filed March 17, Available at : http : // /dhbform 10 ka.txt Securities and Exchange CommissionSEC2007Securities and Exchange Commission v. David H. Brooks, U.S. District Court, Southern District of Florida, Case No Available at : http : // pdf Securities and Exchange CommissionSEC2011Securities and Exchange Commission v. Jerome Krantz, Cary Chasin, and Gary Nadelman, U.S. District Court, Southern District of Florida, Case No.0 : 11-cv Available at : http : // Weister, J.2012Auditor Size vs. Audit Quality : An Analysis of Auditor Switches, Honors College Thesis, Working Paper a http : //v4.eir-parts.net/v4contents/view.aspx?cattdnet&sid b http : //v4.eir-parts.net/v4contents/view.aspx?cattdnet&sid ahttp : //v4.eirparts.net/v4contents/view.aspx?cattdnet&sid bhttp : // jp/press/release/ pp KPMG FAS2014KPMG FAS Newsletter IPO pp http : //outlaws.air-nifty.com/news/2014/10/post-6814.html http : // ifgboc glz-att/b7gje iig1.pdf pp

13 http : // jicpa_pr/news/docs/120409_jicpa-ipoguidebook_finish2.pdf http : // 1020/nlsgeu000000u0hx-att/ pdf pp

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