Author: Icon Group Ltd.
Manufacturer: Icon Group International, Inc.
The goal of this report is to assist managers in gauging a company's financial
performance vis-a-vis firms competing in the same sector, at the global level. In particular, this report covers LIGAND PHARMACEUTICALS INC., SAN DIEGO, USA. With the globalization of markets, greater foreign competition, and the reduction of entry barriers, it becomes all the more important to benchmark a company's performance against other firms on a worldwide basis. Doing so, however, is not an obvious task. First, one needs to find firms competing in the same sector. Second, one needs to control for exchange rate volatility. Finally, one needs to use comparable financial
standards. This report overcomes these