Free Essays on Shareholder to Get Inspired & Learn by Example

Willamette’s book value at the time of acquisition

Essentially, book value refers to the total value of assets less the value of liabilities. With 110 million shares outstanding going for $55.5 per share, the company had $6.105 billion. Out of this, the company owed $1.7 billion to Weyerhaeuser (although Weyerhaeuser did forgo that debt as part of the deal). The book value is $6.105 minus $1.7 billion. That comes to $4.405 billion.

Willamette’s value: DCF Model

The DCF (discounted cash flow) model takes into consideration the money the company is likely to make in the future.
Willamette’s market capitalization at the time of sale
Essentially, market capitalization refers to the Continue reading...

Lockheed Martin Corporation is one of the biggest US-based multinational aerospace companies. As for now, it is world`s largest defense contractor, specializing in high-technology military equipment such as strategic and tactical missiles, aircrafts, missile defense systems, radars and military electronic appliances.
Financial analysis of Lockheed Martin Corporation was conducted using its ratios for 2012 and 2013 years. Data for these ratios was obtained from Form 10-K for the fiscal year ended December 31, 2013. Results of analysis are presented in table 1.
Liquidity ratios are used in order to examine financial soundness of a company in a short Continue reading...

Identify at least three key features of your selected company's (Common Wealth Bank) corporate governance framework and how it positions the firm to engage with stakeholders on local and international levels. In a global context, what ethical challenges can you see for this firm that may or may not be addressed with its current governance arrangements?

Introduction

Corporate governance is a system which includes rules, practices and processes by way of which an organization gets directed and controlled. It necessarily involves the balancing of interests of many individual stakeholders for an organization. This is including shareholders, management, customers, government, financiers, Continue reading...

Corporate governance is the set ups of corporations that enable the corporate to run smoothly. The governance ensures that there is transparency and equity to the customers, employees, investors, the community, and the government. It ensures maximization of the value of the shareholders both legally and ethically. A corporate with good governance creates a convenient environment for long-term productivity, an environment that encourages managers to maximize return on investment and encourages efficient operation. This environment in return enhances better performances of corporate. Governance has influence on the decisions of the stakeholders about the corporate. For instance, the public is Continue reading...

Answer a)

Rationale for right issue
The declaration of Right Issue by Barclays Bank was part of the announcement by Prudential Regulation Authority (PRA) on June 20th, 2013, where after scrutiny of capital adequacy of major banks in the nation, it announced that all the banks should have Leverage Ratio of 3%, calculated on a PRA-adjusted CET1 capital base and using a CRD IV leverage exposure measure. However, on that date, Barclays' PRA Leverage Ratio was 2.2%, representing a deficit of £12.8 billion in volume.
Thus, in order to achieve the target PRA Leverage Ratio of 3% by stipulated deadline of Continue reading...

Introduction

The classical origin of the concept of corporate social responsibility (CSR) came from the principle that the purpose of the corporation is to make profits for the stockholders. This view of Milton Friedman came to be referred to later as the classical theory of CSR (Bowie, 1991). Tom Donaldson argued that this theory derived from the concept of the social contract between the corporation and the society where it operates. This perspective, however, faced criticism over its inherently opportunistic and exploitative viewpoint (Mulligan, 1986). A corporate vision aimed only at upholding the shareholder’s right to profit for their Continue reading...

Rights of Shareholders

Rights of Shareholders
The main right of the common shareholder is the voting rights at the annual general meetings and any other important meeting called by auditors or the directors of the company. The common shareholders are the real owners of the business and that is why they have the power to alter or amend the decisions which are damaging their interests in the company. With the help of voting rights, common shareholders can terminate directors and auditors. (Howell)
Common shareholders have a right to file lawsuits against the directors of the company if the board of directors tries Continue reading...

About the company: Lowes Companies Inc.

Founded in the year 1946, Lowes Companies is a home improvement retailer and also a Fortune 100 home improvement company. The company is the second largest home improvement retailer in the world with revenue figures of $53.40 Billion. The company operates in three geographic regions, US, Canada and Mexico with a total of 1830 stores around the regions. Lowes serves approximately 15 million customers in a week.

Trend in the capital expenditure:

Referring to the annual report of the company, we found that over the period of three years the company has cut down on its capital expenditure to half. Beginning with financial reporting Continue reading...

Composition: It’s composed of any person, partnership, corporation, association or agency which is not a public body that is operated for profit; it’s self-sustaining, established and operated on Federal property, by individuals and is not part of the government. But public organization is part of the economy concerned with providing various government services; public sectors include public roads, education, and policies (Boyne, 2002).Minimum no of members; private company requires a minimum number of two, but a public organization requires at least seven members.
Maximum number of members: in the privately owned companies the maximum number is Continue reading...

Media has taken center stage in each and every human life on earth, especially in the twenty first century. The reason behind this is the advancement that has taken center-stage in technology. One cannot deny the progressiveness that science has brought out though innovations in technology. Appreciating this phenomenon will help us comprehend the role of media in our lives. Media will decide what we know about a particular event. With the cropping up of daring reporters, regular updates on the happenings throughout the world are things that we cannot miss to hear (Considine, 2009, pg. 64). Entertainment is Continue reading...

Incentives, Investment Decisions & Firm Performance

In financial management, the agency dilemma or principal–agent problem occurs in an event when one entity or person (the agent) makes decisions on behalf of another entity or person (the principal). This dilemma exists because the manager (agent), sometimes, is motivated to make decisions in his own best interests instead of those in favor of his principal authority . Common examples of Principal-Agent relationship include corporate management of any organization (agent) and all of its shareholders (principal). This relationship is also found when politicians (agent) are obliged, as representatives, to work for the benefit and welfare of their voters ( Continue reading...

Analysis of Marriott International Inc. 2012 annual report

The main purpose of an annual report is to provide information to the shareholders, the public and stakeholders: it provides financial information, upcoming plans for the next year, introduces the company’s key personnel and board members to everyone, changing company conditions and marketing campaigns and strategies. It follows that an annual report gives a comprehensive highlight of your company’s achievements such as gains in the market share, sales increase, financial achievements, research advances, new machinery and honors or awards given to its employees or the company. In addition, the annual report serves to promote your company since Continue reading...

Abstract Page

The paper discusses the possible risks to the Deluxe Corporation business of printing checks, and how Mr. Rajat Singh can help them in their financial rejuvenation. Deluxe Corporation’s CEO is expecting tough times ahead for the company because of proliferation of financial technology and e-transaction of funds. In addition, the company has retired all its debt and has also initiated share repurchase program. Hence, a prudent advice will be expected from Mr. Singh to revive the company, while maintaining its current investment rating in the industry.
Question No. 1: What are the risks associated with Deluxe’s business Continue reading...

Abstract

The objective of this study was to identify how a company involved in agribusiness infuses transportation economics, efficient supply chain management, and inventory control practices in its processes. The level of infusion was related with the benefits that this brought to the company. The company studied was the United States Sugar Corporation. The research includes information on the railroad that the company owns and operates and which has immense benefits to it, the use of technology in the agriculture and sugar refining sections, and the monitoring of the supply chain. The results of the research show that the movement Continue reading...

Chapter 1:

a) The core reason behind selecting the company is too unearth the trend in the financial position as the stock has been hit hardly after its decision to shut down operations in Canada. This will help us to come up with a concrete investment recommendation over the stock. In addition, study of the independent auditor report and MD& A section of the annual report, will provide us an in-depth overview of the financial standing of the company.
b) The primary motivation of analyzing the latest annual report of the company is to forecast the stock behavior on the basis Continue reading...

Assignment 4: Merger, Acquisition, and International Strategies

The merger chosen for this research is the acquisition of Pixar by Walt Disney. The company named Disney holds a very impressive history within the entertainment segment, stretching over the period of more than 75 years (Walt Disney, 2015). The company was initiated in the year 1923 as a mutual project of Walt Disney as well as his brother, Roy (Walt Disney, 2015). Ever since the time of its creation, the Walt Disney organization along with its allied organizations have remained truthful to their promise to create unmatched entertainment experiences grounded on the well-off inheritance of excellent imaginative content Continue reading...

In Partial Fulfilment of the Requirements in

Introduction
Apple Inc. is a consumer electronics company that offers different devices or gadgets for its end users. Based in Cupertino, California, Apple has a wide range of products for personal computing, as well as mobile and smartphone technologies, and online services. Apple is known for its Mac product line, a competitor to businesses in personal computing such as Microsoft. Apple also offers other products including the iPhone smartphone, the iPad tablet computer, and the iPod media player. For consumers using Apple products, the company also offers online services including digital content. Through the Apple iTunes store, for instance, Continue reading...

Identification

Introductory Remarks and Rationale
Organizations set standards for them which can also be referred as the regulations. These regulations and standards are generally considered as norms of an organization. In order to effectively sustain and flourish in an industry, it is essential for an organization to comply with the standards and regulations set forth by the industry
Regulations that are associated with an industry or an organization often termed as the norms on which the entire productivity and value of an organization depends upon. Industrial Regulations and norms are also known with the name of Business Ethics and Corporate Continue reading...

Introduction

As global energy giant Enron sank into insolvency, sinking the savings and funds of stockholders and “nest eggers,” the Federal Bureau of Investigation (FBI) initially deployed two agents from its Houston office; as the mammoth company sank deeper, the FBI increased the number of agents to the investigation to 45, many of who were specifically selected from its different field offices across the United States and were equipped to “navigate” the vast paper trails attendant to the case. The Enron case soon morphed into the most extensive and complicated “white collar” crime in the history of the FBI.
The Continue reading...

Financial Analysis: Lincoln Electric Company

In this paper, we will analyze the financial performance of the company by putting the past two years financial under the microscope of ratio analysis. Below is the summary of all the ratios that we calculated for the company, followed by an extensive discussion as how the company performed over the year:

Analysis

We initiated the ratio analysis through liquidity analysis of the company and found that over the year, the liquidity position of the company has witnessed a marginal setback with both current ratio and acid ratio experiencing a declining trend. Beginning with the current ratio, the multiple plummeted Continue reading...

Financial Analysis: General Dynamic Land Systems

About the report
In this report, we will be putting the raw financial data of General Dynamic Land Systems(GDLS) to unearth the financial performance of the company over the period of past two years, i.e. 2013 and 2014. For this purpose, we will be using the tool of ratio analysis, where multiple ratio sections, i.e. Liquidity Ratios, Profitability Ratios, Solvency Ratios, Efficiency Ratios and Market Ratios will be used to determine the investment opportunity in the stock. In addition, all the ratio calculations will be made using the excel functions, however, any assumptions related to calculation of ratios Continue reading...

The federal government labor laws are relaxed on the minimum age that a child qualifies for employment in the farm and the industrial sector. Underlining the minimum age at 12 years, the Tobacco industry seized the opportunity to enroll children in the company with intent to reduce operation costs. While the major company’s objective is to undertake operation activities using low-costs capital and labor inputs with a focus on maximizing profit and boosting shareholders returns, most companies have always shunned the corporate social responsibility claiming that the practice exceeds the mandate maximizes profits. Children between the age of Continue reading...

BUSINESS STRUCTURE IN AUSTRALIA

Business structures in Australia
Dear Kylie, Dear Imad,

WE highly appreciate your consideration to choose our law firm to advise you on business types and structures in Australia. Our firm has a wide experience in business accounting, business law, corporate law, company law, financial accounting and business management within and outside Australia. We have advised big entities and corporate in business matters, in addition to representing their interests in the courts.
In regards to your inquiry, we are going to advise you on available business structures and types in Australia that you can use as a channel to set Continue reading...

Central Issue

Calveta is a service firm providing dining services to the senior living facilities (SLFs) since 1966. It has witnessed a tremendous growth over the years and in year 2009 it was serving more than 1000 SLFs. It has more than 15000 employees and now is the fourth largest competitor in the market. The company has set values. The five values of the firm make the backbone of the company operations and is regarded as the “Antonio’s Way”. Now the firm is planning to expand and double its worth in the next five years. The new CEO of the Continue reading...

Abstract

The aim of this professional business report is to address and review the key performance indicators that have been considered for strategic use by Stagecoach Group’s performance. In addition the report provides a significant justification needed for retaining the KPI’s identity. A balance scorecard has been developed by using the present KPI published by the company. It will allow in understanding the relationship between the KPI, stakeholders and the company’s policy.

Introduction:

Stagecoach group is a multinational transportation group that operates buses, trains, and express coaches. The group foundations were laid down in 1980 by Brian Souter Continue reading...

Part A: Client’s Objective and constraints

Everyone is managing the risks in various ways because people have different abilities to manage the risks heavily. Irrespective the young age of the investors, they can be able to endure the general investment risks. This is because the young investors have more life span to conduct their projects and restore their status quo ante, when the conditions in the marketplace worsen, but only when they retire or nearing retirement.

Initial investment strategy

The company’s investment philosophy is uniquely based on the creation of the portfolio that meets our clients’ needs and preferences. Our goal is to serve our diverse investors Continue reading...

Businessmen especially those in the wedding business in America are finding themselves in court for discrimination against gay couples. The instances of the business men refusing to offer services to the gay couples have risen in the recent past even in states where it is legal for gay couples to marry. The courts have determined some cases, but that has not made the business owners accept to coercion into providing services they think are against their beliefs.
The primary concern in the case is whether denying services is discrimination to the person seeking the services. The First Amendment (free Continue reading...

Business Statistics: NASCAR Winston Cup

1. The data set obtained was gathered by Larry Winner for the Journal of Statistics Education. He observed that incorporating sports data into introductory lessons on statistics. The information on NASCAR Winston Cup contained data such as: (a) year of the race, (b) number of cars in the race, (c) total race payout, (d) monthly consumer price index for urban consumers, (e) Spearman’s rho, (f) Kendall’s tau, (g) track length, (h) laps completed by winner, (i) winning time, (j) track name, etc. The year when the race happened is given including the number if cars that participated Continue reading...

Introduction

British Petroleum, also known as BP plc. is the sixth largest oil and gas company of the world. Headquartered in London, England, BP plc. is a multinational organization with its operation spread across 80 countries. By market capitalization, it is the sixth largest energy company in the world, producing oil equivalent to 3.2 million barrels (510,000 m3/d) per day. As of April 2014, its market capitalization was £85.2 billion, the fourth largest of any organization listed on the London Stock Exchange. With 17,800 service stations around the world, its largest division is based in the USA. It Continue reading...

In every organization, rational management advances the set objective with a clear objective to maximize shareholders returns through cost-effective production and satisfy the target customers. To an attaining sustainable customer satisfaction, product price, high quality, and ease of product and services access to the market must feature as part of distinct factors that would drive a firm towards unprecedented market dominance and strengthen a long-term sustainable market advantage over market rivals. A company could invest in the current market technology machines necessary to hasten production efficiency and eliminate the lead time and cost factors that con summers on the Continue reading...

Introduction

Management of business activities forms an integral part within the performance aspect of an organization. Accordingly, as a functional facet in business performance, it is directed towards major emphasis on planning, control and monitoring of diverse activities. Majority of businesses within the global scope incorporate operations management with a view of sustaining competency and performance of effective projects undertaken. The realization of the importance of business management is bound to sustain profitability and increased successful outputs within the project undertaken. Thus, this paper will evaluate business management activities as per ERA Real Estate agents as per the case study
Continue reading...

McDonald’s happens to be among the leading global food service retailers. It has more than 36,000 local restaurants, and it serves about 69 million people in more than 100 countries each day. The company is determined to improve social and environmental performance. It works hard together with its suppliers and restaurants franchisees towards a sustainable future for the company and the communities it operates. The company’s values continue to be the foundation of who they are, what they do and how they operate (McDonalds, 2015).
The fast food industry has been connected with the hot topic Continue reading...

Steven Paul "Steve" Jobs was born February 24, 1955 in San Francisco, CA. He was an American businessman, widely regarded as a pioneer in the IT-technology era . Steve Jobs was one of the founders, chairman and CEO of the Apple as well as one of the founders and CEO of the Pixar studio.
As a child, Jobs was a big bully, who had all the chances to become a juvenile delinquent. He was expelled from school after the third grade. His transfer to another school was a significant moment in the life thanks to the remarkable teacher who found Continue reading...

Introduction

Enterprises always need specific regulations and rules to maintain their core significance in the market. It is more than essential for the companies to comply with the industry standards to stay in the market as a competitive one, and such specifications are known as Corporate Governance (Calder, 2008).
Theoretically, Corporate Governance is the Government based standards which the entities have to comply for their effectiveness and long run execution. Principle Agent Theory is one of the most important and widely used theories that stride specifically under the ambit of Corporate Governance for different specifications (Calder, 2008).
The main purpose Continue reading...

The key issues in the case include low level of borrowed funds, cash and cash equivalents and reduction in the rate of sales growth. Recommendations on the increase of borrowed funds examine a recapitalization strategy, in which it lends equal to $1 billion to repurchase its shares. Recommendations concerning increase in cash and cash equivalents consider the sale of unused or unwanted objects and reserves for an amount of $456.65 Mio. Recommendations on the increase of sales growth rate to at least 4.4%, including the improvement of advertising campaign and application of the strategy of mergers and acquisitions.

Competent, Continue reading...

Part 1 Introduction and Regulatory Challenges

The chain of recent financial and economic crisis has forced governments to implement new liquidity and regulatory requirements for the banking system. Authorities aim to make financial institutions more stable and accountable for their actions. Thus, according to Basel III, they require financial institutions to have a sufficient capital level in order to cover the major part of the costs and reduce risks. Basel III is an international law, which is called to regulate standards of the capital adequacy, stress testing and market liquidity of the financial institutions of all the members of the Basel Committee on Banking Supervision.
Continue reading...

Abstract

Introduction
Human Resource Management (HRM) is one of the most departments that stride under the volubility and effectiveness of an organization (Barton, 2002). The function of this department is also important to compete among the companies within their operations. However, there are some other competition base forces as well which can be used to become competitive among the workability of the organizations. The main objective of this assignment is to analyze the level of competition among two giant organizations of the world which are Coca Cola and Pepsi Co. Both of these companies will be analyzed through four different Continue reading...

Background and Industry

Apple is one of the most successful multinational corporations headquartered in the United States in the State of California. Steve Jobs, Steve Wozniak and Ronald Wayne founded the company back in 1977 as the Apple Computer Company. It served to sell and develop personal computers. The company operates in an industry that defines its operations into the world of technology. Having being renamed to Apple Inc. in January 2007, this name change predominantly defined the change the company had taken to include consumer electronics in their line of manufacture. In description of the company’s operations, they design, develop Continue reading...

Business

An ethical issue is a problem, an opportunity or a situation that is identifiable and one that gives discretion to a person to choose from a myriad of actions to implement. These actions may be analyzed as right, wrong, ethical or unethical (Jackson, 1996). As a result, such a choice involves weighing the monetary gains to be made against what a person may consider to be appropriate behavior as dictated by professional skills and judgment. The best way to determine whether a situation or an opportunity is ethical or not is to, look at it from a customer’s Continue reading...

The accountants rely on the guidelines provided by the International Financial Reporting Standards and the General Accepted Accounting Principles in the preparation the financial statements of any organizations. However, the main aim of the guidelines provided is to help the accountants make concrete decisions on the preparation of the financial statements. Financial statements should be as easy as possible for general public, especially the users of the financial statements to understand (Shamrock, 2012). Therefore, their main aim is to make the preparers of the financial statements achieve uniformity in the presentation. The simplifications of the statements help the shareholders Continue reading...

International Trade Finance

Section 1: Introduction
The main aim of designing the report is to provide an in-depth analysis into Seward Inc financial performance. A firm can strengthen its financial position when it has a better understanding of its financial position. The position is further understood through comparative analysis where the various financial ratios are compared to other competitors or the general performance within the industry. The report consists of various sections that look into the business performance through profitability leverage and efficiency, the comparative analysis and finally the ratio analysis.

Section 2: Firms performance analysis

The basic tool most investors or even the managers use to Continue reading...

Introduction

Financial analysis is the research process of financial condition and the main results of financial activity in order to identify the reserves for increasing its market value and provide further effective development. The results of the financial analysis are the basis for management decisions and the creation of a strategy for further development of the company. Therefore, the financial analysis is an integral part of financial management, its most important component (Keown, Martin, Petty and Scott, 2001).
Under Armour was chosen for conducting financial analysis, because it is one of the most innovative and conceptual companies in the production Continue reading...

E. Hoover and C. Hoover (1999, 1-2) stated that family business was primarily that of relationships. It is a consensual opinion that relationships between family members remain the focal factor in the failure or success of family ventures. What do pose the biggest threat to the survival and success of family ventures in the long term are the relationships among chief players, such as family members, rather than the external environment or commercial ecosystem composed of competitors, clients, and technologies. According to Massachusetts Mutual Life Insurance Company (2012, 2), family enterprises are companies whose success depends on communication, trust, Continue reading...

Executive Summary

The report encompasses the results of the survey, which measures the overall effectiveness of Amgen Inc. corporate governance. Based on the results, the company was not able to reach 100% confidence where the responses only gave the company a score of 79%. As one of the global companies engaged in pharmaceutical business, corporate governance score is significant for the establishment of market trust. With issues concerning product recall because of product failure, the company is faced with governance inadequacies where the executives were not able foresee the internal problems causing the product to fail. The results of the survey Continue reading...

Part A: Journal Entries to record accounting transactions

1. On December 31st the company sells on credit $5,000 of goods which had been bought a month previously at a cost of $3,500:

Debtors A/cDr5000

Cost of Goods Sold.Dr..3500
2. On December 31st the company sells an unwanted machine for $1,500. The machine was bought at the beginning of 2012 for $8,200 and was expected to be used for three years after which its value had been forecast to be $1,000.

Cash A/c.Dr 1500

Depreciation of Machinery A/c..Dr 4800

Loss on Sale of Machinery A/c Dr.1900

3. On January 2nd the company paid $500 by check for a three year buildings insurance policy.
Insurance Premium Continue reading...