"Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled."
It is made to control the decision-making power of executives so they do not have as a matter of priority their own interests: they have to respond to what the stakeholders are waiting for.
Found in 1971 and bought in 1987 by its current CEO Howard Schultz, Starbucks Corporation is the leader in the market of coffee shops. The turnover of the firm was, according to Datamonitor, $9,411.5 million in the financial year ending 2007. With more than 16 200 shops worldwide, Starbucks is still expanding its activities by entering in new geographical markets and diversifying itself.
[...] Starbucks France governance: Competitive environment analysis Introduction “Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation is directed, administered or controlled.” Source: definition from Wikipedia. It is made to control the decision-making power of executives so they do not have as a matter of priority their own interests: they have to respond to what the stakeholders are waiting for. Found in 1971 and bought in 1987 by its current CEO Howard Schultz, Starbucks Corporation is the leader in the market of coffee shops. [...]
[...] Starbucks can have agreements with them as well as disagreements. The Ethiopian example shows both of them. Indeed, Starbucks had an agreement to double its purchases with Ethiopia. But when the Ethiopian government decided to label its coffee so the producer could earn money thanks to the brand name, Starbucks could hardly went against it. Even if first Starbucks tried to refuse the label, the firm had finally to agree on it. Governments are powerful and Starbucks needs coffees from these areas, considering it is the best coffee of the world. [...]
APA Style reference
For your bibliographyOnline reading
with our online readerContent validated
by our reading committee
