Is the approach of maximizing shareholder wealth compatible with stakeholder objectives?
Essay - 2 pages - Business strategy
Based on the study of an article published by Michael C. Jensen (Harvard Business School) entitled Value Maximization, Stakeholder Theory, and the Corporate Objective Function, we will look at the limits of an approach aimed at maximizing shareholder wealth for other stakeholders.
The Impact of the Barcelona Traction Case on Shareholder Protection under International Law or The Diplomatic Protection of Companies and Shareholders
Thesis - 27 pages - International law
The Barcelona Traction judgment of the International Court of Justice (ICJ) of February 5th 1970, considerably shaped the protection of foreign investors. Indeed, this judgment which introduced an innovative distinction, but ultimately in conformity with existing legal concepts, between the...
Creating and measuring shareholder value in British corporations
Case study - 15 pages - Business strategy
The shareholder value in business industry is the most commonly used term in present age. The wildfire of equity culture is quickly spreading from United States to the whole world business industry and it has been grasped as critical today as it was in the last few decades. In United...
Mergers & Acquisitions and value creation for the shareholders
Dissertation - 34 pages - Finance
2008 was hit by one of the worst financial crisis in history and also by the record number of cancelled Mergers & Acquisitions. According to Dealogic, the financial data provider, the whole value of the transactions for 2008 comes to 3.280 billions of dollars which represents a decrease of 29%...
PepsiCo 2007: Strategies to increase shareholder value
Presentation - 15 pages - Management
This presentation takes a look at the history of Pepsico. It covers some of the key points in the evolution of Pepsico as a company. It will cover points like fast food acquisitions and Quaker Oats acquisition. It will also cover points like the strategy, revenue contributions, competition in...
Compensation structures for the better alignment of management and shareholder interests
Thesis - 13 pages - Business strategy
In recent years there has been much controversy surrounding the supposed ‘high' levels of executive compensation in large publicly traded firms. CEO pay packages, measured as multiples of average non-corporate worker pay, reached a peak of 525 times in 2000. Pay packages have also grown far...
Micro shareholders: The alternative for young entrepreneurs
Thesis - 6 pages - Business strategy
More than ever, in today's highly competitive marketplace, combined with stringent bank lending requirements, it is next to impossible for a young, aspiring entrepreneur, to obtain funding for his or her business venture, especially as related to building projects. The report will detail how...
The effectiveness of legal restrictions on distributions to shareholders in achieving "Creditor Protection"
Essay - 2 pages - Finance
In this essay, I will critically evaluate the effectiveness of legal restrictions on distributions to shareholders in achieving “creditor protection”. It consists of showing the good and the bad points of these restrictions. Firstly, I will define the terms used previously. Then,...
Financial performance measure alone as opposed to an approach which encompasses both financial and nonfinancial measures
Essay - 3 pages - Finance
Bacidore et al (2019) state that "An appropriate performance measure gauges how management strategy affects shareholder value". Shareholders, as well as stakeholders, plays an essential role in the management of an organization. The evaluation of a potential strategy to apply with...
Porter's diamond 5 forces : Stellantis, an automotive company
Case study - 5 pages - Automotive marketing
Stellantis is an automotive company founded very recently, on January 16, 2021. It is the result of the merger of car manufacturers FCA and PSA. It is, therefore, a global manufacturer that brings together more than ten brands (Chrysler, Dodge, Jeep, Opel, RAM, Citroën, Abarth, DS Auto, Peugeot,...
SWOT Analysis - Vodacom
Case study - 5 pages - ICT marketing
Vodacom is a company that originated in South Africa in 1993, founded by Alan Knott-Craig Senior, who later handed the reins over to his son, Alan Knott-Craig Junior. The company has become the leading purpose-led African provider of financial and digital services, and connectivity, offering a...
Economic and Financial Management - Jaguar Land Rover
Case study - 9 pages - Finance
This report entails an analysis of Jaguar Land Rover's financial statement. This report explores the firm's financial performance regarding the different financial ratios, including liquidity, profitability, leverage and net profit margin. A comparative analysis of the firm's financial ratios for...
Estimation of the cost of equity capital using Gordon's dividend discount model
Case study - 5 pages - Economy general
Mishkin and Eakins, (2006) defines expected rate of return on equity as “the amount of net income returned as a percentage of shareholders' equity.” The return on equity is used to estimate the profitability of a company by establishing the amount of income generated using...
Company performance: different assessment approaches
Dissertation - 9 pages - Management
In the current context, it has become essential for companies to become more proficient at standing out from the competition and, therefore, be more competitive by seeking more performance. The objective is to achieve the goals set during the development of the marketing strategy and to manage to...
Merger and acquisitions
Tutorials/exercises - 9 pages - Linguistics & languages
This document offers exercises intended for students studying accounting, finance or business management. They include exercises calling on a variety of skills such as written and oral comprehension, vocabulary...
ABC COAL - Talent Management Plan
Case study - 5 pages - Management
Strategic issues are critical challenges that affect the general performance of an organization. In connection to this, strategic planning is concerned with determining the future of an organization, achieving the set goals and working towards them. ABC Coal is one of the biggest companies in our...
Financial Market and Sustainable / Green Finance
Dissertation - 18 pages - Finance
In April 2022, the Intergovernmental Panel on Climate Change released a report focusing on the mitigation of climate change. The experts underline the emergency of a new way of life in order to limit global warming to 1,5°C. To respect the agreement taken during the COP 21, the IPCC proposes...
Customer value creation: The case of Beats Electronics
Case study - 3 pages - Business strategy
Value creation is one of the core aspects of any firm as it is linked to shareholder value. It is important to care about the manner in which customers place value in the brand. Customer perceptions of value are often unclear which creates a wide opportunity for companies to tap into. This...
Baoshan Iron & Steel Co Ltd: Crafting a three-way cross-border, cross-shareholding alliance
Thesis - 3 pages - Business strategy
Baosteel is the most modern and profitable steel maker in China. The Chinese giant is, however, in a critical situation: From one side, Baosteel is facing a need for capital to achieve its projects. From the other, the Chinese market became more attractive since China's entry to WTO because China...
Criminal liability of corporations: A counter-productive policy?
Case study - 3 pages - Educational studies
Criminal liability is one of the central aspects of a democratic system, assuring that wrongdoers will be punished for acts committed against the society as a whole. Criminal law has an important role to play in regulating the behavior of individuals, ensuring they abide by criminal law and are...
Study of the LVMH group
Case study - 21 pages - Finance
LVMH group, founded in 1987 by the merger of Moet Hennessy and Louis Vuitton is the world leader in luxury, with a unique portfolio of over fifty brands. There are more than 60,000 employees, nearly 1700 stores across the world, a turnover of 910 million euros in 2005. It is partly for these...
A study of primary markets in India
Dissertation - 44 pages - Finance
The financial assets comprises of banking Accounts, pension funds, Provident fund, Mutual fund, shares, debentures and other securities. A capital market deals in financial assets, excluding coin & Currency. Capital market is a medium for mobilizing the finance out of the savings of the community...
Political governance and corporate governance
Essay - 15 pages - Management
The 20th century was viewed as the age of management; the early 21st century is predicted to be more focused on governance. There is a distinction between politics and governance, where the former is regarded as cooperation between people with different points of view in order to improve the...
Mergers and Acquisitions: reasons and consequences at the international market
Dissertation - 40 pages - Finance
The paper deals with the issue of mergers and acquisitions on the western market, viewing the topic from the standpoint of their failure and success. The subject is an extremely important one at present, as, on the one side, there is a trend towards major international mergers and acquisitions...
A look at corporate taxation
Essay - 4 pages - Finance
As any business withdraws and employs reduction of all or parts of its assets to cash or cash equivalents to its shareholders, the last step that is usually undertaken is the complete liquidation of the corporation and this denotes the end of the corporation's life as well as the...
Is it time to move away from the UK/American pattern of ownership shares in companies?
Thesis - 5 pages - Management
United Kingdom and USA have a system where private shareholders have ownership of their companies. Lots of companies in these countries are quoted in stock market. The way they can finance their companies is by opening their capital to private investors. As USA has a great influence in the...
Business ethics Moral issues facing a company involved in the fast food industry
Essay - 5 pages - Management
Contrary to Friedman's theory which claims that corporations only aim at increasing profits and shareholders revenues, companies have moral responsibilities. Indeed, shareholders are not alone in a firm and have to compromise with the interests of the other stakeholders....
L'Oreal Group: Economic and Financial analysis
Case study - 55 pages - Finance
The L'Oreal group, created in 1909 as a small family business, has grown exceedingly since its IPO (initial public offering) on October 8, 1963. Held by the Bettencourt family (27.5%) and Nestle (26.4%), the Group is now a part of the CAC 40. World leader in cosmetics, L'Oreal has a...
Analysis of LVMH
Thesis - 10 pages - Management
The LVMH (Moet Hennessy Luis Vuitton SA) luxury brand has the following shareholder capital structure described in Figure 1-1 below. The main shareholders are the Group Arnault with 47% shares in personal property. 28% of the shares are held by foreign institutional investors and...
Carrefour group: Case study
Case study - 6 pages - Business strategy
According to “Carrefour” financial reports “Carrefour” particularly relies on both “Borrowing” and “Shareholder's equity” at approximately the same level. If we look closer at the charts we can notice that: -In 2007 shareholder's equity was...
