Corporate crime

The company will have many kinds of stakeholder which include internal and external stakeholders. The stakeholders are people who interest or stake in an organization and their opinion can affect the organization. The main stakeholders incorporate shareholders, creditors, employees and the community. There are advantage and disadvantage for stakeholder when dealing with or using a limited liability company (LLC) structure for small businesses in New Zealand. In a limited liability company,…

Red Clay Power structure The company top pinnacle of authority is the chief executive officer, who is also the chairperson of the Board of Directors, and owns a 25% share. Second in authority is the chief finance office, who is a member of the board of directors, and also owns a 25% share. There are five other members of the board of directors who include the chief operating officer, the director of architecture and construction services, the director of information technology services, the…

QUESTION 1: VALUATION OF SHARES 1. ROE= 25% Dividends Paid = DPS/EPS (54000/50000)/4.32 1.08/4.32 0.25 25% Share price for Ragan is $27.36 2. Growth for 5years = 18.75% Growth after 5 years = 15% Dividends D(0)=1.08 D(1)=1.08 X 1.1875=1.2825 D(2)=1.2825 X 1.1875=1.52296 D(3)=1.52296 X 1.1875=1.8085 D(4)=1.8085 X 1.1875=2.1476 D(5)=2.1476 X 1.1875=2.5503 D(6)=2.5503 X 1.15=2.9328 Terminal Value = 2.9328/0.15 X 0.20 = $41.4 Share Price = D1/(1+r) + D2(1+r)^2 +D3(1+r)^3 +…

Operational Efficiency (Appendices 3) The management activities of operating asset are the most importance factors in the field of profit and loss. The main business activities in the management of asset are total inventory and asset management and so on. Inventory is very important, because it is the fastest flow of assets into cash in a normal business process, and fundamentally affects the cash flow Inventory turnover measures the conversion speed between inventory and sales and is defined by…

Management of Working Capital Case Study: “George’s Trains” Based on the video, George is running a very profitable business. Yet, George is conscious and knows that one is in a MBA Managerial Finance class. George feels that one is able to address and give contributable guidance on his working capital practices. George approaches you with a few questions related on how to advance on his working capital practices. For example, what are the potential dangers in Capital Budging practices,…

Part A: Introduction Kenneth I. Chenault The Chief Executive Officer (CEO) is one of the most sought-after headings, and least comprehended position in a corporation; everybody supposes the CEO will and can do whatever he/she desire, are completely authoritative, and are mysteriously proficient; however, nothing could be furthest from actuality. Through its precise description, the position depiction of a CEO necessitates sustaining the requirements of workforces, consumers, stockholders,…

Description Agency Theory Agency theory is a form of corporate governance where the role of the board of directors is to act as an independent intermediary between two entities. The board of directors is basically the governing body that facilitates the interaction between the principles and the agents. The principles or shareholders, are the entities which bring the resources to the firm from investments. The agents on the other hand are the people who utilize the resources of the principles…

6. Functions at GT Stewart Solicitors (2.1) • CEO: the highest-ranking person in the law firm, responsible for taking managerial decisions • High Court Advocate (HCA): responsible for the management and operations as well as assuming the role of HR manager • Supervising Solicitors: responsible for the day-to-day performance of their department • Assistant Solicitors: responsible for providing legal advice and assistance • Billing Manager: responsible for processing and billing cases 7.…

(k) for the firm remains constant. Thus, Gordon’s model also ignores the effect of a change in the firm’s risk-class and its effect on the discount rate (k). • The firm and its stream of earnings is constant and doesn’t change . • There is no corporate tax . • The retention ratio denoted by (b) once decided upon remains constant. Thus, the growth rate, g = br, is constant forever. • The cost of capital is greater than the growth rate .Thus the discount rate is greater than growth rate, k…

Nymox Pharmaceutical: Lack of financial information on their website is a concern? Summary: 1) The company moved its head office to Bahamas effective July 31, 2015, no reason was provided to its shareholders 2) Sophiris Bio vs Nymox Pharmaceutical – who is better in terms of keep shareholders updated? 3) The company’s cash reserve was very weak, raised $2.24 million vs Sophiris Bio raised $26 million in August 4) The company doesn’t have enough money to support its operations 5) The company had…