Stock market index

right to call special meetings, and “anti-takeover” provisions to protect the interests of their stake holders. Director independence guidelines have been adopted to determine that individual directors are independent under the standards of the NASDAQ market. This annual determination assures the quality of the board’s oversight and reduces the possibility of damaging conflicts in interest. Scientific Games has also adopted corporate governance guildlines that outline the structure, roles, and…

Ethical Situation Bernie Madoff is a prime example of an ethical situation involving a salesperson with a real world company. This man founded a Wall Street firm, in his name, and was the chairman of Bernard L. Madoff Investment Securities LLC. His employees surrounding his business included family members such as a brother, niece, daughter and sons. The firm was a well-known marketing business and he was an individual who was trusted among his peer. At the start of his…

can be seen in a different light, which includes NPVP (net present value profile). NPVP is comprised of DPB (the discount payback), DPBI (the discounted payback index), and the MGR (the marginal growth rate). Financial models should always include…

raised at least an extra $5.143 million selling 195,000 additional shares. Eddie and his father pocketed an extra $3.2 million in stock sales” (S. Antar, “Crazy Eddie Fraud”). Usually a cut off test would be done but the lack of time caused this test to be put on the back burners. This over sight caused millions to be falsely earned, it is messing with the stock market. It’s unbelievable how a small series of events snowballs into such a mess.…

The client, Barae Pharmaceuticals had won a $2 million judgement against Bara Pharmaceuticals for the misuse of Barae’s name. Bara Pharmaceuticals had used Barae’s name inappropriately in the generic-label over-the-counter market. Bara, the defendant in the case, had closed down and filed for Chapter 7 bankruptcy when the judgement was entered. With the judgement entered and debt being incurred, the CEO and CFO of Bara had left the country and returned to South America. Additionally, the 125…

determine if the liquidated damage clause caused a penalty or not on the breacher 5.2 Expectation • The goal of the expectation damage would be to put MJC where they would have been had NSH performed. To do that you must take the difference of the market price at the time when the buyer learned of the breach and contract price (8,000*12= 96,000) together with any incidental and consequential damages, but less expenses saved in consequence of the seller’s breach. (§2-713) 5.3 Specific…

What are the major consequences of Wall Street Crash 1929? The last century witnessed a tragedy in global stock markets, initiated by the notorious Wall Street Crash 1929. This caused a big slump in the market values of shares across the world. This triggered off the Great Depression, and many other consequences. According to Frederick Lewis Allen’s Only Yesterday (1931), “The rich man's chauffeur drove with his ears laid back to catch the news of an impending move in Bethlehem Steel; he held…

Anderson, Fornell, and Lehmann (1994) say that companies that strive for high customer satisfaction are more likely to receive larger economic returns. They also know that these economic returns are not at once recognized. Matzler et al., (1996) argue that customer satisfaction act as an indicator of future business opportunities, where a satisfied customer is loyal to the company, which implies a stable future cash-flow. This is strengthened by Anderson, Fornell, and Lehmann (1994) who…

made during the reporting process. Particularly, three main choices had a significant impact on the valuation of IOs and will be further detailed: 1. Using a discount rate based on an internal model rather than using a model based public external market data available to discount future free cash flows. 2. Using the current LIBOR rate in order to project future free cash flows rather than the forward LIBOR yield curve. 3. Estimation of prepayments speed, impacting future cash flows and…

Solberg Manufacturing Inc was founded in 1968 by Charles H. Solberg Sr. It started by manufacturing tubular silencers. Currently the company manufactures Inlet Filter Silencers for Blowers and Compressors, Inlet Vacuum Pump Filters, Oil Mist Eliminators and various similar products. What makes Solberg stand out among its competitors and peers is its persistent commitment to the environment and tremendous efforts undertaken to lessen the environmental impact of their business. Being able to do…