Exhibit 2 – Peer Comparison * Tesco, Asda (which is a subsidiary of Walmart, based in US in UK), Sanisbury’s and Morrison are the top 4 major players in the UK food retail sector, with market shares of 30.45, 17.45, 16.1% and 11.5% respectively. Tesco, Sainsbury’s and Morrison are based in UK. * When compared with Sainsbury’s and Morrison, Tesco has more number of stores worldwide. Sole in UK, Tesco has 2,715 stores. * In terms of turnover, Tesco recorded GBP60,931 mio in FY2/2011
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Corporate Governance and Accounting Conservatism in China* Donglin Xiaa and Song Zhub,** b School of Economics and Management, Tsinghua University, China School of Economics and Business Administration, Beijing Normal University, China a Abstract A principal-agent relationship exists among creditors, shareholders and management, and information asymmetry among them leads to asymmetric loss functions, which induces conservative accounting. This paper investigates the determinants of accounting
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Securities, Commodities, and Financial Services Sales Agents Significant Points • Most positions require a bachelor’s degree in busi- • Applicants face keen competition for jobs, especially • Turnover is high for newcomers, but those who are successful have a very strong attachment to their occupation because of high earnings and considerable investment in training. in investment banks. ness, finance, accounting, or economics; a master’s degree in business
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Chapter 9 Topics include IFRS and the roadmap to adoption in the U.S., comparative corporate governance in various countries, global code of ethics, and international auditing standards. IFRS and the roadmap to adoption in the US - Single set of globally accepted accounting standards, from GAAP to IFRS - SEC permits foreign companies to use IFRS without reconciliation to US GAAP - SEC road map assumes IFRS will replace GAAP - SEC questions whether or not to mandate IFRS starting in 2015 o
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Executive Summary Our research on Padini Holdings Berhad reveals its overall position and history in the retail industry since 1971 as well as its vision and mission established to the accomplishment of their corporate goals. On top of that, the financial and strategic objectives set by the management to meet its goals are also outlined in the body of the report. Through the analysis of the financial statements, the liquidity position of the group can be gauged by using a number of measures
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Bond Law Review Volume 15 Issue 1 Special Issue: Comparative Corporate Governance 7-1-2003 Article 13 Corporate Governance in Malaysia Kamini Singam Recommended Citation Singam, Kamini (2003) "Corporate Governance in Malaysia," Bond Law Review: Vol. 15: Iss. 1, Article 13. Available at: http://epublications.bond.edu.au/blr/vol15/iss1/13 This Article is brought to you by the Faculty of Law at ePublications@bond. It has been accepted for inclusion in Bond Law Review by an authorized administrator
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Question 1: provide a definition/ description of strategic planning process, addressing the critical issues/questions the process takes into account. Answers (a) Strategic planning process is an organization’s process, which is designed to identify a long-term goal or direction to develop the organization, and put into practice. Strategic planning guides conversations about an organization’s purpose, helps integrate perspectives from multiple stakeholders, and provides the steps to develop goals
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2011 ANNUAL REPORT notice of annual meeting of stockholders and proxy statement Corporate Profile AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the United States. The Company also operates stores in Puerto Rico and Mexico. 1 52 155 23 53 40 67 478 38 104 84 181 157 119 67 62 59 79 85 547 112 98 180 14 221 144 26 101 6 45 233 121 70 13 129 20 37 71 15 69 1 34 19 5 2 6 1 30 233 Each store carries an extensive product line
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Procedure Cash Management Cash Management 1. DEFINITIONS............................................................................................................. 3 1.1. Cash Management ............................................................................................................................... 3 1.2. Cash Flow Analysis .....................................................................................................................
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International Finance Paper Leonel A. Santana FIN/419 October 11, 2012 Florentino Lopez International Finance Paper To comprehend how worldwide banking has made it easier for Wal- Mart to attain its growth plan, one has to understand the contents of the worldwide banking process. According to financial experts worldwide investment banking includes acquisitions, mergers, underwriting, distributing equity, debt, financial restructurings
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