Aishah Tatum Assignment 4 Financial Management Dr. Woo June 4, 2011 Info Systems Technology (IST) manufactures microprocessor chips for use in appliances and other applications. IST has no debt and 100 million shares outstanding. The correct price for these shares is either $14.50 or $12.50 per share. Investors view both possibilities as equally likely, so the shares currently trade for $13.50. IST must raise $500 million to build a new production facility. Because the firm would suffer
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ESP CHARTER INTERNAL AUDITING DEPARTMENT Published By: ESP CHARTER INTERNAL AUDITING DEPARTMENT INTRODUCTION: Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve ESP operations. It helps ESP to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. ROLE: The Internal Auditing Department is established by
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OM Scott Case This is the story of the leveraged buyout of Scotts Company by a private equity firm, Clayton and Dubiler (C&D). Scotts Company was acquired from ITT. ITT was a global conglomerate with major holdings in Telecommunications, Entertainment, Insurance, and industrial products. The following is extracted from a brief history of IT (http://www.itt.com/_docs/news/pubs/itt-history-book-2011-eng-spread.pdf) ITT’s origins span more than one hundred years from the second industrial revolution
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11/3/2008 FIN720 | Baitshepi Tebogo| 9302747|MBA | term paper | CAPITAL STRUCTURE AND DIVIDEND POLICY DISCUSSION: How does Standard Chartered Bank Botswana contribute to this discussion? | TABLE OF CONTENTS Abstract 3 Historical Background 4 Literature Review 6 Research Objectives 21 Methodology 22 Challenges 23 Methods 24 Data Analysis 25 Conclusion and Recommendations 27 References
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CEMEX: GLOBAL COMPETITION IN A LOCAL BUSINESS To make smart mid-term decisions, CEMEX must consider several potential threats in an industry that has the tendency to consolidate, intensify and stay hostile. Before acquiring and executing joint ventures in the current complex global environment, important risks should be considered. Those risks include foreign exchange risk, market risk, governmental and cultural threats while entering emerging markets, credit-risk exposure when financing its acquisitions
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James L. Go Return to GLOBE TELECOM INC Chairman, Chief Executive Officer, Chairman of Executive Committee, Member of Remuneration & Compensation Committee, Member of Audit Committee, Member of Nomination Committee, Chairman of Universal Robina Corporation, Chairman of Robinsons Land Corporation, Chairman of JG Summit Petrochemical Corporation, Chief Executive Officer of Universal Robina Corporation, Chief Executive Officer of Robinsons Land Corporation and Chief Executive Officer of JG Summit
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FIN/370 Week One: Defining Financial Terms 1. Finance: Is the study of how people and businesses evaluate investments and raise capital to fund them. The role of finance is to assist the corporation in money management. 2. Efficient Market: Is a hypothesis that suggests that market is fair in their pricing. The role of an efficient market is to make it so no person can make a huge return without being risker in their initial investment. 3. Primary Market: A primary market issues
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Jin-Mo Kim, John McConnell, Adair Morse, Amiyatosh Purnannandam, and participants of finance seminars at Rutgers University and State University of New York at Buffalo, University of Michigan, and 2008 China International Conference in Finance, and corporate strategy seminar at University of Michigan. We acknowledge financial support from Mitsui Life Financial Research Center at the
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What could good corporate governance have done for Enron? Corporate governance is policies and laws that affect the way a company such as Enron is run. The Enron scam was a scam that used mark to market pricing. Enron also hampered with the financial accounting statement by hiding information and not showing the true status of the company. In this way, Good corporate governance should have had a tighter control over the use of accounting policies. Also, anticipating profits (that Enron did)
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Home Page» Business and Management Fi504 Practice Case Study 2 Internal Controls In: Business and Management Fi504 Practice Case Study 2 Internal Controls SUBJECT: Evaluation of Internal Controls Mr. Smith, We have completed our assessment of LBJ Company’s system of internal controls. In addition, our firm researched the regulation regarding publicly traded firms in order to provide you with the most current information. Securities and Exchange Commission. “Official
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