Group Project 3a. Since the 1990s the EU have been able to encourage the expansion of low cost carriers (LCCs). The EU has done this by offering cheap flights to customers with exchange for eliminating many passenger services. This has managed to attract customers and this allowed LCCs to successfully compete with other major airline industries such as British Airways. Many customers did seem more concerned about the cheap flights rather then the service they receive and this enabled the EU to
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DQ # 4 Takeover refers to a situation where a company seeks to acquire another to expand product breadth, geographic or customer base or it might want to expand and diversify into related or unrelated product markets, pursue undervalued resources, or manipulate financial indicators, including risk profiles, performance variability, and financial leverage (Pearce & Robinson, 2004).On the other hand, hostile take-over involves an outside entity, making a tender offer to shareholders
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Frias, 4200 Porto, Portugal. Tel. (351)-22-5571100, Fax (351)-22-5505050. E-mail: jfarinha@fep.up.pt. CORPORATE GOVERNANCE: A SURVEY OF THE LITERATURE ABSTRACT This paper reviews the theoretical and empirical literature on the nature and consequences of the corporate governance problem, providing some guidance on the major points of consensus and dissent among researchers on this issue. Also analysed is the effectiveness of a set of external and internal disciplining mechanisms in providing
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1 ACQUISITIONS AND TAKEOVERS When analyzing investment decisions, we did not consider in any detail the largest investment decisions that most firms make, i.e., their acquisitions of other firms. Boeing’s largest investment of the last decade was not a new commercial aircraft but its acquisition of McDonnell Douglas in 1996. At the time of the acquisition, Boeing's managers were optimistic about the merger, claiming that it would create substantial value for the stockholders of both firms. What
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| Contents Introduction 1 Why Ethics Matters 1 Ethics and Ethical Dilemma 2 Creating an Ethical Environment 3 Reasons for Unethical Behavior 4 Ethical issues in Finance 4 Financial Statement 5 Fictitious Revenues 5 Off-balance Sheet Financing 5 Hidden Reserves 5 Hostile Takeovers 6 Insider Trading 6 Introduction Ethics in general is concerned with human behavior that is acceptable or "right" and that is not acceptable or "wrong" based on conventional morality.
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Introduction It all kicked off on 6 June 2003, when Oracle ambushed PeopleSoft with a hostile takeover bid valued at $5.1 billion just four days after PeopleSoft agreed to a $1.8 billion deal with J.D. Edwards. The acquisition fight lasted over 18 months and has become a staple in business and law school case studies. PeopleSoft specialized in Enterprise Resource Planning (ERP) software solutions. It was very strong in human resource software and other back-office functions, competing with
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advise clients on their debt management and structure and is a demonstration of how active debt management can affect a firm’s performance. The case examines Union Carbide Corporations approach to debt management and shows the relationship between financial practices, banking relationships and the necessity for banks to understand their client’s current situation and needs. At the time of the case Union Carbide had transformed from a Fortune 500 company with $9.1 billion in revenues in 1983 with a
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stability of Australia’s financial system. However, other oppositions might say that we just lost a great opportunity to access global capital markets. They believed that we have to move towards globalisation to be more open-minded. It is undeniable that one government decision could be attracted two different views by the members, like everything else; it has its own benefits and harms. As Mr Swan said that the deal was not right enough to grow Australia’s role as a financial services hub in Asia and
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L E Y B A N G A LO R E S IN G A PO R E M U M B A I- B KC NEW DELHI M U N IC H Public M&As in India: Takeover Code Dissected A detailed analysis of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 August 2013 © Copyright 2013 Nishith Desai Associates www.nishithdesai.com M&A Lab Takeover Code Dissected About NDA Nishith Desai Associates (NDA) is a research based international law firm with offices in
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Oracle – PeopleSo- Takeover Contents • • • • • • • • • • • Introduc-on Products Market Structure Why PeopleSo8 Oracle’s / PeopleSo8’s View Timeline of the Acquisi-on Pre-‐Merger Post-‐Merger Defense / An-defense Strategies A8er Takeover Conclusion Oracle -‐ PeopleSo8 Takeover 2 Introduc-on • The acquisi-on would
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