Nike Nike was founded 1964 but was known as blue ribbon sports however this was changed to Nike. Inc. in 1971. Nike was founded by Bill Bowerman and Phil Knight. Nike is a global business that operates in over 120 countries with a total of 62,600 employees worldwide. The continents North America, central America, Europe and Asia. Nike is the world’s largest supplier of athletic shoes and sports equipment. Nike sells items such as football boots, sports equipment, clothing, and shoes. Its competitors
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if there internal stakeholders are happy they can then tell their friend/family about the company. 3- Shareholders Shareholders have a direct influence on an organisations aims and objectives. This is because shareholders want the business to increase the profits or the growth as it means that if Tesco makes a higher profit then the shareholders will get more money back. Shareholders are people that own some parts of the company and each year they get some of the profits that Tesco will make
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Danielle Fikes BUS 499 March 10, 2011 Assignment 5 1. Describe how successful the business has been at recognizing and satisfying stakeholder interests. The sisters of Harry McNeely and Don McNeely were stock holders and their interests were being completely ignored. Whether you are family or not, if an individual is a stock owner, their voice is to be heard considering they own part of the company that is bringing in income. According to definition, a stockholder is, "one who owns
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Estate of Leavitt v. Comm Facts: As shareholders of VAFLA Corporation, an S corporation, the appellants claimed deductions to reflect the corporation’s operating losses. The commissioner disallowed deductions above the $10,000 bases from original investment. The appellants contend that the adjusted basis in their stock should be increased to reflect a $300,000 loan. The loan was obtained by VAFLA from bank and was guaranteed by the shareholder-guarantors. VAFLA made all of the loan payments, principals
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seem to be a well-established business that would be financially stable to finance its activities using debt. Out and About plc could raise their capital because the gearing uses long-term debt, which is normally cheap, and reduces the amount that shareholders have to interest in the business. An advantage is that it will reduce interest payments, so more investment can occur elsewhere and the firm can have more cash flow to take on bigger and potentially more profitable projects. This would be helpful
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usually big wigs are reluctant to change their own culture of following rules to the letter like traditional big companies to an upbeat style of Southwest. Instead of satisfying customers, maximizing shareholder value takes priority and this choice could be detrimental to the divisions’ cause (shareholders may also not be happy at the prospect of operating at a loss); this case has been proved in the form of Continental Lite. When the bosses are fixed in maintaining their company’s own identity culture
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questionable reasoning used today by the courts in determining residence and source on companies incorporated overseas. The case of Crown is not dissimilar to that of Malayan Shipping Co, whereby an Australian resident (Mr Sleigh) the majority shareholder of a taxpayer company incorporated overseas, was considered to be the managing director and agent who alone could decide upon the entering of contracts by the company in Australia. The company was found to derive its income and have tax residency
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rather thanBlockbuster stock? Ans. Many Cityvision stockholder sell for cash rather than Blockbuster stock because – In cash transaction acquiring shareholders take all the risk that theexpected synergy value embedded in the acquisition premium will notmaterialize, where as when we deal is stock the risk is spread andshared with the acquired shareholders too.In a cash deal it is pretty clear who is acquirer and who is acquired,when it comes to stocks and the stock value can change at any time.A really
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banking source. The merger will make HDFC Bank the country’s seventh largest bank after Bank of India (BoI) and ahead of IDBI Bank, from the current 10th position. The merger talks between the two banks began in January 2008 after the principal shareholders of CBoP – Bank Muscat with 14.02 per cent stake, Sabre Capital with 3.48 per cent stake and Kephinance Investment (Mauritius) with 6.13 per cent — decided to exit. 1) HDFC Bank Board on 25th February 2008 approved the acquisition of Centurion
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Directors are the persons who manage the affairs of the company. They are collectively known as the Board of Directors or Board. If we assume the company to be a body, the directors are its brain. The directors are the elected representatives of the shareholders. Managing director: According to Sec. 2(26) of Companies Act, 1956, "a managing director means a director who, by virtue of an agreement with the company or of a resolution passed by the company in a general meeting or by its board of directors
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