of people become shareholders. However, in some companies, directors or majority shareholders misuse their power to maximize their own interests while exploiting minority shareholders. This phenomenon is more serious in proprietary companies since directors and majority shareholders don’t need to comply with ASX listing rules[1] and minority shareholders are unlikely to be provided a market to sell their shares. Ultimately, they have to sell their shares to majority shareholders in an unfair price
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a company's capital. It entitles its holder (the shareholder) to an equal claim on the company's profits and an equal obligation for the company's debts and losses. Two major types of shares are (1) ordinary shares (common stock), which entitle the shareholder to share in the earnings of the company as and when they occur, and to vote at the company's annual general meetings and other official meetings, and (2) preference shares (preferred stock) which entitle the shareholder to a fixed periodic income (interest)
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Group 2: Alex, April, Terry, Yuki Project 1 The Relationship and Social Responsibility of Shareholders to Stakeholders As the human civilization developing, the society is becoming increasingly controversial. Social responsibility as a sophisticated concept appeared in 20th century. Social responsibility means that a corporation or individual should be held accountable for any of its actions that affect people, their communities, and their environment. It implies that harm to people and society
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Breach of Duty Orm Jenkins Jr Grantham University In 1993, Dweck and Nasser (Chairman and controlling shareholder of Kids) and others purchased the assets of EJ Gitano. As part of the transaction, Kids was formed and designated for tax purposes as a Subchapter S Corporation so Kids' profits would be attributed pro rata to Kids stockholders (originally only Nasser). In 1994, Taxin joined Kids as Vice President
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Running Head: Social Performance, Part 1 Esmil O. Feliz Professor: Vincent Fordiani Business; Business and Society – BUS 475 Strayer University February 03, 2013 The company Draft Studios Incorporated is a medium size private organization which specializes in computer animation films and provides media trade show graphics on a small scale. Draft Studios Inc. provides animated realistic renderings by local artists to Hollywood producers and provides quality printed graphics
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called a freeze out merger or two tier merger) is a strategic merger transaction that is accomplished for the purpose of eliminating unwanted minority shareholders. A squeeze out merger can be to eliminate one or more minority shareholders. It is often used after a tender offer. If the tender offeror (the “Acquiror”) becomes a majority shareholder, but does not manage to acquire 100% of the outstanding shares, the Acquiror can use the squeeze out merger to gain 100% control. The structure of a typical
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stakeholder groups. [10 marks] Answers and commentary a) The employees of ABC Bank plc are an example of a stakeholder group. Define the term ‘stakeholder’. [2 marks] This is straightforward. But read the question – it is stakeholder NOT shareholder. If you are not sure which is which, read the rest of the question – even if they had not given you ‘employees’ as a hint, the fact that they ask for two other stakeholders should point you in the right direction. Answer: stakeholders are groups
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Danone’s Wrangle With Wahaha Isabella Tennant – 300276839 Danone began in Spain as a small yoghurt stand. It was successful, becoming the first industrial manufacturer of yoghurt. The Danone business kept expanding globally, having a presence in all continents. Danone began to sell many different products early on. In 1997 the Danone group decided to focus only on three worldwide business lines. These were Fresh Dairy Products, Beverages, Biscuits and Cereal Products. This focus meant that Danone’s
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and an operational leader, whereas UPS was know as the industry follower. UPS had problems with unionization, and FedEx did not. FedEx set a goal of producing “superior financial returns” meaning increasing earnings and maximizing value to shareholders. I also believe the lower price to earnings ratio of FedEx, 22.93 vs 29.01 and a higher EPS made FedEx a much more attractive stock to investors. With FedEx’s already strong position in China, expected to be the worlds largest economy in 2009
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The company I chose is Third Federal Bank. Third Federal Bank is a medium size public corporation specializing in the banking needs for a wide range of customers. The company provides services that fit the needs of all business groups. Third Federal Bank has approximately 2,000 employees and has annual revenue of $330 million with share price at $24.50 per share. The company is committed becoming the market leader providing the best innovative banking products and services while offering quality
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