Enron Sharon R. Duncombe Professor Jamila Harris Business Law I – LEG 100 May 2, 2010 1) Describe how Enron could have been structured differently to avoid such activities. One of the reasons why the corporate governance system failed at Enron was because of the lack of good communication between the Board of Directors (BOD) and Top Management in Enron’s affairs. Various committees of the BOD were not doing your job, by not overseeing effectively the action’s of the company. “A good
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GMI (Governance Metrics International) for MINDTREE Research Methodology GMI rating criteria are based on securities regulations, stock exchange listing requirements and various corporate governance codes and principles. Among the latter are principles promulgated by the OECD, the Commonwealth Association for Corporate Governance, the International Corporate Governance Network and the Business Roundtable. In addition, we have sought the views of various corporate governance and legal advisors
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Question 1 - Should Ms. Stark Revise her recommendation to her clients? Ms Stark currently has a HOLD recommendation on the FPL stock. Such a recommendation was developed on the analysis of the company’s fundamentals and on the forecasted future cash flows that the company will generate in the following years. As an equity research analyst, Ms Stark must have considered all the factors that can impact future cash flows and has provided a medium to long term price target and corresponding HOLD
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10/1/2012 Strategy – Ratio Analysis (Boston Beer) Analysis Observation #1) From our table, it is clear that Pete’s and Boston Beer have a higher Return on Equity than that of Coors, Anheuser Bush, and Red Hook. The reason for this difference is because Pete’s and Boston Beer have much lower shareholder equity than the other breweries. Pete’s and Boston Beer utilize contract brewing instead of investing in their own breweries like the other corporations and because of that, they have fewer assets
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Liability = Money you borrowed. - When you pay it back in less than a year = current liabilities (have to pay back within a year) - When you pay it back in more than a year = long-term debt Bond = emprunt, obligation, bon. Equity = common stock = capital Income statement Sales - cost of goods sold - expenses - depreciation expenses = EBIT or Operating Income - taxes = Net Income Net Income = dividends + retained earnings NI/NI =1 1 = dividends payant ration + retention
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During his reign as CEO, Dennis Kozlowski, who was reported as one of the top 25 corporate managers by BusinessWeek, siphoned hordes of money from Tyco, in the form of unapproved loans and fraudulent stock sales. In early 2002, the scandal slowly began to unravel and Tyco's share price plummeted nearly 80% in a six-week period. Kozlowski was convicted of crimes related to his receipt of $81 million in unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million
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Financial Analysis of PepsiCo By Juan Gallegos, Jr. Chief Financial Officer Current Ratio Our current ratio is .96; this ratio measures a company’s liquidity and its ability to meet its short-term debt obligations. By comparing a company’s current assets with its current liabilities, the current ratio reflects our ability to pay upcoming bills in the unlikely event of all creditors demanding payment at once. Our number indicates that we should be able to get $0.96 for every dollar we owe
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Student Name: Student ID Number: THE UNIVERSITY OF NEW SOUTH WALES JUNE / JULY 2006 FINS1613 Business Finance – Final Exam (1) TIME ALLOWED - 2 hours (2) TOTAL NUMBER OF QUESTIONS - 50 (3) ANSWER ALL QUESTIONS (4) ALL QUESTIONS ARE OF EQUAL VALUE. (5) THIS PAPER MAY NOT BE RETAINED BY CANDIDATE (6) CANDIDATES MAY BRING A PENCIL AND ERASER TO THE EXAMINATION. CANDIDATES MAY NOT BRING THEIR OWN CALCULATORS (7) THE FOLLOWING MATERIALS WILL BE PROVIDED
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Communications Annual Report 2011-12 Profile Reliance Communications Limited Reliance Communications Limited is the flagship Company of Reliance Group, one of the leading business houses in India. Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The Company, with a customer base of 161 million as on March 31, 2012 including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number
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Mr. Evans first concentrated his efforts on expanding CCI’s revenues on existing routes through an intensive marketing effort and a renewed emphasis on improving service. In 1982, utilizing the proceeds of CCI’s initial public offering of common stock, Mr. Evans began a program designed to reduce operating costs through a combination of extensive computerization of operations and improvement in terminal facilities. As a result of these changes, CCI became a large and profitable concern, widely respected
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