Ethics and Compliance - Starbucks Fin 370

Starbucks Corporation is a multinational coffee conglomerate that opened their first store in Seattle’s Pike Place Market in Seattle, Washington in 1971. Over the course of the next 40 years, Starbucks has grown in leaps and bounds in not only opening more stores domestically and internationally but also in selling a variety of some of the world’s best coffee and tea blends available. The selling of Starbucks products does not only happen in their stores, it also happens in grocery, convenient, and specialty stores across the world. With the growth of the Starbucks Corporation came the responsibility of ethical and financial compliance to their organization, their shareholders, and the multitude of government agencies they deal with alike. In the course of the following information, we will attempt to share how Starbucks handles their ethics and compliance of the organization within their financial environment, describe their ethical behaviors, identify how they comply with SEC regulations, and give an evaluation of the Starbucks financial performances for the past two years along with the trend of their financial health. In addition to this, we are going to give our interruption on how the financial markets work in the United States. The Role of Ethics and Compliance in Starbuck’s Financial Organization Starbucks Corporation is fully committed to practicing full compliance with the laws, rules, and regulations of each of the countries in which they operate. The Board of Directors oversees the exercise of corporate powers and ensures that the business and affairs are managed to meet the goals and objectives that have been put forth within the company. Starbucks contends they are committed to the highest ethical standards in all business transactions. They are adamant that all of their partners must follow all applicable laws, rules, and regulations while they are conducting any and all business related to the Starbucks Corporation.

References: http://www.starbucks.com/about-us/company-information Titman, S., Keown, A.J. & Martin, J.D. (2011) Financial Management: Principles and Applications, (11th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. http://investor.starbucks.com/phoenix.zhtml?c=99518&p=irol-reportsAnnual Business Ethics and Compliance. (n.d.). Retrieved September 22, 2012, from Starbucks: http://www.starbucks.com/about-us/company-information/business-ethics-and-compliance -http://www.sec.gov/Archives/edgar/data/829224/000119312510266333/d10k.htm -http://ycharts.com/companies/SBUX/debt_equity_ratio -http://www.physicians-billing.com/post/2011/11/02/Are-your-Average-Days-of-Receivables-Outstanding-Good-or-Bad.aspx -http://quicktake.morningstar.com/stocknet/efficiencyratios10.aspx?symbol=sbux-http://ycharts.com/companies/SBUX/chart#series=type:company,id:SBUX,calc:return_on_equity&zoom= 5&startDate=&endDate=&format=real&recessions=false -http://investor.starbucks.com/phoenix.zhtml?c=99518&p=irol-sec