Sainsbury's Financial Strategy Analysis Essay

Financial Strategy Analysis of Sainsbury plc.’s Financial StrategyWritten byJason Cates 0
2. © Jason Cates, 2012Reproduction for the following uses is authorised provided the source is acknowledged in-line with the Copyright, Designs and Patents Act 1988;Private and research study purposes, performance, copies or lending for educationalpurposes, criticism and news reporting, incidental inclusion and copies and lending bylibrarians. Further details of authorised use under the above Act is available from the UKCopyright Service.This publication may be made available online at SlideShare.net/AdrJasonCates for publicuse no earlier than 09:00hrs (GMT) on 21 January 2013 as deemed appropriate by theacknowledged source.This paper has referenced
Evaluate Sainsbury’s choice of sources of funds using appropriate theoryEvaluate Sainsbury’s dividend policy by using appropriate theoryRecommend an appropriate financial strategy for Sainsbury to be followed over the next 3years.Follow a report format.Use Sainsbury’s financial data for the last 3-5 years in order to evaluate Sainsbury’s financialstrategy.Use corporate life cycle theory to evaluate Sainsbury’s financial strategy.Use other relevant corporate finance theory (e.g. M&M, Lintner, etc) to evaluate Sainsbury’sfinancial strategy.Take into consideration the current economic climate when recommending an appropriate financialstrategy for Sainsbury. Also, your recommendations should be based on the findings of your analysisof Sainsbury’s financial strategy.Use appropriate referencingUse appropriate sources (for example, Sainsbury annual report, Refereed journals, Books). Do NOTuse sources such as Wikipedia, investopedia, etc.
ReferencesFinancial Times (2012a) Tesco PLC. Available at:http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=TSCO:LSE [Accessed: 7thDecember, 2012]Financial Times (2012b) WM Morrison Supermarkets PLC. Available at:http://markets.ft.com/research/markets/Tearsheets/Summary?s=MRW:LSE [Accessed: 7thDecember, 2012]Financial Times (2012c) J Sainsbury PLC. Available at:http://markets.ft.com/research/Markets/Tearsheets/Summary?s=SBRY:LSE [Accessed: 7thDecember, 2012]Hargreaves Lansdown (2012) Sainsbury (J) plc Company Overview and Comment. Available at:http://www.hl.co.uk/shares/shares-search-results/s/sainsbury-j-plc-ordinary-28,47p/research&ei=I7u_UIj1LtC10QWClID4DA&usg=AFQjCNFU4grqJmWscd7RFqf8h_b8jQmwQA[Accessed: 14th December 2012]HMRC (2012) Corporation Tax Rates. Available at: http://www.hmrc.gov.uk/rates/corp.htm[Accessed: 7th December 2012]Internet Retailing (2012) Sainsbury’s claims number two spot in online grocery market. Available at:http://internetretailing.net/2012/03/sainsburys-claims-number-two-spot-in-online-grocery-market/[Accessed: 7th December 2012]Johnson, G., Scholes, K. & Whittington, R. (2008) Exploring Corporate Strategy. 8th edn.Harlow:PearsonSainsbury (2009) Annual report 2009. [Online] Available at: http://www.j-sainsbury.co.uk/media/171784/ar2009_report.pdf [Accessed: 23rd November 2012]Sainsbury (2010) Annual report 2010. [Online] Available at: http://www.j-sainsbury.co.uk/media/171797/ar2010_report.pd [Accessed: 23rd November