MULTINATIONAL CORPORATION • Multinational entities have played a role in international trade for several centuries. • Multinational operations can be traced back several centuries to the British and Dutch trading companies. • After the above declined‚ the European overseas investments‚ mainly in the extractive industries dominated international trade. • The phenomenon as it is known today is the result of the lead taken by U.S. based companies in the post World War II period. Western
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Marriott Corporation: The Cost of Capital (Abridged) General Approach The company is split into 3 divisions Lodging‚ Contract Services and Restaurants. The WACC for each of the 3 divisions and then subsequently the entire corporation’s WACC need to be calculated. This will be done through calculating the WACC for each of the 3 divisions and then taking a weighted average of these 3 divisional WACC numbers to get the overall Marriott Corporation WACC. 1. Calculating the Beta a
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ACCG927 CURRENT ISSUES IN ACCOUNTING & Corporate Governance Week 1 Introduction and Overview of Accounting Theories 1 Introduction • • • • • • • • • • About the unit Teaching and learning strategy Assessments In-class essays Essay writing workshop Research essay Turnitin requirements Oral team presentation Required readings Importance of written answers each week 2 The Nature of Accounting & Corporate Governance Theory • What is a theory? Kerlinger‚ 1964: "A set of interrelated
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LAMOIYAN CORPORATION THE COMPANY Lamoiyan Corporation is the first Filipino company to succeed in penetrating the local toothpaste industry‚ long dominated by multinationals‚ with their own brand of toothpaste‚ Hapee. Since their formal inauguration in March‚ 1988‚ they were able to maintain a consistent quality standard on their toothpaste. Because of this‚ they have become patronized and loved by the Filipino nationwide. THE PRODUCTS They provide a variety of quality products for oral
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Danone Governance Structure Board of Directors dari Danone dipimpin oleh Franck Riboud yang juga menjabat sebagai Chief Executive Officer. Board of Directors terdiri dari 14 anggota‚ dengan delapan diantaranya merupakan anggota independen yang dipilih melalui rekomendasi dari Nomination and Compensation Committee. Di dalam Board of Directors termasuk diantaranya Audit Committee‚ Social Responsibility Committee‚ dan Nomination and Compensation Committee. Anggota dari Board of Directors per
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3. Cecilio K. Pedro – Lamoiyan Corporation “Fighting multinationals was very tough. At first‚ everyone thought I was crazy. They told me‚ how will I survive this? True enough‚ it’s by the grace of God that I’m still here in the toothpaste industry after 20 years. God is good‚” – Cecilio K. Pedro Cecilio K. Pedro is another Filipino businessman of Chinese descent but his story is not the typical rags-to-riches tale but about turning adversity into triumph. He earned his business management
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THEORIES OF LEADERSHIP There are eight major leadership theories 1. "Great Man" Theories Assume that the capacity for leadership is inherent – that great leaders are born‚ not made. These theories often portray great leaders as heroic‚ mythic and destined to rise to leadership when needed. The term "Great Man" was used because‚ at the time‚ leadership was thought of primarily as a male quality‚ especially in terms of military leadership. 2. Trait Theories It assume that people inherit certain
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had about unions were unions are corrupt‚ unions are violent during strikes and The United States would be more competitive if we got rid of Unions. The perception of unions leave a strong misconception of reality. These are organizations that have the potential to do a lot of good for the employee. Having little or no contact throughout my work career with unions‚ I find the overall mission to be positive. This naturally would create the doubt of the unknown. The misconception that unions are corrupt
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Week 6 - Trade unions Trade unions can be defined as an organisation set up by employees to assist them in the workplace. They have a significant influence on the wages and working conditions of employees. The main objectives of trade unions focuses on: employment relationships; negotiation of pay and employment conditions; training and education among employees and settlement of disagreement between the employer Unions negotiate with employers on the behalf of union member‚ until a
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Corporate citizenship is a term used to describe a company role in the society‚ many times people has changed the name for social responsibility of the corporations and in one way it´s true but we are missing a very important part in it definition‚ the part we are missing is that companies are like a citizen with a territory so they have their assets and they can sue or be sued‚ and when you seen the corporate citizenship like this you can understand that also the companies has all the rights that
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