Part of Citicorp i-flex started as a division in CITICORP (now Citigroup)‚ wholly owned subsidiary called Citicorp Overseas Software Ltd. (COSL) in 1991. Mr. Ravi Apte carved out a separate company Citicorp Information Technologies Industries Ltd. (CITIL) out of COSL and named Mr. Rajesh Hukku to head CITIL. While COSL’s mandate was to serve Citicorp’s internal needs globally and be a cost center‚ CITIL’s mandate was to be profitable by serving not only Citicorp but the whole global financial
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means this person is probably a primary stakeholder. The Shareholders(Correct) The stakeholder theory acknowledges the importance of shareholders and that maximizing shareholder value is one of the company’s primary purposes. However‚ it is important to remember that shareholders should not be considered the only stakeholders of any consequence. The Shareholders(Correct) The stakeholder theory acknowledges the importance of shareholders and that maximizing
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results to meet its financial objectives The 3 stakeholders are : • Capital Market Stakeholder is shareholders and lenders that expect the firm to preserve and enhance the wealth they have entrusted to it and the returns are commensurate with the degree of risk accepted to hence their wealth to be maximized. Dissatisfied lenders may impose stricter in borrowing of capital and dissatisfied shareholders may reflect their concerns by selling off their stocks. By keeping its interest of both stakeholders
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capital. According to Paid in Capital vs. Earned Capital (1997-20012)‚ “Earned capital is also called retained earnings‚ earned capital is the portion of net income that companies choose not to distribute as dividends.” Paid-in capital represents the shareholders investments‚ and earned capital comes from profits made by the company’s operations. Keeping these two capitals separate is important to show profitability from company operations. A company can have a profitable year because of investments from
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Lincoln Electric’s tradition of innovative solutions‚ technological leadership and commitment to customers‚ employees‚ and shareholders stems from the vision of its founder‚ John C. Lincoln and his brother‚ James F. Lincoln. The Lincoln Electric Vision We are a global manufacturer and the market leader of the highest quality welding‚ cutting and joining products. Our enduring passion for the development and application of our technologies allows us to create complete solutions
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Supplier Responsibility Report‚ which states that Apple can take action against those who violates the rules and laws. Apple Inc. is the top company in the USA‚ and when it comes to decision-making Apple involves their shareholders and investors. By providing feedback to the shareholders and customers‚ Apple will have the record of their success and
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1) Why has the unique ownership structure of Spiegel been created? What problem was it designed to solve? Which problems have been created? How could the problems be solved? In late 60s particularly in Germany and France there was sociopolitical upheaval and leftist student rebellion against government and perceived authoritarianism. First‚ in Germany the rival magazine Der Stern witnessed a similar uprising where staff achieved to stop a deal that management of the company was about to engage.
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the price of Volkswagen shares. Porsche tends to buy the Volkswagen shares as much as possible in order to increase the price of Volkswagen shares. Porsche would like to increase the price of Volkswagen shares in order to direct the Volkswagen shareholders that Porsche want to takeover Volkswagen. It then makes sense to the public that Porsche want the share of Volkswagen. From here‚ Porsche shorted huge amounts of Volkswagen shares by borrowing from the existing owners. Then‚ Porsche started to
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share exchange ratio and Edelweiss Financial Services Ltd. provided a Fairness Opinion to ING Vysya. Accordingly ING Vysya shareholders will receive 725 shares in Kotak for 1‚000 shares of ING Vysya. The share exchange ratio
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Financial Stakeholders/Non-Financial Stakeholders At PepsiCo‚ there are a number of financial stakeholders which include the likes of; stockholders (shareholders)‚ Board of Directors‚ employees‚ managers‚ suppliers‚ and the government. The government is listed as a financial stakeholder because of the salaries of the large number of individuals who are employed by PepsiCo. This puts the government in the category of financial stakeholder because of the great amount of taxes from the business
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