We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

During the 10 years before the financial crash in 2007/8, nearly all large listed companies failed to reach pre and post-tax ret - Essay Example

Comments (0) Cite this document
Companies Failure to Reach Pre and Post-tax Return About a decade before the financial crisis, many listed companies failed to reach the pre and post-tax return on capital employed targets. Organization management played a crucial role in the organizational failure and frustrations of the institutional investors…
Download full paperFile format: .doc, available for editing
Polish This Essay96.6% of users find it useful
During the 10 years before the financial crash in 2007/8, nearly all large listed companies failed to reach pre and post-tax ret
Read TextPreview

Extract of sample
"During the 10 years before the financial crash in 2007/8, nearly all large listed companies failed to reach pre and post-tax ret"

Download file to see previous pages Flaws in the ethical dimension of the management led to unhealthy approach to organizational preparedness. Most of the listed organizations lacked strong governance and sustainability elements. The long-term economic, social and environmental performances were negatively impacted. This gave rise to poor operations and stakeholder communications in the listed companies. Sustainable companies tackle issues upfront. Most of the organizations failed to understand that their survival was bound by other factors other than economic. For the last ten years or more, organizational success has been function of environmental and social success (Thornhill et al 2003). Macroeconomic factors had a profound effect on investor and stakeholder confidence in the listed companies. Sustainable performance is a collection of economic, social and environmental results that all organizations to succeed in the long-term. It should be an integral part of the listed companies. The effectiveness of sustainable performance in the companies was compromised by the poor stakeholder communications (Braksick 2007). Most of the listed companies had sustainability programs which were never deliberated at the organizational level. ...
Technology and innovation was creeping into the market (Thornhill et al 2003). Therefore, some stakeholder contributions were perceived to be less important. Coupled with market dynamics, rising globalization and resistance to change, it increasingly became clear that pre and post-tax return on capital targets were hard to be achieved. Most of the listed companies lacked the necessary creativity and innovation to respond to the strategic needs of the organizations. Rather, most of the listed companies focused on traditional approaches for organizational management. Traditional approaches are primarily focused on understanding the micro business performance solely (Drummond 2009). This created insufficiency in achieving the targets set by institutional investors (Thornhill et al 2003). Managing listed companies demands creation and optimization of stakeholder value. A major objective of the management must to win stakeholder confidence since this is likely to attract increased revenues. The management of listed companies must be constituted and structured to achieve the balance between conformance and performance (Thornhill et al 2003). Over the last decade before the beginning of the 2008 financial crunch, many stakeholders were not conversant with the organizations’ business models (Davis at al 2001). This involved operating environmental and creation of sustainable stakeholder value. Studies show that stakeholder involvement in vital in achieving the organizational targets. Most of the listed companies had weak institutional capacity to ensure periodic measurement of the organizations strategic direction. This made it difficult to take drastic measures when the organization was heading in the wrong direction. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“During the 10 years before the financial crash in 2007/8, nearly all Essay”, n.d.)
During the 10 years before the financial crash in 2007/8, nearly all Essay. Retrieved from https://studentshare.org/management/1471114-during-the
(During the 10 Years before the Financial Crash in 2007/8, Nearly All Essay)
During the 10 Years before the Financial Crash in 2007/8, Nearly All Essay. https://studentshare.org/management/1471114-during-the.
“During the 10 Years before the Financial Crash in 2007/8, Nearly All Essay”, n.d. https://studentshare.org/management/1471114-during-the.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
The Effects of All Three Categories of Strokes on Children from 2 to 10 Years Old
This definition although suitable for stroke in adults does not ideally apply to children. Stroke can be broadly categorised into two types, Hemorrhagic stroke and ischemic stroke. Ischemic stroke is the more common of the two, with 85% of all strokes in adults being ischemic.
8 Pages(2000 words)Essay
In this age of globalisation, while it is absolutely necessary for large listed companies in different countries to prepare fina
Cost accounting is the precursor to management accounting. Cost accounting has been developed because of the limitations of financial accounting in the areas of management control and internal reporting. Management accounting refers to managerial processes and techniques used for adding value to the businesses.
9 Pages(2250 words)Essay
Regulation of financial reporting by large listed companies in the UK
There are some opinions in favour and others against IFRS. An effort has been made in this write up to analyze various issues and opinions, both for and against IFRS and the
8 Pages(2000 words)Essay
An Empirical study of determinants of capital structure of non-financial companies in Egypt before and after the financial crisis
Similarly, the economy of countries like Russia has also been affected and Government intervention prevented the further decline in economic activity. This indicates that the cross border affect of the
11 Pages(2750 words)Essay
Question: Why was Istanbul so special during the 16th and 17th century before it failed as a global city in the beginning of the 20th century
The other factors are the geographical location of cities, infrastructural developments in the city, and presence of diverse cultures. Istanbul is one of
4 Pages(1000 words)Essay
Discuss with reference to current working practice how the implementation of good risk management practice on the part of the engineer during both pre and post contract phases of a construction project can minimize financial risk and subsequent costly con
This implies that severe precautions necessitate to be observed with regards to the details of the presumed contract. These precautions will ensure the smooth transition of the contract
10 Pages(2500 words)Essay
2007-2009 Financial Crisis
Thesis statement: The 2007-2009 Financial Crisis resulted in unemployment, banking collapse, and decline in international trade. As pointed out, the financial crisis of 2007-2009
1 Pages(250 words)Essay
Publicly-listed companies
Defining ethical behavior, then, means that a set of character that conforms to a society’s accepted principles of either right or wrong. To an organization, unethical behavior that which is violating the organizational
4 Pages(1000 words)Essay
Post 10
For instance, in my own understanding I can claim that it is easier for a person from a different race like me to be stopped or remain unattended to because of not being White. Additionally, some
1 Pages(250 words)Essay
Mutual Funds Pre and Post Global Financial Crisis: A Perspective on the impact on performance
anager who makes investments using the fund’s capital in an attempt to produce capital gains and income, and in a manner consistent to the investment objectives stated within the fund’s prospectus. In exchange for the benefits of mutual funds, investors implicitly accept
30 Pages(7500 words)Essay
Let us find you another Essay on topic During the 10 years before the financial crash in 2007/8, nearly all large listed companies failed to reach pre and post-tax ret for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us