Download file to see previous pages...
from the marriage of the managing director (then a saw mill owner) and a wealthy forestry owner from the north of England, in the phase of the current market situation a number reforms are about to be implemented base on the best option. This paper is therefore going to analyse the case thoroughly by looking at the main issues discussed in the case study in section 2 below; evaluating the management control system of Wooden Post Ltd as described in the case study in section 3 below; analyzing the case using agency and contingency theories in section 4; comparing and contrasting agency and contingency theory perspectives as well as looking at how the interpretation of the case differ from each theoretical perspective in section . This will require using certain financial analysis tool such as the Net Present Value and the Payback. The last section takes a decision and provides conclusion and recommendations
The Wooden Post Ltd case study raises some important themes. The case first of all highlighted the issue of cultural change. The main idea in the area included improving on its transportation system, reducing cost in other to boost the organization competitive position. Agency control is also highlighted in the case through the introduction of a new director’s incentive scheme and a fall in growth potentials.
Other problems raised in the case involve issues of corporate restructuring, contracting and outsourcing, employee’s redundancy. Under the present situation, management is now faced with the options of either merger and acquisition, joint venture or closure of some facilities. A couple of research has been carried out with the view to answer the two fundamental question as follows; (1) Does capital structure matters- can the total market value of a firm be increase or decrease by altering the mix of equity and debt? And, (2) if capital structure is relevant, what factors determine the optimal mix of equity and debt that would maximise the firm’s
...Download file to see next pagesRead More
In 1961 Sainsbury became the first food retailer to computerized distribution. Sainsbury in 1994 become the first major food retailer in the UK to sell fair-trade food. Today the company is very successful food retailer evidenced by the fact that in 2010 the firm had revenues of ?
To this end, the limited partnership restricts the liability of partners to their personal liability. Furthermore, the limited partners are restricted from participating in the daily operations and overall management of the business unless conceived legally as general partners (Steingold & Bray, 2001).
Accounting is the process of identifying, measuring, handling and communicating the financial information about different economic entities for being used by the concerned parties. How this information is used by the company and the persons handling the information helps in classifying it in managerial and financial accounting.
However, with an overall gloom and recessionary fears in the market, it is high time that we look into certain important policy matters failing which, it may not be able to restore its previous market leadership
Thus, the bond could be said to be selling at a discount.
d. The riskiness of a project is calculated by means of the variability in the returns from the project, which again is measured by the variance of returns. So, when the riskiness of two projects has to be compared,
For this purpose, cash budget is prepared by a company since cash budget is an extremely important tool used by financial managers for managing cash.
A cash budget is a schedule that shows cash receipts, cash disbursements, and cash balances
This was a driver that led to a bottom line growth from $112.0M to $161.0M in 2010.In the year 2010 South Western Airlines capital structure depended on an amount of debt that is analogous to the Airlines industrys standard, notwithstanding its growth throughout the
This ban has reduced the number of people who visit the bars and which in turn has led to a reduced level of volumetric sales of the company. Moreover, cheaper availability of alcohol in super markets must have resulted in a fall in
This directly means that the management should endeavour to maximize the shareholders’ return. Every given return on capital should be achieved by carefully looking to minimize any risk that is posed to the owners of the equity.
6 Pages(1500 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Managerial Finance for FREE!