please solve the (D E F )quastion , on PUMA comapnay ??
Objective: Assess the company's corporate governance structure and examine the relationships between different stakeholders in the business (stockholders, society, bondholders, and financial markets). Key Steps 1. Examine whether there is a separation between the management of a business and its owners. If so, assess how much power owners have in monitoring management and influencing decisions. 2. If the firm has borrowed money, either form banks or in the form of bonds, evaluate the potential for conflicts of interest between the equity investors and lenders and how it is managed 3. If the firm is publicly traded, examine how markets get information about the firm and investor reactions and assessments of the stock. 4. Evaluate the company's standing as a corporate citizen, by looking at its reputation (good or bad) in society. d. CEO and top management (1.5 mark): Look at the background of the CEO and examine how he or she got to the position. In particular, check for tenure (how long he or she been CE)), whether the CEO came up through the ranks or from another organization, his/her age and connections to the ownership of the company. If you can, ask the same questions about the rest of the top management team. . Who is the CEO of the company? How long has he or she been CEO? . If it is a family run company, is the CEO part of the family? If not, what career path did the CEO take to get to the top? (Did he or she come from within the organization or from outside?) How much did the CEO make last year? What form did the compensation take? (Break down by salary, bonus and option components) How much stock and options in the company does the CEO own? e. Board of Directors (1.5 mark): evaluate whether there is evidence that the board is willing to stand up to management Who is on the board of directors of the company? How long have they served as directors? How many of the directors are insider directors? (i.e. employees or managers of the company) How many of the directors have other connections to the firm (as suppliers, clients, customers..)? How many of the directors are CEOs of other companies? Do any of the directors have large stockholdings or represent those who do? f. Compensation Structure (1 mark): Find out how much the CEO/top managers were paid in recent periods and in what form (cash, restricted stock, options) and how these payments relate to company performance over the same periods (both in terms of accounting profits and stock prices). Objective: Assess the company's corporate governance structure and examine the relationships between different stakeholders in the business (stockholders, society, bondholders, and financial markets). Key Steps 1. Examine whether there is a separation between the management of a business and its owners. If so, assess how much power owners have in monitoring management and influencing decisions. 2. If the firm has borrowed money, either form banks or in the form of bonds, evaluate the potential for conflicts of interest between the equity investors and lenders and how it is managed 3. If the firm is publicly traded, examine how markets get information about the firm and investor reactions and assessments of the stock. 4. Evaluate the company's standing as a corporate citizen, by looking at its reputation (good or bad) in society. d. CEO and top management (1.5 mark): Look at the background of the CEO and examine how he or she got to the position. In particular, check for tenure (how long he or she been CE)), whether the CEO came up through the ranks or from another organization, his/her age and connections to the ownership of the company. If you can, ask the same questions about the rest of the top management team. . Who is the CEO of the company? How long has he or she been CEO? . If it is a family run company, is the CEO part of the family? If not, what career path did the CEO take to get to the top? (Did he or she come from within the organization or from outside?) How much did the CEO make last year? What form did the compensation take? (Break down by salary, bonus and option components) How much stock and options in the company does the CEO own? e. Board of Directors (1.5 mark): evaluate whether there is evidence that the board is willing to stand up to management Who is on the board of directors of the company? How long have they served as directors? How many of the directors are insider directors? (i.e. employees or managers of the company) How many of the directors have other connections to the firm (as suppliers, clients, customers..)? How many of the directors are CEOs of other companies? Do any of the directors have large stockholdings or represent those who do? f. Compensation Structure (1 mark): Find out how much the CEO/top managers were paid in recent periods and in what form (cash, restricted stock, options) and how these payments relate to company performance over the same periods (both in terms of accounting profits and stock prices)
