CHAPTER ONE
INTRODUCTION
1.0 INTRODUCTION
This chapter explains about background of study, background of the companies, problem statement, research objectives, significance of study, scope of study, operational definition, structure of thesis and conclusion.
1.1 BACKGROUND OF STUDY
1.2 BACKGROUND OF COMPANIES
1.2.1 PN17 COMPANIES
1.2.1.1 AUTOAIR HOLDINGS BERHAD
Autoair Holdings Berhad was establishing in 1989 and located at Kuala Lumpur. The principle activities of the company involve manufacturing, trading and distribution of automotive air conditioning parts and accessories. The company commits to deliver customer satisfaction in product quality, reliability and services.
1.2.1.2 BINA GOODYEAR BERHAD
Bina Goodyear Berhad (BGB) is established in 1983 and gain reputation as a strong standing contractor. It was listed in the main board of Bursa Malaysia and fall under construction sector. The landmark of government project that was completed by BGB such as Selangor State Mosque, International Islamic University and various project in the Special Administration Region of Putrajaya.
1.2.1.3 ECM LIBRA FINANCIAL GROUP BERHAD
ECM Libra Financial Group Berhad is actually the listed holding company under ECM Libra Group. It begin in 2002 and known as a financial service group. ECM is one of the financial service company that aim to provide flexible and effective solutions to meet customer financial and investment goals.
1.2.1.4 HIGH-5 CONGLOMERATE BERHAD
High-5 Conglomerate Berhad was start up its business in 1996. The main activities involve in bakery manufacturing, sales, and distribution of bakery and telecommunication products and wholesale or logistics of bakery ingredients. High-5 Conglomerate is also known as Silver Bird Group...
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...to show the true picture of the facility by ensuring that accounting and financial report are revealed professionally.
Besides using financial ratios and Altman’s Z-score in predicting financial distress of companies, some researchers also use other methods such as logistic regression. According to Shuk (2005), several prior researchers used logistic regression in recent financial distress studies. Logistic regression is suitable method when dependent variables (financial and non-financial distress) and independent variables are metric variables. It is a combination of multiple regression and discriminate analysis, he added.
In addition Haat (2006) in his study found that, the advantage of using this logistic regression is it being less affected and more vigorous than multiple discriminate analysis when the prediction of the multivariate normality is not match.
...are accountable to a board of directors and shareholders and publish annual reports that are public record so to make sure there financial standards are on the up and up.
The case is about the turnaround program of French-Dutch airline, Air France KLM. The airline was formed through a merger of French and Dutch carriers in 2004. The case describes the cross border alliance and the airline's good performance in the initial years post merger. However, from 2009, the company was struggling to remain competitive in the changing global aviation industry. According to some analysts, the differences in culture and management styles of both Air France and KLM became a hindrance to the realization of the synergies of this partnership.
In the year 1929 Albert and Arthur Mooney came together and they started an Aircraft Company known as Mooney Aviation Company in Texas. This research paper will examine this Aircraft Company from its initial operation in the global air industry and how it has been operating with all the ups and downs posed by technological and economic changes across the globe. Typically, Mooney Aviation Company is a privately owned company that aims at making profits, offering the best or high quality airplane services to its clients. In addition to this, Mooney Aviation Company encourages its employees to be creative and innovative thus enhancing their personal growth. Apart from being friendly, Mooney Company treats its employees with a lot of care, respect, and warmth thus enabling them to offer quality services to their clients (Ganson, 2014).
The aim of this paper is to explore and critically analysing two research articles. The critical analysis will explain the importance of the study, evaluate design and research method used in those articles. To identify any gaps it will provide the literature review in those researches and possibility for the new study. The project plan, for the possible research will be developed on a potential gaps and the essay will finish with the conclusion.
BNP Paribas is bigger than BNL, both in terms of size & activities. BNP Paribas is a European leader in banking and financial services, with a significant and growing presence in the United States and leading positions in Asia. The Group has one of the largest international banking networks, a presence in over 85 countries and 169,800 employees including: 130.000 in Europe & among whom 19.700 in Italy and 64.100 in France and in the Overseas Departments; 15.000 in North America (BancWest) and 9,800 in Asia. BNP Paribas is also a constituent of the CAC 40 index in France.
... standard and help to reduce the preparer cost. And it has also enhanced the financial statements decision usefulness and make the organization prepare for expanded disclosure requirements.
the massive topic on the article was the transnational company 3M, analyzing the strategy of the corporate and the way economical or inefficient it 's. the corporate applied “Six Sigma” recently; this had each a positive and a negative impact on the corporate. Positive as a result of it “enhanced short-run profitability” of the corporate; the negative is it reduced the financial gain from the new merchandise the company created. this can be particularly negative for a corporation like 3M as a result of they 're identified to be innovative even within the manner they orient the corporate culture this being “Entrepreneurial orientation”. The analyses for the corporate embrace the Background analysis, Internal Analysis, External Analysis, Gap Analysis, and therefore the government Assessment Survey.
Founded by Bruce D. Henderson in Boston, Massachusetts in 1963 to be the Management Consulting Division serving the Boston Safe Deposit and Trust Company; The Boston Consulting Group (BCG) is now a global management consulting firm which is the world’s leading advisor on business strategy (BGG, 2014). With at least two offices at each continent, BCG is a private company that serves those in public, private as well as not-for-profit sectors. Some of the areas in which BCG provides it’s services to are, but not limited to, postmerger integration, transformation, strategy information technology and management in a two-speed economy (Bloomsberg, 2014). This year, The Boston Consulting Group earned the honor of being placed 3rd on the list of the “100 Best Companies to Work For”, falling just behind Google and SAS.
At the time of its collapse, Baring Brothers & Co., Ltd was the longest established merchant banking business in the City of London. Since the foundation of the business as a partnership in 1762 it had been privately controlled and had remained independent. In 1890 Barings Brothers was founded. In November 1985, Barings plc acquired the share capital of Barings Brothers and became the parent company of the Barings Group. In addition to Barings Brothers, the other two principal operating companies of Barings plc were Barings Asset Management Limited (BAM), which provided a wide range of fund and asset management services, and Baring Securities Limited (BSL), itself a subsidiary of Barings Brothers, which generally operated through subsidiaries as a broker dealer in the Asia Pacific region, Japan, Latin America, London and New York. Barings Brothers acquired Barings Securities Limited from Henderson Crosthwaite in 1984. BSL was incorporated in the Cayman Islands, although its head office, management and accounting records were all based in London. BSL had a large number of overseas operating subsidiaries including two, Baring Futures (Singapore) (BFS) and Baring Securities (Japan) Limited (BSJ).
After discussions, a multiple discriminant analysis (MDA), a statistical technique, was chosen. MDA was used primarily to classify and make prediction in problems where the dependent variable was in qualitative form, e.g. bankrupt or non-bankrupt. The primary advantage of MDA was its ability to sequentially examine individual ch...
One of the most debatable topics in the accounting industry today is the extent in which we should make the financial statements understandable to the general population. The FASB currently gears its reporting standards toward...
Organizations use financial statements and ratio analysis assess financial performance viability. The ratio analysis are used to identify trends and to perform organizational comparison (financial) with other companies within same industry. Ratio analysis, using data reported on the financial statements, are divided into five major categories: common size, liquidity, solvency, efficiency, and profitability. This paper will assess the financial stability of John Hopkins Hospital (JHH) using the five ratio analysis.
The companies I have selected for this assignment is Malaysia Steel Works (KL) Bhd (5098) and Kossan Rubber Industries Bhd. (7153), both of the company is from industrial products sector and its share is traded in main market.
In this study we analyses the company using a S.W.O.T analysis, P.E.S.T analysis and Porter¡¦s Five Forces.
In conclusion, while selecting articles to use for this research, these particular articles proved to be very useful. They both met the criterion for the purpose of research information, as well as having current information on the topics.