A business, as John Mackey argued, has an obligation to serve the community, therefore, if an investment has more harms than benefits, it should not be made. The traces of E-coli found in KiraFlour’s products could be a form of corruption that the TCA, whose certification isn’t needed, uses to receive bribes. However, if E-coli is in their products, then the result would be detrimental to society, KiraFlour and AgreFund. Although not found in the due diligence process, the TFC found that KiraFlour was selling unlicensed products. While, corruption could again be behind this attack on KiraFlour, the consequences would be destructive if the report were true. Therefore, there is no way the loan can be given. By denying the loan, Jim is protecting the Tanzanians and AgreFund, and announcing that corruption has no place in business. Jim’s responsibility in Tanzania is to invest for financial, social and environmental value for each client. By giving KiraFlour the loan, Jim would be creating financial value for the company’s stakeholders, while creating social and environmental problems...
In this essay I would like to elaborate on the investment analysis of two companies, open a space of possibilities in discourse and practices in order to determine which of the two companies to invest in. The essay will commence with a brief overview of the two companies that are being considered. The latter part of the essay will explain and critique the financial position of the two companies and also the strategy and structure of the organization. For this purpose different financial tools will be used. The conclusion will be description and reasons for the company chosen to invest.
The Le-Nature Inc. scandal is the largest financial fraud that the Western District of Pennsylvania has ever seen (Gallagher, 2011). This elaborate pyramid scheme fraud was very similar to a loan-Ponzi scheme that cost lenders and investors $685 million when the company collapsed in 2006 (The U.S. Attorney’s Office, 2011).
Webb, P. (2005). The United Nations Convention Against Corruption: Global achievement or missed opportunity? Journal of International Economic Law, 8(1), 191-229.
During this case study we will evaluate a unique business transaction which is composed of good faith and fraud by undue influence with a minor. Don Willetts is not a Christianity, but with the encouragement of his wife Don is beginning to explore the faith. Don is the Oblige (Promisee) who owns a small, local health food store and is interested in growing the business by adding some new product lines. Don was interested in going into business with my families, high anti-oxidant qualities of Scuppernong grapes. As the Obligor (Promisor) I asked Don if he might be interested in promoting either the grapes themselves or the various products. The first shipment was delivered a few days
Askew Kabala’s goal is to continue to broaden our firm’s global reach and leverage our investment banking expertise within the Latin marketplace. As an established investment banking operation with access to the U.S. capital markets, we are confident our firm will have an accepting and interested number of prospective clients.
The primary concern for a business such as Brooke and Ridge in the early establishment stage is undercapitalisation with erratic, inconsistent cash flow shortages. This negatively impacts a business hindering its ability for development as well as its performance in a competitive market. In addition, financial aid is often not provided by large financial institutions as a result of their cautious nature towards new businesses. With ...
A corporation, like any organization of people, has civic responsibilities in terms of legal and ethical conduct. Monsanto, the worldwide agrichemical business, is the subject of much legal controversy. Considering the enormous impact of their perception as it is conveyed en masse, one ought to also venture a conjecture: What if the company is not only not malevolent, but is in fact comprised in the main, of people with moderate to strong ethics, motivated by a vision of bettering mankind. This cannot be explored without considering the actions that motivate the ranks from the vast array of Environmental and Social Justice groups who so vociferously oppose them.
JK breached the fiduciary duty that he should bear as a trader. Being a moral trader, JK should endeavor to pursue the best interests of clients. The act of cheating clients using the counterfeit portfolio allowed JK to pursue huge bonus while posing great harm to customers. This move violated the aforementioned business ethics.
Kagiso Trust was established in May 1985 when funded from the European Union & rescue’s Special Programme for Support of Victims of Apartheid. It grew from a small unit to a national operation and from 1985 to 1994 the Kagiso Trust had a readily accessible source of donor funding, mainly from the European Union. Though it was difficult to access these funds post 1994, In order to secure a sustainable source of funding and to leverage existing investments, Kagiso Trust Investment (KTI) was formed, which it capitalised with the modest reserves it had built up at the time and with a $5m loan from JP Morgan. KTI used these funds to acquire the radio and publishing assets which gave birth to Kagiso Media. It is now centred on three vital group structures being the Exhibitions & Events, Information Services and Solutions, and lastly Broadcasting (view addendum). These pillars eventually brought KTI its knees selling its assets but Kagiso Media kept the unit for future potential while increasing consumer confidence.
This chapter gives an introduction of the organisation where the writer conducted his attachment. In this case the Attachment was conducted at Ecobank Zimbabwe which is an affiliate of Ecobank Transnational Incorporated (ETI). This chapter will look at the core values of Ecobank, the vision, the mission statement as well as a brief description of the whole organisation at large.
There is need to think of all people who are to be affected by the project or strategy, those who have influence or power over it or have an interest in its successful or unsuccessful conclusion. Stake holders for Delta corporation include:-
17. That the defendant, M/s Sukan Rice Industries, 20/1 & 21, Nedunkulam Main Road, Chinthamani, Madurai – 625009, Tamil Nadu, is engaged in the same trade and business as that of the plaintiff, namely, manufacturing, marketing and processing of rice (hereinafter referred to as “the impugned goods and business). The Plaintiff is however not aware of the exact constitution of the defendant firm as also the name of its individual proprietor, partner or principle officer etc., as the case may be and they are called upon to disclose the same.
Deep in the Amazon Rainforest there was a land called Monos. Translated into English it means “Land of the Monkeys.” This territory was like any other; it consisted of the rich, poor, rulers, criminals, and ordinary citizens. This area was rich in resources. The water was pure, the dirt was clean and most importantly, and the vegetation was vast. Some of the monkeys took advantage of these large quantities of resources. One man who took benefited from these resources was Bob. Bob was the owner of Monos Tree Cutting Business. This business had become highly successful over the years and with his low prices the competition was minute. He was a very rich monkey and always did what the famous fortune teller, Rosalina, told him to do. Bob asked for financial advice and how he should go about running his business. Bob always said,
Sectors two and three, fails all three of the ethical principles framework. The utilitarian ethics of common good are not expressed in these types of accounts because taxes are not paid and the best companies do not win out. Instead the company with the most influence wins out leaving the domestic constituency with inferior products and less international taxation. Next, these two actions deny the rights of the parties to free actions because they are forced into action by bribery. Pulling out of contracts or forcing companies to pay customs reduce the party’s freedoms because their jobs are on the line, thus forcing compliance. Furthermore, these actions are not fair or just for all parties involved. Companies that cannot compete with other companies’ bribery are pushed to the periphery of the business world and accordingly loose sales. Thus, action is demanded to counter these two classifications of corruption.
In this essay,we have seen evidence that corruption leads to instability in the economy,increases the transactional cost,decreases efficiency, hinders the growth of a healthy marketplace and harms the social and economic development.Therefore,it’s fair to say that Corruption has had a serious effect on the Indian Economy.If left unchecked,India is bound to lose FDI investments as investors will lose trust in the economy. “Lost opportunities caused by corruption in regards to growth,jobs and investment; India has lost up to $45-50 billion a year”(Singh 2010).