The methodology of this paper adopts the document analysis and ratio analysis. The information regarding the board characteristics and the financial figures collect from annual reports which are published on the official website of target companies. The paper further analyses the statistics of each board in terms of the age, education level, gender of directors, board size and the proportion of executive and independent non-executive directors. Moreover, this paper uses the financial ratio of the target companies as their corporate performance.
This paper use the regression function of Excel to establish the linear equation regarding dependent and independent variables. More specifically, the average ROA of each e-commerce companies are set as dependent variables, and the age, gender, education level, board size and board composition are set as the independent variables.
3.1 Sample selection:
There are totally no more than 14 Chinese listed e-commerce companies. In order to clearly determine the research objectives, this paper has to explain that those companies, such as e-banks, are involved in the e-commerce services, while they are not classified into the e-commerce industry in the paper. This paper has totally selected these 14 listed e-commerce companies as research samples. These Chinese e-commerce companies mainly offer services in the mainland of China, but they choose to be listed on different stock exchange, such as Shanghai, Hong Kong, NASDAQ or New York
The following report is a brief comparative analysis of two of Australia’s largest deposit-taking financial institutions (FI), Australia and New Zealand Banking Group Ltd. (ANZ) and Westpac Banking Corporation (Westpac). This report seeks to identify which of the FIs has a greater aggregate return per dollar of equity and thus establish the highest performer, or most profitable, of the two. The Return on Equity Model (ROE) (Koch & MacDonald,
Nancy Pelosi could easily become the best thing that happened to the GOP this year. Under her failed leadership, we have managed to gain complete control of the White House, Senate, and the House for the first time since 1928. Not only can we thank Pelosi for this year’s elections, but we can go ahead and thank her for the 2018 elections as well.
Before starting a new business, several decisions such as its legal structure must be made first. Five basic entity types exist in which to structure a business. These types consist of sole proprietorships, partnerships, limited liability companies (LLC), C corporations, and S corporations. When determining the type of structure to use, comparison of different factors such as liability to the owners, taxation, and management
This paper examines financial ratio analysis by defining, the three groups of stakeholders that use financial ratios, the five different kinds of ratios used and their applications, the analytical tools used in analysis, and finally financial ratio analysis limitations and benefits.
The Alibaba group has thrived in the Chinese e-commerce sector from its inception in 1998. They currently account for over 70% of online shopping in China and delivered annual revenues of $636 million in the 12month period ending June 2009 (case p1-2). Alibaba’s successes are due to multiple factors that have allowed them to create corporate advantage, and thus establish market leadership in China (Case p1). The configuration and coordination of Alibaba’s
There are families that are living with more than just their family. When grandparents, aunts, uncles, brothers, and sisters live under the same roof, this is called multigenerational home. The benefit of living in a multigenerational home is that the family grows closer together, and has special bonds. The challenge of living in a multigenerational home is when you have to spend every single day with each other. In a multigenerational home it is a family household consisting of three or more generations, the challenge is respecting the elderly ones in the home, and the benefit is that the grandparents, if in good health and shape, can help with the children.
It is important for healthcare organizations to understand their present performance and weak areas in order to generate more effective operational strategies. Financial ratio analysis is an effective tool to determine hospital’s performance on several indicators such as ability to pay debt, capability to generate revenue, and sales performance etc. The objective of this paper is to describe role of different financial ratios in understanding organizational performance and in developing new strategy. The paper also presents comparative ratio analysis of local healthcare organization and industry
Founded just before the turn of the millennium in Hangzhou, China, Alibaba Group has to date become the largest online retail website worldwide in the planet, its total transactions surpassing the sum of both Amazon and eBay’s (Erickson, 2013). The report explains its business and operation model and market strategy, before moving to explore the reasons for Alibaba Group’s success such as its established market share in the large market of Mainland China and its efforts to promote the perception of the reliability and security of e-commerce. Comprising of its future plans in logistics improvement, expansion into developing nations, integration with social networks, venture into mobile
Ratios describe the various relationships among accounts in the balance sheet and income statement. Financial ratios are important and helpful gauges of how an organization is functioning. An organization’s financial health, potential revenue, and even possible bankruptcy can be garnered from financial ratios. Information derived from financial statements is used to calculate most ratios and make projections. “Ratios help investors and lenders determine the risk associated with lending or investing funds in an organization” (GE Financial Healthcare Services, 2003, para 1). According to Finkler and Ward (2006), “the key to interpretation of ratios is benchmarks. Without a basis for comparison, it is
course instructor Ms. Tarana Majid orally authorized the task of preparing the report to a group of student. She gave this report to learn the way to analyze the financial statements. To follow the syllabus of our subject so we have to do some relevant study based on our report. That’s why this topic comes forward.
Each of these financial ratios serve an analytical purpose to the financials of a company. The current ratio measures a company’s ability to pay off their obligations. This includes long term and short term. The acid test ratio is an indicator of whether a company has enough short term assets to cover its immediate liabilities. Times interest earned is a ratio that measures a company’s ability to meet all of its debt obligations. Profit margin is expressed as a percentage and measures how much of each dollar of a sales a company will keep in their earnings. Total asset turnover is a ratio that measures the efficiency of the use of resources within a company. It measures the ability to generate sales through the use of the company’s assets. Inventory turnover is a ratio to measure how quickly a company’s inventory is sold. It also measures how effectively investing into inventory is used within the company. Inventory turnover helps figure out if obsolete inventory is present or if pricing problems exist.
This reflective journal will focus on authentic leadership and its role in establishing an empowering work environment. I had realized there were patient safety concerns at the moment of handoff for many years. Once I took on a leadership role it became even more evident that nurse to nurse handoff is a critical point where errors can happen. As part of my daily routine, I round to get a feel for the department, staff, and patients. I began to notice that my first round of the day was always the longest and filled mostly with complaints from staff about how patients were left or issues about the previous shift. I also noticed that as a Clinical Flow Coordinator I would receive multiple calls throughout the day from either staff or management about how patients arrived at the floors. There were incident reports filled out, calls to management, and many emails about these various issues.
Read the case carefully and answer the following questions: 1.Till 2005, eBay EachNet was the leader in the Chinese e-commerce market, controlling more than half of it. But eBay EachNet soon lost its market leadership position to Taobao.com (Taobao). In this context, analyze the reasons that can be attributed to Taobao’s edge over eBay. 2.a. To enable people to trade with each other, Pierre Omidyar created a marketplace in September 1995 which was later called eBay. By mid 1997, eBay received one million page hits per
Many organizations industriously look for the opportunity to gain the competitive advantages in their industries. One of the opportunities that frequently used by the organization is the implementation of e-commerce. Thus, the e-commerce and the online sale transaction become popular in each industry. E-commerce provides many benefits, such as the saving of shopping time, the cost savings, convenience, and free from geographical constraints.
Ratio analysis is a very useful tool when it comes to understanding the performance of the company. It highlights the strengths and the weaknesses of the company and pinpoints to the mangers and their subordinates as to which area of the company requires their attention be it prompt or gradual. The return on shareholder’s fund gives an estimate of the amount of profit available to be shared amongst the ordinary shareholders; where as the return on capital employed measures an organization 's profitability and the productivity with which its capital is utilized. Return on total assets is a profitability ratio that measures the net income created by total assets amid a period.