VOIR brand was established in the late 1970s by the Seow family. On 14 April 1988, VOIR Group Executive Chairman and his mother founded Kumpulan Voir Sdn Bhd to undertake the expansion of the VOIR brands business. Its have 6 operating subsidiaries, own brands such as VOIR, Applemints, SODA, South China Sea, G&H, and NOIR. It also holds the exclusive license to distribute 2 international sports, leisure and lifestyle brands, Diadora from Italy and Chiemsee from Germany. VOIR, Applemints and So...
This report has been taken from businessweek and is written by David Bogoslaw. He is a graduate form the University of Columbia. His main field of research and reporting includes energy, chemical industry, science and culture. The basic aim of this report is to identify the loopholes in financial reporting and find solutions to improve the transparency in it. In the wake of current crisis the report has much importance as some of the causes of this recent turmoil I context of financial report...
Now a day's financial manager play a vital role in solving difficult problems in management. Present views in financial management deal a new meaning in decision making policy in the management. Presenting usefull data is the chief purpose of accounting, which is useful for the person within the organization i.e.; owners, management, employees and also outside the organization i.e.; investors, creditors, government, consumers, etc. Financial accounting is concerned with record keeping directe...
The degree to which a company or an investor utilizes the borrowed money is known as leverage. Leverage is a very commonly used term in all fields in the world. Relating it to physics, leverage denotes the use of a lever and a small amount of force to lift a heavy object. Similarly, in Business leverage refers to the use of a relatively small investment or a small amount of debt to achieve greater profits. That is, leverage is the use of assets and liabilities to boost profits while balancing...
As the financial crisis bites on, financial institutions appear to be worst-hit. A large number of them around the world have either been taken over or merged with another financial institution; nationalized by a government or central bank; or declared insolvent. Many banks in the US have been bankrupt, filed for bankruptcy or closed and received by the Federal Deposit Insurance Corporation, FDIC. The financial crisis 2008Â observed the collapse of American giant financial institutions which ...
Introduction In recent years, with the development of cross-border stock trading in worldwide, stock exchanges have increasingly been merging in each other. For example, in 2000, Euronext was formed by six European countries' stock exchanges and in 2011 NYSE and Deutsche Börse announced their merger to form a new company. The Australian stock exchange is not an exception. Singapore stock exchange made a $US8.4 billion offer Australia in an effort to merge with ASX last year. The merger a...
The company is the India's largest automobile producing industry in the country. The company is having 24000 employees all across their units. The company was established in 1945 and enrolled its first vehicle in Uttar Pradesh in 1954 and taking over fiat in 1954. It is the first Indian automobile company which is listed in the New York stock exchange in September 2004. The company has many mergers and accusations with other foreign companies like jaguar, land rover, and fiat to enter the for...
Abstract The main aim from this project is to analyze manufacturing company in term of ratios analysis and common size analysis. We took Volkswagen Group as a manufacturing company and we try to know what are the line business, major competitors, and the goals of Volkswagen Group. Then we start to make common size analysis (vertical and horizontal analysis) for both income statement and balance sheet from year 2005 to 2009 to see the financial performance of the company over the time. Moreove...
Quantitative methodology tends to "gather factual data, to study relationships between facts and how such facts and relationships accord with theories" (Fellows and Liu, 2008). The purpose of this strategy is to explain a social phenomena rather than to understand the meaning of things itself (Smith, 2003). The main advantage of quantitative approach is fast and economical, meanwhile the procedures are more reliable and results of the research can be replicated (Naoum, 2009). However, the pri...
Introduction: The growth of alternative investment vehicles from over past 10 years with the equity and bond markets is growing continuously. There are so many positive and negative implications coming on the way of Equity and the Bond market. The investment vehicle is continuously growing on the way from last 10 years and because of that there is maximum Equity and Bond holders are taking part in the investment vehicle. The investment vehicle also includes the derivatives, money market funds...
