Corporate Governance

Q: Corporations are not really run by their owners Ans: Corporations are not really run by their owners because this mainly depends on the size of the organization. Meaning, the bigger the corporation, the less likely it is for the owners to run it. It is nearly impractical for the owner as a single person to run the entire organization. Here is where the role of other people like managers comes into play and the owner just takes the responsibility of a director and takes important decisions and does not get involved in day to day operations of the business. …

INSTITUTE OF TECHNOLOGY CARLOW : CORPORATE FINANCE ASSIGNMENT

Harding Ltd manufactures, installs and maintains Eco Friendly Heating Systems for hotels. Their most recent financial statements are set out below: Statement of Financial Position as at 31 December 2019     ASSETS €000   Non-Current Assets   Plant and Equipment 832.80   Motor Vehicles 279.90   1112.70   Current Assets   Inventories 439.80   Trade Receivables 765.45   Cash at Bank 27.60   1232.85   Total Assets 2345.55     EQUITY AND LIABILITIES   Equity   €1.50 Ordinary Shares 600.00   General Reserve 78.30   Retained Earnings 570.30   1248.60   Non – Current Liabilities   12% Loan Notes …