Advances can often be recouped out of future sales, but otherwise are non-refundable. What is the nature of the distributor's advance? The advance is made to secure the rights to distribute the program and should be treated as an intangible asset. How should it be written off? It should ...
They can be extremely basic - "Look in to someone else's eyes for ten minues" - or extremely complicated - "managers over here, workers over there, government over there and shareholders in the other corner." But when it comes to going deeply into just one thing, where one person can ...
Definition: Right Shares or Right Issue implies an invitation to the company’s existing shareholders to buy additional newsharesthrough aLetter of Offer. These shares are introduced, at adiscounted price, i.e. the price at which the company’s existing shareholders will buy the shares is lower...
We have silenced our voices voluntarily. It is the price we pay for agreeing to live in a well-managed world where no challenge of biology cannot be met, where advances in Soil Mechanics will always outpace the geometry of population growth, where all asteroids can be diverted by international...
In this McKinsey Explainer, we define what AI is, and look at how rapid advances in Artificial Intelligence are reshaping almost every aspect of global society.
Facebook, rebranded as Meta in 2021, is primarily owned by Mark Zuckerberg, founder, and CEO. Zuckerberg keeps tight control over the ownership and decision-making of the company. Other large individual shareholders comprise former COO Sheryl Sandberg and co-founder Eduardo Saverin. Large institutio...
There are two main strategies to help the acquirer complete a hostile takeover: Tender offer As mentioned in the previous section, an acquiring company might offer to purchase stock in the target company from shareholders at a premium to the marketvalue. ...
Hierarchy culture tends to focus on long-term goals, such as growing to be a dominant player in a particular industry. Standardization and systemization are key. This can allow for advances in efficiency, which helps ensure low costs and reliable performance. Historically, many large corporations ...
the amount of “Schumpeterian profits”—“those profits that arise when firms are able to appropriate the returns from innovative activity”—and discovered that from 1948 to 2001, only “a minuscule fraction” (2.2%) of the total value from technological advances was captured by thei...
To avoid ugly debates, ceding control, and seeing the business they helped nurture for long-term success potentially be run into the ground, companies have developed a variety of strategies to thwart the advances of raiders. They include shareholders' rights plans (poison pills), supermajority vot...