“Overview.” economic growth for individual across the
” Analysis of McDonald’s,mcdonalds600.weebly.com/overview.html.
“Must-Know: A company overview ofMcDonald’s.” Yahoo! Finance, Yahoo!, 18 July 2014,finance.yahoo.com/news/must-know-company-overview-mcdonalds-185841237.html.”Corporate Governance Overview.” McDonald’s,corporate.mcdonalds.
com, Bloomberg, www.bloomberg.com/research/stocks/private/board.asp?privcapId=139488″Analyse Mcdonalds Corporate StrategyCommerce Essay – Hstreasures.Com.” Hstreasures.com, 4 July 2017,hstreasures.
com/analyse-mcdonalds-corporate-strategy-commerce-essay-373/ References All of the above facts and information plays avery major role in the world of corporate and also in the countries capitalmarket. In fact, the way public companies run and the laws and regulation thatthey apply to them are integral to capital market and their ability to drive economicgrowth for individual across the country. Corporate governance is intended to increasethe accountability of your company and to avoid massive disasters before theyoccur. In short it is a method of governingthe company like a sovereign state, instating its own customs, polices and lawsto its employees from the highest to the lowest levels. It also enhances a company’simage in public eye as a self- policing company that is responsible and worthy ofshareholder and debtholder capital. A corporation without a system of corporategovernance is often regarded as a body without a soul or conscience.
The endresult is a fall that will occur when gravity- in the form of audited financialreports, criminal investigation and federal probes- finally catches up,bankrupting the company as well. Dishonest and unethical dealings can causeshareholders to flee of fear or disturb and disgust. Importanceof Corporate Governance People are the most important part of anyorganization and are also considered an important assets of any cordialreception based company.
Mc Donald’s is very diverse not only in employmentfactor but other factors as well. It is also diverse considering its open inmany countries and strive its best to serve the customer over there at itsbest. Mc Donald is committed to providing inclusive work environment, trainingand support, because diversity and inclusion is a foundation element of ourculture, it permeates multiple aspects of the business.
The age and tenure ofthe board of directors is between 50 and 88. Most of them serve as a member ofthe board of director committee. Mc Donald has one Chairman Emeritus, Chairmanof Board and a President, CEO & Director. The CEO is not the Chairman of McDonald. The size of the board itself determines itssize with the range of 11 to 25 members required by the company’s certificateof Incorporations. The Board believed that at this time the desirable number ofdirector are between 11 and 15.
The board shall periodically review it stricter,considering the existing composition of the Board, voting results for directorsin recent elections by shareholders, staggered terms, legislative andregulatory developments, and trends in governance. The Company’s circumstances at the time, how aparticular structure could affect the unique relationships between and amongthe McDonald’s System of employees, franchisees, suppliers, and other factorsas the Board may seem relevant. Boardof Directors:- McDonald’s Corporation was incorporated on December 21, 1964. The Company’srestaurants serve a locally relevant menu of food and drinks sold at variousprice points in over 100 countries. The company is primarily a franchisor,under a conventional franchise arrangement. Its high growth markets segments includes its operation in markets, suchas China, Italy, Korea, Poland, and Russia, Spain and the Netherlands and relatedmarkets.
McDonald’s high growth markets are focused on creating customerexcitement through menu, promotions and value and implementing a digitalstrategy with the specific mobile solutions and actions. Their strategicinitiative focuses on customer experience through the five Ps: – People,Product, Place, Price, and promotions. The board of director believed that goodcorporate governance is critical to fulfilling the company’s obligation toshareholders. Introduction McDonald’s Corporate Governance