¶ … hostile takeovers unethical? Why ? 2. What strategies turbulent, high-Velocity markets?
Do you think hostile takeovers are unethical? Why or why not?
A hostile takeover, unlike a willing merger or acquisition, is a takeover of one company by another company that is openly resisted by the board of directors of the targeted firm (Hostile takeover definition, 2011, Investopedia). The problematic ethics of hostile takeovers can be seen in the recent war between the American-based Kraft Foods and old, stalwart British chocolate manufacturing company Cadbury. Cadbury's chief executive criticized Kraft's takeover bid, citing the lack of ethics of "large, heavily indebted firms" like Kraft that were in stark contrast to Cadbury's independent spirit (Carrell 2010). Cadbury's CEO said "principled capitalism [was] woven into the very fabric" of his company, in contrast to Kraft (Carrell 2011). Without upholding long-standing corporate principles "you risk destroying what makes Cadbury a great company" (Carrell 2011). The merger with Kraft, he said, would destroy those principles.
One specific point of contention between Kraft and Cadbury was that Cadbury is committed...
The duties as also rights have led to directors and managers owing fiduciary duties to the shareholders, particularly loyalty, duties relating to care as well as condor. The failure to these duties enables the shareholders to sue the directors and managers to "stop certain actions from occurring or for damages stemming from actions that were not in the interests of shareholders. State corporate law, therefore, attempts to better align
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It basically approves of just about any behavior as long as the company survives, and that is music to many people's ears. Machiavelli's advice has little to do with "do unto others as you would have them do unto you." He writes as a man of science and logic, rather than a man of ethics and morality. Machiavelli felt a prince or leader stood above others, and so, was above
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Grocery Store by Entrance of Hypermarkets in Bangkok Thailand Small grocery store owners in Thailand are faced with the ever growing threat of foreign -- owned hypermarkets. Hypermarkets are part of a global trend that threatens to destroy the small grocery store. If this trend continues the traditional market structure of Thailand might become obsolete in the future. This research explores strategies that small grocery store owners can employ to
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