Walmart
Role of ethics and compliance
Compliance and SEC Regulations
Evaluation of financial performance
Trend of ratios and financial health
Wal-Mart Stores, Inc. (WMT) is an American publicly traded retail stores corporation. The operations of Wal-Mart are divided into three segments, namely the Wal-Mart International segment, Wal-Mart U.S., and the Sam's Club segment. Sam Walton was the founder of the company whereby Wal-Mart is the world's largest retail stores chain. Based in Bentonville, Arkansas, the U.S., Wal-Mart U.S. is the largest business segment of the company that accounts more than 60% of the total business of Wal-Mart. With operations in more than 14 countries internationally, 25% of the business is related to Wal-Mart International. With more than 2 million employees, the company has subsidiaries such as Asda, Sam's Club, Walmex, and Seiyu Group. The main business operations of Wal-Mart are conducted through hypermarkets, supermarkets, superstores, supercenters, warehouse clubs, discount stores, and cash & carry stores. Wal-Mart's 2011 and 2012 revenues were $418.952 billion and $443.9 billion respectively (Annual Report, 2011; Annual Report, 2012).
The main rationale of this report is related to describing the role of ethics and compliance in the financial and corporate reporting of Wal-Mart. This paper will also describe the procedures that Wal-Mart adopts to ensure ethical behaviors within the organization and communities where it operates. This paper will also analyze company's performance during fiscal years 2011 and 2012 while key financial ratios such as current ratio, debt ratio, and return on equity will also be reported. These key financial ratios will help assess the future performance of Wal-Mart with respect to recent economic challenges that large scale retailers face in the recessed economy of the U.S. And Europe. This will be used to evaluate the financial health of Wal-Mart.
Role of ethics and compliance
Wal-Mart is the world's largest private employer and manages largest retail store network in the U.S. And abroad. This earns the company high recognition for its services as a private employer but there are many challengers as well. The company has to maintain ethical behavior both within and outside the organization. Wal-Mart is one of the few organizations that have effectively managed its ethical aspect of operations and organizational development. The company issues...
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