of accounting, requiring that the company use accounting limitations to manage earnings and modify the balance sheet to portray a favorable depiction of its performance. According to McLean and Elkid in their book 『The Smartest Guys in the Room』, "The Enron scandal grew out of a steady accumulation of habits and values and actions that began years before and finally spiraled out ofcontrol."
of HSBC, that measures the profit generated by a company with the money the shareholders have invested, was also highly affected from 2008 showing decreasing percentages. This situation has several causes, first is the decline in profitability due to the reduction of the mortgage service portfolio, prevailing business conditions and capital requirements. Before the crisis however this ratio was c
controlling of cost and good cost management.
ROE
The ROE of Jinro is 17.01% is higher than average ROE which is 9.24%. Industry average ROE declined for a while, but recently recorded an increase of 31.8% and turned to increase again. The ROE of Jinro decreased to 18.41% in 2005. So high ROE will give more benefit for shareholders by effectively management.
c. Analysis of Sales and growt
of CEO’s management is guaranteed. Therefore, LGE can be managed effectively. The management can be transparent in that the ailing affiliates can be liquidated easily and people can recognize major shareholders well. Trading stocks also becomes much easier.
While changing the structure of company, LGE also tries to reduce the head office’s size to innovate. They disbanded many teams, includi
of the investing company and foreign country market selection
One option is to focus on different niches of the market where we are able to satisfy their needs and wants.
The basis of other marketing actions
It will require a big management effort to direct the strategy to each market niche and also the necessary investigation, implementation and control for realizing a corr