Corporate Governance Essay Example | Topics and Well Written Essays - 2250 words - 2

Corporate Governance - Essay Example Another function of the corporate governance to ensure the imposition of Islamic values and principles to the daily lives and the corporate activities of the people. Another undertaking of corporate governance is to ensure that there is a challenge to the Islamic social justice concepts. At the same time, to encourage the Muslims to live their lives according the Quran and attract the blessing of God. As such, this chapter will explore the concept of corporate governance from the point of view of the Islamic world. The principle target of this section will be an examination of whether or not the Islamic laws supplement the concepts of corporate governance. In the event that the work shall identify a relationship between the two concepts, the work will measure the extent to which they supplement each other. Therefore, the work will examine the level to which the Saudi Arabian Kingdom takes advantage of the laws to the corporate activities. There is a need to consider that the Saudi legislators consider Islamic legislation as the first and the national law of the Kingdom. Another consideration is the fact that the Muslim world perceives the Sharia laws as the most vital inclusion of all laws. There varied sources of the Sharia laws that exist within the Saudi jurisprudence. All Muslims across the world consider the Quran and Sunna as the most fundamental of such sources. There are other sources as well, but the two commonly used in the Kingdom of Saudi Arabia are Ijma and Qiyas. Additionally the sources of Islamic legal matters mentioned are the cornerstone of support and proof of the principles of corporate governance from the perspectives of Islam. The sources of the same law are among the most relevant material for the sustainability of policy aspects of corporate governance from the views of Islam as well as the development of a corporate governance ideal. Additionally, the laws mentioned are the reference points of the laws that apply in the

Analysis Assignment Example | Topics and Well Written Essays - 1250 words

Analysis - Assignment Example Recession affected various industries. Beer, being a luxury product, saw a record breaking drop in sales as the marginal propensity to consume alcohol reduced. This was due to the reduced purchasing power. High cost and low income reduced the amount that people spent on beer consumption. However, after the recession, the customers had more income to spend on luxuries and beer, thus, demand pushed sales up (WSJ; October 2, 2012). Top beer producers gained value after the recession, but their brands could not hold on their share prices, they fell. The biggest players in the industry, Anheuser-Busch Inc. saw record sales of 39.9% in 2011 and 39.7 in 2012. The firm was closely followed by Molson Coors brewing n miller brewing. The chart (iii) in the appendix shows the top beer brands in the industry Despite the competitive conditions in the United States alcoholic beverages and tobacco industry, craft beer has gained value and their brands have higher demand. The craft brewing sub-industry improved and recorded a 15% growth in 2011 and 17% in 2012. In 20122, the craft beer sector had a market share of 10.2%. The craft beer sub-industry is expected to continue with the growth trend if all economic conditions remain constant or improve. Boston beer is the biggest producer of craft beer with over 15.7% market share in the brewing industry. The company competes in both high quality and premium beers and also on low priced beer. The company has a business unit that produces premium beer under the label Sam Adams to compete with established brewing giants. Boston Beer boasts being the largest craft beer brewer in the United States. It is also ranked sixth in the brewing industry in terms of sales. The share price of the SAM as of 11th April 2014 is $234.4 per share that represented small- cap growth. The earnings per share (EPS) stood at $6.80; this implies that every share issued by the company had a return of $6.80 as of April 2014(Yahoo! Finance). This is a