Beschreibung
Doctoral Thesis / Dissertation from the year 2008 in the subject Business economics - Investment and Finance, grade: A, Northumbria University (Business School), course: BA (Hons) Business with Finance, language: English, abstract: With the increase in companies issuing shares as a means of raising capital the way companies are monitored has changed. Incidents such as the Enron scandal serve as a reminder of directors inclination to act in an opportunistic way, with the aim to increase their personal wealth at the expense of their Companies shareholders. As a result of this Corporate Governance regulations have become more stringent in a bid to remove the agency problem, increase the transparency of organisations and protect shareholders. This dissertation looks at how six UK Plcs report to their shareholders regarding their merger and acquisition activity, to determine if they comply with the Best Practice guidelines for reporting to shareholders, laid out by academics. The