We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Section A: Profiling the corporate structure, and discussing the agency problems - Essay Example

Comments (0) Cite this document
Table of Contents Core operating activities 2 Current investment assets/ projects 3 Current financial structure 4 Management Structure 5 Future Investment Opportunities 7 Potential Agency Problem 7 Question 4 9 Question 5 10 Question 6 & 7 12 Systematic (market wide and industry wide) risks: 12 Unsystematic (market wide and industry wide) risks: 12 Section A: Profiling the corporate structure, and discussing the agency problems Core operating activities AMP Limited is a financial corporation based in Australia, New Zealand…
Download paper
Section A: Profiling the corporate structure, and discussing the agency problems
Read TextPreview

Extract of sample
Section A: Profiling the corporate structure, and discussing the agency problems

During which the share holders received 1.6 millionshares. Amp Limited demerged itself from Henderson Group plc in 2003 which was done on regional basis where AMP was based in Australia; The Henderson group took the hold of UK. AMP Limited’s financial data of 2011 shows that the company has 949,037 shareholders with a total share capital of 2,854,672,784 ordinary shares. The total number of Employees that work under the banner of AMP Limited is 6000, with 4131 employed and self-employed planners and has relationship with 6,000 independent financial planners. The company has two major business units, the first works under the name of AMP Financial Services where 4100 aligned and employed planners provide services regarding income protection, disability and life insurance, superannuation and superannuation services for business, retirement income, selected banking products and financial advices to its customers based in Australia and New Zealand. The second unit AMP Capital is diversified investment managers, who invest in fixed interest, property, diversified funds, equities and infrastructure. Currently they are managing $123 billion in assets for those who believe in AMP Capital and their strategies of creating wealth for their clients. The growth is on going with emergence into different countries worldwide. The merger between AMP with AXA Asia Pacific Holding in 2011 gave a boost to the growth of AMP Limited as being the strongest business of Australia and New Zealand enhancing their services while it creates a competitive force in the financial sector. Current investment assets/ projects The investment in AXA Pacific Holding has proved to be a strong policy for the company’s future growth as the merger has increased sales, company has become more competitive and an expanding advisory force. Based on financial report the company maintains its payout ratio of 75 to 85 percent by announcing a dividend of 14 cents per share for the year 2011. However the net profit attributable to shareholder of the company declined by 11% and reached $688 million compared to $775 million in 2010. The underlying profit shows 20% increase of $909 million than previous year, as the 9 months contribution from AXA Asia Pacific Holding has been included in 2011 financial results. The decline in the Net Profit was due to the cost of merger of AXA as the cost of transaction was $222 million and the negative movements of investments in market which had a cost of $50 million. The overall gain on the investment in 2011 was $1,464 million which was 69% lower than the previous year. The total investment assets the company owned in 2011 were $96,972 million compared to investment assets of 2010 which accounted to $85,120 million; there was an increase of 13% in AMP’s investment assets. The company also gained $3 million from exchange differences on translation of foreign operation in 2011, where in 2010 there was a loss of $21 million under exchange losses. The assets of the AMP under management increased by $44 billion being $115 billion in 2010 reached $159 billion by December 2011, there was an increase of 38% in its total assets smoothing the base of the company further, giving a firmness to its future activities and supporting its growth, so ... Read More
Cite this document
  • APA
  • MLA
(“Section A: Profiling the corporate structure, and discussing the Essay”, n.d.)
Retrieved from https://studentshare.net/finance-accounting/9015-business-decisions
(Section A: Profiling the Corporate Structure, and Discussing the Essay)
“Section A: Profiling the Corporate Structure, and Discussing the Essay”, n.d. https://studentshare.net/finance-accounting/9015-business-decisions.
  • Cited: 0 times
Comments (0)
Click to create a comment
Consumption is a site of social struggle between structure and agency
In the essay one could deduce the relationship between culture and the agency. Fashion has been a thing of the past and still tries to be a part of human beings. In the attempt, to constantly remain in the market and maintain or increase their consumers, the fashion industry constantly has done a lot of things
9 Pages(2250 words)Essay
MSc Practical Windows Security ''discussing the Windows Domain structure. Assume a Windows 2000/2003/2008 Domain running in nati
This paper offers a deep analysis of some of the prime aspects and issues of practical windows security. This paper will discuss and analyze some of the prime issues and factors regarding various types of attack that can be applied to a Windows 2000 and Windows NT systems and their possible mitigation.
10 Pages(2500 words)Essay
Agency Theory and Corporate Governance
Agency theory is entirely an academic term and it defines the relation and conflicts between a principal and an agent. With the help of corporate governance any corporation and company can be managed and governed. Agency theory is a part of corporate governance as corporate governance is not complete without the committee members, shareholders and board of directors of a company.
8 Pages(2000 words)Essay
The Agency-Structure Relationship Review
Giddens suggested that human agency and social structure are in relationships with one another and that repeating actions by individual agents produces the social structure. He held that social structure comprises of moral codes, institutions, conventions and traditional methods of doing things.
6 Pages(1500 words)Essay
Formal Structure for Americas Intelligence Agency
It is noteworthy that the number of intelligence agencies have been increasing rapidly since the begging of cold causing the structural problems faced by the Intelligence community. The Intelligence for a long period has had to deal with the uncountable challenges with its structure.
3 Pages(750 words)Essay
Structure and Agency in Media and Culture
In accordance with the issues discussed in the paper we all are somewhat bound and restricted by the constraints of our surroundings and its contexts. At the same time, we as moral beings should also make sure that we exercise our power/choice to act in a responsible manner by taking the right path.
6 Pages(1500 words)Essay
Agency costs and ownership structure
By analysing the ownership structure of the firm, agency theory provides an explanation for firm failure and performance. In theory, the alignment of interests between the principals (owners) and agents (managers) entails agency costs that affect firm value, so firm value can be maximised to the extent that principals and agents minimise agency costs.
11 Pages(2750 words)Essay
Finance for Business Decisions
During which the share holders received 1.6 million shares. Amp Limited demerged itself from Henderson Group plc in 2003 which was done on a regional basis where AMP was based in Australia; The Henderson group took hold of
5 Pages(1250 words)Essay
Structure vs. Agency
Structure on the other hand describes the prevailing structured plans that are aimed at driving individuals to have limited choices and scarce opportunities. Structure sells the idea of socialism while agency calls for autonomy. The question on which is better has brought heated debates among the renowned sociologists.
2 Pages(500 words)Essay
To resolve the corporate governance problem, agency theory recommends an independent board structure and the use of equity-based compensation for senior executives. Examine the extent to which agency theory recommendations help to resolve the corporate go
The amount of investments injected in the venture is limited to the owner’s wealth. On the other hand, the partnership ventures are characterized by the requirements for the agreements
8 Pages(2000 words)Essay
Let us find you another Essay on topic Section A: Profiling the corporate structure, and discussing the agency problems for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us