Maruti Suzuki Financial Analysis

Finding the perfect capital structure in terms of risk and reward can ensure a company meets shareholder expectations and protects a firm in times of recession. Capital structure refers to how a business puts its money to “work”. The two forms of capital structure are equity capital and debt capital. Both have their benefits and limitations. Striking that perfect balance between the two can mean the difference between thriving versus trying to survive.

It is important to note that from the very beginning we have a duty to ethically operate our functional area and the business. To that end we have modeled our code of

 As in each industry, here clients are most imperative for Maruti .here Maruti is

At Company X, it is our upmost desire to comply with rules and laws pertaining to our business, and to hold our values at a spectacular level. Our company values include responsibility, equality, honesty, confidentiality, respect, and integrity. These values are the building block of our company, and should be followed by all employees, management, and any persons associated with our business. By adhering to the code of conduct, our work environment will be comfortable and reliable, and will help avoid unethical behavior.

The organization will create, maintain and demonstrate a culture that will be honest with high ethical standards. There will be a code of conduct with zero tolerance for unethical behavior.

Here at Company X we strive for success using a set of ethical standards that will ensure peak employee performance as well as employee satisfaction at the company. We strive for excellence via training and employee education on policies and procedures.

For my project I have chosen a Toyota Motor Corporation (TMC) – an international automobile manufacturer. In addition, Toyota provides retail and wholesale financing, retail leasing and certain other financial services primarily to its dealers and their customers related to vehicles manufactured by Toyota. The major portions of Toyota 's operations on a worldwide basis are derived from the Automotive and Financial Services business segments. The Company also has an All Other segment, which includes its non-automotive business activities. The most significant of Toyota 's other operations are its information technology (IT)-related businesses and pre-fabricated housing.

Businesses should make it imperative that its officers, directors and employees act at all times in an honest and ethical manner in connection with their service to that particular company. The principles of integrity and accountability are the cornerstone of that companies' success. This code of business conduct and ethics sets basic principles to guide all employees, officers, and directors of that particular company. All of the personnel and directors of that business should conduct themselves accordingly to avoid in fact and the appearance of improper behavior. Ethical business conduct calls for all companies and their personnel to assume responsibility for safeguarding and preserving that company's assets and resources in the

Currently aspiring to work within a large financial services bank and actively participating in the recruitment process creates a personal connection and relevance to understanding JPMorgan Chase & Co.’s culture. The core of the bank has existed for over two hundred years and has become the giant it has through several mergers and acquisitions over its history. On top of this, Wall Street and the businesses that occupy it are continuously under public scrutiny due to the unethical behaviors that tend to be common in the industry. This has led to a public discontent for the industry, but JPMorgan Chase & Co. is attempting to overcome that hurdle through a unique culture. This culture is founded on ethics while still maintaining a completive nature that is embedded in the industry. They have structured their organization and policies in a way to prevent and report unethical actions employees may engage in. Through various bits of research, we are able to dig deeper into the culture enabling us to get a true understanding of the environment within JPMorgan Chase & Co. This allows one to determine the culture’s strengths and weaknesses. By analyzing JPMorgan Chase & Co.’s corporate culture in relation to research including Hofstede’s Cultural Dimensions unlocks a deeper perspective that allows one to gain a true understanding of what it is like to work for JPMorgan Chase & Co while assessing if they are capable of achieving their vision.

Regular reinforcement of core organizational culture and values is essential in maintaining a high level of ethics within a corporation and encouraging “desirable behaviors” (Mitchell, 2016) 4.2).

As a company we take great pride in our reputation for acting fairly and ethically wherever we conduct business, whether domestic or internationally. Our Code of Ethics and Integrity guides us in making the right decisions that impact our clients, our personnel and the communities where we live and work. We have a core set of values to guide us every day, and we pride ourselves on doing the right thing, even when it’s hard or not convenient.

Capitalism is a market approach wherein the government allows the penetration of foreign companies to acquire certain public companies to assure the economic growth of the country. Thus, the capital structure is defined as the proportion between equity and debts of a company as a whole. The structures of a business are dependent on the different economy status of a country. Thus when economy is in good condition, expect capital structure to be smooth flowing and that debts is low as there is increased in profits for the business with the good economic standing of the country.

A firm can choose a mix of three modes of financing i.e. issuing shares, borrowing from the market and use of retained earnings. The ratio of this mix of funds purely depends on the firm and known as optimal capital structure of the firm. This leads to the different capital structure theories. These theories explain their

In 2009 Toyota Motors (TM) posted a net loss of $4.6 billion ("Market watch," 2014). From 2009 to 2011 Toyota encountered a number of factors contributing to their economic downturn. It began with recalling millions of vehicles, for quality related problems, followed by natural disasters hitting northeastern Japan. These disasters wiped out Toyota’s production capabilities (Tabuchi & Vlasic, 2014). While these events were occurring, the cloud of the 2008 global financial crisis was still being felt. This crisis weakened demand in the automotive industry. This weakened demand increased the competitive landscape for all automotive manufactures. This drove down automotive prices and effectively contribution margins (i.e. sold less

• Integrity  Every member of our organization behaves in an ethical manner. We will do the right things for the right reasons.