Mcdonald's Corporate Social Responsibility in Malaysia

1004 Words May 20th, 2013 5 Pages
McDonalds’ Malaysia is very concerned about what they can provide to their stockholders, the public, customers and even the suppliers. Since McDonalds’ Malaysia first came to Malaysia on 29 April 1982, they are well-known for their high commitment in their corporate social responsibility.
McDonalds’ cares about human rights and their customers. They do not employ forced labourers or child labourers. Besides that, McDonalds’ has anti discrimination policy, especially the discrimination against women. Today, 53% of McDonald’s restaurant manager positions are held by women. The food and services provided by McDonalds’ have met the international food quality and safety standards requirements. Their employees are well trained with
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Ernst and Young also audited McDonald’s Co. internal control over financial reporting. The internal control over financial reporting is to provide reliability of the financial reporting and preparation of financial statements. Without this, the possibility of misstatements of any of the financial reports might occur. These audits are also conducted by the standards of the Public Company Accounting Oversight Board (US).
McDonalds’ annual report 2011 consisted many details of the company. The straightforwardness of the disclosure of the financial reports of the company has greatly increases the corporate image and thus, increases the sales. Here are some of the highlights from the year 2011. The sales grew 5.6%. Revenue increased by 12%. The operating income rose 14%. Operating Margin rose from 0.6 percentage points to 31.6%. McDonalds’ returned 6 billion dollars to shareholders through repurchases of share and dividends paid. Next, Diluted earnings per share rose by 15%. Cash generated from operations also increased from 808 million dollars to 7.2 billion. McDonalds’ Co has a total asset of $32,990 million in 2011. It has increased by $1015 million as compared to last year. McDonalds’ Co also has a healthy cash flow. The cash generated from operations has increased drastically in these 6 years. Cash Expenditure is maintained at $1900 million to $2700 million, which is a good sign. This means the company has control over their expenditures. Net income of
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