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“Overview.” Analysis of McDonald’s,
mcdonalds600.weebly.com/overview.html.

 

“Must-Know: A company overview of
McDonald’s.” Yahoo! Finance, Yahoo!, 18 July 2014,
finance.yahoo.com/news/must-know-company-overview-mcdonalds-185841237.html.

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“Corporate Governance Overview.” McDonald’s,
corporate.mcdonalds.com/mcd/investors/corporate-governance/corporate-governance-overview.html.

Bloomberg.com, Bloomberg, www.bloomberg.com/research/stocks/private/board.asp?privcapId=139488

“Analyse Mcdonalds Corporate Strategy
Commerce Essay – Hstreasures.Com.” Hstreasures.com, 4 July 2017,
hstreasures.com/analyse-mcdonalds-corporate-strategy-commerce-essay-373/

 

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All of the above facts and information plays a
very major role in the world of corporate and also in the countries capital
market. In fact, the way public companies run and the laws and regulation that
they apply to them are integral to capital market and their ability to drive economic
growth for individual across the country. Corporate governance is intended to increase
the accountability of your company and to avoid massive disasters before they
occur.  In short it is a method of governing
the company like a sovereign state, instating its own customs, polices and laws
to its employees from the highest to the lowest levels. It also enhances a company’s
image in public eye as a self- policing company that is responsible and worthy of
shareholder and debtholder capital. A corporation without a system of corporate
governance is often regarded as a body without a soul or conscience. The end
result is a fall that will occur when gravity- in the form of audited financial
reports, criminal investigation and federal probes- finally catches up,
bankrupting the company as well. Dishonest and unethical dealings can cause
shareholders to flee of fear or disturb and disgust.

 

Importance
of Corporate Governance

 

People are the most important part of any
organization and are also considered an important assets of any cordial
reception based company. Mc Donald’s is very diverse not only in employment
factor but other factors as well. It is also diverse considering its open in
many countries and strive its best to serve the customer over there at its
best. Mc Donald is committed to providing inclusive work environment, training
and support, because diversity and inclusion is a foundation element of our
culture, it permeates multiple aspects of the business. The age and tenure of
the board of directors is between 50 and 88. Most of them serve as a member of
the board of director committee. Mc Donald has one Chairman Emeritus, Chairman
of Board and a President, CEO & Director.  The CEO is not the Chairman of McDonald.

 

The size of the board itself determines its
size with the range of 11 to 25 members required by the company’s certificate
of Incorporations. The Board believed that at this time the desirable number of
director are between 11 and 15. The board shall periodically review it stricter,
considering the existing composition of the Board, voting results for directors
in recent elections by shareholders, staggered terms, legislative and
regulatory developments, and trends in governance. The Company’s circumstances at the time, how a
particular structure could affect the unique relationships between and among
the McDonald’s System of employees, franchisees, suppliers, and other factors
as the Board may seem relevant.

 

Board
of Directors:-

 

Mc
Donald’s Corporation was incorporated on December 21, 1964. The Company’s
restaurants serve a locally relevant menu of food and drinks sold at various
price points in over 100 countries. The company is primarily a franchisor,
under a conventional franchise arrangement. 
Its high growth markets segments includes its operation in markets, such
as China, Italy, Korea, Poland, and Russia, Spain and the Netherlands and related
markets. McDonald’s high growth markets are focused on creating customer
excitement through menu, promotions and value and implementing a digital
strategy with the specific mobile solutions and actions. Their strategic
initiative focuses on customer experience through the five Ps: – People,
Product, Place, Price, and promotions. The board of director believed that good
corporate governance is critical to fulfilling the company’s obligation to
shareholders.

 

Introduction

 

Mc
Donald’s Corporate Governance

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