An analysis of the corporate governance principles of McDonalds.
Written in 2008; 1,833 words; 10 sources; APA; $ 58.95
Paper Summary:
The paper discusses Corporate Governance and states that McDonalds has a well-established and well thought out code. The paper explains that the code is successful due to the fact that executives of McDonald's are paid using an incentive based on a compensation scheme. The paper further states that the basis of McDonalds' entire business is that is ethical, truthful and dependable and that it has a solid, permanent and constructive ethical program. A compensation table of executive officers of 2006 is included with the paper.
Outline:
Company Profile
Corporate Governance at McDonald's
Board Composition
Executive Compensation
Proxy Results at last shareholder meeting
Conclusion
From the Paper:
""The executive compensation for the executive officers at McDonald's is done by the Compensation Committee which is a standing committee of the Board of Directors. Its task is to determine the compensation of all executive officers as well as the compensation of other employees as the Committee may decide. It consists of at least three members who are appointed by the Board of Directors. Furthermore they should set up a meeting schedule for each year.''
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