DOCSLIB.ORG

Managed Pension Fund Vote Report Q3 2014

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Managed Pension Fund Vote Report Q3 2014 Table of Contents Report of votes for the period 1 July – 30 September 2014 Section 1: MPF Emerging Markets Fund ............................................................................. 3 Section 2: MPF European Equity Fund ............................................................................ 174 Section 3: MPF Japan Equity Fund ................................................................................. 195 Section 4: MPF Middle East & Africa Fund ...................................................................... 201 Section 5: MPF North America Equity Fund .................................................................... 212 Section 6: MPF Pacific Basin ex-Japan Equity Fund ....................................................... 240 Section 7: MPF UK Equity Fund ...................................................................................... 267 Section 1 MPF Emerging Markets Fund MPF Emerging Markets Fund Lenovo Group Limited Meeting Date: 07/02/2014 Primary Security ID: Y5257Y107 Ticker: 00992 Primary CUSIP: Y5257Y107 Primary ISIN: HK0992009065 Primary SEDOL: 6218089 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction 1 Accept Financial Statements and Statutory Mgmt For For Reports 2 Declare Final Dividend Mgmt For For 3a Elect Zhu Linan as Director Mgmt For For 3b Elect Nobuyuki Idei as Director Mgmt For For 3c Elect William O. Grabe as Director Mgmt For For 3d Elect Ma Xuezheng as Director Mgmt For For 3e Authorize Board to Fix Directors' Mgmt For For Remuneration 4 Reappoint PricewaterhouseCoopers as Mgmt For For Auditors and Authorize Board to Fix Their Remuneration 5 Approve Issuance of Equity or Equity-Linked Mgmt For Against Securities without Preemptive Rights 6 Authorize Repurchase of Up to 10 Percent of Mgmt For For Issued Share Capital 7 Authorize Reissuance of Repurchased Shares Mgmt For Against 8 Adopt New Articles of Association Mgmt For For Shanghai Jinjiang Int'l. Hotels Development Co., Ltd. Meeting Date: 07/02/2014 Primary Security ID: Y7688C118 Ticker: 600754 Primary CUSIP: Y7688C118 Primary ISIN: CNE000000MK0 Primary SEDOL: 6817044 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction EGM BALLOT FOR HOLDERS OF B SHARES Mgmt 1 Approve Company's Eligibility for Private Mgmt For Against Placement of New Shares Vote Report: July – September 2014 Page 4 MPF Emerging Markets Fund Shanghai Jinjiang Int'l. Hotels Development Co., Ltd. Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction APPROVE PRIVATE PLACEMENT OF NEW Mgmt SHARES 2.1 Approve Share Type and Par Value Mgmt For Against 2.2 Approve Issue Manner and Issue Time Mgmt For Against 2.3 Approve Issue Price and Pricing Basis Mgmt For Against 2.4 Approve Issue Size Mgmt For Against 2.5 Approve Target Subscribers and Subscription Mgmt For Against Method 2.6 Approve Lock-up Period Mgmt For Against 2.7 Approve Listing Exchange Mgmt For Against 2.8 Approve Amount and Intended Usage of Mgmt For Against Raised Funds 2.9 Approve Distribution Arrangement of Mgmt For Against Cumulative Earnings 2.10 Approve Resolution Validity Period Mgmt For Against 3 Approve Company's Plan for Private Mgmt For Against Placement of New Shares 4 Approve Conditional Shares Subscription Mgmt For Against Agreement with Shanghai Jin Jiang International Hotels (Group) Co., Ltd., and Hongyi (Shanghai) Equity Investment Fund Center (Limited Partnership) in Connection to the Private Placement 5 Approve Private Placement of New Shares Mgmt For Against Constitutes as Related Party Transaction 6 Approve Feasibility Analysis Report on the Mgmt For Against Intended Usage of Raised Funds 7 Approve Authorization of Board to Handle All Mgmt For Against Matters Related to Private Placement 8 Approve Shareholder Return Plan in the Next Mgmt For Against Three Years (2014-2016) 9 Amend Management System of Raised Funds Mgmt For Against Shriram Transport Finance Company Limited Meeting Date: 07/02/2014 Primary Security ID: Y7758E119 Ticker: 511218 Primary CUSIP: Y7758E119 Primary ISIN: INE721A01013 Primary SEDOL: 6802608 Vote Report: July – September 2014 Page 5 MPF Emerging Markets Fund Shriram Transport Finance Company Limited Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction - Postal Ballot Mgmt 1 Approve Pledging of Assets for Debt Mgmt For Against 2 Approve Sale, Assignment, and/or Security of Mgmt For Against Receivables United Spirits Limited Meeting Date: 07/02/2014 Primary Security ID: Y92311102 Ticker: 532432 Primary CUSIP: Y92311102 Primary ISIN: INE854D01016 Primary SEDOL: 6576992 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction - Postal Ballot Mgmt 1 Approve Sale and Transfer by United Spirits Mgmt For For (Great Britain) Ltd., an Indirect Wholly- Owned Subsidiary of the Company, of Whyte and Mackay Group Ltd. to Emperador UK Ltd. for an Enterprise Value of GBP 430 Million Anhanguera Educacional Participacoes S.A. Meeting Date: 07/03/2014 Primary Security ID: P0355L115 Ticker: AEDU3 Primary CUSIP: P0355L123 Primary ISIN: BRAEDUACNOR9 Primary SEDOL: 2796084 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction 1 Waive Mandatory Bid Requirement for Kroton Mgmt For For Educacional S.A. Vote Report: July – September 2014 Page 6 MPF Emerging Markets Fund Anhanguera Educacional Participacoes S.A. Meeting Date: 07/03/2014 Primary Security ID: P0355L115 Ticker: AEDU3 Primary CUSIP: P0355L123 Primary ISIN: BRAEDUACNOR9 Primary SEDOL: 2796084 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction 1 Approve Merger between the Company and Mgmt For For Kroton Educacional S.A. (Kroton) 2 Authorize Management to Execute Approved Mgmt For For Resolutions in Connection with Merger, Including the Subscription of Kroton's Capital Increase Kroton Educacional S.A. Meeting Date: 07/03/2014 Primary Security ID: P6115V129 Ticker: KROT3 Primary CUSIP: P6115V111 Primary ISIN: BRKROTACNOR9 Primary SEDOL: 2836946 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction 1 Elect Two Directors Mgmt For Against 2 Approve Stock Option Plan Mgmt For For 3 Approve Merger Agreement between the Mgmt For For Company and Anhanguera Educacional Participacoes S.A. 4 Ratify Apsis Consultoria e Avaliacoes Ltda as Mgmt For For the Independent Firm to Appraise Proposed Transaction 5 Approve Independent Firm's Appraisal Mgmt For For 6 Approve Merger Mgmt For For 7 Approve Capital Increase through Issuance Mgmt For For of 135.36 Million Shares and Amend Article 5 Accordingly 8 Authorize Board to Ratify and Execute Mgmt For For Approved Resolutions 9 Consolidate Bylaws Mgmt For For Vote Report: July – September 2014 Page 7 MPF Emerging Markets Fund Polskie Gornictwo Naftowe i Gazownictwo S.A. (PGNiG) Meeting Date: 07/03/2014 Primary Security ID: X6582S105 Ticker: PGN Primary CUSIP: X6582S105 Primary ISIN: PLPGNIG00014 Primary SEDOL: B0L9113 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction 1 Open Meeting Mgmt 2 Elect Meeting Chairman Mgmt For For 3 Prepare List of Shareholders Mgmt 4 Acknowledge Proper Convening of Meeting Mgmt 5 Approve Agenda of Meeting Mgmt For For 6 Approve One Time Termination Payments to Mgmt For For Former Employees of BUD-GAZ Sp. z o.o. 7 Close Meeting Mgmt State Bank Of India Meeting Date: 07/03/2014 Primary Security ID: Y8161Z129 Ticker: 500112 Primary CUSIP: Y8161Z129 Primary ISIN: INE062A01012 Primary SEDOL: 6100799 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction 1 Accept Financial Statements and Statutory Mgmt For For Reports Grupo Financiero Banorte S.A.B. de C.V. Meeting Date: 07/04/2014 Primary Security ID: P49501201 Ticker: GFNORTEO Primary CUSIP: P49501201 Primary ISIN: MXP370711014 Primary SEDOL: 2421041 Vote Report: July – September 2014 Page 8 MPF Emerging Markets Fund Grupo Financiero Banorte S.A.B. de C.V. Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction 1 Change Company's Subsidiary Names to Mgmt For For Seguros Banorte SA de CV, Grupo Financiero Banorte and Pensiones Banorte SA de CV, Grupo Financiero Banorte; Amend Article Second of Bylaws; Authorization to Subscribe a New Agreement of Shared Responsibilities 2 Amend Bylaws in Order to Comply with Law Mgmt For For Regulating of Financial Institutions Published on Jan. 10, 2014; Approve Total Exchange of Shares Representing Company's Equity to Comply with Requirements Set Forth in Article Eleventh of Bylaws 3 Authorize Board to Ratify and Execute Mgmt For For Approved Resolutions Jindal Steel and Power Ltd Meeting Date: 07/05/2014 Primary Security ID: Y4447P100 Ticker: 532286 Primary CUSIP: Y4447P100 Primary ISIN: INE749A01030 Primary SEDOL: 6726816 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction Postal Ballot Mgmt 1 Approve Increase in Borrowing Powers Mgmt For Against 2 Approve Pledging of Assets for Debt Mgmt For Against 3 Approve Issuance of Non-Convertible Mgmt For Against Debentures 4 Approve Loans, Guarantees, Securities, Mgmt For Against and/or Investments to Other Body Corporate 5 Fix Board Size Mgmt For For 6 Approve Appointment and Remuneration of Mgmt For For K. Rajagopal as Executive Director Vote Report: July – September 2014 Page 9 MPF Emerging Markets Fund Reliance Capital Ltd Meeting Date: 07/06/2014 Primary Security ID: Y72561114 Ticker: 500111 Primary CUSIP: Y72561114 Primary ISIN: INE013A01015 Primary SEDOL: 6101082 Proposal Vote Number Proposal Text Proponent Mgmt Rec Instruction Postal Ballot Mgmt 1 Approve Issuance of Non-Convertible Mgmt For Against Debentures and/or Other Debt Securities 2 Approve Issuance of Equity
Load more

Recommended publications
  • Produção De Informação Estatística Oficial Na (Des)Ordem Social Da Modernidade
    UNIVERSIDADE FEDERAL DO RIO DE JANEIRO - UFRJ ESCOLA DE COMUNICAÇÃO - ECO CONSELHO NACIONAL DE DESENVOLVIMENTO CIENTÍFICO E TECNOLÓGICO - CNPq INSTITUTO BRASILEIRO DE INFORMAÇÃO EM CIÊNCIA E TECNOLOGIA - IBICT PRODUÇÃO DE INFORMAÇÃO ESTATÍSTICA OFICIAL NA (DES)ORDEM SOCIAL DA MODERNIDADE Tese de Doutorado em Ciência da Informação ROSA MARIA PORCARO Orientadora: Prof. GILDA MARIA BRAGA Rio de Janeiro Março de 2000 Universidade Federal do Rio de Janeiro - UFRJ Escola de Comunicação - ECO Conselho Nacional de Desenvolvimento Científico e Tecnológico - CNPq Instituto Brasileiro de Informação em Ciência e Tecnologia - IBICT PRODUÇÃO DE INFORMAÇÃO ESTATÍSTICA OFICIAL NA (DES)ORDEM SOCIAL DA MODERNIDADE ROSA MARIA PORCARO Tese apresentada ao Curso de Doutorado em Ciência da Informação do Instituto Brasileiro de Informação em Ciência e Tecnologia do Conselho Nacional de Desenvolvimento Científico e Tecnológico em convênio com a Escola de Comunicação da Universidade Federal do Rio de Janeiro, como parte dos requisitos necessários para obtenção do grau de Doutor em Ciência da Informação. BANCA EXAMINADORA Gilda Maria Braga (Orientadora) Ph.D em Ciência da Informação, Case Western Reserve University, Cleveland, USA Luiz Antônio Machado da Silva Ph.D em Sociologia na Rutgers University, New Jersey, USA Maria Cristina Cacciamali Doutora em Economia, USP Maria Nélida González de Gomez Doutora em Comunicação, UFRJ Lena Vania Ribeiro Pinheiro Doutora em Ciência da Informação, UFRJ Jane Maria Pereira Souto de Oliveira (Suplente) Doutora em Saúde Coletiva, UERJ Icléia Thiessen Magalhães Costa (Suplente) Doutora em Ciência da Informação, UFRJ Rio de Janeiro 13 de dezembro de 1999 II Para: DÊDÊ, MESTRA PRIMEIRA GILDA, MESTRA ACADÊMICA ANA CARLA E VANIA LUCIA O(S) JORGE(S): PAI, IRMÃO, SOBRINHO E AFILHADO AGRADEÇO: III A minha orientadora Gilda Braga, por me trazer de volta à Academia; Aos meus professores do Doutorado, com especial menção aos Profs.
    [Show full text]
  • International Marketing: Analysis and Strategy, Fourth Edition
    1111 2 International Marketing 3 4 5 6 7 8 9 10111 1 2 3 411 Marketing is a universal activity, regardless of the political, social, or economic systems of a particular country. 5 However, this doesn’t mean that consumers in different parts of the world should be satisfied in the same way. 6 This fourth edition of International Marketing has been written to enable managers and scholars to meet the 7 international challenges they face every day, and it provides the solid foundation required to understand the com- 8 plexities of marketing on a global scale. 9 The book has been fully updated with topical case studies, examples of contemporary marketing campaigns, 20111 the most relevant discussion topics as well as the most up-to-date theories, references, and research findings. It 1 is this combination of theory and practice that makes this textbook truly unique, presenting a fully rounded view 2 of the topic rather than an anecdotal or descriptive one alone. 3 The book includes chapters on: 4 I trade distortions and marketing barriers 5 I culture 6 I consumer behavior 7 I marketing research 8 I foreign market entry strategies 9 I product and branding strategies 30 I promotion and pricing strategies 1 I currencies and foreign exchange 2 3 Accessibly written and designed, this is the most international book on marketing available which can be used by 4 undergraduates and postgraduates the world over. As one of the most successful textbooks in its field, the book 5 has been adopted in the USA, Europe, Asia, Australia, and elsewhere, at the undergraduate, MBA, and Ph.D.
    [Show full text]
  • Nestle 55 Vevey, Switzerland Tel: 41-21-924-21-11 Fax: 41-21-924-28-13
    P r o f il e e t profile a Coffee, Water and Ki bbl e: r A P r of ile of the F ood and Bever age Giant po r o Nestlé c p r o Oct ober 2005 f P r epar ed by Richard Gir ar d P olar is Institute R esear cher il e corporate Table of Contents Introduction .........................................................................................................1 Chapter One: Organizational Profile .................................................................3 1.1 Operations .....................................................................................................3 1.2 Brands............................................................................................................4 1.3 Executives .....................................................................................................6 1.4 Board of Directors.........................................................................................7 1.5 Public Relations ............................................................................................8 1.6 University Links ............................................................................................8 Chapter Two: Economic Profile .......................................................................11 2.1 Financial Data..............................................................................................11 2.2 Joint Ventures/Alliances.............................................................................11 2.3 Lawsuits.......................................................................................................12
    [Show full text]
  • Products and Brands
    Management Report 2000 Products and brands The strength of Nestlé’s brands has given the company an unparalleled position on a global basis across a wide range of product categories. Six worldwide corporate brands, Nestlé, Nescafé, Nestea, Maggi, Buitoni and Friskies contribute about 70% of the group's total sales, with the Nestlé brand itself contributing 40%. These brands are the first choice of consumers around the world, whether as stand alone brands or in combination with product brands such as KitKat and LC1. Nestlé also owns regional and national brands with which consumers have a close and often longstanding familiarity. These brands enable consumers to express their individuality and to respect their traditions whilst still enjoying the quality of a Nestlé product and, as such, are key elements of the Nestlé portfolio. Nestlé’s brands and products are the focus of continual innovation and renovation so that they will be relevant and appealing to today’s and tomorrow’s consumers. As important as ensuring that our brands meet and beat our consumers’ expectations is ensuring that they are available whenever, wherever and however our consumers want them. The terms in italics are registered trademarks of the Nestlé Group. 27 Products and brands Beverages With well over 3000 cups drunk every second, sales of Nescafé have been growing ever since 1938 when Nestlé launched the first commercially successful soluble coffee. Nescafé, which today includes ready-to-drink varieties, is by far the world’s most popular brand of coffee. The Group markets traditional roasted coffees in several European countries, as well as espresso coffee in capsules through Nespresso.
    [Show full text]
  • Caffè, Acqua E Latte in Polvere Un Profilo Del Gigante Degli Alimenti E
    Polaris Institute Caffè, acqua e latte in polvere Un profilo del Gigante degli alimenti e delle bevande NESTLE’ Febbraio 2005 Elaborato da Richard Girard Ricercatore del Polaris Institute www.polarisinstitute.org Tradotto e aggiornato al 30 marzo 2007 da Alberto Castagnola, Sara Symeonides, Giulio Sardi Ricercatori di Oppidum www.osservatorioimprese.org Con la collaborazione di Adriano Cattaneo Portavoce della RIBN www.ribn.it 1 Indice dei contenuti Introduzione Capitolo primo: Profilo organizzativo 1.1 Operazioni 1.2 Marchi 1.3 Dirigenti esecutivi 1.4 Comitato dei Direttori 1.5 Pubbliche relazioni 1.6 Collegamenti con Università Capitolo secondo: Profilo economico 2.1 Dati finanziari 2.2 Iniziative comuni e alleanze 2.3 Denunce legali 2.4 Sicurezza dei prodotti 2.5 Pubblicità Capitolo terzo: Profilo politico 3.1 Collegamenti politici 3.2 Collegamenti con il mondo degli affari 3.3 Contributi politici 3.4 Spese per pressioni sulle istituzioni Capitolo quarto: Profilo sociale 4.1 Impatto socio-economico 4.2 Impatto sulla salute del mondo 4.3 Andamento delle condizioni di lavoro 4.4 Ambiente Capitolo quinto: Profilo degli azionisti Appendice 2 INTRODUZIONE La Nestlé S.A. è stata fondata nel 1866 dal farmacista svizzero Henri Nestlé. Quando la Nestlé si fuse con la società anglo-svizzera Condensed Milk Co. nel 1905, ebbe inizio una espansione che continua ancora oggi. Il gruppo ha oggi assunto dimensioni colossali. Quando si parla di grandi imprese e del loro impatto globale, Nestlé può esserne considerata l’immagine più significativa. La presenza su scala mondiale della Nestlé, insieme ad un fatturato annuale dell’ordine dei 70 miliardi di dollari all’anno (circa 57 miliardi di Euro), le mette a disposizione il tipo di potere normalmente riservato agli Stati.
    [Show full text]
  • Aspectos Da Produção De Informação Estatística Oficial No Contexto Da Sociedade Atual Algumas Questões Teórico-Metodológicas
    Ministério do Planejamento, Orçamento e Gestão Instituto Brasileiro de Geografia e Estatística – IBGE Diretoria de Pesquisas Departamento de Metodologia Textos para discussão Diretoria de Pesquisas número 02 Aspectos da produção de informação estatística oficial no contexto da sociedade atual Algumas questões teórico-metodológicas Rosa Maria Porcaro Rio de Janeiro 2000 Instituto Brasileiro de Geografia e Estatística - IBGE Av. Franklin Roosevelt, 166 - Centro - 20021-120 - Rio de Janeiro, RJ - Brasil Textos para discussão. Diretoria de Pesquisas, ISSN 1518-675X Divulga estudos e outros trabalhos técnicos desenvolvidos pelo IBGE ou em conjunto com outras instituições, bem como resultantes de consultorias técnicas e traduções consideradas relevantes para disseminação pelo Instituto. A série está subdividida por unidade organizacional e os textos são de responsabilidade de cada área específica. ISBN 85-240-0831-8 © IBGE. 2000 Impressão Gráfica Digital/Centro de Documentação e Disseminação de Informações - CDDI/IBGE, em 2000. Capa Gerência de Criação/CDDI Porcaro, Rosa Maria Aspectos da produção de informação estatística oficial no contexto da sociedade atual : algumas questões teórico- metodológicas / Rosa Maria Porcaro – Rio de Janeiro : IBGE, Departamento de Metodologia, 2000. 72 p. - (Textos para discussão. Diretoria de Pesquisas, ISSN 1518-675X, n. 2) Inclui bibliografia. ISBN 85-240-0831-8 1. Sistema estatístico – Brasil. 2. Sociedade da Informação. 3. Estatística – Metodologia. $. Brasil – Estatística – Organizaçãio. I. IBGE. Departamento de Metodologia. III. Título. III. Série. Gerência de Biblioteca e Acervos Especiais CDU 311.3(81) IBGE/RJ/2000-12 EST Impresso no Brasil / Printed in Brazil Apresentação O presente estudo se insere em um contexto de discussão mais amplo, já em curso em vários fóruns e sob diversas formas, no qual se discute como as grandes transformações que marcam a sociedade atual se refletem na estruturação conceitual- metodológica do sistema oficial de informação estatística.
    [Show full text]
  • Management Report 2005 2005: Excellent Growth; the Management Report Contains Forward Looking Statements Which Refl Ect Management’S Current Views and Estimates
    Nestlé Nestlé Management Report 2005 2005: excellent growth; The Management Report contains forward looking statements which refl ect Management’s current views and estimates. The forward Wellness in action acceleration of the Group’s looking statements involve certain risks and The transformational opportunity uncertainties that could cause actual results to differ materially from those contained in transformation the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fl uctuations, competitive product and pricing pressures and regulatory developments. In case of doubt or differences of interpretation, the English version shall prevail over the French Management ReportManagement 2005 and German text. Excellent growth and another year of delivery of the Nestlé Model > Sales increased 7.5% to CHF 91.1 bn > The Group’s organic growth reached 6.2%, above target of 5-6% > EBITA rose from CHF 10.8 bn to CHF 11.7 bn; margin increased from 12.7% to 12.9% > Net profi t rose 20.7% to CHF 8.0 bn; underlying EPS rose 12.9% Strong cash fl ow facilitates increased returns to shareholders > Strong operating cash fl ow, exceeding CHF 10 bn and free cash fl ow, exceeding CHF 6.5 bn > Completion of fi rst share buy-back programme, with value of CHF 1 bn > Launch of second share buy-back programme, with value of CHF 3 bn > Proposed dividend of CHF 9.– per share, an increase of 12.5% Major strategic brands drive Food & Beverage (F&B) to triple market’s growth rate > F&B achieved 6%
    [Show full text]
  • The World Is Flat Thomas Friedman Designed by Jonathan D
    The World is Flat Thomas Friedman Designed by Jonathan D. Lippincott www.fsgbooks.com I 3 5 7 9 10 8 6 4 2 To Matt and Kay and to Ron Contents How the World Became Flat One: While I Was Sleeping / 3 Two: The Ten Forces That Flattened the World / 48 Flattener#l. 11/9/89 Flattener #2. 8/9/95 Flattener #3. Work Flow Software Flattener #4. Open-Sourcing Flattener #5. Outsourcing Flattener #6. Offshoring Flattener #7. Supply-Chaining Flattener #8. Insourcing Flattener #9. In-forming Flattener #10. The Steroids Three: The Triple Convergence / 173 Four: The Great Sorting Out / 201 America and the Flat World Five: America and Free Trade / 225 Six: The Untouchables / 237 Seven: The Quiet Crisis / 250 Eight: This Is Not a Test / 276 viii Developing Countries and the Flat World Nine: The Virgin of Guadalupe / 309 Companies and the Flat World Geopolitics and the Flat World Eleven: The Unflat World / 371 Twelve: The Dell Theory of Conflict Prevention / 414 Conclusion: Imagination Thirteen: 11/9 Versus 9/11 / 441 Acknowledgments I 471 Index I 475 :::::How the World Became Flat ::::: ONE While I Was Sleeping Your Highnesses, as Catholic Christians, and princes who love and promote the holy Christian faith, and are enemies of the doctrine of Mahomet, and of all idolatry and heresy, determined to send me, Christopher Columbus, to the above-mentioned countries of India, to see the said princes, people, and territories, and to learn their disposition and the proper method of converting them to our holy faith; and furthermore directed that I should not proceed by land to the East, as is customary, but by a Westerly route, in which direction we have hitherto no certain evidence that anyone has gone.
    [Show full text]
  • Annual Report 2002 Year Ended March 31, 2002
    Annual Report 2002 Annual Report 2002 year ended March 31, 2002 Sony Corporation Sony Corporation Annual Report 2002 Financial Highlights Sony Corporation and Consolidated Subsidiaries Year ended March 31 Yen in millions Dollars in except per share amounts and millions except number of employeesPercent change per share amounts 2001 2002 2002/2001 2002 FOR THE YEAR Sales and operating revenue ¥7,314,824 ¥7,578,258 +3.6% $56,979 Operating income 225,346 134,631 – 40.3 1,012 Income before income taxes 265,868 92,775 – 65.1 698 Income before cumulative effect of accounting changes 121,227 9,332 –92.3 70 Net income 16,754 15,310 –8.6 115 Per share data: Income before cumulative effect of accounting changes —Basic ¥ 132.64 ¥ 10.21 – 92.3% $ 0.08 —Diluted 124.36 10.18 – 91.8 0.08 Net income —Basic 18.33 16.72 –8.8 0.13 —Diluted 19.28 16.67 – 13.5 0.13 Cash dividends 25.00 25.00 0.19 AT YEAR-END Stockholders‘ equity ¥2,315,453 ¥2,370,410 +2.4% $17,823 Total assets 7,827,966 8,185,795 +4.6 61,547 Number of employees 181,800 168,000 Notes: 1. U.S. dollar amounts have been translated from yen, for convenience only, at the rate of ¥133=U.S.$1, the approximate Tokyo foreign exchange market rate as of March 29, 2002. 2. Cash dividends per share of common stock for the year ended March 31, 2002 include a dividend which is subject to approval of the Ordinary General Meeting of Shareholders to be held on June 20, 2002.
    [Show full text]
  • Corporate Governance Board of Directors Executive Board at 1St July 2004 Nestlé Corporate Governance 1St July 2004
    Corporate Governance Board of Directors Executive Board at 1st July 2004 Nestlé Corporate Governance 1st July 2004 Contents 1. Board of Directors. 2 1.1 Members of the Board of Directors . 2 1.2 Other activities and functions . 4 1.3 Cross-involvement . 6 1.4 Time of first election and remaining term of office . 6 1.5 Allocation of tasks within the Board of Directors . 7 2. Executive Board. 7 2.1 Members of the Executive Board . 7 2.2 Other activities and functions . 9 1 Nestlé Corporate Governance 1st July 2004 1. Board of Directors 1.1 Members of the Board of Directors(1) a) Name / Year of birth / Nationality / Education Name Year of birth Nationality Education Rainer E. Gut 1932 Swiss Swiss Matura Diploma and professional Chairman training in Switzerland, Paris, London Peter Brabeck-Letmathe 1944 Austrian Degree in Economics Vice Chairman and CEO Andreas Koopmann 1951 Swiss Degree in Mechanical Engineering and Business Administration Edward George (Lord George) 1938 British Degree in Economics Rolf Hänggi 1943 Swiss Degree in Law Jean-Pierre Meyers 1948 French Degree in Economics Peter Böckli 1936 Swiss Attorney-at-law Nobuyuki Idei 1937 Japanese Degree in Political Science and Economics André Kudelski 1960 Swiss Degree in Physics Kaspar Villiger 1941 Swiss Degree in Mechanical Engineering Daniel Borel 1950 Swiss Degree in Physics and in Computer Science Carolina Müller-Möhl 1968 Swiss Degree in Political Science (1) For complete information: please refer to individual CVs on www.nestle.com Name Professional Background(1) Rainer E.
    [Show full text]
  • Preface Chapter 1 Chapter 2 Chapter 3
    Notes Preface 1. See, e.g., Wang (1998a). Wang and Nolan (1998) contains several of Dr Wang’s papers on Chinese enterprise reform as well as one long paper of my own. Chapter 1 1. My own contributions to that debate, especially in relation to China, were pub- lished in various places (Nolan, 1990, 1993a,b, 1994, 1995). 2. The Pennsylvania Railroad employed 110 000 people by 1891, probably the world’s then largest business (Schmitz, 1993: 19). Chapter 2 1. For example, between 1992 and 1997, revenues rose by 59 per cent at GE, 53 per cent at Ford, 33 per cent at Shell and 34 per cent at GM. Employment in these giant firms rose by just 19 per cent at GE, 12 per cent at Ford, and fell by 17 per cent at Shell and 19 per cent at GM (UNCTAD, 1995, 1999). Chapter 3 1. These 100 enterprises were chosen in November 1994. Of these 28 were classi- fied as super-large, 67 large and five medium-sized enterprises. They employed over 1.5 million people and most were members of large enterprise groups in their own right (Huang, Wu and Yao, 1998: 35) with an average of 20 members per trial enterprise group (Zou and Zhang, 1991). 2. These measures, shrouded in greater secrecy than those related to business group development, orient around closer relationships between the banking sector and the chosen LMEs. The 512 LMEs in this ‘vanguard’ were among the largest in the state sector. Although they constituted just 1 per cent of all state firms they accounted for 55 per cent of assets, 60 per cent of sales and 80 per cent of taxes of the state industrial sector (CDBW, 14 January 1998).
    [Show full text]
  • Leading National Advertisers 2003
    Coversheet of an Online File Download From The News, Feature and Data Web Site of Advertising Age Title of the attached .pdf file: The 2003 Ad Age 100 Leading National Advertisers Report, The Full Corporate Profiles, 78-page Edition AdAgeSPECIALREPORT6.23.03 48TH ANNUAL 10LEADING 0 NATIONAL ADVERTISERS ADVERTISER PROFILE EDITION Supplement to the Ad Age Special Report, June 23, 2003 A comprehensive listing of advertising spending by media and brand sales and earnings, plus key marketing personnel, brand groups and their agencies. © Copyright 2003 Crain Communications Inc. 100LEADINGNATIONALADVERTISERS June 23, 2003 | Advertising Age |2 Ⅵ ADVERTISING AGE’S EXCLUSIVE RANKING OF THE NATION’S TOP SPENDERS METHODOLOGY THE 100 LEADING National Advertisers are Age estimate and includes direct mail, sales selected from the 250 largest national promotion, co-op, couponing, catalogs, business TO REACH US advertisers based on measured U.S. media and farm publications and special events, to Online: spending in 2002. That group is pared to 100 name a few. Unmeasured is the difference CLICK to get daily marketing news from AdAge.com after estimated unmeasured expenditures are between a company's reported or estimated ad added. All ad spending figures throughout this costs and its measured media. CLICK for AdAge.com’s Customer Service page report are U.S. only. A company's reported ad costs, typically EMAIL: For questions about this report, Measured media advertising is spending in 14 worldwide, are found generally in public email [email protected] national consumer media monitored by TNS documents and are weighted by Ad Age to For general editorial information, write to Media Intelligence/CMR and Yellow Pages from reflect a U.S.-only percentage.
    [Show full text]