Assessment Brief:

You are required to select a public limited company from the list below, conduct research and write a 3,000-word assignment addressing the following questions:

1. Analyse the firm’s financial performance during the last three years. Identify the financial actions taken and policies adopted during these years, as far as you can tell from the available information. Investigate and discuss to what extent you think the company has been able to increase shareholders’ wealth through the financial actions you have identified. (30%)

2. Critically evaluate important qualitative factors analysts should consider when evaluating a firm’s likely future financial performance. (20%)

3. Critically evaluate the extent to which you agree with the statement that corporate governance helps ensure achievement and retention of shareholders’ wealth using your selected company. (20%)

4. Carry out a valuation of the company following three valuation methods seen in class and compare it to the company’s market value (Stock price) (30%)

Substantiate your answer with appropriate theories or concepts, relevant supporting calculations and empirical evidence/examples.

Choose one of the following companies:

– BMCE; or

– Afriquia Gaz; or

– Delattre Levivier Maroc DLM; or

– Saham; or

– Label Vie.

Assignment/coursework general submission requirements:

• The coursework is due for submission at the reception.

• Your formulae, workings and ratios should be shown in your appendices, not in the main body of your work.

• Your student identification number must be clearly stated at the top of each page of your work.

• A declaration that the work is your own (apart from otherwise referenced acknowledgements) must be included after the title page of your assignment.

• Each page must be numbered.

• Please use a minimum font size of 14.

• Where appropriate, a contents page, a list of tables/figures and a list of abbreviations should precede your work.

• All referencing must follow Harvard referencing.

• A word count must be stated at the end of your work.

• Your course, year of study and the relevant module must be included as a “footer” on each page.

• Appendices should be kept to the minimum and be of direct relevance to the content of your work.

• All tables and figures must be correctly numbered and labelled.

• Your assignment/coursework should be submitted in one A4 transparent pocket.

• Standard assessment regulations apply. You must reference your work as required by Cardiff Metropolitan University regulations and must include a bibliography.