Corporate Finance

Running head: CORPORATE FINANCE
Corporate Finance
Name of the Student:
Name of the University:
Authors Note:

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Contents
Introduction:....................................................................................................................................2
Part A:..............................................................................................................................................2
Computershare Limited:..............................................................................................................2
Evolution Mining Limited:..........................................................................................................4
Part B:............................................................................................................................................11
Conclusion:....................................................................................................................................14
References:....................................................................................................................................15

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Introduction:
Wealth maximization and profit maximization are the two primary objectives of business
organizations. However, since a business organization operates within the society, it has certain
responsibilities towards the society and environment. Wealth and profit maximization objectives
have to be achieved but not at the expense of environmental issues and unethical practices.
Computershare Limited and Evolution Mining Limited are the two companies selected for the
purpose of assessment of its annual reports to find out whether they have practiced ethically to
achieve wealth and profit maximization.
Part A:
Company objectives:
A stock share company, Computershare Limited provides stock related and corporate trust
services in Australia and other parts of the world. As per the information contained in the official
website of the company as well as in annual reports of the company, the objectives of the
company explained here.
Computershare Limited:
Creating value:
Creating value through top quality stock transfer, corporate trust and other such services is one of
the main objectives of the company. Creating value for the shareholders as well as customers is
the main objective of the company. This will help in maximizing the wealth of the shareholders
of the company.
Maximizing profit:

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Maximizing profit of the company is another important objective as it will help the company to
sustain its operations in the long run. Maximizing profit is possible to be achieved by reducing
the cost of business operations (Computershare.com, 2019).
Complying with environmental issues:
Computershare has committed towards improving the environment by using clean and
sustainable energy. As an artificial but social person it is the responsibility of the company to
improve the environment by conserving natural resources and the management as can be seen in
the Board of Directors’ report.
Ethical practices:
The company has clear goal of using ethical practices to achieve its objectives. No unethical
practices shall be allowed and strict actions shall be taken against anyone found to have
committed unethical practices. The company aims to be an ethical supplier and it has achieved
operational efficiency by being and ethical supplier over the years (BROWN, 2009).
Providing employees with all necessary facilities:
The company has a standard policy to provide its employees and workers suitable working
condition. The workplace should be conducive for employees and workers to discharge their
duties and functions towards the organization. Ensuring safety and security to the workers and
employees of the company is a compulsory objective of the company.
No discrimination against women and gender equality: