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Ethics and Corporate Responsibility - 1691 Words

Ethics and Corporate Responsibility Legal, Ethics, and Corporate Governance Jekilan Hill-Barrett Professor Weekley November 23, 2014 Ethics and Corporate Responsibility The stakeholders within PharmaCARE are all the individuals and groups that are affected by the company’s decisions. The employees that may suffer from the lack of environmental safety or abuse of the production location allowing the organization to payless to workers for their hard work. The consumers of the organization’s products that may purchase bad goods that cause a negative reaction. The investors and stockholders who will lose any monetary investment due to the company’s loss of profits which would be an effect of inappropriate management of†¦show more content†¦PharmaCARE likes to save money whenever it can by paying the least knowledgeable or least needy at least for their life style the lowest income while providing those who have a greedy nature with the most income. This is shown by how they have taken advantage of the Colebrian people and their indigenous culture of only taken what they need to survive. While the executives live in the lap of luxury. By at least taking care of the decision makers they are actually paying them off to be quiet and help the organization save money and turn a profit. The rank and file workers are also taken advantage of because the company is utilizing their skills and knowledge while making them suffer the consequences can faces of bad management and safety violations so the company can save money to insure a profitInstead of firing everyone management could take the more ethical approach and report the company for any and all violations. The benefits for them would be that they would be able to keep their jobs since they would not be able to be fired. The evidence is piling up against the organization and they will eventually lose their jobs anyway. By revealing the truths, it is more likely promotions will be given and bosses will be fired In noticingShow MoreRelatedEthics and Corporate Responsibility1588 Words   |  7 Pagesï » ¿ Name Institution Course Date Ethics and Corporate Responsibility in the Workplace and the World Introduction Today’s world is corporate world since we either work their consumers their product or live around one. These corporates should maintain good ethics on the people working for it the surrounding community and their consumers. They should uphold their corporate responsibility by give back to the community and making sure they conserve the environment in all their processes (FrederickRead MoreCorporate Social Responsibility And Corporate Ethics1468 Words   |  6 Pagesfact that your business exists in the environment, the responsibility of this depends on many stakeholders, such as local communities, customers, employees and suppliers. On the other hand the way the products are produced and manufactured has a significant impact on the environment. In this context the concept of corporate social responsibility has great relevance for the survival of any business. In corporate terms, social responsibilities promote companies to maintain a closer relationship withRead MoreEthics And Corporate Social Responsibility1637 Words   |  7 Pagescontributed to Managing Sustainability: Ethics and Corporate Social Responsibility in the post-bureaucratic era. â€Å"Leadership is the process of directing, controlling, motivating and inspiring staff toward the realization of stated organizational goals† (Clegg, S.R. Kornberger, M. Pitsis. 2011, p.126.) Leadership in the post-bureaucratic era is essential for the success of a company, and also plays part into the Sustainability of Ethics and Corporate Social Responsibility for an enterprise. In this essayRead MoreCorporate Social Responsibility And Corporate Ethics Essay1485 Words   |  6 PagesCorporate social responsibility has become a major issue in the recent past to the extent in which there are watchdog organizations that monitor actions of corporations and file a report indicating companies that aren’t socially responsible. Such organizations are known as sustainability auditing firms (Gallagher, 2012). This has made most of the companies that are growing to issue corporate social responsibility reports alongside their annual business reports. Citigroup is a financia l service companyRead MoreCorporate Ethics And Social Responsibility1528 Words   |  7 Pages Corporate Ethics and Social Responsibility Amanda Rabius PHL/320 10/9/17 Hank Reeves â€Æ' Corporate Ethics and Social Responsibility Ethics and Corporate Social Responsibility in the corporate world are very important. By understanding business ethics and socially responsibility, companies can develop and implement a socially responsible plan. Organizations are no doubt an assembly line of different networks that are both complex and dynamic in nature which face various conflicts. With this, a qualitativeRead MoreThe Ethics Of Corporate Social Responsibility2955 Words   |  12 Pagesmanufactured and process. This has been deemed an important indicator of corporate social responsibility (CSR) and business ethics. The ethics of corporate social responsibility disclosure have historically been some of the most difficult to reconcile with earnings expectations and activist demands (Browne and Haas, 1974; Filios, 1984, 1986; Gelb and Strawser, 2001; Robertson and Nicholson, 1996). As a result, corporate social responsibility (CSR) is considered as key for the survival of organizations. ARead MoreEthics, Corporate Social Responsibility And Fiduciary Responsibilities Essay1695 Words   |  7 Pagesbusiness ethic terms and look for examples in the business fields that have an ethical or unethical reputation, this will give the opportunity for the business leaders to steer their employees into a healthy environment for their business to go the right direction. The definition of business ethics is the study of proper business policies and practices regarding potentially controversial issues. These issues include the global codes of ethics, corporate governance, corporate social responsibility andRead MoreEthics And Corporate Social Responsibility1820 Words   |  8 PagesRachael Pritchard MGT 465 Debate # 1 Not in favor of CSR Corporate Social Responsibility Corporate Social Responsibility is essentially the idea that corporations should and have the responsibility to act outside of their own interest of profits and interest of shareholders. That a majority of the responsibility to fix economic, environmental, and social issues somehow weighs more heavily on corporations shoulders than our own. I am not in favor of this notion for several reasons to which I willRead MoreBusiness Ethics And Corporate Social Responsibility Essay1382 Words   |  6 PagesSOLUTION Business Ethics Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual’s actions also apply to business. Acting in an ethical way involves distinguishing between â€Å"right† and â€Å"wrong† and then making the â€Å"right† choice. It is relatively easy to identify unethical business practices. For example, companies should not use child labor. They should not unlawfully use copyrighted materials and processes. They should not engageRead MoreBusiness Ethics and Corporate Social Responsibility756 Words   |  4 PagesBusiness Ethics and Corporate Social Responsibility April Duhon DeVry University The United States has several laws that are intended to further fair, balanced, and competitive business practices. Do you think that such laws are effective? If so, why? If not, why not? The effectiveness of the laws that the United States have that are intended to further fair, balanced, and competitive business practices depends on how ethical a business is. Below I will explain why I do not believe these

Adolf Hitler Final Free Essays

string(84) " They argued that why should you promote someone who was not popular to his people\." Adolf Hitler was born in 1889 on April 20th. He was a son to an Austrian customs official who was at the age of 52 at Hitler’s birth. His father was called Alois Schickelgruber Hitler and his mother who was a third wife of his father was called Klara Poelzi. We will write a custom essay sample on Adolf Hitler Final or any similar topic only for you Order Now Both were from lower Austria. Hitler was resentful and moody he was never contented with anything; he was argumentative and short tempered. In fact he was very hostile to his father who was an authoritarian but greatly attracted to his mother who was very hard working. His mother’s death of cancer was a very big blow to the adolescent Hitler whom he adored very much in fact he went with a photo of his mum wherever he went. His mother was loving, caring and she always sided with Hitler whenever his father’s bitterness got the better of him. Hitler and his father always crossed swords when his father insisted that Hitler should become a civil servant Hitler wanted to be an artist. In school (Ellis J., 1945, 198) Hitler was unpopular and stayed aloof. He was an introvert and made very few friends. He was extremely lazy and performed dismally in school. In later years he claimed that history was his favorite subject and that he performed very well something that his teacher objected to. For example, the 1905’s Hitler’s final school report shown that in history results were rated only as ‘satisfactory’. Hitler was capable of performing well but never worked for it. When Hitler was only 13 years his father died and after that he dropped out of school as there was no strong influence to keep him in school. His mother supported him while he was in school though he performed poorly. Even after Hitler’s father died he never stopped his dream of becoming an artist and after he left school for Vienna he started to pursue his dream although his mother’s death shattered his life. He was affected psychologically by his mother’s death of cancer. Those who were close to Hitler said that he even spent hours gazing at the dead body of his mother and drawing the sketches of it. He had applied for a vacancy in Vienna so that he could pursue his goal of becoming an artist; his application to the Vienna academy of art was rejected. At that time he had no job and money. In the meantime, he used to sell post cards and clearing snow pathways in return for money. It is at this time that Hitler’s mind became warped. He developed very strong animosity towards Jews. This was because the Jewish professor at Vienna academy rejected his work, secondly he blamed the Jewish doctor for not preventing the death of his mother and third because he thought that it was only the Jews who were rich and stayed in those beautiful houses on whose snow bound paths he cleared. His hatred of the Jews was known as anti-Semitism. For the five years he stayed in Vienna he referred this time as â€Å"five year of hardship and misery† in his book â€Å"Mein Kampf† he blamed his hardship and miseries to the Jews. In an attempt to run away from his trouble, he tried to join Austrian army but he failed medically because of eating poor food and lack of sleeping enough. According to the medical report he was too weak to carry weapons. This time he was leading a life of hand to mouth. He did occasionally odd jobs and hawking the sketches he drawn in the town. Hitler compensated for the frustrations of his bachelor life miseries by going to the cheap cafes where he made his political harangues on his dreams of a Greater Germany to anyone who would listen to him. (Ellis J., 1945, 220) While still in Vienna, he acquired his first education in politics by learning about the Christian social mayor’s demagogical techniques. It was at this time that he perfected his stereotyped obsessive ness in anti-Semitism. He accused the Jews of having a conspiracy to put down the German nation and the purity of the creative Aryan race Hitler left Vienna for Munich in May 1913 and when in the following year the war broke out he joined the 16th barbarian infantry regiment where he served as a dispatch runner. Here he proved to be an able and to brave soldier. He even won the iron cross title for bravely though he never rose beyond the rank of lance corporal. Before the end of the First World War he was wounded twice forcing him to a hospital bed in Pomerania where he spent three months recuperating. After the November 18th abortive German revolution, Hitler became furious with age after the Germany’s military was defeated, he strongly believed he was the fit one to rescue his ravaged and humiliated nations from the hell of troubles it inherited from the Versailles treaty from Jews and Bolsheviks. In 1924 Hitler said in a written document that he was fortunate to live at such a time. He was a regimental massager whose job was to convey messages to officers behind the front line and then back to the front line with new messages. This was a dangerous job and proved beyond reasonable doubts that he was a brave solder. His fellow compatriots were not amused by how Hitler kept on bragging over the achievements of the trench warfare. They also hated him because he did not mix with them well. Later he was promoted to the rank of a corporal but this promotion was not fair to him taking in to consideration that after those four years he was given that simple promotion. His colleagues thought that his inability to socialize and mix with others well and his inability to sell his ideas well to the rest of the members comprised his promotion. They argued that why should you promote someone who was not popular to his people. You read "Adolf Hitler Final" in category "Papers" Though his colleagues never liked him he was much recognized by the officers for his bravely which worn him the Germany’s highest award-Iron Cross. In total he received six medals which were due in his bravery. Up to 1918 (Gilbert M., The Second World War: p 72) Hitler was still convinced that Germany was winning the war but the war cost Hitler a lot in fact. In the same year just one month before the war ended, he was gas attacked at type and this made him to be temporary blind though for a period of three months he as in hospital bed, when he received the news that Germany had lost out of the hospital and his eyesight restored. He felt deeply convinced that Germany was defeated simply because of the Jews. It never occurred to him that Germany would have surrendered he felt that the Jews back stabbed Germany and it was a perfect idea if they were eliminated in Germany. Hitler had been temporarily blind because of the mustard gas attack he received in October 1918 in Belgium. While Hitler was recovering from the injuries he sustained in the war, the communities with the help from the Jews were trying to establish themselves and sell their ideas to Germany but their moves were abortive. They wanted to revolutionize Germany from capitalism to communism and from 9th November 1918 the socialists took control of the government. After Germany had lost the war the monarchy system came to an end and it become a republic and a constitution was made a slot for a president with political and military might. An election was done and the Centrist government took over and it came to be called the Weimar Republic. The German government on June 28th 1919 ratified the treaty of Versailles. It stated that Germany was responsible for causing the first thus it was required to pay the reparations to the allied powers or the victorious powers like Britain, France and Italy. The treaty was also required Germany to demilitarize the Rhineland, limit its army to only 100,000 army men and to control its military strength. These terms of the treaty were humiliating the Germans and they undermined the proper performance of the Germany’s government. These oppressive terms were used against liberating Germany from the humiliations caused by the treaty. Hitler especially used these terms as his campaign tool. He echoed the paining terms of the treaty and condemned it. By doing this, he was able to rally behind a big mass of supporters. He believed that Germany was a great nation and was not a simple country that could be subjected to humiliations of such magnitudes.   In 1923, Hitler sensing that Weimar government was on the verge of collapsing, General Ludendorff himself and the local nationalists tried to overthrow the Bavarian government. Hitler stormed in a bar at Munich and fired a pistol in to the ceiling; he shouted out that he was the head of the new provisional government that would bring a revolution to the â€Å"Reed Berlin† Thinking he had already overthrown the government he marched with about three thousand men but met a very strong police fire that saw 16men dead. He was captured and arrested. In 1924, February 26 he was tried and he somehow succeeded in convincing his accusers that he was pursuing the right goal. He shouted pronounce us guilty a thousand time over the goddess of the eternal court of history will smile and tear to pieces the state prosecutors submission and the court’s verdict for she acquits us†(Morrow J., 1663; 234) Hitler was convicted and sentenced to five years in prison in Landsbergis fortress and nine months later he was released. He advanced his stereotyped and prejudiced views against Jews. The experience he acquired from the abortive power overturn transformed him from being unskilled adventurer to a wise politician. He realized that it is not a wise idea to face gun nozzles of the army unless he was in command. He also comes to know that Germany was not to be revolutionized through unlawful and powerful seizure of the ruling government but by the alteration of the Weimer’s constitution. He began mobilizing the mass which had become disintegrated to push for changes in the government. He drafted the party’s manifesto which comprised of twenty five points and on 24th February read the content to his followers .Those who opposed him and his ideas were crushed with whips and rubber truncheons by his royal supporters. Hitler was eloquent and new how to manipulate the population by employing his propagandas or what can be referred to as the demagogical skills, in his draft he openly criticized the Versailles treaty and leveled his anger on Jews. When Hitler was released from prison having only served for only nine months, he resolved using diplomatic means to seize power. He called for Germany to stand up to the yoke of Jews and communists and support an empire that would rule them for a thousand years. In 1929, the wall stock exchange collapsed, all the external grants and loans dried up and all the industrial production flopped and many people were rendered jobless. After the elections that were held (Adreas H, 1982; 91) Hitler’s party scooped 18% of the votes in 1930 and after two years Hitler won 30% of the votes as a president. In 1932 July the Nazi party which was the biggest than others did not get the majority. Hitler wanted to be the chancellor but was given the post of a vice chancellor in the government which was formed by different parties but he rejected. After that a deal was reached which saw him becoming the chancellor in 1933. After Paul von Hindenburg who had beaten him in the election died (Beevor A., 2002; 137) Hitler was agreed through a consensus to succeed Hindenburg. After Hitler took over he suppressed all the other political parties and become a dictator. With the improving economy he was able to advance his ideas he even build an industrial machine as a preparation for war. By 1937, he was ready to execute his ever dreamt of plans as were outlined in his book Mein Kampf. Those who objected to his master plans were thrown out of the way. In 1935, he refused to stick to the terms of the Versailles treaty and started rearming by recruiting five times contrary to the agreement and he pushed Britain to let him increase his naval base. A year later he marched on to Rhineland which was supposed to be demilitarized. He met no resistance from the allied powers. Afterward, Luftwaffe was build. This re-armament created jobs and economic growth. According to (Adreas H. 1982; 78) Hitler forced France and Britain to break the Munich agreement and led to the eventual Czechoslovakia dismantlement in 1939. He executed the Jews and political extremists who opposed his ideas. In 1939, September 1st he invaded Poland. He applied his new war strategy which was called blitzkrieg which involved short quick attacks, fast mobile armor and ground men to wipe anything that might have been left by the bombs. Poland was defeated in less than a month. In 1941, he dishonored the non-aggression pact which he had signed with the Soviet Union. This made him to have two front wars. In December the same year, USA joined the war against him to join hands with the allies. In 1944, the allies had greatly advanced. They bombed Germany cities and crushed Germany’s friend-Italy. The war turned sour on his side because his soldiers started disobeying him and even mutinied. Also when his chosen lieutenants saw that they were about to be defeated, they started going against Hitler’s wishes although his dream of wiping European Jews had been realized. He had already killed 2/3 of the total; Jewish population. When he sensed defeat, he killed himself on 1945 April 30th. Later, Eva Brawn his wife who was a long time mistress and by then newly married committed suicide to follow his husband. Hitler committed suicide by shooting himself in the mouth with a pistol. Their bodies were taken to the Reich Chancellery Gardens where they were cremated in petrol fire. His death marked the end of unrealized legacy of Germanic Reich. How to cite Adolf Hitler Final, Papers

Analysis of REA Group - Free Samples - MyAssignmenthelp.com

Question: Discuss about theAnalysis of REA Group. Answer: Introduction REA group Ltd is one of the multinational digital advertising firms specialising in real estate development. The company advertises property as well as property-related on mobile application and websites in Europe, Asia and Australia. Its chief segment comprises of Europe, Asia, Australia and North America. REA Group operates commercial and residential property sites, realcommercial.com.au as well as realestate.com.au in Australia (Financial Times 2017). It operations are disruptive and innovative (REA Group 2016). On the other hand, the company independent auditor is Ernst Young Australia, which is responsible in auditing REA Group financial statements to ensure that they are presented in accordance with Australian Accounting Standards. According to their audit, the statements or reports of the company were compliant with set Act of 2001 including providing fair and true view of its financial position as at June 2016 and complying with relevant Corporations Regulations 2001 as well as Australian Accounting Standards (REA Group 2016). It share prices are up with around 1000% over the last ten years, with the most recent price as of 11th September 2017 being at $67.90, an increase of 0.67% from the previous day (Richardson 2017). Its dividend per share increased with around 11.66% to 0.91 (Financial Times 2017). Industry Situation and REA Group Plans The industry face stiff competition for the customers. Despite the stiff competition, in the industry, REA Group have continued to experience increased growth which is viewed as an abundant achievement based on the current market environment. In spite of the overall volume of the property listing recording flat rate in the year 2016, REA Group operation in Australia have seen around 17% growth in its revenue to approximate $555.2 million (REA Group 2016). To place REA Group on top of the map, the company future plans entail complementing its European operations by supporting its development of the new products (Financial Times 2017). It also plans to launch Spacely, the new listing site which would make it a bit easier for the Australians to look for the short-term commercial rentals and the co-working spaces which could meet their needs. REA Group is also planning to expand internationally by acquiring more online companies in order to increase in its revenue (Richardson 2017). Financial Statement Analysis As from Appendix 1 below, it is clear that the company net profit experienced a significant increase for the past three years. The increase is as a result of increase in its total sales and so forth. Furthermore, From Appendix 2 below, it is clear that the company had an attractive trend in its total liabilities, assets as well as total equity. In essence, for the last three years, it could be derived that total assets were all equal to total equity and total liabilities. This is evidence by the fact that total liabilities for 2014 was 21.39 and its total equity was 78.61% adding up to a total of 100% as the total assets margin. From the Appendix 3 below, it could be stated that REA Group was expanding in its investing activities. This is based on the fact that cash flow originating from the investing activities shows a tremendous increase over the past three years. Furthermore, from the analysis, it is evident that REA Groups key source of financing was from dividends paid to the shareholders. In addition, based on the above outcome, it is evident that the company cash decreased in 2015. Ratio analysis Ratios are crucial aspect in analysing financial performance of an organization in various sections of its operations. In addition, ratios are crucial in comparing companys financial performance within a given industry averages (Chen Shimerda 1981). In this case, profitability ratios, cash flow adequacy, Liquidity, market strength as well as long-term solvency ratios are used in analysing REA Group financial performances for the last three years starting from year 2014 to 2016. Working capital 2014 2015 2016 working capital 219.00 59.00 (10.00) As from above analysis, the company seems to enjoy relatively high working capital in 2014 as compared to 2015 and 2016. This shows that the company was efficient in the year 2014 and 2015 in comparison to the year 2016. Current ratio 2014 2015 2016 current ratio 3.17 1.59 0.96 From above results, it is clear that REA Group was experiencing smooth times in settling its short-terms debts using its most liquid assets. In essence, with relatively high current ratio, it could be stated that the company is at peace with making huge returns for its shareholders. Receivable turnover 2014 2015 2016 Receivable turnover 7.60 7.64 7.61 The outcome above, indicates that REA Group receivable turnover increased as from 7.60 to 7.64 and then to 7.61. This sign in the company shows that the company is efficient in collecting its credits. Average days sales uncollected 2014 2015 2016 Average days sales uncollected 0.14 0.13 0.14 As from the outcome above, it is clear that REA Group average days sales uncollected decreased and increased over time. This trend shows that the company would receive its cash from its sales in a short-term period. Profitability ratios: Profit margin 2014 2015 2016 Profit margin 34.26% 37.94% 37.77% Based on the above analysis, it is clear that profit margin for the company experienced an increasing and decreasing trend as from 34.26% to 37.94% and then to 37.77%. Asset Turnover 2014 2015 2016 Asset turnover 0.84 0.83 0.45 From the above analysis, it is evident that REA Group asset turnover decreased for the past three years. This means that for the last three years, the company management was not efficient enough. ROA 2014 2015 2016 ROA 28.88% 31.38% 17.08% From above analysis, REA Group seems to have experienced asymmetric trend in its ROA for the last three years. This is a clear picture that the firm has been able to efficiently use its assets to generate income. ROE 2014 2015 2016 ROE 36.74% 37.68% 35.42% As from the results above, it is evident that REA Group ROE increased in 2015 but in 2016 it experienced a slight decrease. Despite the decrease, the ROE for the past three years is relatively high meaning that the company was able to use its equity to generating income. Long term solvency ratios: Debt to equity 2014 2015 2016 debt to equity 0.27 0.20 1.07 From the above ratio, it is evident that for the past three years, REA Group debt to equity experienced a decreasing and increasing trend. This trend is a clear indication that the company is using too much debt or money from creditors in financing its operations instead of using its shareholders equity. Interest coverage 2014 2015 2016 Interest Coverage - - -41.98 In the above results, it could be indicated that for the last three years, the company has been experiencing some difficulties in settling its interest expenses using its EBIT. Cash flow adequacy Cash flow yield 2014 2015 2016 cash flow yield 1.22 0.91 0.87 As from the above results, it is clear that REA Group experience a decreasing trend in its cash flow yields. The decrease show that the company has been experiencing some hitches in generating cash from its present undertakings. Cash flows to sales 2014 2015 2016 cash flow to sales 0.58 0.14 0.19 Based on the outcomes, it could be stated for the past three years, REA Group cash flow to the sales decreased. This shows that the company has been experiencing some difficulties in turning its revenue or sales to cash. Cash flows to assets 2014 2015 2016 Cash flow to assets 0.49 0.12 0.09 From above outcomes, it could be indicated that REA Group cash flow to the assets decreased for the past three years. This indicates or displays that the firm has been experiencing some difficulties in turning its assets to cash.Free cash flow 2,014 2,015 2,016 Free cash flow 157.58 149.36 181.34 As from the above analysis or outcomes, it can be stated that REA Group free cash flow increased for the past three years. Market strength Ratios Price/earnings per share 2014 2015 2016 P/E 32.7% 32.5% 29.8% Based on the above outcomes, it is clear that REA Group P/E ratio experienced a decreasing trend for the last three years. Dividends yield 2014 2015 2016 Dividend yield 1.4 1.4 1.8 From the above outcomes, it could be stated that REA Group dividend yield experienced relative increase over the last three years. Conclusion In conclusion, it is evident that for the last three years REA Group was financially stable. This is evident by relatively high profitability ratios such as high and increasing trends in its ROE, asset turnover and ROA. Furthermore, with the fact that the company free cash flow increased over the past three years, it is evident that REA Group was financially stable and was efficient enough in maintaining its competitiveness in the market. In essence, based on the above analysis, I would consider REA Group as a strong performer and therefore, would prefer investing in its in future. REFERENCES Altman, EI 1968, Financial ratios, discriminant analysis and the prediction of corporate bankruptcy, The journal of finance,23(4), 589-609. Barnes, P 1987, The analysis and use of financial ratios: a review article,Journal of Business Finance Accounting,14(4), 449-461. Chen, KH Shimerda, TA 1981, An empirical analysis of useful financial ratios,Financial Management, 51-60. Financial Times 2017, Equities, REA Group Ltd ASX; Viewed at 11th September 2017 from; https://markets.ft.com/data/equities/tearsheet/financials?s=REA:ASX Higgins, RC 2012,Analysis for financial management. McGraw-Hill/Irwin. Lev, B Sunder, S 1979, Methodological issues in the use of financial ratios, Journal of Accounting and Economics,1(3), 187-210. REA Group 2016, REA Group Limited annual report 2016; Viewed at 11th September 2017 from; https://www.rea-group.com/annualreport/2016/files/assets/common/downloads/REA%20Group%20Limited%20Annual%20Report%202016.pdf Richardson, T 2017, Why the REA Group Limited share price just hit a record high: Viewed at 11th September 2017 from; https://www.fool.com.au/2017/07/21/why-the-rea-group-limited-share-price-just-hit-a-record-high/