This case analyzes the April 2007 verdict of British music company EMI to freeze its annual dividend as the company struggled to respond to the effect of digital audio distribution on its core business. In managing the right side of the balance sheet the EMI case is meant to function as an engaging introduction to topics and corporate financial policy.
The case compares EMI's storied success with artists like the Beatles, the Beach Boys, Pink Floyd, and Norah Jones with its recent inability to triumph in financial markets. In light of takeover threats and restructuring costs, the dividend policy of EMI must be recommended by EMI's CFO Martin Stewart.
PUBLICATION DATE: September 02, 2008 PRODUCT #: UV1201-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING