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Management
UOB Limited (“UOB”) operates in the banking industry and has a market capitalization of about S$52 billion. The list of top shareholders and board members of is shown below. Note that the holders with Wee in the name are family members. During a conversation with your colleague from the finance department, two statements caught your attention: Statement 1: UOB is such a huge corporation and the agency problem will surely exist. Statement 2: The CFO of UOB should not focus on the share price because doing so will lead to an overemphasis on short-term profits. (a) Critique Statement 1. Your answer should not exceed 300 words. (b) Critique Statement 2. Your answer should not exceed 200 words.

UOB Limited (“UOB”) operates in the banking industry and has a market capitalization of about S$52 billion. The list of top shareholders and board members of is shown below. Note that the holders with Wee in the name are family members. During a conversation with your colleague from the finance department, two statements caught your attention: Statement 1: UOB is such a huge corporation and the agency problem will surely exist. Statement 2: The CFO of UOB should not focus on the share price because doing so will lead to an overemphasis on short-term profits. (a) Critique Statement 1. Your answer should not exceed 300 words. (b) Critique Statement 2. Your answer should not exceed 200 words.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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UOB Limited (“UOB”) operates in the banking industry and has a market capitalization of about S$52 billion. The list of top shareholders and board members of is shown below. Note that the holders with Wee in the name are family members.
During a conversation with your colleague from the finance department, two statements caught your attention:
Statement 1: UOB is such a huge corporation and the agency problem will surely exist.
Statement 2: The CFO of UOB should not focus on the share price because doing so will lead to an overemphasis on short-term profits.
(a) Critique Statement 1. Your answer should not exceed 300 words.

(b) Critique Statement 2. Your answer should not exceed 200 words.

Latest Holders Holder Wee, Cho-Yaw Chairman Emeritus & Honorary Adviser Wee Investments Pte Ltd Wah Hin & Co Pte Ltd Tai Tak Estates Sendirian Berhad Haw Par Corporation Limited (SGX:H02) BlackRock, Inc. (NYSE: BLK) The Vanguard Group, Inc. Wee B.Sc., M.A., Ee Cheong Deputy Chairman & CEO Wee, Ee Lim Non-Executive & Non-Independent Director Common % Stock Equivalent Of Held CSO Y 179,776,142 10.735 133,472,324 7.970 86,686,453 5.177 67,539,947 4.033 Market Value (SGD in mm) 46,440,613 2.773 5,630.1 4,180.0 68,800,000 4.108 2,154.6 2,714.8 2,115.2 1,454.4 46,144,918 2.756 1,445.1 43,410,618 2.592 1,359.5 41,626,098 2.486 1,303.6 Key Board Members View All Name Title Wong, Kan Seng Wee, Ee Cheong Wee, Cho-Yaw Ng, Wei Wei Chia, Tai-Tee Phan, Swee Kim Woon, Kim Hong Dinh, Ba Thanh Lien, Jown Leam Teo, Lay Lim Wee, Ee Lim Independent Chairman of the Board Deputy Chairman & CEO Chairman Emeritus & Honorary Adviser CEO & Executive Director of United Overseas Bank (Malaysia) Berhad Independent Director Independent Non-Executive Director Independent Director Independent Director Non-Executive & Non-Independent Director Independent Non-Executive Director Non-Executive & Non-Independent Director
Transcribed Image Text:Latest Holders Holder Wee, Cho-Yaw Chairman Emeritus & Honorary Adviser Wee Investments Pte Ltd Wah Hin & Co Pte Ltd Tai Tak Estates Sendirian Berhad Haw Par Corporation Limited (SGX:H02) BlackRock, Inc. (NYSE: BLK) The Vanguard Group, Inc. Wee B.Sc., M.A., Ee Cheong Deputy Chairman & CEO Wee, Ee Lim Non-Executive & Non-Independent Director Common % Stock Equivalent Of Held CSO Y 179,776,142 10.735 133,472,324 7.970 86,686,453 5.177 67,539,947 4.033 Market Value (SGD in mm) 46,440,613 2.773 5,630.1 4,180.0 68,800,000 4.108 2,154.6 2,714.8 2,115.2 1,454.4 46,144,918 2.756 1,445.1 43,410,618 2.592 1,359.5 41,626,098 2.486 1,303.6 Key Board Members View All Name Title Wong, Kan Seng Wee, Ee Cheong Wee, Cho-Yaw Ng, Wei Wei Chia, Tai-Tee Phan, Swee Kim Woon, Kim Hong Dinh, Ba Thanh Lien, Jown Leam Teo, Lay Lim Wee, Ee Lim Independent Chairman of the Board Deputy Chairman & CEO Chairman Emeritus & Honorary Adviser CEO & Executive Director of United Overseas Bank (Malaysia) Berhad Independent Director Independent Non-Executive Director Independent Director Independent Director Non-Executive & Non-Independent Director Independent Non-Executive Director Non-Executive & Non-Independent Director
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