Corporate Officers Face Expanded Oversight: What To Know [Forbes]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
Check Earnings Report
US:NYSE Investor Relations:
corporate.mcdonalds.com/mcd/investors.html
Company Research
Source: Forbes
In a concerning turn of events, it's now clear that the same is true for corporate officers for risks within their scope of responsibility—an especially difficult charge for CEOs, CFOs and general counsel, given the enterprise-wide nature of their jobs. Proving in a Delaware court of law that directors and officers utterly failed to oversee compliance at their company is difficult. But that doesn't mean that shareholders won't sue them for allegedly failing to do so. In this article, I'll discuss a brief background on the duty of oversight and Caremark litigation. I'll then discuss how a recent case involving McDonald's has expanded the scope of liability for oversight beyond directors to include corporate officers. A Brief Background On Caremark Claims In the 1990s, a pivotal moment in corporate governance occurred with the landmark case involving healthcare provider Caremark International Inc. ( Stone v. Ritter Caremark established clear expectations for corporate directors
Show less
Read more
Impact Snapshot
Event Time:
MCD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MCD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MCD alerts
High impacting McDonald's Corporation news events
Weekly update
A roundup of the hottest topics
MCD
News
- Gavin Newsom Wants to Curb a Labor Law That Cost Businesses $10 Billion [BNN Bloomberg (Canada)]BNN Bloomberg
- Several Short-Term Headwinds Dragged McDonald's Corporation (MCD) in Q1 [Yahoo! Finance]Yahoo! Finance
- McDonald's (MCD) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- This legendary Applebee's franchisee says Americans are 'abandoning fast food' and he was 'running for his life' [Yahoo! Finance]Yahoo! Finance
- McDonald's (MCD) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 6/11/24 - Form 11-K
- 5/31/24 - Form 3
- 5/30/24 - Form 4
- MCD's page on the SEC website