Recent governments in France have failed to bring about meaningful labor reform, faced with opposition in the streets or within their own political party. The election of Emanuel Macron, viewed as a political outsider who had never held elected office created his own political party, En Marche, seemed like the catalyst to lasting economic reform. However, if high unemployment and slow economic growth to comparable economies have been concerns for France since the beginning of the 21st century, why were past governments unsuccessful in implementing legislative actions to address labor reform?
This paper will argue that the election of Macron and the establishment of En Marche was caused by a shift in power that allowed Macron enough support to sway the political landscape of France and implement labor market reform. This largely has to do with the power struggle between France’s Outsiders, “those without secure employment, Insiders, “those with secure employment” and the Upscale group, “employers, the upper middle class, and the business and financial community” (Rudea, 2007). However, the degree and preservation of Macron’s reform plans are threatened by Insiders who have been stripped of employee protections.
Beyond Meat revolutionized the meat substitute industry after creating a product similar to real meat in taste, texture, and appearance. Beyond Meat quickly rose to success, but that success brought new competitors, regulatory pushback, and the realization that Beyond Meat's market size is smaller than touted. This paper aims to predict the future financials and valuations of Beyond Meat under different assumptions while detailing the company's rapid growth and subsequent stagnation.
As scrutiny of corporate behavior grows, the demand for ESG disclosures rises across the world. In the U.S., public firms voluntarily provided data relevant to their corporate responsibility through highly individualized and non-comparable ESG reports. Even with the existence of the IFRS’s Integrated Report framework, which aims to provide context to an organization's value creation, the adoption of the exemplar guidelines remains minimal. The intended goal of this research project is to explore whether the data that is traditionally found in the is publicly available through other means of disclosure. Specifically, the research focuses on Waste Management’s public disclosures and explores the data available against the framework. Each subsection of the guidelines is used to analyze the content available to investors and scorable based on the level of disclosure. The objective of the research is to understand how well WM disclosed relevant material against the international ESG standard and the challenges investors face when creating the connections found in the . Using the single case study, my research found that WM disclosed isolated information about values, risks, strategies, and opportunities, but ultimately failed to create connections to the process of value creation. As an investor, the information made available by WM was not comprehensive enough to infer value connections, nor was there specific data on governance and performance reporting. As pressure builds from shareholders and stakeholders, the SEC and organizations must define guidelines and adapt reportings.