Dogus University IE356 Business and Society 2014-2015 Spring Semester Class presentation Power plays in business life by Burak ÖZAY

1. IE356 Presentation
Power Plays In Business Life
Burak OZAY
201037010
04.05.2015

2. What is the Power in business life?
• Basically power is the ability to make
somebody to do something and the doing
something normal people can not.

3. Why power is important?
• According to most people ‘to have power is
better than to have money’

5. How to be Powerful
To be powerful has some needs ;
- Money is not power but money can make people powerful
- Have good Managing ability
- To be Charismatic
- Salutation skills
- Social standing
- Hard to reach
- Last and most important one is BEİNG GOOD AT WHAT YOU
DO!!!

6. How to be Powerful
- To catch the best oppurtunity
- Well Calculating the risks
- When we look at the successful and powerful people we
commonly see one thing,they always good at least one
criteria.This can be good managing skills,well-known the
market circumtances,hard-working etc.

8. Corporate Takeover
• Takeover is an acquiring of stocks in order to obtain
controlling and possession at company, out of the desires of
other company's administration and partners. Integration of
inter-company mergings doesn't always occur with desire and
mutual agreement. Management of Target Company may
challenge to this takeover
• There are 214 mergers and takeovers happened in Turkey
(2014
• Two types takeover exist

10. • Friendly takeovers : In a friendly takeover, a public offer of
stock or cash is made by the acquiring firm, and the board of
the target firm will publicly approve the buyout terms, which
may yet be subject to shareholder or regulatory approval

12. Corporate Takeover
2-)Hostile Takeovers
• Hostile Takeovers : The acquisition of one company (called
the target company) by another (called the acquirer) that is
accomplished not by coming to an agreement with the target
company's management, but by going directly to the
company's shareholders or fighting to replace management in
order to get the acquisition approved. A hostile takeover can
be accomplished through either a tender offer or a proxy
fight.

13. Corporate Takeover
2-)Hostile Takeovers
• The 5 biggest hostile takeovers
I- AOL AND TIME WARNER, $164BN, 2000
II- SANOFI-AVENTIS AND GENZYME CORP, $24.5BN,
2010
III-NASDAQ OMX/INTERCONTINENTALEXCHANGE AND
NYSE EURONEXT, $13.4BN, 2011
IV-ICAHN ENTERPRISES AND CLOROX, $11.7BN, 2011
V- AIR PRODUCTS & CHEMICALS AND AIRGAS,
$7.94BN, 2010

14. Methods of takeovers
A-) Bear hug :
An offer made by one company
to buy the shares of another for
a much higher per-share price
than what that company is
worth. A bear hug offer is usually
made when there is doubt that
the target company's
management will be willing to
sell.

15. Methods of takeovers
B-) Proxy contests in support of a takeover :
When a group of shareholders are persuaded to join forces and gather enough
shareholder proxies to win a corporate vote. This is referred to also as a proxy battle.

16. • Methods of takeovers
• C-) Purchasing target stock in the open market :When the CEO and top managers of a
company decide that they want to do a merger or acquisition, they start with a tender offer.
The process typically begins with the acquiring company carefully and discreetly buying up
shares in the target company, or building a position. Once the acquiring company starts to
purchase shares in the open market, it is restricted to buying 5% of the total outstanding
shares before it must file with the SEC
• In that situation target company may have some response acts;
• A-) Accept the Terms of the Offer
• B-) Attempt to Negotiate
• C-) Execute a Poison Pill or Some Other Hostile Takeover Defense
• D-) Find a White Knight
• E-) Closing the Deal

18. • Methods of takeovers
• D-)Signing the proxies (Majority System) : Convincing the shareholders and make
them voted against current management with this way management will be
weaker and lose the allies .

19. • Methods of takeovers
• E-)Litigation : To opening a suit against to purchaser company,thereby violation of
right.Meanwhile the purchaser company may open a suit to the target
company,thereby wrong management,less profit etc.

20. Poison Pill Tactics : These are the tactics used by current companies owners against
potential hostile controllers.

21. • Pacman defense:A defensive tactic used by a targeted firm in a hostile
takeover situation. In a Pac-Man defense, the target firm turns around and
tries to acquire the other company that has made the hostile takeover
attempt. This term has been accredited to Bruce Wasserstein, chairman of
Wasserstein & Co.

22. Takeover defenses against buyer company in general form
• Greenmail
• Standstill agreement
• Pac-man defense
• White knights
• Employee stock ownership plans
• Recapitalization
• Share buy-back plans
• Corporate restructuring
• Litigation
• “Just say no”

23. • Let see somebody powerful

24. Geoge SOROS

25. George SOROS(1930-…..)
• George SOROS is the founder of Soros Fund Management LLC.He
graduated from London school of economics
• Net worth : 24.2 billion $
• He also known as "The Man Who Broke the Bank of England" after
speculating on the Pound Sterling, believing it was overvalued.It is
happened at 1992 and it is called as “Black Wednesday”
• He has the power he can manupulate world markets
• Soros is founder and chairman of the Open Society Institute, an
organization that supports activities in more than 50 countries
worldwide.

27. George SOROS
• He donated huge money to the East Eureropean Countries like
Ukraine , Serbia.Also these donations is bigger than the
money that The United Nations donated to these countries.
• According to many people his donations are always about
politics .
• But these huge donations are not just about to doing favour ,
after these donations George Soros had a voice in these
country’s government and effects them to directions on what
he wants to be.
• At an interview George SOROS said that “ I gave financial
support the Velvet Revolotion in Georgia (1989) “.

29. George SOROS
• George SOROS is the one of the most important example
about Power Plays in business life

30. The Rothschild Family

31. The Rothschild Family
• The richest family on the Earth
• The father Mayel Rothschild was born in 1744 Frankfurt,he
has five childrens and after they growned up he splitted all
brothers to the different big europe cities . At the 19th they
completed the several banks.
• The family manages all money flow at the world.
• The Rothschild Family aims the New World Order.
• According to estimatings, The Rothschild Family had 3
Trillion $ before 2000’s.
• Israel was established thanks to this family.

32. The Rothschild Family’s Mansion
• Weddeston Mansion

33. The Rothschild Family
• They manage %65 of diamond trade , %40 of gold trade , %
15 Copper-Uranium trade on the Earth.
• HSBC , Ing bank , Aviva , BP , Royal Dutch these are just a few
of their companies.
• They also are the financier of very huge companies like
Bosch,Siemens at setting up time and the more important
thing is they were the financier of Rockefeller family.
• They were financier of every war happened after 1800’s and
still they are effecting all the governments and make them
whatever they need.THAT İS THE POWER PLAY EXACTLY.