Ethics and Compliance - Starbucks Fin 370

1963 words 8 pages
Starbucks Corporation is a multinational coffee conglomerate that opened their first store in Seattle’s Pike Place Market in Seattle, Washington in 1971. Over the course of the next 40 years, Starbucks has grown in leaps and bounds in not only opening more stores domestically and internationally but also in selling a variety of some of the world’s best coffee and tea blends available. The selling of Starbucks products does not only happen in their stores, it also happens in grocery, convenient, and specialty stores across the world. With the growth of the Starbucks Corporation came the responsibility of ethical and financial compliance to their organization, their shareholders, and the multitude of government agencies they deal with …show more content…
Within the financial market there are three principal sets of players, this includes the Borrowers, these are those who need money to finance their purchases, the Savers (Investors) those who have money to invest, and the Financial Institutions (Intermediaries) the financial institutions and markets that help bring borrowers and savers together (Titman, Keown, & Martin, 2011). Financial market is where buyers and sellers participate in the trade of assets such as equities, bonds, and currency derivatives. The financial marketplace includes commercial banks, finance companies, insurance companies, investment banks, and investment companies (Titman, Keown, & Martin, 2011). Financial markets are sometimes described by the maturities of the securities traded in them. For example money markets, which are markets for short-term debt instruments meaning the maturities is one-year or less. There are also capital markets which are long-term which means one-year or beyond. Starbucks is part of the financial market not only within the

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