Sunday, May 24, 2020

Economic Development Of A Country s Economy Essay

We often classify countries and areas in the world by how developed they are, but this is term is relative, depending on your measurement. There are many factors that count towards a country’s economy that is difficult to quantify. The popular measurements for economic development are Gross Domestic Product (GDP), which is the value of all the recognized goods and services produced in a country in a specific period of time usually a year, and Gross National Income (GNI), quantified by the summation of the GDP and the net income acquired overseas (Investopedia). There is GDP per capita which is the indicator of the personal income of the country (Chidakel and Herrero). If we go by these numbers we conclude Africa is underdeveloped because all the numbers are low compared to the known developed countries like Germany, Norway, Canada etc. In Ethiopia the annual GDP per capita is $505 in 2013 (Indicators), while Libya’s annual GDP per capita is $11,964 in 2013 (Indicators) and the United States of America annual GDP per capita is $53,042 in 2013 (Indicators). Libya being one of countries in Africa that are above the average, when compared to the USA it is about 4 times poorer, Ethiopia is about 100 times poorer when compared to the USA, now this comparison does not tells much about the economy in the country, since goods in African countries do not have the same value in Europe or USA, we need to look at the purchasing power parity (PPP). In Ethiopia the GDP (PPP) is 118.2Show MoreRelatedFactors of Economic Development1163 Words   |  5 PagesFactors of economic development Economic development involves actions that are sustained and concerted by policy makers and the entire community. These actions lead to improved standards of living as well as the economic health within a specified area either in the local, regional or global environment. Economic development can also be termed as the qualitative and quantitative changes that occur within an economy. For economic development to take place there has to be contributions by variousRead MoreEssay on India China Economic Growth893 Words   |  4 Pagesabout 1.2 million populations and china with about 1.3 billon population are two big demographic and emerging countries in the world .Over a past few decade Indiaà ¢Ã¢â€š ¬Ã¢â€ž ¢s combination into the economic has been accompanied by remarkable economic growth (World Bank 2011 ¬).India is having the 3th position on the economy in purchasing power parity (PPP) terms (The Economic Times, 2012). Indiaà ¢Ã¢â€š ¬Ã¢â€ž ¢s total GDP (gross Domestic Produ ct) growth was 5.5% in 2012 and inflation rate is was .........(The EconomistRead MoreSingapore s Trade Between Singapore And Japan1367 Words   |  6 Pagesof the worlds leading economic countries accounted for more than three fourths of Singapore s trade in services, while other smaller countries accounted for the remaining one fourth. Due to these foreign investments into the economy, Singapore was able to prosper. The Aegean Islands was the highest percentage of Singapore s South Eastern Asian trade. As predicted by Stamford Raffles, Singapore succeeded in trade with the Aegean Islands, which made up 74% of Singapore s overall trade in 1825.Read MoreLong Run Growth Of Viet Nam1191 Words   |  5 Pagesthis country economy can be illustrated in several historical periods. The paper will begin with the historical time before and after the Economic liberalization _ Doi Moi in 1986.The the study will focus on the time when Viet Nam joining the World Trade Organization (WTO) at 20 07 and finally is the performance of government in recent years. The Back Ground of Viet Nam Economy Viet Nam is a growing and transforming economy, the country is in the group of the highest growth rates countries in theRead MoreA State s Natural Resources Wealth Influence Its Economic Development1535 Words   |  7 PagesHow does a state s natural resource wealth influence its economic development? For the past fifty years, versions of this question have figured prominently in debates over dependency theory, economic dualism, a proposed New International Economic Order, East Asia’s success, and Africa’s collapse. Since the late 1980s, economists and political scientists have produced a flood of new research that bears witness to this question. There is now strong evidence that states with abundant resource wealthRead MoreEconomic Growth And Saudi Arabia1733 Words   |  7 PagesEconomic Growth in Saudi Arabia Saudi Arabia has an economy that is largely dependent on oil, with the government maintaining the biggest control over the country s significant economic activities. Saudi Arabia owns about 16% of the global oil reserves and is the number one exporter of oil (Saudi Arabia, 2013). In addition, the Kingdom of Saudi Arabia was instrumental in the formation of the OPEC (Organization of the Petroleum Exporting Countries) group, which initially comprised Iraq, VenezuelaRead MoreThe World Bank And The International Monetary Fund1505 Words   |  7 PagesEconomics in an International Context Essay Name: Yousef Al Zarafy Module Code: FC006 - Economics in an International Context Module Teacher: Georgina Chapman Assessment Type: Individual Essay Assessment Title: â€Å"Africa needs to be rich - rather than green† claims Matt Ridley. Would this statement also apply to developing economies? Using clear Example, discuss the role and influence of The World Bank and the International Monetary Fund in the developing countries of Europe. Submission DateRead MoreThe World Economic Crisis Of 20081701 Words   |  7 PagesTask 2 - Essay â€Æ' Essay The world economic crisis of 2008 was the worst global crisis after the great recession of 1929-30. The most affected economies from the crisis are western European countries. The economic crisis sub sequentially lowers the growth rate of the economies. A large number of American companies incurred heavy losses and it declines in the gross domestic product widely known as GDP of the country. China plays a significant role during the economic crises (Lardy Subramanian, 2012)Read MoreDeveloping Countries During World War II1547 Words   |  7 Pagesnations has strengthened and borrowing of poor countries from the rich countries has increased. The growing link between these two groups of economies increased eventually in addition to the increase in the rate of dependability amongst them. With the rapid growth in wealth and industrialization of the First World, only a few developing countries managed to have adequate economic growth on the line of the developed countries. Many of the d eveloping countries which were poor at that time still remainedRead MoreChinese Economic Development And Structure Problem986 Words   |  4 Pages Chinese economic development and structure problem Key question: China s economy, (China s economic have increased of Efficiency Analysis .) China s economic high speed growth can be remained? PESTEL China s economic have increased of Efficiency Analysis . After Chine revolution , Chinese economic have increase very fast , take GDP for a example,after economic revolution , about annual growth rate have keep or more than double-digit , this is very crazy. However ,according to the explain

Wednesday, May 13, 2020

Gender Stereotypes Masculinity And Femininity - 1195 Words

In children films, they makes assumptions of what male and female roles should be. It teaches kids early on that this is how you should act if you fall into a certain gender role. These films reinforce our cultural definition of how we as a society defines masculinity and femininity. It is not necessarily a right thing. But the idea of what a male and female characteristics should have and how they should act is so tightly bound to our western views that it is hard to not have stereotyped gender roles. It is an awful truth, but it needs to be said that the influence of gender roles as a result, influences what happens in children’s movies. It is inevitable to not have stereotype gender roles in our society, because it is a fault that comes with having any type society. We as an advanced westernized civilization have a very different definition of gender roles and what it means to be masculine and feminine. In the article. â€Å"Gender Stereotypes: Masculinity and Femininityà ¢â‚¬  we as a culture define femininity as â€Å"women being passive, dependent, pure, refined and delicate† , but masculinity as men beginning â€Å"active, independent, coarse, and strong† . Culture dictates characteristics of what we associate with each gender. For example in matrilineal societies like the Khasi of Meghalaya in India, the women in the family are more dominant and the men are weaker. Also other cultures acknowledge multiple gender identities, like cross-gender working roles, transvestism, associationsShow MoreRelatedGender And Gender Roles1099 Words   |  5 PagesThe topic of gender roles is a subject that has been discussed and argued upon for several years, regarding the depiction and expectations of what it means to be a man and, conversely, what it means to be a woman. Along with the topic comes what and how society defines masculinity and femininity. Society has given men the title of being masculine due to the reflection of   dominance, st rength, aggressiveness, independence , and the use of interpersonal skills. Whereas society has given females theRead MoreReflections On Gender On Science1652 Words   |  7 Pagesrules of arithmetic. We didn t want it to come out that way, but it did. Weinburg explains that science, like arithmetic is ultimately an objective discourse—free from subjectivity and emotion. However, in Evelyn Fox Keller’s novel Reflections on Gender on Science, she argues against science as being an objectivist ideology. She asserts that science does not encompass the complete truth, but is rather a perverted, masculine discourse. Keller critiques Weinburg’s assertions as faulty, where she arguesRead MoreGender Roles And Expectations Of Romanian Men And Women933 Words   |  4 Pagesgovernance over their bodies, restrictive reproductive policies that emphasized the femininity of women were created. By placing such an importance on femininity and a woman’s ability to reprod uce, instead of a woman’s right of choosing whether to reproduce, Ceausescu’s regime solidified the patriarchal and traditionalist ideology of socialist Romania. It is from these patriarchal and traditionalist ideas of Ceausescu that gender constructs concerning the roles and expectations of Romanian men and women wereRead MoreGender Differences Between Psychological Androgyny Masculinity And Femininity Scores1722 Words   |  7 Pagesthe idea that there are gender differences in psychological androgyny masculinity and femininity scores. Two hundred and twenty nine first year undergraduates (175 females and 54 males), completed one questionnaire measuring masculinity and femininity - Bems sex role inventory (BSRI). Results were analysed using independent t-tests, which revealed that males scored higher than females on the masculinity scores, whereas females scored higher compared with males on the femininity scores. Results lendRead MoreVisual images Reinforce Traditi onal Gender and Sexuality Stereotypes948 Words   |  4 Pagesimages reinforce traditional gender and sexuality stereotypes through the manifestation of the masculine and feminine miens. An examination of print media advertisements highlights the social and cultural ideologies associated with traditional gender roles that are expected and imposed on by society. â€Å"Advertisements are deeply woven into the fabric of Western Culture, drawing on and reinforcing commonly held perceptions and beliefs† of gender and sexuality stereotypes. They have a strong role inRead MoreEssay on Gender Stereotype538 Words   |  3 PagesGender Stereotype According to the writers in chapter, â€Å"Gender Stereotyping And the Media†, gender stereotypes are harmful to men and women. Gender stereotypes set impossible standards for men and women that lead to unhappiness, loneliness and possibly violence towards themselves. Stereotypes affect relationships between a man and a woman. Moreover, stereotypes dictate the behavior of boys and girls that lead to violence. Rather than combating gender stereotypes, our society reinforcesRead MoreGender Roles And Attitudes Of A Teacher s Practice1189 Words   |  5 Pagespresent essay attempts to demonstrate the stereotypes around gender and and it’s relation to a teacher’s practice. In order for this objective to be met, the theory of gender will be introduced, followed by the stereotypes regarding the gender ‘’roles’’. Moreover the role of culture in the creation of gender roles and how popular culture-media carry stereotypes on children wil l be presented. This aims to show how a teacher can combat or prevent those stereotypes through her thoughtful, careful approachRead MoreReflections On Gender On Science1544 Words   |  7 Pagesrules of arithmetic. We didn t want it to come out that way, but it did. Weinburg explains that science, like arithmetic is ultimately an objective discourse—free from subjectivity and emotion. However, in Evelyn Fox Keller’s novel Reflections on Gender on Science, she argues against science as being an objectivist ideology. She asserts that science does not encompass the complete truth, but is rather a perverted, masculine discourse. Keller critiques Weinburg’s assertions as faulty, where she arguesRead MoreDemographic Forms Customarily Request The Gender Or Sex Of The Individual Completing The Form867 Words   |  4 PagesDemographic forms customarily request the gender or sex of the individual completing the form. Many of these demographic forms use the terms gender and sex interchangeably when referring to the categories of male and female. Michael Kimmel clarifies that â€Å"sex† refers to the biological male and female criteria of chromosomes, chemical organization, and genitalia while â€Å"gender† refers to the differences and expectations associated with each sex (Kimmel, 2013, p. 3). Differential socialization is theRead MoreSocial Construction Of Gender And Masculinity1689 Words   |  7 Pagesattitudes regarding the social construction of gender, specifically masculinity and femininity. Children’s attitudes are influenced by a variety of external sources, but are most strongly influenced by their home life and parents. Parents are responsible for nurturing and teaching children about multiple aspects in life, including gender norms; this occurs both consciously and unconsciously. One-way parents pass on their beliefs about gender and gender norms are through the giving of heteronormative

Wednesday, May 6, 2020

Things You Wont Like About History Essay Topics and Things You Will

Things You Won't Like About History Essay Topics and Things You Will You receive a preview of your essay and ask to produce corrections if necessary. If you don't learn how to begin your essay or in which to search for supporting info, we'll be thrilled to help you you. If you would like to compose the essay yourself, we believe it would be best to decide on a universal subject or issue. Although writing a history essay can look like a daunting prospect especially if it's the case that you don't feel you're a very good writer, it isn't as bad since most folks would want to imagine. You spend a whole lot of education on writing argumentative essays. In situations when you get to pick the topic for an argumentative essay, you need to be wise and locate a title that will intrigue a reader. You can quite readily become a very good writer when you have the right subjects to work with. If you opt to be an independent essay writer, you can expect the exact same. If you're assigned an essay on something from earlier times and you're permitted to pick your own title, below are some history topics you may want to think of before you commence writing. Thus, our writers are almost always prepared to cooperate together with you throughout the essay writing face. For example, if you ask us to compose a paper on one of many American history essay topics, you can be sure your writing will be consistent with the language style you request. Thus, writing a history paper will surely be fun, if you only opt for a really intriguing history essay topic. Choosing History Essay Topics Select something you're interested in. Write a list of ideas you've got or a list of things you're interested in. The absolute most important thing to keep in mind is you have to select the topic most interesting to you! Keep in mind the big choices you might have remodeled the earlier twelve a very long moment. History Essay Topics - Dead or Alive? Almost everything c an be an issue of History when focused in some specific ways. Advertisement If you would like to experience history, consider staying in historic Kitchener hotels. The conclusion of slavery isn't marked with one specific date, but using a very long procedure and chain of events. History is a subject that's always tightly linked to the idea of time and space. You thought that war may be coming. Among the difficulties with history generally is that folks consider it dull and boring. Maybe you simply do not know the subject well enough, and that's the reason you can't locate the idea for your history essay. Narrowing down a specific era Once you've got a notion of the nation you want to write about, you will then have to select a specific era in that nation's history. There's plenty if useful information regarding the Web. A variety of reasons lead youth from throughout the world to our site. Do not increase your probability of being discontinued from your studies as a result of trusting people who cannot even assist with choosing history essay topics for high school students. Use the aid of true academic experts and receive the service you have earned! The Foolproof History Essay Topics Strategy The Federal Reserve played a huge part in the Great Depression. Social unrest is now a fearful vision. World History Research Papers involve an amazing amount of information. The Importance of History Essay Topics All our writers pass a considerable procedure to look at their abilities. There are lots of selections of topics based on the subject you would decide to compose a paper. In the event you can't find your subject here, don't hesitate to have a talk with our staff and put an order for a customized history essay on your specific subject. The subject for discussion ought to be manageable, i.e. you ought to be in a position to explore the subject in the most detailed way based on the quantity of pages you need to write. What History Essay Topics Is - and What it Is Not Perhaps you still must understand more about the way to compose a history paper. It is an impossible task to write a great history paper if you write about something you find boring and don't care about whatsoever. A superb history paper is inside your reach, hire one of our writers to receive it! Writing a research paper about such a considerable moment in the American history can be quite advantageous there's already plenty of research on the matter.

Tuesday, May 5, 2020

Development of Corporate Governance-Free-Samples-Myassignment

Question: Outline the development of Corporate Governance from the traditional approach through to the modern approach. Discuss the characteristics and principles of each approach. Answer: Introduction Corporate governance is the process by which corporate organisations are monitored and administered. Corporate governance is needed for the modern organizations to maintain a balance between the organizational goals and the interest of stakeholders of the organization. After globalisation, the work environment of corporations has changed. With the increase in opportunities, the accountability of the corporation has also increased. Large corporate and even small organisations have collapsed due to the lack of proper governance. The factors that are accountable are: the motive of social welfare and their responsibility, delegation, autonomy, authority, power and other disclosure agreements and their legitimacy. The collapse of the corporations like Enron, Lehman Brothers, Robert Maxwell due to fraudulent cases are the most important and noteworthy instances (Agrawal and Cooper 2017). These collapses have shaken the roots of the respected governance bodies. The Regulations and codes of ethics have been redefined after the government has learnt the lesson because of major losses in the economy and job cuts. The scandals have made people aware of the fraudulent ways of the company standards and procedures to be checked (Solomon, 2013). The scandals Enron is a company in Houston founded established by Kenneth Lay and Jeffrey Skilling in the year 1985. It became the largest energy providing organization in USA. Later on the company expanded to Oil and natural gases division, broadband and internet connections, Electricity, water and paper trading (Agrawal and Cooper 2017). This expansion helped the company to diversify in the global international market. After the bankruptcy, the analysis revealed that the company has significant problems regarding the dealings reported on directors. Different questions were raised regarding Enrons managerial problems and corporate ethical approaches they took when they were in active business. It showed several unethical means that was employed by the organisation over the years. In 2001, the company announced a major loss and was coaxed to admit their false account and profitability information of $600 million (Fox et al .2016). The accounting method of Enron was very unethical as they presente d non-transparent financial statements. In accrual accounting method their recorded cost and revenue were also incorrect and misleading. The hidden debt, taking excessive risks, violation in formation of balance sheets, disclosure of minimal details, overstated equity and profits to engage more shareholders were the unethical approaches adopted by the organization. These helped them to hide their losses for a short period but the strategy failed. The proliferation of the company books, checks and balances were detected to be filled with unethical practises and also a major cause of the breakdown in corporations governance (Shrives and Brennan 2015). The trials in court after the companys decline highlighted major issues that were overlooked by the civil lawyers. Excessive use of power by the CEO, private undisclosed partnerships was also the cause of the Enrons fall. The Parmalet Diarys scandal was a result of a failure in the governance and accounting discrepancies in privately owned corporate entity (McAlister et al. 2016). The Italian Food companys governance failed due to the founders unethical practises. He controlled the shareholders and channelled their resources illegally. This was also done at the expense of minority shareholders resources. The monitoring and controlling process failed leading to the Parmalats crisis. The Organizational structure was at fault as both the CEO and the owner held the position of chairperson as per the codes of Parmalat Finanziaria (McAlister et al. 2016). The lack of compliance of the companys independent policy related to the controlling of shareholders interests affected the company. The monitoring structure of the companys governance framework, made the abuse of power and fraudulent activity to rise easily in that situation. A similar case can be discussed form the UK. The infamous case of Robert Maxwell and his media corporation is a perfect example of the failure in governance framework. In order to survive in the sector he adopted fraudulent practises. It was estimated that they stole 727 million Euros from the pension funds of the two public companies as well as the assets from the companies (McAlister et al. 2016). The undivided control in operation in the Maxwell Communication and governance ultimately caused the downfall of the company. The non-executive directors were involved in the function of performing independent function. The auditors were involved in providing non-transparent information of financial activities and practises. The pension fund trustees also failed to observe the money laundering activities of the companies by transferring the money from one unidentified account to another (Eling and Marek 2014). This scandal also helped in raising the issues related to corporate governance ethics and codes. It was also reasoned that leadership of the company was very much incapable of using the stewardship of the company and making it properly function under their guidance (McAlister et al. 2016). During the recession years 2008-2009, Lehman Brothers collapsed because of the reasons aforementioned (Eling and Marek 2014). The unethical business practises of the top executives in the board and auditing firms were the reason of the collapse of the company. The discrepancies in the transaction and imbalance in the balance sheet drew attention of the company. The financial information was not disclosed then. Later on, the corporation got involved in a debt of $ 613 billion where unsecured creditors in different countries owed money from them (Eling and Marek 2014). The traditional approach The corporate governance is a considerably old concept, evolving after the private organisations were established. The firms provided value of control regarding governance and ethics. Most importantly, the problem of monitoring and directing the process is one of the most important parts of governing the organisation (Akinteye et al. 2015). The traditional approach also included the overview of the agency problem; ownership and control of the large publicly held corporation were also questionable. The legislative power of the company was directed by the economic policies set by government (Zalata and Roberts 2016). Traditional approach emphasises on the models that only takes into consideration the exchange and transactions taking place in the market among the investors, customers, suppliers, employees and other groups (Larcker and Tayan 2015.). The two tier models were responsible for the being the foundation of governance structure of companies. It also takes into account the agenc y costs and transactional cost related to the financial structure of the company. It also includes the legal responsibilities of the directors as well as the shareholders legal mechanisms used in business. The corporate laws started to reform after 2004 (Shrives and Brennan 2015). The alternative models were also adopted during this time. There are two types of theoretical framework, one is of broader view and the other is of narrower view. Thus, considering all factors, the models were defined for providing a solution for the companies that wants to enter the industry. The theoretical framework of the governance structure is one of the most important part to be considered. The traditional approach to share ownership and Anglo-American corporate governance goes by the transactional and agency theory of system (Shrives and Brennan 2015). In the modern joint stock market of America, the 910 companies were included. In the perspective of UK, corporate governance was functional and the role of board of directors and owners, chief executives were defined perfectly. The focus was on the activism of the shareholders instruments. The transparency and financial reporting were there but the Financial Reporting Council did not play its part effectively (Zalata and Roberts 2016). The companies that were involved in Financial Crisis were involved in breaking the codes of ethics and illegal activities. Implementation of the European Union Audit Regulations and Directives Section C3 reviewed the changes in information that the companies started to send regarding solvency, liquidity, viability and risk management and investment changes (Akinteye et al. 2015). The scandals related to those data provided in the companys journals were wrong which later stimulated in their downfall. The structure of the corporate governance was also at fault the company. Many companies were characterised as family owned and then different kinds of features were seen in the process. The traditional approach to corporate governance is based on the agency theory, which takes into consideration the factors of financial paradigm and economic factors. The agents that are considered in this supervisions and control structure are stakeholders of the organization (Zalata and Roberts 2016). The principles that are used in this structure are the delegation of the everyday decision making system, related to the shareholders. In this theory, shareholders wealth maximisation was an important motive of building the rules of corporate governance. The managers play with egoism and are known for being short-termism according to this traditional approach that has affected the company (Akinteye et al. 2015). The reduction in shareholders welfare is known as the residual loss in this theory. Transaction cost theory, takes into account the important element of the behavioural theory and its components. The resources of the market that are used to coordinate the transaction among the companies are related costs control theory of transaction. Internalisation of the transaction related activities is of utmost importance in this regard. The bounded rationality is an essential part of this theory (Shrives and Brennan 2015). According to this theory, the managers are individuals who are opportunistic by nature. The modern approach Stakeholders theory was developed considering the individual entities. Incorporation of corporate accountability is one of the most important elements in this concept. The broad research and unified approach of this theory makes it more relevant in the current time. This research takes the best out of the traditional approach of the corporate governance as well as incorporates philosophy, ethics, political theory, economical factors and stakeholders of the organisation (Dimopoulos and Wagner 2016). The commonality acknowledged in this theory is in the exchange relationship among the stakeholders. The stakeholders are shareholders, employees, suppliers, customers, creditors and all the personnel directly or indirectly related to the company. The modern approach of corporate governance is of the following factors. They are supervision, cooperation and information exchange, coordination, decision-making, consulting, supervision. These significant matters are considered in this report. The task in hand is more considered in this process, emphasis is given on the situation of economic, financial, organisational, and market. There is one theory that needs to be taken into consideration in defining the modern approach, the stewardship theory (Larcker and Tayan 2015). The function of this theory is to consider the supervisory board in relation with management. The main factor that is considered in the modern approach is the motivation factor. The agent motivation was purely financial. The behavioural approach was not considered in the old age. This gave an outcome in the governance structure, which was less effective in nature. The stewardship theory talks about the control mechanisms of the individuals in situational factors. The situational factors talks about the trust, employee engagement, collectivism, power distance and collaboration needs of the company (Boreiko and Murgia 2016). This is the main contrast from the agency theory. The governance of the companies is mainly based on the guidelines of Corporate Governance given by the OECD org amended on 2004 (Larcker and Tayan 2015). This organisation dictates the basic rules of the governance structure, accountability limitations. The following is the features, which need to be considered. The key ownership functions, rights and regulations of the companies regarding their shareholders are to be decided first. Treatments should be similar for all shareholders and not based on their ownership of shares Roles are correctly defined by this process Responsibility of the companys body (Dimopoulos and Wagner 2016) The recently added feature of social welfare that is included in the corporate structure depicts that the governance must give emphasis in planning the welfare of the society. The modern approach has different views that are presented to the government. The new recommendations presented have considered different holes that have been identified from the previous mishaps in corporate governance. The Hample report, Cadbury report and Higgs report were presented based on the modernisation of the corporate governance spirit (Boreiko and Murgia 2016). Different factors involved in this new method of calculation of directors remuneration are also given in the approach. Corporate social responsibility, social welfare improvement in pension fund regulations and other rules regarding corporate governance needs to be adopted. Shareholders reports, trustees role, responsibilities, and information that need to be presented in the report and other aspects of the company should be transparent accor ding the new approach. The impact of the new approach helps in combining the codes in UK Companys directors and institutional investors relationship. Pro activism of the shareholding governance is also considered in the matter. Critical discussion in the differences among the approaches used in UK and US corporate governance The separation in the ownership and control was incorporated as an essential policy in the new approach. The companies, which was in major need of improvement learnt from the scandals that plagued the noted companies as discussed above. This also affected the economy of those countries immensely. The scandals also involved major theft in some cases. Different reports on the failure issues were presented in the federal government of USA, they presented the Sarbanes-Oxley Act 2002 in USA after the report was submitted, Higgs report in January 2001, and Smiths Report was presented in UK around that time (Al-Najjar and Abed 2014). Lack of solid foundations in UK government officials lead the investors to believe that they can earn huge profits and this helped them earning profit after investing in technological stocks. This was a good incident that happened in the late 1990s (Akinteye et al. 2015). The unlimited liability of the investors implied that the policies were not effective regarding investments. The Limited Liability act 1855 helped the company to rip off all the shareholders to earn profits that was due for the shareholders(Al-Najjar and Abed 2014). There have been significant influences of the collapse of Giant Corporation like Enron and WorldCom, which made it necessary to redefine the possible changes in the governance structures. The Hampel Report 1998 presented in the Britain is a successor of the Cadbury report. The report is based on the regulation of directors remunerations. This also summarizes the best practises of the UK companies. The UK companies defined separate rules in their report of governance. The common rules for directors fiduciary duties, Companies act and documents 1985 and listing rules in UK are different than the US regulations, that includes the SOX act 2002 (Honor et al. 2015). The Sarbanes-Oxley Act 2002 is detailed regulation listed for the companies in US and is very different from the rules of comply and explain in UK (Al-Najjar and Abed 2014). The US regulations depend on the fines, penalties and imprisonment for violating the requirements of SOX act. The securities act 2004 consists of audit, in vestigations and community requirements of the companies in UK (Armstrong et al. 2015). The committee has greater power in this regard. However, the establishments of the PCAOB (Public Company Accounting Oversight Board) have the ultimate power regarding all the auditors and US security law (Bushee et al. 2013) in the country. The provisions stated in the states regulation in SOX, that there must be mandatory rotations in the audit partners but the restrictions in non-audit services. The external auditors can provide only the non-audit services. However, in US the auditors or the audit partners of the company can provide the audit and non-audit services (Bain and Band 2016). The CEO and CFOs of the company must regularly certify the reports to help the company mitigate the penalties of false credit citations or engaging in criminal activities (Zalata and Robert 2016). However, in UK the directors report must contain the statement of the directors regarding relevancy of the audit inf ormation or false information given in the report. It is criminal offense for the company to make a false statement. The US legislations contain the prohibition act effective on insider trading during the pension fund scandal that happened in the country. The board does not specify it but the companies must go by the pension part 5 of the criminal justice act 1993 or Market Abuse Regime (Elmagrhi et al. 2017). However, the rules of management report and internal audit attested that the management report given in US SOC and SEC and adoption of codes of ethics is essential but it does not have any equivalent rules in UK regulations. In UK, it is expected that the companies will maintain the minimum ethics as a matter of fact (Carberry et al. 2017). Issues in the approaches as well as the benefits For a company it is essential to incorporate corporate governance in the operations of the business. Both of the discussed regulations, SOX in US and Smith, Higgs, Cadbury, Greenburg report in UK and other reports has very important part in the corporate governance (Tricker and Tricker, 2015). The separation in the roles of CEO, CFO, chairman and board of directors have provided the companies with an advantage of taking different perspectives and thus form different viewpoints. The codes of corporate governance and ethics in other companies are strictly maintained after the scandals of the companies discussed above. The main issue in modern approach of corporate governance is, it does not identify consistency and significance in the relationships between performance of the firm and executives remuneration (Elmagrhi et al. 2017). The monitoring and the evaluation system is also given lesser emphasis in the acts that needs to be implemented. The Cadbury Act in UK does not consider the accounting standard changes that are modified after the commencements of the report (Denis 2016). The share repurchase from the shareholders are also an issue in corporate governance approach, which should be considered. These issues have been highlighted in this framework. Conclusion The constant update of the corporate governance ethics and codes of practice along methodical review of corporate governance structures are necessary to avoid downfall of companies like Enron in the future. The concept of corporate governance deals with the changes in the approach of the top level management along with the effective implementation of human resource in the company. The approach to use the penalties, fines and restrictions in case of illegal activities and breach of any contract is effective. The use of rational external auditing partners and the tight control in the internal audit members in both the countries, especially the US regulations are very essential and effective. This provides the company to safeguard the information as well as provide a transparent report. References Agrawal, A. and Cooper, T., 2017. Corporate governance consequences of accounting scandals: Evidence from top management, CFO and auditor turnover.Quarterly Journal of Finance,7(01), p.1650014. Aguilera, R.V., Desender, K., Bednar, M.K. and Lee, J.H., 2015. Connecting the dots: Bringing external corporate governance into the corporate governance puzzle.Academy of Management Annals,9(1), pp.483-573. Akinteye, S.A., York, D.O. and Quat-Ullah, H., 2015. Corporate Governance Mechanism: An Investigation of the Internal Audit Function Quality in Nigerian Listed Firms.International Journal of Business and Social Science,6(1). Al-Najjar, B. and Abed, S., 2014. The association between disclosure of forward-looking information and corporate governance mechanisms: Evidence from the UK before the financial crisis period.Managerial Auditing Journal,29(7), pp.578-595. Armstrong, C.S., Blouin, J.L., Jagolinzer, A.D. and Larcker, D.F., 2015. Corporate governance, incentives, and tax avoidance.Journal of Accounting and Economics,60(1), pp.1-17. Bain, N. and Band, D., 2016.Winning ways through corporate governance. Springer. Boreiko, D. and Murgia, M., 2016. Corporate Governance and Restructuring Through Spin-Offs: European Evidence. InThe Financial Crisis(pp. 7-47). Springer International Publishing. Bushee, B.J., Carter, M.E. and Gerakos, J., 2013. Institutional investor preferences for corporate governance mechanisms.Journal of Management Accounting Research,26(2), pp.123-149. Carberry, E. and Zajac, E., 2017, January. How US Corporations Changed Executive Compensation after Enron: Substance and Symbol. InAcademy of Management Proceedings(Vol. 2017, No. 1, p. 15134). Academy of Management. Denis, D., 2016. Corporate Governance and the Goal of the Firm: In Defense of Shareholder Wealth Maximization.Financial Review,51(4), pp.467-480. Dimopoulos, T. and Wagner, H.F., 2016. Corporate Governance and CEO Turnover Decisions. Eling, M. and Marek, S.D., 2014. Corporate governance and risk taking: Evidence from the UK and German insurance markets.Journal of Risk and Insurance,81(3), pp.653-682. Elmagrhi, M., Ntim, C.G., Crossely, R., Malagila, J., Fosu, S. and Vu, T., 2017. Corporate governance and dividend pay-out policy in UK listed SMEs: The effects of corporate board characteristics. Fox, M.B., Gilson, R.J. and Palia, D., 2016. Corporate Governance Changes as a Signal: Contextualizing the Performance Link. Hilscher, J., Landskroner, Y. and Raviv, A., 2014. 0BThe Raymond Ackerman Family Chair 1Bin Israeli Corporate Governance. Honor, F., Munari, F. and de La Potterie, B.V.P., 2015. Corporate governance practices and companies RD intensity: Evidence from European countries.Research policy,44(2), pp.533-543. Larcker, D. and Tayan, B., 2015.Corporate governance matters: A closer look at organizational choices and their consequences. Pearson Education. Lee, K. and Barnes, L., 2017. Corporate Governance and Performance in Hong Kong Founded Family Firms: Evidence From the Hang Seng Composite Industry Index.The Journal of Developing Areas,51(1), pp.401-410. McAlister, D.T., Marcos, S. and Ferrell, O.C., 2016. Corporate governance and ethical leadership.Business Ethics: New Challenges for Business Schools and Corporate Leaders: New Challenges for Business Schools and Corporate Leaders, p.56. McCahery, J.A., Sautner, Z. and Starks, L.T., 2016. Behind the scenes: The corporate governance preferences of institutional investors.The Journal of Finance,71(6), pp.2905-2932. Misangyi, V.F. and Acharya, A.G., 2014. Substitutes or complements? A configurational examination of corporate governance mechanisms.Academy of Management Journal,57(6), pp.1681-1705. Shrives, P.J. and Brennan, N.M., 2015. A typology for exploring the quality of explanations for non-compliance with UK corporate governance regulations.The British Accounting Review,47(1), pp.85-99. Solomon, J. (2013).Corporate Governance and Accountability. 4th ed. Wiley. Solomon, J.F., Solomon, A., Joseph, N.L. and Norton, S.D., 2013. Impression management, myth creation and fabrication in private social and environmental reporting: Insights from Erving Goffman.Accounting, organizations and society,38(3), pp.195-213. Tricker, R.B. and Tricker, R.I., 2015.Corporate governance: Principles, policies, and practices. Oxford University Press, USA. Zalata, A. and Roberts, C., 2016. Internal Corporate Governance and Classification Shifting Practices: An Analysis of UK Corporate Behavior.Journal of Accounting, Auditing Finance,31(1), pp.51-78.

Friday, April 3, 2020

Charles Goodyear Essays - Rubber, U.S. Synthetic Rubber Program

Charles Goodyear Charles Goodyear was born in New Haven, Connecticut on December 29, 1800 to Amasa and Cynthia Goodyear. Charles's father was a hardware manufacture and a merchant. Amasa Goodyear built mainly farming tools like hayforks and scythes, which he invented. When Charles was a teenager he wanted to go into the ministry and become a pastor, but his father convinced him that he was a good business man and placed him in the hardware store of the Rogers brothers in Philadelphia at the age of seventeen. He worked there until he was twenty-one years old. At that time he returned to New Haven to join his father's business, making farm tools. For five years he worked for his father, building up the family business. On August 24, 1824, while he was still working for his father he married Clarissa Beecher who also lived in New Haven, Connecticut. In 1826 Charles Goodyear decided to move to Philadelphia, Pennsylvania. There he opened a hardware store where he sold the products that his father made. Four years after opening this store both Amasa and Charles Goodyear were bankrupt because they would extend credit to customers and the customers would never pay back the money that they owed. Charles's health started to decline and both father and son owed tens of thousands of dollars. For the next thirty years Charles Goodyear was thrown in prison over ten times because he didn't pay his debts. In 1834 when he was in New York, on a business trip, the Roxbury India Rubber Company caught his eye. He decided to go inside the store and take a look around. While he was in the store he saw an India rubber valve on one of the products in the store. He thought that a better valve on a product of his father's might help them pay off some of their debt. He decided to make a better valve with Indian rubber. A few days later he showed it to the manager of the Roxbury India Rubber Company, who was very impressed with valve, but the manager didn't encourage it because he was afraid that Goodyear might come up with a better type of rubber that didn't melt and get sticky in the summer like India rubber did. Getting a boost of confidence when he went back to Philadelphia, he decided to start experimenting with India rubber. He did his first testing in jail, because immediately upo n his return he was put in jail for another debt. The India rubber market was beginning to fail because the rubber would melt in the summer heat, therefore it would cost him almost nothing to buy the rubber. His first try in making rubber better, he combined gum elastic with the India rubber, but when summer came his rubber reacted in the same as the India rubber. The year of 1836 Charles Goodyear had no encouraging results. With the things that he did make out of India rubber (which were failures to making a better type of rubber) they were sold to pawn shops to produce some income. Friends and family would give him money so that he could keep his rubber research going. In 1837 Goodyear devised a process in which he coated the India rubber with metal and acid (this is only part of the vulcanization process). On June 17, 1837 he got patent No. 240. In 1837 he moved to Roxbury, Massachusetts, where the India rubber business was started. The India rubber business had rebounded, but only selling limited products. There he met E.M. Chaffee, who invented India rubber and John Haskins, one of the factory managers. They saw some of his work and allowed him to rent a small portion of the factory and use their machinery. There in the winter of 1837-38 he sold shoes, piano covers, and tablecloths utilizing his new process. In winter of 1838 he met a man named Nathaniel M. Hayward who was about to patent his discovery in which he put sulfur on rubber to eliminate the stickiness of the rubber. Goodyear hired Hayward to go more in depth with the experiment using sulfur with India rubber. Jointly they discovered that if they

Sunday, March 8, 2020

buy custom Feline Behavior Problems essay

buy custom Feline Behavior Problems essay Introduction: According to the Chicago Veterinary Behavior Consultants (2008), there are numerous behavior issues of cats that can interfere with the special bond that exists between animal and human. Cats have been one of the oldest and the most trusted pets after dogs. The adorability, cuddliness and the warmth of cats often relates to infants, as the infants are being loved and cared the most by the pet cats. The main objective of this topic is to describe the common and some uncommon cat behavior issues, the research conducted and its analysis, with the hypothesis of receiving a positive response to appropriately train and tame the cat behavior problems. The research comprises of five to six scenarios which will initiate the problem, describing its practical evidence and provide proper remedies to overcome those issues. The entire research material is taken from the journal articles of the famous veterinary resources such as American Veterinary Society of Animal Behavior (2008), Pet Education by Foster Smith (1997-2011), some insights by DVM, Wayne Hunthausen (n.d.) of the Westwood Hospital, Cats International (2007), and the Chicago Veterinary Behavior Consultants (2008), and Fanciers (1991) as already mentioned before. The reason behind choosing this topic is to spread awareness amongst the pet owners, SPCA society, animal beaters and kids who have pet cats with behavioral issues, and working on this topic might give the pet owners some insights which not only will improve the pet/owner relationship, as well will create a healthy and happy lifestyle for the suffering cats. The society needs to beware of the dangers of neglecting or ignoring the cat behavior issues as it could be very destructive for the entire family, especially for the kids in the family who become attached to the cuddly queen of her territory. Therefore, certain methods are being presented to teach people and family on disciplining and taming the strays and untamed cats. Overview of Cat Behavior Problems: Cindy Tittle Moore (1991-1997) has covered the cat behavior issues in a sophisticated and precise manner. The basic principle that lies with any animal as Cindy (1991-1997) stated that no animal should be beaten or abused as it will never teach the poor animal the correct ways of life, and can only lead to timidity and fear for you. Some of the tactics that has been described by Cindy Tittle Moore (1991-1997) have been applied in real life in order to see the difference of theory and practice. Training an untrained cat could be a hassle, but with proper understanding and following the methods described in the research, pet owners might be able to restore the pleasant and adorable cat behavior. Here are listed some of the common behavior problems in outdoor as well as indoor cats. Aggression (Play aggression, fear aggression, redirected aggression, petting-induced aggression) DVM Wayne Hunthausen (n.d.) Cat Spraying (Foster Smith, 1997-2011). Fear/Anxiety (Foster Smith, 1997-2011) Change in Activity Patters (Foster Smith, 1997-2011) Scratching and Declawing (Cats International, 2007) Litter box problems (Cindy Tittle Moore, 1991-1997) Psychological stress (Cindy Tittle Moore, 1991-1997) Escaping (Cindy Tittle Moore, 1991-1997) Tree and Curtain Climbing(Cindy Tittle Moore, 1991-1997) Biting and Chewing(Cindy Tittle Moore, 1991-1997) Noise cats make when mating(Cindy Tittle Moore, 1991-197) Description of the Cat Behavior Issues: Aggression: Redirected aggression is the most common of all the four kinds of aggressions. The Chicago Veterinary Behavior Consultants (2008) states that this is the aggression by a cat towards another person or another cat as a result of the inability of the attacker to get at another object of their aggression; An example would be a cat at the patio window watching a stray cat. Eventually, the patio cat would like to be possessive and get aggressive towards the stray cat and might hiss or purr in a menacing tone to scare the stray cat away. Play aggression is merely the normal activity that occurs with kittens, like hissing, spitting and pouncing at each other, and their posture is different than real fighting as stated by the Chicago Veterinary Behavior Consultants (2008) and is also called interact aggression. The fear-based aggression is the presence of strangers in a room, and the reality is that cats do show fear, and due to this trait, their eyes get dilated, tucked tail, hair gets flared up and signs of resentment are being observed as being researched by Chicago Veterinary Behavior Consultants (2008). Cat Spraying: Drs. Foster and Smith (1997-2011) mentions that an inappropriate elimination is the most common behavior issue for older cats, and there are various causes for this behavior, many of them medical; medical conditions which may result in an increased frequency of urination may be the mere cause for this problem, which include: colitis, inflammatory bowel disease, diabetes mellitus, hyperthyroidism, kidney or liver disease, and feline lower urinary tract disease (FLUTD). Fear /Anxiety: This factor is determined by the increased risk of losing vision; hearing, having pain and neurologic disease which can trigger fear or anxiety in cats; therapies and proper medication should be provided to the designated cat (Dr. Foster Smith, 1997-2011). Change in Activity Patterns: Studies show that some cats tend to be active at night, despite the routine change, and keep wondering in search of food or insects at home. Practically, this habit is observed in older cats as Foster and Smith (1997-2011) describes it. The best solution for this is to engage the kitty in playing or grooming before the bedtime, in order to overcome the loss of sleep and turning the sleep routine around. Scratching and Declawing Scratching is the way of filing the growing nails for the kitties. Cats International (2007) has found most feline behaviorist gone blank when inquired about cat training in saving the couch. Here, if people think about declawing, it would be one of the most inhumane act done to the speechless pets and most people discourage it. The solution does not lie performing this inhumane act, but to train the kitties, with trimming the nails with a scratch post. Cindy Tittle Moore (1991-1997) also states that for an unwanted scratching, provide a scratch post and issue firm no!s on other items, and might want to spray some bitter orange spray in order to resent their behavior. Litter Box Problems: The issues with the litter box might be unhygienic litter boxes, uneasy access to litter box, using a different litter box, noise within the area, or an unwanted chemical used to wash the litter box are some concerns mentioned by Cindy Tittle Moore (1991-1997). Psychological Stress: Cats are posseessive in nature and they might like or dislike the arrival of new pets, new baby or just someone new in the house. As stated by Cindy Tittle Moore(1991-1997), the stress aroused by this can also trigger improper urination . Escaping : Most cats will try to adopt this technique as an easy getaway from training. Cindy Tittle Moore (1991-1997) states a remedy for this is to discourage running to the door is never to let the cat succeed, by always being the first one to block or enter the door. Tree and Curtain Climbing Cats are natural tree climbers as they tend to do that more often since childhood. This is the last thing any pet owner would like to experience and call the fire department to rescue the cat. For the drapes, the cat might fall over it with the rod and might injure herself, thus try to prevent the cat by unhooking the drapes just in case someone not home as Cindy Tittle Moore (1991-1997) advises. Biting and Chewing Biting is a common issue with cats as they play and this make it a habit. It might get very painful for the person interacting with cat in order to show his/her love and friendliness. Try to make a hurt cat sound as to discourage cats, turn around and wait for a few seconds, as a remedy stated by Cindy Tittle Moore(1991-1997). This will train the cat to be gentle and care for people in future play. Noise Cats make when mating Cindy Tittle Moore(1991-1997) has noticed that mating cats make an unbelievable amount of noise. If the cats are strayed, check with a veterinary clinic, and try to get them neutered. But if they belong to someone, let the cat owner beware of this. Methodology: The assessment of the feline behavior problems have been described as a tool in determining the respective solutions for it. The methodology used here is to address each of the issues mentioned above, and analyze their situation and coming up with an appropriate solution for it. Aggression was the first challenging situation in which was redirected, play and fear. Imagine a scenario observed by the American Veterinary Society of Animal Behavior (2008) in which two older cats, having gotten along quite well for many years, were now fighting, and the womans husband was not willing to keep the cats separated any longer, as it was too inconvenient. Since in this care, the owners wanted an immediate assessment of the problems and to know if something could be done to resolve this issue, which involved high risk of injury to people, the researchers told the pet owners that if they were to keep their pets, they must be willing and able to manage the environment so that risks were minimized. AVSAB(2008) came up with a solution to keep the aggressing pets and their targets separated and the pets should be introduced some behavior modification exercises like training, talking, and teaching signs. The second issue was the cat spraying. Stress can play a major role in an inappropriate elimination in cats of all ages, such as moving, changes in routine etc, loud noise and aggressive behavior of kids (Drs. Foster Smith, 1997-2011).Reducing the stressors can help cats grow out of the trouble, such as placing the cat in a quiet place when guests arrive, and placing her food and water at the same spot will make her feel relaxed in the midst of loud noise. This is the best remedy for the cat spraying problem. Fearful and anxious cats need to be tamed and trained with love. Cindy Tittle Moore (1991-1997) has come up with a solution of training your cat to perform alternate behavior with the inappropriate behavior. Buy custom Feline Behavior Problems essay

Thursday, February 20, 2020

Shows that Your Kids Watch Personal Statement Example | Topics and Well Written Essays - 500 words

Shows that Your Kids Watch - Personal Statement Example When Alyssa pushed the bowl and threw away her spoon, April got exasperated, scolded the little girl with her voice raised a notch, and gave her little hand a slight spanking. "That's not good, Alyssa!" she said as she cleaned up the mess that her little girl made. Then, in between sniffs, she heard Alyssa say "I hate you!" very clearly. She was shocked at what her little girl had said. She softened up a bit and asked Alyssa, "Why did you say that baby Where did you learn that" And with her round and innocent eyes looking straight into hers, the little kid answered "From TV." April was alarmed at her daughter's answer, and so was I when she told me this story. "It's impossible for her to pick up such a line from Sesame Street or Playhouse Disney," I told her. "It could be the soap operas that her nanny watches," April concluded, and we proceeded to discuss what kind of behaviors were often shown in soap operas and how the highly receptive minds of three-year-old children retain the information that they get from watching these shows. It is clearly very important that we have to choose the kind of shows that our children watch. Little children mimic what they see around them, such as the behaviors that adults around them display and expressions that they often hear.