Friday, January 10, 2020
Women
Women have a significant importance in the society. They play the fundamental role in the improvement of a nation. In many societies, the place of women has been discussed for numerous times. Each society placed the women in their society variously. Their view of women had shaped according to their style of living, culture, laws, and religion. Even in the modern era, the place of the women is still not clear. It can be seen the level of development of a civilization by looking how women are positioned in that civilization. Although women sometimes lived in a state of liberty, they mainly have limited life. Almost every emerging civilization had set limits on women's freedom of expression and travel. Unfortunately, in much of human history, women had treated as they were the second-class citizen and women were expected to be submissive. Mostly, they were depended on their husbands or fathers. To give an example, in Ancient Greece, women did not have many rights. Women were not permitted to become a citizen of the Athenian city-state. Since they were not able to own their property, they were not able to hold full citizenship rights. Women actually had fewer rights than slaves because they were never allowed their own freedoms (GreekBoston.com). Also, Emory Adams Allen stated that Athenian women were always minors, subject to some male- to their father, to their brother, or to some of their male kin (444). There was even this saying in Ancient Greece time â⬠The best woman is the one who never speaksâ⬠(Berktay 106) As a matter of fact, many examples can be given from history such as Romans, Ancient Egypt etc. Though, the point is that the women in many societies somehow suffered enough. Surely, the suffering of women is not only belonging to the past. Still, women are exposed to verbal abuse, violence, they are forcing into the marriage etc. It needs to point out that there is not only one homogenous and unchangeable woman concept. However, all the women regardless of their race, status, and religion had faced inequality at some point in their lives.The way women are perceived in societies has many factors. One of the greatest factors can be their culture. Since the roles and activities of men are determined by the cultural systems in the societies, the effect of the cultural factor is essential. Culture cannot be defined as a single concept. It covers many aspects such as the style of living, manners, customs, arts, values, morals etc. As anticipated, culture can differ from society to another one. For instance, Turks and Arabs are often confused to have a same cultural system just because they share the same religion. However, those cultural differences were even before the Islam. In pre-Islamic Arab culture, when someone has a daughter as a firstborn, it would be a shame for them. On the contrary for Turks, there were people who wanted Oghuz Lord's prayers to have a daughter (Gà ¶kalp 26). On the other hand, even after Turks' acceptance of Islam, there were great differences between Arabs and Turks such as the monogamy. Arabs have a polygamy culture rather than the monogamy. For this reason, even though both nations are sharing the same religion, the disparities can be seen effortlessly. After touching upon the effect of the culture briefly, now it should be mention another massive effect of perceiving the women, and that is the religion. This paper is an attempt to discuss how women perceived in Christianity and Islam.Before discussing the place of women in Christianity, it is essential to know about the main concept of the human beings in this religion. ââ¬ËHow human beings are portrayed in Christianity?' The man is considered to be sinful and filthy. Therefore, when an infant comes into the world, (s)he will be baptized to purified from sins and filths. The reason for baptism is to get rid of the original sin which was Adam's and Eve's disobedience to God for eating a forbidden fruit from the tree of knowledge of good and evil in the Garden of Eden. It needs to point out that, according to Bible, Adam committed the sin because of Eve tempted him. Eve is portrayed as a seductive woman. Furthermore, Eve is considered to be the first human who fell into sin. As if she is the initiator of all the evilness. Eve is also responsible for the original sin because she tempted Adam. For this reason, women had linked with evil concepts such as wickedness, sin, and seductiveness. The view of women in Christianity has few problems. Church fathers, theologians, and authors have interpreted the bible to the extreme forms to create a widespread feminist literature. (Berktay 105) To give an example, Saint Augustinus, who preoccupied with an incomprehensible mystery of why God created the woman, states that a woman cannot be created only to be a companion for a man. Moreover, a woman simply cannot be created for helping a man because a man can perform this task better. Hence, Augustinus comes to the conclusion that woman has no value aside from child-bringing (Brundage 85). Another North African Christian theologian Tertullianus, who was an extreme misogynist, declared as: You are the gate of hell woman! You are the first to oppose the law of God; you deceived such a man that even the devil would not dare come close to him. You easily ruined the man who was created in the image of God. Because of your blame, even the son of God must die! (Ruther 157). The Christian Bible consists of two main parts, the first part is the Old Testament and the second part is the New Testament. Old testament almost has the same content in Tanakh which is the holy scripture of Jews. However, Tanakh is called Old Testament by Christians and they interpret Tanakh differently. The woman in Old Testament begins with Genesis 2:18 â⬠The Lord God said, ââ¬Å"It is not good for the man to be alone. I will make a helper suitable for him.â⬠It can say that loneliness is not good for the man so that God created a helper for the man, and the helper was Eve. The word of the man refers to Adam. Suitable partner that is in the verse can be defined as a fitting partner for a man. Being partner is also relative to marriage. Afterwards, Eve's creation is mentioned in Genesis 2:21-22 â⬠So the Lord God caused the man to fall into a deep sleep; and while he was sleeping, he took one of the man's ribs and then closed up the place with flesh. Then the Lord God made a woman from the rib he had taken out of the man, and he brought her to the man.â⬠According to David Guzik, who is a pastor, God used Adam's own body to create Eve to forever remind him of their essential oneness. Eve and Adam made from same substance. They are more alike than they are different (Guzik). The creation of the human race started in Adam. In Genesis 3:16 â⬠To the woman He said, ââ¬Å"I will make your pains in childbearing very severe; with painful labor you will give birth to children. Your desire will be for your husband, and he will rule over you.â⬠This verse is the God's curse and punishment upon the woman. The Women were cursed with the severe pain. A woman has to be under the authority of a man, and a wife has to be under the authority of a husband. Man is to lead woman. A woman should be submissive and she must let him to rule over her. Genesis 19 is about the destruction of Sodom and Gomorrah. However, the man who offers his two daughters to the men to rape them instead of two angles that comes to the Sodom is ultimately dreadful. â⬠Lot went outside to meet them and shut the door behind him. and said, ââ¬Å"No, my friends. Don't do this wicked thing. Look, I have two daughters who have never slept with a man. Let me bring them out to you, and you can do what you like with them. But don't do anything to these men, for they have come under the protection of my roof.â⬠(Genesis 19:6-8). The low place of women is can be seen easily in these verses, Lot is willing to prostitute his two daughters. In Exodus 21:7-11 And if a man sells his daughter to be a maidservant, she shall not go out as the menservants do. If she please not her master who hath betrothed her to himself, then shall he let her be redeemed. To sell her unto a strange nation he shall have no power, seeing he hath dealt deceitfully with her. And if he has betrothed her unto his son, he shall deal with her after the manner of daughters. If he takes for himself another wife, her food, her raiment, and her duty of marriage shall he not diminish. And if he does not do these three unto her, then shall she go out free, without money. During the ancient times, slavery was very common for both man and woman. However, when other male servants had right to walk out, female servants had no right to. As in the Cambridge Bible for Schools and the Collages book states that the reason for the different treatment of female slaves is to be found in the fact that a female slave was as a rule her master's concubine (Perowne). These verses refer that it was alright to trade women and female slaves, and undesirable female slaves can be released without money. In addition to that, polygamy was allowed.The distinction between having a male child and female child and it is consequences can be seen in Leviticus 12:1-5: Then the Lord spoke to Moses, saying, ââ¬Å"Speak to the children of Israel, saying: ââ¬ËIf a woman has conceived, and borne a male child, then she shall be unclean seven days; as in the days of her customary impurity she shall be unclean. And on the eighth day the flesh of his foreskin shall be circumcised. She shall then continue in the blood of her purification thirty-three days. She shall not touch any hallowed thing, nor come into the sanctuary until the days of her purification are fulfilled. But if she bears a female child, then she shall be unclean two weeks, as in her customary impurity, and she shall continue in the blood of her purification sixty-six days. â⬠These verses are about the ritual impurity after the child-bringing. After a male child comes into the world and circumcised on the eighth day, the woman will be unclean until the eighth day. As David Guzik's commentary on the main understanding of this ceremony is to understand the idea of original sin. Every birth another sinner was brought into the world, and the woman was here symbolically responsible for bringing a new sinner into the world. (Guzik). Moreover, as it seen the period of impurities is increased when having a female child, and the reason for this can be a female child will also give birth a sinner in the future. Leviticus 21:9 states that â⬠And the daughter of any priest, if she profanes herself by playing the whore, she profanity her father: she shall be burnt with fire.â⬠Since the daughter of a priest represents the religion she needs to be careful about her behaviors and she has the responsibility of being a daughter of a priest. Therefore, they need to follow the religion accordingly. However, this verse states that if she dishonors of herself the consequences would be punished fiercely with burning. It is a massive punishment. It needs to emphasize that Why only the daughters of a priest are responsible to follow the religion properly and they are punished when they dishonor themselves but no sons? The sons of a priest are not even mentioned. The way the widows and divorced women were perceived in the Old Testament was not that positive. To give an example, in Ezekiel 44:22 â⬠They must not marry widows or divorced women; they may marry only virgins of Israelite descent or widows of priests.â⬠It is obvious that the priests were not allowed to marry a divorced woman or widows except a priest's divorced wife. Discrimination against divorced women and widows can be observed through this verse.
Thursday, January 2, 2020
Human Resources Policies And Procedures - 1704 Words
Assignment 2: Human Resources Policies and Procedures Ways that the Joint Commission has influenced the basic functions of HRM Every patient is supposed to access safe and quality healthcare services at all times. As such, it gets important to develop proper communication channels and a good understanding of the patients for purposes of offering high quality healthcare services. The fact that hospitals serve people from all over with varied cultures tends to call for effective planning by the management to get the right strategies that will improve communication between the hospitals and the patients. This happens to be very important as failing to do this might result to high levels of ethnic disparities being experienced in the hospitals. As such, the services of the joint commission are highly needed in helping the healthcare facilities to achieve these objectives. According to the joint commission, all leaders from different hospitals are supposed to offer a framework that will help in planning, directing, coordinating, and any other activity that will help the organization to offer the best care possibl e. The role of the leaders is also to treat the patients effectively and efficiently by responding to any of the issues that is raised by the patients for purposes of offering effective care. As such, the joint commission has played a key role in keeping records of how to deal with cultural differences in the healthcare facilities that will lead to efficiency in theShow MoreRelatedHuman Resource Strategy For A Successful Organization Big Or Small990 Words à |à 4 Pagesprocesses and procedures to make sure that the direction that are set forth by those processes and procedures are going to put the organization in that forward motion. The organization is only going to be as good as the employees that work within so again the organization must insure that an organizational issue such as training is mandated and executed for both the future of the organization and employee. According to Losey, Meisinger, and Ulrich (2005) there are three strategies that the human resourceRead MoreHsa 530 Health Services Human Resource1250 Words à |à 5 PagesHSA 530 Health Services Human Resource Purchase here http://homeworkonestop.com/HSA%20530/hsa-530-health-services-human-resource Product Description Assignment 2: Human Resources Policies and Procedures Due Week 7 and worth 320 points Continuing with the scenario from Assignment 1, imagine that you have been hired as the Manager of Human Resources for the acute care hospital. Your first task is to create a set of policies and procedures to ensure that the organizationââ¬â¢s HRM processesRead MoreHr Functions and Organizational Ethics1261 Words à |à 6 PagesHR Functions and Organizational Ethics HRM/427 Dr. Donovan Lawrence September 5, 2010 Human Resources professionals are responsible for several roles in the workplace, including implementing and managing policies, recruiting and retention, and training and development. The HR department is responsible for making sure that organizations conduct business ethically and that shareholders are treated ethically. The HR department must be able to monitor compliance with federal and stateRead MoreThe Human Resource Management ( Hrm )1513 Words à |à 7 PagesThe Human Resource Management (HRM) plays a vital role in the workplace for employees and employer. Human resource management (HRM) is the managing of human skills and talents to make sure they are used efficiently and in alignment with an organization s goals. Every company has its strategic plan; it includes the administration s long- and short-term goals, and it also includes the procedures for deciding how to allocate organizational resources to achieve these objectives. According to ourRead MoreCode Of Ethics And Stakeholders1162 Words à |à 5 Pages (Company Name)Human Resources Department commitment to stakeholders is very important and reflects the highest standards regarding professional ethics and conducts. All stakeholdersââ¬â¢ role in the company is vital for success. The human resources goal is to comply with ethical codes, policies and procedures as well as all state, federal, and national laws. (Company Name) has a reputation for integrity, and this integrity reflects the companyââ¬â¢s code of conduct. The human resources is a goal-orientedRead MoreDiploma in Business Essay1571 Words à |à 7 Pagesskills and knowledge to manage the integration of business ethics in human resources practice. Assessment description Develop a code of conduct and answer a series of questions to demonstrate understanding and ability to apply appropriate standards of behaviour and business ethics. Procedure 1. Develop a code of conduct for JKL Industries (see the case study in Assessment Task 1). JKL has a number of policies and procedures to support its core values and to ensure compliance with legislativeRead MoreCape Fear Valley Medical Center : Organizational Analysis1072 Words à |à 5 PagesACTUATING AND CONTROLLING Management Tools Departmental policies are created by department managers. After the department head creates policies they are reviewed and approved by the HIM Director. The last policy revisions for the HIM Department occurred in 2016. The policy manual is reviewed and revised annually. Every employee receives a print copy of personnel policies for the facility. New employees also receive a print copy of departmental policies during the orientation process. All employees haveRead MoreParadoxes in Human Resources1169 Words à |à 5 PagesThe field of Human Resources is full of difficulties and challenges. The business world has large expectations that are continually changing. How can a Human Resources Manager complete the necessary tasks to run a competent department while become the strategic partner and advisor that it needs to be? There are many paradoxes within Human Resources; probably more so than with any other profession. As a Human Resources professional, I have come across paradoxes in my career. I have not yet beenRead MoreThe Role Of Hr Manager Serving As A Strategic Business Partner1676 Words à |à 7 Pagesof the role of the HR manager serving as a strategic business partner. Next, an assessment of what HR policies, procedures and practices are and how they influence a business will be made. Afterwards a brief but detailed description of the major disciplines of HR managers will be conducted. To tackle the problems ABC Technology Company is experiencing currently, staffing and recruitment policies, which will include the process of retention will provide a strong plan to tackle the problems. The needRead MoreEssay on Human resources1700 Words à |à 7 PagesHuman resources Human resources is concerned with the employees who work for the organisation. Wise organisations regard staff as the most important resources. Other resources include money, equipment, buildings, land and, materials, however, if the employees are not motivated and only do the minimum work that us requires, then all the money or equipment in the world wonââ¬â¢t make the business successful. On the other hand if the employees are keen to do their best, are well trained and committed
Wednesday, December 25, 2019
Criticism Of Anne Bradstreets Poetry - 871 Words
Literary Theory and Anne Bradstreetââ¬â¢s Poems Anne Bradstreet was not the typical Puritan author. She wrote sweet and loving poems that greatly contrasted from other writers of her time. She did not write the ever so popular sermons that told people that they were going to hell and there was nothing they could do about it. Bradstreet was a rarity in Puritan times, she was a very educated woman that worked on something other than being a woman in the household. She was one of a kind and the beginning of an era. Using literary criticism when reading Anne Bradstreetââ¬â¢s poems adds a deeper understanding of her character and difficulties in life. Biographical criticism adds a greater understanding of the struggles during Anne Bradstreetââ¬â¢sâ⬠¦show more contentâ⬠¦Her writings caused her to be met with great criticism. Her brother in-law told people that she wrote her poems when she would have been sleeping. He told people this because it was greatly frowned upon to do things for yourself when you should be taking care of your family. When looking at her works through a gender criticism lenz, her works have many feminine elements. Anne is a mother and writes of her love for her children. She never says anything hateful and just comes across as sweet and genuine. Gender criticism gives her work that much more meaning knowing what she had to defy to do it. The history surrounding Anneââ¬â¢s poetry is of a time where Puritans ruled. When looking at her works with historicism, one can understand how she influenced history majorly. Anneââ¬â¢s writings did not reflect many Puritan ideals of that time in histor y. One of Anneââ¬â¢s famous poems To My Dear and Loving Husband directly defies Puritan views on marriage. Puritans believed that you should love your spouse a lot, but not more than God. They believed you should always love God the most and put him first. The way Anne writes about her husband in the poem she speaks of him as the thing she loves most. She just briefly mentions God, instead of focusing the majority of her poem on him. The love between a husband and wife was supposed to be something private according to the Puritans. With this poem, Anne was broadcasting her love for herShow MoreRelatedAnalysis Of Anne Bradstreet s Poetry1075 Words à |à 5 PagesAnne Bradstreet, a well-educated woman, strong in her Puritan beliefs, captured her thoughts by writing poetry, which included works such as ââ¬Å"Contemplationsâ⬠which was preceded by ââ¬Å"The Prologueâ⬠. Written in the mid 1600ââ¬â¢s as the colonies were beginning to form, Bradstreetââ¬â¢s po em included themes of religion, nature, and family. Although she claims to have written them without the intent of publication, a collection of her poetry was printed in 1650. She identifies her struggles with faith, yet writesRead MoreAnne Bradstreet Essay1423 Words à |à 6 Pagesera was Anne Bradstreet who wrote about her children, husband, and parents. Anne Bradstreet blended her domestic life with theological imagery in every poem she did, explaining that her grandchildren were merely lent to her but essentially belonged to God, and expressing her gratitude for her parents whom she could never repay for the gift of life. In the following article Latta, Kimberly. ââ¬Å"Such is My Bond: Maternity and Economy in Anne Bradstreetââ¬â¢s Writingsâ⬠Latta breaks down Bradstreetââ¬â¢s poems andRead MoreAnalysis Of Anne Bradstreet : The Voice Of Puritan Poetry871 Words à |à 4 Pagespurpose it has on moral instruction. Anne Bradstreet found a way of encountering her person al feelings into moralistic poetry. Therefore, Anne was the voice of Puritan faith. She often conflicted her faith, personal experiences and perceptions. In, Norms and Criticism in Anne Bradstreets poetry, the author, Misty Jones, states, Bradstreets writing depicts and respects Puritan standards but also includes discussions of ideas contrary to these standards. Anne Bradstreet wanted respect for Puritanââ¬â¢sRead MoreAnne Bradstreet and Phyllis Wheatley: Pioneers for Womens Rights1114 Words à |à 5 PagesAnne Bradstreet and Phyllis Wheatley: Pioneers for Womenââ¬â¢s Rights Anne Bradstreet (1600ââ¬â¢s) and Phyllis Wheatley (1700ââ¬â¢s) wrote poetry in two different centuries. Their topics, themes and the risks these women took in their writings are groundbreaking in that they paved the way for womenââ¬â¢s rights today. Both women are known as the first published poets of the new world. Bradstreetââ¬â¢s writings were first published in 1650 and her poetry included controversial subjects such as the relationship betweenRead MoreElizabeth Fuller And Anne Bradstreet1235 Words à |à 5 Pagesauthors, one from colonial times, and one from nineteenth century America, have written about the obstacles and misogyny theyââ¬â¢ve overcome in a male dominated literary career. Despite the two-hundred-year gap between the lives of Margaret Fuller and Anne Bradstreet, they both face issues regarding the static stereotype that women are literarily inferior and subservient handmaids to men. During the seventeenth century, when Puritan society had migrated to what is now Massachusetts, Puritans were proudRead MoreThe Genesis Of Feminism By Anne Bradstreet1181 Words à |à 5 PagesPaper #1 English 2510 Courtney Knight October 1, 2015 The Genesis of Feminism As a woman living in a very patriarchal society, Anne Bradstreet uses reverse psychology to present her beliefs and opinions. Bradstreetââ¬â¢s poems show her reality, and possibly the coping mechanisms of living in a world where men were favored above women. Bradstreetââ¬â¢s poems are full of female strength and presence, it is almost held back by her puritan roots and roles as a woman in the 1800s. I can see the conflict withinRead MoreEssay On Anne Bradstreet2057 Words à |à 9 Pagesfighting for equality every day. In the time of Anne Bradstreet, women had few rights and they were seen as inferior to men. Anne lived among the puritans whom ruled her everyday life. Although it was completely against the puritan code for women to receive an education, Anne Bradstreetââ¬â¢s father, Thomas Dudley, loved his daughter very much and did everything he could to make sure that she was well educated which shows in her works. Anne Bradstreetââ¬â¢s literature became well known only because herRead More Anne Bradstreet Essay1512 Words à |à 7 PagesAnne Bradstreet Anne Bradstreet was a woman in conflict. She was a Puritan wife and a poet. There is a conflict between Puritan theology and her own personal feelings on life. Many of her poems reveal her eternal conflict regarding her emotions and the beliefs of her religion. The two often stood in direct opposition to each other. Her Puritan faith demanded that she seek salvation and the promises of Heaven. However, Bradstreet felt more strongly about her life on Earth. She was very. SheRead MoreAnne Bradstreet Feminist Criticism1783 Words à |à 8 PagesFeminist Criticism within Anne Bradstreet Within the writings of Anne Bradstreet she provides a beacon of light for women in a society of conflict. Through her writings she depicts the struggles of women through a voice of feminine perspective and provides a prominent underlying foundation for voices to be heard and interpreted through her poems. Bradstreet found herself in a constant battle of questioning her Puritan religion, filled with confusion on the unequal treatment of women, and for whichRead MoreAnne Bradstreet Is One Of The Earliest American Poets,1760 Words à |à 8 PagesAnne Bradstreet is one of the earliest American poets, and sheââ¬â¢s read today as the first feminist in literature. While there are arguments as to why this could be true, I present an argument that Bradstreet cannot be read as a feminist, especially within her earlier works. In her later writing, her feminist identity becomes more real and plausible. Looking at two of her works, ââ¬Å"The Prologueâ⬠and ââ¬Å"The Author to Her Book ,â⬠both written at different times in Bradstreetââ¬â¢s life, one can see how Bradstreetââ¬â¢s
Tuesday, December 17, 2019
The Impact Of Ethics On The Enron Corporation Essay
Ethics is something that is very important to have especially in the business world. Ethics is the unwritten laws or rules defined by human nature; ethics is something people encounter as a child learning the differences between right and wrong. In 2001, Enron was the fifth largest company on the Fortune 500. Enron was also the market leader in energy production, distribution, and trading. However, Enrons unethical accounting practices have left the company in joint chapter 11 bankruptcy. This bankruptcy has caused many problems among many individuals. Enrons employees and retirees are suffering because of the bankruptcy. Wall Street and investors have taken a major downturn do to the companys unethical practices. Enrons competitorsâ⬠¦show more contentâ⬠¦Those same 25 executives announcing the layoffs had just one week earlier paid themselves retention bonuses of $55 million (Diekmann, 2005). These employees did not show or use ethical business conduct by making sure they the mselves received pay; they are just as guilty as the top executives involved with the accounting scandals. Wall Street Wall Street can have a heavy influence on a company such as Enrons ethical standings. During the Enron debacle, Wall Street played a key role in the decision-making process for the leadership team of Enron. Wall Street roles in determining Enrons overall value as the company influenced Enron to push the boundaries of ethical standards. During the trial of Enrons executives former Internet division chief of Enron Ken Rice testified: That he and his co-conspirators chose to lie about their networks capabilities to gain credibility on Wall Street and boost Enrons stock value. (Flood, 2005) Enrons decision to inflate their values to Wall Street did exactly what the company executives wanted and the companys stock value skyrocketed. Wall Street obediently obliged, inflating Enrons share value by as much as 75% from the time the company started bragging about its prospects. (Lashinsky, 2001) When Enrons bubble finally burst andShow MoreRelatedThe Impact of Ethics on the Enron C orporation2018 Words à |à 9 PagesEthics is something that is very important to have especially in the business world. Ethics is the unwritten laws or rules defined by human nature; ethics is something people encounter as a child learning the differences between right and wrong. In 2001, Enron was the fifth largest company on the Fortune 500. Enron was also the market leader in energy production, distribution, and trading. However, Enron s unethical accounting practices have left the company in joint chapter 11 bankruptcy. ThisRead MoreCorporate Social Responsibility Of The Enron Corporation1124 Words à |à 5 Pageswill look at the Enron Corporation and discuss its application of Corporate Social Responsibility (CSR) or in actuality its irresponsible behavior as related to social responsibility. We will revisit what CSR is and discuss Enronââ¬â¢s philosophy regarding its use and function within the corporation. We will discuss the consequences of Enronââ¬â¢s irresponsib le behavior and the far reaching effects it had on society. Corporate Social Responsibility are actions taken by a corporation that have positiveRead MoreEthics Standards And The Field Of Accounting950 Words à |à 4 PagesProfessional ethics are an absolute necessity in the field of accounting. Businesses rely on accountants to accurately report their financial information and give sound advise and consultation in regards to their business. There are standards and rules set in place to ensure that ethics and information is reported accurately. Laws and repercussions are created place to deter unethical and illegal accounting practices, although it still occurs in the business world on many levels. The field ofRead MoreAndrew Fastow : The Enron Corporation And The Pioneer Of The Financial1067 Words à |à 5 PagesIn 1990 Enron market value increased from $3.5 billion to $35 billion by the end of 1999 (Ivey Business Journal, 2016). During this time Andrew Fastow was the chief financial officer of the Enron Corporation and the pioneer of the financial implication that brought Enron crumbling down. In this nine-year time frame this feat was admired by companies around the globe. Andrew received a CFO Magazine award for his work at Enron and had lavish parties celebrating the results of the quarterly earningsRead MoreCorporate Ethics Essay1520 Words à |à 7 Pages The board of directors is also highly influential to a corporation and should therefore also be held accountable for supporting a corporationââ¬â¢s ethical code of conduct. The board of directors is responsible for looking out for the best interests of shareholders (Cross Miller, 2012). The board of director s was designed to monitor executives, however in practice this is not always the case (Cross Miller). Obviously this is monitoring is a necessary duty. A proposed change to ensure that theRead MoreEnron : Enron And Enron Scandal Essay1269 Words à |à 6 PagesEnron was one of the largest energy, commodities, and services company in the world. It was founded in 1985 and based in Huston, Texas. Before its bankruptcy on December 2, 2001, there are more than 20,000 staff and with claimed revenues nearly $101 billion during 2000. Enron was the rank 16 of Fortune 500 in 2000. In 2001 it revealed that Enronââ¬â¢s financial report was planned accounting fraud, known since as the Enron scandal. In the Enron scandal, Enron used fraudulent accounting practices to coverRead MoreThe Ethics Of The Enron Case1622 Words à |à 7 PagesIntroduction The Enron case is well known for being the largest corporate bankruptcy in American history. Thousands of people world-wide lost billions of dollars, lost life savings, and lost their jobs. Due to the vast corruption, greed and the blatant disregard for integrity from the very top of Enron leadership, world markets crumbled and investor confidence in corporate America was severely damaged (Chandra, 2003.) We will look at the accounting fraud committed by Enron executives and interestedRead More Ethical Lessons Learned from Corporate Scandals Essay832 Words à |à 4 PagesEthical Lessons Learned from Corporate Scandals Ethics is about behavior and in the face of dilemma; it is about doing the right thing. Ideally, managerial leaders and their people will act ethically as a result of their internalized virtuous core values. The Enron scandal is the most significant corporate collapse in the United States and it demonstrates the need for significant reforms in accounting and corporate governance in the United States. It is also a call for a close look at theRead MoreEthics972 Words à |à 4 PagesEthics Ethics in a corporation is a matter of following the rules and conditions of the company sponsoring one for employment or doing business with different corporations. The corporations have to keep in mind that any actions or decisions they may take if for the worst to the better it will affect the company as a whole, the stakeholders, and the employees whom it involves along with other businesses that are associated with the corporation. It is mainly the social responsibilityRead MoreEthical Issues Of Business Ethics1369 Words à |à 6 PagesThe word ââ¬ËEthicsââ¬â¢ is derived from the Greek word ââ¬Ëethosââ¬â¢ (character) and Latin word ââ¬Ëmorasââ¬â¢ (customs) (Senaratne, 2011). Ethics is usually based around a decision one makes to help us identify what is good and what is bad as well as guiding us on doing well and avoiding the bad. Whatââ¬â¢s more, ethics are like a code of conduct asserting moral guidelines, prevailing good behaviour. Itâ â¬â¢s also about relationships and how we treat others. There are many underlying ethical issues arising for instance,
Sunday, December 8, 2019
Corporate Governance and Value Creation
Question: Discuss about the Corporate Governance and Value Creation. Answer: Introduction: Nowadays, real estate business has gained global recognition and has attracted the international investors and developers to invest here. It is perceived that corporate governance can improve the reputation of real estate industry by making more professional. Corporate governance focuses on the participants of the market who expect faster reply to the perceptible failures. The report here deals with the organization The Rational Estate Institute of Australia (REIA). REIA operates in the real estate market of the country, which is considered the least ethical (Acharya 2013). The organization provides valuable advice to the government. An experienced team headed by an able CEO manages the governance in REIA (Allen and Carletti 2013). Six-member organizations from different territories constitute REIA. An analysis of the external environment of the organization is also given form an idea about the industry in which the organization operates. A board of directors each from the six-member organization is selected to form the board of directors. The CEO of REIA is Jock Kreitals. An overview about the corporate governance of the organization is also given followed by a critical review of it. Based on the critical review some recommendation is given. Recommendations are mainly guidelines and not prescription to be followed. Reforms in the corporate governance enhance the transparency and increase their score in ethical issue in the Australia economy. Background of REIA and the Real Estate Industry: The Rational Estate Institute of Australia (REIA) is professional organization for the real estate sector of Australia. REIA is not politically aligned and it researches on the matters relating to real estate sector and provides advice to the Federal Government, media, and other members of the real estate sector. It is established in 1924 and it gained reputation as one of the most acceptable source regarding the commercial and residential property markets (Reia.asn.au, 2016). An able CEO along with an experienced team with requisite knowledge and credentials guides the organization towards success. Six members from different territories and state together form the REIA membership. They are Real Estate Institute of ACT, NT, SA, Tas, WA and Vic. The Affiliates Council in NSW is also included among the members of REIA. Approximately 80% of the real estate firms collectively constituted REIA (Reia.asn.au, 2016). REIA operate in the real estate sector of Australia. A PESTLE analysis gives an idea about the macro environment of the industry. Changes in taxes and laws, barriers to trade, demographic changes all constitute the macro-environment of the real estate industry. The political situation of Australia has always been stable which benefits the companies in their business. A stable business environment with skilled and educated labors and a strategic time zone all contributed in the formation of the perfect environment to attract the MNCs. The economic environment is favorable as high property prices increases the demand for rental properties. The economic environments also offers encouraging situation for investment opportunity. The property prices increases by 36.6% and the commercial properties in Perth and Brisbane gives outstanding returns on investment (Allen and Carletti 2013). Pure investment strategies enable investors to purchase off-plan properties at best prices. The social structure in Australia is divided into three statures. They are upper class, working class and middle class. Every class has different purchasing power. The property market delivers according to the purchasing power of each class. Technology leading to innovation r educes cost and enhances quality. Government invested 55% of the funds in research and industry development. The prime minister has created a post to augment science and technology in the industry. The environmental protection act imposed by the government, which will meet the availability and quality of water supply. The legal situation should be stable in which the firm operates. Minimum wage, employment and ethical issues all comes under this legal factors (Barton and Wiseman 2014). Review of REIA governance: REIA governance is compromises of a board of directors who takes strategic decision, and frames policies for the organization. The CEO and the board of directors work together to achieve excellent outcomes for the organization. Jock Kreitals is the CEO of REIA (Reia.asn.au, 2016). The board consists of single representative from each state as nominated by the Real Estate Institute. The president in REIA is Neville Sanders. He has joined the Real Estate Institute of Victoria in 1971 and became a member of REIA board. At present, Neville is in the general manager post of Whittles Australia. Hyden Groves is the deputy president who holds the real estate business after working successfully as sales representatives in a firm for years. Diane Davis is the board director of REIA. She was the former president of Real Estate Institute of Northern territory. She has been serving as Real Estate agent for 22 years. At present, she is now in the position of Branch Operations Manager of Elder Real Estate. Joseph Walton is a professional in the property market. He has experience in sales, retails, commercial leasing, and sales of residential properties and uses his knowledge to attain exemplary standard in all fields of his work. He has served in the government sectors and in charitable institutions. Joseph is a licensed agent in the real estate sector and holds the director post in Allard Shelton Pty Ltd. in Melbourne. Moreover, he is serving as a director in the Real Estate Institute of Victoria. In 2014, Greg Moulton became the CEO in Harris Real Estate. He has played extensive training role in Real Estate Institute. He has earned reputation as an auctioneer and committed himself in the Real Estate Institute. Stan Platishas joined REIA Board Director in 2004 (Reia.asn.au, 2016). He has been in the real estate industry for 19 years and currently holds the position of Board Director of REIACT. He has also received Community Service Award for his outstanding performance in th e Real Estate sector. Christopher Mourd heads Real Estate for LJ Hooker group. The residential networks and the commercial networks of LJ Hooker growth and management is looked after by him. He also has extensive knowledge and experience in international property of Northern America and South Pacific region. Adrian Kelly has served in at the real estate industry of Tasmania. He is among the board of members of Real Estate Institute of Tasmania. At present, he is an Associate in REIA. John Cunningham is highly respected in his profession for his integrity. His philosophy is to build trust in the relationships of business. His innovative approach coupled with his expertise enabled him to set milestone in real estate business. At present, he is in the President position of REINSW (Reia.asn.au, 2016). REIA is mainly concerned about the finance to the agencies of real estate. To expand the span of SMEs in the real estate market in Australia REIA conducted a survey on the real estate agents, which will provide evidence on the impact on the decreasing competition in the financial services in the post global financial crisis period. The survey revealed that the financial sector is unable to understand the requirements of SMEs and grouped them under in a single basket. The main problem was to get access to finance as the official interest rates for SMEs are increased after the worldwide financial crisis (Battistini 2014). To distinguish the relationship that exist between the structure and the ownership pattern of REIA is shown through a figure below.In the figure, the major claimants of the value in REIA are the debt and the equity, holders. Debt holders accept the risk on debt-obligation whereas the equity holders receive the value of the firm and assign the corporate decision to the managers and to the board of directors. Agency association exists within REIA between the management and the employees, depending on the complexities of the company. REIA also have a connection with its stakeholders during the normal course of its operation. These connections are illustrated in the lower half of the organization (Berger, Imbierowicz and Rauch 2016). The management has the power to alter the norms of the business and its relationship with the customers and the suppliers. The ability to make changes depends upon the characteristics of the commodities or services that are being traded. External audit are performed to provide a new viewpoint of the mechanism, which is framed to minimize the agency cost (Neubauer and Lank 2016). Finally, the figure depicts that REIA has a relationship with the social agency that encompasses the responsibilities in terms of good corporate citizen. Recently like other Australian firms, REIA has given recognition to the relationship between corporate governance and the level of performance in a company. The important part of the mechanism of the corporate governance can influence the level of cost of agency. These costs are the ability of the directors to foresee the nature of the management, review and audit the process, the role of large shareholders to incur and monitor cost and the threat to take over the market from corporate control (Boyd 2014). However, the connection between good corporate governance and the level of performance in REIA has received diverse support. The mechanism of corporate governance was designed to form deliver and develop industry-wide framework that could guide REIA and its investors in the real estate market in Australia. Some of the principles, which can be organized in three types are structural, behavioral and disclosure, are given below: To formalize the functions reserved to the board of directors and the management. A majority of the board of directors is independent with a chairperson and the role of the CEO and the chairperson should not be the same person. The organization should have an established set of code to promote responsible and ethical decision in the real estate market. The CEO and the board of directors are required to safeguard the integrity of the company. The organization should have an established written procedures and processes to ensure compliance with the rule of ASX. Disclosure of the requirements is necessary to make certain its accountability to the senior management. The organization should design communication strategies to enhance effective communication and participation at the meetings. To disclose the evaluation of the performance of the board, committees and individual directors and key executives. The organization should give recognition to the legitimate stakeholders. The structural principles assumed that the corporate governance is a matter of performance of the firms goal. The behavioral principles consist of the majority of the recommendations from the ASX council. The disclosure principle outlines REIAs ways of communication with corporate governance to collect information about the stock market (McConnell and Qi 2016). Important policy implication is not expected to change the management and governance of the company all together (Dermine 2013). The key elements of the corporate governance in REIA are: To protect the interest of the investors and which is achieved through a set of provisions. They are clearance of the funding obligations, information on the financial obligation of the company and decision-making process Investors give more importance to the Advisory Committee in terms of reference. Critical Review: The real estate sector played a crucial role in the present economic crisis. The recent crisis, to an extent, is attributed to the governance crisis. In Australia, the real estate sector is considered the least ethical. The real estate is of great importance to the institutional investors. Though theoretically it has been said that organization level of governance is important for investment in equity but evidence reveals that in REIA governance has least influence on its performance (Kohl and Schaefers 2012). The organizational structure of REIA requires fundamental changes in the principal traditional setting. In this constricted setting in which the managers of REIA operate, gives us an interesting way to experiment with the connection between governance and level of performance. Moreover, according to Harrad, Davis and Grissom (2013), corporate governance played a crucial role in the global economic crisis as returns on investment declined. However, according to, investors have s hunned the Asian markets during the beginning of the financial crisis in Asia. To investigate the impact of corporate governance on performance of the company, an analysis on the flow of capital from both residential and institutional investors is analyzed. Results showed that corporate governance affect REIAs performance both during the boom and recession periods. According to Harford (2012), the returns on stock are related directly to the corporate governance structure. Designing an investment strategy needs more time in an organization with high corporate governance compared to an organization with low corporate governance. Investors might not be able to identify the difference between a well-performed and poorly performed governance company but eventually they will be able to do so by paying a premium to the company with good governance (Joseph, Ocasio and McDonnell 2014). Recommendations: Recommendations are like guidelines that are framed to produce positive and effective outcome. Some of the suggestions are: The available information is better accessible. More detail information about the affiliations, independence, policies, share trading and composition of committees. Clarification of the concerned information In the case of foreign investment in Australia, foreigners are required to apply for investment approval prior to the purchase of any residential estate. An established set of information and functions should be reserved to the board of directors. The recommendations are framed to promote several principles, they are: An established entity has a board of directors to manage and evaluate the performance. The board of appropriate size and committed to discharge its duty efficiently. The entity should have a rigorous process to verify and and maintain the integrity of corporate reporting. The entity should have a remuneration structure to attract and retain the directors and executives. The entity should also have an effective risk management framework. Conclusion: In order to improve reputation and increase transparency, REIA uses corporate governance as its main tool. Transparency and professionalism are the main element to control and increase the confidence of the investors. Real estate has been in the foreground during the global financial crisis. In this report, the influence of the structure of corporate governance on the stock returns has been seen. The Rational Estate Institute of Australia (REIA) operates in the real estate market of the country, which is considered the least ethical. The organization provides valuable advice to the government regarding investment related issues. Six-member organizations from different territories form REIA. A PESTLE analysis gives a view on the external environment of the organization and hence, about the industry in which the organization operates. A board of directors each from the six member organizations headed by CEO of REIA, Jock Kreitals forms the board of directors. A view on the corporate go vernance of the organization is given. A critical analysis o the governance of REIA is then given. Based on the critical review recommendations are formed which are mainly guidelines to improve their performance. Reforms in the corporate governance will increase the transparency and will help the company to rise on ethical grounds. References: Acharya, V.V., Gottschalg, O.F., Hahn, M. and Kehoe, C., 2013. Corporate governance and value creation: Evidence from private equity.Review of Financial Studies,26(2), pp.368-402. Allen, F. and Carletti, E., 2013. Systemic risk from real estate and macro-prudential regulation.International Journal of Banking, Accounting and Finance,5(1-2), pp.28-48. Barton, D. and Wiseman, M., 2014. Focusing capital on the long term.Harvard Business Review,92(1/2), pp.44-51. Battistini, L., Burreddu, P., Sartori, A., Arosio, D., Manzoni, L., Paduano, L., DErrico, G., Sala, R., Reia, L., Bonomini, S. and Rassu, G., 2014. Enhancement of the uptake and cytotoxic activity of doxorubicin in cancer cells by novel cRGD-semipeptide-anchoring liposomes.Molecular pharmaceutics,11(7), pp.2280-2293. Berger, A.N., Imbierowicz, B. and Rauch, C., 2016. The roles of corporate governance in bank failures during the recent financial crisis.Journal of Money, Credit and Banking,48(4), pp.729-770. Boyd, D., Amidu, A.R. and Smith, M., 2014. Developing a Practice-based Body of Real Estate Knowledge: A Delphi Study.Journal of Real Estate Practice and Education,17(2), pp.139-167. Dermine, J., 2013. Bank corporate governance, beyond the global banking crisis.Financial Markets, Institutions Instruments,22(5), pp.259-281. Erkens, D.H., Hung, M. and Matos, P., 2012. Corporate governance in the 20072008 financial crisis: Evidence from financial institutions worldwide.Journal of Corporate Finance,18(2), pp.389-411. Haran, M., Davis, P., McCord, M., Grissom, T. and Newell, G., 2013. Equities or real estate? An international evaluation of listed property markets.Journal of European Real Estate Research,6(2), pp.139-162. Harford, J., Mansi, S.A. and Maxwell, W.F., 2012. Corporate governance and firm cash holdings in the US. InCorporate Governance(pp. 107-138). Springer Berlin Heidelberg. Joseph, J., Ocasio, W. and McDonnell, M.H., 2014. The structural elaboration of board independence: Executive power, institutional logics, and the adoption of CEO-only board structures in US corporate governance.Academy of Management Journal,57(6), pp.1834-1858. Kohl, N. and Schaefers, W., 2012. Corporate governance and market valuation of publicly traded real estate companies: Evidence from Europe.The Journal of Real Estate Finance and Economics,44(3), pp.362-393. McCahery, J.A., Sautner, Z. and Starks, L.T., 2016. Behind the scenes: The corporate governance preferences of institutional investors.The Journal of Finance. McConnell, J.J. and Qi, Q., 2016. Just Talk CEO Succession Plan Disclosure, Corporate Governance and Firm Value. Mller, R., Turner, J., Andersen, E.S., Shao, J. and Kvalnes, ., 2015. Governance and Ethics in Temporary Organizations: How Corporate Governance Influences the Temporary Organization.Proceedings of the IRNOP, pp.22-24. Neubauer, F. and Lank, A.G., 2016.The family business: Its governance for sustainability. Springer. Rau, J.Y. and Cheng, C.K., 2013. A cost-effective strategy for multi-scale photo-realistic building modeling and web-based 3-D GIS applications in real estate.Computers, Environment and Urban Systems,38, pp.35-44. Reia.asn.au. (2016).REIA | Real Estate Institute of Australia. [online] Available at: https://reia.asn.au/ [Accessed 25 Nov. 2016]. Tricker, B., 2015.Corporate governance: Principles, policies, and practices. Oxford University Press, USA. Wang, G.J. and Xie, C., 2015. Correlation structure and dynamics of international real estate securities markets: A network perspective.Physica A: Statistical Mechanics and its Applications,424, pp.176-193.
Sunday, December 1, 2019
Writing Style of Scarlet Letter Essay Example
Writing Style of Scarlet Letter Paper Adultery, betrayal, promiscuity, subterfuge, and intrigue, all of which would make an excellent coming attraction on the Hollywood scene and probably a pretty good book. Add Puritan ideals and writing styles, making it long, drawn out, tedious, wearisome, sleep-inducing, insipidly asinine, and the end result is The Scarlet Letter. Despite all these things it is considered a classic and was The Scarlet Letter is a wonderful and not so traditional example of the good versus evil theme. What makes this a unique instance of good versus evil is that either side could be considered either one. Hester could very easily have been deduced as evil, or the bad guy, as she was by the townspeople. That is, she was convicted of adultery, a horrible sin of the time, but maybe not even seen as criminal today. As for punishment, a sentence to wear a scarlet A upon her chest, it would hardly be considered a burden or extreme sentence in the present day. We will write a custom essay sample on Writing Style of Scarlet Letter specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Writing Style of Scarlet Letter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Writing Style of Scarlet Letter specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Or Hester can be seen as rebelling against a society where she was forced into a loveless marriage and hence she would be the good guy, or girl, as the case may be. Also the townspeople, the magistrates, and Chillingworth, Hesters true husband, can be seen in both lights. Either they can be perceived as just upholding the law -she committed a crime, they enforce the law. On the other hand are they going to extreme measures such as wanting to take Pearl, Hesters daughter, away just because Hester has deviated from the norm, all to enforce an unjust law that does not. Although the subjects of the novel do apply to important issues in history and could have had influences on the time period, they were not great.
Tuesday, November 26, 2019
Free Essays on The Collector - Opening Paragraph Analysis
THE COLLECTOR ââ¬â OPENING PARAGRAPH QUESTION: Identify the characteristics of writing and comment on the tone and style of the piece and the effects achieved by the writer. How does the writer make the reader want to read on? Having not read the entire book and only having the opening paragraph to work from it is difficult to establish in what direction the novel will take us. However, it is certain that despite this, I as a reader want to keep reading and discover more about the story and its characters. The question is how does the author manage to capture the interest of the reader to such an extent? To discover this we need to look at the tone and style the author uses to invite the reader into his characterââ¬â¢s world so that you need to know more. We need also, then, to look at the way the author has begun to develop the characters and how despite the lack of any actual malicious language or violent actions, the author makes the reader feel uncomfortable about the narratorââ¬â¢s intentions towards ââ¬ËMââ¬â¢. Why does the reader feel that the narratorââ¬â¢s intentions are not innocent but instead in some way sinister? Finally, we need to examine the paragraphââ¬â¢s overall content to discover what aspects of it compel the reader to continue reading. The title itself, although simple, alludes to a wish to possess a prized or coveted object and is the first hint the reader gets that the story will develop this idea. The piece is written as a first person narrative, using predominantly colloquial language. This simplicity and the attention to every detail within the long conversational sentences almost seems to attempt to gain the readerââ¬â¢s confidence. Further, this attention to each small detail, such as ââ¬Å"â⬠¦I stood by the window and used to look down over the road over the frostingâ⬠¦Ã¢â¬ and ââ¬Å"I stood right behind her once in a queue at the public library down Crossfield Street.â⬠, helps the reader build a pictu... Free Essays on The Collector - Opening Paragraph Analysis Free Essays on The Collector - Opening Paragraph Analysis THE COLLECTOR ââ¬â OPENING PARAGRAPH QUESTION: Identify the characteristics of writing and comment on the tone and style of the piece and the effects achieved by the writer. How does the writer make the reader want to read on? Having not read the entire book and only having the opening paragraph to work from it is difficult to establish in what direction the novel will take us. However, it is certain that despite this, I as a reader want to keep reading and discover more about the story and its characters. The question is how does the author manage to capture the interest of the reader to such an extent? To discover this we need to look at the tone and style the author uses to invite the reader into his characterââ¬â¢s world so that you need to know more. We need also, then, to look at the way the author has begun to develop the characters and how despite the lack of any actual malicious language or violent actions, the author makes the reader feel uncomfortable about the narratorââ¬â¢s intentions towards ââ¬ËMââ¬â¢. Why does the reader feel that the narratorââ¬â¢s intentions are not innocent but instead in some way sinister? Finally, we need to examine the paragraphââ¬â¢s overall content to discover what aspects of it compel the reader to continue reading. The title itself, although simple, alludes to a wish to possess a prized or coveted object and is the first hint the reader gets that the story will develop this idea. The piece is written as a first person narrative, using predominantly colloquial language. This simplicity and the attention to every detail within the long conversational sentences almost seems to attempt to gain the readerââ¬â¢s confidence. Further, this attention to each small detail, such as ââ¬Å"â⬠¦I stood by the window and used to look down over the road over the frostingâ⬠¦Ã¢â¬ and ââ¬Å"I stood right behind her once in a queue at the public library down Crossfield Street.â⬠, helps the reader build a pictu...
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