Nat Turner Essay Example

Nat Turner Essay Throughout the colonial period and the time leading up to the American civil war, one of the most important and controversial topics facing Americans was the idea of slavery. The notion of slavery is an odd and incredibly horrifying concept, that one man can own another man, or two men, or an entire family, just because of the color of their skin. No doubt the idea was racist and repulsive, but to many Men and Women in history, across the country and across the world, slavery was just a part of everyday life: they knew no different. So when those people who were being stripped from their homeland and brought over on ships to be sold at auction to the highest white bidder, began to question the sacredness of this terrible operation, it should have come as no surprise when a rebellion ensued like that of Nat Turner in South Hampton County, Virginia in August of 1831. Stephen B. Oates’s account of this gruesome slave rebellion was put into text in â€Å"The Fires of Jubilee: Nat Turner’s Fierce Rebellion. Oates’s description of this important fragment in American history comes in a prologue, four parts, and then an epilogue in which he tells the story of the time leading up the rebellion in South Hampton County, the rebellion itself and the time after it, along with his journey through the city and how he acquired his information for the book. In the conclusion of his piece, Oates establishes the claim that to many African-Americans, now and in the past, Nat Turner is somewhat of a heroic figu re and a freedom fighter in a dark period for this enslaved people. We will write a custom essay sample on Nat Turner specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Nat Turner specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Nat Turner specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Oates, a white man, stated in the opening of his book that he wanted to â€Å"produce a biographical and historical narrative that would be as realistic and fair-minded as I could make it. † But Oates failed at this attempt, but not on the side of diminishing blacks, but instead he took more of a â€Å"white man’s fault† route. In his story, though he was trying to be as fair and equal as possible, he portrayed the white man as the wrongdoer, and the black slaves as the victims. But Oates’s claim that Nat is perceived as a â€Å"martyred soldier of slave liberation† is what separates this story from others. In my opinion, Oates is right on track. Nat Turner began his life as a slave, yet he was very intelligent, learning how to read and write and a young age, even with no former education. He grew up under several masters, including Samuel Turner whom which he gets the last name turner, but lived in South Hampton County for his entire life up until the rebellion. Nat’s life was that of any other slave living in this time period, working the fields, doing household chores, and even running errands for his master later in his life. Nat grew up incredibly religious and this quite possibly could have affected Nat’s decision to start a rebellion. Nat began to have â€Å"visions† and â€Å"sings from god† which were telling him that â€Å"the Serpent was loosened, and Christ had laid down the yoke he had borne for the sins of men, and that I should take it on and fight against the Serpent, for the time was fast approaching when the first should be last and the last should be first. † (The Confessions of Nat Turner) Leading up to the rebellion, Nat made sure that his plans stayed secretive, relying on a need to know basis for rallying information. Nat planned carefully and intelligently, strategizing every part of the insurgence that was to arise. Nat’s observance of a solar eclipse was his last clue to start the rebellion. A week later, on August 21, it began. â€Å"It was sometime after midnight. With a slight wind murmuring in the darkness, the slaves set out by the light of a torch, moving through the woods toward the Travis farm-the first target in their holy war against the white man. † (pg. 69) The rebellion ended with nearly 60 whites dead, including men, women and children, but the loss for the whites was much more than that. Nat’s rebellion showed that the â€Å"dumb negroes† surrounding the white society were not as dumb as once believed, in fact, some were quite brilliant, and Stephen Oates supported this idea throughout the book. Telling the story behind the scenes of how the insertion developed, and how the slaves could think for themselves and design the plan without the help of outside forces, an idea that many whites refused to believe in the time following the rebellion. Though Nat was finally captured, and in turn tried, then executed, the battle that he won was much greater than his own life. Nat is without a doubt a â€Å"freedom fighter† and although his fight ended in blood, it was necessary at the time to help to end the continuance of such a cruel and inhuman practice. Slavery in itself was much more horrifying than every white death that ensued following the rebellion combined. Oates’s assertion that Turner’s rebellion was the first war against slavery is incredibly accurate, except in one sense, one does not need to be African-American to agree with this claim. Though an African-American could view slavery as a much more personal subject, because it affected and enslaved many of their own ancestors, one does not need to be black to understand how terrible slavery actually is. Any single person who can assess slavery with an open mind and completely unbiased will see that the suggestion that one person can own another person solely because of the color of one’s skin is completely inhumane, and it’s absolutely no surprise that those who were being enslaved decided to react. Nat did in fact commit a crime, he started a rebellion that ended in the deaths of numerous innocent people, but he was only acting this way because of how whites were acting towards him. In some ways Oates is in fact creating a racial divide in his legacy of Nat Turner by saying that only African-Americans regard Turner as a hero, but he is not doing this intentionally. He is saying this with the mindset of a man living in the 1700’s when people hated slavery but only because they were worried about slavery affecting their own lives, and not seeing its overall immorality. This racial divide was not intentionally put into place during his work, but Oates still touched on the subject of a difference between blacks and whites. Still, in my opinion, Turner was only an enslaved, African-American man who wanted equality and decided to react with the same amount of hatred and severe measures as what slavery and white people had showed him. Nat was a freedom fighter indeed, he started the fight for freedom for blacks in America, he started the fight that would help to build a better country, and started the fight that would make America a much better place.

Political Aspects Of Hosting Mega Sporting Management Essay Essay Example

Political Aspects Of Hosting Mega Sporting Management Essay Essay Example Political Aspects Of Hosting Mega Sporting Management Essay Essay Political Aspects Of Hosting Mega Sporting Management Essay Essay This paper aims to foremost, describe and analyze the political facets of hosting mega featuring on two major levels- national and international degrees. On the national degree, mega featuring events are able to further coaction among the populace sector, the private sector and the community. Such events are able to better authorities efficiency and used as a tool for the development of new thoughts such as environmental sustainability, diverseness and community engagement. Furthermore, such events can convey about urban transmutation, civic integrity and AIDSs in the edifice of both a national and a cultural individuality. At a more macro international degree, mega-sporting events can be used as a platform for the publicity of international human rights and societal justness and can function as a tool for the international acknowledgment of provinces. Second, this paper will analyse economic facets of hosting mega featuring event by analyzing the entire commercial activity within the state and by weighing the effects of the building of substructure for the mega clean event. In this section, the impacts of the commercial activity with regard to the touristry industry, the employment rate and foreign direct investings on the host state will be examined. Last, this paper seeks to analyze the success of India in hosting the recent XIX Commonwealth Games 2010. A successful mega-sporting event depends on the host s ability to program and put to death the event so that it is able to accomplish new degrees of planetary acknowledgment every bit good as important economic, political and societal development in the hereafter. Reasons for Hosting Mega Sporting Events Political Agendas In this section of the paper, the political docket for hosting mega-sporting events will be discussed on two distinguishable levels- national and international. National Level Civic Pride and Unity Hosting mega athletics events can take to civic pride[ 1 ]. It plays an of import function in the manner people in the host state view themselves and their community. It allows people in the host state to portion their experiences of life in the state and show values that are close to the bosom of the people populating in the state. The passion and committedness exhibited by these voluntaries will non be able to be matched by salaried workers employed to execute the same responsibilities. Volunteerism allows the people in the state to experience a sense of pride for their state. A society of voluntaries is indispensable to accomplishing the host state s vision of being an exciting planetary finish, which is vivacious, widely distributed, and at the same clip culturally rich and diverse. Hosting mega-sporting events can help the edifice of national individualities in some states such as South Africa by advancing societal integrating and furthering tolerance amongst the people. Sports can cut across barriers that divide the society, as in the instance of South Africa where football was seen to further societal coherence between the Whites and the Blacks. The permanent image of Nelson Mandela showing the Rugby World Cup Trophy to the Afrikaner captain Francois Pienaarin 1995 at the event held in South Africa[ 2 ]illustrates how mega-sporting events can convey intangible benefits such as coherence and integrity. Host states use mega-sporting events as a great chance to show a positive cultural image, successful integrating and traditional values in the international sphere with an purpose of increasing touristry in the hereafter. The most suited occasions to expose traditional activities picturing patriotism, Orientalism and cultural individuality in the games are the gap and shutting ceremonials[ 3 ]. At the 1982 Ninth Asiatic Games, the overall subject of the integrity in diverseness in Indian patriotism and civilization was the spirit of the ceremonials. There were shows of a assortment of terpsichoreans picturing the different provinces in India. ( Give more concrete grounds ) Urban Transformation Mega featuring events are accelerators of significant urban transmutation, peculiarly from passage from industrial metropolis to a post-industrial metropolis due to alterations in the planetary economic system[ 4 ]. States are more dependent on the service and touristry industry instead than the fabrication, local capital investing and public sector intercession due to globalisation, deregulating and deindustrialization of the economic system[ 5 ]. Therefore, more enterprises are being taken by the authorities to develop and better substructures and fast path the already proposed development programs. For illustration, Tokyo used the 1964 Olympic games as an chance to transform the metropolis from a congested, war-damaged pandemonium to a modern, comfortable city. Tokyo spent US $ 2.7 million in 1964 on an urban redevelopment program which included extended route betterments, seaport enlargements and development of urban comfortss, lodging, tourer adjustment and waste and sewerage di sposal systems. Among Tokyo s huge Olympic outgo, it was estimated that less than 3 % of the outgo was spent on the building of strictly competition related installations the bulk was alternatively spent on run intoing the metropolis s short term and long-run development programs[ 6 ]. International Strengthening of Global Image and Positioning Some states host mega featuring events as a tool to joint and signal key messages sing the host- a dynamic that extends beyond the province based chase of public diplomatic negotiations[ 7 ]. These signals are critical tools of legitimization for the host state in deriving support both domestically and internationally. The media and planetary communications have played an of import function in this facet by leting the event to be seen from all over the universe at any existent clip. By hosting mega-sporting events like the Olympics and the Commonwealth Games, the host states are provided with a low cost but high profile resource for publicising their policy on international issues or towards specific provinces. Semi peripheral states use mega-sporting events as a tool to signal developmental progresss. The Olympics held in Beijing in 2008 illustrate how mega featuring events played an highly of import function in International political relations. The Chinese saw the Olympics as less of a clean spectacle and more of a coming out party[ 8 ]. The mega sporting event was used as an chance for China to showcase its economic sciences and political development. In fact, the Prime Minister of the People s Republic of China, Wen Jiabao stated in an interview in April 2008 that the Beijing Olympics present an chance for China to demo the universe how democratic, unfastened, civilised, friendly and harmonious it is[ 9 ]. Hosting mega featuring events are besides used to signal decisive and desirable societal alteration. The 1995 Rugby World Cup in Africa played a important function in accommodating the inkinesss and the White persons in South Africa. In peculiar, it gave the Whites in South Africa an chance to encompass the symbols, leaders and thought of a new, multiracial, democratic state basically to finish the symbolic journey from the old to new South Africa[ 10 ]. Besides, the 2010 Football World Cup held late in South Africa shows the state s re-entry into the international community and its journey from a outcast province to a planetary mediator. Phase for the Promotion of International Human Rights and Social Justice States use mega-sporting events as a phase to advance international human right issues. This is particularly apparent during the Beijing Olympic Games in 2008 when widespread protest and increased media attending showed how human rights issues were violated by the Chinese authorities. In the 1968 Mexico games, there were protest and menaces of boycotts against the apartheid government in South Africa. South Africa was besides banned from take parting in the games. The ejections of South Africa from the Games lead to international force per unit area of the anti-apartheid motion and athleticss countenances to be imposed on the state until the eventual autumn of the apartheid government. The mega sporting event was successful in the continued enforcement of South African countenances, keeping the anti-apartheid motion[ 11 ]. The clean event played an of import function in bring forthing international consciousness for the apartheid government against South Africa and besides helped bri ng on political and societal alteration within the state. Economic Consequences in the hosting of Mega Sporting Events In this section of the paper, the economic docket of hosting mega featuring events will be discussed in elaborate with regard to the entire commercial activity and the usage of the public financess for the edifice of substructures for the mega clean event. Entire Commercial Activity Tourism Industry The touristry industry will profit with the increasing media coverage given in concurrence with the hosting of such mega featuring event. Conservative surveies estimate addition in station Games tourists to be from 1.5 % to 3 % for the last Olympic Games in 2008[ 12 ]. This addition in the figure of station Games tourer is due to the media coverage of hosting such event. Viewing audiences of the mega sporting event are more likely to develop an involvement in sing the host state, which may take to a greater desire to see the state in the hereafter. The mega clean event gives the host state an chance to showcase itself to the universe as a prima metropolis for athleticss and a perfect locale for events every bit good as an attractive force worthy topographic point of repeated visits. On the other manus, a possible downside to hosting the event is the negative outwardnesss such a congestion may deter regular non-interested visitants from sing the metropolis during the event[ 13 ]. This will take to a autumn in the figure of people sing the state. Besides, if local eating houses and hotels are at full capacity, the event may merely replace instead than supplement the regular touristry industry[ 14 ]. For illustration, in the 2002 World cup held in South Korea, there was an addition in the figure of European visitants to the state but this was offset by a similar lessening in the figure of regular tourers and concern travellers from Japan who chose to avoid the fusss.[ 15 ]There were no alteration in the entire figure of foreign visitants sing the state and the figure was dead at 460 000. This shows a contradiction to the belief that mega featuring events pull big figure of visitants to the host state. Employment Rate Mega featuring events can ensue in an addition in the employment rate of the state. New occupations are created in assorted facets of the featuring event runing from conveyance to building industry. For illustration, it was predicted that the Olympic games held in Atlanta and Sydney would bring forth every bit many as 77 000 and 100 000 new occupations severally. However, states need to be cautioned to hold labour militias so as to avoid the hazard of destructing the economic system. It may turn out risky for little economic systems holding full employment rates to host mega featuring events as it can take to the job of rising prices and this will in bend cause the economic system to deteriorate. Foreign Direct Investments Hosting mega-sporting events can pull foreign direct investings in both the private and public sector from transnational companies. Many transnational corporations are attracted to states with sophisticated substructure with a safe and pleasant ambiance. These foreign direct investings will profit the host state in footings of productive factors such as marketing know-how, preparation installations and technological expertness. The host state will besides profit from the spill over effects such as labour preparation, upgrading of production accomplishments and motive of local constituent providers, stimulation to competition and development of managerial accomplishments and cognition about the foreign markets[ 16 ]. All these accomplishments will work together to increase the fight of the host metropolis. The consequence of the building of substructure Mega Sporting Events requires the host state to put big amounts of money in the building of featuring spheres, which may be used by the authorities otherwise to better wellness attention installations and the instruction system. For the 2002 Fifa World Cup, South Korea invested an estimated $ 2 billion dollars in the building of 10 new bowls and Japan spent $ 4 billion dollars in constructing seven new bowls and renovating three bing 1s[ 17 ]. The extent to which these installations and substructures are used in the hereafter is highly of import, as the demand is likely to diminish well after the mega-sporting event and there is a inclination for these substructures to go white elephants . For illustration, after the 2002 World Cup, merely five out of the 10 new bowls had regular renters. Besides, immense sum of money is invested in keeping the substructures. Therefore, it is necessary for the host state to weigh its benefits and cost before make up ones minding to host the mega cl ean event. An Analysis: The XIX Commonwealth Games 2010 Having described the grounds for states to host mega featuring events, it is now imperative that these grounds be analyzed in the context of the XIX Commonwealth Games 2010 ( CWG ) held late in India. In its command for the Commonwealth Games, Delhi s purpose was chiefly to excite economic growing and development and at the same clip better the metropolis s substructure[ 18 ]. In this section of the paper, the success of the Games will be assessed on whether the purposes of the host state have been fulfilled based on the undermentioned variables: Making a Permanent Bequest Focus on Post Event Legacy Strategy Alignment It is indispensable for states hosting mega-sporting events to implement enterprises that leave a long term sustainable benefit tailored for the Games. In this facet, one of vision of the CWG forming commission was a clear green vision to endeavor towards cut downing C footmark and going the sustainable development benchmark for multi-disciplinary games in the hereafter [ 19 ]. They implemented many strategic enterprises such as edifice Green infrastructures, holding Green ceremonials and cordial reception and at the same clip initiated a assortment of green procurance policies to make consciousness of the environmental debasement and advance environmental motions. A green concerts were held to bring forth public involvement in the Games, sensitise them about the Green Games subject and at the same clip to bring on the populace to back up its Low Carbon Campaign . The populace was encouraged to take pledges to protect the environment and badges advancing GO GREEN, IT WORKS! were distributed to promote the people to make their portion in caring for the environment[ 20 ]. Social Development Ideally, a successful mega featuring event is one that provides benefits economic, political and societal to a assortment of stakeholders. However, this was nt the instance in the Commonwealth Games. It was reported that kids of over 400,000 building workers at the Games sites are deprived of basic rights like sanitation, schooling and health care[ 21 ]. It is of import that these kids are given their constitutional rights by the authorities in their effort to supply first substructure for the Commonwealth games. Many of the hapless are marginalized as a consequence of the CWG because slums near the Yamuna part where the site of the CWG is at have been demolished. It is estimated that 30 000 to 40 000 households will be displaced by the authorities as a consequence of the CWG[ 22 ]. Infrastructure In order for a mega featuring event to be successful, it is of import that the event fits into the metropolis s development end. A bequest of abandoned substructure and economic ruins tarnishes the image of the host state. In the facet, the Commonwealth Games will profit the people in India to a big extent in the hereafter. Delhi went through a monolithic transmutation with the edifice of a new airdrome terminus, building of more tube paths and the add-on of new coachs to ease the conveyance system within the metropolis for both the locals and tourers. In add-on, new overpass and subwaies was besides built at an estimated cost of RS. 1650 Crores to work out the traffic congestion jobs that the state presently face. However, there is a concern that there will be an underutilization of the sporting substructure station event. Many of the bowls will be vacant and it will be particularly hard to derive entree to the bowl since many of it is authorities owned. Constructing a wide base of Support Hosting a successful mega-sporting event requires the state to hold strong: Common Goal It is of import for the general populace, concern organisations and the authorities to supply a individual voice and a common end for the state so that the best of the state can be presented to a planetary audience. India s determination to offer for the Commonwealth Games was non-transparent and undemocratic[ 23 ]. The CWG was used as an effort by the authorities to inspire an elect goaded plan of urban transmutation that focuses on denationalization, secularisation and buildings of memorials to amour propre. It is dissatisfactory how India s effort to derive national prestigiousness undermined the urban societal motions in India. Government Support Fiscal Guarantees The authorities demand to be a surety for fiscal duties and liabilities related to the event for the mega-sporting event to be successful. The authorities has to do usage of their resources sagely to efficaciously do the event successful due to the immense sum of money involved. In this facet, the Commonwealth Games 2010 can be deemed as a complete failure. First, the authorities did non do usage of their resources expeditiously. The authorities for the mega sporting event used 1000000s of dollars, which were irrelevant to the common adult male in India alternatively of utilizing it for societal development plans and bettering the instruction and healthcare systems in the state. It is of import for the authorities to maintain in head that the money invested in such events comes from public financess and the event should so profit the populace it derives capital from, non curtailing itself to the elite rich minority, while at the same time guaranting that it does no injury to the community[ 24 ]. Second, there were widespread corruptness in assorted facets of forming the event including the procurance and awarding of contracts for the building of the games venue. For illustration, the Commonwealth Games forming commission after probe of fiscal abnormalities charged TS Darbari and deputy manager general Sanjay Mahendroo. Security The authorities needs to play a critical function in maintaining the people safe and the occupation of acquiring the jocks, support staff and protagonists in and out of the state with optimum security. . Mega featuring events, due to their turning visibleness and importance, have become a major mark for terrorists and other riotous forces. Security inquiries emerged after gunslingers who fired on a tourer coach in New Delhi two hebdomads before the games injured two visitants from Taiwan[ 25 ]. The Indian authorities have invested around 370 Crores on security[ 26 ]. The Indian Government liaised with assorted cardinal security bureaus within India and all predicating states in the mega event to increase the degree of security. Particular monitoring security with the electronic surveillance like CCTV, X-Ray luggage scanner was besides placed on the relevant places to look into out the perturbation and problem. The authorities should be applauded for their efforts in undertaking this security issues. Economic Development Tourism Rate There have been a dip in the umber of tourer sing the metropolis due to hapless selling by the Tourism Department and the CWG Organizers and due to negative media coverage environing the Commonwealth Games along with Dengue and inundations menace. The authorities had estimated that one million tourers would get at the CWG but merely 75606 tourers turned up. This caused an inauspicious impact on the hotel and service industry. Employment Rate The employment rate have increased in turn in the development and edifice of substructure in Delhi in readying for the CWG. The edifice of the CWG substructure has involved a great figure of contractors, building companies and day-to-day pay earners. Even after the CWG, occupations are still secured due to the direction and care of the substructure, in peculiar the athletics locales and bowls. The CWG has helped in increasing our employment rate by 1.1 million and this will stay even after the Games[ 27 ]. Economic Growth and Foreign Direct Investments On this facet, it is excessively shortly to reason if India have gained or loosed because it has merely been one month since the CWG. However, it can be concluded that Delhi will profit. Delhi has a presence of good connectivity, which allows the metropolis to be linked with other economically vivacious metropoliss in the state. There is a high literacy rate within the population and many of them are extremely entrepreneurial. Due to good connectivity, the metropolis has the possible to pull private developers and foreign direct investings in the lodging and substructure sectors Decision The Commonwealth Games was non much a failure as many critics have said it to be. The Games went swimmingly and the state was able to profit from the substructures built such as the enhanced conveyance system and the occupations created. However, there were many other facets that were non as successful- there was corruptness charges against some members of the authorities and there was a deficiency of societal development in the state. Besides, the state was unable to cast the underdeveloped state label due to many controversial issues that arose before and during the Games.

Critically discuss the extent to which the defence of loss of control Essay

Critically discuss the extent to which the defence of loss of control in the Coroners and Justice Act 2009 compares to the defence of provocation - Essay Example 2 This was supplanted by the defence of loss of control that had been induced by a triggering event, under the Coroners and Justice Act 2009. 3 The principal changes effected by the new act are; absence of a requirement for the loss of control to be abrupt; exclusion of sexual infidelity as a qualifying trigger; requiring a qualifying trigger to pertain to fear of violence from the deceased or to things said or done. 4 With regard to triggers that are based on things said or done, the requirements are that the extenuating circumstances should be very grave in character, and these circumstances should have justifiably made the defendant believe that he been wronged. In the event of such fear having been incited by the defendant, then it is to be ignored. 5 The Coroners and Justice Act 2009 specifies that loss of control has to be on the basis of one of the qualifying triggers, if the defence is to be successful. These are loss of self – control that can be attributed to a fear of serious violence, as provided under section 55(3); or on account of circumstances of an extremely serious nature, which result in a justifiable sense of having been wronged. The latter qualifying trigger has been provided under section 55(4)(a) and 55(4)(b) of the Act. 6 The difficulty associated with the provisions of this Act is that a defence wherein the defendant has probably acted out of danger is placed in the same category as a defence attributed to fear. However, there is some improvement, as the law has now come to recognise that loss of self – control can be occasioned by emotions other than rage.7 This is of great benefit to battered women who kill or grievously injure their tormentor. Under the provisions of the Homicide Act 1957, the defendant should have experienced a loss of self – control. The 2009 Act has clarified that loss of self – control was not required to be spontaneous. However, the presence of the

Corporate Governance Essay Example | Topics and Well Written Essays - 2000 words - 2

Corporate Governance - Essay Example The Agency theory comes into place when the conflict of interest takes place between the principal (shareholders) and the agent (management of the organisation) and affects the corporate governance of the organisation. Agency theory presumes both the principal and the agent are encouraged by self-interest. This assumption of self-interest condemns agency theory to unavoidable intrinsic disagreement.   Therefore, if both revelries are enthused by self-interest, managements are likely to follow self-interested intentions that diverge and even clash with the purpose of the principal.   Thus, agents are expected to act in the sole interest of their principals (Saltaji, 2013). To resolve the corporate governance crisis, agency theory advocates a self-governing board arrangement and the application of equity-based reward for higher managements. This study helps to examine the degree to which agency theory proposals help to resolute the corporate governance issues. Corporate governance is the set of procedures, behaviours, guidelines, commandments and institutions distressing the way a conglomerate (or company) is directed and controlled. Corporate governance also comprises of the associations amongst the many stakeholders concerned and the objectives for which the company is administered (Larcker, Richardson and Tuna, 2007). In present-day business organisations, the chief external stakeholders are shareholders, debtors, trade creditors, trader, clientele and societies affected by the organisations performance. Internal stakeholders are the board of directors, management, executives and other employees (Bebchuk, Cohen and Ferrell, 2009). There are many diverse representation of corporate governance around the globe. These diverge according to the diversity of free and private enterprises in which they are embedded. The Anglo-American "model" tends to highlight the security and welfare of the shareholders (Denis

Viewing the Globe in 2006 and 2056 Essay Example | Topics and Well Written Essays - 500 words

Viewing the Globe in 2006 and 2056 - Essay Example Entertainment-wise, everything is done locally. There are scheduled local dances and events at particularly planned days. The greatest worry one possesses is the thought of growing too old and not being able to provide for my family. They all look upon me for assistance. Concepts of Globalization Globalization is defined as the process through which regional economies, societies and culture have become incorporated through a global network politically through communication. This is basically the transnational circulation of ideas and language. Globalised culture is basically the integration pattern of human knowledge, belief and behavior associated with globalization. Such a town is known as a globalised village (Marques, 2005). Differentiating between Americanization and Globalization, Americanization is the process through which different cultures around the world learn the American cultures and hence try to act like them introducing imperialism. Globalization does not introduce th e idea of imperialism but actually brings together different cultures through one network. Some of the selected cultural norms include fine arts and humanities. Different people tried to perfect their culture by practicing fine art. Developing the art means developing a philosophical soul and is considered as one of the highest possible ideal concepts of human development.

Finance Essays Financial Management

Finance Essays Financial Management Role of financial management in Wolfson Microelectronics plc. TASK 1: Financial management is related to the acquisition, financing and management of assets with a future goal and planning. Efficient financial management requires the laying down an objective or goal, because judgement whether a financial decision has been rightly taken or not must be in light of some standard. The most important goal of a firm in financial context is to maximize the value (wealth) of firm and of the shares holders’ wealth. Maximizing the wealth of share holders (owners) of the firm is judged by the effect of share price which is the result of business decisions. Thus we define role of financial management into three areas: Investments: Investment decisions for an investor are based on historical prices and security analysis of financial assets such as stocks and bonds. However from company’s point of view investment is all about finding out new feasible ways to manage the business mainly in area of production, distribution and marketing. Further more, company also considers which portfolio of the different types of financial assets to hold. A common example could be common stocks, preferred stocks, bonds and debentures etc. With regard of Wolfson Microelectronics, it made investments in Research and Development of capital equipment and soft wares to $10.6 m alone in 2004. Furthermore, company has intentions to significant contributions to research in the future. As a result value of fixed assets rose to $ 29,680k in the year 2004. Wolfson unveiled two main ideas behind putting capital expenditure (long-term investments):   to time the market requirement decrease production cost by constant research and design Wolfson clearly showed its intention not to distribute retained earnings among its shareholders due to the need of capital expenditure in future projects. The future electronics market belongs to consumer’s digital portable stuff. Wolfson’s management is planning to contribute in this huge market share around the world, making it sure they keep alive with the high demanding consumer market in the future, though they are newly born public listed company in the London Stock exchange. 1. Refer: Balance sheet figures (Pg. 53) of Wolfson Microelectronics plc. Annual  Ã‚  Ã‚  Ã‚   Report and Accounts 2004 2) Financing: This is the second major issue of the firm as the management needs to ascertain How much money could be available by floating stocks in the market? Based on both factors, a company forms its capital structure. This is also referenced as ‘finance mix’. How much money they could borrow to run their business with getting in trouble of getting default or excess borrowings. Wolfson raised investment money to meet their requirements by issuing stocks (an increase of $ 9105 k) and increasing debt by $ 8273 k. In other words, it financed its projects by issuing stocks and bonds to its stakeholders. Wolfson plc. also mentioned financing of $1204 K as negative-inflow stream as compare to   $39,364 K   in year 2003 in the form of share capital issues and bank term loan. (3.) 3) Dividend policy:   In addition to two important decisions, dividend policy must be viewed as an integral part of the firm’s financing decision. The dividend payout ratio determines the amount of earnings that can be retained in the firm. Dividend payout ratio = Annual Cash dividends Annual earnings Wolfson paid equity dividends of $ 407 K in year 2003 but no dividends were paid in year 2004, but on non-dividend equity, company did not pay dividends to its shareholders. So the dividend payout ratio is Zero for year 2004. As described earlier, it has been clearly mentioned in the annual report to retain all future earnings for investment in development and expansion of business and the management does not expect to pay dividend at least for some years in future. (2.)   However, this is not an encouraging sign for shareholders of Wolfson because stock investors often judge performance of the company stocks by their growth which is possible by declaration of dividends. 2.Refer consolidated cash flow statement (Pg.54) of Wolfson Microelectronics plc. Annual Report and Accounts 2004 3. Notes to Cash flow statement (Pg. 72) of Wolfson Microelectronics plc. Annual Report and Accounts 2004 If we combine the effects of the financing, investment with dividend policy, the relation could be in a shape of three schools of thought: Some argue that Dividend policy is irrelevant because for a company investment and debt decisions are not relevant by the amount of dividend payments. This is also due to the fact when we say that capital markets are perfect and complete and all information is available regarding market conditions and its constituents (companies). Some say that High dividends increase Stock value. They provide the reason that dividends are more certain than capital gains (price growth of the securities), so a firm which is paying less returns but sticks with the dividends is more attractive for the share holders.   Thirdly, low dividends increase stock value because some argue that dividends actually hurt the investors in shape of taxes, so less dividend income means less tax deduction for the shareholder. TASK 2: Is Wolfson successful to satisfy needs of Shareholders? Certainly not according to the annual report 2004. As we discuss earlier, stock investors are not impressed at all knowing the fact company is not paying dividends, but one has to consider that Wolfson is a new public listed company in London Stock Exchange which has a great impact of its group directors holdings. If we look at the current price trend of Wolfson Micro Electronics plc. (source: uk.finance.yahoo.com), we find that there is good improvement in market price as it is trading above 200p per share from Sept, 2005 to date. The volume of the stock traders is also increased from July onwards, although in odd days there are sudden fall in price and volume which is bit worrying for shareholders. Chart 2.1 But the good aspect is Wolfson stock is performing above average as compare to FTSE index. If we see the chart 2.2, creating good price increase from beginning of this year. Chart 2.2 Let’s talk about the expectation of shareholder and growth rate of stock price in absence of dividends (as in the case of Wolfson). As shown in chart 2.3, if there is a decline in dividends, as a result the expectation level will also be decreasing and so as the price of the stock. A rise in the dividend growth then put the expectation of the investors at increasing level as well as the growth in stock price occur. Chart 2.3 Would it be better if Remuneration package for a Director is based on Shareholders wealth? The concept of shareholder’s wealth arises from the theory that a company should only work solely for the benefit of these people and has responsibilities to its owners. That could be an effective style in management and it sounds very good for the investors. Following points should be observed in this regard: If company is giving dividends to its share holders from the reserves allocated in the company retained earnings then there is a secure feeling for stockholders that they will not lose all of their money if company goes bankrupt. Management if decides to use dividends for increasing future value of the firm by utilizing them in capital expenditures, then this also makes sense for a firm like Wolfson that is involved in digital technology. We know that innovations and inventions are constantly taking place in this industry which means high proportion of firm’s money is spent on RD of new products. We have to bear in mind that distribution of dividends also require transaction cost for a firm to pay in the shareholders account plus dividend   income is taxable for shareholders. Knowing these facts, if were a Director of Wolfson I would not decide in company’s meetings not to distribute dividends to our shareholders at all for number of years. Rather than I would continue to give shareholders at least some amount of returns in form of dividends. Why I should go for the decision, this is because of following reasons Directors and top management are bound by fiduciary duties to act in the good interest of shareholders. Value of my firm will increase if shareholders have more trust in our performance. If we allocate a portion of profit towards them that means that as Directors of Wolfson, we give respect to our shareholders even in tough period of our business cycle (we know our company is new to the stock market but has opportunities to capture its share in the market). Moreover, total shareholder return of Wolfson would be lower than its competitors in the market because when stock investor compares the performance of different companies for his investment, it would be inevitable that share price appreciation and dividends paid are not in a row in our company. The reference group of companies (having similar business) in same sector would also pose threat for us when a shareholder takes investment decision.

Technology, Criminal Investigations, and Ethics :: Exploratory Essays Research Papers

Abstract  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This paper discusses several implementations of modern technology in criminal investigations, and the ethical issues that accompany these techniques, focusing on the tradeoff between security and privacy. Specific topics include centralization of information, telecommunications, and general technology. Cases are cited for each topic, as well as a discussion of the ethical issues involved.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   With the advent of modern technologies, the face of criminal investigations, and indeed daily life, has been irrevocably altered. In addition to locating criminals with ease, authorities now have the ability to monitor potential criminals before they can commit crimes. However, with an increased ability to detect comes an inevitable tradeoff in privacy. To monitor society as a whole is to monitor both the innocent and the guilty. Phases of sudden change imply a period of social adaptation, namely debates centered on the 4th amendment and personal privacy. Cases related to the 4th amendment reflect the difficult application of 200 year-old principles to a changing society, while the latter examine the tradeoff between privacy and protection.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Despite a large number of high-profile cases surrounding general technology and criminal investigations, the majority of advancements in the field have been undeniably beneficial to the law enforcement community. Ballistics, the study of dynamics of projectiles, has aided authorities in tracing countless criminals. By maintaining a record of firearm and ammunition types, sources, and characteristics, investigators are given an invaluable tool in collecting information about crimes. The recent advent of DNA testing and analysis allows for incontrovertible identification of individuals. Traces as insubstantial as fingernails, hair, and skin cells can place an individual at the scene of a crime. Police who are equipped with laptop computers can instantly look up the history of a vehicle, including whether it was reported as stolen or owned by an individual with outstanding warrants. Many innovations have indisputably aided criminal investigat ion without causing controversy. However, there have been a multitude of technologies that have incited oversensitive privacy advocates. Centralization of information is one concept that has provoked debate. Large databases can contain information about an entire state or country, which has been done for years in paper form. The distinction is that when information takes electronic form, its location is often indeterminate and the data is prone to corruption or piracy. Given the potential to integrate information about an individual into a single record, there is reason to worry about misuse. Technology, Criminal Investigations, and Ethics :: Exploratory Essays Research Papers Abstract  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This paper discusses several implementations of modern technology in criminal investigations, and the ethical issues that accompany these techniques, focusing on the tradeoff between security and privacy. Specific topics include centralization of information, telecommunications, and general technology. Cases are cited for each topic, as well as a discussion of the ethical issues involved.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   With the advent of modern technologies, the face of criminal investigations, and indeed daily life, has been irrevocably altered. In addition to locating criminals with ease, authorities now have the ability to monitor potential criminals before they can commit crimes. However, with an increased ability to detect comes an inevitable tradeoff in privacy. To monitor society as a whole is to monitor both the innocent and the guilty. Phases of sudden change imply a period of social adaptation, namely debates centered on the 4th amendment and personal privacy. Cases related to the 4th amendment reflect the difficult application of 200 year-old principles to a changing society, while the latter examine the tradeoff between privacy and protection.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Despite a large number of high-profile cases surrounding general technology and criminal investigations, the majority of advancements in the field have been undeniably beneficial to the law enforcement community. Ballistics, the study of dynamics of projectiles, has aided authorities in tracing countless criminals. By maintaining a record of firearm and ammunition types, sources, and characteristics, investigators are given an invaluable tool in collecting information about crimes. The recent advent of DNA testing and analysis allows for incontrovertible identification of individuals. Traces as insubstantial as fingernails, hair, and skin cells can place an individual at the scene of a crime. Police who are equipped with laptop computers can instantly look up the history of a vehicle, including whether it was reported as stolen or owned by an individual with outstanding warrants. Many innovations have indisputably aided criminal investigat ion without causing controversy. However, there have been a multitude of technologies that have incited oversensitive privacy advocates. Centralization of information is one concept that has provoked debate. Large databases can contain information about an entire state or country, which has been done for years in paper form. The distinction is that when information takes electronic form, its location is often indeterminate and the data is prone to corruption or piracy. Given the potential to integrate information about an individual into a single record, there is reason to worry about misuse.

Computer: Related Studies and Definitions Essay

Password is a string of characters used for authenticating a user on a computer system. Biometrics refers to technologies used to detect and recognize human physical characteristics. In the ITworld, biometrics is often synonymous with â€Å"biometric authentication,† a type of security authorization based on biometric input. Employer A legal entity that controls and directs a servant or worker under an express or implied contract of employment and pays (or is obligated to pay) him or her salary or wages in compensation. Payroll Administrator defined as a person in an organization who is charged with the responsibility of ensuring that the employees within the firm are paid accurately and timely. Payroll administrators can either be working on site or outsourced. Transaction Something transacted, especially a business agreement or exchange. Computer Program(Program) a sequence of instructions, stored in any medium, that can be interpreted and executed by a computer; – called most frequently a program. This term is used both for the written program (a document) and for its corresponding electronic version stored or executed on the computer. MSDOS Microsoft Disk Operating System. A computer operating system for personal computers, which has largely been replaced by the more common Windows operating system. MS-DOS (Microsoft Disk Operating System) was the Microsoft-marketed version of the first widely-installed operating system in personal computers. It was  essentially the same operating system that Bill Gates’s young company developed for IBM as Personal Computer Window Based (Windows-based; upper case â€Å"W†) Refers to hardware and software that use Microsoft Windows. 201 file In most organization, commonly use office forms are standardized and numbered. In this case, an office form numbered 201 is classified as the personal data sheet. Hence, a 201 file contains the personal information of an employee. Biometric Attendance & Payroll Systems by Star Catalyst Now a days companies want to focus mainly on their main area of operations, hence automatic attendance systems are the need of the hour for every small as well as big organization. These biometric systems automate the process of attendance & payroll generation and recording. We offer access and attendance system, biometric time attendance systems, fingerprint time attendance systems and many more. Various technologies being used for attendance & payroll are as follows : 1.Proximity based 2.Biometric based – Retina Recognition, hand print recognition, face recognition 3.Fingerprint basedStar CatalystBased at New Delhi, we are offering turnkey solutions in security domain to the corporate and government sector. Timely execution and proper planning are some of the features of our security services and electronic article surveillance system. Our Team Committed to deliver clients services that have high degree of perfection our services comply with the international standards and specifications.  Making use of technologically advanced machinery and in-depth industrial experience, our team of experts has formulated our services in an industry specific manner. We are competent to maintain and create firm and long-lasting relationship with our clients by providing them quality services for which we have set our own quality parameters. Our team  of production experts uses state-of-art technologies finely blended with their acquired specialized knowledge & technical know-how to bring out effective results.

A Summary of “My Trip to Land of Gandhi” Essay Example

A Summary of â€Å"My Trip to Land of Gandhi† Essay Example A Summary of â€Å"My Trip to Land of Gandhi† Essay A Summary of â€Å"My Trip to Land of Gandhi† Essay In â€Å"My trip to the Land of Gandhi† Martin Luther King states we should help India preserve her soul thus help to save our own. India was struggling with several national problems, and according to this article, Martin Luther King is describing India’s issues and reasoning why we should help them. At the first of this article, Martin Luther King states how he made a trip to India, what he felt from land of India, and people of India. Martin Luther King made a trip to India with his wife and his friends by recommendation of Pandit Jawahalal, India’s prime minister, and Chester Bowles, former American ambassador of India. Prior to Martin Luther King and his fellows arriving in India, India Newspaper introduced them to people of India, so they were already famous in India. The people of India recognized Martin Luther King and even they asked for autograph. Martin Luther King recognized India had quite a few problems, which are homeless, food shortage, unemployment, and problem of segregation. Martin Luther King recognized the problem of segregation in India is similar to racism in America, except India called it caste, and America called race. Two nations reacted to this problem differently. India puts moral power behind their law, but America decline to render a moral judgment on segregation. Like this, Martin Luther King shared the ideas of being a people of colony, which are same as being minority, racialism, and imperialism with people of India. Martin Luther King also recognized that Gandhi’s nonviolence campaign was still ongoing in land of India. The spirit of Gandhi was very much alive in India. Gandhi’s influence felt in almost every aspect of life and public policy. Based on Gandhi’s teaching, people of India was running nonviolence campaign to resolve their problems; homeless, food shortage, unemployment, and problem of segregation. Although their efforts were starting to pay off on some areas, it wasn’t enough to overturn one specific issue: the ownership of land. They’ve been running a campaign regarding the reformation of land. Mainly they were persuading big land owners to give up the land and letting farmers to develop it. But their problems were not solved just by reforming the land ownership. India needed outside capital and technical know-how. The main reason Martin Luther King wrote this article was to persuade Americans to help India. He states that India is a tremendous force of peace and nonviolence in both their nationally and world widely. It is a land where the idealists and the intellectuals are yet respected. Martin Luther King believed that for those reason, We, Americans should help India to resolve their problems and it will help us to save our own.

Freedoms Obligations essays

Freedom's Obligations essays For many, the concept of freedom is a mere given, like food or shelter. We reap its benefits without giving much thought; but when it is taken away from us, we come to the realization that while many of us were born and granted an emancipating and intangible gift, this freedom sits upon conditions that we must acknowledge and act on to maintain our rights. Voting is virtually the only obligation the United States government expects from citizens in return for freedom. In the big picture, voting does not seem like an unreasonable request in return for freedom, but a majority of adult citizens do not take even a few minutes to use their freedom for the good of the country. We live in a country, which in its adolescent years, fought long and hard to define itself as a nation based on freedoms. We, as citizens, owe our lives and our servitude to this republic. Yet it seems that the more advanced American society becomes, the further away we wander from the nation our founding fathers once envisioned. With every election we move closer to a unitary form of control in which people have no say in their government. In more than eighty years, the American voter turnout has yet to reach even sixty-five percent. In the year 2000, only fifty-one percent of registered voters took a trip to the polls for the presidential election. What does this tell us? That America is full of lazy bums? Not exactly. This tells us that we, as citizens, dont truly understand the importance of voting. The right to vote is a large part of what makes our society unique. Voting is not just about casting a ballot; it is about maintaining a free society. Voting is a privilege that citizens of the United States tend to take for granted. People of some foreign countries literally die for the right of a political voice; whereas we sometimes shrug it off as a political burden. Also, when we vote for president for e ...

Achieving Food Security in Saudi Arabia with Sustainable Foreign Research Paper - 1

Achieving Food Security in Saudi Arabia with Sustainable Foreign Direct Investment - Research Paper Example Food cannot travel from excess to shortage areas across and within a country due to barriers at the border, poor roads, as well as checkpoints along the way (Heady & Fan, 2010). Without adequate food, grownups struggle to work and children, on the other hand, endeavor to learn, making sustainable financial development tough to attain. The global society normally uses the phrase "food security" to explain not just the availability of food, but also the capability of purchasing food. Food security refers to having a dependable source of food and adequate resources to buy it. A family is regarded to be food-secured when its members do not live in fear of starvation or hunger. Guarantying worldwide food security will only become more complex in the future as the need for food is projected to go up by 50% over the next two decades (Heady & Fan, 2010). Increased demand will come mainly from both income and population growth in middle-income nations. Global food prices augmented considerably in 2007, as well as the 1st and the 2nd quarter of 2008, leading to an international crisis and causing an economical, political and social turmoil in both developed and deprived states (Headey, 2012). Even though, the media limelight focused on the riots, which developed in the face of elevated prices, the 2007-08 global food turmoil has been years in the making. Systemic grounds for the global increases in food prices are still the subject of debate up to now. After reaching a peak point in the second quarter of 2008, prices dropped considerably in the Late-2000s recession, but went up again during 2009-10, reaching another peak point in 2011, which was slightly higher when compared to the level the prices reached in 2008 (Headey, 2012). Nevertheless, a replicate of the 2008 food crisis is not anticipated owing to ample stockpiles. Let us look at some of the causes of food insecurity in order to understand how to deal with this matter. The direct

Are You A Good or A Great Boss Case Study Example | Topics and Well Written Essays - 750 words

Are You A Good or A Great Boss - Case Study Example In order to manage others, bosses should strive to manage themselves because their personality, thoughts and feelings drive your actions, especially how they relate with others that will influence them.   Becoming an effective manager requires not only acquiring good qualities and knowledge but also should undergo difficult personal changes. According to Hill and Lineback (16), the qualities that bosses posses influence others productivity and build trust depending on how well the boss has managed him or herself. Who you are portraying vividly in the way you build relationships with your teamwork; thus, an effective boss should possess the self-awareness and management required to influence their team and do things in the right way. I agree with the fact that a boss should have self-management because those who become bosses should learn to view themselves and their work differently. Meanwhile, they should develop qualities, deeper self-awareness and ability to exercise wise judgme nt in the way they delegate duties. Hill and Lineback (17) indicate that managing network is the significant issue that managers should focus on. In order to manage the people who are responsible to you, managers should manage the context in which these people dwell. The bosses should comprehend the political environment and develop ways in which to build a network with others by setting the right expectations for your people and utilize the right resources. To become an effective boss, one should strive to operate effectively in a political environment because the political environment meets the teamwork request and promote the competitiveness. The political environment provides the division of labour among the people in which it creates different teams with disparate and even conflicting priorities and goals. Meanwhile, it offers interdependence to the teamwork in that none of these teams can meet their responsibilities without informing their other team. To manage the network, bosses should be capable to create a co mpetitive environment where the teamwork should utilize the scarce resources to meet and improve the performance of the organization.  Ã‚