Wednesday, November 27, 2019
Disuniting of America essays
Disuniting of America essays In the book The Disuniting of America author Arthur M. Schlesinger Jr. talks about the shift between the traditional focus the melting pot to the multicultural society that dominates public awareness today. He looks at the history of the United Sates and finds that early Americans came here to escape their roots and create a new race. Schlesinger talks about how history is the weapon that Multiculturalists used to convince the children of the public school system of their point of view. He mentions how history has purposely been changed to erase the black marks of the past from the history books. He also speaks of how the decomposition of America has been taking place, through multiculturalism, political correctness, and racial separatism. Schlesinger covers many aspects of the long history of immigration to the United States. Many sought freedom and opportunity, while others like slaves were to America against their will. Although there were various hardships facing the new race, it was the commitment of all the races to democracy and self government that continued over the different languages, religions, and systems of beliefs. Great Britain had a profound influence on the thirteen original colonies. It set forth the British language, laws, institutions, political ideas, literature and customs and gave America an Anglo centric Flavor.(Schlesiger 8) For better or worse, the White Anglo Saxon Protestant tradition was for two centuries, and in crucial aspects still is, the dominant influence on American society.(Schlesinger 8) Immigrants that came to America had to face these ideas and were expected to follow them because it would be the matrix on how they would be assimilated",(Schlesiger 8) and that is how they woul d become part of a new race of Americans. Schlesinger is very critical of historians that sacrifice the facts, in hopes of a more po...
Saturday, November 23, 2019
How to Find Stories to Cover in Your Hometown
How to Find Stories to Cover in Your Hometown Are you looking for newsworthy stories to cover but donââ¬â¢t know where to start? Here are some places you can dig up ideas for news articles worth writing about right in your own hometown. Once youââ¬â¢re written your article, see if you can get it published in the local community paper, or put it on your blog. The Police Precinct If you want to cover the local crime beat, visit your local police precinct or station house (itââ¬â¢s good to call ahead first.) If youââ¬â¢re in a small town, get to know the police chief, detective and beat cops if you can. Ask them about any interesting cases or crimes theyââ¬â¢ve handled recently, or ask to see the arrest log for a day-by-day listing of incidents. The Courthouse The local courthouse can be a treasure trove of stories. Your local district court will typically be where less-serious cases are dealt with ââ¬â everything from traffic tickets to misdemeanor offenses ââ¬â while a superior courthouse will be where felony trials are held. Check with the court clerkââ¬â¢s office to see what cases are due to be heard on any given day. Town Hall The city council, county commission, town board or village committee ââ¬â whatever you call it, local government can be a rich source of stories for any reporter. Start by finding the website for your local town government. It will probably list times and even agendas for upcoming meetings. See what issues are being discussed, do some background research, then head to the meeting, pen and notebook in hand. The School Board School board meetings can also produce great stories. Again, school districts typically have websites that list school board meeting times and agendas. Such sites will probably list the members of the school board along with contact information, which can be useful for doing pre-meeting research or for doing interviews after the meeting. High School Sports Events Aspiring sportswriters need to look no further than their local high schools for games to cover. Many top sportswriters ââ¬â those who cover the NFL, NBA, and MKB ââ¬â got their start covering high school football, basketball and baseball games, among other sports. Check your high schoolââ¬â¢s website for schedules. Community Centers and Local Libraries Places like these often have bulletin boards listing upcoming events in your area. Such facilities also often host events like lectures from visiting speakers or authors or community forums. Art Galleries and Performing Arts Venues Is there a new exhibit by an up-and-coming artist at your local gallery? Review the exhibit or interview the artist. Is a community theater group performing a new play? Again, write a review or interview the actors or director. Local Colleges Colleges and universities typically host to a wide range of lectures, concerts, and forums that are often free and open to the public. Check the collegeââ¬â¢s website for listings of such events. Businesses Want to become a business writer? Interview local merchants for their thoughts on the state of the economy. Are their businesses thriving or struggling? Are new shops opening up or closing down on your local Main Street?
Thursday, November 21, 2019
Article critique Example | Topics and Well Written Essays - 500 words - 5
Critique - Article Example The aim of this article is to highlight how the endoscopic method can help in identification and treatment of sub-gingival calculus. Although the endoscopic technique is viewed as an efficient device in periodontal disease, it has some shortcomings that cannot be ignored. For example, the results of Michaud et al. showed that the endoscope does not give any benefit in root planning and scaling procedures in tooth rootedness (Osborn et al., 2014). The technology of periodontal endoscopic has provided a solution to various problems associated with ordinary detection of calculus, and gives an option in the clinical setting. The technology enables the sub-gingival video image to be exhibited on a proximate detector. As stated by Osborn et al. (2014), the image can be magnified 24x to 48x their real size, relying on the position of the lens and the object under observation (p.230). The article demonstrates how the device can be used for a clear view of sub-gingival calculus. The research was a clinical experiment. It was conducted to compare results of periodontal with and without the help of periscope in patients with periodontitis sites. The statistics were analyzed in a descriptive way of standard and mean deviation. The results were scrutinized to permit differentiation of 11-12 ODU explorer calculus and periscope. The level of calculus was examined utilizing the Endoscopic Calculus Index that was developed by Checchi et al. (p.231). In order to preserve the similarity in calculus indices, the tactile calculus detection using 11-12ODU explorer, employed a revised version of the index. The patients were given two appointments; six and eight-week re-evaluation sessions. The findings proved that the periscope detected many sites that could not be revealed by the explorer. The results of endoscopic revealed a decrease in surface area of the calculus compared to tactile explorer alone. Moreover, the endoscope made it easier
Tuesday, November 19, 2019
Ottomans Term Paper Example | Topics and Well Written Essays - 750 words
Ottomans - Term Paper Example The writer tries to indicate that the Sultan was a ruthless ruler who instilled fear among his people. This is also clear when the Ottomans are capturing cities. The writing also portrays the Sultan as a greedy person who is never contented with what he has. He did not consider what he has as being of value and always went for things that he did not have and this is the reason as to why the Ottomans conquered many cities.2 This is also the case for those involved in the wars. According to the kritovoulos bisbecq readings, they had their own ambitions of securing more riches or pleasing the Sultan so that they can get favors from him. Kritovoulos was also able to portray the victorious Ottomans in a negative light as being merciless. When they entered the city, great slaughter occurred not only among the soldiers but also for those who were running away from the war (à §237). After the slaughter, survivors were taken into slavery. They robbed peopleââ¬â¢s homes and churches, plundered, and insulted people. Every person was taken into slavery without any mercy, this included men, children, and women, the young and the old, people from every class, monks, and priests.3 Ottomans are also seen as a dictatorial community where peopleââ¬â¢s opinions are not taken into consideration. When the Sultan indicates that he wants a war in order to gain more territories, those who are against the idea because of the misfortunes that come with it cannot object. They are too afraid because of the zeal and the insistence of the Sultan, and thus, end up sanctioning the war. The critisms in the reading are more subtle. The writer has praised the Sultan and the Ottomans in the writing but in the process has been able to criticize their actions. For example, he praises their strength to conquer cities but in the process brings out their ruthless actions. Even though Kritovoulos and de Busbecq have presented the ottomans in the dark light, they have
Sunday, November 17, 2019
Eva Smith letter Essay Example for Free
Eva Smith letter Essay My life is unbearable and torn apart, in his letter I shall leave explanations for you to discover. Once I had feelings and ambitions, all are now destroyed. Why me? I had everything going for me once, I used to look forward to the future and seize every chance. Where am I destined for now? This evil world is not fit to bring a child into. I wish I could rely on someone; at least I can rely on a bottle of disinfectant to end my existence. What you are about to read is what has driven me to suicide. My social superiors have wrecked my life. I came from the country, a girl with so much hope and aspirations but now I wish I had never set my eyes on a place called Brumley.Ã I worked at a factory owned by Mr.Birling, a fat arrogant cruel man. I lost my job because we, the workers, asked for a raise. The few extra shillings we wanted could have easily been afforded but he was too cold and greedy to give us better wages. I was one the leaders of a strike in September 1910, the strike failed, as we could not afford to stay out of work. The man was so horrible to me; the day that he called me up to his office to tell me that I was fired he told me something that still haunts me. As I was leaving his office he stopped me at the door and said oh Eva, you were about to be promoted, what a mess you have made of that. I now had the reputation of a troublemaker but I was really a hard working popular worker. I was in for two hard months, unemployed and black listed. It was almost impossible to find a job. In those two months I became extremely depressed and very scared of the future. Penniless, I borrowed money from friends and ate other peoples food. I couldnt believe what had happened to me. I had a stroke of luck when I got a job at Milwards, an expensive clothes shop. I had a wonderful time there; I met new people and worked hard. As you will see in this story and I quickly learned, good things dont last! On one fateful day in January 1911, Shelia Birling came into the shop. She took the anger she had against her mother out on me because I looked good in a dress and she didnt; also I think she saw me smile to another worker and mistook it as me laughing at her. She accused me of impertinence and she started to shout at me. She used her family name to get me the sack. She picked on someone who could not fight back; she knew that she was more important to Milwards than I was. Why does it have to be me living the bad conditions? At least she has a family. Why is life unfair? Again I was out of work, penniless and desperate. I wish that I could support myself. Unfortunely the only work I could get was prostitution. It was become a prostitute or starve. I am the type of person who aspires to be something not a prostitute. Unfortunately extreme times lead people to extreme measures. I had no choice.Ã I was at the Palace Bar, the place I used to pick up men, Joe Meggerty, an awful man who chased prostitutes, was manhandling me. A good looking, gentleman named Gerald Croft rescued me. Gerald was nice too me. He made me his mistress; it was an affair because I knew he had someone else. I loved him but he was just using me for sex. At least I lived in total luxury for six months. He ended it in September 1911, I was an inconvenience. I was absolutely heart broken. I felt so used and abandoned. He gave me money to help me for a while; Gerald was the type of man who thought money solved everything. I enjoyed the affair so much that I went off to the seaside and pretended that the affair was still on. I had been expecting it to end any way, as he did not have the same feeling I had for him. Good things never last for me. I lived on the money he gave me until November 1911. It was then back to being a prostitute, back to the Palace Bar, back to that hellish dreadful lifestyle it was so difficult because I had been away from it for so long. I wish I had never set eyes on Eric Birling. He is the son Arthur Birling. He is a bit shy but that certainly changes when he has alcohol in him. I ended up getting drunk with him. We went home together, I then told him not to come in but he threatened to cause a row. I let him in and he forced me to have sex with him; he raped me. We met often after that. Our relationship was just pleasure, he kept me for sex, we had no feelings for each other. I worked as a prostitute for Eric; it was better, I suppose, than having to work for the likes of Joe Meggerty, as Eric was a young man. I found out, to my horror, that because of Eric raping me I was pregnant with his child. I was so scared when I found out that I was having a child, I fell into a world of despair unable to escape. Where would the money come from to feed the child? I was beginning to really worry about the future. I was stuck, no one would feel sorry for a prostitute, people would think that I had got what I deserved. I was even more frightened when I found out that the money Eric gave me was stolen. I couldnt take the money anymore, as I am a truthful and honest person. I didnt see Eric again after that. I dont hate Eric for what he did; I just think that he should learn that there are more things to life than drinking. I was frightened and alone, my only choice was to beg for money from the Brumely Womens Charity Organization. The chairperson was Sybil Birling, wife of Arthur Birling, a cold-hearted woman. She refused me help because she didnt like me. I told her that my name was Mrs. Birling, I thought I should have the right to that name but she thought that I was being rude towards her. Perhaps she did not want the name Birling being brought into disrepute. She took me to a back room and I explained to her that the father of the child was giving me money but the money was stolen and I couldnt take it anymore. She said that some one as low as me would not have airs and graces like that; she thought that poor people did not have feelings and morals, that we were animals. I deserved that bit of help she could have given me, especially as it would have supported her grandchild. There is now nothing I can do; Im the lowest of the low. I have gone without food for days. Why did they have to reject my plea for help? How can Mrs. Birling be so cold hearted? Why do I have I to live this worthless existence, trapped in misfortune? I am now in total despair.Ã I have found out that this world is cruel and unfair. This town, this world is not the type of place that I would like to bring a child up in. I must end this for both of us. I am a victim of others lack of morals. I know Ill go to heaven because I have served my time in hell.
Friday, November 15, 2019
Outsourcing to India: Is the United States benefiting from it? Essay ex
Outsourcing to India: Is the United States benefiting from it? I. Introduction ââ¬Å"Did you hear the news? No, what happened? We are shipping all of the IT jobs to India â⬠¦Ã¢â¬ Water cooler conversations are beginning to sound more and more like this. Outsourcing of jobs has become a major concern for employees at large corporations (technical or financial). The economic drought that the United States faced in 2000 to late 2001 led to numerous cost-cutting measures, but none more effective than that of outsourcing. The outsourcing of jobs is now a necessity in the United States, so companies are forced to send jobs to places such as India to keep costs down, all the while trying to balance the advantages and disadvantages of the move. II. Background In order to thoroughly grasp the significance of outsourcing to India, it is important to review the basics of outsourcing. Outsourcing is formally defined as the procuring of services or products, such as parts or labor, from an outside supplier/manufacturer in order to cut costs. In more simple terms, using services (usually labor) that cost less. There are five important questions when dealing with outsourcing: who, what, when, where and why[1]. Why you should outsource will be addressed later on, so this section will focus on answering the other questions. Who should outsource? If you can remotely benefit from outsourcing, then you should do it. This includes entrepreneurs, home offices and small businesses all the way up to large corporations. At the current pace that technology is evolving, costs need to be kept down in order to provide the maximum advantage to a company. What should be outsourced? Currently, it only makes sense to outsource items th... ..., < http://www.outsource2india.com/ >. [3] Sara Baase, A Gift of Fire (New Jersey: Prentice Hall, 2003), 405. [4] Sara Baase, A Gift of Fire (New Jersey: Prentice Hall, 2003), 406. [5] Sara Baase, A Gift of Fire (New Jersey: Prentice Hall, 2003), 406. [6] Sara Baase, A Gift of Fire (New Jersey: Prentice Hall, 2003), 407. [7] Daniel Pink, The New Face of the Silicon Age, 2004, Wired Magazine, 28 May 2004, < http://www.wired.com/wired/archive/12.02/india_pr.html >. [8] Outsource2India, Various Articles, 2003, 26 May 2004, < http://www.outsource2india.com/ >. [9] Christopher Koch, Backlash, 2003, 27 May 2004, < http://www.cio.com/archive/090103/backlash.html >. [10] David Gumpert, U.S. Programmer at Overseas Salaries, 2003, Business Week, 27 May 2004, < http://www.businessweek.com/smallbiz/content/dec2003/sb2003122_8887.htm >.
Tuesday, November 12, 2019
Introduction To Financial Management
Define the terms finance and financial management, and identify the major sub-areas of finance. Finance is the study of applying specific value to things individuals own to include services used and decisions determined [Finance by Cornett, M. M., Adair, T. A., & Nofsinger J. (2014). M: Finance (2nd ed.)]. In simple words, finance is how much value is attributable to goods and services and the basis of such attribution. Financial management may be defined as the management of the finances of a business or an organization in order to achieve the financial objectives. It includes creation, effective utilization of funds to ensure the smooth functioning of the business. It encompasses planning, administration and controlling. The various sub areas of finance are:1.Investments ââ¬â deals with deciding on what kinds of securities/bonds the company can buy.2.Financial management ââ¬â management of finances to ensure that the financial objectives are reached 3.Financial institutions and markets ââ¬â these two sub areas facilitate the raising of capital funds by the company.ââ¬Å"What are the three basic forms of business ownership? What are the advantages and disadvantages to eachâ⬠(Cornett, Adair, &Nofsinger, 2014, p. 21)? The three basic forms of business ownership are sole proprietorship, partnership and corporation. A sole proprietorship is where the business is run by a single person. The advantages of this form of ownership are as follows: â⬠¢This is the easiest form of business to startâ⬠¢This is affected least by regulations â⬠¢There is no question of share of profits. The owner gets to retain the full share â⬠¢The profits are taxed only once as business income. The disadvantages of this form of ownership is as follows:â⬠¢The life of the company is limited to the life of the owner. There will be no continuity once the owner dies. â⬠¢The capital invested in the business is limited to the resources available with the ow ner. The scope of raising external finance is limited â⬠¢The owner undertakes the entire risk of the businessâ⬠¢The liability of the owner is unlimited and may extend to his personal assets also A partnership is that form of business ownership where more than one person work together based on an agreement to share the profits and losses.The advantages are as follows: â⬠¢More than one owner is there in business and hence the risk is shared â⬠¢Each partner will contribute capital and hence more capital will be available â⬠¢This is also relatively easier to start compared to a corporation â⬠¢The income from this type of ownership is taxed once as personal income The disadvantages of a partnership is as follows:â⬠¢The profits are shared between the partners. Hence, when compared to a sole proprietorship there is lesser profits â⬠¢Generally, the liability of the partners is unlimited (except in the case of a limited liability) â⬠¢ It is difficult to tr ansfer ownershipA corporation is a separate legal entity whose transactions and conduct of the business is separate from its owners. Corporations can borrow money, sue and be sued in its own name. The advantages of a corporation are as follows: â⬠¢The liability is limited to the amount paid on stock by the investor â⬠¢The corporation has an unlimited lifeâ⬠¢There is separation of ownership and management as the corporation is a separate legal entity â⬠¢Transfer of ownership is easy â⬠¢As a corporation, it is easier to raise capital from equity and debt marketThe disadvantages are:â⬠¢The agency problem arises as there is separation of management and ownership â⬠¢There is double taxation ââ¬â the business income is taxed in the hands of the corporate and the dividends is taxed in the hands of the shareholders as dividend incomeDefine the terms agency relationship and agency problem, and list the three approaches to minimize the conflict of interest resu lting from the agency problem. An agency relationship is where a principal hires another person (called an agent) to carry out the work of the principal in a fiduciary capacity. In case of a corporation, the board of directors who constituteà the top management are the agents elected by the principals (stockholders) to carry on the business. An agency problem is where there is a conflict between the agent and principal in terms of functioning and in terms of interest. There are many ways to minimize the conflict of interest. However the three most important are as follows:1.Ignore the challenge on hand:This is the least preferred way of resolving the problem. The stakeholders may resolve to ignore the problem on hand. The disadvantage is that the problem continues to remain a problem and is never solved. In this case, the problem may go out of control. 2.Monitor managerââ¬â¢s action:The shareholders may monitor the managementââ¬â¢s action closely to ensure that the situation is not going out of control. 3.Make managerââ¬â¢s take ownershipBy giving the managers a portion in the capital of the company in the form of say ESOP, the manager will also have a moral responsibility imposed on him to make decisions and act in the best interests of the company.ââ¬Å"Why is ethical behavior so important in the field of financeâ⬠(Cornett, Adair, &Nofsinger, 2014, p. 21)? A corporation is a type of ownership where the management is separated from the ownership. The shareholders are the owners who have invested their money in the form of equity capital. It is the managementââ¬â¢s responsibility to spend the money judiciously. Since the management is handling other peopleââ¬â¢s money, ethical behavior plays a very important role in the field of finance. Some of the many famous financial scandals are: (accounting-degree, 2013) â⬠¢Waste management scandal: This is a Houston based company which reported $1.7 billion fake earnings.â⬠¢Enron: This wa s a Houston based commodities, energy and service corporation where the shareholders lost $74 billion dollars. â⬠¢Worldcom scandal: A telecommunications company inflated the assets by as much as $11 billion. â⬠¢Tyco: New Jersey based swiss security company where the CEO and CFO stole $150 million and inflated company income by $500 million â⬠¢Satyam scandal: Indian IT services company falsely boosted revenue by $1.5 billion ââ¬Å"Does the goal of shareholder wealth maximization conflict with behaving ethically? Explainâ⬠(Cornett, Adair, &Nofsinger, 2014, p. 21). The most important goal of management is to ensure that there is maximization of shareholderââ¬â¢sà wealth. This means that over a long period of time, the value of the stock has to increase steadily so as to ensure maximum profits to the shareholders. However, there is always a question on whether the maximization goal conflicts with ethics.While the goal of wealth maximization is very important, it should not be done in an unethical way. The affairs of the company has to be conducted in such a way that it adheres to all government regulations, accounting principles and ethical standards. Examples of unethical ways to increase the wealth is window dressing, violating regulations, etc. All these cannot be cited as an excuse to ensure that the goal of maximization is reached. Introduction To Financial Management Define the terms finance and financial management, and identify the major sub-areas of finance. Finance is the study of applying specific value to things individuals own to include services used and decisions determined [Finance by Cornett, M. M., Adair, T. A., & Nofsinger J. (2014). M: Finance (2nd ed.)]. In simple words, finance is how much value is attributable to goods and services and the basis of such attribution. Financial management may be defined as the management of the finances of a business or an organization in order to achieve the financial objectives. It includes creation, effective utilization of funds to ensure the smooth functioning of the business. It encompasses planning, administration and controlling. The various sub areas of finance are:1.Investments ââ¬â deals with deciding on what kinds of securities/bonds the company can buy. 2.Financial management ââ¬â management of finances to ensure that the financial objectives are reached 3.Financial institution s and markets ââ¬â these two sub areas facilitate the raising of capital funds by the company.ââ¬Å"What are the three basic forms of business ownership? What are the advantages and disadvantages to eachâ⬠(Cornett, Adair, &Nofsinger, 2014, p. 21)? The three basic forms of business ownership are sole proprietorship, partnership and corporation. A sole proprietorship is where the business is run by a single person. The advantages of this form of ownership are as follows:â⬠¢This is the easiest form of business to start â⬠¢This is affected least by regulations â⬠¢There is no question of share of profits. The owner gets to retain the full share â⬠¢The profits are taxed only once as business income. The disadvantages of this form of ownership is as follows: â⬠¢The life of the company is limited to the life of the owner. There will be no continuity once the owner dies. â⬠¢The capital invested in the business is limited to the resources available with the owner. The scope of raising external finance is limited â⬠¢The owner undertakes the entire risk of the businessâ⬠¢The liability of the owner is unlimited and may extend to his personal assets also A partnership is that form of business ownership where more than one person work together based on an agreement to share the profits and losses. The advantages are as follows: â⬠¢More than one owner is there in business and hence the risk is shared â⬠¢Each partner will contribute capital and hence more capital will be available â⬠¢This is also relatively easier to start compared to a corporation â⬠¢The income from this type of ownership is taxed once as personal income The disadvantages of a partnership is as follows:â⬠¢The profits are shared between the partners. Hence, when compared to a sole proprietorship there is lesser profits â⬠¢Generally, the liability of the partners is unlimited (except in the case of a limited liability) â⬠¢ It is difficult to transfer ownershipA corporation is a separate legal entity whose transactions and conduct of the business is separate from its owners. Corporations can borrow money, sue and be sued in its own name. The advantages of a corporation are as follows: â⬠¢The liability is limited to the amount paid on stock by the investor â⬠¢The corporation has an unlimited lifeâ⬠¢There is separation of ownership and management as the corporation is a separate legal entity â⬠¢Transfer of ownership is easy â⬠¢As a corporation, it is easier to raise capital from equity and debt market The disadvantages are: â⬠¢The agency problem arises as there is separation of management and ownership â⬠¢There is double taxation ââ¬â the business income is taxed in the hands of the corporate and the dividends is taxed in the hands of the shareholders as dividend incomeDefine the terms agency relationship and agency problem, and list the three approaches to minimize the conflict of interest resulting from the agency problem. An agency relationship is where a principal hires another person (called an agent) to carry out the work of the principal in a fiduciary capacity.In case of a corporation, the board of directors who constituteà the top management are the agents elected by the principals (stockholders) to carry on the business. An agency problem is where there is a conflict between the agent and principal in terms of functioning and in terms of interest. There are many ways to minimize the conflict of interest. However the three most important are as follows: 1.Ignore the challenge on hand:This is the least preferred way of resolving the problem. The stakeholders may resolve to ignore the problem on hand. The disadvantage is that the problem continues to remain a problem and is never solved. In this case, the problem may go out of control. 2.Monitor managerââ¬â¢s action:The shareholders may monitor the managementââ¬â¢s action closely to ensure that the situ ation is not going out of control. 3.Make managerââ¬â¢s take ownershipBy giving the managers a portion in the capital of the company in the form of say ESOP, the manager will also have a moral responsibility imposed on him to make decisions and act in the best interests of the company.ââ¬Å"Why is ethical behavior so important in the field of financeâ⬠(Cornett, Adair, &Nofsinger, 2014, p. 21)? A corporation is a type of ownership where the management is separated from the ownership. The shareholders are the owners who have invested their money in the form of equity capital. It is the managementââ¬â¢s responsibility to spend the money judiciously. Since the management is handling other peopleââ¬â¢s money, ethical behavior plays a very important role in the field of finance. Some of the many famous financial scandals are: (accounting-degree, 2013) â⬠¢Waste management scandal:This is a Houston based company which reported $1.7 billion fake earnings. â⬠¢Enron: Th is was a Houston based commodities, energy and service corporation where the shareholders lost $74 billion dollars. â⬠¢Worldcom scandal: A telecommunications company inflated the assets by as much as $11 billion. â⬠¢Tyco: New Jersey based swiss security company where the CEO and CFO stole $150 million and inflated company income by $500 million â⬠¢Satyam scandal: Indian IT services company falsely boosted revenue by $1.5 billion ââ¬Å"Does the goal of shareholder wealth maximization conflict with behaving ethically? Explainâ⬠(Cornett, Adair, &Nofsinger, 2014, p. 21). The most important goal of management is to ensure that there is maximization of shareholderââ¬â¢sà wealth.This means that over a long period of time, the value of the stock has to increase steadily so as to ensure maximum profits to the shareholders. However, there is always a question on whether the maximization goal conflicts with ethics. While the goal of wealth maximization is very important , it should not be done in an unethical way. The affairs of the company has to be conducted in such a way that it adheres to all government regulations, accounting principles and ethical standards. Examples of unethical ways to increase the wealth is window dressing, violating regulations, etc. All these cannot be cited as an excuse to ensure that the goal of maximization is reached.
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