...me, for I am here to destroy your last excuse for procrastinating. You couldn’t start your essay being too busy looking for a perfect argumentative essay topic, right? Now you can find all you need in the list below. 80 really good persuasive essay topics are waiting for you a few lines below. Don’t check them if you’d rather continue hopeless browsing and complaining. Gender roles Men shouldn’t open doors to women not to hurt feminists’ feelings. Male pregnancy Further research on male pregnancy should be sponsored. Plastic surgery Actors should be prohibited to have plastic surgeries. Abstinence programs Abstinence programs in schools are ineffective. Civil unions Civil unions should be granted the same rights as married couples if they live together for 3 years. Smoking Smokers are more open than non-smokers. Humor Humor is the best stress coping strategy. Dorm All freshmen should live in the dorm to understand what college life really is. Facebook Students shouldn’t add teachers as friends on Facebook. Extracurriculars Extracurricular activities should be made obligatory. Junk food Skipping meals is better than eating junk food. Bullying Bullies can stimulate other students’ self development. Business Office dress code can boost employees’ performance. Bankruptcy The top reason for bankruptcy is poor leadership. Chinese Chinese should be made a new language for international communication. Globalization The inter-governmental unions do more...
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...explores the inter- workings of both for-profit firms and not-forprofit firms and is an area requiring business students to evaluate ethical issues when making decisions. Despite the broad responsibility of teaching corporate governance in the finance classroom, the pedagogy of finance has been restricted to ideas derived primarily from economics, statistics, and finance. Competing ideas from other disciplines are generally unwelcome and/or are treated with skepticism. Even the ideas of some researchers from the fields of economics and finance such as Hart (1995) and Tirole (2001) who promote alternate solutions to corporate governance beyond agency theory are ignored or overlooked. As a result, business ethics and corporate governance topics often are introduced in apro forma, compulsory fashion that may...
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...value is the sum of the old value plus the new. C. Managers can make correct corporate decisions that will satisfy all shareholders if they select projects that maximize value. D. The determination of value must consider the timing and risk of the cash flows. E. None of the above. Difficulty level: Medium Topic: Mm Proposition I 2. Financial leverage impacts the performance of the firm by: A. increasing the volatility of the firm's EBIT. B. decreasing the volatility of the firm's EBIT. C. decreasing the volatility of the firm's net income. *D. increasing the volatility of the firm's net income E. None of the above. Difficulty level: Medium Topic: Financial Leverage Difficulty level: Medium Topic: Mm Proposition I 3. The change in firm value in the presence of corporate taxes only is: A. positive as equity holders face a lower effective tax rate. *B. negative as equity holders gain the tax shield on the debt interest. C. negative because of the increased risk of default and fewer shares outstanding. D. negative because of a reduction of equity outstanding. E. None of the above. Difficulty level: Medium Topic: Firm Variation with Corporate Taxes 4. Bryan invested in Bryco, Inc. stock when the firm was financed solely with equity. The firm is now utilizing debt in its capital structure. To unlever his position, Bryan needs to: A. borrow some money and purchase additional shares of Bryco stock. *B. sell some shares...
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...contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] | Contents Executive Summary – Page 3 Introduction – Page 4 – 5 Critical Literature Review – Page 6 – 7 Methodology – Page 8 – 9 Data Analysis – Page 10 – 11 Conclusion – Page 11 Bibliography – Page 12 Appendices – Page 13 - 13 Executive Summary The aim of this report is to discover whether General Motors have improved since their bankruptcy in June 2009 and how? With the aid of primary research appearing in the form of questionnaires and secondary research deriving from articles and other various published documents which discuss the topic of General Motors and their bankruptcy. The result of the research finds us with the findings that General Motors have not only upheld their infamous reputation which they once possessed but they also have increased it by recording their highest profits in their history three years after filing for bankruptcy. Overall this led to the conclusion that it was the transformation of management which assisted General Motors on their route back to the glory days of the company – ‘As late as the 1990s, it was the leading company in the US light vehicle market’ (Maction, 2013) Introduction General Motors, commonly known as GM is an American based multinational automotive corporation within the city of Detroit, Michigan. Now for a company to be described as the leading company in the US light vehicle...
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...still unable to get a job. Alan Collinge, Neal McCluskey, and Andrew Ross have all weighed in on the topic, but none of them has offered real, practical solutions that can assuage the burden that many students and families face. Tackling student debt will require multiple policy interventions, but it is imperative that action is taken. According to Collinge, the primary reason for exorbitant student debt is the removal of bankruptcy protections on student loans, which are no longer dischargeable since changes in bankruptcy law in 1998 and 2005 (federal student loans first underwent the change and private loans followed suit). Likewise, many unethical lenders have profited from defaults even as the nation as a whole has approximately $1 trillion in student debt. Collinge suggests the solution is to reinstitute dischargeable student loans so that students can be “freed” from their education debt if they become bankrupt. The problem with his suggestion is that does not actually solve the student debt problem but provides a way out once the situation is completely out of control and cannot be resolved in any other way. He also fails to mention that bankruptcy can significantly lower an individual’s credit score and make it more difficult to find employment—in addition to many other negative effects. gone into bankruptcy, but she will have to deal with new long-term challenges. An alternative solution would be to set...
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...Knorr, A., & Arndt, A. (2003). Swissair’s Collapse - an Economic Analysis. Materialien des Wissenschafts schwerpunktes: Globalisierung der Weltwirtschaft, Bd. 28, September 2003. Bremen This article discusses the failure of Swissair by analyzing the financials of the company prior to the year 2001 when the company became grounded. It begins by giving the company’s profile and its history from establishment in 1931. The paper highlights the company’s successes and gives a table that shows the gradual increase in the number of fleet, employees, revenue, cities served, and the break-even load factor from 1931 to 2000. The paper goes ahead to explain the reasons why the company failed to consider the alliance strategy that was commonly used by similar companies as well as elaborating other principal causes of failure such as government interference and uncritical media coverage, A five year financial review of the company is provided beginning 1996 to the year 2000 showing how the operating revenue increased while the EBIT and profits decreased and finally led to losses. Mileski, J., & Nwabueze, U. (2008). The Challenge of effective governance: a case study of Swissair. Journal of Corporate Governance, 8, 5, 583-594 This article begins by giving a brief history of Swissair Company making note of its initial successes and good management practices. It then explores the best managerial practices that are crucial for the success of any business, laying emphasis on the precepts...
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...Credit Cards, Excess Debt, and the Time Value of Money: The Parable of the Debt Banana Timothy Falcon Crack and Helen Roberts University of Otago, New Zealand The parable of the debt banana is an analogy between the accumulation of excess personal debt and the accumulation of excess body weight. We created this parable to grab student attention and to then serve as a springboard for discussion of personal debt, time value of money mathematics, the mechanics of credit cards, personal bankruptcy, moral hazard, ethics, and credit card reform. A follow-up survey in a large class (453 students; 84% response rate) showed that 92% of students seeing the parable alongside the underlying finance principles said that it grabbed their attention more than if the underlying finance principles alone were presented, and 87% of students said it made an impression upon them that will make them more careful in their future credit card spending habits. We provide worked examples of credit card use as well as a spreadsheet that lets readers explore these examples and perform sensitivity analysis. INTRODUCTION The parable of the debt banana is an analogy between the accumulation of excess personal debt and the accumulation of excess body weight. We created and presented our parable in a compulsory Finance 101 course taken by all business majors. Most students had little or no exposure to the world of finance and many had poor mathematical skills. Both their lack of financial...
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...In 1958, Franco Modigliani and Merton Miller revolutionized the whole area of corporate finance with their article “The cost of capital, corporate finance and the theory of investment”. Before Modigliani’s and Miller’s article, literature on the topic mainly focused on descriptions of methods and institutions. Theoretical analysis was very rare (Pagano 2008). Under the assumption of perfect capital markets, the Modigliani-Miller Proposition I states that “the average cost of capital to any firm is completely independent of its capital structure and is equal the capitalization rate of a pure equity stream of its class” (Modigliani, Miller 1958). In Proposition II, Modigliani and Miller argue that “that the expected yield of a share of stock is equal to the appropriate capitalization rate for a pure equity stream in the class, plus a premium related to financial risk equal to the debt-equity ratio times the spread between” the capitalization rate and the return on debt. The most important implication of this theory is that if there is an optimal capital structure for a firm, this has to be the result of market imperfections. The Modigliani-Miller Theorem has thus become a starting point for further research and a benchmark for testing new theories on capital structure, that incorporate the impact of different market imperfections. The following text will focus on two of these theories, the static trade-off theory and the pecking order theory. The first part will contain a description...
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...Proposal for Research On Capital Structure Determinants of the Pharmaceutical Companies in Bangladesh: A study in Incepta pharmaceutical Company Limited. Mirpur Cantonment, Dhaka-1216 Proposal for Research On Capital Structure Determinants of the Pharmaceutical Companies in Bangladesh: A study in Incepta pharmaceutical Company Limited. Prepared for Md. Sawkat Ali Lieutenant Colonel Internship Supervisor Faculty of Business Studies Prepared by |Ronald Halder | |ID – M 0910013 | |M.B.A 10th batch | Mirpur Cantonment, Dhaka-1216 September 19, 2010 December 19, 2010 Md. Sawkat Ali Lieutenant Colonel Internship Supervisor Faculty of Business Studies Bangladesh University of Professionals Mirpur Cantonment, Dhaka-1216. Dear Sir: Subject: Submission of Proposal for research on “Capital Structure Determinants of the Pharmaceutical Companies in Bangladesh: A study in Incepta pharmaceutical Company Limited”. Here I developed a proposal on “Capital Structure Determinants of the Pharmaceutical Companies in Bangladesh: A study in Incepta pharmaceutical Company Limited”. The proposal will focus on the steps of research through several variables. The main findings of the research will be to find out the determinants of capital structure and find the most vital one through statistical analysis and interpretation. I highly appreciate you for creating such opportunity...
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...and most of the financial terms like balance sheet, shareholder’s equity, EBITDA, EBITDAM, financial ethics, financial benchmarking I am very familiar with. I must admit that understanding financial ratio analysis I found somehow difficult, this is why I decided to concentrate on this topic. Summary of Articles The first article that I read is called “Financial Ratios, Discriminant Analysis and the Predictions of Corporate Bankruptcy” by Edward I. Altman, published 1968 in the Journal of Finance. The article says that academicians are seeking to eliminate ratio analysis as an analytical technique in assessing the performance of a business. According to the article theorists are attacking the relevance of ratio analysis. The article explores the possibility of whether the gap between traditional ratio analysis and more rigorous statistical techniques can be bridged. According to the article the traditional ratio analysis is no longer an important analytical technique in the academic environment because of the unsophisticated manner in which it has been presented. The research combined financial ratios with discriminate analysis, applying this to the problem of corporate bankruptcy prediction. The article concludes that if the ratios are analyzed within a multivariate framework they take on greater statistical significance than ratio comparisons...
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...Ford Motor Company Billie Warren OMM 692: Organizational Management Strategy Adrienne Osborne January 14, 2013 Executive Summary- Ford Motor Company (Ford) has been a leader in the auto industry, however, over the past few decades has continued to lose market share to foreign competition. The current weak United States economy combined with rising fuel prices and increased political pressures regarding global warming, presents several challenges to Ford and the entire auto industry. These current challenges provide exciting opportunities for the auto company who must reduce cost, get fresh capital, and quickly develop and produce, new efficient, economic autos, and alternative fuelled vehicles. The global auto industry will continue to grow with 80% of the global auto industry’s growth from now until 2014 is expected to come from emerging markets. However, for Ford to succeed they will need to address several internal issues regarding legacy costs, unions in the United States, and the development of a wide range of new vehicles that consumers consider the new “must have” vehicles instead of the large trucks and SUVs (Scribd.com). Looking to the future Ford will have a global presence in these critical emerging markets like China and India, and have the knowledge and expertise in efficient and alternative vehicle technologies required to move the company forward. For Ford to achieve the vision of being synonymous with alternative vehicles...
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...including such areas as Internet bandwidth, risk management, and weather derivatives (a type of weather insurance for seasonal businesses). Although their core business remained in the transmission and distribution of power their phenomenal growth was occurring through their other interests. Fortune Magazine selected Enron as "America's most innovative company" for six straight years from 1996 to 2001. Then came the investigations into their complex network of off-shore partnerships and accounting practices The saga of the ENRON Corporation has been unfolding in the media for well over a year. In the span of only three years, ENRON has gone from public and professional acclaim of the company and its senior executives to scorn, infamy and bankruptcy. Its public auditing firm, Arthur Andersen, has basically been destroyed, as well as publicly disgraced. Tens of thousands of employees and investors have been emotionally and financially affected. Major financial services firms in banking, securities brokerage and insurance have been, and may yet be, drawn into the legal battles regarding who is to blame for the ENRON failure. Enron grew wealthy due largely to marketing, promoting power, and its high stock price. Enron was named "America's Most Innovative Company" by Fortune for six consecutive years, from 1996 to 2001. It was on the Fortune's "100 Best Companies to Work for in America" list in 2000, and had offices that were stunning in their opulence. Enron was hailed by many, including...
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...Conducting Financial Reporting Research: Related Party Matters Dom Panetta Accounting 305 Abstract The topic of discussion involves the Rigas family and their Adelphia Communications Corporation scam. In 2000 they tried hustling investors into believing that their company was doing fine, when in fact they were embezzling over a billion dollars. In their year end 10-K report they noted, under related party, that they paid out over 30 million to its shareholders, which are primarily family members. The question that this paper will answer is whether or not their disclosure was justified. Conducting Financial Reporting Research: Related Party Matters Through the years 1980 and 2000 their was a plethora of embezzlement going on within huge companies, Enron being the big one. With all these white collar crimes going on, it is hard to keep track of them. There was one scam that doesn’t get the acknowledgment it deserves. Adelphia Corporation and the Rigas family started out as a small communications company in 1952 that went public in 1986. Mainly dealing with cable television, the family owned company became the 6th largest provider in the country. Despite all of its success, in 2002 the company filed for bankruptcy after it disclosed 2.3 billion in off balance sheet debt (Revsine, L., Collins, D., Johnson, W., Mittelstaedt, H., & Soffer, L. 2015). When the problem was investigated further is showed that the Rigases were spreading around money to family owned entities...
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...Positive and Negative Effects of the Global Financial Crisis Harlita H. Tomlinson Capella University BMGT8114: Accounting in the Global Era Dr. Wendy Achilles June 8,2014 Table of Contents Abstract 3 Positive and Negative Effects of the Global Financial Crisis 4 Background on the Global Financial Crisis 5 Global Financial Crisis and Its Negative Effects 9 Lack of Financial Sector Regulation and Oversights 9 Increase in the Number of Bankruptcies 11 Global Financial Crisis and Its Positive Effects 12 Designing Regulations to Monitor the Financial Sector 12 Global Governance as a Side Effect of the Global Financial Crisis 13 Lessons Learned 16 Domestic Lessons Learned 16 Global Lessons Learned 17 Lessons from Romania. 18 The Role of Financial Executives in GFC 19 Conclusions 21 References 24 Abstract The first financial crisis of the twenty-first century has not yet ended, according to Gorton and Metrick (2012), the wave of research on the crisis has already exceeded any single reader’s capacity, with the pace of new work only making this task harder. The Global Financial Crisis is considered by many economists to be the worst financial crisis since the Great Depression. Global Financial Crisis resulted in the threat of the total collapse of large financial institutions, the bailout of banks by national governments, and market downturns around the world. In the aftermath of this crisis, the housing market declined significantly and has not...
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...Organisational Behaviour U58029 Individual assignment Name: Miguel Zhou Yang Student number: 13083861 Word count: Part 1: Organisational Misbehaviour Organisational behaviour can be defined as the study of what people think, feel and do in and around organisations (Mcshane & Glinow, 2008). Thus, the antonym for Organisational behaviour would obviously be Organisational Misbehaviour which its easiest and simplest definition according to Ackroyd & Thompson (1999) is “Organisational misbehaviour is anything you do at work you are not supposed to do”; however, OM is a wide topic of investigation and the understanding of this subject depends on different aspects, theories and perspectives (Richard, 2008). Other researchers saw misbehaviour as something more linked to relations within an organisation, stating that OM is mainly based on interactions between people and that is relied on ethical issues in employer-employee relationship (Deckop, 2006). This essay will mainly explain and analyse the different types of misbehaviour that can be found in a particular case: The Enron & Arthur Andersen scandal, the “Why’s” and “How’s” these two companies fell into corruption and thus, misbehaviour. Enron & Andersen Enron Corporation was an energy company founded in 1930 based in Houston, Texas. It never shined out until 1996, when the firm was considered as one of the most innovative organisation in the world (Debinski & Al). Enron started lying about its profits...
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