...up one day in the summer of 1917 at the Yale Bowl in Connecticut as soldiers trained. Corporal J. Robert Conroy patted the amicable canine and asked, “How are you today?” Stubby was very astute, so Conroy edified him to shake hands, an artifice that was in great favor with the troops. Then he realized he could edify him to raise his paw up just a little farther towards his brow when he was given the order to, “Salute!” The night afore they sailed for France, Conroy went down to the ship, the S.S. Minnesota, and introduced Stubby to the military police officer who was sentineling it. According to Conroy, the officer was delectated by Stubby’s military salute, enough to let Conroy sneak him onboard the next day, under his overcoat....
Words: 800 - Pages: 4
...Literature Review Sample (note: this is taken from a complete paper and is an excerpt) This present study uses the research conducted by Conroy and Emerson (2004) as a model for investigation. Conroy and Emerson used surveys to elicit ordered responses regarding the acceptability of particular vignettes. These vignettes have been used by other researchers and were based largely on works by Longnecker et. al. (1989), Clark (1996), Fritzsche and Becker, (1982), and Harris (1991). Many studies evaluate the ethical attitudes of females versus males. Most of these studies, more than two thirds, report a significant gender effect. Interestingly, in every case, female participants were reported as being more ethical than males (Albaum and Peterson, 2006). Borkowski and Ugras (1998) completed a meta-analysis of 47 studies and concluded that female students exhibit “stronger ethical attitudes” than men. Beltramini, Peterson, and Kozmetsky (1984) determined that there was a “consistent tendency for the females in the sample to express more concern than the males in the sample, regardless of the issue” (p. 199). Peterson et al. (1991) replicated their previous study and corroborated the earlier findings and suggested that there was a “heightened level of concern” among college students with respect for ethical issues. Not all researchers agree that women in general have a higher ethical attitude than men. Some researchers concluded that men and women make ethical decisions...
Words: 913 - Pages: 4
...Example Literary Research Paper Michelle Carerra Professor Krickstein English 1302 October 15, 2004 The Awakening of Gabriel Conroy Like the stories in Dubliners that lead up to it, “The Dead” dramatizes a moment of self-realization. The story portrays the gradual awakening of Gabriel Conroy, whose vision of his wife, Gretta, at the end of the story is at once a frustrating disappointment and a touching movement toward understanding and love. Robert Adams voices the view of more than one critic when he writes of “The Dead” that this “greatest of the stories in Dubliners stands apart from the rest, being warmer in tonality, richer in the writing, and more intimate in its subject matter” (83). Florence Walzl agrees when she writes that “’The Dead’ is markedly different from the earlier stories. . . .It is not only a longer, more fully developed narrative, but it presents a more kindly view of Ireland” (428). In one sense the “dead” of the title are all those who have lived and died, those who have gone before the festive inhabitants of Dublin who celebrate the Christmas season, Gabriel Conroy and Gretta among them. In another sense the dead are all those who, though alive and breathing, have lost their naturalness, their spontaneity, and most importantly, their passion. Gabriel, one of these, has lost touch with his past and with traditional Irish values. He looks instead toward continental Europe, toward the future, and toward change for an escape...
Words: 1783 - Pages: 8
...FIN 4414 Financial Management Course Syllabus Spring 2010 Term INSTRUCTOR: Dr. T. Craig Tapley Graham-Buffett Master Lecturer of Finance Section: Section: Room: 2109 – Monday and Wednesday, Periods 3-4 (9:35 a.m. – 11:30 a.m.) 7111 – Monday and Wednesday, Periods 5-6 (11:45 a.m. – 1:40 p.m.) 112 Matherly Hall Office Hours: Wednesday (2:00 p.m. - 3:00 p.m.) Thursday (1:00 p.m. - 2:30 p.m.) CONTACT INFORMATION: Office: Phone: Fax: E-Mail: 329 David Stuzin Hall (352) 392-6654 (352) 392-5237 ctapley@ufl.edu http://vista.courses.ufl.edu/ Class Webpage: COURSE MATERIALS: TEXTBOOK 1. Financial Management: Theory and Practice (12th Edition), Eugene F. Brigham and Michael C. Ehrhardt, Thompson/South-Western, 2008, ISBN: 0-324-42269-5. The official textbook for the class will be an excellent reference book as you start your career, as you may easily find that there will be times, on the job, when you need to reference prior material, or formulas, covered in your corporate finance classes at UF. However, books have become somewhat expensive, so you may, instead, purchase the 11th or 10th Edition of the book, typically at a cheaper price, through various online booksellers. However, there are minor differences between the 10th, 11th, and 12th editions; mainly in the order of the chapter. These differences should not impact your ability to perform well in this class, but you may need to map the chapters in the 10th or 11th Edition to those assigned in the 12th Edition. This is...
Words: 10794 - Pages: 44
...Crina O. Tarasi, Ruth N. Bolton, Michael D. Hutt, & Beth A. Walker Balancing Risk and Return in a Customer Portfolio Marketing managers can increase shareholder value by structuring a customer portfolio to reduce the vulnerability and volatility of cash flows. This article demonstrates how financial portfolio theory provides an organizing framework for (1) diagnosing the variability in a customer portfolio, (2) assessing the complementarity/similarity of market segments, (3) exploring market segment weights in an optimized portfolio, and (4) isolating the reward on variability that individual customers or segments provide. Using a seven-year series of customer data from a large business-to-business firm, the authors demonstrate how market segments can be characterized in terms of risk and return. Next, they identify the firm’s efficient portfolio and test it against (1) its current portfolio and (2) a hypothetical profit maximization portfolio. Then, using forward- and back-testing, the authors show that the efficient portfolio has consistently lower variability than the existing customer mix and the profit maximization portfolio. The authors provide guidelines for incorporating a risk overlay into established customer management frameworks. The approach is especially well suited for business-to-business firms that serve market segments drawn from diverse sectors of the economy. Keywords: customer portfolio management, market-based assets, financial portfolio theory, return...
Words: 14000 - Pages: 56
...Al-Malkawi Corresponding Author, Faculty of Business, ALHOSN University P.O. Box 38772 - Abu Dhabi, UAE E-mail: h.almalkawi@alhosnu.ae Michael Rafferty Senior Research Analyst, WRC, University of Sydney, Australia E-mail: m.rafferty@econ.usyd.edu.au Rekha Pillai Faculty of Business, ALHOSN University, Abu Dhabi, UAE E-mail: r.pillai@alhosnu.ae Abstract The literature on dividend policy has produced a large body of theoretical and empirical research, especially following the publication of the dividend irrelevance hypothesis of Miller and Modigliani (1961). No general consensus has yet emerged after several decades of investigation, and scholars can often disagree even about the same empirical evidence. This paper aims at providing the reader with a comprehensive understanding of dividends and dividend policy by reviewing the main theories and explanations of dividend policy including dividend irrelevance hypothesis of Miller and Modigliani, bird-in-the-hand, tax-preference, clientele effects, signalling, and agency costs hypotheses. The paper also attempts to present the main empirical studies on corporate dividend policy. However, due to the enduring nature and extensive range of the debate about dividend policy which has spawned a vast amount of literature that grows by the day, a full review of all debates is not feasible. The paper reaches at a conclusion that the famous statement of Fisher Black about dividend policy "the harder we look at the dividends picture, the more it seems...
Words: 19059 - Pages: 77
...Journal of Economic Perspectives—Volume 17, Number 2—Spring 2003—Pages 3–26 The Fall of Enron Paul M. Healy and Krishna G. Palepu F rom the start of the 1990s until year-end 1998, Enron’s stock rose by 311 percent, only modestly higher than the rate of growth in the Standard & Poor’s 500. But then the stock soared. It increased by 56 percent in 1999 and a further 87 percent in 2000, compared to a 20 percent increase and a 10 percent decline for the index during the same years. By December 31, 2000, Enron’s stock was priced at $83.13, and its market capitalization exceeded $60 billion, 70 times earnings and six times book value, an indication of the stock market’s high expectations about its future prospects. Enron was rated the most innovative large company in America in Fortune magazine’s survey of Most Admired Companies. Yet within a year, Enron’s image was in tatters and its stock price had plummeted nearly to zero. Exhibit 1 lists some of the critical events for Enron between August and December 2001—a saga of document shredding, restatements of earnings, regulatory investigations, a failed merger and the company filing for bankruptcy. We will assess how governance and incentive problems contributed to Enron’s rise and fall. A well-functioning capital market creates appropriate linkages of information, incentives and governance between managers and investors. This process is supposed to be carried out through a network of intermediaries that include professional...
Words: 13016 - Pages: 53
...psychologists of all time.[6][7] In 1974 Bandura was elected to be the Eighty-Second President of the American Psychological Association (APA). He was one of the youngest president-elects in the history of the APA at the age of 46. Bandura served as a member of the APA Board of Scientific Affairs from 1968 to 1970 and is well known as a member of the editiorial board of nine psychology journals including the Journal of Personality and Social Psychology from 1963 to 1972.[8] At the age of 82, Bandura was awarded the Grawemeyer Award for psychology and is known as one of the most influential psychologists of the 20th century. [9] Contents [hide] * 1 Personal life * 2 Education and academic career * 2.1 Post-doctoral work * 3 Research * 3.1 Social learning theory * 3.2 Aggression * 3.3 Social cognitive theory * 3.3.1 Social foundations of thought and action * 3.4 Self-efficacy * 3.5 Moral agency * 4 Awards * 5 Major books * 6...
Words: 6800 - Pages: 28
...Department of Accounting and Finance ΛΟΧ 590 Postgraduate Thesis Thesis supervisor: Dr Irene Karamanou Hadjigavriel Stavriana Acknowledgments: I would like to thank my supervisor, Dr Irene Karamanou, for guiding and helping me throughout my thesis as her critical thinking and logical guidance was of significant importance to me. I would also like to thank my family for supporting me and motivating me not only throughout my postgraduate but also undergraduate degree. Contents: 1. Introduction 1 2.1 Background to the IPOs……….………...............................................................1 2.2 Problem Discussion………….……...…………………….………………….....4 2.3 Contribution of the study……………………………………….……...………..5 2. Literature Review 6 2.1 Lockup Agreements…………………………………………………………….6 2.2 The Stabilization process-price support………………………………………...7 2.3 A theoretical background to underpricing………………………...……………8 2.4 The adverse selection……………………………………………………...…....8 2.5 How can underwriters affect underpricing………………….……………..……9 2.6 The role of institutional investors……………………………………….……..11 2.7 Issuers’ holdings……………………………………………….………………11 2.8 Underwriters’ purchases…………………………………………………….…12 3. Development of Hypotheses 13 3.1 Information asymmetry & Underwriters’ holdings impact on IPO price………13 3.2 The issue of realizing profits……………………………………………………15 4. Methodology 16 4.1 Dataset...
Words: 8556 - Pages: 35
...HUMAN RESOURCES Conference Paper Abstracts A CHANGE RECIPIENT PERSPECTIVE ON TRAINING AND COMPETENCE DEVELOPMENT DURING ORGANIZATIONAL CHANGE Olsen, Trude Hogvold; Harstad U. College; trude.olsen@hih.no Stensaker, Inger G.; NHH Norw.Schl of Economics and Business Adm.; inger.stensaker@nhh.no As organizations change and adapt to pressures in the external and internal environment, managers and employees are required to learn new competencies and skills. Ideally, new skill requirements should be identified and developed early in the change process in order to ensure that managers and employees are ready to face their new tasks and roles when the changes are implemented. However, despite good intentions at the top management level, employees and middle managers often report uncertainty and a lack of the necessary skills required to implement change. In this paper, we report from a qualitative study of two planned organizational change initiatives in the public sector. The changes involved new work tasks and managerial roles for a group of middle managers. Although the skill requirements appeared to be clear and formal training was initiated, a number of uncertain and ambiguous issues emerged among the change recipients. We examine the types of uncertainty and ambiguity that emerged and how change recipients attempted to handle these challenges. Our findings suggest that although necessary and important, formal training procedures are not adequate for resolving competence-related...
Words: 27190 - Pages: 109
...Parliament of Australia Department of Parliamentary Services Parliamentary Library Information, analysis and advice for the Parliament RESEARCH PAPER www.aph.gov.au/library 26 May 2010, no. 17, 2009–10, ISSN 1834-9854 Budget Review 2010–11 Last year’s Budget was framed amid a sharply deteriorating world economy which was considered the most challenging global economic conditions since the Great Depression. In 2009, the global economy contracted for the first time in the post-war era. In contrast, Australia grew by almost 1.5 per cent supported by monetary and fiscal policy stimulus, a well-functioning banking system, and strong growth in a number of East Asian economies. The third Rudd Government Budget, presented on 11 May 2010, was developed within an improving but still uncertain outlook, with events in Greece and other European Union countries reminding us of the risks to the global economic recovery. Strong economic growth in China and India is expected to continue to flow throughout the region and, despite a slower pace, the US is leading the recovery among our advanced economy major trading partners. Global economic growth is in the early stages of recovery but we should remain cognisant of the precarious economic environment which is continuing to challenge government policy makers around the globe. Once again the Parliamentary Library has produced the annual Budget Review that examines the key features of a selection of crucial measures contained...
Words: 85921 - Pages: 344
... 18 107-110 Alternative Investments 6 111-120 Portfolio Management 15 Total: 180 By accessing this mock exam, you agree to the following terms of use: This mock exam is provided to currentlyregistered CFA candidates. Candidates may view and print the exam for personal exam preparation only. The following activities are strictly prohibited and may result in disciplinary and/or legal action: accessing or permitting access by anyone other than currently-registered CFA candidates; copying, posting to any website, emailing, distributing and/or reprinting the mock exam for any purpose. © 2016 Copyrighted by CFA Institute. All rights reserved. 1. Richard Cardinal, CFA, is the founder of Volcano Capital Research, an investment management firm whose sole activity is short selling. Cardinal seeks out companies whose stocks have had large price increases. Cardinal also pays several lobbying firms to update him immediately on any legislative or regulatory changes that may impact his target companies. Cardinal sells short those target companies he estimates are near the peak of their sales and earnings and that his sources identify as facing legal or regulatory...
Words: 20843 - Pages: 84
...AUGUST 2004 Communications and Information THE TONGUE AND QUILL COMMUNICATING IS A POWERFUL TOOL FOR THE TWENTY-FIRST CENTURY AIR FORCE The Tongue and Quill is dedicated to every man and woman in today’s Air Force who will ever sling ink at paper, pound a keyboard, give a briefing, or staff a package to support the mission. Currently, The Tongue and Quill is widely used by Air Force military and civilian members, professional military school educators and students, and civilian corporations around the United States. As United States Air Force employees, it is important we communicate clearly and effectively to carry out our mission. This handbook together with AFMAN 33-326, Preparing Official Communications, will provide the necessary information to ensure clear communications— written or spoken. The use of the name or mark of any specific manufacturer, commercial product, commodity, or service in this publication does not imply endorsement by the Air Force To all you enthusiastic users worldwide, keep up the good fight! SUMMARY OF REVISIONS This revision improved organization; rearranged layout; updated quotes, art and word lists; and added material on preparing to write and speak, writing with focus, communicating to persuade, research, meetings, briefings and listening; updated information on electronic communication and e-mail, and added information on Air Force writing products such as awards, decorations and performance reports. Supersedes AFH 33-337, 30 June 1997. OPR:...
Words: 125419 - Pages: 502
...Advertising, Promotion, and other aspects of Integrated Marketing Communications Terence A. Shimp University of South Carolina Australia • Brazil • Japan • Korea • Mexico • Singapore • Spain • United Kingdom • United States Advertising, Promotion, & Other Aspects of Integrated Marketing Communications, 8e Terence A. Shimp Vice President of Editorial, Business: Jack W. Calhoun Vice President/Editor-in-Chief: Melissa S. Acuna Acquisitions Editor: Mike Roche Sr. Developmental Editor: Susanna C. Smart Marketing Manager: Mike Aliscad Content Project Manager: Corey Geissler Media Editor: John Rich Production Technology Analyst: Emily Gross Frontlist Buyer, Manufacturing: Diane Gibbons Production Service: PrePressPMG Sr. Art Director: Stacy Shirley Internal Designer: Chris Miller/cmiller design Cover Designer: Chris Miller/cmiller design Cover Image: Getty Images/The Image Bank Permission Aquistion Manager/Photo: Deanna Ettinger Permission Aquistion Manager/Text: Mardell Glinski Schultz © 2010, 2007 South-Western, Cengage Learning ALL RIGHTS RESERVED. No part of this work covered by the copyright hereon may be reproduced or used in any form or by any means—graphic, electronic, or mechanical, including photocopying, recording, taping, Web distribution, information storage and retrieval systems, or in any other manner—except as may be permitted by the license terms herein. For product information and technology assistance, contact us at Cengage Learning Customer &...
Words: 219845 - Pages: 880
...Bloodlines of Illuminati by: Fritz Springmeier, 1995 Introduction: I am pleased & honored to present this book to those in the world who love the truth. This is a book for lovers of the Truth. This is a book for those who are already familiar with my past writings. An Illuminati Grand Master once said that the world is a stage and we are all actors. Of course this was not an original thought, but it certainly is a way of describing the Illuminati view of how the world works. The people of the world are an audience to which the Illuminati entertain with propaganda. Just one of the thousands of recent examples of this type of acting done for the public was President Bill Clinton’s 1995 State of the Union address. The speech was designed to push all of the warm fuzzy buttons of his listening audience that he could. All the green lights for acceptance were systematically pushed by the President’s speech with the help of a controlled congressional audience. The truth on the other hand doesn’t always tickle the ear and warm the ego of its listeners. The light of truth in this book will be too bright for some people who will want to return to the safe comfort of their darkness. I am not a conspiracy theorist. I deal with real facts, not theory. Some of the people I write about, I have met. Some of the people I expose are alive and very dangerous. The darkness has never liked the light. Yet, many of the secrets of the Illuminati are locked up tightly simply because secrecy is a way...
Words: 206477 - Pages: 826
