Sunday, May 24, 2020
Stakeholder Concerns Corporate Management - 1619 Words
Stakeholder Concerns Investors For most investors, the primary concern is profit on their Calfrac investment. However, a certain group of investors also consider social good as an issue of great importance and as a result, practice social investing. Another major concern for an overwhelming majority of investors is the amount of risk they take on. These investors consider the amount of risk an ownership stake in a company entails and choose not to invest in companies that are over exposed to a single industry, have a track record of inefficient management or are operating in a dying industry etc. Calfrac has recently disclosed that its board of directors have approved a $12 million plan to further the expansion in Latin America (Healing, 2015). This shows that Calfracââ¬â¢s management is committed to making the company more valuable thus satisfying the investorsââ¬â¢ need for a strong ROI. The expansion also reduces Calfracââ¬â¢s risk due to the fact that it is becoming more diversified and wonââ¬â¢t take substantial losses in case one of its regional operations face a downturn. To satisfy ethical investors, Calfrac has taken a strong lean towards corporate social responsibility. The company makes an effort to reduce its environmental footprint through the use of efficient technology and was recognized by United Way as a ââ¬Å"Community Builderâ⬠in 2014, further increasing Calfracââ¬â¢s reputation as a socially responsible company. Employees Some of the concerns for employees include opportunitiesShow MoreRelatedCorporate Governance and Financial Performance739 Words à |à 3 PagesCORPORATE GOVRERNANCE AND FINANCIAL PERFORMANCE CASE STUDY: ROOFINGS GROUP 1.0 INTRODUCTION Corporate governance is concerned with ways in which all parties interested in the well-being of the firm (the stakeholders) attempt to ensure that managers and other insiders take measures or adopt mechanisms that safeguard the interests of the stakeholders. Such measures are necessitated by the separation of ownership from management, an increasingly vital feature of the modern firm. A typical firmRead MoreAccountability Is An Essential Ingredient Of Corporate Governance1242 Words à |à 5 PagesAbstract Accountability is an essential ingredient of corporate governance, and indeed is the reason for any corporate governance set up. This paper discusses the ways in which accountability contributes to corporate governance and vice versa, and the mechanisms by which organizations may become more accountable and transparent. Corporate governance and accountability are often interrelated in organizations and provides a focus for business practices that promote fairness, ethical behavior, andRead MoreRanking the Key Principles of Corporate Governance1579 Words à |à 7 Pageson ranking of the key principles of corporate governance. The topic will be covered from the perspective of Australian listed companies, which are subject to regulation by the Australian Securities Exchange (ASX). The ASX Corporate Governance Council defines corporate governance as ââ¬Å"the framework of rules, relationships, systems and processes within and by which authority is exercised and controlled in corporationsâ⬠(ASX 2007 p3). The latest ASX Corporate Governance Council report (ASX 2007)Read MoreKey Tips For A Generous Financial Donations1495 Words à |à 6 PagesTIPS (1)Community Stakeholders a. Generous financial donations b. Innovative giving c. Support for education and job training programmes d. Direct involvement in community projects and affairs e. Community volunteer programmes f. Support for the local community g. Campaigning for environmental and social change h. An employee-led approach to philanthropy i. Efficient and effective community activity j. Disclosure of environmental and social performance (2)Environment Stakeholders a. EnvironmentalRead MoreStakeholder Theory and Competing Concept1707 Words à |à 7 PagesIntroduction Stakeholder theory was given by R. Edward Freeman, which was expressed many ways to represent the stakeholder as an important part of the corporate responsibility. According to Stenberg (1996), this stakeholder theory, is basically not capable to provide better corporate governance. He also stated that, this theory is unable to provide a better view of business performance (Edward Reed, 1983). Currently, the stakeholder theory has been grown up from its origin and seen as the conceptRead MoreEssay on Company Qââ¬â¢s Attitude Toward Social Responsibility1365 Words à |à 6 Pagestoward the outdated shareholder model, rather than the stakeholder interaction model of corporate governance, as well as a significant lack of concern for the fundamental wellbeing of some of its primary stakeholders. Arguably, however, even the shareholders themselves may ultimately be frustrated in realizing the maximum potential return on their investment in this company due to lost opportunities as a result of Company Qââ¬â¢s poor corporate citizenship and failures to achieve social responsibilityRead MoreRepresentation Of A Stakeholder From A Corporation1493 Words à |à 6 PagesAbstract Within a company, a stakeholder is a person who has a specific interest in a project or ventures that exist within. Typically, the primary stakeholder of a major corporation is the employers, customers, suppliers, and even investors (2012 Report on Sustainable and Responsible Investing Trends in the United States, 2012). However, with a more modern and contemporary premise the more conservative idea to embrace other stakeholders to include people from the community, representatives of theRead MorePreventing Conflict And Ethical Issues1596 Words à |à 7 Pagesaccomplish the wealth in the finest concern of the stockholders (Boshkoska, 2015). In such kind of establishments, clash of importance may happen amid the supervisors as well as the stockholders. Having additional data regarding the function of the organization, chiefs may utilize it in settling on choices for their own advantage, which then again can t be as useful for the shareholders. Irreconcilable circumstance for interes t amid supervisors and stakeholders prompts supposed organization conflictRead MoreApple, Inc. : An American International Corporation Essay718 Words à |à 3 Pagesservices and personal computers. The purpose of Apple, Inc. is to uphold and endure their quality. The company and the current market circumstances in which Apple, Inc. manages change swiftly and these variations have dictated rapid fluctuations in management. (Successful Companies, 2016). There most successful products would include Apple TV, the OSX, iPod/iPhone and Mac amid other products. Apple products are to be unique and of high quality and services. Apple products are very unique in nature byRead MoreStakeholder Conflicts Essay1073 Words à |à 5 PagesStakeholder Conflicts in Organizations Chris Lindquist Grand Canyon University: ORG-807 June 25, 2013 Introduction This paper will discuss how non-profit and for-profit organizations manage the interests, opinions, and concerns of their stakeholders. Additionally, this paper will address the management differences that exist between for-profit and non-profit organizations. A set of research questions will be presented to research the effectiveness of the management techniques employed
Wednesday, May 13, 2020
Dr. Mary Shelly s Frankentein And The 1994 Adaptation...
Kaila Mines Professor Star Mary Shelly vs Baranagh Mary Shellyââ¬â¢s ââ¬Å"Frankenteinâ⬠and the 1994 adaptation of the novel have many similarities and also many differences. Differences focus mainly on death and the similarities focus on the plot structure. The similarities override the differences because the overall plot structure stayed the same. The changes of how people died is one major difference that Branagh had taken away from the original novel. In the book, Victors mother dies from scarlet fever that she has gotten from Elizabeth. As quoted from the book, ââ¬Å"She died calmly, and her countenance expressed affection even in death. I need not describe the feelings of those whose dearest ties are rent by that most irreparable evil, the void that presents itself to the soul, and the despair that is exhibited on the countenance.â⬠In the movie, Victorââ¬â¢s mother dies from childbirth. Victor is far less affected by the death of his mother in the novel than the movie. In the movie he creates Frankenstei n as one of the results of the death of his mother. This is one major difference that is displayed. Within the movie version, another major difference regarding the death of a character is involving Elizabeth, who he then turned into a monster to be a friend for the original creature that Victor had created. When Elizabeth discovered that she was not alive anymore, and how horrendous she thought she portrayed herself and the monster, she killed herself. In the novel, the
Wednesday, May 6, 2020
The Discarded Image Free Essays
The Discarded Image (Rewrite) ââ¬Å"The Discarded Image: An Introduction to Medieval and Renaissance Literatureâ⬠by C. S. Lewis is not just an introduction of the Medieval and Renaissance period, as the subtitle suggests, but rather an overview of the cultural background of that time period. We will write a custom essay sample on The Discarded Image or any similar topic only for you Order Now C. S. Lewis describes ââ¬Å"the modelâ⬠or ââ¬Å"the imageâ⬠of the universe as it was thought to be during the Renaissance and the Middle Ages. Their way of thinking was completely different from ours in our ââ¬Å"Modern Worldâ⬠point of view. Their perception of the Universe was a ââ¬Å"single, complex, harmonious mental modelâ⬠(Lewis), unlike our scientific discoveries and newly formulated theories bout the universe. Instead of theories, they believed in these principles or ideas that explained their way of viewing things. Hierarchy, ordered scale in which everything is connected but has a certain order, and Body and Soul, the idea that everything has a soul and there are three different kinds of souls, are two of these principles. Hierarchy explains the order in which everything is or should be, as well as how everything is co-related. During the middle ages, it was thought that ââ¬Å"everything has its right place, its home, the region that suits itâ⬠(Lewis, 92). The people of medieval and Renaissance period came up with the order of the universe, ââ¬Å"Earth, moon, Mercury, Venus, Sun, Mars, Jupiter, and Saturnâ⬠. They thought that everything revolved around the Earth; they believed that the Earth was the center of the universe, and they believed that everything was pulled towards the Earth. The ââ¬Å"forceâ⬠responsible for this attraction was the Primium Mobile or the First moveable, ââ¬Å"everything proceeds from Him (God)â⬠(Brand), ââ¬Å"its existence was inferred to account for the motion of all othersâ⬠(Lewis, 96). Since everything has its purpose and space, it also has its own different soul. For example, because the different things or bodies have a different place and purpose they have different souls: ââ¬Å"Man is a rational animalâ⬠¦Rational soul, which gives man his peculiar position, is not the only kind of soulâ⬠(Lewis, 152-153). Plants have a Vegetable soul, its main purpose is to grow and spread out. Animals, not human, have a sensitive soul: has the same ââ¬Å"powersâ⬠as the Vegetable soul but has sentience in addition. nevertheless these three, Rational, Sensitive, and Vegetable souls, portrayed the synthesis between science, imagination, and theology that was very important in the Medieval and Renaissance period: ââ¬Å"the real of science was the real of imaginations which was the real of religion, etc. â⬠(Brand) C. S. Lewis in his book ââ¬Å"The Discarded Image: An Introduction to Medieval and Renaissance Literatureâ⬠points out the way the universe was viewed in the middle ages. Lewis explains all the ideas and principles that made up the middle ages so different from our Modern World. During the Middle ages Hierarchy was very important; everything has its place and purpose but at the same time it was believed that everything was a unit. The idea of Body and Soul was just as important; since everything has its own purpose it must have its own soul. How to cite The Discarded Image, Papers
Monday, May 4, 2020
History Of Popular Culture Essay Example For Students
History Of Popular Culture Essay What were the functions of popular festivals, etc. in Early Modern Europe?And why did the authorities, civil and ecclesiastical seek to control orsuppress them?In Early Modern Europe festivals were the setting for heroes and theirstories, to be celebrated by the populace. They posed a change from theireveryday life. In those days people lived in remembrance of one festivaland in expectance of the next. Different kinds of festivals were celebratedin different ways. There were festivals that marked an individual occasionand werent part of the festival calendar, like family festivals such asweddings and christenings. Some took place at the same time every year andwere for everyone, like community festivals like the different saintsdays. Pilgrimages took place all year round. Annuals festivals likeChristmas and Midsummer always took place on the same day every year. In those days the average village in Western Europe celebrated at least 17festivals annually, not counting family occasions and saints days. Somefestivals, such as Carnival, lasted several days or sometimes even severalweeks. In the Netherlands Carnival started every year at the 11th ofNovember (St. Martin) and culminated in a big festival of Dranck,pleijsier ende vrouwen (Drink, fun and women) at the end of the Carnivalperiod, preceding the period of Lent. Festivals were meant to take the minds of the people off their everydaylife , off the hard times and their work. Everyday life in Early ModernEurope was filled with rituals, both religious and secular. Songs andstories played an important role in their lives, although they sometimesadjusted the details of the legends and stories to fit the way they thoughta certain festival should take place. Popular culture was mixed with ecclesiastical culture in many ways. Thestory of St. John the Baptist is a good example of this. The ancient ritualof bathing and lighting fires during Midsummers Eve was a remnant of aritual from the pre-Christian period. Fire and water, symbols ofpurification, could be seen as the tools of St. John the Baptist, andtherefore a combination of the two elements of popular and ecclesiasticalculture was obvious. It looks as if the Medieval Church took over thefestival and made it theirs. The same thing happened to the MidwinterFestival, which became linked with the birth of Christ, on 25 December. There are many more examples to be found, such as the connection betweenSt. Martin and geese caused by the fact that the St. Martins Day (11November) coincided with the period during which the people used to killtheir geese in the period preceding the Christian period. Carnival plays a special role in popular culture in Early Modern Europe. It is a great example of a festival of images and texts. It was a popularfestival, taking on different forms in different regions of Europe. Asidefrom regional variations, these differences were also caused by factorssuch as the climate, the political situation and the economical situationin an area. On a whole Carnival started in late December or early January and reachedits peak upon approaching Lent. The actual feast, taking place at the endof the festive period, could take days and would usually involve large quantities of foodand drinks. The festival took place in the open air in the centre of atown or city. Within a region, the way Carnival was celebrated varied fromtown to town. The festival was a play, with the streets as a stage and the people asactors and spectators. They often depicted everyday life scenes and madefun of them. Informal events took place throughout the Carnival period. There was massive eating and drinking, as a way of stocking up for Lent. People sang and danced in the streets, using the special songs of Carnival,and people wore masks and fancy-dress. There was verbal aggression, insultswere exchanged and satirical verses were sung. More formally structures events were concentrated in the last days of theCarnival period. These events took places in the central squares and wereoften organised by clubs or fraternities. The main theme during Carnival was usually The World Upside Down. Situations got turned around. It was an enactment of the world turnedupside down. Men dressed up as women, women dressed up as men, the richtraded places with the poor, etc. There was physical reversal: peoplestanding on their heads, horses going backwards and fishes flying. Therewas reversal of relationships between man and beast: the horse shoeing themaster or the fish eating the fisherman. The other reversal was that ofrelationships between men: servants giving orders to their masters or menfeeding children while their wives worked the fields. Many events centred on the figure of Carnival, often depicted as a fatman, cheerful and surrounded by food. The figure of Lent, for contrast,often took the form of a thin, old woman, dressed in black and hung withfish. These depictions varied in form and name in the different regions inEurope. A recurring element was the performance of a play, usually a farce. Mock battles were also a favourite pass-time during the Carnival period. Carnival usually ended with the defeat of Carnival by Lent. This couldhappen in the form of the mock trial and execution of Carnival, (Bologna,Italy, 16th century), the beheading of a pig (Venice, Italy), or the burialof a sardine (Madrid, Spain). Sex Education: A Necessity in Public Schools Argum EssayMissionaries on both sides worked in Europe to install their religiousvalues in the local people. Reformers on both sides objected in particularto certain elements in popular religion. Festivals were part of popularreligion or were at least disguised as an element of popular religion. Thefestival of Martinmas (11 November) was a good example of this. What were the objections of the authorities against these elements ofpopular culture in general and popular religion in particular? There weretwo essential religious objections. Firstly, the majority of festivals wereseen as remnants of ancient paganism. Secondly, the festivals offered thepeople an occasion to over-indulge in immoral or offensive behaviour, atmany occasions attacking the establishment (both ecclesiastical and civil). The first objection meant that reformers disliked many of the popularcustoms because they contained traces of ancient customs dating frompre-Christian times. Protestant reformers went very far in theirobjections, even denouncing a number of Catholic rituals as beingpre-Christian survivals, considering the saints as successors of pagan godsand heroes, taking over their curative and protective functions. Magic wasalso considered a pagan remnant: the Protestants accused the Catholics ofpractising a pagan ritual by claiming that certain holy places held magicalpowers and could cure people. The reformers denounced the rituals they didnt find fitting as beingirreverent and blasphemous. Carnival and the charivaris were consideredthe work of the devil, because it made a mockery of certain godlyelements the Church held sacred. The reformers thought people who didnthonour God in their way to be heathen, doomed to spend their afterlife ineternal damnation. Flamboyance was to be chased out of all religiousaspects of culture, and, where possible, out of all other aspects of life,according to the Protestant doctrine. In some areas, gesturing duringchurch services was banned, as was laughter. All these things were seen asirreverent, making a mockery of religion. All these changes were introduced in order to create a sharper separationbetween the sacred and the profane. The ecclesiastical authorities wereout to destroy the traditional familiarity with the sacred becausefamiliarity breeds irreverence.The objection against popular recreations stemmed from the idea that theywere vanities, displeasing God because they were a waste of time andmoney and distracted people from going to church. This objection was sharedby both the ecclesiastical and civil authorities. The latter mainlyobjected because it distracted the populace from their work, which in turnaffected the revenues of the leading upper classes, or from otheractivities that were benefiting the rich, reasons that would vary perregion. Catholic and Protestant reformers were not equally hostile to popularculture, nor were they hostile for quite the same reasons. Protestantreformers were more radical, denouncing festivals as relics of popery andlooking to abolish feast-days as well as the feast that came with it,because they considered the saints that were celebrated during thesefestivals as remnants of a pre-Christian era. Many of these Protestantreformers were equally radical in their attacks on holy images, which theyconsidered idols. During the end of the 16th and the first half of the17th century Dutch churches were pillaged by Protestants trying to destroyall religious relics and images (de Beeldenstorm). Catholic reformers weremore modified in their actions; they tried to reach a certain modificationof popular religious culture, even trying to adapt certain elements to theCatholic way of worshipping and incorporating popular elements into theirreligion. They insisted that some times were holier than others, an d theydid object to the extend to which the holy days were celebrated with foodand drink. Some argued that it was impossible to obey the rites of Lentwith proper reverence and devotion if they had indulged in Carnival justbefore. Catholic reformers also installed rules in order to regulatecertain popular festivals and rituals, such as a prohibition on dressing upas a member of the clergy during Carnival or a prohibition on dancing orperforming plays in churches or churchyards. Contrary to the Protestantreformers however, the Catholic reformers did not set out to abolishfestivals and rituals completely. Civil authorities had their own reasons to object to popular festivals inEarly Modern Europe. Apart from taking the people away from work or otherobligations, the authorities feared that during the time of a festival, theabundance of alcohol could stir up the feelings of discontent the peoplehad been hiding all throughout the year. Misery and alcohol could create adangerous mix that would give people the courage they needed to rebelagainst authorities. This was a good reason for the authorities to try andstop, or at least control, popular festivals. BibliographyPopular Culture in Early Modern Europe; P. BurkeThe Reasons of Misrule: Youth Groups and Charivaris in 16th century France;N.Z.Davis, Past and Present 1971Order and rebellion in Tribal Africa; M. GluckmanThe waning of the Middle Ages; J. HuizingaLevend Verleden; Prof. Dr. H.P.H. JansenBlood, tears and Xavier-water: Jesuit missionaries and popular religion inthe 18th century in the Upper Palatinate; T. Johnson Popular religion inGermany and Central Europe 1400-1800
Subscribe to:
Comments (Atom)