Lord of the Rings: the Ring’s Addiction Essay

â€Å"One ring to rule them all, One ring to find them/ One ring to bring them all and in the darkness blind them/ In the land of Mordor where the shadows lie.† (p. 8) This was said at the beginning of the story telling a brief summary of the ring of Sauron. The poem tells you how the ring will blind you to the point that the need that you will feel of it will be bigger than anything in the world. It will be so big that it becomes an addiction, worse than any drug in the word, because there is no cure for it, and the only way you can save yourself is by the destruction of this powerful ring. Addiction, this is what the ring symbolizes; a psychological need to have something. It changes everything in you. First, it wins you over and then, you will never be the same person. Addiction can change anyone from the best person you have ever known to the worst. It controls and blinds you to the point where you lose yourself. We see this addiction mostly in every character in the story; even the most powerful were tempted by it. In the book we see the addiction of the ring in many different ways throughout many different characters; three of these different ways are: the possession of it, the fear of losing it, and the wanting of it. We first see the change of the characters when they have in possession of it throughout Gollum and Bilbo, then throughout the story we begin to see it in Frodo, but it will grow stronger and stronger every second of every day. Gollum wasn’t always this repulsive creature, but he was a regular hobbit named Smeagol; he was just another victim of the ring. He possessed the ring for approximately five hundred years, and not much of a surprise this ring ruined him fiscally and emotionally. The fist terrible thing he did for the possession of the ring was to kill his brother; then he went to a cave and stood there all alone with only the company of â€Å"his precious†, the ring of Sauron. He turned from this hobbit to an old deformed nasty creature who was kept alive because of the ring, he became a cannibal, he only lived to see that ring every day, and since the first time he saw the ring he was just another slave, another addict to that â€Å"drug†. He now has two sides, Gollum and Smeagol. Gollum was his nasty evil side who was created by the ring and the possession of it for so long, and Smeagol was his still hobbit side which was innocent and in a way bullied and ruled by Gollum; he was a slave in him own body and he couldn’t control himself anymore, because he was loosing sense of who he was. Some may say Gollum is pure evil and deserved to die, like Frodo said at the beginning of the story. We see in the story that Tolkien never referred to Gollum as Smeagol because even though he may fool others and even himself Gollum had evil in him, and that would never change. We also see changes in Bilbo Baggins, but not as big as a change like we see in Smeagol, maybe because Smeagol had it for a longer time and was all alone in a cave for several years. Bilbo’s change wasn’t so big, he had to feel the ring close to him always but he didn’t lose himself as much as Smeagol. This doesn’t change the fact that he was obsessed by the ring. In â€Å"The Fellowship of the Ring† we see Bilbo’s change when Gandalf asks him to leave to ring to Bilbo as he has left everything else, and because of that Bilbo shouts to Gandalf, â€Å"Well, if you want the ring yourself say so! But you won’t get it. I won’t give my Precious away, I tell you.†(p. 34). This is when we see that hint of Gollum in Bilbo, when he calls the ring his Preci ous, a clear sign that he is transforming into Gollum one day at a time. Gandalf was very shocked and got very angry because he could not believe what he heard and how his old friend Bilbo believes he was convincing him to leave the ring for his own pleasure, when he was only trying to convince him so that he would not turn into Gollum or anything near him (but he almost did). He finally left the ring to his nephew, but with Frodo we don’t actually see a change in him throughout these two books but we do see how the ring is temping him to put it on so Sauron can find it, we also see how Frodo is very protective of the ring, such as Bilbo and Gollum, who thought that everyone was going to take it away from them (and sometimes, actually most of the time it was a true feeling). Another change we see because of this addiction is the fear of losing it. Like all Drug addicts, when you don’t have the drug, and you desperately need it you transform into another person who would do anything to have the â€Å"drug† (in this case the ring); again, the best example for this is Gollum who even after losing the ring always followed Frodo through the entire story with the hope of having the chance of taking the ring back so he can again be with â€Å"his preciousâ€Å". In the book we see that in many parts Frodo and others of the company like Gandalf and Strider see a shadow of a creature following them and in time Gandalf explained that it is actually Gollum. He will never accept the fact that the ring is with someone else because he needs it, he needs his drug. Finally the last type of addiction we see is the wanting of the ring. We see this addiction in many characters, even in people in the company of the ring especially in Boromir the general of Gondor. We see the this need of Boromir in taking the ring away from Frodo mostly at the end of the story when he transforms himself into this violent person because he wanted the ring from Frodo supposedly to save his people. Two of the most impressive changes we see in Gandalf and Galadriel, but their wills were strong enough to pass the test and succeed in denying the ring. In Gandalf we see it at the beginning of the story when Frodo was very scared and offers Gandalf this powerful ring. Even though he was very tempted by the ring in the book he said, â€Å"No! With that power I should have power too great and terrible. And over me the ring will gain a power still greater and more deadly† (p. 61). This showed how strong he really was and with this he passed the test. With Galadriel we see it later in the book when Frodo said to her, â€Å"You are wise and fearless and fair, Lady Galadriel. I will give you the one ring if you ask for it.† (p. 365). After this she explains that her heart desires the ring very much and now she is being offered it freely by Frodo and then she said, â€Å"†¦And I shall not be dark, but beautiful and terrible as the morning and the night! Fair as the sea and the sun and the snow upon the mountain! Dreadful as the storm and the lightning! Stronger than the foundations of the earth. All shall love me and despair.†(p. 365). She transformed herself as the ring was trying to control her, but she managed to control the urge of having the most powerful ring and passed the test. An addict can only save himself with the elimination of the drug and a strong will power to continue without it; this also applies to this powerful ring of Sauron; the only way to overcome this wanting is to have these qualities and much more. Because the ring is so powerful one person alone cannot succeed in destroying it, this is why the company of the ring was created. Throughout the story many people wanted Frodo to fail just so they could get the ring, this was how strong the addiction was, but there would always be those who their will power was strong enough to succeed, and those few are the ones who will accompany you to the end; these few are a need in adventures like this, because the ring is so powerful that one person alone cannot do the job. In this case it was Samwise Gamgee who told Frodo in the story when he was planning to leave, â€Å"†¦All alone and without me to help you? I couldn’t have a borne it, it’s have been the death of me.†(p.406). T he little hobbit demonstrated how friendship can overcome any addiction in the world and that with the help of a true friend we can overcome every struggle and every blinding need that we would ever have. References: Tolkien J.R.R. (2005). The Lord of the Rings (50th anniversary). Houghton Mifflin Harcourt

Maternal and Paternal Inheritances Essay

Our very existence in this world begins from both maternal and paternal inheritance. Both are very similar in characteristics; however the real difference is only in the gender. The definition of both communicates as; originates either from the mother or the father’s side, motherly or fatherly bonds, received or inherited from ones mother or father, every one of us also has someone in their lives who shows these characteristics but are of no relation. The majority of women have maternal instincts; which is passed down from mother to daughter. It originates from your mother’s side and will be continued to be passed down in generations to come however if a women was not to have children the can still pass on their maternal instincts on to their nieces and nephews, an adopted child, step children, and even their friends children. Maternal refers to the mother and child bonds, these bonds can form at any time in life. They can last for many years but can also be broken very quickly. Motherly is a description of maternal, which can mean caring, accepting, embracing, comforting and this is the tip of the iceberg of characteristics that could be mentioned. It’s not only traits that a mother can pass down it’s teachings like cooking and sewing. Paternal originates from you dads side of the family and can be passed down. Not even man will have children but he can still pass on his paternal instincts to the players on the team that they couch, their nephews, and their friend’s children. The instincts that they can pass on are different than the ones from a female figure. Paternal is also recognized as fatherly. Fatherly can be the knowledge on sports begin passed on and how to play them, and being there for the players. The bond of a father and child is simpler for the son because it can be through watching football every Sunday night, or playing catch in the backyard. On the other hand with the father and daughter bond it may be a bit more complicated because of the different interests between daughters and their fathers. There are many things that you can receive from paternal such as traits like hair color, eye color, body build. They can also pass on their knowledge, wisdom, and their drive to succeed. We all know someone who’s in our life by choice not by force. These people are the non-maternal and non-paternal friends that aren’t related to you in any way but still show and give the maternal and paternal characteristics. These are the people, which may be closer than actual family and that you may relay on the most during the good and bad situations in life. We deal everyday with maternal and paternal situations that have helped us become the person we are today. These may originate from the mother’s or the father’s side, including bonding with either mothers or fathers and we can receive or inherit traits from both sides of the family. There are also many non-family relationships that give us the same traits and characteristics.

Commercial Accounting Essay

Commercial accounting is an accurate account of business transactions, it can only be acquired if both cash and credit transactions are performed, recorded, and recognized in such a way that there can be no duplication and the transactions are recorded under commercial accounting. The system known as double entry book keeping or the commercial accounting system that records both aspects of transactions, also it records credit transactions in cash accounting the day of the receipt. The single entry in accounting for example: there is a sale, where the transaction is complete after the exchange of cash for goods. In commercial accounting the date in which the transaction was made needs to be recorded regardless to whether it was paid or it wasn’t. Generally Accepted Accounting Principles better known as (GAAP) is the collection of standards and practices that are required to be used by business’s to record and present the results of their financial activities and their re cords of what they owe, established by the Financial Accounting Standards Board (FASB). These accounting principles are standardized and used for the many private and publicly traded companies in America today. Every economic event within business must be associated with and recorded by a specific entity and business records must not include the personal assets or liabilities of the owner. If an idea holds no impact on a decision maker, investors, or creditors, then the relating (GAAP) principles do not have to be followed. (GAAP) requires the use of accrual basis accounting rather than cash basis accounting, this is imposed on businesses so that investors have a minimum level of consistency in the financial statements they use when analyzing businesses for investment purposes. The accrual basis of accounting over the cash basis of accounting in commercial accounting and generally accepted accounting principles (GAAP) is different depending on whether you run a large scale business or a small business. Cash basis is used mostly by small businesses where owners and creditors want a simple way to understand the financial statements and to understand whether there is a profit or loss in the business. Accrual basis is used by large businesses and when revenue is earned expenses are accrued. Cash basis gives you a clear picture of your cash flow, but does not give you a good idea of business in the long term because you are not recording income when it is actually earned. Accrual basis accounting accurately matches your income and expenses and if not managed carefully you could lose track of your actual cash flow, with accrual basis transaction statements they are recorded in which the events occur. You don’t have to wait until you see the money, or actually pay money out of your checking account, to record a transaction. References (Investopedia.com) (Wiley PLUS)

GRADUATE SCHOOL INFORMATION Essay Example | Topics and Well Written Essays - 250 words

GRADUATE SCHOOL INFORMATION - Essay Example I told her that I’m more inclined in pursuing further studies related to public health (major) and art such as painting and interior design (minor). I was planning on going into community health, be an integral part of community organizing while combining my knowledge in the arts through designing. However, I was still confused on how and in what way I would have to direct myself in order to combine these two conflicting interests. Upon hearing this, she immediately suggested that I can consider the following masters degree programs in community health, social and community development, social work, public health planning, community health, public administration, and business administration. The career advisor further emphasized that I need to really look into what I really like and I know (what my field of specialization is) and from there I can get a degree program that best suits me. First, she suggested that I use books that list names of degree programs and what universit y they are being offered. Second, she also suggested that I go online (such as google, Petersons, US News and World Report) for universities that have a detailed course outline of the courses they offer.

Reducing Stress and Enhancing Productivity through effective workspace Essay - 1

Reducing Stress and Enhancing Productivity through effective workspace Design, provision and organisation for A Bank HQ Building - Essay Example As if not enough, desirable work place environments has shaped the building design paradigms in certain ways, including the necessitation of incorporation of aspects pertaining to efficiency, as well as a reduction of stress at the work place (Broberg,1997). Indeed, in the current world, building designs concepts and building designs are arguably inseparable. Building design concepts are inclined on coming up with designs of equipment and devises, including buildings that are suitable for human operations. Such are subject to body movement, not to forget, the bodies’ cognitive abilities. Thus, the objective of desirable design concept is to foster productivity while fulfilling the health requirements. As such, the desirable design concept is most appreciable when designing products such as equipment and furniture, as well as machines that contain interfaces that are not only reliable, but easy for use (Broberg, 1997). Clearly, this relate to building designs. Nevertheless, considering that people have varied physical and cognitive capabilities, the subject of satisfactory building designs may not be fully explored without inclusivity. It is indispensable that buildings designs have to put into considerations the needs of people with disabilities such as the deaf, the blind, and those on wheelchairs. Inclusivity is a point that most architects have to put into consideration, especially when the underlying goal is to design buildings that could be accessed by all groups of people with prompting customization. What is worth noting is that desirable inclusive designs should be fit all equality groups although emphasis may be laid on disabled people. On the other hand, it is limiting to design buildings based on certain concepts and inclusivity alone. Other elements of desirable building designs, especially office areas, include Safety, security, sustainability , Comfort,

Comparing two university websites in terms of e-HRM Research Paper

Comparing two university websites in terms of e-HRM - Research Paper Example This is a research project proposal that will use the different views and theories on electronic Human Resource Management and human resource at large. They will be used to compare the employed systems in two universities. The two universities for comparison are Zayed and Texas. The project will review current empirical work on electronic Human Resource Management (e-HRM) and explain some consequences for future research work. With reference to definitions and previous framework, the project will analyze the incorporated theories, the empirical methodologies, the chosen analytical levels, the discussed topics and findings. The project will show a previous entity of work from different studies, majorly non-theoretical work, employing a variety of empirical methodologies, and having reference from many analytical levels and will diversify the core topics of e-HRM. The project will discuss some previous theoretical, methodological, and topical consequences in order to enhance future research on electronic Human Resource Management (Strohmeier, 19-37). With appropriate reference upon various literatures, an e-HRM research model is developed and, with the model’s guide, the two universities to be compared that are already practicing e-HRM for a significant period. The project will take 14 weeks. The first 9 weeks will be for the preparation of the proposal and collection of all the relevant resources for the project. From the 10th week, there will be an oral presentation and a written paper on the same. Human resource (HR) can guarantee an upper hand in organizational competition because of its valuation, rareness, imperfectly imitable with no substitutes. Organizations in competition can copy competitive advantage gained through better technology, strategies and services, but it is a challenge to copy competitive advantage gained through improved management of the labor force (Balgobind, 2012). The project will try to prove that the goals of e-HRM are to

Britain Fights EU's 'Big Brother' Bid Article Example | Topics and Well Written Essays - 500 words

Britain Fights EU's 'Big Brother' Bid - Article Example The aim of the Intelligent Speed Adaptation technology (ISA) is reducing accident death tolls by a third but according to Mr. McLoughlin, UK Transport Secretary, comparing UK road deaths of 1754 deaths to 3,645, and 3,657 deaths in France and Germany respectively, UK has lowest death rates from road carnage in Europe. After being briefed that newly, designed vehicles will have camera and satellite systems allowing for the easy and cheap addition of speed limiters, Mr. McLoughlin instructed his officials to block the move terming it as a violation of British motorist’s freedom. According to AA, the new technology is poised to create dangers at lower speeds especially when there is a requirement to accelerate and the speed is limited resulting in an avoidable collision but believes audible speed alerts would work (Owen, 31 August 2013). EC reports that ISA and other issues will be published by the commission in a document in the autumn according to its mandate by member states and that there is ongoing consultation on the speed limiters. The research in the article is exemplary done owing to the reporting of the views of the different stakeholders on the introduction of ISA and this has a relation to the course material since it deals with a transportation policy issue aimed at implementation in the UK and Europe limiting driving beyond set speeds. The exemplary sections in the article are the workings of the Intelligent Speed Adaptation technology (ISA) that is well explained in the article allowing for a clear concise understanding by the reader.  

Fiji Electricity System Research Paper Example | Topics and Well Written Essays - 2000 words

Fiji Electricity System - Research Paper Example The value of imports from Fiji has been increasing and hit the $3 billion US mark in 2006. The main contributing factor to the increase is the mineral fuels importation. The mineral fuels have increased in value since 2004 to 2008. It represents a change from US$400 to about $1.2 billion. The overdependence of the industry’s on fuel importation reveals how the economy is vulnerable to the rising fuel prices. The vulnerability is of concern given that the increase in demand for electric power has overwhelmed Monasavu Hydropower Station limits over the last decade. It results in the supplementation of its energy requirements with diesel generation (F.E.A. n.d.). Fiji can be termed as better than its larger neighbors. It has about 80% of its people (about 92% in urban areas) accessing electricity. By 2008, its average electricity production mix was composed of 33.7% diesel, 62.1% hydro, 0.6% wind and 3.6% biomass. Energy consumption in Fiji has increased to 715.2 million kWh in 2009 from 202.8 million kWh in 1980. Because the hydropower component is variable as it depends on the weather patterns, the ever growing demand for electric power has to be fulfilled by importing diesel-based generation. FEA has an ambitious plan of producing 90% of its electricity by use of renewable energy resources by 2015 (Lal & Atul n.d) Fijis pricing tariff rates are the lowest in the Pacific Islands region. As of recent times, its rates have stagnated though there was a marked increase in its demand and diesel usage. The cause of its low tariff prices is its rejection by the independent power producers because FEA could not pay them suitable buying rates. As at present, FEA supplies about 54% of the electricity market from its hydropower stations as it gets the rest from thermal generation. This condition is expected to change upon the installation of a new 42-MW hydropower system. In regards to estimates made by FEA, generation of

Homeopathy degree-Anatomy & Physiology module- Written assessment Essay

Homeopathy degree-Anatomy & Physiology module- Written assessment - Essay Example 33). However, some plausible risk factors which should be looked at before diagnosis are genetics and aging. A patient with the disease might have inherited it from their mothers. The malady has been suggested to result from changes in chromosomes or genes. Therefore the patient’s history on this malady should be well established based on the medical pedigree, (Cooke & Trickey 2002, pp. 50). The disease is commonly experienced by women aged around 25 to 35 years old as well as women in postmenopausal age. Post menopausal women are characterized by high levels of aromatase and the hormone progesterone resistance. However, it should not be a surprise if it is reported in young girl of age 11, (Garcia-Velasco & Rizk 2010, p. 19). Some of the complications which might be realized apart from infertility related to scars formed in the process of endometriosis and due to release of cytokines and other chemical agents which interfere with reproduction are chronic pelvic pains and endometriomas (large cysts). All these defects might be related to treatment procedure such as hormone treatment which might result in release of the said chemicals and some medical implants done during surgery which may block gastrointestinal tracts. Generally the referred red flags are the age, severity of the disease, genetics and probably the reoccurrence of the disease as a complication. (Storck 2 011, p. 1) Hormone treatment: Hormone treatment is done to improve symptoms such as painful menstruations, painful intercourse and painful pelvic by suppressing endometriosis. The drugs administered t break the cycle of incentive and bleeding includes progesterone pills or injections, gonadotropin and danazol (Stops the production of estrogen by the ovaries), contraceptive pills (prescribed for mild endometriosis in young women), and mirena coil (reduces the amount of blood flow during menstruation), (Tulandi & Redwine 2004, p. 31). Surgery can be pelvic

Contemporary social work needs to be understood within an Essay

Contemporary social work needs to be understood within an organisational context (discuss) - Essay Example was revamped completely in 1970s and all health and social care institutions work under this body and thus improvement of NHS refers to improvement of all such institutions. In the 2004 plan, it was made clear that government wanted to bring comprehensive changes to social care bodies in the country by focusing on three major areas: It was felt that social care organizations were suffering from lack of proper targets. It was also found that NHS cannot possibly work as one huge organization if all the institutions working under it did not have uniform standards and targets. Thus a need for felt to shift the focus from national to organizational improvement where: When we see a body as an organization, we need to define its culture as well. It is the culture of the organization which governs all its actions and directs its efforts. By treating NHS as an organization that has some values and goals, we seek to build a culture for it which can be followed by all the agencies working under it. Organizational culture is defined as â€Å"the pattern of shared values and beliefs that helps individuals understand organizational functioning and thus provides them with the norms for behavior in the organization.† (Deshpande, Webster, 1989) From the definition it is clear that organizational culture is directly connected with values that a firm has. If the firm believes in providing good service and attaining customer satisfaction, it would make it a point to have all its employees follow the same belief. They would all then seek to satisfy the customer by providing best possible care and service. Similarly in an organization where culture of let hargy, tardiness and hypocrisy is prevalent, employees would all be seen adhering to the same values. Culture is thus very important and by reforming NHS and assigning it goals, values and targets, the government seeks to create a culture of productivity and efficiency which would ultimately affect all social care agencies working

Ideologies And Their Work In A Media Text Essay

Ideologies And Their Work In A Media Text - Essay Example Public speaking is a very powerful tool that can be used either to break down or build ideologies; this makes the media a source of ideological thought. The news story framing can form ideologies through what is both left out and present in a story (Grayantes & Murphy, 2010, p.165). Ideology has mostly been used by the politicians to change how people reason and the people believed to be right. This has been seen as most of the votes prefer other candidates to other for being convinced in believing in an idea (Grossberg, 2005). The lifestyle magazine content has relied on affected the people dressing code, and there living style. It is very important to understand that most of the products of the mass media ideological analysis majorly focus on the content of the message (Johnson & Milani, 2010). These are mainly the stories they narrate about the present and the past and instead of those stories effect. The mass media text ideological term of understanding is that is a type of communication that gives privilege to certain ideas while undermining others. Media text has a different perspective of ideology representing interests that are different with a power that is not the same involved in a type of power struggle within media text. Some idea will have an advantage over others because they are always built in a familiar media image or are known to be very popular. Other ideas will not be easy to identifying as they are not that visible and will only be identified by those people who are very devoted. The way in which media use the lifestyle magazine to advertise (Okonkwo & Palgrave 2007) or inform the public about certain issues provides the form of the principle of public dialogue by which the conflict of culture is  waged.

The Environmental and Personal Factors for Emily’s Tragedy Essay Example for Free

The Environmental and Personal Factors for Emily’s Tragedy Essay Emily’s tragedy results from not only her personality and psychology, but also the environmental and other external factors, which can be the last to ignore. This paper will make an analysis of the external and internal factors for Emily’s Tragedy. Key Words: environment, personality, tragedy, a rose for Emily. The environmental factors: the background and alien strangers First of all, after the civil war in the United States, Grison family still remained an aloof concept of elevate social status. Family s shaikh also as Emilys father was a seriously patriarchal tendency person. He was fastidious about his daughter’s marriage and drove away all the men showing love to Emily to preserve the status and dignity. â€Å"When she got thirty and was still single†. Obviously, both her body and mind were enslaved by her father’s traditional concept. Therefore, she felt released when her father was dead, and there was no â€Å"trace of grief on her face†. Raised up under the paternalism and strict education, Emily developed a strong dependence on her father and a hidden pent-up brutality inside her, which explains that Emily tried to hide her father’s corpse. And that’s why after her fathers death, owning nothing, Emily ignored the concept of common customs and soon fell in love with a young man called Homer who came to town to build the rail way from north. This gave Emilys dull and stuffy life a little warm color. After Emily’s father’s death, the meddlesome neighbors and some state agents became the leading external influence on Emily’s tragedy. After the Civil War common mind of the south people to the traditional south culture had changed as generations shifted. Miss Emily Grierson who kept haunting in the past phantom image became a topic in the neighborhood naturally. The old generation regarded Emily as the tradition, obligation, even a monument, revealing a nostalgic emotion to the traditional culture that was gradually fading away. But this condition changed when it came to the next generation of residents. The old colonel’s preventing Emilys tax revealed the old generations attention to vulnerable group, while the new alcalde and senators were dissatisfied with this. The neighbors became indifferent and sympathetic about Emily’s refusing to accept the era’s transmutation, and they tried all means to interrupt her love story and looked at her strangely. To some degree, they led to thoroughly closing down between Emily and outside world. The personal factors: excessive self-esteem and sense of controlling The strong self-esteem and arrogance as a noble lady existed in Emily’s whole life until her death. She was an embodiment of the south, the old and the tradition. At the very beginning of the story, the author recounted the decoration of her house which was always kept in 1870s style and never changed any more. Besides, she was so obstinate that even when the new government compelled taxes on her she just refused it and ridiculously mentioned the colonel who had been dead for almost ten years. She kept the traditional view all the way, and resisted to follow the inevitable times, which in fact she was protecting her poor dignity and glory by indulging herself in the past. At the same time, Emily was determined woman. Regardless of others’ criticism, she insisted on marrying a northerner whose social position was apparently lower than hers. It seemed that she was challenging traditions, but as a matter of fact, she didn’t mean to disobey the convention. When the man felt tired of her and was about to say farewell, Emily made love â€Å"eternity† in her own way. She captured her lover and the love was treated with â€Å"honor†. Emily’s personal creatures were particularly magnified in her love affair with the northerner. A southern lady married a Yankee laborer. Nothing could be better than that to rebel against the forceful external society and identify her self-being. She had a strong desire to control something important to her so that she could prove her nobility. whether there was true love or not. She locked Homer’s dead body in a well-decorated rosy room and lived through the rest of her life with Homer’s corpse. It seemed that it was better to rule in hell than serve in heaven. Conclusion:Family background, social environment, and her own â€Å"glorious isolation†, all of which resulted in Emily’s tragedy. However, the tragedy is not contemptible at all; on the contrary, it reflects the author’s deep sympathy for the poor lady who held the old-fashioned principle but still felt honored. William Faulkner once said, â€Å"A Rose for Emily was an allegoric title; the meaning was, here was a woman who had had a tragedy, an irrevocable tragedy and nothing could be done about it, and I pitied her and this was a salute to a woman you would hand a rose†. Tragedy as it is, Emily stands for an old but glorious era.

Effects of Ethical Conflicts in Business

Effects of Ethical Conflicts in Business Ethical Relativism or Imperialism: The Effects of Ethical Conflicts on Top Manager Behavior under Host Country Context and International Joint Venture Performance. Defined by Shenkar Zeira (1987); Ren et.al (2009), international joint ventures (IJVs) are jointly owned organizational entities by two or more legally distinct organizations, in which the headquarters of at least one is located outside the country of operation of the entity. Alliance literature suggests that the ability to bridge cultural differences is often found important to the success of IJVs and the lack of such ability is a major contributor to failure (Yan Luo, 2016). Among various dimensions of cultural differences, cross-cultural ethical conflicts have a great influence when two firms from different countries manage an IJV together, because what is considered an unacceptable practice in a Western context because core principles would be violated, may be acceptable in another because those core principles would not be violated e.g. monetary gift giving (Irwin, 2012). So, how do top managers representing partners in an IJV reconcile these ethical conflicts under certain b oundary conditions, and how does this type of reconciliation influence strategic decision-making and eventually affect IJV performance? Prior research has shown that the cultural differences between alliance partners play a pivotal role in affecting alliance performance (Boyd Webb, 2008). Culture differences between joint venture partners have usually been considered a major factor that might influence venture failure or unsatisfactory performance (Cartwright Cooper, 1993). Among various forms of alliance, IJVs are particularly susceptible to damage by cultural differences because top managers representing different cultures must work in concert to achieve mutual goals in IJVs, and the strength and success of an IJV rest on the interactions of its people (Yan Luo, 2016). Previous research has focused on cultural differences in strategic alliance from national and organizational levels (Sirmon Lane, 2004). E.g. Homburg Pflesser (2000) argue that there are various dimensions to any alliance partners organizational culture including shared values, norms and artifacts. Besides looking at analyses of national and organization levels, a few research has explored how individual level factors affect IJV performance. For example, Leung et al., (2013) argue that top management trust influences IJV performance. Yet the impact of ethical conflicts at individual level under certain boundary conditions on IJV performance remains largely undeveloped.   Do top managers representing partners in IJVs show different patterns of behavior in different countries? How do ethical conflicts affect the decision-making behavior of top managers and in turn influence IJV performance? Considering the important managerial implications, the author addresses these questions by drawing on ethical relativism theory. According to conventional ethical relativism, what is right for you as an individual depends upon what your culture thinks is right for you (Beebe, 2003). Therefore, the author contends that among top managers who hold higher standards of ethics, ethical relat ivism will be triggered under lax host country regulations, which means the managers will compromise to fit in host business context which might facilitate IJV performance. Reversely, ethical imperialism will be triggered in response to more stringent host country regulations, which means the managers will maintain high standards of ethics to avoid breach of regulations which might damage IJV performance. In this article, I strive to explore the dynamic relationship of individual level reaction of decision-making, which is elicited by ethical conflicts under host country regulations and the impact on IJV performance. By providing theoretical and practical insights, I propose that the association between cross-cultural ethical conflicts and top manager ethical relativism/imperialism is moderated by host country regulations, and the reaction of top manager decision-making will in turn influence IJV performance. I test my hypotheses by conducting a survey on top managers and their direct staff working for IJVs, formed by Sino-US firms which operate either in China or in the U.S. The contribution of this research is twofold. First, the present research contributes to the knowledge of culture differences and alliance literature at the individual level by revealing that ethical conflicts affect top manager behavior in IJVs under certain boundary conditions. Second, the present research contributes to the managerial practices considering that ethical conflicts elicit the altering of strategic decision-making of IJV top managers towards ethical relativism or ethical imperialism contingent upon how lax or stringent host country regulations are. The managerial implications of the results will help top management team members better understand the impact of ethical conflicts and the possible options when forming and managing IJVs under certain business contexts. References       Boyd, D. E. and K. L. Webb (2008). Interorganizational ethical conflict within alliances: A conceptual framework and research propositions. Journal of Business-to-Business Marketing 15(1): 1-24. Cartwright, S. and C. L. Cooper (1993). The role of culture compatibility in successful organizational marriage. The Academy of Management Executive 7(2): 57-70. Homburg, C. and C. Pflesser (2000). A multiple-layer model of market-oriented organizational culture: Measurement issues and performance outcomes. Journal of marketing research 37(4): 449-462. Irwin, J. (2012). Doing business in China: An overview of ethical aspects. UK: Institute of Business Ethics. James R. Beebe. Ethical Relativism. University at Buffalo, Copyright 2003. Pothukuchi, V., et al. (2002). National and organizational culture differences and international joint venture performance. Journal of International Business Studies 33(2): 243-265. Ren, H., et al. (2009). Performance of international joint ventures: what factors really make a difference and how? Journal of Management 35(3): 805-832. Shenkar, O. and Y. Zeira (1987). International joint ventures: Implications for organisation development. Personnel Review 16(1): 30-37. Sirmon, D. G. and P. J. Lane (2004). A model of cultural differences and international alliance performance. Journal of International Business Studies 35(4): 306-319. Yan, A. and Y. Luo (2016). International joint ventures: Theory and practice, Routledge. Wai On, L., et al. (2013). Top management team trust, behavioral integration and the performance of international joint ventures. Journal of Asia Business Studies 7(2): 99-122.

Modern Allusions Of Shakespeares Romeo And Juliet Film Studies Essay

Modern Allusions Of Shakespeares Romeo And Juliet Film Studies Essay Shakespeares play Romeo and Juliet models a traditional love story for todays entertainment. Romeo and Juliet chronicles the feuding between the Montague and Capulet families. The intense rivalry between these two families forbade any interactions between their members. Romeo and Juliet were both in attendance at a party and as their eyes met across the ballroom, Romeo and Juliet experienced love at first sight. Their love was deep and forbidden, yet the young lovers secretly married. The continued feuding between their families drove Romeo and Juliet to their untimely deaths. Modern music, TV shows, and movies frequently use allusions from Shakespeares Romeo and Juliet. Whether the story of the young lovers is portrayed on television, film, Broadway, or in music lyrics, people have always enjoyed the story of Romeo and Juliet. Themes including forbidden love, destiny and time, and the forcefulness of love are influential in the creation of new, up-to-date productions. Perhaps the one theme that no one can forget is the forbidden love of star-crossed lovers. Most creations in todays entertainment depict the illicit love between two young people from rival groups. During the Renaissance period, attending afternoon plays was a popular pastime. Now that technology plays such a major role in entertainment, our new favorite activity is watching television in the comfort of our own homes. Numerous television shows have made references in their programs to Romeo and Juliet. Popular shows targeted at todays youth including: Hey Arnold!, Family Matters, Neds Declassified School Survival Guide, Hannah Montana, and The Brady Bunch, have all showcased Romeo and Juliet as a school play. Typically the television shows main character earns the role of either Romeo or Juliet, depending on his or her gender. The opposing love interest role is played by a passionate character that appears to have a crush on the main character. By creating these episodes, the writers and producers help remind viewers of the tragic love story of Romeo and Juliet. Music plays a prominent role in many cultures throughout the world. The lyrics of much of todays popular music, focuses on love, relationships, and lifes struggles. Shakespeares Romeo and Juliet also demonstrates these same topics. The tragic love story of Romeo and Juliet is recounted in the lyrics of artists including, Taylor Swift and the Dire Straits. In the song Love Story, Taylor Swift recites the story of Romeo and Juliet throughout her lyrics. She sings, We were both young when I first saw you/ I close my eyes, And the flashback starts/Im standing there / On a balcony in summer air/ See the lights, See the party, the ball gowns /I see you make your way through the crowd/ And say hello/ little did I knowà ¢Ã¢â€š ¬Ã‚ ¦. Taylor Swift grasped the tragic story of love lost and fashioned it into her own song. Romeo and Juliet by the Dire Straits translates Shakespeares story into modern slang. The band sings, Juliet says, Hey, its Romeo, you nearly gave me a heart attack!, Hes underneath the window, shes singing, Hey la, my boyfriends back. You shouldnt come around here singing up to people like thatAnyway, what you gonna do about it?' Through their music, the Dire Straits recreate the balcony scene where Romeo and Juliet profess their love for one another. Several music artists have covered this song including, The Killers, The Indigo Girls, and Lisa Mitchell. Today, many artists refer to Romeo and Juliet for lyrical inspiration. The love story of Romeo and Juliet is frequently portrayed on the big screen and the stage. Cinematic productions such as The Ringer, West Side Story, Gnomeo and Juliet, The Baz Romeo and Juliet, and the Zeffereli version of Romeo and Juliet, utilize allusions from Shakespeares Romeo and Juliet. The Ringer is a movie about an average, working-class man who in an effort to repay a large debt to his friend, tampers with the Special Olympics and pretends that he is a special needs athlete. The movie showcases special needs athletes working together in their free time to produce their version of Romeo and Juliet for the stage. The play helps to solidify the relationship between the main character and his love interest. Gnomeo and Juliet is a computer animated movie that takes kids on a wild journey through the story of Romeo and Juliet. Gnomeo and Juliet is about two rivaling gnome families: the Montagues and the Capulets. The movie takes the general concepts of Romeo and Juliet and transforms it into a kid-friendly adventure that retells the basic story of Romeo and Juliet. West Side Story is about two gangs: the Puerto Rican Sharks and the rich, white Jets. The movie is set in New York City in the 1950s. The Sharks and the Jets are from different backgrounds which has caused a rivalry to form between the two groups. A love affair between members of each gang comes between the rivalry, as it did in Shakespeares Romeo and Juliet. The forbidden love results in feuding between the gangs. West Side Story has also been adapted for the main stage and remains in production both on and off Broadway. Shakespeares Romeo and Juliet continues to serve as a traditional love story which inspires artists to create and fashion their own unique interpretations through various forms of entertainment. Modern music, TV shows, and movies make frequent allusions to Shakespeares Romeo and Juliet as they showcase the themes of forbidden love, destiny and time, and the forcefulness of love.

Exploring Historical Causation :: World History

Exploring Historical Causation There is a large number of theories about what causes historical events to happen. And without doubt there are in fact many different kinds of causes. It seems to me that the danger lies in espousing any one particular type of cause to the exclusion of all others, for there can be few, if any, events of which it can truly be said that they had but one single cause. It will however be interesting to see whether we can find any common thread running through or underlying some of these theories. Let me clear one bit of undergrowth before going further. Many of the views and arguments about historical causation bear a strong resemblance to arguments about free will and determinism. It is not possible totally to isolate a discussion of historical causes from this wider question, but it will be helpful if we concentrate our minds on the matter of likely or demonstrable reasons why certain things happened, and as far as we are able, avoid a tendency to collapse the argument back into any views we may hold on determinism. In offering this warning, I am encouraged by E H Carr's comment that arguments about accident in history are not to be confused with arguments about determinism. What then have historians and philosophers of history thought were the factors in historical causation? There are the big ideas of history, which we might call Great Causes. The list is long. There is the Will of God; the cyclical nature of history; the iterative Hegelian process by which Man moves progressively towards the ideal state of liberty and self-awareness; similar ideas in Eastern philosophy; the Marxist economic variant of Hegel's ideas; the everlasting law of the Stoics; Adam Smith's "invisible hand"; blind Darwinian evolution; Montesquieu's belief that history is the result of geography and climate. And there is chaos theory; while this is in large measure about endless random happenings, they are nonetheless supposed to be contained within some overall scheme. The flap of a butterfly's wings may result in a hurricane a week later, but according to the theory, that is to be seen as a random event which triggers off something taking place within this wider context. It is not difficult to ridicule rigid interpretations of Great Causes, and Bertrand Russell memorably did so when he traced the cause of industrialism back by way of Galileo and Copernicus, of the Renaissance, the fall of Constantinople and the migration of the Turks, to the dessication of Central Asia.

Microsoft: Thank Goodness it is a Monopoly Essay -- essays papers

Microsoft: Thank Goodness it is a Monopoly Many people, with the government are trying to label Microsoft as a monopoly. Why is there any delay going around doing that? There is no reason to brand Microsoft as a monopoly. There is part of monopolistic competition and supply-demand acting on this case. The whole trial is about the free internet browser, Internet Explorer, that Microsoft gives out free and includes with its Operating system, Windows. Netscape does the same marketing of its product except that it does not have any operating system to sell with. Netscape is a relatively older browser and prior to Internet Explorer, there was only one browser, Netscape. There have been innumerous upgrades and newer versions of these browsers since Internet Explorer’s launch in the market. The computer industry is very volatile in itself. Any literate programmer could develop better operating system or browser in the near future. If his/her product is good and he/she have proper marketing available he/she could become the next monopolistic. The industry itself changes with its needs. Innumerous companies in the past have enjoyed monopolist markets like IBM, Intel, and AT&T. As of today, these past â€Å"monopolists† are a part of the industry and no longer are monopolists. No firm can restrict the entry of any other firm into this field (at least of free browsers) except by direct interference and/or by merging, to which there are anti trust laws restricting those ac...

Value Based Leader

PSC- 410 Servant Leadership Value-Based Leadership: Challenges and Opportunity A Value Based Leader is someone that align an organization’s values, mission, and processes into one standard style of management. Although a Value-Based Leader has the mission of the organization in mind when developing a strategy plan he or she will still face challenges. There are six challenges in which today’s organizations face and they are Technology, Ethics, Globalization, Knowledge, Diversity and Change. I would like to focus on two challenges faced by leaders today which are Change and Technology.The core values of a leader within an organization often establish the pattern of the employees in which he or she will lead. Robert McDonald, COO of Proctor and Gamble, believes that it is important for a good Leaders to be a leader with purpose as well as character which could assist a leaders in dealing with today’s challenges. If a leader leads with a purpose for the organization , he or she will share a desire for a positive end result or set an attainable goal in which all involved will be determined to see the purpose fulfilled with maximum outcome.With Change so often an organization has to adjust to these changes in order to adapt to whatever changes that will affect the end results. Sometimes the change for an organization could be as major as a change in the economy or as simple as a change in a style trend. In a recent CNNMoney article fashion trend setter Abercrombie & Fitch had a fall out due to declining sales. It was suggested that the companies challenges were due to macroeconomic conditions.Abercrombie clients are trendy teenagers and Twitter followers which snub the company due to a fall out of a popular teen idle which resulted in a drop in sales and a desire for the popular clothing line. It’s amazing that something as simple as a twit could affect the increase or decline in sales of a major organization. In this case, a Value-Based l eader would have to adjust to this change by assessing the current strategy, vision and the mission of the organization to better understand and support the changing trend of the current market.It’s not always easy to continue to do business as usual when the market has shifted but the organization has failed to adjust to these changes. This will have negative fallout for any company not willing to adjust and adapt. In the case of Abercrombie & Fitch, the role of a Servant Leader in this organization could be a benefit because the Servant leader would have the potential add value to this organization to ensure the success of the stakeholder by developing a new strategy plan.The twenty first century competency that would use in this situation would be a person with Cognitive skills and ability such as oral communication and to be able to solve the problems between Abercrombie and the needs of the changing market. Another challenge faced by today’s Value-Based Leadership is Technology. Technology could be defined in various ways within an organization to include Information Technology, cell phones, barcode scanners as well as DVD recorders. Technology within an organization has greatly improved the performance, productive and communication.Although technology has improved the way we do business it has not been without its challenges. Recently, several organizations have fallen victim to cyber-attacks by pranksters, criminal syndicates or foreign governmental agencies. Companies spend billions of dollars in security software in an attempt to secure their company’s information and the information of its customers. The growth or decline of an organization could increase or decrease if a company is exposed due to the lack of proper security policies.A Value-Based Leader would have to devise a stagey to review the company’s policies and procedures in order to prevent such things from happening. Although, security breaches are a growing tre nd within business it’s how the leadership of an organization handle these matters could define the direction in which the organization could take in the fall out. Most Competency Based leaders have an understanding of the mission of an organization and the things may lack can most often be taught or learned over the course of time.The focus is on the need of the organization based on goal set by management which could be totally focused on customer service or employee relations. In the newest challenges of an organization, the ability to adjust the changing demands and needs of an organization is a defining trait of a good Value Based leader. I strongly believe that leaders who are chosen for their competencies could also demonstrate servant leadership qualities if this attribute is cultivated as well as the individual have a heart to serve.Service is often a matter of the heart and a person would have to walk in humility in order to truly be able to demonstrate servant lead ership qualities. So often in the corporate world, people are focused on the mission of the organization, output and quantity rather than quality. A servant leader focuses on the moral and well-being of their employees which can contribute to increase productivity, quality customer service and increase profits for an organization. A Competency-Based leader could be taught good interpersonal skills in order to learn to deal with the growing diversity of a workplace.This will help them to learn the qualities of service by learning to deal with different personality, attitudes and cultures. I believe Servant Leadership is something that has the possibility to be taught to people with other leadership styles if they are truly open to learn how to serve. References Catherine Tymkiw (2012). Abercrombie & Fitch falls out of fashion, CNNMONEY Retrieved from www. cnn. com/ money Nicole Perlroth and Evenly Ruslie (2012) Security Start-Ups Catch Fancy of Investors (P. A. ) Retrieved from www. newyorktimes. com

Fashion for a cause Essay

Having a ribbon on your outfit to support a cause is a thing of past. Today a brand needs to be more deeply involved with different social causes as well as provide us with fashionable clothes. But what is the primary motivation for a buyer in this scenario? Does he buy such products because he wants to support the social cause behind it or because of the product itself and the brand name it carries? Is it just a onetime buy? Is the consumer completely aware about the social concern the product is working for? Are the Indian customers ready to adopt such brands? Objectives 1. To understand if there is a direct relationship between the social concern factor and the brand equity of the product. 2. To know the primary motivation of the buyer of such brands. 3. To check the brand loyalty of these consumers for such brands. 4. To check if the consumers are aware of the social concern around which the product is being promoted. 5. To check if the consumers in India are ready to adopt such social brands. 2 CHAPTER 2 3 Review of Literature (Fernandez, 2013) ‘It is not how much we give, but how much love we put into giving,’ wise words by Mother Teresa. In today’s world that is fuelled by money, it is endearing to find people who try to fuel the world with love – and so, it is in this nature that companies have started to verge toward campaigns themed with more ‘selfless giving‘. In the past few years there have been a trend towards various noble causes: charity events, concerts, and other philanthropic endeavours brought about by various companies in a number of industries. There are also a wide a number of advocacies that include: AIDS, HIV, cancer, global warming, gay rights, and many others, in need of charitable donations. And while the whole idea of fashion-brands-going-the-extra-mile-for-a-better-cause may give us the warm feeling and a restored faith in humanity, there is still that quiet looming reminder that in the world of business, nothing comes free. (Times of India, 2013) Fashion may be used to promote a cause, for example, to promote healthy behaviour, to raise money for a cancer cure, to raise money for local charities, for example a Juvenile Protective Association, (Martin, 2013) or to raise donations for a children’s hospitals. (Sultan, 2011) â€Å"Most people do not take the time to donate to the charities yet a small donation can make a very big difference in another person’s life. The most important aspect of donating to charity is the fact that you will be helping out a needy person get basic human necessities improving a life in the process. † In today’s busy life not many people take out time to make donations and do charity work but everyone has time to buy new clothes and if buying these clothes can help someone in need wouldn’t that be worth it? (Singh, 2013) â€Å"The global appeal and charitable nature of stores like Being Human not only gives a unique shopping experience to the customers, but also gives them satisfaction of doing good. † The idea of following a film star always appeals to the masses. (Khan, 2013) â€Å"All fashion labels are about looking good, Being Human is also about doing good. † (Beig, 2013) â€Å"Wearing Being Human means you ‘look good, do good’ because you help people by the simple act of slipping on your clothes every day. † (Mandhana, 2013) â€Å"The ‘Being Human’ line is designed to offer comfort, quality and style while supporting an endeavour of good cause. † (Chase, 2009) In a study of how a clothing brand’s affiliation with a social cause would affect buyer’s spending habits the research team conducted a survey of â€Å"Generation Y† college students to find out how their support of an existing line of apparel, 7 For All Mankind, might change should the brand begin campaigning with, say, Breast Cancer Awareness. The study reported that both college men and women would hold such brands to a higher esteem in general, and 89% would likely switch from Brand A to Brand B if Brand B was associated with a socially/environmentally focused cause (assuming price and quality are held constant). Additionally, 72. 4% stated they had intentionally purchased a brand name product due to the fact that the brand was affiliated with a cause they agreed with. 4 (Markson, 2012) Purpose is being integrated into marketing efforts in more concerted ways and with favourable consumer response. According to Markson, the marketing world is coming to an understanding that purpose must carry as much weight in crafting an effective ad campaign as the traditional â€Å"Four P’s of Marketing†: Price, Placement, Product and Promotion. In the United States, after quality and price, social purpose (at 47 percent) ranks higher as a purchase motivator than brand loyalty (27 percent) and design and innovation (26 percent). In addition, if a brand of similar quality supports a good cause, 75 percent of consumers claim they would buy it and 76 percent claim they would recommend and share positive experiences about such a brand. Sixty-two percent of U. S. consumers say they would also switch brands if a brand of similar quality supported a good cause. Finally, U. S. consumers’ willingness to actually promote a brand that supports a good cause jumped 19 percent from 2008 (47 percent) to 2010 (66 percent). (Barkley Cause Survey, 2010) A full 88 percent of American men say it is important for a brand to support a cause. Such a finding points to a new masculine ideal taking hold, an evolution beyond the bad-boy tough guy ideal. American men are comfortable with having a good heart. Maybe they don’t want to wear it on their sleeve. But they do want to contribute through their purchases, and in fact a majority demands it, 55 percent of men said they would switch brands from a company that did not support a cause to one that did. (Storm, 2013) Fashion is fun, but sometimes it’s more than that. Certain brands answer to a higher calling than simply making shoppers look fabulous and consumers seem willing to pay extra for it. According to Nielsen’s Global Corporate Citizenship Survey, 46 percent of consumers are willing to pay more for products and services from companies that give back to society. (Nielsen, 2012) New findings from a Nielsen survey of more than 28,000 online respondents from 56 countries around the world provide fresh insights to help businesses better understand the right audience for cause marketers, which programs resonate most strongly with this audience, and what marketing methods may be most effective in reaching these consumers. In the study, respondents were asked if they prefer to buy products and services from companies that implement programs that give back to society. Anticipating a positive response bias, respondents were also asked whether they would be willing to pay extra for those services. For the purposes of this study, Nielsen defines the â€Å"socially conscious consumer† as those who say they would be willing to pay the extra. Two thirds (66%) of consumers around the world say they prefer to buy products and services from companies that have implemented programs to give back to society. That preference extends to other matters, too: they prefer to work for these companies (62%), and invest in these companies (59%). A smaller share, but still nearly half (46%) say they are willing to pay extra for products and services from these companies. These are the â€Å"socially conscious consumers,† as defined by and focused upon in this report. Sixty three percent of global, socially-conscious consumers are under age 40, they consult social media when making purchase decisions and are most concerned about environmental, educational and hunger causes, according to a new study from Nielsen, a leading global provider of information and insights into what consumers watch and buy. 5 6 Few of the brands I came across during my research: 2. 1 Sseko Designs Mission and Impact on Sseko Designs official webpage: Sseko Designs uses fashion to provide employment and scholarship opportunities to women pursuing their dreams and overcoming poverty. To date, they’ve enabled 33 to continue on to University. They provide employment (along with access to a comprehensive social impact program) to their team of 45 women in Uganda. And they do it all through a financially selfsustaining model. Issue 1: Female students, due to a lack of economic opportunity, are not able to continue on to university and pursue leadership positions in society. Solution 1: Sseko Designs provides employment during the 9 month gap between high school and university where high potential young women are able to earn and save enough money to pay for college tuition. 50% of their salary each month goes into a savings account that is not accessible until tuition is due. This ensures that their income goes towards education. This also protects the women in the program from the social pressure they often feel from their families to give away the money they are earning which can perpetuate the cycle of poverty. At the end of each term, Sseko Designs grants university scholarships that match up to 100% of the savings each woman has made during her 9 month session with Sseko. Issue 2: In a patriarchal and male dominated society, women are not afforded the same employment and economic opportunities as their male counterparts. Although 66% of the world’s labour is done by women, they own less than 1% of the world’s assets. As long as women are not afforded educational and professional equality, extreme poverty will continue to exist. Solution 2: For every dollar a women in a developing economy earn, she will reinvest 90% of it into her family. Empower a woman and you empower an entire community. In addition to providing employment to women working their way towards university, Sseko partners with women from all walks of life. Sseko employs university graduates who comprise the upper level management team. These are women that use their education, experience and voice to help shape their company. Sseko also works to provide employment for women who have aged out of the education system and have no other form of income generation. They partner with a local non-profit in Uganda that works with young women who have recently come out of the commercial sex industry. Providing stable, dignifying and fair wage employment is a key component to keeping women from entering back into prostitution. They believe that every woman has the capacity to end the cycle of poverty and that it can be done in a way that is fair, dignifying, honouring and life-giving. Issue 3: Although charities and non-profits play a vital and necessary role in all societies, sometimes charity and aid can play a negative role by enabling dependencies and damaging the local economies. Like any of us, our African friends need and desire opportunity, dignity, job creation and empowerment. Solution 3: Instead of treating the symptoms, they aim to address the deeper, underlying issues of extreme poverty. Although Sseko Designs has been built for the purpose of impacting a 7 specific social sector, they have chosen very intentionally to use a sustainable, self-sufficient business model to do this. Their hope is to help create industry and fair-trade with the belief that a large component of economic development lies in the business sector. They believe in the power of responsible consumerism. Instead of competing for limited donor dollars, they hope consumers will think about the story behind their â€Å"stuff. † If they considered the impact that each product they consume has on the lives of those who produced that product and chose to see consumerism as a force and opportunity for positive social change, they believe the world would be filled with beautiful products with even more beautiful stories. 2. 2 World Clothes Line Everyone loves the smell of a clean t-shirt. Or the feeling of a new sweatshirt, soft. Or the look of a brand new outfit, confident and ready to conquer the day. Yet every day, millions of people around the world do not have a clean change of clothes. No options. No choice. World Clothes Line is dedicated to helping them. World Clothes Line will match every item sold with a new item for someone in need. Therefore, when customers purchase merchandise for themselves, they also provide clothing for others. In January 2010, World Clothes Line was born. 2. 2. 1 Their Vision As given in their name, their vision is to clothe the world. At World Clothes Line, they give clothes to people who need them. Through the generosity of their customers and dedication of their team, they hope to spread their message and continually help others. Their â€Å"shoot for the stars† goal is to create an active clothing collection for every country of the world. 2. 2. 2 Their Clothes Their styles are basic: t-shirts, sweatshirts, pants. Their main concerns are functionality, protection, and comfort. The designs are unique. They find that most people are inspired by the world. Every World Clothes Line collection is designed specifically to reflect its country’s people and culture. World Clothes Line is a socially conscious brand. All items are manufactured sweatshop-free at fair wages with environmentally-friendly practices. 8 2. 2. 3 Why Clothes? Clothing is one of our most basic needs. It ranks among air, food, water, and shelter. Clothing provides protection from the elements, reducing the effects of sun exposure, wind rash, and frostbite. It also provides defence against diseases, many of which are spread through mosquitoes and other insect bites. Proper clothing contributes to cleanliness, comfort, ease of movement and overall health. The simple act of changing and washing clothes can prevent infection, chafing, skin disorders and the spreading of viruses. However, in cases of extreme poverty, clothing is often one of the first needs to be ignored. Statistically, more than one billion people in the world live on less than one dollar a day. Almost 2. 7 billion people (that’s 40% of our population) survive on less than two dollars per day. In such circumstances, daily necessities like food and water take top priority. Clothing, which can be reworn, therefore is reworn. Day after day. After day†¦ At World Clothes Line, they make clothes their number one priority. 2. 3 No One Without N. O. W: One At A Time No One Without water is their non-stop mission. Every product in a purchase provides clean water to one person for 25 years through a concrete Bio-sand filtration system and their partnership with Thirst Relief International. Studies have proven that these filters effectively remove more than 90% of bacteria and 100% of the parasites found in untreated water. Nearly one billion people lack access to clean water and each year 2. 5 million people die from contaminated water, 90% are under 5 years old. The World Health Organization has declared a worldwide water crisis among the world’s poorest people. Society has conditioned us to be overwhelmed with statistics and the quantity of need in the world. The easy thought process is to say â€Å"there’s too much and I’m only one person†. By taking one step at a time, one day at a time, one person at a time, they’re breaking down numbers and they believe in the power of one. 9 No One Without has aligned themselves with the Thirst Relief mission: â€Å"To overcome death and disease resulting from the consumption of contaminated water by providing safe, clean water to those in need around the world. † 2. 3. 1 Why Water? The solution to the clean drinking water need is found in the concrete Bio-sand filter. The Biosand filter has the ability to produce safe, clean drinking water from both contaminated surface water, and ground water sources. As a result, the simple yet affective technology provides a long-term, sustainable and economical drinking water solution to those in poverty stricken areas around the world. Thirst Relief International currently has Bio-sand filter placements in Brazil, Cameroon, Kenya, Rwanda, Tanzania, and Uganda. No One Without will follow Thirst Relief International around the globe on the quest for clean water. 10 2. 4 TOMS In 2006, American traveller Blake Mycoskie befriended children in a village in Argentina and found they had no shoes to protect their feet. Wanting to help, he created TOMS, a company that would match every pair of shoes purchased with a pair of new shoes given to a child in need. One for One. Realizing this movement could serve other basic needs, TOMS Eyewear was launched. With every pair purchased, TOMS will help give sight to a person in need. One for One. Over the past seven years, they’ve listened and learned with every pair of new shoes given. With the support of their amazing network of Giving Partners and the continued support of their community, they’ve reached this major milestone and proven that business can fuel good and sustain giving. They have seen remarkable results with shoe giving. Shoes are helping improve school attendance and enrolment. They’re combined with screenings to combat malnutrition. They’re given in conjunction with medication to fight hookworm. Further, their model is one that can work beyond shoes. Since they launched TOMS Eyewear, they’ve helped restore sight to more than 150,000 individuals around the world. And they look forward to finding new ways to help others. They currently make Giving Pairs in Ethiopia, Kenya, Argentina and China. Within two years, they will produce one third of their Giving Shoes in the regions where they give them. By producing more shoes locally they will create and support jobs in places where they are needed. They are testing production in India and are looking to expand manufacturing in Africa and other regions. In Haiti, they are in the early stages of getting production off the ground. They’ve also partnered with local artists to create a line of hand-painted shoes for their customers – helping create and support jobs in a place where they also give. And they’re looking to offer more styles that feature locally produced textiles. Their sight giving empowers communities and supports sustainable eye-care organizations in the developing world. They work with locally based organizations that train residents to provide professional care. So it’s an investment in clinics, people and even local jobs. 11 2. 5 Common Threadz Common Threadz is a non-profit organization helping orphans & vulnerable children in developing nations to reach their full potential through the empowerment of the children, their caretakers & the local grass roots community organizations that support them. 2. 5. 1 School Uniforms for Orphans & Vulnerable Children This was the first initiative that Common Threadz created in 2008. For every t-shirt or bracelet that they sell from their Shop to Help Store, they give a school uniform to an orphan or vulnerable child (OVC) so they can go to, or stay in school. Some of the children they care for had been refused schooling for not being able to afford a uniform. Uniforms are a requirement in most schools in Africa and they want to make sure that all these children have the chance to go to school, make friends and learn so that they can reach their full potential. Since the inception of this program, hundreds of uniforms have been handed over to OVC’s. Typically a uniform will last a year and so there is an ongoing need for uniforms. As the caregivers they continuously work to identify the OVC’s in need and as support for this program grows, they plan to hand over many more uniforms in the future. 2. 5. 2 Orphan and Vulnerable Children (OVC) Mentor Program They currently operate a mentor program in Obanjeni, South Africa. This program teams responsible and employed adults from the local community with orphans and vulnerable children (OVC’s) as role models on a one-to-one basis. Each of their mentors supports many children, meeting with each child for at least one hour per week. The mentors spend time helping with homework, chatting about personal hygiene, advising on healthy lifestyles and most of all, listening to the child. In some cases these mentors have come back to them to report abuse and a child has had to be moved to a place of safety and the police and social workers are called in. The mentors are their ears and eyes in the community. The program has rolled out with many young children and teenagers benefiting greatly. Still in its infancy, this program has been a great success and will be replicated and expanded moving forward. 2. 5. 3 The Feeding Program Common Threadz provides the funding and nutritional guidance for grassroots non-profit organizations in rural South Africa, such as Siyathuthuka Obanjeni, to provide daily meals to over 200 orphans and vulnerable children (OVC’s) that they have identified in the area. Proper nutrition is a fundamental need for the children to grow and learn and although the government says that it’s a child’s right not to go hungry, this is far from the reality for many thousands of children in South Africa. This program has grown from its inception last year when caregivers began to cook three meals a week for children after school. Now an employed cook prepares a cooked meal every day for the children to eat after school and in April 2010 they started to provide high protein porridge for the children to eat on their way to school, as the teachers have indicated that it is very difficult for the children to concentrate when they are hungry. 12 Once again this program has much room to expand and reach many more needy OVC’s but it would not be possible without the support of their customers. 2. 5. 4 Shoes for Kids This program complements the School Uniforms Programme by providing new school shoes to barefoot children in need, namely orphans and vulnerable children (OVC’s). School uniforms might give these children entrance to school, however many of them walk for up to four hours a day to go to school barefoot. A new pair of school shoes is usually the only new pair of shoes most of these children will ever receive and for most of them it will be the only pair of shoes they will own. All it takes is $10 to provide an OVC with a new pair of shoes so that they can go to school with confidence. 2. 6 Threads for Thought What began as a small business manufacturing and marketing graphic tee shirts that were made exclusively from organic cotton, gave back to charity, and promoted a cleaner environment, or advocated for peace, has grown into a complete lifestyle brand. They have never deviated from their primary mission, to promote a sense of responsibility for those who share this world with us, but rather than simply broadcasting that message on the front of tee shirts, the company has incorporated those principles into their very existence. 2. 6. 1 How their threads are sustainable Threads 4 Thought fabrics are made using the most sustainable materials possible such as organically grown cotton and polyester derived from recycled water bottles. Their fabrics are dyed using low impact dyes whenever possible & often the water used in the dye process is purified and then reused rather than being discarded. 13 2. 6. 2 Organic Cotton vs. Conventional Cotton ? ? ? ? ? ? ? Organic cotton is 90% less toxic than conventional cotton. Conventional cotton crops use more than 25% of all the insecticides in the world and 12% of all the pesticides while growing on only 2. 5 % of cultivated lands in the world. Organic cotton uses untreated seeds that are never genetically modified while conventional cotton uses genetically modified seeds, hurting the crops & soil over time. Organic Cotton plants stay strong through crop rotation and retain water efficiently due to increased organic matter in the soil. Conventional cotton plants use synthetic fertilizers. Organic Cotton fields use seasonal freezes and water management for defoliation. Conventional cotton does this through the use of toxic chemicals. Weeds are physically removed by hand hoeing and cultivation. Farmers use beneficial insects and trap crops to control pests. Conventional cotton uses a toxic aerial spraying technique. 2. 6. 3 Turning Plastic into fashion 1. The plastics are sorted according to colour and SNV plastics. 2. Next, the plastic goes through a sterilization process. Then, it is dried and crushed into chips. Next, liquefaction occurs under high temperatures, as a mixture of the recycled chips and some new plastic from petroleum derivatives are melted together to form a smooth, syrup-like material. 3. The first threads are formed when the liquefied material is forced through holes and exposed to air. The hardened threads, called tow, then go through a strengthening process. 4. The â€Å"drawing† process strengthens the molecular bonds of the tow; the tow is pulled to double their size and then shrunken. 5. The threads then go through a dryer where they develop a woolly texture. The texture is inspected for strength and thickness, and then spun into a finer yarn that is then ready to be dyed and knit into fabric. 14 2. 7 147 Million Orphans Profits from 147 Million Orphans are directed to the 147 Million Orphans Foundation, where they are given to Love+ 1 Projects and feeding programs. The 147 Million Orphans Foundation was created to impact the lives of children through the provision of food, water, and medicine. They invest directly in projects that help provide these basic needs to those who desperately need it, and most of their projects occur in Haiti, Honduras, and Uganda. As with any good foundation you must lay one brick at a time. Whether that is a medical clinic in Haiti, homes in Honduras, Water Wells in Sudan, or a store house full of food for Uganda, they want to show the love of Christ. The rebuilding of the wall in Nehemiah was accomplished by people just doing their part and helping others to do theirs. The Love+ 1 projects are steps in rebuilding, and they would love for us to be a part of the rebuilding. 2. 7. 1 During 2012 and 2013, the Love+ 1 Projects Included: ? ? ? ? ? ? ? ? ? ? ? ? ? ? Provided funding for over 100,000 meals for children in Uganda, Haiti, and Honduras Helped to build clean water wells in Sudan and Honduras Provided funding for HIV education and medicine in Uganda and Haiti Provided funding for a vehicle, appliances and kitchen construction for an orphanage in Haiti Funded the construction costs of 27 homes in Mt. Olivos, Honduras for displaced families. These 2 bedroom, concrete homes with running water are allowing families to remain intact and raise their children in a healthy environment. They are building a strong community, including a school and a weekly worship service. Provided over 150 cans of formula to an infant feeding & nutrition program in Haiti Raised $200,000 of the $250,000 needed for construction of the Love+ 1 Medical Centre in Gressier, Haiti where there are currently no medical or dental facilities available to the 35,000 residents. This centre will include a doctor’s office with a pharmacy, a dental office, an urgent care clinic, and an operating room. This clinic will be located on land adjoining a school that currently serves over 400 children. Raising the final $50,000 and beginning construction of the Love+ 1 Medical Centre in Haiti – a 5,000 square foot facility with medical and dental facilities for a community of 35,000 people with no medical care. The medical facility is expected to open in October 2013 with ongoing funding needs for supplies and equipment. Construction of a tilapia pond for the community of Mt. Olivos, Honduras. Completion of the construction of all homes in Mt. Olivos, Honduras. Formula for an infant feeding and nutrition program in Haiti Food and medicine to children in Uganda, Haiti, and Honduras Bedding and supply needs for an orphanage in Uganda Food to children in Tennessee through a weekly backpack program 15 2. 8 I Am A Star I AM A STAR is built on a solid foundation of trust and collaboration. It is rooted in the Somali diaspora communities’ leadership, and it makes room for the solidarity and creativity of motivated people everywhere. Together, they’re providing relief in Somalia, and shining a light on a culture of poets, artists, mothers and fathers, children, innovators, farmers, businesspeople. Each one, a star in his or her own right. Perched on the very tip of the Horn of Africa, Somalia has suffered two decades of hardship, violence and displacement. It’s estimated that 25% of the country’s population have fled their homes, traveling to Kenya and Ethiopia or to other parts of Somalia. Since the summer of 2011, the country has faced a crippling food crisis. Between 50,000 to 100,000 Somalis have died as a result. US Secretary of State, Hillary Rodham Clinton called it â€Å"the most severe humanitarian emergency in the world today-and the worst East Africa has seen in decades. † Thanks to the spirit and efforts of the worldwide Somali Diaspora and other compassionate individuals, organizations and governments, relief is getting to people who need it. Donors have looked past the negative imagery of Somalia in the media and sent their support. That support has saved the lives of mothers and fathers, children, poets, artists, innovators, farmers, businesspeople, human beings. But there is still so much that needs to be done in Somalia. The famine has ended, but 1 in 5 Somali children are still malnourished. 2. 5 million people are still dependent on food aid in order to survive. It will take an investment of time and great effort to shake off the legacy of 20 years of war and unrest in Somalia. The country has the world’s lowest rates of school enrolment, and experts estimate that 18% of children born in Somalia will not live to age 5. 2. 8. 1 With Support from: ? ? ? ? ? ? ? ? ? ? KNAAN 4Real IDEO Pivotal Labs Heroku Music for Relief Mataano Chef Roble & Co. Faarrow Mosaic 16 2. 9 Soles 4 Souls Soles4Souls is a global not-for-profit institution dedicated to fighting the devastating impact and perpetuation of poverty. The organization advances its anti-poverty mission by collecting new and used shoes and clothes from individuals, schools, faith-based institutions, civic organizations and corporate partners, then distributing those shoes and clothes both via direct donations to people in need and by provisioning qualified micro-enterprise programs designed to create jobs in poor and disadvantaged communities. Based in Nashville, Tennessee, Soles4Souls is committed to the highest standards of operating and governance, and holds a four-star rating with Charity Navigator. Founded in 2004, Soles4Souls is a global not-for-profit institution dedicated to fighting the devastating impact and perpetuation of poverty through the distribution of shoes and clothing. Soles4Souls distributes shoes and clothing in two ways. Most new items collected primarily from corporations and retailers are given directly to people in need, both in the U. S. and overseas. The organization has relationships with several of the world’s leading apparel brands, which provides Soles4Souls with new but non-marketable overstocks, returns, discontinued models and other shoes or clothing items. At the same time, Soles4Souls receives millions of articles of used shoes and clothing that have been collected by individuals, schools, faith-based institutions, civic organizations and corporate partners. After sorting items in its national warehouse system, Soles4Souls typically sells the used shoes and clothing, as well as some new items allocated by manufacturers, to carefully selected micro-enterprise organizations. These both private and non-profit companies are contracted to provide shipping, financing, inventory, training and other support to ultrasmall businesses in countries like Haiti where there are virtually no jobs to generate personal income. Through the collection and sale of used (and new) clothing and shoes, Soles4Souls helps create self-sustaining jobs that generate desperately needed revenues throughout those communities. The sale of footwear and apparel to support micro-jobs also provides the majority of funding to sustain Soles4Souls operations and further expand its donations of new shoes and clothing. 17 2. 10 FEED FEED Projects’ mission is to create good products that help FEED the world. They do this through the sale of FEED bags, be

The Financial Performance Measures Accounting Essay

During the last old ages, more and more attending is paid to the fillip construction of CEOs of big multinationals. CEO bonuses has become an international issue debated in the parliament and routinely featured in front-page headlines, screen narratives, and telecasting intelligence shows. Several factors have contributed to the widespread involvement in CEO fillips. First, the compensation of CEO has risen aggressively during the last decennaries ( Murphy, 1999 ) . Secondly, some houses in the Netherlands were in existent problem during the fiscal crisis, they needed fiscal aid from the authorities, but their CEOs still got a fillip ( Hooft van Huysduynen, 2011 ) . But since the regulations about CEO compensation were wholly ill-defined for companies which needed fiscal aid from the authorities, more arguments were held in the authorities and regulations were changed often. This contributed to the widespread involvement of the topic of executive compensation in The Netherlands ( de Horde, 2011 ) . And in conclusion, there has besides been an detonation in academic research on executive compensation, which contributed to the rosen involvement of CEO bonus-structure ( Murphy, 1999 ) .CEO compensationThe compensation bundles negotiated with main executive officers ( CEOs ) of big corporations largely contains four basic constituents: a base wage, an one-year fillip tied to accounting public presentation, stock options, and long term inducement programs ( including restricted stock programs and multi-year accounting-based public presentation programs ) ( Murphy, 1999 ) . The incentive constituent frequently is comprised of both an one-year fillip program and a long-run inducement program, where the final payments from these programs depend on an intricate portfolio of public presentation steps ( Bushman et al, 1996 ) . The compensation commission can take different public presentation steps, including stock return, accounting return and non-financial steps, to fin d how much of each signifier of compensation the CEO will gain ( Krolick, 2005 ) . Paying CEOs based on short tally accounting net incomes provides inducements to increase short-term net incomes ( by, for illustration, cutting R & A ; D ) even if making so reduces value in the long tally. Conceptually, the â€Å" perfect † public presentation step for a CEO is the Chief executive officer ‘s personal part to the value of the house. This part includes the consequence that the CEO has on the public presentation of others in the organisation, and besides the effects that the CEO ‘s actions this twelvemonth have on public presentation in future periods. Unfortunately, the CEO ‘s part to tauten value is about ne'er straight mensurable ; the available steps will necessarily except ways that the CEO creates value, and include the effects of factors non due to the attempts of the CEO, or neglect to uncover ways that the CEO destroys value ( Murphy, 2013 ) . A long line of literature has argued that compensation should be related to public presentation. The grounds for the linkage are both normative and positive. In a normative sense, compensation is considered just if it has been †earned † through superior public presentation. In a positive sense, bureau theoreticians argue that associating compensation to tauten public presentation steps provides inducement to increase steadfast value ( Balsam, 2002 ; Lewellen and Huntsman, 1970 ; Murphy, 1985 ) .Fiscal public presentation stepsFiscal public presentation steps consists of steps of hard currency flow, net income, earnings-per-share, gross revenues, economic value added, return on invested capital, return on assets, return on equity, return on gross revenues, stock monetary value return and cost decrease ( Ittner et al, 1997 ) . The literature paperss that i ¬?nancial accounting steps, particularly steps of proi ¬?tability, are extensively used in executive compensation c ontracts. There is grounds of widespread, expressed usage of proi ¬?tability steps in the one-year fillip programs and in the long-run public presentation programs of corporate executives. The inexplicit usage of proi ¬?tability steps in the board of manager ‘s rating and compensation of top oi ¬?cers is supported by a robust, positive statistical relation between proi ¬?tability steps and assorted steps of executive wage, including managerial turnover chances ( Bushman and Smith, 2001 ) . The most of import ground of utilizing fiscal public presentation steps alternatively of utilizing nonfinancial steps, is that fiscal marks are cheaper and easier to mensurate, since all companies are already compulsory to print a balance sheet and an income statement ( Epstein, 2006 ) . Paul ( 1992 ) shows that stock monetary value need non supply efficient inducements in a multi-task scene because monetary value gaining controls the value of the house instead than the value-added by the director. Ittner et Al ( 1997 ) argues that fiscal steps entirely may non supply the most efficient agencies to actuate directors to move in the mode desired by the house ‘s proprietors. While companies use a assortment of fiscal and non-financial public presentation steps in their one-year CEO fillip programs, about all companies rely on some step of accounting net income such as net income, pre-tax income, or operating net income. Accounting net income measured over short intervals is non, nevertheless, a peculiarly good step of the CEOs part to tauten value, for several grounds. First, CEOs routinely make determinations ( such as sequence planning or R & A ; D investings ) that will increase long-term value but non short-term net income. Second, accounting net incomes ( lik e equity-based steps ) are constantly influenced by factors outside of the control of the CEO, including the effects of concern rhythms, universe oil monetary values, natural catastrophes, terrorist onslaughts, etc. Third, while the steps of accounting net incomes typically used in fillip programs take into history both grosss and disbursals, they ignore the chance cost of the capital employed. The usage of these accounting steps provides inducements to put in any undertaking that earns positive accounting net incomes ( non merely those that earn more than the cost of capital ) , and provides no inducements to abandon undertakings gaining positive accounting net incomes that are less than those needed to cover their cost of capital ( Murphy, 2013 ) .Non-financial public presentation stepsNon-financial public presentation steps consists of steps of employee satisfaction, merchandise or service quality, efficiency or productiveness, employee safety, market portion, non-financial strat egic aims, procedure betterments and re-engineering, new merchandise development, invention, employee development and preparation, work force diverseness, leading and client satisfaction ( Ittner et al, 1997 ) . Recent grounds indicates that i ¬?rms are progressively utilizing non-i ¬?nancial public presentation steps such as client satisfaction and merchandise quality in the catching procedure within i ¬?rms ( Ittner et al, 1997 ) . Anterior literature shows that noni ¬?nancial public presentation can counterbalance for â€Å" noise † and â€Å" end incongruence † of i ¬?nancial public presentation steps. Another desirable undertaking property of noni ¬?nancial steps is their ability to foretell future public presentation and to ease intertemporal fiting between current investings and future returns ( Matejka et al. , 2009 ) . Non-financial public presentation steps are assumed to ease the board ‘s appraisal of private managerial information so it ca n more closely supervise the executive decision-making procedure ( Schiehll and Bellavance, 2009 ) . The ground for the usage of non-financial steps in compensation contracts is that they provide information incremental to accounting steps in rewarding and motivation directors ( Davila and Venkatachalam, 2004 ) .Fiscal CrisisPearson and Clair ( 1998 ) developed a definition for organisational crisis ‘ : †An organisational crisis is a low-probability, high-impact event that threatens the viability of the organisation and is characterized by ambiguity of cause, consequence, and agencies of declaration, every bit good as by a belief that determinations must be made fleetly. † Several illustrations of organisational crisis ‘ are: Extortion, Bribery, Hostile coup d'etat, Information sabotage, Terrorist onslaught, Executive kidnaping, Product callback, Natural catastrophe that destroys corporate central offices ( Pearson and Clair, 1998 ) . The fiscal crisis started in September 2008. Assorted causes of the i ¬?nancial crisis have been cited, including slack ordinance over mortgage loaning, a turning lodging bubble, the rise of derived functions instruments such as collateralized debt duties, and questionable banking patterns ( Kothari and Lester, 2012 ) . This research is concentrating on this fiscal crisis, which started in September 2008, and is still go oning at the minute of composing this thesis. Ittner et Al. ( 1997 ) argues that as the noise in fiscal steps increases, houses tend to put more weight on non-financial steps. At the other side, Matejka et Al. ( 2009 ) i ¬?nd that proi ¬?t urgency and i ¬?nancial hurt ( which make i ¬?nancial public presentation steps more congruent with i ¬?rm ends ) are associated with a lower accent on noni ¬?nancial public presentation steps.Hypothesis developmentAlthough old literature us non consistent the usage of non-financial public presentation steps in times of fiscal crisis, more recent research ( Matejka et al. , 2009 ) leads to the premise that the usage of non-financial public presentation steps in CEO fillip contracts will drop during the current fiscal crisis. Based on this premise, the following hypothesis is developed: Hypothesis 1: The usage of non-financial public presentation steps in CEO fillip contracts has been decreased from 2005 to 2010, due to the impact of the fiscal crisis.III. MethodologyThis subdivision describes the research methods used to look into the empirical association between the fiscal crisis and the usage of non-financial public presentation steps. Sample A mark sample of 27 houses is identified from Dutch companies listed on the Amsterdam Exchange Index ( AEX ) at the beginning of the twelvemonth 2013. No differentiation is made between different sectors, all AEX-listed companies were taken in the sample. Data aggregation Data was collected from proxy statements in one-year studies in two different old ages. To mensurate the consequence of the fiscal crisis, the first twelvemonth which had been measured is 2005, since during 2005 no influence of the fiscal crisis could be perceived. The 2nd twelvemonth which is used to roll up informations, is the twelvemonth 2010. 2010 has been chosen because it was in the center of the fiscal crisis and all informations is now available from this twelvemonth. This research surveies the comparative weights placed on fiscal and non-financial public presentation steps in main executive officer ( CEO ) fillip contracts ( Ittner et al, 1997 ) . This method is similar to the method adopted by Ittner et Al ( 1997 ) and used by Schiehll and Bellavance ( 2009 ) . Variables The empirical theoretical account of this research will be as follow: Y = I ± + I?1Xi +I?2Xi Where Y will incorporate the dependant variable usage of non-financial public presentation steps, I?1 will stand for the state of affairs of the usage of a non-financial public presentation step in 2005 ( 0 will stand for the usage of a fiscal public presentation step in 2005, and 1 will stand for the usage of a non-financial public presentation step in 2005 ) , I?2 will stand for the state of affairs of the usage of a non-financial public presentation step in 2010 ( 0 will stand for the usage of a fiscal public presentation step in 2010, and 1 will stand for the usage of a non-financial public presentation step in 2010 ) , and Xi contains the house.