Maximizing Shareholder Wealth Essay Example for Free

Maximizing Shareholder Wealth Essay The goal of a firm and a financial manager should involve maximizing the wealth of a firm’s shareholders through achieving the highest possible value for the firm (Block 13). It is a vital task to oversee properly as a financial manager, and while the manager cannot directly control the firm’s stock price, it can act consistently with the desires of the shareholder. Accounting, financial and other irregularities can erode consumer confidence that says the system will operate in the best interests of shareholders, taxpayers and other constituents (Hintzen 2003). Therefore, ethical practices must be upheld to convey confidence to your clients. Your clients care about two major topics when hiring you: what is their return going to be, and is it going to occur when promised. Current stock prices as well as future expectations of value are controlled by the economic environment, but are difficult to forecast. In addition, expectations of stockholders are constantly varying depending on the economic climate. For instance, during the economic boom of . com businesses, people had high expectations of their money spent because of similar stocks. However, many companies had very high stock prices, with no real earnings yet, which distorted to economic health of some companies (Block 14). As related to business firms, social responsibility concerns such things as protecting the consumer, paying fair wages to employees, maintaining fair hiring practices, supporting education, and becoming actively involved in environmental issues like clean air and water. Many people feel that a firm has no choice but to act in socially responsible ways; they argue that shareholder wealth and, perhaps, the corporations very existence depends upon its being socially responsible. However, the criteria for social responsibility are not clearly defined, making formulation of a consistent objective function difficult (Dent 2005). As Christians, our social responsibility is defined through the Bible, and through it we should have perspective on what is right and wrong. While our job is to make money for our company and client, we must do so according to our beliefs, and what we know in our heart to be right, which God shows us. Philippians 1:9-10 (ESV) says, it is my prayer that your love may abound more and more, with knowledge and all discernment, so that you may approve what is excellent, and so be pure and blameless for the day of Christ.

Technology vs Organic Essay -- Agricultural Research

Humanity’s timeline illustrates the past, present and future of human beings; commencing nearly 200,000 years ago when Homo sapiens first diverged from its ancestors (Evans,1998). For the next 188,000 years humans were content to forge and live within the constructs of a hunter-gatherer societal organization. Approximately 12,000 years ago agricultural systems began appearing in various places around the world. An astonishingly short period of time later the Agricultural Revolution transformed human ecology, social organization, demography, culture, and religion (Fagan: 2007). Man wholeheartedly embraced the sweeping changes bought on by agriculture and domestication, which definitely proved key to the long run success of agriculture and domestication as a primary method of procuring sustenance. Despite a rapidly changing world, basic and primal human nature and desire remain utterly unchanged. The most fundamental of these challenges is the establishment of an adequate supply of food. The modern food infrastructure employed by contemporary society is rooted in the creation and innovation of food production. Its effective utilization decreases the level of societal labor contribution required and discourages food shortage trepidation amongst individuals. It is hard to fathom given the current status of our society massive agricultural-industrial complex that the hunter-gatherer organization of society dominated for more than 99 percent of our existence (Fagan: 2007). The hunter-gatherer population was characterized by their primary subsistence method, which involved the direct procurement of edible plants and animals from the wild. The primary methods employed were foraging and hunting, which were conducted without any sig... ...y 22.New challenges in food preservation. (2011): 121-126. ScienceDirect. Web. 4 May 2012. Paarlberg, Robert. "The Ethics Of Modern Agriculture." Society 46.1 (2009): 4. MasterFILE Premier. Web. 4 May 2012. Evans, L. T. (1998). Feeding the Ten Billion (Cambridge: Cambridge University Press). Fagan, Brian M. June 2007 World Prehistory: A Brief Introduction. Chapter 5: The Origins of Food Production. Prentice Hall. University of California: Santa Barbara. Pg 126, 129, 132, 132-133, 133, 133-134, 136-137, 137-138, 138 Pringle, Heather November 1998 Science Neolithic Agriculture: The Slow Birth of Agriculture. Vol. 282. No. 539: Pg. 1446 Porter, J., & Rasmussen, J. (2009). Agriculture and Technology. En B. J. Olsen, S. A. Pedersen, & V. Hendricks, A Companion to the Philosophy of Technology (pà ¡gs. 285-289). Oxford: Wiley-Blackwell

Mentor Interview Essay

Rural Education Access Program as a Financial Administrator to give me wisdom and experience to transform my success. Most of the time when a child Is released by parents to go study at a tertiary level they are given advice on how they should conduct themselves in order to be successful in their studies and also in the workplace, this is when the experience of the elders or the ones that have gone through the Journey takes place.Ocean Robbins wrote, â€Å"l want to awaken the passion and creativity of youth , combine it with the wisdom, experience and insight of elders, and transform our world. † In order to succeed or be competent In academics you need to have certain skills that you will utilize and he mentioned a few which Is to have listening skill, Group-working skill and Communication skill where these skills help during lectures and amongst fellow students. Nicholas stated, â€Å"And most of all It Is to have resilience so that what ever comes in your way you do not g ive up but keep on pushing until one achieves that goal†.One other skills that I think has mad my school life better is planning whatever task I am about to do, and to make sure that I follow it. Throughout the interview Nicholas mentions that the Job he does entails most of the above mentioned skills as he works in a finance department of an organization where he has to communicate with deferent departments regarding payments and other financial tasks to the organization like communicating with creditors and stakeholders.This also requires one to be able to work as a team. Clearly has mentioned In one of her books that â€Å"communication Is always purposeful and that the purpose in business communication is to inform, to persuade and to create goodwill† (Eileen et al. , 1999,p. 8). Without communication I do not think we as people e would be able to share knowledge amongst each other.For Nicholas, participation at school really played a bigger role In his success and as part of his memories about school, mentioning that he attended a self-development camp at EDUCE,meeting with mentors and coaches, making sure that he works hard memory he says he will never forget was graduating with 10 Pioneers as it was quite an achievement because they all have gone through some challenges. I can truly relate to this because I have seen how effective it is to take part in development programmed where I get to learn more about my strengths and weaknesses as well s leadership skills.One other aspect he still has about school is the battle of finding a way to balance work life and academics. Nicholas writes, â€Å"l had to work as no one was working at home, and also having a lot of work but limited time†. Which makes me realize that if he can do it through those battles, nothing could stop me from making my own dreams come true. According to Nicholas, the importance of time management is being able to meet due dates on assignments by so you are also reduc ing stress and pressure. He said this also reflects on the quality of work be it in the workplace or assignments at University on how well did one do.Victor Hugo wrote, â€Å"He who every morning plans the transactions of that day and follows that plan carries a thread that will guide him through the labyrinth of the most busy life†. This is true because by not being mindful of my time I realize that there's no enough time to modify or rectify my ideas and Just end up aiming to pass or get the task done and not do exceptionally well instead. He says he still applies time management even in his work life and believes that he wouldn't be able to produce quality work without managing his time well.According to L. Callisthenic (Blobs: March 12, 2012) â€Å"Life is such a wonderful, beautiful thing ND it's made out of time. That's why wasting time is essentially wasting life. I mean, time management is about so much more than organizing papers. It's about making the most of your life†. Through his talk I have come to realize that managing my time well somehow has created self-discipline for my work, because this serves as guidance to what happens tomorrow and in order to prove my discipline for that plan I have to fulfill it.He feels that time management does not go alone in the workplace, you have to be able to balance all your skills and that requires a skill also. He mentioned them eying it is team-working skills, communication skills, leadership skills, networking skills and a skill to handle work individually. He feels that the fact that you have gotten a qualification does not guarantee that you will get work, that is why these skills are important so that you can be competent amongst other employees but most of all to do your work very well.I think if I could put these skills to life in general and master them in my life, I can be able to apply them easily in the workplace. It is very easy to apply these skills in the workplace if you are deter mined and know hat you want to achieve, what is nice is that I work with different individuals who your position in an organization, says Nicholas. Leadership has been ranked as the 12th essential skill in the workplace out of 16 skills ( Employment skills for the 21st century workplace,2012).Dealing with different individuals has opened a lot of doors for me in terms of knowing myself and how to work with others even here at school. I still apply these skills at work in order to work well, and to have a better relationship with my manager and colleagues. But learn to always accept that you may not get hem all correct, but as long as you are doing what is working for your work. I think it is essential that one knows what skills they are very good a so they can enhance them, and rise at the top in terms of competency.Before this interview I thought I knew everything that one needs in order to succeed academically and also at work, which is to â€Å"study', not realizing that is not all I need. But I have found out there is still a lot to learn from mentors. This interview has served as the first step to learning from those that have knowledge. The most interesting thing I have learnt also is to have control over your future, and strive to earn more from others. Overall, I trust that all this information will assist me in transforming and making my dreams come true, both at school and at work.

Story About A Black Old Woman - 845 Words

Story Introduction /Overview: Summery: The story is about a black old women (Phoenix Jackson) and her journey to the city to get the medicine for her grandson throat . She walks for a long distance. She walks through the fence carefully to protect her clothe from being torn. The woman walks through the cotton field and along the narrow hills and passes the muddy track. She faces her fear of wild animals and their sounds during her walk. After the woman passes the muddy track she faced a dog that is barking. She becomes unconscious and fall down. The white hunter sees her and helps her. Finally the woman reaches the hospital office. In the office the nurse asked her about her grandson but Phoenix Jackson did not say any word and stay†¦show more content†¦White Hunter: he helps Phoenix , he and his dog found her after she falls into a ditch. Black Children: dozen of black Children that Phoenix saw before reaching Natchez. Natchez Pedestrian: Woman who helped Phoenix and ties her shoes. Attendant: Receptionist in a physician s office. Nurse: The Physician s nurse.she gives Phoenix the medicine for her grandson. Grandson of Phoenix: Child who once swallowed lye. He requires medicine to treat his throat. C) Point of View: A Worn Path is short story. It is written by Eudora Welty in third person point of view. The writer reveals the story through the main character Phoenix Jackson which Phoenix Jackson talks to herself in dialog. The writer sometimes reveals to Phoenix mind activities in the narration, which can be seen in this passage Down there, her senses drifted away. A dream visited her, and she reached her hand up, but nothing reached down and gave her a pull. (Lawn, Beverly) D) Themes: The themes in the story are straight : Love love can be seen through the purpose of the journey in the story. Phoenix walked in long distance in cold weather facing many serious difficulties to get her grandson medicine. Redemption Redemption can be in many situations through the story. first saturation is when the white hunter helped Phoenix to get out of the ditch ,after she falls into a ditch. second situation is when Phoenix asks a woman who was holding packages to tie her shoes