Essays on Irrelevance

1) In equity markets, dividend declaration is generally a very significant event and usually affects the price of the stock in a large manner. However, the relevance and usefulness of declaring dividends has been debated for a very long time. It is well understood that declaration of dividends is not a legal requirement (ASX). Firms can not declare dividends and choose to reinvest their whole profit into the business. Some of the popular companies which do not pay dividends are Berkshire Hathaway, Amazon, Yahoo, Adobe etc. Even companies like Google and Apple had stopped paying dividends for long periods ...

Introduction

As consumers become more health and environmentally conscious they are beginning to demand products that are a better alternative to the environment. Companies have adjusted to the demand and responded by offering products that claim to be better. However, consumers are finding that many of these claims are either false or misleading and products are not as environmentally-friendly as believed. This is a prime example of greenwashing. According to Merriam Webster Dictionary, greenwashing is the “expressions of environmentalist concerns especially as a cover for products, policies, or activities” (2016). There are seven sins of greenwashing which include: the sin ...

The main belief behind the theory of self-defense as given by Judith Jarvis Thomson rests on the phenomena that a person must become liable to be attacked if somebody else is threatened by him/her considering that he/she is violating the rights of the defender who must not be attacked. Moreover, Judith also assumes that everyone as a human has a fundamental right that must be respected of not being attacked by the other person, but if this right is being violated then the other person loses this right of protection for himself. This means that if a person is being threatened of right ...

Introduction

Risk is very common in any business. According to the definition given by Knight (1999), risk is measurable ambiguity of outcome whose impact may be either optimistic or pessimistic. Usually, risk is measured and expressed in terms of strong index. Many researchers think risk as unwanted event and this risk have statistical expectation value for ranking the seriousness too. Risk analysis can be defined as mathematical product value of strong and disutility. Procurement management offers advantages on economies of scale in purchasing and delivering the goods and services at right time and right place in order to minimize the risk involved ...

QUESTION 1:

INTRODUCTION: Pet.com is an e-business, founded by two graduates and Ms. Solberg, with a total equity capital of $1.5 million. Despite greater losses the company has tolerated, investors are eager to invest in the shares. Seeing the excitement, company decided to go public with the sale of 500,000 shares in initial public offering by the three existing shareholders, along with the sale of additional 750,000 shares by the company so as to provide funds for expansion. Further, the underwriters suggested placing price at $18 a share instead of $24, but financial manager was worried about the fact that ...

Introduction

One of the elements in the society that has a huge influence on the economy is politics. Studies related to international political economy seek to find out how politics influences the political and economic relations between nations and within nations. In a nutshell, economic relations refers to the selling and buying off goods and services, investment flow, the poverty and wealth of nations and regions and other related aspects. International political economy seeks to answer questions such as the proper role of governance in the economy. It explores the policies that can be constructed to induce economic prosperity in the nation ...

Part 2:

Introduction The Capital Structure Propositions proposed by Nobel Laureates, Franco Modigliani and Merton Miller has a significant relevance even in the modern day financial theory. The propositions proposed by them are popularly known as MM Propositions which they proved under restrictive set of assumptions to counter the traditional approach of capital theory which states that there is always an optimum mix of capital structure for a firm that assists in attaining maximum value for it. The difference in the traditional approach and MM Propositions will be discussed in detail in the succeeding sections, while now we will explain the propositions ...

ID Number Teaching numbers is one of the easiest lessons to teach to young children. However, counting numbers can be quite daunting when the child has not learned any basic counting skill yet. In a group of ten students, it would a lot easier to teach counting because maximized instruction is possible. When teaching a bigger number of students, it is often a lot complicated since young children’s attention span is short. Further, young learners need constant call of attention. Kindergarten students or even first grade learners who go to school for the first time may have a hard time adjusting to ...

JUNK OR JEWEL

TELEVISION 2 ABSTRACT Different scholars have had different opinions on the significance and scope of television in defining the public discourse and catapulting it to newer heights. So, often a clash of opinions is encountered. While Neil Portman in 1984 had very poignantly described in Amusing Ourselves to Death (Portman, 1984) that how the electronic media was doing everything for the sake of entertainment, Matt Quayle showed in The Method Of Medium Is In Motion how the same medium has changed and gotten enhanced stupendously to support public discourse over last twenty five years (Quayle, 2010). This essay ...

SUMMARY OF NEIL POSTMAN’S AMUSING OURSELVES TO DEATH

ABSTRACT In Neil Postman’s book ‘Amusing Ourselves to Death’, there has been a comparative analysis of George Orwell’s Nineteen Eighty Four and Aldous Huxley’s Brave New World. Author Postman has focused on proving that it is the Brave New World which surpasses Nineteen Eighty Four in terms of more realistic prediction of how human civilization shall end up being ruined by things as well as technologies we love. This short essay aims at summarizing the two chapters of this book, namely ‘The Medium is Metaphor’ and ‘Media as Epistemology’.

AMUSING OURSELVES TO DEATH 3

Introduction Neil Postman’s Amusing Ourselves ...

Determinants of Capital Structure

Abstract Decision on capital composition is a crucial decision for firms as it has major financial and profitability implications. The objective of this paper is to identify the determinants of capital structure and discuss the key theories on capital structure. The paper discusses they key theories of capital structure, providing evidence of the theory and listing its limitations. The MM theory is the foundation for the other modern theories of capital structure. The trade-off theory is an extension to MM theory relaxing the assumption of bankruptcy. Pecking order theory highlights the firm’s preference of internal cash flows as ...

Introduction

The bank of Queensland was instituted in 1874 as the first permanent building society in Queensland, Australia. Initially, it was being operated as Brisbane Permanent Benefit Building and Investment Society. This society was later incorporated in 1887 and then got amalgamated with the City and Suburban Building Society in 1921. Later on in 1931, it was again amalgamated with Queensland Deposit Bank. It received a license to operate as a trading bank in 1942. The bank computerized its operations in 1970 and then underwent a series of transformations that included changing its name to bank of Queensland. The bank was first listed ...