Governance Essay Example | Topics and Well Written Essays - 750 words

Governance - Essay Example The right role requires board member engagement. The traditional model has a passive board that requires minimal participation from the board whose main job was to approve management decision. The CEO has the discretion and the board has limited accountability. The certifying board model focuses on credibility to shareholders ensuring that the business is managed properly and CEO meets requirements. The engaged board is likened to a CEO’s partner that constantly provides insight, advice, and support on key decisions and actively defines role and boundaries. The intervening board asserts its presence and deeply involved in key decisions through intense meetings. The operating board decides what the management implements and usually characterized by start-ups where executives still need more management experience. The right work requires the boards to potentially participate in dozens of distinct areas although focus may be on legal areas such as counseling senior management, ev aluating CEO, and ensuring effective audit, among others. Ideally, the working board must also be able to provide support to directors who need help, whom to retain for the next term as well as those to release. Committees may also help them stay in focus and concentrate on specific issues. The right people in the board require competence as a group and as individuals, but in reality, capabilities mismatch expectations. The right agenda requires the need for the board to discuss then thoroughly through annual off-site meetings beyond the regular ones where they mingle with the management and employees to gain insight as well as get fruitful results. Right information should not be too much or too little but enough to provide exact and necessary information that they need to know and discuss. The right culture engages the board with candor and willingness to challenge as it reflects the social and work dynamics of a performing team (Nadler, 2004). The Principles of Good Governance an d The Seven Practices Lawrence and Weber (year) prescribed five principles of good governance for the board through selection of outside directors to fill majority of positions, conduct open elections for members of the board, appoint independent lead director or chairman of the board and hold regular meetings without the CEO present, align director compensation with corporate performance, and evaluate the board's own performance on a regular basis. The overlap between the lists of Nadler and Lawrence and Weber is that Lawrence and Weber’s list is encompassed on Nadler’s right mind-set. Nadler’s is more encompassing, extensive, and specific while Lawrence and Weber’s were traditional at most. Executive Pay and the Principles of Board Practices Through the right people method, Nadler’s practices may eliminate those which are performing questionably, thus maintaining performers that may be threatened with competition. In addition, transparency and eq uity is also promoted in order to determine that it is not only senior management or executives that monopolize compensation but must be distributed equally to all members of the organization as one component should be determined as important as the others. This will help distribute compensation from the executives down to the rank and file (Martinelli, 2011). Board Performance and Application to Disney One of the bigger problems of the Walt

Financial Trends Paper Essay Example | Topics and Well Written Essays - 500 words

Financial Trends Paper - Essay Example Also if we were to analyze the debt/equity ratios the decreasing leverage of the company has correspondingly increased not only its profitability but also increasing return on assets and increase in the net profit margin (money central, ten year summary). The article I am summarizing was published in Economist "The ones that get away: Accounts are increasingly more art than science". The author introduces the argument that although net profits of Amazon, online retailer, had fallen substantially while that of Sprint, telecom, had increased significantly share prices rose for both companies (Economist, 00130613). Author quotes Enron and WorldCom and stresses that people have become shy of profitability figures as these figures tend to be "malleable" (Economist, 00130613). There is a further argument that these errors start to creep in because companies are increasingly making use of estimates in their financial statements. The accrual method of accounting where expenses and revenues are entered into accounts when "incurred" (Economist, 00130613) have made the issue difficult and to compound it fair value accounting practices have introduced their own difficulties.

Cause and Effect essay on The MIsfit in A good Man is Hard To FInd

Cause and Effect on The MIsfit in A good Man is Hard To FInd - Essay Example The views expressed by The Misfit are not simple, though, and there are many factors in his life that have lead him to become the person that he is. To begin examining The Misfits views, we should start with the remote causes of the Misfits agnosticism. Growing up in the South, he would have grown up with a strong religious background. He even states that his parents were good people: â€Å"God never made a finer woman than my mother and my daddy’s heart was pure gold† (456). While it may be possible that The Misfit is being sarcastic or overly-patronizing, his brutal honesty throughout would seem to contradict this. At one point he states that he â€Å"was a gospel singer for a while† (457), furthering to depict The Misfit as a man with a strong religious background. Without a religious background in which The Misfit would have learned the religious views of Christianity, he wouldn’t have seen any contradictions inherent and would have no reason to be agnostic. As far as remote causes expressed, the first time that The Misfit makes a statement showing his less than believing nature can also be viewed as a remote cause. When the grandmother asks why he doesn’t pray, the Misfit replies â€Å"I don’t need no hep†¦I’m doing all right by myself† (458). If The Misfit has no need for God, then there isn’t any need for him to try to make himself believe in something that he sees as contradictory, and this serves as an additional reason as to why The Misfit is agnostic. To move closer to the causes and effects of The Misfits agnosticism, we will need to discuss the contributory causes. These can be summed up by saying that The Misfit feels as though he has been wronged and life in general doesn’t seem to be fair or have a sense of justice. To illustrate this, The Misfit states that he â€Å"never was a bad boy that I remember of†¦but somewhere along the line I done something wrong and got sent to the penitentiary. I was buried alive† (457).

National Security vs. Individual Rights Essay Example | Topics and Well Written Essays - 250 words

National Security vs. Individual Rights - Essay Example On the contest of seeking to unearth the delicate equilibrium between citizens’ rights and the concern on national security, Kettl expounds on the terrorist attacks which were opportunistic of the America’s open society as they stage-managed their mass murder incursion on the World Trade Centre and the Pentagon. Deep scrutiny on the predicament unravelled that the roots of this incident encompassed the effortless and accessible means and avenues to obtain passports to foreigners. It was also unravelled that key American immigration sites were often jeopardized by lack of resolute scrutiny. On this concern, President Bush reiterated to the attack urging American Citizens to deliver terrorists to the state authorities altogether with their respective ring leaders or opting to succumb into the terrorists snare. The U.S went further to imprison the captured terrorists at Guantanamo Bay, hence evading the Geneva Convention restriction (Kettl, 2013, pg 162).

Geology----Stratigraphy and Sedimentation Article

Geology----Stratigraphy and Sedimentation - Article Example Two pertinent events have been intricately discussed. These are namely the episodic events and the continuous events. By definition, the episodic events are used in reference to those that become eminent in a matter of hours or days. It is important to reiterate that their effects are distinct and pertinent to this research. On the other hand, Continuous events are differentiated by the fact that they spread over months, years or even decades. Evidently, field mapping and reference chronology were succinctly applied in the analysis process. The tree ring method is a pertinent component in geomorphology. This is evident in its multiple applications such as assistance in comprehension ofthe geomorphic processes, the consequent frequency and events. Further to this, the annual precision will also aid in predicting floods and other events in future so as to avert the damages caused by the same. Previous research has revealed that the flood rings in 1826 and 1850. In this regard, it was e stablished that the tree with flood rings were proportionate to the discharge. The primary trees that were subject to the sampling procedure were those identified as are mainly affected by the geomorphic processes. These included trees growing near river banks, trees growing on the edges of gullies and avalanche paths and trees growing right on the sediment plants. In conclusion,the overall relevance of the tree ring method as far geomorphology is concerned includes; ascertaining the magnitude and frequency of events, providing an annual precision; the tree rings are pertinent as far as predicting continuous and episodic processes; as well as delineating the spatial location affected by a process. Howard and Blakey have done a commendable job in relating their observations and interpretations. The data provided is enough for all the facies interpretation. Their interpretation of fluvial channel mobility in relation with the geometry of sandstone bodies is correct and there

Body and Fashion Photography Essay Example | Topics and Well Written Essays - 2000 words

Body and Fashion Photography - Essay Example Crucially, this body contains the possibility, inherent to fashion, of reinventing itself in a constantly changing form. A process of transubstantiation transforms the fleshy, organic substance of the body into the artificial, synthetic substance of the fashion garment. The separate ontological states of what is possibly "clothing" and what is possibly "body" no longer signify and in the new entity that emerges from this alchemical process, the boundary between self and non-self is dissolved. The female model then can be seen as the embodiment of fashion's imaginary. As the avatar of fashion, it is where artifice, change and imagination coalesce on the body of the model to create a new, previously only imaginable, form. Central to my argument is the different relationship that exists between the model's body and fashion photography in the lived world and the body and clothing in fashion representation. In the lived world, this relationship has been characterized as one of co-dependency and equivalence, to the point where "dress cannot be understood without reference to the body and . . . the body has always and everywhere to be dressed" (Entwistle 2000: 324). But in fashion representation, Roland Barthes has suggested that a hier- archy exists, with fashion at the apex. Of particular relevance to this article is his explanation of how, in fashion representation, all that is natural is dissolved into the artifice of fashion.This is a fundamentally important point as it enables the relationship between clothing and the body in the manipulated image to be viewed as an exaggeration of something that is already present in the conventional fashion image. In the lived world, this relationship has been cha racterized as one of co-dependency and equivalence, to the point where "dress cannot be understood without reference to the body and . . . the body has always and everywhere to be dressed" (Entwistle 2000: 324). But in fashion representation, Roland Barthes has suggested that a hier- archy exists, with fashion at the apex. Of particular relevance to this article is his explanation of how, in fashion representation, all that is natural is dissolved into the artifice of fashion. This is a fundamentally important point as it enables the relationship between clothing and the body in the manipulated image to be viewed as an exaggeration of something that is already present in the conventional fashion image. In The Fashion System, Barthes identified the distinction between the garment that is manufactured and/or worn and the garment that exists only as representation and meaning. Put simply, a picture of a dress is not a dress. What this means is that represented (or, in his terminology,"image") clothing does not have the other potential modalities contained in those garments that circulate in the lived world ("real" and "used" clothing).

Divorce Essay Example | Topics and Well Written Essays - 1500 words

Divorce - Essay Example It is only the interpretation of Islamic law on marriage and divorce from a religious perspective. But a neutral and unbiased sociological interpretation of the Islamic laws related to marriage and divorce will necessarily reveal that Islamic laws are devoted to highlight a balanced support to both the individuals and the society. On the other hand, English law depends on a secular view of man and his existence in human society. This secular view assumes that man is essentially a self-sufficient structural functional entity who can decide his own life choice. Therefore, English law regarding marriage and divorce necessarily solely emphasizes on the individuals’ freedom and choice. It considers that individuals are the sole decision-maker in important matters like marriage and divorce. Indeed, this philosophical disparity determines all basic difference as well as similarities between the two laws. An in-depth analysis of divorce in Islamic Law necessarily demands a substantive description of how this legal systems view marriage. In Islam, a marriage is endowed with two facets: divine facet and social facet. The religious aspect of marriage necessarily assumes that it is a divine duty of every Muslim to marry and lead a peaceful and sacred conjugal life. According to Muhammad, it is a part of a Muslim’s faith in the divine. Simultaneously, it is his or her social duty also. In this regard, Mian Muhibullah Kakakhel (2008) likes to view the Islamic concept of marriage and divorce as following: It is well settled that marriage amongst Muslims is not a sacrament, but in the nature of a civil contract. Such a contract undoubtedly has spiritual and moral overtones and undertones but legally, in essence, it remains a contract between the parties which can be the subject of dissolution for good cause. (paras. 1) In order to a life of sanctity and prevent the social anarchy caused by promiscuous sexuality, a man must marry a woman, if his situation is physi cally and economically affordable to lead a conjugal life. Therefore, the primary requisites of marriage in Islam are that a Muslim must be able to fulfill the demands of sexuality as well as the economic needs of his family. If any person can fulfill these demands, he can enter marriage which is essentially considered as a social contract in Islam. The requisite for women to enter the marital contract is much easier than men. Since the economic expense of conjugal life sole pivots on men, women are free of the economic obligations. Hence, these prerequisites of Islamic marriage, in fact, determine those of divorce in Islam. Divorce in Islam is considered as the most heinous legality which empowers a man to divorce his wife without showing any reasonable cause. It is because Islam demands the unquestionable loyalty of women to their husbands. In this regard, a man will not be accountable to the Sharia council or the Islamic Legal system which consists of the elders and the religious authority of the society, unless his wife brings a charge of sexual perversion against him. On the other hand, a Muslim woman seeks divorce, she must appeal to the Sharia Council with the charges that her husband is sexually impotent or missing for years (Kakakhel, 2008, paras.2-7). The rule of divorce for men is different from that of women. If a man seeks divorce, the term, ‘