5 page research paper example
Thursday, August 27, 2020
Spring Days Ahead Free Essays
Spring is an otherworldly season for me. I love the sound of fowls twittering, the smell of downpour noticeable all around, and the lively shades of the blossoms beginning to sprout. It stirs the faculties. We will compose a custom exposition test on Spring Days Ahead or then again any comparative subject just for you Request Now The winter cold is gone, yet the horrendous warmth and mugginess of summer in the south presently can't seem to show up. I love that sunlight reserve funds time stops the long dim night long stretches of winter. The expression ââ¬Å"spring forwardâ⬠is a suggestion to set our timekeepers ahead one hour during spring. Springing forward is the thing that the season is about and what I anticipate the most. The expanded daylight and capacity to invest more energy outside welcomes another point of view and lifts my spirits. My significant other and I become revived as we get outside more and invest heavily in recharging our home and yard. Regardless of whether it is a little venture, for example, giving the front entryway a new layer of paint, or beginning a nursery, we anticipate it with fervor. Spring has been called ââ¬Å"the period of growthâ⬠and it is the point at which I start another vegetable and blossom garden every year. There is nothing superior to newly picked vegetables from my nursery. The vegetables are liberated from pesticides and give a sound nibble to our family. The smell of new cut blossoms in a pretty container on my kitchen table helps me to remember the little joys throughout everyday life. The excellent shades of the blossom garden help carry shading and energy to the world. Spring is an active season for my family. Spring welcomes on a new round of taking the youngsters to class, games, and birthday celebrations. Attempting to stay aware of two little youngsters can be debilitating. The periodic spring rainstorm gives an invite help from this action and offers me a severely required reprieve. There is nothing better than twisting up on the sofa with a decent book, tuning in to the downpour beat upon the rooftop, and getting a charge out of the sentiment of not being raced to get some place. Spring is my preferred season. New shading and life show up on the planet. The long dull evenings of winter are behind us. Everybody and everything is loaded up with another need to keep moving and liveliness. Others lean toward the severe warmth of summer, the dull cold of winter, and the terrible long periods of fall, yet I will take spring over them all. The most effective method to refer to Spring Days Ahead, Essay models
Saturday, August 22, 2020
The Ozone Behavior and Variability of Thickness
The Ozone Behavior and Variability of Thickness Presentation The ozone O3has great and awful consequences for the Earth. For delineation the stratosphere, where the majority of the ozone is found, retains destructive UV shafts. Since the ozone plays such an of import work on human life and the environment, it is of import to constantly try to larn increasingly about the ozone and record and break down informations. Blending to Shaw, while both O and ozone together assimilate 95 to 99.9 % of the sunââ¬â¢s UV radiation, only ozone effectually retains the most fiery UV noticeable radiation, known as UV-C and UV-B, which causes organic mischief ( Shaw, 2014, p. 3 ) . When UVC is consumed by free O bunches in the stratosphere, they break separated into two O particles, thus they join with O2molecules to sort out stratospheric ozone Oxygen3, appeared by the undermentioned responses: Oxygen2+hvi O + O O + O2+ M I O3+ M wherehvis bright radiation and M is an idle particle that upgrades the response of O with O2. The ozone is made, decimated and made again in rhythms, obviously. While there are army responses of how the ozone is demolished obviously, anthropogenetic substances/forms are expanding the destruction the ozone. Instances of anthropogenetic substances/procedures would beCFCââ¬â¢s, for example, infrigidation, cooling and vaporized propellents.Halons ; man-made synthetic concoctions that can be utilized to snuff out fires.Burning of fossil fuels.If the ozone keeps on being demolished quicker than the characteristic methodology of being made, less and less of the destructive UV noticeable radiation will be caught up in the stratosphere and will at long last do it to the Earthââ¬â¢s surface. The UV radiation to the surface would result in impacts to the universes and the environments, for example, the expansion of skin threatening neoplastic ailment occurrences, improvement of waterfalls , diminishing in photosynthetic productiveness, an expansion in vaporization rates and decreasing in precipitation. To shield the ozoneââ¬â¢s in the future from anthropogenetic substances the Montreal Protocol, embraced in 1987, with additional understandings, expected states to lessen the entirety of air centralizations of CFCs. With these understandings, fixations chlorine started to decrease in 1995 ( Sahw, 2014, p. 6 ) . Breaking down the data recorded about the ozone thickness gives grounds on whether the ozone is expending or non, entrance on the impacts of anthropogenetic substance/procedures and help in the arrangement of hypotheses, for example, the ozone fixing itself. This task will gracefully a general fear of the propensity of longitudinal sets - 60/ - 55, - 40/ - 35, - 10/ - 5, 15-20, 30/35 and 50/55 for the mature ages of 1997 â⬠2005. MATERIALS AND METHODS Information was accommodated this task by Professor Shaw. Orchestrating to the hand-out gave the data was gathered by the Total Ozone Mapping Spectrometer ( TOMS ) for the mature ages of 1997 â⬠2005. The TOMS instrument gives researchers a planetary situation of the stratospheric ozone bed in existent clasp with measurings for the full universe at regular intervals ( Shaw, 2014, p. 6-7 ) . The gave data was controlled in an exceed expectations spreadsheet to focus on latitudinal sets - 60/ - 55, - 40/ - 35, - 10/ - 5, 15/20, 30/35, 50/55. The given informations was so controlled and charts made using exceed expectations to be better spoken to and all the more simple comprehended. Each latitudinal arrangement of contribution was independently charted over the eight twelvemonth range to think about constantly of January, April, July and October. At that point the one-year mean for each latitudinal arrangement of contribution was determined ( non incorporating the months with zero r eadings ) and put into a chart demoing the inclination of the whole ozone thickness over the eight twelvemonth range. Increasingly explicit inside informations might be found in the lab directions titledThe Chemistry of the Ozone Layer( Shaw, 2014, p. 8 ) . Moreover, a public statement by Mindy Shaw and the content edition,Global Environment: Water, Air and Geochemical Cycles, were accessible with data sing the conduct of the stratigraphic ozone. Subsequent to perusing the stuff sing the stratigraphic ozone the diagrams were deciphered and hypothesisââ¬â¢ shaped. Outcome Figure 1: The one-year mean ozone thickness recorded by the TOMS for the latitudinal sets - 60/ - 55, - 40/ - 35, - 10/ - 5, 15-20, 30/35, 50-55 for the mature ages of 1997 â⬠2005. The ozone thickness is estimated in Dobson Units ( DU ) . The one-year mean determined does non incorporate the nothing ( 0 ) records. Figure 2: The month to month propensity of the ozone thickness recorded by the TOMS for the latitudinal set - 60/ - 55 for the mature ages 1997 â⬠2005. Figure 3: The month to month propensity of the ozone thickness recorded by the TOMS for the latitudinal set - 40/ - 35 for the mature ages 1997 â⬠2005. Figure 4: The month to month propensity of the ozone thickness recorded by the TOMS for the latitudinal set - 10/ - 5 for the mature ages 1997 â⬠2005. Figure 5: The month to month propensity of the ozone thickness recorded by the TOMS for the latitudinal set 15/20 for the mature ages 1997 â⬠2005. Figure 6: The month to month propensity of the ozone thickness recorded by the TOMS for the latitudinal set 30/35 for the mature ages 1997 â⬠2005. Figure 7: The month to month propensity of the ozone thickness recorded by the TOMS for the latitudinal set 50/55 for the mature ages 1997 â⬠2005. Conversation Blending the Figures 2 â⬠7, the inconstancy in the propensities of the latitudinal sets gets bigger the further off from the equator they are. The other way around the closer to the equator the less fluctuation there is, as found in Figures 4 and 5. This correlativity is because of the Earthââ¬â¢s joust. As the Earth jousts towards the Sun the Earth gets more daylight and outcomes in longer yearss. This expansion in daylight augmentations the total of high-vitality sun based molecules striking the feeling which outcomes in an expansion in coevals of ozone. The data other than shows an inclination of a thicker ozone bed close to the posts throughout the spring seasons for the single shafts consciously ( Figure 2 and Figure 7 ) . The North Pole spring season starts around March while the South Pole spring season starts around September. A furthest restriction of thickness is appeared for the North Pole in Figure 7 and South Pole in Figure 2. This expansion in thickness throughout the spring season could perchance be because of the growth of ozone shipped from the Torrid Zones during the fall and winter seasons. The twelvemonth to twelvemonth informations shows that shockingly the ozone thickness is a little bit at a time expanding over clasp ( Figure 1 ) . Truth be told, out of the latitudinal arrangements of inclusion, the latitudinal set - 10/ - 5 was the solitary one to lessen in thickness over the eight twelvemonth range. This data totally ( including simply the mature ages of contribution from 1997 â⬠2005 ) does non back up the hypothesis that the ozone is being exhausted faster than it is being obviously made ; in any case, the correlativity of the change ought to be noted as because of the reducing of anthropogenetic substance by the Montreal Protocol, embraced in 1987, and other additional understandings that diminished the air centralizations of CFCs. This demonstrates a contrary relationship that a reducing in anthropogenetic substance results in an expansion in ozone thickness. Choice Since the ozone plays such an of import capacity to human life and the environment, it is of import to comprehend the conduct and changeability of its thickness. Knowing the ozoneââ¬â¢s conduct permits us to ensure our from now on and cognize to lessen the use of anthropogenetic substances/forms. By dissecting informations over mature ages, researcher can foresee whether or non the ozone is being exhausted quicker than it is obviously being made or in the event that it is fixing itself. Blending to the informations the ozone vacillates in thickness internationally because of latitudinal spot, occasional adjustments and the expansion/abatement of anthropogenetic substances. While latitudinal spot and seasons is a characteristic techniques in helping with innovative action and destruction cadence of the ozone, the aggregate anthropogenetic substances is something that can be controlled. The data demonstrates that a reducing in anthropogenetic substance outcomes in an expansion in ozone thickness. Index: Index 1: The month to month standard and one-year mean ozone thickness recorded by the TOMS for the latitudinal set - 60/ - 55 for the mature ages 1997 â⬠2005. The ozone thickness is estimated in Dobson Units ( DU ) . The one-year mean determined does non incorporate the nothing ( 0 ) records.Monthly Average and Annual Mean Ozone Thickness For the Latitudinal Band - 60/ - 55 Thickness estimated in Dobson Units ( DU )YearJanFebMarAprMayJunJulAugSepOctNovDecAnnual Mean1997309.5297.8292.4294.9292.9297.2301.7314.6323.6326.8323309.33071998304.5295.4289.1290.2299.3318.7323.1317.9316.3334.9332310.93111999301.5292.8288.8290.6299.9309.8316.3314325.5333.6329.8306.53092000297.2293.9291.6291.4291.3295.2296.5295.7321.7344.5337.3322.13072001307.8297.9295.1296305.6315.8315.4310321328.8330309.23112002301.6292294.7291.8299.5313.5327.5338.8351.5367.9343325.23212003313.3304.2295.2293.9297299.1303.6299315.3344.1342.2321.13112004307.3299.6295.7302.1301.1308.2310.6321.4334.9344329.4313.73142005308.8295.1287.4287.9290.5299.6303317.4329.5342.9338.60309Appendix 2: The month to month standard and one-year mean ozone thickness recorded by the TOMS for the latitudinal set - 40/ - 35 for the mature ages 1997 â⬠2005. The ozone thickness is estimated in Dobson Units ( DU ) . The one-year mean determined does non incorporate the nothing ( 0 ) records.Monthly Average and Annual Mean Ozone Thickness For the Latitudinal Band - 40/ - 35 Thickness estimated in Dobson Units ( DU )YearJanFebMarAprMayJunJulAugSepOctNovDecAnnual Mean1997270.3269.2267.3266.2271.6280.5290.1
Friday, August 21, 2020
Five Major Tips for Editing your College Essay TKG
Five Major Tips for Editing your College Essay By: Caroline KoppelmanEditing is a necessary skill to ensure your essay is coherent and also communicates enough about you. A lot of students get stuck on the idea of telling the admissions officers exactly what they think they want to hear, which can lead to their submission of an essay that realistically says nothing unique. By revising your essay, you can see how and where your narrative fails. This allows you to fix your essayâs flaws and submit a version of the essay that best reflects who you are.Debunking the Myths of RevisionDonât use a thesaurus. Sounding âsmartâ doesnât mean using big words. If you start going thesaurus crazy, the admissions officer will know. They arenât expecting you to spew SAT vocab in this essay, they want to hear what you have to say. This means that replacing your own words with ones that you think sound more âadvancedâ is not a good idea.Pick one idea and run with it. You shouldnât use the essay to tell the college anything and eve rything about yourself. Your job is to focus on one of your characteristics, we recommend one that is not already listed in your application, and then develop it. The way in which you write your essay will say all of the things you want it to say. You donât need to explicitly include them.Be realistic. In order to stand out, your essay doesnât need to be shocking, funny, or more than what you think constitutes a traditional âessay.â Pick a topic that speaks to you, not a topic that you think will speak to the reader. Then develop it in a unique way. Your writing should do the talking; you donât need to craft a Hollywood plot to make yourself stand out.Mind your metaphors. âCreative writingâ doesnât mean making everything into an analogy. You can get âcreativeâ without employing every rhetoric term youâve ever learned in AP English Language. Just be true to yourself and then youâll see more sincere and genuine results.Write like youâre talking to a friend. N o, this doesnât mean that every sentence should end in âLOL,â but it does mean that your essay doesnât need to be written in a formal tone. In the end, you want this piece to be personal, so write your essay as if youâre engaging in meaningful conversation, not like youâre trying to pitch a new app to a panel of potential investors. Your essay is supposed to be a reflection of your truest self -- a source that says more about you than your grades and what you did after school. Donât let the pressure of the deadlines get to you. You have plenty of time to submit a good essay, so donât rush the editing. We know you want to submit your applications and be done with it, but wouldnât you rather submit an amazing essay on the day of deadline than a mediocre essay a few weeks before itâs due?
Monday, May 25, 2020
Is Insider Trading Moral Or Illegal Finance Essay - Free Essay Example
Sample details Pages: 9 Words: 2631 Downloads: 9 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? In the latest years insider trading scandals were, very often, holding the first page of well-known journals or news TV channels. Pushed by mass media, the public perception on insider trading has been tailored as something wrong, unethically scandalous, with bad influences on everybodys welfare. The most famous was Martha Stewarts case who was investigated for using inside information about ImClone, but, in fact, accused of deceiving, together with her broker, the Securities and Exchange Commission (SEC) by coming up with an implausible explanation of why she sold her shares. Donââ¬â¢t waste time! Our writers will create an original "Is Insider Trading Moral Or Illegal Finance Essay" essay for you Create order The case received a high amount of media attention, and scholars questioned journalists professionalism and judgment in this type of cases (Brinkley, 2008). In the United States, well-known companies were involved, directly or indirectly, in insider trading investigations initiated by SEC. In May 2010, Walt Disney Company had to face an insider trading investigation due to one of its employees actions. As presented by the SEC investigation (U.S. SEC, 2010), Bonnie Jean Hoxie, an administrative assistant to a high-level executive, and Yonni Sebbag, her boyfriend, got involved in a brazen scheme to sell material non-public information about Disneys financial results and strategic intentions. In 2006, Goldman Sachs former employees, Plotkin and Pajcin, were accused of organizing a widespread and brazen international scheme of insider trading (U.S. SEC, 2006), the illicit revenues resulted from this affair being of at least $6.8 million. In 2001, Microsofts securities traded by Pequot Capital Management on insider trading information supplied by David E. Zilkha (Microsofts employee) generated $14,769,960 gains to the Pequot funds (U.S. SEC, 2001). Behind these famous cases in which the gilt and illicit gain resulted from trading inside information are obvious, legal insider trading may exist (Shell, 2001) and many scholars talk about ethical forms of insider trading (McGee, 2004). This report will examine the theories applicable to insider trading legally and morality depending on the effects that insider trading may have on financial markets evolution. DEFINITION In 1934 Act, the U.S. Congress legislated insider trading as damaging practice for financial markets, delegating to the SEC regulating responsibilities. Consequently, the SEC defined insider trading as buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, non-public information about the security (U.S. SEC, 2010). In the same category, the SEC included tipping inside information, trading by the tipped ones, and trading by persons who steal this information. Additionally, two laws were enacted The Insider Trading and Securities Fraud Enforcement Act of 1988 and The International Securities Enforcement Cooperation Act of 1990 (U.S. SEC, 1998) to enlarge the SEC area of influence and regulation, not only inside the U.S., but also in relation with foreign organizations. To describe the financial market it can be said that in todays market selling or buying securities is much easier than a few years ago. Regardless the action initiated by one party, the final result is the same: acquiring or renouncing to a companys ownership. In 1966 Manne divided these shareholders into investors and traders based on their intentions timeline: long-term, stable revenues for investors and short-term, speculating gains. Considering the players presented above, acting on inside information means that one shareholder sells or buys securities after receiving non-public information about the company or other factors with significant impact on its financial results. The information can be delivered by a company insider, like executives or employees. The law condemns these types of practices, regardless the sources of information, the method of obtaining it, or its real effects on markets efficiency. If the legal requirements for insider trading are clear, rigidly specified by the law, not the same think can be said about the ethical approach of insider trading. Over time the trades based on inside information raised many reactions, with opinions ranging from one extreme to another. ETHICS CURRENTS AND RELATED THEORIES Overcoming the technical definition and analysing what notorious theorists have written about insider trading two different currents of opinions can be distinguished: (i) authors who strongly believed that insider trading is always illegal, immoral, harmful e.g. Werhane (1991), Moore (1990); (ii) authors with opposite positions, sustaining the beneficial effects of insider trading over markets efficiency e.g. Manne (1966), Leland (1992) Machan (1996), McGee (1999, 2004). A short overview of the arguments developed by these authors will be next presented. Moore (1990) examined the ethical reasons against insider trading, such as unfairness, misappropriation of information and damages to good-faith investors and markets, concluding that insider trading real harm are its effects on fiduciary relationships. Werhane (1991) stated that insider trading is unfair to shareholders and other managers from whom that information is withheld. The insider trading issue has been discuss ed for the first time in economic literature by St. Thomas Aquinas (1225-1274) in his Summa Theologica written in the thirteenth century (McGee, 1990). In his writing Aquinas argues that a merchant, arriving in a city to sell his wheat, is not under the obligation to inform his buyers that similar merchants are on their ways to the city. In other words, not disclosing non-public information and taking benefits of this action is not wrong. Manne (1966), a well-known defender of insider trading, insisted for not seeing it in white and black colours, but for deepening the analysis through some additional questions: first, trying to find the winners and losers from trading inside information; second, searching the long-term effects of insider trading; third, if trading on inside information is, indeed, evil finding the way to avoid it and evaluating the costs. Leland (1992) linked the concept of insider trading with markets uncertainty and their specific functioning mechanisms. In his research Leland showed that insider trading can have several benefits such as (i) shares prices reacting better and higher; (ii) markets delivering increased expected real investment; (iii) decreased liquidity; (iv) gains for both, insider traders and owners of investment projects; (v) outside investors and liquidity traders will be hurt. Machan (1996) explained that insider trading can be formulated as using for financial advantages the information acquired from non-public sources. The way the information is obtained and the causation of the insiders act can make the difference between fraudulent intentions and morally right actions. McGee (2007a) evaluated insider trading through ethics approach, concluding that this practice should not be prohibited by laws, unless clear damaging effects are identified violating private peoples rights or markets efficiency. Over time two main theories were used to assess the ethical side of insider trading: the utilitarian theory an d the right-based approach. Summarizing, the utilitarianism states that an action/situation is good as long as the benefits are higher than the costs. McGee (2007b) proposes a logic scheme to assess ethical side of utilitarianism (see appendix 1). Furthermore, additional conditions are included in the utilitarian equation, conditions related with assessing the breach of fiduciary duty before determining the gains (see appendix 2). Still, the utilitarian theory is not perfect and some problems can be mentioned (McGee, 2009), such as: (i) difficulties in measuring the gains and losses; (ii) individuals benefit or are harmed differently from certain rules; (iii) individuals have different utilities/values for different things; (iv) rights are not taken into consideration. Finding a perfect fit between utilitarian theory and insider trading is not obvious. When trading securities the estimation of gains and losses is almost impossible. Moreover, identifying buyers and sellers its not possible due to anonymous character of stocks trades. Those who are selling dont know the identity of those who are buying (Ali, P.U., Gregoriou, G.N., 2009). The reasons for trading are different among traders (investors or inside traders), and consequently they have different utilities of their investment decisions. Because estimates of gains and losses are no longer needed, the rights theory eliminates one of utilitarian theory weaknesses. Instead of questioning if gains are higher than losses, the new theory evaluates if someones rights were violated (McGee, 2009). As for the previous theory, a flowchart drawn by McGee simplifies the logic (see appendix 3). The rights theory encounters the same problem as utilitarian theory. The parties involved in trade are not known which makes it more difficult to identify their rights. Supporting the theory of rights Ali (2009) argues that it can be successfully applied only if the property limits are specified for both parties, wh ich is not always the case for insider trading. INSIDER TRADING LEGAL ASPECTS As mentioned before, the legal framework for insider trading is provided by the 1934 Act, sections 16(b) and 10(b). Sections 16(b) refers to companies insiders like executives, high-level employees and to shareholders who own more than 10% of the shares because, in legal view, they will be more incentivized to use inside, sensitive information due to their high stake in the company. The section censures only the profits obtained in less than six months period (U.S. SEC, 1998). Section 10(b) broadens the spectrum of activities considered as insider trading to any purchase or sale of any security registered or not registered, regardless the trades status, if its acted with manipulative or deceiving intentions (U.S. SEC, 1998). Trying to make the law as broaden as possible in order to include all types of frauds, the SECs approach leaves place for many interpretations and ingenious schemes. Summarizing, the insider trading can be proved with the existence of two criteria: (i) a dir ect or indirect source of non-public, corporate information, and (ii) the use of this information for personal benefits, consciously knowing that is not fair for other people who dont have access to the same information. In order to avoid charges, the insider should disclose his information prior to transactions or refrain from trading until the information is available to all market traders (U.S. SEC, 1998). The discussion of the legality of insider trading which does not involve market manipulation or abuse of dominant position must touch two critical points: (i) the existence of legal provisions related to insider trading effects on market which could, theoretically, differentiate the gravity of legal charges or set-up a different reason for acting on inside information; (ii) the fairness for other traders could have different levels? In its present form, the law does not specify legal distinctions based on the effects that insider trading could have on market operations . Acting on inside information to manipulate the market or abusing of the companies/personal dominant position may or may not be intermediary steps for those involved in insider trading, the final target remaining the achievement of personal financial advantages. As an exemplification, in 1998, Ma and Sun summarized the motives for which managers or shareholders would involve in insider trading as being: (i) portfolio diversification and liquidity adjustment; (ii) corporate control; (iii) sentimental reasons; (iv) insider trading based on private information. For all four reasons, the final outcomes are personal financial advantages for insiders involved in trading. In laws approach the use of inside information at a lower level which will not trigger a significant impact on market is not less serious than any other insider trading. Regardless the reasons or the amplitude of actions, the law is rigid in considering any form of insider trading as illegal. The same logic can be used to assess the level of fairness for other people trading in good faith. The fact that the insiders transactions dont have a significant amount cant change the unfairness of insider trading. The market traders still have different levels of information and act according to them. In conclusion, as long as the traders were performed on inside information, the actions effects are no longer relevant for the law. Insider trading is illegal. IS IT INSIDER TRADING MORALLY RIGHT? In general insider trading practices are perceived as unfair and immoral behaviours with very bad consequences for markets and society, preventing equality among market players. Next to the law, ethical reasons are highly used for condemning insider trading. In 2002, Abdolmohammadi, M, and Sultan, J., showed that ethical reasoning is strongly linked with ethical behaviour, meaning that whenever a person uses ethical reasoning it is a low probability for that person to involve in insider trading. Still, part of scholars strongly state that insider trading can have favourable, morally acceptable, sides which may change the current black picture. In order to evaluate insider trading moral aspects a separation of market manipulation from acting on inside information must be made. This separation is based on Engelen and Liedekerkes reasoning (2007) who, starting from Mannes distinction between market manipulation and insider trading, argued that while insider trading by definition in creases market efficiency, market manipulation has not a positive effect on markets efficiency, deregulating dramatically the stocks price (see appendix 4). In assessing the morality issue of insider trading three dimensions can be considered: the relationships among financial markets players, the methods used to obtain inside information, the insider trading effects on market. Trades on todays financial markets imply the existence of sellers and buyers who dont know each other and who, a priori, have different amounts of information. At every moment in time, one seller/buyer may have information which is unknown to other players, information which are not necessarily obtained from inside. Using this information to trade cant be considered immoral or unfair for the rest of the market. Furthermore, there is no legal obligation to share it with other players (unless a previous contract with clear provisions exists). The same reasoning can be applied if we supplement this variati on of information among traders with inside information. The methods used to obtain or to diffuse inside information can be questionable. If the information is stolen, spied or extorted, that can be considered an immoral action, but doesnt make insider trading immoral (Machan, 1996). Obtaining the information and trading on it are two separate actions. One harmless way of obtaining non-public information can be by accident. Actually, Shell (2001), developing his reasoning for legal insider trading, described one innocent case of obtaining non-public information in an elevator, by accident. Insider trading can have favourable effects on financial markets. McGee (2007; 2009) summarizes all the arguments developed by theorists over time to sustain insider trading, arguments such as: (i) trading on inside information can be seen as a supplement to executives compensation, decreasing companies costs; (ii) acting on inside information increases market efficiency; (iii) rights-based arguments sustaining the owners right to use their properties as they want; (iv) insider trading can support management to fulfil its obligations to shareholders, meaning increased stocks prices. Next to these arguments the increased market liquidity (Aktas, N., et al., 2007) can be added. If the overall effects on market are positive, can we draw the conclusion that what is good for market (and, implicitly, for society and people) is also morally acceptable? The response could suggest that insider trading can be defined as moral as long as insider traders will not exaggerate in their practices only by motivating that is good for people, but using insider trading as a mechanism to leverage the market. Appendices Appendix 1 Modern Utilitarian Ethics Source: McGee, R.W., 2007b, A Flow Chart Approach to Analyzing the Ethics of Insider Trading, Andreas School of Business Working Paper Series, Barry University, Miami Shores, (September 2007), available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1015052 Appendix 2 Electic Utilitarian Ethics Source: McGee, R.W., 2007b, A Flow Chart Approach to Analyzing the Ethics of Insider Trading, Andreas School of Business Working Paper Series, Barry University, Miami Shores, (September 2007), available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1015052 Appendix 3 Rights-based Approach Source: McGee, R.W., 2007b, A Flow Chart Approach to Analyzing the Ethics of Insider Trading, Andreas School of Business Working Paper Series, Barry University, Miami Shores, (September 2007), available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1015052 Appendix 4 The Impact of Insider Trading on Security Prices Source: Engelen, P.J., and Van Liedekerke, L., 2007, The Ethics of Insider Trading Revisited, Journal of Business Ethics, p. 497-507, Volume 74
Thursday, May 14, 2020
Charles Dickens Biography Essay - 926 Words
Charles Dickens, the son of John and Elizabeth Dickens, was born in Landport on 7th February 1812. John Dickens worked as a clerk at the Navy pay office in Portsmouth. He later found work in Chatham and Charles, the second of seven children, went to the local school. John Dickens found it difficult to provide for his growing family on his meager income. In 1822 the family moved to Camden Town in London. John Dickens debts had become so severe that all the household goods were sold. Still unable to satisfy his creditors, John Dickens was arrested and sent to Marshalsea Prison. Charles, now aged twelve, found work at Warrens Blacking Factory, where he was paid six shillings a week wrapping shoe-black bottles. Six months after beingâ⬠¦show more contentâ⬠¦Unlike most radical newspapers such as the Poor Mans Guardian and The Gauntlet, the True Sun did pay the 4d. stamp duty. Despite having to charge the heavy tax imposed on newspapers, the True Sun sold 30,000 copies a day. In his articles, Dickens used his considerable knowledge of what went on in the House of Commons to help promote the cause of parliamentary reform. Charles Dickens was pleased when Parliament eventually agreed to pass the 1832 Reform Act, however, like most radicals, he thought it did not go far enough. The new reformed House of Commons passed a series of new measures including a reduction in newspaper tax from 4d. to 1d. As a result, the circulation of the True Sun increased to over 60,000. In 1833 Dickens had his first story published in the Monthly Magazine. Using the pen-name of Boz, Dickens also began contributing short stories to the Morning Chronicle and the Evening Chronicle. These stories were so popular that they were collected together and published as a book entitled Sketches by Boz (1836). The publisher, William Hall, now commissioned Dickens to write The Pickwick Papers in twenty monthly installments. This was followed by Oliver Twist, published in Bentleys Miscellany (1837-38) and Nicholas Nickleby (1838-39), also published monthly. Dickens was now the most popular writer in Britain and over the next few years he wrote a series of popularShow MoreRelatedCharles Dickens Biography1626 Words à |à 7 Pagesattention to the childhood cruelty, the less fortunate in an English society, and the unwealthy dysfunctional families of the early Victorian time period. Charles Dickens reflects these and other issues as he brings to life the realism of writing. While others were writing about the way things should be, rather than the way things were, Dickens was challenging these ideas, and argued that paupers and criminals were not evil at birth. This was an act of rebellion, for he in fact was showing the VictorianRead MoreBiography on Charles Dickens627 Words à |à 2 Pagesel der Dickens was transfered several times, first to London, then to Chatham, and finally, in 1822, back to London, where the family lived in Camden Town. John Dickens was constantly in debt, and in 1824 he was imprisoned in Marshalsea debtors prison (Southwark). Charles was forced to leave school at the age of 12 and go to work in a bootblack factory to help support the Dickens family.It was his personal experience of factory work and the living conditions of the poor that created in Dickens theRead MoreCharles Dickens: A Brief Biography Essay1315 Words à |à 6 Pages Charles Dickens Ruth Glancy, a world-renowned Dickens scholar, believed that Charles Dickens blended the Romanticism era, the Industrial age, and the Victorian era into unforgettable novels that still had the whimsical, imaginative part of life. Ruth conceded, ââ¬Å" Dickens increasingly saw the need for finding and nurturing the imaginative core of life that can prevail even in the middle of the modern industrial city (Glancy 17).â⬠Charles used his own experiences and imagination to evoke storiesRead MoreIn His Biography of Charles Dickens, Edgar Johnson Writes ââ¬Ëââ¬â¢a Christmas Carolââ¬â¢ Is a Parable of Social Redemption and Scroogeââ¬â¢s Conversion Is the Conversion for Which Dickens Hopes Among Mankindââ¬â¢ Discuss.1134 Words à |à 5 Pagesnovella written by Charles Dickens which illustrates a somewhat happy Christmas story that highlights the importance of being a kind hearted person. Throughout his novella, Dickensââ¬â¢s shows the reader his intended moral of th e story, that Scroogeââ¬â¢s transformation at the end of the novella is what Dickensââ¬â¢s hopes that our world will too surely change. This is evident throughout the novella as he depicts Scrooge (before the conversion), the main character; to stand for all that Dickens is against. He alsoRead MoreGreat Expectations by Charles Dickens984 Words à |à 4 PagesCharles Dickens utilizes his life for inspiration for the protagonist Pip in his novel Great Expectations. They both struggle with their social standing. Dickens loved plays and theatre and therefore incorporated them into Pipââ¬â¢s life. Dickens died happy in the middle class and Pip died happy in the middle class. The connection Dickens makes with his life to Pipââ¬â¢s life is undeniable. If readers understand Dickens and his upbringing then readers can understand how and why he created Pipââ¬â¢s upbringingRead MoreCharles Dickens: Carrying a Burden of Social Responsibility705 Words à |à 3 PagesCharles Dic kens: Carrying a Burden of Social Responsibility Charles Dickensââ¬â¢ classic novella A Christmas Carol, focuses on the social responsibility of the wealthy to help the poor and less fortunate. Dickens, having lived in poverty as a child, knew of the many struggles of the lower class of London. As an author, he made it his goal to reform England as best he could. Many of his works ran in his weekly journal, Household Words, including Christmas Stories and Great Expectations. In a ChristmasRead MoreCharles Dickens Great Expectations1669 Words à |à 7 PagesCharles Dickens He was one of England s greatest authors of the 1800 s, better known as the Victorian era. The various themes and ideas of that time are perfectly showcased in his many novels and short stories, such as Nicholas Nickelby, Great Expectations, Oliver Twist, A Tale of Two Cities, and A Christmas Carol. Much of the inspiration for these works came from the trials and conflicts that he dealt with in his own life. His volumes of fictional writing show the greatRead MoreEveryone Appreciates A Good, Rags, And Oliver Twist1728 Words à |à 7 PagesEveryone appreciates a good ââ¬Ërags to richesââ¬â¢ story. Charles Dickens did as well, in fact it could be said that his own story was one of rags to riches. Dickens knew poverty, he also knew people, and how poverty can effect and change them. Over the course of his life he wrote some of the most famous and beloved stories, from ââ¬Å"A Christmas Carol,â⬠ââ¬Å"Great Expectationâ⬠, and ââ¬Å"Oliver Twistâ⬠, to ââ¬Å"Nicholas Nicklebyâ⬠and ââ¬Å"Davis Copperfield.â⬠Today Dickens is considered to be by many, one of the most well-knownRead More The Childhood of Charles Dickens Essay1498 Words à |à 6 PagesThe Childhood of Charles Dickens à à à à à à I do not write resentfully or angrily: for I know all these things have worked together to make me what I am - Charles Dickens à Charles Dickenss tumultuous childhood did indeed shape the person he became, as well as have a definite impact on his literary career.à There are shades of young Dickens in many of his most beloved characters, including David Copperfield, Oliver Twist, and of course, Great Expectations PipRead MoreCharles Dickens A Great Writer1105 Words à |à 5 PagesOctober 2015 Remembering Charles Dickens Charles Dickens is a famous author who wrote numerous books which were enjoyed by many throughout the years. His books are known xquisite characters and real-life settings. Charles experienced difficult times as a young boy (ââ¬Å"Charles Dickensâ⬠par. 7). These difficult times followed him throughout his life. He uses ideas from these struggles to express his feelings through the books he writes. The many struggles of Charles Dickensââ¬â¢ early childhood greatly
Wednesday, May 6, 2020
The Hero s Journey Is Theory By Joseph Campbell - 925 Words
The heroââ¬â¢s journey is theory by Joseph Campbell. It states that all great stories include the same characters that have to undergo seven stages that are the hero, herald, mentor, threshold guardian, trickster, shapeshifter and shadow. In the story Young Goodman Brown was once a great man. Now he sees everyone as a sinful and bitter person, how did this come to be? It all began one night when Young Goodman Brown had a dream that changed his life forever. In his dream he saw his wife and the good people of his town attend a Witchesââ¬â¢ Sabbath. This changes Young Goodman Brown`s perception of reality and how he perceives everyone around him to be devil worshippers. The changes Young Goodman Brown goes through mentally, affect his character and how people of the town look at him. He is despised by all around him for the actions he took against the people of his town. He spends his adult life as a sad and desperate man and his dying hour was gloomy. (qtd Predmore, Hawthorne 25 6) Young Goodman Brown was a newlywed, religious and pious man, who was setting off on a journey at sunset into a forest, where apparently he had an errand. He leaves behind his wife, Faith; parting with a kiss, he set off on his journey. As he entered the gloomy wilderness of the darkening forest, he had a strange feeling of vulnerability towards being easily attacked by the devil. On this journey Young Goodman Brown met an old man who suspiciously looks like his grandfather, he was holding a stick thatShow MoreRelatedWilliam Shakespeare s Hamlet s Revenge1725 Words à |à 7 PagesShakespeare s portrayal of Hamlet s revenge is not a worthy journey because he never finds his self worth, distracted between what will exemplify his purpose, and what will make him a failure in the memory of Denmark. Three quotes with analysis explaining thesis: Act 1 Scene 5 Ghost: ââ¬Å" But know, thou noble youth, Hamlet: ââ¬Å"Oh My Prophetic Soul! My uncle?â⬠The serpent that did sting thy fatherââ¬â¢s life Now wears his crown.â⬠The beginning of the ââ¬Å"call to adventure -J Campbellâ⬠, HamletRead MoreDjango Unchained Heros Journey1223 Words à |à 5 PagesFreedom The Hero with a Thousand Faces, by Joseph Campbell, explains the characteristics of the heroââ¬â¢s journey. This journey consists of a hero leaving his or her ordinary world on an adventure to later return as a changed person. The movie Django Unchained tells the story of a newly freed slave, Django, in the world of racism at its most treacherous time. Django learns how to survive in this world and sets out to rescue and free his wife. By analyzing this movie, Campbellââ¬â¢s theory about the heroââ¬â¢sRead MoreLiterary Criticism Of The Odyssey1604 Words à |à 7 Pagesthe second-oldest extant work of Western literature. The Odyssey is an epic poem and can be understood through the lens of archetypal criticism which explores themes that are based on heroism and the protagonist Odysseus is an epic hero who undergoes a ten-year journey to return to Ithaca. Northrop Frye explains the value of archetypal literary criticism in helping modern readers appreciate the universal and timeless themes of the epic: â⬠[ Archetypal literacy criticismââ¬â¢s role is in] refashioningRead MoreBeowulf Versus Shrek1257 Words à |à 4 Pages(Heroââ¬â¢s Journey) Joseph Campbell dedicated his whole life researching patterns that appear in almost every hero story or movie. He discovered that there are a few basics stages that just about every hero character goes through. This cycle is called ââ¬Å"the monomythâ⬠or more commonly known as ââ¬Å"the heroââ¬â¢s journey.â⬠This paper will compare and contrast Beowulf and Shrek and how each fits into the monomyth. Every story that involves a hero will subsequently follow the concept of the Heroes Journey. In bothRead MoreThe Hero s Journey By Joseph Campbell1786 Words à |à 8 PagesTHESIS The main points of the heroââ¬â¢s journey by Joseph Campbell is the basis of most stories throughout history, Divergent and The Epic of Gilgamesh being prime examples. PURPOSE These stories follow the format of the heroââ¬â¢s journey because it shadows the steps that Campbell explained. ââ¬Å"In his study of world hero myths Campbell discovered that they are all basically the same story ââ¬â retold endlessly in infinite variationsâ⬠(Vogler). Campbellââ¬â¢s idea of this journey that all heroes complete is presentRead MoreWhat Makes A Hero?934 Words à |à 4 Pages Most people have theories on what makes a hero a hero. Many authors over time have created books, comics and so forth on heroes and what they feel makes them the hero. There are also the ancient legends and myths from all over the world. So what is it that makes them a hero? Well Joseph Campbell has a pretty good outline of what he thinks should define a hero. A hero is a person who in some way breaks the molds of a normal human being. Their wisdom, courage, and durability ect. exceedsRead MoreRussian Formalism And The Hero1098 Words à |à 5 PagesThe title hero has b een around for a long time. There are many things that can pop into a personââ¬â¢s head when the word hero is said. Within Russian formalism, there is the idea of structures and perceptions within literature. The time, place, historical movement, and author, can change the perceptions of a novel or even how it is written. Stories have been around since people started to communicate. Stories or myths were used to teach lessons, for entertainment, or to keep history alive. There haveRead MoreMy Ultimate Hero Essay My Hero1469 Words à |à 6 PagesIrma Zamora 08/09/2017 Ramshaw My Ultimate Hero As a whole, anyone can relate to a story that inspires us to acquire a role a hero with our own capabilities. An immigrantââ¬â¢s heroââ¬â¢s journey highlights the human experiences of fear, courage, vulnerability, daring and inspiration. Despite of the nationality, we look up to hero because they fear the unknown and answer there call to adventure and leave their familiarized culture. Then go through trails that seem impossible, obstacles, and even feel likeRead MoreThe Curse Of A Vivid Dream915 Words à |à 4 Pages The curse of a vivid dream The heroââ¬â¢s journey is theory by Joseph Campbell. It states that all great stories include the same characters that have to undergo seven stages that are the hero, herald, mentor, threshold guardian, trickster, shapeshifter and shadow. In the story Young Goodman Brown was once a great man. Now he sees everyone as a sinful and bitter person, how did this come to be? It all began one night when Young Goodman Brown had a dream that changed his life forever. In his dream heRead MoreThe Movie Hocus Pocus Was Directed By Kenny Ortega And The Salem Witch Trail997 Words à |à 4 Pages In the late 1940ââ¬â¢s a man named Joseph Campbell shared his Mythic principal with the world. He explains that there is a three-stage formula that he calls a Hero Journey which is the structure of every story. Though most stories are completely different on the outside, the stories are almost structured around these three stages. Stage 1 is the hero leaves the everyday world and enters another world . While Stage 2 the hero is challenged by opposing forces and must pass a series a test throughout the
Tuesday, May 5, 2020
Green Eggs and Ham free essay sample
Green Eggs and Ham is a childrenââ¬â¢s picture book â⬠¢Its is about a character called ââ¬Å"Sam I Amâ⬠â⬠¢His goal is to try and get his grouchy roommate to try green eggs and ham in various locations, (like a boat or a house), with an assortment of dining partners (like a goat or a mouse). â⬠¢At the end, the roommate gives in to his Samââ¬â¢s constant nagging and tries a bite of the Green Eggs and Ham, where he discovers that he actually likes Green Eggs and Ham. Banned ââ¬â Early Marxism: Green Eggs and Ham was banned between 1965 and 1991 in the Peopleââ¬â¢s Republic of China because of a portrayal of ââ¬Å"early Marxismâ⬠. The ban was only uplifted because of Seussââ¬â¢ death â⬠¢Marxism is the political and economical theories of Karl Marx, which later developed into the basis for communism â⬠¢Karl Marx disliked capitalism, because it is a system in which everybody buys and sells to try and end up with as much money as they can. We will write a custom essay sample on Green Eggs and Ham or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This ends up with people who have a lot of money who own the factories, and with poorer people who only have a little money and work in the factories. The general idea of Marxism is to have the people working in the factories, owning the factories. China thought the government should own and control everything, which goes against Marxââ¬â¢s ideas of the workers owning the factories. â⬠¢In Green Eggs and Ham, Sam ââ¬Å"ownsâ⬠his own eggs, and is almost selling his product to his friend. Sam is showing his independency and giving his friend ââ¬Å"wealthâ⬠in the form of extra food. Banned ââ¬â Homosexual Innuendos: â⬠¢It was also banned in a school in California for having homosexual seduction. In the novel, Sam tries to convince his friend to ââ¬Å"eatâ⬠the green eggs and ham â⬠¢The ham represents a phallic sausage Several of the lines, such as ââ¬Å"Would you, could you, on a boatâ⬠and ââ¬Å"Would you, could you, with a goatâ⬠is said to be proposing sexual locations. Dr. Seuss: â⬠¢Dr. Seuss was a very politically aware author, and tried to put in many lessons in his books. â⬠¢Examples of this include being environmentally aware in ââ¬Å"The Loraxâ⬠, racism in ââ¬Å"Yertle the Turtleâ⬠and the dangers of holiday-inspired consumerism in ââ¬Å"The Grinch Who Stole Christmasââ¬
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