Research paper on regulatory risk an Example by

Research paper on regulatory risk Brief sketch of facts and events Alumina Incorporated is an international aluminum maker company that conducts business operations among eight countries across the globe handling aluminum business in constructing automotive parts as well as in producing packaging materials. The company, located on the border of Lake Dira in Erehwon state, also handles refining alumina, bauxite mining and aluminum smelting with America comprising 70% of the companys total sales.The persons responsible behind the success of Alumina in the industry and in keeping the company afloat in the competitive global aluminum market include Roger Lloyd, the chairman of the company who strongly adheres to the principle of law within the corporation, as well as Chris Blake, the chief operating officer of the company whose rank is next to Roger Lloyd. Diane Richards leads the Public Relations section of the business firm and is trusted by the board of directors after modulating angry investors when the company assembled large technological changes in its Level-B factories in the developing countries. Arthur Todd is the companys legal counsel with a good grasp in litigation as well as in regulatory arrangements. Need essay sample on "Research paper on regulatory risk" topic? We will write a custom essay sample specifically for you Proceed Alumina was reported five years ago for obtaining a violation of environmental discharge standards after a customary evaluation inspection for EPA compliance, finding out that the test samples for the PAH concentration levels exceeded the tolerable threshold. After complying with the EPA ordered clean up, the following environmental assessment accounted that the violation has been remedied. With the exception of the case five years ago, Alumina Inc. has kept a satisfactory record in complying with the environmental regulations. However, a local resident named Kelly Bates poses a threat to smear the integrity and compliance record of the company after pointing the finger at the company for her 10-year-old daughters current health condition. She claims that the aluminum firm has constantly polluted the Lake Dira waters with carcinogenic waste matter and that the consumption of the 38-year-old single mothers daughter of it instigated her leukemia, further claiming that the poor condition of her daughter began with the companys first case of violating the environmental regulations five years ago. Legal and business considerations It must be noted that both the federal and state governments of America, particularly through the EPA and the administration and enforcing of existing regulations, have combined efforts in ensuring environmental safety. Hence, companies, especially those whose operations primarily involve the environment, are expected to align their business actions with the established federal and state laws. In the same manner, founding and preserving satisfactory relations with the community is also essential as it occupies a crucial role during times of crisis in resolving specific issues. The communitys assistance with the company, or its deficiency, should always be considered in crafting company policies, decisions and actions. Moreover, transparency with the business operations of the company is also a major concern as citizens can file for a request of the companys records among government offices as well as the companies themselves under the Freedom of Information Act (FOIA) given particular stipulations. To a certain degree, it roughly goes against the privacy policies of certain business firms as they are required to maintain the confidentiality of business information as a section of the FOIA that covers vital interests. In the case of Bates and Alumina Inc., mediation can be taken as a means to resolve the conflict beyond the court through several individuals as well as organizations such as the American Arbitration Association as both parties are given the opportunity to craft their corresponding terms of settlement. Conflicts and ethical dilemma There are several conflicts in the competing stakeholders with regards to the case of Bates and Alumina Inc. For the most part, one of the primary concerns of Roger Lloyd in general is to preserve the integrity and the name of the company by doing what is immediate and necessary in order to urgently resolve the conflict and to take advantage of the self-policing incentives of the EPA. Arthur Todd, on the other hand, is inclined to utilize the best legal measures in advancing the interest of the company without inciting further damage or conflict. Chris Blake, with respect to his position in the company, is slanting towards the full confidence in the companys operations thus suggesting the full disclosure of their corresponding business records since there is nothing to hide. Last but not the least, Diane Richards highlights the role of negotiations since these offer the advantages of creating a good image before the public and of consoling Bates. All these considerations comprise the ethical dilemma of either pursuing the interests of the company or taking up the responsibility in the case of Bates. By further pursuing the interests of Alumina, it relegates the plea of Bates unto lower considerations thereby setting aside central concerns and decisions with regards to Bates and focusing instead on the operations of the firm. On the other hand, by taking up responsibility in the case of Bates, the company might be seen as negligent of its environmental operations and the corresponding EPA regulations although the case of Bates can be resolved more efficiently. The ethical dilemma centers on the idea of which side is to be given higher consideration without inflicting more damage to both parties. The internal counsel Several basic issues for the organizations internal counsel include allegations of violations in regulations. The counsel is primarily prompted to gather all necessary facts through a comprehensive investigation which will serve as the foundation of the companys decisions and actions with regards to the allegations. Although these facts can be used by the organizations adversary, it is assumed that the company should handle these facts responsibly with legal assistance all throughout the process. Moreover, another basic issue for the counsel is when the public is requests for the records of the company from relevant governmental authorities. Although the public can decide to obtain information, the company, however, can choose to not disclose confidential company records before the public depending upon the discretion of the government agency. An alternative to a partial disclosure because of business confidentiality is to narrow down what the public can get hold of by releasing the records that only pertain to the case at hand. This assures as well confidentiality of the business information. There are also factors that the company should primarily consider in the event of allegations against their business operations. These include the expenses covered in the legal battle and the uncertainty of the litigation process, the whole duration of the litigation as it affects the performance of the company in terms of time and resources, and publicity and confidentiality which entail the risk of making private business information and trade secrets open to the public and other rival companies inasmuch as publicity and confidentiality can bring about a degrading effect to the reputation of the companys name. Summary of the alternatives The recommended solutions offer a variety of consequences to the company in the context of the ethical dilemma. The first alternative solution fares well inasmuch as it addresses the ethical dilemma of which side is to be given higher consideration by emphasizing the credible reputation of the company in the eyes of the government authorities and making Kelly Bates aware of the companys status. It aligns well with Aluminas value of taking care of its companys reputation and performance. The second alternative solution, however, does not fare quite well because of its costly measures that do not provide a high degree of probability in addressing the concerns of both Kelly Bates and Alumina. Although it promotes the value of the company by shaping a good image of Alumina before the eyes of the public through positive advertising, it nevertheless consumes much of the companys resources in a seemingly futile campaign with regards to the case of Bates. References Crouhy, M., Mark, R., & Galai, D. (2000). The Regulatory Environment. In Risk Management (1 ed., pp. 19-20). New York: McGraw-Hill. Health, T. A. o. S. o. P. (2007). Introduction to Risk Assessment in Public Health. In M. G. Robson & W. A. Toscano (Eds.), Risk Assessment for Environmental Health (1 ed., pp. 1-10). San Francisco, CA: Jossey-Bass. McCormick, R. (2006). The Essentials of Legal Risk Management. In Legal Risk in the Financial Markets (pp. 227-252). New York: Oxford University Press, USA.

How The effect of information asymmetry affects Essays

How The effect of information asymmetry affects Essays How The effect of information asymmetry affects Essay How The effect of information asymmetry affects Essay Academic Writing In English for Graduate Students, Spring 2014 How The effect of information assortment affects on business decisions He Jung Gang Business Department, Korea University Paying dividends to shareholders may benefit to some companies chief executive officers (CEO). It is because they receive stock options as an incentive for any dividends Selectivenesss. The shareholders of some firms vote on whether to pay dividends or to Invest In valuable projects. A CEO may try to make encourage hardliners to vote to parlor dividends using information asymmetry. Information asymmetry means a situation where one party has more or superior information compared to another in a transaction. This harmful situation, in which one partys lack of knowledge may lead to disadvantages of, often happens in business decisions. Some companies have tried for shareholders to limit access to financial information to pursue them shareholders to agree to pay for dividends rather than to spend money for on investing investment, especially in R business and growth options. Early studies have found that dividends have a significantly negative influence on investment (Peterson, 1983) due to information asymmetry, even if dividends should not affective no effect. This essay will summarize how information asymmetry affects business decisions in R investments and growth options. First of all. In R Investment. Higher Information asymmetry between CEO and shareholders can occur due to greater uncertainty on the future benefits relative to capital investment, leading to moral hazard problems (Chant, 2001). Executives may Orca shareholders to choose to pay dividends rather than to pursue valuable investment projects on limited internal funds. It is because having little financial information provided by CEO leads shareholders to make an Invaluable sub-optimal business decisions. To receive funding from outside Investors, firms may spend money for on conference events If needed or for hilling to make roll the collection of data for reporting for to outside investors. Therefore, firms are likely to cost high for spend a lot to secure funding for R investments (Hall, 2010). Secondly, growth options mean that a company invests to growth of potential future outputs In future. Information asymmetry can also occur in growth options. It Is because growth options have greater uncertainty and Involve unverifiable future cash flow reports (Smith, 1992) and shareholders may be more likely to have difficulties to understanding or estimate estimating future cash flow repossesses reports. When greater competition for internal funds between paying dividends and investing projects occur, companies may be forced to forgo the investments as Coos re reluctant to cut dividends (Lintier, 1956). Information asymmetry will play a vital role negatively to affect business decisions. Again, the higher costs of raising funds As can be seen, due to information asymmetry between executives and shareholders, firms forgo valuable investment projects especially in R and growth options to pay dividends. In summary, information asymmetry plays a crucial role in investment decisions negatively because shareholders can vote to pay dividends rather than to invest in valuable projects in a situation where little data is provided.

How to write a winning business plan - Emphasis

How to write a winning business plan How to write a winning business plan Whether youre setting up a new business venture or trying to get the go-ahead for a project, theres one essential document you need. Rob Ashton, Chief Executive of Emphasis, gives a step-by-step guide to writing a good business plan. Why you need one Theres a memorable conversation in Lewis Carrolls novel Alice in Wonderland, where Alice asks the Cheshire cat for directions. She says it doesnt matter where she gets to, as long as she gets somewhere. This leads the cat to reply: Then it doesnt matter which way you go. If you dont have a crystal-clear vision of where you want your business to go, youll be as confused as Alice when you hit a crossroads. Your business plan is your route to growth and success. But in order to write it, you need to know what you really want to achieve. This means youll have to spend time examining the strengths and weaknesses of your business, a process that has numerous pay-offs in itself. Researching your own company helps you to take a critical look at what you have to offer and who your competitors are. This enables you to better navigate the industry minefields and gives you a benchmark against which to measure success. Many people think of business plans as a necessary evil, written only to gain external funding. Instead, look at yours as an essential planning tool, whatever your financial situation. Remember, if you dont plan where to go, youre inadvertently planning on going nowhere. Crafting your business plan Heres a seven-step guide to writing your business plan. Work through each section and youll have an ordered, content-rich document that gets you where you want to go. Step one Description of the business After the executive summary (see step seven), the first thing youll need to do is describe your business. Get started by asking the following questions: What do I sell or offer? Why? To whom do I sell? What is the history of the business? What is my vision for the future? What is different about the services I offer? What is the legal structure of the company? Think about your audience carefully before you write the description. Ask yourself what words and phrases they will understand and be careful not to include too much jargon. Step two Market research Think about your industry and what you think the future trends will be. Then analyse your competition. Determine what size of the market they hold and then clearly define where you fit into the mix. Step three Marketing and sales strategy Ask yourself why companies buy what you offer, and how you sell it. Think about how you are going to reach the organisations that need your services and what pricing plans youll offer. Whether youre an in-house department, specialist contractor or a large multi-service company, therell be a variety of ways to reach prospective clients. Step four Management and personnel team Many facilities management companies claim that people are their best asset. Think carefully about your management team and outline the background, experience and qualifications of each individual. The people on your team will often make or break your success. Fully evaluate their credentials and look out for any skill gaps that could be improved with training. Step five Operations Analyse the location of your business, in terms of advantages and disadvantages. Your own premises, production facilities and IT systems must be excellent. Make sure you address any weaknesses in your plan with recommendations for improvement. Step six Financial forecast This section requires you to translate the contents of your plan into numbers. Include cash flow statements, profit and loss forecasts and a sales forecast. Dont forget that if youre looking for funding, you need to spell out how much you need and how youll repay the loan. Step seven The executive summary Leave this until last, even though it goes right at the beginning. Once youve followed all the other steps, youre in a position to write this stand-alone document, which outlines the key points in your entire plan. Keep it to a maximum of two pages. Remember, some people will only read this section so make it shine. Tip: rather than trying to distil the full document down, follow your original document plan. Just write less in each section this time (a couple of sentences or a paragraph, rather than several pages). Finally, the ink may be dry but your business is constantly changing. Your business plan is a dynamic document, so youll need to update it regularly.

Data Communication assignment - 4G Essay Example | Topics and Well Written Essays - 1000 words

Data Communication assignment - 4G - Essay Example It all started with 1st generation mobile communications that were focused on analogue means of communication, this was followed by 2nd generation which resulted in a total shift of medium from analogue to digital(Palanivelu & Nakkeeran 2009). Ever since the introduction of digital sources of communication there has been no looking back, and the current standings are at 3rd, 4th generation and beyond. Furtherance and change being natural phenomena, mobile communications have seen a revolution in the manner in which they are operate today. State of the art technology exists in the field of mobile communication that has made the once impossible, possible. 4G is a generic term that represents a family of number of standards that are around in use. The family encompasses all those elements that are beyond 3G, namely Wimax, L.T.E, Wimax 2.0, HSDPA, Advanced L.T.E and all other standards that fulfill the demands and specifications being presented by International Telecommunication Union (W ang, Kondi & Luthra 2009). 4G standards provide data rates nearly ten times higher 3G (Aktas & Ismail 2004) with focus on resolving the last mile issues once for all by reaching to even the most remote of areas across the globe. The most prevalent of 4G family is Wimax. It has been around for 6 to 7 years now and has made inroads into the market on commercial scale. More promise is being shown by L.T.E which is termed as the true representation of 4th generation technologies that will set the platform for coming generations in telecommunication world. The journey towards 4th generation technologies started with Wimax in early 21st century. Wimax is an acronym for World Wide Interoperability Microwave Access. It is another name for ubiquitous internet connection, be it on the go or under the roof. Work was in place for last few years and it was first introduced on commercial scale for public use in South Korea. Many more countries have joined the caravan and have implemented 4G on co mmercial scale. The recently published requirements for a true 4G system specified by I.T.U, demand more than Wimax and L.T.E initial versions offered, Wimax 2.0 and L.T.E Advanced fulfill the requirements being stated by I.T.U as the just members of 4th generation(Cox 2012). Wimax has made rapid progress in last few years and has a cluster scattered in various parts of the world already. Few of the companies that have implemented Wimax include Sprint, Etisalat, and Nexter to name a few. T-Mobile is aiming at L.T.E implementation on fully commercial scale in coming days. 802.16d vs. 802.16e: Improvements have been made in the Wimax technology periodically, the initially launched version was 802.16d which provided limited or no mobility. In order to capture large scale market and attract customers to itself, a new version 802.16e was introduced later in 2005 which provided ease of movement and had focus on mobility Features of Wimax: Wimax provides large number of features compared t o its predecessors and few of them are: OFDMA (Orthogonal Frequency Division Multiplexing Access): An interface aimed to overcome the short comings of OFDM, provides the feature of entertaining multiple users at the same time and brings about more stability and reliability in the network. The use of Fast Fourier Transform (F.F.T) by the incumbent allows increased number of bits being transformed from one source to another (spectral efficiency) .802.16d made use of OFDM while the later version (802.16e)

Financial analysis case report Study Example | Topics and Well Written Essays - 1000 words

Financial analysis report - Case Study Example Table 1 Dupont Dupont Result 2011 2010 2009 Lowe 0.11 0.09 0.12 Home Depot 0.18 0.14 0.13 John Guerard (37) emphasized the Dupont formula is a useful tool for making financial decisions. making. Based on the Dupont data above, it is highly recommended that the company should increase the number of stores selling the company’s products and services. The company should focus on selling more quality products and offering more quality services to the clients. The company should also engage in research and development to discover new products. The company should also improve the quality of the company’s current home improvement products and services. The company should sell the products at affordable prices. The company should advertise the many benefits of buying the company’s products and services. The company’s advertisement expense should represent 10 percent of the company’s total expenses shown in the balance sheet. The company must target a ten pe rcent increase in its current month’s sales. An Based on the financial statements of Lowe Company and Home Depot Company, the Dupont results strong state that the Lowe’s company the companies’ discrete operational and marketing activities significantly influence the overall return on assets for both companies. The Dupont financial statement calculation indicates that Lowe’s generated a 0.12 Dupont during 2009. ... n is .11 Based on the Home Depot calculation, the Dupont results strong state that the company the companies’ discrete operational and marketing activities significantly influence the overall return on assets for both companies. The Dupont financial statement calculation indicates that Home Depot’s generated a .13 Dupont during 2009. The 2010 Dupont computation shows the company generated an increase in the Dupont results. The 2010 Dupont financial statement calculation is .14. The 2011 Dupont computation shows the company generated an increase in the Dupont results. The 2011 Dupont financial statement calculation is .18 Change over time analysis of what's going on using additional financial and performance data. Home Depot’s setting up more stores compared to Lowe’s is the main reason for Home Depot’s taking the lone spot as the world’s no. 1 home improvement retail store. Setting more branches precipitates to more revenues. Table 2 Net Prof it Margin 2011 2010 2009 Lowe 0.04 0.04 0.05 Home Depot 0.05 0.04 0.03 Based on the financial statements of Lowe Company and Home Depot Company, the Net profit margin results strong state that the company the companies’ discrete operational and marketing activities significantly influence the corresponding net profit margin for both companies. The net profit margin indicates that Lowe’s generated a 0.05 result. The 2010 net profit margin computation shows the company generated a decrease in the net profit margin result. The 2010 net profit margin is .04. The 2011 net profit margin computation shows the company generated an increase in the net profit margin results. The 2011 Dupont financial statement calculation is .04 The Net profit margin results strong state that the company the companies’ discrete operational

Lucid Dreams. What are the possible benefits of lucid dreaming? Essays

Introduction Starting from the ancient times human was always interested in strange phenomenon of sleeping and especially in dreams. Dreams were described in different ways. For instance, dreams were explained psychologically like images of sub consciousness and feedback of neural processes in human’s brain. Spiritually, it was described like messages of god (C.S. Lewis, nd). Remarkable that not only human have ability to see dreams but several species of animals (Wilkerson R. 2003). For example, rat’s sleep is almost same as the human’s they have multiple stages of sleep starting from slow wave sleep to REM stage of sleep (Animals have complex dreams, 2001). Another fact is that living beings, including humans, have more REM sleep in younger age (Siegel, 2005). In summary, dreams are well known for strange, amazing and impossible thing to happen in them, but almost all people don’t actually realize that they are sleeping during the dream. To conclude, dream itself co uld be defined as the complexity of images and emotions that occur during certain stages of sleep ("Dream". The American Heritage Dictionary of the English Language, Fourth Edition. 2000). It is proved that dreams are linked with rapid-eye movement (REM) stage of sleep which occur every 1.5-2 hours of sleeping and with time progress they become longer. The REM stage usually includes rapid eye movement, heavier breath, increased pulse rate and temporary weakening of muscles (Dream Basics: Understanding Sleep, 2007). It seems that dream can happen not only in REM stages of sleep, but it’s easier to remember a dream by awaking during the REM stage (Dement 1957; Kleitman 1957; Hobson 2009). It is noticed that if the person lives with emotionally rich life and his hormon... .... In addition, every person could use such dreams in practical life not only to gain motivation or overcome social frights by themselves, but also to expand artistic side, and even to develop physically. But, lucid dreams are not so popular, despite the fact that there is plenty of information about what is needed to be done to get ability of viewing lucid dreams, it means that advertisement is needed, so almost everyone will know about that in order to not miss a chance to touch with something that sounds such fantastic. Nevertheless, certain precautionary measures to prevent lucid dream addiction. Moreover, more reliable and affordable devices should be invented, because not everyone has needed amount of time to develop skill of lucid dream. Thus, based on the conclusion, lucid dreams have a great potential, and could give humanity plenty of positive benefits.

An Educational Article for the 21st century Essay

Australian Ambassador to the Philippines Bill Tweddell and Philippine education officials opened recently the Assessment, Curriculum and Technology Research Centre (ACTRC). Located at the University of the Philippines (UP) College of Education building in Diliman, Quezon City, the facility will focus on research in support of the Philippines’ implementation of the K to 12 program, which is covered by a law recently signed by President Aquino. Tweddell, Education Secretary Armin Luistro, Commission on Higher Education Commissioner Cynthia Bautista, UP president Alfredo Pascual, other education officials and members of the academe attended ACTRC’s opening. The Australian government gave the P150-million grant for the establishment of the center in support of the country’s basic education reform program. ACTRC will focus on curriculum development, school assessment and the application of technology in upgrading the education system. â€Å"Australia strongly supports the Philippine government’s efforts in implementing the K to 12 program. Investing in a quality education system will provide better opportunities for all and a pathway out of poverty for the most disadvantaged,† Tweddell said in a statement. ACTRC will bring together the Philippines’ and Australia’s top research institutions—the UP College of Education and the University of Melbourne’s Assessment Research Centre— in â€Å"grounded research and evaluation activities in the areas of assessment, curriculum and technology as they relate to the implementation of the Philippine government’s K to 12 program.† Through grant-funding, the Australian Agency for International Development would support the center’s first three years of operation, the Australian embassy said. â€Å"Australia shares the Philippine government’s vision that K to 12, if implemented well, will bring the Philippines’ school system closer to international standards. The interaction of curriculum, assessment and the use of technology are important facets of a successful education program,† Tweddell said. â€Å"The curriculum is the blueprint of an education system. Assessment provides a picture of where we are in that blueprint today. Technology enables the curriculum to respond to the needs of the 21st century,† he added. K to 12 is the Aquino administration’s flagship education reform program that aims to improve the quality of Philippine high school graduates by spreading the clogged 10-year curriculum over 12 years. In essence, the program hopes to give Filipino youth longer time to learn and prepare for life after basic education, whether they hope to go on to college or find employment after graduating from high school. â€Å"The University of Melbourne and its Graduate School of Education is proud to be associated with this major initiative to inform the Philippines’ education and research communities. The center will provide an opportunity to put into practice evidence-based research outcomes through its collaborative activities with the Philippines’ Department of Education,† said Professor Field Rickards, dean of the Graduate School of Education of the University of Melbourne. UP College of Education dean Rosario Alonzo said the facility and the collaboration it allowed would help promote the professional development of the UP faculty. â€Å"This is crucial to the university’s (UP) fulfillment of its mandate as a research university,† she said. A. Summary of the Article The article discussed how the Australian Government supports the implementation of the K to 12 Program here in the Philippines. It is also written how they believe that the new curriculon that was founded by the current administration will make the Philippines educational system closer to the international standards. B. Words that I have learned from the article Academe – The academic environment or community; academia. Assessment – The evaluation or estimation of the nature, quality, or ability of someone or something: â€Å"the assessment of educational needs†. Collaboration – The action of working with someone to produce or create something. Crucial – Decisive or critical, esp. in the success or failure of something. Curriculum – The subjects comprising a course of study in a school or college. Facets – A particular aspect or feature of something. Implementation – the act of accomplishing some aim or executing some order C. Ideas I have learned about the article At first i thought that K to 12 program was a bad idea, because it prolongs the years of study of students like me and making it a little much of a burden to my parents because of the added budget for the tuition but when i read articles pertaining to K to 12 implementation such as the likes of this one I simply realize that it isnt such a bad thing after all. I mean 2 years of added time is just a little sacrifice of what can be a result of a better future plus when you know that there are countries, like Australia, that are willing to support us on this kinds of program makes us a little more confident with ourselves that we can be more of a competative player in the international playfield when it comes to education. D. Comments about the article The article was really informative. For me, reading this article changed my point of view on K to 12 program and it also boosted my morale when i read the line â€Å"Australia shares the Philippine government’s vision that K to 12, if implemented well, will bring the Philippines’ school system closer to international standards.† because it gave me a heads up of what can be my potential in the future. E. Resources Site link: http://newsinfo.inquirer.net/412557/center-to-give-research-support-for-k-to-12#ixzz2blPK2DsX