Wednesday, May 6, 2020

In A Small Place, Knowledge and Power are Codependent Essay

Knowledge and power are considered two of the most important assets of a society. In the context of Jamaica Kincaid’s A Small Place knowledge could be defined as a set of proficiencies or expertise attained through experience and education and power as a control of one’s own circumstances. While knowledge and power are individually definable, they do not exist in isolation. Knowledge and power are mutually constitutive to one another. In her aggressive and expository essay, Kincaid successfully demonstrates through the use of several examples, that knowledge, which is a necessary precursor to power, is severely lacking in Antigua, which in turn limits the power Antiguans hold over their own society. Kincaid begins by pointing out to†¦show more content†¦And it must not be forgotten, that knowledge also includes an understanding of one’s own culture, nation, and personal history which might be represented by a public monument. Yet Antigua lacks all of these marks that may indicate to a vacationer, that there, knowledge dwells. Then Kincaid abruptly and sarcastically shifts the subject to the beauty of an island. What does a lack of education, medical and technological advance, and culture matter in an island so beautiful? Why would â€Å"you,† a tourist, care about the absence of knowledge in â€Å"your† vacation destination? Kincaid successfully points out in a mordant tone that, absurdly, a lack of knowledge in Antigua is considered unimportant in wake of the tourist-attracting splendor of the island. Kincaid continues using the perspective of the tourist to mark the absence of knowledge by discussing the cars driven by Antiguans. She writes that â€Å"you,† the tourist, â€Å"notice that all the cars you see are brand-new†¦but they have an awful sound.† (6) She continues to explain this predicament when Kincaid’s tourist thinks, â€Å"It’s because they use leaded gasoline in these brand-new cars whose engines were built to use non-leaded gasoline, but you musn’t ask the person driving the car if this is so, because he or she has never heard of unleaded gasoline.† (6) Kincaid directly points out that Antiguans are unfamiliar with the concept of non-leaded gasoline—something that is common knowledge to theShow MoreRelatedChild Poverty : An Advancing Social Issue Essay1568 Words   |  7 PagesThroughout this paper, discussions will take place on, child poverty, an advancing social issue in New Zealand. Also, reasons why child poverty is a social issue in New Zealand will be debated. 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Tuesday, May 5, 2020

Study of Accounting Theories for Legitimacy- myassignmenthelp

Question: Discuss about theStudy of Accounting Theories for Legitimacy. Answer: Accounting theories lead to a clear conceptual idea as to how an accounting thought is developed into an accounting practice and then it is in turn further developed into an accounting principle. Accounting theories assess the global and ethical standards of accounting, their relevance linked to the political conditions of the location and the current government policies. The two of the more prevalent theories used for evaluating social and environmental accounting are legitimacy and stakeholder theory (as mentioned in the question). The word Legitimacy generally in accounting sense means a common or general perspective concerned with the work done by a particular entity as to whether the work done is according to the laid down norms and definitions and is done with proper tools of accounting (Lanis and Richardson 2012). Legitimacy theory essentially refers to the mechanism that helps organizations in establishing and developing environmental and social initiatives on the part of the firm so that their social contract is fulfilled and in turn the goals and objectives of the organization are ultimately met. The organization in order to support its existence needs legitimacy accounting so that the social and environmental actions done by the entity do not hamper the environment or society. In legitimacy theory the idea of social contract is treated with utmost importance. Here in this theory society is treated as a real entity having real force and real desires or interests commonly termed as the public interest. L egitimacy theory is that accounting theory which inspires corporations to be socially and environmentally responsible (Fernando and Lawrence 2014). Its basic idea is that each and every organization has some duty towards the environment and the society in which it operates and draws its revenue from. Thus it gives stress on corporate social responsibility. The problem or one of the drawbacks for legitimacy theory in contributing to the general understanding of legitimacy accounting disclosure is that with time corporations have used this concept more often without understanding its purpose, therefore loosening the grip of the process (Rogowski 2015). Now to discuss the stakeholder theory, a stakeholder could be any person who is involved in the business that is he or she is a component of the process or flow of business. A stakeholder is a person by whom business is affected and in turn who affects business. The ethical of the stakeholder theory presents the perspective that organizations or firms should take into account the interest of all the stakeholders involved in business when deciding about important factors. One of the advantages of the stakeholder theory is that organizations are only able to maximize the wellbeing of the stakeholders. Stakeholders or shareholders with less power or no power do not get any kind of claims on the firm and the stakeholders who operate from a distance have no power to have any effect on the sales or supplies of the firm (Bitektine and Haack 2015). They are not able to affect any decision making process of the firm. Stakeholder theory is one of the very few theories in which the claims are b oth ethical and positive together. This accounting theory actually needs a leap of faith rather than a well thought analysis or a rational analysis. The stakeholders strategic view mixes both a resource-oriented view along with a market-oriented view. A general version of the stakeholder accounting theory intends to define the particular group of stakeholders of a company and after that take exact measures to assess and check the situation as to how the stakeholders especially the small scale stakeholders are treated in the firm. Legitimacy theory is based on the notion that each and every corporation or firm has a sincere responsibility towards the society or environment where it thrives and prospers. It does not involve any legal claim on the organization but justifies the existence of the firm by maintaining its public image. Stakeholder theory on the other hand is completely an accounting theory that is depends upon the stakeholders or shareholders to be particular. It is mainly concerned with the treatment of the small scale stakeholders who do not have a say in the decision making area of the firm. It essentially safeguards the interests of the stakeholders. Under this accounting theory stakeholders do have a legal claim on the firm (Bebbington, Unerman and O'Dwyer 2014). There are in total two methods of accounting for leases. In case of an operating lease, the owner of the property only transfers the right of the property to the person acquiring the property. When the time period for leasing the property is over, the person who had taken the property on lease gives back the property to the owner. As the lessee do not have to accept the ownership risk, the expense related to lease property is shown as operating expense in the income statement and will have no effect on the balance sheet. In a financial lease, the lessee takes on a part of the ownership risks and receives certain perks and is also shown in the balance sheet of the firm as the property is recognizable as an asset or liability. Therefore companies prefer operating lease more than finance lease ( Altamuro et al. 2014). The change in the accounting standard for leasing might cause organizations to breach covenants included within debt contracts because after the change the firms will compulsorily have to show the expenses as their liability that is the total net profit of the firm as such will decrease by a wholesome amount. This will be the primary effect of the change in accounting standards (Barone, Birt and Moya 2014). The organizations more likely to lobby against the accounting standard would be financial institutions as these institutions are involved in leasing out properties and would be affected the most due to the changed accounting standards (Graham and King 2013). References Altamuro, J., Johnston, R., Pandit, S.S. and Zhang, H.H., 2014. Operating leases and credit assessments. Contemporary Accounting Research, 31(2), pp.551-580. Barone, E., Birt, J. and Moya, S., 2014. Lease accounting: a review of recent literature. Accounting in Europe, 11(1), pp.35-54. Bebbington, J., Unerman, J. and O'Dwyer, B. eds., 2014. Sustainability accounting and accountability. Routledge. Bitektine, A. and Haack, P., 2015. The macro and the micro of legitimacy: Toward a multilevel theory of the legitimacy process. Academy of Management Review, 40(1), pp.49-75. Fernando, S. and Lawrence, S., 2014. A THEORETICAL FRAMEWORK FOR CSR PRACTICES: INTEGRATING LEGITIMACY THEORY, STAKEHOLDER THEORY AND INSTITUTIONAL THEORY. Journal of Theoretical Accounting Research, 10(1). Graham, R.C. and King, R.D., 2013. Decision usefulness of whole-asset operating lease capitalizations. Advances in Accounting, 29(1), pp.60-73. Lanis, R. and Richardson, G., 2012. Corporate social responsibility and tax aggressiveness: a test of legitimacy theory. Accounting, Auditing Accountability Journal, 26(1), pp.75-100. Rogowski, R., 2015. Rational legitimacy: A theory of political support. Princeton University Press.

Sunday, April 19, 2020

Is Sula A Tragic Novel I Think It Is. Because Sula Grows Up In An Unu

Is "Sula" a tragic novel? I think it is. Because Sula grows up in an unusual family and many tragedies happen during her growth. Those kinds of tragedies we can even see it at the very beginning of the story. "Eva had married a man named BoyBoy and had three children: Hannah, the eldest, and Eva, whom she named after herself but called Pearl, and a son named Ralph whom she called Plum." (32) After five years of their marriage, BoyBoy left Eva without leaving anything except $1.65, five eggs, three beets, and three children. "She was confused and desperately hungry." (32) Sometimes, she will get help from her neighbors in the Medallion town. In one middle of December, Plum stopped having bowel movements. Eva tried her best to save his life. Two days later, she left all her children with her neighbor and left the town. Eighteen months later, Eva returned with one leg. "First she reclaimed her children, next she gave the surprised Mrs. Suggs a ten-dollar bill, later she started buildin g a house on Carpenter's Road, sixty feet from BoyBoy's one-room cabin, which she rented out." (35) From here, we can see that there is a tragedy after the leaving of BoyBoy, Eva has no choice and becomes desperate. She leaves the town and sells her leg to support the family. We also see that Eva loves Plum. Hannah is the mother of Sula. She married to a man called Rekus who died when Sula was about three years old. Sula was staying in the big old house with Eva until she left the town after her best friend, Nel's marriage. It is rather peculiar because in the big old house, there are different kinds of tenants and there are many male guests playing around in that house. There are Dewey boys and Tar baby. All of them are staying in the house because Eva takes them in. From that, Eva earns respect from the community because she benefits the homeless. It is also very strange that he Dewey boys originally are different young boys. But they always mix up themselves in front of people. Therefore, they always mess people up. There is a lot of male guests in the house because "'With the exception of BoyBoy, those Peace women loved all men.' 'Hannah simply refused to live without the attentions of a man, and after Rekus' death had a steady sequence of lovers, mostly the husbands of her friends and neighbors.' '? Sula came home from school and found her mother in the bed, curled spoon in the arms of man' '? taught Sula that sex was pleasant and frequent , ...'" (41, 42, We can see that from here Sula is growin g up in a disorder and chaos family. In 1920, another tragedy happened. Plum returned from the war and became drug addicted. At one night, Eva went to his room and burned him up. She burns him up because she has to kill him before the drug totally destroys her son. "She demonstrates a deep and abiding love for Plum that when she saturates him in kerosene and strikes a match, we accept her heinous crime as an act of desperation born out of love." (Melby 76) From this point, we can also see that Eva is controlling everything on her own hand. As she feels that she has sacrificed herself to save the family. Her children have to do everything that she wants them to do. Sula is growing up in this family with disorder and chaos. However, her best friend, Nel, is totally different from her. Nel's mother, Helene Sabat is the daughter of Creole whore. In Helene's early childhood, she stayed with her grandmother for sixteen years. Then, she married to Wiley Wright who was a seaman. He will only be at home three days out of every sixteen. Therefore, Nel stays with her mother most of the time. "'Helen's hand the girl became obedient and polite. Any enthusiasms that little Nel showed were calmed by the mother until she drove her daughter's imagination underground.' 'Helene Wright was an impressive woman, at least in Medallion she was.'" (18) Although these two

Sunday, March 15, 2020

Women versus mens difference.

Women versus mens difference. Women versus men's differenceIn life, in general we unconsciously play the roles we view ourselves as male or female and we tend to play the role that others expect us from the time that we were children. I remember my parents were expecting me as a boy, because they had two daughters already and they really wanted a boy. So I acted less girlish. Then as I grew up, I realized my role as a lady, I should act more feminine. Then I was unaware of how I changed my behavior. In class, we explored the issue of men and women through reading Wollstonecraft, Ehrlich, Teen's essays. What make women distinguished from men can be explained by the causes in society, media, power structures and that women and men play specific roles in societyWollstonecraft says with men in a position of power, the men create weak women.English: A Vindication of the Rights of Woman titl...Women are required to be sensitive, to use soft tones, to be delicate by men. All of these are almost "synonymous" with weaknes s. But sensibility, softness, delicacy are not bad things. They are some of the features that make women distinguishable from men. And these make the world richer and more interesting. The bad things are women give up their strength of mind and body for them. For example, in order to look pretty, some women eat too little to keep slim, some women spend too much money on make up and too much time to remove their unwanted hair. To sum up, they sacrifice their strength for beauty. These phenomenon are also the result of the commercials on TV and ads in magazines and the concepts society imposing on women. Women's beauty is essential. In contrast, Men's essential quality is ability.Goodman tells the story about "The Company Man"...

Thursday, February 27, 2020

The Capital Asset Pricing Model (CAPM) Essay Example | Topics and Well Written Essays - 1250 words

The Capital Asset Pricing Model (CAPM) - Essay Example However lending has an interest rate attached to it. In the open market, it is also assumed that traders have all relevant information rates of stocks and other co-variances. Traders in an open market are also assumed to be rationale about being risk averse and all investors have same assets to choose from given all information concerning the assets and same decision methods are applied (Burton, 1998). This brings us to the concept of the capital asset pricing model (CAPM). The model is very useful and is widely used in the industry, although it is based on very strong assumptions. This paper will focus on brief theory of arbitrage theory of the CAPM model, main theories behind this model and their critique. First, the model is quite useful as it focuses on determining the required rate of return appropriate for a company’s assets. The model requires various firms to have a portfolio that is well diversified, as long as the risks prone to the assets cannot be diversified (Brealey, et al 2009). Practically, most companies utilize CAPM model to determine the price of a security or a portfolio. In this case, a security market line that defines the relationship existing between the beta and expected rate of return of an asset is utilized. The line also enables firms to calculate a ratio that equates an asset’s rewards to its risks. It is also through the model that firms are able to determine the rate at which an asset’s cash inflows expected to be generated in future should be discounted. This takes into account the cash inflows in relation to the risks existing in the market. The arbitrage model was an alternative to the means variance capital asset pricing. Currently, the model has become a crucial tool in explaining the phenomenon mostly observed in the capital markets that deal with risky assets. One assumption of the capital asset pricing model is the assumption of normality in returns. It is from this assumption that the linear elation stipulated above originates. The assumption has had critique since theoretically, there does not exist guarantee to such efficiency. However, there is restrictiveness that underlie the mean variance model; therefore being the evidence of the existence of the linear relationship between risks and returns. This led to the popularity of the model. It was until later that Ross introduced a new model that would yield better results when pricing risky assets. The arbitrage model would hold both in equilibrium and all sorts of disequilibria unlike the mean variance analysis. However, there are some weaknesses in relation to this theory. For instance, when dealing with the number of assets, as assets increase, their r eturns are also expected to increase. This will result to an increase in risk aversion to investors. The arbitrage model has the law of large numbers where the noise term becomes negligible as the number of assets expands. Where the degree of risk aversion increases with the increase in the number of assets, the two effects cancels out, leaving the noise term to have a persistent effect on the pricing decision. In developing the arbitrage theory, several assumptions were put into consideration. First is the assumption of limitations on liability. It is assumed that there exists at least one asset which has a limited liability. This means that there are some bound per unit to the losses for which an investor is liable. The second assumption was based on the homogeneity of expectations. All the investors hold the same expectations, since all have the same assets, information and are risk averse. There also exists at least o

Tuesday, February 11, 2020

The Mystery of Pain Essay Example | Topics and Well Written Essays - 500 words

The Mystery of Pain - Essay Example Rehabilitation trouble could be reduced if methods like virtual reality are adapted as in the case of "virtual reality for soldier's burn pain" where the patient's brain is diverted by means of cool virtual reality game, providing a sense of chill rather than heat of the pain. This alters the perception of sensory stimulation. In future the technique could gain advantage as it has potentials to calibrate neurons not to have sensation of pain. When human mind perceives the thought of suffering, pain is felt, eventually this very thought leads to enhanced discomfort and the individual recedes from cure because of distress. On the other hand animals do the reverse, they heal their injuries in a natural way. Thus, psychological focus plays an imperative role in sensing pain. It is established fact "little knowledge is dangerous". A person who himself is a physician knows the intensity of injury and is bound to feel more pain as compared to the individual who does not possess sound medica l knowledge, if both encounters the same degree of injury. Here again psychology plays the key role.