Tuesday, April 28, 2020
The Ramification of Child Abuse free essay sample
Parents today donââ¬â¢t realize that the harm that they are doing to their children will eventually be passed day from generation to generation, their children are todayââ¬â¢s abused tomorrowââ¬â¢s abusers. B. Child abuse is mistreatment of a child by a parent or guardian, including neglect, beating, and sexual molestation (Salus). C. Child abuse has an enormous impact in our society; child abuse maltreatment and neglect is a causative factor in youth suicide, crime, homelessness, mental illness, drug and alcohol abuse and unemployment in young people and adults (Information, national clearinghouse on child abuse and neglect). II. Counterargument Child Abuse basic view point of the opposition 1. In particular, there are parents and caregivers that say an injury resulting from abuse is accidental because they didnââ¬â¢t intended to hurt the child. B. Parents or caregiver can have the tendency to abuse children not knowing that they are abusing the child in any sort of way. We will write a custom essay sample on The Ramification of Child Abuse or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 1. For example, some guardians would discipline there child and by doing so they could be abusing them psychologically or even physically (Asseal). 2. Additionally, people would think that the way they discipline a child is perfectly fine because they want them to learn how to do it the proper way (Bissell). The parental and caregiver will always try to make the right choice, which would be either to let it go or punish them. 1. To summarize, people will never know had much the discipline or punishment can lead to in the long run. D. My expository thesis statement is: child abuse is an enormous problem among many families globally because child abuse is a detrimental aspect of a childs life as well as the developmental stages in a childs life, which would cause them to have physical, psychological, or behavioral consequences as they grow. 1. Indeed, many people say that child abuse should be legal because an injury resulting from physical abuse is not accidental the parent or caregiver may not have intended to hurt the child. However, child abuse shouldnââ¬â¢t be legalize under any certain circumstance because children can end up with physical, psychological or even behavioral consequences. III. Main point #1 A. Initially and first is physical consequences in child abuse 1. Initially, child abuse should not be legalized under any circumstance because as children get older they can generate a physical consequence. Physical Consequences is an immediate physical effect which can lead to physical health problem. 1. For instance, several studies have shown that a relationship between various forms of household dysfunctions and poor health will suffer from bronchitis, high blood pressure and ulcers (Springer and Sheridan) 2. Likewise, more than one-quarter of children who had been in foster care for longer than 12 months had some lasting or recurring health problem (Administration for child and families). Child abuse have been shown, in some cases, to cause important regions of the brain to fail to form or grow properly, resulting in impaired development ((De Bellis Thomas). 4. In some cases the physical effects are temporary; however, the pain and suffering they cause a child should not be discounted (NSCAW). 5. The immediate physical effects of abuse can be relatively minor like bruises or cuts or severe where there are broken bones, hemorrhage, or even death (NSCAW). C. If this type of abuse can be prevented it should be prevented because every day three out of ten children die. 1. Child abuse would affect a childââ¬â¢s young development and are prone to physical consequences. D. Child abuse usually tends to end up with physical consequences. 1. In summation, if children have physical consequence due the child abuse, we donââ¬â¢t we do more to prevent it? IV. Main point #2 A. Child abuse has different consequences such as psychological which affect a childââ¬â¢s development. 1. Furthermore, research shows that children that are abuse will have one of the psychological consequences. B. A psychological consequence can be a lifetime affect that will obviously never go away (Asseal, Shaun). 1. To illustrate, as many as 80 percent of young adults who had been abused met the diagnostic criteria for at least one psychiatric disorder at age 21 (Silverman and Reinherz). 2. In addition, these young adults exhibited many problems, including anxiety, eating disorders, suicide attempts, and posttraumatic stress disorder (Silverman and Reinherz). The immediate emotional effects of abuse and neglect isolation, fear, and an inability to trust can translate into lifelong consequences, including low self-esteem, depression, and relationship difficulties (Dubowitz). ). 4. Depression and withdrawal symptoms were common among children as young as three who experienced emotional, physical, or environmental neglect (Dubowitz). ). C. Child abuse can also have a dramatic impact on a child when they are young which means as they get older they can develop a psychological consequence. 1. Obviously, children who experience rejection or neglect are more likely to develop antisocial traits as they grow up (Schore). D. Children that have a psychological consequence due to child abuse have problems opening up to people. 1. As a result, of child abuse that leads to psychological consequences is this research worth the cost? V. Main point #3 A. For many children globally that have been abused, will have behavioral consequences as they grow older. 1. Ultimately, in the long run children that have been abused will more likely appear to have behavioral consequences at a young age and as they get older. à Children who experience child abuse neglect are 59% more likely to be arrested as a juvenile, 28% more likely to be arrested as an adult, and 30% more likely to commit violent crime (Bissell). 1. In particular, studies have found abused and neglected children to be at least 25 percent more likely to experience problems such as delinquency, teen pregnancy, low academic achievement, drug use, and mental health problems (Kelley and Thornberry). 2. Similarly, the possible consequence of child abuse can vary on the circumstance of the childââ¬â¢s form of abuse. 3. According to a National Institute of Justice study, abused and neglected children were 11 times more likely to be arrested for criminal behavior as a juvenile and 3. 1 times more likely to be arrested for one of many forms of violent crime (English, Widom). 4. Research consistently reflects an increased likelihood that abused and neglected children will smoke cigarettes, abuse alcohol, or take illicit drugs during their lifetime (Dube). C. The children that have been abused might have behavioral consequences that would more than likely be arrested as a juvenile or as an adult at one point in their life. Even though people donââ¬â¢t think that a behavioral consequence is possible due to child abuse it is and it will affect the child. 1. Therefore, child abuse should be controlled so children wonââ¬â¢t have to go through making wrong decisions. VI. Conclusion A. My expository thesis statement is: child abuse has a great contribution in many families globally because child abuse can be a detrimental aspect in a childs life as well as in their developmental stages in the childs life. 1. In conclusion, child abuse shouldnââ¬â¢t be legalized under any certain circumstance because children can end up with physical, psychological or even behavioral consequences. B. Child abuse occurs at every socioeconomic level, across ethnic and cultural lines, within all religions and at all levels of education. 1 Taking one simple action and reporting child abuse will help prevent child abuse and give abused children hope for a brighter future. 2 Child abuse does not go away, but 90 percent of child abuse is preventable.
Thursday, March 19, 2020
Economic affects of BSE and Hoof and Mouth Disease essays
Economic affects of BSE and Hoof and Mouth Disease essays The United Kingdom and much of Europe have been suffering from the crisis of first Mad Cow Disease and then at beginning of this year, from Foot and Mouth Disease. These calamities have affected their economies and trade with other countries, not to mention the financial burden afflicting farmers. Bovine Spongiform Encephalopathy (BSE), more commonly known as Mad Cow Disease, is a degenerative brain disease that affects cattle. The symptoms of BSE include loss of coordination, a staggering gait, difficulty in rising, a decrease in milk production, weight loss and eventually death. Animals that have BSE also present a change in behavior such as nervousness, aggression, and a diminished interest in surroundings. The incubation period is approximately from two to eight years. In November 1986, Mad Cow Disease was first identified and by early 2001 there were more than 180,000 cases in the United Kingdom. Studies suggest that more animals had been infected but most were slaughtered before being diagnosed or symptoms developed. Cases have been confirmed in other countries within Europe, including Denmark, France, Spain, Germany, Italy, Ireland, Belgium, The Netherlands, Portugal, and Switzerland. There have also been reports of BSE in Oman, Canada, and the Falkland Islands, however, these cases have been confined to cows imported from Britain. The disease has not been officially established in the United States, yet in March 2001 the American government apprehended around 300 sheep from farms located in Vermont that had been imported from Belgium and The Netherlands. BSE has been linked to a form of Creutzfeldt-Jakob Disease (CJD) which is a fatal brain disease in humans. Those infected present similar symptoms as the cattle infected. There have been numerous studies since 1996 that have recognized that BSE can be transmitted to humans and cause vCJD. These studies have linked the times and locations of the epidemic i...
Tuesday, March 3, 2020
Woody Guthrie, Influential Songwriter and Folk Singer
Woody Guthrie, Influential Songwriter and Folk Singer Woody Guthrie was an American songwriter and folk singer whose songs about troubles and triumphs of American life, coupled with his raw performing style, had enormous influence on popular music and culture. An eccentric character often viewed as something of a hobo poet, Guthrie created a template for songwriters which, carried along by admirers including Bob Dylan, helped infuse popular songs with poetic and often political messages. His most famous song, This Land Is Your Land has become an official national anthem, sung at countless school assemblies and public gatherings. Though his career was cut short by an incapacitating illness, Guthries songs have continued to inspire successive generations of musicians and listeners. Fast Facts: Woody Guthrie Full Name: Woodrow Wilson GuthrieKnown For: Songwriter and folk singer who portrayed the troubles and triumphs of Depression era Americans and had enormous influence on popular music.Born: July 14, 1912 in Okemah, OklahomaDied: October 3, 1967 in New York, New YorkParents: Charles Edward Guthrie and Nora Belle ShermanSpouses: Mary Jennings (m. 1933-1940), Marjorie Mazia (m. 1945-1953 ), and Anneke Van Kirk (m. 1953-1956)Children: Gwen, Sue, and Bill Guthrie (with Jennings); Cathy, Arlo, Joady, and Nora Guthrie (with Mazia); and Lorina (with Van Kirk) Early Life Woodrow Wilson Guthrie was born July 14, 1912, in Okemah, Oklahoma. He was the third of five children, and both his parents were interested in music. The town of Okemah was only about ten years old, recently settled by transplants who brought musical traditions and instruments with them. As a child Guthrie heard church music, songs from the Appalachian mountain tradition, and fiddle music. It seems music was a bright spot in his life, which was marked by tragic incidents. When Guthrie was 7 years old his motherââ¬â¢s mental condition began to deteriorate. She was suffering from undiagnosed Huntingtonââ¬â¢s chorea, the same disease that would, decades later, afflict Woody. His sister perished in a kitchen fire, and following that tragedy, his mother was committed to an asylum. When Guthrie was 15 the family moved to Pampa, Texas, to stay near relatives. Guthrie began to play the guitar. With his natural musical aptitude he soon mastered it and began performing with an aunt and uncle in a small band. He also learned to play mandolin, fiddle, and harmonica, and was known to perform in talent shows and plays at his high school. Woody Guthrie portrait. Bettmannà /à Getty Images After finishing high school, Guthrie took off to travel about the South, essentially choosing to live as a hobo. He kept singing and playing guitar wherever he went, picking up various songs and beginning to write some of his own. He eventually returned to Pampa, and at the age of 21 he married a friendââ¬â¢s 16-year-old sister, Mary Jennings. The couple would have three children. Pampa is located in the Texas panhandle, and when the Dust Bowl conditions struck, Guthrie was an eyewitness. He felt great empathy for the farmers whose lives were upended by the severe weather conditions, and began to write the songs that would comprise a body of work about those affected by the Dust Bowl. In 1937 Guthrie was restless to get out of Texas, and managed to hitch rides to California. In Los Angeles he performed, got noticed, and landed a job singing on a local radio station. He was able to send for his wife and children and the family settled in Los Angeles for a time. Guthrie became friends with the actor Will Geer, who was very active in radical political circles. He enlisted Guthrie to sing some of his songs at rallies, and Guthrie became associated with communist sympathizers. In 1940 Geer, who was staying in New York City, convinced Guthrie to cross the country and join him. Guthrie and his family headed to New York. Burst of Creativity His arrival in the big city in February 1940 sparked a burst of creativity. Staying at the Hanover House, a small hotel near Times Square, he wrote down, on February 23, 1940, the lyrics for what would become his most famous song, This Land Is Your Land. The song had been in his head as hed traveled across the country. The song God Bless America by Irving Berlin had become a huge hit in the late 1930s, and Guthrie was irritated that Kate Smiths rendition of it was endlessly played on the radio. In response to it, he wrote a song which declared, in simple yet poetic terms, that America belonged to its people. c. 1940, New York, New York City, Almanac Singers, L-R: Woody Gurthrie, Millard Lampell, Bess Lomax Hawes, Pete Seeger, Arthur Stern, Sis Cunningham. Michael Ochs Archives / Getty Images In a span of a few months in New York, Guthrie met new friends including Pete Seeger, Leadbelly, and Cisco Houston. The folk song scholar Alan Lomax recorded Guthrie and also arranged for him to appear on a CBS radio network program. Dust Bowl Ballads In the spring of 1940, while based in New York, Guthrie traveled to the Victor Records studio in Camden, New Jersey. He recorded a collection of songs he had written about the Dust Bowl and the Okies of the Great Depression who had left the devastated farmlands of the Midwest for a grueling trip to California. The resulting album (folios of 78-rpm discs) titled Dust Bowl Ballads was released in the summer of 1940 and was notable enough to receive a very positive review in the New York Times on August 4, 1940. The newspaper praised Guthries writing and said of his songs: They make you think; they may even make you uncomfortable, though not as uncomfortable as the Okie on his miserable journey. But they are an excellent thing to have on record. Dust Bowl Ballads, which is now in print in a compact disc version, contains some of Guthries best-known songs, including Talkin Dust Bowl Blues, I Aint Got No Home In This World Anymore, and Do Re Mi, a mordantly funny song about the troubles of migrants arriving penniless in California. The song collection also contained Tom Joad, Guthries rewrite of the story of John Steinbecks classic Dust Bowl novel, The Grapes of Wrath. Steinbeck did not mind. American folk singer Woody Guthrie performs on a stoop for an audience of predominantly children, New York, New York, 1943. Eric Schaal / Getty Images Back West Despite his success, Guthrie was restless in New York City. In a new car hed been able to purchase, he drove his family back to Los Angeles, where he discovered work was scarce. He took a job for the federal government, for a New Deal agency in the Pacific Northwest, the Bonneville Power Administration. Guthrie was paid $266 to interview workers on a dam project and write a series of songs promoting the benefits of hydroelectric power. Guthrie took to the project enthusiastically, writing 26 songs in a month (often borrowing tunes, as was common in the folk tradition). Some have endured, including Grand Coulee Dam, Pastures of Plenty, and Roll On, Columbia, his ode to the mighty Columbia River. The odd assignment prompted him to write songs packed with his trademark wordplay, humor, and empathy for working people. Following his time in the Pacific Northwest he returned to New York City. His wife and children didnt come along to New York but moved to Texas, intent on finding a permanent home where the children could attend school. That separation would mark the end of Guthries first marriage. New York and War Based in New York as the city began to mobilize for war following the Pearl Harbor attack, Guthrie began writing songs supporting the American war effort and denouncing fascism. Photographs of him taken during this period often show him playing a guitar with the sign on it: This Machine Kills Fascists. American folk singer Woody Guthrie (1912 - 1967) plays his guitar, which has a handwritten sticker that says, This Machine Kills Fascists, New York, New York, 1943. Eric Schaal / Getty Images During the war years he wrote a memoir, Bound For Glory, an account of his travels around the country. Guthrie joined the U.S. Merchant Marine and made several sea voyages, delivering supplies as part of the war effort. Near the end of the war he was drafted and spent a year in the U.S. Army. When the war ended he was discharged and after some traveling about the country he settled in the Coney Island neighborhood of Brooklyn, New York. In the late 1940s, Guthrie recorded more songs and continued writing. Many lyrics he never got around to setting to music, including Deportees, a song about migrant workers killed in a plane crash in California while being deported to Mexico. He had been inspired by a newspaper article that didnt provide the names of the victims. As Guthrie put it in his lyrics, The newspaper said they were just deportees. Guthries words were later put to music by others, and the song has been performed by Joan Baez, Bob Dylan, and many others. Illness and Legacy Guthrie remarried and had more children. But his life took a dark turn when he began to be afflicted with the onset of Huntingtons chorea, the hereditary disease which had killed his mother. As the disease attacks brain cells, the effects are profound. Guthrie slowly lost his ability to control his muscles, and had to be hospitalized. As a new generation of folk song enthusiasts discovered his work in the late 1950s his reputation grew. Robert Zimmerman, a student at the University of Minnesota who had recently started calling himself Bob Dylan, became fascinated with Guthrie to the extent of hitching a ride to the East Coast so he could visit him at a state hospital in New Jersey. Inspired by Guthrie, Dylan began writing his own songs. Guthries own son, Arlo, eventually began performing in public, becoming a successful singer and songwriter. And countless other young people, hearing Guthries old records, were energized and inspired. After more than a decade of hospitalization, Woody Guthrie died on October 3, 1967, at the age of 55. His obituary in the New York Times noted that he had written as many as 1,000 songs. Many recordings of Woody Guthrie are still available (today on the popular streaming services) and his archives are housed at the Woody Guthrie Center in Tulsa, Oklahoma. Sources: Guthrie, Woody. UXL Encyclopedia of World Biography, edited by Laura B. Tyle, vol. 5, UXL, 2003, pp. 838-841. Gale Virtual Reference Library.Guthrie, Woody. Great Depression and the New Deal Reference Library, edited by Allison McNeill, et al., vol. 2: Biographies, UXL, 2003, pp. 88-94. Gale Virtual Reference Library.Guthrie, Woody 1912ââ¬â1967. Contemporary Authors, New Revision Series, edited by Mary Ruby, vol. 256, Gale, 2014, pp. 170-174. Gale Virtual Reference Library.
Sunday, February 16, 2020
Home Health Agency Center Essay Example | Topics and Well Written Essays - 250 words
Home Health Agency Center - Essay Example which help members gain easy access to the information they need. In particular, on clicking Home Health PPS, visitors will gain information on the background of the payment system being implemented by CMS for home health agencies (HHAs). The page also provides general information on the laws and systems currently in place in terms of payment of home health services such as computation of required payments for patients requiring readmission or those visiting HHAs frequently within the 60-day episode. Additionally, the site directs visitors to other sites they can visit for more information on HHAs. There are also downloadable pdf files on regulations currently implemented. Generally, the information the CTMS.gov provides in its website are well explained and useful. They serve as definite guide to home health users as well as relevant agencies. Visitors exploring the site can expect fully comprehensive information on home health programs including history, regulation, duties of providers, etc. By reading from the site, users and service providers alike will gain a good perspective of their rights and duties in connection with home health
Sunday, February 2, 2020
Disc 1 Essay Example | Topics and Well Written Essays - 250 words
Disc 1 - Essay Example The human and resources department in many companies fill the gap of motivating the employees by ensuring that they retain the talent in the company (Kokemuller, 2009). Companies like coca-cola have for a long time rewarded and created an environment for its employees to grow and be innovative in their respective roles. The company offers further training to talented staff at Coca-Cola University (Coca-Cola Company, 2011). The incentives are fostered by the human and resources department that identifies talented employees and avails the incentives to develop for them. The Human and resource department plays significant roles that are crucial to helping the company achieve its goals and objectives. The department plays the central role of rewarding the hard working employees by pay rises and promotions (Kokemuller, 2013). Kokemuller, N. (2013, July 22). Functions That the HR Attempts to Fulfill in Any Organization. Retrieved may 21, 2014, from Chron: http://smallbusiness.chron.com/functions-hr-attempts-fulfill-organization-49597.html Richard, L. (2013, June 01). Top Three Recommendations for Implementing an HR Strategy in an Organization. Retrieved June 22, 2014, from Chron:
Saturday, January 25, 2020
Effects of Privatization on Performance
Effects of Privatization on Performance This research study investigates the impact of privatization on the Pakistan Telecommunication Company Limited (PTCL) financial performance which is privatize in 2005.The variables Net Profit Margin, Operating Profit Margin, Return on Assets and Earnings per Share and Number of trades of shares are used as representation for financial performance. The paired-samples t test for mean difference has been used for comparing the pre and post privatization performance. Analysis of the financial data shows decline in the net profit margin, operating profit margins, return on assets and earnings per share after the privatization; but the impact is insignificant for all the variables except the operating profit margin. The effects of privatization on employees performance and management remain a potential problem and issue for further research due to shortage of resources and knowledge. Effect of Privatization on Performance Poor performance of many companies and public institutions in general has shown that in principle the government is not a good businessman. In this regard Privatization, a global phenomenon considered as a tool that leads to economic growth, increase in productivity, efficiency in utilization of resources and expansion in output and employment. The rational consumer takes benefits from competition among private firms in the form of better quality services and low prices especially in banking, air travel and telecommunication sectors. Due to rigidity in our culture, Public Sector companies do not become flexible and more dynamic as compared to Private companies. In general, it can be claimed that privatization is a part of a broader economic policy which is referred to as the economic release or connecting to the world economy by some governments. Privatization is the process of changing the conditions of governmental activities so that the major context is fixed but the atmosphere of the sectors changes and the effect of atmosphere and conditions of markets on companies performance is likely to consider private sectors mechanisms Telecommunication plays a vital role in the economic development of any country. PTCL was privatized in 2005. Due to the privatization of PTCL, overall financial performance and the share prices of the PTCL became volatile. This purpose of this study is to study dynamic aspects of privatization and compare the pre and post privatization financial performance of the company. An overview of PTCL In 1947, after independence, Pakistan had an insufficient telecom base. Only 14,000 land lines were there in whole country and only one department of Telephone and Post Telegraph. In 1962 these two departments were alienated as Postal department and Telephone and Telegraph Department (TT). Pakistan started gradually enhancement in telecommunication sector in 1990. The brief history of PTCL is as follows: Telegraph and Postal Department was established in 1947. Telephone and Telegraph Department was established in 1962. Pakistan Telecom Corporation was established in 1990-1991. PTCL was listed in the Karachi Stock Exchange in 1996. Internet and mobile subsidiaries was established in 1998. Policies of Telecom sectors were finalized in 2000. Deregulation policy of Telecom sector was announced in 2003. Objectives of Research This research study aims to examine the effect of firms privatization on the performance of the Pakistan Telecommunication Limited (PTCL). The objectives of the study are as follows: To evaluate impact of privatization on the financial performance of PTCL. To understand whether privatization how much privatization is effective To help policy makers and other authoritative bodies regarding decision making about privatization. Literature Review Memon (2007) argue that privatization and the preparations for privatization are very important to minimize the social costs and dislocations caused by such initiative. Most South Asian countries have come to realize that privatization for the purpose of reducing fiscal deficits has caused them to off-load those enterprises which are loss making first. Such action has not inspired private sector confidence, and has resulted in large-scale worker retrenchment. Privatization is the key factor that enables markets to work properly and appropriately. According to Megginson Netter (2006) from last two decades most countries of the world shifted their firms from state ownership to privatization. In 1999 the revenue of privatization firms was $ 1 trillion around the globe. Given the importance of the subject, a lot of studies have been performed to analyze the impact of privatization in a number of countries. Taghizadeh (2009) compared 12 privatized telecom corporations with 12 non-privatized (governmental) ones regarding their per capita cost of operating, per capita cost to fix damages and per capita wage and costs of labor maintenance and conclude that the costs were lower in privatized centers regarding all three above mentioned domains. A recent study (Farinos et al., 2007) while investigating the companies privatized in Spain through the years 1990-2001 argue that privatization has had a great impact on efficiency, sale income and employment. Warzynski (2003) in his study of 300 Ukrainian firms finds that competition does not have a significant effect on firm performance measured by productivity and profitability while privatization has a marginal positive significant effect on profitability and an insignificant effect on productivity. He points out; however, that competition and privatization might be complementary measures, as he finds that competition increases the performance of privatized firms. Boubakri et al. (2005) study the post privatization corporate governance of firms and show that performance gains are associated with the type of dominant owners. Choi and Hassan (2011) argue that Privatized banks, on average, perform better than established banks, whereas this is not true where we do not consider country differences across privatizations. They conclude that although governance and foreign ownership are significantly correlated with decreased performance deviation of privatized banks relative to the established bank group, banking freedom (regulations) and extensive deposit insurance schemes in respective economies are associated with increased performance deviation. A recent study (Okten Arin, 2006) on the effect of privatization argues privatized firms improve productive efficiency by increasing their capita l and decreasing their labor endowment. But this effect disappears when we control for changes in market structure using a measure for market concentration. Hence, while private ownership has a robust positive effect on productive efficiency, whether gains in productivity will be passed on to consumers in the form of lower prices will depend on the market structure ensuing from privatization. Kerr et al., (2008) studied the privatization process in New Zealand and Australia through which they confirmed that the performance of companies after being privatized has improved greatly and privatization has increased the annual growth of New Zealand companies up to 12% and Australian companies up to 9%. Another study (Sarboland, 2012) conducted in Iran conclude that privatization has increased the overall financial performance of the corporation, however financial (debt) leverage ratios also increase, which reflects the companys poor performance in the years after privatization because in such a situation creditors will have less assurance and, moreover, in the view of lenders the less financial (debt) leverage ratio, the better. Some research studies found average performance after reforms, whereas, some studies found positive effect of reforms. However, most of the literature suggests that there is a significant relation between privatization and efficiency and due to the importance and the role that privatization has in increasing efficiency and optimum use of resources, more research is needed to confirm or reject the findings of previous studies. To do so, this current study has been tried to investigate the relation between privatization and efficiency in PTCL. Methodology The study basically focuses on the impact of Privatization on the financial performance of PTCL. Since the domain is PTCL, financial ratios of years 2000-2004 (before being privatized) and financial ratios of years 2005-2009 (after being privatized) have been analyzed, research population and sample are the same. Information and data needed for this research has been collected from the annual reports of PTCL. Since used data was obtained from company documents and financial records and accounting, the data is considered reliable. For measuring financial performance the following four variables have been used: Operating Profit Margin Net Profit Margin Return On Equity Earnings per share Number of Share trade In this study, to analyze data obtained from documents available in finance department, first, after separating and identifying the data of two periods (i.e., after and before privatization), the paired-samples t test for mean difference has been applied to analyze the data. This test explains volatility and significance of the variables, with the assumptions that the distribution of the variable is normal and that the variance of the variable is same in both set of populations. The test id done with help of Microsoft excel and SPSS. Analysis and Findings Refer to Table.1 in appendix, the shows summary of result of Paired-samples t test for the variable operating profit margin. Mean value of the operating profit margin is lower in the post privatization period. On the other hand, standard deviation is higher in the post privatization period as compared to pre privatization period. It indicates that privatization has negative impact on the net profit margin; moreover, it has also become more volatile after privatization. Whereas, the significant value is less than 0.05 which indicates that significant change has been observed in the operating profit margin after privatization. Refer to Table. 2, 3, 4 in appendix, the result shows summary of result of Paired-samples t test for the variable Net Profit Margin, Return on Equity, and Earning per Share respectively. Results show that all of these three variables have declined after privatization, and have become more volatile. The significance value is greater than 0.05 which indicates that changes in these variables are not statistically significant. Refer to Table. 5 in appendix, the result summarizes result of paired t test for the variable Number of trades. The mean value of the Number of trades is almost double in the post privatization whereas, the standard deviation for the number of trades is high in the post privatization period. P or significant value for the variable Number of Trades is highly significant as it is less than .005 indicating that the number of trades per day is significantly affected due to privatization. Conclusion Based on the results obtained, it was shown that there is a significant effect of privatization on the average number of trades of shares. This effect is being found positive as well. However, Analysis of the financial data shows decline in the financial performance of the company after privatization measured by operating profit margin, net profit margin, return on equity and earnings per share ratio. These entire four variables show decline in the post privatization period but the change is significant only in the variable operating profit margin. Hence we can conclude that privatization of PTCL has not been found analytically favorable. It is recommended, based on the result of the research, the legislative agencies should make appropriate policies to achieve a suitable market for Pakistan. Information clarification, choice of investor and a transparent privatization process should be the top priorities of authoritative bodies in order to make privatization more effective and effic ient. As suggested by Zeitun and Tian (2007) a privatization reform should go gradually and government should provide all necessary social securities to reduce the negative social impact of a firms liquidation. Issues for Future Research Many issues are not covered during the study due to shortage of resources and time. Based on the findings of the current research the following suggestions are recommended for further research: To examine the relation between privatization and management performance. To examine the impact of privatization on employees sense of job security. To examine the failures of financial ratios in decision makings. To examine the analysis of financial ratios in decision makings. To examine the impact of privatization on staffs efficiency.
Friday, January 17, 2020
The Effect of Pollution on Mount Everest
Nepal is the small, one of the poorest country of the world. Yet it is very rich in natural resources and scenic beauty including highest ranges of Himalayas. Nepal is the home of the eight highest mountains out often in the world. Mountaineers, trekkers and skilled professionals regularly visit to scale the Mountains in Nepal, which has increased the number of tourist in Nepal. In the last decade, people's attraction toward the mountaineering has increased a lot, by which number of climbers visiting Mount Everest has also been increased.Due to the increasing umber of climbers in the Everest, pollution in and around the Everest has increased and it needs a special attention to prevent from the pollution. Everest attracts people of all around the world. In the past only few climbers who know well about the mountains used to come but today most of the interested people who have enough economic sources visit Himalayas to climb the mountain. According to Norbu Sherpa, a mountain tourist guide, people come to climb Everest as they want to be famous scaling the tallest mountain in the world (Wawahare).In the early 2000s the number f tourist arriving to Nepal was around 400,000 but in last two years people flowing to Nepal has increased rapidly reaching around 900,000 nearly triple of starting 2000s as per the statistics given by the Nepal Tourism Statistics in 2012 (Ministry of Culture, Tourism and Civil Aviation ). As the numbers of climbers has increased, pollution in the highest portion of the peaks has been increased.Pollution in the Everest includes foods, plastics, cans, gas tanks, papers, climber's equipment, human excreta, and also dead bodies of climbers. According to Norbu Sherpa in the article, ââ¬Å"A Conversation with: Mountain Guide Norbu Sherpaâ⬠, if the flow of the climbers is frequent, more and more waste is created (Wawahare). The article ââ¬Å"Everest Maxed Outâ⬠published on June 2013 in National Geographic Magazine by Mark Jenkins pro vides information about his climbing on Everest and the flow of climbers he saw near camp Ill and pollution in the Everest.Jenkins says, ââ¬Å"The two standard routes, the Northeast Ridge and the Southeast Ridge, are not only dangerously crowded but also disgustingly polluted, with garbage leaking out of the glaciers and pyramids of human excrement befouling the high camps. And then there are the deaths. â⬠Pollution due to death of climbers happens especially due to certain change in weather and climbers who is less experienced or trained. Despite of being polluted, Everest fascinates and attracts the climbers toward it every year.As the increasing numbers of trekkers and climbers in the Everest has led to the pollution, government should try to clean up all the wastes in the Everest utilizing the revenue they had earned from the tourism industry. Norbu says, the government earnings through tourism has not been utilize in mountains nor for benefit of Sherpas (Wawahare). Gover nment should make strict rules and laws to punish the people who makes pollution in the Everest.If the Climbers did not bring back their all used equipment's and the trash from Everest they should lose their deposit money and Sherpas should be rewarded if they brought wastes to the lower base of Everest. And also government, mountaineering agencies should limit the number of people climbing the mountain in every season or month which will not only helps to control pollution but also maintains the traffic Jams in Everest. A climbers, guides and Sherpas should be provided trainings to handle the severe eather condition in mountain so that deaths in the mountains decrease.Decreasing the number of deaths and limiting the number of climbers on Everest pollution will be controlled and also government needs to be aware about the pollution on Everest and utilize their revenue for reducing pollution in mountains. Everest is one of the main factor that world recognizes Nepal, so every concern ed individual as well as government and agencies should control pollution. Controlling pollution it will not only preserve the beauty of Everest but also more people can have the glory to scale the Everest in future.
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