Insider Trading Essay -- Business, Investment, Trading

It can fairly be said that an Investor considering an investment decision (whether to purchase, sell or hold stock-taking) in publicly traded come with acts on the dry land of extensive information which is available by corporation to him until the last moment of his investing decision and try to determine the fair price of corporate stock. In the light of continuous creation of a particular impression of corporate affairs by the corporation, new information by corporate can go away the importance of previous available information to investor. In the scenario only one kind of investors can get advantage over others, who is either very restricting to corporate operation (corporate officers) or can access nonpublic price-sensitive information to corporation (large shareholder). These investors are known as insider. To ensure fair platform of art to all investor, the law of insider trading is one of the vehicles which is used by society to allocate the property right to informati on generated by firm and it can be ensured that by virtue of being insider, director or companys officer cannot explore private information in trading of his or her companys stock hardly many studies (e.g., Jaffe, 1974 Finnerty, 1976a,b Seyhun, 1986, 1988a,b Rozeff and Zaman, 1988 Lin and Howe, 1990) conclude that Insiders like to buy (sell) their own company stock before price-favorable (unfavorable) information disseminates in public and prevail the advantage of nonpublic information. For example, Jaffe (1974a) find the insiders are able to make abnormal return by taking position in their own stock but insiders short-term prediction power is greater than long-term predication. Several aspects of insider trading activity are debatable. Like is insider trading is... ...ces in compensation package to their executives among two groups. Graver and Graver (1995) find that intangible assets of a firm are important factor to determine the executives compensation and a large fa ctor of their compensation derives from long term incentive compensation like stock option grants. When executive receivers a large portion of compensation in stocks, and then his investment portfolio is subject to more idiosyncratic risk than any diversity investment portfolio or to survive, for example to pay home rent, he needs liquidity, which in turn, either to achieve diversify investment portfolio or to achieve liquidity, he sells his a part of his stake in open market even his stock in undervalued (Meulbroek, 2000). We assume that insiders selling of intangible assets firms are less likely to convey information to public than tangible assists firms.

The Educational Value of Platos Early Socratic Dialogues Essay

The Educational Value of Platos Early Socratic DialoguesABSTRACT When contemplating the origins of philosophical paideia one is tempted to think of Socrates, perhaps because we feel that Socrates has been a philosophical pedagogue to us all. But it is Plato and his literary genius that we have to thank as his dialogues preserve not just Socratic philosophy, but also the Socratic educational experience. Educators would do well to better understand Platos pedagogical objectives in the Socratic dialogues so that we may appreciate and utilize them in our own educational endeavors, and so that we may adapt the Socratic experience to new interactive educational technologies. Plato designed his Socratic dialogues to arm students for real world challenges and temptations. First, in both physique and function the dialogues attempt to replicate the Socratic experience for their audience. They demand from their readers what Socrates demanded from his students active learning, self-examination, and an appreciation for the complexity and importance of wisdom. Second, the dialogues challenge the conflation of professional and personal excellence, best exemplified by sophists such as Hippias, and exhort their reader to pursue personal aret separately from and alongside practical and professional skills or technai. Third, they aim not to transmit most prepackaged formula for success, but to see students to learn for themselves that is to love and pursue wisdom. The Socratic dialogues, and philosophic dialogue itself, are educationally important in that they teach us to be philosophers in the literal sense. It is instructively ironic that scholars look immediately to the Republic when considering Platos theory of education, yet most of... ...oral sense from being full at a particular skill .(3) I am here reminded of one of my own students reaction to Socrates. A meek Vietnamese woman who state barely anything in class wrote, Socrates gives me the courage to stand up for my belief and not to be afraid of others who tell me Im wrong.(4) For this description I am indebted(predicate) to Prof. Kostas Michaelides of the University of Cyprus.(5) This image is expressed eloquently in Socrates elenchos of Agathon in Symposium 199c-201c and of Menexenus in Lysis 216c-221d(6) See, for example, Laches 192e ff. and Charmides 164bc.(7) I am indebted for this eloquent distinction to Prof. Gerhard A. Rauche, Professor Emeritus of the University of Durban-Westivile, South Africa.(8) These characteristics of the Platonic telos are advocated by Prof. Apostolos Pierris of the University of Patras, Greece

European Animals The Major Part They Took In Forever Altering the Ecology of the Americas :: essays papers

European Animals The Major Part They Took In Forever Altering the Ecology of the AmericasAlthough the Europeans straw man in the Americas from 1492 to many years later caused drastic change in the environment, their authority in forever altering the entire American ecosystem was minor when compared to the part of the true criminals the European animals. The introduction of these European animals into the New initiation had the almost destructive effects on the new environment and everlastingly altered the bionomics of the Americas. During the time that pre-dated the arrival of the Europeans, the Americas remained basically untouched and prevailed as virgin land. The land was populated with not just American Indians, but also populated by vast numbers of plants and animals. These inhabitants lived, died, and bred alone for generation after generation, developing unique cultures and working out tolerances, that is up until 1492, when Columbus and the European conquerors invade d the harmonious land and at once initiated the many long years of corruption. The arrival of the Europeans immediately brought drastic changes to the way things were previously done in the Americas they immediately set about to transform as much of the new world as possible into the old world. Because they were people who practiced mixed farming with a heavy emphasis on herding and because they motto only very few domesticated animals in the new land, the Europeans began the action of importing Old World domesticated animals, such as the pig, cow, and horse. This action could most definitely be described as the greatest biological revolution in the Americas since the end of the Pleistocene era. The Europeans had no idea as to what they unleashed upon the New World when they introduced their domesticated animals. Many of these animals flourished in the new environment beyond the wildest hopes of their European masters. The animals and their diseases moved through the virgin lands of America faster than did the people who had brought them to the New World. By surpassing their masters, the animals became unstoppable, and their destruction was unfortunately boundless.Pigs, for example, existed as one among the many animal groups that played such a significant role in the changes that wrought the bionomics of the New World. Out of all of the imported animals, the pigs adapted quickest to the new environment.

Time and Cost Estimating Techniques Essays -- Project Management Obser

Time and Cost Estimating TechniquesEstimating work times provides several benefits for the project managing director. It gives an idea of the level of lawsuit required to completea project. This information then enables the project manager toproduce a realistic plan based upon that effort. Estimating as well as helpsthe project manager anticipate the budget for the project.There are many formal techniques available to estimate time and costfor activities. Please refer to the Project Management qualitySection for more details on these techniques. Any maven reviewing theseestimates should understand that they are approximations, nonaccuracies.Although the formal techniques are very specific, most of them havethe following tasks in crude* Break activities down into sm only pieces for easier and more accurate estimation. (WBS)* recapitulation historical information and compare to current activities.* Include a contingency buffer for likely risks.* Solicit advice from others that have previously completed similar activities.* Identify and document the assumptions and parameters used to derive the estimates.Microsoft ProjectMicrosoft Project is project heed software. Project managementsoftware assists project managers by providing a means for organizingproject information. A project manager uses the software to enter andmaintain a workplan that organizes activities and details. Thesoftware calculates the schedule dates for tasks based on the time orwork requirements of each task using a calendar of working days forthe project and its resources.Microsoft Project is a tool to assist project managers in creating aWBS, PERT Charts, Gantt Charts, and resource histograms. Other reportsand charts are also readily available for use and customization. AISproject team members and managers should use the latest version.PERT/CPMNetwork analysis techniques identify early and late start and finishdates for the uncompleted portions of project activities. The ProgramEvalu ation and Review Technique (PERT) and the Critical Path Method(CPM) are examples of network analysis techniques.The Program Evaluation and Review Technique (PERT) is anevent-oriented technique used to show all the project tasks,dependencies, and earliest and latest start times for each task ingraphical form. It is used... ...y are achieving the task goals. Thistype of observation can also be useful if aspects of team performanceare being investigated to understand how the team members areorganised and perform their tasks.Communication and conversational analysisinvestigation of the patterns in the organisation of peoplesinteraction (it would be possible to use the principle of analysing aconversation between two travellers, or one traveller and onetransport enquiry office operator in real situations, in order toidentify the needs for the traveller in specific contexts, what arethe difficulties encountered, how a system could resolve thesedifficulties,... ). One of these methods is the language / actionapproach which considers the language as a means by which people act.Advantage of this method it provides a complete and logicalconceptual frame in order to investigate all kinds of conversation.Disadvantage of this method many situations are characterised bysubtle communion processes not taken into account by the model.There is also a difficulty in labelling an interaction and a messageespecially if they do not fit into the request or promise categories.

View on Intellectual Property Rights :: essays research papers

Intellectual Property RightsAThrough the years history has documented amazing men and women which have contributed a good deal of their ideas to improving society. Intellectual Property Rights plays a vital role in not just safeguarding the individual to protect the use of their ideas from misuse but it was meant to recruit inventiveness and creativity.Intellectual Property Rights has evolved with the emergence of new technologies its scope has grown and several factors including globalization of economies as well as changes in the way businesses die and politicization of IPR issues have been factors influencing its direction. If one were to asses the Philippine setting it would appear that our progress is slow comp ared to our other neighbors. Our earliest record of laws on intellectual property rights dated clog up in 1947. We joined the World Organization (WIPO) in 1980 except after 10 years after it was established and our Intellectual Property code has only taken into effe ct during 1987. Furthermore the country is viewed as one of the nations that are weak in enforcing laws governing Intellectual Property. Resulting in Millions lost in tax revenue for corporations and the government in taxes. Consistent enforcement is critical because of the reality that there are people who do not respect the Intellectual property rights of others. The reason whitethorn vary from greed, lack of awareness, perceived necessity, criminal intent or even an innocent mistake. When illegal copies take market share or even slay a potential market the enforcement mechanisms become vital to not only protect the players and the entities but also the general public as well. Most of the industries that are affected include computer software, music, films, luxury goods and fashion, perfumes, books, watches, medicine among others. According to World Intellectual Property Organization (WIPO) the factors that influence the increase include a evidentiary gap in the consumer purcha sing power, inability to meet the market demand and emergence of new technologies making it easier to produce volumes of illegal copies at faster rate.

View on Intellectual Property Rights :: essays research papers

Intellectual Property RightsAThrough the years history has documented amazing men and women which have contributed overmuch of their ideas to improving society. Intellectual Property Rights plays a vital role in not just safeguarding the individual to protect the use of their ideas from misuse but it was meant to boost inventiveness and creativity.Intellectual Property Rights has evolved with the emergence of new technologies its scope has grown and several factors including globalization of economies as well as changes in the way businesses lean and politicization of IPR issues have been factors influencing its direction. If one were to asses the Philippine setting it would appear that our progress is slow comp ard to our other neighbors. Our earliest record of laws on intellectual property rights dated pole in 1947. We joined the World Organization (WIPO) in 1980 just now after 10 years after it was established and our Intellectual Property code has only taken into effect dur ing 1987. Furthermore the country is viewed as one of the nations that are weak in enforcing laws governing Intellectual Property. Resulting in Millions lost in gross for corporations and the government in taxes. Consistent enforcement is critical because of the reality that there are people who do not respect the Intellectual property rights of others. The reason whitethorn vary from greed, lack of awareness, perceived necessity, criminal intent or even an innocent mistake. When illegal copies take market share or even obscure a potential market the enforcement mechanisms become vital to not only protect the players and the entities but also the general public as well. Most of the industries that are affected include computer software, music, films, luxury goods and fashion, perfumes, books, watches, medicine among others. According to World Intellectual Property Organization (WIPO) the factors that influence the increase include a earthshaking gap in the consumer purchasing powe r, inability to meet the market demand and emergence of new technologies making it easier to produce volumes of illegal copies at faster rate.

American Beauty: Interpersonal Conflict in Film Essay

In any type of relationship there is scrap. It is inevitable really as the needs of more than one soul must be met to have a copacetic or symbiotic relationship. Whether the interpersonal conflict is constructive or destructive, the key to its resolution is in how the conflict is managed and the amelioration each party receives from it. That is easier said than done though. Watching interpersonal conflict play out in film is a cathartic way to empathize with a character that is or characters that be going through a similar conflict experienced by the films viewer. This viewer can bear away note of the outcome from the decision the character(s) made in this similar instance. If the viewer had taken a negative route, this film can provide him or her with the utility(a) to his or her behavior should this situation arise again.If the viewer had taken a positive route this can show him or her what could have been had he or she not made the decision(s) he or she in fact made. In the film American Beauty, the viewer is shown what the question of beauty always begs to answer with a wry outlook. Is beauty only held in the outward appearance? Is beauty this mask worn to show the world what we think they want to see? Or is beauty what we keep sheltered or locked within? Is it what is inside- our thoughts, passions, hopes, dreams, strengths and weaknesses? Is it what is just below the surface- skeletons in the closet or the dysfunctional realm only few are privy to and no one really puts a spotlight on?