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Water Pollution

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Water Pollution
WATER AS OUR NATURAL RESOURSE
There are more than 326 million trillion gallons of water on Earth. Less than 3 % of all this water is fresh water and of that amount, more than two-thirds is locked up in ice caps and glaciers. With so much water around it seems like there is enough to see us through for millions of years. But did you know that even water, which seems to be in abundance, might one day become scarce?
Each time you throw something as garbage, think of where it will finally end up. Whether it is a plastic glass, your broken cell phone or the used up battery cells from your portable CD/MP3 player, they all contribute in some way to environmental pollution and are also hazardous to life. Not only are they biodegradable, but also disposing of them has their own risks as they release harmful toxins into the air and surrounding soil and ground water. All these cause water pollution .!

What is water pollution?
Water pollution is the contamination of water bodies (e.g. lakes, rivers, oceans, aquifers and groundwater). Water pollution occurs when pollutants are discharged directly or indirectly into water bodies without adequate treatment to remove harmful compounds.
Water pollution affects plants and organisms living in these bodies of water. In almost all cases the effect is damaging not only to individual species and populations, but also to the natural biological communities.
Water pollution is a major global problem which requires ongoing evaluation and revision of water resource policy at all levels. It has been suggested that it is the leading word wide cause of deaths and diseases,[1][2] and that it accounts for the deaths of more than 14,000 people daily.[2] An estimated 700 million Indians have no access to a proper toilet, and 1,000 Indian children die of diarrheal sickness every day.[3] Some 90% of China's cities suffer from some degree of water pollution,[4] and nearly 500 million people lack access to safe drinking water.[5] In addition to

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    References: Burkart, M., Gromb, D., Panunzi, F., 1997. Large shareholders, monitoring, and the value of the firm. Quarterly Journal of Economics 112, 693 – 728. Cho, M.H., 1998. Ownership structure, investment, and the corporate value: an empirical analysis. Journal of Financial Economics 47, 103 – 121. Chung, K.H., Pruitt, S.W., 1994. A simple approximation of Tobin’s Q. Financial Management 23, 70 – 74. Dahya, J., McConnell, J.J., Travlos, N.G., 2002. The Cadbury committee, corporate performance and top management turnover. Journal of Finance 57, 461 – 483. Demsetz, H., Lehn, K., 1985. The structure of corporate ownership: causes and consequences. Journal of Political Economy 93, 1155 – 1177. Demsetz, H., Villalonga, B., 2001. Ownership structure and corporate performance. Journal of Corporate Finance 7, 209 – 233. Denis, D.J., Sarin, A., 1999. Ownership and board structures in publicly traded corporations. Journal of Financial Economics 52, 187 – 223. Denis, D.J., Denis, D.K., Sarin, A., 1997. Ownership structure and top executive turnover. Journal of Financial Economics 45, 193 – 221. Doukas, J.A., McKnight, P.J., Pantzalis, C., 2002. Security analysis, agency costs and UK firm characteristics. Working Paper. Faccio, M., Lasfer, M.A., 1999. Managerial ownership, board structure and firm value: the UK evidence. Working Paper. Faccio, M., Lasfer, M.A., 2000. Do occupational pension funds monitor firms in which they hold large stakes? Journal of Corporate Finance 6, 71 – 110. Fama, E.F., 1980. Agency problems and the theory of the firm. Journal of Political Economy 88, 288 – 307. Franks, J., Mayer, C., 1996.…

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