Adjusted Present Value Adjusted present value is an investment appraisal technique similar to net present value method. However‚ instead of using weighted average cost of capital as the discount rate‚ ungeared cost of equity is used to discount the cash flows from a project and there is an adjustment for the tax shield provided by related debt capital. Formula Adjusted Present Value = PV of Cash Flows using Ungeared Cost of Equity + Present Value of Tax Shield Where PV stands for ’present value’
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The Value of Philosophy In the introductory lecture notes to this course I stated that we would start with a working definition of philosophy as being the “love of wisdom.” I have found‚ though‚ that just about every other definition attempted has many shortcomings. No one definition seems adequate to define what it means to engage in philosophy. Consequently‚ I think it is best to think of the philosopher in the somewhat imprecise term of a lover of wisdom. Someone who is continually in
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In A Defense of Moral Relativism‚ Ruth Benedict argues that normal behavior varies from society to society; therefore‚ what’s morally right for one society can be morally wrong for another. To support this argument‚ Benedict mentions how certain cultures practice what’s “abnormal” to us without any difficulty. She goes further to give examples of traits that are abnormal to us such as‚ “sadism or delusions grandeur or of persecution” (Benedict‚ 1934‚ p.1) and concludes saying that “these abnormal
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for Research on Adolescence Moral Development in Adolescence Daniel Hart Rutgers University Gustavo Carlo University of Nebraska-Lincoln Themes in the papers in this special issue of the JRA on moral development are identified. We discuss the intersection of moral development research with policy concerns‚ the distinctive qualities of moral life in adolescence that warrant investigation‚ the multiple connotations of ‘‘moral‚’’ the methods typical of moral development research‚ and the
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Values Orientation “Cultures‚ as well as countries‚ are formed by the emergence of value systems (social stages) in response to life conditions. Such complex adaptive intelligences form the glue that bonds a group together‚ defines who they are as a people‚ and reflects the place on the planet they inhabit.” – Don Beck‚ international expert on the psychology of values. Benefits of Values Orientation * Understand organisational and individual behaviour and successful adaptation to the environment
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6/8/12 What are moral panics? What are ’moral panics ’? Hayley Burns If we do not take steps to preserve the purity of blood‚ the Jew will destroy civilisation by poisoning us all. (Hitler‚ 1938) Surely if the human race is under threat‚ it is entirely reasonable to segregate AIDS victims‚ otherwise the whole of mankind could be engulfed. (The Daily Star‚ 2 December 1988) Although an extreme illustration‚ the above quotes serve to set up the creation of a ’moral panic ’. Just as Hitler
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MORALISSUES FILESHARING Story from BBC News: http://bit.ly/tenenbaum Worksheet written by James Greenwood. http://www.james-greenwood.com American student Joel Tenenbaum was taken to court for downloading and sharing songs using the peer-to-peer file sharing program Kazaa. Under US law‚ recording companies are entitled to $750 to $30‚000 per infringement‚ or more if the jury believes the infringements were wilful. In the first case of this kind‚ a Minnesota jury awarded $80‚000 per
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Miracle Okereke (16+ category) 1 GOLDEN The Olympics has spelled us all‚ We all own bikes now‚ riding across our chartered streets Whilst strutting our stuff in our skin tight spandex shorts‚ We are aware we look like fools however‚ In our pixelated vision we are peddling for gold. Yesterday‚ as I rode by‚ I watched the brown leaves slowly float away Whilst the branches wept like clingy mothers‚ In the still noon I watched this departure The leaves like snowflakes fell silently Then
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INTRODUCTION Whistle-blowing is the revelation by prior or present employees of the organization of illicit‚ dissolute or dishonest acts under the governance of their employers‚ to persons or organizations who can distress signal (Near & Miceli 1985). Persuading employees to blow the whistle when they are conscious of their organizational misdemeanor enforces a constructive duty on whistleblowers‚ a duty to do well to others or to put a stop to the harm that the organization may cause to others
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least 2500 years‚ since the time of Socrates and Plato. Many ethicists consider emerging ethical beliefs to be "state of the art" legal matters. Values‚ which guide how we ought to behave‚ are considered moral values‚ e.g.‚ values such as respect‚ honesty‚ fairness‚ responsibility‚ etc. Statements around how these values are applied are sometimes called moral or ethical principles. The concept has come to mean various things to various people‚ but generally it’s coming to know what it right or wrong
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