Driving age should not be raised Vroom‚ vroom! The first time behind the wheel alone--exciting‚ nerve-racking‚ free. No parents or instructors‚ just yourself and the car; all decisions are solely made by you. Are you ready‚ are you... old enough? The discussion of keeping the minimum driving age at 16 or raising it to 21 revolves around generic maturity‚ but there is more than just that to look at. After reviewing all pros and cons‚ the minimum age for being allowed to operate motor vehicles should
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Interests in corporate governance‚ specifically in business accountability‚ emerged in 2001-2002 in response to the financial collapses that large companies faced such as Enron in the United States‚ Parmalat in Italy‚ Ahold in Netherlands etc... . Governments and agencies‚ tried to prevent these scandals by issuing laws and regulations such as the Sarbanes–Oxley Act of 2002‚ United States federal law‚ however‚ shortly the interests in good corporate governance was renewed and emphasized after the
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demonstrated qualities that make him stand out as a great leader. At an early age he has achieved a notable feat that has helped change our ways of life. Leadership is a complex process. According to Gill‚ there are six themes that we can connect to what we call good leadership. These are the following: vision of a desirable future‚ upholding a clear goal or undertaking‚ sympathetic ideals‚ good and smart strategies‚ empowerment‚ motivation or encouragement. There is a wealth of research that shows
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Children who are brought up in families that do not have large amounts of money are better prepared to deal with the problems of adult life than children brought up by wealthy parents. To what extent do you agree or disagree with this opinion? Families have different financial levels and some people think that this variety of the family budgets have an impact on children skills. I believe that amount of money in family budget does not affect children’s preparation to deal with some problems in
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One thing that haunts every human is the overwhelming desire for approval. ‘compared to the considerable theoretical emphasis placed on self and identity factors by psychiatrists and clinical and social psychologists‚ sociology’s dominant etiological approach to mental disorder‚ stress theory‚ has given far less theoretical and research attention to self and identity con- structs and processes.’’( Rebecca A. Redmond and Anne E. Barret). Whether it be from a boss‚ a parent‚ a friend‚ or even a lover
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Enron: Questionable Accounting Leads to Collapse The Enron Corporation was established by integrating two major gas pipelines in 1985. The Company provided products and services related to natural gas‚ electricity‚ and communications and it was one of the world’s leading organizations at these sectors with claimed revenues of nearly $101 billion in 2000. Throughout the 1990s‚ Chair Ken Lay‚ chief executive officer Jeffrey Skilling and chief financial official officer Andrew Fastow transformed
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[Case/Article Name]: The Enron Wars – Vanity Fair | The Watkins Memo | Questions: 1. Why do you think the whistleblowers we’ve encountered have all been women? The first reason I guess is women are more considering about emotions not about objective facts. Maybe a man won’t do anything he thinks it is wrong. He will refuse wrong things immediately. But women judge things by their own standards. For instance‚ if a woman likes the person who tells a woman to do something wrong based
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Theories of Corporate Governance The philosophical foundations of corporate governance Edited by Thomas Clarke Contents Preface Acknowledgements ‘Introduction: Theories of Governance – Reconceptualizing Corporate Governance Theory After the Enron Experience’ Thomas Clarke PART 1 ECONOMIC FOUNDATIONS ix xi 1 31 34 45 ‘The Managerial Revolution in American Business’ Alfred D. Chandler Jr ‘The Impact of the Corporation on Classical Economic Theory’ Adolf A. Berle PART 2 AGENCY THEORY
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Case summary – Enron Corporation’s Weather Derivatives Steve Haik‚ Dan Sleker and Bas van Bellegem – March 2003 Background In October Mary Watts‚ CFO of Pacific Northwest Electric (PNW) reviewed the forward plan for PNW’s 200-2001 season. PNW’s has been experiencing nearly no EPS growth since 1995 due to deregulation and warmer-than-average winter climate. The stock price had suffered accordingly‚ but there maybe a way to hedge the weather risk via a new “weather derivative” being proposed by
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Enron: Shaping The Future of Ethics In Business “Give me the story– please‚ the story. If I can finally understand the case in simple terms‚ I can‚ in turn‚ tell the same story to the jury and make them understand it as well. I go about my life confused most of the time‚ but when I get something clear I usually can communicate it. Getting it clear is not the work of huge minds‚ which often are baffled by themselves‚ but the labor of ordinary minds that understand simplest of stories… most of all
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