Business ethic and CSR Essay Example | Topics and Well Written Essays - 750 words

Business ethic and CSR - Essay Example The paper also maintains that positive correlation between CSR expenditure and future performance of the firm is different from what it is usually taken for because such studies usually don’t take the factor of management’s private information in consideration. And in essence these disclosures are signals by which firms communicate their private information of bright future prospects to the outside world. They maintain that charity hypothesis for CSR expenditure is not linked with the future performance of the firm though it may be linked with current period performance. Investment hypothesis and Signal hypothesis (i.e. either CSR expenditure are investments or communications of bright future prospects) are both positively linked with the future performance of the firm. But their positive relation is of mutually different nature. Their methodological innovation to test and differentiate between investment and their cherished signaling hypothesis lies in their splitting the CSR expenditure further down in investment related and non investment related components. If CSR spending is good investment then there should be positive relation between its investment component (optimal CSR expenditure) and its future performance. And if it’s not some investment endure but a signaling of better future prospects then there will be positive association between firm’s deviation from the optimum and its future performance. Although authors recognize that effects of optimal expenditure and deviation from it are not mutually exclusive as both can have positive association with the future performance. Through this methodology authors come up with their first result that CSR expenditures has a positive association with the future performance of the firm measured mainly through the change in the operating cash flow and ROA. When this relation is established authors then refute the Charity hypothesis regarding CSR expenditures. For if CSR spending are cha rity then these should not affect the future performance of the firm. Next, authors undertake the differential impact of optimal and deviational components of CSR on the future performance of the firm. Their striking conclusion entails that improved future performance of the firm, on average, is linked with the deviational CSR expenditure rather than optimal CSR. Further by their size adjusted returns tests they conclude that, on average, optimal CSR results in the decline of share holder value and the overall positive impact on the firm value is the result of signaling value of CSR expenditure. And with result authors refute the investment hypothesis of CSR while maintaining that for this hypothesis to hold firm it was required that optimal CSR should result in the increased performance of the firm. With their findings authors of the paper point to a new horizon in corporate literature regarding the true purpose of CSR expenditures and disclosures. Most important breakthrough that their work offers is the signaling value of CSR expenditure. This avenue of signaling worth of CSR disclosures has been usually neglected. Thus their discovery will add new angle to the relation of CSR expenditure and future performance of the firm. Their finding also highlights the phenomena that CSR expenditures are taken by the firms when they feel that their future prospects are bright and in coming

Campbell & Baileys Boston Office Essay Example for Free

Campbell Baileys Boston Office Essay When Campbell and Bailyn’s Boston Office made the decision to restructure their organization and place a new emphasis on specialization, the business and employees faced multiple challenges during the process. Although communication problems were evidenced in the scenario, I was also concerned with the lack of buy-in by the employees within the organization. According to a recent writing in Bloomberg’s Business Week, employees are an important factor in determining how customers perceive the company’s brand. For this reason, companies should do more to nurture the company’s culture through internal branding efforts. In addition, when employers consider a company’s brand, they think in terms of marketing departments, advertising, and publications. In reality, a brand is made up of every experience that a customer has with an organization. (McKee, 2014). Management consultant Peter Drucker states â€Å"culture eats strategy for dinner† (McKee, 2014). When employees become stressed out at work, it impacts their performance and in turn the company’s productivity. In the Boston office, it was clear that Paul Callahan, the top grossing sales person, was stressed out. In a recent article, it is stated that depression and burnout afflict one-third of employees (Cooper, 2014). These afflictions can also negatively impact employee performance and morale. In the case of the Boston office, it would benefit the organization to speak with the employees and work towards obtaining their buy-in. Once the employees buy into the change, they can then pass that enthusiasm on to their customers to gain their buy-in as well. References Cooper, C. (2014, May 15). Depression and burnout at work afflict one-third of employees. The Independent. Retrieved from http://www.independent.co.uk/life-style/health-and-families/health-news/depression-and-burnout-at-work-afflict-onethird-of-employees-9294596.html Donnellon, A. Gifford, D. (2008). Campbell and Bailyns Boston Office: Managing The Reorganization. Boston: Harvard Business Publishing. McKee, S. (2014, May 13). Branding begins at home. Bloomberg Business Week. Retrieved from http://www.businessweek.com/articles/2014-05-13/branding-begins-at-home

Management Proposal :: Management Report Summary

Management Proposal Deep-well drilling has been around for centuries. Over the years, different techniques have been developed in order to improve the efficiency of drilling in a number of different geographical locations. Today’s deep-well drilling industry revolves around the use of bits. In order for this company to be proficient with time and money, it is essential to use bits that are tough enough to withstand impact, while at the same time still possessing a hard surface to protect it against wear. Case hardening will be the method of choice because of it’s well known ability to create the desired effects of hardness and toughness. Case hardening is a process in which low-carbon steel or iron is carbonized at the surface. The carburized steel part must be machined first in the soft condition, and then hardened by a case hardening treatment to create a hard outer layer. The type of heat treatment used will depend on the contents of the steel. A typical steel alloy for all-around structural purposes is composed of 0.35% carbon. For our case, we will use a chromium steel combination known as No. 5120, which is a much better quality alloy than carbon steel. The casehardened tool we seek to make will need to be able to withstand high stress impacts and have a hard durable surface to prevent the bit from breaking. Chromium-steel No.5120 is intended to fulfill these exact specifications. The desired levels of carbon and chromium are 0.20% and 0.75%, respectively. In order to accomplish this, the correct heat treatment must be applied. A proven affordable method of casehardening is gas carbonizing. The objective of gas carbonizing is to force a flow of carbonaceous gas between the two plates. The result is a penetration of carbon in less time. The plates are heated by electricity, which allows for a more uniform carbon penetration. The best-known carbon gas used for this process is carbon monoxide because of its ability to rapidly penetrate the metal. A side effect of carbon monoxide is an oxidizing effect that might harm the casehardened metal. To avoid this, the work is packed with wood charcoal in a cylinder. It is then heat ed to the carbonizing temperature and, a current of carbon dioxide is infused into the cylinder. After the metal has been gas carbonized between 1650 degrees F.

Examples of a Paper I Am Writing Essay

Write a 1,400- to 1,750-word paper that answers the following questions: †¢ Have you learned something new about your own racial, ethnic, or cultural history? †¢ Trends in immigration will continue to shape the demographics of the United States. What will the U.S. population look like in the year 2050? Why do you think so? †¢ What challenges does the United States face due to the diversity of its people? †¢What are the benefits of such a diverse society? There are many benefits to having a diverse society. Some of these benefits are being able to experience so many different people and coulters in one area. Being able to living together with many different views and beliefs can open our eyes to many options. In the United States you can see many different parts of the world in its population in a small area. Look at New York City, with all the different areas such as Little Italy and Chinatown. Areas so tightly packed with people from the original regions that these sections can look almost identical to the original region. Having so much diversity in the United States it gives us a chance to open our eyes and experience things that we would never have had a chance too. †¢ How can we foster a climate of acceptance and cultural pluralism in the United States? †¢ In what ways does the media perpetuate stereotyping and prejudice? Provide examples to support your assertion. †¢ In what ways does the media help foster appreciation for diversity? Provide examples to support your assertion. †¢ How might individuals and the United States work together to reduce prejudice and increase appreciation for diversity? There are many things in our world that need to change to ensure that mankind does not destroy ourselves. If we can take the time to look at each other as individuals †¢ How might you change your own behaviors to be more inclusive and pluralistic?

Mother to Son and the Coora Flower: a Poetry Analysis

Mother to Son and The Coora Flower: A Poetry Analysis In poetry, more so than any other form of literature, understanding sound, meaning and theme are key to understanding the work itself. In the case of the poems â€Å"Mother to Son† by Langston Hughes and â€Å"The Coora Flower† by Gwendolyn Brooks these elements, when heavily focused upon, allow the reader to discover the message that these writers were attempting to convey.Thought both writers use these elements to their fullest to communicate their respective messages, the method and messages vary greatly. In the poem Mother to Son, Hughes tells the tale of a mother speaking to her son about life and the hardships that one must face to make it in the world. Hughes uses extended metaphor to establish this view. In the second line he writes â€Å"Life for me ain’t been no crystal stair†, which initiates the metaphor.He then proceeds to describe the stair of her life. With the lines, â€Å"It’s h ad tacks in it, and splinters, and boards torn up, and places with no carpet on the floor†¦Ã¢â‚¬  he support the mothers claim that like has not been a crystal stair case by using the metaphor to make a direct comparison between imperfections in the staircase and the pitfalls in life. He continues on with the line â€Å"bare† symbolizing rock bottom, nothingness, the absence of value.Then poem then begins to rise in action to signify the continued climb and the need to continue on, which is seen in the following lines; â€Å"I’se been a-climbin’ on,/ and reachin’ landin’s,/ and turnin’ corners,/ and sometimes goin’ in the dark†¦Ã¢â‚¬  the narrator states to the son once more that they still continue to climb and that life was easy for them. The language and the line structure chosen by Hughes help facilitate the message. He use very simple language but is able to invoke strong emotions from the reader.The language would p otentially lead the reader to believe that this is truly a simple woman who had to struggle everyday of her life to make it. If Hughes had used more formal language within the work I do believe the mood would have been lost. The use of â€Å"And† at the beginning of lines creates almost a stepping motion within the rhythm of the words. Lines four, five and six in conjunction with the use of â€Å"And† creates a feeling of stepping or maybe even falling down stairs. Each lines description gets progressively worse until there is nothing left, which signified having nothing left to lose.Then with lines ten, eleven and twelve the use of â€Å"And† creates the sense of climbing back up with the same speed at which you fell. Line twelve ends the climb in sound and creates a leveling off that coincides with the walk through the dark stated in the poem. This established a mood of cautiousness, feeling things are. I thought this was a perfect example of theme and sound c oming together to support meaning. I especially like the lines, â€Å"Don’t you set down on the steps. / ‘Cause you find it’s kinder hard. It shows that giving up isn’t an option; that quitting is the easy way out and that continuing to struggle on and fight is what’s really difficult. She asks no more of the son than she would ask of herself because she knows that it can be done, she was able to accomplish it herself. In Brooks’ poem The Coora Flower, she writes about escapism and reality. The poem starts off with the narrator telling the reader what she learned about and then we are snatched back into reality with the lines, â€Å"Now I am coming home. / This, at least, is Real, and what I know.The following stanzas construct the comparison between life in school which is the escape and the life outside which is reality; â€Å"It was restful, learning nothing necessary. / School is a tiny vacation. At least you can sleep†¦/ But now it’s Real Business. I am Coming Home. † And as we read on we discover that reality is harsh, cold, painful and unrelenting and that the other world is more optimistic, warm and liberated. â€Å"My mother will be screaming in an almost dirty dress. / The crack is gone. So a Man will be in the house. / I must watch myself. / I must not dare to sleep. These lines define reality within the poem. Brooks also relies heavily on nuances within the structure and language to establish the message. The stanzas that contain information about school are longer and articulate. The lines flow and are inviting. When the lines about reality are read they are short, cold and very deliberate; they give a sense of rigidity. The language is very direct and in some case demanding â€Å"I must†¦Ã¢â‚¬ . All stanzas about what’s â€Å"real† are two lines long while the ones that focus on school are four lines long. The statements toward school came off as being very cynica l to me. It was restful, learning nothing necessary†¦ At least you can sleep†, the use of â€Å"at least† in these lines and the line that follows are what created the cynicism for me. It seemed as if she didn’t respect what went on in school because it wasn’t the harshness of her everyday life. Capitalization is something that caught my attention. The word â€Å"Real† always has the first letter capitalized, which to me established a mood of seriousness within the statements that contained it. I feel this is true the second use of â€Å"Coming Home† and â€Å"Man† in line fourteen.The capitalization on these words was carefully chosen to continue facilitating the theme and meaning. There is one line in this poem that caught my attention and required me to reread repeatedly to get what she truly meant that line is â€Å"which is not free from grief†. At first I thought it was just in reference to the previous line â€Å"At least you can think of love or feeling your boy friend against you† but upon multiple readings I realized that this was in reference to the whole stanza. She’s hinting at the fact that even good things come with their element of heartache.I found that to be an interesting idea and it shows that the narrator may never be able to find peace, maybe she thrives on the hardship and anguish that comes with her life because that is all she knows. When the two works are placed side by side one would have a hard time make a connection between them. It is true that the differences between the works are great but elements exist in both; some minor, some major but all important. One could make the simple connection both individual were African- American doesn’t give them the respect they deserve.Also that connection would have to be made off historical references outside of the work because nothing in either work given you indication that they are African American. The conn ection that should be made is that the both wrote of adversity and hardship; that both used elements like structure, language, tone to convey their message but end the came out with very different view points. From a psychological perspective the reader can focus on the fact that in Hughes’ poem the adversity within it was deemed to be external to the one relationship shown.In the case of Brooks the adversity was internal to the shown relationship. In both situations the writers own their material, you get the sense that these works are true to life for both of them. But where Hughes’ work is empowering, Brooks’ work is saddening because you can’t see the light at the end of the tunnel for her narrator you just she the cold, harsh reality that is life, which was her intention. Her story was never meant to be uplifting it was meant to depress and sadden. Even in her few moments of joy, the narrator still could be happy because she knew at any moment it cou ld all end.Both writers are successful at establishing a mood and theme throughout there works. I believe if these writers had an opportunity to sit down with either they would see elements of themselves in the other. In one case the young and still hopefully individual and in the other harden and scared individual that the young may become. But in the end these are my interpretations and it up to you to make your own. That’s the wonderful part about poetry it’s different for everyone who reads it.