The factors that influence dividend policy

The factors that influence dividend policy According to Maury and Pajuste (2002) this kind of factor is important that may affect companys dividend policy. Each company big or small has different structure of owners who have different preference of dividends. The relationship between managers and stockholders in family companies is monitored by agency theory. As there is no separation between ownership and control, the agency problems will be reduced in family companies according the paper of Yoshikawa and Rasheed (2010). But, in big companies which have a huge government ownership will affect by agency problem. This may happen in corporations because of a double principal-agent problem as Gugler (2003) pointed out. For these companies there a solution to mitigate the agency problems which is by paying dividends. There is a huge separation between ownership and management in new companies. This may make inconsistent relation between managers and the owners of the company. Jensen and Meckling (1976) pointed out this problem in their research paper. If the managers have the decision in their hand, they will make it for their interest rather than of the company. This issue was discussed by La Porta et al. (2000). They argue that managers who have the authority on the company may advantage themselves in the form of stealing, increasing the salaries for themselves or selling the assets of the firm. In Oman, there is no big difference in the ownership structure of listed firms. Although the government in Oman is not an active investor in the Muscat Securities Market, it holds a large amount of shares in Oman Telecommunication Company which is about 70% of the shares. In the other hand, Omani government holds a little amount of shares in some large listed companies. There are a number of papers examined the relationship between ownership structure and dividend policy such as Desmetz, (1983); Desmetz and Lehn, (1985); Shleifer and Vishny, (1986); Morck et al., (1988); Schooley and Barney,(1994). They found that the ownership structure in large firms could affect dividend policy. In a recent study in emerging markets, Jayesh Kumar (2003) found that ownership structure does not influence dividend pay out policy uniformally. Ramli in his study of Malaysia suggests that controlling shareholders does influence the dividend policy of Malaysian listed companies. He also found that large shareholders have effects on Malaysian dividend policy. Mondher Kouki (2009) examined the Tunisian firms and found that the ownership structure is affected by institutional investors. They suggest that ownership structure approach is highly relevant to an understanding of corporate dividends policy in Tunisia. Al-Yahyaee (2008) in his study of dividend policy of Omani firms found that government which controls the company tends to have large payout ratios. In addition, Al-Kuwari (2009) pointed out that companies which the government owed a proportion of shares pay dividend more than companies owned by private sector. . Al-Yahyaee results also shows that there is a positive association between dividend yield and government ownership. This finding is in consistent with the results suggested by Gugler (2003). According to Al-Yahyaee (2008), Government ownership has a strong influence on the dividend policy of the non financial firms. Company Size: Firm Size is considered as one of the variables that have the ability to affect the dividend policy of the company. Lloyd et al. (1985) in their study to examine the influence of the firm size on the dividend policy add firm size as an important variable of dividend behaviour. Aivazian, and Booth (2003) found in their study about dividend policy in both US companies and emerging markets companies that there is evidence that firm size influence dividends. There are two types of companies, large and small. Many researchers such as Jensen et al. (1992), Fama and French (2000) on their study about dividend policy found that big firms pay high dividend to their shareholder than small firms. This occurs because of the fact that small firms have high chance of bankruptcy than large firms. Moreover, the research paper of Lloyd, Jahera, and Page (1985) argued that the variable firm size can be used to illustrate the dividend pay ratio of the company. Their findings discussed that big companie s are more mature than small firms. This feature makes them enter the capital market easily and let to pay higher dividends. According to Marsh, (1982); Baskin, (1989), Chang and Rhee, (1990); Bennets and Donnelly, (1993); Charitou and Vafeas, (1998), big companies have better evaluation debt. The size of the company has a positive correlation with dividend payment. This positive relationship is studied by a lot of financial economists for example, Lloyd and Jahera (1985), Rhee (1990), Smith and Watts (1992), Gaver and Gaver (1993), Vogt (1994), Redding (1997), Adedeji (1998), Bradley, Capozza, and Seguin (1998), Holder et al. (1998), Fama and French (2001). Ho, H. (2003) study the dividend policy of Japan firms and Australia firms. Their result show that the firms size have a positive sign with dividend policy in Australia and liquidity has a positive sign with dividend policy in Japan. Recently, there are some papers in emerging markets investigate the factors affecting dividend policy. For instance, Al-Kuwari study the determinant of dividend policy in GCC, and his result reveal that companies pay more dividends when firma size is high. On the other hand, Naceur, Goaied, and Belanes (2006) in their study of study the dividend policy of 48 firms listed on the Tunisian Stock Exchange found that the firm size has a negative sign with dividend policy, Business risk: Business risk is a risk that affects the company when it has no enough cash flow to cover its obligations such as operating expenses. It is considered as one of the determinant of companies dividend policy and can play an important role to influence dividend payment. According to the results of Pruitt and Gitman (1991) risk is one of the factors that determine the dividend policy of the company. Furthermore, there is evidence of that risk can impact the dividend policy of the firms. This is provided by the study of Lintner (1956), Brav et al. (2005). When the business risk is high, the relationship between current and expected future profit will be uncertain. As a result, firms will avoid the obligation to pay high dividend. There are many studies reveal that companies which have high risk will pay low dividends to their shareholders because of the volatility of earnings. Some of these studies are conducted by Rozeff (1982), Lloyd et. al. (1985), 1993; Mohd et al., 1995, and Colins et. al. (1996). They apply in their study beta value of the firm as a proxy of the company business risk. This beta is expected to be negative with dividend payment. DSouza (1999) argues that there is a negative relationship between beta and dividend policy. In recent studies, Ling, Mutalip, Shahrin, and Othman (2007) test the dividend policy of Malaysian companies and they found that business risk has negative relationship with dividend yield and dividend payout ratio. Their result also show that firm risk influence the dividend policy of the firms. Al-Kuwari in his study of non financial firms of GCC argues that business risk is insignificant variable. In the case of Oman, Al-Yahyaee (2008) gave the same results as the above discussions and his result reveal that there is negative relationship between dividend payout and business risk. Profitability: This kind of variables that can affect dividend policy of the firm is considered as a primary factor of dividend payment because when firms have high profits, they tend to pay high dividend to their shareholder. Many financial economists such as Lintner (1956),Jensen et al (1992); Han et al (1999), Fama and French (2000), Adaoglu (2000), Pandey (2003) suggest that the companys profitability is an important indicator that affect dividend policy of the firm. Some of these papers argue that there is a positive relationship between profitability of the company and the dividend policy. This positive relationship is considered as an important prediction of the signaling theory of dividend policy. The positive sign means firms which have profits will pay dividend. In addition, Fama and French (2001) in his research pointed out that the positive relationship between the firms profitability and dividend payment is consistent with the pecking order theory. There are many studies reveal that in emerging market, the dividend payment is higher than that in developed markets. For example, the results of Glen et al. (1995) reveal that dividend payment is higher in developing countries. Furthermore, Aivazian, booth, and cleary (2003) found that in their study about emerging market and US firms, profitability in emerging markets has higher influence on dividend payout than in US companies. As discussed above similar findings were reported by Al-Kuwari (2007) for GCC firms, Al-Yahyaee (2008) for Omani firms, and Al- Najjar (2009) for Jordanian firms. To test the profitability of the dividend policy of the firm, the (ROE) measure was used. According to the above results, I expect to find a positive sign for the relationship between dividend payment and profitability. Leverage: Financial leverage is one of the main explanatory variables of firms dividend policy. The definition of this variable is that the long term debt to total asset. Firms that are highly leveraged and cannot make a payment on their debt will be faced risk of bankrupt. This fact may explain that firms with high debt may pay low dividend to their shareholders because they need to utilize their cash flow to pay their obligations. . On the other hand, Aivazian et al (2003) said that companies with low debt can pay and maintain their dividends. Financial leverage has a negative relationship with dividend payment. There are many studies appear to support this negative relationship. Rozeff (1982) results revealed that companies with high leverage prefer to pay low amount of dividends. Moreover, Crutchley and Hansen (1989) Jensen et al. (1992), Bradley et al. (1998), Faccio, Lang, and Young (2001) pointed out that financial leverage influence dividend payment in negative way. The recent studies also are in line with these findings. For instance, Kouki, Guizani (2009) in their study of the dividend policy of the Tunisian firms found that firms with high debt prefer to pay a little amount of dividend. the results of Al-Najjar (2009) shows that there is a negative relationship between leverage and dividend policy. Growth opportunities: The growth opportunity of the company is an important indicator that influences the operation of the distribution of dividends. When firms expect to have huge growth opportunities in their business, they will utilize the firms funds to finance the expansion. This may make the firms to pay lower amount of dividend to the shareholders. On the other hand, if companies know that the growth opportunities are low and the projects investment is small, they will distribute high cash dividend. These analyses propose that growth opportunities have a negative relationship with dividend payout. a lot of studies appeared to support this negative relationship such as, Higgins (1972), Rozeff(1982), Lloyd et al.(1985) and Collins et al (1996), Fama and French (2001), Ho, Lam, and Sami (2004), and Aivazian et al. (2006). They argue that firms with high growth opportunities are more likely to pay low dividends. However, LaPorta et al. (2000) show different results. He found that there is a positive relationship between growth opportunities and dividend payment in countries that have high shareholder protection, but negative relationship in countries that have low shareholder protection. Based on the above assumptions I expect to find a negative association between dividends growth opportunities. Sample Description and Data: The sample data of this dissertation includes 5 large non financial companies listed in the Muscat Securities Market. The annual reports of the firms were taken also from the website of the Muscat Securities Market to get information about shareholders. There are 125 listed companies in Muscat Securities Market as at 31 September 2010. The main listed companies in MSM are banking and investment, services and insurance, and industry. The sample in this research come from industry and service sectors such as telecommunications, oil, and manufacturing companies. The data is obtained by Share-Holding Guide of Muscat Securities Market companies. The data are cross sectional and time series which are collected from 2005 to 2009. As discussed in the previous section, the dividend payout ratio is the model of the dependent variable of the dividend policy. the explanatory variables of the suggested dividend policy are ownership structure, firm size, profitability, business risk, leverage, and growth opportunities. The primary idea was to test the dividend policy and the six hypotheses related to dividend policy of the 6 companies listed on Muscat Securities Market. I chose to use non financial firms rather than financial because the information is limited and the data is missed on financial firms. The dividend paying firms are those companies that paid dividend at least one time over the five years period of the study 2005 to 2009. This means that all the five companies I selected are dividend payment firms. Measurement of Variables: This section is based on the previous discussions to test the six hypotheses on dividend payout ratios of Omani firms. The study of the variables is based on average for the 2005 to 2009 periods to examine the influence on companys dividend policy. Moreover, the predicted sign for the variables are positive with dividend policy for ownership structure, profitability, and firms size, but negative for business risk, leverage, and growth opportunities. The estimations of the models are as follows: DIV = f (GOV, SIZE, GROW, LEV, BETA, PROF) Where DIV is the dividend payout ratio which is measured by: Dividends per Share / EPS. The dividend payout ratio show the percentage amount of dividend the company will tend to distribute to their shareholders. This ratio indicates that the earnings of the company support the dividend payout. If the dividend payout is high, the share will be attractive to the shareholders. It differs among firms and the fact that the majority of mature firms have higher dividend payout ratio. The model utilizes the percentage number of shares that owned by corporations investors especially the proportion of the government shares (GOV) in the firm to test the ownership structure to know if it can affect the dividend policy. This is used by many studies for example, Gugler (2003), and some recent studies like Al-Kuwari (2007) in her study about GCC countries. Profitability (PROF) ratio can be measured as return on asset and return on shareholder equity. Return on asset is calculated by net profit over total asset. PROF = net profit/total asset Return on equity (ROE) which I have used in this study is measured by net profit divided by shareholder equity. PROF = net profit/shareholder equity Many existing studies have used return on equity (ROE) as a proxy of profitability more than using return on asset. For example, Aivazian, booth, and cleary (2003), Al-Yahyaee (2008), and Al- Najjar (2009) utilize return on equity in their study about dividend policy. Firm size (SIZE) is measured by the natural log of the total assets. Total revenue is also used as a proxy of firm size for example, Holder et al. (1998) has been used the same proxy for this variable. The proxy of the business risk (BETA) is beta. This has been used by Rozeff (1982), Lloyd et. al. (1985), 1993; Mohd et al., 1995, Colins et. al. (1996), and DSouza (1999). Growth opportunities (GROW) is measured by market to book ratio. Market to book ratio is calculated by dividing book value over market value of the firm. This ratio is used to find identify the value of the firm. Market to book ratio = book value/ market value Leverage (LEV) ratio is defined as total debt over total equity. This ratio is used to test how can debt affect the dividend payment of the firm. LEV = total debt/ total equity The Tobit and random effects models: The liner regression model includes, fixed and random effect tobit model. It has been used by several studies to test dividend policy. It is a statistical technique that tries to determine the link between two or more variables: dependent and explanatory variables. The dependent variable selected is dividend payout ratio. The explanatory or independent variables that used in this research are ownership structure, profitability, firm size, leverage, business risk, and growth opportunities. In this study of Omani firms I have used tobit models to investigate the factors of the dividend paid. In addition, to get the results I utilize the random effect tobit model which is suitable for nonfinancial firms.

Twelfth Night: Summary :: essays research papers

Twelfth Night: Summary Act One scene one   Ã‚  Ã‚  Ã‚  Ã‚  This scene introduces us to the Duke, who is in love with a girl called Olivia. His servant goes to ask her wether or not she would like to go out with the Duke. The message back from her servant is that Olivia will not be seen in public for seven years because of the death of her brother. Scene Two   Ã‚  Ã‚  Ã‚  Ã‚  After a shipwreck, Viola finds herself of Illyria, a coastal town. She believes that her brother has been killed in the shipwreck, and that she will never get off this island. After learning about the Duke, she arranges with the captain of the ship to disguise herself and to serve the Duke. He may then fall in love with her. Scene Three   Ã‚  Ã‚  Ã‚  Ã‚   Sir Toby and Maria are talking to each other about Olivia's decision to morn for seven years. They are also talking about Sir Toby's drinking and friend, Sir Andrew, a foolish knight that has been brought to the castle as a suitor to Olivia. Sir Andrew says he is going to leave, but Sir Toby persuades him not to, as Olivia is not interested in the Duke. Maria leaves, and Andrew and Toby dance. Scene Four   Ã‚  Ã‚  Ã‚  Ã‚  Viola, already disguised as Cesario (she is referred to as Cesario instead of Viola throughout the play), has already became a servant to the Duke. Her first job is to try and persuade Olivia to go out with the Duke. Viola has fallen in love with the Duke. Scene Five   Ã‚  Ã‚  Ã‚  Ã‚  Maria and Feste the clown are talking when Olivia enters with Malvolio. She has a conversation with Feste, and he gets the better of her. Maria announces that a young ‘man' (Cesario) is here to see Olivia. She says that if he is from the Duke, she will not see him. Maria returns and says the young man will not take no for an answer, so Olivia meets him with Maria at her side. Cesario is very convincing about the Duke's love, but Olivia is not unstuck. She dismisses Cesario, and when by her self, shows that she is in love with ‘him'. She sends Malvolio with a ring Cesario apparently left behind, and said he should return tomorrow. Act Two Scene One   Ã‚  Ã‚  Ã‚  Ã‚  Sebastian, Violia's identical twin brother comes to shore after the shipwreck, saved by Antonio. He wants to be Sebastian's servant, but he says that he will make it to the Duke's court by himself. Scene Two   Ã‚  Ã‚  Ã‚  Ã‚  Malvolio runs after Cesario to give him the ring. He denies that he gave it to her, and so Malvolio puts it on the ground in front of him.

The Responsibility of Judicial Reviews

Thought out time judicial review's responsibility had been to ensure there is no conflate to the â€Å"supreme law of the land† (The constitution) and it's democratic values. In Order to make sure that the system does not get influence from the elected officials. Our founding fathers have deliberately put in place judicial review in to the system. But in turn the judicial review itself is not democratic. Because the nine â€Å"independent † black robe elites have bias, and can not be remove. A Supreme Court justice is appointed by the president and must be confirmed by the senate. When the President appoints a court justice he usually appointed someone who is highly educated and have a close ideology as he, because he wants to influence the courts. But soon after they are appointed they loss ties with any political influence. Because they're appointed for life. No matter how bad of job they are doing, they are protected by the constitution. And can only be impeach if they have commended high crimes such as treason and bribery. In our history only five federal court judges have ever been impeached. In order for the courts to judge the case without any favorites, there is no room for any bias. If the court have bias they well not be able to give a good interpretation of the constitution. Insested courts often give inference on the cases. And putting the case in there own perspective. During 1933-1937 the Roosevelt's presidency (D&Z chapter 13 Page 347) the courts still had a philosophy of rugged individualism. The courts thou out the national industrial recovery administration, railroad retirement act, national farm mortgage act, agricultural adjustment act, And denied the federal government the power to regulate manufacturing, petroleum, mining, agriculture, and labor conditions. Only after National labor relations board V. Jones & laughlin Steel Corporation. How can the court say one thing and does another? The court says, â€Å"no person in the country should be denied equal protection of the law†. That give the blacks the right to vote, to attend integrated schools, to receive equal justice in the courts, and give congress the power to protect blacks from discrimination in public accommodations, employment, voting, and housing. But in (D&Z page 348) â€Å"Dennis V, United States the courts permitted the prosecution of communists for merely â€Å"advocating† the overthrow of the government and in communist government party. U. S. A V. Subversive activities control board it upheld the right to require registration of â€Å"subversive† organizations. It permitted congressional committees to interrogate citizens about their political view and upheld loyalty oaths and loyalty-security programs How can people say that courts are always right? And above all they are unbiased? That can not be the truth. As human beings we all have ideas and bias because at a very young age we learned and developed bias from our parents and friends. Some say that you could change the bias and idea if you get an good education you'll be able to have a higher tolerate but education only could change you so much. As beings we could only tolerate so much. When in crises and the issues are against us, we'll thou tolerate out to the window and take some form of action to suppress the opponent. That applies to all the mass, the elites, and even the courts. Then how can judicial reviews be democratic? how did the outcome of the American civil war impact modern America? American had not all way been an industrialize nation or a major player in the international market. In fact prior to the civil war American was this back ward predominate cotton-growing base south with an emerging industrializing north-east and a west that is the land of free farmers. Having a Combination of capitalism and feudalism in the cotton-growing south, where there are the halves (master) and the have-nots (slaves). The slaves do not own anything and are commended to the masters. This system is similar to feudalism, where the lords and servants have a close tied with each other. The southerner justerful it by saying:† it is natural form of human society, beneficial both to the slave and the master. the emerging industrializing northeast had an ideology of a more democratic and capitalistic idea. Last, but not the lease, the west of the free, their ideology are very close to the industrializing northeast. The ending of the war gave the north the power to unite the union as a whole. Because of a rapid growth in the textile industry the north was in need of laborers. The demand for laborers has sprouted emerging of a middle class. This enables the slaves to have the mobility to move up on the social structure. We must give credit to the middle class. Because they were the ones that really wanted to have the up bond mobility. With the help of education they created technologic advancements. That had created a growing industry with importing and exporting of goods. With a rapid growth of the industries the union was in shortage of laborers, and never before had the union depend more on the free slaves. Many of the free slaves have migrated from the south to the northeast and west creating their own communities. In order for the west to move their goods to the northeast and south, a good and suffusion transportation system is needed. In many of the modern nation they all have one thing in common with each other. They have a effusion transportation system, if you're want to be a major player you must have an mean of moving your products in a fast effusion and cheap way. The out come of the civil war is a chain reaction. By having the north wining the war, it brought down the last of the feudal system to its keens. The nation evolves from capitalism and feudalism to liberalism. From the liberalism it is destine that we are going to be come an industrialize nation. Because the north have won and the north is an emerging industrializing north. From an emergent-fueled nation demanded more labors. The once that don't have job now have. The ones that did not have an opportunity to have a wage-earning job now do. It gives the next generation an education. From the demanded labors the economy have sprout an never before seen middle class. Because of the education and the opportunity it go technologic advancement. By have all though things in the new and reform government it give everyone mobility. The impact comes in differn forms shape and sizes.

The Stick-Built House (In Situ)

The Stick-Built House (In Situ) A stick-built home is a wooden framed house constructed on a building site piece by piece (or stick by stick). It describes the process or how a home is built. Manufactured, modular, and prefabricated homes are not classified as stick-built, because they are made mostly in the factory, transported to the site, and then assembled. A custom home and a home made according to stock building plans may both be stick-built, provided that they are constructed board-by-board on the land where they will remain. Stick-built describes the construction method and not the design. Other names for stick-built homes include site built, hard construction, and in situ. What Is In Situ? In situ is Latin for in place or in position. It can be pronounced a number of ways, including  in-SIT-oo, in-SITCH-oo, and most correctly in-SEYE-too. Because commercial architecture is not generally made out of sticks of wood, the Latin in situ is often used to describe a process of building commercial properties or, more often, producing construction materials on site. For example, in situ concrete means cast-in-place concrete. That is, the concrete is molded and cured (i.e., cast) on the construction site, as opposed to pre-cast concrete (e.g., columns or beams made in a factory and transported to the construction site). One of the green methods used for the London 2012 summer Olympic Games was to provide a batching plant onsite, a one-source supplier of low-carbon concrete for all of the builders of Olympic Park. Concrete was mixed and poured in situ. In situ construction methods are thought to be more environmentally friendly. The main reason behind this belief is reducing the harmful effects of transporting beam after beam and pier after pier. Pros and Cons of Stick-Built Homes A common perception is that stick-built homes are better constructed, last longer, and have a better resale value than prefabricated or modular homes. This perception may or may not be true. Comparisons depend on the quality of the manufactured product versus the workmanship of a builder or carpenter. The major advantage for the home builder is in control. The contractor is in command of the materials and how they are assembled. Likewise, home owners also have certain administrative rights as they can oversee the piece-by-piece construction of their investment when its built in situ. Disadvantages: Common perceptions against stick-built homes involve time and money - that is, stick-built homes take more time to build and they cost more than house pieces built off-site and simply assembled onsite. Competitors also claim that continuous construction traffic to and from the building site makes the stick-built process less than a green building environment. These perceptions may or may not be true. Pushback From Prefabricators Stick-building is a traditional method being challenged by the marketers of modular and prefabricated methods. American Custom Builders, an independent modular home builder in Defiance, Ohio, describes why a system of prefabrication is better than stick built for these reasons: Stick built home have no controlled environment like a factory does - building outdoors in humidity and water can damage wood and cause delays. They say: A stick builder cannot control the weather....Our homes are all built indoors under a temperature controlled environment.Frame carpenters can take short-cuts youll never know about. They say: With An All American Home they use jigs to make sure the walls are straight and square.Stick-built homes take three times longer to build than prefabricated homes. They say: When the house is delivered, we will have it up in aprox. 9 hours.Homes built off-site are less expensive. They say: Will match our prices against his, any day! In Situ Architecture In situ architecture is a structure designed for a particular place, a specific environment, and a known site. Stick-built houses may be constructed onsite, but that doesnt mean that the building was designed architecturally for that land. Portland, Oregon architect Jeff Stern seeks to create architecture that is site specific....to capture the experience of a particular place; how the sunlight falls, and the rise and fall of the land....maintain and create strong views, maximize daylight and natural ventilation, and generally create a place better than when we began. The name of his architectural firm is In Situ Architecture. Resources and Further Reading BOCA Built, American Custom Builders, americancustombuilder.com/bocabuilt.htm [accessed September 8, 2015]About In Situ Architecture, insituarchitecture.net/about/ [accessed September 8, 2015]

The 3 Turning Points essays

The 3 Turning Points essays Did the South have a chance to win the Civil War 1861-1865? In his book entitled Battle Cry of Freedom: The Civil War Era, author James M. McPherson believes that there were three major turning points that concluded a Union victory. 1. The Northern Victory at the Battle of Antietam/Sharpsburg in 1862. 2. Northern victories at Gettysburg and Vicksburg in July 1863. 3. The re-election of President Lincoln, 1864. Why was the Northern victory at Antietam/ Sharpsburg the first major turning point for the Norths victory of the Civil War? The North had struggled through the early part of the war without even coming close to a battle victory. The battle at Antietam/Sharpsburg wasnt actually a total victory, but it was a tactical draw, which neither side was clearly a winner. Yet, this tactical draw held positive consequences for the Union. The failure of Lees army to clearly win on Northern soil, prevented the CSA from gaining the much needed foreign support. This victory also gave President Lincoln the opportunity to present his Emancipation Proclamation. Lincoln presented his Proclamation in January 1863, to show that the Northern war objectives were to emancipate the slaves and reunify the Union. The Northern victories at Gettysburg and Vicksburg in July of 1863 proved to be another turning point of the war, which again favored the Union. Lees march into Pennsylvania was his second attempt to take parts of Northern soil. Lee was defeated at Gettysburg and turned tail back to Virginia. This was the CSAs last attempt to take Northern lands. After being defeated at Gettysburg and U. S. Grant taking Vicksburg, MS, the south now had a to fight a defensive war. These victories gave the North the much needed hope for winning and it was the beginning of the end for the CSA. With the Election of 1864 approaching the CSA felt that they had one last chance to ...

Ethnic Studies Essay Example | Topics and Well Written Essays - 250 words - 1

Ethnic Studies - Essay Example xed ancestry, she never hid the fact that she is black and none of this mattered to Bea as she still took Delilah in and treated Delilah and her daughter as family. The two even started a business and became wealthy. Bea functioned as the manager of the business where Delilah’s recipe is used to make the business successful. The two prospered and was able to overcome the racial divide which was prevalent during the time was shown in 1939. There is something however another angle in their relationship that tells how a black person relates to a white person during the 1930s. It has to be remembered that Bea did not discriminate or treated Delilah harshly even if she was black. Bea even treated Delilah as family to the point that they started a business. Despite this relatively equal treatment of Bea towards Delilah, Delilah was always subservient to Bea that Delilah still acts as Bea’s maid even if she is already wealthy from the business that Bea and Delilah started. This reflects the mindset of the black people during those times that they thought to be inferior or just servants to the white people. Of course it could also be interpreted as Delilah’s gratitude towards Bea but nonetheless, the film still reflects Delilah’s mindset of not thinking as Bea’s

See instructions Statistics Project Example | Topics and Well Written Essays - 500 words

See instructions - Statistics Project Example of interest in analyzing and strategizing on how to minimize the future occurrence of the occupational assaults and the impacts it has on the nursing staff. I was very keen on the previous findings in this study. In this article, the main aim was to add the prevalent data to the established literature and review other relevant articles in this field. The article is outstanding as it explores the issues that are related to the occupational health and the safety for the mental health nurses which is regarded as the occupational violence. In this appraisal study, research was carried out due to the recognition of the international nursing council about the increased violence in nursing. This was also supported by various studies in industries in Australia about the violence in the nursing industry that occurred on a weekly basis. From the report, the problem has become international as it affects all the nurses in the world. Furthermore, the study reveals that that violence in nursing is affected by several factors and other environmental factors. Thus, the study centered on demographics in the prevalence in relation to age, workplace, and gender as far as occupational violence is concerned. The article also centers on the perception of the staff in the management of occupational violence. In the article, ethical considerations were taken seriously as it was approved by the human research ethics committee. The study also involved a descriptive survey as it involved the nurses from both the psychiatric and the community based departments. The study was effective as it developed a questionnaire that was very comprehensive in its analysis. Finally, I would like to congratulate Mc Kinnon and cross for their analytical work in this article. Therefore, it is with gratitude that they may release another edition that focuses on nursing problems. McKinnon, B., Cross, W. (2008). Occupational violence and assault in mental health nursing: A scoping project for a Victorian