Corporate Social and Environmental Disclosure †MyAssignmenthelp

Question: Discuss about the Corporate Social and Environmental Disclosure. Answer: Introduction: According to the Chamber`s theory, it is an essential role of accounting to provide information about the entity`s capacity to adapt. The concept of `capacity to adapt`, is a technique or an accounting measure which is directly related to the liquid resources that would be received if an being or a business were to sell its assets. Costs incurred in selling would be subtracted from it (Deegan, 2013). In case all things are equal, the higher the market value of the company`s assets, the higher is its capacity to adapt to the changing situations. In simple terms, this means that the company would be able to utilize that money for some other purpose. In cases, where the company has a highly specialized asset such as a blast furnace, which does not have an available market are considered to have a low capacity to adapt. In case of a blast furnace, the asset has little or no market value, hence it has a minimum contribution to the organization`s capacity to adapt. The chamber`s theory suggests that a firm should value its assets at their current cash equivalents which is the amount that is expected to be received by the firm in case the asset is sold. With respect to the Contemporary accounting approach of asset valuation, the assets that cannot be sold separately, for example- goodwill would be deemed to have a zero value for the purpose of financial statement. The Chambers theory states that all assets should be determined on the same basis which is the resources(liquid) received in case they are sold, it is often argues that the values of all such assets should be added together (Setyorini Ishak, 2012). This concept contrasts with the common theory, which states that assets belonging to different classes have a different way of valuation, although a total sum of all assets is stated. This problem is often referred to as the `additivity problem`. The public interest theory runs on the assumption that the markets are highly fragile and they have the capability to operate in favour of an individual and that too inefficiently. It deems to ignore the interests of the society as a whole. Hence, in order to monitor such markets, it is believed that government intervention is critical (McCormick Tollison, 2012). The government tends to monitor and regulate the market in a way that makes them operate in favour of the society/`s interest. The resources are allocated effectively in his situation. Developed by Arthur Cecil Pigou, the public interest theory is an economic theory because regulations are critical as they are prepared to protect the interests of the society. Therefore, according to the public-interest theory, the decision of the Australian government with respect to the case study is incorrect, the private players tend to manipulate the system and hence it is important to implement regulations (Scherer, Palazzo Matten, 2014). Certain problems arise from this like the extent of regulation and the surety that the act is in favour of the public. The Capture theory designed by the political scientist, Hertog states that industries affected by the regulations often tend to manipulate it in order to suit their individual interests. In such a case, the regulation does not hold any importance as they are altered. Hence, over a given period, the regulations are useful for the interests of the concerned industries. Hence, the decision of the government with respect to this theory can be justified as with time, the regulations are manipulated and therefore, no regulations would serve the situation better. The economic interest group theory of regulation states that regulations are a set of rules laid down by the forces of demand and supply. One party stands on the supply said while the interest group is on the demand side (Berry Wilcox, 2015). Regulations according to this theory are developed by the industries and thus created in favour of the industry. This arises from the problem of public interest theory. Thus, it can be stated that, Australian government made the right choice behind implementing no regulations, as it would have had to balance the interests of different group, which would have led to conflicts. The bank unveiled this plan so that it could be viewed in positive light. The strategy could be because they owed a particular duty to the stakeholders to form such a strategy due to ethical responsibilities. They offer services which are crucial and necessary and thereby helping them to make huge profits, the interest rates tend to fluctuate between high and low levels thus to being wanted to gain a bad reputation, the bank unveiled the plan (Setyorini Ishak, 2012). This is based on the Positive Accounting Theory, which predicts how the groups interact with one another in an environment. In this case, ANZ, made a voluntary social disclosure to public to avoid the political costs imposed on them. In relation to the public interest theory of regulation, the government`s motives can be explained. These actions are based on the interest of the society rather than in favour of the interest of the politician (Moosa, 2015). On the other hand, however if the economic based theory of regulation is taken like the private interest theories of regulation, this would have deemed the politicians to take actions which served their own self interest and help them to get re-elected again. The statement is true that community concern would not be that large if the bank was not earning high amount of profits. Since banks are so profitable, customers tend to think why these profits are not passed down by reducing the fees or interest rates on loans. If the bank was incurring losses or not making adequate profits, then the customers would understand their reason behind the high fees charged (ANZ first-half profit up 6pc to $2.9 billion, 2017).However, the bank tends to argue that they want to maximize their gains for the stakeholders. The action of the banks will be depending upon various perspectives. If the government tends to take certain actions against the banks in order to win votes then the banks might adopt income reducing plans and strategies. This would help in decreasing the ability of the government to justify its actions (ANZ posts massive $3.4bn profit, 2017). In case the management of the bank does not think that the society or the government would act positively to reduced profits then the income reducing plans will not be adopted. In other cases, if the management believes that the need of the hour is to be objective then, they would manipulate the accounts and get desired results. Reference List: ANZ first-half profit up 6pc to $2.9 billion. (2017).ABC News. Retrieved 15 November 2017, from https://www.abc.net.au/news/2017-05-02/anz-first-half-profit-up-6-percent-to-$2.9-billion/8488400 ANZ posts massive $3.4bn profit. (2017).NewsComAu. Retrieved 15 November 2017, from https://www.news.com.au/finance/business/banking/anz-has-posted-a-massive-35-billion-halfyearly-profit-up-sharply-on-last-year/news-story/557ea3cf386a2cc7fdf393ab2e80f1e6 Berry, J. M., Wilcox, C. (2015).The interest group society. Routledge. Deegan, C. (2013).Financial accounting theory. McGraw-Hill Education Australia. McCormick, R. E., Tollison, R. D. (2012).Politicians, legislation, and the economy: An inquiry into the interest-group theory of government(Vol. 3). Springer Science Business Media. Moosa, I. A. (2015). Definition and Theories of Regulation. InGood Regulation, Bad Regulation(pp. 1-15). Palgrave Macmillan UK. Scherer, A. G., Palazzo, G., Matten, D. (2014). The business firm as a political actor: A new theory of the firm for a globalized world.Business Society,53(2), 143-156. Setyorini, C. T., Ishak, Z. (2012). Corporate social and environmental disclosure: A positive accounting theory view point.International Journal of Business and Social Science,3(9).

Movie Theater Persuasive Essay Essay Example

Movie Theater Persuasive Essay Paper Have you ever been to Harking Arcadia 8 lately? Well they are closing their doors. All of the kids around town Including myself are disappointed and want to keep the theater open. Kids love going to the theater after school and on the weekends. Not all kids can see new movies because It Is out of their way/area. It Is the cheapest theater we know. Kids always go to the theater after school and on the weekends. Imagine It Is after school, you have no homework, what are you supposed to do sit around and be bored? Kids love watching movies, especially new ones. Not every kid has a DVD player to watch DVDs. If they were to close the theater kids couldnt see movies unless they go out of their way. Some parents dont have a car to drive their kids to a different theater and Harking Arcadia 8 is in walking distance for a lot of people, if the only other theater is out of their way how do they get there? I know a lot of parents who dont want to take their kids to a movie theater far from their homes. Plus, not all parents want to go to the movie theater. Most kids I know can go to that theater buy a ticket and snacks on their allowance! We will write a custom essay sample on Movie Theater Persuasive Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Movie Theater Persuasive Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Movie Theater Persuasive Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Parents dont want to spend a lot of money on expensive theaters either. Since it is cheaper kids can see movies more often. I know that some people think The movies are Just like T. V. Why cant kids just stay home and watch T. V. For free? Well everybody likes to get out of the house kids dont like to be cramped up in the house all the time watching T. V. Again, all of the kids in town really want to keep the theater open. Kids can go their after school and on the weekends. They cant see movies if the theater is to far out of their way/area. Its the cheapest theater we know.

Lab Book Organic Chemisty Essays

Lab Book Organic Chemisty Essays Lab Book Organic Chemisty Essay Lab Book Organic Chemisty Essay By looking at the melting points for B E and comparing them to the literature ales, it is possible to narrow the structure of both unknown compounds down from the suggest compounds in the results section (1-(3-nutritional)ethanol) or 1-(4- nutritional)ethanol) for compound B and (1-(3-anopheles)ethanol or 1-(4- anopheles)ethanol) for compound E. Mean Melting Point co 107. 0 From comparison of the two data tables it can seen that Compound E has the same melting point as compound 6, which is 1-(4-anopheles)ethanol. However for compound B the mean melting point is close to both Compound 1 and Compound 4 so IR spectra are needed to correctly determine the structure of B. By comparing the IR spectrum for Compound B it can see that it is 1- (interruption)ethanol, this is indicated by the peak at 763. CACM-1 when compared against literature values for IR Spectroscopy shows a C-H bend in the Roth position of the phenyl ring, which points to the position of ethanol being on the 4th carbon. Looking back at the yields it can be see that there has been an error in the drying process for Benzedrine resulting in a very high yield of 206%. However this is most likely to only affect the yield result, and not the chemical structure of the synthesis. Conclusion Judging by the results from the IR spectra, Melting point determination and chemical successfully synthesized. Unknown compound E was identified as compound 6, 1-(4-Anopheles) ethanol.

Article two Essay Example | Topics and Well Written Essays - 250 words

Article two - Essay Example Engaging in corporate responsibility gives the company a better image and consumers will want to engage more in the products being offered ( Crane, 21). Social responsibility can take different forms, the most popular being committing funds or resources for important social aspects. An example is donating money towards funding a facility for the blind. Another form of social responsibility is producing goods and services that are in the best interest of the whole community such as environmental friendly products or use of safe manufacturing materials. According to (Crane, 79) the best form of corporate social responsibility should integrate the two forms mentioned above. Produce environmental friendly products and funding charitable activities. Conclusively, the benefits of social responsibility include easy government relations. Companies have a more positive outlook if they take social responsibility seriously. No problems or campaigns will be launched against such companies. It also benefits the public relations by shaping consumer image and acting as a branding tool. Last it provides a positive environment in the working place. The employees are more productive knowing that they are engaging with a company that cares about the society (crane,

Portfolio 2500 words Gymnastics-outdoor activities-Dance Essay

Portfolio 2500 words Gymnastics-outdoor activities-Dance - Essay Example This was a challenge for me, as it took both thought and action. But once I honed in on a plan, I was able to successfully and consistently do a cartwheel. I even had to make the cartwheel more difficult, by incorporating it into a routine and also training on a variety of terrains. Outdoor and Adventurous Activities embodies and expands upon my cartwheel example by using physical activity to promote learning, health, and a positive self-image. There are a variety of other resources that use dance to promote education, like a professional dance team, the American Dance Therapy Association, and the Interdisciplinary Learning Through Dance curriculum. Performing a cartwheel requires a certain level of strength, dexterity, and skill. It is seen as a basic tenant of gymnastics, the foundation for more complicated moves. Given the proper training, I think most people could perform a cartwheel. But receiving proper training is not always easy. The technique involved in performing a cartwhe el is not all obvious, so for a first timer it is often necessary to be under some instruction. Even for people who are able to do a cartwheel, being trained by someone more skilled can improve their form. Of course, not every can have a trainer at all times, so often we must depend on the information we can find ourselves to aid our cause. I wanted to look into a variety of ways to do cartwheels, so I found three different learning methods and tested them out. The first method, found on Cheerleading.about.com, was somewhat vague. The sum of the instructional part is, â€Å"stand in a lunge, knee bent slightly, arms up by your ears†¦reach forward with your right arm, kicking your left leg up†¦ the left hand should follow†¦ as it touches the ground, your right let should be off the ground also.† While there were some additional tips, the article concluded by saying the best way was to go to a gym and get professional help. While it seemed simple enough, I wasnâ €™t able to do a cartwheel with this resource’s instructions alone. This article lacked depth, and seemed more of a definition of a cartwheel than an explanation of how to do one. The next article I found on the subject, on the Robbins Sports Blog, was much more helpful. Rather than just explain doing a cartwheel as the limb movements, this article touched on the subtleties that make a cartwheel work. It establishes the lead foot and starting positioning, then tells you to â€Å"put your weight on your back foot and point your toes on your lead food. Rock back on your back leg; then lunge forward into your front foot. Your front leg will bend, but your body should form a straight line with your back leg, body, and arms.† I found this to be a much more descriptive instructional segment for the beginning of the cartwheel. The article then explains the continuation of process, including bringing your arms to the ground, turning your body, placing your hands on the gro und, and then pushing with your back leg to bring your body airborne. It even adds that a clean cartwheel should end with the body in the mirror image of the starting position. Even with the main description of the cartwheel explained, from starting position to what you should end up like, the article included additional tips. It suggested drawing a line on the ground to ensure you move in a straight line. It also added â€Å"your arms and legs should be completely extended.† One piece of additional advice I found especially

The Power of Words Essay Example for Free

The Power of Words Essay For those of you who like to create, you know that you are never fully satisfied with what you produce. Sure it may get the grade or suffice for what you planned to accomplish, but the thoughts circling what you could have done differently or ways you could improve can grow in the back of your mind. Maybe after investing great measures of effort and time, you are Done  by the time you’re done; don’t want to think about it, just want to move on. But maybe you go back, and go back, and go back, and can’t stop dwelling on things you could do or change to make whatever you made/produced/created manifest the ideas in your mind in a more accurate way. Well, that is how I feel about what I write. Since coming home for the summer, I’ve revisited old papers and essays for further refinement and fine tweaking just because I think it’s fun (and because I’m a perfectionist, whoops). So some of the essays I post are more loved and tended to than others, but today I am posting the first essay I wrote for the Nonfiction Writing class I took this past spring at KU. It’s come a long way since then, and I’m certain I will pay it a visit again in a few weeks or months and mix things around yet again. One day I love it and am happy with the progress I’ve made, and another day I am frustrated by my inability to express exactly what I want how I want. But that’s just the way it is, I suppose! so all that to say, here are some thoughts on the power of words, which just so happens to be the clever title of my essay. Boom. Feedback welcome! The Power of Words The tongue has the power of life and death, and those who love it will eat its fruit. -Proverbs 18:21 Long before I began, words existed. Even in my infancy, I babbled indistinct jargon to empty air. As a toddler, my parents spoke to me and urged me onward as I struggled to coerce meaning into form. With great exertion, I studied the shape of their mouths and attempted to recreate the sounds myself. Through practice, frustration, and failure, I learned words. But after nearly two decades of befriending new words, there are still words left unlearnt. Each new introduction excites, confounds, and embarrasses me all in one breath. When I shy away, they beckon me to understand. Thankfully, the words are gracious to those who delight in their discovery. I live to encounter them; to be empowered by them. However, I have failed to remember this until just now, and this fresh remembrance peels the scab of a wound I’ve left untreated for far too long. No amount of stitches could seal up this wound. My hands wrung together, willing the searing fire to subside, willing to forget the sting of the blade. But the penetration of a double-edged sword permits no man to walk away unscathed. I am no exception. The memory of my injury echoed and swelled in my mind, piercing me deeper and fiercer with each remembrance. Any compliment offered to me was like putting a cold compress on the head of a patient in need of heart surgery: a kind gesture, but naive at best. No earthly remedy can heal the wound caused by a rash remark, a reckless word, a biting tongue. The words reverberated, transcending both time and space, tossing a pinch of salt into the festering puss with each visit. In one blazing breath, the levee was breached. Insecurities gushed forth from moments past to moments present. The words washed over me again and again and again, throbbing to the rhythm of a familiar pulse. Worthless. Ugly. Insufficient. Outcast. The faces of the ones who introduced me to these words flooded my mind. The playground bully, the jealous friend, the past love interest, the inconsiderate classmate – one by one, their faces appeared and circled around me, each breathing their own kind of fire. They etched their scorching words onto my memory and my heart. Each recollection brought a new wave of hurt. Their flames engulfed me and I stood defenseless. Perhaps these dragons were right about me. Perhaps I was what they said. My knees began to buckle beneath the weight of some sort of self-hatred or bitterness. But just before I collapsed to the cold kitchen tile, my mother’s arms encircled me from behind and secured me in an embrace. Her hushed whispers traveled through my ear into my aching sides, tenderly dressing my wounds with honey. Gentle reassurances momentarily cooled the scorching fire which ravaged my thoughts. My mother’s sweet lips massaged my burns as nourishing balm. Maybe I wasn’t as worthless as they said. Though words have destroyed me, they have also restored me. But sometimes my scars whisper to me in the middle of the night, reminding me, ushering me into the dragons’ lair where I am taunted by each rash remark, reckless word, or biting tongue that has ever wounded me. Even as a child, I understood the weight of words and the value in speaking responsibly. I remember shutting the door of my fourth-grade classroom, double-taking to ensure no one was watching, and skipping along the empty hallway in search of the nearest drinking fountain. My eyes danced until they rested upon the rusted spigot. Suddenly, my innocent skip-to-my-lou developed into a nutcracker’s march. I swung my arms and stomped my feet to the beat of a distant war drum, stifling giggles at my own theatrical display. I was hilarious, giddy, free. At last I lowered my lips, gently twisted the nozzle, and felt the cool water trickle down the back of my throat. After several gulps, I straightened my back and my eyes zeroed in on a laminated poster taped to the wall. It portrayed a crying girl with her back turned from a group of laughing schoolchildren. My heart sunk as I read, â€Å"Sticks and stones may break my bones but words can never hurt me.† What a lie, I thought. Why else would the girl be crying if she was not hurt? Who wrote this? Though I stomped back to my classroom, it was not a giddy stomp as before. I felt indignant at the injustice done to the crying girl in the poster. Even as a fourth grader, I knew words were far more powerful weapons than measly sticks and pebbles. I suddenly wished I was Mary Poppins and could leap inside the poster and watch the clip-art scene come to life. I would parade right towards the menacing pack of bullying children, stand on my tippiest-toes, and wag my finger in their mocking face. How could they not see the hurt they caused, the damage they’d done? The artist of this poster flippantly dismissed the girl’s hurt – dismissed my hurt. Obviously, he has never entered the dragon’s lair; or perhaps, he has but is simply trying to forget. Perhaps he hopes that denying his injuries will ease the pain they bring. The very thought caused my own scars to burn. Rage pulsed through my body as I thought of the daggers digging deeper into the crying girl’s subconscious – into my subconscious. Feeble. Pathetic. Weak. I could see the fire on the bullying children’s breath as their words melted into her ears. Though pressed down upon on all sides, her dragons bid her to stand strong as they prodded her with white-hot prongs and secured their perpetual mark. I’ll bet her scars whisper to her at night, too. To dismiss a reckless remark is to remove responsibility. This flippancy severs the cord of accountability between speaker and speech. As the mediums of our messages transitioned from slabs of stone to paper to screen, the weight of a word lost its wonder. Consider the scribe. He pauses – an ancient practice – before dipping his pen into his jar of thick, black ink. Fully aware of the repercussions of an error, he painstakingly paints each stroke with precision. He lives in an age unacquainted with a backspace key and where few can afford the price of an error. But today, a text message mindlessly tapped out is just as soon deleted. Even this sentence was reconsidered, revisited, and revised. Our ability to communicate no longer springs from our dexterity of thought but the agility of our thumbs. Our words are no longer preserved in a weighty stone tablet. Instead, they are typed, deleted, and retyped – in a two pound, portable tablet – then launched into cyberspace to be received and deleted from an already cluttered inbox. But why not? We are entitled. We have rights. Does not every tweeted and retweeted thought deserve merit merely in its right to be said? Is it politically correct to correct a politically incorrect statement? I never can tell. Our cry for the freedom of speech made passage for the freedom from speech and the careful tending that should accompany it. Our tongues run rampant – never checked nor balanced. We demand our right to speak, but our flapping mouths pay no heed to how we speak. Because an error or offensive slip of the tongue incurs only minimal – if any – cost, our words are many and close between. I fear I also am the rambling type. The filter between my head and my mouth is shorter than I’d like to admit. Sometimes I wonder if I even have a filter or if it got lost somewhere long ago in some prattling speech. Maybe I forgot I have one and, thus, never use it. In any case, I discover amusement in meandering the trail of my own thoughts and relaying my journey to others. I have never suffered from a scarcity of words. On the contrary, I am their abuser. I am apt to respond when spoken to and likely to speak until stopped. But the scribe towers over me, soliciting silence. â€Å"If you love the words, you will treasure them,† he cries. When words are many, error is not absent. Even a fool who holds his tongue seems wise for he at least holds the appearance of revering the sanctity of a word well said. Sticks and stones may break your bones, but words wield the power of life and death. One flippant remark on how one should eat cake turned nation against queen and then off came her head. By the power invested in one man’s announcement, two lives are joined and beget more life still. On the twenty-second day of September, in the year of our Lord one thousand eight hundred and sixty-two, a bearded, honest man issued a proclamation declaring that all persons held as slaves would be then, thenceforward, and forever free. A deceitful dictator once told a big enough lie so frequently that his followers ran camps where with the aim of teaching the world to decipher beauty in piles of misshapen bodies. When Sophie Scholl spoke out against that lie and called German youth to cast off their cloaks of indifference, the dictator silenced her once and for all. By the word of a King, a dream stretched over the expanse of history and cried for the equality of the emancipated. By the word of the King, dry bones rose from the grave and walked out of their tombs. The Word from the very beginning sighed that it was finished and up from the deep the dragon prince relinquished his keys. With reverence comes escape. At some point or another, I began to regard the words as my slaves. I made them toil on my behalf. Beneath my whip, they labored without rest. Though they were exhausted, I trafficked them through the night and forgot to feed them breakfast in the morning. I believed their usefulness to me fulfilled their purpose. I considered them as nothing more than a spoken sound, a written conglomeration of lines and curves and dots, existing only to serve me – the â€Å"autonomous† man, the benefactor – and my appetites. But today I realized I will soon be dead – be it in sixty years or in the morning – and the words will live on without me just as they did before me for the word and the Word cannot die.

The Influence of Shakespeare :: essays research papers

Across the universe of time: Shakespeare’s influence on 21st century society. It is harder to imagine a more universal writer than William Shakespeare. Rarely if ever is one of his many plays not being performed somewhere in the world and similarly rare is the tertiary English student who has not examined his work at length. His plays, sonnets and poems are common fodder for high school English departments across the globe. Shakespeare has perhaps contributed the most to the English language of any writer known to man – literally. Over 1000 words and phrases that he coined as part of his plays and prose are now in common use across the globe. He changed nouns into verbs, verbs into adjectives, added on previously unheard-of prefixes and suffixes and in some cases made words out of nothing. Even culturally sensitive words such as ‘ode’ (The ANZACS) and scientific jargon (‘epileptic’) are in fact products of Shakespeare. Bernard Levin probably summed this up best when he wrote: â€Å"If you cannot understand my argument, and declare "It's Greek to me", you are quoting Shakespeare; if you claim to be more sinned against than sinning, you are quoting Shakespeare; if you recall your salad days, you are quoting Shakespeare; if you act more in sorrow than in anger, if your wish is father to the thought, if your lost property has vanished into thin air, you are quotin g Shakespeare; if you have ever refused to budge an inch or suffered from green-eyed jealousy, if you have played fast and loose, if you have been tongue-tied, a tower of strength, hoodwinked or in a pickle†¦ had short shrift, cold comfort or too much of a good thing, †¦ - why, be that as it may, the more fool you, for it is a foregone conclusion that you are (as good luck would have it) quoting Shakespeare;†¦Ã¢â‚¬  (Bernard Levin. From The Story of English. Robert McCrum, William Cran and Robert MacNeil. Viking: 1986). Shakespeare’s influence continues even in the world of film, not invented until several hundreds of years after his death in 1616. As well as the inevitable BBC remakes of most of his plays, newer adaptation such as Kenneth Branagh’s ‘Much Ado About Nothing’ (starring Keanu Reeves and Denzel Washington) and Baz Luhrmann’s ‘Romeo and Juliet’ (featuring Claire Danes and Leonardo DiCaprio) have met critical acclaim and can be credited with bringing Shakespeare to a new generation not inclined to visiting theatres.