FedEx Company

External environment and capabilities One of the factors affecting the external environment at FedEx is the current socio-cultural environment in its target markets. The socio-cultural environment consists of cultural elements like the values shared by the clients and the laws governing ethics for the company. The elements also include technology, and the aesthetics held paramount by the society in relation to the conduct of business with the company.Advertising We will write a custom case study sample on FedEx Company specifically for you for only $16.05 $11/page Learn More Social elements include client organizations, business groups and their partnerships with the company, and the social status of its clients. Over the past several years, the most influential socio-cultural issue in the company has been technology development. While the use of technology has increased over the past several years, only the younger generation has taken up the use of tec hnological devices actively. The older generation is yet to come to terms with the use of technology (Mc Namara, 2011). This element has affected the business processes at FedEx because the company has to develop strategies that satisfy the needs of the different generations of people it serves. Each generation has its specific needs, and this has affected the company in the marketing segment. Technology provides an opportunity for the company to enhance its market share by luring higher clientele from the younger generation. It also poses a threat to the company because a shift to the use of technology exclusively would result in a huge loss of clients from the older generation. The recommended strategy to solve this issue is for the company to stick to its traditional marketing strategies while targeting the clients from the older generation, and to use technology to lure more clients from the younger generation. The company should focus on maintaining its current market share whi le using technology to target new clients to increase its profitability (Grant, 2010). Internal environment Substitutes are part of the aspects that comprise the internal environment at FedEx. The company has been in the market for quite a long time, and it has established a very strong brand in the industry. The threat of new entrants in the business has always been low because of the operational costs of the business. It is apparent that as more companies engage in diversified business strategies, there is a possibility that some companies may venture into the business. Current rivals to the company also pose high threats in luring its customers to use their services through competitive prices (Berger, 2011). The advancement in technology, especially the fast growth in the use of the internet is a very great force affecting FedEx.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The a bility for clients to use their technological gadgets for faster communication has seen a decline in the demand for some services offered by the company. The internet has provided its clients with a faster and more convenient way to send messages and to access information, leaving FedEx in a disadvantaged position. While this threat is all too real for the company, FedEx has developed a new platform that allows its clients to send their electronic documents through its website (Chen et al., 2004). This strategy has helped the company to maintain its younger clients, and to help the clients from the older generation to transition into the use of technology. FedEx should continue to embrace technology in its service delivery to maintain the competitive nature of its brand because the world is shifting to the use of technology in service delivery (The Internal Environment, 2014). The company should also look into developing more channels for its clients to send and retrieve messages wh ile maintaining loyalty to the company. References Berger, A. (2011). Case Study A FedEx Corporation. Munich: GRIN Verlag. Chen, C., Duong, L., Yang, H., Susanty, M., Vellandi, M., Betro, A. (2004). FedEx Corporation: Strategic Audit. Web. Grant, R. M. (2010). Contemporary Strategy Analysis. New Jersey: John Wiley Sons. Mc Namara, F. K. (2011). FedEx Stakeholder Analysis. Web.Advertising We will write a custom case study sample on FedEx Company specifically for you for only $16.05 $11/page Learn More The Internal Environment: Resource, Capabilities, and Core Competencies. (2014). Web. This case study on FedEx Company was written and submitted by user Cruz U. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

American Indian Wars Essays - Red Clouds War, American Old West

American Indian Wars Essays - Red Clouds War, American Old West American Indian Wars American Indian Wars There is perhaps a tendency to view the record of the military in terms of conflict, that may be why the U.S. Armys operational experience in the quarter century following the Civil War became known as the Indian wars. Previous struggles with the Indian, dating back to colonial times, had been limited. There was a period where the Indian could withdraw or be pushed into vast reaches of uninhabited and as yet unwanted territory in the west. By 1865 the safety valve was fast disappearing. As the Civil War was closed, white Americans in greater numbers and with greater energy than before resumed the quest for land, gold, commerce, and adventure that had been largely interrupted by the war. The besieged red man, with white civilization pressing in and a main source of livelihood, the buffalo, threatened with extinction, was faced with a fundamental choice: surrender or fight. Many chose to fight, and over the next 25 years the struggle ranged over the plains, mountains, and the deserts o f the American West. These guerrilla wars were characterized by skirmishes, pursuits, raids, massacres, expeditions, battles, and campaigns of varying size and intensity. In 1865, there was a least 15 million buffalo, ten years later, fewer than a thousand remained. The army and the Bureau of Indian Affairs went along with and even encouraged the slaughter of the animals. By destroying the buffalo herds, the whites were destroying the Indians main source of food and supplies. The only thing the Indians could do was fight to preserve their way of life. There was constant fighting among the Indian and whites as the Indians fought to keep their civilization. Indian often retaliated against the whites for earlier attacks that whites had imposed on them. They often attacked wagon trains, stage coaches, and isolated ranches. When the army became more involved in the fighting, the Indians started to focus on the white soldiers. In 1862, when the north and south were locked in Civil War, Minnesota felt the fury of an even more fundamental internal conflict. The Santees, an eastern branch of the Sioux Nation, having endured ten years of traumatic change on the upper Minnesota River, launched the first great attack in the Indian wars. Eleven years earlier the tribe had sold 24 million acres of hunting ground for a lump sum of $1,665,000 and the promise of future cash annuities. The Santees culture was not only disrupted, the Sioux gradually found themselves dependent on trade goods, which made them easy prey for the white merchants. The merchant would give them credit and collect directly from the government. The Indians saw little of the annuities for which they had sold their birthright. Their anger finally reached the flash point when, following a winter of near starvation, the annual payment failed to arrive on time. Bursting from their reservation, they killed more than 450 settlers in the region before they were defeated by a hastily assembled group of raw recruits led by Colonel Henry Sibley. Later the killing of the white settlers was described as the most fearful Indian massacre in history. Four weeks after the rampage began, 2,000 Indian men, women and children surrendered, 392 prisoners were quickly tried and 307 sentenced to death. Sibley favored execution at once. But Bishop Whipple of Minnesota went to Washington to plead for clemency. After a long appraisal President Lincoln commuted most of the sentences except for the proven rapists and murderers. On the day after Christmas 1862, 38 Sioux warriors were brought to a specially built gallows and hanged at the same time. Three of the leaders of the massacre had gotten away. Shakopee and Medicine Bottle had escaped to Canada, they were kidnapped back into the U.S. and were duly executed. Little Crow went to North Dakota and returned to Mi nnesota the following summer and was shot by a farmer while picking berries. Red Cloud was beginning to emerge as a major leader in 1863, when settlers and miners began to pour over a new road called the Powder River Trail, or the Bozeman Trail after the scout who blazed it. This road was to connect Fort Laramie, Wyoming, to the new mining

College students should have complete freedom to choose their own Essay

College students should have complete freedom to choose their own courses and create their own curriculums - Essay Example (Robertson & Smith, 1999, p.69) As the system functions today, college students are forced to conform to an educational model that was not designed in their interests. In other words, the existing educational system serves to indoctrinate young minds into obedient servants of the established social order. At the top of the social pyramid are the business and political elites, whose interests are reflected in the design of curricula. Hence, though it might lead to radical social upheavals, allowing greater freedom of choice within college campuses is the right way to go. Let us look at the rationale offered by those against freedom of choice in curricula and identify flaws in their arguments. A prominent advocate for less academic freedom was the sociologist Mortimer Adler, who stated that, left to their own choices, some students â€Å"will ‘downgrade’ their own education; therefore, adults should control these crucial choices so that such downgrading does not occur.† (Noddings, 2006, p.285) This fear is overstated, for college authorities can devise ways of ensuring that certain basic standards are met. Moreover, by what criteria are courses judged good and bad? In other words, the notion of ‘downgrading’ is very subjective. As John Dewey noted in his lectures, â€Å"a course in cooking, well planned and well executed, can induce critical thinking, increase cultural literacy, and provide valuable skills - it can be a "good" course. In contrast, a course in algebra may discourage critical thinking, add nothing to cultural literacy, and lead students to despair of acquiring useful skills - it can be a "bad" course.† (Noddings, 2006, p.285) Considering that John Dewey was the most influential educationist of last century, his views have to be heeded to. The essence of Dewey’s argument is that by there is more merit than what is apparent in courses such as

Describe three controversies that led to the distinctions between Essay

Describe three controversies that led to the distinctions between Orthodox and Western Christianity - Essay Example On the other hand, the bishop of Rome governed the western group implying its administration was under a single bishop. As a result, basic theological differences emerged between the eastern and the western Christians (Vidmar 47). Separation between the Roman Catholic Church rather the western Christianity and the Eastern Orthodox Christianity was primarily based on deviation by Rome from the seven ecumenical councils’ original conclusions. This included the universal papal supremacy claim. Similarly, â€Å"Filoque controversy† is noted as another contributing factor to the difference between the two religions. The insertion of the phrase into the Nicene Creed changed the implication of the Holy Spirit source. Rather than in the usual perception of its origin from the Father, the â€Å"Filogue† which meant from the son, changed the Creed to imply both the Father and the Son were the source of the Holy Spirit. Despite the western emphasis of Christ’s divinity, the Orthodox Christians were against the alterations and the emerging meaning after the insertion. According to the Eastern Christians, the Father defines the origin of both the Son and the Holy Spirit (Ware 56). The concept of â€Å"Sola Scripture† is another area that distinguishes the western Christianity from the Orthodox. According to the western Christians, the â€Å"Scripture alone† rather the â€Å"Sola Scripture† claim that God’s word can be clearly comprehended and construed by an individual believer. Therefore, it is sufficient to be defined as the final authority under the western Christianity; however, the Orthodox posits that the Holy Scripture in the Holy tradition are of equal importance and value. Their definition of the Holy Scripture stems from the definition and interpretation affirmed in the first seven ecumenical council’s teachings by the church. In addition, the difference in theological approaches explains the distinction that exists between the Western Christianity and

Systems Theory and Small Group Communication Essay

Systems Theory and Small Group Communication - Essay Example As the paper discusses  the changing of one part of the system will lead o the change of the entire system because they are interdependent. For instance, one family member who is dysfunctional will affect the entire nuclear family. If one family member has issues with drug abuse or passes away, the rest of the entire family will be impacted. The subsystems and individual family members who comprise of the family system are mutually dependent and influenced upon one another.This discussion highlights that the concept of synergy in the family system occurs where the performance of the entire system collectively will exceed expectations based on the individual ability of each family member. According to the family systems theory, a family will accomplish more by interacting together rather than each member working alone. For example, when the family members work together to improve their financial status, they will easily achieve the common goal as a unit. It is because of the deep di versity that exists among the family members such as the differences in task skills that include abilities, values, perspectives and problem-solving strategies. Negative synergy will also occur where the family members working together will produce a worse result on the basis of the perceived unconstructive abilities and skills of the members.  The systems theory argues that a small or a minimum group size is the best needed group size so as to complete tasks because when the group is too large, problems develop.

Corporate governance and firm performance

Corporate governance and firm performance Introduction Corporate governance is concerned with the process and structures through which members interested in the overall well being of the firm take measures to protect the interests of the stakeholders. (Ehikioya, 2009). Corporate governance generally refers to the external rules and regulations and internal system that are designed to minimize agency problem and is the system by which companies are directed and controlled (Cadbury 1992, Cited in Lam and Lee, 2008) Good Corporate governance is centered on the principles of accountability, transparency, fairness and responsibility in the management of the firm. (Ehikioya, 2009). Accountability comes from both within and outside the company. Responsible management works entirely in the interests of the owners. Board composition plays an important role in keeping the company transparent in its affairs. Board structure is important to keep the interests of management and owners aligned (Byrnes et 2003, cited in Ehikioya, 2009). The institution of corporate governance in a firm is an attempt to ensure the separation of ownership and control, and this often results in Principal-Agent problems (Byrnes et 2003, cited in Ehikioya, 2009). Managers always have incentives to misuse a firms assets by undertaking projects that benefit themselves more personally but its impact on shareholder wealth works adversely (Jensen and Meckling, 1976; Fama and Jensen, 1983; cited in Brown and Caylor, 2004) and same goes with (Shleifer and Vishny, 1997) Researchers have mixed opinion in Principal-Agent problem. According to (Jensen and Mecklings 1976 cited in Lia,Wang and Deng, 2009) managerial agency costs always increase with the separation of ownership and management. Managers, as the agents of shareholders, are inclined to waste the corporate resources to satisfy their exploitative purposes. In contrast, stewardship theorists counter-argue that managers are inherently trustworthy and are good stewards of company resource (Donaldson, 1990 cited in Lam and Lee, 2008). Central to the boards effectiveness is the question of board structure (size and independence). In addition to board size, board independence should also have an impact on firm value and performance. Inside directors provide firm and project specific knowledge that assists the board in understanding the detailed aspects of the firms business. In contrast, outside (or independent) directors contribute expertise and objectivity that ostensibly mitigates managerial entrenchment and expropriation of firm resources (Bhagat and Black, 2002). The governance literature generally suggests that as boards become increasingly independent of managers, their monitoring effectiveness increases thereby decreasing managerial opportunism and enhancing firm performance. (Harforda, Mansib, and Maxwellc, 2006). Gov-Score is used in different researches to assess the governance and firm performance has been used with 51 factors (Brown and Caylor, 2004) or less i.e. 37 (Nishat and Shaheeen, 2005). This paper will use the GOV-SCORE with 38 factors and including new factor i.e. more than one family member on board The paper proceeds as follows: Section II is the Literature review, Section III will discuss rationale of study, Section IV will include theoretical framework, Section V hypotheses development and theoretical background, Section VI data and methodology, Section VII sample, instrument and structure of instrument, Section VIII Work cited and then Appendix. Literature Review: Corporate governance is the process and structure through which a firms business and affairs are managed by enhancing business prosperity and corporate accountability with the ultimate objective of enhancing shareholders wealth (Mir and Nishat, 2004). A well defined and functioning corporate system helps a firm to attract investment, raise funds, and strengthen the foundation for firm performance and good corporate governance shields a firm from vulnerability to future financial distress (Ehikioya, 2009). Effective corporate governance minimizes control rights of stockholders and their creditors to give on managers and increasing the probability that managers should invest in positive net present value projects for the firm gain (Shleifer and Vishny, 1997). Prior studies have predominantly focused on US companies, while those are related to Asian countries are rather few (Kiel and Nicholson, 2003 Cited in Lam and Lee, 2008). The notion that corporate governance affects positively corporate performance is based on the fact that management in shareholder-friendly firms, in making corporate decisions, do what shareholders themselves would have done, had they been in charge of corporate decisions ( Kanellos and George, 2007). It was found (Ehikioya, 2009) that where the CEO also acted as chairperson and more than one family member had a place on the board of directors this had an adverse effect on firm performance. Corporations can be said like a republic. The major and highest level of authority is stockholder (Owners). These voters have the right to vote and elect their representatives which serve as directors, who delegate their most of their power to bureaucrats (managers). As in any form of government (republic), the real power-sharing depends upon the set of rules called governance. On one extreme, which is inclined toward a democracy, have little power for management and enable stockholders to immediately and easily replace directors of the company. On the other hand, it is vice versa to the democracy (Gomper, Ishii, Metrick, 2003). CEO duality is another concern in corporate governance. In USA 70-80% of them combined the roles of CEO and Chairperson. (Rechner and Dalton, 1991; Rhoades et al, 2001, Cited in Lam and Lee, 2008). However the prevalent corporate governance practice in Europe separates the CEO and chairperson (Coles et al 2001; Higgs, 2003; Zardkhoohi, 2005, Cited in Lam and Lee, 2008). This Duality position places CEO in powerful position of managing the operations of the firm and also overseeing the direction the firm will take into the future (Petra and Dorata, 2008). It is often alleged that boards of directors are more independent as the proportion of their outside director increases (Jhon and Senbet 1998, Cited in Brown and Caylor, 2004). Strong positive relationship between the portion of independent directors on the board and profitability ratios in continental Europe countries (Krivogorsky 2006, Cited in Li, Wand and Deng, 2008). A higher proportion of the independent directors may lead to lower probability of financial distress (Li, Wang, Deng, 2008). However, there is no relation between the proportion of outsider directors and various performance measures (i.e., SGA expenses, sales, number of employees, and return on equity) (Fosberg 1989, Cited in BRown and Caylor, 2004). and (Bhagat and Black, 2002) find no linkage between the proportion of outside director and Tobins Q, ROE, asset turnover and stock returns. Thus the relationship between the proportion of outside directors, a proxy for board independence, and firm performance is mixed (Brown and Caylor, 2004). Researchers (Gomper, Ishii, Metrick, 2003) and (Bebchuk, Cohen, Ferrell, 2004) showed in their studies that with stronger stockholder rights have higher Tobins Q, their proxy for firm value, suggesting that better-governed firms are more valuable our second measure of firm performance. Most of the empirical work for exploring possible relationship between corporate governance and firm performance is done for single jurisdiction. For US Firms a broad measure of Corporate Governance Gov-Score is prepared by (Brown and Caylor, 2004)with 51 factors, 8 sub categories for 2327 firms based on dataset of Institutional Shareholder Service (ISS). Their findings indicate that better governed firms are relatively more profitable, more valuable and pay more cash to their shareholders. (Gomper, Ishii, Metrick, 2003) Earlier (Mir and Nishat, 2004) empirically tested the relationship between the structure of corporate governance and firm performance in Pakistan, and (Nishat and Shaheeen, 2005). Mir and Nishats study included a different set of performance parameters which include ROE, net profit margin, sales growth, Tobins Q and dividend yield. Moreover (Mir and Nishat, 2004) used secondary data from the annual statements. While (Nishat and Shaheeen, 2005) study was based on secondary as well as on primary survey of different companies listed with Karachi Stock Exchange (KSE). This study is different to (Nishat and Shaheeen, 2005) as it extends the GOV-Score factor to 38 by adding the More than family members on the board to (Nishat and Shaheeen, 2005)s study which was 37 factors. Rationale: As the global debate on corporate governance heats, the importance of this topic to any country-particularly any developing country-cannot be ignored. Being one of the important countries of South Asia, with immense trading potential and ideal geopolitical location, Pakistan has proactively pursued various policy reforms to stimulate its economic activity, in recent years (Mehwish Mumtaz, 2005). Pakistan stock market is one of the leading emerging markets in the world. It has gone through series of reforms and structural changes since 1991 (Nishat and Shaheeen, 2005). Financial reforms during 1990s have influenced the pattern of capital structure, dividend policy and compliances to corporate governance (Nishat, 1999 Cited in Nishat and Shaheen, 2005). Better Corporate Governance is supposed to lead to better corporate performance by preventing expropriation of controlling shareholder and ensuring better decision-making (Nishat and Shaheeen, 2005), (Shleifer and Vishny, 1997). Most of the research in the area of corporate governance is done for developed economies, as rich data is only available for these economies where active market for corporate control exists and the ownership concentration is low (Bohren and Odegaard 2001, Cited in Shaheen and Nishat, 2005). This study will fill the gap by analyzing the relationship between corporate governance and firm performance for the firms as previous studies lack a factor in GOV-SCORE i.e. more than one family member on board while measuring level of governance. As this variable was found very first time by Benjamin Ehikioya as in his study (Ehikioya, 2009). Theoretical Framework: Hypotheses and Theoretical Background: According to above mentioned literature following hypotheses are formed. H1: Better-governed firms have better operating performance Better and effective corporate governance minimizes the control rights of both stockholders and creditors confer on managers which increases the probability that managers will invest in positive NPV projects (Shleifer and Vishny, 1997) leading it to better operating performance, which is our first proxy to firm performance H2: Better-governed firms are more valuable (Gomper, Ishii, Metrick, 2003) and (Bebchuk, Cohen, Ferrell, 2004) show that firms with stronger stockholder rights have higher Tobins Q which is the proxy of firm value and suggest that better governed firms are more valuable which is second proxy for firm performance. H3: Better-governed firms pay more cash to stockholders Firms with smaller dividend payout have low earning growth, suggesting that better-governed firms payout more cash to stockholders, which our third proxy to firm performance (Arnott and Asness 2003, Cited in Nishat and Shaheen, 2005). Data and Methodology: Gov-Score will be used to measure the strength of a firm governance on the patterns of (Brown and Caylor, 2004), (Nishat and Shaheeen, 2005) and (Y Attiya and R Iqbal, 2007). Computation of Gov-Score for 20 firms using data obtained from annual reports. The primary data will be collected through questionnaire containing 38 factors as either 0 ot 1depending on whether the firms governance standards. Then sum of each 38 binary variables to derive GOV-Score. This paper consider four performance measures spread across three categories: operating performance, valuation and shareholder payout. This paper selects two operating measures i.e. ROE and profit margin. One valuation measure i..e. Tobins Q and single measure of stockholder payout i.e. dividend yield. This paper adopts methodology used by (Nishat and Shaheeen, 2005) which involves two types of cross-sectional analyses. Firstly, correlation between Gov- Score with each industry-adjusted fundamental variable using Pearson and Spearman correlations. Then order Gov-Scores from highest to lowest (i.e., from best to worst governance), and analyze if firm performance differs in the extreme governance deciles. Next to assess which categories and factors are associated with expected/unexpected (good/bad) performance, we correlate the four performance measures with seven governance categories and 38 governance factors. Sample and Instrument: The sample size will be 20 firms listed in Karachi Sock Exchange. Convenience sampling technique will be used. A structured questionnaire will used containing 38 factors of governance spread across seven categories Works Cited Kanellos and George. (2007). Corporate Governance and Firm Performance: Results from Greek Firms. Arnott and Asness 2003, Cited in Nishat and Shaheen. (2005). Corpoirate Governance and firm performance AN exploratory Analysis. Bebchuk, Cohen, Ferrell. (2004). What matters in Corporate Governance. Bhagat and Black. (2002). The Non-orrelation Between Board Independence and Long Term Firm Performance. Journal of Corporation Law , 231-274. Bohren and Odegaard 2001, Cited in Shaheen and Nishat. (2005). Corpoirate Governance and firm performance AN exploratory Analysis. Brown and Caylor. (2004). Corporate Governance and Firm Performance. Byrnes et 2003, cited in Ehikioya. (2009). Corporate governace structure and firm performance in developing economies: evidence from nigeria. Cadbury 1992, Cited in Lee, Tin Yan Lam and Shu Kam. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Coles et al 2001; Higgs, 2003; Zardkhoohi, 2005, Cited in Lam and Lee. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Donaldson, 1990 cited in Lam and Lee. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Ehikioya, B. I. (2009). Corporate governace structure and firm performance in developing economies: evidence from nigeria. Corporate Governance Vol. 9 No. 3 , 231-243. Fosberg 1989, Cited in BRown and Caylor. (2004). Corporate Governance and Firm Performance. Gomper, Ishii, Metrick. (2003). CORPORATE GOVERNANCE AND EQUITY PRICES. Harforda, Mansib, and Maxwellc. (2006). Corporate Governance and Firm Cash Holdings. Jensen and Meckling, 1976; Fama and Jensen, 1983; cited in Brown and Caylor. (2004). Corporate Governance. Jensen and Mecklings 1976 cited in Lia,Wang and Deng. (2009). Iindependent directors, Ownership agency costs and financial distress: evidence from chinese companiess. Corporate governance , 622-636. Jhon and Senbet 1998, Cited in Brown and Caylor. (2004). Corporate Governance and Firm Performance. Kiel and Nicholson, 2003 Cited in Lam and Lee. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Krivogorsky 2006, Cited in Li, Wand and Deng. (2008). Iindependent directors, Ownership agency costs and financial distress: evidence from chinese companiess Mehwish Mumtaz. (2005). Corporate GovernanceAdopt or Adapt. Dissertation, Judge institute of Management Sciences, University of Cambridge Research. Mir and Nishat. (2004). CORPORATE GOVERNANCE STRUCTURE AND FIRM PERFORMANCE IN PAKISTAN- AN EMPIRICAL STUDY. Nishat and Shaheeen. (2005). Corpoirate Governance and firm performance AN exploratory Analysis. Nishat, 1999 Cited in Nishat and Shaheen. (2005). Corpoirate Governance and firm performance AN exploratory Analysis. Petra and Dorata. (2008). Corporate Governance CEO compensation. Corporate Governance , 141-152. Rechner and Dalton, 1991; Rhoades et al, 2001, Cited in Lam and Lee. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Shleifer and Vishny. (1997). Asurvey of Corporate Governance. NBER Working Paper 5554. Y Attiya and R Iqbal. (2007). Relationship between corporate governance and its Indicators and firm value: A case study of KSE

A Midsummer Nights Dream Essay: Aspects of Love -- Midsummer Nights

Love in William Shakespeare's A Midsummer Night's Dream  Ã‚  Ã‚      Love is a very inaccurate word,   as it can be used in many different ways.   It can be used to describe an object which one particularly likes,   or to describe ones feelings towards a person.   However it does not rest at just these two points.   Love for someone can be in a material sense (sexual),   or in a more moral sense for example.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Some of the various aspects of love are mentioned In William Shakespeare's,   Midsummer Night's Dream.   Here we are presented with the various characters,   and their conflicts,   which all have something to do with love.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The most important relationship in the play is that between Titania,   the queen of the fairies,   and Oberon,   who is the king of the fairies.   Oberon seems to love Titania in the sense that he wishes to dominate her,   and also be her king.   Their relationship is about authority and dominance. After a quarrel Titania does not wish to have anything to do with Oberon anymore.   Oberon is angry at this,   and takes out his anger on Titania,   by placing a spell on her.   He squeezes a drop from a special flower onto her eyes,   which will make her love the ugliest beast she is to come across.   This then happens to be Bottom the weaver,   whose head is turned to that of an donkey.   Through Oberon and Titania's little dispute,   the entire world seems to be tipped upside down.   Oberon is generous when it comes to dishing out his love potion,   which confuses everything for the "real people" (in other words not meaning the fairies).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Amongst the people,   there are also some disputes,   that can be directly related to love.   Lysander and Demetrius are both in love with Hermia,   who only loves... ...for who he was,   but for what she saw.   Their relationship had nothing to do with a romantic and passionate love,   but mainly consisted out of lust and desire.   Titania desired Bottom,   and was obsessed over him as a result of the magic potion. So by A Midsummer Nights Dream we can see some of the many aspects of love,   and are familiarised with them.   The various relationships between the "real" characters,   and the fairies (king and queen).   Of course there are a few more aspects one might mention,   however many are very similar.   Love basically consists out of many different factors.   There should be the love of a person that comes from the heart,   but there is also a side of you that desires the other person in a physical way.   Love is not just a simply definable word,   but love is a highly complicated act of expressing ones feelings towards another person.