Suicide In Our Society :: essays research papers

Suicide In Our Society   Ã‚  Ã‚  Ã‚  Ã‚  Once every minute someone tries to commit suicide. Sixty or seventy times a day these attempts succeed.( Earl A. Grollman, Suicide: Prevention, Intervention, Postvention, Boston: Beacon Press, 1988, p.4) Unlike what many want to believe, suicide can happen to anyone regardless of race, age or sex. News reports, books and the internet all point in the same direction. We are undergoing a breakdown in our social roles, and suicide is the result.   Ã‚  Ã‚  Ã‚  Ã‚  The first ever recorded talk of suicide was in 2000 B.C., when a man says that his life is filled with pain and suffering and he is contemplating taking his own life. Although attitudes toward suicide have changed over the years, it has not ceased to happen. The first suicide prevention Centre didn't come until almost 4000 years later. In 1774, England created the first Centre to try to prevent attempted suicides.   Ã‚  Ã‚  Ã‚  Ã‚  Suicide prevention isn't happening until it's too late. One high school, in a small town in Quebec, had four suicides in seven weeks. After these had happened, the school invited parents in to discuss suicide prevention. (CTV News 11:00 p.m. January 6, 1997.) These might have been able to be prevented if communities would assume their roles and discuss it on a regular basis and not have suicide be a word that is whispered but never spoken.   Ã‚  Ã‚  Ã‚  Ã‚  The myth that those who talk about suicide will never actually go through with it is completely false. Most people who do kill themselves give some sort of clue before doing so. It may be something very subtle such as â€Å"I wonder where my father keeps his gun† or they might just come right out and say â€Å" I would rather die then go on living this way.† What ever it is everyone should know how to recognize when someone is feeling suicidal and get help to them right away. Suicide can be prevented if noticed at an early enough stage.   Ã‚  Ã‚  Ã‚  Ã‚  Suicidal feelings can be brought upon someone by many different situations. Someone with a terminal illness may not see a reason to continue a short life of pain, when they think they'll die soon anyway. Economical stress hurts more then just your wallet, someone may feel that they are a failure and that may bring suicidal feelings. The death of a loved one or the breakdown of a family can also cause these feelings. Because someone may fall in to one of these categories doesn't mean that they are suicidal, but all hints should be taken seriously. A cry for help needs help from a professional helper.

Meta reflection 2 Essay

â€Å"A mind that is stretched by a new experience can never go back to its old dimensions†. We could never go back to the past were what we did has already been done. When we discover new things you don’t see your old thoughts the same way. We add new information that will help us to expand and deepen our knowledge through our understanding the experiences that we had encounter. I saw too many things, I could never go back to being that old me that. I have experience adventures and the taste of life these experiences molds us by being an open minded person. I can never go back to that person who is full of ignorance. I was searching for wisdom and knowledge as possible. When I found them in philosophy I bathe with wisdom and knowledge combining them made a pleasurable account to my life. Applying these new found ideals, and fresh truths to my life adds new impact on my existence. I would not grow but I will surely have the drive, inspiration and motivation to want more of knowledge. My huge amount of ignorance is too big to became a marble, it’s the cause that the essence of my existences that stretches my mind to be active and be an open minded as possible. Change is constant and prior to my experience they have mold me. Many situations had come to my life with a synthetic a priori. I may not know that I all ready had this phenomena. Behind the knowledge I have know is the product of my studies and the cause of my studies, sometimes cramming can help boast the minds ability, push its power to the fullest capacity to acquire new knowledge. I can never surely go back to the quote that I have written to my introduction is that we or our own minds is expandable and learn so many things. the experiences that we all experience is the fact we are living the life of a being in this world that true reality resides and will surely be never disappear Subconsciously we acquire new experiences. Each time we do our routines and the normal phenomenon we don’t mind the fact that we are giving our right choices, our only one choice. It’s risky to live life but with the feeling of love that we feel its worth the fight and risks to live for in this world. The experience we gain is the interpretations of our lived moments in this reality. The beingness of being is the experience of being a being in this reality. We only live once and our mind is the one that makes the decision with our own considerations that we are beings in this reality. Only the wises gets the best of both world. Reality with experience is the main purpose of being in this world. We stretched our capacity and exhaust this mind of ours and gain new knowledge. By stretching our mind we can go beyond the normal capacity of things. The beauty of life is going to take up the challenges and ordeals that it gives us the power to marvel at life. Lived experience of my life is awesome, because I feel being loved, hate, and not taking life seriously. I thought at first life was so simple, I only have in that period of time a small amount of understanding in my existence. Know with philosophy and I am loving wisdom, I made a new decision that life is complex with many things to do and take it at hand. With that experience I can only reminisce the times but I can no longer go back. How could I go back? With a time machine? May be not its only a theory that time travel is possible. I don’t intend to go back to the past experiences my a posteriori was the best so why would I. With everything that I am and everything that I can do is the product of my experiences, they were the stepping stones that could not hit its wall of finality. Experience for me is cant be exhaust because we keep on experiencing from day to day of our life. We can never stop experiencing, it’s a fact I keep on learning and gaining more knowledge than before I know. I and everyone can never go back to the way they were before. We may not be the same as the past. I couldn’t know everything with experience, it’s the philosophers bases of everything that has happened. Without it what could be the progress of the world and the human world. Gaining new knowledge is the transfiguration of us we can’t go back to the dimensions that we once have reside.

The Great Gatsby Fantastic Movie - Free Essay Example

Sample details Pages: 5 Words: 1358 Downloads: 1 Date added: 2019/03/26 Category Literature Essay Level High school Tags: The Great Gatsby Essay Did you like this example? The Great Gatsby is one of the most impressive novels of all time. This novel is written by the famous author: F. Scott Fitzgerald in 1923. Don’t waste time! Our writers will create an original "The Great Gatsby Fantastic Movie" essay for you Create order The readers can not describe how meaningful this novel is. The Great Gatsby is a story told by Nick Carraway, who is Gatsbys neighbor. This famous novel is made into a movie which is released in 2013 by Bar Luhrmann. Most of setting and plot are taken from the novel. Although the movie and the novel are absolutely similar in remarkable events such as the party, death, and funeral scene, the movie has many differences from the book to depict effectively the messages that Fitzgerald was trying to show the readers. Some of the three major differences between the movie and the novel are the party description, Gatsbys death depiction, and Gatsbys funeral scene. The Gatsbys parties in the novel and the movie are depicted with magnificence and luxurious. The movie shows many things at the party as they are portrayed in the novel. Crates of fresh oranges and lemons, Gatsbys swimming pool, royal cars, liquors, bright lights, the crowd, the bustling atmosphere, and celebrities in the entertainment industry are clearly described in the novel and the movie. In both, the parties are large, but the party in the novel seems classical, and it actually is the 1920s style. By a seven oclock the orchestra has arrived, no thin five piece affair, but a whole pitful or oboes and trombones and saxophones and viols and cornets and piccolos, and low and high drums. ( Pg. 40) These musical instruments are commonly used in 1920 s. On the other hand, in the movie, the parties are more modern than the party in the novel. The atmosphere seems bustier than the atmosphere in the novel because the rap and the pop music are played during the party. Furthermore, the mov ie demonstrates modern dance. Actually, the splendor and luxury of the extravagant parties are shown more clearly in the movie of Bar Luhrmann. Gatsby spends most of his life to get Daisys attention and chase for her love. These extravagant and luxurious parties are celebrated for getting Daisys attention. He spends his money just to get Daisys love. Actually, he will do everything to achieve his goal which is to reunite with Daisy. With Gatsby, Daisy is the most valuable treasures in his life. When Daisy drives and kills Myrtle, Gatsby is even willing to sacrifice himself for Daisy by taking all the responsibility and blame. Thats the reason why Wilson Myrtles husband thinks Gatsby is the one who kills his wife. Gatsby then is shot by Wilson. Gatsbys death is portrayed sadly in both the novel and in the movie. In both, Gatsby is waiting for Daisys call and decides to go swim. However, there are few differences between the movie and the novels scene. In the novel, the author writes, Gatsby shouldered the mattress and started for the poolhe must have looked up at an unfamiliar sky through frightening leaves and shivered as h e found what a grotesque thing a rose is and how raw the sunlight was upon the scarcely created grass. The Chauffeur heard the shots.( Pg. 161) Gatsby is shot by Wilson Myrtles Husband while he is floating in the water, lying on an air mattress in the pool, looking up in the sky. Of course, plan to run away with Daisy is always in his head. Gatsbys death scene in the movie is actually different from Gatsbys death scene in the novel. In the movie, Gatsby is in swimwear, and he is still waiting for Daisys call. He dives into the pool and swims. After hearing the phone ring, he is climbing out of the pool. He looks at the phones, smiles, and thinks Daisy is calling him for the plan running away with him. Moreover, he also thinks he almost achieves his goals: run away and stay with Daisy forever. Unfortunately, when he gets out of the pool, Wilson carries a gun and shoots Gatsby from behind. Although this shot is surprised and hurt, Gatsby still has a smile on his face. Honestly, no words can describe how Gatsby loves Daisy because when he gets shot, he still whispers Daisy to himself before falling backward into the pool, and dead. He always thinks about Daisy. Furthermore, Daisy word is always important to him, and her name always appears in his mind and occupies his heart. Gatsbys death is not only a sad ending but also represents the ugly side of the American Dream. Gatsby does everything include the illegal things to get money, attention, reputation to serve for his own purpose and desire which is Daisys attention and love. He spends most of his life to love Daisy and what does Gatsby receive? The answer is nothing and maybe the only thing he receives is the loneliness at his funeral. The Gatsbys funeral also represents the decline of the American Dream. His funeral is clearly described in the novel and the movie. In both the movie and the novel, his funeral is a situation that nobody wants it to happen. It is so upset and alone. The novel and the movie both describes Gatsbys funeral as a disappointing and sad scene. In both, the funeral is portrayed in the sad atmosphere. Nick, Gatsbys old sport and best friend tries to call everyone in the town to announce about Gatsbys death. Especially, he tries to call Gatsbys close friends who he expects to attend Gatsbys funeral. However, nobody actually cares about his funeral. They are just willing to attend his parties, but when he passes away, no one wants to attend his funeral. Daisy, the one who Gatsby loves and sacrifices his life, is also out of town and leaves him alone in his funeral with no messages. She runs away for goods with her husband. Meyer Wolfshiem, Gatsby best friend in his work, also does not show up with a good reason even though they have a really close working relationship. All he has in his funeral is the emptiness, loneliness, and quietness as Nick Carraway sadly says, Nobody came. ( Pg. 174) In the novel, fortunately, his funeral still has t he presence of his dad (Henry C. Gatz), Owl eyes, a few servants, the minister, and Nick. They still respect Gatsby and care about him. Otherwise, Gatsbys funeral in the movie is depicted without any attendance except Nick. This scene in the movie is sadder than the novel. He is alone in his mansion and lying on the coffin. In the movie, there is only Nick goes to his funeral but not a single one of many people who attended and enjoyed Gatsbys parties spend their little time to attend his funeral. Those people just use his wealth drowning in wasted parties. This makes Gatsbys funeral becomes more miserable. His funeral scene completely contrasts to his extravagant parties scene. There is only the loneliness and emptiness in his funeral instead of the bustling atmosphere, the loud laughing, the melodious music. He has no real friends accept Nick. In conclusion, the party description, Gatsbys death scene, and Gatsbys funeral scene are described so differently in both versions to touch the audiences heart. There are still similarities in the novel and the movie. However, the differences between the two versions help the readers understand more about Gatsbys lonely life, and emphasize the decline of the American dream. It represents the ugly side of the American Dream as it is proven by Gatsby. He always pursues his dream to become a wealthy and luxurious man just to serve his own desire and personal purpose. Although he gives his love for Daisy, she doesnt attend his funeral and goes away with her family. The audiences are sympathetic for Gatsby who celebrates all luxurious parties, and spends most of his life for loving Daisy and sacrificing for his love, and the loneliness is all he receives from that. Both versions of the Great Gatsby give one valuable life lessons showing that money cant buy love and real friendship as the American Dream is eventually unattainable.

Racial Profiling And The American Society - 1508 Words

The topic of racial profiling is very prominent in our American society. I witness accounts of it every day, whether it is while going through an airport, reading about crime, and it’s heavily influenced within the world of politics. Racial profiling is a way for law enforcement to target certain individuals that are suspected of committing a crime. This involves race, ethnicity, religious beliefs, etc. The act of racial profiling allows law enforcement to alienate certain communities, which, in turn creates racial divides and demonstrates a â€Å"militarization† of the police. Not only that, racial profiling is heavily influenced within American society through politics and the use of media. Having grown up in Chicago, I was surrounded by†¦show more content†¦The attacks on September eleventh were a set highly organized events carried out by the Islamic terrorist group Al-Qaeda. The ACLU (The American Civil Liberties Union) is a nonprofit organization whose m ission is to protect the rights and liberties of every person in this country. In an article titled Sanctioned Bias: Racial Profiling Since 9/11, the ACLU discusses racial profiling and how it’s changed since the attacks on September eleventh. â€Å"On June 17, 2003 President Bush publicly released a set of guidelines promulgated by the Civil Rights Division†¦he declared that racial profiling is ‘wrong and we will end it in America’† (ACLU, 2004, page 1). The guidelines explained how racial profiling was wrong and would not be tolerated. However, these rules were never formed into law, which in turn means they didn’t necessarily have to be abide by them. â€Å"Since the September eleventh terrorist attacks it has been the official policy of the United States government to stop, interrogate, and detain individuals without a criminal charge, all on the basis of their national origin, ethnicity, or religion† (ACLU, 2004, page 1). This was carried out by the Department of Justice. Today, we see numerous accounts of Muslim people being detained for no apparent reason at airports. Attorney General John Ashcroft announced a â€Å"Special Registration† requirement in June of 2002. This requirement stated â€Å"that all males from a list of Arab and Muslim countries report to theShow MoreRelatedRacial Profiling And Its Effects On American Society2621 Words   |  11 PagesEver since the late 1970 s profiling was associated with a method of interdicting drug traffickers (Data Collection Resource Center, n.d., para 3). The profiling provided not only a quick way to see evidence of concealment in the vehicle, but included age and race characteristics of possible drivers (Data Collection Resource Center, n.d., para 3). The controversy is over whether or not there are a disproportionate number of blacks and Hispanics involved with law enforcement that reflects policeRead MoreRacial Profiling Against African Americans 1614 Words   |  7 PagesIs Racial Profiling Justified Racial Profiling Against African Americans Racial profiling is simply, â€Å"the unlawful police practice of using race, color, or ethnic background, as the reason for conducting a traffic stop on an individual.† (Michigan Civil Rights Commission) This definition can be extended to any kind of discrimination mainly based on myths and stereotypes towards a certain race or ethnicity. However, the term racial profiling is commonly used when a police officer or anyRead MoreRacial Profiling Or Prejudice Based Upon Race970 Words   |  4 Pages American Heritage dictionary states that racism is â€Å"Discrimination or prejudice based upon race. That is exactly what racial profiling is. I am not however arguing that if a person is robbed says the criminal who robbed them was an adult black male that the police should look for everyone other than an adult black male for that crime, but also not try and use that information to persecute younger black males. However, that is not considered profiling in that instanc e, it is not based on demographicsRead MoreRacial Profiling Is Out Of Control979 Words   |  4 Pages Racial Profiling is racism Today in America racial profiling is out of control. People are being attacked, judge and even killed for reasons beyond just skin color. For many years people of color have been racially profiled, and now when America should be moving forward, America is going backwards. Racial profiling, which is a form of racism has gotten out of control, and the past has not improved as we have moved into the 20th century. It is time for Americans to take a closer look at racialRead MoreThe Pros And Cons Of Racial Profiling1418 Words   |  6 Pagestopics is racial profiling. For centuries, America has looked down and discriminated minorities and it still continues today. It began when minorities started to immigrate to America in search of better lives. Most whites believed in white supremacy and thought minorities were aliens. The police use racial profiling mostly towards minority groups. Racial profiling is the use of race or a skin color to suspect someone of doing an offense. While som e people think that racial profiling is beneficialRead MoreNarrow Views On The United States939 Words   |  4 PagesUnited States was very devastating not just to Americans but also to the rest of the world. The world felt the consequences of this terrorist attack against America apart from condemning it because it was a horrible and inhumane event, but also by America government official’s racial profiling citizens of all nationalities that set foot into America territory. As citizens of the United States, we are concerned about criminality undermining our society; drugs, terrorist attacks and violence are increasingRead MoreRacial Profiling Is A Necessary Evil1100 Words   |  5 PagesRacial Profiling In order to understand racial profiling, it must first be correctly defined. Although different authors use different criteria for the term racial profiling, the definition for the word racial is â€Å"of, relating to, or based on a race The definition the dictionary puts forth for profiling is â€Å"the act of suspecting or targeting a person solely on the basis of observed characteristics or behavior.† Based on these definitions, racial profiling could be defined for criminal justice purposesRead MoreRacial Profiling And Its Impact On Society1209 Words   |  5 PagesCases of Racial Profiling There are tons of cases of Racial Profiling. Now a days many people are being targeted or attacked by racial profiling. Laws are being passed but not every police officer is following up with it. And because of this more and more people are becoming irritated with the government system. Just because a particular person from a particular race does something wrong, everyone from that race is being discriminated by so-called other races. Racial profiling is gettingRead MoreRacial Profiling And Violates Human Rights Essay966 Words   |  4 PagesIs Racial Profiling Justiciable Under Certain Circumstances? Racial profiling has been a longstanding argument in law enforcement practices for a number of years in American society. Often it divides and alienates communities from law enforcements while hindering police efforts to control crimes and protect civilians. Many civil right groups argue that racial profiling is ineffective and violates human rights. However after September 11th, it appears that the practice has become much more prominentRead MoreLiterature Review On Racial Profiiling1391 Words   |  6 PagesThis essay reviews the literature on racial profiling in Courtelaney Pass. Racial profiling is a policing method that has increasingly become scrutinized over the years in Courtelaney Pass. An overwhelming number of individuals in the city are subject to racial profiling. Contrary to 55% white, 38% black, and 7% Hispanic, the blacks and out of town travelers passing through receive 87% of the speeding tickets. In addition, racial profiling can occur to women and men, all age groups are used against

When you think of the name Edgar Allan Poe, happiness is...

When you think of the name Edgar Allan Poe, happiness is the farthest emotion from the mind. You have a sense of melancholy, constantly reading about death, murders, and the thirst for revenge, and sometimes having feelings of suspense when reading about thrilling detective work. Poe is the reason that we have modern day mystery and horror stories. Without his brilliance, and obsession with such morbid occurrences, who knows when the era of suspense and horror would have begun? Despite his obvious brilliance, and certainly vivid imagination Edgar Allan Poe was not a beatific person. Throughout his entire life he was constantly dealing with inner demons, which later on served as inspiration for his work. Edgar Allan Poe’s work tends to†¦show more content†¦The Cask of Amontillado (1846) is a tale of a mind plagued by revenge and a murder that has no repercussions. Montressor the narrator in the short story immediately expresses qualities of being an unreliable narrato r. From the very beginning of the novel readers are given a sense of unreliability with the sentence The thousand injuries of Fortunato I had borne as I best could, but when he ventured upon insult I vowed revenge (Poe 82). That sentence is a blatant exaggeration, and for all the readers in the story know, this may be a complete lie. The story is relayed to the audience in first person naturally being biased to one characters interpretations of a particular event. The events in this story are from â€Å"half a century† ago and thus, memories become hazy if they even truly occurred. The narrator never once gives readers information â€Å"thousand injuries† Fortunado imposes upon him, and not to mention that revenge is something that causes the human mind to go insane. Within the work Poe uses the idea of revenge as a catalyst to reflect the dark side of human nature. Montressor is enraged due to an insult that Fortunado said and therefore he â€Å"vowed revenge† (82). Intense emotions that a narrator feels tends to lead them to madness, and this is a reoccurring event within Edgar Allan Poe’s work. Within the story, a narrator becomes mentally unstable due to an obsession with revenge.

Kohler Terminal Value Free Essays

Both approaches (used to come up with the value of the Kohler Company) are greatly impacted by the assumptions made by both the company and the dissenting shareholders. The use of the Market approach has shown that the value of the company varies greatly depending on the comparable companies. If Masco (which is the largest comparable company) is included, the value goes to nearly $3. We will write a custom essay sample on Kohler Terminal Value or any similar topic only for you Order Now 7 B and excluding it causes the value to go down to $1.2 B. Moreover, depending of the discount for lack of liquidity and control, the value of the company could decrease considerably. Then, in the market approach there are two variables that affect the value of the company; comparable peers and the discount for lack of liquidity and control. In the Free Cash Flow (FCF) approach, the two variables that makes the value diverge is the Beta and the discount (liquidity and control) used. In this specific scenario the Beta impacts the WACC considerably due to the high weight of the cost of equity. For example, a difference of 4 points in the WACC raises the value of the company more than 150% [Table 7]. It is interesting to see that in order to arrive at Kohler’s initial valuation of $58K per share; a 65% discount is needed in both valuation approaches. Also, Masco’s exclusion is required under the Market approach while the high Beta is required under the FCC approach. The factor created by the division of standard deviations of industry peers and the deviations from different markets increases or decreases Beta considerably. (More details about this factor are discussed later in the paper.) Conversely, according to the dissenting shareholders, in order to arrive at $273K per share a 0 % discount and the inclusion of Masco and low Beta is needed. In the settlement, Kohler may use two simple methods to resolve the claim. The first would be a Weight Adjusted Value method, which consists of taking the weighted average of the proposed settlement values times the confidence level. The second method is to calculate the book value of the company using the formula (Assets- Liabilities)/ # of shares (Intangibles are not excluded). The results of these two methods indicate that The Kohler Company should be indifferent between going to trial and settling for $120K per share. Finally, the suggested settlement price should be adjusted to reflect the possibility of an increased tax liability Kohler may have with the IRS. Using a weighted average, the new settlement price is around $150K per share. Company Overview Kohler is a recognized international manufacturer of plumbing products, home furnishings, generators and engines. It also owns and operates hospitality and real estate Businesses. Kohler has been a private company, predominantly owned by the Kohler family since its founding in 1887. Market Approach Because Kohler is privately held the market value needs to be ascertained by the implied value determined by using a multiples approach based on the trading value of Kohler’s comparable industry peers. Table 1 shows the relevant multiples for Kohler’s peer group. Depending on what multiples are used to value Kohler the estimation varies considerably. Table 2 demonstrates the range of these values. If Masco, with it’s generally high multiples, is excluded from the analysis the valuation would be roughly $1.2B. On the other extreme if Kohler’s value is based on Masco’s benchmark, the value leaps to nearly $3.7B. A strict average of the peer group would yield a value of $1.6B. Our best guess of value is closer to $2B based on the peer average being averaged with Masco’s profitability multiples as we feel that the fundamentals of Kohler and Masco are closely matched. These estimates do not include any discounts for the lack of liquidity or control that the shares are characterized by. Table 3 shows the value per share given a $2B market value and various discounts applied. Â   Based on the market multiples approach it appears that Kohler takes a much more conservative approach to not only valuation but to the discounts that should be applied to the stock given his relative illiquidity and lack of controlling stake in the enterprise. From their prospective the value is the historically modest dividend and the long range growth of the business. Given their approximation of a share price of $54,000 that would suggest they excluded Masco as an outlier if they used a multiples approach and they used a discount of nearly 65% on the value of the shares to address their limitations noted previously. This would yield a value of roughly $58,000 per share. The dissenting Kohler shareholders, many of whom acquired shares for north of $100,000 each, have a vested interest in a much more generous approach to the value of Kohler’s shares. It appears they could be talking one of two approaches in arriving to their $273,000 value per share. The first is that they could also assume a market value of roughly $2B for Kohler, and not acknowledge any need to discount the shares. This would yield an estimate of $274,100 per share. The other approach could be that this estimate was derived from the multiples values using Masco as a fellow industry leader with higher margin products and strong differentiation and acknowledging the need to discount the share value for lack of liquidity and control. Based on the Masco benchmark and a 25% discount the value would be roughly $279,000 per share. Free Cash Flow Approach Kohler’s Free Cash Flow (FCF) model is developed using the Non-Cash Working Capital Approach, a correlated Beta and an EBITA that excludes both interest income and expense. The Non-Cash Working Capital is used because of the consistency each year in Kohler’s forecasted working capital. [Table 4] Secondly, in order to make the FCF model more accurate, a correlation between the company financials and its main competitors is used. Table 5 displays this correlation. The correlation is then multiplied by a factor which is defined by the division of the standard deviation of Kohler’s competitor and the standard deviation of the market (US Equity Market). Lastly, an average of each of these factors is performed and the Kohler’s Beta is found. [Table 5] The Beta in this case significantly affects the Weight Average Cost of Capital (WACC) since the weight of Kohler’s cost of equity is about 82% and the remaining 18 % tied to the cost of debt [Table 6]. The calculated WACC using this beta is 14.19%. If Beta is calculated using a different standard deviation, other than the US Equity Market, the results will vary drastically. For example, using a standard deviation of a highly correlated distribution of stocks that includes 3 kitchen bath companies and 3 engine generator companies, the Beta will decrease from 2.67 to 1.52. Then, the new WACC would be 10.40%[Table 5]. Just this difference in Beta would make the per share value of the stock go from $164K to $251K with 0 discount (due to the lack of control and liquidity), and from $ 57K to $ 88K with 65 % discount [Table 7]. Kohler is most likely using a relatively high WACC and high discount to come up with a $58K value per share. As it is shown in Table 8, using a WACC of 14.19% and a discount of 65% for liquidity and control of the stock arrives at $57K per share. On the other hand, the dissenting Kohler shareholders have probably used a much more generous approach to the value of Kohler’s shares. It appears they could be using a WACC close to 10% and not discount (liquidity and/or control) or a WACC of 8% and 30% discount to arrive at their $273,000 value per share. How to cite Kohler Terminal Value, Essay examples

Free Sample to Describe Importance of Reporting in Accounts Management

Question: Describe about the Meaning of sustainability reporting and its need,Key performance indicators and Steps to be undertaken by staff for sustainability reporting? Answer: Introduction: The company Wealth wise has recently set up an internal information system that could help in the improvement of the social and the environmental practices in the company. The company is a major contributor towards the charities and focusses mainly on the poor and homeless. It undertakes to promote the environmental management in all the operations of the company. It does a lot of things that helps in the sustaining the environment. This reports aims at answering the questions such as explaining the meaning of the sustainability reporting, what are its uses, the key indicators of sustainability reporting by the company and the alternative performance indicators that could be used to assist the company in achieving its mission, the balance score card as the key performance indicator of the sustainability reporting. Meaning of sustainability reporting and its need: As such there is no set definition of sustainability reporting but generally it is defined as the practice of measuring, disclosing and being able to be responsible for the internal and the external stakeholders for the performance by the organization towards the goal that targets towards the sustainable development of the country. Sustainability reporting is concerned with the creation of the awareness of the responsibility of the corporate in the real corporate world. Attention is given to the issues that relates with the environment and the sector of the government. The stakeholders are interested in understanding the approach and the performance of the companies that are used to manage the different aspects of the activities such as the potential of value creation. In order to illustrate this, there is a growing recognition amidst the analysts of an investment. There are a number of returns of an investment and the indicators of the long term financial performances that target towards the changing legislative and the regulatory regimes. The company has various other drivers that are used such as the profit and loss account, balance sheet and the reporting of the greenhouse gases that have been remitted. (KPMG, 2015) In accordance with Brundtland, 1987, sustainable development is concerned with fulfilling the needs of the citizens without compromising on the needs of the future generations. (ACCA, 2015) The disclosures of sustainability help in differentiating one company from another in the same industry. This also helps in building the trust and confidence and the loyalty of the employees. When an analyst expresses his opinion on a company, then he takes into account the disclosures that have been made by the company in respect of its sustainability along with the efficiency practices and quality of the management. This reporting helps the company in attracting more number of investors. The following are the benefits of sustainable reporting: 1. Better reputation: a survey was conducted during the year 2011 and it was found that when the company goes for expanding the transparency in the business operations and reporting positive deeds, then the trust of the public is gained and investors are attracted. 2. Expectation of the employees: another survey was conducted by EY and Green Biz that showed that the employees were the most important audience for the sustainability reporting with about 18% of the reports citing the employees as the major target. Around 30% of the reporters showed that the presentation of the sustainability reporting increased the loyalty of the employees. 3. Improved access to the capital: researchers have found that the firms that reported their sustainability has better index scores than the ones with the low sustainability. When a company had a lower index scores, then they had very limited number of capital constraints 4. Increased efficiencies: the companies that presented their sustainability reports were more efficient when it came to making the decisions. (EY, 2015) Key performance indicators of sustainability reporting: In the opinion of many, the key performance indicators has many dimensions. It would go on to do the following: 1. Identify the aspects of the sustainability that could impact the society in the most positive or the negative way or manner 2. Define one of the most relevant decision that could reasonable be collected and could be reported 3. Present the data in the most efficient and effective manner so that the comparison could be related to the corporate sustainability performance In the nutshell, it would be right to say that when there are a limited number of key performance indicators, then the same can go on to help the balanced reporting regime that would serve the dual demands of comprehensiveness and practicability. When this regime is followed, these could be used for an extensive work that would define and measure the corporate sustainability that exists already and could also, guide the stakeholders of the company to focus on the issues that hold the relevant importance and that could have a major impact on the performance of the sustainability of the company. The key performance indicators are specific to specific sectors in the industries. For example, the industry of electronics face the challenges of supply chain management and the use of the toxic materials in the manufacturing and the waste disposal. The retail groceries face the challenge of managing the employee relations and the sustainability of the products that they sell. The mining indus try face the challenges of the practices of the human rights, the tailings management and the availability of water and the government relations and so on and so forth. (SASB, 2015) The sustainability performance indicators are used as a toll for measuring the performance of the company and for monitoring the performance and reporting on the future progress of the company. These indicators are covered in the areas of economic, environmental and the societal aspects of sustainability. The following are the performance indicators: 1. Economic performance indicators: this will include the company turnover, profit, quantity of products sold, etc. 2. Social performance indicators: this will include the labor practices, human rights, and broader issues affecting consumers, community, and other stakeholders in society. 3. Environmental performance indicators: this will include the greenhouse gas emissions, water consumption, waste output, etc. (Pre sustainability reporting, 2015) Key performance indicators for wealth wise: The company is of the view that the responsible investing could create 2 key obligations of each one of the people involved. One was the obligation to take the financial responsibility for own financial needs of the individuals and their families and the second was the obligation to invest the funds and the companies that share the same value systems. (Welath wise, 2015) The following are the key indicators: Ratings of the employee satisfactions % of the women employees in the top tiers of the management Number of indigenous employees Ethical ranking of the sales staff Number of staff that was hired that was unemployed when they were hired Tonnes of papers recycled per year % reduction in the consumption of the electricity Litres of fuel used per % of sales Steps to be undertaken by staff for sustainability reporting The following are the 10 initiatives that could be undertaken by the company: 1. Create smart, integrated public policy: it is very difficult to make the sound decision and policies when it comes to the policies of the environment. The companies need a clear and a steady direction of what the government thinks with regard to the issues such as the carbon pricing, national cap and trade systems for the emission of the greenhouse gases. When the company has the clear and a consistent integration of the policies, only then can it invest it in the new technologies and the in the new standards and the training of the staff for sustainability. 2. Engaging in the value chain members including an industry and the NGO partners: there must be an effective collaboration across the value chain and an industry. Each and every company must try to do its bets to limit the impact of their business operations onto the environment but they would be able to impact it more and make big advances when the companies come together and align with the actions of the suppliers and the distributors along with the other members of the value chains. 3. Building a national dialogue on the responsible consumption: the customer have to be brought into confidence. The sustainability of the environment is not at all possible without the involvement of the customers. The impact on the environment cannot be limited if the customers are not willing to pay more for the products of the company. 4. Communicating the goals of sustainability within the organization: it is a big and a heavy task of building sustainability. The sustainability or the corporate social responsibility is a big responsibility with the companies, or for a single department or a single employee, for that matter. 5. Embedding the sustainability in the culture of the corporate: the employees must regard the department of the corporate social responsibility with respect since many of these will try to eliminate these departments as they may seem like cost centre to them. Therefore, in order to make sure that the sustainability for the organization is duly followed, the culture must be embedded into the organization. 6. Proving clear and equitable directions for the entitlements. 7. Creating the conditions that could support the sustainability related innovations: the main aim of the smart companies is to grow and innovate. The smart companies are the ones that treat their sustainability as the innovation of the new frontier. The smaller companies have a very little organizational slack. The NBSs report of the year 2013, Innovating for sustainability, and threw light on some of the ways following which the impact of the companies could be reduced on the environment and it would create the social change that could benefit the business and re-imagine the models of the business. The report states the trends that exist in the emerging economies or in the unrelated businesses, initiate the partnerships and drive innovation. 8. Incorporation of the social license so as to operate into the business strategy: the community members must let the company operate in their region. The maintenance of the social license could help the managers in ascertaining the frame of the sustainability as the way of managing the risk and creating of the efficiencies. 9. Mitigating and adapting the changes in the climate: the first issue that was brought to the notice of the leaders was the changes in the climate. The impacts of the physical changes in the climate will go on to redefine the industries such as the agri food, tourism and insurance. The climate changes is defined as the signs of the global warming that has been caused by the human generated greenhouse gases which is not an isolated issue any more. 10. Reducing the burden of sustainability reporting: it has become apparent that the companies spend a huge amount of time and resources in organizing the sustainability programs. And also requires an investment in the human resources and this amount of resources sent could be used to reduce the impacts on the environment. The companies therefore must call its investors and the third parties and create a streamlined reporting method. (Business journal, 2015) There are seven components necessary to ensure a sustainable organization. Organizational Identity Vision; Mission; Values; Branding; Messaging; Strong Leadership Financial and Other Systems Administration Budget; Cash Flow Analysis; Audit; IRS Reporting Long-Range Strategic Plan Goals; Objectives; Benchmarks Long-Range Fund-Raising Plan Needs and Resource Assessment; Donor Cultivation; Grant Writing Annual Operational Plan Objectives, Activities Timelines; Staffing; Program Needs; Committed Resources Board Development Plan Needs Assessment; Evaluation; Recruitment; Orientation; Maintenance/Team Building Staff Development and Organizational Culture Needs Assessment; Evaluation Review; Training; Team Building (Advocates, 2015) Balance score card as the performance measure: The balanced score card is the strategic planning and the management system that is used exclusively for the business and the industry and for the non-profit organizations. These are used to align the activities of the business to the visions and the strategy of the organization. This also entails improving the internal and the external communications and monitor the performance of the organization as against the strategic gaols. (Balance score card, 2015) The balance score card could be used for predicting the future and the financial accounting metrics that was lagging and these could be used to provide an insight into the effectiveness of the previous strategies and the decisions that re yet to be limit the abilities of the managers to anticipate the events of the future. (Imanet, 2015) Conclusion: The sustainability performance indicators are used as a toll for measuring the performance of the company and for monitoring the performance and reporting on the future progress of the company. These indicators are covered in the areas of economic, environmental and the societal aspects of sustainability. The key performance indicators are the economic performance indicators, social performance indicators and the environmental performance indicators. It is very important for each and every company to contribute towards its environment so as to make its place in the society and attract more investments. References: Advocatesforyouth.org, (2015). The Seven Components of Organizational Sustainability. Retrieved 30 January 2015, from https://www.advocatesforyouth.org/publications/publications-a-z/612-the-seven-components-of-organizational-sustainability- Balancedscorecard.org, (2015). What is the Balanced Scorecard? Retrieved 30 January 2015, from https://balancedscorecard.org/Resources/About-the-Balanced-Scorecard Ey.com, (2015). The Value of Sustainability reporting. Retrieved 30 January 2015, from https://www.ey.com/US/en/Services/Specialty-Services/Climate-Change-and-Sustainability-Services/Value-of-sustainability-reporting Imanet.org, (2015). Sustainability and the Balanced Scorecard: Integrating Green Measures into Business Reporting. 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