Essay writing school
How To Start An Argumentative Paper
Thursday, September 3, 2020
Civil War Essay Contest Example For Students
Common War Essay Contest 23.) The technique that Jefferson utilized to bring the legal executive under Republican control was first the annulment of the Judiciary Act of 1801 which would dispense with the judgeships Adams had made. The consequences of this were the Judiciary branch wound up getting equivalent in capacity to the authoritative and official branches. Due to the instance of Marbury versus Madison in which Marbury won, power was given to the Supreme Court. 24.) France came into ownership of Louisiana by method of marking a mystery settlement with Spain called the San Ildefonso in 1800. Napoleon needed to set up a domain in the new world and had dreams of France being celebrated there. 26.) The gathering in America most worried that the French had New Orleans were the Westerners. It influenced Jefferson politically by causing him to pick between the help of his kin by driving Spain to let the US utilize the entire Mississippi waterway which could begin a hard and fast war with France or he would l ose his following and become subject to exchange through the sea through the British armada. 28.) The purposes for Jeffersons reservations over the acquisition of Louisiana were that they had not yet been approved by the legislature to do as such, however he was frightened Napoleon may pull back the offer so he continued. He contemplated his questions away by discovering that his bargain making powers under the constitution advocated the acquisition of Louisiana. 30.) The response of the New England Federalists to the Louisiana buy was one of wrath. They understood that the more the nation developed and the more states which joined the association spread the force away from the central government and more to the state governments from the federalist district. Their arrangement to conquer these impacts was to withdraw from the Union and structure a Northern Confederacy however Hamilton would not join the thought and with Burr driving it he neglected to win the political race and it never worked. 31.) The conditions that prompted the duel among Hamilton and Burr were that Burr felt he lost his political decision since Hamilton had been calling him detestable among different terms. Hamilton abhorred Burr for all that he was and Burr loathed Hamilton. 37.) The territories of the Nation that upheld the ban were none. The ban crushed the American economy and there were no individuals who preferred it other than the lawmakers attempting to forestall war. he individuals who contradicted it went from vendors to ranchers to transport holders to all over. They lost immense measures of cash and their organizations plunged. They felt the demonstration was illegal. 38.) The ban influenced the appointment of 1808 by having the individuals get some distance from Jefferson where his secretary of state, Madison was chosen for President. The reaction of the new President to the political issues the ban had given was that he revived exchange all over the place however France and Britain. At th at point opened all over the place and afterward just to France. England was harmed monetarily. 46.) New England restricted the war of 1812 on the grounds that they had lost numerous fights in the New England area which humiliated them. Likewise, they were predominantly federalist and ridiculed the organization of the republicans any place they could. To block the war exertion the New England states made a show where they attempted to indeed withdraw from the US, yet it fizzled and made the Federalist party essentially cease to exist at that moment. 47.) The pioneers of New England viewed the War of 1812 as a danger to their future as a significant power in the United States since they felt that the republicans were turning out badly and would not have the option to win the war since they were politically deficient. The federalist attempted to then withdraw from the United States however couldn't get the 23 lion's share at a show and the federalist party ceased to exist. 48.) The Hartford Convention wrecked the federalist party. It attempted to make a different federalist government yet in actuality since it didnt, the federalist party ceased to exist. List of sources:
Saturday, August 22, 2020
Careers is Purposeful
As I would like to think, this course should influence from elevating improving learning abilities to really investigating professions and alternatives. As an understudy, I have felt slanted to just research professions that are to some degree identified with my learning abilities. Also, this course urges everybody to turn into the ââ¬Å"model citizenâ⬠. It coordinates my consideration from arranging my profession pathway to turn into an inside and out individual dependent on improving my shortcomings. I likewise accept that the assignments are an excess of the same each other.It would have been sensible if learning abilities and working propensities were Just in the principal unit. Be that as it may, since It has conveyed right to the coming full circle, I have frequently wound up returning to my past assignments and rehashing portions of my answers. For example, I loved having a Doctor Issues returned to however the outcomes were a long way from promising. I comprehend that i t's an online course, yet what amount are you going to change your points of view about what you believe Is a ââ¬Å"good pathâ⬠In about a week?To Improve this course, I would propose concentrating on more post-auxiliary choices that are accessible to us. I found the idea of co-pop projects and apprenticeship programs befuddling. The sites I found didn't unmistakably disclose how to concern them and what you can do after that. Despite the fact that I thought It was advantageous to analyze the experts ND cons of school and college, I felt that the Information relating to degrees and other Information was missed. In particular, advising understudies to examine a vocation of Interest Is not as accommodating as mentioning to us what we can do with each degree.Whilst we will pick our college In the up and coming years, It would have been helpful to give us tips on what to search for while picking a college. With the end goal of self-guideline, the Careers course has worked admirabl y. In any case, as far as helping me with my vocation choices and pathway, It has not been as deliberate as It could have been. Assignments Like Planning All Possible Pathways are brilliant assignments to help understudies with the profession arranging. I imagine that If this course Implements a portion of my Ideas Like this, at that point It can be progressively deliberate and beneficial.Careers is Purposeful By armillary learning aptitudes and working propensities were Just in the principal unit. Be that as it may, since it has points of view about what you believe is a ââ¬Å"good pathâ⬠in about seven days? To improve this what you can do after that. Despite the fact that I thought it was valuable to look at the upsides and downsides of school and college, I felt that the data relating to degrees and other data was missed. In particular, advising understudies to inquire about a vocation of intrigue isn't as useful as mentioning to us what we can do with each degree.Whilst w e will pick our college in the up and coming years, it would have been useful self-guideline, the Careers course has worked admirably. Be that as it may, regarding helping me with my profession alternatives and pathway, it has not been as intentional as it could have been. Assignments like Planning All Possible Pathways are brilliant assignments to help understudies with the profession arranging. I feel that on the off chance that this course executes a portion of my thoughts like this, at that point it very well may be increasingly deliberate and
Friday, August 21, 2020
Greek Independence
For quite a long time the Greek populace was totally under the Ottoman guideline. The Greeksââ¬â¢ autonomy from the Ottoman Turks in 1830 didn't come without hardship and languishing. A few different nations including Russia and France favored one side with Greece during this battle as they felt close and associated with their way of life. A multi year war was battled which in the end brought about the Greeks picking up freedom from the Turks. During this time, the Greeks needed to keep up high assurance and a solid demeanor to be as effective as they were at long last. The conditions they were under were troublesome and brutal. Numerous individuals felt as if Greece had the right to split away from the Ottoman Empire, yet some accepted that the Turkish principle was not very persecuting. The vast majority accepted that the individuals of Greece had incredible character and had the right to be liberated from the ruthlessness of the Ottoman Turks. They were viewed as having solid will to be autonomous and cooperated as a nation to accomplish that objective. Their way of life still right up 'til today is being spoken to in various types of workmanship, for instance design. Itââ¬â¢s been read for quite a long time since it filled in as an establishment for a few different nations and is being kept alive, instead of overlooked. One artist, Alexandros Kalphoglou, depicted the Greeks as being illuminated, taught, balanced individuals. He proceeded to state that they were available to and tolerating of different societies. Itââ¬â¢s not astonishing that Kalphoglou wouldââ¬â¢ve felt thusly in light of the fact that he was a Greek Christian and probably would be glad for his own history (Doc 4). Thus, Percy Shelley was additionally a writer who trusted Greek culture was fundamental for every other culture to develop. She, be that as it may, was an English sentimental artist. Itââ¬â¢d be relied upon for her to adulate Greece since sentimental artists were totally supportive of the Greek transformation and freedom (Doc 7). These two werenââ¬â¢t the main individuals who had a similar perspective on the Greek Revolt. While still under the Ottoman guideline, Greek residents were dealt with unjustifiably and inadequately. Their day to day environments were precarious and were continually in change because of the monstrous defiance. The whole upset was started by the absence of help appeared by the Turkish rulers toward the Greeks. The brilliant, perky, and wonderful nearness of the Greek culture was ransacked by the Turks as indicated by Savary, a French researcher of Greek. As an individual who no doubt invested a lion's share of the energy examining Greek history, he would be slanted to regard their way of life (Doc 3). Sneyd Davis, an English essayist, talked about Athens being decayed and everything delightful that once existed there, disappearing. The occasions of what befell the Greeks under the Ottomans can be handily identified with this sonnet on the grounds that their pride in their past was reduced. Davis is another sentimental artist so I would hope to see him expert Greek upheaval (Doc 1). A lion's share of individuals were satisfied with the way that Greece gained its freedom from the Ottoman Turkish Empire. They accepted that Greeks ought to have their crafts, language, and different types of culture reestablished completely with the goal that they could recapture pride in themselves. Individuals additionally imagined that Greek unrest would bring about increasingly effective countries later on, which would be founded on Greek convention. A handout called Greek outcasts depicted the ascent of Greek precursors as saints ever. It discusses how the Ottomans may have once been at power, yet years after the fact they didnââ¬â¢t have a potential for success against the Greeks (Doc 6). Concerning Mavrocordato, it was a solid demonstration of mental fortitude for the Greeks to take their autonomy and essentially make their own administration beginning with nothing. Fundamentally, he says that they needed and made harmony for themselves, however endeavored to get to that point (Doc 10). In an etching made in 1828, called Greece Sacrificed, Regnier has delineated a scene where the Turks are assaulting the Greeks, however not effectively because of the way that the Greeks are holding their ground. Theyââ¬â¢re representing what they put stock in as solid disapproved of people in light of a shared objective (Doc 11). Albeit most would concur that the Greek upheaval was a constructive thing, there are a few people that are on the direct inverse side of things. These individuals feel that the Turkish rule was not very domineering, and that the Greeks couldââ¬â¢ve effectively remained under their influence. A Turkish ruler named Mustapha III, in 1765 made requests exceptionally obvious to the legislative leader of northern Greece to attempt to stop the rebellions being made by the Greeks. He proceeded to portray the issues that the Greek populace had been causing, for example, thefts. He felt that the Greek unrest had messed more up than it explained, and that it shouldââ¬â¢ve been halted early. On account of the way that he was a ruler of the Ottoman Empire I discover it practically clear that he was against the Greeks in their rebellions. Mustapha needed what was best for his country and individuals (Doc 2). In Vahidââ¬â¢s supposition, a Turkish representative, the insurgency of the Greeks was driven by what he calls ââ¬Ëdrunkards,ââ¬â¢ implying that he didnââ¬â¢t pay attention to the uprisings. Once more, being of Turkish government, he would support the Ottoman side of things (Doc 9). During the eighteenth and nineteenth hundreds of years Greece was headed to defy their past rulers the Ottoman Turks. Their way of life and all that they invested heavily in was useless in the Turksââ¬â¢ eyes. They believed they needed to begin an upheaval to restore the rights they merited. During this revolt, they day to day environments were not on a par with they couldââ¬â¢ve been. Truth be told they were hard to manage, however this had just been a little obstacle for the Greek populace who was resolved to pick up autonomy. Nothing could hold them up, as they were a brave, gutsy country. At long last, in the wake of enduring nine years of estranging war and unfairness, the Greeks picked up their autonomy from the Ottoman Turks and began to make a legislature as a bound together nation.
Monday, June 15, 2020
Growing Up In A Big Family - Free Essay Example
I wonder what it would feel like to own something without it going missing after the third day. I wonder what it would feel like not to fight over a seat at the dinner table, or the last dinosaur chicken nugget, or who used the last of the hot water. I often have to wonder what these simple things would feel like if I didnââ¬â¢t grow up with four older brothers, and two older sisters. Often it was a battle over all of the little things in life, but these moments of my childhood that had once drove me crazy, now are the things that I appreciate the most. We are definitely a very close family; Meghan, Ryan, Matt, Chris, Chris, Nicolette and I, and yes, I did say Chris twice. That is one of the many questions I recieve on a daily basis when talking about my family. ââ¬Å"So, you have two brothers named Chris?â⬠or ââ¬Å"Wait, so are they your step brothers?â⬠. These questions in particular are the ones that are difficult to explain, especially when I explain that they are my half-brothers. People often try to tell me then, that ââ¬Å"they dont countâ⬠, but one thing I learned from each one of my siblings is that whether they are step-siblings, half-siblings, or just your plain old brother and sister, it isnt the textbook definition that matters, what matters is the way that they treat you, and each one of them treated me no different than they had ever treated each other. All six of them individually shaped me into the person I am, and showed me the type of person I wanted to be. Another question that I receive all the time is, ââ¬Å"What is it like growing up in such a big family?â⬠. A huge part of it is that I was rarely ever alone. I can remember a very few amount of times that I actually had the house to myself growing up. People were always coming in and out of my room, or at least yelling about something right outside my door. I became so accustomed to having this full house that when it came to my junior year in high school, and all six of my crazy brothers and sisters were living on their own in Brooklyn, Connecticut, or even right around the block, that there was an uncomfortable amount of quiet in my house. And I absolutely hated it. I no longer had any of my sisters clothes to pick from, or anyone to annoy by standing in front of the TV. I came to appreciate each of them more and more with each quiet day at the house. I missed the craziness. There were many downsides to growing up in such a big family, but the upsides? There was always someone to play with, and always someone to look to when I had a problem. Sometimes, I wouldnt even have to ask, I would just think to myself, ââ¬Å"What would my brother do?â⬠. They taught me responsibility, they taught me how to care for someone, they taught me how to focus on the things that matter, and most importantly, even when I didnt want to hear it, they always told me when I was wrong. I hope I am lucky enough to say that I have a little bit of each of them mixed into my personality. Luckily I had these six people to teach me the most important lessons in life. I learned that it is we, not me. I learned that we all look out for each other without even knowing it, I learned sacrifice, and I most importantly learned that family is everything. Moments like playing the ââ¬Å"run and tackleâ⬠game that we made up in the basement, or laying on the couch all squished watching Christmas movies, are the moments that make you realize that all the bickering, and all the crowded rooms make it all worth it, and make me smile from ear to ear, that Im not an only child. And I wouldnt give that up for the world.
Sunday, May 17, 2020
Wednesday, May 6, 2020
The Arab War - 1716 Words
Arab soldiers who crowded into the temple cheered and fired their guns into the temples ceiling in celebration. The fervor of Christians and Jews in the world over such a holocaust brought people to assemble at their Capitols to demonstrate for war against the united Middle East nations. The superpowers came to devise plans to retrieve their gold and to end the slaughter of Jews. Every conceivable threat was transmitted to the Arab leader via media services who carried telecasts of the mounting agitation. Though no final decision or formal declaration of war was announced, the superpowers with smaller countries, mobilized their armies to prepare for what appeared inevitable. Each day, the Mediterranean became a floating carpet of deadâ⬠¦show more contentâ⬠¦Thus, the Arabs will take care of the Arabs, and the world will shut up and mind their own business. As for the gold, we will help ourselves to every ingot. The gold will be our recompense for the injustice done to us. We will also be keeping the oil. If you care to have our oil, I will advise you to abide by my wishes. I will not tolerate foreign armies treading on our land. Take a good look at this nuclear device programmed to listen to my voice. You better pray nothing ever happens to me. Should anyone tamper with it, they will never know what hit them, for the bomb will detonate. I will have no hesitation in blowing up this precious temple with all Jerusalem if I must. Should so much as one nations army enter this region, I will surely destroy this land. If Jews and Christians think anything of their holy temple and Jerusalem, they will persuade their governments to back off and cease any attempt to stop us from having our way. The Arab leader moved toward the nuclear mechanism to command it to activate. Computer, open circuits! Activate war mode, and go to red. He waited for a panel of lights to cycle and flash. A warning light turned from safe green to danger red. Release fail-safeââ¬âengage war mode to arming condition. More colored lights flashed in repetitive sequence as the computer obeyed his v oice commands. After completing its chores, the computer talked back confirming it had armed itself. It spoke in a mechanical monotone voice. War modeShow MoreRelatedArab Isreali War4432 Words à |à 18 PagesIntroduction After the Arab-Israeli war of 1948, tensions between the newly founded Jewish state and the Arab states were at an all time high, but it wasnââ¬â¢t until May and June of 1967 that tensions would turn volatile. The region was in a state of anarchy with multiple states competing for power within the region. Actions by leaders of both states made the already convoluted situation harder to interpret, and would ultimately lead to one stateââ¬â¢s action. During those months, Arab nations, more specificallyRead MoreThe Israeli-Arab Wars799 Words à |à 3 Pages Israeli-Arab wars basically refer to a series of conflict between Israel and some Arab states. These wars have been complicated or heightened by a list of factors linked to strategic, political, and economic interests in the regions of the great powers. In some occasions, people refer to the Israeli-Arab wars as hostilities caused by religious differences between Jews and Muslims (Quandt, 2013). Nonetheless, this paper will a nalyze one of the Israeli-Arab wars, the 1967 War also known as the Six-DayRead MoreThe Persian Gulf War And The Arab War1365 Words à |à 6 PagesPersian Gulf War A brief history of the middle east and the nation of Iraq prior to the Persian Gulf War will help explain why the Persian Gulf War was viewed as necessary by the allied countries. The formation of a coalition of countries, the use of innovative military equipment, and strategic military operations helped the allied forces secure victory in the Persian Gulf War. The effects of this victory and subsequent conflict have changed our world as we know it. The Persian Gulf is one ofRead MoreSyrian Arab And The Syrian War2086 Words à |à 9 PagesThe Syrian War is a worldwide issue that has dominated our newsfeeds and media outlets. Syrian Arab Republic is a small country located in the Middle East, surrounded by countries like Turkey, Jordan, and Iraq (see Figure 1.). Syria also partly boarders the Mediterranean Sea, where fertile plains and high mountains occupy the lands which were once vastly used for the countries agricultural resources. Their main source of income of Syriaââ¬â¢s trades is oil which is approximately 70% of their exportationRead MoreA Brief Note On The Arab Israeli War1203 Words à |à 5 PagesEssay Arab and Israeli Conflict The Middle Eastern area has experienced and suffered more conflict and blood shed than probably any part of the world. The Arab-Israeli war in 1948 was the first step of a century of bloody and hostile conflicts. The Arab- Israeli war was caused by a number of factors both intraregional and international, which created a catalyst of war through a complex situation. This was triggered by Israelââ¬â¢s independence declaration in 14 May 1948; in the Arab-Israeli war the victorRead MoreThe Arab-Israeli Six Day War791 Words à |à 4 PagesThe Arab-Israeli Six Day War began on the 5th of June 1967, with Israel in the position of being surrounded by extremely hostile forces on 3 sides, out numbered in troops and weapons, limited in resources, and a significant possibility of annihilation as a nation. Their selected defensive option was an extremely well planned and exactingly executed pre-emptive strike on the air and ground forces of Iraq, Jordan, Syria, and Egypt. The primary object ive was to gain early air superiority, eliminateRead MoreConflict In Israel, Israel And The Arab War925 Words à |à 4 Pagespromises of an independent state for both sides. These claims stoked nationalism on both sides. The regional arabs began to see themselves as Palestinian before arabs and the new jewish zionist movement called for a jewish state. From the end of the first world war to 1947 both groups claimed the land as their own. That was until the Holocaust. The atrocities committed in the second world war against the Jews caused international support for the creation of a jewish state. The populus opinion led toRead MoreSyrian Civil War : The Arab Springs1286 Words à |à 6 PagesComparable to past catastrophic events throughout world history, Syriaââ¬â¢s civil war began as a chain of significant circumstances which lead to eventual turmoil. Although the Arab Springs, a series of uprisings against dictators in northern Africa and southwest Asia, was the primary basis for the Syrian civil war, climate change induced drought was undoubtedly the inception that provoked the Arab Spring in Syria. Water is essential to human life aiding in agriculture production and livestock careRead MoreThe Events Of The 1973 Arab Israeli War3801 Words à |à 16 PagesThe 1973 Arab-Israeli War, also known as the Yom Kippur War was a war that was fought by an alliance between Arab nations against the State of Israel. The war was fought between the 6th a nd the 25th of October, 1973. It began as the Arabic alliance launched a surprise attack on Israeli territories during the holiest day of the Judaic calendar, Yom Kippur. Egyptians started their attack from the Sinai Peninsula on the 6th with Syria attacking simultaneously from the Golan Heights. These two regionsRead MoreSyrian Civil War : The Arab And Islam2153 Words à |à 9 PagesSyrian Civil War It has been five years since the Syrian Civil war started. Nothing has changed, Bashar Al Assad still in the presidency, innocent people are dying progressively in an enormous numbers and the world community is becoming blind, pretending it does not know what is happening in the country and still promote for a peaceful solution. Many Syrian people decided to live by leaving the country. They have been migrated to neighboring countries, in addition, the European countries
CEO Duality Impacts on Firm Performance â⬠MyAssignmenthelp.com
Question: Discuss about the CEO Duality Impacts on Firm Performance. Answer: Rational The title of the chief executive officer (CEO) and the chairman of the board is one of the most highlighted issues of corporate governance in recent years. There are so many companies in America that have a long tradition of combining the titles (dual leadership for brevity). It has been evaluated that in 1990, more than 60% off forms have dual leadership.CEO duality defines the situation where the CEO handles the position of the chairman of the particular company. However, the duality of CEO stood at a much-preferred position in the actual situation (Gangloff, Connelly Shook, 2016). It has been found by using risk metric board data that only 54% of SP1500 firms have dual leadership in 2010. This research will focus on various aspects related to the duality of CEO which may influence the performance of the firm. It will describe the various ideas in the context of better performance by having a CEO duality. Along with that, the clarification will be given to finding prove that sodal ity may influence firm in a good way rather than a bad way. It has been analyzed that CEO duality it has become general in businesses, the practice of CEO duality has come under heavy criticism. It is considered as an essential matter in corporate governance due to the position of CEO and chairman may have an impact on firm performance. There are various arguments will be made in favor of CEO duality which will refer the positive impact on the firm performance due to CEO duality (Schepker, et. al., 2017). Likewise, there will be various arguments against CEO duality asserting that it has negative impact on performance. It has been evaluated that there are various firms that transformed from dual CEO leadership structure to non-dual structure in the recent past years. There is a small number of firms has transformed in the opposite direction. The main aim of this research is to figure out the consequences of CEO duality on company presentation (Carpenter, Sanders Gregersen, 2001). M ethodology will represent the method of collected data and demonstrates various approaches to gather the data in an adequate manner. Aim of the research The main aim of this research is to discover the relationship between CEO duality and the performance of the firm. With the help of various theories, the next section reflects the literature review which mainly demonstrates on other authors' argument about the chosen topic. There are two major theories underpinning this section which are agency theory and stewardship theory. To investigate the roles and responsibility of the CEO and the Chairman of the organization. To critically analyze the main factors causing issues within an organization due to CEO duality of the firms performance. To evaluate the motivational drivers to increase the performance of the organization. To show the beneficiary point by unscrambling the functions of Chairman and The CEO of the company. Question of the research What are the theories to define relationship between CEO duality and firm performance? Is CEO duality only variable that influences firm performance? What are the roles and responsibility of the CEO and the Chairman of the organization? Literature review Corporate governance is a component of the firm that continuously receives attention and their leadership structure can be alienated into combined leadership structure and separated leadership structure. Effectiveness in monitoringmanagement could be amplified by CEO- Chairman Duality, where a single person gets position of chairman and CEO concurrently due to less contracting is required (Rashid and Lodh, 2008). The liability of a CEO in the organization is to begin the strategic plans of the company in an appropriate manner. On the other hand, the board of directors of the company is liable for running activities of the company in a way that would benefit from firmly shareholders for a long term (Krause, Semadeni Cannella, 2014). It has been evaluated that duality has been blamed for bad performance and steadily response to a change in firms. The Argument has been made CEO duality is that there will be extra cost when the profile of CEO and chairman are separated because it will be generated the monitoring cost. It has been analyzed that the advantages of monitoring can be bigger in comparison to cost in many cases. However, it is required to maintain awareness that the CEO of the company is being monitored in a sufficient Manner to make the desired incentives (Yang Zhao, 2014). Along with that, chairman defines that there will be a different cost that is Information sharing cost (when th e profile of an individual is the CEO as well as the chairman, there is no requirement to be shared compared to when the CEO and chairman are two different persons) between the Chairman and the CEO. There is an Association of incentive cost as well with a sequence maner in which CEOs are promised for the title of chairman (Lin, 2005). For instance, when the compensation of CEO is related to the wealth of firm this may be the reason for avoiding risk and in some cases, this can be a cost. The duality of CEO can also be benefited from the performance of firm due to a leader can provide a obvious direction and can be more responsible for making changes within an organization to enhance the productivity of the employees in an appropriate manner. When one person has responsibilities of the two most important position of the company, will have more extensive knowledge about the organization. Likewise, Hashim Devi, (2008), argue that the implementation of a strategic decision can be more effectively only when leaders have greater discretion. It will be helpful to overcome inertia of organization and greater discretion can be attained by CEO duality because it is able to provide a wider power base and locus of control. There are so many authors that claim that CEO utility has a unconstructive impact on firm performance. It has been stated by Kim, et. al., (2009), that the turnover of CEO to firm performance is considered inferior in the term of CEO duality. It is difficult for the board to remove the CEO that is also the chairmen of the company. In light of these drawbacks, arguments can be made in the term of separating the chairman and CEO. The function of the chairman is entirely different from the function of the CEO. The chairman is liable to make decisions regarding firing, hiring and compensation for the SEO. In case if CEO has the responsibility of the chairman, it would be very difficult to that person to ignore his or her personal interests. Kholeif, (2008), argues that the board of the company will be more efficient and effective with an independent chairman. Petrenko, et.al., (2016), also conclude that the separation of CEO and chairman is more effective. Their study suggests that, afte r having control over the various variables like firm size, costs and return on assets are higher when the position of the CEO and chairman are separated. Abdullah, (2004), emphasize that the disjointing of CEO and chairman will be the good reason to reduce the cost of the operation of the company. There result define that, the stakeholders of the company will be more protective when two functions and responsibilities of the most important profile of the company are separated. At the last, there are also researches that have been done that demonstrated that there is no important association between the status of CEO duality and performance of the firm (Krause Semadeni, 2014). There are two major theories underpinning this topic will be researched, which are the agency theory and the stewardship theory. The board of director of the organization is considered as the main monitoring device to prevent the interest of shareholder in an efficient manner. The main aim of the board is to evaluate and control the top management team and the CEO. It has been evaluated that there are so many researchers who think that boards cannot always be effective to govern the CEO in an appropriate manner when the chairman and the CEO are the same individual (Dalton Dalton, 2011). The agency theory is considered as the supposition that defines a relationship between agent and principal in an organization along with that it is liable to resolve the issues that can exist in agency relationship because of undefined objectives of the company. As per the agency theory, the partners and directors of the company are different individuals. In agency theory, directors and the sharehold ers of the company desire to prevent themselves against over Cost. The unnecessary cost that will rise out of the potential divergence of interest between the shareholders and the managers of the company are called agency cost. The main focus of agency theory is on reducing the conflict of interest between directors and representatives and enhancing the revenue of shareholders. It has been argued by Duru, Iyengar Zampelli, (2016), that the separation between the function of CEO and the chairman is integral in order to defend the interest of the shareholders. Agency theory also articulates that CEO duality is negatively connected to firm performance (Peng, et., al, 2007). It has been analyzed that the CEO duality is not able to separate the decision management and the decision control; therefore the board of the company cannot monitor and control the function of the CEO in an effective manner. Yan Kam, (2008), argue that if the CEO is also taking care of the position of the chairma n of the board, the control over the Firm by the CEO would not be very effective. The shareholders are the owners of the organization, on the other hand, the managers are considered as an agent that acts as the delegates on the behalf of the shareholders. It defines that shareholders of the company do not have direct control of the organization. It may lead the organization in the phenomenon of agency loss, which occur the situation when the management of the firm directly controls the organization unable to keep the interest of the shareholders in an appropriate manner. It is a responsibility of the CEO of the firm to implement strategic decisions and it is a responsibility of the board to rectify and monitor the decision of the CEO. Separation of the chairman is the vital aspect of the agency theory because this separation can enhance the productivity of the employee and get better the presentation of the firm (Elsayed, 2007). Stewardship theory is an substitute view of agency theory in which managers are presumed to act in their own self interests at the expense of shareholders. Stewardship theory defines that the manager of the company would act as per the purpose of the due to strong relationships between the purpose and Expectations of the company (Tang, 2017). It holds an positive view of human all managerial behavior and argues that the employee of the company are not compulsory motivated by the goal of an individual, rather than to work in the interest of their principal company. Stewardship theory suggests that the role of CEO would be more effective if the role of the CEO and chair of the board is combined (Abdullah, 2004). Therefore, stewardship theory defines the attractive and positive relationship between quality and firm performance. It is just opposite to the agency theory and support to the positive relations between CEO duality and firms performance. Stewardship theory proposes that CEO du ality has an attractive leadership structure which is able to influence the entire activity of the organization in an efficient manner. With this kind of leadership structure, the decision could be taken by an organization in a quick manner and, in consequence, lead to a best performance than those who have the different responsibilities of the two positions. This theory also supports by defining that the unity of command of CEO duality advantages for shareholders and can amplify the returns of the shareholder (Yang Zhao, 2014). The relation of duality and company performance has been studied by Baptista et al. (2011), using data of the Year 2008 in Brazil. As per the outcome of experiential study, the relation has been found in a positive way between reality and ROE (Return on Equities), which can be considered important indicator of company performance. There are the other indicators of company performance which also has been found in a positive way that is ROA (return on asset), ROC (Return on Capital), MTBV (Market to Book Value) and firm's performance. It has been stated by Gill and Mathur (2011), that the result of corporate governance on firm performance is positive which companies running there service sector in Canada. But as per the result of empirical study, there is a negative relation has been searched between the size of board of directors and the importance of the firm but there was a favorable relation between reality and value of the company. It has been found that the empirical research has also generated conflicting results on the duality performance relationship. There are so many firms in all over the world that reported a negative correlation of duality with ROE and ROI. It has been studied by Y?ld?z and Do?an (2012), that the effect of CEO duality on the performance of mutual fund companies has the positive impact. This literature reflects that due to have the information benefits over the headquarters, the firm got decentralized. It has been analyzed that the companies under US are under deep force to eliminate the CEO duality within the firm. In early 1990s, there were so many firms of U.S. that have the dual leadership structure. The ratio of CEO duality is just over 50%. With the help of exogenous shock that amplified competition, it has been found that duality firms do better than non-duality firms by more than 3% when competition exaggerates. In the case of higher information costs in the firm, the effect of dual leadership has positive effect. Conforming t o a vast literature that rivalry promotes productivity, it has been found that there are many firms which are under tariff protection before 1989, considerably decrease slack and enhance the efficient after the trade liberalization (Tin Shu, 2008). Research methods Research Methodology is significant aspects of the entire research study which explains the methods, techniques, and processes taken for the accomplishment of the research successfully. There are various designs has been take to accomplish this research. Descriptive research, exploratory research, and explanatory research are involved in this design. These designs fulfill the different purposes. The role of descriptive research is to facilitate in discussing the theoretical data which is the topic of the research. The exploratory design facilitates in linking the cause and effect of the research topic. On the other hand, explanatory research design is effective to explain the topic in effective manner by taking help of its factors. The research is based on exploratory research in which various factors related to CEO duality impacts on firm performance have been discussed which are responsible to increase the cost of the operation within the firm. Research approaches There are number of research approaches to carry out the research. These research approaches can be distinguished into qualitative research and quantitative research. It is the research which has been conducted by taking help of mixed research method both qualitative and qualitative approach so that the conclusion of the research topic can be derived from the evaluation of the subjective along with the quantitative data (Peng, et. al., 2016). Quantitative approach is effective because it encompasses statistical calculations which can be done to draw the conclusions. On the other hand, the qualitative approach is more effective because it is able to attain the understanding on the underlying reasons, opinions, and motivations. Collection of data Data collection is vital components of the research. The gathered data facilitates in accomplishing the research with confirmation and offer a suitable conclusion. The resources of primary and secondary are being used in this research. The main consideration towards gather the data is secondary sources and to collect the information secondary approach has been opted. Secondary sources provide the data which is already utilized for another purpose. It can be collected from magazines, reviews, research paper, journals articles, newspaper etc. The main focus of this research is on the used articles of different authors which are facilitated to provide efficient knowledge about the chosen topic. Along with that the primary sources of data provide the fresh and first handed information which is used for first time. It encompasses statistical data, eye witness, speeches and documents which are taken in use for very first time. Primary data can be gathered from questionnaire, surveys, inter views and observations (Duru, Iyengar Zampelli, 2016). Sampling size and technique The collected data is huge so it is difficult to manage the entire data in an efficient manner within time frame. A random sampling technique has been chosen for analyzing the data in an appropriate manner because it is able to facilitate provide the solution within time frame. The random sampling method is being opted in which the group of employees has been selected for conducting the survey randomly from the whole population of the employees who are experiencing the issue of CEO duality. Research strategy It is vital for the research to be completed within time frame so that the effectiveness of this research will maintain. The research should be conducted in adequate manner for attaining the goal. A systematic approach has been chosen for executing the research in a systematic manner. It is appropriate approach which helps to gather the data in systematic way so that confusion can be away from solution. This has resulted into covering every essential aspect regarding this research without skipping out any vital activity. An action plan has been made to know the details of the various activities in systematic way. Target market Target market is the zone where information regarding to the research topic is to be gathered. It is facilitated to identify the various sources from where information has to be gathered. A mixed strategy such as combination of primary and secondary sources has been opted for this research. The information is accumulated by primary source with the help of questionnaire in which some certain questions regarding CEO dualitys impact on firm performance are formulated. It will be presented in front of employees who are facing these issues within the company. Secondary sources have been collected from the journal articles, social media, newspaper, review and other source are taken in use which is published after 2008. Choice There are various alternatives are available which can be taken in use for accomplish the task within time frame. The selection has been made after evaluating the requirement of the research program. Ethical consideration Ethical values and principles have been considered while executing the research. It is considered as an important activity to accomplish the task. Ethical values and principles have been done for ensuring the conduct of the research program within the ethical framework. The main focus of this research is to conduct this research in fair manner. Confidentiality is considered as essential way so that the important information cannot get revealed while researching. Research limitations During the execution of the research program, few issues have been found which influenced the execution process of the research program. These limitations are described below: The time limit is too short that is why random sampling technique has been chosen to implicate the research in an adequate manner by involving number of employees. There is a lack of resources which being the reason of limitation. Various resources are needed for the execution of a research program and due to lack of availability of resources influence the quality of the research. Anticipated conclusion It has been concluded that CEO dualitys impact on firm performance can be negative as well as positive terms. The main aim of this study is to measure the effect of CEO duality on the performance of the firm. For these two theories such as agency theory and stewardship theory has been taken so that the relations between CEO duality and firm performance can be analyzed in adequate manner. It has been analyzed that the negative relationship has been determined between duality and company performance. It defines that the CEO is also a member of board of director which may influence in negative manner both accounting based performance indicators such as ROE and ROA. The result of CEO duality can be benefitted if the size of firm is smaller. It has been analyzed that there will be extra cost when the profile of CEO and chairman are alienated because it will produce the monitoring cost. It has been analyzed that the advantages of monitoring can be bigger in comparison to cost in many cases . It would be possible for the organization to lead the market in efficient manner if CEO of the organization has an attractive leadership structure to attract the whole activity of the organization adequate manner. For instance, the tendency of CEO duality can boost the performance of firm in dynamic environments in the comparison of less dynamic environments. The division of the profile of CEO and the Chairman of the organization can help to monitor and control the board, but at the sacrifice of leadership and decision speed. It has been anticipated that the CEO duality can put impact in positive manner as well if the person who holds both position is responsible towards his duty. Personal interest is only cause which may lead an honest person in unethical way. That is why it is necessary to do job in perfect manner by being unbiased. It has been expected that the neither agency theory nor stewardship theory alone can defines the duality?performance relationship. The empirical evidence has suggested that the bonding between CEO duality and accounting performance is reliant on the existence of the control factor. CEO duality is considered as better for non-family firms, on the other hand, non-duality is considered as better for family controlled firms. References Abdullah, N.,S. (2004). Board composition, CEO duality and performance among Malaysian listed companies.Corporate Governance: The international journal of business in society,4(4), 47-61. Baptista, M.A.A., Klotzle, M.C., Melo, M.A.C. (2011). Ceo Duality and Firm Performance in Brazil: Evidence Brown, A. B., Davis-Friday, P. Y., Guler, L. (2011). Economic determinants of the voluntary adoption of clawback provisions in executive compensation contracts.SSRN eLibrary. Carpenter, M. A., Sanders, W. G., Gregersen, H. B. (2001). Bundling human capital with organizational context: The impact of international assignment experience on multinational firm performance and CEO pay.Academy of management journal,44(3), 493-511. Cengiz, M., Dogan, A., Ozyigit, G., Erturk, E., Yildiz, F., Selek, U., Zorlu, F. (2012). Comparison of intracavitary brachytherapy and stereotactic body radiotherapy dose distribution for cervical cancer.Brachytherapy,11(2), 125-129. Chin, S. F., Tang, K. B., Ahmad, A. C. (2017). Financial restatement and firm performance in family controlled and CEO duality companies: evidence from post 2007 Malaysian Code of Corporate Governance. InSHS Web of Conferences(Vol. 34). EDP Sciences. Dalton, D. R., Dalton, C. M. (2011). Integration of micro and macro studies in governance research: CEO duality, board composition, and financial performance. Duru, A., Iyengar, R. J., Zampelli, E. M. (2016). The dynamic relationship between CEO duality and firm performance: The moderating role of board independence.Journal of Business Research,69(10), 4269-4277. Elsayed, K. (2007). Does CEO duality really affect corporate performance?.Corporate Governance: An International Review,15(6), 1203-1214. From 2008, Revista Persamento Contemporaneo em Aministracao, UFF, Volume: 11: 36-55 Gangloff, K. A., Connelly, B. L., Shook, C. L. (2016). Of scapegoats and signals: Investor reactions to CEO succession in the aftermath of wrongdoing.Journal of Management,42(6), 1614-1634. Gill, A., Mathur, N. (2011). Board size, CEO duality, and the value of Canadian manufacturing firms.Journal of applied finance and banking,1(3), 1. Hashim, H. A., Devi, S. S. (2008). Board independence, CEO duality and accrual management: Malaysian evidence.Asian Journal of Business and Accounting,1(1), 27-46. Kholeif, A. (2008). CEO duality and accounting-based performance in Egyptian listed companies: A re-examination of agency theory predictions. InCorporate governance in less developed and emerging economies(pp. 65-96). Emerald Group Publishing Limited. Kim, K. H., Al-Shammari, H. A., Kim, B., Lee, S. H. (2009). CEO duality leadership and corporate diversification behavior.Journal of Business Research,62(11), 1173-1180. Krause, R., Semadeni, M. (2014). Last dance or second chance? Firm performance, CEO career horizon, and the separation of board leadership roles.Strategic Management Journal,35(6), 808-825. Krause, R., Semadeni, M., Cannella Jr, A. A. (2014). CEO duality: A review and research agenda.Journal of Management,40(1), 256-286. Lin, Y. (2005). Corporate Governance, Leadership Structure and CEO Compensation: Evidence from Taiwan, Corporate Governance: An International Review, 13 (6): 824-835. Peng, M. W., Li, Y., Xie, E., Su, Z. (2010). CEO duality, organizational slack, and firm performance in China.Asia Pacific Journal of Management,27(4), 611-624. Peng, M. W., Zhang, S., Li, X. (2007). CEO duality and firm performance during China's institutional transitions.Management and Organization Review,3(2), 205-225. Petrenko, O. V., Aime, F., Ridge, J., Hill, A. (2016). Corporate social responsibility or CEO narcissism? CSR motivations and organizational performance.Strategic Management Journal,37(2), 262-279. Rashid, A. and Lodh, S. C. (2008). The Influence of Ownership Structures and Board Practices on Corporate Social Disclosures in Bangladesh, in Uddin, S. and M. Tsamenyi (eds), Research in Accounting in Emerging Economies, 8: 211-237. Schepker, D. J., Kim, Y., Patel, P. C., Thatcher, S. M., Campion, M. C. (2017). CEO succession, strategic change, and post-succession performance: A meta-analysis.The Leadership Quarterly. Tang, J. (2017). CEO duality and firm performance: The moderating roles of other executives and blockholding outside directors.European Management Journal,35(3), 362-372. Tin, Y. L. Shu, K. L. (2008). CEO duality and firm performance: evidence from Hong Kong", Corporate Governance: The international journal of business in society. Vol. 8 Issue: 3, pp.299-316, https://doi.org/10.1108/14720700810879187. Walthoff-Borm, X., De Beelde, I. (2015). CEO duality and apprentice successions: exploring the role of leadership structure in impression management. In38th EAA Annual Congress. Yan Lam, T., Kam Lee, S. (2008). CEO duality and firm performance: evidence from Hong Kong.Corporate Governance: The international journal of business in society,8(3), 299-316. Yang, T., Zhao, S. (2014). CEO duality and firm performance: Evidence from an exogenous shock to the competitive environment.Journal of Banking Finance,49, 534-552.
Subscribe to:
Posts (Atom)