Initial Public Offering Paper Essay Example | Topics and Well Written Essays - 500 words

Initial Public Offering Paper - Essay Example In this case, even after the IPO, Del-Ta Engineering is still the controlling shareholder by virtue of its shareholders agreement with David Rivel (Initial Public Offerings (IPO): RRSAT Global Communications Network Ltd. n.d.). IPOs have positive initial returns on average. This is the phenomenon of underpricing (Ross, Westerfield, and Jaffee, 1996). For example, at start of the first day after the RRSat Global Communications Network Ltd., the shares were 12.16% [($14.02 - $ 12.50)/$12.50] above their initial offering price. At the end of the first day, the shares were 20.24% [($15.03 - $ 12.50)/$12.50] above their initial offering price (RRSat Global Communications Network Ltd. n.d.). The present value of the first three payments comprises a significant portion (20.73%) of the price of stock. This can be explained by the time value of money. A dollar now is worth more than a dollar in the future. a. High-risk companies. High-risk companies are expected to distribute a relatively low proportion of current earnings and have a relatively low PE ratio. A high-risk company is likely to retain more of its earnings as the probability of bankruptcy is higher.

The Governments’ Responsibility Essay Example for Free

The Governments’ Responsibility Essay Whether or not rich countries should help poor nations by providing food and education has long been an issue. Others go against such act of charity arguing that it is the poor countries’ governments’ full responsibility. I say, charity is good, but governments should not rely on it. Rich countries like Japan, Australia and the United States (to name a few) have been sending volunteers to aid poor and developing countries like the Philippines. Indeed, they have done much to improve the lives of the people in these countries. However, eventually, the governments of these countries tend to pass on the responsibility of taking their citizens’ welfare into the hands of the wealthy. Somehow, they forget that it is their task to uplift the lives of their people. And, rich countries are not required, whatsoever, to lend assistance. However true this may be, human nature still rules. Because we are not made to live by ourselves, we reach out to our less fortunate brothers and sisters. This is made even more possible through the United Nations Organization which brings every nation, rich or poor, closer. Through the UNO, rich countries send assistance to poor and developing countries by sending basic needs such as food, clothing and education. True enough, economic conditions of benefiting countries have alleviated. Nevertheless, the effort should not be one-sided. National governments should always see first-hand the welfare of their people. Seeking for aide should not always be the option. For the betterment of the nation, governments should inspire the people to help themselves by providing employment opportunities for basic needs to be met. The government should come up with programs to provide free education, so that their sense of pride would boost up, thus, motivating them to improve their lives with the government’s assistance. To sum it up, it is basically the governments’ responsibility to bring about progress in their nation through their citizens. Wealthy nations are not and should not be required to share their wealth. Charity is an act of love, not an obligation. We can’t just rely on aides for the rest of our lives, can we?

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The Bolivarian Republic of Venezuela Venezuela is a Latin American country located in northern South America and borders countries such as Colombia, Brazil and Guyana. Venezuela became colonized in 1522 by the Spanish, who remained in power until the early nineteenth century. After the Venezuelans independence from Spain in 1821, the country experienced periods of dictatorial rule of the caudillos and revolutionary turbulence which left the country with major political instability for the remainder of the century. During the early twentieth century, authoritarianism ruled the nation until Romulo Gallegos, a leftist, became the first democratically elected president in 1947. Within the year, Gallegos was overthrown by Marcos Perez Jimenez, a military officer, who, he himself would eventually become overthrown in 1958. Upon his departure from office, civilian democracy had been restored with the election of Romulo Betancourt. Until the latter end of the twentieth century, Venezuela had generally remained a politically peaceful country. However, in 1989, Venezuela experienced a period...

Benefits to the family, school, and community of school age program

Schools are seen to have natural intervention vehicles that many health programs for children can fit. Today schools are used as venue for influencing healthy habits in children. Healthy living values, skills, and actions that promote healthy living and healthful behaviors of children are now being integrated in school age programs. Healthy living is essential to children’s effective living and learning. Accordingly â€Å"getting children started early in the habit of healthy living will benefit them throughout their lives† (Breithaupt, 2004).A healthy lifestyle helps children achieve their full physical, mental, social and emotional potential. Age-appropriate recreational activities in the school like camping, ball games, and physical exercise are considered to be constructive and developmental vehicles for children’s physical and social-well being that enhance a balanced and healthy living. School age program adopting healthy living has indeed a positive impact to the family, the community, and the surrounding organizations. The promotion of healthy living in school helps parents accomplish their primary responsibility to raise their children in a healthy way.Its re-assuring effect offers them degree of flexibility and enables them to work and conduct other activities away from their children. Parents become more effective and productive in their work. The children’s healthy learning experiences in school help eliminate parents’ anxiety of the well-being of their children. Further, the effect of the promotion of healthy living in school makes the school environment safe and conducive to healthy living for everybody and its impact goes beyond the classroom, the school, and the family as it also benefited the community and the surrounding organizations.The healthy living values, skills, and behavior of children learned in school can help improve the quality of life in the community reducing the risks of health-related problems and anti-social behaviors, and give assurance of a healthy adult population in the future. The surrounding organization will have also a reduced budget for medical and healthcare programs, thus allowing them to create other developmental programs for the community. Reference List Breithaupt, G. (2004). Healthy living early benefits children. Mount Vernon News. Retrieved January 27, 2007 from http://www. mountvernonnews. com/local/06/03/04/fitness. html.

Environmental Science Essay

Gagandeep Rai Period 3/4 Criteria air pollutants assignment​ Multiple Choice 1. A pungent reddish ­brown gas often associated with photochemical smog. (C) NO2 2. A corrosive gas from burning coal often associated with industrial smog. (d) SO2 3. A dangerous indoor air pollutant. (A) CO 4. Emitted from diesel and burning fuel. (E) PM10 5. All of the following are examples of primary air pollutants except. (c) tropospheric ozone 6. The greatest emission of sulfur dioxide comes from (C) Industrial processes 7. The least amount of nitrogen oxide emissions comes from (A) on ­ road vehicles 8. The accumulation of tropospheric ozone at night depends mainly upon the atmospheric concentrations of (B) volatile organics 1. What are they? The six criteria air pollutants are sulfur dioxide, nitrogen oxides, carbon oxides,lead,particulate matter and tropospheric ozone. These six pollutants significantly threaten human health, ecosystems and/or structures. 2. How is each produced? Sulfur dioxide is mostly produced from the burning of fossil fuels like coal and oil. It can also be released during volcanic eruptions. Nitrogen oxides are produced from vehicles as well as stationary fossil fuel combustion. Some is also released through lightning and forest fires.Carbon monoxide is formed by incomplete combustion of most matter. Vehicle exhaust and many other combustion process produce Carbon monoxide. It is also a indoor pollutant when exhaust systems on natural gas heaters misfunction. Carbon dioxide is produced from complete combustion of most matter such as biomass and fossil fuels. Particulate matter is released when fossil fuels and bio fuel is burned. Also it is released with activities that involve movement of dust or sand. Lead is released from old paint, gasoline additive and combustion of fossil fuels.