Shares and Joint Stock Companies in the New Economic Model Essay Example for Free

Shares and Joint Stock Companies in the New Economic Model Essay Introduction Good morning, dear colleagues. I’m glad to see everyone here. Thank you for your coming. Let me start by introducing myself. My name is Elena Torlopova. I’m a freshman of the State University of the Ministry of Finance of the Russian Federation. I study at the department of the international economic relations. My aim for today’s presentation is to give you information about Shares and Joint Stock Companies in the New Economic Model I plan to be brief. My presentation will last only 5 minutes. As you can see, my presentation is divided into 3 main parts. At first I would like to give you the basic concepts and characteristics of joint-stock companies. Then I would like to take a look at benefits and lacks of joint stock companies. Lastly we are going to discuss the definition of blue chips and consider a situation where they are used. Please interrupt me if there is something which needs clarifying, otherwise there will be time for your questions at the end of my talk. The main information about joint stock companies Joint-stock company (JSC) is a company, the authorised capital of which is divided into a certain number of shares owned by shareholders. Shareholders bear no responsibility for its obligations and run the risk, within the value of shares belonging to them, of losses associated with the companys activity. A joint-stock company in which shares can be  traded freely and which may have unlimited number of shareholders is an open joint-stock company. A joint-stock company which shareholders have a pre-emptive right to buy shares sold by other shareholders is a closed joint-stock company. Such a company has no right to hold a public subscription to its shares or for that matter offer them for sale to the general public. Advantages and disadvantages of joint stock companies The company provides so many advantages that it is widely popular all over the world. The main advantages are: Huge resources A company can raise large amount of resources from the genera public by issuing shares. Limited liability The liability of the shareholders is limited to the extent of the face value of the shares held by them or guarantee given by them. Diffused risk The entire business risk of a company is distributed over a large number of shareholders. Thus, the risk is reduced for each shareholder. Despite the above advantages, the company form of organisation also suffers from certain demerits. Oligarchic management It is controlled by a small group of Board of Directors who hardly protect the interest of other shareholders. Lack of secrecy It is very difficult to maintain business secrecy in a company because of every business strategy is discussed in the meeting of the Board of Directors and the annual accounts are published and compliance to Government. Fraudulent management The directors and managers may function for their personal gain overlooking the interest of the company. â€Å"Blue chips† Blue chip stock constitute shares or securities of large reliable companies with stable indices derived from income and dividends paid. In essence, the term blue chip is employed in the stock markets by analogy to describe the actions of well-established entities. The term was coined by Oliver Gingold of Dow Jones Company in 1923. It is reported that  the term was born when Gingold was taking note of several businesses with shares priced at $ 200 per share or more. And went on to indicate intentions of writing an article about the blue chips. Thus the term was born. Typically, blue chips are indicators of the overall market. Blue chip shares are the most liquid securities market. The list of blue chip stock changes periodically, but there are always those that manage to stay on top for years. Examples of the western blue-chip companies are Apple, IBM, The Coca-Cola Company, Ford, Google, etc. In Russia blue chips occur mainly in the oil, gas, energy and telecommunications companies. In particular, the blue chips include such companies as Gazprom, Lukoil, Norilsk Nickel, Rosneft, Sberbank, Rostelecom, RusHydro, Polyus Gold, etc. These companies typically have leading positions in the RTS and MICEX. As you can see on the pie chart 15 percent of blue chips belong to Gazprom. It means that Gazprom shares are the most liquid in terms of sales and account for 15 percent of the total trading volume on the market. The second largest sales shares owned by Lukoil. They constitute 14, 02% of total trading in the market. Sberbank is the third after a Gazprom and Lukoil amounts to 13.88% of sales of its shares on the market. Norilsk Nickel and Rosneft makes 7.56% and 7% of sales in the market, respectively. And finally Surgutneftegas and VTB Bank constitute 4,82% and 4,28% of sales in the market. Thus the total weight of seven securities in the index is 67%, which implies that it is these securities provide direction and determine the dynamics of the Russian market as a whole. Conclusions We gave the definition of the concept of joint-stock company and it basic characteristics. Then we looked at the advantages and disadvantages of joint stock companies. And in the end we discussed the stock market, and specifically the blue chips and looked at the dynamics of the sales of seven major blue chips Russia. So, in conclusion I would like to say that joint-stock form of entrepreneurship plays an important role in the formation of normal conditions of operation of enterprises, allows shareholders to raise funds for its activities, and each worker can become the owner of the company, through acquisition of shares, each shareholder reduces the risk of losing a significant amount of money (each at risk only to the extent of its sum shares) allows you to work more efficiently, since  all are interested in making profits and dividends It should be emphasize once again that the joint stock company is a unique form of collective ownership of the implementation, where everybody i nterested in the results of its operations. Bibliography * http://en.wikipedia.org/wiki/Joint-stock_company * http://en.wikipedia.org/wiki/Blue_chip_(stock_market) * http://www.bukisa.com/articles/444625_basic-overview-of-blue-chip-stock

The Introduction to A Day in the Life of Jane :: essays research papers

The discomfort of the hard seat I was perched on, and the stiffness in my lower body, caused me to wake suddenly. My eyes jolted open to reveal a coach full of rowdy strangers. The noise of the people around me made my ears unpleasantly shriek, my mind full of frustration. I tried to disconnect myself from the world around me, covering my ears with my warm, soft hands. My mind wandered back to the world of tranquillity and peace where I had previously been, urging me to stay there forever. I could feel the warmth of the sun glaring on my face. My cheeks felt cleansed from the combination of the heat and the regular dose of gentle breeze streaming through the partly opened window. However, the echoes of laughter and the cries from those around me crept into my world of calm, forcing my eyelids to drift apart once again. This time I decided not to close them. I looked around me, thinking of the day ahead. I felt excited, although quite nervous about the protest I was about to become a part of. I wondered if it would be similar to the one that was held in Birmingham, the preceding year. I had enjoyed that immensely, knowing that I was part of something that could change people's lives, people's undecided futures. The protests were arranged by an organisation called Jubilee 2000. There aim was to try and persuade developed countries to cancel the huge debts owed by poorer countries. Every year a human chain was formed around the location of the G8 summit, to try and get leaders of the richest countries of the world to 'drop the debt'. My mother gently snored beside me, her chest expanding and deflating like a balloon. Occasionally her body twitched, gently touching my side. I turned myself casually to face my father, who was predictably awake, already enthralled in the train magazine he was reading. These magazines were his only accustomed reading material, and unlike him, I claimed that they were undoubtedly 'boring'. However, what could one expect from a man who spent his teenage years pacing station platforms, bracing himself for the next arrival. Dad saw me peering at him through my tired, puffy eyes and sang his normal daily rendition of "Good Morning Paino!" wide eyed, and abnormally cheery.

6 Negative effects Of Eating Fast food Essay

1. Junk food has an extremely high power density. About 65 percent greater than a standard diet as well as twice up to recommended wholesome diets making us eat a lot more than we or else would. Energy density describes the quantity of calories a product of meals contains with regards to its pounds. Foods having a high power density mistake the brain’s manage systems with regard to appetite, that are based exclusively on part size. 2. British researchers in the Medical Investigation Council Human being Nutrition Center and also the London College of Cleanliness and Exotic Medicine possess determined which repeated consuming at McDonald’s or even KFC or even Burger Full, people may gain weight and be obese. The reason being fast food not just contains a lot more calories compared to traditional meals, but is also prone to undermine regular appetite manage systems. 3. By eating a large Mac as well as fries, your body consumes almost two times as many calories while you would should you ate exactly the same weight associated with pasta as well as salad. Junk food restaurants give food to the being overweight epidemic through getting individuals to eat a lot more calories than they require through continual advertising. See more: Basic Economic problem of Scarcity Essay 4. McDonald’s, KFC, and Hamburger King menus items utilizing nutritional data in the fast meals restaurants’ Internet sites, found that after we consume high power density meals, we don’t slow up the portion dimension so all of us get much more calories than we want. Our present society offers a fragile innate capability to recognize foods having a high power density. Food consumption is evaluated by how big the part, yet an easy food dinner contains a lot more calories than the usual similar sized part of a wholesome meal. The summary is we all have been being misled into eating an excessive amount of food. 5. Individuals get body fat eating normal portion dimensions, but because the food includes a high power density, people put on weight. In evolutionary conditions, the human being appetite was created for low power density meals. In other areas of the planet where these food types are nevertheless the nutritional staples, being overweight is practically non existent. Our physiques were in no way designed to handle the higher energy thick foods consumed within the West. That’s a major reason fast meals in adding to the main rise within obesity. 6. Another truth is that junk food may accelerate people’s danger of blocked arteries that can result in heart episodes. Researchers in the Veterans Administration Clinic in Bay area have demonstrated that the certain kind of fat, known as oxidized body fat, can speed up the accumulation of plaque within arteries.

Achievements of William Wilberforce Essay

William Wilberforce’s greatest and most important political achievement was his long but successful fight to end Britain’s involvement in the slave trade. He used his position as a spokesperson for the abolition movement and was the first member or parliament to raise the issue in the House of Commons. His abolition bill was finally passed by parliament in 1807, but his battle to change the law was not an easy one. Wilberforce tried and failed several times before the bill was finally passed. William achieved the abolishment of the slave trade, with the passing of the bill, in 1807. He remained concerned about the many people still held in slavery and carried on his campaign until the bill outlawing slavery in Britain and all its colonies was passed in 1833 – just days before he died. Wilberforce also devoted himself to other causes and campaigns such as the limiting of the hours children should work. Like Elizabeth Fry, he also fought for improvements in England’s prisons. He appealed for amendments to the poor law (to improve the conditions for the poor) and in 1796 became a founding member of the ‘society for the bettering condition and increasing comforts of the poor’. This organisation worked to reform parish relief and workhouses for the poor and improves their general living conditionsIn October 1784, Wilberforce went on a tour of Europe which changed his life and his future career. He travelled with his mother and sister in the company of Isaac Milner. They visited the French Riviera and enjoyed the usual pastimes of dinners, cards, and gambling. In February 1785, Wilberforce returned to England temporarily, to support William Pitt’s proposals for parliamentary reforms. He rejoined the party in Genoa, Italy, from where they continued their tour to Switzerland. Milner accompanied Wilberforce to England, and on the journey they read The Rise and Progress of Religion in the Soul by Philip Doddridge. The abolitionist Thomas Clarkson had an enormous influence on Wilberforce. He and others were campaigning for an end to the trade in which British ships were carrying black slaves from Africa, in terrible conditions, to the West Indies as goods to be bought and sold. Wilberforce was persuaded to lobby for the abolition of the slave trade and for 18 years he regularly  introduced anti-slavery motions in parliament. The campaign was supported by many members of the Clapham Sect and other abolitionists who raised public awareness of their cause with pamphlets, books, rallies and petitions. William’s best and most important political achievement was to abolish the slave trade in the British Empire. His abolition bill was finally passed by parliament in 1807, but his battle to change the law was not an easy one. Wilberforce tried and failed several times before the bill was finally passed. http://justus.anglican.org/resources/bio/214.htmlhttp://www.britannica.com/EBchecked/topic/643460/William-Wilberforcehttp://satucket.com/lectionary/William_Wilberforce.htmhttp://www.mylearning.org/jpage.asp?jpageid=690&journeyid=189

Freedom of speech, religion and religious tolerance

Freedom of speech, religion and religious tolerance Freedom of speech is the liberty granted to individuals to express themselves freely without any censorship. However, the very rights are subjected to certain limitations such as slander, libel, incitement, obscenity and an intention to commit crime. The discussion on Phoenix pastor who is wishing that President Obama would be dead provides a concise example on the practicality of religious tolerance and freedom of speech.Advertising We will write a custom essay sample on Freedom of speech, religion and religious tolerance specifically for you for only $16.05 $11/page Learn More It is profound to underscore the fact that both the Phoenix pastor and President Obama have express right to freedom of expression as stipulated in Universal Declaration of Human Rights in article 19. Therefore, the pastor has the right to freely express himself and he should not be censored on the same ground. As stipulated in Article 19 of the Universal Human Rights Declaration, th e pastor has the right to share ideas and information of all kinds regardless of the periphery involved and in this case, he should not be criticized on the basis that he made the remark against the president of United States of America. On the other hand, the pastor had no right to censor Obama bearing in mind that every individual has the right to exercise his or her freedom of expression. However, due to the fact that the pastor used discriminatory remarks that could result into incitement and hate speech, it can be argued that he was not justified at all by wishing for the death of Obama. As a matter of fact, even though freedom of speech and expression is guaranteed to all individual, it may not be good taste to openly make such remarks in public both from religious and political points of view. Furthermore, it is prudent to observe that no single religious code of ethics or principles would permit such utterances at any given time largely due to the fact that it does not promo te peaceful co-existence among people, the latter being a core value in religion. Therefore, the Phoenix pastor is unjustified. We can also argue that to some extent, he abused the freedom of religion, freedom of speech and religious tolerance as laid down in the United States constitution (Ontario consultants on religious tolerance par. 1). In a more critical analysis, the pastor is wrong because there should be a sensible balance when exercising freedom of speech, freedom of religion bearing in mind that religious tolerance should be firmly in place regardless of faith one professes to. In addition, religious freedom of an individual has no impact on the freedom of speech of another person. Therefore, even though the pastor has the right to exercise his religious freedom, he has no right to interfere with the freedom of Obama in any way. The pastor had no authority or constitutional right to incite his congregation against the United States President even though the latter had com mented and apparently gave a nod to contentious debate surrounding abortion.Advertising Looking for essay on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Moreover, there is need to censor speech on religious issues because individuals have different faiths and hold varying views on certain religious aspects. As a result, the comment made by the pastor was wrong on the basis that he did not merge his religious difference with that of Obama in a tolerant manner but instead tried to suppress the discourse of the speaker. Hence, it was erroneous for him to condemn Obama and wish for his death because he too has the right to speech and religious freedom (Anon par 4). In a more vivid way, it is also prudent to mention that the very constitution protects the rights of every individual regardless of their political or economic backgrounds. As a president, Obama is also protected by the very constitution irrespective o f his religious affiliation or personal take on some matters. If such level of condemnation is permitted in our society and especially at the level of religion, then it may be a real recipe for religious conflicts. The former United States President, Bill Clinton, once asserted that the best way to practice religious freedom is to use legal mechanisms to protect individuals against hate crimes and discriminations. Hence, on this basis, the pastor was wrong even though he has the right to exercise both freedom of speech and religion, he has failed to observe religious tolerance by spreading hate crimes against Obama and other individuals who may want to express themselves freely. Furthermore, the pastor did not observe the freedom of religion when he criticized and wished Obama’s death since he abused the anti-defamation policy. Moreover, his criticism was merely as a result of discrimination on the basis that he believed certain religious group support abortion and for Obama, it was not an exception. Worse still, the pastor failed to put into consideration that religious freedom is the founding principle in United States of America. Hence, he was wrong to remark that president Obama was abusing Christian faith and therefore deserve death. He further failed to honor religious tolerance in the United States of America when he made his speech (Ontario consultants on religious tolerance par 7). Consequently, the pastor failed to use religion accordingly when he criticized Obama publicly. Religious freedom and freedom of speech should be used for purposes of uniting a nation, securing basic human rights and cultivating prosperity. In addition, the pastor demonstrated his authoritative regime by repressing the members of his congregation and their general ideas in the pretext of creating an environment that will deny them the freedom of speech and religion. Additionally, his arbitrary and coercive interference in peaceful Christian religion could possibly res ult into Christians or specifically members of his congregation becoming more resistant towards Obama’s government. His remarks could possibly result into insurgency and separatism of certain religions from the state.Advertising We will write a custom essay sample on Freedom of speech, religion and religious tolerance specifically for you for only $16.05 $11/page Learn More Furthermore, his remark could highly likely result into negative worsening international relations because he linked extremism with certain religious groups. His remark against Obama was a clear indication that he was trying to widen up the existing divide among religious organizations or groups. Moreover, his speech failed to put into consideration the importance of building common concerns and shared values of religious faith to establish foundations of everlasting peace instead of spreading hate speech against certain individuals. In summing up, it is vital to reiterate that ev ery individual has the right to speech and no religion should be constitutionally supersede the others. The fact that President Obama did not use his belief system and freedom of speech to cross into immorality by justifying hatred and intolerance, the pastor had no right or moral standing to spread hate speech against him since anyone who supports religious intolerance becomes a minor among the believers and clergymen. The protests against the Phoenix pastor are a clear indication that he was indeed wrong in his assertion. Anon. Phoenix Pastor Draws Protests after Telling Church He Prays for Obamas Death. 2009. Web. Ontario consultants on religious tolerance. Religious tolerance: Abortions access all sides of the issue. 15 May, 2010. 24 Aug, 2011. Web religioustolerance.org/abortion.htm

How to Get a Scholarship for Your PSAT Score

How to Get a Scholarship for Your PSAT Score Maybe youve heard about the PSAT/NMSQT test and maybe you havent. For many high school sophomores and juniors out there, when you sit for the exam in October, you dont prepare in any way. You show up and take the test. But with PSAT scholarships on the line, thats a big mistake. Huge! Your PSAT score can earn you big bucks for college, and with rising tuition costs across the board, every single dollar you can add to your college savings account is going to help. Heres how to get a scholarship for your PSAT score that can put cash in your savings account for the university of your choice.   Get Your Name on the Student Search Service List After your guidance counselor registers you for the PSAT/NMSQT  and you take the exam on your assigned PSAT test date, youll have the option to select Yes under the Student Search Service heading when youre filling out information the PSAT test. This will allow more than  1,200 colleges, universities, scholarship programs, and educational organizations to get your information and contact you should you qualify for one of their scholarships. Some organizations who partner with the College Board, the makers of the PSAT test, are listed below. I know that signing up seems like a double-edged sword. Great! My inbox will be filled emails from colleges. However. Scholarships are  out  there and go unclaimed every  year. There is money waiting for you. Why not deal with a little bit of email for the opportunity of some cash? Plus, you can opt out the the Student Search Service any time you want. The National Merit Scholarship Program One of the scholarships available to you via the Student Search Service is the National Merit Scholarship. The National Merit Scholarship Corporation uses the PSAT as an initial screening for this award. Hence, the PSAT is the National Merit Scholarship Qualifying Test (NMSQT). Its a tough one to earn as youll need to score in the upper 95th – 99th percentile on the PSAT to even be considered, but its definitely available for those top scorers. This is why youll prepare, right? Right. Heres more information about the National Merit Scholarship.   Institutions Granting Scholarships Specifically for Minority Students There are a ton of opportunities available when you sign up via the SSS on the PSAT, especially if youre a minority student. Please remember that minority students can mean a diverse range of ideas. Some of these organizations offer scholarships to minorities outside of race or ethnicity. For instance, young women, lgbtq students, and those with differing abilities can apply, as well. Before you dismiss one of these scholarships, do your research. You may actually be able to apply to many of these institutions granting scholarships based in part on your PSAT score.   American Indian Graduate Center:  This group offers scholarships for a whole range of things: financial need, high achievement in academics (ding, ding, ding! PSAT!), involvement in the community, involvement in a tribe, diversity, athleticism, creativity, a specific field (education, engineering, etc.), and a ton more.Asian and Pacific Islander American Scholarship Fund: This institution has partnered with a ton of different organizations and businesses like The Gates Foundation, ATT, Coca-Cola, FedEx, and many more to give cash to minority students. Some of these are actually not specific  for API students! Check to see if you apply!Hispanic Scholarship Fund:  This group offers the Gates Millennium Scholarship and the HSF General Scholarship to students of Hispanic heritage. You could win between $500 and $5,000!  Jack Kent Cooke Foundation:  If youre a high-achieving student and want to attend an elite university, but dont have the funds, then this scholarship that partn ers with the College Board may be able to help.   United Negro College Fund:  Of all of the websites you should visit, this is one of the best, even if you do not identify yourself as an African American student. I searched for scholarships for Caucasian males with households earning $80-$100 K and a mid-range GPA and still found three scholarships for which this person could apply. Check it out! Practice for the PSAT/NMSQT Its not just a test. Its a means to an ends. It can help you earn the cash you need to attend school. Be smart and dont blow this one off!

Creative writing bio Essay Example | Topics and Well Written Essays - 500 words

Creative writing bio - Essay Example The reason for this is that they produce the best steel in the world. After we import their steel, we produce ovens, pots and other kitchen supplies from them. I hope I will be able to succeed and take our business to the next level in future.My Learning of Other Cultures, Global Issues, and PrejudiceI have been to China, India, Kazakhstan, Romania, UAE and many other countries. My travels helped me a lot and taught me about the different cultures and the people. I liked Hong Kong more than everywhere. This may be probably because of the people who are very helpful and are always smiling and the city is so clean proper and regular. The advantage of living in Istanbul is that the people living in Istanbul are very well connected to all parts of the world because of its geographical locations. Moreover, Istanbul is now a blend of different ethnicities and I am very proud of it. I am very open-minded and I do not possess any prejudice against any nation. I actually believe that no count ry has progressed by being prejudiced. Prejudice and discrimination is something, which I am against of always. This is because the irrational attitude and opinions about one group towards other always lead to no progress. The negative prejudices can harm an individual and may even stop the individual from providing best of his own ability. I have a very open minded towards all people and countries of the world. I think that people can progress only when they work together towards their combined success.