Free Essays on Greek Art

During the old style time frame, Athenian Dominance significantly influenced engineering. The war between the Greek city-states and Persia (499-480 BCE) interfered with practically all sanctuary working for an age while the Greeks focused on reestablishing their guarded dividers, city structures, what's more, the armada. Athens rose as the pioneer, controlling the reserve of the Delian League, Panhellenic alliance; the city started luxurious program to remake the asylum of Athena on the Acropolis. The Parthenon, Propylaea, Temple of Athena Nike, and the Erechtheum were manufactured altogether of marble and intricately enlivened with cut moldings and sculpture.The designers were Callicrates and Iotinus, and the main stone carver was Phidias. A huge school of manufacturers and stone carvers created in Athens during the second 50% of the fifth century BCE. The majority of these specialty laborers were liberated slaves from the eastern Mediterranean. Maybe as a result there created in Attica a special mix of the Doric and Ionic orders found in the strengthened asylums just as in Athens. The Corinthian request came about because of long considerate wars during the fifth century BCE (Classical period). The Ionian urban areas recuperated all the more rapidly from the common war under Persian power. The huge 6th century BCE sanctuaries and special raised areas were supplanted on a more fantastic scope. A few Ionian urban communities were remade on a matrix plan that has been credited to Hippodamus of Miletus. The ascent of Macedonia and the triumphs of Alexander the Great proclaimed the Hellenistic time frame. Old structure types turned out to be increasingly mind boggling: raised areas, door structures, board houses, stoas with a few levels, and theaters with enormous joined stage structures. Numerous new structure types were presented, including the nymphaeum, amazing burial chamber, sectioned lobby, choragic landmark, clock tower and beacon. A significant number of these structures were finished with emotional marble mold. Greek modelers mama... Free Essays on Greek Art Free Essays on Greek Art GREEK ART Old Greece: A Comparative Essay Ancient Greece 950 BCE was a culture that invested wholeheartedly in flawlessness, greatness and generally speaking enormity. The individuals weren’t what today’s society would think about present day, yet of their time they were. The Greeks basically formed the innovative world with their insight in craftsmanship, engineering, and space science for some societies to come. The Romans, who asserted the Greeks advancements as their own, obliterated a considerable lot of their thoughts and works of art. Despite the fact that such a large amount of the Greeks culture has been obliterated, quite a bit of it despite everything stays inside society today. Such a significant number of parts of current life have been somehow or another, affected by the Greeks. The Greeks were a culture that strived for flawlessness, and concordance. They were intrigued with the human structure, and this is uncovered in the greater part of their craftsmanship. The Greeks were the first to glamorize the flawlessness of the human body during the antiquated period. Utilizing parity and extent they etched what they viewed as the ideal male and female structures. They considered the male the Kouros. He was considered to speak to Apollo (a Greek God) or the ideal male competitor. The Kouros was constantly portrayed bare in a contrapposto position, which means one foot before the other, and looking ahead. He had twisted hair, no eyeballs, (Greeks accepted that the eyes were the windows to the spirit) and an obsolete grin. The female figure was known as the Kore; she was an unattached completely dressed figure, typically delineated hung in gems. The Kore was significantly more energetic looking than the Kouros. She additionally had no eyeballs and the notorious obsolete grin. These two types of Greek figure alongside others can be identified with our general public today. The Kouros and Kore filled in as classical models. What the Greeks viewed as perfect body types have affected our own perspectives. Men ought to be solid and solid, and ladies energetic and sharp looking. The Kore was delineated all the more full fi... Free Essays on Greek Art During the traditional period, Athenian Dominance extraordinarily influenced engineering. The war between the Greek city-states and Persia (499-480 BCE) interfered with practically all sanctuary working for an age while the Greeks focused on reestablishing their guarded dividers, metro structures, what's more, the armada. Athens developed as the pioneer, controlling the reserve of the Delian League, Panhellenic group; the city started lavish program to revamp the haven of Athena on the Acropolis. The Parthenon, Propylaea, Temple of Athena Nike, and the Erechtheum were fabricated totally of marble and extravagantly enhanced with cut moldings and sculpture.The draftsmen were Callicrates and Iotinus, and the central artist was Phidias. An enormous school of manufacturers and stone carvers created in Athens during the second 50% of the fifth century BCE. The vast majority of these specialty laborers were liberated slaves from the eastern Mediterranean. Maybe as a outcome there created in Attica a one of a kind mix of the Doric and Ionic orders found in the invigorated asylums just as in Athens. The Corinthian request came about because of long affable wars during the fifth century BCE (Classical period). The Ionian urban communities recuperated all the more rapidly from the common war under Persian sway. The enormous 6th century BCE sanctuaries and raised areas were supplanted on a more amazing scale. A few Ionian urban areas were modified on a matrix plan that has been credited to Hippodamus of Miletus. The ascent of Macedonia and the triumphs of Alexander the Great proclaimed the Hellenistic time frame. Old structure types turned out to be increasingly mind boggling: raised areas, door structures, chamber houses, stoas with a few levels, and theaters with enormous connected stage structures. Numerous new structure types were presented, including the nymphaeum, amazing burial place, ordered corridor, choragic landmark, clock tower and beacon. A significant number of these structures were enriched with sensational marble mold. Greek modelers mama... Free Essays on Greek Art I Greek Art Presentation Greek Art and Architecture is the result of Greece and the Greek settlements from around 1100 BC to the first century BC. It has its foundations in Aegean human progress, yet its novel characteristics have made it perhaps the most grounded effect on ensuing Western workmanship. Greek workmanship is portrayed by the portrayal of living creatures. It is concerned both with formal extent and with the elements of activity and feeling. Its essential topic is the human figure, which is likewise the type of the heavenly; beasts, creatures, and plants are optional. The main subjects are from legend, writing, and day by day life. Barely any unharmed firsts of Greek design or enormous model remain, and no huge Greek canvases have endure. A plenitude of ceramics jars, coins, adornments, and diamonds have endure, notwithstanding, and alongside Etruscan burial chamber works of art, these give some sign of the attributes of Greek craftsmanship. These fortunes are enhanced by scholarly sources. Such explorers as the Roman writer Pliny the Elder and the Greek geographer Pausanias saw numerous works that have since died, and their compositions give a lot of data about the craftsmen and their manifestations. Design, painting, and enormous figure up to around 320 BC had basically an open capacity, being utilized to deliver strict items and to celebrate significant common occasions, for example, athletic triumphs. The significant expressions were utilized by private people just to enliven burial places. Enlivening expressions, in any case, were essentially for private use. The normal family unit contained various all around made painted earthenware jars, and some wealthier families had bronze vessels and mirrors. Numerous earthenware and bronze utensils joined little figures and reliefs. Greek planners for the most part worked in marble or limestone, utilizing wood and tile for rooftops. Stone workers cut marble and limestone, displayed dirt, and cast works in bronze. Enormous votive sculptures were made of pounded... Free Essays on Greek Art Old Greek Art The craft of the old Greeks and Romans is called old style workmanship. This name is utilized additionally to depict later periods in which specialists searched for their motivation to this old style. The Romans gained figure and painting to a great extent from the Greeks and assisted with transmitting Greek workmanship to later ages. Old style craftsmanship owes its enduring impact to its straightforwardness and sensibility, its mankind, and its sheer excellence. The first and most noteworthy time of old style craftsmanship started in Greece about the center of the fifth centuryBC. At that point Greek artists had tackled a large number of the issues that confronted craftsmen in the early antiquated period. They had figured out how to speak to the human structure normally and effectively, in real life or very still. They were intrigued mostly in depicting divine beings, be that as it may. They thought of their divine beings as individuals, yet more amazing and more excellent than any person. They attempted, subsequently, to depict perfect excellence as opposed to a specific individual. Their best models accomplished practically exceptional flawlessness in their quiet, requested magnificence. The Greeks had a lot of lovely marble and utilized it unreservedly for sanctuaries just as for their figure They were not happy with its chilly whiteness, be that as it may, and painted both their sculptures and their structures. A few sculptures have been found with their brilliant hues despite everything safeguarded, except the vast majority of them lost their paint through enduring. Crafted by the incomparable Greek painters have vanished totally, and we realize just what antiquated scholars enlighten us regarding them. Parrhasius, Zeuxis, and Apelles, the extraordinary painters of the fourth century BC, were popular as colorists. Polygnotus, in the fifth century, was eminent as an artist. Luckily we have numerous instances of Greek containers. Some were protected in burial chambers; others were revealed by archeologists in different destinations. The excellent improvements on these containers give us some thought of Greek artwork.

UPS Solutions Essay Example

UPS Solutions Paper What sort of Information and Services does the site accommodate people, Small Business and Large Business? Rundown these administrations. LIPS Trade Direct or Automated Shipment Processing. Clarify how you or your business would profit by the administration. LIPS gives parcel of administrations where the people, private companies or huge organizations profit by their administrations. UPS conveys bundles like sends and different reports to individuals and association all around the globe. LIPS through site gives the accompanying administrations demonstrated beneath for the people, little and enormous organizations. Data about delivery of bundles ;LIPS Trade Direct (Air, Ocean, Cross Border) ;Tracking Freight (Air, Ocean, Ground) ; Store areas Individuals The site gives part of data and administrations that are valuable for the people when they need to dispatch their sends, bundles the nation over or around the world. 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Establishing a decent first connection is simple with world-class LIPS administrations working for you. Great impressions mean more customers in new markets for your business, and quicker development around the globe. 3. Clarify how the site helps UPS accomplish a few or the entirety Of the key business goals we portray. What might be the effect of UPS s business if this site. UPS Solutions Essay Example UPS Solutions Paper What sort of Information and Services does the site accommodate people, Small Business and Large Business? Rundown these administrations. LIPS Trade Direct or Automated Shipment Processing. Clarify how you or your business would profit by the administration. LIPS gives parcel of administrations where the people, private ventures or enormous organizations profit by their administrations. UPS conveys bundles like sends and different reports to individuals and association all around the globe. LIPS through site gives the accompanying administrations demonstrated underneath for the people, little and huge organizations. Data about transportation of bundles ;LIPS Trade Direct (Air, Ocean, Cross Border) ;Tracking Freight (Air, Ocean, Ground) ; Store areas Individuals The site gives parcel of data and administrations that are valuable for the people when they need to deliver their sends, bundles the nation over or around the world. For instance if an individual needs to convey a package quickly without going to UPS and this ovule be the correct answer for the person to utilize the site. People can make a shipment, ascertain time and cost, plan a pickup and discover the UPS areas close by. 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UPS Returns Manage Returns Better and Improve Customer Experience Turn your profits procedure into an upper hand with the assistance of an industry leaderserve your clients better and make an incentive with smoothed out returns the executives and converse coordinations through SIPS, With UPS Returns, you increase more noteworthy control and perceivability, so youre never amazed by an approaching bring shipment back. That point of view can expand your effectiveness, let you respond all the more rapidly, and decidedly sway your primary concern. Your clients anticipate solid returns, and addressing their necessities can expand their dedication to your business. 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Follow these four stages: ; Choose a case sufficiently able to hold the substance. That implies it shouldnt have tears, tears, twists, or other harm. You can utilize your own crate or UPS bundling supplies Ideally, youll need to utilize another creased box. ; Select and utilize appropriate padding materials for bundle substance. Wrap things separately and encompass them with bubble sheeting and recyclable or froth free fill materials. Substance ought not straightforwardly contact

Gung Ho Film Analysis Cultural Encounters in a Globalizing World

Question: Examine about the Cultural Encounters in a Globalizing World for An Analysis of Gung-Ho Film. Answer: Presentation: Global associations attempting to arrangement a business in an outside nation face the issue of changing in accordance with the countries culture. Adjusting to a remote culture is a reciprocal procedure which means showing up at a center ground from both the outside company and the host nation, to make the procedure smooth and feasible to achieve steadiness and proficient association execution. Bargains incorporate defining a setting touchy and effective administration of human asset plan, an expert structure for goals question and transformational and discussion authority. As a result of fast advancement in globalization, much noticeable quality have earned by the worldwide administration. To improve the worldwide intensity of residential market keeping up a near bit of leeway, autonomous nations must adhere to a lot of rules set up by International exchange. Numerous nations including those from underdeveloped nations depend on FDI or outside direct speculation to make headways in the economy. Globalization opens up an open door for trade of societies while limiting the impacts of a geographic obstruction. Trouble in controlling two unique societies in a comparable workplace was depicted in the film Gung Ho (cooperating) which is a 1986 dramatization satire. The noticeable jobs in the film are Michael Keaton, who played Hunt Stevenson, and Gedde Watanabe played Takahara Kazuhiro, who attempted their absolute best to reestablish agreeable relations to moderate contrasts the two societies purchased. Stevenson assumed the liability of persuading the workforce of America to adjust to the morals and ways of thinking of Japanese work culture. On one hand he had open business, and on another had many bombed endeavors to accommodate the distinctions, the two remaining those to chip away at a common objective. They set models thus their friends began following, which they achieved in making their ideal yield. Through the case of social transparency they set, Americans comprehended the significance of cooperating and the Japanese comprehended the significance of individual life and family other than work. The film may have been a triumph however not without a lot of analysis. The shortcoming of the both the way of life is frequently brought up by pundits. Underlined were the American wasteful aspects and the vagary about Japanese. The film disregarding the analysis got basic approvals from the scholastics for depicting elements of a work culture in a multicultural situation. Executing the speculations proposed by Helen Deresky, Japanese will in general have the polychromic culture anyway the Americans have a monochronic culture. While the previous represents considerable authority in ceaseless improvement and performing various tasks, the last would will in general accepted procedures and specialization. The creator will utilize Geert Hofstede's Cultural Dimensions Theory in breaking down the film and applying the equivalent in moderating clashes emerging in present day associations to supplement the hypotheses set by Deresky. Six measured components found in principle of Hofstedes Cultural Dimension are: community versus independence, sober minded versus regularizing, limitation versus liberal, feminity versus manliness, vulnerability shirking list and force separation list. The calculability of these given focuses is fundamental for present day associations and their overwhelming reliance on quantitative pursuits and measurements. Focal points as social measurements, utilized for giving the fruitful structure to a goals of contention, compelling administration of human asset and persistent improvement and advancement for organizations having the diverse blend of endeavors. Restricting Poles: A Comparison of the Japanese and American Culture Force Distance Index From the perspective of those having a place with the lower social standings, the acknowledgment level of inconsistent force dispersion is characterized as PDI or Power Distance Index. Affected by social textures, such imbalance isn't just reasonable yet is of want by the two inferiors and bosses. Americans scored 40 in PDI, which is low contrasted with the 54 score by the Japanese in an investigation made by Hofstede. It implies the estimation of uniformity and opportunity is favored by Americans, while the request for chain of command is celebrated by the Japanese. Severe acquiescence, without reservation or questions, is depicted as a social contrast in the Gung Ho film by Kazuhiro when bosses requested him to expand profitability level to coordinate the standard of the Japanese. In favor of workforce of America there were a great deal of requests from the administration including work benefits, approved leave, motivator and extra time pay. The Americans believe that protected rig hts empower them to absolute their brain. Then again, the Japanese who underscore on positional worth perspectives it as an indication of lack of respect and counts it as a detriment to the laborers. Investment in the corporate dynamic procedure is influenced because of the absence of essence of the roads for the Japanese, and it was outlined in their powerful separation record. It was alluring for the Japanese however the Americans it was a significant infringement of work rights. The casual correspondence organize is constantly open between the representatives and business with the exception of, on occasion when sole circumspection and astuteness from top administration is required. Japanese are progressively select Stevenson while Stevenson meets laborers in tending to work concerns. Community versus Individualism Community measurement vis- - vis independence is in logical inconsistency with record of intensity separation, which is an understanding produced by the basic energy about Hofstedes hypothesis. Japanese put the premium on bunch activity and aggregate duty despite the fact that the various leveled request is given accentuation. Americans are individualistic, yet they esteem balance and transparency. Satisfaction of the work makes the Japanese work. They generally need to be the most gainful segment of the organization and in this way, they are work devoted and are inspired in improving their aptitudes. In this manner, the Japanese are faithful to their organization. Laborers and supervisors discover the achievement in like manner the companys development. As opposed to pieces and bits they see its total. Americans individualistic propensities, then again, lead them to rehearse abilities they get themselves proficient in doing as such. They look for abilities improvement, not for the companies development yet to build load of theirs progression in profession in the organization. Better pay interprets from the more noteworthy limited time part of developing mastery. The longing of higher remuneration wants their families just as for themselves. They will search for elective work if work advancement or expanded pay rates will take a great deal of time or are improbable. Faithfulness is in this way, not in the general public, general intrigue or organization but instead on singular achievement, family and calling. A scene exemplified as a social distinction where a laborer needed to be with his child looked for leave on the record of his tonsillitis expulsion system. Differ by the Japanese director saying, it will make interference the work process and mischief the companys generally speaking profitability. A scene from another delineated the distinction, where a janitor was moved from his old assignment to a similar remuneration of the janitorial position. The choice of reassigning the specialist borne out of his lack of ability about different fills in as put by the organization's administration. It is seen as an affront by the American specialist however to the Japanese, it was good. Americans being individualistic finds the exchange as an affront actually in regard to his notoriety and renown, accomplishment and his work assignment appearing of lower societal position, which to them is unfortunate. Be that as it may, it is viewed as a totality by the Japanese. They see it the exchange to the janitorial position is a proficient one. As opposed to putting a premium on singular accomplishments they put it in general on the efficiency. From the perspective on the collectivist propensity, the Japanese consider it to be an exchange as opposed to considering it to be an intend to get strai ghtforwardly terminated. All association individuals are a finished gathering and a major family to them. Finally, the division of nonconformist collectivist of the two societies was appeared as an away from toward the beginning of the film. For building up a gathering soul, morning exercises were performed when the administration accumulated the laborers. It was a chuckling matter for the Americans. At the point when Stevenson joined the laborers at last joined to perform. Feminity versus Masculinity As indicated by Hofstedes database, the Japanese being generally male-situated presentation more prominent manliness despite the fact that both are male centric. Sign in America appear to have a huge nearness in open life while the Japanese ladies had auxiliary jobs in the public arena and are for the most part constrained to family unit exercises. In the scene where Stevensons sweetheart, Audrey, chose to get a look on the companys activity, while the Japanese ladies prepared for business conversation which is guys as it were. Quite, the scene portrayed an image of the Americans arrangement of low-setting correspondence instead of the high-setting correspondence of the Japanese. Americans express their genuine thoughts, and they don't bashful from being enlightening. On the opposite side, miens, non-verbal communication and method of expressed words are accentuated by the Japanese. Social misconception manifests because of the absence of this mindfulness. Independent collectivist division is associated with the differing level of manliness of both the way of life and is a significant point woarth taking note of. The guarantee of controlling monetary recuperation of the town while being a town saint, a job wore by Hunt Stevenson. Tendency towards an overwhelming need on work and compulsiveness, are communicated by Japanese manliness. They work for extended periods of time and isn't abnormal for laborers to have 60 hours per week. Be that as it may, they consi

Role Of Options Futures Example For Free - Free Essay Example

Basel Committee that was formed in 1974 laid the regulatory framework for Financial Risk Management. (McNeil, A.J., Frey, R., Embrechts, P. 2005). Basel II (2001) defines Financial Risk Management to be formed of 4 steps: identification of risks into market, credit, operational and other risks, assessment of risks using data and risk model, monitoring and reporting of risk assessments on a timely basis and controlling these identified risks by senior management.(Alexander, C. 2005). It determines the probability of a negative event taking place and its effects on the entity. Once identified risk can be treated in following manners: Eliminated altogether by simple business practices. These are the risks that are detrimental to the business entity. Transferred to other participants. Actively managed at firm level. Market Risk constitutes of commodity risk, interest risk and currency risks. Commodity price risk includes the potential change in the price of a commodity. The rising or falling commodity prices affect the producers, traders and the end-users of the various commodities. Moreover if they are traded in foreig n currency, there arises the risk of currency exchange rate. These are normally hedged by offering forward or future contracts at fixed rates. This is especially important for commodities like oil, natural gas, gold, electricity etc whose prices are highly volatile in nature. However the hedging doesnt always ensure profits. (Berk, J and Demarzo, P. 2010). Interest Risk relates to change in interest rates of bonds, stocks or loans. A rising rate of interest would effectively reduce the price of a bond. Increased interest rates result in increasing the borrowing costs of the firm and thereby reduce its profitability. It is hedged by swaps or by investing in short term securities. Currency risks arise from the exceedingly volatile exchange rates between the currencies of different countries. For e.g. Airbus, an aircraft manufacturing company based in France requires oil for its production. Oil being traded in US dollars and the company doing trading in Euros, has a foreign excha nge risk. It would be therefore beneficial for Airbus to enter a forward contract with its oil suppliers. Options are another way of hedging against currency risks. They facilitate the holder to exchange currency at a fixed pre-determined exchange rate. If the option rate is higher than the exchange rate, the company will not exercise the option. However if the rate increases the company would benefit by exercising the option. (Berk, J and Demarzo, P. 2010). The above risks basically depend on the time value of assets. Moreover with the increased level of multinational functioning of business entities and the highly volatile nature of markets, risk management has now become a mandatory part of running the business. It therefore becomes important to analyze the various methods of assessing risks, measuring them and the preventive measures implemented against them. Also the hedging techniques stated above do not always ensure profits. The research would thereby include a detail stu dy of the effectiveness of the methods implemented. It would also study the hazards of the failures of the implemented methods. Market risks are measured by Value at Risk (VaR) model. This model is used extensively to measure market risks. It aggregates the portfolio market risks in a single number. However authors McNeil, Frey and Embrechts (2005) have debated over the model stating that it doesnt take into account the costs of liquidation. It takes into account historical data and a series of assumptions. Therefore its ability to measure future risks is highly disputable. The research would thereby include the study of VaR and other relative models used to measure market risks. Literature Review: Forward contracts, Futures and Options are called the Financial Derivatives and are used largely to reduce market risks. Walsh David (1995) explains that if two securities have same payoffs in future, they must have same price today. Thus the value of a derivative moves in the same way as that of underlying asset. This is called arbitrage. Hedging of risks is nothing but the holder of an asset has two positions in opposite directions. One is of the derivative and other of the under-lying asset respectively. As such if the value if the asset decreases then value of the derivative will also decrease. But the change in value is off-set by the opposite positions to each other. Thus risk is reduced. This is called hedging. Long Hedge refers when an investor anticipates increase in market price and therefore buys future contracts. Short Hedge is when an investor already has a futures contract and expects the value of asset to fall and therefore sells it beforehand. (Dubofsky, D and Miller, T. Jr. 2003). Long Hedge Short Hedge Fig.1 Hedging (Dubofsky, D and Miller, T. Jr. 2003). Forward Contracts- These involve buying or selling specific asset at a specific price at a specified time. They are Over the Counter (OTC) Derivatives. These are used for locking-in the price and require no cash transfer in the beginning, thereby involve credit risks. They are typically used to hedge the exchange rate risks. (Claessens, S. 1993). Futures- These are more standardized than the Forward contracts. They are traded at Foreign Exchanges. The standardized contract specifying the asset, price and delivery time is either bought or sold through broker. The delivery price depends on market and determined by the exchange. Initial margin amount is required and profit-loss calculations are done daily. Hence involve margin calls. Credit risk involved is minimum but these cannot be tailored to individual demands. (Claessens, S. 1993). These exist typically for commodities, interest rate risks, currencies etc. (Walsh, D., 1995). Fig.2: Hedging through Futures. (Walsh, D. 1995). Options- The holder can buy from or sell to, the asset at a strike rate at a future maturity date. However the holder of the option has no moral obligation to do so. The cost of buying the option involves a premium which is to be paid up front. The option that enables the holder to buy an asset is called Call option while in Put option the holder is able to sell the asset. (Claessens, S. 1993). These can be bought Over the Counter (OTC) at a bank or can be exchange traded options. Walsh David (1995) further explains that options have a non-linear relation with payoff. Its payoff increases with the price of the asset if it is in-the-money and has a constant payoff which is the option premium if it is out-of-the-money. While futures and forward contracts have a linear relation with the payoffs in both, profit as well as loss. Therefore options might be preferred over futu res and forwards for hedging. The research would include the detailed characteristics, similarities and differences in futures, forward contracts and options, along with the concept of delta hedging in which perfect hedging is created by use of options. Data and Methodology: The Research would be Qualitative in nature, based on the primary data available though online journals and books. The popularity of the derivatives and their exponential growth has favoured the availability of many articles on this topic and would thereby form the basis of research. It might include interviews of professionals having extensive research or expertise in this area. REFERENCES Alexander, C. (2005). The Present and Future of Financial Risk Management, Journal of Financial Econometrics, 3 (1), pp. 3-25. JSTOR (Online). Available at https://jfec.oxfordjournals.org/ (accessed: 8 March, 2011). Berk, J. and Demarzo, P. (2010) Corporate Finance. 2ndedition. Global edition: Pearson. Claessens, S (1993) World Bank Technical Paper no 235.Washington DC: The World Bank. Dubofsky, D and Miller, T. Jr. (2003) Derivatives: Valuation and Risk Management. Oxford: Oxford University Press. McNeil, A.J., Frey, R., Embrechts, P. (2005) Quantitative Risk Management. Princeton and Oxford: Princeton University Press. Walsh, David.ÂÂ   (1995). Risk management using derivative securities.ÂÂ  Managerial Finance,ÂÂ  21(1),ÂÂ  pp. 43. ABI/INFORM Global (Online).ÂÂ  Available at https://proquest.umi.com/pqdweb?index=6HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415c lientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060did=4708471HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060SrchMode=2HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060sid=3HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309 VName=PQDTS=1301258415clientId=18060Fmt=6HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060VInst=PRODHYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060VType=PQDHYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060RQT=309HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt =6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060VName=PQDHYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060TS=1301258415HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060HYPERLINK https://proquest.umi.com/pqdweb?index=6did=4708471SrchMode=2sid=3Fmt=6VInst=PRODVType=PQDRQT=309VName=PQDTS=1301258415clientId=18060clientId=18060 (accessed: March 27, 2011).

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The Role Of Regulatory Agencies And The Government Structure

Table of contents I. Introduction II. Creation of government structure III. Role of regulatory agencies IV. Role of SEC in determining the behavior of the firm and its management V. Concept of TBTF to the financial corporations and non-financial corporations VI. Ethical issues raised by too big to fail VII. Conclusion Introduction There are various government structures in organizations although they are different from one branch of the government to the other. The structures help the government manage its economy efficiently. In the economy a too big to fail firm (TBTF) exists and it is defined as one that its complexity, size, critical functions, and interconnections are in the sense that in case the firm goes into liquidation unexpectedly, the rest of the economy and financial system will face severe consequences. The government provides support to TBTF companies not because they favor them but because they recognize implications for an advanced economy of allowing a disorderly failure outweighs the cost of avoiding the failure. Helping the TBTF firms enable the economy to realize high revenue. Various activities are to prevent their failure. They include providing credit, facilitating a merger, or injecting the capital of the government. The paper addresses the structures of the administration and the conc ept of too big to fail in financial and non-financial institutions plus the ethics involved with the theory. Creation of government structure AShow MoreRelatedThe Deepwater Horizon Oil Drilling Rig1480 Words   |  6 Pagesoil spills intersect with the justice system in its application. 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Financial Institution for JP Morgan Chase- myassignmenthelp.com

Question: Discuss about theFinancial Institution for JP Morgan Chase. Answer: Influence of Basel III requirements on JP Morgan Chase Adoption of the requirements of Basel III Basel III mentions the requirements of minimum capital ratio as well as capital adequacy necessities for different large as well as global banks. Fundamentally, unlike Basel II, Basel III mentions about greater number of necessities of Tier I. However, the minimum level is approximately 4.5% that is essentially 2.5% over and above Basel II and specifically Tier I for particularly JP Morgan Chase is around 13%. Essentially, it is obligatory for the bank to maintain higher and at the same time enhanced coverage of risk. Therefore, in a bid to protect economic as well as financial stress, Basel III obtains the company that has nearly conservation of capital of 2.5%. Again, during December 31st, 2016, JP Morgan Chase maintains a buffer capital conservation of particularly 6.6% (King and Tarbert 2011). As such, Basel III also comprises of a necessity of leverage ratio that intended to avert too much expansion. Essentially, the standard/benchmark leverage ratio is approximately 3%. However, by the termination of the period 2016, the leverage ratio of the HP Morgan Chase Bank was registered to be 8.6% that is necessarily greater than the stated criteria of 3%. Apart from this, JP Morgan Chase needs to meet satisfy nearly 6% additional leverage ratio from the period of 1st January in the year 2018, whilst this same ratio for particularly JP Morgan Chase is recorded to be 0.5% more by the year 2016 (Lyngen 2012). The liquidity coverage ratio of JP Morgan Chase enhanced to minimum level of 100% by 1st January during the year 2017. However, during the same period, the high quality liquid assets referred to as HQLA augmented by around $28 million. As such, it might possibly lead to higher rate of growth in particularly deposit. Essentially, net stable ratio of financing can be considered to be a liquidity dimension and the ratio needs to be equal to minimum 100%. The corporation approximates that it was in complaint with specifically NSFR by the closing of the year 2016 (Elliott 2010). Impact of the Basel III on specifically profitability as well as strategy Top US banks counting JP Morgan Chase initiated to adhere to the regulations since the beginning of the year 2014. The main cause is that with increase in the buffer capital, the overall return earned on invested capital decreases. Large banks such as JP Morgan Chase might be more anxious about contracting loan capability as compared to small as well as medium banks. However, under stringent liquidity necessities, long term financing sources might be essentially for our bank (Cosimano and Hakura 2011). Essentially, Basel III concentrates on management of liquidity. Basically, for satisfying the necessities of the liquidity coverage ratio, diverse commercial banks need to maintain more liquid assets namely cash as well as cash equivalents. Nevertheless, from the viewpoint of generating profit, the securities in addition to asset-assisted securities can evidently bring greater return than the securities where risk weighting coefficient is for the most part is zero (Cosimano and Hakura 2011). Again, owing to Basel III, banks prefer to select securities whose weighting coefficient is equal to zero and this might direct towards decline in profit. Nonetheless, profitability is the most important aspect for the purpose of controlling financing cost by way of refining the entire core capital. This in turn leads to a situation of dilemma for the bank. Influence of Basel III on balance sheet of JP Morgan Chase Management of balance sheet of the bank might possibly be affected intensely by capital, leverage as well as liquidity. Essentially, operating cash is particularly more attractive than specifically non-operating cash. As such, it is possible for the specific bank to particularly precede from non-operating cash specifically the declaration of balance sheet. In the interim period, it might exit specific banks and transfer to off-balance sheet. In order to attain a better performance on net and consistent financing ratio, JP Morgan Chase have the need to possess long term debt or else equity against those assets that are difficult to fund. However, the financing cost might increase by the process of allocation of larger longer term debt to particularly equity (Elliott 2010). As such, regulators also have the capability to analyse whether the specific bank has a suitable size of balance sheet. Since regulatory has not been properly defined, the influences are not properly felt in particu larly the banking industry. References Cosimano, T.F. and Hakura, D., 2011. Bank behavior in response to Basel III: A cross-country analysis. Elliott, D.J., 2010.Basel III, the Banks, and the Economy. Brookings Institutions. King, P. and Tarbert, H., 2011. Basel III: an overview.Banking Financial Services Policy Report,30(5), pp.1-18. Lyngen, N., 2012. Basel III: dynamics of state implementation.Harv. Int'l LJ,53, p.519.