Strategic Financial Management - Coursework one

Strategic Financial Management - one - Coursework Example The shareholder and the stakeholder are two important people in the organization. The shareholder is the owner and financier of the organization. It is therefore a noble objective, that any policy initiated by the organization, should aim at benefiting the shareholder. This is always depicted through a rise in their share prices, and periodic payment of dividends. This is the concept which is referred to as maximization of the wealth of the shareholder (Roe and Law, 2001). Another important constituency that contributes to the value of a company is the stakeholder. This is an individual who has the capability of affecting or being affected by the policies of an organization. These people include customers, the community where the company is operating, the government, suppliers, creditors, etc. This paper provides a discussion on whether maximization of shareholders wealth is a realistic objective by the company. After the financial crisis of the late 2000, and the emergence of the Enron scandal, there has been a critique of shareholder wealth maximization by experts of business and management. In as much as focusing on the value of the shareholder has the capability of benefiting the owners of a corporation, it is unable to provide a clear guidance that can be used for purposes of measuring social issues such as environmental, employment and ethical business practices (Kolb, 2008). For instance, the management can be involved in the maximization of the value of a shareholder, consequently lowering the welfare programs of third parties. For instance, in a bid to maximize the wealth of shareholders, the company may be forced to pay low salaries to its employees. A company such as Wal-Mart is constantly accused of underpaying its employees, for purposes of generating more profits to its owners. In fact, as of the year 2014, Wal-Mart is the company that had

Spatial patterns in Okinawa Essay Example | Topics and Well Written Essays - 1750 words

Spatial patterns in Okinawa - Essay Example Okinawa was originally occupied by the Archipelagos who used to make the region prosperous in trade during the fourteenth and sixteenth century, this is because, and it was used as an avenue for exchange between Japan and the South Eastern Asia. Okinawa island has been put into consideration by the Japanese government whereby, we find that the region is to be put under a high Administrative Management, where various principles are to be applied these include the self-reliance principle, through which the people are given an opportunity to collaborate both nationally and internationally in the development of the Okinawa Island. There are also plans to allow the industrial growth through the enhancement of employment opportunities for the people, health care provision to the people and the discovery of high-quality technological advancement and the new ways of managing human resources that will always contribute in the economic growth of the region. The island is located between the Kyusyu and Taiwan, including the major cities of Asia such as Taipei, Shanghai, Hong Kong, Seoul, Manila and Tokyo that are said to be occupying part of the Okinawa Island. The island population had engaged in exclusive cultural activities such as textiles, arts and customs performance and potteries which basically contributed in the overseas trade. The geographical composition of this island include; the coral rocks, through which the rain water filter through and creating many caves on the island, this caves are said to have played a major role in the war of Okinawa where most people were using them as there areas for hiding from their enemies.