Friday, February 14, 2020

Why is hunting Dove so special Research Paper Example | Topics and Well Written Essays - 1000 words - 1

Why is hunting Dove so special - Research Paper Example Rather, dove hunting is a harmless and unique sporting activity which if supported, would eventually culminate into infinite advantages, to the participants, the public, the government and even to the birds that are being hunted. Dove hunting has been associated with a number of issues and myths. Of late is sharply on the decrease (Decker, Enck, & Brown, 22). A number of states are against dove hunting and other states which have allowed it has got lots of restrictions on it. Dove hunting has got lots of problems in various states like Iowa and others which practice it. Firstly, dove hunting has been made to be very expensive in terms of money which is used for buying hunting license. It has also been pointed that dove hunting has little economic value which may not support the entire estate when relied on fully. Dove hunting has also been alleged that the dove species when they are decreasing in number, dove population relies on some factors which include natural conditions like extreme weather conditions, predators and predators. All these factors causes decrease in population which may affects dove species. Hunting may also affects the behavior of doves generally. When hunting becomes too much, doves may tend to migrate to places with extreme weather conditions which may expose them to diseases. There are some home steeds where the doves always migrate to when hunting and some natural conditions are severe, these places provides shelters to the doves during rainy seasons but are also very dangerous places for the doves. There are also some predators which are also in those home steeds like dogs which may in turn feed on the doves decreasing their number which also affects the species of the doves Severe restrictions on dove hunting or complete prohibition of the activity have often been justified on the grounds that dove hunting is a threat to the birds , in the sense that it would reduce the number of doves. However, it should be

Saturday, February 1, 2020

The Costs, Benefits and Unintended Consequences of the Sarbanes-Oxley Essay

The Costs, Benefits and Unintended Consequences of the Sarbanes-Oxley Act 2002 - Essay Example The Sarbanes-Oxley Act, which was enacted by the congress on 30th July 2002, benefited the corporate sector but not without posing certain challenges to public companies that was required to implement it. The Sarbanes-Oxley Act aimed at restoring the investors’ confidence, which had been extinguished by the numerous frauds that had affected or even led to collapse of different companies. This paper is a critical review of Gebremichaels’s article and will give a summary of the article, critically evaluate the arguments in the article by analyzing the weaknesses, limitations, and problems of the article. Additionally, the paper will focus on the strengths and usefulness of the article particularly for study purposes. Summary Gebremichael’s (2012) article â€Å"The Costs, Benefits, and Unintended Consequences of the Sarbanes-Oxley Act 2002† claims that Sarbanes-Oxley (Sox) Act of 2002 is the most discussed legislation in the capital market. The research was c arried out with the aim of evaluating how implementation of the SOX Act had affected the capital markets, economy, and entire corporate sector in the United States. The study focused on aspects of the SOX Act such as the benefits, consequences, and cost of its implementation. Gebremichael attributes the importance associated with the SOX Act to the consequences the act continues to have on United States public company as well as the entire economy. According to the article, the Act was enacted to curb accounting frauds, and regain the investors’ confidence by bringing transparency in the United States stock markets. The Act would do this by improving the way companies conduct their financial transactions through introducing corporate financial reporting in addition to modifying the way public companies are audited. The article finds section 404- Management Assessment of Internal Controls to be the most important and expensive provision to implement. This is because complete i mplementation of this section will have on companies. The article claims that the costs of implementing section 404 are too high while the benefits are minimal. This has already led to withdrawal of some foreign companies from the United States stock market. According to the article, holding executives, auditors, accountants, attorneys, as well as director responsible for financial regulation would help reduce cases of frauds. The article gives an account of Enron, one of the companies that collapsed due to auditing problems. The auditing problems led to bankruptcy and eventual collapse of the company. The account is important since frauds within Enron Company and Worldcom are among the companies that triggered the enactment of the SOX Act. Strengths, Problems, and Weaknesses of the Arguments in the Article The article puts forward a number of issues to demonstrate that the SOX Act has had both beneficial in addition to negative impacts on the United States public companies and the entire economy. Gebremichael argues that implementation of the SOX Act has enforced extra costs on companies. Most of the costs are attributable to practices such as audition as well as processing of financial reports, which are some of the requirements that public companies must meet. The major costs are in the time that managers must dedicate to overseeing that financial statements are processed accurately. This is a significant argument since directors and Chief Executive