Poetry By John Keats And Ode On Melancholy - 2129 Words

Poetry is a literary work which is portrayed by the expression of feelings and ideas by poets using a distinctive style or rhythmic pattern. It is used to convey many poets ideas and emotions in a way that is vivid and imaginative. Poetry allows the reader to imagine what the poet is describing through sensual descriptions and other literary devices that invite them to picture life in the eyes of the poet. In the poems â€Å"Ode to a Nightingale† and â€Å"Ode on Melancholy† by John Keats, both poems stimulate an emotional response through their meaning. They describe that while in most cases joy can be experienced through feeling pain, fulfillment of happiness comes from living and thinking passionately. In order to experience joy and the wonderful things in life, you have to experience pain first and also surround yourself with the beauty of the gift of life and its many offerings. John Keats conveys this in his poetry by using literary devices such as imagery, perso nification, alliteration, and various sensual descriptions to describe the feeling of joy and happiness that can be experienced in many different ways throughout both poems. Although John Keats was not one of the many well known poets of his time, his poetry began to influence a diverse range of poets and writers after his death by the end of the 19th century. Keats, â€Å"Born in 1795, the son of a stable keeper, was raised in Moorfields, London† where he used many of his feelings throughout his life in his poetry. HeShow MoreRelatedGood Morning And Thankyou For Tuning Into The Poet s Voice1391 Words   |  6 Pagestoday I will be sharing with you a poem called â€Å"Ode on Melancholy†, by the British Romantic poet John Keats, who is arguably the most popular romantic poet of his era. Through a discussion of Keats and a close analysis of the poem I will talk about how â€Å"Ode on Melancholy† upholds the dominant ideologies of the romantic period, the period i n which the poem was constructed. First of all, we must delve into John Keats and explore his life a little. John Keats was born on the 31st of October, 1795, in LondonRead More Music and Poetry1695 Words   |  7 PagesMusic and Poetry The poetry of William Wordsworth initiated the Romantic Era by emphasizing emotion, intuition, and pleasure rather than form and affectation. His poems set the stage for John Keats, a central figure in early 19th century Romanticism. The fundamental themes in the works of both poets include: the beauty of nature; the consanguinity of dreams/visions and reality and yet the tendency of dreams to mask reality; the intense emotions brought about by beauty and/or suffering; andRead MoreJohn Keats : The Five Senses, Reality Departures, And Nature1628 Words   |  7 Pagesâ€Å"If Poetry comes not as naturally as Leaves to a tree it had better not come at all† (biography). John Keats was an English-born poet who was known for his sonnets, romances, and epics. He was a well-known romantic poet who was criticized because of his style of poetry. In his poems, Keats uses frequent themes such as death, the five senses, reality departures, and nature. As a romantic poet, John Keats uses imagery and emotion based themes as way to display his beliefs in his poetry. Born inRead MoreThe Literary Transcendence Of John Keats Works Far Surpasses The Malevolent Criticism Of The Tory Journals1524 Words   |  7 PagesThe literary transcendence of John Keats’ works far surpasses the malevolent criticism of the Tory Journals. The beauty of Keats’ poems and letters, have held him in regard as the quintessential Romantic poet, whose short life was ultimately consumed by his struggle for acceptance in the dominant literary community. In the opening lines of Endymion, Keats writes ‘A thing of beauty is a joy forever’; an assertion that anything beautiful will give unending pleasure - a belief that is carried throughoutRead MoreJohn Keats s Life Of Poetry1024 Words   |  5 PagesLike many poets, John Keats has had a very troubling and traumatic life and it shows in his writings of poetry. Death and many other awful troubles causing him to have a life that anyone would feel horrible in. John Keat’s poetry has many dark r ecurring themes. One speculation is that his poetry was an escape from his melancholy filled life. There are many aspects to Keats’s life that could have been motivation to write his poetry. One would say that he connected works of poetry with the events ofRead MoreThe Literary Techniques Used to Evoke the World of Senses in Keats Odes 1561 Words   |  7 Pagesappeal of each of our senses, taste, smell, touch, hearing and sight can all be heightened by certain aspects of poetry. The imagery of a poem has the ability to transport us into a different place or time, allowing the reader to experience new observations. When used correctly, imagery has the ability to form an understanding of different emotions the poet tries to address through their poetry. The sounds and diction incorporated into a piece also plays a role of major importance. The use of similesRead MoreArticle Analysis of Eric J Wilsons John Keats: The Miracle of Melancholia664 Words   |  3 PagesJohn Keats: The miracle of melancholia How can being sad be good? According to the British Romantic poet John Keats, the suffering Keats endured in his life was the wellspring of his art, rather than something to be avoided. That is why Professor Eric G. Wilson entitles his article about Keats: The miracle of melancholia. Keats lost his father when he was age nine to a freak accident and his mother and brother to tuberculosis. The poet eventually succumbed to the disease himself at a veryRead MoreSimilarities and Dissimilarities Between Shelley and Keats6975 Words   |  28 PagesSimilarities and dissimilarities Though P. B. Shelley and John Keats were mutual friends, but they have possessed the diversified qualities in their creativity. These two are the great contributors of English Literature, though their lifecycle were very short. Their comparison are also little with each other, while each are very much similar in thoughts, imagination, creation and also their lifetime. 01)  Attitude towards the Nature P. B. Shelley: Whereas older Romantic poets looked at nature asRead More John Keats Essay911 Words   |  4 Pages English Literature Biographical Speech Keats, John (1795-1821) English poet, one of the most gifted and appealing of the 19th century and a seminal figure of the romantic movement. Keats was born in London, October 31, 1795,and was the eldest of four children. His father was a livery-stable owner, however he was killed in a riding accident when Keats was only nine and his mother died six years later of tuberculosis. Keats was educated at the Clarke School, in Enfield, and at the age of 15 wasRead MoreHow Does Keats Express His Aesthetic Vision in ‘Ode on a Grecian Urn’?1542 Words   |  7 PagesHow does Keats express his aesthetic vision in ‘Ode on a Grecian Urn’? John Keats once said regarding Lord Byron that â€Å"he (Byron) describes what he sees, I describe what I imagine†. Keats is a typically Romantic poet in the way in which he uses the fluid boundaries of imagination within his poem to formulate his aesthetic vision which is projected in ‘Ode on a Grecian Urn’. Pope notes that the etymology of ‘aesthetics’ derives from the Greek meaning ‘things perceptible to the sense’ and ‘sensory

American Citizenship and Immigration Essay - 1597 Words

Today the Society is split into three separately minded groups. In no specific ordering, the first is determined to believe that any one person born in the United States is a citizen and which means their parents should become citizens along with them. These are the ones whom obtain â€Å"birthright citizenship† (Raul). The second are firm believers in the only ones that should be citizens are the ones who go through the proper process of becoming a citizen and according to the article in â€Å"USA today,† it states that illegal immigrants are â€Å"having babies as a way to obtain citizenship,† which too many Americans â€Å"cheapens the whole idea of being American†. The last group is the â€Å"other† the ones whom are completely neutral or believe in the†¦show more content†¦According to the fourteenth amendment website the fourteenth amendment â€Å"is currently misinterpreted to give citizenship to children born in the United States of illegal alien parents. These children, via their birthright citizenship, act as anchor babies and can, upon reaching the age of majority, facilitate bringing their extended family into the US in order to obtain citizenship. Although some experts believe that a Constitutional amendment would be necessary to remedy the misinterpretation, many believe that Congressional action would be sufficient and is urgently warranted.† Not until later was it seen â€Å"With illegal aliens who are unlawfully in the United States, their native country has a claim of allegiance on the child. Thus, the completeness of their allegiance to the United States is impaired, which therefore precludes automatic citizenship† (Fourteen Amendment). This was basically a warning for immigrants stating they are responsible for their child and they would not become legal just because they were born in the United States and they would both be claimed by their native land. For example, if a woman from Mexico was to come to the United States illegally, at 8 months pregnant, and have her baby they would not just become legal citizens. Taking jobs, raising taxes, increasingShow MoreRelatedAmerican Immigration Policy, Citizenship, And The Relationship Between Foreign Policy And Constitutional Law1477 Words   |  6 PagesAbstract This research describes the legal ins and outs of American immigration policy, citizenship, ‘border control’, and the relationship between foreign policy and constitutional law, regarding refugees. Since the birth of the United States in 1776, citizens, from countries all around the world have considered making the trek to America, in hopes of pursuing a different, more prosperous life. Yet, many of history’s hopeful travellers have learned- legally entering America is potentially theRead MoreThe Issue Of Birthright Citizenship922 Words   |  4 PagesThe question of birthright citizenship, can be one of America’s hotly debated topic; that is next to illegal immigration which it is married. â€Å"Birthright Citizenship†, addresses the children born outside the country of their parent’s legal residence, and this is not just an American issue. While this previous statement, does not specify state illegal immigration, which appears to be some o f the debate of this issue, during political season this does become a talking point in political circles. TheRead MoreImmigration Reform Of The United States1516 Words   |  7 Pagesâ€Å"Pelosi said, It is more important to pass comprehensive immigration reform, to me and to my caucus, than to win the election in November† (Foley, 2014). That was what Joe Garcia was trying to accomplish with his policy H.R. 15. The policy did not improve the sponsor’s chances of being reelected because his ideas in the spectrum were more towards the liberal side than the conservative. As Florida being a red state, a Republican candidate won the election. It came down to what party the candidatesRead MoreThe American Dream1655 Words   |  7 PagesThe American Dream is embedded in the Declaration of Independence, a founding document that articulates the idea that â€Å"all men are created equal† with the rights to bear â€Å"Life, Liberty, and the pursuit of Happiness† (Declaration of Independence). A path to citizenship is a proposition to resolve the policy failures concerning illegal immigration and the eleven million undocumented immigrants living in the United States (Inspired by Suro). Each individual will be able to act as a constituent of theRead MorePersuasive Essay On Immigration Reform1110 Words   |  5 PagesImmigration reform has been a big debate since 1790. The Naturali zation Act of 1790 was the first act to established rules for naturalized citizenship. The citizenship was only granted to those who has live in America for at least two years and is a free white person of good character. Although some rules were set, the policy of immigration reform are full of comprehensiveness (Soergel). Some believe that immigration is a dreadful thing because they take up jobs and bring in terrorists; Other considerRead MoreShould Immigration Benefit Communities?824 Words   |  4 PagesWill immigration benefit communities? Immigration is a sensitive subject in many countries, especially in the USA presently. First, when an immigrant becomes successful this can keep those positions away from natural born citizens. This can anger people who see immigration as a problem. Second, when people are allowed to immigrate, most natural born citizens don’t know that it actually benefits them. Marshall Fitz in April 16, 2013 of The New York Times reports that â₠¬Å"an average wage increase afterRead MoreThe Hardships Of Ethnic Mexican Immigrants And Mexican Americans Essay1268 Words   |  6 Pagesimmigrants and Mexican Americans Many Mexican Americans have been able to accomplish their own versions of the American dream by attending a 4-year college, owning businesses, and taking on political and public service careers. However, Mexican Americans and Mexican immigrants continue to face the hardships that their ancestors went through in the 20th century. The ethnic Mexican experience in the United States has been a difficult one for Mexican immigrants and Mexican Americans of the first generationRead MoreImmigration, Offshoring And American Jobs Essay1139 Words   |  5 PagesYoung Bo Moh April 13, 2016 Immigration In 2014, President Obama claimed, â€Å"For more than 200 years, our tradition of welcoming immigrants from around the world has given us a tremendous advantage over other nations. It’s kept us youthful, dynamic, and entrepreneurial. It has shaped our character as a people with limitless possibilities† (Office of the Press Secretary, 2014). What makes the United States the United States? Our country’s success and culture comes from the power of immigrants. But thisRead MoreCitizenship by Birthright Essay941 Words   |  4 PagesCitizenship by Birthright According to the Council on Foreign Relations, birthright citizenship â€Å"grants citizenship to everyone born in the United States regardless of their parents status† (Rawlins, 2011). While this seems to be in-line with the fourteenth amendment which states â€Å"all persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside† (Congress, 1866), the true intention of this partRead MoreA Broken System Of My Mother1716 Words   |  7 PagesAmerica for the promise of freedom and opportunity. But currently the immigration system in the America is broken. Families are separated, immigrant workers are exploited, people die trying to cross the border, and there is rampant discrimination against immigrants. The way we behave toward newcomers ought to demonstrate the morals of fairness and equality that identify America as a country. This is why we are in need of a new immigr ation policy that keeps families together in this country, recognizes

Social Motional Wealth IPO Underprice Firms â€Myassignmenthelp.Com

Question: Discuss About The Social Motional Wealth IPO Underprice Firms? Answer: Introduction There are several motivations along with benefits for different issuers behind the IPO (Initial Public Offering) procedure. Essentially, there exists considerable asymmetry in information between different issuers and at the same time financiers at specifically the Initial Public Offering (IPO). Leitterstorf Rau (2014) mentioned that there remained no news as regards issuing corporations in the media till one year prior to the date of issue. However, in case of Initial Public Offering (IPO), normally there remains very slight information regarding the private corporation that is obtainable to the public. Particularly, financiers have to depend mainly on the financial assertions presented in the offering projection that provides the issuers along with the underwriters proper incentive to report desirable accounting figures. Thus, this direct the way towards to the consideration that issuing corporations have enhancements in profitability prior to the process of offering and reduction in overall profitability after the process of offering. Judge et al., (2015) examined hypothesis on earnings management and discovered that issuers enhance earnings comparative to flows of cash before the initial public offering IPO. Performance of the Initial Public Offering Numerous papers have evaluated the long-run presentation of Initial Public Offerings (IPO). In essence these prior studies have appropriately examined returns on stock along with operational performance after corporations become public. However, all these types of studies presented have reflected that initial public offering corporations present comparatively less amount of profitability as related to corporations that are not public (Fung et al., 2014). As such, IPO is essentially a first-time deliverance of shares by a particular corporation to the entire public. Fundamentally, the judgment for private corporations to become public can be considered one of the most elementary decisions that the firm encounters. Primarily, it is the pronouncement that alters the entire framework of the corporation and in several cases it split up with the power of ownership being shifted and withdrawn from the original owner of the company. Nevertheless, it cannot be considered to be surprising then that topic of IPO has drawn attention of diverse scholars, financiers, along with decision makers. As a result, a huge number of prior reports have been carried out on this specific topic of IPO topic, and it has been developing at swifter speed in current years (Boulton et al., 2017). Regarding returns of stock, evaluation has disclosed that financiers seem to acquire losses owing to holding shares in the corporations that have of late undertaken an IPO as compared to individuals that have not carried out so. However, the stratagem of investing money in initial public offerings at the close of the initial day of community trading and retaining them for three consecutive years can generate a wealth of around 83% in comparison to that acquired by putting in money during the similar period in a particular set of control corporations belonging to the similar sector and with a linked value of the market. Morricone et al., (2017) recommends that these small long-run proceeds of Initial Public Offerings (IPO) are corresponding to the going public of several corporations coinciding with the subsistence of a pertinent interest in specific segments. This refers to the fact that financiers might be regularly over-optimistic as regards the possible profits of novel corporatio ns. Numerous studies have referred to the subsistence of depressing long-run abnormal returns on stock for corporations at five years subsequent to the Initial Public Offering. Essentially, this occurrence has been described in both the USA as well as other marketplace. Of late, research papers have reflected that underperformance for long-run fades away after tracking as well as monitoring for the features or risk related to Initial Public Offering corporations. Nielsson Wjcik (2016) recommends that returns on IPO are identical to diverse non-issuing corporation returns harmonized to size together with the ratios on book-to-market. In addition to this, Liu et al., (2014) reflects that abnormal returns earned on IPO reveals lower exposures of risk owing to both low level of leverage along with higher amount of liquidity. As rightly put forward by Butler et al., (2014), there exists huge number of effective approaches for the reduction in the post issue operating performance of different IPO corporations. As one of the approaches is associated to probable enhanced costs of agency at the time when a corporation carries out the transition of ownership from necessarily private to public firms. In addition to this, scholars are also of the view that a second cause can be that the attempt of the managers windowdress accounting figures before becoming public. However, the third description, in line with them, for the reduction in operational performance is that industrialists time their specific issues in a bid to match with periods of different strangely good levels of performance. Becoming public naturally directs the way towards a considerable alteration in the overall ownership framework of the company. Again, reduction in ownership level of administration as a consequence of going public can direct the way towards agency problem as elucidated by (Walker et al., 2015). As mentioned by Darmadi Gunawan (2013), there are incentives of the management for the firm alteration whenever there are novel investors. Again, the interests of administrators as well as shareholders deviate as stakes of manager decline and rights get scattered. As per the agency supposition, low ownership preservation by different managers raises incentives of managers to embark on different non-value maximizing schemes and to augment consumption. Conversely, retention of superior stake of ownership in the corporation could alleviate the agency problem. As such, this conversation means that there can be such an anticipation that the post-issue operational performance can reduce. In order to describe the reduction in the post-issue operational performance, there are certain associates that utilize the agency theory whilst other associates insist that accounts founded on agency theory are not effectual (Darmadi Gunawan, 2013). An effectual description for the reduction in the post-issue operational performance is essentially the time of offering. Essentially, issuers also time different issues to match up with periods of oddly good levels of performance that they know cannot be continued in the upcoming period. Therefore issuers acquire advantage of different impermanent enhancements in performance to issue novel shares at the time when financiers have excessively optimistic anticipations regarding the corporations future projections. In essence, this can be documented as window of predictions. Thus, scholars reached the conclusion that issuers acquire the benefit of windows of chances (Walker et al., 2015). Importance of the current study to different stakeholders The current study can provide directives to different financiers to augment their comprehension of behaviour regarding prices of share after initial public offering. However, this can help the financiers in arriving feasible decisions whilst investing in share bourse (Darmadi Gunawan, 2013). Regulator In essence, various market regulators specifically can acquire knowledge regarding the manner it is important to manage all the handle future IPO that involves different regulations as well as framing of strategies (Darmadi Gunawan, 2013). Owing to various sound set of laws as well as strategies, this can lead to augmented confidence in financiers in investing in specific stock bourse. Listed Firms The corporations can understand the fundamentals as regards the performance of initial public offering. Furthermore, this can help them in arriving good decisions regarding when to float own shares by means of initial public offering (IPO) (Darmadi Gunawan, 2013). Essentially, this can help them in making feasible decisions at the time of establishing the offer price of different shares during the process of initial public offering. Researchers or else Academicians The information hereby gathered can be said to be very helpful for upcoming researchers who intend to move ahead with the knowledge along with literature in the values of the market after the initial public offerings (Butler et al., 2014). However, it is also expected to enhance the existing literature on specific subject as indication material and kindle additional research in this specific area. A general description for the irregular first-day behaviour of price is known as winners curse. Liu et al., (2014) is a representation of the IPO market that comprises of two different types of financiers that include well-informed financiers that have t5he adequate knowledge regarding the true value of issue along with less-informed financiers who have inadequate exceptional knowledge for correcting issue value. Essentially, this specific asymmetry in information creates a lemons problem in which the uninformed financiers are left with the comparatively less flourishing IPOs. However, in a bid to maintain badly informed financiers interested in specific IPO, issuing firms have the requirement to sell with a discount. As such, an explanatory factor openly derived from this curse of the winner is necessarily the size of the issue. Again, larger the issue the more competently can it be handled and the supplementary information regarding the true value can be made available. Particularl y, wider stretch of information reduces the information asymmetry among financiers. Owing to this, the lower information irregularity, the larger IPOs have lesser cause to under price and are anticipated to illustrate lower preliminary outperformance. Essentially, this theory does not illustrate the long run presentation of Initial Public Offering. Different theories have been suggested to illustrate the overall phenomenon of the underperformance in the long run of different IPOs. Liu et al., (2014) offers an illustration founded on alterations on alterations in different divergences of views among the financiers. According to Nielsson Wjcik (2016), initial public offering are normally subscribed by different financiers of the corporation who are necessarily regarded as the most optimistic as regards the issue as well as prices that are established by the specific group rather than the appraisal of the typical financiers. Further, the greater the level of uncertainty regarding the IPO value, the more is the price that the optimistic financiers are willing to pay relative to different pessimistic financiers. Underpricing in Singapore IPO market Nielsson Wjcik (2016) analytically evaluates the overall extent of underpricing that presently subsists in the market by evaluating the current data on IPO. Nielsson Wjcik (2016) asserts that the presence of underpricing in the present IPO market. Essentially, the empirical outcome suggests that financiers that invest their money in IPO can earn on an average 20.25% return on particularly the day of listing. However, the extent of pricing that subsists in the Singaporean market can be considered to be very less as compared to that of the other markets that are existent all around the globe. Essentially, the average size of the offer is relatively higher as per the global standards. As such, this can be regarded as one of the main reasons for the comparatively smaller value of underpricing in the Singaporean market. Darmadi Gunawan (2013) presents a study that delivers a discriminating test of two different signalling models that explain the underpricing of specifically initial public offering. Essentially, the empirical outcomes of the study recommends a one-signal equilibrium that is persistent with the particularly the Leland as well as the Pyles Model, but which discards the two-signal model of Grinblatt as well as Hwang. Necessarily, the fraction or else the proportion of the equity that essentially the issuer retains in the corporation that in turn is delivered to the public dictates the offering price as a indication for quality of the corporation. As such, a greater fraction of equity refers to better quality of the corporation and thus a lowerex ante uncertainty over the value of the corporation. Financiers therefore need to expect a smaller initial return on particularly the offering (Research-repository.uwa.edu.au, 2017). Reputation of managers: The study of the under pricing of particularly IPO in the Singapore presents a discriminating test of specific information-signalling hypotheses. This study also delivers a discriminating test of two different signalling models that explicates the under pricing of overall IPO. According to Darmadi Gunawan (2013), Voon did carry out 384 IPO under pricing phenomenon from particularly 1st January 1997 to particularly 22nd August 2008. It was discovered that under pricing in the short run period as well as underperformance in the long run specifically in the regional market. However, the findings suggest that the high level of reputation of particular issue manager can be associated to short run under pricing. On the whole, the overall reputation of the issue manager can be considered to the significant to that of the return of the performance of the IPO. The study on the long term performance of particularly IPOs reflects the evidences from specifically the Singaporean market. According to Darmadi Gunawan (2013) stock markets form an important part of the capitalist economic system since they pull together those that are in need of different capital and those having excessive capital for investment. Particularly, the initial public offerings of diverse corporations that had share capital that were previously privately held delivers a chance. The IPO procedures essentially involves due diligence along with pricing by different underwriters, following which they necessarily underwrite the entire issue and thereafter sell the same to different financiers in specifically the primary market. Thus, after the initial public offering, the shares of the corporations get traded in particularly the secondary market till the firm gets winded up or else get merged with other corporations or else get acquired. Besides this IPO, corporations that are already operating as public can also get engaged in the process of raising of capital by undertaking different stock offering that financiers can utilize as investment vehicles to raise the overall returns on the portfolio. The study suggests that the traditional theory on finance suggests that individual financiers have the need to adopt a particular buy as well as hold strategy stratagem for the purpose of carrying out investments in essentially the stock market as they are incapable of timing the market and as the efficient market hypotheses recommends that all available information can be incorporated in prices of stock. However, a question is raised regarding whether long term buy as well as hold strategy can be considered to be a profitable investment strategy in case of specifically the IPO (asset class) for different individual investors (Leitterstorf Rau, 2014). However, as per the critical assessment of the literature, the answer obtained to this question raised is no . Nevertheless, there are various variations in the outcomes based on the manner the comparison index get selected and what market is studied. Essentially, financiers might also be able to adopt a winning portfolio of specifically buy as well as hold in investments of IPO in case if they can successfully forecast what facets direct the way towards strong or else weak performance of price in the area of IPO. Thus, this study intends to gather all the prior studies on the subject and apply the entire learning to the market of Singapore. The identification of ex-post that involves factors that direct the way towards success of IPO might probably help the financiers lessen the overall risk and at the same time earn higher returns whilst developing ex-ante strategies of investment. However, Walker et al., (2015) discovered that corporate governance exert overall impact on the performance as well as share return of corporate. In this study, the quantitative evaluation is based on the IPOs that are listed in particularly Singapore for essentially the period 2000 to 2007. Critical analysis of this study suggests that the listed IPOs in the main board specifically perform better than the ones that are listed particularly the secondary board. Nonetheless, there exists no evidence that can substantiate the overall association between the performance of the IPOs and the practices associated to corporate governance especially at the time when the CGI is utilized as a proxy for quality of disclosures of corporate governance. Likewise, there exists no evidence that can substantiate the existence of considerable association between engagement of different venture capitalists and the performance of IPO (Judge et al., 2015). Additionally, this study also does not support th e declaration that issuers especially having longer lock up period show low level of under pricing along with better long term performance. Nevertheless, at the when particular variables of the board namely size of the board, duality of the CEO, independence of the board, diversity of gender as well as family directorship are tested, the observations reflect that a positive association between particularly the lock up period and the performance in the long run. Additionally, this study suggests a considerable association between under pricing of IPO with the family directorship. Under pricing in other countries The statutory body operating In Malaysia was accountable for the investment as well as new listing of corporations at stock exchange and that is referred to as Malaysian Stock Exchange (MSE). However, prior to alterations, the name stated on 14th April 2004, this stock exchange operating in Malaysia is referred to as Kuala Lumpur Stock Exchange (KLSE) incorporated on 14th December during the year 1976. Essentially, MSE comprises of 3 boards that include Main Board, The Malaysian Exchange of Securities Dealing and Quotation Berhad (MESDAQ) as well as Second Board (Leitterstorf Rau, 2014). In particular, the Main Board delivered for larger capitalized corporations while smaller firms will ask to be listed on specifically the Second Board. However, MESDAQ was delivered for high rate of growth and technology firms in a bid to raise capital. During the period August 2009, the Main as well as Second Boards amalgamated and were renamed as the Main Market. In addition to this, the MESDAQ bo ard was again named as the ACE Market that stands for the acronym "Access, Certainty, Efficiency." As such, the primary objective of the ACE Market is to deliver higher level of certainty along with efficiency in the process of listing and to craft it easier for specific issuers aimed at tapping the entire capital market. However, the ACE Market can be considered as a sponsor-driven market that is essentially open to firms of diverse sizes and firms from different sectors. As such, the financiers, majority of them being investment bankers, evaluate the appropriateness of applicants looking for listing, carry out due diligence procedure for the ACE Market firms documents and at the same time maintain normal contact with diverse firms for in any case three years after process of listing in association with the new structure of market, Bursa Malaysia also refurbished its listing necessities for the Main Market as well as the ACE Market. An important reform to particularly the ACE Marke t, besides its feature of sponsor-driven framework and open to different companies of different sizes from diverse sectors, is that there exists no agreed minimum operational history or else profit track evidence necessity for entry into this specific market. As such, this facet empowers the financiers to evaluate the appropriateness of different listing applicants. In essence, there is substantial of IPO under pricing in several developed as well as promising markets (Ijser.org, 2017). However, under pricing takes place at the time when the agreed-upon offer price of the firm is lower than the market price at the end of the first day of trading. In essence, empirical observations reflect that IPOs was undoubtedly underpriced during the period of initial trading in particularly Malaysia. The important study that intends to enumerate performance of IPO under pricing in specifically Malaysia founded on initial return. Data acquired on IPOs during the period 1978-1984 reflect that IPOs in Malaysia was essentially underpriced (Ijser.org, 2017). According to the study on under pricing performance of IPO (listed particularly in the main market) in particularly Malaysia, the overall performance of the entire market reflected a positive return that is essentially a high return during the year 2013. This result of the study is particularly consistent with the prior Malaysian studies. The observations of essentially the initial market adjusted returns reflect that the IPO corporations are considerably underpriced. As per the study, throughout the years yield can be observed to be positive for particularly IPOs on necessarily the first trading day. Thus, the loyalty of financiers into different IPO corporations can be considered to be significant in particularly determined superior performance of IPO. Essentially, IPOs in particularly in Malaysia are related to high under pricing. Nevertheless, this study discovered that high level of under pricing in the initial trading is not ascertained weak performance in essentially 4 years a fter issuance of IPO shares. However, this study helps in understanding the under pricing of IPO in Malaysia main market and helps in investigation of the impact of performance of the corporations into different degrees of under pricing of IPO (Ijser.org, 2017). Conclusion Analysis of prior literature reveals both the short term as well as long term performance of IPO in the market of Malaysia. Again, another study shows that existence of a positive association between particularly under pricing and size of IPO, volatility in market, status of underwriter and inverse of the IPO price. Essentially, after getting listed in public, under pricing was discovered to underperform in the period of three years. References Boulton, T. J., Smart, S. B., Zutter, C. J. (2017). Conservatism and international IPO underpricing.Journal of International Business Studies, 1-23. Butler, A. W., Keefe, M. O. C., Kieschnick, R. (2014). Robust determinants of IPO underpricing and their implications for IPO research.Journal of Corporate Finance,27, 367-383. Darmadi, S., Gunawan, R. (2013). Underpricing, board structure, and ownership: An empirical examination of Indonesian IPO firms.Managerial Finance,39(2), 181-200. Fung, S. Y. K., Gul, F. A., Radhakrishnan, S. (2014). Investment banks' entry into new IPO markets and IPO underpricing.Management science,60(5), 1297-1316. Ijser.org (2017). Retrieved 30 September 2017, from https://www.ijser.org/researchpaper/INITIAL-PUBLIC-OFFERING-UNDERPRICING-PERFORMANCE-IN-MALAYSIA-LISTED-ON-MAIN-MARKET.pdf Judge, W. Q., Witt, M. A., Zattoni, A., Talaulicar, T., Chen, J. J., Lewellyn, K., ... Yamak, S. (2015). Corporate governance and IPO underpricing in a cross?national sample: A multilevel knowledge?based view.Strategic Management Journal,36(8), 1174-1185. Leitterstorf, M. P., Rau, S. B. (2014). Socioemotional wealth and IPO underpricing of family firms.Strategic Management Journal,35(5), 751-760. Liu, L. X., Sherman, A. E., Zhang, Y. (2014).An Attention Model of IPO Underpricing, With Evidence on Media Coverage. Technical Report. DePaul University. Morricone, S., Munari, F., Oriani, R., de Rassenfosse, G. (2017). Commercialization Strategy and IPO Underpricing.Research Policy,46(6), 1133-1141. Nielsson, U., Wjcik, D. (2016). Proximity and IPO underpricing.Journal of Corporate Finance,38, 92-105. Research-repository.uwa.edu.au (2017). Retrieved 30 September 2017, from https://research-repository.uwa.edu.au/files/4407563/Kwan_James_Chee_Wai_2014.pdf Walker, T., Turtle, H. J., Pukthuanthong, K., Thiengtham, D. (2015). Legal opportunism, litigation risk, and IPO underpricing.Journal of Business Research,68(2), 326-340.

LG vision free essay sample

LG Electronics continues to pursue its 21st century vision of becoming a worldwide leader in digital—ensuring customer satisfaction through innovative products and superior service while aiming to rank among the world’s top three electronics, information, and telecommunications firms by 2010. Mission The mission of LG is to provide the customers with utmost satisfaction through leadership. The fundamental policy of development is to secure product leadership that the Customers may have the utmost satisfaction. belief On our way, we hold tight to a philosophy of â€Å"Great Company, Great People,† underscoring our belief that only great people can create a great company. capabilities LG strives for greatness in what we’ve identified as our three core capabilities: Product Leadership, Market Leadership, and People Leadership—each strength a key part of realizing our growth strategies for â€Å"fast innovation† and â€Å"fast growth†. NEW LG VISION AND MISSION STATEMENT Vision Statement LG constant focus on innovation will allow us to offer latest customer solutions in entertainment, communications and household. We will write a custom essay sample on LG vision or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page LG Electronics intend to create reliable and respectable brand image through sustainable, top quality, and modern design products delivered all over the world. Mision Statement LG mission is to be one step ahead in developing future technology and providing first class devices to worldwide customers. OBJECTIVES 1. Reverse negative sales growth in 2013 and 2014; make it steadily increasing up to 10% by the year 2015. 2. Maintain positive but low profit during the next 3 years, for the sake of RD and market development. 3. Conquer Smartphone market share from 3. 8% in 2012 to 9% in 2015. 4. Establish Joint Ventures with innovative and beneficial companies. 5. Strengthen positions in Africa, BRIC and other emerging countries. 6. Create new technologies, invest in RD and innovation. 7. Reorganize marketing. Increase brand awareness. (Product differentiation Cut down market penetration) 8. Increase online sales and services. Vision LG’s Vision is to become a worldwide leader in digital that ensures customer satisfaction through innovative products and superior services. Mission To create value for customers. To respect human dignity. To become best in its field. Article 2 (Objectives) The objectives of the Company are as follows: 1. To manufacture and sell electronic machinery and appliances; 2. To manufacture and sell communications machinery and appliances; 3. To manufacture and sell electric machinery and appliances; 4. To manufacture and sell other machinery and appliances; 5. To manufacture, process and sell plastics; 6. To manufacture, sell, lease and franchise multimedia hardware and software; 7. To manufacture and sell wires and cables for electric powers and communications; 8. To manufacture and sell electronic switching systems and their components; 9. To manufacture and sell transmission equipment, satellite communication equipment, other transmission-related equipment and their components; 10. To manufacture and sell information network, telecommunication network, audio/video network, marketing network, control network and their components; 11. To manufacture and sell information communication terminals and their components; 12. To operate and sell information; 13. To carry out businesses for the telecommunication service company; 14. To develop and sell software related to the products mentioned in paragraphs 8 to 13; 15. To carry out services and installation businesses required for the performance of the objectives mentioned in paragraphs 8 to 13; 16. To manufacture and sell machinery and appliances for oil combustion; 17. To refine, process and sell metals except gold; 18. To engage in mining; 19. To engage in export and import and to engage in the agency business; 20. To lease electronic and electric machinery and appliances; 21. To conduct technical research and provide services; 22. To engage in construction work; 23. To engage in construction work involving telecommunications; 24. To engage in construction work involving electricity; 25. To engage in real estate business; 26. To engage in agency business for domestic and overseas advertisement for promotion of sales, and to manufacture and sell advertising materials; 27. To engage in the factoring business; 28. To manufacture and sell optical instruments and appliances including cameras; 29. To engage in new and renewable energy business; 30. To engage in energy audit, ESCO business and other energy-related businesses 31. To engage in pollution prevention facility business and other environment-related businesses 32. To engage in trade, contracting, sub-contracting or any other businesses incidental to the foregoing; and 33. To engage and invest in businesses related to any of the foregoing objectives. Special value exclusive to LG HomNet LG HomNet provides the most special and most competitive value of the 21st century LG HomNet, which comprises the latest LG Electronics technology, is providing a more friendly and convenient digital environment, realizing customer satisfaction with regard to the most modern living environments and creating an image as a specialized supplier of the latest digital living environments for construction companies. This in turn raises its game to the highest level of competitiveness. Special value for apartment residents . The value of the apartment increases as a result of the introduction of LG HomNet. . Lifestyle convenience is also increased thanks to automated systems, enabling doors to be opened via the TV remote control, for example. . Advanced security is ensured by means of anti-theft and disaster prevention systems. . A complete A/S based on personal visits is guaranteed. Special value for management and construction companies . The rate of sales is increased due to the provision of value-added apartments. . The brand value is increased through the supply of a Korean home network standard as well as LG HomNet appliances. . As Koreas largest home appliance company, LG HomNet stocks and displays the greatest number of networked home appliances. . Joint marketing efforts with LG Electronics have resulted in strong promotional effectiveness. . LG Electronics has established global partnerships through overseas networking. Core value LGs Management principles state the purpose of LGs business activities and provide a basis for its operations. It embodies the key concepts of Creating value for customers and Respecting human dignity. LG places the greatest importance on serving customers LG creates true values for customers through innovation LG believes that customers make up the very foundation of our business. That is why we make serving customers our priority and encourage our employees to create value for customers by offering them innovative products. This principle provides a strong basis for winning the hearts of our customers. LG value the ingenuity and autonomy of its employees LG helps individuals develop and apply their capabilities to the maximum LG rewards its employees based on their capabilities and performance LG believes that the source of our innovation lies in our employees. Respecting human dignity implies that LG values our employees ingenuity and autonomy. We strive to maximize their capabilities and help them realize their potential on the job. This principle is reinforced through LGs everyday management practice of rewarding employees based on capabilities and performance. Link: http://www. uplus. co. kr/cmg/engl/coif/pelu/RetrievePeLuLgway. hpi? mid=2610 Growth strategy â€Å"Fast innovation, Fast growth† Core competency â€Å"Product leadership, Market leadership, People leadership† Corporate culture No excuse, â€Å"we† not â€Å"I†, Fun workplace Slogan: Lifes Good represents LGs determination to provide delightfully smart products that will make your life good.