Thursday, March 5, 2020

Hogs and Pigs - Suidae - The Animal Encyclopedia

Hogs and Pigs - Suidae - The Animal Encyclopedia Hogs and pigs (Suidae), also known as suids, are a group of mammals that includes domestic pigs, babirusas, pigs, warthogs, forest hogs, red river pigs, and bushpigs. There are sixteen species of hogs and pigs alive today. Hogs and pigs are stout, medium-sized mammals that have a stocky torso, an elongated  head,  short legs, and small pointed ears. Their eyes are often small and positioned high on the skull. Hogs and pigs have a distinct snout, the tip of which consists of a round cartilaginous disc (called nasal disc) with their nostrils on the end. The nasal disc is attached to muscles that enables pig to move their nose with precision as they sniff their way along the ground foraging for food. Hogs and pigs have an acute sense of smell and a well-developed sense of hearing. Hogs and pigs have four toes on each foot and are therefore classified among the even-toed hoofed mammals. Hogs and pigs walk on their middle two toes and their outside two toes are placed higher on their leg and do not come into contact with the ground when they walk. Hogs and pigs range in size from the pygmy hog (Porcula salvania)- a critically endangered pig that when full grown measures less than 12 inches tall and weighs less than 25 pounds- to the giant forest hog (Hylochoerus meinertzhageni)- a bulky suid that grows to more than 3.5 feet tall at the shoulder and weighs in at an impressive 350 pounds or more.  Adult female hogs and pigs and juveniles form groups known as sounders. Adult males either remain solitary or form small bachelor groups. Pigs are not usually territorial and exhibit aggression between individuals during the mating season. Hogs and pigs once inhabited a native range that extended across Europe, Asia, and Africa. Humans introduced domesticated pigs, derived from the species Sus scrofa, to areas throughout the world including North America, New Zealand, and New Guinea. Fossil hogs and pigs occur in the Oligocene in Europe and Asia and in the Miocene of Africa. Diet The diet of hogs and pigs varies among the different species. Many  hogs and pigs  are omnivores but some are herbivores. In general, the diet of  hogs and pigs  includes: Plant material such as grass, leaves, and rootsInvertebrates such as insects and wormsSmall vertebrates such as frogs and mice Classification Hogs and pigs are classified within the following taxonomic hierarchy: Animals Chordates Vertebrates Tetrapods Amniotes Mammals Even-toed hoofed mammals Hogs and pigs Hogs and pigs are divided into the following taxonomic groups: Babirusa (Babyrousa) - There are four species of babirusa alive today. Members of this group include the  golden babirusa,  Sulawesi babirusa, Togian babirusa, and  Bola Batu  babirusa. Babirusa  are noted for the long upper canine teeth that, in males, curve back over their face.Warthogs (Phacochoerus) - There are two species of warthogs alive today, the desert warthog and the common warthog. Warthogs inhabit the dry grasslands and scrublands of sub-Saharan Africa.Forest hogs (Hylochoerus) - There is one species of forest hog alive today, the giant forest hog,  Hylochoerus meinertzhageni. The giant forest hog is considered to be the largest wild member of the Suidae. The giant forest hog inhabits woodland habitats in central Africa.Bushpigs and red river hogs (Potamochoerus) - Only two living species belong to this group, the bushpig (Potamochoerus larvatus) and the red river hog (Potamochoerus porcus). Both species inhabit sub-Saharan Africa.Domestic and wild pigs (Sus) - There are six species of pigs alive today. Members of this group include domestic pigs and wild boar (Sus scrofa), Visayan warty pigs (Sus cebifrons), and Philippine warty pigs (Sus philippensis). References Hickman C, Roberts L, Keen S.  Animal Diversity. 6th ed. New York: McGraw Hill; 2012. 479 p.Hickman C, Roberts L, Keen S, Larson A, lAnson H, Eisenhour D.  Integrated Principles of Zoology  14th ed. Boston MA: McGraw-Hill; 2006. 910 p.

Tuesday, February 18, 2020

Recent European Foreign Debt Crisis Essay Example | Topics and Well Written Essays - 1000 words

Recent European Foreign Debt Crisis - Essay Example This saw down turn in small areas of financial systems, which ruined the structure entirely. There are a lot of factors that contributed to the recent European financial meltdown. According to some political economists, the European financial meltdown was bound to happen due to the trade policies adopted by the European Union (Jackson 1). In this regard, they argue that European Union is not proactive enough and act after the facts. This means that they provide response only after the situation has already occurred. The question that many people among them economist are asking is, why should the European countries care about the foreign debt crisis? This paper will explore the causes of the recent European sovereign debt crisis, what happened and why it is indispensable for the European countries to care about it. The foreign debt crisis in Europe occurred as a result of a number of factors. This include finance globalization, 2002-2008 easy credit condition which buoyant high-risk b orrowing and lending practices. Others include imbalance in international trade, bubbles of real estates, which have burst since then, slow growth in economy witnessed in 2008 and there after, government expense and revenue fiscal policy choices and bail out methods by nations for troubled banks and bondholders. Other notable causes include assuming private burdens of debts or socializing losses (Duthel 1). The crisis has had a lot of negative impacts to many countries in Europe. Jackson argues that initially, the crisis was viewed by European Union (EU) as a phenomenon of America. However, its devastating effects changed soon after the European countries saw its impact on the country. For instance, the crises led to a sharp decline in economic activities of European countries over a remarkably short time (Duthel 5). The worst being, it led to a sharp decline in global trade, eroding European prospects of trade. This in turn, provided safety regulator for local industries that are r educing their output. It is a mater of fact that many countries depend on trade for economic growth. This is one of the reasons as to why European countries should take stringent measures aimed at preventing such a recurrence in financial crisis. Economists still see sovereign debt crisis as something that is continuing in the European countries (Duthel 22). This has impact negatively on the countries affected since it makes it hard for some of the countries to be able to pay off their government debts without seeking third party assistance. This interferes with the smooth running of these countries and thus needs prevention and control measures to abate it. For instance, in 2009, there was growing fear of sovereign debt crisis among investors. This was because government debt levels were rising at an alarming rate across the globe coupled with government debt downgrading witnessed in some European countries (Jackson 4). The concerns grew from early 2010, calling on the finance mini ster of Europe to approve a package that could help rescue the nations. This culminated to approval of â‚ ¬750 billion for financial stability in Europe and establishing a European Financial Stability Facility (EFSF). The concerns also lead to leaders from euro zone signing an agreement in October 2011 and February 2012 aimed at designing measures to help mitigate collapse of European member economies. The agreement signed includes measures requiring banks to make up to 53.5 percent write-off of debts in Greece owed

Monday, February 3, 2020

Special education student placement Essay Example | Topics and Well Written Essays - 500 words

Special education student placement - Essay Example the students with disabilities attend the same schools as their grade peers in that the education programs seek to serve all the students as a single unit regardless of the needs of individual students. Inclusion classrooms have no major difference with the conventional general classroom with the only notable difference being in the individualized support given to students that require special needs. Inclusion provides a chance to students with disabilities to interact with their non-disabled peers. There are several advantages for adopting this placement over others: This is the exact opposite of the inclusion class, whereby students with disabilities are provided with individualized education programs. This is done in separate classes from other students and, therefore, allows their teachers to work and monitor these students closely (Katz and Mirenda 2002). This is a classroom where students with special needs spend a part of their class time receiving more individualized attention and help away from their general classrooms. In this placement, it is assumed that the students receive primary instructions from the general class while they receive their supplementary instructions from the resource room Katz and Mirenda 2002). Patterns of learning and development- This refers to the student’s academic ability level and needs. Teachers and parents alike should formulate a way in which the student best receives academic information. Cultural and linguistic factors- it is important to avoid stressing students with disabilities may suffer more if placed amongst other people of contradicting culture and language as theirs. It is, therefore, important to consider having their placement in an area or school that has a familiar culture to theirs (Gartner and Lipsky 1987). In order to achieve successful integration of students into the placement programs discussed above, parents and teachers should collaborate to make proper decisions. Factors such as their cultural

Sunday, January 26, 2020

Do Stocks in VN30 Basket Follow Weak Form?

Do Stocks in VN30 Basket Follow Weak Form? The research question: Do stocks in VN30 basket follow weak form of Efficient Market Hypothesis? PART 1: INTRODUCTION In the investment world, portfolio management refers to actions taken to maximize the return on a portfolio (Investopedia, 2016). Under portfolio management., Efficient Market Hypothesis (EMH) is one of the most important theories that investors should take into consideration if they aim to earn abnormal returns. This hypothesis basically illustrates the relationship between stock price and available information on the stock, which is reflected in three forms including strong form, semi-strong form and weak form. Out of the three patterns, EMH at weak form states that historical prices cannot be used to make predictions about future stock prices. This research paper will examine the weak form EMH in the context of constituent stocks in the VN30 Index an adjusted index of VN-Index (which is the market index of Ho Chi Minh Stock Exchange, Vietnam). PART 2: LITERATURE REVIEW 2.1 Random Walk Theory and Efficient Market Hypothesis The origin of stock market efficiency can be traced back to early twentieth century when Bachelier (1900) proposed his idea about Random Walk Hypothesis. This theory affirms that prices of past, present and even the future have no correlation; in other words, security prices tend to follow randomness and therefore are unpredictable. A few studies around this issue were conducted in 1930s; however, the Random Walk Theory was intensively discussed in the 1960s. Bacheliers work was then reinforced with the introduction of Efficient Market Hypothesis (EMH) by Fama (1970). According to this theory, stocks always trade at their intrinsic values, making it impossible for investors to benefit from stock mispricing i.e. purchase undervalued stocks and sell overvalued stocks. As a result, the only way investors can earn a higher return than the market is by engaging in riskier investments. Nowadays, the Random Walk Theory is referred to as the weak form of EMH, stating that stock prices are random and past events have no influence on the current prices. Meanwhile, it is widely known that technical analysis is the science of using historical price patterns to anticipate future price movements. Hence, according to the weak form of EMH, there is no point in applying technical analysis to predict and beat the market. 2.2 Research studies conducted towards Weak form of Efficient Market Hypothesis Many studies have been carried out to investigate the weak form of Efficient Market Hypothesis, some of which fail to support the weak-form efficiency. Srinivasan (2010) examines the validity of random walk hypothesis for two major stock markets in India, i.e. SP CNX NIFTY and SENSEX, using observations from 1st July 1997 to 31st August 2010. The study applied Augmented Dickey-Fuller test and Phillips-Perron test to point out that characteristics of random walk are not present in Indian stock exchanges; hence, weak form efficiency is rejected in the case of Indian markets. As a result, this provides trading opportunities for investors to earn abnormal returns since they can make predictions about future stock prices. Similarly, Singh et al., (2016) tested the Efficient Market Hypothesis in Carbon Efficient Indices of India, the US, Japan and Brazil by using Kolmogrov-Smirnov test, Shapiro-Wilk test, runs test and autocorrelation test. The results from these statistical tests reveal t hat daily  closing stock prices do not follow random walk in all countries under investigation. This is in line with Nwidobie Adesina (2014), who conclude that Nigerian stock exchange is not efficient in weak form by employing the GARCH autoregressive model. This inefficiency, according to Nwidobie Adesina, may be explained by limited information dissemination in the market, high trading and floatation costs, information hoarding and insider trading, as well as poor implementation of investor protection laws in the country. The rejection of weak form efficiency is also found in other emerging markets, evidenced by the studies of Islam, et al. (2005), Srivastava (2010), Bà ¼yà ¼kÃ…Å ¸alvarci Abdioglu (2011), Haroon (2012) and Agbam (2015). Other studies, on the other hand, show evidence of market efficiency in some economies. Andrianto Mirza (2016) used daily stock price data collected from LQ45 Index, Jakarta Islamic Index and Kompas 100 Index during the period 2013-2014 to examine weak form efficiency in Indonesia. The results from runs test and serial correlation test demonstrate that Indonesia stock market follows weak form efficient pattern. Specifically, the following conclusions are drawn from the study: 1) stock price movement is random; 2) there is no correlations between the stock price movement of the present day and previous days. Andrianto Mirza also suggest that investors use fundamental analysis to react quickly for available information, as well as utilize news from digital media to update market conditions. Further evidence supporting the weak form efficiency of capital markets may lie in the findings of Jiang, et al. (2014), who examined WTI crude oil futures prices from 1983 to 2012. Using bootstra pping technique, the academics confirm the efficiency of crude oil futures market, and state that the market is inefficient only in case of turbulent events, such as the oil price crash in 1985, the Gulf war, and the oil price crash in 2008. 2.3 VN-Index, VN30 Index and VN30 stocks 2.3.1 VN-Index VN-Index is the index used to illustrate price fluctuations of company stocks listed on Ho Chi Minh Stock Exchange (HOSE). The problem is that, VN-Index calculation takes into account all shares outstanding, which include free-float shares and restricted shares. Free-float shares are shares freely available for trading in the market (Standard and Poors, 2016). In contrast, restricted shares are not available for public trading as they are closely held by control group, other publicly traded companies or government agencies (Standard and Poors, 2016). As a result, some stocks such as GAS, VNM, MSN, VCB and BID can largely influence VN-Index due to their large number of restricted shares. 2.3.2 VN30 Index and VN30 stocks The VN30 Index (also known as VN30 Equal Weight Index) was first introduced to the market on February 2012, tracking the performance of the top 30 large-cap liquid stocks on the Ho Chi Minh City stock exchange in Vietnam (Phoenix Capital, 2017). This index can overcome the weaknesses of VN-Index in the following manners: Capitalization values of constituent stocks are based on the number of shares freely traded on the market (free-float); Restrict the excessive influence of a particular stock by setting the capitalization weighed limit of 10%; Among more than 300 stocks listed on HOSE categorized into 11 primary industries, stocks in VN30 basket are present in 9 industries. Moreover, stocks in the VN30 basket represent about 80% of HOSE market capitalization and 60% of HOSE market volume (Dao, 2014). From the advantages above, it can be concluded that VN30 Index can represent the Ho Chi Minh market in terms of industries, market capitalization and liquidity. This makes VN30 Index a quite useful investment instrument for index funds. PART 3: RESEARCH METHODOLOGY 3.1 Data Collection This research paper employs the quantitative method to investigate the weak form of Efficient Market Hypothesis in the context of Vietnamese background. The study is based on secondary data, which are daily closing prices of stocks included in the VN30 basket. The data are collected from the database of Bao Viet Securities Company a well-known securities firm in Vietnam. It is noted that the VN30 basket is periodically reviewed and adjusted every six months on January and July (Dao, 2014). Since the introduction of VN30 Index in February 2012, the basket has been reviewed and adjusted totally 10 times. For the purpose of this study, not all 30 stocks in the basket are chosen for analysis. Specifically, the stocks selected must meet the criterion of being consecutively included in the basket for the past five years. Put it another way, if stock A is included in the basket for one period but excluded for the next period, stock A will not be considered as the object of this study. This ensures the continuity of the data and fair treatment for all stocks in the basket. After all, only 16 stocks meet the criterion (see Appendix A for the full list of stocks selected). Their closing prices are then collected for the examined period from 06th February 2012 (the first day of VN30 basket) until 20th January 2017 (the end of the latest reviewed period). 3.2 Method of Analysis The data collected are analysed using IBM SPSS Statistics software version 20. Particularly, three tests are conducted to determine whether stocks selected are at weak-form efficiency, namely runs test, autocorrelation test and Ljung-Box Q statistic. The runs test is a non-parametric test that is designed to find out whether successive price changes are independent. The test is based on the premise that if a series of a data is random, the observed number of runs in the series should be close to the expected number of runs. In this context, the runs test at 5% significance level is used to test the following hypothesis: H1: Stocks in the VN30 basket follows random walk Meanwhile, autocorrelation (or serial correlation) test measures the correlation coefficient between the stock return at current period and its value in the previous period, whether the correlation coefficients are significantly different from zero. In addition, the Ljung-Box Q (LBQ) statistic examines the joint hypothesis that all autocorrelations are simultaneously equal to zero (that is, the data values are random and independent up to a certain number of lags). In this context, the autocorrelation test and Ljung-Box Q statistic (at 5% level of significance) are employed to test the following hypothesis: H2: There is no correlation between stock prices of today and previous days In short, the combination of tests mentioned above help determine whether 16 selected stocks in the VN30 basket follows weak-form efficiency or not. PART 4: ANALYSIS AND PRESENTATION OF FINDINGS 4.1 Results of Runs test Table 1 shows the results of the runs test based on daily closing stock prices of 16 chosen stocks. Table 1: Results of Runs test STB VIC SSI MSN FPT HAG KDC DPM VNM REE VCB Test Valuea 17.27 55.76 21.53 87.14 45.83 19.23 40.97 33.45 113.55 23.14 34.03 Cases 461 605 651 648 560 425 601 759 547 484 698 Cases >= Test Value 727 583 537 540 628 763 587 429 641 704 490 Total Cases 1188 1188 1188 1188 1188 1188 1188 1188 1188 1188 1188 Number of Runs 38 20 41 18 53 8 7 17 12 10 10 Z -32.222 -33.379 -32.139 -33.487 -31.453 -34.042 -34.134 -33.478 -33.840 -33.942 -33.944 Asymp. Sig. (2-tailed) .000 .000 .000 .000 .000 .000 .000 .000 .000 .000 .000 Runs Test BVH HPG PVD CII GMD Test Valuea 47.31 35.31 48.11 22.33 29.84 Cases 637 660 723 627 594 Cases >= Test Value 551 528 465 561 594 Total Cases 1188 1188 1188 1188 1188 Number of Runs 39 8 9 34 43 Z -32.265 -34.071 -33.996 -32.560 -32.044 Asymp. Sig. (2-tailed) .000 .000 .000 .000 .000 a. Mean Source: IBM SPSSs result, 2017 As can be seen from the above table, the actual number of runs is significantly less than the expected number of runs (total cases), which is evidenced by negative Z-values for all chosen stocks. Furthermore, it is observed that the significant values around the mean of all stocks are 0.000 which is below 0.05 (5% level of significance). This indicates that 16 selected stocks do not follow random walk behaviour, resulting in the rejection of the null hypothesis H1 which says stocks in the VN30 basket follows random walk. 4.2 Results of Autocorrelation test The results obtained from autocorrelation test and Ljung-Box Q statistic of 16 chosen stocks are presented in Table 2. Table 2: Results of Autocorrelation test and Ljung-Box Q statistic Source: IBM SPSSs result, 2017 As can be observed from Table 2, significant positive autocorrelation (> 0.8) is detected at all 16 lags for all chosen stocks. It is noted that positive autocorrelation suggests predictability of stock prices in the short term, which provides confirmatory evidence that goes against market efficiency (Bà ¼yà ¼kÃ…Å ¸alvarci Abdioglu, 2011). Moreover, evidence from Ljung-Box Q statistic seems to suggest dependence between current stock price and prices of previous periods. It is noticeable that p-values are all equal to zero for all lags on all 16 stocks. Therefore, the Q statistic fail to support the joint null hypothesis that all autocorrelation coefficients from lag 1 to 16 are equal to zero for the observed stocks. Put it another way, the null hypothesis H2 of absence of autocorrelation is strongly rejected for all lags at 5% significance level. 4.3 Interpretation of findings On the basis of empirical results obtained from runs test, autocorrelation test and Ljung-Box Q statistic, both null hypotheses H1 and H2 are rejected. In other words, it can be concluded that 16 chosen stocks in the VN30 basket show no characteristics of weak-form efficiency. The findings of the current study are consistent with those of Truong et al. (2010), Vo Le (2013) and Do et al. (2014) who found that Vietnamese stock market is inefficient in the weak form. In general, the results of this study contradict the Efficient Market Hypothesis (Fama, 1970) and Random Walk Theory (Bachelier, 1900). As noted in the literature review, empirical studies on the weak form of Efficient Market Hypothesis in emerging markets have been thoroughly examined in recent years, as in cases of capital markets in India, Thailand, Indonesia, Pakistan and Nigeria. Although these studies generate mixed results, most of which suggest that Random Walk characteristic is not a good description of these markets. This study, by investigating a case study in Vietnam, further supports the idea of weak form inefficiency in emerging markets. The rejection of market efficiency in Vietnam have been proven by a number of studies. It seems possible that this inefficiency is due to gaps in Vietnamese financial system. Non-transparency in the disclosure of information, crowding effect and speculation are popular phenomena in Vietnam stock exchanges; thus, stock prices somehow do not reflect companies intrinsic values. These gaps are signals of an underdeveloped financial system (Fry, 1994; Leung, 2009) where asymmetric information, moral hazard and adverse selection are likely to be found (Islam, et al., 2005). As a result, investors are vulnerable to losing a substantial amount of money. Additionally, as Vietnam currently does not have a derivatives market, the investment risk can be more severe for investors. Since weak-form efficiency is not witnessed in this study, one implication of the result is that historical data and patterns may be used to make prediction about future stock prices. In other words, technical analysis might be employed by investors when making investment decisions to help them earn abnormal returns. Furthermore, as this study is based on daily data only, further research can test the Efficient Market Hypothesis by taking into account weekly, fortnightly, monthly, quarterly or yearly data on a longer time horizon. Alternatively, future research studies may investigate the hypothesis in certain industries or different indices in Vietnam. 4.4 Limitations Due to the nature of the research question, there exists some study limitations which can partially affect the results objectivity. First, because of the selection criterion, only 16 out of 30 stocks are chosen for the purpose of the study. Therefore, it is difficult to generalise the findings to the whole VN30 basket since its establishment. Second, precision of data is questionable since some data of closing stock prices are missing in some trading days. As a result, this somehow impacts the accuracy of statistical tests as well as their implications. PART 5: REFLECTION ON THE RESEARCH PROCESS At the beginning of the research process, we realized that portfolio management is a massive area in finance; therefore, narrowing down this topic was critical to our group as it would affect how we could construct individual topics and research questions. However, the familiar topic of each was not in favour of others, which caused conflicts in our discussions. Hence, it was important that we be aware of these conflicts and arrive at a reasonable compromise that is beneficial to the whole group (Hede, 2007; Wu et al., 2013). Eventually, since I had prior experiences of investing in the stock market for three years and had written a dissertation about technical analysis, I received the trust from my fellows when I proposed the topic related to Efficient Market Hypothesis (EMH). On the one hand, I felt happy to have helped my group figure out the appropriate topic. On the other hand, I was a little bit worried as my group members had little exposure to financial markets. In fact, I ac knowledged that having to work on an unfamiliar area could lower their motivation for the research (Boneva, 2008). When it came to work allocation, some serious issues arose as there was no leader in our group. Because most of the workloads were set by oral agreements without any meeting minutes, everyone was usually vague about their responsibilities. Furthermore, our discussions did not work very well because most of them took place through WhatsApp group rather than face-to-face meetings, leading to frequent distractions from social networks. I feel these problems were really time-consuming and slowed down our groupwork performance. If I had been engaged in a similar project again, I would have nominated myself as the group leader so that I could assign workloads clearly and equally for everyone. I would have also suggested face-to-face meetings in order to have direct conversations with members. This should have brought more efficiency to the group in terms of time and contributions. Another issue that obstructed our groupwork productivity was bad time management of my team members. We all had two deadlines for two reports on the same date, but while I devised plans to finish both of which with adequate efforts, my partners fell into the trap of procrastination. Being rushed for two assignments at the same time was definitely not a good idea as it would negatively affect the performances of both (Peper, et al., 2014). To avoid this situation, we should have drawn up a timeline for the whole group so that everyone could effectively devote their time to each assignment. With regards to literature search and data collection phase, some members in the group seemed to be passive in finding articles and sharing ideas to their peers. They neither knew how to write an adequate literature review nor kinds of online sources they could employ. I feel this was partly due to their lack of background in finance and partly because they had never conducted any formal research studies before. Although this annoyed the rest of group members, we understood that this sometimes could be unavoidable in a multicultural group. We tried to give them as many related articles as possible and instructed them about skim and scan technique in order to pick essential readings. In fact, we should have reported the issue to the tutor from the beginning of the research so that those falling behind could receive additional trainings in research skills. In summary, this experience has taught me valuable lessons that are quite useful for me in future career, including how to communicate and collaborate with members in a multinational group, as well as things to do to become a good leader. I have also learnt more about how to improve time management skills, and how to resolve conflicts occurring during group works. Finally, I think I should speak my mind more frequently in the future if it is for the sake of the whole group. References          Agbam, A. S., 2015. Tests of Random Walk and Efficient Market Hypothesis in Developing Economies: Evidence from Nigerian Capital Market. International Journal of Management Sciences, 5(1), pp. 1-53. Andrianto, Y. Mirza , A. R., 2016. A Testing of Efficient Markets Hypothesis in Indonesia Stock Market. Procedia Social and Behavioral Sciences, Volume 219, p. 99-103. Bachelier, L., 1900. Louis Bacheliers Theory of Speculation. 1st ed. Princeton: Princeton University Press. Boneva, D. L., 2008. Effects of Work Ethic and Social Identification on Motivation in Groups. Illinois: ProQuest. Bà ¼yà ¼kÃ…Å ¸alvarci, A. Abdioglu, H., 2011. Testing the weak form efficiency of the Turkish stock market. African Journal of Business Management, 5(34), pp. 13044-13056. Dao, T. B., 2014. VN30 Index: An Overview and Default Probability Analysis. Social Science Research Network (SSRN). Do, T. T. N., Le, T. B. Nguyen, T. T., 2014. Stock market efficiency in emerging markets: Evidence from Vietnamese stock market. s.l., s.n. Fama, E., 1970. Efficient Capital Markets: A Review of Theory and Empirical Work. Journal of Finance, 25(2), pp. 383-417. Fry, M., 1994. Money, Interest, and Banking in Economic Development. 2nd ed. Baltimore: The Johns Hopkins University Press. Haroon, M. A., 2012. Testing the Weak Form Efficiency of Karachi Stock Exchange. Pakistan Journal of Commerce and Social Sciences, 6(2), pp. 297-307. Hede, A., 2007. The shadow group: Towards an explanation of interpersonal conflict in work groups. Journal of Managerial Psychology, 22(1), pp. 25 39. Investopedia, 2016. Portfolio Management. [Online] Available at: http://www.investopedia.com/terms/p/portfoliomanagement.asp[Accessed 15 March 2017]. Islam, S., Watanapalachaikul, S. Clark, C., 2005. Are Emerging Financial Markets Efficient? Some Evidence from the Models of the Thai Stock Market. Melbourne, Centre for Strategic Economic Studies. Jiang, Z.-Q., Xie, W.-J. Zhou, W.-X., 2014. Testing the weak-form efficiency of the WTI crude oil futures market. Physica A: Statistical Mechanics and its Applications, Volume 405, p. 235-244. Leung, S., 2009. Banking and Financial Sector Reforms in Vietnam. Asean Economic Bulletin, 26(1), pp. 44-57. Nwidobie, B. M. Adesina, J. B., 2014. CAPITAL MARKET EFFICIENCY. AN EMPIRICAL TEST OF THE WEAK-FORM IN THE NIGERIAN CAPITAL MARKET. Journal of Advanced Studies in Finance, 2(10), pp. 164-170. Peper, E., Harvey, R., Lin, I.-M. Duvvuri, P., 2014. Increase Productivity, Decrease Procrastination, and Increase Energy. Biofeedback, 42(2), p. 82-87. Phoenix Capital, 2017. VN30 EQUAL WEIGHT TOTAL RETURN INDEX. [Online] Available at: http://www.customindices.spindices.com/indices/custom-indices/vn30-equal-weight-total-return-index[Accessed 18 March 2017]. Singh, R., Leepsa, N. M. Kushwaha, N., 2016. Testing the weak form of efficient market hypothesis in carbon efficient stock indices along with their benchmark indices in select countries. Iranian Journal of Management Studies, 9(3), pp. 627-650. Srinivasan, P., 2010. Testing weak-form efficiency of indian stock markets. Asia Pacific Journal of Research in Business Management, 1(2), pp. 134-140. Srivastava, A., 2010. Are Asian Stock Markets Weak-Form Effcient: An Evidence from India. Asia-Pacifc Business Review, 6(4), pp. 5-11. Standard and Poors, 2016. Float Adjustment Methodology, s.l.: SP Global. Truong, D. L., Lanjouw, G. Lensink, R., 2010. Stock-Market Efficiency in Thin-Trading Markets: The Case of the Vietnamese Stock Market. Applied Economics, 42(27), pp. 3519-3532. Vo, X. V. Le, D. B. T., 2013. Empirical Investigation of Efficient Market Hypothesis in Vietnam Stock Market. Social Science Research Network (SSRN). Wu, K. et al., 2013. Supporting group collaboration in Wiki by increasing the awareness of task conflict. Aslib Proceedings: New Information Perspectives, 65(6), pp. 581 604. Appendix A: List of chosen stocks in the VN30 basket based on the selection criterion No. TICKER COMPANY NAMES 1 STB Sai Gon Thuong Tin Commercial Joint Stock Bank 2 VIC Vingroup Joint Stock Company 3 SSI Sai Gon Securities Incorporation 4 MSN Masan Group Corporation 5 FPT FPT Corporation 6 HAG Hoang Anh Gia Lai Joint Stock Company 7 KDC Kinh Do Corporation 8 DPM PetroVietnam Fertilizer Chemicals Corporation 9 VNM Viet Nam Dairy Products Joint Stock Company 10 REE Refrigeration Electrical Engineering Corporation 11 VCB Bank for Foreign Trade of Vietnam 12

Saturday, January 18, 2020

Lives of the Saints Essay

Summary: Chapter 1 In the opening of the chapter, the main character Vittorio describes the story that the book is written about. It has a beginning that occurred on a hot July day in the year 1960 in Vittorio’s home town of Valle de Sole, when his mother, Christina got bit by a snake. Vittorio describes his city as to have no holy places, ancient cites or ruins; forgotten and unsung, just like hundreds of villages spread throughout Italy. Vittorio describes how his father immigrated to America almost four years ago when Vittorio was barely three years old. His grandfather was left crippled from the war when a horse crushed his foot and he was injured by a grenade. That day, his mother slipped out of the house making him promise that he would read his school books. Vittorio’s attendance at school was not very regular because he would spend much of class time wondering to the top of Colle di Papa or down the river with his friend Fabrizio and sharing cigarettes that Fabrizio had stole from his father. Vittorio was sitting on his porch reading math books when he dose off. He was awakened by a muffled shout coming from the stable. Vittorio ran to the stable and stopped short at the bottom of the steps and peeked through the crack in the door. Inside he saw a green snake which slipped through the cracks of the stable and into the tomato garden. While Vittorio was watching the snake, the barn door opened, and a man with blue eyes swooped out of the stable. After Vittorio went inside the stable, he saw his mother pouring water into the pigs’ trough as though nothing has happened. Vittorio tells his mother that he heard a man screm and when she asked him what he saw, Vittorio replied that he didnt see anything. He then told her that she has blood on her ankle. In the conclusion of the chapter, Christina tells Vittorio to run up to Di Lucci’s and tell him to bring a car because she had been bitten by a snake.

Friday, January 10, 2020

The Racism against Native American Essay Writing Samples Game

The Racism against Native American Essay Writing Samples Game The 5-Minute Rule for Racism Against Native American Essay Writing Samples There are lots of aspects because of Native Americans have faced the issues like the economics, health etc.. For the past six decades, racism has been a severe problem in the us. It is common in every country of the world, even if those countries' governments are not willing to admit it. Racism against Native Americans Racism is an incredibly painful problem in the United States of america. The absolute most devastating actuality is stereotype individuals or groups merely on the grounds of pre-conceived assumption. Although this massacre isn't widely known, it's a prime illustration of racism. Until every person has been judged only as an individual and much less a member of a minority or majority, we can't say that there's no racism in the society we dwell in. Accordingly, the understudy focuses on racism in America while taking a look at diverse intervention that could help in eliminating this significant issue. Frequently, the white majority is fast to refute the negative effect of racism in the present society. Likewise, a lot of the undesirable stereotypes that were made up around minorities continue to be used today. It explains why the evolution of ancient Americans has lagged behind the growth of the folks of Eurasia. The difference between the nations of Indians was the effect of the simple fact that in the practice of resettlement, they were made to adapt to the various climatic and other all-natural states of the new territory that they inhabited. Deloria takes a completely different approach to this belief. He advocated for the usage of non violent methods with respect to Mahatma Gandhi. Top Racism Against Native American Essay Writing Samples Secrets This was the start of slavery in the us. The slaves weren't protected by law and were unable to contract their own labor. Slavery proved to be an important subject that resulted in the beginning of the American Civil War. The massive slave city-states with higher culture originated from this specific territory. Most folks won't directly discriminate different races, but it doesn't indicate it doesn't happen everyday. The expression family don't always refer to the nuclear family but in addition the general extended family. Imagine you're in a court of law and you would like to prove to the judge that whoever you're accusing is guilty. In that case, then the man or woman who did it was probably a racist individual. What You Should Do About Racism Against Native American Essay Writing Samples Starting in the Next Nine Minutes The cost of an essay rides on the quantity of effort the writer has to exert. To begin with, make sure that your essay has a topic. As soon as you own a topic, start by introducing your essay. If you need assistance in writing the best essays utilizing distinctive and appealing topics, you may always count on us. This involves creating a special but intriguing topic. However, they are no less proud of their very own cultural heritage and are continuously hoping to safeguard and preserve it. And this isn't the close of the story yet. The theme needs to be presented within a sentence. His shirts and clothes, generally, are hanging, and this also demonstrates he is not in exactly the same weight bracket he was before. Whenever there's a frequent supply of pessimism towards a specific race, then and there it will ultimately affect the general opinions of the people. Needless to say, an individual can step away from these types of habits, but it's not so straightforward. The majority of the time they lay awake the entire night without getting any sleep, it's essential to note this is another huge indication of depression.

Thursday, January 2, 2020

The Effects Of Marijuana And Why It Should Be Prohibited

The Negative Effects of Marijuana and Why It Should Be Prohibited Abdulkader Hamdoun University of Victoria Nowadays, legalizing marijuana is considered a sensitive issue among societies and governments. Marijuana has become one of the most commonly used drugs all over the world. Some people suggest that it should be permissible, while others believe that it is hazardous and it should be prohibited. It is true that marijuana has a few positive effects that contribute in the medical field, but we cannot deny the fact that the majority of its effects are negative. Therefore, marijuana should be prohibited because of its effects on adolescent, the effects on brain health, and its effects on the physical health. It is true that some studies suggest that cannabis, which is the plant from which marijuana is derived, has some positive impacts on certain illnesses. For instance, a laboratory study shows that THC, which is one of the compounds in the cannabis plant, may be useful for increasing appetite. Also, another study suggests that THC can contribute positively in treating glaucoma by reducing intraocular pressure. Furthermore, a study indicates that THC can be a pain relief to patients who suffer from multiple sclerosis. However, that does not mean that marijuana should be legal and all of these points are not sufficient for legalizing marijuana (Godandscience.org, 2015). The first reason why marijuana should be prohibited is that it affects adolescents’Show MoreRelatedEssay on Pros and Cons of Legalizing Marijuana557 Words   |  3 Pageslegalization of marijuana is a very debatable subject, some people think it is bad and should be illegal, and some people think it is good in some ways if used properly. 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I absolutely agree with the legislation passed in these areas making the use of marijuana legal, so long as it is sold and regulated by the government in a similar fashion to alcohol and tobacco. Like tobacco and alcohol there should only be certain settings in which it is acceptable to engage in such activities. The use of marijuana as a medicina l drug is absolutely agreeable because it can help so many who cannotRead MoreA Call for the Continued Prohibition of Marijuana and Other Drugs1239 Words   |  5 PagesA Call for the Continued Prohibition of Marijuana and Other Drugs Alcohol, if consumed in high quantities, poses serious personal and public health and safety issues. In the realm of public safety, engaging in said activity significantly impairs cognitive activity, affecting one’s ability to utilize proper judgment and operate machinery, among other things. Thus, operating machinery while under the influence of alcohol puts not only the operator, but also others in the vicinity of the operator,Read MoreShould Marijuana Be Legal?1230 Words   |  5 PagesCannabis Can The marijuana movement is more prevalent now than ever. Just recently, two other states have joined Colorado and Washington in the legalization of the recreational use of marijuana. On the other hand, the state of Florida did not pass the bill to approve medical marijuana. Although more and more states have begun to see the benefits in legalizing marijuana, many states maintain the view that smoking marijuana is criminal despite the many advantages it poses. Marijuana offers medical andRead MoreEssay on We Must Reform Marijuana Laws773 Words   |  4 Pages70 million Americans have smoked marijuana at some time in their lives. 18 million have smoked marijuana within the last year, and ten million are regular smokers. Almost all of the people arrested for marijuana are arrested for possession. And because of harsh federal and state penalties, these people may be sentenced to lengthy jail terms. This is an abuse of drug laws in a great nation. The marijuana laws need to be reformed, and the war against marijuana rethought. nbsp;nbsp;nbsp;nbsp;nbsp;One