The University of Alabama International Market Penetration Discussion

St. Thomas University Healthcare Issues & Ethics of Practice Discussion

St. Thomas University Healthcare Issues & Ethics of Practice Discussion.

Module 3 DiscussionCalendarHEALTH CARE ISSUESDetails Discussion 3How do you separate your personal beliefs/values and the ethics of practice? Include an example. i am a icu nurse Submission Instructions:Your initial post should be at least 500 words, formatted and cited in current APA style with support from at least 2 academic sources. Your initial post is worth 8 points.You should respond to at least two of your peers by extending, refuting/correcting, or adding additional nuance to their posts. Your reply posts are worth 2 points (1 point per response.) All replies must be constructive and use literature where possible.
St. Thomas University Healthcare Issues & Ethics of Practice Discussion

Divestment Of Governments Holding In Pos Malaysia Economics Essay

nursing essay writing service The possible impact of government ownership on firm performance remains a highly debatable issue, especially in a developing country like Malaysia. Government ownership is typically viewed as potentially affecting firm performance. It does not matter whether the ownership is in the form of state ownership or legal person ownership, government ownership has a positive impact on partially privatized state-owned enterprises. Given the scenario of highly indebted, non-performing state-owned enterprises, we argue that too much government control is indeed bad for enterprises. But too little government ownership may not be good either. This could possibly mean a lack of the government’s political support and business connections, which are valuable and necessary to vitalize performance. Introduction The Malaysian Government has recently announced their plan on The New Economic Model which from the NEAC report has outlined 3 key principles namely – 1. High Income 2. Sustainability and 3. Inclusiveness, for us to drive the country’s economic progress to become a fully developed nation, a competitive economy strategically positioned in the regional and global economy landscape, environmentally sustainable and a quality of life that is all inclusive and encompassing. The raison d’etre of the New Economic Model is for Malaysia to make a quantum leap from the current USD7000 per capita annual income to USD15000 in ten years time. Creating a high income nation is translated as higher wages throughout the economy since growth is derived not only from capital, but from greater productivity through the use of skills and innovation, improved coordination, stronger branding and compliance with international standards and Intellectual Property Rights. In a k-economy, investment in new technology, multi skills, innovation and creativity, and increased competency are the drivers of public and private sector performance. Malaysian Government expects investment and competition for the best talent through paying higher wages. Even wages for the blue collars will be based on them acquiring higher competencies, with their performance more readily benchmarked against international competitors. With more skills, come greater responsibility, and better, higher paying jobs. (Najib Razak, PM on NEM, 2010) For this very reason, government as the key driver of the country’s economy must play an active role in transforming and reforming the economic model especially the current Malaysia’s Capital Market. The development of Malaysia’s capital markets will be further strengthened in the Second Capital Market Master Plan currently being formulated by the Securities Commission, also on the acceleration of capital market industries such as the fund management, venture capital and private equity sectors as a crucial part of the country’s drive to create the high wage, high skill economy of Malaysia’s future. Related to this issue, the EPF(KWSP) presently dominates local equity and bond markets with up to 50 percent of daily Bursa volume represented by EPF related trades, a situation that is not healthy for the market or for the EPF. Government has announced that the EPF will be allowed to invest more assets overseas, both diversifying its portfolio and creating more room domestically for new participants. EPF currently has about 6 percent of assets invested overseas and this will increase significantly. EPF will also increase its direct investments within the country’s real economy, as an alternative to market investments – taking positions in healthcare, commodities, property and other long-term investments that match EPF’s requirements to protect the real rate of return on its assets. They also outlined a strategy for GLCs to dispose of non-core assets; to catalyze and develop the eco-systems of their core sectors; and, to compete on a level playing field with the private sector. Building upon the third principle, Government Linked Investment Companies (GLICs) should be allowed to divest non-core and/or non-competitive assets. (NEAC on NEM, 2010) GLCs and Government holding agencies will be encouraged to pursue strategic collaborations with private sources of capital in Malaysia in order to provide prospective investors with exposure to the government order book and build national competencies. Such partnerships will not only drive the regionalization strategy of Malaysian companies which is vital given the size of the domestic market, but also ensure ready pools of capital are in place and available for quick deployment. As such, the opportunity to form partnerships with a wider range of co-investors including retail investors, local and foreign mutual funds remains open. These plan if successfully implemented, the catalytic coalitions could become a unique form of Public Private Partnership. GLCs already have initiatives moving in this direction. Examples include the upcoming Astro (taking private) and Saudi Arabia utilities project partnership between Malakoff and Tenaga Nasional. GLCs have made progress in divesting its non-core assets and Khazanah alone has over the course of the last nine months divested significant stakes in Tenaga Nasional, Malaysia Airports and PLUS for the purpose of increasing the liquidity of these counters. GLCs will continue the divestments of non-core and non competitive assets that operate in areas where new strategic shareholders have the potential to enhance the creation of value, as compared to them being left within the government stable. There are plans outlined to divest the government’s stake in Petronas, Percetakan Nasional Malaysia Berhad, CTRM Aero Composites Sdn Bhd, Nine Bio Sdn Bhd, Innobio Sdn Bhd and others. However for the purpose of the subject of this paper, we will be zooming-in on the divestment of 32% shares of government in Pos Malaysia Berhad. (Khazanah Nasional on GLCs Divestment Plan, 2010) This paper is divided into 5 sections. Section two is a review of relevant literature. Section 3. details our data and methodology. Section four, presents the results and analysis and the final section five concluded everything. Problem Statement Based on the fundamentals in Corporate Finance, the business organization’s aim is to maximize its shareholders’ wealth by maximizing their returns. Pos Malaysia over the years has been generating steady but declining profit margins, maintaining healthy cash flows, continues paying dividends above 10% every year since the last 7 years, initiated share repurchase in the open market in 2007 by distributing RM800 Million of payout to its shareholders and experiencing reduction in its share price despite the basic fundamental in Corporate Finance where share repurchase will result in the increase of the firm’s share price. Despite the commendable performance over the years, Government under the New Economic Model has decided to divest its shares in Pos Malaysia Berhad. Therefore this paper is meant to study the influence of government’s holding on the companies’ performance in Malaysia. A very important point to note here, as the research methodology is too high level and beyond my level of expertise, I will be using the recent research methodology and findings of more prominent scholars and researchers to avoid any misrepresentation on my concept paper. Literature Review Suggestions from both the agency theory and the property rights theory indicated that privatization should impact the corporate performance of companies positively. First of all, the agency theory argues that the government, being the major shareholder of state-owned enterprises (SOEs), is not effective in monitoring the performance of these enterprises. The study by Graf et al. (1990) notices that the management mechanism for state enterprises in developed countries are very hierarchical, ranging from the State, the Federal-owned Assets Management Bureaucracy down to State-owned Assets Management Bureaucracy. Although they are responsible for the appointment of managers working in those enterprises, it has difficulties in monitoring the performance of thousands of SOEs. Such a top-down bureaucracy in fact is ineffective in recruiting capable managers. Managers in those SOEs may have limited expertise in modern finance as well as investment theories and practices. Moreover, with little or no equity incentives, those managers may have no incentive to maximize the value of these firms. The argument for privatization by agency is that shares distributed to private investors would spur greater incentive for monitoring the performance on these agents, thus reduces agency costs by reducing the agent’s conflict in dealing with diverging state objectives for social welfare maximization versus firm objectives for profit maximization. The property rights theory (Alchian, 1961) on the other hand examines the relation between government and private ownership and their effect on firm performance. They suggest that firms with private ownership should perform better than those with government ownership. According to Aharoni (2000), owners of private firms, as holders of revenue rights and residual control rights, have an incentive to monitor the management behavior closely, thereby affecting a firm’s performance positively. Privatization aims at the decentralization of the state property rights, so that the resource allocation mechanism can be transformed from one focused on central planning to one focused on market orientation. This re-distribution of property rights increases both the control or income rights to private owners and managers, and is therefore likely to improve the corporate performance of SOEs. Privatization in Malaysia The privatization in Malaysia started during the era of the 4th Prime Minister, Mahathir Mohamed in 1983. it was very much consistent with his personal ideological and policy preferences as well as the then new wave of conservative market reforms beginning in the West with the election of the Thatcher Government in the United Kingdom in 1979 and the Reagan administration in the United States the following year. Privatization has unevenly proceeded since its emergence in the 1980s. Of the 2,100 known cases of divestiture in developing countries between 1980 and 1991, over half (around 1,300) were in Mexico and Chile alone, leaving a low single digit average for the others (Kikeri, Nellis

Case Analysis Of Ethical Conduct

The nonprofit hospital has the duty to provide healthcare to its poor and indigent citizens. They charge these patients list prices for their healthcare services. This subgroup of the population functions without the security of healthcare benefits and is expected to pay the highest prices for their care. The hospitals that operate as their area’s not for profit facility accepts tax dollars to support its operations and to provide charity care within the community. This seemingly contradictory situation becomes the ethical dilemma that faces this nation. Why are the not for profit hospitals permitted to charge the full price of healthcare services to the uninsured, and then pursue aggressive collection tactics to collect for the services? Part of the requirement of the not for profit hospitals is to provide substantial charity care to their needy population sector. The rewards for this charity care are the tax-exempt status the facility enjoys on its revenues and the ability to issue municipal bonds for capital improvements. The refusal to provide these services or to use abusive collection tactics may lead to the revocation of their tax-exempt status. Class action lawsuits have resulted in accusing nonprofit hospitals with excessively charging uninsured patients more than insured patients and utilizing questionable collection tactics. The recent result of the class action case against Resurrection Health Care Hospitals forced them to change their billing structure, reduce charges to all uninsured, and provide charitable financial assistance to patients to pay hospital charges (Clifford Law Offices, 2009). The potential 220,000 claimants will be able to have bills recalculated and receive refunds if over paid based on the new formula (Clifford Law Offices, 2009). The facility must discount hospital bills for the uninsured and provide the highest discount to those with limited funds. The assistance program limits the amount of the bill to no more than 10 percent of the patient’s income (Clifford Law Offices, 2009). The hospital is prohibited from placing a lean on the patient’s home to collect payments. These strategies give the uninsured a discount more in line with their ability to pay and are reflective of a charity care hospital. The Provena Covenant, a 270 bed hospital in Illinois, recently lost their tax exempt status when it was determined that their collection tactics were questionable (Richmond

Cuyamaca College Role of the Teacher Discussion

Cuyamaca College Role of the Teacher Discussion.

Discussion Prompt:As we discussed in our Zoom class this week, the role of the teacher is so important in the success of a child with disabilities being successfully included in a typical or regular preschool classroom. The teacher is so often the factor that makes it possible for a child to be included, to have friends, to be able to participate fully in the activities of the day.Read through the following article and watch the videos that are provided. The article is actually focused on school aged children, not preschool, so you will see graphics that show children sitting in desks, not on the floor like a preschool, and you will see photos of information. But the information provided is very very good!! I especially am excited this week to introduce you to Universal Design for Learning (Links to an external site.) (UDL).Initial Post:After you’ve watched the video, please share “what is the most important idea you learned in this video?”. Include your feelings about why you think this idea is so important.Reply to one other student:Then respond to at least one other student’s post. Tell them what new insight you gained from their idea and ask them one question that you have about their idea.
Cuyamaca College Role of the Teacher Discussion