Db 5 Essay Example | Topics and Well Written Essays - 750 words

Db 5 - Essay Example The given case study reflects an ethical dilemma that organizations normally face during employee selection processes. This paper will critically analyze the given issue and suggest the most possible solution. Case analysis The two candidates, Martin and Joy apply for job in a computer technology company for the position of software trainer. The candidates are from two different countries and both of them possess certain unpleasant backgrounds. Martin has a scar on the right side of his face which indicates an extensive employment injury record. At the same time, Joe has a criminal background. In my opinion, the case does not fall under the category of diversity. To illustrate, â€Å"the concept of diversity refers to the number or the proportion of people within a community or social environment that hold different and various roles.† (Diversity Categories). This concept is against all forms of discrimination and it tries to promote social equality. Martin is from China and J oe is from United States. Here, the firm does not consider the nationality of the candidates in its selection criteria; on the other hand, the firm only takes the previous work history of the candidates into account. ... In the final decision regarding employee hiring, I would consider the candidates’ work history and morals as the most determinant factors. Since the company would not have knowledge regarding candidates’ qualification, experience, efficiency, professionalism, and dedication, The candidate’s background information would be the only criterion to take final decision. The extensive employment injury record found to be the major weak-point of Martin. However, it is precise that a software trainer does not need to engage in physically demanding jobs that cause injuries. Similarly, the scar on Martin’s face does not raise any further interruption to his work. In contrast, Joe’s criminal background seems to be a potential issue that disqualifies him for the proposed employment opportunity. It is not advisable for the firm to employ a candidate with criminal background since he may hurt the overall cohesion and interests of the organization in future. The em ployment of a person with criminal background would promote unfair practices in the company. Moreover, the presence of employees having criminal background would adversely affect the repute of the whole organizational unit. In addition, Joe has body odor which would cause inconveniences to his co-workers. Hence, it is advisable to hire Martin for the offered post since he possesses better qualities and personal integrity required as compared to Joe. In this case study, there are no elements that constitute a legal issue because the hiring process does not include any religious, racial, or political discrimination. Law clearly states that an employer can refuse the job application of a candidate if the employer has sufficient reasons to prove that candidate would

International finance strategy Essay Example | Topics and Well Written Essays - 2250 words

International finance strategy - Essay Example Dividend policy pertains to the practice of company’s management in providing dividend payments or taking decisions related to the pattern and size of dividend cash distributions, which are to be made by the company to its shareholders (Nissam and Ziv, 2001). This decision to distribute company profits is critical for the company as it influences the capital structure as well as the stock prices. There are three basic contradictory theories in relation to dividend policies of firms. The first view in this regard claims that increase in dividend payments help to improve firm value. This is the bird in hand argument. The second view postulates that high payouts in the form of dividends have a conflicting effect on value of firm and is known as the tax preference argument. The third view is the dividend irrelevance hypothesis, which asserts that dividend decisions are irrelevant and dividend policy decision has no significant effect on the firm. Corporate managers have been able to realize that dividend payments are necessary to satisfy expectations of the company shareholders. They have tried to smooth out dividends over a long period of time because it is believed that reducing dividends might uphold an unfavourable image of the company to its shareholders. Hence, dividends are also used to give signals to the market about company performance and stability. Dividend policies have a huge impact on a company’s stock prices. There has been an ongoing debate regarding the impact of a firm’s dividend policy over its value and capital structure decisions since 1950s. The following sections shall discuss the issue in detail. In financial terms, the capital structure is a framework based on which a company finances the assets in combination of equity, debt and hybrid form of securities. The capital structure of a company is simply the formation of a company’s liabilities. According to