Corporate Restructuring of RBS Essay Example | Topics and Well Written Essays - 2000 words

Corporate Restructuring of RBS - Essay Example Many organizations these days are practicing corporate restructuring to make the optimal use of their resource. Some organizations have found that corporate restructuring is necessary for enhancing the business profitability, while other businesses have not been very successful in restructuring. This has resulted in debates over whether the corporate restructuring is really beneficial or whether it is only a myth. This paper is going to look at the both sides of corporate restructuring and will conclude with the final word on the impact of Corporate Restructuring on the financial position of an organization. The major objective behind any restructuring program is to achieve the organizational efficiency. Corporate Restructuring schemes are designed keeping in mind the enhancement in productivity of the workers, cost control elements and any other objectives that are going to maximize the shareholder’s wealth. Conventionally it was thought that corporate restructuring improves the performance of a company’s shares on the stock market. This hypothesis was rejected by a recent study. It was revealed that announcements relating to Corporate Restructuring of an organization did not yield abnormal returns for the stockholders. Hence, Corporate Restructuring does not change market sentiments about the organization immediately. The change in financial performance only occurs if it is found that the corporate restructuring has enhanced the organization’s use of resources and there has been an increase in the profitability of the firm. (Bowman & Singh, 1993) Another study done on the group of hospitals revealed that Corporate Restructuring is not positively correlated with increase in financial position and performance of an organization. Other factors such as size of the organization, number of employees and target market are more likely to be the main difference between financially strong and a financially weak organization. The results of this stu dy may lack reliability because it was cross-sectional research containing data of only one year. In the long-run Corporate Restructuring forces might be more efficient and have an impact on profitability of the organization. But to be on the safe side we can say that Corporate Restructuring is not correlated with the profitability of the organization in the short-run at least. (Clement, A'unno, & Poyzer, 1993) The paper is going to examine the impact of Corporate Restructuring on the market of an organization. The results of the studies indicated that the smaller and more centrally concentrated organizations are better in strategic decision making. In the period of 1990s, many organizations with diffused investment subsidiaries and stakes lacked any attention from the investors and hence there was a lot of focus on downsizing strategies during that period. The study also focused that blockholder investment is necessary for the stability of organization and firms with blockholder in vestment are efficiently configured. Hence, it is better for the organizations to downsize and try to maintain blockholder organizational structure in order to safeguard against uncertainty. Many organizations are downsizing because over-diversification is doing more harm than good and investors have realized that the correct way of making money is by investing large sums in a single organization to achieve growth. (Bethel & Liebieskind, 1993) A

Racism in the United States Research Paper Example | Topics and Well Written Essays - 1750 words

Racism in the United States - Research Paper Example All other races at one point exhibit racist tendencies towards the Caucasians and among themselves. As far as the government is concerned there is no racism as the law is quite clear that it is illegal. As compared to earlier times of slavery and periods before the 1960s (when civil rights movements were most vocal), open racism has subsided in a huge way. Its form has also changed to be more covertly and technically portrayed than before. The education system, the justice system, health sector and the corporate sector in the United States are some sectors where many feel racism still exists. Immigration issue has also played a role towards racism. Campaigns against and for immigration have on numerous occasions centered on racism. These are some of the issues that lead to the discussion as to whether racism still exists in the United States since they touch on the lives of many. Racism in the US still exists but in a more subtle way as compared to yesteryears and past centuries, and it is manifested in all races not just Caucasians versus all others. Racism puts those being discriminated against in positions of uncertainty and sheer difficulty. Racists work towards ensuring the system is water tight to prevent success of the minority groups. Minority groups are blocked from fully participating in the education system, health system, corporate sector and other realms of social development, for example, politics. These scenarios are quite well depicted in Ellison’s Battle Royal. The author here tries to portray the life of an ordinary but eloquent and learned African American back in the early 20th century. At first the story informs that the young man is optimistic that, with his talent and education, the society will accommodate him. The society here means the whites in the boy’s community, and this is clearly illustrated when he says, â€Å"I visualized myself as a potential Booker T. Washington† (Ellison 939). The state of social affairs is also deduced from humility being the key point in his speech. The story further depicts the hard position in which racism put African Americans by stating that the audiences at the battle royal were divided on whether the fighters were to look at the naked girl dancing in front of them. This scenario saw a portion of the audiences order the fighters to look at the girl while the other portion ordered them not to do so owing to the belief that it is a taboo for an African American to stare at the nakedness of a white woman. The author stated â€Å"some threatened us if we looked and others if we did not. On my right I saw one boy faint† (Ellison 940). This taboo among many others, mostly in the Southern States, was meant to distant other races from marrying the whites and as tools to harass African American men. The Southern states has such high levels of discrimination against African Americans that even after the Civil Rights marches, many still lost their lives and a gr eat deal of their properties including houses all for in the name of white women pursuance. The minority groups have for decades received promises of better lives and a bigger share of the national cake with no tangible evidence of these promises’ fulfillments. This is depicted by the fact that the gold coins are only made of brass thereby showing deception toward the African Americans. It is also clear that the African Ameri