Paraphrase the paragraphs in the document Essay

Paraphrase the paragraphs in the document - Essay Example n the Chinese stock market, there are basically five classes of stocks: the ordinary domestic stock (A shares), foreign shares (includes B, h and N shares), legal entity shares (C shares), government shares and employee shares. Of all the five groups of shares in the Chinese stock market, the A shares have attracted the interest of most researchers. The A shares are listed in the Shanghai Stock Exchange as well as the Shenzhen Securities Exchange. The quotation of the A shares in both financial markets is done in the Chinese renminbi Yuan and only individuals who live in the country can buy the shares. Further, the Chinese stock market differs from its counterparts in developed nations on the basis of regulations and restrictions. In the Chinese stock market, the process of offering IPOs is characterised by strict regulations and restrictions than those in developed nations. The China Securities Regulatory Commission (CSRC) sets the rules for the Chinese stock market and ensures all the dealings are conducted in accordance with the set rules. Besides determining the newly issued shares’ annual quota, the CSRC is also responsible for setting the method of determining the offering price for new shares. The CSRC is charged with the responsibility of determining the allotment of quota to different areas and provinces via specific criteria, thus providing the number as well as cumulative value of IPOs awaiting listing on the stock market. The CSRC determines the fixed offering price (online) by multiplying the company’s earnings per share by preset price earning ratio (P/ E ratio). As a result, the Chinese IPOs receive little or no feedback because of the inflexibility of the method used for setting the offer price, which makes it difficult to respond to market changes (Su & Fleisher 1999). Critically assessing the features of the Chinese stock market, it is apparent that there are many factors interplaying to yield the Chinese IPO underpricing. The factors

Hero Essay Example for Free

Hero Essay Heroes are often stereotyped as fairytale characters who are endowed with supernatural powers that make them strong and buff. In reality, a hero can be an ordinary human being who strives to do extraordinary things to help others and make a difference in the world. A true hero not only possesses the qualities of strength and bravery, but also embody selflessness, morality and perseverance, essentially becoming a role model for all of those around him or her. Oprah Winfrey is just one example of an average person in our society who fits the characteristics and role of being a hero. She has devoted her time, skills, attention, and resources towards making the world a more prosperous place for others by educating, motivating, inspiring and rescuing people all over the world. Through the great generosity of Oprahs Angel Network and the construction of the Oprah Winfrey Leadership Academy for Girls in South Africa, Oprah Winfrey has proven herself to be a true role model and inspiration to all by her selfless deeds that make her a true hero of our times. To begin with, Oprah Winfrey was born into poverty to a single mother in Mississippi and faced many difficulties and grievances throughout her childhood years. She was sexually abused by her uncle, cousin, and family friend and became pregnant at the age of fourteen; her son died a short while after. Oprah then moved to Tennessee with her father where she began her career in the entertainment business. Her career began with a job on the radio at the age of nineteen and eventually led to the creation of the Emmy-winning talk show The Oprah Winfrey Show. According to Forbes Magazine, in 2003, Oprah became the first African-American woman to reach billionaire status, breaking through cultural, geographical and gender barriers, letting the world know it’s not your circumstances, but your heart that determines how far you go in this world. As Oprahs name became more widespread, so did her generosity. The Oprah Angel Network began to donate one hundred thousand dollars for the Use Your Life Award to all of those who dedicated their lives to helping others and had numerous achievements regarding humanitarian issues. Furthermore, she regularly gives charity to organizations such as AIDS Foundation of Chicago, Childrens Memorial Hospital and the Chicago Academy of the Arts. In addition to those organizations, Oprah has also gave out her sincere wishes and help to those poor souls who have been affected by the Tsunami and Hurricane Katrina. She donated over one million dollars to the Tsunami relief fund and ten million to those who were gravely affected by the disaster of Katrina. Growing up with a childhood full of hardships and being able to overcome them truly makes Oprah Winfrey an inspiration to everyone. Her selflessness, generosity, and general love and compassion for human kind has brought so many changes to our society that cannot be overlooked. Her immense perseverance and selflessness are just two contributing factors that make her the person she is today; a hero. Most importantly, Oprahs dedication to helping under privileged students obtain their education makes her a role model and symbol of hope for children all around the world. She created the Oprah Winfrey Leadership Academy for Girls in South Africa, where girls learn to use their full capacity to become excellent decision makers and the next leaders of our generation. The best African American teachers and administrators will be appointed in this school to help the girls excel in their knowledge and education. Not only is she the founder of the school, but the Oprah Winfrey Foundation contributed ten million dollars to maintain it as well. Oprah is helping to fight the battle against illiteracy one step at a time, and through her actions against it, she creates a foundation that many other people can follow. By giving so much importance to education, she becomes an inspiration and motivation that encourages girls all around the world to pursue their education further. By providing education, Oprah is empowering girls everywhere and giving them more options in their life than they ever imagined. As Oprah once stated, â€Å"Education is the path to the future. I believe that education is indeed freedom. With Gods help, these girls will be the future leaders on the path to peace in South Africa and the world. Once again, Oprah proved herself to be selfless and moral woman who persevered in becoming a role model for all of those around her. Her generosity is now the reason that girls in South Africa actually have a chance to make something of themselves and to receive an education. With one simple donation, she changed the lives of thousands of girls and created a brighter, much better future for them than they could imagine. By doing such deeds open-handedly and without anything in return, Oprah Winfrey is a genuine hero of our society. In conclusion, heroes are not people like Superman or Batman, but rather those who do everything in their ability to make the world a better place and Oprah Winfrey is just one of many who fit the criteria of being a true hero. She is engulfed around being selfless, moral, brave, perseverant, and a role model and inspiration to everyone around her. The generosity of Oprahs Angel Network has helped many impoverished people and even led to the construction of the Oprah Winfrey Leadership Academy for Girls in South Africa. With donations like these, Oprah has literally changed the future for African American girls in South Africa and helped them become more independent. She is now looked upon as a symbol for hope and a prosperous future because of all of her charity work concerning humanitarian issues. Heroes like Oprah Winfrey inspire everyone with their openness and compassion, essentially becoming a symbol for hope with their vision for a brighter and better future.

Alcoholism - A Serious Disease :: Alcoholics Drinking Binge Alcohol Essays Papers

Alcoholism - A Serious Disease Alcohol is the most used and abused drug in the world, for this reason there is no wonder why we have alcohol problems. The most common problem is alcoholism. Alcoholism is a chronic usually progressive disease that includes both a psychological and a physical addiction to alcohol. Alcoholics know what will happen to them when they drink but they are so addicted they cannot stop drinking. Alcohol becomes the most important part of the person's life. It totally consumes them, all their thoughts and actions have to do are somehow associated with alcohol. Alcoholism like other illnesses will become worse without treatment and remain life-threatening as long as it is left untreated. The psychological dependence an alcoholic has is when they think alcohol is necessary and life will not be good without it. The physical dependence an alcoholic has is when their body becomes so used to the drug that it now needs alcohol to function without pain. Alcoholism is not a disease experienced only by adults. Alcoholism, like any illness, can strike at any age. Ten percent of the adult drinkers in the U.S are considered alcoholics or at least experience drinking problems to some degree. Surveys have shown that more than one out of three Americans have a personal friend or relative who has had a drinking problem for ten years or longer. Almost two out of three Americans report that they know someone who drinks too much. It is estimated that there are 18 million alcoholic or problem drinkers in the U.S. For every alcoholic there are at least four other people who are affected by the alcoholic. This means that in the U.S. there are at least seventy-two million other people dealing with the disease somehow. Many people believe that alcoholics are people that are the skid row winos and bums. This is a common misconception, actually ninety-four percent of alcoholics live at home, while only six percent are the skid row type. Ninety percent of all alcoholics are employed, and many work for years before their alcoholism becomes so bad that they cannot perform their job. Federal officials estimate that the abuse of alcohol costs the economy well over one-hundred billion dollars every year. Alcohol does this by making people be less productive at work, taking more sick days, sustaining on the job injuries, collecting more workmen?s compensation, and increasing health insurance premiums. Physical Effects Prolonged alcohol use like that of an alcoholic can lead to permanent damage of your

Civic Participation and Voter Turnout Essay

Interaction in social networks has a strong, influence on whether or not individuals participate in voting and other political activism. Social interaction creates unique opportunities for individuals to learn about politics. It allows them to learn about various and differing views on political issues thus supporting the political activity of many people. It is my supposition that participation is dependent on the amount of political discussion that occurs within various social networks. Analyzing these interactions can provide a window into social networks and active political participation. It also shows that such interactions play a crucial role in explaining the role of other that predict participation, such as group membership, high school civic participation and individual resources. First, when and how do social networks make people politically active? Second, is the impact of informal interaction in those networks distinct from that of formal social organizations? Finally, how much does a social network model of involvement add to our theoretical and substantive understanding of how people become involved in politics? There really are two social network trends. The first is formal social interaction which is formal groups such as churches, social clubs and other formal organizations. These formal interactions develop many of our civic skills and expose people to more larger political opinions. The second in informal social interaction such as barbecues, parties and other interactions that are not in formal groups. These informal conversations expose people to political information from their surrounding social network. The implication is that social interaction can make people more active in politics when it exposes them to politically-relevant information. Social discussion exposes people to a wide range of information that may influence decisions to participate, such as information about how desirable it is to participate. (McClurg, 2003). Discussions with friends who are interested or active in politics can help people learn about the reasons for participating while reinforcing the idea that such behavior is desirable among one’s peers. People also may be exposed to information about the how politics works and how a person participates. Information about which candidate to support, why to support that candidate, when the candidate is holding a rally, or even how to just get involved are all types of information that can be effectively exchanged by these varying social interactions. Social interaction exposes people to a different set of politically-relevant information and stimuli than they possess individually. (McClurg, 2003). Individual understanding, information, resources, and ability are limited because there is just oneself to process information. Social interaction with other people gives one another opportunity to develop thoughts and resources that lower the barriers to political participation. â€Å"Consequently, social resource supplement (rather than supplant) the person resources and abilities that make participation likely. † (McClurg, 2003). Over the past 50 years in the United States, there has been a decline in many important facets of civic participation. Particularly troubling has been the steady decrease in the percentage of adults voting in local and national elections, a trend that has been extensively documented. In 1996, there were 13 million voters registered to vote however, only 49% of those people turned out for the general election which was the lowest turnout since 1924. (Voting Patterns). Again in 2000 only 50% of the voters turned out for the general election. The following is the presidential voter turnout rates from 1948 to 2008.

Child Development Observation Essay

The setting of where I observed the baby was at my house in the family room. The family room can be pictured as a square. The door to enter the house is in one corner of the family room. To the left of the door there is a mirror on the wall and next to the mirror there is a single person couch. The color of the couch is brown. That sits in the corner adjacent to the corner where the door is. Then, there are the sliding doors to enter the patio and in the corner adjacent to the couch there is a big, black television. Next to the television, my baby’s pink Winnie the Pooh play yard. Next to that is her small pink and brown, vibrating bouncer. Then there’s the last corner of the room which opens to the bedrooms. This is the room where the observation took place. The baby I observed is my nephew, Gabriel. He is four months and three weeks old. He will turn five months on the 22nd of this month. He was wearing a blue jean overall with a brown onesie that has little puppies. He also had some soft tennis shoes on. They are white with a navy blue stripe on each side each shoe. He barely has any hair and he has no teeth. In twenty minutes, Gabriel was very active. I started observing as soon as he woke up from a nap. He began by stretching both of his legs straight out and his left arm stretched straight up towards his head and his right arm stretched up towards the sky. My boyfriend then picked him up and started talking to him. Gabriel started laughing and kicking his feet back and forth, starting with his right foot and continued by alternating each kick with the opposite foot. He stopped laughing and shoved both of his hands in his mouth. He made himself gag. He was then tickled again and started laughing. Again he began kicking his legs, left then right. He grabbed his face with his left hand. He started to get hungry. While his bottle was being prepared, he began sucking on his left hand and he began to make sucking noises. As my boyfriend got the bottle close to Gabriel’s face, his eyes popped open and he opened his mouth. While he ate, he moved his right hand over his face and made sucking and snorting noises. He was also just looking around while eating. He was about a quarter done with his bottle, when he stopped eating and started pushing. Both of his hands clasped together and he made a noise which let us know that he was pushing. All of a sudden, I heard him pass gas but it wasn’t just gas. The gas came with a little surprise. He kept his fists closed and kept pushing. He was pooping. Once he was done, he gave a big smile and started kicking his legs again. He also began sucking on his hands. My boyfriend laid him on the floor on top of his blue, fuzzy blanket. Gabriel began making cooing noises. As my boyfriend began taking off Gabriel’s clothes, he continued kicking and making cooing noises. As his diaper was coming undone, Gabriel started laughing. My boyfriend got a hold of his legs and took off his diaper. Gabriel just began sucking on his hands again. Gabriel’s mom saw him and took his hands out of his mouth. She gave him a pacifier. He began rubbing his eyes with both hands. He then began to cry. My boyfriend put his clothes back on and continued feeding him. Gabriel was lying with his feet dangling off of my boyfriend’s leg. His right arm was around my boyfriend’s back and his left arm was on his stomach. He was making a sucking sound and was opening and closing his eyes. Gabriel jumped when he heard a loud noise. He opened his eyes and his left arm went straight up into the air. He was calmed down and closed his eyes again. His left arm dangled to his side. He stayed like that until he finished eating. He was stood up straight and burped. He fell asleep and he was laid in my daughter’s play yard with his arms to the side and his legs spread apart.