Monday, January 27, 2020
Discussion Between Shareholder Value Perspective And Stakeholder Perspective Economics Essay
Discussion Between Shareholder Value Perspective And Stakeholder Perspective Economics Essay Firstly, it is necessary to understand some definitions of shareholder , stakeholder and the theory of shareholder and of stakeholder . Why there has been many debates between two theories ? Shareholder is an individual or corporation owning stock in a public or private company. Shareholder decides the membership of the board of directors by making a vote . ( Mc Graw Hill , 2003). Maximising shareholder wealth means maximising the flow of dividends to shareholders through time there is a long-term perspective . ( Glen Arnold, 2008 ). Stakeholder are groups and individuals who get benefit from or are harmed by, or whose rights are contravened or regarded by, corporate actions . The list of stakeholder commonly includes customers, employees, suppliers and the community like shareholders and other investors. As stated by Frederick R.Post , shareholder theory supports that management is allowed to ignore the interest of the the other constituencies while pursuing the interest of the shareholder owners. Moreover, in the perspective of finance, shareholder wealth maximisation is accepted as being obvious logically ( Anant K. Sundaram , Andrew C. Inkpen, 2004) . The stakeholder theory has initial root in the research involving business , society and ethics. The first argument is supported to this theory by Freeman (1984). The stakeholder theory says that managers should pay attention to all stakeholders in a company , including not only financial claimants, customers, communities, governmental officials but also under the environment, terrorists or even blackmailers ( Michael C. Jensen , 2001). According to Thomas L. Carson, corporation should be operated for all stakeholders, not just for the shareholders. However, here are some misled understanding of shareholder theory and stakeholder theory needed to be explained . Sometimes people think that manager can do everything as long as getting profit regardless of ethical issue. But the shareholder theory forces manager to raise profit only through legal, nondeceptive means ( Friedman, 1962 ) . Moreover, it is sometimes said that shareholder theory is not willing to give corporate funds to charitable projects or training employees, but in reality when employees are trained , their skills are improved and maybe the effective work is better then ever before. Also the stakeholder theory is misunderstood that it does not require a firm to focus on profitability. Although the primary objective of the stakeholder theory is the concern of involving parties, it must be attained by balancing the interest of all stakeholders including all shareholders. In my opinion, shareholder wealth maximisation should be a superior objective over stakeholder interest . Some academic argue that there is a factual and normative consensus that corporate managers should act exclusively in the economic interests of shareholders and that the best means to this end the pursuit of aggregate social welfare is to make corporate managers strongly accountable to shareholder interest ( Hansmann and Kraakman,2000, pp 1 and 9). The logic in factual consensus shows that economic compels managers to maximise shareholder wealth by mass series of different propositions like that firms can be operated effectively thanks to perfect competitive markets for goods and services . After that the pursuit of economic efficiency creates firm-wealth maximisation and the firm wealth maximisation matches shareholder wealth maximisation ( Sundaram and Inkpen, 2004 ). Then competitive market also puts pressure on managers to maximise shareholder wealth. The logic for standa rd consensus illustrates that economic efficiency maximises social welfare. However, the market is not perfect , there are many conflicts of interest that shareholders can benefit by taking from other stakeholders. For instance, they can renegotiate contracts under changed conditions or adopt an investment policy that redistribute wealth from other stakeholders. Doing favour to shareholder is dependent on their situations., firms shareholders are closer to financial default which does not care much their reputation . With the assumption is that perfect competitive market, any firms always want to increase share prices benefits shareholders . It is carried out by selling, buying or holding their shares. But if we skip these assumptions, unanimity can leave. Foe example, if managers know something that investors do not know and realise that the intrinsic value in the stock is higher than its market value. Therefore, what shareholder wealth maximisation is unclear. It depends whether s hareholders want to keep or sell their shares. If shareholders want to sell, managers could involve in various costly signaling actions to correct the potential mis-pricing. Adversely, if shareholders do not want to sell, signaling activities are less logical. We also raises questions about the experiences foundations that managers are not even willing pay lip services that they want to maximise shareholder wealth. Because for whatever reason, managers are not ready to publicly approve shareholder wealth maximisation with much enthusiasm. In contrast, they prefer to seeking several targets and shareholder wealth is often not one of them. Furthermore,they are reluctant to show ranking for the various targets they pursue, and even if they do, there is still less evidence that shareholder wealth maximisation plays the top priority . The stakeholder theory also has drawback like that how to realise corporate social responsibility , for example how to consider all stakeholders interests appropriately which is often flawed in that they do not take into account the various essential conditions and institutional restrictions of corporate decision making as to the problems of behaviour by the people who influence corporate decisions. Moreover, corporate governance is involved in how business company should be controlled legally. Management has a fiduciary task to serve the interest of shareholder and shareholder wealth maximisation should be objective of the company prescribe how strategy and investment decisions can be made. They show us little about how managers actually do their duty of managing a company to create value for shareholder . There are some ways that stakeholders can be treated unfairly, and each unequal treatment might rise efficiency at the expense of another. Thus, economic system is required to ens ure the basis fairness and managers have responsibility to behave toward all stakeholders with fairness and moral concern. A situation can be caused for stakeholder management, then if these legal obligations are insufficient to make sure the equal treatment of all stakeholders. Just corporations should defend and assist the interest of all stakeholders, they should behave all stakeholders fairly. From the above definitions, we can see that shareholder is one of the dimensions of stakeholder. But if we thinks that considering stakeholder interest as superior over shareholder wealth , it also means we must pay attention to all objectives of stakeholder interest . It is difficult to practice this because various stakeholders has conflicting or different objectives . Shareholder wealth maximisation is a single-value objective focusing on the owners of a company. Shareholder wealth maximisation supplies guide of workable decision as well as support the total value creation of the firm if pursued. In turn, it promote each group reach a greater share. Employees who finding expanded benefits are more likely to obtain these goods if the firm is prospering. And the same argument can be developed with suppliers, customers or investors and other stakeholder group It does not mean that stakeholder is disregarded comparing the owners. Reversely, the interest of other constituencies is need ed being aware but the owner is considered first. Because the objective of a firm is to maximise shareholder wealth in the long run , and the shareholders is real owners of a firm. They establish a company to get profit . But to get profit , they must have management strategy for community, employees and customers. Therefore whether they operate their company in which way , the final objective is always to maximise shareholder wealth. The problem is that should we view shareholder wealth maximisation as higher-ranking objective than stakeholder interest or just taking into consideration shareholder value maximisation ignoring the interest of other constituencies ? The answer is that shareholder wealth maximisation should be a superior over stakeholders interest combining the taking account of other constituencies. Furthermore, to get shareholder wealth maximisation in the long run, a company must care customers, environment. It is obvious that in reality, a company want to survive a nd operate successfully , it should have many strategies to pay attention to customers such as after-sale services, promotion. Enron case is a remarkable example to show the failure of shareholder theory in pursuing shareholder wealth maximisation not paying attention to stakeholders interests. 2001 was the year with the largest bankruptcy reorganisation in American history, it made stock price fallen and Enron is a superlative illustration of largest financial fraud. Enrons stockholders and employees are the most visible victims, and 4000 employees were quitted around the bankruptcy time . Besides, the failure of Enron was because of that the pursuit of intermedia shareholder wealth made it involved risk prone and caused to misapply economics . It requires too much from strategies with regard to the increase in earnings per share. Academic explains shareholder wealth in the mention of management practices that increase productivity. In recent year for fair investors, the practice of shareholder wealth maximisation does not mean patient investment. As an alternative it gets obsessed with short term showing n umbers. In Vietnam, Vedan case is also extraordinary example in the showing the failure of not paying the environment. It is a Taiwanese company specialising in producing monosodium glutamate in Vietnam. Vedan Vietnam was discovered discharging thousands of cubic meters of untreated toxic wastewater directly into the Thi Vai River for nearly fourteen years . It polluted seriously the river basin resulting in economic damage, negative effects on life and health of farmers in the region. As the result, Vedan company must pay 120 millions offered by the damaged provinces. And vedan company agree to pay condensation from now to 2011. And there is worthy-sad truth is that Vedan has been being boycotted gradually in Vietnam. These are two examples making clear that the failure of pursuit shareholder wealth maximisation not caring community. Besides, there are still lot of companies running successfully for a very long time because they know well how to maximise shareholder wealth accompanying care of other constituencies . In conclusion, shareholder wealth maximisation should be a superior objective over stakeholder interest. However, to get maximise shareholder wealth in the long run, a firm must pay attention to stakeholder interest . Therefore, a firm want to operate successfully, besides maximising shareholder wealth, it should satisfy the interest of stakeholders.
Sunday, January 19, 2020
social security Essay example -- essays research papers fc
In reading the book â€Å"Social Security and the Family†I learned a lot about the system that I had no idea about before. The book was fact filled and almost fun to read the need to know information. I gained much knowledge in the specifics of why the social security system is in need of reform, and why it will be inadequate in the years to come. One of the reasons our social security system isn’t working is because, â€Å"Social Security was modeled on the single-earner, married-couple family†(1). Times have changed dramatically since then.      When assessing the issues and current structure of the security system for change, â€Å"Four elements characterize the objectives of most tax expenditure programs, including Social Security†(179). A few of these issues are related to recent subjects addressed in class.                                                             The first discussed is Income adequacy,†or the extent to which the program distributes more resources to those who are worse off than to those who are better off, typically measured by annual income. One important measure of the programs success in meeting this objective is its antipoverty effectiveness†(179). Since poverty is one of the main reasons for reform, this is a good issue to have been discussed.                     The second is individual equity, â€Å"based on the idea that individuals should get what they pay for†(181). The problem with this issue is that many people are not getting back all they deserve.                                              The third discussed as in class is horizontal equity, â€Å"or the equal treatment of individuals in equal circumstances†(181). The idea behind horizontal equity is to give families with about the same earning... ...nts' card games to repeat the promise. He has brought along his mother, Barbara Bush, to show he understands older people's concerns†(NYT). This is just one of the many problems we face in trying to fix the system for now and in the long run for when its time for the younger generations to retire. Social Security and the Family†is a very well written book in addressing the under-funded System and other unmet needs. Being edited by three individuals who are Mellissa M. Favreault, Frank J. Sammartino, and C. Eugene Steuerle gives the reader three times the information about the system. The Setup and way the book flowed kept you reading through the ideas with ease. I would recommend this book to anyone and everyone because that is who the Social Security System affects. Works Cited New York Times. The New York Times Company. 2005      Anne E. Kornblut. â€Å"Bush Opens Door to Changes in his Plan†     March 23, 2005. http://www.nytimes.com/2005/03/23/politics/ 23social.html Melissa M. Favreault, Frank J. Sammartino, C.Eugene Steuerle, editors.      Social Security and the Family. The Urban Institute Press. 2002
Saturday, January 11, 2020
The Great Barrier Reef Environmental Sciences Essay
When one speaks of the Great Barrier Reef, they tell of the most celebrated and largest coral reef in the universe. This eye-popping universe of works and carnal life is difficult to grok and is fantastic to see. The wide and shallow Continental shelf of northeasterly Australia provides an ideal base for growing. This reef is a aggregation of 280 barrier reefs, 300 coral keies and stone islands stretching for 1,250 stat mis along the seashore of Queensland, Australia and 160 stat mis offshore. It covers 135,000 square stat mi or approximately merely a small larger than the size of New Mexico. It is inhabited by 1000000s of unusual animals. A individual coral wall holds a broader representation of life than an full continent. It has solid rock that grows upward like a palace or sideways like a Fringilla montifringilla coppice making crevasses that look like mini-grand canons. There are 2000 different types of fish in great battalions of vivacious tropical colourss and angle that do n' t even look like fish. The stone is really coral that comes in all colourss, signifier, and gestures – plume dust storm and Christmas tree coral in ruddy, navy, and pink ; domes of encephalon coral that truly look like encephalons, plate coral that look like elephantine battercakes and staghorn coral that look like they should be on top of a cervid ‘s caput. There is black, pink and ruddy coral that is used in jewellery devising. In fact, there are about 350 different coral types. Coral may look to be lovely workss but they are animate beings – bantam rapacious animate beings. Even though they can non travel, they reproduce, communicate and grow. They begin life as unattached pinpoints called planulae. This pinpoint finds a good foundation, go for good affiliated and develops into a mature polyp. This polyp is merely a heavy tubing with a oral cavity at the top with a circle of tentacles. Despite the simpleness of this design, the coral polyp has persisted for over 400 million old ages. The ground for this success is its place – expression closely and you will see bantam small pores. Each pore is home to a polyp. This place is nil more than limestone that they have created themselves. The polyp takes Ca and carbonate from the saltwater and deposits it about them until they have a snug place. This secreting of limestone continues throughout their life and is deposited at the base of the place so that that the polyp is ever on top. As their place grows, the polyp splits into two, so four, and so eight with uninterrupted dividing until one person has become a settlement. As the size of the settlement grows it becomes a reef that contains 100s of 1000s of settlements with one million millions of polyps, all bound together by their limestone. Corals are invariably looking for more room and finally one type of coral with overtake another type of coral. When this occurs, the also-ran dies and their limestone place becomes the foundation for extra places of the winning coral. This changeless growing, decay and re-growth repetition infinitely as it has for the past 400 million old ages and hopefully for the following 400 million old ages. The Great Barrier Reef appears to be a flower garden with â€Å" petals †blowing in the â€Å" zephyr †of the ocean ‘s currents. The petals are really the tentacles that sit atop the settlement like bantam flowers. This â€Å" flower garden †is lead oning ; it is a deathly web of hold oning fingers coated with glue-like mucous secretion that traps plankton. The fingers of the polyp have tiny un-seeable stinging cells that stupefying its quarry. Then the fingers pass their gimmick from one to another until making the polyp ‘s oral cavity. Some big polyps are so powerful that they can trap little fish. Through a web of nervousnesss, each polyp, communicates with other settlement members. Touch a coral polyp and it will abjure into its rock place. Tap it harder and the full settlement may retreat. Large lone corals can even work together to upright itself if turned upside down during a storm. The tentacles will delve a hole in the sand until the coral Begins to lean ; so go on delving until it uprights itself. How does the polyp know which side should delve and which side should non delve ; is an unbelievable enigma. In order to maintain it self clean and from being buried, the settlement will clean it self by traveling the bantam cilia that cover their organic structures in concert causation deposit and sand to be moved the borders of the settlement. The coral besides secretes a thick bed of mucous secretion that traps soil and so is sloughed off in big sheets. This cleansing maneuver is besides good to other reef occupants as an extra protein rich nutrient beginning. The coral polyps and their places are merely the beginning of the Great Barrier Reef. There are eccentric oddnesss at each crevice and nook. Lionfish with their â€Å" mane †, butterfly fish, clownfish, barracudas, pediculosis pubiss, runt, sharks ; the list can travel on and on. The reef attracts 100s of species of animate beings to feed, engender, and slumber. Sea urchins walk on the tips of their spinal columns beckoning their other spinal columns like a unsighted adult male walking down the street with a cane. In fact, urchins do non hold eyes. The rainbow parrotfish eats the coral reef and passes the limestone out as white sand, which becomes the environing beaches. These eatened countries become places for sponges, worms and molluscs and destructive forces such as bore bits and parasites. The destructive forces create more holes and shortly the reef has become a elephantine piece of Swiss cheese with spreads and tunnels supplying legion mini-ecosystems and concealing topographic points for fish, moray eels, lobsters and sea stars. Some of the more interesting animate beings are the immense, spiked, poison-tipped sea star called the crown-of-thorns sea star, which eats unrecorded coral polyps, the dunce shark, beams, the elephantine clam, sea serpents and sea polo-necks. Despite all attempts by the Great Barrier Reef Marine Park, there are legion species that are on the endangered list – which include sea polo-necks, kyphosis giants, Triton Trumpet Shell and the Banded Sea Snake. Marine polo-necks are the earliest seamans of the oceans. They foremost emerged during the dinosaur age and have been swimming in the sea of all time since. Female polo-necks still climb the sandy beaches to put their eggs as their female parent ‘s did more than 150 million old ages ago. Turtlenecks have changed small since that dinosaur age – they still live their full life in the H2O except to put their eggs. Six of the universe ‘s seven species of marine polo-neck live in the Waterss within the Great Barrier Reef. Some species such as the dunce and green polo-neck are seen often, while others such as the Olive Ridley and leathery turtle are rarely seen. The most endangered is the level back sea polo-neck. The causes for hazard are: they lay fewer eggs than other polo-necks, marauders of foxes, warrigals and the Australian Monitor Lizard and vanishing nesting sites. Humpback whales come from the South-polar Waterss to the Great Barrier Reef from May to September to break up and to construct up strength over the winter before they return to the Antarctic in summer. The Great Barrier Reef is the baby's room for the kyphosis giant. Female kyphosis giants give birth to a calf that is 10 to 15 pess long at birth and weigh around 2,000 lbs. The female is pregnant for 12 months and so nurses her calf for another twelvemonth. She can give birth to a babe calf about one time every three old ages. Merely between 30,000 and 40,000 kyphosis giants remain in the universe. This is about one-third the Numberss of kyphosis giants that originally roamed the oceans. Hunting is non the lone ground that the kyphosis giant is endangered. The devastation of their home ground has contributes to their disappearing. For illustration, the giants feed on krill and logging is killing krill. Loging creates overflow of deposit and nitrates into the ocean. The Triton Sea Shell snail is now a rare discovery in the Great Barrier Reef and the Pacific Ocean. They are found at the deepness of 15 – 60 pess in the coral home ground. This snail is really of import to the reef ; it preys on the Crown of Thorns sea star which eats the reef ‘s coral. After turn uping its quarry, the cornet snail paralyses the sea star with an injection of paralytic salivary juices, and so drills through the sea star ‘s skeleton with dentitions to feed on the soft tissue indoors. The Triton Sea Shell is really rare because of the beauty and size of its shell and it is wanted by serious shell aggregators everyplace. Sea serpents occur in the tropical Waterss of the Great Barrier Reef. They inhabit shallow Waterss along seashores and around islands, river oral cavities, and can go up into rivers up to more than 100 stat mis from the sea. This snake provenders on fish, fish eggs, and crustaceans and molluscs. The Banded Sea Snake is egg-laying and is highly deadly. The Banded Sea Snake still must come up to breath air and has smooth scaly organic structures like land serpents. What makes the sea snake an first-class swimmer and frogman is their vertically flattened paddle-like tail. Sea serpents are exploited for their tegument, variety meats, and meat. The impact of this development on the Banded Sea Snake is difficult to find due to the deficiency of monitoring of commercial piscaries. Why is the Great Barrier Reef of import to worlds? The reef is called the rain forest of the ocean due to its biologically diverse ecosystems. It is 2nd merely to tropical rain woods in the figure of species it harbors. Although the Great Barrier reef merely occupy 20 % of the oceans coral reefs ( an country approximately the size of North Carolina ) , it is home to about one one-fourth of the planet ‘s aquatic species. Coral reefs offer of import income beginnings for their human neighbours through touristry and fishing, which provide both subsistence and trade. Recently, scientists have begun to detect that coral communities may incorporate valuable medical specialties that may one twenty-four hours take to interventions for malignant neoplastic disease and HIV. For coastal communities, the reef besides plays an of import function in protecting their coastlines from storms. I have spoken of how fantastic and of import the Great Barrier Reef is ; but, the reef is among the most susceptible to human impacts and is being damaged and destroyed with dismaying easiness. Practices such as over-fishing, the usage of dynamite or toxicant to capture fish and dropping boat ground tackles on corals has produced tremendous harm. Even an inadvertent touch from frogmans and snorkelers can significantly damage the delicate coral polyps. Pollution, silting from land-based building, and fertiliser overflow have led to damage to coral reefs worldwide by barricading the sunlight corals require for photosynthesis by their symbiotic algae. Rising sea temperatures from planetary heating can besides destruct corals. However, when a coral reef has been damaged from human effects, it may hold a more hard clip retrieving from natural catastrophes. Due to the reef ‘s sensitiveness to really little temperature lifts and to alterations in ocean acidification, the Great Barrier Reef is watched to supervise clime alterations. Australia ‘s most well-known Marine and environmental scientists say to be able to deliver the Earth ‘s coral reefs from widespread harm caused by adult male, the industrialised states will necessitate to cut planetary heating, C emanations and ocean acidification by 25 per centum by 2020 and by 80 to 90 by 2050. Coral decease and decoloring due to thermic injuries involved over 50 per centum of the Great Barrier Reef in 1998 and 2002, when the summer maximal H2O temperatures were increased by merely one to two grades centigrade. Bleaching is a mark of emphasis. Corals appear bleached when they expel the bantam workss that normally live in their tissues. High H2O temperatures and other environmental conditions stress corals and can do them to decolor ; but, they can last if the H2O temperature does n't remain elevated for an drawn-out period of clip. The reef experienced bleaching in 1998 and had n't recovered before decoloring occurred once more in 2002. The 2002 bleaching is the worst episode on record with harm to both on-shore and off-shore reefs. Airplanes were used the position the Great Barrier Reef bleaching and they discovered that about 60 per centum of the Marine park reef was heat-stressed. Fortunately, the harm by decoloring has non caused widespread decease of the coral. We mere ly need to look at other reefs around the universe to acquire a clear warning as to what happens when the temperature spikes becomes more legion and acute. Ocean acidification is speed uping and has already earnestly affected the growing and strength of corals on the Great Barrier Reef. Ocean acidification will impact all marine beings and this will upset the ecology of the universe ‘s oceans making a socio-economic influence on piscaries and other pelagic concerns. What sort of impact will the diminution of the Great Barrier Reef hold? The Australian economic system benefits significantly from the Great Barrier Reef ; it generates about $ 5.4 billion dollars every twelvemonth. The touristry industry produces $ 5.1 billion, recreational involvements make $ 153 million and commercial fishing turns out $ 139 million. The coral reef has already seen better yearss despite good direction by the Marine park. Loss of coral protections reduces biodiversity, finally upseting touristry, fishing and coastal protection. â€Å" We ‘ve seen the grounds with our ain eyes. Climate alteration is already impacting the Great Barrier Reef, †says Professor Terry Hughes of the James Cook University located in Queensland. What is being done to protect and continue the Great Barrier Reef? Because of its alone national and international significance, the Great Barrier Reef is listed under the World Heritage Convention. It meets all four of the natural heritage standards: biological diverseness, aesthetics and natural beauty, ecological and biological procedures, and geological admiration. To guarantee that the biological diverseness and construction of the Great Barrier Reef are maintained, the Great Barrier Reef Marine Park has started a class that will enlarge the country and figure of â€Å" no-take †Marine safeties. The no-take zones will hold representation from all bioregions that are recognized in the park. Monitoring is important to track alterations, such as eruptions of crown-of-thorns sea star, locate coral bleaching, or diminutions in the position of inshore reefs. Keeping an oculus on H2O quality is done by supervising the H2O quality in the rivers that flow to the Great Barrier Ree f. Education is raising reef consciousness and taking to improved patterns in the agriculture – cane and banana husbandmans are modifying their usage of fertiliser to minimise run-off loss. The pattern of green cultivated land of harvests and rubbish blanketing ( go forthing the rubbish on the land as compost and non firing harvests ) is increasing, which reduces deposit and alimentary loss. The Great Barrier Reef is an astonishing portion of this universe and its disappearing would be a great loss to adult male and nature.
Friday, January 3, 2020
The Adventure Of The Abbey Grange Essay - 1310 Words
The sense of utter hopelessness and lack of control at the hands of a loved one is a feeling with a much greater understanding in the modern day. By contrast, we see in Sir Arthur Conan Doyle’s â€Å"The Adventure of the Abbey Grange†that due to societal attitudes, women in the Victorian Era had few options and recourse in response to violent situations. Women were often trapped in violent relationships, unless a male protector intervened. Conan Doyle was ahead of his time in his view of an abused woman through his acknowledgement of the multiple dynamics of abuse, his recognition of the backlash a woman faced, and the sympathetic stance he takes on the issue. â€Å"The Adventure of Abbey Grange†is the tale of a victim of domestic violence, Lady Brackenstall, whose abusive husband is found murdered. Lady Brackenstall is seen covered in physical marks, indicative of abuse, yet hides and diverts attention from them. Her maid tells Sherlock Holmes of the Lady†™s mistreatment at the hands of her husband, yet also her pride that kept her from complaining. A former love interest is appalled by the mistreatment, and kills Lady Brackenstall’s husband in an attempt to defend her. Doyle addresses the multiple forms that abuse comes in. â€Å"Her sufferings were physical as well as mental, for over one eye rose a hideous, plum-colored swelling†¦.†(Doyle 2). As is the case with most abusive situations, the abuse did not come in one form. There were the physical aspects, but also financial, andShow MoreRelated How does Conan Doyle present the character of Watson in the Sherlock1127 Words  | 5 Pagesalong with Holmes. Although, intellectually he can not compete and always seems to become second best; Holmes, I cried, I seem to see dimly what you are hinting At. We are only just in time to prevent some subtle and horrible Crime. (The adventure of the speckled band) The two also differ in other ways, for example although Holmes is intellectually gifted he lacks the contact of friends, this shows him as a loner. On the other hand, Watson, being the average man, has friends and laterRead MoreSherlock Holmes : A Fictional Character Created By Sir Arthur Conan Doyle1121 Words  | 5 Pagesboth Holmes and Watson use their revolvers shoot and the dwarf falls into the steam, more than likely, to his death. Charing Cross Station opened in 1864 and is still in use today. Charing Cross was mentioned in the following six Holmes stories: Abbey Grange, The Illustrious Client, The Empty House, The Golden Pince-Nez, A Scandal in Bohemia, and The Second Stain. Doyle could have mentioned it more often due to its close location to Holmes’s apartment at 221B Baker Street. Transportation varied throughoutRead More Sherlock Holmes: Logician or Theseologist? Essay4626 Words  | 19 Pages Sherlock Holmes: Logician or Theseologist? I propose to devote my declining years to the composition of a textbook which shal focus the whole art of detection into one volume. â€â€Sherlock Holmes in The Adventure of the Abbey Grange He is a Logician A logician studies the way we ought to reason; she is interested in the distinction between corect reasoning and incorect reasoning. Although we al reason and are often interested in whether our reasoning is valid we are not a l logicians
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