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On the determinants of capital structure article

Monopoly, Things Break apart, Football, Hypothetical

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Rabaasso, C., Briars, M. Rabasso, M. (2015). Hoheitsvoll family business in Qatar and the Emirates through athletics club administration: Green cleansing or a environmentally friendly model? The cases of FC Barcelona and Stansted City. IJES Vol. 3 (2) five.

This paper explores a couple of concepts. The authors take a look at two examples of sports clubs – FC Barcelona and Manchester Metropolis – which might be owned by royal households, one in Qatar and the additional in Abu Dhabi. The first idea is that the writers contend these types of sporting night clubs engage in “sustainable” and “responsible” activities. The 2nd element of the article ponders if those activities will influence a traditions shift in these home nations, with the royal families essentially learning things about these concepts from the West and then making use of them to their particular nations.

On the first point, the author would not do a especially good job for outlining the word “responsible, inch but rather just repeats that these organizations include “responsible methods, ” however never elaborating on what these actually are. It is certainly not sustainable to jet teams and players around the world, and expend incredible resources for the sake of ephemeral entertainment. The authors would have increased their circumstance considerably by simply referencing just what these responsible practices at the heart of their analyze are.

The authors start out with a discussion about culture in Qatar, including some of the different things that the regal family is performing with regards to ordering art and promoting education. On an unrelated tangent, the authors reveal building Qatar’s brand like a nation, whatever that means. Because fascinating as being a full recounting of the royal family’s fine art purchases might be to some, it includes nothing to do with the topic of this conventional paper.

The author goes into a number of the labor techniques in Qatar, including the problems that the country faces with respect to sexuality discrimination. There has been external pressure placed on Qatar for recruiting reform, because the country movements into the modern day world. There is also a lot of talk about Qatar Airways, for some reason. There is certainly then some debate about the foreign migrant employees in the country, approximated to be 1 . 2 mil. Most result from poor countries, but encounter issues just like being unable to keep the country. There were accusations of labor exploitation directed at international workers in Qatar. They are the two crucial issues of note inside the discussion that frames the ways in which re-patriating Western ideals might transform Qatari society.

The next area of the conventional paper provides an overview of the Abu Dhabi circumstance, where City Football Group owns several football clubs worldwide, with Manchester Town as its flagship, but also teams in New York, Melbourne and Yokohama. This is accompanied by an overview of some of the moral issues that have been completely associated with Abu Dhabi, again pertaining mainly to the remedying of the migrant foreign work force. There have been accusations on a lots of different amounts, including hard, lack of moving water, housing, weighty debt and individuals having their particular passports placed.

The author then makes the assertion that these teams are building some sort of “globally responsible” brand graphic, without providing evidence that they will be doing so, or that responsibility (however defined) is even part of their very own marketing attempts at all. The authors after that toss out the term “green-washing, inches again supplying up not any evidence nor case that there is even an effort by possibly sports membership to show itself while an environmental champion or misrepresent it is ethics. The authors truly reference a science fiction novel and a Eileen Moore film at this point, having completely left behind all sham of professionalism and reliability.

They talk about what greenwashing is, cite a selection of their exclusive dystopian works of fiction. So there exists some careless work planning to outline the particular basic ideas are the fact that authors desire to discuss – what is durability, for example – but there are never associated back to the sports businesses being researched. Then they go back to talking about just how kids like their basketball heroes. They certainly note that FCB participates in some sports creation programs in its native Catalonia. The thing is, these types of programs possess existed for a long period, and they are not really associated with virtually any “greenwashing ” effort -just because a rewarding company gives some time in the community does not mean it really is trying to intentionally mislead buyers about its environmental record. The two are not even linked.

The creators after setting out some of the work the Barcelona Foundation will turn their attentions to a few of the function that Manchester City does. They quickly make the step, without even slightly substantiating whatever, that the Qatari royal relatives bought Gatwick City because 2000 workers have perished working on facilities for the 2022 Community Cup. They give up nothing to support this assertion.

The brand of Stansted City has grown since Town Football Group purchased it. As a member in the English Top League, the best league on the globe, it has a high profile, made higher by the cash that the CFG has been capable to invest in players and marketing promotions. The creators write a lots of things that don’t matter, but fail to actually point out where City’s branding efforts have been any sort of greenwashing, the actual have to do with this still undefined concept of “responsibility” and nothing is associated back to just how this influences the planet’s view of Abu Dhabi.

It was noted that the sheikh spend you billion of his personal money in Manchester, in some of that city’s most indigent areas. The authors will not examine the possibility that this is a vital marketing strategy to develop multi-generational loyalty for the club in a city where there is another main club which to be competitive. This is portion philanthropy, part long-term web marketing strategy. The experts note that the sheikh was quoted since saying that this investment demonstrates positively on Abu Dhabi’s values, which include loyalty and long-term preparing. This backlinks up with the marketing concept but has less to do with greenwashing, or perhaps deflecting interest away from Abu Dhabi’s individual rights concerns.

The conclusion with the paper expends an inordinate amount of effort launching a discussion regarding Paris St . -Germain, name-dropping Geert Hofstede’s cultural dimensions. The creators make reference to “global responsibility” again, continue to not determining it. They speculate regarding the beginning of an economy of “well-being” in the Middle East, rather than a great economy of production and consumption of manufactured merchandise. Not sure what this has related to football golf equipment.

No conclusion is reached, on the basis of evidence or otherwise, regarding how buying football golf clubs is related to misleading people about the ethical practices in their open countries, neither is there any kind of discussion of how learning about cultural responsibility in the West relates back in their home countries. These commanders are already Western-educated, so did not just understand social responsibility after they bought football golf equipment. Moreover, there is not any evidence why these clubs pursue social responsibility agendas. Even more, there is no evidence that any of that is brought back to Qatar and Abu Dhabi.

This article is of no value. It has no particular aim, alternatively throwing away some hazy question about an ill-defined concept of responsibility. The authors make tiny effort to pay attention to their own study question. The literature review is poor, with simply too much unimportant information, many inappropriate sources, and an unhealthy structure for the research. The background issue has some merit, as well as the research query does, require two things are so poorly operationalized that the paper ends up as being a disjointed combinations of disparate ideas. There is not any structure or perhaps flow to speak of. The hypothesis will certainly not be tested, the keywords hardly ever defined, plus the research query never genuinely answered. None of them of the authors’ assertions are supported by proof. As such, the paper is without merit while an academic paper, makes no debate and answers no concerns. It is thirty pages of random information and disorganized half-thoughts.

Content #2

Mera, X. (2010). Factor rates under monopoly. Quarterly Diary of Austrian Economics. Volume. 13 (1) 48-70.

Intro

The title from the second article is Factor Prices Beneath Monopoly, and the article was written by Xavier Mera. The paper looks at how the approving of monopolistic privileges may lower labor and terrain prices compared to free industry. The theory used in this study is essentially that monopolists not merely extract monopoly rents off their clients, although from their factor input services as well. Mcdougal concludes that granting of monopoly benefits therefore activates downward price pressure. This article was posted in the Quarterly Journal of Austrian Economics, which shows the ideological bent with the author.

The keywords that will describe this kind of paper revolve around monopoly rents, factor inputs and monopoly privileges.

Is designed

The research is speculative in nature, a thought experiment looking at the overall idea that monopolists exert their particular bargaining electricity both on the shoppers and the suppliers. The basic

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