Benefits from Drinking Milk Essay Example

Benefits from Drinking Milk Essay This slogan was part of an ad campaign started in 1993 up until February of this year to encourage more and more people to drink cows milk 2. For thousands of years, people have been drinking milk, and its become a sat pale in many of our diets and meals. A. For years weve poured milk into our cereal and poured glasses of milk to accompany our cookies and ores. B. Theres no denying the fact that drinking milk CAN be beneficial for your health , but recent studies have revealed that milk is not as great and healthy as this a d campaign has led people to believe. 3. Im not here to say that all dairy products should be eliminated. Milk, yogurt, a ND cheese can be very healthy when eaten in moderation, but Im here today to t ell you why you may want to cut milk from your diet if you havent already. Body 1. Milk IS nutritious and can be healthy when drunk in moderation. A. A glass of milk contains calcium, protein, Vitamin A, Vitamin D, and many the r nutrients. We will write a custom essay sample on Benefits from Drinking Milk specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Benefits from Drinking Milk specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Benefits from Drinking Milk specifically for you FOR ONLY $16.38 $13.9/page Hire Writer One of the problems is that a glass of milk also contains pus cells, feces, and n acidic animal protein that increases calcium loss from our bones, but more on that later. Milk also contains bioengineering hormones, antibiotics, and pesticides, all of which are bad for not only us but also the environment. 2. Im sure that some of you here have probably been advised as a child to drink plenty of milk to build strong bones, and to prevent osteoporosis, which is a disease that causes bones to become weak and brittle, in the future. A. A glass of milk has 300 MGM of calcium, which means that its ideal for preventing osteoporosis, right? B. Well according to the Harvard School of Public Health, the answer is no. . Amy Llano PhD, who is the nutrition director for the Physicians Committee f or Responsible Medicine states that the countries with the highest rates of osteoporosis are the ones where people drink the most milk and have the MO SST calcium in their diets. D. The 1 2 year long Harvard Nurses Health Study discovered that those who consumed the most calcium from dairy foods broke more bones than those who rarely drank milk. . According to the American Journal of Epidemiology, consumption of dairy products was associated with an increased risk of hip fracture at an old age. The irony is that the animal protein in milk causes our bodies pH levels to become more acidic, which means that when we ingest milk, calcium is drawn out from our bones to neutralize the effects of this animal protein, and this in turn depl etes the calcium in our bones. In short, the calcium that our bones need to stay strong and healthy is used to cancel out the acidifying effects of milk. 1. Once it leaves the bones, it exits the body through urine, and the net result is a calcium deficit. 3. Research has also shown that milk increases the risk of cancer in men. A. A Harvard study has discovered that men who drank two or more glasses of ilk a day were almost twice as likely to develop prostate cancer as opposed t o those who did not drink milk at all. 4. Cows milk is the perfect drink. If you were a calf. A. Cows milk is perfectly suited for a calf and is capable of turning a pound calf into a pounded cow in just one year. Humans are the only creatures on earth who drink milk past infancy, and the only ones who drink the milk off different creature. i. The truth is that humans arent meant to drink cows milk. 1. 65% of the worlds population is lactose intolerant, and 90% Of East Asian people are lactose intolerant. Milk is generally unhealthy in and of itself . In 2010, research in the Journal of the American Academy of Dermatology has found that there is an association between dairy consumption and acne, and some dermatologists advise their patients to limit their dairy intake 2. Milk is referred to as liquid red meat due to the fact that its very high in saturated fat, which is associated with increased rates of heart attacks. 3. Cow milk has three times more protein than human milk, which creates disturbances in our metabolisms. A. These disturbances have detrimental consequences to the health of our bones. There are many better, healthier ways to obtain the nutrients that milk offers without the downsides. 1. Milk substitutes include almond, soy, rice, coconut and hemp milks, which can be obtained at most supermarkets. . Yogurt is healthy to eat and is much healthier than milk and you wont have to deal with any of these adverse consequences. 3. You can get plenty of calcium and nutrients from vegetables and nuts, and you wont get the gastrointestinal problems that come with drinking too much milk. Conclusion 1. All in all, while milk does have its benefits, the disadvantages outweigh the advantages. Adjust does not make any sense to continue drinking milk when there are man other healthier alternatives.

How to Get Rid of Christmas Tree Insects

How to Get Rid of Christmas Tree Insects Theres nothing like the smell of an evergreen tree to get you in the holiday spirit. But when you bring a live or cut Christmas tree indoors, some of the insects that have called your Christmas tree home might be joining you for the holiday season. Heres what you need to know about Christmas tree insects. Holiday Bugs Pose a Very Small Risk   You really dont need to worry about bringing any dangerous or destructive pests inside with your Christmas tree. Your home isnt an appropriate habitat for insects that inhabit coniferous forests, and they arent going to move in for good. Lacking food and adequate humidity to survive, most Christmas tree insects die soon after moving indoors. Just keep an eye out - if you find insects, they wont bite or sting and wont travel far from the tree. Insects that Live in Christmas Trees Coniferous trees attract a variety of small insects that may be visible only in large numbers. Aphids are common pests of evergreen trees, and the warm conditions of your home may cause overwintering aphid eggs to hatch. Some conifers host adelgids, which produce cottony secretions over their bodies. Mites and scale insects also inhabit Christmas trees. Larger Christmas tree insects include bark beetles and praying mantids. Adult mantids will be long gone from the cold temperatures, but mantid egg cases can hatch when introduced to the warmth of your home. If that happens, youll have hundreds of tiny mantids wandering in search of food. Christmas trees often harbor spiders, too. Check for Insects Outside Harmless or not, you probably dont want to spend the holiday season with bugs crawling around among the presents or flying into your windows trying to escape. You can minimize the chance of Christmas tree insects wandering around your living room, though, before you get it inside. When choosing a tree, inspect it carefully. Look for signs of aphids or other small insects. Theyll likely appear as little brown or red dots. Adelgids resemble a dusting of snow. And dont forget to examine the undersides of branches. Check each branch for egg cases, which could contain praying mantises. Prune out any you find because your warm home will feel like spring and induce eggs to hatch. Brown cocoons may harbor sawflies. Look at the trunk, too - small holes with sawdust trails are a sign of bark beetles. Reject any tree that seems heavily infested with pests. Before bringing the Christmas tree in the house, shake it vigorously to dislodge insects and spiders. Remove any bird nests, as these can contain mites. If you want to be sure that you found all the bugs, putting the tree in a five-gallon bucket of water in the garage for a few days can serve your peace of mind. If you do want to go after bugs found on the tree, dust it with diatomaceous earth, which dries out any bugs it comes into contact with. Wear eye and face protection when applying, as its actually pulverized rock that you dont want in your eyes or lungs. Shake the tree to remove excess before bringing it inside. Christmas Tree Insects Indoors Whatever you do, do not spray aerosol pesticides on your Christmas tree, as these products are flammable! Insects require humidity to live, and most will desiccate and die within a matter of days. Additionally, they will be unable to survive without food. It is much safer, and better for your health, to simply vacuum up any dead insects you find.

Death of a Salesman Essay Example | Topics and Well Written Essays - 500 words

Death of a Salesman - Essay Example (Aarnes, pp 87-89) The outward show of the Salesman Loman as the theme of moral investigation stirs the contemporary viewer at that alternately pleasurable and painful fringe of awareness that is the prefecture of tragedy. The performance of his suffering, fall, and fractional enlightenment, aggravates a mixed reaction: that annoyance and delight, resentment and compassion, pity and fear. A modern American playwright, Arthur Miller has penned a number of hugely acclaimed Broadway productions. After completing high school in 1932, Arthur set out to get a work so he could continue his studies. His initial job was at an automobile parts storehouse in Brooklyn. He went to work in a box factory that compensated him more money and permitted him to gain enough money to start collage. He registered into the University of Michigan and instantly started writing for the newspaper of college in 1934. Arthur Miller wrote his fist main writing, Honors at Dawn with the hopes to win the Avery Hopwood Award, from the University that he got. In 1938, he graduated from collage. His plays and books have effectively dealt with a plethora of issues ranging from family plights to political and moral predicaments in his plays. He has authored more than twenty famous plays listed subsequently. Willy told himse

Constantly Risking Absurdity Essay Example | Topics and Well Written Essays - 750 words

Constantly Risking Absurdity - Essay Example The poem has a complex structure, though exciting as the reader follows the author through the swinging motions that the poet has chosen to present the poem similar to the swinging of an acrobat walking on a thin rope. Therefore, the poet utilizes imagery and diction in comparing the process of writing a poem to the performance of an acrobat in front of a large crowd, and risks death if he falls from the wire. The author reveals to the audience that he compares writing a poem to an acrobat in line 6; â€Å"the poet like and acrobat.† This line forms the main theme of the poem and is platform on which the poem is hinged. The author does not only compare the poet to an acrobat, but also explains that the two share the same predicament, hence the use of â€Å"like and† in line 6. From this line, the author introduces the public to the death or survival of the poem, which the author compares to the life or death of an acrobat. In other words, just as the acrobat risks death by hanging dangerously on a thin wire, so does the poet risk death by facing the scrutiny of people. If the poem does not impress the public, the audience will certainly trash it and that will be the end of the poem. The author in this case warns that the work of poets faces death if they fail to impress and exceed the expectations of the audience, just as the acrobat makes the audience watch in suspense as h e do his gymnastics. Similar to the acrobat’s wire, the poet has to have â€Å"a high wire of his own† (line 8). Just as an acrobat has to use theatrics and creativity to impress the crowd and showcase his mystery while walking on the thin wire, a poet has to use similar theatrics to impress the audience. In fact, the author inline 14 states that â€Å"slight-of-foot and other high theatrics,† all which the poet has to use to impress the audience. The poet in this poem uses such theatrics by presenting the poem in swinging style, which

Influencing Factors of the Company Disclosure Level

Influencing Factors of the Company Disclosure Level Prior evidence and hypotheses Based on the theoretical framework primarily concerning information asymmetry, agency problem, signalling theory and political costs theory, many previous studies have attempted to formulate and test several hypotheses on the influencing factors of the company disclosure level.  This section will review the findings of several prior researches as well as establishing hypotheses for the current study.   (1). One of the most remarkable features of Chinese capital market is assumed to be its unique market structure, which comprises of three major segments: A shares which are only sold to domestic citizens in domestic currency; B shares which are only issued for foreign investors in foreign currency, but traded in domestic exchange markets; and H shares which are traded in SEHK in foreign currency.   Given their different characteristics, such as listing market, listing requirements, accounting standards and reporting environment, their disclosure behaviours and disclosure policies are expected to vary systematically.  Therefore, one of the basic intentions of the current study is to test whether companies, of which shares are belongs to the three different market segments, exhibit different disclosure patterns. At a glance, foreign listing status is a major feature that distinguishes H shares-issuers from the other companies issuing only A or A+B shares. For this feature alone, compliance with Chinese GAAP and IFRS is mandatory for these Chinese firms that issue both A and H-shares. Accordingly, the IFRS-based annual report must be audited by an internationally recognized auditor; while the Chinese GAAP-based annual report may be audited by local accounting firms, and any difference in net incomes between these two sets of accounting information must be reconciled and presented in the financial statement. In that case, companies with A and H shares are subject to additional listing requirements as well as disclosure rules, consequently greater information disclosure can be expected from these companies than the other firms listed only in the domestic market. Apart from regulatory requirement, H-share companies are also under greater market pressure to disclose more information. Assuming the primary objective for Chinese firms listing on international stock exchanges is to obtain capital at the lowest possible cost, they need to compete with the other SEHK-listed firms of which the westernized corporate governance systems are generally believed to be effective in terms of assuring a high quality financial report through proper internal control systems. Hard to deny that, comparing with other SEHK-listed firms, H-share PRC firms are commonly assumed to have significantly greater adverse selection and moral hazard problems due to their lack of prior trading history, the limited transparency of corporate governance and management control system, and foreign investors’ concern about the magnificent state ownership.   Given these disadvantages raised from information asymmetry and the potential economic consequence of increased discount rate, H-share firms should have greater incentives to commit to more intensive information disclosure in order to reduce their agency cost. Previous empirical study by Ferguson, et. al(2002) found that companies with both A and H-share issuing disclose substantially more financial information than purely domestically listed PRC firms as well as other SEHK listed companies. On the other hand, it is generally observed that companies only listed on the domestic exchanges (including companies with only A shares and companies with both A and B shares) tend to adopt a relatively more secret disclosure policy, which exhibit little voluntary disclosure if any information beyond the exchange requirements (Haw et al., 2000).  Ferguson, et. al (2002) offer several explanations: Firstly, the concept of public information disclosure is relatively new to both the investors and corporate managers in PRC where the basic systematic accounting standard was first promulgated since 1992. Given the less developed market-oriented accounting system and the weak disclosure culture, Tang (2000) points out that comparing to other exchange markets with mature accounting systems, accountability to outside investors is less concerned by most Chinese corporate managers; also, the majority individual investors are unfamiliar with the evaluation and use of financial statement disclosures.  Secondly, Ferguson, et. al (2002) argue that because the current capital market is experiencing the transformation from the formerly state-controlled economy to the new market model, there remains some old concerns of investors emphasizing on the state plan. That is, local investors still tend to focus on â€Å"inside† information such as anticipated actions by the controlling government entities rather than relying on public information like financial statement disclosure (DeFond et al., 1999).  Hence, corporations’ incentives and investors’ desire for information disclosure appear to be less strong for companies only listed on domestic market than firms listed on foreign exchanges; consequently, greater extent of information disclosure is expected for companies issuing both A and H shares than firms listed only on domestic market. The resulting hypothesises are as following: H1: Companies with both H shares and A shares tends to disclose more information than companies issuing only A shares; H2: Companies with both H shares and A shares tends to disclose more information than firms issuing both A and B shares. The most important difference between A share and B share is that A-shares can only be owned and traded by Chinese citizens in Chinese currency, while B-shares can only be owned and traded by foreign investors in either Hong Kong currency or US dollars. Accordingly,  the accounting regulations applicable to firms issuing only A shares is Chinese GAAP; while, for companies issuing both A and B shares are required to apply with Chinese GAAP as well as IFRS. The IFRS-based annual report must be audited by an internationally recognized auditor, while the Chinese GAAP-based annual report may be audited by local accounting firms, and the discrepancy between the two sets of audited financial reports needs to be reconciled with the IFRS and displayed in the annual report for domestic investors. Because of the different regulatory requirements, companies with both A-share and B-share issuing are expected to disclose more information than firms with only A shares. Since comparing with smaller CPA firms, which are assumed to be more sensitive to client demands due to the economic consequences associated with the loss of a client, larger and international well-known auditing firms have a greater incentive to maintain independence from clients pressure for limited disclosure because of the economic consequences associated with potential damages to their reputation (Chow and Wong-Boren, 1986). Therefore, larger CPA firms have a greater incentive to require adverse disclosures by the client, consequently increasing the level of information disclosure (Patteon and Zelenka, 1997). In contrast, accounting information audited by domestic auditing firms may be considered noisy because of sloppy information environment and inadequate regulation. (Fox, 1998; Rask, Chu, Gottschang, 1998). Prior to 1996 no auditing standards existed with the exception of a few guidelines from the sponsoring governmental agencies; and until 1998 all domestic auditors were public employees, who tend to act as government agents and bore little responsibility for any improper behaviour due to the lack of litigation against them. Thus, auditors usually were affiliated with their clients and lacked motivation to be independent from them, consequently information disclosure may be subject to management’s selective bias. Despite of the recent institutional changes such as the reformation of the accounting-information system and the introduction of new auditing standards, which aims to impose stricter disciplinary rules, more intensive monitoring and sanctions, the effective implement of regulatory is still doubt by the market (Haw, 2008). Therefore, companies with only A shares are likely to make less information disclosure than companies with both A shares and B shares of which annual reports are influenced by internationally recognised auditing firms. The resulting hypothesises is: H3: Companies with only A shares are likely to make less information disclosure than companies with both A shares and B shares. (Ferguson, Lam and Lee, 2002) 2.4 Disclosure by PRC-listed Firms PRC firms listed on the two domestic exchanges voluntarily disclose little, if any information beyond the exchange requirements (Haw et al., 2000). Explanations include (1) the lack of sophistication with respect to financial reporting on the part of both investors and corporate managers, and (2) investor reliance on â€Å"inside† rather than public information. Public financial statement disclosure is relatively new to the PRC. The first basic accounting standard was promulgated in 1992 and, of the 30 standards proposed in the intervening years, only eight have been adopted. Thus, accountability to outside investors is new to most corporate managers, and most individual investors are unfamiliar with the evaluation and use of financial statement disclosures (Tang, 2000). Institutional investment in the PRC is in a fledgling state. Local investors are also likely to place greater weight on factors such as anticipated actions by the controlling government entities than on financial statement disclosures (DeFond et al., 1999). Thus, demand for, as well as supply of additional disclosures may be limited in the PRC domestic exchanges. The disclosure practices of PRC firms listed on international exchanges, in which they face sophisticated financial statement users with diminished access to inside information, have not been examined. 2.5 Hypotheses: Disclosure by H-Share Firms on the SEHK Theory (Spence, 1973; Grossman, 1981) indicates that voluntary disclosure can be used to alleviate information asymmetry problems, including moral hazard and adverse selection. A rational strategy to avoid deep discounting of share prices is to disclose additional information to investors to signal firm value (Watts and Zimmerman, 1986). Compared to other SEHKlisted firms, H-Share firms are likely to present significantly greater adverse selection and moral hazard problems. In contrast to the westernized corporate governance systems in place in most SEHK-listed firms, many PRC SOEs still operate in a â€Å"vacuum† with respect to corporate governance and management control (World Bank, 1995). For example, audit committees and shareholder litigation are nonexistent and independent; outside directors are not required (DeFond et al., 1999). Thus, in addition to H-Share firms’ lack of prior history, important investor concerns include management quality, the potential for asset stripping or misappropriation, de-capitalization through excessive wage increases, and the role of the government as a major shareholder (Chen and Firth, 1999). Therefore, ceteris paribus, H-Share firms face significantly greater incentives to voluntarily disclose additional information. Proprietary costs, however, also affect disclosure (Verrecchia, 1983). The benefits of voluntary disclosure must be weighed against the costs of providing information that may invite or assist competition or regulation. Compared to other SEHK-listed firms, H-Share firms also face significantly lower proprietary costs. Most operate in industries deemed by the PRC government to be of strategic importance and are hence shielded from international competition (Lin et al., 1998). Thus, additional disclosure by H-Share firms is also likely to be less costly. This potential for greater incentives and lower disclosure cost leads to our first hypothesis: Hypothesis 1a: Voluntary disclosure by H-Share firms will be greater than that by other SEHK-listed firms. Further, as the primary objective for PRC firms listing on international stock exchanges is to raise capital at the lowest possible cost, we expect that H-Share firms’ incentives will mainly affect disclosure of additional strategic and financial information. Such incentives will have little impact on the disclosure of additional non-financial, social accountability information. Political costs are borne primarily in firms’ local operating environments and are driven by local norms. H-Share firms operate solely in the PRC and political costs within this environment are virtually non-existent. Thus, we expect that differences in disclosure will only be observed for financial and strategic rather than social accountability information: (Sami and Zhou, 2004) In the emerging A-share and B-share markets, however, the value relevance of accounting information has been questioned. Accounting information based on domestic standards may be considered noisy because of sloppy accounting, inadequate regulation, and crony capitalism (Fox, 1998; Rask, Chu, Gottschang, 1998). Besides, accompanying the rapid development of securities markets are some inevitable problems such as lagging legislation issues and multiple regulatory authorities (Liu Zhang, 1996). However, the institutional changes in emerging markets, including the reform of the accounting-information system, could increase market liquidity, reduce transaction cost, and improve pricing efficiency (Feldman Kumar, 1995). In this study, we directly investigate the relative value relevance of accounting information in the two segments to provide further evidence on the value-relevance issue in the emerging market. Our basic intention is to test whether the two market segments differently value the major accounting information disclosed by the same company. Under these regulations, listed companies prepare their financial statements based on the Chinese GAAP, as well as the IAS if they also issue B-shares. They should have their annual reports audited by authorized CPAs and submit copies to government agencies, such as state-owned-asset management agencies, tax authorities, securities regulatory agencies, and banks. They are also required to have copies available for investors. In addition, listed companies are required to publish their annual reports in at least one of the authorized securities’ publications before April 30th the following year.10 For companies with both A-shares and B-shares, the audited annual reports for B-share investors are published in Hong Kong on the same day as those for A-share investors in China. The reconciliation information on the two sets of accounting statements is released to only A share investors, but not to B-share investors. When there is a discrepancy between the two sets of audited financial reports, companies issuing both A shares and B-shares need to reconcile their accounting statements with the IAS for domestic investors. Because the IAS is considered to be of higher quality than local GAAP, and international auditors such as Big Five (Big Four) firms are thought to provide higher quality audits than their Chinese counterparts (Chui Kwok, 1998; DeFond et al., 2000; Lam Jing, 2000), the accounting information in the B-share market should be more relevant to the pricing process, compared with its counterpart in the A-share market. (Sami and Zhou, 2008) To shed light on the economic consequences of the implementation of new auditing standards, we investigate the Chinese emerging market where a set of auditing standards was introduced in a situation where, previously, no auditing standards existed with the exception of a few guidelines from the sponsoring governmental agencies. In addition, in the information environment of an emerging market such as China, where the accounting disclosure was criticized for its low quality and quantity, the economic consequences of increased accounting disclosures due to the implementation of a set of auditing standards should be significant. Moreover, auditors played the role of government agents and bore little responsibility for any improper behavior (Xiang, 1998). Because it was common practice to have a company audited by an auditing firm affiliated with the same level of government, auditors bent the rules under pressure from local government officials and company managers to pursue their own interests (Xiang, 1998; Graham, 1996). Additionally, there was no litigation against auditors (Graham, 1996; DeFond et al., 2000; Gul et al., 2003). Thus, auditors usually were affiliated with their clients and lacked motivation to be independent from them. Therefore, Zhou (2007) concludes that the implementation of new auditing standards helps reduce information asymmetry in an emerging market. (Peng, Tondkar, Smith and Harless, 2008) Chinese capital market development and market segmentation A-shares can only be owned and traded by Chinese citizens, while B-shares can only be owned and traded by foreign investors. The accounting regulations applicable to a Chinese listed firm depend on the type of security issued, A- or B-shares or both. Firms that issue A-shares are required to comply with Chinese GAAP, while firms that issue B-shares are required to comply with IFRS. Firms that issue both A- and B-shares are required to issue two sets of annual reports, one based on Chinese GAAP and the other based on IFRS. The IFRS-based annual report must be audited by an internationally recognized auditor, but not necessarily a Big 4 firm, while the Chinese GAAP-based annual report may be audited by local accounting firms. Reports must be released to the public simultaneously and any difference in net incomes between Chinese GAAP and IFRS must be reconciled and presented in the financial statement footnotes. Fig. 1 and Table 1 depict the Chinese capital market segmentation and the evolution of accounting regulations for Chinese listed A-share firms as of December 31, 2005. Compliance with Chinese GAAP and IFRS is mandatory for Chinese firms that issue both A and B-shares. However, Tay and Parker (1990) remark that â€Å"even where compliance with standards is legally required, companies may not comply if it is perceived that the consequences of non-compliance are not serious† (p. 75). Street and Gray (2001) and Xiao (1999) find evidence that Chinese listed firms compliance with accounting regulations is high. (Sami and Zhou, 2008) We mention the stricter disciplinary rules, monitoring, and sanctions imposed by the Chinese Institute of Certified Public Accountants (CICPA) and the Chinese Securities Regulatory Commission (CSRC) to effectively enforce the new auditing standards. The discussant points out that less effective corporate governance systems (characterized by dominant state and legal-entity ownership) and relatively low litigation risk in Chinas markets (compared to those in the West) could provide opportunities for managers of listed Chinese firms to act in the best interests of the government and its representative organizations rather than report high-quality accounting information or seek quality auditing of their financial reports (Ball, Kothari, Robin, 2000). Thus, the discussant is concerned whether auditing standards could be effectively implemented. While we agree that the Chinese markets are emerging markets, where accounting disclosure tends to be low in quality and quantity, as we mention in our introduction, (Haw, 2008) Corporate governance systems are less effective in Chinas markets than those in the West. In the government-controlled economy of China, managers of listed state-owned enterprises (SOEs) are frequently appointed by the government, who is the controlling shareholder. Recent studies show that such ownership structures adversely affect the information environment of these firms, which results in a high level of information asymmetry and a low level of informativeness of accounting earnings (Fan and Wong, 2002; Haw, Hu, Hwang, Wu, 2004). The managers of listed Chinese firms, where state and legal-entity (mostly SOEs) ownership dominate, are strongly motivated to act in the best interests of the government and its representative organizations, and have less incentive to report high-quality accounting information or seek quality auditing for their financial reports (Ball, Kathari, Robin, 2000). Until 1998, all domestic auditors were public employees, and there was little incentive for high-quality audits, while litigation for audit failure was infrequent.2 In such an environment, it is doubtful whether auditing standards could be effectively implemented. (2) The following set of hypotheses is concerned with the determinants of the extent of company disclosure. By reviewing the results of prior theoretical and empirical researches as well as considering the special feathers of the Chinese market, and data availability, the current study selects 10 relevant independent variables to be included in our model, which were further organized into three (not strictly mutually exclusive) categories, following the structure by Lang and Lundholm (1993),: Structure-related variables, Performance-related variables, Market-related variables and Other Monitoring factors. Structure-related variables The structural variables generally refer to firm characteristics that are widely known and likely to remain relatively stable over time. Size, leverage, state ownership, and board composition are included in this category. Size Apparently, among other possible influencing factors firm size has been the most commonly suggested variable in the disclosure literature, assumed to be positively associated with the level of company disclosure.  Given the existence of information asymmetry in the capital markets and the agency problem raised from the separation between ownership and control, agency theory suggest that information disclosure can be used as a mean to reduce agency costs (Chow and Wong-Boren, 1987). According to Jensen and Meckling (1976) and Leftwich, Watts and Zimmerman (1981), larger firms with more reliance on external funds potentially are more subject to complicated conflicts among their wider range of stakeholders, consequently increasing agency costs. Also, larger firms are assumed as more sensitive to political costs (Watts and Zimmerman, 1986).  Besides, it is noted by Lang and Lundholm (1993) and McKinnon and Dalimunthe (1993) that in order to enhance firm value, large firms tend to suffer from greater pressures from analysts to disclose more information than smaller firms; as reluctance to disclosure may be interpretated  by investors as unfavourable news. In that sense, larger companies have greater needs to engage in more intensive information disclosure in respect to their higher agency costs and greater disclosure demand. On the other hand, comparing to smaller companies, Singhvi and Desai (1971) argue that due to the generally better-established internal reporting systems of larger firms, the marginal cost for additional information disclosure is lower for larger companies than smaller ones.   Furthermore, larger firms are assumed to have less exposure to competitive disadvantage than smaller companies when disclosing detailed company information (Firth, 1979). Therefore, compared to small firms large firms should have additional incentives for information disclosures.  This argument has been confirmed as the influence of size on disclosure has been successfully tested by studies in various countries: the US (Singhvi and Desai, 1971 and Buzby, 1975), the UK (Firth, 1979), Canada (Kahl and Belkaoui, 1981), Mexico (Chow and Wong-Boren, 1987), Nigeria (Wallace, 1988), Sweden (Cooke, 1989), Austria (Wagenhofer, 1990), Japan (Cooke, 1991), Spain (Garcia and Monterrey, 1992, and Inchausti, 1997),  New Zealand (Hossain et al., 1995), Czech (Patton and Zalenka, 1997), and Greece (Leventis and Weetman, 2004). To summarize, based on all the rationales discussed by previous studies and their supporting evidences, the first hypotheses can be formulated as:   H1: firms with larger size disclose information to a greater extent than do those with smaller size. (Patteon and Zelenka, 1997) Several theoretical propositions from the voluntary disclosure literature support the expectation of greater financial report disclosure by larger firms: (1) lower incremental cost of producing information for larger firms (Lang and Lundholm, 1993); (2) transactions cost hypothesis (King, et a/,,1990), which suggests that incentives for private infonnation acquisition are greater for larger firms; (3) legal costs hypothesis (Skinner, 1994), which notes that damages in securities litigation are greater for larger firms; and (4) reluctance of small firms to inform competitors (Raffottmier, 1995). Although we will not be able to determine which of the above explanations is the actual cause, we expect a positive relationship between firm size and extent of disclosure. Generally, firms with more employees are more complex and create the possibility of substantial infonnation asymmetry between the firm and market panicipants. Thus, firms with a greater number of employees might be expected to have more extensive disclosures in their annual reports. (Malone, Fries and Jones, 1988) Singhvi and Desai (1971) provided several reasons why the extent of financial disclosure is different for firms of different sizes. Singhvi and Desai offered three justifications for their reasoning. First, the cost of accumulating certain infonnation is greater for small firms than for large firms. This difference is attributable to the more extensive internal reporting systems already in place in larger firms. Second, larger firms have a greater need for disclosure because their securities are typically distributed via a more diverse network of exchanges. Last, management of a smaller corporation is likely to believe more strongly than the management of a larger corporation that the full disclosure of infonnation could endanger its competitive position. Foster (1986, 111) suggested three possible proxies for firm size: total assets, net sales, and capitalized value of the firm. Among these, perhaps the one least subject to market fluctuations in the oil and gas industry is total assets. Sales and capitalized value of the firm are subject to relatively extreme fluctuations due to the volatility of oil and gas prices. Total assets, although not completely unaffected by this volatility, is less affected because of the broad capital asset base that already exists in each firm. (Meek, Roberts and Gray, 1995) -As noted by Foster [1986, p. 44], the variable most consistently reported as significant in studies examining differences across firms in their disclosure policy is firm size. Generally, large firms disclose more information than small ones. Unfortunately, it is unclear what size proxies. Larger firms may have lower information production costs, or they may have lower costs of competitive disadvantage associated with their disclosures. Larger firms are also likely to be more complex and have a wider ownership base than smaller firms. Agency theory suggests that large firms have higher agency costs [Jensen and Meckling 1976; Leftwich, Watts and Zimmerman 1981]. Finally, larger firms are more sensitive to political costs [Watts and Zimmerman 1986]. All of these reasons indicate that large firms should have additional incentives for voluntary disclosures, compared to small firms. Size is positively associated with voluntary disclosure levels in all of the country studies noted above. (Raffournier and Geneva, 1995) There is a general agreement that a positive relationship between the size of a company and its extent of disclosure is to be expected. Several reasons have been advanced in support of this influence (Singhvi and Desai, 1971; Firth, 1979). First, disclosing detailed information is relatively less costly for large firms because they are assumed to produce this information already for internal purpose. Secondly, because their annual report is the main source of information for their competitors, smaller firms may be reluctant to make a fuller disclosure of their activities which might place them at a competitive disadvantage. It can also be assumed that large firms which, according to Watts and Zimmerman (1978), are more sensitive to political costs, will disclose more in order to allay public criticism or government intervention in their affairs. The influence of size is well documented. All empirical studies on the content of annual reports found a positive relationship between the size of a company and its extent of disclosure. Salamon and Dhaliwal (1980) noted a similar association for segmental information and Cowen et al. (1987) for social responsibility disclosure. (Inchausti, 1997) It is hypothesized that the larger the firm, the more need for external funds. Therefore there will be more potential conflicts among owners, creditors and managers, and information disclosures may be used to decrease agency costs and to reduce information asymmetries between the company and the providers of funds, and potential providers of funds. Larger firms are also subject to more political costs, and disclosure may be used to reduce such costs. On the other hand proprietary costs are smaller the larger the firm, so there are less incentives to withhold information. The independent variables initially considered as measures of size are total assets and sales. However in order to avoid the problems caused by heterocedasticity natural logarithms of these variables (LASSETS and LSALES) were calculated.' The influence of size on disclosure has been successfully tested by studtes in various countries: the US (Cerf, 1961; Singhvi and Desai, 1971; Buzby, 1975; Salamon and Dhaliwal, 1980), the UK (Firth, 1979), Canada (Kahl and Belkaoui, 1981), Mexico (Chow and Wong-Boren, 1987), Nigeria (Wallace, 1988), Sweden (Cooke, 1989), Austria (Wagenhofer, 1990), and Spain (Garcfa and Monterrey, 1993; Wallace et al. 1994). (Ferguson, Lam and Lee, 2002) Research indicates that voluntary financial statement disclosure is influenced by other factors. Larger firms face higher agency costs (Leftwich et al., 1981), higher political costs (Jensen and Meckling, 1976), greater information demand from financial analysts (Lang and Lundholm, 1993), and lower information production costs (Firth, 1979; Leftwich et al., 1981). Consistent with these arguments, a positive relationship between firm size and voluntary disclosure has been found in studies of US (Firth, 1979), Swedish (Cooke, 1989), New Zealand (Hossain et al., 1995) and Japanese firms (Cooke, 1991), as well as for firms listed on multiple exchanges (Meek et al., 1995). (Hossain, perera and Rahman, 1995) A number of disclosure studies (e.g. Cooke, 1991, 1989) find that firm size is an important factor in explaining variability in the extent of corporate voluntary disclosure. In the agency theory literature. Chow and Wong-Boren (1987, p. 539) argue that potential benefits of voluntary disclosure are likely to increase with agency costs. Moreover, Jensen and Meckling (1976) contend that agency costs increase with the proportion of outside capital. The proportion of outside capital tends to be higher for the larger firms (Leftwich, Watts and Zimmerman, 1981). Thus, agency theory predicts a positive association between firm size and the extent of corporate voluntary disclosure. It is also argued, in the literature, that fiirm size is a comprehensive variable which can proxy for several corporate characteristics, such as competitive advantage and information production costs (see Buzby, 1975; Firth, 1979; Le

Cruise Industry Essay

1. Introduction Nowadays cruise tourism is very popular form of tourism when it comes to travelling abroad. In this report we will focus on various aspects of cruise tourism. First of all on defining of cruise tourism, then we will present it’s historically. We will focus of main features of cruise ships as like family cruisers, couples cruisers, senior cruisers, singles cruisers, gay and lesbian cruisers, world cruisers, luxury cruisers and cruises to nowhere. We include our researches of target guest group: age, nationality, social status. We will also examine the most popular global cruise liners and their kind of majority passengers. Finally, to sum up, we will come to conclusion of the report which shows us results of our research and provide recommendations from author. 2. Definitions of Cruise Tourism Cruise tourism has lots of definitions and we will describe the most important ones. Cruising is defined as a passenger vessel operating for pleasure purposes only. The Ships are not involved in the transportation industry, like ferries or cargo ships. For the Cruiser, it is not a matter of going from A to B; the voyage is a part of a holiday package (Cartwright and Baird, 1999) According to Mintel Leisure Intelligence Report (â€Å"Cruise Industry† March 2001) Cruising tourism refers to time spent on a waterborne vessel for leisure purposes. Within the tourism industry, the term ‘cruising’ is generally assumed to mean sea cruising. This tends to imply trips during which the passenger is primarily based on a vessel that travels to a number of destinations, where they disembark for short periods to visit land-based sites. The vessels are generally fully equipped with entertainment and sporting facilities, and passengers are provided with full-board style accommodation. As travel expert Douglas Ward says, †Over 10 million people can’t be wrong (that’s how many people took a cruise last year)! Cruising is popular today because it takes you away from the pressures and strains of contemporary life by offering an escape from reality. Cruise ships are reality self-contained resorts, without the crime, which can take you to several destinations in the space of just a few days.†(Ward, 2001). The author Gavin MacLeod said that: â€Å"Now as a result of that show being on, the cruise industry is just growing all over the place†. 3. History of Cruise Industry. Our world began to become industrialized and started to trade with foreign lands. Therefore, with industry and wealth, which came to us, people’s instinct to visit parts of the world only read about from these explorers of the past was now a reality once again. The first shipping company to offer a scheduled passenger service from the United States to England was the Black Ball in 1818. Trade and leisure developed equally, which provided with demand the manufacture. A luxurious ship such as the Titanic, which has his own unique history, was a great example. (www.cruiseworking.com) Ships changed very little during the first half of this century. In the 1950 Oceangoing vessels were primarily used to get from Point A to Point B, especially for second- and third-class passengers, whose accommodations were in stark contrast to those in first-class staterooms. The most common voyages were transatlantic crossings from New York to London. (www.jobmonkey.com) The real blow to the cruise ship industry came in the 1960s when Boeing began selling 747s and other aircraft worldwide. Meanwhile, a global transportation network of airports with regulated common language and air traffic controllers, in coordination with the United States Federal Aviation Administration, was being established. As the decade came to a close, it was no longer fashionable, practical, or economical to travel by boat. The age of the jumbo jet had arrived. (www.jobmonkey.com) Finally, in the 1970s contributed to the idea of luxury cruise ship. Cruise ship travelers of all social classes would enjoy first-rate rooms and service. The same is true today. Gone are the days of catering for the elite, this industry is geared up for the masses and is now one of the fastest growing sectors of the travel industry (www.cruiseworking.com). 4. Types of Cruiser Cruising can appeal to everyone, no matter what their budget or interests. Activities onboard range from aerobics aromatherapy, art auctions to rock climbing! Cruising is attracting more families, with a wide range of children’s facilities and childcare on board. So, there are few specific types of cruises: 4.1 Family Cruises Cruise with families is very interesting, useful and funny. This is the great benefit of family cruise vacations is the ability to visit many destinations without constantly packing and unpacking, or piling into the car for long stretches at a time. Once you’re onboard, you don’t need to worry about a thing. Just relax and enjoy! Furthermore, family cruises have many activities and facilities. Cruise vacations can also make for a most memorable new tradition: Holidays-at-Sea. Cruise lines, such as Royal Caribbean offer special holiday menus, family activities, holiday-themed fun and even religious services. (See appendix A, p, І, for more information), (http://www.discountcruises.com) 4.2 Couples Cruises Cruisers can be endlessly romantic vocations for couples. People are trying to be more creative for their wedding, honeymoon, vow renews and that is why spend their most important and remembering time in extraordinary conditions. While any of the major cruise lines offer plenty of opportunities for fun and romance, there are those who cater specifically to couples by indulging twosomes in tons of special extras. For example, Princess Cruises helps make your special cruise even more romantic with indulgent add-ons. Swoon-worthy special occasion packages include a bottle of champagne waiting in your stateroom, spa treatments, canapà ©s or petit fours in your stateroom and more. Choose a room with a balcony and you can indulge in a lobster dinner overlooking the sparkling seas, right from the privacy of your balcony. (See Appendix A, p 9, ІІ for more information) Norwegian Cruise Lines serve up romance right in your stateroom with couple’s massages that come to you. Cruise with Holland America and take a gourmet culinary lesson together. And on a Carnival Cruise, nightly live entertainment and Broadway-worthy stage shows abound. (http://www.discountcruises.com) 4.3 Seniors Cruises This kind of cruisers are intending for more advanced people, who will find camaraderie, great times and amazing experiences while vacationing with fellow mature travelers. Also, in this section of cruising connected with differently- abled guests and guest with medical needs. For example, Cunard is one such cruise line that welcomes mature travelers. Enrichment and lecture programs let guests exercise their minds while onboard. Favorites include the Book Club, workshops on oceanography, a theatre class and more. (See Appendix A, p 10, ІІ ) Heart-healthy and delicious dining options are readily available on many cruise lines. In addition to Holland America’s Health Conscious dining option, as part of the As You Wishâ„ ¢ Dining program, guests are welcome to request any dietary needs, such as: vegetarian, diabetic, gluten-free and kosher meals. However, differently-abled guests and guests with medical needs will find Celebrity Cruises quite accommodating. Those will mobility disabilities will be able to board early, have access to scooters while onboard and can take advantage of hydraulic lifts into the sauna/pool on select ships. Deaf/hard of hearing guests as well as visually impaired gusts will also find that every attention to detail has been made to assure a comfortable, enjoyable travel experience. (http://www.discountcruises.com) 4.4 Singles Cruisers Next type of cruisers is singles cruisers, which are unexpectedly different. This form of travelling for people who welcome meeting other singles and there are those who prefer solo, quiet journeys. For example, Holland America goes out of its way to make singles cruisers happy and comfortable. Join in the solo travelers welcome at the start of your cruise. The Single Partners Program features dance partner pairings, dining with other solo cruises at your request and many activities perfect for making new friends. Chose to room with another solo traveler, or indulge in a stateroom all to yourself.(See Appendix A, p 9, І for more information) Princess Cruises also has an extensive program for singles cruisers. Special singles events let you easily meet your shipmates. And once you book your cruise, you’ll have access to an online community where you can chat with other singles cruisers before your ship departs. (http://www.discountcruises.com) 4.5 Gay and Lesbian Cruisers A small number of cruise lines cater exclusively to gay and lesbian travelers. Also, families are also welcome on specific gay-friendly cruises. For example, GLBT cruises are perfect getaways for travelers looking to relax, have a great time and meet new people. An incredible amount of onboard activities and entertainment awaits travelers on GLBT cruises. The fleet of RSVP Vacations’ ships features expansive fitness facilities, sparkling pools, bars and lounges, entertainment stages and luxurious spas. Atlantis Cruises are known for their legendary nightlife, with never ending dance parties and shows that feature top comedic, singing and dancing acts. (See Appendix A, p 10 ІІ for more information) (http://www.discountcruises.com) 4.6 World Cruisers. The most effortless and visually appealing way to visit a variety of global destinations is with a world cruise. World cruises afford you the opportunity to take in many cultures, historic sites and beautiful views without having to constantly pack and unpack and board numerous flights. For example, Cunard’s luxury cruises can include three-month journeys that take you from America to the Caribbean, then to Mexico, Hawaii, New Zealand, Australia, Asia, Europe and beyond. The itineraries and shore excursions are as extensive and unique as the destinations you will visit. (See appendix A,p9, For more information). Princess Cruises’ fleet of ships that travel the world are well equipped with every creature comfort and amenity available. Brimming with entertainment, spacious surroundings and indulgent dining options, you’ll feel at home during your world journey. (See appendix A, p11, III for more information). (http://www.discountcruises.com) World cruises are largely dependent on time and money. The length of the voyage and numerous ports of call mean this vacation option is reserved for a select group of cruise travelers. If time and budget allow, a world cruise can easily be your vacation of a lifetime. 4.7 Luxury Cruisers The most interesting question is: â€Å"What is waiting on you onboard of Luxury Liner? â€Å". So, this is the answer: finest bed linens, most exquisite gourmet dining options, white-glove service and the absolute best amenities available. Elegant ballroom dancers feature guests dressed to the nines in tuxedos and gorgeous gowns. Several bars, clubs and lounges serve up fine wines and enchanting entertainment. Incredible culinary creations are presented to you by waiters expertly trained waiters. For example, Azamara Cruises also take pride in impeccable guest services and luxury amenities. Boasting one staff member per two guests, you will undoubtedly be well taken care of on Azamara Cruises. In-room spa treatments bring a bit of luxury and relaxation right to you and the onboard Wellness Consultant is available to meet with. Acupuncture at Sea is another ultra-luxurious way to melt stress away. (See Appendix A, p 10, II for more information). (http://www.discountcruises.com) Whe n budget is no option, these cruises are waiting to treat you like royalty and wrap you in luxury and comfort. 4.8 Cruisers to nowhere. This kind of cruisers, which is perfect for travelers who have limited time on their hands and a pretty tight budget, â€Å"cruises to nowhere,† are gaining popularity. Typically one or two nights in length, these cruises leave the dock and sail the waters without reaching another port of call. It’s a great way to try out a cruise line, so to speak. For example,Carnival Cruise Lines and Norwegian Cruise Line are just two of the major cruise lines that offer these fun, quick getaways-at-sea. (See Appendix A p 11, III for more information). (http://www.discountcruises.com) 5. Famous Cruise Lines around the World. There are a few but famous cruise lines around the world. They are supplying with world-class comfort and high standards of service. Some of them may have worldwide reputations while others may be known only in certain geographic areas that they visit often. â€Å"Whatever the repute of the individual cruise line, one factor that passengers like is the kind of experience they get, which more than meets their individual needs and lifestyles†(www.hobby.vocaboly.com). 5.1 American Cruise Lines American Cruise Lines are for those people who interested to visit several of exotic destinations across United States. â€Å"This cruise can take travelers to cosmopolitan cities, as well as visit remote islands that dot the coastline of the country to cosmopolitan cities, as well as visit remote islands that dot the coastline of the country† (www.hobby.vocaboly.com). (See Appendix A,12, IV for more information. In addition, there are a lot of experts on board, who let passengers into history and nature of locality. 5.2 Cunard Cruise Line Canard Cruise Line is very famous. â€Å"Traditional luxury crossings, which began in 1840, went a step further when the Queen Mary II was launched in 2004 to become the flagship known as The Most Famous Ocean Liner in the World. This is the tallest, longest, largest, and most expensive ocean liner in the world and boasts of unparalleled amenities and accommodations.† (www.hobby.vocaboly.com). 5.3 Disney Cruise Line Disney Cruise Line, for those who in hope for family experience, which suggest passengers packages and activities that meet their unique needs. â€Å"This cruise line is owned and operated by the dream makers, Disney, and it sails to the Bahamas, and has land and sea vacation packages that include a stay at the Walt Disney Resort† (http://hobby.vocaboly.com/288/famous-cruise-lines-around-the-world/). (See Appendix A,12, IV for more information) 5.5 Princess Cruises Line Princess Cruise Line is global cruise and tour company, which well-known in United States. The main advantage of Princess is variety of options for passengers. Different kind of dining, activities and facilities. â€Å"This cruise line serves most of the countries of the world, and it has a strong presence in the United States as well†( (http://hobby.vocaboly.com/288/famous-cruise-lines-around-the-world/). 6. Cruise facts and statistics According to data of Cruise Association, the passengers of cruise lines: In cruising more interested: The most popular nationalities are: The most popular visitors are: Cruisers primarily travel with: 80% of cruise passengers think that cruising is an important vehicle for sampling destination to which they may return. Cruisers indicate their return for land-based vocations as follows: Cruisers spend, approximately 1,770 $ per person per week and other vacations as compared to non-cruise vacationers who spend an average of 1,200$ 7. Recommendations According to our researches for this report, we can give you some recommendations for cruise tourism ,which you can find below: 1) Cruise agencies should be more promoted for the tourists. They can use all the resources, for example TV companies, Radio and Mass Media. 2) Better marketing through journals, newspapers, magazines and publicity, of course. 3) In some countries, cruise tourism need to pay more many for personal. 4) Government should be more creative and supportive in developing of cruise tourism. 5) The army, soldiers and officers should be more trained and experienced in cruise sphere. 6) Science and factories should step together nowadays. We are in need of new ideas and future plans. 8. Conclusion. In this report we discussed the most important and interesting information about cruise tourism. We began from explanation of term of†cruise tourism†. The second stage was the history. We started with the first shipping company to offer a scheduled passenger service from the United States to England was the Black Ball in 1818 and continued with cruise tourism industry nowadays. We examine the the types of cruisers and continued world famous cruise lines. According Cruise Association we showed the facts and statistics data. The results have shown that people are very interested in cruise travelling. Moreover we gave some recommendations that were dedicated from the answers on the questions asked by the author. To sum up, we should mention that cruise tourism is a very popular and developing sphere and we have to be always in search of new ideas and creations in it.

John Proctor vs Arthur Dimmesdale Essay

The sixth commandment states, â€Å"Thou shall not commit adultery. † This is something that both John Proctor from â€Å"The Crucible† and Arthur Dimmesdale from â€Å"The Scarlet  Letter†Ã‚  committed. John Proctor’s partner in crime is Abigail Williams and Arthur Dimmesdale’s is Hester Prynne. The big difference between these two men is that John accepts his sin and Arthur does not. They both  share  the same sin, but they lived two different but similar lives. Since they both were Puritans and people that the town looked up to. The most glaring difference between John and Arthur is the fact that John isn’t a holy man. Hell, he doesn’t even attend church on Sundays. But this doesn’t change the fact that he completely regrets his crime of adultery. I think it might affect John a lot more than Arthur because he already has a significant other. This makes the sin more personal for John in that regard. John’s reason for not being a holy man (which was a big deal for the time) can be traced to 2 things. 1: Him being a farmer makes his life revolve around the randomness of the weather and the brutality of nature. The corruptness of the religious members of the town. An example is all of the witch accusations that are completely ridiculous and the priest asking the townspeople for money instead of preaching god. John’s personality is also completely different. He is entirely confident in himself (sometimes appearing arrogant) but believes he is right all of the time. This is one of the factors why the townspeople look up to him. But also one of the reasons the townspeople turned against him so fast when he admitted to adultery. Arthur Dimmesdale is as holy as you can get. He is a famous minister that gets transferred to the town of the scarlet letter and is respected by everyone. He eventually commits adultery with Hester Prynne which tears him up inside because it goes against everything he knows. He then beats himself up over it the entire book going as far as mutilating himself as â€Å"punishment†. Now that I mention it maybe Arthur regrets it more. Think about it, he gets punished for having a â€Å"thing† with the only woman he ever loved. Also it breaks all the rules in his lifestyle. Challenging his very means of living. He even gets a child out of this â€Å"mistake†. Pearl, who is a constant reminder of what he did. Arthurs personality is definitely a lot weaker than Johns. He is an incredibly weak man after the affair. Leaving as a shell of his former self. He is in so much guilt over what happened that he starts losing his own sense of reality at one point. Arthur is also incredibly susceptible to Rogers tricks in the book making him a weak man. Now that you know the differences between the characters let’s talk about how they accept their sin. John is pushed to the point where he has no other choice but to confess to the town that he had an affair with Abigail Williams. John is 100% strong in his decision though. He gives Abigail a cold shoulder on his way to his death telling her that it was a mistake and that he never loved her. But he tells his wife that he’s sorry for everything and that he loves her. In my humble opinion I think Proctor went out in pride. Accepting what he did and taking it like a man. Arthur†¦not so much. He knows he’s dying so he decides to let the town know the truth by showing the â€Å"A† carved on his chest to the entire town. This literally takes the â€Å"burden† off his chest but dies immediately after. This shows that he couldn’t take the guilt and that’s what killed him. Revealing it was too much for him. This was my comparison of characters in Puritan society stories and I favored John Proctor over Arthur Dimmesdale. They are both good analysis’s of the human condition and really made me think. Just remember that†¦. â€Å"A person that never made a mistake never tried anything new. † – Albert Einstein