The Scarlet Letter Creative Assignment Paper

Different Hester Prynne Diary Entries June fourteenth, 1641 at the beginning of today I alert in the jail, trusting that gatekeepers will take me to the commercial center. Pearl and my destiny will be chosen very soon and I am shaking with uneasiness. What will happen to us? Will it be that the individuals see the need of the demise discipline? Maybe they will remove dear Pearl from me! Gracious I am trembling with dread. Pearl is dozing in the corner and she is the most lovely sight I've seen. Here comes the guards†¦ I go to the dad that Pearl and I can live through today around evening time. Hester PrynneJune sixteenth, 1641 I have been condemned to 3 hours on the platform while the entire town ogled and talked tattle about me. I additionally should wear the sign of the Scarlet Letter upon my bosom for an amazing remainder. The day of the sentence, I saw Roger in the crowd†¦ Oh the helpless man, what have I done! He visited me yesterday in the jail also. I was attentive t hat he was going to hurt Pearl or myself. He sure is tingling for some vengeance from the dad. I didn't unveil what it's identity was nevertheless he appeared to be truly plan on discovering himself. Goodness I supplicate he never discovers out.In the in the interim, I will be partying day in and day out of the backwoods doing different embroidery occupations for individuals so as to keep my head above water. Hester Prynne August third, 1641 Pearl turns out to be progressively splendid every day. Periodically I consider her name and the amount it intends to me. â€Å"Pearl†, as in purchased with an extraordinary cost †my lone fortune. With such a transgression, that I submitted, I was given such a stunning youngster whom I love with each ounce of my heart. I ensure that I dress Pearl in great and ornamented garments. She transmits love and magnificence any place she is. Once of the primary things Pearl truly saw in this world, was the feared letter.Why must she be so int erested by this image of torment that I should bear? Hester Prynne March 25th, 1642 Today Pearl and I traveled to the Governor's Hall. The manor was outfitted so extravagant and luxuriously. Vivid woven artworks held tight the dividers just as representations and defensive layer and mirrors. The senator addressed whether I was equipped for bringing up a kid with all that I have done. I revealed to him I would show Pearl all that I have learned by wearing the Scarlet Letter and that it would be adequate. At the point when Pearl disclosed to them that I culled her off of a flower shrubbery, it didn't help their consciousness.I argued my case again and again lastly Mr. Dimmesdale acted the hero. I realized he would stand up for me considering the circumstances†¦ All that issues is I'm back home this evening with Pearl. Hester Prynne June seventh, 1648 I can't stand to stand what Roger is doing to Dimmesdale. He is intellectually and sincerely wrecking the man. Goodness the blame, and distress that must torment him. I have gotten away from this without any problem. I have been forward about the transgression on my part. While he should imagine nothing has ever occurred and let it consume his awareness. Gracious the helpless man. I wish I could plan something for help! Hester PrynneJuly eighteenth, 1648 Dimmesdale is looking more regrettable and more terrible. I ran into him in the forested areas today by the creek. We've presumed that we should flee. We could begin another life back in London and wash away all leftovers of this life. We could change our names, and I could discard this letter. I will begin to make arrangements. I truly trust Pearl gets used to him. The young lady knows only her mom and the letter. She was compelling worried when I took the letter off today. It's such a disgrace she discovers comfort in that, for it felt like a tremendous weight was lifted off my shoulder. She will get used to him and me, I know it. Hester Prynne

Childhood Obesity on the rise Essay Example | Topics and Well Written Essays - 1000 words

Henry Adams Virgin And The Dynamo Essay free essay sample

Henry Adams, Virgin And The Dynamo Essay, Research Paper The Education of the Henry Adams audits Adams s and the United States s guidance and developing during the nineteenth century. Adams was an old grown-up male who had Puritan convictions about sex and confidence. In this life account, Adams voices his distrust about grown-up male s newly discovered capacity to order the method of history, in impossible to miss, the exploding universe of logical control and designing, where all surenesses of the great beyond have evaporated ( anb.org, 1 ) . Adams experienced childhood in the United Stated where he was a Puritan. Puritans accepted that sex ( grown-up females especially ) was simply a signifier of birthrate and generation ; in any case sex was an underhandedness ( Adams, 384 ) . American craftsmanship, similar to the American etymological correspondence and American guidance, was each piece far as conceivable sexless ( Adams, 385 ) . The solitary figures and pictures of grown-up females that Adams saw with comprehension were those like the Virgin Mary, who was ever observed as non-sexual. We will compose a custom article test on Henry Adams Virgin And The Dynamo Essay or on the other hand any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page For outline, America was embarrassed about her have flung fig-leaves so richly all over her ( Adams, 384 ) . Notwithstanding, during this clasp of the designing insurgency, grown-up females were persuade bringing down to be seen something else, especially in Europe. Ladies were seen as excellent and mortal presences. People groups, for example, Rodin were stand foring grown-up females in pictures and models explicitly. Sexual action was becomi ng something more than just an organization of propagation. Out of nowhere Adams was far, far away from his Puritan exclusively bound life. People groups were not, at this point roused by confidence, being spared by God, and venturing out to paradise ; logical order, designing, cash, and force had assumed control over the pushes of grown-up male. Religion ( a typical graduated table of the days gone by ) had assumed the lower priority in relation to science, designing, cash, power, and the new considerations and specialty of sex ( all new graduated tables of the present and the great beyond ) . In protection from the medieval Virgin, Adams saw another Godhead the dynamo image of the cutting edge history s rebellious energies ( anova.org, 1 ) . Adams earnestly needed to larn about the new universe of designing, the dynamos, yet he felt crippled to happen this new comprehension and to grok it. Adams was overpowered by the building of the dynamos. At the point when Adams saw the dynamo, it turned into an image of the great beyond, of time everlasting ( Adams, 380 ) . He started to encounter the forty-foot dynamos as an ethical power, much as early Christians felt the cross ( Adams, 380 ) . Like the modifications in workmanship and sex, the designing was getting confidence. The dynamo, to Adams, has become an image of the obscure, of the great beyond without God and confidence. This was Adams s most noteworthy uncertainness ; going against the entirety of his days gone by and convictions and going on into the eccentric in the future.

History of Psycology Essay

Prior to brain research there was theory. Descartes was around during the finish of the Renaissance and in the time of progressive advancements in science. Conceived in 1596 to a French legal advisor, Descartes could see more than most. At the point when he was in his late 20’s, he looked like all the more a researcher than a logician since he had considered material science, optics, geometry just as physiology. The first to find that focal points in quite a while are rearranged by evacuating an ox’s eye, Descartes likewise had confidence in truth and was a functioning realist, which means he accepted reality would rise via cautious utilization of reason and it turned into his business as usual. Thusly to truth was additionally through the human ability to reason. He made four standards he used to show up at truth. He likewise was the most popular case of a dualist, offering approach to tolerating an unmistakable segment between psyche or soul and body. He accepted that the body resembled an all around oiled machine and the brain could affect it. John Locke followed Descartes in 1632. He needed to take epistemology, the investigation of human information and acquiring it, to a progressively test based gathering of order. Locke rejected the possibility of natural thoughts, just â€Å"faculties†. A few thoughts showed up so right off the bat in life that they used to accept they were intrinsic however Locke announced that the entirety of our insight was gotten from encounters. Locke expressed that the brain resembled a white piece of paper, clear yet ready to become something extraordinary. Encounters add to the paper by sensations and reflections. George Berkeley was another rationalist conceived in 1685. His work on vision was the primary case of how empiricist thinking could be applied to the investigation of observation. In conclusion there is David Hume. He manufactured his insight around the base reason that the entirety of our comprehension is established in understanding, or impressions vs.ideas. Impressions are fundamental sensations experienced day by day, for example, feeling torment, seeing yellow or tasting saltiness. Thoughts are black out duplicates of impressions however are not as clear. Hume likewise offered three laws of affiliation: similarity, contiguity, and cause/impact. Likeness meaning the appearance of one article can bring back recollections or thoughts of another thing. Contiguity implies interlacing two things together, for example, the smell of oranges and the west coast. The best of the laws is the law of cause/impact. On the off chance that one thought causes another thought or memory, the reason helps you to remember the impact for example consuming your hand on the oven while making biscuits. When seeing the scar, the memory of biscuits will return. Hume likewise recommended that to reason that A causes B, one must know 1. At the point when A happens, B must happen consistently, 2. A happens before B, and 3. B doesn’t happen without being gone before by A. In the nineteenth century, brain research moved from being logically based to being increasingly logical. Researchers and physiologists attempted to show the world the purposes for brain research were in reality dependent on the faculties and the sensory system. One model is the Bell-Magendie law. Both Sir Charles Bell and Francois Magendie both were examining the underlying foundations of the postierior and front underlying foundations of the spinal string and their capacities. Ringer was credited with the law since his exploration was distributed before, however constrained, and Bell didn't lead an investigation like Magendie did on doggies. They found that the back roots control sensation where there is development still however no sensation. Magendie then cut off the foremost root in another creature and the appendage was limp and incapable to move however it despite everything had sensation. To close, the study of brain research has consistently been a changing space from reasoning to technical disciplines. It will proceed to develop and create as the world changes and moves. Descartes got the show on the road by considering optics and how to show up at reality with his four laws. Locke indicated the world that it is sustain versus nature that shapes an individual. Hume gave us the three laws of affiliation. In the nineteenth century brain research created to incorporate sciences. These rationalists and researchers formed the brain research field to what it is today.

Cloning Essay Research Paper In today s free essay sample

Cloning Essay, Research Paper In today s society it appears as though anything can be cultivated through building. In spite of the fact that most advancements are being made to help cure and consideration for sick and crippled individuals, many accept that researcher have gone to far and are playing the capacity of God. One of the most solicited requests today is the hypothesis from cloning a person. Innovation and logical order have for all intents and purposes made this idea a world ; in any case, many differ about the moralss of cloning. Is cloning simply another offices of multiplication or is science disregarding the common request of Gods imaginative movement. In the finishing up examination, human cloning is wrong a result of the negative impacts it will hold in today s society and the risk it will bring down on universes. At the point when requests about human cloning emerge, individuals are over streamed with considerations of how it could loan or benefit themselves and their from now on. Would it let them to populate longer? Might it be able to offer plan to those incapable to uncovered posterity obviously? Might it be able to open window to human infections, which would let for clinical claims to fame to deal with hopeless illnesses, for example, Aidss and the Ebola Virus? What could cloning truly make? Researcher program to use cloning for clinical aims along for a basic offices of generation. Scientists other than plan to clone adult human cells that will do it conceivable to turn new Black Marias and livers and nervus cells ( Gibbs 49 ) . On the off chance that this were thus, so it would most likely be conceivable to change the hereditary studies of an individual all together. Jeanna DuPrau territories, Most of us would be cheerful if our folks had made us by a familial legacy liberated from harmful neoplastic infection, chest ailment, and dynamic neurological sickness ( 68-69 ) . Cloning could answer the requests to such a large number of conundrums that plague researcher today. What's more, with answers, cloning carries want to those suffering from enduring unwellnesss, and would offer ascent to greater and better networks. Over the past decennary, an ever increasing number of pairs have gotten themselves inept and incapable to hold up under children obviously. Cloning could, for outline ; offer would like to individual who is sterile due to threatening neoplastic ailment treatment [ and ] needs to hold an angel through cloning ( Gibbs 48 ) . This alternative would empower family units to hold kids without holding to go through the truly conveying technique. However these are still hypotheses, cloning can at present be utilized as a potential and significant choice for thought. Despite the fact that cloning new wave be on a very basic level made around the clinical universe ; its plan doesn T stop at that place. Society takes this idea in and makes a totally different kind of subjects that they could benefit from. Cloning is thought to offer ascent to human improvement and in bettering. Humankind ought to be in charge of its ain destiny, says DuPrau ( 74 ) . See having the option to clone the most top notch examples of humankind. . .at that point the figure of top of the line individuals would increment, and in the long count, humankind would be improved ( DuPrau 61 ) . With this being valid, individuals feel that their in the future of being fruitful is inescapable. They will have the option to discover accurately what they need in their children and have them made to their every craving and enjoying. With the coming familial transformation, we will be coordinating our ain improvement rather than trusting on a characteristic ( and some of the time dark ) lottery to make it for us, states Jonathan Colvin ( 2 ) . With all the conceivable outcomes accessible, cloning is about a destined impression that is near the very edge of going world ; by and by, there is a lot of dispute on the subject of human cloning. DePrau feels that some through media must be reached between the individuals who state human cloning must neer go on, in light of the fact that it is corrupt, and the individuals who state human cloning must go on the grounds that its advantages out gauge its threats ( 75 ) . Despite the fact that there are numerous potential advantages, there are unquestionably more who can't help contradicting the possibility of human cloning and holding designing produce future humankind. On the off chance that human cloning got conceivable, the cultural and financial standards squeezed upon the individuals of our universe would go aloof. To make a ringer it will be less than 1 million dollars ( DuPrau 62 ) This terrible figure would be unnecessarily stunning for anybody of typical salary to bear. Because of this reality, contrasts among rich and hapless could become so extraordinary that universes will truly be changed into more than one animal varieties ( DePrau 63 ) . Thusly this ability will be restricted to wealthy individuals and in this state rich individuals are probably going to be white ( 62 ) . With this being valid, our universe will once again be placed into a kind of isolation age were individuals are compelled to be isolated over something that they have no influence over. Populace all in all will go a game for designing and logical control to play with and it will at long last pass on us down then again more progressed. We will go stocks of similar sorts and independence will scarcely be. Colvin states that. . .by dousing the commixture of cistrons that happen during regular multiplication, human biodiversity will be lessened and human advancement will suspend ( 2 ) . We would be diminishing the common method of generation and by that decreasing our highlights as various individuals. With a populace, for example, this there comes certain standpoints that are to be met. Lifes will get down being made, as stocks then again of a build of adoration between two individuals. Human presences ought to be made for their ain intrigue, neer for individual else # 8217 ; s point ( DuPrau 70 ) . Ordinarily these children might be made simply to satisfy the craving to live over a past clasp or to take the topographic purpose of a lost adored one. What a heap for those children, to cognize that their folks were attempting to re-make themselves or individual perished ( Arnst 1 ) . That child will encounter committed to be an individual the person in question is non arranged to be or may non even need to be ; by and by, the person will be brought into the world with certain standpoints. The child may encounter these standpoints as power per unit zone. He dim feel that he doesn Ts have the opportunity to be what he needs to be ( DuPrau 65 ) . To make a child and criticalness such points of view toward that person is all together deceptive. A child ought to be brought into the universe out of adoration and marriage, non for 1s ain individual plan or want. In the event that a the child is brought into the universe for this plan, imperfectnesss and all, so the child is henceforth ever a blessing one like them who springs from their grasping, non being whom they have made and whose destiny they should discover ( OConner 24 ) .

Definition Argument Essay Samples - Get What You Need

Definition Argument Essay Samples - Get What You NeedStudents are required to write an essay with defined definition arguments so that they will be able to improve their writing skills. Students need to practice this habit in order to produce good argumentative essays.One of the best ways to develop a good definition argument is by using persuasive argument examples. The same thing applies to using arguments as examples in your own writing. Good examples will definitely help you in shaping your argument.There are certain things that you can use to guide you in building an argument. For example, make sure you have first the sources of your information and then you should start researching the issue that you are writing about. It is very important that you do not take for granted the information that you have gathered. You should never just accept information without doing proper research on it.When you find the best sources of information, you need to make sure that you should get the m in writing. Remember that your writing is very important and you must make it count. Once you have gathered all the necessary information, then you need to organize the information in a way that will make it easier for you to present it to your readers.If you want to make your writing better, you should make use of a persuasive argument template. A template is usually made up of some templates, which are sometimes grouped together. However, you need to use one template and stick to it. Your whole argument is based on it.An example of a good argument template is the '5 Second' idea. This is a very helpful tool especially for people who do not have enough time to write a good essay. With this tool, you need to just focus on the content of your essay and the other stuff will take care of itself. It is therefore advisable that you should keep in mind the purpose of your writing and try to reduce the details of the essay.The purpose of the essay that you are writing is to make good arg uments that are based on your facts and your knowledge of the topic that you are writing about. Make sure that your essay should also use your written voice as the main appeal of your argument.The goal of writing is to make it successful and most importantly, to achieve what you want. Thus, the importance of definition argument essay samples cannot be ignored at all. You should always remember that these samples will guide you in making your writing perfect and it is because of this that you should always read the sample.

Corporate Governance And Firms Performance Finance Essay - Free Essay Example

Corporate governance is a recent concept that encompasses many issues like internal control, rights and relation with stakeholders, social responsibility of the business, structure and role of the management committee, management transparency (refers to the disclosure of all reliable and relevant information) and accountability (refers to broader corporate objectives to manage the socio-economic resources efficiency) and the like. It also entails planning and strategic development of the company, day-to-day operation, and knowledge of the market and the sound understanding of the business itself. Precisely speaking, corporate governance is all about corporate practices to meet the corporate objectives. According to Byrnes et al. (2003), after the high profile scandals of Enron, WorldCom etc. corporate governance is imputed in the Sarbanes-Oxley Act of 2002. This paper will try to find out the impact of corporate governance on firm performance. This paper will also try to show that better use of corporate governance help the firm to perform in an optimum level and if it is right better governed firm will have better performance than worse governed firm. Jensen and Meckling (1976); Fama and Jensen (1983); Shleifer and Vishny (1997) cited that, incentive has been given to the managers to confiscate the assets of the firm by taking profitable projects but this is much beneficiary to the managers than maximizing shareholders wealth. According to Shleifer and Vishny (1997), effective corporate governance control the awards given by the stakeholders and creditors and increase the profitability of the firm by investing in a positive net present value projects. Brown and Caylor (2004) argued that, regulators and governance advocates argue that in most of the cases stock price goes down because of poor governance and if this is right the market price of the well governed firm should be relatively high than poor governed firms. On the other hand by considering cash flow hypothesis Jensen (1986), says that shareholders expects cash flow via dividend payout but large free cash flow through dividend decrease the liquidity condition of the firm a nd this disables the firm to invest in the profitable projects and lower the profitability. Arnott and Asness (2003) finds that, better governed firm give more cash in dividend payout which also can be considered as firm performance. Moreover Bowen, Rajgopal, Venkatachalam (2008) found that, corporate governance also can be found from the accounting discretion, firm with weaker governance structure generally produce report with poorer future performance. According to Gompers, Ishii, and Metrick (2003), studying the impact of corporate governance on firm performance finds that, strong shareholders rights and returns of the firm outperform on risk-adjusted basis. This result indicates that corporate governance also can be measured or constructed from publicly available data. According to Klein, Shapiro and Young (2005), there are not any clear evidence that can suggest that better corporate governance will enhance the firms performance. One alternative way to measure firm performance is measuring the performance of companies with shareholders rights. Core, Guay and Rusticus (2004) said that, in current decade share returns of companies are strongly related with shareholders right companies with poor shareholders rights do not over perform in their performance. The companies which maintain strong shareholders right may not exhibited superior return on their performance. On the other hand, if the firms risk adjustment not done properly, corporate governance may correlate with unrecognizable risk factor(s). One other thing is that the relation between corporate governance and firm performance might be increase distrust about causality explanation. In most countries the common mechanism for determining collective action problems among shareholders partial ownership and control is given to the hand of large shareholders. In this situation two important forms of corporate governance need to be considered by the firm. First, there may be conflict among the shareholders with management against small investors; and secondly, the liquidity from secondary market will decrease. To boost the liquidity crisis of the stock market corporate law is enforced and which limits the power of the large shareholders of the company and also limit the violence of the minority shareholders. In this system generally the firms depends on the board of directors to maintaining and functioning the actions of the shareholders. Sometimes the actions of the board of directors become ineffective. Where the minority shareholders get better protection the interest of the mangers also become an issue of prudence. Finally, the primary goal of the corporate govern ance is to control the regulation of activity the shareholders and managers and made a check and balance to protect the interest of both shareholders and mangers. This paper will try to find out how corporate governance can help the firm to accelerate their performance. For doing so there lies a need for developing a measure to scale corporate governance practice of the firm and to allocate a governance score for each firm then calculation of the financial and economic performance by using governance score will become possible. This paper will also conduct a cross sectional analysis to relate firms performance with their corporate governance practices. Keywords Corporate Governance, Firm performance, Corporate Governance and Firm Performance. Problem of the study This paper will develop to find out the following problems: How corporate governance impact on firms performance? Why firms performance is influenced by corporate governance? When corporate governance influence firms performance? Aims The aim of this paper is to find the influence of corporate governance over firms performance. Objective of the study This research will be conduct to fulfill the following objectives To measure the industry wise corporate governance practices. To find the impact of corporate governance with the firm performance. To measure the degree of performance influenced by corporate governance. To find out the major indicators of corporate governance. To find out the best practices of corporate governance. Literature Review The concept corporate governance actually gives an insight regarding the code of conduct of the companys business. Corporate Governance is the process by which companies are governed and held accountable to their owners. Corporate Governance is the whole system of managing and controlling a company. Many view corporate governance in the light of the long-run value creation of shareholders. Corporate Governance is the enhancement of the long-term shareholder value while at the same time protecting the interest of other shareholders. From this view, corporate governance focuses on structure and rules of the board of directors; the independent audit committee and control management. So, corporate governance is a pervasive concept, which basically tells about the corporate practices. This is such a concept encompassing the relations and rights of shareholders with the board and other stakeholders; effective risk management; management transparency and accountability to the stakeholders g roup and overall corporate practices that aims at meeting the corporate goals. OECD set few principles of corporate governance, which have been adopted by the member countries of the OCED. These principles are available in the web site: www.oecd.org. In summary, they include the following elements: The rights of shareholders: These include a set of rights including secure ownership of their shares, the rights to full disclosure of information, voting rights, participation in decisions on sale or modification of corporate assets including mergers and new share issues. The Equitable Treatment of Shareholders: Here the OCED is concerned with protecting minority shareholders rights by setting up systems that keep insiders, including managers and directors, from taking advantage of their roles. The Role of Stakeholders in Corporate Governance: the OCED recognizes that there are other stakeholders in companies in addition to stakeholders. Banks, bondholders and workers for example are important stakeholders in the way in which companies perform and make decisions. Disclosure and Transparency: The OCED also lays out a number of provisions for the disclosure and communication and key facts about the company ranging from financial details to governance structures including the board of directors and their remuneration. The Responsibilities to the Board: The guidelines provide a great deal of detail about the functions of the board in protecting the company, its shareholders, and its stakeholders. These include concerns about corporate strategy, risk, executive compensation and performance, as well as accounting and reporting systems. John, K. et.al. (1998) conducted a study to relate Corporate Governance with managerial risk-taking. The study showed how the investor protection environment affects corporate managers incentives to take value-enhancing risks. It suggested that the manager chooses higher perk consumption when investor protection is low and vice versa. Lower investor protection is associated with conservative investment policy and least firm growth. Finally the authors suggested that the corporate risk-taking and firm growth rates are positively related to the quality of investor protection (whether the investment generated by the firm is used is a safe and secured way). This situation indicates that a risk-taking firms growth rate is higher than the less risk-taking firm so find out the concerns towards the investors it is necessary to calculate that whether the firm is taking much risk for increasing its growth, which may arise adverse situation for the investor by decreasing the protection of the i nvestment. According to John and Senbet (1998), a common belief is that boards of directors are become more independent as the number of outsider director increases. Though, Fosberg (1989), found no relation of firm performance with the outsider directors, he rather emphasis on other variables like SGA expenses, sales, return on equity and number of employees. Hermalin and Wrisbach (1991) also dont find any association between the number of independent directors and firm performance. In 2002 Bhagat and Black became unable to find any relationship between the numbers of outsider directors. But in contrast Baysinger and Butler (1985) and Rosenstein and Wyatt (1990) find rewards for the firm for appointing outsider directors. Anderson, Mansi and Reeb (2004) showed that, the cost of debt is inversely related with the independence of the board of directors. According to Brickley, Coles and Terry (1994), there are a positive linkage between the number of outsider directors and stock market response. Bhagat and Bolton (2007) argued that, better governance can be measured by GIM and BCF indices, stock owned by the board of directors, performance of CEO etc. Lipton and Lorsch (1992); Jensen (1993) argued in their evidence that, it is believed by some people that limiting the board size of the firm will have impact in the performance of the firm because increase number of the board members will increase the monitoring, communication and decision making ability. On the other hand Yermack (1996) found an inverse relationship between board size and profitability, asset utilization and Tobins Q. Board of director plays a vital role in the firm performance. As they divide their duties and responsibilities so increase in the number of directors make the responsibilities and duties more narrowed, so if the number of director increases the firms performance should be increased. On other side if the firm appoint experienced CEO or director in the firm it have a positive impact on the stock price of the firm which reflects the practice of good corporate governance has a positive impact on firms performance. According to Bhagat and Bolton (2008), Corporate governance has the authority to make any modification or change in any important decisions including investment policy, management compensation policy, boards decision etc. so it becomes easier for the firm to monitor and implement their activities efficiently by practicing good corporate governance this will help the firm to increase its overall performance. A negative relationship has been found by Klein (2002), between audit committee independence and earnings management. Whereas Anderson et al. (2004) documented that firm with self-governing audit committee has low debt financing costs. Frankel, Johnson and Johnson (2002) show an inverse relationship with the firm earnings management and the independence of the audit committee. On the other hand, Ashbaugh, Lafond and Mayhew (2003) and Larcker and Richardson (2004) show disagreement about the inverse relationship between firm earnings management and independence of the auditor in th eir evidence. Bhagat and Bolton (2008) provided some evidence to associate the relationship between audits related governance factors and firm performance: Audit committee those are solely independent are positively related with dividend yield but not related with firms operating performance or valuation; Annual meetings held by the firm are not related with the performance; Consulting fees and audit fees paid to the auditors are negatively related with the firms performance measurement; Company policy for rotating auditors are positively related with the return on equity but not related with any other performance factors. As audit committee plays an important role for establishing and implementing firms investment policy, compensation policy and other management decision the role of audit committee influence the firms performance. The performance of audit committee can vary due to various factors such as audit fees, independence of the committee etc. as Bhagat and Bolton (2008) finds several audit related governance factors but this area needs further research to find out the exact situation. Gompers, Ishii, and Metrick (2003) introduced a corporate governance measure which is equal weighted index of 24 corporate governance factors, these factors are gathered by the Investor Responsibility Research Center (IRRC), those are, classified boards, golden parachutes, poison pills, cumulative voting supermajority rules for selecting and approving managers. Whereas, Brown and Caylor (2004) created their corporate governance index through the use of Institutional Shareholder Service (ISS) data. Hermalin and Weisbach (1998, 2003); Bhagat, Carey and Elson (1999); Brickley, Coles and Jarrell (1997) states that, board independence, stock ownership of board members and whether CEO and Chairman are individual person etc. are considered as a importance characteristics of corporate governance. Brown and Caylor (2004) identified 52 factors for considering corporate governance practice of the firms where Gompers, Ishii, and Metrick (2003) considers 24 factors for measuring corporate charter position and board characteristics. According to Bhagat and Bolton (2008) management compensation features, board characteristics, and corporate charter position creates the personality of firms corporate governance while creating the corporate governance index these factors need to be weighted otherwise it will become unable to give optimum result. If the weight are not equally weighted the relationship between the corporate governance and firm performance will give an unrealistic result with incorrect inferences between the relation of corporate governance and firm performance. While selecting the factors for creating the governance score it must be consider that the factors need to be available for all kinds of firms from different industry, otherwise the result may become bias. On the other hand if the researcher did not find weighted average the outcome of the study becomes questionable so for making the evidence more reliable it is necessary to find out the weighted average o f the governance score. Some variables of measuring corporate governance can be motivated by incentive-based economic models of managerial behavior. This model can fall into two categories. First one is agency model, in this model the interest of managers are take into action as a result it becomes costly for the shareholders. In this model shareholders become unable to observe the behavior of the managers directly, but sometimes ownership are given to the managers to reduce this type of action and use the resources for the best interest of the shareholders. This problem is cited by Grossman and Hart in 1983. Another model is adverse situation model; this model is motivated by the hypothesis of differential ability which also cannot be observed by the firms shareholders. In this model the power of managers is control to reduce the use of cash flow for the private benefit or managers personal information cannot be used to control the firms cash flow. This model is provided by Mayerson (1987). From the above situation it is clear that sometimes corporate governance is controlled by the relationship between managers and shareholders and in this case managers behaviors and ability are directly associated with the firms performance. Berle and Means (1932), find the impact of the cost of the shareholders ownership, they found a positive relationship with ownership structure and firm performance. However, Demsetz (1983) argued that, if we scrutinize the success factors of the public companies with diffused share ownership we will see clear offsetting benefits of the shareholders. Other factors that may impact of the firm performance are performance based compensation and insider information which should be determined through ownership. For example, if the performance of the firm increase the value of the stock and the managers owned some ownership, it will increase the value of their ownership this incentive will help the firm to preserve the interest of both shareholders and managers by boosting the performance of the firm. Hypothesis This research will focus on following hypothesis: H1: Company with good Corporate Governance has a better operating performance. H2: Company with poor Corporate Governance has a poor operating performance. Methodology of the study Research method To fulfill the objectives of this paper and find out the relationship of corporate governance with firm performance both qualitative and quantitative method of research will be used. The main objective of this paper is to find out the relationship between corporate governance and firm performance and to find out the degree of influence of corporate governance on the firm performance to find out this evidences researcher need to go through an exploratory research. Some case studies also will be analyzed and discussed to find out the actual position and this will make this research more realistic. This paper will try to develop a governance measure (governance score) to find out the degree of corporate governance practiced and also identify some factors to measure the performance of the firm and score them with a relevant range. Governance score will be composite measure of about 50 factors which will encircling on several corporate governance categories like audit committee, board of directors, executive and directors compensation, compensation policy for the managers, industry, progressive practices, directors education, charter/ bylaws etc. Then researcher will do a cross sectional analysis between governance score and firm performance score. For measuring operating performance Tobins Q, GIM, return on equity, profit margin, sales growth, and other financial measurements will be used. Data collection This paper will create a summary metric of the governance score to measure the strength of the firms governance. Researcher will collect data related with corporate governance and firm performance from the annual report and publicly available information sources mostly researcher will depend on the secondary sources for preparing this report; though researcher will try to collect data from the reliable sources like stock exchange, annual report, magazine etc. This paper will take a large number of individual firms as my sample for this studies thus it will reflect real phenomena. This paper will take data for measuring firm performance for the 2009 fiscal year end. Sampling The population for this report will be listed companies in the London stock exchange. The researcher will take at least fifty companies as sample from five different industries they are automobiles and parts, banks, beverages, food producers, and electronic and electrical equipment. The companies will be chosen randomly. Scope of the study This paper will try to find out how good corporate governance practices impact on the firm performance. This paper will contribute on the literature on the following way: first, the role of the board of the directors plays on the performance of the firm. For example: the numbers of independent directors or dependent director can play a role in the governance and also contribute on the performance of the firm. This may varied from industry to industry so researcher will took a descriptive analysis on the following matter, for collecting the evidence on the following matter GIM, and Tobins Q will play a great role. This paper will also find out the variables that may impact on the performance related with this topic. Secondly, researcher will try to find out the better incentive policy given to the manager stock option or cash dividend which will be more effective to protect the right of the stockholder as well as boosting the performance of the firm. The performance of the firm can be measured in various ways this paper will focus on the financial performance and the right of the stockholder in measuring the performance of the firm. Thirdly, this paper will come with the functioning of the audit committee; audit committee plays a vital role on the both in the corporate governance practices of the firma and the firm performance. Compensation given to the internal and external audit committee also has impact on the firm performance do find out these impacts an explanatory research will be conducted. Finally, researcher will come with the degree of corporate governance practices with the firm performance. This paper will find out extent of the impact of the corporate governance with the firm performance. Concluding remarks Corporate governance plays a vital role to balance between the economic and social goals and between individual and communal goals. The governance framework is very much important to boosting up the performance of the firm and to protect the interest of the stockholders. Because it ensures the efficient use of resources, make the management accountable and ensures the best benefit of all the parties. As a result corporate governance has impact on the overall performance of the firm because it control most of the performance factors and the good practices of corporate governance will allow the firm to protect the interest of the stockholders. Time table: Task Start Date Duration in Days End Date Analyze objectives 10/01/2011 8 17/01/2011 Introduction 18/01/2011 14 31/01/2011 Literature Review 01/02/2011 28 28/02/2011 Methodology 01/03/2011 15 15/03/2011 Data source 16/03/2011 14 30/03/2011 Data collection 31/03/2011 08 07/04/2011 Evaluation 08/04/2011 07 14/04/2011 Edit 15/04/2011 05 19/04/2011 Final documents 20/04/2011 05 24/04/2011 Binding 25/04/2011 03 27/04/2011