Answer to case Study Example | Topics and Well Written Essays - 750 words

Answer to - Case Study Example The Congress government wanted to impose regulatory measures on the derivative trading deals in order to avoid such losses in future. Unlike trading in New York Stock Exchange, most of the derivative transactions took place between private parties in U.S. The government wanted to make such trading through ‘clearinghouses’, where public intermediaries’ would inspect the dealings. According to the government, it was also necessary to implement the Dodd Frank Act that would oppose the banks from undergoing excessive risks in big dealings. At this juncture the commercial banks claimed for less government intervention. Jamie Dimon the chief of the company commented that, three high ranking executives left the company and this was the reason for the loss. Stakeholder Theory Approach The JPMorgan loss affected both the market and the non market stakeholders. Market Stakeholders Customers The customers are the depositors who keep their assets in the bank. The loss of JPMo rgan would make the customers feel unsafe to deposit their wealth in the bank. They would fear that the bank might collapse in such adverse crisis and thereby might withdraw their deposits. Employees The employees of the bank would lose confidence from the organization and might decide to leave their jobs and join elsewhere. They would do this in fear of losing their jobs in future. Suppliers The suppliers would also turn out to be non supportive to the bank. They would cease the major derivative dealings in fear that in such crisis the bank might not be able to pay back the returns to them. Non-Market Stakeholders Government The government would need to offer an implicit bail out to finance the loss making projects of the firm. The state would offer an implicit bail out only if the bank accepts to operate under its regulations. Communities The communities would expect the bank to recover its loss. This is because JPMorgan initiates certain social responsible schemes for the communi ties. They would encourage the employees, suppliers and customers not to loose confidence from the bank. Business Supporting Groups The business support groups would also support the views of the company chief. They would claim for less state intervention in the matters of the private banking. They would claim this because they are in favour of banking led business expansions. The Stakeholders Map High Stakeholders Salience Stakeholders Sailence Low Against Position of the issue For (Source: Authors Creation) As shown in the above map, the communities and business support group would take this loss to be a normal incident. They would comment that the loss has actually taken place because three important officials left JPMorgan bank at this juncture. Ina Drew was one of these three officials, who used to look into the risk in the firm’s derivative deals. On the other hand customers, government, suppliers and the employees would move against the views of the issue. They would l ose confidence from the bank in due course of this loss. However, since U.S. is a republican country the salience or power of the customers would be utmost influence the decisions of the banks. The government and the communities would have the minimum powers. Sample Stake holder Map Recommendations The power of the customers and suppliers are high in matters of private commercial bank. The scale of operations of a commercial bank depends on the trust and

Managing Environmental Issues Essay Example | Topics and Well Written Essays - 1000 words

Managing Environmental Issues - Essay Example Fryxell and vryza (2007) assert that the simulation focuses on three major environmental philosophies on human responsibility towards the environment. Examples of simulation put in place in order to manage environmental issues include the anthropocentric view, biocentric view and ethical extensionism. The model explored by Fryxell and vryza (2007) explores on how human being inter and intra relates to the natural world and therefore assesses how human activities impacts on the natural environment. Therefore, this discussion contributes to the critical study of the mankind responsibility in protecting and managing the nature and his role in the environment. Environmental justice refers to the fair treatment that explores the meaningful involvement of people especially the minority and low-income populations into the development, implementation and enforcement of the environmental laws, regulation and policies as asserted by Fryxell and vryza (2007). Consequently ensuring coverage of adverse and desperate health impacts that are a burden to the environment and affect also affect the people. Environmental justice is achieved when everyone within the environment can enjoy the same degree of protection from the environment and from health hazards activities of the population. Environmental simulation aims at accessing the decision making process by the stakeholders to have a healthy environment in which all the people can live, learn or work comfortably without any disturbances (Fryxell & vryza, 2007). This is achieved by facilitating open dialogues among many stakeholders involved in managing the environment. In doing this, fair treatment is achieved in involving all kinds of people from different part of the world regardless of their race, color, originality or income with an aim of achieving a healthy environment for the benefit of all. There are many stakeholders involved in the management of environmental