Welfare Myths and Realities Essay Example for Free

Welfare Myths and Realities Essay Society has continued to undergo evolution and change throughout the history of civilization. These are the factors that spell out the dividing line between social classes and castes that are redrawn on an almost daily basis by mankind. This is why there will always be a mixture of fact and fiction surrounding the way present day society views those people who were unlucky enough to end up at the bottom of the societal class chain. These are the people who are forced to survive using welfare to keep food on the table, money in their pockets, and clothes on their backs. It is highly unfortunate that the word Welfare has come to mean a person who does not want to work unless he is forced to work. But this is not always what defines a person on welfare. In todays world, the workplace is a highly competitive environment where people no longer have security of tenure in their jobs. People want to work. The problem is, there are not enough jobs to go around. The reality is that when a person loses his job these days, it is highly unlikely that he will be able to get new regular employment anytime in the short-term future. So, he is forced to take what odd jobs he can while trying his luck at landing regular employment. Realistically speaking, temp jobs wont pay the rent nor keep food on the table. In order to stay afloat, the person must take welfare assistance. This is a not a permanent set up for most, it is just financial aid until the person can get back on his feet. Hey, he paid his taxes and his Social Security dues. Therefore, it is only proper that the system helps him get back on his feet. Nobody in his right mind would want to make welfare his way of life. Welfare tends to affect a person both psychologically and emotionally as he struggles to try to go back to the way of life that he has become accustomed to. Even though they try to get off welfare at the soonest possible time, sometimes, he is forced to go back on welfare for one reason or another. The last thing he wants to become is a welfare cyclist but he is left with no other choice. Psychologically, a man unable to support himself is thrown into despair and self-pity. He thinks less of himself and wishes to feel better by being able to support himself without the aid of welfare. The last thing he wants for himself is to get involved in welfare cycling. This is the act of going on welfare for short periods of time during which a person has lost his job. It is totally unfair to say, the federal welfare program encourages people to stay poor. (Margaret L. Andersen Howard F. Taylor, 2003, p. 200) Man is an ambition driven entity. He pursues lofty goals and ambitions in life and does not deem himself a success or a complete individual unless he has something to show for his existence. It can be in the form of finances, or something solid like real estate. Whatever it may be, there is nothing that can drive a man to have a desire to stay poor. The government does not give enough financial support to the welfare organizations for one to believe that those on welfare would be getting enough welfare checks or food coupons to sustain any kind of lifestyle. These benefits are available only to a limited number of families who must pass a stringent interview and verification process. Neither is it true that only Blacks or Hispanic families benefit from welfare. There are also White families who are down on their luck and also move from place to place or even state to state in search of the elusive jobs. The welfare myth about women is proves to be even most unfair. Women are the light that guides a family. While husbands work and bring home what pay then can in the lower middle class society, the women are left at home to tend to the children. Most of them cannot afford child-care and therefore help their husband earn income in order to improve their basic lifestyle. This is why most women collect welfare for their families. If there were proper child-care assistance provided to these families, both parents would have a chance to work instead of having to line up collecting unemployment checks just to make ends meet. Of the 100% of the total federal budget, only 60% of this it spent on assisting poor families. This provides subsidies for the lowest income families basic living and medical assistance. There is absolutely no truth to the belief that certain welfare recipients are paid benefits that they no longer qualify for. Though the system is not foolproof, as some payments errors are done due to human error, there are still safety measures in place to make sure that overpayments are limited and that any fraudulent transactions are weeded out in the process. Going on welfare was never meant to make any man rich. It is not a status symbol that will make you the envy of others either. Often times, the amount of the checks given to the people involved are below the poverty level. It is really meant only to be a stop gap measure for those who have had a stroke of financial bad luck. It was not meant to sustain any person throughout life. The myths that were created by the fear of going on welfare gave the deserving welfare beneficiaries a bad name. It has branded them in such a way that society tends to be judge and jury of the way they conduct their lives and personal businesses. Welfare was meant to be a helping hand when one needs it the most. Welfare was envisioned, developed and meant to help a person get back on his feet after a devastating financial setback. To believe all these myths that have been handed down from generation to generation would be a disservice to such a humane undertaking that is done for and on behalf of your fellowman. Works Cited Andersen, Margaret L. Taylor, Howard R. (2003). Sociology The Essentials (2nd Ed. ) Welfare Myths: Fact or Fiction? Exploring the Truth about Welfare. 1996. December 22, 2006, Retrieved from http://hcom. csumb. edu/welfare/resources/myths_facts. html Irons, Meghan Erica. Dispelling Myths About Welfare. December 21, 2006, Retrieved from http://www. voice. neu. edu/960215/welfare. html

Holden Essay -- essays research papers

Holden Caulfield, the narrator and the main character of The Catcher in the Rye by J.D. Salinger, is a young adult, who, at first seems to simply describes his four day adventure in New York City after bring expelled from his forth school. However, at the same time he narrates more; through his many experiences, which he describes in the book, we can see the themes of the work. The theme that definitely stands out is the loss of innocence. Holden portrays himself as an individual, who does not want to grow up and change. From the beginning, it is obvious that Holden does not like anyone, except children. To Holden, the world around him, the adult world and all of its members, is phony. In other words, the innocent world of children is the only world that appeals to Holden. However, in the end the reader also gets to see Holden's change and eventual surrender to the adult world. The Catcher in the Rye is simply about Holden's futile resistance to growing up and his surrender. Holden's attempts to refuse maturing are seen through his failures in education, his attitude towards the adult world, and his caring for only children, but his sudden fall into maturity shows there is no escape from growing up. Holden's actions and the way he describes his experiences clearly show his refusal to grow up. The first sign of Holden's refusal to leave the childhood world behind is his constant failures in school. Holden has been kicked out of several schools already, from each one within a...

Authoritarian Parents

Authoritarian Parenting: The Impact on Children. By Matthew J. Miller, Psy. D. Baumrind’s Parenting Styles Parenting Types: 1. Authoritarian 2. Authoritative 3. Permissive 4. Neglectful In the early 1960’s, psychologist Diana Baumrind conducted experiments with parents. These experiments were designed to identify and understand how parents differ in their responses to their children. As a result of the Baumrind study as well as further research, four main styles of parenting were delineated. They are Authoritarian, Authoritative, Permissive, and Neglectful.Each style has its own characteristics as well as effects on children’s development. This article will discuss the impact on children of authoritarian parenting. Authoritarian Parenting For Authoritarian parents, rules are often more important than relationship. Authoritarian parents have many rules and they enforce them. They expect and demand adherence to high standards. Having high standards for the behavior of children is not necessarily a bad thing. However, the way they go about achieving these high standards hurts the relationship between the parent and child.The authoritarian parent often fails to explain the reasoning for the rules. In fact, they do not engage in much conversation with their children regarding the rules. When children ask, â€Å"why? † the response is, â€Å"Because I said so. † Not only does authoritarian parenting impact the current relationship between parent and child, but this type of parenting can have long-term effects on the emotional development of the child even into adulthood. In addition, the impact of this style of parenting can also be felt in the child’s relationship with God.The Current Relationship There is a strong element of fear that pervades an authoritarian household. Much like an authoritarian government, there is compliance with rules, but the compliance is typically not out of love. Children in an authoritarian home c omply out of fear. Fear of punishment and fear of the withholding of affection drives these children to comply. In addition to fear, the child does not feel loved and accepted by their parents. Children are punished for even minor infractions. Often, these punishments do not fit the crime and are overly punitive.Even worse, the punishments often result in relationship consequences which include a withholding of love and affection from the parents to the child. As a result, the child begins to learn that they are loved and accepted for what they do, rather than for who they are. John, a high-school basketball player I met, had this type of relationship with his father. His father would come to all of his games to see him play. While a parent’s presence at a child’s games should be a source of encouragement, for John it was not. If John had a good 2Current Relationship Consequences: 1. Fear 2. Lack of love and acceptance 3. Lost opportunities for guidance game, his fathe r was like a â€Å"Chatty Kathy† doll on the way home. You could not shut him up. On the other hand, if John’s game did not go as well, there was absolute silence. His father would not speak to him. John learned quickly that there were conditions placed on him to received love. He was loved if he performed. He was not love if he did not perform. Children raised by authoritarian parents often are compliant with parental rules.Authoritarian parents point to this compliance as evidence that their style of parenting is working. However, as with many things in life, there is an opportunity cost to decisions we make. Growing up is difficult, especially in this day and age. There are many times that a child will need help and guidance as they grow. When we seek guidance, we tend to seek it from relationships where we feel loved and accepted. Since children of authoritarian homes do not experience love and acceptance from their parents, they will seek counsel from someone outs ide the home, or they may seek no counsel at all.While the authoritarian parent may be a good person who has much wisdom to offer, when it comes to the major issues of life, the children do not seek their counsel. Relationship with God Often our view of God, who Jesus taught us to call Father, is similar to our view of our earthly father. Since our earthly father is visible to us â€Å"†¦We project our and God is not, we project our image of our earthly father onto our image of our earthly heavenly Father. When children grow up with demanding authoritarian parents, they often begin to see God the same way.While father onto our they may be obedient to God, this obedience is out of fear of heavenly Father. † punishment rather than a response to acceptance. Real change in our lives comes when we feel accepted, not when we fear punishment. As a result, children who grow up with authoritarian parents often have a negative view of God. As was stated above regarding their earth ly parents, children who hold an authoritarian view of God will likely not seek to build a deep relationship with Him. We do not seek relationship with those whom we fear. Instead, like Adam and Eve, they will seek to hide from God. Future DevelopmentIn addition to the impact authoritarian parenting has on the current relationship with their parents and their relationship with God, children who grow up in this type of home often experience long-term emotional consequences. These children often have poor social skills, low self-esteem, anger and higher rates of depression and anxiety. In addition, although they may remain compliant, they can develop an overall mistrust of authority. There are many reasons why these issues may develop in children with authoritarian parents. In an authoritarian home, compliance is expected, while independence is discouraged.Because they are taught to follow rules rather than take initiative, they are more capable of following instructions than becoming leaders. They are taught what to think rather than how to think. As a result, these children remain dependent emotionally into adulthood, sometimes even living in the parental home long after what would be considered emotionally healthy. This lack of independence, both emotional and physical, can result in low self-esteem. 3 Children growing up in an authoritarian home, like growing up under an authoritarian regime, experience a loss of control over their own lives.When we come to believe that no matter what we do, we cannot gain actual control Future Consequences: of our own life, eventually a sense of helplessness ensues. This â€Å"learned helplessness† is a major component in the development of 1. Poor social skills depression. This sense of powerlessness does not leave us when we leave the authoritarian parent. Instead, this becomes a deeply 2. Low self-esteem entrenched view of ourselves that can take years to overcome and can impact all future relationships including marital and parenting relationships. 3.Anger Along with a loss of control, children who grow up with 4. Depression authoritarian parents often experience anger at how they are being treated. However, their anger is not typically allowed to be 5. Anxiety expressed. Often the expression of any form of anger in an authoritarian home results in punishment. Where does the anger go? There are typically two ways that anger gets expressed. The first is in either active or passive rebellion against the parent, or, in the future, toward any form of authority. The second way that anger gets expressed is that the child turns the anger inward toward themselves.This internalization of anger also leads to depression. One reason why in the United States there is less violence against the government than in other countries is that our country’s laws encourage and protect freedom of speech. When people feel that their thoughts and feelings have an outlet, they are less prone to resort to viole nce. When people are not free to express themselves, they will tend toward helplessness or rebellion. Finally, children who are raised by authoritarian parents often experience increased anxiety.Because â€Å"wrong† decisions result in harsh punishments, they develop what Freud would describe as an overactive superego. The superego, according to Freud, is the moral branch of personality. It develops to guide us to make right decisions and to avoid punishments. For Christians, the superego includes the Holy Spirit. However, the Holy Spirit is not our only guide to determine the rightness or wrongness of our actions. The superego also includes the internalized values of the important people and structures (like the law) of our lives.As the number of rules increase, so does the superego. Anxiety is both an internal and external manifestation of the struggle to avoid real or perceived punishment. For those with an enlarged superego, the superego acts like the boulder chasing Indi ana Jones chasing us through our lives. In upcoming articles, the three other parenting styles will be discussed along with their impact on children.  © All Rights Reserved (2010). The Center for Christian Counseling & Relationship Development, L. L. C. Pavilions at Greentree, Ste. 303, 12000 Lincoln Dr. W. , Marlton, NJ 08053. (856) 396-0111. 4

The Role Of Unions And Their Importance Has Changed Over...

The role of unions and their importance has changed over the years. A mixture of poor wages, high unemployment, non-existent benefits and insignificant professional stability amongst the more youthful era makes a ready demographic for restoration. The younger era is the slightest unionized section of our general public today by a long shot. Unions are important in today’s society because checks and balances are necessary entities in business and government, so if CEOs are just focusing on themselves and profits, unions are a necessary check to all that corporate power. Today and in the future, labor unions will continue to play an important role in our country s work force and the quality of life for working families. When unions are†¦show more content†¦Offshore countries such as China and India have very little organized labor present, so the private sector is taking advantage of this by moving their business in order to take advantage of the low cost of labour. Minimum wage is the lowest amount of money that an employer can pay an employee under labor law. The cruel irony of the minimum wage is that it harms most the very segments of our society that it is intended to help—the unskilled poor and the inexperienced young. However, the Canadian Labour Congress (2009) noted, â€Å"unionized worker earned $4.97 an hour more than a non-union worker in 2012†. That equates to roughly $10,000 more in monetary compensation relative to non-union workers. Although it varies based on sector and occupation, the union difference for workers across the board is undeniable. The unionized workers are able to live off a living wage. In addition, an expanding conversation about how to end working poverty through decent jobs points out that is to not only important to make minimum wage, but an adequate living wage. For instance, the Raise The Minimum Wage Campain noted, â€Å"The minimum wage should be set 10% above the poverty line, using the Low Income Measure†. Unionization employees that get paid above minimum wage feel more comfortable and satisfied with their job, which indicates that they are less likely to resign from their duties. With skilled workers in greater demand, their job opportunities and their

The Discovery of Transformation by Frederick Grifith in...

The discovery of transformation by Frederick Griffith in Streptococcus pneumonia has played an important role in how we are now able to introduce plasmid DNA molecules into cells. Transformation is the uptake of DNA molecules released from the donor cell by the recipient cell. It is one of the three ways bacteria are able to exchange genetic material. In Griffith’s experiment he introduced mice to two different forms of S. pneumonia, one smooth, pathogenic and encapsulated and the other rough, nonpathogenic and noncapsulated (Snustad, 193). The mice were injected with live rough strain and heat killed smooth strain. The deaths of the mice lead Griffith to conclude that some genes of the killed smooth strain were transformed to the rough strain and the bacteria became encapsulated and pathogenic, therefore leading to the death of the mice (Snustad, 193). Plasmids are small circular DNA molecules. They are not essential for survival of the host bacteria. Some carry genes that allow resistance to antibiotics (Anderson). Plasmid pUC18 is a circular DNA molecule. It contains portions of the E. coli Lac Z gene, which encodes for the first 146 amino acids of ÃŽ ² - galactosidase. E. coli contains the Lac Z gene, which encodes ÃŽ ² - galactosidase . The E. coli Lac operon digests lactose. Once E. coli is transformed with pUC18, complementation occurs. E. coli produces active ÃŽ ² –galactoidase. The active ÃŽ ² –galactoidase hydrolyzes the substrate, X gal , which is located on the agar plates.

We are Free to Be You, Me, Stupid and Dead by Roger...

From the opening sentence of the essay, â€Å"We are free to be you, me, stupid, and dead†, Roger Rosenblatt hones in on a very potent and controversial topic. He notes the fundamental truth that although humans will regularly shield themselves with the omnipresent first amendment, seldom do we enjoy having the privilege we so readily abuse be used against us. Freedom of speech has been a controversial issue throughout the world. Our ability to say whatever we want is very important to us as individuals and communities. Although freedom of speech and expression may sometimes be offensive to other people, it is still everyone’s right to express his/her opinion under the American constitution which states that â€Å"congress shall make no law†¦show more content†¦From the opening sentence, Roger Rosenblatt hones in on a very potent and controversial topic. He notes the fundamental truth that although humans will regularly shield themselves with the omnipresent first amendment, seldom do we enjoy having the privilege we so readily abuse be used against us. He offers an example in a basketball player named Mahmoud Abdul-Rauf who once refused to stand up during the national anthem. This action (or rather lack of it) was greeted with hostility as well as suspensions. The authors emotions are not made subtle, as he openly insults those who suspended him, and makes several ironic statements relating their actions and how it would have been severely frowned upon by the founding fathers. In his next paragraph, Rosenblatt chronicles the story of John Rocker, a relief pitcher who made an inflammatory and rather bigoted statement about not wishing to ride public transportation with those whom he feels are either a nuisance, or simply make him uncomfortable with their alternate lifestyles (such as â€Å"queers†). Rosenblatt notes that the courts did not interfere with their suspension as the first amendment merely grants one the right to speech, not total immunity. Rosenblatt however finds folly with this, and feels that Rocker possessed the right to spout his ignorant blather. This entire essay isShow MoreRelatedThe Drawbacks of Freedom Essay947 Words   |  4 Pagesrestrictions, which can be considered beneficial to the public. In â€Å"we are free to be you, me, stupid, and dead† by Roger Rosenb latt, he relays the disadvantages of limitless freedom. He focuses mainly on freedom of speech and the possible drawbacks to having ungoverned freedom of expression. Roger points out the public faulty rationale in the first paragraph as he says, â€Å"Everyone loves free expression as long as it isnt exercised†. Here, Roger reveals the contradiction between the people’s demand for the

Process Of Good Corporate Governance †MyAssignmenthelp.com

Questions: 1.Did the Board of Ardent Leisure recognise and manage the risk arising from this incident? 2.Assuming the Board failed to manage the risk, did the company and the directors breach Principles 7 of the ASX principles of Good Corporate Governance? What is the consequence, if any, for the company failing to comply with Principle 7? Can the ASX take any disciplinary action against the directors and company for failing to recognise and manage the risk in this instance?3.Could it be argued that the directors had breached their duty of care and diligence or is the significant financial harm suffered by the company sufficient penalty?4.After the incident did the Board review and improve the effectiveness of the companys risk management framework? Answers: 1.The concept of corporate governance denotes the way through which companies are governed by its officers and directors. According to the principles provided by the concept of corporate governance the organization must be governed by the authorities responsible for its operation in such a manner that it would be able to achieve its objective and goals in the best possible way[1]. The controlling officers namely the executives and the directors must also ensure that the organization comply with the principles of corporate social responsibility and ensure the benefits of its shareholders where the society being one of them. When a company has an appropriate policy for its governance it automatically enhances the trust which the potential and present stakeholders of the company have towards its management. Good corporate governance also enhances the confidence of the investors to make investment towards the organization. Certain recommendations have been laid down by the Australia Securities Exchange (ASX) so that the companies in organization can carry out the process of good corporate governance in an effective manner. The aims of the provided recommendation are to ensure that the organization is not only able to address its own needs but also the needs of the society. There are seven recommendations which have been provided by the ASX in relation to good corporate governance and such principles are reviewed on a periodic basis in order to eradicate the effect if any. Currently the latest version of the recommendation is the third edition which has been provided by the ASX. Particularly in relation to the seventh principle of corporate governance recommendation in relation to Risk management have been provided for the organizations. The recommendations provided various strategies which the organization may take in relation to mitigating the risk which may cause injury to the society and the company itself because of its operations[2]. The recommendations suggest that the company must have a risk mitigating committee which would have at least one independent director to identify and address risk. It is a evident fact that if the company is prone to risk and its operations affect the society its reputation will be hampered which would subsequently discourage any investor in associating with the organization[3]. According to the facts of the case it has been provided that the company Ardent Leisure Pty Ltd (Ardent) not only failed to recognize the risk but also to effectively handle its after effects. There were no measures taken by the management of the organization in relation to avoiding the harm which had been caused do to the accident which took place in their Dreamland Amusement park. The lives of four patrons were lost in relation to the accident which took place in the park. In case there was a proper risk management strategy implemented by the company such grave negligence would have been prevented. It is a fact that accidents are not under human control however the root cause of accidents in negligence. In the given situation the company was also criticized for not being able to handle properly the after accident period which caused increased hardship to the relatives of the deceased patrons. In case there was a proper risk management framework as suggested by the ASX the company w ould have been able to identify and address the risk in a proper way. 2. The ASX does not mandatorily impose any of its recommendations of the company as it realize that specific set of recommendation may not be suitable for an organization as its operations may get hampered. Therefore the organizations in Australia are provided the right to choose their own method of corporate governance in relation to their operations[4]. However the ASX have a very unique principle to ensure that the organizations are accountable towards the process of corporate governance. The policy is known as the if not why not policy. According to the policy of the ASX an organization has to show that why they are not adopting the recommendations provided by the ASX if they feel that it is not suitable for them. Through the process the regulator not only provides for scope for the organization for adopting their own principles but also making them accountable in relation to the process of corporate governance. Where a company has failed to comply with the provisions of corporate governance as recommended by the ASX they are liable to be imposed with pecuniary penalties. There is no fixed amount of penalties imposed on the organizations as they are determined through the analysis of the breach committed by them. In the recent case as related to Sino Australia Oil and Gas Limited (Company) the ASX was successful in imposing a penalty of $1000000 through the court as the organization was found to be guilty of not complying with the provisions of ASX in relation to corporate governance. In the case of Ardent it has been already discussed above that the organization has not been able to implement proper risk management strategy in relation to corporate governance[5]. It is also evident that the company could have been able to avoid the harm which had been caused to the patrons and moreover would have been able to address the period after the accident in a better way of they had implemented appr opriate and adequate risk management strategies[6]. However a careless attitude had been demonstrated by the organization towards its operations which is evident for the absence of any risk management strategies within the organization[7]. It can therefore be concluded that the reason for the death of the patrons and the hardship faced by the relatives of the diseased has resulted solely out of the negligence of the organization in relation to risk magnet strategies. The organization would also suffer losses in relation to reputation and its overall value in the society. This is solely because the organization has ignored the good governance principles and therefore not on the loss of reputation the organization would also be imposed with pecuniary penalties by the ASX for its actions. 3. According to Section 180(1) of the Corporation Act 2001[8] any director or officer who is in control of the organization as per the doctrine of Directing minds and will has the responsibility of managing the specific organization with bona fide intentions and towards its best interest[9]. The section also provides a test for determining the liabilities under this section[10]. According to the principles of the test a reasonable director is paced in the position of the director alleged to have breached the section in the same circumstances when the potential breach was committed and then analyze whether the same actions would have been committed by reasonable director or not[11]. In case it is found that the reasonable director would not have committed the action the alleged director is determined to be guilty of violating section 180(1) of the CA. in the case of AISC V Cassimites one of the issues before the court was to find out whether the extent of application of section 180(1) . In answer to such question it was provided by the court that even if the duties under the section are limited only towards the company and not the society, the duty may not only be breached because of financial losses suffered by the company but also the loss of reputation and value in relation to the society. The breach of this section under the CA provides for financial penalties by the directors personally and also may extend to a disqualification from management order under section 206A of the CA. In the given circumstances it has been provided that Ardent has already suffered various losses in relation to the accident which took place at Dreamworld. The losses are in form of financial losses suffered by the organization as the park was closed for a considerable period of time. In addition the organization had to pay compensation to the family of the deceased as well as suffer losses in relation to reputation and value in the society. In the case of AISC V LINDBERG the court ruled that if a director is found to be not acting in the best interest of the organization and therefore breach section 180(1) of the Act they would be imposed with pecuniary penalties as well as disqualification from management for a certain period. In this particular case the director who was found to be guilty of violating section 180(1) of the CA was imposed with a pecuniary penalty of $100000 along with a disqualification from management period of two years by the court. In the given issue related to Ardent if the test provided by section 180(1) of the CA is applied it would be analyzed that a reasonable director would have followed the recommendations provided by the ASX in relation to risk management and would have in place proper risk management strategies. Therefore the directors have violated the section when their actual action would have been different from that of a reasonable director. Actual harm which is although not necessary for the breach off the section has been caused to the company as it has suffered losses of value and reputation. Therefore along with the financial and goodwill losses suffered by the company the directors of Ardent are also liable for additional penalties under section 1317E and 206A of the CA. 4. It has been evident from the above discussion that Ardent did not had in place any policy or strategy to address the issue arising out of the Dreamworld accident. The highlight of the news was that the companies in relation to the post accident stage were grossly incompetent to handle the situation. It not only did not contract the relatives of the deceased but also provided untrue news in relation to the accident[12]. The company had indulged in a defensive mode throughout the post accident period trying to defend it policies and strategies which were grossly incompetent to handle the situation. Reacting to the criticism faced by the organization in relation to its strategies of risk management it has implemented certain new polices into its governance system related to the management of risks. This can also be seen as a result of the constant pressure from media. The criticism also resulted in the resignation of Deborah Thomas the CEO of the organization. In response to the inci dent the organization closed the park for a period of 45 days in order to appropriately carry on the process of inquiry. The rid which led to the fatal accident has been permanently made out of operation by the company. The company has also established a risk management committee in accordance to the corporate governance recommendations provided by the ASX. The aim of the organization is to be global brand in relation to entertainment and particularly expand its operations in the USA. In addition the company has hired risk management experts from delloitte and a former Queensland policeman to handle the situation the organization is in with respect to the accident. The stock value of the organization has also gone down considerably following the fatal incident. The organization has been subjected to damage control since the incident took place. This has led the entire company to shift its focus from its core operations towards the management of the incident. The company did not foll ow the basic rule provided by the ten commandments that in case of any accident the relatives of the affected party has to be contacted[13]. The actions which have been initiated by the organization after the accident cannot be regarded as adequate measures. The company had been focusing majorly on providing explanations for its actions rather than finding out proper measures to address the situation and to ensure any such situation does not take place in the future[14]. This action of the organization has also backfired as its stalk value have been consistently going down. Bibliography Baxt, R., and Fletcher, K.L., Fridman, S., Corporations and Associations Cases and Materials on, (Butterworths, Australia, 10th edition, 2008) Booth, Simon A.Crisis management strategy: Competition and change in modern enterprises.(1st Edition, Routledge, 2015) Ciro T, Symes C,Corporations Law in Principle LBC Thomson Reuters, (Sydney, 9th edition 2013) Fisher S, Anderson C, Dickfos, CorporationsLaw (Butterworths Tutorial Series, 4th Edition Butterworths, Sydney 2014) Harris J, Butterworths Questions and Answers Corporations Law:, (LexisNexis, 3rd Edition Sydney 2009) Harris J, Corporations Law, (LexisNexis Study Guide 1st edition 2008). Li, G, Riley, S. Applied Corporate Law: A Bilingual Approach (LexisNexis 1st Edition 2009). Parker, Clarke, Veljanovski, Posthouwer, Corporate Law, Palgrave 1st edition 2012 Tomasic, R.,Jackson, J.,Woellner, R., Corporations Law - Principles, Policy and Process (4th Edition Butterworths., Sydney, 2002). Vermeesch,R B, Lindgren, K E, Business Law of Australia (Butterworths, 12th Edition, 2011). zpatrick, Symes, Veljanovski, Parker, Business and Corporations Law; (LexisNexis 3rd edition 2017) ASIC v Matiner Corp [2015] 327 ALR 95 at [144] Australian Securities and Investment Commission (ASIC) v Cassimatis [2015] NSWSC 1744 Journals Pearson, Gail, Failure in corporate governance: financial planning and greed (2016) 13(2) Handbook on Corporate Governance in Financial Institutions 185. Legislations Corporation Act 2001 (Cth) DreamworldS Parent Ardent Leisure Is In Damage Control (2017) NewsComAu https://www.news.com.au/finance/business/other-industries/dreamworld-parent-company-ardent-leisure-in-crisis-after-fatal-theme-park-accident/news-story/00c3d7a283c19e05427f273bb3a44e39 The Guardian. (2017) https://www.theguardian.com World Australia Dreamworld.