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- Title
- RECESSION TO DEPRESSION: A CRITICAL DISAMBIGUATION OF THE 2007/2008 FINANCIAL CRISIS AND A MODEL FOR NEW AGE SECURITIES REGULATION.
- Creator
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Walters, Christian, Milon, Abby, University of Central Florida
- Abstract / Description
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During the late 2000s the United States economy was faced with the most traumatic event in United States financial history since the Great Depression. Large multibillion dollar corporations collapsed, families lost their life savings, and the United States economy stood on a precipice for total destruction. In the wake of the Financial Crisis, investment firms such as Merrill Lynch collapsed and their portfolios were sold to competitors for far lower than their estimated value (Sorkin). In...
Show moreDuring the late 2000s the United States economy was faced with the most traumatic event in United States financial history since the Great Depression. Large multibillion dollar corporations collapsed, families lost their life savings, and the United States economy stood on a precipice for total destruction. In the wake of the Financial Crisis, investment firms such as Merrill Lynch collapsed and their portfolios were sold to competitors for far lower than their estimated value (Sorkin). In 2008, the Financial Crisis impacted the working man the most. With foreclosures on the rise, an estimated 81.2% increase from the year before, average citizens lost their homes, savings and certainty in the United States Government to protect their best interests (Armour). One of the hardest hit states, Nevada, saw a total foreclosure rate of about 7.3% which was an increase from the previous year of a staggering 125.7% (Armour). All these foreclosures rippled throughout the U.S housing market and made it nigh impossible for the banks securing the loans to collect upon the principle amount loaned, yet alone the interest. The shock from the United States financial sector echoed throughout the world. Correlating with the Financial Crisis, United States and global suicide rates were on the rise. According to a 2009 Article published by the British Medical Journal, United States suicide rates in men age 45-64 increased by over 6.4% of the expected trend ("Male Suicide Rate Rose during 2008 Global Economic Crisis, Says Time-Trend Study"). The Financial Crisis made it so that average individuals felt increased economic strain and an ever looming sense of disparagement. This is an examination and evaluation of the perhaps one of the greatest schemes in the history of global financial markets; this is a critical analysis of how greed, power and a lack of moral decency reshaped the world. This is an examination of how, in an age of deregulation, the powerful seemingly take precedence over the masses. This is the Story of the 2007/2008 Recession, of what has been done, of what we need to do, and of moving forward to assign blame and punishment to those responsible for the pain and suffering incurred by so many.
Show less - Date Issued
- 2015
- Identifier
- CFH0004817, ucf:45474
- Format
- Document (PDF)
- PURL
- http://purl.flvc.org/ucf/fd/CFH0004817
- Title
- Three Studies of Stakeholder Influence in the Formation and Management of Tax Policies.
- Creator
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Chen, Jason, Roberts, Robin, Schmitt, Donna, Robb, Sean, Patten, Dennis, University of Central Florida
- Abstract / Description
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This dissertation consists of three separate but interrelated studies examining the formation and management of tax policies. The first study uses stakeholder theory (ST) to investigate the strategic management practices of the Transport for London (TfL) during discrete stages in the adoption, implementation, and amendments of the tax policy reform known as the London Congestion Charge (LCC). Results indicate that TfL has utilized power, legitimacy, and urgency as its main policy management...
Show moreThis dissertation consists of three separate but interrelated studies examining the formation and management of tax policies. The first study uses stakeholder theory (ST) to investigate the strategic management practices of the Transport for London (TfL) during discrete stages in the adoption, implementation, and amendments of the tax policy reform known as the London Congestion Charge (LCC). Results indicate that TfL has utilized power, legitimacy, and urgency as its main policy management tactics with a significant emphasis on legitimatizing the LCC and its subsequent policy amendments.The second study draws on social exchange theory (SET) to reexamine the relationship between corporations and legislators during tax policy processes. Data for the study come from publicly available political action committee (PAC) contribution activities surrounding the Energy Independence and Security Act of 2007 (EISA07). By examining the endogeneity between legislators' voting patterns and PAC contributions by corporations, this study aims to refine empirical work on corporate political strategy, especially as it relates to crucial tax provisions embedded within an intensely debated policy proposal. Using simultaneous equations modeling (SEM), results are consistent with SET showing that an implicit and reciprocal relationship exists between corporations and legislators. This relationship affects the interdependence of how legislators vote for public policies and the amount of corporations' financial contributions to legislators.The third study investigates and aims to validate the empirical applicability of Dahan's (2005) typology of political resources in explicating the political interactions between stakeholder groups and legislators in the development of EISA07. I discuss how and why the mode of operations and various political resources employed by stakeholder groups affected the final EISA07 language concerning domestic production deduction tax credits for the oil and gas industry. Publicly available data show that both supporting and opposing stakeholder groups employ tactics consistent with Dahan's (2005) typology. However, both stakeholder groups tend to use an interactive or positive political approach to gain access and favor of legislators instead of an adversarial approach. Ultimately, the tax credits were preserved. Taken as a whole, the three studies advance the tax and public policy research literature in accounting by studying how and why relevant stakeholders affect the formation and ongoing management of public and tax policies.
Show less - Date Issued
- 2012
- Identifier
- CFE0004343, ucf:49423
- Format
- Document (PDF)
- PURL
- http://purl.flvc.org/ucf/fd/CFE0004343
- Title
- A CORRELATIONAL STUDY BETWEEN THE AMOUNT OF PROPERTY WEALTH BEHIND EACH STUDENT ATTENDING FLORIDA DISTRICT SCHOOLS AND THE ACADEMIC PROFICIENCY AMONG 5TH GRADE WHITE, BLACK, AND HISPANIC STUDENTS IN READING WITHIN THE 67 COUNTIES OF FLORIDA.
- Creator
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Saenz, Willie, Doherty, Walter, University of Central Florida
- Abstract / Description
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As the concern for standardized testing continues to rise, so to does the concern for providing students with an appropriate and equal educational opportunity. The goal of this research was to investigate relevant data to determine if there is a relationship between the wealth behind each student and the academic proficiency amongst 5th grade white, black, and Hispanic students within the 67 counties of Florida. The desired outcome of this study was to produce information relevant to...
Show moreAs the concern for standardized testing continues to rise, so to does the concern for providing students with an appropriate and equal educational opportunity. The goal of this research was to investigate relevant data to determine if there is a relationship between the wealth behind each student and the academic proficiency amongst 5th grade white, black, and Hispanic students within the 67 counties of Florida. The desired outcome of this study was to produce information relevant to political leaders, educational leaders, and teachers in Florida public school districts with influential strategies necessary to increase the proportion of 5th grade students achieving academic proficiency. The review of literature and analysis of the data gathered from the Florida Department of Education for the school year 2006-2007 and the Florida Department of Revenue, 2007 revealed the following findings: (1) there is a statistically significant correlation between reading scores among white and black students in grade 5 as measured by the FCAT and the wealth behind each student within the state of Florida; (2) there is no statistically significant correlation between reading scores among Hispanic students in grade 5 as measured by the FCAT and the wealth behind each student within the state of Florida. In other words, as school districts are deemed more wealthy, white and black students in grade 5 tend to do better in reading than their white and black counterparts in poorer districts. In contrast, Hispanic students in wealthy school districts do not do better in reading than their Hispanic counterparts in poor districts.
Show less - Date Issued
- 2010
- Identifier
- CFE0002980, ucf:47982
- Format
- Document (PDF)
- PURL
- http://purl.flvc.org/ucf/fd/CFE0002980
- Title
- A CONTACT ANALYSIS OF CALDECOTT MEDAL AND HONOR BOOKS FROM 2001-2011: EXAMINING GENDER ISSUES AND EQUITY IN 21ST CENTURY CHILDREN'S PICTURE BOOKS.
- Creator
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Yello, Nicole, Hoffman, Ph.D., Elizabeth S., University of Central Florida
- Abstract / Description
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An abundance of research has been conducted about the importance of including books and literature as part of a young child's developmental process. Much of this research suggests that picture books are vital to a young child's healthy development and "are important influences that shape us by reflecting the politics and values of our society". This study was completed to analyze character roles and gender representation of male and female characters exclusively in children's picture books....
Show moreAn abundance of research has been conducted about the importance of including books and literature as part of a young child's developmental process. Much of this research suggests that picture books are vital to a young child's healthy development and "are important influences that shape us by reflecting the politics and values of our society". This study was completed to analyze character roles and gender representation of male and female characters exclusively in children's picture books. The entire population of Caldecott Award and Honor Medal books published between 2001 and 2011 was utilized for a frequency analysis. Each Caldecott Award and Honor Medal book meeting this study's criteria was examined, read and analyzed. Books included only works of fiction and were delimited to exclude biographies, autobiographies, informational books, concept books and poetry. A total of 24 books were used in the data analysis. This research attempted to answer the following question: Are males and females equitably represented in recently published children's literature? From a content-analysis approach, within a historical perspective, this research aimed at examining if gender bias still dominates the literature, and if so, to what extent. The intellectual interest of this project is in discovering male and female presence and imagery in children's picture books.
Show less - Date Issued
- 2012
- Identifier
- CFH0004186, ucf:44840
- Format
- Document (PDF)
- PURL
- http://purl.flvc.org/ucf/fd/CFH0004186
