The Devolution of Greek Economy Dissertation Example | Topics and Well Written Essays - 5000 words

The Devolution of Greek Economy - Dissertation Example The humans have managed to evolve by thinking of new and different things. The ability to innovate had always helped the sons and daughters of Adam to get out of the caves that remained their home for centuries. The human race with the passage of time learned the art and science of building homes and sowing seeds. These activities have assisted the mankind in moving in the direction of industrialization. The industrialization is a trend and is also a force that caused the needs of the masses to be fulfilled over a period of long tenure. The scientific development and growth is done in order to facilitate the achievement of industrialists’ objectives and goals (Oakey, 60). The economy is always known to be controlled by the local corporate sector of the country. There are two significant powers in the world. The first one is called the power of entropy that forces any system to disintegrate over the years and the other one is the strength of evolution that with the help of huma n effort makes things better and better (Peck, 115). The scientific development and the growth in every other field are repeatedly attributed to the people who dared to think differently (Baron and Tang, 55). The different and unique people have always been defined by the ability to see the world in a different way and method. The evolution has its roots in the ability and power of the people who are blessed with the tendency to see, observe and think. The quality of life on the other hand, is directly related with the local entrepreneur’s ability to translate new product and business ideas into commercialized corporate offerings. The offerings are also not the end in themselves but they have to be made better in order to overcome the traditional power of entropy and disintegration. The disintegration is created by the nature itself in order to keep the humans attempting to evolve and inspire. The economic growth is always caused by the force of inspiration that makes people to think and try to become more than what they are in their current state (Fuglsang, Sundbo and Sorensen, 663). The leaders are famous for playing their due hand in the process of evolution as they are primarily responsible for giving direction and purpose to people. The governments are supposed to provide the services of leadership by fueling the process of development and evolution. The Chios Island is the fifth biggest one in the country of Greece and it has a population of 55,000 but the area remained much neglected in the past as the shipping served the country as a major industry in the past years. However, the tide is turning and Chios Island is finally getting all the attention it needed because it is becoming an agricultural hub of the region. The immigrants are building their homes in the Island so that they can take care of the fields while, keeping their families in the newly developing residential areas. Research Question Following is the research questions of the study : - Q.1 Would economic crisis in Greece, be the motive in rehabilitation of abandoned rural areas and its settlements? Significance of the Study The importance, value and significance of the study exist because it is going to discuss the effects of growing population in the rural areas of

Impact of Capital Structure on Financial Performance of Real Estate Essay

Impact of Capital Structure on Financial Performance of Real Estate Firms Listed In Chinese Stock Exchange - Essay Example Since the real estate industry is capital intensive, a firm’s capital structure greatly impacts on its financial performance. Capital structures dictate the financial ratios of these companies and subsequently these ratios are used to determine a firm’s performance. In addition, the capital structure of these real estate firms also determines the extent of ownership by different shareholders. The study determined that the profitability and the debt levels of the twenty selected firms have an inverse relationship. It can as well be concluded that the capital structure affects the growth rate of these firms. This means that real estate firms in China that post high profits in their financial statements have financial debts that are lower that the industry’s average. In this regard, managements of real estate firms in China prefer capital structures that attract low costs of debt and will have minimal adverse effect on the firms’ performance in terms of profi tability and capitalization. According to the results of the analysis, high debt means high interest payments and this has a direct effect on the firms’ profitability and subsequently the firms’ Earnings per Share. The major factor that influenced capital structures of the twenty firms under this study is that the real industry shifted to the Chinese capital market for capital sourcing since privatization of state owned corporations. This study used an inductive approach on the twenty selected listed real estate companies in the methodology section. The quantitative methods objectively determine the impact of capital structure on the performance of the 20 selected and listed real estate firms. The reason for was because listed firms are regulated and they represent the best samples that would give reliable results for this study. However, the study would have given better results if a larger sample was used for this study and more time allocated for analysis. These