J.P. Morgaqn Case Essay Example | Topics and Well Written Essays - 750 words

J.P. Morgaqn Case - Essay Example Company’s fundamentals are reflected through share price and in such a scenario, comments and recommendation of a well known analyst can severely affect the share price movement of a company temporarily. Therefore, analysts enjoy considerable amount of independence while making recommendation. However, analyst independence can be reduced by specific company policies. If a company and the client require the notifications of recommendations in advance, it would not help the analyst to make independent decisions. The analyst has to clearly justify his recommendations in such cases. Analysts’ independence is compromised when a buy recommendation is maintained even if stock price is falling. Analysts sometimes recommend investing in tech stocks and the broader stock market. These analysts do not lack independence while making recommendations (C. Y. Chen & P. F .Chen, 2009). Peter Houghton’s memo proposes that the analysts should clearly give justifications for their recommendations. The memo is designed as a global policy that has to be followed by the bank. The memo reduces analysts’ independence to some extent. The memo contains an official order or proclamation which raises question about independence of analysts. The memo recapitulates a policy which has always been followed. The practices reflected in the memo are considered to be common in the industry. The policies are restated to guide analysts who are new to the company. So the company justifies itself by emphasizing that analyst only need to make changes supported by facts (Khurana, Pereira & Raman, 2003). The aspect of the capital market which is concerned with the promotion, sale and analysis of shares is known as the sell side. Sell side analysts work on the undertakings that would enable the buy side to avail the financial products. The Wall Street considers various types of sell side individuals. It includes investment bankers who act as intermediaries between the public

Ray's Cleaning Services Paper Research Example | Topics and Well Written Essays - 3750 words

Ray's Cleaning Services - Research Paper Example This is a major planning strategy that will ensure the company meets its objectives. In our efforts to ensure all the employees have the necessary academic qualifications and skills, Ray’s Cleaning Services will undertake personal profile, discussion with former employers and job observation as the major evaluation techniques. Another notable strategy that Ray’s Cleaning Services will emulate is financial planning. This will entail initiating a competitive payment plan that will improve the performance of our employees. In its recruitment program, Ray’s Cleaning Services will undertake internal as well as external hiring. Additionally, the business is considering cultural diversity of its workers as a way of enhancing positive relationship among the employees. An online account is another strategy that the company will employ to ensure constant communication with the applicants. Major employment documents that will be retained by the company include Form W-4, For m 1-9 and Specific employee’s records. To ensure that our business complies with government regulations, Ray’s Cleaning Services will emulate key laws that include business license, letter of registration, collective labor laws, Occupational Safety and Health Administration, Environment rules and individual labor laws. It its efforts to improve the performance of workforce, Ray’s Cleaning Services will offer a number of benefits that includes annual training programs, life insurance cover, accidents cover, part-time courses in local universities, annual bonus, gifts and promotion among others. The challenges facing local and international companies has called for effective planning including hiring qualified and skilled manpower in order to ensure continuity in the production process. One of the major causes of increased rate of turnover is reduced level of motivation due to low salaries and lack of appropriate benefit plan. Additionally,