English Research Paper Example | Topics and Well Written Essays - 750 words

English - Research Paper Example that there is a way to be good again, there is a way to redeem himself of his past misdeeds, and there is a way to atone for his past sins (Housseini, 2005; Hayes, 2003). Amir grows up in a country full of prejudice, injustice, wars and conflicts, and without a mother. He is therefore eager to please his father, make him proud of him, and show him that he has what it takes to be a competent member of society one day. But Amir is portrayed as a child who lacks some qualities like courage, conviction, daring. He is quite fearful, perhaps even gentle and timid, preferring not to get into trouble, to stay out of harms way. When he is approached, teased or attacked, and his best friend Hassan, the son of his fathers longtime servant and good friend, jumps in to save him and suffer the consequences- Amir is ashamed of himself, of his inability to step in and help the fight, help his friend Hassan. Hassan steps in to save Amir each time, and Amir cowers and doesnt participate in these fights. This is seen at its worst when Hassan runs all over town to bring Amir a kite and is caught by some taunting kids he and Amir know. One of them decides to punish him a nd brutally rapes him, as Amir is standing at the background, listening and doing nothing. As Hassan leaves the street later, his eyes encounter Amirs, as he leaves behind a trail of blood. His eyes are filled with disappointment, sadness, but he does not say anything or blame Amir (Stagnetto, 2008). Amir is therefore so full of guilt, remorse, shame that he cannot bear being around Hassan anymore. Hassan has always stood up to him, and has now paid the ultimate price for this. After the terrible incident, Hassan is not the same child again. He refrains from being in contact with others, just does his chores and returns to sleep in his bed, and becomes an unhappy, detached child. Amir is so guilt ridden that he plans for Hassan to be accused of theft, and as a result Ali and Hassan leave the house. Hassan knows once

Private Equity and Venture Capital Journal Review Essay

Private Equity and Venture Capital Journal Review - Essay Example cal analysis of the study of Brav and Gompers (1997) who tried to identify the underperformance of Initial Public Offerings using financial data from venture and non-venture firms. In fact approximately 934 venture-backed IPOs and 3,407 non – venture backed IPOs were used for the completion of the relevant study. The period to which these data refer should be characterized as sufficient – if taking into consideration the fact that data for the years 1972-1992 have been used in the relevant research. Through this research Brav et al. (1997) came to the following conclusions: ‘venture-backed IPOs outperform non-venture - backed IPOs using equal weighted returns; value weighting significantly reduces performance differences and substantially reduces underperformance for non-venture-backed IPO’ (Brav et al., 1997, 1791). In other words, the underperformance of IPOs is depended primarily on the form/ type of IPOs; venture backed IPOs are less like to underperfor m if compared with the non-venture – backed IPOs. The specific issue has been analyzed by Brav et al. (1997) using a wide range of views from existed literature. At a first level the above researchers refer to the study of Ritter (1991) and Loughran et al. (1995) highlighting ‘the severe underperformance of initial public offerings (IPOs) during the past twenty years; investors may systematically be too optimistic about the prospects of firms that are issuing equity for the first time’ (Brav et al., 1997, 1791). The studies of Ritter and Loughran et al. can be used in order to present the possible prospects for IPOs in modern market. Other studies used by Brav et al. (1997, 1791) can be used in order to identify the key concepts related with the behaviour of IPOs (referring to their financial performance within a specific period of time). The views of other researchers like Lee et al. (1991), Gompers (1995), Hoshi et al. (1991) and Fazzari et al. (1988) have been used in order to support the