Tuesday, February 25, 2020

United States Green Building Council Essay Example | Topics and Well Written Essays - 1250 words - 1

United States Green Building Council - Essay Example The researcher aims to provide an analysis on the topic of green building aspects, that can be traced back to the 19th century. Various architects are seen to have used variuos methods to decrease the impact of structure on the environment. Such systems and methods include ventilators and underground air-cooling chambers in order to regulate air temperature. In the 20th century buildings like New York times and Flatron Building used deep-set windows in controlling interior temperatures, these were effective and lessened the impact of the building on the environment. The USGBC, that is a main focus of this analysis was co-founded in 1993 by Mike Italiano, David Gottfried and Rick Fedrizzi in order to promote the design and construction of buildings that are environmentally responsible, profitable, and healthy places to live and work in. the goals of USBC are well articulated in its mission statement. The researcher also aims to describe Leadership in Energy and Environmental Design (L EED), that can be described as a system for designing, constructing and certifying green buildings, homes and neighborhoods. It has a classification system that rate buildings depending on the number of points that a building scores on this scale. The researcher then concluds that today, LEED is used by a number of people including professionals such as architects, real estate professionals, property managers, interior designers, Landscape architects, construction managers, lenders and government officials.

Saturday, February 8, 2020

Executive Compensation and WorldCom Essay Example | Topics and Well Written Essays - 1000 words

Executive Compensation and WorldCom - Essay Example His strategy, however, failed, and the company’s expenses increased as a percentage of total revenue occasioned by a drop in growth of earning. By falsifying WorldCom’s accounting numbers, he hid the operating expenses and instead presented them as long-term capital investments, effectively but falsely showing increased assets. However, concerns arose when AT&T, the then leading telecommunication company, was posting loses yet WorldCom was seemed to be thriving, which led to internal audits that, in turn, led to revelations that accounting standards had not been followed. Eventually, the company filed for bankruptcy. Feeling unsatisfied with the low profit margins the telecommunication was comfortable with in the 1990s, CEO Bernard Ebbers of WorldCom, which was the second most successful telecommunication company then, acquired more than 60 small telecommunication companies between 1995 and 2000. After venturing into the internet and data business, by 2000 WorldCom was handling not only half of the internet traffic in the United States, but also half of the world’s total emails. In 2001, it owned a third of the United States’ data cables. From this description, WorldCom was by all accounts a telecommunication giant, only second to AT&T as a long-distance carrier. However, as has been the tradition with executive compensation and remuneration for many years, executives also earn more when the companies perform better (Neokleous, 2013). Bernard Ebbers, therefore, not only made profit for WorldCom’s shareholders and owners, his personal wealth was also growing. Yet, when the in dustry started experiencing business declines, the company was also affected and the price of its stocks dropped, reducing profits. Ebbers used unscrupulous means to show that the company was indeed making profits and, as a direct consequence, ensure his executive compensation (Jeter, 2003). This paper will