Negotiation skill Essay Example | Topics and Well Written Essays - 3000 words

Negotiation skill - Essay Example The events that unfold in the incident begins in 1976 when Thomas K Seligman, the then curator-in-charge of Africa, Oceania, and the Americas for the museum, is informed about the bequeathing. He is shown Mr Wagner’s handwritten will stated that the deceased ‘hoped’ that the museum would pay all costs for settling his estate in return for the priceless murals. Mr Seligman is informed the museum’s lawyer said that this would give rise to certain ethical and legal problems with Mexico, the original source of the murals. A temporary solution was arrived at when Crocker Bank who was in charge of the assets of Mr Wagner and the other legatees agreed that the murals may be kept in the museum until a more permanent solution was arrived at. What follows next is an example of successful international negotiation that was to last for the next ten years. The problem referred to by the lawyer came about because in 1972, four years before the incident, the UNESCO had passed the â€Å"Convention on the. Means of Prohibiting and Preventing the Illicit Import, Export, and Transfer of Ownership of Cultural Property." Its implications were relevant here because it was not sure whether the murals had been on American soil with the permission of the Mexican Government. This was further complicated by a treaty between the Mexican and US Governments called the â€Å"Treaty of Cooperation Providing for the Recovery and Return of Stolen Archaeological, Historical and Cultural Properties between the United States of America and the United Mexican States." The treaty gives special mention to wall art and there is no doubt as to the fact that murals are classified as wall art. Lengthy discussions were done with historians, other museum s and lawyers followed and what ultimately became clear was that no relevant precedents existed. One related incident involved a bronze of Nataraja that once belonged to a temple in South India

Contemporary Issues in Accounting Research Essay

Contemporary Issues in Accounting Research - Essay Example Defenders of financial reporting, on the other hand, said that the accounting standards did not cause the crisis; instead, bad credit management and illiquidity were the primary suspects for the financial crisis. Ignoring everything else, did financial reporting really cause the crisis? Or was it just a convenient scapegoat for those who really caused the crisis? This paper attempts to answer whether or not financial reporting really caused the financial crisis, in part or in whole. Defined by BusinessDictionary.com as a â€Å"period of general economic decline†, the world has seen higher unemployment rates, sluggish wages and decline in sales in the retail industry because of this financial recession. It also started a widespread blame game as to what or who caused the crisis. In a poll conducted by Time Magazine, there are said to be 25 people to blame for the crisis, including former US presidents, government officials, regulators, heads of financial institutions and even, the American consumers. In a March 31, 2009 article by MarketWatch.com, 80% of those who responded on the survey conducted by MarketWatch said the blame should be â€Å"on banks and other financial institutions†. Other people says that â€Å"economists must bear blame for recession† (Skidelsky, April 25, 2009) because of their push for deregulation and free market. Still others blame accounting rules; particularly the â€Å"mark-to-market accounting† (Kestenbaum , Oct. 29, 2008) rule, which when applied to the financial statements caused the financial position of the company to go down. Is financial reporting the reason behind the current financial crisis or the global financial recession? The straight answer from this writer is NO, financial reporting did not cause the crisis. However, to give weight to both sides, the following is a brief discussion on why experts think financial reporting is or is not to blame for the