Corporate Finance Over The Last Research Paper

Length: 11 pages Sources: 5 Subject: Military Type: Research Paper Paper: #29276787 Related Topics: Corporate Crime, Corporate Strategy, Personal Finance, Bp Oil Spill
Excerpt from Research Paper :

To include: Rangers, Special Forces, Delta Force, Special Air Service, Special Boat Service and Navy SEALs. (Dunnigan, 2010) As a result, many people within the U.S. military and the government will often discuss the valuable services that these companies are providing. Where, private security contractors can bring a wide range of experience with them, in dealing with a host of possible security challenges that could be faced within a theater of operations.

However, the main reason why both government and military personal have such favorable views of private security contractors, is because they are professionals and are effective at achieving their objectives. What is happening, is the personnel that private security firms can introduce to a conflict, can help prevent a situation from going to bad to worse. Where, a possible insurgent or terrorist attack that could send most people running; will cause these individuals to remain at their positions. What makes the private security companies so respected; is that they do not back down in face of adversity or challenges. Instead, they will maintain their positions and will continue to secure the perimeter in the face of numerically superior odds. This is important, because one of the biggest challenges that U.S. forces have been facing, is encouraging the military and police units that they are training to engage the enemy. When the private security companies can be able to maintain their positions and will secure the perimeter no matter what, this improves security on the ground. Where, the insurgents or terrorists can not use a small attack, as a way to create instability. A good example of this occurred in Al Kut (during 2003) and Najaf (during 2004). What happened was, private security contractors would come under heavy fire during insurgent attacks on their bases. To prevent the enemy from gaining control, the expertise of these contractors, would help them to fend off several different waves of possible enemy attacks. Given the proximity of where both incidents occurred (the Sunni Triangle), this would serve as a litmus test for gauging the resolve and strength of private security contractors. (Dunnigan, 2010) At which point, these styles of attacks would become less, as the professionalism and knowledge would show, how cunning private security firms are dealing with host of security situations. As a result, a number of military and government officials describe the services that these companies are providing as valuable. Evidence of this can be seen with a survey that was conducted by Rand. Where, they found that 62% of military personnel and 75% of diplomats; describe the various services that are being provided by these companies as valuable. (Dunnigan, 2010) This is significant, because it shows that in certain aspects, private security contractors are not fleecing the tax payer. Instead, they are providing a service that is helping to protect government officials and military personnel from a variety of attacks. Therefore, one could effectively argue that private security contractors are serving their intended purposes. Where, they are using their different skills and tactics, to achieve this objective as effectively as possible.

However, the fact that many private security contractors have a certain amount of impunity means that their actions cause those of the government and the military to be viewed in a negative light. A good example of this can be seen with, a 2006 GAO study which said, "These companies are profiting at the expense of the tax payers. The perception that DOD and other government agencies are deploying [private security contractors] who abuse and mistreat people can fan anti-American sentiment and strengthen insurgents, even when no abuses are taking place." (Whitelaw, 2010) This is important, because it shows how the use of private security contractors can cause the civilian government's efforts to defeat the Taliban). This is important, because it shows how the actions of American contractors are helping to increase the negative perceptions of government and organizations that are using them. Where, they are seen as nothing more than the mercenaries who will shoot and kill innocent people, without cause. ("Afghanistan Private Security Contractors Banned," 2010)

What all of this shows, is that private security companies do provide a significant benefits to tax payers. As they help to protect important government officials and they are securing vital military / private interests. Yet, the aggressive nature of these companies and the shoot first ask questions later type of attitude, is making the situation worse. Where, these organizations are viewed as nothing more than roving hit squads. Over the course of time, this can eat away at the government's effort to win the hearts and minds of the population. As this is causing many people to be see private security contractors, as no better than the terrorists. Once this occurs, it can cause the security challenges inside a country to become more difficult. In many ways, one could argue that the complicated arrangement is what makes this issue so challenging, with these companies known for providing highly trained services. Yet, the way some of these different tactics are applied and how they achieve their mission, can make the situation worse. As a result, private security companies are a benefit to the tax payers, by helping them achieve various security objectives. Yet, they are also a burden as their actions can cause the costs to increase, with helping, to push people, to join the insurgency or terrorist organizations.

The possible roles that these organizations will play in the future

When you look at the overall role that these organizations will play in the future, it is clear that they will have an increasingly important part, in helping to support and augment the mission of various government / corporate interests. What is happening is the reduction of U.S. forces in Iraq and Afghanistan has been causing, the overall number of private security contractors to increase. This is because roles and duties of private security contractors are changing, as they are required to play an increasingly important part in security operations overseas. With more providing security and addressing various duties, that were once limited to military personnel. According to Steve Schooner, a professor of Government Contracting at George Washington University Law School, the risks of war are shifting to private contractors, as the number of deaths has been continually rising. This because the troop draw downs are creating shift in the security situation, as the military is turning over a number of responsibilities to private contractors. At which point, the number of private security contractor deaths and casualties will begin to consistently increase. Evidence of this can be seen by looking no further than U.S. contractor deaths, as they have begun to climb by 25% over the last few years. This is because, a shift is occurring in the number of contractors that are exposed to a variety of hostile situations in these countries. Commenting about what was occurring Schooner said, "It's extremely likely that a generation ago, each one of these contractors' deaths would have been a military death. As troop deaths have fallen, contractor deaths have risen. It's not a pretty picture." This is significant, because it shows the changing roles that are occurring in the private security industry. Where, an increasing number of governments and corporations are relying on their services to augment changes in the security situation. As a result, one can infer that the future of private…

Sources Used in Documents:


Afghanistan Private Security Contractors Banned. (2010). Security Technology News International. Retrieved from:

PMC's. (n.d.). Private Military. Retrieved from:

Crofford, C. (2006). Private Security Contactors on the Battlefield. U.S. Army War College. Carlisle Barracks, PA: U.S. Army War College.

Dunnigan, M. (2010). Considerations for the Use of Private Security Contractors. Testimony the Committee on War Time Contracting. Washington D.C.
Miller, C. (2010). Contractor Deaths Exceed Military. Pro-Publica. Retrieved from:
Rawnesely, A. (2010). BP Hire Mercs. Wired. Retrieved from:
Miller, C. (2010). Contractor Deaths Exceed Military. Pro-Publica. Retrieved from:
Whitelaw, K. (2010). The Use of Private Security Grows. NPR. Retrieved from:

Cite this Document:

"Corporate Finance Over The Last" (2010, September 30) Retrieved May 28, 2022, from

"Corporate Finance Over The Last" 30 September 2010. Web.28 May. 2022. <>

"Corporate Finance Over The Last", 30 September 2010, Accessed.28 May. 2022,

Related Documents
Corporate Finance East Coast Yachts I My
Words: 702 Length: 3 Pages Topic: Business Paper #: 26707505

Corporate Finance East Coast Yachts I My time horizon is long-run. I would want a diversified portfolio, but can afford to take the risk of equities. So the first decision is to go with 100% equities. I am not interested in company stock at the moment, because I want a diversified portfolio and I only want liquid securities with values set by the market. The company stock does not meet those criteria. In

Corporate Finance: Jaedan Industries
Words: 547 Length: 2 Pages Topic: Economics Paper #: 69348198

Corporate Finance Ratio Liquidity Ratios Current ratio Activity Ratios Inventory turnover Total asset turnover Debt ratios Debt ratio Debt-to-equity ratio Profitability ratios Return on common equity Return on total assets DuPont Analysis The DuPont equation, according to Besley and Brigham (), can be captured as follows: ROE = Net Profit Margin * Total Assets Turnover In a tabular form, this would be: Net profit margin Total assets turnover ROE The current ratios of Jaedan Industries do not differ significantly from the industry ratios for the two years under consideration.

Corporate Finance Sunrise Industries How
Words: 951 Length: 3 Pages Topic: Economics Paper #: 61451689

Moran's retirement annuity would be in perpetuity, with all other terms as equal (Ceteris Paribus), this is to mean that there is not a 20-year period till maturity. Additionally, as there is not a 20-year distribution period, the company will move the funds over to another interest bearing account at 12% yet not expect to have an account balance of $0 at the end of the term. Generally speaking, actuaries

Corporate Finance in Its Very
Words: 2316 Length: 8 Pages Topic: Economics Paper #: 15495587

The curve describing this relationship between risk and return is a hyperbole connecting one and the other. Logically and economically, this also makes sense: if the investor is willing to assume more risks, he is also likely to potentially discover more alternatives and solutions in which to invest his money and open his investment to a greater impact from the market, in a positive sense. Additionally, spending more money on

Corporate Finance Corporate Governance and
Words: 4499 Length: 14 Pages Topic: Business Paper #: 18819564

Or that he is to make expenses on dropping pollution outside the quantity that is in the best welfare of the business or that is mandatory by law in order to add to the social objective of improving the atmosphere (Friedman, 1970). Corporate culture has been established as an administration tool. Corporate culture can aid to attain corporate objectives comprising profit enlargement. Advocates of corporate culture as a tool propose

Corporate Finance Project Wal-Mart Is
Words: 3222 Length: 10 Pages Topic: Business Paper #: 25895193

This is a particularly useful metric for retailers, because the fixed assets are typically the stores and land. The greater the degree to which the retailer can convert the stores and land to sales, the implication is that the retailer is a superior merchandiser. For Wal-Mart, the sales/net fixed assets ratio is 3.25. The RMA for this metric holds that 7.3 is "worst." This indicates that Wal-Mart is doing