ISSUES IN PROFESSIONAL NURSING PRACTICE Assignment

ISSUES IN PROFESSIONAL NURSING PRACTICE - Assignment Example The achievement of professional nurse autonomy is one of the major milestones that had influenced the development of nursing profession and practice. Holland (1999) defines professional nurse autonomy as the nurse perceived latitude or willingness to act as a responsible professional, independent from medical profession but interdependent to allied-health professions (p. 311). The traditional view of professional autonomy differs among gender. It had been evident during the time of Nightingale and the Crimean War where medical professionals rejected at first the offer of Florence Nightingale to help because of gender and professional prejudices. Male has been viewed as the dominant gender and doctors were superior to the nurses, limiting suggestions and decisions made by a nurse. Physicians viewed that collaborative care was only between physicians and clients and nurses are treated like servantsthan a powerful healer. But urgency of the circumstances had led the physician to accept the help of Florence Nightingale and 38 other nurses. Through Nightingale’s help, it was not only professional recognition of female nurses that has been achieved but the formal nursing education programs, reorganization, and advancement of professional nursing (Cherry & Jacob, 2011, 10). In addition, nurses were often oppressed and salaries were not sufficient during t he 1970s thus, nurses strive for economic stability and to the methods and ideals of science to gain professional recognition, equality, status, and rightful acceptance not only from the medical professions but also from the general public. Nursing has evolved from an indistinct, gender-biased, and physician-dependent profession to a notable field with independent nurse practitioners, both male and female in the health care arena. The struggles made by Nightingale addressed the need for nursing to be established as a profession, free from gender discrimination and separate

Corporate Finance Essay Example | Topics and Well Written Essays - 1500 words - 3

Corporate Finance - Essay Example The alternative to the CAPM has been proposed by Ross in 1976. CAPM fails to deliver the desired outcome due to its impractical assumptions. For example, it has been assumed that all the investors share the same kind of information and possess the same amount of information. It may not be feasible in the real market scenario. Moreover, Fama and French (2006) argued that identifying and estimating the market return (Rm) is quite a difficult task. Thus, a different form of pricing model has been proposed named as Arbitrage Pricing Theory (APT). In APT, the pricing of the equity has been derived based on the number of systematic factors. The model exposes that a set of common factors stimulate the outcomes of the market. Moreover, this model also highlights the fact that stocks of the same industry tend to move together. The presence of the multiple factors has complicated the CAPM and also narrows down its scope. In APT approach, the values of the assets are evaluated based on the law of one price and no arbitrage. The model can be considered as a multi-factor model. APT is derived from a statistical model. However, CAPM can be treated as an equilibrium asset pricing model (Fama and French, 2004). The assumptions like the equal expectation of the investors are not considered in APT. According to Grammig and Schrimpf (2009), the APT model is more reasonable compared to the CAPM, as the former considers the lesser amount of assumptions. The assumptions of the APT model are as follows.