Why so few men choose nursing as their profesion Research Paper

Why so few men choose nursing as their profesion - Research Paper Example This paper evaluates the reasons why men join nursing profession, analyzes the challenges they face and allays the misconceptions about male nurses, to show that men equally qualify as effective nurses. Introduction The professional roots of nursing could be traced back to the 20th Century when Florence Nightingale came up with professional schools for nursing (O’Lynn & Tranbarger, 2007). This professionalization of nursing by Nightingale that saw nursing rise in status as a women’s respectable profession saw men being marginalized in the profession. This has caused a minimization of the role of men and their history in nursing in spite of documented evidence of men in nursing dating back to as far as 250 BC (Wolfenden, 2011). This marginalization has since become a systemic issue and has become endemic to the nursing profession and education. However, it should be acknowledged that men equally provide care as women in nursing professions and the contrary stereotypes, m yths and beliefs propagated over years are misconceived. Previously, nursing was seen as a respectable profession for the women. Even though men were accepted into nursing profession, the medical model encouraged women nurses as the ideal position. This pushed men away from nursing into medicine, considered as a more socially acceptable profession for men (O’Lynn & Tranbarger, 2007). Whereas this approach is no longer being practiced, the nursing profession remains largely female dominated. Moore and Dienemann (2013) observe that the 2008 US Census identified only 5.5% as male nurses from the total nursing population. This replicates in many other parts of the world. The current trends in nursing indicate a shift from overtly denying men entry into nursing to a covert approach where men are denied nursing positions deemed unsuitable for them in declining their matriculation into nursing classes (Wolfenden, 2011). Men join nursing as a career just like any other careers and do not consider the profession to be less masculine. The reason for men joining nursing profession as observed by Moore and Dienemann (2013) is purely the motivation to help others, the principle guide in nursing. Intrinsic motivation could arise from previous work experience of such men. A research study by Tworney and Meadus (2008) in a Canadian province indicates that men join nursing profession as a normal career like any other, for salary and job security. These extrinsic motivators resemble those that inspire people to enter into other professions. With the instability in economies, geographic mobility, financial security and career needs, men have found nursing as a career like any other that could provide the much needed solution. Various studies have shown the satisfaction of male nurses with their profession (Kouta & Kaite, 2011; Moore & Dienemann, 2013; Wolfenden, 2011), some further citing the subjects encouraging other men to join the profession (Tworney & Meadus, 2008). Thus, nursing is a profession where men could fit in just as any other profession. On the other hand, one of the reasons why few men exist in the nursing profession has been the stereotypes in the nursing profession. Wilson (2009) observes that the public perceives nursing as a sex-role occupation that remains exclusive to females, a perception that remains deeply entrenched in the society due to the traditional image of a nurse as being white and female. This has been propagated by the mass media which reinforces nursing images solely on female attributes. This influences the perceptions of the society and feeds the bias cycle limiting the role of men in the profession of nursing. Furthermore, nursing

Discounted cash flow Essay Example | Topics and Well Written Essays - 750 words

Discounted cash flow - Essay Example One of the valuation tools that analysts use to determine the stock valuation is discounted cash flow. They try to determine current value estimating future cash flows. Cash Flow is taken into account while making all estimations. Cash Flow (Free) gives far clear picture about the company for it takes into account the change in working capital as well as all investments made during the period. It can be expressed as under. Cash Flow = Net Profit+ Depreciation/Amortization-Expenditures-changes in working cap. Analysts take into account cash flows because it is difficult to manipulate while earnings can be manipulated and adjusted. (Free Cash†¦) When estimated cash flows are discounted to the present value as per the cost of capital for the number of years of operation, it gives a clear picture for the benefits accrued from the investments made in the company. Mathematically, it can be expressed as Present Value = CF1/(1+K)+ CF2 / (1+K)2 +CF3/ (1+K)3 +.......[TCF / (K  - R)] / ( 1+K)n-1 CFi = Cash flow in the year 1, 2, 3†¦ K = discount rate TCF = Cash flow in the terminal year R= growth rate assumption beyond terminal year n = the number of years including the terminal year In short, above model gives the present value of the company based on the cash flow estimates of the future. DCF analysis implies that the company is worth all the cash that can be made available to the investors in the future. Future cash flows are discounted to the present value so that comparison becomes possible on investments made and benefits accrued. All future benefits of the investments made accrue at different time intervals, for example, at the end of year 1, 2, 3, and so on. Methodology and formula is same for all the analysts yet end results will differ for the following reasons. 1. The Discount Rate taken into calculation will be different for different analyst. The discount rate is usually the cost of capital. Each company is made of debt and equity in its capital st ructure. The cost of debt can be known easily as per the going rate in the market but estimating the cost of equity is a bit complicated task where each analyst applies his or her judgment. The equity is shareholder’s money and not without the cost. It has also certain indirect cost implications. The share holders of the company expect to obtain a certain return on their equity investments. Equity is a risk capital and depending upon the general economic conditions of the market, share holder wants certain minimum return over and above risk free return available to them in the market. If the company does not meet shareholder’s expectation, they will simple exit from the company. That will cause the fall in the market price of the shares. In other words, the company must give some minimum return to the shareholders to maintain the price of shares in the market. This is, in a way, the cost of equity for the company. Every analyst will have own perception on this cost of equity. Thus, each analyst will have some different discounting factor in their mind. This will also vary as per the economic conditions of the country and risk factors associated with the company. 2. Cash Flow Forecast is another critical parameter where two analysts estimate always differ. It is always easy to forecast the cash flow for a few years down the line but it is not possible to have these estimates without error beyond few years. Each analyst’s perception about future market conditions and overall economic scenarios come into play. Some analyst may have a cautious approach in estimation of future cash flows while other may be a bit liberal or optimist in the projections. It is obvious that this will have a bearing on the valuation of the stock and cause variance on valuation of the stock. (Free Cash†¦) 3. The Growth Rate beyond the terminal year is a long visionary assumption. Farther we go, more difficult it becomes to arrive at the agreement on values. When company reaches to the maturity cycle after a few years of operation, it