In August 2005, Patagonia announced its Common Threads Garment Recycling Program. The company is reclaiming used Capilene long underwear from consumers and using them as an input for new Capilene garments. According to company assessments, making clothes from post-consumer fabrics is more energy...

Human nature does not like change, and unfortunately, in some areas, changes must be made. From an economic standpoint, firms have to adapt to new technologies, the size of markets change constantly as a result of globalization, and customers' needs are never-ending and wide-ranging. In a word,...

This paper examines the stock prices of Chinese companies dual-listed in the A and H share markets between January 2006 and March 2008. While most previous studies have concluded that the A share market does not have significant exposure to the Hong Kong market, I find that following the...

Wide-spread usage of peer-to-peer file-sharing began in the late 1990's with Napster-a network that allowed users to share digital music without going through legal channels to purchase the copyrighted material. Since Napster debuted, over forty file-sharing applications that allow users to...

Shared capitalism is a diverse set of compensation practices through which worker pay, or wealth, depends on the performance of the firm or work group; compensation practices include employee ownership, stock options, and profit sharing. Empirical studies on whether employee ownership improves...

Consolidation in the financial industry has progressed rapidly in many countries. In the United States, large financial corporations, such as Citigroup and JP Morgan Chase, formed complex financial groups and conglomerate structures composed of a commercial bank, a securities company, and an...