In this paper, we argue that a duality of language exists in financial economics in that branch of the agency theory literature that is called signaling, signaling theory, and the signaling principle of finance. We show that the signaling contention violates rudimentary rules of logic. Yet, the...

In this paper I argue that downsizing, the equivalent of throwing tens of thousand of workers to the street, and scandals, resulting from unsavory, illegal, and often criminal management practices have similar results as far as society should be concerned. Strangely, however, while the former is...