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Individual and corporate social responsibility
Bénabou, Roland; Tirole, Jean - 2009
Society's demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the psychology and economics of prosocial behavior to shed light on this trend, which...
Persistent link: https://www.econbiz.de/10010269689
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Prosocial Managers, Employee Motivation, and the Creation of Shareholder Value
Kajackaite, Agne; Sliwka, Dirk - 2018
Milton Friedman has famously claimed that the responsibility of a manager who is not the owner of a firm is "to conduct the business in accordance with their [the shareholders'] desires, which generally will be to make as much money as possible." In this paper we argue that when contracts are...
Persistent link: https://www.econbiz.de/10011931754
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Investor protection and the value of shares: evidence from statutory rules governing variations of shareholders' class rights in Russia
Muravyev, Alexander - 2009
This paper uses a quasi-experimental framework provided by recent changes in Russian corporate law to study the effect of investor protection on the value of shares. The legal change analyzed involves the empowerment of preferred (non-voting) shareholders to veto unfavorable changes in their...
Persistent link: https://www.econbiz.de/10010269433
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Capitalism Recoupled
Kelly, Colm; Snower, Dennis J. - 2021
This paper examines major forces that have decoupled economic and business prosperity from social prosperity and explores how recoupling can be promoted. Economists have specified well-known conditions under which free market enterprise with shareholder value maximization is efficient. These...
Persistent link: https://www.econbiz.de/10012658088
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Individual and Corporate Social Responsibility
Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2009
Society's demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the "psychology and economics" of prosocial behavior to shed light on this trend, which...
Persistent link: https://www.econbiz.de/10008469709
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How much does immigration boost innovation?
Hunt, Jennifer; Gauthier-Loiselle, Marjolaine - 2009
We measure the extent to which skilled immigrants increase innovation in the United States by exploring individual …
Persistent link: https://www.econbiz.de/10010269300
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How immigration may affect US native entrepreneurship: Theoretical building blocks and preliminary results
Duleep, Harriet Orcutt; Jaeger, David A.; Regets, Mark - 2012
impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are easier to …
Persistent link: https://www.econbiz.de/10010283971
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The adoption and diffusion of organizational innovation: evidence for the US economy
Lynch, Lisa M. - 2007
States during the 1990's, I examine the incidence and intensity of organizational innovation and the factors associated with … investments in organizational innovation. Past profits tend to be positively associated with organizational innovation. Employers … being part of a multi-establishment firm) are more likely to invest in organizational innovation. Investments in human …
Persistent link: https://www.econbiz.de/10010268136
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Technology and the demand for skill: an analysis of within and between firm differences
Abowd, John M.; Haltiwanger, John; Lane, Julia; … - 2007
We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated employer-employee data from the U.S. Census Bureau's Longitudinal Employer-Household Dynamics Program infrastructure files spanning two Economic Censuses (1992 and 1997). We...
Persistent link: https://www.econbiz.de/10010268153
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Intrapreneurship or entrepreneurship?
Parker, Simon C. - 2009
I explore the factors that determine whether new business opportunities are exploited by starting a new venture for an employer ('nascent intrapreneurship') or independently ('nascent entrepreneurship'). Analysis of a nationally representative sample of American adults gathered in 2005-06...
Persistent link: https://www.econbiz.de/10010269378