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resource that has been hijacked by capitalism. Mary Mellor explores the history of money and modern banking, showing how …As the recent financial crisis has revealed, the state is central to the stability of the money system, while the … chaotic privately-owned banks reap the benefits without shouldering the risks. This book argues that money is a public …
Persistent link: https://www.econbiz.de/10011903333
German family capitalism since the 1990s. Drawing on a sociology of ownership, we view family succession as a transfer regime … coordinates ownership transfer among founders through matchmaking. Our study contributes to research on family capitalism and …Deutschland ist für seine Familienunternehmen bekannt, die das Eigentum am Unternehmen innerhalb der Familie halten und …
Persistent link: https://www.econbiz.de/10014456422
, property - particularly if open to innovation - plays a vital role in achieving this balance. This commentary explains four … normative principles that help design innovative property. Since the four principles derive from long-standing ideas about … property in land, the commentary uses a distinctly conservative approach. This approach, however, is quite innovative in the …
Persistent link: https://www.econbiz.de/10014475821
Persistent link: https://www.econbiz.de/10011696557
How do evaluative practices become natural and ubiquitous in an organization? In this paper we integrate findings from previous empirical work on the adoption of evaluative practices in organizations with insights from institutional theory and social psychology research for advancing the...
Persistent link: https://www.econbiz.de/10010421325
Elsewhere I argue that the legal concept of property was created in the image of money in the late Roman Republic …. Since then, the division of property and contract has been an underlying structure of Western law. The paper argues that a … main way of structuring financial corporate power, especially money market funds (MMFs), is a propertization of contractual …
Persistent link: https://www.econbiz.de/10011907001
Dass das Thema Ethik in Unternehmen eine zentrale Notwendigkeit für eine nachhaltige Entwicklung darstellt, scheint jedem klar und offen denkenden Menschen mehr als einsichtig zu sein. Zu viele erdrückende und fast resignierend wirkende Beispiele liefert das reale Unternehmensdasein (z.B....
Persistent link: https://www.econbiz.de/10012058580
In this paper I show that a lax anti-counterfeiting policy is inconsistent with price stability. I use a deterministic matching model with no commitment and no enforcement. An intrinsically worthless but perfectly durable object called a ‘note’ can be produced by banks at a given cost, but...
Persistent link: https://www.econbiz.de/10011604558
In monetary models in which agents are subject to trading shocks there is typically an ex-post inefficiency in that some agents are holding idle balances while others are cash constrained. This inefficiency creates a role for financial intermediaries, such as banks, who accept nominal deposits...
Persistent link: https://www.econbiz.de/10010277060
money, because Triffin and successors assume a commodity theory of money, a loanable funds model for credit creation, and … - chartalist money, endogenous credit creation, and interlocked global balance sheets - enables us to see four factors behind the …, and the dollar's status as global quasi-state money. …
Persistent link: https://www.econbiz.de/10014633245