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the fiduciary duties owed to all the firm’s stakeholders. Then, by establishing the basic context of incompleteness of …
Persistent link: https://www.econbiz.de/10005547500
The recent renaissance of work on conventions, informal institutions, and social norms has reminded us that between the state and individual choice is a network of informal social rules that are the foundation of our cooperative social life. However, even those who appreciate the importance of...
Persistent link: https://www.econbiz.de/10010878249
In this paper we present a model of rational voting over redistribution where individual selfesteem and relative esteem for others are endogenously determined. Individuals differ in their productivities, and their behaviour and political views are influenced by moral standards concerning work....
Persistent link: https://www.econbiz.de/10005703141
Persistent link: https://www.econbiz.de/10008480759
-stakeholder fiduciary duties are deduced from a theory of the firm’s stakeholders Social Contract. This provide for a clear cut and …) against the notion of stakeholders value. As far as implementation of the normative model is concerned, four roles of …
Persistent link: https://www.econbiz.de/10005140882
This article studies how a firm fosters formal and informal interaction among its employees to create a collective identity and positively influence their effort. We develop an agency model, in which employees have both a personal and a social ideal for effort. The firm does not observe the...
Persistent link: https://www.econbiz.de/10011004041
In this article, we propose to view the firm as a locus of socialization in which employees with heterogeneous work attitudes can be motivated and coordinated through adherence to a social ideal of effort. We develop an agency model in which employees have both a personal and a social ideal of...
Persistent link: https://www.econbiz.de/10011210986
This article studies how a firm fosters formal and informal interaction among its employees to create a collective identity and positively influence their effort. We develop an agency model, in which employees have both a personal and a social ideal for effort. The firm does not observe the...
Persistent link: https://www.econbiz.de/10010754873
'ensemble des cocontractants avec la firme (stakeholders) et prenant en compte les stratégies d'enracinement des dirigeants … traditional framework. In particular, we propose an enlarged framework allowing to include all the stakeholders and taking into …
Persistent link: https://www.econbiz.de/10005111236
The economic theories and the accounting regulations deriving from them should be reconsidered for SMEs. At global level, there are accomplishments in this respect – IASB IFRS for SMEs – or intentions – European Commission proposals for certain simplifications of the European directives....
Persistent link: https://www.econbiz.de/10005581612