Despite having been underlined as contrary to established fact, the myth that there is a causal link between Protestantism and the emergence of capitalism persists in the popuar imagination as well as the academy. This article illustrates where Max Weber’s theory contradicts all the available...

Purpose By revisiting the agency theory literature, this paper aims to both incrementally advance historical viewpoints and reveal four prominent influences on agency theory: Weber and Simon, The Great Depression, Cooperation and the Chicago School. This is critical given that understanding the...

Abstract Der ‘Big Trade Off’, den Arthur Okun schon vor über dreißig Jahren formulierte, ist zurück. Ökonomische Effizienz und soziale Gleichheit erscheinen unvereinbar. Oder anders: Moderne Gesellschaften müssen sich zwischen der Scylla hoher Einkommensungleichheit oder der Charybdis...

Effective decision-making requires economic analysis to be beneficial in a project environment. Producing effective economic decisions is based on various factors and methods, including payback period (PBP), internal rate of return (IRR), and net present value (NPV). Once projects are...

Global warming due to greenhouse gas emissions and the growing energy needs of the world, has forced the world into thinking differently about energy sources and sustainable development, giving rise to the field of biofuels. Research and introduction of new technologies do, by their very nature,...

There is not only one currency and an exact predictable parity for each currency in the globe. This makes the accomplishment of international business and trade operations complicated owing to the fact that the mandatory usage of strong currencies in international trade. However, business...

Economic growth is indispensable for the development of a country and welfare of its citizens. Economic activities can be improved with the enhancement of business sectors within its structure. Furthermore, exportation is a substantial means of reinforcing economic growth. In this research, the...

The research presented analyses the application of MOOCs (Massive Open Online Courses) and its successes and failures so far. The authors discuss their different facets that emerged from their initial concept up to the implementation in the United States, Europe and Latin America. The article...