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Managers’ power within organisations has been analysed by several approaches: Orthodox management and organisation … such as managers’ power in multi-dimensional ways. …
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This paper employs a multidisciplinary social sciences approach to analyse the political power of contemporary economic … them, directly or indirectly, into power or influence. This paper makes use of the classical concepts of structural and … instrumental power to explain the sources of their influence in democratic decision-making processes. I claim that a powerful and …
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By applying readability statistics to the Humphrey-Hawkins testimonies given by the Federal Reserve Chairman, I test whether the clarity of central bank communication affects volatility in financial markets. There are three key results. First, when clarity matters, the results are unequivocal:...
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We analyze the economic impact of central banks sensed by business executives in a sample of 61 countries from 1998 to 2016. Based on a survey conducted by the Institute for Management Development (IMD), we find compelling evidence that intensive central bank communication worsens the perceived...
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