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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/10012583534
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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/10012584985
Persistent link: https://www.econbiz.de/10003392171
This paper investigates whether banks were able to create value for their shareholders after the Global Financial Crisis (GFC) and whether operational efficiency is related to shareholder value creation in informationally efficient stock markets. The impact of GFC on bank efficiency and...
Persistent link: https://www.econbiz.de/10012913163
season well underway in the U.S., the "outsourcing" of jobs from the developed to the developing world is again on the public … with it other developed economies', participation in the World Trade Organization and processes of global economic … the supporting role apt to be played by such globalization-constitutive financial institutions as the IMF and the World …
Persistent link: https://www.econbiz.de/10014214790
of profits and sales, is the dominant solution of the game if management assigns decisions on output and the input of …
Persistent link: https://www.econbiz.de/10014153680