The current and ongoing economic environment in Australia is uncertain and challenging. The Australian economy is suffering from a general decline in economic outlook both in the short and medium term. The current economic climate of wildly fluctuating values and returns poses the question of...

This Article addresses puzzles relating to the allocation of grandfathering rights. First, when a government wishes to distribute grandfathering rights to societal actors who currently engage in a behavior that will soon be restricted, the societal actors may engage in inefficient behavior to...

Because a commercial real estate borrower usually wants to secure a mortgage loan for as much as possible, as inexpensively as possible, loan originators sometimes structure a single large loan as two smaller loans by means of an intercreditor agreement. The process of severing one loan into...

Evolved dispositions influence, but do not determine, how people think about economic problems. The evolutionary cognitive approach offers important insights, but underweights the social transmission of ideas as a level of explanation. The need for a social explanation for the evolution of...

The International Organization for Standardization's ISO 26000 on social responsibility supports organizations of all types and sizes in their responsibilities toward society and the environment. The standard's core subjects respect the rule of law as well as international norms on human rights...

In this paper I outline a simple and naïve framework that may be used to analyze how a firm engages with a stakeholder. In this simple framework, I present how a weak and relatively powerless stakeholder and a more powerful firm interact with each other, given that the firm has violated an...

We investigate the predictive power of corporate social culture, as measured by corporate social responsibility (CSR) intensity, on shareholder wealth when mergers and acquisitions (M&As) are carried out by managers with different traits. We find acquiring firms with talented managers are more...