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Marketers and investors face a heated, provocative debate over whether excelling in social responsibility initiatives hurts or benefits firms financially. This study develops a theoretical framework that predicts (1) the impact of corporate social performance (CSP) on firm-idiosyncratic risk and...
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This essay on Corporations is a chapter in an upcoming volume on economic theology edited by Stefan Schwarzkopf.The secular study of corporations has long regularly focused on three sets of concerns: (1) Is the idea of corporate “personhood” only a convenient shorthand for a complex set of...
Persistent link: https://www.econbiz.de/10012850918
of agency theory in the late 1970s and early 1980s challenged this understanding of management. Arguing that markets … societies and has created worse management and less competitive companies. It is ironic that the obsession with MSV has actually … past 30 years.We provide this Summary of certain fundamentals of management in an effort to help prevent analytical errors …
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This study examines the earnings management behaviour of 455 distressed US firms that filed for bankruptcy during the … period 1986-2001. We examine (a) possible earnings management during the years prior to bankruptc-filing, (b) whether … qualified audit opinions cause conservative earnings management behaviour, (c) whether earnings management differs between firms …
Persistent link: https://www.econbiz.de/10013139379
This case study examines the governance role played by the Interogo Foundation as the owner of the Inter IKEA Group (the owner and franchisor of the Ikea concept) and its other subsidiaries. The IKEA businesses are the largest home furnishing operation in the world. In total, the various...
Persistent link: https://www.econbiz.de/10012911809
Social entrepreneurship is an important driver of global change. There is a sense that it might be the key ingredient to a new social contract for the 21st century. Though referred to extensively as a concept, there is no single definition of the subject. Defined as finding ways to combine...
Persistent link: https://www.econbiz.de/10013139319
In contemporary market economies, firms typically adopt one or another of a small number of standard organizational forms, both in terms of ownership and in terms of commitments to contractual counterparties. This review essay, prepared as a chapter for the forthcoming Handbook of Organizational...
Persistent link: https://www.econbiz.de/10013104139