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Companies that are going to thrive must have a soul. Those that are only concerned with “maximizing shareholder wealth” or “maximizing profit” will find themselves going the way Enron went. CEOs will have to lead the revolution and should be the ones exhorting executives to make...
Persistent link: https://www.econbiz.de/10013074705
Prinzipien sollen seit jeher die charakteristischen Züge und das Wirken der "modernen" Genossenschaften festlegen sowie deren Eigenart in die Zukunft tragen. Auf längere Sicht kann eine veränderte Anwendung selbst der Kernelemente eines genossenschaftlichen Wertesystems erforderlich werden....
Persistent link: https://www.econbiz.de/10010297086
Berkshire Hathaway, among history's largest and most successful corporations, shuns middlemen; its chairman, the legendary investor Warren Buffett, excoriates financial intermediaries. The acquisitive conglomerate rarely borrows money, retains brokers, or hires consultants. Its governance is...
Persistent link: https://www.econbiz.de/10011758401
Growing globalization has created a business environment that encourages companies to internationalize through international acquisitions. The growth in the number and value of international acquisitions in the previous period has increased the number of studies that analyze this phenomenon from...
Persistent link: https://www.econbiz.de/10014281934
Wirtschaft zwischen Milliarden und Moral: Gibt es eine Unternehmensverantwortung, die neben einer ökonomischen auch eine soziale und moralische Verantwortung umfasst? Karl Homann, ehem. Ludwig-Maximilians-Universität München, kommt zu dem Ergebnis, dass die Marktwirtschaft nicht nur...
Persistent link: https://www.econbiz.de/10012018028
The paper refers to relationships between the innovativeness of an organization and its selected determinants such as strategy, corporate culture, structure and operational processes. Research was conducted among 200 managers at the top, middle and operational levels of management (200 companies...
Persistent link: https://www.econbiz.de/10011856553
The current paper is part of a wider research that has as general objective to develop an evaluation and analysis model for the total quality management (TQM) system to identify best practices that determine its’ performance, in order to improve it. The research is focused on organizations...
Persistent link: https://www.econbiz.de/10011875327
This study examines the role of codes of ethics in reducing the extent to which managers act opportunistically in … reporting earnings. Corporate codes of ethics, by clarifying the boundaries of ethical corporate behaviors and making relevant …. In a sample of international companies, we find that the quality of corporate codes of ethics is associated with higher …
Persistent link: https://www.econbiz.de/10012993429
We study how societal culture shapes business activities and corporate behavior by leveraging data on the locations of Confucian schools in Ancient China. The number of historic Confucian schools surrounding a current firm’s location proxies for the firm’s exposure to Confucianism, the...
Persistent link: https://www.econbiz.de/10013291882
We present interview evidence from financial executives that highlights how thinking about culture in a quantitative way and making continuous investments in culture can amplify success, improve firm value, and help employees thrive in the new world of work. By reporting financial executives’...
Persistent link: https://www.econbiz.de/10013403566