With the Nobel Prize in economics for the year 2013 awarded to the scholars who have juxtaposed the theories on market efficiency, and doubtlessly asserting the inefficiency of financial markets by reasoning the disconnect between the firm performance and volatility in asset prices, reforming...

The untenable volatility of financial markets and fleeting nature of stock ownership on one side and corporate scandals, high-risk managerial whims and empire-building attitudes of corporate managers on the other have rekindled a three-decade-old debate on whether financial markets, especially...

Words manifest in many forms - symbols, proverbs, metaphors, riddles, parables, stories and hymns- and form the basis of our culture, organizations, and socio-economic-political systems. Words not only mean the objective phenomena that determine our lives, but also assist in the creation and...

Firm Profitability - Does it really matter for shareholder return or ROE (return on equity)? Does this question sound oxymoron and antithetic? Not really. On the contrary, evidence has surfaced that Returns on equity - based on the shareholders' equity accounted in the balance sheet - is not...

The alliance governance ndash; whether equity or nonequity based ndash; through which an alliance is governed serves as a mechanism to protect a firm from partner's opportunistic behavior, manage resource dependence and facilitate knowledge sharing. Alliance governance structure also reflects...

Research Summary: Firm size has long been recognized as a source of competitive advantage. However, the disruptions arising from the knowledge-based global economy are decoupling the link between firm size and profitability. We demonstrate in this article, the structural shifts and evolving...

The objective of this manuscript is to review the adverse influence of short-termism in investing on firm performance and corporate governance, and highlight the economic crisis engendered by the inefficient financial markets and advocate remedies to align the corporate governance practices...

Everyone talks about GDP. Economists of all sorts care about GDP. From a layman to the lover of economics, from a Globetrotter to a Geopolitical Strategist, GDP is a "go-to metric” to compare and examine the size and strength of nation-states. Despite its popularity, GDP is a misnomer and it...

Extant research on strategic alliances has established that contractual controls do not provide a complete safeguard to avert an alliance failure, and that alliance governance needs to be reinforced with relational norms such as trust. However, there is scant research evidence available on...

This study uses archival data, observations, and focus groups to better understand strategic repositioning in the service supply chain. The strategic management theory, resource based view theory and social exchange theory are used to develop a conceptual framework. The study attempts to answer...