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The notion of risk encompasses a wide range of meanings across different disciplines, notably the social sciences and business administration fields. Within academic finance, the focal point of traditional (or standard) finance researchers involves the objective nature of risk. This traditional...
Persistent link: https://www.econbiz.de/10012771413
This short essay provides some explanation and context built around a simple statement regarding corporate (or entity) purpose and how to balance the shareholder wealth maximization norm with broad director discretion. That statement, using the model from the Edward R. Murrow radio show “This...
Persistent link: https://www.econbiz.de/10012823585
Objective - The praxeology recognized by some theorists as the relevance of the results of the research process for managerial and academic practice, is evidenced by others as absent. The purpose of this paper is to propose an evaluation of the results of the research process in management,...
Persistent link: https://www.econbiz.de/10012866601
Organisations are increasingly disclosing financial and non-financial performance as they are becoming more accountable and transparent to the providers of capital and other interested parties. Most of them are clearly specifying their environmental, social and governance (ESG) content,...
Persistent link: https://www.econbiz.de/10012867812
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...
Persistent link: https://www.econbiz.de/10012867813
This paper aims to understand how born global firms develop their international pricing strategies, practices, and models. It aims to expand the study of international entrepreneurship and born global firms by including a broader and deeper range of pricing aspects than is normally found in the...
Persistent link: https://www.econbiz.de/10012869661
Investor behaviour often deviates from logic and reason, and investors display many behaviour biases that influence their investment decision-making processes. The authors describe some common behavioural biases and suggest how to mitigate them
Persistent link: https://www.econbiz.de/10012973086
There are win win opportunities for big businesses and policy-makers as they nurture human capital with the right knowledge, skills and competences. A thorough literature review suggests that there is a rationale for corporations to collaborate with national governments and other stakeholders in...
Persistent link: https://www.econbiz.de/10012978431
The rise of modern corporations has been accompanied by an expansion of salaried executives who have replaced owner-managers. With this expansion, the new class of managers/executives came to regard themselves as stewards of large and complex corporations, and not principally or exclusively as...
Persistent link: https://www.econbiz.de/10012980046
We sketch out two basic paradigms informing banking practice: the economistic paradigm focusing on profit maximization and the humanistic one, serving the common good. We then highlight paradigmatic cases to explore how each of these business models fared during the quasi-natural experiment of...
Persistent link: https://www.econbiz.de/10013001908