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Institutional investors, primarily pension funds, drive global financial markets. The result is investors vulnerable to the risks companies face in global consumer and capital markets. Though some market risks are inevitable, others, such as reputation risk, can be mitigated through increased...
Persistent link: https://www.econbiz.de/10009441471
Once an integral component of company-sponsored compensation schemes in many Western economies, private defined benefit (DB) pensions are in decline. For many, DB schemes (and their related healthcare liabilities, depending on the jurisdiction) have hobbled the financial wellbeing of plan...
Persistent link: https://www.econbiz.de/10009441472
Once an integral component of company-sponsored compensation schemes in many Western economies, private defined benefit (DB) pensions are in decline. For many, DB schemes (and their related healthcare liabilities, depending on the jurisdiction) have hobbled the financial well being of plan...
Persistent link: https://www.econbiz.de/10009441473
How the costs of labor mobility ought to be distributed is the issue explored in this essay. Neoclassical procedural devices are argued to be irrelevant and unable to guide allocative decisions. A modified structuralist thesis is introduced in which the substantive nature of capitalist...
Persistent link: https://www.econbiz.de/10009441475
Much of the academic finance literature has been devoted to theoretical principles concerning portfolio design, the efficient market and strategic asset allocation. Similarly, industry organization studies have been concerned with the fundamentals of firm structure, entry and exit from the...
Persistent link: https://www.econbiz.de/10009441476
, concentrating upon the relationship between systems of corporate governance and stock-price volatility. The geography of market … firms, are used to suggest that the geography of finance remains a vital component of global investment strategies, an … argument that has important implications for academic analysis inside and outside of geography. …
Persistent link: https://www.econbiz.de/10009441477
Neoclassical theory presumes that the demand for labor is a function of its real wage. Many local development agencies have taken this proposition as an article of faith, designing policies that effectively lower the real cost of labor. Empirical evidence for the textiles and electronics...
Persistent link: https://www.econbiz.de/10009441478
Quintessentially a US phenomenon, the information and knowledge economy (IKE) combines regional clusters of innovation with new and sophisticated forms of intellectual and finance capital. For those European economies struggling to adjust to global competition, the IKE is seen as the panacea. It...
Persistent link: https://www.econbiz.de/10009441479
Studies of the relationship between national and regional fluctuations have often found evidence of consistent space-time lags in regional economic adjustment. Some researchers have argued that depressed and peripheral regions take longer to adjust to national fluctuations than more central and...
Persistent link: https://www.econbiz.de/10009441480
Most pension funds use an extensive array of service providers to administer and manage their financial assets. In this paper, I sketch a 'map' of the functional structure of service provision and the apparent spatial configuration of those elements. Theoretically, the paper could be thought...
Persistent link: https://www.econbiz.de/10009441484