There have been significant efforts made to understand the relationship between national culture and safety. However, the results on how to act upon these findings are meager. This article discusses the research paradigms that produce circular reasoning on culture as an object of analysis and...

This article demonstrates how various concepts derived from marketing and behavioral economics can be useful to accountants and others whose advice is sought on the setting of prices. In particular, it shows that a one-price policy may not always be ideal. Using price as a strategic tool can...

The authors have developed an easy-to-use approach, derived from financial portfolio theory, for determining which product(s) to eliminate. This approach takes into account the effect the product deletion will have on the overall rate of return and the overall risk of the product portfolio

Accountants and auditors are no longer number crunchers that are primarily concerned with examining historical data. They are being used by most firms to provide advice and as such are often the power behind the throne. As advisors, they need to understand that they play an important role in how...

The financial crisis of 2008, which followed Enron and other accounting scandals, has made it very clear that much of corporate America has lost its values. We have to rethink what we are teaching students. Since approximately 80% of first-year college students are interested in spirituality, it...

Internal marketing is a key ingredient to service profit chain. The internal customer satisfaction and retention has a profound impact on external customer satisfaction and retention.. The value chain (VC) analysis of a service firm like a bank shows that one of the supportive functions of VC is...

This paper surveys the literature criticizing the view that managers should run companies aiming to create shareholder value by maximizing stock prices. Based on a multidisciplinary approach, I include empirical and theoretical papers from fields such as corporate law, management, finance,...

Critical to success in today's world, characterized by the knowledge economy, is the ability to communicate and collaborate across the boundaries of cultures, disciplines, and functional areas. In the knowledge economy, where people tend to work in groups, what matters most is the “c...

This is a PPT presentation that discusses what is coming next on corporate governance (CG) and in which ways the successful business of the 21st century will differ from its successful 20th century counterpart. The presentation is divided into five key messages: 1) This is a moment of lower...

Servant leadership focuses on the betterment and support of others by seeking to meet the interests, needs, and ambitions of others' above one's own. The following paper looks at philanthropy as a catalyst to drive servant leadership behaviors based on situational proximity. The findings of the...