We examine differences in CEO achievement of EPS goals set separately through analyst forecasts and firm bonus plans. Having different goals for the same performance metric enables us to assess their relative importance in incentivizing CEOs. We find CEOs frequently achieve analyst forecasts,...

This article seeks enhanced understanding of the dynamics of open innovation and knowledge appropriation in African settings. More specifically, the authors focus on innovation and appropriation dynamics in African micro and small enterprises (MSEs), which are key engines of productivity on the...

Over the past decade, Nancy Fraser has developed a highly sophisticated theory of social justice. At its heart lies the principle of parity of participation, according to which social arrangements must 'permit all (adult) members of society to interact with one another as peers.' The aim of this...

Many of the most important recent debates on global distributive justice take place between defenders of global egalitarian positions, on the one hand, and defenders of more sufficientarian or 'minimalist' positions on the other. This paper reviews two recent contributions to those debates, from...

The research in this publication shed new light on the diverse nature of innovation and creativity in African settings, and on the different IP policies and practices related to innovation and creativity on the continent. When linked with broader development objectives and models, these findings...

In the global knowledge economy, intellectual property (IP) rights – and the innovations they are meant to spur – are important determinants of progress. But what does this mean for the nations of Africa? One view is that strong IP protection can facilitate innovation in African settings....

The relationship between (a) private and public equity market valuations and (b) financial statement information is examined for a sample of 502 venture capital backed companies from six different industries over the 1993-2003 period. Financial statement information explains a sizable component...