Purpose – Investment capital markets have been displaying signs of disarray and are significantly damaged. This is especially manifest in the case of the USA and some countries in Europe. Symptoms of this damage are visible. The operators are declining in number, contracting in scale and...

Purpose – The purpose of this paper is to study the funding difficulties of innovative SMEs in traditional sectors (ISTS) and asks whether current conditions represent a financing market failure. Design/methodology/approach – The study explores the financial tools available in Israel and...

Purpose – The recent financial crisis has shown that in substantial parts of the banking industry, bonus payments have a short-term focus and are not risk-adjusted. These remuneration structures persist as the banking industry is constrained by pressures on the labour market. The unilateral...

Purpose From the 2006-2007 season, Union of European Football Associations (UEFA) introduced regulation into European football by imposing “home-grown” quotas on clubs. The purpose of this paper is to remedy partial market failure by influencing issues in the game, namely reducing...

Purpose The purpose of this paper is to understand how social and commercial ventures interact with each other. It investigates how the entry, exit and prevalence of commercial ventures in a given region can influence the creation of social ventures. Design/methodology/approach Market failure...

Purpose – The purpose of this paper is to explain the adoption of consolidated accounting for New Zealand holding companies during the period 1946‐1957. Design/methodology/approach – An explanatory, multiple‐case, holistic case study is used to explain the relative increase in...

The Coase theorem has been shrouded in ambiguity and confusion throughout its life, this despite the prominent role that it plays in economic and legal analysis. As this paper demonstrates, this is no less true of the path by which Coase came to the result that bears his name. Drawing on...

The Coase theorem has been shrouded in ambiguity and confusion throughout its life, this despite the prominent role that it plays in economic and legal analysis. As this paper demonstrates, this is no less true of the path by which Coase came to the result that bears his name. Drawing on...