Within the past fifteen years law firms have been buffeted by such dramatic changes that their very viability is in jeopardy; changes including heightened competitive risks, a tumultuous global economy, increased competition for top law school graduates, the changing expectations of junior...

This paper compares board and director characteristics of reverse leveraged buyout (LBO) firms controlled by LBO specialists to those of an industry- and size-matched comparison sample. We consider the boards of the reverse LBOs to be value-maximizing because of the strong incentives the LBO...

We are no longer an industrial economy characterized by assembly lines; we are now in a knowledge economy where creativity is what matters and the old ways of running a firm simply do not work. This paper discusses a new paradigm for corporate ethics and leadership that includes factors that...

Sustainable business model innovation is an emerging topic, but only few tools are currently available to assist companies in sustainable business modelling. This paper works towards closing this gap by bringing together ‘design thinking’ and ‘sustainable business model innovation’ to...

The U.S. financial services industry has been in a state crisis for three decades, precipitated by ethical misconduct within the industry. Regulatory and legislative changes have been introduced, yet the industry’s ethical climate remains largely unchanged. Industry participants have...

This research study tries to understand the relevance of four dimensions (viz., support, team-building, goal emphasis and help with work) of Leadership incorporated by Likert (1967) to identify and classify System 1 to 4 by conducting intensive study of six organizations in India. Data,...

Despite so much of knowledge, the world is experiencing economic and psychological depression. More and more companies are becoming sick and bankrupt every day. The study provides some of the distinguishing features of the financial capital and the human capital and the need for focusing on...

For sustaining businesses in a VUCA World, or a world with Vulnerability, Uncertainty, Complexity and Ambiguity, it is important to address the primary cause of VUCA. The culprit is the rapidly changing technology, more significantly the Information Technology. Though the primary driver of...

This paper introduces a unique multi-disciplinary approach called “Behavioral IT®” which addresses the IT-Disruptions related woes of both businesses and business professionals like CXOs, Top Managers and Management StudentsBusinesses experience problems of huge losses due to over 70% IT...

Since at least the 1980s students of organizations speculate on the emergence of a novel organizational form, eventually called adhocracy or network organization, which displays a higher degree of flexibility with respect to traditional bureucracies. However, while empirical investigations point...