Showing 41 - 50 of 177
This paper identifies how the structure of money and banking contributes to climate change described by Stern (2006) as the "The biggest market failure the World has ever seen". The paper also considers how an ecological form of electronic money redeemable into units of renewable electricity...
Persistent link: https://www.econbiz.de/10013038674
Directors of corporations governed by a single board (i) Have excessive and unethical powers to become quot;Sources of riskquot; and (ii) Lack processes to systematically obtain information independently of management on the Strengths, Weaknesses, Opportunities and Threats (SWOT) of either their...
Persistent link: https://www.econbiz.de/10012723915
Directors of corporations governed by a single board are exposed to (i) reputational risk with personal liability from possessing absolute power to manage their own conflicts of interest and (ii) absence of power to systematically obtain information independently of management on the Strengths,...
Persistent link: https://www.econbiz.de/10012725016
The paper identified ways in which corporate governance reforms are failing and how this situation can be corrected. A basic problem is that corporate governance is not described in outcomes that can be measured but in unmeasurable terms of principles, practices and processes. This means that...
Persistent link: https://www.econbiz.de/10012726194
This paper uses data rather than costs as the unit of analysis to answer questions raised by Luigi Zingales (2000) searching for quot;new foundationsquot; in The Theory of the Firm. Any co-ordination between individuals requires communication of data to share information, knowledge and wisdom....
Persistent link: https://www.econbiz.de/10012728190
This paper describes how governments and regulators could introduce selective de-regulation based on exempting corporations from existing practices when they amend their constitution to provide superior outcomes for investors and other stakeholders. An example is presented on how a company...
Persistent link: https://www.econbiz.de/10012730316
A case study is presented on the irrelevance of corporate governance quot;best practicesquot; in avoiding: major financial losses, identifying fraud, avoiding interventions by a regulator and the loss of reputation. As a result of a junior whistle blower the National Australia Bank (NAB)...
Persistent link: https://www.econbiz.de/10012730688
The objectives of the paper are to show how the sustainability of urban settlements can be improved by treating as a variable the design of: (a) property rights to realty, corporations and currencies and: (b) their communication and control governance architecture. System science provides the...
Persistent link: https://www.econbiz.de/10012731042
This paper outlines (i) a theoretical framework for designing institutions to facilitate self-financing economic development and (ii) institutional arrangements for establishing self-financing development. The framework introduces the concepts of: (i) quot;procreativequot; assets that generate...
Persistent link: https://www.econbiz.de/10012731076
This paper provides evidence why Emerging Economies should not follow US and UK audit practices that have introduced untenable conflicts of interests and muddled corporate governance practices. The US 1933 law that required corporations to appoint an auditor was based on the prospectus...
Persistent link: https://www.econbiz.de/10012731078