Firms are under increasing pressure to meet stakeholders’ demand for Corporate Social Responsibility (CSR) along their global value chains. We study the incentives for and investments in CSR at different stages of the production process. We analyze a model of sequential production with...

Meteoric growth in all spheres of economic activity propelled by rapid advancement in technology has profoundly impacted humanity mainly due to the globalization wave which was ushered in several countries in the early nineties of the last century. Economic volatilities coupled with geo...

Russian Abstract: Рассмотрен эмоциональный труд как процесс, характеризующийся особенностями работы в туристической сфере. Предложено 16 составляющих элементов...

This paper develops a novel concept, viz., ‘personal strategy', to explain the leadership behaviour and its impact on organizations more effectively. Personal strategy is defined in the paper as a leader's personal action framework to achieve his personal goals in the leadership role through...

We investigate the relation between the CEO Pay Slice (CPS)mdash;the fraction of the aggregate compensation of the top-five executive team captured by the Chief Executive Officermdash;and the value, performance, and behavior of public firms. The CPS could reflect the relative importance of the...

This article analyzes Total Quality Management as an innovation in organizational technology that can be used by companies to increase the productivity of both labor and capital. As an organizing technology, TQM has three distinguishing features: (1) it is science-based in the sense that...

There has been comparatively little exploration of the importance of local government in addressing large scale environmental harms, in spite of much activity at the local level dealing with climate change. This article posits that local governments may be an effective way to address even large...

Rationales for a stakeholder model of corporate governance are based on enlightened self-interest, moral imperative, and/or externalities. Of these, the externalities rationale holds the most promise to justify a stakeholder focus. Recent evidence, however, indicates that the benefits of a...

Effective collaboration within and between organizations requires efficient adaptation to unforeseen change. We study how parties build relational contracts that achieve this goal. We focus on the "clarity problem"---whether parties have a shared understanding of the promises they make each...

This study investigates which values of an employee-friendly (EF) corporate culture are the most important predictors of firm value and operating performance using a novel social media dataset of approximately 250,000 crowdsourced employee reviews of 18 different characteristics of a firm’s...