This paper examines the opportunities and challenges presented by the incorporation of history into research on organizations. We argue that the value of history lies in its ability to provide unique perspectives on management, organizations, and markets, rather than in providing a longitudinal...

The article discusses the challenges associated with the assessment of economic concentrations involving state-owned enterprises (SOEs) under the European Union (EU) merger control. It reveals inconsistencies in ascertaining the exercise of and the (anti)competitive effects stemming from the...

Ever since Marx, the future of capitalism has been fiercely debated. Marx and his followers predicted capitalism will end by violent overthrow, while others prophesied its demise will be the result of collapsing under its own weight. Still others argue that capitalism will not only continue to...

Design science (DS) approaches have been emerging in engineering, management and other disciplines operating at the interface between design research and the natural or social sciences. Research informed by DS is challenging because it involves “mixing oil with water”, using a famous phrase...

The paper analyzes the various systems of capitalism and the differences among the scheme of the principal countries. While the private ownership of the means of production is present in the most countries, there are differences in the activity played by the State, by the market and by the...

We look at the wealth generated for shareholders of energy assets in Central and Eastern Europe (CEE) by the announcement of cross-border mergers or acquisitions involving a bidder from a Western industrialized country between 1995 and 2005. The impact on both the performance improvements at the...

That liberty is necessary for greater happiness and a better life is a notion deeply rooted in the American sensibility. But is there a link between greater freedom and greater happiness across countries? In this article we explore this question by examining the empirical relationship between...

This article argues that free markets promote other important virtues that have heretofore received scant attention. Specifically, through fostering an indefinitely-lived series of exchanges, free markets create a future promoting integrity and trust. This is because the more the future matters,...