Abraham's “leadership by example” provides a template for business leaders to implement a tone at the top based on a balance of Tzedek (righteousness) and Mishpat (legal judgement). The former expresses the generosity of spirit required of leaders, while the latter expresses the sound...

Many college graduates find themselves underemployed or even unemployed because they lack necessary skills. Moreover, many firms are finding it difficult to thrive, or even survive, in the knowledge economy because they have not hired the right kind of employees. This paper describes six basic...

This course module is designed to help professors teach business ethics and corporate social responsibility. It demonstrates why a “greed is good” approach to capitalism is dangerous. The philosophy of maximizing shareholder value is also critically examined as well as the distinction...

This paper describes skills that today's accounting and business students must acquire to achieve success in the corporate world. Students without these skills may get jobs but will ultimately find themselves underemployed in dead-end jobs. Although specialized knowledge in a discipline is...

The “Chicago School” of economic thought, led by the intellectual descendants of Milton Friedman, has become the dominant paradigm not only of economics but of all social sciences, including business and accounting. According to the Chicago School, the manager’s sole concern should be the...

Foreign Direct Investment (FDI) in extractive industries (mining and quarrying) is expected to increase dramatically in many developing countries, due to the rising global demand for commodities. One key question for policymakers is whether this form of FDI could help spur investments in other...

Bulgaria signed the Europe Association Agreement (EAA) in 1995 and the European Union accession treaty in 2005. Accession had the effect of increasing FDI in Bulgaria. We analyze World Bank BEEPS firm level data for 2007 to better understand characteristics and performance of foreign firms in...