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The emergence of cloud banking in developing economies from billions of cell phones transacting both legal tender and informal units of accounts has created a need to reconsider habits of thinking about the nature of money and banking in advanced societies. The dysfunctional nature of modern...
Persistent link: https://www.econbiz.de/10008751496
The paper presents four non-exclusive options for reforming the economy and the financial system. Three options reintroduce cost-carrying money as supported by Gesell1, Fisher2 and Keynes3, but in electronic form. One variant is a government issue redeemable into official money as proposed by...
Persistent link: https://www.econbiz.de/10010839468
Persistent link: https://www.econbiz.de/10008846185
The research question is to investigate how supplementary digital terminating currencies can provide a superior fallback position to Bitcoin in a financial crisis and/or provide a basis for rehabilitating distressed economies. Greece lost the opportunity to regain monetary sovereignty because...
Persistent link: https://www.econbiz.de/10012999511
This chapter considers why Sustainable Value Money (SVM) is needed and how to get it. It is required because no existing official currency has its value defined by any one or more real goods or services. Official money has become a social construct with no direct feedback from nature if human...
Persistent link: https://www.econbiz.de/10012949513
In this paper we explore the question of corporate governance and its connection with CSR.We outline why a traditional governance architecture (e.g. unitary board structures) fails to support monitoring and strategic advice functions concerning CSR of the board adequately. We then provide our...
Persistent link: https://www.econbiz.de/10014170667
This chapter critiques corporate governance practices widely promoted as being “best” for Publicly Traded Corporations (PTCs). The criteria used to identify good governance are those that minimize the involvement of Regulators or Law Makers with PTCs. The different drivers of corporate...
Persistent link: https://www.econbiz.de/10014200954
This paper investigates the utility of all intellectual property rights being time limited with no limits required for real assets and corporate shares. Ownership rights evolved from hereditary rulers seeking to maintain political power and wealth in perpetuity. This objective is no longer...
Persistent link: https://www.econbiz.de/10014211750
Transaction Byte Analysis (TBA) is developed as a methodology to research firms governed by more than one board. TBA grounds social research in cybernetic laws to create a science of governance. Any co-ordination between social creatures requires the creation, transmission, reception and...
Persistent link: https://www.econbiz.de/10014152537
The integration of CSR into corporate governance can be achieved by introducing network governance that also provides operating and competitive advantages to remove perceived conflicts between investors and others stakeholders. Network governance allows stakeholders to become engaged in...
Persistent link: https://www.econbiz.de/10014158270