Traditionally, organizations have relied on tangible assets for their competitive advantage. This appears the easiest and most common practices. However, it should be noted that intangible assets, such as; information, relationships with customers, employees' skills/competence, managerial...

Following the 2008 financial crisis the federal government made capital investments in more than 650 companies. The government's involvement was not limited to mere financial investment. In many cases, the government became involved with the corporations' board of directors. The Essay examines...

History has shown that the scholarly and regulatory focus on board composition and structure is a dangerously incomplete solution to the problems that have caused recent corporate failures. The media and corporate scholars have assigned much of the blame for the 2008 financial crisis and the...

This Essay tackles a pervasive misperception on the part of regulators that director independence significantly increases the efficacy of corporate boards. In this Essay, I assert that such “cosmetic independence” is not enough to remedy the corporate failures of recent years. Cosmetic...

The entrepreneurship of top management is a critical factor for the growth of the firm. Entrepreneurship has a tendency to weaken with the transmission of management from generation to generation, which causes the senescence of the firm. The senescence of entrepreneurship and organizational...

We argue that New Institutional theory and Radical theory can be integrated into a single theoretical framework where the characteristics of technology and property rights influence each other generating multiple, and institutionally stable, Organizational Equilibria. This framework can be...

Turbulent start of the new century has brought new challenges for firms, industries and countries. Success in such times is demanding new perspectives on competitiveness: the ability to compete. Detailed structuring of competitiveness related problems of software firms in India identified...

This Article maintains that the decision in Burwell v. Hobby Lobby, which referred to the corporation as a legal fiction designed to serve the interests of the people behind it, signals the “death of the firm” as a unit of legal analysis in which business entities are treated as more than...

Knowledge-based theorists have developed two primary arguments to explain the existence of firms: one based on avoiding knowledge transfer and the other based on facilitating knowledge transfer. These arguments are not only contradictory, but also fail to predict when hierarchies supplant...

Knowledge-based theorists have developed two primary arguments to explain the existence of firms: one based on avoiding knowledge transfer and the other based on facilitating knowledge transfer. These arguments are not only contradictory, but also fail to predict when hierarchies supplant...