Stakeholder engagement is related to the fundamental principle of corporate social responsibility (“CSR”) that calls for companies to acknowledge that their businesses do not and cannot exist in isolation and rely heavily on their relationships with customers, employees, suppliers,...

In order to understand whether someone is being an effective manager it is necessary to have some idea of the expectations regarding the person’s roles and activities within the organization. A number of different approaches have been taken in creating models of managerial functions or...

As with other topics that have been intensely reviewed in the management literature, there is a wide array of definitions of the term “management style”. A fairly simple approach is to view management style simply as the way that an organization is managed. Management style has been defined...

Researchers and commentators have attempted to identify the skills, motivations and behaviors that managers and administrators must have in order to effectively carry out their duties and responsibilities. The search has led to a plethora of suggestions and the challenge is to devise methods for...

In general, a compliance program can be understood to be an internal management system that educates the officers and employees of a company about laws and regulations relevant to the business activities of the company and establishes processes and procedures to guide and monitor the behavior of...

In order to know whether or not the corporate social responsibility (“CSR”) initiative and its related commitments are actually improving the company’s performance it is necessary to have in place procedures for reporting and verification, each of which are important tools for measuring...

Today even the smallest business can choose from among a wide array of potential sources of capital. In most cases, however, the selection is dictated by the stage of development of the company and the anticipated growth potential of the business in the future. Among the possible sources to...

When contemplating the need and desire to raise capital for use in launching a new business or expanding an existing one, consideration must be given to the type of securities that will be offered and sold to investors. Assuming that the business is operating in the corporate form, a choice must...

Businesses seeking capital to finance current operations and growth must tap into available “financial systems,” which develop locally, nationally and even globally to facilitate channeling of funds from agents with surpluses to agents with deficits. Researchers looking to analyze and...

While some founders may be able to raise financing from venture capitalists without a complete business plan or finished product prototype because of their previous track record and existing relationships with those types of investors, the more likely scenario is that founder will need to find...