Business Commons^™

The Italian Chamber Of Lords Sits On Listed Company Boards. An Empirical Analysis Of Italian Listed Company Boards From 1998 To 2006 - Presentation (Powerpoint Format), Paolo Santella, Carlo Drago, Andrea Polo

Paolo Santella

No abstract provided.

Alleviating Global Poverty Through Profitable Partnerships: Moral Imagination & Economic Well-Being, Laura Hartman, P. Werhane, D. Moberg, S. Kelley

Laura Hartman

While at least one out of six in the global human population cannot meet the basic demands of survival and they have little ability to buy goods and services, this situation also presents potential new markets for multinational enterprises seeking long-term sustainability. If economic growth is a continuing and positive goal for the planet and for global companies, then, as markets in developed economies become saturated, these new markets provide fresh opportunities to satisfy this objective.

Quashing The Financial Firestorm, Aaron S. Edlin

Aaron Edlin

Start the financial rescue with containment, establish unlimited deposit insurance and continuous access to funds, then move to a well thought-out plan to quash the financial flames.

Linkages Between Industrialization Strategies And Industrial Relations/Human Resource Policies: Singapore, Malaysia, The Philippines, And India, Sarosh Kuruvilla

Sarosh Kuruvilla

The case studies of Singapore, Malaysia, the Philippines, and India presented in this paper support the author's contention that a country's industrialization strategy for economic development profoundly influences its industrial relations (IR) and human resources (HR) policy goals. The author finds that import substitution industrialization was associated with IR/HR policy goals of pluralism and stability, while a low-cost export-oriented industrialization strategy was associated with IR/HR policy goals of cost containment and union suppression. In countries that moved from a low-cost export-oriented strategy to a higher value added export-oriented strategy, the focus of IR/HR policy goals shifted from cost containment to …

Distinguishing Owner Compensation From Profit In Closely Held Companies: In Search Of A Responsibility Premium, Michael Sack Elmaleh

Michael Sack Elmaleh

The application of the income method of valuation requires that owner compensation be distinguished from free cash flow. The “proper” parsing of compensation and free cash flow can be the largest point of contention in contested valuation disputes. The preferred method of parsing is the substitution method which says that the proper allocation should be based on the wage that would have to be paid to a non owner employee. In this article I argue that owner employees carry additional responsibilities that are not normally borne by non owner employees. These additional responsibilities require that a premium be paid the …

The Italian Chamber Of Lords Sits On Listed Company Boards. An Empirical Analysis Of Italian Listed Company Boards From 1998 To 2006 - Presentation (Powerpoint Format), Paolo Santella, Carlo Drago, Andrea Polo

Paolo Santella

No abstract provided.

Pre-Test Assessment, Thomas D. Berry

Thomas D Berry

Building And Construction Trades Unions: Are They Built To Win?, Jeff Grabelsky

Jeffrey Grabelsky

[Excerpt] The evidence of labor's declining power in the economic and political arenas is increasingly clear. Despite the tenacious efforts of talented leaders over the past ten years, the labor movement has still failed to turn the proverbial cornet. Some labor leaders now believe that a dramatic change in strategic direction may be necessary to revitalize labor's fortunes. The emerging debate about labor's future touches every sector of the movement. The building and construction trades are no exception.

How Much Should We Care About Changing Income Inequality In The Course Of Economic Growth?, Gary S. Fields

Gary S Fields

This paper asks how much we should care about changes in Lorenz curves and standard inequality measures when economic growth takes place. I conclude that these changes are of some importance but that other aspects of inequality and poverty are more important.

Leading For The Bottom Line: A View Of Leadership In A Bottom-Line Context, Gary S. Fields , Cory Stern

Gary S Fields

This paper sets out to establish and describe a new approach to leadership called Bottom Line Leadership. The essence of Bottom Line Leadership is that a leader’s most critical responsibility is to clearly identify, communicate and gain buy-in for the ultimate bottom-line objective of the organization he/she leads, subject to constraints imposed by the market and by the organization itself. In comparison to other leadership models that focus on the general attributes or behaviors characterizing effective leaders, Bottom Line Leadership emphasizes the link between an organization’s purpose and a leader’s behavior. The philosophy that serves as the foundation for this …

Does Volatility In Government Borrowing Leads To Higher Inflation? Evidence From Pakistan, Safdar Khan

Safdar Khan

No abstract provided.

An Analysis Of Pakistan’S Vulnerability To Crisis, Safdar Khan

Safdar Khan

No abstract provided.

A Note On Sustained Economic Growth For Pakistan, Safdar Khan

Safdar Khan

No abstract provided.

Estimating Output Gap For Pakistan Economy: Structural And Statistical Approaches, Safdar Khan

Safdar Khan

No abstract provided.

Bayesian Density Forecasting Of Intraday Electricity Prices Using Multivariate Skew T Distributions, Anastasios Panagiotelis, Michael Smith

Michael Stanley Smith

Electricity spot prices exhibit strong time series properties, including substantial periodicity, both inter-day and intraday serial correlation, heavy tails and skewness. In this paper we capture these characteristics using a first order vector autoregressive model with exogenous effects and a skew t distributed disturbance. The vector is longitudinal, in that it comprises observations on the spot price at intervals during a day. A band two inverse scale matrix is employed for the disturbance, as well as a sparse autoregressive coefficient matrix. This corresponds to a parsimonious dependency structure that directly relates an observation to the two immediately prior, and the …

Quarterly Data On The Categories And Causes Of Bank Distress During The Great Depression, Gary Richardson

Gary Richardson

No abstract provided.

The Risk Components Of Liquidity, Lorán Chollete, Randi Naes, Johannes Skjeltorp

Lorán Chollete

No abstract provided.

Закон За Спречување На Корупција Во Локалната Власт: Правни Прашања Поврзани Со Дизајнирање На Прописи И Тела За Спречување На Корупција На Локално Ниво Во Македонија, Bryane Michael

Bryane Michael (bryane.michael@stcatz.ox.ac.uk)

Општините во Република Македонија треба да усвојат прописи за спречување на корупција со цел да ја намалат корупцијата. Овој труд ги разгледува правните прашања поврзани со изработката на такви прописи и обезбедува правен совет за советите на општините за правна и економска анализа потреба за решавање на некои од потешките и подетални прашања. Најважното прашање произлегува од креирањето на модел на пропис кој општините во Македонија (или Заедницата на единиците на локалната самоуправа на Република Македонија) можат да го усвојат со цел воспоставување и работа на тела за спречување на корупција на локално ниво. Анализирана е локацијата на таквите тела, …

Firm Size And Innovation In European Manufacturing, Mario Pianta, Andrea Vaona

Mario Pianta

The paper investigates the differences between small, medium-sized and large firms regarding their performance in the introduction of new products and processes. After a review of the relevant literature, two models are proposed and tested in search for different business strategies and innovation inputs connected to product and process innovations. The empirical analysis uses innovation survey (CIS 2) data at the industry level for 22 manufacturing sectors, broken down in three firm size classes, for eight European countries. Special attention is devoted to tackling the issues of possible endogeneity of the regressors and of unobserved sectoral heterogeneity. The results – …

Innovations, Profits And Wages, Mario Pianta, Massimiliano Tancioni

Mario Pianta

New Process And New Products In Europe And Italy, Mario Pianta, Francesco Crespi

Mario Pianta

Innovation After Lisbon: New Ideas For Innovation Policies In Europe, Mario Pianta, Andrea Vaona

Mario Pianta

Demand And Innovation In Productivity Growth, Mario Pianta, Francesco Crespi

Mario Pianta

The labour productivity impact of demand and innovation is investigated in this paper combining insights from the Kaldorian and Schumpeterian traditions. After a review of studies in such traditions, a general model is proposed for explaining productivity growth in European manufacturing and service industries in the late 1990s, followed by two distinct specifications for the industries oriented toward product innovation, and for those where process innovation dominates. The empirical analysis is based on the match of the SIEPI-CIS2 database developed at the University of Urbino and Eurostat Input–Output Tables at the industry level, for 22 manufacturing sectors and 10 services …

Diversity In Innovation And Productivity In Europe, Mario Pianta, Francesco Crespi

Mario Pianta

The diversity in innovation patterns across manufacturing and service industries and in their outcomes in terms of hourly labor productivity are investigated in this article considering six European countries. The Schumpeterian insights into the variety of innovation are developed in this work by identifying different innovation–performance relationships for industries and countries, relying either on the dominant role of product innovation, or on the diffusion of process improvements. Moreover, the “push” effect of innovation is combined with the “pull” effect of demand, by considering the impact of the dynamics of consumption and investment at the sectoral level. The results point out …

Re-Thinking The Future Of Work: Beyond Binary Hierarchies, Colin C. Williams

Colin C Williams

How will work be organised in the future? This paper reveals that although there are multiple stories about the future of work, a similar storyline is adopted across many of the competing visions. Most visions firstly squeeze all forms of work into one side or the other or some dichotomy and then proceed to temporally and/or normatively sequence the two sides of the dualism and finally label the resultant one-dimensional and linear trajectory as some -ism, -ation or post-somethingor-other. This paper evaluates critically such hierarchical binary narratives (e.g., the shift from informal to formal work, non-commodified to commodified work, localisation …

Tackling Undeclared Work In The European Union, Colin C. Williams

Colin C Williams

No abstract provided.

Analytical Thomism: Traditions In Dialogue, Mario Šilar

Mario Šilar

No abstract provided.