The Impact Of Corporate Governance On Value Creation In Entrepreneurial Firms,
2011
Singapore Management University
The Impact Of Corporate Governance On Value Creation In Entrepreneurial Firms, Wee Liang Tan, Teck Meng Tan
Wee Liang TAN
The compliance with codes of corporate governance has become the norm for listed firms all over the world. In most countries, entrepreneurial firms do not have to comply with such codes but it has been argued that such codes should also apply to these small medium enterprises (SMEs). Since corporate governance forms the environment for the internal activities of a company and appropriate environmental conditions are crucial for corporate entrepreneurship to flourish in a company, it is apt that these two topics be discussed in relation with each other. Corporate governance mechanisms may dampen value creation in firms if appropriate …
Good Faith In Revlon-Land,
2011
University of Georgia School of Law
Good Faith In Revlon-Land, Christopher M. Bruner
Scholarly Works
The Delaware Supreme Court has set a very high hurdle for plaintiffs challenging directors' good faith in the sale of a company. In Lyondell Chemical Company v. Ryan, the court held that unconflicted directors could be found to have breached the good faith component of their duty of loyalty in the transactional context only if they "knowingly and completely failed to undertake," and "utterly failed to attempt" to discharge their duties.
In this essay I argue that the Lyondell standard effectively imports into the transactional context the exacting standard previously applied in the oversight context — a move clearly aimed …
The Never Ending Attraction Of The Ponzi Scheme,
2011
Sacred Heart University
The Never Ending Attraction Of The Ponzi Scheme, Pearl Jacobs, Linda Schain
Criminal Justice Faculty Publications
In the 1920’s, Charles Ponzi engaged in a notorious money making scheme. This scheme had been tried before but no one prior to Charles Ponzi had managed to swindle millions of dollars out of unsuspecting people. Thus, the scheme bears his name. In December 2008, Bernard Madoff, a major Ponzi schemer, was exposed. He managed to con investors out of over $65 billion over a thirty year period. Madoff was a highly respected financial expert. The investors were mostly well educated and supposedly financially savvy. How did this happen? This paper will examine some theories which may help explain both …
Csr 2.0: Transforming The Role Of Business In Society,
2011
Singapore Management University
Csr 2.0: Transforming The Role Of Business In Society, Wayne Visser
Social Space
Corporate Social Responsibility (or CSR) comes in different forms and shades. But according to Wayne Visser, it also comes in different stages, most of which have failed. Save, perhaps, for one.
The Politics Of Carbon Disclosure As Climate Governance,
2011
Georgia Institute of Technology - Main Campus
The Politics Of Carbon Disclosure As Climate Governance, Janelle Knox-Hayes, David Levy
Management and Marketing Faculty Publication Series
The rapid growth in carbon disclosure in recent years represents a major success in the struggle to build awareness and action on climate change. The growth of carbon disclosure is the result of three core drivers: regulatory compliance, pressure from non-governmental organizations (NGOs) and managerial information systems intended to facilitate participation in carbon markets, reduce energy costs and manage reputational risks. In this essay, we argue that the strategies pursued by ‘institutional entrepreneurs’ have played a key role in the successful institutionalization of carbon disclosure by bringing together companies, NGOs and government agencies. The Carbon Disclosure Project (CDP), in particular, …
Given An Illiquid, Yet Transparent Market, Is It Ethical For Management Of Banks To Use Level 3 Inputs To Increase The Fair Value Of Mortgage-Backed Securities, When Level 2 Valuations Are Available?,
2011
George Fox University
Given An Illiquid, Yet Transparent Market, Is It Ethical For Management Of Banks To Use Level 3 Inputs To Increase The Fair Value Of Mortgage-Backed Securities, When Level 2 Valuations Are Available?, Joshua Sauerwein, Seth Sikkema
Faculty Publications - College of Business
No abstract provided.
Workplace Learning: Organizations, Ethics, And Issues,
2011
George Fox University
Workplace Learning: Organizations, Ethics, And Issues, Craig E. Johnson
Faculty Publications - College of Business
The rhetoric surrounding workplace learning is overwhelmingly positive. Boud and Garrick (1999) declare, for example: “Learning at work has become one of the most exciting areas of development in the dual fields of management and education” (p. 1). Advocates promise that education on the job will promote economic prosperity, empower workers, foster collaboration, encourage lifelong learning, and reduce the need for organizational hierarchy (Fenwick, 1998). Government policy makers, human resource professionals, college administrators and faculty, employees, union officials, and executives all support corporate learning. Even the term “workplace learning” has positive connotations. This phrase makes older terms like “vocational education” …
Hotel Managers Identify Ethical Problems: A Survey Of Their Concerns,
2011
Elon University
Hotel Managers Identify Ethical Problems: A Survey Of Their Concerns, Betsy Stevens
Hospitality Review
This study identified and examined the concerns of hotel general managers regarding ethics in the hospitality industry. Thirty-five managers were interviewed during and immediately following the economic recession to determine which ethical issues in the hotel industry and at their own properties concerned them the most. Results showed that more people and organizations attempted to renegotiate hotel rates, which actions, in turn, led to some lapses in ethical behavior. Managers said that because of the economic downturn, they felt pressure from both private owners and corporate headquarters. They also said a lack of work ethic, low motivation, and low pay …
Update Report: Missouri’S Dirty Dozen,
2011
WellBeing International
Update Report: Missouri’S Dirty Dozen, The Humane Society Of The United States
PUPPY MILL INFORMATION
Late last year, researchers at The Humane Society of the United States (HSUS) spent weeks poring over state and federal inspection reports, investigators’ photographs, and enforcement records to compile a list of some of the worst puppy mills in Missouri, known as “Missouri’s Dirty Dozen.” The report included direct quotes detailing horrific care violations documented in the facilities’ federal and/or state kennel inspection reports. The violations included thin-coated breeds like Italian greyhounds found shivering in the cold in temperatures as low as 9 degrees, dogs with open, oozing or bleeding sores, underweight dogs with their entire skeletal structures showing, and …
The Role Of The Site Selector,
2011
University of South Carolina
The Role Of The Site Selector, Andrew H. Shapiro
South Carolina Journal of International Law and Business
No abstract provided.
Wittgenstein And The Challenge Of Global Ethics,
2011
Fordham University
Wittgenstein And The Challenge Of Global Ethics, Julian Friedland
Julian Friedland
No abstract provided.
Legal And Ethical Challenges Of Corporate Social Networking,
2011
Boise State University
Legal And Ethical Challenges Of Corporate Social Networking, Gundars Kaupins, Susan Park J.D.
Susan Park
Many corporations have embraced online social networking to supplement their marketing programs and communications with employees, customers, vendors, and others. Corporations also use social networking to discover inappropriate employee behavior, encourage productivity, recruit individuals, and investigate job applicants and current employees.
The Synergizing Principles,
2011
Academy of Business Acumen
Collective Choice,
2011
.
Collective Choice, Justin Schwartz
Justin Schwartz
This short nontechnical article reviews the Arrow Impossibility Theorem and its implications for rational democratic decisionmaking. In the 1950s, economist Kenneth J. Arrow proved that no method for producing a unique social choice involving at least three choices and three actors could satisfy four seemingly obvious constraints that are practically constitutive of democratic decisionmaking. Any such method must violate such a constraint and risks leading to disturbingly irrational results such and Condorcet cycling. I explain the theorem in plain, nonmathematical language, and discuss the history, range, and prospects of avoiding what seems like a fundamental theoretical challenge to the possibility …
The Ethics Of Carbon Neutrality: A Critical Examination Of Voluntary Carbon Offset Providers,
2011
DePaul University
The Ethics Of Carbon Neutrality: A Critical Examination Of Voluntary Carbon Offset Providers, K. Kathy Dhanda, Laura Hartman
Laura Hartman
In this paper, we explore the world’s response to the increasing impact of carbon emissions on the sobering threat posed by global warming: the carbon offset market. Though the market is a relatively new one, it has quickly spawned countless offset providers under both regulated and voluntary regimes. Due to the naïveté of some stakeholders who participate in the market surrounding its rather technical aspects, no common quality or certification structure has emerged for providers. In fact, there are claims to the contrary, that a somewhat ‘cowboy’ atmosphere exists, and that there are “widespread instances of people and organizations buying …
Development, Poverty And Business Ethics,
2011
DePaul University
Development, Poverty And Business Ethics, Laura Hartman, Patricia Werhane
Laura Hartman
Proposals surrounding poverty alleviation are greatly affected by the ways in which we think about people living in conditions of extreme poverty. The success or failure of those proposals, when operationalized, depends upon our mental models and the ways in which we calibrate and then integrate the narratives we encounter. While others have envisioned a role for multinational enterprises (MNEs) in alleviating global poverty, these schemes lack the catalysts of moral imagination and systems thinking necessary to modify MNE mental models toward sustainable solutions that also create board-based stakeholder value. We will outline the parameters of the challenge, explain the …
Development, Poverty And Business Ethics,
2011
DePaul University
Development, Poverty And Business Ethics, Laura Hartman, P. Werhane, K. Clark
Laura Hartman
Proposals surrounding poverty alleviation are greatly affected by the ways in which we think about people living in conditions of extreme poverty. The success or failure of those proposals, when operationalized, depends upon our mental models and the ways in which we calibrate and then integrate the narratives we encounter. While others have envisioned a role for multinational enterprises (MNEs) in alleviating global poverty, these schemes lack the catalysts of moral imagination and systems thinking necessary to modify MNE mental models toward sustainable solutions that also create board-based stakeholder value. We will outline the parameters of the challenge, explain the …
‘Connecting The World Through Games’: Creating Shared Value In The Case Of Zynga’S Corporate Social Strategy,
2011
DePaul University
‘Connecting The World Through Games’: Creating Shared Value In The Case Of Zynga’S Corporate Social Strategy, Laura Hartman, E. Mead, D. Christman, P. Werhane
Laura Hartman
When using cases to teach corporate strategy and ethical decision-making, the aim is demonstrate to students that leadership decision-making is at its most effective when all affected stakeholders are considered, from shareholders and employees, to the local, national, and global societies in which the company operates. This paper challenges the obstructive perception of many Corporate Social Responsibility (CSR) advocates that the interests of private organizations in the alleviation of social problems should not be vested, but instead should originate from charitable purposes. We evaluate an alternative approach to the role of business in contributing to social progress - Creating Shared …
Board Diversity And Firm Performance: The Indonesian Evidence,
2011
Indonesian Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK)
Board Diversity And Firm Performance: The Indonesian Evidence, Salim Darmadi
Salim Darmadi
This paper examines the associations between diversity of board members and financial performance of the firms listed on the Indonesia Stock Exchange (IDX). Three demographic characteristics of board members—gender, nationality, and age—are used as the proxies for diversity. Using a sample of 169 listed firms, this study finds that both accounting and market performance have significant negative associations with gender diversity. Nationality diversity is found to have no influence on firm performance. In contrast, the proportion of young members is positively related to market performance, providing evidence that young people in the boardrooms are associated with improved financial performance.
Electronic Perceived Service Quality: Results From A Cross-National Study In The Context Of Mobile Internet Services,
2011
Yonsei University
Electronic Perceived Service Quality: Results From A Cross-National Study In The Context Of Mobile Internet Services, Pavlos A. Vlachos, George Giaglis, Inseong Lee, Adam Vrechopoulos
Pavlos A Vlachos
Work on how consumers evaluate electronic service quality is both topical and important due to the well-accepted criticality of electronic channels in selling products and services. However, most of the relevant research on electronic research quality is preoccupied with the website Internet context and most of the studies are singlecountry studies, inhibiting conclusions of generalizibility. Theoretically rooted in the Nordic Model of perceived service quality, this exploratory study uses an e-service quality scale to measure mobile Internet service quality in different national settings. Consistent with the available e-service quality literature, results indicate that e-service quality is a second-order factor, with …
