Business Commons^™

Intended And Unintended Consequences Of The Proposed Volcker Rule, Alida S. Skold

Alida S. Skold

Regulation is intended to protect the vulnerable. However, in its present form the unintended consequences of the proposed Volcker Rule has the potential of continuing the liquidity crisis that aided in the degradation of the housing market into decreased liquidity in the capital markets. In addition to increasing costs to the investor and decreasing market efficiency from increased bid ask price spreads, the proposed rule will transfer risk to less regulated financial institutions as new hedge funds open. The risk can have a profound impact on the retirement community through underfunded pension funds searching for absolute returns. Another unintended consequence …

Social Networks, E-Mail Security And The Future Of Posts, Jacob Johnsen

Jacob Johnsen, MSc

Social Media and its effect on postal business

Noción Y Elementos Existenciales Del Título De Crédito, Bruno L. Costantini García

Bruno L. Costantini García

Discernir la noción y elementos de existencia de los títulos de crédito, considerando la doctrina y la denominación expresada en nuestra Ley General de Títulos y Operaciones de Crédito, conceptualizando el término de los documentos que consignan un derecho crediticio propio de su naturaleza y deslindando de manera dogmatica y exegética los elementos que lo forman y le dan su funcionamiento, mediante una visión de las instituciones jurídicas que les dan su existencia y aplicación dentro del devenir de los actos de comercio.

Spend Your Money On Income Generating Activities Rather Than Liabilities, George E. Ekeha

George E Ekeha

Many at times as I walk around town, in the cities and the country sides I try to observe how we live our lives in Ghana. In my previous article, I highlight some very important resources that we are endowed with in this country. We all know that those are just but few and we are proud that we have more resources than some of our neighbours in the Sub-Saharan African countries. One of these resources is the human capital. We can be proud of ourselves to have people who think about the necessity of peace in order to enhance …

Savings Habits Of African Women, The Case Of Ghanaian Market Women, George E. Ekeha

George E Ekeha

Recent economic developments in Africa have led to increased educational opportunities and new jobs for the millions of people living in the continent. Specifically, the development changes have had a significant impact on the female population in the member countries as more and more women continue to gain access to training and education and obtain the skills and qualifications needed to enter into the workforce. Due to these recent developments, women in Africa have been able to gain more control over their own finances. As a result, women entrepreneurs in most African countries have become increasingly important drivers of growth …

Generalidades De La Propiedad Intelectual En México, Bruno L. Costantini García

Bruno L. Costantini García

Presentación de las Generalidades de la Propiedad Intelectual en México (Propiedad Industrial y Derechos de Autor), legislación que la rige, aplicación y modalidades

Public Policy Instruments In (Re)Building National Innovation Capabilities: Cases Of Nanotechnology Development In China, Russia And Brazil, Evgeny A. Klochikhin

Evgeny A. Klochikhin

In 2001 Goldman Sachs named Brazil, Russia, India and China (BRICs) the most rapidly-growing countries in the world capable of surpassing the United States, Japan and Europe as leading economies by 2050.

Nevertheless, for the last decade we have learned relatively little about the mechanisms of success and failure in these countries. All of them have huge territory and population as well as fast-growing economies that sometimes show two-digit rates of GDP growth per year and surprise the world by their increasing budgets and public spending. In the meantime, most of these countries are believed to be desperately struggling against …

Ownership Unbundling In European Energy Market & Legal Problems Under Eu Law, Michael Diathesopoulos

Michael Diathesopoulos

In this paper we will examine the issue of ownership unbundling and forced divestiture remedies imposed in a series of recent competition law cases of the energy market - examined in other papers - in relation to the possible existence of a series of legal obstacles. These energy market decisions belong to a group of antitrust cases in which a structural divestiture remedy has been imposed under the provisions of Article 9 of Regulation 1/2003. This divestiture refers to transmission networks and to generation capacity and is meant to lead to severe structural changes, which are compatible with the findings …

You Don’T Have To Be Big To Be A Multinational, Karl P. Sauvant

Karl P. Sauvant

Karl P. Sauvant, “You Don’t Have to be Big to be a Multinational,” letter to the editor, Financial Times, 25 August 2011.

La Jurisprudencia En México, Bruno L. Costantini García

Bruno L. Costantini García

Breve presentación de la jurisprudencia en México, su aplicación, objetivos y fines para el Derecho Mexicano. ¿Por qué es util para el derecho? ¿Quién la emite?

Notariado Y Correduria Y Su Registro En México, Bruno L. Costantini García

Bruno L. Costantini García

Introducción al Derecho Notarial y Registral en México, cuyo objeto es conocer los elementos de las figuras del notario y del corredor público, la formalización de sus actos y su registro.

Overview Of The Evolution Of China's Central Bank And Monetary Policy: Correlation To The European Union, Alida S. Skold

Alida S. Skold

As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to control inflation and to maintain financial stability as the government transforms itself from a planned economy to a mixed market economy. The transforming economy is moving toward a free market system through series of economic reforms. The correlation between China’s structure and the …

Quality Education And Tailor-Made Skills Development Is Needed To Solve Unemployment Problem In Ghana, George E. Ekeha

George E Ekeha

The issue of unemployment have been one of the major problems in the country for sometime now. Many opinion leaders, youth activist and other concerned groups and individuals have expressed their worries on the issue. In recent times there have been some group calling itself Unemployed Graduate Association of Ghana (UGAG) and many youth groups advocating for pressure on the governments to create jobs in the country as promised in their manifestos. Their intention was to send message out there to leaders about the fact that they have some skills to be implemented on the job markets but cannot find …

Capital Budgeting Practices And Economic Development: A Comparative Study Of Companies In Western Europe And West Africa, George E. Ekeha

George E Ekeha

Over the years, efforts have been made to increase the developmental strides of African countries. Many projects move from donor countries like the United Kingdom and the United State into Africa to help improve the lives of the people. However, these efforts have not been able to redeem Africa from abject poverty and indebtedness to the West. Various projects that are targeted towards the reduction of poverty are normally completed with no changes in the lives of the people. These projects, in my opinion, have not been scrutinised to assess their capabilities of meeting some stated target.

Capital budgeting practices …

Digital Letters, Jacob Johnsen

Jacob Johnsen, MSc

Neil Richmond and Jacob Johnsen believe that now is the time for service providers to bridge the digital and physical worlds.

Disentangling The Different Concepts Of Distance: A Lexicographic Exploration Of The Past 20 Years Of The Journal Of International Business Studies, Laetitia Em

Laetitia EM

This empirical study aims at a better understanding of the various types of distance (cognitive, cultural, geographic, institutional, psychic) present in International Business literature. As the lexicographic and content analysis reveals, some are often mixed up and therefore not adequately operationalized. Based on the last 20 years of publications of the Journal of International Business Studies, this paper indicates for each type of distance how they are defined, operationalized, what they are applied to, and how they are related to the other types of distance.

Overcoming Liability For Foreignness, Karl P. Sauvant

Karl P. Sauvant

Karl P. Sauvant, "Overcoming Liability for Foreignness,” op. ed., China Daily, 23 May 2011.

Learning From Experience: An Interview With Three Experts, Karl P. Sauvant

Karl P. Sauvant

Interview, under the title “Learning from Experience: An Interview with Three Experts,” Political Risk Insurance Newsletter, vol. VII, issue 1, May 2011, pp. 1, 4-8.

Competition Law And Sector Regulation In The European Energy Market After The Third Energy Package: Hierarchy And Efficiency, Michael Diathesopoulos

Michael Diathesopoulos

The aim of this research is to provide the basic parameters for a model for the definition of the relation between the general competition and sector specific frameworks and rules regarding the regulation of the Internal Energy Market, especially after the Third Energy Package. The research considers the recent sector specific framework in relation to a series of recent competition law cases of the Energy Market where structural remedies were applied under the commitments procedure. Essential facilities doctrine and generally competition law tools do not seem to provide a suitable framework for effectively addressing the dynamic competition concept, treating the …

The Banks In Ghana Reported Huge Increase In Profit, George E. Ekeha

George E Ekeha

The past few months ago, we have been inundated by news about the banks’ profit. If we take a glance at their published accounts in the dailies, we could see how most of them had a jump in their profits over the years. Some had as much as 900% rise in their profit. Amazing, isn’t it? We have heard the officials of these banks tried to justify the huge spread in their lending and the borrowing rates, blaming it on various issues like non-performing loans and overhead costs and many others, refer to my previous article. They claimed they cannot …

Be Careful About The Menace Of The Banks And Microfinance Companies, George E. Ekeha

George E Ekeha

Currently, according to the Ghana Banking Survey 2010 by PriceWaterHouseCoopers, there are twenty six (26) registered banks with over 740 branches operating in the country offering several products designed to attract the average Ghanaian (with more in the pipeline because of the oil flow). Some years ago (may be 10 years or more), there were very few banks in the country with their products mostly designed towards the elite few. It was a common thing to see very long and winding queues extending several kilometres outside the banking halls of most of these banks. Especially the Ghana Commercial Bank (GCB), …

China: Inward And Outward Foreign Direct Investment, Karl P. Sauvant

Karl P. Sauvant

Karl P. Sauvant, “Preface,” in Hugh Deng, Hang Wu, Gloria Yuan, and Jingfeng Zhao, eds., Transnational Corporations in China: Research and Development (Ottawa: Ottawa Learning Academy, The School of Economics and Management and Northwest University (China), 2010). The text was reprinted (slightly adapted), under the title “China: Inward and Outward Foreign Direct Investment,” in Transnational Corporations Review, vol. 3, no. 1 (March 2011), pp. i-iii.

Let Us Spend Our Money On Income Generating Activities Rather Than Liabilities, George E. Ekeha

George E Ekeha

Many at times as I walk around town, in the cities and the country sides I try to observe how we live our lives in Ghana. In my previous article, I highlight some very important resources that we are endowed with in this country. We all know that those are just but few and we are proud that we have more resources than some of our neighbors in the Sub-Saharan African countries. One of these resources is the human capital. We can be proud of ourselves to have people who think about the necessity of peace in order to enhance …

Cv, Lorán Chollete

Lorán Chollete

No abstract provided.

International Diversification: An Extreme Value Approach, Lorán Chollete, Victor De La Peña, Ching-Chih Lu

Lorán Chollete

No abstract provided.

The Synergizing Principles, Dave Robinson Dr.

Dave Robinson Dr.

No abstract provided.

Chinese Reverse Mergers, Accounting Regimes, And The Rule Of Law In China, Benjamin A. Templin

Benjamin A. Templin

In 2010, federal regulators and politicians became increasingly concerned over the accounting practices of Chinese companies that trade on U.S. stock exchanges. In particular, the Securities and Exchange Commission (“SEC”) targeted companies that went public through a process called the reverse merger. The instances of fraud became so widespread, regulators and commentators coined the term Chinese Reverse Merger (“CRM”) in order to describe a sector where investors assume the risk of accounting irregularities. Although CRMs must comply with international accounting standards, a weak rule of law in China has resulted in poor implementation and enforcement of its accounting regime. U.S. …

Hybrid Mail Is Giving Developing Countries A Push, Jacob Johnsen

Jacob Johnsen, MSc

Jacob Johnsen provides us with an account of how in emerging posts, hybrid mail is opening up more new opportunities and is doing so in ways that are different to the experience of posts in developed countries.

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, 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 …