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Multinational Corporations, Governance Deficits, and Corruption

(Public Goods Example 2: A Good Legal System)

Author: Novartis Foundation
Product Type: Essays and Concept Papers
Source: The Global Development Research Center
Publication Year:

Faculty Rating: 3 stars3 stars3 stars3 stars3 stars [1 Faculty Rating] 2030 views

A web essay from Novartis Foundation discussing corruption in both developing and developed countries. The different types of corruption are summarized. The article also mentions that ethical corporate behavior by some companies may encourage other companies to do likewise.

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Unrealized Potential: Misconceptions about Corporate Purpose and New Opportunities for Business Education

Author: Padro, Miguel
Product Type: Essays and Concept Papers
Source: The Aspen Institute Business and Society Program
Publication Year: 2014

[This document has not yet been rated] 244 views

We clarify the widespread assumption that shareholders own the corporation, then explore the implications for what is being taught to business students about value creation, risk, accountability, good management, and good governance. Business education is uniquely positioned to develop business leaders and investors who exercise sound judgment, resist the allure of the short term, and thus help realize the full potential of the corporate form.

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The Meaning of "Social Entrepreneurship"

Author: Dees, J. Gregory
Product Type: Essays and Concept Papers
Source: Fuqua School of Business, Duke University
Publication Year: 2001

[This document has not yet been rated] 186 views

Though the concept of "social entrepreneurship" is gaining popularity, it means different things to different people. This can be confusing. Many associate social entrepreneurship exclusively with not-for-profit organizations starting for-profit or earned-income ventures. Others use it to describe anyone who starts a not-for-profit organization. Still others use it to refer to business owners who integrate social responsibility into their operations. What does "social entrepreneurship" really mean? What does it take to be a social entrepreneur?

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2006 Program-Related Investments Conference Summary

Authors: Arrillaga-Andreessen, Laura; Spitzer, Joshua
Product Type: Essays and Concept Papers
Source: Stanford Graduate School of Business
Publication Year: 2006

[This document has not yet been rated] 184 views

In January 2006, the PRI Makers Network and Stanford Graduate School of Business’s Center for Social Innovation sponsored the first annual Program-Related Investments (PRI) Conference in Palo Alto, California. This summary presents key issues addressed in the conference and features several case studies that illustrate them.

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2004 Venture Philanthropy Summit Overview

Authors: Arrillaga-Andreessen, Laura; Hoyt, David
Product Type: Essays and Concept Papers
Source: Stanford Graduate School of Business
Publication Year: 2005

[This document has not yet been rated] 228 views

On September 30, 2004, approximately 250 practitioners and academics met at Stanford University to discuss the rapidly developing field of venture philanthropy. This paper provides an overview of the conference.

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Philanthropy in America: An Historical and Strategic Overview

Authors: Arrillaga-Andreessen, Laura; Hoyt, David
Product Type: Essays and Concept Papers
Source: Stanford Graduate School of Business
Publication Year: 2004

[This document has not yet been rated] 175 views

This paper traces the development of philanthropy from early colonial days through the formation of the first great philanthropic foundations in the late 19th and early 20th centuries.

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Introduction to Social Return on Investment

Authors: Arrillaga-Andreessen, Laura; Hoyt, David
Product Type: Essays and Concept Papers
Source: Stanford Graduate School of Business
Publication Year: 2004

[This document has not yet been rated] 198 views

Investors in for-profit companies have clear measures of company performance in meeting their economic objectives. However, the effectiveness of investments in not-for-profit organizations is more difficult to measure...

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Corporate Philanthropy

Authors: Arrillaga-Andreessen, Laura; Hoyt, David
Product Type: Essays and Concept Papers
Source: Stanford Graduate School of Business
Publication Year: 2005

[This document has not yet been rated] 225 views

This short paper introduces considerations in corporate philanthropy...

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The Business Case for Being a Responsible Business

Authors: Exter, Nadine; Turner, Charlotte
Product Type: Essays and Concept Papers
Source: Business in the Community; Doughty Centre for Corporate Responsibility, Cranfield School of Management
Publication Year: 2011

[This document has not yet been rated] 293 views

The way we do business is changing. What is needed is a form of capitalism that is driven by businesses which not only think about the short term returns but also about building longer term sustainable businesses that create economic, environmental and social value...

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The Value of ESOPs in Engineering Firms

Author: Roback, Thomas, Jr.
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2012

[This document has not yet been rated] 314 views

While all kinds of businesses become employee stock ownership plan (ESOP) companies, there is a large percentage of engineering firms that have chosen the ESOP structure. Why so?

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Employee Ownership Companies on the Hunt - Acquisitions by ESOP Companies

Author: Staubus, Martin
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2012

[This document has not yet been rated] 263 views

With ESOPs now formed almost entirely at very healthy companies – and many of those enjoying the unique cash flow benefits of operating as ESOP-owned S corporations – a growing number of these companies have become the predators of the M&A jungle...

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REDF Box Set — Social Purpose Enterprises and Venture Philanthropy in the New Millennium

Author:
Product Type: Essays and Concept Papers
Source: REDF
Publication Year: 1999

[This document has not yet been rated] 412 views

REDF and its Portfolio members produced this three volume set to answer questions about practitioner perspectives, investor perspectives, and practitioner profiles.

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Because It's Right: Effective Arguments for Green Supply Chains

Author: Knowledge@W.P. Carey
Product Type: Essays and Concept Papers
Source: Knowledge@W.P. Carey
Publication Year: 2012

[This document has not yet been rated] 551 views

The effectiveness of environmental advocates inside organizations depends a great deal on their choice of influence tactics, and some of the most promising options are often overlooked...

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Re-booting Capitalism: The Action Agenda for Business

Authors: Grayson, David; McLaren, Melody
Product Type: Essays and Concept Papers
Source: Ethical Corporation
Publication Year: 2012

[This document has not yet been rated] 614 views

Capitalism is living in interesting times. Politicians, academics and activists around the world are debating the merits of the capitalist system, and how and if it could be improved...

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Teaching Business at a Liberal Arts College

Author: Nesteruk, Jeffrey
Product Type: Essays and Concept Papers
Source: Inside Higher Ed
Publication Year: 2008

[This document has not yet been rated] 390 views

Bringing business education and the liberal arts into close proximity, as happens at many small liberal arts colleges today, can unsettle the assumptions of each. But if done well there are tremendous benefits, certainly to business education and, surprisingly to many, also to the liberal arts. The key to a business program flourishing at a liberal arts college is threefold: blending, bridging, and building...

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The 2012 Election Cycle: An Embarrassing Circus, Perhaps, but a Great Opportunity for Employee Ownership, for Sure

Author: Mathews, Anthony
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2012

[This document has not yet been rated] 330 views

It is time to make the case that employee ownership is a solution to a lot of what is wrong with our country, and we need to continue to promote the concept until we have 30,000 or 40,000 employee-owned companies rather than the static 10,000 we have had for the last decade or more. If we can do that, we will have put a large part of the country on a much stronger footing, and moved toward solving some fundamental economic and social problems...

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Restoring the Primacy of the Real Economy

Author:
Product Type: Essays and Concept Papers
Source: 2009 Summit of the Future of the Corporation
Publication Year: 2009

[This document has not yet been rated] 369 views

The topic of corporate purpose and structure has shifted from relative obscurity to front page headlines as all stakeholders grapple with the worst economic recession in decades. The papers in this document pay special attention to the purpose, regulation and restructuring of the financial sector at both the global and national levels...

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Don't Buy This Jacket, Black Friday and the New York Times

Author:
Product Type: Essays and Concept Papers
Source: The Cleanest Line
Publication Year: 2011

[This document has not yet been rated] 732 views

Why run an ad in The New York Times on Black Friday telling people, “Don’t Buy This Jacket”? Patagonia argues that businesses need to make fewer things but of higher quality. Customers need to think twice before they buy.

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More than Merely Sustainable

Author: Mathews, Anthony
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2010

[This document has not yet been rated] 472 views

The sustainability debate continues in the employee-ownership community. The fear that employee-owned companies will not be strong enough to survive without significant outside capital, which will end their employee ownership, is still very widespread...

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The CEO's Role in Fixing the System

Author:
Product Type: Essays and Concept Papers; Magazine / Newspaper Articles; Multimedia
Source: Harvard Business Review
Publication Year: 2011

[This document has not yet been rated] 426 views

This Harvard Business Review Forum on the CEO’s role in fixing capitalism is an interactive resource that highlights emerging thinking around one of today’s most important issues.

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The Global Peace Index and Multi-National Attitude Research

Author: Program on International Policy Attitudes (PIPA) at the University of Maryland
Product Type: Essays and Concept Papers
Source: The Institute for Economics and Peace
Publication Year: 2009

[This document has not yet been rated] 359 views

In order to examine how people’s attitudes and beliefs in different nations may be related to their peacefulness, the Program on International Policy Attitudes (PIPA) at the University of Maryland has gathered multi-national attitude research and correlated it with the Global Peace Index.

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Defining Peace Industries and Calculating the Potential Size of a Peace Gross World Product by Country and by Economic Sector

Authors: Brauer, J.; Tepper-Marlin, J.
Product Type: Essays and Concept Papers
Source: The Institute for Economics and Peace
Publication Year: 2009

[This document has not yet been rated] 501 views

This paper outlines a definition of peace industries (economic sectors whose market size tends to increase with increasing peacefulness and decrease with decreasing peacefulness) in a systematic, readily measurable, and replicable way, and begins to estimate the economic effects of the cessation of violence and the occurrence of peace, including break down these effects not only by but also by economic sectors and subsectors.

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Use Equity (Stock) to Motivate Your Key Employees

Authors: Honeycutt, Paul; Smith, Ronald
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2011

[This document has not yet been rated] 758 views

Business owners who set up employee incentive plans generally do so to motivate their employees to work harder and smarter. There are several types of equity-based incentive plans owners can use to achieve these purposes...

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Ownership and Outcomes

Author: Thompson, Peter B.
Product Type: Essays and Concept Papers
Source: University of Illinois at Chicago
Publication Year: 2005

[This document has not yet been rated] 466 views

The relationship between employee ownership and desirable organizational outcomes is well documented, but the cause, if any, is not.

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Leader Values, the Structure of Employee Stock Ownership Plans, and Organizational Outcomes

Author: Thompson, Peter B.
Product Type: Essays and Concept Papers
Source: University of Illinois at Chicago
Publication Year: 2003

[This document has not yet been rated] 422 views

What is the relationship between the personal philosophy (as it relates to the management of the firm) of leaders of employee-owned companies and the structure of their employee stock ownership plans?

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Topic: Nuclear Energy

Author:
Product Type: Essays and Concept Papers; Magazine / Newspaper Articles; Web Sites
Source: The Aspen Institute Center for Business Education
Publication Year: 2011

[This document has not yet been rated] 987 views

A list of resources from around the Web about nuclear energy. This selection includes articles, editorials, and other material as a way to help faculty use current events to discuss nuclear energy and its relationship to society, business and government within the curriculum.

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Social Intrapreneurs — An Extra Force for Sustainability

Authors: Grayson, David; McLaren, Melody; Spitzeck, Heiko
Product Type: Essays and Concept Papers
Source: Doughty Centre for Corporate Responsibility, Cranfield University
Publication Year: 2011

[This document has not yet been rated] 1372 views

Social intrapreneurs are people within a large corporation who take direct initiative for innovations which address social or environmental challenges profitably. This occasional paper examines how individuals, businesses and Civil Society organisations interact to create sustainable value for business and for society at large. It focuses on the contribution that social intrapreneurs can make to this.

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Employee Ownership as Creative Capitalism

Author: Durwood, Ben
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2010

[This document has not yet been rated] 771 views

Employee ownership plans transform a company’s culture, because employees adopt the mentality of owners; they work harder and become more involved in process improvement and cost management, causing their company’s net income to increase at a faster rate.

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Building a System of Trust: Ten Hidden Secrets of Success in Employee-Owned Companies

Authors: Staubus, Martin; Lynch, Robert Porter
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2010

[This document has not yet been rated] 839 views

The great potential of employee ownership to improve business performance lies in its capacity to bring people together to work as a team toward shared success.

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Trends in Employee Ownership: Important Demographic Developments

Author: Staubus, Martin
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2010

[This document has not yet been rated] 878 views

As the baby boom approaches retirement, prospects for employee ownership are ramping up...

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A New Framework of Employee Engagement

Author: Castellano, William G.
Product Type: Essays and Concept Papers
Source: Rutgers Center for Human Resource Strategy
Publication Year: 2009

[This document has not yet been rated] 1090 views

In a world that is changing both in terms of the global nature of work and the diversity of the workforce, engaged employees may be a key to competitive advantage.

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Business Responses to Environmental and Social Protection Policies: Toward a Framework for Analysis

Authors: Rivera, Jorge; Oetzel, Jennifer; deLeon, Peter; Starik, Mark
Product Type: Essays and Concept Papers
Source: Springer Science+Business Media, LLC
Publication Year: 2009

[This document has not yet been rated] 762 views

This conceptual paper seeks to advance neo-institutional work that has traditionally portrayed environmental and social protection policies as constraints followed by businesses.

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Managing an Employee-Owned Company. It's Different. It's Better.

Author: Staubus, Martin
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2010

[This document has not yet been rated] 1158 views

Ask Don about what it's like to run a company where the employees are stockholders, and he can wax warm and fuzzy.

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Perpetuating an Ownership Culture

Author: Binns, David
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2010

[This document has not yet been rated] 1396 views

In its summer, 2003 issue, Business Ethics magazine highlighted "The Legacy Problem" whereby the culture and vision of a number of socially conscious corporations was being lost when the companies were acquired by larger firms.

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Teams, Not Stars, Are the Key to High Performance

Author: Staubus, Martin
Product Type: Essays and Concept Papers
Source: The Beyster Institute
Publication Year: 2010

[This document has not yet been rated] 6050 views

It's all well and good that a shared ownership stake may promote a team orientation, but does teamwork necessarily translate into superior business results?

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The Impact of the Second-hand Clothing Trade on Developing Countries

Authors: Baden, Sally; Barber, Catherine
Product Type: Essays and Concept Papers
Source: Oxfam
Publication Year: 2005

[This document has not yet been rated] 1286 views

The global trade in second-hand clothing is worth more than $1 billion each year. Supporters of the SHC industry point out that the trade creates employment in the receiving countries and provides low-cost clothing for people living in poverty. At the same time, however, there are concerns that the trade may be undermining local textile and garment industries, and livelihoods in some developing countries.

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The Accountable Corporation

Author: Hanson, Kirk O.
Product Type: Books / Book Chapters; Essays and Concept Papers
Source: Praeger
Publication Year: 2005

[This document has not yet been rated] 928 views

This landmark set of essays brings new clarity to the issues of business ethics, social responsibility, and accountability, as societies around the world begin to hold corporations and their leaders to higher standards of conduct.

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A New View of Society, Or, Essays on the Principle of the Formation of the Human Character, and the Application of the Principle to Practice

Author: Owen, Robert
Product Type: Essays and Concept Papers
Source:
Publication Year: 1816

[This document has not yet been rated] 686 views

Robert Owen founded New Lanark, a Scottish cotton mill town he started as a model utopian community. Owen saw the town as a demonstration of the ways in which the evils of poverty, social disadvantage and ignorance could be overcome through imaginative education, fair discipline, regular work, good housing and health care.

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Caring and sharing: the co-owned route to better care

Author: Wheatcroft, Dave
Product Type: Essays and Concept Papers; Policy and Issue Reports
Source: Employee Ownership Association
Publication Year: 2007

[This document has not yet been rated] 893 views

Launched at a reception at Newcastle's Centre for Life, this EOA paper by Dave Wheatcroft is the story of award winning employee owned Sunderland Home Care Associates and how founder Margaret Elliott and co-owners have built a family of enterprises lifting care standards in the North of England.

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From Colleagues to Owners

Transferring ownership to employees

Author: Bibby, Andrew
Product Type: Essays and Concept Papers; Cases
Source: The Employee Ownership Association
Publication Year: 2009

[This document has not yet been rated] 1499 views

Based on ten case studies, the report explains what motivated a highly diverse mix of businesses to consider employee ownership as a succession or start up route.

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Binary Economics: The Economic Theory that Gave Rise to ESOPs

Author: Ashford, Robert
Product Type: Essays and Concept Papers
Source: Syracuse University, Owners At Work
Publication Year: 2006

[This document has not yet been rated] 926 views

ESOPs are part of a broader approach to expanded capital ownership, broader prosperity, and economic justice known as binary economics. Binary economics was first advanced by Louis Kelso, who is also widely known as the inventor of the ESOP.

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When Workers Share in Profits: Effort and Responses to Shirking

CEP Discussion Paper No 882

Author: Freeman, Richard B.
Product Type: Essays and Concept Papers; Research Notes / Working Papers
Source: Centre for Economic Performance
Publication Year: 2008

[This document has not yet been rated] 1212 views

This paper summarizes new evidence from the “Shared Capitalism” Project on the extent to which workers’ earnings depend on the performance of their firm or work group in the US and advanced European countries and on the impact of sharing arrangements on economic behavior.

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Who Uses Broad-Based Stock Option Grants After An IPO

Abstracted from: Broad-Based Employee Stock Options Grants And IPO Firms

Authors: Roosenboom, Peter; van der Groot, Tjalling
Product Type: Essays and Concept Papers; Journal Articles
Source: Bowne, Routledge, Applied Economics - Vol. 38, No. 12, Pgs. 1343-1351
Publication Year: 2006

[This document has not yet been rated] 1250 views

CFOs may wonder about the best ways to keep stock-owning employees committed to the company after an IPO. Research by corporate finance professors Peter Roosenboom and Tjalling van der Groot shows a decrease in insiders' stock ownership from 52.1% before the IPO to 34% afterward, an indication of the powerful financial lure a post-IPO stock sale presents.

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Employee ownership and human resource management: a theoretical and empirical treatise with a digression on the Dutch Context

Doctoral Dissertation

Author: Kaarsemaker, Eric
Product Type: Research Notes / Working Papers; Essays and Concept Papers
Source: E.C.A. Kaarsemaker
Publication Year: 2006

[This document has not yet been rated] 1444 views

What are the effects of employee ownership, and of the internal fit between employee ownership and the HRM system, on HRM outcomes and firm performance?

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Internal Financial Controls in the U.S. Catholic Church

Authors: West, Robert; Zech, Charles
Product Type: Essays and Concept Papers
Source: Edwards, Inc.
Publication Year: 2008

[This document has not yet been rated] 1092 views

This paper analyzes the effectiveness of the internal financial control mechanisms employed by U.S. Catholic dioceses on one measure of their effectiveness – the amount of embezzlement that has occurred in the diocese in recent years. The study is based on data collected from a recent survey of diocesan chief financial officers.

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How Much Will We Pay for a Year of Life?

Authors: Chertow, G.M.; Lee, C.P.; Zenios, Stefanos A.
Product Type: Essays and Concept Papers
Source: Stanford Graduate School of Business, International Society for Pharmacoeconomics and Outcomes Research
Publication Year: 2009

[This document has not yet been rated] 1438 views

How much are we-and should we be-willing to pay, as a society, for improving health outcomes? The authors discuss how making medical decisions based on their cost-effectiveness leads to profound ethical dilemmas.

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Death and Development in Africa

Authors: McMillan, John; Lorentzen, Peter; Wacziarg, Romain
Product Type: Essays and Concept Papers
Source: Springer Science+Business Media
Publication Year: 2008

[This document has not yet been rated] 1054 views

Analyzing a variety of cross-national and sub-national data, this paper argues that high adult mortality reduces economic growth by shortening time horizons. It finds that a greater risk of death during the prime productive years is associated with higher levels of risky behavior, high fertility, and lower investment in physical capital, and that adult mortality explains almost all of Africa's growth tragedy.

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Social Movements in Organizations and Markets

Authors: Rao, Hayagreeva; Davis, Gerald F.; Morrill, Calvin; Soule, Sarah A.
Product Type: Journal Articles; Essays and Concept Papers
Source: Administrative Science Quarterly
Publication Year: 2008

[This document has not yet been rated] 969 views

The agendas of organization studies and the study of social movements are converging. Scholars of both fields contribute to a special issue of Administrative Science Quarterly dedicated to building stronger connections among scholars of social movements, organizations, and markets.

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Do Stakeholders Belong in Corporate Finance?

Stakeholders in Corporate Finance

Author: Becker-Blease, John
Product Type: Essays and Concept Papers
Source: The Aspen Institute Center for Business Education
Publication Year: 2008

[This document has not yet been rated] 1698 views

Economists and legal scholars have discussed the proper role of a public corporation since at least the early part of the 20th century. The two major schools of thought that have emerged from this discourse are frequently characterized as shareholder primacy and stakeholder primacy, noting that shareholders are one of many stakeholders.

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Sustainable Tourism & the Cruise Line Industry

Authors: Bailey, Kalena Samon; Mansour, Saf El; Silue, Rene; Singleton, Denna
Product Type: Essays and Concept Papers
Source: Kenan-Flagler Business School, UNC-Chapel Hill
Publication Year: 2004

[This document has not yet been rated] 2020 views

The tourism industry is one of the fastest growing industries in the world, generating revenue and creating jobs in many countries. The impacts of tourism on a location are not only positive, however.

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