The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.
Union busting has become a major industry with more than a thousand consulting firms teaching companies how to prevent workers from organizing and how to get rid of existing unions.michael parenti
It is always amazing to see how wide a spectrum of results can be obtained from replicating an identical negotiation with different principal actors; it makes no difference whether there subjects are inexperienced or whether they are senior executives and young presidents of business firms. That is an important lesson to be learned here.howard raiffa
I think that argument is completely morally bankrupt, and I think people know that when they make it. There's a very big difference between having a sincere, passionate interest in a topic and being a paid shill ... Particularly for PR firms, it's something they should really very strongly avoid: ever touching an article.jimmy wales
In a capitalist country foreign trade, like any other trade, is carried on by individual firms, and individual firms cannot be guided in their activities by "global"considerations, by concern with the impact of their operations on the economy as a whole.paul a. baran
In modern industry, research Has come to be a kind of Church Where rubber-aproned acolytes Perform their Scientific Rites And firms spend funds they do not hafter In hope of benefits Hereafter.kenneth boulding
Symons … remarked that the most common and unhelpful illusion plaguing those who came to see him was the idea that they ought somehow, in the normal course of events, to have intuited long before they had finished their degrees, started families, bought houses and risen to the top of law firms what they should properly be doing with their lives. They were tormented by a residual notion of having through some error or stupidity on their part missed out on their true calling.Alain de Botton
Responsible for wrapping the iron fist of authority in its velvet glove is Jane Axtell, head of the accountancy firm’s Human Resources department.Alain de Botton
Significantly, the 14 most transnational firms (in terms of the TNI) originate from small countries (Switzerland, the UK, the Netherlands, Belgium, Canada)peter dicken
All the alleged key causes of SOE [State-Owned Enterprise] inefficiency the principal-agent problem, the free-rider problem and the soft budget constraint are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership it is between concentrated and dispersed ownerships.ha-joon chang
Which comes first price being set by the intersection of supply and demand, or individual firms equating marginal cost to price?
Enterprise Architecture is the organizing logic for key business processes and IT capabilities reflecting the integration and standardization requirements of the firm’s operating model.
To date, most research on information technology (IT) outsourcing concludes that firms decide to outsource IT services because they believe that outside vendors possess production cost advantages. Yet it is not clear whether vendors can provide production
It is always amazing to see how wide a spectrum of results can be obtained from replicating an identical negotiation with different principal actors; it makes no difference whether there subjects are inexperienced or whether they are senior executives and young presidents of business firms. That is an important lesson to be learned here.
Macroeconomics is the branch of economics that deals with the whole economy and the big picture. The behavior of smaller units within the economy including households, firms, and consumers is covered within microeconomics .
Possibly you are not aware of the fact that the largest sum given by any contributor to the fund is but a trifle when compared with the losses suffered by nearly all the firms in the cotton trade during the disastrous years of the American war.
firms have invested an estimated Euro 1.2 billion in developing FLOSS software that is made freely available. Such firms represent in total at least 565,000 jobs and Euro 263 billion in annual revenue. Contributing firms are from several non-IT (but often ICT intensive) sectors, and tend to have much higher revenues than non-contributing firms.
Private equity firms aren't necessarily evil by definition . There are many stories of successful turnarounds fueled by private equity, often involving multiple floundering businesses that are rolled into a single entity, eliminating duplicative overhead.