Hankering for status drives non-executive directors to outstay effectiveness
Prolonged tenure is a governance concern for corporate boards and exposes their limits of self-regulation. How long is too long for a non-executive director to stay on board? Read what the researchers have to say.
How should boards handle visionary CEOs?
Some CEOs are fueled by strong convictions of the strategic direction their companies should take, but their boards sometimes don’t share their visions. Read what the researchers have to say.
Six vital strategies for successfully implementing changes in industry
Human beings naturally resist change, with research suggesting more than half of change initiatives attempted in the architecture, engineering and construction industry fail.
Higher frequency of financial reporting hinders corporate innovation
A more relaxed approach to reporting requirements gives managers the space they require to focus less on short-term increments to appease shareholders, and more scope to increase expenditure on more valuable projects
Rise in between-workplace inequalities in high-income countries
Rising inequality between-workplaces occurs when firms with powerful market positions outsource production and services to temporary labor firms, subcontractors, global supply chains, franchisees, independent contractors and other low-wage firms.
Tax incentives for businesses could contribute to the decline of the middle class
America—like other countries—seems hell-bent on destroying its middle class. And since the middle class pays the bulk of the taxes the treasury receives, they may be in the process of destroying the country as well.
Negative interest rate policies are backfiring
A good example of unintended consequences. A number of noted economists contend that we are in the age of late-stage capitalism. The problem seems to be that few politicians, central bankers or even academics know with any certainty where we go from here.
When does a small gift become a bribe?
If a sales agent brings their customer a small gift, the customer is much more likely to make a purchase, a new study has shown
Collaboration as an effective strategy.
One of the key theoretical problems in devising a model which will help bring people together is to resolve the issue of the “Tragedy of the Commons.” This is a term used in social science to describe a situation in a shared-resource system (a team, a community, a business) where individual users acting according to their own self-interest behave contrary to the common good, depleting or spoiling that resource through their actions. One of the key problems encountered in ‘Stochastic games’ can resolve Tragedy of the Commons according to a team of researchers.
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