This book seeks to examine the relationship between corporate law rules and economic performance. Contributors examine the design of the two main systems of corporate governance to ascertain which bundle of rules is likely to support the emergence of a strong system of governance. They seek to show that the performance of companies is linked to different patterns of shareholding, legal rules, and non-legal relationships.

This book employs an interdisciplinary, cross-sectoral lens to explore the collaborative dynamics that are currently disrupting, re-creating and transforming the production and consumption of tourism. House swapping, ridesharing, voluntourism, couchsurfing, dinner hosting, social enterprise and similar phenomena are among these collective innovations in tourism that are shaking the very bedrock of an industrial system that has been traditionally sustained along commercial value chains. To date there has been very little investigation of these trends, which have been inspired by, amongst other things, de-industrialization processes and post-capitalist forms of production and consumption, postmaterialism, the rise of the third sector and collaborative governance. Addressing that gap, this book explores the character, depth and breadth of these disruptions, the creative opportunities for tourism that are emerging from them, and how governments are responding to these new challenges. In doing so, the book provides both theoretical and practical insights into the future of tourism in a world that is, paradoxically, becoming both increasingly collaborative and individualized.

Recent years have seen a lively debate over the role of tacit knowledge and interactive learning in privileging the local over the global. Yet, our continuing inability to answer questions such as 'when and why is the local important in production and innovation processes?' indicates that our understanding of the firm and the forces that shape its managers' choices remains weak. Such a theory ought to be able to answer fundamental questions like: why do firms in particular places adopt particular production and innovation practices, and not others? What forces determine what a firm 'knows' and when it is able to act upon this knowledge? How easy is it to transfer this knowledge between places? This book presents a new conception of industrial practice and firm behaviour. It explains how the cultures that shape the practices of firms and the trajectories of regional and national economies are actually produced. The analysis shows how the internal and inter-firm organization of production, use of technologies, and the industrial knowledge underpinning these practices are strongly influenced by their social and institutional context. Routine forms of behaviour are not simply inherited from past practice. Instead, they are shaped and constrained - though not wholly determined - by a set of institutions that govern how work is organized, workers are deployed, and technology is implemented. Because of the slowly evolving nature of these institutions, distinctive national 'models' are not converging around a single global norm.

As long as commodity and securities markets have been in operation, market manipulation has been a serious concern. Now that many electricity and natural gas markets have been opened to competition, manipulation threatens to destroy the value of these markets as well. Yet market manipulation itself remains ill-defined, with uncertain legal and economic principles operating on both sides of regulatory proceedings. Andrew N. Kleit's Modern Energy Market Manipulation offers an in-depth exploration of this crucial gray area. It presents a coherent definition of market manipulation, and drawing upon the substantial available legal evidence, it examines two categories of manipulation cases: those in which the allegations clearly fit the definition of manipulation but in which the facts of the case are unclear, and conversely, those in which the facts of the case are clear but in which it is uncertain whether they actually constitute manipulation. Throughout his discussions, Professor Kleit casts a critical eye not only on energy companies but also on the legal decisions and processes at the Federal Energy Regulatory Commission, which acts as both prosecutor and judge in manipulation matters, and which has consistently sided with its own staff and against defendants. As this book deftly shows, both defendants and prosecutors alike have benefitted from the ambiguities at the heart of existing definitions of market manipulation. Modern Energy Market Manipulation is essential reading for regulators, jurists, litigants, and business managers, and it is of interest to anyone who wants to learn about the enforcement mechanisms of federal regulators.

This volume of the International Symposia in Economic Theory and Econometrics explores the latest economic and financial developments in Asia. Chapters cover a range of topics such as the online market's impact on Indonesia's social welfare system, the influence of organizational culture on the triple bottom line performance of large manufacturing companies in the Philippines, and the impact of economic policy uncertainty on foreign direct investment inflows in India. These peer-reviewed papers touch on a variety of timely, interdisciplinary subjects such as sustainability and the effects of public policy. Recent Developments in Asian Economics also includes empirical studies in financial economics and public governance. For example, one chapter considers the consumption and satisfaction of Chinese rural residents, while another empirically studies the effects of sharia disclosure and sharia supervisory boards on Islamic banks' soundness. The papers in this volume have been compiled from four conferences in Asia and Australia, including the SIBR 2020 Sydney Conference on Interdisciplinary Business and Economic Research, which was held in Sydney, Australia; the 5th Indonesian Finance Association (IFA) Conference held in Manado, Indonesia in 2019; the 1st International Doctoral Colloquium on Business and Economics in Surakarta, Indonesia; and the 5th Sebelas Maret International Conference on Business, Economics and Social Sciences held in 2018 in Bali, Indonesia. Together, ISETE 28 is a crucial resource of current, cutting-edge research for any scholar of international finance and economics.

In May 2014, the French research laboratory ISEOR (Socio?Economic Institute for Firms and Organizations) and the University of St. Thomas co?sponsored a second conference on the application of the Socio?Economic Approach to Management (SEAM) paradigm and methodology in the United States. SEAM is a scientific approach to consultancy that focuses on uncovering the dysfunctions and hidden costs that exist in organizations, "hidden" in the sense that they are not captured by traditional accounting methodsand financial analyses. Through intervention that encompasses the entire organization - what the ISEOR team refers to as the HORIVERT approach (combining horizontal and vertical intervention) - the underlying goal is to enhance organizational performance by attacking the "TFW virus," a vestige of the early work by Frederick Taylor, Henri Fayol, and Max Weber that has sufficiently infiltrated our thinking about management and organization to the point where are falling well short of our own potential. The resultant dysfunctions this virus unleashes creates hidden costs that readily destroy a firm's value?added possibilities. The volume captures the ideas, applications, and exchanges of that meeting, attempting to bring the reader into the conference itself. Chapters include the contributors' presentations ("Chapter Prologue: Conference Remarks"), revised conference papers, and the question and answer dialogue for the session.

This comprehensive guide to all the essential legal and business considerations in financing the business activities of the modern corporation. Readers are provided with a clear and concise introduction to the legal and contractual framework that governs the major capital raising transactions in which a firm might be involved, with a particular emphasis upon the federal and state securities laws. An indispensable resource for consummating any private investment transaction, public offering, or commerical loan transaction, as well as dealing with disclosure requirements, the structuring of underwriting arrangements, and complying with public company responsibilities. Intended for entrepreneurs and managers at firms of all sizes.

This monograph provides theoretical and practical perspectives on competency management as a key resource for producing competitive products. The authors develop and substantiate a law of dependence between competencies and emergence of new markets, and describe the practical aspects of developing competencies in high-tech companies. Further, they develop economic and mathematical models for managing the competitive advantages of a company based on competencies. Using these models, they present a method for evaluating and ranking core competencies, as well as for multi-criteria ratings of human potential efficiency. The book also discusses the mechanisms of competitiveness management based on a conceptual model of a competence center network.

This volume offers a collection of studies on problem of organization's efficiency, criteria for evaluating the efficiency, tools and methods for measuring the efficiency. The articles included present an interdisciplinary look at efficiency, its essence and the principles of its measurement. The contributions also identify a broad spectrum of conditions for achieving efficiency in various types of organizations and systems (e.g. public institution, non-profit organizations), representing various industries. The book collects selected papers presented at the 7th International Conference "Efficiency as a Source of the Wealth of Nations", held in Wroclaw, Poland, in May 2017.

A circular economy perspective embraces a notion that we design everything to be reused for as long as possible, and then recaptured and repurposed when reuse is no longer possible. Designing for a circular economy ecosystem requires a more holistic, integrative viewpoint, spanning all aspects of design and development and considering many supply chain actors, far beyond that of traditional supply chains. Circular Economy Supply Chains highlights the need for cross-industry flows and the need for different actors (beyond producers and consumers) in circular value cycles. While biomimicry provides the structure for organizing the book, individual chapters build on other theoretical lenses and concepts, such as stakeholder theory. This book intends to move beyond a buyer-supplier view, embracing a holistic network or ecosystem view, to consider a cross-industry system perspective, where there is a diversity of actors needed for a working ecosystem. This edited book offers a comprehensive overview of system components and actors, including how the circular economy adds value, the role of producers and consumers, the spectrum of recovery possibilities to return products back to the consumption supply chain, and the essential role of information management.

This book offers a case-study approach to stakeholder theory that moves beyond theoretical analysis to the applied. As stakeholder theory has moved into the mainstream of management thinking in business ethics and a number of the management disciplines, there is an increasing need to explore the subtleties of stakeholder engagement via examples from practice. The case studies in this volume explore a number of aspects of the idea of stakeholder engagement, via the method of clinical case studies. Edited by leading scholars in the field of business ethics and stakeholder theory, this text affords a solid grounding in theory, brought to new levels of applied understanding of stakeholder engagement.

Open Innovation describes an emergent model of innovation in which firms draw on research and development that may lie outside their own boundaries. In some cases, such as open source software, this research and development can take place in a non-proprietary manner. Henry Chesbrough and his collaborators investigate this phenomenon, linking the practice of innovation to the established body of innovation research, showing what's new and what's familiar in the process. Offering theoretical explanations for the use (and limits) of open innovation, the book examines the applicability of the concept, implications for the boundaries of firms, the potential of open innovation to prove successful, and implications for intellectual property policies and practices. The book will be key reading for academics, researchers, and graduate students of innovation and technology management.

This book describes various methods of analysis for ascertaining the effects of agglomeration economies, which are important for formulating regional economic policies. Specifically, it describes new analytical approaches using productivity and productive efficiency analyses as methods for understanding agglomeration economies. Additionally, the book provides application results for Japanese regions and proposes desirable regional policies. According to the new analytical methods advocated in this book, agglomeration economies are larger in major metropolitan areas than in local regions, and in the manufacturing sector than in the non-manufacturing sector. These results are consistent with general knowledge. Moreover, the majority of productivity growth pertaining to regional economies is explainable by improvements to accessibility. Improving accessibility for regions reduces transportation costs between them and strengthens agglomeration economies, which, in turn, enable the sustainable development of regional economies. Therefore, this book highlights the need not only to reinforce existing agglomeration areas, but also to form a network between these agglomerations and to strengthen it, so as to realize regional economic growth despite a decreasing population.

The "Good to Great" For Outsourcing Not surprisingly, the companies and leaders that are successful outsourcers engage in similar practices-key practices that other companies regardless of size can emulate. In my two decades of consulting to major corporations on global sourcing and outsourcing, I've seen similar trends and patterns among firms that have succeeded in outsourcing and have summarized them as seven best practices in successful outsourcing. This book is about sharing those practices, these seven secrets. The seven chapters on the seven secrets that follow expound the key attitudes and behaviors that successful outsourcers share-and offer concrete guides for replicating their success within your own organization. I've paired what I know from my work with Neo Advisory (Formerly neoIT), as an advisor to firms looking to outsource, with sage advice and stories from executives at organizations that are successful outsourcers, many of whom were among the first to outsource, including Applied Materials, Lenovo, Virgin, Cisco, FedEx and Plantronics. The end result is a book designed specifically for ilevel executives and practitioners at organizations positioned at all stages of outsourcing maturity.

The two-volume book studies the economic and industrial development of Japan and China in modern times and draws distinctions between the different paths of industrialization and economic modernization taken in the two countries, based on statistical materials, quantitative analysis and multivariate statistical analysis. The first volume analyses the relationship between technological innovation and economic development in Japan before World War II and sheds light on technological innovation in the Japanese context with particular emphasis on the importance of the patent system. The second volume studies the basic conditions and overall economic development of industrial development, chiefly during the period of the Republic of China (1912-1949), taking a comparative perspective and bringing the case of modern Japan into the discussion. The book will appeal to academics and general readers interested in economic development and the modern economic history of East Asia, development economics, as well as industrial and technological history.

This book places knowledge, learning and innovation at the heart of cross-sector collaborations. Collaboration for innovation is a topic that has attracted widespread interest from academics, business strategists and government officials. To date the collaborations have focused on the performance management process and more specifically on how to encourage collaboration. However, businesses across the world are realizing that for cross-sector collaboration to be successful, it is necessary for firms to share knowledge and innovation through a process of learning. The book contributes to this by providing fresh insights into ways to stimulate cross-sector collaboration. It presents diverse methods and approaches to unify the dimensions of knowledge, learning and innovation and discusses how collaboration can be created, sustained, and expanded.

This book examines key aspects of the increasingly important phenomenon of reshoring - the decision of companies to reverse offshoring by bringing manufacturing back from overseas. The aim is to equip readers with a full understanding of the current extent of reshoring, its drivers, and the associated opportunities and challenges. The impact of governments' economic policies on the location choices of entrepreneurs in an era of globalization is carefully analyzed, drawing on experiences in the United States and Italy, where contrasting encouragement is provided for reshoring decisions. The effect on reshoring of recent developments regarding technology, the environment, and other factors is assessed in depth, and readers will also find close scrutiny of the relationship between reshoring and manufacturing performance. The book will be of interest to all academics, researchers, and practitioners with an interest in the manufacturing industry and will be an excellent teaching aid for a variety of courses in different disciplines at both undergraduate and postgraduate level.

* The ELS model of enterprise security is endorsed by the Secretary of the Air Force for Air Force computing systems and is a candidate for DoD systems under the Joint Information Environment Program. * The book is intended for enterprise IT architecture developers, application developers, and IT security professionals. * This is a unique approach to end-to-end security and fills a niche in the market.

The book provides a comprehensive examination of patterns and determinants of production networks in East Asia, a key driver in the region's global success. It provides the reader with an accessible understanding of the theoretical literature on production networks and recent developments in empirical analysis at the industry and firm-levels. The topics covered in the book include: gross trade in parts and components and gravity models, trade in value added, industry case studies, and micro data econometric studies of firm heterogeneity in production networks. The micro data econometric studies explore key aspects of the heterogeneity of firms in East Asian production networks such as technological capability, the entry of small and medium enterprises into production networks, business use of free trade agreements, and access to credit. Blending new sources of data, empirical tools and econometric methods this book is highly recommended for readers who seek to understand the workings of the complex web of production networks in East Asia.

This book presents state-of-the-art probabilistic methods for the reliability analysis and design of engineering products and processes. It seeks to facilitate practical application of probabilistic analysis and design by providing an authoritative, in-depth, and practical description of what probabilistic analysis and design is and how it can be implemented. The text is packed with many practical engineering examples (e.g., electric power transmission systems, aircraft power generating systems, and mechanical transmission systems) and exercise problems. It is an up-to-date, fully illustrated reference suitable for both undergraduate and graduate engineering students, researchers, and professional engineers who are interested in exploring the fundamentals, implementation, and applications of probabilistic analysis and design methods.

The 'Resource-Based View of the Firm' has emerged over the last fifteen years as one of the dominant perspectives used in strategic management. It addresses the fundamental research question of strategic management: Why it is that some firms persistently outperform others?
Resource-Based Theory provides a considered overview of this theory, including the latest developments, from one of the key thinkers in its development. In broad terms it offers an alternative to Michael Porter's approach, focusing more on the competences and capabilities of the firm, rather than its positioning in its chosen markets.
Jay B. Barney has long been recognised as one of the leading contributor to the resource-based theory literature. In this book he has collaborated with Delwyn N. Clark to produce the first book to examine the theory in a holistic and in-depth manner. The authors explore not only the applications of the theory in research, teaching, and practice, but also its early roots in traditional economic theory, development and proliferation in the 1990s, and later influence on management thinking.

This book introduces the main concepts of manufacturing systems and presents several evaluation approaches for these systems' evaluation. The relevant macroergonomics methods are summarized and the theoretical framework for Macroergonomic Compatibility construct is explained. This book presents a Macroergonomic Compatibility Model which proposes an instrument in the form of a Macroergonomic. The authors introduce a methodology to obtain a novel Macroergonomic Compatibility Index that enables manufacturing companies to assess and follow their progress on the implementation of macroergonomics practices.

Small is beautiful--but how small is small, and what practical steps can we take to achieve its beauty? By the 21st century we may have found the answer: the creative compartment, a group of a few hundred people who work together in a totally open way. The intense communication within a compartment generates enormous adaptability and a creative problem-solving capability seldom found in today's organizations. In Creative Compartments, Gerard Fairtlough draws on his wide experience and on a profound analysis of the operation and interaction of small organizations. He sets out a clear agenda for organizational design, and his novel proposals will benefit anyone in any organization--large or small, business or nonprofit--that strives for continuing success into the 21st century.

The political and social predicates that make the large firm possible and that shape its form are not always taken into account, despite the fact that variation in the political and social environment can deeply affect which firms, which ownership structures, and which governance arrangements survive and prosper. Focusing on the US, the larger nations in continental Europe, and Japan, Mark Roe uses statistical and qualitative analyses to explore the relationship between politics, history, and business organization.