Book Reviews

2011 ◽  
Vol 49 (3) ◽  
pp. 770-772

Daniel Markovits of Yale Law School reviews “Blind Spots: Why We Fail to Do What's Right and What to Do about It” by Max H. Bazerman and Ann E. Tenbrunsel. The EconLit Abstract of the reviewed work begins “Examines the gap between how ethical we think we are and how ethical we truly are and the ethical blind spots that perpetuate these beliefs. Discusses the gap between intended and actual ethical behavior; whether traditional approaches to ethics will save you; when we act against our own ethical values; whether we are as ethical as we think we are; when we ignore unethical behavior; placing false hope in the “ethical organization”; why we fail to fix our corrupted institutions; and narrowing the gap--interventions for improving ethical behavior. Bazerman is Jesse Isidor Straus Professor of Business Administration at Harvard Business School. Tenbrunsel is Rex and Alice A. Martin Professor of Business Ethics in the Mendoza College of Business at the University of Notre Dame. Index.”

2013 ◽  
Vol 51 (1) ◽  
pp. 202-204

Roy Thurik of Erasmus School of Economics and GSCM Montpellier Business School reviews, “Valuing an Entrepreneurial Enterprise” by David B. Audretsch and Albert N. Link. The EconLit abstract of this book begins: “Presents a valuation method for emerging technology-based ventures without a revenue history. Discusses innovative activity—alternative economic frameworks and policy approaches; valuation methods—tools of the trade; traditionally used valuation methods; applications of traditional valuation methods; alternative approaches to the valuations of Video, Inc.; the move toward a methodology for valuing an entrepreneurial enterprise; and a valuation of Metal Brothers, Inc. Audretsch is Distinguished Professor, Ameritech Chair of Economic Development, and Director of the Institute for Development Strategies at Indiana University. Link is Professor of Economics at the University of North Carolina, Greensboro. Index.”


2009 ◽  
Vol 47 (1) ◽  
pp. 217-218

Nowook Park of Korea Institute of Public Finance reviews “The Korean Economy: The Challenges of FDI-led Globalization” by Wan-Soon Kim, You-il Lee,. The EconLit Abstract of the reviewed work begins “Examines how South Korea’s foreign direct investment-led globalization, particularly since the financial crisis of 1997, has been experienced, understood, managed, and often strongly resisted in various economic, social, and cultural domains. Discusses foreign direct investment in South Korea--theoretical considerations; the end of South Korean capitalism; South Korea’s liberalization and globalization; and the paradox of South Korea’s globalization. Kim is at Korea University Business School and the Institute for Global Economics. Lee is in the International Graduate School of Business at the University of South Australia. Bibliography; index.”


2011 ◽  
Vol 49 (3) ◽  
pp. 730-733

Michael S. Barr of University of Michigan Law School reviews “Seeds of Destruction: Why the Path to Economic Ruin Runs through Washington, and How to Reclaim American Prosperity” by Glenn Hubbard and Peter Navarro. The EconLit Abstract of the reviewed work begins “Presents a bipartisan blueprint for reversing America's economic decline through sustained growth. Discusses when America's four growth drivers stall and our economy stagnates; how to lift the American economy with the ten levers of growth; whether an easy-money street is a dead end; whether you can stimulate your way to prosperity; whether raising taxes lowers America's growth rate; whether the best “jobs program” may be trade reform; whether America's foreign oil addiction stunts our growth; cutting the Gordian knot of entitlements; whether Obama's health care plan makes our economy sick; how to prevent another financial crisis--and housing bubble; and how to implement the Seeds of Prosperity policy blueprint. Hubbard is Dean of Columbia Business School. Navarro is a business professor at the University of California, Irvine. Index.”


2013 ◽  
Vol 51 (1) ◽  
pp. 211-214

Robert J. MacCulloch of Auckland University Business School reviews, “A Capitalism for the People: Recapturing the Lost Genius of American Prosperity” by Luigi Zingales. The EconLit abstract of this book begins: “Explores the problems of the American economic system and presents a call for change. Discusses the American exception; who killed Horatio Alger?; crony capitalism American style; crony finance; bailout nation; the responsibilities of the intellectuals; the time for populism; equality of opportunity; fighting inequality with competition; the need for a market-based ethics; limits to lobbying; simple is beautiful; good and bad taxes; reforming finance; data to the people; and being pro-market, not pro-business. Zingales is Robert C. McCormack Professor of Entrepreneurship and Finance in the Booth School of Business at the University of Chicago. Index.”


2013 ◽  
Vol 51 (2) ◽  
pp. 544-548

Gregory Elliehausen of Board of Governors of the Federal Reserve System reviews, “No Slack: The Financial Lives of Low-Income Americans.” by Michael S. Barr. The Econlit abstract of this book begins: “Eleven papers explore the financial constraints and choices of low-income families and examine the ways that low-income families use services through both formal and informal financial institutions, focusing on households in the Detroit area. Papers discuss managing money; banking for all; preferences for plastic; which way to the bank?; borrowing to make ends meet; high-cost homeownership; living on the edge of bankruptcy; expensive tax refunds; paying to save; behaviorally informed regulation; and crisis and reform. Barr is Professor of Law at the University of Michigan Law School.”


2011 ◽  
Vol 6 (2) ◽  
pp. 89
Author(s):  
Aaron A. Hutcheson ◽  
J. F. Burney

A mail questionnaire completed by business school faculty and administrators across the United States revealed that both job applicants and business faculty are engaging in unethical behavior. The paper reports this finding by type of unethical behavior, by college of business accreditation status and by degree-levels granted at the institution.


2014 ◽  
Vol 52 (4) ◽  
pp. 1175-1177

Joshua C. Teitelbaum of Georgetown University reviews “Reflections on Judging”, by Richard A. Posner. The Econlit abstract of this book begins: “Explores the challenges that the federal courts face today, with particular emphasis on rising complexity, drawing upon Richard Posner's personal experience as a judge. Discusses Posner's road to the U.S. Court of Appeals; the federal judiciary evolving; the challenge of complexity; formalism and realism in appellate decision making; the inadequate appellate record; coping strategies for appellate judges--judicial self-restraint; coping strategies for appellate judges--interpretation; making it simple, making it new--opinion writing and appellate advocacy; forays into the district court; and potential solutions. Posner is Circuit Judge with the U.S. Court of Appeals for the Seventh Circuit and Senior Lecturer at the University of Chicago Law School.”


2015 ◽  
Vol 30 (4) ◽  
pp. 526-545 ◽  
Author(s):  
Candace Martinez ◽  
Michael E. Cummings ◽  
Paul M. Vaaler

Author(s):  
Grandon Gill ◽  
Matthew Mullarkey ◽  
Joseph E Mohr ◽  
Moez Limayem

As the complexity of a system grows, the challenge of informing the stakeholders of that system grows correspondingly. Nowhere is that challenge more daunting than in business education, where globalization, technological innovation, and increasingly complicated regulations continuously transform the business environment facing graduates and practitioners. Informing science theory proposes that different levels of complexity require different channels if effective informing is to be achieved. The paper first examines how two important sources of complexity—the diversity of clients and the ruggedness of the business landscape—are changing, and how these changes demand vastly more interactive informing channels if impact is to be achieved. Using an exploratory case study methodology, it then takes a detailed look at how one institution—the University of South Florida’s Muma College of Business—has introduced a variety of new channels, many of which enable informing flows without necessarily directing them, to adapt to these environmental changes. It then considers both outcomes related to these individual informing channels and college-wide outcomes related to a broad and deep mosaic of informing flows. Finally, it considers the question of the resources required to support these new channels and the relationship between resource acquisition and channel introduction. The proposed framework for looking at business school informing channels can be applied by administrators, faculty members, and key stakeholders in understanding, evaluating, and planning programs and activities supporting informing in a complex environment. Ultimately, the informing business school framework may also provide a means for communicating impact to business school accrediting agencies (such as AACSB).


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