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Cooperative and Instrumental Stakeholder Networks: A Case Analysis of Two Urban Neighborhoods
No full textDrawing on scholarship from resource dependency, social network analysis, trust, and institutional theories, we present a model that describes the factors that shape relationships among organizations and their stakeholders. We propose that networks comprised by companies and their stakeholders can be primarily cooperative or opportunistic in character. The qualities of the organizations in the network as well as the relationships and structure of those relationships determin whether or not the resulting network can be characterized as cooperative or opportunistic. We illustrate the model by comparing and contrasting the stakeholder networks of two neighborhood development projects
Appraising Value and Risk of Commercial Assets: Stratifying the Modified Internal Rate of Return in an American and European Put Option Analysis
No full textIn comparative project valuations, there is an assumption of equality of risk across investments. Two commercial metro office buildlings are valued according to both a European and American Put Option, broadening the number of acceptable actions for investors. This paper presents a technique that enhances the final investment decision process. Specifically, this paper posits that, superior to the Internal Rate of Return (IRR), stratifying the Modifited Internal Rate of Return (MIRR) provides another layer of risk analysis thta facilitates project comparisons even where other techniques have led to conflicting results
An Exploratory Study: Are AACSB Accredited Schools of Business Teaching Ethics Based on the Ethics Education Task Force Recommendations?
No full textBusiness leaders have tried to use one set of ethics for their professional responsibilities, another for their personal activities and still another for their family responsibilities. This circle of circumstantial ethics has gotten many leaders into trouble. Ethics is ethics! Given today's ethical challenges, business ethics is the study of how personal moral norms apply to the activities and goals of the business. For the purposes of this paper, business ethics is defined as the study of how individuals, at all levels of a business, try to make decisions and live their lives according to a standard of right or wrong behavior. Business ethics is not a separate moral standard, but the study of how the busines environment poses its own unique challenges for the moral person who acts as an agent of the business. This paper examines the standards established for business ethics education in AACSB accredited undergraduate prorgams, the ethical challenges in today's society, and a review of the AACSB accredited business school courses to determine if they are addressing the AACSB standards and the ethical challenges in today's business world