infonet-economy

Purpose – This paper aims to identify the relative contribution of sustainability criteria to property value risk. Design/methodology/approach – Adiscounted cash flow (DCF) model is used to assess the effect of a given set of 42 sustainability sub-indicators on property value. The anticipated demand for each sustainability sub-indicator is described by four future states of nature....

A growing share of the world population is getting access to a formal bank account. This allows a move from cash to account based payments. Grounding our hypothesis in behavioral economics, we conjecture that being paid on an account instead of in cash can play a major role in encouraging savings. When paid on the account, the money is saved by default, while - as long as payments...

Under conditions of growing interconnected- ness of the global economy, more and more stakeholders are exposed to risks and costs resulting from business activities that are neither regulated nor compensated for by means of national governance. The changing distribution of risks poses a threat to the legitimacy of business firms that normally derive their legitimacy from operating in...

Little is currently known about the effects of skill composition on academic entrepreneurship. Therefore, in this paper, following Lazear’s (J Labor Econ 23(4):649–680, 2005) jack-of-all-trades approach, we study how the composition of a scientist’s skills affects his or her intention to become an entrepreneur. Extending Lazear, we examine how the effect of balanced skills is...

In this chapter we review practice-based studies that have examined the ontological and epistemological conditions for producing strategy research that proves relevant to management practice. Drawing on these works, we argue that researchers inevitably adopt a scholastic point of view, which makes it impossible to capture directly the logic of strategy practice. However, scholars can...