A new research paper from Fabio Bertoni, professor of Finance at emlyon business school, joint with Anita Quas (University of Milan) and Massimo Colombo (Politecnico di Milano), shows that SMEs that receive funding from the EU through European Investment Fund (EIF) guaranteed loans, drastically outperform those that don’t.
“All work deserves payment”, as the saying goes, and one of the key aspects of successful organizations is their ability to reward each member based on his or her actual contribution.
Would George Clooney make a successful company director? Or, Angelina Jolie the best president? Or, maybe Brad Pitt the next CEO of a Fortune 500 company? Well, it certainly would fit a notion that has always been believed - the more attractive a person is, the more likely it is that their looks positively affect their professional career, and the more likely they are to be successful.
Who would be willing to pay for early retirement?
How much is Google worth? Or Apple? Or your SME? One of the most crucial issues for any company is surely its financial valuation.
The 2008 financial crisis revealed the hegemony of financial logic in company management. This dominance is seen in the emphasis placed on shareholder value by top management and the proliferation of financial performance indicators (operating margin, return on investment, return on equity, etc.).
The world faces a problem - not enough of us are financially literate. This is an issue because the world is more financially complex than ever before and more and more of us are setting up businesses or operating as sole traders in the ‘gig economy’.
One of the important factors of organization decline is the type of managers it recruits and promotes. Among them is what I call the ‘Creosote manager’, the one who kills life all around him to flourish. Creosote people populate just about every organization that I encounter and that have so much trouble innovating. Would there not then be a causal link?
Zika, Ebola: what do we learn through the economic analysis of a company’s research and development choices?
Part of the economic thinking on research and development (R&D) aims to identify the factors on which companies base their choices for the organization of innovation activities, and to understand their impacts on various dimensions. [...]
Why should we continue to impose ultra-orthodox budget policies while the world economy operates in the craziest monetary heterodoxy?