By Rita Gunther McGrath “If you are a management theory junkie, the 2016 Peter Drucker Global Conference in Vienna earlier this month was like catnip. A wonderful list of presenters and commentators spoke to the conference theme, “The Entrepreneurial Society,”…
AIR IMPACT
Recognition of AIR research, opinions, and people in the media and elsewhere
Trump/Carrier/Rexnord provide golden opportunity to build progressive movement
By Les Leopold “Donald Trump inadvertently has opened the door to building a massive national movement to stop the outsourcing of jobs to low wage countries. While 800 to 1000 jobs have been given a reprieve at Carrier, there are…
Thinking allowed: a selection of recent academic papers, and speeches
By Panos Asimakopoulos “If you thought executive pay was a problem, think again. It could be even worse than it looks. A working paper from the Institute for New Economic Thinking suggests that US executive pay is widely mismeasured by…
INET Research in a Year of Living Dangerously
By Thomas Ferguson “Perhaps the authorities in ’s-Hertogenbosch in the Netherlands were just lucky. Or maybe, just maybe, history really does proceed in spirals. In any case, as the infant New Year of 2016 crept in, the art museum in…
The Value-Extracting CEO: How Executive Stock-Based Pay Undermines Investment in Productive Capabilities
By Institute for New Economic Thinking (INET) “In the United States since the last half of the 1980s the overriding goal of U.S. corporations has been to “maximize shareholder value,” with corporate performance measured by a company’s “total shareholder return”: percentage…
The Equal Employment Opportunity Omission
By Institute for New Economic Thinking (INET) “There was no assumption that the EEOC, on its own, could reverse deep-rooted employment discrimination against blacks. But in the late 1960s there was optimism that, in combination with equal educational opportunity and the…
Can America’s companies survive America’s most aggressive investors?
By Alana Semuels “Del.—Ron Ozer was thrilled to get a job with DuPont, the two-centuries-old chemical company, when he finished his Ph.D. from Cornell in 1990. It was the place to go for young, ambitious chemists; it offered salary and benefits so…
Academics endorse new vision for corporate governance
By City University of London “The Modern Corporation Project at Cass Business School has released five succinct statements prepared and endorsed by high-level experts versed in a variety of legal systems. The statements on Company Law, Economics, Accounting, Management and Politics seek to foster the development of a wide-ranging debate…
Can America’s Companies Survave America’s Most Agressive Investors
By Alana Semuels “Ron Ozer was thrilled to get a job with DuPont, the two-centuries-old chemical company, when he finished his Ph.D. from Cornell in 1990. It was the place to go for young, ambitious chemists; it offered salary and benefits so…
Will Trump betray 1,400 Carrier workers? Will progressives let him?
By Les Leopold “Over the next two years, 1,400 Carrier air conditioner workers will see their decent paying jobs migrate to Mexico. This highly profitable Indiana facility, represented by the United Steel Workers, will make even more money south of…
