Einzelbesprechungen

Ohne Zusammenfassung     

Aid and donor countries’ GNP

The authors try to test statistically whether the flow of resources between poor and rich countries has in fact conformed to the “1 per cent” target defined by the United Nations. Basis for testing several hypotheses are data published by the Development Assistance Committee (DAC) of the OECD.     

Planning,consciousness and conscience

Contemporary perspectives on conciousness provide us with a powerful metaphor for the corporate planning process; although organisations ultimately differ, in systems terms, from organisms. Like consciousness, planning has survival value and confers operational advantages. Whereas individuals' actions may be guided by conscience, in pursuit of ideals, corporate acts often lack these qualities. It may be that no diffuse planning process is capable of accomodating ideals and ethical standards, they are ‘beyond’ Corporate Consciousness. Therefore, the pursuit of corporate objectives will often conflict with individuals' ideals. He published various articles in the MagazineAccountancy, among others: ‘Facing the Facts’ (October 1983), ‘Motivation & Budgeting’ (March 1982) and ‘Taking “Right-Minded” Decisions’ (October 1981).     

Are Investor Reactions to R&D Influenced by the Corporate Headquarter's Location?

This study provides evidence that investors react differently to R&D (line item) information according to the disclosure regimes of a firm's headquarters-country. The stock market response is significantly lower for R&D information from code law countries (continental Europe) than for common law countries (such as Britain).     

Strategy as moral philosophy

A conceptual framework of ‘Strategy as Moral Philosophy’ is developed, with the corporation cast as a Moral Agent. This framework represents a counterpart, at the level of strategic management, to an emerging integration of economics with ethics at the aggregate level. Several implications are traced out for strategic management theories, practices, problems and pedagogy.