The predominant focus in research on organizations is on private or public institutions without consistent consideration of their interdependencies. The emphasis in scholarship on private or public interests has strengthened as disciplinary and professional knowledge has deepened: Management scholars, for example, tend to consider the corporation as the unit of analysis, whereas scholars of pub...

New prescription drugs are developed and tested for quality, safety, and efficacy by the pharmaceutical industry, and little or no drug testing is conducted by governments in modern industrialised countries. Governments have regulatory authorities which have a legal duty to protect public health by ensuring that new drugs are not licensed unless they are of adequate quality, safety, and efficac...

the principle of freedom of contract is conceptually narrower than the will theory and as such it does not deny the state the right to put limits on contracts between individuals. on this ground some measures have been taking to strike a balance between the interests of the consumers and the producers. among these measures are the compulsory sales to consumers in the case law and on the basis o...

public relations has always been considered an important tool in human communications. paying too much attention to advertising by sellers over time has distracted attention from public relations. in the case of the sellers of household appliances, they have come to a better understanding of the characteristics of public relations, and they have consequently found out that it in fact establishe...

Starting from the objective of banking supervision – to minimize the overall costs of banking to the general public – we show that the current standard of quantifying market risk is flawed. It is perfectly aligned with the interests of banks’ shareholders and management, but not with the interests of the general public. This is unsatisfactory from a normative point of view, as significant publi...