The first policy implication of the diffusion of a Market-Driven Management approach is the same as the spreading of globalization, i.e. the obsolescence of industrial policies as traditionally designed and managed by Nation-States with the established toolbox of protectionism and subsidies, picking ‘national champions’, etc. The growing asymmetry between the physical jurisdiction of political ...

The expansion of gaming throughout the world has resulted in the emergence of large publicly traded corporations whose primary business activity is the operation of gaming facilities in various gaming jurisdictions. The availability of the public securities market has allowed gaming operators to expand and diversify operations into new markets and geographic locations. This article discusses ac...

As sustainability becomes more mainstream, companies face increasing demands to address environmental and social factors as part of their daily operations. The result is that companies need to attend to an ever increasing set of regulations that vary by jurisdiction and often overlap along with demands for more transparency and reporting on how they are meeting these requirements. Delivering on...

We ask how to regulate pecuniary private benefit consumption. These benefits can compensate controlling shareholders for monitoring managers and investing effort in implementing projects. Controlling shareholders may consume excessive benefits, however. We argue (a) ex post judicial review of controlled transactions dominates ex ante restrictions on the controlled structures: the latter elimina...

In most states, sales tax is charged when purchasing items at stores and sometimes for catalog or Internet sales. Currently, there are over seven thousand different tax jurisdiction, each with its own tax rate and regulations. The growth of Internet-based shopping and ecommerce promises to complicate the convoluted codes. Recently, the National Governors’ Association proposed a simplified sales...

The title actually assigned to me for discussion on this occasion had a slightly more academic ring than the one I have chosen. I see no reason why, even before this group, a “spade” need be defined as “an elongated instrument by which perspiration and energy are applied to the movement of loose material from one place to another”; let’s just call it a “spade.” Let’s recognize that the Public U...

This paper presents a case study which confirmed that the use of APJ for proper assessment of human error in the Electric Power Company of Serbia (hereinafter EPS). The proposal methodological framework was used for human error identification and quantification in the case of a repair intervention on a steel lattice tower 10/0.4 kV (jurisdiction of an EPS subsidiary ED "Jugoistok", Nis, Serbia)...