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The (Not So) Secret Secrets

Amy L. Fraher

in The Next Crash: How Short-Term Profit Seeking Trumps Airline Safety

Published in print:
2014
Published Online:
August 2016
ISBN:
9780801452857
eISBN:
9780801470493
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9780801452857.003.0002
Subject:
Business and Management, HRM / IR

This chapter examines the secret deals behind the airline industry's financial wins and losses in the post-9/11 period. It considers the radical changes that occurred in the aviation industry after ... More


The Perfect Externalizing Machine

Lawrence E. Mitchell

in Corporate Irresponsibility: America`s Newest Export

Published in print:
2001
Published Online:
October 2013
ISBN:
9780300090239
eISBN:
9780300137767
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300090239.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter discusses specific ways in which the laws governing the American corporation and the social thinking from which they arise can lead to corporate irresponsibility, revealing that while it ... More


The Bonus Culture Has Raised the Hurdle Rate

Andrew Smithers

in Productivity and the Bonus Culture

Published in print:
2019
Published Online:
May 2019
ISBN:
9780198836117
eISBN:
9780191873461
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198836117.003.0014
Subject:
Economics and Finance, Financial Economics

The rise in the hurdle rate shows a change in management behaviour caused by the preceding change in incentives. Following a dramatic rise in US CEOs’ salaries and bonuses in the decade to 2000 there ... More


The Economy: Time, Size, and Complexity

Martin Shubik and Eric Smith

in The Guidance of an Enterprise Economy

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262034630
eISBN:
9780262337540
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034630.003.0006
Subject:
Economics and Finance, Econometrics

The first five chapters have been devoted to reformulating a pre-institutional static theory of general equilibrium, into considering an economy in terms of process where markets and other ... More


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