La ética no es un añadido para directivos concienciados en empresas con éxito, sino una necesidad, porque forma parte de la tarea misma de dirigir. Este artículo parte de qué es la ética, qué es una empresa y qué es dirigir una organización para mostrar por qué la ética es necesaria:...

El documento trata de los métodos de retribución variable que se han generalizado en los últimos tiempos. Pone de manifiesto el papel que han jugado en los escándalos financieros y en la gestación de la crisis y analiza la propuesta de John Roberts de incentivos débiles, fundamentándola...

Irving Fisher fue uno de los más importantes economistas norteamericanos de la primera mitad del siglo XX. Hizo aportaciones muy relevantes sobre la teoría monetaria, los ciclos económicos y las políticas estabilizadoras. En este artículo se resumen su vida, sus ideas y sus propuestas de...

This paper addresses the problem of skills mismatch for the 16-24 age cohort in Spain. Our research objective is to survey managers of companies that operate in Spain and reveal their perception of the mismatch phenomenon. We hypothesize that "cherry-picking" the most talented workers and...

This paper intends to analyze the foundations of trust in a context of bounded rationality. Building on previous work, we show how bounded rationality provides a rationale for the concept of trust that goes beyond the common calculative notion. We show that there are four types of trust, and...

As successful families in business grow in family size and number of shareholders, they commonly develop a particular kind of family organization, often referred to as the family council. This family organization usually becomes the family's central governing body. Although family councils are...

Company valuation using discounted cash flows is based on the valuation of government bonds: it consists of applying the procedure used to value government bonds to the debt and shares of a company. This is easy to understand (sections 1, 2 and 3). But company valuations are often complicated by...

Although virtue ethics has gained a firm presence in the theory and practice of corporate management, humility is not ranked as one the chief virtues in the business world. This is probably due to an incomplete or incorrectly focused view of what it means to be a humble person, why a good...

I add heterogeneous agents and risk-sharing opportunities to a global game of regime change. The novel insight is that when there is a risk-sharing motive, fundamentals drive not only individual behavior, but also select which individuals are more relevant for the likelihood of a crisis because...

Management control systems (MCSs) are used by organizations to try to make sure that their goals are accomplished. MCSs are used to set goals and objectives, to measure accomplishments and to reward or punish people according to results. In this chapter, we argue that the social dynamics...