Many companies in recent past have experienced labor unrest. The negotiations between the union leaders and management have often failed. Organizations are thus trying to use better tools for negotiation to reduce labor unrest. One of the tools used is SNA or Social Network Analysis. This study...

Typically, workplace discrimination is approached from the perspective of a particular dimension (e.g., race or gender). This offers insight but also obscures important communality among different types of discrimination. We propose a construct of generalized workplace discrimination that...

The paper addresses the problem of the allocation of decision rights on the shop floor. We try to solve particular limitations of Agency Theory by presenting a complementary approach based on Organization Theory and Transaction Cost Economics. Empirical evidence stems from two industries with...

A comprehensive model of work-based learning is illustrated combining explicit and tacit forms of knowledge and theory and practice modes of learning at both individual and collective levels. The model is designed to bring together epistemic contributions which are typically studied in...

The dominant agency-cost paradigm for the analysis of corporate law is based on the proposition that the welfare of society is best met by rules which minimise the costs of production through the corporate form. This is typically interpreted to mean that the agency costs of shareholders should...

This paper examines four terms that are used a great deal by economists and demonstrates that they are often misunderstood. Not fully comprehending the meaning of these terms can result in serious problems for society. Thus, Greenspan admitted that not knowing how self-interest works resulted in...

The term ‘incentive' (from Latin incentivum ‘something that sets the tune') is a tangible and/or intangible reward that motivates people and creates favorable environmental conditions to maximize performance to achieve specific goals in organization or competition and/or society

We develop a model of team formation in which workers learn about their level of ability. We show that insufficient cooperation may arise as workers learn positively about their own skills. We then build a model for team managers and establish that their objectivity in assessing coworkers'...

The impact of the forces of globalisation on managerial practices across national boundaries has renewed interest in examining the degree to which culture impacts on the effectiveness of such practices. Increased employee interaction with global customers and the growth in cross-cultural...

To survive in the environment of severe competition, an organization depends on innovation. Creative and innovative ideas in the multiple areas of operation from organizational strategy to product conceptualization, design, development, manufacturing and even marketing initiated by innovators...