This work has as objective to show and approach the relationship between innovation and competitiveness in the different countries of the world. In this study are present 73 countries from Europe, Africa, North and South America and Asia. I concluded that by fact we are living in globalization...

In places that are not World Heritage sites, communities produce material culture continuously as a form of interaction between themselves and their environments. In the Okavango Delta region, crafts are a good example of such material culture. Today, the concept of ‘World Heritage’ is led...

A new economic revolution liberating financial markets? Seeks to answer some of the questions driving the existential crisis embroiling finance: What is currency? What is value? What is a business? What is a bank, even?This article discusses how regulatory reform, transformative technologies,...

This short case introduces accounting and finance students and practitioners to bank accounting for derivatives using Goldman Sachs 2013 financial statements as an illustrative case. The technical knowledge assumed is very basic. We begin with the basic accounting equation of assets =...

During the last few decades, the internet and digital technology have fundamentally changed the global music industry. As a consequence, new companies and novel business models have emerged. Spotify, one of the new players in the music industry, has expanded its business activities and grown to...

In this article we test the relationship between per capita income differential and exchange rate differential between two different economic background countries. Recent researches have been done on the testing of international Fisher effect, Interest rate, GDP growth rate and purchasing power...

This paper explores the synchronicity of two mega-crises we are now facing: The BP oil spill and the repercussions of the 2008 financial meltdown. It examines some key common threads in both of these crises. The overarching message is that firms must maintain a culture of social responsibility,...

The petroleum industry is confronted with severe deficits in the institutional framework for global business. In order to fill the gap, companies react with voluntary commitments to ecological, social and governance standards. This study analyses a broad variety of Best Practice projects in...

Ideal for MBA students, this case presents an exercise that tests students' knowledge of financial accounting and reporting and how the tax system affects financial reporting. Students are asked to complete an exercise that focuses on the income tax footnote. This footnote provides information...