Since 1980, US corporate valuations have risen relative to assets and operating margins have grown. The possibility of sustained economic rents has raised concerns about economic dynamism and inequality. But rising profits could represent growing returns to corporate investments in intangibles instead of returns to political rent seeking. Using new data on Federal regulation and data on lobbyin...

Until recently, changes in the governance of publicly-owned enterprises could be seen as a move along a spectrum which led inevitably to privatisation. The general rejection of privatisation as a policy, and increasing demands for systems of corporate governance that take account of social interests broader than those encompassed in the maximisation of shareholder value subject to legal and reg...

Any serious non-profit Board discussion of development strategies inevitably reaches a point where someone asserts, " why aren't we doing more with corporations? Our organization is a perfect match for corporate sponsors… so why aren't we pursuing those opportunities more aggressively? " Well, perhaps your non-profit is a perfect match for corporate sponsorship support. But attracting sponsorsh...

The objective of this study is to estimate and evaluate the corporate intangibles management. This study proposes a framework to measure the corporate performances produced by intangibles. First, the operating profit is divided into the non-intangible profit, which the company can produce without its own intangibles, and the intangible determinants of the profit. To divide the non-intangible pr...

corporate support for entrepreneurship is the most important element for the development of corporate entrepreneurship and is considered as one of the main corporate entrepreneurial antecedents. it involves trust in corporate staff and training them for promoting recognition of opportunities, exploring new and valuable resources, innovative productions and profit-making processes. corporate sup...

As an effective way to share corporate social responsibility, corporate donation comes forth rapidly and has become a tendency. Based on the relative study, we construct the theoretical model and analyze the relationship between corporate donation and corporate competitive advantage. The results are listed that five donation characteristics, that is, donation aims, donation methods, donation su...

TECHNICAL APPENDIX FOR MEASURING THE BURDEN OF THE CORPORATE INCOME TAX UNDER IMPERFECT COMPETITION APPENDIX A: THEORY In this section we first summarize the Davidson and Martin (1985) (DM) model of the incidence of the corporate income tax under imperfect competition and then derive a comparative static result that describes how the degree of imperfect competition affects the incidence of the ...

Economic profit is produced by entrepreneurs, those special individuals able to detect and seize as yet unexploited market opportunities. In general capitalist firms manage to deliver positive profits even in the most competitive environments. They can do so thanks to internal entrepreneurs, a subset of their employees able to drive change and develop innovation in the workplace. This paper arg...