Apple's Changing Business Model: What Should the World's Richest Company Do with All Those Profits?
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In this paper, the authors employ the theory of innovative enterprise to analyze how over the course of its 37-year history Apple became so profitable, and argue that there is no economic justification from a risk-reward perspective for this distribution to Apple's shareholders.About:
This article is published in Accounting Forum.The article was published on 2013-12-01 and is currently open access. It has received 35 citations till now. The article focuses on the topics: Market capitalization.read more
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Accounting for the fictitious: a Marxist contribution to understanding accounting's roles in the financial crisis
TL;DR: This article argued that the accounting profession's adoption of financial economic rationalities meant that it helped to animate the form of financialised neo-liberalism which dominated at the time of the crisis.
Posted Content
Financing the Capital Development of the Economy: A Keynes-Schumpeter-Minsky Synthesis
TL;DR: The role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom, is discussed in this paper.
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The Appleization of finance: Charting incumbent finance’s embrace of FinTech
TL;DR: In this article, the authors argue that while we are becoming aware of how technology giants such as Apple Inc. are making inroads into financial services, we need to become more sensitive to how financial incumbents mimick ICT firms while aiming to neutralize the FinTech challenge.
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Regional income disparities, monopoly and finance
TL;DR: In this article, the authors make four arguments about regional income disparities and conclude that the most efforts at local economic development would be best furthered by breaking up the concentrated economic power of technology and finance.
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Modeling the economic dependence between town development policy and increasing energy effectiveness with neural networks. Case study: The town of Zielona Gora
TL;DR: In this paper, the authors presented the distribution of market potential of savings for energy efficient renovations in construction on the example of a medium-sized city of Zielona Gora (Poland), which may be representative of cities in the country and in the world.
References
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Book ChapterDOI
Maximizing shareholder value: a new ideology for corporate governance
William Lazonick,Mary O'Sullivan +1 more
TL;DR: In the past two decades, the ideology of shareholder value has become entrenched as a principle of corporate governance among companies based in the United States and Britain this article and has become prominent in the corporate governance debates in European nations such as Germany, France and Sweden.
Journal ArticleDOI
The new competition : institutions of industrial restructuring
TL;DR: In this article, the authors present comparative theoretical perspectives on the American system, the Third Italy, the Industrial District as Collective Entrepeneur, and the New Competition: Interpretations and Challenges.
Journal ArticleDOI
Putting people first for organizational success
Jeffrey Pfeffer,John F. Veiga +1 more
TL;DR: A disturbing disconnect in organizational management Research, experience, and common sense all increasingly point to a direct relationship between a company's financial success and its commitment to management practices that treat people as assets Yet trends in management practice are actually moving away from these very principles as mentioned in this paper.
Book
Steve Jobs
TL;DR: Walter Isaacson as discussed by the authors wrote a book about the life and career of Apple co-founder and CEO, and found that the initial sadness in starting the book is soon replaced by something else, which is the intensity of the read.
Journal ArticleDOI
The risk-reward nexus in the innovation-inequality relationship: who takes the risks? Who gets the rewards?
TL;DR: In this paper, the authors present a framework, called the Risk-Reward Nexus, to study the relationship between innovation and inequality, arguing that it is the collective, cumulative, and uncertain characteristics of the innovation process that make this disconnect between risks and rewards possible.