The concept of shareholder value has been the subject of heated debate for 40 years. Surprisingly, the literature seems to overlook the fact that shareholder orientation by management is something completely different from the implementation of this idea in the well-known shareholder value concept, which aims to measure the contribu- tion of management to shareholder welfare. Using a mark…
The ultimate aim of family business research is the production of new actionable knowledge, that is rigorous, empirically verified recommendations that fit family business needs and benefit their business practice. Often- times, however, research efforts fall short in meeting this goal, leaving family business owners and managers with limited guidance other than anecdotal evidence, best …
A review of the literature on intellectual capital development was conducted using systemic criteria for the inclusion of relevant studies. The concepts behind the ideas explored in the present study were discussed in respect to the subject matter. Examining the past state of the art in the intellectual capital sector for achieving high levels of innovation performance provided a multidi- m…