Managerial Discretion in Imperfect Markets

Managerial Discretion in Imperfect Markets

Author: T. V. S. Ramamohan Rao

Publisher: Springer Nature

Published: 2023-05-30

Total Pages: 196

ISBN-13: 9819915376

DOWNLOAD EBOOK

This book deals with behavioral responses of management of firms that make several decisions with respect to production, marketing, finance, organization of activities within divisions, and interrelations between divisions (including synergies between them and constraints placed on each other in the attainment of overall goals of the firm). The market conditions, that constitute the basis of such decisions, may be stable, random but predictable, or uncertain. It can be expected that objectives attained by the firm, as a result of decisions of management, may be different from the maximum which can be achieved. A generic conceptualization of such managerial discretion and operationally useful methods of measurement have been presented. It is possible to develop machine learning algorithms on this basis to minimize managerial discretion and assist managers in arriving at strategic decisions thereby leaving more resources to deal with uncertain events as they arise. The volume is a great resource not only for researchers, but also decision makers in corporates.


Managerial Discretion in Imperfect Markets

Managerial Discretion in Imperfect Markets

Author: T. V. S. Ramamohan Rao

Publisher:

Published: 2023

Total Pages: 0

ISBN-13: 9789819915385

DOWNLOAD EBOOK

This book deals with behavioral responses of management of firms that make several decisions with respect to production, marketing, finance, organization of activities within divisions, and interrelations between divisions (including synergies between them and constraints placed on each other in the attainment of overall goals of the firm). The market conditions, that constitute the basis of such decisions, may be stable, random but predictable, or uncertain. It can be expected that objectives attained by the firm, as a result of decisions of management, may be different from the maximum which can be achieved. A generic conceptualization of such managerial discretion and operationally useful methods of measurement have been presented. It is possible to develop machine learning algorithms on this basis to minimize managerial discretion and assist managers in arriving at strategic decisions thereby leaving more resources to deal with uncertain events as they arise. The volume is a great resource not only for researchers, but also decision makers in corporates.


The Globalization of Corporate Governance

The Globalization of Corporate Governance

Author: Alan Dignam

Publisher: Routledge

Published: 2016-03-09

Total Pages: 464

ISBN-13: 1317030060

DOWNLOAD EBOOK

The process of economic globalization, as product and capital markets have become increasingly integrated since WWII, has placed huge, and it is argued by some, irresistible pressures on the world's 'insider' stakeholder oriented corporate governance systems. Insider corporate governance systems in countries such as Germany, so the argument goes, should converge or be transformed by global product and capital market pressures to the 'superior' shareholder oriented 'outsider' corporate governance model prevalent in the UK and the US. What these pressures from globalization are, how they manifest themselves, whether they are likely to cause such a convergence/transformation and whether these pressures will continue, lie at the heart of the exploration in this volume. The Globalization of Corporate Governance provides a detailed analysis of the evolution of the key corporate governance systems in the UK, the US and Germany from the perspective of the development of economic globalization. As such it is a valuable resource for those interested in how economic and legal reforms interact to produce change within corporate governance systems.


Company Law

Company Law

Author: Alan J. Dignam

Publisher: Oxford University Press, USA

Published: 2014

Total Pages: 575

ISBN-13: 0198704135

DOWNLOAD EBOOK

With particular emphasis on corporate governance and the theoretical bases underlying company law, this book focuses on key principles taught on undergraduate courses and is highly praised for its clarity of explanation and authoritative style.


Money, Markets, and Mobility

Money, Markets, and Mobility

Author: Robert A. Mundell

Publisher: IRPP

Published: 2002

Total Pages: 356

ISBN-13: 9780889118201

DOWNLOAD EBOOK

Money, Markets, and Mobility celebrates the research and ideas of Canadian-born 1999 Nobel Laureate Robert A. Mundell.


MANAGERIAL ECONOMICS, Third Edition

MANAGERIAL ECONOMICS, Third Edition

Author: NADAR, E. NARAYANAN

Publisher: PHI Learning Pvt. Ltd.

Published: 2020-06-01

Total Pages: 367

ISBN-13: 9387472809

DOWNLOAD EBOOK

Managerial Economics has assumed a predominant role in today's globalized and liberalized economy because of the financial implications of many decisions that a manager has to take in his day-to-day professional life. This comprehensive and student-friendly book strives to equip the young, practising and budding managers to find solutions to the real-world problems through the efficient and effective use of economic tools and techniques. The authors who admirably combine academic and professional experience give a clear and straightforward analysis of the various topics in managerial economics. The text begins with an overview of managerial economics and describes the modern business firm and its objectives along with the concepts of market mechanism, demand theory and production analysis. The text then moves further to explain managerial techniques, macroeconomic theory and international trade and finance along with the risks and uncertainties involved in business. Besides, it also explains the cost and revenue, supply, pricing, profit and investment analyses. Finally, this book discusses some important Case Studies to reinforce the concepts presented in the text. The third edition of the book comprises multiple choice questions (with answers) at the end of each chapter to test the understanding of the concepts discussed in the chapter. Besides, the objectives, strategies and initiatives of the twelfth five year plan (2012–2017) of Planning Commission as well as a new section on Replacement of Indian Planning Commission with NITI Aayog have been incorporated in the chapter on Macroeconomic Analysis. Intended as a text for postgraduate students of Management, Commerce and Economics, the book would also be useful for undergraduate engineering courses where Managerial Economics is offered. Finally, the book can be profitably used by marketing and management consultants, business executives and other related professionals. KEY FEATURES • Includes several simple, numerical examples with solutions for easy understanding of theory. • Contains a large number of tables and figures to illustrate the concepts. • Provides chapter-end exercises to check students' comprehension of the subject. TARGET AUDIENCE • MBA • M.Com • M.A. Economics


MANAGERIAL ECONOMICS

MANAGERIAL ECONOMICS

Author: E. NARAYANAN NADAR

Publisher: PHI Learning Pvt. Ltd.

Published: 2012-07-07

Total Pages: 261

ISBN-13: 8120346165

DOWNLOAD EBOOK

Managerial Economics has assumed a predominant role in today’s globalized and liberalized economy because of the financial implications of many decisions that a manager has to take in his day-to-day professional life. This comprehensive and student-friendly book, now in its second edition, strives to equip the young, practising and budding managers to find solutions to the real-world problems through the efficient and effective use of economic tools and techniques. The authors who admirably combine academic and professional experience give a clear and straightforward analysis of the various topics in managerial economics. The text begins with an overview of managerial economics and describes the modern business firm and its objectives along with the concepts of market mechanism, demand theory and production analysis. The text then moves further to explain managerial techniques, macroeconomic theory and international trade and finance along with the risks and uncertainties involved in business. Besides, it also explains the cost and revenue, supply, pricing, profit and investment analyses. Finally, this book discusses some important Case Studies to reinforce the concepts presented in the text. In this edition, a new section on eleventh five year plan (2007–2012) has been included in Chapter 15 to enhance the utility of the book. Intended as a text for postgraduate students of Management, Commerce and Economics, the book would also be useful for undergraduate engineering courses where Managerial Economics is offered. Finally, the book can be profitably used by marketing and management consultants, business executives and other related professionals. KEY FEATURES : Includes several simple, numerical examples with solutions for easy understanding of theory. Contains a large number of tables and figures to illustrate the concepts. Provides chapter-end exercises to check students’ comprehension of the subject.