hierarchical, and many nations today are vast compared to the empires of the ancient world. Thus, Manning rephrases his definition of empire to be: “A territorially extensive hierarchical political organization involving the rule of one or more groups over other groups of foreigners.” But what causes empire? There are two models worth explaining. One is originated by the Greek historian Thucydides, famous for the quote “The strong do what they can and the
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dominance. 1898- Victory in the Spanish-American war marks the rise of ‘American Imperialism’ and establishes control over Cuba and the Philippines 1901- Theodore Roosevelt becomes president after the assassination of McKinley. The Platt Amendment is passed by Congress 1904- Thedore Roosevelt proclaims the Roosevelt Corollary to the Monroe Doctrine after etsablishing US influence over Panama. 1905- President Roosevelt acts as mediator in the Treaty of New Hampshire ending the Russo-Japanese War.
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Finance: A Review and Synthesis Avanidhar Subrahmanyam Anderson Graduate School of Management, University of California at Los Angeles, USA E-mail: subra@anderson.ucla.edu Abstract I provide a synthesis of the Behavioural finance literature over the past two decades. I review the literature in three parts, namely, (i) empirical and theoretical analyses of patterns in the cross-section of average stock returns, (ii) studies on trading activity, and (iii) research in corporate finance. Behavioural
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Cash, Paper-based and Electronic Payments: A Theoretical Approach Francisco Calladoy Jana Hromcováz and Natalia Utrero , Abstract In this paper we provide a general equilibrium model that helps explaining payment choice at the retail level: cash, electronic and paper-based instruments. In particular, it provides theoretical foundations to reconcile previous empirical evidence on the matter. Payment pattern of a given country can be shaped by the payment infrastructure, the cost of each payment
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post-war period and the current debate on labor rights in international trade agreements. 1. Introduction The United States government has been, without doubt, the decisive force in establishing and shaping the main multilateral institutions of the world market since the Second World War. It has consistently pursued the opening of other nations’ markets to gain foreign suppliers. This leadership in liberalizing international trade has been mainly achieved by lowering access barriers to the American
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Psychological Review 2005, Vol. 112, No. 3, 629 – 649 Copyright 2005 by the American Psychological Association 0033-295X/05/$12.00 DOI: 10.1037/0033-295X.112.3.629 Toward a More Pragmatic Approach to Morality: A Critical Evaluation of Kohlberg’s Model Dennis L. Krebs and Kathy Denton Simon Fraser University In this article, the authors evaluate L. Kohlberg’s (1984) cognitive– developmental approach to morality, find it wanting, and introduce a more pragmatic approach. They review research
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Describe the current market structure and trends of US equities trading. The current US equity trading market structure can be evaluated from different perspectives. In light of the actual case study the focus of this brief analysis lies on the way how trades were respectively are actually pursued. Originally - until the late 1970s / early 1980s – trading took place on a physical trading floor. Brokers among floor traders and runners once populated the physical exchanges (Siddaiah, 2009). Nowadays the
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History and Evolution of CSR: Indian Detailed Before the term and concept of corporate social and environmental responsibility came into common usage in the 1990s, the terms “charity” and “philanthropy” were prevalent in business circles. The idea of corporate involvement in social well-being as a voluntary response to social issues and problems and responsible behaviour in business, is as old as business itself. However, although the evidence of the concern of business for society goes back several
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Nevertheless, there is a paucity of literature addressing the implications of foreign investment towards the sustainability of business amongst Malaysian Bumiputera (Indigenous) new technology-based firms (NTBFs). Utilizing Weick’s (1989) conceptual theory building approach, this study provides a foundation for conceptualizing the implications of foreign investment in Malaysian Bumiputera new technology-based firms. Through systematic documentary analysis of the development of foreign investment activities
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Indeed, many studies have confirmed that most physiological processes deteriorate progressively after about thirty years of age, some functions more severely affected than others. Most of the research on age-associated physiological deterioration has utilized cross-sectional studies; that is, subjects of different ages are studied at a given point in time (e.g., the calendar year 1990). These are called cross-sectional studies because the data are collected from a cross section of the population
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