In the face of the COVID-19 pandemic, drastic measures have been taken to reduce infection rates and prevent the economic recession from becoming a global depression. Meanwhile, corporations have been confronted with the challenge of designing special business strategies to deal with the pandemic’s economic and social consequences. To produce value in conditions of financial duress, many […]

Nature’s locus standi: Taking the Environment to Court

With institutions, both public and private, defining the functioning of major world economies, we have come a long way from the early days of industrialization to extensive urban development and technical advancement. In this developmental process, vital players in the economy seem to have neglected the importance of safeguarding the natural environment. Actions of individuals, […]

Corporate Income Tax and CSR

Corporate social responsibility (CSR) means that a company commits to carry out its business in an ethical way to ensure that there is a positive impact not only on its shareholders but also on its stakeholders, including employees, customers and suppliers, local communities, the environment, and the society at large. In today’s socially conscious environment, […]

Firms Response to Violent Conflicts

A large fraction of the world’s population live in regions affected by violent conflicts and instability. In 2016, more countries experienced violent conflicts than at any point in the last 30 years (United Nations, 2020). Violent conflicts such as war and terrorism can severely disrupt economic activity and determine the way economic agents behave. The effort to understand […]