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| Titre | Date | Durée | |
|---|---|---|---|
| The intellectual foundations of the shareholder value model | 09 Mar 2010 | 00:01:28 | |
Dr Mike Lucas of The Open University Business School explains how the experience of working and teaching in accounting and finance has forced him to a fundamental reappraisal of the idea that businesses’ objective is to maximise shareholder wealth. | |||
| The case for shareholder wealth | 09 Mar 2010 | 00:06:12 | |
Alan Shipman of The Open University Economics Department recalls the origins and optimistic expectations of the shareholder value ‘revolution’, inspired by economic ideas of profit-maximisation and a political turn against profligate management. | |||
| The problems with the shareholder value model | 09 Mar 2010 | 00:00:39 | |
Dr Mike Lucas probes the shareholder value model, identifying its adverse effects on employees, consumers, the social and natural environment – and ultimately on shareholders themselves. | |||
| What went wrong with shareholder value? | 09 Mar 2010 | 00:05:44 | |
Alan Shipman examines the unintended fallout from the shareholder value ‘revolution’, and reasons for the rapid rise and fall of value-driven productivity and profits. | |||
| An alternative framework | 09 Mar 2010 | 00:02:22 | |
Dr Mike Lucas outlines the key aspects of a Buddhist approach to business and economics, and its potential for a fundamental break from the individualism and constant expansionism of conventional economics. | |||
| The implications of the Eightfold path | 09 Mar 2010 | 00:01:44 | |
Dr Mike Lucas explains the implications of a new business model based on Buddhist economics, and how it could promote a new governance structure re-connecting the corporation with the community. | |||
| The implications of Buddhist Economics for a new business model | 09 Mar 2010 | 00:01:30 | |
Dr Mike Lucas looks at the social implications of a new business model based on Buddhist economics. | |||
| Successful alternatives | 09 Mar 2010 | 00:07:11 | |
Alan Shipman highlights the range of partnership, family, mutual and cooperative enterprises which have successfully resisted pressures to become a ‘public limited company’, and whose market leadership adds to the pressure to reform the shareholder model. | |||
| How would conventional accounting change? | 09 Mar 2010 | 00:01:03 | |
Dr Mike Lucas assesses the changes to conventional accounting methods, and management teaching, that would be needed to establish a new business model based on Buddhist economics. | |||
| Economics and accounting of the future? | 09 Mar 2010 | 00:15:57 | |
Alan Shipman and Dr Mike Lucas of The Open University discuss the problems of adopting new business models in a world where accounting and business education are still dominated by profit-maximising ‘shareholder value’, and the challenges ahead for those pursuing a Buddhist economics alternative. | |||
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