It is the theory that goes forward and tries to explain the relational satisfaction in terms of understanding of the fair distribution of the resources with the various interpersonal skills. Also known as the justice theories‚ the theory was found by John Stacey Adams‚ who maintained his ...
Actually, the originaljusticetheory, calledequity theory, was focused on a process, that is, the comparison between the outcomes that an individual receives and the outcomes that others receive. Moreover, these outcomes were appraised in relation to the inputs used to derive them. Hence, the th...
Most economic theory uses a utilitarian approach as its ethical framework, but this may conflict with other moral values that people hold, leading to an equity-efficiency tradeoff. Inequality and the redistribution of income is a common example of an equity-efficiency tradeoff. Understanding the Equ...
Here, the calculation result was 0.47%. The small percentage indicates that the profit margins brought by new users after October 2018 were quite limited. 6. Managerial Relevance and Conclusions As the marketing theory and practice becoming more and more customer-centered, customers and relationships...
In simple terms, efficiency describes a situation where a certain level of utility (i.e., a measure of satisfaction) is reached by maximizing resources in the least expensive way possible. Under the basic assumption that utility can be measured objectively, orthodox economic theory stopped focusing...
The capital asset pricing model, however, can be used on any stock, even if the company does not pay dividends. That said, the theory behind CAPM is more complicated. The theory suggests that the cost of equity is based on the stock’svolatilityand level of risk compared to the general ...
They interpret this finding as a violation of the pecking order theory. However, it is not clear that the evidence in Fama and French (2005), or studies of the Shyam-Sunder and Myers (1999) type of financing deficit, have the requisite power to reject the (basic) pecking order theory. ...
The purpose of the study was to test the validity of two partly compet... AV Knippenberg,HV Oers - 《British Journal of Social Psychology》 被引量: 119发表: 1984年 Deal‐making and rule‐breaking: behind the façade of equity in academia Using social identity theory and the leader member...
I’m reminded of the term “sweat equity,” the work and time a business owner puts into the business. I suppose the term is technically correct under capitalist theory. But I’ve always suspected that the term was/is used because “labor” is perceived to not be of sufficiently-worthy ...
Ethical approval of the study was granted by Ulster University. The participants were first introduced to the aims and objectives of the study with the participant information sheet and were given a choice to withdraw from the interviews and questionnaires if they wished so. All participants gave...