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OverviewThe continuation of global poverty is inextricably entwined with the fundamental philosophy of the market economy. It is driven by the individual's neverending desire for ""profit"", leading to a critically imbalanced distribution of resources. As an entrepreneurial initiative, this book advocates a shift in the responsibility for relief of poverty away from the government to the private sector, and in particular to corporate entities. The concept of the ""residual"" is used as the cornerstone of business operations and wealth distribution. Corporate decision-makers, while making proprietary decisions for resources allocation, must assume stewardship responsibility and be accountable not just to financial investors but to all contributors of the corporate entity. Full Product DetailsAuthor: Kenneth R Kao (Memorial Univ Of Newfoundland, Canada) , Raymond W Y Kao (Ryerson Univ & Mcmaster Univ, Canada) , Rowland R Kao (Univ Of Glasgow, Uk)Publisher: World Scientific Publishing Co Pte Ltd Imprint: World Scientific Publishing Co Pte Ltd Dimensions: Width: 15.50cm , Height: 1.60cm , Length: 23.70cm Weight: 0.408kg ISBN: 9789812560063ISBN 10: 9812560068 Pages: 196 Publication Date: 01 December 2004 Audience: General/trade , Professional and scholarly , General , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Awaiting stock The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you. Table of ContentsGlobal Poverty and the Market Economy; The Band-Aid Approach to Human Poverty; The Nature of Ownership; Custodianship, Ownership Rights, and Stewardship Responsibility; Cost; From Cost to Profit; The Market Economy, Profit and Corporate Residual; Residual and Social Enterprise; How Accounting May Help to Relieve the Pressure of Global Poverty; Is It the End or an End of a Beginning?;Reviews"This excellent book attacks issues such as excess, poverty, wealth and sustainability in modern society. Its authors propose a new way of approaching, using and distributing wealth, and the information it provides is extremely relevant to the field of entrepreneurship."" Louis Jacques Filion Maclean Hunter Professor of Entrepreneurship Ecole des Hautes Etudes Commerciales de Montreal Montreal Business School, Canada ""Kao's cost analysis is right on, messages deserve to be seen, inwardly digested, and most important of all, acted upon. I hope we live to see even a small measure of positive change."" Gord Fuller, FCGA Executive Director, Certified General Accountants, Association of Ontario" This excellent book attacks issues such as excess, poverty, wealth and sustainability in modern society. Its authors propose a new way of approaching, using and distributing wealth, and the information it provides is extremely relevant to the field of entrepreneurship. Louis Jacques Filion Maclean Hunter Professor of Entrepreneurship Ecole des Hautes Etudes Commerciales de Montreal Montreal Business School, Canada Kao's cost analysis is right on, messages deserve to be seen, inwardly digested, and most important of all, acted upon. I hope we live to see even a small measure of positive change. Gord Fuller, FCGA Executive Director, Certified General Accountants, Association of Ontario Author InformationTab Content 6Author Website:Countries AvailableAll regions |
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