Management cambridge.org/management2015
2015
Welcome to the Management books catalogue 2015. Here you will find new and forthcoming titles, representing the highest level of academic research and professional expertise from renowned authors around the world. Our highlights this year demonstrate a strong focus on entrepreneurship and innovation; including The Entrepreneurial Arch by Tim Faley, Strategic Conversations by JC Spender and Bruce Strong, and Dan Spulber’s latest book The Innovative Entrepreneur. We continue to publish the very best work on responsible business, including Gael McDonald’s new textbook Business Ethics and Sandra Waddock’s thought-provoking Intellectual Shamans. Our publications are available in a variety of formats, including ebooks and print, as well as online collections for institutional purchase via our publishing service University Publishing Online, which incorporates the Cambridge Books Online platform. We also publish a range of leading Management journals, including Business Ethics Quarterly and Management & Organization Review (see back inside page for more information). You can recommend our books, online collections and journals to your librarian by filling out the form at the back of this catalogue. To see more book listings, product information, preview extracts and reviews, and to find out which conferences we are attending, you can find us online at www.cambridge.org/ management2015. You can also keep up to date with the latest news and author views from our academic blog at www.cambridgeblog.org. For queries and suggestions, please consult the list of contacts at the back of this catalogue. To submit a proposal, please contact our Senior Commissioning Editor, Paula Parish: pparish@cambridge.org. We hope that you enjoy reading about our latest publications.
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Contents
see page 12
Business Ethics: A contemporary approach introduces students to ethical issues and decision-making in a variety of contemporary contexts.
for their professional careers. Business Ethics shows how theory works in practice. It includes hundreds of real-world examples that will help engage students. Examples draw on recent and emerging concerns, such as the moral implications of social media and the enforcement of codes of behaviour within industries. The book also addresses corporate social responsibility, stakeholder management and sustainability, reflecting the broad scope of business ethics today.
Management (general) 1 Strategic management 2 Organisation studies 4 International business 6 Responsible and ethical business 12 Governance 17 Human resource management 18 Entrepreneurship and innovation 21 Marketing 26 Finance 29 Economic history 34 Also of interest 36 Information on related journals Inside back cover
Comprehensive online resources are available at www.cambridge.edu. au/academic/businessethics. Student resources include additional review questions and case studies, with answer guides, to help students reinforce learning and prepare for assessment tasks. Instructor resources include an extensive set of tutorial exercises, PowerPoint slides and a test bank of assessment resources.
McDonald
9781107674059 mcdonald - business ethics cmyk
It develops an awareness of the many ways in which ethical considerations can manifest in commercial domains, thereby helping prepare students
a contemporary approach Gael McDonald
Business Ethics will equip students with the individual and organisational strategies to analyse and improve the ethical climate in workplaces, professions and commercial life in general. Gael McDonald is President, RMIT University, Vietnam.
Cover image: © Razvan Ionut Dragomirescu / Dreamstime
CambrIdgE ComPanIonS To managEmEnT
S T r aT E gIC Ta l E n T m a nagE m E n T
see page 20
Contemporary Issues in International Context Edited by Paul Sparrow, Hugh Scullion and Ibraiz Tarique
see page 21
The Entrepreneurial Arch A Strategic Framework for Discovering, Developing and Renewing Firms
T i moT h y L. FA Ley
see page 22
“Having already established himself as one of the leading economic theorists of entrepreneurship of all time, Dan Spulber applies his analytical powers to the theory of innovative entrepreneurship, the most important kind for societies in the long run. This book will become a classic.” – Robert Litan, Director of Research, Bloomberg Government “A brilliant and prolific scholar of managerial economics, Daniel Spulber asks why people with new technologies sometimes start their own firms. They could develop the technology within existing firms, but they choose to bring it to a new firm instead. The puzzle is not easy to solve, but Spulber does this nicely by identifying the costs that incumbent firms would incur to readjust their focus and the problems that inhere in the market for new technologies. This is a study that will profoundly change the way that we understand the role that new firms play in promoting innovation.” – J. Mark Ramseyer, Harvard Law School
Daniel F. Spulber is the Elinor Hobbs Distinguished Professor of International Business and Professor of Management Strategy at the Kellogg School of Management, Northwestern University. He is also Professor of Law at the Northwestern University Law School (Courtesy). Professor Spulber is the Research Director for the Searle Center on Law, Regulation and Economic Growth. He served as the founding director of Kellogg’s International Business and Markets Program.
Cover image © DrAfter123 / Getty Images Cover design by Alice Soloway
The Innovative Entrepreneur
The Innovative Entrepreneur
“It is no coincidence that Dan Spulber has written this book on the economic contributions of the innovative entrepreneur’s initiative and creativity, as it has been Spulber’s own initiative and creativity that have been largely responsible for developing an economic theory of the innovative entrepreneur.” – Robert J. Strom, PhD, Ewing Marion Kauffman Foundation
Spulber
Advance Praise for The Innovative Entrepreneur
Daniel F. Spulber
see page 23
Featured authors Roland Paulsen, Lund University, Sweden Author of Empty Labor Looking at how people do not work while at work is an
emp t y
l a b or
efficient way of studying the absurd aspects of wage labor.
Workplace Idleness and Resistance
Work is often conceived as the societal hub of rationality in social science, but the phenomenon of empty labor reveals the struggles, implicit norms, and knowledge gaps that we
Rol a nd “An indisp
all encounter in our jobs. Empty Labor is the first critical study of
Pau lse n
ensable analys
Corinne Maier,
is of idlene
author of Bonjour
ss at work.”
Paresse
this phenomenon, drawing on extensive interview material and generating notable media attention.
Sandra Waddock, Boston College, Massachusetts Author of Intellectual Shamans Intellectual Shamans vividly uses stories of leading edge management scholars, who transcend disciplinary, sector,
PB C M Y K
academic career progression.
practices, and insights to transform scholarship. The book uses
Carroll School Scholar Galligan Chair of Strategy, Sandra Waddock is the at Boston and Professor of Management of Corporate Responsibility, published ten books and of Management. She has College’s Carroll School responsibility, multitopics related to corporate more than 100 papers on Her recent publications management education. sector collaboration, and Rasche (2012) Enterprise with Andreas include Building the Responsible McIntosh (2011). and SEE Change with Malcolm
the idea of the shaman – the healer, connector, and sensemaker **Couple of endorsements**
– to demonstrate how scholars can fulfil their potential, and in the process, help to heal a troubled world.
Intellectual Shamans
connector, and shaman is the healer, the academy, In traditional cultures, the Today in the management the spiritual leader or sensemaker. a similar role – intellectual gifts to perform some individuals use their as well as disciplines, ideas, and theories, mediating between various This book, based and research for others. making sense of ideas, insights, academics, 28 very well-known management on the work and lives of be an intellectual – and what it takes – to describes what it means and the sometimes insight into the career paths shaman. It is a fascinating to achieve success. has allowed these individuals both maverick behavior that Intellectual Shamans provides of Based on extensive interviews, system and a critique of the current a roadmap to junior scholars
specialization to create holistic, constructive theories, ideas,
waddock
9781107448377 Waddock
and research-teaching-practice divides in ever-narrowing
Intellectual Shamans
Making a Difference Management Academics
Sandra Waddock Cover image: © iStock/Getty
Images
Cover design by Zoe Naylor
Visit www.cambridge.org/authorhub for a range of step-by-step guides for authors
Management (general)
Management (general) Learning as a Generative Activity Eight Learning Strategies that Promote Understanding Logan Fiorella University of California, Santa Barbara
and Richard E. Mayer University of California, Santa Barbara
This book offers an accessible introduction to eight effective, evidencebased strategies that improve learning: summarizing, mapping, drawing, imagining, self-testing, self-explaining, teaching, and enacting. The authors focus on generative learning, in which learners select relevant pieces of information, organize them into a coherent cognitive structure, and integrate them with existing knowledge. 2015 228 x 152 mm 236pp 6 b/w illus. 25 tables 978-1-107-06991-6 Hardback £65.00 / US$99.00
partly because the virtual, and in fact, the physical appearance of a typical office looks about the same. Nevertheless, the psychological characteristics of the workplace have changed considerably. Workers, from the mail room clerk to the CEO, are learning new skills – to capitalize on the net’s power, but avoid the egregious blunders that the net so dramatically amplifies. In The Internet in the Workplace, Wallace shows how netcentric technologies touch every kind of workplace, and explores the challenges and dilemmas they create. 2014 234 x 156 mm 316pp 978-1-107-46011-9 Paperback £22.99 / US$34.99 Also available 978-0-521-80931-3 Hardback £39.99 / US$54.99 For all formats available, see
www.cambridge.org/9781107460119
Consumer Lending in France and America Credit and Welfare Gunnar Trumbull
For all formats available, see
Harvard Business School
www.cambridge.org/9781107069916
Why did America embrace consumer credit throughout the twentieth century, when most other countries did not? How did American policy makers by the late twentieth century come to believe that more credit would make even poor families better off? This book traces the historical emergence of modern consumer lending in America and France.
New in Paperback
The Internet in the Workplace How New Technology Is Transforming Work Patricia Wallace The Johns Hopkins University
The capabilities offered by netcentric technologies might seem to eliminate the need for physical workplace altogether, but the workplace remains,
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‘Trumbull pursues the problem of American indebtedness in ways unlike other books published on the subject, and his style is clear and reader-friendly. The central claim that emerges is counterintuitive, yet will
eBooks available at www.cambridge.org/ebookstore
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Management (general) / Strategic management make scholars working to understand modern credit markets wonder, like me, that no one had seen this before. Trumbull’s argument is tremendously illuminating and largely persuasive. He has made a significant contribution to what we know about the history of consumer credit and its continuing social significance.’ Lendol Calder, Augustana College 2014 228 x 152 mm 239pp 10 b/w illus. 978-1-107-01565-4 Hardback £55.00 / US$90.00 978-1-107-69390-6 Paperback £22.99 / US$34.99 For all formats available, see
www.cambridge.org/9781107015654
Analytics for Leaders A Performance Measurement System for Business Success N. I. Fisher ValueMetrics, Australia
Practical introduction to a novel system of performance measurement for a variety of enterprises, written for practitioners and students alike. 2013 228 x 152 mm 241pp 53 b/w illus. 38 tables 978-1-107-04556-9 Hardback £32.00 / US$45.00 For all formats available, see
www.cambridge.org/9781107045569
Strategic management Key Reference
Cambridge Handbook of Strategy as Practice Second edition Edited by Damon Golsorkhi Grenoble School of Management
Linda Rouleau HEC Montréal
David Seidl Universität Zürich
and Eero Vaara Svenska Handelshögskolan, Helsinki
Now in its second edition, this extended and thoroughly updated handbook introduces researchers and students to the growing range of theoretical and methodological perspectives being developed in the vibrant field of strategy as practice. With new authors and additional chapters, it shows how the strategy as practice approach in strategic management moves away from disembodied and asocial studies of firm assets, technologies and practices to explore and explain the contribution that strategizing makes to people working at all levels of an organization. It breaks down many of the traditional paradigmatic barriers in strategy to investigate who the strategists are, what they do, how they do it, and what the consequences or outcomes of their actions are. This essential work summarizes recent developments in the
Strategic management field while presenting a clear agenda for future research. 2015 247 x 174 mm 550pp 14 b/w illus. 25 tables 978-1-107-07312-8 Hardback c. £95.00 / c. US$152.00 Publication June 2015 For all formats available, see
www.cambridge.org/9781107073128
New in Paperback
Service Business Development Strategies for Value Creation in Manufacturing Firms Thomas Fischer Universität St Gallen, Switzerland
Heiko Gebauer Universität St Gallen, Switzerland
and Elgar Fleisch Universität St Gallen, Switzerland
A thorough overview of the strategies available for value creation through service business development. 2014 229 x 152 mm 320pp 61 b/w illus. 41 tables 978-1-107-65207-1 Paperback £27.99 / US$45.00
Textbook
Short Introduction to Strategic Management Torben Juul Andersen Copenhagen Business School
Provides a concise yet rigorous introduction to strategic management and its contemporary challenges, with multiple examples, case studies and references. ‘The Short Introduction to Strategic Management gives a solid grounding in the strategy field and updates corporate decision makers on how to deal with contemporary challenges in turbulent business environments. This book makes a valuable contribution to the management literature.’ Richard A. Bettis, Ellison Distinguished Professor of Strategy and Entrepreneurship, University of North Carolina, Chapel Hill
Contents: Preface; 1. The strategy concept; 2. Strategy formulation; 3. Strategy execution; 4. Integrative strategy; 5. Multinational corporate strategy; 6. Strategic leadership; Index. Cambridge Short Introductions to Management
Also available 978-1-107-02245-4 Hardback £69.99 / US$104.99
2013 216 x 138 mm 316pp 93 b/w illus. 978-1-107-03136-4 Hardback £45.00 / US$80.00
For all formats available, see
978-1-107-67135-5 Paperback £17.99 / US$27.99
www.cambridge.org/9781107652071
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Organisation studies
Organisation studies Textbook
Organizational Design A Step-by-Step Approach Third edition Richard M. Burton Duke University, North Carolina
Børge Obel Aarhus Universitet, Denmark
and Dorthe Døjbak Håkonsson Aarhus Universitet, Denmark
Written specifically for executives and MBA students, the third edition of this successful textbook provides a step-by-step guide to designing an organization, from diagnosis, to design and implementation. It includes a new chapter on project management, additional case studies and a rich package of online tools. Contents: List of figures; List of tables; Preface to first edition; Preface to second edition; Preface to third edition; An outline of the step-by-step approach; Step 1. Getting Started: 1. Assessing scope and goals of the organization; Step 2. Assessing the Strategy: 2. Strategy; 3. Environment; Step 3. Analyzing the Structure: 4. The configuration of the firm; 5. New organizational forms; Step 4. Assessing Processes and People: 6. Task design; 7. People; 8. Leadership and organizational climate; Step 5. Analyzing Coordination, Control and Incentives: 9. Coordination, control, and information and knowledge systems; 10. Incentives; Step 6. Designing
the Architecture: 11. Designing the architecture and the sequence of change; Step 7. Implementing the Architecture: 12. Implementing the change: who should do what when?; References; Index. 2015 247 x 174 mm 320pp 39 b/w illus. 18 tables 978-1-107-09765-0 Hardback £69.99 / US$110.00 978-1-107-48361-3 Paperback £29.99 / US$54.99 Publication May 2015 For all formats available, see
www.cambridge.org/9781107097650
Managing and Working in Project Society Institutional Challenges of Temporary Organizations Rolf A. Lundin Jönköping International Business School
Niklas Arvidsson Royal Institute of Technology, Stockholm
Tim Brady University of Brighton
Eskil Ekstedt Uppsala Universitet, Sweden
Christophe Midler Ecole Polytechnique, Paris
and Jörg Sydow Freie Universität Berlin
Businesses and public organizations are increasingly challenged by projectification – the movement towards projects and other forms of temporary management and work. Written for researchers, graduate students, and professionals, this book examines the effects, opportunities and complications
Organisation studies of a project society, with suggested ways to better handle the change. 2015 228 x 152 mm 304pp 9 b/w illus. 978-1-107-07765-2 Hardback £64.99 / US$99.99 Publication July 2015 For all formats available, see
www.cambridge.org/9781107077652
Management as Consultancy Neo-bureaucracy and the Consultant Manager Andrew Sturdy University of Bristol
Christopher Wright University of Sydney
and Nick Wylie Oxford Brookes University
Written for researchers, professionals and students, this timely book explores how management is changing by adopting consultancy practices. Based on a large-scale, international study of new management practices, it sheds light on the role of the consultant manager and examines the threat it poses to external consultancy. ‘The central proposition of this book is highly intriguing and captured my attention immediately. The authors argue convincingly that we need to re-think our assumptions about what management is and the role of management consultants as external experts doing different things to managers. It will have a very substantial impact on academic debate and, perhaps more importantly, on how practicing managers see their roles and careers.’ Timothy Morris, University of Oxford
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2015 228 x 152 mm 254pp 13 tables 978-1-107-02096-2 Hardback £65.00 / US$99.00 For all formats available, see
www.cambridge.org/9781107020962
Organising Music Theory, Practice, Performance Edited by Nic Beech University of Dundee
and Charlotte Gilmore University of Edinburgh
Dispelling the myth that the logic of creativity and business are opposed, this book sets up a unique dialogue between leading organisational theorists and music professionals to explore new ways to enhance performance. Balancing theory with a range of tales from the field, this innovative book will have wide appeal. ‘We have had the linguistic, reflexive, postmodern and practice turns, and we are now experiencing more of an exciting turn to explore what the language, organisation and practices of the arts can contribute to our understanding of organisational performance. This excellent book is a major contribution to this field, providing both a succinct and accessible contribution to the field of organisational studies, and case studies and reflections on what the field might learn from music and the music industry. I can thoroughly recommend it.’ Richard J. Badham, Macquarie Graduate School of Management, Sydney 2015 228 x 152 mm 446pp 2 b/w illus. 2 tables 978-1-107-04095-3 Hardback £70.00 / US$115.00 For all formats available, see
www.cambridge.org/9781107040953
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Organisation studies / International business New in Paperback
PowerPoint, Communication, and the Knowledge Society Hubert Knoblauch Technische Universität Berlin
This book explores the dynamics and limitations of PowerPoint as a means of communication. Learning in Doing: Social, Cognitive and Computational Perspectives
2014 229 x 152 mm 272pp 42 b/w illus. 3 tables 978-0-521-15008-8 Paperback £21.99 / US$31.99 Also available 978-0-521-19732-8 Hardback £64.99 / US$104.99 For all formats available, see
www.cambridge.org/9780521150088
International business Textbook
The Business Environment of Europe Firms, Governments, and Institutions Terrence R. Guay Pennsylvania State University
Written for advanced undergraduate and postgraduate students studying international business, European studies and political economy, this is the first textbook to provide a complete overview of Europe’s business environment, uncovering both the historical, political and cultural contexts of European business and the diverse nature of
Europe’s economy and government policies. ‘This is a clear, comprehensive and incisive look at Europe today and its relevance to global business in the twenty-first century. The author is both eloquent in explaining even the more difficult concepts and judicious in forming conclusions about where Europe stands today in the globalized world. He lucidly explains the leading scholarship in the field and, as importantly, pinpoints its relevance to on-the-ground business practice within the European context. This book will be of great interest to academics, researchers and global business practitioners. It should become the standard textbook for students of modern European business.’ Sanford L. Moskowitz, College of Saint Benedict, Saint John’s University
Contents: Acknowledgements; Preface; Part I. Understanding the Context of Europe’s Business Environment: 1. Introduction; Part II. The European Union: 2. Origins, development, and institutional framework; 3. Political economy of European integration; Part III. Models of Capitalism and National BusinessGovernment Relations: 4. Market capitalism; 5. Managed capitalism; 6. State capitalism; 7. Eastern Europe; Part IV. Government Policies and Globalization: 8. Promoting business; 9. Regulating business; 10. Globalization and global actors; Part V. Opportunities and Challenges: 11. Industries; 12. The road ahead; Glossary; Index. 2014 247 x 174 mm 363pp 25 b/w illus. 8 maps 42 tables 978-0-521-87247-8 Hardback £60.00 / US$95.00 978-0-521-69416-2 Paperback £29.99 / US$49.99 For all formats available, see
International business www.cambridge.org/9780521872478
Textbook
Management across Cultures Developing Global Competencies Second edition Richard M. Steers
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8. Leading global organizations; 9. Managing a global workforce; 10. Working with global teams; 11. Living and working globally; 12. Epilogue: the journey continues. 2013 247 x 174 mm 460pp 86 b/w illus. 978-1-107-03012-1 Hardback £69.99 / US$109.99 978-1-107-64591-2 Paperback £34.99 / US$59.99
University of Oregon
For all formats available, see
Luciara Nardon
www.cambridge.org/9781107030121
Carleton University, Ottawa
and Carlos J. Sanchez-Runde IESE Business School, Barcelona
Allows management students to acquire skills in multicultural competence that will be highly valued by their future employers. ‘This is an exceptional textbook. The authors artfully translate academic theory and empirical research findings to practical applications in a manner that makes for compelling reading. This book is a wonderful guide both to the student who is a ‘global neophyte’ and for students who have had the opportunity to live and perhaps work overseas. This is one of the best international management textbooks that I have come across in thirty years of working in the field. I heartily recommend it.’ Mark E. Mendenhall, J. Burton Frierson Chair of Excellence in Business Leadership, University of Tennessee
Contents: Part I. Challenges for Global Managers: 1. The new global realities; 2. The new global managers; Part II. Developing Global Understanding: 3. The cultural environment; 4. The organizational environment; 5. The situational environment; Part III. Developing Global Management Skills: 6. Communicating across cultures; 7. Negotiating global agreements;
Management across Cultures Developing Global Competencies Second edition Richard M. Steers University of Oregon
Luciara Nardon Carleton University, Ottawa
and Carlos J. Sanchez-Runde IESE Business School, Barcelona
This popular textbook, now available as an enhanced eBook, explores the latest approaches to cross-cultural management, as well as strategies for managing international assignments and global teams. Over 300 interactive questions and glossary terms support active learning and development, encouraging students to acquire skills in multicultural competence. 2014 464pp 86 b/w illus. 978-1-107-50416-5 Enhanced eBook Enhanced eBook is available from VitalSource http://store.vitalsource.co.uk/show/9781107504165
eBooks available at www.cambridge.org/ebookstore
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International business China’s Path to Innovation Xiaolan Fu University of Oxford
Combining quantitative and qualitative research, this is a rigorous study of how China can sustain its rapid economic growth and development by strengthening its indigenous innovative capability. Using large panel datasets and in-depth industry case studies, it examines the motivations, sources, obstacles and consequences of China’s innovation and technological upgrading. ‘Professor Fu has integrated a variety of scholarly articles from the firm level to the industry level to the national policy level, to produce the first comprehensive treatment of Chinese innovation activities from an open innovation perspective. Her masterful book points the way towards ‘open innovation with Chinese characteristics’.’ Henry Chesbrough, Haas School of Business, University of California, Berkeley, and author of Open Innovation 2015 228 x 152 mm 454pp 63 b/w illus. 55 tables 978-1-107-04699-3 Hardback £75.00 / US$120.00 For all formats available, see
www.cambridge.org/9781107046993
Science and Technology in Contemporary China Interrogating Policies and Progress Varaprasad S. Dolla Jawaharlal Nehru University
This book analyses the development of Science and Technology in China in the last few decades. The Science and Technology policy architecture had a deep impact on the impressive growth of the Chinese economy. This text provides a critical analysis of Chinese Science and Technology policy and will generate interest amongst academicians, researchers and students. 2015 234 x 156 mm 352pp 978-1-107-08037-9 Hardback £60.00 / US$90.00 For all formats available, see
www.cambridge.org/9781107080379
The Shield of Nationality When Governments Break Contracts with Foreign Firms Rachel L. Wellhausen University of Texas, Austin
The Shield of Nationality examines multinational corporations’ relations with governments in developing countries. Wellhausen explains why governments can sometimes expropriate foreign-owned property, even in an era in which global capital is expected to have significant power. A new factor – the nationality of multinational
International business corporations – is discussed as a source of political risk. ‘Rachel Wellhausen has written a fantastic book that speaks to big questions on politics and the rule of law. Including new theory, rigorous quantitative data analysis, and rich case studies, this is a must-read for scholars and practitioners interested in the relationship between diplomacy and the protection of foreign investments abroad.’ Nathan Jensen, The George Washington University School of Business 2015 228 x 152 mm 272pp 60 b/w illus. 1 map 31 tables 978-1-107-08276-2 Hardback £60.00 / US$95.00
exhaustive investigation into human resource management policies and practices of several multinational companies operating successfully in China. Because many of these companies are Japanese, this helps make the book a special contribution to the field … should be wellreceived.’ Randall S. Schuler, Distinguished Professor, Strategic International Human Resource Management, Rutgers University 2014 229 x 152 mm 300pp 13 b/w illus. 11 tables 978-1-107-42494-4 Paperback £23.99 / US$38.99 Also available 978-1-107-01355-1 Hardback £64.99 / US$99.99
For all formats available, see
For all formats available, see
www.cambridge.org/9781107082762
www.cambridge.org/9781107424944
New in Paperback
New in Paperback
Managing Human Resources in China
The Decade of the Multilatinas
The View from Inside Multinationals Yu Zheng
Javier Santiso
Royal Holloway, University of London
Based on extensive fieldwork from four foreign-invested manufacturing plants in one of China’s new industrial clusters, this book explores human resource management within Chinese Multinational Corporations from an employee perspective. It examines how subsidiary managers implement policies, handle everyday workloads and cope with the pressure of an ever-changing environment. ‘Yu Zheng has done a great job of providing us with a great deal of new information about managing human resources in China. She did an
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ESADE Business School
Latin American multinationals (multilatinas) have been central in the rise of emerging markets in the last few decades. This book analyses the trends, the countries and the firms involved, and explores the implications for the US, China, Spain and the rest of Europe. ‘The continued growth in global trade and investment is rapidly forcing us to rethink the way we look at the role of the emerging economies. Early in this long process, the focus was on local production in these economies, based on cheap labor and abundant resources. But much more is going on. This timely book focuses on the impressive international expansion of
Visit our website at www.cambridge.org/academic
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International business Latin corporations, an important topic that thus far has not received much attention. I highly recommend it to all audiences.’ Arminio Fraga, Founder, Gávea Investimentos, and former Governor, Central Bank of Brazil 2014 229 x 152 mm 302pp 54 b/w illus. 34 tables 978-1-107-42497-5 Paperback £23.99 / US$38.99 Also available 978-1-107-03443-3 Hardback £64.99 / US$104.99 For all formats available, see
www.cambridge.org/9781107424975
and economic elite class. This reality was not, and is not, always pretty. Schoenman’s analysis explains why some countries succeeded and others failed. It is a rich and analytical study that breaks away from the emphasis on macro-institutions to explain how countries are built bottom up.’ Bruce Kogut, Sanford C. Bernstein Professor, Columbia University, New York Cambridge Studies in Comparative Politics
2014 228 x 152 mm 242pp 26 b/w illus. 15 tables 978-1-107-03134-0 Hardback £55.00 / US$90.00 For all formats available, see
Available Open Access
Networks and Institutions in Europe’s Emerging Markets Roger Schoenman University of California, Santa Cruz
Since the 1980s, reformers have advocated free markets and regarded networks as sources of corruption. Paradoxically, the rapidly developing East Asian Tiger economies and the most successful post-communist countries developed networked economies linking politicians and businesspeople. This book explains when such social networks are a force for development. Available as Open Access on Cambridge Books Online and via Knowledge Unlatched. ‘Roger Schoenman’s book transforms the well-known adage of the police investigator to ‘follow the money’ to ‘follow the links’ from one associate to the next. The irony of the so-called market reforms is that they provided the opportunity for entrepreneurs who realized the value of connections of old networks to create a new political
www.cambridge.org/9781107031340
Understanding Multinationals from Emerging Markets Edited by Alvaro Cuervo-Cazurra Northeastern University, Boston
and Ravi Ramamurti Northeastern University, Boston
In this book, a distinguished group of researchers provide a state-ofthe-art analysis of emerging market multinationals (EMNCs). They tackle fundamental theoretical questions and assess the unique strategies and behavior of successful EMNCs. Scholars and graduate students, as well as consultants of multinational companies, will find this book of interest. ‘This book, with contributions from some of the leading academics in international business, sheds light on what is perhaps the biggest business strategy issue of our time: how competition between emerging market and established multinationals is likely to unfold with the big shift
International business in many economic activities from advanced economies to emerging economies.’
also the impact that the industry as a whole has had on the way that the world does business.’
Pankaj Ghemawat, Anselmo Rubiralta Professor of Global Strategy, IESE Business School, and Distinguished Visiting Professor of Global Management, Stern School of Business, New York University
Dr Martin Christopher, Emeritus Professor of Marketing and Logistics, Cranfield School of Management
2014 228 x 152 mm 340pp 16 b/w illus. 18 tables 978-1-107-06453-9 Hardback £60.00 / US$95.00
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2014 247 x 174 mm 469pp 92 colour illus. 95 tables 978-1-107-03781-6 Hardback £50.00 / US$80.00 For all formats available, see
www.cambridge.org/9781107037816
For all formats available, see
www.cambridge.org/9781107064539
Highlight
Creating Global Opportunities Maersk Line in Containerisation 1973–2013 Chris Jephson A. P. Moller-Maersk
and Henning Morgen A. P. Moller-Maersk
This book traces the rise to prominence of Maersk Line – the world’s leading container operator – putting its extraordinary expansion within the context of the globalisation of trade. With unprecedented access to company archives, interviews and statistical data, it will appeal to students, industry specialists and general business readers.
WTO Domestic Regulation and Services Trade Putting Principles into Practice Edited by Aik Hoe Lim World Trade Organization, Geneva
and Bart De Meester Sidley Austin LLP, Geneva
Innovative, interdisciplinary, practitioneroriented insights into the key challenges faced in addressing the services trade liberalization and domestic regulation interface. 2014 228 x 152 mm 394pp 15 b/w illus. 978-1-107-06235-1 Hardback £65.00 / US$110.00 978-1-107-63534-0 Paperback £35.00 / US$58.99 For all formats available, see
www.cambridge.org/9781107062351
‘The global shipping industry has been a major driver and enabler underpinning the massive growth in world trade in recent decades. One of the major players in the sector – and one of the most innovative – has been Maersk Line. This fascinating book provides many insights not only into the development of Maersk itself but
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International business / Responsible and ethical business Out of Poverty Sweatshops in the Global Economy Benjamin Powell The Free Market Institute, Texas Tech University
Explores how sweatshops provide the best opportunity to workers and the role they play in the process of development. Cambridge Studies in Economics, Choice, and Society
2014 228 x 152 mm 193pp 9 b/w illus. 6 tables 978-1-107-02990-3 Hardback £38.00 / US$60.00 978-1-107-68893-3 Paperback £17.99 / US$29.99 For all formats available, see
www.cambridge.org/9781107029903
Responsible and ethical business
suggests that malice and stupidity are distinct, that ethics and knowledge are two separate aspects of decision making. But what if they are closely connected? The author of this original and insightful book, Boudewijn de Bruin, brings together classical ethical theory, recent psychological research, and a deep understanding of modern financial practice to offer a prescription for reforming our troubled financial system that focuses on the character of decision makers. The provocative idea that the act of knowing has a moral dimension and carries with it moral responsibility provides a novel and fruitful approach to much-needed financial reform.’ John Boatright, Raymond C. Baumhart, S. J., Graduate School of Business, Loyola University Chicago Business, Value Creation, and Society
2015 228 x 152 mm 244pp 978-1-107-02891-3 Hardback £60.00 / US$95.00 For all formats available, see
Ethics and the Global Financial Crisis Why Incompetence is Worse than Greed Boudewijn de Bruin Rijksuniversiteit Groningen, The Netherlands
This topical book examines the ethical ‘blind spots’ that lay at the heart of the global financial crisis. Using concrete examples and case studies, the author develops a novel theory of epistemic virtue through which he examines the decision making of key stakeholders – the banks, their clients, rating agencies, and regulators. ‘The witty aphorism, ‘never attribute to malice that which can be adequately explained by stupidity’,
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Textbook
Business Ethics A Contemporary Approach Gael McDonald Royal Melbourne Institute of Technology
Business Ethics introduces students to ethical issues and decision-making in a variety of contemporary contexts. The book addresses corporate social responsibility, stakeholder management and sustainability. It develops an awareness of the many ways in which ethical considerations can manifest in commercial domains, thereby helping
Responsible and ethical business prepare students for their professional careers. Contents: Part I. Business Ethics Overview: 1. Introduction to business ethics; 2. Ethical terminology; Part II. Business Ethical Issues: 3. Ethical issues in information technology; 4. Ethical issues in human resource management; 5. Ethical issues in marketing; 6. Ethical issues in accounting and finance; 7. Ethical issues in financial entities; 8. Ethical issues in entrepreneurship and small business; 9. Ethical issues in international business; Part III. Business Ethical Theory and Analysis: 10. Ethical theory; 11. Ethical decision-making; Part IV. Personal Ethical Decision-Making: 12. Ethics in organisations. 2015 247 x 174 mm 400pp 49 b/w illus. 43 colour illus. 1 map 978-1-107-67405-9 Paperback £44.99 / US$85.00 For all formats available, see
www.cambridge.org/9781107674059
Happiness and Virtue Ethics in Business The Ultimate Value Proposition Alejo José G. Sison Universidad de Navarra, Spain
This book draws on the latest research in economics and psychology as well as Aristotelian virtue ethics to show why happiness is the ultimate value proposition for business. It will appeal to a wide readership, including graduate students and researchers in business ethics, moral philosophy and positive psychology. 2015 228 x 152 mm 317pp 1 b/w illus. 978-1-107-04463-0 Hardback £65.00 / US$99.00
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Highlight
Intellectual Shamans Management Academics Making a Difference Sandra Waddock Boston College, Massachusetts
Based on the work and lives of 28 well-known management academics, this book describes what it means – and what it takes – to be an intellectual shaman. Based on extensive interviews, Intellectual Shamans provides both a roadmap to junior scholars and a critique of the current system of academic career progression. ‘New thinking abounds in these times of rapid change. Professor Waddock’s analysis sweeps across the landscape of modern management thought as she describes the role and thought of a group of influential thinkers she calls ‘intellectual shamans’ ... Management professionals, educators and students will discover a treasure trove of stimulating ideas in this book. The profiles are quite remarkable, as each ‘shaman’ shares their personal story and provocative ideas. The result is a book that will inspire each of us to stretch a little further in our own work.’ James E. Post, John F. Smith, Jr Professor in Management, Boston University School of Management 2015 228 x 152 mm 382pp 978-1-107-08518-3 Hardback £60.00 / US$90.00 978-1-107-44837-7 Paperback £24.99 / US$34.99 For all formats available, see
www.cambridge.org/9781107085183
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Responsible and ethical business New in Paperback
The Rise of Global Corporate Social Responsibility Mining and the Spread of Global Norms Hevina S. Dashwood Brock University, Ontario
A pioneering analysis of corporate social responsibility (CSR) showing how emerging global corporate social responsibility norms influence CSR adoption. The author draws on unique access to key corporate decision-makers in mining companies to highlight the role and significance of emerging global CSR norms and standards. ‘Hevina Dashwood provides a compelling explanation of forces behind the growing adoption of CSR norms among global mining firms in recent decades. Both theoretically grounded and empirically rich, The Rise of Global Corporate Social Responsibility highlights the roles of global norms and institutional factors that played a role in this important development.’ Jennifer Clapp, University of Waterloo 2014 229 x 152 mm 336pp 6 b/w illus. 20 tables 978-1-107-43725-8 Paperback £24.99 / US$34.99 Also available 978-1-107-01553-1 Hardback £64.99 / US$114.99 For all formats available, see
www.cambridge.org/9781107437258
Highlight
Public Trust in Business Edited by Jared D. Harris University of Virginia
Brian Moriarty University of Virginia
and Andrew C. Wicks University of Virginia
A team of leading experts discuss public trust in business, one of the most pressing issues facing business and the global economy today. This must-read book provides cutting-edge research on the topic, identifying core drivers of public trust and outlining long-term strategies for building and maintaining trust in business. ‘’Love all, trust a few’, said Shakespeare. The idea of trust, invoked often in personal relations, is also a powerful force in business relations, as Public Trust in Business with a stellar cast of authors confirms.’ Thomas Donaldson, Mark O. Winkelman Professor of Legal Studies and Business Ethics, Wharton School, University of Pennsylvania 2014 228 x 152 mm 377pp 10 b/w illus. 12 tables 978-1-107-02387-1 Hardback £65.00 / US$99.00 978-1-107-65020-6 Paperback £27.99 / US$45.00 For all formats available, see
www.cambridge.org/9781107023871
Responsible and ethical business
Obstacles to Ethical Decision-Making
The Managerial Sources of Corporate Social Responsibility
Mental Models, Milgram and the Problem of Obedience Patricia H. Werhane
The Spread of Global Standards Christian R. Thauer Freie Universität Berlin
DePaul University, Chicago
Why and under which conditions do companies voluntarily adopt high social and environmental standards? Christian Thauer argues for the importance of internal drivers of corporate social responsibility and suggests a transaction cost economics-based explanation, using examples from firms in the automotive and textile industries in South Africa and China.
New in Paperback
Laura Pincus Hartman DePaul University, Chicago
Crina Archer Elaine E. Englehardt Utah Valley State College
and Michael S. Pritchard Western Michigan University
Obedience to an authority is often found to adversely affect individuals’ abilities to make ethical decisions in business. In this work, the authors analyse this claim, and suggest how a development of the ‘moral imagination’ enables decisionmakers to be aware of, and mitigate, the influence of power – and obedience – relationships. ‘The authors do a wonderful job of connecting the problem of obedience to the merging field of behavioral ethics. Their articulation highlights how common aspects about how humans make decisions lead us to be obedient when a more reflective analysis dictates action. Managers and scholars will be prompted to more courageous acts of disobedience after reading this book.’ Max H. Bazerman, Straus Professor, Harvard Business School
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‘Christian Thauer gives us a fresh take on the motives behind corporate social responsibility. Rather than altruism or shamming campaigns, Thauer develops a novel theoretical argument focusing on the self-interests of the firm. He backs up his claim with detailed case studies of companies across a range of developing economies and industrial sectors. The book offers both analytic and empirical bite.’ Abraham Newman, Georgetown University Business and Public Policy
2014 228 x 152 mm 352pp 7 b/w illus. 26 tables 978-1-107-06653-3 Hardback £65.00 / US$99.00 For all formats available, see
www.cambridge.org/9781107066533
2014 229 x 152 mm 260pp 978-1-107-44205-4 Paperback £19.99 / US$32.00 Also available 978-1-107-00003-2 Hardback £59.99 / US$94.99 For all formats available, see
www.cambridge.org/9781107442054
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Responsible and ethical business Grassroots for Hire Public Affairs Consultants in American Democracy Edward T. Walker University of California, Los Angeles
Aimed at students and researchers in sociology, political science, management, and communication, this book illuminates how elite consultants have adopted grassroots advocacy tactics for paying clients. Rather than being dismissed as mere ‘astroturf’, these consultants’ campaigns should be seen as having real effects on political participation and policymaking. Business and Public Policy
2014 228 x 152 mm 297pp 13 b/w illus. 8 tables 978-1-107-02136-5 Hardback £55.00 / US$90.00 978-1-107-61901-2 Paperback £19.99 / US$32.99 For all formats available, see
www.cambridge.org/9781107021365
After Greenwashing Symbolic Corporate Environmentalism and Society Frances Bowen Queen Mary, University of London
Businesses promote their environmental credentials through green buildings, eco-labels, clean technologies and pledges. When are these symbols empty corporate spin, and when do they signal authentic environmental improvements? This thoughtful book provides researchers, regulators and managers with the first systematic analysis of the
drivers and consequences of symbolic corporate environmentalism. ‘After Greenwashing is the authoritative volume on the drivers and consequences of symbolic corporate environmentalism. It offers a comprehensive analysis of the power of green symbols on society, and valuable tools to distinguish harmful green symbols from those associated with authentic environmental improvements. A must-read for corporate leaders.’ Magali Delmas, University of California, Los Angeles Organizations and the Natural Environment
2014 228 x 152 mm 310pp 14 b/w illus. 11 tables 978-1-107-03482-2 Hardback £60.00 / US$95.00 For all formats available, see
www.cambridge.org/9781107034822
Governance
Governance Textbook
Principles of Contemporary Corporate Governance Third edition Jean Jacques Du Plessis Deakin University, Victoria
Anil Hargovan
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UK, Canada and South Africa; 12. Corporate governance in the EU, the OECD Principles of Corporate Governance, and corporate governance in Germany, Japan, China and Indonesia; 13. Shareholder activism; Part IV. Business Ethics and Future Direction: 14. The ethical obligations of corporations. 2015 247 x 174 mm 628pp 978-1-107-43242-0 Paperback £60.00 / US$110.00 For all formats available, see
www.cambridge.org/9781107432420
University of New South Wales, Sydney
Mirko Bagaric Deakin University, Victoria
and Jason Harris University of Technology, Sydney
This text is an indispensable resource for academic researchers, students of business and law, and practitioners wanting a deeper understanding of the underlying principles of corporate governance. This updated edition includes a new chapter on shareholder activism, coverage of developments in corporate governance and comparative sections written by specialist contributors. Contents: Part I. Basic Concepts, Board Structures and Company Officers: 1. The concept ‘corporate governance’ and ‘essential’ principles of corporate governance; 2. Stakeholders in corporate governance and corporate social responsibility; 3. Board functions and structures; 4. Types of company directors and officers; Part II. Corporate Governance in Australia: 5. Regulation of corporate governance; 6. The role of the regulators: ASIC and ASX; 7. Accounting governance; 8. Auditors and audits; 9. Directors’ duties and liability; 10. Enforcement of directors’ duties; Part III. Corporate Governance in International and Global Contexts: 11. Corporate governance in the USA, the
New in Paperback
Corporate Governance and Initial Public Offerings An International Perspective Edited by Alessandro Zattoni Università degli Studi di Napoli ‘Parthenope’
and William Judge Old Dominion University, Virginia
Based on an international research project, this book analyses the corporate governance of Initial Public Offerings (IPOs) in twenty-one countries. The end result is a broad and deep assessment of governance practices and IPO activity for an array of economies that represent roughly 80% of the global economy. ‘This book is the first, and at this point definitive, cross-national examination of IPO markets. As such it will be an invaluable tool to scholars, policymakers and corporations. The breadth and scope of the papers is impressive and the collective knowledge will serve as a primary source of foundational knowledge for years to come.’ Tim Devinney, Professor of Strategy, University of Technology, Sydney
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Governance / Human resource management 2014 229 x 152 mm 614pp 3 b/w illus. 180 tables 978-1-107-63569-2 Paperback £24.99 / US$37.99 Also available 978-1-107-01686-6 Hardback £84.99 / US$134.99 For all formats available, see
www.cambridge.org/9781107635692
Key Reference
Cambridge Handbook of Institutional Investment and Fiduciary Duty Edited by James P. Hawley St Mary’s College, California
Andreas G. F. Hoepner ICMA Centre, Henley Business School, University of Reading
Keith L. Johnson University of Wisconsin, Madison
Joakim Sandberg University of Gothenburg
and Edward J. Waitzer York University, Toronto
A comprehensive reference work that explores recent changes and future trends in the principles that govern institutional investors and fiduciaries. 2014 228 x 152 mm 507pp 20 b/w illus. 39 tables 978-1-107-03587-4 Hardback £90.00 / US$145.00 For all formats available, see
www.cambridge.org/9781107035874
Strong Managers, Strong Owners Corporate Governance and Strategy Harry Korine INSEAD, Fontainebleau, France
and Pierre-Yves Gomez EM Lyon, France
Invaluable resource for owners, board members, executives and advisors, showing how ownership and management interact to shape a firm’s strategy. 2013 228 x 152 mm 228pp 5 b/w illus. 13 tables 978-1-107-04420-3 Hardback £35.00 / US$60.00 For all formats available, see
www.cambridge.org/9781107044203
Human resource management Highlight
Empty Labor Idleness and Workplace Resistance Roland Paulsen Lunds Universitet, Sweden
This thought-provoking book examines organizational misbehavior, specifically the phenomenon of ‘empty labor’, defined as the time during which employees engage in private activities during the working day. Drawing on a rich selection of interview material and extensive empirical research, Paulsen explores a variety of explanations,
Human resource management from under-employment to workplace resistance. ‘Policymakers bemoan the epidemic of overwork. But as Roland Paulsen … explains in Empty Labor, an examplepacked new book, innumerable studies suggest that the average worker devotes between one-and-a-half and three hours a day to loafing … the best way to understand a company’s ‘human resources’ is not to consult the department that bears that ugly name but to study the basic principles of one of the world’s most popular, if unrecognised, sciences: skiving.’ The Economist 2014 228 x 152 mm 234pp 6 b/w illus. 1 table 978-1-107-06641-0 Hardback £60.00 / US$95.00 For all formats available, see
www.cambridge.org/9781107066410
Textbook
International Human Resource Management
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a consistent emphasis on real-world scenarios and concerns. Contents: Introduction: a multilevel approach to international human resource management; 1. Global trends in international human resource management; 2. Cross-cultural management and managing cultural diversity; 3. Key players in international human resource management; 4. Recruitment and selection in the international context; 5. Cross-cultural training and development for overseas assignments; 6. International reward; 7. Employee retention; 8. International labour relations (ILR); 9. Reputation in the context of IHRM; 10. Expatriation and repatriation: case study in the Asia-Pacific; 11. Balancing inflows and outflows: case study in Europe; 12. Understanding selfinitiation and lessons for international HR managers: case study insights from North America and Africa; 13. Conclusion. 2014 247 x 174 mm 304pp 978-1-107-66954-3 Paperback £45.00 / US$79.95 For all formats available, see
www.cambridge.org/9781107669543
Mustafa Özbilgin Brunel University
Dimitria Groutsis University of Sydney
and William Harvey University of Exeter
International Human Resource Management offers a contemporary and multilayered introduction to international and comparative human resource management for university study. It critically analyses the core issues and emerging trends in the field, with
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Human resource management Textbook
Human Capital and Global Business Strategy Howard Thomas Singapore Management University
Richard R. Smith Singapore Management University
and Fermin Diez Singapore Management University
A practitioner-focused book with new insights into how to improve business performance through a unique, strategic approach to human capital. ‘This is an important book for all executives and managers who want to know how to help improve company results through people. Many CEOs put people at the top of their agendas, but are often not sure what to ask of their HR functions. This book uncovers some HR practices that link to business strategy and builds the foundation for truly turning people into the company’s most valuable asset. Thomas, Smith and Diez forge ahead with a framework and methodologies rooted in academic research yet tested in real-life situations through seminal consulting work. With the insights gained from reading these pages, people managers and HR practitioners can improve the execution of business strategy and gain lasting competitive advantage.’ Orlando D. Ashford, President, Talent Business Segment, Mercer
Contents: Foreword; 1. Introduction; 2. Culture; 3. Leadership; 4. Structure; 5. Talent management; 6. Human capital metrics; 7. Change management; 8. Conclusion; Index. 2013 246 x 189 mm 270pp 50 b/w illus. 11 tables 978-1-107-03315-3 Hardback £60.00 / US$95.00 978-1-107-61328-7 Paperback £23.99 / US$38.00 For all formats available, see
www.cambridge.org/9781107033153
Highlight
Strategic Talent Management Contemporary Issues in International Context Edited by Paul Sparrow Lancaster University
Hugh Scullion National University of Ireland, Galway
and Ibraiz Tarique Pace University, New York
This Cambridge Companion is an essential resource for academic researchers, graduate students and practitioners of global strategic talent management. Drawing on contributions from leading scholars and practitioners, it examines talent management from a strategic perspective, mapping out insights from related fields including strategy, organisational learning, marketing and supply chain management. ‘By defining the boundaries of the field, developing important crossdisciplinary bridges, and posing a range of important questions for
Human resource management / Entrepreneurship and innovation academics and practitioners alike, this book puts the ‘strategic’ into ‘strategic talent management’.’ Wayne F. Cascio, Distinguished Professor and Robert H. Reynolds Chair in Global Leadership, University of Colorado Cambridge Companions to Management
Perspectives on Patentable Subject Matter Edited by Michael B. Abramowicz George Washington University School of Law
James E. Daily Stanford University Hoover Institute George Washington University School of Law
A link to the authors’ companion website, which features additional commentary and upcoming events, can be found at www.cambridge.org/demand. “Quote.”
Driven by Demand How Energy Gets its Power Jimmy Y. Jia Pinchot University
and Jason Crabtree
A must-read for business executives, policymakers and MBA students who need to understand the impact of energy demand. Driven by Demand reframes the discussion around societal demand for energy and draws on case studies to provide an accessible introduction to the key events, challenges and developing trends of energy requirements. 2015 228 x 152 mm 384pp 40 b/w illus. 28 tables 978-1-107-10466-2 Hardback £59.99 / US$94.99 978-1-107-50710-4 Paperback £21.99 / US$34.99 Publication May 2015 For all formats available, see
www.cambridge.org/9781107104662
9781107507104: Jia & Crabtree: Cover: C M Y K
Entrepreneurship and innovation
Dema nd
www.cambridge.org/9781107032101
“Quote.”
Name, Affiliation.
by
Perspectives on Patentable Subject Matter brings together leading scholars to offer diverse perspectives on one of the most pressing issues in patent law. Employing approaches that are both theoretically rigorous and grounded in the real world, this book answers the basic question about which types of subject matter are eligible for patent protection. Name, Affiliation.
For all formats available, see
Driven
Energy plays a central role in shaping our society and infrastructure, making it increasingly important for today’s leaders to understand the impact of energy demand. Discussions about energy often neglect important historical lessons about previous energy transformations and provide inadequate consideration of context - Driven by Demand takes a fresh approach by exploring why energy systems developed based on end-user needs and energy outcomes. It outlines select historical and current events, challenges, and developing energy trends using a range of case studies. Foundational knowledge about energy flows and uses is also provided, enabling readers to become more conversant about energy outcomes and priorities. This accessible book paves the way for broader discussions about societal resilience, privacy, and security concerns associated with the move towards “smart” infrastructure. This is a must-read for business executives, policymakers, and MBA students working in energy policy, energy management, and sustainable business.
and F. Scott Kieff
Jia and Crabtree
2014 228 x 152 mm 352pp 7 b/w illus. 11 tables 978-1-107-03210-1 Hardback £65.00 / US$99.00
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Driven by Demand How Energ y Get s it s Pow e r
ISBN 978-1-107-50710-4
Cover image: © iStockphoto.com/aleksandr-mansurov-ru. Cover design: Andrew Ward
9 781 1 07 5071 04 >
Jimmy Y. Jia and Jason Crabtree
2014 228 x 152 mm 431pp 18 b/w illus. 23 tables 978-1-107-07091-2 Hardback £80.00 / US$125.00 For all formats available, see
www.cambridge.org/9781107070912
Textbook
The Entrepreneurial Arch A Strategic Framework for Discovering, Developing and Renewing Firms Timothy L. Faley University of the Virgin Islands
A concise introduction to entrepreneurship based on a tried-andtested model developed at the University of Michigan: the entrepreneurial arch. Using a range of real-world examples, this book teaches readers how to discover and create a new firm, or grow
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Entrepreneurship and innovation an existing one, starting from a firm or team’s capabilities. ‘The Entrepreneurial Arch offers a complete view of the entrepreneurial process by providing six distinct stages from pre-startup through the growth stage. Every aspiring or current entrepreneur should read this very practical and insightful book. The use of real world examples makes the book practical and interesting to read. I recommend this book to everyone thinking about starting and growing a company.’ Len Middleton, Ross School of Business, University of Michigan, and Executive Director, Michigan Institute for Medical Innovation
Contents: Preface; Acknowledgments; 1. Introduction to the entrepreneurial arch; 2. Opportunity identification; 3. Business design; 4. Business assessment; 5. Operationalize the business; 6. Resourcing the business; 7. Strategies for managing growth; 8. Summary; Appendices; References; Index. 2014 228 x 152 mm 310pp 51 b/w illus. 978-1-107-07427-9 Hardback £60.00 / US$90.00 978-1-107-42482-1 Paperback £21.99 / US$34.99 For all formats available, see
www.cambridge.org/9781107074279
Highlight
Strategic Conversations Creating and Directing the Entrepreneurial Workforce J.-C. Spender Koźmiński University, Warsaw
and Bruce A. Strong
An innovative guide to building entrepreneurial workforces through carefully designed conversations between management and employees. With its numerous case studies that illustrate how leading organizations have used and benefited from strategic conversations, this book will appeal to managers, entrepreneurs, and teachers and students in schools of business and public administration. ‘Strategic Conversations redirects our focus to the pent-up, under-utilized asset right in our own back yards: our people and the powerful ideas they are capable of generating. For leaders, the book provides a practical blueprint for what it will take to effectively design, motivate, and harvest this kind of employee engagement. It shows that successful strategies aren’t the product of a regimented, top down process, but of passionate conversations constructed by leaders who know how to listen.’ Sindri Anderson, Managing Partner, Enact Global Consulting 2014 228 x 152 mm 253pp 15 b/w illus. 2 tables 978-1-107-03619-2 Hardback £60.00 / US$95.00 978-1-107-62117-6 Paperback £23.99 / US$38.00 For all formats available, see
www.cambridge.org/9781107036192
Entrepreneurship and innovation Towards a Knowledge Society New Identities in Emerging India Debal K. SinghaRoy School of Social Sciences, Indira Gandhi National Open University
India is at the threshold of an emerging knowledge society. This book studies the knowledge society as one that brings in new social arrangements, new forms of mobility, new identities, new social conflicts and networks of power, along with varieties of disorientations and discontinuities in society. ‘Professor Debal K. SinghaRoy writes in a way that is both lucid and analytically profound … This work will leave a lasting impact on the sociology of knowledge and in the study of the history of ideas.’ Dipankar Gupta, former Professor, Centre for the Study of Social Systems, Jawaharlal Nehru University, New Delhi 2014 234 x 156 mm 397pp 978-1-107-06545-1 Hardback £65.00 / US$99.00 For all formats available, see
www.cambridge.org/9781107065451
Highlight
Building Technology Transfer within Research Universities An Entrepreneurial Approach Edited by Thomas J. Allen Massachusetts Institute of Technology
and Rory P. O’Shea Massachusetts Institute of Technology
A group of academic thought-leaders in the field of technology transfer analyze critically the factors which lie behind success-oriented entrepreneurial start-up
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cultures on university campuses. Using a series of case studies, the contributors develop and share a model that universities can adopt for successful academic entrepreneurship. ‘This volume brings alive the modern synthesis of entrepreneurship and universities that has created a powerful force for change and wealth in societies. The contributors are at the forefront of the subject and leaders everywhere will need to understand the insights discussed.’ Phillip A. Sharp, Nobel Laureate in Medicine, Massachusetts Institute of Technology, and co-founder, Biogen Idec, Alnylam 2014 228 x 152 mm 411pp 32 b/w illus. 42 tables 978-0-521-87653-7 Hardback £70.00 / US$110.00 For all formats available, see
www.cambridge.org/9780521876537
Highlight
The Innovative Entrepreneur Daniel F. Spulber Northwestern University, Illinois
Innovative entrepreneurs are the prime movers of the economy. They establish the companies that move innovations to the market place and drive economic growth. This book introduces economic analysis that helps to explain the activities of innovative entrepreneurs. ‘It is no coincidence that Dan Spulber has written this book on the economic contributions of the innovative entrepreneur’s initiative and creativity, as it has been Spulber’s own initiative and creativity that has been largely
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Entrepreneurship and innovation responsible for developing an economic theory of the innovative entrepreneur.’ Robert J. Strom, PhD, Ewing Marion Kauffman Foundation 2014 228 x 152 mm 380pp 24 b/w illus. 5 tables 978-1-107-04725-9 Hardback £75.00 / US$120.00 978-1-107-66811-9 Paperback £35.00 / US$50.00 For all formats available, see
www.cambridge.org/9781107047259
Innovation in India Combining Economic Growth with Inclusive Development Edited by Shyama V. Ramani Universiteit Maastricht, Netherlands
This volume evaluates the performance of innovation in India and the role of its scientific establishment. It discusses the impact of innovations on inclusive development through a presentation of the traditional healthcare system, innovations in the sanitation sector and the lessons learnt from India on innovation-making for the poor. 2014 228 x 152 mm 418pp 978-1-107-03756-4 Hardback £65.00 / US$99.00 For all formats available, see
www.cambridge.org/9781107037564
The Dynamics of Broadband Markets in Europe Realizing the 2020 Digital Agenda Edited by Wolter Lemstra Technische Universiteit Delft, The Netherlands
and William H. Melody Aalborg University, Denmark
This book supports policy-makers, regulators, advisors, and consultants in realizing the EU Digital Agenda targets for 2020 in the field of telecommunications. Based on a set of longitudinal country case studies, it combines qualitative and quantitative analysis to provide an in-depth analysis of broadband developments in twelve different European countries. ‘After two decades of regulatory convergence the major global regions have pursued more differentiated paths during the past decade. In contrast to the US which adopted a framework steeped in minimally regulated markets and the government-centric approaches of many Asian nations, the EU has pursued a hybrid model combining competition, regulation and forms of industrial policy intervention. The national diversity that exists within the common European framework constitutes a natural experiment from which important lessons can be learned. The case studies assembled and expertly analyzed in this volume provide unique insights into the diversity of policy models across the EU, the effects of these choices for
Entrepreneurship and innovation sector performance, and options for pursuing the ambitious goals of the Digital Agenda for Europe.’ Johannes M. Bauer, Michigan State University and Chair, Telecommunications Policy Research Conference, 2010–13 2014 247 x 174 mm 448pp 65 b/w illus. 47 tables 978-1-107-07358-6 Hardback £80.00 / US$130.00
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Patent Markets in the Global Knowledge Economy Theory, Empirics and Public Policy Implications Edited by Thierry Madiès Université de Fribourg, Switzerland
Dominique Guellec
For all formats available, see
Organisation for Economic Co-operation and Development, Paris
www.cambridge.org/9781107073586
and Jean-Claude Prager Société du Grand Paris
India’s Healthcare Industry Innovation in Delivery, Financing, and Manufacturing Edited by Lawton R. Burns University of Pennsylvania
This book analyzes the historical development and current state of India’s healthcare industry using some interesting case studies. 2014 246 x 189 mm 610pp 978-1-107-04437-1 Hardback £80.00 / US$125.00 For all formats available, see
www.cambridge.org/9781107044371
Survey of the theory, empirical evidence and public policy related to the role of patents in a global knowledge economy. 2014 228 x 152 mm 259pp 20 b/w illus. 9 tables 978-1-107-04710-5 Hardback £60.00 / US$95.00 For all formats available, see
www.cambridge.org/9781107047105
Creating New Markets in the Digital Economy Value and Worth Irene C. L. Ng University of Warwick
This book provides practical advice to help readers innovate and identify new business models, products and services within the connected digital economy. 2014 228 x 152 mm 260pp 62 b/w illus. 1 table 978-1-107-04935-2 Hardback £60.00 / US$90.00 978-1-107-62742-0 Paperback £24.99 / US$37.99 For all formats available, see
www.cambridge.org/9781107049352
eBooks available at www.cambridge.org/ebookstore
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Entrepreneurship and innovation / Marketing The Entrepreneurial Engineer How to Create Value from Ideas Michael B. Timmons Cornell University, New York
Rhett L. Weiss Cornell University, New York
Daniel P. Loucks Cornell University, New York
John R. Callister
Marketing Textbook
Service-Dominant Logic Premises, Perspectives, Possibilities Robert F. Lusch
Cornell University, New York
University of Arizona
and James E. Timmons
and Stephen L. Vargo
Written by teachers and successful entrepreneurs, this textbook includes guidance, instruction and practical lessons for the prospective entrepreneur. 2013 253 x 177 mm 492pp 29 b/w illus. 29 tables 114 exercises 978-1-107-02472-4 Hardback £85.00 / US$145.00 978-1-107-60740-8 Paperback £40.00 / US$75.00 For all formats available, see
www.cambridge.org/9781107024724
University of Hawaii, Manoa
The first accessible introduction to the principles and applications of ServiceDominant Logic, written by the worldleading authors of this perspective. ‘Lusch and Vargo’s new volume is a radical innovation in marketing thinking. The volume brilliantly advances and consolidates the S-D logic initial research proposal, intriguingly suggesting an interdisciplinary scientific paradigm which will engage numerous scholars across various knowledge domains.’ Sergio Barile, Professor of Business Management, University of Rome ‘La Sapienza’
Contents: Foreword; Preface; Part I. Premises: 1. The service-dominant mindset; 2. Roots and heritage; 3. Axioms and foundational premises; 4. Service as a guiding framework; Part II. Perspectives: 5. It’s all actor-to-actor (A2A); 6. The
Marketing nature, scope, and integration of resources; 7. Collaboration; 8. Service ecosystems; Part III. Possibilities: 9. Strategic thinking; 10. Conclusions and considerations; Appendix; Index. 2014 247 x 174 mm 252pp 31 b/w illus. 978-0-521-19567-6 Hardback £55.00 / US$85.00 978-0-521-12432-4 Paperback £19.99 / US$32.00 For all formats available, see
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Textbook
Strategic Customer Management Integrating Relationship Marketing and CRM Adrian Payne University of New South Wales, Sydney
and Pennie Frow University of Sydney
The first textbook to integrate relationship marketing and CRM. Case studies from around the world connect theory with global practice. ‘Adrian Payne and Pennie Frow have written the best guide to understanding customer relationship management strategy. They have provided an excellent framework and illustrate it with a rich set of cases that both students and managers would profit from reading.’ Philip Kotler, S. C. Johnson & Son Distinguished Professor of International Marketing, Kellogg School of Management, Northwestern University
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the building supplies sector; 3. Customer value creation; Case study 3.1. BT (British Telecommunications) – creating new customer value propositions; Case study 3.2. Zurich Financial Services – building value propositions; 4. Building relationships with multiple stakeholders; Case study 4.1. AirAsia spreads its wings; Case study 4.2. The City Car Club, Helsinki – driving sustainable car use; 5. Relationships and technology: digital marketing and social media; Case study 5.1. Hippo in India – using Twitter to manage the supply chain; Case study 5.2. Blendtec – the ‘will it blend’ viral marketing initiative; Part III. Customer Relationship Management: Key Processes: 6. Strategy development; Case study 6.1. Tesco – the relationship strategy superstar; Case study 6.2. Samsung – from low-cost producer to product leadership; 7. Enterprise value creation; Case study 7.1. Coca-Cola in China – bringing fizz to the Chinese beverages market; Case study 7.2. Sydney Opera House – exploring value creation strategies; 8. Multi-channel integration; Case study 8.1. TNT – creating the perfect customer experience; Case study 8.2. Guinness – delivering the ‘Perfect Pint’; 9. Information and technology management; Case study 9.1. Royal Bank of Canada – building client service commitment; Case study 9.2. The DVLA – innovating with CRM in the public sector; 10. Performance assessment; Case study 10.1. Sears – the service profit chain and the Kmart merger; Case study 10.2. The Multinational Software Company – driving results with a metrics dashboard; Part IV. Strategic Customer Management Implementation: 11. Organising for implementation; Annex:
Contents: Part I. Introduction: 1. Strategic customer management; Part II. Relationship Marketing: 2. Relationship marketing: development and key concepts; Case study 2.1. Myspace – the rise and fall; Case study 2.2. Placemakers – success factors in
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Marketing the comprehensive CRM audit; Case study 11.1. Nationwide Building Society fulfilling a CRM vision; Case study 11.2. MercedesBenz – building strategic customer management capability; Index.
Principles of Integrated Marketing Communications
2013 246 x 189 mm 542pp 158 b/w illus. 4 tables 978-1-107-01496-1 Hardback £84.99 / US$129.99
Macquarie University, Sydney
978-1-107-64922-4 Paperback £34.99 / US$64.99 For all formats available, see
www.cambridge.org/9781107014961
The Language of Organizational Styling Lionel Wee National University of Singapore
This is the first book-length study of the linguistics of organizational styling, looking at the language and semiotic resources used by holiday resorts, pharmaceutical companies, restaurants and insurance companies in order to project their identities, and style themselves. ‘By juxtaposing the styling of persons and organizations, this important book elegantly demonstrates how we are shaped by corporate actors as they shape themselves and organizational others through their discursive force. It will be an invaluable resource for scholars in sociolinguistics, management and organization studies, and the field of communication.’ Boris H. J. M. Brummans, Université de Montréal 2015 228 x 152 mm 212pp 3 b/w illus. 978-1-107-05480-6 Hardback £60.00 / US$95.00 For all formats available, see
www.cambridge.org/9781107054806
Lawrence Ang
Explains the principles and practice of implementing an effective marketing strategy using a variety of channels and techniques. 2014 247 x 174 mm 400pp 165 colour illus. 978-1-107-64918-7 Paperback £70.00 / US$110.00 For all formats available, see
www.cambridge.org/9781107649187
Marketing Strategy Pack Alvin Lee Deakin University, Victoria
and Mark Edwards University of Western Australia, Perth
Textbook and casebook pack which will equip students to devise, implement and monitor strategies for superior performance in the market. 2013 247 x 174 mm 304pp 978-1-107-65130-2 2 Paperback Books £70.00 / US$104.00 For all formats available, see
www.cambridge.org/9781107651302
Finance
Finance Highlight Textbook
Entertainment Industry Economics A Guide for Financial Analysis Ninth edition Harold L. Vogel
Fully updated, this ninth edition of Entertainment Industry Economics remains the definitive source on the economics of film, music, television, advertising, broadcasting, cable, casino gaming and wagering, publishing, toys and games, performing arts and culture, sports, and theme parks, in the United States and overseas. Contents: Part I. Introduction: 1. Economic perspectives; 2. Basic elements; Part II. Media-Dependent Entertainment: 3. Movie macroeconomics; 4. Making and marketing movies; 5. Financial accounting in movies and television; 6. Music; 7. Broadcasting; 8. Cable; 9. Publishing; 10. Toys and games; Part III. Live Entertainment: 11. Gaming and wagering; 12. Sports; 13. Performing arts and culture; 14. Amusement/theme parks; Part IV. Roundup: 15. Performance and policy. 2015 228 x 152 mm 680pp 95 b/w illus. 73 tables 978-1-107-07529-0 Hardback £45.00 / US$70.00 For all formats available, see
www.cambridge.org/9781107075290
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The Transformation of Islamic Law in Global Financial Markets Jonathan Ercanbrack School of Oriental and African Studies, University of London
Jonathan Ercanbrack examines the municipal legal systems of the United Kingdom, Bahrain, the United Arab Emirates and the Dubai International Financial Centre in order to illustrate globalisation’s acceleration of legal, economic and social production. 2015 228 x 152 mm 424pp 1 b/w illus. 978-1-107-06150-7 Hardback £80.00 / US$125.00 For all formats available, see
www.cambridge.org/9781107061507
Highlight
Rethinking Housing Bubbles The Role of Household and Bank Balance Sheets in Modeling Economic Cycles Steven D. Gjerstad Chapman University, California
and Vernon L. Smith Chapman University, California
In this highly original piece of work, Steven D. Gjerstad and Nobel Laureate Vernon L. Smith combine data from both laboratory and real markets and use novel historical analysis on economic events going back to the Great Depression to establish the critical roles of household and bank balance sheets in economic cycles. 2014 228 x 152 mm 304pp 52 b/w illus. 10 tables 978-0-521-19809-7 Hardback £35.00 / US$50.00 For all formats available, see
www.cambridge.org/9780521198097
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Finance Textbook
Introductory Econometrics for Finance Third edition Chris Brooks University of Reading
The only econometrics textbook written specifically for finance students with no prior knowledge of econometrics, including extensive online student support. Review of previous edition: ‘Very comprehensive, and it does a sound job of covering the territory.’ The Times Higher Education Supplement
Contents: Preface to the third edition; Acknowledgements; 1. Introduction; 2. Mathematical and statistical foundations; 3. A brief overview of the classical linear regression model; 4. Further development and analysis of the classical linear regression model; 5. Classical linear regression model assumptions and diagnostic tests; 6. Univariate time series modelling and forecasting; 7. Multivariate models; 8. Modelling long-run relationships in finance; 9. Modelling volatility and correlation; 10. Switching models; 11. Panel data; 12. Limited dependent variable models; 13. Simulation methods; 14. Conducting empirical research or doing a project or dissertation in finance; Appendix 1. Sources of data used in this book; Appendix 2. Tables of statistical distributions; Glossary; References; Index. 2014 246 x 189 mm 740pp 132 colour illus. 70 tables 978-1-107-03466-2 Hardback £99.00 / US$160.00 978-1-107-66145-5 Paperback £48.00 / US$80.00 For all formats available, see
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Textbook New in Paperback
Valuation and Risk Management in Energy Markets Glen Swindle Scoville Risk Partners
Valuation and Risk Management in Energy Markets surveys the mechanics of energy markets and the valuation of structures commonly arising in practice. Contents: Part I. Introduction to Energy Commodities: 1. Context; 2. Forwards and carry; 3. Macro perspective; Part II. Basic Valuation and Hedging: 4. Risk-neutral valuation; 5. Dynamics of forwards; 6. Swaps books; Part III. Primary Valuation Issues: 7. Term structure of volatility; 8. Skew; 9. Correlation; Part IV. MultiFactor Models: 10. Covariance, spot prices, and factor models; 11. Gaussian exponential factor models; 12. Modeling paradigms; Part V. Advanced Methods and Structures: 13. Natural gas storage; 14. Tolling deals; 15. Variable quantity swaps; Part VI. Additional Topics: 16. Control, risk metrics, and credit; 17. Conclusions; Appendices. 2015 254 x 178 mm 498pp 258 b/w illus. 5 tables 978-1-107-53988-4 Paperback £27.99 / US$41.99 Also available 978-1-107-03684-0 Hardback £75.00 / US$110.00 For all formats available, see
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Finance New in Paperback
Commodity Price Dynamics A Structural Approach Craig Pirrong University of Houston
This book utilizes structural models to provide a better understanding of how commodities’ prices behave and what drives them. 2014 229 x 152 mm 240pp 62 b/w illus. 8 tables 978-1-107-61633-2 Paperback £21.99 / US$32.99 Also available 978-0-521-19589-8 Hardback £74.99 / US$114.99 For all formats available, see
www.cambridge.org/9781107616332
Handbook of Financial Data and Risk Information Edited by Margarita S. Brose Mark D. Flood Dilip Krishna Deloitte & Touche, LLP
and Bill Nichols
A comprehensive resource for understanding the issues involved in collecting, measuring and managing data in the financial services industry. 2014 247 x 174 mm 1170pp 25 b/w illus. 140 colour illus. 80 tables 978-1-107-69070-7 2-Volume Hardback Set £160.00 / US$240.00 For all formats available, see
www.cambridge.org/9781107690707
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Handbook of Financial Data and Risk Information I Principles and Context Volume 1 Edited by Margarita S. Brose Mark D. Flood Dilip Krishna Deloitte & Touche, LLP
and Bill Nichols
A comprehensive resource for understanding the issues involved in collecting, measuring and managing data in the financial services industry. 2014 247 x 174 mm 658pp 6 b/w illus. 50 colour illus. 40 tables 978-1-107-01201-1 Hardback £95.00 / US$150.00 For all formats available, see
www.cambridge.org/9781107012011
Handbook of Financial Data and Risk Information II Software and Data Volume 2 Edited by Margarita S. Brose Mark D. Flood Dilip Krishna Deloitte & Touche, LLP
and Bill Nichols
A comprehensive resource for understanding the issues involved in collecting, measuring and managing data in the financial services industry. 2014 247 x 174 mm 574pp 15 b/w illus. 90 colour illus. 40 tables 978-1-107-01202-8 Hardback £95.00 / US$150.00 For all formats available, see
www.cambridge.org/9781107012028
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Finance Textbook
Finance A Quantitative Introduction Nico van der Wijst Norwegian University of Science and Technology, Trondheim
An introduction to modern finance designed for students with strong quantitative skills. ‘An excellent guide to modern finance. Professor van der Wijst provides clear and comprehensive explanations of the major theories in asset pricing, options, and corporate finance and the evidence for and against each. His book is remarkable both for its range and clarity.’ Louis Ederington, Michael F. Price Chair in Finance, University of Oklahoma
Contents: 1. Introduction; 2. Fundamental concepts and techniques; 3. Modern portfolio theory; 4. Market efficiency; 5. Capital structure and dividends; 6. Valuing levered projects; 7. Option pricing in discrete time; 8. Option pricing in continuous time; 9. Real options analysis; 10. Selected option applications; 11. Hedging; 12. Agency problems and governance; Solutions to exercises; Glossary; Index. 2013 246 x 189 mm 445pp 64 b/w illus. 73 tables 978-1-107-02922-4 Hardback £39.99 / US$69.99 For all formats available, see
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The Rise of the Value-Added Tax Kathryn James Monash University, Victoria
This book explores how within less than 50 years the value-added tax (VAT) has risen to become one of the world’s most dominant revenue instruments. It combines policy and legal analysis to propose a new way of understanding this rise so as to better reflect the realities of the VATs that are actually implemented. Cambridge Tax Law Series
2015 228 x 152 mm 496pp 7 b/w illus. 18 tables 978-1-107-04412-8 Hardback £80.00 / US$125.00 Publication April 2015 For all formats available, see
www.cambridge.org/9781107044128
Predictive Modeling Applications in Actuarial Science Volume 1: Predictive Modeling Techniques Edited by Edward W. Frees University of Wisconsin, Madison
Richard A. Derrig Temple University, Philadelphia
and Glenn Meyers ISO Innovative Analytics, New Jersey
This book is for actuaries and other financial analysts who are developing their expertise in statistics and wish to become familiar with concrete examples of predictive modeling. It emphasizes lifelong learning by developing tools in an insurance context, providing the relevant actuarial applications, and introducing advanced statistical techniques that can be used by analysts
Finance to gain a competitive advantage in situations with complex data.
additional material are available at www.cambridge.org/9781107003675.
International Series on Actuarial Science
Mastering Mathematical Finance
2014 247 x 174 mm 563pp 120 b/w illus. 94 tables 26 exercises 978-1-107-02987-3 Hardback £50.00 / US$85.00
2014 228 x 152 mm 172pp 35 b/w illus. 75 exercises 978-1-107-00367-5 Hardback £50.00 / US$80.00
For all formats available, see
978-0-521-17714-6 Paperback £24.00 / US$39.99
www.cambridge.org/9781107029873
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For all formats available, see
Computation and Modelling in Insurance and Finance Erik Bølviken Universitetet i Oslo
A user-oriented, practical introduction outlining methods for analysing actuarial and financial risk.
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Textbook
Granularity Theory with Applications to Finance and Insurance Patrick Gagliardini Universita della Svizzera Italiana, Switzerland
International Series on Actuarial Science
and Christian Gouriéroux
2014 247 x 174 mm 709pp 80 b/w illus. 45 tables 550 exercises 978-0-521-83048-5 Hardback £80.00 / US$120.00
University of Toronto
For all formats available, see
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Portfolio Theory and Risk Management Maciej J. Capiński AGH University of Science and Technology, Krakow
and Ekkehard Kopp University of Hull
With its focus on examples, exercises and calculations this book suits advanced undergraduates as well as postgraduates and practitioners. It provides a rigorous treatment of the underlying theory and equips the reader to handle risk assessments in modern finance. Solutions and
This book provides the first comprehensive overview of the granularity theory applied to risk analysis in finance and insurance. The granularity principle leads to analytical formulas for risk analysis that are simple to implement and accurate even when the portfolio size is large. ‘Credible portfolio risk assessment requires financial-econometric methods that respect the limitations of finite samples (finite numbers of assets) in real portfolios. Gagliardini and Gouriéroux propose and explore asymptotic expansions (granularity adjustments) that do just that. As expected, their book displays a wonderful clarity of thought and will be highly valued in academic, policy and practitioner circles.’ Francis X. Diebold, Paul F. and Warren S. Miller Professor of Economics, University of Pennsylvania
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Finance / Economic history Contents: 1. The standard asymptotic theorems and their limitations; 2. Gaussian static factor; 3. Static qualitative factor model; 4. Nonlinear dynamic panel-data model; 5. Prediction and basket derivative pricing; 6. Granularity for risk measures. Themes in Modern Econometrics
2014 228 x 152 mm 202pp 36 b/w illus. 12 tables 978-1-107-07083-7 Hardback £55.00 / US$90.00 978-1-107-66288-9 Paperback £21.99 / US$34.99 For all formats available, see
www.cambridge.org/9781107070837
the book turns out to be a tasty blend of economics, statistics, and business performance measurement. In addition, quite a number of lesser known treasures from history were unearthed. This is a rich book, both for theorists and practitioners.’ Bert M. Balk, Rotterdam School of Management, Erasmus University 2015 238 x 161 mm 428pp 50 b/w illus. 21 tables 978-0-521-88353-5 Hardback £65.00 / US$99.00 978-0-521-70987-3 Paperback £24.99 / US$39.99 Publication April 2015
Productivity Accounting The Economics of Business Performance Emili Grifell-Tatjé Universitat Autònoma de Barcelona
and C. A. Knox Lovell
For all formats available, see
www.cambridge.org/9780521883535
Economic history
University of Queensland
Productivity Accounting offers an indepth analysis of business productivity performance, providing an analytical framework within which to account for variation in business performance and the causes and consequences of this variation. Combining analytical rigor with empirical illustrations, the analysis draws on wide-ranging literatures, both historical and current, from business and economics. ‘The central theme of this book is decomposition. With chirurgical precision the authors dissect change of profitability, profit, cost, and return-on-assets, looking for traces of productivity change. They are thereby interested not only in the drivers of productivity change, but also in the distribution of its fruits. As a result
Key Reference
The Cambridge History of Capitalism Edited by Larry Neal University of Illinois, Urbana-Champaign
and Jeffrey G. Williamson Harvard University, Massachusetts
A definitive two-volume work on the rise, development, spread and impact of capitalism across the world. 2014 228 x 152 mm 1400pp 54 b/w illus. 5 maps 27 tables 978-1-107-03694-9 2-Volume Hardback Set £150.00 / US$230.00 For all formats available, see
www.cambridge.org/9781107036949
Economic history Key Reference
The Cambridge History of Capitalism Volume 1: The Rise of Capitalism: From Ancient Origins to 1848 Edited by Larry Neal University of Illinois, Urbana-Champaign
and Jeffrey G. Williamson Harvard University, Massachusetts
Volume 1 of a definitive two-volume reference tracing the rise and development of capitalism from ancient to modern times. 2014 228 x 152 mm 628pp 28 b/w illus. 5 maps 13 tables 978-1-107-01963-8 Hardback £85.00 / US$130.00 For all formats available, see
www.cambridge.org/9781107019638
Key Reference
The Cambridge History of Capitalism Volume 2: The Spread of Capitalism: From 1848 to the Present Edited by Larry Neal University of Illinois, Urbana-Champaign
and Jeffrey G. Williamson Harvard University, Massachusetts
Volume 2 of a definitive two-volume reference exploring the spread and impact of capitalism across the world.
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Banking in Crisis The Rise and Fall of British Banking Stability, 1800 to the Present John D. Turner Queen’s University Belfast
Can the lessons of the past help us to prevent another banking collapse in the future? This is the first full account of the rise and fall of British banking stability over two hundred years, shedding new light on why banking systems crash and on the factors underpinning banking stability. ‘Banking in Crisis combines the very best of serious academic scholarship and keen policy analysis. It should be required reading for anyone – expert and non-expert alike – who is interested in the past, present, and future of British banking.’ Richard S. Grossman, Wesleyan University, Connecticut Cambridge Studies in Economic History – Second Series
2014 228 x 152 mm 267pp 10 b/w illus. 41 tables 978-1-107-03094-7 Hardback £50.00 / US$85.00 978-1-107-60986-0 Paperback £19.99 / US$32.99 For all formats available, see
www.cambridge.org/9781107030947
2014 228 x 152 mm 577pp 26 b/w illus. 14 tables 978-1-107-01964-5 Hardback £85.00 / US$130.00 For all formats available, see
www.cambridge.org/9781107019645
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Economic history / Also of interest Textbook
The Rise of the Global Company Multinationals and the Making of the Modern World Robert Fitzgerald Royal Holloway, University of London
This is the first full account of how the multinational enterprise drove globalization and contributed to the making of the modern world. Robert Fitzgerald reveals how the growth of international businesses shaped the economic development of nations, their politics and sovereignty, and the balance of power in international relations. Advance praise: ‘This is an ambitious study, long in preparation, on the vast reach of multinational enterprises and on their importance in the transformation of the modern world economy. It draws on a formidable collection of individual company data, emphasizing the interactions between firms and diplomatic, military, and political, as well as economic history. It covers a wide range of multinational enterprises in agriculture and mining and services as well as in manufacturing. It is a fascinating work.’ Mira Wilkins, Florida International University
Contents: 1. Multinationals, states and the international economy; 2. Empires of business: 1870–1914; 3. The reverse gear?: 1914–48; 4. Cold War and the new international economic order: 1948–80; 5. Global economics?: 1980–2012; Conclusion: international business in time; Tables; References; Bibliography; Index. New Approaches to Economic and Social History
2015 228 x 152 mm 270pp 39 tables 978-0-521-84974-6 Hardback c. £60.00 / c. US$99.00 978-0-521-61496-2 Paperback c. £18.99 / c. US$27.99 Publication July 2015 For all formats available, see
www.cambridge.org/9780521849746
Also of interest Highlight
Causal Inference for Statistics, Social, and Biomedical Sciences An Introduction Guido W. Imbens Stanford University, California
and Donald B. Rubin Harvard University, Massachusetts
In this groundbreaking text, two worldrenowned experts present statistical methods for studying causal effects: how can we learn about the expected effect of an intervention or a change in environment? The authors discuss how we can assess such effects in simple randomized experiments, where the researcher controls the treatments, and in observational studies, where the
Also of interest subjects themselves may affect which treatment they receive. Advance praise: ‘This book offers a definitive treatment of causality using the potential outcomes approach. Both theoreticians and applied researchers will find this an indispensable volume for guidance and reference.’ Hal Varian, Chief Economist, Google and Emeritus Professor, University of California, Berkeley 2015 253 x 177 mm 592pp 18 b/w illus. 97 tables 978-0-521-88588-1 Hardback £40.00 / US$60.00 Publication June 2015 For all formats available, see
www.cambridge.org/9780521885881
Employer and Worker Collective Action A Comparative Study of Germany, South Africa, and the United States Andrew G. Lawrence Vienna School of International Studies
This book compares sources of worker and employer power in Germany, South Africa, and the United States in order to identify the sources of comparative US decline in union power and to more precisely analyze the nature of labormovement power. ‘What unions can do in theory, versus what they can achieve in practice, varies too widely to be accounted for by institutional variables alone. Andrew Lawrence’s theoretically sophisticated and empirically rich study of unions and employers organizations in the United States, Germany, and South Africa shows us
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how labor power is a relational rather than a structural property that allows the translation of resources from one domain to another. Ability and agency, rather than capacity or density, are the keys to understanding the diverse patterns of workers’ collective action.’ Mark Blyth, Brown University 2014 228 x 152 mm 360pp 3 b/w illus. 12 tables 978-1-107-07175-9 Hardback £65.00 / US$99.00 For all formats available, see
www.cambridge.org/9781107071759
The Economics of Public-Private Partnerships A Basic Guide Eduardo Engel Universidad de Chile
Ronald D. Fischer Universidad de Chile
and Alexander Galetovic Universidad de Los Andes, Santiago, Chile
The authors provide a summary of the main lessons learned from the interplay of experience and the academic literature on public-private partnerships (PPPs), addressing such key issues as when governments should choose a PPP instead of a conventional provision, how PPPs should be implemented, and the appropriate governance structures for PPPs. ‘It should surprise no one today that private provision of public services is no panacea, and this excellent book is a clear-eyed overview of the promises and pitfalls of public-private partnerships. It belongs on the shelf of anyone who cares about infrastructure, public-private partnerships, or indeed the very future of government itself.
eBooks available at www.cambridge.org/ebookstore
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Also of interest It is lucid and well written and filled to the brim with wisdom, insight, and far-ranging knowledge.’ Edward Glaeser, Glimp Professor of Economics, Harvard University, Massachusetts 2014 216 x 138 mm 194pp 12 b/w illus. 16 tables 978-1-107-03591-1 Hardback £55.00 / US$90.00 978-1-107-63278-3 Paperback £23.99 / US$34.99 For all formats available, see
www.cambridge.org/9781107035911
Social Media Mining An Introduction Reza Zafarani
2014 234 x 156 mm 332pp 109 b/w illus. 20 tables 107 exercises 978-1-107-01885-3 Hardback £40.00 / US$60.00 For all formats available, see
www.cambridge.org/9781107018853
The History of Global Climate Governance Joyeeta Gupta Universiteit van Amsterdam
A systematic exploration of the underlying issues and negotiation history of climate change governance, for policymakers, NGOs, researchers and graduate students.
Arizona State University
2014 247 x 174 mm 262pp 36 b/w illus. 28 tables 978-1-107-04051-9 Hardback £45.00 / US$75.00
and Huan Liu
For all formats available, see
Arizona State University
Mohammad Ali Abbasi Arizona State University
Social Media Mining integrates social media, social network analysis, and data mining to provide a coherent platform for students, practitioners, researchers and project managers to understand the basics and potentials of social media mining. It presents fundamental concepts, emerging issues, and effective algorithms for network analysis and data mining. ‘This is an exceptionally wellconstructed book on social media that will be useful to academia and industry alike. The book covers the entire area of social network analysis in a comprehensive and understandable way.’ Charu Aggarwal, IBM T. J. Watson Research Center
www.cambridge.org/9781107040519
Highlight
Real Social Science Applied Phronesis Edited by Bent Flyvbjerg University of Oxford
Todd Landman University of Essex
and Sanford Schram Bryn Mawr College, Pennsylvania
A new, hands-on approach to social inquiry for social scientists who wish to make a difference to policy and practice. 2012 228 x 152 mm 320pp 3 b/w illus. 2 tables 978-1-107-00025-4 Hardback £64.99 / US$104.99 978-0-521-16820-5 Paperback £19.99 / US$34.99 For all formats available, see
www.cambridge.org/9781107000254
Also of interest
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Inside China’s Automobile Factories The Politics of Labor and Worker Resistance Lu Zhang Temple University, Philadelphia
Based on years of fieldwork and extensive interviews conducted from inside seven large auto factories in various regions, Lu Zhang combines original empirical data and sophisticated analysis to provide a multilayered framework for understanding how labor relations in the auto industry and broader social economy can be expected to develop in China in the coming decades. ‘Lu Zhang’s highly readable and insightful book offers a fascinating perspective on the recent wave of strikes in China’s vast and growing automobile industry, drawing on extensive fieldwork in seven different auto factories. Highlighting the militancy of young, highly educated temporary auto assembly workers, who live in factory dormitories and often use social media as an organizing tool, Zhang shows how they leverage the ideological legacy of state socialism to challenge the logic of profit maximization in the world’s most dynamic market economy. It is difficult to imagine a more intriguing case study of twenty-first-century labor unrest.’ Ruth Milkman, Graduate Center, City University of New York 2014 228 x 152 mm 254pp 26 b/w illus. 1 map 22 tables 978-1-107-03085-5 Hardback £60.00 / US$95.00 For all formats available, see
www.cambridge.org/9781107030855
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Index A Abbasi, Mohammad Ali..........................38 Abramowicz, Michael B..........................21 After Greenwashing...............................16 Allen, Thomas J.......................................23 Analytics for Leaders................................2 Andersen, Torben Juul..............................3 Ang, Lawrence.......................................28 Archer, Crina..........................................15 Arvidsson, Niklas......................................4
B Bagaric, Mirko........................................17 Banking in Crisis....................................36 Beech, Nic................................................5 Bowen, Frances......................................16 Bølviken, Erik.........................................33 Brady, Tim................................................4 Brooks, Chris..........................................30 Brose, Margarita S............................ 31, 32 Building Technology Transfer within Research Universities...........................23 Burns, Lawton R.....................................25 Burton, Richard M....................................4 Business Environment of Europe, The........6 Business Ethics.......................................12
C Callister, John R......................................26 Cambridge Handbook of Institutional Investment and Fiduciary Duty.............18 Cambridge Handbook of Strategy as Practice.................................................2 Cambridge History of Capitalism, The......35 Capiński, Maciej J...................................33 Causal Inference for Statistics, Social, and Biomedical Sciences......................37 China’s Path to Innovation........................8 Commodity Price Dynamics.....................31 Computation and Modelling in Insurance and Finance.........................33 Consumer Lending in France and America.1 Corporate Governance and Initial Public Offerings.............................................17 Crabtree, Jason......................................21
Creating Global Opportunities................11 Creating New Markets in the Digital Economy.............................................25 Cuervo-Cazurra, Alvaro...........................10
D Daily, James E.........................................21 Dashwood, Hevina S...............................14 de Bruin, Boudewijn...............................12 De Meester, Bart....................................11 Decade of the Multilatinas, The.................9 Derrig, Richard A....................................33 Diez, Fermin...........................................20 Dolla, Varaprasad S...................................8 Driven by Demand..................................21 Du Plessis, Jean Jacques.........................17 Dynamics of Broadband Markets in Europe, The.........................................24
E Economics of Public-Private Partnerships, The.................................38 Edwards, Mark.......................................28 Ekstedt, Eskil............................................4 Employer and Worker Collective Action...37 Empty Labor...........................................18 Engel, Eduardo.......................................38 Englehardt, Elaine E...............................15 Entertainment Industry Economics..........29 Entrepreneurial Arch, The........................21 Entrepreneurial Engineer, The..................26 Ercanbrack, Jonathan.............................29 Ethics and the Global Financial Crisis......12
F Faley, Timothy L......................................21 Finance..................................................32 Fiorella, Logan.........................................1 Fischer, Ronald D....................................38 Fischer, Thomas........................................3 Fisher, N. I................................................2 Fitzgerald, Robert...................................36 Fleisch, Elgar............................................3 Flood, Mark D.................................. 31, 32
Index Flyvbjerg, Bent.......................................39 Frees, Edward W.....................................33 Frow, Pennie..........................................27 Fu, Xiaolan...............................................8
G Gagliardini, Patrick.................................34 Galetovic, Alexander...............................38 Gebauer, Heiko.........................................3 Gilmore, Charlotte....................................5 Gjerstad, Steven D..................................29 Golsorkhi, Damon....................................2 Gomez, Pierre-Yves................................18 Gouriéroux, Christian..............................34 Granularity Theory with Applications to Finance and Insurance.........................34 Grassroots for Hire.................................16 Grifell-Tatjé, Emili...................................34 Groutsis, Dimitria...................................19 Guay, Terrence R.......................................6 Guellec, Dominique................................25 Gupta, Joyeeta.......................................39
H Håkonsson, Dorthe Døjbak.......................4 Handbook of Financial Data and Risk Information.........................................31 Handbook of Financial Data and Risk Information I.......................................31 Handbook of Financial Data and Risk Information II......................................32 Happiness and Virtue Ethics in Business..13 Hargovan, Anil.......................................17 Harris, Jared D........................................14 Harris, Jason...........................................17 Hartman, Laura Pincus............................15 Harvey, William......................................19 Hawley, James P.....................................18 History of Global Climate Governance, The.....................................................39 Hoepner, Andreas G. F.............................18 Human Capital and Global Business Strategy..............................................20
41
I Imbens, Guido W....................................37 India’s Healthcare Industry......................25 Innovation in India.................................24 Innovative Entrepreneur, The...................23 Inside China’s Automobile Factories........39 Intellectual Shamans..............................13 International Human Resource Management.......................................19 Internet in the Workplace, The..................1 Introductory Econometrics for Finance....30
J James, Kathryn.......................................32 Jephson, Chris........................................11 Jia, Jimmy Y............................................21 Johnson, Keith L.....................................18 Judge, William........................................17
K Kieff, F. Scott...........................................21 Knoblauch, Hubert...................................6 Kopp, Ekkehard......................................33 Korine, Harry..........................................18 Krishna, Dilip.................................... 31, 32
L Landman, Todd......................................39 Language of Organizational Styling, The.. 28 Lawrence, Andrew G...............................37 Learning as a Generative Activity..............1 Lee, Alvin...............................................28 Lemstra, Wolter......................................24 Lim, Aik Hoe...........................................11 Liu, Huan...............................................38 Loucks, Daniel P......................................26 Lovell, C. A. Knox....................................34 Lundin, Rolf A...........................................4 Lusch, Robert F.......................................26
M Madiès, Thierry.......................................25 Management across Cultures....................7 Management as Consultancy....................5
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42
Index Managerial Sources of Corporate Social Responsibility, The...............................15 Managing and Working in Project Society.4 Managing Human Resources in China.......9 Marketing Strategy Pack.........................28 Mayer, Richard E.......................................1 McDonald, Gael.....................................12 Melody, William H..................................24 Meyers, Glenn........................................33 Midler, Christophe....................................4 Morgen, Henning...................................11 Moriarty, Brian.......................................14
N Nardon, Luciara........................................7 Neal, Larry.............................................35 Networks and Institutions in Europe’s Emerging Markets...............................10 Ng, Irene C. L.........................................25 Nichols, Bill...................................... 31, 32
O O’Shea, Rory P........................................23 Obel, Børge..............................................4 Obstacles to Ethical Decision-Making......15 Organising Music.....................................5 Organizational Design..............................4 Out of Poverty........................................12 Özbilgin, Mustafa...................................19
P Patent Markets in the Global Knowledge Economy.............................................25 Paulsen, Roland......................................18 Payne, Adrian.........................................27 Perspectives on Patentable Subject Matter.................................................21 Pirrong, Craig.........................................31 Portfolio Theory and Risk Management...33 Powell, Benjamin....................................12 PowerPoint, Communication, and the Knowledge Society................................6 Prager, Jean-Claude................................25
Predictive Modeling Applications in Actuarial Science.................................33 Principles of Contemporary Corporate Governance.........................................17 Principles of Integrated Marketing Communications.................................28 Pritchard, Michael S................................15 Productivity Accounting..........................34 Public Trust in Business...........................14
R Ramamurti, Ravi.....................................10 Ramani, Shyama V..................................24 Real Social Science.................................39 Rethinking Housing Bubbles...................29 Rise of Global Corporate Social Responsibility, The...............................14 Rise of the Global Company, The.............36 Rise of the Value-Added Tax, The............32 Rouleau, Linda.........................................2 Rubin, Donald B.....................................37
S Sanchez-Runde, Carlos J...........................7 Sandberg, Joakim...................................18 Santiso, Javier..........................................9 Schoenman, Roger.................................10 Schram, Sanford.....................................39 Science and Technology in Contemporary China..............................8 Scullion, Hugh........................................20 Seidl, David..............................................2 Service Business Development..................3 Service-Dominant Logic..........................26 Shield of Nationality, The..........................8 Short Introduction to Strategic Management.........................................3 SinghaRoy, Debal K................................23 Sison, Alejo José G..................................13 Smith, Richard R.....................................20 Smith, Vernon L......................................29 Social Media Mining...............................38 Sparrow, Paul.........................................20 Spender, J.-C...........................................22 Spulber, Daniel F.....................................23
Index Steers, Richard M.....................................7 Strategic Conversations..........................22 Strategic Customer Management............27 Strategic Talent Management.................20 Strong Managers, Strong Owners............18 Strong, Bruce A......................................22 Sturdy, Andrew.........................................5 Swindle, Glen.........................................30 Sydow, Jรถrg..............................................4
Valuation and Risk Management in Energy Markets...................................30 van der Wijst, Nico.................................32 Vargo, Stephen L....................................26 Vogel, Harold L.......................................29
W
Tarique, Ibraiz.........................................20 Thauer, Christian R.................................15 Thomas, Howard....................................20 Timmons, James E..................................26 Timmons, Michael B................................26 Towards a Knowledge Society.................23 Transformation of Islamic Law in Global Financial Markets, The.........................29 Trumbull, Gunnar.....................................1 Turner, John D.........................................36
Waddock, Sandra...................................13 Waitzer, Edward J...................................18 Walker, Edward T....................................16 Wallace, Patricia.......................................1 Wee, Lionel............................................28 Weiss, Rhett L.........................................26 Wellhausen, Rachel L................................8 Werhane, Patricia H................................15 Wicks, Andrew C....................................14 Williamson, Jeffrey G..............................35 Wright, Christopher..................................5 WTO Domestic Regulation and Services Trade...................................................11 Wylie, Nick...............................................5
U
Z
Understanding Multinationals from Emerging Markets...............................10
Zafarani, Reza........................................38 Zattoni, Alessandro................................17 Zhang, Lu...............................................39 Zheng, Yu.................................................9
T
V
43
Vaara, Eero..............................................2
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