Month: August 2015

Book Review: Palgrave Handbook of Research Design in Business and Management

Editor: Kenneth D. Strang, PhD Publisher: Palgrave Macmillan – 565 pages Book Review by: Deekay Daulat Like any architect who needs a good blue print to get approvals before beginning a construction project, any researcher needs to design a solid plan before starting a research project. This book helps you, the researcher, business owner or manager learn how to create and use various practical research designs based on existing theory and the latest in empirical best practices. A flawed design will give you bad or unusable data, and faulty results based on such data, just as a structurally unsound...

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Book Review: The Financialization of Commodity Markets

Author: Adam Zaremba Publisher: Palgrave Macmillan – 249 pages Book Review by: Sonu Chandiram You may or may not have heard of the word ‘financialization’ and you may be wondering what exactly it means. It is simply the process by which all tangible and intangible value that is exchanged between people is reduced into a financial instrument. The intent of financialization is to be able to reduce or transform any work, product, or service into a tradable or exchangeable financial instrument.  A simple example of a financialized instrument is a mortgage, by which a worker is trading his or...

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Book Review: Quantitative Finance: Back to Basics Principles

Author: Adil Reghai Publisher: Palgrave Macmillan – 223 pages Book Review by: Venkat Subramaniam Some of the world’s most successful investors in public and private companies, including Warren Buffett, look at “attractive” differences between price and value before buying them in part or whole. While the value of a private firm may be difficult to assess due to the need to be correct in verifying its fundamentals, public ones are easier since the numbers are laid out in black and white. Buffett learned margin of safety, the basics of valuation, and other important lessons from the legendary investor (and...

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Book Review: Advertising to Children: New Directions, New Media

Editors: Mark Blades, Caroline Oates, Fran Blumberg, and Barrie Gunter Publisher: Palgrave Macmillan – 254 pages Book Review by: Laxmi Chaandi Children have been a target of advertisers since before the beginning of the twentieth century, and particularly more so in since the start of its second half, century, the editors point out in their Introduction to this book. The British government was concerned about protecting children from sellers of goods as early as the late nineteenth century, so legislation was passed in Britain aimed at such protection from merchants. Its enactment developed over concern about the ability of...

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Book Review: A Fragile Balance: Emergency Savings and Liquid Resources for Low-Income Consumers

Editor: J. Michael Collins Publisher: Palgrave Macmillan – 234 pages Book Review by: Sonu Chandiram The United States’ gross domestic product on a per capita basis is $54,597, which is quite impressive because it is the tenth highest in the world according to International Monetary Fund data for 2014. The GDP per capita can be loosely considered as annual income. This GDP figure is in nominal terms, in contrast against Purchasing Power Parity or PPP terms which takes into account the cost of goods and services based on the local currency in circulation. In terms of per-capita wealth among...

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