References
Acharya, Viral V., Conor Kehoe, and Michael Reyner. 2009, March. “Private Equity vs. PLC Boards in the UK: A Comparison of Practices and Effectiveness.” ECGI-Finance working paper no. 233/2009,
http://ssrn.com/abstract=1324019.
Aghion, Philippe, Yann Algan, Pierre Cahuc, and Andre Shleifer. 2009, January. “Regulation and Distrust.” NBER working paper no. 14648.
Alessandri, Todd M., David N. Ford, Diane M. Lander, Karyl B. Leggio, and Marilyn Taylor. 2004. “Managing Risk and Uncertainty in Complex Capital Projects.” Quarterly Review of Economics and Finance 44(5, December): 751-767.
Argyris, Chris, and Donald A. Schön. 1996. Organizational Learning II: Theory, Method, and Practice. Boston: Addison-Wesley.
Bacon, John U. 2004. America’s Corner Store: Walgreens ’ Prescription for Success. Hoboken, NJ: John Wiley & Sons, 2004.
Baetjer, Howard, and Peter Lewin. 2007, April. “Can Ideas Be Capital?: Can Capital Be Anything Else?” Mercatus Center, George Mason University.
Bamberger, W. C. 2006. Adelbert Ames, Jr.: A Life of Vision and Becomingness. Whitmore Lake, MI: Bamberger Books.
Barringer, William H., and Kenneth J. Pierce. 2000. Paying the Price for Big Steel. American Institute for International Steel.
Baumol, William J. 2002. The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism. Princeton, NJ: Princeton University Press.
Baumol, William J. 2008. “Entrepreneurship: Productive, Unproductive, and Destructive. ” In Benjamin Powell, ed., Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development. Stanford, CA: Stanford University Press.
Bebchuk, Lucian, and Jesse Fried. 2004. Pay without Performance: The Unfilled Promise of Executive Compensation. Cambridge, MA: Harvard University Press.
Beinhocker, Eric D. 2006. The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics. Boston: Harvard Business School Press.
Bhidé, Amar. 2008. The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World. Princeton, NJ: Princeton University Press.
Black, William. 2009. “The Lessons of the Savings -and-Loan Crisis.” Interview, Barron’s 13 (April): 36-37.
Bogle, John. 2009. “Markets in Crisis. ” Interview, Financial Analysts Journal 65 (1, January/February): 17-24.
Bookstaber, Richard. 2007. A Demon of Our Own Design. Hoboken, NJ: John Wiley & Sons.
Brealey, Richard A., Stewart C. Myers, and Franklin Allen. 2006. Principles of Corporate Finance, 8th ed. New York: McGraw-Hill Irwin.
Brown, Tim. 2007. “Strategy by Design, ” Fast Company (December 19, 2007).
Cantril, Hadley. 1950. The “Why” of Man ’s Experience. New York: Macmillan Company, p. 59.
Cantril, Hadley. 1960. The Morning Notes of Adelbert Ames, Jr. New Brunswick, NJ: Rutgers University Press.
CFA Institute. 2005. A Comprehensive Business Reporting Model: Financial Reporting for Investors.
Christensen, Clayton M. 1997. The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail. Boston: Harvard Business School Press.
Coase, R. H. 1995. Essays on Economics and Economists. Chicago: University of Chicago Press.
Collins, Jim. 2001. Good to Great: Why Some Companies Make the Leap . . . and Others Don’t. New York: HarperBusiness.
Copeland, Tom, and Aaron Dolgoff. 2005. Outperform with Expectations-Based Management: A State-of-the-Art Approach to Creating and Enhancing Shareholder Value. Hoboken, NJ: John Wiley & Sons.
Corcam, Robert. 2002. Boyd: The Fighter Pilot Who Changed the Art of War. New York: Litle, Brown and Company.
Corrado, Carol, John Haltiwanger, and Daniel Sichel. 2005. Measuring Capital in the New Economy. Chicago: University of Chicago Press.
DeLuzio, Mark. 2001. “Danaher Is a Paragon of Lean Success. ” Interview, Manufacturing News 8(12, June 29, 2001).
Dettmer, H. William. 2007. The Logical Thinking Process: A Systems Approach to Complex Problem Solving. Milwaukee, WI: ASQ Quality Press.
Donaldson, Gordon. 1995. “A New Tool for Boards: The Strategic Audit.” Harvard Business Review (July/August): 99-107.
Drucker, Peter F. 1993. Management: Tasks, Responsibilities, Practices. New York: Collins Business, p. 508.
Eddins, Sam, and Bartley J. Madden. 2002. “Will Your Next Acquisition Pay Off?” Shareholder Value (May/June).
Erhard, Werner H., Michael C. Jensen, and Steve Zaffron. 2008, April. “Integrity: A Positive Model that Incorporates the Normative Phenomena of Morality, Ethics, and Legality.” Working paper. At
http://ssrn.com/abstract=920625.
Fabozzi, Frank J., Sergio M. Focardi, and Caroline Jones. 2008. Challenges in Quantitative Equity Management. Charlottesville: Research Foundation of CFA Institute.
Fama, E. F., and K.R. French. 1999. “The Corporate Cost of Capital and the Return on Corporate Investment.” Journal of Finance 54(6, December): 1939-1967.
Fama, E. F., and K. R. French. 2000. “Forecasting Profitability and Earnings. ” Journal of Business 73(2, April): 161-175.
Fama, E. F., and K. R. French. 2004. “The Capital Asset Pricing Model: Theory and Evidence.” Journal of Economic Perspectives 18(3, Summer): 25-46.
Fiume, Orest. 2007. “Lean Strategy and Accounting: The Roles of the CEO and CFO.” In Joe Stenzel, ed., Lean Accounting: Best Practices for Sustainable Integration . Hoboken, NJ: John Wiley & Sons, pp. 43, 46-47.
Forrester, Jay W. 1969. Urban Dynamics. Cambridge, MA: MIT Press, p. 107.
Frankfurter, George M., and Elton G. McGoun. 1996. Toward Finance with Meaning—The Methodology of Finance: What It Is and What It Can Be. Greenwich, CT: JAI Press.
Friedman, Milton. 1962. Capitalism and Freedom. Chicago: University of Chicago Press, p. 15.
Friedman, Milton. 1990. Personal correspondence (April 3, 1990).
Frigo, Mark L., and Joel Litman. 2008. Driven: Business Strategy, Human Actions, and the Creation of Wealth. Chicago: Strategy & Execution, LLC.
Gazzaniga, Michael S., Richard B. Ivry, and George R. Mangun. 2008. Cognitive Neuroscience: The Biology of the Mind, 3rd ed. New York: W.W. Norton.
George, Bill. 2003. Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value. San Francisco: Jossey-Bass.
George, Bill. 2007. True North: Discover Your Authentic Leadership. Hoboken, NJ: John Wiley & Sons.
Gerstner, Louis V. 2002. Who Says Elephants Can’t Dance?: Inside IBM’s Historic Turnaround. New York: HarperBusiness.
Gilbert, Clark G., and Clayton Christensen. 2005. “Anomaly-Seeking Research: Thirty Years of Development in Resource Allocation Theory. ” In Joseph L. Bower and Clark G. Gilbert, eds., From Resource Allocation to Strategy. Oxford: Oxford University Press.
Goldratt, Eliyahu M., and Jeff Cox. 2004. The Goal: A Process of Ongoing Improvement , 3rd ed. Great Barrington, MA: North River Press.
Graham, John R., Campbell R. Harvey, and Shivaram Rajgopal. 2006. “Value Destruction and Financial Reporting Decisions.” Financial Analysts Journal 62(6, November/December): 27-39.
Gup, Benton, and Rawley Thomas, eds. 2009. The Valuation Handbook. Hoboken, NJ: John Wiley & Sons.
Gwartney, James, and Robert Lawson. 2008. Economic Freedom of the World: 2008 Annual Report. Fraser Institute.
Hamm, Steve, and William C. Symonds. 2006. “Mistakes Made on the Road to Innovation. ” Business Week 27(November).
Hammond, Grant T. 2001. The Mind of War: John Boyd and American Security. Washington: Smithsonian Books.
Hand, J., and B. Lev, eds. 2003. Intangible Assets: Values, Measures, and Risks. Oxford: Oxford University Press.
Haugen, Robert A. 1999. The New Finance: The Case Against Efficient Markets, 2nd ed. Upper Saddle River, NJ: Prentice Hall, pp. 139 -140.
Hayek, F. A. 1945. “The Use of Knowledge in Society. ” American Economic Review 35(4, September): 519-530.
Healy, Paul M., Stewart C. Myers, and Christopher D. Howe. 2002. “R&D Accounting and the Tradeoff between Relevance and Objectivity. ” Journal of Accounting Research 40(3, June): 677-710.
Holmes, Kim R., Edwin J. Feulner, and Mary Anastia O ’Grady. 2008. 2008 Index of Economic Freedom. Heritage Foundation and Dow Jones & Company.
Hopp, Wallace J., and Mark L. Spearman. 2004. “To Pull or Not to Pull: What Is the Question?” Manufacturing & Service Operations Management 6(2, Spring): 133-148.
Huntzinger, Jim. 2007. “Limited Production Principles: Right -Sizing for Effective Lean Operations and Cost Management.” In Joe Stenzel, ed., Lean Accounting: Best Practices for Sustainable Integration. Hoboken, NJ: John Wiley & Sons.
Icahn, Carl C. 2009. “The Economy Needs Corporate Governance Reform.” Wall Street Journal (January 23, 2009).
Ittelson, William H., and Franklin P. Kilpatrick. 1951. “Experiments in Perception.” Scientific American (August): 50-55.
Iverson, Ken. 1998. Plain Talk: Lessons from a Business Maverick. Hoboken, NJ: John Wiley & Sons.
Jensen, Michael C., and Joe Fuller. 2003. “What’s a Director to Do?” In Best Practices: Ideas and Insights from the World ’s Foremost Business Thinkers. Cambridge, MA: Perseus Publishing.
Johnson, H. Thomas. 2007. “Lean Dilemma: Choose System Principles or Management Accounting Controls—Not Both.” In Joe Stenzel, ed., Lean Accounting: Best Practices for Sustainable Integration. Hoboken, NJ: John Wiley & Sons.
Johnson, H. Thomas, and Anders Bröms. 2000. Profit beyond Measure: Extraordinary Results through Attention to Work and People. New York: Free Press.
Johnson, Mark W., Clayton M. Christensen, and Henning Kagermann. 2008. “Reinventing Your Business Model.” Harvard Business Review (December): 51-59.
Kaufman, Stuart A. 2008. Reinventing the Sacred: A New View of Science, Reason and Religion. New York: Basic Books.
Koch, Charles G. 2007. The Science of Success: How Market-Based Management Built the World ’s Largest Private Company. Hoboken, NJ: John Wiley & Sons.
Larsen, Tom, and David Holland. 2008. “Beyond Earnings: A User’s Guide to Excess Return Models and the HOLT CFROI® Framework. ” In Jan Viebig, Thorsten Poddig, and Armin Varmaz, eds., Equity Valuation: Models from Leading Investment Banks. Hoboken, NJ: John Wiley & Sons.
Leeson, Peter T. 2009, July. “Two Cheers for Capitalism?” Working paper, Economics Department, George Mason University.
Leonard, Dorothy, and Walter Swap. 2004. “Deep Smarts. ” Harvard Business Review (September): 88-97.
Lewis, William W. 2004. The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability. Chicago: University of Chicago Press.
Linzmayer, Owen W. 2004. Apple Confidential 2.0: The Definitive History of the World’s Most Colorful Company. San Francisco: No Starch Press.
Loomis, Carol J. 2004. “The Sinking of Bethlehem Steel.” Fortune (April 5, 2004). Madden, Bartley J. 1991. “A Transactional Approach to Economic Research.” Journal of Socio-Economics 20(1): 57-71.
Madden, Bartley J. 1996. “The CFROI Life Cycle.” Journal of Investing (Summer).
Madden, Bartley J. 1998. “The CFROI Valuation Model.” Journal of Investing (Spring).
Madden, Bartley J. 1999. CFROI Valuation: A Total System Approach to Valuing the Firm. Butterworth-Heinemann.
Madden, Bartley J. 2005a. Maximizing Shareholder Value and the Greater Good. Naperville: Learning What Works, Inc.
Madden, Bartley J. 2005b. “A Clinical Trial for the Food and Drug Administration’s Clinical Trial Process.” Cancer, Biotherapy & Radiopharmaceuticals 20(6): 569-578.
Madden, Bartley J. 2007a. “For Better Corporate Governance, the Shareholder Value Review.” Journal of Applied Corporate Finance 19(1, Winter): 102-114.
Madden, Bartley J. 2007b. “Guidepost to Wealth Creation: Value -Relevant Track Records.” Journal of Applied Finance (Fall/Winter): 119-130.
Madden, Bartley J. 2008a. “Shareholder Value Reviews. ” Strategic Finance (September).
Madden, Bartley J. 2008b. “Systems Mindset.” Powerpoint presentation, LearningWhatWorks, Inc.
Madden, Bartley J. 2009a. “Applying a Systems Mindset to Stock Valuation. ” In Benton Gup and Rawley Thomas, eds., The Valuation Handbook: Valuation Techniques of Today’s Top Practitioners. Hoboken, NJ: John Wiley & Sons.
Madden, Bartley J. 2009b. “A Dual Track System to Give More-Rapid Access to New Drugs: Applying a Systems Mindset to the U.S. Food and Drug Administration (FDA).” Medical Hypotheses 72: 116-120.
Marken, Richard S. 2009. “You Say You Had a Revolution: Methodological Foundations of Closed-Loop Psychology.” Review of General Psychology, 13(2): 137-145.
Martin, Roger. 2004. “The Design of Business.” Rotman Management (Winter): 7-10.
Mill, John S. 2004. Principles of Political Economy. Amherst: Promethus Books.
Miller, Paul B. W., and Paul R. Bahnson. 2007. “The Top 10 Reasons to Fix the FASB’s Conceptual Framework.” Strategic Finance (July): 43-49.
Mokyr, Joel. 2002. The Gifts of Athena: Historical Origins of the Knowledge Economy . Princeton, NJ: Princeton University Press.
Moore, Stephen. 2008. “Washington Is the Problem.” Wall Street Journal (October 25-26, 2008): A11.
Ng, Chiew Leng, Viral Jhaveri, and Ron Graziano. 2006. “HOLT Taiwan: Accounting for Employee Stock Bonus.” Credit Suisse HOLT research report (December 5, 2006).
Nonaka, Ikujiro, Ryoko Toyama, and Toru Hirata. 2008. Managing Flow: A Process Theory of the Knowledge-Based Firm. New York: Palgrave Macmillan.
North, Douglass C. 1990. Institutions, Institutional Change and Economic Performance . Cambridge, UK: Cambridge University Press.
North, Douglass C. 2005. Understanding the Process of Economic Change. Princeton, NJ: Princeton University Press, p. 83.
Nulty, Peter. 1994. “Kodak Grabs for Growth Again.” Fortune (May 16, 1994).
Olson, James M., Neal J. Roese, and Mark P. Zanna. 1996. “Expectancies. ” In E. Tory Higgins and Arie W. Kruglanski, eds., Social Psychology: Handbook of Basic Principles. New York: Guildford Press.
Osinga, Frans P. B. 2007. Science, Strategy and War: The Strategic Theory of John Boyd. New York: Routledge.
Perkins, Tom. 2007. “The ‘Compliance’ Board.” Wall Street Journal (March 2): A11.
Pfeffer, Jeffrey, and Robert I. Sutton. 2000. The Knowing-Doing Gap: How Smart Companies Turn Knowledge into Action. Boston: Harvard Business School Press.
Phelps, Edmund S. 2008, May. “Dynamism and Inclusion: What? Why? How? ” Working paper, Center on Capitalism and Society, Columbia University.
Powers, William T. 1998. Making Sense of Behavior: The Meaning of Control. New Canaan, CT: Benchmark Publications.
Powers, William T. 2005. Behavior: The Control of Perception, 2nd ed. New Canaan: Benchmark Publications.
Powers, William T. 2008. Living Control Systems III: The Fact of Control. New Canaan, CT: Benchmark Publications.
Rajan, Raghuran G., and Luigi Zingales. 2003. Saving Capitalism from the Capitalists . New York: Crown Business.
Ribstein, Larry L., and Henry N. Butler. 2008. “Where Was SOX?” Forbes (December 27, 2008): 28.
Romer, Paul M. 1994. “The Origins of Endogenous Growth.” Journal of Economic Perspectives 8(1, Winter): 3-32.
Rose, Dwight C. 1928. Scientific Approach to Investment Management. New York: Harper & Brothers.
Rutledge, John. 2008. Lessons from a Road Warrior. Rutledge Research.
Samuels, Gary. 1996. “Follow the Cash: HOLT Value Associates Hated Wal -Mart in 1991; Its Unique Valuation System Tells HOLT to Love Wal -Mart Now.” Forbes (September 9, 1996).
Schein, Edgar H. 2003. DEC Is Dead Long Live DEC: The Lasting Legacy of Digital Equipment Corporation. San Francisco: Berrett-Koehler.
Schumpeter, Joseph A. 1950. Capitalism, Socialism and Democracy, 3rd ed. New York: Harper & Row.
Shimokawa, Koichi, and Takahiro Fujimoto, eds. 2009. The Birth of Lean: Conversations with Taiichi Ohno, Eiji Toyoda, and Other Figures Who Shaped Toyota Management. Cambridge, MA: Lean Enterprise Institute.
Shook, John. 2008. Managing to Learn: Using the A3 Management Process to Solve Problems, Gain Agreement, Mentor, and Lead. Cambridge, MA: Lean Enterprise Institute.
Sialm, Clemens. 2006, March. “Investment Taxes and Equity Returns. ” NBER working paper no. 12146.
Sowell, Thomas. 2004. Applied Economics: Thinking Beyond Stage One. New York: Basic Books.
Spear, Steven, and H. Kent Bowen. 1999. “Decoding the DNA of the Toyota Production System.” Harvard Business Review (September/October).
Stalk, George Jr., and Thomas M. Hout. 1990. Competing Against Time: How Time-Based Competition Is Reshaping Golbal Markets. New York: Free Press.
Starbuck, William H., and Moshe Farjoun. 2005. Organization at the Limit: Lessons from the Columbia Disaster. Malden, MA: Blackwell.
Sterman, John D. 2000. Business Dyanmics: Systems Thinking and Modeling for a Complex World. New York: McGraw-Hill Irwin.
Stern, Erik, and Mike Hutchinson. 2004. The Value Mindset: Returning to the First Principles of Capitalist Enterprise. Hoboken, NJ: John Wiley & Sons.
Stewart III, G. Bennett. 1994. “EVA: Fact and Fantasy. ” Journal of Applied Corporate Finance 7(2, Summer): 71-84.
Stigler, George. 1963. Capital and Rates of Return in Manufacturing Industries. Princeton, NJ: Princeton University Press, p. 54.
Strohmeyer, John. 1986. Crisis in Bethlehem: Big Steel’s Struggle to Survive. Bethesda, MD: Adler & Adler.
Thaler, Richard H. 2005. Advances in Behavioral Finance, Volume II, Princeton, NJ: Princeton University Press.
Thomas, Rawley, and Robert J. Atra. 2009. “The LifeCycle Returns Valuation System.” In Benton Gup and Rawley Thomas, eds. The Valuation Handbook. Hoboken, NJ: John Wiley & Sons.
Turner, Marcia Layton. 2003. Kmart’s Ten Deadly Sins: How Incompetence Tainted an American Icon. Hoboken, NJ: John Wiley & Sons.
Weick, Karl, and Kathleen Sutcliffe. 2001. Managing the Unexpected: Assuring High Performance in an Age of Complexity. San Francisco: Jossey-Bass.
Wiggins, Robern R., and Timothy W. Ruefli. 2005. “Schumpeter ’s Ghost: Is Hyper-competition Making the Best of Times Shorter? ” Strategic Management Journal 26(10); 887-911.
Womack, James P., and Daniel T. Jones. 2003. Lean Thinking: Banish Waste and Create Wealth in Your Corporation, 2nd ed. New York: Free Press.
Womack, James P., and Daniel T. Jones. 2005. Lean Solutions: How Companies and Customers Can Create Value and Wealth Together. New York: Free Press.
Womack, James P., Daniel T. Jones, and Daniel Ross. 1990. The Machine That Changed the World. New York: Rawson Macmillan.
Young, Jeffrey S., and William L. Simon. 2005. Icon: Steve Jobs—The Greatest Second Act in the History of Business. Hoboken, NJ: John Wiley & Sons.
Zaffron, Steve, and Dave Logan. 2009. The Three Laws of Performance: Rewriting the Future of Your Organization and Your Life. San Francisco: Jossey-Bass.