Format du dépôt |
Notice |
Type de dépôt |
Article dans une revue |
Titre |
en
Setting the habit of capitalization: the pedagogy of earning power at the Harvard Business School, 1920-1940
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Résumé |
en
The quandaries of business valuation have marked the pedagogy of business administration since early attempts at institutionalizing the managerial discipline. It is however now commonly admitted, at least in legitimate financial and entrepreneurial circles, that the value of a business (that is, the monetary assessment of a functioning enterprise established in a competitive environment) resides primarily in its earning power or, in other words, that what a business is worth equals its capacity to generate a stream of revenues for the investor or investors that provide it with funding. How did this idea take shape and how did it permeate the business mind? An examination of early pedagogical materials at the Harvard Business School (an influential reference for the socialization of the businessperson) and, in particular, of the vagaries of the idea of capitalization and its exercising in the classroom provides a fine occasion to advance understanding of the meaning of such ideals of business and business value, and of their institutionalization. This empirical study can, in turn, be employed in order to discuss and refine critically our interpretation of what a convention of economic valuation is and how it operates.
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Auteur(s)
|
1
CSI i3 -
Centre de Sociologie de l'Innovation i3
( 445513 )
- 60 Boulevard Saint Michel 75006 PARIS
- France
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Mines Paris - PSL (École nationale supérieure des mines de Paris) ( 301492 )
;
-
Université Paris Sciences et Lettres ( 564132 )
;
-
Institut interdisciplinaire de l’innovation ( 1159016 )
;
-
Centre National de la Recherche Scientifique UMR9217 ( 441569 )
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Langue du document |
Anglais
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Date de production/écriture |
2016
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Nom de la revue |
Historical Social Research
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Vulgarisation |
Non
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Comité de lecture |
Oui
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Audience |
Internationale
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Date de publication |
2016
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Date de publication électronique |
2016
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Volume |
41
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Numéro |
2
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Page/Identifiant |
196-217
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URL éditeur |
http://www.gesis.org/?id=10976
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Domaine(s) |
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Sciences de l'Homme et Société/Sociologie
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Sciences de l'Homme et Société/Anthropologie sociale et ethnologie
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Sciences de l'Homme et Société/Economies et finances
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Sciences de l'Homme et Société/Histoire, Philosophie et Sociologie des sciences
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Sciences de l'Homme et Société/Gestion et management
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Mots-clés (JEL) |
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B - History of Economic Thought, Methodology, and Heterodox Approaches/B.B2 - History of Economic Thought since 1925/B.B2.B26 - Financial Economics
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G - Financial Economics/G.G3 - Corporate Finance and Governance/G.G3.G31 - Capital Budgeting • Fixed Investment and Inventory Studies • Capacity
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G - Financial Economics/G.G3 - Corporate Finance and Governance/G.G3.G32 - Financing Policy • Financial Risk and Risk Management • Capital and Ownership Structure • Value of Firms • Goodwill
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M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M1 - Business Administration/M.M1.M10 - General
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N - Economic History/N.N0 - General/N.N0.N00 - General
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N - Economic History/N.N2 - Financial Markets and Institutions/N.N2.N22 - U.S. • Canada: 1913–
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Z - Other Special Topics
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Z - Other Special Topics/Z.Z1 - Cultural Economics • Economic Sociology • Economic Anthropology/Z.Z1.Z13 - Economic Sociology • Economic Anthropology • Language • Social and Economic Stratification
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Projet(s) Européen(s) |
-
PERFORMABUSINESS
- Performativity in Business Education, Management Consulting and Entrepreneurial Finance
Numéro CORDIS :
263529
|
Mots-clés |
en
Economic conventions, economics of convention, business valuation, business education, capitalization on earnings, discount rate, case method, Harvard Business School, Arthur Stone Dewing, Cecil Eaton Fraser, John M. Keynes, C. Rufus Rorem
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DOI |
10.12759/hsr.41.2016.2.196-217 |