Friday, November 13, 2015

Conflict Minerals And Pay Ratio: SEC Rules Of Unintended Consequences

In a highly influential 1936 essay, “The Unanticipated Consequences of Purposive Social Action,” sociologist Robert K. Merton explained that there were five sources of unintended consequences. One is the “imperious immediacy of interest:” someone wants the intended consequences of an action so badly that they consciously ignore any unintended effects. [...]

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