Learn about underlying profit, a key metric many companies use to illustrate true profitability by excluding one-time charges, with examples and pros and cons.

The author establishes a property of supply for a competitive firm: Assuming differentiability of the production frontier, linearly independent price vectors have disjoint image sets under the supply ...

Discussion about the relationship between business and society – and more specifically corporate purpose – is moving into the mainstream. In some quarters, there is still a standoff between the ...