What is 'James P. Mooney' A former chairman and CEO of OM Group. Born in 1947 in Ohio, Mooney began his career with his father's company, Mooney Chemicals, in 1971, where he advanced to CEO and president,...
DefinitionJan Tinbergen was an important Dutch economist. He was awarded the first Nobel Memorial Prize in Economic Sciences in 1969, which he shared with Ragnar Frisch for having developed and applied dynamic models for the analysis of economic processes....
Joint and Several Liability in Business
In most common law legal systems, two or more people can be jointly liable for a single liability. Joint liability can include negligence, fraud, and breach of contract. However, in some states, such as...
DefinitionJohn Maynard Keynes, 1st Baron Keynes, was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business...
DefinitionJohn Clifton "Jack" Bogle is an American investor, business magnate, and philanthropist. He is the founder and retired chief executive of The Vanguard Group. John Bogle What is 'John Bogle' The founder of The Vanguard Group, and...
What is 'Johannesburg Interbank Agreed Rate - JIBAR' The money market rate that is used by South Africa. The rate comes in one-month, three-month, six-month and 12-month discount terms. Explaining 'Johannesburg Interbank Agreed Rate -...
What is the January Effect and does it exist
The January effect is a theory that posits that stock prices tend to rise at the beginning of the year. The theory is based on the idea that investors sell off...
Definition
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares. Shareholders are able to transfer their shares...
What is 'Jingle Mail' A situation where a homeowner mails his or her house keys to a mortgage lender due to an inability to meet mortgage payment obligations and a lack of equity in the property. If...
DefinitionJerry Allen Hausman is the John and Jennie S. MacDonald Professor of Economics at the Massachusetts Institute of Technology and a notable econometrician. He has published numerous influential papers in microeconometrics. Hausman is the recipient of several prestigious awards...