Bits, bytes, and balance sheets the new economic rules of engagement in a wireless world - Wriston, Walter B. (Hoover Institution Press, Stanford University, 2007)
Includes bibliographical references (p. [141]-147) and index
"The Internet has changed everything. It is altering the way institutions, both public and private, are managed, and the way individuals react to one another, their workplace, and their government. From an economic and business perspective, the race to win is between those who "get it" and those who don't. In Bits, Bytes, and Balance Sheets, Walter Wriston explores the consequences of the changes produced by the new economy of the Internet, defining the new rules and examining some of the promising initiatives under way to create a system of measuring and valuing assets that reflects our new economic realities"--Website introduction
Unintended Consequences -- The Creation of Wealth -- Bits, Bytes, Power, and Diplomacy -- New Rules: Different in Kind, Not Degree -- The Whiskey Ain't Working Anymore -- What Gets Measured, Gets Done -- The Great Disconnect: Balance Sheets Versus Market Value -- Politically Correct Versus Accurate Earnings -- Global Accounting for a Global Market -- Other People's Money