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Doing More With Mobile Networks: More Users, More Uses?, Knowledge@SMU 2010 Singapore Management University

Doing More With Mobile Networks: More Users, More Uses?, Knowledge@Smu

Knowledge@SMU

With so many mobile devices entering the market, from hand phones to laptops and now, iPads and Kindles, it is no wonder that more and more people are jumping on board the mobile bandwagon. However, are today's mobile networks designed to serve and connect a fast expanding number of users? It makes sense that when too many users enter a network, that network will become congested and connectivity will be compromised – or will it? According to SMU information systems assistant professor Kyriakos Mouratidis, "spatial optimisation" of existing connection points within a network may break new grounds in enhancing the ...


Managing Exchange Rates, Arindam Bandopadhyaya, Giorgio Gotti, Qian Lu 2010 University of Massachusetts Boston

Managing Exchange Rates, Arindam Bandopadhyaya, Giorgio Gotti, Qian Lu

Financial Services Forum Publications

The collapse of the fixed exchange rate system established under the Bretton Woods Agreement ushered in fluctuating exchange rate regimes. Although extreme volatility is managed by monetary authorities, fluctuations in exchange rates present unique challenges to the manager of a multinational corporation (MNC). This chapter reviews various types of exchange rate regimes and discusses the types of risk an MNC faces due to exchange rate fluctuations. Special attention is paid to how these risks are measured and ways in which they are hedged using available financial market instruments. The chapter also discusses exchange rate forecasting models that are frequently used.


With The Financial Crisis Over, Banks Are Hiring Again – But With A Different Job Description, Knowledge@SMU 2010 Singapore Management University

With The Financial Crisis Over, Banks Are Hiring Again – But With A Different Job Description, Knowledge@Smu

Knowledge@SMU

The massive blood-letting that was supposed to happen with the recent financial crisis went by, without much of hoopla – at least in this part of the world – and many financial institutions are hiring again. However, with new market reforms, human resource managers are mulling over job descriptions. The mindset to maximise profits may be important, but according to the experts, professionals in the industry will be expected to bring more onto the table – to be accountable to a wider circle of stakeholders and to demonstrate a different set of values.


Statewide Vacationers To Montana: Are They Geotravelers? , Dylan Boyle, Norma P. Nickerson 2010 The University of Montana-Missoula

Statewide Vacationers To Montana: Are They Geotravelers? , Dylan Boyle, Norma P. Nickerson

Institute for Tourism and Recreation Research Publications

Nonresident vacationers in Montana were surveyed concerning their geotraveler behaviors as well as what was important to them while traveling in Montana. The study found that vacationers do exhibit geotraveler tendencies and can be divided into strong and moderate geotravelers. Strong geotravelers represent 34 percent of vacationers, and they were the youngest, most educated, and most affluent group.


February 2010, Inland Empire Business Journal 2010 California State University, San Bernardino

February 2010, Inland Empire Business Journal

Inland Empire Business Journal

Commentary: Securing Future Leaders for Economic Growth “The future business leaders for our community should be a product of the community. In order to build a foundation for success in the business realm, steps begin at the high school and university level,” states Jennifer Torrez.

SBA Lending Increases Sharply From October Thru December 2009 SBA loan activity in Orange, Riverside and San Bernardino counties continues to make a strong comeback, with both the number of loans and their dollar amounts showing substantial increases in the first quarter of fiscal year 2010 versus the same period in 2009. Some good news ...


Improving Hospitality Industry Sales: Twenty-Five Years Of Revenue Management, Chris K. Anderson, Xiaoqing Xie 2010 Cornell University

Improving Hospitality Industry Sales: Twenty-Five Years Of Revenue Management, Chris K. Anderson, Xiaoqing Xie

Articles and Chapters

From its origin in the airline industry nearly sixty years ago, revenue management has expanded to other hospitality industries, notably lodging and rental cars. More recently, “nontraditional” service industries, such as restaurants, golf courses, and casinos, have begun to adapt and apply revenue management principles. The first revenue-management–related article appeared in the Cornell Quarterly in 1988—an article that introduced revenue management concepts to the hotel industry. Subsequently, the Quarterly has published numerous revenue management studies, covering hotels, restaurants, golf courses, and function space. In addition, CQ has examined distribution and pricing issues. This review of twenty-plus years of ...


How Employment Law Became A Major Issue For Hotel Operators, David Sherwyn 2010 Cornell University

How Employment Law Became A Major Issue For Hotel Operators, David Sherwyn

Articles and Chapters

In the wake of new statutes and case law, issues relating to discrimination have expanded in the past twenty-five years to absorb a substantial amount of management time and attention. The basic law of discrimination is the Civil Rights Act of 1964, which created specific protect classes. That law was revised and expanded in 1991, and other causes of discrimination were added by such laws as the Americans with Disabilities Act and the Age Discrimination in Employment Act. Supreme Court decisions have clarified and expanded certain aspects of the laws, notably the definition of sexual harassment. Perhaps the fastest-growing complaint ...


The Arbitration Of Employment Disputes In The Securities Industry: A Study Of Finra Awards, 1986-2008, David B. Lipsky, Ronald L. Seeber, J. Ryan Lamare 2010 Cornell University

The Arbitration Of Employment Disputes In The Securities Industry: A Study Of Finra Awards, 1986-2008, David B. Lipsky, Ronald L. Seeber, J. Ryan Lamare

Articles and Chapters

[Excerpt] This article reports on the results of our recent study of 3,200 arbitration awards issued in employment cases administered under the auspices of FINRA, its predecessor the National Association of Securities Dealers (NASD), and the New York Stock Exchange (NYSE). It responds to Colvin’s call for more empirical research while providing some data on the debate over the fairness of mandatory employment arbitration agreements in the securities industry.

After disclosing the limitations of our study and presenting our findings with regard to the FINRA cases, we consider how these findings bear on the debate about mandatory arbitration ...


Online Occupational Education In Community Colleges: Prevalence And Contextual Factors, Rod P. Githens, F. Crawford, T. M. Sauer 2010 University of the Pacific

Online Occupational Education In Community Colleges: Prevalence And Contextual Factors, Rod P. Githens, F. Crawford, T. M. Sauer

Benerd School of Education Faculty Books and Book Chapters

This study examined the current state of online occupational programs in community colleges and explored issues related to institutional, economic, and social indicators that influence (a) the offering of online programs and (b) the programmatic connection to workforce development needs. This project is the first national study that categorizes and inventories specific types of online occupational programs in community colleges. The study included a national random sample of 321 institutions in the United States. Data were collected through institutional websites, statewide websites, follow-up emails, and phone inquiries to institutions. The following sections summarize key findings.


The Duration Of Foreclosures In The Subprime Mortgage Market: A Competing Risks Model With Mixing, Anthony Pennington-Cross 2010 Marquette University

The Duration Of Foreclosures In The Subprime Mortgage Market: A Competing Risks Model With Mixing, Anthony Pennington-Cross

Finance Faculty Research and Publications

This paper examines what happens to mortgages in the subprime mortgage market once foreclosure proceeding are initiated. A multinomial logit model that allows for the interdependence of the possible outcomes or risks (cure, partial cure, paid off, and real estate owned) through the correlation of associated unobserved heterogeneities is estimated. The results show that the duration of foreclosures is impacted by many factors including contemporaneous housing market conditions, the prior performance of the loan (prior delinquency), and the state-level legal environment.


Upheaval In The Boardroom: Outside Director Public Resignations, Motivations, And Consequences, Michael Dewally, Sarah Peck 2010 Marquette University

Upheaval In The Boardroom: Outside Director Public Resignations, Motivations, And Consequences, Michael Dewally, Sarah Peck

Finance Faculty Research and Publications

We investigate the motives and circumstances surrounding outside directors' decisions to publicly announce their board resignations. Directors who leave "quietly" are in their mid-sixties and professional directors, i.e., retirees, who are retiring entirely from professional life. Directors who announce their resignation are in their mid-fifties and active professionals. Half the time they say they are leaving because they are "busy." These directors leave from firms with some weakness in their performance, but with no overt manifestations of cronyism such as excessive compensation of either the CEO or directors. The other half of the time directors leave while publicly criticizing ...


Institutions And The Internationalization Of Us Venture Capital Firms, Işın Güler, Mauro F. Guillén 2010 University of Pennsylvania

Institutions And The Internationalization Of Us Venture Capital Firms, Işın Güler, Mauro F. Guillén

Management Papers

In recent years, venture capital firms have increasingly turned to foreign countries in search of investment opportunities. The cross-border expansion of venture capital firms presents an interesting case of internationalization, because they are at variance with both conventional portfolio and direct investment models. Given the specific nature of venture capital investing, a new theoretical perspective is needed to understand foreign venture capital investments. This paper contributes to international business research by examining the features of the institutional environment that influence venture capital firms’ foreign market entry decisions, and how their effect changes as firms acquire experience. We report results on ...


When Difference Hurts: Technology Space Activity And Failure, Anindya Ghosh 2010 University of Pennsylvania

When Difference Hurts: Technology Space Activity And Failure, Anindya Ghosh

Management Papers

This paper investigates failure of startups due to their accumulation of intellectual property rights (IPR) in the context of the wireless telecommunication industry, here framed as their technology space - a space that we constructed through shared technology. Obtaining intellectual property rights forms an important signal for startup viability but only to a limited degree, compelling us to posit a U shape relationship between failure rate and IPR flow. The location of startups in the technology space, and the associated signals that come with that location presents powerful information regarding their failure rates. Disclosing intellectual properties erodes the benefits of secrecy ...


Should Auld Acquaintance Be Forgot? The Reverse Transfer Of Knowledge Through Mobility Ties, Rafael A. Corredoira, Lori Rosenkopf 2010 University of Pennsylvania

Should Auld Acquaintance Be Forgot? The Reverse Transfer Of Knowledge Through Mobility Ties, Rafael A. Corredoira, Lori Rosenkopf

Management Papers

While mobility's effect on knowledge transfer to firms that hire mobile employees is well demonstrated, we choose to explore mobility's effect on knowledge transfer to firms that lose these employees. Focusing on this ‘outbound mobility’ allows us to isolate effects of social mechanisms associated with mobility. We find that semiconductor firms losing employees are more likely to subsequently cite patents of firms hiring these employees, suggesting that mobility‐driven knowledge flows are bidirectional. In addition, the outbound mobility effect is pronounced when mobility occurs between geographically distant firms, but attenuates for geographically proximate firms since other redundant knowledge ...


Pension Plan Funding Effect On Shareholder Equity, Larisa Parchomovsky 2010 Lubin School of Business, Pace University

Pension Plan Funding Effect On Shareholder Equity, Larisa Parchomovsky

Honors College Theses

A pension plan often tends to be one of the company’s biggest liabilities. Before 2008, pension plans were not directly included in the financial statements, but could only be found in the footnote disclosures. Such accounting convention essentially made pensions a type of off-balance sheet financing resulting in a misrepresentation of valuation ratios and earnings due to the exclusion of such a significant liability. The objective of this research is to determine whether the funded status of a pension plan will significantly affect a company’s shareholder equity. As part of this research, I analyzed 4 years (2001-2004) of ...


Center For Real Estate Quarterly, Volume 4, Number 1, Portland State University. Center for Real Estate 2010 Portland State University

Center For Real Estate Quarterly, Volume 4, Number 1, Portland State University. Center For Real Estate

Center for Real Estate Quarterly

Table of Contents:
--Editor's Urban Development Journal "A Decade of Development Needs" by Will Macht (pg 3-8)
--"Portland's Real Estate Market: Public Policy" by Gerard Mildner (pg 9-16)
--"Condominium Financing: FHA Rule Change Controversy" by Cliff Hockley (pg 17-21)
--"Hayden Island: Strategic Resources for Sustainable Future?" by Shadrach Pilip-Florea (pg 22-40)
--"Office Market Analysis" by Kyle Smith (pg 41-50)
--"Industrial Market Analysis" by Kyle Smith (pg 51-54)
--"Multifamily Market analysis" by Scott Aster (pg 55-61)
--"Housing Market analysis" by Scott Aster (pg 55-61)


Pleasurable Surprises: A Cross-Cultural Study Of Consumer Responses To Unexpected Incentives, Ana Valenzuela, Barbara Mellers, Judi Strebel 2010 University of Pennsylvania

Pleasurable Surprises: A Cross-Cultural Study Of Consumer Responses To Unexpected Incentives, Ana Valenzuela, Barbara Mellers, Judi Strebel

Marketing Papers

Consumer reactions to a surprising event are generally stronger than those to an identical but unexpected event. But the experience of surprise differs across cultures. In this article, we examine differences between East Asian and Western emotional reactions to unexpected incentives. When given an unexpected gift, East Asians report less surprise and less pleasure than Westerners. East Asians’ dampened pleasure is explained by their motivation to maintain balance and emotional control, which leads to a reappraisal of perceived likelihood. However, if the unexpected gift is attributed to good luck, which is a desirable form of the unexpected, East Asians experience ...


2010 February, Office of Communications & Marketing, Morehead State University. 2010 Morehead State University

2010 February, Office Of Communications & Marketing, Morehead State University.

Morehead State Press Release Archives, 1961 to the Present

Press releases for February of 2010.


Cases In Innovative Practices In Hospitality And Related Services: Set 2, Sheryl E. Kimes Ph.D., Cathy A. Enz Ph.D., Judy Siguaw D.B.A., Rohit Verma Ph.D., Kate Walsh Ph.D. 2010 Cornell University

Cases In Innovative Practices In Hospitality And Related Services: Set 2, Sheryl E. Kimes Ph.D., Cathy A. Enz Ph.D., Judy Siguaw D.B.A., Rohit Verma Ph.D., Kate Walsh Ph.D.

Center for Hospitality Research Publications

The second set of ten cases of hospitality innovators presents a diverse group of concepts and companies, all of which have used novel thinking to meet marketplace needs, regardless of whether those needs are newly identified or longstanding. Although most of the innovations have been made possible by relatively new technology, all of them rest on a core concept of focusing on customers’ desires. Whether the innovations were developed by extending existing concepts or through discontinuous inspiration, they have been generally accepted by customers. The implications and lessons from these ten cases, Brewerkz, ComfortDelgro Taxi, Dinnerbroker.com, Iggy’s, Jumbo ...


An Analysis Of Extreme Price Shocks And Illiquidity Among Trend Followers, Bernard LEE, Shih-Fen CHENG, Annie KOH 2010 Singapore Management University

An Analysis Of Extreme Price Shocks And Illiquidity Among Trend Followers, Bernard Lee, Shih-Fen Cheng, Annie Koh

Research Collection School Of Information Systems

We construct an agent-based model to study the interplay between extreme price shocks and illiquidity in the presence of systematic traders known as trend followers. The agent-based approach is particularly attractive in modeling commodity markets because the approach allows for the explicit modeling of production, capacities, and storage constraints. Our study begins by using the price stream from a market simulation involving human participants and studies the behavior of various trend-following strategies, assuming initially that their participation will not impact the market. We notice an incremental deterioration in strategy performance as and when strategies deviate further and further from the ...


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