Business Commons^™

Capturing Value In Emerging Markets: A Real Options Perspective On Resilience And Risk, Alexander Castillo

CMC Senior Theses

This paper examines the evaluation of investment opportunities in emerging markets (EMs) through real options analysis, against the backdrop of their unique risk profiles and the recent trend of EMs exhibiting resilience in economic performance. While EMs are associated with high growth rates and infrastructure gaps, they have shown adaptability, particularly in monetary policy responses to inflation. This paper explores the sensitivity of net present value (NPV) and real options (RO) to changes in the capital asset pricing model, adapting the yield spread to capture default risk and local risk-free rates. Utilizing oil benchmark price data, the paper constructs a …

In Search Of Unicorns: An Analysis Of Japan's Startup Ecosystem, Kaito Komoriya

CMC Senior Theses

While Japan previously dominated global consumer markets in innovative electronic products, the economy has failed to live up to this performance since the burst of the asset price bubble in 1992 and the subsequent lost decades. In the modern economy, startup companies have become synonymous with innovation. Most of these companies have emerged from Silicon Valley, as well as other startup hubs around the globe. However, critics have criticized Japan for the limited number of notable startup companies from the country.

My thesis seeks to answer the two following questions: First, what is the current state of Japan’s startup ecosystem? …

Island Invasion: The Silent Crisis In Hawaii, Sophia Janssen

Pomona Senior Theses

Keeping out invasive species may, upon first review, seem like a trivial environmental cry from ecologists and deep environmentalists; a belated wish to return to an undeveloped world where nature was pristine. However invasive species create problems that impact all of us and can have far more severe consequences than changing a stunning landscape. These problems are heightened in islands like Hawaii, where the fragile ecosystems have developed over centuries of evolution and adaptation. The introduction of a disease-carrying mosquito can put the people of Hawaii at risk to many vector-born illnesses and create an epidemic, taking human life. The …

Social Sustainability: The Role Of Ecotourism In Regenerating Cultural And Environmental Histories In Rio De Janeiro, Nia Mcallister

Pomona Senior Theses

Ecotourism is a rapidly growing global export industry that aims to uphold the ethics of responsible tourism by engaging with local communities and encouraging environmentally conscious travel. With existing critiques of the greenwashing of ecotourism and the tendency for tourism agencies to exploit host communities, I advocate for participatory community-based models of ecotourism. This thesis explores both the material and conceptual benefits of community-based ecotourism through the critical examination of community-based ecotourism projects in Rio de Janeiro Brazil. Focusing on the implementation of ecotourism in of some of Rio de Janeiro’s peripheral communities, areas that are impacted by social and …

The Gender Gap In Immigrant Entrepreneurship: The Role Of Culture And Home Country Self-Employment, Amy Ingram

CMC Senior Theses

This paper investigates the effect of culture and home country self-employment rates on immigrant self-employment in the United States, post-migration. This study analyzes the effects for both men and women, focusing on the gender gap in self-employment. The empirical results show that home country effects have a small impact on self-employment, but most of this relationship is unexplained. Because the explanatory power of home country effects is so low, it is unlikely that culture significantly influences self-employment. I find that, contrary to my hypotheses, women from countries with high female self-employment rates are likely to see a larger decrease in …

Understanding Immigrant Behavior In Denmark: The Immigrant Enclave And Employment Rate Paradox, Andrew Christensen

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.

Mexican-Americans In Los Angeles: Strengthening Their Ethnic Identity Through Chivas Usa, Stephanie Goldberger

CMC Senior Theses

A large Mexican-American population already exists in Los Angeles and, with each generation, it continues to rise. This Mexican-American community has maintained its connection to its heritage by playing and watching soccer, Mexico’s top watched sport. In this thesis, I analyze how Major League Soccer's Chivas USA serves as an outlet through which many Mexicans in Los Angeles have developed their ethnic identities. Since the early twentieth century, Mexicans in Los Angeles have created separate residential communities and sports organizations to strengthen their connections with one another.

To appeal to Mexican-Americans, Chivas USA has branded itself closely to its sister …

A Theoretical Analysis Of The Future Of Nato, Kaj W. E. Pedersen

CMC Senior Theses

My argument about NATO’s future is a combination of both neo-realist and constructivist thought, an adaptation of both neo-realist power struggles and constructivist institutional structures. Due to a lack of a significant threat, NATO will collapse as a military alliance. However, due to the longevity of the Trans-Atlantic Relationship, the similarities in the governmental structure of its members and the history of peaceful interactions between the allies on both sides of the Atlantic, the current “security community” will remain despite the collapse of the military aspects of the Alliance. NATO has been held together through organizational inertia and shifting the …