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2017

Claremont Colleges

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Articles 1 - 19 of 19

Full-Text Articles in Business

3d Printing – An Insider’S Perspective, Siddharth Sah Dec 2017

3d Printing – An Insider’S Perspective, Siddharth Sah

The STEAM Journal

The 3D printing market globally is still at its infancy, - or some might argue that there isn’t really a market yet. The knowledge of 3D printing design is still largely limited to engineering design – not product design. At MakeWhale, we are constantly pushing the boundaries of the application of 3D printing technology to consumer products resulting in a beautiful mix of technology and art.


Getting Girls In Stem & The Dangers Of Forgetting That Science Is Art - Someone Made It Up, Heidi Therese Dangelmaier, Camilla Hermann Dec 2017

Getting Girls In Stem & The Dangers Of Forgetting That Science Is Art - Someone Made It Up, Heidi Therese Dangelmaier, Camilla Hermann

The STEAM Journal

Encouraging girls to participate in STEM is a hot topic that has captured the concern of the world’s academic, business and scientific communities. The intention is noble, however the strategies being deployed are reinforcing the very bias society seeks to eliminate. If we wish to advance our evolutionary journey as a species, a shift from “feeling sorry for disadvantaged girls” to “fearing STEM without girls’ reformation” is imperative. This piece discusses the rise to an initiative to redesign culture: Girlapproved.


Education's Loss Of The Public: An Archival Exploration Of American Public Schools' Diminishing Social Returns And The Emerging Utility Of Social Entrepreneurship, Tia Ha-Quyen Ho Jan 2017

Education's Loss Of The Public: An Archival Exploration Of American Public Schools' Diminishing Social Returns And The Emerging Utility Of Social Entrepreneurship, Tia Ha-Quyen Ho

Scripps Senior Theses

The literature presented in the following pages explores the shortcomings of the American public education system in the context of creating long-term, sustainable social change. Using financial illiteracy and its relationship to low quality of life as an entry point, the first section exposes public schools’ shortcomings as agents of social change by delving into the hardships endured by the original public school promoters of the 19th century, the pitfalls of President George W. Bush’s 2001 enactment of No Child Left Behind, and the shortcomings of the financial literacy programming that found traction in urban schools following the subprime …


Technological Disruption In Entertainment: Navigating The Film Industry's Dynamic Relationship To The Consumer, Samantha Mea Simon Jan 2017

Technological Disruption In Entertainment: Navigating The Film Industry's Dynamic Relationship To The Consumer, Samantha Mea Simon

Scripps Senior Theses

The following thesis acts as a critical cultural progression report surrounding the current technological disruption in the entertainment industry and its impact on consumers. This begins with a study of the history starting in 1910 and covers the urbanization of America during the Industrial Revolution, the developing fan experience, a history of consumer demands in relation to oligopolistic principles and the blockbuster method, the invention and influence of the television, and the current effect of technological advancement in the entertainment industry. Following this historical overview, four chapters will study different methods of analysis covering the intricacies of the current technological …


Management In Major League Baseball: How General Managers Succeed And Fail Using Statistics To Build Winning Franchises, Sam Baughman Jan 2017

Management In Major League Baseball: How General Managers Succeed And Fail Using Statistics To Build Winning Franchises, Sam Baughman

CMC Senior Theses

Baseball fans discuss and remember the heroics of Major League Baseball players and managers. However, team executives operate away from the crowds, in the front office to draft, trade for, and sign talented players and managers to construct successful teams. The intent of this thesis is to first rank and analyze these general managers and presidents of baseball operations through finance and baseball statistics. Then, I will examine team statistics to determine what statistics correlate to winning. Two of the general managers, Theo Epstein and Dan O’Dowd, will then be examined more thoroughly to determine how their decisions impacted their …


Revenue Incentives And Referee Propensity To Make Foul Calls In The Nba Finals, Daniel Fallon-Cyr Jan 2017

Revenue Incentives And Referee Propensity To Make Foul Calls In The Nba Finals, Daniel Fallon-Cyr

CMC Senior Theses

In this study I examine foul calls by NBA referees alongside the difference in aggressiveness of twelve NBA basketball teams as they compete for the Championship Title. I aim to identify referee biases that increase the likelihood of the NBA Finals ending in a later game due to league revenue incentives. My data consists of 91 individual NBA Finals games played between the 2001 and 2016 NBA Finals. After controlling for changes in play as well as the difference in aggressiveness, I find that NBA referee’s foul calls are more dependent on a call on the opposing team in situations …


The Corporate Exploitation Of Fundamental Rights: A Nation Of Arbitration, Melanie A. Carlson Jan 2017

The Corporate Exploitation Of Fundamental Rights: A Nation Of Arbitration, Melanie A. Carlson

CMC Senior Theses

This thesis is an in-depth discussion and analysis of the alternative dispute resolution process of arbitration in the United States. It begins by providing a basic explanatory overview of arbitration clauses and the arbitration process. It then goes on to highlight the various benefits over traditional court litigation that arbitration has to offer. From there, the paper presents a detailed discussion of the many shortcomings of the arbitration process. It identifies the overall lack of procedural fairness that exists in arbitration today due to the fact that arbitration currently tends to favor businesses over consumers and workers during dispute settlements. …


The Gender Gap In Immigrant Entrepreneurship: The Role Of Culture And Home Country Self-Employment, Amy Ingram Jan 2017

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 …


Stock Returns And Industrial Production: A Sectoral Analysis, Griffin Lazarus Jan 2017

Stock Returns And Industrial Production: A Sectoral Analysis, Griffin Lazarus

CMC Senior Theses

This paper analyzes the relationship between stock returns and future industrial production growth rates from 1926-1940. It replicates the work of Fama (1990) and Schwert (1990) with the intent to see if the relationship continues to hold using sector data. Furthermore, this paper focuses on the 1926-1940 sample period to explore how the relationship is affected by the stock market crash of 1929. It is expected that the relation will be weak for the industry sectors experiencing strong growth prior to the crash. The results indicate that the relationship between stock returns and future industrial production growth rates persists on …


Australian Real Estate Stock Reactions To Firb Regulation Changes, Henry Wei Jan 2017

Australian Real Estate Stock Reactions To Firb Regulation Changes, Henry Wei

CMC Senior Theses

This study analyzes the share price reactions to real estate development and building/construction materials corporations in relation to FIRB rule changes. It appears companies as a whole were indifferent to the rule changes; however individual securities returns were wildly different. These findings suggest that the FIRB rule changes had a mixed effect on different corporations possibly based on their exposure to the Australian real estate market.


The Risk-Return Characteristics And Diversification Benefits Of Fine Wine Investment, Tania Salomon Jan 2017

The Risk-Return Characteristics And Diversification Benefits Of Fine Wine Investment, Tania Salomon

CMC Senior Theses

This thesis evaluates the risk-return characteristics and diversification benefits of fine wine investment. It compares the historical performance of wine to that of equity, fixed income, real estate, and commodities. I calculate the correlation, volatility, and expected returns of these assets to examine whether adding wine to a portfolio increases its risk-adjusted return. I do this through the Markowitz portfolio optimization technique. The findings suggest that wine has a low correlation with traditional assets, providing diversification benefits. My results also show that adding wine to a portfolio increases its risk-adjusted return only when there is an allocation constraint of 0 …


The Fear Factor: Determinants Of Entrepreneurial Fear Of Failure, Pema Donyo Jan 2017

The Fear Factor: Determinants Of Entrepreneurial Fear Of Failure, Pema Donyo

CMC Senior Theses

This thesis aims to investigate determinants of fear of failure in entrepreneurial activity that could inhibit starting a business. The study uses cross-sectional, pooled OLS, and panel regressions. The dependent variable is fear of failure regarding entrepreneurship, measured with the Global Entrepreneurship Monitor (GEM) survey question of whether fear of failure would prevent the responder from starting a firm. The unit of analysis is at country level. I categorize determinants into demographic, property rights, and procedural variables. A population of higher working age ratio (measured as the population aged 15-64 divided by the population aged 65 and over) correlates with …


Height, Weight, And Durability In Major League Baseball, Joshua Yeager Jan 2017

Height, Weight, And Durability In Major League Baseball, Joshua Yeager

CMC Senior Theses

Using data from the 2000-2016 Major League Baseball seasons, this paper looks at the determinants of durability amongst baseball athletes, durability is measured in games played for batters and innings pitched for pitchers, with a particular focus on height and weight. This paper finds evidence that lighter, shorter batters play significantly more games than taller, heavier batters. Additionally, amongst pitchers, there is only circumstantial evidence that height and weight are important determining factors of player durability. Finally, I find that starting pitchers increase the likelihood of becoming injured in the regular season by 10.3% and 21.8% if their hits per …


From Yosemite To A Global Market: How Patagonia, Inc. Has Created An Environmentally Sustainable And Socially Equitable Model Of Supply-Chain Management, Mary-Clare Bosco Jan 2017

From Yosemite To A Global Market: How Patagonia, Inc. Has Created An Environmentally Sustainable And Socially Equitable Model Of Supply-Chain Management, Mary-Clare Bosco

Pomona Senior Theses

There is an urgent pressure of the time (2016) to re-evaluate our patterns of consumption to adapt to changing climates and reduce waste and pollution. Because an immediate restructuring of global production strategies is not likely any time soon, industrial innovators are finding new ways of redesigning supply-chain management in efforts to move towards environmentally sustainable business in which all manufacturing practices are transparent. Patagonia, Inc. is a testament to the often-debated question of economic value in green business practices, and this thesis acts as an outline as to how they arrived at such an impressive presence in the business …


Should I Stay Or Should I Go? How Land Use Regulation Impacts Housing Choice, Parker Mallchok Jan 2017

Should I Stay Or Should I Go? How Land Use Regulation Impacts Housing Choice, Parker Mallchok

CMC Senior Theses

Ideally, land use policies correct for negative externalities. However, the barriers they impose on individuals and communities have serious implications. Existing studies on this topic focus on singular, specific areas because land regulation is determined at the local level and varies extensively across the nation. Furthermore, current housing literature focuses on the “norm” of single family housing. This ignores the changing attitudes toward different types of dwellings. My study examines local regulatory environments across the nation by using Gyourko et al. 2008’s Wharton Residential Land Use Regulation Index, which develops a comparative scale for the otherwise impossibly varied regulatory environments. …


Social Sustainability: The Role Of Ecotourism In Regenerating Cultural And Environmental Histories In Rio De Janeiro, Nia Mcallister Jan 2017

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 …


A Sectoral Analysis Of The 1929 Stock Market Crash, Paul Edward Reynolds Iii Jan 2017

A Sectoral Analysis Of The 1929 Stock Market Crash, Paul Edward Reynolds Iii

CMC Senior Theses

The stock market crash of 1929 stands today as the largest decline in market value in the history of the United States. Consequently, the event destroyed the wealth of thousands of American families and institutions. On October 28th and 29th, the United States stock market fell 11.3 percent and 12.4 percent respectively, marking the beginning of a down market that lasted over three years, the time period known today as the Great Depression. This paper empirically analyzes the effects felt by each individual industry sector in the crash of 1929, identifying gross and abnormal returns over three major days in …


Short-Termism And Corporate Myopia: The Values Assigned By The Market To Short-Term And Long-Term Firms, Justin Alexander Jan 2017

Short-Termism And Corporate Myopia: The Values Assigned By The Market To Short-Term And Long-Term Firms, Justin Alexander

CMC Senior Theses

Short-termism and myopia on the part of corporate managers, analysts, and investors have created a business environment driven by the excessive focus on short-term results and the need to meet earnings targets at the expense of long-term value creation. These are accompanied by numerous consequences, including the potential for short-term-oriented firms, particularly in the U.S., to lag behind global long-term-oriented firms, as well as the potential for short-term mindsets in the corporate world to catalyze financial crises. In this paper, I demonstrate that the market generally assigns higher values to long-term firms rather than short-term ones. This is evidenced by …


Is Silence The Answer?, Gator Adams Jan 2017

Is Silence The Answer?, Gator Adams

CMC Senior Theses

This study examines the relationship between company management guidance, and ex-ante crash risk over the duration of 2008(Jan 2006-Dec 2009) financial crisis using the implied volatility skew, which is based upon ex-ante volatility implied by the pricing model developed by Black-Scholes (1973). The study finds that over the duration of this crisis period, management guidance decreases with a rise in ex-ante crash risk. Further, the study provides evidence on the relationship of management guidance and earnings volatility, and how that is affected by a firm's industry product concentration based on the Herfindahl-Hirschman Index (HHI) score.