Business Administration, Management, and Operations Commons^™

Off-Price Vs. Department Store Retailing, Denise Aghion

Honors Capstone Projects - All

There are multiple forms of retailing in the United States – two of the most common forms are department store retailing and off-price retailing. Both types of retailers are looking to create profits by negotiating costs with vendors to create suitable gross margins; however, they go about doing so in very different ways. Because I have interned at both types of corporations, my Capstone is to identify which, if either model, is more sustainable in today’s conditions.

Department store retailing is the most well-known form of retailing, and is currently the largest sector of retailing in the United States. They …

Helping Child Workers: How Should Multinational Corporations Accommodate Child Workers In Southeast Asian Countries To Which They Outsource?, Ryan (Haerim) Hong

Honors Capstone Projects - All

Outsourcing is one of the major supply chain strategies adopted by many multinational corporations in order to respond to market demand by lowering the cost. As the emphasis on social responsibility and sustainability has been increasing, there has been a lot of pressure on firms to control many problems caused by different living conditions or cultures. One of the most significant humanitarian issues is ongoing child labor practices. This paper describes how corporations, such as Nike, Reebok, Wal-Mart and the Pentland Group, have been addressing this issue. Many of them have been eliminating child labor among their suppliers; however, that …

Does Regulatory Scrutiny Change Investment Behavior? Evidence Of Suboptimal Portfolio Rebalancing After The Financial Crisis, Willie Dion Reddic

Business Administration - Dissertations

Insurers that show losses are expected to sell tax-free securities and replace them with taxable securities since they can no longer benefit from tax savings. However, rebalancing these portfolios after the financial crisis would entail recognizing additional losses during a time period when their financial performance was under stress and their industry was under increased scrutiny. I examine portfolio rebalancing behavior using the period after the financial crisis as a proxy for increased regulatory scrutiny. I predict and find that insurers with losses subsequent to the financial crisis were less likely to increase their ratio of taxable/nontaxable securities. Insurers may …

The Struggle For Power And Pay: Implications Of Board Of Directors' Power On Monitoring Effectiveness And Pay For Performance Sensitivity, Mariana Judith Lebron

Business Administration - Dissertations

Boards of directors monitor and incentivize CEOs to make decisions that maximize shareholder value; however, research has been inconsistent in identifying the relationship between board composition and monitoring effectiveness (Daily, Johnson, Ellstrand, & Dalton, 1998). Integrating an economic perspective (agency theory) with a socio-psychological perspective (upper echelon theory), this paper examines how outsiders' and insiders' power bases relate to pay-for-performance by proposing and empirically examining a multi-dimensional model of board power bases: ownership, prestige, and structural. I argue that board structural and composition characteristics can be used as proxy indicators of board power. Using data from 37, 066 directors of …