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Information-Based Trade, Philip Bond, Hülya Eraslan 2010 University of Pennsylvania

Information-Based Trade, Philip Bond, Hülya Eraslan

Finance Papers

We study the possibility of trade for purely informational reasons. We depart from previous analyses (e.g. Grossman and Stiglitz (1980) and Milgrom and Stokey (1982)) by allowing the final payoff of the asset being traded to depend on an action taken by its eventual owner. We characterize conditions under which equilibria with trade exist.


Regulation Of Digital Businesses With Natural Monopolies Or Third-Party Payment Business Models: Antitrust Lessons From The Analysis Of Google, Eric K. Clemons, Nehal Madhani 2010 University of Pennsylvania

Regulation Of Digital Businesses With Natural Monopolies Or Third-Party Payment Business Models: Antitrust Lessons From The Analysis Of Google, Eric K. Clemons, Nehal Madhani

Finance Papers

Some digital business models may be so innovative that they overwhelm existing regulatory mechanisms, both legislation and historical jurisprudence, and require extension to or modification of antitrust law. Regulatory policies that were developed in response to nineteenth- or twentieth-century antitrust concerns dealt principally with economies of scale leading to monopoly power and may not be well suited to the issues of network effects or third-party payer online business models such as sponsored search. From the perspective of information systems economics, we investigate if such third-party payer digital systems require intervention as profound as the government's innovative approach to the problems …


Background On The Aicpa/Nasba Uniform Accountancy Act-What Does It Mean?, American Institute of Certified Public Accountants (AICPA) 2010 University of Mississippi

Background On The Aicpa/Nasba Uniform Accountancy Act-What Does It Mean?, American Institute Of Certified Public Accountants (Aicpa)

Association Sections, Divisions, Boards, Teams

No abstract provided.


Brand Analyses Of U.S. Global And Local Brands In India: The Case Of Levi's, Vertica Bhardwaj, Archana Kumar, Youn Kyung Kim 2010 University of Tennessee, Knoxville

Brand Analyses Of U.S. Global And Local Brands In India: The Case Of Levi's, Vertica Bhardwaj, Archana Kumar, Youn Kyung Kim

Department of Marketing Faculty Scholarship and Creative Works

This study investigates differences between U.S. global and local brands in the Indian market. Attitudes toward American products and the brand equity of U.S. global and local casual apparel brand in the Indian market are examined. It is postulated that global and local brand influence brand equity, which is composed of brand image, brand awareness, emotional value, perceived quality, brand loyalty, and purchase intention. A total of 411 college students in India participated in the survey. Using repeated measures ANOVA, this study finds that Indian consumers perceive global and local brands differently based on brand equity.


Eliciting User Requirements Using Appreciative Inquiry, Carol Kernitzki Gonzales 2010 Claremont Graduate University

Eliciting User Requirements Using Appreciative Inquiry, Carol Kernitzki Gonzales

CGU Theses & Dissertations

Many software development projects fail because they do not meet the needs of users, are over-budget, and abandoned. To address this problem, the user requirements elicitation process was modified based on principles of Appreciative Inquiry. Appreciative Inquiry, commonly used in organizational development, aims to build organizations, processes, or systems based on success stories using a hopeful vision for an ideal future. Spanning five studies, Appreciative Inquiry was evaluated for its effectiveness with eliciting user requirements. In the first two cases, it was compared with traditional approaches with end-users and proxy-users. The third study was a quasi-experiment comparing the use of …


The Shifting Geography Of Competitive Advantage: Clusters, Networks And Firms, Mark Jenkins, Stephen Tallman 2010 University of Richmond

The Shifting Geography Of Competitive Advantage: Clusters, Networks And Firms, Mark Jenkins, Stephen Tallman

Management Faculty Publications

We consider the dynamics of knowledge-based sources of advantage as they move between geographical locations and multinational and other firm level networks using the specialist context of Formula 1 motor over a fifty nine year period. We suggest that shifts in competitive advantage are underpinned by the movement of both architectural and component knowledge at both the firm and cluster level, and in particular we suggest that isolated firms can both benefit from and add to cluster level knowledge. We conclude by suggesting ways in which MNEs can adapt their approach to both location and knowledge development in order to …


The Application Of Little's Law To Enrollment Management: Improving Student Persistence In Part-Time Degree Programs, Ellen M. Walk, Lewis A. Litteral 2010 University of Richmond

The Application Of Little's Law To Enrollment Management: Improving Student Persistence In Part-Time Degree Programs, Ellen M. Walk, Lewis A. Litteral

Management Faculty Publications

Little’s Law is applied to enrollment management in part-time degree programs. Using institutional data by program, on number of graduates per year, as well as number of credits taken and number of active students per semester, the calculated average time to graduation is compared to the average flow time predicted by Little’s Law. Despite significant variability among students who enter with varying transfer credits and take varying credits per semester, Little’s Law provides a simple model for measuring program growth trends, student productivity, and persistence to graduation. Implications for marketing, admissions, advising, course scheduling, and curriculum design are discussed.


Stakeholder Theory: The State Of The Art, Bidhan L. Parmar, R. Edward Freeman, Jeffrey S. Harrison, et al. 2010 University of Richmond

Stakeholder Theory: The State Of The Art, Bidhan L. Parmar, R. Edward Freeman, Jeffrey S. Harrison, Et Al.

Management Faculty Publications

A variety of forces are changing the way managers and executives make sense of their responsibilities. Globalization has brought a larger variety of participants into contemporary businesses, technological innovation has increased the pace of change, and managers are discovering that their actions have the potential to affect a broader range of people all over the globe (Clement, 2005). Additionally, the pursuit of corporate objectives can be easily disrupted by the actions of unexpected groups. These challenges, driven by change and interconnectedness, reveal a need for managers and academics to re-think the traditional ways of conceptualizing the responsibilities of the firm. …


Managing For Stakeholders, Stakeholder Utility Functions, And Competitive Advantage, Jeffrey S. Harrison, Douglas A. Bosse, Robert A. Phillips 2010 University of Richmond

Managing For Stakeholders, Stakeholder Utility Functions, And Competitive Advantage, Jeffrey S. Harrison, Douglas A. Bosse, Robert A. Phillips

Management Faculty Publications

A firm that manages for stakeholders allocates more resources to satisfying the needs and demands of its legitimate stakeholders than what is necessary to simply retain their willful participation in the productive activities of the firm. Firms that exhibit this sort of behavior develop trusting relationships with stakeholders based on principles of distributional, procedural and interactional justice. Under these conditions, stakeholders are more likely to share nuanced information regarding their utility functions, which increases the ability of the firm to allocate its resources to areas that will best satisfy them (thus increasing demand for business transactions with the firm). In …


The Experience Of Liberal Education, Edward L. Ayers 2010 University of Richmond

The Experience Of Liberal Education, Edward L. Ayers

History Faculty Publications

Every college and university has built new capacity to deliver new experiences for students through study abroad, community service, career development, health and fitness, cultural understanding, or spiritual growth. They come to college to broaden their experience, and colleges and universities are the only places where people of all backgrounds, religions, ethnicities, classes, and politics come together to explore who they are and who they might become. Going to college is a defining time in their lives, and there is much more we can do to make it a liberating and transformative experience.


Revitalizing Snow Brand Milk, Daryl Koehn, R. W. Wolfe, J. Meade 2010 University of St. Thomas, Minnesota

Revitalizing Snow Brand Milk, Daryl Koehn, R. W. Wolfe, J. Meade

Ethics and Business Law Faculty Publications

This case study explores the food poisoning crisis at Snow Brand Milk, one of Japan's largest dairy companies. It examines in particular how the firm successfully revitalized itself and saved the brand.


Middle-Level Thinking: The Cultural Mission Of Business Schools, Michael Naughton, T. Dean Maines 2010 University Of St. Thomas - Minnesota

Middle-Level Thinking: The Cultural Mission Of Business Schools, Michael Naughton, T. Dean Maines

Ethics and Business Law Faculty Publications

Purpose – Business education should be seen as a form of professional education which assists the student to acquire the virtue of practical wisdom. This article seeks to discuss the issues.

Design/methodology/approach – A middle level thinking (MLT) approach is taken to engage business education and practice that seeks to fashion explicit and vibrant ties between broad ethical principles and the concrete decisions, policies, and processes which shape how an organization operates.

Findings – The financial crisis of 2008 and past business scandals are symptoms of a broader cultural crisis. Universities and their business schools have contributed to this cultural …


Protecting Consumers From Spyware: A Proposed Consumer Digital Trespass Act, Richard G. Kunkel J.D. 2010 University of St. Thomas, Minnesota

Protecting Consumers From Spyware: A Proposed Consumer Digital Trespass Act, Richard G. Kunkel J.D.

Ethics and Business Law Faculty Publications

“Spyware” is a broad term used to describe software that resides on a user’s computer and monitors the user’s online behavior. Though spyware may be helpful or benign, it can also be used for malicious purposes, commonly classified as “malware”. Consumers, who lack sophistication to avoid unintentionally downloading spyware, are especially vulnerable to the threat of malware. In lieu of this threat, it is important to understand the nature and scope of spyware problems affecting consumers. The paper will discuss how common law tort theories of trespass and trespass to chattel are difficult to apply to spyware, and how a …


Evaluating The Target Pipeline In A Pharmaceutical Acquisition, Daniel Vass 2010 Ursinus College

Evaluating The Target Pipeline In A Pharmaceutical Acquisition, Daniel Vass

Business and Economics Honors Papers

Many firms in the pharmaceutical industry turn to acquisitions when faced with gaps in their drug development pipelines and patent expirations as an alternative to making long-term investments in internal research and development. Investors are generally negative on this strategy, and upon the announcement of a pharmaceutical acquisition the stock of the acquiring firm often drops. This decline in share price creates an opportunity for the investor who can identify the characteristics of a target firm that increase the probability that the transaction will ultimately be a success, as measured by the subsequent appreciation in the acquirer's stock. It is …


(Le)Agility In Humanitarian Aid Supply Chains, Kirstin Scholten, Pamela Sharkey Scott, Brian Fynes 2010 Technological University Dublin

(Le)Agility In Humanitarian Aid Supply Chains, Kirstin Scholten, Pamela Sharkey Scott, Brian Fynes

Articles

Purpose - This paper explores the concept of agility in the context of supply chains of humanitarian aid (HA) organizations, particularly Non Government Organizations (NGOs). This responds to the increasing pressure on NGOs to use their resources more strategically if they are to gain donor trust and long term commitment. Design/ Methodology/Approach - A literature based approach that extends the commercial supply chain concept of agility to NGOs is combined with the first exploratory semi structured interviews of these concepts with five NGO supply chain directors. Findings – The commercial concept of agility when responding to disaster relief holds strong …


An Investigation Into The Unintended Consequences Of Downstream Channel Allowances, William Jason Rowe 2010 University of Kentucky

An Investigation Into The Unintended Consequences Of Downstream Channel Allowances, William Jason Rowe

University of Kentucky Doctoral Dissertations

Downstream channel allowances involve the practice of selling firms making payments to customers in exchange for distribution of a product. Such transactions occur most frequently in a business-to-business exchange. Although various forms of channel allowances have been investigated over the past three decades, the literature is lacking in guidance regarding whether or not, and to what extent, the salesperson should control these payments. Relying on the theoretical underpinnings of cognitive evaluation theory, this dissertation takes the initial step in understanding the effects of customer perceptions of salesperson control over allowances, with special attention to the impact on the customer-salesperson relationship. …


Ua1e Wku Memorabilia Collection, WKU Archives 2010 Western Kentucky University

Ua1e Wku Memorabilia Collection, Wku Archives

WKU Archives Collection Inventories

Memorabilia has been donated by and collected from various sources. Many of the earliest artifacts have come into the WKU Archives with no surviving documentation. This record group has not been completely described, and will be added to as more artifacts and items make their way into the WKU Archives. Most of the items in the collection are for exhibit purposes only. Images may be requested from the WKU Archivist. Items may be pulled for researchers by prior appointment.


Financial Crisis, Bank Acquisitions, And Value Creation: The Case Of Bank Mergers For The Past Five Years, Sarina Ar-Loc Ng 2010 California State University, San Bernardino

Financial Crisis, Bank Acquisitions, And Value Creation: The Case Of Bank Mergers For The Past Five Years, Sarina Ar-Loc Ng

Theses Digitization Project

This paper will focus on the bank acquisitions of the United States and Europe. It will specify the most highly regarded cause of the financial crisis and consider what all the components might explain about perception of consumers in the United States and in Europe. This paper also uses a commonly used event study methodology to understand the market reaction in these bank acquisition announcements.


Tls Newsletter, Volume 3, Edition 1. January 2010, UNF Transportation and Logistics Society 2010 University of North Florida

Tls Newsletter, Volume 3, Edition 1. January 2010, Unf Transportation And Logistics Society

Transportation & Logistics Society Newsletter

Inside the Newsletter: In the Know--The State of the Transportation and Logistics Program. Behind the Scenes at Hubbard House. Important Spring Dates. Professional Spotlight on Dr. Frankel. Get to know Lindsey Scarazzo


Corporate Governance And Accountability, Renee M. Jones 2010 Boston College Law School

Corporate Governance And Accountability, Renee M. Jones

Boston College Law School Faculty Papers

This book chapter on Corporate Governance and Accountability is a contribution to the book CORPORATE GOVERNANCE - SYNTHESIS OF THEORY, RESEARCH, AND PRACTICE (Wiley, forthcoming 2010), edited by Ronald Anderson and H. Kent Baker. This chapter describes the sources of corporate governance standards for American corporations and analyzes the accountability mechanisms designed to ensure that corporate officials act faithfully in their management of corporate affairs. The chapter focuses on the financial reporting system under the U.S. securities laws which forms the foundation of the accountability system, and discusses structures and rules designed to ensure the integrity of financial reporting. The …


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