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Full-Text Articles in Business

Franchisor Environmental Liability For Previously Contaminated Property, Patrick J. Kaufmann, William S. Vincent Oct 1997

Franchisor Environmental Liability For Previously Contaminated Property, Patrick J. Kaufmann, William S. Vincent

Faculty Articles

Environmental legislation has created potential liability for retailing franchisees that purchase previously contaminated land. Faced with a decision to distance itself from the site selection process or incur the added costs and potential pricing impacts of greater involvement in the process, franchisors have strong incentives to reduce franchisee support. This reduction in support has detrimental implications for both franchise policy and environmental policy. A paper reports the results of an empirical study that links franchisors' concerns about potential environmental liability to actions to distance themselves from the site selection process or, alternatively, formally to require franchisee environmental investigation of all …


Are Salaries In The National Hockey League Related To Nationality?, William (Bill) H. Williams, David A. Williams Oct 1997

Are Salaries In The National Hockey League Related To Nationality?, William (Bill) H. Williams, David A. Williams

Publications and Research

No abstract provided.


Entrepreneurship On The Threshold Of 21st Century, Wee Liang Tan Jun 1997

Entrepreneurship On The Threshold Of 21st Century, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

With this issue we would have joined the world in watching Hong Kong, reknown as an entrepreneurial economy, move across the threshold to mainland Chinese control. In Hong Kong, entrepreneurship moves across a threshold to another environment the conditions of which may be different. There are opposing views whether the situation will be restrictive to entrepreneurship. Entrepreneurs operating in Hong Kong would have made alternative plans and strategies. Only time will tell how the events will unfold, suffice to be prepared for the transition is far better than not to have been.


Research Note Perceptions Are Reality: How Family Meetings Lead To Collective Action, Timothy G. Habbershon, Joseph H. Astrachan Mar 1997

Research Note Perceptions Are Reality: How Family Meetings Lead To Collective Action, Timothy G. Habbershon, Joseph H. Astrachan

Faculty Articles

Family meetings develop family unity through the creation of perceived shared beliefs. The article presents a model with strategic implications showing how shared beliefs lead to collective action, which leads to outcomes and then the reassessment of the shared beliefs. Finally, the article reports on initial research on the reliability of instruments developed to explore one aspect of this model: The creation of shared beliefs through family meetings. The initial results suggest that perceptions of shared beliefs may be an important stimulant of collective family activity.


“We Have Raffeled For The Elephant & Won!”: The Wool Industry At South Union, Kentucky, Donna C. Parker, Jonathan J. Jeffrey Jan 1997

“We Have Raffeled For The Elephant & Won!”: The Wool Industry At South Union, Kentucky, Donna C. Parker, Jonathan J. Jeffrey

SCL Faculty and Staff Publications

Wool, next to cotton, is perhaps the most important of all textile fibers. Like most of their contemporaries, the Shakers of South Union, Kentucky, recognized the ease with which wool fibers were spun into yarn and the advantages of sturdy wool clothing. South Union’s textile industry grew from a simple carding mill to a full-fledged woolen factory with a 240-spindle spinning jack and 4 power looms. From its genesis in 1815 to its abrupt demised in 1868, the sect’s woolen industry provides a paradigm for the study of the United States’ textile industrialization.


Entrepreneurial Decisions And Liquidity Constraints, Douglas Holtz-Eakin, David Joulfaian, Harvey S. Rosen Jan 1997

Entrepreneurial Decisions And Liquidity Constraints, Douglas Holtz-Eakin, David Joulfaian, Harvey S. Rosen

Economics - All Scholarship

This paper analyzes the role of liquidity constraints in the formation of new entrepreneurial enterprises. The basic empirical strategy is to determine whether an individual's wealth affects the probability of becoming an entrepreneur, and the conditional amounts of depreciable assets and interest deductions, ceteris paribus. If so, liquidity constraints are likely to be present. To be successful, such a research strategy requires a measure of asset variation that is both precisely measured and exogenous to the entrepreneurial decision. Our data are uniquely well-suited for this purpose. The sample consists of the 1981 and 1985 federal tax returns of a group …


The New Economics Of Jurisdictional Competition: Devolutionary Federalism In A Second-Best World, William W. Bratton, Joseph A. Mccahery Jan 1997

The New Economics Of Jurisdictional Competition: Devolutionary Federalism In A Second-Best World, William W. Bratton, Joseph A. Mccahery

All Faculty Scholarship

No abstract provided.