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Selected Works

2002

Discipline
Institution
Keyword
Publication

Articles 1 - 30 of 89

Full-Text Articles in Business

Mergers And Acquisitions - The Directors' View, Mark E. Pickering Nov 2002

Mergers And Acquisitions - The Directors' View, Mark E. Pickering

Mark E Pickering

Mergers and acquisitions (M&A) can be an extremely valuable tool to transform organisations and to accelerate growth strategies. However, poorly conceived and implemented acquisitions can result in significant distraction, substantial financial write-offs and, in extreme cases, put the acquirer’s future in jeopardy. Directors play an important role in the M&A decision process and should delve into key components of proposed acquisitions to improve M&A outcomes.


Clean Break - Divestitures And Demergers, Mark E. Pickering Nov 2002

Clean Break - Divestitures And Demergers, Mark E. Pickering

Mark E Pickering

Over recent years there have been some high profile demergers and divestments with this trend likely to continue. Implementing a demerger requires significant effort and resources with the tasks required dependent on the mode of divestment and the current integration across businesses. There are actions management can take to smooth what can be a very disruptive process.


Nigeria’S Transformation Agenda: The Management And Leadership Challenges, Prof Ben C Osisioma Nov 2002

Nigeria’S Transformation Agenda: The Management And Leadership Challenges, Prof Ben C Osisioma

Prof Ben Chuka Osisioma

Nigeria’s President won the 2011 Federal Government elections on the grounds well of popular support, and the promise of a transformation agenda. Transformation is a strong word that portends a radical, structural and fundamental reappraisal of the basic assumptions that underlie our reforms and developmental efforts. The challenge before government is how to move the nation away from an oil-dominated economy, institute the basics for a private-sector driven economy, build the local economy on international best practices, transform a passive oil industry to a more proactive one, and restructure the country along the lines of a more decentralized federalism. But …


A Coverage Model For Topology Design In Wireless Mesh Networks, Kevin P. Scheibe Nov 2002

A Coverage Model For Topology Design In Wireless Mesh Networks, Kevin P. Scheibe

Kevin P. Scheibe

During the last five years, mesh networks have emerged as a promising new technology for fixed wireless radio data networks. Mesh networks differ from traditional wireless radio networks in that customer nodes serve as part of the network backbone by relaying messages from other customers. However, given the high frequency of mesh radio transmitters necessary to provide sufficient data rates, these systems operate by line-of-sight. Thus, the ability to connect random subscriber locations is a major issue. While a few companies have developed systems using mesh technology, all algorithms for topology design appear to be proprietary leaving little if anything …


Attribute-Based Differentiation Of Alternatives, Jeffrey Keisler Oct 2002

Attribute-Based Differentiation Of Alternatives, Jeffrey Keisler

Jeffrey Keisler

An intermediate step is introduced to the decision dialogue process for decision analysis. Alternatives are refined after they have been generated within a strategy table but before they are subject to more detailed evaluation. Two or more judges create a subjective mapping from alternatives to attributes that will later be mapped to criteria. In strategy tables, each of the alternative strategies consists of a coherent set of choices made across several decisions that are to be coordinated. These strategic alternatives are modified so as to increase their differentiation in the attribute space, rather than in the decision space alone. When …


A Fitting Strategy, Carol Gill Oct 2002

A Fitting Strategy, Carol Gill

Carol Gill

Take advantage of the tools available to check the fit between HRM and business strategy


Methode Zur Entwicklung Von Prozessportalen, Rainer Alt, Marc A. Caesar, Florian Leser, Thomas Puschmann, Christian Reichmayr, Hubert Oesterle Sep 2002

Methode Zur Entwicklung Von Prozessportalen, Rainer Alt, Marc A. Caesar, Florian Leser, Thomas Puschmann, Christian Reichmayr, Hubert Oesterle

Hubert Oesterle

No abstract provided.


An Analysis Of Auction Volume And Market Competition For The Coastal Forest Regions In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham Sep 2002

An Analysis Of Auction Volume And Market Competition For The Coastal Forest Regions In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.


Reserve Prices, Stumpage Fees, And Efficiency, Peter Cramton, Susan Athey, Allan Ingraham Sep 2002

Reserve Prices, Stumpage Fees, And Efficiency, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.


Setting The Upset Price In British Columbia Timber Auctions, Peter Cramton, Susan Athey, Allan Ingraham Sep 2002

Setting The Upset Price In British Columbia Timber Auctions, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.


Keynes's Treatise: Aggregate Price Theory For Modern Analysis?, Max Gillman Aug 2002

Keynes's Treatise: Aggregate Price Theory For Modern Analysis?, Max Gillman

Max Gillman

No abstract provided.


Unions, Bargaining And Strikes, Peter Cramton, Joseph Tracy Aug 2002

Unions, Bargaining And Strikes, Peter Cramton, Joseph Tracy

Peter Cramton

Labor disputes are an intriguing feature of the landscape of industrialized economies. Economists have had a long-standing interest in formulating a framework for understanding and analyzing labor disputes. The development of noncooperative bargaining theory provided the tools for a theory of collective bargaining and labor disputes. A general aim of this theoretical development is to inform policy makers of the efficiency and equity effects associated with different labor laws and institutions that govern and shape the collective bargaining process. While this new literature is still evolving, it can already offer many insights into the interplay between policy and the bargaining …


Regional Technology Assets And Opportunities: The Geographic Clustering Of High-Tech Industry, Science And Innovation In Appalachia, Edward Feser, Harvey Goldstein, Henry Renski, Catherine Renault Aug 2002

Regional Technology Assets And Opportunities: The Geographic Clustering Of High-Tech Industry, Science And Innovation In Appalachia, Edward Feser, Harvey Goldstein, Henry Renski, Catherine Renault

Edward J Feser

This study constitutes a systematic location analysis of the technology assets of Appalachia. The report identifies and documents sub-regional concentrations of technology-related employment, R&D, and applied innovation within and immediately adjacent to the 406-county service area of the Appalachian Regional Commission. By assembling and analyzing an extensive set of data at high levels of functional and spatial detail, the study reveals localized technology strengths that might be nurtured through focused economic development policy.


Demand Reduction And Inefficiency In Multi-Unit Auctions, Peter Cramton, Lawrence M. Ausubel Jul 2002

Demand Reduction And Inefficiency In Multi-Unit Auctions, Peter Cramton, Lawrence M. Ausubel

Peter Cramton

Auctions typically involve the sale of many related goods. Treasury, spectrum and electricity auctions are examples. In auctions where bidders pay the market-clearing price for items won, large bidders have an incentive to reduce demand in order to pay less for their winnings. This incentive creates an inefficiency in multiple-item auctions. Large bidders reduce demand for additional items and so sometimes lose to smaller bidders with lower values. We demonstrate this inefficiency in an auction model which allows interdependent values. We also establish that the ranking of the uniform-price and pay-as-bid auctions is ambiguous in both revenue and efficiency terms. …


Innovation And The Economy, Mario Pianta, J. Michie, C. Oughton Jun 2002

Innovation And The Economy, Mario Pianta, J. Michie, C. Oughton

Mario Pianta

Unemployment has remained at relatively high levels across most European countries for a generation now. There have been a number of suggested explanations for this, with correspondingly different policy implications. Two of the major hypotheses relate, first, to the impact on the European economies from increased international competition, and `globalisation’ more generally, and, secondly, to the effects of new technology and innovation. The effects of both globalisation and technology on growth and employment in Europe have been researched over the past two years through an EU-funded project, the results of which, relating in particular to innovation, are reported in this …


How Cigarette Advertising Works: Rich Imagery And Poor Information, Richard W. Pollay Jun 2002

How Cigarette Advertising Works: Rich Imagery And Poor Information, Richard W. Pollay

Richard W. Pollay

No abstract provided.


Investor Protection And Corporate Valuation, Florencio López De Silanes, Rafael La Porta , Andrei Shleifer , Robert Vishny Jun 2002

Investor Protection And Corporate Valuation, Florencio López De Silanes, Rafael La Porta , Andrei Shleifer , Robert Vishny

Florencio López de Silanes

We present a model of the effects of legal protection of minority shareholders and of cash-flow ownership by a controlling shareholder on the valuation of firms. We then test this model using a sample of 539 large firms from 27 wealthy economies. Consistent with the model, we find evidence of higher valuation of firms in countries with better protection of minority shareholders and in firms with higher cashflow ownership by the controlling shareholder.


Auctioning Timber To Maximize Revenues In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham Jun 2002

Auctioning Timber To Maximize Revenues In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.


Comments On Alternative Policy Options For Managing Capacity And Mitigating Congestion And Delay At Laguardia Airport, Peter Cramton Jun 2002

Comments On Alternative Policy Options For Managing Capacity And Mitigating Congestion And Delay At Laguardia Airport, Peter Cramton

Peter Cramton

Recommending auctions to manage congestion at LaGuardia.


The Market Value Of Italian Government Debt, 1970-1996, Riccardo Fiorito, Lorenzo Pecchi, Giorgio Valente Jun 2002

The Market Value Of Italian Government Debt, 1970-1996, Riccardo Fiorito, Lorenzo Pecchi, Giorgio Valente

riccardo fiorito

Italy's Government Debt is calculated at market prices for the period 1970-96 using information from official sources for all relevant components. Comparing the par and the market-value agggregate series, it appears that the two variables share a common trend but differ at the cyclical frequencies.


Leading Organizational Change: A Comparison Of County And Campus Views Of Extension Engagement, Nancy K. Franz, Randall S. Peterson, Amber L. Dailey Jun 2002

Leading Organizational Change: A Comparison Of County And Campus Views Of Extension Engagement, Nancy K. Franz, Randall S. Peterson, Amber L. Dailey

Nancy K. Franz

Feeling pressure from stakeholders, Cornell Cooperative Extension has responded using the Kellogg Commission report on the Future of State and Land-Grant Universities as a blueprint for organizational change. Results of interviews revealed both similarities and differences in county and state staff views of engagement. The most significant difference is that county staff view their jobs as the critical link between community needs and university resources, while campus staff view them as implementers of programs. This finding suggests a need to engage all staff in a mutual dialogue of roles and expectation if change based on Extension engagement is to be …


A Comparison Of Equation-Based And Parity Pricing Of Stumpage Fees For British Columbia Timber Under Long-Term Tenures, Peter Cramton, Susan Athey, Allan Ingraham Apr 2002

A Comparison Of Equation-Based And Parity Pricing Of Stumpage Fees For British Columbia Timber Under Long-Term Tenures, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.


Testing For Anti-Competitive Bidding In Auction Markets, Peter Cramton, Susan Athey, Allan Ingraham Mar 2002

Testing For Anti-Competitive Bidding In Auction Markets, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.


Auction-Based Timber Pricing And Complementary Market Reforms In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham Mar 2002

Auction-Based Timber Pricing And Complementary Market Reforms In British Columbia, Peter Cramton, Susan Athey, Allan Ingraham

Peter Cramton

US-Canada Softwood Lumber Trade Dispute, On behalf of British Columbia Ministry of Forests.


Nutrition Jeopardy, Melanie Burns, Michelle Benoit, Denise Bulvan Mar 2002

Nutrition Jeopardy, Melanie Burns, Michelle Benoit, Denise Bulvan

Melanie Burns

No abstract provided.


Systematic Steps To Success, Hubert Oesterle, Rainer Alt Feb 2002

Systematic Steps To Success, Hubert Oesterle, Rainer Alt

Hubert Oesterle

No abstract provided.


Can Law And Economics Be Both Practical And Principled?, David A. Hoffman, Michael P. O'Shea Feb 2002

Can Law And Economics Be Both Practical And Principled?, David A. Hoffman, Michael P. O'Shea

David A Hoffman

This article describes important recent developments in normative law and economics, and the difficulties they create for the project of efficiency-based legal reform. After long proceeding without a well articulated moral justification for using economic decision procedures to choose legal rules, scholars have lately begun to devote serious attention to developing a philosophically attractive definition of well-being. At the same time, the empirical side of law and economics is also being enriched with an improved understanding of the complexities of individuals' decision-making behavior. That is where the problems begin. Scholars may have better, more plausible conceptions of well-being in hand, …


Declaration Of Peter Cramton, Peter Cramton Feb 2002

Declaration Of Peter Cramton, Peter Cramton

Peter Cramton

Comments in support of wireless number portability. For Leap Wireless.


Affidavit Of Peter Cramton, Peter Cramton Feb 2002

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

Comments on proposed changes to how the energy clearing price is calculated. For ISO New England.


The Aicpa's 10 Guiding Principles, Annette M. Nellen Feb 2002

The Aicpa's 10 Guiding Principles, Annette M. Nellen

Annette M. Nellen

Explains the ten guiding principles of good tax policy of a framework outlined in American Institute of Certified Public Accountants Tax Policy Concept Statement No. 1. Analysis of the guiding principles; How the principles can be used to analyze proposals; Application of the guiding principles.