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Full-Text Articles in Business

Assessors And Use Of Assessment Centre Dimensions: A Fresh Look At A Troubling Issue, Filip Lievens May 2001

Assessors And Use Of Assessment Centre Dimensions: A Fresh Look At A Troubling Issue, Filip Lievens

Research Collection Lee Kong Chian School Of Business

Previous studies on the construct validity of assessment centres have generally produced puzzling results. The premise of this study is that these prior studies were relatively one-sided. Actually, most previous studies were field studies, which typically used the multitrait-multimethod approach to distinguish between two sources of variance (i.e., exercises and dimensions). Therefore, this study aims to shed light on the issue of assessment centre construct validity by addressing substantive and methodological concerns inherent in previous research. In this study, 85 industrial and organizational psychology students and 39 managers rated videotaped assessment centre candidates in three exercises on six dimensions. Results …

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Technology Transfer Into China: Preparing For A New Era, Arnoud De Meyer Apr 2001

Technology Transfer Into China: Preparing For A New Era, Arnoud De Meyer

Research Collection Lee Kong Chian School Of Business

Currently, there are three forces creating a more favourable background for western multinational companies to do new business in China by transferring new technology. First, growing overcapacity means China requires not traditional turnkey factories, but instead, technology which leads to innovation and improvement. Second, a changing attitude by all levels of Chinese government to demanding state-of-the-art technology including software instead of previous generation technology, and to technology management and commercial implementation more. Third, intellectual property rights are becoming better respected. The author makes suggestions to best manage technology transfer into China, with this changed background. Based on six case studies …

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Understanding The Assessment Center Process: Where Are We Now?, Filip Lievens, Richard J Klimoski Apr 2001

Understanding The Assessment Center Process: Where Are We Now?, Filip Lievens, Richard J Klimoski

Research Collection Lee Kong Chian School Of Business

Assessment centers have become widespread in Western Europe, Northern America, and Australia (Newell & Shackleton, 1994). The Task Force on Assessment Center Guidelines (1989) defined assessment centers as “a standardized evaluation of behavior based on multiple inputs. Multiple trained observers and techniques are used. Judgments about behaviors are made, in major part, from specifically developed assessment simulations. These judgments are pooled in a meeting among the assessors or by a statistical integration process” (p. 460).

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The Role Of Boards And Stakeholders In Corporate Governance, Victor C. S. Yeo, Pearlie M. C. Koh Apr 2001

The Role Of Boards And Stakeholders In Corporate Governance, Victor C. S. Yeo, Pearlie M. C. Koh

Research Collection Yong Pung How School Of Law

This paper was written specifically for the OECD Third Asian Roundtable on Corporate Governance, held in Singapore in April 2001, the theme of which was "the Role of Boards and Stakeholders in Corporate Governance". It goes without saying that a significant part of corporate governance is about managerial control and accountability. The duties imposed on directors, how Board members are chosen, Board composition, the interaction between members, the roles and responsibilities that Boards undertake, both as a whole and by their individual members, all have significant impact on the efficacy and propriety of the Board in fulfilling its functions. This …

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Assessor Training Strategies And Their Effects On Accuracy, Interrater Reliability, And Discriminant Validity, Filip Lievens Apr 2001

Assessor Training Strategies And Their Effects On Accuracy, Interrater Reliability, And Discriminant Validity, Filip Lievens

Research Collection Lee Kong Chian School Of Business

This study compares the effects of data-driven assessor training with schema-driven assessor training and control training. The sample consisted of 229 industrial and organizational psychology students and 161 managers who were randomly assigned to 1 of these training strategies. Participants observed and rated candidates in an assessment center exercise. The data-driven and schema-driven assessor training approaches outperformed the control training on all 3 dependent variables. The schema-driven assessor training resulted in the largest values of interrater reliability, dimension differentiation, and accuracy. Managers provided significantly more-accurate ratings than students but distinguished less between the dimensions. Practical implications regarding the design of …

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Forecasting Volatility: Evidence From The German Stock Market, Hagen H. W. Bluhm, Jun Yu Feb 2001

Forecasting Volatility: Evidence From The German Stock Market, Hagen H. W. Bluhm, Jun Yu

Research Collection School Of Economics

In this paper we compare two basic approaches to forecast volatility in the German stock market. The first approach uses various univariate time series techniques while the second approach makes use of volatility implied in option prices. The time series models include the historical mean model, the exponentially weighted moving average (EWMA) model, four ARCH-type models and a stochastic volatility (SV) model. Based on the utilization of volatility forecasts in option pricing and Value-at-Risk (VaR), various forecast horizons and forecast error measurements are used to assess the ability of volatility forecasts. We show that the mode lrankings are sensitive to …

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Examining The Impact Of Destructive Acts In Marketing Channel Relationships, Jonathan D. Hibbard, Nirmalya Kumar, Lisa W. Stern Feb 2001

Examining The Impact Of Destructive Acts In Marketing Channel Relationships, Jonathan D. Hibbard, Nirmalya Kumar, Lisa W. Stern

Research Collection Lee Kong Chian School Of Business

In virtually all marketing channel relationships, one of the parties eventually will engage in an action that another channel member considers potentially destructive for the relationship. How a particular channel member reacts to such an act has implications for the long-term viability and success of the relationship. On the basis of a large data set collected from both a focal supplier and its independent dealers, the authors classify dealers' responses to a supplier's destructive acts by extending the response 'typology of exit, voice, and loyalty, which is based on Hirschman's seminal writings on responses to decline in organizations and states. …

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A Note On The Paper “Resource-Constrained Project Scheduling: Notation, Classification, Models And Methods” By Brucker Et Al., Willy Herroelen, Erik Demeulemeester, Bert De Reyck Feb 2001

A Note On The Paper “Resource-Constrained Project Scheduling: Notation, Classification, Models And Methods” By Brucker Et Al., Willy Herroelen, Erik Demeulemeester, Bert De Reyck

Research Collection Lee Kong Chian School Of Business

The great variety of project scheduling problems studied in the ever growing literature motivated the recent development of classification schemes. In a recent paper (European Journal of Operational Research 112 (1999) 3–41), Brucker et al. make the claim that, so far, no classification scheme exists which is compatible with what is commonly accepted in machine scheduling and introduce a new classification. In this note, we critically review major shortcomings of the suggested scheme which place heavy limitations on its potential use.

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A Framework For Performance And Value Assessment Of E-Business Systems In Corporate Travel Distribution, A.M. Chircu, Robert J. Kauffman Jan 2001

A Framework For Performance And Value Assessment Of E-Business Systems In Corporate Travel Distribution, A.M. Chircu, Robert J. Kauffman

Research Collection School Of Computing and Information Systems

This chapter proposes and illustrates a framework that the authors call the value life cycle for e-commerce systems. Based on recent research results that relate to technology investments in the corporate travel industry and related theoretical and empirical perspectives, the authors lay out the corporate travel e-commerce system solutions value life cycle. The perspective involves estimating the maximum value that that an organization can obtain by implementing an e-commerce system in a specific industry and competitive environment. It also considers multiple factors that act as value contingencies for the implementation process. These create barriers to value accrual and to …

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Ontologies And Electronic Commerce, Dieter Fensel, Deborah L. Mcguinness, Ellen Schulten, Wee-Keong Ng, Ee Peng Lim, Guanghao Yan Jan 2001

Ontologies And Electronic Commerce, Dieter Fensel, Deborah L. Mcguinness, Ellen Schulten, Wee-Keong Ng, Ee Peng Lim, Guanghao Yan

Research Collection School Of Computing and Information Systems

Ontologies are the first step toward realizing the full power of online e-commerce. Ontologies enable machine-understandable semantics of data, and building this data infrastructure will enable completely new kinds of automated services. Software agents can search for products, form buyer and seller coalitions, negotiate about products, or help automatically configure products and services according to specified user requirements. The combination of machine-processable semantics of data based on ontologies and the development of many specialized reasoning services will bring the Web to its full power. The authors discuss: taxonomies; information sources; future issues; business viewpoints; the e-marketplace; and B2B e-commerce standardisation …

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Psychological Mechanisms Underlying Individual Knowledge And Contribution In Learning Organizations, Bin Zhao, Hwee Hoon Tan Jan 2001

Psychological Mechanisms Underlying Individual Knowledge And Contribution In Learning Organizations, Bin Zhao, Hwee Hoon Tan

Research Collection Lee Kong Chian School Of Business

Although much has been written about how to set up learning organizations, there is a paucity of research on understanding employees’ willingness to learn or contribute knowledge in such activities, a key element in the success of organizational learning. This paper presents models for understanding individuals’ willingness to learn and individuals’ willingness to contribute in organizational settings. Through the examination of the psychological mechanisms underlying individuals’ willingness to learn and to contribute, we will further our understanding on the individual and contextual factors that affect employees’ decision to learn and contribute in organizational learning activities. Drawing from the literature, we …

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Pricing Options Using Implied Trees, Kian Guan Lim, Da Zhi Jan 2001

Pricing Options Using Implied Trees, Kian Guan Lim, Da Zhi

Research Collection Lee Kong Chian School Of Business

No abstract provided.

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On The Interaction Of Alphabetic And Logographic Words With Sounds And Images, Nader T. Tavassoli, Jin K. Han Jan 2001

On The Interaction Of Alphabetic And Logographic Words With Sounds And Images, Nader T. Tavassoli, Jin K. Han

Research Collection Lee Kong Chian School Of Business

It is well established that reading alphabetic words is dominated by phonological (sound-based) processes, whereas phonological processes do not appear to dominate the processing of Chinese logographs, where visual processes are more pronounced (for reviews, see Tavassoli, in press; Zhou & Marslen-Wilson, 1999). Most previous demonstrations of these linguistic differences have relied on low-level processes that potentially do not involve short-term memory. For example, they have attempted to assess differences in the speed (measured in milliseconds) by which phonological and semantic information get activated in the brain. Our research adds to a growing stream of consumer behavior research that has …

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Kindness In Cyberspace? The Sharing Of Valuable Goods Online, Sheen S. Levine Jan 2001

Kindness In Cyberspace? The Sharing Of Valuable Goods Online, Sheen S. Levine

Research Collection Lee Kong Chian School Of Business

No abstract provided.

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Information And Communication Technology And Poverty: An Asian Perspective, M. G. Quibria, Feichin, Ted Tschang Jan 2001

Information And Communication Technology And Poverty: An Asian Perspective, M. G. Quibria, Feichin, Ted Tschang

Research Collection Lee Kong Chian School Of Business

Many commentators have extolled the virtues of new information and communication technologies (ICTs) in reducing poverty and improving the quality of life. While such arguments have been used before in relation to many predecessor technologies, including other earlier communications technologies, the promise has often floundered. This paper attempts to provide a more balanced analysis of the question, by exploring the linkages between the new ICTs and poverty reduction. It examines the linkages in two ways: the potential for direct impacts of ICTs on various areas of poverty and development, and the indirect impacts of ICTs on economic growth, exports and …

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Networking Strategy Of Boards: Correlates, Performance Effects, And Implications For Small And Medium-Sized Enterprises, Gerard George, D. Robley Wood, Raihan Khan Jan 2001

Networking Strategy Of Boards: Correlates, Performance Effects, And Implications For Small And Medium-Sized Enterprises, Gerard George, D. Robley Wood, Raihan Khan

Research Collection Lee Kong Chian School Of Business

Development of linkages with the external environment, e.g. interlocks, is a mechanism to access scarce resources. Creating and maintaining these linkages may be an organizational capability that creates a competitive advantage for small and medium-sized enterprises (SMEs). A partial model of networking strategy is proposed, which includes measures of board composition, interlocks, entrepreneurial orientation and environmental hostility. Analysis of 70 community bank Chief Executive Officer (CEO) responses (58% response rate) lends support to the proposition that firms with a networking strategy performed better (higher return on assets (ROA) and higher return on expenditure (ROE)) than those firms that did not …

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Organizational Attractiveness For Prospective Applicants: A Person-Organisation Fit Perspective, Filip Lievens, Christoph Decaesteker, Pol Coetsier, Jo Geimaert Jan 2001

Organizational Attractiveness For Prospective Applicants: A Person-Organisation Fit Perspective, Filip Lievens, Christoph Decaesteker, Pol Coetsier, Jo Geimaert

Research Collection Lee Kong Chian School Of Business

This study investigates which of four objective organisational characteristics determine the attractiveness of organisations for prospective applicants and the degree to which the Big Five personality factors moderate the effects of some of these organisational attributes. To this end, 359 final-year students (engineering and business majors, 71% men, mean age = 22.4 years) read short descriptions of organisations. These descriptions varied on four organisational characteristics (i.e. organisation size, level of internationalisation, pay mix, and level of centralisation). The students had to indicate their attraction to the organisation. Additionally, they provided self-ratings on a personality inventory. The results show that prospective …

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Social Logic As Business Logic: Guanxi, Trustworthiness And The Embeddedness Of Chinese Business Practices, Wai Keung Chung, Gary Hamilton Jan 2001

Social Logic As Business Logic: Guanxi, Trustworthiness And The Embeddedness Of Chinese Business Practices, Wai Keung Chung, Gary Hamilton

Research Collection School of Social Sciences

This chapter explores the nature of Chinese business practices by looking at their social foundations. We argue that the use of an inter-subjective logic based on the norms of social relationships provides an institutional foundation for economic transactions in Chinese business settings. The logic of social relationships-or what we call guanxi logic-is embedded in daily practices of the Chinese business community. Rather than making economic decisions less "economic", relational rules embedded in guanxi places interpersonal business transactions within a prescriptive framework, thereby increasing the calculability of economic outcomes. Guanxi logic is, therefore, a socially meaningful way to enhance economic rationality. …

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Using Computer Generated Assignments To Enhance Learning, Themin Suwardy Dec 2000

Using Computer Generated Assignments To Enhance Learning, Themin Suwardy

Research Collection School Of Accountancy

The assignment generator is a unique way of offering intellectual stimulation to students by providing them with different assignment data sets based on the same assignment specification. Due to the nature of first year accounting subjects, it is important to give students a major assignment that encompasses the full accounting cycle from journalising transactions through to preparing financial statements. Unfortunately, if all students have the same assignment specifications, the assignment is highly duplicable and the process may be seen to encourage cheating. The assignment generator provides unique assignments for each student and thus is one way of addressing the potential …

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Managing A Flow Line With Single-Kanban, Dual-Kanban Or Conwip, Kum Khiong Yang Dec 2000

Managing A Flow Line With Single-Kanban, Dual-Kanban Or Conwip, Kum Khiong Yang

Research Collection Lee Kong Chian School Of Business

To control the production of different parts on a single flow line, managers can choose between the Single-kanban, Dual-kanban, and Conwip. This paper therefore compares the three different systems. The results show that Conwip consistently produces the shortest mean customer wait time and lowest total work-in-process. Our results also contradict the finding of a previous study, which showed that Dual-kanban performed better than Single-kanban. The different findings can, however, be attributed to the use of a material transfer policy, which favors the Dual-kanban modeled in the previous study. Our study shows that transferring replenished containers immediately to downstream stations, increasing …

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Leadership In Computer-Mediated Communication: Implications And Research Directions, Gerard George, Randall G. Sleeth Dec 2000

Leadership In Computer-Mediated Communication: Implications And Research Directions, Gerard George, Randall G. Sleeth

Research Collection Lee Kong Chian School Of Business

Despite the importance of interpersonal influence processes in computer-mediated communication (CMC) environments, the emergence and functioning of leaders in CMC settings remains unstudied. An initial model and propositions address the possible extension of selected leadership models beyond face-to-face (FTF) communications and into the non-face-to-face CMC environment. We (1) model relevant variables for CMC leadership, (2) briefly review the implications of selected leadership models regarding these CMC variables, and (3) extend leadership models into the CMC sphere.

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An Efficient And Practical Scheme For Privacy Protection In E-Commerce Of Digital Goods, Feng Bao, Robert H. Deng, Peirong Feng Dec 2000

An Efficient And Practical Scheme For Privacy Protection In E-Commerce Of Digital Goods, Feng Bao, Robert H. Deng, Peirong Feng

Research Collection School Of Computing and Information Systems

It is commonly acknowledged that customers’ privacy in electronic commerce should be well protected. The solutions may come not only from the ethics education and legislation, but also from cryptographic technologies. In this paper we propose and analyze a privacy protection scheme for e-commerce of digital goods. The scheme takes cryptography as its technical means to realize privacy protection for online customers. It is efficient in both computational cost and communication cost. It is very practical for real e-commerce systems compared with previous solutions. The cryptographic technique presented in this paper is rather simple. But the scheme has great application …

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Collaborative Model And Algorithms For Supporting Real-Time Distribution Logistics Systems, Hoong Chuin Lau, Qi Zhang Liu Dec 2000

Collaborative Model And Algorithms For Supporting Real-Time Distribution Logistics Systems, Hoong Chuin Lau, Qi Zhang Liu

Research Collection School Of Computing and Information Systems

We study a complex optimization problem that arises due to an emerging trend in distribution logistics. The problem involves the integration of an inventory management problem and the vehicle routing problem with time windows, both of which are known to be NP-hard. We describe a collaborative approach to solve this problem in real-time. The novelty of our approach lies in the tight algorithmic integration between two sub-problems, and suggests an elegant scheme to deal with other integrated optimization problems of the same nature. For first sub-problem, we will present two algorithms: a complete mathematical model integrating integer programming with constraint …

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Electronic Commerce Strategy – Looking Through The Lenses Of An Innovation Strategy Model, A. Fruhling, Keng Siau Aug 2000

Electronic Commerce Strategy – Looking Through The Lenses Of An Innovation Strategy Model, A. Fruhling, Keng Siau

Research Collection School Of Computing and Information Systems

The world is in the midst of a revolution in the way businesses perform commerce. Many industries who were in the past relatively low tech are now finding themselves in a situation where they must embrace technology and prepare to compete head-on using ECommerce. This paradigm shift in thinking and competition is creating opportunities and chaos. This paper examines the innovation capability of organizations in evaluating and deploying their E-Commerce strategies. An Innovation Strategy Model is used in this research as the theoretical foundation. The case study and survey research methodologies were selected. Data gathering and analysis are in progress. …

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E-Commerce Systems: Architecture, Infrastructure, Model, And Development Methodology, A. Bajaj, Keng Siau Aug 2000

E-Commerce Systems: Architecture, Infrastructure, Model, And Development Methodology, A. Bajaj, Keng Siau

Research Collection School Of Computing and Information Systems

The last decade has seen tremendous growth in the world wide web (WWW) (Berners-Lee, Caillau, Luotonen, Nielsen, & Secret, 1994) and e-commerce, which now offers organizations and consumers a unique channel to deliver and purchase goods and services. E-commerce is popularly classified as B2B (business to business), B2C (business to consumer) and C2C (consumer to consumer). B2B e-commerce, which is currently the fastest growing segment of e-commerce (Fellenstein & Wood, 2000), consists of making more efficient the flow of goods and services across organizations. This efficiency is typically increased using standards for electronic data exchange, automating certain processes across organizations …

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Corporate Name Vs Brand Name: Demystification Of Controversy, B. C. Ghosh, Min Lie Chan, Wee Liang Tan Aug 2000

Corporate Name Vs Brand Name: Demystification Of Controversy, B. C. Ghosh, Min Lie Chan, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

The board of directors worry about it, researchers paper it, and ad men talk about it. But few managers really know whether or not image affects the purchase of the company’s products - particularly in the consumer market” [Hardy 1970, pg. 70]. Up till today, there remains a general lack of understanding of the determinants and consequences of corporate associations, though researchers have begun to make inroads [Brown, 1997]. Addressing the above issue, the overall objective of this paper is to determine if there is any congruence between promoting consumer brand name in the FMCG industry and the retailers’ corporate …

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E-Business Curriculum In Action At The University Of Nebraska-Lincoln, Keng Siau, S. Davis Aug 2000

E-Business Curriculum In Action At The University Of Nebraska-Lincoln, Keng Siau, S. Davis

Research Collection School Of Computing and Information Systems

Offering e-business/e-commerce courses no longer provides competitive advantages. They are now a competitive necessity. Schools already offering the courses are continuously refining the curriculum to keep up with the innovations in the area. Schools without these courses are frantically trying to put one together. Irrespective of whether a school is a leader or a lagger, all schools face the same problem -- how to keep the ebusiness curriculum up-to-date and relevant to industry. This article looks at the e-business curriculum at the University of Nebraska-Lincoln. It presents our curriculum objectives and the lessons learned.

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Developmental Financial Institutions As Catalysts Of Entrepreneurship In Emerging Economies, Gerard George, Ganesh N. Prabhu Jul 2000

Developmental Financial Institutions As Catalysts Of Entrepreneurship In Emerging Economies, Gerard George, Ganesh N. Prabhu

Research Collection Lee Kong Chian School Of Business

With ongoing privatization efforts in emerging economies, governments have supported developmental financial institutions (DFIs) to spur entrepreneurial activity. The authors use stakeholder theory to suggest that postprivatization stakeholders differ in their preference to seek DFI support. The authors then posit that national developmental priorities influence the DFI's willingness to be involved in the governance of the privatized firm, and they discuss implications of DFI involvement for value creation and entrepreneurship in emerging economies.

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Privatization In Emerging Economies: An Agency Theory Perspective, Bavi Dharwadkar, Gerard George, Pamela Brandes Jul 2000

Privatization In Emerging Economies: An Agency Theory Perspective, Bavi Dharwadkar, Gerard George, Pamela Brandes

Research Collection Lee Kong Chian School Of Business

The ineffectiveness of several privatized firms within emerging economies underscores the importance of agency theory issues and their impact on the privatization-performance relationship. The authors argue that weak governance and limited protection of minority shareholders intensify traditional principal-agent problems (perquisite consumption and entrenchment) and create unique agency problems (expropriation). The authors suggest that postprivatization performance can be enhanced by using appropriate ownership, management, and corporate structures that mitigate agency problems in the context of weak governance, and they highlight avenues for research.

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Justifying Electronic Banking Network Expansion Using Real Option Pricing: An Empirical Illustration, Michel Benaroch, Robert J. Kauffman Jun 2000

Justifying Electronic Banking Network Expansion Using Real Option Pricing: An Empirical Illustration, Michel Benaroch, Robert J. Kauffman

Research Collection School Of Computing and Information Systems

The application of real options analysis to information technology investment evaluation problems recently has been proposed in the IS literature (Chalasani et al. 1997; Dos Santos 1991; Kambil et al. 1993; Kumar 1996; Taudes 1998). The research reported on in this paper illustrates the value of applying real options analysis in the context of a case study involving the deployment of point-of-sale (POS) debit services by the Yankee 24 shared electronic banking network of New England. In the course of so doing, the paper also attempts to operationalize real options analysis concepts by examining claimed strengths of this analysis approach …

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