Business Commons^™

Capacity Planning With Financial And Operational Hedging In Low‐Cost Countries, Lijian Chen, Shanling Li, Letian Wang

MIS/OM/DS Faculty Publications

The authors of this paper outline a capacity planning problem in which a risk-averse firm reserves capacities with potential suppliers that are located in multiple low-cost countries. While demand is uncertain, the firm also faces multi-country foreign currency exposures. This study develops a mean-variance model that maximizes the firm’s optimal utility and derives optimal utility and optimal decisions in capacity and financial hedging size. The authors show that when demand and exchange rate risks are perfectly correlated, a risk- averse firm, by using financial hedging, will achieve the same optimal utility as a risk-neutral firm. In this paper as well, …

Preface: The Legal And Ethical Environment Of Business, Terence J. Lau, Lisa Johnson

Management and Marketing Faculty Publications

In writing The Legal and Ethical Environment of Business, Terence Lau and Lisa Johnson had simple aims:

• To present the often overwhelming legal environment of business in an exciting and relevant way
• To provide faculty a way of achieving that goal

WHAT'S NEW IN 2.0:

RELEVANT CASES & EXAMPLES

With updated information in each chapter, this textbook will continue to illustrate the relevance of law and ethics to the happenings of the present day.

NEW AREAS OF COVERAGE:

Agency law, ethics, bankruptcy, consumer protection, debtor-creditor relations, and secured transactions. Some of this material may be contained in one or …

The Promises And Challenges Of Innovating Through Big Data And Analytics In Healthcare, Donald E. Wynn, Renée M. E. Pratt

MIS/OM/DS Faculty Publications

In this article, we present the promises and challenges of big data and analytics (BD&A) in healthcare, informed by our observations of and interviews with healthcare providers in the US and European Union (EU). We then provide a set of recommendations for capitalizing on the extraordinary innovation opportunities available through big data.

Job Design: A Human Approach Through Catholic Social Teaching And Job Design Theories, Thomas Decastra

Honors Theses

“Job Design: A Human Approach through Catholic Social Teaching and Job Design Theories” is a thesis that looks at the stories of job design theories and catholic social teaching in the last 150 years. Both stories are told and analyzed independently. The story of job design theories begins with Fredrick Taylor, moves to applied psychology, and finishes with contemporary practices that include lean production. The story of Catholic Social Teaching starts with Pope Leo XIII’s Rerum Novarum, includes one document from Second Vatican Council, and three other papal encyclicals ending with Pope Benedict XVI’s Caritas in Veritate. Then …

An Analysis Of Risk-Taking Behavior For Public Defined Benefit Pension Plans, Nancy Mohan, Ting Zhang

Economics and Finance Faculty Publications

This paper presents the first comprehensive study on the determinants of public pension fund investment risk and reports several new important findings. Unlike private pension plans, public funds undertake more risk if they are underfunded and have lower investment returns in the previous years, consistent with the risk transfer hypothesis. Furthermore, pension funds in states facing fiscal constraints allocate more assets to equity and have higher betas. There also appears to be a herding effect in that CalPERS equity allocation or beta is mimicked by other pension funds. Finally, our results suggest that government accounting standards strongly affect pension fund …

Walk The Talk: A Sample Of Cases, Jay J. Janney

Management and Marketing Faculty Publications

Document provides examples of cases used in past Walk the Talk business ethics discussions of the University of Dayton School of Business Administration's Center for the Integration of Faith and Work. Students are provided these cases as models for entries in the Walk the Talk Case Writing Competition. The competition is open to all UD undergraduate business students. See the competition website.