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Corporate Finance Commons™

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Engineering

Selected Works

2015

Articles 1 - 2 of 2

Full-Text Articles in Corporate Finance

An Analysis Of Delta's Oil Refinery Acquisition, Wilfred Manuela, Dawna Rhoades, Tamilla Curtis Jun 2015

An Analysis Of Delta's Oil Refinery Acquisition, Wilfred Manuela, Dawna Rhoades, Tamilla Curtis

Dr. Tamilla Curtis

Delta acquired an oil refinery in the first half of 2012 as a strategic move to hedge against higher fuel prices. Our paper analyzes the oil refinery acquisition, a backward integration strategy, on its financial and operational performance, for the period 2010–2014. The methodology involves descriptive statistics and short-term stock performance as well as an econometric model that estimates the impact of the oil refinery acquisition on Delta’s net income. The data set consists of quarterly financial and airline operations metrics data. The results indicate that it is too early to ascertain whether or not Delta’s oil refinery acquisition has …

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Why Toyota And Honda Topped The 2002 J.D. Power Quality Study, Susan Lightle, Kenneth Yale Rosenzweig, John Talbott Jun 2015

Why Toyota And Honda Topped The 2002 J.D. Power Quality Study, Susan Lightle, Kenneth Yale Rosenzweig, John Talbott

Kenneth Y. Rosenzweig

Toyota again topped the annual J. D. Power and Associates quality study released in late May of 2002. Toyota scored the highest mark ever with l 07 defects per l 00 vehicles, while Honda came in second with 113 defects. The study was based on responses of approximately 65,000 new car owners queried during their first 90-days of ownership. These results do not surprise us, as we have been fortunate to make numerous sojourns to the Toyota plant in Georgetown, Kentucky, and observe the manufacturing processes. These trips were normally facilitated by a former Japanese student of ours, Minako Yanke, …

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