Bank Asset Management: A Study Of A Linear Program Model Developed By D. Chambers And A. Charnes, Christopher Crosby Inman

Anderson School of Management Theses & Dissertations

STATEMENT OF THE PROBLEM

Bank management is constantly faced with the task of maximizing asset profitability within the constraints of liquidity and safety. In an attempt to aid management in the solution of this problem, several asset management models and theories have been developed. One such model was developed by D. Chambers and A. Charnes and was presented in the July, 1961 issue of Management Science. This model utilizes a linear programming approach to determine an optimal asset portfolio which maximizes profits while satisfying a bank's liquidity and safety needs. The purpose of this thesis is to critique this model. …

Risk And Uncertainty As Barriers To Entry To The Ready-To-Eat Breakfast Cereal Industry In The United States, James Hyland Ryan

Anderson School of Management Theses & Dissertations

This paper examines entrance barriers to the ready-to-eat breakfast cereal industry in the United States. Research studies and primary data are examined for the purpose of demonstrating the existing product-market synergy differential between industry participants and potential entrants to this market. This synergy differential is then examined in relation to the perceived risk associated with a breakfast cereal product investment, when viewed by a potential entrant vis-a-vis an industry participant. Explanatory models are formulated and developed which describe the relationship between the rate of return on investment and the risk/uncertainty inherent in the cereal industry.

Risk Classes And The Required Rate Of Return On The Common Stock Of A Firm, Robert Lee Cheek

Anderson School of Management Theses & Dissertations

This paper proposes a method of examining the assump­tion that there are homogeneous risk classes of firms which will have the same required rate of return on the common stock, the risk classes being defined as those firms whose expected average income is subject to the same degree of uncertainty. This assumption, proposed by Franco Modigliani and Merton H. Miller in their famous work on the cost of capital to a firm, has tended to be neglected in the empirical studies, and in particular the tests of Alexander Barges, which have been made during the recent years. The method proposed …

Boulwarism: A Study Of A Collective Bargaining Technique, Candelario Trujillo Jr.

Anderson School of Management Theses & Dissertations

The collective bargaining technique labeled "Boulwarism" derives its name from Lemuel R. Boulware who introduced a program of job marketing at GE in 1948. The major precepts of Boulwarism are:

1. That management is in the best position to allocate the resources of the company.

2. That a company offer will be changed only on receipt of new information supplied by the unions, but this should not occur because of the year round research conducted by the company.

3. That a direct communications approach with its workers is more desirable.

This study has attempted to evaluate "Boulwarism'' on the basis …

An Empirical Test Of Financial Theory Relating To Utilities In The Capital Market, Gary Owen Glenn

Anderson School of Management Theses & Dissertations

By observation of the average cost of new debt capital, average market price per share of common equity, average earnings per share of common equity, and average price-earnings ratios, it is apparent that utilities are facing a deteriorating competitive situation in the capital market in relation to industrials. It was the purpose of this study to determine if these deteriorating characteristics were statistically significant or whether they were strictly attributable to chance. It was also to be determined if the movements in the utilities' average cost of new debt capital were significantly related in a statistical sense to the movements …

An Empirical Study Of Superior-Subordinate Personal Values And Performances Evaluation, Robert T. G. Lassiter

Anderson School of Management Theses & Dissertations

Although numerous performance evaluation techniques have been developed, such as graphic rating scales, check lists, paired comparisons, critical incident, etc., there remains an element of human judgement in their application, ad judgment is affected by personal values. The relationship of value or orientations to interpersonal relations, understanding, communications, decision making, and the evaluation of decision has clear-cut implications to the problems associated with performance evaluation. In the administrative setting, the white collar worker' performance is interpersonal relations, communications, and decision making. This is particularly true of the 68 people who participated in this study, since they were all engaged in …

The Emerging Importance Of Mental Health Programs In Industry And The Implications Of Related Legislative Action, Jack D. Rex

Anderson School of Management Theses & Dissertations

At the close of the nineteenth century, the accepted common law defenses of Contributory Negligence, Assumption of Risk, and Negligent Acts of Fellow Servants were interpreted by the courts as being too harsh on the claims of inured workers. As a consequence, the principle of common law declaring the employer responsible for the injury or death of employees resulting form a negligent act on his part became the accepted recourse. By 1910, many state legislatures had adopted the principle that employees do not assume the risk of their employment, thus setting the stage for the enactment of Workmen’s Compensation laws …

A Queuing Theory Approach To Short-Haul Movements Under Constraints Of Time, Volume, And Unknown Behavioral Considerations, James Gerard Morris

Anderson School of Management Theses & Dissertations

The problem of parking in general and student parking in particular has become a matter of considerable interest on the University of New Mexico campus. Open parking space within a five-minute walking distance to central classroom buildings has become virtually non-existent during the peak hours of classroom activity. Evidence of student discontent over this problem is readily apparent in their letters to the student newspaper. Unbeknownst to most students, the situation is due to worsen. The University of New Mexico architect and Chief Planner, Robert Riley, has stated that within three years, no central campus parking will be available to …

Measurement And Analysis Of The Image Of An Automobile Dealership, John Harry Zoller

Anderson School of Management Theses & Dissertations

Every entity, human or not, projects an image to its public, and this image is an important factor in determining how that entity is received by and interacts with that public.

An Empirical Investigation Of Employee Need Expression During A Crisis Situation, Wade Raymond Helm

Anderson School of Management Theses & Dissertations

The purpose of this research project was to test the effects of a crisis situation upon employee need expression. Two hypotheses were tested. The first stated that a group of employees experiencing a crisis would have needs lower in the need-structure, as theorized by Abraham Maslow, than would a group of employees not in a crisis situation. The second hypothesis stated that the group of employees in crisis would exhibit depressed future expectations as compared to the group of noncrisis employees. Ninety-nine employees were used as subjects. Fifty-four were in the experimental group. Forty-five were in the control group. The …

An Evaluation Of The Accounting Systems Presently Used By Certain Non-Profit Corporations Engaged In The Activities Of Medical Education And Research, Harold E. Snider

Anderson School of Management Theses & Dissertations

Foundations as humanistic institutions have existed for centuries. The foundation as an American institution has come of age in the last fifty years. Many types exist in this country and their purposes for existence are quite varied. In recent years the foundation has increasingly been used as a legal entity for conducting medical education or research. Several of these foundations have joined together in an association to discuss solutions for their common research and business problems. This association is known as the Association of Independent Research Institutes.

An Investigation Of Accounting Report Usage In New Mexico's Wholesale Alcoholic Beverage Industry, Robert B. Whitham

Anderson School of Management Theses & Dissertations

The purposes of this study of internal accounting reports in the alcoholic beverage industry in New Mexico are to determine the types of reports being prepared, to determine the uses being made of the reports, and to relate, by means of a sample, the costs of preparing these reports to the effects of their usage on profits. The term "internal accounting reports" is used in this study to mean reports containing accounting information which are directed to non-accounting personnel within the firm.

A Criterion Of Rationality In Performance Evaluation, Louis Herbert Pitts

Anderson School of Management Theses & Dissertations

Employees very likely will be judged on performance whether or not there exists a formal program complete with a professionally trained staff to perform that important function.

A Critical Evaluation Of The Sources Available For Dividends In New Mexico, D. Dennis Royer

Anderson School of Management Theses & Dissertations

Only four UN member nations–the U.S., the U.S.S.R., Great Britian, and France—did more than that.

An Investigation Of The Kolmogorov-Smirnov Method Of Data Validation To Reduce Buyer Inspection Costs, John R. Costello

Anderson School of Management Theses & Dissertations

One of the major functions of any inspection, quality control or quality assurance organization is to provide assurance to management that their products are of adequate quality. Furthermore, management desires this function to be performed at the minimum cost commensurate with its objectives. It has been reported that inspection organizations used sampling inspection prior to 1920 to achieve their objectives but the sampling plans used were arbitrary with little scientific basis. During the 1920's the Western Electric Company made a major breakthrough with the development of the Shewhart control chart and the Dodge-Romig sampling tables. However, it was not until …

The Susceptibility Of Price Declines Among High Quality Common Industrial Stocks And Other Listed Common Industrial Stocks During Significant Market Declines, Walter D. Sanborn, Iii

Anderson School of Management Theses & Dissertations

All common stock investments are subject to market declines regardless of favorable prospects for growth of earnings, dividends, or other factors contributing to market performance. In times of significant market declines, even the highest quality stock with excellent appreciation potential may decline. A qualified security analyst may find that stock "XXX' is a high quality stock and recommend its purchase, but if the stock market falls, the competent investor will lose wealth, at least temporarily, in spite of his careful job of security analysis. If investors had an analytical tool to help predict these declines, they would be able to …

Price-Determining Factors In The Processed Fruit And Vegetable Industry, Charles H. Hatfield Jr.

Anderson School of Management Theses & Dissertations

The lack of any firm basis for pricing decisions in the processed fruit and vegetables industry was first brought to my attention by contact with some executives of the California Packing Corporation where I was employed for two years. Their consensus was that available supply was the most important factor in such determination, even though its relationship to price was only realized in a vague, ever-shifting manner. It is hypothesized both that a substantial basis on which to place pricing decisions could be determined and further that a demand function, based on utility analysis, would provide such a description of …

An Inquiry Into The Role Of The Realization Concept In The Income Determination Process, Stephen E. Snyder

Anderson School of Management Theses & Dissertations

It has become commonplace to refer to accounting as the language of business. This analogy is usually made to emphasize that accounting is, in part, a communication process. As a language, accounting attempts to communicate financial information about the business environment to interested parties. The receivers of accounting information can be classified into one of two broad groups: managers of business firms and parties outside of the firm. The problems involved in reporting to the two different groups are in many ways almost unrelated to each other.

An Exploratory Study Of Naval Officer Counseling, Antone M. Weiler

Anderson School of Management Theses & Dissertations

Naval officers are formally evaluated each year relative to their performance of duty, their character, and their ability to assume more responsible positions within the United States Navy. There is no requirement to counsel the officer on his performance duty. Therefore, counseling of an officer rarely, if ever, occurs and the evaluation report becomes merely a tool to be used by members of the Bureau of Naval Personnel in Washington, D.C.

Criteria For Effective Appraisal Of Junior Executives, Albert I. Pierce

Anderson School of Management Theses & Dissertations

One of the more important challenges facing responsible and conscientious managerial practitioners today is the identification and application of the criteria needed for effective appraisal of junior executives. The primary objective of this investigation of contemporary managerial practices relating to the appraisal of junior executives was to identify valid and reliable qualitative criteria. Focus and direction was provided by the hypothesis that there are available valid and reliable sets of qualitative criteria for effective appraisal of junior executives. The framework established for the conduct of this investigation included an attempt to define the management function and a concept of the …

A Computerized Partnership Accounting Model For Use On The Ibm 360 With Applications To Teaching Beginning Accounting, Janet Eck

Anderson School of Management Theses & Dissertations

Students of business and businessmen no longer require assurance that the digital computer will play a vital role in commercial activity. Simple observation will substantiate the acceptance of electronic data processing by private enterprise. At the university, the necessity of providing an elementary introduction to data processing for business students has become clear. Unfortunately, education in data processing does not always cross disciplinary boundaries. All too often, a student acquires a knowledge of computers in one course and continues to make tedious manual computations in another. Efforts to integrate data processing and accounting education have, to date, been minimal. It …

Theory Of Perpetuating Deprivation Factors: A Study Of Oppressive Factors In Selection And Payment Of Negro Personnel, Wilbur W. Bigelow

Anderson School of Management Theses & Dissertations

In surveying the industrial scene one becomes impressed with the economic deprivat1on of the American Negro. In most cases, Negroes find their pay checks substantially smaller than those or their white counterparts. Negroes are usually the first to be released during production cut backs regardless of their productivity. It is to this problem that the paper directs its attention. Chapter I introduces the problem in some depth and then hypothesizes a number of causes. Herein a causation model is used to illustrate how a series or factor responses may initiate the problem. The remainder or the thesis attempts to establish …

Problems In The Formulation Of A General Global Marketing Plan, Homer Leroy Crumley Jr.

Anderson School of Management Theses & Dissertations

Global marketing is becoming a way of life for many United States business firms. Current estimates indicate that approximately sixty per cent of all United States firms with more than one hundred employees are now marketing their products on a global basis. A recent survey by McKinsey and Company indicated that 100 of the leading U.S. companies, accounting for more than half of total U.S. corporate investment abroad, are increasing their overseas investments almost five times as fast as their domestic assets. A significant number of U.S. companies plan on deriving a significant share of their sales, profit, and future …

The Use Of Value Engineering In The Aerospace Industry, Ranson J. Gaskill

Anderson School of Management Theses & Dissertations

The purpose of this paper is to exemplify the techniques and uses of value engineering and to evaluate their significance in the aerospace industry. The recent development of value engineering stems from several basic factors. The highly competitive nature of the aerospace industry since World War II has placed increasing importance on cost-oriented efforts. At the same time the characteristics of the industry require exceptional levels of reliability and product research as well as compressed delivery schedules. Fiscal procurement policy changes by the government have also emphasized the increasing concern over aerospace costs. Considering the fact that government aerospace expendtures …

The Development Of A Global Marketing Plan: A Case Study Of An Individual International Organization, Rex W. Lasley

Anderson School of Management Theses & Dissertations

In many parts of the world, recent years have brought with them a rapid increase in such things as new products on the market, new consumer demands, as standards of living increase, and new and faster transportation to join these supply and demand elements. One part of the world may be better suited, in terms of land, labor, capital, technology, and management to produce a given product than another. Thus the idea of global marketing has been raised from a position of comparatively minor importance to that of the complex giant it is today.

A Technique For The Evaluation Of Competitive Marketing Strategies, Roger D. Eck

Anderson School of Management Theses & Dissertations

As originally conceived, this thesis would have defended a preferred marketing strategy for use in the United States for electrical impulse counters. Such as effort would have required the collection of sufficient data to permit the formulation and testing of a model of the market for electrical impulse counters. With a defensible model- -that is, a model of acceptable accuracy- -the extent to which each of several alternative marketing strategies might satisfy a specified set of objectives could have been evaluated. Investigation indicated that the required data could not be obtained at an acceptable cost in time. In its present …

Development Of Automation Of The First National Bank Of Albuquerque, Donald R. Douglass

Anderson School of Management Theses & Dissertations

The following thesis is submitted to fulfill partially the requirements for the degree of Master of Business Administration from the University of New Mexico, Albuquerque, New Mexico. Entitled "Development of Automation of the First National Bank of Albuquerque", it relates the historical background and the development of the automation of demand-deposit accounting procedures at that New Mexico bank. In our ever-growing economy, banking has and will continue to play an increasingly vital role. The growth of its mechanisms and facilities is important and pertinent to each and every citizen. Automation is the latest, and perhaps one of the most striking …

A Study Of Long-Term Leases As A Method Of Financing And Their Disclosure In Corporate Financial Reports, Wendell A. Nelson

Anderson School of Management Theses & Dissertations

The widespread distribution of corporate securities and the growth of the corporate form of business have made it necessary to develop better methods for the distribution of information to interested parties. Corporation managers have an obligation to supply information to owners, prospective investors and regulatory bodies. Over the years techniques have been developed for reporting information to these owners and other int rested parties.

A Test Of Criteria For Federal Aviation Agency Control Of High Density Terminal Area Air Traffic, Raymond Jui-Min Wan

Anderson School of Management Theses & Dissertations

Airspace is an important resource and its proper or improper utilizat1on will have a profound effect upon the future of the United States. The use of airspace will have an impact not only on transportation, public safety, economic and military posture, but also on the public's convenience and pleasure. The responsibility for air traffic control rests with the Federal Government and is vested in the Federal Aviation Agency (FAA). The National Airspace Utilization Policy, which is executed by the President of the United States, sets the general guidelines for controlling air traffic and the FAA to carry forward the guidelines …

Direct Costing, Gordon J. Paul

Anderson School of Management Theses & Dissertations

Cost accounting developed in three stages, the later ones building on the earlier. These stages are, in order of development: Cost finding, cost control, and cost analysis and projection.