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The Value Relevance Of Announcements Of Transformational Information Technology Investments, Bruce Dehning, Vernon J. Richardson, Robert W. Zmud Dec 2003

The Value Relevance Of Announcements Of Transformational Information Technology Investments, Bruce Dehning, Vernon J. Richardson, Robert W. Zmud

Accounting Faculty Articles and Research

In this paper, we examine the influence of IT strategic role to extend the findings of Im et al. (2001), Chatterjee et al. (2002) and Dos Santos et al. (1993). Specifically, we demonstrate that IT strategic role can explain how IT investments in each of the IT strategic roles might affect the firm's competitive position and ultimately firm value. We find positive, abnormal returns to announcements of IT investments by firms making transformative IT investments, and with membership in industries with transform IT strategic roles. The results of previous research are not found to be significant when IT strategic role …


A Real-Time Data Set For Macroeconomists: Does The Data Vintage Matter?, Dean D. Croushore, Tom Stark Aug 2003

A Real-Time Data Set For Macroeconomists: Does The Data Vintage Matter?, Dean D. Croushore, Tom Stark

Economics Faculty Publications

This paper uses a real-time data set to analyze data revisions and to test the robustness of published econometric results. The data set consists of vintages, or snapshots, of the major macroeconomic data available at quarterly intervals in real time. The paper illustrates why such data may matter, examines the properties of several of the variables in the data set across vintages, and examines key empirical papers in macroeconomics, investigating their robustness to different vintages.


2003-2004 Residence Halls Association Executive Meeting Minutes, Morehead State University. Housing & Residence Education Office. Jan 2003

2003-2004 Residence Halls Association Executive Meeting Minutes, Morehead State University. Housing & Residence Education Office.

Housing & Residence Education Records

Meeting minutes for the Executive Resident Hall Association of Morehead State University for 2003 and 2004.


2003-2004 Residence Halls Association Meeting Minutes, Morehead State University. Housing & Residence Education Office. Jan 2003

2003-2004 Residence Halls Association Meeting Minutes, Morehead State University. Housing & Residence Education Office.

Housing & Residence Education Records

Meeting minutes for the Resident Halls Association of Morehead State University for 2003 and 2004.


Large Retail Developments In Ireland: An Overview, Edmund O'Callaghan Jan 2003

Large Retail Developments In Ireland: An Overview, Edmund O'Callaghan

Conference proceedings

This paper illustrates the Irish public policy response to the location and development of large stores, through new planning guidelines issued in 2001. These guidelines provide the basis for a framework to guide local authorities in preparing development plans, in line with the broad principles of ‘sustainable development’. The context against which the new planning guidelines were deemed necessary is outlined. The paper concludes that the new guidelines will not seriously hinder non-food formats, nor disadvantage potential new international or national entrants. While it will limit large food-store development, average food-store size will continue to increase and existing operators will …


Corporate Constitutionalism: Antitakeover Charter Provisions As Pre-Commitment, Marcel Kahan, Edward B. Rock Jan 2003

Corporate Constitutionalism: Antitakeover Charter Provisions As Pre-Commitment, Marcel Kahan, Edward B. Rock

All Faculty Scholarship

Constitutions constitute a polity and create and entrench power. A corporate constitution - the governance choices incorporated in state law and the certificate of incorporation - resembles a political constitution. Delaware law allows parties to create corporations, to endow them with perpetual life, to assign rights and duties to "citizens" (directors and shareholders), to adopt a great variety of governance structures, and to entrench those choices. In this Article, we argue that the decision to endow directors with significant power over decisions whether and how to sell the company is a constitutional choice of governance structure. We then argue that …