Now showing items 31-39 of 39
The Elusive Monitoring Function of Independent Directors
(2018-06)
Federal law mandates that audit and compensation committees of public companies be comprised entirely of independent directors. The assumption underlying these legal requirements is that independent directors are more ...
Optimal Supply Chain Structure for Distributing Essential Drugs in Low Income Countries: Results from a Randomized Experiment
(2015-03)
Despite increased investments in health commodity procurement, the availability of essential medicines at health facilities remains very low in many low and middle income countries. The lack of a well-functioning supply ...
A Theory of Multi-Tier Ecolabel Competition
(2016-01)
We model competing ecolabels sponsored by an industry trade association and an environmental group. For either sponsor in autarky, multi-tier labels are more attractive when there are many producers with high cost of ...
Supervising Across Borders: The Case of Multinational Hierarchies
(2014-08)
This paper examines how multinational corporations (MNCs) selectively assign supervisory responsibilities to units in countries with varying levels of institutional quality. Arbitraging across institutional contexts is an ...
Product Variety and Vertical Integration
(2016-04)
In vertical relationships the potential for scale economy in manufacturing often calls for specialization and outsourcing. Specialization, however, depends critically on the stability of the task and contractual environment. ...
Dynamic Pricing with Point Redemption
(2018-03)
Many sellers allow consumers to pay with reward points instead of cash or credit card. While the revenue implications of cash purchases are transparent, the implication of reward sales is not trivial, when a firm that ...
Welfare Implications of Congestion Pricing: Evidence from SFpark
(2017-05)
Congestion pricing offers an appealing solution to urban parking problems. Charging varying rates across time and space as a function of congestion levels may shift demand and improve allocation of limited resources. It ...
A Corporate Governance Perspective on the Franchisor- Franchisee Relationship
(2014-07)
The franchisor-franchisee relationship is unique in that it has characteristics of both an arm’s length business transaction as well as an ongoing business relationship. As time goes by, however, the interests of the parties ...
Ethical Infrastructures and Evidence-Based Corporate Compliance and Ethics Programs: Policy Implications from the Empirical Evidence
(2015-12)
In 2016 it will be the twenty-fifth anniversary of Organizational Sentencing Guidelines (OSG), which has been the single greatest influence on the structure of corporations’ compliance programs. The government and corporations ...