Now showing items 1-10 of 250
Business Decisions and the Environment: Significance, Challenges, and Momentum of an Emerging Research Field
(2004)
Over the past four decades, the concept of corporate environmentalism was born and redefined through multiple iterations. Concurrent with this evolution in corporate practice has been the emergence of academic research ...
Bargaining Power and Supply Base Diversification
(2009-12)
We examine a supply base diversification problem faced by a buyer who periodically holds auctions to award short term supply contracts among a cohort of suppliers (i.e., the supply base). To mitigate significant cost shocks ...
Momentum and House Price Growth In the U.S.: Anatomy Of a "Bubble"
(2009-01)
This paper analyzes the bubble in property values in the U.S. in the period from 1999 through 2005. We define a bubble as a regime shift characterized by a change in the properties of house price deviations from underlying ...
Fiduciary Constraints: Correlating Obligation With Liability
(2007-05)
State law seems to be ratcheting up the scrutiny of corporate behavior including the behavior of officers and executives. In this article we consider the issues that are likely to arise as officer conduct is scrutinized ...
“Supply Disruptions, Asymmetric Information, and a Dual Sourcing Option
(2008-09)
We study a manufacturer's strategic use of a dual-sourcing option when facing suppliers who possess private information about their likelihood of experiencing a supply disruption. The manufacturer can diversify its supply ...
Financially Constrained Stock Returns
(2006-07)
More financially constrained firms are riskier and earn higher expected returns than less financially constrained firms, although this effect can be subsumed by size and book-to-market. Further, because the stochastic ...