The concept of Most Favored Nation has not been lost on the business world, where corporations frequently write Most Favored Customer clauses into contracts with their largest customers, guaranteeing them the lowest price in markets where prices vary. The government has tried to capitalize on the idea, too, but in the case of Medicaid, says a Stanford researcher, it was a bad idea.
After analyzing the reasons for instituting the Glass-Steagall Banking Act, Stanford Business School researcher Manju Puri suggests that barriers dividing commercial and investment banks be relaxed.
Top students from around the world are coming to Chicago to enroll in DePaul University's unique international MBA program that integrates marketing and finance with an international focus.
In a speech on the function and purpose of the Federal Reserve System, a Simon School professor and noted economist argues that inflation is the one variable which the Fed truly can control; he sees zero inflation as a realistic goal.
With a proactive stance on compulsive gambling, the gaming industry is doing what's right for customers and may be winning friends and influencing enemies. One of its efforts is a guide compiled by a Purdue University professor to help the industry deal with those addicted to gambling.
One incentive which drives firms to engage in the complex practice of hedging their investments is the potential to reap tax benefits. A new paper co-authored by a Simon School professor explores and analyzes this aspect of hedging, using a powerful new model of the corporate tax code.
In a new paper, a Simon School operations management professor details his unorthodox use of economic principles in teaching operations strategy to his M.B.A. students.
Discretionary accruals may offer managers a means to portray a company's true financial condition, but they can also be manipulated opportunistically to boost a manager's personal performance record. A Simon School research team offers new analysis on the issue, and cautions those who would step too quickly into the camp that cries "foul."
Charles I. Plosser, dean of the William E. Simon Graduate School of Business Administration at the University of Rochester, is one of five graduate business school deans joining the Board of Directors of the Graduate Management Admission Council (GMAC)--the global organization of graduate business schools.
Johns Hopkins economist Steve Hanke, one of the world's leading proponents of the currency board form of monetary policy (as opposed to central banking), has been named economic adviser to the recently elected president of economically struggling Bulgaria.
The dreams of cultural landscape historian John Brinckerhoff (J.B.) Jackson will live on at the University of New Mexico School of Architecture and Planning through a major bequest recently announced by the Jackson Trust.
A Purdue University professor sugggests that employers should provide their workers with a little more financial support than just a salary. Flora Williams suspects that financial counseling for workers might help companies improve profitability.
Robert J. Swieringa, professor of accounting at Yale's School of Management and a former member of the Financial Accounting Standards Board, has been named dean at Cornell's Johnson Graduate School of Management. Swieringa gained wide visibility and influence in the corporate community through his work with FASB.
The federal government pumps more than a billion dollars in subsidies each year into developing cleaner-burning automotive fuels, but we might not be getting much environmental bang for the buck. That's according to research by Kevin N. Rask, associate professor of economics at Colgate University in Hamilton, NY.
The age of information is also the age of organization. The authors set an agenda to make organizations more responsive to the ethical needs of information handling, as well as usage.
Rushing radically innovative new products to market with a minimum of "polish" may give large U.S. companies a competitive edge over their Japanese counterparts in emerging or "high uncertainty" markets, according to research at The University of Alabama in Huntsville. This "radical" recommendation comes from a seven-year study of 104 new electronics products developed in the U.S. and Japan.
The first national seminar March 21-28 in Community Economic Development will teach people how to make a valuable contribution in their community by helping it prosper economically. Participants gain skills in community leadership and economic development while gathering knowledge about the popular new field.
After extensively studying models of Internet pricing among competing networks, researchers at the University of Texas found that usage-based pricing can be far more profitable than the flat pricing scheme introduced by America On Line (AOL). The customer dissatisfaction with on-line congestion and pending law suits against access providers highlight the short-sightedness of this current pricing strategy.
Equity investments in entrepreneurial firms continue to grow in number and dollar amounts from both venture capital and private investment sources. Increasingly, these two sources of capital play an important role in the development of new and existing entrepreneurial ventures. Due to the sometimes hurried attempt to turn their dream into a reality, entrepreneurs may fail to consider similarities and differences in the value-added benefits supplied by venture capital firms and private investors. Who the entrepreneur gets his/her money from is just as important as how much capital is obtained initially.
Research Triangle Institute and Adams Consulting Group, Inc. have announced the availability of a tool that will help organizations evaluate whether Virtual Reality (VR) training programs are appropriate for specific training needs. VR Training Decision Tool gives managers and professionals in training, performance improvement, information technology, human resources, multimedia development, safety, manufacturing and other fields a way of quantifying the decision to use VR. This tool is available free of charge.
One of the hot new trends in management -- worker participation -- has been touted as a boon to employees because it allows them to play an active role in making decisions involving their jobs. But such management systems, which often involve workplace teams, may hurt relations among co-workers, a new study suggests.
The biggest winners in an investment market may be playing the game according to their own rules, rather the "rational" economic rules followed by most investors.
The 1959 Ford and Carnegie reports on business schools caused severe and probably permanent damage to business education, forcing it into a narrow and overly-theoretical mold, says dr. Carter Daniel, of Rutgers Graduate School of Management, in his forthcoming book "MBA: The First Century."
Black women managers exhibit characteristics that give them exceptional strength, says Assistant Professor DT Ogilvie of Rutgers Graduate School of Management. They are more likely to have male-associated traits as well as female ones, to sense gender inequality strongly, to be able to handle several roles at once, and to break down traditional constraints.
Researchers from Resources for the Future in the United States and Chulalongkorn University in Thailand today announce the start of their collaborative investigation of a proposed dam's impact on local forest communities -- an impact that is often not accounted for in development planning in Southeast Asia.
Unless the world's food-growing nations improve their resource-management practices, life in the 21st century will be as tough as it is now in the 80 countries that already suffer serious water shortages, a new Cornell University study warns. As a start, governments should end irrigation subsidies that encourage inefficient use of water and instead reward conservation.
Economic cooperation offers the Middle East such clear benefits that it will eventually prevail over hostility. Jerry Rosenberg, Professor and Chair of International Business at Rutgers, and an active participant at mid-east economic summits, has a model for such cooperation.
Japanese managers are more likely to use reason, reciprocity, and rewards--and to be more controlling--in dealing with Western subordinates, says Asha Rao, Assistant Professor of Managemnent at Rutgers Graduate School of Management.
In a 15-month study, more than 50 leading U.S. manufacturers joined with academic researchers and government experts to identify forces likely to shape competition into the next century. Rapid marketplace change, the Next Generation Manufacturing Project concludes, will require an unprecedented shift in how manufacturers employ and train workers, use information technology, and design plants and equipment.
Wildlife Conservation Society researcher develops a new trawl net that drastrically reduces the number of undersized fish caught in the high-volume commercial pollock fishery -- the world's largest trawl fishery. In the U.S. alone, pollock catches $6 billion in 1994. This new net will affect this industry with in the next year.
The new Intel Pentium MMX microprocessor may lure buyers because a new study shows a majority of current World Wide Web users have begun to experience hardware and software problems when attempting to test new innovations.
National tax reform may have a substantial impact on the environment as well as on economic growth, researchers at Resources for the Future and Stanford University suggest. They have recently launched a study of the environmental implications of three alternative tax plans -- the flat tax, the national sales tax, and the unlimited savings account tax -- now under discussion in Congress.
Purdue University's Center for Agricultural Business (CAB) is celebrating its 10th year as a link between the university and the agricultural marketplace.
Relatively small U.S. companies probably should not invest the money that is needed to develop industrial products which are technically superior and have superior performance.
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