Library: Business

Where banking is going in the future? What do banks want to see from the regulators of their particular niche of the banking industry? What do they expect customers to want from the new and exciting delivery channels that are coming into being? What major trends are going to matter during the next five and ten years? How do institutions see their own financial future?; These are main probing questions that we have been asking ourselves during the course of the research. The presentation of this work is organised to give the reader flexible means of understanding the major trends of the Global ...

Remuneration may be viewed as more than merely a cost in doing business. It may be used as a motivational tool to help achieve a multitude of strategic goals. Within the global context, effective use of this tool requires addressing not only motivational factors but also cultural factors. In this thesis, factors are considered within a multinational corporate framework and within a Cultural Remuneration Model. The model defines corporate culture, professional culture, national culture and individual characteristics as factors influencing employee values associated with remuneration prefer...

This study examines the question of whether or not the technology of bullock traction has spread in northern Ghana between 1982/83 and 1993/94 and, furthermore, what factors determine changes in the pattern of the adoption of bullock traction in this area. The introduction to the problem and the objectives of the study in chapter one are followed by a theoretical section in chapter two that focuses on the question why one would have expected a further spread of bullock traction. This chapter explains the direct benefits of bullock traction and reviews the current state of knowledge of this i...

This research of corporate strategy analysis implements comparative analysis and benchmarking to analyse and examine the corporate strategy of the pharmaceutical sectors of 4 international pharmaceutical companies. Most existing studies of pharmaceutical industry have been limited to some specific fields such as the R&D ability, new products launch time, acquisitions, and alliances. Little has been known about the analysis of corporate strategy and comparison of pharmaceutical industry by both internal and external factors...

This study examined the relationship between the education heterogeneity of top management teams and organizational performance measured as long-term total shareholder returns. The subjects were 46 publicly traded North American insurance companies that had been traded for at least five years. I employed two metrics to measure education heterogeneity. One metric assessed the education heterogeneity of top management teams based on the highest education certification and the other metric assessed education heterogeneity of the teams based on all education certifications, and therefore the under...

Diligent application of the Hazard Analysis and Critical Control Point (HACCP) approach is believed by many to provide a comprehensive system for food safety management. This belief, however, is not shared uniformly by all stakeholders. Because of the dichotomy of opinion surrounding food safety, there is a compelling need for additional dialogue and consensus on this issue. The aim of this expert survey instrument is to identify the gaps and the areas of agreement among various stakeholders. Two hundred and thirty-one survey instruments were received out of three hundred and sixty sent (64.2%...

The principal question addressed is the extent to which American organizations source legal services they require in a manner consistent with transaction cost economics and agency theory. Transaction cost economics (TCE) is an interdisciplinary undertaking which joins economics with aspects of organizational theory and contract law. TCE views frequency, uncertainty and asset specificity (the extent to which assets have little utility or value except in the context of a particular transaction or relationship) as key variables in determining how a transaction will be str...

The introduction of fair value accounting for stock options has required private companies to apply stock option valuation methodologies that were designed to be applied to their public counterparts. The two recommended methodologies, the Black-Scholes formula and the Binomial Lattice model, require the valuator to provide an input for estimated volatility; for private companies that do not have a trading history there is limited guidance regarding the determination of volatility, which results in diverging and incorrect estimates. Based on a sample representing 178 companies who filed and com...

This dissertation demonstrates a breadth and depth of knowledge about its subject that can only come from a truly experienced businessman. Drawing upon his life experience as well as scholarly sources, Dr. Amaya clearly and precisely sheds a fresh light of insight upon such subjects as renewable energy, market conditions and operations, and the effects of government policies on emerging economies. Dr. Amaya rigorously develops his argument that "the so- called energy problem has implications for the whole structure of modern society." Fully documented and persuasively argued, this dissertation...

The enhanced access of developing countries to the international financial market since the seventies has been characterized by boom-bust cycles of unfettered external borrowing followed by abrupt financial crises. The first chapter analyzes the macroeconomic effects of volatile capital flows to a developing country. The analysis shows that investment, consumption, and the current account deficit depend positively on the expected availability of external finance. If international investors may unexpectedly decide to reduce their exposure to financial assets issued by the country, the optimal c...