Universities - in the UK and elsewhere - are caught on the horns of a dilemma: they need to innovate in course design, but have little or no money available for speculative investment in new programmes. This paper presents an approach to curriculum design that links the pedagogical concerns of...

The voluntary disclosure of company's private information is increasingly at the center of the attention of managers. This tendency has also been analyzed by several accounting organizations - AICPA1, FASB2, IASC3 and also SEC4 - which have recently developed several documents on the...

Remarks delivered at the July 2002 conference quot;Economic Statistics: New Needs for the Twenty-First Century,quot; cosponsored by the Federal Reserve Bank of New York, the Conference on Research in Income and Wealth, and the National Association for Business Economics

We demonstrate that people discount delayed task outcomes due to perceived changes over time in supplies of slack. Slack is the perceived surplus of a given resource available to complete a focal task. For temporally near events, investing a resource for one purpose may cause one to fail to...

This paper develops a model of the interplay between corporate leverage and product differentiation strategy. Leverage improves managerial discipline, but it can also raise customer concerns about a vendor's long-term viability. We argue that customer concerns about firm viability will be...

Dishonesty plays a large role in the economy. Causes for (dis)honest behavior seem to be based partially on external rewards, and partially on internal rewards. Here, we investigate how such external and internal rewards work in concert to produce (dis)honesty. We propose and test a theory of...

The purpose of this teaching note is to introduce MBA students to the issues: quot;What do firms do about financing, investing, profiting and payout?quot; during the first week of a core MBA class. By introducing the students to these financial management issues together with economy-wide...

Information relevance advisory services offer growth opportunities for accountants in CPA firms, but we know little about the types of knowledge needed to provide high quality advice. In a two-stage experiment, accountants with different management and public accounting experience (that we...

Sale of funds units is regulated by Markets in Financial Instruments Directive in the European Economic Area to increase competition and consumer protection in investment services. Interaction between retail financial advisers and clients were studied by mystery shoppers. The sample included 41...

Extreme Light Infrastructure - Nuclear Physics Center (ELI-NP) in Bucharest-Magurele is one of the pillars of the international research program ELI-NP, along with other two centers to be developed in Hungary and the Czech Republic. The investment for the development center in Magurele amounts...