We estimate the impact of cartel organizational features, as well as macroeconomic fluctuations and industry structure, on cartel duration using a dataset of contemporary international cartels. We estimate a proportional hazards model with competing risks, distinguishing factors which increase...

This paper argues for a model of a corruption constraint on organizational growth and development in the form of a business ethics glass ceiling. Although the problem of corruption‘s negative impact on economic growth is well documented, this paper‘s contribution is to propose a cohesive...

What rhetorical tools are critical for managers seeking to communicate strategy? What textual features matter when developing a language of change? To explore these questions we compare Dana Corporation's 1987 strategic definitional statement, The Philosophy and Policies of Dana, with its 2004...

This study consists of basic research on rates of return to higher education in Indonesia. Four different techniques to estimate rates of return are employed: the pure internal rate of return, the Mincer earnings function, the Cobb-Douglas production function, and the nested-CES production...

The analysis undertaken in this study is motivated by the new economic environment faced by Brazil's industry since the early 1990s. In addition to the set of price stabilization policies that the country had already been struggling with during the 1980s, major economic reforms towards a greater...

This thesis is an attempt to evaluate and correct the sanguine view of the U.S. labor market prior to the twentieth century as a 'spot' market. The spot-market characterization permits economists to produce clean predictions of market behavior, based on one dimension of market adjustments, i.e....

Regulators and academics have maintained that assisting individual problem banks on a case-by-case basis can effectively ameliorate failure risk. In order to test this assertion, I investigate the effectiveness of open-bank assistance provided by the Reconstruction Finance Corporation during the...

The debate about the uniqueness of bank loans has been around for sometime and in spite of that, no conclusive agreement has been drawn from empirical studies.