My employer, Kirin Holding Company (Kirin), turned 100 years old in 2007. At the same year, Kirin changed its company structure into a holding company from Kirin Brewery Company Limited. As the former company name indicates, the beer business is Kirin's core business, generating over 70% of...

The worldwide telephone industry is in transition-from traditional telecom service provider to broadband service provider. NTT, Japan's leading telecom company, must establish a new source of revenue that will compensate for declining income from fixed-phone service. The company needs to...

Along with the increasing computing power, growing availability of various data streams, introduction of the electronic exchanges, decreasing trading costs and heating-up competition in financial investment industry, quantitative trading strategies or quantitative trading rules have been...

This paper examines the stock prices of Chinese companies dual-listed in the A and H share markets between January 2006 and March 2008. While most previous studies have concluded that the A share market does not have significant exposure to the Hong Kong market, I find that following the...

What makes innovation happen in reality? The challenges companies have faced in building their competitive advantage have been shifting over the last decade, away from operational excellence and global footprint and towards innovation and learning. This thesis explores the interactions between...

I propose the creation of a real-time compliance "bot" - software to momentarily pause each employee's email at the moment of sending and to electronically assess whether that email is likely to create liability or unanticipated expense for the corporation. My thesis describes the confluence of...

This paper attempts to understand the price dynamics of the North American natural gas market through a statistical survey that includes an analysis of the variables influencing the price and volatility of this energy market. The analysis develops a theoretical model for the conditional...

Several years ago, Professor Robert Pindyck of the MIT Sloan School of Management created an oligopoly strategy game for use in his course 15.013: Industrial Economics for Strategic Decisions. This game divided the class up into "firms" (generally consisting of two students each) and randomly...

The purpose of this paper is to show evidence that there are opportunities to generate alpha in the high frequency environment of the US equity market, using Principal Component Analysis (PCA hereafter) as a basis for short term valuation and market movements prediction. The time frame of trades...

Historically, incumbent assembly firms with unquestionable strong positions in such industries as the automobile, consumer electronics, computer and mobile phone industries, have lost power when new technology is introduced; at the same time, supplier firms have taken over the power and gained...