University of Michigan (Ross)

Displaying 1-40 of 104 results

  • White Papers // Oct 2010

    Real Copyright Reform

    In recent years, legal scholars in the United States and Europe have explored aspects of legal strategy relating to competitive advantage and the role of law as a positive force within companies. In the United States, the focus has been on law as a source of competitive advantage, while in...

    Provided By University of Michigan (Ross)

  • White Papers // Oct 2010

    TARP Investments: Financials And Politics

    The authors consider the integrated optimization problem of procurement, processing and trade of commodities over a network in a multiperiod setting. Motivated by the operations of a prominent commodity processing firm, the authors model a firm that operates a star network with multiple locations at which it can procure an...

    Provided By University of Michigan (Ross)

  • White Papers // Oct 2010

    Hybrid Organizations As Agents Of Positive Social Change: Bridging The For-Profit & Non-Profit Divide

    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 model to show how corruption...

    Provided By University of Michigan (Ross)

  • White Papers // Oct 2010

    Divisional Managers And Internal Capital Markets

    The authors investigate the determinants of capital allocation to financial institutions under the Troubled Asset Relief Program (TARP). It's found that banks' political ties played a significant role in TARP fund distribution. Connections to Congressmen on finance committees and representation at the Federal Reserve via board members are positively related...

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2010

    Savings Constraints And Microenterprise Development: Evidence From A Field Experiment In Kenya

    How do changes in competitive intensity affect trade patterns? In this paper, the authors exploit a quasinatural experiment associated with increased anti-trust enforcement activity over the last two decades. A large number of international markets underwent a change in competitive intensity as they shifted from explicit collusion to oligopolistic competition....

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2010

    Firm Heterogeneity, Informal Wage And Good Governance

    A copyright system is designed to produce an ecology that nurtures the creation, dissemination, and enjoyment of works of authorship. When it works well, it encourages creators to generate new works, assists intermediaries in disseminating them widely, and supports readers, listeners, and viewers in enjoying them. If the system poses...

    Provided By University of Michigan (Ross)

  • White Papers // Aug 2010

    Using Proactive Law For Competitive Advantage

    This paper explores the distinctive characteristics of hybrid organizations; a new organizational form that expands the existing categories of organizations by bridging for the profit and nonprofit domains. In particular, the authors utilize a positive lens to explore the role of hybrids in creating positive social and environmental change on...

    Provided By University of Michigan (Ross)

  • White Papers // Jul 2010

    Transforming HR to Create Value

    HR transformation has become all the rage as the function seeks to deliver value. But, heed the warning, transformation efforts that focus exclusively on improving HR are bound to fail. The point is that HR professionals often focus internally on their own function and roles, rather than externally on what...

    Provided By University of Michigan (Ross)

  • White Papers // Jul 2010

    Minimum Wage And Tax Evasion: Theory And Evidence

    The authors provide an analysis of enforcement policies applicable to informal labor market in a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated strategies. The authors argue that firms which operate both in the formal and informal sectors do very little to increase employment when faced...

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    Informality, Productivity, And Enforcement In West Africa: A Firm Level Analysis

    The authors analyze the relationship between product market competition and corruption. The existing theoretical literature produces ambiguous implications for the sign of this relationship, making it an empirical issue. Unlike the existing empirical studies that use cross-country data, the authors test the relationship between competition and corruption using firm-level information....

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    Informal Payments And The Financing Of Health Care In Developing And Transition Countries

    This paper examines the interaction between minimum wage legislation and tax evasion by employed labor. The author develops a model in which firms and workers may agree to report less than the true amount of earnings to the fiscal authorities, and show that introducing a minimum wage creates a spike...

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    Make Time For A Leadership Check-In

    To facilitate excellent performance, a regular progress check-in is critical to ensuring one's success and the success of one's team. Yet leaders rarely know how they are doing beyond the daily rise and fall of stock prices. Leadership check-in tools are seldom used, and as a result, most leaders lack...

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    Recession 101: Marketing Dos and Don'ts

    It's been well-documented that companies that increase or maintain their marketing level during periods of recession end up in a better position in the end, so cutting the marketing budget should be avoided at all costs even if it means cutting into the profits in the short run. When a...

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    The Effect Of Competition On Trade Patterns: Evidence From The Collapse Of International Cartels

    Using hand-collected data on segment executives at the S&P 500 firms, the authors study the role of divisional managers in internal capital budgeting. Managers with social ties to the CEO receive more capital. The effect of informal ties outweighs measures of formal influence, such as board membership and seniority, and...

    Provided By University of Michigan (Ross)

  • White Papers // May 2010

    Effects Of Predictable Tax Liability Variation On Household Labor

    Economic theory assumes that taxpayers use their true Marginal Tax Rate (MTR) to guide their economic decisions. However, due to complexity of the tax system, taxpayers may incorrectly perceive their MTR, with implications for incentives. The authors of this paper first develop an updating model that formalizes this conjecture. It...

    Provided By University of Michigan (Ross)

  • White Papers // May 2010

    Does Foreign Exchange Reserve Decumulation Lead To Currency Appreciation?

    The informal sector accounts for a very large share in African economies, both in terms of GDP and employment. However, most national surveys on the informal sector focus on labor market issues and informal employment rather than the structure of informal businesses. And sample designs are shaped by a narrow...

    Provided By University of Michigan (Ross)

  • White Papers // May 2010

    International Reserves And Underdeveloped Capital Markets

    Informal, under-the-table, payments to public health providers are increasingly being seen as a critically important source of health financing in developing and transition countries. With minimal funding levels and limited accountability publicly financed and delivered care falls prey to illegal payments, which require payments that can exceed 100 percent of...

    Provided By University of Michigan (Ross)

  • White Papers // May 2010

    A Reevaluation Of Property Tax Capitalization

    The effect of property taxation on housing prices has long been of interest in the study of local public finance. Soaring property tax bills from increasing housing values have at times led to citizen calls to place limits on increases in property tax burdens. In 1994, the state of Michigan...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Companies Show Clever Currency Moves

    There's always been a bit of a mystery in the currency markets as to whether it's possible to predict price changes. Unlike stocks and bonds, currencies generally move on macroeconomic - not company-specific - issues. That should make it hard for someone to have inside knowledge and profit from it....

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Mapping Social Networks To Improve Product Quality

    When the phrase "Social network" comes to mind, people generally think about Facebook or Twitter. Volumes of academic studies have been written on this relatively new phenomenon. But engineers who design such complex products as automobiles and airplanes have been operating within their own social networks - or specific patterns...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Integrated Optimization Of Procurement, Processing And Trade Of Commodities In A Network Environment

    In recent times there has been a growing dissatisfaction with both the market and the state as mechanisms to serve social needs, and to solve the interrelated social, economic and environmental crises. In the popular stereotype, public organizations are unresponsive, bureaucratic, inefficient, and corrupt. For-profit businesses are criticized for being...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Governance And Corruption Constraints: The Business Ethics Glass Ceiling In Middle East Corporate Governance

    Market based solutions to alleviate poverty have become increasingly popular in recent years. Unfortunately, there are very few examples of profitable businesses that market socially useful goods in low-income markets and operate at a large scale. This paper examines in-depth three case studies of multinational firms that tried to market...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Corruption And Product Market Competition: An Empirical Investigation

    To what extent does the lack of access to formal financial services impede business growth in low-income countries? While most research on this issue has so far focused on credit market failures, this paper focuses on the role of access to formal saving services. The authors conducted a field experiment...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Rethink HR Strategy From The Outside In

    It comes as no surprise that the best performing companies identify and focus on activities that add the greatest value to customers and shareholders. Thus, every department in a company adds value only to the extent that it aligns to the demands of the marketplace - and HR is no...

    Provided By University of Michigan (Ross)

  • White Papers // Mar 2010

    Analysis of Survival Data With Recurrent Events Using SAS

    This paper presents the application of survival analysis methods using SAS/STAT to a large clinical trial, which was designed to test the treatment effect on preventing recurrent stroke and cardiovascular events. This paper presents the complete analysis procedure of this case study, including the model assumption check, model selection, and...

    Provided By University of Michigan (Ross)

  • White Papers // Mar 2010

    An Introduction to Multiple Imputation of Complex Sample Data Using SAS v9.2

    This paper presents practical guidance on the proper use of multiple imputation tools in SAS 9.2 and the subsequent analysis of multiple imputed data sets from a complex sample survey data set. Use of the MI and MIANALYZE procedures and SAS survey procedures for typical descriptive and inferential analyses is...

    Provided By University of Michigan (Ross)

  • White Papers // Mar 2010

    Using a Few Key Elements of SAS DATA Step Code and a Couple of Procedures to Optimize the Observation Length of a Data Set

    The SAS DATA step supports quite a few statements and functions. Many of these are usually accompanied with acceptable default values. Due to the nature of SAS programming, however, the function defaults are sometimes overly generous. This is particularly true of length specifications for both the numeric and character variables....

    Provided By University of Michigan (Ross)

  • White Papers // Mar 2010

    Positive Leaders Enables Peak Performance

    Positive Leadership enables extraordinarily positive performance by emphasizing what elevates individuals and systems (not only what diminished them), what goes right (not only what goes wrong), what is life-giving (and what is life-depleting), what is experienced as good (not only what is bad or arduous), what is inspiring (and depressing),...

    Provided By University of Michigan (Ross)

  • White Papers // Feb 2010

    Women On Board: Does Forced Diversity Hurt Firm Performance?

    New SEC rules will require public firms to disclose what role, if any, diversity plays in appointing members to their corporate boards, but Ross School researchers say any forced restructuring of boards in the name of equality could hurt companies. Boards are chosen in order to increase shareholder wealth. Placing...

    Provided By University of Michigan (Ross)

  • White Papers // Feb 2010

    The Sense(s) And Sensibilities Of Marketing

    The modern consumer faces a marketplace jammed with hundreds of thousands of products. Companies bombard the buyer from every angle in an effort to stand out, capture market share, and establish brand loyalty. Efforts range from the traditional to the viral to the outrageous. But what do people even remember?...

    Provided By University of Michigan (Ross)

  • White Papers // Feb 2010

    Social Entrepreneurship: Beyond The Hype

    Private for-profit companies are playing an ever-larger role in the microcredit industry. The volatile combination of profit seeking companies, minimal competition, and vulnerable, ill-informed, ill-educated borrowers has opened up dangerous potential for exploiting the poor. Expecting microcredit organizations to exercise self-restraint and self-regulation is naively optimistic and will not work....

    Provided By University of Michigan (Ross)

  • White Papers // Feb 2010

    Challenges In Marketing Socially Useful Goods To The Poor

    The authors examine a supply base diversification problem faced by a buyer who periodically holds auctions to award short term supply contracts among a cohort of suppliers (i.e., the supply base). To mitigate significant cost shocks to procurement, the buyer can diversify her supply base by selecting suppliers from different...

    Provided By University of Michigan (Ross)

  • White Papers // Jan 2010

    Leading Innovation In The Real World

    With corporate budgets tight and customers ever more demanding, C-level executives are looking for self-starting leaders with imagination - the kind of imagination that transcends expectations. In a word, they need innovators. But leading innovation is not something one learns from a book, says Ross professor Jeff DeGraff. It's a...

    Provided By University of Michigan (Ross)

  • White Papers // Jan 2010

    Deterring Malware by Imitating Virtual Machines

    Securing hosts against intrusions is becoming increasingly important as resource and identity theft are rising in frequency and severity. Attackers often gain control of a system through software vulnerabilities that are particular to a specific software version. To prevent detection, they may purposely avoid instrumented systems such as honeypots that...

    Provided By University of Michigan (Ross)

  • White Papers // Dec 2009

    Fault-Based Attack of RSA Authentication

    Security of a computer system is of utmost importance, since it acts as the repository of the information. For this purpose, hardware as well as software needs to be reliable. This paper studies the various aspects of computer security and undertakes a complete fault-attack on a system built on a...

    Provided By University of Michigan (Ross)

  • White Papers // Dec 2009

    Pecking Over Finance

    One of the biggest decisions for any chief financial officer is finding the optimal capital structure for the firm. Is the company best served by issuing stocks? Or is it best to raise capital via bond debt, which is less sensitive to the markets? The "Pecking order" theory says that...

    Provided By University of Michigan (Ross)

  • White Papers // Dec 2009

    Into Africa

    African nations soon could surpass India and China to form the next hub for low-cost labor, resources, and production, said experts at the first Africa Business Seminar at Ross. In addition, the opportunity to make money on the continent - and make a difference - is huge right now, they...

    Provided By University of Michigan (Ross)

  • White Papers // Dec 2009

    Latin America: Land Of Opportunity

    Latin America remains a healthy economic region despite ongoing market turmoil in the U.S. It has an appetite for people who can lead by example, influence a diverse group of customers and colleagues, and execute strategy, according to Ross alumni working in the area. Graduates making an impact in Latin...

    Provided By University of Michigan (Ross)

  • White Papers // Dec 2009

    Calculating Career Risks And Rewards

    As CEO of the famed specialist insurance market Lloyd's, Richard Ward deals daily with the risk-reward calculation of business. But it's on the personal career track that he'd like to see a little more risk-taking. Ward, a scientist by training, shared tales of his "Slightly strange" career trajectory with an...

    Provided By University of Michigan (Ross)

  • White Papers // Dec 2009

    Bargaining Power And Supply Base Diversification

    Widespread poverty is an urgent challenge for the world. Creating opportunities for steady employment at reasonable wages is the best way to take people out of poverty. Reducing poverty through employment requires two major thrusts: 1) generate employment, and 2) increase employability. To increase employment, the author argues for focusing...

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2009

    Reducing Poverty Through Employment

    In today's financial geography, Wall Street intersects Main Street. When it comes to sound bites, politicians recognize that ordinary Americans feel the effects of plummeting financial markets in their retirement savings. But, when the discussion turns to reforming financial services regulation, the reformers forget that much of the money that...

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2009

    Regulate Microcredit To Protect Borrowers

    The author's investigate gender differences in insider trading behavior of senior corporate executives in the U.S. between 1975 and 2008. It's found that, on average, both female and male executives make positive profits from insider trading. Males, however, earn about twice as much as females and also trade more than...

    Provided By University of Michigan (Ross)

  • White Papers // Dec 2009

    Bargaining Power And Supply Base Diversification

    Widespread poverty is an urgent challenge for the world. Creating opportunities for steady employment at reasonable wages is the best way to take people out of poverty. Reducing poverty through employment requires two major thrusts: 1) generate employment, and 2) increase employability. To increase employment, the author argues for focusing...

    Provided By University of Michigan (Ross)

  • White Papers // Feb 2010

    Social Entrepreneurship: Beyond The Hype

    Private for-profit companies are playing an ever-larger role in the microcredit industry. The volatile combination of profit seeking companies, minimal competition, and vulnerable, ill-informed, ill-educated borrowers has opened up dangerous potential for exploiting the poor. Expecting microcredit organizations to exercise self-restraint and self-regulation is naively optimistic and will not work....

    Provided By University of Michigan (Ross)

  • White Papers // Feb 2010

    Challenges In Marketing Socially Useful Goods To The Poor

    The authors examine a supply base diversification problem faced by a buyer who periodically holds auctions to award short term supply contracts among a cohort of suppliers (i.e., the supply base). To mitigate significant cost shocks to procurement, the buyer can diversify her supply base by selecting suppliers from different...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Integrated Optimization Of Procurement, Processing And Trade Of Commodities In A Network Environment

    In recent times there has been a growing dissatisfaction with both the market and the state as mechanisms to serve social needs, and to solve the interrelated social, economic and environmental crises. In the popular stereotype, public organizations are unresponsive, bureaucratic, inefficient, and corrupt. For-profit businesses are criticized for being...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Governance And Corruption Constraints: The Business Ethics Glass Ceiling In Middle East Corporate Governance

    Market based solutions to alleviate poverty have become increasingly popular in recent years. Unfortunately, there are very few examples of profitable businesses that market socially useful goods in low-income markets and operate at a large scale. This paper examines in-depth three case studies of multinational firms that tried to market...

    Provided By University of Michigan (Ross)

  • White Papers // Oct 2010

    TARP Investments: Financials And Politics

    The authors consider the integrated optimization problem of procurement, processing and trade of commodities over a network in a multiperiod setting. Motivated by the operations of a prominent commodity processing firm, the authors model a firm that operates a star network with multiple locations at which it can procure an...

    Provided By University of Michigan (Ross)

  • White Papers // Oct 2010

    Hybrid Organizations As Agents Of Positive Social Change: Bridging The For-Profit & Non-Profit Divide

    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 model to show how corruption...

    Provided By University of Michigan (Ross)

  • White Papers // Oct 2010

    Divisional Managers And Internal Capital Markets

    The authors investigate the determinants of capital allocation to financial institutions under the Troubled Asset Relief Program (TARP). It's found that banks' political ties played a significant role in TARP fund distribution. Connections to Congressmen on finance committees and representation at the Federal Reserve via board members are positively related...

    Provided By University of Michigan (Ross)

  • White Papers // Aug 2010

    Using Proactive Law For Competitive Advantage

    This paper explores the distinctive characteristics of hybrid organizations; a new organizational form that expands the existing categories of organizations by bridging for the profit and nonprofit domains. In particular, the authors utilize a positive lens to explore the role of hybrids in creating positive social and environmental change on...

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    The Effect Of Competition On Trade Patterns: Evidence From The Collapse Of International Cartels

    Using hand-collected data on segment executives at the S&P 500 firms, the authors study the role of divisional managers in internal capital budgeting. Managers with social ties to the CEO receive more capital. The effect of informal ties outweighs measures of formal influence, such as board membership and seniority, and...

    Provided By University of Michigan (Ross)

  • White Papers // Oct 2010

    Real Copyright Reform

    In recent years, legal scholars in the United States and Europe have explored aspects of legal strategy relating to competitive advantage and the role of law as a positive force within companies. In the United States, the focus has been on law as a source of competitive advantage, while in...

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2010

    Savings Constraints And Microenterprise Development: Evidence From A Field Experiment In Kenya

    How do changes in competitive intensity affect trade patterns? In this paper, the authors exploit a quasinatural experiment associated with increased anti-trust enforcement activity over the last two decades. A large number of international markets underwent a change in competitive intensity as they shifted from explicit collusion to oligopolistic competition....

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2010

    Firm Heterogeneity, Informal Wage And Good Governance

    A copyright system is designed to produce an ecology that nurtures the creation, dissemination, and enjoyment of works of authorship. When it works well, it encourages creators to generate new works, assists intermediaries in disseminating them widely, and supports readers, listeners, and viewers in enjoying them. If the system poses...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Corruption And Product Market Competition: An Empirical Investigation

    To what extent does the lack of access to formal financial services impede business growth in low-income countries? While most research on this issue has so far focused on credit market failures, this paper focuses on the role of access to formal saving services. The authors conducted a field experiment...

    Provided By University of Michigan (Ross)

  • White Papers // Jul 2010

    Minimum Wage And Tax Evasion: Theory And Evidence

    The authors provide an analysis of enforcement policies applicable to informal labor market in a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated strategies. The authors argue that firms which operate both in the formal and informal sectors do very little to increase employment when faced...

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    Informality, Productivity, And Enforcement In West Africa: A Firm Level Analysis

    The authors analyze the relationship between product market competition and corruption. The existing theoretical literature produces ambiguous implications for the sign of this relationship, making it an empirical issue. Unlike the existing empirical studies that use cross-country data, the authors test the relationship between competition and corruption using firm-level information....

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    Informal Payments And The Financing Of Health Care In Developing And Transition Countries

    This paper examines the interaction between minimum wage legislation and tax evasion by employed labor. The author develops a model in which firms and workers may agree to report less than the true amount of earnings to the fiscal authorities, and show that introducing a minimum wage creates a spike...

    Provided By University of Michigan (Ross)

  • White Papers // May 2010

    Does Foreign Exchange Reserve Decumulation Lead To Currency Appreciation?

    The informal sector accounts for a very large share in African economies, both in terms of GDP and employment. However, most national surveys on the informal sector focus on labor market issues and informal employment rather than the structure of informal businesses. And sample designs are shaped by a narrow...

    Provided By University of Michigan (Ross)

  • White Papers // May 2010

    International Reserves And Underdeveloped Capital Markets

    Informal, under-the-table, payments to public health providers are increasingly being seen as a critically important source of health financing in developing and transition countries. With minimal funding levels and limited accountability publicly financed and delivered care falls prey to illegal payments, which require payments that can exceed 100 percent of...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Companies Show Clever Currency Moves

    There's always been a bit of a mystery in the currency markets as to whether it's possible to predict price changes. Unlike stocks and bonds, currencies generally move on macroeconomic - not company-specific - issues. That should make it hard for someone to have inside knowledge and profit from it....

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2009

    The Capital Structure Decisions Of New Firms

    This paper investigates the capital structure choices that firms make in their initial year of operation, using restricted-access data from the Kauffman Firm Survey. Contrary to many accounts of startup activity, the firms in our data rely heavily on external debt sources such as bank financing, and less extensively on...

    Provided By University of Michigan (Ross)

  • White Papers // Mar 2009

    After The Honeymoon: Relationship Dynamics Between Mortgage Brokers And Banks

    This paper provides new micro-level evidence describing how the dynamics of mort-gage broker-bank relationships contributed to the current residential loan crisis. In a theoretical analysis, the author demonstrates that brokers have an incentive to present mortgages to the bank that are of decreasing quality over time. Empirically, author finds strong...

    Provided By University of Michigan (Ross)

  • White Papers // Oct 2009

    Innovate Now: Lean Times Can Be The Best Times

    To compensate for the sour economy and pullback on consumer spending, many companies are cutting costs like never before. But are they trimming fat or bone? It may sound counter-intuitive, but a down economy presents an ideal scenario to invest in talent and new products. He is one of the...

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2010

    Make Time For A Leadership Check-In

    To facilitate excellent performance, a regular progress check-in is critical to ensuring one's success and the success of one's team. Yet leaders rarely know how they are doing beyond the daily rise and fall of stock prices. Leadership check-in tools are seldom used, and as a result, most leaders lack...

    Provided By University of Michigan (Ross)

  • White Papers // Mar 2009

    Tax Reform For Grown-Ups

    Two days after his re-election, President Bush announced that he intended to spend his political capital on an ambitious domestic agenda, topped by reforms of both Social Security and the federal tax system. Although the framework of his Social Security plan was already well-known, he steered clear of endorsing specific...

    Provided By University of Michigan (Ross)

  • White Papers // Dec 2008

    Automakers Put The Pedal To The Metal

    U.S. automakers worked hard to get a recent $17.4 billion loan from the Bush Administration, but now the real work begins, says the author, the Ford Motor Co. Clinical Professor of Business Administration at the Stephen M. Ross School of Business. Automakers have no choice but to accelerate the pace...

    Provided By University of Michigan (Ross)

  • White Papers // Jan 2009

    Tax Rebates Not A Quick Fix For The Economy

    Using the U-M/Reuters Survey of Consumers, Slemrod and colleague Matthew Shapiro asked more than 2,500 Americans what they did with their 2008 federal income tax rebates, which accounted for more than two-thirds of the $152 billion Economic Stimulus Act of 2008. For the most part, those who filed taxes as...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2009

    Valuing Toxic Assets: Will New Accounting Standards Help?

    Valuing asset securitizations always has been a difficult issue for the accounting profession. Now, with the recent collapse of the credit and financial markets, a new layer of complexity further complicates the equation. The author has studied some of the shortcomings in existing regulations that apply to asset securitization, as...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2010

    Mapping Social Networks To Improve Product Quality

    When the phrase "Social network" comes to mind, people generally think about Facebook or Twitter. Volumes of academic studies have been written on this relatively new phenomenon. But engineers who design such complex products as automobiles and airplanes have been operating within their own social networks - or specific patterns...

    Provided By University of Michigan (Ross)

  • White Papers // Feb 2009

    Special Workplace Benefits Help Relieve Stress, Improve Bottom Line

    While hundreds of thousands of American workers are losing jobs these days, many more are stressed out. For those fortunate to still have jobs in this down economy, however, companies can help alleviate workplace stress - and possible violence - among workers by providing complementary alternative benefits, say University of...

    Provided By University of Michigan (Ross)

  • White Papers // May 2009

    Lessons For Tax Policy In The Great Recession

    While policymakers struggle with identifying and enacting the appropriate short-term policy response to the financial crisis and economic downturn of 2008, 2009, and perhaps beyond (henceforth "The crisis"), both academics and policymakers are examining the causes of the crisis and what lessons this might bring to bear on longer-term policy....

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2009

    Blogs Can Help Predict Product Sales

    While traditional advertising is still the main driver of product sales, blogging and other new media are fast becoming predictors of market outcomes. In a new study, "Marketing Activity, Blogging, and Sales," the author's of the Ross School of Business looked at the interaction of mainstream television advertising, consumer-generated media...

    Provided By University of Michigan (Ross)

  • White Papers // Jun 2009

    Shedding The New Venture Mystique

    With big companies shedding jobs in this recession, some former employees and unattached executives are exploring entrepreneurship. Those venturing there for the first time will find entrepreneurs play by a different set of rules, says adjunct lecturer of entrepreneurial studies at Ross. Price, a serial technology entrepreneur who is chairman...

    Provided By University of Michigan (Ross)

  • White Papers // Jan 2010

    Leading Innovation In The Real World

    With corporate budgets tight and customers ever more demanding, C-level executives are looking for self-starting leaders with imagination - the kind of imagination that transcends expectations. In a word, they need innovators. But leading innovation is not something one learns from a book, says Ross professor Jeff DeGraff. It's a...

    Provided By University of Michigan (Ross)

  • White Papers // Apr 2009

    The Fraying Of Free Trade

    With the world facing an economic downturn, populist appeals to limit foreign goods or investment are inevitable. While there have been some scattered protectionist moves and chatter, the G20 leaders recently stood by their support of free trade and resistance to protectionism in a public statement. Assistant professor of strategy...

    Provided By University of Michigan (Ross)

  • White Papers // Jul 2010

    Transforming HR to Create Value

    HR transformation has become all the rage as the function seeks to deliver value. But, heed the warning, transformation efforts that focus exclusively on improving HR are bound to fail. The point is that HR professionals often focus internally on their own function and roles, rather than externally on what...

    Provided By University of Michigan (Ross)

  • White Papers // Sep 2004

    State Regulatory Approaches to VoIP: Policy, Implementation, and Outcome

    The proposition is simple. Things that appear the same should be regulated the same. This would seem fair; the syllogism is sound. A phone is a device which does two way, real time voice communications. Phones services are regulated. Therefore things that provide two way, real time voice communications should...

    Provided By University of Michigan (Ross)

  • White Papers // Mar 2009

    Regulation Of The Financial Services Industry: Whose Money Is At Risk?

    Expanding diversity in the workplace is often seen as a good way to inject fresh ideas into an otherwise stagnant environment, and incorporating new perspectives can help members tackle problems from a number of different angles. But few have looked into exactly why or how this is so. New research...

    Provided By University of Michigan (Ross)