The battle for control of Yahoo is being analyzed from all angles but one. What will it mean to the media business if Microsoft gobbles up Yahoo, as many analysts believe it will? In their war of wars over search-driven online advertising, Google and Microsoft-Yahoo could end...
When a company borrows money, there are essentially two costs involved: the issuance expenses, which are fees charged to issue the loan, and the interest payments on the debt. If interest is added to the principle balance of the loan—rather than paid off—it’s known as capitalization.Interest rates are usually based...
In fact, if we said 'Yes' when we say 'No' and 'No', when we say 'Yes', it would make big, big difference in our lives. Sometimes. Actually, making some small changes to the circumstances when we use these two little words, can make all the difference. And it takes practice.
The Idea in Brief Multinationals’ global operations consistently underperform their domestic operations. Why? These companies’ strategies focus mostly on similarities across their markets: whenever possible, global companies standardize their business models to achieve economies of scale. They...
The U.S. Census is a treasure trove of information on worker trends. The 2006 American Community Survey gives mangers even more incentive to make higher education a priority. Workers with a bachelor's degree have a 2.7% unemployment rate -- less than half the 6.1% unemployment rate for high school graduates....
IBM gunning for Microsoft? Man, that takes me back. The company just announced IBM Lotus Symphony, a suite of software tools for creating and sharing documents, presentations, and spreadsheets. Sound like any other office suite you know? The difference is that while Microsoft Office costs hundreds of...
Much has been made lately about the new two-man team running Sony's Columbia Records label -- Def Jam co-founder and maverick producer Rick Rubin and former Epic Records president Steve Barnett. The New York Times and subsequently scores of other outlets wonder if the pair can...
Governments usually use regulations in order to better align both public and private interests in markets. Interestingly, international comparisons show that large cross-country differences exist in the overall macro extent of regulation of the economy. In this context, the main purpose of the paper is to investigate why such differences...
This paper investigates the extent to which the gap in total factor productivity between small and large firms is due to differences in the endowment of factors determining productivity and to the returns associated with these factors. Particular emphasis was placed on the contribution of differences in the propensity to...
This paper presents estimates of differences in Total Factor Productivity TFP across three types of firms operating in 23 manufacturing and 18 service industries in Germany in the period 1995-2004. It is the first attempt to study whether and to what extent foreign MultiNational Enterprises MNEs are more productive relative...
Prioritizing is a very important function of being organized. It is another method that puts you in control of your work responsibilities. In order to effectively prioritize, learn to recognize the difference between the important, the urgent and the unnecessary. It may seem that everything is urgent, and must be...
Empirical analyses reveal tremendous heterogeneity in output, labor productivity and input mix across firms even in narrowly defined industries. This paper, instrumented with six theorems, shows that differences between firms in labor productivity, capital intensity and relative demand for skilled labor can be explained by differences in the substitution parameters...
The purposes of this paper are twofold. First, it studies the consequences of trade when institutional differences are the source of comparative advantage among countries. Institutional differences are modeled within the Grossman-Hart-Moore framework of contract incompleteness. It is shown, among other things, that the less developed country may not gain...
Despite what is seen on television, heard on radio, and written in newspapers, magazines, books, the differences between generations are not as stark as one has been led to believe. Though there are some real differences (e.g., older people are more likely to be married and to be higher in...
Studies of tipping behavior in restaurants indicate that black customers tend to leave lower tips than do white customers. Rather than unnecessarily demean a customer group, however, the industry should try to understand and address the underlying cause of this ethnic difference in tipping. The results of the study reported...
The study presented in this paper uses information on staff and student characteristics at Australian universities to examine the determinants of the career outcomes recorded for male and female academic staff in 2003. A comparison is also made with data compiled for 2002. Significant differences exist between male and female...
The United Kingdom Treasury recently released its revised guidance for Private Finance Initiative contracts. This document reports that the UK experience may increasingly influence future Australian deals. This publication focuses on the differences between current practice in Australian PPPs typically projects with an arm of government as the contracting entity...
The study, inappropriately and without analysis, implies that all minority populations will be affected to the same degree by credit-based insurance scores. The Study relies on the differences in percentiles in a way that almost certainly overstates the actual differences in scores. Reliance on percentiles automatically implies differences in average...
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