Located in the heart of California's Silicon Valley, Santa Clara University provides an oasis of calm beauty and traditional academic achievement. The university places high priority on the function of the campus as a safe and comfortable learning environment. The university understands the importance of controlling temperature, humidity, and ventilation...
In a transactional practice, procedural choices can substantively affect the ultimate deal. In particular, a poor procedural choice can lead to the loss of future procedural privileges in ways that disadvantage the client; and in extreme cases, a lawyer's poor procedural choice can tank the deal altogether. Despite this, many...
Numerous organizations resort to fraudulent working in order to earn fast bucks. Such companies take the help of influential people, especially politicians to get a clearance. The fraud companies earn the trust of innocent people, only to sell it later in the global market. Thus, it is important for the...
It has been observed that life is a great teacher. Every individual learns some moral lessons almost everyday, whether it is from a friend or foe for that matter. Most people are greeted with a daily dose of moral issues through newspapers. However, the most important aspect is that how...
From the executive summary: ‘Given the prevalence of corporate misconduct in the recent past, whistleblowing incidents have been on the rise. The business of whistleblowing is booming. The trend is likely to be strengthened by the provisions of the Sarbanes-Oxley Act, which for the first time, accords legal protections to...
If the employee had been with the company less than three years, if the score for two employees was identical, or if there was some extraordinary circumstance, the manager would note it and make a decision about where to rank the person. The following case study represents the performance appraisal...
Strategic moves and counter moves of competitors mark the external environment of an organization. In order to survive and stay afloat, the organization needs to have a competitive edge over its competitors. It can do so by delivering enhanced product value to its customers as compared to its competitors. When...
This paper develops a lattice method for pricing equity options when volatility switches between many states. The approach is an extremely parsimonious one, and we show that it is feasible to compute prices for American type derivatives in polynomial time, i.e. O(kn2k). The model is computationally efficient, and may be...
During the 1980s and 1990s, performance improvements (e.g., total quality management, kaizen, just-in-time, reengineering) succeeded the strategic era. It, too, has followed the S-curve trajectory. Organizations cannot win by cost reduction alone and cannot invent appropriate strategic responses fast enough to stay abreast of nimble rivals. The next point of...
Under a comprehensive and unique data set of default probabilities, this article examines correlations between default risks for U.S. public non-financial firms. It documents the correlation structure both in the time series and in the cross section across these firms. It finds that default probabilities of issuers vary substantially over...
While the use of Monte Carlo methods is well established for pricing derivatives, this paper focuses on a random-lattice approach, also known in the literature as the stochastic-mesh method. The method is reviewed here. It shows that the method may be refined with an ad-hoc bias correction that suitably adjusts...
An effective performance appraisal system is an asset to the organization. It enables precise identification of skill gaps existing in the employees and rewards them accordingly. This gap identification is crucial at the time of change management in the organization. The paper examines the planning-performance-participation model and explores the relationship...
The financial statement of an organization records and summarizes the financial transactions and activities of the organization. It includes the income statement and the statement of cash flows. The paper examines the relationships between the aforesaid components of the financial statement. The concept of comprehensive income is also discussed.
Derivative security pricing relies increasingly on lattice representations of stochastic processes. When the lattice is of high dimension, exhaustive enumeration becomes conceptually costly. Instead, Monte Carlo simulation is used to estimate lattice value by sampling appropriately from the nodes. Naïve sampling can lead to substantial error in estimation because the...
From the executive summary: ‘For an individual entrepreneur, a reputation for ethical dealing can increase the opportunities for business partnerships and lower the transaction costs of managing an ongoing relationship. The ability to trust the other party and to do business on a handshake, speeds up the progress of an...
Participants of the Global Women's Leadership Network Will Share Their Grassroots Accomplishments SANTA CLARA, Calif. -- The Global Women's Leadership Network GWLN, sponsored by the Leavey School of Business at Santa Clara University, will host a conference "Voices of Global Leaders" 9 a.m. to 5 p.m. July 26...
New IC-CAP Software Package Offers Improved CMOS Modeling Efficiency, Accuracy SANTA CLARA, Calif. -- Agilent Technologies Inc. (NYSE:A) today announced the release of the first commercially available HiSIM2.4 Model Extraction Package for DC and RF parameters for advanced complementary metal oxide semiconductor CMOS device models. The package, for...
SANTA CLARA, Calif. & SYDNEY, Australia -- Agilent Technologies, Inc. (NYSE:A) and University of Technology Sydney UTS have teamed up to establish a unique research facility here to study trace metals and other elements in tissue, and their effects on health. The UTS Elemental Bio-Imaging Facility opened on...
Acquisition Strengthens Agilent's Nanomeasurements Portfolio SANTA CLARA, Calif. -- Agilent Technologies Inc. today announced that it has acquired the Nano Instruments business unit of MTS Systems Corp. The acquisition will strengthen Agilent's portfolio of instrumentation for imaging, characterizing and quantifying nanomechanical material properties. Financial details were not disclosed....
University of Illinois at Urbana-Champaign Selected for its Pioneering Work in Parallel Computing Education SANTA CLARA, Calif., and URBANA, Ill., June 30 /PRNewswire-FirstCall/ -- NVIDIA Corporation , the worldwide leader in visual computing technologies, and the University of Illinois at Urbana-Champaign UIUC today announced that UIUC has...
