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The Social Impact of Business Failure: Enron
Between October and November 2001 the world witnessed the collapse of Enron, a major US publicly traded corporation with global operations. The Enron case highlights the impact corporate failure has on American society and capital markets and underscores the need for better enforcement of regulations and ethical business behavior. This paper discusses the role played by Enron’s senior management, its board of […]
Corporate Pension Plans: How Consistent are the Assumptions in Determining Pension Funding Status?
With the bankruptcy of Enron and the accompanying loss of pension benefits of its employees, pensions have recently received significant press. Accounting for pension plan obligations, for defined benefit plans in particular, requires companies to make assumptions regarding discount rates, projected salary increases, and expected long-term return on plan assets. Such assumptions, in turn, determine the funding status of the pension plan and […]
More Than Altruism: What Does the Cost of Fringe Benefits Say about the Increasing Role
Previous research has found that nonprofit organizations pay lower wages than do other organizations. This has been attributed to altruism on the part of workers who are willing to donate some of the value of their time to organizations that support causes in which they believe. This paper extends that analysis to the cost of fringe benefits. Do nonprofit organizations spend […]
Subscription Supply Chains: The Ultimate Collaborative Paradigm
Supply chain practitioners have made great strides in forming collaborative partnerships, yet the end consumer is often left out of these plans. Being an important member of the supply chain, we propose that supply chains need to get closer to the end consumer – forming collaborative relationships that center around demand planning. Developing subscription relationships with end consumers will lead to increased […]
Selecting a Business College Major: An Analysis of Criteria and Choice Using the Analytical Hierarchy Process
Abstract According to the Chronicle of Higher Education (2001), 15 percent of entering freshmen believe that there is a good chance they will change their college major and 8 percent are undecided. To gain insight into the criteria that students use to select a major, a model of the student decision making process was developed […]
