September 2007
Finance & Accounting
Pricing a Global Measure of Liquidity Risk
Investors should not overlook the impact of liquidity on the prices of assets
Are Large CEO Severance Packages Justified?
The underlying factors of CEO severance
August 2007
Trust Required Here
Trust in both the seller and the marketplace is necessary for buyer confidence
Economics
Does Location Matter for the Adoption of Internet Technologies in Business?
E-mail is everywhere, but advanced Internet technologies are adopted mostly within establishments in urban-based companies
July 2007
Compete or Cooperate?
Choosing the right commercialization strategy as a technology start-up
How to Map and Compare Culture Across Firms
Cultural differences between U.S. and German pharmaceutical companies due to nationality have decreased since the 1980s
June 2007
Economics
“Acting White” or Just Acting Rationally?
Social pressures to fit in can explain the black–white educational achievement gap
Finance & Accounting
Celebrity Analyst Influence on the Stock Market
Does the stock market react more strongly to earnings forecasts issued by celebrity analysts?
Leadership
Do Leaders Matter?
The sudden death of a president can trigger sweeping, unexpected changes in a nation’s economy
May 2007
Marketing
Wal-Mart Supercenter versus the Traditional Supermarket
How can a local grocery store survive?
Operations
Stair Steps to Heavenly Savings
How to design sales force incentive programs to unlock operational cost savings
Whom You Know Matters
The importance of networks in venture capital
Finance & Accounting
Why Do IPO Auctions Fail?
‘Free riders’ and the ‘winner’s curse’ can lead to less-than-desirable outcomes. But some auction features can lend transparency to the traditional IPO approach.
When What You Know Is Not Enough
Expertise and gender dynamics in task groups
Policy
Savvy Financial Analysts Adapt to Regulation ‘Fair Disclosure’
The 2000 law has pushed analysts to seek independent information - to the benefit of the investors they advise
April 2007
Finance & Accounting
Brain Gain
For insight into investor behavior, Kellogg finance professor finds that a journey into the primitive brain pays dividends
Can geography affect your bank account?
The role of culture in economic decisions
Politics & Elections
Majority Rules
Group design influences the information that members share, says David Austen-Smith, who is identifying incentives to speak the truth
A Choreographer’s Cues
Jeanne Brett’s research taps into the ‘dance’ of global negotiations
Marketing
Mixed Messages
Context is critical to make advertising dollars deliver best return, says Kellogg School marketing scholar
Bucks Not a Matter of Luck
Kellogg accounting expert shows top stock analysts have persistent skill
Policy
Learning Curve
Kellogg professor’s breakthrough methodology links additional schooling to higher test scores
Finance & Accounting
Cashed Out
Kellogg finance scholar examines impact of trading costs on stock profitability
Teamwork Takes Center Stage
How the Broadway musical can teach important lessons to business leaders
A Dollar Short
Seeking a theoretical framework to understand international currency crises
Policy
Clause and Effect
How contracts that offer “most-favored nation” status can be a boon to almost everyone involved
Leadership
Tough Calls Under Pressure
Professor Keith Murnighan’s new book shows readers how to make choices they won’t regret