A successful knowledge management strategy identifies a firm’s key leverage points essential to achieve business results. These often reside in core business processes that may be re-engineered to capitalize on and expand organizational knowledge resources and capabilities. This case describes a 4-year initiative undertaken by IBM to re-engineer its customer relationship management process and ...

Integrated supply chains are one of the most powerful competitive tools in today's globalizing business economy. For agricultural products, successful supply chain development projects reduce not only the transaction costs but also the institutional barriers that decouple individual links in traditional distribution channels. They allow participants to achieve higher levels of service and to ca...

The main goal of the present study is testing asymmetric risk pricing and comparing it with pricing of traditional risk measures in Tehran Stock Market. Accordingly, a sample consisting of 101 companies listed in Tehran Stock Market during 2002-2013 went under investigation. In order to test asymmetric risk pricing, regression model of panel data was applied. The results revealed a positive and...

We study the impact of higher bank capital requirements on corporate lending spreads using granular bank- and loan-level data. Our empirical strategy employs heterogeneity in across banks time implementation Switzerland. find that changes deviation from regulatory minimum affect asymmetrically. In response to a reduction deviation, with deficits respect their risk-weighted requirement raise rel...

This paper considers the macroeconomic effects of allowing for nominal debt contracts in the context of a quantitative business cycle model with financial market frictions. In our setting, as in reality, corporations fund themselves by choosing the appropriate mix of nominal defaultable debt and equity securities to issue in every period. Corporate debt is priced fairly taking into account defa...

the latest known source of multicollinearity, a nonorthogonality of two or more explanatory variables in multiple regression models, is high leverage points. Interpreting a fitted regression model may become impossible by the influential impacts of multicollinearity. In this paper, we attempt to investigate the impact of different sample sizes as one of the main causing factors of high leverage...

Robust selection of variables in a linear regression model is investigated. Many variable selection methods are available, but very few methods are designed to avoid sensitivity to vertical outliers aswell as to leverage points. The nonnegative garrotemethod is a powerful variable selection method, developed originally for linear regression but recently successfully extended to more complex reg...

In recent years there has been considerable activity, by business analysts and academics, in developing new approaches to understanding contemporary innovation processes. This has resulted in the emergence of a large number of conceptual alternatives, with many overlapping features. It is the aim of this paper to outline and compare the most popular of these frameworks, and develop a model inco...

This paper investigates the diffusion of system dynamics as research paradigm. It deals with the question whether the diffusion of system dynamics is influenced by network externalities. Assuming the existence of such network externalities the so called penguin and bandwagon effect must be considered regarding the diffusion. Based on a system dynamics model considering network externalities lev...