Patent protection and FDA exclusivities are the two principal forms of protection available to companies that develop therapeutic monoclonal antibodies. Propo-sed changes to both forms of protection are currently being debated in the United States Congress. Specifically, Congress is presently debating both biosimilar and patent reform legislations. Although no bill has yet passed, it is expecte...

It is widely believed that executives value stock options at less than market or Black-ScholesMerton values. This belief is contingent, however, on a subtle assumption that executives are, like shareholders, price takers with no ability to influence the underlying stock. But executives clearly have the ability to influence the stock, as that is the principal reason why they are granted the opti...

You call a meeting to try to convince your boss that your company needs to make an important move. Your argument is impassioned, your logic unassailable, your data bulletproof. Two weeks later, though, you learn that your brilliant proposal has been tabled. What went wrong? It's likely the proposal wasn't appropriately geared toward your boss's decision-making style, say consultants Gary Willia...

© 2009 The Authors. Journal compilation © 2009 Blackwell Publishing Ltd. Gernsbacher, M.A., & Faust, M.E. (1991). The mechanism of suppression: a component of general comprehension skill. Journal of Experimental Psychology , 17 , 245–262. Karmiloff-Smith, A. (1979). Microand macrodevelopmental changes in language acquisition and other representational systems. Cognitive Science: A Multidiscipli...

Multinational corporations (MNCs) are facing various labor legislations and labor institutions in different countries. This paper investigates the functions and effectiveness of Chinese unions in MNCs. Survey evidences suggest that Chinese unions play cooperative roles in helping MNCs to harmonize industrial relations (internal functions), and to build trust and long run coordination with the C...

this study draws attention to the ubiquitous and borderless nature of cybercrime. it examines the prospect of introducing customized cyber insurance policy in the nigerian market. as secondary data was not available, the study conducted a survey by administering three sets of questionnaire to purposively selected top executives in four trade groups that rely heavily on internet transactions for...

Maritime cabotage is a legislation published by a particular coastal country, which is used to conduct the cargo transportation between its two domestic ports. This paper proposes a two-phase mathematical programming model to formulate the liner hub-and-spoke shipping network design problem subject to the maritime cabotage legislations, i.e., the hub location and feeder allocation problem for p...

Compensation of executives by means of equity has long been seen as a means to tie executives' income to company performance, and thus as a solution to the principal-agent dilemma created by the separation of ownership and management in publicly owned companies. The overwhelming part of such equity compensation is currently provided in the form of stock-options. Recent events have however reviv...