Browsing by Subject "Finance BSB"

Now showing 1 - 4 of 4
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    Does New Technology Impact Product Recalls? An Empirical Examination in the Automotive Indutry
    (2017) Slaats, Konner;
    As technology increases in prevalence in people’s daily lives, the number of advanced applications are increasing in our vehicles. Technology has inherent risks and failures that are deemed unavoidable. Luxury vehicles typically incorporate more technology than non-luxury vehicles, but consumers believe that luxury brands are of higher quality than nonluxury brands. There appears to be a fundamental disconnect between the perceived quality of luxury vehicles and the failures associated with technologies incorporated in them. This study seeks to examine the effect of technology penetration on vehicle recalls and assess whether luxury status moderates this effect. To address the question, I use secondary data from Ward’s Automotive on US-produced sedans from 2003-2011 and run panel regressions to test the hypotheses. My results show that technology options appear to have no impact on vehicle recalls, and that luxury status appears to moderate the relationship between recalls and technology options.
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    How Much is Your Education Worth? The Economic Return of Private Nonprofit, Private For-Profit and Public Higher Education
    (2017) Lee, Elias;
    Over the past three decades, the real cost of a baccalaureate education has outpaced inflation. As college attendance becomes increasingly prevalent, many economists have researched the benefits recognized over the life course of college educated individuals. Using tuition and earnings data from the Department of Education website, College Scorecard, this study compares the average economic returns of an education at public, private nonprofit and private for-profit baccalaureate granting universities across the United States. To estimate earnings over the life course, earnings data on college graduates ten years after the initial enrollment of college were fit to a Mincerian earnings model, allowing the NPV by governance to be estimated. To account for differences in incoming student quality, ACT scores were controlled for by comparing the relative “value added” of private nonprofit and public universities. Results indicate on average, private nonprofit universities consistently produce higher value for their students, with public institutions ranking second and private for-profit institutions providing the least value. Finally, results indicate that private nonprofit institutions add more value for their students than public institutions, when controlling student quality by ACT score.
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    Models for Social Good: How Social Ventures Differ on Dimensions of Culture, Marketing, and Operations
    (2017) Maristela, Raphael;
    Social ventures are defined as start-up organizations with a social focus. As a whole, the current climate of social entrepreneurship and social ventures is volatile, still not clearly defined, and not very well understood by the general public and those that may be interested in pursuing an opportunity within this field. However, the current body of literature lacks any systematic classification of social entrepreneurship and fails to recognize how dimensions such as culture, marketing, and operations can vary even further within the field. This thesis creates an analytical framework along three dimensions (culture, marketing, and operations) and qualitatively analyzes eight cases of young, food and beverage social ventures in New York. This study intends to add another level of organization (the business model typology) to this ambiguous field, understand how firms of different models differ along culture, marketing, and operations, and develop a clearer sense of direction of where research in social entrepreneurship should go.
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    Will That Next Promotion Harm You? Job-Level Relationship to Employee Health
    (2017) Roman, Devan;
    Over the last few years, America has seen a shifted focus towards an overall healthier lifestyle. More corporations are now putting more health and wellness programs in place for their employees as they are realizing the importance of a healthy workforce. However, there is little corporate look into how the actual job-level of the employee is related to their physical health. This study investigates the relationship between job-level in a firm and physical health of the employee, as well as how the amount of stress associated with that job-level impacts this relationship. To investigate these relationships, I gather data by distributing a survey to part-time master students who have previously had, or currently have corporate experience. I find evidence that while job level does not have a significant relationship to physical health of the employee, stress and health are significantly related.