This thesis examines how different forms of participation impact the job satisfaction of blue-collar workers. By examining previous literature, satisfaction has shown to be beneficial for both the worker and the employer, but limited research has been done in the blue-collar sector of the workforce. Six types of participation were analyzed including: participation in work decisions, consultative participation, informal participation, short-term participation, representative participation, and employee ownership. In order to analyze these types of participation, four companies were used to interview twenty blue-collar employees. A qualitative approach was used to discover what employees thought about participation and satisfaction within their own companies, and participants were encouraged to tell stories of past experiences to exemplify their responses. Results suggested that informal participation, consultative participation and emotional attachment have the most impact on blue-collar employee satisfaction.
This study analyzes the market, cost, and income valuation methods used in the healthcare industry. There are problems with the current valuation methods, especially the valuation of health care assets used in the cost approach, the exclusion of demographics, which would aid in the market valuation approach, and the difficulty of projecting revenues when smaller companies merge with larger public healthcare organizations in the income approach. Two hundred and thirty-five individual hospitals in the states of Florida and Colorado along with 14 public hospital corporations spanning the country were examined to produce the results of the study. The results of the regression analysis show that demographics play a large role in a hospital's potential earnings base. This study provides information that will help analysts develop a more complete and accurate valuation of healthcare companies.
This thesis explores what economic factors had the greatest affects on the early 1990s commercial real estate recession and the current commercial real estate recession. Equity Real Estate Investment Trusts (REITs) are used as the measure of the commercial real estate market. The Hypothesis states that because of the fundamental differences between the two recessions, the influential factors will also be different. Through the use of an ordinary least squares regression, the hypothesis is tested using a series of asset pricing explanatory variables. The findings suggest that the hypothesis was correct and the two recessions are influenced by different explanatory variables.
Previous research has examined factors influencing attendance at various sports leagues, but very little attention has been focused specifically on the PGA and PGA Tour. This study examines the potential factors influencing a fan to attend PGA and PGA Tour tournaments from the 1998-2007 seasons. This study incorporates a regression analysis along with qualitative research to analyze the data. The regression results suggest that income, the type of course the tournament is played on, and the tournament number are all important factors influencing attendance at PGA and PGA Tour tournaments. However, the qualitative research results suggest that Tiger Wood's participation and the strength of the field competing in the tournament are the most important factors impacting attendance.
This study attempts to explain the determinants of NFL franchise revenue generation. Seven variables will be examined and tested in order to determine which of those variables have the most significant effect on revenue. Data were collected from the 2000 through 2005 regular seasons. Regression analyses were used to analyze the data. The results of this study were that ticket price, attendance, and television deals all have a large positive effect on NFL franchise revenue generation.
This paper analyzes a large data base containing over 18,000 women micro finance clients of the Negros Women for Tomorrow Foundation (NWTF). The data base contains a powerful new poverty impact assessment tool - the Progress Out of Poverty (PPl) Scorecard. The focus of the data analysis performed in this paper was the observable characteristics of actual borrowers and how those factors influence changes in that client's PPI Scorecard Poverty Score. The conclusion of this paper is that micro finance is working in the fight against poverty in the Philippines (average change in poverty score for the population is 28.51 %) but that a small subset of the population sees dramatically greater results. Specifically, clients that receive larger loans from a successful lending branch and employ their loans in non-agriculture/non-fishing industries see on average much greater gains then the rest of the population. Results of the data analysis suggest that the NWTF employs a suboptimal lending strategy. Sixty-six borrowers received abnormally large loans; average loans size for this subset of the population is $63,780 Filipino pesos. On average, these borrowers saw a 55.86% change in pscore. Regression results upon this population yield insignificant results for initial poverty score and years as a client of the NWTF. Loan size among this population has a positive coefficient similar in size to the larger population regression results. The other 17,937 clients of the NWTF received on average a loan $10,205 pesos and saw a 25.63% change in pscore (both sig. at [alpha] =.0I level). Policy suggestions are given in the concluding chapter.
Customer loyalty is widely studied in both the goods and service industries; however, there has been very little customer loyalty research on an industry that combines goods and services. Studying the specialty coffee industry fills this gap. This study investigates the determinants of customer loyalty to an independent coffee shop and to Starbucks. I surveyed sixteen coffee shop patrons, eight from an independent Colorado Springs coffee shop called Pikes Perk and eight from the Starbucks located across the street. The study did not turn up much loyalty behavior at either coffee shop, however it did indicate several important factors in a customers decision of where to buy their coffee such as, convenience, ambiance, and the need to support an independent coffee shop.
This study aims to determine the best possible option for the United States to reduce the number of disposable plastic carrier bags consumed each year. First an evaluation of the economic and environmental implications associated with disposable carrier bag use is discussed to justify the research question. An analysis of global plastic bag regulation is used to demonstrate strategies that can be pursued in the United States. Several initiatives have been introduced by city and state governments within the United States. to control plastic bag consumption. These examples are analyzed and discussed Retailers including Whole Foods, Wal-Mart, and IKEA have also chosen to voluntarily reduce the number of plastic bags used in their stores. The results of these voluntary initiatives are examined in case studies. Two surveys were conducted to compliment the qualitative analysis in this report with quantitative statistics used to predict plastic bag consumption. The results of this analysis indicates that the United States should balance voluntary reductions with legislative actions.
This case study examines the commodity chain and industrial upgrading concepts and applies them to the international coffee industry. By examining research on previous upgrading strategies, the study will analyze the potential implications of the buyout of Starbucks by the coffee producing countries. Due to the nature of the coffee industry in each of the top three coffee producing countries, Brazil and Colombia will benefit from the acquisition, while Vietnam will not experience positive effects. Farmer cooperatives in producing countries are the keys to discovering new methods of industrial upgrading.
This study was inspired by the recent trend in the National Basketball Association (NBA) of teams signing seemingly mediocre players to abnormally large contracts. The purpose of this study was to identify if there were in fact other player characteristics that NBA teams looked for other than pure basketball ability when signing players. 284 NBA players and their salaries during the 2006-2007 were collected along with twenty other independent variables. Obviously players' salary was the single dependent variable. Data and analysis comprised a regression test to determine the relationship between these twenty independent variables and salaries. The regression test revealed a relationship between age and athleticism to salaries. A player's contract year approximate value to his team and scoring ability proved to have a strong relationship with salaries as well. Surprisingly, no player characteristic related to efficiency had any relationship to salaries.
A key element of any business is determining the profit maximizing price of a good. Yet each price level will exclude some consumers who find the equilibrium too high and refrain from entering the market. If a similar product could be offered at a lower price it may lure the abstaining customers to consume, thereby increasing profits. For an industry that is flustering like the music industry, it is crucial new sales methods are found to continue growth and expansion. This paper evaluates an MP3 bundle as a modified product to attract new customers and encourage current customer to purchase more songs. Survey response data is used to determine a profit maximizing price at which to offer the modified digital song.
Hybrid vehicles have recently emerged as a growing market segment in the automobile industry. The value these vehicles hold over time has important implications for consumers. Vehicles that maintain their value better over time are likely to be in higher demand, and thus auto-makers are keen on producing more and more of these vehicles in the next few years. Using a multiple variable regression analysis, this thesis analyzes the major determinants of resale value in used cars. Current market values of used cars compared with their original prices are used as data. This study predicts that hybrid vehicles maintain their value better than traditional vehicles due to environmental perceptions as well as fuel efficiency ratings.
As the world enters a low carbon economy, companies must begin recognizing carbon emissions as a risk to doing business. This paper develops several regression models that test the effects of carbon emissions on company performance, whether or not carbon-intensive industries have been hurt, and the ability of the carbon to revenue ratio to capture a firm's risk exposure from carbon emissions. Carbon emissions data comes from the Carbon Disclosure Project and company performance data comes from Mergent Online. The paper concludes that carbon emissions are a liability to company performance, but carbon intensive industries have not been adversely affected. The carbon to revenue ratio does have a negative impact on company performance and may be used by companies as a measure of carbon efficiency.
This thesis analyzes the impact of identification regulations on aggregate voter turnout. It examines the presidential election cycles of 2000, 2004 and 2008 using a muItivariable regression analysis. While the raw results are statistically insignificant with regard to the impact of identification regulations affect on total voter participation, further analysis suggests a possible negative correlation. Additionally the research finds interesting disparities between the modeling of Republican and Democratic vote totals, primarily in that the explanatory power of the model is far greater for Republican vote totals.
Water scarcity presents an obstacle to economic development in the western United States. In an attempt to accommodate the increasing levels of demand that population growth, recreation, industry, and environmental protection place on water supplies, western states frequently establish markets for water. Water markets promote efficient allocation, helping states to derive the highest possible economic benefit from available resources, and allowing western water supplies to support as much new development and population growth as possible. However, imperfect pricing information for water threatens the ability of water markets to efficiently allocate water. Correct valuation improves water right allocation by aiding market participants in negotiating and completing sensible transactions despite the limited availability of price signals. This project will estimate the values market participants place on shares of ditch company water rights in Colorado's South Platte basin. Based on observed market activity, the hedonic will method will be used to estimate the implicit value consumers place on each characteristic of a water right, and the contribution of each characteristic to the water right's price. The dataset analyzed in this project includes price, quantity, reliability, location, and type of use information for 254 transfers of ditch company shares. Because these data are proprietary and difficult to collect, this dataset represents one of the most comprehensive collections of water transaction information in existence for Colorado's South Platte basin. It is predicted that the ordinary least squares estimation of the hedonic price model developed in this project will reveal that reliable water supplies located near municipalities attract higher prices than variable water supplies situated downstream from cities. In addition, economies of scale and water price appreciation are predicted to exist in the South Platte basin.
Hunting licenses do not represent the true value of the sport for hunters. This study examines the monetary value hunters, resident and non-resident, place on elk hunting in Colorado and which factors affect their valuation. The contingent valuation method is used to determine this information through a survey that was posted on several internet hunting forums. A hypothetical fee increase in hunting licenses from an improvement in elk habitat is used in the survey. To elicit a response, this study uses a two part question for willingness to pay, which is different from previous studies. First, intervals are presented and then the respondent answers an open-ended question. The data obtained from the survey is analyzed using the Tobit regression method. Separate regression equations are used for resident and non-resident hunters. The study finds that Colorado resident and non-resident hunters have differing views on the amount of license fee increase they would accept and base their decision on different factors.
The National Basketball Association (NBA) is one of the four largest professional sports organizations in the United States. There are currently 23 teams in the NBA that gathered over $100 million in revenue during the 2007-08 season alone. This study examines the components of total NBA franchise revenues and investigates the effect that multiple losing seasons has on total revenue performance. A fixed-effects regression analysis is used to examine the effect of multiple losing seasons on total NBA franchise revenue. All the statistics and data observed in this study are from the 10 year period of 1999 to 2008. The findings in this study provide valuable information to NBA teams as to whether losing consecutive seasons affects total revenue performance.
The study undertaken in this paper will address the subject of the role of organizational culture in the success of GreatAmerica Leasing Corporation (GreatAmerica). This privately held commercial equipment finance firm has, against overwhelming odds, overcome serious competitive shortcomings to become one of the largest entities in a commoditized industry where brand name, cost of funds and expensive systems technology are thought to be overriding competitive advantages. The company has enjoyed a record of impressive financial success competing with some of the largest banking and other corporate giants while selling the exact same commoditized product; money.
This thesis measures the effect federal regulation has on market efficiency when considering the savings and loan failures of the 1980s and the mortgage market meltdown of 2007. It is argued that lower federal regulation over these institutions results in a lower level of market efficiency. Market efficiency is measured using the number of commercial bank and savings institution failures per year from 1980 through 2008. The level of federal regulation is calculated based on the amount and magnitude of annual policy changes. These factors are represented on a time series graphical model where index numbers of federal regulation are also calculated. This model demonstrates a relationship between low levels of regulation and high numbers of bank and savings institution failures.
The purpose of this study was to find out what effect tariff rates had on the territorial growth of late 19th century European, American, and Japanese empires. Many, if not most, historical studies of late 19th to early 20th century imperialism have explained it as a cultural phenomenon. Others have hypothesized that the territorial growth owes some explanation to protectionism. This study found that, given a three year lag, tariff rates can explain a little more than 50% of the aggregate territorial growth rate with diminished results when observing country-by-country.
A previous study suggests NFL teams are inefficient in their draft decisions. Additionally, previous studies find the NFL Combine to be a predictor of draft position but not a predictor of NFL performance. This has led some to question the overall usefulness of the Combine. The focus of this study is to determine if the NFL Combine has a positive informational value to decisions made in the NFL Draft. From an alternative perspective, this study suggests the Combine is only used to identify the best available players in a specific position for a specific year. Therefore the Combine's informative value to the NFL is its ability to act as a signal, by separating prospects in specific positions into groups based on characteristics that indicate their perceived value. A Spearman Rank Correlation is utilized to evaluate this hypothesis. Combine performance is found to significantly relate to draft round for Running Backs, Linebackers, and Defensive Backs. Alternatively, collegiate performance relates to draft round for Running Backs, Wide Receivers, Tight Ends, Defensive Ends, and Linebackers. For these positions, with the exception of Running Backs and Linebackers, collegiate performance appears to act as a signal instead of Combine performance. The Combine can be considered a signal only for Running Backs, Linebackers, and Defensive Backs. Therefore there is evidence of signaling within the NFL Draft for six of the eight skill positions observed. Further, evidence from this study suggests the additional information from the Combine has a positive value when it has an influence on draft decisions. Therefore the Combine appears to have a positive informational value, but further research is necessary.
Payday lenders provide access to credit for millions of credit-challenged Americans. Yet because payday loans are viewed as a predatory debt trap many states have passed legislation that effectively prohibits their use, and other states are quickly following their lead. The restriction of credit in an economically stressed environment punishes those who are less able to weather the turmoil. This thesis examines the seminal articles, studies, and reports on the development of payday lending and analyses current trends from the consumer's perspective, and used a survey to determine the consumers' attitudes toward payday loans and to understand what alternatives sources of credit they might use if payday lending were no longer available. This thesis concludes that Colorado payday borrowers are becoming more responsible despite the pitfalls of payday lending, and that current legislation is effective at protecting the consumer. Furthermore, Colorado consumers like payday lending because it fills their need for small loan credit and they believe it is their best option available.
This thesis explores the role of mentorship in entrepreneurial ventures. With staggering failure rates of entrepreneurial firms, the study of the determinants of success and failure of entrepreneurs is abundant. Among the key determinants of success are the factors comprising the human capital of entrepreneurs. Using models and theories based on corporate mentorship, this thesis bridges the gap between the study of entrepreneurial human capital and mentorship. Relying on seventeen interviews with a variety of entrepreneurs from around the country, this thesis identifies the significance placed on mentorship, reveals the models these relationships can take, and identifies the primary benefits of mentorship among entrepreneurs.
An online social network is a venue on the internet designed for interactions among members of a community. Hundreds of millions of people across the world engage in social networking to connect with each other making this relatively new practice a significant part of our lives. This year online social network membership is expected to include 50% of internet using adults and 84% of internet using teenagers. This study compares several factors relating to the two sectors of the online social networking industry, which are niche and generic websites. The analysis of these factors is used to conduct a five forces analysis on the industry. The analysis attempts to determine the competitive environment, the current state of the industry and where it might be heading. It was found that users of niche networks showed much higher levels of loyalty meaning switching costs for niche users were higher than for generic users. Niche users also showed much higher levels of engagement than generic users, which potentially will generate higher levels of profits as social networking grows. The five forces analysis concluded that the industry is an attractive one to enter if the entrant pursues a niche strategy, can cope with strong supplier forces, and can effectively build a large as well as highly engaged member base, thus generating very high traffic and profits.
Since the North American Free Trade Agreement (NAFTA) has been such a debatable topic for the past 15 years of it's implementation, previous research has been conducted on this topic. However, most of this research ignores the positive effects that this agreement may have caused. The purpose of this thesis is to examine an industry that has experienced positive changes induced by NAFTA. The positive changes are expected to have occurred using expectations from classical international trade theory. Based off of these theories, the hypothesis is that in an industry that has experienced an increase in net exports, employment will have increased as well. This thesis examines the cattle industry in Colorado, which has seen a net increase in exports of beef products as a direct result of NAFTA. A qualitative research method was used, interviewing cattle ranchers in Colorado to gather data on the changes that have occurred since NAFTA. Results from data show that NAFTA has caused employment in this industry to remain stable over the NAFTA years. Also concluded from the data is that international trade models do not explain enough, resulting in expectations that do not capture the entire dynamics of free trade and globalization.