461 Posts found for Source: Knowledge@Wharton

In any revolutionary technology, the pace of change is overestimated in the short run, and the magnitude of change is underestimated in the long run.

Content: Quotation | Source: Knowledge@Wharton | Subjects: Change Management, IT / Technology / E-Business

For mutual fund analysts, new insights into evaluating a fund’s performance don’t come along every day. Lately, though, financial experts at Wharton and other schools have collaborated on research that challenges some long-held notions about which funds are best for investors. Included in that research is a paper by Lubos Pastor of the University of Chicago and Wharton’s Robert Stambaugh on how to improve standard … [ Read more ]

Content: Article | Authors: Lubos Pastor, Robert Stambaugh | Source: Knowledge@Wharton | Subject: Finance | Industry: Investment Banking

When the tech-stock bubble burst in 2000, a number of companies allowed key employees to cancel previous options-based stock purchases that had left them with deep losses. The implications of such favoritism are troubling enough that the SEC – not to mention shareholder activists – are taking a closer look.

Content: Article | Source: Knowledge@Wharton | Subjects: Corporate Governance, Trends / Analysis

chief strategy officer at 12 Entrepreneuring; author of bestsellers Net Gain: Expanding Markets Through Virtual Communities and Net Worth: Shaping Markets When Customers Make the Rules

Content: Thought Leader | Source: Knowledge@Wharton | Subject: Management | Industry: Consulting

Interested in a market that constitutes one-fifth of all the people in the world? Consider China. Many Western companies already have, as the country’s burgeoning economic growth tempts more and more executives to try to navigate the complexities of Chinese business and culture.

Ming-Jer Chen, founder/director of Wharton’s Global Chinese Business Initiative and author of a new book entitled Inside Chinese Business: A Guide for Managers … [ Read more ]

Content: Article | Author: Ming-Jer Chen | Source: Knowledge@Wharton | Subject: International – Asia

Founder, with partner Tom Geniesse, of Quisic.

Content: Thought Leader | Source: Knowledge@Wharton | Subject: Management | Industry: Education / Training

Given the ease and availability of online trading over the past several years, just how has the behavior of average investors changed? Are these individuals trading online more, and more frequently, or does their natural conservatism distance them from the lure of trading on the web? Finance professor Andrew Metrick and two colleagues from Harvard University find some answers in a recent research paper … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Finance | Industry: Investing

Now that employees in many dot-com companies have suddenly found their stock options to be substantially “out of the money,” is it time to announce the death of stock options as an integral component of compensation packages? Not so fast, argue Wharton accounting professors Christopher Ittner, Richard Lambert and David Larcker in a new paper that studies whether the performance of new economy firms is … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subjects: Human Resources, Organizational Behavior

Still wondering why the dot.com bubble burst? And what’s going to happen to all those smaller bubbles, the approximately 12,000 dot-coms that are still alive, many of them just barely? In a paper entitled, Shakeouts in the New Economy, Wharton marketing professor George Day and co-author Adam Fein analyze the causes of the bust and tell how to pick which companies will survive the downturn. … [ Read more ]

Content: Article | Author: George Day | Source: Knowledge@Wharton | Subject: Trends / Analysis

The Financial Accounting Standards Board is proposing to change the way a company accounts for the premium – or payment in excess of fair market value – that it pays to acquire another company. The idea is to give analysts and others more information about merger activity, thereby allowing them to make better investment decisions. But as usual, there is more going on than meets … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Accounting

former partner with McKinsey and now CEO of CNBC.com and executive vice president of NBC.

Content: Thought Leader | Source: Knowledge@Wharton | Subject: Management | Industry: Entertainment / Media

Our industry is full of unpleasant type-A personalities such as myself…Never stand between me and a place I want to go. Don’t confuse my civility with complacency.

Content: Quotation | Source: Knowledge@Wharton | Subject: Personality / Behavior

Chairman and CEO of Merrill Lynch & Co.

Content: Thought Leader | Source: Knowledge@Wharton | Subject: Management | Industry: Finance / Banking

David Komansky, chairman and CEO of Merrill Lynch & Co., finds it ironic that the head of a financial services firm gets asked to lecture on the new economy these days. “Our company has been called ‘a relic from the Cro-Magnon era’,” he said during a visit to Wharton. “But because of the patterns that started in the last year, some of the virtues of … [ Read more ]

Content: Article | Author: David Komansky | Source: Knowledge@Wharton | Subjects: Finance, Trends / Analysis | Industry: Finance / Banking

With the click of a mouse, the ability of consumers to compare prices for everything from a new car to a new condo to a new coat has been dramatically transformed. Businesses in turn have had to throw out old, static pricing models and find new ways to respond to customers’ digital dexterity. Results have been mixed.

Content: Article | Source: Knowledge@Wharton | Subjects: Marketing / Sales, Pricing

Online recruiting is changing the way employers think about finding good employees and the way employees think about their jobs and their employers. Indeed, the Internet may completely change the way companies manage human resources, says Peter Cappelli, a professor of management at Wharton. But while the Internet makes it easy to find resumes of passive applicants – people who are happy with their current … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subjects: Career, Human Resources

Do managers think they know more than they actually do? Are they overconfident? If so, what does this mean for their ability to make decisions? Wharton marketing professor Wes Hutchinson and Joseph Alba, a colleague from the University of Florida, examine these questions in a study that explores the links between confidence and accuracy. One conclusion: If you’re 90% sure you’ll hit a target, the … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Management

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For more than two decades, Morris Cohen, a Wharton professor of operations and information management, has studied how companies use supply chains to support their after-sales service operations. This research has had an impact on companies in industries ranging from computers to automobiles. Now, according Morris and his colleagues, the arrival of the Internet is revolutionizing supply chain management in ways that can dramatically lower … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Operations

Companies such as Infosys and Wipro have established India as a formidable player in the world information technology industry, and Indian expatriates have taken Silicon Valley by storm. Still, Indians should not let these facts go to their heads; the country has a long way to go before it can provide basic amenities such as water, education and uninterrupted power supply to most if not … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: International – Asia