Browsing Kaw Valley Bank Working Paper Series by Submit Date
Now showing items 21-40 of 232
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Impact of Tax Increment Financing on Municipal Employment Growth
(Washburn University. School of Business, 2004-03-1)Increasingly, municipal leaders justify their use of Tax Increment Financing (TIF) by touting its role in improving municipal employment growth. However, empirical studies on TIF have limited themselves to examining the ... -
Firm Value and the Debt-Equity Choice
(Washburn University. School of Business, 2004-08-1)This paper offers gain to leverage formulations showing how changes in equity and debt discount rates influence firm value. Applications of these formulations illustrate the impact on firm value with risk-free debt and ... -
Calculated Intangible Value and Brand Recognition
(Washburn University. School of Business, 2005-10-1)How can a company value its various intangible assets? By definition, intangible is "a good, service, or effect that has no monetary value." One example of an intangible asset is employee knowledge. For instance, an ... -
Empirical Analysis of Up-or-Out Rules for Promotion Policies
(Washburn University. School of Business, 2004-05-1)Results suggest that certain up-or-out models are valid even when the firm does not have such a policy, and shows that using this procedure as a basis for the estimation procedure predicts the promotion and exit survival ... -
A Study of Perceived Satisfaction with Healthcare Services Among New Zealand Healthcare Users
(Washburn University. School of Business, 2004-04-1)A mailed survey to measure perceived New Zealand healthcare users satisfaction with selected issues of healthcare is presented. A proportional random sampling process was employed to elect 602 registrants from the New ... -
"Big Three" of the Auto Industry: Analyzing and Predicting Performance
(Washburn University. School of Business, 2005-09-1)We analyze the financial performance of three leading automobile manufacturers (referred to as the "Big Three"). The analysis incorporates the use of leading finance web sites with traditional and newer financial ratio ... -
Improving Transparency of Expected Losses from Pending Litigation
(Washburn University. School of Business, 2004-04-1)The passage of the Sarbanes-Oxley Act in 2002 has added a new dimension to transparency in financial reporting of publicly help companies. As a result of the Sarbanes-Oxley Act, CEO's and CFO's are required to personally ... -
Changing Perspectives on Corporate Payout Policy: From Cash Dividends to Share Repurchase
(Washburn University. School of Business, 2005-10-1)Considerable evidence exists that investors' high regard for regular dividend payments is well-founded. Dividends are tangible cash flow streams that give stocks their intrinsic value, in addition to lowering risk and ... -
Dilemma in the Family-Owned Businesses: Business Commitment vs. Family Commitment. Is Success Changing The Balance?
(Washburn University. School of Business, 2005-10-1)The paper examines the commitment relationship that exists between family and the business they own. The study builds on the previous work done on family attitudes and family involvement and identifies two types of family ... -
Coaching Decisions Influence Over Potential Overtime Games in the NFL
(Washburn University. School of Business, 2005-12-1)In the National Football League, it is important for a coach to use all information available when deciding, during the game, whether to attempt to win a game during regulation or to play for overtime. An incorrect decision ... -
Exploring Strategic Change: A Case Analysis of the ConocoPhillips Merger
(Washburn University. School of Business, 2005-12-1)Americans today face energy costs which are spiraling upward every time they fill their cars with gas. Fingers point at large oil companies as people seek the real culprit for increased prices at the pump. On the other ... -
Capital City Corporation: A Case Study in Financial Analysis and Forecasting for Shareholder Value Creation
(Washburn University. School of Business, 2006-01-1)A firm's senior management team must reach a consensus regarding key strategic decisions available to the company. A comprehensive financial analysis of the firm's past performance and future prospects is necessary to ... -
Do Taxes Affect Public Utility Company Debt-Financing Decisions?
(Washburn University. School of Business, 2005-12-1)This study examines whether tax incentives influence debt-financing decisions in the public utility industry. We find no relation between debt financing decisions and tax incentives for the public utility industry as a ... -
Will The Market P/E Ratio Revert Back to Average?
(Washburn University. School of Business, 2006-01-1)We show that the way investors use the "Fed Model" to benchmark the earnings yield on stocks to the 10-year T-note yield has resulted in these two series becoming cointegrated over time. The market earnings yield and its ... -
Leverage Borrowing Rates, Tax Rates And Growth Rates
(Washburn University. School of Business, 2005-12-1)This paper extensively broadens the perpetuity gain to leverage (GL) equations of Modigliani and Miller (1963) and Miller (1977) by developing a capital structure model (CSM) that contains a series of perpetuity GL equations ... -
RFID: Keeping America Safe from Counterfeit Pharmaceuticals
(Washburn University. School of Business, 2005-12-1)This paper looks at the use of a new technology, RFID tags (radio frequency identification) to assure the American public is kept safe from counterfeit pharmaceutical drugs. -
A Proposed Model for Measuring Expected Losses from Litigation Contingencies
(Washburn University. School of Business, 2006-01-1)According to the Securities and Exchange Commission (SEC), financial reporting has become an exercise of compliance with the copious number of rules prescribed in accounting standards rather than doing what is necessary ... -
Accounting Standards and Their Effect on the Expected Cost of Equity Capital: Evidence from the Swiss Stock Exchange
(Washburn University. School of Business, 2006-02-1)Economic theory has established the link between information quality and the cost of equity capital (Easly and O'Hara 2004). An empirical implication of the theory is that firms' accounting standard choices and disclosure ... -
Understanding and Influencing Attackers' Decisions: Implications for Security Investment Strategies
(Washburn University. School of Business, 2006-04-1)We consider a model of economic behavior of attackers for the case when they are able to obtain complete information about the security characteristics of each target and the case when such information is unavailable. We ... -
Framework for an Ethics Course for the Information Technology Student
(Washburn University. School of Business, 2006-02-1)Social and ethical issues have and will continue to confront information technology professionals. As such, both the Association of Computing Machinery and Institute of Electrical and Electronics Engineers, Inc. organizations ...