An empirical examination of some 700 corporate fraud lawsuits shows a significant overlap in the application of the variety of suits available, as well as pronounced differences in the effectiveness of the various kinds.
We examine strategic alliances in an attempt to explain the increase in their use and the statistically significant increase in announcement day abnormal returns evident. Of the 10,141 strategic alliances we examine between 1983 and 2004, on average there is a statistically significant positive market response consistent with earlier research. Despite their increased use and positive announcement response, evidence suggests that approximately half of all strategic alliances result in negative shareholder wealth effects, perhaps portending impending alliance failure. Our research helps to differentiate those strategic alliances that are viewed favorably by the market from those that are not.
The Leahy-Smith America Invents Act includes provisions for prioritized examination of patent applications. The United States Patent and Trademark Office (Office) implemented the Leahy-Smith America Invents Act prioritized examination provision following the prioritized examination track (Track I) of the proposed 3-Track examination process in a previous final rule. The final rule was made applicable to newly filed patent applications. In order to provide patent applicants with the flexibility to accelerate processing of their applications in which a request for continued examination has been filed, the Office is now permitting applicants to request prioritized examination for applications after the filing of a request for continued examination.
The purpose of this article is to examine the impacts of e-government in Canada on both inter-governmental relations and local governance. The rationale for such an examination stems from the emergence, over the past decade of two parallel discourses in public sector and governance reform: first, e-government as primarily a set of national and provincial strategies for public sector reforms, and secondly, a discourse has focused on the rising importance of municipal government and local governance systems. The main problem at present remains the absence of more holistic thinking on the need for a new enterprise, federated architecture for collaboration that entails an overhaul of the existing political arrangements of the federation. An additional lesson to draw at present is that the w...
In a recent investigation of consumer complaining, Bolkan and Daly (2007) found that consumer complaints were mitigated by organizational response types (excuses, justifications, and apologies) and their components (believability, appropriateness, consideration, and accepting responsibility). What remained to be explained was if organizations' remediation tactics differed in the minds of consumers of services and products. The current study sought to determine if consumers of services and products differ in their perceptions of organizational remediation messages. Results showed two major patterns reoccurred throughout. First, assuming responsibility was less important for service-based failures than it was for product-based failures. Second, alleviating negativity was easier to do for ...
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