Parallel importation in a supply Chain:The impact of gray market structure

With the rapid development of global economic integration, the size of gray markets continues to expand. The purpose of this paper is to analyse the impact of different structures of gray markets on supply chain decisions and profits. Using game theory, we comprehensively analyze pricing and quantity decisions under monopoly parallel importation (either third-party parallel importation or retailer parallel importation), and duopoly parallel importation, including three different structures in which the retailer and the third-party parallel importation coexist in gray markets with different power structures. We obtain equilibrium results for each structure, compare the optimal strategies of these structures, and develop valuable insights

Supply chain leadership: A systematic literature review and a research agenda

The main purpose of this study is to improve the understanding and comprehension of the supply chain leadership concept. To this aim, the paper systematically reviews and synthesises the current academic literature in this emerging field, unveiling research gaps and discussing a future research agenda. The review was performed by selecting papers from leading journals in the operations and supply chain management field (using the Scopus and Web of Science academic search engines). Overall, 51 relevant papers were identified through the review process. After providing an overview of classical leadership theories, the paper introduces a definition for the supply chain leadership concept. The theoretical characterisation of such concept is then investigated, through the identification of dominant leadership theories employed to explain and characterise supply chain leadership. Also, the study provides a thematic analysis of supply chain leadership styles and their influence on supply chain practices. Employed research methodologies, along with geographical specificities and supply chain orientations of previous studies, are also scrutinised. To the best of our knowledge, this is the first attempt to provide a holistic systematic literature review in the supply chain leadership domain. Therefore, this contribution is an important first step in order to establish robust theoretical frameworks involving the constructs of supply chain leadership and to provide a foundation for further studies in this field

The Ethnic Question in Law and Development

World on Fire: How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability, by Professor Amy Chua, is an analytically complex narrative of contemporary ethnic violence in the current era of globalization. Although such violence has historical roots, according to Chua it has also been fueled by free-market forces and democratization. The book is a forceful and provocative indictment of the current U.S. policy of promoting and exporting markets and democracy to developing and formerly communist, market-transitional countries. In her book, Professor Chua applies her thesis - that ethnicity, global capitalism, and democracy are a volatile mix - to countries such as Rwanda and Sierra Leone, Indonesia and Malaysia, Russia and Zimbabwe, Venezuela and the former Yugoslavia. As different as those countries are, they share a defining characteristic: the presence of what she calls market dominant minorities among the majority population - that is, minorities, such as the ethnic Chinese in Southeast Asia, Indians and Lebanese in Africa, Jews in post-Soviet Russia, the ethnic Kikuyu in Kenya, whose spectacular wealth and control of the economy arouse deep resentment in the impoverished majority. This majority views itself as the true, indigenous native whose mission is to retaliate against the economically dominant ethnic outsider and return the country to its rightful owners. This ill-will is deep and historically rooted but for the most part controlled by autocratic regimes. Two phenomena, market liberalization and democracy, have exacerbated and inflamed the situation. The introduction of laissez-faire capitalism into such environments has benefited those already economically dominant; that is, the already-hated market-dominant ethnic minority. Simultaneously, the spread of democracy, in the form of universal suffrage and electoral politics, has allowed ethnonationalist demagogues to catapult themselves into office by exploiting majority rage against market-dominant minorities (p. 6). In other words, markets allow an already-rich ethnic minority to get even richer, and democracy allows the already-impoverished ethnic majority to get even

The Ethnic Question in Law and Development

World on Fire: How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability, by Professor Amy Chua, is an analytically complex narrative of contemporary ethnic violence in the current era of globalization. Although such violence has historical roots, according to Chua it has also been fueled by free-market forces and democratization. The book is a forceful and provocative indictment of the current U.S. policy of promoting and exporting markets and democracy to developing and formerly communist, market-transitional countries. In her book, Professor Chua applies her thesis - that ethnicity, global capitalism, and democracy are a volatile mix - to countries such as Rwanda and Sierra Leone, Indonesia and Malaysia, Russia and Zimbabwe, Venezuela and the former Yugoslavia. As different as those countries are, they share a defining characteristic: the presence of what she calls market dominant minorities among the majority population - that is, minorities, such as the ethnic Chinese in Southeast Asia, Indians and Lebanese in Africa, Jews in post-Soviet Russia, the ethnic Kikuyu in Kenya, whose spectacular wealth and control of the economy arouse deep resentment in the impoverished majority. This majority views itself as the true, indigenous native whose mission is to retaliate against the economically dominant ethnic outsider and return the country to its rightful owners. This ill-will is deep and historically rooted but for the most part controlled by autocratic regimes. Two phenomena, market liberalization and democracy, have exacerbated and inflamed the situation. The introduction of laissez-faire capitalism into such environments has benefited those already economically dominant; that is, the already-hated market-dominant ethnic minority. Simultaneously, the spread of democracy, in the form of universal suffrage and electoral politics, has allowed ethnonationalist demagogues to catapult themselves into office by exploiting majority rage against market-dominant minorities (p. 6). In other words, markets allow an already-rich ethnic minority to get even richer, and democracy allows the already-impoverished ethnic majority to get even

CORPORATE SOCIAL RESPONSIBILITY IN ROMANIA

The purpose of this paper is to identify the main opportunities and limitations of corporate social responsibility (CSR). The survey was defined with the aim to involve the highest possible number of relevant CSR topics and give the issue a more wholesome perspective. It provides a basis for further comprehension and deeper analyses of specific CSR areas. The conditions determining the success of CSR in Romania have been defined in the paper on the basis of the previously cumulative knowledge as well as the results of various researches. This paper provides knowledge which may be useful in the programs promoting CSR.Corporate social responsibility, Supportive policies, Romania

The Ticker, May 16, 2016

The Ticker is the student newspaper of Baruch College. It has been published continuously since 1932, when the Baruch College campus was the School of Business and Civic Administration of the City College of New York