732 research outputs found

    Fair Wages When Employers Face the Risk of Losing Money

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    We study the behavior of employers and employees in a gift exchange game and find that employers offer lower wages when there is the risk of losing money. This, however, does not lead to lower effort level choices. In fact, effort per wage unit is significantly higher in the treatment with potential employer losses. This result can be in line with social comparison theories that are based on relative payoff differences. Alternatively, this result is also in line with the hypothesis that the risk of losing money increases the credibility of the employer's trust signal and, thus, the employee's reciprocity.fair wage, efficiency wage, social comparison, loss aversion

    The Limits of Congressional Investigating Power

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    Of recent years much publicity has been given to the activities of congressional investigating committees At the present time such a committee is engaged in examining witnesses and taking evidence concerning the operations of munitions manufacturers. About a year ago a similar investigation of much publc interest was held coneerning the matter of air mail contracts. In the decade immediately preceding, the scandals arising out of the Harding administration formed the subject of similiar inquiries. Many like rncidents within present-day memory might be cited, but the mention of any single recent investigation should not create the impression that congressional activity of this character is a matter of recent development. Such investigations have been held at frequent intervals ever since the origin of the Federal Government. Before that time, their counterparts existed in the colonial legislatures, which in turn doubtless adopted this practice from the British Parliament

    Impact of the Federal Estate Tax on the LA Dodgers

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    This paper addresses the impact of the federal estate tax on a family-run business as well as the optimal estate planning techniques that can be implemented to ease the estate tax burden

    IM, Therefore I Am

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    The Scout

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    Foreign Corrupt Bribery Act: Long-term Benefits Should Outweigh Short-term Burdens

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    The purpose of this thesis is to examine the Foreign Corrupt Practices Act. Specifically, do long-term benefits from the FCPA outweigh short-term burdens? The paper begins with a short Introduction that provides a roadmap for the overall thesis. Chapter I discusses the business and economic environment of America during the 1970s. Specifically, the focus is on the Watergate scandal and how it played a crucial role in the enactment of the FCPA. Chapter II explains and analyzes specific provisions of the FCPA. It also demonstrates the FCPA‟s relationship to the Securities and Exchange Act of 1934 and the Sarbanes-Oxley Act of 2002. Chapter III provides a cost/benefit analysis of the FCPA, particularly by looking at the short-term burdens and the long-term benefits of the act. Chapter IV provides two case studies. My conclusion is that with proper adjustments, long-term benefits from the FCPA can outweigh short-term burdens

    Loving me or loving you: influencing the attitudes and behaviors of children through a prosocial intervention

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    Research indicates that narcissism may increase antisocial tendencies in children as young as preschool. In this quasi-experimental study, manners lessons on selfless, prosocial behavior were used as an intervention to decrease narcissism and antisocial behavior within second and third grade classrooms. Manners lessons provided children with opportunities to demonstrate prosocial attitudes toward others and thus were expected to decrease narcissism, increase empathy, decrease conduct problems and peer problems, and increase prosocial behavior. The present intervention positively influenced the external behavior of children as indicated by a decrease in conduct problems and peer problems and an increase in prosocial behavior for intervention group participants. The allotted treatment time did not produce a significant change in attitudes of narcissism or empathy, however. Additional, longitudinal studies are needed to further examine the influence of intervention on internal attitudes of narcissism and empathy

    Corporations

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    Covers corporate charitable contributions

    Corporation Law

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    Covers the Massachusetts Trust Act of 1959 and the Securities Act of Washington
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