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Browsing School of Hotel Administration Collection by Title
Now showing items 578-597 of 1235
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Learning to Become a Taste Expert
(2018-06-01)Evidence suggests that consumers seek to become more expert about hedonic products to enhance their enjoyment of future consumption occasions. Current approaches to becoming expert center on cultivating an analytic mindset. ... -
Leverage, Volatile Future Earnings Growth and Expected Stock Returns
(2014-08-07)We provide theory and evidence to complement Choi's [RFS, 2013] important new insights on the returns to equity in `value' firms. We show that higher future earnings growth ameliorates the value-reducing effect of leverage ... -
Lexical Interference in Semantic Processing of Simple Words: Implications for Brand Names
(2005-01-01)This study provides evidence for a Stroop-like interference effect in word recognition. Based on phonologic and semantic properties of simple words, participants who performed a same/different word-recognition task exhibited ... -
Limited Partnerships and Reputation Formation
(2004-09-01)This paper analyzes the optimal quality decision of a producer in a multi-period setting with reputation effects. Using a unique database of returns on real estate limited partnerships (RELPs), we empirically examine ... -
Linking Ethical Leadership to Employee Performance: The Roles of Leader-Member Exchange, Self-Efficacy, and Organizational Identification
(2011-07-01)This research investigated the link between ethical leadership and performance using data from the People’s Republic of China. Consistent with social exchange, social learning, and social identity theories, we examined ... -
Liquidity: Considerations of a Portfolio Manager
(2007-08-29)This paper examines liquidity and how it affects the behavior of mutual fund portfolio managers, who account for a significant portion of trading in many assets. We define an asset to be perfectly liquid if a portfolio ... -
List Price Information in the Negotiation of Commercial Real Estate Transactions: Is Silence Golden?
(2013-11-01)We examine the use (and non-use) of list price information in the process of marketing commercial real estate. While housing market research suggests that list prices can serve as a strong anchor and/or signal, list price ... -
Listening: The Toughest Management Skill
(1987-02-01)Ranked by personnel managers as the most important problematic communication skill in organizations today, listening is the most used skill that is taught least frequently. Listening skills of managers and employees can ... -
Living a Vision at Hillerman Hotels
(2004-03-01)This case describes the efforts of Hillerman Hotels to turnaround the operating performance of the Westward Hilton and Towers, a hotel they purchased out of bankruptcy when the previous owner was forced to sell the property. ... -
Living with Terminal Capitalization Rates: A Look at Real Estate Valuation Model Parameter Setting
(2011-04-10)This paper examines assumptions about future prices used in real estate applications of DCF models. We confirm both the widespread reliance on an ad hoc rule of increasing period-zero capitalization rates by 50 to 100 basis ... -
Living Without OTAs—Goodbye Columbus: Putting the Jenie Back in the Bottle
(2018-02-01)A recent Cornell Hospitality Quarterly article highlighted a unique natural experiment where an entire city had all its hotel delisted from all online travel agents for more than 4 years. The article provides great background ... -
Local Economic Base, Geographic Diversification, and Risk Management of Mortgage Portfolios
(1987-10-01)Variability of local economic conditions underlie, in part, the default and prepayment risks of mortgages originated in a metropolitan area. In this study we examine the benefits of diversifying across metropolitan areas ... -
Lodging Demands for Urban Hotels in Major Metropolitan Markets
(2005-01-01)Analyzing urban hotel properties located in major metropolitan markets during the 1989 to 2000 period, this study provides empirical evidence that various measures of current income, expectations of future income, the own ... -
Lodging Stocks Outperform Casinos on Wall Street, Reversing Their 1992-93 Performance
(1994-01-01)A comparison of the stock market performance of lodging stocks and casino stocks over the past year reveals returns superior to the S&P500 for both groups. Over the 52-week period ending March 18, 1994, the average price ... -
Long-Term Effects of Firm Size on Life Insurer Mortgage Investment
(1981-06-01)In this paper the reoccurring question of whether the life insurance industry's largest insurers possess and benefit from unique mortgage investment opportunities is examined. A portfolio adjustment model is presented which ... -
Looking Beyond RevPAR: Productivity Consequences of Hotel Strategies
(1999-04-01)[Excerpt] Productivity is always an important consideration for hotel operators. When times are bad, hotel managers first look to boosting their operations’ productivity to enhance profitability. When times are good, ... -
Los Precios De Los Hoteles En Un Mundo Intercommunicado
(2003-11-01)El desarrollo de internet nos ha demostrado el poder que tienen las redes de comunicación. Debido a su rapidez y agilidad, las redes de comunicación pueden ser incluso más eficaces que las burocracias monolíticas. Las ... -
Lump-Sum Bonus Satisfaction: Testing the Construct Validity of a New Pay Satisfaction Dimension
(2000-01-01)There are both practical and theoretical reasons to measure lump-sum bonus satisfaction. The practical need for such a measure stems from its increased use as a component in modern compensation practices. Based on the means ... -
Macroeconomic Risk Factors and the Role of Mispriced Credit in the Returns from International Real Estate Securities
(2015-04-01)The benefits of diversification from international real estate securities are generally well established. However, the drivers of international real estate securities returns are insufficiently understood. We jointly examine ... -
Make My Memory: How Advertising Can Change Our Memories of the Past
(2002-01-01)Marketers use autobiographical advertising as a means to create nostalgia for their products. This research explores whether such referencing can cause people to believe that they had experiences as children that are ...
