Matching Items (410)
Description
This thesis provides an in-depth comparison of the attractiveness of leveraged buyout (LBO) transactions under low versus high interest rates. In particular, our analysis focuses on how London Interbank Offered Rates (LIBOR) affect internal rates of return for hypothetical LBO transactions, assuming financing structure and operational enhancements for the individual transactions are held constant. Given that LIBOR rates are currently at historically low levels, we model four hypothetical LBO transactions in the specialty retail space using both historically high and currently low LIBOR rates (for a total of eight model outputs). We quantify the extent to which high rates have the potential to decrease LBO value, while low rates may enhance value. Through this thesis, we have obtained a better understanding of LBO transaction modeling, an understanding that will make us more effective as professionals in investment banking. Finally, this thesis can serve as a step-by-step guide to LBOs for undergraduate finance students, particularly for members of the Investment Banking Industry Scholars (IBIS) program at Arizona State University.
ContributorsGormley, Sean (Co-author) / Hert, James (Co-author) / Coles, Jeffrey (Thesis director) / Bhattacharya, Anand (Committee member) / Barrett, The Honors College (Contributor) / Department of Economics (Contributor) / Department of Finance (Contributor) / School of Accountancy (Contributor)
Created2014-05
Description
This thesis focuses on the supply chain of the wine industry from a smaller scale operational perspective. A standard process from converting grapes to wine has been identified and confirmed. The sequential order of harvest, destemmer/crusher, fermentation, press, barrels, bottling, and distribution constitute the main tasks in the red wine conversion process. Variations in production between red and white wines are observed; but, the overall process is roughly the same with white wines switching the fermentation and press steps and eliminating the barrels task. In addition, it is established that supply chain considerations do effect overall quality such as taste, aroma, and smell. The ability to utilize a combination of diverse techniques, such as wooden barrels or stainless steel tanks for aging, is what contributes to the differentiation of each wine and makes it unique. While the production methodology and use of specific materials/inputs will alter the quality of wine, it must be recognized that the majority of wine quality is influenced directly by the grape itself. The use of technology and machinery in the wine making process is investigated and determined to be pivotal to the creation of wine and the survival of any size winery. Technology has facilitated the wine making process and the current creation path could not occur without it. Wine operations will adapt and incorporate new procedures to take advantage of growth in technology as it occurs, especially in automation. The information used to assess the wine supply chain was obtained from an extensive literature review, interviews with industry professionals, and onsite tours of production facilities. Given all the results and data, it is evident that the production of wine can greatly benefit from the use of supply chain practices and concepts. The ability to reduce variation in the process and determine which aspects contribute most to wine quality are vital for small scale winery operations to remain competitive and become successful.
ContributorsClarke, Tanya N (Author) / Oke, Adegoke (Thesis director) / Gopalakrishnan, Mohan (Committee member) / Barrett, The Honors College (Contributor) / Department of Economics (Contributor) / Department of Supply Chain Management (Contributor)
Created2014-05
Description
This paper examines how China was able to influence modernization in Southeast Asia during the time period of 1980-1995. Following thirty years of isolation, China opened itself up to foreign investments in an effort to modernize the country. Comparing the inflows and outflows of investment between China, Hong Kong, Singapore, Malaysia, and the Philippines, the impact on industries can be seen. China opening itself up to the world served as a catalyst for the region and helped lead to development and modernization in each country examined.
ContributorsVan Streain, Taylor Andrew (Author) / Mendez, Jose (Thesis director) / Rush, James (Committee member) / Barrett, The Honors College (Contributor) / Department of Economics (Contributor) / W. P. Carey School of Business (Contributor) / School of Social and Behavioral Sciences (Contributor) / School of Politics and Global Studies (Contributor)
Created2014-05
Description
Blue House Coffee is a company started by four friends with a passion for roasting fresh, quality coffee. The company's current business operations include online sales through a company website and beverage sales from a bicycle-driven coffee cart. Blue House Coffee offers a diversity in variety of high-quality roasted coffee and a top-of-the-line iced coffee as its core products. The Marketing Plan is the next step in solidifying the company's goals and will play an integral role in better understanding the business, the customers, and a strategy for success.
ContributorsZeigler, Zachary Alan (Author) / Eaton, John (Thesis director) / Mokwa, Michael (Committee member) / Barrett, The Honors College (Contributor) / Department of Economics (Contributor) / Department of Supply Chain Management (Contributor)
Created2014-05
Description
Adaptation theorists suggest that effective film adaptations combine familiar material from the source with new material from the screenwriter. This study assessed the success of The Hunger Games film adaptations through analysis of the latent fairytale structure within each movie and parallel novel, and recommended film adaptation improvements. Russian scholar Vladimir Propp's structural analysis approach was used to identify 32 distinct functions and classify the series as a fairytale.
ContributorsMcGlynn, Rita Kathryn (Author) / Parker, John (Thesis director) / White, Julianne (Committee member) / Barrett, The Honors College (Contributor) / School of International Letters and Cultures (Contributor) / Department of Chemistry and Biochemistry (Contributor) / Department of Psychology (Contributor)
Created2014-05
Description
This paper takes a look at developing a technological start up revolving around the world of health and fitness. The entire process is documented, starting from the ideation phase, and continuing on to product testing and market research. The research done focuses on identifying a target market for a 24/7 fitness service that connects clients with personal trainers. It is a good study on the steps needed in creating a business, and serves as a learning tool for how to bring a product to market.
ContributorsHeck, Kyle (Co-author) / Mitchell, Jake (Co-author) / Korczynski, Brian (Co-author) / Peck, Sidnee (Thesis director) / Eaton, John (Committee member) / Barrett, The Honors College (Contributor) / Department of Finance (Contributor) / Department of Economics (Contributor) / Department of Management (Contributor) / Department of Psychology (Contributor) / Department of Supply Chain Management (Contributor) / School of Accountancy (Contributor) / W. P. Carey School of Business (Contributor)
Created2014-05
Description
Economists, political philosophers, and others have often characterized social preferences regarding inequality by imagining a hypothetical choice of distributions behind "a veil of ignorance". Recent behavioral economics work has shown that subjects care about equality of outcomes, and are willing to sacrifice, in experimental contexts, some amount of personal gain in order to achieve greater equality. We review some of this literature and then conduct an experiment of our own, comparing subjects' choices in two risky situations, one being a choice for a purely individualized lottery for themselves, and the other a choice among possible distributions to members of a randomly selected group. We find that choosing in the group situation makes subjects significantly more risk averse than when choosing an individual lottery. This supports the hypothesis that an additional preference for equality exists alongside ordinary risk aversion, and that in a hypothetical "veil of ignorance" scenario, such preferences may make subjects significantly more averse to unequal distributions of rewards than can be explained by risk aversion alone.
ContributorsTheisen, Alexander Scott (Co-author) / McMullin, Caitlin (Co-author) / Li, Marilyn (Co-author) / DeSerpa, Allan (Thesis director) / Schlee, Edward (Committee member) / Baldwin, Marjorie (Committee member) / Barrett, The Honors College (Contributor) / Department of Economics (Contributor) / School of Mathematical and Statistical Sciences (Contributor) / Economics Program in CLAS (Contributor) / School of Historical, Philosophical and Religious Studies (Contributor)
Created2014-05
Description
This study analyzes various reasons why some Americans find the subject of ghosts and ghost hunting so fascinating. A recent poll suggests that nearly half of Americans believe in ghosts. Thousands of ghost hunting societies exist in which members try to find proof of a supernatural world. Hundreds of films featuring paranormal elements have been released over the past few decades. The prevalence of this subject warrants further investigation regarding its appeal. Ghost stories have been passed down from one generation to the next for millennia in literature and by word of mouth. There have been accounts of ghosts haunting homes and families all over the world. Edgar Allen Poe and Nathaniel Hawthorne introduced the American horror story, which is characterized by themes that strike Americans where they care most. These stories transgressed from literature into film and television where they began reaching widespread audiences and continue to exist and thrive today. However, for as long as there have been people interested in ghost stories, there have been those interested in ghost hunting. This hobby became widely popular in the late twentieth century when popular films made it acceptable to discuss the possibility of a haunting in the home. Reality television then showed that anyone could be an investigator. Even though the topic of ghosts can be frightening and disturbing to some, others find ghost stories and ghost hunting very appealing. The purpose of this study is to understand the motivations of these investigations and the attraction to these tales. Over the course of this research, two interviews with local ghost hunters were conducted to understand their unique perspective on the subject. Further, public forums were analyzed to determine popular opinions regarding these appeals. Psychologists have proposed various theories regarding the appeal of ghosts in popular media, which provides a theoretical framework for the public opinions gathered from the forums. There is very little research regarding the motivations of ghost hunting, which is alarming. Many people have decided to dedicate their lives to this hobby, so why has so little research been conducted on the subject?
ContributorsCiliento, Nicole Angela (Author) / Parker, John (Thesis director) / Killoren, Lexi (Committee member) / Barrett, The Honors College (Contributor) / School of Social Transformation (Contributor) / Department of Chemistry and Biochemistry (Contributor) / School of Criminology and Criminal Justice (Contributor)
Created2014-05
Description
With the retirement of the Baby Boomer generation, the workforce is getting younger. Millennials will soon make up the majority of the workplace, and it is therefore imperative for organizations to understand the values and work expectations of this emerging generation. This thesis examines the importance of employment benefits towards work life balance and work satisfaction to Millennials, and what employers can do to recruit and retain this generation of workers in the current marketplace. The data for this study was collected by surveying MBA students enrolled at the W.P. Carey School of Business at Arizona State University. A total of sixty-eight students completed the survey, forty-five being Millennials and twenty-three members of Generation X. The data was analyzed using various statistical techniques to assess the generational importance of work life balance and its relationship between particular employee benefits and recruitment and retention at organizations.
ContributorsAguilar, Amanda Nicole (Author) / Kalika, Dale (Thesis director) / LePine, Marcie (Committee member) / Barrett, The Honors College (Contributor) / Department of Economics (Contributor) / Department of Management (Contributor)
Created2014-05
Description
After World War II both Japanese and Germans had to come to grips with the reality of defeat. It was during this time when both countries had to develop a new identity that was able to deal with the question of war responsibility. This paper attempts to compare these two identities using history textbooks from the occupation time period while keeping in mind the delicate balance between the wishes of the occupation authorities, the approaching Cold War, and the very nature of defeat itself.
ContributorsNeumann, Johannes (Author) / Moore, Aaron (Thesis director) / Benkert, Volker (Committee member) / Barrett, The Honors College (Contributor) / Department of Economics (Contributor) / Department of Finance (Contributor)
Created2014-05