Corporations want new warehouses to fit new goals in material handling and supply-chain design. Development activity in the New Jersey industrial market illustrates the trend toward built-to-suit warehouses. Corporations specify and build their own distribution facilities only when nothing existing in the market fits or can easily adapt to their needs. That is the case in northern New Jersey and in distribution hubs across the country. Ordinarily, corporations will compromise on warehouse featu ...
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This paper presents new evidence on disaggregated profit and loss (P/L) and Value-at-Risk (VaR) forecasts obtained from a large international commercial bank. The dataset includes daily P/L generated by four separate business lines within the bank. All four business lines are involved in securities trading and each is observed daily for a period of at least two years. Given this unique dataset, the paper provides an integrated, unifying framework for assessing the accuracy of VaR forecasts. The ...
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The U.S. mortgage industry has experienced a tremendous amount of turbulence in recent years, and because of the depth of the current financial crisis, the situation is only expected to get worse. The rapid devaluation of home values across the United States has exposed mortgage lenders and servicers to previously unseen levels of negative equity, as they have been greatly impacted by the increasing number of borrowers who owe more on their mortgages than the homes are currently worth. Approxim ...
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In this paper the authors study the antecedents of subordinates' trust in their leaders (STL). In particular, they focus on the effects of managerial trustworthy behavior (MTB) and subordinates' perceptions of Leaders' Trust in them (LTS). They develop a scale of managerial trustworthy behavior following the typology proposed by Whitener, Brodt, Korsgaard and Werner (1998) that includes: behavioral consistency, behavioral integrity, sharing and delegation of control, communication, and demonstr ...
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