Publications

January 2007 (Revised August 2007)
Case

Lobbying for Love? Southwest Airlines and the Wright Amendment

By: Felix Oberholzer-Gee, Dennis A. Yao, Libby Cantrill and Patricia Wu

The fall of 2004 brought exciting news to Love Field, the Texas headquarters of Southwest Airlines. Delta Airlines, one of Southwest's main competitors, had announced that it would dramatically decrease service from the nearby Dallas/Fort Worth International (DFW)... View Details

Keywords: Governing Rules, Regulations, and Reforms; Government Legislation; Business and Government Relations; Opportunities; Competitive Advantage; Air Transportation Industry; Texas

14 Mar 2011
Research & Ideas

Keeping Credit Flowing to Consumers in Need

far? A: While the Dodd-Frank Act outlined a broad blueprint for a revamped federal regulatory structure, the details have yet to be determined. The legislation created a new Consumer Financial Protection Bureau to better protect... View Details

Keywords: by Sean Silverthorne; Financial Services; Construction; Real Estate

01 Dec 2014
News

Ask the Expert: A Fair Share

That’s incredibly innovative. But some of the regulations don’t address—or sometimes even prevent—this innovation. The legislative process is slow and cumbersome, and to have these regulations not be able to be responsive is a mistake. My... View Details

06 Mar 2006
What Do You Think?

The China Dilemma for U.S. Firms: Comply, Resist, or Leave?

agendas. Further, they add that it is more appropriate that the U.S. government take whatever action is appropriate, including passing legislation requiring compliance. Questions posed by this dilemma go far beyond the basic arguments... View Details

Keywords: by James Heskett; Technology

20 Sep 2011
First Look

First Look: September 20

which banks can address federal CRA concerns, and thereby promote bank acquisitions in their jurisdictions. Thus, our findings suggest that the implementation of social legislation at one level in a federal regulatory system undermines... View Details

Keywords: Sean Silverthorne

10 Mar 2014
Research & Ideas

Counting Up the Effects of Sarbanes-Oxley

Widely deemed the most important piece of security legislation since formation of the Securities and Exchange Commission in 1934, the landmark Sarbanes-Oxley Act of 2002 was born into a climate still reeling from the burst of the... View Details

Keywords: by Julia Hanna; Accounting; Banking

March 2009 (Revised September 2011)
Case

UBS and Auction Rate Securities (A)

By: Daniel Baird Bergstresser, Shawn A. Cole and Siddharth Bhaskar Shenai

UBS, a global financial services company, must decide whether to continue to support the market for Auction Rate Securities in the face of a growing financial crisis. These instruments, underwritten by UBS, were marketed to clients as highly liquid and safe... View Details

Keywords: Cost vs Benefits; Financial Crisis; Asset Pricing; Financial Liquidity; Financial Instruments; Government Legislation; Risk and Uncertainty; Financial Services Industry

01 Jun 2018
News

The Long Run

much unstoppable when he sets his sights on something. In the past, that has included carving green space out of Atlanta’s urban wastelands; writing legislation to preserve Georgia’s Native American archaeological sites threatened by... View Details

Keywords: Julia Hanna; photographed by Melissa Golden

August 2003 (Revised January 2013)
Case

Multinational Corporations in Apartheid-era South Africa: The Issue of Reparations

By: Geoffrey Jones and Cate Reavis

Considers the lawsuits filed on behalf of victims of apartheid against multinationals who operated in South Africa prior to 1994. Reviews the debates about divestment from and sanctions against South Africa from the 1950s. Includes case studies of companies that... View Details

Keywords: Ethics; Multinational Firms and Management; Government Legislation; Lawsuits and Litigation; Business and Government Relations; Prejudice and Bias; South Africa

02 Aug 2018
News

Can Marketing Help Halt the Heroin Epidemic?

what should the State be doing. What's should the State agencies be doing, what should the Georgia legislature be doing, both budget wise and legislatively. And we were very happy that when the first few months of releasing that white paper, George passed two key... View Details

2023
Working Paper

Saving and Consumption Responses to Student Loan Forbearance

By: Justin Katz

How do households adjust savings and consumption in response to liquidity from debt relief? I study this question using policy variation induced by federal student loan forbearance in the 2020 CARES Act and an individual-level panel of daily financial transactions for... View Details

Keywords: Saving; Consumer Behavior; Borrowing and Debt; Interest Rates; Financial Liquidity; Personal Finance; Government Legislation

SSRN

February 2022 (Revised November 2022)
Case

Fondeadora

By: Álvaro Rodríguez Arregui and Mitchell Weiss

Norman Müller and René Serrano, cofounders of Fondeadora, a Mexican “neobank,” had lined up a $12.5 million in Series A funding round in 2020 only to run into a major obstacle: The lead investor was Gradient Ventures, a venture firm launched by Alphabet, Inc., and... View Details

Keywords: Fundraising; Entrepreneurship; Venture Capital; Financial Institutions; Business Startups; Government Legislation; Governing Rules, Regulations, and Reforms; Financial Strategy; Financial Services Industry; Mexico City; Latin America