Boston College

About: Boston College is a education organization based out in Boston, Massachusetts, United States. It is known for research contribution in the topics: Population & Poison control. The organization has 9749 authors who have published 25406 publications receiving 1105145 citations. The organization is also known as: BC.

Were the Good Old Days That Good? Changes in Managerial Stock Ownership Since the Great Depression

Abstract: We document that ownership by officers and directors of publicly traded firms is on average higher today than earlier in the century. Managerial ownership has risen from 13 percent for the universe of exchange-listed corporations in 1935, the earliest year for which such data exist, to 21 percent in 1995. We examine in detail the robustness of the increase and explore hypotheses to explain it. Higher managerial ownership has not substituted for alternative corporate governance mechanisms. Lower volatility and greater hedging opportunities associated with the development of financial markets appear to be important factors explaining the increase in managerial ownership. THE SEPARATION OF OWNERSHIP AND CONTROL of firms has generated an enormous literature since the publication of Berle and Means' The Modern Corporation and Private Property (1932). In both academic and public policy circles, there has been much debate about the consequences of "absentee ownership" (Veblen (1923)) and what policies should be undertaken to remedy the situation. Berle and Means warn that the separation of ownership and control "destroys the very foundation on which the economic order of the past three centuries has rested" and assert that the "[d]ispersion in the ownership of separate enterprises . . . has already proceeded far, it is rapidly increasing, and appears to be an inevitable development" of the modern cor

The Theoretical Underpinnings of Customer Asset Management: A Framework and Propositions for Future Research

Abstract: Most research in customer asset management has focused on specific aspects of the value of the customer to the company. The purpose of this article is to propose an integrated framework, called CUSAMS (customer asset management of services), that enables service organizations (1) to make a comprehensive assessment of the value of their customer assets and (2) to understand the influence of marketing instruments on them. The foundation of the CUSAMS framework is a careful specification of key customer behaviors that reflect the length, depth, and breadth of the customer-service organization relationship: duration, usage, and cross-buying. This framework is the starting point for a set of propositions regarding how marketing instruments influence customer behavior within the relationship, thereby influencing the value of the customer asset. The framework and propositions provide the impetus for a research agenda that identifies critical issues in customer asset management.

Knowing and Caring About Politics: Gender and Political Engagement

Abstract: This paper demonstrates that women are less politically interested, informed, and efficacious than men and that this gender gap in political engagement has consequences for political participation. Only when gender differences in political interest, information, and efficacy are considered along with gender differences in resources can we explain the relatively small disparity between the sexes with respect to political activity. When we searched for the origins of the gender gap in political engagement, we found that it can be explained only partially by gender differences in factors such as education that are associated with political engagement Furthermore, these gender differences in political orientation seem to be specific to politics-rather than the manifestation of general personal attributes Investigation of the extent to which the cues received by males and females that politics is a man's world are responsible for the gender gap in political engagement yielded results that were suggestive, but ...