Every year, local, state and federal governments contract out substantial portions of their work to the nonprofit sector. New York City alone contracted out almost $7 billion in 1999. Indeed, President Bush has made increasing such sub-contracting one of his new initiatives. But how do these contracts affect the nonprofits that win them?
March 12, 2002 - Fifteen Yale MBA students are enroute to Japan for a weeklong study trip to an array of Japanese firms and multinational corporations as part of their business studies of current strategy, operations, financial institutions, and general management in what is arguably the world's second largest economy.
November 27, 2001- The Yale School of Management honors William J. McDonough, President and Chief Executive Officer, Federal Reserve Bank of New York, in London, England today with The Yale School of Management Award for Distinguished Leadership in Global Capital Markets. The event gathers 50 of the world's leading financiers, finance ministers, and central bank governors for a meeting that includes a discussion on the future of global markets.
September 19, 2001 - Florencio López-de-Silanes, an accomplished leader and scholar in the areas of International Corporate Finance, Financial Markets, Corporate Governance and Legal Reform, Privatization and Deregulation, has been appointed Professor of Finance and Economics at the Yale School of Management. He will also serve as Director of the International Institute for Corporate Governance, which the school intends to establish soon within its International Center for Finance.
September 24, 2001 - Today, Yale School of Management Dean Jeffrey E. Garten announced another roster of new professors joining the ranks of the school's permanent faculty. This is the third consecutive year in which Yale's business school has hired top-tier scholars toward the goal of increasing its senior faculty by 60%.
March 9, 2001 - Recently, Yale SOM received two gifts totaling $1.2 million dollars for the ICF. The grants came from an anonymous donation which will underwrite the development of a historical database of U.S. and global stock market prices, the publication of a volume on financial innovation, and the launching of a research collection of historical financial securities. "Our plan is to allow researchers from all over the world to download detailed stock market prices and records from the ICF website and to augment it with their own collections," explained William N. Goetzmann, ICF Director and Professor of Finance at SOM. "Without the help of our donor, and others who may be motivated to contribute as a result, no single research center would have the individual resources to accomplish this.
Each year in the US, retailers implement about $100 billion worth of promotional activities such as temporary price cuts, special store displays, and feature advertisements for frequently purchased items. While the goal is to increase sales of the items in question, are promotions really effective in doing so?
How do US firms adapt to increasing international trade? Do US firms still produce goods that are also made in low wage countries like China and India, or are they forced from low-end markets and into production of higher end goods? If US firms still compete directly with firms in low wage countries, how are they able to overcome their extreme disadvantage in labor costs?