Expense Preference Behavior by Managers in Casino Resorts

Strategic competition in retail banking under expense preference behavior

This paper presents a theoretical analysis of strategic competition in retail banking when some of the ®rms show expense preference behavior. The literature on expense preference behavior by banking ®rms is fairly large, but to our knowledge, so far, the strategic interaction between pro®t maximizing banks and banks with expense preference behavior has not been investigated. The paper has also ...

Bureaucrat-managers and corporate governance: expense-preference behaviors in Japanese financial institutions

This paper investigates the expense-preference behaviors of Japanese financial institutions. We found that financial institutions employing retired government officials as board members held more employees than those that did not. Thus, Amakudari likely produces the cozy relationship between regulators and the regulated.  1998 Elsevier Science S.A. All rights reserved.

An Empirical Analysis of Individual Level Casino Gambling Behavior

Gambling and gaming has evolved to becoming a very large and pervasive industry in the United States over the last three decades, with over $ 73 billion in revenues and 33% adult participation. The nature of this industry and its rapid growth has led to a lot of debate about its benefits and costs. In this paper, our access to a rich and new dataset on individual consumer behavior vis-a-vis cas...

Size Matters: Why Managers Should Pursue Corporate Growth, Even at the Expense of Shareholder Value

The fact that managers pursue corporate growth and diversification as a primary objective, and that this objective might be contrary to other corporate goals, is well established. For example, Adams and Brock in The Bigness Complex note that “America’s corporate giants have not performed well over the last fifteen years...Bigness has not delivered the goods, and thus fact is no longer a secret”...

Health Resorts of Europe