Foreclosure Delay and Consumer Credit Performance

The deep housing market recession from 2008 through 2010 was characterized by a steep rise in number of foreclosures. The average length of time from onset of delinquency through the end of the foreclosure process also expanded dramatically. Although most individuals undergoing foreclosure were experiencing serious financial stress, the extended foreclosure timelines enabled them to live in their homes without making mortgage payments until the end of the foreclosure process, thus providing temporary income and liquidity benefits from lower housing costs. This paper investigates the impact of extended foreclosure timelines on borrower performance with credit card debt. Our results indicate that a longer period of nonpayment of mortgage expenses results in higher cure rates on delinquent credit cards and reduced credit card balances. Thus, foreclosure process delays may have mitigated the impact of the economic downturn on credit card default—suggesting that improvement in credit card performance during the post-crisis period would likely be slowed by the removal of the temporary liquidity benefits as foreclosures reach completion.     

Simulated Attention-Tracking Methodologies: An Examination of Measurement Efficacy

This study introduces and examines a simulated attention-tracking methodology as an emerging technique to improve the study of in-store shopper behavior and decision making. To assess the viability of this new methodology, we examine its efficacy in producing consumer behavior data consistent with results predicted by the marketing literature. Empirical data across five grocery categories are used to examine the influence of personal, product, and situational differences on external information search. Findings show that the attention-tracking methodology is able to demonstrate expected results in almost all cases. The methodology is also able to provide a more complete view of external information search through tracing the observed search behavior preceding decision making. This proof of methodology responds directly to calls in the marketing and retailing literature to test new and emerging methodologies in support of research on in-store marketing and shopper behavior. Findings also provide managers with a methodology to examine the actual impact of marketing actions intended to capture shoppers’ attention at the retail shelf and to influence behavior.     

基于企业与政府互动的自主品牌创新能力提升路径与政策分析

通过分析自主品牌创新能力的内涵与影响因素,从国家、企业和综合角度,提出了政府与企业互动下的自主品牌创新能力提升路径;并构建了自主品牌创新能力提升滞障的兰花模型,分析目标不一致、不确定性、资源制约、主体缺位四方面的滞障因素,进而提出促进自主品牌创新能力提升的政策框架,为我国自主品牌创新提供决策借鉴。     

中压母线装设电弧光保护的必要性

The article analyzes the necessity of arc protection devices installed in middle voltage bus bars and explains the applications of arc protection devices in bus bars＇ protection, taking example by the VAMP220 arc protection device.     

Firm growth in the Swedish retail and wholesale industries

To identify the determinants of firm growth in the Swedish retail and wholesale industries during 2000–2004, we analyse a sample of 400 limited liability companies using quantile regression techniques. Firm growth was mainly found to depend upon time-invariant firm-specific effects, supporting Penrose's [1959 Penrose, E. 1959. The theory of the growth of the firm, 4, New York: Oxford University Press.  [Google Scholar]. The theory of the growth of the firm (4th ed.). New York: Oxford University Press] suggestion that internal resources such as firm culture, brand loyalty, entrepreneurial skills, and so on are important determinants of firm growth.     

新能源通道建设对湖北中部支点构建的影响分析

内蒙古西部至华中地区新能源通道是“北煤南运”国家战略运输通道,该通道建设为湖北经济发展带来新的机遇.从区域经济理论中点轴群理论的角度,分析新能源通道建设对湖北中部支点构建的作用,说明对湖北地区点、轴、群、面增长极产生的积极影响,提出加快长江中游航运中心建设,加快港口基础设施建设,加快长江、汉江流域航道建设,加快湖北省煤炭储运和中转基地构建等相关发展建议.     

浅析商业银行会计操作风险防范

如何化解和防范会计操作风险,实现商业银行安全、稳健发展,是摆在现代商业银行的一项重要课题。会计操作风险的防范在现代商业银行经营中的地位日益重要,因为它是反映商业银行资金或资本运动的基础和核心环节,还因为它在资金和资本运动的全过程中无时无刻都充斥着各种风险因素。因此,强化会计操作风险的防范,建立防范会计操作风险的长效机制,是摆在现代商业银行面前的十分重要的深题。     

我国企业应对金融危机的市场营销策略探讨

受金融危机影响,国际市场萎缩,需求减少,贸易摩擦严重,增加了我国出口的困难,给我国企业尤其是出口企业造成致命的影响.要走出危机的阴霾,企业调整市场营销策略是关键.应充分运用好4PS营销策略,转变思想,开拓新市场.同时,要以市场为中心,实施名牌战略,提高营销人员素质,优化营销服务.实施正确的市场营销策略,是我国企业赢得市场的先导和源泉.     

李宁的奥运营销策略探究

北京奥运会李宁出资10亿仍不敌资金雄厚的阿迪达斯,但通过相关的营销策略,特别是"点火礼"的最后亮相,使李宁品牌大大胜过了阿迪达斯而成为本届奥运会的最大赢家,李宁的奥运营销经验非常具有借鉴价值和思考意义。本文重点从奥运点火仪式、体育赞助营销、体育明星代言、广告和促销四个方面,对李宁的奥运营销策略进行归纳和分析,为中国的体育用品企业提供借鉴。     

怎样有效解决审计纠纷?--ADR法及其在审计诉决策中的运用

ADR是什么? 当今世界,注册会计师职业深受"诉讼爆炸"的困扰,法律责任特别威胁着注册会计师职业及其从业人员.当发生针对事务所的诉讼纠纷时,合伙人面临着潜在的个人责任,即使事务所赢得了诉讼,其主要花费和一些隐性费用也是很昂贵的.