Our study examines the effects of the racial diversity of a firm’s workforce on shareholder value. We show that the disclosure of racial diversity in firms yields significant, positive abnormal returns. We further test the effects of several indicators of both lower-level and upper-level...

Lean production prescribes training workers on all tasks within the cell to adapt to changes in customer demand. Multi-skilling of workers can be achieved by cross-training. Cross-training can be improved and reinforced by implementing job rotation. Lean production also prescribes using job...

In recent years, an increase in the number of foreign directors on corporate boards of large multinational corporations has seemingly gone hand in hand with significant growth in cross-border merger (CBM) activity. We analyze the influence of internationalization of the board of directors on...

In this paper we investigate the problem of locating medications in automated dispensing cabinets (ADCs) to minimize human selection errors. We formulate the multiple-drawer medication layout problem and show that the problem can be formulated as a quadratic assignment problem. As a way to...

Two important areas of decision-making in distribution system design involve facility loca-tion and inventory policy determination. Facility location analyzes questions such as howmany facilities should be opened, where they should be located, and which customers shouldbe assigned to which DCs....