Investigates investment behavior of 42 British business firms to determine the degree to which firms are influenced by standard economic theory. Findings indicated that orthodox economic theories of investment and appraisal techniques have little influence on investment behavior. (Author/DB)

An industrial training cost-effectiveness model developed at Bowling Green State University and used in several practical situations is evaluated with definitions of terms, structured training program costs, training returns, and data collection and analysis procedures. The authors emphasize that money spent for structured training is an…

A comparison of the benefits of participating in TIAA and CREF retirement programs is offered with emphasis on differences in payout rates and in overall financial performance. (LBH)

Discusses a Government Accounting Standards Board (GASB) publication designed to provide financial statement users with information to assess a government's actual and future deposit and investment market and credit risk. (MLF)

States are moving away from plans allowing parents to pay for their children's education at a fixed rate years in advance, instead looking at plans that simply help parents save money. Of the nine guaranteed-tuition programs, only three are in operation, and some are pressing for a national program. (MSE)

Claims that global trends toward deregulation in the telecommunication and media field are affecting national domestic communication policies of individual European states. Explains how the case of Ireland illustrates that public service media systems of Western Europe are being integrated into an international marketplace dominated by U.S.…

This description of the development of expert systems designed to solve management problems focuses on the issue of corporate divestment as an example. Software needs are discussed, and an example of a management expert system for divestment analysis at James Madison University is briefly described. (Author/LRW)

Investing school funds in repurchase agreements can be dangerous, since investment firms can fail, thereby causing schools to lose the money invested. Two methods of assuming control of repurchase agreements are described: a trust receipt and third party custody. The latter is more difficult, but more secure. (TE)

Argues that well-management college endowments and reserves can appreciate beyond inflation and serve as a source of increased resources. Looks at the ground rules of investment management in terms of stating investment objectives, investment restrictions, appropriate asset mix, and investment services. (AYC)

The causes and consequences of the lag in productivity growth in the United States are examined. The productivity gap urgently requires careful attention by public policy. No trivial or costless remedies exist. (Author/RM)

An officer of the Teachers Insurance and Annuity Association-College Retirement Equities Fund responds to an article criticizing the funds' pension policy issues and performance. (MSE)

Analyzes the relationship between years of schooling and income distribution, based on human capital theory. (Available from North-Holland Publishing Company, P.O. Box 211, Amsterdam, the Netherlands; $13.50 annually, plus $4.00 postage and handling) (JG)

This report reviews the requirements for infrastructure for research in the arts and humanities in United Kingdom universities and colleges. It assesses the extent of remedial investment required and sets out the conditions needed to manage this research infrastructure on a sustainable basis. The requirements for arts and humanities research that…

Describes a student project in a general business course. (MU)