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Ned Piper needs to improve the performance of Acme Lumber’s Broken Arrow store. There are two candidates for the store manager’s position, Larry Frazier and Chip Farmer. Larry has worked for Acme for 35 years in a variety of positions and is related to the Johnson family who has owned and managed Acme for three generations. Chip has worked for Acme for 19 years and has successfully helped to turn around another store. Chip is not related to the Johnsons. Ned is feeling pressure from the business and family to make the right decision. Which candidate should he select to become a manager?

The authors used a case study methodology.

Human resources, selection, staffing, and family business management.

Socioemotional wealth perspective, and agency theory.

In this interview, Alvin Toffler, Tom Johnson, and Larry Bennigson talk about the forces driving change and how business leaders can stay abreast of the threats and opportunities arising out of these changes. The biggest strategic threat to many successful businesses will come from the external environment that tends to be outside the peripheral vision of corporate leadership. Culture, religion, politics, environment, and ethics are all going to interpenetrate one another to an extent never before seen. They will, in turn, penetrate business in all sorts of strange new ways.

The executive stock option (ESO) valuation model developed in this research amends the popular exchange traded option pricing models such as Black and Scholes (1973), Whaley (1981), and Cox, Ross, and Rubinstein (1979) to include economic features of the ESO contract that previously have been ignored. One of these features is the non‐transferability of the ESO, which creates a situation where the ESO might be exercised when an otherwise identical exchange traded option would not. Another feature is the hybrid nature of the ESO; it is not solely either an American option or a European option. The results of the comparative statics indicate that the impact of the non‐transferability of the ESO value is significant, whereas the hybrid feature of the ESO results in values that are very similar to American option values. The economic implication is that if an American or European option model is used to value ESO's, the probability is very high that a wealth transfer between management and shareholders will occur.

Driver turnover has plagued the truckload industry in the USA since deregulation in 1980. Turnover in truck load firms averages above 100 percent in good economic times and over 40 percent in bad ones, costing the industry billions of dollars. This research sought a best‐fit regression model to show how a firm might control its own turnover.

The paper distributed a survey questionnaire to 800 truck drivers at a large US truckload motor carrier. The questionnaire included over 50 items with a seven‐point Likert‐type scale from strongly agree to strongly disagree. The paper analyzed 309 usable responses using regression analysis with scaled scores on aspects of a driver's job. The dependent variable was intent to quit (ITQ).

Research on truck driver turnover has focused on driver attitudes as determinants of ITQ, looking at drivers' attitudes that might lead to higher ITQ and higher turnover. In this research, drivers' attitudes toward top management and dispatchers did not influence ITQ, a surprising result that raises questions and suggests a new direction for research.

This research was conducted in only one firm. Its results may not generalize to all trucking firms, especially not to smaller firms. The method used, however, does generalize. Other firms may use this same approach to identify the causes of turnover in their organizations.

This research demonstrated a method for researching the causes of driver turnover that are practical and accessible to firms of all sizes.

This research was conducted in only one firm. Its results may not generalize to all trucking firms, especially not to smaller firms. The method used, however, does generalize. Other firms may use this same approach to identify the causes of turnover in their organizations.

The results of this research suggest that the relationship between drivers and the firm have changed, probably because of the extensive use of new technology. The methods used here will help large trucking firms allocate resources for driver management and retention. They may also help smaller firms understand the implications of investment in sophisticated technology.

The purpose of this article is to evaluate the inclusion of team case analyses and presentations in undergraduate finance courses that usually focus on analyzing provided financial statement data.

In this paper the authors argue the early use of a local company case can illustrate key course concepts while offering students or participants in an academic or vocational training program a preview of the pedagogical techniques of case analysis. It is also argued that the use of a local company case can be extended to other business courses to improve students' interest and understanding. A survey of student perceptions was conducted at the end of the semester.

Overall, students preferred working on a local company case rather than a textbook case. Most felt the local company case helped them understand the theories and concepts of financial statement analysis from the course and prepared them for future case analysis. The student respondents also perceive a better understanding of the strategic issues facing the industry and of the use of, and interpretation of, financial ratios after completing the case. While the exploratory analysis did indicate student preferences for use of a local company case, further study and analysis is needed to move beyond perceptions of satisfaction to determine the actual improvement in learning of the key course concepts

Future research should study the benefit of using a local company case throughout the business degree and study how it allows students to apply principles learned early in their curriculum to strategic analysis and decision making in capstone courses. Research could determine if students will build upon their previous knowledge of the company and business concepts in much the same way as business managers gain business and industry knowledge as they advance through their career. In addition, the benefit of using a local company continuation case through the upper division courses in the business curriculum should be investigated.

This article highlights the steps involved in preparing a local company case for classroom use and presents an analysis of student perceptions of satisfaction with a case‐enriched course and discusses the strengths and weaknesses of the case. The article also discusses ways to create a similar local company case for other business disciplines.