Outback Steakhouse Case Endnotes
1. Jay Finegan, “Unconventional Wisdom,” Inc., December 1994, pp. 44-56.
2. Bill Carlino, “Top Dinner House Practice 3 R’s for Growth,” Nation’s Restaurant News, August 1, 1994, pp. 110-14. In another 1993 survey of 2,500 diners Outback placed first overall jointly with General Mill’s Olive Garden as the best restaurant chain in America. Categories of evaluation included food quality, menu variety, service, atmosphere, cleanliness, and convenience. (Rajan Chaudhry, “America Rates Its Favorite Chains,” Restaurants and Institutions, February 1, 1994, pp. 48-69).
3. Short sellers target stocks they think are overvalued, putting downward pressure on their targets. Short sellers borrow from a broker and then sell them at current trading prices, betting the price will eventually decline. Shorts make money by later buying shares at the lower price to replace, or “cover,” their borrowed shares.
4. Martin E. Dorf, Restaurants That Work (Whitney Press, 1992) pp. 12-13.
5. Ibid., pp. 16-25.
6. Ibid., p. 17.
7. With approximately 400,000 units and nine million workers, the industry is also the largest private U.S. employer (Statistical Abstract of the United States).
8. Carlino, “Top Dinner Houses Practice 3 R’s for Growth.”
9. Dorf, Restaurants That Work.
10. Ibid., p. 25.
11. Finegan, “Unconventional Wisdom.”
12. “A Heaping Plate of Ventures for the Impresario of Chili’s,” New York Times Biographical Service, August 1992.
13. Dorf, Restaurants That Work.
14. “Restaurants,” Standards & Poor’s Industry Surveys, March 17, 1994, p. 48.
15. Press kit for the opening of Paducah, Kentucky, April 1995. Company documentation.
16.Prospectus, October 21, 1992, p. 17.
17. Press kit for the opening of Paducah, Kentucky, April 1995. Company documentation.
18. The following section draws heavily from the Inc. article that gave Outback the Entrepreneurs of the Year Award (December 1, 1994).
19. Rajan Chaudhry, “Outback’s Bloomin’ Success,” Restaurants and Institutions, December 15, 1993, p. 51.
Enron Case Endnotes
1. Tom Fowler, “Enron Paid Big Bonuses Before Filing: 500 Get Incentives Worth $55.7 Million,” Houston Chronicle (December 6, 2001):
2. Tom Fowler and Mary Flood, “Arthur Andersen Gets the Maximum Sentence,” Houston Chronicle (October 16, 2002):
3. “Enron’s Aftermath,” Houston Chronicle (December 6, 2001):
4. Ibid.
5. Mary Flood, “Ex-Enron Executive Agrees to Pay $8 Million for Insider Trading,” Houston Chronicle, (October 30, 2003):
6. Mary Flood, “Lea Fastow Plea Bargain Deal Falls Through: Trial for Ex-Enron Executive Still on for Feb. 10,” Houston Chronicle, (November 18, 2003):
7. Mary Flood, “Ex-Enron Executive Going to Prison: Glisan Plea May Speed Cases,” Houston Chronicle, (September 10, 2003):
8. “Enron Report Says Lay, Skilling ‘Breached Their Fiduciary Duties,’” Wall Street Journal, November 25, 2003, p. A13.
9. Tom Fowler, “The Pride and the Fall of Enron,” Houston Chronicle, (October 20, 2002):
10. Ibid.
11. Ibid.
12. Ibid.
13. Ibid.
14. Ibid.