Business Commons^™

Market Risk Management For Financial Institutions Based On Garch Family Models, Qiandi Chen

Arts & Sciences Electronic Theses and Dissertations

The financial stock market turned out to rise and fall suddenly and sharply in recent years, which means that volatility and uncertainty is very significant in market and measuring the market risk accurately is of great importance. I collect the historical close price of S&P 500 Financials Sector Index from January 19th 2011 to January 31st 2017, and use the daily logarithm yield as time series data to build 2 ARMA models and 5 GARCH family models using t-distribution. Then I calculate future 10 days’ relative VAR in 1-day horizon under 99\% confidence level based on the selected model. E-GARCH …

The Entrepreneurial Philanthropist: Can It B?, Abby M. Kinnard

Honors Theses

The corporate culture is constantly shifting and with change comes the need to reexamine the priorities of a company. Social responsibility is no optional for companies and with the help of Benefit Corporations and B Corps the Entrepreneurial Philanthropist can be.

Follow-My-Lead: Intuitive Indoor Path Creation And Navigation Using See-Through Interactive Videos, Quentin Roy, Simon T. Perrault, Shengdong Zhao, Richard Davis, Anuroop Pattena Vaniyar, Velko Vechev, Youngki Lee, Archan Misra

Research Collection School Of Computing and Information Systems

We present Follow-My-Lead, an alternative indoor navigation technique that uses visual information recorded on an actual navigation path as a navigational guide. Its design revealed a trade-off between the fidelity of information provided to users and their effort to acquire it. Our first experiment revealed that scrolling through a continuous image stream of the navigation path is highly informative, but it becomes tedious with constant use. Discrete image checkpoints require less effort, but can be confusing. A balance may be struck by adding fast video transitions between image checkpoints, but precise control is required to handle difficult situations. Authoring still …

Messaging Without A Message: Executive Value And Social Media Activity, Ru Gao, Gilles Hilary, Rencheng Wang

Research Collection School Of Accountancy

We show that executives who start tweeting benefit from better career options. We motivate this finding using the well-established theory of limited attention. Consistent with this explanation, we find that content is irrelevant. Comparative statics are also consistent with our framework. In particular, the effect of Twitter is greater for executives who were largely unrecognized and who were underpaid before they started tweeting, who garner greater public attention from their social media activity, who enjoy higher professional mobility, and who operate in environments where compensation setting is less structured.

Variance Risk Premiums Of Commodity Etfs, Chyng Wen Tee, Christopher H. A. Ting

Research Collection Lee Kong Chian School Of Business

We propose a model-independent method to account for the early exercise premiums in American options on non-dividend paying stocks. We find that our estimates of early exercise premium are generally larger than the estimates by existing methods. Given the American options on the Exchange-Traded Funds (ETFs) of gold, silver, natural gas, and crude oil, we find strong empirical evidence of variance risk premiums for these commodities, over a volatility term structure up to 18 months. Furthermore, we show that volatility indexes constructed by using existing methods tend to overestimate the risk-neutral variance, and consequently the magnitude of variance risk premium.

The Four Horsemen Of Power At The Bargaining Table, Adam D. Galinsky, Michael Schaerer, Joe C. Magee

Research Collection Lee Kong Chian School Of Business

This paper aims to identify and discuss four major sources of power in negotiations. Findings: The four sources of power are alternatives, information, status and social capital. Each of these sources of power can enhance a negotiator’s likelihood of obtaining their ideal outcome because power allows negotiators to be more confident and proactive, and it shields them from the bargaining tactics of their opponents. Practical implications: The paper discusses how negotiators can utilize each source of power to improve their negotiation outcomes. Originality/value: The paper provides a parsimonious definition of power in negotiations, identifies the four major sources of negotiator …

Construction Ergonomic Risk And Productivity Assessment Using Mobile Technology And Machine Learning, Nipun Deb Nath

MSU Graduate Theses

The construction industry has one of the lowest productivity rates of all industries. To remedy this problem, project managers tend to increase personnel's workload (growing output), or assign more (often insufficiently trained) workers to certain tasks (reducing time). This, however, can expose personnel to work-related musculoskeletal disorders which if sustained over time, lead to health problems and financial loss. This Thesis presents a scientific methodology for collecting time-motion data via smartphone sensors, and analyzing the data for rigorous health and productivity assessment, thus creating new opportunities in research and development within the architecture, engineering, and construction (AEC) domain. In particular, …

Coupling Mobile Technology, Position Data Mining, And Attitude Toward Risk To Improve Construction Site Safety, Khandakar Mamunur Rashid

MSU Graduate Theses

Construction sites comprise constantly moving heterogeneous resources that interact in close proximity of each other. The sporadic nature of such interactions creates an accident prone physical space surrounding workers. Despite efforts to improve site safety using location-aware proximity sensing techniques, major scientific gaps still remain in reliably forecasting impending hazardous scenarios before they occur. In the research documented in this thesis, spatiotemporal data of workers and site hazards are fused with a quantifiable model of an individual's attitude toward risk to generate proximity-based safety alerts in real time. In particular, two trajectory prediction models, namely polynomial regression (PR) and hidden …

Osspal: Finding And Evaluating Open Source Software, Anthony Wasserman

Tony Wasserman

Social Justice & Libraries Guide 2017, Aisha Conner-Gaten, Elisa Slater Acosta, Desirae Zingarelli-Sweet, Krista Devito, Rhonda Rosen, Javier Garibay

Aisha Conner-Gaten

Asia Marketing Journal Vol.19 No.1 목차

Asia Marketing Journal

No abstract provided.

The Impact Of Consumer Evaluation On The Cause-Related Marketing, Chia-Lin Lee

Asia Marketing Journal

Cause-related Marketing (CrM) has become an increasingly popular marketing approach over the past two decades. However, neither researchers nor organizations fully understand the determinants of a successful CrM partnership. This research fills this gap. Specifically, we employ the schema theory to explore circumstances in which the CrM alliance cannot achieve a success. We use a theoretical modeling approach to report that, when consumers’ typicality-based cognitive process is assumed, the CrM activity with the partners’ more-discrepant attribute profile cannot be evaluated favorably, but the attribute-level uncertainty about the CrM alliance is less likely to feedback to the two partners. Furthermore, we …

How Network Structure Impacts Firm Performance, Kyunghee Kim, Jeongtae Kim, Junhong Min, Ryu

Asia Marketing Journal

Despite the importance of the impact of network structure on the relationships between firms and firm performance, few studies have investigated these effects. This study investigates how network openness influences the relationships between TSI, opportunism, technological uncertainty, and supplier performance. We also try to figure out how network openness functions as a governance mechanism.

Peer Effects In Service Usage, Sangyoung Song

Asia Marketing Journal

Researchers in marketing, sociology, and economics have been interested in the role of social interactions in consumer choice and consumption behaviors. Social interactions, labeled variously as peer effects, social contagion, and neighborhood effects, have important implications for firms’ allocation of marketing efforts. In this research, we test and provide empirical evidence for peer effects in consumers’ service usage in the context of gym-going behaviors. Using a detailed individual-level membership and attendance data at one of the largest health club chains in the U.S., we document that a focal member’s gym-going behavior is influenced by the behaviors and characteristics of the …

Checklists And Illustrative Financial Statements : Not-For-Profit Entities, April 30, 2017, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

To Conform Or Not To Conform : Mixed Conformity Model, Yongjee Han

Asia Marketing Journal

This study explores the influence of reference groups depending on the type (in-group versus out-group) and the size (an individual member versus a group as a whole) of reference groups. We propose a mixed conformity model, which suggests that people want to fit in with their in-group but at the same time they want to stand out within their in-group members. We found that in moderately identity-relevant product categories, people tend to diverge from individual members of their in-group while conforming to their in-group as a whole. However, in highly identity-relevant product categories, people conform to their in-group independent of …

An Exploration Of Recording And The Music Business, Erika Nalow

Honors Projects

A creative project focused on the ability of an independent musical artist to compose, arrange, record, produce, mix, master, market, and promote their own musical composition.

The Impact Of Social Capital On Crowdfunding Performance, Lady Aprilia, Sigit S. Wibowo

The South East Asian Journal of Management

This study aims to analyze the effects of social capital—namely structural, relational, and cognitive dimensions—on crowdfunding performance using Kitabisa.com as a case study for 2013-2015. Using robust ordinary least squares methods, we find two important results. Structural dimension, which is measured by Facebook friends owned by an entrepreneur, affects crowdfunding success. The cognitive dimension, which is measured by the number of words that are written by entrepreneurs in the platform, also affects crowdfunding opportunities in order to wage a successful campaign. Using logistic regression technique, this study finds the same result, namely that the structural dimension and cognitive dimension have …

Voice Behavior: The Role Of Perceived Support And Psychological Ownership, Andin Andiyasari, Rudolf W. Matindas, Corrina D. Riantoputra

The South East Asian Journal of Management

This study aims to delineate the key socio-emotional needs important for voice behavior. To do this, we examine individual and contextual factors as mechanisms underlying how psychological ownership and perceived support influence employee voice behavior. Employing survey research of 210 employees from two big companies in Indonesia, analyses revealed that perceived supervisor support had direct and indirect effects on voice behavior, and job-based psychological ownership is a crucial mediator of the relationship between organization-based psychological ownership and perceived supervisor support on voice behavior. Path analysis offered further support for the complete model (χ2= 4.25, df = 3, P-value = 0.235, …

Filipino College Students' Views On The Value Of Phisical Appeal To Political Leadership, Jonalou S. Labor

The South East Asian Journal of Management

Musings of thirty-six college students from three higher educational institutions in the Manila, Philippines were used to look at the constructs of physical appeal and its power to influence leadership. By thematically analyzing the musings of the students, the research found physical appeal concepts that are associated to leadership. The study revealed that the students perceive leadership in two ways: from “within” the leader such as skills and knowledge, and from the “outside” where leadership is associated to goals, to influences, and to authority. In terms of physical appeal, leaders are expected to possess physical beauty (kagandahanganyo). Moreover, leaders are …