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The Climate Of Hays, Kansas, From 1867 To 1999: Variability, Trends, And Influences, John Heinrichs Jan 2006

The Climate Of Hays, Kansas, From 1867 To 1999: Variability, Trends, And Influences, John Heinrichs

Fort Hays Studies Series

Data for a number of possible regional and global climate influences were compared with Hays climate data to characterize the relationships. The analysis of possible influences on Hays climate provided a rich and complex pattern of relationships.


Assessing Student Entrepreneurial Capacity: Implications For Rural Communities And Higher Education, Mary C. Martin Ph.D., Henry Schwaller Mba Jan 2006

Assessing Student Entrepreneurial Capacity: Implications For Rural Communities And Higher Education, Mary C. Martin Ph.D., Henry Schwaller Mba

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

During the 1990s, the U.S. experienced a shift in job creation: large U.S. businesses laid off approximately 10 million workers, while entrepreneurs and small businesses created 20 million jobs during the same decade. Given this shift in job creation, it is clear that entrepreneurship is the new foundation of the U.S. economy. Rural communities, in particular, should be concerned about stimulating entrepreneurship given current challenges, such as declining and aging populations, loss of traditional industry, and declining wages. Entrepreneurial development is vital to the future success and growth of rural economies. The purpose of this study is to report the …


Role Of Implicit Personality Theory In Leadership Research, Lawrence Silver, Debbie Silver Jan 2006

Role Of Implicit Personality Theory In Leadership Research, Lawrence Silver, Debbie Silver

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Implicit personality theory explains how individuals interpret the world around them including the events they experience and observe. Research in social and educational psychology indicates that one's implicit personality theory influences the extent to which one makes judgments about ability regarding the self and others. While some researchers have begun to apply the concept to organizational studies, this paper explains the value of extending that research into three areas important to leaders: (1) employee evaluation, (2) managerial feedback, and (3) work motivation.


Outside The Lines: Exploring Student Use Of Web-Based Vicarious Learning About Financial Markets, Matthew Ford Jan 2006

Outside The Lines: Exploring Student Use Of Web-Based Vicarious Learning About Financial Markets, Matthew Ford

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This study considers web-based expert commentary as a mechanism for college student learning about financial markets. Social cognitive theory suggests that students may team vicariously by observing the thought processes expressed in the writings of well chosen web-based role models and adopting similar patterns of thought over time. An exploratory study using undergraduate business school students investigated the change in measures of financial market awareness after exposure to web-based commentary. Significant learning effects were evident, particularly when exposure was augmented by structure that guided the learning experience. Although more research is required, these findings suggest the utility of web-based expert …


Overcoming The Challenges Of Establishing A Student-Managed Fixed Income Fund, David Krause Jan 2006

Overcoming The Challenges Of Establishing A Student-Managed Fixed Income Fund, David Krause

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Student-managed funds (SMFs) offer unique educational opportunities. In a typical SMF, students select common stocks and manage a real portfolio, gaining practical money management experience. Until recently, establishing a fixed income SMF has been unworkable for most academic institutions. Fixed income exchange traded funds (ETFs) are relatively new financial offerings that allow non-institutional investors the ability to trade shares of an entire bond portfolio as a single security. By combining different ETFs into a fund of funds, it is possible for students to implement various bond portfolio management strategies - a valuable learning opportunity previously unavailable to most business students.


Leadership And Job Satisfaction, Stephanie Brooke Jan 2006

Leadership And Job Satisfaction, Stephanie Brooke

Academic Leadership: The Online Journal

The objective of this research is to understand the impact of leadership style on employee job satisfaction in an effort to improve leader-employee relations in nonprofit child care settings. Since turnover rates, separation costs, vacancy costs, and training costs are high in child care centers (Vickers, 2002), providing strategies for increasing job satisfaction will lead to a more stable environment for children and their families, promote positive leader member relations, and strengthen the organizational climate. Since leadership style can critically influence employee satisfaction, this study is of significant importance in promoting social change. Specifically, it focuses on a unique industry, …


Impact Of Securitized Real Estate On Portfolio Performance Under Alternative Market Conditions, Marcus Allen, Kenneth Wiant Jan 2006

Impact Of Securitized Real Estate On Portfolio Performance Under Alternative Market Conditions, Marcus Allen, Kenneth Wiant

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This study considers the impact of adding real estate investment trust (REIT) stocks to stock portfolios in varying proportions under different economic conditions. To the extent real estate offers diversification benefits to stock market investors, REITs may serve as a practical alterative to the relatively high trading costs of direct equity positions in real estate investments. The results suggest that the inclusion of securitized real estate enhances portfolio performance during positive economic climates, but diminishes portfolio performance during negative economic climates.


Analysis Of The Financial Indices Of The Nafta Member Countries, Rafiqul Bhuyan, Andrija Popovic, Yoshi Fukasawa Jan 2006

Analysis Of The Financial Indices Of The Nafta Member Countries, Rafiqul Bhuyan, Andrija Popovic, Yoshi Fukasawa

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper analyzes the efficient markets hypothesis for the major NAFTA financial indices. The results suggest that the simple return for all three indices is generally uncorrelated. The non-linear transformations of the simple return info its absolute and squared value behaved much differently however. Here, the statistics calculated provided considerable evidence to suggest that these transformations of the returns are predictable to a large degree. Ignoring the sign of the return helps greatly in predicting the direction of the series. Also, all of the series in this transformation, but one, had estimated fractional parameters that would indicate the presence of …


Opinion On Independent Auditors' Opinions Of Substantial Doubt: A Nasdaq Non-Compliance Evaluation, Jeff Grover, Angeline Lavin Jan 2006

Opinion On Independent Auditors' Opinions Of Substantial Doubt: A Nasdaq Non-Compliance Evaluation, Jeff Grover, Angeline Lavin

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Allegations of ethical conduct in violation of Sarbanes-Oxley (SOX)-2002 continue. As the investment community and the public witness the trials and convictions of several corporate executives, the impact of the independent Auditor's Opinion (IAO) cannot be understated. This source of unbiased evaluation of a firm's ability to remain as a going-concern is clearly essential. This paper assumes that the IAO contains new information that is useful in evaluating the sustainability of a firm. In this paper, an event study is performed to assess the information content in stock returns prior to and following the lAO announcement week for a group …


Escalating Commitment To Failing Financial Decisions: Why Does It Occur?, John Morgan, James Hansen Jan 2006

Escalating Commitment To Failing Financial Decisions: Why Does It Occur?, John Morgan, James Hansen

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Research indicates inappropriate escalation of commitment to apparently failing decisions occurs in many areas of life. Examples include doubling-up blackjack bets to recover losses, the too lengthy Vietnam War debacle, and the tendency to continue with financial investments long after they appear to be failing. What motivates such behavior? Two theories presently compete as major explanations for this behavior: the self-justification theory and the prospect theory. This paper compares the two theories to determine which theory better predicts escalation behaviors within au un-confounded and unambiguous context. The research is motivated by the belief that understanding why people escalate is prerequisite …


About Synergy And Dissynergy: Change, Strategic And Chaotic Decision Choices, And Resultant Outcomes, Chris Crawford Jan 2006

About Synergy And Dissynergy: Change, Strategic And Chaotic Decision Choices, And Resultant Outcomes, Chris Crawford

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Change occurs at a rate quicker than most organizations can strategically respond. In fact, like any gambler, decision making in the current business environment is little more than playing the odds in some cases. Nonetheless, organizations attempting to succeed must try to minimize the chaotic element of decision making through the introduction of strategic thinking. Moving toward strategic thought can sometimes propel organizations into a synergistic spiral of decision making - where one decision reveals further opportunities. Likewise, organizations that fail to prepare for the chaotic will find themselves falling into a dissynergistic spiral where failure breeds even more failure. …


Polychronic Leader: What Would Leadership Research Look Like If We Considered Polychronicity?, David Palmer Jan 2006

Polychronic Leader: What Would Leadership Research Look Like If We Considered Polychronicity?, David Palmer

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper proposes that research in the area of leadership would be enriched and enhanced by the explicit consideration of temporal variables, specifically polychronicity. Effective leadership involves engagement with multiple tasks, activities, and constituencies, often simultaneously. As a construct concerned with multiple task engagement and time use preferences, polychronicity is ideally situated to inform future research studies conducted to investigate a variety of extant leadership theories and traditions.


Transformational Leadership And Cultural Values: Are They Related To Desired Organizational Outcomes?, Josephine Sosa-Fey, Barbara Dastoor Jan 2006

Transformational Leadership And Cultural Values: Are They Related To Desired Organizational Outcomes?, Josephine Sosa-Fey, Barbara Dastoor

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Globalization of the marketplace and tile intense competition among multinational corporations makes attainment of organizational goals an imperative. Furthermore, an increasingly culturally diverse workforce challenges twenty-first century leaders to manage employees in ways to maximize desired organizational outcomes. This study investigates the relationships between cultural value variations, transformational leadership, and work-related outcomes. Managers at all levels of the organization will benefit from insights into what motivates workers to higher levels of performance.


Using Executive Coaching As A Tool For Personal And Professional Leadership Development Within Business School Education, Stephen Brock, Deborah Roebuck, Janice Barrow Jan 2006

Using Executive Coaching As A Tool For Personal And Professional Leadership Development Within Business School Education, Stephen Brock, Deborah Roebuck, Janice Barrow

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper reflects what has been learned in using Executive Coaching as fill educational method within an Executive MBA program. Students work in a one-on-one coaching relationship throughout the program. This paper presents a rationale for such an educational method, examines the nature of executive coaching, and introduces a model of coaching used in the program. The article provides lessons learned in creating and implementing this executive coaching program as a tool to develop students as leaders. It concludes with some thoughts regarding executive coaching as an educational method for personal and professional leadership development.


In-Process R&D (Iprd) Write-Off Misclassifications In Compustat: An Econometric Evaluation, Lolita Paff Jan 2006

In-Process R&D (Iprd) Write-Off Misclassifications In Compustat: An Econometric Evaluation, Lolita Paff

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Over the period 1994-1999, for a sample of 57 firms, in-process research and development (IPRD) costs write-offs were reported in the 10-Ks of approximately 12% of the observations. The IPRD amounts ranged from $230,000 to over $16 7 million. In 38% of these cases, Compustat overstated R&D expense by including the IPRD write-off Comparative econometric estimates obtained show larger parameter coefficients when the Compustat's R&D expense data was used. This suggests prior research on R&D tax credit effectiveness based on Compustat data may have been upwardly biased, overstating the tax credit's incentive effects. Policy implications and directions for future research …


Making The Decision To Outsource A Service Department: Who Should Deliver Internal Audit Services?, Hubert Glover, Jeffrey Mcmillan, Jean Wells Jan 2006

Making The Decision To Outsource A Service Department: Who Should Deliver Internal Audit Services?, Hubert Glover, Jeffrey Mcmillan, Jean Wells

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

The 2001-2003 wave of financial fraudulent reporting, aggressive earnings management, and overall management integrity issues highlight the important role that an internal audit function can have in protecting organizations and demonstrate how important it is that internal auditors operate with independence and objectivity. This paper highlights the issues organizations face when contemplating the internal audit outsourcing market. The illustrative materials provide exposure to the strategic, analytical, financial and operational decisions involved with retaining or outsourcing a corporate internal audit department.


American Social Contract: Retirement, Insurance And Financial Viability, Hedayeh Samavati, Carolyn Stumph, David Dilts Jan 2006

American Social Contract: Retirement, Insurance And Financial Viability, Hedayeh Samavati, Carolyn Stumph, David Dilts

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Since the election of 2004, one burning question has dominated any discussion of the long-term macroeconomic policy of this country. That question is: "will social security remain viable in its current form?" Economists weigh in on a spectrum that ranges from the opinion that social security is not in any trouble to the opinion that social security payments are in immediate peril. This research indicates that, while relatively minor changes of the type the country has undertaken for the last two decades may be necessary, social security is by no means in what any intelligent analyst would consider peril.


Using Spreadsheet-Based Simulation To Evaluate The Fairness Of The Usga Golf Handicap Index, Andrew Tiger, Kashif Ur-Rehman, Chandra Hurst Jan 2006

Using Spreadsheet-Based Simulation To Evaluate The Fairness Of The Usga Golf Handicap Index, Andrew Tiger, Kashif Ur-Rehman, Chandra Hurst

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Using spreadsheet-based simulation, the USGA Handicap Index was shown to be an unfair statistic in one-on-one and team competition in two common types of scoring: stroke and match play. Experiments were developed in which players of different abilities (based on central tendency and variation) competed against each other over many trials. The results showed that in some situations, based on identifiable differences in abilities, some players won/lost a disproportionate (unfair) number of times. The causes of unfairness are different in one-on-one and team play. Alternative procedures were proposed that proved to reduce the unfairness of the index.


2007 Symposium Announcement Jan 2006

2007 Symposium Announcement

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

No abstract provided.


Structure Of Organizational Values: An Action Science Perspective, Aaron Buchko Jan 2006

Structure Of Organizational Values: An Action Science Perspective, Aaron Buchko

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This research examines the values statements of 327 organizations to identify the core values concepts or words that are used by firms to define the fundamental belief systems of the enterprise. One hundred and ten unique words or concepts were identified. Using au action science methodology, 78 practicing managers sorted these words into a classification scheme that resulted in 13 distinct categories of organization values that can be viewed as meta-values or core concepts of organizations.


Personality Approach To Person-Organization Fit: Applying Holland's Theory Of Vocational Choice At The Organizational Level, G. Stoney Alder Jan 2006

Personality Approach To Person-Organization Fit: Applying Holland's Theory Of Vocational Choice At The Organizational Level, G. Stoney Alder

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Researchers frequently recommend that organizations consider person-organization fit when making hiring decisions. The purpose of this paper is three fold. First, the paper provides a review of existing research on person-organization fit. This review concludes that several limitations hinder the usefulness of current approaches to person-organization fit. Second, this paper seeks to address these limitations through a conceptual analysis that integrates research on vocational choice with person-organization fit research. The result is an approach to person-organization fit that may be more readily applied by organizations. Finally, the paper suggests a process for empirically testing the proposed approach to person-organization fit.


Organizational Conflict: Strategy, Leadership, Resolution Framework, And Managerial Implications, Ashford Chea Jan 2006

Organizational Conflict: Strategy, Leadership, Resolution Framework, And Managerial Implications, Ashford Chea

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper examines the concept, nature and characteristics of organizational conflict, and presented the relevant theoretical framework that serves as the conceptual foundation for his analyses, analyzes the sources of organizational conflict, discusses the role of leadership styles in managing organizational conflict, reviews models of conflict management strategies, and offers a framework for au effective functional conflict resolution system in organizations and outlined the implications for managers.


International Business Education And Practices: Chinese "Sea Turtles" And Economic Development, David Pan, Jon Shapiro Jan 2006

International Business Education And Practices: Chinese "Sea Turtles" And Economic Development, David Pan, Jon Shapiro

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

China's rapid economic growth has created a demand for professionals of international competence. Many Chinese go overseas studying and repatriate for this job market. However, expatriates with little job experience are often unemployed for an extended period unless they lower their expectations in coastal cities where economy is vibrant, while few go to inland regions of lesser developed. Thus, expatriates as "Sea Turtles" become "Sea Weeds." This paper addresses the issues determining this transformation by differential economic development. We discuss the current status of expatriate employability and emergent need in China, and also make policy and strategy suggestions.


Employee Retirement Education Programs: An Important Part Of Corporate Social Responsibility, Tim Reisenwitz, Lauren Skinner, Leonard Weld Jan 2006

Employee Retirement Education Programs: An Important Part Of Corporate Social Responsibility, Tim Reisenwitz, Lauren Skinner, Leonard Weld

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Corporate social responsibility (CSR) is becoming increasingly important to organizations wishing to create a sustainable competitive advantage by attracting quality employees. The focus of this paper is to offer a framework for organizations to create CSR internally using relationship marketing principles. The framework for this propositional development is employee retirement options. The authors discuss the decline of the defined benefit pension plan, the increase in 401 (k) retirement plans, and the issues facing employees. Suggestions are offered regarding how organizations can create employee loyalty and improve corporate social responsibility within their organization by educating employees on their various retirement options.


Determinants Of Managerial Career Attainment: Student Perceptions And Organizational Realities, Amy Hurley-Hanson, Cristina Giannantonio, Jeffrey Sonnenfeld Jan 2006

Determinants Of Managerial Career Attainment: Student Perceptions And Organizational Realities, Amy Hurley-Hanson, Cristina Giannantonio, Jeffrey Sonnenfeld

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This study explored the perceptions of managerial career attainment of graduating MBA students and compared them to previous research on the actual determinants of career attainment. Results suggest that students did seem to have a good grasp of which determinants are important to managerial career attainment. Business school faculty are encouraged to prepare MBA students for the organizational realities that they will likely experience during their careers.


Learning Leadership Across Generations In Family-Owned Enterprises, Catherine Pratt Jan 2006

Learning Leadership Across Generations In Family-Owned Enterprises, Catherine Pratt

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This study explores leadership development issues in family businesses. Family owned enterprises comprise a significant proportion of the business population. However, approximately half of family owned businesses do not survive generational transitions. The sheer number of ongoing leadership transitions begs greater understanding on how leadership is learned in the family business and how to improve the leadership development process. This study sought to understand how leadership is learned across generations by asking family business leaders about their own experience and perceptions. Family business leadership development themes and needs for education and research are identified.


2007 Symposium Announcement Jan 2006

2007 Symposium Announcement

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

No abstract provided.


In Lean Production: Semantics Matters, Bryant Mitchell, Jeffrey Vistad, Lawrence Fredendall Jan 2006

In Lean Production: Semantics Matters, Bryant Mitchell, Jeffrey Vistad, Lawrence Fredendall

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Manufacturing, Planning, and Control (MPC) systems are commonly categorized as either push or pull production systems. The most common example of a push system ref erred to is a MRP system, while the example of a pull system most commonly ref erred to is JIT, or more specifically a Kanban system (Sawaya et al, 1992). We have found that the use of this terminology regarding different forms of MPC systems can be confusing to the novice as well as the more experienced management practitioner or researcher. In this paper, we make an argument for the importance of using more precise …