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Full-Text Articles in Business

Innovative Socio-Technical Systems For Complex Decision-Making, Helen M. Hasan, Kate Crawford May 2008

Innovative Socio-Technical Systems For Complex Decision-Making, Helen M. Hasan, Kate Crawford

Helen Hasan

This paper views the complex activities and decision-making of self-directed groups as socio-technical systems. Seven innovative ICT-based tools are presented that underpin such activities. Three projects are then described where suitable selections of these tools are used creatively in harmony with human and social processes. The Activity Theory hierarchy is used to explain how, in these three projects, the capacity of technology is exploited, where appropriate, to automate operations, while the choice and execution of actions remain with the people engaged in the activities. This provides a picture of decision support systems as socio-technical in nature, involving the exploitation of …


An Example Of The Use Of Financial Ratio Analysis: The Case Of Motorola, H. W. Collier, T. Grai, S. Haslitt, C. B. Mcgowan May 2008

An Example Of The Use Of Financial Ratio Analysis: The Case Of Motorola, H. W. Collier, T. Grai, S. Haslitt, C. B. Mcgowan

Henry Collier

In this paper, we demonstrate the use of actual financial data for financial ratio analysis. We construct a financial and industry analysis for Motorola Corporation. The objective is to show students exactly how to compute ratios for an actual company. This paper demonstrates the difficulties in applying the principles of financial ratio analysis when the data are not homogeneous as is the case in textbook examples. We use Motorola as an example because the firm has several segments, two of which account for the majority of sales and represent two industries (semi-conductor and communications) that have different characteristics. The case …


Using Accounting Information For Financial Institution Analysis In An Evolving Environment, H. W. Collier, D. A. Harjito, Carl B. Mcgowan May 2008

Using Accounting Information For Financial Institution Analysis In An Evolving Environment, H. W. Collier, D. A. Harjito, Carl B. Mcgowan

Henry Collier

Return on equity analysis provides a system for planning as well as analyzing financial institution performance. In the case of Malaysia, Bank Negara Malaysia has successfully implemented a merger program for Malaysian banks in order to compete in the face of financial deregulation brought about by globalization. The purpose of this paper is to provide additional insights into the improvement of a bank’s financial situation, i.e. commercial banks, due to the recent series of bank mergers in Malaysia. This paper presents an application of the model for the financial analysis of a bank based on the DuPont system of financial …


Gay Men And Lesbians In The University Community, H. W. Collier May 2008

Gay Men And Lesbians In The University Community, H. W. Collier

Henry Collier

[Extract] There is little doubt that there are gay and lesbian students, faculty, staff, and administrators in our universities. You may not see all of us unless we want you to, but we are there. Whether you choose to acknowledge our presence is another issue. Historical prejudices against minority groups and those who are 'different' still exist in many parts of the world and in many of our universities. There are significant cultural, religious, national and regional differences in how minority 'tribes' or 'groups' are identified and treated. There is a significant body of research discussing issues of homosexuality and …


Financial Analysis Of Financial Institutions In An Evolving Environment, H. W. Collier, Carl B. Mcgowan, J. Muhammad May 2008

Financial Analysis Of Financial Institutions In An Evolving Environment, H. W. Collier, Carl B. Mcgowan, J. Muhammad

Henry Collier

This paper presents a model for the financial analysis of a bank based on the DuPont system of financial analysis. The bank return on equity is decomposed into net profit margin, total asset turnover and the equity multiplier. This model is applied to AFFIN Bank Malaysia of which is one of the largest banks in Malaysia for the period from 1999 to 2005. The DuPont system of financial analysis shows the impact of the Asian financial crisis on the financial performance of AFFIN Bank that affected the region in 1997-98. The impact of the financial crisis on AFFIN Bank share …


A View On The Process Of Accounting Standard Setting In The People’S Republic Of China, Y. Zhang, J. Andrew, H. W. Collier May 2008

A View On The Process Of Accounting Standard Setting In The People’S Republic Of China, Y. Zhang, J. Andrew, H. W. Collier

Henry Collier

This paper is a discussion of how the People’s Republic of China is attempting to revise accounting standards. Historically, China’s accounting standards were dominated by ‘management’ accounting and compliance and achievement of goals and objectives established by central planning authority. As China seeks Foreign Direct Investment in formerly State Owned Enterprises, competitive pressures demand a change of emphasis in financial reporting. Much of the Western world is adapting IFRS for financial reporting. IFRS seems to privilege western dialogue in the adoption and acceptance of standards if PRC wishes to access the world wide capital markets. Consistency and comparability of financial …


A Comparison Of The Weighted Average Cost Of Capital For Multinational Corporations: The Case Of The Automobile Industry Versus The Soft Drink Industry, C. B. Mcgowan, A. Tessema, H. W. Collier May 2008

A Comparison Of The Weighted Average Cost Of Capital For Multinational Corporations: The Case Of The Automobile Industry Versus The Soft Drink Industry, C. B. Mcgowan, A. Tessema, H. W. Collier

Henry Collier

The object of this paper is to determine to what extent the cost of capital differs across comparisons in different countries. In this paper, wecompare and contract the cost of capital for five countries in the soft drink industry and seven companies in the automobile industry. We find that the weighted average cost of capital for the four largest companies in the soft drink industry are similar and the weighted cost of capital for seven companies in the automobile industry are less similar. Since the companies in this study are all large, multinational companies in a single industry, numerous confounding …


The Impact Of Family Complexity On The Attitudes Toward An International Career Of Russian Nationals, H. W. Collier, R. E. Jones, Carl B. Mcgowan May 2008

The Impact Of Family Complexity On The Attitudes Toward An International Career Of Russian Nationals, H. W. Collier, R. E. Jones, Carl B. Mcgowan

Henry Collier

This paper examines attitudes of Russian MBA students toward international careers and finds that family complexity impacts responses. Respondents who have complex family situations were slightly favorable toward international careers with average survey response values of about 2.50. The average response values for survey respondents who were not in complex family situations were neutral (3.00) toward an international career. The results of this survey indicate that Russian MBA students are, on average, only slightly favorable toward international careers. The average response values were not different based on gender since the average response value for males was 2.65 and the average …


The Last Discrimination: Gay Men And Lesbians In The Classroom, H. W. Collier, R. Perrin, C. B. Mcgowan May 2008

The Last Discrimination: Gay Men And Lesbians In The Classroom, H. W. Collier, R. Perrin, C. B. Mcgowan

Henry Collier

A democracy can only be strong when the rights of all the people are protected. If given the opportunity; individuals or groups that promote intolerance, hate, and bigotry will in time deny rights to all. Discrimination is at least as old as recorded history. The Roman Empire and Classical Greek society created a class system. Some were citizens; males only of course as women were treated more like property; others were slaves and traded and owned by others. Some were free men. However, during the early centuries of the Roman Empire and during virtually all of the Classical Greek period, …


Teaching And Learning In China And Asia: Some Observations, H. W. Collier May 2008

Teaching And Learning In China And Asia: Some Observations, H. W. Collier

Henry Collier

As the ‘Far East’ enters the WTO and the world economy, change is inevitable. The more developed economies will undoubtedly lead the way, and the change agents are more than likely to come from outside the area at least for a while. Beginning in 1973, many of the Chinese students and scholars who studied in the West did not return to China. Many of my current students who have the opportunity to leave do not intend to return. However, there is an increasing number who will return. As more and more of these student graduates return to China and to …


Financial Institution Analysis In An Evolving Environment: The Case Of The Hong Leong Bank Bhd, H. W. Collier, C. B. Mcgowan, Z. Sulong May 2008

Financial Institution Analysis In An Evolving Environment: The Case Of The Hong Leong Bank Bhd, H. W. Collier, C. B. Mcgowan, Z. Sulong

Henry Collier

Return on equity analysis provides a system for planning as well as analyzing financial institution performance. In the case of Malaysia, Bank Negara Malaysia has successfully implemented a merger program for Malaysian banks in order to face the onslaught of the imminent financial deregulation brought about by globalization. The purpose of this paper is to provide additional insights into the improvement of a bank’s financial situation, i.e. commercial banks, because of the recent series of bank mergers in Malaysia. This paper also presents an application of a model for financial analysis of a bank based on the DuPont system presented …


Gender And Attitude Toward An International Career: A Survey Of Russian Nationals, H. W. Collier, R. E. Jones, Carl B. Mcgowan May 2008

Gender And Attitude Toward An International Career: A Survey Of Russian Nationals, H. W. Collier, R. E. Jones, Carl B. Mcgowan

Henry Collier

This paper examines attitudes of Russian MBA students toward international careers and finds that gender is not an issue but that respondents with family constraints were less favorable toward an international career. Respondents who are male, single, or with no children were slightly favorable toward international careers. Women and respondents with spouses without a career were neutral toward international careers. Respondents who were married, respondents with children, and respondents with a spouse with a career, were slightly unfavorable toward an international career. The results of this survey indicate that Russian MBA students are, on average, only slightly favorable toward international …


The Convergence Of Ifrs In China: A View On The Influence Of Political Ideology On Chinese Accounting Profession, Y. Zhang, J. Andrew, H. W. Collier May 2008

The Convergence Of Ifrs In China: A View On The Influence Of Political Ideology On Chinese Accounting Profession, Y. Zhang, J. Andrew, H. W. Collier

Henry Collier

A historical perspective lens may be useful to help people understand the world of accounting and accounting research. Some believe that the role that accounting plays in current society could be better understood by reviewing its historical association with the institutionalization development within which it operates. Accounting as it is practiced in capitalist system has been predominately viewed as a technical and context-free activity. However, if a meta-level concern addressing broad structural and institutional environment from which accounting emanated is absent, there must be doubt that the conventional accounting can claim to be comprehensible and to contain true information. This …


Computing The Divisional Cost Of Capital Using The Pure Play Method, H. W. Collier, T. Grai, S. Haslitt, C. B. Mcgowan May 2008

Computing The Divisional Cost Of Capital Using The Pure Play Method, H. W. Collier, T. Grai, S. Haslitt, C. B. Mcgowan

Henry Collier

The Cost of Capital Model is used to calculate the net present value of projects within a multi-unit corporation but may provide incorrect answers for projects that have a level of risk that differs from the overall average risk level for the corporation. We demonstrate the use of the Pure Play Method for calculating the required rate of return for a division of a corporation that has risk characteristics that differ from the risk characteristics of the overall corporation. We apply this methodology to the Integrated Electronic Systems Segment of the Motorola Corporation. We find that the IESS division cost …


Plagiarism: Let The Policy Fix The Crime, H. W. Collier, R. Perrin, C. B. Mcgowan May 2008

Plagiarism: Let The Policy Fix The Crime, H. W. Collier, R. Perrin, C. B. Mcgowan

Henry Collier

Plagiarism is considered to be an unacceptable act, a crime, in today’s University. This is reinforced by the Latin and Greek origins of the word, i.e., meaning to ‘plunder’ or ‘kidnap’. An Australian Vice-Chancellor was recently asked to resign following public allegations and findings of his plagiarism. Universities adopt and publicise policies to illustrate what they expect from their students. We posit that while some students plagiarise for reasons endogenous to those students, others do so as a result of poorly designed and constructed assignments and assessment tasks. From a simple example involving the use of the plagiarism detection software …


A Documentary Of Innovation Support Among New World Wine Industries, D. K. Aylward May 2008

A Documentary Of Innovation Support Among New World Wine Industries, D. K. Aylward

David K. Aylward

During the past two decades, the international wine industry has undergone a ‘seismic shift’. Old World producers no longer dominate production, export and marketing of wine to the extent that they once did. Instead, New World producers such as California, South Africa, Australia and New Zealand have successfully married production, management, marketing and innovation to emerge as a new force on the global wine landscape. It is the innovation supports within these selected New World industries that this paper seeks to document, in order to highlight different approaches and outcomes and how they may or may not contribute to an …


Global Pipelines: Profiling Successful Sme Exporters Within The Australian Wine Industry, D. K. Aylward May 2008

Global Pipelines: Profiling Successful Sme Exporters Within The Australian Wine Industry, D. K. Aylward

David K. Aylward

Increasingly, entire industry sectors and individual firms are re-orienting their business strategies to align with the demands of rapid globalization. Sustainable export mechanisms are becoming an integral component of these strategies. Small, medium and large firms are focusing more than ever on marketing goals, branding, distribution channels and production quality in order to address the growing opportunities and challenges of this globalization. An industry in which firms are responding effectively to these opportunities and challenges is the Australian wine industry. In terms of export growth, intensity, diversity and sustainability, this industry is increasingly seen as a template for others. Using …


Working Together: Innovation And Export Links Within Highly Developed And Embryonic Wine Clusters , D. K. Aylward May 2008

Working Together: Innovation And Export Links Within Highly Developed And Embryonic Wine Clusters , D. K. Aylward

David K. Aylward

This paper examines innovation and export linkages within two distinct levels of wine cluster development. The aim of the paper, using empirical data from the Australian wine industry, is to demonstrate that the association between innovation and export activity intensifies as the cluster develops. The paper uses selected core indicators of innovation and export activity to explore levels of integration within highly developed and embryonic models (In this context, ‘embryonic’ does not relate to the age of the cluster, but rather, its level of sophistication and development). This integration is examined in the context of Porter’s theory of ‘competitive advantage’, …


Mapping Australia's Wine Exporters, D. K. Aylward May 2008

Mapping Australia's Wine Exporters, D. K. Aylward

David K. Aylward

No abstract provided.


Global Landscapes: A Speculative Assessment Of Emerging Organizational Structures Within The International Wine Industry, D. K. Aylward May 2008

Global Landscapes: A Speculative Assessment Of Emerging Organizational Structures Within The International Wine Industry, D. K. Aylward

David K. Aylward

As a rapidly evolving sector the international wine industry represents an interesting subject for analysis. Over the past two centuries the industry has experienced a number of major innovations and direction changes. The organizational shifts involved in these changes have been profound. From a monopolization of wine culture through the 19th and much of the 20th century by Europeans, to the emergence of New World operators and their democratic influence, the international wine industry now stands at the edge of another major paradigm shift. This paper traces the industry’s historical changes and speculates on the implications of such issues as …


Innovation Lock-In: Unlocking Research And Development Path Dependency In The Australian Wine Industry, D. K. Aylward May 2008

Innovation Lock-In: Unlocking Research And Development Path Dependency In The Australian Wine Industry, D. K. Aylward

David K. Aylward

Innovation within the Australian wine industry is at a crossroads. More specifically, under the influence of fundamental paradigm shifts, the objectives, extension and uptake of R&D within the industry’s current innovation framework are being subjected to rather schizophrenic forces. At one level, industry organizations are directing the R&D agenda from within a national, ‘Brand Australia’ context. At another level, the firms that are being serviced by these organizations are demanding region-specific R&D extension in response to global pressure for differentiation and products at higher price-points. This paper will explore these contradictory forces and the degree to which they signal an …


Fault Lines: Emerging Domains Of Inertia Within The Australian Wine Industry, D. K. Aylward May 2008

Fault Lines: Emerging Domains Of Inertia Within The Australian Wine Industry, D. K. Aylward

David K. Aylward

It is common knowledge that the Australian wine industry has enjoyed remarkable success over the past three decades in terms of production and export growth, innovation and reputation for consistent quality. The centralization of resources and infrastructure, as well as the nationally-oriented funding and R&D agendas are usually cited as providing the foundation for this success. Yet in more recent years it is this same nationally-focused centralization that is increasingly at odds with a rapidly changing international wine landscape and therefore, the organizational and innovation requirements of the firms that must respond to these changes. This paper explores these issues …


Innovation-Export Linkages Within Different Cluster Models: A Case Study From The Australian Wine Industry , D. K. Aylward May 2008

Innovation-Export Linkages Within Different Cluster Models: A Case Study From The Australian Wine Industry , D. K. Aylward

David K. Aylward

This paper examines innovation and export linkages within different levels of cluster development. The aim of the paper, using empirical data from the Australian wine industry, is to demonstrate that the association between innovation and export activity intensifies as the cluster develops. Dividing wine clusters into ‘innovative’ (highly developed) and ‘organised’ (less developed) models the paper uses selected core indicators of innovation and export activity to explore levels of integration within each model. This integration is examined in the context of Porter’s theory of ‘competitive advantage’, showing how these lessons can be translated to industry clusters in general.


Assessing Sme Innovation Within Different Cluster Models: Lessons From The Australian Wine Industry, David Aylward, John Glynn May 2008

Assessing Sme Innovation Within Different Cluster Models: Lessons From The Australian Wine Industry, David Aylward, John Glynn

David K. Aylward

This paper assesses core innovation activity among SMEs within different levels of cluster development. The aim of the paper, using empirical data from the Australian wine industry, is to demonstrate that innovation levels and activity intensify as an industry cluster develops. By dividing wine clusters into ‘innovative’ (highly developed) and ‘organised’ (less developed) models, the paper uses selected core indicators of innovation activity to explore levels of integration within each model. This integration is examined in the context of Porter’s theory of ‘competitive advantage’, with implications for SMEs in particular, and lessons for industry clusters in general.


Our Retirement In Their Hands: A User Perspective, Cotinne Cortese, David Aylward, John Glynn May 2008

Our Retirement In Their Hands: A User Perspective, Cotinne Cortese, David Aylward, John Glynn

David K. Aylward

This research reports on the results of a survey of Australian retirees which provide information on attitudes surrounding financial planning advice before, at or after retirement. These results demonstrate that, despite government initiatives aimed at enhancing consumer confidence in the financial services market, most retirees continue to feel dissatisfied with, and lack confidence in, the services provided by their financial advisors. This suggests an increased role for financial planners to provide not only the additional information required under government policy, but also to provide information that is understandable and useful to the retirees that rely on it.


Ethnic Democracy And Its Ambiguities: The Case Of The Needle Trade Unions, Gerd Korman May 2008

Ethnic Democracy And Its Ambiguities: The Case Of The Needle Trade Unions, Gerd Korman

Gerd Korman

[Excerpt] During the years between World War I and World War II the conduct among well-known Jewish labor leaders seems to have foreshadowed events in the history of America’s nationality following the tumult of the 1960’s. In the 1920’s and 1930’s America’s elected or appointed officials still used a pecking order based on assumed inequalities of race, ethnicity, and gender in making policy decisions. They presumed that their private interests, those of the “insiders,” the “leading groups,” or “controlling minorities,” were the only appropriate ones for determining public policy. It was then, especially in the Depression years, when the New …


Communicating Across Cultures, Ken Margolies Apr 2008

Communicating Across Cultures, Ken Margolies

Ken Margolies

[Excerpt] Communication is the key to so many things a steward does, and good communication skills are something experienced stewards develop. But even experienced stewards have special challenges when the communication is between people of different cultures.


Talking Vs. Communicating, Ken Margolies Apr 2008

Talking Vs. Communicating, Ken Margolies

Ken Margolies

[Excerpt] There is a saying, "When all is said and done, more is said than done." Stewards who attend union meetings to decide how to handle and issue or grievance sessions with management probably agree. Why is it so difficult to get past the talk and make decisions, agreements, and well, get things done?


Building And Construction Trades Unions: Are They Built To Win?, Jeff Grabelsky Jan 2008

Building And Construction Trades Unions: Are They Built To Win?, Jeff Grabelsky

Jeffrey Grabelsky

[Excerpt] The evidence of labor's declining power in the economic and political arenas is increasingly clear. Despite the tenacious efforts of talented leaders over the past ten years, the labor movement has still failed to turn the proverbial cornet. Some labor leaders now believe that a dramatic change in strategic direction may be necessary to revitalize labor's fortunes. The emerging debate about labor's future touches every sector of the movement. The building and construction trades are no exception.


Creating A Multipurpose Digital Institutional Repository, Suzanne A. Cohen, Deborah J. Schmidle Jan 2008

Creating A Multipurpose Digital Institutional Repository, Suzanne A. Cohen, Deborah J. Schmidle

Suzanne Cohen

DigitalCommons@ILR is a multipurpose institutional repository (IR) for scholarship produced by faculty at the School of Industrial and Labor Relations at Cornell University. Unlike most IRs, it also functions as a subject-based repository for workplace-related information. This paper will discuss the issues involved in the implementation of DigitalCommons@ILR, including the choice of software, collection scope and policies, organization, and staffing. Keys to success in developing repository content, including building administrative support and developing partnerships, will be noted.