Business Commons^™

Developing Leaders While Sustaining Values: Learning From International University Partnerships, Marco Tavanti

Marco Tavanti

How can international exposure contribute to develop effective and value-centered leaders? This best-practice analysis illustrates important lessons in professional and adult education through case studies in academic and community-based partnerships for poverty reduction and sustainable development in Chiapas-Mexico and Manila-Philippines

Entrepreneurship Theory And The Poverty Of Historicism., Patrick Murphy

Patrick J. Murphy

Purpose – The author applies methodological concepts from The Poverty of Historicism to contemporary research in the area of entrepreneurship. This paper aims to explain why current theoretic models do not adequately explain entrepreneurial phenomena and to present outlines of a

distinct entrepreneurship research paradigm.

Design/methodology/approach – The author examines the essay from the perspective of a historian and then summarizes its concepts. Next, the author reviews the current state of entrepreneurship research and theory and applies concepts from the essay to its contemporary

challenges. Finally, the author presents five implications.

Findings – The five implications are that entrepreneurship research …

Dispersion Of Beliefs, Stock Prices And The Earnings Surprise Measures-A Generalized Approach, Leon Zolotoy

Leon Zolotoy

In this paper we address the issue of modelling the relation between the stock prices and accounting earnings in the presence of potential divergence of opinions regarding the earnings data generating process. In our model the market's earnings expectation is defined as the weighted average of both the time-series and analysts' forecasts, with weights being estimated directly from stock returns. No assumptions are made on functional form of the earnings surprise-stock returns relation, which makes our model flexible enough to incorporate a variety of models discussed in the previous literature. The model is estimated semiparametrically following Hardle et al. [Annals …

Hiding "Bad" News On Fridays? Not Such A Good Idea!, Leon Zolotoy

Leon Zolotoy

Previous studies reported firms management to release more"bad" news on Fridays compared to the rest of weekdays, potentially exploiting investors limited attention. In this study we examine whether this strategy was detected by investors. Our key findings are as follows. First, consistent with previous studies, we find that over the last two decades firms consistently reported more "bad" news on Friday than during the rest of trading days. Second, we report a structural shift in the earnings-return relation with stock returns becoming more sensitive to the Friday negative earnings news compared to similar announcements released during the rest of the …

Earnings News And Market Risk: Is The Magnitude Of The Post-Earnings Announcement Drift Underestimated?, Leon Zolotoy

Leon Zolotoy

The post-earnings announcement drift is the tendency of cumulative abnormal re- turns to drift in the direction of earnings surprise for several weeks after the earnings news is released. We show that a standard approach of measuring abnormal returns by using pre-announcement estimates of market risk (betas) causes the magnitude of this phenomenon to be significantly underestimated. Our key findings are as follows. First, we find that stock beta tends to rise (fall) following the release of "bad" ("good") earnings news. Second, we find that by not taking into account post-announcement shifts in betas prior studies are likely to underestimate …

2001 Nüfus Sayımı Verilerine Göre İngiltere’De Etnik Pazar Potansiyeli, Ibrahim Sirkeci

Ibrahim Sirkeci

Bu çalışma İngiltere ve Galler nüfusunun etnik gruplara göre dağılımını sunmakta ve etnik pazar potansiyeli gösterilmektedir. İngiltere ve Galler nüfusunun etnik yapısını görmek için Birleşik Krallık (BK) 1991 ve 2001 Nüfus Sayımları ile 2004 Yılı Nüfus Araştırması verileri kullanılmıştır. Bu verilere göre, 1999’dan bu yana ülkedeki tüketim pazarının büyümesinin önemli bir kısmınının İngiltere ve Galler’deki etnik azınlıkların artan tüketiminden kaynaklandığını söylemek mümkündür. Bu bize etnik azınlık pazarının sunabileceği zengin pazarlama ve genişleme olanaklarının varlığını göstermektedir. BK etnik pazarı hızla büyüyen bir pazar olduğu görülmektedir ve genel eğilimler büyüme yönündedir. BK etnik pazarının daha kapsamlı ve derinlemesine anlaşılabilmesi için gerek tüketici …

"Athleticated" Versus Educated: A Qualitative Investigation Of Campus Perceptions, Recruiting And African American Male Student-Athletes, Keith Harrison

Dr. C. Keith Harrison

The purpose of this study was to conduct a qualitative investigation of student narratives (N= 167) about the contemporary issue of recruiting high-profile African American male student-athletes. Participants were asked to view a scene on recruiting from the film, The Program (1994). Participants were then presented with questions regarding a recruiting trip by an African American football player to a traditionally white campus. Findings indicate that both Black and White students perceived the African American male student-athletes in the film scene to be more "athleticated" than educated. They were also perceived as stereotypical sex-objects. "When athletes (especially male) show up …

Sugar ‘N’ Spice And All Things Nice: Gender And Strategy Choices In Negotiation, Mara Olekalns, Carol Kulik

Mara Olekalns

In this chapter we examine how social stereotypes affect the perception of women who strive to improve their economic outcomes through negotiation. We discuss how gender affects negotiation process and outcomes by: (a) describing how men and women differ in their approach to negotiation (b) highlighting the social consequences for women who adopt a more competitive negotiation style; and (c) articulating the process by which counter-normative behaviour influences negotiation outcomes. Throughout this chapter, we describe the strategies that enable women to preserve ongoing organisational relationships and simultaneously improve their economic outcomes.

A Response To Bruni And Sugden, Julie A. Nelson

Julie A. Nelson

An article by Luigino Bruni and Robert Sugden published in this journal argues that market relations contain elements of what they call ‘fraternity’. This Response demonstrates that my own views on interpersonal relations and markets – which originated in the feminist analysis of caring labour – are far closer to Bruni and Sugden's than they acknowledge in their article, and goes on to discuss additional important dimensions of sociality that they neglect.

What Does Islamic Finance Want To Be When It Grows Up?, Karen Hunt Ahmed

Karen Hunt Ahmed

No abstract provided.

Where Is Islamic Finance Going? Ethical Investment Strategies, Karen Hunt Ahmed

Karen Hunt Ahmed

No abstract provided.

"Islamic Banking And Finance: Moral Beliefs And Business Practices At Work", Karen Hunt Ahmed

Karen Hunt Ahmed

The religion of Islam has existed for 1400 years but Islamic economic theory and its financial institutions emerged as an industry only in the 1970s. Islamic financial institutions (IFIs) are designed to help Muslims conduct business internationally while simultaneously upholding traditional Islamic values related to trade finance and currency movement. The basis for their existence is the Islamic moral prohibition on charging interest—interest is a central component of capitalist banking—yet IFIs conduct billions of dollars of business annually in the world economy and the de facto Islamic banking transaction is—in most cases—virtually identical to a capitalist banking transaction. Business practices …

A Day In The Life Of A Male College Athlete: A Public Perception And Qualitative Campus Investigation, Keith Harrison

Dr. C. Keith Harrison

Perceptual confirmation paradigm (PCP) rooted in social psychology, can be implemented to frame sport science research questions (Stone, Perry, & Darley, 1997). Public perception of college athletes’ lives has been scarcely investigated in the sport sciences (Keels, 2005) using the PCP to prime stereotypes. The purpose of this study was to prime stereotypes about a day in the life of a college athlete by using qualitative inquiry to assess college students’ (N = 87) perceptions. Participants provided written responses about a day in the life of a college athlete. Two different college athlete targets were used “Tyrone Walker” (n = …

Inclusion: A Business Approach That Could Impact Communities, Effenus Henderson

Effenus Henderson

One of the most remarkable aspects of global economic integration is the rapidly growing interaction among people and communities around the world. In some ways, this interconnectedness has brought us closer together and diminished our differences. But it has also heightened awareness of our differences, and in some cases created opportunities for political conflict in which cultural differences are used to divide and polarize populations. As a key player in global economic integration, business has an important stake in facilitating cooperative relations among peoples. Growing tensions and polarization along cultural, religious and ethnic lines undermine stable, sustainable business environments, and …

The Influence Of National Culture And Institutional Voids On Family Ownership Of Large Firms: A Country Level Empirical Study, Subrata Chakrabarty

Subrata Chakrabarty

The Role Of Goal-Focused Leadership In Enabling The Expression Of Conscientiousness

L. A. Witt

No abstract provided.

Chicago Islamic Microfinance Project, Karen Hunt Ahmed, Cynthia Shawamreh

Karen Hunt Ahmed

No abstract provided.

A Means To An End – A Web-Based Client Management System In Palliative Care, Margaret O'Connor, Trudi Erwin, Linda Dawson

Associate Professor Linda Dawson

Home-based palliative care (hospice) services require comprehensive and fully integrated information systems to develop and manage the various aspects of their business, incorporating client data and management information. These systems assist in maintaining the quality of client care as well as improved management effi ciencies. This article reports on a large not-for-profi t home-based palliative care service in Australia, which embarked on a project to develop an electronic data management system specifi cally designed to meet the needs of the palliative care sector. This web-based client information management system represents a joint venture between the organization and a commercial company …

Communication Skills For Success: Tourism Industry Specific Guidelines, Babu P. George

Babu George

No abstract provided.

"Conscious Leadership And The Substance Of Change", Art Stewart

Art Stewart

No abstract provided.

"Communicating Politics - Big Budget Branding, Micro-Management Of Issues, Change As Strategic Positioning", Art Stewart

Art Stewart

No abstract provided.

Defining And Measuring Entrepreneurship For Regional Research: A New Approach, Sarah A. Low

Sarah A. Low

A strong correlation might exist between entrepreneurship and long-term regional

employment growth (Acs and Armington, 2003). Entrepreneurship may be a more

sustainable economic development strategy than alternatives, like industrial recruitment,

because entrepreneurs tend to locate in their home region. Research and policies on

fostering entrepreneurship are hindered, however, by the lack of a clear definition and

measure of entrepreneurship (Bruyat and Pierre-Andre, 2000). Multiple definitions of

entrepreneurship, often flawed, lead to contradictory findings that fuel policymaker

confusion (Tamasy, 2006). Most importantly, the commonly used measures of

entrepreneurship ignore innovation—a long established defining attribute of

entrepreneurship for economic development. This is …

En La India El Empresario Sustituyó Al Funcionario, Guillermo Arosemena

Guillermo Arosemena

No abstract provided.

Towards Self-Configurable Overlay Networks, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Evaluating The Extent And Nature Of 'Envelope Wages' In The European Union: A Geographical Analysis, Colin C. Williams

Colin C Williams

To evaluate the spatialities of the illegal wage practice where employers pay their declared employees both an official declared wage and an undeclared ‘envelope’ wage so as to avoid tax liabilities, a 2007 survey conducted in 27 European Union (EU) member states is reported. The finding is that 5% of employees received envelope wages which amount on average to some two-fifths of their wage packet. Revealing how, although heavily concentrated in a small group of East-Central European nations, this wage practice is nonetheless ubiquitous, the paper concludes by discussing how this practice might be tackled.

Life, Death And Dark Tourism: Future Research Directions, Philip R. Stone Dr

Dr Philip Stone

No abstract provided.

Review: Prison Tourism: Cultural Memory And Dark Tourism, Philip R. Stone

Dr Philip Stone

The Darker Side Of Travel: The Theory And Practice Of Dark Tourism, Philip R. Stone

Dr Philip Stone

Making Absent Death Present: Consuming Dark Tourism In Contemporary Society, Philip R. Stone

Dr Philip Stone

No abstract provided.

Dark Tourism: Morality And New Moral Spaces, Philip Stone Dr

Dr Philip Stone

No abstract provided.