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Full-Text Articles in Business

A Neglected Factor Explaining Family Business Success: Human Resource Practices, Joseph H. Astrachan, Thomas A. Kolenko Sep 1994

A Neglected Factor Explaining Family Business Success: Human Resource Practices, Joseph H. Astrachan, Thomas A. Kolenko

Faculty and Research Publications

Over 600 family firms were involved in this examination of the impact of human resource management (HRM) and professional governance practices on family business success and survival. Our findings identified some of the most prevalent family firm HRM practices and found significant positive correlations among HRM practices, gross firm revenues, and CEO personal income levels. The results support prior arguments for competitive advantage in the marketplace gained through effective use of HRM practices. An interesting additional finding was that while boards of directors, strategic planning, and frequent family meetings were correlated with business longevity over multiple generations, succession planning was …


Management Accounting & Academe, Heather M. Hermanson, Dana R. Hermanson Jun 1994

Management Accounting & Academe, Heather M. Hermanson, Dana R. Hermanson

Faculty and Research Publications

Management accounting offers rewarding research opportunities. If researchers are able to identify more efficient ways to analyze internal accounting data, these new methods can be adopted immediately by interested companies. Breakthroughs in management accounting research do not have to filter through a standard-setting body before they can have an impact on practice. Due to the absence of management accounting rules, the great demand for management accounting research, and the availability of management accounting data, it is not surprising that academic research is beginning to drive the field of management accounting.


The Decision Making Unit In The Choice Of A Long-Term Health Care Facility, Faye W. Gilbert, R. Keith Tudor Apr 1994

The Decision Making Unit In The Choice Of A Long-Term Health Care Facility, Faye W. Gilbert, R. Keith Tudor

Faculty and Research Publications

Presents a study which describes the membership and relative degree of influence of various participants within the decision making unit (DMU) in the selection of a long-term health care (LTHC) facility. Information on the elderly population in the United States; When the DMU construct was originally developed; Results of study.


Influence Of Family Relationships On Succession Planning And Training: The Importance Of Mediating Factors, Ivan Lansberg, Joseph H. Astrachan Mar 1994

Influence Of Family Relationships On Succession Planning And Training: The Importance Of Mediating Factors, Ivan Lansberg, Joseph H. Astrachan

Faculty and Research Publications

This study models the influence of family relationships on succession variables, using a sample of 130 participants from 109 family businesses. Results suggest that the effects of family adaptability and family cohesion on succession planning and successor training are determined by the family'S commitment to the business and the quality of the owner-manager and successor relationship. The study finds that the influence of family relationships on administrative behavior in family businesses is not always direct, as was previously assumed, but is mediated by various factors.


Signal Detection Theory And Single Observation Designs: Methods And Indices For Advertising Recognition Testing, Dennis J. Cradit, Armen Tashchian, Charles F. Hofacker Feb 1994

Signal Detection Theory And Single Observation Designs: Methods And Indices For Advertising Recognition Testing, Dennis J. Cradit, Armen Tashchian, Charles F. Hofacker

Faculty and Research Publications

Two simulations assessed the statistical bias, consistency, and efficiency of 4 different signal detection theory (SDT) sensitivity measures; a corrected-hit probability, the traditional d′ statistic, and 2 nonparametric measures collected from a collapsed-data procedure. Overall, results reinforce evidence that collapsed procedures produce relatively unbiased and efficient estimators. Recommendations for the best approach to using SDT for advertisement recognition testing are offered.


The Internal Control Paradox: What Every Manager Should Know, Dana R. Hermanson, Heather M. Hermanson Jan 1994

The Internal Control Paradox: What Every Manager Should Know, Dana R. Hermanson, Heather M. Hermanson

Faculty and Research Publications

Examines some conflicting trends concerning internal control systems of companies in the 1990s. Definition of internal control; Trends toward internal control; Trends away from internal control; Balanced view of internal control; Solution to the internal control paradox.