Business Commons^™

The Huntsman Post, December 2017, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business Huntsman Post Issues Collection

Monthly newsletter for the Jon M. Huntsman School of Business at Utah State University.

Implementing The Heston Option Pricing Model In Object-Oriented Cython, Brandon Hardin

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The 1973 Black-Scholes model, a revolutionary option pricing formula whose price is 'relatively close to observed prices, makes an assumption that the volatility is constant and thus, deterministic. This causes some inefficiencies and patterns in the pricing of options due to the model providing evidence of the volatility smile' of the volatility. Many scholars have suggested that the volatility should be modelled by a stochastic process and the (1993) Heston Model is one of many proposed solutions to remedy this problem. The Heston Model allows for the 'smile' by defining the volatility as a stochastic process. This thesis considers a …

Recognizing Linguistic Cues To Align Financial Coaching Strategies With The Transtheoretical Model Of Change, Lucy M. Delgadillo

Applied Sciences, Technology and Education Faculty Publications

Financial coaching is more effective if a finance professional understands where a client is in the process of change. This article presents five mini scenarios exemplifying the stages of change as they apply to clients receiving financial coaching as well as a sampling of coaching strategies useful for helping clients move through those stages. In particular, the focus of each mini scenario is language used by clients that can provide clues about the stage of change the client is in. Financial management Extension professionals can use the information presented to recognize linguistic cues related to stages of change and align …

Application: Solving For A Local Companys Optimal Storage Strategy, Dakota Ferrin

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

This project used historical spot and futures price data of two fairly closely correlated commodities to simulate many possible spot and futures price paths that could have occurred over a given time frame. These simulated prices were then used to test various commodity storage strategies available through futures contracts. This paper explains how results, including values such as the mean terminal cumulative profit and the standard deviation of the mean terminal cumulative profits for each strategy, can be interpreted to help determine a local company’s optimal storage strategy.

This paper specifically provides a way for a local company to find …

Performance Of Statistical Arbitrage In Future Markets, Shijie Sheng

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

This paper is the replication of Alizadeh and Nomikos (2008) Performance of Statistical Arbitrage in Petroleum Futures Markets. Cited methodology from the original paper, this paper investigates the linkages between commodities in the future markets and apply trading strategy based on statistical analysis. The trading strategy is established based on cointegration relationships between commodities and execute trading rules to determine long-short positions. The robustness of trading result will be implemented by using stationary bootstrap approach. From the result, we can see the trading strategy based on cointegration relationship analysis is efficient to set up trading strategies in given datasets.

The Money Mentors Program: Increasing Financial Literacy In Utah Youths, Zurishaddai A. Garcia, Dave Francis, Amanda Christensen, Stacey S. Macarthur, Margie Memmott, Paul A. Hill

All Current Publications

Utah 4-H and Fidelity Investments collaborated on a program for increasing the financial literacy of teens and children. The collaboration resulted in positive impacts for both Extension and Utah youths. Extension benefited through partnership with a corporation that provided content expertise, volunteers, and funding for a financial literacy program. Youths benefited from improved financial literacy. A Teens Reaching Youth (TRY) team approach was used for the training of 81 teens, who then taught 530 youths statewide. The curriculum addressed research-based financial concepts through activities and technologies that were interactive, appealing, and engaging. The program development and implementation processes may serve …

Increasing Commerce Competitiveness: Case Study On Solving Issues In The Fruit Supply Chain In The Dominican Republic, Which Limit Exports, And Self-Reliance, Maria G. Mera Rivas

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Agriculture was the main economic pillar of the Dominican Republic from its origins. Government decisions during the 80s and 90s resulted in high imports of food products, migration of rural workers to the urban areas, loss of arable land, and disinterest from a younger generation to continue food production. This case study explains the findings from research conducted in the Dominican Republic and Georgia, USA between 2014 and 2017. The researcher interviewed major players in the fruit sector in both areas, used data from the cacao sector to analyze exports behavior, and applied Porter’s Diamond of National Advantage to the …

Unpaid Care Work: Impact Recommendation Report, Erin Jemison, Susan R. Madsen

Marketing and Strategy Faculty Publications

Participants: Anne Burkholder (YWCA Utah), Renata Forste (BYU), Julie de Azevedo Hanks (therapist, researcher), Danny Harris (AARP), Erin Holmes (BYU), Erin Jemison (YWCA Utah), Susan Madsen (UWLP, UVU), Robbyn Scribner (UWLP, UVU), LaDawn Stoddard (UServeUtah), Becky Utz (University of Utah)

School Of Accountancy Ranked Nationally Again, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

The School of Accountancy in the Jon M. Huntsman School of Business has once again been ranked as one of the best accounting programs in the nation.

Marketing Club Holds Aggie Ice Cream Competition, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Singing “The Scotsman.” Sitting on Old Main Hill. Cheering at football games. Making a bonfire at Second Dam. And of course, eating Aggie Ice Cream. These are just some of the things that make us Aggies

Former Deloitte Ceo Shares Career Advice, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Jim Quigleyʼs mother was a school teacher; his father, a forest ranger, and he grew up in the tiny town of Kanosh, Utah, with a graduating class of 91 students. Yet from those humble beginnings, Quigley rose to become CEO of Deloitte, the leading professional services company in the world, providing audit, tax, and advisory services to organizations around the world.

Huntsman Scholar Program Welcomes New Assistant Director, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

The Huntsman Scholar Program began almost ten years ago as way to provide an outstanding undergraduate curricular and extracurricular experience to high ability students. Due to a significant donation from the Huntsman Foundation, this program now brings together roughly 20 percent of Huntsman undergrads (400 total), representing a four-fold expansion of the program, and pairs them with incredible teachers and professional staff for a cohort-based, rigorous, one-of-a-kind undergraduate business education program. Students will participate in curricular, co-curricular, and extra-curricular experiences across four years, with a program of study focused on academic rigor, critical thinking, and mentoring to provide a solid …

The Role Of It Application Orchestration Capability In Improving Agility And Performance, Magno Queiroz, Paul P. Tallon, Rajeev Sharma, Tim Coltman

Data Analytics & Information Systems Faculty Publications

This paper investigates how IT application orchestration – a dynamic capability encapsulating a firm’s ability to refresh its application portfolio through a process of building, buying, and retiring IT applications – impacts firm performance. We propose a conceptual model in which the effect of IT application orchestration on firm performance is mediated by process agility. We further propose that a firm’s strategic orientation moderates the effect of IT application orchestration capability on process agility. Analysis of data from an international survey of IT executives supports our proposed hypotheses. This research contributes to the emergent literature on dynamic capabilities by proposing …

The Huntsman Post, November 2017, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business Huntsman Post Issues Collection

Monthly newsletter for the Jon M. Huntsman School of Business at Utah State University.

Utah Women And Mental Health, Robbyn T. Scribner, Susan R. Madsen, Elyse Barnes

Marketing and Strategy Faculty Publications

According to the World Health Organization, “There is no health without mental health.” A national report stated that in 2015 nearly 1 in 5 adults in the U.S. (43.4 million, or 17.9%) suffered from a mental illness and that 9.8 million Americans (4% of all adults) had a serious mental illness. Although one recent in-depth study showed Utah ranking slightly below the national average in the percentage of adults who suffer from poor mental health, the state regularly reports rates higher than the national average for depression. Another recent study that considered both the percentage of adults with mental illness …

Leadership Professor Named New Professional Mba Director, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Dr. Bradley A. Winn, a leadership and strategy professor at USU, was recently appointed to serve as the new director of the Professional MBA Programs. PMBA programs at the Jon M. Huntsman School of Business now serve about 200 working professionals throughout the State of Utah and beyond. “We are very excited to have Brad Winn to fill this very important role. Brad has extensive experience in higher education working with top administration at UVU and Snow College and as a legislator for the State of Utah. Iʼve always been very impressed at Bradʼs commitment to students, the community, and …

Huntsman Leadership Summit Highlights Characteristics Of Successful Leaders, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

On Friday, September 29, 2017, two partner investors, two CEOs and one vice president spoke on a panel at the Huntsman Leadership Summit to conclude Business Week at Utah State University.

Public Accounting Report 2017 Rankings, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

The School of Accountancy is excited to report that we continue to rank in the “Top 50” graduate and undergraduate programs in The Public Accounting Report 2017 Annual Rankings. For programs with 17 or fewer faculty members, the undergraduate program is ranked #3 and the masterʼs program is ranked #8. The overall ranking of all schools placed the undergraduate program at #40 and the masterʼs program at #50. The School of Accountancy continues to receive national recognition for our faculty and programs.

Top Finish In National Real Estate Investing Competition, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

A team of Huntsman School students placed third in a national real estate competition, ahead of Harvard, BYU, Wisconsin Madison, Pepperdine and others in the 2016 Real Confidence University Challenge. The annual competition, comprised of 32 universities and colleges with over 190 students, gives hands-on learning experience in public and private commercial real estate investing. The performance of each sectorʼs weighted investment selection was calculated with its respective benchmark return data provided by NAREIT, NCREIF, Markit and Giliberto-Levy Commercial Mortgage Performance Index. Each university team is allocated $1 billion in theoretical capital among a variety of commercial real estate investment …

Leonard J. Arrington Centennial Conference, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

This summer, the Jon M. Huntsman School of Business was honored to host the Leonard J. Arrington Centennial Conference which was sponsored by Cache Valley Bank and Siegfried—Jensen.

Homecoming Alumni Tailgate Party - October 10, 2017, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Maverick Stadium Parking Lot

• Free lunch from Leilaʼs Luau food truck
• Chocolate chip cookies from Baked
• Corn hole & Spike Ball
• Prizes

How I Spent My Summer, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

This summer, I spent several weeks in Southeast Asia on a Global Learning Experience with the Jon M. Huntsman School of Business. We traveled to Vietnam, Thailand, China, and Hong Kong to meet with businesses, government agencies, and international organizations. Our group included Dean Anderson, Dr. Vijay Kannan, Dr. Zsolt Ugray, and 13 students in various majors in the Huntsman School of Business.

Access To Healthcare: Impact Recommendation Report, Erin Jemison, Susan R. Madsen

Marketing and Strategy Faculty Publications

Participants: Laurie Baksh (Dept. of Health), Senator Luz Escamilla, Vicky Fuentes (Comunidades Unidas), Erin Jemison (YWCA Utah), Becky King (Division of Substance Abuse & Mental Health), Jenifer Lloyd (AUCH), Susan Madsen (Utah Women & Leadership Project, UVU), UVU), Jessie Mandle (VUC), Jean Millar (Intermountain Healthcare), Kyl Myers (U of U), Jessica Sanders (U of U), Sara Simonsen (U of U), Heather Stringfellow (PPAU), Micah Vorwaller (UHPP)

The Status Of Women Leaders In Utah Education: A 2017 Update, Susan R. Madsen, Elizabeth Goryunova, Ashlie Hew-Len

Marketing and Strategy Faculty Publications

In 2014, the Utah Women & Leadership Project (UWLP) released a research and policy brief titled, “The Status of Women Leaders in Utah Education.” The document was one of four released in 2014 that focused on understanding the status of women’s leadership in politics, education, nonprofits, and business. This brief provides a three-year update to determine what, if any, progress has been made in women’s leadership within Utah’s public (K–12) and higher education (public and the two largest private) sectors. The brief compares Utah data with national data and reviews the applicable literature.

The Huntsman Post, September 2017, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business Huntsman Post Issues Collection

Monthly newsletter for the Jon M. Huntsman School of Business at Utah State University.

The Gender Wage Gap In Utah, Susan R. Madsen, Janika Dillon, Robbyn T. Scribner

Marketing and Strategy Faculty Publications

In 2016, American women earned approximately 20% less than men. This gap has narrowed substantially since 1963, when the Equal Pay Act was passed and women earned 41% less than men; yet a gap persists, and a half century later women are still paid less than men in almost every occupation. In Utah, a woman earns approximately 71 cents per dollar that a man earns (though reports vary, several recent national studies show a gap between 70–71 cents), and according to the American Association for University Women, we have the nation’s fourth-largest gender wage gap for year-round full-time workers. With …

Debt/Equity Ratio And Asset Pricing Analysis, Nicholas Lyle

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

A firm’s value can be manipulated by altering how much debt a firm takes on relative to its equity called the Debt/Equity ratio. The positive aspects of debt are tax shields and the perception that the firm is trying to expand their current operations while the negative effects are increased bankruptcy risk. The optimal ratio is where the negative aspects begin to outweigh the positive. Since bankruptcy risk is hard to value there are many opinions on what the optimal Debt/Equity ratio for a specific firm is.

This study looks to historic data to determine how the market perceives debt …

Healthcare Sector Stock Returns And The Election Of Donald J. Trump, Cordell Hull

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The 2016 US Presidential Election was hallmarked by significant policy differences between the Democratic and Republican parties. Healthcare reform was one of the most significant and highly debated issues between the candidates; Hillary Rodham Clinton (D-NY) and Donald J. Trump (R-NY). The Republican platform of repeal and replace was in direct opposition to the expansionary viewpoints of the Democratic Party which was to promote increased regulations on the healthcare and pharmaceutical industries. The media narrative in the months preceding the election assumed a Democratic victory as a sure thing. The New York Times gave Hillary Clinton a 98.5% chance of …

The Efficiency Of Liquidity Resiliency, Nathan Burton

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Using a VECM to estimate the dynamics of liquidity, in this case bid-ask spread, I run simulations for stocks of varying market capitalizations and find that lower market cap stocks require more orders to return to equilibrium spread following a shock, suggesting less efficiency of price discovery in lower cap stocks. Despite the greater number of order necessary for lower cap stocks, the return to equilibrium spread is still very fast, suggesting a relatively efficient market for NYSE and NASDAQ stocks in the upper three market cap quartiles.

Gambling With Momentum: How Gambling Cultures Shape Financial Markets, Daniel Mosman

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Do people who gamble carry such preferences into their investments? This study looks at various factors which are used to identify countries with a significant gambling population, and seeks to find a relationship with those gambling tendencies and premiums associated with momentum. From historical market data from financial markets in 45 different countries I found stronger evidence of a momentum premium in those countries which have those identifying factors for gambling, than those that do not. Results of the regression analysis suggest weak evidence that it is possible that the momentum premium could be associated with gambling preferences and culture …