Business Commons^™

The Implication Of Us Gaap And Ifrs Convergence On American Business, Austin Willmore

Honors Theses

The purpose of this work is to discuss the ongoing process of convergence between IFRS and GAAP. It addresses some of the limitations of previous research related to this topic: namely, gives a more recent perspective than is currently available, and also discusses various aspects of the project in a single paper. This paper addresses the timeline of the project, the costs that it presents, the status of the convergence effort, and discusses possible outcomes of these efforts. This research compares, contrasts, and analyzes IFRS and GAAP in several key areas that were (or are still) keeping the standards apart.

Sales Across Cultural Context, Luke Hatfield

Honors Theses

The proposed study was designed to analyze how culture affected sales practices. The models used for analysis in depth were the CLAP model from WMU’s sales program and Hofstede’s cultural dimensions. Brazil, Germany, and China were analyzed and the elements with the largest differences from the United States were compared to the usual procedure of the CLAP model and a suggestion for an adaptation was made based on research findings (See appendix for condensed version).

After the study was complete I came to a conclusion of what steps should be taken by the effective salesperson to expand on this study. …

Tax Effects Of The Affordable Care Act On Individuals And Small Businesses, Lindsey Atteberry

Honors Theses

This paper examines how the Affordable Care Act, passed into law in 2010, will affect individuals and businesses in regards to taxes. There are many different tax implications resulting from the Affordable Care Act. For individuals, these include the premium assistance credit, the net investment income tax, the increase in the medical expenses deduction threshold, the additional hospital insurance for high-income tax payers, and the individual mandate. For small businesses, these include the small business tax credit, the excise tax, and the new SIMPLE cafeteria plans which are now available. After discussing these new taxes and tax credits, several cases …

The Effects Of Religion On Organizational Citizenship Behavior, Joel S. Ivy

Honors Theses

Research shows that religion has numerous effects on how people behave and act, so the goal of this study is to expand the body of knowledge about religion and see if it affects workplace behavior, specifically organizational citizenship behavior. Organizational citizenship behavior (OCB) is discretionary individual behavior that is not directly or explicitly recognized by the formal reward system and promotes the effective functioning of the organization. This study seeks to understand if religion, broken down further into internal and external religiosity, has any effects on how people behave at work. Further, if religion does have an effect on workplace …

Obesity: The Elephant In The Budget Room That We Can No Longer Afford To Ignore, Katharine G. Linehart

Honors Theses

An analysis of the effect of obesity on the national budget.

The Dynamics Of Business Communication: A Look At Social Media Use In The Workplace, Lindsey Munro

Honors Theses

This paper reviews the use of social media in a work place setting. Reviews on the history of social media and definitions are initially made to prepare the reader for the language of the paper. The main section of the paper covers the advantages and disadvantages of social media use in the work place from the perspective of inside an organization using a private social media platform. Private social media platforms are referred to as enterprise social media. Enterprise social media has advantages and disadvantages when used for communication in team settings, for individual communication and learning, and for knowledge …

The Origins And Evolution Of Corporate Sponsored Film, Clara Boesch

Honors Theses

Though possibly one of the most extensive genres in cinematic history, corporate sponsored films have been largely untouched by both historians and film critics. This thesis explores the origins and evolution of corporate-sponsored film resulting from the technological and economic climate of the nation from the late 19th century to the mid-20th century. It references the works of a few specialists in the field such as Rick Prelinger and Walter Klein, among others, as well as contemporary publications such as the trade journal Business Screen. In addition, it critically analyzes corporate-sponsored films from the pre-and post‐war periods to identify the …

Effects Of The World Trade Center Attacks And Hurricane Sandy: Manhattan Commercial Real Estate Market, Michael Miceli

Honors Theses

Two rare and uncontrollable events that recently took place in Manhattan were the attacks on the World Trade Center and Hurricane Sandy. Both of these catastrophic events affected the commercial real estate market in Manhattan in several ways. Using quarterly time-series data between 1996 and 2013 collected from Brookfield Office Properties, this paper utilizes regression analysis to investigate the effects of these events on vacancy rate, absorption rate and rent in Manhattan. The regression analyses control for location and building type such as Midtown, Downtown and Classes A,B,C, as well as economic factors such as unemployment rate and the S&P …

Incentive To Innovate: Dynamic Optimization Strategy In The Case Of A Symmetric Duopoly, Jigme Norbu

Honors Theses

Technological dominance and spillovers play important roles in a firm’s decision to investment in innovated products. It is intuitive to think that a firm which is technologically ahead will dominate the market for innovated products. However, the question of the spillover advantage a firm gets when they are technologically behind makes the decision to invest in new technology more complex. Therefore, in this paper, I consider the investment in new product and cost of doing research, along with capital and level of technology, to be primary factors affecting a firm’s profit. I ask, when is it a good time to …

The Effect Of Gross Profitability On Share Price Appreciation, Philip Barr

Honors Theses

The purpose of this study is to analyze the relationship between gross profitability and share price appreciation. Dimensional Fund Advisors, an investment firm managing $338 billion, builds portfolios based on a number of different metrics and added gross profitability as a factor in early 2013. Profitable firms may be systematically undervalued and, therefore, gross profitability should predict future share price appreciation. Gross profitability is a firm’s gross profit multiplied by its asset turnover. A high gross profitability may signal a firm’s pricing power or quality in comparison with other businesses. Investors may neglect profitable firms and overpay for “lottery stocks” …

Unionization And Income Inequality: The Impact Of Labor Union Participation On Income Inequality In The United States, Terence Finnigan

Honors Theses

Using Current Population Survey data in the period from 1996 -2011, this paper analyzes the relationship between labor union participation and income inequality in each of the 50 U.S. states. Since the 1970s the income gap in the United States has grown steadily and today the United States is the most unequal of all OECD countries (with the exception of Mexico and Turkey). In the past ten years alone, the disposable income for middle class families in the United States has shrank by a figure of 4 percent. In addition to rising income inequality, labor union participation has been on …

Intra-Firm Trade From U.S. Multinational Enterprises To Emerging Market Economies: An Assessment Of The Impact Of The Global Recession And Intellectual Property Rights, Trang Nguyen

Honors Theses

The level of US intra-firm imports from Emerging Markets, EM, (i.e., imports of MNEs from their foreign affiliates) has increased from 149 billion USD in 2002 to 347 billion USD in 2012. A similar magnitude is observed for US arm’s length imports (i.e., imports of MNEs from third parties in foreign countries). This thesis estimates the responsiveness of US intra-firm and arm’s length imports to Intellectual Property Rights (IPR) protection indicators, “Doing Business” indicators, and to the Global Recession. I use two panel data sets, one covering 332 industries (3-digit NAICS) and 43 emerging countries from 2002 to 2012, the …

Labor And Individual Differences: Their Influence On Product Value Perception, Trang Thi Thuy Nguyen

Honors Theses

The current research examined the impact of self-monitoring propensity on the “IKEA Effect”, in which labor induces greater liking for the products of one's labor, and as a result overvaluation of one’s creation. Whereas there was some research, such as those on toolkits or the “IKEA Effect”, which investigated valuation of self-created or self-build products, there is still little on personality traits influencing such valuations. In the experiment, students evaluated their self-assembled origami crane, cranes made by other participants, or cranes made by someone with high experience doing origami. The valuations made by the groups in different conditions are then …

The Effect Of Educational Debt On The Probability Of Homeownership For College Graduates: An Empirical Analysis, Cole Ikkala

Honors Theses

With the average tuition of both public and private institutions on the rise, students are graduating from college with a higher burden of debt than ever before. In turn this is adversely affecting their post-graduation decisions, specifically the purchasing of their first home. With the simultaneous increase of educational debt levels and tightening of lending constraints for mortgages, it is hypothesized that first-time homeownership is being delayed. The purpose of this study is to analyze what exactly is delaying graduates from purchasing a home, the outstanding total educational debt amount or the monthly educational debt repayment amounts. Both can hinder …

How Does The Amount Of Spending On Coaches' Salaries And Recruiting Budgets Affect Win Percentage In College Football?, Ashleigh "Alex" Watson

Honors Theses

College football has become much more than a sport for the athletes who play it and entertainment for the fans who watch it. In college football, especially for Football Bowl Subdivision (FBS) schools, winning has become a way to make money. However, in order to make money, people must spend money. In a college football program money is spent on a multitude of things. This study focuses on two important factors, coaches' salaries and recruiting budgets. Specifically, this study looked to find out how the amount of spending on coaches' salaries and recruiting budgets affected win percentage in college football. …

Bankruptcy Prediction, Gold, And The Great Auto Bailout, Katelin E. Byrd

Honors Theses

With recent economic instability, bankruptcy prediction is a tool that is useful to companies and researchers who are interested in the financial stability of an industry or company. This thesis studies bankruptcy prediction during the most recent recession that occurred in the United States for General Motors with Ford as a comparison company and compares the possibility of bankruptcy to the price of gold per ounce for the corresponding year. The multiple discriminant analysis model was used to complete this research. This model uses financial ratios to predict bankruptcy. This research yielded an inverse relationship between the price of gold …

Determinants Of A Winning Season For Intercollegiate Football Based On Revenues And Expenses, Burke L. Ellzey

Honors Theses

The athletic departments of many colleges and universities serve as a significant source of revenue to the university. For most colleges and universities, football is the most popular program in the athletic department. The purpose of this research is to analyze different categories of revenues and expenses of each athletic department to investigate how these factors affect the winning percentage of the specific football team. In addition, BCS and non-BCS teams are compared to see how the BCS title affects these categories of revenues and expenses. Multiple regressions are run with the winning percentage being the dependent variable with the …

Gender And Career Success In Public Accounting, Jessica L. Rowe

Honors Theses

Public accountants, students, and others evaluated career success and the effect of specific activities on career success. The results suggest that gender bias is not pervasive in public accounting, at least with respect to overall assessments of success, but male and female accountants do appear to weight differently various activities that contribute to career success. This may explain, in part, why women hold fewer public accounting leadership positions than men even though women appear to have an advantage over men when they begin their careers.

Relationship Versus Transactional Marketing In The Service Industry, Anna-Claire White

Honors Theses

Undergraduate research varies from major to major, offering valuable insight toward understanding more about what one is studying. This study focused on relationship versus transactional marketing in the service industry and the impact that building relationships has on making a sale. The aim of this study was to conduct qualitative and quantitative analyses in order to identify patterns regarding the correlation between building relationships and closing a sale. This objective was accomplished in this study. A sample population of consumers was obtained from a proprietary database from a collection of research obtained during my internship with Company X. The data …

Risk Propensity And The Aviator Shortage, Timothy S. Seales

Honors Theses

This is an exploratory research study of the possible similarities in risk propensity between aviators and potential aviators and to determine the feasibility of using focused marketing strategies to increase the number of annually issued pilot certificates. This exploratory research was chosen for its significance in that there is a steady decline in the number of pilot certificates being issued annually (Blair, 2012), and there is also a dramatic increase in the number of airline pilots reaching the mandatory retirement age of 65 (Cary, 2012). The result of these two combined circumstances may cause an acute aviator shortage in the …

Emotional Intelligence In Nonprofit Hiring Practices: A New Criterion, Monica Shubert

Honors Theses

In the most basic sense of the concept, Emotional Intelligence (EI) is the level of ability to identify, understand, assess, and control the emotions of oneself, others, and groups. It is a concept that has received popular acclaim over the past three decades since the term was first coined. Much of the growing literature on EI is in managerial and organizational behavior fields. The primary goal of much of this literature is to determine the extent to which EI can affect workplace outcomes. Suggestions that EI has a significant impact on workplace success have led to increased interest on how …

Wmu Career And Student Employment Services – Present Practices And Future Recommendations For Employer Relations, Amanda Jeppesen

Honors Theses

Career services offices currently find themselves in a rapidly changing environment. Due to economic hardship, students and employers are expecting more effective and fruitful engagement, and offices must create innovative solutions to provide such engagement on shrinking budgets. Career services staff charged with conducting employer relations activities are charged with brokering these relationships between employers, students, faculty and staff, and the offerings of their departments. The purpose of this study is to determine current practices for the career services offices at Western Michigan University, Oakland University, and Central Michigan University. Then, best practices identified by industry experts will be explored …

Framing Identity & Change In The Experience Of Interns, Bryleigh Loughlin

Honors Theses

The definition and framing of identity in scholarly work often focuses how an individual conducts identity work in response to identity regulation in order to construct a coherent self. This study expands upon this framework by illuminating the ways that undergraduate interns frame what identity is and the consequences of their framing for their resulting identity construction (identity work). Based on in-depth qualitative interviews, this study demonstrates how participants either framed identity as a stable entity or fluid construct. This study encourages the exploration and discovery of the colloquial ways workers define and discuss identity, so that scholars can understand …

The Effectiveness Internal Auditing Has To Help Improving Companies, Kelsey Miller

Honors Theses

Internal auditing is an independent consulting activity done within the company to insure and improve a company’s operation. The thesis is going to look at, if internal auditing has good effectiveness and efficiency in helping improve companies. Can internal auditing help a company stay on the right track? In the past, there has been much fraud, lies, scandals made by big companies, like Enron and Worldcom. These upsets have cost investors billions of dollars when the share prices of affected companies collapsed. Internal auditing should be able to know what is going on in the company and create ways to …

The Business Of Human Trafficking, Elizabeth Kaczmarek

Honors Theses

Human trafficking has been a social justice issue that has been addressed in the past by many scholars in the social sciences fields and has recently started to be acknowledged by academics in business fields. Exploited labor assisted in building almost all civilizations and while is no longer as blatant as it once was, it is just as prevalent and the market is becoming more aware of the issue. As with profit performance and environmental sustainability, consumers are starting to demand that the third pillar of sustainability – people – be addressed by organizations. In this paper, the current status …

Qualified Mortgages: An Attempt At Residential Mortgage Stability, Andre Averill

Honors Theses

No abstract provided.

Tips As An Asset Class: Implications For Asset Allocation, Alexander Hardt

Honors Theses

No abstract provided.

The Chinese Social Enterprise: A Global Phenomenon With Chinese Characteristics, Amanda Jingtong O'Malley

Honors Theses

Social entrepreneurship, a concept that integrates business strategies with achieving social goals, is gaining traction in China. However, it is a distinctly Chinese variant of an approach exported by Western entrepreneurs. The purpose of this thesis to is analyze the Chinese social enterprise by identifying China’s socioeconomic and political forces that create the unique environment in which this trend is taking root. By examining how these factors are changing in China’s progressively more market economy, I conclude that key characteristics of the Chinese social enterprise are also shifting in response—moving from a civil society- originated model to a market‐based social …

Fraudsters, Churches, Economy, And The Expectations Gap: Applying Trends Of Occupational Fraud To An Assurance Engagement Team Plan And Fraud-Prevention Client Proposal, Jenny Trout

Honors Theses

The purpose of this thesis is to present an overview of fraud, including concepts, trends, and controls to in turn, develop an effective assurance work plan as well as a fraud-prevention proposal to a potential client. When KPMG collected data from 348 of their company fraud investigations in 2011, an average of 87 percent were male (3). Around thirty-two percent of fraudsters usually worked in a finance role which gave them access to assets and financial statements. According to Donald Cressy's research, it takes all three elements to be considered fraud: a triangle of motivation, opportunity, and rationalization. However, in …

An Examination Of The Stockholder Response To Corporate Religiosity And Religiosity's Effects On Operational And Financial Reporting Quality, Katrina Marie Briscoe

Honors Theses

Religion has been shown to influence decision makers at both the individual and business level. In this paper, I examine the stockholder response to corporate religiosity and religiosity's effects on operational and financial reporting quality. Industry adjusted return on assets and industry adjusted accruals are my measures for operational and financial reporting quality, respectively. Using religiosity data from Dyreng, Mayew, and Williams, I evaluate the 1999 and 2006 mean stock returns by degree of religiosity and return on assets and by degree of religiosity and accruals earnings management. I find that stockholders favor the least religious companies with the highest …