Business Commons^™

Last-Minute Coordination: Adapting To Demand To Support Last-Mile Operations, Kedong Chen, Hung-Chung Su, Kevin Linderman, William Li

Information Technology & Decision Sciences Faculty Publications

In the highly competitive e-commerce industry, customer-facing warehouses are crucial as the “order penetration points” for e-commerce last-mile operations. This research examines how warehouses use last-minute coordination, an unstructured mechanism, to ensure sufficient inventory at the order penetration points. Previous research has focused on structured mechanisms like contracts and inventory management systems to enhance warehouse performance. However, these mechanisms can be ineffective when faced with unforeseen local contingencies. To adjust inventory and adapt to changes in supply and/or demand, warehouses need to engage in unstructured, last-minute coordination with other warehouses. Using coordination and loose coupling theories, we find that coordinating …

Current Management Issues In Health Information Technology, Gladys Dadson

Doctoral Dissertations and Projects

Health information technology can improve quality care delivery, thereby boosting the healthcare business reputation. However, it can negatively affect quality care delivery and lead to a negative business reputation if not efficiently managed. This single qualitative study aimed to explore the causes of the inefficiencies in managing health information technology and strategies that healthcare organizations use to ensure its efficiencies. In a purposive sample, the researcher conducted telephone interviews with twenty-one participants from Lancaster General Hospital. The participants comprised medical doctors, Doctor of Nursing practitioners, managers of health informatics, and informatics specialists working in various divisions and E-health operations. Other …

Analyzing The Correlation Between Offensive And Defensive Efficiency In The Nba, Elijah Mckim, Jax Werner, Kade Werner

Sport Management Student Projects

Throughout the paper, the authors investigate the correlation between offensive and defensive efficiency in the NBA over the past 20 years. This includes things such as shooting percentages, new rules implemented into the league, and advances in technology.

Unraveling The Link Between Simulation Ehr Training And Task Performance: The Mediation Role Of Stress, Murad Moqbel, Vanessa Garza Clark, Aroop K. Pal, Lauren Pulino

Information Systems Faculty Publications and Presentations

Past research has explored the link between computer-mediated communication (CMC) and task performance, but it remains unclear how (i.e., under what mechanisms) CMC impacts task performance. Drawing on media naturalness theory and the stimulus-organism-response model as our theoretical framework, we develop a research model and describe how simulation-based EHR training (a type of CMC) can improve EHR-based task performance by mitigating stress. We empirically test the model with a unique experimental dataset from EHR lab assessment and questionnaires that 225 participants completed. The structural equation modeling analysis results show that simulation EHR training helped improve EHR-based task performance (both effectiveness …

Improving Arts Management/Marketing Efficiency: Optimizing Utilization Of Scarce Resources To Produce Artistic Outputs, Theresa A. Kirchner, Linda L. Golden, Patrick L. Brockett

Marketing Faculty Publications

Purpose

This longitudinal research examines US symphony orchestra sector organizations to determine individual efficiencies in allocating resources (donations, governmental/private funding, etc.) for desirable outputs (concerts, educational programs, community outreach). It provides researchers and managers with a tool for identifying, assessing and mitigating organizational inefficiencies.

Design/methodology/approach

This study assesses relative efficiencies in performing arts organizations using Data Envelopment Analysis (DEA), a widely-used nonparametric data-intensive benchmarking technique that determines an optimal “production frontier” of best-practice organizations among their peers and assesses their abilities to turn multivariate inputs into multivariate desired outputs.

Findings

This analysis highlights efficiency differences in a wide range of …

Project Foresight Annual Report, 2019-2020, Paul J. Speaker

Faculty & Staff Scholarship

Project FORESIGHT is a business-guided self-evaluation of forensic science laboratories across the globe. The participating laboratories represent local, regional, state, and national agencies. Economics, accounting, finance, and forensic faculty provide assistance, guidance, and analysis. Laboratories participating in Project FORESIGHT have developed standardized definitions for metrics to evaluate work processes, linking financial information to work tasks, and functions. Laboratory managers can then assess resource allocations, efficiencies, and value of services—the mission of Project FORESIGHT is to measure, preserve what works, and change what does not.

The benchmark data for the 2019-2020 performance period includes laboratory submissions for a variety of fiscal …

Sfa Application On Islamic Economics And Finance Research, Aam Slamet Rusydiana, Lina Nugraha Rani, Rosadiro Cahyono

Library Philosophy and Practice (e-journal)

This study aims to determine the map of SFA research on Islamic economics and finance (IEF). SFA or Stochastic Frontier Approach is one method for parametric efficiency measurement. The data analyzed were in the form of publication of the SFA application research on IEF, totaling 109 articles. Map of the development of SFA field research is obtained through the export process into the .txt file format. The export data is then processed and analyzed using the VOSviewer application program to determine the SFA development’s bibliometric map in Islamic finance application research. The results showed that the number of publications on …

Project Foresight: A Ten-Year Retrospective, Paul J. Speaker, Max M. Houck

Faculty & Staff Scholarship

Project FORESIGHT is a business-guided self-evaluation of forensic science laboratories across the globe. The participating laboratories represent metro, regional, state, and national agencies. Economics, accounting, finance, and forensic faculty provide assistance, guidance, and analysis. Laboratories participating in Project FORESIGHT have developed standardized definitions for metrics to evaluate work processes, linking financial information to work tasks, and functions. Laboratory managers can then assess resource allocations, efficiencies, and value of services—the mission of Project FORESIGHT is to measure, preserve what works, and change what does not.

The benchmark data for the 2018-2019 performance period includes laboratory submissions for a variety of fiscal …

On The Origin, Content, And Relevance Of The Market Failures Approach, Jeffrey Moriarty

Philosophy Faculty Publications

The view of business ethics that Christopher McMahon calls the “implicit morality of the market” and Joseph Heath calls the “market failures approach” has received a significant amount of recent attention. The idea of this view is that we can derive an ethics for market participants by thinking about the “point” of market activity, and asking what the world would have to be like for this point to be realized. While this view has been much-discussed, it is still not well-understood. This paper seeks to remedy this problem. I begin by showing, against some recent commentators, that McMahon’s view and …

Essays In Real Estate Securities And Financial Institutions, Zifeng Feng

FIU Electronic Theses and Dissertations

This dissertation consists of three essays that examine aspects of real estate securities and financial institutions.

The first essay examines the relations between Real Estate Investment Trust (REIT) efficiency and operational performance, risk, and stock return. REIT-level operational efficiency is measured as the ratio of operational expenses to revenue, where a higher operational efficiency ratio (OER) indicates a less efficient REIT. For a sample of U.S. equity REITs, operational performance, measured by return on assets as well as return on equity, is negatively associated with previous-year operational efficiency ratios. Results further show that more efficient REITs have lower levels of …

Understanding The Operating Landscape Of The Global Airline Industry: A Dea Integrated Alternating Conditional Expectation Approach, Joyce M. W. Low, Kum Khiong Yang

Research Collection Lee Kong Chian School Of Business

Purpose: This study investigates the relationships between service efficiency in 5 major cost centres (namely, business orientation, network coverage, physical resources, maintenance, repair and overhaul (MRO), and human resources) and profitability in the global airline industry. Design/methodology: The study integrates the Slack-based Model (SBM) of Data Envelopment Analysis (DEA) with the Alternating Conditional Expectation (ACE) regression to understand the relationships between an airline’s profitability and its efficiencies in 5 identified operations areas. Findings: Based on the observational data obtained from 75 international airlines, the relationships between operational performances and profitability are found to be curvilinear and contingent on an airline’s …

University Technology Transfer Efficiency In A Factor Driven Economy: The Need For A Coherent Policy In Egypt, Hala Elhadidi, David A. Kirby

Business Administration

The article examines the effectiveness of instruments to promote technology transfer and foster entrepreneurial innovation in Egypt where there are individual measures but no com- prehensive, unified policy or strategy to promote the transfer and commercialisation of the intellectual property stemming from university research. The study examines the extent of technology transfer in the country and the effectiveness of the various existing measures through a four-phase investigation involving in-depth interviews with experts, a question- naire survey of 400 Egyptian Science, Engineering and Technology academics, three case studies of Technology Transfer Offices and a 237 respondent industry survey. The results indicate …

A Data Envelopment Analysis Of West Virginia School Districts, Eduardo Minuci, Amir B. Ferreira Neto, Joshua Hall

Faculty & Staff Scholarship

West Virginia schools are consistently below the national average on the National Assessment of Educational Progress. Using Data Envelopment Analysis, we estimate the technical efficiency of West Virginia school districts. We find less variation in technical efficiency in West Virginia than in similar studies conducted in other states. This appears to be because of state policy imposing homogeneity of input usage. Due to the limited variation in technical efficiency across districts, we cannot analyze how non-school inputs such as socioeconomic factors affect technical efficiency across districts. Summary statistics organized by county economic status, however, suggest that socioeconomic status plays a …

Climate Risks And Market Efficiency, Harrison Hong, Frank Weikai Li, Jiangmin Xu

Research Collection Lee Kong Chian School Of Business

Climate science finds that the trend towards higher global temperatures exacerbates the risks of droughts. We investigate whether the prices of food stocks efficiently discount these risks. Using data from thirty-one countries with publicly-traded food companies, we rank these countries each year based on their long-term trends toward droughts using the Palmer Drought Severity Index. A poor trend ranking for a country forecasts relatively poor profit growth for food companies in that country. It also forecasts relatively poor food stock returns in that country. This return predictability is consistent with food stock prices underreacting to climate change risks.

Estimation Of Cost Efficiency Without Cost Data, Levent Kutlu, Ran Wang

Economics and Finance Faculty Publications and Presentations

One of the advantages of conduct parameter games is that they enable estimation of market power without total cost data. In line with this, we develop a conduct parameter based model to estimate the firm specific “marginal cost efficiency” and conduct without using total cost data. The marginal cost efficiency is an alternative measure of efficiency that is based on deadweight loss. We illustrate our methodology by estimating firm-route-quarter specific conducts and marginal cost efficiencies of U.S. airlines for Chicago based routes without using route-level total cost data.

Leveraging Academic Partnerships To Improve Logistics At Nonprofit Organizations, Andrew S. Manikas, James R. Kroes, Thomas F. Gattiker

IT and Supply Chain Management Faculty Publications and Presentations

This article presents the results of a partnership between a nonprofit organization and a team of academic researchers that developed a low-cost spreadsheet-based tool that allows organizations to effectively schedule vehicle operations. Specifically, the tool (1) handles the real-world constraints present in moderately complex logistics environments; and (2) uses general computing hardware and software that is already deployed in most organizations, thereby rendering the solution radically low cost (effectively free). We deployed this tool to a humanitarian organization, the Idaho Foodbank, which realized a substantial improvement in its fleet efficiency and a corresponding reduction in route-planning time. The methodology used …

Green Markets: An Experimental Analysis Of Technology And Policy, Nick Busko, Matthew J. Mcmahon

Economics & Finance Faculty Publications

This paper compares the effects of technology innovation and pricing policy in green markets on the provision of the public good. We extend the standard model of impure public goods to draw a distinction between green goods and green services, which are both subsets of impure goods. The motivating example of a green good with a price policy is a consumer installing a subsidized solar panel on her roof, while that of a green service is a consumer paying a surcharge for green electricity generated by her utility company. Experimentally, subjects face several sequential allocation decisions designed to mirror the …

Nevada Gaming Revenue: A Comparative Analysis Of Slots And Tables, Scott Boylan

Occasional Papers

Throughout much of its existence, Nevada’s gambling industry has been dominated by table games. Historically, slot machines were of secondary importance because they did not generate much revenue and were costly to maintain and operate. Starting in the late 1970s, a series of technological milestones improved the form and function of slot machines, and fueled replacement cycles on casino floors. Nevada gaming revenue data provides evidence of the economic effects of these improvements. Since 1984, slots generally have produced larger revenue gains than tables, although those gains are distributed neither uniformly over time nor across gaming markets. In addition, slots …

Comparative Efficiency Study Between Islamic And Traditional Banks, Mohamed Rashwan, Heba Ehab

Business Administration

Islamic banking caught attention due to its resilience to the significant shocks that hit the economy in late 2008. This research aims to evaluate the efficiency of a sample of 66 banks including both Islamic and traditional banks in various countries ranging from Egypt, Pakistan, Bangladesh, Saudi Arabia, Kuwait, Qatar, Iraq, Emirates, Sudan, Turkey, Bahrain and Jordan throughout 2009-2014. This research aims at identifying which banking regime proves to be more efficient and its significance using Financial Ratio Analysis (FRA), composed of cost efficiency, revenue efficiency and profit efficiency ratios along with the One-way ANOVA test. The impact of efficiency …

Examining The Relationship Between Customer Service, Efficiency And Financial Performance: An Application On The Egyptian Public Sector Banks, Madiha Metawie, Dalia Ahmed Elmosalamy

Business Administration

A sound, well-functioning banking system has an essential role in the economic development and sustained growth of any country. Egypt has faced two unexpected shocks; the global financial crisis at the end of 2008 and the recent 2011, January revolution. The Egyptian banking system in general and public banks in specific have shown resilience to the unexpected shocks in terms of solvency and liquidity. This study is important, examining the banking sector in an emerging Arab market that is rarely studied despite its growth potential and in a period of rapid political and economic changes. It tends to investigate empirically …

The Efficiency And Productivity Analysis Of Large Logistics Providers Services In Korea, Sunchon National University, Yong Joo Lee

Finance and Supply Chain Faculty Scholarship

In the fierce competition at the global logistics markets, Korean logistics providers were deemed more vulnerable than global logistics providers in terms of the quality and price competitiveness. To strengthen their competitiveness, logistics providers in Korea have focused on delivering integrated logistics services. In this regard, the Korean government has enacted the “Integrated Logistics Industry Certification Act” in 2006 to assist integrated logistics providers to offer logistics services based on their specialization and differentiation. It has been several years since the system was implemented, and the evaluation of the system implementation was necessary. Hence, in our study, we attempt to …

Slides: Food Production: Technical Challenges In Agricultural Water Conservation, Perry Cabot

Innovations in Managing Western Water: New Approaches for Balancing Environmental, Social and Economic Outcomes (Martz Summer Conference, June 11-12)

Presenter: Dr. Perry Cabot, Research Scientist and Extension Specialist, Colorado Water Institute, Colorado State University

35 slides

Bank Ownership And Efficiency In Post-Conflict Era Of Sri Lanka: Evidence From Aggregate Efficiency Technique, Bolanda Hewa Thilakaweera, Charles Harvie, Amir Arjomandi

Faculty of Business - Papers (Archive)

Deviating from conventional methods in comparing the group performance of banks this study extends the established literature to compare efficiency between foreign and domestic banks, by employing comprehensive weighted aggregate efficiency measures derived through bootstrap simulations for the banking sector for the post - confli ct era of Sri Lanka. The study also compares the banking sector performance between initial and later parts of the post - conflict period, using weighted aggregate efficiency measures. At the end of the armed conflict between LTTE 1 and Sri Lankan government forces the banking sector experienced considerable expansion in terms of banking density …

Framing A Purpose For Corporate Law, William W. Bratton

All Faculty Scholarship

This article seeks to frame a short statement of purpose for corporate law on which all reasonable observers can agree. The statement, in order to succeed at its intended purpose, must satisfy two strict conditions: first, it must have enough content to be meaningful; second, it must be completely uncontroversial, both descriptively and normatively. The exercise, thus described, involves avoiding the issues that occupy center stage in discussions about corporate law while at the same time highlighting the discussants’ generally held presuppositions. Three closely interconnected issues arise. First, whether the statement of the purpose of corporate law should speak in …

The Effects Of Offshoring On Judgment Quality In A Management Accounting Task, Daniel D. Selby

Accounting Faculty Publications

This study investigates the effects of offshoring on judgment quality in a management accounting context (i.e., capital budgeting). The effects of offshoring on judgment quality are understudied and might explain the ineffective and inefficient use of information in offshoring arrangements (Srikanth and Puranam, 2011). A 3x2 between-subject experiment was conducted where participants were assigned to one of three experimental conditions: onshore team, offshore team, or no team. Two dependent variables were measured for judgment quality: effectiveness and efficiency. My results suggest that offshoring may have detrimental effects on efficiency. However, I also find that offshoring does not affect effectiveness.

Toward A Biblical Theology Of Efficiency, Michael E. Cafferky

Faculty Works

This paper examines operational efficiency from a biblical theology perspective. The paper describes operational efficiency in contemporary terms and considers six categories of constraints on efficiency. In pursuing its purpose, the paper reviews six relevant biblical themes including: God's character, creation, covenant, shalom, blessing, and fruitfulness. Five biblical instrumental values and virtues describe how efficiency is to be achieved: truth, wisdom, prudence, usefulness, and stewardship. The biblical theme of agricultural yield provides an illustration of the instrumental virtues and values by which workers achieve and measure efficiency.

Free Markets With Caritas: A Transformational Concept Of Efficiency, Bruce D. Baker

SPU Works

The logic of caritas transforms conventional concepts of economic efficiency in a direction conducive to the health and sustainability of a market system, by distinguishing between economic activities which are additive or extractive toward the common good. The beneficent power of the market to serve human flourishing is based not in a morally tacit concept of economic efficiency as a cardinal good, but rather in a gift-bearing efficiency aligned with caritas. This thesis is explored through three business case studies: (1) patents related to pharmaceutical drug design and marketing; (2) “monetization” strategies in recent internet-based business models; and (3) …

The Economic Impact Of Stadia And Teams: The Case Of Minor League Baseball, Nola Agha

Sport Management

This paper uses an extensive unique dataset to investigate the justification of government subsidies for minor league baseball teams and stadiums by measuring pecuniary gains in a local economy. Specifically, a dynamic panel data model incorporating 238 Metropolitan Statistical Areas that hosted affiliated or independent minor league teams between 1985 and 2006 shows that AAA teams, A+ teams, AA stadiums, and rookie stadiums are all associated with significant positive effects on the change in local per capita income. The presence of positive effects is strikingly different from decades of non-positive results at the major league level.

Diagnosis Related Groups In Europe: Moving Towards Transparency, Efficiency, And Quality In Hospitals?, Reinhard Busse, Alexander Geissler, Ain Aaviksoo, Francesc Cots, Unto Hakkinen, Conrad Kobel, Céu Mateus, Zeynep Or, Jacqueline O'Reilly, Lisbeth Serden, Andrew Street, Siok Swan Tan, Wilm Quentin

Faculty of Business - Papers (Archive)

No abstract provided.

Thai Manufacturing Small And Medium Sized Enterprise Technical Efficiency: Evidence From Firm-Level Industrial Census Data, Teerawat Charoenrat, Charles Harvie, Yot Amornkitvikai

Faculty of Business - Papers (Archive)

Thai manufacturing small and medium sized enterprises (SMEs) face intense competition in domestic and foreign markets. Given their importance to the economic development of the country it is important to have a clear understanding of their readiness to face the rigors of international competition, including the barriers and specific problems that they face. This study uses a stochastic frontier analysis (SFA) and technical inefficiency effects model to analyze the technical efficiency of Thai manufacturing SMEs and key factors impacting upon it. Analysis of cross-sectional data from a 2007 census of Thai manufacturing SMEs indicates that their weighted average technical efficiency …