Business Commons^™

Initial Technical Violations Of Debt Covenants And Changes In Firm Risk, Neil L. Fargher, Michael S. Wilkins, Lori M. Holder-Webb

School of Business Faculty Research

The purpose of this paper is to investigate whether initial technical debt covenant violations are associated with significant increases in the equity risk of violating firms. Our results indicate that first-time violations are associated with significant increases in both systematic and unsystematic risk. The increase in systematic risk is attributable primarily to rising levels of financial leverage as opposed to changes in the underlying asset beta. We also find that the change in unsystematic risk experienced by first-time debt covenant violators is a significant predictor of future exchange delisting, even after controlling for other factors typically associated with increasing financial …

Rollins College Endowment Fund Pool: Evaluation And Proposed Changes [2001], Martin Bel, Alexandre Mohring, Darian Reeves, Ivette Sanchez

Crummer Truist Portfolios

No abstract provided.

Berle And Means Reconsidered At The Century's Turn, William W. Bratton

All Faculty Scholarship

No abstract provided.

Power, Politics And Manipulative Behaviour, Renu Luthra

Management Dynamics

No abstract provided.

A Review Of Government Policy Towards Internet Service Providers In India, M. P. Gupta

Management Dynamics

No abstract provided.

Role Of Technology In Manufacturing Units, Ankur Agrawal

Management Dynamics

No abstract provided.

Changes In Business- Consumer Interaction In The E-Business World, Sushil K. Sharma, Monica Mittal

Management Dynamics

No abstract provided.

Electronic Commerce, Framework, Opportunities And Risks, Bharat Bhaskar

Management Dynamics

No abstract provided.

Economic Justification For Computer Integrated Manufacturing Systems Using Break-Even Analysis, Dheeraj Misra, M. K. Tiwari, R. P. Mohanty

Management Dynamics

No abstract provided.

Exploring Marketing Synergies In Mergers & Acquisitions, Kavita Pathak

Management Dynamics

No abstract provided.

Corporate Governance, R. N. Agarwal

Management Dynamics

No abstract provided.

Executive Behaviour At Work: Relationship With Locus Of Control, Shallendra Singh

Management Dynamics

No abstract provided.

Transitioning Towards A 'Paperless' Office, Jayant Krishna

Management Dynamics

No abstract provided.

An Experimental Study Of Circuit Breakers: The Effects Of Mandated Market Closures And Temporary Halts On Market Behavior, Lucy Ackert, Bryan K. Church, Narayanan Jayaraman

Faculty and Research Publications

This paper analyzes the effect of circuit breakers on price behavior, trading volume, and profit-making ability in a market setting. We conduct nine experimental asset markets to compare behavior across three regulatory regimes: market closure, temporary halt, and no interruption. We find that the presence of a circuit breaker rule does not affect the magnitude of the absolute deviation in price from fundamental value or trading profit. The primary driver of price behavior is information. By comparison, trading activity is significantly affected by the presence of a circuit breaker. Market participants advance trades when a trading interruption is imminent.

An E-Commerce Systems Integration Framework, Ernest A. Capozzoli, Sheb L. True

Faculty and Research Publications

The success of e-commerce activity is directly affected by system integration efforts associated with traditional back office and web-based systems. The potential benefits of enterprise-wide e-commerce activities to an organization emphasize the need for system integration beyond individual sales transactions. Unfortunately, many organizations are not capitalizing on the synergistic advantages of integrated systems. Despite the apparent lack of integration, some organizations are attempting to coordinate such customer activities. Planning for and integrating e-commerce technologies are essential to an organization's survival.

Local Television Journalism: Developing Ethics Through Discussion, Chris W. Allen, Jeremy Harris Lipschultz, Michael L. Hilt

Communication Faculty Publications

The purpose of this paper is to examine the views of local television news producers about ethical policies and situations they face. A majority of respondents agreed that it was important for a television newsroom to have a code of ethics or discussion of ethics in the newsroom. Most often producers perceived that their newsrooms were involved in discussions of fairness, balance, and objectivity; allocating air-time to opposing interest groups or political candidates; and, providing right of reply to criticism. Producers support a written code of ethics, or occasional discussion of ethics in the television newsroom, but see the competitive …

Portfolio Recommendations - Crummer Suntrust Investment Portfolio 2001, Thilo Hoffman, Bryan Rich, Andy Wilkinson

Crummer Truist Portfolios

No abstract provided.

The Impact Of Country Image Effects On The Perceived Quality Of Selected Brands Of Air Conditioner Marketed In Hong Kong, Lai Nga, Sharon Liu, Yiu Fai, Terry Chau

Bachelor Degree - Marketing - Final Year Project

No abstract provided.

2001 April, Office Of Communications & Marketing, Morehead State University.

Morehead State Press Release Archive, 1961 to the Present

Morehead State University press releases for April of 2001.

Fundamental Approach To Exchange Rate Modeling: Toward An Augmented Theory Of Purchasing Power Parity, Jianzhou Zhu

Doctoral Dissertations

In this dissertation, I test the homogeneity and symmetry conditions of PPP by applying the Johansen multivariate cointegration methodology to quarterly data for six countries. I perform the tests in the framework of both a traditional version and an augmented version of PPP. The results of tests on the traditional version of PPP reveal that in all cases the theoretical PPP-vector [1, 1, −1] is not contained in the cointegrating space. This finding is consistent with that of existing literature and indicates the empirical failure of the homogeneity and symmetry conditions of PPP. However, when the traditional PPP is augmented …

Maximization Of Return On Capital Under The Life Insurance Risk-Based Capital Model, Brett Durbin

WWU Honors College Senior Projects

Under the law, insurance companies are subject to capital requirements, which are enforced by the state insurance commissioner. The reason that insurance companies are subject to capital requirements is to ensure their solvency in the case of adverse financial conditions, such as an unexpected increase in liability payments or credit events in their investments that decrease their interest revenues.

In order to establish capital requirements, the National Association of Insurance Companies (NAIC) created the Risk-Based Capital model. This model accounts for four main risk factors that face insurance companies. They are listed as follows: C-1 Asset Risk, C-2 Insurance Risk, …

Automatic Identification Of Time Series Features For Rule-Based Forecasting, Monica Adya, Fred Collopy, J. Scott Armstrong, Miles Kennedy

Management Faculty Research and Publications

Rule-based forecasting (RBF) is an expert system that uses features of time series to select and weight extrapolation techniques. Thus, it is dependent upon the identification of features of the time series. Judgmental coding of these features is expensive and the reliability of the ratings is modest. We developed and automated heuristics to detect six features that had previously been judgmentally identified in RBF: outliers, level shifts, change in basic trend, unstable recent trend, unusual last observation, and functional form. These heuristics rely on simple statistics such as first differences and regression estimates. In general, there was agreement between automated …

Aggregation, Auctions, And Other Developments In The Selection Of Lead Counsel Under The Pslra, Jill E. Fisch

All Faculty Scholarship

No abstract provided.

Assessor Training Strategies And Their Effects On Accuracy, Interrater Reliability, And Discriminant Validity, Filip Lievens

Research Collection Lee Kong Chian School Of Business

This study compares the effects of data-driven assessor training with schema-driven assessor training and control training. The sample consisted of 229 industrial and organizational psychology students and 161 managers who were randomly assigned to 1 of these training strategies. Participants observed and rated candidates in an assessment center exercise. The data-driven and schema-driven assessor training approaches outperformed the control training on all 3 dependent variables. The schema-driven assessor training resulted in the largest values of interrater reliability, dimension differentiation, and accuracy. Managers provided significantly more-accurate ratings than students but distinguished less between the dimensions. Practical implications regarding the design of …

Clark County School District: Bonds And Debt. Can They Be Divided Equally?, Jocelyn Izumigawa

UNLV Theses, Dissertations, Professional Papers, and Capstones

Clark County School District is one of the largest school districts in the nation with a student population of 203,616 for 1998-1999. Talk of deconsolidating Clark County School District has been proposed by Assembly persons. However, as recent as November 2000, another initiative for deconsolidation and reconfigurations had not been approved by the voters. One of the issues surrounding deconsolidation is the district's bond debt. An equitable division has not been reached should Clark County School District deconsolidate. This paper deals with dividing the bond debt equally among eight districts (identified in an earlier study of deconsolidation) and assessing whether …

Nutty Guys: A Study Of Brand Image: A Marketing Research Project Presented To Nutty Guys, Anthony Davis, Christy Hecht, Bambi Meyers, Dane Poyfair

Student Works

Advantage Consulting has identified the following objectives in this report: 1. To identify and assess key characteristics of product packaging and display (in general and specifically for Nutty Guys) that are most likely to influence consumer purchasing decisions. 2. To identify customer preferences concerning nuts and dried fruits (in general and specifically for Nutty Guys), both in packaging and purchasing. 3. To determine the best ways for Nutty Guys to attract and secure new customers. Advantage Consulting comprised of Anthony Davis, Christy Hecht, Bambi Meyers, Dane Poyfair.

Controlling Adult Oriented Businesses In Norfolk, Virginia, 1943–1998: A Descriptive Case Study, Janet Gail Nicula

Theses and Dissertations in Urban Services - Urban Management

The purpose of this case study is to analyze methods used in the city of Norfolk, Virginia to control adult oriented businesses (AOBs). Evidence is derived from several sources: interviews, analysis of government records, documents, historical photographs, and current observations.

The research examines approaches taken by the city to control AOBs in three locations: Main Street-Granby Street, the north end of Hampton Boulevard, and Little Creek Road-Shore Drive. Research questions addressed (1) how AOBs in Norfolk were controlled, (2) what or who instigated the process, (3) the Navy's role in the process, (4) role of Norfolk Redevelopment and Housing Authority, …

2001 - The Sixth Annual Symposium Of Student Scholars

Symposium of Student Scholars Program Books

The full program book from the Sixth Annual Symposium of Student Scholars, held on March 30, 2001. Includes abstracts from the presentations and posters.

Lu Bookstore Will Triple In Size, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.

Mary Sivage Earns Prestigious Truman Award, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.