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Full-Text Articles in Education

Minerva 2006, The Honors College Dec 2006

Minerva 2006, The Honors College

Minerva

This issue of Minerva includes an article on the course "Honors for All Ages," an Honors course offered at Penobscot Valley Senior College; an interview with notable Honors alum, Bernard Lown; and a celebration of the life of former Honors Program Director, Ulrich Wicks.


The New Division Of Labor In Massachusetts, Daniel Georgianna, Corinn Williams Oct 2006

The New Division Of Labor In Massachusetts, Daniel Georgianna, Corinn Williams

New England Journal of Public Policy

In The New Division of Labor, Levy and Murnane describe a world of work re-shaped by computers where workers whose jobs can be reduced to steps based on rules are replaced, and where jobs that require judgment or negotiation are enhanced. The authors test the hypothesis of Levy and Murnane’s work with a close look at Fall River and New Bedford. These cities, with high unemployment and low rates of educational attainment, show patterns of job replacement by computers as compared with Massachusetts as a whole — a wealthy state with high rates of education, which shows a pattern of …


Editor's Note, Padraig O'Malley Oct 2006

Editor's Note, Padraig O'Malley

New England Journal of Public Policy

The editor's note at the beginning of this journal briefly speaks about each article within. The author touches upon learning, the challenges to an education, the effects of the growth of technology, how world politics interfere with economy, and how employment is affected by technology.


Searching For The Holy Grail Of International Education: Feedback From Hospitality Management Study Abroad Participants, Hubert B. Van Hoof Jan 2006

Searching For The Holy Grail Of International Education: Feedback From Hospitality Management Study Abroad Participants, Hubert B. Van Hoof

Hospitality Review

This article reports on a study done among hospitality management students who participated in study abroad programs between January 2001 and May 2003. The participants in the study were both incoming students to the US and outgoing students from the US. The study investigates, among other things, why they had decided to study abroad, why they had selected a particular institution, how their home institution compared to the partner institution abroad, and what they perceived to be the benefits and relevance of their international experiences. It was found that respondents were generally very positive about the study abroad experience. Some …


Cover, Front Matter & Editorial Board Jan 2006

Cover, Front Matter & Editorial Board

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

No abstract provided.


Determinants Of Option Spreads In A Multiple Listing Environment, Rebecca Abraham, Charles Harrington Jan 2006

Determinants Of Option Spreads In A Multiple Listing Environment, Rebecca Abraham, Charles Harrington

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This study empirically determined the predictors of bid-ask spreads of equity options within the context of the current multiple-listed options market. Price emerged as the most powerful predictor followed by multiple listing. Price and volatility increased spreads, while multiple listing and volume reduced them. Multiple listing was more powerful than volume in explaining spreads. This study establishes that spread reductions prevail several years after initial multiple listing and supports the importance of competition over economies of scale in explaining spreads.


Empirical Study Of Public Bureaucratic And Private Non-Profit Organizations And The Adoption Of A Market Orientation, Leslie Tworoger, Thomas Tworoger Jan 2006

Empirical Study Of Public Bureaucratic And Private Non-Profit Organizations And The Adoption Of A Market Orientation, Leslie Tworoger, Thomas Tworoger

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

The purpose of this study was to investigate the relationship between the uses of power bases by leaders of private non-profit organizations and leaders in a bureaucratic governmental organization and the adoption of a market orientation by the firm. The study was conducted on a state bureaucracy and the corresponding newly privatized agency taking over the developed services. Today, in till attempt to make government bureaucracies more efficient and economical, there is a major shift in governmental services to the private non-profit sector (O'Connell, 1996; Rosenthal, 2000; Alexander, 2000). These private agencies are expected to employ more business-like methods (Alexander, …


Escalating Commitment To Failing Financial Decisions: Why Does It Occur?, John Morgan, James Hansen Jan 2006

Escalating Commitment To Failing Financial Decisions: Why Does It Occur?, John Morgan, James Hansen

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Research indicates inappropriate escalation of commitment to apparently failing decisions occurs in many areas of life. Examples include doubling-up blackjack bets to recover losses, the too lengthy Vietnam War debacle, and the tendency to continue with financial investments long after they appear to be failing. What motivates such behavior? Two theories presently compete as major explanations for this behavior: the self-justification theory and the prospect theory. This paper compares the two theories to determine which theory better predicts escalation behaviors within au un-confounded and unambiguous context. The research is motivated by the belief that understanding why people escalate is prerequisite …


Entrepreneur- Investor Negotiations: Investigating The Power Gap, Karen Page, Robert Sprague Jan 2006

Entrepreneur- Investor Negotiations: Investigating The Power Gap, Karen Page, Robert Sprague

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Federal Securities Laws are designed to ensure that investors are provided with sufficient information to make an informed investment. These Laws presume that investors are relatively naive and powerless compared to the relatively sophisticated and powerful sellers of securities. In the new venture arena, however, it is often the case that sellers, the entrepreneurs, are relatively naive and powerless compared to the investors, who tend to be expert in venture finance. This paper explores these heretofore unexamined power imbalances and presents attributes of the entrepreneurs and their resources that may affect entrepreneurs' ability to negotiate with venture capitalists.


Neohumility And Business Leadership: Do They Belong Together?, Pareena Lawrence Jan 2006

Neohumility And Business Leadership: Do They Belong Together?, Pareena Lawrence

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This article looks at commonly accepted and newly emerging ideas of effective leadership in the literature. One such quality that has recently emerged in the discourse on leadership is "humility." Humility has traditionally been associated with weakness and even seen as antithetical to the leader persona. This article suggests a new view of humility, "neohumility," humility without weakness and transformed to fit the business world. It operationalizes the definition of neohumility and includes characteristics such as self-awareness, valuing others' opinions, willingness to learn and change, sharing power, having the ability to hear the truth and admit mistakes, and working to …


Transformational Mentoring: What Role Does Mentoring Play In The Development Of Transformational Leaders?, Lynda St. Clair, Ronald Deluga Jan 2006

Transformational Mentoring: What Role Does Mentoring Play In The Development Of Transformational Leaders?, Lynda St. Clair, Ronald Deluga

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper introduces the concept of "transformational men to ring," an alternative to traditional mentoring, as a tool for developing transformational leaders. Transformational mentoring differs from traditional mentoring in its emphasis on risk-taking rather than refuge-seeking and its encouragement of self-sacrifice rather than self-promotion. Our conceptual model identifies key mentor actions, anticipated mediators, and expected outcomes of the transformational mentoring process. We argue that current organizational leaders will need to address both cultural and structural barriers to transformational mentoring if they wish to support the development of future transformational leaders in their organizations.


Polychronic Leader: What Would Leadership Research Look Like If We Considered Polychronicity?, David Palmer Jan 2006

Polychronic Leader: What Would Leadership Research Look Like If We Considered Polychronicity?, David Palmer

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper proposes that research in the area of leadership would be enriched and enhanced by the explicit consideration of temporal variables, specifically polychronicity. Effective leadership involves engagement with multiple tasks, activities, and constituencies, often simultaneously. As a construct concerned with multiple task engagement and time use preferences, polychronicity is ideally situated to inform future research studies conducted to investigate a variety of extant leadership theories and traditions.


Leadership Effectiveness: A "New" Integrative Leadership Model, Raj Selladurai Jan 2006

Leadership Effectiveness: A "New" Integrative Leadership Model, Raj Selladurai

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

What makes an executive effective? Are effective executives born with some unique abilities and skills? Or do they learn and practice some special strategies that make them superior? This paper explores whether effective executives are born or made, and analyzes some leadership studies done over the years. Also, it suggests an integrative model of effective leadership that organizations may use to develop and enhance better leaders and that individuals may use to improve their organizational leadership.


Continuing Confusion -Are Managers And Leaders Different?, David Curtis Jan 2006

Continuing Confusion -Are Managers And Leaders Different?, David Curtis

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper revisits the debate about whether managers and leaders are different It notes the assertion that managers do things right and leaders do the right thing. The paper, then, examines the discussions provided in the leadership literature, and the experiences described by successful executives to test the validity of the previously described claim. Also, this paper provides an alternative view that managing and leading are not as different as commonly asserted.


Using Executive Coaching As A Tool For Personal And Professional Leadership Development Within Business School Education, Stephen Brock, Deborah Roebuck, Janice Barrow Jan 2006

Using Executive Coaching As A Tool For Personal And Professional Leadership Development Within Business School Education, Stephen Brock, Deborah Roebuck, Janice Barrow

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper reflects what has been learned in using Executive Coaching as fill educational method within an Executive MBA program. Students work in a one-on-one coaching relationship throughout the program. This paper presents a rationale for such an educational method, examines the nature of executive coaching, and introduces a model of coaching used in the program. The article provides lessons learned in creating and implementing this executive coaching program as a tool to develop students as leaders. It concludes with some thoughts regarding executive coaching as an educational method for personal and professional leadership development.


Making The Decision To Outsource A Service Department: Who Should Deliver Internal Audit Services?, Hubert Glover, Jeffrey Mcmillan, Jean Wells Jan 2006

Making The Decision To Outsource A Service Department: Who Should Deliver Internal Audit Services?, Hubert Glover, Jeffrey Mcmillan, Jean Wells

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

The 2001-2003 wave of financial fraudulent reporting, aggressive earnings management, and overall management integrity issues highlight the important role that an internal audit function can have in protecting organizations and demonstrate how important it is that internal auditors operate with independence and objectivity. This paper highlights the issues organizations face when contemplating the internal audit outsourcing market. The illustrative materials provide exposure to the strategic, analytical, financial and operational decisions involved with retaining or outsourcing a corporate internal audit department.


Capstone Approach For Teaching Financial Instruments In Intermediate Financial Accounting, Konrad Gunderson Jan 2006

Capstone Approach For Teaching Financial Instruments In Intermediate Financial Accounting, Konrad Gunderson

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Since the release in 2003 of Statement of Financial Accounting Standard 150 (SFAS150), accounting for certain financial instruments with characteristics of both liabilities and equity, intermediate accounting textbooks now include mandatorily redeemable preferred stock (MRPS) as a financial instrument requiring liability classification. MRPS is not legal debt in the traditional sense, but is classified as debt because its characteristics make it essentially equivalent to debt. This paper presents a series of teaching modules which, building on standard coverage of long-term debt and contributed capital, are designed to increase students' understanding of the essential characteristics of financial instruments. Completion of the …


Using Spreadsheet-Based Simulation To Evaluate The Fairness Of The Usga Golf Handicap Index, Andrew Tiger, Kashif Ur-Rehman, Chandra Hurst Jan 2006

Using Spreadsheet-Based Simulation To Evaluate The Fairness Of The Usga Golf Handicap Index, Andrew Tiger, Kashif Ur-Rehman, Chandra Hurst

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Using spreadsheet-based simulation, the USGA Handicap Index was shown to be an unfair statistic in one-on-one and team competition in two common types of scoring: stroke and match play. Experiments were developed in which players of different abilities (based on central tendency and variation) competed against each other over many trials. The results showed that in some situations, based on identifiable differences in abilities, some players won/lost a disproportionate (unfair) number of times. The causes of unfairness are different in one-on-one and team play. Alternative procedures were proposed that proved to reduce the unfairness of the index.


Cover, Front Matter & Editorial Board Jan 2006

Cover, Front Matter & Editorial Board

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

No abstract provided.


Comprehensive Audit Of The Criteria Used For Scoring Applicants For Consumer Credit, Joel Jolayemi, Linda Carr Jan 2006

Comprehensive Audit Of The Criteria Used For Scoring Applicants For Consumer Credit, Joel Jolayemi, Linda Carr

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper presents a comprehensive audit of the criteria used for scoring applicants for consumer credit. The audit consists of two parts: the first part focuses on the criteria used in customized models, while the second part deals with those used in Fair-Isaac and Co (FICO) or generic models. This paper shows that most of the sets of criteria variables used in lending institutions and in literature are poorly selected and poorly defined.


Effect Of Outcome Knowledge On Repeated Performance Evaluations, Russell Calk, Maryanne Mowen Jan 2006

Effect Of Outcome Knowledge On Repeated Performance Evaluations, Russell Calk, Maryanne Mowen

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Outcome information has been shown to have a significant impact on performance evaluations in a wide variety of decision settings. Studies of outcome effects on performance evaluation typically examine a one-time decision. Often, however, managers must repeatedly evaluate performance. This study examines how outcome information affects the revision of multiple performance evaluations over time. The results have important implications for research into the sensitivity of evaluators to the sequence of the receipt of positive and negative information. Implications of these results for performance evaluation in multiple areas of business are discussed.


Personality Approach To Person-Organization Fit: Applying Holland's Theory Of Vocational Choice At The Organizational Level, G. Stoney Alder Jan 2006

Personality Approach To Person-Organization Fit: Applying Holland's Theory Of Vocational Choice At The Organizational Level, G. Stoney Alder

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Researchers frequently recommend that organizations consider person-organization fit when making hiring decisions. The purpose of this paper is three fold. First, the paper provides a review of existing research on person-organization fit. This review concludes that several limitations hinder the usefulness of current approaches to person-organization fit. Second, this paper seeks to address these limitations through a conceptual analysis that integrates research on vocational choice with person-organization fit research. The result is an approach to person-organization fit that may be more readily applied by organizations. Finally, the paper suggests a process for empirically testing the proposed approach to person-organization fit.


Leading The Virtual Organization: Success Strategies, Management Practices, And Skills, Stephen Stumpf, James Klingler Jan 2006

Leading The Virtual Organization: Success Strategies, Management Practices, And Skills, Stephen Stumpf, James Klingler

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Virtual organizations have inherent strengths and weaknesses relative to traditional organizational forms. Their success depends heavily on the leaders of the organization leveraging these strengths, and not letting the weaknesses threaten the organization's survival. We explore the character of virtual organizations and propose a value proposition as to why individuals seek employment in such organizations. We then examine several business strategies and management practices that have helped virtual organizations to succeed. Six leadership skills are discussed that the leaders of virtual organizations indicate are critical to their business success.


Board Composition And Control: An Exploratory Analysis Of Organizational Crisis And Prevention, William Donoher Jan 2006

Board Composition And Control: An Exploratory Analysis Of Organizational Crisis And Prevention, William Donoher

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Despite extensive scholarship on the subject of board control, the scandals of recent years suggest the need to revisit our assumptions - and our theories - regarding alternative board control mechanisms. This study uses an exploratory factor analysis comparing firms that successfully or unsuccessfully avoided governance failure and the onset of crisis to assess the consistency of board structures. Results indicate that there is some consistency among the successful firms, but that in genera/no common structural form can be linked to either success or failure. Thus, general rules cannot be relied upon, and a context specific approach to governance should …


Impact Of Subordinate Threats On Leaders' Pay Allocation Decisions, Mark Fulford Jan 2006

Impact Of Subordinate Threats On Leaders' Pay Allocation Decisions, Mark Fulford

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

In many different context within organizations today, attempts are made by direct reports to influence the decisions of their leaders. In no context does the resulting decision hit closer to home for a direct report than those related to the allocation of pay raises. Under what conditions are attempts by direct reports to influence their leaders' pay allocation decisions most effective? Wit at effect does a threat by the subordinate have on the leader's decision? Does the severity of the threat used matter? In an attempt to answer these questions, a study was conducted of leaders' pay allocation decisions under …


Organizational Conflict: Strategy, Leadership, Resolution Framework, And Managerial Implications, Ashford Chea Jan 2006

Organizational Conflict: Strategy, Leadership, Resolution Framework, And Managerial Implications, Ashford Chea

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This paper examines the concept, nature and characteristics of organizational conflict, and presented the relevant theoretical framework that serves as the conceptual foundation for his analyses, analyzes the sources of organizational conflict, discusses the role of leadership styles in managing organizational conflict, reviews models of conflict management strategies, and offers a framework for au effective functional conflict resolution system in organizations and outlined the implications for managers.


Treachery And Betrayal- An Analysis Of The Modern Fiduciary Behavior Of Corporate Directors And Management- The Need For Schooling In The Business Ethics Of Tomorrow, Gregory Huckabee Jan 2006

Treachery And Betrayal- An Analysis Of The Modern Fiduciary Behavior Of Corporate Directors And Management- The Need For Schooling In The Business Ethics Of Tomorrow, Gregory Huckabee

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This article examines the fiduciary relationship between corporate officers and directors, and the shareholders they serve. In recent years, the breakdown of the fiduciary relationship and the failure of the corporate model have received much attention, as the headlines of Wall Street's endless fiduciary scandals adequately illustrate. What is the root of this failure, and what, if anything, are the remedies? Case analysis will demonstrate the pandemic problem involving fiduciary responsibility, demonstrating the need for reform. This review will identify systemic corporate fiduciary weaknesses and underlying causes. Recommendations for change to alleviate fiduciary failure will be discussed, with focus placed …


Employee Retirement Education Programs: An Important Part Of Corporate Social Responsibility, Tim Reisenwitz, Lauren Skinner, Leonard Weld Jan 2006

Employee Retirement Education Programs: An Important Part Of Corporate Social Responsibility, Tim Reisenwitz, Lauren Skinner, Leonard Weld

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

Corporate social responsibility (CSR) is becoming increasingly important to organizations wishing to create a sustainable competitive advantage by attracting quality employees. The focus of this paper is to offer a framework for organizations to create CSR internally using relationship marketing principles. The framework for this propositional development is employee retirement options. The authors discuss the decline of the defined benefit pension plan, the increase in 401 (k) retirement plans, and the issues facing employees. Suggestions are offered regarding how organizations can create employee loyalty and improve corporate social responsibility within their organization by educating employees on their various retirement options.


Determinants Of Managerial Career Attainment: Student Perceptions And Organizational Realities, Amy Hurley-Hanson, Cristina Giannantonio, Jeffrey Sonnenfeld Jan 2006

Determinants Of Managerial Career Attainment: Student Perceptions And Organizational Realities, Amy Hurley-Hanson, Cristina Giannantonio, Jeffrey Sonnenfeld

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

This study explored the perceptions of managerial career attainment of graduating MBA students and compared them to previous research on the actual determinants of career attainment. Results suggest that students did seem to have a good grasp of which determinants are important to managerial career attainment. Business school faculty are encouraged to prepare MBA students for the organizational realities that they will likely experience during their careers.


Drawing On Peer Evaluation Studies To Manage The Classroom, Roger Putzel Jan 2006

Drawing On Peer Evaluation Studies To Manage The Classroom, Roger Putzel

Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012)

As global competition flattens hierarchies, management strives for productivity by delegating responsibility, notably including evaluation, to employees. Preparing generally apathetic students for this environment, teachers can manage classes in the same way. Traditional, hierarchical evaluation faces structural, managerial, and psychological difficulties. Peer evaluation, although reliable and valid, must additionally overcome peer group solidarity. Evaluators dread assigning low ranks because no one likes being below average. Peer evaluation challenges students and engages them in a work culture of distributed responsibility.