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Full-Text Articles in Social and Behavioral Sciences

Issues Relating To Designing A Work-Integrated Learning (Wil) Program In An Undergraduate Accounting Degree Program And Its Implications For The Curriculum, Indra Abeysekera Jan 2006

Issues Relating To Designing A Work-Integrated Learning (Wil) Program In An Undergraduate Accounting Degree Program And Its Implications For The Curriculum, Indra Abeysekera

Faculty of Commerce - Papers (Archive)

Work-integrated learning (WIL) programs are becoming popular with students, government, employers, and universities. A major benefit of a WIL program is the increased employability of students, and this matches well with the present trend whereby students expect a pay-off from their investment in education. Although WIL programs are more common in some profession-based undergraduate courses than others, they have not been frequently discussed in relation to accounting in the Australian context. This paper discusses issues related to designing a WIL program for an undergraduate accounting program in an Australian context. The importance of WIL programs in general is followed by …


A Time Series For Business Profitability In Twentieth-Century Australia, David Merrett, Simon Ville Jan 2006

A Time Series For Business Profitability In Twentieth-Century Australia, David Merrett, Simon Ville

Faculty of Commerce - Papers (Archive)

Australia has historical time series for a wide range of economic data covering most of the twentieth century. These include statistical information relating to national income, demography, prices, external trade, financial markets, and the government sector. However, we lack a long time series for business profits. We have calculations for some industries, especially banking, and national figures from 1985 using the IBIS database.


Sources Of Volatility In Australia's Export Prices: Evidence From Arch And Garch Modelling, Abbas Valadkhani, A. P. Layton, N. D. Karunaratne Mar 2005

Sources Of Volatility In Australia's Export Prices: Evidence From Arch And Garch Modelling, Abbas Valadkhani, A. P. Layton, N. D. Karunaratne

Faculty of Commerce - Papers (Archive)

Australia has one of the more volatile set of export prices among OECD countries. This paper examines the extent to which Australia’s export prices relate to the world prices using quarterly time-series data spanning the period 1969q4-2002q3. The empirical results based on dynamic least squares method show that Australia’s export prices are cointegrated with the global export prices. A short-term dynamic ARCH-in Mean model, which captures the time varying nature of price volatility, has been used to explain the growth rate of Australia’s export prices. It is found that (a) changes in Australia’s export prices are highly associated with systematic …


An Analysis Of The Output And Employment Conversion Matrices Of Australia’S Economy, Abbas Valadkhani, T. Robinson Mar 2005

An Analysis Of The Output And Employment Conversion Matrices Of Australia’S Economy, Abbas Valadkhani, T. Robinson

Faculty of Commerce - Papers (Archive)

Based on two snapshots taken from the Australian economy, this study quantifies the impacts of final demand aggregates on output and employment in various sectors using the 1989 and 1997 conversion matrices. The sectoral output and employment are linked with final demand deliveries in such a way that one can measure the impacts on changes in each component of aggregate demand, other components remaining unchanged, on output and employment. A comparison of the aggregate output and employment multipliers in 1989 to 1997 indicates that while the output multipliers have increased, the employment multipliers have declined. This means that through time, …


Multiple Structural Breaks In Australia's Macroeconomic Data: An Application Of The Lumbsdaine And Papell Test, Abbas Valadkhani, Allan Layton, Mosayeb Pahlavani Jan 2005

Multiple Structural Breaks In Australia's Macroeconomic Data: An Application Of The Lumbsdaine And Papell Test, Abbas Valadkhani, Allan Layton, Mosayeb Pahlavani

Faculty of Commerce - Papers (Archive)

This paper employs all available annual time series data to endogenously determine the timing of structural breaks for 10 macroeconomic variables in the Australian economy.


The Relocation Of The International Market For Australian Wool, Simon Ville Jan 2005

The Relocation Of The International Market For Australian Wool, Simon Ville

Faculty of Commerce - Papers (Archive)

The marketplace for Australian wool relocated from London to the Australian capital cities in the half century after 1880. This represented a major institutional shift that underpinned the development of the Australian economy and made Australia the centre of the international wool market. We analyse the principal demand and supply changes underlying this market shift. Consolidation of worsted manufacturing, demand diversification, improved transport and communications, Australian dominance of international wool production, and the growth of the small grazier shifted the relative market efficiency in favour of Australian auctions.


Asean+3 And Rtas And Their Impact On Asia-Australia Trade And Growth: Econometric Evidence From An Extended Gravity Theory, Van Hoa Tran Jan 2005

Asean+3 And Rtas And Their Impact On Asia-Australia Trade And Growth: Econometric Evidence From An Extended Gravity Theory, Van Hoa Tran

Faculty of Commerce - Papers (Archive)

No abstract provided.


Business Profitability And Structural Change In Interwar Australia, Simon Ville, David Merrett Jan 2005

Business Profitability And Structural Change In Interwar Australia, Simon Ville, David Merrett

Faculty of Commerce - Papers (Archive)

The Australian economy of the interwar period experienced noteworthy cyclical and secular trends. Severe cyclical fluctuations were associated with the international depression, often referred to as the ‘Great Slump’, which particularly afflicted Australia’s large traded sector, especially its cornerstone primary exporting industries. In the midst of this apparent dearth, however, came the ‘plenty’ of the initial stages of modernisation, which resulted from the broadening of the country’s economic base into new manufacturing industries. The general trends of economic activity are captured by national income data, while the expansion of particular industries has been contextualised by several authors, most notably Forster …


Structural Changes In Australia's Monetary Aggregates And Interest Rates, Abbas Valadkhani, Mosayeb Pahlavani Jan 2005

Structural Changes In Australia's Monetary Aggregates And Interest Rates, Abbas Valadkhani, Mosayeb Pahlavani

Faculty of Commerce - Papers (Archive)

This paper employs all quartley time series currently available to determine endogenously the time of structural breaks for three monetary aggregates, the long and short-tem interest rates as well as the consumer price index in Australia using the ZA (Zivot and Andrews, 1992) test and the LP (Lumsdaine and Papell, 1997) test.


On The Motivations Of Corporate Giving In Australia, John Cantrell Jan 2005

On The Motivations Of Corporate Giving In Australia, John Cantrell

Faculty of Commerce - Papers (Archive)

This paper proposes further research be conducted to advance our knowledge in the field of non-profit marketing through the development of frameworks to help identify the drivers of corporate giving in Australia. Existing conceptualisations are predominately based on limited overseas research, and take little account of the commercial realities of corporate life and the increasing pressures facing many organisations in achieving concrete outcomes from their giving behaviour. In an environment of increased competition for scarce resources amongst non-profits, the better understanding of how and why corporations provide support will be beneficial. It will enable non-profit organisations to better communicate with …


Financial Literacy In Australia, Andrew C. Worthington Jan 2005

Financial Literacy In Australia, Andrew C. Worthington

Faculty of Commerce - Papers (Archive)

Ordered logit models are used to predict financial literacy on the basis of individual demographic, socioeconomic and financial characteristics. The data is drawn from the 2003 ANZ Survey of Adult Financial Literacy in Australia and relates to 3,548 respondents. Financial literacy is defined, amongst other things, in terms of standard mathematical ability and understanding of basic and advanced financial terms. Factors examined include gender, age, ethnicity, occupation, educational level and family structure, along with household income, savings (including superannuation), and mortgage and non-mortgage debt. The evidence suggests that financial literacy is highest for respondents aged between 50 and 60 years, …


Older Male Workers And Job Mobility In Australia, Martin O'Brien Jan 2005

Older Male Workers And Job Mobility In Australia, Martin O'Brien

Faculty of Commerce - Papers (Archive)

No abstract provided.


Accounting: In Crisis Or Ascendancy?, Indra Abeysekera Jan 2005

Accounting: In Crisis Or Ascendancy?, Indra Abeysekera

Faculty of Commerce - Papers (Archive)

Recent corporate failure has challenged the credibility of the accounting profession, leading many stakeholders to question the usefulness of financial reports for decision-making. This paper examines fluctuations in the accounting profession’s authoritative influence over accounting standard setting and financial reporting. It focuses on the period following the collapse of the HIH Group in 2002, with contextual reference to earlier periods. It then outlines the submissions made by the accounting profession, actuaries and regulatory institutions to the Royal Commission Inquiry into the collapse of the HIH Group. These submissions are analysed in relation to the profession promoting functionally defined interests and …


Does The Term Structure Predict Australia’S Future Output Growth?, Abbas Valadkhani Mar 2004

Does The Term Structure Predict Australia’S Future Output Growth?, Abbas Valadkhani

Faculty of Commerce - Papers (Archive)

This paper examines whether the term structure of interest rates provides predictive power for real output growth using quarterly time series data from 1980:1 to 2002:2. The empirical results are consistent with previous studies undertaken for France, Germany and the UK as well as earlier Australian works. It is found that a 10 per cent increase in the interest rate spread between the 10-year Treasury bond and the 90-day bank bill results in approximately 4 per cent rise in GDP growth over the succeeding seven-nine quarters. This result is robust to the inclusion of two other relevant predictors in the …


Quantifying The Effect Of Gst On Inflation In Australia’S Capital Cities: An Intervention Analysis, Abbas Valadkhani, A. P. Layton Mar 2004

Quantifying The Effect Of Gst On Inflation In Australia’S Capital Cities: An Intervention Analysis, Abbas Valadkhani, A. P. Layton

Faculty of Commerce - Papers (Archive)

This paper examines the magnitude and duration of the GST effect on inflation in Australia’s eight capital cities using the Box and Tiao intervention analysis and quarterly data spanning from 1948:4 to 2003:1. We found that GST had a significant but transitory impact on inflation only in the September quarter of 2000 when this new tax system was implemented. In this quarter inflation showed an additional increase of 2.6 per cent in Sydney (minimum effect) and 2.8 per cent in Australia as a whole, the same figure for Hobart was 3.3 per cent (maximum effect). Based on the Wald test …


Effects Of Board Structure On Firm Performance: A Comparison Of Japan And Australia, Ingrid Bonn, Toru Yoshikawa, Phillip H. Phan Mar 2004

Effects Of Board Structure On Firm Performance: A Comparison Of Japan And Australia, Ingrid Bonn, Toru Yoshikawa, Phillip H. Phan

Research Collection Lee Kong Chian School Of Business

This article compares the effects of board size, proportion of female directors, proportion of outside directors and average age of directors on firm performance in Japanese and Australian firms. We found that board size and age of directors were negatively associated with the performance of Japanese firms. For Australian firms, outsider ratio and female director ratio were positively associated with performance.


Accelerating New Product Development: The Experience Of Concurrent Engineering In Australia, Paul Couchman Jan 2004

Accelerating New Product Development: The Experience Of Concurrent Engineering In Australia, Paul Couchman

Faculty of Commerce - Papers (Archive)

Concurrent engineering (CE) is a distinctive approach to the organisation and management of new product development (NPD) which seeks to achieve cross-functional integration, product life cycle design integration and high levels of project task concurrence in order to reduce development lead times. To address the limited research to date on CE in the Asia-Pacific region, the paper presents findings from a survey of Australian manufacturers (n = 150) and from five in-depth case studies on the application of CE in Australia. The survey found that just over one-half (54%) of the companies surveyed used CE to some extent and that, …


Prospects For An Fta Between Australia And Korea, Charles Harvie Jan 2004

Prospects For An Fta Between Australia And Korea, Charles Harvie

Faculty of Commerce - Papers (Archive)

Since the I 960s, trade opportunities based on complementary economies have driven the Australia-Korea economic relationship. Australia exported raw materials, principally minerals and energy, which Korea processed and subsequently sold on domestic and international markets. In return Australia purchased increasing volumes of Korean manufactures, initially textiles, clothing and footwear and later automobiles. With the onset ofthe financial and economic crisis in Korea during 1997-98 trade and investment opportunities were severely constrained. However, in the wake of the crisis, and the rapid recovery of the Korean economy underpinned by corporate and financial sector reforms, trade and investment opportunities in traditional areas …


Causes And Implications Of Declining Economics Major: A Focus On Australia, M. Alauddin, A. Valadkhani Mar 2003

Causes And Implications Of Declining Economics Major: A Focus On Australia, M. Alauddin, A. Valadkhani

Faculty of Commerce - Papers (Archive)

This paper analyses the causes and implications of declining economics major in Australia. Based on a brief review of the relevant literature and an analysis of the Australian time series data, it is found that economics continues to be less attractive to students in relative terms. Three major factors contribute to this phenomenon: less than appropriate product for an increasingly diverse clientele, the introduction of more attractive and business, commerce and industry-oriented programs such as finance, accounting and commerce, and business majors geared to the needs of the real world, and the use of less experienced teaching staff in lower …


Accounting For Intellectual Assets And Liabilities, Indra Abeysekera Jan 2003

Accounting For Intellectual Assets And Liabilities, Indra Abeysekera

Faculty of Commerce - Papers (Archive)

This paper is an addition to the current debate on how to measure and recognise intellectual assets and liabilities. A conceptual approach has been proposed so that intellectual assets and liabilities can be recognised in the financial statements using market value as a reference point acknowledging that intellectual assets and liability items cannot be measured accurately to recognise them individually. It was constructed using the common ground between financial reporting and intellectual assets and liability management. It has used an intellectual assets definition, an intellectual assets indicator at an organizational level, the Australian conceptual framework in accounting and recently published …


Structural Change And The Older Male Worker In Australia, Martin J. O'Brien Jan 2002

Structural Change And The Older Male Worker In Australia, Martin J. O'Brien

Faculty of Commerce - Papers (Archive)

Unfavourable changes in the industry composition of employment overt he last two decades has been suggested as a reason for structural unemployment and declining labour force participation of older males in Australia. In this paper, the author explores this proposition by analysing employment data for older males over the 1984 to 1999 period. Standard shift-share analysis findings suggest that, although older males are over-represented in stagnant or declining industries and under-represented in growth sectors, the net aggregate effects of structural change for older males' employment trends are minimal. However, alternative methodologies presented reveal a number of interesting insights into the …


Project Report On The Impact Of Planning And Control Sophistication On Financial Performance Of Small And Medium Manufacturing Enterprises In Australia, Hema Wijewardena, Anura De Zoysa Jan 2000

Project Report On The Impact Of Planning And Control Sophistication On Financial Performance Of Small And Medium Manufacturing Enterprises In Australia, Hema Wijewardena, Anura De Zoysa

Faculty of Commerce - Papers (Archive)

Although there has been a limited amount of prior research on the relationship between planning sophistication and small enterprise perfonnance, no attention has been given to the control aspect of planning and its possible impact on financial performance. This points to a major limitation of prior research on planning and perfonnance. It is common knowledge that effective control is often necessary for achieving the maximum results from a predetermined plan of action in any organisation. Even an excellent plan may not produce the results as expected due to numerous unforseen circumstances which are internal or external to the fInn. Therefore, …


International Trends In Evaluating University Research Outcomes: What Lessons For Australia, Samuel Garrett-Jones Jan 2000

International Trends In Evaluating University Research Outcomes: What Lessons For Australia, Samuel Garrett-Jones

Faculty of Commerce - Papers (Archive)

An international study compared methods used to monitor and evaluate the outcomes of university research in the United States, Canada, the Netherlands and elsewhere. It aimed to provide a foundation for improving the evaluation of research and research training in Australian universities. Evaluation methods were considered in terms of their audience, the type of outputs, outcomes or impacts being measured, and the types of research funding support schemes to which they were applied. The study found that Australian research agencies are generally in line with ‘common practice’ in the countries studied, and in some cases in advance of it. The …


Do Migrants Rob Jobs?: New Evidence From Australia, Gary Gang Tian, Jordan Shan Jan 1999

Do Migrants Rob Jobs?: New Evidence From Australia, Gary Gang Tian, Jordan Shan

Faculty of Commerce - Papers (Archive)

This study contributes to the recent debate on immigration and unemployment in Australia by investigating the causal linkage between immigration and unemployment. The question of whether `immigrants rob jobs' is examined by identifying the sources of unemployment through causal linkages between unemployment and other key variables such as immigration. The research finds no Granger causality between immigration and unemployment, but does run from industrial structural change to the high unemployment rate in Australia. This research also finds that both GDP growth and immigration inflow reinforce each other in the course of economic development in Australia.


Settlers And The State: The Creation Of An Aboriginal Workforce In Australia, Robert Castle, Jim Hagan Jan 1998

Settlers And The State: The Creation Of An Aboriginal Workforce In Australia, Robert Castle, Jim Hagan

Faculty of Commerce - Papers (Archive)

White settlement of Australia began a process whereby the Aboriginal people who had settled the Australian continent for 40,000 years were dispossessed of their land, economy, society and often their lives. Henry Reynold's 'Law of the Land'' demonstrates the impact of the application of the doctrine of 'Terra Nullius' on Aboriginal society and the subsequent development of black-white relations in Australia. Land was the foundation of Aboriginal life - of an economic, religious and cultural system centred on hunting and gathering which provided a basis for a sustainable and stable society. The alienation of Aboriginal land and the resulting conflict …


An International Survey Of Free Banking Periods: Us, California, France, Australia, Switzerland, And Scotland, Frank Doti, David Cassell Jan 1997

An International Survey Of Free Banking Periods: Us, California, France, Australia, Switzerland, And Scotland, Frank Doti, David Cassell

Economics Faculty Articles and Research

This article studies free banking periods worlwide.