Open Access. Powered by Scholars. Published by Universities.®

Business Commons

Open Access. Powered by Scholars. Published by Universities.®

113,119 Full-Text Articles 79,976 Authors 69,841,848 Downloads 433 Institutions

All Articles in Business

Faceted Search

113,119 full-text articles. Page 3320 of 3448.

Audit Fees: To Disclose Or Not To Disclose?, Teng Aun KHOO, Soo Chiat HWANG 2010 Singapore Management University

Audit Fees: To Disclose Or Not To Disclose?, Teng Aun Khoo, Soo Chiat Hwang

Research Collection School Of Accountancy

The authors argue that the disclosure of audit fees can provide a more level playing field in Singapore, and would also be consistent with the other major capital markets in the world. Auditors' independence is the cornerstone of the auditing profession, because without auditor's independence investors would not be able to rely on the so-called "audited" financial statements. Currently in Singapore, audit-fee disclosure is not mandatory except for banks as stipulated by the Monetary Authority of Singapore (MAS).


The Association Between Accounting Students' Lone Wolf Tendencies And Their Perceptions, Preferences And Performance Outcomes In Team Projects, Premila GOWRI-SHANKAR, Jean Lin SEOW 2010 Nanyang Technological University

The Association Between Accounting Students' Lone Wolf Tendencies And Their Perceptions, Preferences And Performance Outcomes In Team Projects, Premila Gowri-Shankar, Jean Lin Seow

Research Collection School Of Accountancy

In this study we examine the association between accounting students’ lone wolf tendencies and their perceptions of the usefulness of team work, team interaction behaviors, and team performance. While prior studies find that students generally perceive positive benefits from engaging in team work, our study finds that students with greater lone wolf tendencies perceive fewer benefits from engaging in team work. We also find that during team interactions, teams with a greater proportion of students with higher lone wolf tendencies experience less team commitment and team leadership. Further, such teams rate the outcome of their project negatively, although, there is ...


Comments On Ed Financial Instruments: Amortized Cost And Impairment, TAN, Pearl Hock-Neo 2010 Singapore Management University

Comments On Ed Financial Instruments: Amortized Cost And Impairment, Tan, Pearl Hock-Neo

Research Collection School Of Accountancy

No abstract provided.


The Effect Of Internal Control Weakness Under Section 404 Of The Sarbanes-Oxley Act On Audit Fees, Jong-Hag CHOI, Jeong-Bon KIM, Soo Young KWON, Yoonseok ZANG 2010 Singapore Management University

The Effect Of Internal Control Weakness Under Section 404 Of The Sarbanes-Oxley Act On Audit Fees, Jong-Hag Choi, Jeong-Bon Kim, Soo Young Kwon, Yoonseok Zang

Research Collection School Of Accountancy

In this paper, we investigate the effect of the enactment of the SarbanesOxleyAct (SOX) in 2002 on audit pricing, using a sample of 252 firms that received an “Ineffective” audit opinion and other firms that received cleanaudit opinion on the effectiveness of the internal control over financial reportingunder Section 404 of SOX. Our analyses show the following. First,we find that auditors charge significantly higher audit fees for all firms inthe post-SOX period than in the pre-SOX period. Second, we find that auditors’opinions on the weakness in internal control (WIC) are positively associatedwith audit fees, and that the positive ...


Information Risk And Underwriter Switching In Seos: Evidence From China, Wei LUO, Pingui RAO, Heng YUE 2010 Singapore Management University

Information Risk And Underwriter Switching In Seos: Evidence From China, Wei Luo, Pingui Rao, Heng Yue

Research Collection School Of Accountancy

In this paper we examine whether information risk affects underwriter switching in a seasoned equity offering (SEO) process. Building on previous research, we hypothesize that SEO firms and underwriters associate with one another by mutual choice, and firms with a low degree of information risk tend to match up with prestigious underwriters. Using a sample of SEO firms in China and employing accruals quality as a proxy of information risk, we find evidence consistent with our hypothesis: the information risk and the initial public offering (IPO) underwriters’ reputation at the time of the SEO jointly determine the probability that the ...


Direct And Indirect Effects Of Internal Control Weakness And External Audit Effort On Accruals Quality: Evidence From A Unique Canadian Regulatory Setting, Hai LU, Gordon D RICHARDSON, Steven SALTERIO 2010 Singapore Management University

Direct And Indirect Effects Of Internal Control Weakness And External Audit Effort On Accruals Quality: Evidence From A Unique Canadian Regulatory Setting, Hai Lu, Gordon D Richardson, Steven Salterio

Research Collection School Of Accountancy

Public disclosure about effectiveness of internal control systems is subject to much controversy in Canada, resulting in Canadian disclosures being made in Management Discussion and Analysis (MD&A). These disclosures are provided to investors without a definition of the weaknesses to be reported, without implementation effectiveness testing, no direct management certification and no external audit of such disclosures. Though the cost of such SOX North disclosures are lower than in the U.S setting, the credibility of these disclosures is far from assured, posing an important empirical issue for regulators interested in the cost versus benefit trade-off of various disclosure ...


Corporate Philanthropic Giving, Advertising Intensity, And Industry Competition Level, Ran ZHANG, Jigao ZHU, Heng YUE, Chunyan ZHU 2010 Singapore Management University

Corporate Philanthropic Giving, Advertising Intensity, And Industry Competition Level, Ran Zhang, Jigao Zhu, Heng Yue, Chunyan Zhu

Research Collection School Of Accountancy

This article examines whether the likelihoodand amount of firm charitable giving in response tocatastrophic events are related to firm advertising intensity,and whether industry competition level moderatesthis relationship. Using data on Chinese firms’ philanthropicresponse to the 2008 Sichuan earthquake, we findthat firm advertising intensity is positively associated withboth the probability and the amount of corporate giving.The results also indicate that this positive advertisingintensity-philanthropic giving relationship is stronger incompetitive industries, and firms in competitive industriesare more likely to donate. This study thus provides evidencesuggesting that even in the wake of catastrophicevents, corporate philanthropic giving is strategic.


Is Premium Pricing Strategy A Viable Option To Pursue Higher Revenue Performance? A Case Study Of Relative Pricing Strategy In The Singapore Lodging Market, Xiaorong Chen 2010 University of Nevada, Las Vegas

Is Premium Pricing Strategy A Viable Option To Pursue Higher Revenue Performance? A Case Study Of Relative Pricing Strategy In The Singapore Lodging Market, Xiaorong Chen

UNLV Theses, Dissertations, Professional Papers, and Capstones

This is an exploratory research paper on how relative pricing affects an individual hotel’s revenue performance in the Singapore lodging market. First, it measures the REVPAR effects for both a discounting and premium pricing strategy at a local hotel against its competitive set. The findings conclude that a premium pricing strategy is a better way to improve REVPAR performance due to the inelastic nature of the demand curve for hotel rooms in the Singapore market. The findings also show that there is a price limit to a premium pricing strategy, beyond which the growth of REVPAR stagnates because customers ...


Weathering The Storm: Asian Hedge Funds, Melvyn TEO 2010 Singapore Management University

Weathering The Storm: Asian Hedge Funds, Melvyn Teo

Research Collection BNP Paribas Hedge Fund Centre

How has the financial crisis shaped the hedge fund industry in Asia? We survey the style, investment region, and assets under management landscape of Asia-based hedge funds before and after the recent economic downturn. Our findings suggest that during the early part of the crisis in 2007, macro and fixed income funds based in Australia were especially vulnerable. When Asian financial markets succumbed in 2008 and 2009, hedge fund exits ramped up in Singapore and Hong Kong, particularly amongst event driven and Japan-focused funds. Small funds were most susceptible to closure during the liquidity crunch. Conversely, CTAs and Greater China-focused ...


Side-By-Side Management Of Hedge Funds And Mutual Funds, Tom NOHEL, Z. Jay WANG, Lu ZHENG 2010 Loyola University

Side-By-Side Management Of Hedge Funds And Mutual Funds, Tom Nohel, Z. Jay Wang, Lu Zheng

Research Collection BNP Paribas Hedge Fund Centre

We examine situations where the same fund manager simultaneously manages mutual funds and hedge funds. We refer to this as side-by-side management. We document 344 such cases involving 693 mutual funds and 538 hedge funds. Proponents of this practice argue that it is essential to hire and retain star performers. Detractors argue that the temptation for abuse is high and the practice should be banned. Our analysis based on various performance metrics shows that side-by-side mutual fund managers significantly outperform peer funds, consistent with this privilege being granted primarily to star performers. Interestingly, side-by-side hedge fund managers are at best ...


"Play Along" With The Authors: Half-Life 2, Bioshock, And Video Game Narrative, Samy Masadi 2010 Rhode Island College

"Play Along" With The Authors: Half-Life 2, Bioshock, And Video Game Narrative, Samy Masadi

Honors Projects Overview

Applies narrative analysis to two story-based video games, Half-Life 2 and BioShock, arguing that such games combine traditional narrative elements in innovative ways. Includes discussion of narratology, ludology, and game narrative theory.


Pricing Options In An Extended Black Scholes Economy With Illiquidity: Theory And Empirical Evidence, Umut Cetin, Robert Jarrow, Mitchell Protter, Mitchell WARACHKA 2010 London School of Economics and Political Science

Pricing Options In An Extended Black Scholes Economy With Illiquidity: Theory And Empirical Evidence, Umut Cetin, Robert Jarrow, Mitchell Protter, Mitchell Warachka

Research Collection Lee Kong Chian School Of Business

This article studies the pricing of options in an extended Black Scholes economy in which the underlying asset is not perfectly liquid. The resulting liquidity risk is modeled as a stochastic supply curve, with the transaction price being a function of the trade size. Consistent with the market microstructure literature, the supply curve is upward sloping with purchases executed at higher prices and sales at lower prices. Optimal discrete time hedging strategies are then derived. Empirical evidence reveals a significant liquidity cost intrinsic to every option. [PUBLICATION ABSTRACT]


Competition, Competitiveness And 'Created' Competitive Advantages: Re-Positioning The Singapore 'Advantage' In China, India, Vietnam And Indonesia, Caroline YEOH 2010 Singapore Management University

Competition, Competitiveness And 'Created' Competitive Advantages: Re-Positioning The Singapore 'Advantage' In China, India, Vietnam And Indonesia, Caroline Yeoh

Research Collection Lee Kong Chian School Of Business

No abstract provided.


The Interaction Of Roles, Resources, And Organizational Structures In Creative Work, Feichin, Ted TSCHANG 2010 Singapore Management University

The Interaction Of Roles, Resources, And Organizational Structures In Creative Work, Feichin, Ted Tschang

Research Collection Lee Kong Chian School Of Business

Creativity is known to be located at both the individual and group levels. We look at the case of videogame development, as an instance of project level creativity. We focus in particular on the design of the artifact. By examining the loci of creativity at the individual and group levels, we shed light on the roles and tasks of the designer, and on the organizational group structure known as the design cabal. In comparing the two extremes, we discover that the lack of organizational resources (namely, well known designers) leads in certain projects to the adoption of cabals or cabal-like ...


The Roles That Forecast Surprise And Forecast Error Play In Determining Management Forecast Precision, Jong-Hag CHOI, Linda A. MYERS, Yoonseok ZANG, David A. ZIEBART 2010 Seoul National University

The Roles That Forecast Surprise And Forecast Error Play In Determining Management Forecast Precision, Jong-Hag Choi, Linda A. Myers, Yoonseok Zang, David A. Ziebart

Research Collection School Of Accountancy

Studying the determinants of management forecast precision is important because a better understanding of the factors affecting management’s choice of forecast precision can provide investors and other users with cues about the characteristics of the information contained in the forecasts. In addition, as regulators assess the regulation of voluntary management disclosures, they need to better understand how managers choose among forecast precision disclosure alternatives. Using 16,872 management earnings forecasts collected from 1995 through 2004, we provide strong evidence that forecast precision is negatively associated with the magnitude of the forecast surprise and that this negative association is stronger ...


Mutual Fund Flows, Performance Persistence, And Board Quality, Sandy LAI, Ashish TIWARI, Zhe (Joe) Zhang 2010 Singapore Management University

Mutual Fund Flows, Performance Persistence, And Board Quality, Sandy Lai, Ashish Tiwari, Zhe (Joe) Zhang

Research Collection Lee Kong Chian School Of Business

This paper provides evidence on the impact of fund board quality on (a) the fund flow-performance relation, (b) persistence in fund performance, and (c) a fund’s potential change of strategy following a period of underperformance. We use Morningstar’s board quality ratings as a proxy for the quality of the fund’s board and document three main results. One, we show that funds that rank in the bottom quintile of rankings based on past performance, experience significantly lower flows at the margin when their board quality rating is poor compared to when the board quality is rated as good ...


Income, Endogenous Market Structure And Innovation, Mei LIN, Shaojin LI, Andrew B. Whinston 2010 Singapore Management University

Income, Endogenous Market Structure And Innovation, Mei Lin, Shaojin Li, Andrew B. Whinston

Research Collection School Of Computing and Information Systems

We investigate the effect of income distribution on R&D in a dynamic framework. Our model captures both the infinite R&D race among heterogeneous innovators and a market where successful innovators generate revenues. The market structure of successful innovations is endogenous – firms produce vertically differentiated substitute goods and compete in price. Based on firms' equilibrium market revenues, we derive numerical solutions of the Markov perfect equilibrium innovation rate of the dynamic problem. A key insight in our results is that explicitly modeling price competition and the market structure plays an important role in evaluating the impact of rising income inequality on R&D. Furthermore, the way aggregate innovation responds to regulatory policies might also depend on the market structure. Contrary to past findings, we show that increasing income inequality has a negative effect on innovation when the market quality gap is large, in which case, price competition leads to lower revenues and diminishes the innovation incentives. Regarding R&D policies, subsidies are found to dampen the innovation efforts; however, under certain market structure conditions, they also encourage entry to the R&D race. Tax incentives that reduce the variable R&D costs are shown to have positive effects on innovation.


Manual: Blue Cross And Blue Shield Of Florida Foundation- June 2010-March 2011 Media Placements, Blue Cross and Blue Shield of Florida, Inc. 2010 University of North Florida

Manual: Blue Cross And Blue Shield Of Florida Foundation- June 2010-March 2011 Media Placements, Blue Cross And Blue Shield Of Florida, Inc.

Florida Blue Archives Printed Materials

A manual for the Blue Cross and Blue Shield of Florida Foundation Media Placements for June 2010 - March 2011. Box 29, Folder 381.


Food Delivery Footprint: Addressing Transportation, Packaging, And Waste In The Food Supply Chain, Madeleine E. Pullman, Robin Fenske, Wayne Wakeland 2010 Portland State University

Food Delivery Footprint: Addressing Transportation, Packaging, And Waste In The Food Supply Chain, Madeleine E. Pullman, Robin Fenske, Wayne Wakeland

Business Faculty Publications and Presentations

Transportation of food accounts for a significant fraction of the carbon dioxide emissions believed to be adversely impacting climate and the environment. And this impact is increasing as food supply chains become longer and more complex, and food packaging requirements lead to increased waste. Many organizations such as hospitals and upper level education are becoming increasingly concerned about sustainability. In this study, college, university, and hospital food purchasing behavior were assessed using interviews, surveys, and modeling to evaluate the environmental implications of decisions regarding food transportation and packaging. Current purchasing practices, corresponding transportation modes, packaging, recycling, and waste removal were ...


The Impact Of Rebranding On Guest Satisfaction And Financial Performance: A Case Study Of Holiday Inn Singapore Orchard City Centre, Pingshan Huang 2010 University of Nevada, Las Vegas

The Impact Of Rebranding On Guest Satisfaction And Financial Performance: A Case Study Of Holiday Inn Singapore Orchard City Centre, Pingshan Huang

UNLV Theses, Dissertations, Professional Papers, and Capstones

Existing literature has shown that effective branding/ re-branding can positively impact customer purchase preferences and intentions, satisfaction and loyalty and a firm’s financial performance. Building on these links, this paper investigated if there was a significant improvement in the Holiday Inn Singapore Orchard City Centre’s guest satisfaction (OSAT) and financial performance after its rebranding. Paired-samples analyses were conducted on the hotel’s pre- and post-rebranding guest satisfaction, occupancy, average daily rates (ADR), revenue per available room (RevPAR), revenue and net operating profit (NOP). Overall, the results revealed that after the rebranding, HISOCC’s occupancy and RevPAR increased significantly ...


Digital Commons powered by bepress