Digital Commons Network^™

Making Corporations More Human Through Artificial Intelligence, Michael R. Siebecker

Sturm College of Law: Faculty Scholarship

Can existing corporate fiduciary principles adequately guide officers and directors regarding the proper development and utilization of artificial intelligence ("AI") technologies? What role should AI play in corporate boardrooms? These questions seem especially pressing considering the increasing prevalence of AI throughout a variety of industries in a host of key functions. It should come as little surprise, however, that with the advent of a powerful new technology, important concerns arise regarding the limits on its use and the ends to which it should be directed. Ethicists warn about AI 's lack of moral sensitivity, empathy, and appreciation for human rights. …

Concerning A Supplemental Appropriation To The Department Of Public Safety., Colorado General Assembly

Session Laws 2001-Present

No abstract provided.

Private Covenants, Public Laws, And The Financial Future Of Condominiums, 52 Uic J. Marshall L. Rev 715 (2019), Evan Mckenzie

UIC Law Review

No abstract provided.

Accountability Lost And The Problem(S) Of Asymmetry, Gregory M. Gilchrist

Loyola University Chicago Law Journal

Professor Gilchrist argues that calls for more individual prosecutions in cases of corporate malfeasance are ultimately misguided. In this Essay, Gilchrist discusses the asymmetries of information and power within corporations that make criminal prosecutions of high-level executives particularly difficult and often inappropriate.

Lehman 10 Years Later: The Dodd-Frank Rollback, Thomas W. Joo

Loyola University Chicago Law Journal

In response to the financial crisis of 2007–08, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010. The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 has repealed or altered many Dodd-Frank’s reforms. This Article analyzes the EGRRCPA’s deregulation of large banks, community banks, mortgage lending standards, and consumer protection in the industry. While Dodd-Frank may have taken only small steps to address the causes of the financial crisis, the EGRRCPA completely ignores those risk factors. Congress and the Administration have justified the counter-reforms on the ground that they have hampered economic growth, but …

Strategies To Reduce The Fiscal Impact Of Cyberattacks, Shirley Denise Smith

Walden Dissertations and Doctoral Studies

A single cyberattack event involving 1 major corporation can cause severe business and social devastation. In this single case study, a major U.S. airline company was selected for exploration of the strategies information technology administrators and airline managers implemented to reduce the financial devastation that may be caused by a cyberattack. Seven participants, of whom 4 were airline managers and 3 were IT administrators, whose primary responsibility included implementation of strategies to plan for and respond to cyberattacks participated in the data collection process. This study was grounded on the general systems theory. Data collection entailed semistructured face-to-face and telephone …

Board Independence And Corporate Misconduct, Center For Executive Succession

Research Briefs

Board independence, audit committee independence, and CEO-board chair separation reduce the likelihood of corporate misconduct. • Audit committee independence is twice as effective as overall board independence in reducing misconduct. • Board independence and CEO-board chair separation are more effective where corruption is less common but less effective in more corrupt countries.

United States Supreme Court Surveys: 2017 Term: Digital Realty Trust V. Somers: Whistleblowers And Corporate Retaliation, Susan B. Heyman

Roger Williams University Law Review

No abstract provided.

False Claims Act Liability For Higher Education Institutions: Analyzing Claim Against Charlotte School Of Law And Infilaw Systems, Brian Munsie

Student Works

No abstract provided.

Business Sustainability Strategies Of Small Technology Companies, Eric Smith

Walden Dissertations and Doctoral Studies

Each year, almost 12% of small technology companies fail to survive, and the risks associated with high-tech startups are high for business failure due to the introduction of new technology, similar competitor technology, and the short product life cycle of new products. The purpose of this multiple case study was to explore the business sustainability strategies that some owners of small technology companies used to remain in operation for longer than 5 years. The population for the study was the owners of 5 small technology companies located in the southeast region of the United States. The general systems theory was …

Detection Of Fraud Risks In Retailing Sector Using Mlp And Svm Techniques, Davut Pehli̇vanli, Süleyman Eken, Ebu Beki̇r Ayan

Turkish Journal of Electrical Engineering and Computer Sciences

In today's business conditions, where business activities are spreading over a wide geographical area, fraud auditing processes have crucial importance especially for the retailing sector which has a high branch network. In the retailing sector, especially purchasing processes are subject to high fraud risks. This paper shows that it is possible to detect fraudulent processes by applying data mining techniques on operational data related to purchasing activities. Within this scope, in order to detect the fraudulent purchasing operations, support vector machine (SVM) models with different kernels and artificial neural networks methods have been used and successful results have been achieved. …

A Relationship Among Neighborhood Traits, Home Sales And Mortgage Fraud: The Atlanta Market Leading Into The Mortgage Crash Of 2008, M. Cary Collins, Ann Fulmer, Keith Harvey, Peter J. Nigro

Marketing Faculty Publications and Presentations

The U.S. Federal Bureau of Investigation (FBI) categorizes mortgage fraud as either fraud for property or fraud for profit. Fraud for profit, which includes the vast majority of cases, may involve several parties to the transaction, including professional agents such as brokers, appraisers, builders, title examiners, escrow officers, attorney, and lenders. Fraud for profit schemes usually include several purchase transactions where homes are quickly sold, with lenders and subsequent purchasers suffering the losses. Reports of mortgage loan fraud grew exponentially in the years leading up to the 2008 financial crisis, becoming one the fastest growing white-collar crimes in the United …

Compensation Clawback Policies And Corporate Lawsuits, Matteo P. Arena, Nga Nguyen

Finance Faculty Research and Publications

Purpose

The purpose of this paper is to study the relation between compensation clawbacks and lawsuits and analyze how these two corporate disciplinary forces interact. This paper hypothesizes that by allowing firms to recoup compensation from managers who breach their fiduciary duty, clawbacks provide a form of discipline that potentially reduces the likelihood of managerial wrongdoing, which, in turn, lowers the risk of corporate lawsuits.

Design/methodology/approach

This paper identifies whether or not a company in the S&P 1500 had a clawback policy between 2007 and 2014 by searching the company filings and press releases. The authors also construct different proxies …

Multimodal Approach For Malware Detection, Jarilyn M. Hernandez Jimenez

Graduate Theses, Dissertations, and Problem Reports (ETD)

Although malware detection is a very active area of research, few works were focused on using physical properties (e.g., power consumption) and multimodal features for malware detection. We designed an experimental testbed that allowed us to run samples of malware and non-malicious software applications and to collect power consumption, network traffic, and system logs data, and subsequently to extract dynamic behavioral-based features. We also extracted code-based static features of both malware and non-malicious software applications. These features were used for malware detection based on: feature level fusion using power consumption and network traffic data, feature level fusion using network traffic …

Problems And Possibilities Of Private Equity And Environmental Sustainability, Katherine N. Elliot

Student Theses 2015-Present

This paper addresses the relationship between the American private equity industry and environmental sustainability. The connection between large financial industries and the environment is one that is often viewed negatively, especially in terms of private equity. As an industry that measures success with exponential economic growth and gaining the largest financial returns, environmental impacts are often sidelined. This paper explores the potential private equity has to incorporate environmental sustainability into the core of its business. Chapter 1 lays out the fundamentals of how the Private Equity industry operates. It also establishes what has caused firms to begin to adopt sustainability. …

Automated Essay Evaluation Using Natural Language Processing And Machine Learning, Harshanthi Ghanta

Theses and Dissertations

The goal of automated essay evaluation is to assign grades to essays and provide feedback using computers. Automated evaluation is increasingly being used in classrooms and online exams. The aim of this project is to develop machine learning models for performing automated essay scoring and evaluate their performance. In this research, a publicly available essay data set was used to train and test the efficacy of the adopted techniques. Natural language processing techniques were used to extract features from essays in the dataset. Three different existing machine learning algorithms were used on the chosen dataset. The data was divided into …

Internal Control Strategies For Compliance With The Sarbanes-Oxley Act Of 2002, Grant J. Lee

Walden Dissertations and Doctoral Studies

Publicly traded corporations have dedicated time and money to adhering to the requirements of the Sarbanes-Oxley Act (SOX) of 2002; however, some companies face challenges in internal control compliance with SOX. Using the transformational leadership theory as the conceptual framework, the purpose of this multiple case study was to explore the strategies chief financial officers (CFOs) used to comply with corporate financial internal control policies. Data were collected using face-to-face, semistructured interviews with 3 CFOs of publicly traded manufacturing companies in Michigan and a review of documents. The selection criteria for participants included CFOs who have experience in SOX implementation …

Strategies To Prevent And Detect Occupational Fraud In Small Retail Businesses, Marquita V. Davis

Walden Dissertations and Doctoral Studies

Business owners' lack of strategies to prevent and detect occupational fraud in small retail businesses in the United States could result in substantial financial losses or insolvency. Grounded in Cressey's fraud triangle, the purpose of this multiple case study was to explore internal control strategies 6 owners of small retail businesses in southeastern Pennsylvania used to prevent and detect occupational fraud. Face-to-face interviews, observations, and documentation are the data collection techniques I used in this study. Data were transcribed, coded, analyzed, and member checked to identify emergent themes. Six themes emerged from the thematic analysis: financial impact, transaction responsibility and …

Evaluation And Enhancement Of Public Cyber Security Awareness, Faisal Fahad G Alotaibi

School of Engineering, Computing and Mathematics Theses

With the spread of the Internet and the technology, Cyberspace has become the life of everyone, which requires them to be aware of the threats of it. Also, to be prepared with the speed of the technology, whether electronic payment, social life, leisure work IOT، and everything. However, in spite of increasing security practices there has been a rise in the cyber security threats and attacks. As the life is becoming more and more dependent on the technology, the need for cyber security awareness has become an important activity that need to be practiced in order to be safe and …

Do Enforcement Actions By Us Federal Banking Regulators Against Banks For Unsound And Unsafe Banking Practices Deter Further And Future Wrongdoing? A Way Forward., Ikem Onyiliogwu

Master's Theses

“Wells Fargo fined $1 billion for ‘reckless unsafe or unsound practices.”1 The story behind this headline in the Washington Post on April 20, 2018, set out the problem. Wells Fargo engaged in “unsafe or unsound practices”2 by charging customers for services that Wells Fargo should have absorbed and administering a compulsory insurance scheme that unnecessarily increased borrowers auto loans financial obligation without approval. 3 According to the Office of the Comptroller of the Currency (OCC), “Since at least 2011, the Bank4 (Wells Fargo) has failed to implement and maintain a compliance risk management program commensurate with the Bank’s size, complexity …

Unintentional Irony In Landmark Decisions Of The Delaware Supreme Court Regarding Corporate Law, Steven Cleveland

Faculty Articles

No abstract provided.

Examining The Intersection Of Gender And Age In Victim Blaming, Jerin Lee

Graduate Theses, Dissertations, and Problem Reports (ETD)

Victim blaming refers to an attributional tendency in which some level of responsibility for a negative outcome is placed on victims (Maes, 1994). Many victims of crimes face stigmatization in the form of blame from friends, acquaintances, the criminal justice system, media, strangers, and even perpetrators of the crimes themselves (e.g., Cross, Parker, & Sansom, 2019; Gordon & Riger, 1991). Victim characteristics, type of crime, and observer characteristics all influence victim blaming tendencies. However, no studies to date have tested whether these factors in combination elicit differential reactions to victims of crimes. The present research tested how the intersection of …

Strategies For Succession Planning And Leadership Training Development For Nonprofit Organizations, Isaac C. Theus

Walden Dissertations and Doctoral Studies

Many leaders of nonprofit organizations (NPOs) lack strategies to replace leaders who leave the organization. An organization is in jeopardy of survival without an effective leadership development and succession planning strategy. The purpose of this single case study was to explore strategies NPO leaders use to develop future generations for leadership roles within the organization. Data were collected from face-to face semistructured interviews with 4 executives and 2 directors of a NPO in Texas and a review of documents including organization manuals, organizational charts, the employee handbook, and a management-in-training course. The human capital theory and succession theory were used …

Accounting Standards And Topics Implemented And Analyzed, Makenzie Courtland Mcneill

Honors Theses

The objective of this thesis is to report on multiple accounting standards and topics through the use of twelve different cases. The cases that were researched included the topics of evaluation of financial statements, profitability and earnings, accounts receivable, and working through a time value of money problem. Additionally, subjects such as research and development costs, the data analytics tool IBM Watson, long-term debt, stockholders’ equity, marketable securities, deferred income taxes, and revenue recognition were also analyzed throughout this paper. These cases were written to help the reader, and others, learn from their questions. The questions in the cases, as …

Information Sources That Influence The Financial Literacy Of Puerto Rican College Students, Enid Alvarez

Walden Dissertations and Doctoral Studies

Researchers agree that Puerto Ricans lack basic financial knowledge that would allow them to participate in the financial system actively. However, the literature did not provide any data about the knowledge transmission practices that Puerto Ricans use to gather and transmit financial knowledge. As a result, there was a limited understanding of the social learning processes used by Puerto Rican college students to make financial decisions. Using consumer socialization and family financial socialization models as the theoretical framework, the purpose of this quantitative, nonexperimental study was to identify the information sources that Puerto Ricans use to gather financial knowledge. A …

Factors Leading Corporations To Continue To Engage In Corporate Social Responsibility Initiatives, Radu-Marius Gavrila

Walden Dissertations and Doctoral Studies

Accountability for corporate social responsibility (CSR) and its societal challenges is undetermined, and it is unclear whether business or society should carry these responsibilities. Despite severe criticism from some, many organizations continue to invest in and promote CSR. The purpose of this multiple-case study was to increase the understanding of the phenomenon from the perspective of a purposeful sample of participants who contribute to CSR execution and who were representatives of the 10 organizations identified as active promoters. The participant corporations (case studies), in Europe and North America, were mainly in the telecommunications industry. Study data came from 11 face-to-face, …

The Eu’S Struggles With Collective Action For Securities Fraud: An American Perspective, Dan Morrissey

Texas A&M Law Review

Notwithstanding the apparent exit of the United Kingdom, the European Union (“EU”) has grown in membership and power since its modest beginnings after World War II, now rivaling the U.S. in economic strength. With the goal of promoting the security and prosperity of all the citizens of the countries that belong to it, the EU is pressing ahead to adopt laws that will promote their political and financial integration. Along those lines, it has also recently acknowledged a deficiency in the legal systems of its member states when it comes to allowing collective actions for victims of various types of …

Respect The Hustle: Necessity Entrepreneurship, Returning Citizens, And Social Enterprise Strategies, Priya Baskaran

Scholarly Articles in Law Reviews & Journals

This Article addresses a pervasive and growing problem for returning citizens – high rates of economic insecurity – and as a novel solution, proposes the creation of Economic Justice Incubators a new municipally led social enterprise strategy.

Mass incarceration is a national problem and requires comprehensive criminal justice reform. In contrast, the process of reentry is locally focused thanks to a complex web of collateral consequences. An estimated 641,000 people return home from prison each year, many to a limited number of economically distressed communities. Once released, their mobility is limited by the terms of their parole and the collateral …

How Informative Are Fraud And Non-Fraud Firms' Earnings?, Kwadwo Nyarko Asare

Accounting Department Faculty Journal Articles

This study evaluates how informative the earnings of fraud firms are compared to peer non-fraud firms by assessing informativeness in the context of persistence, analysts’ forecast errors, and stock returns. There are differences in how informative the earnings of fraud firms are to analysts’ forecasts and returns in the pre-fraud period, but not in the fraud period. In the post- fraud period, there is no difference in how informative fraud firms’ earnings are to analysts’ earnings forecasts. Furthermore, fraud firm’s earnings are not differentially associated with excess returns post-fraud. When earnings are decomposed into accruals and cash flows, fraud firms’ …

Self-Interest Rightly Understood: The Case Against Attorneys Receiving The Sec Whistleblower Bounty, Chelsea A. Bollman

Notre Dame Journal of Law, Ethics & Public Policy

No abstract provided.