Business Commons^™

Tobacco Politics And Electoral Accountability In The United States, Per G. Fredriksson, Khawaja Mamun

WCBT Working Papers

This paper investigates whether reputation-building strategies guide U.S. governors’ state cigarette tax choices, and whether the federal cigarette tax influences such behavior. Using 1975-2000 data, we find evidence that governors in states with relatively important agricultural tobacco production and tobacco manufacturing, and which are densely populated by smokers, appear prone to reputation-building. Moreover, lame ducks are more prone to raise the state cigarette tax the lower the federal tax.

Gubernatorial Reputation And Vertical Tax Externalities: All Smoke, No Fire?, Per G. Fredriksson, Khawaja Mamun

WCBT Working Papers

This paper investigates whether reputation-building strategies guide U.S. governors’ responses to changes in federal cigarette taxes (i.e. vertical tax interactions). Using 1975-2000 state cigarette tax data, we find that reputation-building strategies affect the nature of vertical tax externalities. Lame duck governors exhibit a more negative response to changes in the federal cigarette tax. Thus, by reducing the state tax base and by causing a decline in the state tax, an increase in the federal tax rate reduces state tax revenues in states headed by lame ducks.

The Functional Specification Of The Wageexperience Relationship And Male Wage Inequality In The Philippines: A Decomposition Analysis, Lawrence B. Dacuycuy

DLSU Business & Economics Review

This study analyzed the factors that have contributed to the increase in wage inequality among male workers in the Philippines. Using the Fields (2003) framework as a decomposition platform, the validity of the usual parametric specification of the wage-experience relationship to ascertain the effects of functional misspecification on wage decomposition estimates was investigated. The study found that the quadratic specification of the nonlinear relationship is inadequate, thereby favoring the use of the semiparametric partially linear model, which does not impose any functional assumption on the said relationship.

An Evaluation Of Financial And Non-Financial Environmental Disclosures Of Ten Publicly-Listed Mining Companies In The Philippines, Nimpha M. Aquino

DLSU Business & Economics Review

This study determined the environmental disclosure practices of 10 mining companies in the Philippines by examining the nature and extent of disclosures in the financial and non-financial sections of their 2006 corporate annual reports. It was found out that there was no uniformity in the environmental disclosures of the 10 mining companies. It was also discovered that there was no existing environmental reporting standards as far as environmental disclosure is concerned. The study provided recommendations to the standard-setting council to improve the firms’ environmental disclosure compliance with a discussion regarding the benefits these recommendations might offer.

Stock Diversification And Integer Programming, Emilina R. Sarreal

DLSU Business & Economics Review

This study shows how investors can maximize returns by preparing and monitoring their own stock portfolio by using an integer programming model with an algorithm that can be computed in spreadsheet and linear programming software. Further, the study emphasizes the importance of diversifying stockholdings to reap optimal returns and minimum volatility/risk. It also suggests employing behavioral portfolio theory where goals/aspirations of investors are combined with their reward-to-volatility profile.

Risk Management In The Indian Petrochemical Industry (With Special Reference To Haldia Petrochemicals Ltd.), Tamma K. Reddy, Subhayan Basu

DLSU Business & Economics Review

This study focuses on the identification and acceptance or offsetting of the risks threatening the profitability and existence of any petrochemical organization. It deals with the foreign exchange risk management policy of Haldia Petrochemicals Ltd. and how it could be implemented in the risk minimization or the profit maximization of the company. It applies theories about risks and offers insights and recommendations to the company regarding their management of risk exposures.

Exchange Rate Pass-Through For Selected Southeast Asian Countries, Stephanie L. Chan

DLSU Business & Economics Review

Long- and short-run exchange rate pass-through coefficients were estimated for Malaysia, Indonesia, Thailand, and the Philippines using a simple model based on absolute purchasing power parity. Results were lower than 0.30 for all four countries. Cointegration tests confirmed the existence of a long-run relationship between CPI, GDP, exchange rate, and the U.S. PPI for the countries studied. However, the post-estimation tests showed that a more comprehensive model may need to be developed. The low coefficients reflect the success of the countries in stabilizing their inflation levels, though implying that exchange rate interventions may be less effective in restoring trade balance.

Powerful And Powerless Speech Styles In Employment Mock Interviews, Amanda M. Wilson

Honors Program Theses

This thesis examines powerful and powerless speech styles in employment mock interviews. A powerless speech style is defined as the use of linguistic features that have negative effects on how the speaker is perceived. Features analyzed in this study include intensifiers, hedges, and hesitations. A powerful speech style is defined as the absence of powerless linguistic features within speech. Twenty-eight examples of employment mock interviews conducted in the office of Career Services at the University of Northern Iowa were recorded for analysis in this thesis. Four common questions within the interviews were selected and the responses were transcribed and analyzed, …

Long-Term Care Insurance For The Elderly And Long-Term Care Insurance As A Viable Option For Today's Elderly, Brenda Joan Turnis

Honors Program Theses

Long-term care insurance policies have been sold for the last forty years, but many people are hesitant to invest in these plans. The purpose of this thesis is to provide a realistic view of how long-term care insurance is perceived in our society. It will also include factual evidence on the option of private long-term care insurance for the elderly. A review of research on long-term care will emphasize the coming crisis in long-term care and provide information on the viability of long-term care insurance in our communities.

Exploring The Use Of Exchange Market Pressure And Rmu Deviation Indicator For Early Warning System (Ews) In The Asean+3 Region, Marvin Raymond F. Castell, Lawrence B. Dacuycuy

DLSU Business & Economics Review

Although macroeconomic and financial surveillance mechanisms have been in place both at the global level and at the Asia regional level, the results of the empirical analysis provide some evidence that a regional monetary unit (RMU) can be used to supplement existing surveillance tools for improved crisis detection and prevention. In particular, this study showed that the RMU may be useful as a tool for macroeconomic consultation.

An Excerpt From The Sec Commissioned Report: A Balance Sheet Disclosure Compliance Check Of Ten Publicly-Listed Companies, Ma. Gina T. Manaligod

DLSU Business & Economics Review

This study is an excerpt of a SEC-commissioned report. It investigated the extent of compliance of 10 publicly-listed finance companies with regard to the provisions of relevant PFRS/PAS on balance sheet disclosure requirements. This was accomplished by examining the balance sheet and the related note disclosures of the 10 companies. It was found the all 10 companies had deficiencies in their balance sheet disclosures. It can be implied from this study that deficiencies in disclosure requirements stem from the standards themselves. Recommendations for the improvement of disclosure compliance were provided.

Increasing Referrals For Services Through Collaboration With Community Agencies, Benjamin Mohr

All Graduate Theses, Dissertations, and Other Capstone Projects

The purpose of the project is to investigate how a non-profit organization can collaborate better with other agencies to increase referrals for services. Research was conducted to determine the best avenue of increasing utilization of services in southeast Minnesota by strategic planning. A survey was conducted of 15 southeast Minnesota counties to conduct a SWOT analysis of 3 key services offered by Family Focus that are currently underutilized. Information was compiled in order to support a more comprehensive marketing plan to build relationships with county agencies and increase awareness and use of the services provided by the agency. Recommendations and …

What Does Islamic Finance Want To Be When It Grows Up?, Karen Ahmed

College of Business Faculty and Staff Works

No abstract provided.

"Islamic Banking And Finance: Moral Beliefs And Business Practices At Work", Karen Ahmed

College of Business Faculty and Staff Works

The religion of Islam has existed for 1400 years but Islamic economic theory and its financial institutions emerged as an industry only in the 1970s. Islamic financial institutions (IFIs) are designed to help Muslims conduct business internationally while simultaneously upholding traditional Islamic values related to trade finance and currency movement. The basis for their existence is the Islamic moral prohibition on charging interest—interest is a central component of capitalist banking—yet IFIs conduct billions of dollars of business annually in the world economy and the de facto Islamic banking transaction is—in most cases—virtually identical to a capitalist banking transaction. Business practices …

Mills B. Lane, Jr. And Enterprise In A New South, Randall L. Patton

Faculty Articles

For a century, Citizens & Southern Bank was a fixture in Georgia. In 1991, the C&S brand name disappeared in a merger with North Carolina National Bank. This was one of the bittersweet consequences of the slow, confusing swirl of bank deregulation after 1970, when institutions such as C&S simply disappeared, swallowed by the "winners" in the new competitive environment of interstate banking in the 1980s and 1990s. Even earlier, however, the Lane family had ceased to control the bank started by Mills Lane, Sr. in 1891. Mills B. Lane, Jr. was the last member of the Lane family to …

Effect Of Suburban Transit Oriented Developments On Residential Property Values, Shishir Mathur, Christopher Ferrell

Faculty Publications, Urban and Regional Planning

No abstract provided.

Travel And Recreation: Outlook 2010 Concious Consumption, Norma P. Nickerson

Institute for Tourism and Recreation Research Publications

Outlooks and Trends in 2010, Review of 2009.

Factors Related To The Unemployment Rate: A Statistical Analysis, Reanna Collins

Honors Program Theses

Current United States economic conditions have everyone searching for ways to solve the downward spiral that has instigated a crisis in the minds of many people. Rapidly increasing unemployment rates are key reasons leading to this feeling of emergency. A better understanding of unemployment trends over the past few decades and factors correlated to the rate could serve as future indicators of fluctuations in the unemployment rate. A statistical analysis was conducted to determine if any relationship between the unemployment rate and nine selected variables existed in order to identify trends in the unemployment rate and to produce a model …

Corporate Tax, Capital Structure, And The Accessibility Of Bank Loans: Evidence From China, Liansheng Wu, Heng Yue

Research Collection School Of Accountancy

In this paper, we investigate whether listed firms in China adjust their capital structure in response to an increase in the corporate taxrate. Although theories of capital structure suggest that corporate tax is an important determinant of capital structure, how exogenouschanges of the tax rate affect firms’ leverage decisions has not been fully explored. We examine a unique circumstance in which the Chinesegovernment increased the corporate tax rate of firms that had previously received local government tax rebates. The evidence indicatesthat these firms increased their leverage when the corporate tax rate increased. Further investigation suggests that the adjustment ofleverage was …

So, Farewell Then ... Reflections On Editing The Journal Of Management Studies, Timothy Adrian Robert Clark, Mike Wright

Research Collection Lee Kong Chian School Of Business

Thisissue of Journal of Management Studies (JMS) marks theend of our term of office as General Editors of the Journal.

Editorial, Teresa R. Behrens

The Foundation Review

No abstract provided.

The Colorado Trust’S Healthy Communities Initiative: Results And Lessons For Comprehensive Community Initiatives, Ross Conner, Doug Easterling

The Foundation Review

· This article summarizes how 29 diverse communities throughout Colorado implemented the Colorado Healthy Communities Initiative (CHCI), which was conceived and funded by The Colorado Trust to engage community residents in the development of locally relevant strategies to improve community health.

· In line with the World Health Organization’s Healthy Cities model, CHCI emphasized (a) inclusive, representative planning; (b) a broad definition of “health”; (c) consensus decision making; and (d) capacity building among local stakeholder groups.

· Communities implemented an array of projects (on average, six per community) that extended well beyond traditional health promotion and disease prevention. The most …

Scope, Scale, And Sustainability: What It Takes To Create Lasting Community Change, Tina R. Trent, David M. Chavis

The Foundation Review

· This article examines success factors that relate specifically to the ability of a comprehensive community initiative (CCI) to achieve the scope and scale required to generate community-level outcomes and to sustain those positive impacts over time.

· The CCIs selected for study represent a wide range of goals, strategies, and organizational structures.

· Six factors were found to cut across scope, scale, and sustainability. These factors include having a single broker or entity that holds the vision of the change effort; clearly defined roles; alignment among interventions, resources, and geography; meaningful community engagement; competent leadership and staff; and strategic, …

Using Community-Based Participatory Evaluation (Cbpe) Methods As A Tool To Sustain A Community Health Coalition, Leslie Aldrich, Daniel Silva, Danelle Marable, Erica Sandman

The Foundation Review

· Participatory evaluation has set the standard for cooperation between program evaluators and stakeholders. Coalition evaluation, however, calls for more extensive collaboration with the community at large.

· Integrating principles of community based participatory research and the Substance Abuse and Mental Health Services Administration’s Strategic Prevention Framework, which guides much coalition work, into coalition evaluation has proved useful to foster community affiliations and support reciprocal relationship building. The resulting evaluation method, named community based participatory evaluation (CBPE), takes time, money, and skilled personnel but can lead to more accurate results and coalition sustainability.

· The CBPE method has proved essential …

The Pros And Cons Of Comprehensive Community Initiatives At The City Level: The Case Of The Urban Health Initiative, Diana Silver, Beth C. Weitzman

The Foundation Review

· This article describes the trade-offs between the city-level and neighborhood-based approaches in examining the Robert Wood Johnson Foundation’s (RWJF’s) Urban Health Initiative (UHI), an $80 million, 10-year effort to improve the health and safety of young people.

· Eight cities engaged in a two-year planning process; five received funding for an eight-year implementation phase. Plans that engaged in bottom-up activities, but left power and control in the hands of civic, business, social service, and political leaders, were favored. Those who had focused exclusively on neighborhood-based approaches were not funded for implementation.

· RWJF chose a city-level focus because they …

The Challenges Of Place, Capacity, And Systems Change: The Story Of Yes We Can!, Pennie Foster-Fishman, Robert Long

The Foundation Review

· Yes we can!, a comprehensive community initiative (CCI) funded by the W. K. Kellogg Foundation, was designed to improve educational and economic outcomes within the foundation’s hometown of Battle Creek, Mich. Since 2002, Yes we can! has supported five core strategies designed to trigger the systems changes needed to reduce educational and economic inequities in Battle Creek.

· Yes we can! has achieved some important wins to date; for example, more residents are involved, more neighborhoods have stronger neighborhood associations, and more organizations are engaging residents in their decision-making processes. However, the scale of wins remains small, and the …

Philanthropy’S Civic Role In Community Change, Patricia Auspos, Prudence Brown, Anne C. Kubisch, Stacey Sutton

The Foundation Review

· This article describes six key roles for philanthropic organizations’ engagement in communities. It draws on Living Cities, a consortium of financial organizations, private foundations, and public sector organizations that has been working since 1991 to improve distressed neighborhoods in 23 cities.

· The six civic roles described are (a) convening and leveraging diverse networks of relationships, (b) developing local data and plans for community change, (c) leveraging new resources on behalf of communities, (d) mobilizing political will, (e) framing new messages about community development and communicating more strategically, and (f) generating and testing new ideas and building and sharing …

Foundation Readiness For Community Transformation: Learning In Real Time, Prudence Brown, Marie Colombo, Della M. Hughes

The Foundation Review

· This article describes the internal structures and processes adopted by The Skillman Foundation to support the iterative practice of “learning and doing” in the first phase of a rapidly evolving, ambitious community change enterprise in six Detroit neighborhoods.

· The foundation invested in its own and its partners’ capacity to learn in real time so that together they could adjust and readjust their strategies in response to initial results and, in doing so, deepen their working relationships and build further capacity for effective implementation.

· Challenges to supporting this learning culture included increased visibility and pressures to produce results …

Evaluating A Voter Outreach Initiative, Amy Dominguez Arms

The Foundation Review

· This article describes an initiative designed to increase voting rates among low-income and ethnic groups in southern and central California communities.

· A rigorous evaluation demonstrated that participation rates could be increased by up to 10% among these groups.

· Using local, well-trained canvassers and making contact during the four weeks preceding the election were some of the more effective practices.

A Road Made By Walking: Participatory Evaluation And Social Change, Janet Rechtman

The Foundation Review

· This article describes how participatory evaluation was used in a Ford Foundation–funded project to promote mixed-income housing in Atlanta.

· The project resulted in an increase in mixedincome housing, but also in social outcomes such as increased knowledge about housing issues.

· Validity and reliability of the findings are demonstrated through feedback from the community members, rather than through statistical methods.