Business Commons^™

The Economic Surplus, The Baran Ratio, And Long Wave Cycles, Thomas E. Lambert

Faculty and Staff Scholarship

This paper briefly outlines the idea and development of the economic surplus concept at the macroeconomic level as opposed to the one in microeconomics often labeled as a Marshallian surplus. Of special interest and focus is the concept as developed and used by heterodox economists. The notion of a residual amount of output or income over and above what is necessary for a society’s consumption (education, housing, food, clothing, health care, transportation, and other necessities of life) that can be used either for further consumption by an elite class, used for reinvestment in productive activities, and/or wasted on unproductive efforts …

Growing Up Under Mao And Deng: On The Ideological Determinants Of Corporate Policies, Hao Liang, Rong Wang, Haikun Zhu

Research Collection Lee Kong Chian School Of Business

Historically, economic activities have been organized around certain ideologies. We investigate the impact of politicians’ ideology on corporate policies by exploring a unique setting of ideological change—China from Mao to Deng around the 1978 economic reform—in a regression discontinuity framework. We find that the age discontinuity of politicians around 18 years old in 1978, who had already joined the Chinese Communist Party (CCP) or joined soon thereafter and later became municipal paramount leaders, has had a lasting effect on contemporary firm- and city-level policies. In particular, firms in cities with mayors that joined the CCP under the ideological regime of …

Measuring The Learning Effectiveness Of Two Courses In A Program In Accounting Data And Analytics, Clarence Goh, Duan Ning, Magdeleine Lew, Gary Pan, Poh Sun Seow

Research Collection School Of Accountancy

Driven by rapid technological innovation, information technology (IT) is expected to significantly alter the way that accountants work. However, both accounting researchers and practitioners have observed a shortage of accounting professionals who currently possess the relevant technology skillsets to exploit technological advances. In response, the School of Accountancy of a Singapore-based university launched a second major program in Accounting Data and Analytics in 2018. In this study, we examine the learning effectiveness of two courses – Business Data Management and Data Modelling & Visualization – offered as part of the program. Overall, our results suggest that the courses are effective …

The Effect Of Risk Profile In Pandemi Outbreak To Banking Financial Performance Case Study In Indonesia, Fajar Abdullah

Journal Of Middle East and Islamic Studies

The risk profile that occurred within the scope of banking during the Covid 19 pandemic which was quantitatively reflected in the microeconomic ratios of the BOPO, NPF/NPL, FDR/LDR ratios, and macroeconomics in this case, inflation and the USD exchange rate, were the main factors in the decline in the soundness level bank which is reflected in the value of the bank's financial performance ratio, namely Return on Assets due to. The objects in this study are the general Islamic and conventional banking industry, with data observations including BOPO, NPF/NPL, FDR/LDR, inflation, and the USD exchange rate. By comparing the effect …

Front Matter

The Foundation Review

No abstract provided.

Book Review: Changing Systems, Changing Lives: Reflecting On 20 Years, Kennedy Musyoka, Emily Irungu, Margaret F. Sloan

The Foundation Review

No abstract provided.

Tfr 15.2 Full Issue

The Foundation Review

No abstract provided.

How Foundations In An Aligned-Action Network Start To Move To Equity In Philanthropy: Findings From A Year Of Observations And Interviews, Jamie Levine Daniel, Tuyen K. Dinh, Laurie Paarlberg

The Foundation Review

Community foundations across the United States hold a powerful role in leading meaningful social change toward an equitable future. Despite their unique leadership role at the intersection of place, race, wealth, and inequality, we understand little about how these foundations understand and implement efforts that are responsive to issues in their communities, especially those that have been historically marginalized. This article examines how community foundations within an aligned-action network are engaging in philanthropic efforts through their shared commitment to advancing social and economic mobility. Using data from interviews with foundation staff, network meeting observations, and network documents over the course …

From Philanthropoid To Foundation Professional: Reflecting On A Century Of Staff Role Development In U.S. Private Foundations, Michele Fugiel Gartner, Tobias Jung, Alina Baluch

The Foundation Review

Scholarship on foundations has tended to focus on the organizational level or their societal roles. Less attention has been given to foundations’ internal dynamics. Thus, how the roles of foundation staff have developed and evolved has been largely overshadowed. To better understand this development, this article focuses on the individual professional. After a review of a century of research on foundation staff roles, this article maps and synthesizes four research periods highlighting the impact of philanthropic events on role evolution, demonstrating a movement from amateur traditions to emerging professional influences. Then, it critically reflects on the literature, particularly its U.S.-centricity …

Exploring Flexibility In Philanthropic Funding For Place-Based Efforts To Improve Community Health: Reflections On A New York State Multisite Initiative, Beth C. Weitzman, Courtney Abrams, Bronwyn Starr, Irfan Hasan, Amy Shire, Brian Elbel, Carolyn Berry

The Foundation Review

Place-based efforts represent a key approach for philanthropies committed to addressing social determinants of health. This article shares insights and reflections from an experience funding and evaluating the Healthy Neighborhoods Initiative, a $22 million, six-year, place-based effort by two grantmaking foundations in nine geographically and demographically diverse communities across New York state. The initiative aimed to facilitate healthy living by fostering environmental and policy changes to enhance access to nourishing, affordable food and effective spaces for physical activity. Strategies to attain the goals were identified by actors most familiar with local community conditions. The funders provided substantial technical assistance, opportunities …

Back Matter

The Foundation Review

No abstract provided.

Editorial, Teresa R. Behrens

The Foundation Review

No abstract provided.

Systems-Change Philanthropy: It’S Essential, And It’S Our Responsibility, Emily Bhandari, Alison Mohr Boleware, Octavio N. Martinez Jr.

The Foundation Review

The Hogg Foundation for Mental Health’s mission is to transform how communities promote mental health in everyday life. Policy engagement — fundamental to improving the social and structural determinants of mental health — has always been a strategic priority for the foundation, which has become a trusted resource for mental health and substance use policy issues in Texas. Yet, the state’s mental health and substance use policy community is limited in size, capacity, and training.

To address that reality, the Hogg Foundation for Mental Health Policy Academy and Policy Fellow Initiative was launched to invest in a mental health policy …

Community Building As A Philosophy, Not An Initiative, Anne C. Kubisch, Kasi Allen, Max Gimbel

The Foundation Review

What happens when a foundation invests in community building for the long haul? The Ford Family Foundation, a rural embedded funder in southern Oregon, has made that transition over the past decade. The result is a transformed organization with a 10-year strategic plan focused on helping rural communities build the futures that they want to see — places where children and families can thrive.

The foundation is pursuing community building not as a stand-alone strategy or “initiative,” but as a philosophy that guides local community development efforts based on capacity building and grantmaking based on partnerships. The shift to a …

Leader Apology In The Employee-Organization Relationship: The Roles Of Subordinate Power Distance Belief And Leader Competence, Xingyu Wang, Xueqi Wen, Zihan Liu, Yuzhuo Jiang, Mingyun Huai

Research Collection Lee Kong Chian School Of Business

According to the organizational support theory, leaders’ words and deeds are not only the products of their own will but also a reflection of organizations’ standpoints. We thus focus on leader apology in the case of organizational transgressions and predict that leaders’ apologetic acts are likely to influence employees’ organizationoriented attitudes and behaviors. Specifically, leader apology is hypothesized to positively influence employees’ perception of organizational support, which in turn, is positively associated with employees’ helping and risk taking behavior. Furthermore, drawing upon the organizational support theory that delineates the discretion and value perceived in the employee-organization relationship, we further propose …

How Transformational Leadership Transforms Followers’ Affect And Work Engagement, Benjamin Bader, Michael Gielnik, Ronald Bledow

Research Collection Lee Kong Chian School Of Business

How do episodes of transformational leadership transform followers? To address this question, we build on theories of affective events and affect regulation and develop a research model that explicates a mechanism of the transformation process implicit in transformational leadership theory. Specifically, the model explains how experiencing episodes of transformational leadership transforms (i.e., changes) followers’ positive affect and eventually their work engagement by fulfilling followers’ basic psychological needs. We tested our model in two independent longitudinal samples using daily and weekly measurement designs with 214 (N = 75) and 147 (N = 54) lagged observations, respectively. In support of our model, …

Automatic Scoring Of Speeded Interpersonal Assessment Center Exercises Via Machine Learning: Initial Psychometric Evidence And Practical Guidelines, Louis Hickman, Christoph N. Herde, Filip Lievens, Louis Tay

Research Collection Lee Kong Chian School Of Business

Assessment center (AC) exercises such as role-plays have established themselves as valuable approaches for obtaining insights into interpersonal behavior, but they are often considered the “Rolls Royce” of personnel assessment due to their high costs. The observation and rating process comprises a substantial part of these costs. In an exploratory case study, we capitalize on recent advances in natural language processing (NLP) by developing NLP-based machine learning (ML) models to investigate the possibility of automatically scoring AC exercises. First, we compared the convergent-related validity and contamination with word count of ML scores based on models that used different NLP methods …

Multiple, Speeded Assessments: Initial Evidence On Subgroup Differences And Applicant Perceptions, Filip Lievens, Jan Corstjens, Christoph N. Herde

Research Collection Lee Kong Chian School Of Business

Recently, shorter assessments have emerged as potential alternatives for more resourceful traditional selection approaches. Multiple, speeded assessments (MSAs) represent such an alternative. In MSAs, candidates participate in a large number of short (a maximum of 5 min), behavioral simulations in which they face a variety of job situations. Initial psychometric evidence on the validity of MSAs is promising. Yet, validity represents only one piece of evidence. It is not known whether MSAs disadvantage specific subgroups, which may inhibit diversity. There is also no information on candidates' experience of going through an MSA, which is pivotal for the attractiveness of the …

Mindfully Outraged: Mindfulness Increases Deontic Retribution For Third-Party Injustice, Adam A. Kay, Theodore Charles Masters-Waage, Jochen Reb, Pavlos A. Vlachos

Research Collection Lee Kong Chian School Of Business

Mindfulness is known to temper negative reactions by both victims and perpetrators of injustice. Accordingly, critics claim that mindfulness numbs people to injustice, raising concerns about its moral implications. Exam-ining how mindful observers respond to third-party injustice, we integrate mindfulness with deontic justice theory to propose that mindfulness does not numb but rather enlivens people to injustice committed by others against others. Results from three studies show that mindfulness heightens moral outrage in witnesses of injustice, particularly when the injustice is only moderate. Although these findings did not replicate with a mindfulness induction, post-hoc analysis in a fourth study reveals …

Disagreement In Market Index Options, Guilherme Salome, George Tauchen, Jia Li

Research Collection School Of Economics

We generate new evidence on disagreement among traders in the S&P 500 options market from high-frequency intraday price and volume data. Inference on disagreement is based on a model where investors observe public information but agree to disagree on its interpretation; disagreement among investors is captured by the volume–volatility elasticity. For options, there are two natural variables related to disagreement: moneyness and tenor, which we relate to disagreement about the distribution of the market index at different quantiles and times. The estimated volume–volatility elasticity equals unity for options near the money and close to expiration, which is consistent with the …

Singapore Management University (Smu): Tracking The Strategy Evolution Of A Start-Up University, Michelle P. Lee, Howard Thomas, Alex Wilson

Research Collection Lee Kong Chian School Of Business

The year 2020 marked the 20th anniversary of the Singapore Management University (SMU). SMU exists in an ecosystem for higher education that is quite unlike what one might find in other parts of the world. The supportive and stable environment the Singapore government provided in terms of its funding and policies meant a more predictable environment within which a university can make long-range planning. Singapore's development since its independence in 1965 has been undergirded by the belief that a strong educational system is the backbone of the country's economic development. The Era of Evolution is a story of both implementation …

Economic Evaluation Of Route Choice Characteristics For Company Truck Drivers And Owner-Operator Truck Drivers In Southern California Freeways, Joseph J. Kim, Jose Alejandro Arroyo Turcios

Mineta Transportation Institute

To contribute to the understanding of freeway capacity and financing options, this study evaluates the demand for truck-only toll lanes on Southern California freeways. The study implemented surveys to both company truck drivers and owner-operator truck drivers to estimate the value they place on time, reliability, and safety measures. The research team met face-to-face with both types of truck drivers near the Ports of Los Angeles and Long Beach to understand the drivers’ perspectives regarding truck-only toll lanes on Southern California freeways. A data set containing 45 surveys out of 62 survey responses were used for statistical analysis. The results …

The Evaluation Of Employee Tax Incentive During Covid-19 Pandemic: A Study On Commerce Industry In Jakarta, Umar Hamzah, Maria R.U.D. Tambunan

BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi

The Covid-19 pandemic has had impacts on various aspects of human life, particularly economic activities. In response to this situation, the government issued an income tax incentive policy for employees borne by the government (PPh 21 DTP) to maintain the purchasing power of the community, especially for employees during the pandemic. Until the end of 2020, the realization report of this incentive utilization was still low, reaching only 29.8% of the budget ceiling. This study aims to evaluate the PPh 21 DTP tax incentive policy using Dunn's policy evaluation criteria (2004). Policy evaluation covers aspects of effectiveness, efficiency, sufficiency, fairness, …

Defining Social Inclusion For People With Disabilities In Governance: Scoping And Thematic Literature Review, Ismi Dwi Astuti Nurhaeni, Prama Wiratama, Intan Sani Putri, Asbiyal Nurdin, Asal Wahyuni Erlin Mulyadi, Tiyas Nur Haryani, Desiderius Priyo Sudibyo

BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi

Consensus on a precise definition of social inclusion for people with disabilities remains elusive. This study aims to systematically review the definition of Social Inclusion for People with Disabilities in Governance (SIPDG) based on the related literature and offer basic theoretical insight into what might be considered relevant for establishing a definition of SIPDG. A scoping review was conducted with a qualitative synthesis of literature from SCOPUS. Articles were identified by final keywords of "social inclusion" AND “disability”*. The search produced 8,305 articles, of which 149 articles were included in the scoping review. A coding method was applied in the …

The Influence Of Internal Marketing On Employee Performance In The Ghanaian Public Sector: The Mediating Role Of Organizational Commitment, Francis Osei, Alfred Owusu, Collins Kankam-Kwarteng, Gertrude Agyemang

BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi

This research assessed the influence of internal marketing on employee performance in the public sector of Ghana, as mediated by organizational commitment. This research was conducted on a total of 300 public sector workers in Ghana, of whom 200 responses were received, representing a response rate of 66.6%. Purposive and convenience sampling techniques were adopted. The PLS-SEM technique was implemented to determine the associations among the variables. The research results reveal significant associations among internal marketing, employee performance, and organizational commitment. Moreover, a partial role is played by organizational commitment. The research findings indicate that the public sector, particularly Metropolitan, …

A Talent Management Based Framework For Developing Sustainable Quality Of Work Life In Architectural Design Firms In Egypt, Ayman Ahmed Ezzat Othman, Marwa Naguib Elwazer

Architectural Engineering

Purpose –This research aims to develop a talent management (TM) based framework to achieve a sustainable quality of work life (QWL) in architectural design firms (ADFs) in Egypt.

Design/methodology/approach – A research methodology consisted of literature review, case studies and a survey questionnaire, was designed to achieve the abovementioned aim. Firstly, the literature review was used to investigate the work environment’s demotivating factors in ADFs, TM strategies and process to depict the relationship between developing sustainable QWL and TM and finally explore how TM can assist in achieving Egypt’s vision 2030. Secondly, three case studies of ADFs from Denmark, Norway …

Globalizing Investments: Enhancing Retail Investor Portfolios Through Cross-Asset International Diversification, Charlotte T. Kline

University Honors Theses

Diversification is frequently reiterated, but for the standard retail investor, the what, how, and why often slide between the cracks. Diversifying internationally appears even more seldom discussed. A wealth of research has been integrated throughout this paper to focus on the what, how, and why of foreign diversification, all from a retail investor's perspective. This synthesis provides a comprehensive background followed by a discussion of a variety of asset classes available for diversification and biases and factors that lead to these gaps in diversification. The findings were divided into two categories: possible asset classes favorable to international diversification and causes …

Meeting Physical Needs Of Vulnerable Communities To Intersect With Spiritual Needs, Joy Kauffman, Audrey Ahwan, Ronda Christman

Adventist Human-Subject Researchers Association

This presentation will describe the FARM STEW Certified Home study and participants current health practices. The majority of the participants reported that they had a tippy tap (sink with soap or ash). Many had a garden growing fresh vegetables and were participating in the savings account/ VSLA.

Payments Data In Gambling Research, Kasra Ghaharian, Mana Azizsoltani

International Conference on Gambling & Risk Taking

A considerable body of gambling-related research has leveraged gamblers' behavioral tracking data to address a broad set of research questions. These data have typically comprised of gamblers' betting-related behaviors including, for example, the frequency and volume of betting. The analysis of gamblers' payment-related behavioral data is far less common, but provides a fruitful avenue gambling-related research.

In this presentation we discuss a selection of potential research opportunities that payments transaction data presents. We supplement this discussion with specific analyses that have been performed by our research group. We also discuss knowledge gaps and areas for future research.

Ua80 Treasurer's Report, W Club

University Organizations

W Club Treasurer's report, May 25, 2023.