Business Commons^™

How Do Investment Horizons Matter For Corporate Policies?, Kershen Huang, Alex Petkevich

HCBE Faculty Presentations

We examine the relation between institutions’ investment horizons on firms’ financing and investment decisions. Firms with larger short-term institutional ownership use less debt financing and invest more in corporate liquidity. In contrast, firms with larger long-term institutional ownership use more internal funds, use less external equity financing, and preserve investments in long-term assets. These results are driven primarily by the informational differences among institutions. We argue that short-term (long-term) institutions collect and use value-neutral (value-enhancing) information.

Investment Horizons And Information, Kershen Huang, Alex Petkevich

HCBE Faculty Presentations

We examine the relation between institutions' investment horizons on firms' financing and investment decisions. Firms with larger short-term institutional ownership use less debt financing and invest more in corporate liquidity. In contrast, firms with larger long-term institutional ownership use more internal funds, less external equity financing, and preserve investments in long-term assets. These results are driven significantly by information, in addition to the long-term demand shock of institutional ownership. We argue that short-term (long-term) institutions collect and use value-neutral (value-enhancing) information.

An Investigation Of The Key Factors That Affect The Adoption Of Smartphones In Global Midmarket Professional Service Firms, Mark S. Kocour

CCAC Theses and Dissertations

The evolution and proliferation of mobile devices (m-devices) in the workplace have been rapid. In comparison to conventional services provided by mobile phones (m-phones), smartphones feature sophisticated functionality, such as Internet access, video/audio streaming, and business productivity applications. As a consequence of increased demand for smartphones in the workplace, an understanding of the factors that determine the decision to adopt smartphones in business settings is necessary. The goal of this investigation was to identify the key factors that have an impact on the adoption of smartphones.

This dissertation investigation provided an understanding of the key factors that affect the adoption …

Transnational Companies And Radical Transformation Processes: A Study Of Performance In Comparison To Other Multinational Companies, Jorge Alejandro Palacios

HCBE Theses and Dissertations

The objective of this study was to answer the following question: Do organizations that were defined as having successfully adopted the transnational model, as per Bartlett and Ghoshal (1989), and labeled as transnational companies (TNC), perform significantly better than other multinational companies (MNC) when going through radical transformation processes?

This research question was answered through a mixed method research design. The first part used a quantitative research approach and evaluated the financial performance of TNCs selected from the Bartlett and Ghoshal (1989) research, using secondary data sources from 6 TNCs and 20 MNCs. The second part used a qualitative approach …

Trading Responses To Negative Signals, Mark W. Zikiye, Rebecca Abraham, Charles Harrington

HCBE Faculty Articles

Mergers may be undertaken by giving shareholders of the target firm the right to exchange their stock for stock in the combined firm. Such stock mergers release the negative signal that the acquiring firm lacks cash. Informed traders seeking immediate gain may short sell acquirer stock or buy puts and sell calls. Liquidity traders, desiring longterm gain, may purchase stock or call options to benefit from lower stock prices, or sell stock or buy put options to maintain liquidity. This paper constructs a theoretical model in which option volume forms the bounds of the final stock price for informed traders …

13th Annual Undergraduate Student Symposium, Farquhar Honors College

Undergraduate Student Symposium

The Undergraduate Student Symposium, sponsored by the Farquhar College of Arts and Sciences, presents student projects through presentations, papers, and poster displays. The event serves as a “showcase” demonstrating the outstanding scholarship of undergraduate students at NSU. The Symposium is open to undergraduate students from all disciplines. Projects cover areas of student scholarship ranging from the experimental and the applied to the computational, theoretical, artistic, and literary. They are taken from class assignments as well as from independent projects. The projects do not have to be complete; presentations can represent any stage in the concept’s evolution, from proposal and literature …

A Theoretical Model Of Directional Volume On Acquirer Stock In Cash Mergers, Mark W. Zikiye, Rebecca Abraham, Charles Harrington

HCBE Faculty Articles

The acquisition of a target firm in a transaction financed by cash is a cash merger. Announcements of cash mergers release the positive signal that the acquirer possesses cash reserves. As stock prices rise, informed traders may obtain abnormal returns by purchasing call options, selling put options or purchasing stock. This paper constructs a theoretical model in which call buy volume forms the upper bound of the final stock price, put sell volume forms the lower bound of the final stock price and stock purchase volume reveals the final stock price.

Creating A Wellness Culture Through Human Resources, Eleanor Marschke, Bahaudin G. Mujtaba

HCBE Faculty Articles

Healthcare costs in the United States have been increasing in recent years. The increase in healthcare costs and the lack of affordable health insurance affects many individuals and organizations. Human resources (HR) departments have started to take strategic steps to lessen the effect of high healthcare costs to the organization. Creating a culture of wellness at work and implementing workplace wellness programs, allows HR to support individual efforts towards a healthy lifestyle. By proving why organizations should invest in their most valuable asset, their employees, the human resources department can strengthen their position as a strategic partner. This paper addresses …

Follow Me! Followership, Leadership And The Multigenerational Workforce, Ronald M. Johnson

HCBE Theses and Dissertations

This research was designed to develop an understanding of today's multigenerational workforce with respect to a preferred styles or characteristics of followership and leadership. Specifically this research sought to determine if there was a relationship between an individual's generational cohort and the preferred styles of leadership and followership, as measured by implicit theories of leadership and followership. Therefore, this study draws upon generational theory (Mannheim, 1952), implicit theories of leadership (Epitropaki & Martin, 2004) and implicit theories of followership (Sy, 2010). The changes in the composition of the US workforce which have occurred, and which will continue to occur in …

Ceo Pay-Performance Sensitivity: A Multi-Equation Model, Rebecca Abraham, Judith Harris, Joel Auerbach

HCBE Faculty Articles

This study examines the variables influencing CEO compensation in the technology sector using both exclusively exogenous and interchangeably exogenous and endogenous variables. The study was confined to a single industry to isolate industry compensation practices which may be smoothed out in multi-industry studies. Multiple equations in a vector autoregressive model were used to explain compensation in recognition of the endogeneity of variables such as sales growth, stock returns and net income. Using US firms listed on the NASDAQ, we find that CEO compensation (measured separately as salary only, stock option grants only and total compensation from all sources) to be …

Reliability And Validity Of A Test Designed To Assess Combat Medics' Readiness To Perform Life-Saving Procedures, Connie C. Schmitz, Jeffrey G. Chipman, Ken Yoshida, Rachel Isaksson Vogel, François Sainfort, Gregory Beilman, Joseph Clinton, Jimmy Cooper, Troy Reihsen, Robert M. Sweet

HCBE Faculty Articles

Objectives: Reducing preventable deaths because of uncontrolled hemorrhage, tension pneumothorax, and airway loss is a priority. As part of a research initiative comparing different training models, this study evaluated the reliability and validity of a test that assesses combat medic performance during a polytrauma scenario using live animal models.

Methods: Nine procedural checklists and seven global rating scales were piloted with four cohorts of soldiers (n = 94) at two U.S. training sites. Cohorts represented “novice” to “proficient” trainees. Procedure scores and a mean global score were calculated per subject. The intraclass correlation was calculated per procedure, with 0.70 …

2014 Nsu Sharks Women's Volleyball Schedule, Nova Southeastern University

NSU Athletics Sports Programs and Media Guides

No abstract provided.

2014 Nsu Sharks Women's Soccer Schedule, Nova Southeastern University

NSU Athletics Sports Programs and Media Guides

No abstract provided.

Nova Southeastern University 2014 Annual Report, Nova Southeastern University

NSU Annual Reports

No abstract provided.

Exploring Differences In Work's Meaning: An Investigation Of Individual Attributes Associated With Work Orientations, Rita Shea-Van Fossen, Donald J. Vredenburgh

HCBE Faculty Articles

To understand better the meanings of work for individuals, we explored work orientation and examined empirically individual attributes of proactive personality, concern for others, concern for self, preference for challenging work, and work enjoyment as related to job, career and calling work orientations. Age, income, and employment security were identified as control variables. Our data derived from an online survey of full-time blue-collar and corporate employees in the auto industry (n = 251). Our study findings suggest preference for challenging work differentiates job, career, and calling orientations. We discuss the implications of our findings and suggest areas for future research.

Criminal Background Checks In The American Employment Process, Frank J. Cavico, Bahaudin G. Mujtaba, Stephen C. Muffler

HCBE Faculty Articles

This article examines the important and controversial topic of criminal background checks in employment. The topic of criminal background checks in employment is indeed an important as well as controversial and difficult one in the world of business today, as this hiring practice addresses core values in society. Yet these values can conflict. One societal value is the belief that if a criminal ex-offender has paid his or her “debt to society’; then opportunities, such as employment, should be made available to such a person, just like everyone else. Business owners and managers today, however, are concerned about having an …

The Origins Of Captive Pricing: Electric Lamp Renewal Systems, Regina A. Greenwood, Charles D. Wrege, Peter Gordon

HCBE Faculty Articles

Purpose – The purpose of this paper is to describe the development of electric lamp renewal systems, an early, successful program to encourage the adoption of new technology, electric lighting. Design/methodology/approach – Much material for the research comes from a variety of archival sources and publications of the early part of the twentieth century. Findings – The free lamp renewal system was brilliant and effective: its high level of customer service and human contact dispelled fear raised by the new energy source, increasing the acceptance and use of electric lighting and thereby electricity. Lighting, in the absence of electrical appliances, …

Historical And Modern Management Practices Applied At Disney World: Out With The Old And In With The New?, Sarah Patterson, Bahaudin G. Mujtaba

HCBE Faculty Articles

In today's expanding and ever-evolving global marketplace, managers are beginning to be required to work with their companies and employees in entirely different ways. Explained in-depth throughout the entirety of the article is the 20th century management techniques pioneered by Taylor, then reformed by Weber and Fayol, contrasted against the ahead-of-its-time behavioural management and the 21st century market-based management styles. Credit will, of course, be given where earned to the first style since it is focused on a centralised and bureaucratic method that worked extremely well in the Industrial Revolution time period. Nonetheless in today’s market place it is no …

Effects Of A Support System On A First Generation College Graduate's Career Development, Matthew Kaufman

HCBE Theses and Dissertations

Purpose: The purpose of this research is to identify and describe the impact of the support system on the career development of first generation college graduates.

Research Questions:

--What comprises the first generation college graduates' support system for each generation (i.e. social network, friends, family and colleagues and mentors)?

--What is the relative importance/influence of each support system component in career development for each generation?

Design/Methodology/Approach: There were a total of 21 in-depth interviews with equal number of participants for all three generations (Baby Boomers, X and Y). The interviews were recorded, transcribed and then coded. Further, there are cross …

The Impact Of Psychological Distance On Moral Behavior, Randi L. Sims, Baiyun Gong

HCBE Faculty Presentations

Immoral or unethical behavior is often at the center of scandal. It makes headline news and is the basis for considerable academic research and case analysis. Yet, moral behavior as a separate construct from moral intent, has not received the same attention. The purpose of this paper is to consider the importance of psychological distance on moral behavior. Within the context of moral behavior, psychological distance refers to felt or perceived differences between victim, offender, and moral agent. A brief review of related theory is offered as are four propositions tying the constructs of psychological distance, emotional intensity, and values …

Adolescent Obesity: A Barrier To Mate Selection?, Teresa Downing-Matibag, Florence Neymotin

HCBE Faculty Articles

The obesity epidemic is a barrier to the participation of adolescents in developmentally normative behaviors associated with mate selection, such as dating. Notably, the obesity stigma has important implications for the socioemotional development of adolescents in the realms of intimacy and peer acceptance, as well as for their future chances of marriage and healthy relationships.

H. Wayne Huizenga College Of Business And Entrepreneurship Graduate Student Catalog 2014-2015, Nova Southeastern University

Huizenga Postgraduate Course Catalogs

No abstract provided.

Sex Tourism In St. Thomas, United States Virgin Islands: An Exploratory Study, Elizabeth Estes

Department of Conflict Resolution Studies Theses and Dissertations

St. Thomas, United States Virgin Islands, is similar to other tourism dependent Caribbean nations where the tourism industry is dependent upon the `4 S's'- sun, sand, sea, and sex. This researcher posited that the phenomenon of sex tourism exists in St. Thomas as it does in other tourist destinations in the Caribbean like Jamaica, Belize, Costa Rica, Dominican Republic and Barbados (Bailey and Ricketts, 2003; de Albuquerque, 1998; Munshi, 2006; Ryan and Kinder, 1996). The lacuna of any U.S. Virgin Islands sex tourism literature prompted this researcher to conduct an exploratory case study in St. Thomas to learn whether or …

Identifying The Factors That Influence Conflict Management Behavior Of Human Resource Professionals In The Workplace: An Analysis Of The Relationship Between Personality And Conflict Management Behavior, Gail Joyce Shapiro

Department of Conflict Resolution Studies Theses and Dissertations

Effective conflict management in the workplace can reduce the negative consequences of conflict. These negative outcomes can include low productivity, health-related stress, increased employee turnover, or litigation. A Human Resource (HR) professional can help mitigate these negative outcomes in the workplace when using effective conflict management behavior with employees. However, there is a void in research pertaining to HR professionals’ use of conflict management behavior.

This quantitative, correlational research study examined whether personality has an impact on assertive or cooperative conflict management behavior of HR professionals in the workplace. Statistical testing found a significant relationship between the harmonious, people-person (a …

Improving Professional Skills Through Adversity: A Phenomenological Study Of Mergers And Acquisitions, Randy Anita Rutledge

Department of Conflict Resolution Studies Theses and Dissertations

Company mergers and acquisitions often create tremendous conflict for employees because they force them into a spiral of organizational change. In this environment, employees are challenged with redefining themselves within a new organization. The purpose of this phenomenological study was to discover and explain the particular conflict experiences of professional employees who experienced the merger and acquisition of their company. A phenomenological research study was conducted to discover and describe the shared conflict experiences of professional employees during the merger and acquisition of their consulting firm. Semi-structured in-depth interviews were conducted with 17 self-identified professional employees. It was found through …

Generational Changes In Latin American Culture, Sergio Madero, Jamie Ruiz Gutierrez, Regina A. Greenwood, Edward Francis Murphy, Julia Teahen, Silvia Ines Monserrat, Miguel R. Olivas-Lujan, Neusa Maria Santos

HCBE Faculty Presentations

Our research study expands the frontiers of knowledge concerning Latin American culture by exploring generational changes in the three components of culture: values, attitudes and behaviors. We examined generational changes in Latin American values, attitudes towards women and Type A stress behaviors with two population cohorts (2006 and 2012) of working adults in Argentina, Brazil, Colombia and Mexico.

An Exploration Of Cross Cultural Similarities And Differences And Interrelationships In Work-Family And Family-Work Conflict Attitudes And Type A Stress Behaviors In Argentina, Brazil, Colombia, And Mexico, Julia Teahen, Regina A. Greenwood, Edward Francis Murphy, Jaime Ruiz-Gutierrez, Silvia Ines Monserrat, Neusa Maria Santos, Miguel R. Olivas-Lujan, Sergio Madero, Arnel Onesimo

HCBE Faculty Presentations

A question of significant importance in today’s global marketplace is how employees balance their conflicting work and family lives. The purpose of this paper is to explore cross-cultural differences and interrelationships between work-family conflict and family-work conflict and Type A stress behaviors in working adults in Argentina, Brazil, Colombia and Mexico.We found statistically significant crosscultural differences between Argentina, Brazil, Colombia and Mexico for work-family and family-work conflict and for Type A stress behaviors; we also found both positive and negative correlations between the work-family and family-work conflict and Type A stress behaviors.

Development And Pilot Of An Advance Care Planning Website For Women With Ovarian Cancer: A Randomized Controlled Trial, Rachel Isaksson Vogel, Sue V. Petzel, Julie Cragg, Molly Mcclellan, Daniel Chan, Elizabeth Dickinson, Julie Jacko, François Sainfort, Melissa A. Geller

HCBE Faculty Articles

Objective Few available tools facilitate cancer patients and physicians' discussions of quality of life and end-of-life. Our objective was to develop a web-based tool to promote advance care planning for women with ovarian cancer.

Methods Women with ovarian cancer, their families, clinicians and researchers met to identify ways to improve cancer care. A prototype website was created to address advance care planning, focusing on advance healthcare directives (AHD) and palliative care consultation. Patients were recruited from a gynecologic oncology clinic for a pilot randomized controlled trial. Primary outcomes included completion of an AHD and palliative care consultation.

Results At study …

Leader Innovation Profile: Assessing The Role Of Leader Sagacity, Cynthia P. Ruppel, Eleanor Lawrence, Leslie C. Tworoger

HCBE Faculty Presentations

This action research study examines creativity and innovation at the organizational level of a top management team. This research examines the personality characteristics and behaviors of an executive team that facilitated and fostered creativity and innovation. This study applies Simmons and Sower’s (2012) theory of leader sagacity to frame our understanding of leadership characteristics and behaviors associated with creative and innovative global organizations. The study findings highlight the importance of leadership characteristics and the role of the leader in the design and development of a creative and innovative organizational climate. This study suggests that creativity and innovation at the organizational …

Exploring The Emerging Economy Context: Smes And Social Capital In Brazil, Ruth Clarke, Ramdas Chandra, Marcilio Machado

HCBE Faculty Presentations

This exploratory, empirical study reports on social capital in a commodity-based industry in an emerging market context. We examine whether Brazilian entrepreneurs and SMEs in the Stone industry experience contextual normative pressure sufficient to retard or promote the growth of social capital. Further we link social capital development to internationalization and performance. We find that there is a lack of social capital development and propose that this is related to the country context of Brazil and the stage of development along the industry value chain. We begin to answer the question, essentially, are the benefits of social capital universally implementable …