Business Commons^™

Board Gender Diversity, Ceo Turnover, And Firm Performance In Entrepreneurial Firms, Matthew Imes, Mark West, Jessica West, Shan Yan

The Journal of Entrepreneurial Finance

This article examines recent literature on corporate boards and the interplay between director gender and CEO turnover and how it affects firm performance after CEO turnover. The primary focus is board gender diversity and CEO job embeddedness in entrepreneurial firms. This article discusses gender diversity and the frequency of CEO turnover. This paper finds that board gender diversity is associated with lower CEO involuntary turnovers and better overall performance in entrepreneurial firms. The article highlights how board gender diversity, especially in small firms, provides a unique pathway to create firm value and examines recent evidence on how gender diverse board …

Historical Perspectives In Volatility Forecasting Methods With Machine Learning, Zhiang Qiu, Clemens Kownatzki, Fabien Scalzo, Eun Sang Cha

Seaver College Research And Scholarly Achievement Symposium

Volatility forecasting in the financial market plays a pivotal role across a spectrum of disciplines, such as risk management, option pricing, and market making. However, volatility forecasting is challenging because volatility can only be estimated, and different factors influence volatility, ranging from macroeconomic indicators to investor sentiments. While recent works suggest advances in machine learning and artificial intelligence for volatility forecasting, a comprehensive benchmark of current statistical and learning-based methods for such purposes is lacking. Thus, this paper aims to provide a comprehensive survey of the historical evolution of volatility forecasting with a comparative benchmark of key landmark models. We …

Mindset, Virtue Signaling And Volunteering, Corinne Novell, Steven Bauer, Alice Labban, Yingfan Zhu

Seaver College Research And Scholarly Achievement Symposium

Virtue signaling, or publicly showing off one’s good character or actions to others, has been studied in many contexts. This research expands on previous work and focuses on investigating the impact of fixed vs. growth mindsets on virtue signaling in a volunteering context. Mindsets, in the context of this research, are the beliefs people hold about the consistency of human’s personality as well as their moral characteristics. We hypothesize that given the different goal orientations of people with growth vs. fixed mindsets, the impact of obligatory virtue signaling on volunteer behavior will be stronger among people with a growth (vs. …

Gamification As An Effective Method In Developing Leadership Skills And Competencies, Tianshi Hao, Ziyi Liu, Hanhui Bao, Siyuan Chen, Jesse Llamas, Michael Llamas

The Scholarship Without Borders Journal

Gamification, the incorporation of game design features into non-game environments, has been implemented in a variety of disciplines, including education, sustainability, language learning, and workplace transformation. According to research, workplace gamification enhances employee engagement and productivity. The gaming business has leveraged incentives and motivation to drive behavior and participation. This literature study assesses gamification's potential as a technique for leadership development and competency building. Leadership is characterized by a combination of personality characteristics, knowledge, abilities, and behaviors. Existing leadership competency analysis frameworks include emotional intelligence and taxonomies such as Gallup's "Strengths Finder." Through points, levels, and leaderboards, gamification has been …

The Angel Wears Prada, The Devil Buys It On The Realreal: Expanding Trademark Rights Beyond The First Sale Doctrine, Junajoy Vinoya Frianeza

Pepperdine Law Review

Luxury brands derive their goodwill from the high-class exclusivity and first-rate quality signified in their trademarks. The Trademark Act of 1946, commonly known as the Lanham Act, grants trademark holders the right to control use of their mark. However, under common law, the first sale doctrine restricts trademark protection after holders authorize the initial sale of their trademarked product. Such limitation particularly jeopardizes the luxury industry as trademark holders ultimately bear the loss of goodwill when counterfeit luxury goods enter the market due to the negligence of resellers. This Comment illustrates how blockchain authentication offers all luxury industry participants—the brands, …

Leadership In Social Service Non-Profit Organizations: An Interpreative Phenomenlogical Analysis Of Executive Leadership High Attrition Levels And Proposals For Change, Stephanie Fredericka Wanza

Theses and Dissertations

The purpose of this study is to address how leaders who are employed at non-profit organizations can utilize change management frameworks, leadership style, strategic planning and organizational best practices to reduce attrition levels at their organizations. The focus of this study is three-fold: a) to understand why high attrition takes place at non-profits; identify what change model/s, types of leadership styles and best practices can be effective in reducing leader attrition, b) explore the development of a leadership framework by understanding how to manage change at nonprofits through the Carnall (1986), Shields (1999) and Cummings and Worley (2009) change management …

Public Target Selection And Family Firms, Ezgi H. Ottolenghi

The Journal of Entrepreneurial Finance

We examine the relation between ownership structure and M&A target selection when family firms pursue public firm acquisitions. We find that family firm acquirers select targets that have lower Tobin’s Q relative to non-family acquirers. Our results suggest that family firms choose to acquire less glamorous targets against which they can better negotiate. The market reacts more positively to these family firm acquisitions at announcement and out to one year. It is family firm target selection skill along with negotiation skill that leads to the favorable market reception.

Leadership, Service, And Wicked Problems: Impact Of War, Lack Of Funding, And Covid-19 In Service Of Those With Fewer Opportunities, Ruth V. Akumbu

The Scholarship Without Borders Journal

As the world and organizations struggled to overcome the challenges created by the COVID-19 pandemic, I, the Founder and CEO of Plant A Seed, also known as Plant a Seed Africa, used this chaotic period to assess and address issues facing the organization. Multiple challenges are addressed, including the pandemic, financial, political, and leadership. I created a new leadership strategy that switches between pacesetting, visionary, and transformational leadership styles. The new organizational change model will use the 5-F or Plant A Seed 5-F model.

Measuring Female Factor In Determinants Of Entrepreneurship: Illustration By Case Of Côte D'Ivoire Through A Quasi-Experimental Ex-Post Approach, Salif Koné

The Journal of Entrepreneurial Finance

Purpose of this article is to find out whether determinants of women entrepreneurship are different from those of men’s entrepreneurship in general and specifically in Côte d’Ivoire. To do this, we conducted a quasi-experimental analysis using non-parametric and parametric approaches to survey data on a sample of 161 entrepreneurs in Côte d'Ivoire, 113 of whom were women and 48 men. Our survey was designed and conducted to neutralize the socio-demographic and conjunctural differences between men and women entrepreneurship in order to produce matched data. Our analysis shows that determinants of male and female entrepreneurship in Côte d'Ivoire are not fundamentally …

Alternative Sources Of Financing And The Sustainability Of Cameroonian Start-Ups, Félix Zogning, Mireille Bityé, Massoussi Ma Goued Samuel Emile

The Journal of Entrepreneurial Finance

The objective of the paper is to assess the contribution of alternative sources of financing to the survival of SMIs through an analysis of start-ups in Cameroon. Our study employs a qualitative multisite case study methodology. Data was collected from both documentary and primary sources. For the primary data, we conducted semidirected interviews with five start-ups operating in four fields of activity (agriculture, health, finance and ICTs) to assess in depth the behaviour of various promoters who have received alternative financing at least once. The results of our manual and automated analysis led to two major findings: firstly, it is …

2023 Private Capital Markets Report, Craig R. Everett

Pepperdine Private Capital Markets Report

The Pepperdine private cost of capital survey was originally launched in 2007 and is the first comprehensive and simultaneous investigation of the major private capital market segments. This year’s survey specifically examined the behavior of senior lenders, asset‐based lenders, mezzanine funds, private equity groups, venture capital firms, angel investors, privately‐held businesses, investment bankers, business brokers, limited partners, and business appraisers. The Pepperdine survey investigated, for each private capital market segment, the important benchmarks that must be met in order to qualify for capital, how much capital is typically accessible, what the required returns are for extending capital in today’s economic …

The Misguided Journey To Queflation, Jannie Rossouw, Darrol J. Stanley

Graziadio Working Paper Series

No abstract provided.

The Role Of Social And Technological Predispositions In Participation In The Sharing Economy, Doreen E. Shanahan, Cristel A. Russell, Nelson Granados

All Faculty Open Access Publications

This study contributes to the growing body of research on drivers of participation in the sharing economy. We extend the well-established technology acceptance model and include layers of personality architecture related to the social nature of these markets (extraversion) and their technology intermediation (technology proclivity). Findings from a cross-sectional survey (n = 292) show that extraversion is related directly to the intention to use sharing economy applications, such as in-home gig services, and related indirectly to likelihood to use these technologies and to engage as a provider of such services, through technology proclivity and the technology’s perceived usefulness.

The Role Of Personality, Self-Disclosure, And Envy In Maladaptive Social Media Engagement, Doreen E. Shanahan, Cristel A. Russell, Jillian R. Alderman

All Faculty Open Access Publications

Through online social networks, individuals establish and maintain social connections to satisfy their need to belong. Recent research suggests that taken too far, one’s need to belong can increase envy and lead to maladaptive social media behavior aligned with obsessive-compulsive disorder. This study examines the role of two personality traits, one’s intrinsic need to belong and trait reactance, on feelings of envy and the self-disclosure processes that lead to obsessive-compulsive disorder on social networks. A sample of 354 U.S. adult users of Facebook completed a survey measuring individuals’ need to belong, trait reactance, envy, self-disclosure, and online social network obsessive-compulsive …

Exploring Prosocial Theories For Teaching Civility In Baccalaureate Level Business Communication, Mikelle Barberi-Weil

Theses and Dissertations

The paralysis of civility and the heightened acrimony in both public and private fora is considered a detriment to the health of a high-functioning and prosperous society. In the context of contemporary culture, the potential conflict between people with antithetical values and antithetical ideologies in a nonconsensual and neutral-ground locale is at a heightened level. When two people are obligated to each other in professional environments, they need to get along. Yet, as organizations have flattened and gone casual over recent decades, the boundaries of traditional politeness and respect have diminished (Andersson & Pearson, 1999). Leadership and organizational environments are …

Psychological Safety In Startup Organizations, Jessica Barhydt

Theses and Dissertations

Psychological safety is an individually held belief that a group is safe for interpersonal risk-taking. Scholars have studied the concept primarily as a team-level construct. However, recent studies suggest that climates of psychological safety exist at the organizational level. An examination of the dynamism of the construct at the organizational level is needed: how it grows, changes, and declines. Startups, which grow and change quickly, are an excellent context to study organizational psychological safety. Through interviews, this study explored psychological safety as an organizational-level construct in startup organizations. Specifically, it examined potential commonalities between high and low psychological safety as …

An Examination Of The Saudi Arabian Citizens’ Perception On Leisure Tourism’S Impact On Culture In Saudi Arabia, Ihsan Bayaa

Theses and Dissertations

This dissertation aims to understand the perception of Saudi Arabian citizens on the impact of leisure tourism on culture in the country. Given that Saudi Arabia is the second most popular tourist destination in the Middle East, with more than 16 million visitors in 2017, and that the leisure tourism industry is rapidly expanding, it is important to examine the impact of this growing industry on the local culture.

This study is significant as it provides valuable insights into the perceptions of Saudi Arabian citizens on the impact of leisure tourism on their culture and ways it may shape their …

Effects Of Corporate Cultural Distance On Private Company M&A Outcomes, Court Carruthers

Theses and Dissertations

Despite nearly $5 trillion of annual global merger and acquisition (M&A) activity, the degree of shareholder value created by M&A remains a topic of debate. The historical view is that M&A does not increase value for acquiring firms, however recent public company financial research suggests that returns are highly variable, rather than uniformly negative. Cultural differences between acquiring and acquired companies, or corporate cultural distance (CCD), are noted as a potential cause of this variability, however, public company findings remain inconclusive. Although private equity (PE) is responsible for approximately 20% of annual M&A transaction value, nearly all prior research is …

Exploration And Implementation Of Seaport Manatee To Relieve The Supply Chain Congestion At California Ports, Diane Wells Maclennan

Theses and Dissertations

For the global economy to thrive, a stable supply chain network is imperative to provide control of the seamless flow of goods. What is detrimental to supply chain performance due to inconsistency can be costly and consequently cause out-of-stock items, deficient use of container storage capacity and faulty logistics planning. This feasibility study examined leadership decisions in the face of supply chain turbulence. The analysis introduces the congestion free SeaPort Manatee in Palmetto, Florida. It establishes how this seaport could offer an alternative sea trade path to alleviate the supply chain strain since the U.S. will most likely continue to …

Survive And Thrive: An Exploration Of Methods Implemented By Small Businesses In The Construction Industry To Sustain Their Business Beyond 5 Years, Tamar Barsoumian

Theses and Dissertations

Small businesses represent an influential portion of the American economy yet retain a high rate of closure especially in their early years, therefore; this study sought to address a lack of available research regarding small businesses in the construction industry, by investigating the methods and strategies existing small business owners use to support business survivability, in the regionally specific area of Southern California. The purpose of this study was to investigate strategies used by existing construction industry small businesses, identify the challenges experienced as a construction industry small business organization in Southern California, and determine how the small business owners …

An Application Of Lewin In A Trans-Pandemic World: A Narrative Inquiry In A Case Study With A Suggested Model For The Future, Chandler Barksdale Ewell Caldwell

Theses and Dissertations

Change is constant in today’s post-pandemic world. This is truly evident in online business success with entrepreneurs that defy past limitations and rely on future vision. This study purposely attempts to identify and qualify the impact of stylized change focused leadership in response to workplace changes during the variant challenges of the corona virus pandemic. The relevancy of Lewin’s organizational change model in today’s new normal provides the foundation for this research. Data were gathered through interview with a purposive sample of 12 managers executives and team members from a public sector organization. Evolving through an iterative process of evaluation …

Explore The Best Organizational Change Model For Chinese State-Owned Enterprises In The Financial Service Industry To Address Global Challenges, Chenyang Feng

Theses and Dissertations

Chinese state-owned enterprise (SOE) in the financial service industry has reached a tipping point of making changes to address incoming global competition. The unprecedented wave of policy shifts in the market will uncage powerful rivals worldwide and demand the SOEs to change. This study reviewed the best practices and unique challenges to the SOEs in the context of organizational change and strove to explore the best organizational change model for Chinese SOEs in addressing global challenges. This study began by reviewing the background and literature about Chinese SOE development and organizational change, then developed an instrument consisting of critical items …

The Trickle-Out Effect Of Prioritizing Well-Being, Kelsey M. Stout

Theses and Dissertations

This research builds upon previous studies of the effects of inequity theory on well-being at work. The purpose of this study was to understand the intersection of equity theory and well-being for US employees in modern corporate organizations. Specifically, the study aims to answer the research question-When one employee prioritizes their well-being, how does it affect their work teammates’ well-being? Twenty full-time corporate employees from various companies and industries each participated in a survey and an interview. Overall, this research found that prioritizing well-being at work generally positively impacts those around them. However, it has a negative impact when the …

Exploring Cultural Boundary Spanning Functions That Bridge Across National And Cultural Boundaries In Mncs, Tamara Downs

Theses and Dissertations

In multinational corporations (MNCs), cross-cultural interactions and collaboration are unavoidable. Cultural boundary spanning (CBS) is a behavior that has been shown to reduce conflict and ensure project success. It is a behavior that bridges internal and external organizational boundaries. This study examined if and how CBS functions (behaviors) change across national and cultural boundaries in MNCs. These boundaries were characterized by four demographic groups of people found within MNCs: (a) parent country nationals, (b) host country nationals, (c) third country nationals, and (d) parent country national expats. The findings of this research suggest that any of these demographic groups can …

Interpersonal Conflict In The Workplace: The Role Of Self-Awareness In Constructive Versus Destructive Approaches To Conflict, Christine Allee

Theses and Dissertations

Interpersonal conflict in the workplace is costly to employees, teams, and businesses. This study investigated the role of self-awareness in the effective handling of conflict and the efficacy of self-development training in raising self-awareness and conflict effectiveness. This mixed methods study utilized quantitative surveys and qualitative interviews. Subjects reported their self-awareness and their conflict effectiveness via two self-assessment surveys. This study found a strong correlation between self-development training and conflict effectiveness, as well as a correlation between understanding the subjective construal of meaning and an ability to use that self-awareness during an interpersonal conflict at work. Given the enormous costs …

The Path To Success In Corporate America For Ethnic Minorities And Underrepresented Groups, Tina Garrett-Ragland

Theses and Dissertations

Workforce diversity continues to expand in organizations across the United States and globally. However, organizations struggle to retain and maintain diverse representation in the workforce. The focus for organizations to ensure they have an established success model for underrepresented populations, specifically ethnic minorities, is a critical strategy for organizations seeking to maintain diverse workforce representation and cultures. Ethnic minorities face many challenges to success, access to opportunities, and the same workplace experiences as their non-ethnic peers (Cole & Salimath, 2013). There have been steps taken to address the challenges created due to the inequities faced by ethnic minorities and underrepresented …

Alaska Native Corporations: Participation, Purpose, And Performance In For-Profit Indigenous Businesses, Kimberly E. Mcginnis

Theses and Dissertations

Alaska Native Corporations (ANCs) were established under the Alaska Native Claims Settlement Act in 1971 to extinguish Indigenous land claims in the state of Alaska, as well as to provide for the economic and social wellbeing of Alaska Natives. However, ANCs’ governance practices and performance record offer a mixed record of their ability to incorporate the voice of their Indigenous shareholders and to fulfill a broad mandate for economic and social wellbeing among Alaska Natives. This exploratory, sequential, mixed methods study examines the relationship between shareholder participation, purpose, and performance in ANCs. Synthesizing theories from multiple domains, this study clarifies …

Motivated And Determined & Making A Difference As Executives (Mad & Made) In The Entertainment Industry: A Phenomenological Study Of Black Female Entertainment Industry Executives’ Challenges And Paths To Elevation, Angela M. Killens

Theses and Dissertations

Since the birth of the United States and the enslavement of Africans in America, Black women have had to navigate challenges in various industries to elevate toward, and excel in, positions of power. From grade school to the workplace, Black women have had to contend with racism, discrimination, and inequities that have been impediments despite their level of education and experience. With little literature specifically documenting the experiences of Black women who work on the corporate side of the entertainment industry, the data acquired from this qualitative phenomenological study provides insight into these women’s lives. The study discloses some of …

Work Life Balance: Organizational Leadership And Best Practices To Overcome Burnout For Female Realtors, Carmen Sarkis

Theses and Dissertations

Women Realtors in residential real estate have a difficult time avoiding burnout and are commonly ineffective in achieving work life balance (WLB). This qualitative, phenomenological research study focused on understanding the issues of WLB and burnout which female Realtors faced, and best strategies in overcoming these issues. There were four main research questions and a total of 12 interview questions which were used as a method to collect data for research purposes. Fifteen participants who met the criteria of inclusion as discussed in Chapter 3 participated in this study, and were located using LinkedIn, and the National Association of Realtors. …

The New World Of Onboarding: A Comparison Of Virtual And Hybrid Onboarding Experiences, Hannah Kim

Theses and Dissertations

The world of work has changed significantly due to the global pandemic of 2020. As a result, many organizations have shifted to remote or hybrid work models, requiring new ways of thinking about all aspects of the employee experience. This paper explored the impact of both remote and hybrid work models on the employee onboarding experience, focusing on employee sentiments toward the organization. The study occurred within a consulting organization and involved interviews with twelve new hires, to understand the successes and the challenges of their onboarding experiences. The results indicated that remote onboarding negatively impacted feelings of connection with …