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An Investigation Of Changes In Contributions Of State Lotteries To Education Over Time, Andrea Lee Parker Jan 2006

An Investigation Of Changes In Contributions Of State Lotteries To Education Over Time, Andrea Lee Parker

Inquiry: The University of Arkansas Undergraduate Research Journal

Arkansas is one of many states in this country that is experiencing an education funding crisis. Despite the fact that states have started taking more responsibility for the funding of their public schools since the mid-1950s, litigation over education funding has occurred in almost every state in the United States. Litigation in Arkansas began in the 1980s and continues today with the Lake View case. Several alternatives have been proposed to reform the state's education system and its methods of funding, including school consolidation, raising taxes, and adopting an education-supporting lottery. Lotteries have become very popular revenue raising mechanisms in …


Biometric Security: Are Inexpensive Biometric Devices Reliable Enough To Gain Wide-Spread Security Usage?, Brian Thanh Tran Jan 2006

Biometric Security: Are Inexpensive Biometric Devices Reliable Enough To Gain Wide-Spread Security Usage?, Brian Thanh Tran

Inquiry: The University of Arkansas Undergraduate Research Journal

The ever growing need for security in today' s world requires exploring the feasibility of various security methods to ensure the safety of the world's population. With the tremendous growth of technology, e-commerce, and business globalization, society implements new methods to try to battle security problems. Technology advances has resulted in a number of inexpensive biometric devices to the marketplace. Two questions surface regarding this devices-are they reliable enough for general usage and will people be willing to use them? This research conducted a repeated design experiment to determine the effectiveness of four inexpensive biometric devices-three fingerprint readers and an …


Instructions For Authors, Discovery Editors Jan 2006

Instructions For Authors, Discovery Editors

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Letter From The Dean, Gregory J. Weidemann Jan 2006

Letter From The Dean, Gregory J. Weidemann

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Discovery: The Student Journal Of Dale Bumpers College Of Agricultural, Food And Life Sciences - Volume 7 2006, Several Authors Jan 2006

Discovery: The Student Journal Of Dale Bumpers College Of Agricultural, Food And Life Sciences - Volume 7 2006, Several Authors

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Contents, Discovery Editors Jan 2006

Contents, Discovery Editors

Discovery, The Student Journal of Dale Bumpers College of Agricultural, Food and Life Sciences

No abstract provided.


Sec Enforcement Actions: An Analysis Of Economic Determinants Of Restatements, Rivka Berman Jan 2006

Sec Enforcement Actions: An Analysis Of Economic Determinants Of Restatements, Rivka Berman

Inquiry: The University of Arkansas Undergraduate Research Journal

This paper investigates the economic determinants of restatements, focusing on companies that were the object of an SEC Enforcement Action. A sample of 30 restatement firms is matched with 30 non-restatement firms in the same industry and same business and with a similar size as measured by assets. It was found that the use of a Big 5 audit firm reduces the incidence of restatement. More specifically, use of Ernst & Young as a Big 5 audit firm significantly reduces the possibility of restatement. Variables testing debt to equity ratio, proportion of management ownership and proportion of blockholder ownership as …


Semi-Strong Form Market Hypothesis: Evidence From Cnbc's Jim Cramer's Mad Money Stock Recommendations, Elizabeth Dodson Jan 2006

Semi-Strong Form Market Hypothesis: Evidence From Cnbc's Jim Cramer's Mad Money Stock Recommendations, Elizabeth Dodson

Inquiry: The University of Arkansas Undergraduate Research Journal

Mad Money has become one of the most popular shows on CNBC. The host, Jim Cramer, has an outlandish style and personality that viewers find intoxicating. Cramer's goal for the show is to make people money. Does he succeed? This paper finds that investors can expect to gain above-average, risk adjusted returns by following Cramer's stock recommendations and trading accordingly. These findings challenge the semi-strong form market hypothesis. According to this hypothesis investors should not recognize gains trading on public information since it states that the market has already adjusted prices for that information. It also contributes to current literature …