Business Commons^™

Passport Experience: Impact Analytics Fall 2014 To Fall 2018, Amanda M. Hagman, Nate Jensen, Lisa Simmons, Janet Anderson, Erik Dickamore

Publications

Utah State University (USU) dedicates substantial resources to support student transition to higher education. The Passport Experience cuts across all university domains to support early student participation in curricular, co-curricular, and extra-curricular activities. Students are invited to attend a variety of events, when milestones are reached, students are rewarded. Persistence is a primary objective of the Passport Experience. The Passport Experience helps students develop an increased awareness of campus events, broad their engagement in the university experience, and become more involved in the University community. This report explores the association between the Passport Experience and students’ persistence toward graduation. METHODS: …

Fraternity & Sorority Life: Impact Analysis Spring 2016 To Fall 2019, Erik Dickamore, Paige Eidenschink, Amanda M. Hagman

Publications

Fraternity and Sorority Life (FSL) is a valued part of the USU community It connects students with leadership and philanthropic opportunities throughout their time at university. Many students cite their time spent associated with FSL as one of the biggest contributing factors of their university experience. METHODS: Student’s membership in a FSL is recorded each semester on rosters. These rosters were used in identifying which students participated in FSL. Students were compared using prediction-based propensity score matching. Students who participated in FSL were matched with non-participating students based on their persistence predication and their propensity to participate. FINDINGS: Students were …

The Status Of Women Leaders In Government–Utah Counties, April Townsend, Susan R. Madsen

Marketing and Strategy Faculty Publications

Recent events underscore the need for government—and democratic governance processes in general—to embrace diversity at all levels. Organizations with diverse leadership teams, including both women and men, have proven to be more innovative and resilient, make better strategic decisions, and have an increased capacity for problem solving. The benefits of gender equity can be found in any organization, including government structures such as state legislatures, city councils, and state and local bureaucracies.

The Status Of Women Leadership In Government–State Of Utah, April Townsend, Susan R. Madsen

Marketing and Strategy Faculty Publications

Organizations increasingly thrive when both men and women hold leadership roles and work together. Gender inclusivity in leadership benefits not only Utah’s businesses, but also its government organizations, such as state legislatures, city councils, and state and local bureaucracies. Recent events underscore the need for government—and democratic governance processes in general—to demand diversity at all levels.

The Status Of Women Leaders In Government – State Of Utah, April Townsend, Susan R. Madsen

Marketing and Strategy Faculty Publications

Organizations increasingly thrive when both men and women hold leadership roles and work together. Gender inclusivity in leadership benefits not only Utah’s businesses, but also its government organizations, such as state legislatures, city councils, and state and local bureaucracies. Recent events underscore the need for government—and democratic governance processes in general—to demand diversity at all levels

Mass Shootings And The Performance Of Tourism Stocks, Marshall Deem

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

This study investigates the effects of mass shooting events on the performance of the tourism industry within the United States. The results of the study show that outside of the market-wide returns, the performance of tourism stocks is negatively impacted after a large-scale mass shooting event. Furthermore, when separating extreme outliers in the data such as the Las Vegas Mandalay Bay shooting, the results of the study find that tourism stocks surrounding other large-scale mass shootings are significantly negative. Overall, the results of the study demonstrate a negative response in the tourism industry to large-scale mass shootings.

Reexamining Metallgesellschaft’S Hedging Policy: Does Anything Beat A One-For-One Hedge Ratio?, Christopher Haddock

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

There has been significant debate surrounding Metallgesellschaft's derivatives based fixed-price marketing strategy. Most of this debate relates to Metallgesellschaft's choice to use a one-for-one hedge ratio instead of an alternative hedge ratio optimized for risk management. I contribute to this discussion by reexamining the hedging strategy of Metallgesellschaft and use the Test for Superior Predictive Ability to determine whether any hedge ratio less than one outperforms the one-for-one hedge utilized by Metallgesellschaft.

Executive Compensation Incentives Impact On The Tone And Readability Of Financial Reports, Xiaoyan Mi

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Financial disclosures do not only influence the future reaction of customers, they also imply the financial strategies of the managers of corporations. Through analysis, we find a strong causal relationship between tone and readability of financial disclosures and incentive methods of managers. Controlling executives’ pay-performance sensitivity (delta) and other variables, executives with higher sensitivity of executives’ wealth to stock volatility (vega) (Coles, Daniel, Naveen, 2004) tend to announce reports with more negative tone and low readability.

The Relative Industry Specific Effects Of Covid-19 On Market Volatility And Liquidity, Callin Christensen

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Understanding how historical events affect market volatility and liquidity can provide crucial information to financial analysts, investment professionals, and managers in the event that similar circumstances resurface. In this study, I look at how a global pandemic (COVID-19) can introduce frictions into the market and cause disrupt the generation or flow of available information, this could cause prices to deviate significantly from their equilibrium values. I also hypothesize that these inefficiencies may have a greater effect on some industries than others. My analysis seems to confirm this hypothesis. I observe that the global COVID-19 pandemic leads to statistically significant increases …

Reinforcement Learning For Dynamic Futures Hedging, Evan Bullard

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

This paper focuses on oil hedging using near month crude oil futures. Hedging may allow a firm to reduce risks and focus on areas of comparative advantage. Hedging requires a firm to estimate ex-ante the correct hedge ratio. The portfolio optimization framework allows for OLS to be applied to the estimation of a hedge ratio. Reinforcement Learning is another method available to hedgers to estimate a hedge ratio. Three strategies using econometric tools and one using Reinforcement Learning are estimated and tested against 2019 oil price data.

Black-Scholes And Neural Networks, Gabriel Adams

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Neural networks have been proven to be universal approximators. We use neural networks to investigate the relationship between the quality of input data and the quality of outputted predictions from a neural network. We show that neural networks perform better on option pricing data with quality data and perform worse with lower quality data.

Industry Stock Prices Around Covid-19, Daniel Cardall

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

In this study, I examine how market participants respond to global uncertainty around the Covid-19 pandemic. More specifically, I analyze the industries most affected by the outbreak. The pandemic has created events never before seen at such a global level. Governments closed their country’s borders and quarantined their residents. Business owners closed their doors. These unforeseen events put the world economy at a standstill. I find that these decisions caused the U.S. stock markets to crash by more than 30%. The industries that experienced the most negative value-weighted abnormal returns were Carry, Meals, and Books. The industries that exhibited the …

Profiting From Protecting Small Business Borrowers: Take That To The Bank!, Jerome D. Williams, Sterling A. Bone, Glenn L. Christensen, Alexandra Tebbs

Marketing and Strategy Faculty Publications

While small businesses represent a significant portion of the economy, there is mounting evidence that the playing field is not level for these firms in access to capital. Based on 10 years of matched-paired mystery shopping tests in banks to investigate bank lending practices and customer experience, the results demonstrate that in almost every instance, minorities were treated more poorly than their White counterparts. However, the authors acknowledge the controversy surrounding this issue, as some question the need for government action to push banks in this direction. Before offering evidence of the impact race can have on the treatment of …

Quantum Frontiers: To Boldly Go, Mike Dixon, Cali Christensen, Rachael Leisek

Management Faculty Publications

Cali Christensen started her summer at Quantum Frontiers (QF) at an intern lunch. Seated around her were 20 other interns from universities all over the country who had been selected from a pool of over 900 applicants to participate in high-tech, space-related research endeavors pushing the boundaries of various fields such as engineering, mathematics, computer science, machine learning, and physics. Cali quickly realized after the first presentation that she may be one of the only non-engineer or scientists in the room. Her internship was different from any others that QF had yet sponsored. Instead of making space-related discoveries in new …

"I Made The Most Of My Education", Usu College Of Engineering

College of Engineering News

July 1, 2020 — When Glen Wright walks into a room, excited faces light up to see who’s following closely behind. His one-to-one scale model of a famous Star Wars droid turns heads wherever the two venture.

Quantum Frontiers: To Boldly Go, Michael Dixon, Cali Christensen, Rachael Leisek

Space Dynamics Laboratory Publications

We have lift off!

Cali Christensen started her summer at Quantum Frontiers (QF) at an intern lunch. Seated around her were 20 other interns from universities all over the country who had been selected from a pool of over 900 applicants to participate in high-tech, space-related research endeavors pushing the boundaries of various fields such as engineering, mathematics, computer science, machine learning, and physics. Cali quickly realized after the first presentation that she may be one of the only non-engineer or scientists in the room. Her internship was different from any others that QF had yet sponsored. Instead of making …

Gmo Products And The Food Industry: A Literature Review Of Opinions And Behaviors By U.S. Restaurants, Jake Harrison, Kenneth Bartkus

Curiosity

The health implications of genetically modified organisms (GMOs) have been the subject of considerable debate in the literature. One aspect of the debate is the apparent disconnect between what is reported in the scientific communities and what is reported in the general public. Specifically, it has been reported that while “Nearly 9 out of 10 scientists from the American Association for the Advancement of Science say GMOs are ‘generally safe’ to eat, more than half of the general public believe it is not a good idea.” This presents somewhat of a dilemma for companies, such as restaurants, who are involved …

Creating Silence: How Managerial Narcissism Decreases Employee Voice, Jake Harrison, Alexander C. Romney

Curiosity

Narcissism in organizations is becoming increasingly prevalent, as evidenced by the growing number of CEOs that seek acclaim and dominance, often at the expense of others (Chatterjee, 2017). Narcissism is defined as “individuals for whom enhancing the positivity of the self (specifically, to achieve status and esteem) is overwhelmingly important” (Campbell, 2004), and most often wields a detrimental influence on organizations. In the management literature, efficacy is defined as “a person’s estimate that a given behavior will lead to certain outcomes” (Bandura, 1977), and employees who hold a stronger sense of personal self-efficacy will display more active efforts to improve …

Structuring The Social Media Assessment During The Hiring Process, Jake Harrison, Christopher Hartwell

Curiosity

Social media assessments (SMAs) are becoming a common practice during the hiring process, but little research existing that examines how to best structure SMAs. Drawing from Campion et al.’s (1997) components of interview structure and including additional components specific to the SMA procedure, a framework of eight components of SMA structure that should be considered when conducting SMAs in research and/or practice has been developed. Those components include (1) job-related specificity, (2) procedural consistency, (3) measurements used, (4) documentation, (5) assessor training, (6) separate rater(s) than decision maker(s), (7) informed consent, and (8) notification of results. We define each of …

What Diversity, Equity, And Inclusion Specialists Can Do To Strengthen The Impact Of Utah Girls And Women, Robbyn T. Scribner, Susan R. Madsen

Marketing and Strategy Faculty Publications

Utah is full of engaged, passionate individuals who frequently ask the question, “What can I personally and/or professionally do to strengthen the impact of Utah girls and women?” To provide specific answers to that question, the Utah Women & Leadership Project (UWLP) hosted a series of “think tank” gatherings to collect best practices for various stakeholders interested in supporting and empowering Utah women.

Corporate Archives In Silicon Valley: Building And Surviving Amid Constant Change, Paula Jabloner, Anna Mancini

Journal of Western Archives

An historical understanding of the phenomenon that is Silicon Valley requires the collection and preservation of original records. With the rapid pace of change in the technology industry, how can archivists and their institutions preserve this corporate history? Two archivists address how they were able to found an archives at Cisco Systems and maintain another at Hewlett-Packard. Two common elements emerged: 1) the formation of a licensed limited company (LLC) as the legal structure for the archival repository, and 2) the use of outsourcing to staff both repositories. Outsourcing via a non-profit, in this case the Computer History Museum, or …

The Status Of Women And Entrepreneurship In Utah: A 2020 Update, April Townsend, Susan R. Madsen, Ann Marie Wallace

Marketing and Strategy Faculty Publications

Throughout the nation, women are building and running successful businesses. In 2016, the Utah Women & Leadership Project (UWLP) asked whether Utah was a good place for women to start and run businesses. The answer to that question was released in a research and policy brief titled, “The Status of Women and Entrepreneurship in Utah,” which became part of a series that focused on understanding the status of women’s leadership in Utah’s politics, education, nonprofits, business, government, and other settings.

What Leaders In The Interfaith Community Can Do To Strengthen The Impact Of Utah Girls And Women, Susan R. Madsen

Marketing and Strategy Faculty Publications

This idea sheet is based on a 2020 gathering of 25 leaders within the local interfaith community. Religious and faith-based organizations are of vital importance to many individuals and families, and these leaders recognize the positive role they can have in the lives of Utah women and girls.

The Impact Of Robotic Milking Systems: The Case Of The Rocky Mountain Region, Garret Nelson

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

The increasing adoption of automatic milking systems (AMS) in the U.S. has caused interest in determining if they are truly beneficial to the farmers who install them. The focus in this study is to identify the monetary value of AMS for dairies in the Rocky Mountain region and the estimated value of the non-monetary benefits. Using a mixed methods approach to create a survey; information was gathered from farmers in the Rocky Mountain region who are using AMS. The results reveal that monetary benefits from production and labor savings are lacking in themselves to provide positive net present values (NPVs) …

Implementing Option Pricing Model, Zhao Ming

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

In this paper I replicate Clewlow and Strickland's control variates methods based on Greek letters method to test if it can improve the simulation efficiency. First, I use Black Scholes Merton formula for option pricing as a benchmark, to compare with the European call option price from Monte Carlo methods. Then I use Greek letters as control variates to reduce sample standard deviation and improve the efficiency of the Monte Carlo simulation. The whole process is programming in C++. C++ is a compiled language which can generate machine code from source code and provide a shorter running time. This paper …

Maximizing Returns For Investors Using Modern Portfolio Theory And The Efficient Frontier, Charity Smith Parkinson

Undergraduate Honors Capstone Projects

There exists an efficient frontier upon which there is an optimal point of allocation of an investor’s assets among different types of investment vehicles. Identifying this point and allocating a portfolio accordingly allow an investor to capture the highest market return with the least amount of risk. This research study offers a model which can be used to find this optimal investment allocation and discusses the challenges and assumptions associated with using it. Using techniques discussed in Markowitz (1952), we obtain the optimal allocation of wealth for two portfolios of 13 and 12 assets, respectively. Such a model is not …

Size And Scope Of Carbon County Agriculture 2019, Ryan Feuz, Ryan Larsen, Steven Price

All Current Publications

Carbon County is located south of Duchesne and Wasatch counties in east-central Utah. Along with Emery County to the south, it is often referred to as Utah’s Castle Country. The county became industrialized very early after statehood with the arrival of the railroads and discovery of many coal beds for which the county is named. It is also a large producer of natural gas within the state. Its primary economic base today comes from regional services, retail, tourism, recreation and resource extraction. As of 2017, the population was estimated at 20,295. Price is the largest city and county seat. This …

Library Services: Impact Analysis Spring 2018 To Fall 2018, Amanda M. Hagman, Lindsay Ozburn, Hayden Hoopes, Erik Dickamore, Bradford R. Cole, Mitchell Colver

Publications

Libraries are an essential element of learning on university campuses. The content housed within libraries supports academic exploration and growth. Physically, libraries are designed to provide access to materials and spaces that facilitate learning. This report explored the impact of student library resource use on student persistence to the next term.

Students' library resource use was captured with EZ Proxy log-ins and library material check-outs. Students who had a record of using library resources were compared to similar students who did not have a record of library resource use. They were compared using prediction-based propensity score matching. Students who used …

Women's Leadership In Higher Education: Status, Barriers, And Motivators, Susan R. Madsen, Karen A. Longman

Marketing and Strategy Faculty Publications

Advancing more women into institutional leadership roles in higher education matters. Although numerous studies have documented the value of involving diverse perspectives in decision-making processes (Donovan & Caplan, 2019; Gero & Garrity, 2018; Williams, 2013; Woolley & Malone, 2011), many individuals and organizations—ranging from the corporate sector and the political realm to postsecondary education—have voiced commitments to increasing the representation of women in higher ranks, yet they have been stymied in achieving measurable results. A variety of examples in the research-based literature reflect the glacial pace of progress for women into leadership roles across a variety of fields. Examining the …

Successful Strategies For Content Creation And Design Of Online Classes, Antje R. H. Graul

Journal on Empowering Teaching Excellence

Given the increasing demand for an education that is compatible with a students’ professional or private life, there is a growing need for higher-educational bodies to launch high-quality online classes that allow students to pursue their education while fitting it around their individual commitments. Thus, more than ever, guidance is needed on how to design an online class successfully. Drawing on the design of an asynchronous Digital Marketing online class, this article discusses strategic decisions regarding content creation, personalization, assignments, and assessment ideas that may hold the potential to increase students’ engagement in an online class. The insights provided may …