Business Commons^™

Does Health Capital Have Differential Effects On Economic Growth?, Arusha V. Cooray

Faculty of Commerce - Papers (Archive)

Investigating the impact of health capital disaggregated by gender on economic growth in a sample of 210 countries over the 1990-2008 period, this study suggests that the influence of health capital across countries cannot be generalised. Results for the full sample indicate that health capital does not have a robust and significant effect on economic growth unless through their interactions with health expenditure and education. The results disaggregated by income group reveal that health capital has a positive robust influence on economic growth in high and upper middle income economies. In low and low middle income economies, health capital gains …

Does The Interest Rate For Business Loans Respond Asymmetrically To Changes In The Cash Rate?, Abbas Valadkhani, Amir Arjomandi, Martin J. O'Brien

Faculty of Commerce - Papers (Archive)

This article examines the dynamic relationship between the Reserve Bank of Australia's (RBA's) cash rate and the variable interest rate for lending to small businesses. The relationship is evaluated via an asymmetric GARCH model using monthly data spanning from August 1990 to October 2012. Our results show that a 1 percentage point increase in the cash rate results in an instantaneous 1.086 percentage point rise in the variable rate for small businesses, whereas an equivalent 1 percentage point cut only leads to a 0.862 percentage point fall with a delay of up to 2 months. This outcome has obvious implications …

Does Water Context Influence Behaviour And Attitudes To Water Conservation?, M Gilbertson, A Hurlimann, S Dolnicar

Faculty of Commerce - Papers (Archive)

Many rural and urban areas around the world are facing challenges to the supply of water. A key method of addressing water shortage is water conservation. The success of conservation measures depends on public support and behaviour change. While it is known that the public is generally supportive of water conservation measures, little is known about the dependence of water conservation attitudes and behaviour on geographical location and the water situation at specific locations. The present study investigates whether individual attitudes to water conservation, and reported participation in water conservation behaviours, differ between two Australian locations that vary significantly in …

Does Managerial Signalling Behaviour Affect Conflict During Npd Projects: An Exploratory Study, Elias Kyriazis, Les Johnson, Paul Couchman

Faculty of Commerce - Papers (Archive)

Cross-functional relationships during NPD projects have received considerable researchattention with an emphasis on achieving successful integration and avoiding harmfulconflict. The purpose of this paper is to develop and test an exploratory model examiningthe effects of managerial signalling behaviour, at top management and functional level,on conflict in cross-functional working relationships. Focussing on working relationshipbetween marketing managers and R&D managers in 184 new product developmentprojects in Australia this study examines the antecedents of conflict as reported by theR&D Manager. This study provides empirical support for the proposition that while topmanagement actions are useful in facilitating integration, the way a manager perceivestheir functional …

How Does The Separation Of Ownership And Control Affect Corporate Performance: The Impact Of Earnings Management In China, Yuqing Zhu, Gary G. Tian, Shan Zhao

Faculty of Commerce - Papers (Archive)

This paper examines the impact of disproportional ownership on true firm performance when firm performance is adjusted for the effect of earnings management. Results from regression analysis indicate that the separation between control and cash flow rights of family/or individual-controlled listed firms in China decreases firm performance when firm performance is adjusted for the effect of earnings management than when firm performance is measured as reported performance. The results also show that separation is significantly positively related with true firm performance in firms with low cash flow rights concentration. The main disproportional ownership mechanism, pyramidal structures is also investigated in …

Does Cultural Background Affect Volunteering Behavior?, Melanie J. Randle, Sara Dolnicar

Faculty of Commerce - Papers (Archive)

The purpose of this qualitative investigation is to help nonprofit organizations which rely heavily on the support of volunteers increase the effectiveness of their marketing by accounting for differences in cultural background among community members. It was conducted in the multi-cultural Australian context and included 79 participants from different cultural backgrounds. Findings indicate that as a whole, cultural groups differ significantly with respect to their attitudes, social norm and perceived behavioral control over volunteering. Nonprofit organizations are unlikely to be successful in attracting volunteers from a range of different cultural backgrounds unless they account for heterogeneity among volunteers and customize …

Does Democracy Explain Gender Differentials In Education?, Arusha V. Cooray

Faculty of Commerce - Papers (Archive)

This study shows that despite a strong empirical association between gender differentials in enrolment ratios and democracy, that democracy alone does not explain gender differentials in education in Africa and Asia. The results indicate that income, employment in agriculture, religious heterogeneity and colonialism also help explain the under-representation of girls in education in these regions. Countries in which the duration of suffrage has been longer tend to perform better on average in terms of gender equality in education.

How Does The Presenter's Physical Attractiveness Persuade? A Test Of Alternative Explanations, Sandra Praxmarer, John R. Rossiter

Faculty of Commerce - Papers (Archive)

This study was conducted to test alternative explanations for the powerful positive effect of the presenter’s facial attractiveness on persuasion found by Patzer (1985). The explanations tested are: (a) a “conscious Patzer effect” whereby the attractiveness of the presenter prompts conscious cognitive-response inferences about the presenter’s expertise and trustworthiness; (b) a “subconscious Patzer effect” whereby attractiveness persuades via beliefs about the presenter’s expertise and trustworthiness but without conscious cognitive responses; (c) an “affect transfer effect” whereby attractiveness increases liking of the presenter which in turn transfers to a more favorable attitude toward the brand; and (d) a “role-model identification effect” …

Does The Size And Quality Of The Government Explain The Size And Efficiency Of The Financial Sector?, Arusha V. Cooray

Faculty of Commerce - Papers (Archive)

This study examines the impact of two dimensions of thegovernment, namely, size and quality, on two dimensions of thefinancial sector, size and efficiency, in a cross section of 71economies. The study finds that while increased quality of thegovernment as measured by governance and legal origin positivelyinfluence both financial sector size and efficiency, that the size ofthe government proxied by government expenditure andgovernment ownership of banks, has a negative effect on financialsector efficiency, however, a positive impact on financial sector size,particularly in the low income economies.

Real Interest Rate Interdependence Among The G7 Nations: Does Real Interest Parity Hold?, Bruce Felmingham, Arusha V. Cooray

Faculty of Commerce - Papers (Archive)

We evaluate the extent of real interest rate interdependence among three month treasury bill rates of the G7. Monthly data over the period 1970(1) to 2003(12) is subjected to recursive estimation of a cointegrating equation. The evidence suggests a high degree of interdependence between the G7 interest rates with the degree of integration increasing over the sample period. Tests for parameter constancy highlight the disruptive effects of the first oil price shock although the impacts on financial markets of the September 11 and the attack occurrence of the Asian crisis have limited impacts. The evidence for the presence of a …

Does Ownership Affect A Firm's Performance And Default Risk In Jordan?, Rami Zeitun, Gary Gang Tian

Faculty of Commerce - Papers (Archive)

Purpose – This paper seeks to examine the impact of ownership structure on firm performance and the default risk of a sample of publicly listed firms.

Design/methodology/approach – This paper examines the impact of ownership structure on firm performance and the default risk of a sample of 59 publicly listed firms in Jordan from 1989 to 2002.

Findings – The main findings were: ownership structure has significant effects on the accounting measure of performance return on assets (ROE); government shares are significantly negatively related to the firm's performance ROE; defaulted firms have a high concentration ownership compared with non-defaulted firms …

Does Confidence Moderate Or Predict Brand Attitude And Purchase Intention?, Lars Bergkvist

Faculty of Commerce - Papers (Archive)

This paper reports results from a study in which the role of consumer confidence in brand evaluations was investigated. Data from a survey of Internet shoppers showed that confidence is a direct predictor, not a moderator, of purchase intention. This result is contrary to expectations from social psychology but in line with earlier research in marketing. However, confidence does moderate the relationship between brand beliefs and brand attitude.