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Full-Text Articles in Business

Tackling "Arithmophobia": Teaching How To Read, Understand, And Analyze Financial Statements, Paula J. Williams, Kris Anne Tobin, Eric Franklin, Robert J. Rhee Oct 2013

Tackling "Arithmophobia": Teaching How To Read, Understand, And Analyze Financial Statements, Paula J. Williams, Kris Anne Tobin, Eric Franklin, Robert J. Rhee

Robert Rhee

This discussion presents different ideas on how to teach accounting and practical finance to law students.


Empirically Derived Competency Profiles For Australian Business Graduates And Their Implications For Industry And Business, Denise Jackson, Elaine Chapman Sep 2013

Empirically Derived Competency Profiles For Australian Business Graduates And Their Implications For Industry And Business, Denise Jackson, Elaine Chapman

Denise Jackson

Two hundred and eleven Australian employers were surveyed to produce a set of business graduate competency profiles which accurately reflect the current needs of Australia employers. Three distinct clusters (or ‘types’) of graduates were identified: the ‘Manager’, ‘People Person’ and ‘Business Analyst’. They provide an overview of the required balance of cognitive and affective competencies important in the modern Australian business graduate. The preferred ‘types’ align with recent literature in the area of employability skills and historical research on managerial competencies. Desired competency profiles did not differ significantly across a range of background and demographic characteristics or business activity/work area …


Agency Theory Implications For Strategic Human Resource Management: Effects Of Ceo Ownership, Administrative Hrm, And Incentive Alignment On Firm Performance, Theresa M. Welbourne, Linda A. Cyr Sep 2013

Agency Theory Implications For Strategic Human Resource Management: Effects Of Ceo Ownership, Administrative Hrm, And Incentive Alignment On Firm Performance, Theresa M. Welbourne, Linda A. Cyr

Theresa M. Welbourne, PhD

Agency theory is used to expand the research in strategic human resource management (SHRM) by viewing the construct underlying SHRM as control over all employees. We develop hypotheses on the effects of CEO ownership, administrative HRM, and incentive stock ownership on firm performance. The results indicate that administrative HRM has a negative effect on stock price. Incentive alignment via stock ownership has a positive effect on stock price and productivity. CEO ownership has a positive effect on sales but a negative impact on productivity. Implications for theory and practice are discussed.


Perceptions Of Business Challenges Facing Malaysian Smes: Some Preliminary Results, Ali S. Saleh, Peter Caputi, Charles Harvie Jul 2013

Perceptions Of Business Challenges Facing Malaysian Smes: Some Preliminary Results, Ali S. Saleh, Peter Caputi, Charles Harvie

Charles Harvie

This paper develops an instrument to measure perceptions of business barriers facing small and medium sized enterprises (SMEs) based upon a sample of 138 Malaysian businesses. An exploratory factor analysis yields five key factors covering: perception of government policies; perception of human capital; perception of availability of infrastructure; perception of business competition; and perception of financial issues. Reliability and item analyses provide support for the internal consistency of the factors and the discriminatory power of items that constitute the factors. In particular, this study finds that perceptions of government policies and infrastructure availability have the highest mean scores, suggesting that …


Using Decision Tree In Business Collaborator, Chao Sun, Yu Zhang Jul 2013

Using Decision Tree In Business Collaborator, Chao Sun, Yu Zhang

Aimee Zhang

Purpose - Business collaboration is important for small and medium sized enterprises. The traditional method of choosing business collaborator is largely based on individual's experience and subjective criteria. However, the failure rate of business collaboration is still high for less experienced small firms. The purpose of this research is to find a different solution for managers in choosing business collaborators. Methodology - Decision Tree is an advanced technology, which is used in different business and industry areas. It is adopted in this study to help the managers choosing business partners. This study using the data collected from 339 firms in …


The Development Of An Industry Specific Performance Measurement Model For Service Organisations Within The Small Business Sector, Vicki Baard, Edmund W. Watts Jul 2013

The Development Of An Industry Specific Performance Measurement Model For Service Organisations Within The Small Business Sector, Vicki Baard, Edmund W. Watts

Ted Watts

The role of small business, as part of the value adding chain in any economy, should never be understated. In Australia small business represents 96% of all private sector business, accounts for 47% of all private sector employment and the majority fail within three to five years of establishment. Despite this contribution the small business sector, and in particular the service sector component, appear to be underrepresented in the development of specific performance measurement models, which, within the academic and professional literature appear to focus on their larger firm counterparts. Given the unique position of small business service organisations the …


The Performance Wheel And The Small Business Pyramid: The Next Generation Of Performance Scorecards, Carol J. Mcnair, Edmund W. Watts Jul 2013

The Performance Wheel And The Small Business Pyramid: The Next Generation Of Performance Scorecards, Carol J. Mcnair, Edmund W. Watts

Ted Watts

A common shortcoming with respect to performance scorecards within today's businessenvironment is the misconception that one size fits all. This paper considers the historicaldevelopment, as well as the increasing variety and poorly integrated status of one of business management's most important tools - the performance scorecard.This paper traces the development of performance management systems from itshistorical inception to the present examining ways that some approaches do not addressthe specific decision making needs of many enterprises. Performance scorecards aregenerally developed with a specific type of enterprise in mind, but few have integratedthe different emphases of the different approaches.With the focus on …


The Tort Foundation Of Duty Of Care And Business Judgment, Robert J. Rhee May 2013

The Tort Foundation Of Duty Of Care And Business Judgment, Robert J. Rhee

Robert Rhee

This Article corrects a misconception in corporation law – the belief that principles of tort law do not apply to the liability scheme of fiduciary duty. A board’s duty of care implies exposure to liability, but the business judgment rule precludes it. Tort law finds fault; corporation law excuses it. The conventional wisdom says that the tort analogy fails. This dismissal of tort prinicples is wrong. Although shareholder derivative suits and ordinary tort cases properly yield systemically antipodal outcomes, they are bound by a common analytical framework. The principles of board liability are rooted in tort doctrines governing duty, customs, …


Banking Records, Business And Networks In Colonial Sydney, 1817-24, Leanne Johns, Simon Ville Apr 2013

Banking Records, Business And Networks In Colonial Sydney, 1817-24, Leanne Johns, Simon Ville

Simon Ville

Examining accounting transactions between depositors in the first accounts ledger of the Bank of New South Wales contributes to our knowledge of early Australian colonial businesspeople and their business activities. A social network analysis framework is applied to the transactions to disclose business networks and prominent individuals in the networks. The analysis seeks to ascertain the importance of these people to commerce and the significance of their networks in facilitating commercial relationships in a business environment fraught with uncertainty. The results illustrate the importance of networks to colonial trade and mercantile activity, especially for smaller scale businesspeople.aehr_348


Business Profitability And Structural Change In Interwar Australia, Simon Ville, David Merrett Apr 2013

Business Profitability And Structural Change In Interwar Australia, Simon Ville, David Merrett

Simon Ville

The Australian economy of the interwar period experienced noteworthy cyclical and secular trends. Severe cyclical fluctuations were associated with the international depression, often referred to as the ‘Great Slump’, which particularly afflicted Australia’s large traded sector, especially its cornerstone primary exporting industries. In the midst of this apparent dearth, however, came the ‘plenty’ of the initial stages of modernisation, which resulted from the broadening of the country’s economic base into new manufacturing industries. The general trends of economic activity are captured by national income data, while the expansion of particular industries has been contextualised by several authors, most notably Forster …


Bridging The Gap Between Theoretical And Applied Practices In Business, Engineering And Science, Lee Styger Feb 2013

Bridging The Gap Between Theoretical And Applied Practices In Business, Engineering And Science, Lee Styger

Lee Styger

No abstract provided.


Philanthropic Innovation And Creative Capitalism: A Historical And Comparative Perspective On Social Entrepreneurship And Corporate Social Responsibility, Shruti Rana Feb 2013

Philanthropic Innovation And Creative Capitalism: A Historical And Comparative Perspective On Social Entrepreneurship And Corporate Social Responsibility, Shruti Rana

Shruti Rana

Each generation creates its own philanthropic bodies, with novel structures promising both increased sustainability and efficiency. From the seventeenth-century financial imperialists to today’s internet entrepreneurs, innovation, wealth, and philanthropy have moved in tandem, shaping one another and resulting in new philanthropic forms. The most recent of these emerging entities is the “for-profit charity,” which relies on market profits and market principles to replace donations and to maximize its impact. Current philanthropic literature praises these market-based structures as revolutionary innovations that enhance long-term sustainability, and the focus of legal reforms falls along these lines. Yet the legal literature fails to fully …


Contested Imaginaries And The Cultural Political Economy Of Climate Change, David L. Levy, Andre Spicer Jan 2013

Contested Imaginaries And The Cultural Political Economy Of Climate Change, David L. Levy, Andre Spicer

David L. Levy

This article analyses the evolving cultural political economy of climate change by developing the concept of ‘climate imaginaries’. These are shared socio-semiotic systems that structure a field around a set of shared understandings of the climate. Climate imaginaries imply a particular mode of organizing production and consumption, and a prioritization of environmental and cultural values. We use this concept to examine the struggle among NGOs, business and state agencies over four core climate imaginaries. These are ‘fossil fuels forever’, ‘climate apocalypse’, ‘technomarket’ and ‘sustainable lifestyles’. These imaginaries play a key role in contentions over responses to climate change, and we …