Business Commons^™

Do Alpha Males Deliver Alpha? Facial Width-To-Height Ratio And Hedge Funds, Yan Lu, Melvyn Teo

Research Collection Lee Kong Chian School Of Business

An abundance of evidence relates facial width-to-height ratio (fWHR) to masculine behaviors in males. We show that hedge funds operated by high-fWHR managers underperform those operated by low-fWHR managers, bear greater downside risk, are more susceptible to fire sales, and fail more often. High-fWHR managers compensate for their underperformance by marketing their funds more aggressively, thereby garnering higher flows and fee revenues. By exploiting major personal events that shape testosterone, namely marriage and fatherhood, we trace the biological mechanism underlying the relation between fWHR and investment performance to circulating testosterone. Our findings are robust and extend to equity mutual funds.

Where We Are From Matters: Assessing The Impact Of Immigrants On Firm Environmental Performance, Narae Lee

Research Collection Lee Kong Chian School Of Business

This study examines the impact of immigrant populations on firm environmental performance. Leveraging a longitudinal dataset of more than 11,000 manufacturing facilities in the US in which I match the Environmental Protection Agency’s (EPA) facility toxic emissions data with the location’s census immigration data, I document the negative impact of local immigrant populations on a facility’s environmental performance, which strengthens as heterogeneity among immigrant increases. I argue that this is because a more heterogeneous community is less cohesive and hence less capable of organizing effective pressures against pollution. Further, I show that because co-nationality links create unique bonds between the …

2022-08-00 Newsletter, Morehead State University. Staff Congress.

Staff Congress Records

Staff Congress newsletter from August of 2022.

2022 August, Morehead State University. Office Of Communications & Marketing.

Morehead State Press Release Archive, 1961 to the Present

Press releases for August of 2022.

Do Analysts’ Eps Forecasts Obey Benford’S Law? An Empirical Analysis, Clarence Goh

Research Collection School Of Accountancy

Benford’s law gives the expected frequencies of digits in tabulated data. In this study, I investigate the extent to which a sample of analysts’ earnings per share (EPS) forecasts obey Benford’s law. I conduct Benford’s law’s second digit and last-two digits tests on a sample of analyst EPS forecasts of S&P 500 firms from 1998 to 2018. Overall, I find that analysts’ EPS forecasts obey Benford’s law’s second digit test but do not obey the last-two digits test. These findings suggest that while analysts do not engage in number invention, they do engage in rounding when making EPS forecasts.

The Effects Of Csr Reputation And Csr Crisis Response Strategy On Investor Judgments, Clarence Goh

Research Collection School Of Accountancy

I use a controlled experiment to examine, in the context of CSR crises, whether investors’ investment judgments are influenced by a firm’s CSR reputation and CSR crisis response strategy. I find that for good CSR reputation firms, the use of a rebuild or deny crisis response strategy does not lead to improvements in investment judgments. However, for bad CSR reputation firms, the use of a deny response strategy leads to improvements in investment judgments while the use of a rebuild strategy does not.

Accounting Scandals And Implications For Directors: Lessons From Enron, Pearl Hock-Neo Tan, Gillian Yeo

Research Collection School Of Accountancy

We analyze the Enron case to identify the risk factors that potentially led to its collapse and specific issues relating to its aggressive accounting and high-light the lessons for independent directors. In Enron, the interactions between external stimuli, strategies, corporate culture, and risk exposures possibly created an explosive situation that eventually led to its demise. Much of the post-Enron reforms have been directed towards regulating the roles and responsibilities of executive directors and auditors. However, the role of independent directors has received relatively lesser attention. Independent directors should analyze the risks of their companies and understand the pressures that arise …

Associations Between Instagram Addiction, Academic Performance, Social Anxiety, Depression, And Life Satisfaction Among University Students, Behzad Foroughi, Mark D. Griffiths, Mohammad Iranmanesh, Yashar Salamzadeh

Research outputs 2014 to 2021

The use of social networking sites (SNSs) has become increasingly popular. Although several studies have been carried out on the addictive use of SNSs such as Twitter and Facebook, there is little research on Instagram addiction and its drivers. The present study investigated the association between students’ needs and Instagram addiction by incorporating physical activity as a moderator among 364 university students. Additionally, the associations between Instagram addiction, academic performance, depression, social anxiety, and life satisfaction were investigated. The results showed that recognition needs, social needs, and entertainment needs all contributed to Instagram addiction. However, information needs were not a …

Neural-Progressive Hedging: Enforcing Constraints In Reinforcement Learning With Stochastic Programming, Supriyo Ghosh, Laura Wynter, Shiau Hong Lim, Duc Thien Nguyen

Research Collection School Of Computing and Information Systems

We propose a framework, called neural-progressive hedging (NP), that leverages stochastic programming during the online phase of executing a reinforcement learning (RL) policy. The goal is to ensure feasibility with respect to constraints and risk-based objectives such as conditional value-at-risk (CVaR) during the execution of the policy, using probabilistic models of the state transitions to guide policy adjustments. The framework is particularly amenable to the class of sequential resource allocation problems since feasibility with respect to typical resource constraints cannot be enforced in a scalable manner. The NP framework provides an alternative that adds modest overhead during the online phase. …

Joint Chance-Constrained Staffing Optimization In Multi-Skill Call Centers, Tien Thanh Dam, Thuy Anh Ta, Tien Mai

Research Collection School Of Computing and Information Systems

This paper concerns the staffing optimization problem in multi-skill call centers. The objective is to find a minimal cost staffing solution while meeting a target level for the quality of service (QoS) to customers. We consider a staffing problem in which joint chance constraints are imposed on the QoS of the day. Our joint chance-constrained formulation is more rational capturing the correlation between different call types, as compared to separate chance-constrained versions considered in previous studies. We show that, in general, the probability functions in the joint-chance constraints display S-shaped curves, and the optimal solutions should belong to the concave …

Exploring The Assetisation And Financialisation Of Non-Fungible Tokens: Opportunities And Regulatory Implications, Iris H. Y. Chiu, J.G. Allen

Research Collection Yong Pung How School Of Law

This article explores the emerging phenomenon of use cases for Non-fungible Tokens (NFTs) in novel forms of crypto-finance, a stage we call “NFT financialisation”, that can be developed from stages of consumption and commoditisation of NFTs, which are increasingly observed. Despite the emerging contests regarding property rights conferred by NFTs, the needs for commoditisation and financialisation in NFT markets would likely shape the delineation and framing of such rights in order for users to exploit the asset potential of NFTs. We argue that an institutional response is timely and beneficial for NFT financialisation. Financial regulatory governance can provide the institutions …

Applicability Of Blockchain Technology To The Normal Accounting Cycle, Williams Kwasi Peprah Ph.D., Reynaldo P. Abas Jr., Akwasi Ampofo

Faculty Publications

Blockchain technology is a distributed, unchangeable ledger that makes recording transactions and managing assets in a business network much easier and now a type of accounting software concerned with the transfer of asset ownership and the maintenance of an accurate financial ledger. Despite the numerous benefits of blockchain technology, there is no study on the applicability of blockchain technology to the normal accounting cycle in emerging economies in Africa. Thus, this paper provides general insights on how blockchain technology may be used in the normal accounting cycle in West Africa. The study adopted a qualitative research method and content analysis …

The Effect Of Technology And Regulation On The Co-Evolution Of Product And Industry Architecture, Nicholas Burton, Peter Galvin

Research outputs 2022 to 2026

This paper explores the co-evolution of product and industry architecture by drawing on a longitudinal study of the UK personal pensions industry between 2005 and 2020. It provides qualitative evidence for the way in which institutional structures, particularly regulation, entwine with firm strategic choices to shape the contours of an industry value chain (IVC). We draw upon modularity theory and the literature on industry architecture to consider how strategic bottlenecks emerged and how value shifted between layers of the IVC. Furthermore, we examine the interplay between the agendas of the regulator and firm strategic responses to unpack how firms (product …

The Impact Of Holiday Tourism Development On Tourism Total Factor Productivity: Evidence From China, Panpan Sun, Songshan (Sam) Huang, Ghialy Yap

Research outputs 2022 to 2026

Tourism development during holiday periods may influence tourism total factor productivity (TTFP) in the industry. However, little is known about the impact of holiday tourism on TTFP. Focusing on China's Golden Week holiday system, this study applies dynamic panel models to test the effect of holiday tourism development on TTFP with panel data of 31 provinces in mainland China from 2001 to 2019. The study also compares the effects before and after 2008 when the Golden Week holiday system changed from three weeks to two weeks with shorter holiday breaks. Results show that holiday tourism development has a negative effect …

Learning How Family Business Leaders Make Decisions Through Interviews, John Rogers, Carol Wittmeyer, Clay Dibrell

Business Faculty/Staff Publications

This exercise allows students to apply core family business concepts to a real-world business context. In this exercise, students interview a family business owner and present their findings both as a written summary and oral presentation. This exercise is appropriate for undergraduate, graduate, and executive students taking a family business course, or a course with a unit on family business, online or in-person. Students complete this exercise individually as an end of term project; however, the exercise can be assigned as a group project.

Faculty Appointment Enhances College Of Education And Human Services, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.

Innovation Studio Volunteer Receives Quilt Of Valor For Work With Veterans, Deann Gayman

Nebraska Innovation Campus Materials

Jim Young was wrapped in gratitude and honor for the many lives he’s touched—including hundreds of veterans—when he received a Quilt of Valor during a presentation July 29 at the University of Nebraska–Lincoln’s Nebraska Innovation Studio. At the presentation, Young was flanked by sister-in-law, Pat Young, and wife, Victoria, and seated near the same lathes he’s spent countless hours standing over to train veterans on woodturning. They are lessons that double as therapy, helping the veterans heal. In his remarks, [Jerry] Reif [Innovation Studio assistant director] said that 227 veterans have benefited from the program, with an average of 30 …

Staff Council Agenda, Georgia Southern University

Staff Council Meeting Minutes & Agendas

No abstract provided.

Staff Council Meeting Minutes, Georgia Southern University

Staff Council Meeting Minutes & Agendas

• Staff Council
• Consent Agenda and Minutes of Meeting
• Presidential Updates & Comments | Updates from Dr. Kyle Marrero are as Follows
• Questions and Answers
• Human Resources | Updates from Vickie Shaw
• Treasurer Report | Updates from Scott Taylor, Chair
• Committee Reports

2022-July-29-Quillen College Of Medicine Class Of 2026, University Marketing And Communication, East Tennessee State University

ETSU News

JOHNSON CITY (July 29, 2022) – East Tennessee State University’s Quillen College of Medicine welcomed 78 medical students in the Class of 2026 at a traditional White Coat Ceremony held at ETSU’s Martin Center for the Arts on July 29.

“This is a meaningful ceremony for our students and their families, and also for our faculty and staff as we have been awaiting and preparing for this new class for many months,” said Dr. Bill Block, ETSU vice president for clinical affairs and dean of Quillen College of Medicine. “For the past two years, we have been working to transform …

Board Of Trustees Minutes, Jul. 29 2022, Indiana State University Board Of Trustees

Board of Trustees

No abstract provided.

Dps 2.0: On The Road To A Cashless Society, Nwamaka A. Anaza, Delancy H.S. Bennett, Yana Andonova, Emeka Anaza

Faculty & Staff Research and Creative Activity

While cash will eventually become a thing of the past, marketing researchers have given little attention to the rise of cashless markets and the obstacles and opportunities they present. In fact, research that addresses the strategic approach to planning, coordinating, and executing the cashless adoption and experience for consumers is scant. To stimulate discussion and scholarly investigations into marketing’s contribution toward the evolution of cashless economies, this Idea Corner presents a research agenda that delineates the role of DPS 2.0, a new era of digital payment systems, in fueling the demonetization process. We offer that, compared to traditional payment systems …

Dr. Marcus Smith Awarded Ideas Grant To Build Study Abroad Capacity, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.

2022-July-28-Enjoy Retirement, University Marketing And Communication, East Tennessee State University

ETSU News

Congratulations to the following members of the East Tennessee State University family who retired in July. Thank you for your service!

Robert R. Beach, Jr. – Senior Lecturer, Economics and Finance, 11 years of service

James Bitter – Professor, Counseling and Human Services, 26 years of service

Deborah Dotson – Professor, Allied Health (Dental Hygiene), 36 years of service

Tammy Hayes – Assistant professor, Media and Communication, 27 years of service

Joel Hillhouse – Professor, Community and Behavioral Health/Associate Dean for Research, College of Public Health, 31 years of service

Thomas Laughlin – Associate Professor, Biological Sciences, 18 years of …

Role Stress, Sarah Stepanek, Megan Paul

Umbrella Summaries

What is role stress?

A work role consists of “a pattern of behaviors perceived by an employee as behaviors that are expected” (Tubre & Collins, 2000, p. 156). When perceived work role expectations are unclear, incompatible with other expected behaviors, or too much to handle, role stress is said to occur (Tubre & Collins, 2000). Role stress is typically broken down into three main types: role ambiguity, role conflict, and role overload. Role ambiguity refers to a situation in which employees are unsure about what their responsibilities are, what behaviors are expected of them, and what the standards are for …

Campus Updates And Improvements For Fall 2022, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.

The True Cost Of Auto Insurance In The Mountain West, 2022, Annie Vong, Saha Salahi, Caitlin J. Saladino, William E. Brown Jr.

Transportation & Infrastructure

This fact sheet examines data on average annual premiums, percent of income spent on auto insurance, and life events associated with the rising cost of auto insurance in the Mountain West (Arizona, Colorado, Nevada, New Mexico, and Utah). The original report includes data on national averages for auto insurance premiums for all fifty states.

Who Owns This? Ways That Property Can Be Owned And Transferred In Nebraska, Jessica Groskopf, J. David Aiken

Cornhusker Economics

Discusses ways that property can be owned and transferred in Nebraska in the context of farm management in Nebraska, United States.

Customer Behaviour Towards Halal Food: A Systematic Review And Agenda For Future Research, Mohammad Iranmanesh, Madugoda Gunaratnege Senali, Morteza Ghobakhloo, Davoud Nikbin, Ghazanfar Ali Abbasi

Research outputs 2014 to 2021

Purpose: The halal food market is a large and fast-growing market. To maintain and boost the growth of the halal food industry, scholars have attempted to understand the behaviour of Muslims and non-Muslims towards halal food. To advance understating of previous studies on behaviour towards halal food and shedding light on future studies, this study aims to systematically review the literature.

Design/methodology/approach: A sample of 985 peer-reviewed papers was extracted from Scopus and Web of Science databases. A total of 96 articles related to customers' behaviour towards halal food by reviewing the titles, abstracts and contents of the extracted articles …

Innovation Campus To Host Nebraska Bluegrass Concert Series, University Communication

Nebraska Innovation Campus Materials

Nebraska Innovation Campus has partnered with local organizations to offer and host the Nebraska Bluegrass Concert Series. The live music concert series is free and open to the public. It will feature bluegrass bands from the Appalachian regions, Blue Ridge Mountains of Virginia, and Lincoln-based groups.The concerts will take place at 6 p.m. in the plaza at Nebraska Innovation Campus on Aug. 10, Sept. 14, and Oct. 12. Food and drink will be available for purchase from The Mill Coffee and Bistro starting at 5 p.m.