Business Commons^™

The Determinants Of Successful Angel Investors, Hu Guen Sohn

MPA/MPP/MPFM Capstone Projects

Angel investors are wealthy individuals who provide capital for business start-ups in return for an ownership stake. The outcomes of angel investments are not high for all angels and not evenly distributed among all investors. I examine what characteristics of angel investors affect the outcome of their investments.

This research is based on a North American survey data set. I use the internal rate of return to measure the performance of angel investments. More specifically, I use three different standards to code it as success or failure: median standard, mean standard, and higher standard. Then, I use OLS and a …

Battle Of The Beds: The Economic Impact Of Airbnb On The Hotel Industry In Chicago And San Francisco, Katherine Goree

Scripps Senior Theses

The sharing economy is the private redistribution of goods via peer-to-peer sharing. Since internet use has saturated the U.S., the sharing economy has become widely internet-based. Airbnb, a website and app that facilitates the short-term rental of space to stay in another person’s home, has become a major component of the sharing economy.

This study includes an empirical analysis of the hotel occupancy rates in two major markets, San Francisco and Chicago, and how they have or have not changed, from the 2008 launch of Airbnb through the end of 2014. The study hypothesizes that Airbnb has had a statistically …

The Impact Of Technology On The Entertainment Distribution Market: The Effects Of Netflix And Hulu On Cable Revenue, Nicole P. Aliloupour

Scripps Senior Theses

Online streaming has revolutionized the way that people consume films and television. This study will examine how Netflix and Hulu have disrupted the North American distribution oligopoly and asses whether their low subscription prices are adversely affecting major cable companies who dominate the distribution sphere. A review of existing literature on the topic will explore the influence of the Internet on the entertainment distribution oligopoly as well as consumer trends and behavior favoring Netflix and Hulu. Additionally, data from 2007 to 2014 will be used to analyze variables that indicate a correlation between Netflix’s and Hulu’s growth and Time Warner …

Organizational Learning: The Path To Growth, Rachael M. Huang

Scripps Senior Theses

Organizational learning is a topic that has been widely studied under a number of different approaches. The common, essential themes that are present in any theory of organizational leaning reflect the necessity of balancing explorative and exploitative tendencies within organizations. Organizational learning is the key to organizational effectiveness and development, and involves a collective action and mindset that allows for the reflection of current processes and the reevaluation of the efficiency of these processes within organizational structures. In this way, knowledge is embedded into organizational systems so that continuous learning can be implemented on an organizational scale. As a result, …

Comparison Of Option Price From Black-Scholes Model To Actual Values, Matthew J. Krznaric

Williams Honors College, Honors Research Projects

The Black-Scholes model is a widely used method for pricing European-style options in a straightforward way, through the use of calculations and ideal market assumptions. Due to certain unrealistic ideal conditions exercised by the model, The Black-Scholes technique of pricing options may not be entirely accurate in implementation. This paper addresses these problems due to the model limitations, determining how The Black-Scholes method compares to the results when using the actual data. Using a mix of historical S&P500 data and generated normal distributions, we first calculated and graphed option prices through the Black-Scholes formulas. With the help of R, we …

Can You Hack It? Validating Predictors For It Boot Camps, Courtney Gear

All Graduate Theses, Dissertations, and Other Capstone Projects

Given the large number of information technology jobs open and lack of qualified individuals to fill them, coding boot camps have sprung up in response to this skill gap by offering a specialized training program in an accelerated format. This fast growth has created a need to measure these training programs and understand their effectiveness. In the present study, a series of analyses examined whether specific or combinations of predictors were valid for training performance in this coding academy. Self-rated, daily efficacy scores were used as outcome variables of training success and correlation results showed a positive relationship with efficacy …

Diversification And Market Neutral Portfolios In S&P500, Alan S. Agnew

Williams Honors College, Honors Research Projects

Our goal is to investigate strategies to deal with the risks associated with holding asset in the stock market. We first deal with risk of holding a specific stock, by the use of diversification. Later, we’ll attempt to deal with the market risk, which is the risk of entire market going up and down. Data used in this project comes from daily adjusted closing price of stocks listed in the S&P500 index ranging from January 3^rd, 2000 to December 31^st, 2015 and the data is processed using statistical software R.

Sections 2 through 4 of this …

The Impact Of Increased Cigarette Prices On Cigarette Consumption, Bohyun Yoo

MPA/MPP/MPFM Capstone Projects

The objective of this study examines whether the way to raise cigarette prices drastically and discontinuously is effective in reducing cigarette consumption. We use monthly data for cigarette consumption to measure the price elasticity of cigarettes’ demand and adopt real cigarette prices, real individual income, education level, and unemployment rate as independent variables. We consider how consumers adjust their consumption practices in response to the increased prices. After examining the result of regression, we conclude that cigarette real price has a significant association with the reduction in cigarette consumption. If we divide the last twelve years into periods when prices …

Principals' Beliefs And Attitudes About Social And Emotional Learning: A Grounded Theory Study, Kimberly Y. Jones

LSU Doctoral Dissertations

Principals are the gatekeepers of their school environment. Therefore, their beliefs and attitudes about social and emotional learning (SEL) will influence their staff, students and parents. The purpose of this grounded theory study was to explore school principals’ beliefs and attitudes about SEL. Researchers have focused on SEL’s success as it relates to academic achievement, but little is known about the adults’ roles in effective SEL integration. Findings from this study may inform how administrators (e.g., school system superintendents) structure training for principals to acquire skills in influencing and integrating programs into the overall school climate. The findings may also …

Improving Cooling Tower Chemistry Control And Cost Savings Through Automation, Ryan Matthew Maxwell

Theses and Dissertations

Proper chemistry control of cooling towers reduces corrosion, biological growth, and precipitation of solids. Therefore, improving control can lead to increased equipment life, operating efficiency, and safety. Chemistry of cooling towers is highly dependent on loading, weather, and time. As such, cooling tower chemistry varies day to day and even hour to hour, requiring either continuous controls or large operating bands. Through automation, 24/7 monitoring and control can be achieved, allowing for deliberate operation within tight operating bands. As a direct result of automation water consumption has been reduced by 9.1 million gallons per year, CL-49 use has been reduced …

Non-Governmental Organization Vulnerabilities: Donors And Resource Dependence, Carolyn A. Islam

CMC Senior Theses

The main objective of my thesis paper is to determine which organizations from a wide range of NGOs, including their donor relationships, are susceptible to funding manipulation and why. Through review of a focused selection of literature and case studies, I seek to identify a pattern of characteristics or variables among the weaker organizations which increases vulnerability to such practices. I will review the organizations' size, market competition, funding strategies, and supply-led contracts. I intend to conclude with the various ways in which NGO's can protect against funding manipulation.

Franchising As It Relates To The Hospitality Industry, Cassidy R. Morgan

Honors Theses and Capstones

No abstract provided.

A Study On How Mobile Banking Has Affected The Banking Industry: Has Mobile Banking Improved Bank Performance?, Courtney Elizabeth Cleveland

Honors Theses

This paper explores the effect of mobile banking on the banking industry. It further seeks to investigate if banks improve financial performance as well as customer conversion and retention due to mobile banking. The research sifts through early entries in mobile banking features, data transfer technology evolution along with hand-held mobile device advances. Population demographics are also reviewed to understand which segment is more inclined to use mobile banking applications, giving banks insights and analytics for focused advertising. Data security needs and bank personnel skills evaluation show a shift in personnel skill-set evolution from historical employees. Overall, the data suggests …

A Multi-Dimensional Evaluation And Strategic Exploration Of Institutional Investing With Focus On State Street Corporation, Jack Badger

Honors Theses

This report examines State Street Corporation in a way similar to that of a professional in an advisory role. Included in this analysis is a brief history of the firm, financial ratio analysis and implications, audit and tax recommendations, and tools to help improve State Street's strategic outlook and outlast its competitors.  

I Got It On Silk Road: An Examination Of Knowledge And Attitudes Towards Tor And The Dark Web, Zachary Mitchell

Honors Theses

As communication technology has grown, so has the potential for crimes to be committed with the new technology. The United States government has attempted to stay current with the times by introducing legislation to increase federal power to detect and stop these crimes, but some feel that some of these new laws and acts reduce personal freedoms and liberties. Enter Tor and the Dark Web, a set of often misunderstood tools and web-based resources designed to make users' data and behavior on the Internet anonymous. This paper describes the aforementioned laws, how Tor and the Dark Web work, and examines …

A Background And Chronological Take On High Frequency Trading, Quinn H. Murray

Honors Theses

The purpose of this thesis is to analyze, in context of high frequency trading, potential market manipulation techniques (i.e. market making arbitrage, statistical arbitrage, market structure arbitrage, and directional strategies), and to review the subject from a chronological perspective from the 1960s onward, covering topics not limited to Regulation National Market System, the flash crash of May 6, 2010, and the August 24, 2015 market crash. To date, high frequency trading's effects on the United States market place have been well documented. This thesis will speculate about the true nature—whether adverse or beneficial-- of this fascinating, evolutionary, highly scrutinized topic.

3d Systems: An In-Depth Look Into The Past, Present, And Future Of 3d Printing, John Lars Ely

Honors Theses

This thesis revolves around the 3D printing industry. I focused the majority of my research on the company, 3D Systems. I looked into the various factors that are holding the company back and what it can do to overcome then. I concluded that 3D Systems needs to focus more on developing and marketing printers for the domestic market. I also found that the company has to gain a stronger foothold in the Asian market if it wants to emerge as the leader of the industry.

How Proposed Legislation Could Affect Corporate Taxes, Kaitlin Aspinwall

Honors Theses

The purpose of this thesis is to explore in detail three tax reform proposals and to determine the effects that each would have on three different industries, manufacturing, service based, and technology. This study looks at the detailed tax reform plans of Congressman Dave Camp, Congressman Devin Nunes, and Senators Marco Rubio and Mike Lee. In order to determine the effects that each of these plans would have on the three industries, the financial statements of Lockheed Martin, Liberty Mutual, and Facebook are analyzed as representatives of their industries. This analysis revealed the effects that the proposals would have on …

Intersectional Identity Entrepreneurship: Historic Case Of Viola Turner Pursuing Legitimacy Acquisition In Insurance Industry, M. Madison Portie

Honors Theses

In this historical organizational study, I examine how Viola Turner, a pioneering African American female business professional, managed to climb to the board membership of a black- owned insurance company. I propose that she managed her identity entrepreneurially fitting it to match the leadership role identity in the all-black men board. To assess the veracity of this proposition, I unpack how she exhibited her identity entrepreneurship given that her social identity was perceived as ambivalent by the board that was not conducive to accepting women as members in a leadership role. I chose the case of Viola Turner because I …

Walgreens: Financial Analysis And Recommendations, Madeleine Robinson

Honors Theses

This thesis is an analysis including recommendations for the publically traded company, Walgreens. By using the most recent 10-K filing, a complete financial analysis was completed. Through the findings it was recommended to Walgreens that they focus more on mobile growth to compete with technology of competitors, as well as bring an in store area to represent their mobile presence.

Intentions To Purchase Genetically Modified Foods In The United States And Germany: The Impact Of Consumer Knowledge And Attitudes, Maggie Hall

Honors Theses

Genetically modified foods are a current, ongoing issue in the world today. Much research is done on the producers and governmental regulation systems regarding GMOs, but not much research exists about direct consumer actions towards genetically modified foods. Hence, in this thesis, I focus on the consumers in Germany and the United States and their attitudes and knowledge of GMOs. I chose Germany and the US as the two overarching cases due to their perceived and reported differences surrounding GMOs on many levels, such as production and government regulation. With the aid of Clickworker and Amazon Mechanical Turk, I utilized …

A Quantitative Analysis Of Financial Literacy At The University Of Mississippi, Paul Jackson Gunn

Honors Theses

This thesis examines why financial literacy is important and what factors can influence students' financial literacy at the University of Mississippi. Financial literacy is important and can affect many aspects of life, whether it is political, financial, educational or personal. Students enrolled in EDHE 105 participated in the multiple-choice survey, which included socioeconomic, demographic and financial literacy questions. Participants' answers were analyzed using four statistical models: ordinary least squares regression, univariate analysis or means by differences analysis, interactions and probit analysis. The study found that the average score, 2.02 out of five, to the financial literacy quiz for all participants …

Competencies Of Outstanding Executive Coaches: A Grounded Theory Approach, Kent Mayo Blumberg

LSU Doctoral Dissertations

The personal, business, and executive coaching industry is large and growing. In spite of the size and growth of the industry, the coaching research literature reveals a lack of understanding about the competencies of outstanding executive coaches. This grounded-theory study sought to discover a model of executive coach competencies, through in-depth interviews with coaches rated as outstanding by a large purchaser of coaching services. Sixteen coaches participated in the recorded and transcribed interviews. A line-by-line analysis of the transcripts led to a competency model for executive coaching. For the coaching research community, this study will fill a key gap in …

A Sustainability-Based Project Selection Algorithm: Socio-Technical-Economic Project Selection (Steps) Algorithm, Bharathi Bhattu

Dissertations, Master's Theses and Master's Reports

Multi-dimensional aspects play a vital role in the task of project-decision making. Environmental effects are to be considered in addition to other technical and non-technical aspects in order to avoid undue environmental damage. This current work introduces a new decision-making algorithm (Socio-Technical-Economic Project Selection or STEPS) that is demonstrated with the use of RCA (recycled concrete aggregate) as riprap for slope stabilization and erosion control which leaches chemical arsenic when in contact with water. Arsenic has long been recognized for its lethal properties. The main intention of introducing this new algorithm is to use sustainability concepts of social, technical, and …

Personas: A Strategy For More Inclusive And Usable Reproductive Health Tracking Technologies, Anna R. Paul

Dissertations, Master's Theses and Master's Reports

In this report, I argue for the inclusion of personas in the development process of technologies that are designed to allow users to collect and track their health information. Personas provide a profile of a user and their needs, goals, and contexts. This tool can help designers to better understand their users, in order to create better, more usable end products. I examine one particular self-tracking technology, smartphone applications that allow users to record information about their menstrual cycles. Many of the most popular period tracking applications available today only meet the needs of a narrow user group, resulting in …

The Choral Composer/Conductor Collective: An Ongoing Experiment In Musical Self-Governance, Julian D. Bryson

Theses and Dissertations--Music

C4: The Choral Composer/Conductor Collective and Triad: Boston’s Choral Collective are the first choirs to explore collectivity as a method of ensemble organization. While more traditional ensembles have a single artistic director, C4 and Triad share and rotate leadership responsibilities among the full membership. Artistic and logistical decisions develop through conversation, consensus, and/or voting.

This monograph draws primarily on interviews with thirteen current and former members of the two ensembles as well as the author’s personal experiences with Triad’s inaugural concert cycle to present a narrative description of member characteristics, governance, and operational processes. Interview responses are compared to relevant …

Related Parties: Audit Risk When 63 Entities Act As One, Alyssa Lieb

Williams Honors College, Honors Research Projects

This paper delves into the fraud committed by Adelphia Communications for fiscal year 2001. Former Adelphia owner, the Rigas family’s background is scrutinized in an effort to understand how an environment fostering the ideals of financial statement fraud was created. The fraud itself is analyzed to uncover the potential warning signs that were available to then auditor, Deloitte. The audit process is outlined to determine where audit risk was greatest, and how audit guidelines in place at the time may have been ineffective in helping auditors to mitigate such risks. Audit guidelines in place at the time are then compared …

Leadership Experience Project: Jamaica, Brandi Floor, Cinara Foor

Williams Honors College, Honors Research Projects

The purpose of this study is to determine the reasons behind studying abroad and how The University of Akron can improve the College of Business Administration’s (CBA) programs to ensure students receive an enriching experience. Upon discovery of the failure to attain students for two CBA study abroad programs, sustainability became an issue that needed to be addressed. The paper begins with research on the history and the impact of studying abroad. Two surveys were distributed to three different trips within the CBA. This was to assess the reasoning behind why students chose to study abroad. Overall, we found that …

Life Is Good No Matter What, Daniel J. Wyrock, Emily Kosuda, Brian Raglow

Williams Honors College, Honors Research Projects

As part of our Leadership Experience Project through the Institute of Leadership Advancement, our goal was to create an alternative revenue stream for an Akron cancer charity, Life Is Good No Matter What. As a team of three, we had to plan, development and implement our strategy over the course of a year. We researched charities and trends in the charity space which led us to the development of a product. After much time, we developed the idea of an ice cream line that not only fit the message of Life Is Good No Matter What, bus also helped define …

Seeking Personal Financial Understanding For College Students, Nathan Webel

Williams Honors College, Honors Research Projects

With the cost of college increasing it is critical that students develop sound a sound financial understanding of key topics that will effect them for the rest of their lives. Budgeting, interest rates, debt, and other key topics are not well understood by the majority of college students. This paper looks at how much students understand their debt, as well as other key finance areas and demonstrates what The University of Akron can do to produce students that understand personal finance concepts.