Business Commons^™

Investment Performance Comparison Between Roth And Traditional Individual Retirement Accounts, George Kutner, Lloyd Doney, James Trebby

Accounting Faculty Research and Publications

With the recent introduction of the Roth Individual Retirement Account (IRA) along with a significantly improved Traditional IRA, there has been considerable interest in comparing the performance of these investment vehicles. Some confusion regarding these comparisons has evolved. In this paper we show that this confusion may be attributed to scale and tax differences between the two investment vehicles. We adjust for these differences by focusing on the after-tax rate-of-return on investment for each IRA vehicle. We find that performance depends crucially on the relationship between an individual's tax rates at the time of investment and at the time of …

Tabulation Of Cpas As Of August 1, 2001, American Institute Of Certified Public Accountants (Aicpa)

AICPA Annual Reports

No abstract provided.

Systems In Management 7th Annual Anzsys Conference 2001: The Relevance Of Systems Thinking In The Contemporary World, William Hutchinson (Ed.)

Research outputs pre 2011

Welcome to Perth, Western Australia, and to the Systems in Management 7th Annual ANZSYS Conference 2001 "the relevance of systems thinking in the contemporary world" hosted by the We-B Centre, School of Management Information Systems at Edith Cowan University. The conference provides an opportunity for sharing and networking among academics and industry specialists in systems and related fields. The conference has drawn participants from national and international organizations. All submitted papers were subjected to an anonymous peer review process managed by the Conference Committee. Stringent review criteria resulted in an unprecedented number of papers declined this year. Based on these …

Working For Excellence In The E-Conomy: 2nd International We-B Conference, Sue Stoney (Ed.)

Research outputs pre 2011

Welcome to Perth, Western Australia, and to the 2nd International We-B Conference 2001 "working for excellence in the e-conomy" hosted by the We-B Centre, School of Management Information Systems at Edith Cowan University.

This is an international conference for academics and industry specialists in e-business, e-government and related fields. The conference has drawn participants from national and international organisations.

All submitted papers were subjected to an anonymous peer review process managed by the Conference Committee.

Nidh - Network Intrusion Detection Hierarchy: A Model For Gathering Attack Intelligence, Craig Valli

Research outputs pre 2011

Internet proxy systems such as Squid exchange intelligence relevant to their function as caching proxy servers via a distributed and trusted hierarchy of machines. The required intelligence is broadcast based along the network based upon established trust relationships throughout the connected network via specific port and protocols of exchange. An intrusion detection system that incorporates this functionality for gathering attack intelligence could be a formidable foe even for the wiliest attacker. This paper will outline a possible model for the deployment of a network/distributed network intrusion detection system utilising technologies and techniques already in existence to provide the supporting infrastructure.

Why A Journal Of Research For Consumers?, Simone Pettigrew

Research outputs pre 2011

This article outlines the rationale behind the introduction of the Journal of Research for Consumers. The potential benefits to be gained from educating consumers are discussed, and arguments are made for the contribution of consumer researchers to the consumer education process. In particular, the deficiencies of the current dependence on research that produces managerial outcomes are discussed in terms of the limitations they place on understanding the relevance of consumption in consumers' lives. The structure of the Journal of Consumer Research is described in terms of the access provided to both academic and consumer audiences.

A Virtual Organisation Model For E-Government, Greg Robins, Janice Burn

Research outputs pre 2011

This paper looks at the implementation of a new customer value alliance model in e-govemment. Firstly we review the issues of e-govemment and the drive towards customer centric organisations in the context of multiple government agencies. A model of e-Government is introduced and examined within the context of a virtual organisation model which can be applied along the customer value chain across multiple service agencies. A case study is used to demonstrate how this concept of a virtual organisation as a customer value-alliance model can effect a successful transition to e-Govemment from a traditional Government model. Finally, we examine how …

Applying E-Commerce Techniques To Public School Software, Michael Lapke

UNF Graduate Theses and Dissertations

Applying e-commerce technology to public school software is a process that involves an extensive and thorough analysis. There are typically three groups of users who would use such a system: teachers, administrators and parents. Teachers need a system that nearly duplicates the software that they are currently using to enter, store, and calculate their grades, while school administrators and parents need to student and teacher's information. This is where the use of e-commerce technology comes in very nicely.

The analysis performed for this project involved extensive interviews with the expert user set and a walk-through of the current system. The …

The Determinants Of Successful Micro-Ipos: An Analysis Of Issues Made Under The Small Corporate Offering Registration (Scor) Procedure, James C. Brau, Jerome S. Osteryoung

Faculty Publications

In this article we extend the existing IPO literature to the case of micro-IPOs by analyzing a sample of Small Corporate Offering Registration (SCOR) documents from the U.S. state ofWashington. Through theory, we identified variables that should impact the probability of success or failure in a SCOR offering and then empirically tested them. Empirical support was found for the relevance of (1) marketing mechanisms and expenses; (2) ownership and governance factors; (3) business life cycle stages; and (4) signaling factors consistent with our theoretical predictions.

Enslaved To Fashion: Corporations, Consumers, And The Campaign For Worker Rights In The Global Economy, George Demartino

Human Rights & Human Welfare

A review of Levi’s Children: Coming to Terms with Human Rights in the Global Marketplace by Karl Schoenberger. New York: Atlantic Monthly Press, 2000. 288pp.

Levi’s Children presents a sobering account of the tribulations of a transnational corporation with a heart trying its best to navigate honorably the polluted moral waters of the global economy. San Francisco-based Levi Strauss and Company, maker of the iconic Levi’s jeans and other apparel, sought to maintain a commitment to social responsibility in the face of intensifying financial pressures to do otherwise. Author Karl Schoenberger puts this account to good effect, illuminating the extraordinary …

Proposed Structure And Content Specifications For The Uniform Cpa Examination; Exposure Draft (American Institute Of Certified Public Accountants), 2001, Feb. 28, American Institute Of Certified Public Accountants. Board Of Examiners

Examinations and Study

No abstract provided.

Using A Cognitive Prosthesis To Assist Foodservice Managerial Decision-Making, Andrew H. Feinstein, J. Martin, R. Ogawa

Office of the Provost Scholarship

No abstract provided.

Chapter 10: Upper-Middle-Class Politics And Policy Outcomes: Does Class Identity Matter?, Herman L. Boschken

Faculty Publications, School of Management

This chapter in Clark and lipset's book on class in American politics resulted from a multi-day workshop at the Woodrow Wilson Center for International Scholars in the summer of 1999. The piece reverses the normal causality of class politics. It does not analyze citizens in elections, but government officials creating policies. It asks why policies differ across localities (specifically public transit decisions in 42 U.S. metropolitan areas). It probes how some government officials work with an "upper-middle-class" citizenry in mind, while others do so less. The chapter then tests for differences across localities and finds quite distinct patterns. The chapter …

The Teenage Mind - Part 1, David J. Cherrington, Owen J. Cherrington

Faculty Publications

When we see teenagers do things that are seriously wrong or illegal we often ask, “Why did they do such a stupid thing?” “What in the world were they thinking?” In fact, teenagers do many stupid things and sometimes it appears they were not really thinking. But when we examine what goes through their minds it is easier to understand why they sometimes act dishonestly. We also learn that the excuses teenagers make for being dishonest are not much different than the rationalizations used by adults.

The Power Of Suggestion: Inertia In 401k Participation And Savings Behavior, Brigitte C. Madrian, Dennis F. Shea

Faculty Publications

In this paper, we analyze the 401(k) savings behavior of employees in a large U.S. corporation before and after an interesting change in the company 401(k) plan. Before the plan change, employees were required to affirmatively elect participation in the 401(k) plan. After the plan change, employees were automatically and immediately enrolled in the 401(k) plan unless they made a negative election to opt out of the plan. Although none of the economic features of the plan changed, this switch to automatic enrollment dramatically changed the savings behavior of employees. We have two key findings. First, 401(k) participation is significantly …

The Bullet Gic As An Example, David F. Babbel, Jeremy Gold, Craig B. Merrill

Faculty Publications

There has been considerable discussion of a variety of issues related to fair value in the actuarial literature, in conferences, and among individuals interested in this topic. Unfortunately, we seem to be failing to communicate due, in part, to inconsistent use of terminology. The goal of this discussion paper is to present a few concepts that we hope will be of use in the broader discussion of fair value of liabilities.

Good Day Sunshine: Stock Returns And The Weather, David Hirshleifer, Tyler Shumway

Faculty Publications

Psychological evidence and casual intuition predict that sunny weather is associated with upbeat mood. This paper examines the relationship between morning sunshine in the city of a country's leading stock exchange and daily market index returns across 26 countries from 1982 to 1997. Sunshine is strongly significantly correlated with stock returns. After controlling for sunshine, rain and snow are unrelated to returns. Substantial use of weatherbased strategies was optimal for a trader with very low transactions costs. However, because these strategies involve frequent trades, fairly modest costs eliminate the gains. These findings are difficult to reconcile with fully rational price …

Do Behavioral Biases Affect Prices?, Joshua D. Coval, Tyler Shumway

Faculty Publications

This paper documents strong evidence of behavioral biases among Chicago Board of Trade proprietary traders and investigates the effect these biases have on prices. Our traders appear highly loss-averse. Traders who experience morning losses are about 16 percent more likely to assume above-average afternoon risk than traders with morning gains. This behavior has important short-term consequences for afternoon prices, as losing traders are prepared to purchase contracts at higher prices and sell contracts at lower prices than those that prevailed previously. However, during the ten minutes that follow these trades, prices revert strongly to their earlier levels. Consistent with these …

A Study Of Recruitment And Selection Procedures In The Private Sector, P. George Koshy

Student Works (2000-2009)

It is universally recognized that people make the difference to an organization. Hence the type of people recruited by organizations are extremely important. How they are managed at work is influenced by a variety of factors ranging from the size of the organization to government regulations and it's culture and philosophy. The need to have employees identify themselves with the organizational objectives and contribute positively to it's success is the crux of human resource management in general and recruitment in particular. Taking cognizance of the importance of people and their contributions, companies generally are making every effort to recruit the …

A Comparative Analysis Of Conventional Insurance And Islamic Insurance (Takaful) In Malaysia : An Emphasis On Pricing Issues, Kamaruzaman Noordin

Student Works (2000-2009)

The existence of commercial contract of insurance since long time ago has greatly alleviated the impact of fortuitous happenings upon unfortunate community. This is due to its primary objective which is to provide a necessary economic security against unexpected catastrophes through the concept of risk sharing and mutual co-operation. Nevertheless, the conventional contract of insurance, which is based on the contract of sales, has been declared by most Muslim jurists as invalid from the sight of Shari'ah. Alternatively, they have come up with the idea of takaful which is based on the contract of donation (tabarru). Yet, many Muslims are …

The Performance Of Local Majority Equity Companies (Lmecs) And Foreign Majority Equity Companies (Fmecs) In The Kuala Lumpur Stock Exchange : Before And During The Financial Crisis, Fadillah Mansor

Student Works (2000-2009)

The financial crisis, which began in July 1997 in Malaysia, had affected both Local Majority Equity Companies (LMECs) and Foreign Majority Equity Companies (FMECs). The study attempts to examine and compare the performance of LMECs and FMECs listed on the Kuala Lumpur Stock Exchange (KLSE) by looking at companies' stock return. The study is divided into two sub periods, namely "before the crisis" and "during the crisis'. The samples consisted of 21 LMECs and 21 FMECs, which were selected from the companies listed on the KLSE main board and second board. These samples of LMECs and FMECs were matched respectively …

Teenagers' Acceptance Of Products Endorsed By Ethnicity Of Local Celebrities, See Seng Lim

Student Works (2000-2009)

The world population today is said to be not less than seven billion citizens. It is said that every minute a baby is being born somewhere in the world and unconfirmed statistic reported that a big fraction of the population comprises of the youths. lf the report findings are true there is a huge and lucrative teen market waiting to be tapped yearly that might runs into billions of US$ dollars. No wonder the teenager has been the focus of media attention and commercialization. This paper seeks to explore the Malaysian teen market and their acceptance of celebrity as an …

Technology, Globalization And Liberalization : The Effectiveness Of Pos Malaysia Berhad To Meet Challenges, Nazirruddin Abd. Rahman

Student Works (2000-2009)

Technology, globalization and liberalization are new forces that challenge Pos Malaysia Berhad (PMB) government core control business business activity activity and organizational effectiveness. being a government control business entity, the business entity and the institutional and legal set-up to a certain extends limit PMB effective response to the environmental changes. It made more difficult when the entity has to fulfill two divergence objectives; to support some overarching social ideal and to excel in business performance. The interactions of these factors have developed some observable symptoms to PMB organizational weakness. This phenomenon triggered the need to analyze PMB organizational effectiveness to …

Home Buying : A Contemporary Study Of House Buyers In Klang Valley, Ching Ching Ngu

Student Works (2000-2009)

The recent economic slowdown has posted greater challenges to the developers. Likewise, general consumer sentiment towards the housing market is bullish and the new residential development would further increase the residential stock in the country. The challenges for developers are to produce the kind of houses that meet the buyer's demand by studying the market first before embarking on any project. Therefore, the objectives of this study are as followings:

• To identify factors that influence house buyers in their choice of house;

• To study the housing needs of the house buyers;

• To examine the search behaviour of …

Corporate Strategy For An Enterprise : Case Study On A Local Private Education Company, Sau Keen Wong

Student Works (2000-2009)

Recent decades have seen tremendous growth in the number of public and private institutions of higher learning being set up in Malaysia especially by the private sector. The catalyst behind this growth is none other than the Malaysian government; where reputable and financially strong private corporations were encouraged to participate in the establishment of private universities and colleges to address the shortages in supply versus the continuous increase in demand for tertiary education in Malaysia. This will also curtail the increase In outflows of foreign exchanges due to large number of students advancing their studies overseas, which arise directly as …

Time-Of-The-Month Effect In The Trading/Services Sector Of The Kuala Lumpur Stock Exchange, Say Yong Ng

Student Works (2000-2009)

Numerous studies have reported the existence of calendar anomalies in stock returns. In this study, we investigate the calendar anomalies of forty stocks of the trading/services sector in the Kuala Lumpur Stock Exchange (KLSE) over the period of 3 January 1995 to 2 November 2000. The calendar anomalies such as the pre-holiday effect, half-monthly effect, and time-of-the-month effect are examined. The parametric and nonparametric tests are used in this study for testing the existence of calendar anomalies. Nonparametric tests are resorted to when the assumption of normality is not satisfied. The results of this study indicate that there is no …

Industri Kecil Dan Sederhana Malaysia Dalam Ekonomi Global, Abdul Jabbar Abdullah

Student Works (2000-2009)

Ekonomi dunia masa kini telah memperlihatkan pelbagai perkembangan yang menarik. Era ledakan teknologi maklumat liberalisasi dan globalisasi serta K­ ekonomi memberikan cabaran baru kepada sektor pemiagaan dan industri. Jelas transfonnasi dan perubahan struktur ekonomi tersebut menjadikan tekanan persaingan pemiagaan tennasuk sektor industri bertambah sengit. Hanya industri yang mempunyai daya saing yang kukuh mampu bertahan. Bagaimanapun, sektor perkilangan terutarnanya sektor industri kecil dan sederhana (IKS) di Malaysia terus dilingkari oleh masalah tradisi yang seolah-olah tiada penghujung. Masalah kewangan, penggunaan teknologi yang minimum dengan kualiti keluaran yang rendah sentiasa menjadi isu utama yang menjcjaskan perkembangan sektor tersebut. Justeru, kemampuan IKS dalam mengharungi …

Perkembangan Perdagangan Elektronik Di Malaysia, Navarajan Subramaniam

Student Works (2000-2009)

Kajian ini adalah berkenaan dengan perdagangan elektronik yang lebih dikenali sebagai e-dagang. Perdagangan ini telah diperkenalkan oleh kerajaan Malaysia pada awal tahun 90-an. Kajian ini akan menumpukan kepada tahap kesedaran dan potensi masa depan e-dagang di Malaysia. Kajian ini dijalankan ke atas sampel yang terpilih di sekitar Kuala Lumpur. Kajian bertujuan untuk melihat tahap kesedaran dan pemahaman rakyat amnya mengenai pelaksanaan e-dagang di Malaysia. Perdagangan elektronik berlaku melalui talian elektronik yang melibatkan urusan berkait dengan pengiklanan, pesanan, penjualan dan semua aktiviti pembelian serta termasuk juga penghantaran bagi perkhidmatan atau produk yang memungkinkan dihantar melalui media elektronik. Organisasi perniagaan memerlukan polisi …

Life Insurance Industry In Malaysia : A Case Study Of Great Eastern Life Assurance (Malaysia) Berhad, You Siang Ku

Student Works (2000-2009)

This study focus on the background of life insurance industry and concepts or main features that are common to many aspects of the life insurance mechanism in order to helps us to solve some of our financial problems. This report is largely based on the Annual Reports of the Director General of insurance and the Annual Reports of the Great Eastern. It also takes into account additional information and numerous helpful comments supplied by the management team, company executives and insurance agents in its course. The aim of this research is to investigate several factors that affect total demand of …

Privacy On The Internet : Investigation Into Corporate Privacy Policy Of Australian Large Private Sector Organisations On The Internet, Keiko Sato

Theses: Doctorates and Masters

The popularity of the Internet has been dramatically increased over recent years. The rapid growth of this technology and its international use has made it almost impossible to regulate the internet. As a result, the Internet has certainly provided freedoms to people and it has led to some abusing systems. Privacy is one of the major issues in the development of Electronic Commerce using the Internet. As an enormous amount of personal information is transmitted to several hosts connecting to the Internet, the information can be accessed by both authorised and unauthorised people. Although it is certain that there are …