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Full-Text Articles in Business

2010 Ijbe Front Matter, Tamra Connor Apr 2010

2010 Ijbe Front Matter, Tamra Connor

International Journal for Business Education

  1. Editorial Board
  2. President's Letter
  3. SIEC-ISBE International


The Core Competence And Attitude Of The Small Business Owner-Manager: A Combination Of Cognitive, Affective And Psychomotor Competences And Attitudes, Hely Westerholm, Ph.D. Apr 2010

The Core Competence And Attitude Of The Small Business Owner-Manager: A Combination Of Cognitive, Affective And Psychomotor Competences And Attitudes, Hely Westerholm, Ph.D.

International Journal for Business Education

Over the coming decade, up to 2015, nearly 80,000 Finnish small and medium-sized individual enterprises possibly with a tradition as a family business will have to find successors for their current owner-managers. The current teaching and learning of entrepreneurship do not deliver enough entrepreneurs. The curriculum at all school levels should be refreshed to meet the challenges that the future entrepreneurs have to face. The study examines the occupational competence and attitudes that small business owner-managers themselves consider essential to their work. They were given an opportunity to express their views in small focus groups of peer small business owner-managers. …


Economic Thinking And Risk Attitudes: An Empirical Study, Peter Slepcevic-Zach, Ph.D., Thomas Koeppel Apr 2010

Economic Thinking And Risk Attitudes: An Empirical Study, Peter Slepcevic-Zach, Ph.D., Thomas Koeppel

International Journal for Business Education

In the light of the current economic crisis, which had its roots in high risk dealings in the international financial markets, the question how economically minded students are and what propensity towards risk they have, are essential to improving their financial literacy. In a broad survey including economic and non-economic schools 649 students aged 14 and 18 were questioned. In this paper results are presented and implications for classroom teaching and curricular development are derived.


When East And West Meet: An Essay On The Importance Of Cultural Understanding In Global Business Practice And Education, Sj Chang Jan 2010

When East And West Meet: An Essay On The Importance Of Cultural Understanding In Global Business Practice And Education, Sj Chang

Faculty Publications - Finance, Insurance, and Law

As today’s business decisions and choices are increasingly influenced by the diverse cultural backgrounds and perspectives of various corporate stakeholders, it is critical for business managers to have multicultural understanding. This motivates us to refine our business perspectives and approaches in global arena as well as our educational philosophies on global business management. Based on casual yet experiential discussions, this essay presents some cohesive points on comparative cultural understanding and business implications thereof between the “West” and the “East,” which is presupposed by the cultural contrasts between America and Korea. It can hopefully serve as a practically meaningful guideline for …


Inventory Management Effects, Isolated: Evidence From The Federal Funds Market, Yaman Ö. Erzurumlu, Vladimir Kotomin Jan 2010

Inventory Management Effects, Isolated: Evidence From The Federal Funds Market, Yaman Ö. Erzurumlu, Vladimir Kotomin

Faculty Publications - Finance, Insurance, and Law

The federal funds market is highly competitive, has uniform information, and does not have most order-processing cost components of equity markets. Hence, it provides an opportunity to study the effect of inventory management on the bid-ask spread in an isolated fashion. Using a unique data set of daily borrowing and lending federal funds quotes posted by a large commercial bank, we find that the bank maintains a fairly constant bid-ask spread throughout a two-week reserve maintenance period. It acts similarly to a market maker facilitating flow of funds between depository institutions throughout the reserve maintenance period. The bank becomes more …