Business Commons^™

The Gift Of Difference, Effenus Henderson

Effenus Henderson

A poem reflecting on how difference is a gift and leaders should learn to appreciate, value and respect that gift. In the end, leaders succeed or fail by how they behave towards difference.

Intended And Unintended Consequences Of The Proposed Volcker Rule, Alida S. Skold

Alida S. Skold

Regulation is intended to protect the vulnerable. However, in its present form the unintended consequences of the proposed Volcker Rule has the potential of continuing the liquidity crisis that aided in the degradation of the housing market into decreased liquidity in the capital markets. In addition to increasing costs to the investor and decreasing market efficiency from increased bid ask price spreads, the proposed rule will transfer risk to less regulated financial institutions as new hedge funds open. The risk can have a profound impact on the retirement community through underfunded pension funds searching for absolute returns. Another unintended consequence …

Strategi Kebijakan Tekno Ekonomi Pengelolaan Gas Ikutan (Associated Gas), Dr. Zulkifli Rangkuti

Zulkifli Rangkuti

No abstract provided.

Noción Y Elementos Existenciales Del Título De Crédito, Bruno L. Costantini García

Bruno L. Costantini García

Discernir la noción y elementos de existencia de los títulos de crédito, considerando la doctrina y la denominación expresada en nuestra Ley General de Títulos y Operaciones de Crédito, conceptualizando el término de los documentos que consignan un derecho crediticio propio de su naturaleza y deslindando de manera dogmatica y exegética los elementos que lo forman y le dan su funcionamiento, mediante una visión de las instituciones jurídicas que les dan su existencia y aplicación dentro del devenir de los actos de comercio.

Board Interlocking #2, Wesley Mendes-Da-Silva

Wesley Mendes-Da-Silva

No abstract provided.

Locating Sociological Concepts In Business Games, Dylan Kissane, Helen Roux-Fontaine

Dylan Kissane

"This article describes one strategy for demonstrating the value of sociological concepts to business students by adopting a cross-discipline approach to a business game at a French-American business school. This strategy proved effective in allowing a social science professor to demonstrate the practical implications of two concepts – gender and race – to undergraduate students while simultaneously allowing an international management professor to demonstrate how cross-cultural teams should be managed in order to work effectively. This article first explains the Ecotonos business game; secondly, it explains the crucial debriefing process for the business game and demonstrates how sociological concepts can …

Analysis Of Co-Movements Between The Capital Markets In Brazil And The United States, Daniel Reed Bergmann, Wesley Mendes-Da-Silva

Wesley Mendes-Da-Silva

In this article copula theory is used to analyze the co-movements between the Brazilian and American capital markets. To formulate an effective asset allocation strategy, it is important to understand extreme events – both positive (booms) and negative (crashes) – and their effects on markets. The market indexes used are the Ibovespa and the S&P 500, covering the period from March 2001 to April 2007. We tested the adherence to the log-returns of the main copulas found in the financial literature, using the following criteria: log-likelihood, Akaike information criterion and Bayesian information criterion. The results show that the symmetrized Joe-Clayton …

Generalidades De La Propiedad Intelectual En México, Bruno L. Costantini García

Bruno L. Costantini García

Presentación de las Generalidades de la Propiedad Intelectual en México (Propiedad Industrial y Derechos de Autor), legislación que la rige, aplicación y modalidades

Lean Manufacturing Initiatives, Anthony J. Jackson Prof

Anthony J Jackson Prof

The purpose of this research study is to analyze the factors that prevent small and medium size enterprises from implementing lean manufacturing processes and show, that by not implementing lean they are missing out on savings, efficient workforce, and new markets in the globalization arena. Globalization offers opportunities that have not been realized by SME’s yet still pose challenges and barriers that can be overcome by adoption and implementation of lean manufacturing.

Ownership Unbundling In European Energy Market & Legal Problems Under Eu Law, Michael Diathesopoulos

Michael Diathesopoulos

In this paper we will examine the issue of ownership unbundling and forced divestiture remedies imposed in a series of recent competition law cases of the energy market - examined in other papers - in relation to the possible existence of a series of legal obstacles. These energy market decisions belong to a group of antitrust cases in which a structural divestiture remedy has been imposed under the provisions of Article 9 of Regulation 1/2003. This divestiture refers to transmission networks and to generation capacity and is meant to lead to severe structural changes, which are compatible with the findings …

Leaders Of Today Are Challenged By Generation X Workforce Retention, Joyce K. Kutin

Joyce K Kutin RN, MSN, MOL

Many organizations today are comprised of a culturally diverse workforce. In addition to organizational diversity related to gender, ethnicity, race, or religious beliefs, there are also four different generations working side by side. Today’s workforce includes the Silent Generation, the Baby Boomers, Generation X, and Generation Y. The Silent Generation is known for their lifestyle approach of consistency, uniformity, conformity, law and order, hard work and playing by the rules. Baby Boomers were the first generation to grow up with television; they were the first to have broad access to news, issues, advertising, and a variety of programming. Generation X …

La Jurisprudencia En México, Bruno L. Costantini García

Bruno L. Costantini García

Breve presentación de la jurisprudencia en México, su aplicación, objetivos y fines para el Derecho Mexicano. ¿Por qué es util para el derecho? ¿Quién la emite?

Notariado Y Correduria Y Su Registro En México, Bruno L. Costantini García

Bruno L. Costantini García

Introducción al Derecho Notarial y Registral en México, cuyo objeto es conocer los elementos de las figuras del notario y del corredor público, la formalización de sus actos y su registro.

Assessment System Based On Fuzzy Scoring In European Foundation For Quality Management (Efqm) Business Excellence Model, J Dodangeh

Javad Dodangeh

There are a few popular business excellence models that provide standard criteria against which an organization can measure its performances. European Foundation for Quality Management (EFQM) is the most popular one. The organizational self-assessment process is an admissible system in the area of Total Quality Management (TQM). Most specialists concur to the description of self-assessment that is presented by the European Foundation for Quality Management (EFQM). However, the current selfassessment methods in EFQM model have some drawbacks and problems which are scoring in these methods influenced by experts’ judgment and thus, are subjective. Furthermore, these methods cannot consider the empirical …

Investor’S Dilemma: Fundamentals Or Biasness In Investment Decision, Rana Rashid Rehman

Rana Rashid Rehman

In the present world Investment decision is most important phenomena. Investment is current sacrifice for future benefits, So while making investment decisions we have to keep different things in mind. Investment decisions are influenced not only by their fundamentals but also depend on different factors. One factor is the biasness of any investor to their investment, biasness depends on the cognition and emotions, because some investors use them as heuristic for the investment decision instead of fundamentals. Keeping this in view, this paper shows how cognitive biasness (i.e. Representativeness, Adjustment and Anchoring, Leniency) effects the investment decisions over the fundamentals. …

Overview Of The Evolution Of China's Central Bank And Monetary Policy: Correlation To The European Union, Alida S. Skold

Alida S. Skold

As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to control inflation and to maintain financial stability as the government transforms itself from a planned economy to a mixed market economy. The transforming economy is moving toward a free market system through series of economic reforms. The correlation between China’s structure and the …

Designing Fuzzy Multi Criteria Decision Making Model For Best Selection Of Areas For Improvement In Efqm, J Dodangeh

Javad Dodangeh

In a growingly competitive business environment, numerous organizations adopt the total quality management (TQM) approach, to struggle for business excellence. To monitor the progress towards business excellence, thousands of organizations across the world use self-assessment on a regular basis. There are a few popular business excellence models, that provide standard criteria against which an organization can measure its performances. European Foundation for Quality Management (EFQM) is the most popular ones. The EFQM Excellence Model was introduced at the beginning of 1992, as the framework for assessing organizations for the European Quality Award. It is now the most widely used organizational …

Llcs And Corporations: A Fork In The Road In Delaware?, Joshua P. Fershee

Joshua P Fershee

As Vice Chancellor Laster explained in CML V, LLC v. Bax, 6 A.3d 238 (Del. Ch. Nov. 3, 2010): '[T]here is nothing absurd about different legal principles applying to corporations and LLCs.'" This short paper argues that courts should respect the LLC as a business form distinct from corporations and that Delaware courts have taken the first step toward doing just that.

Where legislatures have decided that distinctly corporate concepts should apply to LLCs—such as allowing piercing the veil or derivative lawsuits—those wishes (obviously) should be honored by the courts. But where state LLC laws are silent, courts should carefully …

Auburn University Team Takes Third Place In 2011 Launchpad Competition

Paul Swamidass

"Launchpad helps motivate the Thomas Walter Center to prepare a sound business plan for a promising Auburn University engineering invention each year," said Swamidass. "The screening provided by the Launchpad judges and publicity offered by the competition increases the chances that a strong Auburn invention will get to market for the benefit of the economy and the public. We expect IPC Foam to attract a CEO and private capital to establish a local startup to successfully commercialize this technology."

Role Of Emotional Intelligence On The Relationship Among Leadership Styles, Decision Making Styles And Organizational Performance: A Review, Rana Rashid Rehman

Rana Rashid Rehman

This paper constructs a conceptual model to study the impact of emotional intelligence on the relationship among leadership styles, decision making styles and organizational performance. Study also give the brief review of emotional intelligence, leadership styles and the relationship among leadership styles, emotional intelligence and other studied variables. The paper has conceptual based theoretical evidences to support the model. Research findings of the previous literature supports the idea that emotional intelligence moderates the relationship among leadership styles and decision making styles as emotional intelligence strongly associated with leadership styles and decision making styles. Emotional intelligence also moderates the relationship between …

Competition Law And Sector Regulation In The European Energy Market After The Third Energy Package: Hierarchy And Efficiency, Michael Diathesopoulos

Michael Diathesopoulos

The aim of this research is to provide the basic parameters for a model for the definition of the relation between the general competition and sector specific frameworks and rules regarding the regulation of the Internal Energy Market, especially after the Third Energy Package. The research considers the recent sector specific framework in relation to a series of recent competition law cases of the Energy Market where structural remedies were applied under the commitments procedure. Essential facilities doctrine and generally competition law tools do not seem to provide a suitable framework for effectively addressing the dynamic competition concept, treating the …

La Disciplina Della Redazione Del Bilancio Di Esercizio Delle Società Di Calcio. Confronto Con L'Esperienza Internazionale Ed Impatto Del C.D. "Financial Fair Play", Claudio Sottoriva, Alberto Benoldi

Claudio Sottoriva

Il contributo analizza i principali aspetti relativi alla redazione del bilancio delle società di calcio nell'ambito della normativa contabile nazionale e propone un confronto con le problematiche di rendicontazione contabile internazionali. Il contributo evidenzia altresì i principali elementi costituenti il c.d. "Financial Fair Play" previsto dall'UEFA per la partecipazione dei football club alle competizioni europee.

Il Comitato Per Il Controllo Interno E Per La Revisione Contabile Introdotto Dall’Art. 19 Del D.Lgs. 39/2010: Riflessioni In Sede Di Prima Istituzione Alla Luce Delle Indicazioni Dell’Unione Europea, Claudio Sottoriva

Claudio Sottoriva

L’esperienza nazionale in tema di costituzione di “comitati” interni all’organo amministrativo si arricchisce, alla luce del D.Lgs. 39/2010, del comitato per il controllo interno e per la revisione contabile ai sensi dell’art. 19 dello stesso. Facendo riferimento alla realtà italiana ed europea in generale si evidenzia la progressiva sperimentazione di formule compositive degli organi amministrativi e di controllo finalizzate ad una loro maggiore specializzazione secondo quanto previsto dai principali codici di autodisciplina (soprattutto avuto riguardo alle società aventi titoli negoziati in mercati regolamentati). Il comitato ex art. 19 del D.Lgs. 39/2010 è previsto per tutti gli enti di interesse nazionale …

Impact Of Human Capital On The Organization Performance, Philadelphia University

Philadelphia University, Jordan

No abstract provided.

Beacon Hill Village In Boston: Ein Erfolgreiches Beispiel Einer Mitgliederorganisation Auf Quartiersebene, Philipp Osl, Alain Benz, Hubert Oesterle

Hubert Oesterle

Beacon Hill Village erbringt und koordiniert als Intermediär ein breites Spektrum von Dienstleistungen für ältere Menschen in Boston. Durch Kombination professioneller Dienstleister und Freiwilligenarbeit sowie alternative Preismodelle für finanzschwache Mitglieder ist es der Organisation gelungen, ein an den Kundenbedürfnissen orientiertes Angebot für (fast) alle Menschen zugänglich zu machen. Der Beitrag stellt das Geschäftsmodell von Beacon Hill Village vor und diskutiert die Umsetzbarkeit in Deutschland.

Business And Non-Profit Organizations Facing Increased Competition And Growing Customers' Demands (Vol. 10), Anna Ujwary-Gil

Anna Ujwary-Gil

The major issues analyzed in the papers referred to: • business and non-profit organizations as an object of scientific research, • business and non-profit organizations in market economy, • modern tools for business and non-profit organizations management • business and non-profit organizations – global and regional aspects, • financial aspects of managing business and non-profit organizations.

The Analysis Of Barriers To Knowledge Management In The Organization, Anna Ujwary-Gil

Anna Ujwary-Gil

tThe subject of this article is to highlight the need for cooperation and exchange of knowledge among communities of the organization to develop and achieve competitive advantage in the market. On the other hand, research indicates that cooperation is not always the case, so it is worth considering why this is happening. An important part of this article is to present the latest results of research carried out under the EU project entitled Knowledge Management System Model for Enterprise. An analysis of barriers to knowledge management. A tool for analysis of barriers to knowledge management in the company (Model Personnel …

A Competence-Based Curriculum Design For Entrepreneurship Study Program, Togar M. Simatupang Tms

Togar M Simatupang TMS

Indonesia is affected by global crisis. Increasing the number of entrepreneurs is one of many solutions to increase the economic growth in Indonesia. The number of entrepreneurs in Indonesia to leverage the economic growth is still limited. Entrepreneurs can be prepared through an Entrepreneurship Study Program. Entrepreneurship Study Program attempts to create qualified entrepreneurs who have relevant competences. In order to create a qualified entrepreneurs, the Entrepreneurial Studies Program requires a competency-based curriculum that will support the educational process and provide all the necessary to become future entrepreneurs who can survive through a global challenge. This research aims to design …

Levels And Degrees Of Emergence: Toward A Matrix Of Complexity In Entrepreneurship, Benyamin Lichtenstein

Benyamin Lichtenstein

Abstract: Emergence is at the core of entrepreneurship research, which has explored the coming-into-being of opportunities, new organisations, re-organisations, and new industries, agglomerations, and so on. Emergence is also at the theoretical core of complexity science, which is dedicated to exploring how and why emergence happens in dynamic systems like entrepreneurship. I propose a definition for emergence, which leads to the notion that emergence can occur in ‘degrees’ – from 1st-degree emergence to 2nd-degree and 3rd-degree emergence. Next, I provide a complexity-based explanation for the driver of emergence – ‘opportunity tension’, which sparks the entrepreneuring process. Finally, I draw from …

In Cds We Trust - An Analysis Of Credit Default Swaps In Contract And Regulatory Law, Patrick Winfried Ladon

Patrick Ladon

This paper analyzes the utility of the credit default swap, examining its vital characteristics in contract law and within the new legal framework established after the multi-trillion dollar plunge in the credit default swaps market in 2008. While market participants tend only to measure the credit risk mitigation effects of credit default swaps, this paper provides a comparative legal review of the credit default swap, focusing on its aleatory element in the light of such traditional contract types as the gambling contract, the financial guarantee or the insurance contract. Although the advantage of credit default swaps as credit information sharing …