Business Commons^™

Power, Responsibility & Wisdom: Exploring The Issues At The Core Of Ethical Decision-Making And Leadership, Bruce Lloyd

The Journal of Values-Based Leadership

Decision-making ostensibly requires the exercise of Power. But that use of Power must be counterbalanced with Responsibility in order to make good decisions. Infusing Wisdom into the decision-making process necessarily incorporates an ethical component and involves both the identification and evaluation of relationships. Wise decision-making, therefore, requires the application of Wisdom which transcends simple, short-lived factual proficiency. It is this careful weighing of Wisdom, Power, Knowledge, and Responsibility which must guide our business leaders and be taught to our business students.

Values-Based Leadership And Happiness: Enlightened Leadership Improves The Return On People, Charles A. Millick

The Journal of Values-Based Leadership

As employees assert a greater role in corporate management and decision-making, the successful institution recognizes and rewards these values while decentralizing the traditional workforce hierarchy.

Accounting Ethics Education: An Authentic Value-Based Approach, Otto H. Chang

The Journal of Values-Based Leadership

In order to infuse the teaching of ethics in the field of Accounting as well as within a business school curriculum per se, the traditional neo-classical method must move away from the microcosm of "self" in favor of consideration for "others."

Authentic Identity: The Essence Of How Successful “Ecopreneurs” Communicate, Chantal B. Schauch

The Journal of Values-Based Leadership

Entrepreneurs can no longer ignore the environmental consequences of their industrial practices. Those that do will most certainly fail. Ms. Schauch‘s research concentrates on the five distinguishing traits of a successful ―ecopreneur‖: (1) grounded by values and living by values; (2) belief in cause and passion for cause (3) resolute in mission and consistent across mission; (4) like-minded relationships and transparent relationships; and (5) learning for life and returning for life.

1st Source Bank: A Partner From The Great Depression Through The Economic Recession, Elizabeth Gingerich

The Journal of Values-Based Leadership

First (1st) Source Bank has defied the odds by escaping the plight of so many community banks without expending government aid. Ethics, stakeholder protection and respect, and sense of community, have all been contributing factors to this hometown bank‘s survival and growth.

Letter From The Editor

The Journal of Values-Based Leadership

No abstract provided.

Distributed Development And Product Line Decisions, Ram Bala, V. Krishnan, Wenge Zhu

Information Systems and Analytics

Distributed product development is becoming increasingly prevalent in a number of industries. We study how the global distribution of product development impacts the profit-maximizing product line that a firm offers. Specifically, we formulate a model to understand the linkage between cost arbitrage as a driver of distributed development and consequent market implications such as customer perceived quality loss to remotely developed products. Analysis of the model reveals that a firm should expand the product line for a development-intensive good only at intermediate values of cost advantage and quality loss. We modify the base model to include development capacity constraints as …

The Effect Of Ifrs On The Financial Ratios Of Canadian Public Mining Companies., Heath Aaron Mcconnell

Undergraduate Honors Theses

The objective of this study is to add to the body of research concerning International Financial Reporting Standards (IFRS). To accomplish this objective, it will examine whether Canada’s adoption of IFRS, which replaced Canadian Generally Accepted Accounting Principles (GAAP), appears to affect the reported financial performance of Canadian public mining companies. Financial information for 2010 from the audited financial statements, as stated under IFRS and Canadian GAAP, were used to compute selected financial ratios. These financial ratios were tested to determine if statistically significant differences in their dispersion and central tendency resulted from adopting IFRS. It was found that no …

Causes And Treatment Of Foreclosure: A Review Of The Obama Administration's Home Affordable Modification Program., Savannah Perkins

Undergraduate Honors Theses

After the recent housing bubble burst, foreclosures ran rampant across the United States. Focused concentrations occurred in Florida, California, Nevada, Utah, and other states. Despite government intervention through many foreclosure mitigation plans, the housing market is still incredibly volatile today. With many plans proving ineffective, the Obama Administration has its hopes set on the Making Home Affordable program (MHA), which is broken down into the Home Affordable Modification Program (HAMP) and the Home Affordable Refinance Program (HARP). This study seeks to evaluate the effectiveness of the Home Affordable Modification Program on overall and individual mortgage servicer levels by assessing changes …

Daring To Dream, Michelle Carreon

Honors Theses

Many people are unaware of the DREAM Act and its benefits; however, many scholars agree that the DREAM Act at the federal level is potentially beneficial to those undocumented students and to the United States. These scholars have researched the various benefits of the DREAM Act, such as an increase in human capital, increase in education revenue, and increase in taxable income. The DREAM Act can potentially give students the opportunity to obtain a higher education and ultimately a job and a better life. Most likely, ignorance of the DREAM Act has obscured the benefits it provides. People are more …

Tags And Roger, Richard C. Crepeau

On Sport and Society

Is there anyone out there who thought that Paul Tagliabue would overturn the player suspensions imposed by NFL Commissioner Roger Goodell in the New Orleans bounty case? Maybe someone somewhere had predicted this, but if they did they would be members of an extremely small club.

Title Ix Compliance: A Comparison Of Division I Equality, Jacqueline Leake

Honors Theses

The passage of Title IX of the Education Amendments of 1972 has had a significant impact on college athletics. However, there is still a large disparity between opportunities offered for men and women. This study determined the true gender equality within Division I athletics. Inequalities were assessed in the areas of athletic participation, athletically related student aid, recruiting expenses, and total expenses. Data from these areas were gathered from the Equity in Athletics Disclosure Analysis Cutting Tool. Ratios and the difference between the ideal and current values were calculated for each category. Institutions were ranked in each category, as well …

What Impact Does Cause-Related Marketing Have On Professional Sports Teams?, Christina Damore

Honors Theses

In today's competitive business climate, firms must find new and innovative ways to differentiate their brand from others in their field. American Express Credit Card Company discovered such a marketing tool in 1981 when they sponsored the Statue of Liberty Restoration Project by donating a predetermined percentage of their card sales. The purpose of the sponsorship was twofold: American Express wished to increase card usage as well as support a cause to gain an overall better corporate image. In the end, American Express experienced a 28% increase in card usage and was able to donate $1.7 million to the Statue …

Mergers And Acquisitions In Small And Medium Sized Enterprises In The Health Care Industry: The Effect Of Regulations On Merger And Acquisition Success, Jessica Bucci

Honors Theses

This study aims to address the lack of information present on small and medium sized enterprises in the merger and acquisition process. An analysis of M&As in the health care industry was conducted The regulations in the health care industry are also investigated in order to demonstrate their effect on SMEs wishing to participate in M&As. A qualitative analysis was conducted to analyze interviews of physicians who have participating in M&As. The results demonstrate the similarities and differences in large and SME M&As.

The Quality Of Corporate Governance And The Length It Takes To Remove Apoor Performing Ceo. Does Performance Of The Former Firm Affect A Ceo's Ability To Find An Identical With A Subsequent Firm?, Huong Nguyen

LSU New Orleans Theses and Dissertations

Abstract 1:

In this paper, we investigate the effects of internal corporate governance on the length it takes to remove a CEO after the initial sign of poor firm performance. We find that firms that have a better quality of internal corporate governance are quicker to remove poor-performing CEOs. This result persists after controlling for other factors that might influence the CEO removal decision.

Abstract 2:

Employing a sample of voluntary CEO turnovers selected from S&P 500 firms over the period 2004-2009, I investigate the impact prior firm performance on a CEO’s potential of being hired on an equivalent job …

Two Essays On Investment, Yao Zheng

LSU New Orleans Theses and Dissertations

This dissertation consists of two essays: one looks at the time-varying relationship between earnings and price momentum, and the other looks at how liquidity and transparency affect the pricing differential between Chinese A-and Hong Kong H-share.

The first essay presented in Chapter I investigates the time varying relationship between earnings momentum and price momentum. Using a Markov-switching framework, allowing for variation between high volatility and low volatility states, I find that price momentum is significantly more influenced by earnings momentum in the high volatility state. Further for price momentum I find that loser firms display a higher degree of differential …

Engaged Leadership: New Concept Or Evolutionary In Nature?, Edward Woods Iii

The Journal of Values-Based Leadership

Mr. Woods provides a critique and a book review of Clint Swindall‘s Engaged Leadership. His accolades relate primarily to Swindell‘s communication of connecting the dynamics of a work environment and the applications of engaged leadership in fable format. He decries, however, the author‘s missed opportunities to further associate engaged leadership to an established theory of management and to use polling data which attempts to ascertain any cost savings associated with engaged leadership.

The Needs Of The Stakeholders Are The Seeds Of Growth For The Organisation (Interview With Mr. G. Narayana), Shashank Shah

The Journal of Values-Based Leadership

A rare interview with a well-regarded leader of commerce in India is presented by the author, Dr. Shashank Shah. The interviewee, Mr. G. Narayana, is Chairman Emeritus of Excel Industries Ltd. (Excel). Mr. Narayana is noted for his ability to positively motivate people through kindness and the integration of spirituality in the workplace. His brand of leadership is characterized by a type of management philosophy that integrates the scientific principles of the West with the profound thought of Indian scriptures.

Commentary: The Business Of Warfare: Winning Hearts And Minds, Susannah Marie Gingerich-Larson

The Journal of Values-Based Leadership

Assuming there are business ethics in warfare appears to represent the ultimate irony. There is no doubt that certain business profit from the exploits of war. But when the objectives are reconfigured with the objectives embracing, this is the time when ethical leadership is most in demand.

A Model For Implementing A Successful Sustainability Strategy, David B. Brauer

The Journal of Values-Based Leadership

The process of implementing sustainability within national and international corporate functions requires senior management commitment and a sustainability team which employs the correct leadership knowledge and skills. Additionally, all stakeholders must fully understand, accept, routinely monitor, and participate in the strategy of sustainability. This core business value must also be clearly articulated throughout the organization.

The Personal Values Of School Leaders In Pakistan: A Contextual Model Of Regulation And Influence, Sharifullah Baig

The Journal of Values-Based Leadership

The author presents a unique comparative case study which explores the types of personal values and the motivational bases for the acquisition of ethical leadership practices in the context of two schools in Pakistan. Baig notes that the data shows that the inherent religious and communal values of one‘s community and social structure constitute strong, motivational factors in cultivating a school and forging relationships with members of the external community.

The Character X Factor In Selecting Leaders: Beyond Ethics, Virtues, And Values, Robert Mckenna, G. Victoria Campbell

The Journal of Values-Based Leadership

Leading with character requires a person to maintain a delicate balance of certain traits and understand the tensions which exist between humility and conviction, reluctance and courage, and vulnerability and integrity. A true leader must look beyond the content of a problem and rather examine the context of his or her individual make-up in relationship to themselves as well as to their surroundings.

Conflict Resolution: Cultural Understanding Imperative, Livingston S. Tindal

The Journal of Values-Based Leadership

Business transactions and other potential incidences of conflict resolution must be met by participants who have transcended the isolating and often arrogant traits of individualism and must expand to embrace the collective — to realize the importance of learning and understanding cultural differences and whatever creates the uniqueness of the individual. This is particularly critical for success in the global marketplace.

Employing The Seven Army Values To Win Hearts And Minds, Jonn Kusch

The Journal of Values-Based Leadership

When the objectives of warfare focus not only on seeking out the enemy, but by garnering grass-roots support by the local citizenry through personal interaction, this ―winning hearts and minds‖ strategy commands a culturally sensitive and well defined principled leadership ─ a model which could be used by the business community. In this article, Lieutenant Jonn Kusch provides a rare look into the seemingly insurmountable challenges in Afghanistan and identifies certain values employed by his battalion in fulfilling their charges.

Letter From The Editor

The Journal of Values-Based Leadership

No abstract provided.

The Story Of Ethicus: India's First Ethical Fashion Brand, Ajith Sankar

The Journal of Values-Based Leadership

Historically, cotton has played a significant role in India’s independence from British rule and continues to be a factor in that nation’s growth and recognition as a premier trading partner. Now, the Ethicus brand has provided the world with a template of how to create and develop an industry sustainably, giving due regard to the process and to each employee.

Redemption In The Dean’S Office, Christine Clements

The Journal of Values-Based Leadership

Academic deans, like all leaders trying to create principled-based positions, are subject to the hubris of power and the often divergent demands of many stakeholders. Dean Clements discusses how a leader’s failures, as well as successes, are all necessary to properly cultivate this role.

Values-Based Leadership: A Shift In Attitude, Joseph Hester

The Journal of Values-Based Leadership

To genuinely refer to leadership as “values-based,” a shift in attitude is required and the “ethics of care” must be embraced. This modification will ostensibly involve a subjective commitment to reason consistently and prudently, to care for others, and to dedicate oneself to reconsider his or her actions and behaviors.

Capital Budgeting And Sustainable Enterprises: Ethical Implications, Ron Sookram, Balraj Kistow

The Journal of Values-Based Leadership

This article focuses upon the growing, universal influence of social, environmental, and economic factors in business decision-making and the possibility of developing sustainable enterprises through a triple-bottom-line, capital budgeting approach.

Business And Corporate Stakeholders Management: Interactions With An Eminent Expert From The Indian Banking And Finance Industry (Interview With Sanjiv Bhasin), Shashank Shah

The Journal of Values-Based Leadership

A very insightful look into the evolving ethics of the emerging, sustainable business culture as derived from an interview with Mr. Sanjiv Bhasin, Managing Director of DBS Bank Ltd. India and former CEO and Managing Director of Rabo India Finance Ltd.