Business Commons^™

Liquidity And Crises In Asian Equity Markets, Charlie Charoenwong, David K. Ding, Yung Chiang Yang

Research Collection Lee Kong Chian School Of Business

This article presents a discussion of stock market liquidity and its relation to financial crises. It begins by defining liquidity and explaining possible measures of liquidity and then explores factors influencing liquidity. It also analyzes the liquidity among 11 Asian countries. The empirical findings based on the time-series analysis show a sharp decline in stock liquidity during both the 1997-1998 Asian and the recent 2007-2008 global financial crisis. The multivariate regression results show that both stock liquidity and trading activity decrease after large market declines. Stock liquidity responds significantly to large market declines in South Korea and Taiwan whereas it …

Reit To Deal With Hdb Demand-Supply Challenges, Chor Hao Ong, David Kuo Chuen Lee

Research Collection Lee Kong Chian School Of Business

A group of academics from the Singapore Management University (SMU) and a noted property consultant are making the case for a REIT comprising Housing and Development Board (HDB) residential and commercial units.

Improving Housing Status Quo, Sock Yong Phang, David K. C. Lee

Research Collection Lee Kong Chian School Of Business

On home ownership and upgrading, PM Lee Hsien Loong has reaffirmed the Government's objective to make home ownership more affordable for all first-time buyers, especially low-income earners, through increasing the amounts of targeted housing grant subsidies. He spelt out the desired outcomes of housing affordability policy through his detailed matching of Housing Board flat type with household incomes.

On Properties Of Discrete (R,Q) And (S,T) Inventory Systems, Marcus Ang, Jing-Sheng Song, Mingzheng Wang, Hanqin Zhang

Research Collection Lee Kong Chian School Of Business

We consider single-item (r, q) and (s, T) inventory systems with integer-valued demand processes. While most of the inventory literature studies continuous approximations of these models and establishes joint convexity properties of the policy parameters in the continuous space, we show that these properties no longer hold in the discrete space, in the sense of linear interpolation extension and L♮-convexity. This nonconvexity can lead to failure of optimization techniques based on local optimality to obtain the optimal inventory policies. It can also make certain comparative properties established previously using continuous variables invalid. We revise these properties in the discrete space.

Do Firms Hedge Optimally? Evidence From An Exogenous Governance Change, Sterling Zhenrui Huang, Urs Peyer, Benjamin Segal

Research Collection School Of Accountancy

We ask whether firms hedge optimally by analyzing the impact the NYSE/NASDAQ listing rule changes have had, which exogenously imposed board composition changes on a subset of firms, on financial risk management. Using new proxies for the extent of financial risk management in non-financial firms we find that treated firms reduce their financial hedging, in a difference-in-difference framework. The reduction is concentrated in firms with higher conflicts of interests, such as a high CEO equity ownership level, which exposes them to more idiosyncratic risk, and a higher occurrence of option backdating. We reject the hypothesis that newly majority-independent boards reduce …

Fostering An Analytics Culture, Gary Shan Chi Pan

Research Collection School Of Accountancy

No abstract provided.

Derailed: Communicating Singapore’S Mass Transit Crises [Case Study], Pang, A.

Research Collection Lee Kong Chian School Of Business

The case: In December 2011, one of Singapore’s main mass transit rail lines came to a standstill for several hours on two separate days. While occasional public transport breakdowns are unavoidable, the rail operator came under intense criticism for its poor handling of the incidents, including its failure in crisis communication. Its value: This case can be used to illustrate a number of perspectives and concepts from the literature on crisis and organisational communication. Of particular contemporary interest is what the case shows about how communication technologies, including social media, should and should not be used by organisations.

Visual Representation Of Accounting Standards, Pearl Hock Neo Tan, Chu Yeong Lim

Research Collection School Of Accountancy

No abstract provided.

Internal Governance And Real Earnings Management, Qiang Cheng, Jimmy Lee, Terry J. Shevlin

Research Collection School Of Accountancy

We examine whether internal governance affects the extent of real earnings management. Internal governance refers to the process through which key subordinate executives provide checks and balances in the organization and affect corporate decisions. Using the number of years to retirement to capture key subordinate executives’ incentives and using their compensation relative to CEO compensation to capture their influence within the firm, we find that the extent of real earnings management decreases with key subordinate executives’ horizon and influence. In cross-sectional analyses, we find that the impact of internal governance is more important for firms with more complex operations where …

Governance Of Financial Reporting, Poh Sun Seow, Gary Pan

Research Collection School Of Accountancy

No abstract provided.

Getting Your Accounting Right, Themin Suwardy, Jiwei Wang

Research Collection School Of Accountancy

The book brings together authors from the industry and the academic world to contribute articles on the topic of high quality financial reporting. The objective is to help business directors and accounts preparers to understand the importance of high quality financial reporting to their business and get it right from the start.

Making Accounting Productive, Themin Suwardy

Research Collection School Of Accountancy

No abstract provided.

“Network-Theoretic” Queuing Delay Estimation In Theme Park Attractions, Ajay Aravamudhan, Archan Misra, Hoong Chuin Lau

Research Collection School Of Computing and Information Systems

Queuing is a common phenomenon in theme parks which negatively affects visitor experience and revenue yields. There is thus a need for park operators to infer the real queuing delays without expensive investment in human effort or complex tracking infrastructure. In this paper, we depart from the classical queuing theory approach and provide a data-driven and online approach for estimating the time-varying queuing delays experienced at different attractions in a theme park. This work is novel in that it relies purely on empirical observations of the entry time of individual visitors at different attractions, and also accommodates the reality that …

Improving Patient Length-Of-Stay In Emergency Department Through Dynamic Resource Allocation Policies, Kar Way Tan, Wei Hao Tan, Hoong Chuin Lau

Research Collection School Of Computing and Information Systems

In this work, we consider the problem of allocating doctors in the ambulatory area of a hospital's emergency department (ED) based on a set of policies. Traditional staffing methods are static, hence do not react well to surges in patient demands. We study strategies that intelligently adjust the number of doctors based on current and historical information about the patient arrival. Our main contribution is our proposed data-driven online approach that performs adaptive allocation by utilizing historical as well as current arrivals by running symbiotic simulation in real-time. We build a simulation prototype that models ED process that is close …

2013 Applied Projects Evaluation Organizational Impact Report, Svetlana Krasynska, Jennifer A. Jones, Mary Jo Schumann

USD Evaluation of Applied Learning Model in Nonprofit Leadership and Management Master's Program

University of San Diego’s Nonprofit Leadership and Management (NLM) master’s degree program places a special focus on experiential learning, requiring students to complete multiple applied projects as part of the program’s curriculum. Applied projects give students various opportunities to work in teams to provide real-world consulting services to nonprofit and philanthropic organizations. In developing this curriculum, the NLM program serves both the students who are given these real-world consulting opportunities, as well as the client organizations who benefit from the services provided by the students.

In Fall 2010, the University of San Diego’s NLM program initiated an Applied Projects Evaluation …

Your Media Speak So Loud I Can't Hear A Word You're Saying: Impact Of Media And Media Selection On Performance, Martin Hassell

Graduate Theses and Dissertations

With the proliferation of communication media and technologies available, it is important for teams to understand the influence of these media on the performance of their communications. Additionally, it is important for researchers to understand how teams choose and use media. Literature on communication media impacts and communication performance has been somewhat fragmented, and researchers have used different theories and paradigms to study this problem. Researchers still do not have a full understanding of how media influences communication, whether teams recognize and select appropriate media for their communication needs, and what makes some communication more effective, irrespective of the communication …

Price And Store Image As Mitigating Factors In The Perception And Evaluation Of Retailers' Customer-Based Brand Equity, Hagai Gringarten

Graduate Student Dissertations, Theses, Capstones, and Portfolios

Developing, improving, and achieving sustainable advantage is becoming more challenging than ever before. This is due in part to the complexity and the rapidly changing marketing environment. No matter how strong brands are, it is getting harder to achieve and sustain brand equity. Increasingly, firms realize that branding is one of the most valuable intangible assets that firms have. This study aims to provide a better understanding of customer-based brand equity (CBBE) in the era of super brands.

Consumers often base their buying decisions on impressions of price and store image. The objective of the study was to acquire an …

Dressing Indian: Appropriation, Identity, And American Design, 1940-1968, Alison Rose Bazylinski

UNLV Theses, Dissertations, Professional Papers, and Capstones

This thesis examines the ways the American fashion industry and fashion publications appropriated aspects of Indian cultures as marketing tools from 1940 to 1968 and the ways representations stereotypes created through fashion outlets denoted American and individual, rather than Native, identity. Representational stereotypes created at the turn of the twentieth century provided fashion merchandisers and sellers with a home-grown marketing scheme, while the development of an American fashion industry based on mass-produced, ready-to-wear sportswear led to nation-wide dissemination and use of "Indian" colors, patterns, and designs.

The Impact Of Anti-Byod Policies On Generation Z Hospitality Employee's Engagement, Danny Crinson

UNLV Theses, Dissertations, Professional Papers, and Capstones

As an industry hospitality typically reacts to problems rather than tackling them proactively. One of the greatest problems currently faced by the industry is the low engagement rates across employees. These low levels have been linked to many issues including low morale, productivity and high turnover rates. One way to try to remedy this issue before it worsens would be to look at future hospitality employees and try to understand what will engage them. Doing so will allow human resource leaders to make changes to any polices which currently do not synchronize with these engaging factors. With research suggesting that …

Program Fundraising, Tiffany R. Henderson

UNLV Theses, Dissertations, Professional Papers, and Capstones

The purpose of this professional paper is to explore and understand the aspects of fundraising for Career and Technical Education (CTAE) programs, specifically culinary arts programs. The goal is to identify methods to raise funds and who will be the catalyst of providing those funds, and to develop a one, three and five year integrated fundraising plan.

The Determinants And Consequences Of Ceo Cheap Stock In Ipos, Michael Dennis Stuart

Graduate Theses and Dissertations

The term "cheap stock" describes undervalued stock options granted to CEOs and other key employees prior to initial public offerings (IPOs). Pre-IPO firms have incentives to issue cheap stock as compensation because it results in lower compensation expense on the income statement and in large cash windfalls to CEOs subsequent to the IPO. Because cheap stock results in an overstatement of earnings, the Securities and Exchange Commission frequently challenges the valuations of these grants, which makes cheap stock a key accounting issue in many IPOs. Using a sample of firms that completed IPOs between 2004 and 2007, I investigate the …

Comcast Launches New X1 Service In Utah To Compete In Innovative Industry, Usu Jon M. Huntsman School Of Business, Whitney Evans

Jon M. Huntsman School of Business News Collection

SALT LAKE CITY — Many Utahns received the latest Comcast technology Tuesday in what company executives hope will revolutionize the television experience.

E&Y Sponsors Classroom In Huntsman Hall, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Ernst & Young is among several sponsors who have pledged funding for named rooms in the new Huntsman Hall addition to the Jon M. Huntsman School of Business building opening Fall 2015. The School of Accountancy is honored and pleased to receive E&Y’s sponsorship and looks forward to utilizing the new space to train future generations of accountants. If your organization is interested in a sponsorship, please contact Lance Beckert at [email protected].

Finding The Sweet Spot In Your Life Can Be More Than Just A Dream, Bob Porter

UCF Forum

When I was a small child, I had a recurring dream that I ran and jumped out of my second-story bedroom window and began to fly. I would fly around the neighborhood to see my friends and help people, and I had a lot of fun doing it. I can’t exactly recall how I learned to fly, but it was instinctive, and I just inherently knew it was a gift. I can still remember how my stomach would get jittery in the moments right before I took the jump in order to fly.

2013-July-31-Intopform Director, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

Interactive Empathy And Leader Effectiveness: An Evaluation Of How Sensing Emotion And Responding With Empathy Influence Corporate Leader Effectiveness, Gerald Burch

Theses and Dissertations

Empathy has been shown to be a very powerful social and work ability. This study surveyed 754 employees of a privately held eastern United States company, and incorporated annual performance evaluations to empirically link interactive empathy to leader performance of 102 leaders. Data was collected from the leader’s followers, peers, and supervisors and from self-report personality evaluations. The results of this study show that leaders that are willing to engage their followers with empathic displays are seen as better leaders from their supervisors and have more engaged employees. Other contributions of this study include validation of the interactive empathy scale …

Creating A New Kind Of Hero At Wellstar Health System, Donald H. Campbell

Journal of Executive Education

When Dr. Marcus Welby practiced medicine things were different. A diagnosis was not always simple but a cure was never far out of sight. More importantly the roles of physician, patient, nurse and family were clear. The doctor was in charge. His actions were never questioned. Operating on an infectious disease model of medical care where every illness had a cause, an effect, and a cure, he was revered as the holder of the key to the cure. He held most, if not all of the information. Communication was typically one way. No one ever questioned the information, its source, …

Education For Management: Pros &Cons Of Using Case Method In The Xxi Century, Carlos Ruiz Gonzalez

Journal of Executive Education

This is a paper on the Case Method, or what is now frequently called “Participant Centered Learning” method. The main purpose of it is to make some reflections on the pros & cons of using this methodology Case Method in the XXI Century. The Case Method, which has been defined as a: “Teaching approach that consists in presenting the students with a Case, putting them in the role of a decision maker facing a problem,”(Raymond, 1998 and Hammond, 1976)is a methodology of learning that is specially suited to improve or ameliorate the competences required for management.

Executive Education And Business Strategy: Alignment Through Mission Control, William R. Mcnay

Journal of Executive Education

This paper examines the reasons why business organizations often fail to achieve anticipated results from their highly-regarded strategic plans, and this information is then used to determine what educators can do to help executives provide leadership in the firm’s total strategic management activities. The focus of the paper is on the importance of aligning executive education with the firm’s business strategy through “mission control.”

Finance Training And Team Building: An Example Of Finance Training Leading To Team Building, Sam G. Berry, William C. Sharbrough

Journal of Executive Education

This research describes and evaluates how a finance training exercise led to readily identifiable team building among the participants in an executive development workshop initially targeted as a “Finance for the Non-Financial Executive “program. The finance exercise required the participants to make financial/operational tradeoffs in their own section of the firm in order to

improve the return on assets for the corporation at large. The finance training workshop is used as a case study to provide observed behavioral inputs to evaluate and confirm that the finance training led to the team building. In order to confirm the emergence of team …