Business Commons^™

The Flash Crash: A Cautionary Tale About Highly Fragmented Markets, Albert J. Menkveld, Bart Zhou Yueshen

Research Collection Lee Kong Chian School Of Business

A breakdown of cross-market arbitrage activity could make markets more fragile and result in price crashes. We provide suggestive evidence for this novel channel based on a high-frequency analysis of the most salient crash in recent history: The Flash Crash. We further show that such an event can be extremely costly for a large seller trading in a particular venue as the seller effectively relies on local liquidity supply only. These findings highlight the vulnerability of today's highly fragmented markets.

Optimal Control And Cooperative Game Theory Based Analysis Of A By-Product Synergy System, Mahmut Parlar, Sharafali Moosa, Mark Goh

Research Collection Lee Kong Chian School Of Business

In this paper, we propose a framework to analyse the setting up of an industrial symbiosis system. The establishment of such a system entails implementation of expensive technologies by the companies so as to convert wastes into energy and other mutually beneficial materials. Much of the literature on modeling industrial symbiosis do not consider this important aspect of high conversion costs. Further, such a cooperative effort will be sustainable only if the high cost of implementing technologies is compensated by sharing of the benefits in a fair and satisfactory manner. Towards this end, first at a general level, we addres …

A Delphi Study: Retention Of Women In Leadership Positions In Stem Disciplines, Kimberly T. Luthi

Educational Leadership & Workforce Development Theses & Dissertations

This Delphi study explores barriers and support systems that impact women’s professional advancement in STEM disciplines. There were 20 expert panelists who committed to participate in the study and 15 panelists completed the four rounds of the study after attrition. The panelists were selected based on specific criteria including educational background, diversity within STEM disciplines, experience as a former or current female administrator who served at two-year degree offering institutions, leadership and membership within women’s advocacy organizations in STEM and related workforce education fields, and depth of knowledge and understanding of the research questions. Through the four rounds of the …

Creating Rich And Representative Personas By Discovering Affordances, Mostafa Mesgari, Chitu Okoli, Ana Ortiz De Guinea

Information Systems and Business Analytics Faculty Works

During the last decade, information system designers have used the persona technique to put user needs and preferences at the center of all development decisions. Persona development teams draw on qualitative data, quantitative data or a combination of both to develop personas that are representative of the target users. Despite the benefits of both approaches, qualitative methods are limited by the cognitive capabilities of the experts, whereas quantitative methods lack contextual richness. To gain the advantages of both approaches, this article suggests a mixed qualitative-quantitative approach to create user personas based on the patterns of the affordances they actualize rather …

Social Emotional Skills In Adventure Education: A Qualitative Study On The Connection Of Adventure Education Participation And Social Emotional Skills In High School Students, Joseph A. Reynolds

Masters Theses

The purpose of this study was to examine possible connections between participation in an Adventure Education (AE) course and social-emotional skills (SEL) in a group of high school students during their junior and senior years. Six participants agreed to a one-on-one, open-ended, interview to determine their experiences from taking a 5-6 week AE course. Those experiences were then explored for relativity to SEL. A phenomenological approach gained an understanding of the participant’s experience throughout the course. Findings indicated, through participation in the course, participants experienced impacts on self-confidence and self-awareness, and shared experiences of changes in empathy and connectivity to …

More Than The Bottom Line, Edmund Keung, Themin Suwardy, Yew Kee Ho

Research Collection School Of Accountancy

In the second instalment of a three-part series on financial literacy, SMU Dean of Postgraduate Professional Programmes and Associate Professor of Accounting (Practice) Themin Suwardy, NUS Associate Professor of Accounting Edmund Keung and SIT Associate Provost and Professor of Accounting Ho Yew Kee discussed three important accounting concepts that investors need to understand in order to know how a company is performing financially.

Successful Venture Building: What Matters! An Empirical Examination Of Effective Incubation Practices, Patrick Thng

Dissertations and Theses Collection (Open Access)

Incubator models have evolved since the first known US incubator in 1959. From the first generation of a facilities-focused incubator model in the 1960s to the fourth generation of emerging models, commonly referred to as, the “Accelerator” model and the “Venture Builder” model.
Since 2006, there has been a significant increase in the number of venture builders and accelerators. Yet very little is known about a) their performance and the antecedents; b) the key differences between venture builders and accelerators; c) the factors and practices that characterise highly successful venture builders and d) their (venture builders)comparative advantages or disadvantages compared …

J Mich Dent Assoc October 2019

The Journal of the Michigan Dental Association

Every month, The Journal of the Michigan Dental Association brings news, information, and features about Michigan dentistry to our state's oral health community and the MDA’s 6,200+ members across the state. No publication reaches more Michigan dentists! This month's issue features an articles on the Dental Assistant shortage and MDA's efforts to address it, antibiotic stewardship in dentistry, and a LEAD (Leadership Exploration and Development) showcase.

Perception Of Nonprofit Employees And Board Governance On The Internal Control Of Contributions: A Qualitative Study, Holly Andrea Caldwell

Doctoral Dissertations and Projects

This research contributes to the very limited number of qualitative studies on the development and implementation of internal controls in nonprofit organizations. The study explored the understanding of perceptions regarding internal controls in cash contributions from nonprofit organizational employees, Executive Directors/CEOs, and board members. This embedded single-case study consists of eight nonprofit organizations located in the Commonwealth of Virginia of the United States. Eleven themes of board governance, communication, contributions, development of policies and procedures, efficiency, fiduciary duty, leadership, resource availability, separation of duties, training, and trust were identified through interviews, review of policies and procedures for cash receipts and …

An Analysis Of Marketing And Microenterprise: Does Marketing Have An Impact On These Unique Organizations?, Bruce Alan Morgan

Doctoral Dissertations and Projects

This research study was a qualitative, multiple case study on how the implementation of good marketing techniques impacts the sustainability of microenterprises. This is a replicative extension study of prior research that revealed a theme of “promotional activities” correlating to microenterprise sustainability beyond two years (Haynes, 2017). This research extended the prior study by significantly increasing the number of participants (from six to forty), providing heterogeneity regarding lines of business, expanding to a new geography (the Upstate of South Carolina), focusing exquisitely on marketing techniques (as defined by the classical Marketing Mix), and defining sustainability by using both an accepted …

An Investigation Of Veterinary Sales Professionals' Perceptions Of Self-Directed Learning: A Multiple Case Study, Agostino Salvatore Scicchitano

Doctoral Dissertations and Projects

The purpose of this multiple case study was to investigate sales professionals’ perceptions of self-directed learning within their current positions. The veterinary industry is a highly knowledge-intensive entity that values professional identity, sense of self, compassion, competence, and the human-animal bond; the veterinary sales professional plays an important role in this industry. However, with sales training waning after the first three years of a sales professional’s employment, self-directed learning becomes an important tool for the veterinary sales professional. Yet, there are no studies that provide an in-depth understanding of the role of self-directed learning in veterinary sales. The following central …

A New Associate’S Field Guide To Partner Compensation, Joseph A. Schremmer

Faculty Scholarship

This article surveys three broad models of income and expense allocation regarding law firm compensation for partners: the true partnership model; the modified partnership model; and the eat-what-you-kill model. The goal is for young lawyers to understand the fundamental differences among these compensation models even as there are myriad ways to allocate income and expenses.

Working For The Worker? A Study Of The Union Générale Tunisienne Du Travail (Ugtt), Ava Erfani

Independent Study Project (ISP) Collection

This study attempts to explore the nature of the Tunisian national trade union, the Union Générale Tunisienne du Travail (UGTT), as it operates in Tunisia today. This was achieved by conducting in-depth interviews with Tunisians living in the greater Tunis area in the fall of 2019. Through the lens of both those affiliated with the UGTT and those who have no ties to the organization, an image of the UGTT is able to be revealed as a conspicuous entity. Is its aim to hold power in government? Or rather stay outside of the sphere of national politics to effect change? …

Special Issue Introduction: Labor In Academic Libraries, Emily Drabinski, Aliqae Geraci, Roxanne Shirazi

Publications and Research

Labor in academic libraries has reemerged as an area of critical interest in both academic library and archives communities. Librarians and archivists have long worked to counter the diminishment of their labor within an academy that centers the concerns of disciplinary faculty who may, in turn, see knowledge workers as a footnote to the scholarly enterprise. Recent years have seen a renewed attention to the social and economic conditions of our work, as researchers turned to topics such as affective labor in libraries and archives, attitudes toward labor unions, and information work under capitalism (Sloniowski 2016; Mills and McCullough 2018; …

Taking Flight – October 2019, Georgia Southern University

College of Business: News & Publications

• Message from the Dean
• Alumni Spotlight -- Nathan Ashcroft
• Parker Talks Series to Feature Former CEO of LexisNexis
• PwC Network COO Presents Fries Lecture
• Fourth Annual Professional Development Day
• Parker Business Scholars Learn Teamwork Through Challenge
• Masters of Applied Economics Most Affordable Online Program
• Georgia Southern Student Team Achieves First Place at National IANA Expo Competition
• Community Bankers Welcomed to Campus for 13th Annual Symposium
• AT&T B2B National Sales Competition
• Accounting Students Awarded NABA Scholarships
• Finance Association Hosts Finance Professionals Who Discuss Personal Branding & Networking
• Georgia Southern Investment group Makes 20 Percent Profit on the Stock Market

Obstacles To Accessing Pro-Poor Microcredit Programs In China: Evidence From Penggan Village, Guizhou, Deborah Shu Yi Tan, Track Tze Tuan Tan, Shao Tong Ling, John A. Donaldson

Research Collection School of Social Sciences

Why do poor farmers not take up microcredit loans, even when the terms are designed to be pro-poor? Fieldwork in a village in China’s Guizhou province revealed a puzzle: although the county government had designed a loan program that was intended to be unusually pro-poor, only three of the 349 eligible households had successfully applied. This article analyzes three potential hypotheses: farmer failure (risk aversion or financial illiteracy), market failure (lack of viable or stable market opportunities), and institutional failure (structural or institutional barriers precluding taking up loans). Based on evidence from intensive interviews, we reject the first hypothesis, and …

2019 October, Morehead State University. Office Of Communications & Marketing.

Morehead State Press Release Archive, 1961 to the Present

Press releases for October of 2019.

El Socio No Tradicional: Un Análisis De Las Inversiones Chinas En La Argentina Y La Articulación Bilateral Argentino-China / The Nontraditional Partner: An Analysis Of Chinese Investment In Argentina And The Argentine-Chinese Bilateral Articulation, Lucy Hale

Independent Study Project (ISP) Collection

Esta investigación se enfoca en la relación comercial bilateral que tienen Argentina y China. Se analizan las inversiones extranjeras directas (IED) chinas en Argentina en el período 2003 hasta 2019 y trata de entender las dos siguientes preguntas: ¿Qué revelan las inversiones chinas en la Argentina sobre la relación de estos dos países en términos de oportunidades políticas y económicas para cada uno de ellos? Y ¿de qué tipo de articulación bilateral son indicativas estas inversiones? Esta investigación cuenta con una base de datos agregados de varias fuentes académicas, gubernamentales y periodísticas. Además, cuatro entrevistas fueron llevadas a cabo con …

¿Historia Y Cultura Al Viento? Los Efectos De La Construcción Del Aeropuerto Internacional De Chinchero En El Patrimonio Arqueológico Circundante, Becca Teachey

Independent Study Project (ISP) Collection

Durante los últimos 40 años, el gobierno del Perú ha hablado de construir un nuevo aeropuerto internacional en Chinchero, Perú. Chinchero es una ubicación perfecta debido a su proximidad a numerosos sitios turísticos y su gran cantidad de tierra que tiene el potencial de servir como un sitio de construcción. Sin embargo, Chinchero también es conocido por su riqueza en historia, belleza natural y ruinas arqueológicas del imperio inca. Con la construcción de un nuevo aeropuerto internacional en Chinchero, el patrimonio cultural y la integridad de la arqueología allá están en peligro. Se dice que el aeropuerto atraerá más turistas …

Unpacking The Standing Neutral: A Cost Effective And Common-Sense Approach For Preventing Conflict, Kate Vitasek, James P. Groton, Daniel Bumblauskas

Faculty Publications

Let's face it. You don't need to be a Nobel-prize winning economist to know that contracts are inherently incomplete. No lawyer has yet crafted the perfect contract that will anticipate every eventuality. Problems and unexpected events are always around the corner.

Long-term contractual relationships are especially vulnerable to the damage caused by friction in relationships, particularly when this friction turns into a formal dispute. In far too many relationships the parties do not perceive a need to engage in conventional conflict resolution until they begin to experience real pain. By that time, they have blamed each other for their troubles. …

When To “Make” And When To “Buy”: A Contingency Theory Of Making Versus Buying Managerial Human Capital, Dhuha Abdulsallam

Theses and Dissertations

When should firms build talent, and when should they buy? There is theoretical consensus that internal hires would exceed externals in performance because of their firm-specific human capital. However, by integrating the creativity and innovation literature, I present a non-traditional theoretical view which argues that in creative environments with a time-lag on related expectations and outputs, externally hired managers would exceed internally promoted managers in several different performance- related outcomes. I also explore the social influence associated with the hiring origin of middle managers by integrating psychology and economic rationale to study the impact of managerial hiring origin decisions on …

“We Need Dawgs!”: Narrative Construction Of Athletic Identity Among Black High School Football Players, Victor Dion Kidd

Theses and Dissertations

Previous empirical inquiry of athletic identity (Brewer, Van Raalte, Linder, 1993) and participation has failed to examine how such identities and roles are developed at the high school level of competition. While focusing on salient athletic identities or role sets are important, research literature should target how devotion to athletic identities, roles, and responsibilities are developed and communicated to adolescent athletes by social interactions. Therefore, while adopting Narrative Identity Theory (Loseke, 2007; McAdams & McLean, 2013; Polkinghorne, 1991; Smith 2010) as an appropriate lens, the current study investigated how athletic identity, roles, and responsibilities are developed through complex interaction and …

Corporate Finance And Financial Management, Alexander Núñez-Torres

Open Educational Resources

This lecture discusses the importance of financial information in both individuals personal and business lives. It includes description of the important features of the four main types of firms. Then, discusses the three main types of decisions a financial manager makes. Finally, it discusses the tax implications for the different corporate entities.

Time Value Of Money: An Introduction, Alexander Núñez-Torres

Open Educational Resources

This lecture introduces the time value of money concept. It discusses the present value of a cash flow and how to discount it, the future value of a cash flow and how to compound it. Finally, it discusses three rules for valuing cash flows.

Bonds, Alexander Núñez-Torres

Open Educational Resources

This lecture is about bonds. A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. It discusses the bond terminology, how to compute the price and yield of the different types of bonds. Additionally, it describes why bond prices change over time and how credit risk affects a corporate bond.

How To Make Investment Decisions, Alexander Núñez-Torres

Open Educational Resources

This lecture is about making investment decisions. It discusses the net present value (NPV) rules, IRR and other alternative decision rules. Additionally, it discusses how to choose between projects, either mutually exclusive projects, projects with different lives or limited resources.

Risk And Return, Alexander Núñez-Torres

Open Educational Resources

What is risk? What is return? How are these two related? This lecture discusses the variables that determine the risk and return of stocks. Additionally, it describes the historical tradeoff between risk and return. Finally, it discusses diversification in stock portfolios.

How To Optimize Storage Classes In A Unit-Load Warehouse, Marcus Ang, Yun Fong Lim

Research Collection Lee Kong Chian School Of Business

We study a problem of optimizing storage classes in a unit-load warehouse such that the total travel cost is minimized. This is crucial to the operational efficiency of unit-load warehouses, which constitute a crit- ical part of a supply chain. We propose a novel approach called the FB method to solve the problem. The FB method is suitable for general receiving-dock and shipping-dock locations that may not coincide. The FB method first ranks the locations according to the frequencies that they are visited, which are estimated by a linear program based on the warehouse’s layout as well as the products’ …

Understanding The Connection Of Performance And Z-Scores For Manufacturing Firms In South Korea, S.L. Foo, Shaakalya Pathak

Research Collection School Of Accountancy

South Korea is a key leading economy in the Asia Pacific region. This study examines the relationship between the financial health, as measured by the Altman Z-Score, and corporate performance, as measured by the Return on Equity (ROE), of listed manufacturing companies in this market. A linear regression has been conducted between these variables to determine the magnitude and direction of their relationships. The trends of Z-Scores over a five-year period have also been analysed. The analysis covers the period from 2013 to 2017 (inclusive) and yields a statistically positive correlation between ROE and the Z-Score for the market. South …

Cooling Measures And Housing Wealth: Evidence From Singapore, Wolfgang K. Hardle, Rainer Schulz, Taojun Xie

Research Collection Lee Kong Chian School Of Business

Excessive house price growth was at the heart of the financial crisis in 2007/08. Since then, many countries have added cooling measures to their regulatory frameworks. It has been found that these measures can indeed control price growth, but no one has examined whether this has adverse consequences for the housing wealth distribution. We examine this for Singapore, which started in 2009 to target price growth over ten rounds in total. We find that welfare from housing wealth in the last round might not be higher than before 2009. This depends on the deflator used to convert nominal into real …