Business Commons^™

The Effect Of Bank Liquidity Creation On Performance And Stock Returns: Evidence From Thailand, Wanlaya Boonsongkhoh

Chulalongkorn University Theses and Dissertations (Chula ETD)

This study investigates the relationship between bank liquidity creation, performance, and stock returns across 11 banks in Thailand from 2012 to 2021, spanning the economic crisis in Thailand and the COVID-19 pandemic. Liquidity creation measures the extent to which banks generate a money supply for the public, classified into liquidity created on the balance sheet and liquidity created both on and off the balance sheet categories. After controlling for macroeconomic and bank-specific variables, the results of a fixed-effects regression model reveal that next-period performance and stock returns deteriorate as liquidity creation levels increase. An inverted U-shaped relationship between liquidity creation …

The Effect Of Goodwill Impairment Avoidance On Future Performance Growth: Evidence From Thailand, Chantanit Limapichat

Chulalongkorn University Theses and Dissertations (Chula ETD)

This study explores the impact of goodwill impairment avoidance on the future financial performance growth of firms listed on the Stock Exchanges of Thailand (SET). Spanning 14 years from 2008 to 2021, the research analyzes 405 observations from 124 distinct firms, utilizing multivariate regression models to uncover the relationship. The study also focuses on understanding how Big 4 auditors can impact this dynamic. The study finds evidence that firms avoiding timely goodwill impairment exhibit lower performance growth in the subsequent year. Interestingly, the negative impact of goodwill avoidance is less pronounced for firms audited by one of the Big 4 …

การประเมินความเสี่ยงของการลงทุน Set100 ในตลาดหลักทรัพย์แห่งประเทศไทย ด้วยปัจจัยทางเศรษฐศาสตร์มหภาค โดยใช้ตัวแบบ Garch-Midas, ทัตพงศ์ บุญแก้วล้อม

Chulalongkorn University Theses and Dissertations (Chula ETD)

งานวิจัยนี้มีวัตถุประสงค์เพื่อประเมินความเสี่ยงจากการลงทุนในตราสารทุน SET100 ที่มีความผันผวน ผนวกเข้ากับตัวแปรทางเศรษฐศาสตร์มหภาค โดยใช้ข้อมูล SET100 index ในการวิเคราะห์ความผันผวนจากการลงทุนในตราสารทุน และใช้ร่วมกับตัวแปรทางเศรษฐศาสตร์มหภาค ได้แก่ ดัชนีผลผลิตอุตสาหกรรม อัตราดอกเบี้ย อัตราเงินเฟ้อ อัตราการว่างงาน และอัตราแลกเปลี่ยน ในการแลกเปลี่ยนของสกุลเงินบาทต่อหลายๆ สกุลเงิน นั่นคือ ดอลลาร์สหรัฐ ยูโร และเยน ด้วยตัวแบบ GARCH-MIDAS ผนวกกับข้อมูล SET100 index ซึ่งเป็นข้อมูลที่มีลักษณะเป็นแบบรายวัน กับข้อมูลตัวแปรทางเศรษฐศาสตร์มหภาคซึ่งเป็นข้อมูลที่มีลักษณะเป็นแบบรายเดือน เพื่อใช้ในการประเมินความเสี่ยง การเปรียบเทียบตัวแบบ GARCH (1,1) และตัวแบบ GARCH-MIDAS ในโครงสร้างต่างๆ จะใช้ค่า Mean square error (MSE) เพื่อเปรียบเทียบประสิทธิภาพในการประมาณค่าความแปรปรวมโดยตัวแบบดังกล่าว กำหนดให้องค์ประกอบของความแปรปรวนระยะสั้นมีค่าคงที่ และมีการปรับปรุงองค์ประกอบของความแปรปรวนระยะยาว ได้แก่ ตัวแบบที่ใช้ค่าความผันผวนที่เกิดขึ้นจริง ตัวแบบที่ใช้ผลกระทบจากตัวแปรทางเศรษฐศาสตร์มหภาค และตัวแบบที่จะใช้ทั้งค่าความผันผวนที่เกิดขึ้นจริง และผลกระทบจากตัวแปรทางเศรษฐศาสตร์มหภาคร่วมกัน ผลการดำเนินการวิจัย พบว่า ตัวแบบ GARCH-MIDAS ที่ใช้ค่าความผันผวนที่เกิดขึ้นจริงเป็นฟังก์ชันการถดถอย Mixed data sampling (MIDAS) หรือตัวแบบ Realized volatility (RV) มีประสิทธิภาพในการประมาณค่าความแปรปรวนสูงกว่า ตัวแบบ GARCH (1,1) และตัวแบบ GARCH-MIDAS ในโครงสร้างอื่นๆ

Plasma Drug Testing For D And L Isomers Of Amphetamine And Methamphetamine By Liquid Chromatography Mass Spectrometry With A Range Of 2.5 To 1000 Ng/Ml, Rob E. Carpenter

Human Resource Development Faculty Publications and Presentations

Development and validation of a quantitative plasma assay for measuring D and L amphetamine and methamphetamine in human K2 EDTA samples to determine prescription versus illicit sources of the analytes. The assay was developed using liquid-liquid extraction followed by a dry down step and reconstitution with D and L mobile phase. The samples were separated on a chiral column and measured using an API 4000™ LC/MS/MS system. Methods: The assay was validated according to US FDA, CLIA and CAP guidelines including assessment of the following parameters in plasma validation samples: linear range, limit of detection, lower limit of quantitation, matrix …

Well-Being From Home To Work: The Role Of Mindfulness, Alisha Gupta

Theses and Dissertations

Considering the growing spillover of work and home and its impact on well-being, I draw from the Work-Home Resources Model and Attention Restoration Theory to examine the effects of evening recovery experiences at home on mindfulness at work and eudaimonic workplace well-being. Specifically, I focus on two indicators of eudaimonic well-being—one indicator of psychological functioning (work meaningfulness) and one indicator of social functioning (high-quality connections; HQCs). Further, I introduce a boundary condition, distance from work, of the relationship between evening recovery experiences and mindfulness. I suggest that due to alternative work arrangements in today’s workforce (i.e., that permit increased overlap …

Health Occupations Salary Outcomes: Intersections Of Student Race, Gender, And First‑Generation Status, Peggy Gesing, Mohan D. Pant, Amanda K. Burbage

EVMS School of Health Professions Faculty Publications

Greater diversity in the healthcare workforce has been identified as a critical need in serving an increasingly diverse population. Higher education institutions have been tasked with increasing the number of underrepresented students in the health occupations pipeline to better align with the demographics of the general population and meet the need for a diverse health occupations workforce. This study used the National Science Foundation’s National Survey of College Graduates dataset to capture data across time, examining the intersectionality of race, gender, and first-generation status on the salary outcomes of students who earn degrees related to health occupations. Results indicate that …

Effective Performance Appraisal, Trustworthiness And Employees' Engagement In Deposit Money Banks, Thankgod Lato Kekii, Ann I. Ogbo Prof.

Bullion

This study examined the mediating role of trustworthiness (ability, integrity, and benevolence) on the effective performance appraisal (EPA)-employee engagement relationship in deposit money banks in Nigeria. A survey was conducted as a sample of 149 of the deposit money bank employees, and a Hayes' three-way parallel mediation was used in testing the study hypotheses. We found that EPA significantly influences (positive) employee engagement and that integrity and benevolence significantly mediate the relationship between EPA and employee engagement, whereas ability does not mediate this relationship. These findings have implications for policymakers and managers of deposit money banks in Nigeria.

Momentum Crashes And The 52-Week High, Byoung-Hyun Jeon, Suk-Joon Byun

Finance Faculty Research and Publications

Momentum strategies suffer from occasional large drawdowns referred to as momentum crashes when the market rebounds. We find that a surge of investor speculation toward stocks far from their 52-week highs can partially explain the momentum crashes. If a momentum strategy is revised to be neutral on a 52-week high effect, momentum crashes are significantly attenuated and the revised strategy does not exhibit procyclical returns. Furthermore, the revised strategy generates a higher Sharpe ratio in different sub-periods and international stock markets.

Protecting Low-Income Consumers In The Era Of Digital Grocery Shopping: Implications For Wic Online Ordering, Qi Zhang, Priyanka Patel, Caitlin M. Lowery

Community & Environmental Health Faculty Publications

The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) is now expected to allow participants to redeem their food benefits online, i.e., via online ordering, rather than only in-store. However, it is unclear how this new benefit redemption model may impact participants’ welfare since vendors may have an asymmetric information advantage compared with WIC customers. The WIC online ordering environment may also change the landscape for WIC vendors, which will eventually affect WIC participants. To protect WIC consumers’ rights in the new online ordering model, policymakers need an appropriate legal and regulatory framework. This narrative review provides that …

Psychometric Properties Of The Persian Version Of Consideration Of Future Safety Consequence (Cfsc) Scale, Fazel Rajabi, Hamidreza Mokarami, Payam Farhadi, Sean Banaee, Mehdi Jahangiri

Community & Environmental Health Faculty Publications

Background: Personality traits, due to having a relative stability, are important factors for predicting employees’ safety behavior. Consideration of Future Safety Consequence (CFSC) is a personality trait that was recently introduced to predict the safety behaviors. The purpose of this study was to translate and assess the psychometric properties of the Persian version of the CFSC scale.

Methods: In the first stage of this cross-sectional study, the instrument was prepared by the forward-backward forward translation technique and evaluated by 487 employees of a gas refinery. The validity of the scale was evaluated through face, concurrent, validity, and construct validity. The …

A Systematic Review Of Marketing Practices Used In Online Grocery Shopping: Implications For Wic Online Ordering, Leslie Hodges, Caitlin M. Lowery, Priyanka Patel, Joleen Mcinnis, Qi Zhang

Community & Environmental Health Faculty Publications

The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) plans to allow participants to redeem their food package benefits online, i.e., online ordering. As grocery shopping online has become more common, companies have developed strategies to market food products to customers using online (or mobile) grocery shopping platforms. There is a significant knowledge gap in how these strategies may influence WIC participants who choose to shop for WIC foods online. This review examines the relevant literature to (1) identify food marketing strategies used in online grocery shopping platforms, (2) understand how these strategies influence consumer behavior and consumer …

Designing A Digital Employee Experience For Research Administration Using A Sequential Mixed-Methods Approach, Michael A. Jones

Full-Text Theses & Dissertations

This dissertation examines the concept of digital employee experience in the research administration industry. Using a digital employee experience framework, the study examined how the pandemic impacted the research administration work environment. This dissertation presents perceptions and draws insights from research administration leaders, management, and staff on digital work and digital employee experiences through the pandemic. The dissertation was motivated by three research questions: (1) What challenges did research administrators encounter during the Pandemic? (2) What were the research administrators’ perceptions of digital transformation during their employee journey? and (3) What is the future of research administration as the industry …

The Passion For Eating Well, Samira Fallah, John Marsh, Wei Chen

Business

The Dr. Yum Project, founded by Dr. Nimali Fernando, is a non-profit organization committed to facilitating healthy eating for families. The idea was seeded when, working at pediatric clinics, Dr. Fernando witnessed the alarming rise of childhood obesity and observed children experiencing health issues linked to poor dietary habits. In pursuit of the Dr. Yum Project’s mission, numerous initiatives have been undertaken, with one of the most significant being the development of the Preschool Food Adventure curriculum. In recent years, this curriculum has achieved considerable success and has been actively promoted to various schools. Dr. Fernando holds an optimistic outlook, …

Speaking To The Head And The Heart: Prioritizing Empathetic Communication In The Post-Covid Workplace, Kevin T. Caffrey

Administrative / Professional Faculty Articles

As of August 2022, COVID-19 continues to affect our daily lives in physical, psychological, and financial ways. Many vulnerable individuals are struggling to adapt to returning to work and as a result, employee morale is at risk. In times of crises, empathy is needed in the workplace to support one another, but many leaders and employees may not have a firm grasp of the concept. This article seeks to define empathetic communication and explore the need for prioritizing empathy amid the current post-COVID-19 workplace. Through a literature review of empathy, psychological safety in the workplace, and crisis leadership, the author …

Assessing The Entrepreneurship Ecosystem In Egypt Through A Gender Lens, Hala Wasef Hattab

Business Administration

Purpose: According to the Egyptian Start-up Ecosystem Report (ITIDA, 2021), Egypt has one of the foremost start-up ecosystems on Africa, both in terms of levels of start-up activity and inward investments. Yet the county lags in terms of women’s participation in founding start-ups. According to the latest Global Entrepreneurship Monitor report for Egypt, the entrepreneurial activity rate for women was 5.7%, while that of Egyptian men was 16.7%, despite women’s positive attitudes towards entrepreneurship. Methodology: The current research has an exploratory nature and aims at analysing entrepreneurship ecosystem in Egypt through a gender lens to highlight the factors that are …

The Impact Of Socially Responsible Human Resource Management (Sr-Hrm) On Sustainable Development In Egyptian Organisations Authors Safaa Shaaban, Safaa Shaaban

Business Administration

In this paper, we introduced the concept of socially responsible human resource management (SR-HRM) and examined the effects of perceived SR-HRM on Sustainable development (SD), a particular area of research that has developed and grown significantly over the past few years, adding to the expanding academic discussion on what is known as "socially responsible human resource management" (SR-HRM) and how it relates to sustainable development. In order to promote sustainable development, the SRHRM discussion aims to proactively improve workers' work experiences and satisfy their social and personal expectations. However, there is no connection between SR-HRM and its impact on SD …

The Impact Of Governance Variables In Attracting Foreign Direct Investment Inflows, Marwa Said Anis Dr.

Business Administration

It is widely thought that the quality of a country’s institutions impacts its economic performance. The current study analyses six governance variables to assess their importance in attracting foreign direct investment (FDI) net inflows into different countries. This paper presents evidence that voice and accountability political stability and violence, rule of law, and openness to trade are important factors in attracting foreign direct investment. The coefficient for voice and accountability is positive and statistically significant, indicating that greater accountability and citizen participation are associated with higher levels of foreign investment. The coefficient for political stability and violence is positive and …

Zeroing In On Net-Zero: From Soft Law To Hard Law In Corporate Climate Change Pledges, Daniel C. Esty, Nathan De Arriba-Sellier

University of Colorado Law Review

One hundred and ninety-seven nations endorsed a target of net-zero greenhouse gas (GHG) emissions by midcentury in the 2021 Glasgow Climate Pact. As countries around the world have begun to develop their plans for deep decarbonization, it has become evident that the private sector will need to deliver much of what is required for the transition to an environmentally sustainable economy. The commitment to net-zero emissions by the year 2050 has therefore cascaded to the corporate world, leading hundreds of major companies to make their own net-zero GHG pledges. What constitutes a meaningful net-zero corporate pledge, however, remains unclear—and what …

Leadership In Nonprofit Organizations: Best Practices For Volunteer Retention, Jennifer Lawrence

DSW Capstone Projects

While there is a significant amount of research focusing on organizational leadership in business and for-profit organizations, comparatively little data has been collected and studied to address the role of leadership in volunteer organizations. By closing this gap in research and providing context around leadership, nonprofit organizations can enhance leadership, culture and climate, and volunteer engagement and retention. Fewer Americans are engaging in volunteerism in their community than any other time in the past twenty years. The Systemic Literature Review will aid in recognizing and addressing this decline which is important as volunteer organizations provide needed services to people and …

The Risks And Rewards Of Collegiate Esports: A Multi-Case Study Of Gamers In The United States And Italy, Julie A. Delello, Rochell Mcwhorter, Paul B. Roberts, Tonia De Giuseppe, Felice Corona

Human Resource Development Faculty Publications and Presentations

As participation in electronic sports (esports) continues to expand globally, colleges and universities are considering how such competitive video gaming might impact recruitment, retention, and the overall student engagement experience. This mixed-methods study focuses on the perceptions of college students in both the United States and Italy regarding the esports phenomenon. A compilation of the research findings from two case studies compared and contrasted themes associated with the benefits and risks to college students participating in esports. The findings highlighted the notion that even during challenging times such as the COVID-19 pandemic, the college students in this study were still …

Man Vs Machine – Detecting Deception In Online Reviews, Maria Petrescu

Publications

This study focused on three main research objectives: analyzing the methods used to identify deceptive online consumer reviews, evaluating insights provided by multi-method automated approaches based on individual and aggregated review data, and formulating a review interpretation framework for identifying deception. The theoretical framework is based on two critical deception-related models, information manipulation theory and self-presentation theory. The findings confirm the interchangeable characteristics of the various automated text analysis methods in drawing insights about review characteristics and underline their significant complementary aspects. An integrative multi-method model that approaches the data at the individual and aggregate level provides more complex insights …

Adaptive Learning Gain In Asset Pricing, Sedealy Juste Lokossou

Electronic Theses and Dissertations

This paper delves into the complexities of asset pricing, emphasizing the need to go beyond prevailing paradigms and constant learning gain assumptions. We examine the influence of personal experiences, adaptive learning processes, and subjective return expectations on asset pricing. By incorporating the concept of time-varying learning gain, we provide a more realistic portrayal of asset pricing. Empirical analysis reveals a consistent negative correlation between experienced real payout growth and subsequent returns, indicating counter-cyclical behavior. Our findings also support the mean-reversion hypothesis in stock returns, although caution is needed due to some scenarios lacking statistical significance. Theoretical exploration uncovers that higher …

Brew Fest: Communication Agility In Rural America, Rachel Dolechek, Stacey L. Smith, Karen Thal

Applied Business Faculty Publications

Business communication is vital to solving any business problem. Yet, the uncertainty of the future makes business communication complex and requires organizations to be strategic and have communication agility. This pedagogical case study is used in the collegiate business communication classroom to help frame a business problem. Students reading the case will gain an understanding of a real-life business scenario involving the importance of communication agility and cultural events in a rural community. Students are then challenged to use best practices in business communication to help ensure the future of the community event, Brew Fest.

Host Perceptions Of Socio-Cultural Impacts Of Volunteer Tourism In Vietnamese Farm Communities, Tuan Nien Tran

Theses, Doctoral

Volunteer tourism has grown significantly, contributing enormous economic, environmental, and socio-cultural impacts to host communities over 20 years (Aquino & Andereck, 2018; Lee & Zhang, 2019; Olsen et al., 2021). There appears to be limited research on the impacts of volunteer tourism on host communities, especially the socio-cultural impacts. The academic literature lacks an agreed framework to understand the socio-cultural impacts (Zamani-Farahani & Musa, 2012). The aim of this study is to provide an in-depth understanding of the socio-cultural impacts of volunteer tourism in Vietnamese farms on the host communities. Drawing on the multiple forms of capital perspectives and theoretical …

Does Covid Have An Effect On Consumer Behavior Towards Vacation Rental Homes?, Whitney Wiley

Honors Theses and Capstones

While Covid has significantly impacted the tourism industry, this research study analyzes the effect of the pandemic on consumers’ behavior towards vacation rental homes. More specifically, it focuses on the three main stages of vacation rental: the choice, booking, and stay. A qualitative research approach was used along with primary data collection. Interviews with individuals in Gen Z were collected in a semi-structured format with open-ended questions. The findings reveal that consumers are now more likely to choose vacation rental homes over other accommodations due to the space and privacy that rental homes provide. As a result of Covid, individuals …

How Management’S Response To Fraud Affects The Likelihood Of Future Fraud., Adam Garrity

Honors Theses and Capstones

This article studies the effect of two parts of deterrence theory: sanction certainty and sanction swiftness, on their ability to prevent and deter embezzlement within companies. I will use an experiment, a research instrument, survey questions, and SPSS and ANOVA software to determine if sanction certainty and sanction swiftness have significant effects on how a fictional company is perceived by participants. Participants will be given a scenario that has a combination of a slow or swift punishment and a high or low detection rate. In the experiment, deterrence theory’s effect will be measured by dependent variables such as organizational attractiveness, …

Board Gender Diversity And Cybersecurity Disclosure Characteristics, Katie Remeis

Honors Theses and Capstones

No abstract provided.

Steep But Not Deep: A Critical Review Of Climate Change Effects On Nh Ski Areas And Their Consumer Population, Stephanie Menard

Honors Theses and Capstones

Climate change presents a significant challenge to the global tourism industry, particularly for sectors reliant on natural resources, such as the New Hampshire ski industry. This thesis investigates how ski resorts across the state are addressing the effects of climate change and adjusting to evolving consumer behavior to strategically position themselves for the future. The study’s research questions are focused on understanding the current tactics being employed by ski resorts and how consumer choices may be affected by climate change effects on the industry. To explore these questions, informational interviews with four industry professionals and a consumer survey were conducted. …

Green Home Technology In Residential Real Estate, Edwrad King

Honors Theses and Capstones

This thesis paper explores green home technology in residential homes. The purpose of this research is to understand what green home technologies are, the extent to which they are being adopted, the factors that lead people to adoption, barriers to adoption, and if green home technology adds value to residential homes. The data methodology involves a literature review, and interviews with people who have adopted these technologies, people who have not adopted these technologies, and companies that sell these technologies. The results reveal that green home technology is something that is becoming more commonly adopted, due to factors like cost …

The Global Minimum Tax: Hurdles To Implementation Of An Effective Tax, Eric H. Mrozek

Honors Theses and Capstones

As a part of an international effort to end tax avoidance, the Organization for Economic Co-operation and Development proposed a global minimum effective corporate tax rate of 15 percent for large multinational corporations. This research examines the obstacles that will need to be overcome to implement this legislation. More specifically, will this legislation ever be enacted in the countries where it matters? If so, when? Can the world unite to implement the largest global tax overhaul in recent memory? Who will it affect? Will corporations change where they do business because of this new tax? How will tax firms deal …