Business Commons^™

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 …

When "More" Seems Like Less: Differential Price Framing Increases The Choice Share Of Higher-Priced Options, Thomas Allard, David J. Hardisty, Dale Griffin

Research Collection Lee Kong Chian School Of Business

Four experiments supported by six supplemental studies show that premium but higher-priced products (e.g., direct flights, larger-capacity data storage devices) are more popular when the additional cost is made explicit using differential price framing (DPF; e.g., "for $20 more") rather than being left implicit, as in standard inclusive price framing (IPF; e.g., "for $60 total"). The DPF effect is driven by pricing focalism: relative to IPF, DPF creates a focus on the price difference, which, because it is smaller than the total price, leads to lower perceived expensiveness and thus greater choice share for the premium option. This price framing …

Understanding The Fundamentals Of Freight Markets Volatility, Kian Guan Lim, Nikos K. Nomikos, Nelson Yap

Research Collection Lee Kong Chian School Of Business

We analyse empirically the drivers of freight market volatility. We use several macroeconomic and shipping-related factors that are known to affect the supply and demand for shipping and examine their impact on the term structure of freight options implied volatilities (IV). We find that the level of IVs is affected by the level of the spot rate, the slope of the forward curve, as well as by both demand and supply factors, especially the former. We demonstrate that the relation between the volatility of futures prices and the slope of the forward curve is non-monotonic and convex, that is, it …

Center For Real Estate Quarterly, Volume 13, Number 4, Portland State University. Center For Real Estate

Center for Real Estate Quarterly

Table of Contents:
-- Review of Oregon's Housing Legislation in 2019 by Timothy Lawler
-- Crisis in Portland's Real Estate Market by Gerard C. S. Mildner
-- Economic Analysis by Jerry Johnson
-- Single Family Home by Jarrod Howard
-- Multi-Family residential Report by Channa Kim
-- Office Market Analysis by Wubet Biratu
-- Industry Market Analysis by Michael Lowes
-- Retail Market Analysis by Michael Lowes

The Professional Constructor, Full Issue, Volume 44, Number 02

The Professional Constructor

No abstract provided.

Air Force Space Programs: Comparing Estimates To Final Development Budgets, Christopher Elworth, Edward D. White, Jonathan D. Ritschel, Gregory E. Brown

Faculty Publications

This article analyzes how development budget estimates, as reported in the Selected Acquisition Reports, change over time for primarily Air Force space programs. Government acquisition policy emphasizes the importance of developing an accurate point estimate for programs to ensure program budget efficiency; however, statistics imply space programs tend to underspend at the beginning of the program and to overspend at the end of Initial Operational Capability. This suggests new phasing methods that reflect the unique needs of space and perhaps other developmental-type programs by allocating more of the budget in later years rather than at the beginning of the program, …

Identifying And Quantifying Personnel Skills Gaps, Martin Joseph Mckenney

Engineering Management & Systems Engineering Theses & Dissertations

One of the issues organizations face is identifying the required skills needed for a position and then evaluating whether their personnel have these skills or if there is a “skills gap”. The skills gap is the distance between the position requirements and the skills currently possessed by the worker in that position. While multiple models have been created over the years to address facets of the problem, none of them provide a comprehensive framework to clearly identify the required skills and worker qualifications and then evaluate the degree of similarity. A composite skills gap model has been developed using the …

Helping Military Spouses Find Careers That Move With Them, Deborah A. Bradbard, Rachel Linsner, Rosalinda V. Maury, Amber Pitoniak

Institute for Veterans and Military Families

This paper focuses on job portability and what employers can do to not only recruit but also retain military spouse employees when they relocate. This study defines job portability, identifies gaps, and offers guidance to military spouses and potential employers. In collaboration with Prudential Financial, Inc. (NYSE:PRU), Helping Military Spouses Find Careers that Move with Them is #6 in a series of research products, focused on military spouse employment. This paper explores, barriers to sustained employment related to relocation and job portability, the essential role employers play in ensuring a workplace is “military spouse friendly,” how employers can benefit from …

Regulating Retirement: Understanding The Impact Of New Best Interest And Fiduciary Standards On Retail Investors, Michael Lichtmacher

St. Mary's Law Journal

Abstract forthcoming

Innovating Authentically: Cultural Differentiation In The Animation Sector, Susan Standing, Craig Standing

Research outputs 2014 to 2021

This paper examines the concept of authentic innovation and the development of the animation industry in Malaysia. Authenticity is a concept that has been investigated from philosophical and institutional perspectives in the quest to explain the role of self-fulfillment and decision-making. It links with systems thinking because authenticity as a strategy requires a holistic approach since it is based upon values that influence action. The desire for authenticity can create expression outside the norms and produce innovation. We present interpretations of authenticity, explain the concept of authentic innovation and relate this to three case studies of Malaysian animation studios. We …

Multi-Generational Workforce Strategies For 21st Century Managers, Gail M. Cushing

Doctor of Education (Ed.D)

At any given time, managers can employ up to five generations of individuals in the workplace. Each generational cohort enhances the workplace with their own belief system, habits, attitude, and work expectations. The manager's responsibility to both the organization and the workforce is to bring all the employees together to foster shared values and work towards the organization’s common goal. The aim of this qualitative collective case study was to investigate the strategies managers use to direct a multigenerational workforce in today’s marketplace. Data were collected using semi-structured interviews from managers in the banking, educational, grocery, medical, non-profit, restaurant, and …

Medical Specialty Camps: A Holistic Approach To Assist In The Management Of Diabetes, Takeyra Monique Collins

Human Movement Studies & Special Education Theses & Dissertations

From toddlers to adolescents, poor medical regimen and adherence occurs as youth face adversities caused by type 1 diabetes mellitus (T1DM). This inquiry-based research sought to explore the process of promoting resilience to attain personal diabetes management through outcome-focused programming. This dissertation was structured in a three-paper format to highlight three sectors of a medical specialty camp to identify the significance of building resilience among youth with T1DM, incorporating family support, and providing service-learning opportunities for students. The purpose of this study was to examine the impacts associated with campers’ resilience from pre- to post-camp based on their participation in …

Evaluating The Effectiveness Of Emiratization Strategies In The Quasi-Private Sector: Multiple Case Studies From The Manufacturing Sector In The Uae., Hana Mohamed Al Mahri

Dissertations

A central aspect of the United Arab Emirates’ strategic vision for a post-oil future is to make better use of its indigenous human capital, thus securing a return on the substantial investment the government has made in education, and reducing the reliance on a largely non-national labour force. While Emiratization (a policy to replace expatriate workers with citizens) has been successful in the public sector, the private sector is still largely staffed by expatriates with citizens representing less than 5 per cent of the total workforce in this sector. Therefore, Emiratization efforts have recently been focusing on enhancing employment opportunities …

Financial Market Development And Firm Investment In Tax Avoidance: Evidence From Credit Default Swap Market, Hyun A. Hong, Gerald J. Lobo, Ji Woo Ryou

School of Accountancy Faculty Publications

Lenders reduce their monitoring efforts after hedging their credit risk exposure through credit default swap (CDS) contracts, which are akin to insurance against borrowers’ adverse credit events. In this study, we examine whether, upon observing the reduced lender monitoring following CDS trading, shareholders demand that borrowing firms invest in more aggressive tax planning strategies, which were previously constrained by risk-averse lenders. Using a difference-in-differences design that exploits the variation in timing of the inception of CDS trading, we document that borrowers exhibit greater tax avoidance after the inception of CDS trading. Consistent with shareholders stepping up their demands post-CDS, we …

What Do Publicly-Available Soccer Match Data Actually Tell Us?, Chester S. Labedz Jr., Robert Schumaker

Communications of the IIMA

Media analyses of soccer statistics and game play has accelerated in recent years. This is evident in visual displays of ball and player tracking, average player locations and distances they run. These media depictions aim to be attractive, entertaining and informative for viewers. But are such statistics predictive of goal scoring and match outcome? To answer this question we review the sixty-four matches of the 2014 World Cup and examine nine common match statistics, and others, to evaluate their predictive value for goal production and match outcome.

Identifying Relationships Of Interest In Complex Environments By Using Channel Theory, Andreas Bildstein, Junkang Feng

Communications of the IIMA

Complex environments show a high degree of dynamics caused by vital interactions between objects within those environments and alterations through which the set of objects and their characteristics within those environments go over time. Within this work, we show that we can tame the level of complexity in dynamic environments by identifying ‘relationships of interest’ between objects in such environments. To this end, we apply the theory of Information Flow, also known as Channel Theory, to the application area of smart manufacturing. We enhance the way how the Channel Theory has been applied so far by using an …

The Difficulty Of Transfer And Academic Engagement Of Further Education Students When Progressing To Higher Education Environments, Glenn Affleck

Communications of the IIMA

The difficulty of students transferring from Further Education Colleges and progressing to Higher Education Universities in the United Kingdom is a well-known problem. The study presented here focuses on the ability of students to begin to engage with the subject of computer programming on transferring after 2 years of study at a further education college into a 3^rd year of a university programme. There is an assumption that there are environmental factors within the change that cause the problems of student engagement with their studies. The findings of this study concurs with difficulties for many students with beginning to …

Economic Provenance: The Financial Analysis Of Art Historical Records, Amy C. Whitaker

Journal of Contemporary Archival Studies

The Leo Castelli Gallery launched pivotal mid-twentieth-century artistic careers, including those of Jasper Johns and Robert Rauschenberg. Although well-studied for its artistic impact, the Castelli archives—as well as those of other gallery artists such as Frank Stella and early collectors such as Burton and Emily Hall Tremaine—include a curious trove of artists’ financial records and related correspondence. This paper argues that these records form an “economic provenance” that is important both to both art market analysis and art history. This economic context is sometimes overlooked because of the contested relationship between art and markets. In this context, the archive can …

Cryptocurrencies: Applications And Investment Opportunities, A. Can Inci, Rachel Lagasse

Finance Department Faculty Journal Articles

Purpose

This study investigates the role of cryptocurrencies in enhancing the performance of portfolios constructed from traditional asset classes. Using a long sample period covering not only the large value increases but also the dramatic declines during the beginning of 2018, the purpose of this paper is to provide a more complete analysis of the dynamic nature of cryptocurrencies as individual investment opportunities, and as components of optimal portfolios.

Design/methodology/approach

The mean-variance optimization technique of Merton (1990) is applied to develop the risk and return characteristics of the efficient portfolios, along with the optimal weights of the asset class components …

دور المرونة الاستراتيجية في تعزيز الاداء الابداعي, صالح عبد الرضا رشيد

Muthanna Journal of Administrative and Economics Sciences

No abstract provided.