Business Commons^™

Impact Of Ownership Structure On Capital Structure- Empirical Evidence From Listed Firms In Vietnam, Tran Thi Xuan Anh, Le Quoc Tuan, Bui Ngoc Phuong

DLSU Business & Economics Review

This research examines whether and to what degree does ownership structure affect the capital structure, using a universal sample of Vietnamese listed firms from 2009 to 2015. We consider the ownership structure in two dimensions: ownership concentration and ownership types. Our paper is among the few to deploy Herfindahl index of all major shareholders, institutional shareholders, and even foreign shareholders as proxies for ownership concentration. The results depict a positive and significant impact of ownership concentration on the overall capital structure of the companies. Further tests indicate that the effect of ownership structure is stronger for short-term debt and bank …

Effect Of Institution On Production Cost Efficiency Of Organic Rice Farming In Indonesia, Ignatius Suprih Sudrajat, Endang Siti Rahayu, Kusnandar Supriyadi

DLSU Business & Economics Review

This study is about the effect of an institution on the production cost efficiency of organic rice farming. This research used the stochastic frontier approach with cross-section data and estimated with maximum likelihood estimation (MLE). This study aims to determine the effect of institution variables on production cost inefficiency. A survey was conducted on 216 organic rice farmers during two planting seasons using purposive sampling method in Dlingo Village, Mojosongo, Boyolali, Central Java, Indonesia. The result of the research shows that the average value of production cost efficiency is 0.4268. The role of farmer groups and agricultural counselors is the …

Physician Quality And Payment Schemes: A Theoretical And Empirical Analysis, Renz Adrian T. Calub

DLSU Business & Economics Review

Physicians are expected to provide the best healthcare to their patients; however, it cannot be discounted that their practice is driven primarily by incentives. In this paper, a physician utility maximization model that links physician quality of service to compensation schemes was constructed. Results showed that relative to fixed payment, fee-for-service and mixed payment yield higher quality. Multinomial treatment effects regression of vignette scores on payment schemes also support this hypothesis, indicating that physicians are still below the best level of quality and that incentives to improve are still present.

Essays On Financial Markets And Investments, Shahil Sharma

Theses and Dissertations

Essay I examine regime-switching in the response of U.S. stock price to oil price shocks. We find statistically significant, time-varying, and dynamic state dependent response that resembles to high and low response regimes. Furthermore, we examine whether the timing of the regime shifts are consistent with three (direction, magnitude, and business cycle) manifestations of asymmetry by modeling the transition probabilities governing the switching process as functions of state variables. We observe strong and statistically significant support that stock price responds more aggressively to oil specific shocks during recessions than during expansions, while findings suggest weaker evidence of asymmetry pertaining to …

The Effect Of Organizational Culture On Work-Life Balance, Elinor S. Groner

Student Publications

This study evaluates the relationship between organizational culture and work-life balance. Organizations which have policies and benefits in place generally create a stronger work-life balance for employees, but if the employees do not take advantage of the policies, then the overall balance will decrease. The study tested the relationship between cultural leadership style and the effects on work-life balance of employees. With thorough evaluation of the four cultural leadership styles, organizations were ranked on a scale with employee work life balance, as well as leadership style. Through personal interviews, a survey, and observations, these variables were tested. For my study, …

Editor's Note, Marites Tiongco

DLSU Business & Economics Review

No abstract provided.

How Has Nafta Affected The Business Relationship Between The United States And Mexico?, Julia Molinaro

Honors College Theses

This paper researches the effects NAFTA has had on the relationship between Mexico and the United States. It positions the question of why Mexico chose to enter the agreement within a larger historical context, debating the economic and social effects on the country as a whole. This study shows how economic trends have changed prior to and since Mexico joined NAFTA. It elaborates on the specific dynamics of what it means for the two countries to interact with each other on a cultural level, under the framework explained by Geert Hofstede's cultural dimensions. Then, it poses recommendations for ways that …

Understanding Crude Oil Spot And Futures Prices Dynamics During Major Crises, Miroslava Zavadska

Doctoral

This thesis examines crude oil, the dominant energy resource worldwide, its historical behaviour and the resulting implications for world economies. It analyses the role of spot and futures oil prices and their dynamics during periods of market uncertainty. The focus of attention is the understanding of the lead-lag relationship of crude oil spot and futures prices during major crises periods (the first Gulf War in 1990/91, the Asian financial crisis in 1997/98, the US terrorist attack in 2001 and the global financial crisis in 2008/9), and its implications for investors and policy-makers. The mix of applied econometric models gives strength …

First Impressions: A Review Of Diversity-Related Content On North American Lis Program Websites, Ana Ndumu, Dawn Betts-Green

STEMPS Faculty Publications

This study explores library and information science (LIS) program websites from a recruitment and marketing standpoint and sheds light on the availability of diversity - related content. LIS and higher education literature suggests that the Internet and program websites are crucial when it comes to prospective students’ graduate school selection. Using Berelson’s (1952) quantitative content analysis technique, the researchers examined faculty profiles, diversity statements, diversity-related courses, funding opportunities, achievements, and student organizations on program websites. The data indicates that, collectively, LIS programs are successful in sharing information on funding as well as highlighting faculty scholarship related to diversity. Greater emphasis …

Award Winners: 2018 Atrs Global Airport Performance Benchmarking, Tae Oum, Chunyan Yu

Publications

The ATRS Global Airport Benchmarking Project measures and compares the performance of several important aspects of airport operations: Productivity and efficiency, unit costs and cost competitiveness, financial results and airport charges. The report also examines the relationships between various performance measures and airport characteristics as well as management strategies in order to provide a better understanding of observed differences in airport performance. The 2018 report includes 204 airports and 24 airport groups of various sizes and ownership forms in Asia Pacific, Europe and North America. This presentation highlights the top efficiency award winners.

Hio Landing, Hillsboro, Oregon, Alex Annand, Melissa Beh, Marcus Bush, Marcela Harden, Kelly Redden, Ryan Winterberg-Lipp

Real Estate Development Workshop Projects

At CAVU Partners, our name explains our approach: the ceiling and visibility are unlimited. We see past the clouds to limitless potential.

CAVU Partners recognizes the Hillsboro Airport has a rich history in local aviation, and we want to celebrate that history. Our design strategy will incorporate aviation-inspired themes throughout the site. Our adaptive reuse of existing buildings will bring new while ensuring HIO’s historical roots will never be forgotten. Our mix of uses transforms the site into an inviting location for business-es, airport patrons, and the community.

HIO Landing’s concept introduces logical, flexible development parcels with an enhanced street …

2018 July, Morehead State University. Office Of Communications And Marketing

Morehead State Press Release Archive, 1961 to the Present

Press releases for July of 2018.

Taking Flight – July 2018, Georgia Southern University

College of Business: News & Publications

• Message From the Dean
• Alumni Spotlight -- Katie McGrath
• MBA Alumni Highlighted on Poets & Quants
• Cote: Financial Figures You Should Monitor
• Georgia Southern's Q1 2018 Economic Monitor Reports Expected Upswing Later in the Year
• Halaby Featured on WalletHub

2018 July Parkview Signature Care Thought Leader Forum, Jeanne Wickens, Jason Row Md, Mark Pierce Md

Presentations and Events

No abstract provided.

Foreign Direct Investment, A Movement Toward Investors' Centricity, A Behavioral Perspective, Jimmy Wee Teck Tan

Dissertations and Theses Collection (Open Access)

This dissertation proposal studies the determinants of Foreign Direct Investment (FDI) in a frontier economy from the behavioral perspective of a manager. There are many determinants used in determining a Foreign Direct Investment. These determinants range from economic, social, institutional, technology, organization, and commercial down to cultural distance. The objective of this research is not to duplicate the methodologies of many quantitative research studies that have been conducted, in which many economists use quantitative analysis of several years of data to determine the many factors that correlate with levels of FDI. The behavioral aspect of a manager’s decision is noticeably …

The Relationships Of Team Diversity, Social Capital And Ambidexterity, Hock Seng Ng

Dissertations and Theses Collection (Open Access)

This study seeks to gain insights into the impact of team diversity on building ambidextrous teams, i.e., managing trade-offs of “exploiting the present” and “exploring the future.” Given the inconsistent findings of the effects of diversity on team outcomes to date, the effect (if any) will likely be mediated and/or moderated by contextual factors. Hence, in this study, I have examined team social capital to understand better its role in fostering the relationship between team diversity and team ambidexterity.

The results of this empirical study using 211 work teams (include 1,342 managers and employees) from two multi-national companies spanning fourteen …

One Man’S Tale Of Resisting The Seducing Spa Sirens Of Singapore, Gary Low

Research Collection Yong Pung How School Of Law

Why do people give in to pressure selling in the slimming and beauty industry? One consumer lawprofessor explores the dazzling experience of stepping into a spa.

Government Intervention In Corporate Crises: An Asian Perspective, Augustine Pang, Paige Pei-Hua Tan

Research Collection Lee Kong Chian School Of Business

Governments are expected to intervene in national crises like natural disasters (Rosenthal & Kouzmin, 1997). Less clear are corporate crises. In recent years, there have been several corporate crises in Asia where governments have intervened to restore confidence. The paper seeks to examine the roles and extent of Asian governmental intervention in corporate crises, particularly it examines the impact Asian governments – described as paternalistic (Shin & Sin, 2012) – have on corporate crises. Five high profile Asian corporate crises were analyzed through Winkler’s (1977) Theory of Corporatism. Impact was analyzed through Boin and ’t Hart’s (2010) nine crisis response …

The Real Effects Of Exchange Traded Funds, Frank Weikai Li, Xuewen Liu, Chengzhu Sun

Research Collection Lee Kong Chian School Of Business

This paper investigates the effects of exchange-traded funds (ETFs) on the real efficiency of the underlying securities. We document strong evidence that being held by ETFs increases the sensitivity of a firm's investment to its own stock price. This is consistent with the model prediction on the managerial learning channel. Higher ownership by ETFs increases the firm's stock price informativeness about systematic shocks but may decrease the informativeness about firm-specific shocks; however, the firm manager cares most and wants to learn from the stock price mainly about systematic shocks in making investment decisions as he already has precise private information …

The Role Of Space And Time In Balancing Conflicting Pressures Through Routine Dynamics, Kenneth T. Goh, Claus Rerup

Research Collection Lee Kong Chian School Of Business

To examine how spaces and the temporal context shape routine actions that balance conflicting pressures for efficiency and flexibility, we conducted an ethnography of the product development process, known as the scrum routine, in a video game development studio. We trace the temporal patterning of scrum meetings to reveal the mutual constitution of spaces and the temporal context. Examining how the co-constitution of space and time shapes actions and artifact use in the scrum routine reveals that balancing occurs through coalescing, reconstituting, standardizing, and reorganizing actions. From these findings, we develop a conceptual model of how pressures for efficiency and …

Towards A Dynamic Theory Of Enacted Complexity, Kenneth T. Goh, Brian T. Pentland

Research Collection Lee Kong Chian School Of Business

To develop new theory about the dynamics of enacted ask complexity, we analyze 15-months of field data from a video game development project consisting of observations, interviews, and an archival analysis of 2,428 tasks to present a novel way of conceptualizing and visualizing the complexity of emergent processual phenomena.

Modeling Contemporaneous Basket Sequences With Twin Networks For Next-Item Recommendation, Duc Trong Le, Hady W. Lauw, Yuan Fang

Research Collection School Of Computing and Information Systems

Our interactions with an application frequently leave a heterogeneous and contemporaneous trail of actions and adoptions (e.g., clicks, bookmarks, purchases). Given a sequence of a particular type (e.g., purchases)-- referred to as the target sequence, we seek to predict the next item expected to appear beyond this sequence. This task is known as next-item recommendation. We hypothesize two means for improvement. First, within each time step, a user may interact with multiple items (a basket), with potential latent associations among them. Second, predicting the next item in the target sequence may be helped by also learning from another supporting sequence …

Moved By Conflict: Exploring The Relationship Between Experienced Conflict And Individual Mobility Patterns, Nur Camellia Binte Zakaria, Kenneth T. Goh, Youngki Lee, Rajesh Krishna Balan

Research Collection School Of Computing and Information Systems

We explore how mobility patterns relate to team processes and states. 39 students in project teams were tracked over 82 days, yielding up to 8 million records. Preliminary analysis of this big dataset and interview data revealed differences in the mobility patterns of individuals based on their experience of conflict.

Robust Assignment Of Customer Orders With Uncertain Configurations In A Production Network For Aircraft Manufacturing, Jens Buergin, Philippe Blaettchen, Juri Kronenbitter, Katharina Molzahn, Yannick Schweizer, Caroline Strunz, Manuel Almagro, Frank Bitte, Stephan Ruehr, Marcello Urgo, Gisela Lanza

Research Collection Lee Kong Chian School Of Business

Production of multi-variant products in a network requires the assignment of customer orders to locations and periods. This is a highly complex planning task, as requirements of procurement, production, distribution, and sales have to be considered. Providing customers with the flexibility of configuring their ordered products after order assignment further increases the complexity of the planning task by taking uncertainty into account. Therefore, a robust optimisation model, using scenarios representing potential customer-specific order configurations, is introduced. By providing enough flexibility to handle maximum work overload caused by the potential order configurations at locations, a robust assignment of orders can be …

Do Hedge Funds Exploit Rare Disaster Concerns?, George P. Gao, Pengjie Gao, Zhaogang Song

Research Collection Lee Kong Chian School Of Business

We find hedge funds that have higher return covariation with a disaster concern index, which we develop through out-of-the-money puts on various economic sector indices, earn significantly higher returns in the cross-section. We provide evidence that these funds’ managers are more skilled at exploiting the market’s ex ante rare disaster concerns (SEDs), which may not be associated with disaster risk. In particular, high-SED funds, on average, outperform low-SED funds by 0.96% per month, but have less exposure to disaster risk. They continue to deliver superior future performance when SEDs are estimated using the disaster concern index purged of disaster risk …

Real Estate Risk, Corporate Investment And Financing Choice, Xiaoying Deng, Seow Eng Ong, Meijun Qian

Research Collection Lee Kong Chian School Of Business

This paper empirically examines how real estate risk impacts corporate investment and financing decisions. Using a panel of United States firms from 1985 to 2013, we document that real estate risk is negatively associated with firms’ long-term investments and long-term external financing in equity and debt. The results are robust to different risk measurements and in particular salient during the financial crisis period when the endogeneity between risk and investment is less of a concern. The effect on firm leverage, however, depends on risk measures. Overall, in contrast to previously documented positive effects of the real estate value, real estate …

Organizational Communication And Individual Behavior: Implications For Supply Chain Risk Management, Scott Duhadway, Steven Carnovale, Vijay R. Kannan

Business Faculty Publications and Presentations

Risk is a significant issue for supply chain managers. Not only must they contend with multiple dimensions of risk in decision making, they must reconcile decision making with broader organizational interests. This study examines the influence of organizational communication regarding supply chain risk on individual decision-making strategies and the perceptions of risk. A multi-stage experimental design is applied, in which decision makers make decisions across three dimensions of risk and adjust their risk-taking behavior after being presented with organizational communication regarding supply chain risk levels. The relationship between organizational communication and the perceptions of supply chain risk is then explored …

Is Information Systems Misuse Always Bad? A New Perspective On Is Misuse In Hospitals Under The Context Of Disasters, Dheyaaldin Alsalman

Masters Theses & Doctoral Dissertations

Although the extant literature has investigated how individuals engage in inappropriate behaviors based on the rational choice theory (RCT) (e.g., computer misconduct), the neutralization theory (e.g., IS security policies violation), and workarounds under normal situations, it has given little consideration to how individuals are involved in misuse of information systems with a good intention under the context of disasters. To fill this research gap, we propose a selfless misuse model, which offers a theoretical explanation for the concept of individuals’ selfless misuse intention under uncertainty caused by disasters. In this study, we show why employees make decisions to misuse the …

Hybrid Recommender For Online Petitions With Social Network And Psycholinguistic Features, Ahmed Elnoshokaty

Masters Theses & Doctoral Dissertations

The online petition has become one of the most important channels of civic participation. Most of the state-of-the-art online platforms, however, tend to use simple indicators (such as popularity) to rank petitions, hence creating a situation where the most popular petitions dominate the rank and attract most people’s attention. For the petitions which focus on specific issues, they are often in a disadvantageous position on the list. For example, a petition for local environment problem may not be seen by many people who are really concerned with it, simply because it takes multiple pages to reach it. Therefore, the simple …

A Small Entrepreneurial City In Action: Policy Mobility, Urban Entrepreneurialism, And Politics Of Scale In Jiyuan, China, Shenjing He, Lingyue Li, Yong Zhang, Jun Wang

Research Collection College of Integrative Studies

This research details the mundane practices of policy mobility and entrepreneurial endeavour in Jiyuan in relation to the city's changing administrative position, and is one of the first attempts at understanding how entrepreneurial policies are mobilized, mutated and diffused in a small inland Chinese city. We interpret Jiyuan's evolving development strategies and trajectory through two interrelated conceptual lenses—policy mobility and urban entrepreneurialism—bridged by an analysis of the politics of scale. Over the past three decades, governance strategies in Jiyuan have evolved from policy imitation, during the germination of urban entrepreneurialism, to policy mutation and diffusion, under the amplification of entrepreneurialism, …