Business Commons^™

Performance Evaluation And Risk Management: Time Series Bootstrap Analysis Of The Mutual Funds And Banking Sectors, Lifa Huang

Graduate Theses and Dissertations

The Financial Services Modernization Act of 1999, also known as the Gramm–Leach–Bliley Act (“Act”), repealed a regulatory proscription in the Glass–Steagall Act of 1933 that prohibited commercial bank holding companies (BHCs) from underwriting most bonds, equities, and insurance policies. After the passage of the Act in November 1999, BHCs that converted to financial holding companies (FHCs) were allowed to engage in securities underwriting without restrictions. The first paper examines whether the removal of barriers to securities underwriting had an adverse impact on the overall stability of the financial sector, and thereby, contributed indirectly to the financial crisis of 2008. The …

Bank Lending Channel And Changing Credit Standards In The Residential Mortgage Market, Salman Tahsin

Graduate Theses and Dissertations

My dissertation examines the relationship between bank conditions and the residential mortgage market. The first essay investigates the effect of bank distress on the residential mortgage market during the 2007-09 financial crisis. We use the county-aggregated change in the ratio of jumbo to nonjumbo mortgage acceptance rate as an instrumental variable to control for endogeneity between bank distress and county economic conditions. The median decrease in the instrumental variable explains an additional 1.5 percentage point decline in county home prices and a 20 basis point rise in the county unemployment rate, which represent 15% and 5%, respectively, of their median …

Rebranding Visual Feedback As A Product-Making The Unspeakable Visible, Nicolette Wever

Creativity and Change Leadership Graduate Student Master's Projects

PROJECT ABSTRACT

Rebranding Visual Feedback as a Product

Why do visuals work and why do they have such impact on the process of change? Because visuals connect directly with feelings, they have the power to improve the life of others. They have the power to improve and enrich communication. They have the power to handle information overload and they have the power to bridge cultural differences. ‘Images speak louder than words’ because images are connected with emotions in our long term memory. When ten different persons look at one single image, they see ten different things. Like a mirror, the …

Venture Capital Contract Design: An Empirical Analysis Of The Connection Between Bargaining Power And Venture Financing Contract Terms, Spencer Williams

Fordham Journal of Corporate & Financial Law

This Article presents an empirical analysis of the connection between bargaining power and contract design using an original dataset of over 5,500 equity and debt venture financings from 2004–2015. Using the total supply of venture capital in the U.S. as a measure of relative bargaining power between entrepreneurs and investors, this Article finds that venture capital supply has a statistically significant relationship with price and non-price terms in both equity and debt financings. These results contradict one of three theoretical accounts of bargaining power and support the other two.

A Novel Approach To Defining "Whistleblower" In Dodd-Frank, Ian A. Engoron

Fordham Journal of Corporate & Financial Law

Following the Financial Crisis of 2008, trust in the financial industry was at an all-time low as the American taxpayer was forced to bailout the very same institutions responsible for their suffering. In response, Congress passed Dodd-Frank in 2010 to ensure another crisis like 2008 never happen again. Section 78u-6 of the Act provides incentives and protections for whistleblowers who report violations of securities laws. In recent years there has been a divide among circuit courts over the question of whether employees who report violations internally to their bosses—and not directly to the SEC—are protected by the Act. Currently, the …

Proxy Access And Optimal Standardization In Corporate Governance: An Empirical Analysis, Reilly S. Steel

Fordham Journal of Corporate & Financial Law

According to the conventional wisdom, “one size does not fit all” in corporate governance. Firms are heterogeneous with respect to their governance needs, implying that the optimal corporate governance structure must also vary from firm to firm. This one-size-does-not-fit-all axiom has featured prominently in arguments against numerous corporate law regulatory initiatives, including the SEC’s failed Rule 14a-11—an attempt to impose mandatory, uniform “proxy access” on all public companies—which the D.C. Circuit struck down for inadequate cost–benefit analysis.

This Article presents an alternative theory as to the role of standardization in corporate governance—in which investors prefer standardized terms—and empirical …

The Seventeenth Annual Albert A. Destefano Lecture On Corporate, Securities & Financial Law At The Fordham Corporate Law Center, Caroline M. Gentile, The Honorable Karen L. Valihura

Fordham Journal of Corporate & Financial Law

No abstract provided.

Students' Perceptions Of Interactive Technology As A Learning Tool In Legal Studies Courses, Cristen W. Dutcher, Sonia J. Toson

Faculty Articles

This article attempts to further the literature on technology in the classroom by performing an initial investigation on an innovative new textbook technology in an undergraduate legal studies course, such as the Legal Environment of Business. First, we discuss the traditional methods of teaching the law at both the law school and undergraduate levels. We also review the history and effectiveness of using technology in law school and legal studies classrooms. Next, we look the use of textbooks in legal education. Then, we introduce LearnSmart, an adaptive and interactive textbook technology and compare it to other electronic texts in the …

The Equity-Financing Channel, The Catering Channel, And Corporate Investment: International Evidence, Yuanto Kusnadi, John K. C. Wei

Research Collection School Of Accountancy

We examine how stock market mispricing affects corporate investment in an internationalsetting. We find that investment is more sensitive to stock prices for equity-dependent firms thanfor non-equity-dependent firms in our international sample. Investment is also more sensitive tostock prices for firms located in countries with more developed capital markets (i.e., lower costsof raising capital), higher share turnover (i.e., shorter shareholder horizons), and higher R&Dintensity (i.e., more opaque assets). More importantly, the positive relation between equitydependence and the sensitivity of investment to stock prices is more pronounced for firmslocated in these same countries. These findings are consistent with the equity-financinghypothesis and …

Developing And Assessing The Drivers Of Usage Of Computer-Assisted-Audit-Techniques (Caats) And The Factors That Impact Audit Quality Perceptions In Government Internal Audit, Ashraf Alhabsi

Doctoral

This research aims to develop two models, the first of which is capable of predicting the internal auditor’s intention to adopt audit technologies, and second of which is to predict the factors that impact on the internal auditor’s perception of internal audit quality in the context of public sector auditing in Oman. The models proposed by this research are developed from existing research on technology adoption in general, as well as research on technology adoption specific to the internal audit context (Curtis & Payne, 2014; Dowling & Leech, 2014; Mahzan & Lymer, 2014). Given that Oman is only in the …

Eva: An Indicator Of Corporate Bankruptcy?, Amanda (Jinxian) Lu

Honors College Theses

Economic value added (EVA) analysis is one of the most common methods to evaluate company’s performance in terms of value creation, which involves ROIC (Return on Invested Capital) and WACC (Weighted Average Cost of Capital) as key drivers. Past studies evaluate the superiority of EVA over other measures of performance and relationship between EVA and stock returns. This paper analyzes the relationship between EVA and bankruptcy on 373 public traded companies in U.S. of which 178 companies filed for bankruptcy between the year of 2015 to October 2017. We present descriptive statistics, conduct univariae grouping tests and correlation between ROIC, …

Assessing The Current Efficiencies Of Farm Credit Of Western Arkansas, Hailey Paulsen

Agricultural Economics and Agribusiness Undergraduate Honors Theses

Farm Credit is a unique banking structure, as it is a cooperative which pays patronage dividends to its members. As such, the rates for loans (nominal interest rates) that Farm Credit offers can be slightly higher than larger commercial banks because the patronage payment can offset some, all or more of interest rate difference, which results in an effective rate. Farm Credit, like other globally evolving industries, must continuously look for ways to differentiate themselves to compete for new customers and retain existing ones. Thus, this study sets out to survey the members of Western Farm Credit of Arkansas to …

Revenue Accrual Quality As An Indicator Of Financial Statement Fraud, Meredith Potts Jackson

Doctoral Dissertations and Projects

This study was conducted to address the need for additional financial statement fraud detection techniques. Accruals were chosen as the focus of this study due to the high likelihood of financial statement manipulation using accruals. Using the Dechow/Dichev accrual quality model, this study tested whether or not accrual quality can be used as an indicator of financial statement fraud. The study concluded that the Dechow/Dichev model found non-fraudulent financial statements to have higher quality accruals than fraudulent financial statements. In addition, accrual quality of non-fraudulent financial statements was found to be significantly different from the accrual quality of fraudulent financial …

The Examination Of Executive Leadership Succession Planning Strategies In Georgia's Community Colleges, Craig Jackson

Doctoral Dissertations and Projects

The problem addressed observed the lack of succession planning at two-year colleges in Georgia in identifying future leaders in higher education. Due to escalating impending retirements, resignation, and discharge, it is vital that succession plans are implemented within the college for promotions. Leadership succession planning has seldom been incorporated into community college’s strategic planning. The emphasis of this research study was to examine how leadership succession planning can be developed and implemented in the community college arena in Georgia. Challenged by increased enrollments, diminishing state funding, accountability for student success, and increased public oversight, this study intended to provide awareness …

What Do We Know About Corporate Social Responsibility Messaging?, John B. Ford

Marketing Faculty Publications

As the number of submissions to the Journal of Advertising Research (JAR) continues to increase, the time has come for us to step up our peer-review process with the addition of a group of Associate Editors (AEs), who will be given oversight of manuscripts that match their areas of expertise.

Social Media Marketing Strategies In The Organic Food Industry, John Haff

Senior Theses

This study used content analysis to review the social media marketing strategies of the organic food industry. The results reveal which social media channels are being used and which social media marketing strategies are being used. Qualitative techniques were used to generate a pool of eight organic companies. The social media channels used were highlighted by Chanthinok, Ussahawanitichakit, and Jhundra-indra (2015) as those used by frequency and the ability of the application to achieve the desired marketing goal. The marketing strategies assessed were categorized first as transformational or informational and then further subcategorized by the way it is perceived by …

Exploring Strategies For Teaching Creatively Online, Conny Van Der Wouw

Creativity and Change Leadership Graduate Student Master's Projects

The way we learn and teach is changing. There is more emphasis on collaboration and personalization of the learning. Teaching online is becoming common. For my Master’s project I have developed a product that will help designing and delivering teaching programs creatively through the use of online learning opportunities. The product discusses the opportunities and challenges of a creative climate when teaching online and provides strategies to develop creativity during the online learning process. It is developed with the use of the Torrance Incubation Model of Teaching and Learning (TIM) and Ekvall’s ten dimensions of a creative climate. This paper …

Delivering Service-Based New Product Development: Stewardship Cabability Differentiates Success From Failure In Back-End Innovation, Nancy Y. Nee

Student Scholarship

Previous research and literature highlight the factors that influence the success and failure of delivering new product development (NPD) to achieve back-end innovation. In particular, previous research identifies the key importance of executive sponsorship/championship on the success of back-end innovation by delivering NPD. Despite this key finding, NPD delivery continues to fail even with executive sponsorship/championship engagement. Stewardship is a construct that executive sponsors/champions use to ensure that the NPD delivery is aligned with the best interests of the organization and its stakeholders. The aim of this study is to provide an understanding of how stewardship affects the sponsorship/championship role …

The Impact Of Casino Revenue-Sharing On Tourism Efforts In Niagara Falls Usa: 2006-2016, Anthony L. Astran

Public Administration Master’s Projects

This qualitative case study examines the intersection of a Native-owned casino, revenue-sharing with its host community, and the impact of tourism marketing efforts vis-à-vis funds provided to the community’s tourism agency. Specifically, this report studies downtown Niagara Falls USA from the time period between 2006 and 2016, and seeks to determine whether and how funds from Seneca Niagara Resort & Casino boosted tourism marketing efforts by Niagara Tourism & Convention Corporation (NTCC). Background research and a series of elite interviews with city officials and tourism agency leaders uncovered overall positivity in terms of growth in Niagara Falls USA’s tourism efforts …

2017-December-Mfa Alum David Mazure Featured In Print Magazine.Pdf, College Of Arts And Sciences, East Tennessee State University, University Marketing And Communication, East Tennessee State University

ETSU News

East Stoudsburg Unviersity art and design professor, and ETSU MFA alum David Mazure is currently being featured in the Fall 2017 issue of Print Magazine. Mazure along with philosophy professor T. Storm Heter taught a “Human Rights and Freedom” class that produced 30 posters on an inclusion project. In early December 2017 the posters were hung throughout the ESU campus, displaying various views on political, racial/ethical, cultural, gender differences, barriers, and multiple other topics that take on issues people face every day. To view the article please visit this link: http://www.printmag.com/daily-heller/academic-freedom-sides/

2017-December-01-2018 Grammy Nomination, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

2017-December-01-Ross: Tennessee Artist Fellow, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

Principles Of Accounting I, Acc 1101, Course Outline, Rachel Raskin

Open Educational Resources

Principles of Accounting I will introduce the fundamental concepts underlying financial accounting. It will explore the accounting cycle and demonstrate how the financial reporting process is impacted by accounting standards. You will learn to read and understand the financial statements and how proper internal controls are vital for the preparation of accurate and reliable financial information.

The Nonprofit Nerd (December 2017), The Nonprofit Institute At Portland State University

The Nonprofit Institute Newsletter

This edition of the Nonprofit Nerd features research highlights, Nerds at Work, and news from the Nonprofit Institute.

Working With Creative Leaders: Exploring The Relationship Between Supervisors' And Subordinates' Creativity, Gamze Koseoglu, Yi Liu, Christina E. Shalley

School of Business Faculty Research

We propose that supervisors' own level of creativity is a core component of effective leadership that can be associated with subordinates' self-concept and creativity. Specifically, drawing on the identity theory framework, and role identity theory in particular, we argue that subordinates' creative role identity is an important underlying mechanism in the relationship between supervisors' level of creativity and their subordinates' creativity. Using a sample of 443 employees working with 44 supervisors in an IT firm, we hypothesized and found support for a moderated mediation model. There was a positive indirect relationship between supervisors' creativity and their subordinates' creativity via the …

Examining The Role Of Sales-Based Crm Technology And Social Media Use On Post-Sale Service Behaviors In India, Raj Agnihotri, Kevin J. Trainor, Omar S. Itani, Michael Rodriguez

Marketing Faculty Publications

Despite the growing recognition of the critical role of post-sale service on the salesperson-customer relationship, few studies have explored how salesperson service behaviors (SSB) are enhanced through tools such as sales-based customer relationship management (CRM) technology and social media. Using dyadic salesperson-customer data within a business-to-business context, this study analyzes the direct effects of sales-based CRM technology on the behaviors of diligence, information communication, inducements, empathy and sportsmanship. Additionally, the study examines the interactive effects of sales-based CRM technology and social media on these behaviors. The results indicate that sales-based CRM technology has a positive influence on SSBs and that …

The Impacts Of Interbank Connections: Evidence From Mergers And Acquisitions, Christina Zhang

College of Business Faculty Publications and Presentations

The paper identifies the difference between connected and unconnected deals and examines the impact of the interbank connections among M&A deals. Deals with connected advisors are generally more complex and larger than the ones without. In addition, target valuation is significantly higher for deals with connected advisors than the ones without. However, the completion rate is generally indifferent between the two types of deals, but the completion time is typically shorter for the deals with connected advisors. Moreover, targets' announcement returns are significantly positive when connected advisors are hired. Overall, it appears that interbank connections benefit the target firms.

Enterprise Social Media Use And Impact On Performance: The Role Of Workplace Integration And Positive Emotions, Murad Moqbel, Fiona Fui-Hoon Nah

Information Systems Faculty Publications

Organizations struggle to find ways to improve employees’ performance. To date, little research has empirically examined the relationship between enterprise social media use and knowledge workers’ performance. Using social capital theory and the broaden-and-build theory of positive emotions as our theoretical framework, we investigate the relationship between enterprise social media use and knowledge workers’ performance. We tested our research model by collecting data from employees working for a large information technology firm in the Midwestern United States and analyzing the data using a structural equation modeling approach. The results suggest that enterprise social media use can increase workplace integration, which …

Symbiotic Relationships Among Innovations And Sustainable Practices: A Supply Chain Management Perspective, Muratcan Erkul

Theses and Dissertations

Sustainability as a business phenomenon has occupied the attention of academicians, practitioners, and consumers for more than three decades. While some firms emphasize on their own internal sustainability initiatives, there is a growing trend to implement sustainability across the supply chain. This increasing interest makes implementation of sustainable supply chain management (SSCM) practices very important for focal firm's sustainability; however, the ability to create innovative products, processes, and ways of operating is crucial if an organization is to be sustainable. Although there have been studies that investigate innovation in the context of sustainability, their scopes are limited to a single …

Two Essays On International Capital Flows And Cross-Listings, Lu Sui

Theses and Dissertations

This dissertation explores two interesting issues: international capital flows and cross-listings. With high volatility of capital flows and imbalance of capital flows between emerging and advanced economies, the topic of capital flow management is always attractive to researchers and policy makers. The first essay explore how capital flows in G20 countries are significantly impacted by pull and push factors. The results show that international capital flows are significantly associated with domestic financial development, which is measured by stock market liquidity and domestic credit. Moreover, international capital flows are affected by some push factors such as, the growth of world economy …