Business Commons^™

Corporate Investment And Stock Liquidity: Evidence On The Price Impact Of Trade, Moonsoo Kang, Wei Wang, Chanyoung Eom

Business Faculty Publications

We document that corporate investment contributes to stock liquidity. This study demonstrates a positive relationship between abnormal corporate investment and stock liquidity in the cross-section.Moreover, stock liquidity
improves more apparently for firms with financial constraints. Our robustness check confirms that the
existing regularities cannot explain the current finding. This analysis suggests that corporate investment decreases
the risk of a firm and that a change in the risk affects the behavior of a market maker, leading to an increase
in stock liquidity.

2017-February-28-Polichnowski Hired, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

2017-02-28 Response Of Beth Patrick About Ncaa Penalty, Morehead State University. Faculty Senate.

Faculty Senate Records

Response of Beth Patrick about NCAA Penalty to the Faculty Senate on February 28, 2017.

Defined Contribution Retirement Plans, February 28, 2017 : Checklists & Illustrative Financial Statements, American Institute Of Certified Public Accountants (Aicpa)

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Kentuckiana Girl Scouts Council - Louisville, Kentucky (Mss 591), Manuscripts & Folklife Archives

Manuscript Collection Finding Aids

Finding aid only for Manuscripts Collection 591. Girl Scouts’ project and event material, leadership development matter, illustrations, as well as material about songs, cookies, and badges. Day camp material relating to Camp Houchens in Warren County, Kentucky, and financial papers of the Kentuckiana Girl Scouts Council.

Exploring The Impostor Phenomenon's Behavioral Characteristics: How Do Gay Male Leaders And Impostors Cope?, Donald B. Scott

Dissertations

Purpose: The purpose of this mixed-methods case study was to explore and describe the coping skills used to overcome 9 behavioral characteristics by gay men serving in civic or nonprofit leadership roles who are identified as experiencing the impostor phenomenon (IP) by the Clance Impostor Phenomenon Scale (CIPS; Clance, 1985).

Methodology: This study used a mixed-methods, descriptive case study approach to collect both quantitative and qualitative data about 14 study participants. Each completed the 20-question CIPS that represented the quantitative strand of the study prior to an interview that included 10 semistructured interview questions designed to collect rich, descriptive data. …

Alumni Unscripted: Wmu—More Than An Education, Corey Breton

Haworth College of Business News

Blog Post by Alumni Unscripted

Cross Cultural Study Of Food And Consumer Packaged Good Products In A New Market: Case Study In Thailand, Savanna Everett

Honors Theses

This study examines whether there are differences in consumers’ shopping behavior due to cultural orientation. The study uses comparing samples of American and Thai culture on two occasions. Theory suggests that these two cultural groups have dramatically different shopping practices. Thai, raised in a collectivist society that values price consciousness and sophistication in money handling, differ from Americans raised in an individualist society that traditionally do not have the same values (Ackerman and Tellis 2001).

We argue that differences in culture provide the most likely explanation for the differences in prices between the two types of super markets. The overall …

Ed Garvey’S Legacy, Richard C. Crepeau

On Sport and Society

Ed Garvey died this week at age 76. For many younger NFL fans his name will mean little. Once called “The Karl Marx of the Shower Stall,” Garvey was one of the most significant figures in the history of the National Football League in the 1970s and early ‘80s. Garvey was appointed legal counsel to the National Football League Players Association in 1970 and became Executive Director in 1971, a position he held until 1983. Along with John Mackey and others he led the players in there decades long struggle with the Commissioner and the owners. Although he did not …

Cross Cultural Study Of Food And Cpg Products In A New Market: Case Study In The United States Vs Thailand, Mariel Dehn

Honors Theses

This study examines whether there are differences in consumers’ shopping behavior due to cultural orientation. The study uses comparing samples of American and Thai culture on two occasions. Theory suggests that these two cultural groups have dramatically different shopping practices. Thai, raised in a collectivist society that values price consciousness and sophistication in money handling, differ from Americans raised in an individualist society that traditionally do not have the same values (Ackerman and Tellis 2001).

We argue that differences in culture provide the most likely explanation for the differences in prices between the two types of super markets. The overall …

The Role Of Islamic Finance In Economic Development, Nora Khan

Lingnan Journal of Banking, Finance and Economics

Islamic financial institutions have been growing rapidly in the past few years. Islamic finance refers to investments that are permissible in accordance with Sharia, the Islamic law. Sharia law views money as a measuring tool for value and not an “asset” itself. “It does not permit receipt and payment of riba(interest), gharar(excessive uncertainty), maysir(gambling), short sales or financing activities that it considers harmful to society” (IMF website). Interest, a form of income from money, is therefore prohibited. For example, the income obtained from banks must come from the gain or loss of the enterprises they underwrite and not from interest …

Fdi And Manufacturing Industry In Asia, Luyi Jin

Lingnan Journal of Banking, Finance and Economics

The study finds that China’s manufacturing still maintained a growth level from 2003 to 2013. However, the growth has been declining. The rapid development of ASEAN economies led to the rise of the emerging manufacturing countries which have slowly adjusted and found their own advantages in challenging China.

The main conclusions of this paper are twofold. First, China will soon lose her low labor cost competitive advantage and needs to look for new strategy or industrial upgrades. Second, the current pattern of international division of labor will last for a fairly long period that developing countries will continue to serve …

Portfolio Recallocation And Exchange Rate Dynamics, King Chun Wong

Lingnan Journal of Banking, Finance and Economics

This empirical paper aims to review a previous literature entitles “Portfolio Reallocation and Exchange Rate Dynamics”. The literature stated that including financial market structure can provide a micro-foundation to complement other macro-based models for exchange rate dynamics which typically are meaningful for the medium and long terms but not satisfactory for the short run. The model in the literature offers another way to look at exchange rate dynamics that is significant in the short run and more practical in nature. Undoubtedly, many investors in the financial market, such as traders, dealers, fund managers, and speculators who adjust their portfolio components …

How Do Cdos And Cdss Influence The Crisis Of 2008, Martin Buffet

Lingnan Journal of Banking, Finance and Economics

Everybody has heard about the “subprime” crisis but do we really know how it occurred and why this phenomenon had such an impact on our economies. One aspect of the answer to this question lies in the trade of credit default swaps (CDSs). These financial products led to less transparency in the markets and to a very collectively vulnerable financial system. This created a vicious circle that had not been anticipated by our financial regulators. In this paper, we will discuss how it occurred and what could have been done to avoid, or at lease reduce, the impact of these …

The Study Of Enhanced Performance Measurement Of Mutual Funds In Asia Pacific Market, Juzhen Li

Lingnan Journal of Banking, Finance and Economics

This empirical paper will compare the result by running Costa and Jakob's models (2010) using mutual funds in Asia Pacific market excluding Japan. Costa and Jakob's paper, Enhanced Performance Measurement of Mutual Funds: Running the Benchmark Index through the Hurdles, is highly related to this empirical paper and is generally based on Carhart's four-factor model (Carhart, 1997) with US securities market data. Apart from the comparison between Asia Pacific market excluding Japan and US market, further research on auxiliary and heteroscedasticity will also be conducted.

Hurecord, Vol. 10, No. 1

The Howard University Record

No abstract provided.

Hurecord, Vol. 2, No. 2

The Howard University Record

No abstract provided.

Hurecord, Vol. 1, No. 4

The Howard University Record

No abstract provided.

Hurecord, Vol. 1, No. 3

The Howard University Record

No abstract provided.

Guest Speakers To Discuss Societal Notions Of Masculinity, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.

2017-February-23-Pushing To Win, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

2017-February-23-Spring Major Concert, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

Proceedings (Abstracts) From The 2nd Annual Student Research Symposium “Meeting Of The Minds” And The 27th Annual Csusb Student Research Competition

OSRI Journal of Student Research and Innovation

No abstract provided.

Strategizing For Corporate Social Responsibility: Wells Fargo Case, Ines Montes-Stewart

OSRI Journal of Student Research and Innovation

This study evaluates Wells Fargo Corporation’s Corporate Social Responsibility strategy. It employs a qualitative methodology using the instrumental case study approach, within which the broad research question is raised: How does the Wells Fargo Corporation strategize for, and implement, corporate social responsibility? Our findings revealed that Wells Fargo has a solid, well-integrated CSR strategy deeply engrained within its culture, skillfully aligned with its capabilities and resources, and that this plan has been executed expertly within the corporation. We will communicate our findings to their leadership team in hopes they continue expansion of their CSR strategies and recommend they consider seeking …

The Moderating Roles Of Follower Conscientiousness And Agreeableness On The Relationship Between Peer Transparency And Follower Transparency, Cass Shum, Anthony R. Gatling, Laura A. Book, Billy Bai

Hospitality Faculty Research

Transparency is an underpinning of workplace ethics. However, most of the existing research has focused on the relationship between leader transparency and its consequences. Drawing on social and self-regulation theory research, we examine the antecedents of followers’ transparency. Specifically, we propose that followers have higher levels of transparency when they are working with peers who have a high level of transparency. We further suggest that followers’ conscientiousness and agreeableness moderate the relationship between peer transparency and followers’ transparency. Using a time-lagged design, we provide support for the proposed theoretical model. We found that follower conscientiousness substitutes the social regulation effect …

Auditing Standards Board (Asb) Meeting Highlights (Draft) February 22, 2017 Conference Call, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Auditing Standards Board (Asb), Conference Call February 22, 2017, Meeting Agenda, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Focus On Non-Functionals! The Effect Of Focussing On Non- Functional Requirements On The Maturity Of The Requirements Engineering Process, David Vermeulen, Mark De Weger, Pascal Ravesteyn

Communications of the IIMA

When developing IT systems it is important to know the requirements of the system. Requirements can be classified into different categories. In this study we look at functional and non-functional requirements. Respectively these describe the behaviour of the system (functional requirements) and the criteria under which the system works (the non-functional requirements). Furthermore this paper contributes to the understanding of the relation between the focus on non-functional requirements and the maturity of the requirements engineering process. The research question this paper addresses is: "How does the focus on non-functional requirements influence the maturity of the requirements engineering process?” The method …

Cultural Impacts On Cognitive Dissonance And Ewom/Enwom, Kungpo Tao, Yan Jin

Communications of the IIMA

The purpose of this study is to contrast individualist culture (e.g., United States) with collectivist culture (e.g., China) in regards to the Internet-involved customer purchase process (IICPP), specifically the customer’s involvement before purchase, the cognitive dissonance after purchase and the post-purchase behavior in terms of the online world of mouth (eWOM) and online negative word of mouth (eNWOM). This study also explores the influences of culture on product attributes that are associated in IICPP. Based on the related literature, this study applies the existing concepts to the Internet context. The study adopts 40 cases of online customer reviewers regarding their …

A Normative Model For Assessing Sme It Effectiveness, Michael Curry, Byron Marshall, Peter Kawalek

Communications of the IIMA

Information technology (IT) is a key enabler of modern small businesses, yet fostering reliably effective IT systems remains a significant challenge. This paper presents a light weight IT effectiveness model for small businesses to assess their IT and formulate strategies for improvement. Employing an action research approach we investigate a mixed method analysis of 120 survey responses from small family businesses and user participation in 10 semi-structured interviews. We then conduct critical reflection to identify refinements which are validated using 72 survey responses from university students. The results present compelling evidence that employees’ normative patterns (norms) are a significant driver …