Business Commons^™

Financialisation Of Commodity Markets: Boon Or Bane?, Singapore Management University

Perspectives@SMU

An influx of investment money into commodity futures can distort the broader economic picture, but it can also help commodity producers hedge price risks

Innovation And The Social Entrepreneur, Singapore Management University

Perspectives@SMU

Starting small and a willingness to learn are perhaps the most important things for a social entrepreneur

Economic Recession As A Catalyst To Increased Collaboration In Rural Tourism, Catherine Gorman, Ziene Mottiar

Books / Book chapters

Purpose: This chapter illustrates the collaborative strategies used by a rural village and community to counteract the rapid decline in economic and social activity in tourism that occurred during and after the recession in Ireland.

Design/methodology/approach: A review of literature focuses on collaborative strategies evident within a rural context, and considers benefits, challenges, inter and intra- relationships including ties, structure and communication. Motivational factors relating to social and economic need are also discussed. The case study is set in context with a brief review of the Irish economic environment, rural policy and rural tourism.

Findings: In a community rich in …

Connected: An Enhanced Online Interface For Engagement Between Industry And Academia, David Kirk, John J. Keogh, Terry Maguire

Conference Papers

The drive for third level education institutes to engage with industry, enterprise and the community recognises their interdependence and need for continuous knowledge exchange. The extent to which students are capable of embracing their post-qualification roles, may be determined by the currency of the curriculum and work-readiness, which is informed by the context of the ‘real-worlds’ however they are shaped. Similarly, the activities that challenge industry, enterprise and the community could find support in the broad the spectrum of knowledge, skills and expertise that resides in the domain of formal education.

A key obstacle to collaboration between higher education institutes …

Book Review: Ethics: The Heart Of Leadership, Tongtong Yu

MBA Student Scholarship

No abstract provided.

Perspectives On Organization Of The Marketing Function In Higher Education, Susan Tams

Theses, Dissertations and Capstones

The current study was initiated to assess the organization of the marketing function in institutions of higher education and to measure the perceptions of higher education marketing officials about various aspects of marketing. The study is a modified replication of a study by Michael W. Mulnix (1996) and employed the questions developed by Mulnix to measure perceptions of current practitioners. Several demographic questions were added about the respondents and their institutions. An updated study is useful because of three categories of change in higher education since 1996: a) changes in the way higher education conducts its operations; b) changes in …

2015-2016 Impact Report, Marshall University College Of Business

Impact Report

No abstract provided.

The New Global Financial Regulatory Order: Can Macroprudential Regulation Prevent Another Global Financial Disaster?, Behzad Gohari, Karen E. Woody

Scholarly Articles

This Article posits that the success of macroprudential regulation will depend on four factors. First, the economic philosophy of the central banker in charge of the domestic institution with jurisdiction over macroprudential regulation will prove crucial in the implementation of adopted regulation. If, like Chairman Greenspan, the banker is averse to the exercise of the Central Bank's regulatory oversight authority, then no amount or volume of policy or regulation will prevent or mitigate systemic risks and the accompanying shocks. Second, a sufficiently deep level of international cooperation is required to mitigate regulatory arbitrage, without being so broad that the ensuing …

Santa Clara Magazine, Volume 56 Number 3, Spring/Summer 2015, Santa Clara University

Santa Clara Magazine

16 - SILICON VALLEY STORY by Michael S. Malone '75, MBA '77. The hidden history behind the heart of ingenuity.

22 - BARCELONA SIESTA by Maya Kroth '01. On a Fulbright to Spain, in pursuit of the meaning of sleep. In the 21st century, it's not what it used to be. By Maya Kroth '01.

26 - BUILD IT BEAUTIFUL. See how the campus has been transformed in the past two decades-thanks in no small part to Joe Sugg. Illustration by Rod Hunt.

28 - A GOOD BASEBALL MAN by Jeff Gire. Charlie Graham and a tale of the Red …

The Plucking Model, The Great Recession, And Austrian Business Cycle Theory, Ryan Murphy

Bridwell Institute for Economic Freedom Research

This brief note points out that Milton Friedman’s “Plucking Model” has not held following the Great Recession. Friedman argued that the Plucking Model offered evidence against theories like Austrian Business Cycle theory; the bust was what needed explanation, not the boom. But as many economists have pointed out, the years leading up to the Great Recession fit many of the stylized predictions of the Austrian Business Cycle. Given their observations, it is of interest that the bust in recent years has not followed the Plucking Model.

The Unconstrained Vision Of Nassim Taleb, Ryan Murphy

Bridwell Institute for Economic Freedom Research

No abstract provided.

The Impact Of Economic Inequality On Economic Freedom, Ryan Murphy

Bridwell Institute for Economic Freedom Research

This paper tests the hypothesis that the presence of economic inequality may lead to erosions of economic freedom. Using Economic Freedom of the World as a measure of free economic institutions, it finds that a one standard deviation increase in the gini coefficient reduces the presence of free economic institutions by 0.18 standard deviations. This effect is modest but not at all trivial, and the magnitude of the effect may be especially important in increasing the size of government. Surprisingly, the evidence is mixed for the effect of inequality on regulation, with modest evidence suggesting it may improve the regulatory …

Heterogeneous Moral Views In The Stateless Society, Ryan Murphy

Bridwell Institute for Economic Freedom Research

A growing literature has explored the workability and efficacy of governance without the state. The difficulties typically raised in the context of these studies concern under which conditions cooperation or Hobbesian chaos would arise in the absence of a monopolist of coercion. This paper challenges the idea of the stateless society from another vantage point, arguing the institutions articulated by proponents of the stateless society would struggle at reconciling heterogeneous views regarding the rights of third parties. This is relevant for many of the most contentious policy debates, such as abortion and animal rights.

Unconventional Confidence Bands In The Literature On The Government Spending Multiplier, Ryan Murphy

Bridwell Institute for Economic Freedom Research

Macroeconomists have applied many versions of vector autoregression to measuring the size of the government spending multiplier. Very frequently in the literature on that multiplier, the statistical significance of results is held to an unconventionally low standard of one standard error. This paper will document the pervasiveness of the issue among thirty-one papers. Five of the six papers with at least 500 Google citations use that unconventionally narrow band.

What Do Recent Trends In Economic Freedom Of The World Really Tell Us?, Ryan Murphy

Bridwell Institute for Economic Freedom Research

No abstract provided.

Ceo Equity Incentives And Audit Fees, Yongtae Kim, Haidan Li, Siqi Li

Accounting

This study examines whether CEO equity incentives have an impact on audit pricing. Prior studies investigate whether CEO equity incentives motivate executives to manage earnings for personal financial gains. Our focus is on whether auditors perceive CEO equity incentives to be associated with greater earnings manipulation risk and incorporate such risk in their pricing decisions. We find that CEO equity portfolio vega is positively related to audit fees after controlling for other determinants of audit fees, while equity portfolio delta is not significantly related to audit fees. This result holds after we account for potential endogeneity. The evidence suggests that …

A Study Of The Impacts Of The Panama Canal Expansion On The U.S. Northeast Ports And Strategy Of The Port Of Boston, Chien Wen Yu

Management Faculty Publications

When it is completed in 2016, the Panama Canal expansion will increase the trade volume and route from Asia to the United States as well as the competition amongst all U.S. ports, creating economic impacts in several areas. East Coast ports will be affected the most due to investments in harbor expansion projects and rise in cargo traffic and imports. The expansion will provide access for the Post-Panamax ships to the East Coast ports. These ships can increase cargo size from 5,000 up to 13,000 TEU’s (twenty-foot equivalent unit). It is estimated that 20-25% of import traffic will shift to …

Racial Differences In Job Attribute Preferences: The Role Of Ethnic Identity And Self-Efficacy, Jakari N. Griffith, Gwendolyn M. Combs

Management Faculty Publications

Using a sample of 149 white and 190 black business students, the authors examined racial differences in job attribute preferences. Results of this study indicate there were significant racial differences in 19 of 21 job attributes examined, with black students placing greater importance on job attributes than white students. Investigation of the mechanisms contributing to this difference reveals that the relationship between race and job attribute preferences was mediated by ethnic identity. Furthermore, the relationship between ethnic identity and job attributes was moderated by personal efficacy, with higher self-efficacy levels leading to greater importance placed on job attributes.

The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 4, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Pittsburg Micropolitan Area Economic Profile, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Profile is created by the Business and Economic Research Center (BERC) at Pittsburg State University.

The Case Of The Frequent Flyer Fraudster, John Delaney, Martin Coe, Jeffrey Coussens, Michael Reddington

Accounting: Faculty Scholarship & Creative Works

This case, based on a real fraud, engages students in a fraud investigation learning activity with a focus on interrogation. Students analyze an interrogation, identify and discuss verbal and nonverbal cues to deception, discuss legal ramifications of conducting fraud examinations, and develop recommendations to improve internal controls. The intended audience is a fraud examination course.

Ole Miss Accountant – 2015, University Of Mississippi. School Of Accountancy

Ole Miss Accountant

Cover story: Roland Burns Enters Hall of Fame

Examining The Impact Of Casinos On Economic Development: A Spatial Analysis Of The Counties In The Mid-Atlantic Region, Andrew J. Economopoulos

Business and Economics Faculty Publications

Few have formally evaluated the economic impact of casinos, and yet most agree that it is crucial in estimating the net benefit to society. A new casino investment should stimulate economic activity in the immediate region, but its operations could potentially reduce employment and incomes within the industry. Grinols outlines the factors that could lead to positive or negative growth from the investment, but what is critical to the empirical validation of the investment is the definition of region. Since data is geographically limited to political boundaries, it is necessary to employ a spatial methodology that captures the impact beyond …

Tourism Potential To Benefit The Poor: A Social Accounting Matrix Model Applied To Ecuador, Robertico Croes, Manuel A. Rivera

Rosen Faculty Scholarship and Creative Works

The study examines the distributional effects of tourism expansion applying a Social Accounting Matrix model to the case of Ecuador. Specifically the study examines what share of tourism expansion benefits poor people. The study finds that tourism has large multiplier effects on the Ecuadorian economy and has the potential for substantial benefits to the poor. The study also found that distributional effects of tourism development are spread across all household incomes in both urban and rural areas benefiting the lowest and low households the most. Tourism has the potential of reducing inequality and is pro-poor in the case of Ecuador. …

The Internationalization Benefits Of A Music Festival: The Case Of The Curacao North Sea Jazz Festival, Manuel Rivera, Kelly Semrad, Robertico Croes

Rosen Faculty Scholarship and Creative Works

A longitudinal research design was used to assess the potential internationalization benefits that may occur when hosting a music festival in a small island destination. A macroeconomic analysis was used to assess these benefits. The results reveal that a music festival may make a positive economic impact and provide internationalization benefits for a small economy under the eclectic paradigm and the OLI Framework. The study contributes to the understanding of music festivals as a strategic resource to enhance the competitiveness of small island destinations.

Relational Behavior Of Leaders: A Comparison By Vocational Context, G. Ronald Gilbert, Robert C. Myrtle, Ravipreet S. Sohi

Department of Marketing: Faculty Publications

Organizational researchers widely acknowledge that positive relational behavior is associated with leadership effectiveness. In this exploratory study, we seek to extend previous research examining contextual factors that influence leadership style based on the characteristics of person–vocation fit. Using information derived from a 360° assessment that included one’s top managers, peers, and subordinates (N = 934), we find that leaders working in settings that attract Holland’s Social (S) types demonstrate more positive relational behavior than those who work in Realistic (R) type work settings. Our research also indicates that the relationship between leadership style and perceived effectiveness varies based on …

Using A Group Role-Play Exercise To Engage Students In Learning Business Processes And Erp, Yide Shen, Jennifer Nicholson, Darren Nicholson

Rohrer College of Business Departmental Research

With the increasing process-centric focus and proliferation of Enterprise Resource Planning (ERP) systems in organizations, it is imperative for business graduates to understand cross-functional business processes and ERP system’s role in supporting business processes. However, this topic can be rather abstract and dry to undergraduate students, most of whom have little work experience. In this paper, we present a group role-play exercise that has been used in an introductory management information systems course to actively engage students in learning business processes and ERP systems. Student learning outcomes and their perceptions of the group role-play exercise were measured using a questionnaire. …