Business Commons^™

Auditing Standards Board (Asb) Meeting, January 7-9, 2014, San Diego, Ca; Highlights (Asb) Meeting, January 7-9, 2014, American Institute Of Certified Public Accountants. Auditing Standards Board

Association Sections, Divisions, Boards, Teams

No abstract provided.

Ada News - 01/06/2014, American Dental Association, Publishing Division

ADA News

Established in 1970 as the official newspaper of the American Dental Association, the ADA News serves practicing dentists and others allied to the dental profession in the U.S. and internationally. It is the No. 1 source of news and information about the many benefits and services the ADA delivers to members daily as well as timely information on scientific, social, political and economic developments affecting dentistry and health care.

Rising Interest Rates, Steven D. Dolvin

All Chapters

Interest rates have remained at historically low levels since 2008; however, with the recovering economy and the prospect of the Fed reducing its intervention, it is likely that interest rates will rise. Such a move will reduce bond prices, particularly longer-term bonds, so what asset classes should investors consider? A recent Wall Street Journal article suggests that certain equity sectors (e.g., energy, financials, and consumer discretionary) tend to perform well (at least relatively) in such environments. See article here.

The Wolf Of Wall Street, Steven D. Dolvin

All Chapters

With the recently released movie (The Wolf of Wall Street), the fraudulent activities of the IPO underwriting firm Stratton Oakmont have come back into public view. For a detailed review of how the fraud took place, see here (Wall Street Journal).

Redefining Quality In Developing World Education, Kristi Jane Yuthas, Marc J. Epstein

Business Faculty Publications and Presentations

In the outskirts of Medellin, Colombia, impoverished rural schoolchildren have cause for hope. The Colombian Coffee Growers’ Association wants to hire them. Why? Because these children have developed the independent thinking, communication, and work skills that will make them an asset to the industry. They developed these skills in their multigrade primary schools, where children do most of their learning in competence-based groups, while the teacher functions as guide and coach.

In Kenya, a teenage boy is also celebrating. A primary school dropout who once survived outside the law, he now runs his own small business, lives on his own, …

What Makes A Homepage Effective – Aals 2014 Presentation, Leslie R. Steinberg, Steven Barnes, Roger Skalbeck

Georgetown Law Faculty Publications and Other Works

As the approach to website development is constantly evolving to accommodate the latest technology, what are the best practices in law school home page design? Speakers will include Roger Skalbeck, author of the annual "Top 10 Law School Home Pages" ranking, who will explain the methodology, analysis and trends related to the study, and Steven Barnes, who will share the award-winning approach used at Penn Law to earn accolades from key constituencies, tie for #1 in “The Top 10 Home Pages” and earn a 2013 Webby People’s Voice Award.

Review Of Financial Intelligence For Entrepreneurs: What You Really Need To Know About The Numbers By Karen Berman And Joe Knight, With John Case., H. L. Vacher

Numeracy

Berman, Karen and Knight, Joe, with John Case. Financial Intelligence for Entrepreneurs: What You Really Need to Know about the Numbers, (Boston MA: Harvard Business Press, 2008). 285 pp. ISBN 978-1-4221-1915-0.

From “The art of finance (and why it matters)” (Part One) through “Creating a financially intelligent company” (Part Eight), Financial Intelligence for Entrepreneurs is an engaging explanation and appreciation of financial statements and financial ratios. Short, easily digested chapters; just-in-time boxes to introduce terminology; easy, direct, in-text calculations from bare-bones, hypothetical financial statements to illustrate concepts; a 44-page appendix of crafted exercises on the income statement, balance sheet, …

Financial Literacy And The Success Of Small Businesses: An Observation From A Small Business Development Center, Pearl Dahmen, Eileen Rodríguez

Numeracy

Small business is the backbone of the U.S. economy; when the financial literacy skills of entrepreneurs fall short of those needed to operate a successful business, it is more than the individual business at risk. In 2012, 14 small businesses requesting growth-acceleration consulting services from the Florida Small Business Development Center at the University of South Florida were assessed financially as part of the service provided by the Center. Financial ratios were used to analyze the business’s financial condition. While performing the financial analysis of these firms, we also surveyed the business owners to determine their level of financial understanding …

2014 Private Capital Markets Report, Craig R. Everett

Pepperdine Private Capital Markets Report

The Pepperdine private cost of capital survey was originally launched in 2007 and is the first comprehensive and simultaneous investigation of the major private capital market segments. This year’s survey deployed in October 2014, specifically examined the behavior of senior lenders, asset‐based lenders, mezzanine funds, private equity groups, venture capital firms, angel investors, privately‐held businesses, investment bankers, business brokers, limited partners, and business appraisers. The Pepperdine survey investigated, for each private capital market segment, the important benchmarks that must be met in order to qualify for capital, how much capital is typically accessible, what the required returns are for extending …

2014-January-02-University School Open House, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

Factors Affecting Mobile Banking Adoption In The United States, Michel N. Engwanda

2010-2016 Archived Posters

This quantitative correlational study was focused on how consumers’ perceptions affect their intention to use mobile banking in the United States. Among U.S. consumers with smartphones, Internet access, and a bank account; 68% used Internet, 33% used telephone-based banking, and only 21% engaged in some type of mobile banking activities in 2011. The web-based survey used in this study was derived from the technology acceptance model extended by the innovation diffusion theory. Data were collected by email from a random sample of 398 people in the United States. The structural equation modeling technique was used to analyze data. The results …

Barriers To Microenterprise Initialization, Growth, And Success, Marie Bakari

2010-2016 Archived Posters

Entrepreneurs are vital to the economic stability of any community. This applied business research was an exploration of the coping strategies of African American microentrepreneurs to the barriers that impede business initialization, growth, and success. Participants’ narratives were the sources of data. Findings revealed ways to change the business support dynamic for this group.

Structural Breaks And Portfolio Performance In Global Equity Markets, Harry J. Turtle, Chengping Zhang

Faculty Publications - College of Business

No abstract provided.

Incorporating Powerful Excel Tools Into Financial Teaching, Chengping Zhang

Faculty Publications - College of Business

Data Table, Charts, Scenario Manager, Goal Seek, and Solver are powerful Excel tools in solving financial problems. Incorporating these tools into finance teaching can help students understand finance concepts intuitively, and bridge the gap between financial theories and real-world applications. The learning goals defined for an Excel-integrated finance course have all been achieved. Students who took this course are more confident on their Excel skills and financial knowledge. This paper demonstrates how to effectively use Excel tools to teach key finance concepts, such as financial statement analysis, time value of money, stock and bond valuation, capital budgeting, portfolio theory, and …

Ethical Leadership In The Age Of Apology, Craig E. Johnson, Paul Shelton

Faculty Publications - College of Business

The growing importance of public apology makes forgiveness seeking a critical responsibility for ethical leaders. Leaders must offer apologies on behalf of themselves (in their roles as moral people) and on behalf of the organizations they lead (in their roles as moral managers). Morally satisfying apologies adequately acknowledge offenses, express remorse, offer explanations, and make reparations for damages. The apologies of disgraced professional cyclist Lance Armstrong and General Motors CEO Mary Barra demonstrate how incomplete apologies can undermine ethical leadership. Armstrong’s apology did little to atone for his failings as a moral person. In her role as a moral manager, …

Love As A Replacement For Fear In The Workplace, Debby Thomas

Faculty Publications - College of Business

Fear is routinely used in organizations and interpersonal relationships as a source of motivation. Some research supports the use of fear to motivate employees to work and to change. However, fear has long lasting negative effects that outweigh the motivation that it produces. This paper proposes and supports the notion of love as a central motivator in place of fear. Inner texture exegesis of 1 John 4:18, along with recent research on love in organizations, supports the move from fear to love. Love produces long lasting effects of inspiration and heart level motivation, increased creativity and effectiveness, and a release …

Daniel As An Example Of Exceptional Cross Cultural Leadership, Debby Thomas

Faculty Publications - College of Business

This paper presents Daniel as a prototypical model of an excellent cross-cultural Christian leader. The GLOBE project research on cross-cultural leaders is consulted and five cross cultural leadership qualities are identified based on their acceptance in all cultures studied: integrity, performance oriented, visionary, inspirational, and team builder as found in Dorfman’s research originating from the GLOBE project.1 God’s intervention in Daniel’s leadership is also considered as a significant factor in Daniel’s cross-cultural success as a leader. Exegetical analysis of Daniel 1 and 2 verifies that Daniel meets the criteria of an excellent cross-cultural leader as proposed by Dorfman. Daniel presents …

Why “Good” Followers Go “Bad”: The Power Of Moral Disengagement, Craig E. Johnson

Faculty Publications - College of Business

Moral disengagement answers the question of why “good” followers (those with high personal standards) go “bad” (engage in unethical and illegal activities). In moral disengagement, actors set aside the self-condemnation they would normally experience in order to engage in immoral activities with a clear conscience. Moral disengagement mechanisms encourage individuals to justify harmful behavior, to minimize personal responsibility for harm, and to devalue victims. The follower role makes individuals more vulnerable to moral disengagement. While all followers are susceptible to moral disengagement, some are more vulnerable than others due to such personal antecedents as lack of empathy, rigid and authoritarian …

Comparison Of Rwandan And American Followership Styles, Debby Thomas

Faculty Publications - College of Business

Leadership research is plentiful and multifaceted yet followership, an essential component in leadership, attracts little research attention. This research paper measures followership styles in two cultural contexts: American and Rwandan. Although cultural aspects of followership have been studied to some extent, the literature in this area is lacking. Data are collected from two organizations of similar size and function, one in Rwanda, and the other in Oregon, USA. It is hypothesized that Americans’ cultural preferences influence followers to favor critical thinking and active engagement while Rwandan cultural preferences predispose followers to less critical thinking and less active engagement. Results of …

Program Manager Competencies (Chapter 11 Of Program Management For Improved Business Results), Russ J. Martinelli, James M. Waddell, Tim J. Rahschulte

Faculty Publications - College of Business

The successful program manager is constantly seeking to learn and broaden his or her knowledge and experience in order to take on more complex and critical programs. The program management competency model was developed in order to address the breadth, depth, and complexity of the program management role. This chapter uses the program management competency model to detail the knowledge, skills, and abilities needed for program managers to continually grow as professionals and consistently succeed in their role. The various types of competencies that are discussed in the chapter are: customer and market competencies, business and financial competencies, process and …

Marketing Strategies To Alleviate Risk And Build Trust For Emerging Online Brands: Case Of An Asian Cosmetic Brand Entering Into The Usa, Sarah Song Southworth, Minjeong Kim

Faculty Publications - College of Business

Despite the growth of emerging brands launching their businesses online as their first retail channel, there is a lack of understanding regarding effective marketing strategies specific to them. The present research offers marketing strategies to alleviate risk and build trust, with a particular focus on emerging online fashion brands. The study examines how familiar cues such as store name and brand origin can be used to construct a perception of quality around an unfamiliar brand in order to alleviate risk and build trust. The researchers also observe how consumers’ online purchase experience with a particular product category influences how their …

Management Theory’S Impact On External Financial Reporting, Joshua Sauerwein

Faculty Publications - College of Business

Prevailing threads of management theory over the past century provide an intriguing backdrop for major innovations in external financial reporting. Three prevailing management theories, the efficiency movement, the human resource movement, and the strategy movement, are first identified and discussed. Evidence demonstrates that financial reporting innovations coincided with the rise of these theories. Thus, the needs of management, and not merely investors, play a critical role in external financial reporting. The article concludes with an examination of the strategy movement’s continuing role in financial reporting through integrated reporting.

The Limits Of The Market-Wide Limits Of Arbitrage: Insights From The Dynamics Of 100 Anomalies, Hieiko Jacobs

Research Collection BNP Paribas Hedge Fund Centre

Are anomalies strongest when limits of arbitrage are widely considered to be greatest? We empirically explore this theoretically deducted prediction. We first identify, categorize, and replicate 100 anomalies in the cross-section of expected equity returns. We then comprehensively study their dynamic interaction with popular proxies for time-varying market-level arbitrage conditions. Our findings reveal a surprisingly weak role of commonly employed measures of market-wide arbitrage risks and constraints. Even though this “big picture” evidence is by no means conclusive, our findings might potentially be best interpreted as supporting the growing literature which uncovers some shortcomings of the limits to arbitrage argument.

Learning Computing Topics In Undergraduate Information Systems Courses: Managing Perceived Difficulty, Jeffery D. Wall, Janice Knapp

College of Business Publications

Learning technical computing skills is increasingly important in our technology driven society. However, learning technical skills in information systems (IS) courses can be difficult. More than 20 percent of students in some technical courses may dropout or fail. Unfortunately, little rs known about students' perceptions of the difficulty of technical IS courses and how students cope with the perceived difficulty of technical content in IS courses. This paper explores how students perceive the difficulty of technical IS courses and how difficulty perceptions influence learning outcomes and perceptions. Learning technical topics may be particularly difficult for students from non-IS majors, yet …

Marketing Strategy For Unusual Brand Differentiation: Trivial Attribute Effect, M. Deniz Dalman, Junhong Min

College of Business Publications

This research investigates that brand differentiation creating superior values can be achieved not only by adding meaningful attributes but also meaningless attributes, which is called “trivial attribute effect.” Two studies provided empirical evidences as following; first, trivial attribute effect creates a strong brand differentiation even after subjects realize that trivial attribute has no value. Second, trivial attribute effect is more pronounced in hedonic service category compared to the utilitarian category. Last, the amount of willingness to pay is higher when trivial attribute is presented and evaluated in joint evaluation mode than separate evaluation mode. Finally, we conclude with discussion and …

Dialogues With The Informal City: Latin America And The Caribbean, Ariel C. Armony, Adib Cure, Carie Penabad

Center for Latin American Studies Publications

This publication, based on the symposium Dialogues with the Informal City: Latin America and the Caribbean, connects a range of fundamental themes affecting the current conditions and future of Latin America’s growing informal cities and, by extension, the rising global urban population. Informal cities can be described as settlements frequently characterized by organic physical patterns built incrementally over time as the needs and circumstances of a community change. While undeniably precarious in construction, informal cities exhibit underlying urban and architectural patterns of remarkable resilience; moreover, they reflect their inhabitants’ enduring cultural values. While seriously affected by poverty and violence, …

Visiting Nurse Services Of Newport And Bristol County: Increasing Program Awareness For The Help At Home Program, Nick Villeneuve, Monique Fedora, Jon Nessa, Kevin Nash, Joel Cooper, Arnold Robinson

Business

We came up with the idea of using a cost analysis to clearly demonstrate the advantage of home care vs. hospitalization. John Hopkins Bay view Medical Center conducted a study within their geriatrics unit to test their Hospital At Home program against typical on-site care at the hospital. The study was held over the course of 30 days involving hundreds of patients across three cities and the results were staggering. Not only was at home care 32% cheaper ($5,081 versus $7,480) but also overall customer satisfaction was significantly higher.

Crossroads Rhode Island: Proposed Social Enterprise Business Plan, Joel Cooper, Joe Brookes, Darci Lake, Victoria Fernandez, Matt Rosenfield, Arnold Robinson

Business

Crossroads Rhode Island provides their clients with a continuum of care that includes basic emergency needs, shelter, housing, case management and vocational services for individuals and families. In order to provide these services they rely on the generosity of their donors and supporters who have helped Crossroads to become the largest homeless services organization in Rhode Island. It is important to Crossroads that they stick to their core values of safety, respect, and effectiveness when helping the homeless or at-risk individuals and families secure stable homes.

Bristol Maritime Center Operations Manual, Hank Kniskern, Ellen Hassett, Arnold Robinson

Business

Economic studies have indicated that visiting boaters spend between $25‐$300 per day per person ashore. The upper end of this average were visitors associated with regattas or events. $70 was the average expenditure used in the Bristol projections. It is important to note that Bristol’s marketing initiative can have a major influence on the level of visitor spending. For instance, coupons and information about local stores and restaurants do have a positive effect. Promoting the harbor for yacht club cruise events is not only appreciated by the event organizers, but is financially advantageous to Bristol.

Youthbuild Providence: Public Relations Plan, Madeline Armater, Clayton Durant, Michelle Ryder, James Paternostro, Kaiwen Zhu

Marketing and Communications

Understanding what incentives drive businesses to partner with non-profits, as well as understanding what media business owners will pay attention to can help our firm get YouthBuild Providence’s name and message in the correct places that will have a higher probability of being consumed by these higher level managers or small business owners. To get the message out correctly, we are going to leverage the use of social media and local media to push our message out to small businesses.