Business Commons^™

Global Influence Of National Accounting Standards, Kyle T. Welch, Dr. Kay Stice

Journal of Undergraduate Research

The project objective is to observe the international accounting standards community responses to the recent Enron and Anderson collapse.

The Conscious Alignment Of Strategy And Culture And Its Affect On Project Work: A Case Study Of Three It Departments Following A Transition In Leadership, Alan P. Hyatt, Dr. Michael P. Thompson, Dr. Ernest J. Nielsen

Journal of Undergraduate Research

My study provided the research for my honors thesis. The thesis discusses and develops the Theory of Conscious Alignment (TCA). The theory states that leaders and managers who consciously mold the strategy and culture of their organizations, and align the two intangible elements, will be much more effective. By aligning these two critical elements, the ongoing project work of the organization will also be aligned with them both, and the espoused strategic objectives and initiatives will be accomplished.

Managers Use Of Fas No. 115 For Investment Securities To Manipulate Earnings, Joseph B. Hillstead, Dr. Ted Christensen

Journal of Undergraduate Research

In the wake of catastrophic accounting scandals involving companies such as Enron, WorldCom, and Andersen, investors and the Securities and Exchange Commission have become increasingly concerned about the quality of reported earnings. Wall Street earnings expectations may be overriding common-sense business practices. In a zeal to satisfy consensus earnings estimates and project a smooth earnings path, wishful thinking may be winning the day over faithful financial representation. In this current era, gray-area accounting is sometimes misused; managers are cutting corners; and earnings reports reflect the desires of management rather than the underlying financial performance of the company.

Convergence Of Global Accounting Standards, Eric J. Williams, Dr. Earl K. Stice

Journal of Undergraduate Research

Business is simultaneously conducted in many lands—markets are no longer restricted by boundaries or time zones. Virtually every aspect of the corporate world is changing in response to the opportunities and challenges accompanying global expansion. Adaptation by corporations must occur or else obsolescence will result. The accounting and financial reporting profession is not immune to these globalizing currents of change. The resultant challenges are the impetus causing accounting-standard setters, namely the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), to examine areas of convergence.

The Value To Foreign Companies To List On Us Stock Markets, Jaron H. Wilde, Dr. Erv Black, Peter Johnson

Journal of Undergraduate Research

Business is simultaneously conducted in many lands—markets are no longer restricted by boundaries or time zones. Virtually every aspect of the corporate world is changing in response to the opportunities and challenges accompanying global expansion. Adaptation by corporations must occur or else obsolescence will result. The accounting and financial reporting profession is not immune to these globalizing currents of change. The resultant challenges are the impetus causing accounting-standard setters, namely the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), to examine areas of convergence.

Will The New “Aggregate Estimate” Method Affect The Fica Tax Liability Of Restaurants?, Terry Jackson, Dr. Ron Worsham

Journal of Undergraduate Research

In the past year, a landmark Supreme Court decision changed the way restaurants calculate social security taxes related to employee tips. In the case of the United States v. Fior D’Italia, Inc. [2002-1 USTC ¶50,459], the Supreme Court ruled against Fior D’ Italia, Inc. by concluding that the IRS properly computed their social security tax liability, even though the IRS utilized a new “aggregate estimate” method. This new aggregate estimate method puts restaurants at risk of paying higher social security taxes. From examining data of restaurants in the Salt Lake area, there is no conclusive evidence that this ruling has …

Entrepreneurial Success Factors, Bryant D. Blanchard, Dr. Ervin Black

Journal of Undergraduate Research

Every company has an entrepreneurial beginning. Some companies grow into huge corporations that provide thousands of jobs and generate millions in tax revenue, while other companies remain small and fight to stay in business from year to year. This observation prompts the question: What factors are influential in determining if a company will be successful? Success, for our purpose, is measured by the company’s ability to persist over time and provide jobs. By this definition, both the large multinational corporations and the small “Mom & Pop” businesses are successful, if they continue to provide jobs. The Small Business Administration (SBA) …

Nonverbal Cues Auditors Can Use To Detect Deceit, Brandon B. Buhler, Dr. W. Jeff Wilks

Journal of Undergraduate Research

Over the past few years, investors in Corporate America have witnessed a rise in financial fraud. With escalating frauds in the business world, investors are more determined to gain assurance from the auditors of the financial statements. The Sarbanes-Oxley Act of 2002 also increased legislative pressures on auditors to detect fraud.

Accounting Fraud: Case Studies That Prepare Business Students To Defend Themselves From Unethical Colleagues, Stephen P. Hunt, Dr. Steve Albrecht

Journal of Undergraduate Research

Most business students will eventually work with an unethical colleague whose schemes must ultimately crumble. The unethical person could drag his coworkers and his company down with him. We must prepare today’s business students (tomorrow’s executives) to save their own names and rescue their companie s when that day comes.

Computer Skill Demand In Central America, Tim G. Lovell, Dr. Robert Jackson

Journal of Undergraduate Research

Trade schools owned and operated by members of the church and organized for the intent to train return missionaries are becoming increasingly common in developing countries. One such school Fundet, located in Guatemala, boasts a student body representative of all Central America. Fundet offers six majors including its most popular in computer skills. As a technical school, Fundet focuses on teaching readily applicable skills that will allow alumni to secure employment in their field immediately after graduation.

The January Effect: An Empirical Test Of The Existence Of A Stock Market Anomaly, T. Lance Toler, Dr. Steven R. Thorley

Journal of Undergraduate Research

The idea of capitalism is based on the theory of an efficient market, or of an “invisible hand” that works tirelessly to distribute resources in the most efficient way. The stock market version of this idea is called the Efficient Market Hypothesis. This idea claims that all available information is absorbed immediately into the prices of stocks. Stock market anomalies, or any predictable patterns for high or low stock prices, therefore, should not exist. If any anomalies appear to be persistent, this suggests the market is not completely efficient.

The Value To Foreign Companies To List On Us Stock Markets, Jaron H. Wilde, Dr. Erv Black, Peter Johnson

Journal of Undergraduate Research

US Stock markets are stable, highly liquid, and wealthy. To benefit from the resources these markets potentially provide many domestic and foreign companies seek to be listed on a US stock exchange. All companies wishing to list must first register with the Securities and Exchange Commission (“SEC”), which regulates listed companies to protect investors and creditors. The SEC requires companies to produce financial statements that demonstrate their financial health and status. These financial statements must meet standards established in US GAAP (Generally Accepted Accounting Principles). Independent auditors audit the statements and attest whether they comply with GAAP.

World Series, Richard C. Crepeau

On Sport and Society

As the baseball season reaches its final few games in this rendition of the World Series, I find myself revisiting some tired but nagging issues including the dreaded Designated Hitter (DH) debate and the hypocritically laced PED controversy. This is not to detract from the excitement of watching two of the most enduring franchises in the game and two of the most successful teams of this new century.

Leader Innovation Profile: Assessing The Role Of Leader Sagacity, Cynthia P. Ruppel, Eleanor Lawrence, Leslie C. Tworoger

HCBE Faculty Presentations

This action research study examines creativity and innovation at the organizational level of a top management team. This research examines the personality characteristics and behaviors of an executive team that facilitated and fostered creativity and innovation. This study applies Simmons and Sower’s (2012) theory of leader sagacity to frame our understanding of leadership characteristics and behaviors associated with creative and innovative global organizations. The study findings highlight the importance of leadership characteristics and the role of the leader in the design and development of a creative and innovative organizational climate. This study suggests that creativity and innovation at the organizational …

School Of Business Presents Entrepreneurship Week, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.

Lindenwood University To Host Greater St. Louis Marching Band Championships, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.

The Emerging Role Of Women In The New Executive Workforce, Emma Morris

Journal of Executive Education

No abstract is currently available.

The Growing Role Of Executive Education In University- Corporate Partnerships, Lindsay Ryan

Journal of Executive Education

The purpose of this paper is to explore factors influencing the growth in university corporate executive education partnerships and present findings from a qualitative research study involving a sample of senior managers responsible for managing their corporation’s executive education partnership with the writer’s university. While universities and corporations may have partnerships for a range of activities, including sponsorships, recruiting, student projects and work experience, in this paper, the term partnerships refers to the development and customised delivery of executive education programs for corporations through university-corporate education partnerships.

Emotional Intelligence, Diversity, And Group Performance: The Effect Of Team Composition On Executive Education Program Outcomes, Michael P. Lillis

Journal of Executive Education

Group dynamics play a crucial role in group performance and effectiveness. The notion that people prefer to work with similar others in homogeneous groups is a common observation. Yet studies have revealed that homogeneity doesn’t necessarily translate into optimal group performance. In fact, research on group diversity has been fairly inconsistent; suggest the potential for some kind of underlying moderator variable. Using a sample of executive MBA students, this paper examines how group diversity and emotional intelligence are associated with group performance. We develop an integrative model that posits that the association between group heterogeneity and group performance becomes more …

Taking The Tablet: An Introspective Perspective On Using Pen-Based Computing In The Executive Case Class, Leyland F. Pitt, Frank J. Krzystofiak

Journal of Executive Education

The predicament of modern classrooms is that they are usually designed by administrators, architects and technicians, without, or despite the advice of experienced case instructors. By the time the instructor gets to teach in the class it is often too late, and generally too expensive to change anything. While the classrooms are long on technology and aesthetics, they are often very short on teaching comfort and convenience. In this short introspective paper (and here I follow in the tradition of consumer researchers such as Holbrook 1995) I suggest the use of a Tablet PC to overcome most of the problems …

Developing The Physician Executive: From The Surgical Suite To The Executive Suite, William Marty Martin, Susan M. Quinn

Journal of Executive Education

The perspective of physician executives is “crucial to shaping the future health care system” (Leatt, 2004, p.171). With the increasing need for physician leadership comes a need to increase executive education for physicians and to better define roles and responsibilities. This article will suggest eight models for educating physician executives, as well as recommendations for those seeking to start or improve programs to educate physician executives. This article will focus on physician executive education in the United States although there may be some lessons for physician executives in other nations with different health systems.

The Doctoral Learning Journey And Outcomes For Business Leaders And Corporate Managers, Barry Elsey

Journal of Executive Education

International education is big business in Australia and the University of South Australia (UniSA) is a leading player, particularly in the Asia Pacific region (Ciccarelli, 2007). Forced by government to generate income beyond public subsidy Australian universities have had little choice but to enter the competitive private sector marketplace offshore to attract international students. In the case of UniSA special attention has been paid to marketing offshore ‘executive’ doctoral programs for those in leadership roles in business and corporate affairs. These business and corporate leaders drawn to these doctoral programs is the subject of this paper.

Harnessing The Power Of Passion In Optimizing Business Performance, Randy Ross

Journal of Executive Education

No abstract is currently available.

Strategic Responses Arising From Divergent Foreign Policy And Trade Perspectives, Patricia L. Nemetz-Mills

Journal of Executive Education

This article examines the underlying theoretical rationale for different perspectives of foreign policy: Marxism, Wilsonian Idealism, neoconservative idealism, national interest, nationalism, isolationism, and theocracy. Various forms of trade policy are also examined as a function of foreign policy. A technique is suggested for analyzing actionable strategic responses based on foreign policy risks and resource availability. Several strategic responses are presented.

Enhancing Global Sales Skills In Executive Education Programs, Scott Widmier, Joseph F. Hair

Journal of Executive Education

The purpose of this article is to examine the need for executive education training in culture, suggest a method for clarifying situations where cultural training is needed, and provide guidelines on the content of executive education training programs for companies pursuing global opportunities.

Executive Education: Mired In A Leadership Theory Jungle, William R. Mcnay

Journal of Executive Education

The purpose of this paper is to briefly scan the intent and content of executive education in the twentieth century, identify the major changes that took place in the business world in the 1970s, and describe their impact on the work of executives in the highly competitive, turbulent environment of the new century. The thesis of this paper is that executive education is being impacted by a “leadership theory jungle”, resulting in confusion as to the right content and context of leadership and how to teach it.

A Report Card On Innovation: How Companies And Business Schools Are Dealing With It, Harry Vardis, Gary L. Selden

Journal of Executive Education

This study focused on the state of innovation in today’s businesses. We found that Innovation-driven companies observe certain practices. These were CEO involvement, supportive cultures of innovation, rewards for innovation, communication, metrics, hiring practices that support innovation, budget allocations for innovation, and an innovative vision. In addition, it supported the notion that innovation-driven companies practiced systemic innovation as opposed to innovation-shy companies. Open communication appears to contribute to systemic innovation by reducing fear of risk taking.

It is critical to point out that, fear, the major obstacle in the pursuit of innovation, can be eliminated with the right communication among …

An Exploratory Analysis Of The Impact Of Price On The Search And Selection Process For Executive Mba Programs, Francis Petit

Journal of Executive Education

The purpose of this research is to determine the role of price (tuition costs) and its impact for prospective students during the Executive MBA search and selection process. To determine this information, a survey was recently distributed and completed by current Executive MBA students enrolled in programs in the Northeast United States in which the students were asked to rate various attributes, in terms of importance, while they were searching and selecting a program. The main findings of this study indicate that price took on an increasingly important role during the program selection process, as opposed to the search process, …

The Santa Clara, 2013-10-24, Santa Clara University

The Santa Clara

No abstract provided.

Bloomberg Story Quotes Ben Blau's Research On Lobbying, Usu Jon M. Huntsman School Of Business, Lorraine Woellert

Jon M. Huntsman School of Business News Collection

In Washington, it always comes down to who you know. A new report says banks with political connections were more likely to get liquidity lifelines from the Federal Reserve during the financial collapse.