Business Commons^™

2013-September-06-Child Study Center Fundraisers, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

Competition In Hong Kong’S Banking Industry, Lai Yee Chu, Yue Cui, Nan Ye, Yuelin Yan

Lingnan Journal of Banking, Finance and Economics

This paper tests the competition structure of Hong Kong’s banking industry using the Panzar-Rosse approach and a panel dataset of the largest 20 banks in Hong Kong from 1998 to 2011. The estimation results showed that the competitive pressures were equal across time and across the different sizes of the banks in Hong Kong’s banking industry. Competitive pressures may heighten in the near future as banks will seek to gain competitive edge and they can do so through mergers and acquisitions. Regulations are also slowly being relaxed after the financial crisis in order to boost the economy and more advances …

Assess The Crisis Management Effort Following The Outbreak Of The Subprime Crisis, Yuchen Luo

Lingnan Journal of Banking, Finance and Economics

In this paper, I employ a linear regression model to examine the effectiveness of four microeconomic variables, namely government debt, GDP growth rate, household consumption growth rate and government spending growth rate, in stimulating economic growth. In order to test the effectiveness of expansionary fiscal policy in different macro-environments, countries were first partitioned into low and high government debt categories. In addition, raw dataset was partitioned into two time periods, respectively, representing normal macroeconomic years and recession years. My results suggest that countercyclical government spending has been an effective stimulation tool but its effect was more significant in countries of …

Can The Euro Rival The United States Dollar And Become The World Currency?, Kar Wai Man, Feissal Thomas Germais Mombo Paraga Apengue, Weixin Zhang, Yiqing Tu, Yuan Yuan

Lingnan Journal of Banking, Finance and Economics

Due to the outstanding performance of the Euro since its advent, the public may wonder whether the Euro would, one day, replace the US dollar (USD) which has all along been a force to be reckoned with all around the world. By tracing the chain of contributions the USD (the United States of America) and the Euro (European Union) have made to the world economy in the past and at present, we hope to arrive at some conclusions. However, the paper will give primacy to predicting the future trends for them separately.

Democracy And Economic Growth: A Perspective Of Cooperation, Menghan Yang, Li Zhang

Lingnan Journal of Banking, Finance and Economics

Does democracy cause higher economic growth? We build a model taking culture and interpersonal cooperation into account and find that democracy increases economic productivity through giving people more equal rights, which allows people to build a larger interpersonal network so that they can reduce investment risk and employ high-productivity (high-risk) methods in production.

Does Okun’S Law Still Hold Today?, Michael Jeffrey White, Lai Yee Chu

Lingnan Journal of Banking, Finance and Economics

Arthur Okun claimed that when a country’s unemployment rate fell, the GDP expanded. This paper investigates the claim of Arthur Okun and the effect of unemployment rates and GDP of a country on each other. Data from three countries, namely, USA, Japan, and France, were tested to see if there was a causal link between the two variables. It was found that the proposed law of Arthur Okun did not hold. In the USA, there was a two way causality link but different directions of effect. France and Japan did not have a causal link between the two variables.

Impact Of Change In Exchange Rate On Foreign Direct Investment: Evidence From China, Weifeng Jin, Qing Zang

Lingnan Journal of Banking, Finance and Economics

Based on the monthly data of foreign direct investment (FDI) in China and the index of real effective exchange rate (REER) of RMB during Jan 1997 to Sep 2012, we develop a statistical model in this paper to test the impact of changes in exchange rate in the host country on FDI, with reference to international and domestic research. According to the results of the empirical test, the appreciation of RMB promotes FDI after the reforms in the exchange rate regime in 2005 and this phenomenon is a result from the change in the type of FDI into China in …

Quadrophobia, Analyst Recommendations, And Financial Reporting System, Eugene Groff, Stefan Vladan Blagojevic, Taras Koshylovskyi, Haigang Zhou

Undergraduate Research Posters 2013

“Quadrophobia” is a relatively novel term that corresponds to a type of ‘fear’ or ‘misrepresentation’ that can manifest itself during the process by which companies report their earnings per share (EPS) values to the public. This study sought to conduct an in-depth examination into the process by which company's reported their respective EPS amounts, in order to determine the degree to which they manipulate the fourth number after the decimal place to bolster their perceived value. Our research focused on analyzing the actual v. reported EPS data (via Worldscope) of various companies being trading on different exchanges throughout the world, …

Whom To Trust?: The Impact Of Peer Vs. Expert Opinions On Consumption Experiences, Travis Hancock, Dr. Ryan S. Elder

Journal of Undergraduate Research

Theoretical framework

Motivational Interviewing Applications In Recreational Therapy, Caitlin Trotter, Dr. Neil Lundberg

Journal of Undergraduate Research

Motivational interviewing is a communication method that assists an individual’s internal motivation to make a change (Miller & Rollnick, 2002). Motivational interviewing has been incorporated in many health care fields and professions (Anstiss, 2009), but has not been fully embraced in the field of Recreational Therapy. The purpose of this project was to explore possible applications and benefits of motivational interviewing in the practice of recreational therapy.

2013-September-05-Zombie Tag, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

2013-September-04-Radiant, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

2013-September-04-Saltville Talk, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

2013-September-04-Tipton: Mayoraz, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

2013-September-04-Volunteer Info, University Marketing And Communications, East Tennessee State University

ETSU News

No abstract provided.

Letter From Jeffrey A. Porter, Cpa, Chair, Aicpa Tax Executive Committee, To Tom Udall, Chairman, And Mike Johanns, Ranking Member, Senate Appropriations Subcommittee On Financial Services And General Government; Ander Crenshaw, Chairman, And Jose Serrano, Ranking Member, House Appropriations Subcommittee On Financial Services And General Government, Re: Irs Fiscal Year 2014 Budget., Jeffrey A. Porter, American Institute Of Certified Public Accountants. Tax Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

The Huntsman Post, September 2013, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business Huntsman Post Issues Collection

Monthly newsletter for the Jon M. Huntsman School of Business at Utah State University.

Comparison Of Companies Issuing Pro-Forma Earnings And Restatements, Robert Jenson, Dr. Ted Christensen

Journal of Undergraduate Research

In recent years, companies have increasingly released financial performance numbers in addition to those required under generally accepted accounting principles (“GAAP”). These adjusted, or pro-forma earnings, have been a way for management to report earnings without extraordinary, one-time, or other items. Previous research suggests that management may use these pro-forma numbers to meet benchmarks such as analysts’ expectations when GAAP measurements fall short of these expectations.1 In addition, there are companies which – due to misstatements resulting from accounting errors or even fraud – are required to restate their earnings. These companies may have reported inflated earnings to reach benchmarks, …

Modeling The Skewness Of Stock Return Distributions Using A Bayesian Framework, Ian J. Wright, Dr. Keith P. Vorkink

Journal of Undergraduate Research

In order to make optimal portfolio choices, individuals, firms and portfolio managers are interested in the probabilities attached to their receiving various returns in the stock market. These probabilities of returns on securities are described by statistical functions called return distributions. However, much uncertainty concerning such return distributions exists and over the years many models have been created that attempt to predict the mean and variance of return distributions, and recently some have even been put forth that attempt to predict the skewness of such distributions. The skewness of return distributions is of import to investors in particular because the …

An Examination Of The Effect Of Brigham Young University’S Single-Student Housing Policies On Local Condominium Values, Daniel Matthews, Dr. Barrett Slade

Journal of Undergraduate Research

My research revolved around four hypotheses relating to the impact of BYU’s single-student housing policies on condominium values in Provo and around Utah Country. These four hypotheses are as follows:

Lindenwood, Rams Team Up With Sport Management Program, Lindenwood University

Archived Lindenwood Press Releases

No abstract provided.

The Asymmetry Of Incentives For Small And Large Firms When Forming Technology Partnerships, Morgan Williams, Dr. David J. Bryce

Journal of Undergraduate Research

Substantial friction exists in markets when sharing new innovation or realizing the gains that arise from innovation. This friction may create suboptimal outcomes for broader society because it can lead to situations in which the best innovations are not widely shared. For example, it is well-known that large, well-resourced technology firms often patent far beyond their target product markets in efforts to stave off competition from new or upstart entrants. Some of these incumbent firms also engage in alliances with innovative smaller firms with the explicit intent to suppress or exploit innovations emerging from the alliance. This has negative consequences …

What Makes An Accountant? A Longitudinal Study Of Students Entering The Profession, Kari Joseph Olsen, Dr. Monte Swain

Journal of Undergraduate Research

The goal of our project is to improve accounting education and career advisement for students. Our project has its roots in the growing demand in the accounting profession for people with dynamic analytical and interpersonal skills. We believe that through improved accounting courses and career advisement, BYU students in particular, will be better prepared to be successful in their chosen careers.

Best Practices For Microfranchising In Bangladesh, Joseph W. Wade, Dr. Richard Mcclendon

Journal of Undergraduate Research

The purpose of this research project is to fulfill a research need for the Microfranchise Initiative at BYU’s Center for Economic Self-Reliance.

Ada News - 09/02/2013, 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.

Do Middle Managers Contribute To Their Organisation's Strategy?, Tony Kealy

Conference Papers

This paper presents an empirical study on the contribution made by middle managers to the development of strategy in an organisation. The data was collected using semi-structured interviews with four managers in randomly-chosen companies. Two of the participant managers held senior management positions while the other two held middle manager positions. The data was analysed using a qualitative approach. Previous studies in this field were found to be wide and varied. An early study by Mintzberg (1978) found that strategy mainly forms from emergent influences at middle and lower levels of the organisation, as well as from deliberate influences emanating …

The History Of Trial Gardens, Hallie Schmidt

Horticulture and Crop Science

Essay explores the history of home gardening and seed industry in America and the conditions that led to the development of the All-America Selections.

Issue Brief: Auditing Your Town's Development Code For Barriers To Sustainable Water Management, New England Environmental Finance Center

Sustainable Communities Capacity Building

This issue brief is intended for town officials who want to understand how development regulations in their community affect local water resources. Municipal development codes – the set of regulations that control the built environment – can have a great influence on the availability of clean and healthy water for drinking, recreation, and commercial uses. This in turn affects the community’s social, environmental, and economic vitality.

Comprehensive plans, zoning codes, and building standards are just a few examples of regulations that intentionally or unintentionally regulate the way water is transported, collected and absorbed. Regulations that produce dispersed development or large …

Issue Brief: Saving By Mitigating, University Of Louisville, New England Environmental Finance Center

Sustainable Communities Capacity Building

Natural disasters can cause loss of life, inflict damage to buildings and infrastructure, and have devastating consequences for a community’s economic, social, and environmental well-being. Hazard mitigation means reducing damages from disasters.

Local governments have the responsibility to protect the health, safety, and welfare of their citizens. Proactive mitigation policies and actions help reduce risk and create safer, more disaster-resilient communities. Mitigation is an investment in your community’s future safety, equity, and sustainability.

The Era Of Incremental Change In The Technology Innovation Life Cycle: An Analysis Of The Automotive Emission Control Industry, Jaegul Lee, Nicholas Berente

Business Administration Faculty Research Publications

According to the life cycle model of technological evolution, after the emergence of a dominant design, technological product industries undergo an “era of incremental change.” This era of incremental change is not well understood in the existing literature. Although the period is typically characterized in terms of stability and minimal innovation, we find that the era of incremental change can be actually quite dynamic. Through our research into the period of time following the emergence of a dominant design in automotive emission control systems, we find that the overall product innovation in the industry did not decline immediately following the …