Business Commons^™

Resource Review Of Leveraging The Power Of Foundations: An Analysis Of Program-Related Investing, Ashley Rosener

The Foundation Review

No abstract provided.

The Harvest Of Ministry: Exploring The Ministry Of Women Religious In Cleveland, Robert L. Fischer

Faculty Scholarship

Women religious serve in a range of ministries, often with the most disenfranchised in society. The nature of sisters' ministries has often been reduced to its external character – providing education, health care, or social services. What has been less understood is the enduring nature of the forces underlying these ministries. This study draws on six focus group conversations involving 33 Catholic sisters. The study surfaces key themes that frame a better understanding of the work of today's women religious. These themes can be adapted for others who seek to work with people in need.

A Look Back At The Education Tax Incentives Of 1997 And 2001 - Concerns And The Actual Impact, Teresa K. Lang, Rita C. Jones

Journal of Business, Industry, and Economics

The Taxpayer Relief Act of 1997 and the Economic Growth and Tax Relief Reconciliation Act of 2001 provided multiple tax subsidies to help individuals afford higher education. The Senate passed six similar proposals from 1967 to 1978, but all were voted down by Congress because legislators considered the subsidies too costly, complex, and inefficient. A decade later, this study considers whether the original opposition correctly predicted the downside of the education tax subsidies.The findings are: 1) lost revenues were less than predicted and this might even be lessened over time by having a more highly educated workforce earning higher incomes …

Lead-Lag Relationship In Spot And Future Market: Evidence From Pakistani Stock Market Kse-100 Index, Hamid Ullah, Attaullah Shah

Business Review

This paper has investigated the Efficient Market Hypothesis (EMH) through the concept of lead-lag relationship of the future market prices and spot market prices in the context of Pakistani stock market. The study has used data of randomly selected one hundred and forty firms listed on the Karachi stock exchange from January 1995 to March 2012. Spot and future indexes have been developed from the closing prices through the Price-Weighted index method. First stationarity of the data has been checked through AugmentedDicky Fuller test then GARCH (1,1) model has estimated for both the spot and future index returns in order …

Interdependence Of South Asian & Developed Stock Markets And Their Impact On Kse (Pakistan), Safdar Hussain Tahir, Hazoor Muhammad Sabir

Business Review

The objective of this study was to investigate the interdependence among the South Asian and developed markets and their impact on Karachi Stock Exchange. The data was collected from eight worldly stock exchanges, four from each South Asia and developed countries for the period starting from July 1999 to June 2011. For analytical purposes, techniques like Correlation Matrix, Unit root, Co integration test and Granger Causality were applied. The correlation results indicated that there was no significant relationship between the South Asian and developed equity markets. However the equity market of US and India found to be correlated. A bidirectional …

Relationship Of Single Stock Futures With The Spot Price: Evidence From Karachi Stock Exchange, Nasir Jamal, Ahmad Fraz

Business Review

The study is conducted to investigate the relationship of single stock futures with the spot price in Karachi Stock Exchange. Monthly data of twelve companies which are trading single stock futures have been examined for the period 1 January, 2005 to 31 December, 2010 with total of 72 observations for each company. Descriptive statistics, Unit Root test, Co-integration test, Granger Causality test, Vector Error Correction Model based on ARDL approach, Impulse Response and Variance Decomposition tests are used. The existence of long run relationship was found between the futures and spot prices of all the companies. The Granger Causality test …

The Volatility Effect Of Single Stock Futures Trading On Pakistani Stock Market, Adil Awan, Amir Rafique

Business Review

The impact of single stock futures on the spot market volatility is still a issue debated in finance literature. The aim of this study is to analyze the effect of introduction of single stock futures on the volatility of Karachi Stock Exchange. This study mainly addresses the changes in level of volatility and structure after the introduction of single stock futures. Twenty four companies listed on KSE were evaluated in terms of possible volatility effect due to stock futures trading. This study applied F-test for differences in variances as a traditional measure for volatility and GARCH(1,1) as a econometric technique …

Lucky Cement: A Price Leader In The Karachi Stock Exchange Due To Their Marketing Breakthrough In To The South Asian Markets, Aman U. Saiyed, Muhammad Asadullah

Business Review

Cement is one of the most significant commodities in the area of physical development of infrastructure. As the South Asian economies develop and more and more demands are made on the infrastructure, cement will emerge as the key marketable commodity in this part of the world. In the past 10 years the cement industry in Pakistan added capacity at a rapid pace. They made large profits on the back of high demand. Lately, they have experienced decline in sales and profits. To avoid the volatility of the domestic markets, some cement manufacturers have looked overseas. Lucky Cement Limited, as one …

Managing Inventory In Global Supply Chains Facing Port-Of-Entry Disruption Risks, Alan Erera, Maciek Nowak, Chelsea White

Information Systems and Operations Management: Faculty Publications & Other Works

Ports-of-entry are critical components of the modern international supply chain infrastructure, particularly container seaports and airfreight hubs. The potential operational and economic impact resulting from their temporary closure is unknown, but is widely believed to be very significant. This paper investigates one aspect of this potential impact, focusing specifically on the use of supply chain inventory as a risk mitigation strategy for a one supplier, one customer system in which goods are transported through a port-of-entry subject to temporary closures. Closure likelihood and duration are modeled using a completely observed, exogenous Markov chain. Order lead times are dependent on the …

The Role Of Human Capital In Scaling Social Entrepreneurship, Dawn Harris, Yasemin Kor

School of Business: Faculty Publications and Other Works

In this article, we discuss the importance of human assets in growing and scaling a social venture in order to achieve its objectives and attain financial sustainability. We focus on the three key dimensions of how a social enterprise’s human assets contribute to the effectiveness of the company’s operations and its missions: 1) human capital acquisition, 2) human capital development, and 3) human capital retention. In discussing and unpacking these three dimensions, we draw from rich insights and real- life examples from two social ventures we studied: Solar Sister of Uganda and E-Health Point of India. These inductively-generated research insights …

Skin Cancer - Education And Prevention: The Role Of Social Marketing, Tim Crowley

Theses

Skin cancer is the most common cancer in Ireland and worldwide. Skin cancer rates have been steadily rising in recent times. The high use of sunbeds in both Ireland and the UK is quite worrisome. Skin cancer is caused by over exposure to UV rays or through the use of sunbeds and as a result it is actually a highly preventable disease. It is estimated that 90-95% of all skin cancers are preventable. This thesis focuses on the use of social marketing in order to educate people on the dangers of skin cancer with the eventual aim of making recommendations …

Individual Human Capital And Performance: An Empirical Study In Thailand, Pakorn Sujchaphong

Business Administration Dissertations - Archive

According to the resource-based view of the firm, human capital is a source of sustained competitive advantage of the firm (McMahan, Virick, & Wright, 1999; Wright & McMahan, 1992; Wright, McMahan, & McWilliams, 1994; Wright & McMahan, 2011). Based on micro-foundations, it is essential that one must begin with and understand the individuals that make up the organization before exploring it at the organizational level (Felin & Foss, 2005; Wright & McMahan, 2011). Hence, this study focuses on the individual level of human capital. The first research question of this study is "How does human capital affect the performance of …

Overvaluation And Stock Price Crashes: The Effects Of Earnings Management, Qunfeng Liao

Accounting Dissertations - Archive

Prior literature has shown that managers have incentives to opportunistically and selectively withhold bad news from investors because of career concerns, compensation contracts, litigation risks, earnings targets, and empire building. In their 2006 paper, Jin and Myers develop the “Bad News Hoarding” theory which suggests that when managers conceal bad news for extended periods of time, negative information is likely to get stockpiled within the firm. When managers’ incentives for hiding bad news collapse or when the accumulation of bad news reaches a critical threshold level, all of the hitherto undisclosed negative firm-specific shocks become public at once, resulting in …

The Role Of Individual Attributes In Earnings Management Intention Decisions, Janet R. Jones

Accounting Dissertations - Archive

Much research has been conducted, at the firm level, to investigate the market effect of earnings management. However, there is a gap in the literature on individual attributes that may help to explain earnings management decisions. Of the research at individual level research that is available the focus is primarily on the motives of the Chief Executive Officer or top executive teams and not the Chief Financial Officer (CFO). The limited research focusing on the CFO has produced conflicting results with regard to the motivations and decisions of the CFO to engage in earnings management, this conflict in findings stems …

Tribe Quarterly: The Making And Marketing Of An Independent Niche Magazine, Marcus Arman

Whittier Scholars Program

This project is a descriptive insight into the process of creating Tribe Quarterly, a magazine focused on different subcultures and "tribes".

Editor's Note: Introducing A Newly Rebranded Journal, Damon P. S. Andrew

Journal of Applied Sport Management

No abstract provided.

Front Matter

Journal of Applied Sport Management

Front Matter for Volume 5 Issue 3.

Front Matter

Journal of Applied Sport Management

Front Matter for Volume 5, Issue 4.

Back Matter

Journal of Applied Sport Management

Back Matter for Volume 5, Issue 4.

Analyst Pessimism And Forecast Timing, Orie E. Barron, Donal Byard, Lihong Liang

Accounting - All Scholarship

In this study, we show that on average relatively pessimistic analysts tend to reveal their earnings forecasts later than other analysts. Further, we find this forecast timing effect explains a substantial proportion of the well-known decrease in consensus analyst forecast optimism over the forecast period prior to earnings announcements, which helps explain why analysts’ longer term earnings forecasts are more optimistically biased than their shorter term forecasts. We extend McNichols and O’Brien’s (1997) and Hayes’ (1998) theory concerning analyst self-selection to argue that analysts with a relatively pessimistic view - compared to other analysts - are more reluctant to issue …

Market Strategy From Microsoft Acquiring Nokia, Weiting Li

A with Honors Projects

Discusses the reason why Microsoft wants to acquire Nokia and the business strategy the company will use to expand its international market.

Determinants Of Financial Distress Evidence From Kse 100 Index, Malik Rizwan Khurshid

Business Review

Financial distress and its determinants are very important for investors as well as financial institutions; no one can deny its significance. This paper assesses the determinants of financial distress of non financial companies of Karachi Stock exchange from 2003 to 2010. Financial distress in companies was calculated from Z score model. Determinants like current ratio, profitability, efficiency, solvency and leverage were identified. Result shows current ratio, profitability, solvency and leverage are negatively correlated while efficiency is positively correlated.

Interest Rate Sensitivity And Stock Returns, Mohsin R. Khan, Zahid Mahmood

Business Review

This paper investigates the sensitivity of interest rate to stock return of financial institutions traded at Karachi Stock Exchange. Two Index Model of Stone and Bernell(1974) have been used to test the proposition of the present study. Three different portfolios of financial institutions have been examined against sensitivity of actual and unanticipated interest rates. Repo rate/Policy rate instead of t-bill rate is used for the proxy of interest rate. The data is collected from twenty nine financial institutions covering the time period from 2004 to 2011. Unit root test, co integration and error correction mechanism have been checked before proceeding …

Exploring A Third-Party E-Waste Recycling System Under The Extended Producer Responsibility Framework In China, Hua Zhong, Shu Z. Schiller

Management Information Systems Faculty Publications

The rapid advance of information technologies has produced a large amount of waste of electronic and electrical equipment (WEEE). WEEE or e- waste, refers to old, end-of-life (EoL) or discarded electronic appliances. The world produces 20 to 50 million metric tons of e-waste annually (Electronics Take-back Coalition 2009), of which China alone contributes 2 million tons. Each year at least 6 million washing machines, 7 million TV sets, 10 million PCs and 70 million mobile phones are discarded and the number increases at the rate of more than 10 per cent each year (Hung 2007), according to the report from …

Social Media Effectiveness, Ya You

Electronic Theses and Dissertations

Over the last decade, the advent of social media such as online product reviews (e.g., Amazon.com),blogs and other social networking sites (e.g., Facebook.com) has dramatically changed the way consumers obtain and exchange information about products. This dissertation investigates the impact of various types of social media on product performance and compares the effectiveness of social and traditional media under various conditions. Specifically, the first chapter performs a meta-analysis of consumer-generated WOM elasticity in social media to identify the factors that influence the impact of WOM on product sales and to assess the generalizability of the relationship. The second chapter examines …

To What Extent Does The European Debt Crisis Affect Both The European And The Global Economies, Amy Yi Huang

Lewis Honors College Capstone Collection

The goal of my research is to analyze the relationship between the 2007-2009 United States financial crisis and the ongoing European Sovereign Debt Crisis and the Debt Crisis’ possible effects on the global economy and to examine the different approaches to reduce the devastating effects of the European Debt Crisis.

First, I am going to analyze the relationship between the bursting of the US Housing Bubble and the European Debt Crisis. According to Robert Kolb (2011), a Finance professor at the University of Chicago, the bursting of the US Housing Bubble in 2007 that resulted in the 2007-2009 economic recession …

Working With The Plateaued Employee, Janet Butler Munch

Publications and Research

As supervisors, middle managers may observe employees who have lost interest in their work, have become demotivated, or seem to be in a rut. This phenomenon can happen to even the most productive employees. Managers can help mitigate negative aspects by supporting their librarians, and helping them to make self-enhancing decisions for their continual professional growth and development.

The Servicescape As An Antecedent To Service Quality And Behavioral Intentions, Daire Hooper, Joseph Coughlan, Michael Mullen

Articles

Purpose: The purpose of this paper is to examine whether the servicescape should be subsumed as a dimension within service quality conceptualizations or whether it is a unique construct in itself which precedes service quality evaluations and behavioral intentions. We both propose and operationalize this model and in doing so make a theoretical contribution by demonstrating how a delineation between these two constructs is necessary in order for theory to progress in this area.

Design/methodology/approach: A total of 355 customers were intercepted as they exited a retail store and surveyed using a structured questionnaire. The data was then analyzed using …

Emotion And Memory In Nostalgia Sport Tourism: Examining The Attraction To Postmodern Ballparks Through An Interdisciplinary Lens, Kiernan O. Gordon

Kinesiology

Nostalgia sport tourism, one of Gibson’s (1998) three forms of sport tourism, appears to have received little scholarly attention in contrast to active sport tourism and event sport tourism (Fairley, 2003; Gibson, 2002, 2003; Ritchie & Adair, 2004). Despite this apparent lack of research relative to the other two domains, insightful and thought-provoking scholarship has emerged within nostalgia sport tourism. Sociology, which is one of sport tourism’s parent disciplines, has influenced much of this scholarship (Gibson, 2004; Harris, 2006). Among other things, this epistemological orientation has yielded the importance of emotion and memory to nostalgically oriented experiences. This paper considers …

Ada News Convention Daily - 2013 Day 3, American Dental Association, Publishing Division

ADA News

The ADA News Daily (also called the ADA News Convention Daily) is a special edition of the ADA News published each day during American Dental Association Annual Sessions.