Business Administration, Management, and Operations Commons^™

Divestment Of Strategic Resources In A Hypercompetitive, Capital Intensive, Knowledge Based Industry, Steven Robert Rivet

Theses and Dissertations

This dissertation creates a model explaining the factors that drive the decision by a semiconductor firm to divest a specific strategic resource. The dissertation is based on a case study of a medium size semiconductor firm that divested a competitively performing manufacturing facility in a low labor cost Asian country, and replaced the services it performed with contracted services. The study draws on competitive advantage, resource based view, transaction cost, divestment, international business, and asset-light model literature. The existing literature either fails to explain (or to explain completely) the reasons driving these type of divestiture decisions (resource based view, transaction …

The Impact Of Eb-5 Ownership On Employee Job Satisfaction And Guest Satisfaction In The Hospitality Industry: A Case Study, Valentina Naumenko

Theses and Dissertations

The hospitality industry of the United States continues to thrive and grow each year with millions of tourists and business visitors. The exceptional quality of guest services that hospitality organizations provide makes the U.S. by far the top world destination for international travelers. In 2015, the number one tourist destination in the United States was Orlando, Florida. Sixty-six million visitors were hosted in this area. Approximately thirty percent of the total Orlando inventory was accounted for in the Lake Buena Vista district, which is located within the Disney World submarket. The firm’s service-profit chain model suggests that satisfied employees increase …

Evaluating The Air Force Inspection System, Luis D. Rosado-Medina

Theses and Dissertations

SAF/IG implemented the Air Force Inspection System (AFIS) in 2013 following a USAFE pilot study into its potential for implementation across the Air Force. Using responsive constructive evaluation and content analysis of interviews as a methodology, AFIS was evaluated against the objectives laid out in AFPAD13-01. 18 interviews were conducted on 4 stakeholder groups across the inspection enterprise, which resulted in 4 overarching themes: Culture Shifts, Self-Assessment, Higher Headquarters Relationships, and PAD Objectives. This research allows SAF/IG to implement changes to future versions of AFIS that incorporates views from the field.

Supply Chain Financial Analysis In Support Of International Development Objectives, Michael J. Hester

Theses and Dissertations

Throughout the 21st century, the Department of Defense has carried the burden in combatting extremist ideologies around the globe, spending an estimated $4.79 trillion fighting wars in Afghanistan, Syria, Iraq, and Pakistan. A recognition of the unsustainable nature of fighting such long-term, costly wars has led U.S. national security policy to shift in recent years towards combatting extremism through economic development and building capacity in less stable communities around the globe. The U.S. Agency for International Development (USAID) is the government agency responsible for achieving this objective, yet USAID acknowledges that many of the supply chains the agency finances are …

Flexibility – Designing For Optionality On Warehouse Modernization Projects, Stephen T. Lane

Theses and Dissertations

The Department of Defense relies upon a vast network logistics facilities and capabilities across the planet. Assets are largely sourced from the Defense Logistics Agency, which is considering a modernization project for their Eastern Distribution Center (EDC). It handles 25% of all materials that DLA supplies, and the facility is antiquated. In order to maximize their investment, flexible options for the modernization should be considered. This research was conducted as a case study of the EDC in order to develop a framework of flexibility for DoD decision makers going forward. This case study gathers subject matter expert knowledge from government …

A Study Of Military Health Care Costs: Direct Versus Purchased Care In A Geographical Region, Lindsey N. Mcevoy

Theses and Dissertations

Health care expenses are one of the largest contributing factors to increased personnel costs, the fastest-rising component of the Department of Defense's budget. This research examines the cost implications of developing a new military treatment facility in a specified geographical region, in an effort to reduce military health care spending. Care received at a military treatment facility is referred to as direct care, while care received in the private sector is referred to as purchased care. This research leverages existing information on direct and purchased medical care to gain insights into the workload costs for medical care in a geographical …

Effectiveness Of “Good” Governance Policies Across Contexts: A Test Of The Universal Vs. Embedded View, Sabrina Ferdous Saleh

Theses and Dissertations

This dissertation aims to examine the effectiveness of “good” governance principles that are commonly benchmarked in shaping the Corporate Governance (CG) policies. Specifically, I examine the firm level internal mechanisms of Monitoring CG and Incentive CG and the country level external mechanisms of legal rules and disclosure provisions. The origin of these CG policies is rooted in the Anglo-Saxon countries, where stand-alone firms are mostly owned by the dispersed shareholders, and Type I agency problem is common between company owners and top managers. For precisely examining the generalizability of “good” CG principles, I have conducted my investigation in an empirical …

Corporate Wellness Programs, Kenneth L. Ragan

Theses and Dissertations

This study addresses Workplace Wellness Programs (WWP) in large and small businesses to assess if and how they are effective, what employers perceived about WWP, and what components from a WWP are perceived as best for achieving desired results. In order to address this, 10 large and small business in the city of Columbus, Georgia were interviewed. The literature suggested that businesses should consider implementing WWPs. After conducting the interviews, local businesses do in fact support workplace wellness as they perceive a WWP may help reduce stress and an unhealthy lifestyle for employees, and in turn, develop a more productive …

Strategies For U.S. Manufacturers To Defend Home Markets From International Competition, Gabrielle Chan

Theses and Dissertations

The existing research on ways U.S. manufacturing firms can improve performance is limited to strategies to grow internally with focus on human resource and financial strategies. Therefore, there is little information regarding how the firms can defend themselves from international competition. With the rise of globalization, firms have to compete on an international level while trying to protect their home market. Large firms have more resources such as wealth and capital to conduct international research and strategize to compete with global competition, but small domestic firms have less resources to dedicate to the protection of their business. This research focuses …

Improving Accounting Education, Frances Ruth Woolfolk

Theses and Dissertations

This thesis examines and explores the potential of active teaching methods inside and outside the classroom. This literature review analyzes studies of accounting programs in different countries including the United States. The previous literature suggest that students perform better through active methods of teaching, rather than the traditional form of teaching in accounting programs. The findings also suggest that active teaching methods better prepare students for field work in accounting versus the traditional teaching methods. This analysis has two implications for accounting education. First, it provides a deeper understanding for the need of experiential learning in accounting degree programs. Second, …

Altering Time: The Effect Of Feedback Frequency On Employee Behavior, Nate Waddoups

Theses and Dissertations

Advances in technology have made it possible for employers to provide performance feedback to employees on a more frequent basis. This study investigates how different feedback frequencies can alter employees’ perceptions of time and subsequently how these altered perceptions influence employee productivity. I predict and find that feedback frequency alters the way employees break up or segment their work time—a process that I refer to as feedback-driven time segmenting. Ultimately I find that this process causes feedback frequency to have opposing effects on employee productivity. Specifically employees who receive more frequent feedback find fewer task efficiencies than employees who receive …

Antecedents To The Selection Of Ceos With Higher Levels Of Narcissism And How Ceos With Higher Levels Of Narcissism Affect The Ceo Succession Process, Ormonde R. Cragun

Theses and Dissertations

This dissertation investigates the antecedents to the selection of CEOs with higher levels of narcissism, as well as their impact on the CEO succession process. The first study predicts how and when boards select CEOs with higher levels of narcissism. I predict when firm performance is low, environmental dynamism is high, and when environmental munificence is high, the board is more likely to select a CEO with higher levels of narcissism. I further predict that environmental conditions (i.e., dynamism and munificence) have a moderating effect on the relationship between firm performance and the level of narcissism of the newly-selected CEO. …

The Impact Of Cmo Tenure On Brand Equity And Cost Of Capital: Insights From Business To Consumer Industries, Tracey A. Swartz

Theses and Dissertations

This paper investigates the relationship between CMO tenure and firm risk as measured by cost of capital. The author develops a conceptual model linking the direct impact of CMO tenure on the firm’s cost of capital and indirect impact through brand equity. The hypotheses are tested using data on 125 public US-based firms between 2004 and 2013. The findings suggest that longer CMO tenure results in higher brand equity. Further, longer CMO tenure reduces cost of capital through its impact on brand equity. The author also finds that the impact of CMO tenure on brand equity is strengthened when the …

Three Essays On Corporate Finance: A Multilevel Inspection Of Target Capital Structure & Convertible Debt Issuance And Market Valuations Of Innovative Ability, Ashleigh Eldemire-Poindexter

Theses and Dissertations

This dissertation presents empirical analysis of the capital structure, security issuance, value creation, and valuation concepts of corporate finance. Two analysis examine connections between firm capital structure and the use of convertible debt securities, which have mixed debt and equity attributes. The third analysis examines the valuation of implicit and explicit signals of firm quality.

Chapter 1, Convertible Debt & Target Leverage Adjustments, examines how does convertible debt affects advances toward target capital structure. Convertibles may improve leverage adjustments by providing capital that is less costly to issue and less expensive to service. However, convertibles can be risky liabilities with …

A Multi-Objective Framework For Information Security Public Policy: The Case Of Health Informatics, Kane Smith

Theses and Dissertations

Detailed holistic patient data is critical for healthcare organizations to better serve their patient populations. This information allows healthcare organizations to create a detailed and holistic record of a patient’s health. However, this large aggregation of personally identifiable patient data raises serious privacy and security concerns amongst patients. For this reason, patient concerns around the privacy and security of information retained by healthcare organizations must be addressed through the development of effective public policy. This research, therefore argues that any decision making process aimed at developing public policy dealing with patient data privacy and security concerns should not only address …

Good Game, Greyory Blake

Theses and Dissertations

This thesis and its corresponding art installation, Lessons from Ziggy, attempts to deconstruct the variables prevalent within several complex systems, analyze their transformations, and propose a methodology for reasserting the soap box within the display pedestal. In this text, there are several key and specific examples of the transformation of various signifiers (i.e. media-bred fear’s transformation into a political tactic of surveillance, contemporary freneticism’s transformation into complacency, and community’s transformation into nationalism as a state weapon). In this essay, all of these concepts are contextualized within the exponential growth of new technologies. That is to say, all of these semiotic …

The Effect Of Organizational Culture On The Retention Of Millennial Employees, Charlene Bolton

Theses and Dissertations

This quantitative research method study of the organizational culture preferred by physician assistant graduate students was designed to explore how organizational culture can affect the retention of Millennial employees. Millennials will make up approximately 50% of the global workforce by 2020, so it is important to understand how organizational culture can influence Millennials’ willingness to stay with an organization. The problem addressed involved the inability of organizations to retain Millennials beyond their 2 years of being hired, which occurs because the values of the organizations do not align with the work values of Millennials.

After extensive literature review on the …

Mitigating Advocacy Bias: The Effect Of The Reviewer Role On Tax Professional Judgment, Mary E. Marshall

Theses and Dissertations

Prior literature finds tax professionals exhibit advocacy bias, a threat to tax professionals’ objectivity, which can expose accounting firms and their clients to penalties for overly aggressive tax reporting decisions. Mitigating this bias has been the topic of several prior studies; however, research thus far has focused on how reviewers identify bias within tax research memorandums (e.g., stylized writing or other obvious cues). In an experiment administered to seventy-five tax professionals, this study isolates the effect of the reviewer role and compares professionals’ evidence evaluation and conclusions by role (i.e., reviewer or preparer). I find professionals who occupy the reviewer …

Investor Reactions To Complex Financial Accounting Disclosures: Experimental Evidence From The Tax Disclosure Of Permanently Reinvested Earnings, Laura N. Feustel

Theses and Dissertations

This paper investigates how increasing the transparency of complex financial accounting disclosures affects investor judgments. The income tax disclosure of permanently reinvested earnings is the context of this investigation as the Financial Accounting Standards Board (FASB) is currently evaluating income tax disclosures and has specifically identified the disclosure of permanently reinvested earnings as an area to be reevaluated. Current standards allow corporations flexibility in their disclosures that can lead investors to be surprised by changes in a corporation’s assertions regarding the reinvestment of foreign earnings. My study suggests that increasing the transparency of complex disclosures through the explicit reporting of …

Hormonal Influence On Female Consumption Of Revealing And Sexy Fashion Products, Ngoc B. Pham

Theses and Dissertations

This doctoral dissertation addresses the biological and psychological components of consumers’ decision-making processes. Particularly, it investigates the impact of female sex hormones on women’s consumption behaviors regarding fashion products. These hormones reach peak level when women are near ovulation, and this research examines how these hormones, when at peak level, influence women’s attitudes and purchase intention towards sexy and revealing fashion products.

The research is based on two theoretical frameworks: ovulatory shift hypothesis (OSH) and theory of reasoned action (TRA). Specifically, the OSH, based on the female ovulatory cycle postulates that women change their sexual preferences for men with perceived …

Two Essays On International Capital Flows And Cross-Listings, Lu Sui

Theses and Dissertations

This dissertation explores two interesting issues: international capital flows and cross-listings. With high volatility of capital flows and imbalance of capital flows between emerging and advanced economies, the topic of capital flow management is always attractive to researchers and policy makers. The first essay explore how capital flows in G20 countries are significantly impacted by pull and push factors. The results show that international capital flows are significantly associated with domestic financial development, which is measured by stock market liquidity and domestic credit. Moreover, international capital flows are affected by some push factors such as, the growth of world economy …

Essays On Financial Decision Making, Corey A. Shank

Theses and Dissertations

Individuals make financial decisions daily, yet the literature on the mechanisms that drive financial decisions is limited. This dissertation looks to examine how physical characteristics, and personality subconsciously influence financial decision making by conducting an experiment. Furthermore, this dissertation examines biased decision making in the betting market by using data from covers.com. First, this dissertation finds that the cognitive impairments associated with having a higher body mass index is positively related to poor financial decision making and being more likely to commit the present bias, and distorting probabilities. Second, this dissertation finds that business students are more apt to fit …

Regression-Discontinuity Analysis Of The Effects Of Government Housing Policies, Alejandro Rojas

Theses and Dissertations

An influential literature has applied regression-discontinuity (RD) analysis to investigate the effects of government housing policies. This literature has failed to identify substantial effects of these policies, but may also suffer from various biases and limitations. This dissertation carefully examines what, if any, issues face RD analysis in this context. Chapter II considers the Affordable Housing Goals (AHGs) and Community Reinvestment Act (CRA), affordable housing policies that compel Fannie Mae and Freddie Mac (F&F) and depository institutions, respectively, to increase access to mortgage credit for borrowers perceived by some as “underserved” by the mortgage market. Chapter III considers the overall …

Essays On Corporate Governance, Wonseok Choi

Theses and Dissertations

Corporate governance is one major research topic in financial economics. Studies in this area explore how much severe agency problems firms have and how to mitigate such agency problems to benefit the firms and their investors. In this dissertation, I investigate whether outside directors’ dissention has a monitoring role. The first essay tests whether outside directors’ dissention increases firm value through outside directors’ monitoring role. The second essay examines outside directors’ dissention on earnings management. I found supportive evidences that outside directors’ dissention can increase firm value and reduce earnings management. Also, only aggressive dissentions can lead higher firm value …

To Grow Or Not To Grow: Socio-Cognitive Determinants Of Small And Medium Firm Growth And Threshold Mentality, David A. Alvarado

Theses and Dissertations

Small business owners (entrepreneurs) are heterogeneous in their motivations and goals, with some seeking to expand firm scope, size, and purpose, and others seeking stability. The small and medium firm growth literature indicates that growth intention varies, but why does it vary so much, and so often? Why do some firms have a threshold mentality, represented by a stability intention, while others have a growth intention? To explore these questions, this dissertation empirically examines the socio-cognitive determinants of small and medium firm growth intentions. Participants included owner/managers of independent Small and Medium-sized Enterprises (SMEs) decision-making authority for their firms. 159 …

Essays On The Unintended Consequences Of Banking Regulation, John Patrick Ned

Theses and Dissertations

Ned, John Patrick, Essays on the Unintended Consequences of Banking Regulation. Doctor of Philosophy (Ph.D.), August 18, 2017, 77 pp., 11 tables, references, 34 titles. The introduction of new financial regulatory reforms are designed to usually provide a positive impact for the firms in the banking system. However, there are some unintended consequences to the firms in the banking industry after the introduction of new banking regulations. In the two essays, I examine the impact of introducing new banking regulation on the different firms in the financial services industry and the impact of the new banking regulation on the commercial …

Essays On Non-Traditional Activities In The Banking Industry, Lijuan Sun

Theses and Dissertations

Starting in the 1980s, financial innovations and technology improvements led to important changes in corporate financing, primarily a significant decrease in the share of bank loans and an increased share of bonds and stocks. This change challenged the traditional banking business. The Gramm–Leach–Bliley (GLB) Act of 1999 allowed banks to engage more freely in non-traditional activities such as investment banking, venture capital, security brokerage, insurance underwriting, and asset securitization. Further, GLB encouraged changes in banks' business models and income mix that were already underway. Chapter I shows an introduction of non-traditional activities. Chapter II examines the relationship between non-traditional activities, …

Essays On Stock Market Contagion: Evidence From The Americas, Juan Andres Rodriguez-Nieto

Theses and Dissertations

In this dissertation we examine the financial contagion from the U.S. to the Americas during the U.S. financial crisis.

First, we examine the relationship between the U.S. perceived market volatility (VIX), perceived credit risk (TED spread), and the U.S. financial crisis, on the stock returns of these countries. Our findings suggest that VIX has negatively effects on the stock returns of all these countries and that this relationship increases significantly during the U.S. financial crisis. We also identify that increases in the TED spread, have negative effects on the stock market returns of Canada and Latin America, and this increases …

Three Essays On Likability Factors, Crowdfunding, And Entrepreneurial Performance, Yuanqing Li

Theses and Dissertations

In this dissertation, I conduct three empirical studies exploring the relation between likability factors, crowdfunding characteristics and entrepreneurial performance. Together these studies integrate aspects of major entrepreneurial likability factors including liking of the entrepreneur (source attractiveness, credibility, personal traits) and liking of the message (verbal content and expression), and components of nonverbal and verbal cues. I apply computer-mediated communication (CMC) and persuasion theories, political and marketing literature to provide a more fine-grained understanding of likability on crowdfunding success. In the first essay, I study how the non-verbal cues of a crowdfunding video influence the crowdfunding success. By employing social presence …

Value Cocreation As A Double-Edged Sword In Customers' Quality Of Life And Service Outcomes, Arash Hosseinzadeh

Theses and Dissertations

Both Service Dominant (SD) logic and transformative service research have received attention from marketing managers and scholars as a result of the expansion of the service sector. However, the SD logic perspective on "the growth of human wellbeing needs more explanation and attention" (Vargo & Lusch, 2016, p. 20). Healthcare is particularly relevant to both streams of research and enables customers to contribute to their wellbeing through cocreation of value. The marketing literature indicates customer value cocreation (CVCC) in healthcare activities enhances service perceptions and quality of life (QoL). However, the healthcare literature demonstrates that cocreation may damage patients' psychological …