International Business Commons^™

Session 2-2-E: The Growth Trends In Macau’S Gambling Industy: A Scenario Analysis, Zhonglu Zeng

International Conference on Gambling & Risk Taking

Macau’s Gambling Industry: A Brief Review

Macau’s gambling industry has experienced tremendous growth in the past 27 years. In 1985, the gambling revenue was only US$0.23 billion; in 2012, the figure reached US$38 billion. The compound annual growth rate is 22%.

Mid-Morning Break And Poster Sessions: Survey Of Internet User’S Intentions About Gambling On A Legal Online Site, Emilie Vezina, Serge Sevigny, Christian Jacques, Isabelle Beaudoin, Isabelle Giroux

International Conference on Gambling & Risk Taking

While many governments are considering the option of legalizing online gambling, mental health professionals and public health advocates worry that it will increase the number of problem gamblers. Results of the survey show that 3% of the sample, composed of 1009 Internet users, intended to gamble real money on the new online legal site, 6% would gamble without money, and 5% would visit the new site without gambling. Nearly 45% of those who intended to visit the legal gambling site were Internet non-gamblers in the last year. Half of online gamblers intended to gamble on the new legal site. Also, …

Mid-Morning Break And Poster Sessions: A Comparative Analysis Of Design And Motivation In Slot Machines And Video Games, Daniel Sahl

International Conference on Gambling & Risk Taking

Introduction

The slot machines of today reflect an impressive design feat: translating cold win/loss probability into an unpredictable, whimsical, and engaging experience. A successful spin offers more than a quick payout, it’s an opportunity to experience hidden secrets within the machine: creative bonus games, rich animation and movie clips, even the chance to play simultaneously with other players on linked machines. Many of these characteristics are similar to design and gameplay elements of video games. Separate research into both slots and video games often reflect similar questions about design, motivation for play and addiction. This poster presents a visual and …

Session 2-1-E: Betting Market Efficiency Implications Of Different Structures: Bookmakers Vs. Exchanges, David Mcdonald, Ming-Chien Sung, Johnnie Johnson Professor, John Peirson

International Conference on Gambling & Risk Taking

Outline

(i) Quick definition of market efficiency

(ii) Theoretical models lead to general predictions…

(iii) ...which lead to specific predictions about betting markets

(iv) Results of testing the predictions using real betting market data

(v) Implications and conclusion

Session 2-1-E: Toward An Understanding Of Price Movements In Betting Markets: Profitable Trading Against The Herd, Johnnie E.V. Johnson, Ming-Chien Sung, David C.J. Mcdonald

International Conference on Gambling & Risk Taking

Efficient Market Hypothesis

Markets for speculative assets always fully incorporate relevant information in prices

Herding

Participants neglect private info, adjust actionsmore representative of previous price movements

Effect

Price volatility in excess of variations in fundament d informationBubbles, crashes and bank runs

Session 2-1-B: Gaming Regulators Africa, Linda E. De Vries

International Conference on Gambling & Risk Taking

Goal 1: Eradicate Extreme Poverty

Goal 2: Achieve universal primary school education

Goal 3: Promote gender equity and empower women

Goal 4: Reduce child mortality

Goal 5: Stimulate entrepreneurship (SMME; development)

Session 2-1-B: A Mandate For Business Leadership: The Case Of Regulated Gambling In South Africa, Linda E. De Vries

International Conference on Gambling & Risk Taking

South African agenda - shaped by developmental agenda

Comply with global movement on environmental issues

Global Economic melt down

Political wide spread change – 1994-2013

Strong philosophical orientation i.e. cost/benefit vs. tangible /intangible costs/benefits consumption model (De Vries- 1991)

Caution on becoming a gambling dependant nation

Purpose to legalise but not aggressive - consumption model (NGB Act 1996 /amended NGB Act 2004)

Private enterprise be allowed within tight regulatory framework

National lottery- good causes - aggressive –state benefit (NLB Act 2001) Normalisation of society with shift in priorities of the democracy

New formulations of Economic black EMPOWERMENT such as BRICS …

Session 2-1-A: Long-Term Client Outcomes The State-Wide Gambling Therapy Service South Australia, Peter W. Harvey, David Smith, Rachel Humeniuk

International Conference on Gambling & Risk Taking

Overview

1. Statewide Gambling Therapy Service, SA

• context
• service model
• routine activity, KPIs and outcomes
• ongoing research programmes

2. examples of some specific study outcomes

3. larger service evaluation outcomes

Session 1-4-B: Gambling And Marijuana Use In The Netherlands: Is Legalization The Best Tool For Dealing With "Naughty Habits?", William N. Thompson, Laura K. Thompson

International Conference on Gambling & Risk Taking

In 1976, the Netherlands embraced two policy initiatives which encompassed similar objectives. The policies sought to control “undesired substances” via the process of legalization. One legalization process involved casino gambling. The policies have sometimes led to desired results (the right road), while at other times they have led to undesirable results (the wrong road). Now in 2013, without an observable crossroad or even fork in the road, The Netherlands is poised to deviate from a right road to travel down a wrong road by placing rather severe restrictions upon the operations of “Coffee Houses” which have been “serving” customers measured …

Session 1-3-E: Hitting The Sweet Spot: Lottery Promotion And Vulnerability, Elisabeth Papineau, Jean-François Biron, Fanny Lemetayer, Amadou Barry

International Conference on Gambling & Risk Taking

Literature about lottery marketing and vulnerability

Lottery advertising in Quebec

Project phases

Results

Conclusion

Session 1-3-F: New Zealand Prospective Research: The Pacific Islands Families Study, Treatment Outcome Study And National Gambling Study, Max Abbott

International Conference on Gambling & Risk Taking

Aims

Determine optimum pathways for children and families during critical developmental periods

Identify risk and resilience factors that influence positive and negative outcomes

Provide Pacific-specific evidence

Make empirically-based strategic recommendations to improve the health and well-being of Pacific children and families and address social disparities

Session 1-2-F: Sports As An Alternative Asset Class: Gambling As An Investment, Brendan Poots

International Conference on Gambling & Risk Taking

Genesis of the idea came in 2007 in NYC when studying at Columbia. The trading of sports utilising strategies and other traditional financial market practices was identified as a burgeoning opportunity.

Towards the end of 2007 a private Fund with owner’s capital was started.

Global Financial Crisis in 2008 – all asset classes lost value. Diversification did not work. The Olympics, the Superbowl, the World Series and all the Grand Slam tennis and golf tournaments went ahead unaffected.

Priomha Capital Sports Hedge Fund Founded in 2010

Global HQ – Melbourne

Trading office – London & Las Vegas (2014)

Priomha Capital …

Session 1-2-E: The Indirect Contribution Of Non-Gaming Amenities To Casino Gaming Performance, Elena Shampaner-Ghiassi, Sarah Tanford

International Conference on Gambling & Risk Taking

Objective

Evaluate the simultaneous impact of all non-gaming amenities on gaming volume

Session 1-2-A: Building, Maintaining And Evaluating A Statewide Treatment Program For Problem Gambling, Timothy W. Fong

International Conference on Gambling & Risk Taking

Shows how to build, maintain and evaluate programs for problem gambling

Program: The 15th International Conference On Gambling & Risk Taking, University Of Nevada, Las Vegas, University Of Nevada, Reno

International Conference on Gambling & Risk Taking

Listing of presentations, events, and sponsors

Essay 1:Imf Lending And The Emerging Markets' Governance Structure. Essay 2: Specialization Constructs Among Business Incubators, Bridgette M. Bain

LSU New Orleans Theses and Dissertations

The purpose of this paper is to observe and analyze whether the value system and political structure of a nation, gauged through its legal configuration, impacts its response to IMF debt and consequently impacts its GDP growth rates. This paper also analyzes whether involvement in the fund through a loan relationship affects the country’s real interest rate, inflation, exchange rate and import and export volume and whether this relationship is causal in that we can explain a nation’s loan relationship with the Fund through observance of the aforementioned variables. In this paper, we observe 34 emerging markets as defined by …

Essential Skills For Leadership Effectiveness In Diverse Workplace Development, Szu-Fang Chuang

Online Journal for Workforce Education and Development

Globalization, technology advances, and diversity have greatly influenced international business and multinational management operations. Global managers cannot consistently apply traditional leadership when dealing with multiple cultural conflicts and managing international employees in the rapidly changed diverse workplace. This study is an initial effort to examine the new looks of leadership in the diverse workplace development and identify essential leadership skills demanded in a global context. Global leaders need to develop cultural awareness, global mindset, interpersonal skill and effective manager-employee relationship in facing the changes and challenges of the global market. Eleven essential leadership skills for the global leaders to promote …

Indigenous Credit Associations In Botswana: An Application Of Elinor Ostrom's Common-Pool Resource Analysis, Christopher A. Yates

Mahurin Honors College Capstone Experience/Thesis Projects

In this paper I attempt to analyze and explain the important of certain indigenous credit agreements in Botswana. Rotating Savings and Credit Associations are agreements made by a group of people who create a communal fund which rotates around the group until each member had had access to the pooled resource. These agreements are informal and most commonly found in the poorer traditional sectors of Botswana’s economy.

Furthermore, I attempt to explain why these agreements can be best understood using Elinor Ostrom’s common-pool resource analysis. This framework explains why these agreements are so successful in creating a source of capital, …

Managerial Competencies And Exemplary Leadership In The Lodging Industry: An Empirical Study, Fadila Maraouch

Graduate Student Dissertations, Theses, Capstones, and Portfolios

In facing the rising demand for improved quality, reduced costs, and constant innovation, the need to continuously upgrade knowledge, skills, and abilities is essential for all leadership roles including those held by executives, managers, and supervisors (Kay & Russette, 2000; Mirabile, 1997; Okeiyi, Finley, & Postel, 1994; Sandwith, 1993; Tas, 1988; Tas, LaBreque, & Clayton, 1996). With management scholars racing to meet this demand, competency modeling has become one of the most frequently used techniques to help organizations profile jobs, select, as well as prepare the right person for the right leadership position (Katz, 1955; Sandwith, 1993).

Under the …

Foreign Direct Investment In Post-War Iraq: An Investor's Introductory Guide To The Legal Framework, Jordan E. Toone

Brigham Young University International Law & Management Review

No abstract provided.

Konformity Kills, Singapore Management University

Perspectives@SMU

Unconventional Thinking. More crucial now than ever before. According to Dr. Eric J. Romero, the fall of the great brands of the last millennium - Nokia, Kodak, Hewlett Packard and General Motors - are examples of how conventional thinking impedes innovation. Nowadays, it is unconventional leadership and thinking that spur competitive advantage. The importance of creativity has been emphasised in nearly all literature and journal articles published this decade, adds the author of “Compete Outside the Box: The Unconventional Way to Beat the Competition”. "The fact is, the lack of it has brought the corporate behemoths …

India - Censorship For A Good Cause?, Judith Schrempf-Stirling

Robins Case Network

Information technology (IT) companies face significant censorship challenges in countries such as China and India. This case deals with the ethical issues associated with government censorship, and specifically whether corporations that comply with such censorship are complicit in violating basic human rights. The context is India, and the case provides a summary of relevant cultural and legal issues in this very turbulent country.

Resource Curse Or Destructive Creation In Transition Turmoil, Quan Hoang Vuong, Nancy K. Napier

International Business Program

This paper explores the “resource curse” problem as a counter-example of creative performance and innovation by examining reliance on capital and physical resources, showing the gap between expectations and ex-post actual performance became clearer under conditions of economic turmoil. The analysis employs the method of logistic regressions with dichotomous response and predictor variables, on a count data sample containing 154 point derived from the transition economy of Vietnam. Performance of analysis has shown significant results. Several findings that have use for economic and business practice follow. First, in a transition period, a typical characteristic of successful firms was their reliance …

From Empire To Independence: The Curious Case Of The Baltic States 1917-1922, Dovile O. Vilkauskaite

Honors Scholar Theses

Many historians have looked at the interim period of the Baltic States between World War I and World War II, and their independence movements. However, there are few substantial works that look at the complex and interrelated histories of how Russian and American foreign policy shaped the Baltic independence movements and subsequently gained international recognition. This paper will try to address how and why the Baltic States were able to gain and maintain their independence by external forces and then gain formal recognition by the United States in 1922. To gain my results, I analyzed some of Lenin’s translated writings …

Let's Establish A Negotiation: The Influence Of Ecuadorean Smes Culture On Their International Negotiations, Nicole Lopez

Honors College Theses

The hackneyed phrase“to be or not to be” seems to apply to everything, and everyone. So deciding whether being a good global manager or not depends entirely on us.However, some of us think that this is an innate characteristic, and if one lacks it, there is nothing we can do about it. Luckily not everyone shares this ideology. According to Percy Barnevick, the CEO of the Swedish firm ABB said, “Global managers have exceptionally open minds. They respect how different countries do things, and they have the imagination to appreciate why they do them that way…Global managers are made, not …

Social Entrepreneurship: The Ideal Business For Humanity And The Economy, Maya D. Horgan

Pomona Senior Theses

This essay argues that social entrepreneurship is the most efficient means to generate lasting social change and permanently reduce poverty. Using the support of scholarly research, interviews with experts in the field, and my own qualitative observations, I conclude that traditional aid models that are economically dependent on outside funding, as well as those that simply provide monetary and product contributions in order to sustain the poor or marginalized communities they serve are inherently structured in a way that prevents them from resolving social ills. Despite the influx of aid organizations over past decades, chronic poverty and other serious social …

Cross-Border Bankruptcy And The Cooperative Solution, Leah Barteld

Brigham Young University International Law & Management Review

No abstract provided.

The Cost Of Culture The Impact Of National Culture On The Pass-Through Of Commodity Shocks, Christine Gerrity

Honors Projects in Finance

This study analyzes the impact of national culture on the pass-through of commodity price shocks to retail goods. In particular, this study explores the commodities of coffee, cotton and steel. Through the use of regression analysis, this study looks to determine the relationship between two key predictive variables: risk tolerance of a country and commodity shocks within a company’s associated commodity market, and their impact on the value of companies within that country. Additional factors are explored at the firm financial level and the firm country level. The purpose of this study is to examine if consumers of one country …

An Examination Of Localization Success Factors Of Chinese Big Four Accounting Firms, Alexa Mcisaac

Honors Projects in Modern Languages

In May 2012, the Chinese government mandated that once the Big Four accounting (KPMG, PwC, Ernst & Young, and Deloitte) joint venture agreements expire, the firms must begin to localize most of the senior management. Although most of the Big Four firms employ many locals, there are more expatriate partners than Chinese counterparts. Because of this, the Big Four firms must quickly find qualified local senior management personnel. Amongst compliance and global regulatory issues, the Big Four firms must develop a strategy for localizing. Through a survey, this study aims to examine how expatriates and local Chinese managers perceive the …

When Europe Hits Home: How Europeanization Triggers The Conflict Of Capitalism In The German System Of Corporate Control, Alexander El Alaoui

Claremont-UC Undergraduate Research Conference on the European Union

No abstract provided.