Michael A Erskine, Dawn G Gregg, Jahangir Karimi, and Judy E Scott Axioms, Vol. 3 Issue 1, December 2013, pp.10-30
Organizations that leverage their increasing volume of geospatial data have the potential to enhance their strategic and organizational decisions. However, literature describing the best techniques to make decisions using geospatial data and the best approaches to take advantage of geospatial data’s unique visualization capabilities is limited. This paper reviews the use of geospatial visualization and its effects on decision performance, which is one of the many components of decision-making when using using geospatial data. Additionally, this paper proposes a comprehensive model allowing researchers to better understand decision-making using geospatial data and provides a robust foundation for future research. Finally, this paper makes an argument for further research of information-presentation, task-characteristics, user-characteristics and their effects on decision-performance when utilizing geospatial data.
Gary J. Colbert and Dennis F. Murray Accounting and the Public Interest, Volume 13, Issue 1, pp. 85-104
All states in the U.S. regulate the practice of public accounting. An important part of the regulatory apparatus is the state accountancy board (SAB). SABs implement the laws that govern public accounting. State societies of CPAs (SSCPAs), in contrast, are advocacy mechanisms that can potentially be used by members of the profession to achieve their regulatory objectives. Economic theory raises the possibility that regulatory bodies such as SABs might be captured by the profession that they regulate. We examine the composition of SABs and find that the majority of members are CPAs. A survey of CPA SAB members reveals that nearly one-third of the respondents are past leaders of their SSCPAs. We further find that the percentage of board members who are CPAs and the percentage of our respondents who are past leaders of their SSCPAs are positively associated with the rapidity with which states adopt two important accountancy laws (interstate mobility and the 150-hour education requirement) that can be viewed as being in the best interest of the profession. These findings support the hypothesis of regulatory capture and suggest that states may benefit from reconsidering the qualifications of SAB members.
Paul P Tallon, Ronald V Ramirez, James E Short Journal of Management Information Systems,Vol. 30, Issue 3, Pages: 141-178.
In recent years, chief information officers have begun to report exponential increases in the amounts of raw data captured and retained across the organization. Managing extreme amounts of data can be complex and challenging at a time when information is increasingly viewed as a strategic resource. Since the dominant focus of the information technology (IT) governance literature has been on how firms govern physical IT artifacts (hardware, software, networks), the goal of this study is to extend the theory of IT governance by … [Full Text]
David Forlani Psychology & Marketing, Vol, Issue 12, pages 1088–1107, December 2013
To explore inconsistent findings in the perceived self-efficacy and entrepreneurship literatures as they relate to the type of complex, risky decisions (i.e., those that commit financial resources to generate new revenue) made by marketing managers, entrepreneurs, and corporate intrapreneurs, this paper uses a series of four theoretically driven, empirical studies to investigate gender differences in risk-taking self-efficacies (i.e., one’s perceived abilities to make financially risky, business development decisions). The results indicate the following: (1) no gender differences in risk-taking self-efficacies absent a task; (2) after performing a complex, risk-laden task, the risk-taking self-efficacies of subjects receiving negatively valenced outcome information and women were less than those of subjects receiving positively valenced outcome information and men; (3) this effect remains for women when experience in the task domain is high and when diagnostic information about prior outcomes is provided; (4) the reason for the effect appears to be that men and women use information about their prior decision’s outcomes differently when assessing their risk-taking self-efficacies; and (5) the effect disappears when social cues intended to facilitate accurate performance comparisons are introduced into the task environment. These findings support existing theories, identify areas needing development, and show how these effects can limit participation in both complex, risk-laden tasks and careers that are thought to involve performing such tasks.
Jian Yang and Yinggang Zhou Management Science, (2013) Vol 59, Issue 10, pp. 2343-2359
Using credit default swap data, we propose a novel empirical framework to identify the structure of credit risk networks across international major financial institutions around the recent global credit crisis. Specifically, we identify three groups of players, including prime senders, exchange centers, and prime receivers of credit risk information. Leverage ratios and, particularly, the short-term debt ratio appear to be significant determinants of the roles of financial institutions in credit risk transfer, while corporate governance indexes, size, liquidity, and asset write-downs are not significant. Our findings carry important implications for a new regulatory standard on capital subcharge and liquidity coverage ratio.
Yufeng Han, Ke Yang and Guofu Zhou Journal of Financial and Quantitative Analysis, Volume 48 Issue 05, October 2013, pp 1433-1461.
In this paper, we document that an application of a moving average timing strategy of technical analysis to portfolios sorted by volatility generates investment timing portfolios that substantially outperform the buy-and-hold strategy. For high-volatility portfolios, the abnormal returns, relative to the capital asset pricing model (CAPM) and the Fama-French 3-factor models, are of great economic significance, and are greater than those from the well-known momentum strategy. Moreover, they cannot be explained by market timing ability, investor sentiment, default, and liquidity risks. Similar results also hold if the portfolios are sorted based on other proxies of information uncertainty.
John W Byrd, Ken Bettenhausen, Elizabeth S Cooperman International Review of Accounting, Banking, and Finance, Volume 5 Issue 3/4, Fall/Winter 2013, pp. 87-104.
Corporate sustainability activities are often ad hoc; that is, the extent to which a company moves toward being more sustainable is based on organizational feasibility or economic acceptance rather than true sustainability criteria. This paper examines corporate climate and carbon policy through the lens of context-based sustainability (CBS). CBS argues that true sustainable efforts must consider the ecological capacity of the environment and the fair allocation of this capacity. Only by doing so will the result be an outcome of a livable and sustainable world. The paper combines aspects of physical science (atmospheric CO2 carrying capacity) and philosophy (inter-generational equity and resource allocation) with corporate policy. When applied to climate change this implies examining corporate efforts relative to climate stabilization paths and further examining what a fair allocation of future emissions would be. We look at the documented carbon reductions for a sample of large US corporations including EPA Climate Leadership Award Winners in 2012 and a larger sample of companies from the same industries and compare their carbon reductions to several allocations of the global carbon budget required to limit climate change to just 1°C or 2°C. We find that the emissions path of these US corporations only satisfies the most generous, business-as-usual allocation of carbon emissions.
Lawrence F Cunningham, Clifford E Young, Zuohao Hu International Journal of Information Systems in the Service Sector (IJISSS), Vol 5 Issue 1, 2013, 17-32
This paper examines how customers view a set of hybrid services (eleven generic and self-service technologies) in the US and China. The data are collected using questionnaires on location in the US and China and are analyzed using multidimensional scaling. The study indicates that two dimensions, customization/standardization and high/low contact, explain over 80% of the variance in the classifications. Although there are differences when comparing the results of the US and China samples, the results are very …
We conducted a meta-analysis to determine whether the within-person self-efficacy/performance relationship is positive, negative, or null and to compare the strength of the self-efficacy/performance and past performance/self-efficacy within-person relationships. The self-efficacy/performance within-person corrected correlation was .23 but was weak and nonsignificant (ρ = .06) when controlling for the linear trajectory, revealing that the main effect was spurious. The past performance/self-efficacy within-person corrected correlation was .40 and remained positive and significant (ρ = .30) when controlling for the linear trajectory. The moderator results revealed that at the within-person level of analysis: (a) self-efficacy had at best a moderate, positive effect on performance and a null effect under other moderating conditions (ρ ranged from –.02 to .33); (b) the main effect of past performance on self-efficacy was stronger than the effect of self-efficacy on performance, even in the moderating conditions that produced the strongest self-efficacy/performance relationship; (c) the effect of past performance on self-efficacy ranged from moderate to strong across moderating conditions and was statistically significant across performance tasks, contextual factors, and methodological moderators (ρ ranged from .18 to .52). Overall, this suggests that self-efficacy is primarily a product of past performance rather than the driving force affecting future performance.
Saldanha, Terence J.V.; Melville, Nigel P. Ramirez, Ronald; Richardson, Vernon J. Journal of Operations Management. Sept. 2013, Vol. 31 Issue 6, p313-329.
Research at the nexus of operations management and information systems suggests that manufacturing plants may benefit from the utilization of information systems for collaborating and transacting with suppliers and customers. The objective of this study is to examine the extent to which value generated by information systems for collaborating versus transacting is contingent upon demand volatility. We analyze a unique dataset assembled from non-public U.S. Census Bureau data of manufacturing plants. Our findings suggest that when faced with volatile demand, plants employing information systems for collaborating with suppliers and customers experience positive and significant benefits to performance, in terms of both labor productivity and inventory turnover. In contrast, results suggest that plants employing information systems for transacting in volatile environments do not experience such benefits. Further exploratory analysis suggests that in the context of demand volatility, these two distinct dimensions of IT-based integration have differing performance implications at different stages of the production process in terms of raw-materials inventory and finished-goods inventory, but not in terms of work-in-process inventory. Taken together, our study contributes to theoretical and managerial understanding of the contingent value of information systems in volatile demand conditions in the supply chain context.
We examine whether cobrandingthe practice of using two established brand names on the same productincreases the market value of parent firms. Using data from the consumer packaged goods industry, we document that the average stock market reaction to the announcement of cobranded new products is approximately+ 1.0%. We hypothesize that this reaction is significantly higher than it would have been if these same products were single branded, and we find evidence consistent with this hypothesis. We also examine … [Full Text]
Gary A. Kochenberger, Jin-Kao Hao, Zhipeng Lü, Haibo Wang and Fred Glover Journal of Heuristics, Volume 19, Issue 4, August 2013, pp 565-571
In recent years many algorithms have been proposed in the literature for solving the Max-Cut problem. In this paper we report on the application of a new Tabu Search algorithm to large scale Max-cut test problems. Our method provides best known solutions for many well-known test problems of size up to 10,000 variables, although it is designed for the general unconstrained quadratic binary program (UBQP), and is not specialized in any way for the Max-Cut problem.
David Chandler, Pamela R Haunschild, Mooweon Rhee, Christine M Beckman Strategic Organization, Vol 11, Issue 3, August 2013, pp. 217-244
In this article, we explore the differential effects of a firm’s reputation and status on its interorganizational network. We hypothesize that due to its stable, unitary, and relational characteristics, status has a stronger influence on partner selection than reputation, which is less stable, multidimensional, and based more on perceptions of product quality and financial performance. Results from our analyses of the director networks of the 300 largest US firms from 1985 to 1993 confirm that across multiple measures of network characteristics, it is status that is the stronger predictor. In particular, high-status firms have networks that are higher in partner quality but are less diverse and contain fewer opportunities to bridge structural holes than the networks of high-reputation firms. These results contribute to our understanding of the different effects of reputation and status on firm behavior by emphasizing the importance of studying both together in order to understand the effects of either. They also contribute to work on interorganizational networks by demonstrating how structure emerges primarily as a function of focal firm status.
Sy, Thomas; Choi, Jin Nam; Johnson, Stefanie K Leadership Quarterly. Aug 2013, Vol. 24 Issue 4, p. 463-476
Departing from the static perspective of leader charisma that prevails in the literature, we propose a dynamic perspective of charismatic leadership in which group perceptions of leader charisma influence and are influenced by group mood. Based on a longitudinal experimental study conducted for 3weeks involving 116 intact, self-managing student groups, we found that T1 group perceptions of leader charisma mediate the effect of leader trait expressivity on T2 positive and negative group moods. T2 positive and negative group moods influence T3 distal charisma perceptions by affecting T2 proximal perceptions of leader effectiveness. The current findings offer critical insights into (a) the reciprocal relationship between group perceptions of leader charisma and group mood, (b) the dynamic and transient nature of group perceptions of leader charisma, (c) the importance of understanding negative mood in charismatic leadership, and (d) the mechanism through which charismatic leadership perceptions can be formed and sustained over time.
J.P. Hasley and D. Gregg Journal of Technology Research, (2013) Vol. 5. 53 pages
Hundreds of studies have attempted to define, measure, or otherwise explain how website visitors think, feel, and behave during and after visits to transaction-oriented business-to-consumer retail websites. This article reviews the predominant endpoints described in the peer-reviewed literature over the past decade for user-website interactions with e-tail websites. Results suggest that although scores of user-website interaction outcomes have been reported in the peer-reviewed literature, most of those endpoints represent one of ten high-level user-website interaction outcomes (confirmation/disconfirmation, trust, perceived risk, engagement, purchase intentions, actual purchase behavior, satisfaction, repeat website visit intention or behavior, repeat purchase intention or behavior) either directly or indirectly. This article provides a new information technology systems-based taxonomy for relevant outcomes to define website outcomes, identifies their common characteristics, and summarizes the relationships so far reported in the peer-reviewed literature.
Gary Kochenberger, Fred Glover Journal of Heuristics,Vol. 19, Issue 4, Pages: 525-528.
The Unconstrained Binary Quadratic Programming (UBQP) problem is notable for encompassing a remarkable range of applications in combinatorial optimization. As observed in Kochenberger et al.(2013), classes of problems that can be formally expressed using UBQP formulations include: Quadratic Assignment Problems, Capital Budgeting Problems, Multiple Knapsack Problems, Task Allocation Problems (distributed computer systems), Maximum Diversity Problems, P-Median Problems, Asymmetric Assignment … [Full Text]
V. Kanti Prasad , G. M. Naidu , B. Kinnera Murthy , Doan E. Winkel and Kyle Ehrhardt Journal of Small Business and Enterprise Development,Vol. 26, Issue 4, Pages 341-364
Current understanding of women entrepreneurs, and in particular those within emerging economies, remains limited. This is despite the fact that the prevalence of women entrepreneurs across emerging economies has grown. Consequently, using India as a research context, the purpose of this study was to identify specific human and social capital factors that may contribute to venture growth for women entrepreneurs in emerging economies. Results suggest that both human and social capital factors play a role in determining business growth for Indian women entrepreneurs. Specifically, human capital factors related to industry experience as well as prior entrepreneurial experience were significant contributors, as were social capital factors related to the size of individuals’ business networks and the support received from family members. However, education, parental business ownership, and network composition characteristics relative to kinship ties were not significant predictors of venture growth in an Indian context. [Full Text]
Francisco Conejo INCAE Business Review, Volume 2 Issue 7, p2-8.
Brands have evolved into complex symbols which are difficult to manage. Personify the brand reconciles brand’s abstract meanings with practitioner’s pragmatism. That is, conceptualizing brands as if they were people, attributing human qualities to them. This approach not only allows the development of more competitive brands.
Hui Guo, Zijun Wang, Jian Yang Journal of Money, Credit and Banking, Vol. 45, Issue 4, pp. 623-650
We uncover a strong comovement of the stock market risk–return trade-off with the consumption–wealth ratio (CAY). The finding reflects time-varying investment opportunities rather than countercyclical aggregate relative risk aversion. Specifically, the partial risk–return trade-off is positive and constant when we control for CAY as a proxy for investment opportunities. Moreover, conditional market variance scaled by CAY is negatively priced in the cross-section of stock returns. Our results are consistent with a limited stock market participation model, in which shareholders require an illiquidity premium that increases with CAY, in addition to the risk premium that is proportional to conditional market variance.