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    9714 research outputs found

    The Effects Of Violent Events On The Mexican Stock Market

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    We study the impact of violent events on the Mexican stock market, by using an event study approach. Our results show that the Mexican stock market reacts negatively to news of violent events. This news, however, have no spillover effects into other Latin American and emerging markets, nor to the U.S. market, where their occurrence was inconsequential

    Sensitivity Of Socially Responsible Investment Behaviour To Experience And Size Of Funds

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    This paper examines the moderating effect of experience and size of fund towards socially responsible investment (SRI).A survey was conducted to get the responses of fund managers, and data were analysed using a multi-group approach of Structural Equation Modelling (SEM).At intentional level, there was a significant moderating effect on the relationship between attitudes and caring ethical climate towards an intention to SRI among less experienced fund managers. There was a significant moderating effect on the relationship between subjective norms and perceived behavioural control towards an intention to SRI among more experienced fund managers. There was also a significant moderating effect on the relationship between subjective norms and caring ethical climate towards an intention to SRI among small-sized fund managers. At behavioural level, there was a significant moderating effect on the relationship between moral intensity and SRI behaviour among less experienced fund managers. There was also a significant moderating effect on the relationship between moral intensity and caring ethical climate on SRI behaviour among bigger-sized fund managers. This paper conduits the literature gap by expanding the understanding on the moderating impact of experience and size of fund towards SRI, provides insights to policy makers in carrying out appropriate talent development strategies in accumulating the support of fund managers towards SRI-related initiatives in the capital market, and reveals the potential contribution of fund manager talent management in sustainable development through SRI. The paper offers vision on fund manager talent management to forefront the progress of SRI in emerging economies

    Corporate Accelerators In Family Firms – A Conceptual View On Their Design

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    Corporate accelerators (CAs) have become increasingly popular in both research and practice. In the past, analyses of CAs have centered on organizations in general, but those analyses focused on the particularities of CAs rather than the firms’ contexts. With regard to firm-specific contexts, a growing number of family firms in Germany have started CAs in recent years. Family firms are known for their idiosyncrasies due to the family’s involvement, which is argued to affect cooperation between family firms and start-ups. We claim that CAs also differ in the context of family firms. Taking a family firm specific perspective on corporate entrepreneurship, we argue that the design of family firms’ CAs is influenced by these firms’ idiosyncrasies. By connecting this perspective with general CA design dimensions, we conceptually derive family firm specific CA designs and discuss their implications for CAs in general and for CAs in the context of family firms

    Academic Residency: Effective Engagement And Mentorship Of Doctoral Students

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    This paper presents the results of participatory action research survey responses from doctoral students regarding strategic onboarding activities. Twelve first-year doctoral students in an inaugural doctoral program cohort responded to Likert Scale and open-ended questions during the first week of a two-week on-campus residency. Resulting student perspectives highlight the importance of faculty mentorship and cohort engagement during residency to clarify roles and responsibilities, build academic support and collaboration networks, and alleviate anxieties about doctoral program expectations. Specific recommendations for academic residency include providing increased opportunities for one-on-one conversations with faculty and administrators, and cohort socialization activities to identify peer strengths and alliances

    Slack And Crash Risk

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    We examine how a firm’s operational slack is associated with current income and future stock price crash risk. By doing so, we test the validity of a firm’s alternative motivations for holding operational slack. We show that Supply Chain Slack, which is based on excess working capital, is associated with higher current profits and higher future crash risk. This evidence is consistent with the firm hoarding bad news. In contrast, SG&A Slack, which is based on excess selling, general, and administrative expenses, is associated with lower current income and lower future crash risk. This evidence is consistent with the firm insuring against rare and adverse events. Furthermore, a firm’s stock price crash risk is lower when a slack type is more costly, consistent with both motivations. Overall, our findings suggest a stronger profit-crash risk tradeoff when firms hold more operational slack

    The Mystical Correspondence Between The Epoch Of The Hijra And The Biblical Year Of Creation Supported By A Tradition Mentioned By Abu Al-Fadl And Abd Al-Qadir Baduni

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    The connections between astronomy and timekeeping are longstanding. One approach to the teaching of Astronomy is it can serve as a unique platform to illustrate the advancement of science from ancient times along with the strong interrelation between science and religion. Here we chose to describe the influence of astronomical measurements that led to the determination of calendars with emphasis on the Islamic epoch: During the second century the Ethiopian Church placed the world’s year of creation (YOC) at exactly 5500 years before the Incarnation, thus expressing the view that it is related to the first day of the second half of the sixth millennium since their believed to be the YOC. The Ethiopian Church also believed that the astronomical visualization of the sky in the YOC which placed the vernal equinox and the newmoon in the same day, repeated itself in the year 5500. In a previous work we showed that “Astronomical coincidence" is a notion originated from Jews who believed that the YOC, Exodus, and the building of the Temple were mystically connected by similar rare newmoon events relative to the vernal equinox. Here we show that the founders of Islam believed in a similar mystical coincidence, explicitly that the 16th of July, 622 AD,- the epoch of the Islamic calendar-, is exactly the day in which the 6000th lunar year started after the biblical creation based on the number of solar years from creation as determined by Eusebius. We show that our astronomical calculations are in accordance with a tradition mentioned by Abu al-Fadl and Badauni

    Type Of Board And Sustainability Reporting

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    The research examined the relationship between BODT (board of director type) and CSR (corporate sustainability reporting), annual report disclosure and performance by using a sampling of companies listed on the S&P 500 for 2015. The data came from annual reports filed with the U.S. Securities and Exchange Commission and the Global Reporting Initiative. The study considered the relationship between BODT with emphasis on CEO (Chief Executive officer)-only and non-CEO-only boards and corporate sustainability reporting. Past research has found the CEO-only board relates to lower corporate performance and has seen significant use since the advent of the Sarbanes-Oxley Law that required boards that are more independent. The CEO-only board is an elaboration of an independent board or directors, whose only management member of the board is the CEO. The study used CEO-duality, another powerful influencer of boards, as a theoretical proxy for the CEO-only board. Regulators and investors are demanding higher level CSR reporting and information; therefore, the findings are of interest to both companies considering board of director type and regulators and investors. The quantitative categorical research study found a significant relationship between CEO-only boards and higher levels of disclosure and reporting. No significant relationship between CEO-only board and greater ROA was found. A possible reason for the differences in outcomes between the past research regarding independent boards that did not consider the CEO-only member and CSR reporting and the research presented in this study was the role of the lead independent director as a member of the CEO-only board not considered in this study

    The Means To The Desired End: Using The Robust Learning Model (RLM) Approach To Achieve Student Learning Outcomes Regardless Of Mode Of Delivery

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    This research study examined the role of the Robust Learning Model in achieving student-learning outcomes, regardless of the mode of delivery, e.g., online and on-campus courses. Results from this archival data analysis show that students in undergraduate-level courses provided similar and high responses for items that measured learning outcomes, whether they learned in the traditional classroom setting or online courses. The researchers discuss the results of the study, along with the unique pedagogy and proprietary technological system that are the primary drivers in achieving the high ratings on student learning outcomes reported by online and on-ground students

    Procrastination And Its Relationship With Business Students’ Cheating Perceptions

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    The epidemic of college cheating is evolving to include more sophisticated schemes that are more difficult to detect. Business students’ cheating is even more concerning because such behavior in college predicts workplace cheating (Nonis & Swift, 2001). The current study examines procrastination as a personality variable that affects business students’ perceptions of cheating ethics. A survey of 370 undergraduate and graduate business students was conducted. The results showed that low procrastinators were more likely to view cheating actions as more unethical compared to high procrastinators. Low procrastinators also had higher academic performance

    Kissing Frogs: The Challenges Of Becoming A Successful Entrepreneur

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    “Kissing Frogs: The challenges of becoming a successful entrepreneur” explores the difficulties of creating, sustaining and succeeding as a business owner. This research is supplemented with data from a national survey to entrepreneurs (355) through QualtricsTM, a global research organization. The respondents represented 42 states from a diverse group of self-identified entrepreneurs from a variety of industries.To summarize, the paper will analyze the following topics in detail:1) The importance of the mission and vision for the organization2) The motivation for starting the business3) The inspiration for the business idea4) The importance of perseveranc

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