Interview No. 1491, 2010 University of Texas at El Paso
Interview No. 1491, Mike Garcia
Paso del Norte Entrepreneurship Oral History Project
Mike was brought to El Paso by his godmother to attend school at Lydia Patterson Institute in El Paso, Texas when he was 11 years old. Mike had his first job working at a bowling alley in El Paso at the age of 12. At the age of 15 years old, he got married. Mike cared for and loved his mother Benita very much. He recalls that she taught him to better his life, to better his family, to do the proper thing, to be honest with himself, and to have self-respect. Mike has used these concepts to build his ...
Founding Family Leadership And Industry Profitability, 2010 Bond University
Founding Family Leadership And Industry Profitability, Trond Randoy, Clay Dibrell, Justin Craig
Justin B. Craig
In this article, we argue that firms in high-margin industries can benefit from founding family influence. Specifically, in more profitable markets, the influence of the founding family provides an additional corporate governance-monitoring function. The sample consists of 294 firm-year observations from 98 publicly traded companies headquartered in Sweden, representing approximately half of all nonfinancial traded firms. Our support that the effect of family leadership in publicly held firms should be assessed in relation to the intensity of industry competition.
Factors Critical In Overcoming The Liability Of Newness: Highlighting The Role Of Family, 2010 Bond University
Factors Critical In Overcoming The Liability Of Newness: Highlighting The Role Of Family, Clay Dibrell, Justin Craig, Ken Moores, Aaron Johnson, Peter David
Justin B. Craig
With a focus on the role of family, we explore factors critical in enabling start-up ventures to attain legitimacy and overcome the liability of newness. Drawing from multiple interviews with leaders of seven start-up ventures, we investigate the function of a variety of factors [e.g., family, distributors, financial supporters, etc.] deemed critical in attaining venture legitimacy. To validate our findings, we conducted additional interviews with three established family ventures. Our discussion highlights the role of family as a legitimizing strategy and provides an increased awareness of how internal and external resources are leveraged by the start-up to gain legitimacy.
Natural Environment, Market Orientation, And Firm Innovativeness: A Life Cycle Perspective, 2010 University of Mississippi
Natural Environment, Market Orientation, And Firm Innovativeness: A Life Cycle Perspective, Clay Dibrell, Justin Craig, Eric Hansen
Justin B. Craig
We investigate the moderating effects of the natural environment on the market orientation to firm innovativeness relationship in growth versus mature firms. 237 owners or chief executive officer respondents allowed us to establish evidence of (1) positive linkage between market orientation and firm innovativeness and (2) natural environmental policy moderates the market orientation to firm innovativeness relationship in growth ventures and not in their more mature peers. Our findings suggest ventures characterized as being in the growth stage are more likely to employ a more positive policy toward the natural environment to gain a long-term competitive advantage through firm innovativeness.
The Performance Implications Of Temporal Orientation And Information Technology In Organization-Environment Synergy, Clay Dibrell, Peter Davis, Justin Craig
Justin B. Craig
Purpose: This paper aims to provide new evidence regarding the firm performance implications of using temporal orientation (time pacing) and information technology (IT) to align an organization with its task environment.
Design/methodology/approach: Using questionnaire data provided by top management team members, the results indicate that time-based strategies (i.e. time pacing) and IT mediate the effects of environmental disruptions on performance. To validate the scales and to test the hypothesized model of relationships, the study employs structural equation modeling through LISREL 8.52, as it is able to examine both the measurement and structural model simultaneously while including ...
The Road More Travelled: Multi-Destination Itineraries Of International Visitors To Australia, 2010 Southern Cross University
The Road More Travelled: Multi-Destination Itineraries Of International Visitors To Australia, Carmen Tideswell
No abstract provided.
Gold Coast Tourism Market Analysis, 2010 Griffith University
Gold Coast Tourism Market Analysis, Bill Faulkner, Carmen Tideswell
No abstract provided.
Understanding Attitudes Towards Leisure Travel And The Constraints Faced By Senior Koreans, 2010 Griffith University
Understanding Attitudes Towards Leisure Travel And The Constraints Faced By Senior Koreans, Sun Hee Lee, Carmen Tideswell
The senior segment of the Korean population is rapidly becoming an attractive target market for leisure destinations due to its increasing rate of growth and the level of income available. While this is a potentially attractive segment for the tourism industry, the impact of traditional Confucian philosophy represents a constraint which may deter senior Koreans from travelling for leisure purposes. Through a self-completion survey of 200 Korean residents over the age of 60 years, conducted in 2002, this paper explores the attitudes of this market towards leisure travel. The constraints which may restrict the travel propensity of senior Koreans and ...
Business Sustainability And Undergraduate Management Education In Australia, 2010 Bond University
Business Sustainability And Undergraduate Management Education In Australia, Josie Fisher, Ingrid Bonn
There is a large and rapidly expanding academic literature arguing that there is an urgent requirement for businesses to become more sustainable. There is also a demonstrated need for managers to develop a better understanding of sustainability and the appropriate strategies required to improve business sustainability. In addition, there are international calls for educators to address sustainability in their programs. The aim of this study was to investigate the extent to which business sustainability is being incorporated into undergraduate business and management courses in Australian universities. The high percentage of international students enrolled in these courses suggests our findings have ...
Management Structure And The Performance Of Funds Of Mutual Funds, 2010 Bond University
Management Structure And The Performance Of Funds Of Mutual Funds, William Bertin, Laurie Prather
A rapidly growing mutual fund category is funds of funds (FOFs) which invest in other mutual funds instead of individual securities. This study reports on FOFs' characteristics and performance relative to traditional equity mutual funds and finds that FOFs compare favorably. FOFs with identified managers outperform their unidentified counterparts, and FOFs that invest in-family outperform both traditional equity funds and those FOFs investing out-of-family. Finally, replicating FOFs' holdings can be prohibitively expensive since they commonly hold funds with high minimum initial investments, closed funds and/or funds that are restricted to a particular investor type.
What Do Options Have To Do With It?: Inclusion Of Options Market Indicators In Bid-Ask Spread Decomposition, David Michayluk, Laurie Prather, Li-Anne Woo, Henry Yip
This paper develops a cross-market model to extend Huang and Stoll (1997) by utilizing information from trade flows in the options market. Empirical tests reveal a significant increase in the estimated adverse information component, which stays consistent irrespective of the degree of option leverage. Further, intraday variation in stock bid-ask spread components is affected by the stock trade size and the extent of imbalance in information-based option trades. Including the options market information in decomposition of the stock bid-ask spread enhances the quality of its estimation.
Business Failure Prediction Using Survival Analysis, 2010 Bond University
Business Failure Prediction Using Survival Analysis, Kuldeep Kumar, Adrian Gepp
Accurate business failure prediction models would be extremely valuable to many industry sectors, particularly in financial investment and lending. Recently, there has been a significant increase in interest in business failure prediction, from both industry and academia. Statistical business failure prediction models attempt to predict the failure or success of a business. Discriminant and logit analyses have been the most popular approaches, but there are also a large number of alternative techniques available. In this paper, a comparatively new technique known as survival analysis has been used for business failure prediction. Overall, the results suggest that survival analysis techniques provide ...
Ua36i/29 Gary Ransdell - Federal Reserve Board - Monetary Policy Hearing, 2010 Western Kentucky University
Ua36i/29 Gary Ransdell - Federal Reserve Board - Monetary Policy Hearing, St. Louis Federal Reserve Board
Faculty/Staff Personal Papers
Email sent to members of the St. Louis Federal Reserve Board of Ben Bernanke's answers at the House Financial Services Monetary Policy Hearing.
An Examination Of The Information Content Of Funds From Operations (Ffo) Using Polynomial Regression And Response Surface Methodology, Frank Gyamfi-Yeboah
Real Estate Dissertations
I examine the market reaction to the announcement of FFO by REITs using abnormal trading volume as a gauge of investors’ reaction. I also address the question of whether FFO provides more useful information to investors than net income. Lastly, I examine whether the quality of private information among traders prior to the announcement of FFO affects the level of abnormal trading volume.
Using three different specifications, I find that even though the announcement of FFO leads to abnormal trading, there is no association between the level of abnormal trading volume and the size of the surprise contained in the ...
Fdi Technology Spillovers Within And Across Industries: Evidence From China, 2010 Bond University
Fdi Technology Spillovers Within And Across Industries: Evidence From China, Xiaowen Tian, Shuanglin Lin
Using panel data of 11324 firms in China from 1996 to 1999, the study finds that FDI tends to generate positive technology spillovers to domestic firms within the same industry, but adversely affect productivity of domestic firms in other industries. It is also found that both the positive and the adverse effects are more significant at the local than the national level. Evidence from China thus suggests that FDI technology spillovers are in favor of domestic firms within the same industry rather than domestic firms in other industries, and are most likely to affect domestic firms within the same locality ...
Law For Foreign Business And Investment In China, 2010 Bond University
Law For Foreign Business And Investment In China, Vai Lo, Xiaowen Tian
In trying to establish a presence in China, foreign investors have found it imperative to understand the regulatory environment of this potentially huge market. This book provides an up-to-date overview of the legal framework for doing business in China. It covers such topics as state structure; legislative amendments and enactments on direct foreign investment; the court system; the legal profession; business entities; foreign investment enterprises; contracts; intellectual property; labor and employment; consumer protection; taxation; securities; and dispute resolution.Apart from explaining legal principles, the book highlights liberalisation measures that China has undertaken to fulfil its WTO commitments; elucidates complicated legal ...
Mutual Fund Characteristics, Managerial Attributes, And Fund Performance, 2010 Bond University
Mutual Fund Characteristics, Managerial Attributes, And Fund Performance, Laurie Prather, William Bertin, Thomas Henker
This study provides a comprehensive examination of recent mutual fund performance by analyzing a large set of both mutual funds and fund attributes in an effort to link performance to fund-specific characteristics. The results indicate that the hypothesized relationships between performance and the explanatory variables are generally upheld. After taking into consideration general market conditions and fund investment objective, the characteristic variables that relate to fund popularity, growth, cost, and management also explain performance. Finally, after controlling for survivorship and benchmark error as well as fund-specific factors, the results refute the performance persistence phenomenon.
A New Look At Mutual Fund Performance, 2010 Bond University
A New Look At Mutual Fund Performance, Laurie Prather, William Bertin, Thomas Henker
This study goes beyond the scope of the typical analysis of mutual fund performance by considering a broader set of fund-specific factors uniquely categorized in terms of their impact on returns. Also unique to this study is a detailed exposition of the linkages between fund characteristics and performance. Traditional regression techniques explore these relationships in an attempt to predict fund performance, while the sample of funds examined is screened for survivor bias in a non-conventional fashion. The results suggest that our unique categories of fund popularity, agility, and growth, as well as the standard cost and managerial factors are relevant ...
Bid And Ask Spreads In Futures Markets, 2010 University of Massachusetts - Amherst
Bid And Ask Spreads In Futures Markets, Thomas Henker
This dissertation examines a number of empirical issues that arise in the trading of equity index futures and in research conducted using high frequency futures market data. Both essays benefit from a data set unique to futures market research. The dissertation consists of two essays. ^ The Bid and Ask spread of the FTSE-100 futures contract, presents evidence that bid-ask spreads of the FTSE-100 index futures market are wider than microstructure theory would predict because full point price quotes are systematically preferred over half point price quotes by market makers. The findings are even more pronounced for electronic trading in the ...
Occupier Perceptions Of Green Workplace Environment: The Australian Experience, 2010 Bond University
Occupier Perceptions Of Green Workplace Environment: The Australian Experience, Hikari Kato, Linda Too, Ann Rask
Purpose – The purpose of this paper is to shed light on the perceptions by occupiers of green workplace environments. It examines how occupiers (both management and employees) perceive and evaluate the role of green workplace environments, and subsequently assesses the effectiveness of a green workplace environment. Design/methodology/approach – The paper relies on a data set derived from a survey of 128 respondents who have occupied Green Building Council Australia's Green Star-rated offices and buildings for more than 12 months. Findings – The findings suggest that green workplace offers greater psychological benefits (taking pride of the workplace environment) to occupiers ...