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Poverty Alleviation Begins With A Job, An Ambition, And A Little Bit Of Money, Knowledge@SMU 2010 Singapore Management University

Poverty Alleviation Begins With A Job, An Ambition, And A Little Bit Of Money, Knowledge@Smu

Knowledge@SMU

The same dollar, used by a woman, can have 20 times more impact on a child’s survival than the same dollar used by her male counterpart. Unfortunately, 70 percent of those stuck in the lower economic rungs in Asia, are women. With socio-cultural factors perpetuating gender-based disadvantages in this part of the world, much more has to be done to empower those caught at the bottom of society's 'pyramid'. That is why Chandra Shekhar Ghosh, founder of microfinance institution, Bandhan, has chosen to target his services towards women. According to him, empowering this group by just a little ...


Do Attractive Organisations Fare Better On The Job Market?, Knowledge@SMU 2010 Singapore Management University

Do Attractive Organisations Fare Better On The Job Market?, Knowledge@Smu

Knowledge@SMU

Some employers can come across as more alluring than others. Few job seekers, for instance, would ignore openings at Apple, Google, Nike or Goldman Sachs. And if they do, it may have more to do with their own self-esteem than a lack of wanting to work at some of these 'World's Most Admired Companies' (according to Fortune magazine's yearly list). However, why do some organisations seem more attractive than others, and does it factor into our own career decisions? Also, while it may seem as if attractive organisations will get their pick of the most desirable 'suitors', a ...


Learn Versus Earn: A Case For The Small Business Employers And Those Fresh Graduates Who Join Them, Knowledge@SMU 2010 Singapore Management University

Learn Versus Earn: A Case For The Small Business Employers And Those Fresh Graduates Who Join Them, Knowledge@Smu

Knowledge@SMU

Go to university. Collect scroll. Join a multinational corporation. Prosper. Advance to Go. Collect $200. Newly minted graduates, venturing beyond the comforts of the ivory towers for the very first time, can often hold strong views on what 'the outside world' has to offer, and how that might subsequently colour their future. Join a big international conglomerate and earn bragging rights. Join a 'boutique' outfit (read: sweatshop) and, well, blame the economy. Such sentiments present employers of small-and-medium enterprises (SMEs) with the short end of the stick. One successful SME employee-turned-employer would argue, however, that it is the fresh graduate ...


East Side Story: Lessons From Japan's Business Leaders, Knowledge@SMU 2010 Singapore Management University

East Side Story: Lessons From Japan's Business Leaders, Knowledge@Smu

Knowledge@SMU

Japan's phenomenal post-war transformation into a high-tech nation of vending machines, electric toilets and 24-hour convenience stores, has been the envy of most developed nations. Where, in the past, the country would look towards America, with the import of Western goods, services and business philosophy, Japan has recently taken a turn towards that of self-discovery. In the book, Rediscovering Japanese Business Leadership, author Yozo Hasegawa examines how some of Japan's leading brands, like Nintendo, Uniqlo and Canon, have weathered, quite stealthily, the recent global financial meltdown, and he makes a case for why more Japanese companies are returning ...


Building Beyond Singapore: Local Real Estate Businesses Venture Overseas, Knowledge@SMU 2010 Singapore Management University

Building Beyond Singapore: Local Real Estate Businesses Venture Overseas, Knowledge@Smu

Knowledge@SMU

Despite the recent property and construction boom in Singapore, local players in this field have always kept an eye on overseas markets. Lured by the promise of profits and prestige, many are setting up in cities around the world. However, unlike consumer mom-and-pop shops, the size of the investment typical of property and construction companies demands an ultra careful study of the overseas market. Companies have also got to ask if they have the required skills, talents and resources to churn a good project, said industry experts at a recent SMU forum.


Secrets And Lies: How One Man Charmed His Way Into The Hearts, Minds And Wallets Of New York's Rich And Powerful, Knowledge@SMU 2010 Singapore Management University

Secrets And Lies: How One Man Charmed His Way Into The Hearts, Minds And Wallets Of New York's Rich And Powerful, Knowledge@Smu

Knowledge@SMU

Bernie Madoff’s reputation as the largest ponzi scheme operator will probably outlast the 150-year jail sentence he is now serving. For decades, the man created an aura around himself that spoke to the romantic ambitions of Wall Street's sycophants: unyielding success, exclusivity and power. Moreover, Madoff conjured a mystique so intriguing he had investors practically begging to surrender their money. But not everyone was blinded. Harry Markopolos, a financial consultant turned famous whistleblower, was convinced that the magician hath no magical abilities. For close to ten years, he nudged US regulators to no avail. His journey is detailed ...


Second Time Is A Charm: The Impact Of Correcting Missed Exam Questions On Student Learning, Christiane Schroeter, Steven V. Green, Erin Bess 2010 California Polytechnic State University, San Luis Obispo

Second Time Is A Charm: The Impact Of Correcting Missed Exam Questions On Student Learning, Christiane Schroeter, Steven V. Green, Erin Bess

Agribusiness

This study determined the learning benefit of correcting missed exam questions. The results show that in addition to exams being an assessment tool, they can also be used as a tool for student learning. The availability of this information will provide help considering design, development, and improvement of traditional assessment methods for student learning.


Red-Light Cameras At Intersections: Estimating Preferences Using A Stated Choice Model, Aklesso Egbendewe-Mondzozo, Lindsey M. Higgins, W. Douglass Shaw 2010 Texas A & M University - College Station

Red-Light Cameras At Intersections: Estimating Preferences Using A Stated Choice Model, Aklesso Egbendewe-Mondzozo, Lindsey M. Higgins, W. Douglass Shaw

Agribusiness

Red-light cameras placed at intersections have the potential to increase safety, but they are often viewed as an invasion of privacy. Preferences for these cameras were explored using a stated choice model that presents key attributes of camera placements. Stated choice models involve careful experimental design, akin to experimental control in laboratory settings. A variety of design approaches were used, settling on a composition of the choice sets people face in the survey. To illustrate the approach, an internet survey was used with a convenience sample containing a high percentage of college students. The results show that while not the ...


Future Declines Of The Binational Laurentian Great Lakes Fisheries: The Importance Of Environmental And Cultural Change, John D. Rothlisberge, David M. Lodge, Roger M. Cooke, David C. Finnoff 2010 University of Notre Dame

Future Declines Of The Binational Laurentian Great Lakes Fisheries: The Importance Of Environmental And Cultural Change, John D. Rothlisberge, David M. Lodge, Roger M. Cooke, David C. Finnoff

Economics and Finance Faculty Publications

It is increasingly clear that future long-term environmental challenges (eg climate change) are being driven by economic and cultural choices, as well as by physical and biological mechanisms. We looked at the extent to which these apply to potential future changes in fisheries in the Laurentian Great Lakes. These fisheries rank among the most valuable freshwater fisheries in the world, but have declined markedly in recent decades. To investigate how these fisheries might develop in the future, we elicited projections from experts in fisheries and related fields. Experts provided assessments on variables relating to US and Canadian commercial (pounds landed ...


June 2010, Inland Empire Business Journal 2010 California State University, San Bernardino

June 2010, Inland Empire Business Journal

Inland Empire Business Journal

The Business Doctors The Business Doctors is a strategic alliance of local experts in the areas of business law, public relations, commercial banking, advertising, marketing, medical insurance, payroll services and other services doing business in the Inland Empire. They meet twice a month and mentor one another. A topic of business valuation is discussed in this issue by Ted Collins—a member of The Business Doctors

Close-Up: Combustion Associates, Inc. Awarded “Exporter of the Year,” this company has been recognized for its achievements by the U.S. Small Business Administration and the U.S. Department of Commerce as a full-service ...


Innovation In The Early Church: Strengthening The Thesis, Michael E. Cafferky 2010 Southern Adventist University

Innovation In The Early Church: Strengthening The Thesis, Michael E. Cafferky

Faculty Works

In his response to Oster’s article, Cafferky offers commendations for the points that Oster presents when considering the events described in Acts 10-11. Cafferky also explores what he believes is an implicit assumption in Oster’s article regarding applying organizational theory from the for-profit sector straight across into the nonprofit sector. Oster’s thesis might be strengthened if the literature from the world of organization theory applicable to nonprofits is considered. Finally, Cafferky attempts to strengthen Oster’s thesis by exploring the complexity of the identity and purpose that he believes the first century Jewish Christians carried with them ...


Examining The Relationship Among Service Recovery, Affective Commitment, Calculative Commitment, And Trust For E-Travel Retailers, Khaldoon Nusair 2010 University of Central Florida

Examining The Relationship Among Service Recovery, Affective Commitment, Calculative Commitment, And Trust For E-Travel Retailers, Khaldoon Nusair

Rosen Faculty Scholarship and Creative Works

There is a gap in the literature with respect to studies that examined the importance of service recovery for Generation Y customers in an online travel context. This study examines various dimensions of commitment important to the development and maintenance of enduring relationships with Generation Y. The theoretical foundations for this study are based on social exchange theory, commitment-trust theory, and organizational commitment theory. The results of the study shows that affective commitment and trust are the most important constructs for building longterm relationships following service recovery; on the other hand, calculative commitment had negative impact on trust. The implications ...


Organizational Routines Development And New Venture Performance, David H. Hsu, Alessandro Marino 2010 University of Pennsylvania

Organizational Routines Development And New Venture Performance, David H. Hsu, Alessandro Marino

Management Papers

To better understand how entrepreneurial ventures vary as they evolve, we introduce and develop the concept of an organizational routine in a prototypical state, a protoroutine. Protoroutines allow experienced new ventures (but not inexperienced start-ups) to economize on decision-making and execution time in problem solving by drawing from an inventory of prior solutions to challenges. Protoroutines are not, however, tailored to the challenge at hand. We embed protoroutines into a simulation-based model featuring agents with differing decision-making speeds and abilities of exploring more distant solutions, two parameters influenced by founding team characteristics. Search speed and distance are typically traded off ...


Montana Nonresident Traveler Expenditure Trends: 1999-2009, Kara Grau 2010 The University of Montana-Missoula

Montana Nonresident Traveler Expenditure Trends: 1999-2009, Kara Grau

Institute for Tourism and Recreation Research Publications

This report shows the nonresident traveler expenditure trends for visitors of Montana from 1999-2009. It also displays the total actual expenditures and the total inflation-adjusted expenditures.


Weathering The Storm: Asian Hedge Funds, Melvyn TEO 2010 Singapore Management University

Weathering The Storm: Asian Hedge Funds, Melvyn Teo

Research Collection BNP Paribas Hedge Fund Centre

How has the financial crisis shaped the hedge fund industry in Asia? We survey the style, investment region, and assets under management landscape of Asia-based hedge funds before and after the recent economic downturn. Our findings suggest that during the early part of the crisis in 2007, macro and fixed income funds based in Australia were especially vulnerable. When Asian financial markets succumbed in 2008 and 2009, hedge fund exits ramped up in Singapore and Hong Kong, particularly amongst event driven and Japan-focused funds. Small funds were most susceptible to closure during the liquidity crunch. Conversely, CTAs and Greater China-focused ...


Side-By-Side Management Of Hedge Funds And Mutual Funds, Tom NOHEL, Z. Jay WANG, Lu ZHENG 2010 Loyola University

Side-By-Side Management Of Hedge Funds And Mutual Funds, Tom Nohel, Z. Jay Wang, Lu Zheng

Research Collection BNP Paribas Hedge Fund Centre

We examine situations where the same fund manager simultaneously manages mutual funds and hedge funds. We refer to this as side-by-side management. We document 344 such cases involving 693 mutual funds and 538 hedge funds. Proponents of this practice argue that it is essential to hire and retain star performers. Detractors argue that the temptation for abuse is high and the practice should be banned. Our analysis based on various performance metrics shows that side-by-side mutual fund managers significantly outperform peer funds, consistent with this privilege being granted primarily to star performers. Interestingly, side-by-side hedge fund managers are at best ...


Information-Based Trading And The Bid-Ask Spread, Kee H. Chung, Jing Jiang 2010 SUNY Buffalo

Information-Based Trading And The Bid-Ask Spread, Kee H. Chung, Jing Jiang

WCOB Faculty Publications

We analyze the equilibrium spread when the transaction size of informed traders is elastic in the value of private information (α). We show that the pooling equilibrium is likely to be inefficient when trade size is sensitive to α and the inefficient equilibrium can occur before the market breaks down. The pooling equilibrium spread does not monotonically increase with α, although it increases with the elasticity of informed trades to α. The upper bound of the elasticity of informed trades for the market to remain open for the active specialist is higher than the corresponding value for the passive specialist ...


Enhancing The Entrepreneurial Spirit In Apprenticeship Education To Develop Craft And Micro-Enterprises, Ray English, Katherine Collins 2010 Dublin Institute of Technology

Enhancing The Entrepreneurial Spirit In Apprenticeship Education To Develop Craft And Micro-Enterprises, Ray English, Katherine Collins

Conference Papers

Micro, small and medium–sized enterprises are considered to be the mainstay of the economy of the European Union, since they represent 99% of all EU enterprises. They are socially and economically important in that they provide 65 million jobs and contribute to innovation and entrepreneurship. However, a 2002 Eurobarometer survey found that EU citizens are less inclined to become entrepreneurs, and tend to be more risk adverse. In recognising this, the EU made entrepreneurship one of the main objectives of the Lisbon Agenda in 2000. The European Commission in 2003 drafted the Green Paper on Entrepreneurship in Europe to ...


Positioning And Pricing In A Variety Seeking Market, S Sajeesh, Jagmohan S. Raju 2010 University of Pennsylvania

Positioning And Pricing In A Variety Seeking Market, S Sajeesh, Jagmohan S. Raju

Marketing Papers

We study competitive positioning and pricing strategies in markets where consumers seek variety. Variety seeking behavior is modeled as a decrease in the willingness to pay for the product purchased on the previous purchase occasion. Using a three-stage Hotelling-type model, we show that the presence of variety seeking consumers reduces product differentiation offered in equilibrium, thereby explaining some otherwise counterintuitive findings in empirical research. We find that firms charge higher prices in Period 1 and lower prices in Period 2. The lower price in Period 2 represents the price incentive that firms need to offer to prevent the variety seeking ...


Urban Dynamics In The Las Vegas Valley: Neighborhood Casinos And Sprawl, Pascale Nédélec 2010 Université de Lyon

Urban Dynamics In The Las Vegas Valley: Neighborhood Casinos And Sprawl, Pascale Nédélec

Occasional Papers

Las Vegas is well known for its urban sprawl. While the casino industry has played an obvious role in the development of Las Vegas, no systematic study has evaluated the exact nature of urban growth and the rise of neighborhood casinos. This paper argues that neighborhood casinos, contrary to tourist‐oriented casinos, are not urban forces that drive the growth of an urban area but reinforce the status quo of residential developments. Neighborhood casinos have nevertheless become a major asset in the economic and social building of residential developments and community life.


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