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2006

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Articles 5911 - 5940 of 10739

Full-Text Articles in Social and Behavioral Sciences

Using Accounting Information For Financial Institution Analysis In An Evolving Environment, H. W. Collier, D. A. Harjito, Carl B. Mcgowan Mar 2006

Using Accounting Information For Financial Institution Analysis In An Evolving Environment, H. W. Collier, D. A. Harjito, Carl B. Mcgowan

Faculty of Commerce - Papers (Archive)

Return on equity analysis provides a system for planning as well as analyzing financial institution performance. In the case of Malaysia, Bank Negara Malaysia has successfully implemented a merger program for Malaysian banks in order to compete in the face of financial deregulation brought about by globalization. The purpose of this paper is to provide additional insights into the improvement of a bank’s financial situation, i.e. commercial banks, due to the recent series of bank mergers in Malaysia. This paper presents an application of the model for the financial analysis of a bank based on the DuPont system of financial …

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A Note On Financial Risk, Return And Asset Pricing In Australian Modern And Contemporary Art, A. C. Worthington, H. Higgs Mar 2006

A Note On Financial Risk, Return And Asset Pricing In Australian Modern And Contemporary Art, A. C. Worthington, H. Higgs

Faculty of Commerce - Papers (Archive)

In this note, 30,227 paintings by fifty well-known modern and contemporary Australian artists sold at auction over the period 1973-2003 are used to construct a hedonic price index. The attributes included in the hedonic regression model include the name, age and living status of the artist, the number of works sold, the size and medium of the painting, and the auction house, month and year in which the painting was sold. The results indicate that returns on Australian modern and contemporary art averaged nearly five percent over the period with a standard deviation of sixteen percent. The results also show …

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Financial Analysis Of Financial Institutions In An Evolving Environment, H. W. Collier, Carl B. Mcgowan, J. Muhammad Mar 2006

Financial Analysis Of Financial Institutions In An Evolving Environment, H. W. Collier, Carl B. Mcgowan, J. Muhammad

Faculty of Commerce - Papers (Archive)

This paper presents a model for the financial analysis of a bank based on the DuPont system of financial analysis. The bank return on equity is decomposed into net profit margin, total asset turnover and the equity multiplier. This model is applied to AFFIN Bank Malaysia of which is one of the largest banks in Malaysia for the period from 1999 to 2005. The DuPont system of financial analysis shows the impact of the Asian financial crisis on the financial performance of AFFIN Bank that affected the region in 1997-98. The impact of the financial crisis on AFFIN Bank share …

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The Right Way To Go? Earth Sanctuaries And Market-Based Conservation, J. Sydee, Sharon Beder Mar 2006

The Right Way To Go? Earth Sanctuaries And Market-Based Conservation, J. Sydee, Sharon Beder

Faculty of Arts - Papers (Archive)

Australia's Earth Sanctuaries Limited (ESL) is an internationally acclaimed organisation that uses private property as a way to achieve conservation objectives, thereby demonstrating a commitment to using free market principles to create sustainable futures. This private approach to conservation clearly resonates with the agenda of conservative think tanks and is ideologically motivated. The environmental credentials of this organisation obscure this motivation and also the far-reaching ethical and political consequences of private conservation. By suggesting that all that is required to protect the environment is good management by private owners, ESL deflects attention away from the 'socio-economic crisis' and confines debate …

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Information Outlook, March 2006, Special Libraries Association Mar 2006

Information Outlook, March 2006, Special Libraries Association

Information Outlook, 2006

Volume 10, Issue 3

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Survey Participation, Nonresponse Bias, Measurement Error Bias, And Total Bias, Kristen M. Olson Mar 2006

Survey Participation, Nonresponse Bias, Measurement Error Bias, And Total Bias, Kristen M. Olson

Department of Sociology: Faculty Publications

A common hypothesis about practices to reduce survey nonresponse is that those persons brought into the respondent pool through persuasive efforts may provide data filled with measurement error. Two questions flow from this hypothesis. First, does the mean square error of a statistic increase when sample persons who are less likely to be contacted or cooperate are incorporated into the respondent pool? Second, do nonresponse bias estimates made on the respondents, using survey reports instead of records, provide accurate information about nonresponse bias? Using a unique data set, the Wisconsin Divorce Study, with divorce records as the frame and questions …

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Spartan Daily, March 1, 2006, San Jose State University, School Of Journalism And Mass Communications Mar 2006

Spartan Daily, March 1, 2006, San Jose State University, School Of Journalism And Mass Communications

Spartan Daily (School of Journalism and Mass Communications)

Volume 126, Issue 20

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Underpriced Default Spread Exacerbates Market Crashes, Winston T. H. Koh, Roberto S. S. Mariano, Andrey Pavlov, Sock Yong Phang, Augustine H. H. Tan, Susan M. Wachter Mar 2006

Underpriced Default Spread Exacerbates Market Crashes, Winston T. H. Koh, Roberto S. S. Mariano, Andrey Pavlov, Sock Yong Phang, Augustine H. H. Tan, Susan M. Wachter

Research Collection School Of Economics

In this paper, we develop a specific observable symptom of a banking system that underprices the default spread in non-recourse asset-backed lending. Using three different data sets for 18 countries and property types, we find that, following a negative demand shock, the “underpricing” economies experience far deeper asset market crashes than economies in which the put option is correctly priced. Furthermore, only one of the countries in our sample continues to exhibit the underpricing symptom following a market crash. This indicates that market crashes have a cleansing effect and eliminate underpricing at least for a period of time. This makes …

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Multivariate Stochastic Volatility: A Review, Manabu Asai, Michael Mcaleer, Jun Yu Mar 2006

Multivariate Stochastic Volatility: A Review, Manabu Asai, Michael Mcaleer, Jun Yu

Research Collection School Of Economics

The literature on multivariate stochastic volatility (MSV) models has developed significantly over the last four years. This paper reviews the substantial literature on specification, estimation, and evaluation of MSV models. A wide range of MSV models is presented according to various categories, namely, (i) asymmetric models, (ii) factor models, (iii) time-varying correlation models, and (iv) alternative MSV specifications, including models based on the matrix exponential transformation, the Cholesky decomposition, and the Wishart autoregressive process. Alternative methods of estimation, including quasi-maximum likelihood, simulated maximum likelihood, and Markov chain Monte Carlo methods, are discussed and compared. Various methods of diagnostic checking and …

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The Rise In House Prices In China: Bubbles Or Fundamentals?, Jianying Hu, Liangjun Su, Sainan Jin, Wanjun Jiang Mar 2006

The Rise In House Prices In China: Bubbles Or Fundamentals?, Jianying Hu, Liangjun Su, Sainan Jin, Wanjun Jiang

Research Collection School Of Economics

The dramatic rise of house prices in many cities of China has brought huge attention from both the governmental and academic circles. There is a huge debate on whether the increasing house prices are driven by market fundamentals or just by speculation. Like Levin and Wright (1997a, 1997b), we decompose house prices in China into fundamental and non−fundamental components. We also consider potential nonlinear feedback from the historical growth rate of house prices on the current house prices and propose a semiparametric approach to estimate the speculative components in the model. We demonstrate that the non−fundamental part contributes a relatively …

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Large-Scale Investigation Of The Role Of Trait Activation Theory For Understanding Assessment Center Convergent And Discriminant Validity, Filip Lievens, Christopher S. Chasteen, Eric A. Day, Neil D. Christiansen Mar 2006

Large-Scale Investigation Of The Role Of Trait Activation Theory For Understanding Assessment Center Convergent And Discriminant Validity, Filip Lievens, Christopher S. Chasteen, Eric A. Day, Neil D. Christiansen

Research Collection Lee Kong Chian School Of Business

This study used trait activation theory as a theoretical framework to conduct a large-scale test of the interactionist explanation of the convergent and discriminant validity findings obtained in assessment centers. Trait activation theory specifies the conditions in which cross-situationally consistent and inconsistent candidate performances are likely to occur. Results obtained by aggregating correlations across 30 multitrait-multimethod matrices supported the propositions of trait activation theory, shedding a more positive light on the construct validity puzzle in assessment centers. Overall, convergence among assessment center ratings was better between exercises that provided an opportunity to observe behavior related to the same trait, and …

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Singapore's Transition To Innovation-Based Economic Growth: Infrastructure, Institutions And Government's Role, Winston T. H. Koh Mar 2006

Singapore's Transition To Innovation-Based Economic Growth: Infrastructure, Institutions And Government's Role, Winston T. H. Koh

Research Collection School Of Economics

Technological progress and innovation plays a central role in a country's economic progress. As an economy advances to the global technological frontier and narrows the technological gap, an innovation-based growth strategy that focuses on investments in R&D and technology creation offers the greatest potential for economic growth. In this paper, we discuss the requirements for a successful transition, in terms of changes to the technology infrastructure, economic institutions and the incentives' structure. This paper outlines the efforts made by Singapore to re-make itself as an innovation-based economy, and the challenges faced by the government in transforming the nation's infrastructure and …

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Profiting From Mean-Reverting Yield Curve Trading Strategies, Choong Tze Chua, Winston T. H. Koh, Krishna Ramaswamy Mar 2006

Profiting From Mean-Reverting Yield Curve Trading Strategies, Choong Tze Chua, Winston T. H. Koh, Krishna Ramaswamy

Research Collection School Of Economics

This article studies a set of yield curve trading strategies that are based on the view that the yield curve mean reverts to an unconditional curve. These mean-reverting trading strategies exploit deviations in the level, slope, and curvature of the yield curve from historical norms. Some mean-reverting strategies were found to have significant positive profits. Furthermore, the profitability of one of these strategies significantly outperforms, on a risk-adjusted basis, alternative strategies of an investment bond or equity index.

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Expectations, Animal Spirits, And Evolutionary Dynamics, Angelo Antoci, Massimiliano Landi, Pier Luigi Sacco Mar 2006

Expectations, Animal Spirits, And Evolutionary Dynamics, Angelo Antoci, Massimiliano Landi, Pier Luigi Sacco

Research Collection School Of Economics

We consider a (deterministic) evolutionary model where players have dynamic expectations about the strategy distribution. We provide a global analysis of the co-evolution of play and expectations for a generic two-by-two game. Besides the the typical indeterminacy of the evolutionary dynamics, we find some other ones: for any initial strategy configuration the dynamics can converge to any asymptotically stable fixed point, for different initial values of the expectations. Moreover, starting from the same initial pair of strategy configuration and values of expectations, the dynamics may lead to different asymptotically stable fixed points for different parameters of the expectations.

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Employee Screening: Theory And Evidence, Fali Huang, Peter Cappelli Mar 2006

Employee Screening: Theory And Evidence, Fali Huang, Peter Cappelli

Research Collection School Of Economics

Arguably the fundamental problem faced by employers is how to elicit effort from employees. Most models suggest that employers meet this challenge by monitoring employees carefully to prevent shirking. But there is another option that relies on heterogeneity across employees, and that is to screen job candidates to find workers with a stronger work ethic who require less monitoring. This should be especially useful in work systems where monitoring by supervisors is more difficult, such as teamwork systems. We analyze the relationship between screening and monitoring in the context of a principal-agent model and test the theoretical results using a …

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The Guardian, March 01, 2006, Wright State University Student Body Mar 2006

The Guardian, March 01, 2006, Wright State University Student Body

The Guardian Student Newspaper

Twenty-four page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

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Training Opportunities Available To Ohio Lake Erie Basin Local Decision-Makers Regarding The Economic And Fiscal Benefits Of Coastal And Watershed Stewardship, Wendy A. Kellogg, Erica Matheny Mar 2006

Training Opportunities Available To Ohio Lake Erie Basin Local Decision-Makers Regarding The Economic And Fiscal Benefits Of Coastal And Watershed Stewardship, Wendy A. Kellogg, Erica Matheny

All Maxine Goodman Levin School of Urban Affairs Publications

This paper presents new knowledge about the current status of training on the economic value of stewardship practices in the Ohio Lake Erie basin. Local decision-makers shape coastal and watershed conditions but often do not appreciate the economic, fiscal, and ecological benefits that could be gained from sound stewardship practices. This study investigated the information and training about economic benefits available in the Ohio Lake Erie basin. Training providers and technical assistance professionals helped identify key training needs and challenges to decision-maker awareness of benefits. We found relatively few organizations offering training that incorporate economic or fiscal benefits into their …

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A Case-By-Case Comparison Of The Classification Of Law Enforcement And Vital Statistics Data On Homicide, Marc Riedel, Wendy C. Regoeczi Mar 2006

A Case-By-Case Comparison Of The Classification Of Law Enforcement And Vital Statistics Data On Homicide, Marc Riedel, Wendy C. Regoeczi

Sociology & Criminology Faculty Publications

This study uses data from the California Linked Homicide File as a basis for evaluating the validity and reliability of homicide data. Case-by-case comparisons of variables reported by both agencies indicate that agreement between law enforcement and vital statistics data is highest with classifying homicides and victim gender and race and lowest with classifying victim age, manslaughters, and police justifiable homicides. The findings from a multilevel analysis examining what types of cases are unable to be linked over the two data-collection systems reveal that homicides involving Hispanic victims, weapons other than handguns, and family members other than intimate partners and …

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Strategic Communication In Crisis Governance: Singapore’S Management Of The Sars Crisis, Jin Yan, Augustine Pang, Glen T. Cameron Mar 2006

Strategic Communication In Crisis Governance: Singapore’S Management Of The Sars Crisis, Jin Yan, Augustine Pang, Glen T. Cameron

Research Collection Lee Kong Chian School Of Business

The contingency theory of conflict management and current crisis management literature are integrated in this paper to examine how crisis has been communi-cated and managed by the Singapore government and what kinds of strategies arose during the various stages of the SARS crisis life-cycle. Findings show that the Singapore government played a predominant role in managing how its multiple publics perceived the crisis by extensive communication through the news media. The media, in turn, playing a supporting nation-building role, assisted the government's management and communication of the crisis. To effectively manage the perception and emotion of the various public, the …

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Regulation And Freedom In Global Business Education, Stefano Harney, Cliff Oswick Mar 2006

Regulation And Freedom In Global Business Education, Stefano Harney, Cliff Oswick

Research Collection Lee Kong Chian School Of Business

Purpose: This paper seeks to confront the orthodoxy of global business education with some insights from postcolonial theory in order to develop a new critical pedagogy adequate for a global sociology of management and accounting. Design/methodology/approach: Reviewing the state of play in postcolonial theory and noting the new politicisation in that field, the paper asks what relevance this politicisation might have for an alternative to orthodox global business education. Findings: The paper finds that the texts available to postcolonial theory present a wealth beyond the regulation of colonial and neo‐colonial regimes and in contrast critical management studies do not have …

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Developing An Aggregate Marginal Cost Per Flying Hour Model For The U.S. Air Force's F-15 Fighter Aircraft, Patrick D. Armstrong Mar 2006

Developing An Aggregate Marginal Cost Per Flying Hour Model For The U.S. Air Force's F-15 Fighter Aircraft, Patrick D. Armstrong

Theses and Dissertations

This thesis applies econometric techniques to build a "marginal" cost per flying hour model for the U.S. Air Force's F-15CD and E fleets. It used monthly economic, programmatic, operational, and climatology data from FY01-FY04 to construct Depot Level Reparable (DLR) and Consumable (CONS) models on the aggregate level. It incorporated the use of panel data analysis to explore the effect each of the independent variables had on the CPFH rate by time and by base. This allowed it to capture not only the temporal (time) interactions, but also the spatial (cross-sectional) interactions, providing a more robust analysis of the dynamics …

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Building A Consensus Forecast For Crude Oil Prices, Kenneth W. Burke Mar 2006

Building A Consensus Forecast For Crude Oil Prices, Kenneth W. Burke

Theses and Dissertations

Skyrocketing fuel prices have stressed the Department of Defense's budget in recent years. In 2001 the DoD spent $4.7 Billion on fuel with the Air Force consuming $2.7 Billion. These figures have grown over due to these increases as well as the increased flying ours to support the Global War On Terror. In fact, the Fiscal Year 2007 budget has already been increased by $1.1 billion, or 1% of the total budget, to accommodate the increased price of fuel. Current forecasts of this resource have yielded poor results, impairing the DoD's ability to budget this critical expense. Further because the …

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Quantitative Analysis Of A Turbulent Wind Tunnel With Obstructions For Use In Liquid Flame Spread Experiments, Beau M. Brantley Mar 2006

Quantitative Analysis Of A Turbulent Wind Tunnel With Obstructions For Use In Liquid Flame Spread Experiments, Beau M. Brantley

Theses and Dissertations

The research was done as part of an effort to develop alternative fire suppressant technologies for aircraft engine nacelles. The turbulent shear flow behind a surface mounted fence inside an open circuit wind tunnel was investigated experimentally. The tunnel test section was designed to be 2-D and exhibit flow qualities similar to those found in a typical engine nacelle. A 279 mm wide fuel pan was inserted approximately four fence heights downstream of the fence location. The fuel pan was filled using water to simulate fuel with a depth of 32 mm. Cold flow tests were done on different fence …

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Influence Of Organizational Culture On The Relationship Between Psychological Contracts And Organizational Citizenship Behavior, Jennifer M. Carbajal Mar 2006

Influence Of Organizational Culture On The Relationship Between Psychological Contracts And Organizational Citizenship Behavior, Jennifer M. Carbajal

Theses and Dissertations

The issue of what antecedents of organizational citizenship behavior (OCB) and psychological contracts (PC) employees form with their organization has also been of interest as they have many implications on an employee's extra-role behavior, specifically OCBs. This research investigates the relationship between types of PCs (a) relational and (b) transactional and the propensity to perform (a) altruism and (b) compliance OCB. Furthermore, the influence of organizational culture (OC) dimensions (a) internal orientation and (b) external orientation on this relationship was explored. The results show that transactional PCs were negatively related to both dimensions of OCB. Relational PCs were positively related …

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Environmental Justice And The Role Of Criminology: An Analytical Review Of 33 Years Of Environmental Justice Research, Lisa Anne Zilney, Danielle Mcgurrin, Sammy Zahran Mar 2006

Environmental Justice And The Role Of Criminology: An Analytical Review Of 33 Years Of Environmental Justice Research, Lisa Anne Zilney, Danielle Mcgurrin, Sammy Zahran

Department of Justice Studies Faculty Scholarship and Creative Works

An increasing number of scholars and activists have begun to tackle a variety of issues relevant to environmental justice studies. This study attempts to address the role of criminologists in this domain. The authors examine 425 environmental justice articles in 204 academic journals, representing 18 programs/departments between 1970 and 2003. First, they measure the environmental justice contributions in the literature by academic department or activist affiliation. Second, they identify the major themes in the literature as they have developed and reveal the current and future directions of environmental justice studies. Such themes include the spatial distribution of hazards, social movements, …

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Chaos Theory, Hypertext, And Reading Borges And Moulthrop, Perla Sassón-Henry Mar 2006

Chaos Theory, Hypertext, And Reading Borges And Moulthrop, Perla Sassón-Henry

CLCWeb: Comparative Literature and Culture

In her paper "Chaos Theory, Hypertext, and Reading Borges and Moulthrop," Perla Sassón-Henry presents a multidisciplinary perspective to the study of Jorge Luis Borges's and Stuart Moulthrop's works. Sassón-Henry argues that there exists a tripartite relationship among Borges's texts, Moulthrop's Victory Garden, and chaos theory. The dialogue among these texts via chaos theory, bifurcation theory, and noise is what separates this analysis from former studies. Sassón-Henry concludes that by underscoring the reciprocal interconnectedness among Borges's stories, Victory Garden, scientific theory, and new media technology we also acknowledge the intricate connections among print literature, digital literature, and science, and thus move …

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Patient Insurance Status And Do-Not-Resuscitate Orders: Survival Of The Richest?, Gigi Nordquist Mar 2006

Patient Insurance Status And Do-Not-Resuscitate Orders: Survival Of The Richest?, Gigi Nordquist

The Journal of Sociology & Social Welfare

This study investigated the effect of patient insurance status upon physicians' decisions to write do-not-resuscitate orders (DNRs). Ninety-four physicians completed a questionnaire consisting of demographic data and a case vignette. In addition to the main research question, the study explored the effect of religious affiliation on writing DNRs and performing "slow codes." Results indicate that insurance status has a significant effect upon the likelihood of writing a DNR, with physicians more likely to write DNRs for patients covered by public (i.e., government-funded, as compared to private) insurance. Religious affiliation was also significant, with greater church attendance associated with a lesser …

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The Social And Economic Impact Of Sanctions And Time Limits On Recipients Of Temporary Assistance To Needy Families, Taryn Lindhorst, Ronald J. Mancoske Mar 2006

The Social And Economic Impact Of Sanctions And Time Limits On Recipients Of Temporary Assistance To Needy Families, Taryn Lindhorst, Ronald J. Mancoske

The Journal of Sociology & Social Welfare

A central feature of the reforms enacted through the Personal Responsibility and Work Opportunity Reconciliation Act (welfare reform) has been the adoption of strategies to involuntarily remove Temporary Assistance to Needy Families (TANF) recipients from the welfare rolls, including increased use of sanctions and time limits on welfare receipt. Drawing on data from a three year panel study of women who had been receiving welfare in a state which adopted stringent sanctioning and time limit policies, we investigate predictors of recipients' TANF status after implementation of welfare reform, and identify differences in post-reform material resources, hardships and quality of life …

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Welfare To Web To Work: Internet Job Searching Among Former Welfare Clients In Florida, Steve Mcdonald, Robert E. Crew Jr. Mar 2006

Welfare To Web To Work: Internet Job Searching Among Former Welfare Clients In Florida, Steve Mcdonald, Robert E. Crew Jr.

The Journal of Sociology & Social Welfare

This study provides the first empirical test of whether searching for jobs on the Internet can help people gain access to high quality jobs. Using new data from former welfare clients in Florida, we present results from a multivariate regression analysis of Internet job searching on wages and on a number of job benefits. On average, Internet job searchers receive better jobs than people who conducted more traditional job searches, net of numerous control variables. These findings suggest that welfare recipients have a great deal to gain from searching for their jobs on the Internet.

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Review Of Home Ownership And Social Inequality In Comparative Perspective. Karen Kurtz And Hans-Peter Blossfeld (Eds.). Reviewed By James Lee., James Lee Mar 2006

Review Of Home Ownership And Social Inequality In Comparative Perspective. Karen Kurtz And Hans-Peter Blossfeld (Eds.). Reviewed By James Lee., James Lee

The Journal of Sociology & Social Welfare

Karin Kurtz and Hans-Peter Blossfeld (Eds), Home Ownership and Social Inequality in Comparative Perspective. Stanford, California: Stanford University Press, 2004. $70.00 hardcover.

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