Search results

Motivation theory in the 20^th century has evolved to meet the changing social, political, and economic environment. The purpose of this paper is to examine the developmental path of modern motivation theory from the perspective of the Tao and the cyclical nature of Yin and Yang. We review motivation theory from the Industrial Revolution to the present. The developmental path during the past 100 years consists of seven distinct stages, each stage representing a significant shift in theory as well as a shift in the social, political, and economic environment in the United States. The dominant theme that emerges from the analysis is the discourse between science and humanity, and the revolving cycle of these fundamental theories throughout the century.

What would a graduate program look like if its purpose was to create transformational leaders? How and what would we teach? How and what would students learn? How would students work together? What would be the role of the faculty? This paper describes the creation and delivery of a graduate program that develops students as transformational leaders. The paper also outlines the paradigmatic shifts in design principles used in the program to achieve our purpose. The outcome assessment of students’ leadership competencies at the conclusion of the program showed marked improvement. In a final reflection paper, students share the impact the program has had on transforming their lives.

The purpose of this paper is to show that research supports competencies can be developed in adults; however, even in these “model programs” for developing emotional intelligence and social intelligence competencies, little is known about what goes on inside the “black box” of change. How does the change occur?

In an attempt to help adults develop emotional, social, and cognitive intelligence competencies, the model of intentional change theory was applied during the first of the required courses, entitled Leadership Assessment and Development in the Master of Business Administration program at Weatherhead School of Management, Case Western Reserve University. About 26 students in the program were solicited to participate in the longitudinal study, where they were assessed periodically for competency development (about six to eight weeks) during their two‐year program.

The results indicated that certain type of competencies were developed much earlier in the program (e.g. technology and quantitative), while other competencies were developed during the summer break (e.g. help and relationships) or toward the end of the program (e.g. informational analysis, theory, and goals and action). Students' career aspiration also had an impact on the rhythm and flow of competency development – while career changers steadily improved throughout the program, career explorers had spurts of improvement throughout the program, indicating their uncertain pattern of development. Overall, students' opportunity mode and desire for continuous learning significantly impacted their competency development.

The study raised certain implications for competency development. The relationship between opportunity utilization and intentional change – how to maximize given opportunities while seeking out new and noble opportunities – raised a question about how to structure formal competency development in organizations, especially when it comes to one's professional development. The study could not infer the underlying causal relationships between competency acquisition, program structure, subject content and initial competency demonstration level, given the limited sample size and the exploratory nature of the study.

The purpose of this study is to empirically explore the perceptions of leader effectiveness and preference on gender and leadership style.

The interaction between authoritarian and participative leadership style and gender roles was examined for effectiveness and preference using video samples of dramatized leaders.

The results showed that although subjects found participatory leaders to be more effective and also preferred such a style over authoritarian leaders, male leaders were rated to be more effective and more preferred over female leaders. Women leaders who go against their gender stereotype were perceived as even less effective and less preferred than male leaders who exhibited the same style that was identified as a more masculine style.

The results suggest that women leaders continue to face challenges overcoming both sexual bias and stereotypes. Women leaders, regardless of style, face an uphill battle in terms of perceptions of effectiveness and preference regardless of who their followers might be. In addition, women leaders who go against the typical gender stereotype might be penalized even more.

Despite making progress on gender equity, the study demonstrated the continuing existence of sexual stereotyping and bias in people’s perceptions, even with “younger” subjects. Thus, we need to maintain our focus on actively changing the rules of the workplace (e.g. a recent Harvard Business School experiment) and changing the status quo. Until we level the playing field, we need to continue to play an active role in creating an organizational culture and shaping an environment that is fair and equitable.

This paper highlights the current status of gender bias and stereotyping using an innovative methodology of video case studies. The results also highlight the persistence of gender bias and stereotype even in a “neutral” setting with the younger subjects. In addition, the paper empirically demonstrates the double standards women often face in the workplace. Women leaders have often been expected to demonstrate more masculine traits at workplace (as exhibited by the authoritarian style), but when they do, they are penalized for acting out of their gender role.

Offshore structures are generally constructed as frameworks of tubular members. The tubular joints should be designed to allow the full post yield or post buckled capacity of the members. However, design guidelines for ultimate strength capacity of these joints are based exclusively upon compilations of test data for simple configurations under simple loading conditions. A methodology based upon the finite element method is presented for analytically predicting the ultimate strength of arbitrary tubular joints. Eight node, isoparametric, curved shell elements were used for the majority of the tubular joint model. Twenty node, isoparametric, solid elements were used to capture the three‐dimensional stress state at the shell intersection while fifteen node, isoparametric, wedge elements modelled the weld profile. Solid‐shell transition elements provided the connection between the three‐dimensional solid elements and the surface based shell elements. Non‐linearities were included via an elastoplastic material model with isotropic strain hardening and the updated Lagrangian approach for finite deflections and rotations. Several experimental tubular joint analyses were reproduced to validate the analytical procedure. Non‐linear finite element analysis was shown to be a practical approach for the evaluation and extension of current design procedures for tubular joints.

The purpose of this paper is to explore how public relations (PR) professionals develop co-narratives with legal counsel when formulating crisis communication strategies. Understanding how PR practitioners work with their legal counterparts may help lead to more advanced and effective PR practice in the area of crisis communication and management. The authors attempt to do so in this study through interviews conducted with PR practitioners in two Asian countries – South Korea and Singapore.

In total, 11 semi-structured interviews with PR consultants, 6 in Korea and 5 in Singapore were conducted between May and August 2016. Data analyses revealed key points of interest for PR practice.

First, PR consultants in both countries reported increased collaboration with legal counsel in times of crisis. Second, PR consultants report that legal professionals have begun to realize the significance of winning in the court of public opinion. However, the process by which PR–legal collaboration takes place to develop co-narratives followed extremely different patterns in the two countries.

This exploratory study is not exempt from limitations. The findings from this study may not be applicable to other countries. As data collection in both countries relied on snowball sampling techniques, the participants in the interviews may not be representative of PR consultants in South Korea and Singapore. E-mail interviews had limitations due to their lack of richness and details compared to other forms of interviews (i.e. face-to-face or Skype interviews). However, computer-mediated interviews including e-mail interviews can still create good level of understandings about the phenomenon in question.

This study was an attempt to understand PR–legal collaboration particularly in times of crisis and contribute to the development of Asia-centric models of PR practice. There has been little research that explores how legal and PR counsels actually collaborate to devise optional crisis communication strategies for their clients (or organizations) in the times of crisis. Given that crisis communicative strategies have been shown to affect publics’ perceptions of an organization’s credibility and trustworthiness, it is important to understand how PR work with legal practitioners to develop co-narratives for optimal crisis management, and understand how their different professional perspectives, practices, and approaches affect the collaboration.

This study examines whether the Hong Kong stock market overreacts. By using monthly return data of all the common stocks listed on the Hong Kong Stock Exchange from January 1980 to December 1995, it examines the profitability of a contrarian strategy of buying prior losers and selling prior winners. The evidence shows that prior losers outperform prior winners by up to 68.59% in the subsequent five‐year test period. This finding can be interpreted as investors' tendency to react over‐optimistically to positive information and over‐pessimistically to negative information, thus causing stock prices to take temporary swing away from their intrinsic values and then reverse back subsequently. Our result is consistent with that documented by Debondt and Thaler (1985) for the U.S. market. This study also investigates whether seasonality accounts for the abnormal return but finds that the overreaction effect is not caused by the well‐known January effect. Further tests are conducted to investigate whether changes in betas of the winners and losers account for the abnormal return. The evidence shows that such changes are also minor, which cannot explain the price reversal phenomenon.

The issue of the reunification of North and South Korea attracted worldwide attention in June 2000, when the historic summit meeting between the two top Korean leaders was held in North Korea. Although recently the two Koreas have stepped up their efforts toward reconciliation, international scholars and researchers in Korean studies seem to agree that Korean reunification will be slow and difficult. For this reason, they are researching possible solutions to the critical problems involved, and thus there has been an upsurge of published materials on reunification. This annotated bibliography aims to serve as a guide to these materials. Although this bibliography is selective in that it is limited to literature published in English since 1996, it has wide content coverage and includes books, journals, government publications, special reports, research papers, and Websites. Given the complicated and dynamic situation in Korea, this bibliography will be of use to those who are concerned with Korean reunification.

Motivated by the significant role of uncertainty in affecting investment decisions and China's economic leadership in Asia, this paper investigates the predictive role of exposure to Chinese economic policy uncertainty at the individual stock level in large Asian markets.

We estimate the monthly uncertainty exposure (beta) for each stock and then employ the portfolio-level sorting analysis to investigate the relationship between the China’s uncertainty exposure and the future returns of major Asian markets over multiple trading horizons. The raw returns of the high-minus-low portfolios are then adjusted using conventional asset pricing models to investigate whether the relationship is explained by common risk factors. Finally, we check the robustness of the portfolio-level results through firm-level Fama and MacBeth (1973) regressions.

Applying portfolio-level sorting analysis, we reveal that exposure to Chinese uncertainty is negatively related to the future returns of large stocks over multiple trading horizons in Japan, Hong Kong and India. We discover this is unexplained by common risk factors, including market, size, value, profitability, investment and momentum, and is robust to the specification of stock-level Fama and MacBeth (1973) regressions.

Our analysis demonstrates the spillover effects of Chinese economic policy uncertainty across the region, provides evidence of China's emerging economic leadership, and offers trading strategies for managing uncertainty risks.

The findings of the study significantly improve our understanding of stock return predictability in Asian markets. Unlike previous studies, our results challenge the leading role of the US by providing a new intra-regional return predictor, namely, China’s uncertainty exposure. These results also evidence the continuing integration of the Asian economy and financial markets. However, contrary findings for some Asian markets point toward certain market-specific features. Compared with market-level research, our analysis provides deeper insights into the performance of individual stocks and is of particular importance to investors and other market participants.

The purpose of this research is to investigate post‐acquisition differences in share and operating performance, and in risk characteristics, for acquirers who pay cash versus those who employ stock, as well as for acquirers who merge with targets as opposed to those who directly approach target shareholders to tender their shares.

The paper uses event study methodologies, incorporating recent methodological advancements, to determine the effect of the acquisition by various classes of US acquirers during 1975 to 1996, on the variables of interest, by comparing these to a benchmark of similar firms who did not acquire any targets.

Mergers, especially in conjunction with cash payments, are risk increasing transactions. Equity risk increases for cash mergers over three years following acquisitions. Mergers experience a post‐acquisition increase in the intrinsic business risk, a decline in the degree of operating leverage and a small deterioration in the operating performance. Tender offers experience, no post‐acquisition changes in risk and performance metrics. The paper finds no evidence of post‐acquisition abnormal returns.

The results pertaining to market efficiency and the various hypotheses for method of payment and mode of acquisition contribute to academic research, where methodological issues have been identified as the sources of the conflicting results in prior studies. Differences due to mode of acquisition and method of payment would be of interest to investors and corporate managers as well.