Obaid Almotairy, Margarita Maria Lenk and Norman Schultz
The stock market in the Kingdom of Saudi Arabia is quickly developing and maturing. While the inefficiencies of this market have already been attributed to its mechanics (Abdeen…
Abstract
The stock market in the Kingdom of Saudi Arabia is quickly developing and maturing. While the inefficiencies of this market have already been attributed to its mechanics (Abdeen and Shook, 1984; Butler and Malaikah, 1992; Abdelkader, 1993), information concerning the market players has not been available. This research reports descriptive results of 74 interviews with Saudi investors. The results provide insight into the information that is used for investing decisions, support prior evidence of market inefficiency, and encourage more research in this area.
Carolyn M. Youssef-Morgan, Paul P. Poppler, Ernie Stark and Greg Ashley
Much like “Yeti,” the Abominable Snowman whose footprints are everywhere but itself nowhere to be seen, unfounded assertions of human capital as valuable contributors to strategic…
Abstract
Much like “Yeti,” the Abominable Snowman whose footprints are everywhere but itself nowhere to be seen, unfounded assertions of human capital as valuable contributors to strategic success continue to proliferate. Many of these treatments are nonbinding, nonmeasureable, idiosyncratic, tautological, and therefore nearly impossible to use for any comparative market valuation. In this chapter, we selectively review the interdisciplinary literature on exemplars of human-derived capital. We systematically examine specific epistemological strengths, weaknesses, and gaps in recognized theories, measures, and practices. In particular, a multidisciplinary, multilevel, connectionist point of view is suggested. We present the case for an evidence-based classification system of human-derived capital at the micro-, meso-, and macro-levels. Our framework goes beyond static stock models by emphasizing dynamic human-derived capital flows, as well as their within-level and cross-level linkages, all within the context of a modern society that increasingly is networked, fluent with technology, and prodigious with social media.
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Whistleblowers have been credited for uncovering financial scandals in companies globally, including Enron, Olympus Corporation, and WorldCom. Despite increasing support and…
Abstract
Whistleblowers have been credited for uncovering financial scandals in companies globally, including Enron, Olympus Corporation, and WorldCom. Despite increasing support and incentives for whistleblowing, there generally remains reluctance to blow the whistle. Thus, the purpose of this study is to review: (1) the determinants of internal and external whistleblowing on accounting-related misconduct, (2) U.S. whistleblowing legislation on accounting-related misconduct and related research, and (3) the effects of whistleblowing on firms and whistleblowers. Within each area, suggestions for future research are offered.
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This paper highlights that the strategic use of design, a competitive pattern typically associated with creative industries, those creating and trading meanings, also…
Abstract
This paper highlights that the strategic use of design, a competitive pattern typically associated with creative industries, those creating and trading meanings, also characterizes industries that produce functional or utilitarian goods not typically considered creative. The paper explores the origins of this phenomenon in the context of three industry settings: cars, speciality coffee and personal computers. The analysis theorizes three distinct strategic paths that explain how design may become an institutionalized aspect of competition in industries that are not creative. We explain how firms link their products to the identities of their users, how design is linked to stakeholders' emotions and visceral reactions to products and how intermediaries are relevant to enhancing attention to design. Illuminating these strategic paths allows harnessing some of the well-established understandings about competition in creative industries towards understanding competition in noncreative industries.
Yuedong Li, Anna M. Rose, Jacob M. Rose and Fengchun Tang
This study examines the effects of incentive compensation and guanxi, a type of informal personal relationship between people, on the objectivity of Chinese internal auditors…
Abstract
Purpose
This study examines the effects of incentive compensation and guanxi, a type of informal personal relationship between people, on the objectivity of Chinese internal auditors. Given that the objectivity of internal auditors is essential for promoting financial reporting quality, it is important to investigate the effectiveness of internal audit functions, especially in emerging markets where the corporate governance mechanisms designed to promote objectivity are less mature.
Methodology/Approach
The research employs a 2 × 2 between participants experiment with 116 graduate accounting student participants.
Findings
After controlling for internal auditors’ ethicality, we find that close-guanxi between management and internal auditors and incentive compensation in the form of bonuses based upon meeting earnings targets both have the capacity to impair the objectivity of Chinese internal auditors. Participants were more tolerant of management’s attempts to manage earnings when there was close guanxi or bonus compensation. Further, compensation structure only influenced internal auditors’ support of management when guanxi was distant, but when there was close guanxi between internal auditors and management, internal auditors were unlikely to challenge management regardless of the compensation structure.
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The modern history of the information retrieval thesaurus may be dated from 1947. Even at this early stage a confusion of terminology and purpose was evident. The situation was…
Abstract
The modern history of the information retrieval thesaurus may be dated from 1947. Even at this early stage a confusion of terminology and purpose was evident. The situation was only partly clarified by the emergence of the first fully operational information retrieval thesaurus in 1959. The intervening period produced a number of theoretical and practical contributions which shaped the thesaurus concept for operational use. The major ideas and influences of this period are examined and related.
Obed Norman, Patrice Pinder, Sharonda Ragland, Mack Shelley, Nicola Norman and Geoffrey Shakwa
This chapter proposes a research model with the potential to solve the pressing problem of the underrepresentation of Blacks in science, technology, engineering, and mathematics…
Abstract
This chapter proposes a research model with the potential to solve the pressing problem of the underrepresentation of Blacks in science, technology, engineering, and mathematics (STEM). The underrepresentation problem can be addressed at two points. The first being the graduation point where Blacks are significantly underrepresented among STEM graduates. According to 2016 NSF data, Blacks were awarded just 6.2% of US STEM degrees. This was a 16% decrease from 2004 levels. The second point is the STEM work environments is an employment climate perceived as unwelcoming for Blacks which often leads to higher attrition of mainly Black males, but Black females are affected as well. This chapter deals only with the intervention strategies that will address the underrepresentation of Black students among STEM graduates.
The need for effective STEM education interventions aimed at improving academic outcomes for Black students in STEM has been articulated by many. This chapter explores how the NIH's model of translational research can be applied to the development of interventions aimed at improving the academic outcomes of Black STEM students. Using the principles of translational research, the authors of this chapter report how they had developed a STEM teaching and assessment intervention that resulted in improving the Introductory Biology scores in one section at a historically Black college and university (HBCU) to a 72% average compared to the 50% average of all the other peer sections. The chapter concludes with a discussion of the requirements for a solutions approach to the pressing problem of the underrepresentation of Blacks in STEM fields.