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Article
Publication date: 4 August 2017

William Meek and David W. Williams

The purpose of this paper is to provide insights into how nascent entrepreneurs persist despite outward appearances of little progress by using participant observations, and…

893

Abstract

Purpose

The purpose of this paper is to provide insights into how nascent entrepreneurs persist despite outward appearances of little progress by using participant observations, and autobiographical and interview data.

Design/methodology/approach

Utilizing a multi-year case study, the authors use participant observation, autobiographical, and interview data to build the arguments.

Findings

The authors demonstrate that persistence involves overcoming stage-gate issues, and overcoming stage gates requires a flurry of activity and opportunity variation. Once stage gates are overcome, entrepreneurs experience an emergence-like event with a new flurry of activity that propels them toward the next stage gate. Doing so, the authors extend theories of entrepreneurial persistence and entrepreneurial action by suggesting that nascent entrepreneurs who are slowly making progress toward start-up may be persisting by taking small but important steps toward start-up.

Originality/value

This study offers detailed observations and analysis about the behaviors and activities that a nascent entrepreneur undertook during an extremely long gestation/persistence period, which ultimately ended with the successful completion of the goal.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 24 no. 5
Type: Research Article
ISSN: 1355-2554

Keywords

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Case study
Publication date: 20 November 2024

Sean Andre and Phyllis Belak

The authors gathered the core information for this case using publicly available filings from the US Department of Justice and the US Securities and Exchange Commission. Publicly…

Abstract

Research methodology

The authors gathered the core information for this case using publicly available filings from the US Department of Justice and the US Securities and Exchange Commission. Publicly available news articles were used to complement the core information. All sources are cited.

Case overview/synopsis

This case involves an assumed fraud perpetrated by the C-suite members of Celadon Group, Inc. – formerly one of the largest trucking companies in North America. By 2016, the value of Celadon’s truck inventory significantly decreased in value. Instead of reducing the inventory to its market value on the Balance Sheet, management engaged in a series of trades and creative accounting to conceal the fact they had overvalued the trucks.

Investment analysts at Prescience Point Capital Management and Jay Yoon (both published on Seeking Alpha) found inconsistencies and red flags in Celadon’s 2016 and 2017 financial reports and reported their suspicions to the public. Soon after, Celadon’s audit committee declared the company’s recent financial statements could no longer be relied upon, resulting in an immediate market loss of $62.3m. In 2019, Celadon entered into a Deferred Prosecution Agreement and was ordered to pay $42.2m in restitution. The Department of Justice (DOJ) criminally charged Danny Williams (president of Quality, a Celadon subsidiary) and he entered a plea agreement. The DOJ also criminally charged Bobby Lee Peavler (CFO) and William Eric Meek (COO). Celadon filed for bankruptcy and operations ceased. Then, in an unexpected turn of events, in 2022, the DOJ dismissed the criminal case against Peavler and Meek.

Complexity academic level

This case allows students to apply theory learned in a fraud examination or forensic accounting course to an actual fraud case. It discusses red flags and how perpetrators of fraud often need to keep perpetrating wrongdoing to keep the original fraud from being discovered. The authors designed the case for upper-level or graduate business students. It should be included in the course when covering financial statement fraud.

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Article
Publication date: 18 May 2012

Daniel Bumblauskas, William Meeker and Douglas Gemmill

The purpose of this paper is to review cotemporary maintenance programs and analyze factory production data for an SF6 gas filled circuit breaker population. Various maintenance…

680

Abstract

Purpose

The purpose of this paper is to review cotemporary maintenance programs and analyze factory production data for an SF6 gas filled circuit breaker population. Various maintenance techniques and studies are reviewed to understand the reliability of circuit breaker models and the impact manufacturing can have on long term maintenance considerations.

Design/methodology/approach

Production and field event data were analyzed using statistical analysis tools. The population data were formatted so that a recurrent event analysis could be conducted to establish the mean cumulative function (MCF) by model and product family (class). Average Field Two‐year Recorded Event Rate (AFTRER) is introduced and compared to commonly used Field Incident Rate (FIR) and Mean‐Time between Failure (MTBF) measures.

Findings

Common managerial operating questions can be answered as exhibited for the provided circuit breaker population. This includes the longevity of field issues, the anticipated life cycle of a model or class, and AFTRER for models or classes of interest. These statistical analysis tools are used to make critical production quality and asset management observations and aid in decision‐making.

Research limitations/implications

Due to limitations in existing database systems, the cost of events and explanatory variables related to event rates were not included in the analyses. There remains much work to be done in terms of the installation and retro‐fitting of breakers with conditions monitors in the field.

Practical implications

A framework to analyze maintenance data from fleet of similar assets using recurrent event data analysis is provided. The methods illustrated here would be useful for quality and asset managers to make operating decisions. This includes resource allocation decisions across a network of equipment.

Social implications

Data analyzed are for power circuit breakers which are a critical element in the operation and reliability of the US power grid.

Originality/value

Using recurrent event data analysis to review and develop solutions to production quality and asset management problems including a comparison of AFTRER to FIR and MTBF measures.

Details

International Journal of Quality & Reliability Management, vol. 29 no. 5
Type: Research Article
ISSN: 0265-671X

Keywords

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Book part
Publication date: 8 July 2010

William R. Meek

The decision of whether or not to start a new business is a question pondered by many people and something that about .004% of the U.S. population decides to do every month …

Abstract

The decision of whether or not to start a new business is a question pondered by many people and something that about .004% of the U.S. population decides to do every month (Kauffman Foundation, 2005). This decision becomes more complicated with the involvement of family members. One would be hard pressed to find any business enterprise without some sort of family influence and involvement at some point in the start-up or ongoing operations of the business. While most entrepreneurship research points to legal, environmental, regulatory, technological, or demographic changes as triggers that spur individuals into action, the role of family influence in new business founding is often overshadowed or not addressed at all (Aldrich & Cliff, 2003).

Details

Entrepreneurship and Family Business
Type: Book
ISBN: 978-0-85724-097-2

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Article
Publication date: 29 June 2012

Diane M. Sullivan and William R. Meek

The purpose of this paper is to review the literature on gender, and specifically, women and entrepreneurship as well as present a process model of gender and entrepreneurship to…

7343

Abstract

Purpose

The purpose of this paper is to review the literature on gender, and specifically, women and entrepreneurship as well as present a process model of gender and entrepreneurship to guide future research.

Design/methodology/approach

Following research from Baron and Henry, the literature is organized into a process model of gender and entrepreneurship and a brief review of the research on each stage of the model is presented. Further, building on the process model, specific propositions associated with each stage that are motivated by expectancy theory are developed.

Findings

Research on women and entrepreneurship has increased over the last two decades and there is much research yet to be done.

Practical implications

Practical implications include that women may engage in networking activities focused on family and friends for obtaining financial resources.

Social implications

Based on this review, evidence suggests societal attributions and socialization processes relative to the sexes may create barriers to entry for women due to the uneven distribution of assets, educational foci, and daily life activity expectations amongst the sexes. These factors, in effect, create the glass ceiling that women are often described as facing that extends to entrepreneurship. To lessen these effects, women might be advised to pursue education within fields more closely linked to high‐growth industries.

Originality/value

The authors review research on women and entrepreneurship from 1993‐2010 and organize the literature within Baron and Henry's process model of entrepreneurship. As such, the paper illuminates a process model of gender and entrepreneurship that builds from and extends research linking the I/O psychology and entrepreneurship literatures.

Details

Journal of Managerial Psychology, vol. 27 no. 5
Type: Research Article
ISSN: 0268-3946

Keywords

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Article
Publication date: 1 January 1976

Tom Schultheiss

The following classified, annotated list of titles is intended to provide reference librarians with a current checklist of new reference books. Appearance in this column does not…

49

Abstract

The following classified, annotated list of titles is intended to provide reference librarians with a current checklist of new reference books. Appearance in this column does not preclude a later review in RSR. Publishers are urged to send a copy of all new reference books directly to RSR as soon as published. Beginning with our next installment, “Reference Books In Print” and “Reference Book Review Index” will be combined, to provide a more complete information index to new reference publications. All current features will be included in the new “Reference Book Review Digest.” Also included will be full cataloging information in the form of Library of Congress headings and Dewey numbers.

Details

Reference Services Review, vol. 4 no. 1
Type: Research Article
ISSN: 0090-7324

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Book part
Publication date: 8 July 2010

Alex Stewart, G.T. Lumpkin and Jerome A. Katz

The peer-reviewed chapters in Volume 12 emphasize the role of family systems in shaping entrepreneurial outcomes. Interestingly, spousal influence is a major topic in three of the…

Abstract

The peer-reviewed chapters in Volume 12 emphasize the role of family systems in shaping entrepreneurial outcomes. Interestingly, spousal influence is a major topic in three of the chapters. Another important theme is family business identity and how a range of different influences – from within-family perceptions to broad institutional pressures – affect family business image and organizational performance. Both quantitative and qualitative research methods are employed to address the role of entrepreneurship in family businesses.

Details

Entrepreneurship and Family Business
Type: Book
ISBN: 978-0-85724-097-2

Available. Content available
Book part
Publication date: 8 July 2010

Abstract

Details

Entrepreneurship and Family Business
Type: Book
ISBN: 978-0-85724-097-2

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Book part
Publication date: 8 September 2022

Anna Noci

This paper reconstructs the clash between William Baumol’s and Paul Samuelson’s different approaches to the history of economic thought, disguised as a debate on the Marxian…

Abstract

This paper reconstructs the clash between William Baumol’s and Paul Samuelson’s different approaches to the history of economic thought, disguised as a debate on the Marxian transformation problem on the pages of the Journal of Economic Literature in 1974. The published papers were the result of an intense exchange of letters that shows how the debate on the transformation problem is just the surface: the debate originated from the authors’ different approaches to the history of economic thought. Samuelson applied his famous “Whig” history of economics to suggest that Marx had little to nothing to offer to modern theorists, while Baumol was interested in the past authors’ theoretical and moral intentions. Baumol and Samuelson’s Methodenstreit resulted in two different visions of Marx, and there is evidence that they kept their different approaches for their entire career.

Details

Research in the History of Economic Thought and Methodology: Including a Symposium on the Work of William J. Baumol: Heterodox Inspirations and Neoclassical Models
Type: Book
ISBN: 978-1-80382-708-7

Keywords

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Book part
Publication date: 10 August 2010

Gordon Burt

The Wikipedia (2008) entry for mathematical sociology cites four books with ‘mathematical sociology’ in the title: Coleman (1964), Fararo (1973), Leik and Meeker (1975) and…

Abstract

The Wikipedia (2008) entry for mathematical sociology cites four books with ‘mathematical sociology’ in the title: Coleman (1964), Fararo (1973), Leik and Meeker (1975) and Bonacich (2008). Fararo (1973, pp. 764–766) provides a guide to the literature in mathematical sociology covering journals, bibliographies, reviews and expository essays, readers, texts, original monographs and research papers. Many of the references are either broader than mathematical sociology, for example, concerning the behavioural sciences in general, or narrower, dealing with a particular topic within sociology, or concerning a related field such as social psychology. Three classical original monographs are identified: Dodd (1942), Zipf (1949) and Rashevsky (1951). Included in a second generation of monographs is Coleman's (1964)An Introduction to Mathematical Sociology’. Could it be that this is the first use of the phrase ‘mathematical sociology’?

Details

Conflict, Complexity and Mathematical Social Science
Type: Book
ISBN: 978-1-84950-973-2

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