An exploratory study on part-time MBA program choice factors and characteristics of part-time MBA students

The majority of master of business administration (MBA) students are presently enrolled in part-time programs, yet little is known about their preferences, perspectives, and program selection processes. To fill this gap, the authors address three issues related to part-time MBA programs. First, they review important MBA program choice factors in the literature. Second, based on results of a survey with current MBA students, they identify the following as choice factors for part-time MBA programs: overall value/cost, location convenience, flexibility, and program quality. Third, the authors offer implications for part-time MBA programs that are related to employer reimbursement programs and program flexibility.     

Adjusted beta responses to dividend announcements

In this study, the impact of regression tendency and order bias on the calculated average residuals and around the event period is examined. The findings indicate that the abnormal return calculated with unadjusted parameters may lead to a misestimation of the true average residual. However, the bias due to regression tendency and order bias may not change the essential conclusions about the significance of the residuals if they are highly significant. However, for residuals that are borderline statistically significant, compensation for order bias and regression tendency may be important. In addition, if the magnitude of the abnormal return is of interest, residuals calculated with biased betas may over- or understate the true abnormal return. For small non-randomly selected samples, the differences in the residuals using unadjusted and order-bias-adjusted betas are more prominent. Therefore, the researcher should be aware of the impact that regression tendency and order bias can have on the interpretation of results.     

THE ORGANIZATIONAL CORRELATES AND CONSEQUENCES OF SUBCONTRACTING: EVIDENCE FROM A SURVEY OF SOUTH WALES BUSINESSES

Recent interest in the growth of subcontracting, as part of a broader trend towards greater ‘flexibility’in forms of employment relationship, has not as yet been matched by a full consideration of its organizational and managerial implications. In particular, the question of whether or not subcontracting has an impact upon, or is affected by, the organization's structural characteristics remains largely unexplored. the aim of this article is to report findings from a detailed study of subcontracting practices across a sample of British industry, which focuses upon the relationship between subcontracting and organizational characteristics. the results indicate several important points about the practice. Firstly, that there is wide variation in the use of subcontracting across industry, although the overall extent is limited. Secondly, that variation in the practice is significantly related to basic firm characteristics - namely, industrial sector, type of production system and pattern of ownership and control. Thirdly, that, on balance, subcontracting is associated with more, not less, structural complexity. Finally, that this greater complexity is found in particular types of firms - notably, outside the manufacturing sector, in mass and process production systems and amongst British independents and subsidiaries, rather than in their foreign competitors.     

E时代的金融创新与监管(待续)

编者按 对于入世后受冲击最强烈的金融业来说,最大的考验并不是作为金融市场主体的商业银行、保险公司、证券公司以及其他非银行金融机构,而是政府对金融市场的监管水平和监管的有效度.所谓金融监管,是指金融主管机关根据法律赋予的权力,依法对金融机构及其运营情况实施监督和管理,以维护正常的金融秩序,保护存款人和投资者的利益,保障金融体系安全、健康、高效运行.在市场经济体制下,金融机构依法经营、监管当局依法监管是确保金融体系稳定的前提.     

The effect of client management bargaining power, moral reasoning development, and belief in a just world on auditor independence

In two studies, practising auditors' responses to hypothetical audit conflict scenarios were used to test hypotheses that moral reasoning development and belief in a just world influence resistance to client management power. Based on a mixed factorial ANOVA design, results confirmed that auditor independence is interactively determined. Three styles of auditor decision-making emerged: “autonomous”, “accommodating” and “pragmatic”. Autonomous auditors were responsive to personal beliefs, such that those with strong just world beliefs were more likely to resist client management power. Pragmatic auditors were responsive to client management power, irrespective of beliefs. Accommodating auditors responded both to personal beliefs and client management power; they comprised the least resistant group, especially when they believed in an unjust world.     

Evaluation of the strategies and performance of low ROI market share leaders

This study examines the strategies of 41 businesses which are market share leaders, but have poor performance. Hypotheses are tested relating to market stability and product demand characteristics, as well as organizational commitments and competitive strategies.     

A factor analytic comparison of outshopping behavior in larger retail trade areas

Three patronage factors appear to motivate outshopping behavior across larger retail areas. The results are supported by research which has typically concentrated on smaller retail trade areas. This correspondence suggests a generalized outshopping behavior which may be attributable to the inability of retailers to completely satisfy all dimensions related to the shopping experience.