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PREVIOUS ISSUE Summer 2009 Volume IV, Issue II

1.Immigration Trends and Job Competition: A Case Study of the Hispanic Immigrants and the African American Low Skill Workers in the Southeastern Region of the United States. Hamady Diop, Aloyce Kaliba, Ghebreyessus Ghirmay, Donald Andrews, Dominique Duval-Diop


Abstract:

The United States (US) gross domestic product (GDP), as measured by the total value of goods and services produced within the nation during a specific time period that is generally a year, has been increasing steadily over the last three decades. The US GDP in 2007 was in the range of $13.9 trillion and grew by 2.2% in comparison to its level in 2006. This economic growth and strength was coupled with an increase in the United States population. In fact, during the last three decades, the US population grew at a per annum rate of 1.09%. The current population of 303 million is 32% higher than the 1970 population which was in the range of 205 million inhabitants. Most of the population increase is associated with a large influx of immigrants during the last three decades. In 2003, for example, the foreign born population level was 34.6 million based on US census data. About 4.7 million of those foreign born individuals were linked to pre-1970 immigrant cohorts, about 5 million to 1970-1980 cohorts, 8.2 million to 1981-1990 and the remaining 16 million to those individuals that migrated to US between 1990 and 2003.



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2. Econometric Analysis of Real Effective Exchange Rate on Gross Domestic Product of Uganda. Musa Moya, Susan Watundu


Abstract:

This paper tests and assesses the effect of Real Effective Exchange Rate on Gross Domestic Product of Uganda. Two theoretical views have been put forward; first view states that, a real appreciation of domestic currency lowers the cost of imported raw materials leading to an expansion of output while the traditional view states that a real appreciation lowers international competitiveness, which, in turn, causes net exports to fall and hence a reduction in the aggregate demand. It’s on this basis that an empirical study capturing the effect of REER on both the demand and supply side of GDP was done. Econometric analysis was applied on Time series annual data of Uganda for a period of 33years (1975-2007).

Findings suggest that, the depreciation of Real Effective Exchange Rate does not favor the growth in Gross Domestic Product of Uganda thus depreciation of REER has a contractionary effect on GDP. The study also shows a significant negative relationship between Real Effective Exchange and Gross Domestic Product in Uganda. Specific findings include; Real Effective Exchange Rate had a significant positive effect on the Demand side of Gross Domestic Product inline with the second theory, Real Effective Exchange Rate had a significant negative effect on the Supply side of Gross Domestic Product in line with the first theory, Net effect of Real Effective Exchange Rate on Gross Domestic Product was significantly negative inline with first theory, There was a short-run negative effect of Real Effective Exchange Rate on Gross Domestic Product in line with first theory.

Policy implications include maintenance of managed float exchange rate, use of interest rates policy stance and agro based industries to increase on the value of exports.



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3. Managing Managed Care: A Look at Market Segmentation Strategies For The Health Care Industry. Jamie Pleasant

Abstract :

This paper is offered as a conceptual contribution to examine how the healthcare industry may become more efficient and effective in managing costs of daily and long term operations. As healthcare firm become more efficient and effective, the reduction in costs can be passed on to consumers at lower costs for healthcare services. The paper also suggests a conceptual segmentation marketing strategy that can be used to allow healthcare firms to operated and efficient levels. Finally, a look at the role marketing research plays in keeping abreast of the A changing market place, latest patient preferences and expectations will be presented to further help healthcare firms become more specialized and efficient.


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Previous Issue Spring 2009 Volume IV, Issue I

1. Supply Chain Management. Joseph Ntayi, Gerrit Rooks, Sarah Eyaa


Abstract:

This study attempts to predict swiftness of supply chains by developing a model that relates collaborative relationships, procurement practices, information technology flexibility and supply chain swiftness. Using data generated from Uganda’s Small and Medium Enterprises (SMEs), the study finds that information sharing, decision synchronization, dimensions of collaborative relationships and IT adaptability significantly predict 41% of the variance in supply chain swiftness. Supply chain partners need to concentrate on improving collaborative relationships and IT adaptability in order to achieve superior performance. They should further realign their competitive focus to concentrate on delivery speed by eliminating barriers that impede the business process performance of supply chain members. Its benefits are likely to constitute improved customer response time, reliability, reducing incidence of misunderstandings and contractual problems and disputes. The creation and execution of a strategic purchasing function may also help in increasing supply chain swiftness. Special effort should be expended on promoting information sharing and decision synchronization within SMEs supply chain.



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2. Discrimination. Joseph Mpeera Ntayi, Rufus Beijuka, Freddie Mawanga, Alex Muliira

Abstract :

Purpose- The article purposes to unearth the prevalence of workplace discrimination in
manufacturing companies and demonstrate its devastating effects on employee psychological wellness and performance in a job context. It also demonstrates the need for chief executives of private companies to reduce workplace discrimination, instrumental ethical climate in order to achieve maximum contribution of the employees.

Design/methodology/approach - Using a cross-sectional research design and simple random sampling approach, a sample of 438 employees was drawn from a cross section of manufacturing companies in Uganda (Uganda Manufacturers’ Association, 2008), out of which a 48% response rate was achieved.

Findings – The paper reveals that tribe/race, gender, religion and health were the most prevalent form of workplace discrimination in Uganda’s manufacturing firms. Workplace discrimination types are related to employee psychological wellness/illness and instrumental ethical climate that characterize Uganda’s manufacturing sector thereby affecting employee performance.

Practical implications –This paper emphasizes the need to review and create awareness of the workplace discrimination law. Labour organizations, government and private sector initiative groups need to be actively involved in the welfare of employees in private organizations.

Originality/value – This paper calls for a holistic approach to managing employees in private organizations to maximize their contributions.

Article Type - Researched paper


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Previous Issue Fall 2008 Volume III, Issue III

1. Human Resource Competencies: An Empirical Study on the HR Professionals in the Manufacturing Sector in Malaysia . Choi Sang Long


Abstract:

This study examines the vital competencies of Human Resource (HR) professionals in the manufacturing companies of Malaysia. The  Human Resource Competency Survey (HRCS) model is used in this study. The competencies that are examined in this study are business knowledge, strategic contribution, HR delivery,  personal credibility and HR technology. All these competencies will be tested whether or not they are significantly related to a firm's performance. The sample employed here consists of HR professionals from Malaysian manufacturing companies in Johor, the southernmost state of Malaysia. The total number of firms involve in this study are 32 respondents. This study uses quantitative method such as spearmen rho correlation to test the variables. The analysis reveals that the top nine ranking HR competency factors are from the domain of personal credibility and HR delivery. The respondents' self-rated competency shows that personal communication, legal compliance, effective relationship and performance management rank above all other factors. Competencies such as strategic contribution, business knowledge and HR technology have significant correlation with firm performance.



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2. Characteristics and Perceptions of Minority Owned Businesses in a Post Katrina Environment: A Survey of Minority Owned Businesses in East Baton Rouge Parish , Richard McCline, Sung No, and Warren Byabashaja

 

Abstract :

Metropolitan Baton Rouge, Louisiana was a primary destination for thousands of New Orleanians and other residents of the gulf coast who sought refuge from the havoc and devastation caused by Hurricanes Katrina and Rita. The US census suggested that the hurricanes significantly interrupted the almost $1.0 billion dollars in revenue that was grossed by African-American owned businesses in New Orleans. The goal of this study was to establish benchmark, perceptions, and key profile characteristics of the minority owned businesses in metropolitan Baton Rouge in a post Katrina environment. These statistics and associated comments can then be used to help plan a growth agenda for the sizable and more visible  community of minority owned businesses seeking to prosper in the economic climate of this emerging metropolis which now rivals it sister city of New Orleans in terms of population and business opportunities.  The survey results establish metrics of satisfaction for the surveyed community, highlights perceptions of the general business environment and concludes with recommendations for those who are committed to supporting the growth and vitality of the small and minority owned business community.


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Previous Issue Summer 2008 Volume III, Issue II

1. E-Commerce and the Emerging Black Market.  Mark A. Scanlan


Abstract:
This paper examines the changing dynamics of E-Commerce as the racial digital divide continues to shrink.  As the fastest growing online demographic, Black consumers will soon be the target of increased interest from firms with an online presence.  Applying recent academic and governmental findings regarding the digital divide this paper outlines three key issues that need to be addressed to help attract Black consumers online.  These issues include: the need for additional online content that appeals to Black consumers, incomplete knowledge of payment systems other than credit cards that can be used for E-Commerce transactions, and heightened security and confidentiality concerns among Black Internet users.



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2. The Financial and Social Costs of Dropping Out of High School.  Danielle Lewis, Dek Terrell, and Cecile Guin

 

Abstract:
This study examines the economic cost of dropping out of school for children in Louisiana. We quantify the costs in terms of lower wages and increased propensity for criminal activity. We find that over the dropout‘s career, he/she can expect to earn $318,876 less (in 2005 $) than a high school graduate. A dropout that turns to a life of crime costs the state $1,686,816 (in 2005 $). While not all high school dropouts commit crimes, both the existing literature and this study finds that dropping out of school increases the likelihood of criminal activity. Considering the fact that not all dropouts will lead a life of crime, our estimates imply a range from $366,107 to $386,349 for the average cost of dropping out of high school in Louisiana.



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3.  The Development and Evolution of the Subprime Mortgage Crisis. Michael Tucker

Abstract:
Speculative bubbles are not new to finance and yet each time they occur, the general realization that they exist arrives belatedly. An information cascade associated with rising home prices fed by low interest mortgage and securitization created a feedback loop that led to an overextension of credit. The information cascade reversed when supply overtook demand and prices began slipping. Borrowers exercised put options rather than continue making payments on mortgages worth more than their homes. Proposed solutions to date have not adequately addressed the problem.

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4.  Financial Knowledge and Empowerment for Afrikan Americans

A Guide to Financial Planning.  Johnnie A. Mapp and Carl B. McGowan, Jr.

 

Abstract:
In this paper, a thirteen step process leading to the financial empowerment of Afrikan Americans is developed. The process is presented in three phases, each of which contains key steps that should ideally be followed in order to successfully advance to the next phase. Within the Financial Foundation phase are the five steps, developing the financial plan, establishing emergency funds, learning

to manage credit, saving and investment concepts and financial education for

children. The Building Wealth phase consists of identifying money to invest,

learning about types of investments, starting an investment club, starting a business and planning for retirement. The final phase, Protecting and Preserving Wealth, consists of identifying investment fraud, gaining familiarity with taxes and preparing important papers particularly those concerning estate planning. Implementation of these thirteen steps will lead to financial security for Afrikan Americans.

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PREVIOUS ISSUE Spring 2008 Volume III, Issue I

1. Effects of Issue Decisions on the Stock Prices in the Korean Market. Doug S. Choi 

Abstract:
The purpose of this study is to examine stock market reactions to different types of new issue decisions, i.e., debt and equity in light of Myers’ modified pecking order theory. The results of this examination will reveal if the experiences of the U.S. firms hold true in the Korean financial community. The capital structure studies incorporating recent developments in Korean market are beneficial to U.S. as well as Korean firms since many U.S. firms have become heavily involved with many Asian firms through direct and indirect investment. The asymmetric information hypothesis, supporting Myers’ modified pecking order theory, can be tested by examining market reactions to the announcement of external financing decisions.

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2.
Optimal Bookmaker Pricing and the Efficiency of the Baseball Betting Market. Michael W. Smyser 

Abstract:
The optimal pricing rules for a bookmaker in a line betting market are derived and shown to imply restrictions on the relation between win probabilities and line prices which provides a means to identify the actual pricing strategies used by professional bookmakers. Overall, our empirical results are consistent with balanced book pricing indicating that Las Vegas casinos making book on major league baseball games are not actively gambling in the market. Moreover, given balanced book pricing, our results indicate that bookmaker prices and gambling action in the baseball betting market are remarkably efficient although we do uncover some evidence suggesting that bookmakers are more adept at assessing win probabilities than the gambling public .

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Previous Issue Fall 2007 Volume II , Issue III


1. Determining Noncompetitive Import Pricing: the Case of Belgium, France, and the 
 Netherlands Imports of Ugandan Chilled Fish Fillets.
Andrew  Muhammad and Caleb
Tamwesigire

Abstract:

Although Belgium, France and the Netherlands import a significant percentage of chilled fish fillets from Uganda, results suggest no significant degree of oligopsony power is exercised. If these countries dominate fish trade with Uganda, why are prices not significantly distorted? A possible explanation is given the number of importing firms in a country, market power may not be realized unless some form of collusion is possible (tacit or otherwise). This suggests that if Ugandan firms export to a few countries the competitive price should still prevail so long as there are many importing firms within these countries.

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2. Louisiana Sexual Harassment, Albert D. Clark

Abstract:
The purpose of this paper is to give an overview of Sexual Harassment in the State of Louisiana as it affects Employment Law and to address changes in the approach used to adjudicate sexual harassment claims.

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3. Risk Properties of a Stein-Like Estimator for the Conditional Logit Model. Vera Tabakova and R. Carter Hill


Abstract:
Stein-rule estimators combine sample and nonsample information in a way that improves the precision of the estimation process or the quality of subsequent predictions.  The existing literature shows that Stein-rule estimators may lead to squared error risk improvements in the linear regression, probit, and Box-Cox models.  This paper provides comparisons of Stein-rule and maximum likelihood estimation techniques in the context of the conditional logit model. A Monte Carlo study is conducted to study the performance of the estimators in terms of squared error loss, information matrix weighted error loss and out-of-sample mean squared error of prediction.

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Previous Issue Summer 2007 Volume II , Issue II

1. Measuring Socio-Economic Disparities in the United States: A Multi-Disciplinary Approach. Eric Horent and T. Wayne Parent

Abstract:
A study that measures socio-economic disparities between Blacks and Whites in America. The study uses the most recent data available from the U.S. Census Bureau.

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2.
The Nature of the Honduran Debt and the Possible Impacts of its Debt Relief: a Vicious Cycle?  Viveca Pavon and Asli K. Ogunc  

Abstract:
In this paper we examine the Honduran debt by providing a background of its economy, explaining how the debt was accumulated, and by giving a brief overview of the relief implications.

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Previous Issue Spring 2007 Volume II, Issue I

1. AACSB International Accreditation - A Case Study of Benefits and Costs, Munir Quddus

Abstract:
This paper attempts to answer some of the questions for one business school that has recently received AACSB accreditation - The College of Business (COB) at Prairie View A&M University. It reflects on the importance of AACSB International Accreditation.

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2. Dryness, Inc.: A Teaching Case on Business Management Strategies, Lynne Patten


Abstract:
The purpose of the case study is to assist students in their understanding of the competitive environment and how to develop effective defensive strategies. The paper’s focus is on the external environment and what the competition is doing in the marketplace.

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3. A Study of the Impact of Firm Size on Peer Review Findings, Herbert Vessel

Abstract:

This study explores the potential relationship between the size of the accounting firm and the level of peer review findings that may be uncovered during peer reviews. The study also investigates whether peer reviews appear to be applied uniformly across states.

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PREVIOUS  ISSUE FALL 2006 VOLUME I, ISSUE III

1. A Course-Embedded Approach to Assessing Student Learning for the Business Major. Claude R. Superville

Abstract:
This article provides a theoretical framework for assessing student learning in undergraduate finance, marketing, management, and accounting programs.

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2. Deceptive Online Marketing Practices: A Pedagogical And Practical Look at Internet  Fraudulent Activities with Teaching Notes. Jamie Pleasant

Abstract:
This paper is offered as a pedagogical and practical overview of several of the Internet marketing scams that exist on the world wide web.

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3. Options for Financing Infrastructural Facilities in Rural Counties - A Discussion, Mona Ray

Abstract:
This paper offers a general discussion on various methods of financing techniques that rural counties can adopt to foster economic development in their local communities.

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Previous Issue Summer 2006 Volume I, Issue II
 

1. Internal Reporting Education In The Information Age, Eugene J. Calvasina, Gerald E. Calvasina, O. Ronald Gray, Richard V. Calvasina

Abstract:
A study on the education or training in internal reporting that business students receive and are required to take in managerial /cost accounting and accounting information system courses.

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2. Disaster and Black Business Development: Recovering from Katrina, Donald R. Andrews, Andrew Muhammad, Ashagre Yigletu, and Albert Clark


Abstract:
The primary goal of this paper is to provide information and suggestions for the reestablishment of the small and minority businesses in the New Orleans area that were dislocated by hurricanes Katrina and Rita.

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Previous Issue Spring 2006 Volume I, Issue I

1. Flashbacks of Moot Court and The Ivory-billed Woodpecker, Albert Clark

Abstract:
A short historical look back at contributory and comparative negligence as it applies to Louisiana Case Law.

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2. Theoretical Determinants of Catholic Annulment Rates in the United States. Will Carrington Heath, Melissa S. Waters, Rand W. Ressler


Abstract:
We present an economic model explaining variations in Catholic annulment rates. The supply-side theory of religion focuses on religious competition as a determinant of annulments, and we propose demand-side determinants using the standard theory of consumer choice which assumes maximizing behavior under constraints.

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3. EMR Implementation: A case of Medium and Small Physician Practices. Vijaya Subrahmanyam, Steve J. Simon, and Verughese Jacob


Abstract:
Given that there is increasing pressure to use information technology in physician practice, small and medium practices are not adopting them at a rapid pace. This research looks into a medium and a small practice to examine financial and non-financial considerations that may impact the decision to implement electronic medical records in small and medium practices. The financial considerations show that while it is definitely beneficial to implement such a system in a medium sized practice, the financial benefit may be marginal for small practice. Factoring in non-financial factors, the decision may not always be appealing to small physician practices.

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