Template-Type: ReDIF-Article 1.0
Author-Name: Laetitia Pozniak
Author-Name: Perrine Ferauge
Author-Name: Laurent Arnone
Author-Name: Angy Geerts
Title: DETERMINANTS OF INTERNET CORPORATE
SOCIAL RESPONSIBILITY COMMUNICATION
Abstract: The goal of this research is to identify determinants of internet Corporate Social Responsibility communication of 41 Belgian companies. Using a content analysis and scoring technique, this paper estimates the degree of website information disclosure of companies' involvement with corporate social responsibility. This score is then regressed via Ordinary Least Square (OLS) on variables presented in the literature as determinants of firm internet communication and led to the formulation of our research hypotheses. The results indicate that the firm size and listed status are positively related to the level of Corporate Social Responsibility communication trough the web. In contrast, profitability age of the firm and sector are not significant. 
Classification-JEL: C31, M14, M15, M31, O32
Keywords: Communication, Internet, Corporate Social Responsibility, Web
Journal: Global Journal of Business Research
Pages: 1-14
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-1.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:1-14

Template-Type: ReDIF-Article 1.0
Author-Name: Hsiang-Lan Chen
Title: INTERNATIONALIZATION IN TAIWANESE FAMILY FIRMS
Abstract: This paper studies the corporate internationalization decision of family firms and the effect of family ownership on internationalization. Using a panel data set of manufacturing firms listed on the Taiwan Stock Exchange during 2000–2007, the empirical results indicate that internationalization is positively
and significantly related to family firms and family ownership. The findings suggest that, compared with non-family firms, family firms are more likely to internationalize. Additionally, compared with firms with lower family ownership, firms with higher family ownership are more likely to go international. The
evidence is consistent with the argument that family firms may confer some unique features, and these features enable them to undertake risky, but profitable, internationalization. 
Classification-JEL: F23; G32; G34
Keywords: Family firms, family ownership, family board of directors, internationalization.
Journal: Global Journal of Business Research
Pages: 15-23
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-2.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:15-23

Template-Type: ReDIF-Article 1.0
Author-Name: Yin-Ching Jan 
Title: STRATEGIC INVESTMENT IN TAIWAN CHAIN AND FRANCHISE STORES: A REAL OPTIONS AND GAME-THEORETIC APPROACH
Abstract: The purpose of this study is to examine and demonstrate the strategic investment decisions faced by Taiwan’s chain and franchise store enterprise. We show that incorporating an abandonment option to strategic timing in a game-theoretic real option approach makes the approach more complete and accurate. The results show that the chain and franchise store industry favors large companies, a finding consistent with economies of scale. The demonstration also provides practitioners a step-by-step guideline for analyzing dynamic investment strategy in the chain and franchise store industry. 
Classification-JEL: G31
Keywords: Abandonment option; Chain and franchise store; Game-theoretic real options.
Journal: Global Journal of Business Research
Pages: 25-37
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-3.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:25-37

Template-Type: ReDIF-Article 1.0
Author-Name: Yuriy Timofeyev
Title: HOW CORRUPTION AFFECTS SOCIAL EXPENDITURES: EVIDENCE FROM RUSSIA
Abstract: This paper clarifies the main theoretical issues of corruption. An estimate and branch analysis of corruption in Russia is offered. The research concentrates on effects produced by corruption on social expenditures. The analysis demonstrates how corruption influences the poverty situation after social transfers and on the general efficiency of social payments. Using the European Commission method and a corrected method, indicators of efficiency of social spending are calculated for Russia. Also, the existence of correlation between efficiency of social spending and corruption perception index calculated by Transparency International Agency is estimated for European Union countries and Russia. A few policy recommendations aimed at controlling corruption in modern Russia and optimization of public
expenditures are offered. 
Classification-JEL: C12, C43, D73, G18, H5, I38, O57, P37
Keywords: Corruption, public expenditures, quantity effect, allocation effect, Russia
Journal: Global Journal of Business Research
Pages: 39-51
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-4.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:39-51

Template-Type: ReDIF-Article 1.0
Author-Name: Peter Harris
Title: SHOULD LAST IN FIRST OUT INVENTORY VALUATION METHODS BE ELIMINATED?
Abstract: The Last in First out Method (LIFO) is presently under severe scrutiny from the financial community which may soon culminate in its repeal as an acceptable accounting method. There are pressures from the SEC in conjunction with the International Financial Accounting Standards Board to standardize accounting standards worldwide. In addition, there is political pressure imposed by the US Obama administration to raise additional revenues. Both groups strongly oppose LIFO, raising a strong possibility that’s its complete elimination as an accounting method will occur by as early as 2014. Are these groups correct in their negative assessment of LIFO? This paper examines critically the many disadvantages of LIFO. Ultimately, the author theorizes that these negatives may collectively explain the observed research findings of the inverse relationship between LIFO adoption and firm value. The elimination of LIFO which seems imminent may result in a win-win situation for all; as the negative and added costs of LIFO may well exceed its tax advantage, resulting in greater cash flow for the firm,
while allowing for the standardization of worldwide accounting standards and raising additional tax
revenue for the US government. 
Classification-JEL: M4, M40, M41, M48, M49.
Keywords: GAAP, IFRS, LIFO, LIFO, LIFO Conformity LIFO Reserve, FIFO.
Journal: Global Journal of Business Research
Pages: 53-67
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-5.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:53-67

Template-Type: ReDIF-Article 1.0
Author-Name: Francisco Sousa Fernandez
Author-Name: María Mercedes Carro Arana 
Title: EPS DIFFERENCES USING DIFFERENT EARNINGS MEASUREMENT METHODS EVIDENCE FROM SPAIN
Abstract: This paper examines how EPS differs when calculated using two different measures of income: net income and comprehensive income. To examine how the measures differ in practice Spanish companies listed on the IBEX-35, during the period 2004-2008 are examined. This period covers a time of serious financial crisis. The Wilcoxon Signed-Rank Test was used to identify differences. The results show statistically significant differences in EPS depending upon calculation method for three of the years studied. Results in 2008 are specifically noteworthy. The evidence suggests a new dimension in fundamental analysis. 
Classification-JEL: G00, G01, M41
Keywords: Earnings per Share, comprehensive income, net income, international accounting, Spanish companies, IBEX-35
Journal: Global Journal of Business Research
Pages: 69-81
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-6.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:69-81

Template-Type: ReDIF-Article 1.0
Author-Name: Susan J. Kowalewski 
Author-Name: Lauren Waukau-Villagomez
Title: STORYTELLING AND CAREER NARRATIVES IN ORGANIZATIONS
Abstract: Storytelling has a history as old as Aristotle and many cultures today have an oral tradition. Children grow up with stories, golfers entertain with accounts of wins and losses on the course, parents use them to regale the good old days. The use of storytelling in organizations has experienced significant growth during the last decade assisting in change management, formulation of short and long term strategy formation, and rightsizing (to name a few functional areas). This paper presents a brief history of storytelling, the uses in organizations, as well as an explanation of career narratives and how they can be utilized by both individuals and organizations to tell their story. 
Classification-JEL: Z00
Keywords: storytelling, career narratives, organizations, Native American
Journal: Global Journal of Business Research
Pages: 83-92
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-7.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:83-92

Template-Type: ReDIF-Article 1.0
Author-Name: Hussein Tarraf 
Title: THE ROLE OF CORPORATE GOVERNANCE IN THE EVENTS LEADING UP TO THE GLOBAL FINANCIAL CRISIS: ANALYSIS OF AGGRESSIVE RISK-TAKING
Abstract: This paper seeks to explain how failures in corporate governance contributed to the global financial crisis. More precisely, it studies how the current corporate governance systems failed to safeguard against aggressive risk taking and to provide the control that companies need in order to promote sound
business practices. This paper concludes that aggressive risk taking, a corporate governance aspect, was a major cause of the 2007-2008 financial crisis. Inadequate risk management by executives and boards of directors is to be blamed for the credit market collapse and resulting financial crisis. This paper identifies three elements- improper incentive system, rationalization and opportunity- that encouraged managers in financial institutions to engage in aggressive risk taking. This paper contributes directly to understanding what went wrong in the corporate governance system based on a review of the literature. It introduces recommendations to deal with aggressive risk taking behavior in order to avoid future crisis. The outcomes of the study are directly relevant to the corporate decision-makers where the
recommendations are tangible and presented in ways that decision-makers could implement. 
Classification-JEL: G01; G30; G32; G38
Keywords: Financial crisis, corporate governance, risk management
Journal: Global Journal of Business Research
Pages: 93-105
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-8.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:93-105

Template-Type: ReDIF-Article 1.0
Author-Name: Candace Blayney
Author-Name: Karen Blotnicky 
Title: THE IMPACT OF GENDER ON STRATEGIC TYPOLOGY IN THE HOTEL INDUSTRY IN CANADA
Abstract: This research explores the impact of gender on managerial styles, especially the strategic typology employed by hotel managers in Canada during economic stressful times. Miles and Snow’s strategic typology framework of defender, prospector, analyzer and reactor was employed and explored by gender. Also, performance was examined by strategic typology to determine any relationships. Findings in this study were women hotel managers used the defender strategy and men used the analyzer strategy. There were no statistically significant findings on which strategy was best for performance. Implications of this study and further research are discussed. 
Classification-JEL: J1; J16; M1; M12
Keywords: gender, management, strategy, hotels, Canada
Journal: Global Journal of Business Research
Pages: 107-117
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-9.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:107-117

Template-Type: ReDIF-Article 1.0
Author-Name: Chien-Lei Chao
Author-Name: Yen-Lien Hsu
Author-Name: Hsing-Yun Chang
Author-Name: Hsueh-Ying Wu
Author-Name: Tzu-Yi Yang 
Title: EMERGENT NEEDS OF DEPRESSION CARE FOR OLDER ADULTS: EVIDENCE FROM TAIWAN
Abstract: The over 65 age group continues to grow at an unprecedented rate. Few care delivery systems accommodate this expanding population through home and community-based services that enhance quality of life. With more and more aging people in the society, there are many issues that need to be addressed. Soaring competition among senior-care operators has led to escalating consumer demands on performances, driving the industry to become more customer-oriented. The purpose of this quantitative phenomenological study was to explore the lived experiences and generational-based perspectives of senior residents live in senior-care organizations in the southern Taiwan to examine current and future influences on senior care delivery systems. The authors examined the relationship based on Parasuraman,
Zeithmal and Berry’s SERVQUAL ten dimensions. Multiple regression was conducted to test the relationships. The statistical results showed that access, competence, courtesy, and responsiveness are significantly and positively related to customer satisfaction. This finding, among others, suggests that senior-care operators in the southern Taiwan might have overlooked the above mentioned four dimensions as factors leading to customer satisfaction and, ultimately, to a sustainable competitive edge.   
Classification-JEL: M16; M5; I11
Keywords: Elder care, satisfaction, assisted living facilities, emerging market
Journal: Global Journal of Business Research
Pages: 119-129
Volume: 5
Issue: 4
Year: 2011
File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v5n4-2011/GJBR-V5N4-2011-10.pdf
File-Format: Application/pdf
Handle: RePEc:ibf:gjbres:v:5:y:2011:i:4:p:119-129