Template-Type: ReDIF-Article 1.0 Author-Name: Wannapa Luekitinan Title: Employability and Job Mobility: Critical Skills for New Graduates in ASEA Abstract: This paper explores the level of student employability skill, and identifies factors that influence international mobility. The findings would help forecast employment trajectories of new graduates in the Southeast Asia labor market. The information will be especially useful for seven professional occupations including doctors, engineers, nursing, architecture, accountants, dentists, and surveyors. The sample sizes were 278 new graduates of five occupational programs; nursing, accountancy, engineering, doctor, and surveying, from Burapha University in 2012. The findings revealed that most respondents were male and graduated from engineering programs. We consider the intention of these new graduates to work aboard. The proportion of new graduates who have plans to work aboard and who have not was quite indifferent. Countries which new graduate would primarily expect to work in were Singapore, Malaysia, and Brunei. For graduates, self-assessed employability skill readiness for Southeast Asia labor market, the personal trait ranked first. Moreover, the most influential factor of new graduate job mobility was work experience, followed by higher wages, gaining promotions, life enhancement, and family concerns. Classification-JEL: M16, M50, M54 Keywords: Employability, Job Mobility, International Mobility, New Graduates, Labor Market, ASEAN Journal: Global Journal of Business Research Pages: 1-8 Volume: 8 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v8n5-2014/GJBR-V8N5-2014-1.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:1-8 Template-Type: ReDIF-Article 1.0 Author-Name: Andree Swanson Author-Name: Paula Zobisch Title: Emotional Intelligence Understanding Among Real Estate Professionals Abstract: Having competency in emotional intelligence has proven to be an effective skill leading to an individual’s overall success in the workplace. When working with real estate clients, awareness and proper application of emotional intelligence could benefit the realtor by meeting the needs of their clients. An online survey instrument was distributed through social media (Linkedin and Facebook). The survey addressed 17 questions ranging from the acknowledgement of the rules of engagement to denoting an agent’s gender. Eighteen real estate professionals participated in the study. Survey results supported the conclusion that an awareness of emotional intelligence among licensed real estate professionals exists, and realtors could be trained on the topic of emotional intelligence. By noting the benefits of being aware of emotional intelligence and providing the appropriate application training, increased financial returns for the agent and greater customer satisfaction may be achieved. Classification-JEL: M00, Z00 Keywords: Emotional Intelligence, Real Estate Professionals, Realtor Journal: Global Journal of Business Research Pages: 9-16 Volume: 8 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v8n5-2014/GJBR-V8N5-2014-2.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:9-16 Template-Type: ReDIF-Article 1.0 Author-Name: Kwame Owusu Kwateng Author-Name: Bernice Debrah Author-Name: Daniel Vroom Parker Author-Name: Reginald Nana Owusu Author-Name: Hilda Prempeh Title: Reverse Logistics Practies in Pharmaceutical Manufacturing Industry: Experiences from Ghana Abstract: This paper examines reverse logistics practices in the pharmaceutical manufacturing industry in Ghana. The sample were selected on hierarchical levels using stratified sampling methods. With a 100% response rate, data gathered from both primary and secondary sources were analyzed using quantitative and qualitative techniques. The research revealed a gap in the flow of reverse logistic activities; from drug returns to its disposal. Most returns were from wholesalers with the end consumer playing little or no role. Drugs were frequently disposed of by burning in open containers or through open uncontrolled nonengineering dumps. However such practices are recommended as a last resort in the extant literature. We recommend adoption of an enterprise system such as enterprise resource planning (ERP) for drugs reverse logistics activities and implementation of an efficient method for drug disposal by pharmaceutical manufacturing companies in Ghana. Classification-JEL: M11, M19, I10 Keywords: Reverse Logistics, Supply Chain, Waste Disposal, Pharmaceutical Industry, Ghana Journal: Global Journal of Business Research Pages: 17-26 Volume: 8 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v8n5-2014/GJBR-V8N5-2014-3.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:17-26 Template-Type: ReDIF-Article 1.0 Author-Name: Ai-Chi Hsu Author-Name: Show-Yen Lai Author-Name: Lien-Hui Chao Title: Information Transmission Effects between A and H Dual Listing Shares Abstract: The current study, taking A and H dual listing shares as the participants, aimed to investigate the effect of China’s opening-up policy on the information transmission among dual listing shares. The results indicated that China’s opening-up policy strengthened the integration of dual listing share and attracted more companies to collect funds via dual listing, making information transmission more frequent. Overall, with policies gradually unfolded, the co-movement between A and H shares grew closer, leading to the consistency in price discovery contribution ratio of A and H dual share markets. On the other hand, regression was employed to analyze factors resulting in the price difference of A and H stocks. The results revealed that information asymmetry was the most significant factor, followed by liquidity and exchange rate. Classification-JEL: C32, G18 Keywords: A Shares, H Shares, Dual Listing, Price Discovery, Information Share Model Journal: Global Journal of Business Research Pages: 27-40 Volume: 8 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v8n5-2014/GJBR-V8N5-2014-4.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:27-40 Template-Type: ReDIF-Article 1.0 Author-Name: Rogelio J. Cardona Author-Name: Karen C. Castro-Gonzalez Title: A Comparative Analysis of Reverse Mortgages: Evidence from Puerto Rico and the United States Abstract: This paper is a comparative and descriptive analysis of reverse mortgage loans originated in the United States and Puerto Rico from 2010 to 2012 and examines whether differences exist between both jurisdictions and the possible reasons for the latter. The study also compares the average profile of a reverse mortgage borrower in the United States and Puerto Rico. The number of new reverse mortgages generated in the United States and in Puerto Rico decreased from 2010 to 2012. However, during that same time period, the interest rate charged in Puerto Rico on reverse mortgages was higher than in the United States. There was also a reduction in the age of the average borrower. The distribution or the uses of the borrowed funds in Puerto Rico is consistent with prior studies performed in the United States. Classification-JEL: G21, H31 Keywords: Reverse Mortgages, Home Equity, Elderly Consumers, Home Equity Conversion Mortgage Journal: Global Journal of Business Research Pages: 41-57 Volume: 8 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v8n5-2014/GJBR-V8N5-2014-5.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:41-57 Template-Type: ReDIF-Article 1.0 Author-Name: Hehdi Hojjat Title: Is a Brighter Future Waiting for the U.S. Current Account Balance Abstract: This article uses cross sectional and times series data to forecast the U.S. current account balance and projects that the U.S. will have a surplus in that account in less than 10 years. This improvement will happen with the help of the energy sector; however, trade, service and income accounts will be also contributing. Both cross sectional and time series projections display a rather robust outlook for the U.S. current account balance. These predictions shatter many glooms and doom scenarios about the overreliance of America on Chinese capital to finance its deficit. By 2020, the U.S. could be in a position to actually finance the deficit of other countries. Classification-JEL: M, F13 Keywords: Current Account Balance, U.S. Trade Deficit, Balance of Payments, Cross Sectional Analysis of Trade Data Journal: Global Journal of Business Research Pages: 59-71 Volume: 9 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v8n5-2014/GJBR-V8N5-2014-6.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:59-71 Template-Type: ReDIF-Article 1.0 Author-Name: America I. Zamora-Torres Title: Countries' Competitiveness on Innovation and Technology Abstract: Innovation and technology are main sources of competitiveness. This study addresses two research questions. First, which economies are competitive in terms of innovation and technology? Second, what are the variables that determine competitiveness in innovation and technology? Analysis of Factorial of Correspondences (AFC), through the analysis of principal components methodology, is employed in this article. The analysis is divided into five phases as follows: a) reliability testing, b) the calculation of a matrix that expresses the joint variability of the variables, c) extraction of the optimal number of factors, d) the rotation of solutions for the ease of interpretation, e) estimation of the scores graphically, and f) determination of the competitiveness index. Classification-JEL: O31, O32 Keywords: Innovation, Technology, Competitiveness, AFC, Multivariate Analysis Journal: Global Journal of Business Research Pages: 73-83 Volume: 8 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-89n-2014/GJBR-V8N5-2014-7.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:73-83 Template-Type: ReDIF-Article 1.0 Author-Name: Ming-Min Lo Author-Name: Gong-Liang Tang Author-Name: Cheng-Yih Hong Author-Name: Jian-Fa Li Title: The Taxation Effects of Tourism Under Aviation Deregulation in a Small Open Economy Abstract: In the past four years, Chinese tourists’ consumption in Taiwan has contributed to the Taiwanese economy. However, there is a limited literature documenting the actual tax effects under the aviation deregulation. Based on the models established by Leontief (1966) and Miyazawa (2002) and by adding the effective tax rate, which is employed by the Japan National Tourism Organization (2010), the present study measures the indirect tax, the personal income tax, and the corporate income tax resulting from the change in the transport policy. This allows us to get better understanding the tax effects of the change in a transport policy. The empirical results show that the total tax revenue of the aviation deregulation generated for US$1,047.3164 million, equivalent to the total tax revenue of 1.78% in 2011 in a small open economy. The indirect tax revenue, the personal income tax revenue and the corporate income tax revenue accounted for 0.76%, 0.81%, 0.21%, respectively. As for the industrial sector, the tax revenue from the service-related industry is US$939.7126 million, which accounts for up to 89.73% of the total tax revenue under the aviation deregulation. Classification-JEL: H29, R28, R38 Keywords: Aviation Deregulation; Effective Tax Rate, Tax Revenue Effect Journal: Global Journal of Business Research Pages: 85-96 Volume: 8 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v9n5-2014/GJBR-V8N5-2014-8.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:85-96 Template-Type: ReDIF-Article 1.0 Author-Name: Li-Hua Lin Author-Name: Szu-Hsien Lin Author-Name: Yi-Min Lin Author-Name: Chun-Fan You Title: The Analysis of Company Liquidity A Using Cash Conversion Cycle Application: Evidence from Taiwan Abstract: It is important to determine whether firms realize assets within a short period to settle liabilities when the debts are due. Most common indicators used to measure liquidity are the current and quick ratios. However, the cash conversion cycle period (CCC) may be a better approach. This study chooses two Taiwan companies in food industries: a listed company (Uni-President) and a delisted company (Tsin Tsin) to compare performance based on liquidity indicators. We examine financial data of the two companies from 1996 to 2005 (Tsin Tsin was delisted in 2006), to calculate their current ratio, quick ratio and cash conversion cycles. The research results show that CCC indicators better reflect the company's actual short term debt-paying ability and liquidity. Classification-JEL: G33, G34 Keywords: Liquidity, Working Capital, Current Ratio, Cash Conversion Cycle Journal: Global Journal of Business Research Pages: 97-103 Volume: 8 Issue: 5 Year: 2014 File-URL: http://www.theibfr2.com/RePEc/ibf/gjbres/gjbr-v8n5-2014/GJBR-V8N5-2014-9.pdf File-Format: Application/pdf Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:97-103