Faculty Research Activity

Economics Department Working Papers

Research Publications

Archived, by department, 2004-05

September 2006

Published Papers
Presentations

Refereed Journal Articles in Print

Bob Peace

"Accountants and a Religious Covenant with the Public", Critical Perspectives on Accounting, September 2006, pp. 781-797. 
This paper encourages accounting professionals to consider adopting the Biblical concept of covenant when representing their clients and reporting financial information to the public. Covenant is introduced as an ideal, something to strive for, that could improve an accountant's perception of his/her work. It might also improve the public's perception of the accounting professional's role in society. Establishing a covenantal relationship with the public could foster a concern for those most in need of professional services and least able to obtain professional representation.

Other Publications

Robert Clark

Robert Clark and Madeleine d’Ambrosio (eds.), The New Balancing Act in the Business of Higher Education, Northhampton, MA: Edward Elgar Publishing, 2006.

Robert Clark and Madeleine d’Ambrosio, “Walking the Financial Tightrope: Balancing Costs and Revenues with Commitment to Mission,” in Robert Clark and Madeleine d’Ambrosio (eds.), The New Balancing Act in the Business of Higher Education, Northhampton, MA: Edward Elgar Publishing, 2006, pp. 3-17.

Bob Peace

"Accountants and a Religious Covenant with the Public", Critical Perspectives on Accounting, September 2006, pp. 781-797. 

Roby Sawyers

"Significant Recent Developments in Estate Planning," by Roby B. Sawyers and Vinu Satchit, The Tax Adviser, September 2006, pp. 540 - 545.

Lorraine Wright

Lorraine M. Wright, LeAnn Luna, Michael Brown, Katrina Mantzke, Ralph B. Tower, "State Tax Amnesties: Forgiveness Is Divine -- and Possibly Profitable" in State Tax Notes, Vol. 41, No. 8, August 21, 2006. p. 497-511.

Presentations

David Flath

David Flath presented "Parallel Imports and the Japan Fair Trade Commission" at Harvard University Resichauer Institute of Japanese Studies, September 29.

Ann McFadyen

Levitas, E.F. & McFadyen, M.A., “Managing liquidity in research-intensive firms: Signaling effects of patents and managerial ownership,” Presentation at the Annual Meeting of the Academy of Management, Atlanta, GA BPS division, August 2006 Awarded - Best Paper Proceedings

Ray Palmquist

"Hedonic Property Values Methods," presented at U.S. EPA's Office of Policy, Economics, and Innovation and the Office of Solid Waste and Emergency Response workshop on "Methods for Estimating the Social Benefits of EPA Land Clean Up and Reuse Programs," Sept.28-29.  Ray also served on an expert panel at the conference. 

August 2006

Accepted Papers
Published Papers
Presentations

ACCEPTED PAPERS

Bob Clark

Robert Clark, Naohiro Ogawa, Sang-Hyop Lee, and Rikiya Matsukura, “Older Workers and National Productivity in Japan,” Population and Development Review, forthcoming.

Japan provides an interesting opportunity for a case study of retirement decisions and their effect on productivity and growth.  Japan has the most rapidly aging population in the world and one of the highest life expectancies.  Despite rapid economic development, a mature social security system, and the wide spread use of mandatory retirement, the proportion of Japanese who remain in the labor force at older ages is relatively high.  In this paper, we examine the retirement decisions of a cohort of older Japanese who were aged 65 and older in 1999 employing data from the first two waves of the Nihon University Japan Longitudinal Study of Aging (NUJLSOA).  Combining the findings from the NUJLSOA with several other national surveys, we investigate the potential impact of institutional changes in employment and retirement policies on the potential for keeping older workers in the labor force as a means of sustaining the work force in the coming decades.  If health status continues to improve and life expectancy at age 60 continues to increase, we would expect that more Japanese over the age of 60 will desire to remain in the labor force.  However, changes in industrial relations policies are needed to accommodate the desire for prolonged worklife.  Evidence suggests that elimination of employment restrictions that currently confront older workers and already legislated changes in social security benefits will raise the employment rates of older persons.  Increases in the proportion of persons age 60 and older provides the opportunity for Japan to offset the projected declines in its labor force.

Rikiya Matsukura, Naohiro Ogawa, Robert Clark, Kazuo Nemoto, and Katsuya Akaike, "Japan’s Changing Demographic Structure and Its Employment Status Patterns," The Japan Economy, forthcoming.

Japan's economic development has been achieved through a demographic structure characterized by total fertility rate decline and increasing longevity. These changes in the demographic structure have had an impact on such factors as economic growth, savings rates, and labor productivity, and have helped Japan grow. However, as the pace of population aging accelerates due to birth rate decline, and the workforce population decreases, there are concerns that economic growth could suffer.  This report uses data from the Employment Status Surveys conducted from 1982 to 2002 to study the potential pool of workers that will be able to sustain Japan's workforce over the next 10 years.

Robert Clark and Lee Craig, “A History of Employer Pension Plans,” Financial History, forthcoming.   No abstract available. 

Eileen Taylor

Neset Hikmet, Eileen Taylor, and Christopher J. Davis, “The Student Productivity Paradox: Technology Mediated Learning in Schools,” Communications of the Association for Computing Machinery (CACM).  No abstract available. 

Walt Wessels

"A Test of the Increment-Decrement Method of Estimating Worklife," Journal of Forensic Economics. 

This paper compares the actual duration of persons in the labor force with the duration predicted by the increment-decrement (ID) method. The ID method was developed by Hoem 1977, Smith 1982, and others for estimating how long people will be in the labor force, either working or looking for work. The ID method predicts that by observing whether someone is in or out of the labor force at a point in time, one can predict, with its methodology, how many years they are likely to subsequently be in the labor force. This paper uses longitudinal data to test the validity of the ID methodology. It finds that the actual duration of those initially in the force (called “actives”) is sizably longer those who were initially inactive. Further, more importantly, the actual years in the labor force for both actives and inactives are close to what the ID methodology predicts.

OTHER PUBLICATIONS

Bob Clark

Rikiya Matsukura, Naohiro Ogawa, Robert Clark, Kazuo Nemoto, and Katsuya Akaike, Japan’s Changing Demographic Structure and Its Employment Status Patterns, Tokyo: Nihon University Population Research Institute, published in Japanese.

Robert Clark, Naohiro Ogawa, and Andrew Mason (eds.), Population Aging,Intergenerational Transfers and the Macroeconomy, Camberley, UK: Edward Elgar Publishing, forthcoming.

Robert Clark, Naohiro Ogawa, and Rikiya Matsukura, “Population Aging, Changing Retirement Policies, and Lifetime Earnings Profiles,” in Robert Clark, Naohiro Ogawa, and Andrew Mason (eds.), Population Aging,intergenerational Transfers and the Macroeconomy, Camberley, UK: Edward Elgar Publishing, forthcoming.

David Hyman

David N. Hyman, ECONOMICS, Interactive 6th Edition, (dotlearn.com)

PRESENTATIONS

Ted Baker

Tim Pollock, Ted Baker & Bret Fund. "Learning to Govern? Venture Capitalists and the Replacement of Founder-CEOs in IPO Firms" Versions of this paper were presented at: Academy of Management Annual Meeting, Atlanta, GA, August, 2006; “Breaking Boundaries,” First Annual London Business School Entrepreneurship Conference, London, England, May, 2006; Second Annual Smith Conference on Innovation and Technology, College Park, Maryland, April, 2006.

Yan Gong, Ted Baker & Anne S. Miner. Learning from Failure in Knowledge-Intensive New Firms, Academy of Management Annual Meeting, Atlanta Georgia; August, 2006.

Ted Baker. Emerging themes in Entrepreneurship Research.  Invited presentation from the Entrepreneurship Division Research Committee. Academy of Management Annual Meeting, Atlanta Georgia; August, 2006.

Ted Baker. Entrepreneurship under Resource Constraints. Professional Development Workshop Seminar. Academy of Management Annual Meeting, Atlanta Georgia; August, 2006.

Joe Brazel

“What Can Nonfinancial Measures Tell Us About the Likelihood of Fraud?” with Keith Jones and Mark Zimbelman. Presented at the 2006 AAA Annual Meeting, Washington, D.C.

“The Effect of Audit Review Format on the Quality of Workpaper Documentation and Reviewer Judgments,” with Christopher P. Agoglia and Richard C. Hatfield. Presented at the 2006 AAA Annual Meeting, Washington, D.C.

“The Effect of ERP System Implementations on the Usefulness of Accounting Information,” with Li Dang. Presented at the 2006 AAA Annual Meeting, Washington, D.C.

Bob Clark

“Population Aging, Changing Retirement Policies, and Lifetime Earnings Profiles,” at Population Aging, Intergenerational Transfers, and the Macroeconomy, Tokyo, June 26-28, 2006.  Conference sponsored by Nihon University Population Research Institute, East-West Center, Institute for Futures Studies, Vienna Institute of Demography, and Harvard Center for Population and Development Studies.

“Social Security in Asia,” at National Transfer Accounts Workshop, Tokyo, August 17-23.  Workshop sponsored by the Nihon University Population Research Institute and the United Nations Population Fund.

Steve Margolis

Steve Margolis, "The Profits of Infringement: Richard Posner v. Learned Hand." 5th  Annual Congress of the Society for Economic Research on Copyright Issues, Singapore, June 2006.   He also chaired a session titled Copyright Law Parameters.

Art Padilla

Art Padilla, “Cuban Culture and Castro’s “Destructive Leadership Style,” presented at Raleigh International Spy Conference, August 2006; also broadcast on C-SPAN.  

Bob Peace

Bob Peace, "The Influence of an Undergradaute Major on the Moral Development of Graduate Students in a Professional Graduate Degree Program" at the International Perspectives on Accounting Conference in Wales in July and the American Accounting Association annual meeting in Washington, DC  August 8, 2006

Denis Pelletier

Denis Pelletier and William McCausland, “Drawing Stochastic Volatility,” Seminar on Bayesian Inference in Econometrics and Statistics, April 28-29, 2006 University of Iowa; also presented at Financial Econometrics Conference, May 5-6, 2006, Montreal

Denis Pelletier, with Peter Christoffersen, and Jeremy Berkowitz, “Evaluating Value-at-Risk Models with Desk-Level Data” North American Summer meeting of the Econometric Society, June 22-25, 2006, Minneapolis, MN

John Seater

John Seater and Pietro Peretto, "Augmentation or Elimination?" DEGIT XI (Dynamics, Economic Growth, and International Trade; eleventh annual conference) Jerusalem, Israel, 25-27 June
           
Beverly Tyler

Lawson, B., Tyler, B.B., and Cousins, P.D. (2006). “Social Capital Effects on Relational Performance Improvement: An Information Processing Perspective.” Presented at the Academy of Management Annual Meeting. Atlanta, Georgia. Accepted for publication in the Academy of Management Best Paper Proceedings.

Appleyard, M.M., Tyler, B.B., Wang, C.Y., and Garten, D. (2006). “Managing R&D Alliances in the Presence of Knowledge Fusion.” Presented at the Academy of Management Annual Meeting. Atlanta, Georgia.

Bercovitz, J, and Tyler, B.B. (2006). “Contracting between Corporate Sponsors and Academic Researchers.” Presented at the Academy of Management. Atlanta, Georgia.

Paul Williams

Sara Reiter and Paul F. Williams, "Sarbanes-Oxley and the Accounting Profession: Public Interest Implications," presented at the American Accounting Association 11th Annual Ethics Research Symposium, Washington, D.C., August 5, 2006.  Abstract published in proceedings.

Paul F. Williams, Greg Jenkins and Laura Ingraham, "The Winnowing Away of Behavioral Accounting Research in the U.S.: The Process of Anointing Academic Elites," presented at the American Accounting Association annual meeting, Washington, D.C. August 9, 2006; abstract published in proceedings.

July 2006

Accepted Papers
Published Papers
Presentations

Accepted Refereed Journal Articles

Lynda Aiman-Smith
Goodrich, N. & Aiman-Smith, L. Discovering the Jobs Your Most Important Customer Wants Done: The Value Innovation Process at Alcan Pharmaceutical Packaging, Research Technology Management. This case study reports how Alcan Pharmaceutical Packaging assessed their value innovation, recognized that to be successful they needed to develop a customer-centric innovation process that could be used by the whole organization, and launched a twelve-step process to develop innovation-opportunity insight with customers across the value chain.

Karen Nunez
“Electric Utility Deregulation: Stranded Costs vs. Stranded Benefits,” Journal of Accounting and Public Policy This study re-examines the electric utility market value-book value relation in light of the changing regulatory climate. The change in the market value-book value relation is examined by comparing the market-to-book ratio in the post-regulatory period to the regulatory period. Additionally, this paper compares the stock market’s valuation of electric utility stranded costs (above market costs) to stranded benefits (below market costs). This paper demonstrates that electric utility market value and book value are no longer aligned. Additionally, this paper extends the research on deregulatory effects by documenting a differential market response to estimated stranded costs versus stranded benefits.

Glenn Voss
Seiders, Kathleen, Glenn B. Voss, Andrea L. Godfrey, and Dhruv Grewal, “SERVCON: Development and Validation of a Multidimensional Service Convenience Scale,” Journal of the Academy of Marketing Science.
As customers have demanded greater convenience in service exchanges, researchers have responded by incorporating the convenience construct into their conceptual models and empirical studies, but a comprehensive, formally validated measure of convenience is lacking. This study conceptualizes service convenience as a second-order, five-dimensional construct that reflects consumers’ perceived time and effort in purchasing or using a service. The service convenience dimensions are salient at different stages of the purchase decision process. Given this conceptualization, the study presents the development and validation of the SERVCON scale, a comprehensive instrument for measuring service convenience. We demonstrate the
independence of the five dimensions within a nomological network that illustrates distinct antecedent and consequent effects. Results reinforce the multidimensional representation, offering insight into the distinctive relationships between each service convenience dimension and antecedents, such as competitive intensity, and consequences, such as repurchase behavior. The findings can help researchers and managers understand a fully conceptualized convenience construct and facilitate the measurement of convenience in future empirical studies.

Richard Warr
“S&P500 Listing Effects: A Horse Race of Theories,” with Bill Elliott, Bonnie Van Ness and Mark Walker, Financial Management. We present an analytical survey of the explanations — price pressure, downward-sloping demand curves, improved liquidity, improved operating performance, and increased investor awareness — for the increase in stock value associated with inclusion in the S&P 500 Index. We find that
increased investor awareness is the primary factor behind the cross-section of abnormal announcement returns. We also find some evidence of temporary price pressure around the inclusion date. We find no evidence that long-run downward-sloping demand curves for stocks, anticipated improvements in operating performance, or increased liquidity are related to the cross-section of announcement or inclusion returns.

"Reassessing the Impact of Option Introductions on Market Quality: A Less Restrictive Test for Event-Date Effects," with Bartley R. Danielsen and Bonnie F. Van Ness, Journal of Financial and Quantitative Analysis
Prior research concludes that option introductions improve the average liquidity of the underlying stocks. We develop an improved, generalizable test to assess whether market quality changes occur on or near an event date. Applying this method to option listing events, we conclude that options do not systematically improve the market quality of the underlying security; rather, the market quality for the underlying security improves before the listing decision. Hazard model tests indicate that improving liquidity is a selection criterion in the option listing decision. Moreover, these tests suggest that the size of a stock’s bid-ask spread is the single most
important option-listing determinant.

“Audit Fees, Market Microstructure and Informational Transparency,” with Bartley Danielsen and Robert A. Van Ness, Journal of Business Finance and Accounting. Auditors, as corporate insiders, have access to private nformation regarding the firm’s financial and business opacity that is unavailable to outside investors. We test whether auditors price their knowledge of firm opacity in their audit fees by examining two competing hypotheses. The first states that higher audit fees may reflect the greater risk that the auditor faces in auditing an opaque firm. Under this hypothesis, market-based measures of opacity will be positively correlated with higher fees. The second hypothesis states that firms buy reputational capital from their auditor by paying high fees in an attempt to improve the market’s perception of the firm’s transparency. In this case, higher audit fees are negatively correlated with market based measures of opacity. Our results are consistent with the first hypothesis, that auditors price opacity risk into their fees.

Walt Wessels
"A Test of the Increment-Decrement Method of Estimating Worklife," Journal of Forensic Economics.

Paul Williams:
Williams, P.F., Jenkins, J.G. and Ingraham, L., "The Winnowing Away of Behavioral Accounting Research in the U.S.: The Process of Anointing an Academic Elite," Accounting, Organizations and Society.

Publications

Lynda Aiman-Smith
Aiman-Smith, L., Bergey, P.; Cantwell, A., Doran, M. (2006). The coming knowledge and capability shortage. Research Technology Management, 49 (4): p15-23.

David Baumer
Robert B. Handfield and David L. Baumer, "Managing Conflict of Interest Issues in Purchasing," The Journal of Supply Chain Management, (42:3) 2006, pp: 41-50.

Mark Beasley
Beasley, Mark S., Al Chen, Karen Nunez, and Lorraine Wright, "A Look at Leveraging Balanced Scorecards into Enterprise Risk Management," Strategic Finance, Vol. LXXXVII: 9, March 2006, pp. 49-55. NOTE: This article won a "Certificate of Appreciation in the Institute of Management' Accountants" annual Lybrand Awards manuscript competition.

Beasley, Mark S., J. Gregory Jenkins, and Roby Sawyers, "Brainstorming to Identify and Manage Tax Risks," The Tax Adviser," Volume 37:3 March 2006, pp. 158-162.

Beasley, Mark S. and Dana Hermanson. "How Sales Executives Can Avoid Accounting Fraud." Review of Business. Volume 27: 1 Winter 2006, pp. 33-40.

Beasley, Mark S., Richard Clune and Dana Hermanson, "Enterprise Risk Management: An Empirical Analysis of Factors Associated with the Extent of Implementation." Journal of Accounting and Public Policy, Volume 24, Issue 6, November/December 2005, pp. 521-531.

Paul Bergey
Aiman-Smith, L., Bergey, P.; Cantwell, A., Doran, M. (2006). The coming knowledge and capability shortage. Research Technology Management, 49 (4): p15-23.

Bruce Branson
"Diversity in Analyst Coverage." Bruce C. Branson and Donald P. Pagach. The Journal of Applied Business Research, Volume 22, Number 3. Third Quarter 2006, pp. 53 - 64.

Joe Brazel
“CEO Compensation and the Seasoned Equity Offering Decision,” with Elizabeth Webb. Managerial and Decision Economics, July/August 2006. Volume 27, Issue 5, pp. 363-378.

Robert Handfield
Blackhurst, Jennifer, Craighead, Chris, and Handfield, Robert, “Towards supply chain collaboration: an operations audit of VMI initiatives in the electronics industry,” International Journal of Integrated Supply Management, Vol. 2, no 2, (January 2006), 91-105.

Handfield, Robert, and Steininger, Wolfgang, “An Assessment of Manufacturing Customer Pain Points: Implications for Researchers”, Supply Chain Forum: An International Journal, vol. 2 no. 6, 2006, pp. 3 – 12.

Robert B. Handfield and David L. Baumer, "Managing Conflict of Interest Issues in Purchasing," The Journal of Supply Chain Management, (42:3), 2006, pp: 41-50.

Karlyn Mitchell
Karlyn Mitchell and Douglas K. Pearce, "Can Business Economists Predict Interest-Rate or Exchange-Rate Movements?" Corporate Finance Review, 10(6) 15-27.

Fay Cobb Payton
Using IRSS Psychology Theory to Understand the Experiences of Under-represented Faculty in the IS/IT Domain (with V. Mbarika and S. D. White) Decision Sciences Journal of Innovative Education, July 2006, pp 191-214.

Don Pagach
"Diversity in Analyst Coverage." Bruce C. Branson and Donald P. Pagach. The Journal of Applied Business Research, Volume 22, Number 3. Third Quarter 2006, pp. 53 - 64.

Doug Pearce
Karlyn Mitchell and Douglas K. Pearce, "Can Business Economists Predict Interest-Rate or Exchange-Rate Movements?" Corporate Finance Review, 10(6) 15-27.

Roby Sawyers
"State and Local Tax Policy: Challenging the Use of Tax Credits and Other Incentives," with William A. Raabe, ATA Journal of Legal Tax Research, 2006, Volume 4.

Glenn Voss
Voss, Zannie Giraud, and Glenn B. Voss, with Christopher Shuff and Ilana B. Rose (2006), Theatre Facts 2005: A Report on Practices and Performances in the American Nonprofit Theatre, Proprietary Report published by Theatre Communications Group.

Presentations

Mark Beasley
2006, June. Public Company Accounting Oversight Board (PCAOB) Standard Advisory Group (the SAG). Washington, DC. "Overview of Nine Research Syntheses Projects."

2006, June. North Carolina Association of CPAs (NACPA) Small Business Forum. Chapel Hill, NC. "Enterprise Risk Management: A Corporate Governance Perspective."

2006, May. University of Michigan's Integrated Risk Management and Operations and Global Supply Chain Management Conference. Ann Arbor, MI. "Enterprise Risk Management: A Corporate Governance Perspective."

2006, May. Institute of Industrial Engineers: Annual Meeting. Orlando, FL. "Implementing ERM."

Robert Clark
“Population Aging, Intergenerational Transfers, and the Macroeconomy,” Tokyo, June 26-28, Sponsored by Nihon University Population Research Institute, East-West Center at University of Hawaii, Institute for Futures Studies (Sweden), Vienna Institute of Demography, and Harvard Center for Population and Development Studies.

Presented the opening paper of the conference, Robert Clark, Naohiro Ogawa, and Rikiya Matsukure, "Population Aging, Changing Retirement Policies, and Lifetime Earnings Profiles in Japan" and also chaired a session and discussed a paper. Bob was also a co-organizer of the conference and will edit the papers into a volume that will be published by Edward Elgar in 2007.

Lee Craig
"Economic Causes and Consequences of the Great Depression," conference on Economic Forces in American History, Federal Reserve Bank of New York.

David Flath
"Industrial Concentration, Pricing, and Innovation: Panel Data Analysis", Kyoto University "Distribution Keiretsu, FDI, and Import Penetration in Japan" (presented in Japanese), Kyoto University.

Asli Leblebicioglu
"Financial Integration, Credit Market Imperfections and Consumption Smoothing" at the meeting of Society of Economic Dynamics (Vancouver, July 6-8).

Fay Cobb Payton
“Lacking Cultural Competency: Online AIDS/HIV Health Information Among Minority Women” (with J. Chong and L. Kvasny), 2006 IFIP 8.2 Conference, Poster Session Presentation, Limerick, Ireland

Beverly Tyler
Krause, D.R., Handfield, R.B., and Tyler, B.B. (2006). “The Relationship between Supplier Development Commitment, Social Capital Accumulation, and Performance Improvement.” Presented at Manchester Business School to Faculty and Doctoral Students. Manchester, England.

Tyler, B.B. (2006). “Pros and Cons of Decompositional and Compositional Methods for Exploring Individual Judgments” Presented at Manchester School of Business to Doctoral Students. Manchester, England.

Krause, D.R., Handfield, R.B., and Tyler, B.B. (2006). “The Relationship between Supplier Development Commitment, Social Capital Accumulation, and Performance Improvement.” Presented at The Queens University of Belfast to Faculty and Doctoral Students. Belfast, Northern Ireland.

Bercovitz, J, and Tyler, B.B. (2006). “Contracting between Corporate Sponsors and Academic Researchers.” Presented at The Queens University of Belfast to Faculty and Doctoral Students. Belfast, Northern Ireland.

Paul Williams
Williams, P.F., Jenkins, J.G. and Ingraham, L., "The Winnowing Away of Behavioral Accounting Research in the U.S.: The Process of Anointing an Academic Elite," 8th Interdisciplinary Perspectives in Accounting Conference held at the U. of Cardiff (Wales)

Ravenscroft, S. and Williams, P.F., "Making Imaginary Worlds Real: The Case of SFAS 123R." 8th Interdisciplinary Perspectives in Accounting Conference held at the U. of Cardiff (Wales)

June 2006

Accepted Papers
Published Papers
Grants & Contracts
Presentations

Accepted Papers

Marianne Bradford
Bradford, M., Richtermeyer, S. and Roberts, D. System Diagramming Techniques: Insights into Accounting Education and Practice. Journal of Information Systems, Forthcoming Spring 2007.

ABSTRACT: System diagrams (SD) are an integral component of system documentation and have become increasingly important in response to heightened awareness surrounding process improvement and documentation as well as compliance concerns with legislation such as the Sarbanes-Oxley Act.  SD is also an important concept in accounting information systems and auditing education.   This study examines SD commonly included in accounting curricula and compares the methods with those used by accounting practitioners.  The SD included in the study are system flowcharts, entity-relationship diagrams, data flow diagrams, resource-event agent models, process maps, and Unified Modeling Language.  The results include analyses of frequency of use, purpose of use, and strengths and weaknesses based on several dimensions.  Using a survey of accounting practitioners, we find that SD use in practice is not entirely consistent with what is included in accounting curricula.  This study can be useful to accounting educators by providing insight into SD use in practice and comparing that to methods emphasized in accounting education.  Educators can use the results to plan and modify their curricula, particularly in accounting information systems and auditing courses.  Additionally, the practice community may find the results useful as they suggest differences in how, when, and why a SD method may be useful.   Practitioners can also benefit from the descriptive analysis of current techniques employed across industries and accounting job functions. 

Bradford, M. Pet Shop on the Corner: An Accounting Information Systems Project using Peachtree Complete. 2006 Compendium of Classroom Cases and Projects (C3), vol. 3, forthcoming Summer 2007.

Glenn Voss
Voss, Zannie Giraud, Daniel M. Cable, and Glenn B. Voss, “Organizational Identity and Firm Performance: What Happens when Leaders Disagree about ‘Who We Are?’” Organization Science, forthcoming.

ABSTRACT: This study examines how the organizational success of 113 nonprofit professional theatres was affected when two top leaders responsible for different parts of the organization held divergent views about organizational identity.  Focusing on five values that differentiate theatres, we find that leaders’ disagreement about organizational identity was related to lower ticket revenues and lower net income, and that organizational performance was lowest when disagreement about identity was extreme.  Although some findings suggest that minor identity disagreement between leaders may not hurt organizations, results generally support the perspective that leaders should actively promote a single identity.

Don Warsing
Thomas, D. J. and D. P. Warsing, "A Periodic Inventory Model for Stocking Modular Components," Production and Operations Management (forthcoming).

ABSTRACT: We study the benefit that can be obtained by exploiting modular product design in fulfilling demand for components and modular assemblies in field service. More specifically, we model a service parts inventory system with exogenous demand for both a complete assembly and its components. Our goal is to reduce overall service system costs when assembly and/or disassembly (A/D) can occur at a distribution point---at some unit cost per assembly/disassembly action---by explicitly considering the relationship between an assembly and its components. For a periodic-review inventory system with no ordering cost, we find the base stock policy that minimizes holding, backorder, and A/D-related costs. In an extensive set of computational experiments, we compare a naive stocking and operating policy---one that treats all items independently and ignores the modular product structure and related A/D capability---to the optimal base stock policy and to a policy that simply allows A/D from the naive stocking levels. We find from our computational analysis that the optimal base stock policy improves the system cost between 3–26% over the naive approach. We also find that merely allowing A/D from the naive stocking levels can capture a significant portion of the naive–optimal gap (an average of 67% of the gap across our experiments). Using our computational results, we explain the manner in which the optimization shifts the mix of components and assemblies from the naive stocking levels, and we demonstrate how this mix can be affected by placing limits on A/D capacity. Interestingly, we find that under reasonable conditions, limiting A/D capacity can actually increase the expected number of assemblies and disassemblies that are performed (as compared to the uncapacitated case) since the optimization forces higher stocking levels in order to reduce the probability that "too many" A/D actions will be required.

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Published Papers

Marianne Bradford
Fisher, I. and Bradford, M. New York State Agencies: A Case Study for Analyzing the Process of Legacy System Migration: Part II. Journal of Information Systems, Vol. 20, No.1 (Spring) 2006, pp. 141-162.

Bradford, M. and Houston, M. IT and the Accounting Profession: Using Certifications to Prove Your Worth. North Carolina Association of Certified Public Accountant’s Interim Report. May, 2006.

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Grants & Contracts

Glenn Voss
Winning Proposal.  Marketing Science Institute Research Competition on Nonprofit Marketing, 2006, $7,000, with Zannie Voss & Wooseong Kang.

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Presentations

Marianne Bradford
“Business Process Documentation: Learn How to Document Business Processes Using Visio”, Institute of Management Accountants Annual Conference, 2006.

Presenter: MS Visio for Business Users, Institute of Management Accountants Annual Conference, 2006.

Joe Brazel
“What Can Nonfinancial Measures Tell Us About the Likelihood of Fraud?” with Keith Jones and Mark Zimbelman. Presented at the 2006 International Symposium on Audit Research, Sydney, Australia and to the North Carolina Association of Government Accountants.

“An Examination of Auditor Planning Judgments in a Complex AIS Environment: The Moderating Role of Auditor AIS Expertise,” with Christopher P. Agoglia. Presented at the 2006 International Symposium on Audit Research, Sydney, Australia.

Glenn Voss
Sangkil Moon, Moon, Sangkil and Glenn B. Voss (2006) “How Do Price Range Shoppers Differ from Reference Price Shoppers?” Marketing Science Conference Presentation, Pittsburg (June).

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2004-05

Department of Accounting
Department of Business Management
Department of Economics
Department of Management, Innovation and Entrepreneurship

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