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Beyond Grey Pinstripes

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Loyola U. Chicago (GSB)

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Loyola U. Chicago (GSB) 1 East Pearson Street
Chicago, IL, 60611
United States
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Demographic Information

Number of full-time MBA students (2011): 

85

Number of part-time MBA students (2011): 

205

Total duration of full-time MBA program: 

18 months

MBA faculty (Fall 2010): 

84

Females as percent of student body: 

50%
Who Are the Students? See what percentage of the 2010-2011 graduating class came to this MBA program from the private sector, the non-profit sector and government jobs
 
Private Sector (84%)
 
Non-profit (10%)
 
Government (6%)


  • School Information
  • Courses
  • Outside the Classroom
  • Faculty Research

Description of MBA Program: 

Loyola University Chicago is a Jesuit University that takes its role within the Catholic tradition very seriously, and this commitment is revealed in our MBA program. There is a strong concern throughout the university and  in the MBA program with issues of social justice, and the university's commitment to educating the whole person is very real.


Consistent with this overall approach, the MBA program has a required full course on ethics. Virtually unique among business schools, Loyola's business school has four tenured full-time professors with Ph.D.s in philosophy, all of whom are quite involved in our ethics program. Two of these four ethics professors hold endowed chairs.



How does the MBA program 'walk the talk' of social and environmental impact?: 

Over the past two years, new chapters of Students in Free Enterprise (SIFE) and Net Impact were established by our SBA and GSB students. Bold achievements were accomplished in a relatively short period of time. Highlights are as follows:


- Partnered with Aveda to promote campus-wide removal of caps from plastic water bottles for more efficient recycling.

- Joined Junior Achievement in thier fight against financial literacy through teaching assignments at local elementary schools.

- Assisted fair trade clothing importer in efforts to enhance their operating and accounting practices.

- Collected used business textbooks, articles, and case studies for a library in Zimbawe.

- Hosted professional workshops led by industry experts in sustainability/socially responsible business practices.

- Collaborated with local Net Impact chapters on a sports competiton to raise money for a local charity.

Academic Department

  • Management
    14 items
  • Finance
    14 items
  • Accounting
    9 items
  • Marketing
    9 items
  • IT & Information Systems
    8 items
  • Economics
    5 items
  • Human Resource Management
    4 items
  • Entrepreneurship
    3 items
  • Production and Operations
    2 items
Course Name: Accounting for Financial Instrument
Instructor: Metzger

The objective of this course is to introduce students to the measurement, reporting and control of financial instruments, with a particular emphasis on derivative financial instruments. Accounting for swaps, futures, options, including employee stock options, foreign exchange and hedging are all discussed. Social and ethical concerns are addressed through the discussion of risk management, executive compensation and the historical use and misuse of derivative financial instruments.

Course Name: Advanced Financial Management
Instructor: Davidson, Noehl

This is an advanced course in corporate finance, the goal being to have students understand the decision-making impact on enterprise valuation in such areas as capital markets, mergers/acquisition/divestitures, leveraged buyouts, public offerings, and restructurings. Current market and corporate developments will be integrated into the class discussion. As well, issues of business ethics and socio-economic responsibility will be considered - in keeping with the Loyola tradition, we will keep a keen eye on the social, ethical and environmental impacts of our decision-making. These issues, and the broadly-defined accountability of the business enterprise, are particularly relevant given the turmoil in today's capital and credit markets.

Course Name: Business Ethics
Instructor: Boatright

This course examines the

ethical aspects of individual and

corporate decision making in

business and provides resources

for making ethical decisions

within the context of managerial

practice.

Course Name: Consumer Behavior
Instructor: McGrath, Tuncay

This course examines the psychological, social, and cultural factors that impact consumers. One area of discussion that is relevant to ethics is the area of advertising ethics, or the marketers have in the images that they portray in their marketing materials (e.g. unrealistic body types of models, depicting materialistic lifestyles). In addition, the course dedicates class time to the Bottom of the Pyramid theory which examines how firms, NGOs, and communities can partner to develop products and services for the 4 billion consumers in the bottom tier of wealth. Finally, this course also examines the trend of green marketing, and how firms are developing products and services that are environmentally friendly, and how consumers respond to such goods.

Course Name: Credit Risk Management & Structured Finance
Instructor: Todd

We study credit risk and credit risk management. We examine a suite of

financial securities which can be used to reduce (or magnify) credit risks, especially credit default swaps (CDS), asset-backed securities (ABS) and collateralized debt obligations (CDOs). We consider the role of these structured credit products in the global financial crisis.

Course Name: Cross Cultural Dimensions of International Management and Marketing
Instructor: Reilly

This course emphasizes the challenges of managing a culturally diverse workforce

and marketing to a multicultural consumer base. Specific topics studied include: Managing Cultural Diversity, including Levels of Culture and Ethnic Affiliation; and Ethics and Social Responsibility in the Multi-Cultural Context.

Course Name: Current Issues and Trends in the Sport Industry
Instructor: Lambrecht

A strategic analysis of the multibillion-dollar sport industry and the dilemmas faced by today’s sport business leaders by offering an overview of major sport business trends and issues in preparing future sport business leaders. The course covers the major disciplines of the field of sport management by providing an insight of professional, Olympic, intercollegiate, and other sport industry segments through focused readings, research and targeted discussions. In addition, this course discusses social, environmental, and ethical issues related to the sport industry.

Course Name: Customer Relationship Management
Instructor: Zayer

This course examines how firms can build long-term and profitable relationships with its customers. This involves the collection of consumer information, which brings up several ethical issues with regard to consumers' privacy, including how this data is collected, how it is stored and used, as well as who "owns" this information.

Course Name: Data Mining
Instructor: Malliaris, Mary

This course focuses on using data mining techniques to find interesting patterns in large

data sets. Case studies using specific techniques are discussed each class meeting. These cases include topics relating to social or ethical problems such as fraud, the economic role of the inner city, health care issues, the behavior of sexual offenders, and low birth weights among others.

Course Name: Data Warehousing
Instructor: Jukic

This course examines how data warehouses are used to help managers successfully gather,

structure, analyze, understand and act on information stored in data warehouses. The

components and design issues related to data warehouses and business intelligence techniques for extracting meaningful information from data warehouses are emphasized. Various software tools will be used to demonstrate design, implementation, and utilization of data warehouses. Issues related to ethical and socially responsible use of data warehousing and business intelligence are also discussed.

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Type of Offering

  • Extracurriculars
    5 items
  • Career Services
    1 items
  • Institutes and Centers
    4 items
  • Student Clubs
    12 items
Navigating through Turbulence: 2010 and Beyond, Health Care Leadership in Extraordinary Times
Date: May, 2010

Four senior executives from the health care industry spoke to attendees about the challenges of leading their organizations through the economic crisis and preparing for conformance to health care reform legislation. The conference highlighted the need to design and deliver exceptional professional education and scholarship that is characterized by excellence, service to humanity, responsible leadership, innovation and reflective inquiry into values.

Ethics: It's Who We Are
Date: April, 2010

The topic and purpose of the Spring Dean's Speaker Series was to celebrate Loyola's commitment to business ethics thanks to the leadership of the former president of Loyola University and dean of Loyola's School of Business Administration, Raymond C. Baumhart, S.J.

The two day event entitled Ethics: It's Who We Are included by presentations by nationally recognized expers in the field of business ethics. Presenters and presentations included:

"Above the Ordinary: The Leadership and Legacy of Raymond C. Bauhart, S.J." by William J. Byron, S.J., St. Joseph's University, Philadelphia, PA

"The Business of Ethics and Leadership" by Abol Jalilvand, PhD, Loyola University Chicago

"At This Point in Our History: A Judge's Perspective" by Justice Joy Cunningham, Chicago, IL

"My Journey in Business Ethics" by John Boatright, PhD, Loyola University Chicago

"The Corporate Ethics Movement: Landmarks, Outcome, and Challenges" by W. Michael Hoffman, founding Executive Director of the Center for Business Ethics, Bentley College.

Approximately 200 people attended.

Benefits and Challenges of Global Business in Emerging Economies in the 21st Century
Date: May, 2010

Loyola's new Center for Global Management and Responsible Leadership hosted a panel discussion featuring key senior executives of leading multi-national companies, with experience in areas uncommon in opportunities and risks.

Corporate Boards: Managers of Risk, Sources of Risk
Date: October, 2009

Center for Integrated Risk Management and Corporate Governance and PRMIA (Professional Risk Managers International Association). This conference examined relationship between boards and risk in its full complexity. A variety of academics and practitioners presented their papers addressing numerous topics of interest in the fields of risk management and corporate governance.

The conference explored topics that include Theories of Governance and Corporate Moral Vulnerability, Mitigating Exposure of Corporate Boards to Risk and Unethical Conflicts, and how Corporate Boards Care about Sustainability (and Should They Care?).

Social Media Trends & Ethics
Type: Panel Discussion
Date: February, 2010

The Marketing Department, in conjunction with Chicago Interactive Marketing Association, hosted a panel discussion entitled Social Media Trends & Ethics to discuss the latest trends in social media marketing, as well as the ethical considerations of incorporating social media into marketing campaigns.

Career Management Services

A dedicated Career Advisor and Professional member of Net Impact supports the leadership of students, faculty, student organizations and professional associations that promote social impact, ethics and environmental sustainability and initiatives, by supporting professional presentations, resources, career development activity, career management strategies and expanding networking opportunities.

The Career Management Services team works to stay abreast of trends and resources to continuously help students enhance their value propositions through effective resumes and interviewing skills by empowering them to convey value and compete for diverse and evolving business roles and career paths that have positive environmental and social impact.

Center for Global Management and Responsible Leadership
Business School Housing? Yes
Contact Name: Mine Cinar, PhD
Contact Email: mcinar@luc.edu

The Mission of CGMRL is:

- To promote and advance international responsible, ethical, environmentally sound and sustainable business practices and leadership by providing interdisciplinary global research opportunities, both for faculty and students,

- To promote student and executive training in global ethical business in conjunction with Chicago, USA, with other LUC Centers of Excellence, with XLRI and future global partners through classroom work, sponsorship of seminars and workshops,

- To provide the requisite academic, curricular and outreach support for the undergraduate SBA major in International Business,

- To house a future SBA endowed chair in Sustainable and Responsible Management to establish the international reputation and scholarship as an integral and sustainable part of the Center,

- To promote its mission through conferences, newsletters, websites, and publications,

- To promote Loyola University of Chicago’s missions and carry out the Strategic Planning initiatives by sponsoring globally focused scholarly productivity, business community engagement and student/executive learning and training in responsible, sustainable, environment-friendly business.

Family Business Center
Business School Housing? No
Number of Faculty: 3
Contact Name: Andrew Keyt
Contact Email: akeyt@luc.edu

The Family Business Center was established in 1999 to address issues faced by closely held and family firms. It was the first program initiated under the Angell Center for Entrepreneurship at Wake Forest University. Utilizing the capabilities and educational resources available at Wake Forest, in our community and nationally, the Family Business Center provides closely held and family firms the assistance they need to grow and succeed from generation to generation.

The significant growth of the Family Business Center Triad generated extensive interest in opening an office to address the needs of closely held firms in the Charlotte Metro area. Wake Forest University, with its array of MBA program offerings, has served the Charlotte community since 1995 from the school's facilities at One Morrocroft Center in the city's South Park area.

The Family Business Center recognizes the many facets of closely held firms-- the multiple roles people can fill in family businesses, the multiple generations that often exist in family firms and the importance for closely held firms to connect with those within their company, as well as with other firms facing similar issues.

Center for Financial and Policy Studies
Business School Housing? No
Number of Faculty: 1
Contact Name: George Kaufman
Contact Email: gkaufma@luc.edu

The Center for Financial and Policy Studies was created to bring nationally recognized experts in banking and financial services from the academic, practitioner, and policy-making communities to the Loyola campus to interact with students and faculty. The center sponsors symposiums for faculty, students, the banking community, and the general public. Conference topics focus on important current issues in financial institutions and markets, including ethical leadership, and the impact issues have on society and the environment.

Center for Integrated Risk Management and Corporate Goverance
Business School Housing? No
Number of Faculty: 1
Contact Name: Donald Schwartz
Contact Email: dschwa5@luc.edu

The Center for Integrated Risk Management and Corporate Governance is a partnership between the School of Business Administration and the School of Law. The Center for Integrated Risk Management and Corporate Governance is housed in the School of Business Administration and provides an integrated approach to risk management, focusing on corporate governance and compliance, business ethics, social impact, and financial, accounting, and operational risk. Each year the Center for Integrated Risk Management and Corporate Governance sponsors several seminars and symposiums to encourage ethical leadership and corporate governance. Additionally, the Center for Integrated Risk Management and Corporate Governance develops high quality curriculum and superior teaching in risk management as well as promotes interdisciplinary research and scholarship in integrated risk management and corporate governance.

Women in Business

The Loyola Graduate Women in Business group is intended to provide GSB students and alumni with an opportunity to develop personally and professionally through addressing issues that women face in the workplace, as well as fostering relationships among current students, alumni, faculty, and business leaders. The organization focuses on three key components: networking, workshops and speaker series.

LGBT MBA Club

The LGBT MBA Club at Loyola University Chicago addresses key issues that affect LGBT students and their relationship with their employer. The club explores ways LGBT employees influence social impact and equality issues within the work environment. We focus on being out about one's sexuality in the workforce, which allows you to be yourself but also fit into the corporate culture of your employer. Another key issue examined is partner benefits and how to bring them up to your employer without fear of consequences. Our main focus is to network with other LGBT MBA students from other MBA programs around the country, to build a network of personal and professional peers that match the same challenges and backgrounds that the MBA student exhibits. By building a strong network of peers and breaking down the walls of discrimination in the workforce, we have an impact on social policies and challenges that we face at the present.

Economics Forum

Our mission is to afford participants the opportunity to grow both professionally and personally by hosting a wide range of events for members to learn more about economics and meet people in various stages of their Loyola career. The organization is open to both undergraduates and graduate students, as well as alumni and keeps the interconnected goals of learning and networking in mind.

The group sponsors seminars, alumni speakers, panel discussions, as well as internationally acclaimed visiting speakers. Additionally, members take field trips each year, raise funds for charities, and examine articles on a vast array of issues related to the practical and theoretical aspects of 21st-century economics, including impact on society, the environment, and ethical decision making in economics.

ISOM (Information Technology) Club

The Information Systems and Operations Management Club is a group created in the interest of bringing students together to discuss various ISOM related topics outside of a classroom environment. Guest speakers from ISOM related fields are invited to further stimulate this discussion. Topics often touch upon how various ISOM related careers may have a societal impact through fields such as traffic management, healthcare planning, and military operations. Students are encouraged to develop a set of ethical standards for their careers through these discussions.

Net Impact

The mission of Net Impact and the Loyola University Chicago Net Impact Chapter is to improve the world by growing and strengthening a network of leaders who use the power of business to make a positive social, environmental, and economic impact. The Loyola University Chicago Net Impact Chapter brings together students enrolled in various Graduate Programs at Loyola who are dedicated to promoting responsible business practice; advancing social, environmental, and economic sustainability; and fostering a new generation of leaders who use the power of business to create a better world.

Human Resource Student Association

Affiliated with the Society for Human Resource Management (SHRM), and sponsored by the Northern Illinois chapter of the Society of Human Resource Management (NISHRM). The HRSA endeavors to develop Human Resources students into future, dynamic professionals. HRSA accomplishes its objectives through career development activities, participation in philanthropic activities demonstrating HRSA’s desire to provide support to the community, and hosting social activities to allow members to meet and mingle with each other, alumni, administration, faculty and/or potential employers.

The Investment Banking & Financial Markets Club

The Investment Banking & Financial Markets Club is dedicated to the initiation of corporate finance careers for Loyola University Chicago students. Our goal is to give members the resources needed to achieve a competitive advantage in their search for investment banking and finance careers.

The club capitalizes on the rigorous graduate curriculum at Loyola University Chicago to create an environment conducive to developing and enhancing a structure of networking both among students and members of the industry. As a component of the networking, ethical industry practice and leadership is examined as well as how the industry and corporations can make positive contributions to their communities and environment.

Graduate School of Business Association

The GSBA is an organization developed to enhance each MBA student's experience through social and networking events, community service, and speakers. Very active in community service, this organization participates in work at the Greater Chicago Food Depository, the Ronald McDonald House, Jesuit MBA Community Service Day, and Make-A-Wish Foundation. All GSB Association activities are open to current students, alumni, faculty, and community leaders.

Graduate School of Business International Club

GSBIC is a student organization that fosters international education, be it studying in the USA as an international student or studying outside of the United States for a short duration. GSBIC also aims to help international students from different countries in their transition into the American culture by providing support in any way possible. Through the club’s academic and networking events, as well as its cultural and social activities, GSB students will have an opportunity to interact with other international colleagues who have successfully integrated into the United States.

Strategic Consulting Group

The mission of SCG is to give Loyola GSB students the opportunity to apply their business skills in a real-life consulting situation and help them understand, prepare for, and develop careers in the consulting industry. The group examines what positive social, environmental, and ethical influences their consulting can have. In addition, SCG promotes mutually beneficial relationships between students, faculty, entrepreneurs, corporations and leading management consulting firms. As a student-run organization, SCG coordinates a broad range of activities throughout the year, which help to educate students about consulting and prepare them for job searches and interviews. Furthermore, SCG intends to promote a positive image for the University through its contribution to the community and provide students with practical experience to bring forth into the business world.

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A model for predicting outcomes of sexual harassment complaints by race and gender
Author(s): Tata, Jasmine

Tata, Jasmine. , Luther, H., & Kwesiga, E. "A model for predicting outcomes of sexual harassment complaints by race and gender." Employee Responsibilities and Rights Journal, 21. 1 (2009). 21.
Organizational scholars have studied the impact of sex on sexual harassment outcomes but left unexplored the influences of race. Thus, we use social identity theory to explore the role of race stereotypes and their influences on sexual harassment outcomes. We posit that stereotypes of African-American women tend to be much more negative than those of white women and this serves to marginalize their position both as victims of sexual harassment as well as complainants.

Journal Title: Employee Responsibilities and Rights Journal Volume: 2 Edition: 1 Page Numbers: 21
A Typology of Men's Conceptualizations of Ideal Masculinity in Advertising
Author(s): Tuncay Zayer, Linda

Zayer, Linda Tuncay, "A Typology of Men's Conceptualizations of Ideal Masculinity in Advertising," Advertising & Society Review 10, April (2010). This study explores men’s conceptualizations of ideal masculinity in advertising. Specifically, this research uses a qualitative approach to examine a segment of men who fall into the Generation X cohort. These men, many of whom are Caucasian and single, are largely educated, from the Midwest, and outwardly heterosexual. Exploratory findings reveal the salience of eight themes of ideal masculinity. These include the Adventurer, the Athlete, the Attractive Man, the Daredevil, the Family Man, the Goal Driven Man, the Individual, and the Strong Man. Three themes exemplifying the antithesis of ideal masculinity?the Player, the Partier, and the Slob?also emerged. This research enhances our knowledge on men’s perceptions of ideal masculinity in advertising and provides new insights relative to past research. Findings identify messages that resonate with consumers’ lives, as well as illuminate potential social implications.

Journal Title: Advertising & Society Review Volume: 10 Edition: Page Numbers: no pg numbers, online journal
Building a Framework for Two Internal Organizational Approaches to Resolving and Preventing Workplace Bullying: Alternative Dispute Resolution and Training
Author(s): Fox, Suzy; Stallworth, L.

Workplace bullying is behavior that threatens, intimidates, humiliates, or isolates people at work, or undermines their reputation or job performance. Moving beyond research, academics and employment practitioners are beginning to address the need to design and implement organizational anti-bullying policies, training, conflict management programs and systems, and possibly anti-bullying public policy and legislation. Consultants will play a key role in helping organizations develop and implement internal organizational programs. In this paper we describe alternative dispute resolution systems and workplace training. Key objectives include arriving at a clear definition of workplace bullying, fostering individual, organizational, and societal awareness of the prevalence and consequences of workplace bullying; and providing specific guidance and mechanisms for individuals, managers, Human Resource departments, corporate leadership, union representatives, attorneys, physicians, counselors, psychologists, and psychiatrists, for preventing and handling bullying incidents. 

Journal Title: Consulting Psychology Journal: Practice and Research Volume: 61 Edition: Page Numbers: 220-241
Business, Ethics and the Environment: Imaging a Sustainable Future  
Author(s): Benton Jr, Raymon

The business literature is full of references to sustainability, the term de jour.  It is through the terminology of sustainable development that environmental issues and environmental ethics have found their way past the gatekeepers of business school thinking and curricula, even if the environment must share the stage with other concerns.  Often presented as a new paradigm, sustainability is not really new, it does have a history, a past that goes much deeper than the so-called Brundtland Report to which it is most often traced.  Environmental educators, and business educators really concerned with environmental issues, must break free of the urge to use sustainable development as a fashionable way of continuing the status quo.  A way out of this conundrum is suggested.

Journal Title: Business Ethics Quarterly Volume: 18 Edition: 4 Page Numbers: 567-581
Chinese host country nationals' willingness to help expatriates: The role of social categorization
Author(s): Varma, Arup

Varma, A., Budhwar, P., & Pichler, S. (in press). Chinese host country nationals’ willingness to help expatriates: The role of social categorization. Thunderbird International Business Review. In this study, we examine Chinese HCNs’ willingness to offer role information and social support to expatriates from the U.S. Using data from 132 Chinese managers, we find that ethnocentrism, interpersonal affect, and guanxi significantly impact HCNs’ willingness to offer help to expatriates. Furthermore, we find that job level of expatriate has a significant impact on HCN willingness to offer role information, but not on willingness to offer social support. The results suggest that paying attention to the perceptions and reactions of HCNs towards expatriates is imperative for multinational companies, if expatriates are to succeed on their assignments.

Journal Title: Thunderbird International Business Review Volume: Edition: Page Numbers:
Communicating Sustainability Initiatives in Corporate Reports: Linking Implications to
Author(s): Reilly, Anne

An increasingly important topic in today's green-sensitive society is sustainability, defined by the World Commission on Environment and Development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." It is allied to corporate social responsibility (CSR). Today's businesses try to rank high in sustainability and CSR--in stakeholder perception if not in fact. Therefore, communications are important. A study of such communications by 12 large companies (six in energy and six in consumer products) shows how very hard it is to measure these concepts. There are no standardized metrics, no data requirements in standard financial reporting, language is often technical, and communications are organizationally fragmented. All this complicates efforts of corporations to achieve revolutionary, not incremental, sustainability goals.

Journal Title: SAM Advanced Management Journal Volume: Edition: Page Numbers:
Composite Manufacturing Company: A Financial (Mis)Statement Case
Author(s): Kostolansky, J. W; Stanko, B. B.; Landgraf, E. L.

Stanko, B. B., Kostolansky, J., & Landgraf, E. L. "Composite Manufacturing Company: A Financial (Mis)Statement Case." Journal of Business Case Studies (2010), 6, 10, 1-12.
Composite Manufacturing is a thriving privately-held company whose owners need to attract outside investors. Composite’s financial statements have not been professionally prepared nor audited. Although there is no fraud or intentional wrongdoing, the inexperience of the owners and their bookkeeper has resulted in improper financial reporting. In this case students will have to identify and restate revenues, expenses, assets, liabilities, and retained earnings in so far as they are not reported in accord with generally accepted accounting principles. Students are provided with a “Student Adjustment Template” and a “Student Worksheet Template” that allow them to make correcting entries in an organized manner as well as make subsequent changes to the financial statements. Instructors are provided with teaching notes, a “Student Adjustment Template Solution” and a “Student Worksheet Template Solution”.

Journal Title: Journal of Business Case Studies Volume: 6 Edition: 5 Page Numbers: 13
Ethnic community involvement, entrepreneurial social capital, and business performance
Author(s): Tata, J.

Tata, J., & Prasad, S. (2010). Ethnic community involvement, entrepreneurial social capital, and business performance. Global Business and Economics Review, 12, 1-2, 151-170.
Ethnic or immigrant social networks tend to influence the type of business that an ethnic entrepreneur starts, as well as the success or failure of the business. Recent work on ethnic entrepreneurship has begun to focus on social capital theory, suggesting that the benefits derived from belonging to a particular ethnic group or immigrant community can enhance business success.
In this paper, we develop a theoretical model that proposes that ethnic community involvement influences the configuration of entrepreneurial social capital defined through three attributes (relationship strength, network diversity, and network size). These three attributes affect the collaborative exchange process (i.e., the actions taken by entrepreneurs to utilize their social capital and gain information and resources) which, in turn, influences ethnic business performance. In addition, the relationship between ethnic community involvement and social capital is proposed to be moderated by two micro-level variables – entrepreneur characteristics (education level, business experience, and language fluency) and business characteristics (age and ownership) – as well as by ethnic community characteristics (community social capital and community resources). This model can help promote a better understanding of ethnic enterprises and make a contribution to the development of improved approaches for the promotion and growth of such businesses.

Journal Title: Global Business and Economics Review Volume: 12 Edition: 1-2 Page Numbers: 151-170
Examining the Interactions among Markets, Marketing, and Society
Author(s): Shultz, C.

Shultz, C. & Mittelstaedt, J., "The Changing Face of Markets and Marketing Systems in Socioeconomic Development: Introductory Comments on the Special Issue." Journal of Macromarketing, 29. 4 (2009), 346-348.
The challenges facing rural or depressed communities in developed countries cannot be separated from the issues facing towns or villages in the developing world. The premise that “marketing and development” is an issue important exclusively to developing countries must be challenged. While it is typically assumed that knowledge transfer on marketing and development moves from the developed world to the developing world, there is much that developed market economies can learn from developing market economies. For example, how does a country with a well-established marketing system ensure adequate economic development for its rural communities? Similarly, how does a developed marketing system deal with systemic shock from a product, regulatory or other failure? There are lessons in the market development perspective that strengthen our understanding of marketing systems. At the same time, the systems perspective of macromarketing offers a valuable viewpoint on growth and development, both historically and in contemporary context. Over the last three decades scholars have applied the lessons gained from Macromarketing and market-and-development research to emerging and war-torn economies, and the interdependent relationships between developed and developing worlds as a result of globalization.

Journal Title: Journal of Macromarketing Volume: 29 Edition: 4 Page Numbers: 346-348
From Hired Hands to Co-Owners: Compensation, Team Production, and the Role of the CEO
Author(s): Boatright, John

In the 1990s, the role of the chief executive officer (CEO) of major United States corporations underwent a profound transformation in which CEOs went from being bureaucrats or technocrats to shareholder partisans who acted more like proprietorsor entrepreneurs. This transformation occurred in response to changes in the competitive environment of U.S. corporations and also to the agency theory argument that high levels of compensation by means of stock options helped to overcome the agency problem inherent in the separation of ownership and control. Some critics charge that this new CEO role is objectionable for a variety of reasons, which may also be applicable to the current financial crisis in which CEO misconduct may have played a part. These objections are based largely on a team production model of corporate governance, which is held by these critics to be superior to the standard agent-principal model. This article examines the objections offered by critics of the changed role of the CEO and argues that their negative assessment of this development and their use of the team production model to support their conclusions are not warranted. CEOs have changed from hired hands to co-owners, and this change may have contributed in some measure to the current financial crisis. However, in determining the morally preferable role of the CEO, care must be taken not to discard what is sound in the changed role.

Journal Title: Business Ethics Quarterly Volume: 19 Edition: 4 Page Numbers: 453-464
Grocery Store-Attributes in Recovering Economies: An Empirical Investigation of Their Importance, Using Three Component Contour Plotting
Author(s): Shultz, C.; Brcic-Stipcevic, V.

Shultz, C., Renko, S., & Brcic-Stipcevic, V. "Grocery Store-Attributes in Recovering Economies: An Empirical Investigation of Their Importance, Using Three Component Contour Plotting." Journal of International Food & Agribusiness Marketing, 22. 1-2 (2010), 37-51.
The authors share results of a study conducted to measure the attributes of grocery stores that are the most important for consumers in a market recovering from war and transitioning to a market economy. Applying a trilinear coordinate plot, the authors develop a model that consists of those attributes. The findings led to conclusions that services and location, rather than the historically favored attribute of price, increasingly are key factors affecting store choice. Managerial implications are discussed and future research directions are suggested.

Journal Title: Journal of International Food & Agribusiness Marketing Volume: 22 Edition: 1-2 Page Numbers: 37-51
How Suppliers Affect Trust with Their Customers: The Role of Salesperson Job Satisfaction and Perceived Customer Importance
Author(s): Bradford, Kevin D.; J. Michael Crant; Joan M. Phillips

Developing strong trust-based relationships with customers is increasingly important in the business-to-business marketplace, but little is known about the process by which sales managers can influence the relationship-building behaviors of salespeople. We collected data from 93 salesperson-customer dyads to test a model linking salesperson job satisfaction, perceived customer importance, customer-focused helping behaviors, and customer trust in the supplier. Results indicate support for the model: job satisfaction is related to customer-focused helping behavior, perceived customer importance interacts with salesperson job satisfaction to positively affect customer-focused helping behavior, and ultimately customer-focused helping behavior is related to customer trust in supplier.

Journal Title: Journal of Marketing Theory & Practice Volume: 17 Edition: Page Numbers: 389-400
Insights Into the Indian call center industry: Can internal marketing help tackle high turnover?
Author(s): Budhwar, P.; Varma, A.; Malhotra, N.; Mukherjee, A.

Purpose – Increasing turnover of frontline staff in call centres is detrimental to the delivery of quality service to customers. This paper aims to present the context for the rapid growth of the business process outsourcing (BPO) sector in India, and to address a critical issue faced by call centre organisations in this sector – the high employee turnover.
 


Design/methodology/approach – Following a triangulation approach, two separate empirical investigations are conducted to examine various aspects of high labour turnover rates in the call centre sector in India. Study one examines the research issue via 51 in-depth interviews in as many units. Study two reports results from a questionnaire survey with 204 frontline agents across 11 call centres regarding employee turnover.



Findings – This research reveals a range of reasons – from monotonous work, stressful work environment, adverse working conditions, lack of career
development opportunities; to better job opportunities elsewhere, which emerge as the key causes of increasing attrition rates in the Indian call centre industry.
 


Research limitations/implications – The research suggests that there are several issues that need to be handled carefully by management of call centres in India to overcome the problem of increasing employee turnover, and that this also demands support from the Indian government.
 


Originality/value – The contributions of this study untangle the issues underlying a key problem in the call centre industry, i.e. employee turnover in the Indian call centre industry context. Adopting an internal marketing approach, it provides useful information for both academics and practitioners and suggests internal marketing interventions, and avenues for future research to combat the problem of employee turnover.

Journal Title: Journal of Services Marketing Volume: 23 Edition: 5 Page Numbers: 351-362
Measurement Artifacts in the Assessment of Counterproductive Work Behavior and Organizational Citizenship Behavior: Do We Know What We Think We Know?
Author(s): Fox, S

Spector, P.E. & Fox, S. (2010). Counterproductive Work Behavior and Organizational Citizenship Behavior: Are They Opposite Forms of Active Behavior? Applied psychology: An international review, 59, 21-39.
We question the common supposition that active acts of counterproductive work behavior (CWB) and organizational citizenship behavior (OCB) are negatively related in that people who perform one tend not to perform the other, and that they tend to relate oppositely to potential antecedents. We argue that under some circumstances these active behaviors may occur together or sequentially. Using an emotion focused framework, we discuss five situations that lead from one form of behavior to the other: Understimulation at work, coworker lack of performance, organizational constraints, lack of expected rewards for OCB, and unjustified (to the actor) acts of CWB. Finally, we provide suggestions for studying these behaviors episodically as opposed to aggregating frequencies of behavior over extended periods of time.

Journal Title: Journal of Applied Psychology Volume: 95 Edition: Page Numbers: 781-790
Mentoring Experiences of Successful Women across the Americas
Author(s): Fox, S

The purpose of this study is to compare women’s mentoring experience in 9 countries within the Americas, and to explore linkages between personal characteristics, mentoring practices, mentoring functions and consequences of being a mentee.
Most of the women had more than one mentor. Across all countries mentoring practices were more strongly linked to career mentoring function while the age and gender of the mentor were more strongly linked to psychosocial mentoring. Mentoring from the perspective of mentee had the same directional relationship with situational and individual variables, but the significance of those relationships varied by country. A possible cultural difference was detected between Spanish and non-Spanish speaking countries on the issue of mentoring practice.
Companies interested in fostering mentoring among their members, particularly women, should be aware that different mentoring functions are influenced by different factors. For example, formal mentoring programs appear to have a greater impact on career mentoring functions than on psychosocial mentoring functions. To support women in their careers, companies should institute formal mentoring programs; this is especially important in South American countries. Moreover, mentoring programs must be designed to be adaptive since the analyses indicated that there are significant differences by country.

Journal Title: Gender in Management An International Journal Volume: Edition: 24 Page Numbers: 455-476
Metric and Interpretive Explorations of Macromarketing
Author(s): Shultz, C.

Shultz, C., Holbrook, M., & Lehmann, D., "Metric and Interpretive Explorations of Macromarketing." Journal of Macromarketing, 29. 3 (2009), 217-219.
A review of various methods used for studies published in JMM reveals eclectic research designs, measures, and interpretive techniques. Indeed, the scholarship published in the Journal indicates that macromarketers use a broad assortment of methodological tools. Accordingly, scholars must consider ways to expand the macromarketing toolkit; to explore new metrics and interpretations; and to conduct meaningful research that examines the effects of markets and marketing on society, the impacts of social programs on marketing practice, and other aspects of marketing history, marketing systems, marketing phenomena in the aggregate, and marketing’s implications for the quality of life.

Journal Title: Journal of Macromarketing Volume: 29 Edition: 3 Page Numbers: 217-219
Micro-Credit Programmes, Social Capital, and Micro-Enterprise Performance
Author(s): Tata, J.

Tata, J. & Prasad, S. (2010). Micro-Credit Programmes, Social Capital, and Micro-Enterprise Performance. International Journal of Business and Globalisation, 5 (1), 31-45.
icro-credit programs (generally considered to be initiated by the 2006 Nobel Prize winner Mohammed Yunus of the Grameen Bank of Bangladesh) are a form of social (global) entrepreneurship that work with low-income micro-enterprise owners and construct alternate means of approving, disbursing, and monitoring loans for micro-enterprises. In this paper we develop a model that identifies several characteristics of group-based micro-credit programs that are necessary to incubate the development of borrowers’ social capital and increase the performance of their micro-enterprises.

Journal Title: International Journal of Business and Globalisation Volume: 5 Edition: 1 Page Numbers: 31-45
Micro-Enterprise quality
Author(s): Tata, Jasmine

Tata, Jasmine. & Prasad, S. "Micro-Enterprise quality." International Journal of Quality & Reliability Management, 26. (2009). 234-246. A majority of citizens in the developing world rely upon self-employment and micro-enterprise operations as their primary and only source of income. Such individuals can improve their livelihood by applying good management methods in their micro-enterprises. In this research, we employ case study methodology to examine how operational methods could be potentially employed in increasing the quality of such micro-enterprises. A number of general propositions are developed and potentially fruitful research areas identified.

Journal Title: International Journal of Quality & Reliability Management Volume: 26 Edition: Page Numbers: 234-246
Micro-Enterprise quality
Author(s): Tata, Jasmine; Prasad, S.

A majority of citizens in the developing world rely upon self-employment and micro-enterprise operations as their primary and only source of income.  Such individuals can improve their livelihood by applying good management methods in their micro-enterprises.  In this research, we employ case study methodology to examine how operational methods could be potentially employed in increasing the quality of such micro-enterprises. A number of general propositions are developed and potentially fruitful research areas identified.

Journal Title: International Journal of Quality & Reliability Management Volume: 26 Edition: Page Numbers: 234-246
National culture, social capital, and micro-enterprise success
Author(s): Tata, J.

Tata, J. (2010). National culture, social capital, and micro-enterprise success. International Journal of Business Environment, 3, 1, 74-98.
Abstract: The success or failure of a micro-enterprise can be influenced by the social capital of the micro-entrepreneur, as well as by the societal and cultural milieu. Social capital refers to the aggregate sum of actual and potential resources derived from the micro-entrepreneur’s networks of relationships. Because variations in cultural values across societies can result in configurations of social capital and networking styles that differ from each other, socio-cultural differences can differentially influence micro-enterprise success. This paper presents a model that examines the influence of a macro-level environmental variable (national cultural values) and a micro-level individual variable (social capital) on the collaborative exchange process and on micro-enterprise success. The model proposes that there may be differences in the way that micro-entrepreneurs across countries accumulate social capital, and in their motivation and opportunity to engage in collaborative exchange.

Journal Title: International Journal of Business Environment Volume: 3 Edition: 1 Page Numbers: 74-98

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