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U. of Texas at Austin (McCombs)

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U. of Texas at Austin (McCombs) 1 University Station, B6000
Austin, TX, 78712
United States
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Demographic Information

Number of full-time MBA students (2011): 

265

Number of part-time MBA students (2011): 

195

Total duration of full-time MBA program: 

21 months

MBA faculty (Fall 2010): 

257

Females as percent of student body: 

27%
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 (92%)
 
Non-profit (7%)
 
Government (1%)


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

Description of MBA Program: 

The Texas MBA program cultivates future leaders that incorporate social, ethical and environmental perspectives into their worldview. The program requires that all MBA students fulfill a Responsibility and Integrity academic requirement as part their core business study. Through this requirement students integrate ethical and societal issues into their business education by choosing from a menu of courses covering the responsibility of business in society, ethical leadership, ethical decision-making and corporate governance.



For more in depth study in these integral areas, the Texas MBA program offers two relevant concentrations: Ethics & Corporate Social Responsibility and CleanTech. The Ethics and CSR concentration consists of courses that are designed to provide students with the tools and knowledge they need to manage the ethical and social responsibility aspects of business in today’s global economy and is intended for students interested in (i) positions within business firms that deal with CSR, ethics and sustainability, or (ii) the impact of ethics and CSR issues on strategy.



The CleanTech concentration prepares students for a career in renewable energy, energy efficiency and emissions abatement. Students have the opportunity to combine courses across various schools at the University, including the LBJ School of Public Affairs, the Jackson School of Geosciences and the law school to best prepare for their career of choice. Students also connect with Austin’s booming CleanTech industry through the Clean Energy Incubator and a variety of on- and off-campus opportunities.



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

The McCombs School has organized the McCombs Green Team, a staff and faculty team focused on environmental and sustainability issues at McCombs, UT, and Austin.  The mission of the McCombs Green Team is to increase awareness of environmental and sustainability issues and solutions within the community, partner with McCombs administration to implement solutions, partner with student organizations such as Net Impact, to suggest solutions for staff, faculty and students to implement in daily life.

Academic Department

  • Management
    14 items
  • Marketing
    8 items
  • Business Law
    8 items
  • Accounting
    5 items
  • CSR/Business Ethics
    4 items
  • Business and Government
    3 items
  • Entrepreneurship
    3 items
  • International Management
    3 items
  • Environmental Management
    2 items
  • Economics
    2 items
  • Finance
    2 items
  • Public & Non-Profit Management
    1 items
  • Organizational Behavior
    1 items
  • Production and Operations
    1 items
  • IT & Information Systems
    1 items
  • Quantitative Methods
    1 items
Course Name: Environmental Law & Policy
Instructor: Rachael Rawlins

This course is about environmental law, a subject that necessarily includes consideration of environmental science, environmental economics, and environmental policy as essential elements of its analysis.  In addition to teaching about the substance of the laws pertaining to the environment, the course pursues a broader goal of teaching about how the legal system functions in an area of vital public concern. The coursebook, Environmental Law and Policy: Nature, Law, and Society, by Plater et al., uses the structure of the legal system as its organizing principle, selecting the best examples of how the process works—including an array of classic environmental cases—without focusing on the intricacy of a media-specific physical science area.

Course Name: Accounting and Control for Nonprofit Organizations
Instructor: Michael Granof

This course explore the accounting standards and practices of nonprofit organizations. Consideration is given to ethical and fiduciary duty.

Course Name: Advanced Topics in Financial Reporting
Instructor: Lisa Koonce, Robert Freeman

This course discusses how companies might manage earnings, which is an ethical issue.  It also examines how accounting standards are set, which is based on social issues as the accounting standard setters have to get the investing public and companies to agree to the standards. 

Course Name: Advocacy
Instructor: John Daly

This course focuses on research and theory related to the very practical issue of how one "sells" ideas and themselves. Integrating topics in persuasion and marketing, the course reviews relevant theories and research on strategic influence.

This course focuses on how people “sell” their ideas within organizations. Advocacy is especially important for social and environmental issues where the bottom line isn’t always clear. We use a host of examples from people who changed the world by their advocacy. How did Claire Patterson advocate successfully to have leaded gas banned? How did Merck scientists convince their company to give a drug away free throughout Africa? How was the concept of carbon credits sold within the EPA? How did Joan Ganz Conney convince her television station to create Sesame Street? All of these and many more are covered in this course.

Course Name: Analysis of Markets
Instructor: Ty Henderson

This course involves a case on launching a product into the bottom of the pyramid market in an emerging market. Topics include development issues and the changing geopolitical order in forecasting product success. Additionally, there is a case involving developing countries as potential targets to be analyzed. I share my own research on Embedded Premiums (purchase contingent donations to charity) in the context of determining willingness to pay and promotion ROI.

Course Name: Art and Science of Negotiations
Instructor: Doug Dierking, Kristie Loescher, Chris Meakin

Two out of 13 cases are directly concerned with ethics and international ethics.  This course covers the legal definition of fraud and discusses real world cases where there was ambiguity regarding fraud.  The cases offer opportunities for students to negotiate with one another. Negotiations are followed by a debrief and discussion regarding their interactions including any concerns regarding students who believe their negotiation partner has misrepresented facts or made statements that were perceived to be misrepresentations of the truth.  The course also covers cross-cultural differences regarding: norms and ethics, laws, responsible parties, bribery and “commissions” as well as cultural differences in general.  One of these cases includes various opportunities to negotiate a reduced environmental impact of a dam in an international location.  A third case specifically includes a party, “The Environmental League” whose sole concern is environmental impacts of a proposed new harbor port. All parties must consider the environmental impact of this new harbor.

Course Name: Brand and Integrated Communications for Nonprofits
Instructor: Minette Drumwright

“Branding” is a hot topic in the nonprofit world. While branding is a familiar concept in the commercial world, it is a relatively new focus among nonprofits. “Branding” as a marketing communication strategy has become a term of art, which encompasses much more than the traditional connotation of a brand name. For example, branding has been defined as “the platform on which the motivation behind the organization’s work may be articulated and the significance of its work may be appreciated” (Tan 2003). More specifically, a nonprofit organization’s “brand” can be viewed as “its mission come alive on an artistic, humanitarian, intellectual or political basis” (Tan 2003). Among the benefits of successful branding is creating a strong organizational identity that influences the loyalty of the organization’s constituencies. Understanding how to brand an organization effectively is now an overarching concern for both for-profit and nonprofit organizations alike. The course will have five major themes: 1) Theories and Frameworks Related to Branding and Integrated Communication; 2) Organizational Branding for Nonprofit Organizations; 3)Branding Social Causes; 4) Co-branding: Partnerships Between Companies and Nonprofits; 5) Ethical Issues of Branding and External Communications

Course Name: Brand Management
Instructor: Leigh McAlister, Susan Broniarczyk

Some of a firm’s most valuable assets are the brands that it has invested in and developed over time. Although manufacturing processes can often be duplicated, strongly held beliefs and attitudes established in consumers’ minds cannot. This course provides students with insights into the creation of profitable brand strategies. It addresses three important questions: (1) How do you build brand equity?; (2) How can brand equity be measured?; and (3) How do you capitalize on brand equity to expand your business? Its basic objectives are to provide an understanding of: (1) Important issues in planning and evaluating brand strategies; and (2) Appropriate concepts and techniques to improve the long-term profitability of brand strategies.  We devote one class session to consideration of the implications, for brand value, of unethical and/or environmentally unfriendly actions by the firm.   In addition, it is reasonable to expect that eithics and green issues can surface in the discussion of any of the forces that shape brand value (brand elements, marketing mix, leveraging brand equity—extensions/co-branding—and managing a brand across time and geographies).  

Course Name: Business Ethics And Social Responsibility
Instructor: Julie Irwin

1. Course Objectives. This course’s two main foci are the development of ethical leadership and responsibility.

In order to sharpen our ability to face the complexities of ethics in the business world, we will (1) learn about basic concepts relevant to business ethics, (2) start to develop ethical principles in a variety of business domains, and (3) practice discussing ethical issues with people from a variety of viewpoints and backgrounds.

After this course students will be even better equipped to use their education (and natural abilities) to be a success because they will be less likely to be hindered by ethical quandaries, scandals, and ambiguities.

Course Name: Business In Latin America
Instructor: Orlando Kelm

This course, taught in Spanish, is designed to teach various models of intercultural communication which serve as a basis for the analysis of the cultural issues that come into play when working internationally, specifically in Latin America and Spain.  The models include:  Victor's LESCANT model, Hofstede's Cultural Dimensions, and Hampden-Turner & Trompenaars Cultural Dilemmas.

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Type of Offering

  • Extracurriculars
    4 items
  • Student Clubs
    3 items
Sustainability Web Portal
Date: 2010

The President's Sustainability Steering Committee has introduced The University of Texas at Austin's Sustainability Web Portal, a university-wide Web site dedicated to sustainability-related initiatives across campus. The portal provides information on university initiatives, operations, opportunities to get involved and leadership on sustainability issues. Its major feature is the Sustainability Directory, a searchable, relational database focused on education and research at the university. Developed by the Lady Bird Johnson Wildflower Center and supported by the Office of the Provost, the directory topically organizes and presents sustainability-related faculty/staff profiles, research, courses, degree plans and curriculum, as well as centers and institutes involved in sustainability work. The directory's design allows faculty and staff to sign in with their UT EID and edit existing information as well as add new faculty/staff profiles, research or courses. We invite you to visit the Sustainability Web Portal at http://www.utexas.edu/sustainability/ and get involved.

CleanTech Speaker Series
Date: March, 2010

The McCombs CleanTech Group is an MBA student organization whose mission is to promote an economically viable, sustainable, and “intelligent-energy” future, through the support of market and technology innovations in energy efficiency, sustainable development, renewable energy, and emissions abatement. Speakers invited to our Speaker Series include:

• Tuan Pham, President of PowerFin Partners

• Colin Kelly, Director of Development Noble Environmental Power

• Mitch Jacobson, Co-Director of Clean Energy Incubator

• Kristian Hanelt, Vice President of Project Finance at Tioga Energy

• Mac Irvin, Managing Director of Structured Finance at SunPower

• Paul Pabor, VP of Renewables at Waste Management

• Russel Gold, Wall Street Journal Energy Reporter & Editor of the Environmental Capital Blog

• Marianne Kah, Chief Economist at ConocoPhillips

Sustainability Summit
Date: April, 2010

Sustainability is one of the most misunderstood words in today’s marketplace. By bringing together diverse perspectives from the world’s most respected business and sustainability experts, the summit will offer a great opportunity to discuss how the business community defines sustainability and how businesses can effectively implement and profit from sustainable business practices. With a greater understanding of what defines sustainability, you will move beyond “why sustainability,” and engage in discussions on “how” to leverage sustainability in the business world.

Meet leaders from some of the world’s most respected businesses, and discover the sustainable strategies they have used to grow revenues and cut costs. Roll up your sleeves for interactive panel discussions, and network with other professionals in marketing, finance, operations, clean technology, and more.

Keynote Speakers: Dave Haft, VP Operating Sustainability and Productivity, Frito Lay

Nate Hurst, Director Public Affairs and Government Relations – Sustainability, Walmart

• Panel 1 - Sustainable Start-ups

• Panel 2 – Sustainable Policy

• Panel 3 – Labeling and Marketing

• Panel 4 – Recession and Sustainability

• Panel 5 – Sustainable Energy

• Panel 6 – Emerging Economies

UT Energy Forum
Date: February, 2011

The UT Energy Forum will take place on Thursday, February 3rd and Friday February 4th, 2011 in Austin, Texas. The primary purpose of the forum is the facilitate an interdisciplinary discussion of current and future energy policy and research issues to an audience of graduate students, professionals, and policymakers. It is anticipated that the event will be attended by ~400 individuals from UT and around Texas. It will also include 3-4 keynote addresses, a research poster competition between graduate students from across the university, several short Ted-style talks by industry and faculty presenters on their research, and 8 panel discussions by UT faculty and industry representatives on the following topics:

• Panel 1 - Energy Resources in 20 Years

• Panel 2 - Utility of the Future

• Panel 3 - Policy Tools to Advance New Energy Technology

• Panel 4 - The Impact of Widespread Adoption of Sustainable Design

• Panel 5 - Bringing Energy Storage to Market

• Panel 6 - Carbon Capture and Sequestration

• Panel 7 - New Developments in Oil and Gas

• Panel 8 - Powering Transportation

Keynotes:

• Dr. Arun Majumdar, Director of the Advanced Research Projects Agency – Energy (ARPA-E)

• Dr. Michael E. Webber, Assistant Professor, Department of Mechanical Engineering, Associate Director, Center for International Energy & Environmental Policy, Co-Director, Clean Energy Incubator

Net Impact

Net Impact McCombs is a professional organization for current MBA students. Its purpose is to develop and inspire a network of business leaders who promote innovative, socially and environmentally responsible practices that success in the global marketplace. NI McCombs provides its members with professional development, social, educational, and networking opportunities. Net Impact’s mission is to inspire, educate, and equip individuals to use the power of business to create a more socially and environmentally sustainable world. At McCombs, we know that good business practices don't stop at the bottom line.

Clean Tech

The McCombs CleanTech Group is an MBA student organization whose mission is to promote an economically viable, sustainable, and “intelligent-energy” future, through the support of market and technology innovations in energy efficiency, sustainable development, renewable energy, and emissions abatement.

We hope to achieve this goal by:

1. Serving as a hub for networking and information exchange by connecting students with the businesses, investors, and industry experts who are driving these innovations

2. Supporting our members' professional development by providing access to events and opportunities in this rapidly developing sector of the economy

MBA Health Association

The mission of the MBA Health Association is to offer unique opportunities to learn, lead, and succeed in preparing for the challenges of today's highly competitive healthcare industry. We hope to foster student understanding of the health care business, share knowledge of careers in the health care industry, provide opportunities for students to exhibit knowledge and skills to employers, and encourage and facilitate development of relationships among McCombs students and the public and private sectors. Events include: Visits to various national healthcare conferences, MBA healthcare case competitions, networking events with healthcare industry professionals in all healthcare sectors, healthcare educational events, coffee chats, and a healthcare symposium with leading industry and academic professionals, and a Second Year Internship Chat Session.

Allies in the Workplace: Including LGBT in HRD.
Author(s): Edwards, Kathleen

The article looks at efforts to incorporate lesbian, gay, bisexual, and transgender (LGBT) employees into human resource development (HRD) practices. Gender identity and sexual minorities are actively opposed by religious and political entities within the national climate. Human resource development professionals with backgrounds in education, organizational change, research, or advocacy are poised to help LGBT employees in the workplace reach a status of equity and well-being comparable to heterosexual employees.

Journal Title: Advances in Developing Human Resources Volume: 1 Edition: 11 Page Numbers: 136-149
Bad Apples, Bad Cases, and Bad Barrels: Meta-Analytic Evidence About Sources of Unethical Decisions at Work
Author(s): Harrison, David A.

As corporate scandals proliferate, practitioners and researchers alike need a cumulative, quantitative understanding of the antecedents associated with unethical decisions in organizations. In this meta-analysis, the authors draw from over 30 years of research and multiple literatures to examine individual ("bad apple"), moral issue/"bad case"), and organizational environment ("bad barrel") antecedents of unethical choice. Findings provide empirical support for several foundational theories and paint a clearer picture of relationships characterized by mixed results. Structural equation modeling revealed the complexity (multidetermined nature) of unethical choice, as well as a need for research that simultaneously examines different sets of antecedents. Moderator analyses unexpectedly uncovered better prediction of unethical behavior than of intention for several variables. This suggests a need to more strongly consider a new "ethical impulse" perspective in addition to the traditional "ethical calculus" perspective. Results serve as a data-based foundation and guide for future theoretical and empirical development in the domain of behavioral ethics. [ABSTRACT FROM AUTHOR].

Journal Title: Journal of Applied Psychology Volume: 1 Edition: 95 Page Numbers: 1-31
Consumer Receptivity to Social Marketing Information: The Role of Self-Rated Knowledge and Knowledge Accuracy
Author(s): Golden, Linda

Prior knowledge has been shown to impact information search and processing in traditional product and service contexts. We examine the impact of two types of prior knowledge, subjective knowledge and self-rated knowledge, on information receptivity in a critical social marketing realm--AIDS. We find that subjective knowledge accuracy is positively related to topic receptivity, and self-rated knowledge is inversely related to message receptivity. The two types of knowledge exhibit a low correlation, indicating that some subjects may think they know more than they actually do regarding HIV transmission. Involvement with the AIDS issue was positively related to both types of information receptivity. Social marketers and policy makers must consider the factors that influence message receptivity if they hope to create messages that will ultimately influence and demarket high-risk behaviors. A two-tiered approach, first improving public receptivity to the AIDS topic, then communicating specific HIV prevention information, may be necessary to reduce negative outcomes associated with public misinformation about HIV/AIDS.

Journal Title: Academy of Marketing Studies Journal Volume: 2 Edition: 13 Page Numbers: 25-34
Designing for Diversity or Diversty for Design? Tasks, Interdependence, and Within-Unit Differences at Work
Author(s): Harrison, David A.

The article presents an overview of the complex relationship that exists between work design, employee diversity and teams in organizations. A discussion of the impact that diversity in the workplace and an increase in teams in the workplace has had on work design and job performance in organizations is presented. Research which has examined diversity in the workplace and teams in the workplace in relation to work design is examined. The importance of considering the social aspects of employees and teams when creating work design is discussed.

Journal Title: Journal of Organizational Behavior Volume: 2/3 Edition: 31 Page Numbers: 328-337
Effects of Expatriate Demographic Characteristics on Adjustment: A Social Identity Approach
Author(s): Martins, Luis L.

As demand increases for expatriates to manage far-flung operations in a global economy, scholars and practitioners are focusing their attention on the factors that contribute to expatriate success. One such factor is the support that expatriates receive from host country nationals (HCNs) with whom they work. Researchers interested in understanding expatriate success have not closely examined the phenomenon from an HCN perspective, however. At the same time, although we have gained a significant understanding of the roles of psychological, organizational, and contextual variables in the international assignment, there is still much to be understood about how expatriates' demographic characteristics affect their experiences in international assignments. Current findings regarding the effects of demographic characteristics often are inconsistent, highlighting the need for more complex theorizing. This article reviews recent research on the effects of expatriate demographic characteristics and proposes a social identity approach to understanding how these characteristics affect HCN support for the expatriate. It also seeks to develop a theory that addresses discrepancies in extant empirical findings, provides propositions to guide future research in the study of expatriates, and discusses implications for both researchers and practitioners. [ABSTRACT FROM AUTHOR]

Journal Title: Human Resource Management Volume: 2 Edition: 48 Page Numbers: 311-328
Effects of Nationality, Gender and Religiosity on Business-Related Ethicality
Author(s): Peterson, Robert A.

Cross-national studies of business-related ethicality frequently have concluded that Americans possess higher ethical standards than non-Americans. These conclusions have generally been based on survey responses of relatively small convenience samples of individuals in a very limited number of countries. This article reports a study of the relationship between nationality and business-related ethicality based on survey responses from more than 6300 business students attending 120 colleges and universities in 36 countries. Two well-documented determinants of business ethics (gender and religiosity) were investigated as moderators of the nationality–business ethicality relationship. The major research finding is that, while statistically significant differences were found between the business-related ethicality of American survey participants and the business-related ethicality of the non-American survey participants, the magnitudes of the differences were not substantial. The results of the study suggest that (i) more empirical cross-cultural/national research is required on business-related ethicality and (ii) previous explanations for cross-cultural/national differences in ethics need to be reconsidered before further generalizations are warranted.

Journal Title: Journal of Business Ethics Volume: 4 Edition: 96 Page Numbers: 573-587
Ethical Decisions and Response Mode Capatibility: Weighting of Ethical Attributes in Consideration Sets Formed by Excluding Versus Including Product Alternatives
Author(s): Irwin, Julie R.

Across four studies, including one involving an actual monetary decision, the authors demonstrate that forming a product consideration set by excluding versus including alternatives induces consumers to place more weight on ethical attributes, such as company labor practices and animal testing. This nonnormative difference reflects a compatibility between exclusion and ethics, and it holds regardless of attribute framing or consumer emotion. The authors also find that consumers judge others' behavior more negatively for excluding ethical products than for including ethical products. These results have implications for the marketing of ethical products, both specifically (e.g., it is important to encourage exclusion modes) and generally (e.g., the failure to consider ethical products may reflect seemingly minor contextual issues guiding the decision process and not consumer disinterest in ethical issues). [ABSTRACT FROM AUTHOR]

Journal Title: Journal of Marketing Research (American Marketing Association) Volume: 2 Edition: 46 Page Numbers: 234-246
Explicit versus Implicit Contracts: Evidence from CEO Employment Agreements
Author(s): Hartzell, Jay; Parrino, Robert

We report evidence on the determinants of whether the relationship between a firm and its Chief Executive Officer (CEO) is governed by an explicit (written) or an implicit agreement. We find that fewer than half of the CEOs of S&P 500 firms have comprehensive explicit employment agreements. Consistent with contracting theory, explicit agreements are more likely to be observed and are likely to have a longer duration in situations in which the sustainability of the relationship is less certain and where the expected loss to the CEO is greater if the firm fails to honor the agreement. The focus of this paper is inextricably linked to fundamental issues in corporate finance. A well-designed employment agreement internalizes the costs and beneits of the CEO's investment, operating, and financing decisions, thereby providing the CEO with incentives to act in the stockholders' interests.

Journal Title: Journal of Finance Volume: 4 Edition: 64 Page Numbers: 1629-1655
Firms' Stakeholders and the Costs of Transparency
Author(s): Almazan, Andres; Titman, Sheridan

We develop a model of a firm whose production process requires it to initiate and nurture a relationship with its stakeholders. Because there are spillover benefits of being associated with a “winner,” the perceptions of stakeholders and potential stakeholders can affect firm value. Our analysis indicates that while transparency (i.e., generating information about a firm's quality) may improve the allocation of resources, a firm may have a higher ex ante value if information about its quality is not prematurely generated. Transparency costs arise because of asymmetric information regarding the extent to which stakeholders benefit from having a relationship with a high-quality firm. These costs are higher when firms can undertake noncontractible innovative investments that enhance the value of their stakeholder relationships. Stakeholder effects of transparency are especially important for younger firms with less established track records.

Journal Title: Journal of Economics & Management Strategy Volume: 3 Edition: 18 Page Numbers: 871-900
IFRS: Will Values Trump Professional Ethics?
Author(s): Granof, Michael H.

The likely shift in the U.S. away from the Generally Accepted Accounting Principles (GAAP) toward the International Finacial Reporting Standards (IFRS)--from a "rules based" to a "principles-based" system--will present new challenges to the values of the accounting profession and its individual members. These challenges will have less to do with technical adjustments, or adherences to the AICPA Code of Conduct, as they will a shift in values. Auditors will have to place service to the investing public above service to clients, and adherence to economic substance above conformity to rules. Accounting principles will have to prevail over accounting rules.

Journal Title: Compliance and Ethics Professional Magazine Volume: 2 Edition: 6 Page Numbers: 20-22
Implicit Employment Contracts: The Limits of Management Reputation for Promoting Firm Productivity
Author(s): Williamson, Michael G.

Implicit employment contracts are a common way to motivate firm productivity but also require that employees trust management to be fair when allocating postproduction firm resources between employees and owners. We use an experiment to study the problem of motivating firm productivity, which depends on levels of owner investment and employee productive effort, when managers have an incentive to favor the owner's interests over those of the employee. Drawing on research in psychology and behavioral economics, we argue that reputation concerns can more effectively promote firm productivity when manager compensation is relatively insensitive to how much the owner is allocated after production occurs. Consistent with our predictions, we find that reputation concerns lead to greater firm productivity and higher payoffs for all firm members, but only when manager pay is relatively insensitive to the owner's ex post allocation. In addition to offering testable empirical implications, our theory and results are important because they can help explain why executive compensation is, in practice, surprisingly insensitive to owner returns. [ABSTRACT FROM AUTHOR]

Journal Title: Journal of Accounting Research Volume: 1 Edition: 48 Page Numbers: 147-176
Measuring Productivity Growth, Technical Progress, and Efficiency Changes of CPA Firms Prior to, and Following the Sarbanes-Oxley Act
Author(s): Cooper, William; Ruefli, Timothy

This paper investigates productivity growth, technical progress, and efficiency change for a group of the 56 largest CPA firms in the US from the period 1996–1999 through the period 2003–2006, where the former preceded, and the latter followed, enactment of the Sarbanes–Oxley Act (SOX). Data envelopment analysis (DEA) is used to calculate Malmquist indices of three measures of interest: productivity growth, technical progress, and efficiency change. Results indicate that CPA firms, on average, experienced a productivity growth of approx. 17% from the pre- to post-SOX period. Consistent with the finding of Banker et al. [Banker RD, Chang H, Natarajan R. Productivity change, technical progress and relative efficiency change in the public accounting industry. Management Science 2005;51:291–304], this productivity gain can be attributed primarily to technical progress rather than a change in relative efficiency. In addition, results indicate that the “Big 4” firms underperformed their non-Big 4 counterparts in both productivity growth and technical progress.

Journal Title: Socio-Economic Planning Sciences Volume: 4 Edition: 43 Page Numbers: 221-228
Performance in Intercultural Interactions at Work: Cross-Cultural Differences in Response to Behavioral Mirroring.
Author(s): Bartel, Caroline A.

This article examines how performance in intercultural workplace interactions can be compromised even in die absence of overt prejudice. The authors show that individuals respond differently to nonverbal behavioral mirroring cues exhibited in workplace interactions, depending on their cultural group membership. In a field study with experienced managers, U.S. Anglos and U.S. Latinos interacted with a confederate who. unbeknownst to die participant, engaged (or not) in behavioral mirroring. Results show that the level of the confederate's mirroring differentially affected Latinos' state anxiety, but not Anglos' state anxiety, as well as actual performance in die interaction. Two additional laboratory experiments provide further evidence of die interactive relationship of behavioral mirroring and cultural group membership on evaluations of workplace interactions. Implications for intercultural interactions and research are discussed.

Journal Title: Journal of Applied Psychology Volume: 1 Edition: 94 Page Numbers: 216-223
Pre-Empting Disclosure? Firms’ Decisions Prior to FIN 48
Author(s): Mills, Lilian

FIN No. 48, Accounting for Uncertainty in Income Taxes (FASB 2006), requires firms to disclose tax reserves and to record changes in tax reserves at adoption of FIN No. 48 as cumulative effect adjustments in stockholders' equity. We predict that between the enactment and adoption of FIN No. 48, relative to historical levels, firms settle disputes more often to potentially decrease visibility to the IRS and release reserves more often to reduce scrutiny and increase earnings (as opposed to retained earnings). We analyze 2005 and 2006 10-Qs and 10-Ks for the 100 largest nonfinancial, nonutility firms followed by analysts. Between enactment and adoption of FIN No. 48, relative to historical levels, firms report more settlements with tax authorities and release reserves more frequently. In addition, firms with higher IRS deficiencies are more likely to settle disputes. Between enactment and adoption of FIN No. 48, firms increased earnings by releasing $4.4 billion of tax reserves, nearly equaling the $4.5 billion released at adoption. [ABSTRACT FROM AUTHOR]

Journal Title: Accounting Review Volume: 3 Edition: 85 Page Numbers: 791-816
Promoting Brands Across Categories with a Social Cause: Implementing Effective Embedded Premium Programs
Author(s): Henderson, Ty

Embedded premium (EP) promotions promise purchase-contingent donations to a social cause and are typically studied within a single category. However, EP programs spanning multiple product categories and brands are widespread. This research investigates fundamental questions regarding where and to what extent an EP promotion should be used in multicategory contexts. Using experimental choice data from more than 3500 people in two studies, the authors examine multicategory EP programs in two distinct branding environments: spanning a diverse house-of-brands portfolio or covering a multicategory product line that shares a common corporate brand name. For the corporate brand context, the results show that EP effects in one category carry over to adjacent categories that do not have an EP association. Greater multicategory EP prevalence does not enhance brand attractiveness beyond the effect of a single EP exposure. For the house-of-brands context, there is an inverse relationship between brand strength and incremental gain from EP. From a return-on-investment standpoint, EP promotions are more efficient than price promotions because they enhance brand preference and are relatively cheaper to deploy. The results make a strong case for a more discriminating implementation of EP programs across brands and categories. [ABSTRACT FROM AUTHOR]

Journal Title: Journal of Marketing (American Marketing Association) Volume: 6 Edition: 74 Page Numbers: 41-60
Re-Branding Social Good: Social Profit as a New Conceptual Framework
Author(s): Golden, Linda

The term "non-profit" has been criticized as fiscally inaccurate and negative, when the goal of these organizations is, in fact, positive. The United States Internal Revenue Service (IRS) Code states that earnings gained by "non-profit" organizations may not benefit individuals or stakeholders, which neglects a broader, social-context definition of the term "stakeholder". The concept of "social profit" is a more positive, more accurate descriptor of an orientation toward benefit to all societal stakeholders. This paper presents a new conceptual framework for social impact, "social profit," which can be a goal shared by for-profit enterprises and non-profit organizations ("pure social profit enterprises"). Applying this universal term connects a diverse array of organizations in their common purpose: benefitting society. The increased importance of ethical behavior, transparency, and accountability demanded in the marketplace presents unique opportunities and challenges for enterprises of all kinds. We assert that social profit enterprises (SPEs), when managed like their for-profit counterparts, impact social improvement more widely and deeply than any other market entity. A range of social profit enterprises (SPEs), SPE functions, and methods for determining the strategic value of social profit ventures (SPVs) are identified. By rebranding the nomenclature used in discussing social good and utilizing the rigor of for-profit, business-like thought, social profit enterprises can maximize their impact. These practices would include implementing evaluative metrics, standards-based goals, individual stakeholder incentives, conservative operations, enterprise risk and opportunity management (EROM), and effective communications strategy. This paper provides suggestions for so doing. [ABSTRACT FROM AUTHOR]

Journal Title: Academy of Marketing Studies Journal Volume: 2 Edition: 13 Page Numbers: 97-117
The Cheating Culture: A Global Societal Phenomenon
Author(s): Peterson, Robert A.

Today''s future business leaders are confronted early in their academic careers with history-making events which have a profound impact on the global economic system. These students of business are being exposed to behaviors as they unfold and, as such, are possibly living in an age of the “cheating culture” whereby everybody cheats because everyone else does it. Business students from around the world completed a cheating culture scale as part of a much larger investigation examining college students’ attitudes toward capitalism and business ethics. Findings suggest that the cheating culture is not just a capitalistic phenomenon and that attitudinal differences are driven by gender, country corruption, and socioeconomic environment. Future business leaders worldwide, who are being shaped by news reports of scandal, are also being taught the fundamentals of operating in the business world. Unfortunately, they may be learning to inextricably combine the cheating culture with best business practices.

Journal Title: Business Horizons Volume: 4 Edition: 52 Page Numbers: 337-346
The Concept and Marketing Implications of Hispanicness
Author(s): Peterson, Robert A.

Hispanic ethnicity has been traditionally treated as a dichotomous variable, analogous to demographic variables such as gender or marital status. This treatment is atheoretic, simplistic, and ignores the fact that being a Hispanic does not reflect the degree to which Hispanic ethnicity or "Hispanicness" is possessed. The present research conceptualizes Hispanicness as a continuous psychological construct that provides the basis of a Hispanicness typology. This conceptualization is operationalized using a theoretical, psychometrically grounded approach incorporating ethnic identity and the cultural value "familism." The conceptualization and operationalization are empirically tested on a national sample of Hispanics. Results provide insights into and extend previous research on Hispanic consumer behavior. [ABSTRACT FROM AUTHOR]

Journal Title: Journal of Marketing Theory & Practice Volume: 4 Edition: 17 Page Numbers: 303-316
The Sustainability Liability: Potential Negative Effects of Ethicality on Product Preference
Author(s): Irwin, Julie R.; Raghunathan, Rajagopal

Manufacturers are increasingly producing and promoting sustainable products (i.e., products that have a positive social and/or environmental impact). However, relatively little is known about how product sustainability affects consumers' preferences. The authors propose that sustainability may not always be an asset, even if most consumers care about social and environmental issues. The degree to which sustainability enhances preference depends on the type of benefit consumers most value for the product category in question. In this research, the authors demonstrate that consumers associate higher product ethicality with gentleness-related attributes and lower product ethicality with strength-related attributes. As a consequence of these associations, the positive effect of product sustainability on consumer preferences is reduced when strength-related attributes are valued, sometimes even resulting in preferences for less sustainable product alternatives (i.e., the “sustainability liability”). Conversely, when gentleness-related attributes are valued, sustainability enhances preference. In addition, the authors show that the potential negative impact of sustainability on product preferences can be attenuated using explicit cues about product strength. [ABSTRACT FROM AUTHOR]

Journal Title: Journal of Marketing (American Marketing Association) Volume: 5 Edition: 74 Page Numbers: 18-31
Using Malmquist Indexes to Measure Changes in the Productivity and Efficiency of U.S. Accounting Firms Before and After the Sarbanes-Oxley Act
Author(s): Cooper, William; Ruefli, Timothy

There have been many criticisms of the Sarbanes–Oxley (SOX) Act passed in July of 2002 to correct business accountability and performance practices. The act has a major emphasis on accounting and its practices. This paper attempts a response to these criticisms by investigating changes in productive efficiency for 62 of the largest US public accounting firms between the periods (2000–2001) and (2003–2004)—the periods before and after enactment of SOX in July of 2002. DEA is used to calculate Malmquist indexes of productivity and efficiency changes. This index is used because it can distinguish between changes in technical efficiency, which limit the possibilities, and changes in the performance efficiencies for each firm. Contrary to many of the criticisms, results indicate that accounting firms have exhibited significant post SOX growth in productive efficiency which is better than pre-SOX performances.

Journal Title: OMEGA Volume: 5 Edition: 37 Page Numbers: 951-960

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