SBANC Newsletter - October 7th, 2014

Page 1

ITWVF

ASBBS Deadline Extended

SBI Deadline Extended

ABR

Who: Rice Alliance

When: December 11, 2014

What: 12th Information Technology & Web Venture Forum

Where: Houston, TX, USA

Who: American Society of Business When: February 19-22, 2015 and Behavioral Sciences Where: Las Vegas, NV, USA What: ASBBS 22nd Annual Deadline: November 7, 2014 Conference Who: Small Business Institute

When: February 12-15, 2015

What: 39th Annual Academic

Where: St. Pete Beach, FL, USA

Conference Who: Academy of Business Research What: Winter 2014 Intl. Conference

IEDC

Who: International Economic Development Council

Deadline: October 10, 2014 When: November 5-7, 2014 Where: San Antonio, Texas, USA Deadline: October 20, 2014 When: October 19-22, 2014 Where: Fort Worth, TX, USA

What: 2014 IEDC Conference Who: IBEC

IBEC

Deadline: October 17, 2014

When: January 5-8, 2015

What: 14th International Business & Where: Bangkok, Thailand Economy Conference Deadline: October 15th, 2014


Who: GIBERI

ICGBS

NASBITE

When: June 4-6, 2015

What: Intl. Conf. for Business, Eco- Where: Durban, South Africa nomics & Social Science Deadline: January 1, 2015 Who: NASBITE International

When: April 13-17, 2015

What: 28th Annual Conference

Where: St. Louis, MO, USA Deadline: November 30, 2014

Who: ACERE

ACERE

What: 2015 ACERE Conference When: February 3-6, 2015

IABE

Who: Intl. Academy of Business and Economics What: IABE 2015 Conference

IIBA

IJIER

ECEG

MUSTANG

AF

Where: University of Adelaide, North Terrace Campus, Australia Deadline: October 17, 2014 When: June 18-20, 2015 Where: Rome, Italy

Deadline: April 10, 2015

Who: University of South Florida

When: March 28-April 2, 2015

What: 3rd Intl. Interdisciplinary Business-Economics Conference

Where: Ft. Lauderdale, FL, USA Deadline: December 15, 2014

Who: International Journal for Innovation Education and Research

What: Volume 2, Issue 10

Who: University of Portsmouth

When: June 18-19, 2015

What: 15th European Conference on eGovernment

Where: Portsmouth, UK

Who: Mustang Journals

When: February 26-28, 2014

What: 4th Intl. Academic Conference

Where: Las Vegas, NV, USA

Who: GSTF

When: May 18-19, 2015

What: 5th Annual Intl. Conference on Accounting and Finance

Where: Singapore

Deadline: October 20, 2014

Deadline: November 27, 2014

Deadline: January 15, 2015

Deadline: January 16, 2015


SBANC

UCA

UCA

The Small Business Advancement National Center aims at increasing your knowledge of small business and entrepreneurship. All questions and comments are greatly appreciated.

The Department of Marketing and Management at the University of Central Arkansas invites application for a tenure-track position in Innovation & Entrepreneurship beginning Fall 2015. The appointment is at the Assistant Professor level.

The Department of Marketing and Management at the University of Central Arkansas invites applicants for the position of Executive in Residence, beginning January 2015.

JSBS

The Small Business Institute is seeking a Sponsor for the Journal of Small Business Strategy. The SBI seeks an academic institution as a Sponsor to provide all editorial and production services required to maintain the academic integrity of the JSBS efficiently and effectively.

ACME

The Association of Collegiate Marketing Educators in conjunction with the Federation of Business Disciplines is having it’s 42nd Annual meeting March 11-14, 2015, in Houston, Texas. The paper deadline is October 15, 2014.

ECRM

The University of Malta is having its 14th European Conference on Research Methodology for Business and Management Studies June 1112, 2015, on its campus in Valetta, Malta, and is accepting paper submissions. The deadline is November 20, 2014.

GAM

The European Scientific Institute and Jawaharlal Nehru University in New Delhi, India, is having its 2nd Global Academic Meeting from April 1-4, 2015. The deadline for papers is March 1, 2015.


Tip

of the Week

“Companies are also making an effort to measure the nonfinancial factors that create value. ” The Business Case for Ethics and Social Responsibility Most managers now realize that paying attention to ethics and social responsibility is as important a business issue as paying attention to costs, profits, and growth. For one thing, in today’s information age, bad behavior is increasingly hard to hide, and “out-behaving the competition” can provide a real competitive advantage. Naturally, the relationship of a corporation’s ethics and social responsibility to its financial performance concerns both managers and management scholars and has generated a lively debate. One concern of managers is whether good citizenship will hurt performance — after all, ethics programs and social responsibility cost money. A commitment to sustainability means that things often have to be done in a more costly way. Hundreds of studies have been undertaken to determine whether heightened ethical and social responsiveness increases or decreases a company’s financial performance. Studies have provided varying results, but they have generally found a positive relationship between ethical and socially responsible behavior and firm financial performance. For example, a recent study of the top 100 sustainable global companies found that they had significantly higher sales growth, return on assets, profits, and cash flow from operations in at least some areas of business. Another review of the financial performance of large U.S. corporations considered “best corporate citizens” found that they enjoy both superior reputations and superior financial performance. Similarly, Governance Metrics International, an independent corporate governance ratings agency in New York, reports that the stocks of companies run on more selfless

principles perform better than those run in a selfserving manner. Although results from these studies are not proof, they do provide an indication that using resources for ethics and social responsibility does not hurt companies. Companies are also making an effort to measure the nonfinancial factors that create value. Researches find, for examples, that people prefer to work for sustainable companies or companies that demonstrate a high level of ethics and social responsibility; thus, these organizations can attract and retain high-quality employees. Customers pay attention too. A study by Walker research indicates that price and quality being equal, two-thirds of customers say they would switch brands to do business with a company that is ethical and socially responsible. Another series of experiments by Remi Trudel and June Cotte of the University of Western Ontario’s Ivey School of Businesss found that consumers were wiliing to pay slighlty more for products they were told had been made using high ethical standards. Enlightened managers realize that integrity and trust are essential elements in sustaining successful and profitabel business relationships with an increasingly connected and wellinformed web of employees, customers, suppliers, and partners. Although doing the right thing might not always be profitable in the short run, many managers believe that it can provide a competitive advantage by developing a level of trust that money can’t buy.


Merger And Acquisition Announcements Effect On Acquiring Company’s Stock Price: A Test Of Market Efficiency. This paper was written by Daniel Ferrara and Frank Bacon from Longwood University.

Executive Director

Abstract:

Dr. Don B. Bradley III

The purpose of the study is to test the efficient market hypothesis in regards to merger and acquisition announcements. This study will examine how recent merger and acquisition announcements of fifteen U.S. firms affect the firms’ stock price. Since merger and acquisition announcements are public information, the semi-strong efficient market hypothesis will be used to test the efficiency of the announcements. All merger or acquisition announcements analyzed are from the year 2013 and standard risk adjusted even study methodology (market model) will be used to test the hypothesis. (Page 9)

Development Intern Daniel Champion Marissa Sides

The Small Business Advancement National has recently made immense changes to the layout of its website, SBAER.UCA.EDU, as well as its Newsletter. We welcome constructive criticism, comments, and of course, all questions throughout this transition.

Read Entire Paper Here

Email: SBANC@UCA.EDU Phone: 1 (501) 450-5300 Mail:

UCA Box 5018 201 Donaghey Avenue Conway, AR 72035-0001

Allied Academies

Management

2014 Nashville, Spring Conference

Richard L. Daft

Daniel Ferrara and Frank Bacon

CENGAGE LEARNING

Page 9

Page 161-162

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