Global Business & Economics Anthology 

                          Volume I, March 2010

 

 

The Global Business & Economics Anthology (GBEA) is an international refereed publication,

published semi-annually by the Business & Economics Society International, with original papers selected from

the Society’s Conferences.

 

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      EDITOR

Demetri Kantarelis

 

         EDITORIAL BOARD

                                   

 

David E. Allen

Edith Cowan University, Australia

 

Zeljana Aljinovic Barac

University of Split, Croatia

 

Nathan Berg

University of Texas at Dallas, USA

 

Roberto Bergami

Victoria University, Australia

 

Helen Berry

University of Brighton, UK

 

Jörg Borrmann

University of Vienna, Austria

 

Lisa Bradley

University of Ulster, Austria

 

Steve Carter

Leeds Business School, UK

 

Sofia Daskou

Hellenic American University, Greece

 

Juan J. DelaCruz

Lehman College, CUNY, USA

 

Nathalie De Marcellis-Warin

Ecole Polytechnique de Montréal, Canada

 

Peter Demediuk

Victoria University, Australia

 

Andreas Efstathiades

European University Cyprus, Cyprus

 

Katalin Eibel-Spanyi

Eastern Connecticut State University, USA

 

Graham Elkin

University of Otago, New Zealand

 

 

Anastassios Gentzoglanis

Université de Sherbrooke, Canada

 

Pedro J. Gutierrez

Universidad de Valladolid, Spain

 

Ferda Halicioglu

Yeditepe University, Turkey

 

Neil Hart

University of Western Sydney, Australia

 

Marko Kolakovic

University of Zagreb, Croatia

 

László Kónya

La Trobe University, Australia

 

Anthony B. Lumby

University of the Witwatersrand, South Africa

 

Yasumi Matsumoto

Waseda University, Japan

 

Sam Mirmirani

Bryant University, USA

 

Guilherme D. Pires

University of Newcastle, Australia

 

Rolf Solli

Göteborg University, Sweden

 

Mark S. Teachout

University of the Incarnate Word, USA

 

Nilüfer Tetik

Akdeniz University, Turkey

 

S. Ram Vemuri

Charles Darwin University, Australia

School of Law and Business

 

Thierry Warin

Middlebury College, USA

 

 

   Global Business & Economics Anthology 

                Volume I, March 2010

 

 

             CONTENTS

 

 

ACCOUNTING & MANAGEMENT                                                                          (Page Number)

 

Photographs in Annual Reports: A Longitudinal Case Study                                                         1

Patricia Stanton & Janise White

University of Newcastle, Australia

 

Cultural Impact on Management Styles: A Cross-Cultural Study between                                   14

Managers of Puerto Rico and Dominican Republic

Antonio Lebrón,Turabo University, Puerto Rico & 

Juan Carlos Sosa Varela, Puerto Rico 

 

 

FINANCE, BANKING AND THE MACROECONOMY

 

Major Financing Channels and U.S. Economic Growth Empirics                                                32

Prashanta K. Banerjee, King Faisal University, Saudi Arabia &

Matiur Rahman, McNeese State University, USA

 

A Test of two Open-Economy Theories: The Case of Oil Price Rise and Japan                          45

Kavous Ardalan, Marist College, USA

 

Exchange Rate Policy and Trade Balance in Croatia                                                                   57

Jurica Šimurina, University of Zagreb, Croatia

Sandra Belčić, Zagrebačka Stvarnost, Croatia

 

Pensions Reform In The Republic of Croatia: Open Questions and Dilemmas                              65

Nika Sokol, Maja Mihelja & Dajana Cvrlje

University of Zagreb, Croatia

 

Asset Size Distribution of U.S. Banks Since Riegle-Neal                                                            74

Joseph N. Heiney, Elmhurst College, USA

 

 

ENTREPRENEURSHIP

 

Hi-Tech Venturing Preparedness Education: Evidence of Lost Opportunities                               80

Teresa V. Menzies, Brock University, Canada

 

An Entrepreneurship Perspective to Postgraduate Research and Practice                                    88

         Alex Maritz, Swinburne University of Technology, Australia

Venture Catalyst or Vulture Capitalist?                                                                                    97

Keith C.K. Cheung, University of Windsor, Canada

Yunbi An, University of Windsor, Canada

 

Strategic Cost Management in Croatian Lean Companies                                                         106

Mihaela Mikić, University of Zagreb, Croatia

 

 

EDUCATION ISSUES

 

The E-Learning Experience - Its Impact on Student Engagement                                              115

and Learning Outcomes

Lily Wong, Centre for Strategic Economic Studies,

Victoria University, Australia

 

Relationship Quality and Continuous Education: A Study of Fee-Paying                                    127

Students in Hong Kong.

                      Sangeeta Narwani, Hong Kong &

Guilherme Pires, University of Newcastle, Australia

 

Active Teaching Techniques and Students’ Creative Potential                                                   146

Victoria Nikolayevna Ostrovskaya, Stavropol State University, Russia

 

 

TRADE, MICROECONOMICS & THE STATE

 

Global Views of US Image And Trust: The Impact on US Exports and Market Share               149

Michael J. Harrison, Framingham State College, USA.

 

A Simple Model to Test the Role of Sentiments in Expected Wealth                                         162

Pedro J. Gutiérrez, Universidad de Valladolid, Spain

 

Implications of Tax Incremental Financing on Disadvantaged Families                                       179

Robert J. Eger III & Jan Haavard Maridal, Florida State University, USA

 

Do High School Examination Results Impact Residential Property                                             188

Prices - A Tale of two UK Cities.

         John Glen & Joseph G Nellis
         School of Management, Cranfield University, UK

 

Influences on Macao’s E-Government Portal Adoption                                                            201

Cora Sio Kuan Lai - Macao Polytechnic Institute, Macao PRC

Guilherme Pires, University of Newcastle, Australia

 

Critical Factors in Regulation and Competition for Mexico’s                                                     213

Telecommunications Connections.

Marcela C. Revilla E.

Monterey Institute of Technology and Higher Education, Mexico

 

Efficiency of State Social Policy in Russia                                                                                 217

Galina Timofeyeva & Yuriy Timofeyev

Volgograd State University, Russia

 

 

HUMAN RESOURCES

 

The Importance of Managing Intellectual Capital in Retaining Officer- Seafarers                        225

Ruanthi De Silva, Patricia Stanton, University of Newcastle, Australia &

John Stanton, University of Western Sydney, Australia

 

The Connection between Well-Being and Stress of Employees in Organizations                        234

Sonja Treven,  Simona Šarotar Žižek & Matjaž Mulej

University of Maribor, Slovenia

 

Measuring Social Spending Efficiency in Reducing Poverty in the European                               246

Union: Parametric and Non Parametric Frontier Methods

Kosta Josifidis, Novica Supic & Emilija Beker Pucar

University of Novi Sad, Serbia

 

Employment Protection Legislation and Labour Market Outcomes                                           258

Yoshihiko Fukushima, Waseda University, Japan

 

 

ECONOMIC DEVELOPMENT & HEALTHCARE ISSUES

 

Human Prosperity                                                                                                                    268

Jan H. Maridal & Robert J. Eger III,

Florida State University, USA

Remittances in El Salvador and Ecuador: A Comparative Analysis of                                        281
Household Surveys

Jessica Audrey Clayton, Middlebury College, USA

Thierry Warin, Middlebury College, USA & CIRANO, Canada

 

Real-World Diabetes Adherence: An Analysis of German Pharmacy Records                           291

Sonja Geisel-Marbaise & Harald Stummer

UMIT, Austria

 

 “Underdevelopment Whirlpools” As Instrument of World Economy                                         304

Polarization Measurement

Elena Gennadjevna Popkova,

Larisa Semenovna Shakhovskaya &

Tatiana Nikolayevna Mitrakhovich

Volgograd State Technical University, Russia

 

 

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