This abstract was created post-production by the JFI Editorial Board. This study provides useful information for advisors and finance faculty members. With the increasing emphasis on student retention, it is desirable to have information which can help to predict student performance. Advisors whose advisees are planning to enroll in business finance could pay special attention to their advisees with low math SAT scores and low grades in accounting, economics, statistics, and college math courses. Also students who have attempted a large number of hours before taking the course warrant special attention. Advisors could make special efforts to offer specific advice to these students: contact the course instructor when course concepts are not clear; reduce course load when there are substantial work or other commitments; keep up in the class daily; and take advantage of the university's tutoring services. Since the class roster and students' academic records are available to the course instructor several weeks before classes begins, similar advice could be provided by the course instructor to those students at risk of performing poorly in the class. It is extremely important, however, that any such advice be provided to students with finesse and discretion. Students should not be made to feel that they have been targeted as potential failures before the class has begun.
Capital budgeting investment decisions are fertile ground for researchers because these decisions both involve the use of a large portion of a firms assets and require predictions of the future. Various techniques are used to analyze capital budgeting projects. Among these are (1) net present value (2) internal rate of return (3) payback and (40 several averaging methods. This paper seeks to determine what methods are currently used by major American firms to determine if the more theoretically correct methods are employed and how firms implement and monitor the techniques used. The authors surveyed the Fortune 500 Companies and received some surprising responses. Replies from firms indicated that most firms use the theoretically superior discounting methods when analyzing capital budgeting problems. However, almost 21% of the respondents stated that payback was their preferred method for analysis. The study further showed that payback, while popular, was used for relatively small projects. The study revealed one major area of concern which was that of review and feedback. Approximately 20% of the firms surveyed had no review mechanism and thus may be making poor decisions because of failure to adjust their models as business conditions change. In summary, the study has two surprising findings regarding capital budgeting. First, almost 21% of the responding firms used payback as the preferred method of analysis. While most of the projects where payback was applied were small, the wide acceptance of payback was surprising. Second, and perhaps of greater importance, was the failure by approximately 20% of the firms to employ a review procedure. Without such a procedure, those firms will be unable to adapt quickly to changes in the business environment.
The purpose of this article is to revisit the relationship between growth and poverty which was widely discussed during the sixties. In view of the renewed reliance on this mechanism during the eighties by the Reagan administration and a concomitant increase in the incidence of poverty, a revisit of the topic is relevant. A regression model similar to the previous studies, but expanded to capture the emerging issues during the eighties is estimated for the period 1964–1987. A simple variable coefficient model to capture the secular decline in the effectiveness of growth to reduce poverty is also estimated. It is found that over the sample period, growth and transfer payments had significant effects on poverty; but their effects have been diminished by changes in income distribution, family composition, and the decline of the manufacturing sector during the seventies and eighties. Another interesting finding is that the impact of growth on the incidence of poverty is race neutral.
Successful completion of the introductory business finance course is a requirement in most undergraduate business programs. Prior research suggests that it is possible to develop a predictive model of academic performance in this course so that students likely to experience difficulty in business finance can be identified before the course begins. The purpose of this study is to evaluate several activities that might be beneficial to students identified as likely to have difficulty in the course. The results of this study suggest that extraordinary efforts by the instructor to improve the performance of poor performing students produce marginal results.
The purpose of this article is to examine the relationship between presidential politics and economic policy. Does it make a difference, from an economic perspective, as to what political party occupies the oval office? With evidence of voter discontentment (rise of Ross Perot, low voter turnout), this would seem to be a most relevant question. Using economic variables, it is found that presidents can and do influence economic events. In fact, the presidents party affiliation can be used as an indicator as to what economic policies will be implemented.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.