Table of Contents - The Institute for Business and Finance Research
Transcripción
Table of Contents - The Institute for Business and Finance Research
GLO BAL CO N F E R E N C E O N BUS I N E S S A N D F I NA N C E CO N F E R E N C E P R O GR A M The Institute for Business and Finance Research The In s t itute for B u si nes s and Fi n ance Res earch Trump Plaza Atlantic City, New Jersey January 6-9, 2009 THEIBFR.ORG GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Table of Contents Letter from the Conference Chair ............................................. 3 The Institute for Business and Finance Research ........................... 5 Editorial Advisory Boards ........................................................ 8 Future Conferences............................................................. 10 Schedule of Events .............................................................. 11 Presentation Equipment ...................................................... 12 Paper Sessions ................................................................... 13 Awards............................................................................. 34 Index of Participants ........................................................... 40 Universities, Institutions and Firms Represented......................... 43 Countries Represented ......................................................... 45 Welcome to Atlantic City, New Jersey, USA! Have a productive and fun Conference! Please Note That Admittance to the Awards Banquets Require an Admission Ticket Your Identification Badge is required for admission to All Conference Functions Para Ingresar al evento de Premiación Usted Necesita un Tiquete de admission Por Favor Utilice su Gafete/Tarjeta de Identificación Durante Todas las Funciones del Congreso Bienvenidos a Atlantic City, New Jersey, USA Deseamos que el Congreso sea Productivo! The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 2 Letter from the Editor We l co m e to At l a nt i c Ci t y On behalf of the Staff and the IBFR, I welcome you to Atlantic City, New Jersey and the 2009 Global Conference on Business and Finance. We hope you have a productive conference and enjoy your time in Atlantic City. If we can be of any assistance to you during your time in San Jose please do not hesitate to contact us. We all know that college professors must balance their teaching, research, and service obligations. Finding the right forum to share and obtain feedback on our research, new teaching techniques, and innovative administrative processes can be challenging at times. The Institute for Business and Finance Research was created to facilitate your work by providing an environment conducive to knowledge and experience sharing. We encourage the academic community to come and share their work at our conferences and in our Journals. We welcome articles which are of interest to scholars and practitioners in all fields of business, economics and related fields. Welcome Bienvenidos The 2009 GCBF represents a long term commitment to bring individuals from around the world together to share their ideas and promote research on business and finance. The response to the conference has been outstanding. We wish to thank you for selecting the GCBF as your research outlet. We also wish to thank the many people that have contributed to making the conference a success. We are delighted to report that the conference is truly a global conference. We have participants from all corners of the globe at this academic conference. These individuals come from a variety of high quality institutions and will present work on a broad mix of academic issues. We are proud to announce two upcoming conferences. Our seventh conference will be held May 27-30, 2009 at the Ramada Plaza Herradura, San Jose, Costa Rica. Our 2010 winter conference will be held in the United States. We will be announcing the location and dates of this conference in the coming weeks. We hope that you are able to join us at these future conferences. We hope you take the time to enjoy the hotel facilities as well as to take in Atlantic City and the surrounding cities. Atlantic City is a wonderful destination with much to offer. We recognize that in addition to presenting research and participating in the conference activities, it is also important to relax and rejuvenate yourself. Have some fun! You deserve it! We hope that you will go home refreshed and with a sense of accomplishment. Warmest Regards, Mercedes Jalbert Conference Chair Carta del Editor Bi e nv e n i d o s a At l a nt i c C i t y El Instituto y su personal les da la bienvenidos a Atlantic City y al 2009 Winter Global Conference on Business and Finance. Esperamos que su participación sea productiva y que disfruten New Jersey. Welcome Bienvenidos Todo profesor de educación superior debe encontrar un balance entre su rol como educador, investigador y como servidor a su comunidad y su universidad. Encontrar un foro donde podamos compartir y obtener retroalimentación sobre nuestra investigación, nuevas técnicas de educación, procesos administrativos innovadores es retador. El Institute for Business and Finance Research (IBFR) fue creado para facilitar el trabajo del profesional en educación superior, profesional del sector públicos y profesional del sector privado al crear una plataforma global conducente al enriquecimiento de nuestro conocimiento a través de: 1. La exposicion de trabajos investigativos en todas las áreas académicas en las ciencias administrativas, económicas, financieras, contables etc. 2. La explaración de nuevos avances tecnológicos, teóricos y pedagógicos. 3. El intercambio de conocimiento en una plataforma verdaderamente global. El Congresos GCBF representan un compromiso a larga plazo para unir a nuestros colegas de todos los continentes en nuestros congresos y compartir nuestras ideas, investigación y cultura en una plataforma bilingüe. Deseamos agradecer su participación, la cual hace realidad nuestro objetivos; el realizar un Congreso realmente Global con participación de educadores y profesionales de todos partes del mundo. Con gran alegría anunciamos nuestros próximos Congresos en San José, Costa Rica del 27-30 de mayo de 2009 y en Los Estados Unidos en enero del 2010, fechas y lugar serán próximamente anuncíadas. Será un placer el contar con su participación nuevamente. Deseamos que disfruten su estancia en el Hotel Trump Plaza. Asimismo, deseamos que tenga la oportunidad de explorar New Jersey, Filadelpia y New York. Sabemos que además de exponer sus trabajos, es también importante tomar tiempo para relajarse, rejuvenecerse y conocer sobre otras culturas, tradiciones, etc. Esperamos que al regresar a sus hogares e instituciones se sientan rejuvenecidos y satisfechos con sus alcances y aprendizaje durante el Congreso. Estamos para asistir durante el congreso y el futuro. Saludos Cordiales Mercedes Jalbert Conference Chair GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 The Institute for Business and Finance Research The Institute for Business and Finance Research (IBFR) seeks to promote the study of business, finance, and related issues. The Institute also seeks to make accessible this wealth of information to the global higher-education and business communities. The Institute does this by sponsoring The Global Conference on Business and Finance. We also publish seven journals: The International Journal of Business and Finance Research, International Journal of Management and Marketing Research, Global Journal of Business Research, Accounting and Taxation, AgriBusiness Research, Business Education and Accreditation and Revista International Administración y Finanzas. We work under the principle of providing positive support toward getting your work published. The Global Conference on Business and Finance The Institute Sponsors the Global Conference on Business and Finance (GCBF). The GCBF provides the academic community with an opportunity to share their research, ideas, and discuss administrative issues. It also offers a great opportunity for networking and placement. Conference participants are able to: • • • • • • • • Network with other professionals Present your research at an international conference Receive feedback on your research Publish an abstract of your paper in the refereed proceedings Compete for the Outstanding Research Award Compete for the Best Paper in Session Award Have your paper considered for publication in a peer reviewed journal. Network with potential employers and employees The Global Conference on Business and Finance Proceedings (ISSN: 19310285 on CD and ISSN 1941-9589 Online) The Global Conference on Business and Finance Proceedings are peer reviewed. Abstracts, short versions or full papers that are presented at the Global Conference on Business and Finance can be published in the refereed proceedings. The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 5 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Journals Journal Announcements We are delighted to report that The International Journal of Business and Finance Research is now ranked by the Australian Business Deans Council www.abdc.edu.au. They rank the journal as comparable to a number of very prestegeous peer journals. We anticipate all of our journals will begin to catch the attention of ratings organizations in the near future. We are also proud to announce the addition of three new journals to our organization. This brings the total number of journals published by the Institute to seven. Our new journals are Accounting and Taxation, AgriBusiness Research and Business Education and Accreditation. The IBFR sponsors seven peer-reviewed journals: The International Journal of Business and Finance Research (IJBFR) ISSN # 1931-0269 International Journal of Management and Marketing Research (IJMMR) ISSN # 1933-3153 Global Journal of Business Research (GJBR) ISSN 1931-0277 Accounting and Taxation (AT) (New) ISSN 1944-592X AgriBusiness Research (AR) (New) ISSN 1944-5911 Business Education and Accreditation (BEA) (New) ISSN 1944-5903 Revista Internacional Administración & Finanzas (RIAF) ISSN 1933-608X All our Journals are peer-reviewed. Articles in all areas of business, economics, business education and related fields are welcome for publication consideration. Both theoretical and empirical papers are reviewed for possible publication. Papers may be academic or applied in nature. Submitted articles should be well written and free of spelling and grammar errors. Only original articles that are not under consideration for any other publication are considered for publication in the Journals. Each of our Journals is distributed in print and through EBSCO Host, providing access to the journal content in more than 70 countries. In addition, each of our Journals is listed in Ulrich’s Periodical Direcotory. Our English language journals are listed in the 11th Edition of Cabell’s Pubishing Opportunity Directories. The International Journal of Business and Finance Research and Global Journal of Business Research are listed in The American Econonomic Association’s Econlit, e-JEL and JEL on CD. The International Journal of Business and Finance Research is also indexed by the Australian Business Deans Council. For additional information on the Journals or Proceedings, including manuscript submission instructions, please visit our website at www.theIBFR.com The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 6 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Revistas Académicas El IBFR patrocipa cuatro revistas academicas. Trabajos de investigación teóricos, empíricos o aplicados en administración de empresas, finanzas, economía, contabilidad, gerencia, mercadeo, estadísticas, producción, sistemas de información, derecho laboral, planeamiento estratégico, política empresarial, teoría monetaria, comercio internacional, derecho comercial, temas en educación superior, avances en técnicas de educación y apoyo didáctico, acreditación o certificación, promoción y desarrollo académico, administración pública y disciplinas afines. Proceso de Revisión Todo trabajo de investigación enviado para consideración es sujeto a un double-blind-review process. Visite nuestro sitio web www.theIBFR.com para obtener información adicional. The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 7 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Editorial Advisory Boards Mercedes Jalbert, Managing Editor Terrance Jalbert, Academic Editor The International Journal of Business and Finance Research (IJBFR) ISSN # 1931-0269 Robert J Boldin Indiana University of Pennsylvania James E. Briley Northeastern State University Chiaku Chukwuogor-Ndu Eastern Connecticut State University E. M. Ekanayake Bethune-Cookman University Gary M. Fleischman University of Wyoming Paul D. Hutchison University of North Texas John S. Jahera Jr. Auburn University Linda Naimi Purdue University M.T. Naimi Purdue University Petr Polák Swinburne University Jonathan D. Stewart Abilene Christian University Dirk Swagerman University of Groningen The IJBFR has been accepted for distribution through EBSCOhost Publishing, with nation-wide access in more than 70 countries. The Journal is listed in the eleventh editions of Cabell’s publishing opportunity directories, Ulrich’s Peridicals Directory and The American Economic Association’s Econlit, e-JEL, and JEL on CD and The Australian Business Deans Council. International Journal of Management and Marketing Research (IJMMR) ISSN # 1933-3153 John Brinkman Liverpool Hope University Grady Bruce California State UniversityFullerton Raymond Cairo University of Surrey Erdoğan H Ekiz The Hong Kong Polytechnic Univ. Mark C. Johlke Bradley University Qiang Gong Peking University Linda Naimi Purdue University M.T. Naimi Purdue University Abhijit Roy University of Scranton Andres C. Salazar Northern New Mexico College Bill Shaw University of Texas-Austin The IJMMR has been accepted for distribution through EBSCOhost Publishing, with nation-wide access in more than 70 countries. The Journal is listed in Ulrich’s Periodicals Directory and in the eleventh editions of Cabell’s Publishing Opportunity in Management, and Marketing. The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 8 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Global Journal of Business and Finance Research (GJBR) ISSN 1931-0277 Erdoğan H Ekiz The Hong Kong Polytechnic Univ. Anne B. Fosbre Georgian Court University Michael Godfrey University of Wisconsin- Oshkosh Jorge Hernández P. Insituto Tecnológico Ciudad Juarez Robert Isaac University of Calgary Petr Marek University of Economics-Prague Linda Naimi Purdue University M.T. Naimi Purdue University Robin Rance Bethune-Cookman College Erico Wulf Betancourt Universidad de la Serena-Chile The GJBR has been accepted for distribution through EBSCOhost Publishing, with nation-wide access in more than 70 countries. The Journal is listed in the eleventh editions of Cabell’s publishing opportunity directories, Ulrich’s Peridicals Directory and The American Economic Association’s Econlit, e-JEL, and JEL on CD. Revista International Administration y Finanzas ISSN 1933-608X Neyda Cardozo Sánchez Univ. Nacional Exp. de Táchira Jorge Luís del Río Cortina Fundación Univ. Tec. Comfenalco Carlos Fong Reynoso Universidad de Guadalajara Jorge Hernández P. Inst. Tecnológico de Ciudad Juaréz Carmen Patricia Jiménez Terrazas Univ. Autónoma de Ciudad Juárez Luz Stella Pemberthy Universidad del Cauca Oskar Villarreal Larrinaga Universidad del País Vasco Erico Wulf Universidad de la Serena-Chile RIAF ha sido aceptada para distribución/indexación a través de EBSCOHost Publishing en mas de 70 países. RIAF ha sido aceptada para indexación y distribución a través de EBSCOHost Publishing, con cobertura en más de 70 países. Todas nuestras publicaciones en Ingles están indexadas en 11th editión de Cabells Directory, Ulrich’s Periodical Directory. Los Journals International Journal of Business and Finance Research y Global Journal of Business están indexados en The American Economic Association's Econlit, e-JEL and JEL on CD y el The Australian Business Deans Council. The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 9 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 FUTURE CONFERENCES We hope that you are able to join us at these upcoming events Costa Rica 2009 Ramada Plaza Herradura Hotel The 2009 Summer Global Conference on Business and Finance will be held in San Jose, Costa Rica. The conference runs from May 27-30, 2009. United States 2010 The 2010 Global Conference on Business and Finance – United States. We are working to finalize the dates and locations for this conference. Look for details on the dates and location of this conference in the coming weeks. Congresos Futuros 2009 GCBF Costa Rica Congreso de Verano El Congreso Global de Administración y Finanzas 2009 se realizará en San Jose, Costa Rica, del 27 al 30 de Mayo, 2009 en el Ramada Plaza Herradura Hotel. Estados Unidos 2010 El destino y fechas del Congreso Global en Administración y Finanzas, United States se anunciarará próximamente. The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 10 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 SCHEDULE OF EVENTS Tuesday, January 6 2009|Martes 6 de Enero 2:00 PM to 8:00 PM 4:30 PM to 8:00 PM Conference Registration /Registro Conferencia (Imperial Ballroom BD) Conference Reception (hour’dourves and drinks will be provided) / Recepcion al Congreso, bocadillos y bebidas se servirán (Imperial Ballroom BD) Internet Session Begins/ Inicio Sesión Internet 2:00 PM to 8:00 PM Wednesday, January 7, 2009|Miercoles, Enero 7, 2009 7:30 AM to 11:00 AM 7:45 AM Conference Registration/Registro Conferencia (Imperial Ballroom BD) Coffee Break/Refrigerio (Imperial Ballroom BD) 8:00 AM to 9:50 AM Concurrent sessions/Sesiones simultaneas (Westminster A,B, C & Chelsea B) 9:30 AM Coffee Break/Refrigerio (Imperial Ballroom BD) 10:00 AM to 11:50 AM Concurrent sessions/Sesiones simultaneas (Westminster A,B, C & Chelsea B) 12: Noon to 1:00 PM 1:00 PM to 2:50 PM 2:30 PM 3:00 PM to 4:50 PM Networking Luncheon –Furture’s Restaurant Concurrent sessions/Sesiones simultaneas (Westminster A,B, C & Chelsea B) Refreshments/Refrigerio Dulce (Imperial Ballrom BD) Concurrent sessions/Sesiones simultaneas (Westminster A,B, C & Chelsea B) Thursday, January 8, 2009 |Jueves, Enero 8, 2009 7:30 AM to 11:00 AM 7:45 AM 8:00 AM to 9:50 AM 9:30 AM 10:00 AM to 11:50 AM 12:30 AM to 2:30 PM Conference Registration/Registro Conferencia (Imperial Ballroom BD) Coffee Break/Refrigerio (Imperial Ballroom BD) Concurrent sessions/Sesiones simultaneas (Westminster A,B, C & Chelsea B) Coffee Break/Refrigerio ( Imperial Ballroom BD) Concurrent sessions/Sesiones simultaneas (Westminster A,B, C & Chelsea B) Awards Ceremony/Ceremonia de Premiación- Fortune’s Restaurant Friday, January 9, 2009|Viernes, Enero 9, 2009 8:00 AM 8:00 AM to 9:50 AM 10:00 AM to 11:50 AM 12:00 Noon Coffee Break/Refrigerio (Imperial Ballroom BD) Concurrent sessions/Sesiones simultaneas (Westminster A,B, C & Chelsea B) Concurrent sessions/Sesiones simultaneas (Westminster A,B, C & Chelsea B) Conference Ends/Conferencia Finaliza The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 11 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Presentation Equipment The conference rooms will each be equipped with a LCD projector, computer and screen. The computers are equipped with Windows Vista and Microsoft Office 2007. One document camera (Elmo) for presenting plain paper documents and most transparencies is available on advanced reservation on a first come first served basis. Please bring your pin drive with data for use with our equipment. In addition, you may connect your computer to the system to display the screen if you so choose. Use of our equipment with your equipment and files is at your own risk. Meeting rooms will not be equipped with internet access. Equipo para Presentación Las salas de sesiones estarán equipadas con computadora, y un proyector LCD “video beam.” Al utilizar nuestro LCD proyector con su computadora, usted asume todo riesgo de daño a su equipo o archivo o a nuestro equipo. Las salas sesiones no estarán equipas con conexion a internet. Usted solo necesitar traer su Pin Drive con su presentation en PowerPoint. The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 12 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Paper Sessions Internet Sessions The interenet sessions take place continuously throughout the conference. To review the presentations online please visit our webiste at: www.theIBFR.com/internet.htm. You may also view the presentations in the binders located in the registration area. Please take a moment to review the papers and to provide feedback to the authors using the forms contained in the session binders. INTERNET SESSION ROOM: IMPERIAL BALLROOM BD CONTINUOUS SESSION TRACK MANAGEMENT SESSIO N CHAIR TERRANCE JALBERT Measuring Managerial Efficiency: A Balanced Approach Anna Svirina, Kazan State Technical University ENGLISH Corporate Diversification in Family and Non-Family Pyramidal Listed Groups Alejandro Hernández Trasobares, Universidad de Zaragoza Carmen Galve Górriz, Universidad de Zaragoza HR Innovation and Management Training in Agricultural Processes: Case Greenhouses in Northern Chihuahua Tomás J. Cuevas-Contreras, Universidad Autónoma de Ciudad Juárez Francisco Arturo Bribiescas-Silva, Universidad Autónoma de Ciudad Juárez Carmen Patricia Jiménez-Terrazas, Universidad Autónoma de Ciudad Juárez Blanca Lidia Márquez-Miramontes, Universidad Autónoma de Ciudad Juárez Carmen Lucila Álvarez-González, Universidad Autónoma de Ciudad Juárez Relaxations and Equivalence of two Formulations of the Capacitated Lot Sizing Problem with Back-Orders and Setup-Times Mayank Verma, Indian Institute of Technology Kanpur R. R. K. Sharma, Indian Institute of Technology Kanpur INTERNET SESSION ROOM: IMPERIAL ROOM BD CONTINUOUS SESSION TRACK MANAGEMENT SESSIO N CHAIR MERCEDES JALBERT ENGLISH Implementing a Strategic Management System at the Port Authority of Valencia: Case Study of the Balanced Scorecard José Antonio Aparisi-Caudeli, Universidad de Valencia-España Arturo Giner Fillol, Autoridad Portuaria de Valencia España Eva María Pérez-García, Fundación Valenciaport Innovation and the Value of Failure William Townsend, Jacksonville University The Significance of Field Force for the CRM Implementation in the Enterprise Przemyslaw Deszczyński, Poznań University of Economics Bartosz Deszczyński, Poznań University of Economics Change Management- The Necessity of the Existence of Change Laura-Georgeta Tanasoaica, Romanian- American University, Bucharest Afro-Brazilian Women Entrepreneurs: Characteristics, Critical Issues and Current Comments Andrea Smith-Hunter, Siena College Joshua Leone, Siena College The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 13 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 INTERNET SESSION ROOM: IMPERIAL BALLROOM BD CONTINUOUS SESSION TRACK FINANCE AND ACCOUNTING SESSIO N CHAIR TERRANCE JALBERT ENGLISH Intramarket Spread Profitability Analysis in Anhydrous Fuel Alcohol Future Contracts at BM&F and Ethanol at CBOT Bruna Perlingeiro, University of Sao Paulo Lucilio Rogerio Aparecido Alves, University of Sao Paulo Luiz João Corrar, University of Sao Paulo The Development of Taiwan's Accountancy Profession: Socio-economic Perspective Chih-shun Hsu, Tamkang University & Essex University Stock Spams: An Empirical Study on Penny Stock Market Taoufik Bouraoui, University of Paris 10 On the Effective Development of CRM System in Taiwan's Banking Industry Cho-Pu Lin, Northwestern Polytechnic University Hsueh-Ying Wu, Aletheia University on Matou Campus Hsing-Yun Chang, Northwestern Polytechnic University Wen-Hui Yang, Northwestern Polytechnic University Yen-Ting Lin, Northwestern Polytechnic University INTERNET SESSION ROOM: IMPERIAL BALLROOM BD CONTINUOUS SESSION TRACK FINANCE SESSIO N CHAIR TERRANCE JALBERT ENGLISH Business Economy Profiles of Financial Difficulties in Local Italian Corporations: From Default to Financial Renewal Obaldo Comite, University of Calabria The Strategies Which Influence Online-Banking Quality in the Commercial Bank Sector in China Zhengwei Ma, Northwestern Polytechnic University Meng-Yun Tsou, Northwestern Polytechnic University Luying Ma, Heilongjiang Province Agricultural Bank of China Why Are the Intangible Assets So Interesting for Revenue Authorities? Zuzana Křížová, Masaryk University Brno Analyzing Differences between Consumers’ Evaluations Of European Cities Zehra Bozbay, Istanbul University Hilal Ozen, Istanbul University The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 14 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 INTERNET SESSION ROOM: IMPERIAL BALLROOM BD CONTINUOUS SESSION TRACK ACCOUNTING AND ECONOMICS SESSIO N CHAIR TERRANCE JALBERT Evidence of Impaired Compliance and Regulation in IFRS-Based Financial Reporting Tyrone M Carlin, The University of Sydney, Australia Nigel Finch, Macquarie University, Australia ENGLISH Using Artificial Neural Networks for Income Convergence Kayhan Koleyni, Islamic Azad University of Khorasgan(Isfahan) The Fair Value against the Historical Cost Ionica Holban (Oncioiu), Alexandru Ioan Cuza University Iasi and ASE Bucharest Florin Razvan Oncioiu, University of Agronomic Sciences and Veterinary Medicine of Bucharest Romania Faltering National and Global Growth Prospects: Challenges and Hopes –An Indian Perspective Debomita Ghosh, National Law University, Jodhpur INTERNET SESSION ROOM: IMPERIAL BALLROOM BD CONTINUOUS SESSION TRACK FINANCE AND ACCOUNTING SESSIO N CHAIR TERRANCE JALBERT ENGLISH Being Ethic in a Crisis Time Nicoleta Radneantu, Romanian-American University Emilia Gabroveanu, Romanian-American University Roxana Stan, Romanian-American University Digital Economy Consequences Over Human Capital Elvira Nica, The Academy Of Economic Studies, Bucharest Alexandra Mironescu, Romanian American University Relationship between Information, Quality and Prices: Some Relative Statistics from Albanian Tourism Industry Ines Dika, University of Kamez An Assesment of Information Technology Communication on SME’ Market Share Growth Kozeta Sevrani, University of Tirana Klodiana Gorica, University of Tirana The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 15 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 INTERNET SESSION ROOM: IMPERIAL BALLROOM BD CONTINUOUS SESSION TRACK MULTIDISCIPLINARY SESSIO N CHAIR TERRANCE JALBERT Competing in a New Age with Visual Language Siu Kay Pun, Nanyang Technological University Social Insurance Situation and Reform in Albania Edlira Luci, University of Tirana Dorina Kripa, University of Tirana ENGLISH Leading the Learning Organization Sapna Rijal, Purbanchal University Perceived Quality, Satisfaction and Customer Loyalty: An Empirical Study in the Senior-Care Organizations in Rural Areas of Central Taiwan Hsing-Yun Chang, Northwestern Polytechnic University Cho-Pu Lin, Northwestern Polytechnic University Meng-Yun Tsou, Northwestern Polytechnic University Chien-Ting Chen, Fortune Institute of Technology College Are Public Subsidies a Determining Factor for The Survival of Companies? María Jesús Alonso Nuez, Universidad de Zaragoza Carmen Galve Górriz, Universidad de Zaragoza New Leadership Theories and Their Application to Today's Business Environment Andrea Smith-Hunter, Siena College Joshua Leone, Siena College INTERNET SESSION ROOM: IMPERIAL BALLROOM BD CONTINUOUS MULTIDISCIPLINARY SESSIO N CHAIR MERCEDES JALBERT SPANISH SESSION TRACK Organizaciones sociales ante el reto de Ley de Transparencia del Estado de Chihuahua Carmen Lucila Alvarez González, Universidad Autónoma de Ciudad Juárez Blanca Marquez Miramontes, Universidad Autónoma de Ciudad Juárez Ricardo Melgoza Ramos, Universidad Autónoma de Ciudad Juárez Sandra Bustillos Durán, Universidad Autónoma de Ciudad Juárez Innovación y Escalamiento de Procesos y Productos en una Empresa Maquiladora de Auto Partes en el Norte de México Ricardo Melgoza Ramos, Universidad Autónoma de Ciudad Juárez The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 16 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 WEDNESDAY, JANUARY 7, 2009 ROOM: WESTMINSTER A 8:00 AM – 9:50 AM SESSION TRACK MULTIDISCIPLINARY SESSIO N CHAIR Victor Lewis, National University ENGLISH Public Sector Reforms or Building a Strong Case for Bureaucracy in the Public Sector? Soolakshna D. Lukea Bhiwajee, University of Technology, Mauritius Prabha Ramseook-Munhurrun, University of Technology, Mauritius Perunjodi Naidoo, University of Technology, Mauritius Modeling Customers’ Evaluations of Penalties in the Financial Services Sector Young “Sally” Kim, Shenandoah University Reducing the Cost of Crime through Volunteer Citizen Patrol and Reserve Police Officers James Larson, National University Chandrika Kelso, National University Victor Lewis, National University Kenneth D. Kay, National University SESSION BREAK | RECESO SESION 9:50 AM – 10:00 AM WEDNESDAY, JANUARY 7, 2009 ROOM: WESTMINSTER C 8:00 AM – 9:50 AM SESSION TRACK FINANCE SESSIO N CHAIR Jing-Rung Yu, National Chi Nan University ENGLISH The Transition, Financial Systems and Macro Level Analysis of Finance-Growth Link Khurshid Djalilov, King's College London Jenifer Piesse, King's College London Sample Period Selection with Variable Rolling Windows: Searching for Beta Stability Giuseppe Galloppo, University of Tor Vergata Rome Information Theoretical Analysis of the Predictability of Daily SP500 Stock Returns Hang Yu, University of Illinois at Urbana Champaign Fuzzy Piecewise Logistic Regression Model for New Product Sales Forecasting Jing-Rung Yu, National Chi Nan University Fang-Mei Tseng, Yuan Ze University 9:50 AM – 10:00 AM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 17 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 WEDNESDAY, JANUARY 7, 2009 ROOM: CHELSEA B 8:00 AM – 9:50 AM INTERNATIONAL TRADE SESSION TRACK E.M. Ekanayake, Bethune-Cookman University SESSIO N CHAIR ENGLISIH A Survey Study on China Middle and Small Sized Firms’ Export to America Jianfeng Wang, Mansfield University of Pennsylvania Lixin Cheng, ALA Group, Inc. Appreciating Indian Currency against US Dollar and Its Impact on Export Performance Amit Gautam, School of Management Sciences Trade Openness and the Environment Jay Squalli, American University of Sharjah The Real Exchange Rate Volatility and U.S. Exports: An Empirical Investigation E.M. Ekanayake, Bethune-Cookman University John R. Ledgerwood, Embry-Riddle Aeronautical University Sabrina D’Souza, Bethune-Cookman University 9:50 AM – 10:00 AM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 18 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 WEDNESDAY, JANUARY 7, 2009 ROOM: WESTMINSTER A 10:00 AM –11:50 AM SESSION TRACK MARKETING AND TOURISM SESSIO N CHAIR M. Asri Jantan, Edinboro University of Pennsylvania ENGLISH Empirical Assessment of the influence of Service Responsiveness on Job satisfaction and Customer Satisfaction Rong-Da Liang, National Penghu University-Taiwan I-Hsiu Lin, National Dong Hwa University-Taiwan The Development of IT Tourism in East Bali Rudyanto Bambang, Wako University Gde Ketut Warmika, Udayana University The Image of Mauritius as a Cultural Tourism Destination Perunjodi Naidoo, University of Technology, Mauritius Soolakshna D. Lukea Bhiwajee, University of Technology, Mauritius Prabha Ramseook-Munhurrun, University of Technology, Mauritius An Analysis of Malaysian Sales Managers’ Perceived Performance Improvement as a Results of Attending Sales Training Program M. Asri Jantan, Edinboro University of Pennsylvania SESSION BREAK | RECESO SESION 11:50 AM – 1:00 PM WEDNESDAY, JANUARY 7, 2009 ROOM: WESTMINSTER C 10:00 AM –11:50 AM SESSION TRACK ACCOUNTING SESSIO N CHAIR Victor Lewis, National University Qualifications And Criterions Required by Public Auditors - the Case of Jordan - An Empirical Study Hussein A. Khasharmeh, Bahrain University ENGLISH Impact of Gender Diversity on the Extent of Voluntary Disclosures in Annual Reports Aminah Nalikka, University of Vaasa, Finland The Impact of Global Accounting Standards on Foreign and United States Multinational Corporations Anne B. Fosbre, Georgian Court University Ellen Kraft, Richard Stockton College of New Jersey Paul B. Fosbre, New Jersey City University Was the 2008 Financial Crisis That Led to a Mortgage and Stock Market Meltdown Caused by a Lack of Corporate Ethics? Victor Lewis, National University Kenneth D. Kay, National University Chandrika Kelso, National University James Larson, National University 11:50 AM – 1:00 PM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 19 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 WEDNESDAY, JANUARY 7, 2009 ROOM: CHELSEA B 10:00 AM – 11:50 AM SESSION TRACK MULTIDISCIPLINARY SESSIO N CHAIR Carlos Eduardo Herrera Avendaño, UNAM & Universidad Autónoma de Tlaxcala ESPANOL La Gestión del Conocimiento un Recurso Valioso y Fuente de Ventaja Competitiva para las Empresas Blanca Estela Córdova Quijada, Universidad Autónoma del Estado de Baja California Karla Emilia Cervantes Collado, Universidad Autónoma del Estado de Baja California Luis Ramón Moreno Moreno, Universidad Autonoma de Baja California Capacidades Tecnológicas Regionales y Su Medición: El Caso del Noreste de México Francisco García Fernández, Universidad Autónoma de Tamaulipas-México José Angel Sevilla Morales, Universidad Autónoma de Tamaulipas-México Oscar Gonzalez Colunga, Universidad Autónoma de Tamaulipas-México Ana Luz Zorrilla del Castillo, Universidad Autónoma de Tamaulipas-México Precepción de las Nuevas Estrategias de Vinculación Entre la Academia y el Sector Económico: “Estancias de Aprendizaje” Julieta Saldivar, Universidad Autónoma del Estado de Baja California Karla Emilia Cervantes Collado, Universidad Autónoma del Estado de Baja California Erica Arciga Hernández, Universidad Autónoma del Estado de Baja California Impacto del Capital Humano en la Generación de Valor Económico en Una Organización Carlos Eduardo Herrera Avendaño, UNAM & Universidad Autónoma de Tlaxcala Omar Ernesto Terán Varela, Centro Universitario UAEM Amecameca 11:50 AM – 1:00 PM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 20 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 WEDNESDAY, JANUARY 7, 2009 ROOM: WESTMINSTER A 1:00 PM –2:50 PM SESSION TRACK MANAGEMENT SESSIO N CHAIR F. Barry Barnes, Nova Southeastern University ENGLISH Strategic Goals and Needs for Managing and Marketing An Aging American Workforce Patrick J. Montana, Fordham University Francis Petit, Fordham University Succession Planning: Current and Future Susan J. Kowalewski, D'Youville College Linda Moretti, D'Youville College Examining the Effects of Leadership Styles on Knowledge-Based Customer Relationship Management Implementation Li Yueh Andy Chen, MingDao University Ying Lee, MingDao University F. Barry Barnes, Nova Southeastern University Wen-Tsan Tseng, MingDao University 2:50 PM -3:00 PM SESSION BREAK | RECESO SESION WEDNESDAY, JANUARY 7, 2009 ROOM: WESTMINSTER C 1:00 PM – 2:50 PM SESSION TRACK FINANCE AND ACCOUNTING SESSIO N CHAIR Hamid Shahrestani, Ohio University-Chillicothe ENGLISH Parameter Estimation Error Reduction: A Comparison with Resampling between Pre and Post Modern Theory Model Giuseppe Galloppo, University of Tor Vergata Rome Return-Free Filing: What Is It, and How Will it Affect the Tax Preparer Profession and Taxpayers in General? John R. Ledgerwood, Embry-Riddle Aeronautical University Jaren J. Braun, Nova Southeastern University How Do Banks Resolve Firms’ Financial Distress? Evidence from Japan Naohisa Goto, The University of Kitakyushu Konari Uchida, Kyushu University How Does the Canadian Stock Market React to the U.S. Fed’s Policy within NAFTA? Hamid Shahrestani, Ohio University-Chillicothe Nahid Kalbasi Anaraki, Islamic Azad University of Tehran 2:50 PM- 3:00 PM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 21 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 WEDNESDAY, JANUARY 7, 2009 ROOM: CHELSEA B 1:00 PM – 2:50 PM SESSION TRACK MULTIDISCIPLINARY SESSIO N CHAIR Lucila Zarraga Cano, Universidad del Caribe ESPANOL Programas Universitarios Asociados a Micros y Pequeñas Empresas a Través del Servicio Social Esther Eduviges Corral Quintero, Universidad Autónoma de Baja California Loreto María Bravo Zanoguera, Universidad Autónoma del Estado de Baja California Plácido Valenciana Moreno, Universidad Autónoma de Baja California Gerencia Estratégica en las Pequeñas y Medianas Empresa Ana Cecilia Bustamante Valenzuela, Universidad Autónoma del Estado de Baja California Blanca Estela Córdova Quijada, Universidad Autónoma del Estado de Baja California Modelo de Gestión Educativo para la Vinculación entre las Instituciones de Educación, las Organizaciones y las Políticas Gubernamentales de Empleo Jose Luis Cabrera Bernal, Colegio de Estudios de Postgrado de la Ciudad de México Omar Ernesto Terán Varela, Centro Universitario UAEM Amecameca Oscar Alfredo Cardenas Rueda, Colegio de Estudios de la Ciudad de México La Satisfacción de los Empleados de las Operadoras Turísticas en la Ciudad de Cancún: Un Estudio para Incrementar su Competitividad Lucila Zarraga Cano, Universidad del Caribe Victor Molina Morejón, Universidad Autónoma de Coahuila Enrique Corona Sandoval, Universidad del Caribe 2:50 PM- 3:00 PM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 22 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 WEDNESDAY, JANUARY 7, 2009 ROOM: WESTMINSTER A 3:00 PM –4:50 PM SESSION TRACK MARKETING SESSIO N CHAIR Francis Petit, Fordham University ENGLISH A Model of the Relationship between Leadership Styles, Innovative Culture and Knowledge-based Customer Relationship Management Implementation Li Yueh Andy Chen, MingDao University Ying Lee, Nova Southeastern University F. Barry Barnes, Nova Southeastern University A Theoretical Review of Service Quality Measurement and Satisfaction Prabha Ramseook-Munhurrun, University of Technology, Mauritius Ramesh Durbarry, University of Technology, Mauritius Perunjodi Naidoo, University of Technology, Mauritius Chain Reaction Principal or How Are the Self-government and Educational Reforms Connected in Russia? Violetta Gassiy, University of Wisconsin-Madison An Exploratory Analysis in Incorporating Customer Experience Frameworks within The Marketing and Management of EMBA Programs Francis Petit, Fordham University SESSION BREAK | RECESO SESION WEDNESDAY, JANUARY 7, 2009 ROOM: WESTMINSTER C 3:00 PM – 4:50 PM SESSION TRACK FINANCE AND ECONOMICS SESSIO N CHAIR Emma Bojinova, Canisius College ENGLISH The Impact of Regulation on the International Location Choice of Banks Manuel Rupprecht, Frankfurt School of Finance & Management Profit Efficiency and Productivity of Vietnamese Banks: A New Index Approach Daehoon Nahm, Macquarie University Ha Thu Vu, Macquarie University Can Stock Price Momentum Be Explained by Anchoring? Felix Prothmann, University of Hohenheim Geographic Concentration and Industry Shakeouts Emma Bojinova, Canisius College SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 23 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 THURSDAY, JANUARY 8, 2009 ROOM: WESTMINSTER A 8:00 AM – 9:50 AM SESSION TRACK MARKETING SESSIO N CHAIR B.B. Goyal, Panjab University ENGLISH The Relationship between Transformational Leadership Styles and the Marketed Orientation Culture Li Yueh Andy Chen, MingDao University Ying Lee, MingDao University F. Barry Barnes, Nova Southeastern University Measuring Service Quality in the Mauritian Public Service Prabha Ramseook-Munhurrun, University of Technology, Mauritius Soolakshna D. Lukea Bhiwajee, University of Technology, Mauritius Perunjodi Naidoo, University of Technology, Mauritius Nishraat Bakurally, University of Technology, Mauritius Celebrity Effect on Brand Positioning - A Study with Reference to Female Personal Care Products Ganesan Muruganantham, National Institute of Technology S. Kaliyamoorthy, Alagappa University Organized Retailing in India: an Empirical Study of Expected Trends B.B. Goyal, Panjab University SESSION BREAK | RECESO SESION 9:50 AM – 10:00 AM THURSDAY, JANUARY 8, 2009 ROOM: WESTMINSTER C 8:00 AM – 9:50 AM SESSION TRACK ACCOUNTING AND ECONOMICS SESSIO N CHAIR Mostafa A El Shamy, Kuwait University ENGLISH The Determinant Factors of Internet Financial Reporting in Indonesia Stock Exchange Luciana Spica Almilia, Gadjah Mada University - Yogyakarta Earnings Management and Local vs International Accounting Standards of European Public Firms Wolfgang Aussenegg, Vienna University of Technology Petra Inwinkl, Vienna University of Technology Georg Schneider, University of Paderborn Forecasting of Natural Rubber Ribbed Smoked Sheets No.3 (RSS3) Price in the Agricultural Futures Exchange Suppanunta Romprasert, Assumption University The Association between Market Determined and Accounting Determined Risk Measures and Income Reporting Under International GAAP Mostafa A El Shamy, Kuwait University Aisha Al Kandary, State Bureau of Accounting Kuwait Reem Al- Ostath, Ministry of Planning Kuwait 9:50 AM – 10:00 AM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 24 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 THURSDAY, JANUARY 8, 2009 ROOM: CHELSEA B 8:00 AM – 9:50 AM SESSION TRACK MULTIDISCIPLINARY SESSIO N CHAIR Alberto Elías Muñoz Santiago, Fundación Universidad del Norte El Espectáculo de un Salón de Clases Dialógico Esther Enríquez, Instituto Tecnológico de Ciudad Juárez Eduardo Macías, Instituto Tecnológico de Ciudad Juárez ESPAÑOL Plan de Marketing Ron Viejo de Caldas Dora Lilia Rodas Calles, Distribuidora La Sultana del Valle S.A. La Administración de la Inteligencia Emocional en los Directivos de las IES públicasUABC Karla Emilia Cervantes Collado, Universidad Autónoma del Estado de Baja California Blanca Estela Córdova Quijada, Universidad Autónoma del Estado de Baja California Rosa G. Heras Modad, Universidad Autónoma del Estado de Baja California Perfil de la Mujer Emprendedora en Colombia Alberto Elías Muñoz Santiago, Fundación Universidad del Norte Massiel Carolina Henríquez Parodi, Fundación Universidad del Norte Andrea Paola Brugés Pugliese, Fundación Universidad del Norte Yajaira Argüelles Ballen, Fundación Universidad del Norte 9:50 AM – 10:00 AM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 25 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 THURSDAY, JANUARY 8, 2009 ROOM: WESTMINSTER A 10:00 AM –11:50 AM SESSION TRACK MULTIDISCIPLINARY SESSIO N CHAIR Than Lam, Lockheed Martin Corporation ENGLISH An Assessment Tool to Measure Post Graduation Competencies and Skills Necessary for Business College Graduates in the Workplace Diane M. Holtzman, Richard Stockton College of New Jersey Ellen Kraft, Richard Stockton College of New Jersey Strategizing Communication Profile of Organization Apoorva Bharadwaj, Institute of Management Technology Innovation Process in Canadian and US Hotels M. Shahadat Hossain, SUNY Potsdam Uma Kumar, Carleton University Vinod Kumar, Carleton University Aligning Organizational Structures and Business Strategies: Review of SYNERGY’s Horizontal Integration Approach Than Lam, Lockheed Martin Corporation Teresa M. Lao, University of Phoenix SESSION BREAK | RECESO SESION 11:50 AM – 12:30 PM THURSDAY, JANUARY 8, 2009 ROOM: WESTMINSTER C 10:00 AM – 11:50 AM SESSION TRACK FINANCE AND INTL. TRADE SESSIO N CHAIR Diaeldin Osman, Tougaloo College ENGLISH CAPM and APT Validation Test Before, During, and After Financial Crisis in Emerging Market: Evidence from Indonesia Erie Febrian, University of Padjadjaran Aldrin Herwany, University of Padjadjaran An Analysis of Korean FDI in Advanced Countries Mannsoo Shin, Korea University Boine Kim, Korea University Predictability of Returns: A Case Study of Karachi Stock Exchange, Pakistan Adnan Javed, Institute of Management Sciences Muhammad Rafiq, Institute of Management Sciences Uzma Atta, Institute of Management Sciences Muhammad Atiq, Institute of Management Sciences Dividend Policy in Saudi Arabia Diaeldin Osman, Tougaloo College Elsaudi Mohamed, Tougaloo College 11:50 AM –12:30 PM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 26 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 THURSDAY, JANUARY 8, 2009 ROOM: CHELSEA B 10:00 AM – 11:50 AM SESSION TRACK MULTIDICIPLINARY SESSIO N CHAIR Jorge Hernández Palomino , Instituto Tecnológico de Ciudad Juárez ESPAÑOL The Dynamics of Change of Academic Groups: A Benchmarking Focuses-The Case of Two Institutions of Higher Education/La Dinámica del Cambio de Cuerpos Académicos Bajo un Enfoque de Benchmarking: El Caso de Dos Instituciones de Educación Superior Azucena Leticia Herrera Aguado, Benemérita Universidad Autónoma de Puebla Miguel Angel Ramírez Martínez, Universidad Juárez Autónoma de Tabasco Las Relaciones Públicas Empresariales en Situaciones de Crisis José Daniel Barquero Cabrero, Fundación Universitaria ESERP Manuel Medina Elizondo, Universidad Autónoma de Coahuila Ignacio González Sánchez, Universidad Nacional Autónoma de México (UNAM) Victor Molina Morejón, Universidad Autónoma de Coahuila The Relationship between Property Rights and Performance Idana Salazar Terreros, University of La Rioja Carmen Galve Górriz, Universidad de Zaragoza (Presentación en Español) Implantación del Balance Scorecard en las MIPYMES de la Industria de la Construcción Jorge Hernández Palomino ., Instituto Tecnológico de Ciudad Juárez José Luis Anaya, Instituto Tecnológico de Ciudad Juárez 11:50 AM – 12:30 PM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 27 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 FRIDAY, JANUARY 9, 2009 ROOM: WESTMINSTER A 8:00 AM – 9:50 AM SESSION TRACK MANAGEMENT AND MARKETING SESSIO N CHAIR Janet Chew, Australian Catholic University (National) ENGLISH Free Spirits to Free Markets to Free Buying Behaviors: The Fragmentation of Household Consumer Markets Robert D. Green, Lynn University Hui-Chu Chen, TransWorld Institute of Technology Consumer Price Sensitivity and Low Price Guarantee Offers Louis A. Tucci, The College of New Jersey James A. Talaga, La Salle University Sustainability and Growth: A Framework for Change Sanjiv Sharma, Fairleigh Dickinson University Kiron Sharma, Fairleigh Dickinson University Using the Delphi Technique to Identify Key Factors That Shape the Human Resource Architecture in the Australian Business Environment Janet Chew, Australian Catholic University (National) SESSION BREAK | RECESO SESION 9:50 AM – 10:00 AM FRIDAY, JANUARY 9, 2009 ROOM: WESTMINSTER C 8:00 AM – 9:50 AM SESSION TRACK FINANCE AND INTERNATIONAL TRADE SESSIO N CHAIR John J Shon, Fordham University ENGLISH Partial Divestitures as an M&A Strategy: The Case of GMAC Cristina Muise, Stonehill College J. Richard Anderson, Stonehill College A Comparison of Three Formerly Communist Countries Hungary, Romania and the Ukraine Level of Economic Development as of The Summer of 2008 Morris K. Speter, Mercy College An Economically and Environmentally Sustainable Business Model Initiative for Micro Enterprise in Guatemala: Observations from Field Research Angelina I. T. Kiser, University of the Incarnate Word Norma Trevino, University of the Incarnate Word Mike McVicker, University of the Incarnate Word Why Do Debtholders Allow Firms to Enter into Negative Book Value Status? The Role of Equityholders, Bargaining Power, and Accounting Conservatism John J. Shon, Fordham University 9:50 AM – 10:00 AM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 28 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 FRIDAY, JANUARY 9, 2009 ROOM: CHELSEA B 8:00 AM – 9:50 AM SESSION TRACK MULTIDISCIPLINARY SESSIO N CHAIR José de Jesús Espinoza, Instituto Tecnológico de Ciudad Juárez ESPAÑOL Evolución de las Estrategias en la Carrera de Informática Los Estilos de Aprendizaje Julieta Saldivar, Universidad Autónoma del Estado de Baja California Nicolasa Valenciana Moreno, Universidad Autónoma del Estado de Baja California Karla Emilia Cervantes Collado, Universidad Autónoma del Estado de Baja California Análisis del Proceso de Toma de Decisiones Financieras en las Empresas de Barranquilla desde la Perspectiva del Desarrollo Moral Alberto Elías Muñoz Santiago, Fundación Universidad del Norte Rosa Milena Orozco Peñaloza, Fundación Universidad del Norte María José Rosado Guerrero, Fundación Universidad del Norte María Jimena Wilches De Angelis, Fundación Universidad del Norte Factores Que Influyen en la Resistencia al Cambio en la Industria Automotriz Leticia Morales, Instituto Tecnológico de Ciudad Juárez Alberto Cárdenas Valenzuela, Instituto Tecnológico de Ciudad Juárez La Demanda de Empleo en Baja California: Profesionalización y Salarios Mínimos Luis Ramón Moreno Moreno, Universidad Autonoma de Baja California Karla Susana Barrón Arreola, Universidad Autónoma de Nayarit Estrategias Administrativas para Obtener Ventajas Competitivas en Centros Hospitalarios José Luis Anaya, Instituto Tecnológico de Ciudad Juárez Jorge Hernández Palomino, Instituto Tecnológico de Ciudad Juárez José de Jesús Espinoza, Instituto Tecnológico de Ciudad Juárez 9:50 AM – 10:00 AM SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 29 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 FRIDAY, JANUARY 9, 2009 ROOM: WESTMINSTER A 10:00 AM – 11:50 AM MULTIDISCIPLINARY SESSION TRACK Elvira Mora Luján, Instituto Tecnológico de Ciudad Juárez SESSIO N CHAIR SPANISH La Gestión del Conocimiento y los Equipos de Trabajo: Una Interrelación Necesaria Francisco García Fernández, Universidad Autónoma de Tamaulipas, México Jesús Lavín Verástegui, Universidad Autónoma de Tamaulipas, México Maritza Alvarez Herrera, Universidad Autónoma de Tamaulipas, México La Movilidad Académica y Estudiantil y sus Efectos en el Crecimiento y Desarrollo Económico Regional Luis Ramón Moreno Moreno, Universidad Autonoma de Baja California Hilario De La Torre Pérez, Universidad Autonoma de Baja California Ana Catalina Mejia Vélez, Universidad Autonoma de Baja California Mujeres Directivas en las MPYMES de México Jorge Hernández Palomino, Instituto Tecnológico de Ciudad Juárez Análisis de la Problemática para la Optimización de las Exportaciones en México Luis Alamilla Ocaña, Instituto Tecnológico de Ciudad Juárez Elvira Mora Luján, Instituto Tecnológico de Ciudad Juárez SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 30 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 FRIDAY, JANUARY 9, 2009 ROOM: CHELSEA B 10:00 AM – 11:50 AM SESSION TRACK MULTIDISCIPLINARY SESSIO N CHAIR Emma Rosa Cruz Sosa, Universidad Autónoma de Puebla Las Habilidades Matemáticas y Verbales de los Estudiantes Universitarios. Una Aplicación del Análisis de varianza Luis Ramón Moreno Moreno, Universidad Autonoma de Baja California Karla Emilia Cervantes Collado, Universidad Autónoma del Estado de Baja California Blanca Estela Córdova Quijada, Universidad Autónoma del Estado de Baja California SPANISH Evasión del Impuesto Sobre la Renta de Pequeños Contribuyentes Alberto Cárdenas Valenzuela, Instituto Tecnológico de Ciudad Juárez Leticia Morales González, Instituto Tecnológico de Ciudad Juárez Jorge Balbuena Michel, Instituto Tecnológico de Ciudad Juárez Empleo Calificado y Mercados de Trabajo: El Caso de Mexicali Luis Ramón Moreno Moreno, Universidad Autonoma de Baja California Karla Susana Barrón Arreola, Universidad Autónoma de Nayarit Gonzalo Llamas Bañuelos, Universidad Autonoma de Baja California Inversión en Tecnologías de Información en Empresas de Manufactura, un Análisis Costo Beneficio José de Jesús Espinoza, Instituto Tecnológico de Ciudad Juárez Jorge Hernández Palomino , Instituto Tecnológico de Ciudad Juárez Exceso de Instituciones de Educación Superior en Puebla, México: Solución o Problema al Desempleo y Subempleo Emma Rosa Cruz Sosa, Universidad Autónoma de Puebla Patricia Eugenia García Castro, Universidad Autónoma de Puebla Laura Gatica Barrientos, Universidad Autónoma de Puebla Ana Revuelta Jáuregui, Benemérita Universidad Autónoma de Puebla SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 31 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 FRIDAY, JANUARY 9, 2009 ROOM: WESTMINSTER C 10:00 AM – 11:50 AM SESSION TRACK ACCOUNTING AND FINANCE SESSIO N CHAIR Vinicio de Souza e Almeida, COPPEAD Graduate School of Business – UFRJ Corporate Disclosures after the 9/11 Terrorist Attacks John J. Shon, Fordham University ENGLISH Cash Management Involving Set-Dependent Cost Structures Michael Wagner, Hanken School of Economics Revised Capital Assets Pricing Model: An Improved Model for forecasting Risk and Return Fraydoon Rahnamay Roodposhti, Islamic Azad University of Tehran Zahra Amirhossein, Islamic Azad University of Tehran The New Method for Calculating Company’s Solvency Jinchang Zhang, The Chinese Academy of Social Sciences Are Betas Best? The Correlation Structure on Brazilian Equity Market Vinicio de Souza e Almeida, COPPEAD Graduate School of Business - UFRJ SESSION BREAK | RECESO SESION The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 32 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 OTHER PARTICIPATING INDIVIDUALS IBFR STAFF Mercedes Jalbert, Conference Chair, The IBFR Terrance Jalbert, Academic Editor, The IBFR Johanna Viquez Coto, Spanish Liaison, The IBFR Stephannie Viquez Coto, Office Assistant, The IBFR Maria T. Coto, Office Assistant, The IBFR Maritza Madriz, Office Assistant, The IBFR NON PRESENTING PARTICIPANTS We would like to especially thank the following individuals who will be attending the conference. We appreciate your support and contributions to the conference. Faustina Osei, Forestry Commission-Ghana Evans Nosakhare Unukoje, Armed Response Squad Ahmed Haruna, Globe Trade Insurance Brokers Ltd. Michael Erhunmwunse, Globe Trade Insurance Brokers Ltd. Elena Pripisnova, Kansas State University Friday Godspower Ofuonye, Modern Trend Global Ltda Johnbull Onoriaru Omimi, Modern Trend Global Ltda Oluwaseun Adebayo, ADS Data Services Ltd Mohammed Kamel Kayode Ehis Airhienbuwa, Haisaco & Associates Joshua Timilehin Omoruyi, Haisaco & Associates Adetokunbo Adeyemi Raheem, Haisaco & Associates Ben Ballay, University of Mary Hardin-Baylor Richard A. Essah, Thames Valley University Naser Ameti, Government of the Republic of Macedonia Ilham Ismani, Government of the Republic of Macedonia Armir Sadiki, Government of the Republic of Macedonia Zeqir Zeqiri, Government of the Republic of Macedonia The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 33 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 AWARDS Academic Leadership Award This award is given in recognition of an ongoing commitment to faculty development and in appreciation of research support provided to the academic communities. Congratulations to: Economics Department Ohio University-Chillicothe American University of Sharjah Facultad de Contaduría & Administración Unidad Terreón Universidad Autónoma de Coahuila Graduate School of Business Fordham University The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 34 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Outstanding Research Award Winners The following papers have been awarded the Outstanding Research Award. Congratulations to the authors for their hard work and quality manuscripts. Winners of the Outstanding Research Award will be offered publication in one of our Journals. About 19 percent of submitted papers were given the Award. We offer our sincere congratulations to the award winners. INTERNATIONAL JOURNAL OF MANAGEMENT AND MARKETING RESEARCH Innovation and the Value of Failure William Townsend, Jacksonville University Examining the Effects of Leadership Styles on Knowledge-Based Customer Relationship Management Implementation Li Yueh Andy Chen, MingDao University Ying Lee, MingDao University F. Barry Barnes, Nova Southeastern University Wen-Tsan Tseng, MingDao University Analyzing Differences between Consumers’ Evaluations Of European Cities Zehra Bozbay, Istanbul University Hilal Ozen, Istanbul University INTERNATIONAL JOURNAL OF BUSINESS AND FINANCE RESEARCH CAPM and APT Validation Test Before, During, and After Financial Crisis in Emerging Market: Evidence from Indonesia Erie Febrian, University of Padjadjaran Aldrin Herwany, University of Padjadjaran How Does the Canadian Stock Market React to the U.S. Fed’s Policy within NAFTA? Hamid Shahrestani, Ohio University-Chillicothe Nahid Kalbasi Anaraki, Islamic Azad University of Tehran The Transition, Financial Systems and Macro Level Analysis of Finance-Growth Link Khurshid Djalilov, King's College London Jenifer Piesse, King's College London Can Stock Price Momentum Be Explained by Anchoring? Felix Prothmann, University of Hohenheim Dividend Policy in Saudi Arabia Diaeldin Osman, Tougaloo College Elsaudi Mohamed, Tougaloo College The Real Exchange Rate Volatility and U.S. Exports: An Empirical Investigation E.M. Ekanayake, Bethune-Cookman University John R. Ledgerwood, Embry-Riddle Aeronautical University Sabrina D’Souza, Bethune-Cookman University Corporate Disclosures after the 9/11 Terrorist Attacks John J. Shon, Fordham University The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 35 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 GLOBAL JOURNAL OF BUSINESS RESEARCH Qualifications And Criterions Required by Public Auditors - the Case of Jordan - An Empirical Study Hussein A. Khasharmeh, Bahrain University Using the Delphi Technique to Identify Key Factors That Shape the Human Resource Architecture in the Australian Business Environment Janet Chew, Australian Catholic University (National) Organized Retailing in India: an Empirical Study of Expected Trends B.B. Goyal, Panjab University Meghna Aggarwal, Panjab University Using Artificial Neural Networks for Income Convergence Kayhan Koleyni, Islamic Azad University of Khorasgan(Isfahan) Implementing a Strategic Management System at the Port Authority of Valencia: Case Study of the Balanced Scorecard José Antonio Aparisi-Caudeli, Universidad de Valencia-España Arturo Giner Fillol, Autoridad Portuaria de Valencia España Eva María Pérez-García, Fundación Valenciaport Parameter Estimation Error Reduction: A Comparison with Resampling between Pre and Post Modern Theory Model Giuseppe Galloppo, University of di Roma Tor Vergata Was the 2008 Financial Crisis That Led to a Mortgage and Stock Market Meltdown Caused by a Lack of Corporate Ethics? Victor Lewis, National University Kenneth D. Kay, National University Chandrika Kelso, National University James Larson, National University Innovation Process in Canadian and US Hotels M. Shahadat Hossain, SUNY Potsdam Uma Kumar, Carleton University Vinod Kumar, Carleton University The Development of Taiwan's Accountancy Profession: Socio-economic Perspective Chih-shun Hsu, Tamkang University & Essex University REVISTA INTERNATIONAL ADMINISTRACION & FINANZAS Mujeres Directivas en las MPYMES de México Jorge Hernández P., Instituto Tecnológico de Ciudad Juárez Las Relaciones Públicas Empresariales en Situaciones de Crisis José Daniel Barquero Cabrero, Fundación Universitaria ESERP Manuel Medina Elizondo, Universidad Autónoma de Coahuila Ignacio González Sánchez, Universidad Nacional Autónoma de México Victor Molina Morejón, Universidad Autónoma de Coahuila La Satisfacción de los Empleados de las Operadoras Turísticas en la Ciudad de Cancún: Un Estudio para Incrementar su Competitividad Lucila Zarraga Cano, Universidad del Caribe Victor Molina Morejón, Universidad Autónoma de Coahuila- Torreón Enrique Corona Sandoval, Universidad del Caribe The Dynamics of Change of Academic Groups: A Benchmarking Focuses-The Case of Two Institutions of Higher Education/La Dinámica del Cambio de Cuerpos Académicos Bajo un Enfoque de Benchmarking: El Caso de Dos Instituciones de Educación Superior The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 36 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Azucena Leticia Herrera Aguado, Benemérita Universidad Autónoma de Puebla Miguel Angel Ramírez Martínez, Universidad Juárez Autónoma de Tabasco Análisis del Proceso de Toma de Decisiones Financieras en las Empresas de Barranquilla desde la Perspectiva del Desarrollo Moral Alberto Elías Muñoz Santiago, Fundación Universidad del Norte Rosa Milena Orozco Peñaloza, Fundación Universidad del Norte María José Rosado Guerrero, Fundación Universidad del Norte María Jimena Wilches De Angelis, Fundación Universidad del Norte Capacidades Tecnológicas Regionales y Su Medición: El Caso del Noreste de México Francisco García Fernández, Universidad Autónoma de Tamaulipas-México José Angel Sevilla Morales, Universidad Autónoma de Tamaulipas-México Oscar Gonzalez Colunga, Universidad Autónoma de Tamaulipas-México Ana Luz Zorrilla del Castillo, Universidad Autónoma de Tamaulipas-México ACCOUNTING AND TAXATION Impact of Gender Diversity on the Extent of Voluntary Disclosures in Annual Reports Aminah Nalikka, University of Vaasa, Finland The Determinant Factors of Internet Financial Reporting in Indonesia Stock Exchange Luciana Spica Almilia, Gadjah Mada University - Yogyakarta BUSINESS EDUCATION AND ACCREDITATION An Economically and Environmentally Sustainable Business Model Initiative for Micro Enterprise in Guatemala: Observations from Field Research Angelina I. T. Kiser, University of the Incarnate Word Norma Trevino, University of the Incarnate Word Mike McVicker, University of the Incarnate Word Leading the Learning Organization Sapna Rijal, Purbanchal University An Exploratory Analysis in Incorporating Customer Experience Frameworks within The Marketing and Management of EMBA Programs Francis Petit, Fordham University Best in Session Award Winners Measuring Managerial Efficiency: A Balanced Approach Anna Svirina, Kazan State Technical University Change Management- The Necessity of the Existence of Change Laura-Georgeta Tanasoaica, Romanian- American University, Bucharest The Development of Taiwan's Accountancy Profession: Socio-economic Perspective Chih-shun Hsu, Tamkang University & Essex University Analyzing Differences between Consumers’ Evaluations Of European Cities Zehra Bozbay, Istanbul University Hilal Ozen, Istanbul University The Fair Value against the Historical Cost Ionica Holban (Oncioiu), Alexandru Ioan Cuza University Iasi and ASE Bucharest Florin Razvan Oncioiu, University of Agronomic Sciences and Veterinary Medicine of Bucharest Romania The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 37 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Relationship between Information, Quality and Prices: Some Relative Statistics from Albanian Tourism Industry Ines Dika, University of Kamez Perceived Quality, Satisfaction and Customer Loyalty: An Empirical Study in the Senior-Care Organizations in Rural Areas of Central Taiwan Hsing-Yun Chang, Northwestern Polytechnic University Cho-Pu Lin, Northwestern Polytechnic University Meng-Yun Tsou, Northwestern Polytechnic University Chien-Ting Chen, Fortune Institute of Technology College Innovación y Escalamiento de Procesos y Productos en una Empresa Maquiladora de Auto Partes en el Norte de México Ricardo Melgoza Ramos, Universidad Autónoma de Ciudad Juárez Reducing the Cost of Crime through Volunteer Citizen Patrol and Reserve Police Officers James Larson, National University Chandrika Kelso, National University Victor Lewis, National University Kenneth D. Kay, National University The Transition, Financial Systems and Macro Level Analysis of Finance-Growth Link Khurshid Djalilov, King's College London Jenifer Piesse, King's College London Trade Openness and the Environment Jay Squalli, American University of Sharjah The Image of Mauritius as a Cultural Tourism Destination Perunjodi Naidoo, University of Technology, Mauritius Soolakshna D. Lukea Bhiwajee, University of Technology, Mauritius Prabha Ramseook-Munhurrun, University of Technology, Mauritius The Impact of Global Accounting Standards on Foreign and United States Multinational Corporations Anne B. Fosbre, Georgian Court University Ellen Kraft, Richard Stockton College of New Jersey Paul B. Fosbre, New Jersey City University Impacto del Capital Humano en la Generación de Valor Económico en Una Organización Carlos Eduardo Herrera Avendaño, UNAM & Universidad Autónoma de Tlaxcala Omar Ernesto Terán Varela, Centro Universitario UAEM Amecameca Succession Planning: Current and Future Susan J. Kowalewski, D'Youville College Linda Moretti, D'Youville College How Do Banks Resolve Firms’ Financial Distress? Evidence from Japan Naohisa Goto, The University of Kitakyushu Konari Uchida, Kyushu University La Satisfacción de los Empleados de las Operadoras Turísticas en la Ciudad de Cancún: Un Estudio para Incrementar su Competitividad Lucila Zarraga Cano, Universidad del Caribe Victor Molina Morejón, Universidad Autónoma de Coahuila Enrique Corona Sandoval, Universidad del Caribe A Theoretical Review of Service Quality Measurement and Satisfaction Prabha Ramseook-Munhurrun, University of Technology, Mauritius Ramesh Durbarry, University of Technology, Mauritius Perunjodi Naidoo, University of Technology, Mauritius The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 38 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Profit Efficiency and Productivity of Vietnamese Banks: A New Index Approach Daehoon Nahm, Macquarie University Ha Thu Vu, Macquarie University Celebrity Effect on Brand Positioning - A Study with Reference to Female Personal Care Products Ganesan Muruganantham, National Institute of Technology S. Kaliyamoorthy, Alagappa University Earnings Management and Local vs International Accounting Standards of European Public Firms Wolfgang Aussenegg, Vienna University of Technology Petra Inwinkl, Vienna University of Technology Georg Schneider, University of Paderborn Perfil de la Mujer Emprendedora en Colombia Alberto Elías Muñoz Santiago, Fundación Universidad del Norte Massiel Carolina Henríquez Parodi, Fundación Universidad del Norte Andrea Paola Brugés Pugliese, Fundación Universidad del Norte Yajaira Argüelles Ballen, Fundación Universidad del Norte Dividend Policy in Saudi Arabia Diaeldin Osman, Tougaloo College Elsaudi Mohamed, Tougaloo College Las Relaciones Públicas Empresariales en Situaciones de Crisis José Daniel Barquero Cabrero, Fundación Universitaria ESERP Manuel Medina Elizondo, Universidad Autónoma de Coahuila Ignacio González Sánchez, Universidad Nacional Autónoma de México (UNAM) Victor Molina Morejón, Universidad Autónoma de Coahuila Sustainability and Growth: A Framework for Change Sanjiv Sharma, Fairleigh Dickinson University Kiron Sharma, Fairleigh Dickinson University Why Do Debtholders Allow Firms to Enter into Negative Book Value Status? The Role of Equityholders, Bargaining Power, and Accounting Conservatism John J. Shon, Fordham University Estrategias Administrativas para Obtener Ventajas Competitivas en Centros Hospitalarios José Luis Anaya, Instituto Tecnológico de Ciudad Juárez Jorge Hernández Palomino, Instituto Tecnológico de Ciudad Juárez José de Jesús Espinoza, Instituto Tecnológico de Ciudad Juárez Análisis de la Problemática para la Optimización de las Exportaciones en México Luis Alamilla Ocaña, Instituto Tecnológico de Ciudad Juárez Elvira Mora Luján, Instituto Tecnológico de Ciudad Juárez Evasión del Impuesto Sobre la Renta de Pequeños Contribuyentes Alberto Cárdenas Valenzuela, Instituto Tecnológico de Ciudad Juárez Leticia Morales González, Instituto Tecnológico de Ciudad Juárez Jorge Balbuena Michel, Instituto Tecnológico de Ciudad Juárez Exceso de Instituciones de Educación Superior en Puebla, México: Solución o Problema al Desempleo y Subempleo Emma Rosa Cruz Sosa, Universidad Autónoma de Puebla Patricia Eugenia García Castro, Universidad Autónoma de Puebla Laura Gatica Barrientos, Universidad Autónoma de Puebla Ana Revuelta Jáuregui, Benemérita Universidad Autónoma de Puebla The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 39 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Are Betas Best? The Correlation Structure on Brazilian Equity Market Vinicio de Souza e Almeida, COPPEAD Graduate School of Business - UFRJ The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 40 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) PROGRAM 2009 Index of Participants Adebayo, Oluwaseun ............................................. 33 Adeyemi Raheem, Adetokunbo ............................ 33 Aggarwal, Meghna .................................................. 36 Airhienbuwa, Kayode Ehis .................................... 33 Al Kandary, Aisha ................................................... 24 Al- Ostath, Reem .................................................... 24 Alamilla Ocaña, Luis ........................................ 30, 39 Almeida, Vinicio de Souza e ............................. 32, 40 Alonso Nuez, María Jesús ...................................... 16 Alvarez González, Carmen Lucila ........................ 16 Alvarez Herrera, Maritza....................................... 30 Álvarez-González, Carmen Lucila ........................ 13 Ameti, Naser ........................................................... 33 Amirhossein, Zahra ................................................ 32 Anaya, José Luis ......................................... 27, 29, 39 Anderson, J. Richard ............................................. 28 Aparecido Alves, Lucilio Rogerio ......................... 14 Aparisi-Caudeli, José Antonio ........................ 13, 36 Arciga Hernández, Erica........................................ 20 Argüelles Ballen, Yajaira ................................ 25, 39 Atiq, Muhammad .................................................... 26 Atta, Uzma .............................................................. 26 Aussenegg, Wolfgang ....................................... 24, 39 Bakurally, Nishraat ................................................ 24 Balbuena Michel, Jorge ................................... 31, 39 Ballay, Ben .............................................................. 33 Bambang, Rudyanto ............................................... 19 Barnes, F. Barry .................................. 21, 23, 24, 35 Barquero Cabrero, José Daniel ................ 27, 36, 39 Barrón Arreola, Karla Susana ......................... 29, 31 Bharadwaj, Apoorva .............................................. 26 Bojinova, Emma ...................................................... 23 Boldin, Robert J ....................................................... 8 Bouraoui, Taoufik ................................................... 14 Bozbay, Zehra ............................................. 14, 35, 37 Braun, Jaren J ........................................................ 21 Bravo Zanoguera, Loreto María ............................ 22 Bribiescas-Silva, Francisco Arturo ....................... 13 Briley, James E ......................................................... 8 Brinkman, John......................................................... 8 Bruce, Grady ............................................................. 8 Brugés Pugliese, Andrea Paola ....................... 25, 39 Bustamante Valenzuela, Ana Cecilia .................. 22 Bustillos Durán, Sandra ......................................... 16 Cabrera Bernal, Jose Luis ..................................... 22 Cairo, Raymond ........................................................ 8 Cardenas Rueda, Oscar Alfredo ........................... 22 Cárdenas Valenzuela, Alberto .................. 29, 31, 39 Cardozo Sánchez, Neyda ......................................... 9 Carlin, Tyrone M ..................................................... 15 Cervantes Collado, Karla Emilia ........ 20, 25, 29, 31 Chang, Hsing-Yun ....................................... 14, 16, 38 Chen, Chien-Ting .............................................. 16, 38 Chen, Hui-Chu......................................................... 28 Chen, Li Yueh Andy .............................. 21, 23, 24, 35 Cheng, Lixin ............................................................ 18 Chew, Janet ....................................................... 28, 36 Chukwuogor-Ndu, Chiaku ........................................ 8 Comite, Obaldo ...................................................... 14 Córdova Quijada, Blanca Estela .........20, 22, 25, 31 Corona Sandoval, Enrique ........................ 22, 36, 38 Corral Quintero, Esther Eduviges....................... 22 Corrar, Luiz João ................................................... 14 Coto, Maria T.......................................................... 33 Cruz Sosa, Emma Rosa .................................. 31, 39 Cuevas-Contreras, Tomás J.................................. 13 D’Souza, Sabrina .............................................. 18, 35 De La Torre Pérez, Hilario ................................... 30 del Río Cortina, Jorge Luís ..................................... 9 Deszczyński, Bartosz ............................................. 13 Deszczyński, Przemyslaw ..................................... 13 Dika, Ines .......................................................... 15, 38 Djalilov, Khurshid ...................................... 17, 35, 38 Durbarry, Ramesh ............................................ 23, 38 Ekanayake, E.M ............................................ 8, 18, 35 Ekiz, Erdoğan H ........................................................ 8 El Shamy, Mostafa A ............................................. 24 Enríquez, Esther .................................................... 25 Erhunmwunse, Michael ......................................... 33 Espinoza, José de Jesús ......................... 29, 31, 39 Essah, Richard A. ................................................... 33 Febrian, Erie..................................................... 26, 35 Finch, Nigel ............................................................ 15 Fleischman, Gary M ................................................. 8 Fong Reynoso, Carlos .............................................. 9 Fosbre, Anne B ............................................. 9, 19, 38 Fosbre, Paul B.................................................. 19, 38 Gabroveanu, Emilia ............................................... 15 Galloppo, Giuseppe ................................... 17, 21, 36 Galve Górriz, Carmen ............................... 13, 16, 27 García Castro, Patricia Eugenia .................... 31, 39 García Fernández, Francisco ................... 20, 30, 37 Gassiy, Violetta ...................................................... 23 Gatica Barrientos, Laura ................................ 31, 39 Gautam, Amit ......................................................... 18 Ghosh, Debomita ................................................... 15 Giner Fillol, Arturo .......................................... 13, 36 Godfrey, Michael ..................................................... 9 Gong, Qiang .............................................................. 8 Gonzalez Colunga, Oscar ................................ 20, 37 González Sánchez, Ignacio ....................... 27, 36, 39 Gorica, Klodiana .................................................... 15 Goto, Naohisa ................................................... 21, 38 Goyal, B.B ......................................................... 24, 36 Green, Robert D..................................................... 28 H Ekiz, Erdoğan ........................................................ 9 Haruna, Ahmed ...................................................... 33 Henríquez Parodi, Massiel Carolina .............. 25, 39 Heras Modad, Rosa G. ........................................... 25 Hernández Palomino, Jorge 9, 27, 29, 30, 31, 36, 39 Hernández Trasobares, Alejandro ...................... 13 Herrera Aguado, Azucena Leticia ................. 27, 37 Herrera Avendaño, Carlos Eduardo .............. 20, 38 Herwany, Aldrin ............................................... 26, 35 Holban (Oncioiu), Ionica................................. 15, 37 Holtzman, Diane M ................................................ 26 The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 41 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) Hossain, M. Shahadat....................................... 26, 36 Hsu, Chih-shun ............................................ 14, 36, 37 Hutchison, Paul D ..................................................... 8 Inwinkl, Petra ................................................... 24, 39 Isaac, Robert ............................................................. 9 Ismani, Ilham .......................................................... 33 Jahera Jr., John S .................................................... 8 Jalbert, Mercedes .......................................... 3, 4, 33 Jalbert, Terrance ................................................... 33 Jantan, M. Asri........................................................ 19 Javed, Adnan .......................................................... 26 Jiménez T, Carmen Patricia ................................... 9 Jiménez-Terrazas, Carmen Patricia .................... 13 Johlke, Mark C.......................................................... 8 Kalbasi Anaraki, Nahid .................................... 21, 35 Kaliyamoorthy, S .............................................. 24, 39 Kamel, Mohammed ................................................ 33 Kay, Kenneth D ..................................... 17, 19, 36, 38 Kelso, Chandrika .................................. 17, 19, 36, 38 Khasharmeh, Hussein A ................................... 19, 36 Kim, Boine ............................................................... 26 Kim, Young .............................................................. 17 Kiser, Angelina I. T .......................................... 28, 37 Koleyni, Kayhan ................................................ 15, 36 Kowalewski, Susan J ........................................ 21, 38 Kraft, Ellen .................................................. 19, 26, 38 Kripa, Dorina ........................................................... 16 Krizova, Zuzana ...................................................... 14 Kumar, Uma ...................................................... 26, 36 Kumar, Vinod .................................................... 26, 36 Lam, Than ............................................................... 26 Lao, Teresa M ......................................................... 26 Larson, James ....................................... 17, 19, 36, 38 Lavín Verástegui, Jesús ......................................... 30 Ledgerwood, John R .................................. 18, 21, 35 Lee, Ying................................................ 21, 23, 24, 35 Leone, Joshua ................................................... 13, 16 Lewis, Victor ......................................... 17, 19, 36, 38 Liang, Rong-Da........................................................ 19 Lin, Cho-Pu .................................................. 14, 16, 38 Lin, I-Hsiu ................................................................ 19 Lin, Yen-Ting........................................................... 14 Llamas Bañuelos, Gonzalo .................................... 31 Luci, Edlira .............................................................. 16 Lukea Bhiwajee, Soolakshna D........... 17, 19, 24, 38 Ma, Luying ............................................................... 14 Ma, Zhengwei .......................................................... 14 Macías, Eduardo ..................................................... 25 Madriz, Maritza ....................................................... 33 Marek, Petr ............................................................... 9 Marquez Miramontes, Blanca ............................... 16 Márquez-Miramontes, Blanca Lidia ..................... 13 McVicker, Mike ................................................. 28, 37 Medina Elizondo, Manuel ........................... 27, 36, 39 Mejia Vélez, Ana Catalina..................................... 30 Melgoza Ramos, Ricardo ................................. 16, 38 Mironescu, Alexandra ............................................ 15 Mohamed, Elsaudi ...................................... 26, 35, 39 Molina Morejón, Victor .................. 22, 27, 36, 38, 39 Montana, Patrick J ................................................. 21 Mora Luján, Elvira ........................................... 30, 39 PROGRAM 2009 Morales González, Leticia .............................. 31, 39 Morales, Leticia ..................................................... 29 Moreno Moreno, Luis Ramón ...............20, 29, 30, 31 Moretti, Linda .................................................. 21, 38 Muise, Cristina ....................................................... 28 Muñoz Santiago, Alberto Elías ..........25, 29, 37, 39 Muruganantham, Ganesan .............................. 24, 39 Nahm, Daehoon................................................ 23, 39 Naidoo, Perunjodi...........................17, 19, 23, 24, 38 Naimi, Linda ......................................................... 8, 9 Naimi, M.T ............................................................ 8, 9 Nalikka, Aminah ............................................... 19, 37 Nica, Elvira ............................................................. 15 Ofuonye, Friday Godspower ................................ 33 Omimi, Johnbull Onoriaru .................................... 33 Omoruyi, Joshua Timilehin .................................. 33 Oncioiu, Florin Razvan .................................... 15, 37 Orozco Peñaloza, Rosa Milena ....................... 29, 37 Osei, Faustina ........................................................ 33 Osman, Diaeldin ......................................... 26, 35, 39 Ozen, Hilal .................................................. 14, 35, 37 Pemberthy, Luz Stella ............................................ 9 Pérez-García, Eva María ................................. 13, 36 Perlingeiro, Bruna ................................................. 14 Petit, Francis .............................................. 21, 23, 37 Piesse, Jenifer ........................................... 17, 35, 38 Polák, Petr ................................................................ 8 Pripisnova, Elena ................................................... 33 Prothmann, Felix ............................................. 23, 35 Pun, Siu Kay............................................................ 16 Radneantu, Nicoleta ............................................. 15 Rafiq, Muhammad.................................................. 26 Rahnamay Roodposhti, Fraydoon ........................ 32 Ramírez Martínez, Miguel Angel.................... 27, 37 Ramseook-Munhurrun, Prabha ......17, 19, 23, 24, 38 Rance, Robin ............................................................ 9 Revuelta Jáuregui, Ana .................................. 31, 39 Rijal, Sapna ...................................................... 16, 37 Rodas Calles, Dora Lilia ........................................ 25 Romprasert, Suppanunta ...................................... 24 Rosado Guerrero, María José ......................... 29, 37 Roy, Abhijit .............................................................. 8 Rupprecht, Manuel ................................................ 23 Sadiki, Armir........................................................... 33 Salazar Terreros, Idana ........................................ 27 Salazar, Andres C..................................................... 8 Saldivar, Julieta ............................................... 20, 29 Schneider, Georg ............................................. 24, 39 Sevilla Morales, José Angel ............................ 20, 37 Sevrani, Kozeta ...................................................... 15 Shahrestani, Hamid .......................................... 21, 35 Sharma, Kiron................................................... 28, 39 Sharma, R. R. K...................................................... 13 Sharma, Sanjiv ................................................. 28, 39 Shaw, Bill .................................................................. 8 Shin, Mannsoo ........................................................ 26 Shon, John J...........................................28, 32, 35, 39 Smith-Hunter, Andrea ..................................... 13, 16 Speter, Morris K. .................................................... 28 Spica Almilia, Luciana..................................... 24, 37 Squalli, Jay ....................................................... 18, 38 The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 42 GLOBAL CONFERENCE ON BUSINESS AND FINANCE (GCBF) Stan, Roxana ........................................................... 15 Stewart, Jonathan D ................................................ 8 Svirina, Anna ..................................................... 13, 37 Swagerman, Dirk ...................................................... 8 Talaga, James A ..................................................... 28 Tanasoaica, Laura-Georgeta .......................... 13, 37 Terán Varela, Omar Ernesto ..................... 20, 22, 38 Townsend, William........................................... 13, 35 Trevino, Norma................................................. 28, 37 Tseng, Fang-Mei ..................................................... 17 Tseng, Wen-Tsan .............................................. 21, 35 Tsou, Meng-Yun .......................................... 14, 16, 38 Tucci, Louis A ......................................................... 28 Uchida, Konari .................................................. 21, 38 Unukoje, Evans Nosakhare.................................... 33 Valenciana Moreno, Nicolasa ............................... 29 Valenciana Moreno, Plácido ................................. 22 Verma, Mayank ....................................................... 13 PROGRAM 2009 Villarreal Larrinaga, Oskar ..................................... 9 Viquez Coto, Johanna ........................................... 33 Viquez Coto, Stephannie ...................................... 33 Vu, Ha Thu ........................................................ 23, 39 Wagner, Michael .................................................... 32 Wang, Jianfeng ...................................................... 18 Warmika, Gde Ketut ............................................. 19 Wilches De Angelis, María Jimena ................ 29, 37 Wu, Hsueh-Ying ...................................................... 14 Wulf Betancourt, Erico ........................................... 9 Wulf, Erico ................................................................ 9 Yang, Wen-Hui ....................................................... 14 Yu, Hang.................................................................. 17 Yu, Jing-Rung ......................................................... 17 Zarraga Cano, Lucila ................................. 22, 36, 38 Zeqiri, Zeqir ........................................................... 33 Zhang, Jinchang ..................................................... 32 Zorrilla del Castillo, Ana Luz ......................... 20, 37 The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 43 The Institute for Business and Finance Research Universities, Institutions and Firms Represented Abilene Christian University ADS Data Services Ltd ALA Group, Inc Alagappa University Aletheia University on Matou Campus Alexandru Ioan Cuza Univ. Iasi and ASE Bucharest American University of Sharjah Armed Response Squad Assumption University Auburm University Australian Catholic University (National) Autoridad Portuaria de Valencia España Bahrain University Benemérita Univ. Autónoma de Puebla Bethune-Cookman University Bradley University CAG University-Adana California State University, Fullerton Canisius College Carleton University Centro Universitario UAEM Amecameca Colegio de Estudios de la Ciudad de México Colegio de Estudios de Postgrado de la Cd. de México COPPEAD Graduate School of Business - UFRJ Cyprus International University Distribuidora La Sultana del Valle S.A. Dumlupinar University D'Youville College Eastern Connecticut State University Eastern Mediterranean University Edinboro University of Pennsylvania Embry-Riddle Aeronautical University Fairleigh Dickinson University Fordham University Forestry Commission-Ghana Fortune Institute of Technology College Frankfurt School of Finance & Management Fundación Universidad del Norte Fundación Universitaria ESERP Fundación Univ Tec. Comfenalco Fundación Valenciaport Gadjah Mada University - Yogyakarta Georgian Court University Globe Trade Insurance Brokers Ltd. Government of the Republic of Macedonia Haisaco & Associates Hanken School of Economics Indian Institute of Technology Kanpur Indiana University of Pennsylvania Institute of Management Sciences Institute of Management Technology Instituto Tecnológico de Ciudad Juárez Islamic Azad University of Khorasgan(Isfahan) Islamic Azad University of Tehran Istanbul University Jacksonville University Kansas State University Kazan State Technical University King's College London Korea University Kyushu University La Salle University Liverpool Hope University Lockheed Martin Corporation Lynn University Macquarie University, Australia Mansfield University of Pennsylvania Masaryk University Brno Mercy College MingDao University Ministry of Planning Kuwait Modern Trend Global Ltda Nanyang Technological University National Chi Nan University National Dong Hwa University-Taiwan National Institute of Technology National Law University, Jodhpur National Penghu University-Taiwan National University New Jersey City University Northeastern State University Northern New Mexico College Northwestern Polytechnic University Nova Southeastern University Ohio University-Chillicothe Panjab University Peking University Poznań University of Economics Purbanchal University Purdue University Richard Stockton College of New Jersey Romanian- American University, Bucharest School of Management Sciences Shenandoah University Siena College State Bureau of Accounting Kuwait Stonehill College SUNY Potsdam Tamkang University & Essex University Thames Valley University The Academy of Economic Studies, Bucharest The Chinese Academy of Social Sciences The College of New Jersey The Hong Kong Polytechnic University The University of Kitakyushu The University of Sydney, Australia Tougaloo College TransWorld Institute of Technology Udayana University UNAM & Universidad Autónoma de Tlaxcala Unicersity of Kamez Universidad Autónoma de Baja California Universidad Autónoma de Ciudad Juárez Universidad Autónoma de Coahuila- Torreón Universidad Autónoma de Mexico Universidad Autónoma de Nayarit The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 44 The Institute for Business and Finance Research Universidad Autónoma de Puebla Universidad Autónoma de Tamaulipas, México Universidad Autónoma del Estado de Baja California Universidad De Guadalajara Universidad de Valencia-España Universidad de Zaragoza Universidad del Pais Vasco Universidad del Caribe Universidad del Cauca Universidad Juárez Autónoma de Tabasco Universidad Nacional Autónoma de México Universidad Nacional Experimental de Táchira Univ. of Agronomic Sciences & Vet. Medicine of Bucharest Romania University of Bahrain University of Calabria University of Calgary University of di Roma Tor Vergata University of Economics-Prague University of Groningen University of Hohenheim University of Illinois at Urbana Champaign University of La Rioja University of La Serena University of Mary Hardin-Baylor University of North Texas University of Paderborn University of Padjadjaran University of Paris 10 University of Phoenix University of Sao Paulo University of Scranton University of Surrey University of Technology, Mauritius University of Texas- Austin University of the Incarnate Word University of the Incarnate Word University of the Incarnate Word University of Tirana-Albania University of Tor Vergata Rome University of Vaasa, Finland University of Wisconsin Oshkosh University of Wyoming Vienna University of Technology VSB-TU Ostrava Wako University Yuan Ze University The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 45 The Institute for Business and Finance Research Countries Represented Albania Australia Austria Brazil Canada Chile China Colombia Costa Rica Czech Republic Finland France Germany Ghana India Indonesia Iran Italy Japan Kingdom of Bahrain Korea Kuwait Macedonia Mauritius Mexico Nepal Nigeria Pakistan Poland Romania Russia Singapure Spain Taiwan, R.O.C. Thailand The Netherlands Turkey United Arab Emirates United Kingdom United States Venezuela The Institute for Business and Finance♦ Atlantic City ♦ January 6-9, 2009 46 GCBF/IBFR GCBF/IBFR ===> WESTMINSTER WESTMINSTER WESTMINSTER A B C ATRIUM BUSINESS CENTER D C B IMPERIAL BALLROOM A ® CHELSEA C CHELSEA B CHELSEA A HIGHLANDER A HIGHLANDER B TRUMP plaza Capacities/Dimensions/Floor Plan GCBF REGISTRATION COFFEE BREAKS