Economic aspects

Outsourcing has become a significant factor in the U.S. economy over the past two decades. Annual report disclosures made by a firm related to outsourcing are voluntary disclosures. Understanding the determinants and firm performance implications of initial outsourcing annual report disclosures is important to capital market providers, standards developers, and to the firms themselves. I identify and study firms making initial voluntary disclosures of outsourcing in their annual reports on Form 10-K between 1993 and 2003 after they make non-annual report related public disclosures. Specifically, I investigate if determinants of the initial annual report disclosure decision and subsequent performance are associated with the initial disclosure. This study contends managers disclose information related to outsourcing in their annual reports to reduce information asymmetry and to minimize agency costs. I hypothesize and develop a firm-related variable commonly used in agency theory to test this assertion. Signaling theory and voluntary disclosure theory also explain the determinants for firm voluntary outsourcing annual report disclosures. I develop several hypotheses defining determinants potentially associated with the likelihood of initial annual report outsourcing disclosure decisions, and test these determinants using a conditional logistic regression model and a matched-pair group of firms making public outsourcing disclosures but not making annual report disclosure. Using signaling theory, I also develop hypotheses testing if the initial outsourcing annual report disclosure sends a signal regarding future firm performance--specifically testing firm performance measures related to profitability and cash flow. I test these hypotheses using OLS models and the same matched-pair group of firms. I find firms with high levels of debt, high total cost ratios, and high returns on assets are more likely to make initial annual report outsourcing disclosure.

The purpose of this research is to determine whether optimal ad placement and page context can significantly impact advertising effects, by extending hemispheric processing theory. This study contributes to the marketing literature by 1) addressing theoretical conflicts regarding optimal hemispheric ad placement (more favorable effects with leftward photo ads and rightward text ads; Janiszewski 1988) and page context (matching activation from "priming" of opposing brain hemispheres Janiszewski 1990), 2) by evaluating multiple advertising effects in relation to mere exposure rather than focusing primarily on attitudes (Janiszewski 1988, 1990), and 3) by addressing an important knowledge gap regarding optimal Web advertising (Dahlen, Rasch and Rosengren 2003). A growing amount of money is being spent on Internet advertising, with revenues totaling $12.5 billion in 2005, up more than 30 percent over 2004 (IAB 2006). However, banner ad click-through rates are low (between .1 and .2 percent for standard ads; DoubleClick 2007) and only 10% of business executives believe that banner advertising is highly effective in generating new business (Forrester 2006). Advertisers continue to use banner ads, perhaps because the "branding" benefits are not limited to clickthroughs (Briggs and Hollis 1997). While numerous ad-related factors have been previously studied (e.g., ad context creative factors, recall/recognition effects, repetition), to the author's knowledge no research has examined the effect of banner ad placement on advertising outcomes such as attention, recognition, brand attitude and purchase intention.

The current economic crisis has affected all aspects of life, which has resulted in political instability, personal financial troubles, and a growing number of business bankruptcies. While these are serious issues, simply developoing a government policy that injects an economy with money is not an appropriate means to achieve economic recovery and long-term economic development unless combined with an effective and efficient governing system. The present research studies whether the strong relationship between governance and growth exists during economic crises or only during non-crisis periods. The results of the current research show that the global economic crisis has had an influence on the relationship between governance and economic growth. In addition, this study found that different levels of development affect the relationship between governance and growth differently during times of crisis. Consequently, the results of the current research show the instability in the relationship between governance and economic growth during the economic crisis ; this unsteadiness is a sign of the need for long-term strategies to promote global and national good governance practices that are not adversely affected by crises.

Shrimp mariculture expansion in developing countries has been criticized for its ecological destruction and the resulting social conflicts. In Ecuador, shrimp pond development particularly affects rural, coastal communities. This study addresses the environmental and social effects of shrimp farming in two Ecuadorian villages, Muisne and Bunche. Interview and survey responses indicate that locals have an overall negative view of the industry. In some instances, such as increased class marginalization through reduced access to subsistence collection areas, shrimp farming directly results in conflict. However, the data also demonstrates that ponds are only one of various stressors on mangrove ecosystems. Furthermore, mariculture provides benefits to the community, including increasing employment opportunities, the local economy, and shrimp availability. In spite of these benefits, local negative perception suggests modifications to existing regulations and educational programs are necessary to minimize impacts and help the community understand the multiple factors affecting their ecosystem and livelihoods.

With congestion, environmental Impact, and the price of oil becoming topics that influence businesses and individuals in a daily basis, measures need to be undertaken in order to accommodate the growing demand for freight transportation. By directing many of the trucks travelling along the National Highways Systems to the Marine Highway corridors developed by the U.S. Maritime Administrations, many of the problems can be addressed in the Short and Medium terms. In order to do so, Short Sea Shipping, through the use of Ro/Ro (Roll-on/Roll-off) Vessels, needs to be implemented. Although the environmental and congestion reducing benefits are considerable, the profitability of this transportation mode needs to be considered. A cost benefit analysis can determine the margin of profit, and attract investors and businesses. By developing a mathematical model that accounts the costs associated with transporting trucks along a particular corridor, the competitiveness of Short Sea Shipping can be determined.

It has become a case of great desire and, in some instances, a requirement to have systems in engineering be energy efficient, in addition to being effectively powerful. It is rare that there is a single technique that has the range to make this possible in a wide collection of areas in the field. The work done in this thesis exhibits how Pulse Width Modulation (PWM) bridges LEDs, plug in vehicles, fuel cells and batteries, all seemingly different sub categories of electrical engineering. It stems from an undergraduate directed independent study supervised by Dr. Zilouchian that encircled LEDs and electric vehicles and how they contribute to a smart electric grid. This thesis covers the design and development of a prototype board that test how PWM saves energy, prolongs lifespan and provides a host of customizable features in manufactured LED lights that are used in the marine industry. Additionally, the concept of charging batteries that provide power to electric vehicles was explored. It is stressed that consumers who are interested in electric vehicles are concerned about refueling and recharge times. It is natural that a competing product, such as the electric vehicle in a world dominated by internal combustion engines, will perform on par if not better than existing choices. Tests are conducted to investigate the methods of fast battery charging and the challenges this technique creates. Attention is also given to the development of a pulsed Proton Exchange Membrane (PEM) fuel cell, specifically to prove whether pulse modulation is more efficient in a hydrogen producing fuel cell as opposed to direct-driven voltage and current alternatives.

This thesis uncovers a deep and recurring link between two indigenista texts of the 20th Century: Balâun Canâan, by Rosario Castellanos, and "El problema del indio," by Jose Carlos Mariâategui. Mariategui's text, an essay, takes a deductive approach to prove that the "Indian's problem" in Peru is related to the concentration of land in the hands of his oppressors. Using Marxist theory, Mariâategui shows that only through more equitable distribution of land can the indigenous Peruvian's fortunes be improved. Castellanos chooses the years of the Cardenas presidency (1934-1940) for her novel, a work that deals with the legacy of the Mexican Revolution. Set in Chiapas, Mexico, autobiographical and fictitious elements and characters dramatize a conflict over indigenous rights to land and education on a criollo family's enormous estate. Supported by intellectual criticism from a number of fields, this thesis connects episodes from Castellanos's novel with the core premises of Mariâategui's essay.

The use of new media technology which refers to digital, computerized, or networked information and communication technologies such as the Internet, mobile devices, gaming, and social networks, has come to define the music industry today, and it is this technology that has empowered independent artists in such a way that they are now free to pursue heights of success previously only available to major label artists. New media technology has affected the traditional business models of major labels, it has resulted in gross decline in recording costs, given birth to new channels of music marketing, and business models, and has created a new music clientele that requires instant gratification, personalization, and connectivity. In the face of such change, independent artists have been empowered and can access opportunities to distribute music independently, market and promote music effectively to niche markets, secure publishing deals, while building their own community of dedicated fans.

The Migrant Education Program was enacted by Congress in 1966 as an amendment to the Elementary and Second Education Act of 1965. Today Title 1, Part C, of the No Child Left Behind Act of 2001 provides funding to states and subsequently to local educational agencies (LEAs) to provide educational programs and services to children of migratory farm workers. These funds are intended to enable these unique children to have access to state standards-based curriculum and to find success on standards-based assessments. This study examined the LEA utilization of funds awarded to the State of Florida under Title 1, Part C, from AY2007-09, identified the specific activities implemented by LEAs to meet the unique educational needs of the migrant students, and analyzed the impact of total student membership, total migrant entitlement, and concentration of migrant students relative to the total LEA student membership on the utilization of the funding. The study demonstrated that the Federal Office of Migrant Education policies and rules promulgated by the State of Florida channel funding away from educational activities for the students to non-academic expenditures.

A 'wave of nostalgia' has gripped the US leading to nostalgic fashions, furniture, television programming and even food. The marketing literature suggests that nostalgic-related consumption is the result of an aging population. It has been proposed that the purchase of nostalgic-products and services is an attempt by mature consumers to return psychologically to the ease, certainties and conflict free periods that existed or seemed to exist during their childhood or adolescence. This paper proposes that discontinuity, as argued by Davis (1979), is a better explanation for why people develop a preference for and consume nostalgic goods. Although some insights have been developed, research focused only on mature consumers and is rather limited in offering alternative explanations for the evocation of nostalgic feelings. MANCOVA was the primary method used to test hypotheses. Findings of this study indicate that discontinuity does not necessarily lead to nostalgia and preference for nostalgic products varies.