Where: Room 3.18, Law and Commerce building
When: 12:00 noon, unless otherwise stated
Who can come: All welcome!
Convenor and contact: Phil Lawn
|Monday, 3 June|
Identity theft and university students
|Monday, 13 May|
Dr. Graciela Corral de Zubielqui
Dr. Janice Jones
Dr. Pi-Shen Seet
Professor Noel Lindsay
Knowledge transfer between actors in the innovation system: A study of higher education institutions (HEIS) and SMEs
Purpose: To understand how and why do SMEs access knowledge from external actors in general and from HEIs in particular and what is the extent to which these knowledge access pathways affect SME innovativeness. Methodology:
|Monday, 6 May|
Tournament design, prize structures and strategic effort-exertion: Evidence from the 'Field'
In some rugby union competitions, in addition to the usual awarding of (four) points for a win, there are also: (i) 'try'; and (ii) 'narrow loss' bonus points on offer. The former presents a rare opportunity in sport to sound out team-specific behaviour (resource allocation of both defensive and attacking effort-exertion), as by conceding the bonus point, the opponent does not lose any points. We test this using ordered response models, finding that significantly more tries are scored in 2002-2012 Super Rugby matches by teams late in matches when they can earn the try bonus point with one more try.
|Monday, 29 April|
Meeting the online competition for undergraduate business students: Innovate or detonate?
This paper examines the challenges posed to traditional methods of teaching undergraduate tax law as a reult of the proliferation of online university education providers. The paper advocates the case for innovation to accentuate teaching as well as the need to assess the effectiveness of such innovations. A case study is provided of an innovation involving ongoing individual assessment and team based learning (TBL) undertaken with undergraduate accounting and law students studying taxation law. The effectiveness of the innovation is assessed by way of student results, teacher's impressions, student feedback and a reflections assignment provided to students. The feedback demonstrated the many benefits of face to face team based learning for university students, teachers and traditional universities, as well as prospective employers.
|Monday, 8 April|
The cost of capital and optimal financing policy in a dynamic setting
This paper revisits the Modigliani-Miller propositions on the cost of capital in the dynamic setting. I find that the firm's optimal capital structure and cost of capital depend on the time preference of the firm's manager, which is ignored by static models. The results show that the optimal captial structure always exists and the weighted average cost of capital decreases with leverage, even in the absence of taxes and bankruptcy costs. In an environment with taxes but without bankruptcy costs, the optimal capital structure is the mix of debt and equity rather than 100% debt. The results do not support the conclusions of Modigliani and Miller (1958, 1963).
|Monday, 18 March|
Jian Liang and Yuan George Shan
The impact of mandatory international financial reporting standards in the UK and Germany on earnings quality: Is corporate governance a matter?
This study operationalizes preparer incentives using a self-constructed corporate governance score and examines the impact of accounting standards and preparer incentives on earnings quality. Our results suggest that International Financial Reporting Standards improve earnings quality in the post-adoption period. High quality standard and efficient governance mechanisms operate as complements in determining the quality of financial reporting in shareholder-oriented countries, whereas in stakeholder-oriented countries, they function as substitutes.
Presenters are from Flinders Business School unless otherwise indicated.