Study links entrepreneurial optimism with business success

Widespread collective entrepreneurial optimism in the United States is highly predictive of the number of new venture startups and small business growth, according to a University of Oklahoma study that included UCF College of Business professor Aaron F. McKenny. McKenny teamed up with University of Oklahoma professors Jeremy C. Short and Aaron H. Anglin to …

Bill Steiger Highlights Professional Selling Program at Dean’s Luncheon

To promote thought leadership in the UCF College of Business Administration (#UCFBusiness), Dean Paul Jarley hosts a monthly luncheon, gathering faculty from various departments to discuss events in the college. February’s guest speaker was Bill Steiger, coordinator of the Professional Selling Program. The Professional Selling Program is a selective degree track within the Department of …

Asking economists: How will the economy grow?

  Sean Snaith, Ph.D. “The government has said that the U.S. economy, as measured by the gross domestic product, or GDP, grew at an annual rate of 2.4 percent in 2014, up from 2.2 percent in 2013. In the first quarter 2015 Bankrate Economic Indicator survey of leading economists, we asked: At what rate do …

WFTV Channel 9: Removing Bias from the Promotion Process

  Benjamin Rockmore, Ph.D. 9 Investigates discovered Sanford police officers competing for a promotion won’t be evaluated by their boss. The city is spending thousands of dollars to hire an outside firm to decide who will become sergeant or lieutenant. “We put everyone on the same playing field. If you study for the test, if …

Behavioral ethics: New frontiers

  Marshall Schminke, Ph.D. Ethics has emerged as one of the most critical issues facing organizations and the people who work in them. Ethics scandals plague not only profit-seeking organizations, but those with political, religious, athletic, environmental, and social goals as well. Scholarly interest in ethical issues has grown in recent years, with numerous new …

Better than ever? Employee reactions to ethical failures in organizations, and the ethical recovery paradox

  Maureen Ambrose, Ph.D. This research examines organizational attempts to recover internally from ethical failures witnessed by employees. Drawing on research on service failure recovery, relationship repair, and behavioral ethics, we investigate how witnessing unethical acts in an organization impacts employees and their relationship with their organization. In two studies—one in the lab and one …

The 52-Week High Strategy Momentum and Overreaction in Large Firm Stocks

  Ray Sturm, Ph.D. Prior studies have documented momentum profits to stock portfolios formed from 52-week highs in prices. This article primarily examines the pattern of returns to portfolios formed from other highs besides the 52-week high and from the time interval between current prices and the prior high. This study finds evidence suggesting that …