Business Building

Research Incubator Seminar Series

The Research Incubator Seminar Series aims to create a forum for scholars to present their work in progress.

“Outlier Bias in Finance Research”

Presenter: John Adams, Ph.D., assistant professor of finance
Date: Wednesday, April 16, 2014
Time: 2-3:30 p.m.
Location: Business Building, Room 609
Finance researchers use OLS for statistical inference in 47% of the studies published in the top four finance journals in 2012. Despite widespread knowledge that extreme values bias least squares estimators, 42% of these studies make no mention of outlier detection or correction. We show that outliers can exert outsized influence on OLS as well as MLE, GMM, Bayesian, and quantile regressions. An extensive majority of the remaining 58% uses either winsorized or trimmed least squares. However, our results demonstrate that winsorizing and trimming can exacerbate the outlier-induced bias problem. We also provide guidance for finance researchers on how to diagnose and mitigate the influence of outliers. The Research Incubator Seminar Series is part of our UTA DNA!
Followed by Coffee with the Dean in Business Building Room 633.


"Riding with the Cowboys: Do Entrainment and Entrainment Quotient Matter to Firm Performance?"

Presenters: Liliana Perez-Nordtvedt, Ph.D.; Jeff McGee, Ph.D.; and Susanna Khavul, Ph.D., associate professors of management
Date: Wednesday, March 19, 2014
Time: 2-3:30 p.m.
Location: College of Business, Room 609
Most research examining firm adaptation to major environmental changes focuses on responses that change what firms do (e.g., technology employed, structured used, market targeted). Few studies look at firms’ responses that involve time-related changes such as adaptive responses to regain temporal fit with a newly changed environment. Organizational entrainment is a construct that captures how firms synchronize their rhythms with those of the environment. Using data collected over three different periods of time on firms’ responses to the arrival of the Dallas Cowboys stadium, we examine the effect of organizational entrainment on the performance of incumbent firms in Arlington. We do this while taking into account non-temporal adaptive responses. Our results suggest that a firm’s temporal capability to entrain, or its entrainment quotient, enhances such efforts. Thus, synchronizing with the Cowboys is not enough. Firms also need to develop the capability to do so.
Followed by Coffee with the Dean in CoB Room 633.


"Does the Apple Fall Far From the Tree? A Meta-analysis of Extension Feedback Effects."

Presenter: Traci Freling, Ph.D., associate professor of marketing
Date: Wednesday, Feb. 19, 2014
Time: 2-3:30 p.m.
Location: College of Business, Room 609
Extensions provide a useful and effective way for brands to build on existing consumer attitudes to mitigate the risk of new product launches, leading to an ever increasing number of extensions being released into the market every year. Most attention has focused on the effects that the parent brand has on the extension, however. The reciprocal effects of the extension on the parent brand evaluations of customers, also known as extension feedback effects, can result in both increases or decreases in parent brand evaluations following exposure to the extension. The authors conduct a quantitative meta-analysis of 246 effect sizes from 41 published and unpublished studies regarding both directions of reciprocal effects of an extension and identify fruitful avenues for future research.
Followed by Coffee with the Dean in CoB Room 633.


"Virtual Team Performance in Crowdsourcing Contests: A Social Network Perspective."

Presenter: Jennifer Zhang, Ph.D., associate professor of information systems
Date: Wednesday, Jan. 22, 2014
Time: 2-3:30 p.m.
Location: College of Business, Room 609
Recent advances in information technology bring significant changes to the nature of work by allowing companies to tap “wisdom of the crowd” beyond their own workforce. In particular, organizations increasingly seek solutions to their business problems using online crowdsourcing contests that are open to the public. In these contests, self-organized virtual teams compete for monetary reward. Motivated by this new phenomenon, this research investigates how the social network structure of a virtual team impacts its performance in the context of online crowdsourcing contests, and the findings have strategic implications to the design of virtual work teams.
Followed by Coffee with the Dean in CoB Room 633.


"Polarized Perceptions: When Joint (vs. Separate) Decisions about Others Leads to Over-diversification"

Presenter: Ritesh Saini, Ph.D., assistant professor of marketing
Date: Wednesday, Dec. 11, 2013
Time: 2-3:30 p.m.
Location: College of Business, Room 609
How do simultaneous choices made for multiple-other people differ from choices made for a single-other person? In this paper we explore how people make decisions for, and anticipate preferences of, multiple-other people (vs. a single person). We demonstrate three systematic effects when decisions are simultaneously made for multiple people, and the observed enhancement in preference heterogeneity persists even when decisions remain anonymous, and impression management concerns are low, thereby ruling out any social-signaling motivations.
Followed by Coffee with the Dean in CoB Room 633.


"No Accident: Health, Wellbeing, and Performance at Work"

Date: Wednesday, Nov. 13, 2013
Time: 2-3:30 p.m.
Location: College of Business, Room 245E
In examining “high-risk” employees, we propose a more comprehensive approach for prevention and reconciliation. We suggest that HR professionals can advance health, wellbeing, and performance at work by managing high-risk employees. We estimate that 1-3 percent of employees (10 to 30 among 1,000) are what we label “high-risk” employees who may be the source of significant harm and negative events at work. The behaviors of these high-risk employees are often not accidental, even if not always intentional. Establishing public health surveillance systems can serve as the basis for foreseeing and preventing much hurt, harm, and even death in organizations.
James Campbell Quick, Ph.D., is the John and Judy Goolsby – Jacqualyn A. Fouse Endowed Chair in the management department of the College of Business at UT Arlington. Ann McFadyen, Ph.D., is associate professor of management in the College of Business at UT Arlington. The teaching and research specialization for both faculty members includes organizational strategy and behavior, strategic management, and leadership.
Followed by Coffee with the Dean in CoB Room 633.


“Short Selling around the Expiration of IPO Share Lockups”

Date: Wednesday, October 2, 2013
Time: 2:00-3:30 p.m.
Location: CoB Room 609
In an examination of activity around the expiration of initial public offering (IPO) share lockups, we find that more abnormal short selling prior to the lockup expiration date is associated with worse stock returns on the lockup expiration date, suggesting that short sellers are informed.
(Grace) Qing Hao, Ph.D., is an associate professor of finance in the College of Business at UT Arlington. She is a Chartered Financial Analyst (CFA) charterholder whose research has been published in many significant journals, including Journal of Financial Economics, Journal of Corporate Finance, and others.