International Journal of Management and Decision Making (7 papers in press)
- GROUP DECISION MAKING PROCESSES AND GROUP DECISION QUALITY: MODERATION OF MUTUAL INTEREST
by Aziz Bakay, Jun Huang, Yundong (William) Huang
Abstract: Considering the existence of mutual interest in work groups within organizational context, we investigated three main decision making processes: Personal task participation, negative socio-emotional behavior, and information domination. To illustrate the relationship between group decision making processes and decision quality, we developed and tested a process model in which the final group decision quality could be predicted by abovementioned decision making processes. Testing the moderation effect of mutual interest is considered as focus of study and its implications are discussed. Further expansion of our model involves process satisfaction as an intervening variable. The overall assessment of the group decision making process was captured in the process satisfaction construct and its association with decision quality was analyzed. Findings suggested that our first model supported the moderation of mutual interest with one exception. Findings of the second model suggested that satisfaction of the group members about decision processes is strongly associated with decision quality.
Keywords: Group decision process, group decision quality, mutual interest, process satisfaction.
- Do characteristics of audit committees and board of directors influence earnings management?
by Jagdish Pathak, Khondkar Karim, SangHyun Suh, Ziwen Zhang
Abstract: Earnings management has attracted much attention in this globalized economic environment due to large accounting scandals such as Enron and WorldCom. National governments and other market-regulation institutions are taking measures to restrain earnings management in order to ensure the reliability and transparency of financial reporting. This study explores whether audit committees and boards of directors influence earnings management using the literary review method. The findings show that both discretionary accruals and abnormal accruals are mostly used as dependent variables to detect earnings manipulation estimated by the Jones and Modified Jones Models. For the most part, evidence from previous literature indicates that the more independent the members of the audit committee and board, the higher the quality of earnings in financial reporting. However, some opposite findings exist.
Keywords: earnings management, audit committee independence, board of directors, discretionary accruals, modified Jones model.
- Making the Recruitment Decision for Fresh University Graduates: A Study of Employment in an Industrial Organization
by Mohammad Hossein Zarei, Kuan Yew Wong
Abstract: Owing to the intense need for educated and talented workforce, especially in developing countries, recruiting fresh university graduates has become an important issue for organizations. However, conventional recruitment and personnel selection methods may be unable to fulfill the task due to some uncertainties and complexities such as lack of past work experience or creeping subjectivity into the recruitment process of fresh graduates. This paper addresses the problem by proposing a twofold recruitment approach which benefits from human resource personnel selection methods and analytic hierarchy process (AHP). A study of employment for an industrial organization in Malaysia was conducted and the proposed model was applied. The study has shown the overriding role of university lecturers for the recruitment of fresh graduates. The consistency and validation of the model was examined through experimental procedures based on consistency test and sensitivity analysis.
Keywords: recruitment; employment; fresh graduates; analytic hierarchy process; AHP; validation; rÃ©sumÃ© screening; job analysis; structured interview; manufacturing; industrial; Malaysia
- Sensitivity Analysis on PROMETHEE and TOPSIS Weights
by Tolga Genc
Abstract: The purpose of this paper is to determine the changes of the outrankings of alternatives due to the changes of weights. It is analyzed that the altering of weights of PROMETHEE is how affecting the outrankings by using stability intervals. It is also tested that when the changes of weights in PROMETHEE are applied to TOPSIS weights at the same level, how the TOPSIS outranking alters.
Weights are subjective factors in Multi Criteria Decision Making methods for that reason they vary in determination. When you change the weights, the outrankings of the methods alter. It will be interesting to discuss in this paper how the influence they have on the outrankings of the methods. Sensitivity analysis is performed over PROMETHEE and TOPSIS weights by using stability intervals. In this study the main focus will be stability intervals of weights and the altering of outrankings due to changing of weights. Stability intervals allow seeing at a glance in which ranges the weights of the different criteria could move without affecting the best solution.
Keywords: Key words: Multi Criteria Decision Making; Sensitivity Analysis; PROMETHEE; TOPSIS.
- A Mathematical Location-Routing Model of Repair Centers and Ammunition Depots in order to Support Soldiers in Civil Wars
by Kaveh Khalili-Damghani, Hossein Naderi
Abstract: One of the most crucial factors in civil wars is to properly support fighting soldiers. Since the opposition forces are usually faced with many difficulties to provide themselves with ammunition, they should use their ammunitions and equipment with extreme care. This makes them establish centers for repairing defective military equipment. This article intends to present a mathematical Integer Linear Programming (ILP) model in order to minimize the expenses related to locations, routing, and reverse logistics of fighting forces. The presented model has been solved by numerical examples of different sizes using Branch and Bound method and its applicability has been shown in the real world problems.
Keywords: Mathematical modeling; Location Routing Problem; Reverse logistics; Resource allocation; Integer Linear Programming; Branch and Bound method
- A Note on the Legal Considerations in Decision Science Models of Collaboration, Information Sharing and Integration in Supply Chains
by Karen Reardon
Abstract: In this research note, we suggest that models, which ignore pertinent laws (including but not limited to competition laws) cannot approximate the risks and rewards of collaborative behavior. This article discusses potential legal violations and seeks to encourage multi-disciplinary approaches to the future development of decision science models of Collaboration, Information Sharing and Integration. It identifies future questions for research and proposes that a multidisciplinary team may be best equipped to explore them.
Keywords: information sharing; collaboration; coordination; cooperation; integration; cooperative decision making; anti-competition law, competition law, antitrust law; vertical integration; market manipulation; securities law.
- A Cross-Cultural Comparison of Whistleblowing Perceptions
by Xintong Cheng, Khondkar Karim, Karen Lin
Abstract: Through an empirical examination, this research reports on the results of cultural influences on whistleblowing decisions and the perception of people from individualistic cultures and those from collectivist cultures. We utilize cultural differences and characteristics between different nations to formulate hypotheses that individuals from collectivist cultures are less likely to be whistle-blowers, and less accepting of whistleblowing behavior, than individuals from individualistic cultures. Data were collected through a survey given to subjects of British and Chinese students from the University of Glasgow. The results support hypotheses about diversity in decisions made by individuals from individualistic cultures compared to those from collectivist cultures. The research findings have implications for the administration of domestic and multinational corporations. In order to enhance the effectiveness of internal control systems in various nations, such systems should take cultural differences into consideration. The results suggest that, compared to collectivist cultures, whistleblowing as an organizational strategy of internal control systems is more likely to be effective in individualistic cultures.
Keywords: Keywords: Whistle-blowing cultural difference survey China the UK