Vol. 2 (2017): Research in Business and Economics

					View Vol. 2 (2017): Research in Business and Economics
This year four students accepted the invitation to participate in a new volume of Research in Business and Economics. Philipp Loick did a study in the field of Finance, using a sample of 2867 U.S. equity mutual funds, from 2003 to 2015 provided by Center of Research and Security Prices (CRSP) hosted from Wharton Research Data Services (WRDS) from the University of Pennsylvania.The study at hand employs a novel consistency ratio by means of the return-based style analysis for U.S. equity mutual funds to investigate that relationship. Based on their consistency scores, mutual funds are subsequently divided into quintiles and compared for their risk-adjusted performance. Konstantin Grün, of the field of accounting, attempted to find a relationship between the implicit incentives provided by promotion opportunities and employee performance. He focuses on two different settings in which these incentives are present, namely situations in which the tasks to be performed after the promotion are similar as compared to the current job’s tasks, as well as situations in which the tasks differ after the promotion. Both scenarios are analyzed through two-step generalized method of moment tests using panel data from a Swiss retail bank between 2006 and 2012. Lara K. Fagin-Stief, a marketing student, studied job satisfaction and life satisfaction. Results are compared between three geographically close countries, namely Belgium, Germany and the Netherlands. The significance of these predictors in the three countries is analysed through OLS regression using data from 2012 provided by the European Social Survey (ESS). Mariam Dehghan investigated the validity of the so called concept of "Advantages of Backwardness", which is a controversial theory within the field of Development Economics. It positively frames the opportunities of less developed countries and puts forward arguments reasoning why less developed countries benefit economically from their current status through foreign technology, R&D and foreign markets accessible for trade.Also in this volume Marble students show their capabilities to do interesting and relevant research. I hope that these examples inspire future Marble students to contribute to new knowledge in economics and business. Enjoy reading. Jan NijhuisJune 2017jfh.nijhuis@maastrichtuniversity.nl 
Published: 2017-06-13