New Study by Sridharan, Mansour, Ray Tackles Bitcoin Usage

A new study by Turner College faculty Uma Sridharan, Fady Mansour, Lydia Ray and University of North Florida management professor Tobias Huning investigates the effect of risk tolerance on the decision to use Bitcoin in making payments and receiving compensation. They collected survey data from 225 respondents to measure risk attitudes and the choice to use Bitcoin. Two measures of risk are employed – the general risk-taking propensity scale (GRiPS) and the risk-taking index (RTI). Analysis of the survey data reveals that individuals who chose to receive payment in Bitcoin show a significantly greater risk propensity for both GRiPS and RTI. According to one model specification discussed in the study, individuals with the lowest risk-taking propensity exhibit a 17% to 36% probability of accepting payment in Bitcoin, compared to a range of 57% to 68% for individuals with the highest risk-taking propensity. Interestingly, the results suggest that the choice to make payment using Bitcoin is unrelated to risk-taking propensity. The study is set to appear in the July 2023 issue of the Journal of Financial Economic Policy. “For future research, we plan to incorporate various macroeconomic trends to estimate the effect of risk attitude on adopting different kinds of cryptocurrencies, conditional on the macroeconomic environment and business cycle,” Sridharan indicated to Turner Business.

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ABDC Releases 2025 Journal Review, Now Ranks Journal Edited by Phil Bryant

The long-awaited journal review being conducted by the Australian Business Deans Council (ABDC) has been released and there are a number of news items that relate to faculty in the Turner College. One of these is the ABDC's decision to now include Compensation and Benefits Review in its journal rankings. This is big news for the Turner College as its editor, Phil Bryant , is a professor of management in the Turner College. The ABDC is proposing that the journal enter its system for the first time as a C-rated journal. Acting Turner College Dean Tesa Leonce sits on the journal's editorial board, while Turner College management professor Mark James has guest-edited an issue of the journal. Published by SAGE, Compensation & Benefits Review is the leading journal for senior executives and professionals who design, implement, evaluate and communicate compensation and benefits policies and programs. The journal supports compensation and benefits specialists and academic ex...

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The New Financial Times Top 50 Business Journals Just Released

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