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Our Business School Grant Success

02 Nov 2011

The flexibility of working parents, the impact of the internet and social media in Australian workplaces and public transport reliability are among the research areas that Business School academics will investigate thanks to this week's ARC Grant funding' announcement.

It was announced on Tuesday that researchers at the University of Sydney Business School received a significant part of the $26.8 million funding allocation (out of a national total of $236 million) for Discovery projects starting in 2012.

The federal government's National Competitive Grants Program (NCGP), administered by the Australian Research Council, aims to support top-quality research that leads to the discovery of new ideas.

The funding falls into two broad programs, 'Discovery' and 'Linkage' with the ARC announcing Discovery fellowships to support early-career researchers later this month.

University of Sydney Vice-Chancellor Dr Michael Spence congratulated the successful applicants.
"This new funding will enable University of Sydney researchers to continue to reach across disciplinary boundaries to make a real difference, both here in Australia but also internationally," Dr Spence said.

"Through developing new technologies, better understanding our society, and revealing solutions to health problems, this is an exciting time to be involved in research at the University of Sydney."

Associate Dean (Research) Professor David Grant also offered his personal congratulations to the Business School researchers who are eager to get their research projects underway.

"It is a testament to the quality and relevance of research and scholarship undertaken within the Business School that we've been able to secure funding for these significant projects. The projects will all seek to inform and influence business practice, policy and regulation and focus on issues that are of critical importance to the Australian economy."

A full list of the projects is listed below:-

Project Title: Flexibility for working parents in the 'hybrid' fair work system
Researchers: Dr Rae Cooper and Prof Marian Baird ($214,879)
Project Summary
The Fair Work Act (2009) establishes a novel 'hybrid' system of workplace regulation encompassing individual rights and processes and a new collective bargaining regime. This project investigates how the new framework can be utilised to establish flexible working arrangements for the benefit of families, employers and society.

Project Title: Valuation of service reliability and crowding under risk and uncertainty: neglected drivers of demand for public transport
Researchers: Prof David Hensher, A/Prof John Rose ($210,000)
Project Summary
The reliability of public transport services, and the amount of crowding at stations and also on trains and on buses, have come under strong criticism. This study identifies the role that improved reliability and reduced crowding play in influencing the switch from car to public transport for the commute.

Project Title: The predictive, behavioural and economic forecasting performance of alternative credit risk and bankruptcy models: a global study
Researchers: Prof Stewart Jones and Prof David Johnstone & Dr Maurice Peat ($180,000)
Project Summary
This study empirically evaluates a range of "new age" credit risk models using a large global sample of failed firms and bond ratings data. The study will provide a substantive body of empirical evidence to assist regulators, creditors, investors and other users assess the merits, strengths and limitations of alternative risk modelling approaches.

Project Title: Travel time budget analysis from multi-day and multi-year data
Researcher: Prof Peter Stopher ($333,545)
Project Summary
This research will investigate whether people have stable budgets for daily travel time and travel cost expenditure. Stable budgets have enormous implications for how various transport policies and investments are likely to affect the way people choose to travel and will likely change various policy and investment decisions related to transport.

Project Title: New technology and talent acquisition in Australian professional services firms
Researchers: A/Prof Nick Wailes, Prof David Grant, Dr Kristine Dery, Prof Richard Hall, A/Prof Philip Seltsikas ($193,000.00)
Project Summary

The project examines the adoption and use of new recruitment related technologies by Australian professional services firms. It will provide insights into how Australian organisations can make more effective use of internet and social media technologies to attract new talent - a critical challenge affecting many Australian businesses.