Mona School of Business and Management staged its Conference on Business and Management themed “Driving Transformation: Finance, Enterprise Development & Wealth Creation” on November 8 – 10, 2017 at the Hilton Rose Hall Resort & Spa, Montego Bay, Jamaica. The tagline “Learning, Knowing, Doing”, signals the role of Mona School of Business and Management in knowledge creation and the application of the resulting scholarship to the everyday challenges of business.
The keynote speaker was David Storey, OBE, is Professor at the Department of Business Management and Economics at the University of Sussex, UK. He has a First Class Degree in Economics, a Diploma in Applied Statistics and a PhD in Economics. He has two honorary Doctorates and has been Visiting Professor at the Universities of Manchester, Reading and Durham, and was an International Fellow at Sydney University in 2009. He is an EIM Fellow.
CHTM’s Dr. Mark Lewis, presented two papers that complemented each other. Recognising that Caribbean governments are struggling with enormous budget deficits and substantial public borrowings, the first article sought to provide a guide as to how governments may advance its collaborative development strategy and secondly, how governments may improve its revenue yield through building a tax culture.
Financing Developments through Collaboration in the Caribbean – Arguments for Improved Vigilance, Governance and Policy Regulation Framework: The Case of Guyana, recognises the importance of governments and the private sector collaborating to financing economic developments in the Caribbean. However, too often, the inter-organisation relationships, especially in the form of Public-Private Partnerships (PPP) are ad hoc, and the desired outcomes are far from realised. The main argument and conclusion of the paper were that Guyana and the rest of the Caribbean could meet its increasing demand for infrastructure through private-public partnerships. This article recommends improved governance, vigilance of the “public” through rigorous regulatory and policy frameworks, thus preventing predatory behaviours from the “private” in the partnership. It also recommends sharing of information, experiences and knowledge between Caribbean countries which is crucial for the acceptance and success of PPP model of financing.
Building a tax culture: A case of taxpayer education argued for improved taxpayer education as a part of governments’ tax reform agenda. This study examined the effects of taxpayer education and publicity programmes on tax compliance behaviour and other factors necessary for the development of a tax culture in The Bahamas. The study concluded that taxpayer education and publicity programmes are decisive factors in the building of a tax culture. The results of this study strengthened the arguments for the provision of taxpayer education and publicity programmes using both traditional and non-traditional medium. It advances the case for introducing taxpayer education programmes into the formal education system similar to Jamaica, Mexico and Morocco among others.
The conference closed on a high note with, with the greeting of old friends and forging new friendships. The extent to which scholars work was critiqued and the feedback provided by experts practitioners and academic were priceless. Papers were peer-reviewed publicly, and presenters were reminded that the process was not personal.
Apart from the conference, the immersion in Jamaican culture was breathtaking. Waking every morning in Ocho Rios overlooking the ocean, having breakfast and dinner at local restaurants was a priceless experience.
Written by Dr. Mark Lewis