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04/29/2009

Griffith helping the homeless

A Gold Coast-based Griffith University researcher is helping a homeless program in the USA with his expertise in how people develop an interest in sport.

Griffith Business School’s Professor Dan Funk works with non-profit program Back on My Feet which encourages homeless people in Philadelphia and Baltimore to take up running.

The one year project, which started in January, promotes the self-sufficiency of homeless people by engaging them in running to build confidence, friendships and self-esteem.

Professor Funk said exercise was used to create a sense of community and stability through the regular running groups.

“My work is on how people develop their sport involvement, the internal and external factors that lead to people getting involved in sport which are personal, psychological and environmental,” Professor Funk said.

“In this case, we look at social and environmental factors.”

Professor Funk said sporting or hobby enthusiasts develop in four stages: first they become aware, then attracted, followed by attached, and finally develop an allegiance to the sport or hobby.

He will use the monthly feedback forms to gauge the success of the program and at which stage each participant is at.

“By identifying where each participant is in these four stages, the program can develop a strategy to encourage the participants to the next stage so they can tap into the full benefits of the program.
“As the program continues, the social network and comradery becomes meaningful and the running becomes secondary to social engagement.”

The project is a joint initiative among Griffith University, Temple University and Back On My Feet.
The Department of Health at Temple University have also proposed a stop smoking program to complement the running program.

Back on My Feet: http://backonmyfeet.org/main/index.html


International banking and tax laws a joke

A Griffith University researcher used Google and $10,000 to prove international banking and tax laws are a joke. And it was the banks in the US and UK who were flouting the rules, not the smaller island tax havens.

In an online experiment, Professor Jason Sharman from the Griffith Business School set up shell corporations and bank accounts without any identification - corporations which could easily be used to launder money.

In one case, a US provider offered to use their employees’ own social security numbers as the identification required to set up corporations.

Professor Sharman set out to see how difficult it was to violate recent global standards stopping anonymous participation in the international financial system.

He emailed 45 different corporate service providers across 22 countries soliciting offers to set up anonymous shell corporations. Seventeen agreed.

Of these, 13 were from OECD (Organisation for Economic Co-operation and Development) countries, including seven in the UK, four in the United States, one in Spain, and one in Canada, compared with only four of 28 known tax havens.

From the 17 anonymous corporations, he solicited offers for five bank accounts (two from US, two from UK and one from Liechtenstein) without having to provide any certified identification as to the true owner of the company and account.

“It cost from only $800 to $3000 for up-front costs followed by a slightly smaller amount on an annual basis for each corporation,” Professor Sharman said.

“I found small island offshore centres traditionally thought to be loose with tax and international laws to have standards that are much higher than major OECD economies like the United States and the United Kingdom.”

He said even without direct access to the banking system, anonymous companies could be useful in financial crime by holding share portfolios in the name of a foreign shell company so as to avoid capital gains tax.

“The most flagrant breach of international standards came from a US provider based in Wyoming which offered to use their own employees’ social security numbers as the tax identification number for a corporate vehicle.”

Professor Sharman said the findings show the problems of financial opacity are for G7 countries - not palm-fringed tropical islands.

“Unlike the Cayman Islands and Panama, the United States, United Kingdom and other OECD states have simply chosen not to comply with international standards they had a large hand in creating.”

Griffith University’s online event - Virtual Research Week is from May 5-8. Professor Sharman will be one of the many researchers in chat rooms talking about their work and will also be a speaker at the event, via a video. See www.grifffith.edu.au for details.


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