Lawrence Murphy Smith


Lawrence Murphy SmithLawrence Murphy Smith (Dr.), CPA is a Professor of Accounting at Texas A&M University-Corpus Christi. He earned his DBA at Louisiana Tech University. His academic record includes numerous research articles, books and monographs, academic conference presentations, research grants, and awards for teaching and research. His research focuses on international issues, ethics, and financial reporting. He ranks in the top one percent of authors on Social Sciences Research Network ( by downloaded articles (over 71,000). His work is highly referenced, with over 3,400 citations to his work shown on Google Scholar. His work has been reported in various news media, including National Public Radio, Fortune, USA Today, and The Wall Street Journal.

Papers Published in World Economics:

Relationship of Internet Activity to Economic and Social Metrics

This paper provides a multinational analysis of the relationship of internet activity to economic and social metrics. Analyses were made of 129 countries, all those with complete data for internet usage, economic activity, economic freedom, gender equality, and social progress. The internet facilitates economic development in myriad ways, such as businesses can efficiently offer their goods and services online. Findings indicate that countries with higher levels of Internet usage are associated with significantly higher levels of economic activity, Economic freedom gives citizens the right to control their own labor and property. Countries with higher levels of internet usage are associated with significantly higher levels of economic freedom. Gender equality and social progress are valuable components of a vibrant economy. Findings of this study show that countries having higher levels of internet usage are associated with significantly higher levels of gender equality and social progress.

Read Full Paper >

Relationship of Economic Freedom to Economic Performance, Gender Equality, and Social Progress

This study examines the relationship of economic freedom, as measured by the Economic Freedom Index, to economic performance (GDP), gender equality, and social progress. Prior research suggests that business activity is more robust in societies that are more economically free with lower government involvement. Modern business firms must do more than just make a financial profit; firms must also be good corporate citizens and demonstrate corporate social responsibility, such as by advancing gender equality and general social progress. Business managers play key roles in their firms’ advancing corporate social responsibility. Findings of this study indicate that higher levels of economic freedom are significantly positively related to the social factors of gender equality and social progress, important issues to socially responsible business firms.

Read Full Paper >