Media Coverage

April 2012

NYDailyNews.com, 04/26/2012—Andrew Carton, assistant professor of management, writes in an op-ed about race, leadership, and the NFL. "We discovered that black quarterbacks were described as incompetent leaders when their teams lost," Carton and his co-author write. "But when their teams won, rather than being evaluated as effective leaders, they were described as superior athletes. This pattern of 'switching stereotypes' was not found for white quarterbacks." (Luck vs. Griffin Is a Black and White Issue).

Bloomberg News, 04/21/2012—Article quotes a blog post by J. Edward Ketz, associate professor of accounting. (Groupon Shareholders Learn Hard Lesson After IPO). This article also appeared in the Seattle Times.

The Wall Street Journal, 04/14/2012—Charles Enis, professor of accounting, comments on tax refunds. "'All a tax refund is, is the government saying to you, "You've overpaid and here's your change,"' explains Charles Enis, an accounting professor at Penn State University. ... Research by Mr. Enis shows taxpayers are so addicted to this adrenaline rush that those who discover during tax filing season that their refunds will be smaller than hoped (or their tax bills higher) are more likely to open traditional, tax-deductible IRAs or add to existing ones to goose their refunds (or lower their tax bills)." (Admit It -- A Refund Feels Good).

Reuters, 04/12/2012—Article quotes a blog post by J. Edward Ketz, associate professor of accounting. (Groupon Accounting Problems Put Spotlight on Board).

CNN Wire, 04/12/2012—J. Edward Ketz, associate professor of accounting, comments on the Google stock split. "Benevolent dictators might lead to efficient government, but once they lose some of the benevolence, things can turn nasty," Ketz says. "Google's inner circle needs to make itself accountable to others, not less accountable." (Google's Wacky Stock Split Gives Founders More Clout).

The Wall Street Journal Online, 04/11/2012—News brief on Smeal's new dean, Charles H. Whiteman. "Penn State University's Smeal College of Business has named Charles H. Whiteman as its new dean. ... Mr. Whiteman, an economist, currently serves as senior associate dean for the Tippie College of Business at University of Iowa, overseeing undergraduate and graduate degree programs, faculty and staff recruitment, budget and strategic planning, among other functions." (New Dean at Penn State's Smeal).

Financial Times, 04/10/2012—News brief on Smeal's new dean, Charles H. Whiteman. "Economics specialist Charles Whiteman is to become the next dean of the Smeal school at Penn State University from July. He will replace James Thomas, who has been dean at the school in State College, Pennsylvania, since 2006." (Penn State Looks to Iowa for Its Next Dean).

Centre Daily Times, 04/10/2012—News brief on Smeal's new dean, Charles H. Whiteman. "Penn State’s Smeal College of Business has a new leader. Charles Whiteman, a senior associate dean for the Tippie College of Business at the University of Iowa, will become the college’s next dean, the university announced Monday." (Penn State Business School Hires New Leader).

Pittsburgh Post-Gazette, 04/08/2012—J. Edward Ketz, associate professor of accounting, comments on a provision in the JOBS Act that weakens securities law. "We want to dismantle the government apparatus for checking these things? It's almost like a license to steal for five years," Ketz says. "I find it incredible that Democrats and Republicans are claiming this is going to produce a lot of jobs." (JOBS Act Ambiguity Won't Boost Workforce).

Chicago Tribune, 04/07/2012—Article quotes a blog entry by J. Edward Ketz, associate professor of accounting. "It is absolutely ludicrous to think that Groupon is anywhere close to having an effective set of internal controls over financial reporting (given the company's rapid growth and expansion) … and don't forget that Groupon admitted to having an inexperienced accounting and reporting staff," Ketz and his coauthor write on their blog, Grumpy Old Accountants. (Groupon Grapples for Control).

iWatch News, 04/06/2012—Fred Hurvitz, Kohl's Professor of Practice in Retail, comments on on-call employment in retail. "For retailers, scheduling on-call shifts helps drive down labor costs, which Fred Hurvitz … said can account for 40 percent or more of their total expenses. As brick-and-mortar retailers face stiff cost competition from online retailers and pressure to drive down prices, Hurvitz said, they are increasingly searching for ways to save. The cost of labor is one place they are looking to cut." (On Call Employment: Good for Business, Bad for Workers).

TheStreet.com, 04/04/2012—Article quotes a blog entry by J. Edward Ketz, associate professor of accounting. (Groupon's Troubles Were Written on the Wall).

The Wall Street Journal, 04/03/2012—Article quotes a blog entry by J. Edward Ketz, associate professor of accounting. (SEC Probes Groupon). This article also appeared in The Wall Street Journal Asia and The Wall Street Journal Europe.

The Wall Street Journal Online, 04/03/2012—J. Edward Ketz, associate professor of accounting, comments on a provision in the JOBS Act that allows firms to privately resolve disagreements with regulators before going public. "I find it amazing that Congress would allow any firm to work behind closed doors on any accounting or auditing issue," Ketz says. "We learned a long time ago that sunshine is the best antiseptic." (JOBS Act Debate: Should Pre-IPO Companies Resolve Accounting Issues Behind Closed Doors?). A version of this article also appeared in The Wall Street Journal Europe.

International Business Times, 04/03/2012—Article quotes a blog entry by J. Edward Ketz, associate professor of accounting. (SEC Probes Groupon Earnings Report; Long-Time Skeptics Feeling Vindicated).

Business Insider, 04/03/2012—Article research by J. Edward Ketz, associate professor of accounting. "The SEC probe into Groupon's lousy accounting controls came as no surprise to Anthony Catanach Jr., an associate professor in the School of Business at Villanova University, and J. Edward Ketz, an associate professor of accounting in the Smeal College of Business at Pennsylvania State University. They took a victory lap around their blog after the daily deal giant restated its earnings on April 1 because they urged the SEC back in August 2011 to audit its internal control system." (These Business School Profs Predicted Groupon's SEC Probe Seven Months Ago).

Business Insider, 04/03/2012—Article quotes a blog entry by J. Edward Ketz, associate professor of accounting. (Here Are the Two Biggest Timebombs in Groupon's Dodgy Accounts).

The Motley Fool, 04/02/2012—Article quotes a blog entry by J. Edward Ketz, associate professor of accounting. (Groupon Is Having Trouble with the New Math).

Pittsburgh Tribune-Review, 04/01/2012—Andrew Carton, assistant professor of management, comments on his research about racial stereotypes and leadership. "According to a December 2011 study by Andrew Carton, ... perceptions about blacks in leadership positions are actually stereotypes about blacks' leadership failings. Using research based on newspaper articles about college quarterbacks during the 2007 season, the study revealed a consistent pattern of associating losses with failed leadership when quarterbacks were black but not when they were white." (Stereotypes Color Perceptions in Sports).

Centre Daily Times, 04/01/2012—Terrence Guay, clinical associate professor of international business, comments on gasoline prices. "My own view is that this is a long-term trend that Americans are going to have to get used to," Guay says. "Gas prices are never going to return to $2." (Pain at the Pump: Prices Change Driving Plans).

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