December 2010
December 2010
The Patriot-News, 12/22/2010—Terrence Guay, clinical associate professor of international business, comments on outsourcing. "Terrence Guay, an associate professor of international business at Penn State University, said workers in places such as India can do work for about one-fourth what it costs in the United States. He said outsourcing was at its peak about seven or eight years ago but has slowed down during the past two years." (Goodbye, Jobs? Highmark Explores Shipping Positions Overseas).
Financial Times, 12/21/2010—J. Edward Ketz, associate professor of accounting, comments on the New York state lawsuit against Ernst & Young. "'If E&Y can say in their professional judgment that the transaction falls within what 140 says then I think E&Y is off the hook,' said J. Edward Ketz, an accounting professor at Pennsylvania State University. But he added that based on his review of the bankruptcy examiner's report, 'there are at least a few transactions that appear to be against 140.'" (E&Y Suit Hinges on Lehman Use of Repo 105).
Gant Daily, 12/19/2010—Article on research by Gary Lilien, Distinguished Research Professor of Management Science. "New research coauthored by a professor in Penn State's Smeal College of Business identifies what firm types benefit from increases in advertising and research and development spending during recessions." (Advertising, R&D Recession Spending Good for Certain Firms). This news release also appeared on PhysOrg.com and ScienceBlog.
The Huffington Post, 12/14/2010—Article mentions research by Linda Treviño, Distinguished Professor of Organizational Behavior and Ethics. "In 1999, McCabe and Trevino, along with Kenneth D. Butterfield, revisited the issue of honor codes in a study aimed at better understanding why such codes make a difference. Their research found sharp contrasts between the outlook of students at code and non-code schools." (Why Honor Codes Reduce Student Cheating).
Pittsburgh Tribune-Review, 12/10/2010—Terrence Guay, clinical associate professor of international business, comments on the economy's effect on state budgets. "Clearly, a lot of states are tapped out because of economic conditions," Guay says. "States can weather the storm for a short period, but if the recession is extended for, say, five years, there will be a huge mess." (State to Seek $650 Million for Projects).
Pittsburgh Post-Gazette, 12/09/2010—Fariborz Ghadar, director of the Center for Global Business Studies, is mentioned regarding fuel prices. "The increases are not typical for the first week of December. On the contrary, gasoline prices usually fall in winter, said Fariborz Ghadar, director of Penn State University's Center for Global Studies. There are two major reasons why: first, because Americans do less driving in the winter than during the spring and summer months and, second, because the gasoline used in the winter is cheaper to produce than the summer blend, which includes ingredients for reducing evaporation." (Soaring Prices at the Pump Defy Seasonal Trends).
ComRadio (Penn State). 12/09/2010—Terrence Guay, clinical associate professor of international business, was interviewed three times on ComRadio regarding Europe's economic issues and other topics.
The Patriot-News, 12/08/2010—Maria Taylor, director of learning solutions, comments on the employment preferences of younger workers. "Younger professionals are looking for places that not only offer good paying jobs, but also are great places to work, said Maria Taylor, director of learning solutions at Penn State Executive Programs. 'And the ability to attract top talent is perceived as being very important,' she said. 'Companies are seeing it as a competitive advantage.'" (Tyco Electronics Plans to Invest $65 Million in Its Midstate Operations).
Fundamentals, 12/08/2010—Blog post mentions research by J. Edward Ketz, associate professor of accounting. " In a study, Edward Ketz of the Pennsylvania State University mentions that short sellers are the most knowledgeable experts on accounting and finance and the most extensive users of company financial statements." (Short Selling).
CNBC, 12/06/2010—Fariborz Ghadar, director of the Center for Global Business Studies, appears on "Street Signs" to discuss Iran's Kish Island.
The Wall Street Journal, 12/06/2010—Article mentions research by Jingzhi Huang, "McKinley Professor of Business. "A study published in March by professors at Pennsylvania State University and the State University of New York at Albany found that from July 2007 through December 2008, during the bear market, two types of mutual funds that use hedging strategies outperformed a broad stock-market index fund." (Hedge-Fund Firms Woo the Little Guy).
Supply & Demand Chain Executive, November/December 2010—Gene Tyworth, chair of the Department of Supply Chain and Information Systems, comments on the demand for supply chain graduates. "We've seen the demand for supply chain graduates remain surprisingly strong for the last three years," Tyworth says. (Building the Supply Chain Talent Pool).
