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6 News Investigates: The Pension Problem


May 06, 2016 - WJAC-TV

Ron Gebhardtsbauer, clinical associate professor of actuarial science, weighed in on the story of a widow who was overpaid for her late husband's pension by the Pension Benefit Guaranty Corporation. Gebhardtsbauer was once chief actuary of the PBGC.

Competing Interests: Customers vs. Wall Street


May 02, 2016 - Marketing News

Ralph Oliva, a director of of the Institute for the Study of Business Markets, and professor of marketing, co-authored a story that advocates CEOs and marketers to concentrate more on satisfying customers than trying to please Wall Street or shareholders.

Merely Requesting (Not Requiring) A Favor From Consumers To Seal The Deal


May 02, 2016 - Forbes

Research conducted by Jamie Hyodo, a Smeal marketing Ph.D. student, and a co-researcher from Georgetown proposed a different way by which salespeople can influence a buyer to “pull the trigger” during negotiations. The strategy is called the favor request. Once one side has presented its final offer, it also requests a favorable review or recommendation to others the buyer knows. 

2016’s Best & Worst Small Cities to Start a Business


Apr 18, 2016 - WalletHub

Shawn Clark, clinical professor of innovation and entrepreneurship and interim director of the Farrell Center for Corporate Innovation and Entrepreneurship, participated in a question-and-answer about the pros and cons of starting a business in a small city.

Ask an Ethicist: Profiting from a cure


Apr 11, 2016 - Penn State News

Dan Cahoy, professor of business law and a dean’s faculty fellow, wrote an Ask the Ethicist column exploring the various arguments about whether it is ethical to charge an access-limiting fee for medical knowledge.

Focus on research: What do everyday people need to know about foreign assets?


Apr 09, 2016 - Centre Daily Times

Ed Jenkins, instructor in accounting, wrote a column talking about foreign asset and account reporting. The Panama Papers have thrust offshore accounts into the spotlight. U.S. citizens with foreign assets have annual filing requirements.

For Undocumented Immigrants, Simply Existing Has Become a Crime


Apr 08, 2016 - Huffington Post

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and Director of the Center for Global Business Studies, wrote a column that said despite statistics that say otherwise, a popular opinion is that immigrants commit more crimes than American citizens. The immigrant-as-criminal narrative has been proven wrong.

Immigration is a Win-Win Economic Strategy


Apr 08, 2016 - Huffington Post

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and Director of the Center for Global Business Studies, wrote a column about immigrants' impact on the U.S. economy. He said, in short: "Encouraging a complementary rather than competitive relationship between foreign- and native-born workers goes a long way toward bolstering both groups’ economic status; in short, immigration is a win-win economic strategy."

Odds Grow That Iger Will Stay Longer at Disney


Apr 05, 2016 - The Wall Street Journal

Don Hambrick, Evan Pugh University Professor and Smeal Chaired Professor of Management, commented in a story about Disney COO Thomas Staggs, the heir apparent to CEO Robert Iger, announcing he intends to step down: “Usually when an heir apparent gets the nod, it’s taken not as an airtight contract but pretty much a done deal.” 

State College consultant makes sense of taxation


Apr 03, 2016 - Centre County Times

Ed Jenkins, instructor in accounting, participated in a question-and-answer article, answering questions about teaching accounting and about his duties as a tax consultant.

Welcome to America: Why Immigration Matters for Business


Apr 01, 2016 - Risk Management

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and Director of the Center for Global Business Studies, said that current immigration statutes such as the H1B limits are putting the U.S. tech industry at a disadvantage.

Focus on research: Golf performance is tied to placebo power of brands


Mar 31, 2016 - Centre Daily Times

Lisa Bolton, professor of marketing and Frank and Mary Jean Smeal Research Fellow, wrote about research she and two colleagues conducted that revealed people who use a recognized brand perform better than when using an off brand — a performance brand placebo effect.

Commentary: Look for gas prices to increase soon


Mar 22, 2016 - Philly.com

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and Director of the Center for Global Business Studies, wrote a commentary in which he explained the market forces that will drive the price of gas higher by 2017.

Someone at Valeant pushed the wrong button. But who?


Mar 21, 2016 - The Globe and Mail

Edward Ketz, associate professor of accounting, was quoted in a story about the continuing financial woes of Valeant Pharmaceuticals International.

2016’s Best & Worst Cities for Easter Celebrations


Mar 21, 2016 - WalletHub

Lisa Bolton, professor of marketing, participated in a question-and-answer exchange about personal finance practices related to the Easter holiday.

2016’s Best & Worst Cities for Easter Celebrations


Mar 21, 2016 - WalletHub

Fred Hurvitz, Kohl's Professor of Practice in Retail, participated in a question-and-answer exchange about personal finance practices related to the Easter holiday.

Valeant struggling to stay ahead of creditors given ongoing filing delay


Mar 16, 2016 - MarketWatch

In a story about financially troubled Valeant Pharmaceuticals International, Edward Ketz, associate professor of accounting, said the company has two choices for generating enough cash to pay its outstanding debt: "The firm can issue more debt or sell valuable assets. Issuing additional debt will be very expensive. Selling valuable assets will take time and it will hurt future revenue prospects.”

Focus on research: March Madness is the avid sports fan’s (and sports marketer’s) dream


Mar 13, 2016 - Centre Daily Times

Wayne DeSarbo, Smeal Chair Distinguished Professor of Marketing and executive director of The Center for Sports Business & Research, wrote a Focus on Research column about fan avidity, especially as it relates to the NCAA men's division I basketball tournament.

2016’s Property Taxes by State


Mar 09, 2016 - WalletHub

Kenneth Lusht, professor emeritus of business administration, participated in a question-and-answer about local taxes, specifically property taxes.

Obama's Nuclear Deal Sparks Iranian Mini-Revolution


Mar 07, 2016 - Huffington Post

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and Director of the Center for Global Business Studies, wrote that "Though scrutinized on the homefront, Obama's relentless focus on Iran is liberating a democracy-ready nation and repairing a contentious relationship that has troubled the two nations since 1979."

Project44's co-founders think their startup will be a unicorn. Really.


Mar 03, 2016 - Crain's Chicago Business

Steve Tracey, instructor in supply chain management and executive director of the Center for Supply Chain Research, commented on the key to success for startup company Project44, which aims to make the logistics of ground shipping more efficient. “The value (in predictive analytics) comes from being able to take underutilization out of the system.”

Forbes 30 under 30 Asia - Finance & Venture Capital


Feb 26, 2016 - Forbes

James Riney, a 2011 marketing grad who also majored in Japanese, is the head of 500 Startups Japan. He was recognized as a 'fast mover,' even among this group of highly accomplished under-30s.

Smeal College of Business Team Wins Supply Chain Management Award


Feb 22, 2016 - MetroMBA

A team from the Penn State Smeal College of Business won the 2016 Global Supply Chain Management Initiative Inter-College Case Competition which took place at Purdue University’s Krannert School of Management.

How an Expensive Suit Can Make You Better at Your Job


Feb 18, 2016 - Bloomberg Business, Daily Mail, Today

Research conducted by Lisa Bolton, professor of marketing, is cited that revealed that using brand-name gear can provide a noticeable placebo effect that could boost performance. 

Oil producers agree to limit production — not really


Feb 16, 2016 - Marketplace

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and Director of the Center for Global Business Studies, said that four oil-producing nations agreeing to hold oil production levels to January levels, if other countries would, "is not a big feat."

Top Business Majors Name Their Favorite Professors


Feb 15, 2016 - Poets & Quants

Katie Mailey and Malik Elarbi, both Smeal undergrads, were quoted. Here partial quotes from each:
Mailey: "My favorite professor is Dr. Edward Babcock. He has been my MAcc advisor for the past couple of years, and has played an influential role in my college experience."
Elarbi: "Fortunately Smeal has blessed me with a great set of professors that it is impossible to pick just one. On draft day though, some notable first round picks would be Brian Davis (Finance), Dave Winterich (Marketing), Ron Johnson (Management), and Brent Moritz (Supply Chain)."

2016’s Best & Worst Cities to Be a Real Estate Agent


Feb 15, 2016 - WalletHub

Liang Peng, associate professor of risk management, is featured in a question-and-answer segment that focuses on advice and insight on the current and future conditions shaping the trade.

2016’s Best & Worst Cities to Be a Real Estate Agent


Feb 15, 2016 - WalletHub

Jiro Yoshida, assistant professor of real estate and a fellow at the Institute for Real Estate Studies, is featured in a question-and-answer segment that focuses on advice and insight on the current and future conditions shaping the trade.

Finance Class Develops Business Plan For Penn Stater’s New York City Coding Startup


Feb 12, 2016 - Onward State

The story details how Penn State alumnus Eli Kariv is collaborating with Greg Pierce, senior lecturer in finance, and his Finance 301H class to implement a strategic business plan the class will research and create this semester. The business plan is for Kariv's business, The Coding Space, which is an after-school program where students develop critical thinking, problem solving, and learning skills by learning to code.

Where in the World Will Your Customers Be?


Feb 08, 2016 - Inside Supply Management magazine

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and Director of the Center for Global Business Studies, wrote a story in which he discussed how identifying the customer of the future could hinge on understanding the dramatic changes occurring in demographic trends, from aging populations to shifting growth patterns.

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Andy Elder
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mediarelations@smeal.psu.edu