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Is comScore’s Revenue Growth as Good as It Seems?

Aug 31, 2015 - The Wall Street Journal

J. Edward Ketz, associate professor of accounting, said investors have reason to be wary of nonmonetary revenue, in reference to the fact that the majority of comScore’s second-quarter revenue growth came from “nonmonetary” transactions with no cash attached. Standard setters didn’t go far enough in modifying accounting rules after Internet companies swapping fiber optic capacity ran into trouble with their accounting early in the last decade, he argued.

Ammunition for Shaking Up a Board

Aug 14, 2015 - The Wall Street Journal

Peter Iliev, associate professor of finance, was part of a team of researchers at the Securities and Exchange Commission that studied the phenomenon of the consideration of having shareholders nominate their own directors helping a company’s overall return by half a percentage point. The process of targeting individual companies “is working, but it is not working perfectly,” Iliev said. ” I believe a universal approach would be better.”

A Devil’s Advocate View Of MBA Rankings

Aug 12, 2015 - Poets & Quants

As part of the Academy of Management conference in Vancouver, Denny Gioia, Robert & Judith Auritt Klein Professor of Management and chair of the Department of Management and Organization, took part in a panel discussion titled “Business School Program Rankings: Is It Time to Click the Refresh Button?” Gioia participated remotely and delivered a highly thoughtful and unusual defense of rankings, bringing attention to the core benefits they’ve brought to business schools over the past quarter of a century. P&Q asked and received permission to reprint Gioia's remarks.

Weaker Yuan to Change China’s Supply Chain Math

Aug 11, 2015 - The Wall Street Journal

Steve Tracey, executive director of Smeal's Center for Supply Chain Research, said that China's decision to devalue the yuan shouldn't have an effect on retailers ahead of a busier fall sales season. Instead, China's rising labor costs remain the biggest concern for foreign buyers.

Exports from the Valley are at an all-time high

Aug 08, 2015 - The (Allentown) Morning Call

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and director of the Center for Global Business Studies, said that the Internet, along with a decline in natural gas prices, generally has made it easier for smaller companies to do worldwide business. Ghadar was quoted in a story about the rise in exports in Pennsylvania's Lehigh Valley.

Penn State, Carnegie Mellon join White House summit on gender equality

Aug 06, 2015 - Pittsburgh Post-Gazette

Carrie Marcinkevage, managing director of Smeal's MBA Program, was one of the representatives from more than 40 colleges and universities who sat down at the White House on Wednesday to discuss gender inclusion in the workforce “as not just a nice-to-have or a particular effort, but inclusion being about getting the best minds around the table and providing a competitive advantage.”

Dean's Q&A: Charles Whiteman of Penn State's Smeal College of Business

Jul 30, 2015 - Poets and Quants for Undergrads

Charles H. Whiteman, John and Becky Surma Dean, talks about a wide range of topics and initiatives in an in-depth question-and-answer article.

The GOP can't let The Donald's 2016 ambitions trump its own: Fariborz Ghadar

Jul 29, 2015 - PennLive

In an op-ed, Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and director of the Center for Global Business Studies, made the case that the longer Donald Trump is afforded any legitimacy, the less chance there is for a viable Republican candidate for president to emerge.

Supply Chain Talent Squeeze: How Business & Universities are Collaborating to Fill the Gap

Jul 28, 2015 - Supply Chain Management Review

Douglas Thomas, professor of supply chain management, co-authored an article that details what business and academic leaders are doing to attract and develop potential supply chain leaders to counteract a predicted six-to-one demand-to-supply ratio for supply chain talent in the coming years.

Remuneration under microscope again

Jul 16, 2015 - World Finance

The issue of executive pay has brought the ire of both workers and shareholders. Yet recent reforms have gone some way towards repairing the damage. Don Hambrick, Evan Pugh Professor and Smeal Chaired Professor of Management, said “rising executive pay plays a part — but only a minor part in America’s growing income inequality.” He commented on other facets of executive pay, as well.

Groupon acquires Baltimore food delivery startup OrderUp

Jul 16, 2015 - The Baltimore Sun

Groupon acquired Baltimore food delivery startup OrderUp for an undisclosed amount of money, it was reported on July 16. OrderUp CEO Chris Jeffery and Jason Kwicien, now OrderUp's vice president of delivery options, founded the company in 2009 as a twist on a website they built in 2003 as students at Penn State's Smeal College of Business.

Promise, risk await post-sanction Iran

Jul 14, 2015 - Marketplace

Fariborz Ghadar, William A. Schreyer Professor of Global Management, Policies and Planning and director of the Center for Global Business Studies, was quoted in a story about the potential of Iran's economy after sanctions are lifted. As sanctions are relieved and Iran’s dismal exchange rate improves, buying power will also increase, he said.

Can You Tap Your Customers' Inner Zombie?

Jul 06, 2015 - CMS WiRE

Karen Winterich, Frank and Mary Smeal Research Fellow and associate professor of marketing, talked about how non-conscious factors affect consumers' decisions and because consumer decisions are affected by so many factors, most marketers don't fully understand how customers will behave.

Research shows impact of student debt on small business creation

Jul 06, 2015 - Phys.org and other outlets

Small business creation—a critical economic engine—is significantly hampered in areas of the country where residents carry more substantial student loan debt, according to research co-authored by Brent W. Ambrose of the Penn State Smeal College of Business.
The research has also been cited in the Wall Street Journal, CNBC.com and the Milwaukee Journal-Sentinel. 

Wal-Mart stocks up on interns at Penn State

Jun 28, 2015 - Centre Daily Times

Five Penn State interns — three in replenishment, one in logistics and one in Sam’s Club merchandising — are spending their summer at Wal-Mart's Bentonville, Arkansas, operations center. That is in addition to two recent hires and a “fairly large contingent of recent graduates” said Lauren Adams, manager of Wal-Mart’s campus relations team.

Penn State Launches Online Boot Camp to Address Supply Chain Skill Needs

May 24, 2015 - Supply Chain Matters

Bob Ferrari, vice president and managing director of The Ferrari Consulting and Research Group LLC, a specialized consulting and industry analyst advisory services firm with a focus on helping businesses in optimizing global supply chain business and technology processes, wrote in his blog about Penn State's new online boot camp for supply chain.

'Fitness' foods may cause consumers to eat more, exercise less

Jun 23, 2015 - ScienceDaily

Weight-conscious consumers are often drawn to foods such as Clif Bars and Wheaties, whose packaging suggests that they promote fitness. But according to a new study co-authored by Hans Baumgartner, Smeal Professor of Marketing and chair of the Department of Marketing, such "fitness branding" encourages consumers to eat more of those foods and to exercise less, potentially undermining their efforts to lose or control their weight.

Closing the Talent Gap: Penn State University Creates Supply Chain Boot Camp

Jun 15, 2015 - Inventory & Supply Chain Optimization blog

Together with corporate learning pioneer CorpU, Penn State Smeal created a 100 percent online learning platform aimed at helping future supply chain leaders develop a holistic approach to supply chain management, the Supply Chain Leadership Academy. Steve Tracey, executive director of the Center for Supply Chain Research, Maria Taylor, managing director of Penn State Executive Programs, and Jeff Spearly, senior director of learning & development of Penn State Executive Programs, were quoted.

Mark Rubin Wins 4th Decathlon Title as Wall Street’s Top Athlete

Jun 15, 2015 - Bloomberg

Finance graduate Mark Rubin, a 29-year-old futures and options sales trader, won his fourth straight Decathlon title on Sunday with a record-setting point total. Rubin, who starts a new job with ICAP next week, finished with a Decathlon-record 7,683 points. Rubin was also a starting safety on the Penn State football team.

2015 MBA to Watch: Tatiana S. Kuzmenko

Jun 10, 2015 - Poets and Quants

Smeal College of Business MBA student Tatiana S. Kuzmenko has been named a 2015 MBA to Watch by Poets & Quants. After she graduates, the 29-year-old from Russia is heading to California to work for Apple.

Northeast Ohio supply chain industry seeing strong demand

Jun 08, 2015 - Crain's Cleveland Business

The story cites research conducted by Smeal's Center for Supply Chain Research:

"Nationally, the pool of qualified supply chain professionals isn't keeping up with demand. Researchers from Penn State University's Center for Supply Chain Research, for instance, said in a recent report that a 'perfect storm could be in the offing' when it comes to (the) talent pipeline."

Penn State to offer supply chain certificate bootcamp

Jun 05, 2015 - Education DIVE

The story details a partnership between the Smeal College of Business and CorpU, saying it would launch the Supply Chain Leadership Academy to try to close the skills gap in talent for supply chain professionals.

Customer-Centric Org Charts Aren’t Right for Every Company

Jun 03, 2015 - Harvard Business Review

Hari Sridhar, associate professor of marketing and director of the customer analytics program in the Institute for the Study of Business Markets, co-wrote with two others an article that talks about how customer-centric organizational charts work well for a growing number of companies, but evidence suggests it has produced poor results for others.

House digs into Senate GOP bill to overhaul public pensions

Jun 02, 2015 - The Associated Press

James Miles, professor of finance and Joseph F. Bradley Fellow of Finance, testified before a (Pennsylvania) House State Government Committee hearing about fees that hedge fund managers receive compared to fees from funds that are passively managed, and the investment performance of each type of fund.

Researchers Link Feelings Of Disgust And Ethical Behavior

Jun 01, 2015 - NPR

Research conducted by Karen Winterich, Frank and Mary Smeal Research Fellow and Associate Professor of Marketing, and two co-researchers, revealed that when people feel disgusted it affects the ethical choices they might make afterward. 

What CEOs are really worth

May 28, 2015 - USA Today

Research conducted by Don Hambrick, Evan Pugh Professor and Smeal Chaired Professor of Management, is used to illustrate the growing effect CEOs have on their companies' bottom-line profit, their so-called "CEO effect."

Want to Be an Entrepreneur? Beware of Student Debt

May 26, 2015 - The Wall Street Journal

The story cites a study co-written by Brent Ambrose, Smeal professor of risk management and director of the Institute for Real Estate Studies. The study reveals that the higher the student-loan debt in an area, the lower the net creation of very small businesses, those with one to five employees.

Why it pays to be a jerk

May 20, 2015 - The Atlantic

Don Hambrick, Evan Pugh Professor and Smeal Chaired Professor of Management, talked about how the findings of a 2007 study he conducted about narcissism in CEOs applied to more recent published works about whether it pays to be a jerk in the workplace. The answer is, sometimes it does, other times it doesn't.

F.N.B. collaborating with Penn State students on branch design

May 14, 2015 - Pittsburgh Business Times

F.N.B. Corporation collaborated with students in the Penn State Smeal College of Business to develop plans for an innovative new banking center in State College. The concepts generated from this collaboration with students will also influence future branch design and delivery channel strategies for F.N.B.’s retail arm, First National Bank. F.N.B. President and CEO Vincent Delie Jr., is a Penn State alum.

If We Don't Reform, Can We Still Be Called the Land of Opportunity?

Apr 28, 2015 - 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 for the Huffington Post that said not only are immigrants filling in the existing gaps in our work force, but at the top level they are also creating more opportunities than Americans, and for Americans to fill.

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