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Two Smeal Grads Named Alumni Fellows


Two Smeal College of Business alumni were honored on Oct. 13 for their outstanding professional accomplishments and given the lifelong title of Alumni Fellow, the highest award given by the Penn State Alumni Association. Smeal's 2010 Alumni Fellows are Karen L. Quintos '85, senior vice president and chief marketing officer of Dell Inc., and Walter C. Rakowich '79, chief executive officer of ProLogis.

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Tis the Season to Shop … Hopefully

October 15, 2010


The recession tightened consumers’ purse strings and they are still feeling the effects. However, retailers maintain their hope for a busy holiday shopping season. In order to fare well during the holiday season, Smeal’s Lisa Bolton says retailers should keep in mind the consumer’s overall shopping experience and try to take some emphasis off price, even though it may be a challenge.

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Smeal's Harrison Elected INFORMS President-Elect

October 14, 2010


Terry Harrison, professor of supply chain and information systems at the Penn State Smeal College of Business, has been elected 2011 president-elect of the Institute for Operations Research and the Management Sciences (INFORMS), the world's largest society for professionals in the field of operations research, management science and business analytics.

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Penn State Executive Programs Wins Top Award for Auntie Anne's Partnership

October 13, 2010


Chief Learning Officer magazine, the leading publication in the workforce learning and development industry, has awarded Penn State Executive Programs with its highest provider partnership award for Penn State's executive education partnership with Auntie Anne's, Inc.

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Smeal Welcomes Nine New Faculty Members

October 8, 2010


Nine new faculty members joined the Penn State Smeal College of business this academic year.

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Smeal to Host Global Entrepreneurship Conference

October 8, 2010


Entrepreneurship scholars from universities around the world will converge on Penn State's University Park campus this month for the 2010 Global Consortium of Entrepreneurship Centers (GCEC) annual conference, the largest international gathering for university entrepreneurship.

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Smeal EMBA 26th Worldwide in Wall Street Journal Ranking

October 1, 2010


The Wall Street Journal released its annual ranking of the world's top executive MBA programs, and the Penn State Smeal College of Business is ranked No. 26.

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Smeal Joins National Hispanic MBA Scholarship Effort

September 27, 2010


The Penn State Smeal College of Business MBA Program has joined the National Society of Hispanic MBAs' University Partnership Program, a national higher education effort aimed at expanding scholarship opportunities for Hispanic MBA students.

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Michael Oxley Talk Canceled

September 23, 2010


Former U.S. Rep. Michael Oxley's guest speaker appearance at the Smeal College of Business, scheduled for Sept. 24, has been canceled and will be rescheduled for a later date.

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Smeal, American Express Host Summit on Business Ethics

September 22, 2010


Eleven deans from leading business schools will meet with corporate leaders at a symposium hosted by American Express and the Penn State Smeal College of Business tomorrow in New York to forge a new partnership in promoting business ethics in academia and corporate America.

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Two Smeal MBA Students Find $13.3 Million in Energy Savings During Summer Fellowships

September 15, 2010


Ryan Mallett and Rama Murugan, second-year MBA students at the Penn State Smeal College of Business, spent their summers as Environmental Defense Fund Climate Corps fellows and identified more than $13.3 million in energy savings for their host companies.

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Penn State No. 1 Among Recruiters, Wall Street Journal Finds

September 14, 2010


Penn State is the No. 1 school in the country among recruiters from leading companies, nonprofits and government agencies, according to a survey by The Wall Street Journal. The newspaper surveyed 479 recruiters and asked them to identify the schools "whose bachelor degree graduates were the best-trained and educated, and best able to succeed once hired."

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United Arab Emirates Explores Further Projects with Penn State Executive Programs

September 9, 2010


Officials from the United Arab Emirates recently visited Penn State's University Park campus to explore ways in which Penn State Executive Programs can assist in meeting the country's workforce development needs.

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Reception Kicks Off Smeal Program to Exhibit Art, Celebrate Diversity

September 8, 2010


The Penn State Smeal College of Business is celebrating the opening of a new exhibit showcasing student and faculty artwork with a reception Sept. 9 in the Business Building Atrium. The kickoff event marks the opening of the college's Art in the Atrium project. It starts at 3 p.m. and is free and open to the public.

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Smeal Dean James B. Thomas to Step Down, Return to Faculty

September 8, 2010


Citing a desire to return to teaching and research after 11 years as the leader of two colleges at Penn State, James B. Thomas will resign from his position as the John and Becky Surma Dean of the Smeal College of Business effective upon the naming of a replacement. Thomas, who has served as Smeal dean since 2006, will return to the college faculty as a professor.

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Smeal Ranks No. 7 in Real Estate Research, Study Finds

August 24, 2010


The real estate department at the Penn State Smeal College of Business is ranked seventh in the world in research productivity and a Smeal faculty member ranks sixth, according to an academic study forthcoming in The Journal of Real Estate Finance and Economics.

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Deloitte Selects Smeal as Target School for MBA Supply Chain Recruiting

August 23, 2010


Deloitte has selected the Penn State Smeal College of Business MBA Program as one of four programs nationwide where it is launching a targeted recruiting effort focused on supply chain management professionals. As part of this new initiative, Deloitte Consulting's Supply Chain practice will begin its ramped-up recruitment efforts at Smeal this fall.

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College Guide Highlights Smeal MBA Program's Social, Environmental Components

August 23, 2010


A new guide to MBA programs focusing on the social responsibility and sustainability aspects of the graduate programs features a profile of the Smeal College of Business MBA Program and its efforts in these areas.

College Guide Highlights Smeal MBA Program's Social, Environmental Components - Read More…

Extend or Expire?

October 6, 2010


Smeal’s Charles Enis, tax expert and associate professor of accounting, discusses the fate of the Bush-era tax cuts. Enis suggests Congress should strive to increase the transparency of the tax codes, fix the alternative minimum tax, and phase out itemized deductions and exemption allowances.

Extend or Expire? - Read More…

Better Quality of Earnings: Public or Private Equity Firms?

October 6, 2010


Management incentives and demand by investors for earnings quality are important factors that shape the financial reporting of public equity firms. Dan Givoly and coauthors compare the quality of accounting numbers produced by two types of public firms—those with publicly traded equity and those with privately held equity that are considered public because of their publicly traded debt.

Better Quality of Earnings: Public or Private Equity Firms? - Read More…

Tied to the Land

September 22, 2010


Terry Harrison has a passion for the good stewardship of natural resources, which stems from his love of the outdoors and an early job as a logger and forester. He shares how this passion shines through in his teaching, research, course projects, and daily life.

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Former Congressman Michael Oxley to Open Smeal Executive Insights Speaker Series

September 2, 2010


Former U.S. Representative Michael Oxley, coauthor of the Sarbanes-Oxley Act of 2002, is scheduled to speak at the Penn State Smeal College of Business on Sept. 24 as the first guest in this year's Leadership in Focus: Executive Insights speaker series.

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Gaining a Competitive Advantage Within Your Market

September 2, 2010


Recent research from Wenpin Tsai, professor of business administration at Smeal, suggests ways for firms to gain market share and undermine their competitors. The most important point is for firms to put themselves in the shoes of their competitors and their competitors’ competitors. Firms who are well versed on their competitors’ strengths and weaknesses have a better chance of gaining market share and attacking their rivals without being counterattacked.

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The Impact of RFID on Supply Chains

August 27, 2010


Companies are experimenting with radio frequency identification, or RFID, to increase the efficiency and productivity of their supply chains. By using these RFID tags, retail stores, manufacturing companies, and warehouses are capable of providing better customer service, quickly replenishing inventory, lowering labor costs, and managing quality control.

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Going Steady: Inter-Firm Relationships

August 26, 2010


In a business-to-business environment, some buyers and suppliers have long histories together, in which they become familiar with one another’s behavior. If one party deviates from the normal behavior, this could create uncertainty for the other and damage the relationship. Qiong Wang discusses ways top managers can prevent this from happening.

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Video: The Role of Cognitive Appraisals in Emotional Blunting

August 3, 2010


Smeal's Karen Winterich looks at how one emotion impacts another emotion and how this influences decision making. Discussing concepts like cognitive appraisals and emotional blunting provide answers to why people feel the way they do in certain situations. She explains how these processes are applicable in everyday life.

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Room For Error

July 29, 2010


Both mandatory and voluntary disclosures require managers to project or estimate future earnings and accruals. Given environmental uncertainty, these business assessments unavoidably involve some errors. Allowing greater flexibility in the disclosure process may increase the likelihood of these errors being conveyed to the capital market. Smeal’s Guojin Gong discusses how environmental uncertainty and disclosure flexibility affect the quality of information conveyed through mandatory and voluntary disclosures.

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A Case of the Fridays

July 21, 2010


Announcing a merger on a Friday may not be the best idea if you want people to pay attention. Recent research by two Penn State accounting professors suggests that investor inattention results in lower trading reactions to Friday merger announcements. They advise investors to be aware of the timing of merger announcements and pay more attention to transactions announced on Friday.

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Smeal's Ketz Coauthors Amicus Brief in California Pension Case

July 20, 2010


J. Edward Ketz, associate professor of accounting at the Penn State Smeal College of Business, has co-written a brief of amicus curiae submitted to the California 2nd District Court of Appeal in the case of County of Orange v. Association of Orange County Deputy Sheriffs, et al.

Smeal's Ketz Coauthors Amicus Brief in California Pension Case - Read More…

INFORMS Renames Practice Prize to Honor Smeal's Lilien

July 19, 2010


The INFORMS Society on Marketing Science (ISMS) has renamed its MSI-ISMS Practice Prize in honor of Gary Lilien, Distinguished Research Professor of Management Science at the Penn State Smeal College of Business.

INFORMS Renames Practice Prize to Honor Smeal's Lilien - Read More…

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