Smith School In the News - 2006
The Smith School's world-class faculty are routinely quoted in leading
business and other media, while Smith's innovative programs and research
projects also receive attention. Below are some highlights.
Wall Street Journal Dec. 8, 2006 Business professor Peter Morici
is quoted in an article about Labor Department job figures.
Read more. (subscription required)
Network World Dec. 7, 2006 A Web site for network IT executives reviews
accounting professors Larry Gordon and Martin Loeb's
cybersecurity book and plans to discuss some of the fundamental issues
covered in the book in future columns.
Fox 5 News Dec. 5, 2006 Smith alum Donald DeLash, vice president
of sales for Accu-Sort and a visiting LTSCM Executive for a Smith class, is
interviewed in Van Munching Hall about RFID technology and its vulnerability
Watch the video clip.
Future Tense Dec. 5, 2006 Professor and Robert H. Smith Dean's Chair of
Information Systems Ritu Agarwal is interviewed for a national radio
program about a Smith School study that finds smokers can get help quitting
by joining an online community.
Read more and listen online.
The Press-Entreprise Dec. 4, 2006 Ralph J. Tyser Professor of Strategy
& Organization Anil Gupta writes an opinion article about
entrepreneurship in China.
The New York Times Dec. 3, 2006 Business professor Peter Morici
is quoted in an article about U.S. produce farmers facing competition from
Dec. 4, 2006 Research on the dot-com era from entrepreneurship professors
David Kirsch and Brent Goldfarb is the subject of an article.
Kirsch and Goldfarb are quoted.
Business Gazette Nov. 29, 2006 Marketing professors Jie Zhang
Rosellina Ferraro are quoted in an article about holiday shopping.
Washington Times Nov. 27, 2006 P.K. Kannan, Harvey Sanders
Associate Professor of marketing and director of the Center for Excellence
in Service, is quoted in a story about the online holiday retail outlook
that forecasts D.C. will be tied with Boston for highest percentage of
online shoppers at 88 percent. He said its not surprising that people in the
Washington area would rather shop online than brave traffic.
The (Baltimore) Sun Nov. 25, 2006 Marketing professor P.K. Kannan
is quoted in a story about Black Friday holiday shopping.
The (Baltimore) Sun Nov. 24, 2006 Marketing professor Amna Kirmani
is quoted in a story about stores using Christmas, rather than more general
holiday terms, to market to shoppers.
China Economic Review Nov. 21, 2006 An announcement of the Smith
Schools China launch of the Smith
Business Intelligence Web site in Chinese is included in the China
Economic Reviews MBA News and Updates.
CNET News.com Nov. 20, 2006 A story about holiday spam mentions the 2004
Readiness Survey results, published by the Smith School's Center for
Excellence in Service.
Washington Examiner Nov. 17, 2006 MBA student Berber Rischen, a
key player on the University of Maryland's National Champion women's field
hockey team, is the subject of a sports profile.
Wall Street Journal
Nov. 16, 2006 Business professor Peter Morici contributes a quote to
the regular Economics React column, commenting on a decrease in U.S.
consumer prices. Now the outlook is for core inflation to fall within Ben
Bernanke's target range of one to two percent, said Morici. The Federal
Reserve should not change interest rate policy before its March meeting, and
economic growth should recover to between 2.5 and 3 percent by the first
half of next year. Holiday shopping should give retailers a boost, and along
with more robust commercial construction and business investment, sustain
the economic expansion. All of this is great news for the stock market.
Investors Business Daily Nov. 15, 2006 A report on October retail sales
and wholesale price data includes a quote from business professor Peter
BusinessWeek Online Nov. 15, 2006 A story on the Dow closing high
includes a quote from business professor Peter Morici.
CNN: Lou Dobbs Tonight Nov. 14, 2006 A story on the big three U.S.
automakers includes an interview from business professor Peter Morici.
Read a transcript.
The (Baltimore) Sun Nov. 12, 2006 A long feature on DeWalt, a brand of
Black & Decker, looks at brand loyalty and the companys marketing strategy
with a quote from marketing professor P.K. Kannan.
Detroit Free Press Nov. 12, 2006 A story previewing the big three U.S.
automakers meeting with President Bush includes a quote from business
professor Peter Morici.
Nov. 9, 2006 A story about the increased demand for the $2 bill
includes a quote from business professor Peter Morici.
Wall Street Journal Nov. 8, 2006 New research by management and
organization assistant professors David Kirsch and Brent Goldfarb
sheds light on the dot-com era and is the subject of the Portals column in
the Marketplace section.
Wall Street Journal Nov. 8, 2006 Business professor Peter Morici
writes a letter to the editor in response to a series of articles on U.S.
Associated Press Nov. 7, 2006 Election coverage includes a story about
a push for trade policy changes by Democrats, which includes comments from
business professor Peter Morici. Appeared in various outlets,
including USA Today.
Associated Press Nov. 7, 2006 Business professor Peter Morici is
quoted in a story about GMs ventures in China.
The Washington Post Nov. 6, 2006 Dingman portfolio company GoozEx,
a video game exchange Web company run by Smith graduates, was profiled in a
story in the business section.
Federal Computer Week Nov. 6, 2006 Review of cybersecurity book by
Lawrence Gordon, Ernst & Young Alumni Professor of Managerial
Accounting, and Martin Loeb, accounting and information assurance
professor and Deloitte & Touche LLP Faculty Fellow. Includes quotes from
American Lawyer Nov. 1, 2006 A short profile details assistant professor
David Kirsch's push to preserve the digital records from dot-com
companies represented by bankrupt law firm Brobeck, Phleger & Harrison for
his Business Plan Archive.
The (Baltimore) Sun Oct. 31, 2006 Fast-food chain Kentucky Fried
Chicken announced plans to cut out unhealthy trans fats, following some
other chains. Assistant marketing professor Jie Zhang is quoted,
saying soon all major restaurants will likely address the issue soon.
The New York Times Oct. 29, 2006 A Q&A about starting a business while
keeping your current job asks Is it ethical to plan and operate an
independent business on your employers time? Asher Epstein, managing
director of the Dingman Center for Entrepreneurship said it was acceptable
to work on side projects during lunch hour, if youre not using company
resources to do so.
Financial Times Oct. 23, 2006 The Smith Schools custom MBA program for
SAIC is highlighted in a story about the trend of such programs. Alison
Buckley is quoted and SAICs manager of learning programs and
partnerships talks about the program.
BusinessWeek Online Oct. 30, 2006 A story about weak third-quarter GDP
numbers points to a housing slump and potential real estate recession.
Business professor Peter Morici is quoted.
Christian Science Monitor Oct. 30, 2006 Car buyers could see some good
deals as the auto industry looks to unload inventory. It could impact the
economy. Business professor Peter Morici is quoted.
San Francisco Chronicle Oct. 28, 2006 Peter Morici is quoted in
a story about the U.S. economy and the slumping housing sector.
Journal of Commerce Online
Oct. 27, 2006 The Smith School honored U.S. Department of Transportation
Under Secretary Jeffrey N. Shane and APL Chief Executive Ron Widdows with
the Person of the Year award at an
Industry Day ceremony.
NPR Day to Day Oct. 25, 2006 A story about DaimlerChrysler earnings
includes an interview with business professor Peter Morici, who talks
about U.S. automakers.
Read more and listen online.
Wall Street Journal
Oct. 24, 2006 An article about getting better deals on car purchases points
to a Smith School study. Researchers at the University of Maryland's Robert
H. Smith School of Business in College Park, Md., found consumers who used
the Web to obtain price-related information paid an average of about $404
less than the average buyers of the same vehicles. They also found consumers
who obtain pricing data online visit fewer dealerships and complete their
purchases more quickly.
China Economic Review Oct. 23, 2006 Management and Organization
Gilad Chen gave a public lecture in Shanghai and sat down with China
Economic Review for a brief Q&A on cross-cultural management issues before
Oct. 23, 2006 The Smith School is ranked No. 25 in the United States in
the biennial MBA program rankings issue. The cover story also includes a
sidebar about an uptrend in companies choosing custom MBA programs, which
mentions Smiths Otis Elevator program and includes insight from Judy
Frels, senior director of custom programs. Posted online Oct. 12, 2006.
Science magazine Oct. 20, 2006 David Kirsch, management and
organization professor, reviews the documentary Who Killed the Electric Car?
Kirsch is a historian of emerging industries and wrote a book about the
history of the electric car.
The New York Times Oct. 12, 2006 A story about MBA consulting programs
includes mention of Smiths program and a quote from faculty program
coordinator and marketing professor Bob Krapfel. Also includes an
interview with CEO of Fortius One, a portfolio company that completed a
project with Smith MBAs last year.
The (Baltimore) Sun Oct. 11, 2006 Finance professor Elinda Kiss
is quoted in an article about Legg Masons stock plunging after earnings
projections for the company, which last year swapped business units with
Citigroup, missed their mark. Kiss is a former Citigroup employee.
The (Baltimore) Sun Oct. 10, 2006 A story about PNC Banks acquisition
of Baltimore-based Mercantile Bankshares includes info from an interview
with finance professor Haluk Unal and mentions his research.
The Daily Record Oct. 11, 2006 Coverage of the PNC/Mercantile merger
includes two stories on consecutive days with quotes from Haluk Unal,
Read more and
Oct. 10, 2006.
Oct. 10, 2006 Albert Pete Kyle, finance professor, is interviewed on
Marketplace about investigating private equity funds.
Read more and listen online
Asia Times Oct. 11, 2006 Business professor Peter Morici writes
an opinion article about the economy.
60 Minutes, CBS News Oct. 8, 2006 Smith School alum Carly Fiorina,
former CEO of Hewlett-Packard, is interviewed about her time at the company,
her firing and her new book, Tough Choices, which includes a chapter about
her time at the Smith School.
Wall Street Journal Online Oct. 6, 2006 Business professor Peter
Morici comments on employment data as part of a regular roundup from
Wall Street Journal Online Oct. 5, 2006 A story about the Win in
reality show mentions Smith School scholarships go to the winners.
The Washington Post October 1, 2006 Smith School alum and former
Dingman Scholar Matt Fleischers Hook & Ladder beer company is
profiled in the Washington Post Sunday magazine.
BusinessWeek Online September 28, 2006 Professor Peter Morici is
quoted in a story about the economic effect of the drop in energy prices and
halt in interest-rate hikes.
Knight Ridder/Tribune September 27, 2006 Professor Peter Morici
is quoted in a story about a bill that would levy tariffs against China if
currency manipulation continues.
The New York Times
September 27, 2006 Professor Peter Morici is quoted in a story about
dropping oil prices.
The Washington Post September 26, 2006 Professor Peter Morici is
quoted in a story about the first year-over-year drop in 11 years for
existing home prices in August and the growing supply on the market.
The Orlando Sentinel September 25, 2006 A column sites telecommuting
statistics from the latest
The Washington Post September 25, 2006 A roundup of former HP exec
Carly Fiorina's area appearances and booksignings includes
mention of her November date to speak and sign her memoir for her fellow
Smith School alumni.
China Daily September 25, 2006 A business school cannot go global
without a presence in China, said Asher Epstein, managing director of
Smiths Dingman Center for Entrepreneurship in an article about the business
schools in China, which includes a the Smith School.
The Washington Post September 24, 2006 Janet Richert is quoted with
advice for career-switchers in an article about finding job satisfaction
through a new career.
The Atlanta Journal-Constitution September 23, 2006 Professor Peter
Morici is quoted in a story about the stock market.
The Christian Science Monitor September 20, 2006 Professor Peter
Morici is quoted in an article about rising concerns over the housing
The San Francisco Chronicle September 19, 2006 Professor Peter Morici
is quoted in an article about Treasury Chief Henry Paulson's attempt to
persuade Chinese authorities to raise the value of the yuan.
The Wall Street Journal September 19, 2006 Logistics professor Philip
Evers writes a letter challenging a Notre Dame business ethics professors
comments calling the dramatic increase in hotel rates during football
weekends an act of moral abdication.
September 18, 2006 Ford Motor Co.'s restructuring plan didn't do much to
assuage Wall Streets worries over the ailing automaker. Business professor
Peter Morici said Ford needs to cut costs deeper if it is to offer
the innovations, competitive prices and pizzazz of Japanese foes. As long as
UAW workers enjoy higher wages, retirement in their early 50s, and better
health care benefits than virtually all other Americans, Ford engineers have
to be supermen to match their Japanese rivals in vehicle technology, content
and quality," Morici said. "Ford's offerings provide no evidence of such
super-human abilities. He said that the company needs "radical changes" in
retirement and health benefits that the union might not be willing to
NPR: All Things Considered Weekend Edition September 16, 2006 In a
segment about automaker Ford, business professor Peter Morici said
the auto industry has structural problems, in particular relatively high
labor costs. He notes that Ford has lost a big part of its market share in
the past decade. That process will continue if Ford's labor costs are not
aligned with those of Toyota, Nissan and Honda, as they operate right here
in the United States.
Wall Street Journal Online September 15, 2006
Business professor Peter Morici
is quoted in a roundup of economists reaction to price inflation: Core
consumer-price inflation remains above [Fed Chairman] Ben Bernanke's target
range of 1 to 2 percent. However, core consumer-price inflation in August
reflected the continuing pass-through of prior months' surges in energy
prices to nonenergy products. Those pressures are now reversing.
Financial Times September 14, 2006 In an article about U.S. retail
sales posting an unexpected gain, business professor Peter Morici
says falling gas prices may provide an explanation for the resilient levels
of spending and a clue to the economy's outlook. Over the last month,
gasoline prices have fallen ... significantly below September 2005 levels.
If sustained, lower gas prices will free up enough disposable income to ...
give the economy a needed jolt.
Richmond Times-Dispatch September 14, 2006 An article about
telecommuting points to the latest
National Technology Readiness Surveys figures that only 2 percent of
American workers telecommute full time. Charles Colby of Rockbridge
Associates, the firm that conducted the study for the Smith School, is
quoted from the press release.
Financial Times September 12, 2006 The Smith Schools new part-time
masters degree program in Tunisia, a partnership with the Mediterranean
School of Business is briefed, following a press release. Smiths three other
new masters degree programs are also mentioned.
Hindustan Times September 11, 2006 In an article
about boosting team performance for managers, Gilad Chen, associate
professor of management and organization, encourages relationship building
between individual members. He says the leader must empower the team as a
whole, so as to create a climate where the team feels encourages, but each
member must feel he is supported. This will encourage individuals to
contribute more to the team.
Chicago Sun-Times September 10, 2006 The dip in the
U.S. housing market could have implications for the economy as a whole a
warning that has many experts openly speculating about a possible U.S.
recession next year, brought on by consumers reacting to the shrinking value
of their nest egg. It could throw the economy into recession if consumers go
into a shell," said economist Peter Morici, a business professor. "I
don't see anything out there to compensate.
Christian Science Monitor September 7, 2006 Alan Mulally, Ford Motor
Co.'s new chief executive, previously guided aerospace giant Boeing through
a wrenching downturn as the 9/11 terrorist attacks reduced demand for air
travel. But despite the challenges he faced at Boeing, many of which offer
transferable skills to lead Ford, the auto industry is very different than
aviation because there is so much competition. Boeing is not that much like
General Motors or Ford, said Peter Morici, business professor.
Carmakers produce a complex consumer good that has to be mass-marketed and
has substantial branding issues.
Associated Press September 6, 2006 Hewlett-Packard Co. Chairwoman
Patricia Dunn is under scrutiny from business and ethics experts after she
oversaw an invasive and possibly illegal effort to snoop into the home phone
calls of fellow members of the HP Board of Directors. Dunn oversaw the
ouster of former HP CEO Carly Fiorina, Smith School alum, in February 2005
and the hiring of Mark Hurd as her successor. Now analysts say she may be
the next one to leave. "When you start spying on your own board, you darn
well better have probable cause," said Peter Morici, business
professor. "If the chairman thinks this is the way business ought to be
conducted, maybe it's time for her to take a sabbatical. It's arrogant and
inappropriate." Wide national coverage.
Read more at Forbes.com.
CNN: Lou Dobbs Tonight September 6, 2006 Story about opportunities
within economic classes highlights the barriers to upward mobility for
children of low-income families, concluding the best way to get rich in
America is to be born rich. Peter Morici, business professor, is
quoted, saying If you look at the mechanisms for upward mobility that were
so readily available 50 years ago, 25 years ago, they are becoming further
out of reach.
Wall Street Journal Online September 6, 2006 The
Labor Department reported that nonfarm productivity, or output per hour of
work, grew 1.6 percent during the second quarter, an improvement over the
1.1 percent growth originally reported a month ago but shy of the 4.3
percent growth seen in the first quarter and just half the average output
growth over the past five years. Despite the loss of some forward momentum,
Peter Morici, business professor, noted that productivity was up 2.5
percent year over year. That is a solid performance and indicates the growth
potential of the U.S. economy remains formidable.
September 4, 2006 Investors often seek opportunities after calamitous news
events. But that may be the worst moment to predict the future. And often as
not, investors have some information, but not the full picture, says
Peter Morici, an economist and business professor. Crisis investing is
extremely difficult for the average investor, who doesn't have the ability
to quickly find other information about the consequences of an event. He
cites the Gulf Coast hurricanes as an example: People grossly overestimated
the immediate rebuilding effect of Hurricane Katrina.
The (Baltimore) Sun September 3, 2006 A ban on
liquids and gels on boards airplanes after a terrorist plot to blow up
planes with bombs made from such substances was uncovered left some business
coming up with alternatives. If the ban endures, marketing professor
said more cosmetics could be turned into powder, luggage makers could
produce more plastic-lined pockets for liquids, and more one-time use
products will be sold in vending machines in the airport. Some things won't
be viable in the long term because of cost or appeal," she said. "Not many
people would probably keep using powdered toothpaste if the ban were lifted.
But it would always be nice to have luggage with better pockets.
Shanghai Daily August 28, 2006 Logistics professor Sandy Boyson,
director of the Supply Chain Management Center, writes an opinion article
about supply chains adapting to manage the globalization process. The piece
is adapted from a speech Boyson gave in China.
Washington Post August 25, 2006 Part of a Finishing School multimedia
package for business executives, the Washington Post highlights
interview tips and cautions with an online video, produced by Smiths Office
of Career Management and starring Lindsay Terry and Moneca Surida.
Wall Street Journal August 24, 2006 Telecommuting, though it sounds
attractive for many, does not always turn out to be the best option for
workers. National Technology Readiness Survey data illustrates that even
when given the option, many workers choose not to telecommute. Appeared in
various outlets, including the Pittsburgh Post-Gazette and the
Washington Post August 24, 2006 Existing homes sales fell more than
expected last month and unsold homes reached record levels. Business
Peter Morici said reported numbers were lower than expected and he and
others had made predictions based on contracts signed. But some people
managed to back out of contracts. People are very hesitant right now, Morici
BusinessWeek Online August 24, 2006 With homes sales dropping and the
economy slowing, the Federal Reserve may be reluctant to raise interest
rates again. The temptation to raise interest rates could result in a
terrible bout with stagflation or a recession, said business professor
Associated Press August 24, 2006 New homes sales dropped 4.3 percent in
July. This is prompting builders to offer extra incentives to entice buyers,
said business professor Peter Morici. Overall, values are falling and
builders profits are threatened, he said.
CFO Magazine August 24, 2006 Companies implicated in price-fixing
schemes may have to pay fines twice or more, in Europe, the U.S. and other
countries. Its a new world, said Associate Professor Joshua Newberg.
More countries are getting into the act of competition enforcement.
USA Today August 23, 2006 The economy is slowing, but some question how
much. One big variable is housing, according to Peter Morici,
business professor. After adding to growth in the past several years, the
sector has become a drag, with the drop in home construction shaving as much
as one percentage point off gross domestic product. The impact could be far
greater if the market falls faster, he said.
BusinessWeek Online August 23, 2006 What you wear to a job interview
can have a big impact these tips offer some fashion dos and don'ts,
including a quote from David Wilmes, manager of undergraduate student
programming. Students think they can wear scuffed-up shoes. Or in an
informal setting, men think they can get away with no belt, Wilmes said.
Newhouse News Service August 22, 2006 Internet pages, such as
MySpace.com, can be memorials to those who post to them when that person
David Kirsch said people should plan for the digital afterlife. We
need to increase awareness of the way we leave digital traces and then try
to take an active role in managing those pieces such that our wished are
reflected in our digital imprint left after we die, Kirsch said.
The Economic Times (India) August 18, 2006 With an increasing number of
family-owned businesses in India choosing to train their next generation
through Family Managed Business (FMB) programs, these courses are fast
gaining popularity. MDI will be offering a two-year Program For Family-Owned
Business Houses, starting next year, which will have students spending about
nine months abroad. "The Robert H. Smith School of Business at the
University of Maryland will be one of our partners and we are in talks with
the Babson College, America besides other European institutes," said Pritam
Singh, director MDI.
Fox News: Special Report with Brit Hume August 18,
2006 Mixed results in the U.S. economy cause worry for some and consumer
confidence is at a 10-year low. In an on-camera interview, business
professor Peter Morici says this is because consumers are spending
more on gas and less on other things, like clothing, food and appliances.
The Orlando Sentinel August 16, 2006 A column
includes a section on telecommuting, with statistics from the
Readiness Survey and a quote from Charles Colby of Rockbridge
Associates, the firm that collected the data.
The (Baltimore) Sun August 12, 2006 After authorities foiled terrorist
attacks in Britain, airline passengers were told depending on their
destination to pack away laptops and BlackBerries, expensive perfumes,
cosmetics, and even some medications. The restrictions come as Department of
Transportation statistics show that baggage handling has been getting worse
and some airports have theft problems. Roland T. Rust, marketing
chair, predicted: "There will be no more carrying back wine from wine
country in California. That shows you how drastic this really is."
Associated Press August 11, 2006 Consumer confidence slid to a
three-month low as people fretted about the direction of the economy and
their own balance sheets in the months ahead. "Right now consumers are
feeling insecure. They are worried about their inability to finance their
standard of living in the face of higher gas prices, a softening economy, a
slowing job market and a cooling housing market," said Peter Morici,
business professor. Appeared on BusinessWeek Online.
BusinessWeek Online August 10, 2006 Job recruiters should avoid
alienating potential hires during the interview process. BusinessWeek
offers tips and a slide show to point out some best practices. When a
candidate is told he will get word about a job on Sept. 1, the candidate
actually wants to hear back on or close to Sept. 1. Forgetting to follow up
or leading a candidate on sends the message that the company is
uninterested, says Lindsay Terry, employee development manager in
Smiths career center, in a slideshow that accompanies the story.
The Wall Street Journal August 9, 2006 The Federal
Reserve's much-anticipated decision to pause its two-year campaign of
interest-rate increases caused little movement in bonds. Now investors are
turning their attention to what the Fed will do at its next meeting, in
September. Peter Morici, a professor of business at the University of
Maryland and former chief economist at the U.S. International Trade
Commission, said Mr. Bernanke and other Fed leaders will face a difficult
call at their Sept. 20 gathering, because they won't have much new data by
then on inflation and economic growth.
The Wall Street Journal Online August 8, 2006 Economists react to the
Federal Reserve not raising rates for the first time in 17 meetings. It was
a tough decision, said Peter Morici, business professor. The economy
is slowing and oil prices are driving up inflation. Oil prices are beyond
the reach of U.S. interest rate policy. Having established an expectation in
financial markets that the Fed would not raise interest rates further, Ben
Bernanke made the right call.
Philadelphia Inquirer August 7, 2006 David Kirsch, business
historian and assistant professor, write an opinion article arguing why
hybrids are a better path to the electrification of vehicles than the
Read more.. Also appeared in
Detroit Free Press (Aug. 7),
Asbury Park Press (Aug. 4), and the
Patriot-News (Aug. 13).
Pittsburgh Post-Gazette August 5, 2006 The Labor Departments monthly
snapshot of the nation's employment situation showed job growth slowing
sharply in July. Peter Morici, business professor, said continuing
inflation pressures will keep rates higher and may force the Fed to push
them up more, further worsening the squeeze between slower job growth and
higher rates. He said the slowdown in growth could turn into a recession if
inflation trumps the Fed's concerns about the economy.
Atlanta Journal-Constitution August 5, 2006 The government's report
that U.S. companies added fewer new jobs in July than anticipated prompted
some market watchers to predict the Federal Reserve will not raise interest
rates next Tuesday --- for the first time in more than two years. Peter
Morici, business professor, said the latest job numbers "indicate the
economy is adding too few jobs, and unemployment is likely to continue
ABC News: World News with Charles Gibson August 3,
2006 Though Ford rolled out a turnaround plan in January, the automaker has
been taking steps backward, watching its share of the U.S. auto market fall
and pushing it into third place behind Toyota. Stock prices are also down.
Business professor Peter Morici is interviewed and comments that It's
an absolute national tragedy that an industrial icon like this one, and so
important to the employment prospects to the Midwest, is being handled as a
Pittsburgh Post-Gazette August 3, 2006 If all Americans who could be
doing their jobs from home did so, the nation would save $3.9 billion worth
of gasoline. At any rate, only 2 percent of U.S. workers telecommute full
time; 9 percent, part time, according to Smiths
Readiness Survey. Another 14 percent have the option of telecommuting,
but choose not to. If they did, it would amount to a quarter of the American
work force telecommuting.
Contra Costa Times August 2, 2006 The San Francisco
Bay Area is a national leader in telecommuting, with more than 20 percent of
workers telecommuting, compared with a nationwide average of 10 percent,
according to the
Readiness Survey, prepared by the Smith School and Rockbridge
Associates. The study also finds that 14 percent of American workers have
the option to telecommute but do not. Those drivers burn nearly $4 billion
worth of gasoline, and the time they spend on the road adds up to 470,000
CFO Magazine August 1, 2006 Companies implicated in price-fixing
schemes may have to pay big fines in the U.S. and Europe, if not in more
markets. "It's a new world," said Joshua Newberg, associate professor
of logistics, business and public policy. "More countries are getting into
the act of competition enforcement.".
Christian Science Monitor July 31, 2006 The U.S. economy grew at a cool
pace in the second quarter, one reason being slower-than-expected investment
by businesses. Economist Peter Morici said we don't just rely on
consumption for economic growth and pointed to investment as important
WMAR-TV/ABC 2 Baltimore
July 30, 2006 Telecommuting could save the economy $3.9 billion in gas,
according to the
National Technology Readiness Survey. A 11 p.m. newscast story focuses
on the study and the findings that less than half of workers who could would
choose to telecommute more than two days per week and 14 percent would not
telecommute at all. Marketing Professors P.K. Kannan and Janet
Wagner are interviewed on camera, as well as Charles Colby of
Yahoo! News July 28, 2006 Column on Yahoos finance page points out how
commuting is a drag on the economy and points to the
Readiness Survey findings that less than half of workers who could,
would choose to telecommute more than two days per week and 14 percent would
not telecommute at all, costing the economy $3.9 billion in gas. Charles
Colby of Rockbridge is quoted.
The (Baltimore) Sun July 28, 2006 Business Professor Peter Morici
writes an op-ed column cheering the failure of the Doha Round of World Trade
Organizations negotiations. Advocates claim that a new global trade pact
would raise millions from poverty. Sadly, though, a Doha agreement would
benefit mostly the wealthy and large, multinational corporations. It would
offer little for smaller developing countries or farmers and workers in
Chicago Tribune July 27, 2006 Billionaire investor Kirk Kerkorian's
proposal to ally General Motors with Renault and Nissan Motor Co. faced
setback when GMs second-quarter profits far surpassed analysts predictions
and made a merger seem less necessary. But business professor Peter
wasn't appeased. GM sold fewer cars in the first half of 2006 [1.23 million]
than in 2005 [1.24 million], and while sales were at better prices closer to
those commanded by Toyota, it still faces the task of clearing out inventory
and will likely have to cut prices through incentives. Vehicle development
costs are spread across too few vehicles, Morici said.
Washington Post July 26, 2006 The real estate market has shifted
downward median prices of homes in several parts of the Washington region
have declined when compared with the same time last year. Peter Morici,
business professor, said prices could drop 10 percent by the end of the year
and maybe 20 percent by the time its all over.
Agence France Press July 24, 2006 High crude oil prices have people
looking for alternatives one of which is biodiesel fuel, made from waste
cooking oil. Entrepreneur in residence Dan Goodman runs his car on
biodiesel, which he makes with an associate from grease collected from
College Park restaurants. Its used to run 15 area school buses.
San Diego Union Tribune July 22, 2006 Although California continues to
add jobs, a monthly decline in construction and financial hiring suggests
that the state is beginning to feel the effects of the slowdown in the
housing market. Peter Morici, Smith School economist, said the number
of jobs added recently nationwide has been "well south of the number needed
to keep unemployment from rising." In California, the weakest segments in
the jobs market are two of the areas that have seen the greatest growth in
recent years: construction and real-estate services.
The Cincinnati Post July 19, 2006 Business Professor Peter Morici
writes an op-ed, arguing General Motors board should not approve a merger
with Renault and Nissan. In the end, GM's problem is a crisis of governance.
GM won't change until the board is radically changed. Yet how often does a
board not found guilty of criminal actions fire itself? Morici wrote.
The Virginian-Pilot July 15, 2006 Column mentions telecommuting results
from the National
Technology Readiness Survey in a rant about traffic congestion. The
writer refers to a Reuters story and uses a quote from Professor
Washington Post July 14, 2006 Results of the
Readiness Survey found that if people were telecommuting from home
instead of sitting in traffic, the economy could save $3.9 billion in
gasoline costs alone.
Red Herring online July 13, 2006 Web story discusses the results of the
Readiness Survey, finding only 6 percent of Americans with the option
would telecommute full-time. Though, as marketing professor P.K. Kannan
suggests, much of the resistance to telecommuting could be age-related and
based on the perception that not as much work is being accomplished at home.
But people can be just as productive or more so from home. Its not the
formal meetings they miss, Kannan said. Its the informal chats with their
co-workers at the water cooler or at lunch. He said younger generations,
used to socializing via the Web, might be more apt to telecommute and help
grow the practice in the future.
Washington Post July 13, 2006 Results of the
Readiness Survey, finding up to 25 percent of people could be
telecommuting, but the majority choose not to do so, illustrated on Page Two
of Washington Post with graphics.
July 12, 2006 Results of the
Readiness Survey found up to 25 percent of people could be
telecommuting, but the majority choose not to do so. Marketing Professor
P.K. Kannan, director of the
Center for Excellence in
Service at Smith, which sponsored the study, said this could be because
people still need the 'face time' with their bosses. Another thing is people
miss the social interaction, just being at home." Picked up by New York
Times Web site, Boston Globe Web site, Yahoo!, PC Magazine
Web site, among others.
The (Baltimore) Sun
July 11, 2006 Southwest Airlines has more than 1,100 married couples in its
employee ranks, and spouses and family members are encouraged to join the
company. But corporate governance watchdogs usually frown on the appearance
of nepotism in public companies. Associate Professor Joshua Newberg
said nepotism is an issue always in the background that draws scrutiny now
and again. Shareholders are concerned with performance, so its likely to
raise eyebrows and likely to be a concern if nepotism correlates with poor
performance or less than optimal performance, Newberg said. But if it
doesnt, its going to be a matter of indifference.
Los Angeles Times July 7, 2006 General Motors board met July 7 to
consider billionaire investor Kirk Kerkorian's proposal to ally the
automaker with Renault and Nissan Motor Co., raising red flags for analysts
and academics who study the auto industry including business professor
Peter Morici. He remains skeptical at the speculation that Carlos Ghosn,
CEO of Renault and Nissan would take the reins at GM as well. At GM, what
can be done along those lines is either already accomplished or underway,
Morici said. Mr. Ghosn has no new magic to provide.
The (Baltimore) Sun
July 7, 2006 When Coke employees tried to sell a secret recipe to Pepsi,
PepsiCo officials contacted Coca-Cola Co. officials, who told the FBI, which
set up a sting and apprehended the trade-secret traffickers. Coke thanked
Pepsi on its Web site, which was a reason in itself for Pepsi to report the
fraud, said Joshua Newberg, associate professor of business law and
ethics. Pepsi had an ethical obligation to report, and they reaped the
benefits of doing so. Coke wouldn't think they had anything to do with it,
or better, if faced with the same situation, Coke would do the same thing,
Australian Broadcasting Corp. July 2, 2006 General Motors announced
one-third of its workers would leave the company by the end of the year.
Combined with cuts at Delphi, a key supplier of GM's components, 50,000 jobs
have been lost in the latest round. And it could have implications for
Australia's car and parts makers. Business professor
said suppliers can only pay people the value they create and not more than
they can fetch in the marketplace for their cars. After all, in Australia,
the market isnt large enough to design cars merely for the Australian
market, he said. The Australian manufacturers or the manufacturing arms of
Ford and General Motors in Australia are dependent on the worldwide
operations of those companies for vehicles to produce. My concern is that
within a few more years, General Motors and Ford will lose their ability to
design competitive products for any market.
NPR/Weekend Edition July 1, 2006 A new documentary, Who Killed the
Electric Car? examines the many reasons why that vehicle technology
disappeared in California. Smith professor and business historian David
Kirsch talks about GMs role in the cars death. GM treated the recall
decision as just another business decision as if it was just some trouble
with some Chevy that needed to be recalled, Kirsch said, without realizing
that they had actually tapped into a new market, a new kind of person,
someone who had abandoned General Motors cars decades ago and had long
switched to European and Japanese brands.
San Francisco Chronicle July 1, 2006 San Jose's KLA-Tencor Corp. said
Friday that it may have to restate financial results because an internal
investigation found that it may have backdated some stock-option awards.
Peter Morici, a professor of business, was not very forgiving about the
possibility of restating earnings. It gives us very strong reason to
conclude that either the books were not handled competently or there was a
purposeful effort to deceive, he said. Whether it rises to the level of a
criminal problem is one thing but it certainly raises into question the
competence of the managers to continue.
Entrepreneur Magazine July 2006 Consumers are overwhelmed by the number
of choices, features and functions associated with their tech gadgets.
Marketing chair Roland Rust says consumers are suffering feature
fatigue when trying to decipher products laden with so many features. The
smart companies that really succeed are going to be making products that are
simpler, that will satisfy customers more, Rust said.
U.S. News & World Report June 30, 2006 Oil prices headed up again,
continuing a two-week run pushing it over $73 a barrel. Peter Morici,
business professor, said the new data provide more reason why the Fed should
stop raising rates. International oil and resource markets will continue to
instigate inflationary pressures, and these can be little affected by Fed
policy, he said. If it chooses to raise interest rates further, the Fed will
do little to curb inflation but risks throwing the economy into recession
Financial Times June 28, 2006 The Smiths Schools video and audio
podcasts are highlighted as part of trend for business schools to use
hi-tech learning tools. A similar initiative by Dukes Fuqua School is also
mentioned. The story includes a quote from Jeff Heebner, managing
director for marketing communications, following a news release.
Lou Dobbs Tonight/CNN June 21, 2006 One segment focuses on the Bush
administrations borders policy and immigration laws. Business professor
Peter Morici says, When we elect officials, we expect them to act on our
behalf. When we get involved in cooperative frameworks with other countries
for joint regulation of fisheries or rail transportation or the skies, we're
basically sharing our sovereignty with that government and outsourcing some
of what we give our elected officials.
Los Angeles Times June 15, 2006 Some economists including business
professor Peter Morici worry that with inflation rising and
potential for another interest rate hike from the Federal Reserve, the
economy could be headed for stagflation: rising prices in a languishing
economy. My feeling is were headed for a tragedy here, Morici said.
Pittsburgh Post-Gazette June 15, 2006 Though GMs struggles are making
headlines, Ford Motor Co.'s prospects may be bleaker. The automaker has
failed to introduce new, attention-grabbing models and has seen big declines
in sales of many models. Peter Morici, business professor, said
consumers see Fords models as dull, and he says the family-owned company is
not focusing enough resources on differentiation. Its a politically correct
company making mediocre products. They do have some good products, just not
enough of them, Morici said.
The New York Times June 11, 2006 Harvard Business School graduate Adam
Richman, while still at Harvard in 1995, decided to explore the real-world
value of an MBA from the Ivy League school. He decided to track a core group
of his classmates and interview and film them every five years about
careers, leadership and success until 2026. The series is a look at the
value Harvard grads are reaping from their education. The article looks more
broadly at the value of an MBA degree and refers to a Smith School study
that finds recruiters paid higher salaries to grads of top-tier business
schools. The schools prominence provides legitimacy in the eyes of third
parties, said Violina P. Rindova, associate professor and co-author
of the study.
The Washington Post June 11, 2006 The New York Stock Exchanges plan to
buy the Paris-based Euronext European stock exchange for $10 billion wont
impact investors much at first but hold promise for the future. Professor
Peter Morici is quoted saying regardless of the merger, trading costs
will go down because of electronic trading, deregulation, globalizations and
Wall Street Journal Online June 10, 2006 Rising oil
prices and imbalances with China helped push the U.S. trade gap wider in
April after two months of improvement. Business professor Peter Morici
said the situation is likely to worsen in the coming months, as the U.S.
dollar remains overvalued against the Chinese yuan and other Asian
Christian Science Monitor June 5, 2006 Recent
college graduates and 20-somethings are increasingly turning to life coaches
and other professionals to help determine their paths. Some of the push to
get help comes from parents, because many are cognizant that two, three
years out of college their children are inadequately employed, said Peter
Morici, business professor. But, he said, professional mentors may be
preying on insecurities young adults pick up from college rankings and
Delaware News Journal June 4, 2006 DuPont Co. continues to research and
develop new products and the next generation of current ones. But Ken
Smith, professor of business strategy, says large corporate R&D
departments like DuPonts are no longer the dominant engines of innovation
they once were. Large companies are increasingly acquiring new products and
technology from smaller companies and academia, he said.
Los Angeles Times June 1, 2006 Market forces U.S. trade deficit for
foreign goods, economic growth in other countries, slowing U.S. economic
growth, rising interest rates abroad are aligned to drive the dollars value
down no matter what Bush administration officials say. Business professor
Peter Morici says The day will come when China and the rest of the world
will tire of lending Americans what they need to live well.
The Providence Journal June 1, 2006 Last year was a good one for both
high-end and low-end retailers as consumer confidence ended 2005 high, even
through hurricanes, high energy prices and inflation. But consumer
confidence is showing a drop-off now. Business rofessor Peter Morici
says the consumer wont be the economys primary lift anymore. Were going to
have to get our sources of growth somewhere else, he said.
USA Today May 31, 2006 Marketing chair Roland Rust talked about
the concern airlines should pay to public perception of frequent-flier
programs in a Money section cover story. Its never a good idea to have a
large number of your best customers mad at you, as seems to be the case
these days, he said.
Boston Globe May 26, 2006 Nationally syndicated columnist Ellen Goodman
writes about the nightmare of feature creep, stemming from an electric
toothbrush so complicated it came with an instructional DVD. She spoke with
marketing chair Roland Rust and bases her column around his feature
fatigue research. The story appeared in outlets including the Deseret
Morning News, the Austin American-Statesman, the Cincinnati
Post and the Pittsburgh Post-Gazette.
The Economic Times May 26, 2006 Decision and Information Technologies
Chair G. Anandalingam writes an opinion article about the nonresident
Indian way for Indias Economic Times. He writes Indian parents value
the success of their children as one of the most important things in their
lives, and many times that success is measured by acceptance to an Ivy
League school. To illustrate his point that families are so aggressive about
standing out to be attractive to top schools, he uses the story of Kavvya
Viswanathan. The Harvard students first novel, How Opal Mehta Got Kissed,
Got Wild and Got a Life which she wrote while in high school got pulled by
her publisher because of the discovery of multiple counts of plagiarism.
ABC News.com May 23, 2006 Business professor Peter Morici
answers the questions of what is going on in the stock markets and where are
they going from here. He says foreign equity markets are shaky and the U.S.
economy is expected to slow down.
Voice of America May 19, 2006 Marketing department chair Roland Rust
talks to Voice of America for a television news segment about shock
advertising, realistic advertisements causing a stir, such a Volkswagen
Jetta commercial that shows drivers getting into car accidents.
Read more and watch online.
Washington Post May 19, 2006 Federal Reserve Chairman Ben S. Bernanke
said the U.S. housing market was showing clear signs of cooling off, but
called the slowdown moderate and orderly. Professor Peter Morici said
Bernankes comments were right on and the said the rising interest rates
signal a healthy economy moving away from dependence on the housing market.
May 18, 2006 Columnist Andy Mukherjee explores the debate that China is
manipulating or misaligning its currency against the U.S. dollar.
Peter Morici, professor of international business, says the
administration's failure to name and shame China seems to suggest that
Treasury Secretary John Snow isn't pushing hard enough. It would seem that
Secretary Snow would like China to volunteer that it is manipulating the
global commercial system,'' Morici says.
Financial Times Online May 17, 2006 The U.S. Department of Education
awarded the Smith School a Center for International Business Education
grant. The center is described, following a news release, on the papers Web
site and the story includes a quote from center co-director and Associate
May 17, 2006 Chinas growing market is spurring growth in neighboring Asian
countries. China is also headed up-market in both quality and type of goods
it makes, said professor Peter Morici. "Whatever is easy to make, the
Chinese will be doing soon -- if they're not already. They have cash to buy
any know-how they want," he said.
Associated Press May 16, 2006 The European Commission said that
Slovenia could become the first new user of the euro since the currency was
launched four years ago. Business professor Peter Morici says
widening the euros area bolsters the currencys credibility in the eyes of
Associated Press May 15, 2006 The APs Tom Raum analyzes President Bushs
approach to immigration policy after his televised speech from the Oval
Office. Professor Peter Morici says big business wants more
immigrants and the immigration situation is beyond anyone's control.
[Immigrants] impact on the U.S. economy is so profound, it cannot be
reversed, he said.
Business Week Online May 15, 2006 Though its getting late in the
traditional hiring season, its never too late to find the right job. Tips
for finding a job include advice from Lindsay Terry, manager of
undergraduate employer development. She says marketing and advertising
positions come up in the summer.
KoJo Namdi Show May 15, 2006 Strategy and Organization Professor
Anil Gupta joins radio host KoJo Namdi and author AnnaLee Saxenian to
discuss the brain drain of high-tech workers from Asia to the U.S. Some say
this is more brain circulation than anything, as technically skilled
entrepreneurs return to their home countries and seek opportunity in the
Christian Science Monitor May 15, 2006 Consumers are more and more
frustrated with electronic gadgets overloaded with features. Half of gadgets
are brought back to stores in perfect working order. Marketing chair
Roland Rust talks about feature fatigue and explains that so many
features are added to products because with microprocessors, its so easy for
engineers to add dozens of extras.
Washington Post May 3, 2006 Buying and playing video games on mobile
phones is a trend that wont seem to stick a new report says this is because
prices, choice and lack of interest have kept sales from growing. Game
companies are banking on better phones and faster downloads to bolster cell
phone gaming. But consumers just may not be using their cell phones for much
more than making calls. Smith researchers feature fatigue study is mentioned
and marketing chair Roland Rust weighs in, saying people prefer
The Providence Journal May 2, 2006 Officials and economists said the
economic impact of the May 1 immigration demonstrations and boycott was
minimal. Professor Peter Morici said businesses/industries could work
around the events, unlike, for example, the situation in New York City when
transit workers went on strike last December. People who are staying home
today arent in critical positions, he said the day of the strike. He pointed
to the statistics that illegal immigrants make up less than 10 percent of
the nations workers and contribute less than two percent to the gross
Washington Post/Associated Press May 3, 2006 Though European consumers
are feeling the effects of rising gas prices at the pump and in monthly
energy bills, European economies have resisted price shock. Professor
Peter Morici says the U.S. economy also is resilient to higher gas
prices because Americans can afford to spend a little more on gas by
spending a little less on other things.
CNN.com/Lou Dobbs May 1, 2006 Lou Dobbs comments on the May 1
immigration demonstrations and boycott, pointing out media coverage is not
attentive enough to the fact that the debate centers on illegal immigrants.
He quotes Professor Peter Morici talking about the meat-packing
industry and how illegal immigrant workers are working for lower wages,
therefore dropping wages for semiskilled American workers.
The (Baltimore) Sun April 30, 2006 The Baltimore neighborhood of
Keswick, also known as Alonsoville, has an unusually high number of
entrepreneurs working from their homes in various fields. The unifying trait
of these entrepreneurs is just being an entrepreneur. Associate professor of
entrepreneurship J. Robert Baum attributes the clustering in
Alonsoville to human nature we tend to be around our own kind.
Washington Post April 29, 2006 The U.S. economy grew 4.8 percent in
first quarter of 2006, compared with 1.7 percent in the previous quarter.
Professor Peter Morici says the remarkable pace reflects shifts in
the sources of demand. According to Morici, business investment is
increasingly the engine pulling the economy forward.
Digital Edge/WRC-TV NBC 4 April 23, 2006 I.J. Hudson explores feature
fatigue when consumers become frustrated and overwhelmed by the number of
gadgets on the their digital products with researcher Roland Rust,
marketing department chair. Though consumers are more attracted to
feature-packed digital products when they're shopping, many become
frustrated and dissatisfied with complicated digital cameras, cell phones
and other gadgets after they bring them home.
Washington Times/Associated Press April 22, 2006 Fed up with too many
features complicating digital products, marketing Professor Roland Rust,
Associate Professor Rebecca Hamilton and PhD candidate
Debora Thompson studied a phenomenon they dubbed feature fatigue. Their
research and results are profiled by the Associated Press, along with
an interview with Rust.
Newshour with Jim Lehrer April 21, 2006 Business Professor Peter
comments on the importance of automobile manufacturing in Americas
manufacturing sector as part of an introduction to an interview with General
Motors CEO Rich Wagoner.
Read more, watch or listen online.
Christian Science Monitor April 21, 2006 Last week federal immigration
officials arrested more than 1,100 suspected illegal immigrants on the job
in manufacturing facilities, as well as people believed to have hired them.
Professor Peter Morici weighs in: "In a world where illegals can
register kids for school, where state police stop them on speeding
violations and don't tell federal authorities, the reality is it's very
difficult for the federal government to do this alone. Politicians are very
happy to hammer on employers, but they're not willing to take actions within
their grasp" to pass comprehensive reform, he said.
Wall Street Journal
April 20, 2006 Ex-academic Mark Carhart and a former University of Chicago
colleague manage a Goldman Sachs hedge fund with an estimated $10 billion in
assets. Smiths Russ Wermers, an associate finance professor, says he
wouldnt have predicted his unpretentious former colleague Carhart would
become a master of the universe. The hedge fund managers still refer to
their academic roots to make decisions, last year calling on Wermers to
present his investment research. He recounts his visit to Goldman, which he
said was kind of a high-pressure event. They asked very, very tough
New York Times April 20, 2006 The United States is pushing China to
raise the value of its currency, which may encourage the worlds most
populous country to buy more American-made goods. Raising the value would
make Chinese exports more expensive and foreign goods more competitive in
China. Peter Morici, business professor, contends China will
transition to higher-end goods whether or not the country ups the currency
BBC News April 20, 2006 Beleaguered car giant General Motors has
remained in the red for the sixth straight quarter. GM is making more
vehicles and selling fewer of them, said Peter Morici, business
professor. He said during the quarter GM's market share fell from 25.2
percent to 23.7 percent, and pointed to figures suggesting that although GM
was building more cars, it was selling fewer of them. He also said GM needed
to further reduce its labor costs and bring them in line with Asian
competitors operating in the United States.
Wall Street Journal
April 19, 2006 New housing construction fell 7.8 percent in March and home
builders are increasingly pessimistic, signaling a further weakening housing
market. At the same time, wholesale prices were up last month, but subdued
underlying prices suggest inflation is rising at only a moderate pace.
Business Professor Peter Morici says outside the energy sector,
wholesale price inflation remains in check and the outlook for consumer
prices remains good.
Lou Dobbs Tonight/CNN April 19, 2006 CNN correspondent Kitty Pilgrim
explores the $16 billion China spent in recent deals with U.S. companies,
which many people see as designed to ease trade tensions, though ineffective
when dealing with a $202 billion trade gap. Business professor
Peter Morici calls trade deals with China unfair and unbalanced, and
says they are destroying American jobs.
Read the transcript
Future Tense/American Public Media April 19, 2006 Host Jon Gordon
interviews marketing chair Roland Rust about his feature fatigue
research that concludes though consumers are more attracted to
feature-packed digital products when they're shopping, many become
frustrated and dissatisfied with complicated digital cameras, cell phones
and other gadgets after they bring them home.
Reuters April 19, 2006 Rising gas prices could spell trouble for
General Motors new sport-utility vehicles, which analysts count as crucial
to the struggling auto giants turnaround efforts. Peter Morici,
business professor, weighs in, saying GM will struggle to sell as many
vehicles as they did least year.
Washington Times April 17, 2006 Columnist Mark Kellner blogs about
research from Professor Roland Rust, Associate Professor
Rebecca Hamilton, and PhD candidate Debora Thompson that
determines that too many features on digital products can be too much to
The Economist April 12, 2006 In a letter to the editor, business
Professor Peter Morici
argues that increasing the value of the Chinese yuan would push up prices
for Chinese imports and purchases from the U.S. would shift to other Asian
countries. But he says this shift would only sustain if Asian governments
replaced Chinese intervention in currency markets and sterilized their
purchases to avoid liquidity-driven domestic inflation. Morici said this is
very unlikely, so eventually all Asian currencies would rise against the
Financial Times April 9, 2006 Chinas strengthening economy has
attracted a growing number of business schools in Beijing and Shanghai that
are forging links with their U.S., U.K., Australian, European, and Hong Kong
counterparts, all dedicated to developing MBA and part-time executive MBA
programs that put students on the fast track to global business leadership.
The Robert H. Smith School of business is among the programs highlighted and
Walter Czarnecki, manager of the schools China Business Development
and Executive Programs in Beijing talks about the importance of locating the
programs in China.
Seattle Times/Associated Press April 9, 2006 Though not always
trustworthy or accurate, stock analysts predictions still influence trading.
But last quarter their estimates were off at least five percent more than
half the time and investors should keep in mind the potential flaws analysts
picks carry. Assistant Professor of Finance Mark Chen has studied
analysts conflicts and says their recommendations should be taken with a
grain of salt.
All Things Considered/NPR April 3, 2006 General Motors, the world's
largest automaker, will sell its financial arm, GMAC, for $14 million in a
deal company officials hope will bolster turnaround efforts. But the sale of
the companys only profitable division highlights GMs weaknesses. Peter
Morici, business professor, provides past examples of large companies
that tried to restructure outside of bankruptcy but could not.
April 3, 2006 General Motors has grappled with decreased market share and
mounting losses in the United States, but the automakers future may lie in
Shanghai, not Detroit. GM was the No. 1 car seller in China in the last
quarter of 2005. Business Professor Peter Morici comments on GMs
struggles and latest sell-offs to stay afloat in America.
Chronicle of Higher Education March 31, 2006 Dean Howard Frank
and wife Jane, art dealer writer and former adjunct instructor, talk
about their collection of fantasy art in the Chronicles Academic Life
section. Select pieces from the Franks large collection of fantasy art
paintings, drawings and sculptures that depict themes of good and evil,
mythical creatures, spaceships, and such figures as damsels, vampires and
heroes was on display last year in what is now the best-attended exhibition
in the University of Maryland Art Gallery's history.
BusinessWeek Online March 27, 2006 Former Dingman scholar
Dominic Crapuchettes, MBA 2004, gives BusinessWeek a glimpse at a
day in his life as founder and co-manager of North Star Games,
a Maryland company that designs, publishes and
markets original board games. The company's game, Wits & Wagers, was
featured in a news article in the April 10 issue of Time magazine.
NewsHour with Jim Lehrer March 23, 2006 General Motors, the world's
largest automaker, announced that it will sell a majority interest in its
commercial mortgage division to an outside investment group after it offered
to buyout more than 115,000 hourly workers on Wednesday. Peter Morici,
business professor, is one of two guests to discuss what this means for the
future of General Motors and other auto companies.
Day to Day/NPR March 21, 2006 Peter Morici, business professor,
is interviewed by correspondent John Dimsdale about what Morici sees as good
prospects for higher inflation on the economic horizon.
March 20, 2006 BusinessWeek mentions research co-authored by
Violina Rindova, Smith School associate professor, in an article that
examined the true value of an MBA among the five highest-paid executives at
each of the S&P 100 companies in 2004.
Associated Press March 17, 2006 Quotes from Mark Chen, assistant
finance professor, are featured in an article about the power of analysts in
moving the stock market and influencing investors. Chen bases his remarks on
his research of analysts conflicts of interest.
Morning Edition/NPR March 13, 2006 In the wake of the Dubai Ports World
deal, some members of Congress want to crack down on foreign ownership of
ports. Peter Morici, business professor, offers expert comments on
national radio on the politics of ports security following the introduction
of Congressional legislation. I think this legislation is a mistake, said
Weekend Edition/NPR March 11, 2006 Roland Rust, Holder of the
David Bruce Smith Chair of Marketing, is interviewed on national radio about
his research co-authored by Rebecca Hamilton, assistant professor,
Debora Viana Thompson, doctoral student -- on feature fatigue. Rust
gives examples of products suffering from feature fatigue and explains to
listeners what they can do to avoid getting caught in the feature fatigue
ABC World News Report March 10, 2006 Peter Morici, business
professor, is featured on a wide national stage as he comments on Friday's
job report. Morici says, Basically, manufacturing's in neutral while
everybody else is expanding. That has not been a great recovery for ordinary
March 10, 2006 The number of billionaires jumped 15 percent this year over
last, according to Forbes magazine. David Kirsch, assistant
professor, is interviewed on the national radio program,
Marketplace, about the phenomena.
Lou Dobbs Tonight/CNN March 9, 2006 Peter Morici, business
professor, is a guest on national television for a story on President Bushs
policy decisions. Morici discusses the Presidents actions as they relate to
WUSA-TV March 8, 2006 Television news anchor Bruce Leshan
profiles Smith School research from Roland Rust, Holder of the David
Bruce Smith Chair of Marketing, and Rebecca Hamilton, assistant
professor, and Debora Viana Thompson, doctoral student -- on feature
fatigue", or the phenomena of too many product features turning consumers
off. Rust shows examples of products suffering from feature overload as well
as those that offer a better experience for users because of their
Newhouse News Service March 3, 2006 A story that touches on RFID and
its everyday applications includes expert quotes from William DeWitt,
Tyser Teaching Fellow, following a visit by the reporter to Smiths
state-of-the-art RFID lab.
NBC Nightly News February 26, 2006 Peter Morici, business
professor, is a guest and speaks about Wal-Marts steps to expand health
benefits for some of its employees. Morici points out that problems extend
beyond Wal-Mart to the state of the U.S. health care system.
Lou Dobbs Tonight February 24, 2006 Peter Morici, business
professor, is a repeat guest for the second evening in a row and comments on
the purchase of U.S. ports by a Dubai company.
Lou Dobbs Tonight February 23, 2006 Peter Morici, business
professor, is a guest and says of the purchase of U.S. ports by a Dubai
company, We have erred on the side of commercial interests, and we have not
given adequate weight to the legitimate security concerns of the American
people. We need to limit foreign investment for strategic transportation
assets that provide entree into the United States and can be the vehicles of
access for terrorists.
The New York Times February 23, 2006 A story about the need for small
businesses to prepare in the event of an avian flu pandemic includes
practical advice from Peter Morici, business professor, including
mentioning that it is a good idea for small businesses to start networking
to find a source of replacement workers.
The Globe and Mail February 16, 2006 Research from Roland Rust,
holder of the David Bruce Smith Chair of Marketing, and Rebecca
Hamilton, associate professor, on feature fatigue that was profiled in the
February Harvard Business Review is also featured here.
Washington Times February 17, 2006 Logo clothing feels the thrill of
victory, too, when an Olympic medalist scores in their togs. Roland Rust,
holder of the David Bruce Smith Chair in Marketing, comments on the value in
outfitting Olympic athletes in branded sportswear.
Chronicle of Higher Education February 17, 2006 A story about foreign
institutions operating in China includes extensive mention of the Smith
Schools Executive MBA programs in Beijing and Shanghai as well as quotes
from Walter Hutchens, assistant professor, on the educational and
The (Baltimore) Sun February 16, 2006 Asher Epstein, managing
director of the Dingman Center for Entrepreneurship, offers expert quotes in
a story about search engine Google's stock price plunge.
The Globe and Mail February 16, 2006 A story about resources to help
consumers compare auto information highlights compelling new research from
the Smith Schools department of decision and information technologies.
USA Today February 15, 2005 Roland Rust, holder of the David
Bruce Smith Chair in Marketing, comments that there's a great deal at stake
in the Winter Olympics in a columnists article pointing out that the Winter
Games have gone Hollywood.
IT World February 14, 2006 A book that gives senior IT executives an
economic approach to allocating security funds, Managing Cybersecurity
Resources: A Cost-Benefit Analysis, by professors Lawrence A. Gordon
and Martin P. Loeb, is favorably reviewed as providing a framework
for building compelling business cases that will warm the cockles of the
CNN/Lou Dobbs Report
February 10, 2006 Peter Morici, business professor, is interviewed
on national television about the U.S. trade deficit and economy.
Harvard Business Review February 2006 Research on feature fatigue from
Roland Rust, holder of the Bruce David Smith Chair of Marketing and the
director of the Center for Excellence in Service, Rebecca Hamilton,
assistant professor, and Debora Viana Thompson, PhD student, is
featured based on a series of studies that were conducted in the marketing
departments Center for Excellence in Service.
The Chronicle of Higher Education February 10, 2006 A study from Ian
Williamson, assistant professor, and Violina P. Rindova, assistant
professor, finds that companies pay higher salaries to graduates of the most
prominent business schools, even when they believe that lesser-known schools
offer better educations. The study is described in the December/January
issue of the Academy of Management Journal and was also the subject
of related articles in
The Washington Post (1/29) and the
Nightly Business Report (PBS) February 9, 2006 Research by Roland
Rust, director of the Center for Excellence in Service, and Rebecca
Hamilton, assistant professor, on feature fatigue is featured in
national television commentary about research of note from this months
Harvard Business Review.
The Baltimore Sun February 5, 2006 Janet Wagner,
assistant chair of the marketing department, is quoted in an article about a
local focus group analysis firm.
February 3, 2006 In a round up of leading economists views in reaction to a
Labor Department report on unemployment, Peter Morici, business
professor comments on how adult labor force participation has fallen
significantly since George Bush took over stewardship of the economy.
Financial Planning February 2006 Research from Russ Wermers,
professor, is highlighted in a story about mutual funds. Wermers research
found that managers who had the most so-called style drift outperformed the
most faithful style-box-dwelling managers by 3 percentage points.
January 2006 Howard Frank, dean was featured in a page-and-a-half
profile and Q&A in Chinas Fortune Magazine. During the interview Frank
discusses trends among top business schools including the need for a focus
on technology. Frank also stresses quality being a key factor for success
and highlighted his vision for Smith to expand internationally and compete
on a global scale.
United Press International January 31, 2006 Advertisements comparing
two brands are frequently ineffective. Whether such ads are effective
depends on how a consumer thinks about the ad according to research from
Rebecca Hamilton, assistant professor. The study will appear in the
March issue of the Journal of Consumer Research.
Financial Times January 30, 2006 The U.S. MBA market is stabilizing and
looking upbeat. Scott Koerwer, associate dean of professional
programs and services, adds insight into the vital importance of being
engaged in a multinational arena for schools with world-class status and
The Washington Post January 29, 2006 Research profiled from the Smith
School and Ian Williamson, assistant professor, and Violina P. Rindova,
associate professor, found that companies award the highest salaries to
graduates of business schools that corporate recruiters regard as the most
prominent, rather than to the graduates of schools the recruiters believe
have the best and brightest graduates. The research was also profiled in an
article in the
Chronicle of Higher Education (1/31).
The Baltimore Sun January 29, 2006 Joshua Newberg, assistant
professor, offers expert comment and the view that companies and individuals
are now more cautious in an article about lessons learned following the
CNN: Lou Dobbs Tonight January 25, 2006 Peter Morici, business
professor and auto industry expert, appears on national television for an
interview about reshuffling announced at Ford Motor Co.
NBC Nightly News January 24, 2005 Peter Morici, business
professor and auto industry expert, appears on national television for an
interview about reshuffling announced at Ford Motor Co.
ABC World News Tonight January 23, 2006 The Ford Motor Company
announced that it will close 14 facilities and lay off up to 30,000
workers, representing a quarter of its work force. Peter Morici,
business professor and auto industry expert, appeared on national
television to comment on Fords outlook for the future.
BusinessWeek Online January 19, 2006 Janet Richert, managing
director of the office of career services, adds insight into an article that
points out an MBA can be a strong launching pad into a new career as an
Times of London January 10, 2006 An article takes a look at reforms put
in by the investment industry. Mark Chen, assistant professor of
finance, comments on one controversial area brokers pushing stocks of
companies their firm depends on for fees. Chens research of financial
information from 232 companies found there was a strong correlation between
analysts recommendations and the degree to which the Wall Street firm was
dependent on a company for fees. But there was no evidence that this had any
serious misleading effects on investment behavior.
BusinessWeek January 7, 2006 A special feature about Chinas growing MBA
market includes a quote from Scott Koerwer, associate dean of
professional programs and services, about the importance of the China
market, and mention of Smiths EMBA programs as among the quality and
successful programs offered on the mainland.
Reuters January 6, 2006 U.S. short-term interest rate futures dealers
continued to expect one or two more rate hikes from the Federal Reserve
after a neutral December payrolls report. Peter Morici,
business professor, provides an expert quote offering further insight in to
the impact on the U.S. economy.
BBC News January 6, 2006 Peter Morici, business professor,
makes a prediction that Korea-made cars will surge ahead of their American
competitors following this years Detroit Motor Show.