Foreign firms doing business in India are “entering essentially 29 different countries,” Smith School professor Kislaya Prasad says. That’s because tax systems differ state to state in a market otherwise inherently attractive to foreign investment. But a revamping looms. India’s parliament advanced a goods and services tax on Monday that would reduce the complexity of doing business in India.
Recent headlines signal breakfast has been sizzling at U.S. restaurants. But Smith School experts warn that profitably pivoting to meet the demand is not a sure thing for restaurateurs. "Like any other innovation, consumers get used to it and start to lose interest," Smith School professor Janet Wagner says. Dingman Center entrepreneur-in-residence Harry Geller shares three questions that
A strategy firm founded by former Bill Clinton speechwriters has recognized a recent graduate from the University of Maryland's Robert H. Smith School of Business for “giving one of the best undergraduate student commencement speeches of 2016.” Rachel George, who completed dual marketing and English degrees in spring 2016, won second prize in the West Wing Writers inaugural Mortarboard Awards.
In this edition, Emmy Robichaud, MBA Candidate 2017, lets us in on what it's like to work as a summer executive associate at M&T Bank in Buffalo, NY.
Democrats and Republicans are calling to reinstate a version of the Glass-Steagall Act, which from 1933 to 1999 separated investment banking (underwriting, issuing and distributing financial instruments like stocks and bonds) from commercial banking (deposit-taking and lending) activities. Are legislators about to break up the big banks? Don't count on it, say professors Cliff Rossi and Phillip L. Swagel