News at Smith

May 01, 2006
World Class Faculty & Research

Read the spring 2006 issue of Research @ Smith.

May 01, 2006

Research By Soeren Hvidkjaer

THE PHENOMENON OF MOMENTUM—THAT STOCKS WHICH INCREASE IN PRICE ONE YEAR WILL TEND TO CONTINUE TO INCREASE IN PRICE OVER THE NEXT YEAR, AND THAT STOCKS WHICH DECREASE IN PRICE ONE YEAR WILL CONTINUE TO DECREASE IN PRICE OVER THE NEXT YEAR—HAS INTRIGUED RESEARCHERS FOR A LONG TIME. WHAT DRIVES THIS ANOMALY? IF MOMENTUM IS DRIVEN BY A PARTICULAR KIND OF INVESTOR BEHAVIOR, THEN THAT BEHAVIOR SHOULD BE DETECTABLE IN THE TRADING RECORDS, REASONED SOEREN HVIDKJAER, ASSISTANT PROFESSOR OF FINANCE AT THE SMITH

May 01, 2006

Research By Christopher Bingham

WHEN IT COMES TO DEVELOPING STRATEGIC ORGANIZATIONAL PROCESSES, EXPERIENCE MAY NOT BE THE BEST TEACHER. THOUGH MUCH RESEARCH IN THE FIELD FOCUSES ON THE WAY FIRMS LEARN THROUGH EXPERIENCE, RECENT RESEARCH BY CHRISTOPHER BINGHAM, ASSISTANT PROFESSOR OF MANAGEMENT AND ORGANIZATION, SUGGESTS THAT THIS VIEW MAY NOT ADEQUATELY DESCRIBE WHAT AND HOW FIRMS LEARN FROM HETEROGENEOUS EXPERIENCES SUCH AS ACQUISITIONS, PRODUCT DEVELOPMENT, PARTNERING, AND INTERNATIONALIZATION.

May 01, 2006

Edwin A. Locke, professor emeritus of management and organization, has won the James McKeen Cattell Fellow Award from the American Psychological Society. He received the award at APS 18th Annual Convention, May 25-28, 2006. Locke is the most published organizational psychologist in the history of the field. His pioneering research focused on work motivation and job satisfaction, and he is well-known for his publications on goal-setting theory.

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