Top Researchers, Top Education, Top Notch

A commitment to research excellence has the University of Maryland's Robert H. Smith School of Business on the move. Over the last decade, the Smith School has established nearly a dozen research centers and laboratories and attracted nearly 100 new faculty members from the world's premier research institutions--distinguished thought leaders and innovative teachers. Today, Smith research influences business practice and shapes public policy around the world. And the faculty at Smith is recognized as one of the most published of any business school and Smith faculty sit on the editorial boards of many leading scholarly academic journals.

Research@Smith, Spring 2006

Learning from Heterogenous Experience
When it comes to developing strategic organizational processes, experience may not be the best teacher.
Increased Customer Satisfaction Increases Stock Price
Most business managers understand intuitively that satisfied customers are the key to a business’ long term success. Changes in a company’s customer satisfaction should be a leading indicator of changes in their expected earnings, and changes in expected earnings are immediately reflected in stock prices.
Trade-Based Analysis of Momentum
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.

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Faculty Kudos

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. His 1976 chapter on job satisfaction continues to be one of the most highly-cited pieces of work in the field.

Violina Rindova, associate professor of management and organization, and J. Robert Baum, associate professor of management and organization, have been selected as Dingman Center Research Fellows in Entrepreneurship for the 2006-2007 Academic Year.  This research fellowship is meant to encourage and recognize research in entrepreneurship. Rindova will be a guest editor of a special research forum for the Academy of Management Review titled: “Dreaming, Discovering and Creating: The Visions and Costs of Entrepreneuring.”

Ritu Agarwal, Dean’s Chair of Information Systems, Anil Gupta, Ralph J. Tyser Professor of Strategy and Organization, and Robert Kraut of Carnegie Mellon will be guest editing a special issue of Information Systems Research on the “Interplay between Digital and Social Networks.”

Gupta and Ken Smith, professor of management and organization, are serving as guest editors for a special issue of Academy of Management Journal  focusing on the topic of “Managing Exploration and Exploitation” with Chris Shalley of Georgia Tech.

Gupta, Susan Taylor, professor of management and organization, and Paul Tesluk, associate professor of management and organization, are serving as guest editors for a special issue of Organization Science focusing on the topic of “Innovation at and across Multiple Levels of Analysis.”

Soeren Hvidkjaer, assistant professor of finance, will be a distinguished speaker at the European Financial Management Association, Milan, Italy.

Wolfgang Jank, assistant professor of management science and statistics, and Galit Shmueli, assistant professor of management science and statistics, have been named guest editors for a special issue of the journal Statistical Science on “Statistical Challenges and Opportunities in Electronic Commerce Research.”

Janet Wagner, associate professor of marketing, delivered a seminar on service marketing to the CIT, Cornell’s Information Technology Service.

Latest Research News

Michael Ball, Orkand Professor of Management Science, and Michael Fu, professor of management science, have received a $630,000 grant from NSF under the special initiative on “Dynamic Data Driven Application Systems.” The title of their proposal is “Dynamic Real-Time Order Promising and Fulfillment for Global Make-to-Order Supply Chains.” Ball has been named Area Editor for Transportation in the flagship journal Operations Research.

Chris Bingham, assistant professor of management and organization, won the Best Paper Award at the 2005 Atlanta Competitive Advantage Conference for his paper on "Opening the Black Box of Capability Creation: The Internationalization of Entrepreneurial Firms." Bingham's paper on "Building Theory Using Simulation" has been conditionally accepted for publication in
Academy of Management Review.

Bruce Golden, France-Merrick Chair in Management Science, will be the first Conoco-Phillips Distinguished Lecture at Oklahoma State University in October 2005. He presented two lectures as Distinguished Speaker at the 31st Lunteren Conference on the Mathematics of Operations Research in Lunteren, The Netherlands in January 2006.

Larry Gordon, Ernst & Young Alumni Professor of Managerial Accounting, has been appointed as the International Representative for Accounting for the 2008 Research Assessment Exercise (RAE) in the U.K. The RAE is the process which determines the research ranking, and in turn research funding, for the various departments (across all disciplines) at U.K. universities for several years starting in 2008.

David Kirsch, assistant professor of management and organization, has received additional funding for his "Dot Com Archives" project. The Library of Congress has extended its funding agreement under the National Digital Information Infrastructure Preservation Program (NDIIPP) for an additional two years, through 2007, committing an additional $813,000, bringing total direct support to $1,056,000. Counting additional contributions from project partners, the project has received $2,209,000 in funding.

Dilip Madan, professor of finance, has been appointed editor of Mathematical Finance.

S. Raghavan, assistant professor of management science, and G. Anandalingam, Ralph J. Tyser Professor of Management Science, co-edited a book entitled Telecommunications Planning: Innovations in Pricing, Network Design and Management, to be published by Springer.

Ian Williamson, assistant professor of management and organization, has won the 2005 Academy of Management Mentoring Best Practices Award. This award recognizes individuals who have excelled in providing mentoring to Academy of Management members. Williamson has been invited to join the editorial board of Academy of Management Journal.

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