The University of Maryland is actively monitoring the outbreak of respiratory illness caused by a novel coronavirus (termed “COVID-19”) that was first detected in Wuhan City, Hubei Province, China. Very rapidly, the virus has been detected in numerous countries including the United States.
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It wasn’t the most talked-about hearing on Capitol Hill this week, but for workers across the economy, the topic was vital.
Evan Starr, assistant professor of management and organization at the University of Maryland’s Robert H. Smith School of Business, testified Tuesday before the House Committee on the Judiciary, Subcommittee on Antitrust, Commercial, and Administrative Law, about competition in labor markets.
Starr is one of the country’s leading experts on labor market competition, specifically the use of noncompete clauses. Under those clauses, employees are restricted from changing jobs within their industry or breaking out to start a company on their own.
The University of Maryland’s Robert H. Smith School of Business has appointed professor Wendy W. Moe as associate dean of master’s programs. In her new role she will serve on the dean’s senior leadership team and oversee all MBA and specialty master’s programs.
The first company that entrepreneur Jason Cohen ’96 launched was Mamma Says, a small but successful food manufacturing company that tucked a tiny bit of advice into every packaged biscotti. Like this one: “When your ship comes in, make sure you’re not waiting at the airport.”
It’s one of Cohen’s favorite sayings, he told graduates Wednesday at the winter commencement ceremony for the University of Maryland’s Robert H. Smith School of Business, and it has stayed with him for nearly 20 years.
“The point of this is that luck only happens day after day when you are at bat. Sitting at home and complaining or watching what other people are doing is not being at bat. Now it's time for you to be at bat and make your own luck,” he told graduates.
Lawrence Gordon, EY Alumni Professor of Managerial Accounting and Information Assurance at the University of Maryland’s Robert H. Smith School of Business discussed the Gordon-Loeb Model for Cybersecurity Investments at the University of Tokyo on Nov. 20, 2017.
Researchers Produce First Statistical Evidence that Certain Cyber Practices Can Reduce Specific Breaches
With cyberattacks on U.S. companies and customers proliferating in 2017, Supply Chain Management Center researchers at the University of Maryland’s Robert H. Smith School of Business have developed and effectively tested a process for organizations across all industries — for the first time — to self-assess their cybersecurity needs and vulnerabilities.
SMITH BRAIN TRUST — Leaders who search for ways to motivate their teams are focusing on the wrong thing, BB&T Chairman and CEO Kelly S. King said Sept. 26, 2017, at the University of Maryland's Robert H. Smith School of Business. "I can't motivate you," he said. "You can't motivate anyone else."
King said effective leaders focus instead on teaching beliefs, so people can govern themselves regardless of their motivation. At BB&T this means acceptance of 10 corporate values, which emphasize a growth mindset. "I teach beliefs," King said. "That's what I do."
Maybe those sky-high CEO salaries aren't an entirely bad thing. For years, critics have charged that the vast and widening gap between the pay packages for chief executives and a company's average employee (commonly referred to as the CEO pay ratio) is a moral failing on society. Others have claimed that it reflects a weak corporate governance structure, blaming boards of directors for heaping needlessly large compensation packets into the laps of top executives, at the expense of company productivity and profitability. New research suggests otherwise. Read more...
Information technology is often credited for its role in helping companies cut costs. However, new research by the Smith School's Sunil Mithas shows that information technology actually creates increased global profits through increased revenue, not through cost cuts. Read more...
Ever wonder how the Terminator would do picking stocks? Researchers at the Smith School might have the answer. Working with 900,000 financial news articles and a neural network, the researchers found they could predict stock returns for up to 13 weeks. Studies have long shown that share prices quickly respond to stock splits, earnings releases and other company news. Historically, prices responded to numerical information, such as revenue data or earnings per share. "And yet most information is textual. It's words. It's newspaper articles and financial press wires," says Smith School finance professor Steve Heston, who authored the study with Smith PhD graduate Nitish R. Sinha. And that led Heston and Sinha to ask the...