The Center for Global Business (CGB) announces that Ariel Rava, a PhD Candidate in the department of accounting and information assurance, has been awarded the 2022 PhD International Research Award. This award is made available by CIBE, a Title VI grant administered by the U.S. Department of Education, to support research in international business.
The International Research Award was created nine years ago to support doctoral candidates performing research on international business related topics. The Center for Global Business strongly encourages doctoral candidates to perform research related to global business, and this award provides the funding needed to assist with the significant costs associated with academic research.
Kislaya Prasad, research professor at Maryland Smith and academic director of CGB, says, “It is a pleasure to give this award to Ariel Rava for his doctoral work. We have all experienced the supply chain disruptions caused by the Covid-19 pandemic and the war in Ukraine. Rava proposes to study how the global supply chain is affected by political risk. This work is timely and relevant.”
Ariel Rava began the Smith PhD program in the fall 2017. His research interests include management guidance, financial reporting quality, ambiguity, economic political uncertainty, hierarchical linear models, environmental social and governance investing, and healthcare economics. Prior to joining the Smith PhD program, Rava earned his BA in Economics & Business and his MA in Financial Economics & Finance, from the Hebrew University of Jerusalem.
Speaking about his specific research, Rava wrote “International trade relies on an intricate network of supply chain relationships that involve navigating different political, legal, and regulatory environments. These environments expose firms working with international suppliers to frictions that may be hard to resolve through conventional approaches (e.g., contracting, vertical integration, equity ownership), which may work in certain settings but could be difficult to implement with foreign suppliers.” He continued, “I plan to explore whether firms can alleviate the risk of supply chain disruptions by appointing agents from their supplier countries to their boards and top management teams.”
The Center for Global Business at the Smith School of Business provides funding for PhD research that aligns with the mission of the CIBE grant, to contribute to the internationalization of business disciplines and/or the global competitiveness of U.S. businesses.
By Logan Lurie, undergraduate assistant, Center for Global Business
Media Relations Manager
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