News at Smith

Smith School In the News: 2020

Mar 09, 2020
World Class Faculty & Research


The Smith School's world-class faculty are routinely quoted in leading business and other media, while Smith's innovative programs and research projects also receive attention. Below are some highlights.

March 2020

Fast Company – March 6 – "Stop annoying people with these email greetings and sign-offs" quotes Associate Director of Executive MBA Career Coaching, Programming, and Outreach Rachel Loock: [Loock] also cautions against using "Warmly" or "Warm regards." ... "The email's content may have nothing to do with people who are considered warm," she says. "And 'Cheers' is only acceptable if you are British, Australian, or offering to buy the recipient a drink later." She adds that ending an email with "Thanks in advance" is presumptuous: "It makes the assumption that someone is going to fulfill the request that you've asked for in your email."

ComputerWorld – March 6 – "Facebook changes its Libra plans to include more cryptocurrencies" includes [Professor of the Practice Clifford Rossi] said Facebook's entry into the banking marketplace puts added pressure on commercial banks at a time when they are already scrambling to learn how to compete against nimbler, tech-savvy fintech companies.

Houston Chronicle – March 6 – 'American's are being mean to each other' op-ed quotes management professor Trevor Foulk, highlighting his research into rudeness as being contagious: "Some of the negotiations took place one after another, and some took place up to seven days apart…Even if negotiations were a week apart, the rudeness experienced in the previous negotiation still caused participants to be rude in their next negotiation."

Science Magazine (Scienmag) – March 6 – From "Scholars Explore Role of Digital Environments In International Marketing": Global marketers are under incredible pressure to keep up with dramatic shifts in customer journeys, observe Hyoryung Nam, (University of Washington) and P.K. Kannan (University of Maryland).

InvestorPlace – March 4 – Clinical Professor of Finance David Kass weighs in regarding the coronavirus effect on stocks in "7 U.S. Stocks to Buy on Coronavirus Weakness": "The worldwide fear of the coronavirus is likely to result in the outperformance of health stocks in the near future … [but] biotech stocks trying to develop a vaccine for this virus … have already had large stocks moves to the upside. Instead of those highly visible potential beneficiaries of the spreading of this disease, I suggest looking elsewhere within the healthcare sector."

Forbes – March 3 – Forbes – Rudolph P. Lamone Chair and Professor in Entrepreneurship Rajshree Agarwal writes op-ed "Being Successful And Self-Serving By Checking Your Bias." – March 3 – "Research Finds Bias Against Job Candidates Motivated by Pay, Benefits" overviews a new study co-authored by management professor Rellie Derfler-Rozin. Related: 'Hiring managers seek motivation purity," via Maryland Today.

Business Insider's Markets Insider – March 2 – Management and entrepreneurship professor Brent Goldfarb comments for "Should You Invest in Reg A+ Startups?": [Goldfarb] has his own reservations about the sorts of companies found on equity crowdfunding sites: "Crowdfunded companies are very high risk, and, as is the case with most entrepreneurial ventures, are more likely than not to fail. Hence, as such, companies in aggregate should only comprise a small percentage of their investments. This thinking sits behind the SEC's crowdfunding rules, as well as the rules that determine which investors qualify as accredited. In general, investors who invest broadly in the public markets by buying index-based securities will outperform investors who invest in startups, including crowdfunded startups. Admittedly, investing in startups on crowdfunding platforms or otherwise is more fun."

Science Magazine (Scienmag) – March 2 – In 'The 'Monday effect' is real,' research co-authored by Logistics, Business and Public Policy Professor and Chair Martin Dresner finds the "Monday Effect" – that letdown of returning to work after a weekend, which is documented to impact finance, productivity and psychology – also negatively affects supply chains.

February 2020

CNN – Feb. 29 – "Tired of Leap Day," about the proposed Hanke-Henry Permanent Calendar, quotes management and entrepreneurship professor Brent Goldfarb: [Goldfarb] is skeptical of the HHPC. He told the Baltimore Sun the calendar isn't "practically important." "Just as the United States was unable to shift to the metric system, I see little chance that we'd all change our calendars, computer programs and intuitive thinking to get rid of leap years and have a constant calendar," he told the paper.

Baltimore Sun – Feb. 28 –Amid coronavirus fears, stocks of Maryland-based companies plunge with broader market” quotes Clinical Professor of Finance David Kass:  “There is a lot of uncertainty,” said [Kass] No one knows the degree that Americans or any company will be affected. ... There’s concern over, ‘How bad will this get?’ and ‘When will it end?’ ... “Most stock investors, I recommend, be long term,” he said. “Short-term traders and speculators I can see being concerned. I believe the coronavirus probably will be resolved for the most part in a year," after more medical interventions are developed and available. “The economy will start recovering and so would the stock market.” … Kass said Maryland companies’ stock sell-offs, in line with the broader market, show “the market believes that they’re not any more vulnerable to the coronavirus than the rest of the economy on average."

InvestorPlace – Feb. 26 – Albert "Pete" Kyle, the Charles E. Smith Chair Professor of Finance, comments extensively in 'How Blockchain Can Revolutionize Private Equity': "Private equity is inaccessible to individual investors because it is costly for investors, large or small, to monitor less regulated and opaque private equity investments and because it is difficult for private equity fund managers or private companies to manage large numbers of investors and shareholders. Blockchain can make it easy for individual investors to purchase a stake in a company or a fund."The flip side, according to Kyle, is that "[blockchain] does not make it easier for the individual investor to obtain information about the quality of the fund or the investment. Instead, it makes it easier for the fund or the private company to keep track of who their investors are by creating a potentially transparent cap table."

Baltimore CityBizList – Feb. 28 – Professor of the Practice Clifford Rossi gives mortgage advice in "Keys to refinancing decision with mortgage rates low." Also at Financial Times' Company Announcements, more.

E-Commerce Times – Feb. 26 – "Amazon Goes Big with Automated Grocery Store" includes insights from Distinguished University Professor and PepsiCo Chair in Consumer Science Michel Wedel.

Satoshi Nakamoto Blog – Feb. 26 – "How to future-proof your IT career in the age of AI" references research by Vojislav Maksimovic (William A. Longbrake Chair in Finance) and Roland Rust (Distinguished University Professor and David Bruce Smith Chair in Marketing): AI is already taking some jobs and will create a need for tech staff with strong skills like "people management, working with others, emotional intelligence and negotiation skills," according to a report from the business school at the University of Maryland…

Forge Magazine – Feb. 24 – "Teach your children to manage up" quotes management professor Rellie Derfler-Rozin: Remind your child that the adult, like it or not, is actually in charge — but that this can be used in your kid's favor. When two parties hold unequal power in a negotiation, the weaker party can often improve their position by declaring their powerlessness and seeking help. "Sometimes it's helpful to show complete powerlessness rather than trying to say, 'I have control and I can complain about you,'" advises [Derfler-Rozin]. "They feel worse not coming to your help if they have power over you."

Baltimore Sun – Feb. 23 – 'Get rid of leap days…Hopkins professors propose a new calendar' quotes management and entrepreneurship professor Brent Goldfarb: "Whatever the merits of this calendar, it is not practically important… "It is extraordinarily difficult to change these sorts of conventions without some sort of government coercion, and even then, it is hard," Goldfarb said. "Just as the United States was unable to shift to the metric system, I see little chance that we'd change all our calendars, computer programs, and intuitive thinking to get rid of leap years and have a constant calendar." ...Republished by the Miami Herald, Seattle Times, New York Daily News, others.

Talk Markets – Feb. 22 – Clinical Professor of Finance David Kass guest blogs '10 highlights of Warren Buffet's letter to shareholders." Related: Kass guest blogs "30 highlights of Warren Buffett on CNBC," via ValueWalk.

Baltimore Sun – Feb. 21 – "Maryland universities worry coronavirus outbreak in China could prevent foreign students from getting here" includes: The university's Robert H. Smith School of Business is exploring ways to accommodate students affected by a travel ban and is considering online courses and a winter start date if students are unable to secure visas by August, Dean Ritu Agarwal said in an email.

Mirage News (Australia) – Feb. 21 – "Pictures that are worth a thousand donations" covers research by information systems professor Kunpeng Zhang and co-authors that explores how incorporating images that evoke sadness or contentment spurs donations to online crowdfunding campaigns.

Barron's – Feb. 21 – Clinical Professor of Finance David Kass, in "Letters to Barron's," comments on Berkshire Hathaway's investment strategy and outlook.

Forbes – Feb. 18 – Rudolph P. Lamone Chair and Professor in Entrepreneurship Rajshree Agarwal writes op-ed "Making the world better by creating markets."

Capo Vela (cycling blog) – Feb. 18 – Research co-authored by information systems professor Ashish Kabra is summarized in "Why easy access is key to a successful bike-share program."

Virgin Islands Consortium News – Feb. 13 – Executive Communication Coach Tricia Homer comments regarding a forthcoming workshop "to bring social impact programming to U.S. Virgin Islands": "We want every talented innovator in the Virgin Islands to have access to the resources, tools, and networks they need to help solve our biggest problems."

HrNxt (India) – Feb. 10 – "Four-day week work: The future of work?" quotes Professor of the Practice in Systems Thinking and Design J. Gerald Suarez.

Business A.M. (Nigeria) – Feb. 10 – 'The founding team is a real magic bullet' covers research co-authored by management professors Rajshree Agarwal, Brent Goldfarb and Gilad Chen.

Monster – Feb. 10 – "10 Best Interview Tips to Live by" includes advice from Associate Director of Executive MBA Career Coaching, Programming, and Outreach Rachel Loock: Part of arriving fully prepared entails bringing all the things that you need to make a great first impression. Make sure to take the following items with you to job interviews: Several copies of your resume. You may meet more employees that you originally expected to, says [Look].

TalkMarkets – Feb. 7 – Clinical Professor of Finance David Kass guest blogs "The 1-Year Rate Of Return On Berkshire's Top 10 Stocks."

Multibriefs – Feb. 6 – Professor of the Practice in Systems Thinking and Design J. Gerald Suarez gives guidelines for "How to weigh and implement the 4-day workweek."

Newsy – Feb. 6 – "Gretchen Carlson Urges 2020 Candidates To End NDAs" includes insights from management professor Evan Starr: "Often workers do not know what the law is, and when they sign a contract, when it's in the fine print, they've consented to it. In some sense, that is what does the harm already because they imbue that contract with a sense of power," said [Starr]. Some change has already been in place, though…But there's still no way to fully measure what sort of impact NDAs have had on the workforce. "I think we're at a moment in our history where we're beginning to learn about the prevalence of NDAs and how commonly they are being used, outside of the typical purposes," Starr said.

Il Sole 24 Ore (Italy) – Feb. 6 – "Big data: the future passes through here" references analytics-gender pay research by Assistant Professor of Management Science and Statistics Margret Bjarnadottir.

Media Post's Marketing Insider – Feb. 5 – Clinical Professor of Marketing Hank Boyd writes "How Ads Can Leverage Verisimilitude," based on the recent history of Super Bowl advertising.

WalletHub – Feb. 4 – "When is the U.S. switching to chip and PIN credit cards?" includes Q&A with Clinical Associate Professor of Finance Elinda Kiss.

Maryland Today – Feb. 3 – "Scoring the Super Bowl Ads" features post-Super Bowl telecast commentary by marketing professors Amna Kirmani, Judy Frels and Hank Boyd.

January 2020

Baltimore Sun — Jan. 30 — Interim Dean and CHIDS co-director Ritu Agarwal and Professor/CHIDS co-director Gordon Gao weigh in on coronavirus messaging in ‘First person tested in Maryland for coronavirus is negative’: Generally during a health crisis people should look to a trusted source such as the CDC and not “random social media posts,” cautioned [Agarwal] “In a situation that is evolving as quickly as the one we are facing now, there is a danger here, a lot of misinformation lurking around,” she said. “Look to the one trusted and credible source of information.” [Gao], a professor and co-director of the center, said people should be “data-savvy” and get context. Numbers can be scary and even deceiving alone, he said.

Science Daily — Jan. 30 — The paper “Bike-Share Systems: Accessibility and Availability,” co-authored by Department of Decision, Operations and Information Systems professor Ashish Kabra is overviewed.

Baltimore Sun — Jan. 29 — Clinical Professor of Marketing Hank Boyd comments in “Ravens QB Lamar Jackson isn’t signed to a big sports brand. That’s likely to change soon”: Brands courting Jackson might want to explore partnerships that incorporate his existing clothing lines, said [Boyd]. “With social media, we’re all crafting our own brands. It’s a whole different age," Boyd said. …Also at Yahoo Sports, Sacramento Bee, ArcaMax.

Forbes — Jan. 28 — Rajshree Agarwal, Rudolph P. Lamone Chair and Professor in Entrepreneurship, writes “Killing Dialogue With Claims Of Oppression .”

CommPro Biz — Jan. 28 — Clinical Professor of Marketing Hank Boyd writes “Strategy for Super Bowl brands as Bloomberg duels Trump.”

Business Insider/Markets Insider — Jan. 23 — Clinical Professor of Finance David Kass and Assistant Dean for Part-Time MBA and Online Programs Paulo Prochno separately describe the effectiveness of General Electric CEO Larry Culp in "Is JPMorgan right to call the GE stock price wrong?” Originally published by InvestorPlace.

Issues in Science and Technology — Jan. 22 — Management and entrepreneurship professors Brent Goldfarb and David Kirsch co-author a “Combatting Tech Hype” essay in the magazine’s forum section.

Fortune — Jan. 17 — ‘NBC's Peacock free streaming a real threat to Hulu’ is fed by marketing professor P.K. Kannan: “Hulu is an outlet for content makers who don't have their own streaming service. But now that all these content producers have their own streaming service, why do they need a middleman?” says [Kannan]. "In the streaming wars, the people who produce content have the power." Also at Daily Gaming News.

European Business Review — Jan. 14 — “Start-ups: The Founding Team Is a Real Magic Bullet” overviews research newly published in Academy of Management Annals and co-authored by Rajshree Agarwal (Rudolph P. Lamone Chair and Professor in Entrepreneurship), Brent Goldfarb (Associate Professor of Management and Entrepreneurship) and Gilad Chen (Robert H. Smith Chair in Organization Behavior).

Washington Examiner — Jan. 14 — Management professor Evan Starr is quoted and his research cited in “FTC weighs restricting noncompete agreements to boost worker job prospects”: A study [by Starr] on Oregon's hourly paid workers after the state banned noncompetes suggested that such a policy would provide a significant pay raise to low-income earners. "The average worker would be better off if they banned noncompetes. This is widely agreed upon by everyone, on both sides of the aisle, Democrats and Republicans,” said [Starr]. Starr was invited to speak at the FTC last week during its "Noncompetes in the Workplace" event.

Yahoo Finance — Jan. 13 — Michael D. Dingman Chair in Strategy and Entrepreneurship Anil K. Gupta comments, via The First Trade, on the U.S.-China ‘phase one’ deal in Why we won't get a Phase 2 trade deal 'until sometime in 2021': “Substantively there’s not a whole lot here. It’s more about calling a truce. It removes some of the uncertainty…at least until after the elections.” — Jan. 13 — How retailers can make more money in online auctions summarizes management professor Wedad Elmharaby’s “Managing Market Thickness in Online B2B Markets” paper in Management Science. Coverage also at Eurasia Review.

ValueWalk — Jan. 12 — Clinical Professor of Finance David Kass guest blogs about ‘6 largest market capitalizations.’

Wall Street Journal — Jan. 8 — A “Realtime Economics” roundup (scroll down) cites management professor Evan Starr’s presentation of his paper “Low Wage Workers and the Enforceability of Covenants Not to Compete” at a conference hosted by the American Economic Association.

NewsMax — Jan. 7 — Clinical Professor of Finance David Kass is quoted in “2019 was worst year in decade for Buffett’s Berkshire”: on “He’s just not going to throw the money out and earn a rate of return below what his minimum target is,” [said Kass]. “He is Buffett because he’s patient.”

Techonomy — Jan. 5 — Adjunct finance professor Ryan Guttridge co-authors “Big Tech and Media in 2020: What to Expect.”

Yahoo Finance — Jan. 2 — Clinical Professor of Finance David Kass weighs in, via The First Trade, regarding financial market implications of ‘Carlos Ghosn’s bizarre escape from Japan’: But at a bare minimum, Ghosn’s odd story has probably kept alive an ongoing discussion in countless board rooms about doing business in Japan. “There is a concern that business leaders from other countries who are executives in Japan would be treated very differently than Japanese CEOs or executives. It looks like there could be a double standard... and this could discourage investment by those locating to Japan,” [Kass said].

American Libraries Magazine — Jan. 2 — EMBA Program Academic Director Rob Sheehan and his ‘Mission Impact’ book are cited by American Libraries Association Executive Director Mary Ghikas in her “Reflecting on Our Mission” op-ed: “[Sheehan] outlines a ‘mission accomplishment’ approach to articulating and measuring impact. Sheehan defines carrying out a mission as the “core purpose” of an organization, and nonprofits must measure the progress toward achieving that mission. He defines ‘mission gap’—which we should collectively seek to close—as the difference between the ideal and the current reality.”


About the University of Maryland's Robert H. Smith School of Business

The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and part-time MBA, executive MBA, online MBA, specialty master's, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.