Leaders for the Digital Economy was adopted as the Smith Schools tag line in 2003.
The Quality Enhancement Systems and Teams (QUEST) retreat gave 75 incoming sophomores their first taste of life in the QUEST program. The two-day offsite experience is held at Camp Horizons in Harrisonburg, Virginia, and is a bit like a corporate retreat and a bit like a college class mixed up with a healthy dose of summer camp.
The University of Maryland's Robert H. Smith School of Business has partnered with Reuters to deliver the first-ever external certification program for Reuters 3000 Xtra, the company's high-speed, high-performance information service for finance professionals.
Multinational corporations are an increasingly important source of production and employment in industrialized countries. These firms have higher accounting profits, higher stock market valuations and higher advertising and R&D than firms that only produce and sell domestically. In their paper, “Growth, Capital Market Development and Competition for Resources within MNCs,” Susan Feinberg, assistant professor of international business, and Gordon Phillips, professor of finance, look at the factors that affect the growth of these firms.
Gerard Hoberg, assistant professor of finance, is one of many academians exploring the lines between ethical and unethical conduct in the wake of the spectacular corporate scandals of recent times. In his paper, “Strategic Underwriting in Initial Public Offers,” Hoberg examines IPO underpricing, partial adjustment phenomenon and underwriter persistence. His is believed to be the first study to document that some underwriters persistently experience initial returns that are higher than others—significantly higher, in fact.