Smith Faculty on the Finance Crisis

Smith School faculty have been actively involved in advising key players and proposing potential solutions to the finance crisis. Albert “Pete” Kyle, Smith Chair Professor of Finance, worked as an expert for the SEC in conjunction with the OIG report on the collapse of Bear Stearns, briefing congressional staffers for Henry Waxman’s Committee on Government Oversight. Kyle and Haluk Unal, professor of finance, held a briefing session for members of the Senate and House Committees on Banking, reporters from Business Week, Dow Jones and U.S.

Featured Researchers

Kathryn M. Bartol, Robert H. Smith Professor of Management and Organization, received her PhD from Michigan State University. She is the past dean of the fellows of the Academy of Management, as well as a past president of the Academy of Management. Her research focuses on knowledge sharing; networks and influence; leadership and empowerment; virtual teams and vital work relationships; information technology and organizations; and rewards, retention, and creativity.

Smith Professor Named University’s Outstanding Faculty Educator

University of Maryland students and their parents selected Mark Wellman, Tyser Teaching Fellow, for the University of Maryland’s 2008 Outstanding Faculty Educator Award. The award is presented each year by the Maryland Parents Association to honor a faculty member who demonstrates a deep commitment to providing an exemplary education experience for students.

Faculty Awards and Honors

Doron Avramov, associate professor of finance, received a Q-group award for his paper, “Credit Ratings and the Cross Section of Stock Returns.” Hui Lao, associate professor of management and organization, received the 2009 Distinguished Early Career Contributions Award from the Society of Industrial and Organizational Psychology (SIOP) in recognition of her research.

Preparing a new generation of scholars

Last year, the Smith School committed $12 million in additional resources to its PhD program. The program is also benefiting from new leadership: Debra Shapiro, Clarice Smith Professor of Management and Organization, became director of the Smith School’s PhD program July 1, 2008.

Earning surprises and information asymmetry

Research by Stephen Brown

Causes and consequences of initial network positions

Research by Benjamin Hallen

Coming Forward

Research by Ken Smith and Kay Bartol

Research@Smith: Spring 2009

Coming Forward Industry norms are more effective than sanctions in encouraging good corporate behavior. Causes and Consequences of Initial Network Positions Who you know matters, but only within the first year of the new venture’s life. Earnings Surprises and Information Asymmetry New evidence shows how earnings surprises affect a stock’s investment visibility and trading activity. Doctoral Program Faculty Awards and Honors, Conferences Wellman Teaching Award CHIDS Research Briefing Featured Researchers

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