Media Coverage: April 2007

BusinessWeek.com, 04/30/2007—Article on the Duke MBA cheating incident mentions the Smeal Honor Code. "Students at the Thunderbird School of Global Management sign a Professional Oath of Honor similar to doctors' Hippocratic Oath, while Penn State created an honor committee of students and faculty last year to help foster academic integrity on campus." (Duke MBAs Fail Ethics Test).

The Journal Of Commerce, 04/30/2007—William "Skip" Grenoble, executive director of the Center for Supply Chain Research, comments on supply chain benchmarking. "Our research has found that benchmarking is important to the development and refinement of supply chain strategies, yet can be a challenge to implement," Grenoble said. (Keeping SCOR). This article also appeared in Pacific Shipper and Florida Shipper.

BusinessWeek.com, 04/26/2007—Anthony Kwasnica, associate professor of business economics, comments on his research using futures markets to predict the weather. "As an economist, I don't care that much about weather. I want to learn about markets," Kwasnica said. "I want to know what makes markets tick." (Sunny Skies For Weather Futures).

SearchSecurity.com, 04/26/2007—Janine Spears, Ph.D. candidate in supply chain and informationtion systems, comments on her research into the security impact of Sarbanes-Oxley. "Those companies that were already on the ball generally did not need legislative prompting," said Spears. "In some cases, companies may even be discouraged from performing beyond baseline security requirements. However, laggards may need external pressure (from laws, suppliers, etc.) to prompt them to meet at least a baseline." (President's ID Theft Task Force Gets Mixed Review).

The Daily Collegian, 04/25/2007—Robin Stevens, director of corporate relations, comments on fraudulent businesses attempting to recruit students. "If [a job] looks too good to be true, it probably is," she said. "You should be skeptical if a company asks you to sign a contract or to pay money up front. You have to read all of the small print." (Officials: Beware Of Fraudulent Companies).

The Daily Collegian, 04/24/2007—Article on the Smeal undergraduate competition The Next CEO. "Alex Herman was nervous, and with good reason. He was the 'CEO' of Lockheed Martin and was about to be grilled by a five-person panel about what his company was doing to help improve immigration reform, education, and basic scientific research. ... He nailed his answer, which helped him win the title of 'The Next CEO.'" ('The Next CEO' Challenges Students With Real-World Scenarios).

Pittsburgh Post-Gazette, 04/22/2007—Article on research by Abdullah Yavas, Elliott professor of business administration. "Yan Chang and Abdullah Yavas set out to describe consumers' behavior, not to give advice about whether one should pay discount points. Even so, their research can be boiled down to this: Think hard before you pay discount points, and if you do, don't hesitate to refinance." (Are Mortgage Discount Points Worth The Risk To Buyers?).

Centre Daily Times, 04/22/2007—News brief on the Penn State Marketing Association, a Smeal student organization. "The Penn State Marketing Association, a student organization in the Smeal College of Business, recently won several national awards at the American Marketing Association International Collegiate Conference." (Smeal Students Win Top Honors).

WATM-TV, 04/19/2007—Andrew Bergstein, instructor in marketing, talked about the presence of Smeal alumni in the sports industry during a package covering the sports business event held at Smeal. This interview also appeared on WWCP-TV.

The Wall Street Journal, 04/18/2007—J. Edward Ketz, associate professor of accounting, comments on Blackstone Group's use of fair-value accounting. "I have no idea why people are forgetting the lessons of 2002 so quickly," said Ketz. (Blackstone Tests Fairness of Using 'Fair Value' Rule). This article also appeared in The Wall Street Journal Europe and Canada's Globe and Mail.

United Press International, 04/09/2007—Fariborz Ghadar, director of the Center for Global Business Studies, comments on Indian biotechnology business. "The Indian biotechnology sector will not need to choose between domestic health needs and the global marketplace, Ghadar said. 'I think the market's going to grow so rapidly in India that you're going to see all of the above.'" (Analysis: India's Biotech 'Baby Elephant').

The Wall Street Journal, 04/03/2007—Article mentions research being conducted by John Liechty, associate professor of marketing and statistics. "[Liechty] sees 'a lot of interest' in using GPUs to solve complex financial problems, such as making predictions about the price of derivative securities—partly because the GPU makers can afford to improve their products because of revenue from the gaming business." (Gaming Chips Head To Office). This article also appeared in The Wall Street Journal Asia and The Wall Street Journal Europe.

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