October 2004

Media Coverage: October 2004

National Public Radio , 10/26/2004— Keith Crocker , William Elliott Chaired Professor of Insurance and Risk Management, discusses the fate of Jeffrey Greenberg, who stepped down as head of insurance broker Marsh & McLennan. "His company has lost about half of its market capitalization in the last week," Crocker says. "This is on his watch, and fair or not, the responsibility rests with him" ( Head Of Largest Insurance Company Resigns ). Read more about Crocker at http://php.smeal.psu.edu/smeal/dirbio/displayBio.php?t_user_id=ist .

United Press International , 10/25/2004— Daniel Cahoy , assistant professor of business law, and his research on the liabilities facing government-run plans to import U.S.-manufactured pharmaceuticals are featured. "There is no reason that this basic protection of property rights should not extend to intangible property like patents when a trespass or infringement is proven," Cahoy says ( Pennsylvania Researchers Say The Importation Of Low-Cost Drugs From Canada Is Far More Difficult Than Many Realize ). Read more about Cahoy at http://php.smeal.psu.edu/smeal/dirbio/displayBio.php?t_user_id=drc13 .

New York Post , 10/24/2004— Judy Olian , dean of the Smeal College, discusses the inability of some executives to retire permanently. "A lot of times when companies are in crisis, they don't want to suffer the uncertainly of trying someone they don't know," she says. With former executives "they can crash full speed ahead in terms of battling the storm" ( Rehirement Age ). Read more about Olian at http://php.smeal.psu.edu/smeal/dirbio/displayBio.php?t_user_id=jdo10 .

Scripps Howard News Service , 10/22/2004— Judy Olian , dean of the Smeal College, writes in her regular column that "65 percent of women (compared to 82 percent of men) believe that opportunities for women have at least somewhat improved over the last five years. OKso things might be a little better, but isn't it disheartening, not to mention unacceptable, that women still report experiencing such arcane barriers to their success?" ( Do Women Aspire To Lead? ) The column also appeared in the Centre Daily Times . Read it at http://www.smeal.psu.edu/news/releases/oct04/aspire.html .

Scripps Howard News Service , 10/22/2004— Albert Vicere , professor of strategic leadership, writes in his regular column that "for years, experts have been pointing to a crisis in leadership. But this isn't a crisis of accountability, it is a crisis of availability. We're running short of leaders" ( Talent Management Key To Filling Leadership Gap ). The column also appeared on the Web site of the Record Searchlight . Read it at http://www.smeal.psu.edu/news/releases/oct04/opedtal.html .

SeniorJournal.com , 10/22/2004— Daniel Cahoy , assistant professor of business law, and his research on the liabilities facing government-run plans to import U.S.-manufactured pharmaceuticals are featured. According to Cahoy, U.S. law gives patent owners the right to exclude importation of patented drugs without their authority. Although state governments are immune to patent lawsuits in federal court (city and county governments are not), he points out that patent holders have other legal options through their constitutional rights as personal property owners ( Patent Law May Prevent Drug Importation That Seniors Want ).

Christian Science Monitor , 10/20/2004— Keith Crocker , William Elliott Chaired Professor of Insurance and Risk Management, discusses the controversial role of contingent commissions in the insurance industry following a civil suit against broker Marsh & McLennan. "This is an earthquake," Crocker says. "It's been clear that contingent commissions have represented a potential conflict of interest for years" ( Rigged Bids: How Common A Practice? ).

Daily Collegian , 10/18/2004— Mark Dirsmith , Deloitte & Touche Professor of Accounting, discusses the role of advising to undergraduate students. The college re-organized its advising department two years ago to grant students more specialized assistance. "We could be used more," Dirsmith says. "Students tend to rely on other students for advice" ( Student Survey Shows Problems In Advising ). Read more about Dirsmith at http://php.smeal.psu.edu/smeal/dirbio/displayBio.php?t_user_id=eu3 .

CBS MarketWatch , 10/16/2004— J. Edward Ketz , associate professor of accounting, discusses the role of the SEC if John Kerry wins the presidential election. "If Kerry wins," he says, "I think we'd see the SEC be far more active than we've seen it in a long time" ( Sharpened Teeth: SEC Expected To Be More Aggressive Under Kerry ). Read more about Ketz at http://php.smeal.psu.edu/smeal/dirbio/displayBio.php?t_user_id=k55 .

Newhouse News Service , 10/13/2004— Fariborz Ghadar , director of the Center for Global Business Studies, discusses the ability of the president to change the state of the economy. With the help of Congress, Ghadar says, presidents can raise or lower taxes, cut regulations, and boost or reduce federal spending. "But none of this is really that quick" ( Despite Promises, Presidents Have Little Control Over Economy In Short Term ). The article appeared on the Web sites of the Boulder Daily Camera , the Patriot-News , and the Times Picayune . Read more about the Center for Global Business Studies at http://www.smeal.psu.edu/cgbs/index.html .

Centre Daily Times , 10/9/2004— A lecture by James Clifton , CEO of the Gallup Organization, is discussed as it pertains to the presidential election. "It's possible Bush could win the popular vote and Kerry could win the electorate. That's how close it is," Clifton says. "That's how unique this race is." The lecture was sponsored by Penn State Executive Programs and the Smeal College Department of Marketing ( Gallup Chief Can't Yet Make A Call On Election ). Read more about the lecture at http://www.smeal.psu.edu/news/releases/sep04/gallup.html .

Scripps Howard News Service , 9/8/2004— Albert Vicere , professor of strategic leadership, writes in his regular column that "there are regular cycles in the business world: times of growth, times of retrenchment, and times to challenge the value of the MBA degree, which has long been the ticket to a top leadership position in corporate America" ( Not All MBA Programs Are Created Equal ). The column also appeared in the Pittsburgh Post-Gazette and the Commercial Appeal . Read it at http://www.smeal.psu.edu/news/releases/oct04/oped.html .

Pittsburgh Post-Gazette , 10/7/2004— Fariborz Ghadar , director of the Center for Global Business Studies, discusses the impact of the economy on the upcoming election. "Here's New Jersey, which traditionally votes Democratic, but because the economy is booming, they are saying, 'Well, maybe these Republican guys aren't so bad,' " Ghadar says. "Then here's Ohio, traditionally Republican, that's not doing so good, so people may be more willing to make a change. I can guarantee you if Ohio's economy was doing what New Jersey's was doing, it wouldn't even be on the [Democrat's] radar screen" ( 3 States, 3 Economic Stories ).

MSI Magazine , 10/4/2004— John Coyle , professor emeritus of supply chain and information systems, discusses trade compliance and its connection to the bottom line. He estimates that in 2001, American importers and exporters left unclaimed as much as $10 billion in duty drawback. "Maybe they couldn't get all of it back, but a significant proportion could be reclaimed if companies kept better track of things" Coyle says ( The Technology Of International Trade Compliance ). Read more about Coyle at http://php.smeal.psu.edu/smeal/dirbio/displayBio.php?t_user_id=jjc1 .

Scripps Howard News Service , 10/01/2004— Judy Olian , dean of the Smeal College, writes in her regular column that "H-1B visas are a temporary labor pool solution that is consistent with the shift to global markets, where skilled workers pass each other at borders, in and out of local markets. These visas may also represent an opportunity for American labor if they enable companies to remain state-side rather than shutting down to move off-shore in search of the right talent." According to Olian, clamping down on H-1B visas is not an appropriate solution ( The Business Case For Welcoming Foreign Professionals ). The column also appeared in the Centre Daily Times and Pittsburgh Post-Gazette . Read it at http://www.smeal.psu.edu/news/releases/oct04/welcome.html .

Money , October 2004— Abdullah Yavas , William Elliott Professor of Real Estate, discusses commission rates in the real estate industry. According to Yavas, the survival of the 6 percent commission is due in large part to the boycotting of discounters by full-price agents. He contends that the absence of price competition has led to too many agents chasing a limited number of clients ( The 4 1/2% Solution ). Read more about Yavas at http://php.smeal.psu.edu/smeal/dirbio/displayBio.php?t_user_id=axy1 .

Chief Learning Officer , October 2004— Albert Vicere , professor of strategic leadership, discusses 3M's view on development, drawn from his experiences working with the company. "They had Jim (McNerney) as the CEO who saw the value of linking the processes, and that can make all the difference. He set the tone for the entire organization" ( The Strategic Role Of Executive Development ). Read more about Vicere at http://php.smeal.psu.edu/smeal/dirbio/displayBio.php?t_user_id=aav1 .

October 2004

Media Coverage: October 2004

Archive

Document Actions