Media Coverage: September 2005

The Ledger (Lakeland, Fla.) , 09/30/2005— J. Edward Ketz , associate professor of accounting, discusses what can be learned from a company's sales records. "Releasing sales alone at least provides some indication of growth — or the lack of growth," Ketz said. "But it overlooks the costs of the firm, and these are data (that) are quite important, too, which is why earnings announcements are more valuable than sales alone announcements." ( Badcock Revenue Reaches $515 Million ).

Harrisburg Patriot-News , 09/22/2005— J. Edward Ketz , associate professor of accounting, talks about write-offs. "Dr. J. Edward Ketz, an accounting professor at Penn State University, said the business world doesn't get too concerned over write-offs from an operational standpoint until they exceed about 4 percent of revenues." ( PUC Report Disputes Bill Claims By Utilities ).

Philadelphia Business Journal , 09/22/2005— Smeal mentioned regarding The Wall Street Journal 's business-school rankings. "Pennsylvania State University's Smeal College of Business was No. 33 on the Journal's 'regional' list, which ranked schools that attract corporate recruiters from the same region as the school." ( Wharton Still A Top School ).

Chicago Daily Herald , 09/18/2005— Smeal 's Management Alumni Network mentioned in an article about network member Stephen Bush. "A senior program manager for Northrop Grumman Corp., Bush brings more than 30 years of business experience to the board. He also serves on the Management Alumni Network of the Penn State Smeal College of Business." ( Dist. 26 Fills Vacant Board Position ).

Centre Daily Times , 09/18/2005— Third Klein Symposium is announced. Penn State's Smeal College of Business will host a three-day symposium to explore the international business strategies of small- to medium-sized companies that are thriving in today's global economy. Manuel Rosales, assistant administrator of the Office of International Trade within the Commerce Department's Small Business Administration, will kick off the public portion of the Third Klein Symposium on Oct. 14. ( PSU To Hold Symposium On Globalization ).

Centre Daily Times , 09/18/2005— Gerald Susman , associate dean for research, is profiled. Gerald Susman has been named associate dean for research at Penn State's Smeal College of Business. ( Business People: Education ).

Centre Daily Times , 09/17/2005— Milton Bergstein , associate professor emeritus of marketing, discusses Penn State football in the newspaper's "Penn State Memories" column. "Joe Paterno's second year as the head coach of the Nittany Lions showed a record of eight wins, two losses and one tie," Bergstein writes. "The tie, 17-17, was against Florida State's Seminoles in the Gator Bowl." ( Only Paterno Knows Rationale Behind Failed First-Down Try ).

Detroit Free Press , 09/17/2005— Fariborz Ghadar , director of the Center for Global Business Studies, discusses Wilbur L. Ross Jr. and the steel industry. International Steel is more stable than the separate companies before Ross bought them. "It's more competitive now," Ghadar said. "It's making money." But buyout firms like the one owned by Ross exist to make money. "He made a good deal," Ghadar said. ( Mogul Is A Parts Rebuilder ).

Marketing News TM , 09/15/2005— ISBM and the institute's research are mentioned. "The Institute for the Study of Business Markets (ISBM) at Penn State University's Smeal College of Business in University Park, Pa., is currently reviewing the research base for b-to-b. One of the areas I have suggested is 'how b-to-b organizations buy,' for I argue that it is radically different from what is in the textbooks, seminars and even the practices of many marketing and sales organizations." ( Old B-To-B Icons Clash With New Marketplace ).

Fort Wayne Journal Gazette , 09/11/2005— Fariborz Ghadar , director of the Center for Global Business Studies, discusses American companies competing in the global market. "If you do something well, globalization opens doors for you," he said. "If you're just mediocre, it hurts." ( Global Competition Challenging Area Firms ).

The Associated Press , 09/06/2005— Fariborz Ghadar , director of the Center for Global Business Studies, discusses Wachovia Corp., Bank of America Corp. and the banking industry. "Just how many big players can exist in this industry?" he said. "You either try to become one of the top two or three banks or you become a niche player. Consumers remember who is No. 1 or No. 2. They can't tell you who is No. 4 or 5." ( Dueling Bankers Compete With Less Fanfare ). This article also appeared in The Star-Ledger , The State , Los Angeles Daily News , and on approximately 40 Web sites.

Harrisburg Patriot-News , 09/02/2005— Ralph Oliva , executive director of the Institute for the Study of Business Markets, discusses Hurricane Katrina's impact on business. "Most of the suppliers that we work with are having to raise their prices upstream just to keep margins in the face of rising raw-materials costs and rising energy costs," said Ralph Oliva of the Institute for the Study of Business Markets at Penn State University's Smeal College of Business. ( Economy Gets Belted By Katrina ).

Marketing Management , September/October 2005 — Ralph Oliva , executive director of the Institute for the Study of Business Markets (ISBM), discusses the goals of the organization in an article announcing a new ISBM column that will run in Marketing Management . "We intend to be a catalyst for management and research experts to work together, profitably," he says. ( Total Focus And Partnership Roles For Success ).

SmartPros.com , September 2005— J. Edward Ketz , associate professor of accounting, discusses what little assistance OSHA provides to whisteblowers. "Many members of Congress think the Sarbanes-Oxley Act solved a problem with the financial reporting system. One of the so-called benefits from the bill was the protection of whistleblowers. Yet, the whistleblowers I talk with say otherwise. They get as much protection as deer from hunters during hunting season—they're allowed to run." ( Tooting The Horn For Those Who Blow The Whistle ).

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