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July 2007

Latest News: July 2007

Smeal Launches Executive Education Program For Women

Penn State Executive Programs at the Smeal College of Business will launch a new executive education program this fall designed specifically for women and focusing on the unique challenges and opportunities that women face in their work environments. Executive Program for Women Leaders, conducted in alliance with SHAMBAUGH Leadership, will be held October 8-12 on Penn State's University Park campus.

Dirsmith Earns National Accounting Honor

Mark Dirsmith, Deloitte Professor of Accounting at Penn State's Smeal College of Business, has been named recipient of the American Accounting Association's ABO Section Notable Contribution Award in Behavioral Accounting Literature. The award is a lifetime contribution award and is given to exceptional individuals who have made significant contributions in the behavioral accounting literature.

Study Measures Narcissistic CEOs' Effect On Corporate Strategy, Performance

Companies led by more narcissistic chief executives tend to make more frequent strategy changes, undertake larger and more frequent acquisitions, and have more extreme and irregular fluctuations in performance, according to new research from Penn State's Smeal College of Business.

Study Urges Compensation-Based Approach To Drug Patent Compulsory Licensing

A new paper by a professor at Penn State's Smeal College of Business argues that ambiguous international rules outlining when and how governments may "break" pharmaceutical patents may end up significantly reducing incentives for innovation while at the same time failing to increase access to medicines.

Op-Ed: Planning The Right Job Exit Strategy

Pat Cataldo, associate dean for executive education, writes: "It really doesn't matter who makes the decision for you to move on, you or your employer. Either way, you need to make a life transition and make sure that the path remains clear, both ways, backward and forward. Parting with style, aplomb, grace, and good feelings may some day prove to be critical to your personal success or the success of your new employer. You just never know for sure."

Smeal Announces Faculty Promotions, Tenure

Penn State's Smeal College of Business has awarded promotions and tenure to several faculty members. From associate professor to full professor: Orie Baron, professor of accounting; and Rajdeep Grewal, professor of marketing. From assistant professor to associate professor with tenure: Daniel Cahoy, associate professor of business law; Henock Louis, associate professor of accounting; and Michelle Lowry, associate professor of finance.

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