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July 2007

Op-Ed: Planning The Right Job Exit Strategy
 
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.
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.
Smeal Announces Faculty Promotions, Tenure
Penn State's Smeal College of Business has awarded promotions and tenure to several faculty members, effective today.
In Memoriam: Robert W. Koehler, 1936-2007
Robert W. Koehler, associate professor emeritus of accounting at Penn State's Smeal College of Business, joined the Smeal faculty in 1963. For more than 40 years, "Bear," as he was known to friends and students alike, served Penn State and its students as one of Smeal's most beloved professors.
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.
Smith Named Accounting Alumnus of the Year
Charles H. Smith, KPMG Professor Emeritus of Accounting, was named the Penn State Accounting Alumnus of the Year for 2007 at the Robert W. Koehler Beta Alpha Psi Banquet held today.
Huddart Named KPMG Professor Of Accounting
Steven Huddart, an accounting faculty member at Penn State's Smeal College of Business, has been named KPMG Professor of Accounting, a title formerly held by Charles Smith, who retired in June 2006.
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.
Smeal MBA Student To Appear On CNBC's 'Fast Money' Friday
A Smeal College of Business MBA student is scheduled to appear on the CNBC program "Fast Money" on Friday during the show's "Grade the Trade" segment.
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