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Released: 13-Feb-1998 12:00 AM EST
Boston College's Carroll School of Management Receives $477,000 Grant From GE Fund for Innovative Curriculum Development Program
Boston College, Carroll School of Management

Boston College's Carroll School of Management has been awarded a $477,000 grant from the GE Fund "Learning Excellence" program to develop an innovative curriculum plan promoting interdisciplinary approaches to the solution of corporate business problems.

Released: 13-Feb-1998 12:00 AM EST
Farmers Find Internet Latest Way to Talk over the Fence
Purdue University

Surveys show that farmers haven't grabbed hold of the Internet to the extent that the general population has, but many in agriculture expect that to change as the benefits of linking rural farms and businesses electronically becomes more apparent.

Released: 11-Feb-1998 12:00 AM EST
The Internet Over-Hyped as a Source for Tax Advice
Rider University

Professional tax preparers have been warned, and consumers would do well to heed the advice: income tax information you find on the World Wide Web is likely to be old, out-of-date, and just plain wrong, according to Alan Sumutka, professor of accounting at Rider University in Lawrenceville, NJ.

Released: 10-Feb-1998 12:00 AM EST
Leadership in the workplace examined in new book edited by Notre Dame professor
University of Notre Dame

Robert Vecchio, the Franklin D. Schurz Professor of Management at the University of Notre Dame, has edited a new book on leadership in the workplace. Published by the University of Notre Dame Press, "Leadership: Understanding the Dynamics of Power and Influence in Organizations" is an anthology of key writings by leading scholars in the field.

Released: 10-Feb-1998 12:00 AM EST
Cal Ripken, Jr., and Sinai Health System Form Partnership
Sinai Hospital of Baltimore

Baltimore Orioles third baseman, Cal Ripken, Jr., and Sinai Health System have formed a partnership to establish Cal Ripken, Jr., Sports Acceleration centers, advanced, sports-specific training programs for athletes. Sports Acceleration will develop several centers in the Baltimore/Washington metropolitan area.

Released: 7-Feb-1998 12:00 AM EST
Valentine's Day not Just for Lovers Anymore
University of Maine

It began long ago as a special day for lovers. But modern marketing has transformed St. Valentine's Day into a commercial holiday for all to enjoy, according to n assistant professor of marketing at the University of Maine.

Released: 6-Feb-1998 12:00 AM EST
Service Members' Financial Prolems Cost the Department of Defense Big Bucks
Virginia Tech

A Virginia Tech researcher estimates that the Department of Defense spends close to $1 billion annually on service members experiencing personal financial management difficulties.

Released: 6-Feb-1998 12:00 AM EST
Purdue, other schools encourage entrepreneurs
Purdue University

Business owners of tomorrow are getting their first crack at entrepreneurship through college competitions. Purdue University's annual Burton D. Morgan Entrepreneurial Competition is one of several contests around the country that allow students to test the validity of original business plans and earn cash awards for their efforts.

Released: 3-Feb-1998 12:00 AM EST
Texas Builds a Better Way to Launch a New Career
University of Texas at Austin McCombs School of Business

Texas now has one of the country's most advanced and professional environments for moving new graduates into the workplace with the grand opening of its new Corporate Interviewing Center February 5.

Released: 30-Jan-1998 12:00 AM EST
DePaul Studies Reveal Challenges In Financial Management And Fund Raising For Small Religious Non-Profits
DePaul University

Small religious non-profit organizations face serious challenges in raising and managing money for their programs, two studies by DePaul University professors have found. Roadblocks include philanthropy officers who misunderstand the organizations' eligibility for grants and a lack of financial management expertise among religious non-profit managers, according to the studies.

Released: 30-Jan-1998 12:00 AM EST
Franchise Name No Advantage For Small Retailer Facing Big Rival
Ohio State University

If you're a small business battling a giant national retailer, having an affiliation with a trade-name franchise may not give a competitive advantage, a new study suggests. The small retailers that survive and prosper in such a competitive environment tend to be independent stores and focus on providing knowledge-intensive service to their customers, according to researchers.

Released: 30-Jan-1998 12:00 AM EST
Universities, Grants Help Seed Entrepreneurs
Purdue University

Small high-tech businesses and entrepreneurs are partnering with Purdue University and other schools across the country to leverage their skills and government seed money into business and educational opportunities and new high-tech jobs.

Released: 28-Jan-1998 12:00 AM EST
Asian financial crisis calls for IMF reform
University of San Francisco

The Asian financial crisis provides an opportunity to consider a new international currency system. The current model isnπt working. Countries in Asia which once thought to be financial powerhouses are now in need of huge financial assistance from the International Monetary Fund.

Released: 23-Jan-1998 12:00 AM EST
Marketing professor analyzes Super Bowl ads
Cornell University

A Cornell marketing professor says prestige and worldwide attention, not just sales, influence Super Bowl advertising decisions

   
Released: 23-Jan-1998 12:00 AM EST
In Customer Service, what you don't say may tell all
Purdue University

When a customer walks in the door of a hotel or restaurant, how employees act may send a louder message than their words. "As far as a customer is concerned, front-line employees in the service industry are the business," says Joseph La Lopa, assistant professor in the Purdue University Department of Restaurant, Hotel, Institutional and Tourism Management. La Lopa has developed a video and workbook for training front-line employees in tourist and hospitality businesses.

Released: 20-Jan-1998 12:00 AM EST
Service Members' Financial Problems Cost the Department of Defense Big Bucks
Virginia Tech

A Virginia Tech researcher estimates that the Department of Defense (DOD) spends close to $1 billion annually on service members experiencing personal financial management difficulties. E. Thomas Garman calculates that the direct costs of assistance programs and indirect costs of lost productivity due to financial stresses costs the DOD between $677 and $957 million each year.

Released: 16-Jan-1998 12:00 AM EST
Base closings, a new beginning for welfare recipients?
University of Delaware

New idea: Convert closed military bases into "renewal communities"-- tightly regulated small towns giving thousands of Americans on welfare a fresh start in life.

   
Released: 16-Jan-1998 12:00 AM EST
Purdue's Krannert School Hones Web Placement
Purdue University

The World Wide Web is revolutionizing the way corporations recruit from business schools, and Purdue's Krannert Graduate School of Management is ready. The Krannert graduate student placement office Web site offers recruiters on-line access to the resume and e-mail link of every graduate student currently enrolled.

Released: 16-Jan-1998 12:00 AM EST
Institutional Investors in IPOs Fail to Pick Winners
University of Texas at Austin McCombs School of Business

Institutions are no better at picking future high performing IPO stocks than the average investor, find Meeta Kothare, an assistant professor of finance at the University of Texas at Austin, and Gita Rao, vice president at Colonial Mutual Funds in Boston.

Released: 15-Jan-1998 12:00 AM EST
April 3-10 Institute helps communities prosper economically
San Diego State University, College of Business Administration

The April 3-10 National Community Economic Development Institute is designed for people eager to make a valuable contribution in their community by helping it prosper economically. No formal business administration background is required to attend. It is a valuable resource for government and business employees, community-based organizations and volunteers who deal with community outreach.

Released: 13-Jan-1998 12:00 AM EST
Traditional Grocers can Benefit from Understanding Consumer Assortment Perceptions
University of Texas at Austin McCombs School of Business

In the face of heavy competition from alternative format retailers such as Wal-Mart, traditional grocers seeking survival strategies may employ "efficient assortment" without negatively impacting customers' perceptions as they have long feared.

Released: 9-Jan-1998 12:00 AM EST
How serious is big business about ethics?
University of Delaware

A new study soon-to-be published in the Journal of Business Ethics finds that most major corporations that have formal "ethics" programs are only "going through the motions."

Released: 9-Jan-1998 12:00 AM EST
Purdue Professor: Consumers in Constant Search of a Sale
Purdue University

A Purdue University marketing professor says the corporate emphasis on short-term profits is changing consumer purchasing behavior and cutting into long-term profits.

Released: 9-Jan-1998 12:00 AM EST
New Method of Projecting Stock Performance Earns Researchers National Acclaim
University of Texas at Austin McCombs School of Business

A research paper that suggests there is no relationship between a stock's risk, as typically measured, and its expected rate of return earned the prestigious Smith-Breeden Prize for 1997.

Released: 8-Jan-1998 12:00 AM EST
Simon School Receives GE Grant for M.B.A. Mentoring Program
University of Rochester Simon Business School

In a time of overwhelming corporate restructuring emphasizing team-based management and group problem solving, the William E. Simon Graduate School of Business Administration is being recognized for a unique program that integrates teamwork and critical leadership skills into its top-ranked academic curriculum. General Electric--through its Learning Excellence Fund, which supports programs that have a direct, measurable impact on learning--is awarding Simon a three-year, $219,645 grant for the School's Coach-Mentor Program and further study of team learning.

Released: 7-Jan-1998 12:00 AM EST
MSU's Broad School of Business Takes $2 million To The Bank
Michigan State University

A $2-million gift will help Michigan State University's Eli Broad College of Business and Graduate School of Management expand its emphasis on information technology.

Released: 7-Jan-1998 12:00 AM EST
Two Major Inventions Should Make Internet 10 Times Faster
Washington University in St. Louis

Washington University computer scientists have patented two major inventions that should make Internet applications like e-mail, the World Wide Web and electronic commerce 10 times faster than they are now.

   
Released: 1-Jan-1998 12:00 AM EST
St. Mary's College

State lotteries are the proverbial "camel's nose" for legalized gambling. So say the results of a new study, "Roll the Dice: The Diffusion of Casinos in the American States," by two researchers at Saint Mary's College in South Bend, IN

Released: 1-Jan-1998 12:00 AM EST
First law journal on small and emerging business law
Lewis & Clark College

Northwestern School of Law of Lewis & Clark College has published the nation's first scholarly law journal to focus on closely held business enterprises.

Released: 30-Dec-1997 12:00 AM EST
University of Iowa

About 5,400 students across the country are getting a high-tech introduction to economic literacy during the next three years, thanks to a $443,000 grant to the University of Iowa College of Business Administration and a partnership of 45 colleges, and educational associations and advocates for minority education.

Released: 20-Dec-1997 12:00 AM EST
Johns Hopkins Business of Medicine Tips and Briefs
Johns Hopkins Medicine

Johns Hopkins Business of Medicine Tips and Briefs-- Listed are story ideas from the Johns Hopkins Medical Institutions.

Released: 19-Dec-1997 12:00 AM EST
Resolve to Plan Now, Save Later
Purdue University

Jan. 1 is the perfect time to begin to plan for next year's taxes, says a Purdue University accounting professor. "It's too late to do anything about the 1997 return, so you might as well start planning ahead." says John "Jack" Hatcher, assistant professor of management in the Krannert Graduate School of Management. Hatcher teaches tax courses in the accounting program at Krannert and offers the following tax tips for early bird planners:

Released: 19-Dec-1997 12:00 AM EST
Make Short-Term Capital Flows More Costly
Washington University in St. Louis

World-wide financial crises--like the ongoing one Asia--will recur until the G-7 nations throw "sand in the gears" of globalized financial markets. So says Dr. David Felix, an economist at Washington University, in two papers he wrote well before the latest crisis.

Released: 19-Dec-1997 12:00 AM EST
Standard Measures of Mututal Fund Performance are Inaccurate
University of Rochester Simon Business School

Standard, widely-used measures of mutual fund performance are inaccurate and unreliable, and can lead to faulty conclusions by investors, a new study shows. The study--conducted by Professors S. P. Kothari and Jerold B. Warner of the William E. Simon Graduate School of Business Administration and funded by the Association for Investment Management and Research--has important implications not only for fund managers who claim they can outperform the market, but also for ratings services such as Morningstar that track mutual fund performance.

Released: 19-Dec-1997 12:00 AM EST
Reviving the Hamlets of Madison County
Colgate University

A grass-roots movement to revivie businesses in the depressed regions of Madison County, NY, is enjoying great success and serves as an example of what can be done in other depressed rural areas of the country to revive industries.

Released: 17-Dec-1997 12:00 AM EST
New auction rules will govern the way California consumers buy power from newly-deregulated utility companies
Stanford Graduate School of Business

Stanford Business School "”Economist Robert Wilson has a knack for turning abstract theory into practical solutions. When California takes the bold step of deregulating its electric power industry in January, it will be Wilson's carefully crafted auction rules that will govern the way consumers get their power.

Released: 17-Dec-1997 12:00 AM EST
Simon School Reports 65% Increase in Recruitment Activity: Demand for M.B.A.s Continues to Rise
University of Rochester Simon Business School

The robust economy that created 2.3 million new jobs* over the past year is sending corporate recruiters to business school campuses with a vigor that exceeds the M.B.A. frenzy of the '80s. According to the William E. Simon Graduate School of Business Administration, the continued strong demand for M.B.A. graduates lifted recruitment activity on its campus

Released: 17-Dec-1997 12:00 AM EST
Simon School Dean: Threats of Deflation and Global Overproduction are Nonsense
University of Rochester Simon Business School

Charles I. Plosser, dean and John M. Olin Distinguished Professor of Economics and Public Policy at the William E. Simon Graduate School of Business Administration, presented his outlook for the 1998 U.S. economy on Tuesday, December 4, 1997, at the 19th annual Economic Outlook in Rochester, N.Y. He took issue with what he called the "new gloom-and-doom mantra"--a worldwide glut in industrial capacity creating the risk of a devastating deflation.

Released: 15-Dec-1997 12:00 AM EST
Company directors who sit on other boards don't necessarily have a disproportionate influence on CEOs
Stanford Graduate School of Business

Stanford Business School--Of the many voices that compete for the chief executive's ear, one key source of influence is the board of directors, whose members also often sit on other company boards. These interlocking directors have firsthand, practical experience that can sway a CEO's strategic choices. But their influence wanes in the face of competing information.

Released: 13-Dec-1997 12:00 AM EST
Deregulating electric utilities: Boon for consumers or risky shot in the dark
 Johns Hopkins University

Electric utility customers will soon pick their power company, just as they now choose long-distance phone service. Two Johns Hopkins University researchers have studied the economic and environmental impact of utility deregulation and serve as consultants on the issue to such agencies as the World Bank and the Federal Energy Regulatory Commission. They are available to reporters for internviews on utility deregulation.

Released: 13-Dec-1997 12:00 AM EST
Avon calling: World's first 'Avon lady' was a man, UD researcher notes
University of Delaware

The predecessor of the Avon lady was a man, notes a University of Delaware historian currently completing a doctoral dissertation titled, "Avon Ladies and Fuller Brush Men: The Gendered Construction of Door-to-Door Selling, 1886-1970." Farm boy D.H. McConnell began his career in 1877 selling books door-to-door and giving away perfume samples as part of his sales pitch, reports Katina Manko, a graduate student in the University of Delaware-Hagley Museum Program.

Released: 13-Dec-1997 12:00 AM EST
Benchmarking Tool Helps Companies Improve Their Innovation Practices
RTI International

Research Triangle Institute has developed a new Internet-based assessment tool to help companies improve how they practice technology innovation. Innovation InsightsTM quantitatively measures how well the technical staff and management: a) listen to customers, b) share ideas & know-how within the company, and c) use outside technology to leverage R&D.

Released: 12-Dec-1997 12:00 AM EST
New Rules for Multimarket Trading
Stanford Graduate School of Business

When you trade stock, will it be on the NASDAQ, the NYSE, or the American Stock Exchange? Will it be in New York, London, Tokyo, or perhaps Bangkok or Paris? Electronic market access has made buying and selling the same security in more than one market an increasingly widespread practice both within and across countries, raising the issue of how markets should be regulated as stocks are traded around the clock and around the globe.

Released: 12-Dec-1997 12:00 AM EST
Existing data may be overestimating the benefits of investing in emerging stock markets
Stanford Graduate School of Business

In the early 1990s, investors began pouring money into emerging stock markets such as Thailand, Indonesia, and Chile. Market watchers dubbed stocks in these burgeoning markets a "free lunch" because they offered both robust returns and a means to diversify and reduce risk in stock portfolios. These tiny emerging markets did not ride the waves of bourses in developed countries, thereby providing a hedge against drops in larger markets. But the recent dives in Asian stock markets beg the question: Is there ever really a free lunch? Finance professor Geert Bekaert thinks not"”at least not any more.

Released: 10-Dec-1997 12:00 AM EST
Babson MBA Students Showcase Product Innovations at Third Annual Product Design Fair
Babson College

Nine teams of three to six students each from the F.W. Olin Graduate School of Business at Babson Colleghe will showcase their product innovations at the College's Third Annual Product Design Fair. Three of last year's designs resulted in a marketable product for the sponsoring company. One of these three designs has also received a patent.

Released: 10-Dec-1997 12:00 AM EST
"Strong, steady" growth predicted for Kentucky's economy in 1998
University of Kentucky

Kentucky's economy is expected to grow by more than 2 percent in 1998, reflecting "steady, moderate to strong will exceed the national economy's performance, a University of Kentucky economist forecasts.

Released: 10-Dec-1997 12:00 AM EST
Higher Incomes Decrease Levels of Violence in Abusive Relationships
Colgate University

Improved economic opportunities for women will decrease the level of violence in abusive relationships.So say the results of a recent study, "An Economic Analysis of Domestic Violence," co- authored by Jill Tiefenthaler of Colgate University in Hamilton, NY.

Released: 10-Dec-1997 12:00 AM EST
Expect a Slowdown in 1998 Stock Market Returns, UK Economist Says
University of Kentucky

After six years of witnessing remarkable growth in the stock market, investors should be prepared for a weakening market during 1998, University of Kentucky economist Donald J. Mullineaux warned Monday.

Released: 10-Dec-1997 12:00 AM EST
Intellectual Capital: no longer just for business
Fairfield University

Leif Edvinsson, the first ever director of Intellectual Capital (at Skandia AFS in Stockholm, Sweden) and the world's leading expert on Intellectual Capital says there are applications for Intellectual Capital beyond business. He is meeting with MBA students at Fairfield University to discuss how Intellectual Capital can be used to improve the communities in which we live.

   
Released: 9-Dec-1997 12:00 AM EST
Attending a Holiday Office Party? DePaul Business Professor Offers Advice for Avoiding Faux Pas
DePaul University

When business and pleasure combine at the annual holiday office party, how should bosses and workers interact? "Office parties can cause some people to feel stress and anxiety. People aren't sure how to act when some of the formal relationships break down," said Joel Whalen, a DePaul University associate professor of marketing who is an expert and author on persuasive business communication. If you can get overcome the nervousness, office parties offer an excellent opportunity for bosses and workers to communicate important messages, Whalen added. How do you make the most of your holiday office party? Whalen offers advice.



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