Faculty Notes

April 2014

March 2014

David A. Thomas, dean of Georgetown University’s McDonough School of Business, was honored as a 2014 Minority Business Leader of the Year by the Washington Business Journal in March. 

December 2013

The Association of American Medical Colleges (AAMC) has announced its new board of directors, which includes William Novelli, distinguished professor of the practice and founder of the school’s Global Social Enterprise Initiative.

Norean R. Sharpe, senior associate dean and director of the Georgetown McDonough Undergraduate Program, was an invited speaker at a Higher Education Conference sponsored by the Bridging Nations Foundation at the Carnegie Endowment Conference Center in Washington, D.C. on December 10, 2013.

Jeff Reid, founding director of Georgetown’s Entrepreneurship Initiative, was among InTheCapital’s "50 on Fire" winners in the education category on December 4, 2013. Honorees were recognized for representing the District's best and brightest and most innovative individuals in nine categories who are setting the D.C. scene on fire. 

November 2013

Michael Czinkota, associate professor of international business, and his coauthors won the 2013 Outstanding Paper Award from the Journal of Product and Brand Management for the paper, “Corporate Branding and Transformational Leadership in Turbulent Times.” 

Assistant Professor Chris Long recently received the Best Applied Paper award at the International Association of Management and Business Conference. The paper is titled, “Investigating the Information Processing Capacities of Organizational Controls: A Computational Modeling Perspective.” His research on “Establishing Channels to Cooperation: How Managers Combine their Efforts to Apply Control and Demonstrate Their Trustworthiness” also was a finalist in the Best Overall Paper category.

October 2013

Christopher Long, assistant professor of management, was honored with the “Best Paper” award at the Management Theory Conference held in San Francisco on September 28. The paper is titled “Authority and Action through the Eyes of the Manager: The Roles of Control, Trust, and Fairness.”

Sunita Sah, assistant professor of business ethics, recently had a paper published in the Journal of Law, Medicine and Ethics. Sah is the author of “Physicians under the Influence: Social Psychology and Industry Marketing Strategies,” part of a symposium on institutional corruption and pharmaceutical policy. The journal also includes 16 articles on the sources of institutional corruption, how it occurs, and what is corrupted.

August 2013

Brooks Holtom, associate professor of management, was awarded the 2013 Scholarly Achievement Award from the Human Resources Division of the Academy of Management on August 12. The award was given in recognition of his article, “When Employees Are Out of Step with Coworkers: How Job Satisfaction Trajectory and Dispersion Influence Individual- and Unit-Level Voluntary Turnover.”

The Accounting Review has appointed Assistant Professor Jason Schloetzer to its Editorial Advisory and Review Board. The Accounting Review is the premier journal sponsored by the American Accounting Association and is among the top three academic accounting journals in the world. The journal publishes articles that report the results of accounting research and explains and illustrates related research methodology.

José de la Torre, visiting professor and a leader of Georgetown McDonough’s Global Experience in Lima and Buenos Aires, was awarded the International Management (IM) Division Outstanding Educator of the Year (2013) by the Academy of Management on August 12.  He was chosen for his extraordinary contributions to international management education.

July 2013

William Baber, professor of accounting, received the prestigious Cornelius E. Tierney/Ernst & Young Research Award from the Association of Government Accountants (AGA) on July 16. Baber’s award was presented at the association’s annual personal development training event in Dallas.

April 2013

Christine Porath, associate professor of management, presented “Creating Sustainable Performance – Thriving in the Workplace” at the HR People and Strategy Global conference, one of the largest HR and Strategy professional organizations, on April 15.

March 2013

Michael Czinkota, associate professor of international business and Charles Skuba, professor of the practice in marketing, organized the "Trade Policy and International Marketing: Breakthroughs on the Horizon," conference sponsored by Georgetown University’s McDonough School of Business and the American Marketing Association, with the support of the International Trade Administration of the U.S. Department of Commerce. The conference is a collaboration of business, policy, and academic participants from around the world. Speakers from 16 countries discussed changing international consumers, university approaches to internationalization, new opportunities for commerce in Asia and Latin America, and other recent research findings in the areas of trade policy and international marketing.

Doug McCabe presented a paper titled "Mediation and Federal Sector Labor-Management Disputes: The Views of Managers -- A Historical Analysis" at the 2013 International Business Conference of the Society for the Advancement of Management in Washington, D.C.

Doug McCabe and Jim Angel published "Fairness in Financial Markets:  The Case of High Frequency Trading" in Journal of Business Ethics, Vol. 112, 2013, pp. 587-595.

Brooks Holtom received the Human Resource Division’s Scholarly Achievement Award for 2013 (from the Academy of Management), which is presented to the author(s) of the most significant article in human resource management published during 2012.

February 2013

Kurt Carlson's paper with Meg Melloy and Elizabeth Miller, "Goal Reversion in Consumer Choice" appeared in the February issue of Journal of Consumer Research

January 2013

Betsy Sigman published “Circles of Learning:  Using Google+ to Enhance Classroom Communities.”  Her paper was presented at Educause Mid-Atlantic Regional Conference, Baltimore, Maryland, January 17, 2013. (with Susan Pennestri, Marie Selvanadin, and Kelsey Brannan)

Sigman, Betsy P., and B. Boston. “Digital Discernment:  An E-Commerce Web Site Evaluation Tool.”  Decision Science Journal of Innovative Education.   Vol. 11, Issue 1, pp. 29-46, January 2013.

Sigman, Betsy P. “Faculty Voices:  Betsy Sigman,” The Prospect, 1(2012): 10-12.  (First edition cover story in magazine from the Center for New Design in Learning and Scholarship (CNDLS)).

December 2012

Reena Aggarwal, Robert E. McDonough Professor of Business Administration and professor of finance, and Jason Sturgess, assistant professor of finance, earned a research grant from the Institute for Quantitative Research in Finance (Q Group) for their project on “The Role of Institutional Investors in Voting: Evidence from the Securities Lending Market.” Aggarwal and Sturgess explore the role of institutional investors in influencing firm-level corporate governance through proxy voting. Scheduled to be presented at the American Finance Association Annual Meeting in San Diego in January 2013, their paper has been presented at the SEC and Federal Reserve Board.

November 2012

As lead author of “The Burden of Disclosure: Increased Compliance with Distrusted Advice,” Sunita Sah, assistant professor of business ethics, found that disclosure can burden advisees to increase their compliance with advice that they trust less. The most popular solution to managing conflicts of interest is disclosure: The theory being that if advisors are required to disclose ties that may bias their recommendations, those relying on the advice will be able to make better decisions. The research was published by the Journal of Personality and Social Psychology.

The National Bureau of Economic Research recently published research titled “Multinationals and the High Cash Holdings Puzzle” by Lee Pinkowitz, associate professor of finance, and Rohan Williamson, professor of finance, as well as René Stulz, chair of banking and monetary economics at Ohio State University’s Fisher College of Business. The authors investigated why the cash holdings of American multinational companies increased sharply in the early 2000s and continue to be unusually high since the financial crisis.

The National Association of Corporate Directors (NACD) named Jason Schloetzer, assistant professor in accounting, to its “People to Watch” list for his academic research and research-related work investigating CEO transitions, succession planning, and gender diversity in the boardroom. Each year, NACD Directorship 100 identifies the most influential people in the boardroom community, including directors and officers, corporate governance experts, journalists, regulators, academics, and counselors.

September 2012

Chris Long, assistant professor of management, was honored with the “Best Paper - Conflict in Context” award for his research on “How Managers’ Trust and Control Activities Influence Subordinates’ Perceptions” by the Conflict Management Division of the Academy of Management. This award is given to an outstanding field-based paper studying organizational, political, or social conflict.

Distinguished teaching professor of operations and information technology Betsy Sigman was awarded a 2012 Faculty Award by IBM. The Faculty Awards is an annual worldwide program intended to foster collaboration between researchers at universities and those in IBM research, development, and services organizations.

David A. Thomas, Dean and William R. Berkley Chair, received the prestigious Beacon Award at the National Executive Forum in Dallas. The Beacon Award is presented annually by the nonprofit executive leadership organization Executive50 to a visionary leader who exhibits continued and dedicated commitment to leadership development in a truly inclusive fashion.

J. Bradford Jensen, professor of international business and economics, delivered testimony before the U.S. House of Representatives Subcommittee on Trade, Committee on Ways and Means, on the topic of “Opportunities for U.S. Exports of Business Services.”

August 2012

Principles of Business Forecasting, a new book co-authored by Keith Ord, a professor of operations and information management, and Robert Fildes of Lancaster University Management School, serves both as a textbook for students and a reference book for experienced forecasters. The book introduces both standard and advanced forecasting methods and their underlying models. It also includes general principles to guide and simplify forecasting practice.

In recognition of his research on why people are unable to clearly identify decision objectives, the Informs Decision Analysis Society honored Kurt A. Carlson, associate professor of marketing and research director of the Georgetown Institute for Consumer Research, and his co-authors with the 2012 Decision Analysis Publication Award.

The award recognizes the best article or book on “decision analysis, broadly defined,” which includes such topics as theoretical work on decision analysis methodology, descriptions of applications, and experimental studies. All works considered must have been published in the 2010 calendar year. The winning paper was “Improving the Generation of Decision Objectives,” which was published in the September 2010 issue of Decision Analysis. In addition to Carlson, Samuel D. Bond and Ralph L. Keeney were co-authors of the research.

July 2012

OnlineMBA has listed a blog by Michael Czinkota, associate professor of international business, among the top 50 blogs by business school professors. Through The Blog of Prof. Czinkota, he shares his research and thoughts on international business through thought-provoking cartoons, journal articles, video interview segments, book excerpts, and discussion pieces.

March 2012

Reena Aggarwal, Robert E. McDonough Professor of Business Administration and professor of finance and director of the Georgetown Center for Financial Markets and Policy, was a featured speaker at the “Top Women in Business and Finance” conference held at the Ritz Carlton Hotel in Washington, D.C., March 15. Part of the Bisnow Washington Women's Series, the event featured women who have risen to the top of their respective positions in the finance, private equity, and investment banking world. They discussed the state of the industry, the opportunities and challenges they have encountered, and what the future holds for the constantly shifting world of finance and investments.

Three faculty members at Georgetown’s McDonough School of Business were recognized at the Spring Faculty Convocation for 20 years of service to Georgetown. Associate Professor James Angel, Professor Bardia Kamrad, and Associate Professor Catherine Langlois each received Vicennial gold medals for their many contributions to the university and school during the past two decades.

The Universidad Ricardo Palma in Lima, Peru, recently announced that its new School of Global Marketing and Business Management has been named for Michael Czinkota, associate professor of international business, for his instrumental role in supporting the development of the school through his work on international curative marketing. In his work, Czinkota highlights the important role of the ‘honorable merchant’ whose work encourages long term relationships, respects cultural differences, and resists taking advantage of his clients. This concept is particularly welcome in nations which have suffered extensively from marketing misconduct and ignorance. 

February 2012

Reena Aggarwal, Robert E. McDonough Professor of Business Administration and professor of finance and director of the Georgetown Center for Financial Markets, was among the honorees at the 12th Annual Wall Street Alliance Scholarship Dinner. Each year the Wall Street Alliance Scholarship Dinner brings together the Georgetown financial services community to honor colleagues who have made significant contributions to the community and their profession. 

January 2012

On Wednesday, January 11, Georgetown University’s McDonough School of Business Professor J. Bradford Jensen met with President Obama and Vice President Biden during the “Insourcing American Jobs” forum at the White House. Professor Jensen, corporate executives from a range of companies, members of the Cabinet, and other Senior Administration Officials, discussed the increasing trend of insourcing and ways to encourage companies across the country to insource American jobs to help rebuild the economy. 

December 2011 

An article by Professor Cathy Tinsley and Associate Professor Robin Dillon-Merrill has been selected as one of the 2011 Best Papers by the journal Risk Analysis. The paper, titled “Why Near Miss Events Can Decrease an Individual’s Protective Response to Hurricanes,” originally was published in the March 2011 issue of the journal and includes Matthew Cronin of George Mason University as a co-author. 

The U.S. Securities and Exchange Commission should outsource routine examinations of investment advisors, suggests James J. Angel, associate professor of finance, in a new study on the regulation of these advisors titled “On the Regulation of Investment Advisory Services: Where Do We Go from Here?” The study, funded by a grant from TD Ameritrade, can be downloaded here.

October 2011

Professor of International Business and Economics J. Bradford Jensen is the author of the book Global Trade in Services: Fear, Facts, and Offshoring, in which he argues that the United States should adopt policies to remove impediments to global services trade to take advantage of its strong comparative advantage in the area of high-wage, high-skill service jobs. The book was published in September by the Peterson Institute for International Economics.

Undergraduate Dean Norean Sharpe was a keynote speaker at the Women Administrators in Higher Education’s 2011 Annual Conference, titled “Transitions: Staying Afloat in a Sea of Change” on September 16 in Washington, D.C.  Sharpe spoke on the subject of challenges of change management, specifically how to effectively implement real programmatic change.

Retail business customers who witness rude behavior among employees often are driven away without reporting the negative experience, leaving managers unaware of harmful behavior, according to research co-authored by Assistant Professor Christine Porath published in September’s Journal of Service Research.The study, “It’s Unfair: Why Customers Who Merely Observe an Uncivil Employee Abandon the Company” is a collaboration between Porath and two professors from the University of Southern California’s Marshall School of Business, Deborah MacInnis and Valerie Folkes.

Two articles written by Professor of Management Marcia Miceli have been honored by the Journal of Business Ethics as part of its 30th anniversary publication that includes a collection of “citation classics.”This list includes the 33 most cited articles in the journal’s history, measured by impact on the academic field and citations by other authors. Originally published in 1985, Miceli’s “Organizational dissidence: The case of whistle-blowing” is among the 33 “citation classics.” Additionally, her 1987 article, “Oppositionists and group norms: The reciprocal influence of whistle-blowers and co-workers,” will be listed as a “distinguished” article for being among the top 133 articles in the publication’s history.

September 2011

Luc Wathieu, associate professor of marketing, is the co-author of a new blog through the Harvard Business Review. Wathieu writes the series of marketing-related posts with Marco Bertini, assistant professor of marketing at the London Business School and one of Wathieu’s former students. The first entry, titled “Pricing the Priceless,” covers the issue of hesitant consumer markets due to the economic instability in recent years. Wathieu and Bertini discuss methods of advertising that draw out potential buyers, such as offering price cuts from a posted starting price and building a product line toward reputable brands in order to “create a mental momentum.” Read the blog.

July 2011

A blog by Michael Czinkota, associate professor of international business, was listed on The Best Colleges’ top 25 business and entrepreneurship blogs of 2011. The Blog of Prof. Czinkota covers topics and issues related to international business, marketing, and strategy, such as production and trade agreements, international advertising campaigns, and updates on the U.S. government as it progresses (or regresses) in the global economy. The Best Colleges collects information to rank business schools and provides useful resources for prospective students and entrepreneurs.

The Conference Board published research co-authored by Assistant Professor Jason Schloetzer, finding that the rate of dismissal of CEOs in the S&P 500 due to disciplinary actions has increased in recent years, while 25 percent of boards of directors facing a chief executive succession have opted for an outside hire. The 2011 CEO Succession Report documents and analyzes succession events regarding the chief executive officer in S&P 500 companies in the 2009-2010 period and includes, where appropriate, historical comparisons with data from the last decade.

May 2011 

The World Animal Forum invited Professor of Marketing Alan Andreason to its annual meeting in Italy to discuss social marketing for the nonprofit animal protection services. Chief executives from organizations such as the Royal Society for the Prevention of Cruelty to Animals, Maddies Fund, Humane Society International, and Partnership for Animals were in attendance to discuss the future of agricultural sustainability in relation to the preservation of rights for humans, animals, and the environment.

“Increasing Human and Social Capital by Applying Job Embeddedness Theory,” a 2006 article in Organizational Dynamics written by Associate Professor Brooks Holtom, has been noted as one of the most cited articles in Organizational Dynamics in the last five years. Holtom conducted research for the article with the help of two Georgetown undergraduates.

April 2011 

James Angel, associate professor of finance at Georgetown University’s McDonough School of Business, testified before the U.S. House of Representatives Committee on Financial Services about the costs of implementation of the Dodd-Frank Act, the response to the Wall Street meltdown and economic recession that occurred only a few years ago. Angel addressed the indirect costs presented by the Dodd-Frank Act, such as structural instability, as well as corporate and intergovernmental cooperation. In his testimony, Angel suggested several reforms that would require government and corporations to maintain a higher level of attention over its employees and a certain level of social responsibility in regard to the overall economy.

Johny Johansson, McCrane/Shaker Professor of International Business and Marketing has been elected a Fellow of the Academy of International Business (AIB). This honor acknowledges his preeminent contribution to the field of international business.

March 2011 

Risk Analysis, the business journal released by the Society for Risk Analysis, unveiled new research by Associate Professors Robin Dillon-Merrill and Catherine Tinsley. Their research, titled “Why Near-Miss Events Can Decrease an Individual’s Protective Response to Hurricanes,” reveals that people who avoid disastrous situations by chance develop a low-risk perception of future situations. Studies revealed that individuals who had avoided flood damage were less likely to purchase insurance options, and those that had avoided hurricane damage were less inclined to evacuate their homes.

Tinsley also was a member of a committee that evaluated and improved intelligence analysis for the Office of the Department of National Intelligence. Tinsley focused on social categorization processes and intergroup dynamics. The research was presented in two parts; the Intelligence Analysis for the Future, which provides the recommendations for national intelligence improvements, and Intelligence Analysis: Behavioral and Social Scientific Foundations, which details the research used in determining how to improve intelligence proceedings.

Reena Aggarwal, a professor of finance and business administration spoke at the annual meeting of the Asia-Pacific Economic Cooperation (APEC) about corporate governance issues. Aggarwal’s research on international corporate governance played a major role in this conference. APEC is an organization comprising 21 countries devoted to building a sustainable economic growth in the Asia-Pacific region.

February 2011 

Luc Wathieu, associate professor of marketing at Georgetown University’s McDonough School of Business, has been elected newsletter editor of the INFORMS Society for Marketing Science (ISMS). The Institute for Operations Research and the Management Sciences (INFORMS) is the largest professional society in the world for those in the field of operations research, management science, and business analytics. As editor of the ISMS newsletter, Wathieu will hold a seat on the board of the ISMS, which makes the organization’s decisions regarding journals, conferences, and scholarships.

Research by Kurt Carlson, a professor of marketing at Georgetown University’s McDonough School of Business, recently showed that a consumer’s behavior as adults is related to their childhood surname. In an article to be published in the August edition of the Journal of Consumer Research, Carlson and co-author Jacqueline Conrad (Belmont University) studied how quickly adults responded to opportunities to acquire items of value to them. They found that the later in the alphabet people’s childhood surnames appeared, the faster those consumers responded to purchase opportunities.

January 2011

James Dalkin, an adjunct professor at Georgetown University’s McDonough School of Business, has been named to the Auditing Standards Board of the American Institute of CPAs. The Auditing Standards Board is the AICPA’s senior technical committee for auditing, attestation, and quality control applicable to audit and attestation reports for non-issuers. Its mission is to develop and communicate comprehensive performance, reporting, and quality control standards and practice guidance, allowing auditors to provide high-quality, objective services at a reasonable cost and in the best interests of the profession and the beneficiaries of those services.
In January, Pearson Higher Education released the second edition of Business Statistics, co-authored by Norean Sharpe, Georgetown University McDonough School of Business undergraduate dean and professor of statistics and operations research. The textbook, written with Richard D. DeVeaux of Williams College and Paul F. Velleman of Cornell University, initially was published in January 2009. The textbook has been reviewed and praised as “innovative” and “shows students how statistical thinking is vital to modern decision making” on Amazon.com.

December 2010

Jie Yang, assistant professor of finance at Georgetown University’s McDonough School of Business, is the co-author of the article “The Cost of Debt,” which will be published in the December 2010 issue of the Journal of Finance. Yang and co-authors Jules van Binsbergen and John Graham estimate firm-specific marginal cost of debt curves and determine that the optimal capitalized net benefits of debt are about 3.5 percent of asset value on average. They also find that the cost of overlevering is greater than the cost of underlevering, and that the default cost of debt amounts to approximately half the total cost of debt, meaning that agency and other non-default costs contribute about half of the total ex ante costs of debt.

October 2010

Debora V. Thompson, assistant professor of marketing at Georgetown University’s McDonough School of Business has been invited by the Marketing Science Institute to participate in the 2011 Young Scholar Program. Since 2001, the Young Scholar Program has brought together some of the most promising scholars in marketing and closely related fields to participate in a four-day meeting designed to facilitate the exploration of research opportunities and to encourage future research collaboration. The biennial program is offered to individuals whose work suggests they are potential leaders of the “next generation” of marketing academics and who received their doctorate between four and seven years ago. Thompson’s selection marks the first time that a professor from Georgetown University’s McDonough School of Business has been chosen to the prestigious event.

Vishal Agrawal, assistant professor at Georgetown University’s McDonough School of Business, received the 2010 Dissertation Proposal Award from The Aspen Institute’s Center for Business Education. Now in its fourth year, the award identifies innovative research in core business disciplines that consider the interdependence between business decision-making and a wider societal or environmental context. Agrawal began teaching at Georgetown’s McDonough School of Business this fall, after completing a doctorate in operations management at Georgia Tech’s College of Management. His dissertation focuses on the environmental implications of operations strategies by investigating how green business models and strategies can be profitably implemented.

William G. Droms, professor of finance at Georgetown’s McDonough School of Business, and Jay Wright, an adjunct professor at the school and CEO of the Mobilepro Corporation, co-authored the sixth edition of Finance and Accounting for Non-Financial Managers (Basic Books, 2010). Adding such topics as corporate accountability, the book provides a nuts-and-bolts guide for managers, entrepreneurs, seasoned executives, teachers, and students alike. Through step-by-step examples and illustrative case studies updated to reflect the latest trends in the economy and financial policy, this new edition covers the key aspects of financial management.

Two separate journal articles by McDonough School of Business Associate Professor Catherine Tinsley have been honored by The Academy of Management and the International Association for Conflict Management. Tinsley’s article “Tough Guys Finish Last: The Perils of a Distributive Reputation,” published in Organizational Behavior and Human Decision Processes in 2002, received the Most Influential Article Award from the Conflict Management Division of the Academy of Management. The honor is given to the most influential article or book chapter published between 2002 and 2005. Additionally, the International Association for Conflict Management honored Tinsley for having the best article in the journal Negotiation and Conflict Management Research for 2009. The article, “Starting Out on the Right Foot: Negotiation Schemas When Cultures Collide,” finds that inefficiencies plague international negotiations because negotiators try too hard to adapt to stereotypes of the other culture.

September 2010

Johny Johansson, McCrane/Shaker Professor of International Business and Marketing at Georgetown University’s McDonough School of Business, received an award for Lifetime Contributions to Global Marketing in August from the Global Marketing Special Interest Group of the American Marketing Association (AMA) Academic Council at the Summer Marketing Educators’ Conference. The award recognizes an individual who has contributed to global marketing education during his or her academic career by enhancing the educational experience, knowledge, and theory through active participation in research, teaching, and case writing.

This honor marks the third lifetime achievement award for a member of the marketing faculty at Georgetown’s McDonough School of Business. Of the six individuals to receive the Lifetime Contributions to Global Marketing award, the school has been represented by Johansson in 2010 and Associate Professor of International Business and Marketing Michael Czinkota in 2007. Additionally, Professor of Marketing Alan Andreasen received the inaugural lifetime achievement award from the AMA Marketing and Society Special Interest Group in 2008.

Associate Professor Cathy Tinsley recently served on an eight-member committee to examine how the U.S. Department of Defense can incorporate socio-cultural strategies to enhance the effectiveness of missions abroad. Formed by the National Research Council’s Division of Behavioral and Social Sciences and Education Committee on Human-Systems Integration, the committee was charged with organizing a two-day, interdisciplinary workshop, titled Unifying Social Frameworks: Socio-cultural Data to Accomplish Department of Defense Missions. Tinsley also served as a moderator at the workshop, which was held in August in Washington, D.C., for a session that examined how the persuasive appeal of conversations, messages, and activities that are intended to foster social change are affected by socio-cultural factors.

August 2010

Johny Johansson, McCrane/Shaker Professor of International Business and Marketing at Georgetown University’s McDonough School of Business, received an award for Lifetime Contributions to Global Marketing in August from the Global Marketing Special Interest Group of the American Marketing Association (AMA) Academic Council at the Summer Marketing Educators’ Conference. The award recognizes an individual who has contributed to global marketing education during his or her academic career by enhancing the educational experience, knowledge, and theory through active participation in research, teaching, and case writing.

July 2010

Reena Aggarwal, a Robert E. McDonough professor of business administration and professor of finance at Georgetown University's McDonough School of Business, recently won a best paper award at the China International Conference in Finance. She is the co-author of “Does Governance Travel Around the World? Evidence from Institutional Investors” which is forthcoming in the Journal of Financial Economics. The conference is organized by Tsinghua University and MIT’s Sloan School of Management.

The following research was published by McDonough School of Business faculty this spring:

Aggarwal, Reena, Erel, Isil, Stulz, Rene and Williamson, Rohan. Differences in Governance Practices between U.S. and Foreign Firms: Measurement, Causes, and Consequences. The Review of Financial Studies, volume 22 number 8, pages 3131–3169.

We construct a firm-level governance index that increases with minority shareholder protection. Compared with U.S. matching firms, only 12.68% of foreign firms have a higher index. The value of foreign firms falls as their index decreases relative to the index of matching U.S. firms. Our results suggest that lower country-level investor protection and other country characteristics make it suboptimal for foreign firms to invest as much in governance as U.S. firms do. Overall, we find that minority shareholders benefit from governance improvements and do so partly at the expense of controlling shareholders.

Hasnas, John. The Discordance of New York Central Jazz (April 6, 2010). Regulation, Vol. 33, No. 1, pp. 46-53, Spring 2010.
This article argues that, beginning with the 1909 Supreme Court decision in New York Central & Hudson River R.R. v. United States, federal courts have abandoned important principles that were intended to preserve civil liberties. By creating respondeat superior criminal liability, New York Central and subsequent decisions authorized a form of vicarious collective punishment that is inconsistent with these liberal principles. This change shifted the balance of power between prosecution and defense in a way that has had a pernicious effect on the methods employed by federal law enforcement agencies.

Sandra J. Milberg, Francisca Sinn (Universidad Adolfo Ibanez, Santiago, Chile), and Ronald C. Goodstein (Georgetown University). Should a brand like Sony extend into binoculars or scanners? It depends on the competition. Journal of Consumer Research, April 2010.
Many companies grow by extending their brands into new types of products. A new study in the Journal of Consumer Research examines why some of those new products succeed and others fail. “A common assumption in most brand extension research is that there is a positive relationship between the perceived fit of the parent brand with the extension product category and consumers' preferences for that extension,” write authors Sandra J. Milberg, Francisca Sinn (Universidad Adolfo Ibanez, Santiago, Chile), and Ronald C. Goodstein (Georgetown University). “Yet the consumer marketplace is replete with successful extensions that appear perceptually distant from their parent brands and others where perceptually close extensions have failed.”

June 2010

Lynn Doran, professor of the practice at Georgetown’s McDonough School of Business, recently received the university’s Dorothy Brown Award. The honor is bestowed by the undergraduates to recognize the professor who has most impacted their lives, both inside and outside of the classroom.

William Baber, professor of accounting, is the 2010 recipient of the American Accounting Association/Deloitte Wildman Medal Award. The recognition is given annually to the author(s) of the article, book, monograph, or other work published during the five calendar years prior to the year of the award, which is judged to have made or to be likely to make, the most significant contribution to the advancement of the practice of accounting. His award-winning study, “Consequences of GAAP Disclosure Regulation: Evidence from Municipal Debt Issues,” compares characteristics of municipal debt issues in states that mandate GAAP for municipalities with those in states that impose no annual financial disclosure requirements. Results show that the use of public (versus private) debt is greater and that costs of public debt are 14 to 25 basis points lower for municipalities in states that mandate GAAP accounting. The evidence supports the notion that financial reporting regulation reduces debt service costs to municipalities. It was published in The Accounting Review (volume 83, issue 3, 2008) and was co-authored with Angela Gore of The George Washington University.

Kirsten Anderson, professor of the practice in accounting, is the co-author of the paper "The Impact of Academic Accounting Research on Professional Practice: An Analysis by the AAA Research Impact Task Force," which has been selected for the 2009 Best Paper Award for Accounting Horizons. The award is given to the best paper published within the calendar year for the publication and is decided by a vote of the membership. As part of the award, Anderson and her colleagues will receive a $2,500 cash prize.

May 2010

Korok Ray, assistant professor of accounting at Georgetown University’s McDonough School of Business, was selected as one of 11 professors from around the country for a grant from the PricewaterhouseCoopers (PwC) INQuires Program for his research, titled “Auditor Liability and Consulting Services: Chicken or Egg?” The INQuires Program funds applied research by faculty and Ph.D. students seeking to increase the knowledge base that contributes to the practice of auditing and tax. Since its inception in the spring of 2007, PwC has awarded upwards of $1.3 million to more than 80 researchers.

Additionally, Ray received a travel grant from Georgetown University for his research project, “Capital Market Effects of International Accounting Standards.” This summer, he will travel to Barcelona, Spain, to collaborate with Ester Oliveras, a professor at the Universidad Pompeu Fabra, to explore and understand the differences in method and style between European and American accounting standards.

David Walker, the John A. Largay professor at Georgetown’s McDonough School of Business, testified before the U.S. House of Representatives Financial Services Oversight and Investigations Subcommittee in May on the topic of “The End of Excess.” He argued that the Office of Thrift Supervision should be merged into the Office of the Comptroller of the Currency, that small insured depository institutions should not be subject to additional capital restrictions, and that the FDIC should be assigned consumer financial protection responsibility without creating a new agency and additional bureaucracy.

April 2010

Michael Czinkota, associate professor at Georgetown University’s McDonough School of Business, recently was recognized by the Journal of International Management as “one of the most prolific authors in the area of exporting research.” The article, “Five Decades of Business Research into Exporting: A Bibliographic Analysis,” lists Czinkota as the fifth most published author in the world, and the second in the United States, on the subject. The article appeared in the March 2010 issue of the journal.

In addition, Czinkota testified before the U.S. House of Representatives Committee on Small Business in April on the topic of “How Government can Help Increase U.S. Export Performance.” He argued for the creation of export assistance for U.S. companies in order to reverse the recent trend of declining exports.

Othmar W. Winkler, professor emeritus at Georgetown University’s McDonough School of Business, is the author of the newly released textbook Interpreting Economic and Social Data: A Foundation of Descriptive Statistics (Springer, 2009). The result of six decades of teaching, consulting, and involvement in statistical surveys, the book aims to bridge the gap between today’s statistical theory and economic and mathematical models of society.

Larry Robertson, an adjunct professor in entrepreneurship at Georgetown University’s McDonough School of Business, recently published A Deliberate Pause: Entrepreneurship and its Moment in Human Progress (Morgan James Publishing, 2009). The book examines entrepreneurship, learning from those with experience making it work. Robertson combines his vast experience with insights of more than 200 entrepreneurs, including Muhammad Yunus, founder of the Grameen Bank; Carter Cast, co-founder of walmart.com; and Michael Chasen, co-founder of Blackboard. It has been selected as a finalist for “Book of the Year” by ForeWord Magazine.

March 2010

Prem C. Jain, McDonough professor of accounting and finance at Georgetown University’s McDonough School of Business, published Buffett Beyond Value: Why Warren Buffett Looks to Growth and Management When Investing (Wiley, April 2010). The book teaches that, contrary to popular belief, Warren Buffett is not a pure value investor, but a unique thinker who combines the principles of both value and growth investing strategies. Readers will discover why Buffett emphasizes the importance of high-quality management above many other metrics when evaluating a company of interest to him.

February 2010

Jose-Luis Guerrero-Cusumano, an associate professor at Georgetown University’s McDonough School of Business, recently spoke at the American Society for Quality (ASQ) about the convergence of quality and ISO 26000. ISO 26000 is the future ISO standard for social responsibility. In addition, he was invited by the ASQ to join its International Think Tank for Quality and Social Responsibility, which seeks to facilitate research on how corporate social responsibility is measured and linked to shareholder value and other stakeholder outcomes and its interaction with quality. ASQ is the premier world quality organization with more than 100,000 members and is located in Milwaukee, Wis.

William Novelli, distinguished professor of the practice at Georgetown’s McDonough School of Business, has been asked to serve as a member of the Bipartisan Policy Center’s Debt Reduction Task Force. Co-chaired by former Senator Pete Domenici and Alice Rivlin, the Domenici-Rivlin Task Force will develop a comprehensive, balanced, and politically viable package of spending reductions and revenue increases for expedited consideration by Congress and the Obama Administration. A plan is expected to be released later this year. For more information or to view the full task force roster, click here.

December 2009

Several faculty members at Georgetown University’s McDonough School of Business recently have published new books:

The fourth edition of Visiting Professor of Marketing Gary Bamossy’s Consumer Behavior textbook will be published in 2010 by Prentice Hall.

Professor of Business Ethics George G. Brenkert and Tom L. Beauchamp of Georgetown’s Kennedy Institute of Ethics are the editors of The Oxford Handbook of Business Ethics, which was published in November by Oxford University Press. The first comprehensive philosophical treatment of business ethics, the book’s 24 essays cover major topics about the relationship between ethical theory and business ethics. A paperback version will be published next year.

Associate Professor of Marketing Michael Czinkota and Professor of Marketing Ilkka Ronkainen are the authors of the ninth edition of International Marketing, which recently was published by Cengage. Additionally, they are the authors of Emerging Trends, Threats and Opportunities in International Marketing: What Executives Need to Know with Masaki Kotabe, which recently was released by Businessexperts Press.

William Droms, John J. Powers Jr. Professor of Finance, will have the sixth edition of his book, Finance and Accounting for Nonfinancial Managers, released by Basic Books in 2010. This edition is co-authored with Jay Wright, an alumnus of Georgetown’s McDonough School of Business and an adjunct professor of finance. In addition, the fifth edition has been translated into Spanish and Portuguese.

The second edition of Professor of Finance Pietra Rivoli’s book, Travels of a T-Shirt in a Global Economy, was published in April by Wiley. The book is now available in 14 languages, and approximately 80,000 copies have been sold in English.

Georgetown McDonough School of Business Associate Professor of Finance James Angel and Professor of Management Douglas McCabe recently received the “Best Paper” award for their research on “The Ethics of Speculation” at the 16th Annual International Conference Promoting Business Ethics, held in October. They were honored for the paper they presented at the 2008 conference. The research will be published in a forthcoming issue of the Journal of Business Ethics.

Debora Thompson, assistant professor of marketing at Georgetown University’s McDonough School of Business, has been selected as the 2009 winner of the Emerald Publishing Emerging Scholar Award from The Society for Marketing Advances. Now in its second year, the award recognizes assistant professors of marketing who have made significant scholarly contributions to the marketing discipline early in their careers.

November 2009

Tom Brewer, an associate professor at Georgetown’s McDonough School of Business, has been named to the advisory committee for the preparation of the 2010 World Investment Report, which is an annual publication of the U.N. Conference on Trade and Development in Geneva. Each edition has a special topic, and the 2010 edition will focus on climate change issues, which is one of Brewer’s areas of expertise.

John Hasnas, an associate professor at Georgetown’s McDonough School of Business, was awarded the eighth annual Bastiat Prize for Journalism for his op-ed “The ‘Unseen’ Deserve Empathy, Too,” published by The Wall Street Journal on May 29, 2009. The Bastiat Prize was founded in 2001 by International Policy Network and recognizes writers who wittily and eloquently explain, promote, and defend the principles of the free society.

October 2009

Tom Brewer, an associate professor at Georgetown’s McDonough School of Business, recently delivered a series of presentations of his research on international transfers of climate friendly technologies and associated issues of international trade and investment, including two while he was a Visiting Senior Research Fellow at Oxford University for the summer. In August, he made a presentation in Washington at a conference jointly sponsored by the Washington-based Center for American Progress and the London-based Royal Institute for International Affairs. In September, he made a presentation in Amsterdam at a conference organized by the Free University and the Institute for Environmental Research. In December he will make presentations at the International Climate Change Conference in Copenhagen, which includes nearly 200 governments and more than 10,000 individual attendees.

Jose-Luis Guerrero-Cusumano, an associate professor at Georgetown University’s McDonough School of Business, recently received several honors at the Academy of Management Annual Meeting in Chicago for his paper “ISO 9000 Quality System certification and its impact on Innovation Performance.”Cusumano’s research, which he co-authored with University of Melbourne Professor Mile Terziovski, was selected as the best paper in the area of International Operation Management. It also was a finalist in the Chan Han Best Paper Award in the Operations Management Division. It will be published in the Academy of Management Annual Meeting Proceedings.

In addition, Cusamano was selected to share his opinions on ‘the future of quality’ at a colloquium on Quality in the 21st Century and the Future of Quality organized by the National Institute of Standards and the American Society of Quality. He joined nine other thought leaders from government and top Fortune 500 companies in the exclusive forum, which is organized every four years.

Jason Schloetzer, an assistant professor at Georgetown University’s McDonough School of Business, recently was awarded the Best Dissertation Award from the Management Accounting Section of the American Accounting Association. His dissertation, “Essays on Non-Financial Performance Measurement, Relative Bargaining Power and Supply Chain Performance,” was recognized for its outstanding contribution to accounting education, research, and practice. The formal awarding took place during AAA’s annual meeting in New York City.

Schloetzer’s paper explores how common supply chain initiatives are associated with future supply chain partner financial performance. His dissertation is part of a growing literature in managerial accounting that incorporates supply chain activities and extended enterprise into expanded notions of strategic cost management. According to Schloetzer, his dissertation “attempts to contribute to this literature by examining how firms employ measurement and analysis tools, such as supplier scorecards, to select and evaluate supply chain partner performance.”