Fogelman College of Business & Economics, November 2011

In this Issue...

Message from the Dean

FCBE Lands in Top 25 Percent in Key Ranking

$100,000 Donation Launches J. Austin Baker III MILE Endowed Fund

Callahan Earns Spot on Top Journal's Editorial Board

Open House, Ribbon Cutting Mark Launch of Avron B. Fogelman Center

McInish to Present at December NBER Meeting

AIS Student Chapter Selected for National Award

Bhagat Publishes 'Work Stress and Coping in the Era of Globalization'

Steinbauer Selected for 'Best Doctoral Paper'

Fogelman Professors Tapped for Pinnacle Executive Training

Authors Recognized for 'Best Papers of 2010'

Babakus, Pierce, Okunade Named Palmer Professors

Racer Wins Engaged Creative Teaching Award

Park Publishes Piece in Information and Management

Professors Jiang, McInish to Publish Study in Leading Finance Journal

Mortal to Publish Paper in Finance Research Journal

Professor Rezaee Publishes 'Financial Services Firms'

Allen Wins Academy of Management Perspectives Award

Kettinger's Book Recognized in Wall Street Journal

 

Support Your Fogelman College

Share Your Feedback

 

Links

Go To Fogelman College Website

Update Your Contact Information

Fogelman College Internships

UM Alumni Association

 

Contact Us

For information about any of our programs please contact E. Kenneth "Ziggy" Siegfried, Alumni Relations.

Kenneth (Ziggy) Siegfried

E-mail: Alumni Relations
Phone: +1 901.678.3068

 
 
Dean Grover's Message

Rajiv Grover

Exciting times continue for the Fogelman College of Business & Economics. From the official opening of the Avron B. Fogelman Center for Professional Student Development to the school's top 25% ranking in a key U.S. News & World Report listing, the college is making a splash in the business world on both a local and nationwide scale.

In this edition of Fogelman Flash, you'll find articles that highlight the accomplishments of the college, our faculty and staff, and our students. You'll also find news about the business professionals, donors and alumni in our community who are helping to fuel Fogelman's success. Among the topics covered here are a new endowment that will ensure the continued success of the Memphis Institute for Leadership Education (MILE) Program, an open house that aimed to spread the word about our Fogelman Promise initiatives among students and community members, the latest developments in the School of Accountancy and a custom executive training program designed by our team for Memphis-based Pinnacle Airlines.

Read more

Top

FCBE Lands in Top 25 Percent in Key Ranking
The undergraduate program at the Fogelman College of Business & Economics has been ranked in the top 25% of all AACSB-accredited business schools by U.S. News & World Report. The report, which was released this fall, places Fogelman's programs above those of business schools in a number of higher-ranking universities.

"We beat Texas Tech, we beat Ole Miss -- and all of these universities have deep, deep pockets," said Dr. Rajiv Grover, Dean of the Fogelman College of Business & Economics.

But to Grover, the ranking itself is not the college's biggest accomplishment. It's how the ranking happened. "The big deal is that we did this with zero marketing," he said. "The way this ranking is done is that deans and faculty members (at other colleges) report on what they think about the undergraduate program. So if they have rated us well enough for us to be ranked, that means they have heard of what's going on over here."

Read more »

Top

$100,000 Donation Launches J. Austin Baker III MILE Endowed Fund
Dr. Robert Taylor and Austin Baker IIIA $100,000 commitment by the SE Foundation has given rise to a new endowment for the Fogelman College of Business & Economics, the J. Austin Baker III MILE Endowed Fund. The endowment will ensure that the college's MILE Program -- an effort that prepares FCBE students to become future city leaders through leadership development programs and mentoring -- remains financially sustainable for the long term.

The fund is named after FCBE alumnus J. Austin Baker (BBA '04). Baker, co-founder and president of the executive advisory board for the Memphis Institute for Leadership Education (MILE) Program, founded the program and has remained active in helping it grow. He serves on the Fogelman College Alumni Chapter board and is a lifetime member of the Alumni Association and a member of the Society of the Shield. He also was named 2010 Fogelman College Entrepreneur of the Year.

Read more »

Top

Callahan Earns Spot on Top Journal's Editorial Board
Dr. Carolyn CallahanDr. Carolyn Callahan, KPMG Distinguished Professor and Director of the School of Accountancy (SOA) at the Fogelman College of Business & Economics, has been invited to serve as a member of the editorial board of The Accounting Review, a premier journal for accounting research, by Senior Editor J. Harry Evans.

In addition to serving in this new role, Callahan has been working to strengthen the SOA's ties to the Memphis business community. Recently, for example, Methodist Le Bonheur Healthcare established two new internships for accounting students. Callahan also has been working with Reynolds Bone & Griesbeck (RBG) on a new partnership.

Read more »

Top

Open House, Ribbon Cutting Mark Launch of Avron B. Fogelman Center
Avron FogelmanOn Sept. 20, students, faculty members, community representatives and Avron Fogelman himself converged at the Fogelman College of Business & Economics to celebrate the official launch of the Avron B. Fogelman Center for Professional Student Development.

The new center, made possible by a $1.25 million donation from Fogelman, encompasses a wide range of initiatives designed to help students across the college's majors develop the skills they need to succeed in today's competitive business climate. "It got started because of what's called Fogelman Promise, which promises that students are going to be given help with internships and other ways to make themselves more employable once they complete their degrees," said Gaylon Hall, director of the new center. "Seven Fogelman Promise initiatives are currently in place."

Read more »

Top

McInish to Present at December NBER Meeting
Dr. Thomas McInishA paper by Finance Professor Dr. Thomas McInish and Fogelman doctoral graduate James Upson has been chosen as one of six papers for presentation at the National Bureau of Economic Research (NBER) meeting in Boston in December.

The paper, "Strategic Liquidity Supply in a Market with Fast and Slow Traders," will be presented alongside work by Maureen O'Hara, a past president of the American Finance Association; Lawrence Harris, a past chief economist of the Securities and Exchange Commission; and faculty members from the University of Chicago, Massachusetts Institute of Technology and Carnegie Mellon University, among others.

Read more »

Top

AIS Student Chapter Selected for National Award
Dr. Thomas MeservyThe University of Memphis student chapter of the Association for Information Systems has received the national organization's 2011 Outstanding Student Chapter award. The award will be presented at the International Conference on Information Systems (ICIS) awards luncheon Dec. 5 in Shanghai, China.

The AIS Outstanding Student Chapter award recognizes deserving student chapters that have done well in the areas of professional development, membership, careers in IS, community service, fund raising and communications.

Read more »

Top

Bhagat Publishes 'Work Stress and Coping in the Era of Globalization'
Dr. Rabi BhagatDr. Rabi S. Bhagat, a Senior Professor in the Department of Management, has published his latest of six books, "Work Stress and Coping in the Era of Globalization." The book, which will be released in November by the publishing group Taylor & Francis, was co-authored by Terry Nelson, a Ph.D. student in Management at Fogelman College, and Dr. James Segovis of Bryant University in Providence, R.I.

"Work Stress and Coping in the Era of Globalization" looks at how individuals experience and deal with work stress in developed and developing countries throughout the world. In it, Bhagat and his co-authors examine the nature of new kinds of stresses, pressures and hassles that have emerged as countries of the world have become highly interconnected due to globalization.

Read more »

Top

Steinbauer Selected for 'Best Doctoral Paper'
Dr. Robert W. RennA paper submitted to the Southern Management Association by doctoral student Robert Steinbauer has been selected by the SMA as Best Doctoral Paper in the Ethics/Soc/Div track for 2011.

Steinbauer and Dr. Robert W. Renn will be recognized for the paper, "Ethical Leadership: Pathways Through Self-Leadership and Neurocognitive Decision Making," at the 2011 SMA annual meeting in November in Savannah, Ga. Renn and Steinbauer will receive a commemorative plaque and a cash award to honor the achievement. In addition, the paper will be considered for "Best Overall Doctoral Student Paper" by a committee of SMA scholars.

Top

Fogelman Professors Tapped for Pinnacle Executive Training
Dr. David SpicelandFive professors in the areas of Accountancy and Finance were chosen to lead a team of executives at Memphis-based Pinnacle Airlines through a customized executive training course. The intense, three-week course began Sept. 14 at the Fogelman College of Business & Economics.

Leading the training were Dr. Carolyn M. Callahan, Professor and Director of Accountancy; Dr. David Spiceland, Professor of Accountancy; Charlene Spiceland, Instructor of Accountancy; Dr. Pankaj K. Jain, Associate Professor of Finance; and Dr. Ronald W. Spahr, Professor and Chair of Finance. Associate Dean Dr. Jasbir Dhaliwal and other Fogelman staff members were also involved in the effort.

Read more »

Top

Authors Recognized for 'Best Papers of 2010'
Dr. Balaji KrishnanEach year the Fogelman College of Business & Economics presents awards for the best papers published by its faculty in the preceding year. The Ph.D. Sub-Council for Graduate Studies and Research evaluates submissions and makes selections for awards in two categories: Empirical Research and Conceptual/Theoretical Research. The 2010 awards were given at the fall Faculty and Staff meeting held August 25.

The first place winner in the Empirical Category was a paper co-authored by Fogelman faculty members Rabi S. Bhagat (Professor, Management) and Balaji Krishnan (Associate Professor, Marketing and Supply Chain Management), along with current and former doctoral students Terry A. Nelson, Karen Moustafa and Tejinder K. Billing. The award-winning paper, "Organizational Stress, Psychological Strain, and Work Outcomes in Six National Contexts," was published in IEEE Engineering Management Review.

Read more »

Top

Babakus, Pierce, Okunade Named Palmer Professors
Dr. Emin BabakusThree faculty members were designated Suzanne Downs Palmer Professors at the fall Fogelman College faculty and staff meeting held August 25.

Dr. Emin Babakus, Professor of Marketing and Supply Chain Management, received a Palmer Award in the Teaching Category. Babakus was recognized for his excellent student evaluations and his success at teaching difficult courses successfully at both the undergraduate and graduate levels. Dr. Charles A. Pierce, Professor of Management, received a Palmer Professorship and was cited for his sustained and exemplary scholarship with three papers in A+ journals and seven in A journals within the last three years. Dr. Albert Okunade received a Palmer Award for his extraordinary service contributions to the FCBE student honors program and his long record of contributions in service roles to the department, college and university, and to the economics profession.

Read more »

Top

Racer Wins Engaged Creative Teaching Award
Dr. Michael RacerDr. Michael Racer, Associate Professor of Marketing and Supply Chain Management, received the Fogelman College of Business & Economics' first Engaged Creative Teaching Award at the college's August faculty and staff meeting. Racer was recognized for significantly improving the success rate of undergraduate students in the BBA core statistics courses. Racer's approach involves a series of projects through which students utilize information from current events and news reports to illustrate course concepts and interpret statistical data. The award includes a recognition plaque and $1,000 stipend.

Top

Park Publishes Piece in Information and Management
MIS Instructor Insu Park has been accepted for publication in the journal Information and Management. Park, who authored the article along with Jeewon Cho of the School of Business at Oregon State University and John W. Michel of the College of Business and Economics at Towson University, learned of the honor during his first week as a Fogelman faculty member.

The article, "How Does Leadership Affect Information Systems Success? The Role of Transformational Leadership," examines the positive impact of transformational leadership on information systems (IS) success in organizations directly and indirectly via two psychological mechanisms of system users: perceived organizational support and systems self-efficacy. The conceptual model was assessed using a sample of 251 employees from a multi-national bank in Korea. The results, which supported the idea that transformational leadership was positively related to system users' IS success, call for attention to the importance of transformational leadership development in organizations.

Top

Professors Jiang, McInish to Publish Study in Leading Finance Journal
Dr. Christine JiangFinance professors Dr. Christine Jiang and Dr. Thomas McInish, along with Dr. Tanakorn Likitapiwat, a recent graduate of the Finance doctoral program and a faculty member at Chulalongkorn University in Thailand, have authored a study, "Information Content of Earnings Announcements: Evidence from After Hours Trading," that is slated to appear in the A+ rated Journal of Financial and Quantitative Analysis (JFQA).

In the United States, investors can trade on exchanges during regular hours (9:30 a.m. to 4 p.m.) or in sessions outside of these hours. Almost all earnings announcements by U.S. firms now occur during the before- and after-hours sessions. In their study, Jiang, McInish and Likitapiwat show that a significant portion of the price change resulting from the announcements occurs immediately after the earnings releases rather than during regular trading. The study provides evidence that firms prefer to make earnings announcements during the before and after sessions because trading in those sessions is dominated by knowledgeable traders whose trades are better able to convey information to the general public.

Top

Mortal to Publish Paper in Finance Research Journal
Dr. Sandra MortalA paper co-authored by Dr. Sandra Mortal, Associate Professor of Finance at the Fogelman College of Business & Economics, and Natalie Reisel of Southern Methodist University has been accepted for publication in the Journal of Financial and Quantitative Analysis (JFQA).

The paper, "Capital Allocation by Public and Private Firms," examines how differences in organizational form (public versus private) impact a firm's investment policy. It compares the investment policies of public and private firms in different institutional settings to conclude that in countries with well-developed stock markets, public firms are better positioned to take advantage of growth opportunities than private firms. The relative advantage public firms have at allocating capital, however, depends on the degree of agency costs and reliance on external equity.

Read more »

Top

Professor Rezaee Publishes 'Financial Services Firms'
Dr. Zabihollah 'Zabi' RezaeeDr. Zabihollah 'Zabi' Rezaee, Professor of Accountancy and Thompson-Hill Chair of Excellence, has penned a new book titled "Financial Services Firms," published in August 2011 by Wiley. The book discusses the global financial crisis of 2007 to 2009 and regulatory responses. In addition, an article on Rezaee's work with IMA, a worldwide association for accountants and financial professionals working in business, was published in the August 2011 issue of Strategic Finance.

Top

Allen Wins Academy of Management Perspectives Award
Dr. David AllenAn article by Professor of Management Dr. David G. Allen and two graduates of the Management doctoral program (Phil Bryant and James Vardaman, currently Assistant Professors at Columbus State University and Mississippi State University, respectively) has been awarded the 2010 Best Paper Award by the Academy of Management Perspectives.

In the article, titled "Retaining talent: Replacing Misconceptions with Evidence-Based Strategies," the authors identify the key managerial implications of decades of research on employee turnover. Based in part on research funded by the SHRM Foundation, the article also takes an evidence-based approach to dispelling misconceptions about turnover and developing retention strategies.

Read more »

Top

Kettinger's Book Recognized in Wall Street Journal
Dr. William KettingerA book written by MIS Professor and FedEx Chair of Excellence holder Dr. William Kettinger (with Don Marchand and John Rollins), "Making the Invisible Visible: How Companies Win with the Right Information, People and IT," was recognized in the Monday, April 25, 2011, Wall Street Journal in an article titled "Making Sense of It all: Getting Knowledge From Information."

The article recommends five books executives need to read if they want to "... harness technology to make the most of information." Concerning Kettinger's book, Thomas Davenport states in the article that "... It describes the concept of 'information orientation' and how it produces better organizational performance. Based on a substantial research study, it's undeniably formulaic. However, I believe the formula they advocate is right on, and any CIO would benefit from trying it."

Top

 
fcbealum@memphis.edu | +1.901.678.3068
Fogelman College of Business & Economics, Innovation Drive, Memphis, TN 38152-3120
Important Notice | FCBE Web Administration | 2011 The University of Memphis