Howard Baetjer, Economics, along with P. Lewin, published an article, “The Capital-Based View of the Firm,” in the journal Review of Austrian Economics/Springer.

Michaël Dewally, Daniel Singer and Yingying Shao, Finance, will publish an article, “The Liquidity Crisis: Evidence from the US Hospitality Industry,” in the journal Tourism Economics.

In the news...

Tom Rhoads, Economics
Grand Prix debt caused by $1.1 million loan
WBFF FOX45
Dec. 15, 2011

Watch the video and read the story here

In the news...

Thomas Maronick, Marketing
Consumers cry foul over debt collectors
Wall Street Journal
Dec. 15, 2011

Read the story here

In the news...

Tom Rhoads, Economics
Local experts discuss future of golf, country clubs
Cockeysville Patch
Nov. 23, 2011

Read the story here

Seth Gitter and Tom Rhoads, Economics, recently presented a paper at the annual Southern Economic Conference in Washington, DC. The title of the paper they presented is "Stadium Capacity Constraints and Minor League Baseball Attendance."

A group of Towson University CBE students are competing with four other university teams for the chance to represent the local region at the CFA Institute’s Global Investment Research Challenge this coming April in New York.

Sponsored by the CFA Society of Washington and the Baltimore CFA Society, the local competition challenges students to produce a research report analyzing a chosen company under the guidance of a faculty mentor and a professional research analyst. The student teams will be judged by a panel of experts from top financial institutions. The subject company for the Baltimore/Washington area’s inaugural challenge is Baltimore-based Under Armour, Inc. If selected the winner, the teams will travel to New York for the global competition. Last year, more than 2,500 students from 546 universities representing 45 countries participated in the event.

The TU CBE team’s faculty mentor is assistant finance professor Michaël Dewally and Jeffrey S. DeVack, CFA, a senior portfolio analyst at T. Rowe Price, is assisting as the industry professional. The students—Trevor Barger, Robert Eubank, McGregor Kennedy, Ryan Larkin and Brian Schug—are all finance majors in their senior year.

The team’s written analysis of the research project is due in January and teams will give formal presentations to the judges on March 2.

The other local participating institutions are American University, Georgetown University, John Hopkins University and the University of Maryland. On Nov. 11, the student team and Dr. Dewally attended the Kick Off Party hosted by American University. The students had the opportunity to be introduced to the standards of the CFA Institute Code of Ethics and Standards of Professional Conduct and interact with top executives of the target firm. In attendance and leading the presentation was Brad Dickerson, Chief Financial Officer of Under Armour, Inc., and Tom Shaw, CFA, Director of Investor Relations. The student teams were afforded the chance to ask questions directly to the presenters.

In the news...

Thomas Maronick, Marketing
Mobile deals may mean extra savings on Black Friday, experts say
ABC 2, WMAR-TV
Nov. 21, 2011

Watch the video and read the story here

In the news...

Philippe Duverger, Marketing
Keeping your social media footprint safe
ABC 2, WMAR-TV
Nov. 14, 2011

Watch the video and read the story here

CBE Council hosted a panel discussion with a focus on “Roles of Diversity in the Workplace” on Nov. 2.

With the increasingly interconnected and globalized world, capitalizing on workplace diversity has become a strategic priority for some companies and organizations. Panelists discussed how the scope of diversity has moved from addressing discrimination to a proactive focus on inclusion as well as diversity recruiting and more.

Speakers included Wayne Fraizer, Sr., president of the Maryland Washington Minority Contractors’ Association, Anna-Maria Gonzalez Palmer, vice president of human resources and security for AAI Corp., Nancy Hafford, president of the Towson Chamber of Commerce and Lorie Logan-Bennett, director of TU’s Career Center. Panelists also answered questions from students about how to build better resumes.

The event was a part of the CBE Council's initiative for raising student and faculty awareness about issues surrounding diversity.

CBE is excited to announce Matthew Martin, Executive Vice President and Retail Market Manager for PNC Bank, will serve as the “Donald” for the Associate competition coming this spring.

The Associate competition is a premier event held each spring by the CBE, which puts eight outstanding students into weekly challenges to compete for a job —  just like NBC’s reality television show, “The Apprentice.” Students are eliminated one by one each week until the final boardroom session.

Read more

CBE student Vrindarani Pani has been selected to represent Towson University in the statewide Leading Women’s Scholarship program. Sponsored by Wells Fargo, the $1,500 scholarship is awarded to one outstanding female college student in Maryland in conjunction with The Daily Record's Top 100 Women and Leading Women programs.

Nominees for the award have to be in their freshman or sophomore year of college, academically successful, involved in leadership roles in their community and committed to inspiring change.

Pani is a sophomore majoring in economics. In addition to being a star student, she holds many leadership positions including president of the economics club. Assistant economics professor James Manley says he nominated her because of her outstanding academic and personal qualities.

“Not only does she excel in her classes and take on leadership roles, but her energy is really inspiring,” says Manley. “She always looks sharp and she's inevitably smiling. She’s involved in so many activities on and off campus. I feel she fit the criteria for this award perfectly.”

The scholarship winner will be announced Nov. 16 and the award will be presented at the 2011 Leading Women event on Dec. 1 at the Hyatt Regency in Baltimore’s Inner Harbor.

Benjamin Neil, Legal Studies, has been selected to serve as editor for the new publication Journal of Applied Legal Studies.

CBE’s Supply Chain Management class led by Dong Yao participated in the global supply chain LINKS simulation last week. Out of the 240 participating teams from across the country, CBE’s team ranked among the top 10 in the measure of change in net income to revenue. LINKS simulations are customizable, web-based learning tools that simulate different management situations for undergraduate and graduate students. Teams compete with others from schools across the country to practice skills and gain valuable experience.

CBE students Bobby Eubank, Nathan Wotell, Patrick Kowalczyk, Michael Calabrese and Jessica Buchanan won second place at the first annual Gill/McDaniel College Finance Case Competition on Oct. 19 in Westminster, Md.

The student team competed against other area schools in a finance and marketing case that asked them to determine if a local brewer should decide to accept, defer or abandon a new product introduction. The team presented their case to a panel of six professional judges from T. Rowe Price, UBS and other area financial institutions. The team's decision to defer the investment and their outstanding presentation led to winning second place.

The team members also decided to donate $200 of their prize money to the CBE finance lab. Robert Eubank, portfolio manager of the Towson University Investment Group and member of the winning team, said “We feel that the finance lab will be a great asset to the finance department, as well as the College of Business and Economics, and we couldn't be more elated to donate to this terrific learning tool.”

Patrick Kowalczyk, team member and current president of Towson University’s Financial Management Association, added “[The team] would like to thank the organizers of the Gill/McDaniel Finance Case Competition for giving us the opportunity to represent Towson University, the College of Business and Economics and specifically the Department of Finance in this event”.

Michaël Dewally, faculty co-adviser to the Financial Management Association and to the Towson University Investment Group, attended the event and was impressed by the professionalism of the team’s presentation, the thoroughness of its analysis and the quality of the competition the students faced. Plans are on the way to participate again next year and add a second entry from Towson University in the competition.

Benjamin Neil, Legal Studies, completed his presentation at the Academic and Business Research Institute Conference on Oct. 12. He served as chair for his session and received the "best paper" award for the International/Ethics/Behavioral Track. Neil's article, "Juvenile Offenders and the Death Penalty in the United States," has been accepted for publication in Journal of International Business and Cultural Studies, Volume 6.

Tom Rhoads of the Economics Department is quoted in this month's issue of Baltimore Magazine. Dr. Rhoad's discusses the economical impact of the Grand Prix on Baltimore in The Fast and The Furious.

Dr. Rhoads was interviewed by Fox 45 News Baltimore on the economical impact of the Baltimore Grand Prix in their Wednesday Cover Story.

Joanne Li, Finance, was nominated and elected to serve on the board of directors for the Baltimore CFA Society.

Nhung Nguyen, Management, will have a paper, “The ubiquity of common method variance: The case of the Big Five,” appear in an upcoming issue of the Journal of Research in Personality.

Juergen Jung, Economics, presented a paper, “Market inefficiency, insurance mandate and welfare: U.S. health care reform 2010,” at the Public Economic Theory Meetings held in Bloomington, IN, from June 2-4.

Two students, Sarah Amos and Nicole Bernadzikowski, are the first recipients of the Student Certificate in Project Management (SCiPM) This certificate is jointly awarded by Towson University and the American Society for the Advancement of Project Management (asapm)®. Further Information is available at asapm's website.

Matt Chambers, Economics, presented a paper, “Did Housing Policies Cause the Post-War Boom in Homeownership? A General Equilibrium Analysis,” on May 21 at the Midwest Macroeconimcs Meeting in Nashville, TN.

Finn Christensen, Louise Laurence and James Manley, Economics, had a paper, “The Allocation of Merit Pay in Academia: A Case Study,” published in Economics Bulletin, Volume 31, Issue 2.
http://www.accessecon.com/Pubs/EB/2011/Volume31/EB-11-V31-I2-P144.pdf

Bharat Jain, Finance, had a paper, “Vertical Divestitures through equity carve-outs and  spinoffs: A products market perspective,” published in the Journal of Financial Economics.

Arundhati Rao, Accounting, presented a paper, “Gender Differences in the Job Attribute Preferences of Accounting Majors,” on May 13 at the American Accounting Association Ohio Region Annual Conference in Columbus, OH.

In the news...

James Dorn, Economics
End the MTA Monopoly
Baltimore Sun, April 13
http://www.baltimoresun.com/news/opinion/oped/bs-ed-mta-20110413,0,5663609.story

John Egger, Economics, reports that his article, "William H. Hutt: The 'Classical' Austrian," has been translated into Turkish and published in the journal Liberal, Vol. 15, Nos. 59-60 (2010), pp.185-193.

Martin Freedman, Accounting, delivered a presentation, "Greenhouse gas disclosures: Evidence from the EU response to Kyoto," at the International Conference on Critical Accounting on April 28 in New York.

Martin Freedman, Accounting, will have an article, "Corporate Disclosure of Environmental Capital Expenditures: A Test of Alternative Theories," published in an upcoming issue of Accounting, Auditing & Accountability Journal.

Tobin Porterfield, e-Business and Technology Management
Porterfield's article, "B2B eCommerce: An empirical investigation of information exchange and firm performance," published in International Journal of Physical Distribution & Logistics Management, has been chosen as an Outstanding Paper Award Winner at the Literati Network Awards for Excellence 2011. Further Information is available at Emerald Literati Network.

Arundhati Rao, Accounting, with co-authors Mohamed Warsame and Jan L. Williams, had an article, "Intraday study on the market reaction to distributed denial of service (DOS) attacks on Internet firms," published in the Academy of Accounting and Financial Studies Journal, Vol. 15, No. 2, pp. 59-72.

Timothy Sullivan, Economics, delivered a presentation, "Comparing the most recent Great Recession with the Great Depression of the 1930s," at the Creating, Building, and Preserving Wealth seminar held at TU's Osher Lifelong Learning Institute on Apr. 16.

Congratulations to CBE student Olubayo Oresegun. Oresegun was selected to present his paper, “ The Role of Culture in International Project Management– A Multiple Case Study in Africa,” at the upcoming Colonial Academic Alliance (CAA) Undergraduate Research Conference. His paper aims to investigate the cultural cause of project failures in Africa. Oresegun is a Business Administration major with a track in Project Management & Business Analysis. Click here for an abstract of his paper.

The topic for Oresegun's paper was developed under the guidance of Dr. Chaodong Han, e-Business and Technology Management.

Judy Harris, Marketing, Feisal Murshed, Marketing, and co-author J. H. Song, had an article, “Conflicting Electronic Word of Mouth: The Role of Subsequent Message Exposure,” published in e-Business Studies, 11(1), 163-178.

Joanne Li, Finance, has been named the Associate Editor for Financial Analysts Journal (FAJ). FAJ is considered to be among the leading journals globally in the field of finance.

In the news...

Neeraj Parolia, e-Business and Technology Management
The state of PM research in American Universities
Project Manager Today, March 2011

In the news…

Bill Smith, Management
Dress code policies can stifle job search for those with visible body art, piercings
Carroll County Times, March 27
http://www.carrollcountytimes.com/news/local/dress-code-policies-can-stifle-job-search-for-those-with/article_afc0366e-5810-11e0-8e6c-001cc4c03286.html

In the news…

Islam Elshahat, Accounting
Baltimore Experts Weigh In On Egypt's Politics
WBAL-TV, Feb. 11/14
http://www.wbaltv.com/politics/26842024/detail.html

In the news…

George Georgiou, Economics
Gas prices jump, consumers feeling the pinch away from the pump
WMAR -ABC 2, Feb. 24
http://www.abc2news.com/dpp/news/region/baltimore_city/
gas-prices-jump,-comsumers-feeling-the-pinch-away-from-the-pump

John W. Michel, Management
NFL's Physical Testing Methods Scrutinized
Atlanta Journal Constitution, Feb. 25.
http://www.ajc.com/sports/atlanta-falcons/nfls-physical-testing-
methods-853734.html

Charles Russo, Accounting, and Shohreh Kaynama, Dean and Professor, will have an article, “The Impact of Gender and Personality Type on Student Performance in a Business Capstone Course,” published in an upcoming issue of the Academy of Educational Leadership Journal/Allied Academies.

In the news…

Timothy Sullivan, Economics
No Show of Hands
Inside Higher Education, Feb. 11
http://www.insidehighered.com/news/2011/02/11/
towson_university_adopts_secret_tenure_ballot

The second issue of Baltimore Business Review is now available.

The Baltimore business Review (BBR) is a joint publication of Towson University's College of Business and Economics and the Baltimore CFA Society. The BBR leverages the relative strengths of both organizations to create an outstanding resource which showcases Maryland’s business opportunities. Read more...

William Smith, Management, is the co-author of an article, "You've been Tagged! (Then again, maybe not): Employers and Facebook," in the Sept.-Oct. issue of Business Horizons. The article has recently been ranked sixth on ScienceDirect’s “Top 25 hottest articles in Business, Management and Accounting” for the third quarter of this year (July to September) and is currently ranked third on Business Horizons’ “most downloads” list. To read the article, go to sciencedirect.com
and click on the PDF.

Philippe Duverger, Marketing, won the 2010 MAACBA Innovation in Teaching Award for integrating Social Media in the Course Design. MAACBA is the Middle Atlantic Association of Colleges of Business Administration. Its mission is to promote and improve collegiate education for business in all areas within the jurisdiction of the Middle States Association of Colleges and Secondary Schools.

In the news. . .

Michael Makowsky, Economics
Inflated municipal property assessments
Canadian Business Online, August 24
http://blog.canadianbusiness.com/inflated-municipal-property-
assessments/

Congratulations to Tobin Porterfield, e-Business and Technology Management! Dr. Porterfield received the Outstanding Teaching Award at the CBE's Outstanding Graduate and Faculty Recognition Reception on May 17.

"I really enjoy teaching and the opportunity it provides to spend time with students. So, this award is quite an encouragement to me. It is awesome to be recognized for something that I love doing."
- Dr. Porterfield

Congratulations to Feisel Murshed, Marketing! Murshed received the Outstanding Research Award at the CBE's Outstanding Graduate and Faculty Recognition Reception on May 17.

"This award means a lot to me.This honor takes on special importance as nothing is quite rewarding as the recognition of my peers. I acknowledge my co authors and department colleagues and I shall strive to be worthy of it." - Feisal Murshed

Congratulations to William Smith, and Filiz Tabak, of the Management Department! They were recently interviewed for an article, "Online and Observed," in the Economist magazine.