Marketing Science Institute – Rajkumar Venkatesan, Joseph Pancras, and Bin Li investigate the value of competitive mobile loyalty program platforms for intermediaries and retailers.
Faculty
HR Strategy Matters, Says Professor
Human Resources Professionals Taking On Larger, More Strategic Roles, Professor Greg Reilly Tells CBIA Conference Members
The most sought-after human resources professionals today are full partners in the strategic leadership team, identifying weaknesses within an organization and hiring the right people to make a company more competitive and robust.
That was the insight that management professor Greg Reilly shared with 150 participants during the Connecticut Business & Industry Association’s (CBIA) Human Resources Conference. Reilly was the keynote speaker at last month’s event at the Crown Plaza Hotel in Cromwell.Continue Reading
‘Resilient Astronauts’
School of Business Professor Uses Expertise in Teamwork To Help NASA Prepare ‘Resilient Astronauts’ to Travel to Mars
Management Professor John Mathieu, an expert in team dynamics, is helping NASA figure out the complexities of developing a socially compatible and resilient crew of astronauts to travel to Mars.
Consider the challenges: an international crew of up to six astronauts will contend with isolation from their families, cramped living quarters, and extensive boredom that is punctuated with life-threatening danger.
They will sleep, dine and work side-by-side with their colleagues for up to two years, and privacy will be minimal. To send a simple message to mission command, and receive a response, will take 45 minutes, thus requiring the crew to be largely autonomous.Continue Reading
Folta Serves as Guest Editor
Management Professor Timothy Folta, the Thomas John and Bette Wolff Chair of Strategic Entrepreneurship at the School of Business, is serving as editor of a special issue of the Journal of Advances in Strategic Management. Papers may be submitted until May 15. Research finalists will be invited to attend a conference at the University of Strasbourg Institute for Advanced Study in Strasbourg, France in November. Folta, an award-winning researcher, is a Fellow of the Institute, which was created in 2012 as a place of intellectual innovation.
Going Once, Going Twice…
OPIM Professor Robert Day’s Combinatorial Auction Algorithm Employed Throughout Europe, Canada in Billion-Dollar Bidding Deals
When the Canadian government wanted to apportion mobile broadband services in February 2014—so that there would be plenty of cell-phone coverage, competitive prices and more provider options nationwide—it used an algorithm devised by UConn Business Professor Bob Day and his colleagues.
Day, a professor of Operations and Information Management in the School of Business, is an expert in combinatorial auctions. His services have been called upon by the governments in Canada and England, who have collected over $8 billion in auction revenues for just two projects he worked on in 2013 and 2014.Continue Reading
Eight Outstanding School of Business Professors Earn 2015 Faculty Awards
A professor who used chocolate chip cookies to teach about quality control, three researchers who had work published in top journals, and an educator who vigorously promoted the School of Business were among the 2015 Faculty Award recipients.
“This year we honored eight outstanding faculty members for their exceptional research, teaching and leadership achievements,” said Associate Dean Sulin Ba. “The selection process was particularly difficult due to the dozens of impressive nominees. We are fortunate to have such talented, creative and remarkable colleagues.”Continue Reading
Work-Life Balance
Flexible Work Time Could be Salvation for Families–and an Advantage for Employers–So Why Do Companies, Employees Resist?
The typical two-income American family is stretched to the breaking point with responsibilities, and, for many, flexible work time would be helpful in finding a work-life balance, said Robert Bird, professor of Business Law.
“There are millions of people in our country under intense pressure,” said Bird, who is also the Northeast Utilities Chair in Business Ethics. “They are two-parent, working families taking care of children and/or elderly parents. Inflexible work schedules are making the stress even worse.”Continue Reading
Does SOX 404 Have Teeth?
A regulation that is supposed to provide a warning bell and greater transparency for investors is hampered by a lack of enforcement, according to new research conducted by accounting professor David Weber.
Professor David WeberThe School of Business has awarded one of its 2015 Best Paper Awards to Weber for his research titled, “Does SOX 404 Have Teeth? Consequences of the Failure to Report Existing Internal Control Weaknesses,” co-authored with UConn doctoral student Biyu Wu and Sarah Rice of Texas A&M. It will appear in the American Accounting Association’s premier journal, The Accounting Review.
Accounting, Finance Faculty Members Recognized for Outstanding Research
The School of Business has awarded its 2015 Best Paper Award to professors David Weber, from accounting, and Jose Martinez, of finance, for their exceptional research articles that will appear in esteemed academic journals.
Weber’s research paper is titled, “Does SOX 404 Have Teeth? Consequences of the Failure to Report Existing Internal Control Weaknesses.”
“Picking Winners? Investment Consultants’ Recommendations of Fund Managers,” is the title of Martinez’s work. His paper also recently received a prize from the University of Cambridge and the Commonfund Institute.
“Both papers are to appear in very prestigious journals in their respective fields, The Accounting Review and Journal of Finance,” said Sulin Ba, associate dean of academic and research support. “The selection committee was particularly impressed by the public policy implications that came out of both research projects. These implications will have an impact on our society in the years to come.”
The competition was intense this year with 10 nominations, all papers accepted in top academic journals, Ba said.
“Dr. Weber’s paper, co-authored with Ph.D. student Biyu Wu, addresses the requirement that corporations and their auditors publicly disclose internal control weaknesses, which is one of the most contentious and costly provisions of the Sarbanes-Oxley Act,” said Mohamed Hussein, accounting department head. “The study is important because it shows that the enforcement mechanisms surrounding internal control reporting are often ineffective and in some cases may even provide disincentives for compliance.”
“This paper is one of many research projects conducted by the UConn accounting faculty that addressed critical accounting and tax issues,” said Hussein, noting that UConn accounting faculty research has been cited in Congressional hearings and in the British Parliament.
Chinmoy Ghosh, department head in finance, said he is pleased with his colleague’s success.
“Within a very short period of time since arriving at UConn in August 2014, Jose has made a significant contribution in almost every aspect of the job. Acceptance of his paper by the Journal of Finance, the top journal in the discipline, brings tremendous visibility and prestige to the department and the school,” he said. “Very recently, his research has been recognized by a leading academic group in Europe. His style of teaching and knowledge drew great praise from the Risk Management students at both our Hartford and Stamford campuses.
“Jose has also shown great interest and objectivity in various academic issues currently under review by the department faculty. We are very pleased to have him as a colleague and look forward to many more productive years from him at the School of Business.”
The Best Paper Award is funded by the generous support of the Arnold M. Robin & Rochelle M. Robin Excellence Fund.
Related articles:
Professor Jose Martinez Earns Triple Recognition for Work on Dubious Investment Management
Professor David Weber Finds Lack of Enforcement Surrounds Key Provision of Sarbanes-Oxley Act
Picking Winners?
Professor Jose Martinez Earns Triple Recognition For Work on Dubious Investment Management
A four-year research project by UConn finance professor Jose Martinez found no evidence that recommendations by highly paid investment consultants to institutional investors subsequently outperformed the market.
Professor Jose MartinezIn his paper, “Picking Winners? Investment Consultants’ Recommendations of Fund Managers,” Martinez presents survey data from investment consultants with a combined share of 90 percent of the consulting market, and focuses on the recommendations consultants made for actively managed U.S. equity funds.Continue Reading