More News from the Dean's Desk

Dear Colleagues and Friends of the School of Business at U-Albany:

I have some more exciting news to share with you regarding faculty accomplishments, the new business school building, and major gifts:

1. School of Business Maintains Prestigious AACSB Dual Accreditation in Business Administration and Accounting-Last Friday, I received an email from Dr. Andrew Policano (my former Dean at Stony Brook), Chair-AACSB International Board of Directors, officially informing us that, after a rigorous review, the School of Business has maintained its dual accreditation in business administration and accounting.  The University at Albany is one of only three public universities in New York State with dual AACSB accreditation in business administration and accounting (the University at Buffalo, SUNY and Baruch are the other two).  This is an elite distinction shared by fewer than 2% of world’s 13,000 business schools. The review teams cited the excellence of our academic programs, faculty, students, alumni, corporate connections, and positive momentum in student quality, research, fund-raising (including grants, contracts, and sponsored research), collaboration with other colleges at the university,  and community outreach.  A school-wide celebration will take place at the end of the semester. I want to especially thank Vice Dean for Administration and Sustainability Linda Krzykowski, who coordinated our accreditation process, and Professor Ingrid Fisher, Chair of the Department of Accounting and Law, who spearheaded the accounting accreditation, for their staunch efforts.

2. President Philip Officially Approves New Undergraduate Concentration in Entrepreneurship-I am pleased to report that our undergraduate concentration in entrepreneurship was officially approved today by President George M. Philip.  I am currently teaching the first course in this sequence, entitled “Introduction to Entrepreneurship and Social Responsibility.”  Thanks to Professor Sanjay Putrevu, Associate Dean for Academic Programs, and John Levato, Assistant Dean, for designing this program.

3. Major Gift from Ernst and Young-Thanks to our alumni at Ernst and Young for donating $125,000 to the School of Business, in support the Ernst & Young Student Services Suite.

4. School of Business and School of Social Welfare Awarded $96,700 Grant From Empire State Development-for Social Entrepreneurship Project-The School of Business  recently launched a highly innovative “social entrepreneurship” initiative, which constitutes a partnership with the School of Social Welfare, our outstanding Small Business Development Center (SBDC), and the State Employees Federal Credit Union (SEFCU).   It is the first university-based “character-lending” program in the country with evaluation built in its design.   This program will provide micro-loans, financial support, and mentoring to (mostly) women and minority entrepreneurs in the Capital Region.  Last week, we were awarded a  $96,700 grant from Empire State Development to develop this program. Congratulations to William Brigham, Director of SBDC, and Professor Paul Miesing who designed this program for their staunch efforts to secure financial support for this worthy initiative.

5. School of Business Students Emerge Victorious at Walmart Better Living Business Plan Challenge at Wharton-Under the capable supervision of Professor Peter Duchessi and Professor Sanjay Goel, School of Business students Jay Sherwood, Rostislav Spitchka, and Mahmood Sajid won a regional “green business/sustainability” business plan competition at Wharton (beating teams from Wharton, Georgetown, and the University of Maryland, among others).  Their company, Green Fox Systems, is developing a new power system technology.  Having won the regional event, the UAlbany team will compete in the National Semifinal/Final competitions at Wal-Mart headquarters in Bentonville, Arkansas on April 21-22, 2011.

6. Undergraduate Financial Analyst (FA) Honor’s Students Win Accolades-FA senior Shane Lockhart presented  his senior thesis, “The Use of Technical Analysis by Hedge Funds,” at the Dallas Federal Reserve Bank Undergraduate Research Conference last week (see http://dallasfed.org/educate/events/2011/11esp.cfm ). FA senior Nick Cantales has won the 2011 University at Albany Provost’s Award for his senior thesis, entitled “Is the Use of Arbitrage an Effective Strategy in Institutional Portfolios?” Nick was one of only three students university-wide to receive the award, which consists of a certificate and cash prize.

7. Congratulations to Professor Giri Kumar Tayi who has received INFORMS Outstanding Service Award-Professor Tayi recently received the  INFORMS Outstanding Service Award for being the longest serving Associate Editor of Information Systems Research (Social Science Citation Index Impact Factor of  2.537), the leading journal in the field of information systems.

8. Congratulations to Professor Rich Johnson, who has been asked to serve as Associate Editor of AIS Transactions on Human-Computer Interaction, the leading journal in the field of human-computer interaction.

9. Congratulations to Professor Hany Shawky, whose co-authored articles entitled “ Small-Cap Equity Mutual Fund Managers as Liquidity Providers” and “On Estimating the Failure Probability of Hedge Funds” have been accepted for publication in the Journal of Empirical Finance and Research in Finance, respectively.

10. Congratulations to Professor InduShobha Chengalur-Smith, Chair of the Department of Information Technology Management, Professor Saggi Nevo, and Professor Pete Duchessi, who article entitled “Coping Strategies for Turbulent Times:  A Survey of IT Executives” was accepted at IEEE IT Professional.  Professor Chengalur-Smith and Professor Sanjay Goel also had an article published, entitled “Metrics For Characterizing Security Policies: Perceptions and Algorithms,” published  in the Journal of Strategic Information Systems (Social Science Citation Index Impact Factor of 2.212).

11. Congratulations to Professor Ross Miller, whose recent column in CBS MoneyWatch was dedicated to his recent lead article in World Economics (see http://moneywatch.bnet.com/investing/blog/fund-watch/are-hedge-funds-a-bargain-compared-to-actively-managed-mutual-funds/564/).

12. Papers From September 2009 UAlbany School of Business Conference on “Corporate Social Responsibility and Environmental Sustainability” Were Published in the 50th Anniversary Issue of Business and Society-see  http://bas.sagepub.com/content/current)

13. Shameless Self-Promotion-Last Thursday, I testified before Congress (the House Committee on Science, Space, and Technology), which is considering re-authorization of the Small Business Innovation Research and Small Business Technology Transfer (STTR) programs, the world’s largest public sector entrepreneurship programs.  I was asked to testify because I served on the National Research Council committee that conducted an extensive review of these programs and found them to be “sound in concept and effective in practice,” but also identified ways they can be improved.   A summary of the hearings can be found at (see  http://science.house.gov/press-release/subcommittee-examines-programs-promote-job-growth-help-small-businesses-innovate ), along with a full video of my testimony at (see http://science.edgeboss.net/wmedia/science/sst2011/033111b.wvx)-my testimony appears at 18:36 and (most) of my colloquy with Chairman Ben Quayle (R-AZ-son of former Vice President Dan Quayle) and other committee members appears at 45:36. 

14. On a lighter note and in the spirit of continuous improvement, I will be competing this Saturday (4/9) at the Metroland Bodybuilding and Figure Championships at the James L Meader Theater at Russell Sage College (see http://www.metrolandchampionships.com/) in the “AARP” division (Men’s Over 50).
    
    

15. Major Gift from Stacy-Bash Polley -Thanks to Stacy Bash-Polley, Class of 1989, for donating $150,000 to the School of Business, in support of a teaching award and a scholarship.  Stacy is a Managing Director and Partner at Goldman Sachs and Current Co-Head of Fixed Income Sales in the Americas. Stacy was recently named by U.S. Banker as #4 on their list of the Top 25 Women in Finance.

16. School of Business Supports 2020 - In Order to Build on Its #2 Ranking in the U.S. by Princeton Review for “Providing the Greatest Opportunities for Women,” the School of Business is supporting 2020 (see http://www.2020wob.com/), an organization devoted to raising the percentage of women on corporate boards to 20% or more by the year 2020. The campaign was launched in Boston and is expanding nationally in 2011. Dean Siegel is serving on the organization’s Board of Leaders and will be working with Professor Janet Marler, Chair of the Department of Management, to involve faculty, students, and alumni in this worthy enterprise. 

17. U.S. News & World Report Recognizes the School of Business As  A Top Tier “Best Business Program” - U.S. News & World Report has recognized the School of Business as one of the top tier "Best Business Programs".   UAlbany ranked #115 out of 386, placing it in the top 30% of this elite group, ranking higher than Hofstra, St. Johns’s, Pace, University of New Hampshire, University of Vermont, and the University of Rhode Island.

18. School of Business Launches Inaugural New York State Student Business Plan Competition - You may recall that last spring, the School of Business sponsored the Inaugural Tech Valley Regional Student Business Plan Competition on Renewable Energy and Sustainability, with Nano, Union, and RPI.  The CFO of the winning team (BESS-Technologies LLC-Battery Energy Storage System & Technologies) was Robert Hymes, a recent UAlbany MBA grad.   Given the success of last year’s event, we have decided to open the competition to all university students in New York State.  There will also be tracks in social entrepreneurship and entrepreneurship in the public and non-profit sectors. 

19. School of Business Hosts Business Plan Competition for Its Young Entrepreneurs Academy Chapter - Last fall, the School of Business established a chapter of the Young Entrepreneurs Academy (see http://www.albany.edu/news/11188.php for a description of the students and their business ideas).  YEA! is a year-long program that teaches middle and high school students how to start and run their own businesses.   These are real companies with real investors (typically, our alumni).  We also have a great group of mentors helping the students.  On April 13th, 2011, the School of Business will be hosting a business plan competition for the YEA students. 

20. Congratulations to Bruce Geller, Chair of the Advisory Board of the Center for Institutional Investment Management - Bruce, a UAlbany School of Business Alumnus at Dalton, Greiner, Hartman, and Maher, was profiled in a recent issue of Barron's.

21. Congratulations to Professor Ingrid Fisher, Chair of the Department of Accounting and Law, whose 2010 Ernst & Young Inclusive Excellence Award for Accounting was featured in BizEd Magazine.  BizEd is an award-winning, bi-monthly magazine for business school faculty and administrators worldwide, published by AACSB.

22. Congratulations to Professor Jane Gu, who was asked to join the editorial board of the Journal of Business Research (Social Science Citation Index Impact Factor of 1.239) for the consumer behavior track.

23. Congratulations to Professor Wei Zhang, whose co-authored article entitled “Did the Waste Management Audit Failures Signal Lower Firm-Wide Audit Quality at Arthur Andersen?” was published in Contemporary Accounting Research, a premier journal in Accounting (Social Science Citation Index Impact Factor of 1.129)

24. Congratulations to Professor InduShobha Chengalur-Smith, Chair of the Department of Information Technology Management, and Professor Saggi Nevo, whose co-authored article, “The Business Value of Open Source Databases: An Empirical Study of the Antecedents of Adoption of Infrastructure IT,” was published in the Journal of the Association for Information Systems, the flagship journal of the Association for Information Systems (Social Science Citation Index Impact Factor of 2.25).   Professor Chengalur-Smith also published a second article in this journal, entitled “Sustainability of Open-Source Projects: A Longitudinal Study.” Professor Nevo also had an article entitled, “Classifying Information Technologies: A Multidimensional Scaling Approach,” accepted for publication at Communications of the AIS.

25. Congratulations to Professor Na Dai, whose co-authored paper, entitled “Fund Size, Limited Attention, and Valuation of Venture Capital Backed Firms” was published in the January 2011 issue of the Journal of Empirical Finance.

26. Congratulations to Professor Eliot Rich, whose co-authored paper, entitled “Using System Dynamics Modelling  to Develop Management Tools For Animal Production with Emphasis on Small Ruminants” was accepted for publication at Small Ruminant Research (Social Science Citation Index Impact Factor of 1.400).  Dr. Rich also had a paper entitled “Understanding the Context of Large-scale IT Project Failures" accepted for publication in the International Journal of Information Technologies and the Systems Approach.  Professor Rich’s recent NSF grant from the Science of Science and Innovation Policy Program was highlighted in AACSB's BizEd Magazine.

27. Congratulations to Professor Raymond van Ness, whose co-authored article entitled “B-School Identity Crisis: Student Beliefs May be an Antidote” was published in the Review of Business Research.  The article was co-authored with Samuel Ferrara, a Ph.D. student in Organizational Studies and an adjunct faculty member. 

28. Shameless Self-Promotion-Your humble Dean will be co-editing the Oxford Handbook of the Economics of Gambling, which will be published by Oxford University Press (my fourth book for OUP).  I will also be co-editing a special issue of Personnel Psychology (Social Science Citation Index Impact Factor of 4.264) on “Corporate Social Responsibility and Human Resource Management/Organizational Behavior."  During December, I  served on a Review Panel for the NSF Science of Science and Innovation Policy Program. In July 2011, I will become co-editor of Academy of Management Perspectives.  Academy of Management Perspectives (Social Science Citation Index Impact Factor of 2.405) is an official journal of the Academy of Management, which has over 18,000 members (mostly tenure-track faculty in business schools worldwide)

29. Major Gift from J. Spencer and Patricia Standish-Thanks to J. Spencer and Patricia Standish for donating $250,000 to the School of Business, in support of the atrium in the new School of Business building.  Mr. Standish is a former Chairman of the Board of the Albany International Corporation.  We truly appreciate the Standish’s generous gift.

30. Gift from Nicholas Anacreonte ’92-Thanks to Nicholas Anacreonte ’92, who donated $25,000 to create the Rose C. Anacreonte Endowed Scholarship.  Mr. Anacreonte is a founding member of Chatham Capital, a $700 Million mezzanine fund.  He is also a Board Member of the University at Albany Foundation.  Thanks to Nick for his generosity. 

31. Major Accolade for New School of Business Building Design:-The new School of Business building has been shortlisted for consideration in the 2010 World Architecture Festival awards, under the category: “Future Projects (unbuilt) Education” (see http://www.worldarchitecturefestival.com/shortlist_detail.cfm?projectSubCategoryId=337&eventYear=2010).  It was the only U.S. project to make it to this round.  Rob Goodwin of Perkins+Will (the architect) will be presenting the project in Barcelona in November for final consideration.

32. UAlbany School of Business Selected As a Finalist for a Global Business Education Award as the Most Innovative Business School in the Northeast Region of the U.S.-European CEO Magazine (see http://www.europeanceo.com/) has selected the UAlbany School of Business as a finalist for its inaugural global business education award as the Most Innovative Business School in the Northeast Region of the U.S.  The judges cited several innovative aspects of our programs and activities, including our path-breaking research on corporate governance and entrepreneurship, our unique ability to draw alumni into our research conferences and the classroom, our innovative financial analyst honors program, our prescience in establishing a financial markets regulation program before the financial crisis, and our skill at blending academic research into the classroom.  We have a good chance to win, since there is only one other finalist (the E. Philip Saunders College of Business at the Rochester Institute of Technology).  The winner will be announced next week.

33. School of Business Establishes a Chapter of the Young Entrepreneurs Academy (YEA!)-The School of Business at the University at Albany, SUNY has established a chapter of the Young Entrepreneurs Academy (see http://www.yeausa.org/).  YEA! brings middle school and high school students to campus, to learn to develop a business idea and start and run a real business.  These student-run companies also have real investors.  The motto of this remarkable program, which was launched at the Simon Graduate School of Business at the University of Rochester (with financial support from the Kauffman Foundation) is “Start as a Student, Finish as a CEO!”  Isn’t that amazing?  The lead YEA! instructor for the course will be none another than the great Bill Brigham, who is the Director of our award-winning Small Business Development Center.  The YEA! Program Managers are Jason Cotugno, Undergraduate Academic Advisor, and Sally Mills, Coordinator of Special Projects, who will be supervised by John Levato.  Please join me in congratulating John, Jason, Sally, and Bill for helping us establish the YEA! chapter. You will hear more about this exciting program in the coming weeks, as we start recruiting students and investors.  I hope you will consider enrolling your own children in YEA!. 

34. Congratulations to Professor Giri Kumar Tayi, Who Was Awarded a $720,000 National Science Foundation Grant-Professor Tayi will be conducting his project, entitled “INTEROP: Building Information Sharing Networks to Support Consumer Choice ( I-Choose),” with researchers from UAlbany’s Center for Technology in Government.  Over the past 10 years, Professor Tayi has secured approximately $3.25 Mil in NSF grants, an astronomical figure for a business school faculty member.  Perhaps that explains why in just the past year alone, Professor Tayi has delivered research seminars at nine prestigious universities in the U.S., Canada, India, Turkey, China, and Singapore.

35. Double Congratulations to Professor Sanjay Goel for Receiving Two Research Grants Totaling $769,000-Professor Goel received a $379,000 grant from the James S. McDonnell Foundation for a study entitled “Understanding the Implications of a Self-Organized Traffic Grid.”  James McDonnell was the founder of McDonnell Aircraft Corporation, which later merged with Douglas Aircraft to form McDonnell Douglas (which later merged with Boeing).  Professor Goel was also awarded a $390,000 grant from the U.S. Department of Education to conduct a project entitled “Innovative Information Security Education: Fostering Knowledge and Cultural Exchange between Russia and the U.S.”  Incredible!  

36. Congratulations to Professor Saggi Nevo, who was invited to present his research at the prestigious Entrepreneurship Research Exemplars Conference, held in May at the University of Connecticut
    (see http://www.business.uconn.edu/cms/cms/p1555#top).  Professor Nevo presented his recently published paper in MIS Quarterly (a premier journal in Information Systems, with a 2009 Social Science Citation Index “Impact Factor” of 4.485), entitled “The Formation and Value of IT-Enabled Resources: Antecedents and Consequences of Synergistic Relationships.”

37. Congratulations to Professor Guy Fernando, whose paper entitled “The Sarbanes-Oxley Act, Perceived Earnings Quality and Cost of Capital,” published in the Review of Accounting and Finance,
    was chosen as an Outstanding Paper Award Winner at the Emerald Literati Network Awards for Excellence 2010.

38. Congratulations to Professors InduShobha Chengalur-Smith and Peter Duchessi, who article entitled “Are You a Sophisticated Practitioner?” was published in Supply Chain Management Review.   This journal is ranked in the top 5 in the field of supply chain management.  Professor Chengalur-Smith also published an article with a Ph.D. student,  Sherly Abraham, entitled “An Overview of Social Engineering Malware: Trends, Tactics, and Implications,” in Technology in Society. 

39. Congratulations to Eric Minkiewicz, MBA‘96, President of Huff N' Puff in Schenectady (http://www.huffnpuffinc.com/) and a member of our School of Business Advisory Council-In May, Eric participated in a roundtable with Vice President Biden, on the subject of promoting jobs and small business (http://www.whitehouse.gov/photos-and-video/video/middle-class-task-force-roundtable).  Eric talks at the 32, 49 and 52 minute marks. 

40. Shameless Self-Promotion-Last and certainly least, as co-chair of the National Research Council Committee on “Best Practice in National Innovation Programs for Flexible Electronics” (see http://www8.nationalacademies.org/cp/committeeview.aspx?key=49248 ), I will be moderating a panel next month at the Keck Center of the National Academies in Washington, D.C. on the future of flexible electronics. In addition to speakers from academia and industry, Senator Jeff Bingaman (D-New Mexico) and Congressman Tim Ryan (D-Ohio) will address the committee.  A key focus of the workshop is to assess the role of research consortia in other countries, in terms of their effectiveness in transferring flexible electronics research and technology into products (and hopefully, jobs!), and to identify specific recommendations to improve and to develop U.S. programs.

41. Major Gift from Joan Rosenthal ’76 -Thanks to Joan Rosenthal'76 and her husband, Fred Schiff for their generous gift of $100,000 to create the Joan D. Rosenthal’76 and Frederick S. Schiff Undergraduate Teaching Prize.  Joan is a member of the Dean’s Advisory Board and a Board Member of  the University at Albany Foundation.  We truly appreciate Joan’s enthusiastic support of the School of Business and her dedicated service to the University at Albany. 

42. Congratulations to Professor Saurav Dutta, who was named an Academic Accounting Fellow at the Office of the Chief Accountant of the U.S. Securities and Exchange Commission.  In this capacity, he will serve as a research resource for the SEC and as a liaison to professional accounting standards-setting bodies.   With this appointment, Professor Dutta joins a distinguished list of faculty who have previously served in this capacity, including endowed chairs at the top accounting departments in the U.S., such as the University of Illinois, Urbana-Champaign, University of Texas-Austin, USC, and Carnegie Mellon.  For a fuller description of this assignment and its likely impact on the School of Business, see http://www.albany.edu/business/profile_dutta.shtml.

43. Double Congratulations to Professor Ingrid Fisher, Chair of our Department of Accounting and Law–Professor Fisher was selected as a winner of the 2010 Ernst & Young Inclusive Excellence Award for Accounting and Business School Faculty.  A special reception was held last week at the American Accounting Association meetings in San Francisco, where Ernst and Young Chairman and CEO Jim Turley presented Dr. Fisher with this well-deserved accolade and a $7500 check.  The award is a special recognition of her extraordinary efforts in creating a more diverse learning environment that will ultimately help our students succeed in today’s global workforce.  In May, Professor Fisher also received the State University of New York Chancellor’s Award For Excellence in Teaching. 

44. Congratulations to Professor Na Dai, whose papers entitled “Hedge Fund Regulation and Misreported Returns” and “A Law and Finance Analysis of Hedge Fund Performance” were accepted for publication at European Financial Management (2009 Social Science Citation Index “Impact Factor” of .892) and Financial Management (2009 Social Science Citation Index “Impact Factor” of .727), respectively.

45. Congratulations to Professor Janet Marler, who will receive the 2010 Human Resources Division Service Award in a special ceremony at the 2010 Academy of Management in Montreal on Monday August 9th.  The award is for her exemplary service as Treasurer of this division, one of the Academy of Management's largest divisions, with over 2600 members. 

46. Private Equity Research Conference and Upcoming Alternative Investments Research Conference at the SUNY Global Center-On June 25th, 2010, the School of Business hosted a research conference on “Private Equity, LBOs, and Corporate Governance” for the academic journal, Corporate Governance: An International Review (2009 Social Science Citation Index Impact Factor of 2.068).  (see http://www.albany.edu/business/news_cgir_conference.shtmlfor additional details).  The workshop convened experts from leading academic institutions in the U.S., U.K., Germany, the Middle East, and Canada.  The highlight of the conference was a lunchtime panel, featuring four University at Albany alumni who are leading private equity executives: Alan Mantel-Snow Phipps, Frank Petraglia-Ernst & Young, John S. Sturges-Oppenheimer & Co., and David H. Waterman-DeltaPoint Capital Management, LLC.  A video of the alumni panel is featured on the School of Business webpage and on You Tube. 

    On May 20-21, 2011, the School of Business will host another research conference on “Alternative Investments /Private Equity/ Hedge Funds” for a leading academic journal, the Journal of Corporate Finance (2009 Social Science Citation Index Impact Factor of 1.628).  This workshop will also feature a practitioner panel of School of Business alumni who manage private equity and hedge funds, and other types of alternative investment funds.  The event will be held at the SUNY Global Center (see  http://vimeo.com/13648223) in midtown Manhattan (55th Street between Park and Lexington).  I will provide further details in upcoming months. 

47. Shameless Self-Promotion-Your humble Dean will be co-editing the Oxford Handbook of Corporate Governance, which will be published by Oxford University  Press (my third book for OUP).  I will be involving several alumni in this project, in order to provide an important practitioner perspective on this topic. 

    I have been selected to co-chair a National Research Council Committee on “Best Practice in National Innovation Programs for Flexible Electronics.” The National Research Council is the working arm of the National Academies, which includes the National Academy of Sciences , the National Academy of Engineering, and the Institute of Medicine.  The Committee will examine the role of research consortia around the globe in advancing flexible electronics technology, comparing their structure, focus, funding, and likely impact, and determining appropriate action, should Congress wish to develop this industry.  The committee will write a report and present its findings to Congress. 

    My co-authored paper, entitled “Universities and the Success of Entrepreneurial Ventures: Evidence from the Small Business Innovation Research Program.” was accepted for publication at the Journal of Technology Transfer (2009 Social Science Citation Index “Impact Factor” of .89).

    My co-authored paper, entitled “Strategic Corporate Social Responsibility and Environmental Sustainability” was accepted for publication at Business and Society. 

48. Major Gift from Steve Zelin ’84-Thanks to Steve Zelin ’84 for his generous gift of $250,000 to the School of Business, which will be used for scholarship aid to students.  Steve is a senior managing director in the Restructuring & Reorganization Group of The Blackstone Group.  He is one of America’s leading experts on corporate restructuring.  Last Friday, received the UAlbany Alumni Association 2010 Excellence in Business Award.  We truly appreciate Steve’s enthusiastic support of the School of Business. 

49. Announcement of Architectural Plan for the New School of Business Building-You are all cordially invited to attend an announcement of the architectural plan for the new School of Business building, which will be held on May 10th at 2 p.m. in University Hall.

50. UAlbany Nano-School of Business (Robert Hymes, CFO) Team Wins First Regional Business Plan Competition–A Nano-School of Business team, BESS-Technologies LLC (Battery Energy Storage System & Technologies) won first prize in the Inaugural Tech Valley Regional Business Plan Competition on April 28, 2010.  The competition was focused on renewable energy and sustainability. Congratulations to Robert Hymes, CFO of BESS-Technologies, LLC, who recently received his MBA from the School of Business.  Robert is working with three Nano students on launching this startup company, which is developing batteries for electric vehicles. The winners will receive $10,000 cash + $8,000 of legal services from Heslin, Rothenberg, Farley, and Mesiti, PC, +  $1,000 of consulting services from ECG Consulting Group Inc.  Thanks to Professors Bob Schwartz and Fred Buse, managing directors of the Schwartz Heslin Group, who formulated the School of Business teams in their graduate class, The Initiation of Enterprise Management.  We are also grateful to the following organizations for their financial support of this event: the Center for Economic Growth, Tech Valley Communications, Lemery Greisler, Fenimore Asset Management, and the Schwartz Heslin Group.

51. School of Business Receives $15K Legislative Grant-Thanks to our good friend, Senator Hugh T. Farley of Niskayuna, the School of Business has received a grant to conduct a study and review of the operations and activities of small business incubators.  Dean Siegel and Professor Sanjay Goel will launch this pilot project, which will begin with an analysis of the incubator in downtown Schenectady.  The Dean has been working with other partners at the University at Albany, business deans at RIT and other SUNY schools, and the Business Incubator Association of New York State to leverage this initial funding into a state-wide analysis of “best practices” on business incubators.

52. Professor Sanjay Goel Wins 2010 University Excellence in Research Award-For only the second time in the history of the School of Business, a faculty member has been awarded the University Excellence in Research Award.  The eminent scholar, Professor Gary Yukl, was the first School of Business recipient of this award.  Professor Sanjay Goel, an Associate Professor in the Department of Information Technology Management, received the award for his path-breaking research on cyber security and sustainable transportation.  Congratulations to Professor Goel for this well-deserved accolade. 

53. Professor Giri Kumar Tayi Selected as an Associate Editor of Decision Sciences Journal–Congratulations to Professor Giri Kumar Tayi for yet another outstanding editorial accolade.  He was recently asked to serve as Associate Editor of Decision Sciences Journal (http://decisionsciencesjournal.org/), a premier interdisciplinary journal on decision making (Social Science Citation Index “Impact Factor” of 2.318). 

54. Congratulations to Professor Charles Schaninger, who recently had two co-authored articles accepted for publication.  The first article, entitled “The Impact of Parental Responsiveness and Demand on Child Smoking Behavior: The Role of Child Self-Esteem Trajectory” will be published in the Journal of Public Policy & Marketing
    (http://www.marketingpower.com/AboutAMA/Pages/AMA%20Publications/AMA%20Journals/Journal%20of%20Public%20Policy%20Marketing/JournalofPublicPolicyMarketing.aspx) (a top-tier journal in marketing, with a Social Science Citation Index “Impact Factor” of 1.829).  The second article, entitled "Parenting Strategies as Influences of Teen Drinking via Self Esteem: An Important Area for Family Policy," will appear in The Journal of Macromarketing. 

55. Congratulations to Professor Lakshmi Mohan, whose co-authored article entitled "Catalytic Innovation in Microfinance for Inclusive Growth: Insights from SKS Microfinance" will be published in the Journal of Asia-Pacific Business (http://www.tandf.co.uk/journals/WAPB )  This article will appear in the September 2010 special issue on "Value Creation, Social Innovation and Entrepreneurship in Global Economies."

56. Congratulations to Professor Hany Shawky, who was recently quoted in a Business Week article on hedge funds (see
    http://www.businessweek.com/news/2010-03-29/paulson-s-32-billion-funds-prompt-too-big-to-succeed-concerns.html).

57. Congratulations to Professor Janet Marler, who was recently quoted in a Business Review article on trends in executive compensation
    (see http://www.bizjournals.com/albany/stories/2010/05/03/focus1.html?b=1272859200^3273481&s=industry&i=human_resources)

58. Congratulations to Professor Paul Miesing, who was recently quoted in a Business Week article on succession planning (see
    http://albany.bizjournals.com/albany/stories/2010/04/05/smallb1.html?b=1270440000^3124951

59. Shameless Self-Promotion-Your humble Dean will be co-editing a special issue of Research Policy (Social Science Citation Index “Impact Factor” of 2.655) on “30 Years After Bayh-Dole: Reassessing Academic Entrepreneurship.”  A special issue workshop will be held at the National Academy of Sciences in Washington, D.C. on October 29th, 2010.

    On April 30, 2010, I presented “Academic Entrepreneurship and the Green Economy” at a conference on “Cross-Sector Leadership for the Green Economy: Integrating Research and Practice,” sponsored by the Carlson School of Management and the Humphrey Institute of Public Affairs of the University of Minnesota.

    My co-authored paper, entitled “Internationalization of Science and its Influence on Academic Entrepreneurship” was conditionally accepted at the Journal of Technology Transfer

    My co-authored paper, entitled “Strategic Corporate Social Responsibility and Value Creation: An Extension of Resource Based Theory” was conditionally accepted at the Journal of Management

    I was recently quoted in a cover story of Prism, the magazine of the American Society for Engineering Education, on the subject of how to design optimal policies to support academic entrepreneurship.

60. Conference on “Corporate Social Responsibility and Environmental Sustainability.” Dean Siegel organized a conference on “Corporate Social Responsibility and Environmental Sustainability,” which took place on September 25-26, 2009 at UAlbany. With the intent to publish a special issue of Business & Society (see here), the leading academic journal in the field of social responsibility, the conference convened academics from Johns Hopkins, Michigan, Duke, Rice, Penn State, Oxford, Arizona State, ETH Zurich, UCLA, and UNC-Chapel Hill. Our keynote speaker was Professor James Walsh, Arthur F. Thurnau Professor and Gerald and Esther Carey Professor of Management at the Ross School of Business, University of Michigan (see here). Jim is the incoming President of the Academy of Management, the premier association of management scholars, with over 19,000 members from 108 nations.  The event was somewhat of a homecoming for Jim, since he is a proud alumnus of UAlbany. Click here to see the program (pdf).
    
    

61. School of Business Part of $600K New York State Energy Research and Development Authority (NYSERDA) grant to establish a “New York Energy Policy Institute”-Thanks to the efforts of Professor Hany Shawky, the School of Business will be part of a team of leading New York research universities (e.g., Columbia, RPI, Syracuse, Stony Brook) constituting the New York Energy Policy Institute.  The team will advise policymakers on energy policy, which is clearly a timely and important issue. 

62. Two National Science Foundation (NSF) Grants for the School of Business!!-Congratulations to Professors Shobha Chengalur-Smith and Eliot Rich who recently received NSF grants.  Professor Chengalur-Smith’s project, which will be conducted jointly with UAlbany faculty members in the College of Computing and Information and Rockefeller College, is entitled "Learning Computational Thinking in Context: Using Problems and Cases in Financial Markets."  Professor Rich’s project, which will be conducted jointly with faculty members at the University of Colorado, is entitled “Construct Utilization in the Behavioral Sciences.”

63. New Tenure-Track Faculty Member in Accounting-We welcome Professor Richard A Schneible Jr., who will be joining us next fall as an Assistant Professor of Accounting.  Professor Schneible received his Ph.D. from Syracuse University and is currently an assistant professor at Texas Christian University.  Dr. Schneible’s expertise is in managerial and financial accounting and he has published in leading accounting and finance journals, such as Contemporary Accounting Research, and the Journal of Corporate Finance.

64. General Electric Invites UAlbany School of Business to Host an Alumni Event On Site-For the first time in the history of the school, GE has invited the School of Business to host an alumni event at their Schenectady facility. 

65. Reception for UAlbany School of Business Adjunct Professors-On Friday January 15th, the School of Business will host a special reception for our adjunct professors to thank them for their outstanding service and to seek feedback from them on the strategic direction of the school.  This is the first time in the history of the school that we have hosted such an event. 

66. Professor Giri Kumar Tayi Chosen as Best Associate Editor Award of Information Systems Research-Professor Giri Kumar Tayi has been awarded the Best Associate Editor Award of Information Systems Research (ISR), the premier INFORMS academic journal in Information Systems. Professor Tayi is the longest serving associate editor (two three-year terms) of ISR since its inception twenty years ago. He is the first School of Business faculty member to serve on the editorial board of this premier academic journal.

67. Congratulations to Professor Dennis Caplan who was named to the editorial board of Issues in Accounting Education, ajournal published by the American Accounting Association
    ( http://aaahq.org/pubs/issues.htm).

68. Congratulations to Professor Saggi Nevo, who had three journal articles accepted.  The papers are "The Formation and Value of IT-Enabled Resources: Antecedents and Consequences of Synergistic Relationships”(in MIS Quarterly), "An Empirical Study of IT as a Factor of Production: The Case of Net-enabled IT Assets" (in Information Systems Frontiers), and “Thirty Years of IS Research: Core Artifacts and Academic Identity” (in Communications of the AIS).  MIS Quarterly is a premier journal in Information Systems, with a 2008 Social Science Citation Index “Impact Factor” of 5.183.

69. Congratulations to William Brigham,Director of our award-winning (top 10 USA) Small Business Development Center (SBDC).  The SBDC was recently awarded funds to assist small businesses in the “North Country” who have been adversely affected by the recent closing of the Champlain Bridge (a.k.a. the Crown Point Bridge), which connected New York and Vermont.

70. Shameless Self-Promotion-Your humble Dean was quoted in the Wall Street Journal last Thursday, criticizing a recent “event study” of the Tiger Woods controversy, which claimed that shareholders lost $12 billion as a result of the scandal (see http://blogs.wsj.com/numbersguy/tiger-woods-and-market-moving-events-877/)

71. School of Business Rises in Princeton Review MBA rankings from #9 in the U.S. to #4, in terms of providing the “Greatest Opportunity for Women.”- The Princeton Review MBA rankings have just been released and we have risen from #9 in the U.S. to #4, in terms of providing the “Greatest Opportunity for Women.”  This ranking places us above UC-Berkeley and other major public universities, such as UC-Davis, U-Mass Amherst, and the University of Georgia.  No other SUNY research center was ranked in the top ten along any of the 11 dimensions rated by Princeton Review.
    

72. Finance Professors Publish Paper with School of Business Alumnus David Buzen-Professor Rita Biswas, Professor Hany Shawky, and alumnus David Buzen (Class of ’81) published “The Case for Covered Bonds: An Alternative Funding Model for the US Mortgage Market” in the Journal of Risk Management in Financial Institutions (see earlier version at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1425137).  David is a member of the Dean’s Advisory Board.
    
    
73. School of Business partners with the University of Minnesota, Duke, Washington University, Dartmouth, Tel Aviv, and ETH Zurich to launch a “Research Alliance for Commercialization of the Green Economy.”  This effort builds on the recent UAlbany School of Business special issue conference on "Corporate Social Responsibility and Environmental Sustainability," which Dean Siegel organized for the leading academic journal, Business & Society.  
    
    
74. School of Business and Nano Launch First Regional Business Plan Competition on Renewable Energy and Sustainability (with Union and RPI) –The School of Business, the College of Nanoscale Science & Engineering, the Lally School of Management and Technology at RPI, and Union Graduate College are jointly sponsoring the area’s first regional business plan competition focusing on renewable energy and sustainable innovations. The event will take place at Nano in late April 2010 and will be open to students at any accredited institution of higher education in the Capital Region.
    
    
75. New Elective Track in Forensic Accounting in our MS Program in Professional Accountancy-Capitalizing on increasing demand among accounting firms for CPAs with skills in forensic accounting, we have launched a new specialization in our MS Program in Accounting in this growing field.
    
    
76. New Elective Track in Nanotechnology in our Evening (Part Time) MBA Program-Capitalizing on growing demand for the MBA among employees in nanotechnology, we have partnered with the Nano School  to develop a new specialization in nanotechnology in our Evening MBA Program, which could be quite appealing to the 2,500 scientists and engineers employed on the Fuller Road complex and others in the Capital Region. 
    
    
77. Congratulations to Professor Zheyin (Jane) Gu, whose article entitled "Quantity-Discount Dependent Consumer Preferences and Competitive Non-linear Pricing" was accepted at the Journal of Marketing Research (a premier journal in marketing, with a 2008 Social Science Citation Index “Impact Factor” of 1.803).
    
    
78. Congratulations to Professor Janet Marler and Professor Christoph Faguere, whose article entitled “Activist Institutional Shareholders and Middle Manager Stock Option Compensation” was accepted at Corporate Governance: An International Review (2008 Social Science Citation Index “Impact Factor” of 1.094).
    
    
79. Congratulations to Professors Sanjay Goel, Paul Miesing and Uday Chandra, whose article entitled “The Impact of Illegal Peer-to-Peer File-Sharing on the Media Industry,” was accepted for publication in the California Management Review. (a premier “practitioner” journal published by UC-Berkeley, with a 2008 Social Science Citation Index “Impact Factor” of 1.109).  Professor Sanjay Goel had two additional papers accepted-“Turbine Airfoil Optimization Using Quasi-3D Analysis Codes,” in the International Journal of Aerospace Engineering and “Quantification, Optimization and Uncertainty Modeling in Information Security Risks: A Matrix Based Approach" which appeared in Information Resources Management Journal.
    
    
80. Congratulations to Professor Sanjay Putrevu, our new Associate Dean for Academic Programs, whose article entitled “An Examination of Consumer Responses toward Attribute- and Goal-Framed Messages,” was accepted at the Journal of Advertising. (2008 Social Science Citation Index “Impact Factor” of 1.000).

81. Congratulations to Professor Rita Biswas, whose paper entitled “The Efficacy of Conditional Cost of Carry Models in Pricing Oil Futures” was accepted at the Review of Futures Markets.
    
    
82. Congratulations to Professor Hany Shawky, who published “Efficiency and Profit in the NYISO Transmission Congestion Contract Market" in the Electricity Journal.
    
    
83. Congratulations to Professor Saurav Dutta, who published three articles, “Aligning Performance Evaluation and Reward Systems with Corporate Sustainability Goals,” “A System of Cost Variances to Evaluate Sustainability Efforts,” and “Analysis of Accounting Academe’s Response to Structural Changes in the Profession using the Disruptive Technology Framework,” in Cost Management, Journal of Corporate Accounting and Finance, and International Journal of Critical Accounting, respectively.

    14) Congratulations to Professor Richard Johnson, whose papers entitled  “Gender Differences in e-learning: Communication, Social Presence, and Learning Outcomes” and “Gender-Based Differences in Factors Influencing Consumer E-commerce Adoption” and “Gender-Based Differences in Factors Influencing Consumer E-commerce Adoption” were accepted for publication in the Journal of Organizational and End User Computing and the Communications of the Association for Information Systems, respectively. 

84. 15) School of Business Beta Gamma Sigma Chapter Recognized-Beta Gamma Sigma, the international honor society serving business programs, has named the UAlbany School of Business group an Exemplary Chapter for the 2008-09 year. Deirdre Sweeney, School of Business director of Career Services, is faculty advisor to the group.

85. Congratulations to Professor Janet Marler, who published “Making Human Resources Strategic By Going To the Net: Reality or Myth?" in the International Journal of Human Resource Management.  Professor Marler was recently named to the Editorial Board of Human Resource Management, published by Wiley/Blackwell and housed at the University of Michigan (see here). 


86. Congratulations to Professor Sanjay Goel, who recently received three major grants or fellowships.  The first grant was from the New York State Energy Research and Development Authority ($142K) for a study entitled “Self-Organized Transport Systems.”   He also received a $2.3 Million award from Palantir Technologies for equipment to be used in his research on digital security.  He was recently featured on the front-page of the Times Union (see here) and on the university web site(see here).   Professor Goel was also recently awarded a prestigious AT&T Industrial Ecology Faculty Fellowship for his proposed study on “Investigating Complex Systems: Can Communicating Light Signals Reduce Congestion and Emissions?”


87. National Recognition for HR/IS Concentration-The Human Resource/Information Systems Concentration in our MBA program has been recognized by the Society for Human Resource Management, the premier human resource association, as one of four MBA programs in the country meeting their criteria for a comprehensive education in human resource management.  It is the only MBA program in the nation to incorporate information technology into a human resource curriculum.


88. 2nd Top 15 National Ranking for MBA Program-Our MBA Program was recently ranked twice in the top 15 nationally by Princeton Review.  As I mentioned in a previous email,  The School of Business was ranked #9 in the USA for providing the “Greatest Opportunity for Women” (see here) We have also been ranked #14  in the General Management category (see here). The University at Albany was the only SUNY research university to appear on any of Princeton Review’s top fifteen lists along nine categories.


89. MBA Student Team Wins Top Prize-A team of MBA students, Andrew Cuthbert, Mark Adams, and James McGaughan, won a top prize in the Price Chopper Innovation Challenge with an idea to help customers build their grocery lists online. The UAlbany team was among the top award winners from among 40 entries, earning $4,000 for the students and $1,000 for the School. School of Business Vice Dean for Administration Linda Krzykowski served as faculty adviser to the team. 


90. Capital Campaign On-Track-The School of Business $9.75 million campaign had a goal of $3 million by June 30, 2009.  We have achieved this goal, raising over $3 Million in gifts and donations since July 1, 2008, in the midst of a severe economic downturn. 


91. Shameless Self-Promotion-I recently had three articles accepted for publication: “Assessing the Effects of Mergers and Acquisitions on Firm Performance, Plant Productivity, and Workers: New Evidence from Matched Employer-Employee Data,”(co-authored with Ken Simons) in the Strategic Management Journal, “New Developments in Technology Management Education: Background Issues, Program Initiatives, and a Research Agenda” (co-authored with Phil Phan and Mike Wright) in Academy of Management Learning and Education, and “Green Management Matters Only If It Yields More Green: An Economic/Strategic Perspective,” in Academy of Management Perspectives.   In March, Iserved as a Carlton Whitehead Distinguished Lecturer at the  Rawls College of Business at Texas Tech University, delivering several presentations to faculty, doctoral students, and MBA students on university technology transfer and corporate social responsibility.  I was also named by Governor David A. Paterson to serve on the New York Small Business Task Force.  This blue ribbon commission will provide guidance to policymakers on how to promote the growth and development of small business enterprises in New York (see here).
    
    
92. New Faculty - We welcome two new tenure-track faculty members, Dr. Dennis Caplan and Dr. Na Dai. Professor Caplan joins us from Oregon State, where he served as an assistant professor of accounting. Professor Caplan received his Ph.D. from UC-Berkeley and was a tenure-track professor at Columbia University and Iowa State. His expertise is in management accounting, auditing, fraud detection, and accounting for entrepreneurial firms. Professor Dai joins us from the University of New Mexico, where she was an assistant professor of finance. Professor Dai is an expert on entrepreneurial finance, including private equity and venture capital.
    
    
93. Professor Sanjay Goel has organized the International Conference on Digital Forensics and Cyber Crime (ICDF2C), which will take place on September 30rd-October 2nd, 2009 at the Holiday Inn Albany on Wolf Road (see http://www.d-forensics.org/). This event is being sponsored by the School of Business, in collaboration with the Institute for Computer Sciences, Social-Informatics and Telecommunications Engineering and Create-Net, as well as the New York State Police and the New York State Division of Criminal Justice Services (DCJS). Professor Ingrid Fisher, Chair of our Department of Accounting and Law, is a Conference Co-Chair of this event.
    
    
94. Congratulations to Professor David Smith, whose co-authored paper, entitled “Performance and Characteristics of Actively Managed Institutional Equity Mutual Funds,” was published in the Journal of Investing. David also published three sole-authored book chapters: “The Economics of Mutual Funds” and “Mutual Fund Fees and Expenses,” which will appear in the Blackwell Companion to Mutual Funds, and “Residual Dividend Policy,” which is forthcoming in the Blackwell. Companion to Dividends and Dividend Policy.
    
    
95. Congratulations to Professor Kinsun Tam, whose co-authored papers, entitled “Ranking Accounting Journals: A Research Note Using Dissertation Citations” and “Transplanting Social Capital to the Online World -- Insights From Two Experimental Studies,” were accepted for publication in Accounting, Organizations, and Society (2008 Social Science Citation Index “Impact Factor” of 1.803) and the Journal of Organizational Computing and Electronic Commerce, respectively. Professor Tam also published a sole-authored paper, entitled “Developing Accounting Course Materials as Dynamic Content,” in the Journal of Emerging Technologies in Accounting.
    
    
96. Congratulations to Professor Guy Fernando, whose co-authored paper, entitled “The Sarbanes-Oxley Act, Perceived Earnings Quality and Cost of Capital” was accepted for publication in the Review of Accounting and Finance.
    
    
97. Congratulations to Professor Guy Fernando, whose co-authored paper, entitled “The Sarbanes-Oxley Act, Perceived Earnings Quality and Cost of Capital” was accepted for publication in the Review of Accounting and Finance.
    
    
98. Congratulations to Professor Seokjoo (Andrew) Chang, whose co-authored papers, entitled “Overlapping Liquidation Auctions: Empirical Characterization of Bidder Strategies and Auction Prices,” and “An Analytical Approach to Bundling in the Presence of Customer Transition Effects” were accepted for publication in MIS Quarterly (2008 Social Science Citation Index “Impact Factor” of 5.183) and Decision Support Systems, respectively. His paper in Decision Support Systems was co-authored with Professor Giri Kumar Tayi.
    
    
99. Congratulations to Professor Hany Shawky, whose co-authored article entitled “Quantitative vs. Fundamental Analysis in Institutional Money Management: Where's the Beef?,” was accepted for publication in the Journal of Investing.
    
    
100. Congratulations to Professor Eliot Rich, whose co-authored papers, entitled “Security in Large-Scale Internet Elections: A Retrospective Analysis of Elections in Estonia, The Netherlands, and Switzerland” and “Emergent Vulnerabilities in Integrated Operations: A Proactive Simulation Study of Economic Risk” were accepted for publication in IEEE Transactions on Information Forensics and Security and International Journal of Critical Infrastructure Protection, respectively. Professor Rich also recently received funding from the European Commission for his participation in the SEMPOC project to develop crisis management plans in the event of cross-border power grid failures. This two year activity, based in Spain and with more than twenty planned participants from across the European Union, examines service resilience and crisis response in the case of a multi-faceted attack or failure. He is the only non-EU participant in the project.
     
     
101. Congratulations to Professors Paul Miesing and Ray Van Ness, whose article entitled “Governance and Corporate Boards: Is Theory A Problem?,” was accepted for publication in the European Journal of Management. The article was co-authored with Jaeyoung Kang, one of our doctoral students.
     
     
102. Congratulations to Professors Richard Johnson, Cecilia Falbe, and Hal Gueutal, whose co-authored article entitled, “Technology, Trainees, Metacognitive Activity and E-Learning Effectiveness,” was published in the Journal of Managerial Psychology. Professor Johnson is serving as program co-chair for the Eighth Annual Workshop on HCI Research in MIS, which will be held in conjunction with the International Conference on Information Systems (see http://sigs.aisnet.org/sighci/icis09_wksp/index.htm) He will be I'll be the program co-chair for the next two years as well.
     
     
103. Congratulations to Professor Sanjay Putrevu, whose co-authored articles entitled “A Proposed Model of Online Consumer Behavior: Assessing the Role of Gender” and “Informational and Transformational Responses to Celebrity Endorsements,” will be published in the Journal of Business Research and the Journal of Current Issues and Research in Advertising, respectively. Professor Putrevu’s sole-authored article, entitled “Consumer Responses toward Sexual and Nonsexual Appeals: The Influence of Involvement, Need for Cognition, and Gender,” which appeared in the Journal of Advertising, was recently featured in the “What’s in the Journals” section of the Economist (see http://www.economist.com/businessfinance/management/displayStory.cfm?story_id=12286688).
     
104. Perkins + Will Selected as Architect for thr New Business School Building - I am pleased to report the Perkins + Will has been selected as the architect for the new School of Business building. This firm has constructed business school buildings at 15 universities, including Duke, Minnesota, Notre Dame and Arizona State.
105. Major Gift -Thanks to Dean Backer ’88 for his gift of $100,000 to establish a scholarship to support high-achieving finance students. We deeply appreciate your generosity.
106. Major Gift -Thanks to Roanne Kulakoff ’81 for her gift of $25,000 to provide financial aid to students at UAlbany. We truly appreciate your generous support.
107. Major Gift -Ernst & Young-Thanks to our alumni from Ernst & Young, who donated $100,000 to the School of Business in 2008. Much appreciated!
108. Update on Capital Campaign -The School of Business $9.75 million campaign has a goal of $3 million by June 30, 2009. As of March 31st, we have raised $2.7 million. To participate in the campaign, please contact Bill Roller at wroller@uamail.albany.edu. In recent months, I have met with alums in Florida, California, Boston, and Washington, D.C. and will continue to aggressively pursue this goal.
109. Congratulations to Professor Hany Shawky, who was recently ranked #550 in the world in the field of finance (out of over 9,000 academics), ahead of chaired professors at Harvard, Northwestern, Carnegie Mellon, Columbia, Rochester, and Ohio State. Fantastic! The ranking appeared in paper entitled "Most Prolific Authors in the Finance Literature: 1959-2008", which ranked academics on the basis of the number of publications they had published in the top 26 finance journals.
110. Congratulations to Professor Gary Yukl, who published “Leadership and Organizational Learning: An Evaluative Essay,” in Leadership Quarterly, considered to be the premier journal in leadership studies (Social Science Impact Factor of 1.763 in 2007).
111. Congratulations to Professor Saurav Dutta, who published “Enhancing Environmental Awareness in Future Business Leaders” in the International Journal of Environment and Sustainable Development. This paper was co-authored with two former faculty members, Dr. Raef Lawson and Professor David Marcinko.
112. Congratulations to Professor Raymond Van Ness, who had two articles accepted for publication. The first, entitled “Work Ethic: Do New Employees Mean New Work Values,” will appear in the Journal of Managerial Issues. The second will be published in DIAS Technology Review-The International Journal for Business and IT.
113. Congratulations to Professor Sanjay Goel, who delivered a Keynote Address at the National Expert Workshop on Enhancing Cyber-Security on February 26, 2009 in Belgrade.
114. Congratulations to Professor Giri Kumar Tayi, whose research was recently disseminated to the Infosys Technology Roundtable, an exclusive group of senior technology leaders representing key Infosys clients. Infosys is a multinational information technology services company headquartered in Bangalore, India. It is one of India's largest IT companies, with 103,000 employees, over 50 offices worldwide, and development centers in India, China, Australia, the Czech Republic, Poland, the UK, Canada and Japan.
115. Thanks to Professors Uday Chandra and Martin Fogelman for participating in an academic panel for prospective undergraduate students of color interested in our Business Administration and Accounting Programs at the Closer Look Program on Saturday March 21, 2009. I attended this workshop and can attest to the high quality of the prospective students invited to campus.
116. Thanks to Professors Guy Fernando, Ingrid Fisher, and Eliot Rich for participating in the “Faculty Phone-a-Thon” Program, which is designed to improve the University at Albany’s “yield rates” on admitted scholarship recipients to the University.
117. Thanks to Professor Jakov Crnkovic for conducting the Business Climate Survey of local firms, supported by Marvin and Company and the UAlbany School of Business. Dean Siegel and Kevin J. McCoy, CPA and Managing Director of Marvin and Company, held a press conference on February 25th to announce the results of the survey. Dean Siegel then appeared on Capital News Nine and Kevin McCoy was interviewed on WTEN and WRGB to discuss the broader implications of the findings. An article also appeared in the Times Union. Some upbeat news emerged from the survey. It appears that business owners in Capital Region aren’t planning to lay off many workers. More than 82 percent of the business owners who responded said they were not planning to lay off any workers during 2009. Economic conditions in our region appear to be much stronger than in other parts of the state and country.
118. My article, entitled “Does the Market Respond to An Endorsement of Social Responsibility?: The Role of Institutions, Information, and Legitimacy” (co-authored with Jonathan Doh, Shawn Howton, and Shelly Howton) was conditionally accepted at the Journal of Management. Another paper, entitled “The Growth of Gambling and Prediction Markets: Economic and Financial Implications,” (co-authored with David Paton and Leighton Vaughan Williams) appeared in Economica. I also have four book chapters that were recently published or are forthcoming: (a) “Real Effects of Private Equity: Empirical Evidence and a Research Agenda,” in Companion to Private Equity (Wiley-Blackwell). (b) “Ownership Change, Productivity, and Human Capital: New Evidence from Matched Employer-Employee Data,” (coauthored with Ken Simons and Tomas Lindstrom) in Producer Dynamics: New Evidence from Micro Data (University of Chicago Press). (c) “Assessing the Social Returns to Innovation: An Application of the Griliches/Mansfield Framework to University Technology Transfer,” (co-authored with Al Link) in Advances in the Study of Entrepreneurship, Innovation, and Economic Growth (Elsevier Science/JAI Press), and (d) “A Case Study of the Strategic Use of Corporate Social Responsibility: The American Gaming Association and the National Center for Responsible Gaming,” co-authored with Kate Spilde Contreras) in Corporate Social Responsibility: A Case Study Approach (Edward Elgar).

Best regards,
Don Siegel.