The Penn State Smeal College of Business has introduced a new podcast series that offers research-based insights and industry perspectives on the issues and trends shaping the world of business. Hosted by award-winning financial journalist and Smeal alum Farnoosh Torabi, the Better Business Podcast features Smeal alumni and faculty members as well as other high-achieving thought leaders in the world of finance, accounting, supply chain, marketing, management, real estate, and international business. Listeners can subscribe to or download episodes at most popular streaming services or at www.smeal.psu.edu/podcast.
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This article, which quotes Brett Christenson, assistant clinical professor of marketing and director of the Sports Business Program, appeared in the Philadelphia Inquirer on Feb. 9.
“An airline or a hotel or the NFL, they’re incentivized to [increase prices] because their competitors are going to do it, and it’s what the market is demanding.”
This piece, which cites research conducted by Matt Gustafson, associate professor of finance and Stuart and Michele Rothstein Early Career Professor, was published in the Financial Times on Jan. 15.
“In an article in the Journal of Financial Economics, Asaf Bernstein and Ryan Lewis at the University of Colorado at Boulder and Matthew Gustafson at Pennsylvania State University explore the price discounts on seafront properties at risk of flooding — with implications for evaluating different climate change policies.”
This article, which quotes Dan Guide, Smeal Chaired Professor of Operations and Supply Chain Management, was featured on CNN.com on Dec. 15.
“Tech goods and office supplies can be resold as certified refurbished and fetch a discounted price, but used household appliances and furniture are met with disgust, says Guide. The disgust factor is a psychological construct that has a close relationship with disposal. ‘The higher you score on the disgust scale, the less likely you are to tolerate any form of remanufactured product like vacuum cleaners, coffee pots and hand mixers,’ Guide explains. ‘When you get to personal care items like Sonicare toothbrushes, the general attitude is, ‘Get the hell away from me.’”
Research conducted by Brent Ambrose, Jason and Julie Borrelli Faculty Chair in Real Estate and director of the Borrelli Institute for Real Estate Studies, and Jiro Yoshida, associate professor of business and King Faculty Fellow, was cited in an analysis of the consumer price index that appeared in Bloomberg and reprinted in The Washington Post on Nov. 21.
“Does this truly represent market prices? That is, if you’re on a two-year lease, or you’re a long-term renter with a good relationship with your landlord, does the change (or lack of it) in your rent accurately reflect what’s going on with the cost of housing? Probably not, argued economists Brent W. Ambrose and Jiro Yoshida of Pennsylvania State University and N. Edward Coulson of the University of California at Irvine in a series of papers …”
Published in “The Long Game” newsletter in Politico on Dec. 8, this piece was based on a survey conducted by Penn State Smeal’s Center for the Business of Sustainability.
“The public tends to side with companies rather than legislators in the war on wokeism,” the report found. “Consensus sentiment among these voters centered on the notion that companies should be able to exercise their discretion regarding how they use their own funds and if companies wanted to invest in ESG initiatives that benefited society they should be allowed to freely do so without government interference.”
This piece, which appeared in the Wall Street Journal on Nov. 11, included insights from Ed Ketz, associate professor of accounting.
“Sometimes, though, bondholders have to sell in ways unforeseen. Many U.K. pension funds last month, for example, were forced to sell government bonds to raise cash for collateral calls triggered by rapid increases in bond yields. ‘That’s the only justification for having held-to-maturity: It’s so the banks would not have all this volatility in earnings for something that is presumed to be transitory,’ said Ed Ketz, an accounting professor at Pennsylvania State University. ‘But ask the question, what if the inflation is not transitory? The numbers are huge, absolutely huge.’”
With the evolution and growth of Penn State Smeal’s residential professional graduate program offerings, the Smeal undergraduate mentoring program will expand to serve one-year residential master’s students beginning in fall 2023. | Read More
Fariborz Ghadar, William A. Schreyer Chair in Global Management, Policies and Planning, has written a book titled “The Danger of Devaluing Immigrants.” | Read More
Franklin Carter, the William A. Donan Clinical Professor of Marketing, received two awards at the 2022 American Marketing Association International Collegiate Conference. | Read More
Penn State Smeal’s Institute for the Study of Business Markets has introduced the second edition of its landmark “Handbook of Business-to-Business Marketing.” | Read More
Since 1973, the Alumni Fellow Award, the highest award given by the Penn State Alumni Association, has been presented
to alumni who are considered leaders in their professional fields. | Read More
Alumni and friends gave a record-setting $116 million to benefit the Penn State Smeal College of Business during the University’s “A Greater Penn State for 21st Century Excellence” fundraising campaign. | Read More
With more than 90,000 living alumni, the Penn State Smeal College of Business has one of the largest alumni networks among all U.S. business schools. | Read More
Gift from Jeff and Wendy Gido aims to help Smeal students succeed in the rapidly growing industry. | Read More
Those who knew Penn State Smeal alum and faculty member John Coyle best, bypass his innovative, pioneering nature when they first share memories of him. Before he started his distinguished career in academia, Jack Stevens served for eight years in the U.S. Marine Corps. | Read More