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December 2010

In the news

The Boston Globe quoted Associate Professor of Accounting Mary Ellen Carter about mistakes made by publicly traded Massachusetts companies in reporting executive compensation.

The release of the Center for Corporate Citizenship’s Corporate Social Responsibility Index report highlighting companies that are seen as most credible in terms of corporate responsibility was picked up by BusinessGreen.com, EnvironmentalLeader.com, and MotherNatureNetwork.com.

Forbes reported on new research by the Center for Retirement Research that individuals approaching retirement neither spend less nor increase savings after children leave their homes. Pensions & Investments cited another study projecting that public pension plan contributions could account for more than double their recent share of state and local government budgets by 2014. And the Center was referenced in a USA Today piece on working past 65 and the job challenges faced by baby boomers in their senior years.

Fast Company cited a presentation on social activism given at the Center for Work and Family’s twentieth anniversary conference.

The Chief Executives’ Club of Boston hosted Brian Moynihan of Bank of America and Severin Schwan of the Roche Group, garnering press in The Wall Street Journal and Reuters, respectively.

Professor of Information Systems Mary Cronin’s most recent Smart Strategies column on TMC.net discussed a Website that will provide information about quality of care at hospitals. She also spoke with The Boston Globe about the success of Web retailer CSN Stores Inc.

Bloomberg News (also via Business Week) and Fox Business News, among others, reported on the financial reform panel sponsored by the Carroll School that featured U.S. Representative Barney Frank, FDIC Chair Sheila Bair, and Paul Volcker, chair of the President’s Economic Recovery Board. Professor of Finance Clifford G. Holderness moderated the discussion.

The Australian Broadcasting Company and BusinessNewsDaily.com cited a new study by Assistant Professor of Marketing Henrik Hagtvedt that finds that buying just one luxury item can lead to an unintended budget-busting spending spree.

Brad Harrington, executive director of the Center for Work and Family and associate research professor of organization studies, was interviewed by The Boston Globe about work experiences at companies of various sizes.

The Deal editor-in-chief Robert Teitelman praised Edward J. Kane’s paper “Missing Elements in U.S. Financial Reform: A Kubler-Ross Interpretation of the Inadequacy of the Dodd-Frank Act” in The Huffington Post. Kane also was quoted by The New York Times regarding where the bailout funds went and by The Wall Street Journal about November’s G-20 summit in Seoul.

Assistant Professor of Information Systems Gerald C. (Jerry) Kane talked with the Boston Herald about using Twitter as a sales tool.

Accenture Professor Katherine (Kay) Lemon spoke with BusinessNewsDaily.com about the influence of electronic word-of-mouth and reviews on Internet shopping sites.

Rev. Richard McGowan, associate professor of operations, information, and strategic management and an expert on the gambling industry, told NPR’s “Fresh Air” that many states legalize gambling so that money spent by gamblers doesn’t travel across state lines. He also commented on Massachusetts’s election results and gaming issues in South Coast Today.

Alicia H. Munnell, Peter F. Drucker Professor of Management Sciences and the director of Boston College’s Center for Retirement Research, wrote in the Los Angeles Times that the Bush administration tax cuts should be allowed to expire in order to help save the economy. Additionally, her vision of a new kind of guaranteed account, where the government would guarantee that beneficiaries receive a certain rate of return on their investments, was included in a story in U.S. News & World Report.

Carroll School MBAs, accompanied by Robert Radin and G. Peter Wilson, bring antlers and props to a visit with Warren Buffett in Omaha, Nebraska. Great photo ops, blogged The Wall Street Journal.

SeekingAlpha.com reported on a study by Associate Professor of Finance Ronnie Sadka revealing that hedge funds exposed to high illiquidity risk produce higher monthly alphas.

The Boston Globe quoted Associate Professor of Marketing Kathleen Seiders regarding a marketing campaign aimed at stemming Massachusetts’s “brain drain.”

Katherine V. Smith, executive director of the Center for Corporate Citizenship, spoke with Florida’s Bradenton Herald about Blackbaud’s new corporate citizenship initiatives.

Bloomberg News quoted Billy Soo, associate professor of accounting, regarding Bank of America’s decision to appoint its chief auditor to oversee home loan risk.

Associate Research Professor Richard A. Spinello, who specializes in ethics, spoke with the Boston Herald about hiring a consultant to consider raises for MassDevelopment staffers and the seemingly unregulated Massachusetts Ethics Commission.

Greg Stoller’s course, Business Planning and Entrepreneurship, was mentioned in BusinessWeek’s article “Business School Entrepreneurs.” Stoller is adjunct lecturer in the operations and strategic management department.

A Boston Globe article on competition for talented employees in Silicon Valley featured WePay, a company led by Boston College Venture Capital founder Bill Clerico ’07, and mentioned that it hosts Carroll School students participating in the TechTrek program.

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