Archive for the ‘Freeman in the News’ Category

CNBC: Better Bet? MBA vs. CFA

Friday, June 5th, 2015

CNBC logo

From CNBC, June 3, 2015:

John Clarke, professor of practice and associate dean for graduate programs at the Freeman School, and Kurt Schacht, managing director of the Standards and Financial Market Integrity division of CFA Institute, appeared on CNBC’s Power Lunch  to discuss the benefits of an MBA versus CFA designation.


Nola.com: Will Blue Bell bounce back from recall?

Thursday, May 21st, 2015

nola.com

From Nola.com, May 21, 2015:

Loyal customers may return, but the recall is “incredibly damaging,” especially in areas where Blue Bell is still an unfamiliar name, said Janet Schwartz, an assistant professor of marketing at Tulane University’s A. B. Freeman School of Business.

Schwartz added it would take time for Blue Bell to win back the trust of ice cream sellers, especially after reports the company knew about listeria at an Oklahoma plant as far back as 2013.

Grocery stores, ice cream parlors and other distributors will need to see changes in how Blue Bell approaches food safety before they restock the brand, she said.

“People have emotional bonds to brands. Distributors don’t,” Schwartz said.

To read the article in its entirety, visit Nola.com:

http://www.nola.com/business/index.ssf/2015/05/blue_bell_recall_damages_brand.html


BizED Magazine: A Framework for Innovation

Monday, May 11th, 2015

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From BizEd Magazine, May/June 2015:

In laying out a framework to help business schools develop innovative programs, author J.D. Schramm highlights the Freeman School’s Burkenroad Reports program.

What did the Freeman School have to be, know, and do to sustain curricular innovation at this level? The Burkenroad Reports program is institutionally distinctive (it focuses on Gulf Coast firms), demand-driven (it serves the firms and the students), and collaborative (a team works under the direction of a visionary founder). It is pedagogically sound (it provides bootcamp research training), follows an appropriate schedule (it gives students Fridays off so they can travel to the firms), and is committed to continuous improvement (through a feedback loop). Finally, the program focuses on a narrow scope of operations (it works with smaller but publicly traded firms), provides engaging content (it develops skills that have real-world relevance), and offers experimental leeway (the dean allowed Ricchiuti to give it a try). Tulane had all nine factors in place to launch an innovative program—which is now in its 22nd year.

To read the article in its entirety, visit bizedmagazine.com:

http://www.bizedmagazine.com/archives/2015/3/features/a-framework-for-innovation/

 

 


Forbes: Political Risk, Price Freezes To Hammer UK Energy

Wednesday, April 29th, 2015

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From Forbes.com, April 28, 2015:

Dr. Iris Mack, a lecturer, market consultant and author of the book Energy Trading and Risk Management, opines that should natural gas be considered as a primary energy source, its pricing is affected by quantifiable exogenous variables including but not limited to weather, storage, transmission and seasonality.

“Electric energy is a secondary energy source. It has to be generated from the conversion of other primary energy products – such as, oil, natural gas, coal, wind, nuclear, solar, hydro, etc. Hence, the price of electric power is affected by the prices and availability of these primary energy sources,” she adds.

Factoring in the supply chain, we’d be looking at numerous market participants including brokers, power exchanges, system operators, dealers, traders, transmission operators, distribution operators, power producers and more – highlighting the challenges a carte blanche price freeze would face.

“The only way I think Miliband can fulfill his campaign promise is via government subsidies. However, that means the taxpayers will end up paying in the end,” Mack says.

To read the article in its entirety, visit Forbes.com:

http://www.forbes.com/sites/gauravsharma/2015/04/28/political-risk-price-freezes-and-dumb-economics-to-hammer-uk-energy-inc/


CFO.com: Persuasion by CFOs Could Spur Faulty Audits

Thursday, February 19th, 2015

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An article on CFO.com highlights new research by the Freeman School’s Kris Hoang on auditor reactions to persuasive tactics. For the study, Hoang and co-author Sanaz Aghazadeh looked at how 85 auditors from large international accounting firms react to persuasive language  from clients and pressure to accommodate their wishes.

The professors conclude that client-services pressure – the kind that may occur when a senior audit partner tells auditors that the client will be completing a satisfaction survey at the end of the audit – changes how the auditor interprets a client’s expression of confidence in the numbers. Auditors under such pressure “perceive client confidence as a cue to a persuasion attempt, rather than as an innocuous message,” according to the study.

But such skepticism about the client’s motives doesn’t spur auditors to fact-check the corporation’s numbers by consulting its vendors or customers. Auditors “only seek more powerful evidence when they encounter persuasive language under weaker client service pressure,” the researchers find.

“Thus, even though stronger client service pressure sensitizes auditors to persuasion, it simultaneously deters auditors from pursuing evidence from a more objective source,” they add.

To read the article in its entirety, visit CFO.com:

http://ww2.cfo.com/auditing/2015/02/unfriendly-persuasion-cfos-spur-faulty-audits/


Oldham named one of most influential I/O psychologists

Thursday, February 12th, 2015

In a new ranking by Human Resources MBA, the Freeman School’s Greg Oldham is named as one of the nation’s most influential living I/O psychologists.

Greg Oldham

Greg Oldham

Oldham, J. F. Jr. and Jesse Lee Seinsheimer Chair of Business and professor of management, is ranked 14th on the website’s list of The 30 Most Influential Industrial and Organizational Psychologists Alive Today. Human Resources MBA bases the ranking on a combination of publications, impact on industrial and organizational practices, influence on future research directions, and awards and recognition.

Oldham was singled out for his co-development of the Job Characteristics Theory, which suggests that challenging tasks serve as motivation while monotonous or boring tasks suppress motivation and lead to employee dissatisfaction. The theory, which provides a set of principles for enriching jobs,  is widely used by organizations.

Oldham joined the Freeman School in 2009 after serving as the C. Clinton Spivey Distinguished Professor of Business Administration and professor of labor and industrial relations at the University of Illinois at Urbana-Champaign. His research focuses on the contextual and personal conditions that prompt the creativity of individuals and teams in organizations. He has also conducted numerous studies on the effects of the design of work and work environments on employees’ effectiveness and psychological well-being. His research has appeared in many of the leading journals in the fields, including  Academy of Management Journal, Journal of Applied Psychology, Organizational Behavior Human Decision Processes, Administrative Science Quarterly and Journal of Management.

Human Resources MBA is an online education guide with resources to help aspiring HR professionals explore and choose the best human resources degree programs.


NOLA.Com: Mardi Gras contributed $465 million to economy

Wednesday, February 11th, 2015

nola.com

From NOLA.com, Feb. 9, 2014:

A new study on the economic value of the 2014 Mardi Gras season showed a total contribution to the New Orleans economy of $465 million, with a total of $17.5 million in tax revenues going to local government entities. The study, conducted by Tulane economics professor Toni Weiss with help from the Freeman Consulting Group, determined that the direct expenditures during the 2014 Mardi Gras season — accounting for things like hotels, food and alcohol, and krewe memberships — came to $164 million.

To read the article in its entirety, visit NOLA.com.

http://www.nola.com/business/index.ssf/2015/02/2014_mardi_gras_season_contrib.html


The Advocate: Entrepreneur puts muscle behind startups

Monday, February 9th, 2015

theAdvocateLogo

From The Advocate, Feb. 8, 2015:

Business writer Kathy Finn profiled John Elstrott, chairman of Whole Foods Market and former executive director of the Freeman School’s Levy-Rosenblum Institute for Entrepreneurship, in Sunday’s Advocate newspaper.

He has guided scores of young business students toward careers in business innovation, sometimes becoming an investor and board member in their startups.

That’s how Elstrott came to be involved in Dinner Lab, a member-based catering and events business that has quickly spread into 24 cities, where teams of highly trained chefs and wait staffs serve hundreds of guests at pop-up dinner parties hosted in unusual settings. Dinner Lab plans to enter the Baton Rouge market within the next few weeks.

Four of the company’s five founders were students of Elstrott at Tulane. “We approached John early on, and he joined our board and made the very first investment,” co-founder and CEO Brian Bordainick said.

To read the article in its entirety, visit TheAdvocate.com:

http://theadvocate.com/news/11523822-123/veteran-entrepreneur-puts-muscle-behind

 

 


Accounting Today: Prof seeks science behind accounting

Monday, January 26th, 2015

Accounting Today

From AccountingToday.com, Jan. 23, 2015

Accounting may be a profession mostly involving numbers, but for Lynn Hannan, a professor of accounting at the A. B. Freeman School of Business at Tulane University, factors such as psychology, sociology, and economics should also be a top priority.

“I was interested in how we can improve accounting to help people make better decisions,” she told Tulane’s website, focusing on the psychology behind employees and incentive systems.

To read the article in its entirety, visit AccountingToday.com:

http://www.accountingtoday.com/blogs/accounting-tomorrow/tulane-accounting-professor-seeks-the-science-behind-accounting-73407-1.html

 


Bloomberg Markets: Burkenroad Fund Tops Peers

Thursday, November 13th, 2014

bloomberg-markets

From Bloomberg Markets magazine, November 2014:

The fund takes its name from the Burkenroad Reports written by students at Tulane’s Freeman School of Business. Peter Ricchiuti founded the program in 1993 and named it after William Burkenroad Jr., a Tulane alum and donor. Each year, about 200 undergraduate and graduate students in Ricchiuti’s course fan out in teams across the South and spend a day with executives at about 40 publicly traded firms. The companies are often hungry for the attention, Ricchiuti says. “The further you are from Wall Street, the more you’re likely to find companies that nobody knows about. They don’t tend to get overpriced and overhyped.”

To read the article in its entirety, visit Bloomberg.com:

http://www.bloomberg.com/news/2014-11-13/burkenroad-fund-tops-peers-with-small-cap-stars-in-dixie.html



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