Albers School of Business and Economics

News and Events

  • Albers News

    Students to Visit Warren Buffett

    Twenty Albers graduate students will be able to visit with investment legend Warren Buffett in Omaha, Nebraska on January 16th, 2015. SU will be one of forty schools participating in a Question and Answer Session with Buffett this year. The sessions are taking place on five different dates, and our students will be joining students from seven other universities, including the University of Chicago, Wisconsin, Rice, and Rutgers.

    BAP Garners Another Gold Chapter Award; Wins National Ethics Competition

    Albers' Beta Alpha Psi chapter received its fourth consecutive Gold Chapter Award at the American Accounting Association Annual meeting earlier this month. Only a handful of chapters are recognized with the award each year, so it is quite an accomplishment to receive it four years in a row. The chapter also placed first in the BAP national ethics competition.

    Internal Audit Program Gets IIA Promotion

    The Department of Accounting’s Internal Audit program has been promoted from Foundation level to Full Comprehensive level by the Institute of Internal Auditors’ educational partners program. Our program is now eligible for IIA financial support as well as providing our students with an IIA endorsement on their certificates and diplomas. Normally it takes at least several years to get to this level, but we have done it in less than a year, which is without precedent. Sarah Bee and Bruce Koch have led the charge in our pursuit of IIA endorsement.

    Sounders GM to Speak

    Adrian Hanauer, General Manager of the Seattle Sounders, will be participating in the Albers Executive Speaker Series on Thursday, April 16th, 2015. The event will be from 5:30 to 6:30 PM in Pigott Auditorium.

    Taryn Conquers Rainier

    Taryn Coles summited Mt. Rainier on August 3rd, as part of a Climb for the Cure group that raised $5,000 to support cancer research. She joins an elite group of Albers climbing enthusiasts who have conquered the mountain, including Fred DeKay, Greg Magnan, Madhu Rao, Katya Emm, and Rob Bourke.

     Summer Business Institute

    The Twelfth Annual Albers Summer Business Institute was held June 22-26. Thirty-one high school juniors from 19 different high schools participated, including one student from Hawaii. SBI offers underrepresented minority high school juniors the opportunity to explore various aspects of university life, including hands-on business classes and company visits. Barb Hauke and program director Carl Marino organize the program.

    Monterey Tech Students Visit Albers

    Nineteen undergraduate students from Tecnolόgico de Monterey participated in a program on innovation and management on the SU campus from June 23 to July 10th. The students attended classes delivered by Albers faculty and made company visits. The program was coordinated by Sue Oliver and Randy Massengale with assistance from the Education Abroad Office.

    Albers Placement Center Employer Breakfast

    The Albers Placement Center hosted the first annual Employer Breakfast on June 25th. Over 20 employer representatives attended to learn about plans for 2014-15, share best practices, and provide feedback on APC services.

    Three New Department Chairs

    Three new department chairs took over as of July 1. Ruben Trevino replaces Fiona Robertson as Chair of the Department of Finance. Madhu Rao replaces Greg Prussia as Chair of the Department of Management. Bridget Hiedemann will serve as acting chair while Gareth Green enjoys a one year sabbatical.

    Two Down and Two to Go

    Two study tours have safely returned to campus – Tina Zamora and Bryan Ruppert took a group of 17 students to Belgium, the Netherlands and Germany and Aaron Thornburg and Meena Rishi led a group of 19 students to Guatemala. Quan Le and David Reid will be taking a group to China in late August and Bill Weis will be leading a group to Italy in September (although technically it is not the traditional study tour, but an EQ class).

    Professional MBA Program Ranked 20th

    Albers' Professional MBA program is ranked 20th in the nation by Graduateprograms.com. The ranking is based on student survey responses. According to Graduateprograms.com, it reaches out to current and recent graduate students through scholarship entries as well as social media platforms. These program rankings cover a period from September 1, 2012 to April 15, 2014. Rankings cover a variety of student topics, such as academic competitiveness, career support, financial aid, and quality of network. To see the rankings,visit graduateprograms.com.

    Albers Undergrad Program Ranked by Business Week

    Albers is ranked 61st in the nation in Bloomberg Businessweek’s 2014 Best Undergraduate Business Schools ranking, moving up from 67th in the previous year. This puts Albers in the Top 35 among private schools, makes us the top private in the Northwest, and places us number two among all schools in the Northwest.

    US News Ranks Albers MBA Program

    US News and World Report ranks our Professional MBA program 68th in the nation and second in the Northwest. Our graduate accounting program is ranked fourteenth in the nation, and is tops in the Northwest and among Jesuit universities. The magazine recently released its 2015 rankings for graduate programs.

    SU Summer Research Fellowships

    Three Albers faculty members have received summer research fellowships from the university for summer, 2014.  They are:

    • Cathy Cao – "Employee Satisfaction and Firm Value"
    • Bridget Hiedemann – "The Cost of Deafness: Earnings Differences between Severely Hearing Impaired Individuals and their Hearing Counterparts"
    • Tina Zamora – "Power Dynamics in Earnings Conference Calls and Corporate Wrongdoing"

    Albers Summer Research Grants

    The following faculty members have received Albers Summer Research Grants for 2014:

    • Al Ansari – "Supplier Selection: Adopting the ‘Total Cost of Ownership’ Approach."
    • Bonnie Buchanan and Susan Weihrich – "Corporate Governance and Subsidiarity: Working Towards a Common Goal"
    • Katie Fitzpatrick – "The Effect of Child Savings Programs on Parental Investment in Children"
    • Brian Kelly – "The Role of Subsidies and Countervailing Measures in International Trade."
    • Claus Portner – "Testing the Theory of Equalizing Differences"

    US News Ranks Albers Undergraduate Program #119

    The US News and World Report 2014 undergraduate business program rankings places Albers as tied for 119th in the nation.  This places us in the Top 50 among private schools in the US and at the same level as schools such as Xavier, San Diego, and Creighton.

    Economics is #1!

    The Bloomberg BusinessWeek rankings of undergraduate business programs ranked Albers tops in the nation in macroeconomics! This comes on the heels of our #3 ranking in sustainability. You can read about our macroeconomics ranking at BusinessWeek.com.

    Publications

    Katya Emm's paper, “Intra-Industry Diversification and Firm Efficiency: A Study of the U.S. Insurance Industry,” has been accepted for publication in The International Review of Accounting, Banking and Finance.

     Quan Le's paper, “The Impact of an Integrated Microcredit Program on the Empowerment of Women and Gender Equality in Rural Vietnam,” co-authored with Katherine Dineen, has been accepted for publication in the Journal of Developing Areas. Dineen graduated from SU with a degree in Public Affairs and now works for AmeriCorps. The study grew out of her work in the International Development Internship Program.

    Brian Kelly's article, “Product Heterogeneity and Cost Allocations in Contingent Trade Protection,” has been accepted for publication in The World Economy.

    Marc Cohen's paper, “Transcendence and Salvation in Levinas’s Time and the Other and Totality and Infinity,” has been accepted for publication in Levinas Studies.

    Al Ansari's paper, "The Impact of Technology Transfer from Foreign Direct Investment in Developing Nations: A Case Study in the United Arab Emirates," co-authored with Batoul Modarress and Emil Thies (both at Zayed University), has been accepted for publication in the International Journal of Economics and Finance.

    Colette Hoption's paper, “Learning and Developing Followership,” has been accepted for publication by the Journal of Leadership Education.

    Jot Yau has had three articles published recently:

    • Business Ethics Research: Predominant Partners and Dissemination Channels," in Business Ethics: A European Review, with K.C. Chan (Western Kentucky University) and H.G. Fung (University of Missouri, St. Louis).
    • "Political Connections and Firm Overinvestment: Evidence from China," in the International Journal of Accounting and Information Management, with Z. Su (Zhejiang University of Technology), and H.G. Fung.
    • "Recent Policy Changes Toward the Internationalization of the Renminbi: A Review," in The Chinese Economy, with H.G. Fung and J.Y. Wu (National Formosa University).

    Vinay Datar's article, "The Value of Mutual Fund Fees: A Model," co-authored with Richard Borgman (U. of Maine), has been accepted for publication in Financial Decisions.

    Peter Raven's and Quan Le's paper, "Woman Entrepreneurship in Rural Vietnam: Success and Motivation Factors," has been accepted for publication in The Journal of Developing Areas.

    Jot Yau's book, Dim Sum Bonds: The Offshore Renminbi (RMB)-Denominated Bonds, co-authored with Hung-Gay Fung (University of Missouri, St Louis) and Glenn Ko (UBS), has just been published by Wiley.

    Eunice Rhee's paper, "Framing Controversial Actions: Regulatory Focus, Source Credibility, and Stock Market Reaction to Poison Pill Adoption," co-authored with Peer Fiss (USC), has been accepted for publication in the Academy of Management Journal.

    Bonnie Buchanan and Peter Brous had their paper, "Valuing "Raise Your Rate" Certificates of Deposit," co-authored with Albers alum Tony Orcutt, has been accepted for publication in Managerial Finance.

    Carl Obermiller and April Atwood had their paper, "Measuring Sustainability Literacy: Scale Development," has been accepted for publication by the Journal of Jesuit Business Education.

    Matt Isaac's paper, co-authored with Aaron Brough (Utah State), "Judging a Part by the Size of its Whole: The Category Size Bias in Probability Judgments," was accepted for publication by the Journal of Consumer Research.

    Jot Yau has had three articles accepted for publication: 

    • "A Leader of the World Commodity Futures Markets in the Making? The Case of China's Commodity Futures," with H.-G. Fung and Y. Tse (University of Missouri, St. Louis), and L. Zhao (Elon University), accepted for publication in the International Review of Financial Analysis.
    • "Offshore Renminbi-Denominated Bonds: Dim Sum Bonds," with H.-G. Fung (University of Missouri, St. Louis) and D. Tzau (Rainier Investment Management and Albers MSF alum), accepted by The Chinese Economy.
    • "The Dim Sum Bond Market and its Role in the Internationalization of the Renminbi," with H.-G. Fung (University of Missouri, St. Louis), accepted for publication in the European Financial Review.

    Sarah Bee' case, "Using Peachtree Software to Increase Your Knowledge of the Revenue and Expenditure Cycles," co-authored with David Hayes (James Madison University), has been accepted for publication in Compendium of Classroom Cases, published by the American Accounting Association.

    Peter Raven's article, "Microenterprises in Malaysia: A Preliminary Study of Factors for Management Success," co-authored with Mark Munoz (Millikin University), Dianne Welsh (UNC-Greensboro), and Sow Hup Chan (University of Macau), has been accepted for publication by the International Entrepreneurship and Management Journal.

    David Arnesen and Bill Weis had their article, "Did the US Supreme Court Decision in Koontz Threaten Rational Regulation or Provide Greater Stability for Real Estate Development?" has been accepted for publication in the Journal of Law, Business, and Ethics.

    Brian Kelly's article, "Market Economies and Concurrent Antidumping and Countervailing Duty Remedies," has been accepted for publication in the Journal of International Economic Law.

    Gail Lasprogata's article, "Values Change for Survival," has been accepted for publication by the Journal of Law, Business, and Ethics.

    Bonnie Buchanan's article, "Improving International Students’ Understanding of Local Culture and Financial Institutions: A Service Learning Application," has been accepted for publication by the Journal of International Education in Business.

    Marc Cohen's paper, "Genuine, non-calculative trust with calculative antecedents: Reconsidering Williamson on trust," has been accepted by the Journal of Trust Research for a special issue on Calculativeness and Trust.

    Cathy Cao's article, "Underwriter Reputation and Pricing of Risk: Evidence from Seasoned Equity Offerings," co-authored with Chongyang Chen (UT Dallas) and Joyce Qian Wang (Kean University), has been accepted for publication in the Review of Quantitative Finance and Accounting.

    Stacey Jones' textbook, Understanding Business Statistics, co-authored with Ned Freed (University of Portland) and Tim Bergquist (Northwest Christian University), has just been released by Wiley Publishers.

    Tina Zamora's article, "Contextual and Individual Dimensions of Taxpayer Decision Making, co-authored with Jeff Cohen and Gil Manzon (both at Boston College), has been accepted for publication in the Journal of Business Ethics.

    Katie Fitzpatrick's article, "The Effect of Bank Account Ownership on Credit and Consumption: Evidence from the United Kingdom," has been accepted for publication in the Southern Economic Journal.

    Claus Portner's paper, "High School Dropouts and Sexually Transmitted Diseases,"  co-authored with Mark Anderson (Montana State), has been accepted for publication in the Southern Economic Journal.

    Terry Foster's paper, "Navigating through the Fog of Cloud Computing Contracts," has been accepted for publication in The Journal of Information Technology & Privacy Law.

    Matt Isaac's article, "The Top-Ten Effect: Consumers’ Subjective Categorization of Ranked Lists," co-authored with Robert Schindler (Rutgers), has been accepted for publication in the Journal of Consumer Research.

    Al Ansari's and Diane Congratulations to Matt Isaac.  His article, "The Top-Ten Effect: Consumers’ Subjective Categorization of Ranked Lists," co-authored with Robert Schindler (Rutgers), has been accepted for publication in the Journal of Consumer Research.  JCR is on the Albers "Big Hit" list!Lockwood's article, "Emiratization: From Policy to Implementation," co-authored with Batoul Modarress (Zayed University), has been published in the International Journal of Human Resources Development and Management.

    Katya Emm's and Vinay Datar's paper, "Demystifying Free Cash Flow Valuation," has been accepted for publication in the Journal of Economics and Finance Education.

    Bonnie Buchanan, Chips Chipalkatti, and Bruce Koch had their article, "Enhancing Value in IT Services Off-shoring: Real Options Matter," co-authored with Jonathan Doh (Villanova), accepted for publication in the Asia-Pacific Journal of Risk and Insurance.

    Brian Kelly's article, "The Pass-Through of Subsidies to Price," has been accepted for publication by the Journal of World Trade.

    John Dienhart has co-authored "Encouraging Employee Reporting through Procedural Justice," a report recently published by the Ethics Resource Center. Co-authors included Tom Tyler (Yale), Celia Gonzalez (Harvard), Debra Shapiro (Maryland), and Linda Trevino (Penn State).

    James Lee's paper, "The Effect of Business Characteristics and ERP Implementation on Business Outcomes: An Exploratory Study of Korean Manufacturing Firms," co-authored with Pairin Katerattanakul (Western Michigan) and Soongoo Hong (Dong-A University, Korea), was accepted for publication in Management Research Review.

    Greg Magnan's paper, "Trust and Relational Embeddedness: Exploring a Paradox of Trust pattern Development in Key Supplier Relationships," co-authored with Marc Day (University of Reading), Stanley Fawcett (Weber State), and Amydee Fawcett (Arkansas), has been published in Industrial Marketing Management.

    Madhu Rao's book chapter, "Collaboration in Global Intra-Organizational Systems Development," will appear in Global Sourcing of Services, published by the IDEA group.

    Vidya Awasthi, Carlos Mello-e-Souza, and Chips Chipalkatti had their paper, "Selecting a Free Cash Flow Metric that Matters: Accuracy, Bias, and Ability to Predict Value," accepted for publication in the Journal of Applied Finance.

    Bridget Hiedemann's article, "Increased Risks of Needing Long-Term Care Among Older Adults Living with Same-Sex Partners, co-authored with Lisa Brodoff in the School of Law, has been accepted for publication in the American Journal of Public Health

    Sharon Lobel's article, "Predicting organizational responsiveness to poverty: Exploratory model and application to Brazil and the United States," has been accepted for publication in a Special issue of the European Management Journal on "National Context in Work-Life Research."

    Harriet Stephenson and Leo Simpson had their article, "Using Adjunct Faculty to Teach Entrepreneurship at an AACSB-Accredited Business Program: Synergies and Opportunities," co-authored with Kirk Heriot (Columbus State), published in the Small Business Institute Journal.

    Peter Raven's paper, "Microenterprise performance and micro-enterprise zones (MEZOs) in China", co-authored with Dianne Welsh (North Carolina Greensboro), J. Mark Munoz (Milliken University), and Shengliang Deng (Brock University), has been accepted for publication in Management Decision.

    Matt Isaac had a paper accepted for publication in the Marketing Science Institute (MSI) Working Paper Series. "Taking the Customer’s Point-of-View: Engagement or Satisfaction?" was co-authored with Bobby J. Calder and Edward C. Malthouse (both at Northwestern). MSI is an organization that bridges academic research and marketing practice. Working paper submissions are evaluated by a review committee, and accepted papers are published online and later consolidated into annual volumes, called MSI Reports. The paper is available here.

    Gareth Green and Dean Peterson had their article, "Deep Learning in Intermediate Microeconomics: Using Scaffolding Assignments to Teach Theory and Promote Transfer," co-authored with John Bean (Department of English), accepted for publication in the Journal of Economic Education.

    Marc Cohen's article, "Empathy in Business Ethics Education," has been accepted for publication in the Journal of Business Ethics Education.

    James Lee and Ben Kim had their article, "The Semiotic Structures of Information Systems," co-authored with Bandula Jayatilaka (SUNY Binghamton) and Pairin Katerattanakul (Western Michigan), has been published in Issues in Information Systems.

    Al Ansari's article, "The Effect of Transnational Threats on the Security of Persian Gulf Maritime Petroleum Transportation," has been accepted for publication in the Journal of Transportation Security

    Greg Prussia's article, "Does Employee Safety Influence Customer Satisfaction? Evidence from the Electric Utility Industry," co-authored with Geoff Willis (Central Oklahoma) and Karen Brown (Thunderbird), has been accepted for publication in the Journal of Safety Research.

    Leo Simpson's article, "Organizational Efficacy of Small and Medium-Sized Suppliers," co-authored with Shanan Gibson, Michael Harris, and Bill McDonald (all at East Carolina), has been accepted for publication in the Journal of Small Business Strategy.

    Rubina Mahsud and Greg Prussia had their article, "Ethical and Empowering Leadership and Leader Effectiveness," co-authored with Gary Yukl (SUNY-Albany) and Russell Hassan (Ohio State), has been accepted for publication in the Journal of Managerial Psychology.

    David Reid's article, "Intellectual Property Rights: A Comparative Perspective on Asia, the EU, and North America," has been published in NORTEAMÉRICA.

    Matt Isaac's article, "For Sale by Owner for Less than it is Worth," co-authored with Aaron Brough (Pepperdine), has been published in the Graziadio Business Review. You can read it here.

    Marc Cohen and John Dienhart had their chapter on "Citizens, Kant and Corporate Responsibility for the Environment," will be published in Kantian Business Ethics: Critical Perspectives, edited by Denis G. Arnold and Jared D. Harris, and to be published by Edward Elgar.

    Madhu Rao's paper, "Control and Coordination of Information Systems in Multinational Corporations: An Empirical Examination of Subsidiary and Host Country Factors," has been accepted for publication in the Journal of Global Information Technology Management

    Greg Prussia's article, "Development and Validation of the Performance Management Behavior Questionnaire," co-authored with Angelo Kinicki, Suzanne Peterson, and Kathryn Jacobson (Arizona State), has been accepted for publication in Personnel Psychology.

    Colette Hoption's article, "Submitting to the Follower Label: Followership, Positive Affect and Extra-Role Behaviors," co-authored with Amy Christie (Wilfred Laurier) and Julian Barling (Queens), has been accepted for publication in the Journal of Psychology.

    Peter Raven's article, "The Entrepreneurial Orientation of Family Microenterprises in Malaysia," co-authored with Dianne Welsh (North Carolina Greensboro), Mark Munoz (Millikin), and Sow Hup Chan (University of Macau), has been published in International Business: Research, Teaching, and Practice.

    Bill Weis' article, "Hypocrisy at The Lectern: Do Our Personal Lifestyle Choices Reflect Our Spoken Commitment to Global Sustainability? ," has been accepted for publication in the Journal of Management for Global Sustainability. The JMGS is a new journal sponsored by the International Association of Jesuit Business Schools and housed at Ateneo de Manila University.

    Marilyn Gist's article, "Self Efficacy," co-authored with Angela Gist, has been accepted for publication in the forthcoming edition of the Oxford Bibliographies in Management.

    Marinilka Kimbro's paper, "Does Voluntary Corporate Citizenship Pay? An Examination of the UN Global Compact," published in International Journal of Accounting and Information Management, has been chosen as a Highly Commended Award Winner at the Literati Network Awards for Excellence in 2012.

    Tina Zamora's article, "One Laptop per Child: The $100 Challenge," co-authored with Andrea Roberts (University of Virginia), has been accepted for publication in Issues in Accounting Education.

    Fiona Robertson and Bonnie Buchanan had their article, "The Economics of Sallie Mae," co-authored with Tom Arnold (Richmond), accepted for publication by the Journal of Structured Finance.

    Carl Obermiller's article, "Process Evidence for the Question-Behavior Effect: Influencing Socially Normative Behaviors," co-authored with Eric Spangenberg, David Sprott, Ronn Smith (all at WSU), and Anthony Greenwald (UW), has been accepted for publication in Social Influence.

    Jessica Ludescher's article, ""Caritas in Veritate: Promises and Challenges of the Catholic Contribution to Sustainability," has been accepted for publication by the Journal of Catholic Social Thought.

    Chips Chipalkatti's article, "Estimating Marketability Discounts: A Comparison Between Bid-Ask Spreads and Longstaff's Upper Bound," co-authored with Carl Luft, (De Paul University), Craig Levine (McGladrey & Pullen), and Lummezen Mondal (McGladrey & Pullen), has been accepted for publication in the Journal of Applied Finance.

    Susan Weihrich, Teresa Ling, and Joe Phillips had their paper, "Online Teaching Evaluations vs. In-Class Paper Teaching Evaluations: A Paired Comparison," accepted for publication by the Journal of the Academy of Business Education.

    Bonnie Buchanan's article, "Shareholder Proposal Rules and Practices: Evidence from a Comparison of the US and UK," with Jeffry Netter (Georgia), Annette Poulsen (Georgia), and Tina Yang (Villanova), has been accepted for publication in the American Business Law Journal.

    Bonnie Buchanan's article, "How Much Value within Foreign Direct Investment Can a Government Destroy?" co-authored with Tom Arnold (University of Richmond) has been accepted for publication in the Journal of Wealth Management.

    Carl Obermiller, David Arnesen, and Marc Cohen had their article, "Customized Pricing: Win-Win or End Run?" accepted for publication in the Drake Management Review.

    Marc Cohen's article, "Moral and amoral conceptions of trust, with an application in organizational ethics," has been accepted for publication by the Journal of Business Ethics.

    Matt Isaac's paper, "Finding a Good Home for Products We Love: How Buyer Usage Intent Affects the Pricing of Used Goods," co-authored with Aaron Brough (Pepperdine), has been accepted for publication in the Journal of Marketing.