management
management
Overpaying CEOs, compared to their peers, may benefit shareholders
In the wake of the recent financial crisis, what many perceive as excessive executive salaries have grown as a target of popular outrage and Washington lawmakers. However, according to forthcoming research coauthored by a professor at the Penn State Smeal College of Business, overpaying CEOs as compared to their peers may actually benefit shareholders, while underpaying them could have negative consequences.
Two Penn State faculty to receive Sloan Industry Studies fellowships
Mark S. Anner, assistant professor of labor studies and employment relations and Forrest Briscoe, assistant professor of management, were selected to receive 2010 Sloan Industry Studies Fellowships. The Industry Studies Fellowships are presented to researchers engaged in ground-breaking investigative work that is increasing the knowledge of the complex influences shaping today's industries. The Fellows typically have developed strong partnerships within their chosen industries.
Certificate programs in business topics announced
Penn State Lehigh Valley's Office of Continuing Education is currently accepting enrollments for three certificate programs in supervision essentials, project management and functional management.
Smeal's management faculty ranked No. 1 in research productivity
For several years, researchers at Texas A&M University and the University of Florida have annually measured the productivity of U.S. and Canadian management departments by tallying how many of their articles appeared throughout the year in A-level management journals. Since 2005, the Department of Management and Organization at the Smeal College of Business has been ranked among the top two management departments each year, including No. 1 rankings in 2006 and 2008. Cumulatively, from 2005 to 2008, no school's faculty has published more in the top journals, despite the fact that Smeal's management department has fewer faculty members than almost all of its competitors.
CEOs' charismatic language leads analysts to less accurate projections
Securities analysts tend to offer more favorable, yet often inaccurate, forecasts to companies whose new CEOs use charismatic language in their vision statements, according to new research coauthored by Vilmos Misangyi, assistant professor of management at Penn State's Smeal College of Business. Misangyi and his colleagues measured the use of charismatic language in new CEOs' first letters to shareholders following their appointments and compared the frequency of charismatic language to analysts forecasts. Their results show that the more charismatic language that appeared in the letters, the more likely analysts were to give a higher rating to the company's stock, and those ratings end up being wrong more often.
Management professor's book urges Americans to create their own future
As America's leading politicians and candidates attempt to create a future for the nation that is appealing to its citizens, a Penn State Harrisburg faculty member is urging citizens to craft their own future. "The America of the future should not happen to citizens, but should instead be created by citizens," James T. Ziegenfuss Jr. writes in his newest book. Encouraging the nation's citizens and leaders to build a future for the nation they most desire is the foundation of Ziegenfuss' "Creating America's Future: Stopping Decay with Citizens, Students, and Strategies," just published by the University Press of America.
'Daily Art' serves as resource for managerial know-how
"It's easier to get people to move a statue than to move a stone." That food for thought is the first sentence in "The Daily Art of Management: A Hands-On Guide to Effective Leadership and Communication" (Praeger, 2008) by Peg Thoms and James Fairbank, members of the management faculty at Penn State Erie, The Behrend College. "Managers are often thrust into the roles of authority without having a concept of the fundamentals of management," said Thoms, professor of management. "There are more than seven habits that one must develop and they are not always common sense. Our goal is to help current and future managers develop and hone those skills."
Overpaying CEOs, compared to their peers, may benefit shareholders
In the wake of the recent financial crisis, what many perceive as excessive executive salaries have grown as a target of popular outrage and Washington lawmakers. However, according to forthcoming research coauthored by a professor at the Penn State Smeal College of Business, overpaying CEOs as compared to their peers may actually benefit shareholders, while underpaying them could have negative consequences.
Two Penn State faculty to receive Sloan Industry Studies fellowships
Mark S. Anner, assistant professor of labor studies and employment relations and Forrest Briscoe, assistant professor of management, were selected to receive 2010 Sloan Industry Studies Fellowships. The Industry Studies Fellowships are presented to researchers engaged in ground-breaking investigative work that is increasing the knowledge of the complex influences shaping today's industries. The Fellows typically have developed strong partnerships within their chosen industries.
Certificate programs in business topics announced
Penn State Lehigh Valley's Office of Continuing Education is currently accepting enrollments for three certificate programs in supervision essentials, project management and functional management.
Smeal's management faculty ranked No. 1 in research productivity
For several years, researchers at Texas A&M University and the University of Florida have annually measured the productivity of U.S. and Canadian management departments by tallying how many of their articles appeared throughout the year in A-level management journals. Since 2005, the Department of Management and Organization at the Smeal College of Business has been ranked among the top two management departments each year, including No. 1 rankings in 2006 and 2008. Cumulatively, from 2005 to 2008, no school's faculty has published more in the top journals, despite the fact that Smeal's management department has fewer faculty members than almost all of its competitors.
CEOs' charismatic language leads analysts to less accurate projections
Securities analysts tend to offer more favorable, yet often inaccurate, forecasts to companies whose new CEOs use charismatic language in their vision statements, according to new research coauthored by Vilmos Misangyi, assistant professor of management at Penn State's Smeal College of Business. Misangyi and his colleagues measured the use of charismatic language in new CEOs' first letters to shareholders following their appointments and compared the frequency of charismatic language to analysts forecasts. Their results show that the more charismatic language that appeared in the letters, the more likely analysts were to give a higher rating to the company's stock, and those ratings end up being wrong more often.
Management professor's book urges Americans to create their own future
As America's leading politicians and candidates attempt to create a future for the nation that is appealing to its citizens, a Penn State Harrisburg faculty member is urging citizens to craft their own future. "The America of the future should not happen to citizens, but should instead be created by citizens," James T. Ziegenfuss Jr. writes in his newest book. Encouraging the nation's citizens and leaders to build a future for the nation they most desire is the foundation of Ziegenfuss' "Creating America's Future: Stopping Decay with Citizens, Students, and Strategies," just published by the University Press of America.
'Daily Art' serves as resource for managerial know-how
"It's easier to get people to move a statue than to move a stone." That food for thought is the first sentence in "The Daily Art of Management: A Hands-On Guide to Effective Leadership and Communication" (Praeger, 2008) by Peg Thoms and James Fairbank, members of the management faculty at Penn State Erie, The Behrend College. "Managers are often thrust into the roles of authority without having a concept of the fundamentals of management," said Thoms, professor of management. "There are more than seven habits that one must develop and they are not always common sense. Our goal is to help current and future managers develop and hone those skills."







