Showing posts with label Greek crisis. Show all posts
Showing posts with label Greek crisis. Show all posts

Friday, August 21, 2015

Just Some of the Very Cool Accomplishments of Isenberg Faculty This Summer

One of the best aspects of the Isenberg School of Management in addition to, of course, our great students, is the faculty, who are my colleagues.

This summer there have been so many accomplishments at a time when the public think that we are just "on vacation" that I thought they would merit a blogspot. Besides being intellectual leaders, my colleagues are terrific educators and also genuinely nice and very interesting people.

My readers know that in late June and July I was in Greece co-organizing the Dynamics of Disasters conference with Professor Pardalos of the University of Florida and Professor Kotsireas of Wilfrid University in Canada.

We were in Kalamata, Greece on June 29, 2015 (the first day of our conference) when the banks closed due to the Greek financial crisis and the lines at the ATM machines (which had financial funds left) were growing.

My Isenberg colleague, Professor Nikos Artavanis of the Finance Department, meanwhile,  had been researching the crisis and what to do about it. His study, co-authored with two colleagues from the Booth School at the University of Chicago,  "Tax Evasion Across Industries: Soft Credit Evidence from Greece," revealed  that tax evasion was most prevalent among Greece's highly educated professionals, that is, doctors, lawyers, engineers, accountants, and even journalists. Hence, what was needed, was a good tax collector in Greece! Nikos's paper received international attention and a writeup from CBS News can be found here. 

Professor Artavanis, by the way, is Greek, and he often brings me back some Greek coffee from his travels there, which I very much appreciate.

And, another Finance professor at Isenberg, Dr. Mila Getmansky Sherman, with whom last September, along with my Operations and Information Management colleague, Professor Senay Solak, and Engineering colleague, Professor Wayne Burleson, we organized a great (I am biased but it was terrific) cybersecurity workshop at the Sloan School of MIT, also had great media coverage of her latest research. It was conducted with Professor Andrew Lo of MIT (who was a keynote speaker at our workshop). The paper, "Hedge Funds: A Dynamic Industry in Transition," was also co-authored with Peter Lee. According to the study, "due to inherent biases in the way hedge-fund databases compile results, the industry's returns have been about half as strong as they appear," as reported by Bloomberg News. The interview and report can be accessed here. 

My Marketing Department colleagues, Professors Charles Schewe and George Milne (who is also Isenberg's PhD Program Director), completed, along with two of our doctoral students and a colleague from Australia,  a fascinating study on baby boomers and aging. Their findings, according to the University of Technology Sydney, in Australia:
  • They found that what counts isn’t how many birthdays you’ve had but social, mental and biological factors.
  • With the help of the subjective age index, you may be able to correct any of those factors so you can ‘manage’ your age.
My Sports Management colleague, Professor Todd Crosset, earlier this summer, delivered an invited talk in Geneva on racism in sports. He was invited by the United Nations to speak on his work. 

My Accounting Department colleague, Professor David Piercey, shook up the auditing world this summer with his paper, which, through behavioral experiments, showed that forcing companies to periodically change their auditing firms can prove counterproductive. His paper was published this summer in The Accounting Review.  This research received extensive coverage in the accounting press.

And, Professor Bradley Bennett, also of Accounting, recently, received a big honor, the Wildman Medal Award, for his co-authored paper, with Professor Hatfield of the University of Alabama, "The Effect of the Social Mismatch Between Staff Auditors and Client Management on the Collection of Audit Evidence."

There are many other achievements but the above, I believe, provide a wonderful snapshot of the kind of research and activities that faculty at a business school, and, especially the Isenberg School of Management, engage in.

Having such successful and very active faculty keeps one constantly striving and achieving but, then again, we certainly love what we do!

Tuesday, June 30, 2015

Photos and Some Highlights of Dynamics of Disasters Conference in Greece

Today was the second day of the International Conference on Dynamics of Disasters, which is taking place in Kalamata, Greece, and which I co-organized with Professor Panos M. Pardalos of the University of Florida and Professor Ilias Kotsireas of Wilfrid Laurier in Canada. Below joining us in the photo are Professor Aleskerov of Russia and Professor Burcu Balcik of Turkey.

This focused conference has had paper presenters from Denmark, England, Canada, the US, Russia, Sweden, Greece, Austria, Turkey, among other countries, which speaks to the timeliness and importance of the conference themes, which appear on the conference website.

I have been delighted that there is even participation from the Isenberg School of Management alums, Professor Tina Wakolbinger and Professor Fuminori Toyasaki, both of whom were my PhD students in Management Science, and are now, respectively, Professor at the Vienna University of Economics and Business in Austria and Professor at York University in Toronto, Canada. Also, a recent alumna of the Isenberg School, Jenny Sargeant, who just graduated in May 2015 with her degree in Operations and Information Management, is also here and today even gave a talk. She had done a nice project and presentation in my Humanitarian Logistics and Healthcare class this past spring, and since there was a cancellation today, she gave her presentation in that slot. Jenny is now living in Germany and begins her job with the USO on Sunday.

Below is a photo of the UMass Amherst contingent at this conference along with Professor Adenrele Awotona of UMass Boston! I am holding an Isenberg School of Management folder in which we provided the conference program. Thanks to Dean Mark A. Fuller and Associate Dean Tom Moliterno for support for this conference!
I have enjoyed the talks immensely. The presenters come from different disciplines, including psychology and anthropology,  earthquake engineering,  and, of course, a good contingent of operations researchers and management scientists. This makes for very exciting discussions and presentation of different perspectives.  There are also experts in disaster management and emergency preperdness here, experts in policy, and also transportation.

The venue is spectacular as are the discussions.





Below are photos of some of the presenters to-date. More talks are taking place tomorrow and I will continue blogging the conference.





We managed to get a group photo taken of most of the presenters and registrants (although not all) - see below:
Special thanks to Professor Ilias Kotsireas, who has organized conferences before at the Elite Hotel in Kalamata, which is the venue for our conference. He has done an outstanding job making this conference possible. And, of course, with INFORMS Fellow ad OR/MS superstar Professor Panos M. Pardalos as a co-organizer, the conference has to be great!

This is also a very historic time in Greece, which is making headlines around the globe,  because of the debt crisis and the euro.  As you may have heard, one can only extract 60 euros per day from a Greek bank account so there are many lines at the ATM machines. Those having US accounts are being allowed to take out more euros daily. However, as we experienced today, some of the machines are running out of cash and also many of the restaurants, etc., are no longer taking credit cards. The country is holding a referendum this Sunday.

Below is a queue not far from our hotel at an ATM machine.