Since our charter class graduated more than 25 years ago, alumni
from the UC Davis Graduate School of Management have been making
their presence known around the world.
Our graduates are CEOs, vice presidents, chief financial
officers, chief operating officers and entrepreneurs. Around the
globe, they have taken prominent roles as international business
leaders in a wide range of industries and organizations.
Graduate School of Management alumni are actively involved in
their communities, and they make time for mentoring, advising and
assisting current students and networking with fellow graduates.
Testing the Lines of Communication with ‘Remote’ Workers
A recent academic study by Kimberly Elsbach of UC Davis and Daniel Cable of the London Business School found that workers who are seen at their desks during work hours are more likely to be considered responsible and dependable than telecommuters.
After Keystone Review, Environmentalists Vow To Continue Fight
Environmentalists are hoping that by blocking the Keystone XL pipeline, they can prevent Canada from developing more of its dirty tar sands oil. Amy Myers Jaffe, executive director of energy and sustainability at UC Davis, says the only way to keep the oil under the ground is to change the way we live. “Really, truly, it’s a lifestyle issue. We use 18 to 19 million barrels a day of oil in this country,” she said.
High Expense Ratios Hurt, But Watch Turnover, Too
The Hidden Cost of Doing Business: Investors know that fees are the enemy of return. But many may not realize the hidden costs incurred by their mutual funds. Interesting article by Barron’s about Associate Professor Roger Edelen’s latest research, revealing the three “invisible” costs that are eroding returns.
How Mutual Fund Trading Costs Hurt Your Bottom Line
When investors are shopping around for mutual funds, they have a wealth of data at their fingertips. They know, for instance, how much a given fund charges in management and operational fees (its expense ratio). They also know how a particular fund has performed over various time periods and what type of investments management held as of the most recent reporting date.
How Mutual Fund Trading Costs Hurt Your Bottom Line
When investors are shopping around for mutual funds, they have a wealth of data at their fingertips. They know, for instance, how much a given fund charges in management and operational fees (its expense ratio). They also know how a particular fund has performed over various time periods and what type of investments management held as of the most recent reporting date.
Four Nominees for Energy Secretary to Consider
Dr. Steven Chu is stepping down as energy secretary at the end of February. Chu’s departure can’t come soon enough to suit the Houston Chronicle. So who should be next? The Chronicle suggests Amy Meyers Jaffe in a list of four nominee’s who they believe would best serve our country.
How Does Telecommuting Affect the Workplace?
Yahoo CEO Marissa Mayer recently enacted a new policy that essentially bans employees from telecommuting. Kimberly Elsbach, professor at the UC Davis Business School, spoke with KQED about the impacts of telecommuting on firms and their employees.
Deep-Sea Drilling Muddies Political Waters
The oceans deep are a repository of many secrets. Shipwrecks have existed undisturbed for centuries, as have corals and fish of almost unimaginable diversity.
Now, increasingly, the secrets of the seabed are being looked at by companies drilling for oil and minerals. International geopolitics and the environment are getting more muddled as a result.
Amy Myers Jaffe, executive director for energy and sustainability at the University of California, Davis, said that the industry’s advances into deeper water had been steady but incremental.
Innovation and Choice
Innovation is about making the possible desirable and the desirable possible. But which direction innovation takes depends in large part on how we express those desires.
I wrote earlier about the market for lemons, in which information asymmetry prevents the emergence of market alternatives to Genetically Modified Organism-based foods.
Economist Debates – Fracking
Do the benefits derived from shale gas outweigh the drawbacks of fracking?
Proposer Amy Myers Jaffe defending the motion: “Energy is a fundamental service needed for daily living. Lack of access to fuel is a key driver of poverty and premature mortality. But as essential as energy is to human development, the reality is that all forms of energy production have environmental consequences. There is no single-source supply that can provide the benefits we need at the scale at which we need it without disturbing the natural world.
MicroMidas in the News
Feb 5, 2013 / Professor Andrew Hargadon Blog
“The SacBee today has a nice description of MicroMidas, UCD and Child Family Institute for Innovation & Entrepreneurship alum: Micromidas plans to turn cardboard into oil substitute.”
Suckers or saviors? Small investors buy up stocks
Fund flows offer no guide to future stock moves, says one analysis
With the Dow hovering around 14,000 as individual investors pour back in, Prof. Brad Barber says the data on investor stock flows isn’t a reliable guide to market direction. “It’s not a signal about where the market is heading,” Barber says, noting that on some occasions fund flows have peaked just as the market prepared to tank.
Globally known expert to teach at UCD Graduate School of Management
Carl Schramm, an internationally known expert on entrepreneurship, innovation and economic growth, is coming to teach at the University of California, Davis, Graduate School of Management.
Schramm, called the “evangelist of entrepreneurship” by The Economist publication, will teach in the spring quarter, beginning March 28.
Where Innovation Comes From…
January 30, 2013 / Professor Andrew Hargadon Blog
“A recent Kauffman report offers new and valuable insights into where venture-driven growth comes from. Literally. Not from what attributes of social media founders or which San Francisco coffee shops, but rather which sectors of the economy and which regions of the country. The findings are surprising and important for entrepreneurs thinking of starting a business, and policymakers thinking of helping them.”
Nothing Like a Good Fight Over Ideas
January 30, 2012 / Professor Andrew Hargadon Blog
“I’m not a big fan of ideas. Sure, ideas are great — some of my best friends are ideas. But managers tend to let our national obsession about having new ideas distract them from the hard work of building good products and successful ventures around what are almost always old ideas. So it was fun to see the great design OXO have at a competitor who claimed to ‘own’ an idea that both had built products around.”
CalPERS launches Sustainable Investment Research Initiative
CalPERS has launched the Sustainable Investment Research Initiative aimed at advancing the pension fund’s understanding of the impact sustainability factors have on financial performance, confirmed Anne Simpson, CalPERS senior portfolio manager and director of global governance.
The Nightingale Ratio
January 28, 2013 / Professor Andrew Hargadon Blog
“Submitted for your consideration: the Nightingale Ratio as the number of people helping others do something to the number of people actually doing that thing. In this case, the number of people helping entrepreneurs start something relative to the number of entrepreneurs actually starting something.”
High costs raise new questions about Arctic drilling
When Shell started buying leases to drill in the Beaufort and Chukchi seas in 2005, the company was betting on Americans’ thirst for any oil locked under those Arctic waters, which could replace declining crude production from Alaska’s North Slope and other onshore resources.
Flash forward eight years, and the scenario has changed dramatically. Global energy expert Amy Myers Jaffe weighs the risks and return of drilling in the arctic.
An Idea Whose Time Has Come
It's not just Obama -- the entire world is ready to get serious about climate change.
Global energy experts Amy Myers Jaffe and Danielle Sperling share an exciting revelation in this Foreign Policy piece, “the entire world is ready to get serious about climate change.”
University of the Pacific adding accounting programs
The Eberhardt School of Business at University of the Pacific is adding new programs in accounting for the fall term.
New programs of a master’s degree in accounting and a bachelor of science in accounting will launch in August 2013.
Last fall, the University of California Davis Graduate School of Management became the first school in the UC system to offer a master’s degree in accounting.