In the News
UC Davis tops the list of business schools that jumped up in U.S.News & World Report’s rankings, moving up 14 positions to No. 28.
Professor Paul Griffin’s ground-breaking research on insider trading suggest that U.S. companies gleaned almost $2 Billion in profits from buying and selling of stock in faltering companies. The joint-study was conducted with the University of Otago’s School of Business in New Zealand.
Coverage of our MBA students on international study trip led by UC Davis Center for Entrepreneurship Executive Director Wil Agatstein, who were briefed on the Chilean economy by Universidad San Sebastian’s Hugo Lavados, dean of Economics & Business Faculty, and the former Minister of Economy of Chile.
Professor Paul Griffin is cited in a discussion on the efficiency of company stock buybacks. Corporate executives and boards of directors can easily make their stock options more valuable without making any improvement to the business by executing buybacks, says Griffin.
Inside traders at public U.S. companies made nearly $2 billion from 2000 to 2007, according to the study led by Paul Griffin, a professor in UCD’s Graduate School of Management. The study tracked insider stock transactions that occurred during or near 1,718 first-time disclosures of debt covenant violations by companies. Statistical analysis showed that insiders sold stock one to two months ahead of market declines preceding a disclosure, and bought shares one to two months ahead of market recovery.
The University of California, Davis, Graduate School of Management’s full-time MBA program has been recognized as one of the nation’s best. The program was ranked among the top 6 percent of Association to Advance Collegiate Schools of Business International-accredited programs nationwide.
The biggest winners this year? The University of California at Davis and Texas Christian’s Neeley School of Business, both of which gained 14 places. Davis’ B-school moved up to 28th place from 47th, while Neeley jumped to 80 from 94. Davis’ gains allowed it to pull ahead of rival California at Irvine’s Merage School of Business, which fell four spots to 40th place this year.
Diversity in the workplace is no longer something that would be nice to have. It is a competitive imperative. In this opinion editorial citing the findings of the 2010 UC Davis study of women business leaders, Kim Box of the Sacramento Bee compares diversity to a secret weapon to be exploited in order to build the most successful organizations.
Coverage of Feb. 24 GSM Dean’s Distinguished Speakers event featuring Sacramento Mayor Kevin Johnson and Michelle Rhee, founder and CEO of StudentsFirst CEO, a nonprofit educational advocacy organization now officially headquartered in Sacramento.
Professor Kim Elsbach’s research is cited in a discussion of the negative perception of crying in the workplace. Elsbach said women who cried felt awful about doing so and, instead of using crying to manipulate, would have done anything to stop the flow of tears. Some women even felt the tears were damaging to their career prospects. Bosses, meanwhile, often feel uncomfortable and unsure what to do when faced with a weepy employee.
The UC Davis Graduate School of Management’s update of its internationally ranked MBA program curriculum further integrates globalization, responsible business ethics and sustainability to better reflect the current needs of the business world.
The University of California, Davis, Graduate School of Management has again been ranked in the top 10 percent of accredited business schools in the world and is No. 1 for the percentage of female faculty, according to new rankings compiled by the Financial Times of London. The Times’ global MBA ratings placed the UC Davis MBA program 43rd among MBA programs in the United States and 83rd globally. The UCD school also ranked in the top 10 percent of schools worldwide in last year’s ratings by the Financial Times.
“Entrepreneurs build networks that didn’t exist before,” says Prof. Andrew Hargadon, director of the UC Davis Center for Entrepreneurship, in an interview with the editor of North Carolina State University’s Center for Innovation Management Studies Technology Management Report (p. 6-9). Hargadon has been researching the innovation process since 1996 when CIMS helped to fund his dissertation on technology brokering.
Professor Andrew Hargadon’s views on innovation of new energy technologies are quoted in New York Times’ Andrew Revkin’s Dot Earth blog post about President Obama’s State-of-the-Union call for a new “Sputnik moment” to drive the country’s energy innovation imperative.
Professor Hemant Bhargava says the practice he and others researched adopted an EMR system that made tasks associated with treating sick patients — such as reviewing radiological images, notes from previous visits and charts of test data — more efficient. But tasks associated with well visits, such as data entry, were made more cumbersome and time-consuming for physicians who were used to quickly jotting down notes with a pen and paper.
About 30 growers and ranchers from the Yolo County region have banded together to sell their wares as the Capay Valley Farm Shop, launched by GSM alumnus Thomas Nelson. “If people have a relationship with the farmers who grow their food, it becomes a quality of life issue,” says Nelson.
In the study titled Boys Will Be Boys: Gender, Overconfidence and Common Stock Investment professors Brad Barber of the GSM documented that men traded 45 percent more than women and ended up having their net returns reduced by almost a full percentage point compared to women. In this Forbes article, Liz Davidson outlines a few tips that men can learn from women to become better investors.
Marketing Professor Ashwin Aravindakshan says Starbucks’ new logo may help the coffee giant expand into new, emerging markets, and that existing customers who may not like the new look won’t change the habits if they like the java.
Prof. Andrew Hargadon’s blog rated among the “50 Best International Business Blogs You Aren’t Reading Yet”. In his blog he writes about entrepreneurship, technology innovation, management, and sustainability
Emilee Schumer at Wines and Vines provides a first-hand account of her experience at our Wine Executive Program. In this article she discusses the topics covered in the program, the value available to up and coming wine execs, and her impressions of the experience as a whole.