Category: Faculty in the News

Faculty in the News: July 12, 2012

July 17th, 2012 in Faculty, Faculty in the News, Health Sector, News

BU experts on CEOs, Affordable Care Act, and banks

SMG_newsBoston University Public Relations’ Professor Voices blog features a sampling of quotes by experts from BU’s School of Management on recent issues impacting the business world:

“CEOs are not hired to take blame. The board wants a CEO who is going to proclaim victory, or better, achieve it.” (P&G to Philip Morris Blame Currency for Forecast CutsBloomberg)
James Post

“The new CEO needs to be separated from the bonus culture that is a cancer on the industry. A fixed salary with some long-term performance shares makes good sense for now.” (Diamond Antithesis Seen As Key Step To Repairing BarclaysBloomberg)
James Post

“In the wake of the Supreme Court decision establishing the constitutionality of the Affordable Care Act, many Republicans are focusing their opposition on states’ rights.” (No Letup in the Health-Law DebateNew York Times)
Stephen Davidson

“Banks can only be as strong or weak as the economy.” (As Economy Steadies, Bank Closings Become RarerAssociated Press)
Mark Williams

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Faculty in the News: July 5, 2012

July 9th, 2012 in Faculty, Faculty in the News, Finance, Health Sector, News, Operations & Technology Management

BU experts on Obamacare, too-big-to fail banks, Airbus, and gold prices

SMG_newsBoston University Public Relations’ Professor Voices blog features a sampling of quotes by experts from BU’s School of Management on recent issues impacting the business world:

“It may be good politics in the short run in some states, but it is lousy public policy no matter how you slice it.” (GOP governors a backstop against Obamacare?PoliticoArena)
By Stephen Davidson

“They are an exercise while things are fine, prepared by lawyers and not representative of what might happen. It’s false hope, unfortunately.” (‘Living Wills’ for Too-Big-to-Fail Banks Are ReleasedNew York Times)
Mark Williams

“They’d like to build in Alabama for a number of reasons. They’d like to win more U.S. business; in particular, getting defense deals. They lost a big defense contract about a year and a half ago for the U.S. Air Force for tankers. Defense is a big business for any airline producer.” (Airbus to build assembly plant in AlabamaNECN)
Allen Michel

“The salad days of gold investing are gone. Gold is an asset bubble that has begun to burst. It costs approximately $500 an ounce to mine gold, but currently this metal sells for over three times that cost. Historically, the mining-to-market cost has been closer to 1.5 times.” (A Golden AgeFinancial Advisor Magazine)
Mark Williams

“The pressure will certainly come from the Democrats, and also from patient-advocacy groups and from the health and medical community, because it is taking money out of the pockets of health professionals, physicians, and health centers. Some, for ideological reasons, will not cooperate. But the real question is whether they can sustain that with the political backlash that will occur.” (States may opt out of Medicaid expansionBoston Globe)
Joseph Restuccia

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Faculty in the News: June 28, 2012

June 29th, 2012 in Faculty, Faculty in the News, Finance, Markets, Public Policy & Law, News

BU experts on JPMorgan, Google, & Wells Fargo

SMG_newsBoston University Public Relations’ Professor Voices blog features a sampling of quotes by experts from BU’s School of Management on recent issues impacting the business world:

“Essentially, JPMorgan has been operating a hedge fund with federal insured deposits within a bank.” (JPMorgan Trading Loss May Reach $9 BillionNew York TimesMark Williams

“It gets them over the first discussion hurdle, that is they’ve alerted shareholders to the fact he’s going to have this health effect. The tough questions still lie ahead, and there will be continued pressure to keep answering those tough questions.” (Google CEO says “nothing seriously wrong”: sourceReutersJames Post

“By expanding so much in the mortgage industry, Wells Fargo is building a potentially dangerous concentration in one type of loan. What we know is that diversification is extremely important in banking.” (INSIGHT – Wells Fargo’s mushrooming mortgage riskReutersMark Williams

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Faculty in the News: June 21, 2012

June 21st, 2012 in Digital Technology Sector, Faculty, Faculty in the News, Health Sector, News

BU experts on Jamie Dimon, Supreme Court ruling on health care reform, & Blackberry

SMG_newsBoston University Public Relations’ Professor Voices blog features a sampling of quotes by experts from BU’s School of Management on recent issues impacting the business world:

Bossing around Jamie Dimon (Fox Business): Mark Williams, live in the BU studio, discusses JPMorgan Chase CEO Jamie Dimon’s testimony before the House of Representatives.

The Supreme Court and Health Care Reform (Huffington Post): Opinion piece by Stephen Davidson: “Even close Supreme Court watchers are reluctant to predict what the justices will decide about the constitutionality of the Patient Protection and Affordable Care Act (PPACA).”

Your Blackberry isn’t dead (yet): (Boston Magazine “Boston Daily Blog”): “It would be foolish to predict the demise of any company. Apple and IBM have been famously declared dead by many pundits who now are wondering about their predictions.” N. Venkatraman

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Faculty in the News: May 31, 2012

May 31st, 2012 in Faculty, Faculty in the News, News

BU experts on Consumer Reports ratings of MA docs, JPMorgan, Windows Live, & Facebook

SMG_newsBoston University Public Relations’ Professor Voices blog features a sampling of quotes by experts from BU’s School of Management on recent issues impacting the business world:

Magazine begins rating Massachusetts doctors (Associated Press): “People are going to stay with their own physician if they’re happy. They are not going to see these ratings and switch. But if they are looking for a new practice, for people moving into the state, students who are graduating and working in the state, they may be more likely to look at these Consumer Reports ratings.” Roberta Clarke

JPMorgan, the Volker Rule, and the Extreme Brevity of Financial Memor (Huffington Post): “JPMorgan Chase has a big hedge fund inside a commercial bank. They should be taking in deposits and making loans, not taking large speculative bets.” Mark Williams

Goodbye to Windows Live (and Whatever It Meant): (New York Times): “ ‘Windows Live’ — what does it mean? I can’t figure it out. I see no evidence of planning around a brand strategy.” Susan Fournier

Bank regulators under scrutiny in JPMorgan loss (New York Times): “The central question is why Jamie Dimon was able to so successfully convince both its regulators that there was nothing to see at the chief investment office. To me, it suggests that he is too close to his regulators.” Mark Williams

Facebook – lawsuit filed (WCVB): “I think Facebook has to focus on its brand first and foremost because 900 million people use it and they are all following the story.” N. Venkat Venkatraman

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Faculty in the News: May 24, 2012

May 24th, 2012 in Faculty, Faculty in the News, News

BU experts on Bain, worker safety, Google, and Facebook

SMG_news

Boston University Public Relations’ Professor Voices blog features a sampling of quotes by experts from BU’s School of Management on recent issues impacting the business world:

Do the Bain Hustle (Huffington Post): “The amounts of money are so vast that it is truly a matter of time before the taxation of private equity is front and center of the public agenda. Increasingly, this world of private equity looks like a world of robber barons, and Romney comes out of that world.”James Post

How Subcontracting Affects Worker Safety (PBS “Frontline”): “The more subcontracting, the more ‘fissuring’ of the work, the greater the risk for health and safety at the bottom of those chains.” David Weil

Google completes Motorola deal, heralding new era (Associated Press): “This gives Google a chance to develop and showcase a ‘next generation’ device for mobile computing. But it could also create a complex issue for Google. How do you balance the desire to create something that consumers love without upsetting the rest of the Android ecosystem?” N. Venkat Venkatraman

How to better understand your risk tolerance (MarketWatch): “I think that all these questionnaires are worthless and may be counterproductive.  All of the (risk-tolerance questionnaires) I have seen ask about time horizon. If an individual has a long time horizon, it is taken as an indicator of tolerance for risk. The possibility of having a long time horizon and yet being extremely averse to risk is ruled out.”Zvi Bodie

Swaps clearinghouses set for systemic designation (Bloomberg): “The big clearinghouses are providing the freeway on which these financial products can trade. The regulators are saying, ‘We need to understand what sort of activities are on it, and we need to control the speed limit on this freeway.’” Mark Williams

Facebook stock slide puts new pressures on company (Reuters): “While Facebook’s corporate governance practices leave much to be desired, the company is unlikely to feel any real pressure for change from investors for some time. If the company were to make a costly strategic blunder which raised questions about Zuckerberg’s leadership, that might increase pressure for change.” James Post

This Week in Business: Facebook’s IPO (NECN): N. Venkat Venkatraman discusses aspects of Facebook’s IPO, including what type of CEO Mark Zuckerberg might be now that the company is public.

Getting to retirement with a minimum of financial risk (New York Times): Zvi Bodie offers advice when investing for retirement, saying a “safety first” approach might be best.

Bill Ackman: JPMorgan loss ‘not that big’ in bank’s context (Newsmax): “JPMorgan Chase has a big hedge fund inside a commercial bank. They should be taking in deposits and making loans, not taking large speculative bets.” Mark Williams

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Faculty in the News: May 3, 2012

May 3rd, 2012 in Academic Departments, Faculty, Faculty in the News, Information Systems, Markets, Public Policy & Law, News

Experts weigh in on Romney and health care, Facebook IPO, and Barnes & Noble

Boston University Public Relations’ Professor Voices blog features a sampling of quotes by the School’s faculty experts, including:

Steve DavidsonSTEPHEN DAVIDSON
Professor, Markets, Public Policy & Law 

Romney and Health Care (Huffington Post): “Mitt Romney, the soon-to-be Republican presidential nominee, has worked hard to distance himself from the Massachusetts health care reform law he championed during his single term as the state’s governor.”

Steward Health Care reshaping state’s hospital industry (Patriot Ledger): “While this is a challenge for all systems, I worry particularly about for-profit companies. Their first allegiance is to their shareholders who want generous returns so the share price grows.”

Professor James PostJAMES POST
John F. Smith, Jr. Professor in Management 

Will Apple sputter when it runs out of Jobs juice? (MacNewsWorld): “Apple’s board has decided that Tim Cook meets the needs of the times. Tim Cook has a lot of the same kind of commitment as Steve Jobs but a different set of skills and a different style of leadership.”

VenkatramanNN. VENKATRAMAN
David J. McGrath, Jr. Professor in Management 

Is the Facebook IPO worth the risk? (TheStreet.com): “Other [investors] will focus on Facebook’s monetization machine and question if Facebook could create and maintain the growth in revenue and profits.”

Microsoft finds a nook of its own in Barnes & Noble (Los Angeles Times): “For Windows 8 (and Windows Phone) to succeed, it needs a broad cross-section of devices. Amazon’s Kindle Fire has over 50% of the Android OS Tablet market share win [sic] the USA, and B&N needs a credible road map for it to succeed.”

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Faculty in the News: April 27, 2012

April 27th, 2012 in Faculty, Faculty in the News, News

Experts weigh in on airlines, Facebook, and Wal-Mart

Boston University Public Relations’ Professor Voices blog features a sampling of quotes by the School’s faculty experts, including:

Michel-AllenALLEN MICHEL
Professor of Finance
 

on “The end of individual legacy airlines” (NECN): Michel discusses the future of the airline industry, mergers, and prices for consumers.

Professor James PostJAMES POST
John F. Smith, Jr. Professor in Management 

in “Wal-Mart Bribery Allegations Stir Up FCPA Debate Anew” (Wall Street Journal):

“I don’t see any political momentum to see FCPA reform now with what looks like a landmark case. You’d have a hard time in an election year, in any event, but I think the Wal-Mart case is so consequential it basically freezes the possibility of reform any time soon.”

in “Wal-Mart Probe Follows Decade of Sex Bias, Overtime Suits” (Bloomberg):

“Wal-Mart’s had a long history of legal conflict because they have a way of doing business that pushes the edges of what the law allows. Sometimes it goes over the line.”

on “Wal-Mart may face considerable fines, reputation issues” (Dow Jones Newswires):

“In [the wake of the FCPA investigation] are sure to follow lawsuits from a variety of government agencies, would-be competitors, and Wal-Mart shareholders. The company, many of its senior executives, and members of the board of directors all risk civil and criminal litigation.”

in “Wal-Mart may pay millions to resolve Mexican bribery allegations” (Los Angeles Times):

“You have an incredible amount of legal challenges that are going to take part as a result of these failures. The board of directors should bring in an outside firm to launch a full investigation. They have to open up the record on everything that’s happened here.”

VenkatramanNN. VENKATRAMAN
David J. McGrath, Jr. Professor in Management 

on “Facebook’s ‘watershed moment’: a breakdown of what the IPO means” (Professor Voices): Venkatraman discusses what the IPO means for Facebook employees, users, competitors and the broader economy.

in “Evaluating the risk factors of the Facebook IPO” (Professor Voices): Venkatraman on possible risk factors the company may face with the IPO.

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Faculty in the News: April 20, 2012

April 20th, 2012 in Faculty, Faculty in the News, News

School of Management experts on Goldman Sachs, the Supreme Court, Facebook, Sony Corp., and window displays

As noted by Boston University Public Relations’ Professor Voices blog, School of Management faculty have been extensively quoted in the media on recent issues impacting the business world. Their commentaries include:

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Faculty in the News: March 23, 2012

March 23rd, 2012 in Faculty, Faculty in the News, News

Experts weigh in on recent issues impacting business world

Boston University Public Relations’ Professor Voices blog features a sampling of quotes by the School’s faculty experts, including:

Professor James PostJAMES POST 

in “Proxy battle pits new Yahoo CEO against hedge fund” (Reuters):

“If he gets through the annual meeting and successfully navigates these issues then he’s going to be looked at as a more credible and effective CEO. If he doesn’t, he’s going to be seen as a weaker CEO. And if he’s seen as a weaker CEO, that’s like blood in the water.”

ALAN COHENcohenalan1 

in “Invitation to a Dialogue: Health care rationing” (New York Times):

“Lost in the rhetoric is the Affordable Care Act’s efforts to reduce rationing through mandatory coverage of preventive services and essential minimum benefits. The act holds promise for more rational allocation and consumption of scarce resources. But first, we must accept the fact that rationing already exists but needs to be made more equitable if we are to achieve better health for our citizens and better value for our health care dollars.”

VenkatramanNN. VENKATRAMAN 

in “Wishing upon their iPads” (Boston Globe):

“People are going to want access to high-definition content, so the tablet will be more useful. If I have a 2-gigabyte presentation and I want to suddenly pull that up in the class, I have to go to Google and have to upload it. Even if that takes 90 seconds, that’s 90 seconds of dead time in the class.”

Zvi BodieZVI BODIE 

in “Why Stocks Are Riskier Than You Think (Wall Street Journal):

“A growing sense of urgency is driving many investors to take reckless risks with their money.”

kkramKATHY KRAM 

in “The myth of the unhelpful female leader (The Globe and Mail):

“As women advance, they are expected to fit the male executive model. If they start prioritizing the company’s goals and strategic objectives and are stretched because they are in an increasingly senior role, they may have to put boundaries around how much they can support junior women.”

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