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Convocation
Address Online
Richard Frank, a 1965 graduate of the College of Business, returned
to campus to deliver a convocation address to the Class of 2003.
His reflections and thoughts are available in their entirety. http://www.cba.uiuc.edu/publications/Features/2003.Convocation.html
MBA & EMBA Convocation Address Online
Avy Stein delivered the speech for the convocation exercises for
the Class of 2003 MBA and Executive MBA students. Excerpts from
Stein's speech are available online. http://www.cba.uiuc.edu/publications/Features/2003.Convocation.Stein.html
The Functionally Literate in India
Illiterate Indians, who have the basic skills to handle shopping
and other chores, may well be more functionally literate
than their counterparts in the US. The functionally literate in
the US have different challenges because of the more complex marketplace.
http://www.chennaionline.com/education/education/education19.asp
Research Summary: Outlet Stores Offer Retailers Options
Outlet stores -- both real and virtual -- are an excellent secondary
market for excess inventory that has a shorter shelf life because
of the mercurial nature of fashion. Two Business Administration
faculty are researching inventory management options for overstocked
items. http://www.cba.uiuc.edu/research/facultyresearchnews0503.pdf
Ikenberry and Lakonishok Research Study Cited,
Ikenberry Interviewed
Professor of Finance David Ikenberry was interviewed for an article
about proxy contests. The article also referenced the research he
and Josef Lakonishok published a decade ago. http://www.cba.uiuc.edu/publications/News/2003/May.ProxyContests.html
Smart Money Cites Research by Finance Faculty
Investing in hometown businesses may be an example of "local
bias" but it can often be financially advantageous. Research
by two Finance faculty reveals that those who invest locally can
have the advantage of information in addition to familiarity. http://www.cba.uiuc.edu/publications/News/2003/May.SmartMoney.html
Ikenberry Quoted on Stock Buyback
David Ikenberry commented to the Memphis Commercial Appeal
about stock buyback, a topic he has been researching for several
years. Link
to Memphis Commercial Appeal article.
MBA Team Scores Impressive Fourth Win in National Competition
For the fourth straight year, a team of Illinois MBA students won
first place in the NASA Means Business Competition held in Houston,
TX. Their innovative ideas struck a chord with the judges.
http://www.cba.uiuc.edu/publications/Features/2003.NASA.html
Weisbach Investiture
Finance Professor Michael Weisbach was formally invested as the
Stanley C. and Joan J. Golder Distinguished Chair in Finance earlier
this month. http://www.cba.uiuc.edu/publications/News/2003/May.GolderChair.html
Dean Gives State of the College at Roundtable
What is the agenda for the College of Business in the next decade?
Dean Avijit Ghosh answered that question at the May Roundtable in
Chicago. He also offered his perspective on the past year. http://www.cba.uiuc.edu/publications/News/2003/May.Roundtable.html
College Research Awards Announced
Two faculty, one from Business Administration and one from Economics,
were named recipients of Excellence in Research Awards late last
month. http://www.cba.uiuc.edu/publications/Releases/2003/April30.ResearchAwards.pdf
More Media Mentions for Gambling Researchers
Earl Grinols and John Kindt are frequently in the news because of
their gambling research. More and more states are considering establishing
state-sponsored gambling in light of their financial woes. http://www.cba.uiuc.edu/publications/News/2003/May.Gambling.html
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