LubinAchievementsReport200809

2008
2009
A YEAR of
ACHIEVEMENTS
ON THE COVER
2008-2009 Lubin speakers (top to
bottom): Joseph R. Ficalora, New
York Bancorp, Inc.; Larry Silverstein,
Silverstein Properties, Inc.; Nina
DiSesa, McCann Erickson New York;
David Snow, Medco Health; David
Liu, The Knot, Inc.; Maria Fiorini
Ramirez, MFR, Inc.; Dick Parsons,
Time Warner, Inc.; David Pecker,
American Media, Inc.
Honoree Paula Summa, BBA ’78,
MBA ’84 (third from left), with
Alumni Achievement Award
scholarship recipients
Dear Colleagues and Friends of Lubin,
I am delighted to present this publication highlighting the achievements of our 2008-2009
academic year. This was a year of continued transition for Lubin and Pace, and is also
remarkable for the many accomplishments of our faculty, staff, and students.
This past year Lubin hosted a variety of outstanding events and conferences, including our
Third Annual Forum on Contemporary Accounting Issues, featuring keynote interviews with
Samuel A. DiPiazza, Jr., Global CEO, PricewaterhouseCoopers; Robert Herz, chairman of the
Financial Accounting Standards Board (FASB); Tom Jones, vice chairman of the International
Accounting Standards Board (IASB); and Edward Nusbaum, CEO and executive partner, Grant
Thornton. The significance of the conference was illustrated by the extensive media coverage
including a 28-page article in the CPA Journal.
We also hosted several Executive in Residence (EIR) events on both the New York City and
Pleasantville campuses. This program has been at Lubin for more than 20 years, connecting
our students to some of the top leaders in industry and providing unique insights from a real
business perspective. Among our EIR guests this year were Nina DiSesa, chairman, McCann
Erickson; Joseph R. Ficalora, head of New York Community Bank; David Pecker, head of American
Media; Maria Ramirez, the top economic forecaster; and real estate mogul Larry Silverstein,
CEO of Silverstein Properties. We also introduced a new series, “Unleash Your Leadership,”
featuring interviews by executive coach Stephen Baum. Visiting CEOs this academic year
included David Liu, head of wedding Web site theknot.com; Dick Parsons, former chairman
of Time Warner (now chair of Citigroup); and David Snow, CEO of Medco Health. We also held
another successful marketing conference, The Executive Summit: Marketing & Technology–
The Next Frontier, featuring a keynote by Richard S. Braddock, CEO, FreshDirect.
There were also many innovative program additions at both the graduate and undergraduate
levels. On the graduate side, the groundwork was laid for our new MBA program, which was
launched in fall 2009, and for our new Master’s in Finance for Professionals, which launched
in spring 2009. Our part-time MBA program was ranked 26th nationwide in U.S. News &
World Report’s “America’s Best Graduate Schools” survey, and our undergraduate program
is ranked among the best business programs nationwide in U.S. News & World Report’s
“America’s Best Colleges” survey.
Our faculty excelled in research and publications, and some of their exceptional work is
highlighted here. Additionally, Lubin students and student organizations garnered many
awards and had numerous accomplishments.
On the fundraising front, we have raised $500,000 from special events honoring our alumni,
such as the 16th Annual Lubin Alumni Achievement Award Luncheon honoring Paula
Summa, BBA ’78, MBA ’84, general manager, ibm.com, IBM Corporation. The proceeds are
earmarked for the support of scholarships for students demonstrating outstanding academic
achievement, service, and financial need.
I hope that you enjoy reading about this past academic year’s highlights at the Lubin School
of Business and thank you for your interest and support.
Sincerely,
Joseph R. Baczko
Dean of the Lubin School of Business
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Lubin Forum
on
C o n t e m p o r a r y A cc o u n t i n g I s s u e s
International Accounting Standards:
Going From the Talk to Doing the Walk
O
n April 30, 2009, the Lubin School
presented its Third Annual Forum on
Contemporary Accounting Issues in Midtown Manhattan. The focus of the conference
was “International Accounting Standards:
Going From the Talk to Doing the Walk.” The
event was keynoted by luminaries in the
field of accounting including: Tom Jones,
vice chairman of the International Accounting Standards Board, who was interviewed
by Alan Murray, executive editor, online, The
Wall Street Journal; Samuel A. DiPiazza Jr.,
global CEO, PricewaterhouseCoopers, who
was interviewed by Emily Chasan, accounting
correspondent, Reuters; Robert Herz, chairman, Financial Accounting Standards Board
(FASB), who was interviewed by Floyd Norris,
chief financial correspondent, The New York
Times; and Edward E. Nusbaum, CEO, Grant
Thornton.
Two panel discussions, “Is America Walking
Yet?” and “Companies Talk About Starting
the Walk,” featured distinguished members
from the accounting profession, financial
reporters, and Lubin faculty members.
4
Herz noted: “I think the SEC needs to do a
very thorough study from a public policy
point of view of the impacts on our financial
system and our economy.”
Most of the participants agreed that while
there was a lot of momentum last year, clients
are now pulling back and not investing money
in converting to IFRS due to uncertainty about
the road ahead. DiPiazza took issue with the
notion that accounting standards, such as
those for fair value measurement, should be
adjusted to make it easier for banks to show
more positive results. “I don’t think our job is
stability, I think it’s transparency,” he said.
For more information and to view videos, photos,
and captions from this event, visit www.pace.edu/
lubin/accountingconference.
Keynote speaker Tom Jones, vice chairman of
IASB (right), being interviewed by Alan Murray,
executive editor, online, The Wall Street Journal.
FASB Chairman
Robert Herz gave the
luncheon keynote
address.
(Left to right) Keynote speaker Tom Jones with
Rudy Jacob, chair, Accounting Department, Pace
University; Panelist Patrick Edgar, audit partner,
KPMG; and Alan Murray, executive editor, online,
The Wall Street Journal.
5
Executives
in
Residence
Putting Theory Into Practice
F
or more than 20 years, Lubin’s Execu-
tive in Residence program has reflected
its “theory to practice” philosophy. The program fosters opportunities for corporate
partnerships and close relationships with
the corporate community, leveraging Lubin’s
New York location in the business capital of
the world. Each year, several senior executives take a break from the C-suite and come
to campus for a day to interact with students
and faculty. The visiting executives lecture
on timely business issues, providing unique
insights to students from a real business perspective. Students have the opportunity to
interact with the guest executives throughout the day, asking questions, learning about
opportunities within the industry, and sharing their concerns as they prepare for their
own business careers.
During the fall and spring semesters, five
dynamic business executives visited Lubin.
Joseph R. Ficalora, chairman, president,
and CEO, New York Community Bancorp,
addressed the current crisis in the banking
industry from an insider’s perspective. Nina
DiSesa, chairman, McCann Erickson New
York and author of Seducing the Boys Club:
Uncensored Tactics from a Woman at the Top,
offered insights into her meteoric rise in the
advertising industry, particularly addressing the unique challenges faced by aspiring
women senior executives. Larry Silverstein,
president and CEO, Silverstein Properties,
Inc. and one of the top real estate developers
in New York, discussed developments taking
place at Ground Zero and in the downtown
New York community. Maria Fiorini Ramirez,
BBA ’72, president and CEO of MFR, Inc.,
and one of the top economic forecasters in
the country as cited by The Wall Street Journal, provided timely insights into the current
economic crisis and the outlook moving forward. Lastly, David Pecker, BBA ’72, chairman
and CEO, American Media, Inc., lectured on
his publishing business, which produces
16 magazines and is the leading publishing company in the celebrity journalism and
health and fitness categories.
Joseph R. Ficalora, president, CEO,
director, New York Community
Bancorp, Inc.
6
Nina DiSesa, chairman,
McCann Erickson
New York.
Larry A. Silverstein,
president and CEO,
Silverstein Properties, Inc.
Maria Fiorini Ramirez,
president and CEO of
MFR, Inc., (fourth from
left) is surrounded by
Pace students, faculty,
and administrators.
David Pecker, chairman and
CEO of American Media, Inc.,
(AMI) poses with undergraduate students, who are holding
some of AMI’s top-selling
magazines, after his afternoon
lecture.
7
C EO S e r i e s
Unleash Your Leadership
L
ubin’s new executive leadership series
launched in fall 2008, Unleash Your Leadership, features interviews with successful
CEOs who share what shaped their respective leadership styles and career success.
The series, hosted by Stephen H. Baum,
an executive coach to senior management
leaders and former partner with global management consultants, Booz Allen Hamilton,
conducts interviews with industry leaders to
provide students with an understanding of
what builds character, an appetite to lead,
the confidence to embrace risk, the capacity to be decisive, an ability to engage and
inspire followers, and how important these
qualities are in leading others.
As an executive coach to senior management
leaders, Baum’s mission is not only to help
established leaders take their performance
up a notch, but also to help those who aspire
to more demanding levels of responsibility
to grow their leadership core. Students who
attend the leadership series will have an
opportunity to hear some of the brightest in
business discuss their ascent up the corporate ladder and see how to build a successful
career in business.
The program kicked off on November 25,
2008, with Dick Parsons, then-chairman of
Time Warner. Other CEOs that have participated in the series include David Snow, CEO
of Medco Health and David Liu, co-founder,
chairman and CEO of The Knot, Inc. All Pace
students and alumni are welcome to attend
these events.
For more information on the Unleash Your Leadership CEO Series, visit www.pace.edu/lubin/
ceoseries.
David Liu,
Dick Parsons,
co-founder,
former chairman,
chairman, and
Time Warner,
CEO, The Knot,
Inc.
Inc.
8
Entrepreneurship
Fifth Annual Pace Pitch Contest
O
n Thursday, December 4, 2008, the Lubin
School of Business welcomed would-be
entrepreneurs to the Fifth Annual Pace Pitch
Contest. The contest is based on the popular
concept of the Elevator Pitch, which asserts
that should an entrepreneur spot a potential
investor in an elevator, he or she would be
able to deliver a pitch during the brief ride.
Five finalists in the Social Venture category
and five in the New Business Concept category were each given exactly three minutes
to pitch their new venture ideas to a distinguished panel of judges. Eric Steele and
David Isserman were the Social Venture category winners for RareShare.org, a social hub
of online communities that brings together
patients, families, and health care professionals for sharing knowledge and personal
experiences about rare medical disorders.
Tiffany Rad, president of ELCnetworks, LLC,
was the winner in the New Business Concept
category for her idea OpenOtto, a software
Eric Steele, winner in the
Tiffany Rad, winner in
Social Venture category.
the New Business
Concept category.
platform that acts as an interface for communicating with all networked electronic
devices in a car. The winners each received
$1,000 awards for their ideas.
Professor Bruce Bachenheimer, (left) with
Gurbaksh Chahal, keynote speaker, and President of Pace University Stephen J. Friedman.
At the contest, keynote speaker Gurbaksh
Chahal, founder of ClickAgents and Blue
Lithium, spoke about his journey forming two
Internet advertising companies and becoming
a millionaire at the young age of 26. Chahal
is considered to be one of the youngest and
most successful entrepreneurs of recent
times. Before the contest, Chahal signed copies of his book, The Dream.
On December 3, 2009, the Sixth Annual Pace
Pitch Contest was held and over $50,000 in
cash prizes was awarded to 11 budding entrepreneurs. This event will be covered in the
next edition of this publication and photos
and details of the finalists and winning pitches
are now on the Lubin website.
For more information and to view videos, photos and
captions from this event, visit www.pace.edu/pitch.
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Alumni Achievement Award
16th Annual Lubin Alumni
Achievement Award Luncheon
T
he 16th Annual Lubin Alumni Achieve-
ment Award Luncheon honoring Paula
Summa, BBA ’78, MBA ’84, general manager
at ibm.com, was held on December 5, 2008,
at One Chase Plaza in downtown Manhattan.
More than $380,000 was raised at the event,
which was sponsored by IBM and JPMorgan Chase. The proceeds from the luncheon
provide important scholarship support to
Lubin students who demonstrate outstanding academic achievement, financial need,
and service to the University or community.
At the luncheon, 10 Lubin students were
awarded scholarships.
Paula Summa is a member of the Lubin Advisory Board and was selected as an honoree
because of her outstanding professional
Paula Summa, BBA ’78, MBA ’84, and Recent Alumni
Service Award recipient Sara Shikhman, BBA’03, JD.
career and her significant contributions and
service to the University. She has held various
financial roles in her career with IBM, working
with the different geographies and business
units, primarily in sales and distribution.
Sara Shikhman, BBA ’03, JD, was honored
with the Recent Alumni Service Award. This
award recognizes the professional accomplishments and contributions to Pace and the
Lubin School of Business of alumni who have
graduated within the last 10 years.
On December 4, 2009, Michael A. Clinton, MBA
’83, EVP, chief marketing officer, and publishing director, Hearst Magazines, was honored
at the 17th Annual Lubin Alumni Achievement
Award Luncheon. This event will be covered in
the next edition of this publication and photos
are now on the Lubin website.
10
Honoree Paula Summa, BBA ’78, MBA ’84
For more information and to view videos and pho-
(third from left), with Alumni Achievement Award
the 2008 luncheon, visit www.pace.edu/
tos from
scholarship recipients.
lubin/alumniluncheon.
Marketing Conference
The Executive Summit: Marketing &
Technology Conference
O
n May 8, 2009, advertising and media
executives and entrepreneurs seeking
strategies for success garnered insight and
expertise from many of the nation’s leading
marketing innovators at Pace’s Executive
Summit: Marketing & Technology–The Next
Frontier. The summit featured a marketing
brain trust from a broad range of industries
for a general session, as well as a series of
compelling tutorials and panel discussions.
Keynoting the Executive Summit was Richard
S. Braddock, CEO of FreshDirect, whose career includes significant tenure as chairman
and CEO of Priceline.com and president and
COO of Citicorp and Citibank, N.A. Panels covered such timely topics as product develop-
ment, leveraging technology to get results,
the role of technology in building brands,
making Internet and e-mail marketing work,
and balancing business results and consumer privacy. Tutorials covered how marketers
can optimize their database marketing efforts though multi-channel analytics, how to
effectively deploy search engine marketing,
and how to best use branded entertainment.
The conference was held on Pace University’s
downtown campus and attracted more than
200 attendees. The summit was co-sponsored by Pace University’s Lubin School of
Business, McGraw-Hill/Irwin, the Marketing
Executives Networking Group (MENG) and
The Wall Street Journal. Proceeds from the
summit benefited Lubin School of Business
scholarship programs.
For more information about the
Marketing Summit Conference, visit:
www.pace.edu/pace/executivesummit
Richard Braddock,
CEO of FreshDirect.
11
L u b i n G o lf C l a s s i c
11th Annual Lubin Golf Classic
M
ore than 100 alumni, corporate partners, and friends gathered to hit the
links and raise money for Lubin undergraduate scholarships on May 26, 2009, at the 11th
Annual Lubin Golf Classic at Wheatley Hills
Golf Club in East Williston, Long Island. This
event has become
an important fundraiser for Lubin,
raising significant
funds for undergraduate student
scholarships. Ten
Lubin
students
received scholarAttendees
ships from the proceeds of this year’s Golf
perused the
Classic, which raised more than $100,000.
auction items
and made At the dinner following play, Anthony (Tony)
their bids. Anzevino, BBA ’86, audit partner, National
stellar accomplishments throughout his
career and has served on the golf committee
for a number of years. Golf Classic scholarship recipient Shady Fahmy spoke on behalf
of all the scholarship recipients at the event.
Sponsors of the event included: Barnes &
Noble College Bookstores; Credit Suisse;
Diamond Tax Recruiting; Higher One; KPMG
LLP; NASDAQ OMX; Patti & Sons; Pustorino,
Puglisi & Co.; and UBS Investment Bank.
Committee co-chairs were: Jim Anziano, audit
partner, Pustorino, Puglisi & Co., LLP, and
Tony DeLuca, chief financial officer, Moore
Capital Management LLC.
For more information on the Lubin Golf Classic,
please contact Arleen Johnson, anj enterprises, at
[email protected] or (845) 221-9931.
Sector Leader, Banking and Finance, KPMG
LLP, was honored with the Lubin Golf Classic
Alumni Award. This award is presented to an
alumnus of the Lubin School of Business who
has demonstrated leadership in professional
accomplishments and a commitment to both
Lubin and Pace. Anzevino has demonstrated
2009 honoree Anthony T. Anzevino, BBA ’86, audit
partner, KPMG, flanked by Lubin Associate Dean
Barbara Rose Aglietti, producer of the Golf Classic;
Jim Anziano, audit partner, Pustorino, Puglisi &
Co., LLP; and Mike Caramico, BBA ’84, MS ’93.
Scholarship recipients proudly welcomed
the golfers to the evening reception at
12
Wheatley Hills.
Student Highlights
International Field Study Courses
P
rofessionals entering today’s global
economy require a well-rounded business education that fuses contemporary
disciplines with international applications
and hands-on experience. Pace University’s
Lubin School of Business is committed to
providing global learning opportunities for all
undergraduate and graduate students. This
academic year, Lubin students visited the following countries.
Brussels and London: This field study course
focused on strategic implications of the European Union and European Commission on U.S.
firms marketing in Europe. Participants met
with top executives at international advertising
agencies and visited global marketing firms.
Students also studied the effect of culture on
global business relationships and visited Coca
Cola, Duvel Moortgat, Federal Express, and
McCann Erikson, as well as government institutions such as the U.S. Commercial Service,
the Council of the European Union, and the
European Business School in London.
Lubin students outside Azul headquarters in
Barueri, Brazil.
ronmental issues. Students visited a variety
of organizations, including for-profit and
non-profit government agencies, and entrepreneurial organizations that demonstrate
sustainable business practices. Some of these
included Azul (a domestic airline), Cosan (a
provider of renewable energy), Embraer (an
aircraft manufacturer), and Petrobras (oil production). In Ilha Grande and Paraty, students
studied sustainable business practices and
participated in a community green mapping
project.
Brazil: This field study travelled
to Rio de Janeiro, Sao Paulo,
Paraty, and Ilha Grande to learn
about sustainability and the
important role of businesses
in society. This trip provided
students with an interdisciplinary experience in the study of
business, energy, and enviStudents in Tiananmen Square in Beijing.
13
Student Highlights
China: Students travelled to Shanghai, Bejing,
and Hong Kong, and focused on the application of business practices in a rapidly evolving
Asian climate. The course combined a group
of students studying international accounting
with a group of international management students. Together, the group visited companies
such as Deloitte, Google, KPMG, MasterCard,
and Merck, where students
interacted with executives and
other key business leaders.
14
Finland and Russia: This field study explored
the theme of “Economic Competitiveness and
Leadership.” Students studied the characteristics of international business and financial
markets, and evaluated the associated risks
and benefits within the framework of changing
global economic conditions, devoting special
attention to Europe and regional integration.
Dubai and London: This field
study examined the parallels between the financial
markets of New York, Dubai,
and London, focusing on the
principles and practices of
Islamic Finance and Sharia’a
compliant financial institutions. In addition, students
enhanced their cultural and Lubin students outside Sitra headquarters in Helsinki, Finland.
historical understanding of the city of Dubai, Students had the opportunity to meet with
the United Arab Emirates, the Gulf Coopera- political and business leaders, and learn about
tion Council, and Islam. In Dubai, the group the business culture in Helsinki, St. Petersburg,
visited the Dubai International Financial Cen- and Moscow. Business visits included Sitra,
ter, one of the largest free-zones in the Middle Citibank, the American Chamber of Commerce,
East. Students also visited the Dubai Financial Corning, Gamma Manufacturing Company, and
Market (a domestic stock exchange), Wasl the New Economic School. There were also
(a large government real estate asset man- several key cultural visits such as the Hermitagement holding company), Emirates NBD age in St. Petersburg.
(a banking group), Tatweer (an asset manager),
and Tecom Investments (a major conglomerate). In London, students attended two days
of educational programming at the Foundation for International Education, including
a symposium on Western attitudes toward
doing business in the Middle East, which also
included a tour of Parliament.
Student Highlights
IRS Special Agent
for a Day
Student Achievements
Accounting students from Pace University and
Queens College teamed up with real Internal
Revenue Service (IRS) special agents for a funfilled day of mock investigations in the fall semester. Students went undercover with experienced agents to investigate tax fraud. Working with IRS criminal investigators, students
learned federal law enforcement techniques,
such as undercover surveillance, subpoenas, and search and arrest warrants, and enacted scenarios investigating financial fraud.
Visit pace.edu/lubin/irs to see photos.
Pace University’s New York City Advertising
Team placed second out of a field of nine
teams and the Pleasantville Ad Team placed
second out of a field of ten teams in this year’s
American Advertising Federation’s National
Student Advertising Competition. The competition is the premier college advertising challenge and is also referred to as the “Olympics
of Advertising.” It provides more than 3,000
college students with real-world experience
by requiring a strategic advertising campaign
for a corporate sponsor.
Pace Advertising Club
Beta Alpha Psi Regional
Competition
Beta Alpha Psi students at the
Regional Competition.
Lubin’s Iota Lambda chapter
of Beta Alpha Psi, the national
scholastic and professional organization for financial information students and professionals,
competed in the Beta Alpha Psi
Regional Conference Best Prac
tices competitions. The chapter
participated in three competitions and won prizes in two categories. Iota
Lambda placed first in “Developing Life Skills:
Helping Others Succeed” and second in
“Service Learning: Using Your Skills to Help
a Local Organization.” Lubin’s Iota Lambda
chapter received the Gold Chapter Award
at the conference and was again granted
“Superior Chapter Status.”
15
Student Highlights
PUMA
The Pace University Marketing
Association (PUMA) garnered a
number of awards at the American Marketing Association Collegiate Conference in New Orleans in March 2009. The New
York chapter won three awards
in the Chapter Award Competition, including Outstanding
Chapter Planning. The Pleasantville chapter
won an award for Outstanding Professional
Development, as well as three awards for its
chapter exhibit. The students also participated in the Chapter Exhibit session, where they
created an exhibit depicting their activities
during the year, which included hosting the
Northeast Regional Conference.
VITA
Lubin’s Iota Lambda chapter of Beta Alpha
Psi annually organizes the Volunteer Income
Tax Assistance (VITA) program,
where they offer free tax assistance to low-income individuals and retirees. The program
serves as a volunteer activity
for members of the organization and the Pace community.
Volunteers are trained by the
IRS and obtain certification
by passing a basic proficiency
exam. This year, 50 Beta Alpha Psi students
became certified tax preparers. In April 2009,
the students prepared nearly 160 tax returns.
16
PUMA students
with their adviser,
Professor Dennis
Sandler (far right).
NABA
The Pace chapter of the National Association
of Black Accountants (NABA) placed first in its
membership division in the Association’s annual competition for the quality, variety, and
quantity of their chapter activities. Pace has
placed first seven times in the last eight years.
The chapter was recognized at the NABA
National Convention in New Orleans in June
for its outstanding achievement, and was presented with a banner recognizing its excellent
performance.
Lubin students
at the NABA
National Convention in New
Orleans.
F ac u lt y R e s e a r c h
and
S c h o l a r ly A c t i v i t i e s
Faculty Scholarship
Refereed Publications
Accounting
Sarkar, J., Sarkar, S., Sen, K., (2008). “Board
of Directors and Opportunistic Earnings Management: Evidence from India.” Journal of
Accounting, Auditing, and Finance (4): Vol.23.
Kam, C., Farrell, B., Lee, P., (2008). “Earnings
Management of Firms Reporting Material
Internal Control Weaknesses Under Section
404 of the Sarbanes Oxley Act.” Auditing: A
Journal of Practice and Theory.
Ettredge, M., Sun, L., Lee, P., Anandarajan, A.,
(2008). “Is Earnings Fraud Associated with
High Deferred Tax and/or Book Minus Tax
Levels?” Auditing: A Journal of Practice and
Theory (1): 1-33, Vol.27.
Tang, C., Lustgarten, S., (2008). “Analysts
Heterogeneous Earnings Forecasts and Stock
Recommendations (forthcoming).” Journal of
Accounting, Auditing, and Finance (3): 377401, Vol.23.
Li, C., Cable, R., Healy, P., (2009). “Cross Country Differences in the Use of Management
Accounting Tools.” Journal for Global Business
Advancement (2): 112-124.
Chin, C., Chen, Y., Kleinman, G., Lee, P., (2009).
Corporate Ownership Structure and Innovation: Evidence from Taiwan Electronics
Industry.” Journal of Accounting, Auditing,
and Finance.
Jaggi, B., Lin, B., Govindaraj, S., Lee, P., (2009).
“The Value Relevance of Corporate Restructuring Charges.” Review of Quantitative Finance
and Accounting (2): 101-128, Vol.32.
Healy, P., Cable, R., (2008). “Fairfield Mortgage
Services and Teaching Notes.” IMA Education
Case Journal.
Finance
Morey, M., Gottesman, A., Baker, E., Godridge,
B., (2009). “Does Better Corporate Governance Result in Higher Valuations in Emerging
Markets? Another Examination Using a New
Data Set.” Journal of Banking and Finance.
Salerno, J., (2008). “The Entrepreneur: Real
and Imagined Quarterly.” Journal of Austrian
Economics (3 & 4): 188-207, Vol.11.
Mantell, E., (2008). “A Probabilistic Theory
of Entrepreneurial Financing.” Annals of Economics and Finance (1): 177-197, Vol.9.
Lopez, R., Dannels, J., (2008). “Sapphire
Shop.” Journal of Financial Education: 155174, Vol.34.
Wynne, K., Weisbord, E., Doug, L., (2008).
“A Cross-Disciplinary Approach to Teaching Financial Analysis and Corporate Global
Diversification Strategy.” Journal of Financial
Education.
Tucker, A., (2008). “Son of BOSS.” Journal of
Derivatives.
Legal
Malinowski, C., Comizio, J., Kraus, R., (2008).
“Model for Teaching Law and Ethics in a Marketing Business Environment.” North East
Journal of Legal Studies: 127-144, Vol.20.
Zern, M., (2008). “Tax Court Reverses Course
on Deduction of MBA Costs.” North East Journal of Legal Studies (21): Vol.19.
17
F ac u lt y R e s e a r c h
and
Barnet, T., (2008). “Lobato v. Taylor and Torrens
Title Lost to Legal Fictions.” Missouri Environmental Law and Policy Review (2): Vol.15.
Kraus, R., Girasa, R., (2009). “The Demanding
Fiduciary Duties of Not-For-Profit Directors and
Officers.” North East Journal of Legal Studies:
55-68, Vol.21.
Comizio, J., Malinowski, C., Kraus, R., (2008).
“A Model for Teaching Law and Ethics in a
Marketing Business Environment.” North East
Journal of Legal Studies.
Marketing
Till, B., Stanley, S., Priluck, R., (2008). “Classical Conditioning and Celebrity Endorsers: An
Examination of Belongingness and Resistance
to Extinction.” Psychology & Marketing (2):
179-196, Vol.25.
Gable, M., Topol, M., Lala, V., Fiorito, S.,
(2008). “Differing Perceptions of Category
Killers and Discount Stores.” International
Journal of Retail & Distribution Management
(10): 780-811, Vol.36.
Vambery, R., Mayer, P., (2008). “Aligning
Global Business Strategy Planning Models
with Accelerating Change.” Journal of Global
Business and Technology (1): 44-64, Vol.4.
Management
Tarique, I., Schuler, R., (2008). “Emerging
Issues and Challenges in Global Staffing: A
North American Perspective.” International
Journal of Human Resource Management (8):
1397-1415, Vol.18.
Swift, P., Hwang, A., (2008). “Learning,
Dynamic Capabilities and Operating Routines:
A Consumer Package Goods Company.” The
Learning Organization (1): 75-95, Vol.15.
Cardon, M., (2008). “Is Passion Contagious?
Transference of Entrepreneurial Emotion to
Employees.” Human Resource Management
Review (2): 77-86, Vol.18.
Akgun, A., Byrne, J., Keskin, H., (2008).
“Organizational Emotional Capability, Firm
Innovativeness and Performance.” Journal of
Engineering and Technology Management.
Priluck, R., Lala, V., (2009). “The Impact of
the Recovery Paradox on Retailer-Customer
Relationships.” Managing Service Quality (1):
42-59, Vol.19.
Baugher, D., Varanelli, A., Weisbord, E., (2008).
“What Factors Affect a Promotion System’s
Long-Term Use?” Journal of Management and
Marketing Research.
Chiagouris, L., Long, M., Plank, R., (2008).
“The Consumption of Online News: The Relationship of Attitudes Toward the Site and
Credibility.” Journal of Internet Commerce (4):
528-549, Vol.7.
Books
Berger, K., Topol, M., (2008). “Privacy and
Google: Much Ado About Nothing?” Annual
Advances in Cases.
18
S c h o l a r ly A c t i v i t i e s
Szenberg, M., Ramrattan, L. (2008). Franco
Modigliani: A Mind that Never Rests. Palgrave
Macmillan, London and New York.
Kurnit, P. (2008). Marketing Plan to Go. Penguin Portfolio, New York, and That Will Never
Sell: 7 1/2 Steps to Winning Big By Breaking
the Rules. Amacom, New York.
Fundraising
LUBIN FUNDRAISING HIGHLIGHTS FOR
2008-2009 ACADEMIC YEAR
To date, the University has raised nearly $98 million toward the $100 million goal of the It’s
Time: Centennial Campaign for Pace University. During the fiscal year ending June 30, 2009,
nearly $900,000 was raised for the Lubin School of Business. Lubin alumni contributed more
than $500,000 to the Annual Fund during this time period.
The following notable gifts were directed to the Lubin School of Business last year:
Eugene Celentano, BBA ’63, MBA ’71 for the Eugene and
Nancy Celentano International Study Abroad Award........................................................................$125,000
Henry G. Petermann, BBA ’60 for the Henry G. Petermann Endowed Scholarship...................$60,500
Dermot J. O’Brien, BBA ’89 for the Dermot O’Brien Endowed Scholarship Fund......................... $25,000
Norma Van Mingroot, BBA ’75, MBA ’78 for the
Norma Van Mingroot Endowed Scholarship Fund. ..............................................................................$25,000
16th Annual Lubin Alumni Achievement Award Luncheon............................................................. $380,000
11th Annual Lubin Golf Classic.................................................................................................................. $110,000
To find out how you can
support Lubin’s fundraising
efforts, please contact the
Office of Philanthropy at
(212) 346-1634 or
[email protected].
19
Student Statistic s Ac ademic Year 2008-2009
Percentage of students awarded financial aid: Lubin UG, Total UG and Lubin Grad
Financial aid
No financial aid
Undergraduate
Lubin
Count
2,639
511
Percent
84%
16%
Total
Count
6,435
1,680
Percent
79%
21%
Graduate
Lubin
Count
438
801
Percent
35%
65%
Total
3,150
100%
8,115
100%
1,239
100%
Percentage of students awarded scholarships: Lubin UG, Total UG and Lubin Grad
Scholarship
No scholarship
Undergraduate
Lubin
Count
2,145
1,005
Percent
68%
32%
Total
Count
5,161
2,954
Percent
64%
36%
Graduate
Lubin
Count
176
1,063
Percent
14%
86%
20
Note: UG indicates undergraduate; Grad indicates graduate.
Total
3,150
100%
8,115
100%
1,239
100%
Lubin Student Statistic s Ac ademic Year 2008–2009
Undergraduate Lubin Students by Major
Undergraduate Lubin Students by Major
Undergraduate and Graduate Lubin Students by Full-time Status and Gender
21
Lubin Student Statistic s Ac ademic Year 2008–2009
Graduate Lubin Students by Major
Graduate Lubin Students by Major
Undergraduate and Graduate Lubin Students by Race/Ethnicity/International status
22
23
www.pace.edu/lubin
Pace University
Lubin School of Business
One Pace Plaza
New York, NY 10038
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