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Kellogg Faculty in the Media

Kellogg School professors continue to lend their insights on an array of subjects, providing expertise from finance and marketing to strategy and economics. Some recent media stories involving Kellogg professors include the following.

"Booty (Re)Call." "They made a point of marketing it as a health food, and it's exactly the opposite," said Daniel Diermeier, the IBM Professor of Regulation and Competitive Practice, discussing the recall of a popular children's snack in this July 14 Newsweek story appearing on "A brand is like a promise. If a promise is broken, it's like an experience of betrayal."

Dipak Jain  
Dipak C. Jain  
Victoria Medvec  
Victoria Medvec  
Eric Anderson  
Eric T. Anderson  
Steve Rogers  
Steven Rogers  All photos © Evanston Photographic Studios  

"How Small Firms Can Weather a Credit Crunch — Financial Documents, Collateral Will Give Borrowers an Edge." In this Aug. 7 Wall Street Journal article, Steven Rogers, the Gordon and Llura Gund Family Professor of Entrepreneurship, offered his perspective on potential effects of a credit crunch on small businesses. While small-business owners often are uncomfortable putting their homes up as collateral, said Rogers, banks often demand it because doing so represents a "testament to your conviction that this is something you really believe in."

"Stock Market Roller Coaster." Professor of Accounting Information and Management Tom Lys appeared on the Aug. 9 broadcast of "Chicago Tonight" (WTTW) to discuss the housing market, the stock market and the U.S. economy.

"Not business school as usual: Jain believes real-life experiences, global perspective are key to Northwestern's MBA program's success." In this Aug. 12 Chicago Tribune feature, Dean Dipak C. Jain offered his views on the Kellogg School's approach to management education. "Today, we cannot just teach students managerial skills," said Jain. "We also have to build in a leadership component." Jain also appeared in an Aug. 9 Financial Times article ("Going global") to note the importance of an experiential curriculum and the school's introduction of a global course requirement.

"Monkey see, monkey do; mimicking person across the table a winning ploy." This Aug. 10 story in The Globe and Mail (Canada) presented a synopsis of a recent negotiations study co-authored by Adam Galinsky, the Morris and Alice Kaplan Professor of Ethics and Decision in Management.

"Lawyers Gear Up Grand New Fees." Firms' hesitation to surpass the $1,000 mark shows that legal services are similar to other high-end products that sell at "just under" prices, like the $19,900 automobile, said Eric T. Anderson, the Hartmarx Research Associate Professor of Marketing, in this Aug. 22 Wall Street Journal story. "The sellers are worried that they will be perceived as extremely expensive."

"Volatility helps exchanges to big jump in derivatives trading." In this Aug. 28 Financial Times feature, Robert Korajczyk, the Harry G. Guthmann Distinguished Professor of Finance, addressed likely dynamics in the over-the-counter (OTC) trading markets.

"Women take a seat on the board." In this Sept. 4 Forbes article, Victoria Medvec, the Adeline Barry Davee Professor of Management and Organizations, noted an increase in governance opportunities for women who are not CEOs. "Many boards are realizing that a president of a very large division often holds enough accountability in terms of their dollar revenue stream," comparable to a chief executive of a small company, she said.

"The art and science of CEO performance assessment." Assistant Professor of Accounting Information and Management Brian Cadman articulated his views regarding executive compensation in this Sept. 14 article published in Economic Times (India). Earnings are generally considered a good metric because they offer a summary measure of value added to the firm over a given period, said Cadman, noting that it is important to compare them to historical values or to a peer group of firms.

"Twenty autumns on, the response needs to be different." Kathleen Hagerty, senior associate dean for faculty and research, contributed her insights to this Oct. 19 Financial Times article addressing the recent credit crunch and comparing today's market with that surrounding the market crash of 1987. While some policymakers advocate more government regulation of markets, albeit of a kind suited to modern sophisticated financial instruments, others are less certain. "It's really hard to figure out what to do," said Professor Hagerty. "So much of this is how you as a regulator are going to see what they [market participants] have. You have all these instruments and it's really hard to value those things."

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