Media Mentions

Delaware First

David Becher, Ph.D., associate professor of finance, was quoted in a Delaware First article on the future of ING Direct in Delaware. “You could argue that as there is not a lot of direct overlap and given the size of ING Direct, there would not be a need for a large cut in workforce,” Becher says.  “The CEO stated that the company expected ‘modest’ cuts. Further, ING has a very loyal customer base so Capital One will need to be very careful not to do something that causes a lot of customer turnover.”

Scrip Intelligence

Elliot Schreiber, executive director of LeBow College's Center for Corporate Reputation Management, co-authored an article titled “Drug Industry's Lost Branding and Corporate Reputation Management Opportunity” for Scrip Intelligence, a pharmaceutical and Biotech news website.

Sacramento Business Journal

The Sacramento Business Journal published an article about the Sacramento Center for Graduate Studies' first graduating class.  Frank Linnehan, Ph.D., a Drexel LeBow associate dean, will become interim executive director of the Sacramento Center starting July 1.

The Philadelphia Inquirer

PhillyInc columnist Mike Armstrong covered the 2011 Laurence A. Baiada Incubator Competition. Passionfly took first place, CarTech came in second, and Greek Solutions came in third.

Institutional Investor

Wesley R. Gray, PhD, assistant professor of finance, was quoted in an Institutional Investor article titled “Can Twitter Predict Stock Market Moves?” “Do people Tweeting have the money that drives the sentiment? Probably not,” says Gray. He questions whether the relationship between measures of calm and future market returns makes intuitive sense and, in a recent blog post, concluded that “using mood to predict stock prices doesn’t pass the sniff test.”

Philadelphia Inquirer

BPTS presenter Chris Fralic was quoted in the Philadelphia Inquirer. He told the crowd of business professors attending the Drexel LeBow event: "There's never been a better time to start a company."

Bloomberg

The Global Interdependence Center's 29th annual Monetary Conference, presented by Drexel LeBow this morning, is generating a lot of media buzz -- in particular, Federal Reserve Bank of Kansas City President Thomas Hoenig's call that banks stick to loans and deposits to avoid the need for another bailout by taxpayers.

VOX

Yoto Yotov, assistant professor of economics and international business, co-authored an article for VOX, a website that provides research-based policy analysis and commentary from leading economists, titled "Good News on Free Trade Agreements."

NewsWorks.org (WHYY)

Roger McCain, PhD, a professor of economics, was quoted in an article on NewsWorks.org on May 16, discussing the impact of labor costs on the recent announcement of bankruptcy by the Philadelphia Orchestra.

The Times-Tribune

Mark Loschiavo, executive director of the Laurence A. Baiada Center for Entrepreneurship, was quoted in a Times-Tribune article about a Scranton business owner whose technology firm recently sold a customized point-of-sale software system to TLC reality show star Buddy Valastro -- also known as "Cake Boss." Loschiavo says the company's link to "Cake Boss" will give it distinction, but independent POS software producers still face many obstacles. "You can leverage that exposure. It can be huge, if he's trying to get into one of the (restaurant) chains."

BBC Radio

Elliot Schreiber, Ph.D., executive director of Drexel LeBow’s Center for Corporate Reputation, was recently quoted in a BBC Radio news story about the Sisters of St. Francis, a local group of nuns who invest with a conscientious and frown upon huge CEO bonuses. “Boards have to reward a CEO based on what is common within the industry and what is common within the company. So you look at a company like Goldman Sachs, and you have traders who can make $1 billion... there are many people within Goldman Sachs making more than [CEO] Lloyd Blankfein, I can guarantee you that,” Schreiber says.

BBC Radio

Elliot Schreiber, Ph.D., executive director of Drexel LeBow’s Center for Corporate Reputation, was recently quoted in a BBC Radio news story about the Philadelphia Orchestra’s recent financial struggles. “If [Philadelphia] can’t afford good schools, can it afford to have symphonies? I think our society would be depleted without the arts," Schreiber says. "But by the same token you have to wonder whether the market is just saying keep the symphony, but maybe you can’t be world-class anymore.”

Bloomberg

A Bloomberg story about benefactors who make large gifts to academia mentions Dean George Tsetsekos and Bennett S. LeBow, who recently gifted $45 million toward the construction of a new home for the College. In choosing to make this gift, Tsetsekos says LeBow "is a businessman and looks at metrics and objective measures of performance."

The Atlanta Journal-Constitution

Mark Stehr, Ph.D., associate professor of economics, was quoted in The Atlanta Journal-Constitution on April 21, in an article about a metro Atlanta city that is considering letting its residents decide whether or not Sunday sales of alcohol should be legal. Stehr's research on this topic has shown that allowing alcohol purchases on Sunday has a minimal effect on overall alcohol sales -- usually increasing sales by less than 2 percent."I think even 2 percent is high for what you can expect," Stehr said. "It will have minimal impact."

Financial Post

Donna De Carolis, Ph.D., associate dean of strategic initiatives and head of the Management Department at the LeBow College of Business, was quoted in a Financial Post article about managing stress in the workplace.

Associated Press

An Associated Press story on specialty camps for kids highlights Camp Xchange, a weeklong commuter camp for High school students at LeBow College of Business. Camp Xchange lets students act as traders as they learn the intricacies of the New York Stock Exchange, NASDAQ and other floors around the world.Drexel LeBow also offers the following camp porgrams for high school students: Camp Business, Summer Economics Instuitute, Startup!, and Camp Impact.

CNBC

Ralph Walkling, Ph.D., executive director of Drexel LeBow's Center for Corporate Governance, was featured in a CNBC "Squawk On The Street" segment about shareholder and executive compensation. During the interview, Walkling spoke about CEO pay, golden parachutes and the potential benefits of say on pay.

Entrepreneur

Donna De Carolis, PhD, associate dean of strategic initiatives at Drexel LeBow, is quoted in an Entrepreneur magazine article this month. “Entrepreneurs need to have periods of intense activity, but if it’s not balanced out with reflection, relaxation and doing something to take your mind off work, you won’t be able to be innovative, creative or find solutions to problems,” she says.

Fox Business

Ralph Walkling, Ph.D., executive director of Drexel LeBow's Center for Corporate Governance, was quoted in a Fox Business article entitled “Will Insider Charges Make CEOs More Tight Lipped?”“If the allegations hold up, I’m stunned,” says Walkling, referring to insider trading charges again Goldman Sachs executives.  

National.com

Shawkat Hammoudeh, PhD, professor of economics, was quoted in a National.com article about the increase of the price of oil.

Fox News

Shawkat Hammoudeh, Ph.D., professor of economics, was featured in a Fox News broadcast about the prospect of gasoline prices rising due to the unrest in Arab countries.

Philadelphia Inquirer

A Philadelphia Inquirer article about rising gas prices quotes Drexel LeBow's Shawkat Hammoudeh, Ph.D., professor of economics. Hammoudeh says recent manufacturing data showed a resurgence of economic activity in Germany, China, and India, which has helped push up crude oil prices to match increased demand. "The economic fundamentals are getting stronger, and that means there will be more demand."  

Bloomberg

Shawkat Hammoudeh, Ph.D., professor of economics at LeBow College, spoke with Bloomberg about the political unrest in the Middle East and northern Africa and its impact on oil-producing nations in the region. 

Philadelphia Inquirer

Drexel LeBow College of Business student and Baiada Center for Entrepreneurship protégé Christopher Young is featured in a Philadelphia Inquirer article about Async Recruiting LLC, the company Young co-founded to market a new business solution that could revolutionize the traditional job interview process.     

Flying Kite

Flying Kite, a new online weekly magazine in Philadelphia, quoted George Tsetsekos, Ph.D., dean of Drexel LeBow, in a story on the College's new building."A new and beautiful building will help us to better connect with the Philadelphia business communities and allow our students to learn in a setting that is less like a classroom and more like the corporate environment," Tsetsekos says.

Chicago Tribune

LeBow College's Camp Xchange was listed among "camps of note" in a Chicago Tribune article about innovative and specialized summer camp options. Camp Xchange offers outstanding rising high school juniors and seniors the opportunity to experience the fast-paced, high stakes world of securities trading. Designed with LeBow College's Department of Finance, Camp XChange is a dynamic, five-day summer program that enables participants to gain an overview of trading through firsthand experience with TraderEx simulation software. Learn more at 

6abc

George Tsetsekos, Ph.D., dean of LeBow College of Business, was featured in a 6abc story on products made in America, which aired on March 4."Overall I think consumers are not all that patriotic, to be frank with you, when they purchase products," says Testsekos. "They are more concerned with quality and price." 

Bloomberg

Research conducted by Drexel LeBow’s Ralph Walkling, executive director of the Center for Corporate Governance; Eliezer Fich, associate professor of finance and a Center fellow; and Anh Tran, who recently earned his Ph.D. at LeBow and is now a professor at the Cass Business School at City University London, has recently been covered by Bloomberg and the New York Times Blog, as well as a number of French publications including ZoneBourse, Le Monde, and NewsBanque. The researchers found that chief executives with over-generous severance pay arrangements sell out significantly more cheaply when weighing up a takeover bid. Company bosses with so-called golden parachutes that are 10 percent more generous than the average agreed to sell their companies for a 5 percent smaller takeover premium.

PRSay

Elliot Schreiber, Ph.D., director of Drexel LeBow's Center for Corporate Reputation Management, wrote an article published by the PRSA's forum, PRSay, about why CEOs need to make reputation a priority."In past AON studies before the current financial crisis, reputation was the top-ranked CEO risk factor," Schreiber writes. "But, what is troubling is that two-thirds of the respondents still have no 'formal reputation risk plan' in place, and that figure has not changed substantially."

The Placer Herald

Sacramento MBA alum Sam Applebaum is featured in a Placer Herald article about the challenges of achieving work-life balance when you add graduate school to the mix. “We are very proud of Sam,” says Carl (Tobey) Oxholm III, senior vice president and dean of Drexel’s Sacramento Center for Graduate Studies. “Not only did he overcome lots of hurdles that could have stopped him, but he is perfectly positioned to become a healthcare leader in [the Sacramento, Calif.] region – an industry critical to the region’s economic success, a field where visionary and well-prepared leaders are especially needed in today’s economic crisis, and will be in even greater demand when the Boomers retire.” Applebaum is a member of the first graduating class of Drexel LeBow MBA in Sacramento.