Media Mentions

BusinessWeek

News of Bennett S. LeBow’s $45 million gift to LeBow College of Business has received coverage in many media outlets, including Bloomberg, BusinessWeek, the Philadelphia Inquirer, the Philadelphia Business Journal, The Street, 6ABC news, Fox 29 news, and Philadelphia Weekly, to name a few. LeBow’s contribution will fund construction of a $92 million building for LeBow College, which was named after him in 1999. For more information on the new building, visit www.BuildingLeBow.com.

Institutional Investor

An Institutional Investor article about investment blogs quotes Wesley Gray, Ph.D., assistant professor of finance at LeBow College of Business. Gray has studied the investment write-ups posted to Value Investors Club, whose founders, Joel Greenblatt and John Petry — longtime partners at New York hedge fund firm Gotham Capital — strictly enforce the 250-member cap. His analysis, which formed the basis of his Ph.D. dissertation at the University of Chicago Booth School of Business, found that stocks recommended on the site delivered an average one-year buy-and-hold return of 9.52 percentage points above the predicted return, after controlling for risk. Gray and his colleagues performed a similar, unpublished analysis of recommendations on the SumZero website, which has a much larger user base and a shorter track record, and found no statistical evidence that the ideas posted there were, on average, market-beating.

Philadelphia Business Journal

Elliot Schreiber, Ph.D., executive director of the Center for Corporate Reputation Management, was quoted in a Philadelphia Business Journal blog post about the Gap launching a new logo. Schreiber says a logo goes beyond mere design. “Logos are designed to be symbolic representations of the company, highlighting the attributes and associations of the brand," he says. This was PBJ's most-read blog post of the week.

The Wall Street Journal

Research conducted by Mark F. Stehr, Ph.D., assistant professor of economics, was mentioned in a Wall Street Journal article about bicycle helmets. Stehr and a colleague at the University of California found that while new helmet laws reduce bicycle deaths among young riders by about 19 percent, it’s mainly because many of them give up cycling altogether. Using surveys of parents, the professors find that about 650,000 fewer children ride bikes each year after helmet laws go into effect. That’s about 81,000 fewer riders for every life saved. Helmets may save lives, but the dork factor also takes its toll.

Smart CEO

Mark Loschiavo, executive director of the Laurence A. Baiada Center for Entrepreneurship, is quoted in a Smart CEO article entitled “Start-Up Stories,” addressing what is takes to make a successful incubator business. Be smart, coachable, and resilient, Loschiavo advises. Current Baiada Incubator dweller Timothy Ericson, CEO and co-founder of CityRyde, and Baiada Incubator graduates Chuck Sacco, VP of sales and development for Movitas, and Zach Conover, president and CEO of Crossrate Technology LLC, are also quoted in the article.  

The Philadelphia Inquirer

Neal Orkin, JD., assistant professor of legal studies at Drexel University’s LeBow College of Business, had an opinion piece titled “American Innovation Doesn’t Pay” published in the Philadelphia Inquirer. In it, he writes that the Obama administration’s proposal to bring back a research and development tax credit for employers that expired in 2009 is a poor idea. “Unfortunately, the credit didn’t work before, and it’s doomed to fail again,” he writes. “Corporations don’t invent or innovate. Creative human beings do.”

USA Today

A USA Today article entitled “Start of College Can Be Harder on Parents Than Students” mentions LeBow College of Business, which hosted a goodbye reception that included an unofficial “crying room,” set up with tissues and a counselor. It’s kind of a gentle joke, but one that’s meant to send a message. “The idea was that we understand this is a major change for everybody,” says Ian Sladen, LeBow’s assistant dean of undergraduate programs. “It’s just as tough for parents — probably tougher, really.”

Portfolio.com

In an article about the differing fashion sense of P&G's new CEO Bob McDonald and his predecessor A.G. Lafley, Elliot Schreiber, Ph.D., clinical professor of marketing and executive director of the Center for Corporate Reputation Management said the change in imagery could have any number of reasons, and he wouldn’t advise making too much of it. McDonald is not Lafley, and it might be as simple as different people preferring different styles, said Schreiber, who has met Lafley but not McDonald.

DiversityInc.com

Elliot Schreiber, Ph.D., clinical professor of marketing and executive director of the Center for Corporate Reputation Management, was quoted for his insight in an article on Diversityinc.com discussing the recent firestorm surrounding retail giant Target in the weeks since it donated $150,000 to MN Forward, a political-action group backing Minnesota Republican gubernatorial candidate Tom Emmer, who opposes gay rights.

Philadelphia Business Journal

In the "Personal Finance" section of the Philadelphia Business Journal, Dean George P. Tsetsekos offered his thoughts on the probability of a double-dip recession stating an overall positive outlook on the economy.

ModernMom.com

Jeffrey Greenhaus Ph.D., professor of management was quoted in an article on modernmom.com discussing the conflict between work and family for female professionals. “Conflict can occur in the family when work interferes with your family life. Conflict in the job can occur when the family interferes with your work life. If you have a young child at home, for example, and you have a job with inflexible hours or one that requires you to travel, you will experience conflict. Often, the conflict will cause stress in your life.”

Financial Times

Research conducted in part by Anna Cianci Ph.D., CPA, assistant professor of accounting was referenced in a FinancialTimes.com article “Something for the Weekend.” The article discusses the way in which you speak can be as important as what you say and can have far-reaching implications for your career.

Philly.com

Dean George P. Tsetsekos, Ph.D. has just been named to The Federal Reserve Bank of Philadelphia. This newly appointed Economic Advisory Council replaces a long-standing Business Council.

MentalFloss.com

 LeBow College of Business was recognized for achieving yet another innovation: a specialized summer camp. The Camp XChange program offers an unusual opportunity for rising high school juniors and seniors to get some experience in the fast-paced world of securities trading.

The Hellenic News of America

  Dean George P. Tsetsekos, Ph.D. joined a delegation from the American Hellenic Institute (AHI) for the organization's annual leadership trip to Greece and Cyprus where meetings with high-ranking government, religious officials and business leaders were conducted. The two-week overseas trip aimed to strengthen relations with both countries, and to work on issues of mutual concern, occurred May 22 to June 4, 2010.

The World Trade Center of Greater Philadelphia

On June 7th, The World Trade Center of Greater Philadelphia (WTCGP), in partnership with the Philadelphia U.S. Export Assistance Center, held a seminar at LeBow College for companies interested in long-term reconstruction opportunities in Haiti. Philadelphia was one of four cities selected in support of a national initiative organized by the U.S. Department of Commerce in support of the Administration's program to assist in rebuilding Haiti.

PR Newswire

Drexel University’s LeBow College of Business is recognized as one of the 54 schools participating in the National Society of Hispanic MBAs (NSHMBA) University Partnership Program (UPP).Created in 2006, the UPP’s goal provides select academic institutions an expanded pool of qualified Hispanic applicants for graduate business programs, while also providing financial assistance to Hispanic students and professionals to complete bachelor and master’s degrees through scholarships, fellowships and assistantships to qualifying individuals.

The Wall Street Journal

Dean George P. Tsetsekos, Ph.D. contributed to this article on online degree programs that discussed how schools have increased their engagement efforts with students to keep them from dropping out. He was quoted as saying, “Students are turned off if they recognize that the online content is delivered like you’re just reading from a textbook,” says George Tsetsekos, dean of Drexel University’s LeBow College of Business, which offers two online M.B.A. programs. “Attrition is attributed to the quality of the content.”

SmartMoney.com

Research conducted by Ralph Walkling, executive director of LeBow College’s Center for Corporate Governance, and Jie Cai, assistant professor of finance, was referenced in a SmartMoney.com article titled “Given Say on Pay, Shareholders Say No.” Companies that overcompensate their executives relative to peers can see a stock-price boost when say on pay proposals are announced, according to research by Cai. Yet, in the past, activist shareholders’ say on pay demands haven’t targeted firms that truly overpay their top brass, Cai says.

The Philadelphia Inquirer

The results of Drexel University’s LeBow College of Business Laurence A. Baiada Center for Entrepreneurship Incubator Competition were covered in the Philadelphia Inquirer’s PhillyInc. column. Kenny’s Gamer Glove, Outplay, and Donna’s Designs all won a year of space in the Incubator, as well as cash and in-kind prizes. Mark Loschiavo, executive director of the Baiada Center, said he was constantly amazed by the students’ energy and “incredible capacity for work.” After all, this amounts to “extracurricular activity” for students carrying a full class load or working in a Drexel Co-op program, he said. The competition was also covered by the Philadelphia Business Journal: http://www.bizjournals.com/philadelphia/blogs/technology/2010/06/gamer_glove_wins_baiada_center_competition.html

The Current of Galloway Township

Nicole Price, a One-Year MBA student at LeBow College, was featured in an article titled "Price studies business in China" printed in The Current of Galloway Township about a recent trade mission to China sponsored by the LeBow College of Business and the World Trace Center of Greater Philadelphia.Nicole and other LeBow College MBA students partnered with companies in Philadelphia interested in doing trade with China. They had a chance to sit in on negotiations with potential suppliers and distributors as well as conduct research on the Chinese market for their respective companies.

CNBC

Shawkat Hammoudeh, PhD, a LeBow College professor of economics, was quoted in an article titled “Are Lower Gas Prices a Windfall for Consumers?” featured on CNBC.com. The article addressed the recent decline in gas prices and the subsequent effect on consumer spending. “Consider the reason for the slide in gasoline prices. Crude oil prices logged their decline on fear that the U.S. is about to import a second recession from overseas,” said Hammoudeh.

The Philadelphia Inquirer

George Tsetsekos, Ph.D., R. John Chapel, Jr. Dean, was featured in an article titled "34,000 found jobs in Pa. in April" published in The Philadelphia Inquirer about an increase in employment in Pennsylvania during the month of April -- the largest single-month increase since 1996."Largely due to efforts by the Rendell administration to develop overseas markets for Pennsylvania companies, the state's exports are up 35 percent over the last year," said Tsetsekos.

The Triangle

LeBow College of Business was featured in an article published in The Triangle about a new partnership with Washington Township High School that allows students applying for a business degree to be automatically accepted if they met certain requirements, including high SAT scores, class ranking, and performance in high-school level business courses.  

BusinessInsider.com

LeBow College of Business sophomore Bradley Ericson, Entrepreneur Magazine’s College Entrepreneur of 2009, spoke to BusinessInsider.com about winning Entrepreneur magazine’s 2009 College Entrepreneur of the Year competition and what advice he would give college students planning on entering this year’s contest. “Since incorporating my business in 2009 I have told myself one rule: Always be true to yourself,” says Ericson. “I never want to run a business that doesn’t directly reflect my personal beliefs.”

The Wall Street Journal

John J. Brennan, chairman emeritus of Vanguard, had an op-ed published in the Wall Street Journal that was based on a speech he gave at LeBow College's Center for Corporate Governance. "It is corporate proxy season, and one can expect the usual spate of stories about excessive executive compensation, lax directors and the failure of institutional investors to exert their influence over boards and management," Brennan writes. "As a participant in the corporate governance process for a large investment manager for more than 25 years, I will take a contrary view. Over the past quarter-century, the performance of corporate boards has improved markedly. Yet there's room to go."

El Tiempo Hispano

Ian Sladen, assistant dean for undergraduate programs, was quoted in an article titled "Latino Students Fullest Potential" printed in El Tiempo Hispano about a collaboration between the LeBow College of Business and ALPFA Cares Philadelphia to offer a scholarship to Latino students seeking to pursue a degree in business.  "ALPFA Cares Scholarship Program will assist high-ability Latino scholars in achieving their goal of obtaining a top-quality business education at Drexel University’s LeBow College of Business," said Sladen.

Entrepreneur

Mark Loschiavo, executive director of Drexel University’s LeBow College of Business Laurence A. Baiada Center for Entrepreneurship, was quoted in an article titled “When to Outsource” in Entrepreneur magazine. The article covered the costs and benefits of outsourcing business operations. “The first layer of cost savings in outsourcing comes from payroll taxes, insurance and benefits paid to full-time employees,” says Loschiavo. “Entrepreneurs should expect to pay roughly 30 percent of an employee’s salary in addition to the salary itself for these overhead costs.” This story was also picked up by The Washington Post.

Fox Business

Ralph Walkling, Ph.D., executive director of the LeBow College of Business Center for Corporate Governance, was quoted in an article titled "Safeguarding Executive Travel in Wake of Polish Accident" published by Fox Business. The article covered crisis management and policies Fortune 500 companies have in place restricting executives from the same company to travel on the same airplane.“I think it will serve as a wake-up call," Walkling said, referring to the plane crash in Poland. "It’s very wise to be prudent and not put all of your eggs in one basket - or in this case, all of your executives into one airplane."

U.S. News and World Report

Drexel University's LeBow College of Business was featured in an article titled "How to Get In" under "Best Business Schools" on the U.S. News and World Report Web site. The article covered what admissions officers look for in applications for candidates of an MBA and what they can do to stand out.