Media Mentions

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 Tsetsekos. “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.

The Philadelphia Business Journal

Philadelphia Business Journal editor Craig Ey wrote a column about the Eighth Annual Global Business Conference 2011 titled “Here Comes the Economic Optimism.” “By the end of [the conference]” – which was presented by LeBow College of Business and the World Trade Center of Greater Philadelphia – “I was feeling pretty good about the future,” Ey says.

The Wealth Channel

Anthony Curatola, PhD, Joseph F. Ford Professor of Accounting, recently spoke to The Wealth Channel about retirement income, longevity, and government action, the subject of his research article “Retirement Planning in Light of Life Expectancy and Gender Issues,” published recently in the Journal of Financial Professionals. Curatola says that women have less retirement savings than men on average. “Some of the research has actually shown as much as $1,000 less contributed by women in comparison to men on an annual basis” leading up to retirement, Curatola says. This is a real problem, because women live longer than men, on average.

The Chronicle of Philanthropy

Bennett S. LeBow has been named among the top 50 philanthropists of 2010 by The Chronicle of Philanthropy. LeBow donated the generous sum of $49 million in 2010. He donated $45 million toward a new academic center for LeBow College of Business – Drexel University’s largest-ever donation. He also donated $4 million to several groups which support cancer research. Drexel’s business school was named for LeBow in 1999 after he made a $10 million gift, bringing his total giving to LeBow College to $55 million.

Marketing Magnified

Pravin Nath, PhD, assistant professor of marketing at LeBow College of Business, co-authored an article for Marketing Magnified that discusses his research study on CMO power and how it relates to firm performance. This study, titled “Marketing in the C-Suite: A Study of Chief Marketing Officer Power in Firms’ Top Management Teams,” appears in the January 2011 issue of the Journal of Marketing. “CMO power does matter to firm performance, but it is conditional on the structure of the top management team (TMT) and the firm’s diversification strategy,” Nath says.

The Wall Street Journal

Research by Ralph Walkling, Ph.D., director of the Center for Corporate Governance at Drexel LeBow, is referenced in the Wall Street Journal article "A Chance to Veto a CEO's Bonus." Walkling has found that voting against directors may discourage them from acting like rubber stamps. Each 1 percent increase in "no" votes knocks up to $222,000 off the excess compensation of the chief executive officer the next year—and even raises the odds that the CEO will be replaced, his research suggests.

MSNBC

Mark Loschiavo, director of LeBow College's Laurence A. Baiada Center for Entrepreneurship, was quoted in an MSNBC article on "How to Start a Food Truck." He says, "As with most retail, this is about … the ability to move from location to location."

Treehugger.com

In December, CityRyde, LLC, a company currently operating out of the University's Laurence A. Baiada Incubator and co-founded by Drexel LeBow graduates Jason Meinzer and Timothy Ericson, submitted a methodology for determining greenhouse gas emission reductions through bicycle sharing projects to the Voluntary Carbon Standard, the global program for approval of credible voluntary carbon offsets. Meinzer estimates the first-of-its-kind methodology, in the form of CityRyde's Inspire software that's three years in the making, has a better than 90 percent chance of approval, paving the way for an enormous shift in transportation. FlyingKiteMedia.com also covered the debut of this technology: http://www.flyingkitemedia.com/features/cityrydeinspire1203.aspx 

Philly.com Advertising

Ads running around the region for Philly.com’s App for smartphones feature the Philadelphia Inquirer’s coverage of Bennett S. LeBow’s $45 million gift toward the new LeBow College of Business building, which is slated for completion in 2014. The ad, which reads: “Never again get stuck having to stare at a sign like this,” pictures three smartphones displaying the Inquirer’s Nov. 16 story about the gift and the building, including an image of what the building will look like upon completion and the headline, “Drexel Receives $45 Million Gift.”

NJ.com

Drexel University’s LeBow College of Business signed an agreement signed with Gloucester County Institute of Technology (GCIT), offering automatic acceptance to eligible students from GCIT’s Academy of Finance and Business Management to LeBow. “Drexel University’s LeBow School of Business graduates are highly sought after as industry leaders in today’s business world,” said Freeholder Director Stephen M. Sweeney. “It is a coup for our students to be eligible for automatic acceptance.”

SportsBusiness Daily

SportsBusiness Daily reported that Philadelphia Eagles owners Jeffrey and Christina Lurie have been named Drexel University's LeBow College of Business 2010 Business Leaders of the Year. The Lurie's will be honored at a luncheon attended by hundreds of Greater Philadelphia's top executives on December 2.

Philadelphia Business Journal

Two LeBow College graduates and their startup company, Ridaroo, are featured in a Philadelphia Business Journal article. Ridaroo is a website that matches potential carpool partners. “We’re revolutionizing the way people go about carpooling,” said Aksel Güngör, who co-founded Ridaroo LLC with Andy Guy.

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.