Media Mentions

Fox Business

Ralph Walkling Ph.D., executive director of LeBow College Center for Corporate Governance, was quoted in an article titled "Staving off the Side Effects of the Steve Jobs Syndrome" featured on Fox Business.“It is frightening to think when companies are CEO-dependent how much that value could shift by a change in the CEO. Even if they don’t supply the creativity, their departure would certainly necessitate a public-relations campaign,” said Walkling.

The Triangle

LeBow College of Business’ initiative to offer complimentary Wall Street Journal copies to students -- and how it influenced the Drexel’s College of Engineering to offer its students The New York Times -- was featured in a recent article in The Triangle.

The Triangle

Ari Winkleman, a junior at LeBow College and one of the creators of Drexel Homecoming, was quoted in The Triangle about the success of Drexel’s second annual homecoming. “It was crazy to me that these colleges and the University administrators had such a firm grasp on what students really wanted, [and] that they really put their money where their mouth [was]. It’s not like they went out and hired an outside company to do this … I can’t even explain how much support we had from the University,” Winkleman said. The Drexel Traditions Program, the College of Engineering, and the LeBow College of Business were the major sponsors of the event.

The Wall Street Journal

Research generated by LeBow College associate professor of economics Mark Stehr, PhD, was featured in a Wall Street Journal article titled “Helmets Save Lives, but discourage Biking.” Stehr and his co-researcher offer a couple of possible explanations for the recent decline in bike riding in states that require kids to wear helmets. “For one, the cost of a helmet, which can be as high as $40, might discourage some kids from becoming bike riders — particularly if they can ride a skateboard or scooter without one,” they said.

CBS 3 News

Elliot Schreiber, Ph.D., executive director of LeBow College’s Center for Corporate Reputation Management, was featured on CBS 3’s 4 p.m. and 6 p.m. newscasts, speaking with reporter Ben Simmoneau about the Toyota recall. “Toyota made its reputation on quality. They have a quality problem,” said Schreiber. “The management team made a decision to take a short-term loss for the long-term rebuilding of their cars.”

Business Week

Elliot Schreiber Ph.D., executive director of LeBow College’s Center for Corporate Reputation Management, was quoted in an article in BusinessWeek titled “CEOs Still Have a Credibility Gap”. Commenting on global trust in banks and the plunge U.S. banks have taken in the last few years, Schreiber said “I think Wall Street is behind the times. On Wall Street they really do operate in an insulated world. The important stakeholders to them are one another.”

KYW News Radio

Management Professor and Associate Dean for Strategic Initiatives Donna DeCarolis, Ph.D., discussed measuring firm performance of publicly traded companies on KYW News Radio on January 25, 2010. Shareholder value has usually been measure of firm performance, but research of S&P 500 companies reveals that making customer value the top priority might be the best way to increase firm performance, including shareholder value.

The Patriot News

David Becher Ph.D, associate professor of finance, was quoted in an article titled “Cravings of Company, Trust Diverge” in The Patriot News about Hershey’s failed bid to acquire the British confectioner Cadbury. Becher argued that Hershey’s handling of Cadbury appeared to play out as it should have. “That’s the positive to take out of this: There’s a limit to how much debt they were willing to take on,” Becher said. “If you offered too much, you may win, but you lose.”

The Pittsburgh Post Gazette

David Becher Ph.D., associate professor of finance, was featured in an article in the Pittsburgh Post Gazette about takeovers and the recent bid by Kraft Food's to acquire the British candy maker Cadbury. The article was also picked up by Business Week.Dr. Becher said last week's culmination of Kraft Food's four-month fight to acquire British confectioner Cadbury fits with what he found when studying 104 hostile takeover bids made between 1993 and 2000.In those contests, targeted companies that resisted the first offer got at least one additional offer from the same suitor or another bidder more than half of the time. Moreover, the final offer reflected a premium about 22 percentage points higher than the first bid and increased the likelihood of the offer being accepted.

The Triangle

Benson Igarabuza a LeBow College undergraduate student, and John Suh, a Drexel grad and founder of Sugar Cube Philly, were featured in an article in the Triangle about the upcoming opening of the gourmet dessert truck, Sugar Cube Philly.Food trucks are a crucial part of the college dining experience, and a new one is opening, convenient to Drexel University's campus. Sugar Cube Philly, which will offer gourmet desserts at prices affordable for students, tentatively plans to open Jan. 25th around 36th and Walnut Streets.

Philly.com

David Becher Ph.D., associate professor of finance, was featured in an article in the Philadelphia Inquirer about the Kraft-Cadbury acquisition.  Becher has been researching the expected value of a target company when there is a contested takeover, examining deals between 1993 and 2003.The article points out that Becher’s research indicates that when management turns down the first offer in a hostile deal, there is usually another bid later at a higher price – which is exactly what happened in the Kraft-Cadbury deal.

NorthJersey.com

Bradley Ericson, LeBow College sophomore and founder and CEO of 3SecondReceipts LLC, continues to receive media coverage for being selected as Entrepreneur magazine's College Entrepreneur of 2009. He has been featured in NorthJersey.com, CTI Career Search, and Innovation Philadelphia, as well as in the blogs WayneLiew.com and StartUpMe.com, which focus on business start ups and entrepreneurs.

Asbury Parl Press

New York Life Insurance Company recently announced the winners of the company's annual College Agent Intern contest, which recognizes the agent student interns who sold the most life insurance during their internships with the Company. Among the winners is Jordan Schneider, a graduate student at Drexel University in Philadelphia.

The New York Times

Mark Stehr Ph.D., associate professor of economics, was featured in an article in the New York Times about how bike helmet laws actually discourage users to go bicycling.In a new working paper called “The Intended and Unintended Effects of Youth Bicycle Helmet Laws,” Christopher S. Carpenter and Mark Stehr offer a surprising conclusion: while mandatory helmet laws have led to increased helmet use -- and while helmet use has been shown to reduce bicycle fatalities -- such laws also seem to lead to a decrease in actual bike riding.

PR Web

Drexel University Online, a leader in online degree programs, has added a new program to its offerings: the online Bachelor’s in Business Administration from LeBow College of Business. The online Bachelor of Science in Business Administration is a degree completion program accredited by AACSB International - the highest standard of achievement for business schools worldwide. The program is designed to provide a broad-based business education, introducing students to all functional areas of business, building quantitative knowledge and developing an understanding of behaviors that are essential in today’s global organizations.

Citybizlist

Philadelphia’s Drexel University was named among the top three in a ranking of colleges running the best entrepreneurial programs compiled jointly by Entrepreneur magazine and the scholastic testing company Princeton Review. Drexel’s undergraduate program at its Laurence A. Baiada Center for Entrepreneurship was rated sixth best, and its graduate program at the LeBow College of Business was ranked the third best.

CTI Career Search

How many receipts do you have in your wallet? No, really, how many? And how many of those will you never look at again? Bradley Ericson, the 19-year-old Drexel University student whose idea to eliminate paper receipts on college campuses has earned him accolades, is willing to bet that you have a lot of them. Ericson, now a sophomore at the University’s LeBow College of Business, found inspiration for his company, 3SecondReceipts, when he found himself up to his ears in little slips of paper.

Entrepreneur

Mark Loschiavo, executive director of Drexel University’s Baiada Center for Entrepreneurship, and Timothy Ericson, CEO of CityRyde, were quoted in an article for Entrepreneur about how experience isn’t necessary in order to be successful as an entrepreneur. “We started from nothing,” says Ericson, CEO and co-founder of CityRyde, a bike-sharing consulting firm. “We basically spent our first two years becoming experts in an industry that was totally new to us.” Ericson, who had experience in business and information technology before founding CityRyde, is one of many entrepreneurs to start a business either with no “domain” experience–experience in the industry in which they’re looking to start a business–or with strong domain experience but little entrepreneurial know-how. Loschiavo says this can be a stumbling block for entrepreneurs with strong domain experience but no business experience.

Philadelphia Business Journal

A Drexel University sophomore from Bergen County, N.J., is Entrepreneur magazine’s 2009 College Entrepreneur of the Year. Bradley Ericson, a student in Drexel’s LeBow College of Business, is the co-founder and CEO of 3Second Receipts LLC, which is developing a system to enable users to give customers digital receipts instead of printed ones. Ericson is profiled in the magazine’s January issue, which is on sale and online now. He also will receive $5,000 in startup capital for his company and be the subject of a follow-up article in the magazine in 2011.

The Philadelphia Inquirer

Peco Energy Co. chief executive Denis O'Brien received Drexel University's LeBow College of Business 2009 Business Leader of the Year award Dec. 3 at the Park Hyatt at the Bellevue. O'Brien, who also is a vice president of Exelon Corp., earned a Drexel MBA in 1987 and is a university trustee. Attended by 675 guests, the luncheon raised more than $400,000 to establish a scholarship fund and support academic programs at LeBow.

Entrepreneur.com

Timothy Ericson and Jason Meizner, recent LeBow College graduates and founders of CityRyde LLC, a startup housed in the College’s Laurence A. Baiada Center for Entrepreneurship, are featured in an article titled “Entrepreneurship: No Experience Necessary: Six tips for starting a business with little industry experience or business know-how.” Mark Loschiavo, executive director of the Baiada Center, is also quoted. “We started from nothing,” says Ericson, CEO and co-founder of CityRyde, a bike-sharing consulting firm. “We basically spent our first two years becoming experts in an industry that was totally new to us.” “Domain experts … need a passionate belief that there’s a problem out there that needs to be solved, and need to be flexible about the solution to it,” says Loschiavo.

Entrepreneur Magazine

LeBow College of Business sophomore Bradley Ericson was recently named College Entrepreneur of the Year by Entrepreneur magazine. Ericson will be featured in January issue of Entrepreneur, and will appear on the issue's cover. A follow-up story about the progress of his business, 3SecondReceipts, will appear in the magazine in 2011. The Philadelphia Inquirer, The Philadelphia Business Journal, KYW News Radio, and WHYY News also covered this accomplishment.

The New York Law Journal

A recent New York Law Journal article titled "Say-on-Pay: Less May Be More," referenced a research paper by Jie Cai and Ralph Walkling titled “Shareholders’ Say on Pay: Does it Create Value?”

Newswise

LeBow College of Business alumnus Douglas S. Briggs, a member of the Drexel 100 honorary society, was appointed to the board of trustees of the Wistar Institute, an independent nonprofit biomedical research institute.

KYW News Radio

George Tsetsekos, Ph.D., dean of LeBow College of Business, was interviewed for a December 3 broadcast on KYW1060 News Radio about the sale of NBC to Comcast.“The Comcast Tower at 15th and Arch Streets will likely become a familiar sight throughout the country,” Tsetsekos said. “We hope that, given the presence of Comcast here, a lot of corporate activities will take place and a lot of interactions will take place from here – as opposed to New York.“Tsetsekos credits Comcast’s senior leadership for transforming what was once a mom-and-pop cable company into a media empire. 

The Philadelphia Inquirer

Peco Energy Co. chief executive Denis O’Brien was honored as Drexel University’s LeBow College of Business 2009 business leader of the year. O’Brien earned a Drexel MBA in 1987 and is a university trustee. He’s also a vice president of Exelon Corp., Peco’s parent company.O'Brien was also featured in December 3 broadcasts of WPVI (6ABC) and KYW1060 News Radio.  

CBS 3

Bert Rosenbloom Ph.D., a marketing professor at LeBow College of Business, was interviewed for a segment on Black Friday merchandising for a CBS 3 newscast that aired Tuesday, November 24."Retailers have cut back dramatically on the amount of inventory that they carry this year," said Rosenbloom. "The commando shopper ... just goes in, gets the discounted item, the loss leader item, and gets out."

The Triangle

LeBow College of Business hosted José Goñi, the Chilean ambassador to the United States, Nov. 13 as part of its “A View from the Top” lecture series, which introduces notable leaders of the world to Drexel students and community. Goñi’s presentation largely dealt with Chile’s success over the past decade, and focused on the country’s poverty rates and economic data over recent years. According to Goñi, the Chilean poverty rate has fallen to about 10 percent since 1990. Goñi also stressed that despite the global recession, the Chilean government has maintained a balanced budget, which has aided the country’s rise on the world stage.

The Triangle

BusinessWeek has ranked the part-time MBA program at Drexel University’s LeBow College of Business first in the country for academic quality, and tenth overall in its 2009 rankings. LeBow was the only Philadelphia part-time MBA program to rank within the top thirty. “The Drexel part-time MBA is committed to exceeding the needs of our students and alumni and is a key factor in their upward mobility, as evidenced by the achievements of our MBA students and alumni,” George Tsetsekos, dean of the LeBow College of Business. “To be ranked No. 1 in academic quality by BusinessWeek is a testament to our growing stature as one of the world’s leading resources for business education. This ranking validates the rigorous experiential education, leadership assessment, and global perspective that LeBow provides,” Tsetsekos stated.

KOVR CBS 13 Sacramento & KFBK News Radio Sacramento

The Drexel Part-Time MBA program has received widespread media attention after being ranked No. 1 for academic quality and No. 10 overall in the nation by BusinessWeek's 2009 rankings. Broadcast stories on CBS 13 Sacramento and KFBK News Radio Sacramento both covered this prestigious ranking.In ranking LeBow College of Business No.1 in academic quality, BusinessWeek combined six equally weighted measures: average GMAT score, average student work experience, the percentage of instructors who are tenured, average class size in core business classes, the number of business electives available to part-timers, and the percentage of students who ultimately complete the program.