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Ross Faculty Honored with Annual Awards

4/13/2009 --

Exceptional scholars are recognized for research, teaching, and service

ANN ARBOR, Mich.—As spring commencement approaches, the Ross School of Business honors the year's outstanding faculty members. The list of scholars cited in 2009 for exceptional research, teaching, and service follows.

Researcher of the Year
Gerald Davis (right), Wilbur K. Pierpont Collegiate Professor of Management, and Professor of Management and Organizations
Professor Davis recently released the book Managed by the Markets (Oxford University Press), which examines how finance replaced manufacturing at the center of the American economy, and what the consequences have been for corporations, banking, states, and households in the 21st century. Other books authored by Davis include Social Movements and Organization Theory (with Doug McAdam, W. Richard Scott, and Mayer N. Zald; Cambridge University Press, 2005) and Organizations and Organizing: Rational, Natural, and Open System Perspectives (with W. Richard Scott; Pearson Prentice Hall, 2007). Davis is widely published in management, sociology, and finance. He received the award in recognition of his sustained, exceptional, and continuing contributions to scholarly research in the field of business. He also was cited for noteworthy contributions to building and maintaining a strong research environment in the school.

The Sanford R. Robertson Assistant Professor in Business Administration
Anocha Aribarg (left), Assistant Professor of Marketing
Professor Aribarg's primary research interests involve applying econometric models and Bayesian estimation techniques and inference to suggest how firms should manage multiple brands in their product portfolios. For instance, given that firms own multiple brands in the same product category, how should they manage overlapping product features across brands? She also is interested in integrating modeling techniques, conjoint experiments, and consumer behavior theories to understand consumers' complex decision-making processes, such as group decision-making and search decision processes. The Sanford R. Robertson Assistant Professor in Business Administration carries a one-year term.

Bank One Corporation Assistant Professor of Business Administration
Sreedhar Bharath (right), Assistant Professor of Finance
This one-year appointment recognizes promising junior faculty conducting high-potential scholarly research. Bharath's current research activity focuses on corporate finance, credit risk, and stock market volatility. He also has professional experience as an investment banker with the State Bank of India. One of his most recent studies, "Why Do Firms Use Private Equity to Opt Out of Public Markets?" (co-authored with Ross Professor Amy Dittmar), produced a model that predicts, with about 83 percent accuracy, which firms will become private. The model is a valid tool for private equity investors seeking to identify the best buy-out candidates.

Arnold M. & Linda T. Jacob Faculty Development Award
Damian Beil (left), Assistant Professor of Operations and Management Science
The Jacobs established this award to provide resources for a faculty member to reach beyond the comfort zone of incremental findings, to take risks, and explore new ideas. In his research, Beil develops mathematical models to analyze complex problems in procurement. His work includes studies of how bargaining power affects opportunistic pricing by suppliers, and how procurement auctions should be designed to account for supplier qualification screening and quality levels. He is also interested in applications of operations management to healthcare, and has analyzed therapy sequence scheduling for cancer patients and national organ allocation policies. Professor Beil teaches the MBA operations management core and advises graduate students in collaborative projects with private industry via the Multidisciplinary Action Projects course and the Tauber Institute for Global Operations.

Victor L. Bernard Teaching Leadership Award
The teaching leadership award was established in 1994 to honor the memory of Professor Victor Bernard, a beloved member of the Ross faculty. The honor recognizes one's broad range of teaching endeavors, work with PhD students, course design, and work with colleagues. Two professors were honored in 2009.
Gautam Kaul (right), John C. and Sally S. Morley Professor of Finance
Professor Kaul's research focuses on the behavior of stock and bond prices in the U.S. and other developed countries. His interests include asset pricing models, market microstructure, and the time-series behavior of stock prices. Kaul recently used computer-intensive methodologies to gauge the effectiveness of trading strategies commonly proposed on Wall Street and in academic literature. Meanwhile, he developed a course, at the request of his students, which focuses on the financial aspects of sustainable business.
Lloyd (Lance) Sandelands (left), Professor of Management and Organizations & Professor of Psychology
Professor Sandelands' research focuses on the social and spiritual dimensions of life in organizations. He teaches courses in social and organizational psychology and management to graduate and undergraduate students in Business Administration and Psychology.

Andy Andrews Distinguished Faculty Service Award
The Andrews award was created as a lasting memorial to the late Andy Andrews, a beloved Ross professor who embodied the spirit both of service -- benefiting others -- and distinguishment --meaning excellence and dignity.
William Lovejoy (right), Raymond T. Perring Family Professor of Business Administration and Professor of Operations and Management Science
Professor Lovejoy's research is in the area of capacity management, decision-making with incomplete information, and supply chain management. He has published numerous articles in top academic journals on these topics. His current research interests focus on managing across functional boundaries, innovation, and healthcare. In the area of innovation, his new product development course has enjoyed coverage by CNN, the Wall Street Journal and the New York Times. He also teaches an Integrated Operations course, which presents operations from a general management perspective, stressing the interfaces with marketing, finance, purchasing, and human resources.

Neary Teaching Excellence Awards
The Neary Teaching Excellence Awards are selected by the Ross student body in recognition of outstanding contributions to their academic learning experience at Ross. All awards are presented at the respective program's commencement celebrations. The stipends that accompany the Teaching Excellence Awards are made possible with the generosity of Robert D. Neary, BBA '55, and Janet E. Neary, AB '54. Mr. Neary's career spanned 38 years with Ernst & Young, and both he and Mrs. Neary have been actively involved with the University since graduation. The Nearys' support of these awards affirms their belief that teaching excellence is largely "the ability to make the pursuit of knowledge an exciting endeavor ... the kind of excitement that is contagious and long-lasting."

BBA Teaching Excellence
Owen Wu (right), Assistant Professor of Operations and Management Science
Professor Wu's research focuses on the operations and risk management of energy supply chains. He has published papers in Management Science, Manufacturing & Service Operations Management, Journal of Portfolio Management, IEEE Transactions, and others. He also is a faculty adviser for Multidisciplinary Action Projects and projects at the Tauber Institute for Global Operations. His project team won first place at the 2008 Spotlight! event at the Tauber Institute.

Executive MBA Teaching Excellence
Izak Duenyas (left), John Psarouthakis Professor of Manufacturing Management, Professor of Operations and Management Science, and Industrial and Operations Engineering, and Chair of Operations and Management Science.
Professor Duenyas' research focuses on supply chain management and coordination, evaluation of investment decisions in flexible capacity, and modeling and control of production systems. Professor Duenyas serves as area editor in the manufacturing, service, and supply chain operations area of Operations Research and is associate editor for Management Science. He has consulted with and provided training for numerous companies. He has served as president of the Manufacturing and Services Operations Society, and as an associate dean for the Ross School. He is a previous recipient of the Researcher of the Year award at Ross.

Evening MBA and MAcc Teaching Excellence
Charles F. Klemstine (left), Lecturer of Accounting
Professor Klemstine joined the faculty in 1987. He previously taught at the University of Virginia and the University of Notre Dame. He has taught financial and managerial accounting, auditing, and Multidisciplinary Action Projects at Ross and is a previous recipient of the Student Award for Teaching Excellence. He is academic mentor for the Institute of Management Accountants at the Ross School.

Global MBA Teaching Excellence Award
Aneel Karnani (right), Associate Professor of Strategy and Chair of the Strategy Department
Professor Karnani received the Teaching Excellence Award in 1991, 2001, 2006, and 2007. He has held visiting appointments to teach in the MBA and executive development programs at universities throughout the world. Professor Karnani's interests are focused on the basic question in strategic management: Why do firms succeed? He also is interested in global competition, particularly in the context of emerging economies. His recent research has focused on poverty reduction and the appropriate roles for the private sector, the state, and civil society.

MBA Teaching Excellence
Gautam Kaul, John C. and Sally S. Morley Professor of Finance
Professor Kaul was awarded the Senior Faculty Research Award in 2003 for sustained, exceptional, and continuing contributions to scholarly research in the field of business, and noteworthy contributions to building and maintaining a strong research environment at the Ross School. He has taught at the undergraduate, MBA, Global MBA, PhD, and executive levels. His courses cover topics ranging from corporate finance, investment, and financial institutions to advanced courses on finance and sustainable enterprise. Professor Kaul has been nominated for the MBA Teaching Excellence Award several times, and he won the award in 1996 and 2006. He also won the Global MBA Teaching Excellence Award in 2003.

PhD Teaching Excellence Award
Andy Gershoff (right), Associate Professor of Marketing
Professor Gershoff's research explores consumers' evaluations and decisions as they relate to relying on and trusting others, brands, and products. Within this context he focuses on three major areas: 1. How do consumers evaluate others to provide recommendations and evaluations? 2. How do consumers react to betrayals or violations of trust after relying on individuals, service providers, and products? 3. How do consumers evaluate the fairness of and react to marketing and manufacturing tactics? His research has been published in the Journal of Consumer Research, Journal of Marketing Research, Journal of Consumer Psychology, and Organizational Behavior and Human Decision Processes, among others.

For more information, contact:
Bernie DeGroat, (734) 936-1015 or 647-1847,