Business School Faculty in the News - November/December 2006

Below are selected citations of news stories organized by academic department or area, compiled by the Office of Marketing Communications. Please submit additional articles or comments to OfficeofCommunications@bus.umich.edu.

Click here for past citations.

Ilia Dichev, “Market Lunacy,” Harvard Business Review, November 2006
Ilia Dichev, “In tune with the moon: To the piles of research done about external forces affecting stocks. . .” Atlanta Journal-Constitution, November 29, 2006; story also appeared in Cox News Service, November 29, 2006
Ilia Dichev, “Tracking lunar cycles can yield better returns,” The Singapore Straits Times, November 30, 2006
Ilia Dichev, “Stock returns better in new moons: Gains also linked to names, skirts, football,” News & Observer (Raleigh, NC), December 10, 2006
Ilia Dichev, “Peer-Reviewed Study Published in Harvard Business Review Proves Author Robert Taylor’s Earlier Findings. . .” Press Release Newswire, December 14, 1006
Ilia Dichev, “Figures prove stock markets do go looney,” The Economic Times, December 25, 2006
Ilia Dichev, “Bad Moon Rising?” CFO.com, December 27, 2006
Ilia Dichev, Kathy Yuan, “Fly Me to the Moon, and Let Me Profit on My Stocks,” New York Times, November 19, 2006
Michelle Hanlon, “IRS looks closer at companies’ profit disparity,” Associated Press, November 27, 2006
Raffi Indjejikian, “Dynamic incentives and dual-purpose accounting,” Journal of Accounting and Economics, December 2006
Michal Matejka, “AICPA awards grants for performance measures research,” CPA Letter, November 1, 2006
Michal Matejka, “People,” Accounting Today, November 6, 2006


David Butz, “Medicine meets business at MDContent,” Michigan Business Review, November 30, 2006
Joel Slemrod, “CBO Field Narrows,” The National Journal, December 9, 2006
Joel Slemrod, “IRS Scales Back Audits Of Big Firms, Study Finds,” Wall Street Journal, December 21, 2006


“Presidio meets Main Street,” San Francisco Business Times, November 3–9, 2006
“Exec finds cost savings in going green,” Crain’s Detroit Business, November 20, 2006


Jeff DeGraff, “Exec Suites and Mayoral Offices: Younger leaders arise,” Detroit Free Press, December 22, 2006
David Ulrich, “Leading well is simple,” Workforce Management, November 6, 2006
David Ulrich, “Stressed? It’s Not the Gifts or the Parties. It’s the Job,” New York Times, December 24, 2006
Theresa Welbourne, “University of Michigan Announces the Current Leadership Pulse T Study Results,” NewswireToday (London, UK), November 29, 2006; story also appeared on ClickPress, November 29, 2006 and XTVword (India), November 30, 2006


Peter Allen, “Area house-flippers rethinking strategy,” Port Huron Times Herald, November 26, 2006
Peter Allen, “Art Center lobbies for city site,” Ann Arbor News, December 22, 2006
Huseyin Gulen, “The Share-Price-to-Campaign-Contribution Ratio,” New York Times, November 5, 2006
E. Han Kim, “Are elite universities losing research lead? Study finds Internet-driven changes,” Toledo Blade, November 17, 2006
M.P. Narayanan, H. Nejat Seyhun, “Fortunate ones: Insiders made nearly $50 million trading a money-losing company’s stock,” USA TODAY, November 21, 2006
M.P. Narayanan, H. Nejat Seyhun, Cindy Schipani, “Toll of options timing scandal heavy in 2006; more cases expected next year,” Associated Press, December 11, 2006; story also appeared in the Houston Chronicle, December 11, 2006
M.P. Narayanan, H. Nejat Seyhun, Cindy Schipani, “Investors get more info on executive pay,” Olberlin Times (Olberlin, KS), December 15, 2006
M.P. Narayanan, H. Nejat Seyhun, Cindy Schipani, “Investors getting more clear, detailed information on executive pay under new rules,” Associated Press, December 15, 2006; story also appeared in the Ventura County Star (Ventura County, CA), December 16, 2006
M.P. Narayanan, H. Nejat Seyhun, Cindy Schipani, “Stock options scandal has legs,” NorthJersey.com (Hackensack, NJ), December 24, 2006
H. Nejat Seyhun, “Not as Random as It Looks? Some executives seem to be making big gains in automatic trading plans,” BusinessWeek, November 6, 2006
Clemens Sialm, “Saving for Retirement Could Beat Prepaying Mortgage,” Pittsburgh Post-Gazette, November 10, 2006
Clemens Sialm, “Study rejects conventional wisdom on mortgage,” San Antonio Express-News, December 5, 2006
Clemens Sialm, “Prepaying mortgage can be wise choice,” San Antonio Express-News, December 11, 2006
Clemens Sialm, “Prepaying mortgage not always best plan,” Associated Press, December 17, 2006; story also appeared in the Associated Press Financial Wire, December 17, 2006 and the Canton Repository (Canton, OH), December 18, 2006
Clemens Sialm, “Where to Put Your Extra Cash Paying Mortgage Early? Study Sees Benefit in 401(k) Focus Instead,” Wall Street Journal, December 23, 2006
Clemens Sialm, “Investing in retirement often better than prepaying mortgage,” The Times Union (Albany, NY), December 25, 2006
Clemens Sialm, “To Prepay or Not to Prepay,” The Motley Fool, December 27, 2006
Kathy Yuan, Ilia Dichev, “Fly Me to the Moon, and Let Me Profit on My Stocks,” New York Times, November 19, 2006


George Fulton, “Michigan’s job losses to continue through 2008, U-M study says,” Associated Press, November 17, 2006; story also appeared on Wood-TV (Grand Rapids, MI), November 19, 2006
George Fulton, “Michigan’s Job-Loss Streak Longest Since Great Depression,” Michigan Technology News, November 17, 2006
George Fulton, “Jobs outlook dim for 2 more years: U-M economists predict more losses before recovery,” Detroit Free Press, November 18, 2006
George Fulton, “Michigan’s recent job loss compares to the Great Depression,” Detroit News, November 18, 2006
George Fulton, “U-M: Michigan economy will worsen,” Detroit News, November 18, 2006
George Fulton, “Manufacturing job losses hit other sectors,” Crain’s Detroit Business, November 20, 2006
George Fulton, “Michigan’s malaise demands both sides think and act anew,” Detroit News, November 20, 2006
George Fulton, “Editorial: Gloom in State Brings Incentive to Change,” Detroit Free Press, November 21, 2006
George Fulton, “Editorial: Spare Schools from Brunt of Next Cuts,” Detroit Free Press, November 21, 2006
George Fulton, “More Americans call out in hunger,” Chicago Tribune, November 23, 2006
George Fulton, “Short-term outlook gloomy, says economists,” Michigan Business Review, November 23, 2006
George Fulton, “Whole delegation supports auto concerns,” Detroit Free Press, November 23, 2006
George Fulton, “Federal labor: Service sector lifting gross state product,” Associated Press, November 26, 2006
George Fulton, “Lakes States Will Rebound: Michigan Has the Resources to Snap Back in Grand Style,” Detroit Free Press, November 26, 2006
George Fulton, “State needs direction in troubled times,” Ann Arbor News, November 26, 2006
George Fulton, “Michigan takes a back seat to Ontario,” Toronto Globe and Mail, November 28, 2006
George Fulton, “Michigan’s Evolving Economy: Bedpans, Computers and Craps Tables,” Blogger News Network, November 29, 2006
George Fulton, “Phil Power: Dear Governor: You must be bold,” Livingston Daily (Livingston, MI), November 29, 2006
George Fulton, “The Nation: Dispatch from Dearborn, Mich.: Downsized, but not out of demand,” Los Angeles Times, December 3, 2006
George Fulton, “Industry czar quits his post: Critics say Bush appointee didn’t do enough to help manufacturers with health care . . .” Detroit News, December 7, 2006
George Fulton, “Budget shortfalls are a depressing pattern for state government,” Associated Press, December 9–10, 2006; story also appeared in the Akron Beacon Journal (Akron, OH), December 10, 2006
George Fulton, “State revenues shrink again: Granholm will likely have to issue executive orders for cutbacks,” Associated Press, December 11, 2006; story also appeared in the Lansing State Journal, December 11, 2006
George Fulton, “Wayne County’s job outlook could get even worse,” Detroit News, December 12, 2006
George Fulton, “Michigan Economy To Continue To Be Slow In 2007,” WDIV (Detroit), December 13, 2006
George Fulton, “To live long, prosper, economy turns to health solution,” Saginaw News (Saginaw, MI), December 17, 2006
George Fulton, “Health is replacing autos as job leader,” Detroit News, December 18, 2006
George Fulton, “State still leads in jobless rate,” Detroit News, December 21, 2006
George Fulton, “Jobs forecast still grim,” Port Huron Times Herald, December 30, 2006
Donald Grimes, “Jobs for grads hot, but not in Michigan,” Detroit News, December 11, 2006
Donald Grimes, “Ford auto workers pick sides, whether they stay or go, the future is uncertain,” Associated Press Financial Wire, December 26, 2006; story also appeared in the Houston Chronicle, December 26, 2006
Donald Grimes, “A gamble for Mich. autoworkers,” The Virginian-Pilot, December 27, 2006
Donald Grimes, “Hot states dangle hot jobs,” Detroit News, December 27, 2006; story also appeared in the Inland Valley Daily Bulletin (Ontario, CA), December 26, 2006
Roland Zullo, “Ford’s buyouts cut staff by half,” Washington Times, November 30, 2006
Roland Zullo, “Former car workers spy out new careers,” Financial Times, December 6, 2006; story also appeared on MSNBC, December 5, 2006
Roland Zullo, “Buyout tempting to Ford workers,” Chicago Tribune, December 10, 2006


David Lewis, “Fords Hock Dynasty in Gamble Mulally Can Save Family Franchise,” Bloomberg, December 28, 2006
David Lewis, “Ford hock dynasty in turnaround try,” Buffalo News, December 29, 2006
Cindy Schipani, M.P. Narayanan, H. Nejat Seyhun, “Toll of options timing scandal heavy in 2006; more cases expected next year,” Associated Press, December 11, 2006; story also appeared in the Houston Chronicle, December 11, 2006
Cindy Schipani, M.P. Narayanan, H. Nejat Seyhun, “Investors get more info on executive pay,” Olberlin Times (Olberlin, KS), December 15, 2006
Cindy Schipani, M.P. Narayanan, H. Nejat Seyhun, “Investors getting more clear, detailed information on executive pay under new rules,” Associated Press, December 15, 2006; story also appeared in the Ventura County Star (Ventura County, CA), December 16, 2006
Cindy Schipani, M.P. Narayanan, H. Nejat Seyhun, “Stock options scandal has legs,” NorthJersey.com (Hackensack, NJ), December 24, 2006


Gerald Davis, “Morgan Stanley Buffs Activist Profile: Hiring of Governance Expert Suggests Increased Interest . . .” Wall Street Journal, December 13, 2006
Andrew Hoffman, “Getting Ahead of the Curve: Corporate Strategies That Address Climate Change,” National Press Club, October 18, 2006
Andrew Hoffman, “Growing Climate Change Interest Prompts Corporate Strategy Workshops,” Inside Green Business, November 1, 2006
Andrew Hoffman, “State should seek cheaper, cleaner energy source,” Fort Wayne Journal-Gazette, November 6, 2006
Andrew Hoffman, “Corporations embrace bottom-line global warming plan,” Physics Today, December 2006
Shirli Kopelman, “New condos lure more residents downtown: Developers closely watching demand for units,” Ann Arbor News, November 5, 2006; story also appeared on MLive.com, November 5, 2006
Renee Lerche
, “People Making News,” Detroit Free Press, November 29, 2006
Gerald Meyers, “Billionaires at the gate: Auto suppliers draw big-bucks investors,” Detroit News, November 1, 2006
Gerald Meyers, “Private investors swooping in on auto industry,” Saint Paul Pioneer Press, November 5, 2006
Gerald Meyers, “Ford Uses Assets For First Time To Secure Loans . . .” Washington Post, November 29, 2006
Gerald Meyers, “Analysts say Kerkorian stock sale focuses attention on GM’s turnaround plan,” Associated Press, December 1, 2006
Robert Pasick, “Better banking, by the book,” ABA Banking Journal, December 2006
Jeffrey Sanchez-Burks, “So You Want Ivy Around Your Desk?” New York Times, November 19, 2006
Noel Tichy, “It’s good to be great,” Gannett News Service, November 23, 2006; story also appeared in the Cherry Hill Courier Post (Cherry Hill, NJ), November 24, 2006
“Management Knowledge Leading Positive Change: Are We Ready to Tip?” GreenBiz.com, November 2006


Thomas Kinnear, “This Just In [Award for Getting the State’s Venture Michigan Fund Launched],” Crain’s Detroit Business, November 6, 2006
Thomas Kinnear, “EDF’s Campbell, U-M Kinnear New Leaders Of Michigan Venture Capital Group,” Michigan Technology News, November 9, 2006
Thomas Kinnear, “Entrepreneurship 101: Programs seek to give budding business starters sage advice,” Crain’s Detroit Business, November 13, 2006
Thomas Kinnear, “The Entrepreneur’s Holiday Bookshelf,” BusinessWeek, December 8, 2006
Thomas Kinnear, “Search engine finds Ann Arbor’s potential,” Detroit Free Press, December 10, 2006
Christie Nordhielm, “A disposer that can outeat Uncle Joe?” Chicago Tribune, November 24, 2006
Christie Nordhielm, “Ad trade losing top minority executive,” Chicago Tribune, November 29, 2006
David Wooten, “Don’t come undone over gifts,” Robertson County Times (TN), December 18, 2006
Claes Fornell/American Customer Satisfaction Index, “Perception Is Reality,” Edmunds.com/Inside Line, September 7, 2006
Claes Fornell/American Customer Satisfaction Index, “Wachovia in the wings: With the takeover of World Savings’ parent . . .” Los Angeles Times, November 6, 2006
Claes Fornell/American Customer Satisfaction Index, “VA’s Model of Success,” Government Leader, November 13, 2006
Claes Fornell/American Customer Satisfaction Index, “Coke declines in consumer satisfaction,” Atlanta Journal-Constitution, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “Home Depot expected to slip: CEO under fire,” The Gazette/Bloomberg News, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “Kellogg, Sara Lee, Pepsi Gain Consumer Favor,” Promo Online Exclusive, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “Manufacturing Fares Well In Customer Satisfaction Survey,” Manufacturing.Net, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “Pepsi Has Pop, Coke Goes Flat in U Mich Study,” BEVNET, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “Pepsi Tops Coke for Satisfaction, Reebok Pulls ahead of Nike . . .” Seattle Post-Intelligencer, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “Study: Heinz Still Most Satisfying, But Slips,” Pittsburgh Post-Gazette, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “US: Consumer satisfaction improves at Kellogg, Sara Lee as Heinz takes a dip,” just-food.com, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “US: Pepsi claims cola crown in US survey,” just-drinks.com, November 14, 2006
Claes Fornell/American Customer Satisfaction Index, “Manufacturing Customer Satisfaction Improves,” IndustryWeek, November 15, 2006
Claes Fornell/American Customer Satisfaction Index, “Ebay Will Keep Close Eye on PS3 Auctions,” St. Petersburg Times, November 16, 2006
Claes Fornell/American Customer Satisfaction Index, “This Week’s Economic Roundup,” Inc.com, November 16, 2006
Claes Fornell/American Customer Satisfaction Index, “Pepsi Uncaps Lead over Coca-Cola; Nike Stumbles in Race with Reedbok,” Canada NewsWire, November 17, 2006
Claes Fornell/American Customer Satisfaction Index, “Dish Network renews customer service focus,” Rocky Mountain News, November 24, 2006
Claes Fornell/American Customer Satisfaction Index, “Express-delivery services gear up for the holidays,” Worcester Telegram (Worcester, MA), November 29, 2006
Claes Fornell/American Customer Satisfaction Index, “Investors tracking express-delivery firms this season,” Chicago Tribune, December 3, 2006
Claes Fornell/American Customer Satisfaction Index, “Last-minute shoppers boost express-delivery firms,” Orlando Sentinel, December 3, 2006
Claes Fornell/American Customer Satisfaction Index, “Retail Looks for a Late Comeback,” ABC News/Marketplace Morning Report, December 6, 2006
Claes Fornell/American Customer Satisfaction Index, “E-Government: Reports Gauge Happiness with Government Web Sites,” Technology Daily, December 15, 2006
Claes Fornell/American Customer Satisfaction Index, “No Christmas cheer at Law Society as Scrooge set to axe perks,” The Herald (Glasgow, Scotland), December 16, 2006
Claes Fornell/American Customer Satisfaction Index, “InterContinental Hotels offer superb business environment,” Korea Herald, December 20, 2006
Claes Fornell/American Customer Satisfaction Index, “Netflix, Amazon Take Top Honors in Holiday Season Shopping Experience Survey,” Commweb, December 27, 2006; story also appeared in Techweb, December 27, 2006


Kenneth Lieberthal, “Wayne County sees future with China,” Detroit Free Press, November 14, 2006
Kenneth Lieberthal, “USA/China economy: Big guns, small prizes,” The Economist, December 23, 2006; story also appeared in EIU ViewsWire Select, December 22, 2006
Kenneth Lieberthal, “China imposes limit on automakers: Sales must justify factory expansion,” Detroit Free Press, December 27, 2006
Kenneth Lieberthal, “Chrysler may unveil first Chinese car on U.S. roads,” Detroit Free Press, December 29, 2006
C.K. Prahalad, “What Detroit Can Learn From Bangalore . . .” Reason Online (Los Angeles, CA), June 2006
C.K. Prahalad, “Philanthropy’s new prototype,” Technology Review, November 1, 2006
C.K. Prahalad, “Business guru trying to end poverty,” Jakarta Post, November 3, 2006
C.K. Prahalad, “Corporate America swears by the Gita,” Organiser (New Delhi, India), November 5, 2006
C.K. Prahalad, “Business Leadership Recipe: Innovation,” Syracuse Post-Standard, November 7, 2006
C.K. Prahalad, “Acumen’s New Model for Third-World Aid: By joining designers’ innovative solutions with finance from capital markets . . .” BusinessWeek, November 10, 2006
C.K. Prahalad, “From Obstacles to Breakthroughs,” New York Times, November 18, 2006
C.K. Prahalad, “Chennai B-school GLIM to establish own campus,” The Economic Times, December 1, 2006
C.K. Prahalad, “CK Prahalad asks Indian businesses to look at new frontiers,” domain-B.com, December 20, 2006
C.K. Prahalad, “Industry needs to find more ways of innovation: experts,” The Press Trust of India, December 21, 2006; story also appeared in Zee News (Noida, India), December 21, 2006
C.K. Prahalad, “India has capacity for 13 percent growth: Prahalad,” Indo-Asian News Service, December 31, 2006; story also appeared on MonstersandCritics.com, December 31, 2006
C.K. Prahalad, “To preserve the past, present, and future of Indian Muslims,” IndianMuslims.info (San Diego, CA), December 31, 2006


“D-Schools: The Global List,” BusinessWeek, November 2006
“Toyota execs provide insight: U-M students hear about inner workings of Japanese automaker,” Ann Arbor News, November 11, 2006


“Middle East Partnership Initiative Providing More Than $1.1 Million for U.S.-Middle East University Partnerships,” State Department Documents and Publications, November 21, 2006
“US State Department: Middle East Partnership Initiative . . .” M2 Presswire, November 22, 2006
“Middle East Partnership Initiative Announces Four New Awards,” States News Service, November 24, 2006
“Middle East Partnership Initiative to benefit Algerian, Libyan universities,” magharebia.com, November 26, 2006


Thomas Kinnear, “This Just In [Award for Getting the State’s Venture Michigan Fund Launched], Crain’s Detroit Business, November 6, 2006
Thomas Kinnear, “EDF’s Campbell, U-M Kinnear New Leaders Of Michigan Venture Capital Group,” Michigan Technology News, November 9, 2006
Thomas Kinnear, “Entrepreneurship 101: Programs seek to give budding business starters sage advice,” Crain’s Detroit Business, November 13, 2006
Thomas Kinnear, “The Entrepreneur’s Holiday Bookshelf,” BusinessWeek, December 8, 2006
Thomas Kinnear, “Search engine finds Ann Arbor’s potential,” Detroit Free Press, December 10, 2006
Thomas Porter, “Frankel Fund looks to invest in UM startups,” great lakes IT report, December 5, 2006
Thomas Porter, “Frankel Fund Looking To Invest In Michigan Health Care . . .” Michigan Technology News, December 5, 2006
“School Ties,” Entrepreneur Magazine, November 2006
“Bob Evans lot last sold in 2004 for $1.8 million,” Charleston Daily Mail, December 14, 2006


Robert Dolan, “Without diversity, B-School may suffer,” Michigan Daily, November 27, 2006
Mary Hinesly, “How to help women? Start with an MBA,” Crain’s Detroit Business, December 4, 2006
Stephen Ross, “Real Estate Board of NY taps Related Cos. CEO,” Crain’s New York Business.com, November 10, 2006
Stephen Ross, “Steve Ross in at REBNY, Zuccotti out, Kalikow Nowhere,” New York Observer, November 10, 2006
Stephen Ross, “REBNY taps Stephen Ross to replace Zuccotti as chair,” Real Estate Weekly, November 15, 2006
Joe White, “His setback classic case of lemon to lemonade,” Ann Arbor News, November 27, 2006
Joe White, “U. of I.’s fundraiser in chief,” Chicago Tribune, December 10, 2006
Sam Zell, “Chicago Firm Owns Valley Mobile Home Parks,” Modesto Bee, December 10, 2006
“IBA to Set up Center for Entrepreneurial Excellence,” Business Recorder, November 2, 2006
“IBA gets international assistance to establish new Center for Entrepreneurial Excellence,” Pakistan Newswire, November 3, 2006
“A half-built home for the holidays,” Michigan Daily, November 17, 2006
“Pushing green building into mainstream,” Crain’s Detroit Business, November 20, 2006
“The military route to success,” CNN.com, November 20, 2006
“Book on leadership: It’s a zoo out there,” Chicago Tribune, December 10, 2006
“Prying open a new career: Entrepreneur finds a ‘PurrFect’ business opportunity,” Detroit News, December 11, 2006
“Students assist marketing of Riverside: U-M business school club draws up free plan for arts center,” Ann Arbor News, December 15, 2006
“Get ready for imported colleges next year,” Times of India, December 28, 2006