WINTER 2001

Around the School

Features

Executive Education

Faculty

Alumni

Jones School Home

Jones School Campaign

Rice Home

CONTENTS

Dean's Welcome

Around the School

Astros Owner Opens the Fall Season of Dean's Lectures

MBA Students Lead MBA Jungle Portfolio Management Contest

Jones Partners Golf Tournament

El Paso Energy Donates $2.5 Million to the Jones School

Enron and Lay Family Give $8 Million

Enthusiastic Students Organize Student Clubs

Jones School Welcomes Murray Weidenbaum as Visiting Scholar

Maya Houston (MBA '99) Is New Director of Development

GWIB Means Business: Rice Graduate Women in Business Off to a Strong Start

Action Learning Program

ExxonMobil Donation to Benefit Academic Programs

Keep Your Eye on the Rice Alliance

Features

First Annual MBA Marketing Case Competition Puts Jones School on the Map

David Ikenberry: A Testament to Teaching Excellence

Jim Turley, Chairman-Elect of Ernst&Young -- His Community Has Become the Entire Globe

Diary of an MBA: A First-Year Student Writes Journal for Business Week

Executive Education

Jones School Receives Brillante Award

Faculty News

Faculty News

Alumni

Alumni Association President's Letter

Class Notes

Annual Alumni Career Forum

Please send comments to:
Deanna Sheaffer, Editor
Director of Alumni Affairs
Jones School of Management - MS 531 Rice University
P.O. Box 1892
Houston TX 77251-1892
e-mail:JGSalum@rice.edu


Faculty News

Richard P. Bagozzi, J. Hugh Liedtke Professor of Management, had two papers accepted for publication: Perugini, M., & Bagozzi, R.P., “The Role of Desires and Anticipated Emotions in Goal-Directed Behaviors: A Model of Goal-directed Behavior,” British Journal of Social Psychology, and Allen, R.L., & Bagozzi, R.P., “Consequences of Black Sense of Self,” Journal of Black Psychology. He presented the keynote address, “The Role of Emotions in Marketing,” at the European Marketing Association Congress, Rotterdam, The Netherlands in May, and presented “Personality Research in Marketing” at the European Conference on Personality in Krakow, Poland, in July. Bagozzi spoke on “Introducing Social Processes in Attitude Theory” and “Social Identity in Organizations” as a guest lecturer at the Freeman Business School, Tulane University, New Orleans, in August.

R. Randy Batsell, Jesse H. Jones Distinguished Associate Professor of Management, ( with Daniel Osherson, David Lane, and Peter Hartley) had “Coherent Probability from Incoherent Judgment” accepted for publication by the Journal of Experimental Psychology: Applied.

Lyle Brenner, assistant professor, made the following presentations: “Measurement Is Not Estimation: On the Overuse of True-score-plus-error Models in Marketing Science” at the INFORMS Marketing Science Conference in Los Angeles in June; “Random Support Theory: Applying Support Theory to the Calibration of Subjective Probabilities” at the Behavioral Decision Research in Management Conference in Tucson in May, and “Within-group and Between-group Comparisons in Consumer Choice” at the Behavioral Economics & Decision Research Workshop at Cornell University in April.

Steven C. Currall, associate professor of management and psychology and director of the Rice Alliance for Technology and Entrepreneurship, presented two papers: “Qualitative and Quantitative Approaches to Time Based Research: A Panel Discussion” and Haley, E.A. & Currall, S.C., “The Sculptor’s Tools For Revealing the Potential Within: The Transformation of Fibre Corporation/The Winds Have Shifted in the Valley: The Story of Co-Management at the APD of Fibre Corporation” at the Academy of Management meeting in Toronto in August. Steve was also chair of the symposium, “Organizational Phenomena Viewed Through a Different Lens,” at the Academy of Management meeting.

Marc Epstein, research professor of management, published “Measure for Measure” (with Anthony Atkinson), CMA Management, September; “Organizing Your Business for the Internet Evolution” in Strategic Finance, July; and “Strategic Evaluation of Environmental Projects in SMEs” (with Marie Josee Roy) in Environmental Quality Management, Spring 2000. His chapter “Measuring and Managing Social and Environmental Impacts” (with Priscilla Wisner) will be published in The Handbook of Cost Management in 2001. “The Drivers of Customer and Corporate Profitability: Modeling, Measuring, and Managing the Causal Relationships, (with Piyush Kumar, assistant professor, and Robert Westbrook, William Alexander Kirkland Professor of Management and associate dean for faculty affairs), has been accepted for publication by Advances in Management Accounting. Marc also presented the keynote address, “Moving Toward Sustainable Development” at the Environmental Protection Agency International Congress on Life Cycle Assessment, Washington D.C., in April; and “The Identification, Measurement, and Reporting of Corporate Social Impacts—Revisited after Twenty Five Years” at the 25th Anniversary Conference of Accounting, Organizations, and Society, Oxford, England in July.

Jennifer M. George, Mary Gibbs Jones Professor of Management and professor of psychology, had the following papers accepted for publication: George, J. M., & Zhou, J., “When Openness to Experience and Conscientiousness Are Related to Creative Behavior: An Interactional Approach,” Journal of Applied Psychology; Zhou, J., & George, J. M. “When Job Dissatisfaction Leads to Creativity: Encouraging the Expression of Voice,” Academy of Management Journal. Jennifer made the following presentations: “When Job Dissatisfaction Leads to Creativity: Encouraging the Expression of Voice,” at the Society for Industrial and Organizational Psychology Annual Meeting, New Orleans in April and “When Openness to Experience and Conscientiousness Are Related to Creativity in the Workplace: An Interactional Approach” at the Academy of Management Annual Meeting, Toronto, in August. Jennifer was a discussant for the “Emotional Labor Symposium” and a panelist in “All Times Are Not the Same: A Workshop on Temporal Questions in Organizational Research and Methods for Studying Them,” at the Academy of Management Annual Meeting.

Gustavo Grullon, assistant professor, published (with David Ikenberry, associate professor), “What Do We Know about Stock Repurchases?” in the Journal of Applied Corporate Finance. He presented “Dividends, Share Repurchases, and the Substitution Hypothesis” (with Roni Michaely) at the Western Finance Association meeting in Sun Valley, Idaho, in June.

Michael Heeley, assistant professor, (with Professor Andrew Barron, Department of Chemistry) received a $25,000 Entrepreneurship Awareness and Education Grant from the Coleman Foundation to facilitate the development of the Entrepreneurship Curriculum for Science and Engineering Students.

David Ikenberry, associate professor, presented “Underreaction” (with Sundaresh Ramnath, assistant professor) at the Society for Financial Studies Conference on Market Frictions and Behavioral Finance in Chicago in April, at the NBER Behavioral Finance Meetings in Boston in May, and at the University of Florida in May. This paper won the best research paper award at the European Financial Management meetings in Scotland in August. Dave summarized his research in a talk, “Regulatory Issues Regarding Stock Repurchases in Canada and the U.S.,” to the Economic Analysis and Market Regulatory groups at the U.S. Securities and Exchange Commission, Washington D.C. in June. He was a featured speaker at the annual conference of the National Investor Relations Institute (NIRI) in San Francisco and discussed a paper at the Western Finance Association meeting in Sun Valley, Idaho, both also in June.

Neelam Jain, assistant professor, had a paper, “Multinational Learning Under Asymmetric Information” (with Leonard J. Mirman) accepted by the Southern Economic Journal. Her “Real and Financial Effects of Insider Trading with Correlated Signals: A Survey” (with Mirman) has been accepted for publication in Financial Services Research Forum. In April she presented “Financial Intermediation and Entry-Deterrence” (with Thomas D. Jeitschko and Mirman) at the Washington Area Finance Association Spring conference and to the Rice Economics Department. Neelam is on the program committee of the Southeastern Theory and International Trade (SETI) Conference hosted by the economics departments at Rice and the University of Houston.

Lisa Klein, assistant professor, presented two papers at the May Behavioral Decision Research in Management Conference in Tucson: “The Impact of Expertise, User Control, and Expected Disparity on Pre-decisional Distortion in a Real Choice,” (with Kurt A. Carlson) and “The Effect of User Control on Learning and Persuasion in Computer-Mediated Environments.”

Trichy Krishnan, assistant professor, gave an invited presentation entitled “Consistent Assortment Provision and Service Provision in a Retail Environment,” at Washington University in St. Louis last June.

Piyush Kumar, assistant professor, (with Marc Epstein, research professor, and Robert A. Westbrook, William Alexander Kirkland Professor of Management and associate dean for faculty affairs) had accepted for publication “The Drivers of Customer and Corporate Profitability: Measuring, Modeling and Analyzing the Causal Relationships,” in Advances in Management Accounting. Piyush’s paper “The Impact of Long-term Client Relationships on the Performance of Business Service Firms,” won the FedEx Excellence in Service Research Award for the best article published in the Journal of Service Research. Piyush presented a paper entitled “Customer-based Leverage from Retail Service Operations,” at the Marketing Science Conference in Los Angeles in June. He gave an invited seminar, “Value-based Thinking,” at the Annual Conference of the Securities Industry Association in Savannah and an invited presentation entitled “The Impact of the Internet on Organizational Design and Human Resource Practices,” to the Organizational Development Community of Practice Group in Houston last May.

Sharon Matusik, assistant professor, has a chapter, “Managing Public and Private Knowledge Within the Context of Flexible Firm Boundaries,” in the forthcoming book The Strategic Management of Intellectual Capital and Organizational Knowledge: A Collection of Readings, Bontis, N. and Choo, C. W. (Eds.), New York: Oxford University Press.

Sundaresh Ramnath, assistant professor, presented (with David Ikenberry, associate professor) “Underreaction” at the May Review of Financial Studies Conference on Market Frictions and Behavioral Finance at Northwestern University in Chicago , at the May National Bureau of Economic Research Conference on Behavioral Finance in Boston, and at the August European Financial Management Conference in Edinburgh, Scotland. Their paper won the best research paper award at the Edinburgh conference. In August Sundaresh presented “Investor and Analyst Reactions to Earnings Announcements of Competing Firms: An Empirical Analysis” at the American Accounting Association Annual Meeting held in Philadelphia and “Investor and Analyst Reactions to Earnings Announcements of Competing Firms: An Empirical Analysis” at the European Finance Association Meeting held at the London Business School.

Doug Schuler, associate professor, presented (with Michele J. Daley, assistant professor) “Information and Social Decisions: Reworking the CSP-CFP Model” at the Annual Meeting of the Academy of Management in August. Doug and Amy Hillman (Ivey Business School, University of Western Ontario) participated in the Corporate Political Strategy Workshop at the Annual Meeting of the Academy of Management.

Albert Wang, assistant professor, presented “Closed-end Fund Discounts with Informed Ownership Differential” (with Gustavo Grullon, assistant professor) at the Texas Finance Festival in San Antonio in April. His paper “International Equity Market Comovements: Economic Fundamentals or Contagion?” (with Robert Connolly) won the best paper award at the Global Finance Conference in Chicago in April. He also discussed a paper at the Journal of Financial Intermediation Symposium on “New Technologies, Financial Innovation, and Intermediation” in Boston in May.

James Weston, assistant professor, had his paper, “The Use of Foreign Currency Derivatives and Firm Market Value” (with George Allayannis) accepted for publication in the Review of Financial Studies.

Gil Whitaker, H. Joe Nelson III Professor of Business Economics and dean, published “Cost Effective Use of Technology in Teaching: Challenges and Opportunities” in Futures Forum 1998 Papers, Forum for the Future of Higher Education, Yale University, 1999.

Ed Williams, professor, presented “Venture Capital Funded Internet Companies’ Liquidity and Post Lockup Valuations,” (with Paul Cohen, Jim Thompson, and Jack Gill) at the Nineteenth Annual Babson-Kauffman Foundation Entrepreneurship Research Conference in Wellesley, Massachusetts and “A Fresh Look at the Efficient Market Hypothesis: How the Intellectual History of Finance Encouraged a Real ‘Fraud on the Market,’” (with M.C. Findlay) at the Sixth International Post Keynesian Workshop, Knoxville, Tennessee in June.

Duane Windsor, Lynette S. Autrey Professor of Managemant, published “Organizational Considerations in the Evaluation andCompensation of Work Team Performance”, in Michael M. Beyerlein, Douglas A. Johnson, & Susan T. Beyerlein (eds.), Team Performance Management (vol. 6, pp. 139-159, Advances in Interdisciplinary Studies of Work Teams), Stamford, CT: JAI Press, 2000. Duane was presiding chair and co-organizer (with K. A. Getz) of the Showcase Session at the Academy of Management (SIM and International Management Divisions) meeting in Toronto last August. K. A. Getz presented a paper at the session on behalf of Getz and Windsor. Duane presented “The Development Consequences of Virtual Knowledge Management Networks” at the Fourth International Conference on Technology Policy and Innovation in Curitiba, Brazil in August. Duane presented “International Virtual Teams: Opportunities and Problems” at the 8th Annual Individual, Team, & Organizational Effectiveness Symposium, Center for the Study of Work Teams, University of North Texas in May.

Stephen A. Zeff, Herbert S. Autrey Professor of Accounting, published Henry Rand Hatfield: Humanist, Scholar, and Accounting Educator (JAI Press Inc., 2000). Steve’s preface to the book was published in the October issue of the University of California at Berkeley, Haas School of Business Center for Financial Reporting and Management News. In May Steve presented: “El Proceso de Establecer Normas Internacionales de Contabilidad,” at the Instituto Superior de Contabilidade de Aveiro, Universidade de Aveiro, Aveiro, Portugal ; “La Confrontacion Actual Sobre Normas Internacionales de Contabilidad,” at the VIII Congresso de Contabilidade e Auditoria, Aveiro, Portugal; and “La Confrontacion Sobre Normas Internacionales de Contabilidad,” at the Universidad Autonoma de Madrid. In June he presented “The Confrontation on International Accounting Standards,” at Saint Mary’s University in Halifax, Nova Scotia; “The Future of International Standards and Standard Setting Processes,” at the annual conference of the Canadian Academic Accounting Association in Halifax, Nova Scotia ; and “The SEC, the IASC and the Review Panel,” to the Dutch Ministry of Finance, The Hague. In July he presented “Early 20th Century U.S. Accounting Theorists,” at the Free University of Amsterdam. In August he gave a paper, “The Confrontation on International Accounting Standards,” at the annual meeting of the American Accounting Association in Philadelphia. Steve was appointed to two new editorial boards: Canadian Accounting Perspectives and Accounting and the Public Interest.