January 2004 Issue

Takahashi Picks Pace for Prestigious Research Project
ITESM's Roberto J. Santillán Salgado: J.P. Morgan Professor at Lubin
Professor Claudia Green Nurtures Civic Engagement
Establishing an Environment of Ethical Behavior
Faculty Resource Network Seminars Enhance Teaching
Lubin Welcomes Five New Faculty Members
Ahora Disponible en el Español




Takahashi Picks Pace for Prestigious Research Project

[John J. OConnor]
"Business ethics is very important in Japan and in the [United States]," commented Hiroo Takahashi, professor of International Management from Hakuoh University, Japan, who is spending the fall semester at the Lubin School of Business on the NYC campus. "Ten years ago most Japanese scholars and businessmen were not interested in business ethics, now this subject is very important."

Recipient of a prestigious grant from the Japanese University Faculty Overseas Lecture Program run by the Tokyo Foundation supporting his sabbatical year research, Takahashi chose Pace as his international university home to carry out an advanced research project in collaboration with Lubin faculty members.

With corporate governance and corporate ethics as his research focus, Takahashi plans to study the management style of some Japanese multinational corporations and financial companies with offices in the New York/New Jersey metropolitan area. He is leading a group of 40 Lubin students on a trip to visit the DoKoMo Corporation showroom and headquarters.

A visiting lecturer for a number of Lubin courses, Takahashi discusses with students such subjects as corporate governance in the global environment, trends in Japanese management, business ethics, and internationalization, with an emphasis on "studying not only the theory of international management but also the historical and cultural background of each country."

"Takahashi provides a different perspective on many current business issues of interest to our students. He provides a 'window' for us on ongoing developments in Japan," said Stephen Blank, professor of Management and International Business and the Director of the Center for International Business Development. "His visit can lead to research collaboration and perhaps to student and faculty exchanges between Pace and Hakuoh [University]."

ITESM's Roberto J. Santillán Salgado: J.P. Morgan Professor at Lubin

[Roberto J. Santillan Salgado]
Roberto J. Santillán Salgado, Lubin's J.P. Morgan Professor this past summer, is the PanAm Partnerships first "NAFTA Professor"—teaching in all three NAFTA nations, México, the United States, and Canada.

A professor in the MBA program at the Monterrey Institute of Technology (EGADE-ITESM) in México, Santillán has been a visiting professor at HEC-Montreal in Canada and, now, at Lubin. He received his M.A. from the Universidad Autónoma Metropolitana, México, and his M.B.A. and Ph.D. from the ITESM. He has also been a Visiting Professor at the Escuela de Administración de la Pontificia Universidad Católica de Chile (1995—1997) and the University of Texas at Austin (1994—1995). He served as senior assessor to the CEO of Banamex; Economic Analyst, Departamento de Políticas de Crédito y Estudios Especiales del Fondo de Garantía y Fomento a la Pequeĺ?˜a y Mediana Industria, Nacional Financiera; and Chief of the Economic Analysis Department, Unidad Coordinadora de Empresas de Servicios Portuarios, SCT, México. He has published a number of articles dealing with NAFTA, international finance, corporate finance, investments, and financial institutions.

"As a member of the PanAmerican Partnership for Business Education," says Santillán, "I have been involved in the planning and organization of several events in which the four Partner universities have developed new spaces for learning, research, and personal relationships. My plans for the future are simple, but, I hope, relevant. Along with other colleagues, I am working towards the creation of new academic materials that can be used by our faculty and students to further improve their understanding of North America's trend toward growing financial integration. As part of that project, I am currently working on the development of México's financial industry handbook. The financial industry handbooks for Canada and the United States are already finished. Also, I look forward to collaborating with members of the Partnership Finance Team to plan the organization of academic events in which industry, governments, and academicians will find a forum to share their findings, concerns, and solutions for a more efficient, profitable, and reliable financial system in North America," he concludes.

Professor Claudia Green Nurtures Civic Engagement

[Claudia Green]
"Business leaders are beginning to realize the importance of the triple bottom-line audit where social and environmental responsibility is as important as fiscal responsibility," reflects Dr. Claudia Green, associate professor of Management and the director of the Hotel Management Program. "I believe that one of our challenges is to expose students to the importance of the social and environmental sustainability of businesses today and in the future." This approach applies to all businesses, but here at Pace, Green focuses on social, environmental, and financial management in hotels, restaurants, tourism, and ecotourism.

Green takes the issue of sustainability into the international realm, by providing experiential opportunities for her students. "For instance, each year I take a group of students to study ecotourism in Brazil. We review the impact of hotels, restaurants, and tourist attraction development. Further, we examine the impact of these businesses on the surrounding environment, on the local culture and the citizens, as well as the contribution to the local economy."

Always interested in helping her students expand their horizons, Green challenges her students locally by incorporating opportunities to become involved in the community through work with City Harvest, the nation's oldest and largest food rescue program serving food to the homeless in New York City. Restaurant management students work with City Harvest by participating in the collection of food from hotels, restaurants, conventions, and green markets in the five boroughs. In October 2003, in recognition of the volunteer efforts of Pace University students, Green received the Volunteer Leadership Award during the City Harvest Annual Volunteer Recognition Ceremony at the Broadway Millennium.

In another local opportunity for social involvement, Green's tourism class participated in Culture Fest 2003 (September 20-21, 2003, in Battery Park). Her students worked with New York City and Company (NYC&Co;), New York City's Convention and Visitors Bureau (nonprofit), and with local cultural and arts organizations in every borough. Says Green, "This was a great experience for the tourism students. They had the opportunity to work with over 100 nonprofit organizations such as the Asia Society and Museum, the Museum of Jewish Heritage, the Museum of the City of New York, Wave Hill, the Jamaican Center for Arts and Learning, Queens Botanical Gardens, and the New York Transit Museum. Through this effort, the students learned not only about how non-profit organizations work, but also about culture and arts venues, while helping to promote the revival of New York City tourism."

Civic Engagement
"It is important for students to look at social issues, particularly in light of what we hear on the news about the greed of the ‘Enrons' of the world," Green says candidly. Her sense of responsibility to the community is one of her strongest character traits. From her three-year position as director of North Carolina's Guilford County WIC (Women, Infants, and Children) Program, a federally funded nutrition program, to her efforts in New York City working with City Harvest and researching the impact of 9/11 on the restaurant business for the Center for Downtown New York, Green has demonstrated a commitment to civic involvement.

Green's involvement with lower Manhattan extends to local area restaurants where she studied the strategies used after 9/11 in terms of customer relationship management, employee training, marketing, promotions, and financial management needed to rebuild their businesses. Along with her colleagues Dr. Pat Bartholomew of CUNY and Dr. Sue Murrmann of Virginia Tech, Green wrote the article "New York Restaurant Industry: Strategic Response to Business Slowdown Due to the 9/11 Terrorist Attack," which will be published in the Journal of Travel and Tourism Research (2004).

The recipient of numerous research grants and fellowships, Green has also received three Pace Presidential grants: the Center for Downtown New York Presidential Grant in 2003 on the use of technology in the decision making for the rebuilding of lower Manhattan; the Eugene M. Lang Student Faculty Research Fellowship in 2002 on the impact of 9/11 on the restaurant industry in lower Manhattan; and the Civic Competency Grant in 2001 for her focus on Hunger in New York City and City Harvest efforts.

The Payoff
By bringing her enthusiasm for community involvement into the classroom, Green notes that for some students, her class represents their first real experience in community involvement. "At first, some students questioned the purpose of these community efforts, but once they became involved, they felt really good about what they had done and saw that it had a positive effect," she comments. "Since 9/11, it has been even more important that we continue to support our community in any way that we can. When the entire community comes together, we can begin to see the impact of social responsibility." The effort is paying off as some of Green's students are now interning with the businesses and organizations they had previously volunteered with and are

Civic involvement is a family tradition for Green as her son, Gill, 28, is a Peace Corp volunteer in Cameroon, Africa, and a former Americorps Volunteer. Her daughters Karisse, 26, and Jessica, 19, have been volunteers for the Boys and Girls Clubs of America, a nonprofit organization that inspires young people to realize their productive potential and for Lifebeat, a nonprofit organization dedicated to reaching American youth with the message of HIV prevention.

Opportunities Abound
Green previously taught at the University of North Carolina, Greensboro, where she was a of Nutrition and Food Management. She packed up her belongings and came to the Lubin School in 1999 as the director of the Hotel Management Program with great anticipation. "It was an opportunity to do something I wanted to do and the time was right," says Green of her decision to sell a new house that she had just built in North Carolina and to relocate to New York City. As for leaving the comforts of small town North Carolina and coming to Manhattan and the Lubin School, "It has been one of the best decisions I have made. So many doors have opened onto so many opportunities," says Green.

Establishing an Environment of Ethical Behavior

Cheaters, beware! The Lubin Task Force on the Promotion of Academic Ethics, comprised of eight Lubin faculty members, is working on identifying measures to promote ethical behavior in the classroom and address issues of cheating. In explaining why he organized the Task Force, Dean Arthur L. Centonze said, "The recent corporate scandals have led some of us to believe that we need to look internally, to ensure that we are doing everything possible to enhance our integrity and pride as an academic community."

The Task Force is cochaired by Dr. Claudia Green, associate professor of Management and director of the Hotel Management Program, and Dr. Peter Hoefer, associate dean and director of Graduate Programs.

"This is a countrywide problem right now, and part of it is that electronic technology has changed the nature and ease of cheating," commented Green. Concerned with the amount of cheating and plagiarism going on in the classroom, many graduate and undergraduate students have complained about the rise in academic misconduct among their fellow students. "One of our big challenges is that not everybody agrees on the definition of cheating. Some student may not understand that it is cheating to cut and paste from a Web site and not give a reference," said Green.

Culture of Cheating
"The objective of college is to learn; too often, in our society, the objective becomes one of getting the best grade and getting on with one's life," commented Dr. Joseph M. Pastore, Jr., Management, an expert in the area of corporate ethics and public policy, who recently presented a two-day workshop at Bucknell University focused on corporate ethics today. Pastore opined that the increased pressure for good grades in colleges, just as competition for performance in the corporate world, tempts dishonesty and are part of the broader issue in the present-day culture where people are ready to get ahead at any cost. "When the pressures to meet quarterly returns increase, you have consequences that come in the form of, for example, Worldcom," he said.

Environment of Ethical Behavior
"The question is not what faculty can do to convince students that being honest is important, the greater burden is to create an environment in which students are less apt to cheat," commented Pastore. "One approach is to provide assignments that are original in nature and that urge students to express themselves in ways that can't be borrowed from anywhere else than their own thinking."

Based on the survey of faculty and students, the Task Force is going to compile a list of preventive measures and distribute it to all Lubin faculty members. "Our goal is to identify best practices in preventing unethical behavior," commented Green, "It is important for business schools, in particular, to incorporate more discussions about ethics into the curriculum. After all, we are preparing future leaders in the business environment."

Dean Centonze summarized the results he expects to see by saying, "The work of the Task Force will be used to send the clear message that academic ethics is an important part of the learning process at the School, and a fundamental element in the student's professional development as well."

Faculty Resource Network Seminars Enhance Teaching

From June 9 to June 13, 2003, more than two hundred scholars from 38 U.S. universities—members of the Faculty Research Network, a week-long, award-winning, nationally recognized faculty development initiative that provides opportunities for faculty development and cross-institutional collaboration —gathered on the Washington Square campus of New York University to participate in seminars and independent research residences to enhance their teaching and research.

This was the second year that faculty members from Pace University participated, attending lectures and joining in discussions with their colleagues from around the country. The first Lubin faculty to attend a Network seminar, Barry Gold, associate professor of Management, was part of the seminar, "The American Dilemma: Psychoanalysis and Race," which was coconvened by Adelbert Jenkins and Neil Altman, both NYU psychology professors, to explore the history of the concept of race and how race has shaped American culture.

Gold's interest in the seminar was to enhance his current research on court-ordered urban education reform in New Jersey. With support from the Spencer Foundation, Gold started research in 1998 when the New Jersey Supreme Court issued its landmark Abbott v. Burke V decision that intends to equalize educational opportunity between wealthy suburban and economically distressed urban school districts in New Jersey. Gold, an expert in organizational behavior, organization theory, and organization change, focuses on how the court order restructures the organization of schools and the way that teachers either resist or change how they instruct students.

"An important issue that emerged immediately in the research is how the social construction of race affects teachers' values and the ways that values influence organization and social change. This is particularly interesting when the trigger for change is a highly coercive court order that seeks to change fundamental social values and behavior. I wanted to broaden my understanding of contemporary perspectives on race and the NYU seminar provided several new theories that have contributed to my thinking about the data I have collected, " Gold explained.

According to Gold, a highlight of the seminar was Paul Wachtel's presentation of the main arguments in his critically acclaimed book Race in the Mind of America: Breaking the Vicious Circle Between Blacks and Whites. Wachtel, acting director of the Colin Powell Center for Policy Studies at the City College of New York, elaborated the idea that race relations in the United States are a product of complex social processes captured in Robert Merton's seminal concept of the "self-fulfilling prophecy." Wachtel also discussed ways to improve race relations in the United States.

Gold, a sociologist, commented that, "Although I was not converted to the psychoanalytic view of race—which is now influenced by sociological research—I benefited from the seminar because of the opportunity to interact with colleagues who have diverse perspectives on theories central to my research on urban education reform. More importantly, the seminar grappled with urgent social issues that affect every American. I encourage all Pace University faculty members to attend an NYU Faculty Research Network seminar."

For 2004, Dr. P.V. Viswanath, Finance and Economics, has been named a Faculty Resource Network University Associate.

For more information on these seminars, go to www.nyu.edu/frn/.

Lubin Welcomes Five New Faculty Members

John C. Byrne, assistant professor of Management, earned his B.S. from Dominican College and his M.B.A. from the Executive MBA Program at the Lubin School, where he was also inducted into Beta Gamma Sigma. He received a Ph.D. in Technology Management from Stevens Institute of Technology.

Byrne's primary research focuses on the human factors of management. He coauthored the recently published paper "Organizational Learning: A Sociocognitive Framework," Human Relations 56 (7), which addresses organizational learning from the perspective of social cognition. Additionally, he is investigating a recent construct called "Emotional Intelligence" and its application in management.

Prior to entering university teaching, Byrne led a successful career in firms specializing in electronics, optics, and biotechnology. Most recently, he served as vice president of LSL Biolafitte, Inc., a multinational corporation specializing in capital equipment for the pharmaceutical and biotechnology industries.

Byrne taught previously at Lubin as a visiting instructor in Management, and as an adjunct associate professor. Columbia University's School of Public Health and NYU are other institutions where Byrne has lectured on a part-time basis.

Paul Kurnit, clinical professor of Marketing, received his B.A. with honors from the University of Wisconsin and an M.A. from Queens College.

Kurnit is no stranger to Lubin, as he has been an adjunct here for a number of years, leading Lubin's undergraduate ad team on the New York campus to successive years of honors in the annual National Student Advertising Eastern Regional Competitions as the American Advertising Federation team advisor. He is founder and president of Kurnit Communications and Kid-Shop, and of two marketing consulting firms, where he has worked with prominent companies such as Bayer, Disney, Kraft, Pepsi and Schwab, to name a few. Before starting his own company, Kurnit was president and CEO of Griffen Bacal, a New York advertising agency specializing in the youth market. In addition to advertising, Kurnit has been on the production side of the children's entertainment industry. He was executive vicepresident of Sunbow Productions, involved with creating a vast array of TV programming, films, and after-school specials for ABC and CBS, among other projects. Kurnit also serves as a member of Lubin's Adviory Board and as the chair of its sub-committee on communications and marketing.

Corinne Post, assistant professor of Management, earned her B.S. in Organization Management and a master's in International Management (M.I.M) in Switzerland from HEC, University of Geneva and HEC, University of Lausanne, respectively. She was a Graduate School Doctoral Dissertation Fellow at Rutgers University, where she received her Ph.D. in Organization Management. She also received several other fellowships while studying at Rutgers.

Post's recent published articles include: "Structure, Relationships, and Community Responsibility," coauthored with Nancy DiTomaso and Rochelle Parks-Yancy, Management Communication Quarterly, vol. 17 (2003); and "White Views of Civil Rights: Colorblindness and Equal Opportunity," coauthored with Nancy DiTomaso and Rochelle Parks-Yancy, in Woody Doane & Eduardo Bonilla-Silva (Eds.) White Out, New York: Routledge (2003).

Included among her most recent presentations of papers at refereed academic conferences are: "Gender, Family & Work Contexts: Effects on Manager Rated Performance among Scientists & Engineers," with coauthors N. DiTomaso, G.F. Farris, and R. Cordero, Academy of Management, Seattle, WA (2003); "Work-Family Conflict and Turnover Intentions Among Scientists and Engineers Working in R&D;," with coauthors N. DiTomaso, G.F. Farris, and R. Cordero, Academy of Management, Seattle, WA (2003); "Strong and Weak Ties of African-American and Women Survivors of Organizational Downsizing," with coauthor R. Parks-Yancy, and "Work-Family Conflict and Turnover Intentions among Scientists and Engineers Working in R&D;," American Sociological Association, Atlanta, GA.

Post's professional affiliations include the Academy of Management, the American Sociological Association, and the Organizational Behavior Teaching Society.

Noushi Rahman, assistant professor of Management, received a B.S. in Management, magna cum laude, from the University of South Alabama, and an M.B.A. from the City University of New York, Baruch College. He is currently a doctoral candidate at Baruch in Strategic Management. His dissertation research is on determinants of alliance longevity.

Rahman's recently published research includes: "Opportunism Dynamics in Strategic Alliances," with coauthor T.K. Das, Cooperative Strategies and Alliances (2002); and "Partner Misbehavior in Strategic Alliances: Guidelines for Effective Deterrence," with coauthor T.K. Das, Journal of General Management, vol. 27, No. 1 (2001).

Recent conference presentations include: "Opportunism in Strategic Alliances: A Time-Risk Framework," Academy of Management, Seattle, WA (2003); "Time Orientations of Strategic Alliances: Alliance Horizons and Opportunistic Behavior," and "Determinants of Partner Opportunism in Strategic Alliances," Academy of Management, Denver, CO (2002). T.K. Das, one of the most renowned names in the alliance literature, has been Rahman's coauthor on all the above-mentioned papers.

Before joining the Lubin faculty, Rahman was an adjunct lecturer at Baruch College and served as a consultant at Associated Chemical Industries in Dhaka, Bangladesh.

Tavy Ronen, associate professor of Finance, earned her B.A. in Economics from Wesleyan University, and both an M.Phil and a Ph.D. in Finance from the Stern School of Business at New York University (NYU). Before joining the Lubin School's faculty, Ronen was on the faculties (either permanent or visiting) of Rutgers University, Columbia University, NYU, and the University of Wisconsin-Madison.

Ronen has published papers in refereed journals such as the Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Banking and Finance, and Journal of Financial Markets. She has presented numerous papers at prestigious conferences and invited seminars at top universities in the United States and abroad. In addition, she serves or has served as a referee on the Review of Financial Studies, Journal of Finance, and Journal of Banking and Finance, to name a few. Among her awards and honors, she was the recipient of the Iddo Sarnat Award for Best Paper, Journal of Banking and Finance (1998). Professional memberships include the American Finance Association and the Western Finance Association.

Ahora Disponible en el Español

[Jorge Pinto]
Professor Jorge Pinto, director of the Center for Global Finance, is the director a new collection of Spanish language books on economics and finance that are published under his imprimatur, Jorge Pinto Books, by two leading Spanish-speaking presses, Editorial Oceano de Mexico S.A. de C.V. in the Americas and Turner Publicaciones, S.I. in Spain.

"The idea of this collection is to tap a new breed of readers in the Spanish-speaking world that are interested in following new ideas and trends in economics and finance," states Pinto. "The public that the collection is aiming to attract is made up of professionals in a wide range of fields, mainly non-specialists that are interested in being educated and keeping up to date in the world of business and finance. The authors are well-known economists and academicians, as well as practitioners and business journalists who write for a wide audience. These books can be used in public libraries and universities as support material in business and social sciences schools (they are not formal textbooks)," he continues.

Robert Schiller, Mark Smith, Harold James, Robert Gilpin, and Martin Mayer are among the authors of the series. Four books are already out and four more will be ready for distribution at the end of August 2004. According to Pinto, most of the books include an updated introduction for the Spanish translation, since they were originally published in English.

To read the rest of this issue, please visit www.pace.edu/lubin/elubin/january2004