Welcome New Faculty
- Nitesh Kumar joined the Department of Finance and Economics as an adjunct professor of economics.
In Memoriam
It is with sadness that we share that Samuel M. Natale, DPhil, has died. Dr. Natale was a management professor in the 茄子视频 Robert B. Willumstad School of Business from 2004 to 2020.
Publications and Presentations
- Charles Richard Baker, PhD, professor of accounting and law, co-authored 鈥,鈥 which was published in Business History. Using archival materials, the authors trace how Michelin combined material care, emotional attachment and symbolic practices to maintain control over its workforce across four periods. The article advances business history debates, first by illustrating how forms of managerial control can survive institutional change by adjusting to new expectations, reconsidering the place of affect, identity and belonging in the history of corporate governance, and second, by offering a long-term perspective on Corporate Social Responsibility (CSR), showing how Michelin鈥檚 paternalism prefigured CSR by embedding social concerns into corporate strategy.
- Yue Han, PhD, associate professor of decision sciences and marketing, co-authored 鈥,鈥 which was published in Technovation. Finding creative solutions to large-scale and complex problems, such as societal challenges, is often hard. Crowdsourcing has emerged as a valuable tool for such challenges, using diverse perspectives from general society to enhance creative problem-solving. The componential theory of creativity highlights creativity-related processes and domain knowledge as key components of creative output. Drawing from this theory, the authors examine how creativity support architectures and levels of task-knowledge intensity influence crowd creativity in crowdsourcing contexts.
- Professor Han also co-authored 鈥,鈥 which was published in Economics Letters. On April 2, 2025, President Donald Trump declared 鈥淟iberation Day鈥 and reshaped the landscape of global trade (Yilmazkuday, 2025a). Tariff policy is once again at the center of economic debate with recent U.S. trade actions showing how shocks to trade policy can spill quickly into capital markets. This study develops a text-based measure of firm-level tariff exposure using the sections on business operations and risk factors in corporate fillings from 2024.
- James Hazy, EdD, professor of management, authored 鈥,鈥 which was published in Administrative Sciences. The notion of charisma has been an important, albeit mysterious, aspect of leadership research for decades. Traditionally, its definition has centered on an individual who, by virtue of possessing certain traits, skills or behaviors, is considered a natural leader. More recently, however, there has been increasing recognition that charisma is an experience that is actually felt by followers, and therefore perhaps the charisma experience could be better understood by taking a follower鈥檚 perspective. This theoretical article addresses this question, taking the perspective of a follower who reports a charismatic experience and asking the following: What are the benefits and risks to the follower who, by assigning 鈥渃harisma鈥 to the influence of another, effectively surrenders a measure of individual autonomy by becoming a follower of a leader? This article uses ideas from mathematical category theory to explore and demystify the notion of charisma in leadership theory and practice.
- Dr. Hazy was also the invited keynote speaker at the in Cincinnati, Ohio. His talk, 鈥淎re you an Appreciator? How Reinforcing Twelve Interactions that Create Social Capital Grows Financial Value in Organizations,鈥 described research conducted during his recent sabbatical. Additionally, he participated in three sessions of the, held in Chicago, Illinois:
- Presented 鈥淗ow Organizations Build Long Term Social Capital Value: The Mechanism of Social Capital Appreciation,鈥 which was nominated for a Divisional Best Paper Award
- Organized and served as panelist for the symposium 鈥淐orruption in the Global Economy at a Tipping Point: How Enhanced Governance, Transparency, and Technologies Can Identify, Measure, and Mitigate Corruption Challenges to the Global Economy鈥
- Presented 鈥淒efining, Measuring, and Assessing the Value of Social Capital to Individuals and their Organizations: The Promise of AI and Other Emerging Technologies鈥 at a symposium organized by Raghida Abdallah Yassine, PhD, assistant professor of management and academic director, MBA Programs. Gita Surie, PhD, professor of management, was also a discussant.
- Hannah Hu, PhD, professor of finance and economics, co-authored 鈥,鈥 which was published in the International Journal of Financial Studies. Episodes such as the dot-com bubble and the 2008 financial crisis have underscored the role of investor sentiment in driving asset prices away from fundamentals. When optimism or pessimism dominates markets, prices may deviate substantially from intrinsic values, and rational investors may be unable to fully arbitrage away the mispricing. While related to firm fundamentals, the Bloomberg Twitter Sentiment Score (a direct and high-frequency measure of investor sentiment toward individual stocks, constructed by Bloomberg from social media content sentiment) contains a substantial non-fundamental component. This article decomposes sentiment into fundamental and pure sentiment and shows that return predictability and reversal are primarily driven by the latter.
- Eunji Lim, PhD, associate professor of decision sciences and marketing, is the sole author of 鈥,鈥 which was published in the Journal of Computational and Applied Mathematics. This paper studies smoothing splines, a method for estimating an unknown curve from noisy data while keeping the curve smooth. Although smoothing splines are widely used and known to perform well overall, it has remained unclear whether they stay accurate near the boundaries of the data, where many methods overfit. The paper proves that smoothing splines are uniformly consistent, meaning they recover the true function everywhere, including at the boundaries, as the sample size grows. This fills a long-standing theoretical gap and confirms that smoothing splines remain reliable across the entire domain.
- Dr. Lim also authored 鈥,鈥 which was published in Mathematics. This paper reviews data analysis methods that help uncover meaningful patterns in complex data while respecting common-sense relationships, such as monotonicity and convexity. By focusing on approaches such as isotonic and convex regression, which improve interpretability and reliability without relying on rigid formulas, the work highlights how these methods support better decision-making across fields like economics, operations and data-driven systems.
- Ganesh Pandit, DBA, professor and chair of the Department of Accounting and Law, authored 鈥,鈥 which was published in the Journal of Accounting and Finance. Much of the research from the 20th century about audit committee effectiveness (ACE) focused on the use of expertise, independence and authority of audit committees (AC), as was summarized in the DeZoort, et al. (2002) study. However, AC members’ independence and AC’s authority are no longer a matter of choice for any company listed in the U.S. securities markets. Also, many non-U.S. researchers have studied ACE over the recent years. This study examines how the measurement of ACE has changed since the DeZoort study for ACs of companies listed in both the United States and abroad.
- Zahra Sedighi-Maman, PhD, associate professor of decision sciences and marketing, is first author of 鈥,鈥 which was published in Risk Analysis. This article presents a data-driven model that integrates perceptual鈥搈otor performance, self-reported symptoms and demographics to help identify athletes at higher risk of both initial and recurrent concussions鈥攁 step toward personalized prevention and safer sports.
- Dr. Sedighi-Maman was also a panelist in 鈥淎I and the Future of Medical Research鈥 at the at New York Medical College. Her presentation, 鈥淐an We Predict Drug Side Effects Before They Happen?鈥 showcased how advanced machine learning models built on FDA adverse drug reaction data, combined with patient demographics and drug characteristics, can predict adverse drug reactions, offering a practical pathway to safer prescribing and supporting clinical judgment.
- Raghida Abdallah Yassine, PhD, assistant professor of management and academic director, MBA programs, participated in the, held in Copenhagen, Denmark. Her involvement included:
- Presenter and discussant for the workshop 鈥淩esilience in the Workplace: Lessons from War Survivors for Leadership and Innovation鈥; discussant for 鈥淔rom the Field to the Classroom: Leveraging AI to Craft Case Studies for Teaching and Research鈥 and 鈥淢anagement Consulting Doctoral Consortium;鈥 and presenter for the paper 鈥淔ostering Resilience: Impact of Transformational Leadership Development on Organizational Commitment鈥
- With facilitators James Hazy, EdD, professor; Gita Surie, PhD, professor; Alan Cooper, PhD 鈥95, clinical associate professor; and Laura Messano, associate teaching professor, all of the Department of Management, was organizer of 鈥淚ntegrating AI in Business Education: Developing Domain-Specific Teaching Strategies鈥
Media Appearances
- Credible, , Robert Goldberg, James F. Bender Clinical Professor of Finance, provides insights on the impact of the pandemic and inflation on interest rates.
- The Hill, , an op-ed by Robert Goldberg, James F. Bender Clinical Professor of Finance, focuses on the impact of federal interest rate cuts.
- MoneyRates, , Rakesh Gupta, associate professor of decision sciences and marketing, shares his tips for avoiding monthly account fees.
- Quartz, , Robert B. Willumstad School of Business Dean MaryAnne Hyland, PhD, provides tips on taking advantage of the holidays while job searching.
- WalletHub, , Ganesh Pandit, DBA, professor and chair of the Department of Accounting and Law, is quoted throughout the piece as an expert on zero-based budgeting.
- GoBankingRates, , Mariano Torras, PhD, professor and chair of the Department of Finance and Economics, shares what he thinks the Trump administration should do in 2026.
- CNBC, , Mariano Torras, PhD, professor and chair of the Department of Finance and Economics, shares his predictions for small businesses in New York City following the mayoral election.
- Newsday, , Mariano Torras, PhD, professor and chair of the Department of Finance and Economics, shares his perspective on the potential impact of higher corporate taxes in New York.
- Newsday, , Mariano Torras, PhD, professor and chair of the Department of Finance and Economics, shares how he thinks these proposals would impact Americans.
- CNBC, , Mariano Torras, PhD, professor and chair of the Department of Finance and Economics, shares his finance and economics expertise in this story.