**Enron whistleblower Sherron Watkins speaks at Haas this Thursday, January 30, at 5:00 p.m., in the Arthur Andersen Auditorium. Seats are available on a first-come, first-served basis. Doors will open at 5:00 p.m.**
Trustees of the World Affairs Council of Northern California unanimously elected Haas School Dean Tom Campbell chairman of the board last week.
Headquartered in San Francisco, the World Affairs Council of Northern California works to engage the public in the exploration of international issues. Since 1947, the council has provided a forum for the open discussion of global affairs with heads of state, policymakers, business leaders, scholars, and authors from around the world. For more information, visit the council web site at www.itsyourworld.org.
Campbell succeeds William H. Draper III, general partner and co-founder of Draper Richards L.P., a venture capital firm based in San Francisco. Draper will remain on the council board's executive committee as immediate past chairman. "Tom Campbell has long been engaged in international issues, and he has a deep understanding of the practical implications of the policy choices Americans face. He is uniquely qualified to lead the council," said World Affairs Council president and CEO Jane Wales.
"While in Congress and as a constitutional law professor at Stanford, Tom emerged as one of the country's foremost experts on the War Powers Act. His interests span issues of corporate governance, corporate social responsibility, and the legal ramifications of prosecuting the war on terror. Much of the council's programming has focused on the issues at the intersection of international policy and business practice. No one is better qualified to lead this discussion than Tom Campbell," said Wales, a former senior director of the National Security Council and the White House Office of Science and Technology Policy.
At the council's board meeting, trustees and staff welcomed Campbell and paid tribute to Draper for his two and a half years as chairman of the board. Fellow board member A.W. (Tom) Clausen, former chairman and CEO of Bank of America and president of the World Bank, and a member of the Haas School Advisory Board, commented, "It's very impressive to see this caliber of leadership heading a nonprofit. Companies would fight to have Bill or Tom advise them. The council is fortunate, but it also speaks to the strength and unlimited potential of our organization."
Sherron Watkins, the Enron "whistleblower" named one of Time Magazine's "People of the Year" for 2002, will deliver the fifth annual Peterson Business Ethics Lecture at the Haas School this Thursday, January 30, at 5:00 p.m. in the Arthur Andersen Auditorium.
The former Enron vice president, who today lectures about ethics and improvements in corporate governance, advised top company officials about an elaborate accounting hoax within the energy firm in August and October of 2001. The company ignored Watkins' warnings and filed for Chapter 11 in December 2001. Watkins later testified before Congress about Enron's accounting irregularities.
The Peterson Ethics Lecture series is being sponsored by the Haas School's Center for Responsible Business, previously known as the Socially Responsible Business Leadership Initiative. Created in fall 2002 in response to the widening ethics scandals in corporate America, the center coordinates the Haas School's teaching, research, and public service activities in the areas of corporate social responsibility, ethics, social entrepreneurship, philanthropy, and environmental management.
Berkeley MBA students Amir Sharif-Homouyon, MBA 03, and Pramod Srivatsa, MBA 03, shared the first annual Gloria Appel Fellowship for Outstanding Leadership in Entrepreneurship awarded by the Lester Center for Entrepreneurship & Innovation.
Carley Broder, daughter of Gloria Appel, who is the late president of the Price Institute for Entrepreneurial Studies, presented the award at the Berkeley Entrepreneurs Forum on Thursday, January 23.
The winners were recognized for their leadership on several fronts. Sharif-Homouyon, an Entrepreneurs Association (EA) officer, was instrumental in promoting collaborations between the EA, the UC Berkeley Business Plan Competition Committee, and VERTEX (the engineering entrepreneurship club). He also co-founded the Berkeley China Project to study high-tech business in China.
In addition to serving as an officer in the Entrepreneurs Association, Srivatsa strengthened the membership and vision of the Partners for Entrepreneurial Leadership (PEL), an innovative training program run by MBA students that places students with high-tech companies for summer internships.
The award is funded by an endowment from the Louis and Harold Price Foundation in honor of Gloria W. Appel. The award, a $5,000 fellowship, is presented to an MBA candidate who has made an extraordinary contribution to the entrepreneurship program at Haas. The criteria for the award are based on Gloria Appel's passion for students and the refreshing ideas that they have consistently brought to the entrepreneurship program.
Every summer, a select group of Berkeley MBA students join some of the top venture capital firms in the country for an intensive internship through the Venture Capital Fellowship program sponsored by the Lester Center for Entrepreneurship & Innovation.
The Venture Capital Fellowship is now accepting applications from Berkeley MBA students. Applicants must be first-year Haas MBA candidates or enrolled in the Evening and Weekend MBA program with at least one year of study remaining. Students must apply to the program by January 31, 2003 for consideration.
Since 1997, the Lester Center has run this program that introduces chosen fellows to participating venture capital firms. Past participants include Morgan Stanley Venture Partners, US Venture Partners, Hummer Winblad, and Sevin Rosen Funds.
In a highly competitive process, applications are judged by a panel named by the Lester Center. All finalists receive a $1,000 fellowship, which is supplemented by salary from the venture firms. Finalists are introduced to representatives of the host firms beginning in March. Interns and their hosts are honored at the annual Lester Center dinner in May.
The Venture Capital Fellowship program is administered by the Lester Center as part of its Harold Price Program in Entrepreneurial Leadership and is underwritten by a grant from The Price Institute for Entrepreneurial Studies.
For more information, visit http://www.haas.berkeley.edu/groups/lester/venture.html
The Center for Financial Reporting and Management (CFRM) at the Haas School is offering a seminar for undergraduate students interested in accounting aimed at improving their resume writing, interviewing, and job-hunting skills to prepare them for the recruiting process.
ACES-- A Career Enhancement Session -- will be presented by CFRM's sponors Deloitte & Touche, KPMG, and PricewaterhouseCoopers, to the undergraduate community on February 4 from 5:00 to 7:00 p.m.
The session is open to all undergraduate students at Haas and UC Berkeley who have an interest in accounting. Registration is required and space is limited. The event is free and pizza and drinks will be served.
Admission will be on a first-registered, first-admitted basis. To register send an e-mail to Dayna Haugh, manager of CFRM (email@example.com). For further information, visit http://www.haas.berkeley.edu/accounting/students/ACES2003/.
This year's winners of California Management Review's annual Accenture Award for best article are Stanford professors James N. Baron and Michael T. Hannan for their article, "Organizational Blueprints for Success in High-Tech Start-Ups: Lessons from the Stanford Project on Emerging Companies," (Vol. 44, No. 3, Spring 2002).
Since 1983, the California Management Review has recognized an article from each year that made the most important contribution to the practice of management.
Baron and Hannan, both of whom are on the faculty of the Stanford Graduate School of Business, will be invited to the Haas School to present a public lecture based on their award-winning article. Details for the talk will be announced at a later date. The award carries with it a cash prize of $2,500.
Baron is the Walter Kenneth Kilpatrick Professor of Organizational Behavior and Human Resources, and Hannan is the Stratacom Professor of Management in the Business School and professor of sociology at Stanford.
The final decision was made by a panel of five distinguished executives: Arun Sarin, CEO of Accel-KKR Telecom and soon to be CEO of Vodafone; Nancy K. Lusk, co-chairman of the Lusk Company; J.P. Montoya, president for global snacks & beverages and Latin America at Procter & Gamble Co.; Barbara Desoer, consumer products executive for Bank of America; and Stephen B. Herrick, president of Continental Capital Corporation.
The Sherron Watkins talk, scheduled to take place on January 30 at Haas, was featured in the East Bay Business Times on January 24 in the article, titled "Enron Whistleblower Speaks at Haas." Read the full article at http://eastbay.bizjournals.com/eastbay/stories/2003/01/20/daily57.html.
Former dean Laura Tyson was mentioned in the Financial Times on January 24 in an article about the need to encourage non-executives to serve on corporate boards. Read the full article at http://news.ft.com/servlet/ContentServer? pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1042491195727.
Terrance Odean, assistant professor in the Finance Group, commented on the volume of "sell" ratings on stocks in the National Post and Dow Jones News Service on January 24 in the article, "Analysts' 'sell' ratings rise, but real warnings still scarce: News arrives too late."
Articles on Dean Tom Campbell being elected chairman of the board of the World Affairs Council of Northern California appeared in the following new sources:
David Aaker, emeritus professor of marketing, remarked on companies' use of the Internet and websites in Marketing on January 23 in the article titled "Traditional firms must not waste web opportunity."
Hsui-Mei Ho, MBA 88, has been appointed senior portfolio manager of First State Investments. The story ran in Financeasia.com (Hong Kong) on January 23 in the article, "First State Investments expand its Asian equities team." Read the article at http://www.financeasia.com/articles/ E56FF76A-28FD-11D7-81F30090277E174B.cfm.
Research by Janet Yellen, the Eugene E. and Catherine M. Trefethen Professor of Business Administration, and George Akerlof, professor of Economics, was cited in an article in Yahoo! News on January 22. The article titled, "Failed Promises of Abortion" referred to Yellen and Akerlof's analysis of the effects of abortion rights on men's and women's expectations about male responsibility in the event of pregnancy. Read the full article at http://story.news.yahoo.com/news? tmpl=story2&cid=115&ncid=742&e=6&u=/030123/105/33lcn.html.
Research by Terrance Odean on investor behavior was highlighted in The Sydney Morning Herald on January 22 in an article titled "Money- Dollars & Sense."
Severin Borenstein, the E.T. Grether Professor in Public Policy and Business Administration, commented on the new "code-sharing agreement" among Delta, Continental, and Northwest in the following news sources:
Laura Tyson was mentioned in the Daily Mail (UK) in the article, "Higgs calls for blast of fresh air in Britain's boardrooms." The article, which ran on January 21, stated that Tyson will carry out further work on recruiting people from the public and charitable sector.
Ken Rosen, the California State Professor of Real Estate and Urban Economics, was featured in the National Mortgage News on January 20 in the article, "Berkeley Economist Foresees Another Dip into Recession in '03."
Dean Tom Campbell commented on the federal appeals court ruling on an antitrust case in Bettendorf News (IA) and Canton Repository (OH) on January 19 in the article titled "Vitamin makers lose in antitrust battle." Read the full article at http://www.qctimes.com/internal.php? story_id=1006594&t=Business&c=31,1006594.
Janet Yellen commented on the possibility of Peter Fisher as the first choice for successor to Federal Reserve Bank of New York President William McDonough in the Wall Street Journal. The article, titled "The Economy: New York Fed Chief to Retire, Creating Critical Vacancy," ran on January 17.
David Aaker was quoted in USA Today on January 15 in an article about increasing fees for airline customers. Read the full article, titled "Airlines pile on fees to boost revenue," at http://www.usatoday.com/travel/news/2003/2003-01-15-stealth-fees.htm.
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