Jonathan Berk, the Harold Furst Associate Professor of Management Philosophy and Values, has won a $10,000 prize from the International Center for Financial Asset Management and Engineering (FAME) for his paper titled, "Mutual Fund Flows and Performance in Rational Markets." In the paper, Berk and his co-author Richard Green, professor at Carnegie Mellon University, develop a simple rational model of active portfolio management that provides a natural benchmark against which to evaluate the observed relationship between returns and fund flows. The FAME Research Prize is awarded each year by FAME’s scientific council to an outstanding working paper in financial asset management or financial engineering.
Jennifer Chatman, the Paul J. Cortese Distinguished Professor of Management, gave an invited talk at the Economist magazine’s second annual Innovation Awards and Summit: Making Innovation Count on September 23. She spoke on "Fostering Innovation: People and Organizations."
Former Dean Raymond Miles was honored at the second annual Young Entrepreneurs at Haas reception on September 17 for his enduring commitment to reaching out to underserved youth in the Bay Area. In 1989, while dean of the Haas School, Miles helped to initiate this outreach program and has continued to play a key role in advising and supporting the program by sharing his deep knowledge of business, management, and education.
Karlene Roberts, professor in the Organizational Behavior and Industrial Relations group, briefed the House Science Committee and Subcommittee on Space at the US House of Representatives in September in preparation of the testimony of Admiral Gehman, chairman of the Columbia Accident Investigation Board (CAIB). Prof. Roberts previously testified before the CAIB on the impact of management factors on the shuttle accident.
Pablo Spiller, the Jeffrey A. Jacobs Distinguished Professor of Business & Technology, has been named as a research associate for the National Bureau of Economic Reseach (NBER). NBER, founded in 1920, is a private, nonprofit, nonpartisan research organization.
David Teece, the Mitsubishi Bank Professor of International Business and Finance and director of the Institute of Management, Innovation, and Organization, was awarded the annual Viipuri Prize in Strategic Management by Lappeenranta University in Finland on September 3, 2003. At the award ceremony, Teece was commended for his outstanding analysis of crucial management problems and his pioneering contributions to the study of technology and innovation management. The prize carries a monetary award of 10,000 euros.
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