Faculty Receive Regents’ Teaching Award
Business faculty members Dr. Thomas Cannon, senior lecturer in marketing, and Dr. Richard Utecht, associate professor of marketing, were named recipients of the 2010 UT System Regents’ Outstanding Teaching Award. Only 72 faculty in the UT System were chosen for this award, only nine at UTSA.
Cannon was honored for his creativity in the classroom and his devotion to students through mentoring, internships and independent study. He is a past recipient of the President’s Distinguished Achievement Award for Teaching Excellence and the Dean’s Teaching Excellence Award. He has taught in the college since 1997.
Utecht has taught at the undergraduate, graduate and doctoral level at UTSA since joining the faculty in 1988. He historically receives some of the highest teaching evaluations in the college and throughout the university. He is also a past recipient of the President’s Distinguished Achievement Award for Teaching Excellence and the Dean’s Teaching Excellence Award.
The awards range from $15,000 to $30,000 and are given to faculty members who demonstrate extraordinary classroom performance and innovation at the undergraduate level. Award nominees must demonstrate a clear commitment to teaching and a sustained ability to deliver excellence to the undergraduate learning experience. Evaluations by students, peer faculty and external reviewers considered a range of activities and criteria including classroom expertise, curricula quality, innovative course development and student learning outcomes.
The Value of Teaching
For the first class he taught at UTSA, Ron Sweet gave his students a comprehensive exam that was more than 30 pages long. At the time, he felt like he needed to test them on everything they had covered in class. No more.
“That’s what I love about teaching: I get to start fresh every semester,” he said. Now he might pose only a few essay questions, with at least one as open-ended as “What is the essence of finance?” Finance is a conceptual field, he said, so students have to be willing to do some detective work and be able to handle ambiguity.
Sweet has been able to devote even more time to tweaking his syllabi and challenging his students since retiring from USAA in 2009. He worked for 23 years at the Fortune 500 company, most recently as head of equity investments, where he was responsible for $40 billion in investments.
In addition to teaching four classes each semester, Sweet also serves as faculty adviser for the three-year-old Investment Society. The club, now close to 50 members strong, has been getting some real-world exposure to investing by shadowing Sweet in analysis and research for an equity portfolio of a nonprofit he started. The nonprofit supports two doctors who provide medical services on a Cabecar Indian reservation in Costa Rica.
Sweet also has started microlending in Costa Rica, and his students are helping evaluate those loans.
Add the Investment Society’s three-times-a-week meetings to his courseload, and retirement has been keeping Sweet pretty busy.
“I’ve got all this time now, and I spend most of that time with the students,” he said. “People ask me how many kids I have, and I say, “‘Oh, about 150.’”
Rao Named Director of MBA International Program
Dr. Chino Rao has been named director of the MBA International program. A member of the faculty since 1994, Rao’s responsibilities include recruiting students, setting academic standards, coordinating academic scheduling and developing international relationships within academia and business.
“My goal is to build a culture in which the students are able to generate innovative ideas about global initiatives and have the confidence to undertake the implementation of these ideas,” said Rao.
The College of Business launched the revamped MBA International program this summer. The MBA International program was designed to prepare students for successful careers in international business. This degree is a full-time, lockstep program that is completed in 12 months. The program offers small classes, a globally diverse group of students and studies all international aspects of business.
“Every class in this program is internationally focused and includes an international study abroad project,” said Rao, associate professor of information systems and technology management. “We are looking for students with diversity in ethnicity, education and professional backgrounds.”
Rao holds a doctorate in management science and information systems from the University of Texas at Austin.
Beladi Edits New Journal
Dr. Hamid Beladi, the IBC Bank Senior Faculty Fellow, has been named managing editor of The North American Journal of Economics and Finance. Published by Elsevier, the refereed academic journal publishes high-quality manuscripts in financial economics.
“Given the recent financial crisis, this momentous event collectively calls for innovative new research that will shed valuable light on topics such as financial intermediation and capital markets, the relationship between law and finance, the integration of regional and global financial markets and corporate financial policy,” said Beladi, professor of economics.
“We are well positioned to capture the most interesting theoretical and empirical developments in financial economics. Issues intersecting both economics and finance.”
Beladi has extensive editorial experience, having co-founded and edited the International Review of Economics and Finance for the past 18 years. He will be responsible for ensuring high scientific standards for papers and will oversee the refereeing and selection process for papers submitted to the journal.
New Faculty Join College
Three new tenure-track faculty joined the College of Business in fall 2009. Dr. Rajesh Bhargave, assistant professor of marketing, joins the college after completing his Ph.D. from the University of Pennsylvania. His research interests include consumer behavior and time perception.
In the Department of Management, Dr. Angela Hall has been named assistant professor of management. She previously taught and holds a Ph.D. from Florida State University. A lawyer, she is interested in employee accountability and ethics, workplace civility and legal issues affecting human resource management.
Dr. David Han, assistant professor of management science and statistics, received his doctorate from McMaster University. His research interests include reliability theory and statistical inference.
Management Science and Statistics Conduct Outreach
The Department of Management Science and Statistics hosted two outreach events in the spring. In honor of statistician James Berger, the department hosted a national statistics conference at the UTSA Downtown Campus on “Frontiers of Statistical Decision Making and Bayesian Analysis.”
Dr. Keying Ye, professor of statistics, served on the executive committee for the conference and Dr. Juan Gonzalez, associate professor of management science, was a member of the local host committee.
“We brought in premier researchers in the development and applications of statistical methodologies,” said Ye. “Conference presenters consisted of pioneer researchers in statistics from all over the world including four elected members of the National Academy of Science.” UTSA faculty and students also presented their research at the conference.
The department also hosted a career day for 100 local high school students interested in statistics. The students attended lectures and participated in hands-on statistical activities. They learned about the broad array of statistical careers and heard presentations from biostatisticians, statisticians and actuaries.
“The highlight of the event was to emphasize the importance of quantitative education in everyday life as well as to raise awareness regarding various career opportunities in statistics,” said event organizer Dr. Ram Tripathi.
Dr. Victor De Oliveira, associate professor of management science and statistics, received the Distinguished Achievement Award from the Statistics and the Environment section of the American Statistical Association.
Drs. Cynthia and Mark Lengnick-Hall, professors of management, presented a keynote address titled “Human Relationship Management: A Social Network Perspective on HRM Research” at a conference sponsored by the Copenhagen Business School. The conference brought together international scholars and practitioners for the purpose of presenting research papers and sharing ideas about the application of social network analysis and theory to the field of human resource management.
Dr. Victor Heller, associate professor of marketing, was named president-elect of the Western Social Science Association. The association is committed to multidisciplinary and interdisciplinary scholarship, service and collegiality.
Dr. Lalatendu Misra, chair of the Department of Finance and U.S. Global Investors, Inc. Fellow, was named the president of the Southwestern Finance Association. The association has membership in excess of 500 individuals from all over the world. They support financial research and its dissemination and co-sponsor the Journal of Financial Research.
Dr. Eugene Stone-Romero, professor of management, received the Distinguished Career Award in the Research Methods Division of the Academy of Management. This award is given to recognize a lifelong record of outstanding contributions to research in research methods and statistics.
Your Guess Is as Good as Zillow’s
A research study conducted by Drs. Daniel Hollas and Tom Thomson has found that Zillow.com’s estimates of home values are not any more reliable than owner estimates of value.
Their study, “Zillow’s Estimates of Single-Family Housing Values,” examined how Zillow’s estimates of value, known as Zestimates, compare to actual sales prices. Zillow.com is a website that provides estimated market values for houses. The research was published in The Appraisal Journal’s winter 2010 issue.
The faculty members looked at 2,045 single-family home sales in Arlington, Texas, which was rated by Zillow as having the most accurate data. The study found that 40 percent of the homes in the sample were overvalued by Zillow by more than 10 percent compared to actual sales prices.
“Given these results, homeowners can make good use of Zillow’s Zestimates, but in most cases Zillow should not be relied on to provide an accurate estimate of value,” said Hollas, senior associate dean and professor of economics. “It appears, based on results from prior research and the current results, that homeowners are able to determine the value of their own homes better than an automated system such as Zillow.”
Time Keeps on Ticking
While most people will agree that it feels like time is passing them by, according to marketing assistant professor Dr. Rajesh Bhargave the perception of the passage of time is variable.
Bhargave’s co-authored research in the area of time perception was published in Psychological Science and appeared in The New York Times.
“We looked at why events or activities from the past were perceived as more recent or more distant, even when they occurred at around the same time,” said Bhargave. “Why does the sensation of the passing of time differ?”
According to his research findings, “a time interval that is punctuated by a greater number of accessible intervening events related to the target event [event markers] will make the target event feel more distant.”
For instance, the time since a child’s birth is marked regularly by subsequent, related events such as birthdays and child development. So, the child’s birth would feel more distant when these markers are brought to mind. On the other hand, for events with fewer markers such as the death of a celebrity, the time since the event would have less markers and the event itself would feel more recent.
“Time perception provides a crucial input into consumer’s behavior, and these findings have a direct impact for marketers,” said Bhargave. “By creating event markers for a triggering incident, such as a gift made to a charity, or a visit to a hotel or restaurant, marketers can help determine how consumers perceive the time since the event.”
Faculty Chairs and Fellows
Dr. Frederick Chang - AT&T Distinguished Chair in Infrastructure Assurance and Security
Dr. Dana Forgione - Janey S. Briscoe Endowed Chair in the Business of Health
Dr. Don Lien - Richard S. Liu Distinguished Chair in Business
Dr. David Bojanic - Anheuser-Busch Foundation Professor in Tourism Management
Dr. Lynda de la Viña - Peter Flawn Professor of Economics
Dr. Hamid Beladi - IBC Bank Senior Faculty Fellow in Economics
Dr. Karan Bhanot - U.S. Global Investors Inc. Fellow in Finance
Dr. Palani-Rajan Kadapakkam - U.S. Global Investors Inc. Fellow in Finance
Dr. Lalatendu Misra - U.S. Global Investors Inc. Fellow in Finance
Dr. Yiuman Tse - U.S. Global Investors Inc. Fellow in Finance
Dr. Sharad Asthana - BKD, LLP Scholar in Accounting
Dr. Jeff Boone - Albert Steg Scholar in Accounting
Faculty Receive College Honors
Ten College of Business faculty members were honored for excellence in the areas of teaching, research and service at the College Awards Reception this spring.
Dr. Palani-Rajan Kadapakkam, professor of finance and U.S. Global Investors, Inc.
Fellow E. Lou Curry Teaching Excellence Award
Dr. Allen Zhang, associate professor of marketing.
Dean’s Teaching Excellence Award for Tenure-Track Faculty
Ermine Orta, lecturer in management science and statistics
Dean’s Teaching Excellence Award for Non-Tenure-Track Faculty
President’s Distinguished Achievement Award for Core Curriculum Teaching
Dr. John Wald, professor of finance
Col. Jean Piccione and Lt. Col. Philip Piccione Endowed Research Award
Dr. Ashok Lalwani, assistant professor of marketing
Dean’s Research Excellence Award for Tenure-Track Faculty
President’s Distinguished Achievement Award for Research Achievement
Dr. Keith Fairchild, associate professor of finance
Patrick J. Clynes Service Award
Daniel Tablada, lecturer II in marketing
Dean’s Excellence Award for University Service for Non-Tenure-Track Faculty
President’s Distinguished Achievement Award for Excellence in University Service
Dr. Pamela Smith, associate professor of accounting
Dean’s Excellence Award for Community Service
Dr. Hamid Beladi, IBC Bank Senior Faculty
Fellow and professor of economics
Dean’s Excellence Award for Advancing Globalization
Dr. Jan Clark, professor of information systems
Endowed 1969 Commemorative Faculty Award for Overall Faculty Excellence
Measuring the Educational Process
Accounting faculty members Dr. James Groff and Dr. Pamela Smith argue that public education can be modeled as an industrial process. Their research, published in the Journal of Public Budgeting, Accounting & Financial Management, applies activity-based costing concepts to the educational enterprise.
By measuring and evaluating the costs of educating students, administrators can utilize these findings to achieve greater efficiency in their budgets. The researchers explain that a more efficient system should lead to an increased production of quality students.
“Utilizing these measures can allow for better management of the schools and better school performance assessment,” said Groff. “Policy makers can enhance educational efficiency by obtaining more accurate measures of costs.”
Dr. Sharad Asthana
Professor of accounting
Dr. Jeff Boone
Professor of accounting
Dr. Cheryl Linthicum
Professor of accounting
Dr. John Wald
Professor of finance
Dr. Yinlong (Allen) Zhang
Associate Professor of marketing