Whitman Research Newsletter – Spring 2017

The Whitman Research Newsletter highlights awards, honors, new research and more from Whitman’s research faculty. It is published bi-monthly. Send your research inquiries/highlights to Michel Benaroch, associate dean for research and doctoral programs.

Awards and Honors

Erasmo Giambona, the Michael Falcone Chair in Real Estate and associate professor of finance, was named a Fellow of The Risk Institute at The Ohio State University Fisher College of Business, an appointment that comes with a fellowship to support his ongoing research on the “Effects of Supply Frictions on Corporate Risk Management.” In addition, Erasmo’s paper, entitled “Stiffing the Creditor: The Effect of Asset Verifiability on Bankruptcy,” has been featured in the Harvard Law School Forum on Financial Regulation.

Burak Kazaz, Becker Professor of supply chain management and Meredith Professor of Teaching Excellence, along with Scott Webster (Arizona State U., formerly Whitman) and Prashant Yadav (U. of Michigan), received the Wickham Skinner Best Paper Prize in May 2017, the highest research honor awarded by the Production and Operations Management Society, for their published paper “Interventions for an Artemisinin-based Malaria Medicine Supply Chain.”

Fred Easton, professor of supply chain management, and Gary Lapoint, assistant professor of supply chain practice, had their paper chosen as finalist at the Franz Edelman 2017 Award (and as semi-finalist at the Edelman 2016 Award), a prestigious award recognizing academic papers that have the potential for a significant impact on practice. The award was given to a different paper by Scott Webster, a long-time Whitman colleague and friend.

J. Michael Haynie, vice chancellor for strategic initiatives and innovation and member of the entrepreneurship department, and Alex McKelvie, chair and associate professor of entrepreneurship, are two of 39 thought leaders selected to serve on the 2017 CNBC Disruptor 50 Advisory Council; this is Alex’s second year on the council.

Ravi Dharwadkar, chair and professor of management, is coordinator of a Professional Development Workshop at the 2017 Academy of Management Meeting (with David, P.), titled, “Integrating Accounting with Strategy Scholarship: Opportunities for fruitful cross-fertilization.”

Journal Publications

Scott Fay, professor of marketing, and Shawn Lee, Ph.D. ’17, have their paper, “Why Offer Lower Prices to Past Customers? Inducing Favorable Social Price Comparisons to Enhance Customer Retention,” accepted for publication at Quantitative Marketing and Economics.

Randy Elder, professor of accounting, Jian Zhou, Ph.D. ’00 (U. of Hawaii at Manoa), and Fatima Alali, M.S. ’01 (California State U. at Fullerton), have a paper, “An Analysis of Big 4 Pricing and Firm Size: The Differential Impact of Demand and Supply Shocks on Large and Small Clients,” forthcoming in the Journal of Accounting, Auditing and Finance.

Maria Minniti, the Bantle Chair of Entrepreneurship and Public Policy, has a paper, “Enhancing Product Market Access: Minority Entrepreneurship, Status Leveraging, and Preferential Procurement Programs,” accepted for publication in Small Business Economics Journal (with Shelton, L.).

Alex McKelvie, chair and associate professor of entrepreneurship, Johan Wiklund, the Al Berg Chair in Entrepreneurship, have a paper, “Externally acquired or internally generated? Knowledge development and perceived environmental dynamism in new venture innovation,” forthcoming in Entrepreneurship Theory & Practice (with (Brattström A.). Alex also has a paper, “Financial literacy, role models and micro-enterprise performance in the informal economy,” accepted at the International Small Business Journal (with Engström, P.).

Ravi Dharwadkar, chair and professor of management, Linna Shi, Ph.D. ’ 11 (U. of Cincinnati), have a paper, “The governance transfer of blockholders: Evidence from block acquisitions and earnings management around the world,” published in Journal of Corporate Finance, 45: 586-607, 2017 (with Dai, L. and Zhang, B.).


The marketing department hosted the 2017 BBCRST Conference May 5. Participants came from business schools around the region, including: Binghamton University, SUNY Buffalo, Cornell University, the University of Rochester and the University of Toronto.

The entrepreneurship and emerging enterprises department hosted the Great Lakes Entrepreneurship Network (GLEN) Conference May 18 through 20.

The supply chain management group hosted the Fourth Annual Continuous Improvement Conference Mar. 23 through 24. Held jointly with the University of South Carolina, this year’s conference theme was “Achieving Supply Chain Excellence through Continuous Improvement.” Pat Penfield, professor of supply chain practice, coordinated the conference. Sponsors were the Central New York APICS chapter and the Robert H. Brethen Operations Management Institute.


Todd Moss, assistant professor of entrepreneurship, has been invited to join the board of the Journal of Business Venturing.

Alex McKelvie, chair and associate professor of entrepreneurship, has been invited to continue serving on the editorial board of Journal of Management.

Michel Benaroch, associate dean for research and Ph.D. programs and professor of MIS, is in the top 10 percent of authors on SSRN by total new downloads within the last 12 months (June 20, 2017), and has a recent paper in the top 10 downloads for all papers first announced in the last 60 days in Financial Engineering eJournal (May 19, 2017).

Ph.D. Corner

Wei Yu, 4th year Ph.D. student in entrepreneurship, has her paper, “Impulsivity and Entrepreneurial Action,” accepted at Academy of Management Perspectives (with Johan Wiklund and Holger Patzelt).

Greg (Gokce) Serdar, Ph.D. ’17 in management, has a paper, “Firm Ownership and Corporate Social Responsibility: ‘Are All Politics Local?’” accepted for publication in the 2017 Academy of Management best paper proceedings (with Pamela Brandes and Ravi Dharwadkar).

Kris Herman, Ph.D. student in finance, has his paper, “Separable Covariance Matrices and Kronecker Approximation,” accepted in the International Conference on Computational Science (ICCS2017), Zürich, Switzerland, June 12 through 14 (with Raja Velu).

Several Ph.D. students in entrepreneurship presented at the Great Lakes Entrepreneurship Network (GLEN) meeting May 18 through 20:

  • Wei Yu – “ADHD symptoms, entrepreneurial orientation (EO) and firm performance”
  • Almantas Palubinskas – “Distorting the nature of innovation”
  • James Bort – “Growing firms, happy employees? The influence of new venture growth on employee well-being”
  • David Lucas (visiting from George Mason) – “The diffusion of social innovation: Homeless services in the United States, 2007-2016”

An update on graduating Ph.D. students who have accepted positions to start in Fall 2017:

  • Greg (Gokce) Serdar is joining the management department at Minnesota State University (advisor, Kira Reed).
  • Cong Feng is joining the marketing department at the University of Mississippi (advisor, Scott Fay).
  • Omar Watts is joining the accounting department at St. John Fisher College (advisor, Randy Elder).
  • Herman Krzystztof (Kris) is joining KPMG in New York City (advisor, Raja Velu).
  • Eun Jeong Ko (E.J.) is joining the management and entrepreneurship department at Fairleigh Dickinson University (advisor, Johan Wiklund).
  • Seung Hwan Lee has joined the department of business administration at Ajou University in South Korea (advisor, Scott Fay).
  • Chong Kyoon (C.K.) is joining the management department at James Madison University (advisor, Johan Wiklund).

Several Ph.D. alumni had recent publications in top journals:

In the News

Johan Wiklund, Al Berg Endowed Chair and professor of entrepreneurship, was featured in a MyScience.org story on his research, “Harnessing ADHD for Business Success.” (March 9, 2017).

Burak Kazaz, the Steven R. Becker Professor of Supply Chain Management, had his work featured in a Forbes article, “A New Study Encourages Wine Distributors To Look Into The Future’s” (April 23, 2017).

Amanda Nicholson, professor of retail practice and associate dean of undergraduate programs, was quoted in a Forbes story, titled “Retail Check Up: Sears” (March 31, 2017). Amanda was also quoted in a CNN Wire story,“Department stores have lost more jobs than coal mines” (May 14, 2017) and CBS News for the story, “These retailers are proving to be ‘un-Amazonable”(May 18, 2017).

John Petosa, professor of practice, was quoted in a U.S. News & World Report story, titled “Should You Use Your Retirement Savings to Start a Business?” (June 20, 2017).

Research Speakers and Visitors

Darren T. Roulstone, from Ohio State University, presented an accounting seminar, “Are Investors Influenced by the Order of Information in Earnings Press Releases?” April 28, 2017.

Rob Mitchell, from Ivey Business School at the University of Western Ontario, presented an entrepreneurship seminar April 12, 2017.

Gilles Hilary, from Georgetown University, presented an accounting seminar, “Limited Attention and Saliency: Executive Value and Social Media Activity,” April 21, 2017.

Hyungshin Park, from Southern Methodist University, presented an accounting seminar, “The Incentive Effect of Relative Performance Evaluation on Early Option Exercise Behavior,” March 24, 2017.

Tyler Wry, from the Wharton School at the University of Pennsylvania, presented an entrepreneurship seminar, “Getting in the Set: The Counter-Intuitive Effects of Socially Responsible Investment in Global Microfinance,” March 8, 2017.