Beruflich Dokumente
Kultur Dokumente
and Mary Jo
Boler School of Business
Annual Report
2008/09
A Message From the Dean
In this era of Ponzi schemes and unprecedented corporate bailouts followed by record
year-end bonuses, it is more important than ever to impart ethical business practices
to rising generations of students.
Faculty and staff at the John M. and Mary Jo Boler School of Business strive to
develop and motivate tomorrow’s leaders through educational excellence in the Jesuit
tradition. In fact, one of our core values is to nurture the “intellectual, personal, and
moral development of each student and inspire each to become a person for others.”
We pride ourselves on preparing men and women who make a difference and become
leaders in the business world.
John Carroll students who want to start their own business someday now have a minor
in entrepreneurship to help them chart the course. The minor was established through
the efforts of faculty from the Boler School and the College of Arts and Sciences, and
with input from members of the Entrepreneurs Association at John Carroll’s Muldoon
Mission Statement: Center for Entrepreneurship. The University also introduced a living/learning option
The Boler School of Business called Entrepreneurs House for incoming freshmen interested in living with students
develops and inspires who share their enthusiasm for starting a business. For more on these and related
tomorrow’s leaders through ventures, turn to page 7.
educational excellence in the
Jesuit tradition. Intellectual Capital and Strategic Alliances
I am especially proud to highlight Boler’s “strategic alliances” here and abroad,
Vision Statement: including our very popular London program, on pages 10-21. Our outstanding students
To be recognized as one of and faculty are showcased as “intellectual capital” on pages 22-35 and include our
the best Catholic business award-winning Students in Free Enterprise (SIFE) team, as well as faculty members
schools in the country through recognized regionally and nationally by their peers.
developing outstanding, socially
responsible leaders. As we start a new decade, we have many exciting initiatives in process and under
consideration. Visit www.jcu.edu/boler to stay current, connected, and to learn more
about how we are enhancing the reputation of the Boler School and increasing the
value of your degree. Your feedback is important to us and we look forward to hearing
how you’re making a difference.
2
6 New MBA
7 Entrepreneurship
Innovations PAGE
8 Immersion Experiences
12 SIFE
13 Community Outreach
14 London
Strategic
15 Rouen
16 Croatia
18 Partnerships
19 Events
Capital 26 Competitions
27 Awards
28 Faculty Promotions
and Appointments
29 Faculty Honors
30 Student Honors
4
Innovations
and Initiatives
The Boler School of Business celebrated
several new start-up ventures in 2008
and 2009, including a new and improved
MBA; a minor in entrepreneurship and
other door-opening opportunities for
aspiring student entrepreneurs; and
new courses in math and marketing.
5
Innovations and
Initiatives
STUDENTS
participated in 2008’s pilot class
making and analytical modeling. Subsequent
courses include decision making centered on
information analysis and innovation generation,
for the new Integrated Business planning and forecasting innovations, resource
Decision MBA. planning, and implementation of projects and
programs.
The curriculum also includes “real-world” problem solving for Cleveland-area companies.
Students present their solutions to the companies at the end of the semester.
6
Entrepreneurship
2008/2009
Calling all aspiring entrepreneurs
Reality Bridge is unique in two ways. First, the program does not rely on a business
plan as its principal decision vehicle. This approach allows students from the College
of Arts and Sciences—typically unfamiliar with business plans—to participate and bring
their unique skill sets to the program. Second, the business idea does not end with the
feasibility study, but rather the start up of a viable, operating business is the goal.
7
Innovations and
Immersion
Initiatives
Summer in Ghana
The life-changing Ghana Summer Institute introduces participants through cultural
immersion to the history and culture of Ghana, and to the developmental challenges faced
by this West African nation located just a few degrees north of the Equator. Lectures at the
University of Ghana in Accra and amazing field trips to various parts of the country allow
participants to learn about the socio-economic development of post-colonial Ghana and
to see first-hand the enormity of socio-economic problems there. The Institute, started in
summer 2006, takes place every other year. The program was developed through the joint
efforts of Walter Simmons, Ph.D., chair, Department of Economics and Finance, and Komla
Aggor, Ph.D., former chair, Department of Classical and Modern Languages and Cultures
(now at Texas Christian University) who earned his undergraduate degree with honors
at the University of Ghana. Jim Martin, Ph.D., associate dean in the Boler School, joined
program coordinators and students on the 2008 summer trip.
Another group of students and Karen Schuele, Ph.D., dean of the Boler School, spent a
week in El Paso, Texas, in late spring 2009, to learn about U.S.-Mexican border issues.
The group lived at a shelter for immigrants, which provided a rare opportunity to learn
directly from shelter residents about immigration and other issues. Program coordinators
arranged meetings with a border patrol officer, a Drug Enforcement Administration agent,
an immigration attorney, and an advocate for immigrant farm workers. The JCU group
also took a day trip to Juarez, Mexico, providing the students with a broad overview of
border issues.
8
Taking Care of Business
2008/2009
— from first-years to post-grads
50%
quantitative needs of our students as
they pursue business careers. year opportunity, as evidenced by a 30
percent and 50 percent increase in the
2008 and 2009 classes, respectively.
INCREASE
in the 5th Year MBA enrollment
9
“Alliances have become
an integral part of contemporary
strategic thinking. ”
—Fortune Magazine
10
Strategic Alliances
London, Croatia, New York, and Zaire—
Boler programs and activities in these
and other far-flung and diverse locales
afford our students and faculty amazing
opportunities to experience the world
and share Boler best practices.
11
Strategic
Alliances
12
Community Outreach
2008/2009
Boler committed to community outreach
60
• Assist in set up and meal
preparation for the Labre Project’s
annual picnic for the homeless in
downtown Cleveland.
• Host a group of students from the
Thea Bowman Center on campus
to enjoy an afternoon of games,
magic, chemistry demonstrations,
and friendship.
• Organize boxes of food at the
Cleveland Food Bank for delivery to
families in need.
TA X PAY E R S •
Provide conversation and
companionship to residents of
were assisted during IRS’ Volunteer Brendan Manor, an assisted-living
Income Tax Assistance program facility.
sessions held on campus.
13
Strategic
Alliances
Some students chose to stay exclusively in London to become more familiar with the city.
Others took advantage of the close proximity to France, Italy, Greece, and Spain. Students
also participated in a five-day trip to Brussels with Andreas Sobisch, Ph.D., director of the
Center for Global Education. In Brussels, students met with representatives of NATO,
the European Parliament, and the European Commission.
Coincidentally, Lady Sophie Laws, dean of the Regent’s American College, held the
Tuohy Chair in Religious Studies at John Carroll in the late 1980s.
28STUDENTS
participated in the
2009 Boler London
Program
14
2008/2009
The French Connection
The Boler School and the Rouen Business School (RBS) in France recently agreed to
develop an exchange program between the two schools. Program particulars are in
the works and the first student exchanges are expected in fall 2010. Boler Dean Karen
Schuele, Ph.D., and Assistant Dean Laura Atkins participated in the International Panel
2
and Conference hosted by the French business school in spring 2009, which helped
pave the way for the new program.
The RBS undergraduate business program requires its students to complete a six-month
internship in a non-French speaking country. It also requires RBS students to study
abroad for one year of their four-year program. At the end of their internships, each
student prepares a written report and oral presentation, both in English, on a business
issue faced by the organization where they interned. They must include suggestions for
ways to address the issue. The written report is reviewed and assigned a ranking by a
panel of faculty and administrators from across the globe.
SCHOOLS
The Boler School has developed
an exchange program with
Rouen Business School.
15
Strategic
alliances
Dr. Bloom taught International Accounting, the capstone course in accounting in ZSEM’s
MBA program, an elective course in the Boler School’s MBA and MS Accountancy
program.
16
2008/2009
Finance Association Trip to NYC
Thirty students from the Finance Association traveled to New York City in late January
2009. The group, accompanied by faculty members, Frank Navratil, Ph.D., and Gary
Porter, Ph.D., visited KPMG where they were hosted by Bob Clair ’77 and Curtis Watkins
’06. They also visited the headquarters of Bloomberg, where they were hosted by Julie
Waring ’07. They toured the
New York Stock Exchange
and were given a detailed
account of the recent
financial crisis by alum Eric
Badger ’01 at The Bank of
New York/Mellon. They
finished the trip with a visit
to the advertising firm,
Interpublic Group, hosted
by John Cunningham
’76 and attended a
reception with 40 alumni
at the Trattoria Dell’Arte
restaurant.
The trip, which was planned and conducted by Finance Association members, has
alternated between New York City and Chicago in recent years. It is an opportunity
30
for students to visit major financial institutions, listen to JCU alumni describe their job
experiences, see how their finance coursework is applied in the working world, and
network with JCU alumni.
STUDENTS
received VIP tours from JCU alumni in New
York City at KPMG, Bloomberg, the New York
Stock Exchange, Bank of New York/Mellon,
and Interpublic Group (advertising), then
shared stories with JCU alumni at a reception
in January 2009.
17
Partnerships
Strategic
Alliances
18
Events
2008/2009
Attract hundreds to campus
19
Strategic
Alliances
Immersion Week
John Carroll hosted 2008 Immersion Week activities sponsored by the Entrepreneurship
Education Consortium (EEC). The EEC is a group of nine colleges and universities in
Northeast Ohio that promotes entrepreneurial education. EEC’s goal is to encourage
entrepreneurial-minded students to remain in Northeast Ohio after graduation and
grow new business ventures. Students involved in EEC note how encouraged they are
when they see students from other schools with a passion for entrepreneurship.
20
2008/2009
CNN Contest Winner
When CNN announced its iReport Film Festival: Campaign 2008! contest, Franco
Carapellotti ’10, a Boler School management major, knew he and his high school friend,
Zach Hawrot, were up for the challenge. Franco and Zach, amateur filmmakers since high
school, created and starred in The Electoral College: Barack Obama and John McCain
College Roommates, a short political satire film that depicts the 2008 presidential
candidates as college roommates. The film ultimately won the CNN Audience Award,
landing the budding filmmakers an all-expenses paid trip to help cover the presidential
inauguration with CNN. While in Washington, Franco was able to participate in many
of the inaugural festivities and meet with numerous CNN personalities. In addition,
Franco’s short film was featured on multiple CNN broadcasts.
21
“It has become obvious that the real value of … companies cannot be
determined by only traditional accounting measures. The worth of an
Intel or Microsoft lies not in bricks and mortar, or even in inventories,
but in another, intangible kind of asset: Intellectual Capital.”
—Leif Edvinsson and Michael Malone, Intellectual Capital: Realizing Your
Company’s True Value by Finding Its Hidden Brainpower
22
Intellectual Capital
“People are our greatest asset” is a
phrase you will see time and again in
annual reports and on organizations’
websites worldwide. The Boler School
of Business is no exception: People are
our greatest asset, too. In the pages
that follow, you will see how the Boler
community of students, faculty, staff, and
alumni continues to make us proud.
23
Intellectual
Capital
24
2008/2009
Accountancy Graduates: High Achievers on CPA Exam
Students from the Accountancy program in the Boler School have once again
demonstrated why public accounting firms clamor to hire them. JCU graduates ranked
10th nationally on passing the Audit section of the exam for first-time candidates with
advanced degrees. The findings are detailed in a 2009 report by the National Association
of State Boards of Accountancy (NASBA), which documented the pass rates for CPA
candidates who took the exam in 2007. In addition, our students ranked #1 in Ohio on
both the Financial Accounting and Reporting, and Regulation sections.
38
Mike Kawkabany* Camila Negret
Alan Keener* Matthew Pinto
James Kerekes* Sammar Sharbek
Jennifer Kotik Constantinos Tsatiris
John Meilinger Jill White
Daniel Moschetta*
Peter Niro*
Samuel Pitts*
Kevin Sibly
Jennifer Suplita
Aaron Syguda
Joseph Teets
*Initiated as a Junior
STUDENTS
were inducted into Beta Gamma Sigma
25
Intellectual
Boler Students
Capital
4
practice using former cases and to get
extra instruction from Department of The students conducted expert
Accountancy faculty. While the team’s interviews, focus groups, and survey
efforts did not result in an invitation to research with nearly 300 students, to
participate in the national competition, explore attitudes about binge drinking,
the students found the competition and measure the effectiveness of their
was a great opportunity to put their tax team’s creative approach.
knowledge to the test. It was the 17th
year John Carroll participated in this The Boler team faced off against nine
event. teams and travelled to Charleston,
West Virginia, to present to a panel
of judges/marketing professionals.
Presenters, all from the Class of 2009,
Meagan Gambone, Meredith McKay,
Levio Baldarelli, Angela Allman, Mike
Gross, and Katie Weppner, were
supported by the efforts of 18 additional
Boler School students, who handled
research, creative, integrated marketing
communications, media planning, and
promotions.
STUDENTS
participated in the Deloitte Tax
Case Study regional competition.
26
Awards
2008/2009
Celebrate Boler faculty locally and regionally
advisor for the student SIFE team (see profession and excels in educating
related story, page 12). According to future accounting professionals. Prof.
students, among his many attributes is Weinstein joined John Carroll in 1979, and
his “enthusiasm for the course material teaches financial accounting, accounting
and his ability to engage the students theory, and tax. He has served on a
through active learning.” number of committees for the American Welki
Accounting Association and the Ohio
Society of CPAs, is a board member for
several Greater Cleveland not-for-profits,
Welki Wins and, for many years, has served as John
Wasmer Award Carroll’s coordinator for its efforts on
behalf of low-income taxpayers through
Andrew Welki, Ph.D., associate the Volunteer Income Tax Assistance Hauserman
Promotions
Department of Accountancy
Albert Nagy, Ph.D., promoted from Associate Professor to Nagy
Professor
Gerald Weinstein, Ph.D., promoted from Associate
Professor to Professor Weiss
Appointments Simmons
Facca
New Hires
Department of Accountancy
Tomlinson
Patti Weiss, Visiting Instructor
Mariah Webinger, Ph.D., Assistant Professor
Department of Management, Marketing, and Logistics Gao
Miguel
28
2008/2009
Faculty Honors
In order to recognize and reward outstanding achievement
by the Boler School of Business faculty, two special
designations were established in 2008, Mulwick Scholars
and Wasmer Fellows. Mulwick Scholars are so designated in
recognition of a history of consistent, high-quality research
productivity, and anticipated future superior research
output. The Mulwick Scholars program is funded through
a generous gift from the estate of Andrew Mulwick ’42.
Faculty selected as Wasmer Fellows have demonstrated
a consistent history as a contributing citizen of the Boler
School of Business and John Carroll University communities
through their performance in the areas of teaching, research,
and service. The Wasmer Fellows Program is funded by an
endowment from the late Jack Wasmer ’45.
Mulwick Scholars
Wasmer Fellows
29
Intellectual
Student Honors Cleveland Public Accounting Firms
Awards
Capital
Jessica Sindelar
Joseph Teets
Scholarships
Clifford Scholarship in Finance
Patricia Relyea Boland/Ernst & Young Jill White
Scholarships
Christine Briercheck Ciuni & Panichi Firm Award
Annamaria George Julia Britten
Caitlin Gorie
Christine Kuilder Cohen & Co. Award
Kelly Lucas Brittany Oliveri
Shaylyn Mahoney David M. Benacci Award for Promising
Julie Marlowe Investment Managers
Tareyn McKenzie Andrew Marusic
Allison Meglich
Camila Negret Deloitte & Touche Alumni Awards
Colleen Stanard Michael Pryslak
Jill White Vincent Tarantino
Constantinos Tsatiris
School of Business 50th Anniversary
Scholarships Ernst & Young Awards
Adam Day Kelly Patch
Matthew Despoth
Carmen Labbato Francis McGurr 5th Year Accounting
Zoran Miling Scholarship
Jason Miller Carl J. Blankschaen
Matthew Pinto
George Goodrich 5th Year Accounting
Ernst & Young Awards Scholarship
Bryan Gacka Joshua S. Brabbins
Outstanding Senior Award Patrick J. Ramella
30
John Willkomm 5th Year Accounting Awards
2008/2009
Scholarship
Scott C. Dobos Economics Achievement Award
Douglas J. Walton
Joseph Bombelles Award for
Achievement in International Financial Executives Institute Award
Economic Studies Daniel J. Moschetta
Zachary Walker
Finance Faculty Student Service
KPMG LLP Awards Award
Joseph DiFranco Christina Ely
Scott Matthews Jason Javers
Thomas Schaberl
John Marshall Gersting Award
Lubrizol Corporation Award Douglas J. Walton
Sara Culhane
Kelly Lucas Omicron Delta Epsilon Outstanding
Junior Economics Major Award
Mark Pacelli Scholarships in Finance Jamie Ott
Matthew Despoth
Allison Meglich Outstanding Accountancy Graduate
Zoran Miling Student
Vincenzo Di Rosa
Michael J. Lavelle, S.J., Scholarships
in Economics Outstanding Junior Scholar in
Amanda Dice Marketing and Logistics
Joseph McKenna Jason W. Miller
Anthony Miranda Outstanding Senior in Logistics
Razmig Pounardjian Sarah E. Zalas
Christopher Vecchio
Outstanding Senior in Management
Ohio Society of CPAs Award Andrew N. Flynn
Kaitlin Wojno
Outstanding Seniors in Marketing
Plain Dealer Scholarship Christina M. Anderson
Tareyn McKenzie Natalie M. Zajac
Plante and Moran Award Sonia S. Gold Award
76
Lindsay Pautler Nicholas B. Buzzy
PricewaterhouseCoopers LLP Awards Wall Street Journal Award
Dmitriy Labunskiy Peter A. Niro
Ashley Pettibon
Sammar Sharbek
Jennifer Suplita
RSM McGladrey/McGladrey Pullen
14
Award
Christie Kuilder
Raymond Smiley 5th Year Accounting
Scholarship
Krista M. Meola scholarships
Nicholas A. Yacobozzi
Robert T. Sullens 5th Year Accounting
Scholarship
Chase M. Gardner
AWARDS
31
Intellectual
Faculty Publications
Capital
ACADEMICS
Academic Perspective: Solving the Complexity in Financial Reporting
Shortfall in Accounting Classrooms M. Myring and R. Bloom
R.L. Madison Today’s CPA
Catalyst (Vol. 35, No. 3), November/December
September 2007 2007
32
ECONOMICS HUMAN RESOURCE
2008/2009
MANAGEMENT
Effective regulation versus tacit
collusion in the long distance market: On Thin Ice? Labor/Management
An empirical analysis Relations in U.S. Professional Sports
S. Kahai and D. Kaserman J. Higgins and S. Higgins-DeFago
Journal of Regulatory Economics Marketing Management Journal
(Vol. 32, No. 3), December 2007 (Vol. 19, No. 1), Spring 2009
Common Stocastic Trends Among Avoiding Liability for Wrongful
Caribbean Currencies: Evidence Termination: “Ready, Aim,...Fire!”
From Guyana, Jamaica, and Trinidad & E.C. Tomlinson and W. Bockanic
Tobago Employee Responsibilities & Rights
R. Aggarwal and W.O. Simmons Journal
Journal of Economics and Business (Vol. 21, No. 2), June 2009
(Vol. 60, No. 3), May 2008
Determinants of Motor Vehicle
Fatalities: A Kansas Case Study LEADERSHIP
M.W. Babcock, T.J. Zlatoper, and A.M.
Leadership development
Welki
S.J. Allen
Journal of the Transportation Research
In A. Marturano and J. Gosling, (ed.),
Forum
Leadership: The Key Concepts
(Vol. 47, No. 1), Spring 2008
Routledge, 2007
Leader development: An exploration of
FINANCE sources of learning
S.J. Allen and N.S. Hartman
Academic Perspectives: Global Capital Organization Development Journal
Markets and Global Economy (Vol. 26, No. 2), Summer 2008
R. Bloom and M. Myring
Catalyst, July 2007 A hunt for the missing 50 cents: One
piece of the leadership development
Current and Private Investors’ Return puzzle
and Risk Sharing with Private Equity S.J. Allen
Offering Announcements Organization Development Journal
L. Brooks and E.J. Ferreira (Vol. 26, No. 1), Spring 2008
The Journal of Private Equity
(Vol. 11, No. 3), Summer 2008 The landscape of leadership
development in the United States
S.J. Allen
China Executive Leadership Academy
GENDER Pudong, 2008
Do Male and Female Accountancy Leadership development: An
Chairs Perceive Ethics and exploration of sources of learning
Communication the Same? S.J. Allen and N.S. Hartman
J.J. Schmidt and R.L. Madison SAM Advanced Management Journal
Management Accounting Quarterly (Vol. 73, No. 1), Winter 2008
(Vol. 9, No. 3), Spring 2008
Editors’ Introduction: The Education of
Male-Female Giving Differential: Are Leadership
Women More Altruistic S.J. Allen and T. Middlebrooks
W.O. Simmons and R. Emanuele Journal of Leadership Education
Journal of Economic Studies (Vol. 8, No. 1), Summer 2009
(Vol. 34, No. 6), 2007
33
Intellectual
LEADERSHIP —continued— LOGISTICS/SUPPLY CHAIN
Capital
34
Putting a Good Face on Impression Leadership education: New challenges,
2008/2009
Management: Team Citizenship and continuing issues
Team Satisfaction A. Middlebrooks and S.J. Allen
N.T. Nguyen, A. Seers, and International Leadership Journal
N.S. Hartman (Vol. 1, No. 1), November 2008
Journal of Behavioral and Applied
Management Contemporary Logistics, 9th Edition
(Vol. 9, No. 2), January 2008 P.R. Murphy and D.F. Wood
Prentice Hall, 2008
Trust congruence among negotiators Wasmer Summer Grants
as a predictor of joint-behavioral Instructors Manual, Contemporary 2008
outcomes Logistics, 9th Edition
E.C. Tomlinson, B.R. Dineen, and R.J. P.R. Murphy and D.F. Wood Edward Tomlinson, Ph.D.
Lewicki Prentice Hall, 2008 Department of Management,
International Journal of Conflict Marketing, and Logistics
International Transfer Pricing and
Management Research to examine how managers
Intellectual Property: The PrimeCo
(Vol. 20, No. 2), 2009 can repair trust once it is violated.
Case
The role of causal attribution M. Myring and R. Bloom
Issues in Accounting Education Nathan Hartman, Ph.D.
dimensions in trust repair Department of Management,
E.C. Tomlinson and R.C. Mayer (Vol. 22, No. 4), November 2007
Marketing, and Logistics
Academy of Management Review
Teaching the interactionist model of “Mediators to the Personality and
(Vol. 34, No. 1), January 2009
ethics: Two brief case studies Organizational Citizenship Behaviors
E.C. Tomlinson Relationship”
Journal of Management Education
PEDAGOGY (Vol. 33, No. 2), April 2009 Richard Grenci, Ph.D.
Department of Management,
Simulations as a source of learning: Marketing, and Logistics
Using StarPower to teach ethical
leadership & management TAX Develop web analytics assignments
S.J. Allen for use in marketing and information
IRS OKs Rolling Average systems classes and examine the
Journal of Leadership Education
R. Bloom place for this instruction in marketing,
(Vol. 7, No. 1), Summer 2008
Journal of Accountancy e-commerce and IS curricula
Emotionally intelligent leadership: (Vol. 207, No. 2), February 2009
A guide for college students Scott Moore, Ph.D.
Financial Accounting vs. Income
S.J. Allen and M. Shankman Department of Economics
Taxation of Defined Benefit Pensions
Jossey-Bass, 2008 and Finance
and Other Post-Retirement Benefits
An Examination of a Skills-Based Plans Examine the empirical relationship
Leadership Coaching Course in an R. Bloom and W.J. Cenker between corporate governance and
MBA Program Taxes - The Tax Magazine value in commercial banks
J.B. Forbes (Vol. 87, No. 2), February 2009
Journal of Education for Business Walter Simmons, Ph.D.
Derivatives and Hedging: Accounting Department of Economics
(Vol. 83, No. 4), March/April 2008
vs. Taxation and Finance
The Potential of Erin Brockovich to R. Bloom and W.J. Cenker “Differentials in Giving of Money and
Introduce Organizational Behavior Journal of Accountancy Time by People who are Religious” and
Topics (Vol. 206, No. 4), October 2008 “Giving and Volunteering in a Time of
J.B. Forbes and J.E. Smith Terrorism”
Tax Accounting Method and Entity
Organization Management Journal
Choice
(Vol. 4, No. 3), Winter 2007
G.P. Weinstein and W.J. Cenker
Let’s Be Honest About Cheating Taxes – The Tax Magazine
R.L. Madison and M.P. Lynn (Vol. 8, No. 8), August 2008
The New Accountant
(No. 728), 2008
35
www.jcu.edu/boler