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Active Alumni Involvement: Neal Meadows BBA ’95, MPA ’97 |
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New Year’s resolutions are notorious for being abandoned all too quickly. A few weeks into February, gym memberships are forgotten and piles of books sit unread next to the nightstand. But when Neal Meadows, BBA ’95 and MPA ’97, made a commitment this year to reconnect with the McCombs School, it was one resolution that stuck. Read more. |
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In This Edition
Dr. Gilligan Named Dean of McCombs SchoolFranklin Named Texas MPA Program DirectorKinney: Loss of Auditing Research Hurts ProfessionBrandl: Will High Oil Prices Sink the U.S. Economy?Kumar on Perils of Investing Too Close to Home
Upcoming Events Accounting Career Awareness Alumni Panel, July 15 Gone To Business, Aug. 26
Look in your mailbox for the next issue of Texas Magazine!
Top Stories
Dr. Gilligan Named Dean of McCombs School
 Dr. Thomas W. Gilligan, the E. Morgan Stanley Chair in Business Administration and professor of finance and business economics at the University of Southern California’s Marshall School of Business in Los Angeles, has been appointed dean of the McCombs School of Business at The University of Texas at Austin. Read more.
Jim Franklin Named New Texas MPA Program Director Steve Limberg, faculty director of the Texas MPA program, announced last week that Jim Franklin has been named director of the No. 1-ranked MPA program. Read more.
Kinney: Loss of Auditing Research Hurts Profession
William R. Kinney, Jr., professor in the Department of Accounting, lent his expertise to a U.S. Treasury Department committee on the auditing profession June 3 in Washington D.C. Kinney unfortunately brought bad news regarding the current state of independent audit scholarship at the university level. "The decline of scholarly studies of auditing on campuses is almost complete," Kinney said. "This is true at The University of Texas at Austin as well. When I was [young] practitioners were anxious to get the latest thinking on campus to try to get new ways of solving emerging practice problems, whether it involved statistics or behavioral science, because humans don't process information nearly as well as we think we do." Read more.
Brandl: Will High Oil Prices Sink the U.S. Economy? The economic pundits are filling the airways with stories of how high energy prices are going spell doom for the U.S. economy. In Washington and across the country politicians seem to be tripping over themselves trying to find "someone to blame" for raising gasoline prices. In his latest video Macro Update, senior finance lecturer Michael Brandl explains that, as usual, the pundits and politicians are not getting the story quite right. Watch the video.
McCombs in the News
Media: Kumar on Perils of Investing Too Close to Home The New York Times, June 15, 2008 There’s no place like home, but staying too close to home can have unintended consequences for investors. Americans tend to put a disproportionate share of their money into shares of companies based in their own states, new research has shown, and that bias that can be exploited by sophisticated traders. These insights come from "Long Georgia, Short Colorado? The Geography of Return Predictability," a study co-authored by Alok Kumar, assistant professor of finance at McCombs. Read the story.
If you have news you would like to share, please send it to accounting.times@mccombs.utexas.edu by the first of each month to be considered for inclusion in the newsletter.
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