Smith Business magazine-summer24-paperturn - Flipbook - Page 34
DEAN’S REPORT
SMITH FACULTY & THE FUTURE OF BUSINESS
Smith’s faculty are dedicated educators and in昀氀uential thought leaders, consistently recognized among the best
scholars in the world. Their groundbreaking work is helping to frame policy, guide industry and solve some of
society’s most pressing challenges.
KYLE EARNS PRESTIGIOUS
RESEARCH PRIZE
Albert “Pete” Kyle, the
Charles E. Smith Chair
Professor of Finance,
won the WhartonJacobs Levy Prize
for Quantitative
Financial Innovation
from the Wharton School for
his groundbreaking market
microstructure research.
ANENSON NAMED
UMD DISTINGUISHED
SCHOLAR-TEACHER
T. Leigh Anenson,
professor of business
law, received
the university’s
Distinguished ScholarTeacher Award, honoring
faculty who combine
outstanding scholarly
accomplishments with
teaching excellence.
SCHLAKE, UMD TEAM
TACKLE HUNGER WITH
$5M NSF GRANT
Clinical professor
Oliver Schlake is part
of a multidisciplinary
UMD team that
received a
$5 million National
Science Foundation
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SMITH BUSINESS
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summer 2024
grant for tech solutions to
reduce food waste and feed
hungry people. They
created a portable food
quality sensor that can
detect early-stage food
spoilage and a real-time
app to distribute surplus
food before it goes bad.
FAULKENDER TESTIFIES
TWICE ON CAPITOL HILL
Finance professor and
former U.S. Treasury
of昀椀cial Michael
Faulkender testi昀椀ed
before the U.S. Congress
Joint Economic Committee on
March 12 on the correlation
between personal 昀椀nances
and the nation’s 昀椀scal
situation. In December
2023, he testi昀椀ed before
a House Ways and
Means subcommittee on
how much federal debt
costs taxpayers.
MAKSIMOVIC, YANG SHOW
SOCIAL CAPITAL IS KEY FOR
SMALL BUSINESS SUCCESS
Vojislav Maksimovic, the
William A. Longbrake Chair
in Finance, and associate
昀椀nance professor Liu
Yang, working with
UMD journalism
professors, have a university
Grand Challenges Grant
to study the impact
of social capital
on outcomes for
small businesses.
Their initial study
of 1.2 million businesses
reveals that social capital
signi昀椀cantly in昀氀uences
small business 昀椀nancing,
more so than local bank
presence, income and
educational levels.
RASCHID, UMD TEAM
CREATE INNOVATIVE
VIDEO CALLING FOR
PEOPLE WITH AUTISM
Louiqa Raschid, Dean’s
Professor of Information
Systems, is part
of a UMD crossdisciplinary team
working to decrease
miscommunication
and workplace
discrimination for autistic
people with a new videocalling platform. The
team received a UMD
Grand Challenges Grant
to develop the technology,
called Fostering Inclusivity
Through Technology.
BJARNADÓTTIR DEVELOPS
BETTER WAY TO ADDRESS
PAY GAPS
Margrét Bjarnadóttir and
her co-authors developed a
better way for companies to
close pay gaps, as outlined in
Harvard Business Review.
Their approach says
companies should
go department by
department to get rid of
pay gaps, 昀椀gure out where
the biggest pay distribution
differences are and rebalance
them, and use data to 昀椀nd
and close pay gaps. However,
they should also work with
managers to determine which
employees should get raises.
GUPTA HONORED FOR
SCHOLARLY IMPACT
Anil K. Gupta, the Michael
D. Dingman Chair in Strategy
and Entrepreneurship,
received the 2023 CK
Prahalad Award for
Scholarly Impact
on Practice from
the Strategic
Management Society.
rhsmith.umd.edu