Faculty & Research

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CEOs' zeal for acquisitions flags when their own money is at stake, Freeman researcher says

August 02, 2010

Corporate-acquisition activity has been in the doldrums, and the finger of blame has tended to be pointed at investors. In the prevailing view, CEOs are typically empire builders, willing and able to buy, but shareholders have lately lacked the requisite "animal spirits," a contrast said to have been vividly on display recently in the collapse of Prudential's bid to buy AIA.

New research by Cynthia Devers suggests that CEOs are more likely to exercise stock options and sell company stock following acquisitions.

But now new research led by the Freeman School's Cynthia Devers...

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Freeman adds six new faculty members

July 25, 2010

The Freeman School has appointed six new tenure-track faculty members for the 2010-11 academic year.

Cynthia E. Devers

Cynthia E. Devers joins the Freeman School as an associate professor of management. Devers received her PhD in business administration from the Eli Broad College of Business at Michigan State University and her MBA from Northwood University. Her research draws on behavioral decision and social psychological perspectives to explore how formal and informal governance mechanisms influence individual and group risk perceptions and behaviors,...

Despite the spill, stock-picking professor sees winners as well as losers among small-cap energy firms in Gulf area

June 11, 2010

FOR IMMEDIATE RELEASE
June 11, 2010

Contact: Ben Haimowitz
212-233-6170
HHaimowitz@aol.com

NEW ORLEANS - The likely effect of the Gulf oil spill on the future stock performance of energy companies in the region may be less dire than one might imagine, suggests a Tulane business professor who is a leading expert on the area's economy, particularly small-cap firms that he calls "stocks under rocks." While the six-month moratorium on deep-water drilling may play havoc with the prospects of many firms in the energy...

Faculty awards from 2010 Commencement Ceremony

May 19, 2010

The following faculty awards were presented at the Freeman School’s 2010 Graduate Diploma Ceremony.

Irving H. Lavalle Research Award

Established in 1996, this award recognizes professors for excellence and advancement of the highest standards in research and for contributions to the faculty members' academic fields of interest.

  • Michael Burke
James T. Murphy Teaching Excellence Award

Established in 1994, this award recognizes professors in the Bachelor of Science in Management and the Master of Business Administration...

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Burkenroad Conference spotlights recovery

May 04, 2010
At last year’s Burkenroad Reports Investment Conference, 33 of the 34 companies that presented posted negative returns for the preceding 12 months. This year, 28 of 33 companies posted positive returns, including top performer Stone Energy, which generated a total return of 337.89 percent for the year.
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Ricchiuti in T-P on McMoRan Blackbeard prospect

June 18, 2009

Peter Ricchiuti is quoted again in today's Times-Picayune on McMoRan Exploration Co.'s groundbreaking Blackbeard drilling project. The mega-deep well, located just off the mouth of the Mississippi River, could end up producing the equivalent of 4 billion barrels of oil. Ricchiuti says the closely watched project has the potential to be a game changer for the industry.

Ricchiuti is research director of Burkenroad Reports, the Freeman School's acclaimed equities analysis program.

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Analyst recommendations have little effect, researcher says

May 18, 2009

In a new paper to be published in Journal of Accounting and Economics, Robert S. Hansen, Francis Martin Chair in Business and professor of finance and economics,  suggests that analysts' recommendations have little effect on stock prices. The study, co-authored with Oya Altinkiliç of the University of Pittsburgh, found that when an analyst changes a recommendation on a stock, the share price moves on average  just 0.03 percent, far less than...

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Ricchiuti featured on "Good Morning America"

May 07, 2009

Assistant Dean Peter Ricchiuti was interviewed by ABC News for a  Good Morning America segment on May 7 that examined the Gulf Coast's surprisingly strong economy. Ricchiuti is research director of Burkenroad Reports, which follows 38 small- and mid-cap companies across the Southeast.

Click here to watch Ricchiuti's segment.

In the News: Elstrott addresses visiting graduate students

March 23, 2009

John Elstrott, clinical professor of business and executive director of the Freeman School's Levy-Rosenblum Institute for Entrepreneurship, was among the guest speakers to address 50 visiting graduate business students. The students are in New Orleans for the 2009 IDEAcorps Challenge, a program of local consulting firm the Idea Village that links business students from across the nation with entrepreneurial ventures in New Orleans.

To see Elstrott's comments and learn more about the program, see Jaquetta White's article in the Times-Picayune.

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Cook featured in BusinessWeek

March 12, 2009

Victor J. Cook, Freeman Professor of Doctoral Studies and Research and Senior Fellow at the Goldring Institute for International Business, recently contributed an opinion piece to BusinessWeek. The article, titled What GM Can Learn From IBM, suggests that GM can learn much from the example of IBM, which transformed itself from a product-driven company to a services-driven company under the visionary leadership of Louis Gerstner. To read more of Cook's articles on marketing and finance, visit his blog, CustomersAndCapital.com.