Faculty Excellence
The driving force behind any great business school
is the intellectual leadership that the faculty provide in academic research, business practice and teaching. Our faculty continue to make important contributions in all these areas.
Teaching
Our faculty are noted for the caliber of their teaching. Student satisfaction surveys of our undergraduates and graduate students consistently reflect the high quality of education that our faculty provide. More than 85% of Wisconsin MBA students who graduated in May 2006 expressed satisfaction with the quality of teaching in their coursework. Among undergraduates, 85% ranked their required business courses as good or exceptional.
Academic Journals
School of Business faculty are among the most published researchers
in the nation in the most prestigious journals in their disciplines. For example, from 1996 to 2006, School of Business marketing faculty ranked first in the nation for research productivity in terms of the number of articles published in top-tier journals in their field (Journal of Marketing, Journal of Consumer Research and Journal of Marketing Research).
School of Business faculty serve on editorial boards of many leading academic journals. To highlight only a few:
Ella Mae Matsumura is incoming editor for Accounting Horizons. Hollis Skaife and Karla Johnstone serve on the editorial board of The Accounting Review.
Tim Riddiough is on seven editorial boards, including Real Estate Economics.
Mark Ready is an associate editor of Financial Management.
Antonio Mello is on the editorial board of European Financial Management.
Craig Thompson, Kenneth H. Wathne, Aric Rindfleisch and Jan Heide serve on the editorial review board for the Journal of Marketing. Only a handful of marketing programs have such significant representation.
Ramon Aldag and Mason Carpenter are on the editorial board of the Academy of Management Review. Barry Gerhart serves on five editorial boards, including the Academy of Management Journal.
Urban Wemmerlöv is an associate editor and Kathryn Caggiano is a reviewer for Decision Sciences Journal.
Joan Schmit and Mark Browne are associate editors of the Journal of Risk and Insurance.
Research Grants
- Nine faculty received $493,515 in support of their work by a variety of federal and non-federal agencies. In addition, seven faculty received $85,289 for research projects funded by the UW-Madison Graduate School.
- Lori Holder-Webb was part of a four-person research team awarded a major grant by the NASD Investor Education Foundation. The award is for research exploring non-financial performance measures in corporate reporting.
- The Initiative for Studies in Technology Entrepreneurship (INSITE), a cross-campus program to enhance understanding of technology entrepreneurship received a three-year, $125,000 collaborative research grant into successful technology entrepreneurship from UW-Madison’s Center for World Affairs and the Global Economy.
- The UW-Madison Center for International Business Education and Research (CIBER) received $1.4 million in funding from the U.S. State Department to cover operations for the next four years. The center offers dozens of international programs for students, faculty and staff at UW-Madison, and throughout the UW System, and technical and community colleges in the upper Midwest and as well as the Wisconsin business community.
Awards
Toni Whited won the prestigious Brattle Prize in Corporate Finance and $10,000 for a paper co-authored with Christopher A. Hennessy of the University of California-Berkeley. “Debt Dynamics,” published in the Journal of Finance, explored the effects of taxes and growth on corporate capital structure.
Aric Rindfleisch won the American Marketing Association’s Early Career Contributions Award for the extensive research accomplished early in his career.
Leadership Positions
Stephen Malpezzi is president of the American Real Estate and Urban
Economics Association.
Edward Frees was elected to the Board of Governors of the Society of Actuaries.
James Rappold was one of three organizers of the International Conference on Information Systems, Logistics and Supply Chain Management held in Lyon, France.
Larry Rittenberg continues to chair the high-profile national organization involved in setting financial reporting standards, the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
Terry Warfield was named to the Financial Accounting Standards Advisory Council, an advisory group of the Financial Accounting Standards Board.
Mason Carpenter is chair of the Academy of Management’s Business Policy and Strategy Consortium.
Books
Faculty authored several textbooks and books for general business audiences. To highlight only a few:
Ramon Aldag and Loren Kuzuhara co-authored “Mastering Management Skills.”
Jerry Weygandt and Terry Warfield published an updated version of “Intermediate Accounting.”
John Wild co-published “Financial Accounting for MBAs,” “International Business: An Integrated Approach” and “Financial Accounting: Information
for Decisions.”
Dan Anderson published, “Corporate Survival: The Critical Importance
of Sustainability Risk Management,” analyzing pressures on U.S.-based
multi-national corporations from global competition and regulations.
Mason Carpenter published a new textbook, “Strategic Management:
A Dynamic Perspective.”
PhD Program
Sixty-eight doctoral candidates were enrolled in the School of Business PhD program during the 2005-06 academic year, working closely with faculty. They included Ray A. Gilmore, a PhD candidate in risk management and insurance who received a $10,000 research award from the State Farm Companies Foundation Doctoral Dissertation Award for his dissertation on pension plan payout choices. Our PhDs were hired by top academic research institutions, teaching universities and companies. To help attract top doctoral students, over the 2005-06 school year, the School of Business created a new website providing resource information for doctoral candidates and continued efforts to enhance doctoral advising and increase funding support.
Looking Ahead
The school will work to locate additional resources to strengthen incentives and increase support for top-tier research. Seven new faculty members with outstanding credentials joined the School of Business as of fall 2006.