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Wharton in the News
A small selection from among hundreds of mentions from top-tier
national and international print, television, and radio outlets.
Lisa Bolton, assistant
professor of marketing,
was quoted in a June 6
BusinessWeek article about
the marketing of weight
management drugs. Her
research on the effect of
weight management drugs
revealed that taking the
drugs actually leads people
to eat fewer low-fat foods
and exercise less—the opposite
of the desired behavior
changes.
On June 17 The Economist
quoted Peter Cappelli,
George W. Taylor Professor
of Management, about the
control employers have on
terms of employment and
short-term contracts. In The
New Deal at Work, he wrote,
"While employers have
quite clearly broken the old
deal and its long-term commitments,
they do not control
the new deal...it is hard
to see what could make employees
give that control
and responsibility back to
the employer." The article
also appeared in the New
Zealand Herald on June 19.
In the June 10 Wall
Street Journal, Thomas
Donaldson, Mark O.
Winkelman Professor;
Professor of Legal Studies
and Business Ethics, criticized
the role connections
play for students and internship programs, including
a trend toward charity
auctions for internships.
Companies "have an obligation
to hire the best people
they can—not the highest
bidder—so they'll get the
biggest return on their investment,"
he said.
Mauro F. Guillen,
Dr. Felix Zandman
Professor in International
Management; Professor
of Management and
Sociology, was cited in a
New York Times article on
June 8, about the expansion
in Europe through
mergers and acquisitions.
In his book, The Rise of
Spanish Multinationals, he
wrote, "Without the skills
and managerial personnel
of their European counterparts,
it is likely that
Spanish firms will remain
strong in the 10 percent of
the world represented by
Spain and Latin America,
and largely absent from
the rest."
Jack Guttentag, an emeritus
professor of finance,
was profiled in a June 26
Newsweek article about
his efforts to help borrowers
bypass non-disclosure
of costs by mortgage brokers.
"Guttentag crusades
for transparency," columnist
Jane Bryant Quinn wrote.
"He wants providers to disclose
the loan's wholesale
price (the interest rate and
points), plus the markup, in
writing and in advance."
On May 12 the Philadelphia
Inquirer featured the story
of how Wharton Global
Consulting Practicum was
helping a Peruvian chef export
his sauces to the U.S.
The MBA consulting project
was one of 11 the program
conducted this year,
including clients from
Chile, China, Colombia,
India, Israel, and Peru.
Leonard Lodish, Samuel R.
Harrell Professor; Professor
of Marketing, who founded
the program, said that
a client from last year, a
Colombian brewer, is now
marketing one of the fastest-growing
imported beers
in the U.S. The article also
ran in the Miami Herald
(6/19/06) and the Kansas
City Star (6/12/06).
On June 20 Dow Jones
News interviewed Olivia
Mitchell, International
Foundation of Employee
Benefit Plans Professor;
Professor of Insurance and
Risk Management and
Business and Public Policy,
for an article about the
Pension Benefit Guaranty
Corporation (PBGC), and
insurance on private retirement packages. "The PBGC
was put together to handle
normal risks," she said. "I
don't think anybody really
expected ... there would be
entire swathes of American
industry that would have
the bottom fall out."
Witold Rybczynski,
Martin & Margy Meyerson
Professor of Urbanism;
Professor of Real Estate, was
quoted in a Rocky Mountain
News editorial on June 1
about the challenges New
Orleans is facing in re-establishing
itself as a top tourist
attraction. He predicted
that New Orleans will be rebuilt
as a smaller and very
different city: "While cities
grow very quickly, they decline
slowly. ... This very
gradual decline has been
cruelly accelerated. Half
the low-income people in
New Orleans were tenants—a very
high number. The
landlords can't afford to rebuild
houses for those tenants.
If they rebuild, it's
going to have to be for
somebody with a lot more
money, because rebuilding
a house costs more than it's
worth right now. That's a
quandary I don't see any solution
to."
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