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LCB in the News
Institutional Investor quotes assistant professor of finance Wesley Gray, Ph.D., in the article "Can Twitter Predict Stock Market Moves?" Gray says: “Do people Tweeting have the money that drives the sentiment? Probably not.” Gray questions whether the relationship between measures of calm and future market returns makes intuitive sense and, in a recent blog post, concluded that “using mood to predict stock prices doesn’t pass the sniff test.” The article also references recently published research conducted by Gray and LeBow Ph.D. student Jack Vogel.
John Adamski, director of graduate admissions at LeBow College, was quoted in a Metro article titled "How to Become a Sought-After MBA Candidate," providing advice on how to best position oneself for admission to business school. For example, Adamski says LeBow weighs GMAT scores more heavily for younger candidates with less working experience, and he advises applicants to have a solid statement of purpose that goes beyond the general 'it will help me with my career.'
Research co-authored by Eliezer Fich, Ph.D., and Ralph Walkling, Ph.D., was cited in an Economist article titled "Rip-Cord Economics: Pay-Offs for the Boss Need to Be Better Designed." Their research found that when golden parachutes are larger, proposed mergers are more likely to be completed, but buyers pay less for the shares of the target firm.