Employees of the Market Basket chain of supermarkets rally against the removal of CEO Arthur T. Demoulas. Daniel Korschun, fellow in the LeBow Center for Corporate Reputation Management attended the rally and comments on just how unusual the overwhelming support for a chief executive by rank and file employees is. He is also cited in coverage by the Boston Globe.
LeBow College of Business faculty are highly sought after experts in their fields of study and often contacted by the media to comment on business-related issues in the news. Topics typically include the economy, corporate governance and finance. Below is a sampling of media placements.
LeBow in the News
A mother’s wisdom, a classic underdog story and an adventurous life as an Air Force flight surgeon inspire a new book by Drexel College of Medicine and Sacramento MBA alum Dr. Clarence Lee Jr.
As stock prices tumble at two apparel brands with controversial founders, CNN Money looks to research by LeBow professor Ralph Walkling, PhD to examine what the costs of the two men’s indiscretions truly are.
A study by a team of researchers that includes LeBow marketing professor Yanliu Huang indicates that mobile promotions, which encourage additional in-store travel, increase unplanned spending.
Drexel LeBow finance professor Wesley Gray discusses his upcoming actively managed value ETF.
The handheld solar charging device with a 3D printed shell is ready for its next phase of development. By simplifying the production process, LeBow students David Hunt and Jason Browne have kept the devices affordable, and early adopters have a chance to reserve their charger through a Kickstarter campaign.
Research by Daniel Korschun, assistant professor of marketing at Drexel LeBow, supports the idea that “employee expectations of the companies they work for are dramatically expanding when it comes to corporate philanthropy.” Korschun’s research is also cited in The Guardian.
Wes Gray, PhD, assistant professor of finance, talks to Fox Business about the carried interest tax. “There’s only one thing in the world that I’m really bullish on, and that’s tax rates. And I think they are going up … Governments are going broke,” he says.
His guess? The 15 percent tax rate on carried interest will go up in the next three to five years. “Carried interest is low-hanging fruit for a lot of politicians.”
Seniors Joshua Kohler and Anthony Gryscavage, along with Dragon Fund faculty member, Daniel Dorn, associate professor of finance, and Cathy Ulozas, Drexel chief investment manager, are interviewed about the success of the Dragon Fund and how it has exceeded the market in 2013 by 42.7 percent investing mainly in U.S. mid-cap stocks.
LeBow’s Eli Fich, PhD, associate professor of finance, spoke to the Wall Street Journal about Symantec’s board amid the criticism surrounding its firing of its CEO last week. Fich says the average age of its members is “substantially higher” than other tech companies.
The WSJ reports: “Symantec last week fired Chief Executive Steve Bennett, less than two years after ousting his predecessor, who had himself spent only about three years on the job. The stock fell about 12 percent, suggesting the market thinks shuffling CEOs again may not solve Symantec’s problems.”