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Panel discussion during the 14th Annual Executive Summit

Drexel alumni from across the University were back on campus on May 19 for the 14th Annual Executive Summit, presented by LeBow’s Executive MBA Alumni Board.

Illustration of a hand funneling money slowly into a bucket being held by a smaller person

Paul Décaire shows that rigid budgeting rules reduce investment efficiency and increase wasteful spending, especially in large and complex firms.

Revolving Door

Joseph Kalmenovitz, shows that regulators protect their outside option for a higher-paid job in the private sector by avoiding post-employment restrictions.

Cubes being added and combined illustration

Paolo Volpin shows that mandatory disclosure of financial information facilitates new deal opportunities, leading to M&A activity and better acquisitions.

Illustration of one hand with a key unlocking a lock being held by another hand

When regulatory oversight is fragmented across multiple government agencies, firms incur higher costs and have lower productivity, profitability and growth.

Illustration of man holding umbrella as shield for arrows

A study by Greg Nini shows that creditors play an active governance role by blocking the restructuring tactics of distressed firms if they are value-destroying.

Business Meeting Illustration

A study by Naveen Daniel shows that mandating the appointment of a risk committee and a chief risk officer in banking institutions has no impact on bank risk.

hurricane and buildings illustration

Shareholders in areas hit by a hurricane change their perception of climate-related risks and become more likely to vote in favor of an environmental proposal.

Workers walking while wearing masks illustration

A study by Paolo Volpin, PhD and others shows that paid sick leave leads to higher labor productivity and firm profitability.

Illustration Capital Investment

Greg Nini shows that, during the COVID-19 pandemic, firms with the largest shocks to their expected future cash flows raised larger amounts of capital.

business person holding up sustainable earth illustration

Daniel Korschun argues that tackling climate change requires companies to use their resources to influence policies, public opinion and behaviors.

Directors Academy Participants gather around a table in a boardroom

Held in person for the first time since 2019, the 17th Directors Academy featured the most qualified and diverse group of attendees in the program’s history.

George Tsetsekos receiving his award in a classroom setting

LeBow Dean Emeritus and George B. Francis Professor of Finance George Tsetsekos, PhD, was awarded the Global Citizen Award by the Global Interdependence Center.

Rube Goldberg device

Two LeBow professors examined coordination within and between teams building Rube Goldberg devices as part of highly interdependent multiteam systems.