School Notes: School of Management
May/June 2014

Business schools connect during Global Network Week

More than 470 students from the Global Network for Advanced Management took part in Global Network Week this spring. The weeklong minicourses provide an opportunity for students to pursue intensive study with their colleagues from other network schools, learning from top faculty and meeting local business leaders during company visits. Courses were held March 3–7 and March 17–21 at 12 member schools, including Yale School of Management, Renmin University of China in Beijing, Fudan University School of Management in Shanghai, Technion-Israel Institute of Technology, and Pontificia Universidad Católica in Chile. 

Professors’ articles win awards

“Liquidity as an Investment Style,” by Professors Roger Ibbotson and Zhiwu Chen ’90PhD and coauthors Daniel Y.-J. Kim ’13MBA and Wendy Y. Hu, has been selected as the best article in the Graham and Dodd Awards, a CFA Institute program honoring the top articles published each year in the institute’s Financial Analysts Journal. The article, which appeared in the May/June 2013 issue of FAJ, finds that liquidity is an important indicator of long-run returns, and suggests that liquidity be included in future asset price studies as an investment style given equal standing with size, growth/value, and momentum.

This year’s Best Perspectives Award for the timeliest and most thought-provoking opinion article was given to Professor Robert J. Shiller for his piece “Capitalism and Financial Innovation,” which appeared in the January/February 2013 FAJ.

The CFA Institute is a nonprofit organization of investment professionals with members in over 100 countries. 

Honoring lifetime achievement

The Academy of Management, a professional association of management scholars, has honored Victor Vroom, the BearingPoint Professor of Management and professor of psychology at SOM, with the OB Division Lifetime Achievement Award. The award recognizes senior scholars who have contributed to the organizational behavior discipline throughout their careers.

A member of the Yale School of Management faculty since the school’s opening in 1976, Vroom developed and taught the school’s first course in organizational behavior. He is an authority on the psychological analysis of behavior in organizations, particularly on leadership and decision-making. His 1964 book, Work and Motivation, is regarded as landmark in the field.