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MayJune2013

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Annual Accreditation Conference St. Louis, Missouri, USA September 22–24, 2013 Explore the future of AACSB Accreditation. Becoming a part of the top 5 percent of business schools worldwide with AACSB Accreditation is a remarkable accomplishment—it requires teamwork, dedication, and diligence. Attending the Annual Accreditation Conference is a unique opportunity to engage in vital discussions, and gain insight into the latest trends in the industry and global accreditation that reinforce your commitment to quality management education once again. Network with peers from around the world, connect with experienced accreditation volunteers, and exchange ideas and best practices with those who have been in your shoes. Whether you have been accredited for almost a century, or have been newly accredited, join your colleagues at this key AACSB event for unparallelled learning and networking opportunities. Save 200 USD—register before August 12, 2013. Learn more at www.aacsb.edu/Accreditation-Conference Research Recognitions The Journal of Finance has announced its 2012 Smith Breeden First Prize papers. In the first, "Rollover Risk and Credit Risk," Zhiguo He of the University of Chicago in Illinois and Wei Xiong of Princeton University in New Jersey show that "deterioration in debt market liquidity leads to an increase in not only the liquidity premium of corporate bonds but also credit risk." In the second, "Technological Growth and Asset Pricing," authors Nicolae Gârleanu of the University of California Berkeley, Stavros Panageas of the University of Chicago, and Jianfeng Yu of the University of Minnesota in Minneapolis develop "a unified investmentbased theory for numerous well-documented facts related to excess-return predictability" in regard to major technological innovations. The Journal of Finance also awarded its 2012 Smith Breeden Distinguished Paper award to L'uboš Pástor and Pietro Veronesi, both of the University of Chicago in Illinois, for "Uncertainty About Government Policy and Stock Prices." In the paper, the authors create a model to predict how changes in government policy can affect stock prices. Xiaohong He of the Quinnipiac University School of Business in Hamden, Connecticut, and Renyong Chi of Zhejiang University of Technology in China have won the Best Paper Award from the Journal of Entrepreneurship and Public Policy and the University of Central Arkansas College of Business. The authors won the award for their paper "Conceptualization and Practice of Cluster Evolution in Developing Economies: Underlying Logics that Transform Survival or Subsistent Entrepreneurship Cluster." It examines cases in China "where survival-motivated, rural-based poor entrepreneurial cottage firms have evolved into innovative regional industrial powerhouses." The American Society of Quality has presented its Gryna Award for innovative contributions and achievements in quality to John Latham, director of the Monfort Institute at the University of Northern Colorado in Greeley. The society recognized Latham for "Management System Design for Sustainable Excellence: Framework, Practice, and Considerations," which appeared in the April 2012 issue of the Quality Management Journal. The paper f ocuses on designing a sustainable management system that creates value for six stakeholder groups, including customers, employees, investors, suppliers and partners, society, and the environment. BizEd May/June 2013 61

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