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Headlines Aspen Institute Honors Faculty Pioneers MBA faculty members who do an outstand- ing job of integrating social and environmental issues into research and teaching were honored last November by the Aspen Institute Center for Business Education, a program of the Aspen Institute Business and Society Program. The 2009 Faculty Pioneer Awards were given out at a reception at Ernst & Young's corporate headquarters in New York City. Pratima Bansal of the Richard Ivey School of Business at the University of Western Ontario in London, Ontario, won the award for Academic Leadership. Simon S.M. Ho of the School of Business at the Hong Kong Baptist Uni- versity won the award for External Impact, and Nicole Woolsey Big- gart of the Graduate School of Management at the University of California, Davis, won the award for Institutional Impact. David W. Hess of the Ross School of Business at the Univer- sity of Michigan in Ann Arbor was named the 2008 Rising Star, and David Baron of the Stanford Grad- uate School of Business in Califor- nia received a Lifetime Achievement Award. James E. Austin of Harvard Business School in Cambridge, Massachusetts, received the award for Social Entrepreneurship Edu- cation, given in partnership with Ashoka, a global association of social entrepreneurs. The 2008 European Faculty Pioneer Awards, given in conjunc- tion with the European Academy of Business in Society (EABIS), were presented in September at the University of Cranfield in the U.K. Antonio Argandona of the IESE Business School at the University of Navarra in Barcelona, Spain, received the Lifetime Achievement Award; and Wendy Chapple of Not- tingham University Business School in the U.K. was named the 2008 Rising Star. Alumnus Gives $300M to Chicago GSB The University of Chicago Graduate School of Business has received a $300 mil- lion gift from entrepreneur David G. Booth, founder of investment firm Dimensional Fund Advisors, and his wife, Suzanne. The gift is the largest donation in the university's history. In recognition of the gift, the school will be renamed the Chicago Booth School of Business. "The very first course I took at the University of Chicago was taught by Eugene Fama, and it was a life- changing event for me," says Booth. Fama, the Robert R. McCormick Distinguished Service Professor of Finance, is the founder of the effi- cient market hypothesis, which says investors in stocks should not be able to beat the market since there is no way for them to know something about a stock that is not already reflected in the stock's price. The school plans to use the money for several new initiatives, including attracting top faculty, developing new faculty groups in nontraditional aca- demic areas, and expanding existing research centers. Bentley Students Give Time and Money Two recent initiatives at Bentley University in Waltham, Massachusetts, are aimed at getting students more involved in 8 BizEd JANUARY/FEBRUARY 2009