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Dr. Agrrawal was quoted in this interesting BDN story: The growth in credit unions….. “Some of that growth is surely “backlash” from the role large banks played in the financial crisis, according to Pankaj Agrrawal, associate professor of finance at the University of Maine. “The big banks are still paying for it,” Agrrawal said. “One person’s misery is another person’s mirth. Credit unions, in a way, are the unlikely beneficiaries of the financial meltdown that happened at the national and global scale with very large-cap banks.”
Dr. Erhardt’s paper was just recognized as the top cited paper in the journal’s 20 anniversary special online issue. : Erhardt, N. L., Werbel, J. D. and Shrader, C. B., Board of director diversity and firm financial performance. Corporate Governance: An International Review, 20th anniversary virtual issue, April 2012, http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-8683/homepage/anniversary_virtual_issue.htm , Originally published in Corporate Governance: An International Review, Vol. 11, no. 2, 2003, pp. 102-111.
The paper examines the effects of gender diversity on long-term firm performance for a sample of large Fortune 500 firms. The main finding is that board diversity is positively associated with aggregate measures of performance.
On Thursday, March 22nd, a group of students from the Maine Business School’s Net Impact chapter travelled to Portland to attend a conference on Innovation in German Bioenergy. Attendees included Dr. Terry Porter, Cassie Vaillancourt, Christopher Wallace, Chris Burrell and Patrick Hart.
The students heard from four different German bioenergy companies concerning new technologies and processes they have developed and the potential for future bioenergy markets. BIS E.M.S. GmbH focused on technologies they developed for converting raw biogas into biomethane, which they described as a more stable and valuable energy resource. APOS GmbH discussed the value of their high-tech optical sensing device that can be used in power plants and in the wood products industry to optimize efficiency of biomass boilers. Vecoplan AG highlighted their products for shredding, conveying, and processing wood, especially for the creation of wood pellets. And finally, Buttner mbH discussed their industrial drying technology which they sell mainly to the wood panel industry.
The conference was put on by the Maine International Trade Center for the main purpose of allowing the German companies to network with Maine-based companies and find potential business opportunities in Maine and the United States, but it was also a great opportunity for the students to learn about some of the most modern and upcoming technologies in renewable energy from the companies that developed the technologies.
February 4, 2012: UMaine Professors helps community with taxes! Professor Steve Colburn and his accounting students offer free tax help to the local Bangor community every year. Click here to see the story!
February 3, 2012
Dr. Vollmers and and Professor Coons had a paper accepted in the IMA Educational Case Journal (IECJ®) called “Budgeting for an Academic Department in a State University: Can you believe the numbers?”
February 1, 2012
A new MBS career series, called “What do I want to be when I grow up”, is designed to give our business students an idea of the different careers available in different industries and some of the jobs available within each industry. The first one was this past Monday, highlighting the insurance industry. The next one will be this coming Monday, Feb. 6 from 4-5 pm in DPC 217, highlighting the banking industry. Click here for more information
Discovering the entrepreneurial opportunity, by Dean Ivan Manev, Bangor Daily News, January 6, 2012.
“The discovery of the entrepreneurial opportunity is the first and most important phase of the entrepreneurial process.” Click here to read full story.
January 17, 2012
UM Accounting students provided free federal and state income tax assistance again this year under the supervision of Associate Professor Steve Colburn. Professor Colburn reviewed all tax returns before they were filed.
Image Description: UMaine Net Impact Students
Image Description: Dean Manev