SMU Cox Professor Marcus Butts Researches Work-Life Balance
SMU Cox Associate Professor Marcus Butts researches topics including workday social media usage and inter-team dynamics.
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Press Releases
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Making Customers Pay Up May Backfire: Beware of Unintended Congestion
In new research by ITOM Professor Sreekumar Bhaskaran of SMU Cox and co-authors, they re-think the congestion challenge and offer a new perspective about the traditional approaches of using the levers of price and quality. Rather than solely using higher prices to reduce traffic, the authors offer more nuance with the idea of “consumption control.”
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SMU Ignited: Boldly Shaping Tomorrow
Delivering on the promise of partnership with the city it calls home, SMU is launching a $1.5 billion fundraising campaign focused on the opportunities created through scholarships, meaningful research and teaching and community.
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Supply Chain Players’ Generosity Pays Off Amidst Climate Risk
Professor Ruidi Huang of SMU Cox and his coauthors show how firms react to natural disasters and what actions can help supply chains stay resilient.
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Southwestern Graduate School of Banking Foundation Announces New Leadership
Jeff Schmid joins the Southwestern Graduate School of Banking (SWGSB) Foundation, headquartered at SMU’s Cox School of Business, as president and CEO effective Sept. 1. Schmid’s move comes as current President and CEO S. Scott MacDonald, Ph.D., retires from the position after 24 years of service.
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New Approach to Identifying Bellwether Firms: How They Influence the Future
In new research, Accounting Professor Sean Wang of SMU Cox and his co-authors identify a group of firms that move in tandem with the VIX and find that these firms essentially act as bellwether firms, microcosms of the market itself.
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Re-thinking Physical Spaces: Co-Location Helps Solve a Growing Mental Health Crisis and Workplace Issues Post-Pandemic
In new research by ITOM Professor Vishal Ahuja of SMU Cox and co-authors Alvarez and Staats, they show that proximity of physical spaces, that they refer to as co-location, matters.
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Dallas Startup Week |
August 1 - 5, 2021Dallas Startup Week brings together entrepreneurs and change-makers for a week-long experience, described as the largest entrepreneurial event in North Texas, to exchange ideas, collaborate, and grow alongside the 10th largest startup ecosystem in the US.
This year, Dallas Startup Week will be hosted in person at SMU Cox School of Business and Online through Brushfire.
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Financing Crypto Firm’s Projects: An Unlimited Token Offering?
With mature crypto projects in short supply, new research from Cox ITOM Assistant Professor Rowena Gan sheds light on the optimal design of “uncapped” initial coin offerings.
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Emissions Disclosures by U.S. Manufacturers Shows Reductions: The Reasons Why Surprise
This study is one of the first to quantify the effects of disclosing GHG emissions when the bulk of emitters transition from no disclosure to public disclosure.
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SMU Cox Dallas 100™ Names Clavis Capital Partners Area’s Fastest Growing Entrepreneurial Business
The event marks the Caruth Institute’s 30th Dallas 100 awards ceremony. It was live-streamed this year because of COVID-19. The online presentation was facilitated by business-to-business media provider MarketScale, one of this year’s Dallas 100 honorees.
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COVID-19 Pandemic Shines Spotlight on Coworker Compassion and Reforms
SMU Cox management and organizations associate professor Marcus Butts and his co-authors discover that coworkers are displaying more concern for and less mistreatment of ill colleagues rather than self-interested behavior in this time of COVID-19.
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Spatial Landscape Helps Determine Loyalty Programs’ Success
Starting in the airline industry in the 1980s, loyalty programs have been adopted in businesses such as hotels, casinos, retailers, grocery stores, and restaurants. In novel research, Marketing Professor Wayne Taylor of SMU Cox and co-author Brett Hollenbeck analyze the competitive “spatial” landscape surrounding the customer and identify actionable marketing insights.
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SMU Cox Public Firms a Fraction of Borrowers from Government Stimulus During Pandemic
New research by SMU Cox finance professor Anna Cororaton and Samuel Rosen of Temple University sheds light on which public firms applied for and received stimulus funds, in one of the first empirical studies of the unprecedented fiscal programs to help keep American businesses afloat during the pandemic.
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SMU Cox’s Vishal Ahuja Improves Patient Care
An assistant professor of information technology and operations management (ITOM) at SMU Cox and an adjunct professor of clinical sciences at UT Southwestern Medical Center, Ahuja leans on his years of experience in the corporate world to apply principles of operations management and data analytics to local healthcare data and improve patient outcomes and efficiency of care.
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National Security Law Deters Foreign Investment in the U.S.
SMU Cox Finance Professor Darius Miller examines the effects of the Foreign Investment and National Security Act on shareholder wealth and the U.S. economy.
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Brierley Institute Research Analyzes The Pandemic’s Effect On Retail, Travel And Entertainment
“Our biggest challenge is to spread the word from what we’re learning beyond the classroom to reach today’s marketers.”
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Visual Finance 101: Red Color Influences Investor Behavior
New research by SMU Cox marketing professor Milica Mormann and coauthors Bazley and Cronqvist reveals how the visual presentation of financial information impacts important financial decisions.
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SMU Cox’s Newest Professor Zhen Zhang Goes Beyond the Numbers
Meet professor Zhen Zhang, SMU Cox School of Business’ newest faculty addition. Zhang brings his substantive expertise in leadership and analytical methods to the School.
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SMU Cox Dallas 100 Announces 100 Fastest Growing, Privately Held Companies in Dallas Area
The SMU Cox Caruth Institute for Entrepreneurship has released the names of the entrepreneurial businesses that made it into this year’s coveted list of Dallas 100 companies.
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Who Fared Better or Worse After Wright Amendment Repeal? Deciphering Dallas’ Southwest Airlines Network Changes
Dallas Love Field and Southwest airline passengers received multiple boons when the Wright Amendment was repealed in late 2014. There were more nonstop flights and destinations, more gates at Love Field and reduced fares. Media stories reported that this policy reversal was a positive development. However, in new research, ITOM Professor Vishal Ahuja of SMU Cox and co-authors show that the repeal had some unintended consequences.
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SMU Cox Extends GMAT/GRE Test-Optional Policy
SMU Cox will continue to streamline application requirements, most notably its GMAT/GRE test-optional policy, for all SMU Cox graduate programs through August 2021.
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Why Most Startups Fail — and the Skills Needed for Their Success
Bhaskaran has studied what makes startups successful, with an emphasis on how entrepreneurs find a balance between their businesses’ short-term survival and their long-term profitability. It’s a trade-off at the heart of a research paper he co-authored in 2019 entitled, “Sequential Product Development and Introduction by Cash-Constrained Start-Ups.” We spoke with him about why most startups fail and the skills needed to facilitate their success.
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The Benefits of Telemedicine as a Form of Continuity of Care
Vishal Ahuja's empirical study examined the impact of maintaining continuity of care in a primary care setting. For Ahuja, the research was personal, and a goal was set: Capture the value.
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The Scientific Pros and Cons of Virtual Meetings — and How They Affect Business
The COVID-19 stay-at-home orders have created a dependence on the use of videoconference platforms and telepresence. We spoke to Professor Amit Basu, who conducted an empirical study on the effectiveness of such technologies, for his insights.
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SMU Cox Announces New MBA Program: Cox MBA Direct
The Cox School of Business announced today the Cox MBA Direct, a new path toward earning a Master of Business Administration (MBA) for recent college graduates with less than two years of post-degree work experience, including Class of 2020 graduates completing their undergraduate degrees this month. The new Cox MBA Direct program will allow recent college graduates who are working full-time to begin MBA studies online upon completion of their undergraduate degree. It will also prepare them to secure MBA-level employment by obtaining needed work experience as they complete their MBA degree.
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Raynelle “Raye” Anwukah honored by Poets&Quants among Best & Brightest 2020 MBAs
Congratulations, Raynelle “Raye” Anwukah, Cox Full-Time MBA Class of 2020, for being recognized among the 2020 Best & Brightest MBAs by Poets&Quants. “In her nearly two years in the SMU Cox Full-Time MBA program, Raynelle “Raye” Anwukah has shown incredible resiliency, leadership, and growth . . . Raye has also exemplified extraordinary leadership skills. She is a merit scholar, a Forté fellow and an officer in five Cox graduate clubs.”
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Maintaining Continuity in Challenging Times
In his paper “An Empirical Study of the Effectiveness of Telepresence as a Business Meeting Mode,” Information Technology and Management Journal, 2016, Professor Amit Basu reported on a large-scale empirical study of the use of various virtual meeting technologies in business meetings.
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SMU Cox Announces GMAT/GRE Waivers and Extended Application Deadline
SMU Cox Graduate Admissions waives GMAT, GRE, TOEFL, & Executive Assessment requirements until September 2020. Graduate Admissions will also consider applicants for Fall 2020 until August 2, 2020.
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Cox School Announces 2020 Alumni Honorees
The SMU Cox School of Business will honor four alumni at its annual Distinguished Alumni and Outstanding Young Alumni Awards Luncheon on Friday, May 1. This year’s Distinguished Alumni Awards honorees will be Kelly H. Compton, BBA ’79 and William (Bill) A. Hall, BBA ’67 and MBA ‘68. The 2020 Outstanding Young Alumni honors will go to Mark A. Lau, BBA ’06 and Courtney N. Naudo, BBA ’01.
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Perkins, Cox Offer Sequenced Graduate Degree Programs
Perkins School of Theology and Cox School of Business announce the creation of cooperative, sequenced degree programs between the two Southern Methodist University graduate schools.
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Maguire Energy Institute Honors Two Prominent Energy Leaders
The Maguire Energy Institute at SMU Cox School of Business will present Kenneth Hersh, president and chief executive officer of George W. Bush Presidential Center, with the L. Frank Pitts Energy Leadership Award at a luncheon ceremony Friday, February 21, on the SMU campus.
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Larger Banks Lead to Less Economic Mobility
Over the last several decades, consolidation in the banking industry has created larger banks, according to new research by SMU Cox Finance Professor Erik Mayer, leading to some negative effects for low-income households.
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Accounting in the Age of Knowledge: Making Intangibles Tangible
In ambitious research, SMU Cox Accounting Professor Sean Wang and his co-authors develop a new way to measure intangible assets that has been lacking for decades.
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Digital Piracy in the Age of Knowledge: Innovation the Key
In a new study, strategy professors Julian Kolev and Wendy Bradley analyze the link between digital piracy and innovation for technology firms in the software business.
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Farmers Branch-based Ontronics Takes Top Entrepreneurial Spot in Dallas
The Dallas 100, the Caruth Institute’s annual celebration of the entrepreneurial spirit, announced the fastest-growing, privately-held companies in rank order from No. 100 to No. 1 before a crowd of nearly 1,000 people at the Omni Hotel Thursday in downtown Dallas.
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In Broad Daylight: Where the Smart Money Shorts Stocks
Mystery and speculation shrouds short sellers, also known as the “smart money.” Who are they? Where do they trade and why? In new research, Finance Professor Mehrdad Samadi of SMU Cox and co-authors provide the first evidence of short sellers, or informed traders, trading venue of choice.
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Internet Learning: Are We Outsourcing Our Memory?
Vast amounts of knowledge are at our fingertips owing to the Internet. As we continually immerse ourselves in the online world of information, what are the cognitive effects of it? This fundamental question is on the mind of Marketing Professor Matthew Fisher of SMU Cox in new research about Internet learning and its consequences. According to Fisher, little research about the subject has occurred to date in understanding this phenomenon.
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Future of Online Markets: Increasing Mobile Channel Differs From PC Channel
The mobile channel is poised to be the future of online markets, according to ITOM Professor Tom Tan of SMU Cox. And, retail operations managers should not blindly treat the mobile channel like the conventional PC channel. In a working paper, Tan and co-author Nitish Jain make important contributions to innovative retail practices and operational decisions.
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Cross-border Investing: Increasingly Important for Start-Ups and Growth
Cross-border venture capital investments play an important role in the scaling up of high growth companies, according to Strategy Professor Wendy Bradley. Foreign capital, expertise, and the networks that accompany cross-border investments are welcome by start-up ventures. However, a concern is that they transfer the majority of economic activity to the investor country. In new research, Bradley of SMU Cox and her co-authors examine cross-border venture capital (VC) investments and its implications for public policy. “There is a need for cross-border investments and partnerships for the advancement of science and economic growth,” says Bradley.
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Informed Investors Crucial for Shareholder Democracy
Firms with strong corporate governance are like democracies, according to Finance Professor Nickolay Gantchev. Through their proposals and votes, shareholders can determine the broad direction of a company. In new research, Nickolay Gantchev of SMU Cox and Mariassunta Giannetti study the effectiveness of this low-cost form of shareholder activism. “Like a democracy, if you have more informed shareholders, when they vote, they can figure out which are good proposals, and prevent the bad ones from passing,” says Gantchev.
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Three High Profile Energy Industry Leaders Honored at SMU Cox
The Maguire Energy Institute at SMU Cox School of Business presented Tim Leach, Chairman and Chief Executive Officer of Concho Resources Inc., with the L. Frank Pitts Energy Leadership Award at a sold-out luncheon ceremony on Tuesday, April 9 on the SMU campus. At the same event, two iconic oil industry entrepreneurs and longtime supporters of SMU, Bobby B. Lyle and Cary M. Maguire, were honored with the Maguire Energy Institute Pioneer Award.
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SMU Cox Latino Leadership Initiative Showcased at Hispanic Leadership Summit
LLI Director Shares Perspectives on Higher Education’s role in Advancing Latinos
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Preparing Tomorrow’s Marketing Students Begins with Well-Prepared Educators
The rapidly changing field of customer engagement — how marketers attract long term customer brand loyalty — was the focus of the third annual Professors Institute at SMU Cox. The school’s Brierley Institute for Customer Engagement hosted the event in January, in partnership with Marketing EDGE, a national nonprofit with a track record of connecting students, academics and professionals to the resources they need to stay ahead.
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How to Navigate Today’s Multi-Teaming Organization
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Latest Hart Gift Advances Technology, Innovation & Entrepreneurship at SMU
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SMU Cox Launches New Online MBA
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Ambiguous Texas Shoplifting Laws May Be Applied Inconsistently By Police
For more than three years, ambiguous wording in the Texas Penal Code led to inconsistent treatment of black and white arrestees for low-value shoplifting, according to a new study by a professor at Southern Methodist University.
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Shoppers Changed Up Retail Store Choice in Hard Times
SMU Cox Marketing Professor Chaoqun Chen analyzes how consumers shop around various retail formats and how their behavior changed during the Great Recession. Her findings uncover truths about how consumers from different income levels adjusted to a new normal in their weekly treks.
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Premier Marketing Experts Opine about Engaging Customers in a World of Disruption
How do businesses use Customer Engagement as a competitive tool to combat disruption? A panel of marketing experts pondered that question at a recent symposium titled “Engaging Customers in a World of Disruption,” hosted by the Brierley Institute for Customer Engagement at SMU Cox School of Business.
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Insurers' Product Evolutions a Source of Systemic Risk
Just when “simple" worries about the economy and the elections were on our minds, a new source of risk to the financial system emerges…
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SMU Cox Dallas 100™ Names Revolution Retail Systems No. 1 Entrepreneurial Company in Dallas Area
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Solving the Billion Dollar Challenge of High Drug Development Costs
What if clinical trials could be conducted faster, required fewer patients, cost less, and led to improved health? "Our approach is good for patients, companies, and the public health at large, which would come from needed drugs being on the market sooner," states Vishal Ahuja, ITOM professor at SMU Cox.
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Financial Protectionism Deters Investment and Costs Shareholders
At a time when capital has never been more mobile and available, financial protectionism is on the rise. The costs of these economic nationalistic policies are little known however. In new research, SMU Cox Finance Professor Miller and co-authors reveal the important consequences of government-related incursions in deals between foreign and domestic companies and the resulting decline in shareholder value for a wide range of industries.
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The Economics of Attention: A Valuable Commodity That's Hard to Measure
The new scarce resource is attention, notes Marketing Professor Milica Mormann of SMU Cox. "We live in an attention economy, and our attention is limited." Through a multi-disciplinary approach, Mormann and co-author Cary Frydman reveal how attention is operating to influence economic choices in their novel research. "Attention is the step that leads a manager or consumer toward an action," she states. "We know we have about eight seconds to deliver a message on social media, in a TV ad, or for an investing decision or health care choice. But we do not know exactly how attention operates, in spite of the industry performing studies to gauge attention."
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Hedge Fund Activism Shows Firms a Better Path
When it comes to corporate governance, hedge funds are the new sheriffs in town. That’s the take-away of “Do Activists Turn Bad Bidders into Good Acquirers?” Associate Professor of Finance Nickolay Gantchev and his co-authors reveal new insights about the mergers and acquisitions strategy of firms that shareholder activists target.
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CEOs "Style" of Information Processing Reflected in Growth Strategies
Getting inside the mind of the chief executive officer is a difficult research avenue. Knowledge about how CEOs process information, their cognitive style, has been relatively sparse. Strategy Professor Daniel Zyung of SMU Cox and co-authors unpack the cognitive mechanisms of CEOs in new research — and reveal how and why it matters. "Basically, this is a study about CEOs’ information processing style," Zyung says, "with many important implications, including their firm’s growth strategies."
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SMU Cox Dallas 100™ Names J.W. Logistics, LLC No. 1 Entrepreneurial Company in Dallas Area
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U.S. Shale Oil is Plentiful and Competitive, New Research Suggests
The emergence of U.S. shale oil has expanded the global supply of oil. New research notes that the long-run impact of shale oil will depend on how much can be produced and how much it will cost. Few have good answers. In recent research, finance professor and energy expert James Smith of SMU Cox with co-author Thomas Lee determine what portion of known shale resources are economically viable at various price points and how many wells are likely to be drilled. So far, only a small portion of drilling sites have factored into the shale oil boom, according to Smith, and we have only depleted a fraction of U.S. shale resources.
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Gatekeepers Hold Key to Lower Costs in Health Care
The U.S. healthcare system is the most expensive system in the world. Identifying ways to lower costs and have better health outcomes is a primary goal for health care managers and providers, policymakers and consumers. In new research, ITOM Professor Vishal Ahuja of SMU Cox and co-authors show that better continuity of care lowers costs and wasted effort, reduces time to see specialists, and produces significant savings in hospital system resources. They identify how "gatekeepers" are key to a more optimal and healthier system.
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Saving Retirement: Government Subsidy to Investment Industry Shortchanges Savers, Taxpayers
As policymakers around the globe continue to debate options to incentivize retirement savings, new research uncovers some game-changing facts. The two main competing options consist of traditional tax-deferred savings vehicles like 401(k)s and IRAs, in which savers contribute pretax money and pay tax on withdrawals, or Roth-type plans, whereby savers pay taxes first and withdraw funds tax-free upon retirement. Which type of scheme is better depends on which side of the table one sits. In their paper, SMU Cox Finance Professor Mattia Landoni and co-author Zeldes discover that under a Roth-type regimen, government fares better, largely because of the investment fees that government implicitly pays in traditional tax-deferred accoun
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Avoiding the Next Liquidity Crunch: Bond Mutual Funds May Save the Day
Regulators of financial markets, including the Federal Reserve Bank and the Securities and Exchange Commission, worry about a liquidity crisis in the corporate bond market. The financial market crisis of 2008-2009 involved domino-like liquidity shocks and regulators wish to steer clear of them if they can help it. In new research, SMU Cox Finance Professors Venkataraman and Jotikasthira show that some bond mutual funds are filling the role of a liquidity supplier, alongside a decline in dealer participation in market-making activities.
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Is Crowdsourced Investment Research Here to Stay?
Today, many crowd-sourced investment research venues and platforms co-exist on the Internet, with new competitors continuing to arrive on the scene. These new entrants are becoming a source of information for investors and capital markets that rival the incumbent sell-side analyst research model. Technological innovation is making it so, along with smart entrepreneurs identifying market opportunities. In new research, SMU Cox Accounting Professor Stanimir Markov and co-authors examine how this increased competition is shaking up the status quo.
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who is moving modern markets
The findings will help inform policymakers’ rulemaking to prevent future crashes and better design market structures.
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Al Niemi announces plans to step down as dean of the SMU Cox School of Business
Veteran administrator will continue to serve on Cox faculty
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SMU Cox undergraduate degree program ranked no. 21
The SMU Cox School of Business Bachelor of Business Administration (BBA) degree program remains ranked at no. 21 in the nation in Bloomberg Businessweek’s 2016 Ranking of Best Undergraduate Business Schools.
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SMU’S NATIONAL CENTER FOR ARTS RESEARCH (NCAR) RELEASES SECOND ANNUAL ARTS VIBRANCY INDEX
Six New Cities Added to the Top 20 Lists of Arts Vibrant Cities in the U.S. Data-driven Assessment Ranks Cities by Arts and Cultural Assets
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SMU COX STUDENTS GAIN NEW ENERGY INVESTMENT LEARNING RESOURCE
The state-of-the-art Sheffield Lab will give students a unique experiential learning opportunity as they prepare to enter the energy industry. The hands-on learning space is dedicated solely to the advancement of energy investment-related education.
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Big Data: Using Data Analytics to Enhance Drug Safety
The use of big data in the health care industry, the largest sector of the economy, offers many benefits for the overall economy, businesses, and the health and well-being of people. In a first-of-its-kind study, SMU Cox ITOM Professor Vishal Ahuja and co-authors show how the use of data can validate life-changing health care findings. Additionally, this new approach using big data demonstrates how regulatory agencies can advance their governance missions by monitoring public safety with more robust, real-time analytical methods.
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Analyst/Investor Days Recognized as Important Corporate Communications
With literally troves of corporate information available online for analysts to sift through, how can firms differentiate their message and convey complex, meaningful information to those who need it? The increasing number of analyst days, a long-form presentation by publicly-listed companies, indicate a trend toward a greater demand for face time with management. In novel research, Accounting Professor Stan Markov of SMU Cox and co-author Marcus Kirk study analyst/investor days as a disclosure medium that large firms with complex operations use to deepen stakeholders' understanding about the firm's outlook and valuation.
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Deal or No Deal: Are People Hard-Wired to Agree?
Are people hard-wired to reach agreement, even when a deal is less than optimal or below a bottom line? According to new research by Management Professor Robin Pinkley and co-authors, as if force of habit, when faced with an offer people are reaching agreements and sealing deals when not agreeing might be a more rational choice. This phenomenon is based on the tendency of people being averse to impasse and attracted to agreement.
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Rational Investment Decisions: Shale Gas Not Over-Drilled
The oil and gas industry has received a bad wrap about drilling for shale gas. Since late 2008, when prices collapsed owing to demand destruction from the economic crisis and an abundance of supply, prices of natural gas have remained low. From an all-time high of $14 per mcf (thousand cubic foot) they have fallen to under $3 today. Critics have charged that too many gas wells have been drilled given the low prices, and that the gas boom is unsustainable. SMU Cox Finance Professor James Smith's new research says the facts do not support that claim.
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Outdated Convention Distorts Oil and Gas Firms' Bottom Lines: Valuing Barrels Better
The conventional method used by the oil and gas industry to report on upstream operations and results distorts profitability and valuations. Industry practice is to use "barrels of oil equivalent" or BOE— a measure that combines oil and gas volumes based on thermal parity, or the energy content of the source. Research by Finance Professor James Smith, the Maguire Chair of Oil and Gas Management, shows why and how the BOE convention has overstated the cost of adding reserves, the principal asset held by these firms. This comes at a time when the industry can scarcely afford miscalculations to their detriment.
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Why Do Some Firms Announce Stock Buybacks But Not Follow Through?
Companies buy back stocks for a variety of reasons. One rationale is a key motive for a new study: Managers of undervalued firms use stock repurchases as a mechanism to signal firm value. Curiously, Finance Professor Stacey Jacobsen of SMU Cox and co-author Utpal Bhattacharya find a large number of firms announce share repurchases but do not actually follow through with the buyback. The stock market tends to view repurchase announcements as good news, according to its reaction.
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Shareholder Voting and Activism Influences Foreign Firms' Governance
In the U.S., shareholder voting and activism is increasingly used to influence firm policy. New research by SMU Cox Finance Chair Darius Miller and co-authors suggests that shareholder voting can be an effective governance mechanism in countries outside the U.S. "This is important," says Miller, "since in many countries outside the U.S., the need for governance is greatest." The authors set out to test shareholder activism in global markets in a first-of-its-kind, large-scale study. Prior to this paper, there was not any evidence on whether shareholder voting in other countries was effective or not.
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