Category: School of Management

Turning Customers Into Cultists

November 17th, 2014 in 2014, Newsmakers, School of Management, Susan Fournier, The Atlantic 0 comments

susan-fournier-300x300The Atlantic
Susan Fournier, School of Management

In the third week of September, thousands of people organized themselves into neat lines that snaked along the city blocks of New York, Seattle, London, and dozens of other cities around the world…

Expert quote:

“People are meaning-seeking creatures,” says Susan Fournier, a professor of management at Boston University. “The brands we buy and wear and use are symbols to express our identities. I don’t think any of that is diluted by the Internet.”

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Experts Media Alert: SCOTUS to hear challenge to Affordable Care Act

November 10th, 2014 in 2014, Abigail Moncrieff, Alan Cohen, Experts Media Alert, Kevin Outterson, News Releases, School of Law, School of Management, Stephen Davidson 0 comments

512px-Oblique_facade_2,_US_Supreme_CourtThe Supreme Court will review a unanimous federal appeals court ruling that upheld Internal Revenue Service regulations that allow health-insurance tax credits under the Affordable Care Act for consumers in all 50 states. Opponents argue that most of the subsidies are illegal. The following Boston University professor are available for comment and analysis:

Abigail Moncrieff is an associate professor of law and an authority on health-care law. She is quoted frequently on Obamacare and authored a piece on Boston.com in June 2012 titled “Why did the Supreme Court uphold the Affordable Care Act?”Moncrieff can be reached at 617-353-2212 or arm11@bu.edu.

Kevin Outterson is a professor of law and an authority on food and drug law, drug marketing, and director of the BU Health Law Program.  He also is editor-in-chief of The Journal of Law, Medicine & Ethics and blogs on health policy issues on The Incidental Economist. Outterson can be reached at 617-353-3103 or mko@bu.edu.

Profs. Moncrieff and Outterson led a team of BU Law students file four amicus briefs supporting the Affordable Care Act, which was heard by the Supreme Court in the spring. The work was cited by Supreme Court Justice Ruth Bader Ginsburg in her decision of Obamacare.

Stephen Davidson is a professor of healthcare management in BU’s School of Management and author of Still Broken: Understanding the U.S. Healthcare System. In October 2013, he wrote Opposition to Obamacare is maddening, a point-of-view piece for BU Today. He has also written several pieces on the Affordable Care Act for The Huffington Post. Davidson can be reached at 617-353-7422 or sdavidso@bu.edu.

Alan Cohen is a professor of health policy and management and the Program Director of the Robert Wood Foundation Scholars in Health Policy Research. Contact Cohen at 617-353-9222 or abcohen@bu.edu.

 

 

How pensions make investing too complex

November 8th, 2014 in 2014, Fortune, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1Fortune
Mark Williams, School of Management

Pricey consultants have convinced many pension funds to pile into private equity, real estate and hedge funds, which don’t necessarily promise higher returns or long-term investing…

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Bank of America’s Surprise Profit Is Wiped Out Amid Currency Probes

November 7th, 2014 in 2014, Bloomberg, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1Bloomberg
Mark Williams, School of Management

Bank of America Corp. cut third-quarter earnings by $400 million, wiping out the surprise profit it reported last month, as the firm braced for the end of probes into foreign-exchange dealings…

Expert quote:

“The attributes that make a strong currency trader is someone who’s aggressive and takes advantage of opportunities. If controls are weak or not enforced properly, they’ll take advantage of weaknesses in the system.”

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The liberating idea behind Prague’s bitcoin-only café

November 5th, 2014 in 2014, Mark Williams, Newsmakers, School of Management, Washington Post 0 comments

MarkWilliams1Washington Post
Mark Williams, School of Management

Step inside the newest coffeehouse on Dělnická street in Prague and it doesn’t take long to notice that something’s amiss. There’s no cash register, nor a counter where customers would typically form a line…

Expert quote:

“The fact that there’s a hard cap on how many bitcoins can be created means that it’s, by design, deflationary. The problem with that is that the instruments used to counter the broader effects that stem from the ebb and flow of the economy, such as lowering interests rates or printing money, just aren’t there.”

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Deutsche Bank Replaces Executives as Legal Expenses Soar

October 29th, 2014 in 2014, Bloomberg, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1Bloomberg
Mark Williams, School of Management

Deutsche Bank AG (DBK),Germany’s biggest lender, is replacing its finance and legal chiefs as mounting litigation expenses wiped out quarterly profit and the firm begins talks to settle probes into alleged market rigging…

Expert quote:

“The number and level of executives being replaced point to a house-clean. This type of regime change creates instability and you would only do it if you think it will restore stability.”

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When Companies Focus Only on New Customers

October 24th, 2014 in 2014, Kenneth Freeman, Newsmakers, OP-EDs by BU Professors, School of Management, Wall Street Journal 0 comments

FreemanKennethWall Street Journal (subscription required)
By Kenneth Freeman, School of Management

What one metric should top executives pay attention to, but often don’t?…

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Opinion: Is IBM’s Rometty up to the hard work ahead?

October 23rd, 2014 in 2014, James Post, Marketwatch, Newsmakers, School of Management 0 comments

PostJames (1)MarketWatch
James Post, School of Management

The pressure on IBM Corp. Chief Executive Officer Ginni Rometty is intensifying…

Expert quote:

“The business problems are mounting and the company needs vitality that comes from diverse views, not uniformity. This is fast becoming a board-governance issue.”

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Fed to Stress-Test Banks for Dire Stock, Housing Scenarios

October 23rd, 2014 in 2014, Bloomberg, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1Bloomberg
Mark Williams, School of Management

The Federal Reserve said it will scrutinize how 31 large U.S. banks, including JPMorgan Chase & Co. and Citigroup Inc., would respond to a plunge in equity and housing prices and a sharp downturn in the global economy…

Expert quote:

“The Fed is creating this theoretical test but then there is the reality of the market, and that’s what determines whether a bank fails. The events of the last two weeks appear to have influenced the Fed’s stress test for 2015. Those events, which were highly unusual, now become incorporated as a stress test baseline.”

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Millennials Are Changing the Socially Responsible Equation

October 22nd, 2014 in 2014, Kenneth Freeman, Newsmakers, OP-EDs by BU Professors, School of Management 0 comments

FreemanKennethWall Street Journal (subscription required)
By Kenneth Freeman, School of Management

Do I think companies have a social responsibility other than being as profitable as possible?  Yes. Corporate reputation matters in today’s world more than ever…

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