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UTSA BUSINESS

ANNUAL REPORT 2006

“SAN ANTONIO DRAWING WINDOW” BY DALE CHIHULY is featured on the second floor of the Business Building. Stepping out of his usual realm as a blown-glass artist, Chihuly designed this piece to create his own version of a stained-glass window. “San Antonio Drawing Window” features eight glass panels with abstract, hand-painted images.

KNOWLEDGE FOR A NEW WORLD™ UTSA BUSINESS TABLE OF CONTENTS

ADMINISTRATION DEPARTMENT CHAIRS FEATURES

DEAN ACCOUNTING Dr. Lynda de la Viña Dr. James E. Groff, interim

SENIOR ASSOCIATE DEAN ECONOMICS Dr. Daniel Hollas Dr. Kenneth Weiher

ASSOCIATE DEAN, FINANCE DOWNTOWN Dr. Keith Fairchild Dr. Juan Gonzalez INFORMATION SYSTEMS ASSOCIATE DEAN, AND TECHNOLOGY EXECUTIVE EDUCATION MANAGEMENT Dr. Robert Lengel Dr. Glenn Dietrich BUSINESS AS USUAL IN BRAZIL CONTENTS MANAGEMENT ASSOCIATE DEAN, Dr. Robert Cardy INTERNATIONAL AFFAIRS Page 5 Dr. Don Lien MANAGEMENT SCIENCE MESSAGE FROM THE DEAN 2 AND STATISTICS ASSOCIATE DEAN, Dr. Nandini Kannan GRADUATE STUDIES AND RESEARCH Dr. Diane Walz MARKETING ADMINISTRATION Dr. Joel Saegert 4

ASSISTANT DEAN, UNDERGRADUATE STUDIES Dr. Lisa Montoya SETTING THE ACADEMIC PROGRAMS 5 STANDARDS FOR ASSISTANT DEAN, UNDERGRADUATE FUTURE ACCOUNTING PROFESSIONAL PRACTICES DEVELOPMENT FACULTY FORUM 9 Patrick Valdez Page 9

ANNUAL REPORT STAFF FACULTY PUBLICATIONS 15 EDITOR Wendy Frost

COPY EDITORS STUDENT SPOTLIGHT 19 Lety Laurel Rebecca Luther ACCOUNTING STUDENT HONES HIS SKILLS PHOTOGRAPHY PARTNERSHIPS 21 Patrick Dunn DURING NATIONAL Mark McClendon INTERNSHIP EXPERIENCE DESIGN Pale Design ALUMNI NOTES 24 Page 19 UTSA Business is an annual publication for alumni, faculty, staff and friends of the UTSA College of Business. ADVISORY COUNCIL 28 UTSA COLLEGE OF BUSINESS ONE UTSA CIRCLE SAN ANTONIO, TEXAS 78249 (210) 458-4313 WWW.BUSINESS.UTSA.EDU COMMUNITY PARTNERSHIPS SUPPORT COLLEGE OF BUSINESS VISION

Page 21 MESSAGE FROM THE DEAN

THEMATICS LEAD THE COLLEGE’S CAPITAL MARKETS QUEST FOR EXCELLENCE In addition to our Department of Finance ranking, Dr. Don Lien, the Richard S. Liu Distinguished Chair in Business, and Dr. Yiuman Tse, professor of finance, were named the number one and number by Dean Lynda de la Viña 20 ranked finance professors in the world. Dr. Cheryl Linthicum, associate professor of accounting, recently returned from a one-year academic fellowship at the Securities and Exchange Commission, While my first year as dean was focused on planning and visioning, this past year has centered on the and we’ve recently hired Dr. Hamid Beladi, a leading international economist. Dr. Beladi is the editor convergence of execution and implementation. of two international economic journals that are now based in the College of Business—the International Review of Economics and Finance and Frontiers of Economics and Globalization. Lastly, we are in the The goal that the faculty and college administration set for the college was to raise our academic profile process of developing a new Ph.D. in financial and international economics and in establishing a finan- to become one of the nation’s best business schools. As you’ll see in this annual report, we’re already cial trading lab for our students. on target to meet these milestones. The college has received numerous accolades including the recent ranking of our finance department as one of the top 100 programs in the country; the top 10 ranking of TRANSFORMATIONAL LEADERSHIP/ENTREPRENEURSHIP our MBA program for minorities by the Princeton Review; and our number two ranking nationally for the The Center for Professional Excellence leads our efforts in transformational leadership. This year the number of undergraduate business degrees awarded to Hispanics. And, as we were going to press, the CPE has hosted leadership development programs for the Air Force Intelligence Agency, NSA, the College of Business received the Brillante Award for Educational Excellence from the National Society UT-Health Science Center Medical School and Zachry Construction Corporation. Dr. Ken Allard, of Hispanic MBAs, recognizing us as the top MBA program. former dean of students at the National War College, has joined our faculty to develop security-based leadership training for homeland security and the national intelligence communities. In convergence Throughout 2006, the college has been moving to capitalize on the five threads of distinction that we with these efforts, the college has established a new partnership with the James MacGregor Burns have identified as our comparative advantages: globalization/cultural pluralism, security, capital Academy of Leadership at the University of Maryland to co-develop leadership programs. These pro- markets, transformational leadership/entrepreneurship and health/technology. Here I’d like to share grams run in concert with the CPE’s innovative Executive MBA program, which provides a unique with you the accomplishments and strategies that we are employing to move forward our vision to educational experience for individuals preparing for strategic leadership responsibilities. Leading our leverage these thematics. entrepreneurship efforts, Dr. Cory Hallam has been hired to direct the new Center for Innovation and Technology Entrepreneurship, which is a joint program between the College of Business and the GLOBALIZATION/CULTURAL PLURALISM College of Engineering. He will be teaching in the college’s Management of Technology program. As Thomas Friedman wrote, “The World is Flat,” and in recognition of this business reality we must expose our students to the internationalization of business. We have expanded study abroad and exchange opportunities for our students, and this summer the college launched a Brazilian immersion THE COLLEGE OF BUSINESS program for undergraduates that is featured in this report. In addition to developing opportunities for our students, we are also developing opportunities for our faculty. Dr. Victoria Jones joined the college IS DEDICATED TO CREATING AND SHARING KNOWLEDGE. faculty to lead the new Business Studies for the Americas program. She is also the newly appointed executive director of the Business Association of Latin American Studies (BALAS). The UTSA College of THE COLLEGE COMBINES RIGOR WITH RELEVANCE Business is now the headquarters of BALAS, the largest business academic association in Latin America. In collaboration with this new program, we are developing a Spanish-language undergraduate AND PROVIDES INNOVATIVE SOLUTIONS certificate program for our students as well. TO GLOBAL BUSINESS CHALLENGES.

The expansion of these programs complements our robust programming in Asia. Through the generos- ity of donor the college has established prominent MBA and Executive MBA exchange Richard Liu, HEALTH/TECHNOLOGY programs with China. At the MBA level, the program has expanded to six universities with the addition As the only business college in the UT-System co-located with a Health Science Center, it is imperative of Shanghai Maritime University. The EMBA program features participants from the Shanghai Education that the College of Business leverage this positioning to launch innovative programs in the business Centre for Administrators and executives from Tianjin. Lastly, the College of Business has established a of health. The college currently offers an MBA concentration in health care management, and we are new Center for Global Entrepreneurship, which is positioned to meet the educational and career needs exploring partnership opportunities with the UTHSCSA to develop dual degree programs. We have also of entrepreneurs in the emerging markets of the world. begun the process to formally accredit our health care program with the Commission on Accreditation of Healthcare Management Education. This fall we launched a new Ph.D. program in applied statistics SECURITY with an emphasis in biostatistics that is being taught jointly by faculty at the UTHSCSA, and we received UTSA is one of 60 universities designated as a Center of Academic Excellence in Information Assurance a $900,000 grant by the National Science Foundation to prepare future biomedical researchers. education by the National Security Agency (NSA). This designation was based on the curriculum and Important to the continuation of this focus area is the appointment of Dr. Dana A. Forgione as the programs in the College of Business. We offer programs at the undergraduate, graduate and doctoral recipient of the Janey S. Briscoe Endowed Chair in the Business of Health. levels in information assurance and security (IAS). Our academic programs and research focus on how businesses can protect their assets and maintain secure transactions for their clients. Based on the IAS I have briefly highlighted some of our accomplishments in our five focus areas, and I encourage you to research that we are doing in the college, we have been awarded more than $500,000 in grants from read this year’s report to learn more about our successes in all areas of the College of Business. It is my NSA over the past two years. This year we will be looking to fill the new AT&T Endowed Chair in charge as dean and my personal mission to keep us focused on this path of distinction. I look forward Infrastructure Assurance and Security. This new position will further establish our preeminence in the to your continued support and patronage to help us achieve these goals. ■ IAS area.

2 3 ADMINISTRATION ACADEMIC PROGRAMS

COLLEGE NAMES NEW ADMINISTRATIVE LEADERS Business as Usual in Brazil Throughout the past year, new administrators have been appointed to lead the college’s downtown operations and undergraduate initiatives.

of public affairs from the University of Denver. Dr. bining theory with practice, students will be given Montoya’s research interests include economic access to a well-rounded portfolio of academic, development policy, health care policy and the eco- career readiness and leadership training programs. nomic impacts of micro-lending. The center will also provide employers and recruiters with a single point of contact for industry- She also is director of the Latino Financial Issues specific and discipline-specific placement needs Program, which is funded by a grant from the Casey “My goal was for students directly from the College of Business. DR. JUAN GONZALEZ Foundation. The Latino Financial Issues Program is Associate Dean for to become familiar with the issues and Downtown Campus a yearlong course of study and service learning to teach students community economic development complexities that affect international In January, Dr. Juan Gonzalez was named asso- policy. Students, known as LFI Scholars, interact ciate dean for the Downtown Campus in the UTSA markets and to learn how to adapt with city, state and national leaders and work in College of Business. Dr. Gonzalez handles all down- area high schools to promote financial literacy. The town administrative operations for the college. management activities to the Brazilian program is a partnership between the College Teaching at UTSA since 1983, Dr. Gonzalez is an of Business and ACCION Texas, the largest micro- market situation.” associate professor of management science. He business lender in the state. NIKI STUTZMAN —DR. VICTORIA JONES received a doctorate in production/operations Director of Undergraduate management and a master’s in international Advising IMMERSION PARTICIPANTS MEET WITH JORGE AGUIRRE, RESTAURANT ENTREPRENEUR AND business from the University of South Carolina and BRAZILIAN PIZZA HUT EXECUTIVE. Niki Stutzman leads the college’s Undergraduate his bachelor’s in chemical engineering from the Advising Office, which services more than 5,000 Exploring the complexities of international markets, discovering cultural “This trip was an opportunity of a lifetime for me,” said Ariel de la Cruz, a Universidad Nacional Autónoma de México. undergraduates. She previously had worked as an differences among Brazilian consumers and learning adaptive manage- junior majoring in international business and finance. “It opened my mind to His research interests include multiple objective academic adviser in the college since 2003. ment practices were the hallmarks of an inaugural business immersion the global market and allowed me to learn about Brazilian business culture. decision making, integer programming, production course that featured field experiences in São Paulo, South America’s busi- I am truly thankful for the privilege of being part of this experience.” PATRICK VALDEZ “Niki came into this job with impressive creden- planning and scheduling, and quality management Assistant Dean ness capital, and Rio de Janeiro. tials,” said Dr. Daniel Hollas, senior associate Other student participants in the class were Geoff DeLaune, Mitchell and control. for Undergraduate Professional dean for the college. “She brings a unique blend Brazilian Business Dynamics, an undergraduate marketing course, was Feichtinger, Paul Rafael, Marvin Smith and Alberto Sotelo. Development “Dr. Gonzalez excels in this role,” said Dean of knowledge, experience and creativity to her taught this summer by Dr. Victoria Jones, associate professor of market- The Business Studies for the Americas (BSA) program gives strategic Lynda de la Viña. “His experience at UTSA and Patrick Valdez leads the college’s new Center for new role.” ing and director of the Business Studies for the Americas program. The focus to the Latin American activities in the College of Business. BSA pro- his collegiality among the faculty allow him to run Student Professional Development. In this role, he intensive class included six business students. Dr. Mark Suazo, assistant Prior to joining UTSA, Stutzman had served as busi- grams develop the academic and professional skills of students and an efficient administrative office and to provide develops external relationships with local, regional professor of management, participated in the field experience. ness manager and director of undergraduate pro- enhance faculty research. ■ excellent support and service to our students and national business leaders in the pursuit of grams for the Bauer College of Business at the During the course, the students were trained in Brazilian business and faculty located downtown.” greater career opportunities for business students. University of Houston. She has over 18 years of practices and introduced to top-level corporate executives, including the He also advises and assists students in preparing experience in university management and holds a vice president of marketing for Globo Television, the strategic planning for internship and postgraduation job opportunities bachelor’s in marketing and an MBA from the Bauer director of Whirlpool Brazil, the director of partner relations for Embraer by hosting career management workshops and College of Business. ■ aircraft manufacturing and the president of Embratel. certification programs. “This course gives students an introduction to the challenges of doing Prior to joining the college, Valdez directed commu- business internationally by comparing U.S. practices with those of Brazil,” nity outreach programs at UTSA and served as the said Dr. Jones, who previously served as associate dean for international executive director of leadership development for DR. LISA MONTOYA relations at Brazil’s top business school. “My goal was for students to the Hispanic Association of Colleges and Assistant Dean become familiar with the issues and complexities that affect international for Undergraduate Universities. With more than seven years of experi- Studies markets and to learn how to adapt management activities to the Brazilian ence working in student development, Valdez also market situation.” As assistant dean for undergraduate studies, Dr. served as assistant director of student life at St. Lisa Montoya directs undergraduate programs Edward’s University. He holds a master’s in student Prior to the immersion experience, students were presented with an intro- for the college, oversees the college’s undergradu- personnel administration from Columbia University duction to the history, culture and socioeconomic conditions of the region. ate advising office and spearheads mentoring activ- and a bachelor’s in international studies from St. The students then participated in the immersion program in Brazil, which ities including the college’s award-winning Business Edward’s University. consisted of corporate visits, academic presentations by Brazilian scholars Scholars Program. and cultural activities. Upon returning to San Antonio, the students The Center for Student Professional Development received additional coursework that culminated in a business adaptation Dr. Montoya holds a doctorate from Washington will complement the college’s current academic group project and an individual reflective essay. University in St. Louis, a master’s of public affairs programming with enhanced professional develop- from Arizona State University and a bachelor’s ment resources and services for students. By com- 4 5 ACADEMIC PROGRAMS

“Nationally MBA programs average only a 4.5 areas. The faculty includes individuals with exten- FIRST BUSINESS DOCTORAL STUDENTS COMPLETE percent Hispanic student body, yet UTSA is leading sive publication records in biostatistics, discrete THEIR DEGREES the nation with more than 34 percent of our graduate distributions, multivariate analysis, time series Following four years of long hours, countless reading assignments and a dissertation defense, the first 10 body being Hispanic,” said Dr. Diane Walz, asso- analysis and survival analysis. business doctoral students in the college have successfully completed their degrees. ciate dean for graduate studies and research. “This Statisticians are in very high demand in the growing is crucial as the demographic shift in the United , finance, was the first to defend his dissertation and complete his academic program in biomedical field to develop methods for evaluating Dr. Ju Xiang States will soon reflect a larger Hispanic population. December. Through this summer, nine more students completed their studies and have embarked on the efficacy and safety of new medications, Our students are valuable assets to national compa- successful academic careers at prominent universities. surgeries and other treatments and in the support nies looking to boost their minority representation in of cutting-edge research in the biomedical sci- “I’d like to express my appreciation to the College of Business,” said Dr. Xiang. “I will remain forever response to this need.” ences such as genetics, neurosciences and geron- indebted to the superb group of faculty and staff in the College of Business. They have each made this For the fifth consecutive year, the college’s under- tology. Places of employment for graduates include program successful.” graduate program was ranked No. 2 in the nation for health science centers, pharmaceutical and finan- Spring graduates were Dr. Craig Armstrong, Dr. Paramita Bandyopadhyay, Dr. Tammy Beck, the number of Hispanic undergraduates who com- cial industries, the National Institutes of Health, Dr. Art Conklin, Dr. Brian Daugherty, Dr. James Hackard, Dr. Juan Manuel Sanchez, Dr. plete their degrees in business. This ranking is com- Centers for Disease Control, National Cancer Wayne Tervo and Dr. Stephanie Thomas. Each have accepted faculty positions at leading institutions piled by the Hispanic Outlook in Higher Education. Research Institute and the Census Bureau. ■ such as the University of Wisconsin, University of Arkansas, California State University Long Beach, Southern Of the college’s 5,000 undergraduates, 46 percent Illinois University, University of Houston and Mississippi State University. are Hispanic and 57 percent are minorities. ■ UNDERGRADUATE DEGREE “I visited five campuses and had five job offers,” said Dr. Daugherty, who had previously worked for 15 PROGRAM ADDED IN REAL years as an auditor with Arthur Andersen. “I firmly believe that the faculty wanted us to succeed as much NEW DOCTORAL PROGRAM ESTATE FINANCE AND as we did.” DEPARTMENT OF FINANCE FACULTY MEMBERS (LEFT TO RIGHT) RAJAN KADAPAKKAM, YIUMAN TSE, KEITH FAIRCHILD, KARAN LAUNCHED IN APPLIED DEVELOPMENT BHANOT, THOMAS THOMSON, RON RUTHERFORD AND LALATENDU MISRA CELEBRATE THEIR NATIONAL RESEARCH RANKING. The college has offered a Ph.D. in business administration since 2002, with concentrations in accounting, STATISTICS The college has implemented a new bachelor’s finance, information technology, and organization and management studies. Beginning in fall 2006, a new FINANCE DEPARTMENT COLLEGE’S ACADEMIC Beginning this fall, the College of Business offered of business administration degree in real estate Ph.D. in applied statistics with a concentration in biostatistics has been added. ■ RECEIVES NATIONAL PROGRAMS RECOGNIZED a new doctoral degree in applied statistics with a finance and development. The degree is designed RANKING Both the college’s undergraduate and graduate concentration in biostatistics. With 11 students in for students interested in managing businesses The UTSA College of Business was ranked 82nd academic programs received top marks in national the first class, this program offers full- and part-time associated with real estate and the planning, financ- in the world in the field of finance according to rankings this year. The MBA program was ranked as plans of study for interested candidates. ing, development and construction of building projects. Students have the opportunity to minor in the Business School Research Rankings compiled one of the top 10 business schools nationally for “The College of Business recognizes the need for either building development or finance. by the University of Texas at Dallas School minority MBA students. The ranking was compiled trained professionals in the field of biostatistics of Management. by the Princeton Review. The Princeton Review and bioinformatics in San Antonio and throughout “This degree capitalizes on the department’s annually conducts surveys with students attending The ranking is based on the research publications the nation,” said Dr. Nandini Kannan, chair of the existing expertise in real estate,” said Dr. Keith the schools and receives institutional data from of business faculty members from 2000 to 2005 in Department of Management Science and Statistics. Fairchild, chair of the Department of Finance. universities to round out its rankings. the Journal of Finance, the Journal of Financial “Partnering with San Antonio’s UT Health Science “It will increase our visibility in the real estate com- Economics and the Review of Financial Studies. Center, this program will address an area of unmet munity through an enhanced and broadened per- need throughout the region. Currently only three spective of the industry.” Faculty members publishing in these journals were other public universities in the state offer this type of According to a 2005 study by the San Antonio Real Dr. Rajan Kadapakkam, professor of finance; degree program.” Estate Council, the real estate industry employs Dr. Ron Rutherford, Elmo J. Burke Jr. Endowed more than 86,000 people in San Antonio and has Chair in Building/Development; and Dr. Yiuman Students will take courses in statistics and biology at an economic impact of $19.4 billion each year, Tse, professor of finance. UTSA and in epidemiology and clinical trials at the UTHSCSA. Students in the applied statistics second only to the health care industry as an “I am extremely proud of the research accomplish- program will be prepared to collaborate with med- economic generator. ments of our finance faculty members,” said Dean Business schools were judged by those offering ical researchers to design clinical trials, evaluate Coursework includes real estate law, principles of Lynda de la Viña. “This supports our goal to raise the greatest opportunity for minority students new treatment for diseases and assess the safety, real estate, mortgage banking and real estate the college’s academic profile and become one of based on percentage of minority students, efficacy and effectiveness of medications. The pro- finance, real estate investment and real estate the nation’s best business schools. The ranking is percentage of minority faculty and resources for gram will also prepare students to work in academic development. Graduates can explore career oppor- even more impressive due to the relatively small minority students. and nonacademic research settings. nature of our department, with only eight full-time tunities in areas such as financial analysis, market As the only UT System school ranked, the College faculty members.” ■ The college’s Department of Management Science analysis, mortgage banking and real estate finance, of Business shared the spotlight with such schools and Statistics is composed of an experienced real estate development and real estate investment. as Howard University, American University, faculty that is uniquely prepared to meet the diverse ■ Thunderbird and the University of San Francisco. needs of academia, medicine and professional

FINANCE DOCTORAL GRADUATES PARAMITA BANDYOPADHYAY AND JAMES HACKARD PARTICIPATE IN COMMENCEMENT CERE- MONIES THIS MAY. 6 7 ACADEMIC PROGRAMS FACULTY FORUM

A NOBEL PRIZE WINNER, A GOVERNMENTAL LEADER AND AN ACCLAIMED ECONOMIST Setting the Standards for Future Accounting Practices HIGHLIGHTED THE 2005–2006 FROST DISTINGUISHED LECTURE SERIES Economic policy, social policy and career growth and opportunity were three diverse themes that highlighted the 2005–2006 Distinguished Lecture Series. The College of Business hosted Dr. James Heckman, Patricia Diaz Dennis and Dr. Ray Perryman in this popular lecture series, which has been sponsored by Frost Bank since 1988. Accounting faculty member Dr. Cheryl Linthicum was chosen as a “I’m returning to UTSA prestigious Academic Accounting Fellow for the U.S. Securities and with a newfound enthusiasm. Faculty, like Exchange Commission in Washington, D.C. Her work put her at the SEC during a time of unprecedented “hot topic” accounting issues such students, benefit from learning experi- as Sarbanes Oxley, the convergence of global standards and the backdat- ences that take us out of our comfort ing of stock options. zones. Being out in the business world “I’m returning to UTSA with a newfound enthusiasm,” said Dr. Linthicum, has allowed me to expand on my practical who was only one of five academic fellows chosen in the nation. “Faculty, knowledge, which will only benefit my like students, benefit from learning experiences that take us out of our comfort zones. Being out in the business world has allowed me to expand work in the classroom and motivate my on my practical knowledge, which will only benefit my work in the class- academic research.”

room and motivate my academic research.” —DR. CHERYL LINTHICUM JAMES HECKMAN PATRICIA DIAZ DENNIS RAY PERRYMAN Dr. James Heckman, the Henry Schultz Distinguis- Patricia Diaz Dennis, senior vice president and Dr. Ray Perryman, president and chief executive Dr. Linthicum, associate professor of accounting, began her one-year hed Service Professor of Economics at the assistant general counsel of AT&T Inc., possesses officer of The Perryman Group, presented the term with the Office of the Chief Accountant in the international area last Standards and the application of those standards by companies who report University of Chicago, presented the keynote a breadth of experience in community service, keynote address April 19. He leads The Perryman August and recently completed her fellowship. She was introduced to this to the SEC. As part of this experience, Dr. Linthicum attended meetings of address during the Frost Bank Distinguished government service and business. She presented Group, an economic research and financial analy- opportunity by Walter Scheutze, a friend of the College of Business and the Financial Accounting Standards Board and the International Financial Lecture Series Sept. 22. the keynote address Oct. 20. sis firm headquartered in Waco, Texas. former chief accountant of the SEC. Reporting Issues Committee in New York and London. Dr. Heckman, who shared the Nobel Prize in Diaz Dennis shared with the students her path to Dr. Perryman identified four areas that are shaping The Academic Fellows program is co-sponsored by the American Accounting “I left with the greatest respect for the SEC and the dedicated individu- Economic Sciences in 2000 for his development success and left the students with one key idea: the world of business today: demographics, Association. Fellows serve as a research resource for the SEC staff by als who work there,” she said. “I made working relationships that will of theory and methods for analyzing selective “define yourself or society will define you.” She technology, globalization and market economies. interpreting and communicating research materials as they relate to var- last a lifetime. It will benefit my research and my students. I plan on samples, presented “Investing in the Very Young.” advised the students to develop a clear set of goals “The global economy is huge,” said Dr. Perryman, His research findings have proven that social and principles to drive their futures. “The key is to one of the world’s most influential and innovative ious areas of interest. The mission of the Securities and Exchange encouraging our students to pursue opportunities with the SEC.” Commission is to protect the investing programs can make a bigger difference and develop, identify and retain values and priorities economists, during his address to more than 350 Dr. Linthicum teaches financial and have more of an impact with younger children. that work for you and the people around you,” students and business leaders. “The only way we public and to maintain fair, orderly and international accounting to undergrad- “America underinvests in the early years of its dis- said Diaz Dennis, who has been presidentially can grow the way we want to grow is to sell things efficient markets. uates, doctoral students and execu- advantaged children,” he said. “On a purely eco- appointed to three federal government positions. to emerging markets. Demographics is one reason “I was afforded an insider’s view tives. Her research interests have been nomic basis, it makes a lot of sense to invest in we have globalization.” With a career spanning from labor and employ- of accounting from a regulation and focused on international accounting the young.” ment law to a seat on the National Labor Dr. Perryman credits the United States’ economic standard setting perspective,” said issues, including the application of According to Dr. Heckman, both the quality and Relations Board and the Federal Communications success with its ability to identify and create Dr. Linthicum, who has taught at International Financial Reporting quantity of the labor force is not keeping pace Commission to ultimately assistant secretary of the next big thing. “Technology is leading UTSA for 12 years. “European compa- Standards. She serves as associate with the demands of the skill-based economy. state for human rights, she has led a successful advances in medicine and other areas,” he said. nies were filing with the SEC editor for the Journal of International “The workforce is aging and the U.S. labor force government and business career. “I’ve learned “Always be associated with companies that are using International Financial Reporting Accounting Research. skills are poor,” said Dr. Heckman. “More than 20 that not everyone is going to like me or the deci- doing cutting-edge work. Standards for the first time last year. percent of U.S. workers are functionally illiterate.” sion that I make, but I must stick to my principles,” “What I’ve learned at the SEC will “The economy that we live in today presents you Dr. Heckman argues that instead of increasing said Diaz Dennis, who is chairwoman of the nation- It was a pivotal time for the SEC and with a world of opportunities,” he said. “Use the shape the questions that I ask in my spending in the criminal justice system, crime can al board of the Girl Scouts of the USA. the future of standard setting.” education that you are receiving now to prepare research and shift my teaching instead be reduced by sponsoring early childhood At AT&T, she is responsible for all legal advice you to take on these new challenges.” She focused on two main projects while philosophies to current issues of the enrichment programs. and assistance in the areas of corporate compli- at the SEC. The first called into play her day,” said Dr. Linthicum, who teaches During his more than 20 years of experience, he He is director of the Economics Research Center ance, procurement, real estate and information curriculum development experience as Intermediate Financial Accounting this has received citations throughout the world and director of the Center for Social Program technology. Diaz Dennis encouraged students she worked with others in developing semester. “I plan on using more real from presidents, governors and Congress. Evaluation at the Harris School of Public Policy to be flexible and open to change and to lead a He received the Lifetime Achievement Award from a training program for SEC staff on world examples, so students can at the University of Chicago. He is also a senior balanced life. the International Institute for Advanced Studies the International Financial Reporting understand the ‘why,’ not just the research fellow at the American Bar Foundation. and was nominated for the Nobel Memorial Standards. But most of her time was ‘how,’ of accounting issues.” ■ Prize in Economics. Dr. Perryman holds a spent studying the adoption of the bachelor’s degree in mathematics from Baylor new International Financial Reporting University and a doctorate in economics from Rice University. ■ 8 9 FACULTY FORUM

DEAN RECEIVES UTSA INTERNATIONAL IS DEPARTMENT UTILIZES FACULTY MEMBER NAMED BALAS is the first international business and eco- FORMER DEAN OF NATIONAL PRESTIGIOUS AWARDS ECONOMIST AT THE HELM GRANTS TO BENEFIT STUDENTS BALAS EXECUTIVE DIRECTOR nomics professional association to focus exclusively WAR COLLEGE JOINS COLLEGE OF TWO LEADING JOURNALS AND COMMUNITY on the study of economics, management, leadership AS EXECUTIVE-IN-RESIDENCE Dean Lynda de la Viña received two prestigious and industry in Latin America and the Caribbean. The awards this past academic year. Hispanic Business In the last two years the Department of Information Dr. Ken Allard, a former dean of the National War organization is international in character, with mem- magazine named her one of the 100 Most Influential Systems and Technology Management has secured College and army colonel, has joined the College of bers from all over the world and 30 countries. ■ Hispanics in its October 2005 edition. She was over $500,000 in grants, primarily from the National Business as an executive-in-residence. His primary also awarded the Jesse H. and Sue Oppenheimer Security Agency, to fund student scholarships, duties include teaching global management and Achievement Award this spring at the “Beyond the equip new computer labs and benefit the local com- TWO FACULTY RECEIVE business strategy courses in the Executive MBA Glass Ceiling” dinner sponsored by San Antonio munity. The latest project is a $95,000 grant from the program as well as collaborating with the college’s law firm Oppenheimer, Blend, Harrison and Tate. Bureau of Fire Research Laboratories Extramural PRESIDENT’S DISTINGUISHED Center for Professional Excellence to develop More than 100 women business leaders were Fire Research Program to develop a biometric inte- ACHIEVEMENT AWARDS security-based leadership training for homeland in attendance. gration system for San Antonio firefighters. The Two College of Business faculty members were security and the national intelligence communities. project, which is being led by Dr. Jan Clark, pro- Dr. de la Viña is the Peter Flawn Professor of honored at the university’s Faculty Honors fessor of information systems, began this summer “Every organization is in need of transformational Economics and the executive director of the Center Convocation in May. and will conclude next year. Additional investigators leadership from the military to Microsoft,” said Dr. for Global Entrepreneurship in the UTSA College of are information technology doctoral students Dr. Yiuman Tse, professor of finance, received Allard. “Organizations need to learn how to break Business. She is the first woman to serve as UTSA Darrell Carpenter and Alexander McLeod. the President’s Distinguished Achievement Award down the stovepipes. This is what is being taught College of Business dean and the only female for Teaching Excellence. Dr. Tse develops courses here in the CPE.” Hispanic business dean in the University of “The primary objective of this project is to Dr. Hamid Beladi, professor of economics, is the that are challenging, but he still receives outstand- Texas System. demonstrate the feasibility of integrating biometric editor of two prestigious international economic ing ratings from his students. He translates theoret- technology with a fireground accountability She was appointed by Gov. Rick Perry to the journals: the International Review of Economics Dr. Victoria Jones, director of the Business ical knowledge into practical applications and system,” said Dr. Clark. “We are also going to study 17-person advisory committee for the Emerging and Finance and Frontiers of Economics and Studies for the Americas Program in the College of incorporates current affairs into his classes to cap- the impact of biometric technology implementation Technology Fund, a $200 million fund created to Globalization. Dr. Beladi has served as editor of IREF Business, has been named the executive director for ture developments within the financial markets. as it relates to firefighter privacy concerns.” foster innovation, research and job creation in high- since 1992 and was named editor this year of the Business Association of Latin American Studies , lecturer III in management sci- tech industries. She also recently completed the Frontiers. He has also served as associate editor of “The biometric system will utilize digital fingerprint (BALAS). As part of her appointment, UTSA will now Joleen Beltrami ence and statistics, received the President’s prestigious Kellogg Leadership Fellows Program the Review of International Economics since 1993. readers to ‘log’ each firefighter electronically into an become the executive headquarters of BALAS. sponsored by the Hispanic Association of Colleges incident scene, which will allow incident command- Distinguished Achievement Award for Non-Tenure IREF is a quarterly journal devoted to the publication Active in BALAS since 2000, Dr. Jones co-chaired the and Universities. ers to better track who is on the scene, and what Track Teaching Excellence. She has taught a of high-quality theoretical and empirical articles 2003 annual conference in São Paulo and served as skills and capabilities they possess,” said Carpenter. variety of quantitative courses that are typically Dr. de la Viña has developed a strategic plan for the dealing with contemporary economics and financial the Brazilian representative to the BALAS board. difficult for students. In these courses, her students College of Business that includes raising the aca- issues faced by national, regional and global Currently firefighters use a manual system to check “San Antonio is strategically located at the geogra- have commented that she explains complex issues demic profile of the college to become one of the economies. Frontiers of Economics and Globali- in at the command post upon arriving at an emer- phic and academic crossroads of Latin America, and with clarity and makes the subject matter truly nation’s best business schools and creating national zation is aimed at economists and financial econo- gency scene. “That system presents a burden for the College of Business is honored to be the new enjoyable. She has had a lasting impact on the distinction through strategic threads of excellence. mists worldwide and provides an in-depth look at the incident commander and lacks individual identi- undergraduate statistics program and is one of the She has enhanced Latin American partnerships, current global topics. Each volume focuses on ty verification,” said McLeod, who previously worked home of BALAS,” said Dean Lynda de la Viña. highest-rated faculty members in the department. raised funds for two endowed professorships and specialized topics. for 28 years with the San Antonio Fire Department “We have recently focused and expanded our Latin developed alliances with other nationally and inter- as a paramedic/firefighter. “These problems are of American activities through the creation of the College of Business faculty were also recognized Dr. Allard is a well-known commentator on ethics, “Professor Beladi is one of the most widely known nationally recognized institutions. great concern at large-scale emergencies.” Business Studies for the Americas program, which is for their distinguished service to the university. leadership and international security issues and is and frequently published researchers in the field of led by Dr. Jones.” , professor and chairman of the featured as a military analyst with MSNBC and NBC The first Mexican-American woman at the secretarial international trade theory,” said Dr. Ken Weiher, The pilot study will be conducted at Fire Station 11, Dr. Joel Saegert News. His military career as an operational intelli- level of the U.S. Treasury, Dr. de la Viña was appoint- chair of the Department of Economics. “He serves near the UTSA Downtown Campus. If the project is Dr. Jones joined the college’s faculty in 2005. Department of Marketing, received his 30-year gence officer also included service on the faculty ed Deputy Assistant Secretary for Economic Policy on numerous editorial boards and his connections to successful, it will roll out to the entire department of Previously she had served as associate dean service pin. Completing 20 years of service were of the United States Military Academy. He is the and served from 1998 to 2001. She is a member of a broad variety of authors, editors and associations 1,200 personnel over 50 stations. for international relations at Escola de Administração Dr. Ted Skekel, associate professor of account- author of four books including Business as War: the board of directors of the Center for International will help to raise the profile of the college throughout de Empresas de São Paulo da Fundação Getulio ing, and Dr. Lynda de la Viña, dean and Peter “This grant allows us to participate in meaningful and ■ Battling for Competitive Advantage and has Private Enterprise, an affiliate of the U.S. Chamber of the world.” Vargas in Brazil. Dr. Jones’ research specialties Flawn Professor of Economics. important research,” said McLeod. “We plan on just released his latest book, Warheads: Cable Commerce, the Texas Business Hall of Fame, the include international marketing, international man- Dr. Beladi has published more than 120 papers in publishing our findings and presenting at national San Antonio Hispanic Chamber of Commerce and News and the Fog of War, published by the Naval refereed academic journals. His research interests conferences. It also allows us to use this knowledge agement and Latin American studies. Operational Technologies, a technology company Institute Press. have centered on the pure theory of international to benefit the City of San Antonio and our local that she co-founded. She received her doctoral degree from Cornell ■ He holds a doctorate from the Fletcher School trade, technology transfer and joint ventures, and fire department.” University, a master’s from the Annenberg School Dr. de la Viña received her master’s and doctorate of Law and Diplomacy, an MPA in public policy exchange rate pass-through. He was named as a at the University of Pennsylvania and a double in economics from Rice University and her bache- top-cited author in 2003 based on the number of arti- from Harvard University, a master’s in interna- bachelor’s degree from the University of Southern lor’s in government and economics from UT-Pan cles published during 1990–2000. He is a founding tional relations from the University of Southern California. American. She was the first Mexican American member of the International Economics and Finance California and a bachelor’s in political science from woman to receive a Ph.D. in economics in the Society. He holds a doctorate in economics from Lycoming College. ■ United States. ■ Utah State University. ■ 10 11 FACULTY FORUM

COLLEGE OF BUSINESS NEW FACULTY JOIN COLLEGE Three new faculty members have been appointed Dr. Jerome Keating, professor of management HONORS FACULTY AND to the Department of Accounting. Dr. Jeff Boone, science and statistics, was presented with the 2006 The College of Business hired eight new faculty STAFF AT AWARDS associate professor of accounting, comes to the Don Owen Award by the San Antonio Chapter of the members in 2005. CEREMONY college from academic positions at Louisiana State American Statistical Association. The award is given Dr. Hamid Beladi joined the college as professor University and Mississippi State University. He holds to nominees who are exemplary in the areas of Five faculty members and three staff members of economics. He is the editor of the International a doctoral degree in accounting from the University scholarship, dissemination of statistical knowledge were honored at the College of Business Awards Review of Economics and Finance and Frontiers of of North Texas, and master’s and bachelor’s and service to the profession. Dr. Keating is world- Reception this spring. Economics and Globalization. The author of more degrees in accounting from Texas A&M University. recognized for his research in the Pitman nearness Teaching awards were presented to Dr. Yiuman than 120 research articles and an expert on interna- His research interests are in financial accounting. criterion as an alternative in comparing estimators. Tse, professor of finance, and Joleen Beltrami, tional trade, he previously taught at North Dakota Dr. Veronda Willis, assistant professor, received He is also one of a few statisticians to have received lecturer III in management science and statistics. Dr. State University and the University of Dayton. He will a doctoral degree in accounting from the University a patent using his expertise. Tse received the E. Lou Curry Teaching Excellence lead the international economics track of the of Colorado at Boulder, and a master’s in public Dr. John Merrifield, professor of economics, has Award, the college’s premier teaching award college’s planned doctoral program in economics. accounting and bachelor’s in business from the been named the guest editor for the Journal of presented in memory of Lou Curry, a respected fac- He holds a doctorate and master’s degree in eco- University of Texas at Austin. Her research interests School Choice for the January 2007 issue on the ulty member who passed away in 1995. nomics from Utah State University. include financial reporting and corporate gover- economics of education. nance. Dr. Jennifer Yin, assistant professor, previ- Dr. Tse consistently receives outstanding ratings Dr. Keying Ye taught for 14 years at Virginia Tech FIVE COLLEGE OF BUSINESS FACULTY MEMBERS RECEIVE ACCOLADES DURING THE COLLEGE AWARDS RECEPTION. PICTURED FROM ously taught at Rutgers University. Her research Linda Shepherd, lecturer III in the Department of from his students, and his passion for teaching is LEFT TO RIGHT: SENIOR ASSOCIATE DEAN DAN HOLLAS, TED SKEKEL, YIUMAN TSE, DON LIEN, JOLEEN BELTRAMI, L. J. SHRUM AND DEAN University before joining the college’s Department of LYNDA DE LA VIÑA. interests include executive compensation and Information Systems and Technology Management, clearly infectious. He develops courses that Management Science and Statistics as professor. capital markets. She holds a doctorate in accounting was named a multiple-year honoree in the 10th challenge the students and utilize his research In the area of research excellence, academic journals in the fields of economics, His research applies statistical methodologies to the Dr. L. J. from the University of Houston, and master’s edition of Who’s Who Among America’s Teachers. background. In addition to his teaching prowess, , professor of marketing, was named the finance and statistics. fields of environmental and ecological systems and Shrum and bachelor’s degrees in accounting from the This is her second consecutive nomination to this Dr. Tse has been a driving force in the doctoral Col. Jean Piccione and Lt. Col. Philip Piccione computational biology. He received a doctorate in In addition to his research prowess, Dr. Lien is also University of New Orleans. publication and third overall. program of the Department of Finance. He has Endowed Research Award recipient. Dr. Shrum is statistics from Purdue University, a master’s degree a valued contributor in the classroom. He has co-authored numerous papers with his doctoral one of the college’s top researchers, and he rou- in mathematics from the Institute of Applied Dr. Mukul Gupta joins the Department of Dr. Rick Utecht, associate professor of marketing, taught a variety of courses for the Department of students, presented at national conferences and tinely publishes in the highest-ranking journals in Mathematics in Beijing, China, and a bachelor’s Information Systems and Technology Management was one of seven faculty nationally to receive the Economics and receives praise from his students chaired four dissertation committees. not one but two disciplines: consumer behavior degree in mathematics from Fudan University in as assistant professor. He received his doctoral 2006 Hormel Meritorious Teaching Award from the as well as high teaching evaluations. As associate and advertising/communications. He has put the Shanghai, China. degree from Purdue University, a master’s from the Marketing Management Association. The Dean’s Teaching Excellence Award for Non- dean for international programs, Dr. Lien has been Department of Marketing on the research map Indian Institute of Technology and a bachelor’s Tenure Track Faculty was presented to Beltrami. instrumental in the expansion of the college’s Asian The Department of Marketing has named two new The MBA Association honored five faculty members nationally, and he shares his expertise by mentor- degree from G.B. Pant University in India. He previ- Since joining the college’s faculty in 2003, she has programs, which now include six universities in associate professors. Dr. Victoria Jones, who at their annual award ceremony. Dr. Richard ing new faculty. Most recently his article ously served as an assistant professor at the had a lasting impact on the undergraduate statistics China as well as executive programs with Shanghai also directs the college’s Business Studies for the Utecht, associate professor of marketing, was “Television’s Cultivation of Material Values” University of Connecticut. His research interests program. Beltrami is one of the highest-rated facul- and Tianjin. Americas program, previously served as associate named Top Core Professor. Dr. Jennifer Yin, appeared in the Journal of Consumer Research. include information security, electronic commerce ty members in the department, and she teaches dean of international relations at the Getulio Vargas assistant professor of accounting, was named Top The recipients of the college’s staff awards and databases. ■ students not only how to compute statistics, but Dr. Ted Skekel, associate professor of account- Foundation School of Business Administration in Foundations Profes