Outside company directors enjoyed an 11% increase in median total compensation this year, largely because companies are increasingly offering stock as well as basic pay, according to an advance report released today by The Conference Board.
What goes up comes down. After years of extraordinary growth sparked by the rising stock market, Illinois faces diminished tax revenues if the New York Stock Exchange continues its recent skid, a University of Illinois economist says.
Processing wrinkle-free and dye-colored cotton fabric with formaldehyde-free chemicals in one step -- saving money and reducing environmental hazards -- is potentially in the grasp of industry as a result of experiments at the University of Illinois.
The push by airlines to team up in global route alliances, which has raised the specter of higher fares in government circles, may be overall good news for consumers, according to a University of Illinois economist.
In the Oct. 12, 1998 issue of Applied Physics Letters, online Oct. 7, University of Delaware researchers--with scientists at the Naval Research Laboratory and Raytheon Systems Co.--describe the first tunnel diode that is compatible with a silicon integrated circuit process." The diodes may help chip makers boost silicon's speed while further shrinking chips.
A University of Iowa College of Law professor, has been asked to present his research on the status of the Americans with Disabilities Act to a U.S. House of Representatives subcommittee at its first major inquiry on the ADA in Washington D.C., Monday, Oct. 5.
On Nov. 2, 1998, the U.S. Supreme Court will hear a landmark bankruptcy case that may change the way small businesses recover after filing bankruptcy. To explain this complex case to the public, a University of Missouri-Columbia law school professor has established a web site for educators, students, the media, business owners and a general audience to use as a resource to help them comprehend the 203 N. LaSalle St. case.
"With Congress and the White House poised to enact a new law expanding the number of H1-B visas granted over the next 3 years, the bill will achieve little with respect to the fundamental problem of attracting enough young people to pursue careers in engineering," says American Association of Engineering Societies (AAES) Chair Martha Sloan.
A new study suggests that MBA students have clear ideas of which tactics are ethically proper and improper in the course of business negotiations. But the students' views are shaped by their gender, nationality, age, work experience, and other factors.
Despite an erratic stock market, political scandals at home and financial crises abroad, Orange County residents remain strongly optimistic about the nation's economic future, according to UC Irvine's 1998 Orange County Annual Survey.
The Federal Aviation Administration is uniting with Purdue and a dozen other universities to head off a looming shortage of air traffic controllers. The FAA put its stamp of approval on programs at 13 universities, including Purdue University's aviation administration program, which is designed for individuals seeking careers in either airline or FAA management.
Survey shows that a $10 investment to enroll in MONEY 2000, a Cornell Cooperative Extension financial education program, reaped an average $5,000 gain in net worth for participants one year later. Just six months in the program , more than half the participants were already paying bills on time, reducing their credit use, saving money, using a budget and reducing what they owed.
Lower oil prices may be good news for gasoline buyers, but they're taking a toll on Kansas petroleum producers, according to geologists at the Kansas Geological Survey, based at the University of Kansas. And things don't promise to change anytime soon. Oil prices in the state have plummeted since last spring, dropping from around $20 per barrel to around $10 for Kansas crude. The drop, researchers say, is yet more fallout from the rest of the world's economic problems.
Becoming a successful manager in a global firm in the new millennium is going to take a global mindset. So says Vijay Govindarajan, director of the Amos Tuck School of Business Administration 's Global Leadership 2020 program.
The first new twist in MBA programs was special arrangements for busy executives. Now the programs have gone international. More than 100 colleges and universities in the United States and Canada are now offering executive MBAs with an international component. "What you learned as an undergraduate 20 years ago isn't enough to lead or to compete in today's global workplace," says Martin Rapisarda, director of the executive master's programs at Purdue's Krannert Graduate School of Management.
Employee obesity dramatically increases health care needs and costs of business. Overweight women over 45 face highest heatlh risks. Study suggests worker weight loss programs can reduce employer medical and short-term disability costs.
1. Asian stability could trigger inflationary pressures in U.S.; 2. Mergers and creating value; 3. Successful downsizing requires maintaining trust; 4. Businesses need strategy to influence public policy
The benefits of placing workers in teams reflecting a diverse range of backgrounds can be jeopardized if the effects of stereotyping are not understood, according to a professor at Wake Forest University.
Georgia State University's College of Business Administration has been named in honor of of J. Mack Robinson, an Atlanta banking and insurance executive.
Don't expect Nike, Reebok and other athletic shoe companies to rebound any time soon from sluggish sales, says a Ball State University retail analyst.
Recent gyrations on Wall Street and the near economic collapse by several Asian nations have had an unsettling effect on America consumers and businesses, lowering confidence about future economic growth, says a Ball State University economic analyst.
The oft-stated rationale that a CEO's reputation is valuable because it increases a firm's credibility doesn't correlate with a company's bottom line, University of Illinois researchers say.
Changes in federal regulation giving chemical companies flexibility in deciding how to reduce toxic pollution are producing measurable results, according to researchers at the University of Illinois who studied the impact of the 33/50 program started by the Environmental Protection Agency in 1991 to encourage firms to reduce pollution emissions.
While many Americans hate their jobs and are badly in need of career consulting, an almost equal number of individuals eagerly look forward to going to work every day, according to an article in Across The Board, The Conference Board magazine.
The pace of economic decline in most Asian countries is slowing, particularly in Korea and Thailand, according to an analysis released today by The Conference Board.
While the field of information technology has often been thought of as a male-dominated profession that attracts only "computer nerds," those demographics are changing, according to the director of the Information Technology Program (ITPro) at Old Dominion University.
The cost of wafer fabrication equipment used to make semiconductors has soared tenfold about every decade, and the future of the industry may be limited by capital costs. One way to cope with this problem is the development of modular capacity, a concept Stanford Business School faculty members have examined closely.
Approval of Texas-Maine-Vermont Low-Level Waste Bill Will Help Continue Benefits of Nuclear Technologies
A University of Kansas economics professor and associate director of KU's Institute for Public Policy and Business Research, is currently in Moscow and is available to discuss Russia's economy on a first-hand basis.
While corporate community economic development programs are continuing to focus on big cities, a new study from the Conference Board shows that some of the most effective models are now in America's suburban and rural regions.
Using a complex economic model, Stanford researchers found that the monopoly pricing associated with quality name-brand products can be sustained in certain cases using the Internet as a channel of distribution. They show that the Internet can actually discourage consumers from searching or window shopping for competing products.
The signs of a healthier economy are not resulting in secure jobs for many Americans, said the director of the Labor Education Program at the University of Missouri -Columbia Extension Division.
A Stanford Business School professor has found that stock options are a useful tool in start-up companies where incentives and financing are much more closely linked than in big companies.
Derivatives do not get recorded on corporate financial statements, but that will change as of June 15, 1999, because of a new requirement by the Financial Accounting Standards Board (FASB), a private independent body that sets and interprets generally acceptable accounting principles, according to a University of Connecticut professor.
When it comes to equal pay for equal work, one would expect women in the '90s to have a stronger sense of entitlement and self-esteem than women did two decades ago. But an experiment conducted by Stanford Business School assistant professor John Jost found that women paid themselves 18 percent less than men paid themselves for the same work.
Cutting spending doesn't have to be painful, says Janet Bechman, Cooperative Extension Service specialist in family resource management at Purdue University.
In order to provide state-of-the-art training and consulting services for the New York City and Long Island area business community, St. John's University has announced the establishment of a new Office of Executive Education.
Two researchers from the University of Missouri-Columbia are helping them sort out training in the information age. Their study says that the trend toward other learning methods should not phase out traditional face-to-face sales training in the classroom.
The AFL-CIO, over time, has become more interested in issues of concern to women in its policy agenda, which has major implications for the revitalization of the labor movement.
Institutional investors now control approximately 60% of the outstanding stock of the largest 1,000 U.S. corporations -- with control becoming more and more concentrated among the largest 25 of these institutions, The Conference Board reports today in its Institutional Investment Report.
Workplace teams remain a hot trend in American companies, but new research suggests they may not be the key factor in determining how workers behave on the job.
As the "father" of airline industry deregulation, Cornell University's Alfred E. Kahn discusses how to best deregulate the electric power and telecommunications industries in his new book.
For the fourth consecutive year, the entrepreneurial studies institute at the University of Illinois at Chicago has been named one of the best programs of its kind by Success magazine, ranking 10th nationwide.
The Cornell University Food Industry Management Distance Education Program (DEP) is now offering a food-safety certification programs for food retailers at both the state and national levels.
Immigration is an increasingly important source of economic growth in the face of low unemployment and tighter labor markets, according to a report released today by The Conference Board.
Falling grain and livestock prices, depressed export markets and severe weather have hurt farm incomes from the northern plains to Texas. To worsen matters, 1996 farm legislation took away the so-called "safety net." Federal payments to farmers, in times of low prices for commodities, are only a fraction of what they were in past years.
Business schools across the country are setting themselves apart by offering "niche" master's degrees. "It's definitely a response to increased market demand and business school competition," says Chuck Johnson, director of professional master's programs at Purdue University's Krannert School of Management.
Anyone who has ever worked in or had to deal with a large organization might wryly consider administrative bureaucracy to be a "necessary evil." Now, University of Missouri-Columbia professor Guy B. Adams' recent research and award-winning book, Unmasking Administrative Evil, takes a serious look at evil in administration.
Anthony J. Rucci, 47, a Chicago business executive for nearly 20 years, was appointed today as dean of the College of Business Administration at the University of Illinois at Chicago.
A new interactive World Wide Web site provides one-stop-shopping for marketing and advertising professionals. Purdue University management Professor Patrick Duparcq calls his new marketing resource Web site, TIMER, a global community service.
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