Spears School News

Seven Spears Business students selected as Top 20 Freshmen by Mortar Board Honor Society

Ariel West
  (September 22, 2017 at 1:36 pm)

 

 

 

 

 

 

 

 

 

 

Seven outstanding Spears School of Business students were named Top Freshman by the Oklahoma State University Mortar Board Honor Society for the 2017-2018 academic year.

Students who received this honor were selected based on scholarship, community service, campus involvement and leadership during their freshmen year. The seven Spears Business students will join 13 other OSU freshmen being honored at OSU president Burns Hargis’s home Sept. 26.

The students are:

  • Madeline Betts, management and marketing major from Calumet, Okla.
  • Hadley Reuter, management information systems and statistics major from Stillwater
  • Coleman Bourke, business major from Tulsa
  • Corey Collins, business management major from Piedmont, Okla.
  • Brent Cunningham, accounting and finance major from Bartlesville
  • Hunter Perdue, marketing major from Yukon, Okla.
  • Jacob Swanson, business entrepreneurship and business marketing from Lawton, Okla.

The Achafoa Chapter of Mortar Board selected students through an extensive interview process and will narrow the Top 20 Freshmen down to the Top 10 Freshman Oct. 2.

Small town, big dreams: Jeretta Horn Nord made her own path

Ariel West
  (September 12, 2017 at 8:16 am)

Jeretta Horn Nord, Management Science and Information Systems professor at Oklahoma State University

She may have been born in Sherman, Texas, in 1956, but Jeretta Horn Nord has always been an Oklahoma gal.

The management science and information systems professor grew up on a ranch in Colbert, Oklahoma, with an older sister and a younger brother. She was always active, playing the piano, twirling a baton or participating in 4-H. A strong work ethic was instilled in her early; waking up at 5 a.m. to feed show calves is not for the faint of heart.

“I notice a lot of students who come [to OSU] from rural areas have a really good work ethic, and I believe it’s because they have been required to help with feeding cattle or horses, doing chores or perhaps participating in other work-related activities as a child,” she says. 

To further illustrate that point, the 12-year-old Nord would ride her bicycle across rural Colbert selling greeting cards from a catalog. She waited to collect the money until she delivered the product but ran into an unexpected problem when she realized she wouldn’t have any money to order the stationery and cards.

“Rather than my parents giving me the money, my dad took me to the bank, and I made a personal loan at the age of 12,” Nord says. “I paid it back immediately after I collected the money from the customers and used the profits to buy Christmas presents that year. It’s one of my most vivid memories from my childhood and a good lesson to learn about managing money.  This is just one example of the love, time, and effort my parents invested in our family for which I am eternally grateful.” Continue Reading

OSU’s Ph.D. in Business for Executives cohort
includes students from across United States

Spears School News Staff
  (September 5, 2017 at 9:59 am)
Cohort for Ph.D. in Business for Executives

The 15 members of the sixth cohort in Oklahoma State University’s Ph.D. in Business for Executives program are from nine states across the United States.

Oklahoma State University’s innovative doctoral program for executives continues to grow as the sixth cohort of the Ph.D. in Business for Executives features 15 participants from across the United States.

The three-year doctoral program in OSU’s Spears School of Business kicked off in August with an orientation session at the Student Union on the Stillwater campus. The sixth cohort joins 78 participants from across the world who have already taken part in the Ph.D. in Business for Executives program.

“We are very excited to welcome our sixth cohort to the executive doctoral program,” said Ken Eastman, dean of the Spears School of Business. “The program is making a significant impact and continues to attract the quality and diversity of individuals we expected including representatives from such companies as American Airlines, Bank of America, Citigroup, Deloitte, Dell, Pfizer, Sprint, Walmart, and Wells Fargo. The program has a very good reputation and it shows in the quality of individuals who are admitted.”

Continue Reading

Nathan Herrmann’s commitment to short-term
goals help give him a bright future

Dollie Elliott
  (September 1, 2017 at 3:48 pm)

Accounting student Nathan Herrmann.

Rain or shine, a mile or 10 miles, neither element nor distance can slow down Nathan Herrmann. The accounting student at Oklahoma State University’s Spears School of Business knows all about determination. He runs 40 to 50 miles a week in his free time.

“It’s the sort of sport where you set a goal, sometimes months away, and you plan your training accordingly,” said Herrmann. “It’s something you have to go out for six or seven days a week to make it a possibility.”

It’s in Herrmann’s nature to commit to a long-term goal and achieve it. His career and education aspirations are no different. He is currently in the Spears Business Professional Program in Accounting, which allows students to earn their bachelor’s and master’s degrees in accounting in five years. His favorite thing about accounting is the way that everything fits together, neat and organized.

His passion for accounting was influenced by his father, Don Herrmann, long-time OSU accounting professor, who has always referred to accounting as the “language of the business world.”

“People assume, oh you love math; it’s like, not really. You don’t need anything past Algebra. You do need to understand how things relate to one another and how to organize things to get info to people in a concise manner,” Herrmann said. Continue Reading

OSU Economics professors gain
international attention for tax cut study

Ariel West
  (September 1, 2017 at 7:49 am)

Dan Rickman (left) and Hongbo Wang (right) used a new technique to study the tax cuts in Kansas and Wisconsin.

Oklahoma State University Economics professors Dan Rickman and Hongbo Wang have been gaining media attention from both national and international sources for their research about recent tax cuts in Kansas and Wisconsin.

Rickman and Wang analyzed the 2011 tax cuts in both Wisconsin and Kansas to determine whether the cuts actually spurred the economic growth that was intended. Using a new analyzing method called the synthetic control method, Rickman and Wang grouped like-states into units to make better comparisons.

“We analyzed Kansas and Wisconsin from 2011 to 2015 by comparing them to states that had similar economies,” Rickman said. “Looking at employment, population, per capita income, poverty, and housing prices, we used this new technique to compare states with similar economies. As a result, we saw that states that cut income taxes performed worse when the claim was that the states would perform better. Government expenditures had to decline. The new businesses never came because businesses didn’t value lower taxes as highly as, say, an educated workforce or good roads.”

Wisconsin Public Television aired an interview with Dan Rickman on July 14, 2017. Rickman was also contacted by Radio France Internationale in June and was interviewed over the phone on air. The Washington Post published the study in June.

‘Business Perks’ is winning submission
for snack bar in new Business Building

Terry Tush
  (August 25, 2017 at 8:49 am)

Katy Aycock (right) was honored by Spears School of Business Dean Ken Eastman for submitting the winning name for the new coffee shop.

Business Perks has been selected as the name of the coffee shop/snack bar in the new Business Building when it opens in 2018.

Katy Aycock, an international business major in the Spears School of Business, submitted the winning name and the sophomore from Sedgwick, Kansas will receive a one-time $500 scholarship, awarded by Ken Eastman, dean of Spears Business.

Oklahoma State University business students suggested nearly 150 different names when asked in the spring to submit their ideas for naming the coffee shop/snack bar that will be on the first floor of the new building. A committee reviewed each of the suggestions before narrowing it to a handful before Business Perks was unanimously selected.

“We want to congratulate Katy for submitting the winning name of Business Perks, but we also want to thank all the other Spears School students who participated and came up with some creative names,” said Terry Tush, director of marketing and communications for Spears Business. “We can’t wait for our students to experience all of the benefits of the new building for themselves, including the Business Perks shop.”

Business Perks in the new Business Building will be operated by University Dining Services. Guests will enjoy a selection of specialty items, including coffee, fresh fruit, parfaits and baked goods as well as a variety of salads, sandwiches and wraps.

‘Willy Wonka of Ponca’ shares early
life struggles that led to OSU, his success

Ariel West
  (August 24, 2017 at 10:08 am)

His story doesn’t quite begin like your average student.

Oklahoma State University junior Taylon Granger faced a lot of challenges from a young age. At the age of 13, he found himself in and out of shelters. At 16, he got emancipated and began raising himself in Ponca City, Okla., working wherever he could while attending high school. For the past seven years, he has had no contact with any of his family members. With a help from a friend, he was able to get through the rough patch.

“My mom didn’t have a really good childhood, she tried the best she could for as long as she could, but eventually it wore her down,” Granger said. “Eventually, she just went off a cliff and left me in Ponca City at the age of 16. I always had the mentality that you could stay down and be self-loathing, or could actually make something of your life, and that’s what I’m trying to do.”

MSIS junior Taylon Granger may have had a rough childhood, but that didn’t stop him from pursuing his dreams.

Granger worked 18-hour shifts at a warehouse to get by, but he felt he had the potential to do something more with his life. He decided to attend college at Northern Oklahoma College in Tonkawa, Okla., eventually transferring to OSU’s Stillwater campus, but his job wasn’t willing to work with his school schedule. This led him to find a job washing dishes with Osage Casinos in Ponca City. He worked his way up to become a food and beverage supervisor, a title he’s held for the past year. Continue Reading

OSU’s online Master’s in Entrepreneurship
is No. 1 in ranking of affordable degrees

Ariel West
  (August 23, 2017 at 1:00 pm)

Bruce Barringer, head of the School of Entrepreneurship, Spears School of Business at Oklahoma State University

Oklahoma State University’s School of Entrepreneurship has been selected as the top program in the nation to offer an affordable online Master’s in Entrepreneurship (MSE).

The online MSE program continues to consistently receive national attention. Earlier in 2017, SuccessfulStudent.org’s ranking of the of the 15 Best Online Entrepreneurship Colleges in the United States placed OSU as No. 1 on the list. The School of Entrepreneurship had also been ranked the No. 1 Best Online College for Entrepreneurship by OnlineColleges.com andNo. 2 for the Most Affordable Top Ranked Online MBA Entrepreneurship Program by both EDsmart.org and BestMastersDegrees.com. The program also grabbed the attention of the Princeton Review as the No. 23 program in the Top 25 Graduate Schools of Entrepreneurship Studies rankings in 2016.

“Our online Master’s in Entrepreneurship program is something that we’re very proud of,” said Bruce Barringer, head of the School of Entrepreneurship at OSU. “We focus equally on instilling in our students the entrepreneurial mindset and teaching the business startup process. We concisely get positive feedback from our students that the program has made a big differences in their careers and their lives.” Continue Reading

Management professor Margaret White
retires after 31 years with OSU

Dollie Elliott
  (August 15, 2017 at 10:57 am)

Margaret White

Margaret White, the Fleming Cos. Inc. Professor of Technology Management, retired from Oklahoma State University in August after 31 years in the Department of Management in the Spears School of Business.

Originally from Texas, she received a bachelor’s degree in mathematics with a minor in history and a master’s degree in business administration with an emphasis in management and marketing from Sam Houston State University in Huntsville, Texas.

Following graduate school, she was a statistical analyzer for an oil company. She also owned a catering business, was a housing administrator and coached softball at the community college level before pursuing a doctorate.

White says she never expected to be an academician before she was asked to teach some classes at Iowa Western Community College. “After several life-altering events, I sat down and reevaluated my life goals,” she says. That’s when she decided to go back to school in her 30s to become a professor. Continue Reading

Do FOMC actions speak loudly?

Ariel West
  (August 7, 2017 at 8:51 am)

(from left) Professor of finance Tim Krehbiel and associate professor of finance Ali Nejadmalayeri investigate the corporate bond market.

Corporate bond market investors bear the risk that the borrower will not pay them as promised; that’s why corporate bond prices tend to be lower than treasury bonds. But why isn’t corporate bond investor behavior consistent with the old adage that “no news is good news?” when the Federal Open Market Committee announces a plan to stay the course?

Oklahoma State University professor of finance Tim Krehbiel and associate professor of finance Ali Nejadmalayeri, along with co-author Siamak Javadi from the University of Texas – Rio Grande Valley, look into corporate bond investor behavior in their latest research, “Do FOMC Actions Speak Loudly? Evidence from Corporate Bond Credit Spreads.”

“If the Federal Reserve announces the intention to ‘stay the course,’ spreads between corporate and treasury bond prices widen,” Krehbiel said. “If the Federal Reserve announces the intention to either raise or lower rates, the spread between bond market prices narrows, and this is somewhat puzzling behavior. We find that staying the course seems to be unsettling for the corporate bond market.”

Corporate bond investors run a high risk of not being repaid by borrowers, so the nature of monetary policy changes is crucial to corporate bond investors.

This research is to be published in the Review of Finance. To view the article online, visit the SSRN copy.

Spears Business alumnus Lance Robertson
appointed to U.S. administration post

Ariel West
  (August 3, 2017 at 4:34 pm)

Lance Robertson graduated from the Spears School of Business with a bachelor’s in general business in 1993.

Former Oklahoma State University business major Lance Robertson has been appointed as the U.S. Assistant Secretary on Aging and Administrator of the Administration for Community Living as nominated by President Donald J. Trump earlier this year.

After serving in the U.S. Army, Robertson graduated from OSU in 1993 with a bachelor’s in general business from the Spears School of Business and obtained a master’s in public administration with honors from the University of Central Oklahoma. He graduated from the 2010 Governor’s Executive Development Program for State Officials and the first class of the Oklahoma Aging Advocacy Leadership Academy in 1997. He was named an honorary alumnus by the OSU College of Human Sciences in 2013 to honor his partnership with its gerontology program.

Previously, Robertson served as Oklahoma’s Director of Aging Services for the past decade and oversaw a range of programs that included the Older Americans Act and a large 1915c Medicaid waiver. He was an administrator at OSU for twelve years, where he co-founded the Gerontology Institute and directed a regional professional association, PartnerShips for Aging. He is a past president of the National Association of States United for Aging and Disabilities (NASUAD) and has served on numerous boards and commissions.

Robertson continues to partner on several initiatives within the OSU College of Human Sciences.

From Edmond to London, Spears Business prepared Smith for accounting journey

Ariel West
  (August 3, 2017 at 10:37 am)

Senior accounting major Shelbie Smith grew up with four brothers.

Dealing with four brothers as the only girl didn’t stop senior accounting major Shelbie Smith from proving she was just as tough.

Born in Edmond, Smith attended Edmond Memorial High School, where she was involved with Student Council and softball. She helped organize the annual SWINE week for Edmond Memorial, raising $500,000 for nonprofit organizations and gaining valuable experience dealing with professionals and handling money. Smith and her family grew up attending Oklahoma State University football games, which made the decision to transfer to OSU an easy one.

“Our family has always come to football games on Saturdays, we hold season tickets every year,” Smith said. “My oldest brother graduated from OSU, the next one came [to OSU] for a year and decided college wasn’t for him, and the one right above me graduated from OSU in December. After my two years at North Texas playing softball, I decided I was done and I knew OSU was heavy on my heart, I always wanted to go to OSU, so it was a pretty easy decision for me to say this is where I am going to transfer to.

“My youngest brother will be a freshman [at OSU] next year. My dad attended OSU many, many years ago and has always been a big Cowboys fan, lives and breathes Cowboy football. My mom did not attend Oklahoma State, but that’s okay.” Continue Reading

OSU speaker series announced for Tulsa, OKC

Hannah Barron
  (August 2, 2017 at 11:19 am)
Chris Wallace

Chris Wallace

Chris Wallace, Tim DuBois, George Blankenship and Moira Forbes will be the featured speakers for the 2017-18 Tulsa Business Forums and Oklahoma City’s Executive Management Briefing speaker series, presented annually by Oklahoma State University’s Spears School of Business along with corporate sponsors.

These programs bring in distinguished business leaders, authors and policymakers to speak to the Tulsa and Oklahoma City business communities. Both the Tulsa Business Forums and Executive Management Briefings are coordinated by the Center for Executive and Professional Development at OSU.

“Along with our corporate sponsors, we are very excited to bring business and government leaders to both cities each year,” said Ken Eastman, dean of the OSU Spears School of Business. “We are fortunate to have a distinguished group of individuals who will discuss the emerging news and issues with the Oklahoma business community.”

Tim DuBois

Tim DuBois

The schedule for the 2017-2018 speaker series is as follows:

Tulsa Business Forums

Nov. 1, 2017 – Chris Wallace, award-winning journalist and host of Fox News Sunday, 10-11:30 a.m., Mabee Center.

Feb. 7, 2018 – Tim DuBois, president of Tim Dubois Music, award-winning, Grammy nominated songwriter, producer and music executive, 12-1:30 p.m., Downtown DoubleTree Hotel.

April 17, 2018 – Moira Forbes, president and publisher of ForbesWoman, 12-1:30 p.m., Renaissance Tulsa Hotel and Convention Center.

Executive Management Briefings in Oklahoma City

Moira Forbes

Moira Forbes

Nov. 1, 2017 – Chris Wallace, award-winning journalist and host of Fox News Sunday, 4-5:30 p.m., National Cowboy and Western Heritage Museum.

March 8, 2018 – George Blankenship, former executive at Tesla Motors, Apple Computer and GAP Inc., 8-9:45 a.m., National Cowboy & Western Heritage Museum.

April 18, 2018 – Moira Forbes, president and publisher of ForbesWoman, 12-1:30 p.m., National Cowboy and Western Heritage Museum.

George Blankenship

George Blankenship

Registration is $200 a person for the series or $2,750 for a table sponsorship for the series. Full sponsorships include special events with the speaker among many other benefits.

For more information about the Tulsa Business Forums, or to learn how you can participate as a sponsor, contact Mandy McKinney at mandy.mckinney@okstate.edu or call 918-594-8244 or 405-744-5208.

For more information about the Executive Management Briefings, or to learn how you can participate as a sponsor, contact Kelle Scott at kelle.scott@okstate.edu  or call 281-755-3773 or 405-744-5208.

School of Accounting’s Charlotte Wright
retires after 35 years with OSU

Dollie Elliott
  (August 1, 2017 at 2:45 pm)
Charlotte Wright

Charlotte Wright

Charlotte Wright, Regents Professor and Anadarko Petroleum Chair in the School of Accounting, retired from Oklahoma State University in June after 35 years in the Spears School of Business.

“Without a doubt, I have most enjoyed the students during my time at OSU. I have had so many great, hardworking, honest students from all across Oklahoma. Many of my students have gone on to have outstanding careers in industry, public accounting and in academia,” Wright says.

After Wright completed her master’s degree in professional accounting at the University of Texas at Arlington, she took a position with a major oil and gas company in Dallas. A few years later, she decided to go into a doctoral program and received a fellowship from the Institute for Petroleum Accounting Research at North Texas. There, she was able to work with some of the top experts in the oil and gas accounting industry as well as the Financial Accounting Standards Board and the Securities and Exchange Commission. She also received a substantial grant to pursue a dissertation in oil and gas accounting.    Continue Reading

OSU offering Sales Certificate-Creating
Value for Customers seminar series

Hannah Barron
  (July 31, 2017 at 8:45 am)

Sales Certificate flyerThe Spears School of Business will be hosting an OSU Innovation Series for Business at the OSU-Tulsa campus from October to December.

This certificate series is for beginning salespeople and marketers and for those who are selling products or services. This certificate series is targeted to those who want to expand their interactions with customers, meet and exceed expectations, learn negotiations, expand knowledge in analytics, become more influential with their customers, and increase sales through preparation and building relationships.

Continue Reading

“Ripping off the Band-Aid:” Firm reputation
and communication management

Ariel West
  (July 27, 2017 at 2:13 pm)

Owen Parker, assistant professor of management

When the going gets tough and the world is against you, research says the best thing to do is get all of the negative out at once.

Oklahoma State University assistant professor of management Owen Parker’s latest research focuses on how firms respond to threats to their reputation. When an organization faces scrutiny from the media, it tends to perform more of the unavoidable negative activities to lessen the blow to its reputation.

“Until now, what we thought is that companies don’t really care that much about what the media thinks or what people are looking at,” Parker says. “But with this paper, we’ve looked at the oil and gas industry and we found that drilling, which is sort of a hazardous activity in the industry, happens when the company is already facing negative scrutiny in the media.”

Parker found that smaller and underperforming companies tend to have to go through compounding the negative attention more frequently than larger companies, since managerial behavior tends to be less organized than a larger, more insulated firm. The major key to Parker’s research is that reputation matters: it’s not just an outcome, but what drives decision-making and perception. Continue Reading

OSU accounting student Blair Beale receives
$10,000 national scholarship from PCAOB

Dollie Elliott
  (July 24, 2017 at 2:32 pm)
Blaire Beale

Beale plans to use $10,000 national PCAOB scholarship to further her education.

Blair Beale, a senior accounting major at Oklahoma State University, is the recipient of a $10,000 scholarship awarded by the Public Company Accounting Oversight Board (PCAOB). The merit scholarship is intended to encourage undergraduate and graduate students to pursue careers in audit.

The 21-year-old is the daughter of Mark and Lori Beale of Abilene, Texas.

Beale was nominated by the School of Accounting Scholarship Committee in the Spears School of Business. “The nomination committee selected Blair because of her excellence both in and out of the classroom. Her work ethic and attitude exemplify the best of our program and we are proud to call her one of our own,” said Angela Spencer, associate professor in the School of Accounting.   Continue Reading

OSU entrepreneurship student selected
to Enactus USA Student Advisory Committee

Ariel West
  (July 24, 2017 at 8:53 am)
Josh Masterson, entrepreneurship student.

Entrepreneurship student Josh Masterson was appointed to the Enactus USA Student Advisory Committee.

Josh Masterson has a passion for entrepreneurship, and his next venture just happens to be taking a place on one of the most prestigious committees in the nation.

His passion for aiding the underserved was echoed in Enactus, a global organization that encourages students to use entrepreneurship to help others. The Oklahoma State University entrepreneurship student traveled to Nicaragua not once, but twice, created the OSU Enactus chapter and competed in the Enactus Regional Competition in Dallas, all in less than a year. After those accomplishments, the next step was to get on the national Enactus USA Student Advisory Committee to develop more connections for OSU entrepreneurship.

“The OSU Enactus chapter is less than a year old, so I was surprised I was chosen to be on the Student Advisory Committee,” Masterson said. “Serving on the committee will be a great honor and will allow the OSU Enactus chapter to develop more relationships with other college chapters. I will be a link between colleges and Enactus headquarters, so that’s going to be a cool experience.” Continue Reading

Department of Management’s Debra Nelson
retires after 32 years with OSU

Dollie Elliott
  (July 15, 2017 at 10:09 am)

Debra Nelson

Debra Nelson, Spears School Associates Chair in the Department of Management, retired in June from Oklahoma State University after 32 years with the Spears School of Business.

Originally from New Mexico, she earned a bachelor’s degree in finance with a minor in management from Texas Tech University. She then spent several years at Southwestern Bell before earning an MBA and doctorate in organizational behavior with minors in social psychology and research methods from the University of Texas at Arlington.

Nelson had never visited Oklahoma before arriving on the Stillwater campus for her first faculty position interview. Continue Reading

Communication Certificate Series
for Managers coming to Tulsa

Hannah Barron
  (July 13, 2017 at 2:34 pm)

Communication Certificate SeriesThe Communication Certificate Series for Managers, presented by the Spears School of Business at Oklahoma State University, is scheduled from October to December in Tulsa, Okla. Participants who attend all six sessions will earn a business communications certificate.

Managers will sharpen their business management communication skills through interactive exercises and case studies during seminars. This series helps participants achieve success by learning to deliver clear, persuasive, and concise messages and enhance their communication skills.

The Communication Certificate Series for Managers is a six-part series.

Continue Reading

OSU finance alumna selected to attend prestigious AICPA 2017 Leadership Academy

Ariel West
  (July 12, 2017 at 1:35 pm)

Wendy Thompson graduated from OSU in 2008.

Oklahoma State University finance alunma Wendy Thompson was selected as one of only 38 CPAs in the nation to attend the American Institute of CPAs’ (AICPA) Leadership Academy program October 1-5 in Durham, North Carolina.

Thompson grew up in Tulsa and knew she wanted to attend OSU. She graduated from OSU with a bachelor’s in finance with a minor in accounting in 2008 and was also a member of the equestrian team during that time. She works for Love’s Travel Stops and Country Stores as the manager of transportation accounting for Love’s trucking business, Gemini Motor Transport. She also serves as the treasurer of the Children’s Advocacy Centers of Oklahoma’s Board of Directors and the treasurer for the Thoroughbred Athletes Inc. Board of Directors.

Thompson has a history of success, being selected as one of the Oklahoma Society of CPAs as a 2016 Trailblazer and recently graduated from Leadership OKC’s LOYAL XII Program. She hopes to bring innovative ideas back to her organization and community and continue to improve her leadership skills.

“The selection process was very rigorous, requiring us to submit multiple essays, reference letters, lists of our accomplishments and our résumé,” Thompson said. “I feel very honored to be one of the 38 selected for the program. From a young age, I had always had a passion to learn and to better myself. Earning my CPA designation is one of my proudest accomplishments, and I want to continue to challenge myself as a young CPA and improve as a leader. Continue Reading

Forecasting stock returns using
fluctuations in trading costs

Ariel West
  (July 12, 2017 at 7:50 am)

Assistant professor of finance Greg Eaton’s research shows the importance of monitoring fluctuations in trading costs.

Have you ever wondered when you should invest or make a trade in your stock?

By using United States equity market-level data from 1926 through 2015, Oklahoma State University assistant professor of finance Greg Eaton nailed down the predictive power of trading costs in his latest research, “Micro(structure) before Macro? The Predictive Power of Aggregate Illiquidity for Stock Returns and Economic Activity,” which was accepted into the prestigious Journal of Financial Economics. Eaton cut out the volatility component from trading cost measures and found that embedded volatility was causing misleading results.

“One important aspect of our study is how we measure trading cost,” Eaton said. “We document that most measures of trading cost mechanically embed a volatility component, and it’s important to extract that component so we make sure that our results are driven by actual trading costs as opposed to volatility in disguise. Making this adjustment does have an important impact on our results. What we find is that the trading costs before we made the adjustment did not forecast stock returns, but once we extracted the embedded volatility component, we found strong evidence that trading costs do forecast future stock returns.” Continue Reading

Marlys Mason named Associate Dean

Spears School News Staff
  (July 5, 2017 at 10:38 am)
Marlys Mason

Marlys Mason

Marlys Mason, associate professor of marketing who has been an Oklahoma State University faculty member for 16 years, has been named an Associate Dean for the Spears School of Business, Dean Ken Eastman announced.

Mason began as Associate Dean on July 1.

“We are excited to have Dr. Mason join the Spears leadership team,” Eastman said. “She is very well respected and she is very committed to student success, and I am confident that she will do a great job.”

Mason has taught at the undergraduate, masters and doctoral levels and in the Consortium of Universities for International Studies. She has taught courses in marketing strategy, marketing and society, consumer behavior and research methods since joining the OSU faculty in 2001.

Continue Reading

OSU offering Innovation Series for Business

Hannah Barron
  (June 28, 2017 at 2:01 pm)

Innovation 2017 headerThe Spears School of Business will be hosting an OSU Innovation Series for Business at the OSU-OKC campus from July to September.

This series was created to help successful businesses stay competitive through innovation. The seminars will help participants learn how to continuously seek opportunities to create value in their organization. It is designed for leaders at all levels in any organization.

“Innovation is such an important piece of any business’ success,” said Bruce Barringer, department head in the School of Entrepreneurship in Spears Business. “Our faculty will provide practical and essential information on how organizations can use innovation to continue to thrive and excel in their industry.”

Continue Reading

Alumni Q&A with Kari Easson

Dollie Elliott
  (June 27, 2017 at 12:05 pm)

Spears School of Business alumna Kari Easson was recently named a 40 Under 40 by Oklahoma Magazine. She is the Controller/Accounting Director at Stillwater Medical Center.

Originally from Maryland, Easson first moved to Stillwater 12 years ago when her husband was a student at OSU. She received a master’s degree in accounting in 2008 and a master’s in health care administration in 2015 from Oklahoma State University.

Today, Easson manages a staff of six and is in charge of the day-to-day financial operations of Stillwater Medical Center (SMC) and all of their clinics and reports to the CFO. She prepares monthly financial statements and monthly financial/statistical reports, oversees the audit process and Medicare cost report preparations by SMC auditors, and coordinates their yearly budgeting process. She also manages the same accounting functions of Blackwell Regional Hospital. Continue Reading

Football and summer camps paved the way
to Christian Jackson’s nonprofit business

Ariel West
  (June 27, 2017 at 9:22 am)

Nonprofit management senior Christian Jackson graduates December 2017.

Nonprofit management senior Christian Jackson may have left his professional football dreams behind, but football still plays a major role in his nonprofit business.

Jackson was born an only child in Houston and played football all his life. He accepted a scholarship to play football at a small college in Tennessee his freshman year, but quickly realized it wasn’t all it was made out to be. After transferring to Oklahoma State University his sophomore year, his original choice for college, he began focusing on academics.

“It was definitely tough, it was a rough couple of months going from playing football to not playing football at all,” Jackson said. “I’ve been playing football since second grade, so to completely stop that was a tough transition, and going from a little school to a school with 26,000 was a huge jump, so I really had to find a community so I wouldn’t go through school alone…. It was a rough transition, but it was for the best.” Continue Reading

Management professor Dennis Mott
retires after 43 years with OSU

Dollie Elliott
  (June 15, 2017 at 10:31 am)

Dennis L. Mott

Dennis L. Mott, professor of management in the Spears School of Business, retired in February after 43 years at Oklahoma State University.

Mott was the first in his family to attend college; his initial intent was to teach and coach at the secondary level. He completed his undergraduate degree in business education from Wayne State College in Nebraska in less than three years and was teaching in Missouri Valley, Iowa, at 21. Three years later, he accepted a position as business teacher and coach at Central High School in Omaha, Nebraska.                                                                 

Two years later, he earned a master’s degree from the University of Nebraska at Omaha and went on to fulfill the requirement for a doctorate at the University of Nebraska-Lincoln. He began his work in higher education as an assistant professor at the University of Wisconsin-Superior in the College of Business Administration. Continue Reading

Explaining low self-employment rates among foreign-born STEM graduates: Why start a business if it doesn’t pay?

Ariel West
  (June 8, 2017 at 2:01 pm)

Economics and Legal Studies associate professor John Winters

According to analysis of the American Community Survey, foreign-born college graduates in the science, technology, engineering and mathematics (STEM) field have much lower self-employment rates compared to foreign graduates of other majors. Why aren’t these technologically and scientifically-minded people starting new companies?

Oklahoma State University associate professor of economics and legal studies John Winters and co-author Zhengyu Cai from Southwestern University of Finance and Economics were also curious, as individuals who immigrate to a developed country are generally thought to be more entrepreneurial. One partial yet important explanation is earning differences between STEM and non-STEM fields: employed STEM graduates make a lot more money.

“Only about eight percent of foreign-born STEM graduates own their own businesses compared to 11.3 percent of foreign non-STEM graduates,” Winters said. “We wanted to try to explain this… so we started by documenting that foreign-born STEM graduates, on average, earn much higher in paid employment than their non-STEM counterparts.” Continue Reading

OSU alum Yves Mafolo travels the
world to make his dreams a reality

Ariel West
  (June 2, 2017 at 10:38 am)

Yves Mafolo came to OSU through the African Leadership Bridge program.

He may get to travel all over the globe, but Yves Mafolo put in the hard work to get to where he is today.

Oklahoma State University finance graduate Yves Mafolo is an Angolan national that grew up and lived across the African continent. He attended the African Leadership Academy where he launched both a community-based organization in the outskirts of Johannesburg and a business on-campus, having big dreams to travel the world and open a Pan-African investment firm. He accepted the African Leadership Bridge scholarship and began attending OSU in June 2011, where he began honing his passion of changing Africa.

“The African Leadership Bridge is an organization that helps prepare leaders who will help develop Africa and has a partnership with both the University of Texas at Austin and Oklahoma State University,” Mafolo said. “I’m extremely passionate about contributing to Africa’s development and making it a better place for all of its citizens, and being able to attend a university in the United States has exposed me to a different view of the world that I’m sure will help me achieve my aspirations for the African continent.” Continue Reading

Economics professor Keith Willett
retires after 35 years with OSU

Dollie Elliott
  (June 1, 2017 at 9:06 am)
Keith Willett

Keith Willett

Keith Willett, an economics professor in the Department of Economics and Legal Studies in Business, retired from Oklahoma State University in January after 35 years with the Spears School of Business.

Willett joined OSU’s Department of Economics in August 1981, directly after of graduate school. “The position was very attractive because it provided an ideal balance between teaching and research,” Willett says. “There were also many opportunities to participate in funded research with faculty in other programs on the OSU campus as well as faculty at other universities in the region.”

Throughout his career, he taught the undergraduate courses Introduction to Microeconomics, Managerial Economics, and Environmental Economics. He taught Contemporary Environmental Policy and Managerial Economics for the Spears School’s MBA program. Continue Reading