Do some venture capital investors look beyond financial returns when considering investment opportunities? Do ventures which do social good necessarily have lower capital returns? Can one be successful and satisfied as an entrepreneur if she or he has a higher social commitment, beyond profit maximization?
The 2001 Nobel laureate in economics will be honored
at a conference on October 24–25. He will receive a
Festschrift, “Economics for an Imperfect World: Essays in Honor of Joseph
Stiglitz,” compiled by his students, teachers and coauthors.
Columbia Business School announces the launch of the Center for Excellence in Accounting and Security Analysis (CEASA). Arthur Levitt, who is currently an adviser to the investment firm the Carlyle Group, said, “The center will bring together the best ideas in academia and practice to provide objective solutions to current and anticipated issues facing regulators and practitioners.”
Columbia Business School ranks #2 in the biannual Forbes MBA survey,
which appears in the magazine’s October 13, 2003 issue. Based on return
on investment, the Forbes ranking surveyed the members of Columbia
Business School’s Class of 1998 on their pre-MBA and post-graduate salaries.
Columbia Business School’s Dean Meyer Feldberg ’65 informed
the School community that he is stepping down effective June
30, 2004. The announcement caps a successful 15-year renaissance
for Columbia Business School, which has capitalized on its New
York City location and vast network of business leaders to become
one of the world’s preeminent business schools.
Professor Joseph Stiglitz, a 2001 Nobel Laureate
in Economics, and Professor Bruce Greenwald, the Robert Heilbrunn Professor of Finance and Asset Management,
are teaching Globalization and Markets and the Changing Economic
Landscape to Executive MBA students this week in London. More
than 125 students are participating from across Columbia’s
portfolio of executive degree programs: EMBA-Global, the
Berkeley-Columbia EMBA and the New York–based EMBA program.
In July 2003, Sheena Iyengar was appointed as the first Sanford C. Bernstein & Co. Associate Professor of Leadership and Ethics at Columbia Business School.
President George W. Bush has appointed Eli
Noam, professor of economics and finance at the School
and director of the Columbia Institute for Tele-Information
(CITI), and Judith L. Klavans, director of
Columbia’s Center of Research on Information Access (CRIA) to
the President’s Information and Technology Advisory Committee
(PITAC). Noam and Klavans are among 25 nominees representing
the leading information technology experts in both industry
and academia.
Geoffrey Heal, the Paul Garrett Professor of Public Policy and Business Responsibility at Columbia Business School, joined an esteemed panel of scientists, business leaders and senior elected officials, including Governor George Pataki of New York, to critically evaluate U.S. conservation laws and policies.
Some
familiar Columbia Business School faces graced the covers of two
leading business magazines earlier this month. In the same week, Fortune and Business Week featured, respectively, Columbia Business School graduates Sallie Krawcheck ’92, chairman and CEO of Smith Barney, and Lewis Frankfort ’69, CEO of Coach.