For the fifth year in a row, the New Jersey Policy Research
Organization Foundation, the public policy research affiliate of the
New Jersey Business & Industry Association (NJBIA), New
Jersey Business magazine, and the Stillman School of Business have
collaborated to present the New Jersey Bright Idea & Teaching Notes
Awards. The awards honor scholarship and teaching ideas in all fields
of business by faculty members within New Jersey.
The Stillman School is especially pleased to announce that Yeomin
Yoon, Ph.D., professor of finance, has received an award for his
work in finance. Yoon collaborated with Youngna Choi of Montclair State
University to publish a paper entitled “Compensating balance: A
comment” published in The International Journal of Banking and Finance.
This paper concludes that whenever a bank imposes a compensating
balance, the borrowing firm should prefer a bullet loan to a
fully-amortized one if it wishes to avoid an ambush posed by such a
Following is a complete listing of awardees:
Bright Idea Awards
Speed to Market: “The impacts of speed-to-market on new product
success: The moderating effects of uncertainty” by Jiyao Chen, Richard
R. Reilly, and Gary S. Lynn of Stevens Institute of Technology.
Information Technology: “A strategic management framework for IT
outsourcing: A review of the literature and the development of a
success factors model” by Jerry Fjermestad and Jo-Ann Saitta of New
Jersey Institute of Technology.
Home Financing: “Mortgage decision: Lower payment or faster payoff?”
by Ralph Gallay of Rider University.
Leadership Behavior: “Executive job demands: New insights for
explaining strategic decisions and leader behaviors” by Ann C. Mooney
of Stevens Institute of Technology.
Decision Sciences: “Efficient market-clearing prices in markets with
nonconvexities” by Michael H. Rothkopf of Rutgers University - Newark
and New Brunswick.
Dutch Auctions: “Slow Dutch auctions” by Michael H. Rothkopf of
Rutgers University - Newark and New Brunswick.
Pricing: “Direct evidence of ending-digit drop-off in price
information processing” by Robert M. Schindler of Rutgers University -
Finance: “Compensating balance: A comment” by Yeomin Yoon of Seton
Hall University and Youngna Choi of Montclair State University.
Teaching Bright Idea Awards
“Sales Management Coaching on DVD” by Tony Carter, William Paterson
“Using Business Publications” by Shaoping Zhao, The Richard
Stockton College of New Jersey.
Congratulations to the award winners!
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