Stanford GSB: Stanford Business February 2000

February 2000, Volume 68, Number 2

New faculty members John McMillan, Jennifer Aaker, and Antonio Davila.

Photograph by Robert Holmgren

Three New Faculty at Business School
THE BUSINESS SCHOOL welcomed three new faculty members during 1999 in the areas of international economics, marketing, and accounting. Senior among them is John McMillan, professor of international management and economics, who joined the GSB from the Graduate School of International Relations and Pacific Studies at UC-San Diego. McMillan's research interests include economic reform, mechanism design, cross-country comparisons of market institutions, and entrepreneurship in developing and transition economies. He is editor of the Journal of Economic Literature, a publication of the American Economic Association.

Assistant Professor of Marketing Jennifer Aaker earned her PhD at the Business School in 1995 and served three years as an assistant professor at the Anderson School of Management at UCLA. She is a consumer psychologist who extends theories of social and cultural psychology to consumer research, with particular interests in self-expression in the use of brands and cross-cultural persuasion effects.

Antonio Davila, assistant professor of accounting, was previously on the faculty of IESE University of Navarra (Spain). His main area of interest is management accounting and control systems—studying how organizational structure, product characteristics, and product strategy affect the design of management control systems in new product development.

IN 1996 WHEN HE WAS SERVING as executive director of the Marketing Science Institute (MSI), David Montgomery conceived of a special millennium issue of the Journal of Marketing devoted to fundamental issues and directions for marketing. The issue would be a cooperative venture between MSI and the American Marketing Association. The 216-page issue, Volume 63 of the journal, was published in October 1999. Montgomery, the Sebastian S. Kresge Professor of Marketing Strategy, Emeritus, was coeditor and also coauthored the introductory article, "Charting New Directions for Marketing."

A BOOK BY Keith Krehbiel, Pivotal Politics: A Theory of U.S. Lawmaking, won two prizes on consecutive days from the American Political Science Association. Krehbiel, the Edward B. Rust Professor of Political Science, received the Richard F. Fenno Jr. Prize for best book on legislative studies on September 3 and the Richard E. Neustadt Award for best book on the presidency the next day. The book was published by University of Chicago Press in 1998.

ASSISTANT PROFESSOR OF FINANCE Manju Puri was cowinner of the 1999 Nasdaq Award, presented at the annual Western Finance Association meeting. The award recognized Puri and N. R. Prabhala's research into the role of price support in the IPO process.

Another research prize went to Associate Professor of Marketing and Management Science James Lattin, who received the IBM Partnership Award for his study of the implications of information technology on marketing organizations.

AN ARTICLE HE COAUTHORED, "Being Different: Relational Demography and Organizational Attachment," earned Charles O'Reilly III the Administrative Science Quarterly scholarly contribution award for most influential article published in the preceding five years. Said the editors, "Its influence has been broad-ranging and definitive in shaping our views," calling it "extremely impressive not only for its theoretical influence but for its empirical rigor." O'Reilly is the Frank E. Buck Professor of Human Resources Management and Organizational Behavior.

THE JACK STEELE PARKER PROFESSOR OF Human Resources Management and Economics, Edward Lazear, was named president of the Society of Labor Economists last year. He also won the Astra-Erikkson Prize for Visiting Scholars from IUI in Stockholm, where he gave two lectures to Swedish business leaders and academics about his work in personnel economics. IUI is the employers organization for all of Sweden; it is analogous to the U.S. Chamber of Commerce.

Two other faculty members honored last year were Timothy Bresnahan, a courtesy professor of economics, who was elected to the American Academy of Arts and Sciences, and Kenneth Singleton, the C.O.G. Miller Distinguished Professor of Finance, who was named a Journal of Econometrics Fellow.

AFTER A YEAR in England at the London School of Hygiene and Tropical Medicine and at New College, Oxford, Alain Enthoven, the Marriner S. Eccles Professor of Public and Private Management, gave the annual Rock Carling Lecture to the Royal College of Physicians in October. His topic was "In Search of an Improving National Health Service." Enthoven had been the 1999 Rock Carling Fellow of the Nuffield Trust for Research and Policy Studies in Health Services. In November, Enthoven gave the Ozmun Lecture in Management to the Mayo Clinic in Rochester, Minn. His talk was titled "Managed Care: What Went Wrong? Can It Be Fixed?" Enthoven and Daniel Kessler, associate professor of economics, law, and policy, are charter members of Stanford's new interdisciplinary Center for Health Policy within the Institute for International Studies.