New Appointment: Dr. Grant Thrall, Department of Finance, Insurance and Real Estate
Grant Ian Thrall has been appointed as Visiting Martha and Robert Fogelman Family Chair of Excellence in Sustainable Real Estate, Department of Finance, Insurance and Real Estate. Dr. Thrall is on the national academic board of Directors of the Appraisal Journal of the Appraisal Institute (AI). He will be President of the American Real Estate Society (ARES) in 2013; currently he is program chair and vice president. Dr. Thrall has published over 150 articles and written or edited a dozen books. He has been interviewed several hundred times by leading publications including the New York Times. Florida Trend Magazine the leading business magazine in Florida published a four page interview with him. Among Professor Thrall's books is the highly acclaimed and pioneering Business Geography and New Real Estate Analysis, published by Oxford University Press. His book provided the foundations and structure for the new Certified Commercial Investment Member (CCIM) 102 Real Estate Market Analysis, which he worked on with a team of leading academics and practitioners. He continues to work with CCIM and AI, in particular working with a team to present a day-long continuing credit seminar each year in conjunction with the ARES annual meeting. He recently received an award from Torto-Wheaton for "Best Real Estate Market Analysis." In the private sector he has executed real estate market analysis for over $1B in infill development, has been an expert witness certified in real estate and geographic information systems by State and Federal Courts on over $200M in litigation. As an entrepreneur he has successfully created several companies including being a cofounder of a geospatial data company, the only firm with comprehensive GIS maps of the entire fiber optic cable network in the US. While no longer associated with that successful venture, he used some of the proceeds from his exit strategy to support the Homer Hoyt Institute, a nonprofit institution that promotes real estate education, research, and practitioner relations. Before joining the University of Memphis, Thrall was a professor at the University of Florida. He has been an advisor and consultant to the Florida Board of Governors which oversees the eleven campus State University System of Florida, which includes University of Florida in Gainesville, and Florida State in Tallahassee. His contributions to redevelopment of Gainesville's historic downtown and related initiatives on Sustainable Real Estate lead the city commission to declare two days as "Grant Thrall Days" in Gainesville.
New Appointment: Dr. Shana (Hyun A) Hong, School of Accountancy
Shana (Hyun A) Hong joined the School of Accountancy faculty in fall 2010 to teach financial accounting. Shana received her M.S. in Statistics from Stanford University, and her Ph.D. in accounting from the University of Southern California in May 2010. She is interested in financial and international empirical economics-based research in accounting and finance. Her dissertation, “Does Mandatory Adoption of IFRS Decrease the Voting Premium for Dual-Class Shares?” investigates whether the IFRS mandate benefits minority shareholders by providing a monitoring mechanism of controlling parties’ diversionary behavior. Shana has also been highly productive in generating research papers while earning her Ph.D. at the University of Southern California. Of her research papers, two were presented at the 2009 American Accounting Association (AAA) Annual Meeting in New York, namely, "The Impact of Financial Covenants on the Use of Accounting Conservatism in Debt Contracting: International Evidence” with M. Hung and J. Zhang, and “The Impact of Timely Accounting Recognition of Economic Losses on Cash Flow Volatility and Investment” with Y. Kim. The first of these papers has been nominated as one of the top-ten downloaded papers in several sections of the Social Science Research Network (SSRN). Additionally, her recent paper concerning the IFRS mandate and firms’ capital investment efficiency has been presented at the International AAA in Palm Springs. One of her papers is under second round editorial revision request at Journal of Accounting and Economics, a top-tier accounting journal.
New Appointment: Dr. Janet L. Souza, School of Accountancy
Janet L. Souza joined the School of Accountancy faculty in fall 2010 to teach in the auditing area. Janet (JL) received her Ph.D. from The Pennsylvania State University, 2010. She has an MBA from Babson College (Boston). Her dissertation research work, “Differences in Selection and Manipulation of Alternate Loan Performance Pricing Measures,” bridges both the finance and accounting literatures and draws upon her strong intuitional industry knowledge. Unlike in previous earnings management studies, this is a setting in which the manipulation has a direct effect on cash flows. JL has strong experience in external and internal auditing, including working as an auditor for Arthur Andersen and as a Senior Internal Auditor at the Bank of Stockton in California. While completing her degree, based on her expertise in the banking industry, Janet also has generated three major research papers that examines risk and cost issues associated with loan pricing. These papers will be submitted to top-tier accounting journals.
Promotion: Dr. David Allen, Department of Management
Dr. David G. Allen (Ph.D. Georgia State University) has been promoted to Full Professor (effective September 1, 2010). His primary research interests include the flow of people into and out of organizations, and his research on these topics has been published in Academy of Management Journal, Academy of Management Perspectives, Journal of Applied Psychology, Journal of Management, Journal of Organizational Behavior, Personnel Psychology, Organizational Research Methods, Human Relations, Human Resource Management Review and other outlets. Dr. Allen is a three-time recipient of a Suzanne Downs Palmer Professorship award for research, and in 2008 was awarded a First Tennessee Professorship. He teaches undergraduate and graduate courses in human resource management and research methods. He does organizational research and consulting on topics such as recruitment, retention, and organizational effectiveness, and has worked with organizations such as ALSAC-St. Jude, Campbell Clinic, Georgia Department of Family and Children Services, First Tennessee, Harrah's Entertainment, Methodist Hospitals, Pfizer, the Red Cross, Region’s Bank, and the U.S. Navy. He was awarded the 2008 HR Excellence Award by the Tennessee State SHRM Council and named to the Memphis Business Journal 2008 Top 40 Under 40. Allen serves as Associate Editor for Human Resource Management Review and is on the editorial board for Academy of Management Journal, Journal of Management, Personnel Psychology, and Human Resource Management. He is 2010 Past President of SHRM-Memphis, and was recently elected to the Division Chair Track for the HR Division of the Academy of Management.