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Faculty Research
Penn Lauder CIBER is proud to contribute financial support to University of Pennsylvania faculty who are studying a diverse range of subjects within the scope of international business education.
Chinese for Business Communication
University of Pennsylvania Professor Fangyuan Yuan (East Asian Languages and Civilizations, Chinese) is currently working to revise the textbook Business Chinese for Success. With Penn Lauder CIBER funding, she is developing a corresponding website and creating electronic vocabulary flashcards to augment the textbook. Her goal is to provide both instructors and students with more instruction/learning tools in order to enhance the learners' language exposure and accommodate their different learning needs and styles.
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Penn Lauder CIBER provided funding to Wharton Accounting Professor Christian Leuz to expand his research on international accounting. His findings will be applied to the development of Penn Lauder CIBER's doctoral consortium in international accounting.
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In January 2004, Penn Lauder CIBER provided funding for "Public Policy Issues Confronting the Insurance Industry," as part of The Brookings-Wharton Papers on Financial Services. The annual conference and resulting journal are devoted to the examination of significant public policy issues in the world of financial services. Jointly sponsored with The Brookings Institution in Washington, DC, this collaboration brings together domestic and international policymakers, industry leaders, and academic researchers to explore major issues of broad concern to the financial services community.
The papers presented included:
- Insuring Against Terrorism: The Policy Challenge, by Kent Smetters (Wharton)
Discussant: Howard Kunreuther (Wharton) - Cross-border Mergers and Acquisitions: Why Do They Happen? How Do They Affect Market Structure?, by Dave Cummins (Wharton) and Allen Berger (Federal Reserve Bank)
Discussant: Larry White (New York University)
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Terrorism Risk Insurance Act (TRIA)
The Wharton Risk Management and Decision Processes Center organized a conference on June 20, 2005, to consider the public policy options available to the Bush administration and Congress at the scheduled expiration of the Terrorism Risk Insurance Act (TRIA) in December 2005. The Center brought together experts from the insurance industry and academia to consider a broad range of options to facilitate national recovery from a major terrorist attack. The conference considered arguments for and against extending TRIA, the demand for terrorism insurance and mitigation, and the supply of terrorism insurance. Penn Lauder CIBER cosponsored this event.
This conference and additional research led to the preparation of a document on "TRIA and Beyond." A symposium will be convened in Washington, DC, in early October 2005, in cooperation with the Rand Corporation and the USC Center for Risk and Economic Analysis of Terrorism Events, to brief key policy makers and to help inform the policy debate as Congress considers whether to extend TRIA in some fashion. Penn Lauder CIBER will underwrite some of the travel expenses for this event.
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