POTSDAM - A Clarkson University professor will be taking a closer look at corporate scandals after receiving a Fulbright Scholar grant to visit the University of Roehampton in London, England for the fall 2013 semester.
While in London, Associate Professor of Finance Allan A. Zebedee will conduct research examining corporate scandals and the interplay between government regulations, corporate governance and executive behavior, with a particular focus on differences between the United States and the United Kingdom.
Despite the increased globalization of our financial markets, large corporate scandals surrounding executive compensation have for the most part been limited to the U.S. financial markets, Mr. Zebedee said in written statement.Why? One explanation is clearly regulation, but while in London I will be examining alternative explanations, including differences in the corporate governance structures in the U.S. and U.K.
Mr. Zebedee received his Ph.D. degree in economics from the University of California at San Diego under the direction of Nobel Laureate Robert F. Engle. Prior to joining Clarkson, he taught at San Diego State University and was an economic fellow at the United States Securities and Exchange Commission in Washington, D.C.
The Fulbright Scholar Program is sponsored by the United States Department of State and is designed to promote mutual understanding between the people of the United States and the people of other countries of the world.
Clarkson University has a long tradition of supporting the Fulbright program with six faculty members participating in the program over the past five years, visiting countries on four different continents, including South Korea, Croatia and Uganda. Mr. Zebedees Fulbright Scholar grant represents the 34th Fulbright Award granted to Clarkson University faculty.
Supporting the Fulbright Scholar program is important to Clarkson University in our pursuit of excellence in both research and teaching, Clarkson President Tony Collins said in a written statement.
The exposure our faculty gain through global experiences like the Fulbright program helps promote a richer more diverse environment for our students. We are especially excited for Professor Zebedee as he moves to London in pursuit of his research interests and look forward to his returning to campus to share his experiences with our community, he said.
The School of Business is proud to have another faculty member recognized as a Fulbright Scholar, said incoming Dean of the School of Business Dayle M. Smith, who was a Senior Fulbright Scholar in Hong Kong in 2010-11. Professor Zebedees experience abroad will prove invaluable to our students as it helps them to gain a better understanding of how different cultures do business.