LAWRENCE — Two University of Kansas School of Business graduate students recently had their case studies featured as the article of the day by Real Clear Markets (RCM). RCM is a widely read consolidator of financial news and financial articles from high profile publishers such as the Wall Street Journal, Financial Times and Bloomberg.
The two students featured on RCM's website are Gerald Hart, part-time MBA student; and Erin Sheridan, MBA student and MA Latin American Studies.
"The case studies were well-written and well-analyzed," said Kara Tan Bhala, School of Business lecturer and president and founder of Seven Pillars Institute for Global Finance and Ethics.
The Seven Pillars Institute is a not-for-profit "think-tank" whose mission is to increase ethical awareness, acceptance and acts in financial theory, practice and policy. Its quest is to develop a new financial theory that synthesizes the principles of finance and ethics.
The case studies were originally written for Tan Bhala's Global Finance and Ethics class. She posted students' works to the Seven Pillars Institute website. Their work demonstrated a balanced analysis of a topic related to ethics in finance. From there, the RCM picked up the articles and featured Sheridan's and Hart's case studies on its website.
"I was honored that she would consider my research worthy of publication," Hart said. Hart's case study was on the ethics of insider trading in relation to the bailout of General Motors. Hart said it was unexpected when RCM featured his case study on its website. "My surprise was at a new level because it was an independent third-party choosing to publish the research," Hart said.
Sheridan's case study, "Financing, Ethics, and the Brazilian Olympics," focused on the Brazilian perspective and expectations of the developing country as it prepares to host the 2014 and 2016 Olympics. The case study included original studies conducted by Sheridan during her three months of field research in Brazil during the summer of 2010.
"It was always one of my goals to get published," Sheridan said. "I think it's a positive to have for a job in the research field."
Sheridan was surprised that her case study was picked up by a financial website because finance has never been a strong suit for her. However, her writing was analytically strong and combined social, location and economic impacts of the Olympics.
"Being a strong writer for research is important," Sheridan said.
For Hart, this opportunity increased his excitement about research. He plans to look for more opportunities throughout his MBA curriculum.
"This reinforced in my mind something Tan Bhala had said in the class, if you want to do research, go into a 'green field' area, that is, an area where extensive research does not already exist, because there is a lot of opportunity there," Hart said. "The area of ethics in finance is one those."