Over the past year, a record 266 companies have spun off divisions in a trend bankers are calling “Spinmania.” If history is any guide, about 35 of those deals will have leaked undetected to inside traders.

A new study by a team of finance professors suggests one in eight corporate spinoffs and divestments in the U.S. between 1996 and the end of 2013 was preceded by suspicious trading in options markets. The Securities and Exchange Commission hasn’t brought a single case relating to such trading then or since, according to the report, due to be published later this month. 

Classified as: finance, Desmarais Global Finance Research Centre, Patrick Augustin, insider trading, Bloomberg Business
Published on: 16 Mar 2015

McGill Desautels Professor Gregory Vit's book: The Risk in Risk Management: Financial Organizations and the Problem of Conformity was reviewed in the March 2015 Issue of Organization Studies. The reviewer, Professor Iain Munro, concluded: "…this book deserves to be widely read and I have no doubt that its scrupulous lessons will better equip us and our students to avoid such financial misadventures in the future."

Classified as: Gregory Vit, McGill Dobson Centre for Entrepreneurship, Strategy & Organization
Published on: 12 Mar 2015

New initiatives contribute to increased revenues

by Cece Zhang

Jan 27, 2015

The Management Undergraduate Society (MUS) organized the Winter Carnival and the Cancer Auction, raising approximately $45,000 towards cancer research this year, a significant increase from last year’s events, which raised $30,000.

Classified as: Bachelor of Commerce (BCom), Management Undergraduate Society (MUS)
Published on: 12 Mar 2015

MBA students Sankalp Sachdeva, Brandon Groper, Nico Drohojowski, Abolfazl Keighobadi Lamjiri (Professional MBA), and Vasu Subrahmanian, won the prestigious Consulting prize and ranked 2nd overall at the 2015 USC Marshall Global Consulting Challenge.

Classified as: MBA Program, Masters in Business Administration (MBA)
Published on: 12 Mar 2015

Written by Professor Karl Moore and Sema Burney

Many managers today don’t relish giving feedback. In the past, feedback was associated with the annual review, a thoroughly unenjoyable hour where everyone involved couldn’t wait for it to end. Today with millennials, feedback is more central to the role of manager than ever before.

Classified as: Karl Moore, Sema Burney
Published on: 6 Mar 2015

This year, I’m celebrating 25 years of skateboarding. While I’ve skated all over the world and made a lot of incredible friends along the way it wasn’t until I read this article about skateboarding legend Rodney Mullen that I began to consider the overlap between my passion for skateboarding and my passion for marketing.
... Ben Plomion is VP of Marketing at Chango, where he heads up marketing and communications. 

Classified as: MBA Alumni, Ben Plomion
Published on: 6 Mar 2015

Richter is proud to announce the creation of the Innovation and Social Entrepreneurship Program - an initiative to help social entrepreneurs in their mission of bringing innovative solutions to social problems. The Program aims to recognize and assist businesses that have demonstrated a positive impact on social, cultural and environmental concerns.

Classified as: Hult Prize
Published on: 6 Mar 2015

Peak Financial Group is continuing to expand, as HBO Financial Services joins forces with Peak Insurance Services, after an eight-year partnership. Founded in 1997, by James Hindley, Larry Barakett and Boris Ozbalt, HBO is a boutique Managing General Agency, catering to a group of advisors working predominantly in the high net worth markets in Quebec, Ontario and Nova Scotia.

Read article here: Investment Executive, February 18, 2015

Classified as: BCom Alumni
Published on: 6 Mar 2015

A number of the Silver and Magic Circle law firms are offering to part fund MBAs as a method of retaining their top performers, according to recruitment firm Legal Professionals. The legal recruitment specialist revealed that firms have become increasingly creative with their retention methods in an effort to prevent talent with three to five years’ experience from moving on. One way of doing this is to tap into the growing trend of some lawyers who are looking to develop wider business skills.

Classified as: MBA, MBA-Law
Published on: 6 Mar 2015

The exceptional economic success of many European countries in the post-War period was characterised by the wide presence of family firms across the Continent. Particularly, in countries like Germany and Italy, family ownership came to be seen as the best guarantee of economic and social development. However, the consensus that family firms are good for growth has come under scrutiny in recent years.

Classified as: Henry Mintzberg
Published on: 6 Mar 2015

This Is Karl Moore of the Desautels Faculty of Management at McGill University, Talking Management for The Globe and Mail. Today I am delighted to speak to Christopher Marquis from the Harvard Business School.

Read full transcript here: The Globe and Mail, February 17, 2015

Classified as: Karl Moore
Published on: 6 Mar 2015

In the fall of 2014, the Desautels Faculty of Management at McGill University began offering one of the first programs of its kind in Canada. Driven largely by student input and faculty collaboration, the concentration in Social Business and Enterprise is intended for students interested in harnessing the not-for-profit, civil and for-profit sectors to tackle social issues.

Classified as: Robert David
Published on: 6 Mar 2015


Roughly 3,300 striking engineers and conductors at Canadian Pacific Railway Ltd. are headed back to work, but experts say serial government intervention is making future strikes more likely. The workers abruptly ended a two-day strike Monday, after CP and the Teamsters union agreed to arbitration, just as the federal government was poised to order them back on the job.
... “It chills bargaining,” explained Robert Paul Hebdon, an organizational behaviour professor at McGill University’s Desautels business school. “It becomes institutionalized.”

Classified as: Robert Hebdon
Published on: 6 Mar 2015

If you did not apply for the exclusive BCom Mentoring Program while in your U2, you now have the opportunity to apply for the 2015-2016 year

Published on: 6 Mar 2015

A Desautels undergraduate student case team composed of Lara Ballantyne, Jaylen Gadhia, Rachel Kirby and Sami Zubair took 1st place at the 14th annual Copenhagen Business School Case Competition (CBS CC) held February 22 to 27, 2015. 

Classified as: Bachelor of Commerce (BCom)
Published on: 2 Mar 2015

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