Baruch Business Report

"The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Robert A. Schwartz, the Marvin M. Speiser Professor of Finance in Baruch’s Zicklin School of Business. They discuss the impact of the New York Stock Exchange’s introduction in Spring 2006 of a “Hybrid Market,” a carefully designed, complex system that combines traditional floor-based trading with a fast, electronic platform. European markets as well as some markets in the U.S., including NASDAQ, have introduced this ahead of the NYSE. Learn about the effects on trading and market efficiency there and what that might mean for the NYSE. The conversation takes place on October 26, 2006."

The Baruch Business Report offers a conversation on the ongoing economic stimulus package between John Elliott, the Dean of Baruch's Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch's Zicklin School of Business. Many months after the beginning of the economic crisis, the house has just passed the over 800 billion dollars economic stimulus package, and the senator has begun its deliberations. In this context, Dean Elliott and Professor Martell talked about the various pieces of the package, how the various types of spending have more or less consequence for stimulus, and the tradeoffs between the tax cut, transfer payment, and the investment infrastructure. The conversation takes place on January 30, 2009.

The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch's Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch's Zicklin School of Business. The discussion starts with the results of the third quarter "Chief Financial Officers Outlook Survey," which is conducted quarterly by Financial Executives International and Baruch College's Zicklin School of Business, and continues into a larger economic analysis. Elliott and Martell also discuss the expected impact of the new Pension Protection Act. The survey results are described on Baruch's website at http://www.baruch.cuny.edu/cfosurvey/. The conversation takes place on October 23, 2006.

John Elliott, Dean of Baruch's Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch's Zicklin School of Business, discuss highlights of the third quarter 2010 'Chief Financial Officers Outlook Survey', conducted quarterly by Financial Executives International and Baruch College's Zicklin School of Business. According to the survey, CFOs are showing steady signs of increased confidence as more CFOs plan to hire, show increased interest in M&A, etc.

John Elliott, Dean of Baruch's Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch's Zicklin School of Business, discuss highlights of the second quarter 2011 'Chief Financial Officers Outlook Survey', conducted quarterly by Financial Executives International and Baruch College's Zicklin School of Business. According to the survey, optimism in global economy drops among CFOs. While executives remain stable in their business outlook and expect large gains in net earnings, looming fears of the impact of an increase of the debt ceiling and the possibility of a double-dip recession are prompting them to extend their forecasts for the start of a U.S. economic recovery by more than a year to the second half of 2012 or beyond.

"This edition of Baruch Business Report is a conversation between John Elliott, the Dean of Baruch's Zicklin School of Business, and Terrence Martell, professor of Finance and International Business in Baruch’s Zicklin School of Business. The discussion starts with the results of this quarter’s “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business, and continues into a larger economic analysis. The survey results are described on Baruch’s website at http://www.baruch.cuny.edu/cfosurvey/ The conversation takes place on July 7, 2006."

The Baruch Business Report offers a conversation between John Elliott, Dean of Baruch’s Zicklin School of Business and Terrence Martell, Zicklin’s Saxe Professor of Finance and International Business in Zicklin. The discussion starts with the results of the fourth quarter 2008 “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business. Decisions being made on hiring, cutbacks, and capital are reviewed in light of CFO’s increasingly pessimistic perspective on business.

"The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch’s Zicklin School of Business. The discussion starts with the results of the third quarter 2007 “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business, and continues into a larger economic analysis including economic confidence, the federal rate cut, and the performance of SEC Chairman Christopher Cox. The survey results are available on Baruch College’s website at http://www.baruch.cuny.edu/cfosurvey/"

"The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch’s Zicklin School of Business. The discussion starts with the results of the second quarter 2007 “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business, and continues into a larger economic analysis including interest rates, outsourcing, and international accounting standards. The survey results are available on Baruch College's website at http://www.baruch.cuny.edu/cfosurvey/"

The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch’s Zicklin School of Business. The discussion starts with the results of the first quarter 2007 “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business, and continues into a larger economic analysis. After recession, the prevalent concerns of the CFOs this quarter were health care costs, consumer demand, and costs of regulatory compliance. Elliott and Martell discuss the fact that 83 percent of the CFOs say U.S. financial reporting regulations hinder the ability of U.S. capital markets to attract new listings versus other major financial centers around the globe. They also discuss the desirability of simplifying some reporting requirements for public companies. The survey results are available on Baruch College’s website at http://www.baruch.cuny.edu/cfosurvey/

The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch’s Zicklin School of Business. The discussion starts with the results of the fourth quarter “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business, and continues into a larger economic analysis. Elliott and Martell discuss concerns about recession and interest rates, the Federal Reserve’s “watch and see” approach, the impact of the falling U.S. dollar, healthcare costs, technology spending, allocating corporate pension assets to hedge funds and private equity funds, and the Sarbanes-Oxley Act. The survey results are described on Baruch’s website at http://www.baruch.cuny.edu/cfosurvey/

The Baruch Business Report offers a conversation between John Elliott, Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe Professor of Finance and International Business in Zicklin. The discussion explores the results of the 2Q08 “Chief Financial Officers Outlook Survey,” conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business. While CFO confidence in the economy is at an all-time low, their optimism about their companies’ financial health remains relatively stable. Dean Elliott and Professor Martell also discuss the ongoing volatility in the oil market, and possible changes at U.S. business schools as they incorporate courses on international financial reporting standards into the curriculum. The survey results are available on Baruch College’s website at http://www.baruch.cuny.edu/cfosurvey/

The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe Professor of Finance and International Business in Baruch’s Zicklin School of Business. The discussion starts with the results of the fourth quarter 2007 “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business, and continues into a larger economic analysis including economic confidence, recession fears, crisis in the credit industry, and whether public companies should provide quarterly earnings guidance. The survey results are available on Baruch College’s website at: http://www.baruch.cuny.edu/cfosurvey/index.htm

The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe Professor of Finance and International Business in Baruch’s Zicklin School of Business. The discussion starts with the results of the first quarter 2008 “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business, and continues into a larger economic analysis including CFOs concerns that the economic downturn in the U.S. is impacting their company’s budgets, spending and hiring, while more than one third of CFOs (34%) reported that the weakness of the U.S. dollar has led to increased international sales. The survey results are available on Baruch College’s website at: http://www.baruch.cuny.edu/cfosurvey/.

"The Baruch Business Report offers a conversation between John Elliott, Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe Professor of Finance and International Business in Zicklin. The discussion explores the results of the 3Q08 “Chief Financial Officers Outlook Survey,” conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business. As the full scope of the global financial crisis became clearer in the third quarter of 2008, more than 80% of participating CFOs stated their support for increased oversight in the market. CFOs also continue to cut back on expenditures in hiring and technology, bracing for what Professor Martell predicted would be a “very difficult (time) for several quarters.” The full survey results are available on Baruch College’s website at http://www.baruch.cuny.edu/cfosurvey/."

The recent turn of events in the global financial markets are a cause for concern for students, faculty and staff alike at Baruch. In order to explain the roots of the turbulence and offer some insights into the future of the financial sector, Terrence Martell, Saxe Distinguished Professor of Finance and director of the Weissman Center for International Business, and Dean John Elliott of the Zicklin School of Business have recorded a special edition of the Baruch Business Report podcast. The topics discussed in this episode include the implementation of the United States Treasury’s controversial Troubled Assets Relief Program (TARP), the effects of the program on retail and institutional banking, and a discussion of how these developments will affect executive compensation in the future.

"John Elliott, Dean of the Zicklin School of Business, Baruch College, briefly summarizes the findings emerged from the 2009 fourth quarter “CFO Outlook Survey” conducted by Financial Executives International (FEI) and Baruch College’s Zicklin School of Business. Over the past 2-3 years, we’ve watched a decline in CFO optimism of their company and economy. In the third quarter of this year, we saw for the first time a modest reversal. The optimism continued in the fourth quarter. CFOs report their plans for their companies, about the allocation of capital, about making investments and hiring. Specifically, Capital spending in the next 12 months is projected to rise 8.9%, versus 1% in the third quarter. Hiring will go up by 2.9%, versus 1.7% in the third quarter. CFOs were predicting to reduce their inventory levels in the third quarter; they are expecting to increase inventory levels by 2.5%. There are significant variations across various companies, industries, and characteristics. The talk takes place on January 29, 2010. "

The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch's Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch's Zicklin School of Business. The discussion provides an overview of the results of the first quarter 2010 'Chief Financial Officers Outlook Survey,' which is conducted quarterly by Financial Executives International and Baruch College's Zicklin School of Business. Their overview indicates that though most CFOs agree that recovery is on its way, the turnaround is happening very slowly and rising costs are further drawing out the pace. The topics of credit, health care reform, and stock market changes are also addressed in regard to their affect on economic recovery. To see the full survey results please visit: http://www.baruch.cuny.edu/cfosurvey

"The Baruch Business Report offers a conversation between John Elliott, the Dean of Baruch’s Zicklin School of Business, and Terrence Martell, Saxe professor of Finance and International Business in Baruch’s Zicklin School of Business. The discussion provides an overview of the results of the third quarter 2009 “Chief Financial Officers Outlook Survey,” which is conducted quarterly by Financial Executives International and Baruch College’s Zicklin School of Business. Their detailed summary examines why CFOs might be predicting an increase in earnings and revenue since last quarter and how this will affect the economy at large. The increasing costs of health care and its impact on business is also examined through this survey and analyzed in this talk. To see the full survey results please visit: http://www.baruch.cuny.edu/cfosurvey/"

In a recent audio podcast of the Baruch Business Report based on its second quarter survey conducted with Financial Executives International, Zicklin School of Business Dean John Elliott and Professor Terrence Martell reported that the nation should be in recovery from the recession in mid-2010. Although results indicated a slight optimism about the economy and that the rate of decline is improving, both Dean Elliott and Martell believe job growth is necessary to restore the economy.