Barry University’s Andreas School of Business, finance and economics professors, Dr. Bruce C. Payne and Adnan Daghestani, co-authored a scholarly research paper titled “A Financial Profile of those Firms that Significantly Increased Executive Compensation Packages in a Period of Economic Recession and the Effects of Those Increases on the Value of the Firm.”
Alongside professor of management at Nova University, Anne Fiedler, Payne and Daghestani won the 2012 Federation of Business Discipline (FBD) Distinguished Paper Award. The selection committee of the Southwestern Society of Economists (SSE) chose their paper to be presented at 2012 SSE Conference in New Orleans, LA. March 1, 2012.
Payne, Daghestani and Fiedler will be invited to the FBD 2012 Annual Awards and Recognition reception and dinner at the Sheraton Hotel in New Orleans on Feb. 29, 2012 to celebrate the distinguished research accomplishment.
"We are honored, of course, to receive the Federation of Business Discipline's Distinguished Paper Award," said Payne. "The real reason that we continue to work hard on research is that everything in business is in a state of constant change. We are obligated to add to the body of existing knowledge and pass our findings on to our students and others and are obligated to do all we can possibly do to give our students an "edge" in the employment market."
A member of the Society of Economists (SSE) for 30 years, Payne has presented a paper for the business educator’s conference almost every year and has won the SSE Distinguished Paper Award twice before, in 1995 and 2000 and has more than 55 published articles in peered-review journals.
Payne, a Barry professor since 1998, has played a major role in several initiatives for the business school including its initial accreditation by AACSB International - The Association to Advance Collegiate Schools of Business.
The Federation of Business Disciplines is a nonprofit, volunteer-driven organization founded in 1973 for those disciplines common to business administration. It boasts national and international constituencies of more than 1,000 college professors from schools of business attending its annual meetings.
Barry University is a private, Catholic institution with a history of academic excellence in the Adrian Dominican tradition. Founded in 1940 in Miami, Florida, the University enrolls nearly 9,000 students and offers more than 100 undergraduate and graduate degree programs through its nine academic schools and colleges, including Adult & Continuing Education, Business, Education, Human Performance & Leisure Science, Law, Podiatric Medicine, Social Work, Arts & Sciences, and Health Sciences.