Many Darden professors teach around the world, consult for global companies and conduct research about international business. Some of them are originally from outside the United States, have studied in other countries and collaborate with colleagues at universities worldwide. Beyond their academic expertise in international business issues, many Darden professors are sought-after thought leaders by corporations worldwide. Here are a few examples of Darden faculty members who are regularly involved in global activities as well as examples of recent faculty research. Faculty Profiles Yiorgos Allayannis serves as the Associate Dean of the Global MBA for Executives Program. He has taught in the First Year Finance program and elective courses in Portfolio, Valuation, and Financial Institutions and Markets. His primary research focus is on corporate risk management, exchange-rate risk, capital structure and corporate financial policies. Ming-Jer Chen, Leslie E. Grayson Professor at the Darden School, is a leading authority in strategic management. He is recognized for his pioneering work in competitive dynamics and ambicultural management. Chen has contributed to the East-West business dialogue via keynote speeches at such symposia as the World Economic Forum’s China Business Summit (Beijing, 2000) and the US-China Executive Summit (New York, 2004). He is the conference convener for the Strategic Management Society’s Special Conference in China (2012). Prior to Darden, he founded and directed Wharton’s Global Chinese Business Initiative and served on the faculty at Columbia. In addition, he has held honorary, advisory or visiting appointments at universities in China, Hong Kong, Taiwan and Singapore. Pedro Matos is an Associate Professor in Darden's Finance area. His research focuses on international corporate governance and the growing importance of institutional investors in financial markets worldwide. He holds a B.A. in Economics from Universidade Nova de Lisboa (Portugal) and a Ph.D. in Finance from INSEAD (France). Prior to earning his Ph.D., he worked with the Portuguese Ministry of Finance and consulted for the World Bank. Saras D. Sarasvathy is a member of the Strategy, Entrepreneurship and Ethics area and teaches courses in entrepreneurship and ethics in Darden’s MBA program. In addition, she teaches in doctoral programs not only at Darden, but also in Denmark, India, Croatia and South Africa. In 2007, Sarasvathy was named one of the top 18 entrepreneurship professors by Fortune Small Business magazine. Francis E. Warnock is a member of the Global Economies and Markets (GEM) area. Warnock developed and delivers GEM's First Year core elective "Global Financial Markets" and the year-long "Markets for Human Hope" course. Warnock is an expert on international capital flows, international portfolio allocation and financial sector development. Warnock's work has been featured in Financial Times, The Economist, Barron's, The Wall Street Journal and The New York Times. Faculty Research The Darden faculty members take their global perspectives and experiences beyond the classroom but by conducting critical business research and convening thought leaders from around the globe. In 2014-2015, nearly 50% of full-time faculty members traveled internationally to present at conferences, teach, and share their latest research. A few examples include: 2015 Dennis Yang gave a keynote address on "Effects of FDO Policies and Product Variety and Wage Inequality at the 2nd Biennial Conference of China Development Studies in Shanghai, China. He also presented "Mandatory Retirement and the Consumption Puzzle: Prices Decline or Quantity Decline" at the same event. Pedro Matos presented Asset Management within Commercial Banks Worldwide: International Evidence at Maastricht University (Vienna, Austria), University of Tilburg (Tilburg, Netherlands), and at the CFA Institute (Brussels, Belgium). Paul Farris gave the keynote address, “Measuring Retail Availability of Consumer Products: A Brief History” at the 8th Latin American Retail Conference (CLAV): Competitiveness and Innovation in Sao Paulo, Brazil.Frank Warnock and Veronica Cacdac Warnock served as Academic Visitors at the National University Singapore Institute of Real Estate Studies and presented their new research on housing. 2014 Ed Freeman presented the keynote address Value Creation Stakeholder Theory to a conference on Corporate Responsibility: Stakeholder Management and decision making at the Nijmegen School of Management, Radboud University, Nijmegen, Netherlands. Ed also presented “A Conversation on Stakeholder Management” to the ING Headquarters Stakeholder Team, Amsterdam, Netherlands. In Fall 2013, Freeman was awarded honorary doctorate in management science from Radboud University.Gal Raz led a faculty delegation from Darden, Harvard and Ivey to Israel to focus on curriculum development and writing case studies on Israeli success stories in the area of technology. The group met with Israeli companies to learn about innovation, entrepreneurship and technology in the fields of hi-tech, bio-tech and clean-tech. The Darden delegation included: Yiorgos Allayannis, Martin Davidson, Liz Demers, Elliott Weiss and Gerry Yemen.Saras Sarasvathy held a talk in Bangalore with the TIE. She also facilitated a workshop for technology entrepreneurs at Accelerace in Copenhagen, Denmark and led a roundtable of entrepreneurship educators from South Asia in Jakarta, Indonesia. Additionally, she worked on a paper entitled, "An Effectual Approach to International Entrepreneurship: Overlaps, Challenges and Provocative Possibilities" that was published in the top entrepreneurship journal Entrepreneurship Theory & Practice on international entrepreneurship; she co-authored this paper with Darden doctoral alumni Jeff York and two faculty members at the Indian Institute of Management at Bangalore where she has a chaired professorship.Andy Wicks visited Aukland, New Zealand and Melbourne, Australia and presented six talks at five different universities. He presented "Stakeholder Theory and Value Creation: Theoretical Development and Executive Engagement" to the University of Aukland School of Business, University of Melbourne’s School of Business and to Deakin University’s School of Business. At the University of Melbourne, Wicks also presented "Research Ideas and Developments.” At the Monash University’s School of Business and as part of the ABEN Teaching Business Ethics Series, Wicks presented "Teaching Business Ethics in a Global Environment: Challenges of Integration and Engagement." Finally, at Massey University’s School of Business, he spoke about "Reclaiming Business as a Human Institutions: The Relevance of Ethics, Spirituality and Value Creation for Stakeholders." 2013 Pedro Matos presented “Does Institutional Ownership Matter for International Stock Return Comovement?” with J. Faias, M. Ferreira and P. Santa-Clara at the 2013 China International Conference in Finance in Shanghai, China and at the European Finance Association Meetings in Cambridge, UK.Dan Murphy presented "Why are Goods and Services More Expensive in Rich Countries? Demand Complementarities and Cross Country Prices Differences" at the following venues: Penn State New Faces in International Economics Conference, June 2013; Swiss National Bank, Inflation Dynamics in a Post-Crisis Globalized Economy Conference, August 2013; and School of Advanced International Studies, Seminar, September 2013.Anton Ovchinnikov presented “Strategic Consumers, Myopic Retailers” at the EURO conference in Rome, Italy, July 2013 and at the M&SOM conference in Fontainebleau, France, July 2013.Frank Warnock presented at invited seminars at Trinity College Dublin and the Aix Marseilles School of Economics as well as at the Reserve Bank of New Zealand Conference on Monetary Policy in Open Economics.Dennis Yang delivered a keynote speech on “Changes in China’s Wage Structure” at The 1st Biennial Conference of China Development Studies in Shanghai, July, 2013.