International Business
It is readily accepted that international dimensions of business
will be of greater concern as the global marketplace continues
to develop. A fully integrated European community changed the
way corporations and individuals do business worldwide. Of perhaps
even greater potential importance is the continuing integration
of the North American Free Trade Area and the emergence of Eastern
Europe and developing nations into the world marketplace. Faculty
in the College of Business Administration are pursuing important
research questions and developing outreach and educational activities
with a grant from the U.S. Department of Education that will aid
U.S. business in understanding and competing effectively in this
changing environment. Faculty in the School of Accounting are
directing attention to the flow of funds in international capital
markets, the emergence of entirely new capital market centers,
and the uses made of the various capital centers. Law faculty
from the Department of Economics and Legal Studies in Business
are examining international arbitration proceedings as they affect
U.S. firms engaged in international trade and finance. Other faculty
in the College have initiated contact with colleague faculty and
representatives of business and government in Eastern European
countries, Mexico, and South America to address education and
public policy questions that must be answered.