2006 Annual Report FBE

Annual Report 2006Outlook 2007

E+C AR06 final no3 21/5/07 3:52 PM Page 1


Annual Report 2006 Outlook 2007 01

2 Message from the Dean

4 The University of Melbourne

5 Faculty of Economics and Commerce

8 Academic Programs

11 Research and Research Training

12 Internationalisation

15 Staffing

16 Distinctions and Awards

18 Business and Community

20 Statistical Tables

23 Research Grants awarded in 2006

27 Departmental Profiles

30 Centres in the Faculty

35 Graduates of the Faculty

37 Commerce Alumni Society Report 2006

38 Advancement Unit

39 People in the Faculty

CONTENTS

‘The depth and quality of the research and teaching programs in the Faculty is

unparalleled in Australia.Professor Margaret Abernethy

‘



The Melbourne Model aligns the University more fullywith the education framework being implementedacross Europe and includes elements of the Americanliberal education tradition. The new Bachelor ofCommerce will offer students flexibility in subjectchoice and will continue to provide for professionalaccreditation requirements of key industry associations.

The introduction of innovative undergraduate degreeswill strengthen international recognition of Melbournedegrees, position graduates for global employment,provide a curriculum that assists students develop a broader skills and experience base and willdifferentiate the University within the Australian higher education sector.

The new generation Bachelor of Commerce will offerenhanced pathways into employment, research andthe Faculty’s extensive suite of graduate professionaland practitioner programs.

During 2006, the Faculty also invested considerableeffort into planning for our new Graduate School. Over 1600 students are now enrolled in more than 20 graduate courses offered at graduate diploma,masters and PhD level. The establishment of the new Graduate School will afford the Faculty theopportunity to fully review the entire range of graduateprograms that we offer, ensuring we continue to be at the cutting edge with regard to the industry-relevance of our qualifications.

An element of the review will be to fully embrace the move to graduate-level business education forthose with undergraduate degrees across a range of disciplines. The graduate suite of programs isdesigned to encompass the needs of a diverse group of students. In addition to the continuing need foradvanced practitioner and professional programs, the Faculty also delivers programs designed to address demand from students with non-commerceundergraduate degrees. Implementation of theMelbourne Model will act to further increase thedemand for both wide-ranging and specialistcommerce graduate qualifications, given itsstreamlined pathways into these programs fromBachelors degrees delivered by other faculties.

The Faculty of Economics and Commerce is a long-standing innovator in business education in this country. The range of reforms in 2006 testifies to this and we are keen to continue this tradition.

2006 saw a succession of national and globalachievements that reinforced our position as Australia’s leading business educator. These included:

– Playing a significant role in the University ofMelbourne winning the largest share of anyuniversity of the Commonwealth Government’s2007 Learning and Teaching Performance Fund(LTPF) and being ranked in the top tier for excellence in teaching.

– All Departments within the Faculty falling within the top 3 in the country in their respectivedisciplines, in a study of teaching and researchquality undertaken by the Melbourne Institute.

MESSAGE FROM THE DEAN

2006 proved to be another landmark year for the Faculty, our outstanding research and teachingperformances were recognised at national and international levels and we made a significantcontribution to the implementation of the University’s new strategic plan ‘Growing Esteem.’Considerable effort was invested in developing the new generation Bachelor of Commerce degree, one of the six new degrees offered through the Melbourne Model.

Professor Margaret Abernethy, Dean



– The establishment of Business@Melbourne as an ‘umbrella brand’ for both the Faculty and theMelbourne Business School, ensuring the twocomplement each other.

– Success in the awards for Australian UniversityTeaching made by the Carrick Institute for Learningand Teaching in Higher Education in 2006. ProfessorNilss Olekalns, Associate Professor Carol Johnston,Mr Paul Andonov and Ms Nahid Khan received theaward for their work on the program ‘Assessmentfor Learning: An integrated and CALM approach.’

– Continued expansion and refinement of thescholarship program for international students anddomestic students, ensuring the brightest studentsregardless of means are able to study with us.

– Ongoing excellent graduate outcomes forundergraduates and postgraduates with highemployer demand and salaries well above thenational average.

In a notable event for the year, an honorary doctoratewas awarded to the Governor of the Reserve Bank, Mr Ian Macfarlane AC. Mr Macfarlane has beenacknowledged as the outstanding public economist of his generation in Australia due to his contributions to international economic affairs and in his role inpromoting debate on economic policy in Australia.

Faculty graduation events were given a new dimensionas our inaugural Valedictorians Harvey Lee (Master ofBusiness and Information Technology), Lisa Krepp(BCom Hons), Melissa Alcorn (BCom/ BInformationSystems) and Yun-Han Lee (BCom) spoke on behalf of fellow graduates to acknowledge and thank thosewho have supported them during their study.

I also wish to acknowledge and thank two alumni whopresented the Occasional Address to the graduatingclasses, Mr Peter Yates and Mr Tom Elliot whoinspired our graduates for their future endeavours.

Our students have embraced community service withstudents in the Student in Free Enterprise team beingacknowledged nationally for their contributions toorganisations such as the Yooralla Society. We applaudand support these activities and with the creation of the Advancement Unit our future relationship withbusiness, community and alumni will be enhanced.

In 2007 we will continue to implement initiatives tobecome the leading Economics and Commerce Facultyin the region and one of the best in the world by:

– Clearly defining the paths to international researchexcellence

– Continuing to refine and expand our scholarshipprograms at both undergraduate and graduate levelto ensure that we attract the finest minds into ourFaculty

– Enhancing our state-of-the-art infrastructure with acommencement of our world class business facility

– Diversifying our student mix to enrich the studentexperience

– Boosting links with industry, government and thecommunity to enhance knowledge transfer activitieswith students and staff – the third strand of thetriple helix that underpins the University’s GrowingEsteem Strategic Plan

Finally, I wish to acknowledge and thank the manyfriends of the Faculty who have supported andassisted us this past year.

I hope that you will find this report on the activities of the Faculty in 2006 and the profile of the academicand professional staff of interest.

Please do not hesitate to contact the Faculty if youwould like more information.

Professor Margaret A. Abernethy

Dean



Melbourne is a globally significant research institution.It is the largest in terms of both research expenditureand income and is the second largest research anddevelopment organisation in Australia, a positionenhanced by its proximity to so many of the nation’sindependent medical research institutes in Parkville.

The University’s research culture infuses, informs and enhances all aspects of our teaching and learning.University of Melbourne staff include Nobel laureates,eminent scholars, award-winning researchers andother internationally renowned academics. Across thespectrum of teaching disciplines, Melbourne is part of an international network of scholarship, offering itsstudents excellent academic and research prospects.

The University of Melbourne is a vibrant institutionwith a reputation for excellence built over 150 years.Our success has been achieved by insisting oninternational excellence, and alignment with globalbest practice in teaching and research.

The University community is made up of 40,000students including more than 9,000 internationalstudents from a least 100 different countries. There are more than 6,500 staff.

The Faculty of Economics and Commerce is one of 12faculties. The others are the faculties of Architecture,Building and Planning; Arts; Education; Engineering;Law; Medicine, Dentistry and Health Sciences; Music;Science; Veterinary Science, Land and Food Resourcesand the Victorian College of the Arts. Each facultyoffers a range of degrees ranging from bachelors,masters, graduate and postgraduate diplomas. A highproportion of undergraduate students take subjectsfrom more than one faculty and many are concurrentlyenrolled in degrees from two faculties. The Universityalso confers the Doctor of Philosophy degree andhigher doctorates.

The University of Melbourne is a member of theprestigious Group of Eight, comprised of the leadingcomprehensive research-intensive universities inAustralia. In addition, the University is a member of Universitas 21. Universitas 21 is an internationalnetwork of leading research-intensive universities. Itspurpose is to facilitate collaboration and cooperationbetween the member universities and to createentrepreneurial opportunities for them on a scale thatnone of them would be able to achieve operatingindependently or through traditional bilateral alliances.

The main University campus covers 20 hectares and islocated at Parkville, adjacent to the Melbourne centralbusiness district and near Carlton’s vibrant LygonStreet precinct. A number of residential colleges andstudent apartments are located close to the campus.

THE UNIVERSITY OF MELBOURNE

Established in 1853, the University of Melbourne is a public-spirited institution that makesdistinctive contributions to society in research, teaching and knowledge transfer. The University is consistently ranked as Australia’s premier tertiary institution and achieved an international rankingof 22nd in the world in 2006 by the Times Higher Education Supplement.



HISTORY

Building on its long history, the Faculty has a proudrecord of innovation in teaching, and excellence inresearch. Economics has been taught at the Universityof Melbourne since its foundation, commencing withthe appointment of W.E. Hearn as professor of historyand political economy in 1855. The Faculty itself wasestablished in 1924 and teaching for the Bachelor ofCommerce degree commenced the following year.The founding Dean of the Faculty was Professor Sir Douglas Copland who remained a leading figure in Australian economics and politics until his death in 1971. The Faculty’s 500 seat Copland LectureTheatre perpetuates his memory.

The Faculty of Economics and Commerce has alwaysbeen a pioneer in business education in Australia. It led the way in teaching marketing since the 1930’s and in appointing, in 1954, the first full-time professorof accounting in the country, A.A. Fitzgerald.

The Faculty commenced teaching the MBA degree in1963 (now taught in the Melbourne Business School).More recently, master degrees in business and IT,applied finance, international business, appliedcommerce and accounting have been introduced and a new generation Bachelor of Commerce will be offered from 2008.

During its long history, the Faculty’s student populationhas changed, from an initial intake in 1925 of pre-dominantly part-time students working in commercein the city of Melbourne to a significant cohort of full-time students drawn from high-performers both in Australia and overseas.

The Faculty has an extensive alumni body, numberingsome 25,000 students who have graduated since itsfoundation 80 years ago. Many of these graduates nowoccupy senior positions in business, government andacademia, both within Australia and around the world.

FACULTY OF ECONOMICS AND COMMERCE



CURRENT PROFILE

The Faculty is a leading centre of business andeconomics education, research and innovation. Our academic staff make key contributions toprofessional and public debate through publications in the international scholarly literature, conferences,lectures and executive education. They are alsoregularly asked to provide expert advice to the highestlevels of industry and government, both nationally and internationally and have won numerous awards in teaching and research excellence.

The aims of the Faculty of Economics and Commerceat the University of Melbourne are to:

– Conduct and disseminate research of internationalstanding in the disciplines of accounting, actuarialstudies, economics, econometrics, finance, businessinformation systems, international business, humanresource management, management and marketing

– Provide the highest quality of teaching and trainingto students drawn from the brightest students inAustralia and overseas

– Develop close and mutually beneficial relationshipswith business, government, the not-for-profit sectorand the professions, both nationally andinternationally.

Teaching and research is undertaken by fourDepartments: Accounting and Business InformationSystems, Economics, Finance, and Management andMarketing. The Centre for Actuarial Studies is located inthe Department of Economics. The Melbourne Instituteof Applied Economic and Social Research is alsolocated within the Faculty. Close collaboration existsbetween departments in both teaching and research.

The Faculty also includes a specialist Teaching andLearning Unit (TLU), which was the first of its kind in Australia. The Unit is instrumental in supportingstudent learning, the development of innovativeteaching practices and improving the teaching andlearning culture throughout the Faculty.

Some 7,500 students are enrolled in the variousdegrees and diplomas offered by the Faculty.Approximately 5,962 students, representing 25% ofundergraduates in the University, are enrolled in theBCom, either as a single degree, or, more commonly,in combination with another degree such as Arts, Law, Engineering, or Science. Over 1,600 students are enrolled in postgraduate diplomas and degrees,including 126 in research higher degrees.

In 2006, the Faculty taught in excess of 7,500students. Of this load, 41 per cent are Australianstudents paying under an income contingent loanscheme (HECS) with some government subsidy, 48 per cent are international students and 11 per cent are full fee-paying Australian students.

There are 179 full time equivalent academic staffemployed in the Faculty supported by 131 professionalstaff. The Faculty prides itself on its internationalreputation, which is fostered by staff and studentexchanges with overseas universities. Staff publish in leading international journals and contribute toapplied research and policy within Australia.



2006 FACULTY HIGHLIGHTS

The Faculty achieved recognition for teaching andresearch outcomes and was confirmed as one of thelargest and most successful such faculties in Australia

The Faculty’s teaching excellence has been recognisedwith the award from the Commonwealth Government’s2007 Learning and Teaching Performance Fund (LTPF). Melbourne was ranked No 2 in business and economics for teaching excellence.

In addition, a team of staff from the Faculty ofEconomics and Commerce’s Teaching and LearningUnit earned the Carrick Award for Programs thatEnhance Learning in the category of ‘Assessment and Feedback’. Professor Nilss Olekalns, AssociateProfessor Carol Johnston, Paul Andonov and NahidKhan were recognised for their Internet-based subject delivery and assessment system, ‘Critical and Analytical Learning in Macroeconomics (CALM).

Research outcomes in the key discipline areas of accounting and business information systems,economics, finance, management and marketing were recognised through top international andAustralian rankings.

Business and Economics are included in the SocialSciences category in which the University ranks equal77th in the world according to the Shanghai Jiaotongdiscipline rankings. Similarly, the Melbourne Institutesurvey of major academic disciplines in Australianuniversities awarded topped overall ratings forbusiness and economics.

Another highlight was the University’s plans to create a cluster of world-class business and law talent andfacilities in its University Square precinct. The initiativeis one of the recommendations of a report on businesseducation at the University that follows an extensivereview of how the University of Melbourne offersbusiness education through two key institutions – the Faculty of Economics and Commerce and theMelbourne Business School which offers MBAprograms, and executive education through its Mt Eliza Centre for Executive Education.

The review Report proposed a number of measures to build on the complementary strengths of theMelbourne Business School and the Faculty ofEconomics and Commerce. The Faculty of Economicsand Commerce will relocate to Berkeley Street oncompletion of the new 12 storey, $118 million learningcentre. The Faculty’s commitment to build a worldclass Graduate School through development of itsprofessional graduate programs as well as its PhDprograms will be facilitated by this new state-of-the-artGraduate School being built in the precinct.

Shown above with a model of the building (from left) are Deanof Economics and Commerce Professor Margaret Abernethy,

Joint Managing Director of construction company Probuild, Mr Ted Yencken, and CEO of Metier3, Mr Andrew Norbury



UNDERGRADUATE

The Bachelor of Commerce (BCom) is a flexible degreeallowing students to shape the course to suit theirinterests. The degree is designed to develop powersof critical thinking and analysis that can be applied tomany fields and equip graduates to enter the world of business. The BCom degree comprises 24semester-length subjects or the equivalent, taken over three years (full-time) or six years (part-time).There are five compulsory subjects and students areable to select the remaining 19 subjects from the fullrange of commerce related subjects and have theopportunity to study non-commerce subjects. In 2007,the clearly-in ENTER for a Commonwealth SupportedPlace in the Bachelor of Commerce degree was 95.05,representing the top five per cent of students in the State with comparable levels for interstate and international students. Standards of entry for combined degrees were even more competitive.

The total number of students enrolled in the Bachelorof Commerce in semester 2 2006, either as a singledegree or as a combined degree, was 5654.

Faculty engagement in 2006 included the VCE LectureSeries; Master Class; UniSummit; school visits andFaculty representation at expos in metropolitan andregional Victoria, as well as on campus activitiespromoting the Melbourne Experience.

The VCE Lecture Series attracted some 2000 VCEstudents studying Accounting, Economics andBusiness Management. In 2006, 775 high-achievingYear 10 students representing over 110 schoolsparticipated in the Master Class. Over 7,000 VCEstudents and parents visited Faculty staff and facilities during Open Day in August.

Twenty-eight of the Faculty’s students also engagedwith community through the University’s StudentAmbassador Leadership Program. As part of thisprogram, each student volunteered 40 hours in thecommunity with organisations including: AustralianRed Cross, Edmund Rice Camps, Interchange,Melbourne City Mission, Starlight Children’s

Foundation, Sudanese Australian Integrated Learning(SAIL), Victorian Law Foundation and Wesley MissionAustralia.

The guest speaker at the annual Dean’s Awardsceremony was Professor Sir James Mirlees, Nobellaureate in Economic Science in 1996. Facultyemployer groups continue to generously supportstudents with sponsorship of prizes and scholarships.

The Faculty’s eight student societies were again veryactive offering opportunities for students to networkwith employers, professional associations and todevelop friendships.

Results of the 2005 Graduate Destination Survey were released in 2006, showing Faculty Bachelorgraduates continue to perform well. A snapshot ofoutcomes were:

– Of those available for full-time work, 89% wereworking full-time;

– Work sector destination: 86.8% private sector,10.8% government;

– Median salary $41,000 (national average forgraduates in the field – $37,000);

– Mean hours of work per week was 43 and meanage at employment was 23 years;

– 81.8% of Bachelor respondents said they had a paid job in their final year of study;

– 12% of Bachelor respondents engaged in paid orunpaid career related work as part of their course,while 53% completed work related to their career,outside of their course;

– 92% of Bachelor graduates surveyed describedtheir current position as either directly related orsomewhat related to their completed course.

In 2006, the following undergraduate courses wereoffered by the Faculty of Economics and Commerce:Bachelor of CommerceBachelor of Commerce (Management)Bachelor of Commerce (Honours)

ACADEMIC PROGRAMS



The Bachelor of Commerce (BCom) is a three year full-time program. The honours degree requires afurther one year of full-time study. The Bachelor of Commerce aims at developing powers of criticalanalysis that can be applied in many fields, andprovides professional training for a wide variety ofprofessions. The honours program allows students to further develop the specialisation they haveundertaken as part of the pass degree.

In 2006, the Bachelor of Commerce and Bachelor of Commerce (Management) were also offered as a combined degree with each of the following:Bachelor of Agricultural ScienceBachelor of ArtsBachelor of Arts (Media and Communications)Bachelor of EngineeringBachelor of Information SystemsBachelor of LawsBachelor of MusicBachelor of Science

Each combined course is a five year full-time programafter which students graduate with two degrees.

GRADUATE PROGRAMS

The Faculty offers a wide range of graduate degrees to suit students at varying stages of their educationand career as follows:

– Professional Programs – for recent graduates whowould like a business qualification to help them starttheir career or change career path. Entry to theseprograms does not require work experience andmost are designed for applicants who do not havean undergraduate business or commerce degree.

– Practitioner Programs – for experiencedprofessionals looking to accelerate their careers with advanced expertise in their own field, or bydeveloping capabilities in a new area.

– Research Programs – research and research-orientedprograms, including the research higher degrees and masters degrees. These programs developstudents’ advanced theoretical knowledge andresearch capabilities in preparation for academic and other research-focused careers.

More than 1600 graduate students were enrolled in masters and research higher degrees programs in 2006 up from 1474 in 2005 and 940 in 2004.Graduates enjoy excellent career outcomes, rewardingclassroom experiences and high levels of support fortheir academic and professional development.

In 2006, the Master of Business and InformationTechnology (MBIT) was accredited by the AustralianComputer Society as a recognised industry trainingqualification for information and communicationtechnology (ICT) professionals. The course provides a combination of business knowledge and skills,together with an understanding of the businessapplications of ICT.

Provision of high level career support services is of utmost importance as these professional courses are designed to educate graduates who have chosen to move from another field to the field of commerce.They are also important to meet the needs ofpractitioners wanting to advance their careersthrough higher qualifications.

Through a comprehensive suite of services thePostgraduate Careers Program has been meetingstudents’ career development needs. The fortnightlyCareer Minutes eNewsletters keeps students up-to-date with career news and events.

The interactive Career Hours workshops engaged over 250 students in knowledge and skill buildingactivities essential for their career advancement.These workshops also created opportunities for local and international students to communicate with each other in a relaxed but nonethelessprofessionally focused environment.



More than 100 students benefited from personalisedcareer strategy sessions and developed individualplans, spanning from goal clarification throughopportunity awareness to industry engagement and setting the stage for future career success.

The Online CV Book has become another channel forstudents and recruiters to connect. Since its launch inSeptember 2006, many students created their onlineCV and a growing number of employers use it to tapinto the postgraduate talent pool.

Engagement with employers, professional associationsand industry experts is also the key to Career Days,offered each semester. Representatives from NAB,KPMG, AXA, Ernst and Young, Victorian StateGovernment, BSI, together with CPA and ICA as well as Westaff and Hudson participated in 2006.

Further moving beyond the walls of the University, a number of students with knowledge and skillscongruent with the needs of participating companieshad the opportunity to be engaged in paid or unpaidinternship during the year. This was with the purposeof delivering maximum benefits to all parties involved by efficiently completing projects while gaining usefulcorporate work experience.

By delivering these career development opportunitiesand engagement models the Postgraduate CareersProgram has been facilitating knowledge transfer andcommunity engagement. This is in line with firms’corporate citizenship priorities as well as the GrowingEsteem strategy of the University.

The following graduate programs are offered by the Faculty of Economics and Commerce:

Graduate Certificate in Business Forensics

Graduate Diploma in Actuarial Studies

Graduate Diploma in Economics

Graduate Diploma in Management Studies

Postgraduate Diploma in Economics

Postgraduate Diploma in Finance

Master of Accounting

Master of Applied Commerce

Master of Applied Commerce (Accounting)

Master of Applied Commerce (Business Analysis and Systems)

Master of Applied Commerce (Human ResourceManagement)

Master of Applied Commerce (International)

Master of Applied Commerce (Marketing)

Master of Applied Commerce (OperationsManagement)

Master of Applied Commerce (Organisational Change)

Master of Applied Finance

Master of Business and Information Technology

Master of Financial Management

Master of Human Resource Management

Master of International Business

Master of Commerce in Management (by Advanced Seminar and Shorter Thesis)

Master of Commerce (coursework)

Master of Commerce (by thesis)

Doctor of Philosophy (PhD)

PhD in Management

PhD with Coursework (Accounting and BusinessInformation Systems)

PhD with Coursework (Economics)

PhD with Coursework (Finance)



The Faculty has performed extremely well attainingseven ARC Discovery grants commencing in 2007with a Faculty lead Chief Investigator. This representeda success rate of 43 percent which is a significantachievement given that the national success rate was 20.4 percent. The Faculty was also awarded four new ARC Linkage grants in 2006 demonstratingour commitment to work with industry partners onprojects that are relevant and achieve appliedoutcomes.

The Faculty continues to produce inter-disciplinaryresearch across a number of areas. For example, in the area of health services research, the NationalHealth and Medical Research Council Health ServicesProgram awarded a grant of over two million dollars to Professor Tony Scott and Dr Guyonne Kalb in theMelbourne Institute of Applied Economics and SocialResearch. They will undertake a longitudinal study ofAustralian doctors over five years commencing in 2007.

We continue to publish the outcomes of our researchfindings in the best journals both nationally andinternationally. The Faculty’s 2005 DEST publicationaudit completed in 2006 showed a 54% increase inthe number of weighted DEST research publications in comparison with publications for 2004.

We recruit the very brightest research students who work under the guidance of highly qualified and prominent researchers. In 2006 the Facultycongratulated Dr Penny Smith, a former PhD student at the Melbourne Institute of Applied Economic and Social Research, on her award of the Chancellor’s Prize for excellence in the PhD thesis for thesespassed in 2005 in the Social Sciences. Pennycontinues to undertake research at the MelbourneInstitute as a Research Fellow.

RESEARCH AND RESEARCH TRAINING

The Faculty was successful in attracting peer-reviewed research funding, published researchfindings in the top ranked journals both internationally and nationally and produced PhD andMasters graduates of the highest quality in 2006.



Staff of the Faculty made numerous overseas visitsduring 2006 to profile the Faculty and University,pursue institutional links and to recruit students. The Associate Dean (International) participated in a senior University delegation, led by the Deputy Vice-Chancellor (International), which visited Chile,Argentina, Brazil, Peru and Colombia. A newagreement was signed with HEC (Paris) providing new opportunities for staff and student exchange.Students and staff are now able to collaborate withover 100 institutions worldwide.

The Faculty also hosted a number of high-profilevisitors and delegations including Professor EduardoMoron, Research Director of the Business School at Pacifico University in Lima and delegations fromUniversitas Indonesia and Gadja Madah Universitas.

We also hosted the inaugural Melbourne-IndiaResearch workshop, which involved six of India’sleading research economists collaborating withacademic staff of the Faculty. In addition, the sixth Joint Research Symposium with the NationalUniversity of Singapore was held 14-15 December on the topic of Regulation, Governance and Markets in Small, Open Economies.

The Faculty again sponsored successful GraduateCareer and Employer events in 2006 in Shanghai,Hong Kong, Singapore, Kuala Lumpur and Jakarta.

The Faculty continues to develop its suite ofscholarships for international students, with a particular emphasis on assisting students fromdeveloping countries who might not be able to studyat Melbourne without support from the Faculty. In2006 we also instituted a new fund, which provides for humanitarian assistance to partner institutions and students who are affected by natural disasters or similar events.

Research collaboration with overseas scholarscontinues to grow in importance. Each department has an active seminar series featuring internationalresearchers and all hosted numerous visitors during 2006.

INTERNATIONALISATION

The Faculty continued to perform extremely well during 2006 in terms of attracting high qualityinternational students and developing links with leading international institutions. Links with ourtraditional partner countries such as Malaysia, Singapore and Indonesia continue to be of vitalimportance, but the Faculty recognises the need to work to develop new links as a means toensure diversity in our student body, to offer students a wide range of opportunities for exchangeand to provide staff with opportunities to pursue research and teaching in new regions. The workwhich the Faculty has put in to developing partnerships in India, Latin America and Europe has led to a number of important institutional linkages as well as increases in enrolments from theseregions, and during 2006 we continued to consolidate our position.

Ms Rocio Karibian



STUDY ABROAD ANDEXCHANGE OPPORTUNITIES

An important part of the Faculty’sand University’s internationalisationagenda is ensuring that ourstudents have a genuinelyinternational experience, by being exposed to internationalstudents in Melbourne and havingthe opportunity to study at partnerinstitutions overseas. The Facultywelcomed over 110 students from study abroad and exchangepartners in 2006. Scholarshipswere made available for studentsfrom Melbourne to study atpartner institutions overseas andmany Melbourne students wenton exchange to countries including the UK, USA, Italy, Germany andthe Netherlands.

The Faculty of Economics andCommerce currently has exchangeprograms with the institutions listed on pages 13-14. Studentsfrom these institutions are invited to apply to study within theFaculty. Opportunities exist forcurrent students of the Faculty to study at these institutions also.Students of institutions not listedare invited to apply for the StudyAbroad program within the Faculty.

PARTNER INSTITUTIONS FOREXCHANGE PROGRAMS

AustriaUniversity of Vienna

CanadaMcGill University Queen’s University University of British Columbia University of Toronto

BrasilUniversidade de São Paulo

ChilePontificia Universidad Católica de ChileUniversidad Adolfo IbañezUniversidad de Chile

China (People’s Republic of) Chinese Academy of SciencesChinese Academy of SocialSciencesFudan UniversityNanjing UniversityNankai UniversityPeking University Tsinghua UniversityUniversity of Hong KongUniversity of Science andTechnology of China

ColombiaUniversidad de Los Andes

DenmarkUniversity of Copenhagen

FinlandUniversity of Helsinki

FranceBordeaux I – University, Sciences,TechnologiesBordeaux II – Victor SegalenUniversityBordeaux III – Michel deMontaigne UniversityBordeaux IV – MontesquieuUniversityHautes Etudes Commerciales(HEC) ParisInstitut d’Etudes Politiques(Sciences Po)Lyon II – Lumiere UniversityLyon III – Jean Moulin UniversityParis VII – Denis Diderot University

GermanyAlbert Ludwigs University FreiburgEuropean Business SchoolFree University of BerlinHumboldt UniversityTechnical University of BerlinUniversity of Heidelberg

IndiaIndian Institute of Science

IndonesiaGadjah Mada UniversityUniversity of Indonesia

IrelandUniversity College, Dublin

ItalyUniversity of BolognaUniversity Ca’ Foscari VeniceUniversity of Commerce ‘LuigiBocconi’University of PadovaUniversity of PerugiaUniversity of Siena



JapanDoshisha UniversityHitotsubashi UniversityJapan Women’s UniversityKeio UniversityKyoto University Ritsumeikan University Sophia UniversityTokyo Institute of Technology

KoreaKorea Advanced Institute of Science and TechnologyKorea UniversityPohang University of Science and TechnologySeoul National University

LatviaUniversity of Latvia

LithuaniaVilnius University

MalaysiaUniversity of Malaya

MéxicoInstituto Tecnológico de Monterrey

The NetherlandsErasmus University of Rotterdam,School of ManagementLeiden UniversityUniversity of Amsterdam

New ZealandUniversity of Auckland

NorwayNorwegian School of Economics and Business Administration (NHH)University of Oslo

PerúUniversidad del Pacifico

PhilippinesUniversity of the Philippines

SingaporeNanyang Technological UniversityNational University of Singapore

SpainUniversity of GranadaUniversity of Salamanca

Sultanate of OmanSultan Qaboos University

SwedenLund UniversityUppsala University

TaiwanNational University of Taiwan National Tsing Hua University

ThailandChulalongkorn UniversityThammasat University

United KingdomHeriot-Watt UniversityUniversity of BirminghamUniversity of EdinburghUniversity of GlasgowUniversity of ManchesterUniversity of Nottingham

United States of AmericaBoston College Georgetown UniversityNew York University (Stern Business School)Pennsylvania State UniversityUniversity of California – Berkeley – Davis – Irvine – Los Angeles – Riverside– San Diego – Santa Barbara – Santa Cruz University of Illinois, Urbana-ChampaignUniversity of MichiganUniversity of North Carolina atChapel HillUniversity of PennsylvaniaUniversity of Southern CaliforniaUniversity of Texas at AustinUniversity of VirginiaUniversity of Washington Washington University in St Louis(Olin School of Business)



Congratulations to the following staff:

Dr Xin Chang and Dr Michael Ch’ng were appointed as senior lecturers in the FinanceDepartment.

After 6 years serving as Faculty General Manager, Ms Suzanne Dixon took up the position ofAdvancement Director in the Faculty.

Mr Brad Hanson was appointed to the role of Manager (Marketing and Communications).

Dr Paul Jensen from the Melbourne Institute was promoted to Senior Research Fellow.

Professor Carol Kulik took up a position at University of South Australia.

Professor Anne Lillis promoted to professor in the Department of Accounting and BusinessInformation Systems.

Ms Aileen Loi was appointed to the Faculty General Manager role.

Professor Nilss Olekalns, promoted to professor in the Department of Economics.

Ms Jacqueline Randall joined the Faculty as Research Manager.

Professor Graham Sewell, Department ofManagement and Marketing, returned from a year’s leave as visiting professor at Imperial College, London.

Ms Brooke Young was appointed Director, Graduate School.

STAFFING

Professor Nilss Olekalns

Ms Brooke Young

Ms Suzanne Dixon



Duncan McLean BCom (Hons) 2003 has been named Victorian Young Australian of the Year for 2007 in recognition of his entrepreneurial success and charity work.

Leng Lee, in his final year of a University of MelbourneBachelor of Laws/Bachelor of Commerce (Hons)degree, won the prestigious 2006 Victorian RhodesScholarship and will travel to the United Kingdom nextyear to begin a Doctorate in Economic Geography atOxford University.

Twenty University of Melbourne students sponsored by the Faculty of Economics and Commercerepresented the University in the 2006 Students inFree Enterprise (SIFE) Australian National Competition.The competition culminated in project presentations,judging and awards in Brisbane, where Melbourne’sSIFE team took second place (to the University ofSouth Australia) – seeing off competition from 28 other universities.

Ms Suzanne Dixon was awarded the Woolworth’sLeadership Travel Award for the 2006 SIFE AustraliaMost Outstanding Mentor.

An honorary Doctor of Commerce (Honoris Causa) was awarded to Mr Ian Macfarlane AC, the Governorof the Reserve Bank of Australia at a conferringceremony on 26 April 2006.

The Dean’s Award for Excellence in Teaching went to Professor Jeff Borland and for OutstandingLecturer B Award to Dr David Pitt.

Professor Jeff Borland was awarded the Ed BrownAward for Excellence in Teaching.

The Dean’s Prize for Exceptional Distinction inResearch and Research Training was given to Dr Shuanming Li.

Seven students from Melbourne who went onexchange to New York University in 2006 wereawarded Dean’s Honours Roll for their outstandingacademic results.

Rob Brown and Sean Pinder were awarded theAustralian Publisher’s Award for excellence in tertiarypublishing for their Business Finance text book (co-authored with Graham Peirson, Peter Howard and Steve Easton).

On 26 September 2006, the Economic Society ofAustralia awarded the 2005 best paper prize for an article in the Economic Record to Denise Doiron

and Guyonne Kalb for their paper ‘Demands forChildcare and Household Labour Supply in Australia’, in the Economic Record, 81(254), 215-236.

The Carrick Institute Award for Excellence in Teachingand Learning (2006) Assessment and Feedback wasawarded to Professor Nilss Olekalns, Associate

Professor Carol Johnston, Ms Nahid Khan and Mr Paul Andonov.

DISTINCTIONS AND AWARDS

Leng Lee (centre) pictured with Professor Jeff Borland andDean of Economics and Commerce Professor MargaretAbernethy



Professor Stewart Leech was awarded the ArtificialIntelligence/Emerging Technologies Section of AAA2006 Outstanding Researcher prize. This awardrecognises a researcher for his/her outstandingpublished research in the field of AI/ET. In addition,Professor Leech won the best paper award at therecent International Conference on Enterprise Systems and Accounting (in Greece).

Professor Anne Lillis was invited to take on two roles with the American Accounting Association during 2006. Firstly, she was the ManagementAccounting Section representative for the AAANational Annual Meeting held in August 2007. Inaddition, Professor Lillis was one of 4 members of the MA Section dissertation award committee in 2006.

Ms Carlin Dowling was presented with the ‘BestResearch Paper Finalist’ award at the AmericanAccounting Association Information Systems Mid Year Meeting in Savannah.

Dr Penny Smith, a former PhD student and nowLecturer at the Melbourne Institute of AppliedEconomic and Social Research, was awarded theChancellor’s Prize for excellence in the PhD thesis for theses passed in 2005 in the Social Sciences.

Clarice Santos, PhD student in the Department of Management and Marketing was awarded the 2006 Ronald Edwards Scholarship. The Scholarship is awarded by the Australian Human ResourcesInstitute. Clarice’s submission essay was titled ‘Shifts in the labour market balance of power:Implications for future HR practice’.

Christina Scott-Young, PhD student in theDepartment of Management and Marketing, receivedtwo awards at the Academy of ManagementConference held in Atlanta, August 2006. Christina’spaper, ‘Modeling Team Efficacy in Capital Projects: an Exploratory Study’ won a Best Paper Award andwas also a finalist in the Operations’ ManagementDivision’s Best Student Paper Award. Christina alsoreceived an Outstanding Reviewer Award in theAcademy’s Organizational Behavior division.

Dr Liliana Bove was awarded the Australian and New Zealand Marketing Academy 2006 EmergingResearcher Award for most outstanding researchperformance no more than five years after thecompletion of a PhD.

Clarice Santos

Dr Liliana Bove (centre) pictured with ProfessorRob Lawson (ANZMAC President) and ProfessorJanet Hoek (Chair of the Awards Commitee)



INDUSTRY LINKS

During 2006 the Department of Accounting andBusiness Information Systems established theDepartment Advisory Committee. The role of theAdvisory Committee is to maintain and develop furtherstrategic interaction, on both teaching and research,between the Department of Accounting and BusinessInformation Systems, and representatives ofaccounting firms, financial institutions, professionalbodies, industry and government.

The following sponsors awarded scholarships in 2006:

Being part of the Economics and Commerce CareerMentoring Program was a significant step towardssuccess for 50 selected graduate students who werematched with industry mentors according to theirdegree specialisation and interest. In 2006 Mentorscame from a very wide range of professional fieldsfrom the private and public sectors alike, many ofthem University of Melbourne alumni, interested to be part of successful mentor-mentee relationshipsenabling students to gain insights into specificindustries and begin to develop personal andprofessional networks.

Mentors came to the ten-month program from large,medium and small organisations including BusinessCouncil of Australia, Office of the Premier of Victoria,Department of Innovation, Industry and RegionalDevelopment, Department of Treasury and Finance,Deloitte Touche Tohmatsu, JPMorgan Chase BankBerhad, St George Bank, NAB, AAMI, CadburySchweppes, Protiviti, The Nous Group, Ernst and Young, IBM, Synergy Plus, Siemens, PitcherPartners, and Cubit Media Research.

BUSINESS AND COMMUNITY

Faculty members contribute to professional and public debate through a range of conferences,lectures, short courses and in the print media. In turn, representatives of the business community,government and non-profit bodies provide major input into the activities of the Faculty throughmembership of advisory boards, and participation in conferences and seminars. Some of theFaculty’s 2006 activities are listed below.

Australian FinanceConference

Bain and Company

Booz Allen Hamilton

Citigroup

Commercial TravellersAssociation of Victoria

CommInsure

CPA Australia

DDB Melbourne

Deloitte

Deutsche Bank

Economic Society ofAustralia

Ernst & Young

Finsia

Goldman Sachs JB Were

Horwath

KPMG

NAB

Oracle Corporation

Taxpayers Australia Inc

The Institute of Actuariesof Australia

Tillinghast Towers Perrin

Trowbridge Deloitte

UBS

UMCAS

Mr Merrill Fernando with his son and Director of Dilmah TeaMarketing, Mr Dilhan Fernando,



CONFERENCES AND WORKSHOPS

A conference entitled ‘Making it Quantitative’ was held on 10 February 2006 and was attended by 110 academics representing more then 36 Australianand New Zealand universities.

The Faculty sponsored the 2006 Financial Manage-ment Association of Australia ‘Be Inspired Women’sForum’ held at Parliament House on 18 May 2006.

The Department of Accounting and BusinessInformation Systems hosted the second Asia-PacificResearch Symposium on Accounting InformationSystems on 20 June 2006. The symposium provided a forum for leading international and local academicsand Australian PhD students to discuss researchfocusing on the nexus between accounting andbusiness information systems.

The Faculty co-sponsored IndiaConnect held on 29 September 2006 in conjunction with Asialink and the Indian High Commission.

Melbourne Institute and The Australian newspaperheld the conference titled ‘Economic and SocialOutlook Conference – Making The Boom Pay:Securing The Next Generation Of Prosperity’ on 2–3 November 2006.

The Melbourne Institute runs quarterly forums inMelbourne and Canberra – the Melbourne EconomicsForum and the Melbourne Institute Public EconomicsForum. Topics in 2006 included: ‘Reforming the HealthCare System: Lessons and Future Directions’, ‘AreDeficits a Problem?’, ‘The Dynamics of Economic andSocial Change: Insights from HILDA’ and ‘A SkilledWorkforce for the Future.’

13 seminars were held in 2006 as part of theMelbourne Institute Seminar Series.

23 workshops were held in 2006 as part of theMelbourne Institute Workshop Series.

PUBLIC LECTURES

Laureate Professors Sir James Mirrlees andProfessor Peter Doherty presented a joint seminar on the topic of ‘Economics of Global Catastrophies’held on 20 March 2006.

Mr Merrill Fernando addressed an Economics andCommerce/Asialink public lecture on business ethicsand social justice with his son and Director of DilmahTea Marketing, Mr Dilhan Fernando on 28 March 2006.

Professor John Lyon, Department of Accounting and Business Information Systems gave his InauguralProfessional Lecture on the 30 August 2006, with the title ‘Passive Profits from Accounting Indicators’.

The 21st Foenander Lecture held on 28 August 2006was delivered by Emeritus Professor Joe Isaac AO

entitled ‘Reforming Australian Industrial Relations.’

The 67th Annual CPA / University of MelbourneLecture was delivered by Mr Kevin Stevenson FCPA,Partner PwC in Global Capital Markets Group (Asia –Pacific) / Assurance on Wednesday 27 September2006. The theme of the lecture was ‘Fair Value – The Right Measurement Basis?’.

A public seminar with Nobel Laureate, Professor

Sir Clive Granger ‘Building Policy Models forDeforestation of the Brazilian Amazon’ was held on 7 September 2006.

The inaugural Institute of Chartered Accountants(Australia) and University of Melbourne Round Tablediscussion was held in November 2006, addressingthe question ‘Is the Annual Report Dead?’ The panelconsisted of FRC Chairman Charles Macek; GroupCFO of the National Australia Bank Michael Ullmer;Partner in the Technical Consulting Group at Ernest and Young Annett Kimmitt and Professor John Lyonfrom the Department of Accounting and BusinessInformation Systems at the University of Melbourne.

From left: Honourable Justice Alex Chernov (Deputy Chancellor),Professor Carol Kulik (Director, Centre for HRM), Professor Margaret

Abernethy (Dean), Emeritus Professor Joe Isaac AO and Dr Isabel Metz



STATISTICAL TABLES

Course International students Total enrolments

BA/BCom 30 642BCom 1685 3129BCom(Hons) 37 149BCom/LLB 154 522BCom/BIS 41 275BE(Chem)/BCom 36 123BE(Civil)/BCom 23 160BE(Comp)/BCom 6 8BE(Elec)/BCom 14 40BE(Env)/BCom 7 18BE(Softw)/BCom 10 40BA(M&C)/BCom 29 160BCom/BSci 21 311BCom/BPC 17 104BE(IT)Comp/BCom 7 10BE(IT)Elec/BCom 18 72BE(IT)Soft/BCom 14 52BE(Mch&Mf)/BCom 23 134BMus/BCom 1 13

Total Undergraduate 2173 5962

Certificates 0 5Diplomas 11 33Masters (CW) 840 1434Masters (Res) 1 11PhD 52 126

Total Postgraduate 904 1609

Total 3077 7571

Table 1 Numbers of Unique Students Enrolled in a Faculty Course in 2006



Table 5 Total Operating Revenue by Source

Other 2%DEST Operating19%

Student feeincome 66%

Researchincome 13%

Table 2 Full-Year Teaching Load by Nature of Enrolment, 2006

Australian International AustralianLevel subsidised fee-paying fee-paying Total

Bachelors (Pass) 1887 1696 250 3833Bachelors (Honours) 103 30 3 137Diploma 1 8 15 24Masters (Coursework) 13 667 297 977Masters (Research) 6 1 0 7PhD 57 54 1 111

Total 2066 2456 565 5087

Note: Components may not add to totals owing to rounding

Table 3 Full-Year Teaching Load by Department, 2006Higher Higher

Degrees DegreesDepartment Undergraduate Diplomas (Coursework) (Research) Total

Accounting and BIS 912 3 334 12 1260Economics 1273 9 143 38 1463Finance 909 7 164 10 1090Management and Marketing 876 6 336 55 1272

Total 3969 24 977 117 5087

Notes: Components may not add to totals owing to roundingHigher Degrees (Research) total includes 2 in MIAESREconomics includes Actuarial Studies

Table 4 Teaching Load, 1996-2006

Other than Higher Higher

Year Degree Degree Total

2006 3993 1094 50872005 3997 941 49382004 3840 727 45672003 3793 571 43642002 3570 419 39892001 3264 331 35952000 3073 266 34391999 3147 256 34031998 2864 220 30841997 2621 174 27951996 2330 152 2482



Table 7 Research and Research Staff by Category

Category Number

Professor 19.0

Above Senior Lecturer 33.6

Senior Lecturer 28.7

Lecturer 47.0

Below Lecturer 3.6

Total 131.9 2003 2004 2005 2006

100%

80%

60%

40%

20%

0%2003 2004 2005 2006

19.8% 18.6% 18.2% 19.1%

18.9%19.1%

8.4% 5.1% 5.2%

52.9% 57.2%66.8%

57.4%

Other

Salary

Non-salary

Researchincome

Studentfee income

DESToperatinggrant

60

50

40

30

20

10

0

Table 6 Number of Academic and Professional Staff by Department

Teaching and Research Research Only Professional StaffDepartment Full-time Casual Full-time Casual Full-time Casual

Faculty General 4.0 0.4 – – 64.5 4.5

Accounting and BIS 25.9 10.9 – – 9.6 4.0

Economics 38.0 29.5 1.4 – 15.8 3.3

Finance 22.0 12.9 1.6 – 7.8 2.5

Management and Marketing 41.0 11.1 – – 14.9 5.6

MIAESR 1.0 – 30.4 – 7.2 1.3

Total 131.9 64.8 33.4 – 119.8 21.2

Table 9 Sources of Revenue

Table 8 Total Operating Expenditure 2006

Not included in non-salarycosts is the UniversityOverhead of $29.866MScholarship fund transfer of $5M or other costs.

19.3%12.5%

1.6%



AUSTRALIAN RESEARCHCOUNCIL – DISCOVERYPROJECT SCHEME

Administered by the University of Melbourne

New Perspectives on AustralianEconomic History: Geography,Institutions and Major Episodes,Professor J I Borland, Dr A JClarke, Dr R H Hillberry, Dr L LUren

Managing TransformationalChange: A Discursive Approach,Professor C Hardy, Dr S Maguire

The Effects of the Tax and SocialSecurity System on Labour Supply and Social Welfare,A/Professor G R Kalb, Professor J Creedy

Consumption, Financial Wealthand Housing Wealth over the Long Run, A/Professor GSchwann, Professor G C Lim, Dr Q Zeng

Blended Payment Systems for Doctors: Evaluation of anExperiment, Professor A Scott,A/Professor H Britt, Dr P H Jensen

New Econometric Evidence on the Roles of SocioEconomicCharacteristics and LifestyleChoices in Determining Child and Adult Health Outcomes,A/Professor M Shields

An Econometric Analysis of Labour Market, Health and Educational Consequences of Cannabis Use, Dr J Williams, Dr C L Skeels, Professor J C van Ours, Dr R L Pacula

Awarded to the University ofMelbourne Law Faculty withFaculty of Economics andCommerce Chief InvestigatorEnforcement of ChineseEmployment Law: RegulatoryInnovation and Wage ArrearsDr S Cooney, Dr SC Biddulph,A/Professor Y Zhu*

Awarded to Other Institutionswith Faculty of Economics andCommerce Chief Investigators

Bayesian Inference for WelfareComparisons of Income Inequalityand Poverty, Dr D Chotikapanich,Professor WE Griffiths*Administering Organisation:Monash University

Storage and the Hotelling ValuationPrinciple: Understanding theDynamics of the Oil Industry,Professor RA Heaney, Professor BD Grundy* AdministeringOrganisation: RMIT University

Estimation and Inference inWeakly Identified Models,Professor DS Poskitt, Dr CLSkeels*, Dr G ForchiniAdministering Organisation:Monash University

Understanding the SavingBehaviour of AustralianHouseholds: Private RetirementProvision and the Policy of ForcedSaving, A/Professor GF Barrett, Dr TF Crossley, Dr Y Tseng*Administering Organisation: TheUniversity of New South Wales

*University of Melbourne investigator

AUSTRALIAN RESEARCHCOUNCIL – LINKAGE GRANTSCHEME

Modelling the Adoption and Use of Virtual Services Technologies for Rural and Regional Healthcare:Economic and Quality of CarePerspectives, A/Professor M JDavern, A/Professor K E Stagnitti,Professor C B FergusonIndustry Partner: SouthwestAlliance of Rural Health (SWARH)

Risk Management Policies andPractices of Major Australian Firms,Professor KT Davis, A/ProfessorCA Brown, Dr L ColemanIndustry Partner: Ernst & Young,The Finance and TreasuryAssociation

Modelling Factors Affecting theLong term Demand for and Supplyof Professional Accounting andAllied Services in Rural andRegional Australia, Professor C BFerguson, Professor B J Cooper,A/Professor G L Wines,A/Professor B F JacklingIndustry Partner: CPA Australia

Economic Modelling of theNurses’ Labour Market in Australia,Professor A Scott, A/Professor M Shields, Professor J Creedy,A/Professor GR Kalb, ProfessorCM Duffield, Ms MV McCartyIndustry Partner: Department ofHuman Services

RESEARCH GRANTS AWARDED IN 2006 FOR PROJECTS COMMENCING IN 2007

Professor Bruce Grundy



MELBOURNE CENTRE FORFINANCIAL STUDIESRESEARCH GRANTS (FUNDING FOR 2007)

The Impact of Anonymous Tradingon SFE Market Microstructure, Dr Sean Pinder and AssociateProfessor Christine Brown

International Evidence on theOther January Effect, Dr SeanPinder and Professor Steve Easton(University of Newcastle)

A Consistent Framework forStressing Credit Risk Parameters,Dr Harald Scheule

Revealing Market Expectationswith Derivatives, Professor BruceGrundy et al

Understanding the Risks in andRewards for Pairs Trading, DrMichael Chng and Dr Aihua Xia

Dividend Strip and InformationRevelation, Dr Qi Zeng

NATIONAL HEALTH ANDMEDICAL RESEARCHCOUNCIL – HEALTH SERVICESRESEARCH PROGRAM

Understanding the Dynamics ofthe Medical Workforce to ImprovePopulation Health and Equity ofAccess: the Australian LongitudinalSurvey of Doctors, Professor AScott, Dr G Kalb

THE UNIVERSITY OFMELBOURNE EARLY CAREER GRANTS

Accounting and BusinessInformation SystemsPeer-To-Peer Music Piracy: Control from the File ProviderPerspective, Dr Nena Lim

EconomicsDeterminants of the Longevity of Workers’ CompensationInsurance Claims, Mr David Pitt

FinanceForecasting Market Prices ofCollateralized Debt Obligations, Dr Harald Scheule

Management and MarketingEmotion: The Missing Ingredient in the Ethical Decision-MakingProcess, Dr Virginia Bratton

FACULTY RESEARCH GRANTS

Accounting and BusinessInformation SystemsAuditors’ Responsibility for Fraud Detection – Bridging theExpectation Gap, Dr Susanna Ho,Dr Paul Coram

A Cross-Cultural Examination on Software Project Escalation, Dr Gary Pan

EconomicsComparison of AlternativeIdentification Strategies forEstimating Treatment Effects in the Presence of UnobservedConfounders, Dr Liana Jacobi

Marginal Effects for BinaryResponse Models with NonlinearRegressors, A/Professor JeanetteLye, A/Professor JosephHirschberg

Impact of Mergers and LicensingAgreements on Product Variety in Markets with Free Entry, Dr Nisvan Erkal

Redistribution Preferences inAustralia, the UK and the US: An Experimental Investigation,A/Professor Lata Gangadharan, DrNisvan Erkal, Dr Nikos Nikiforakis

Feedback Effects in Public-GoodExperiments with Punishment, Dr Nikos Nikiforakis

FinanceCorporate Governance, ManagerialOwnership, and Capital StructureChoices, Dr Xin Chang, DrChander Shekhar

Consumption, Financial Wealthand Housing Wealth, Dr Qi Zeng,A/Professor Greg Schwann

Management and MarketingRighting the wrong: Repairingorganisational relationships afterpsychological contract violations,Professor Carol Kulik, A/ProfessorChristina Cregan

Challenges to Devolving HumanResource Responsibility in China:Investigating the Psychological and Contextual Antecedents ofSupervisory Deviation fromCorporate Policy, Dr Ying Zhu, Dr Adam Barsky



Design Orientation – A GroundedTheory of Decision-MarketingInterface, Dr Michael Beverland

The Internationalisation of theworld’s largest multinationalcompanies over time, Dr ThomasOsegowitsch, Dr AndreSammartino

Green Supply Chain Practices inAustralian Manufacturing Industry,Dr Damien Power

Melbourne Institute of AppliedEconomic and Social ResearchForecasting Australian Macro-economic Time Series with aLarge Variable Set, Dr PenelopeSmith, Mr Chin Nam Low

Micro Evidence from the Westpac– Melbourne Institute ConsumerSentiment index: A VectorAutoregression Analysis, Dr LeiLeiSong, Dr Chew Chua, Mr ChinNam Low

FACULTY EARLY CAREERRESEARCHER GRANTS

Accounting and BusinessInformation SystemsPersonalized Search Engines:Reconciling Searching Behaviourwith Search User Interfaces, DrSusanna Ho

Management and MarketingAn Examination of the Customer-Employee Dyadic Fit in ServiceRelationships, Dr Elison Lim

PHD THESES COMPLETED

George Lap-Bin Wong, RiskAversion and Conservatism

En Te Chen, Initial Public Offeringand Use of Funds

Ngan Collins, The Transformationof Employment Relations inTransitional Economics: The Case of Vietnam

Simon Pervan, Reciprocity as a Fundamental Process inRelationship Marketing: ScaleDevelopment and Validation

Omar Merlo, The Influence andStrategic Standing of Marketingwithin Organizations

Dayna Simpson, Greening theSupply Chain: Customers,Suppliers and EfficientManufacturing

Lisa Hughes, An Investigation of Individual and WorkplaceOutcomes of Trade Unions and HRM in Australia

Abdullahi Dahir Ahmed, FinancialLiberalization, Corruption andEconomic Development: The Case of Sub-Saharan Africa

Shirley Suat Chan, Lee RealExchange Rate and Productivity

Isabel Faeth, Foreign DirectInvestment in Australia –Determinants and Consequences

Maureen Therese Foley, VerticalRestraints in Australian Industry

Hayat Khan, Modelling the Impactof Demographic Change Upon aSmall Open Economy: An OverLapping Generations Model

Kinga Elo, Foreign DirectInvestment Decisions withCountry Risk and Barriers toCapital Movements: the SpecialCase of Capital Controls

Mohammad Alaqeel, PrivateInformation Trading: Evidence from GCC Countries

Carlin Dowling, The Antecedentsof Appropriate Audit SupportSystem Use

Susan Robertson, AnExamination of the RelationshipBetween Performance BasedCompensation Schemes andPerformance MeasurementManipulation

MASTER OF COMMERCE BY RESEARCH

Jason McGovern, Sino-ForeignJoint Ventures: A Multi-PartyPerspective on Control andPerformance

MASTER OF COMMERCE INEMPLOYEE RELATIONS ANDHUMAN RESOURCEMANAGEMENT

Stephanie Lagogiannis, TheEffects of Diversity Managementon Culturally Diverse Workgroups



MASTER OF COMMERCE (BY THESIS) FINANCE

Lisa Schutz, Credit Bureaus andthe Dynamics of InformationSharing in Credit Markets

FACULTY HONOURS(RESEARCH) SCHOLARSHIPS

In 2006, 18 Honours studentswere awarded studentships towork with academics to developtheir research essays intopublishable journal articles.

Accounting and BusinessInformation SystemsD Kang, To What Extent Do Information TechnologyGovernance Mechanisms Affect Within-Firm Fraud?

E Michaels, Zero EarningsSurprises

J Tan, Compensation MethodDesigns and Investments inLearning

EconomicsD Piccinin, The Effects of Mergerswith Entry in Markets FeaturingProduct Differentiation andBertrand Competition

T Rigzin, Guest WorkerRemittances from the TibetanHost Economy

L Tan, The Relationship BetweenPersonal Income and Net Worth in Australia

D Wilson-Otto, Poverty, Aid andPro-Poor Public Expenditure in Sri Lanka

K Yates, Extended ProducerResponsibility: A Solution toMarket Failures in the Choice of Environmental ProductCharacteristics

FinanceJ Agar, Earnings Quality,Unexpected Volume and OpinionDivergence: A Study of Post-Earnings Announcement Drift

E Oon, The Effect of Audit Qualityon Initial Public Offerings inAustralia

W Pang, Marching to a DifferentDrum: Initial Public Offerings ofASX Listed Property Trusts

D Sakti, Markov Chain MonteCarlo Simulations ofNonparametric Models of theAustralian Short Rate and theMarket Price of Interest Rate Risk:An Empirical Study

G Saldanha, Hedging, Speculatingand Price Volatility in CommodityFutures Markets

C Shih, Keiretsu Membership,Market Timing and CapitalStructure

D Taylor, Who Really Wins in Stock Market Driven Acquisitions?

Management and MarketingS Mangan, Gender RoleOrientation in the BoundarylessCareer

S McArdle, The Psycho-SocialConstruct of Employability:Investigating the Role of ProactivePersonality, Identify Awarenessand Human and Social CapitalDuring Unemployment

L Wang, An Investigation of theMagnitude of Customer andService Worker Relationships

VISITING RESEARCH SCHOLAR GRANTS

The following international visitors were supported in 2006.

Accounting and BusinessInformation SystemsProfessor S Anderson (RiceUniversity, USA)

Professor P Easton (University of Notre Dame, USA)

Professor J Francis (University of Missouri, USA)

Professor S Sutton (University of Connecticut, USA)

EconomicsProfessor N Gemmell (TheUniversity of Nottingham, UK)

Professor C Hill (Louisiana StateUniversity, USA)

Professor J Kennan (TheUniversity of Wisconsin, USA)

Professor J van Ours (TilburgUniversity, The Netherlands)

Melbourne Institute of AppliedEconomic and Social ResearchProfessor R Drago (PennsylvaniaState University, USA)

Professor I Theodossiou (TheUniversity of Aberdeen, UK)



DEPARTMENT OF ACCOUNTING AND BUSINESSINFORMATION SYSTEMS

The Department of Accounting and BusinessInformation Systems, long-established as a premiereducator in the field of accounting, offers an integratedapproach to the teaching of accounting and businessinformation systems

With a student load of over 1,200 full-time equivalentstudents, the Department has a substantial under-graduate and postgraduate program, teaching acrossall areas of managerial and financial accounting,auditing and business information systems. TheDepartment’s core undergraduate subjects are fullyaccredited by the professional accounting bodies.

Formal agreements have been reached with a number of Universitas 21 universities for the transfer of creditsfor subjects in accounting. The Master of AppliedCommerce (Accounting), introduced in 2003, is alsofully accredited by the professional accounting bodies.

The Department has a strong research profile. Its PhD program, comprising one year of coursework andtwo-year full-time thesis, is one of the most active andrespected in the region. Several of the Department’s30 academic staff currently hold ARC grants and serve on the editorial board of a number of leadinginternational academic journals.

DEPARTMENT OF ECONOMICS

The Department of Economics at the University ofMelbourne is the leading Economics department inAustralia. It is a large department with 67 teaching and research staff. The Department includes theCentre for Actuarial Studies.

The Department is committed to achieving the higheststandards in research in economics and econometrics:by making contributions to international knowledgethat are publishable in leading international journals,and undertaking international quality research on theAustralian economy and economic policy issues. There is a strong emphasis within the Department onencouraging a good research culture and promotingcollaboration. Major areas of research are: economictheory; econometric theory; microeconomic andmacroeconomic analysis and policy design; theAustralian macro-economy; operation of financialmarkets; health and well-being; Asian economies and the economics of international trade anddevelopment; and economics of education.

The Department places a high value on its teachingprogram and the quality of that program. Its objectivesare to offer excellent teaching in both undergraduateand graduate programs, to offer a set of subjects thatmeet the requirements of students and are up-to-datewith developments in the disciplines of economics and econometrics, and to be innovative in methods of teaching. Teaching covers the core areas ofmicroeconomics, macroeconomics and quantitativemethods/ econometrics, as well as most otherspecialist areas such as monetary economics, gametheory, development economics, environmentaleconomics, and economic history.

There is a long tradition within the Department of providing policy advice and expert opinions togovernment and private organisations. Membersof the Department serve on government inquiries and boards, and undertake work for a wide variety of international agencies.

DEPARTMENTAL PROFILES

Professor Stewart Leech, Head, Department ofAccounting and Business Information Systems

Professor Jeff BorlandHead, Department of Economics



DEPARTMENT OF FINANCE

Finance has been taught at the University ofMelbourne for many years but a separate departmentspecialising in finance was not established until July2001. The Department now has 25 full-time academicstaff, 6 full-time professional staff and a large number of sessional teaching staff. In 2006, the Department ofFinance had approximately 8,700 subject enrolments, of which 7,100 were undergraduate, and 1,600 werepostgraduate students. The Department has aparticularly strong honours program with intakerestricted to around 40 of the very best undergraduatestudents. A suite of postgraduate programs is offered,ranging from the practitioner-oriented Master ofApplied Finance and Master of Financial Management to the more academically-oriented Master ofCommerce in Finance and the PhD in Finance.

Current research interests of department staff span the field of finance and include asset pricing,derivatives, corporate finance, market microstructure,financial institutions, real estate finance and inter-national finance. The Department is particularly strong in derivatives research, with the MelbourneDerivatives Research Group as a focal point. Tosupport its research activities, the Department hasaccess to all major financial databases, includingWRDS, Datastream, Bloomberg and IRESS.

The Department of Finance is committed toknowledge transfer. The Department is one of the founding members of the Melbourne Centre for Financial Studies, established in 2005 to foster apartnership between public and private sectors, andindustry and academe. Department staff membersoffer tailored executive education programs, activelyparticipate in professional associations, and arefrequently invited to consult for the finance andcorporate industry and for the public sector. Inexchange, finance practitioners actively participate in our teaching programs, by providing applied topicslectures in our undergraduate finance program and by lecturing specialist subjects in our professionalpostgraduate programs.

DEPARTMENT OF MANAGEMENT ANDMARKETING

The Department of Management and Marketingprovides integrated education in the disciplines of management and marketing. The main competence areas in management are humanresource management and industrial relations,international management, organisational studies and operations management. The main competenceareas in marketing are marketing management andconsumer behaviour.

At the undergraduate level, the Department hasoffered a Bachelor of Commerce (Management). There are also a number of professional andpractitioner Masters-level degrees offered by theDepartment. The overarching pedagogical aim of the Department is to develop in students strongleadership capabilities in the practice of managementand marketing.

The student load in the Department is over 1,200 full-time equivalents, with over 750 undergraduate and 250 postgraduate students. There are 12 honoursstudents and over 55 PhD students in a wide range of areas reflecting the diverse theoretical traditions and methodologies represented in the Department.Full-time academic staff numbered 41 in 2006.

Professor Paul KofmanHead, Department of Finance

Associate Professor Bryan LukasHead, Department of Management



THE MELBOURNE INSTITUTE OF APPLIEDECONOMIC AND SOCIAL RESEARCH

The Melbourne Institute is a research department ofthe Faculty of Economics and Commerce. Establishedin 1962 under the leadership of Professor RonaldHenderson, it was the first research institute of its kind in Australia. It has had five Directors: RonaldHenderson, Peter Dixon, Richard Blandy, PeterDawkins and John Freebairn. In its 45 year history ithas made significant contributions to economic andsocial research on Australia and contributed strongly toeconomic and social policy analysis and development.

In 2006, it had a staff of about 40 as well as 13Adjunct Fellows. The Institute operates in fourresearch areas:

– Labour Economics and Social Policy

– Applied Macroeconomics

– Applied Microeconomics including:

– Industrial Economics

– Economics of Health

– Household, Income and Labour Dynamics Survey

As well as contributing strongly to the academicliterature in economics, both in Australia andinternationally, the Melbourne Institute has a long-standing tradition of working closely with business,government and community groups by providingresearch and consultancy services.

During 2006, major clients of the Melbourne Instituteincluded the Australian Government Department ofFamilies, Community Services and Indigenous Affairs(FaCSIA) and Employment and Workplace Relations(DEWR), Victorian Departments of Treasury andFinance and Human Services, Westpac BankingCorporation, Mercer Investment Consulting, INGDIRECT, TD Securities and the Reserve Bank ofAustralia as well as the University of Melbourne.

The Melbourne Institute has also been successful inwinning substantial ARC funding, both Discovery andLinkage grants. A noted success in 2006, was theNHMRC grant won by the Health division in theApplied Microeconomics team.

Currently, the Melbourne Institute has a major researchcontract for the provision of social policy research withDEWR.

The Melbourne Institute is also the home of Australia’smajor household longitudinal survey of Household,Income and Labour Dynamics (HILDA), which is led by the Melbourne Institute’s Deputy Director,Professor Mark Wooden, under a contract with theCommonwealth Department of Families, CommunityServices and Indigenous Affairs.

The Melbourne Institute also provides postgraduateeducation at the PhD level.

The Melbourne Institute is the home of one ofAustralia’s leading academic journals in Economics, the Australian Economic Review (AER), which has astrong policy focus and is of widespread interestbeyond the academic community as well as insideacademia. In 2006, the AER was included in theprestigious Social Sciences Citation Index (only thesecond non-specialist economics journal from Australia to be included).

In 2006, the Melbourne Institute continued to publishthe Mercer-Melbourne Institute Quarterly Bulletin ofEconomic Trends a quarterly journal focussing on theAustralian economy and aimed at broad audiences.

The Melbourne Institute publishes regular economicindicator reports such as the Westpac–MelbourneInstitute Indexes of Economic Activity; the Westpac–Melbourne Institute Consumer Sentiment Index; theING DIRECT–Melbourne Institute Household Savingand Investment Report; and the TD Securities–Melbourne Institute Monthly Inflation Gauge.

Professor John Freebairn, Director, MelbourneInstitute of Applied Economic and Social Research



THE CENTRE FOR ACTUARIAL STUDIES

The Centre for Actuarial Studies is located in theDepartment of Economics within the Faculty ofEconomics and Commerce. The Director of the Centre is Professor David Dickson.

The Centre offers students a professionally accreditedactuarial program and is designated as a Centre ofExcellence by the Institute of Actuaries of Australia.

Graduates who obtain marks above prescribed levels in certain subjects can receive exemptions from the Institute of Actuaries of Australia and/or theInstitute/Faculty of Actuaries (UK). The Centre alsooffers distance education.

Staff within the Centre are active researchers withactuarial interests ranging from the more theoretical to the practical. Staff interests necessarily span the full spectrum of expertise required for professionalaccreditation, but the Centre is internationally knownfor its research in the areas of ruin theory and financialmathematics.

The Centre’s research is highly recognised on theinternational scene and adds strongly to the reputationof the Centre. The international links of the Centre arealso evident with regular visits from leading academicsand a number of students involved in exchangeprograms.

The Centre maintains strong links with the actuarialprofession and related areas within Australia.

These links are highlighted by the presence of highprofile actuaries on the Centre’s Advisory Board andthe University of Melbourne Actuarial Foundation.

THE ASIAN ECONOMICS CENTRE

The Asian Economics Centre is located within theDepartment of Economics and serves as a forum forbringing together those with an interest in research onAsian economies and economic development issues.

The Centre’s objectives are:

– To initiate and develop research into Asianeconomies and Australia-Asia economic relations,and build collaborative links and partnerships withAustralian and international research groupsengaged in similar research.

– To foster and promote informed discussion on theeconomics of Asian countries within academia,business and industry, the government sector andthe wider public.

– To encourage and provide advice on the teaching of subjects related to economics of Asian countriesat the undergraduate, graduate and continuingeducation levels. The Director of the Centre isAssociate Professor Sisira Jayasuriya.

THE ECONOMIC THEORY CENTRE

The key objectives of the Centre are to facilitate inter-national affiliations and international research linkages,including for research training, and to be a focus forexternal research funding in economic theory.

The Centre is jointly operated with MelbourneBusiness School. The Director of the Centre isProfessor Joshua Gans. The Centre has adistinguished international Advisory Board.

CENTRES IN THE FACULTY

Professor David Dickson, Director, Centre for Actuarial Studies



THE CENTRE FOR MICROECONOMETRICS

Located within the Department of Economics, theCentre for Microeconometrics is a focal point forresearch in microeconometrics. Its members, staff and PhD students drawn from the Department and the Melbourne Institute of Applied Economic andSocial Research, are concerned with the development,evaluation and application of microeconometricmethods. Branches of economics currently researchedby the Centre include consumer expenditure analysis,environmental economics, labour economics, healtheconomics, transport economics, measurement ofinequality and poverty, and measurement ofproductivity and efficiency. Methodological researchincludes panel data methods and discrete choicemodelling and estimation.

The Centre hosts national and international visitors,holds regular workshops to discuss work in progress,and holds occasional conferences involving otherresearchers from within and outside Australia,including groups from industry and governmentdepartments.

The Centre held a one-day workshop on 17 November,2006 at which the presenters were Mike Shields,Jenny Williams and Andrew Clarke (University ofMelbourne), David Card (University of California,Berkeley), Dean Hyslop (New Zealand Treasury andStatistics) and Ioannis Theodossiou (University ofAberdeen).

Visitors to the Centre

The Centre hosted the following visitors in 2006:James Heckman, University of ChicagoAndrew Leigh, Australian National UniversityDeborah Cobb-Clarke, Australian National UniversityChris Ryan, Australian National UniversityCarter Hill, Louisiana State UniversityHarry Paarsch, University of IowaChikako Yamaguchi, Australian National UniversityMushfiq Mobarak, University of Colorado, BoulderCheryl Doss, Yale University

Frank Vella, Georgetown UniversityDarrell Turkington, University of Western AustraliaPhillip McCalman, University of California, Santa CruzAntony Selvanathan, Griffith UniversityJan van Ours, Tilburg UniversityAnne Line Bretteville-Jensen, Institute for Alcohol and Drug Research, Norway.David Card, University of California, Berkeley.Thor Thoresen, Statistics Norway.Norman Gemmell, University of NottinghamAndrew Jones, University of YorkPaul Frijters, Queensland University of TechnologyJohn Haisken-DeNew, Rheinisch-Westfälisches Institut für Wirtschaftsforschung

The Director of the Centre is Professor Bill Griffiths.

THE CENTRE FOR MACROECONOMICS

The Centre for Macroeconomics is a joint centre of theDepartment of Economics and the Melbourne Instituteof Applied Economic and Social Research. The mainobjective of the Centre is to foster research, researchtraining, and teaching in macroeconomics at theUniversity of Melbourne.

The Centre seeks to:

– facilitate international affiliations and internationalresearch linkages

– facilitate the training of research students

– be a focus for external research funding

– organise conferences and workshops

– encourage research-based policy advice

The Centre has been involved in the organisation of the Australasian Macroeconomics Workshop, hashosted international and Australian visitors and has a weekly seminar series. Members of the Centreresearch topics such as monetary and fiscal policies,the analysis of business cycles, interactions betweenthe labour market and the economy, and the linkagesbetween the domestic and world economies. TheDirector of the Centre is Professor Nilss Olekalns.



THE AUSTRALIAN CENTRE FOR INTERNATIONALBUSINESS

ACIB seeks to conduct leading-edge research ininternational business, to educate future leaders ininternational business and to consult with businessand government on matters of policy. The Centre iseclectic in its interdisciplinary areas but has particularexpertise in international business strategy andmanagement, international/cross-cultural humanresource management, international business ethics,and business and economic history.

A major initiative to be realised early in 2007 ispublication of Dick & Merrett (eds), The Internation-alisation Strategies of Small-Country Firms: TheAustralian Experience of Globalisation (Elgar,Cheltenham, UK). Members of the Australian Centrefor International Business have also published over 20 books and 200 research papers, conferenceproceedings, chapters in books and consulting reportsspanning all fields of international business research.During 2006 three new ACIB working papers and onenew Melbourne Asia Policy Paper were published onthe website http://www.ecom.unimelb.edu.au/acib/.

ACIB is represented at the Academy of InternationalBusiness (AIB)/ANZIBA, PACIBER and AUSPECC. It also hosts the joint editorship of the AustralianEconomic History Review (Stephen Morgan) and the Southeast Asia Publications Series of the AsianStudies Association of Australia (Howard Dick).

Co-Directors of the Centre are Professors David Merrett and Howard Dick.

CENTRE FOR GLOBAL INNOVATIONMANAGEMENT

(Incorporating the Euro-Australian Cooperation Centre)

The Centre for Global Innovation andEntrepreneurship is located in the Department of Management and Marketing. The Director of the Centre is Associate Professor Milé Terziovski.

The Centre has an Advisory Board drawn from industry and has strong links with Australiangovernment departments and the private sector.

The Centre is concerned with research on globalinnovation management and entrepreneurship. TheCentre carries out research funded by the AustralianResearch Council (ARC) and the Department of Education Science and Training (DEST), andundertakes contract and joint project research withcollaborators through the European Union researchframework programme.

In December 2006, the Centre was awarded a DEST grant under the International Linkagesprogramme to undertake a collaborative researchprogram with European partners funded under the EU 6th Framework Program. The project is titled‘Ambient Intelligence technology for SystematicInnovation in Manufacturing SMEs.’

FOUNDATION FOR SUSTAINABLE ECONOMICDEVELOPMENT

The Operations Management area also hosts theFoundation for Sustainable Economic Development.The Foundation was established in 2000 with amission to create and disseminate research to increase the awareness and effectiveness ofmanagement practices that deliver betterorganisational performance and less wasteful products and processes.

The Foundation has produced a number of researchpapers and commissioned reports. The Foundationpublished The Collaborative Games in 2001. Asignificant project has been on corporate sustainabledevelopment, funded by the Australian BusinessFoundation. The Foundation’s latest project involves a significant multi-university ARC Linkage project on‘Work and Social Cohesion’.

The Director of the Centre is Professor DannySamson.



THE CENTRE FOR HUMAN RESOURCEMANAGEMENT

The Centre researches human resource managementand employment relations in the Asia-Pacific region,North America and Europe.

In line with its international outlook, the Centreencourages collaborative research projects withleading overseas universities and arranges research of international scholars in the fields of humanresource management and employment relations. The Centre also works with Australian businesses and government institutions on both collaborative and consultative projects and facilitates researchopportunities with the professions, employers, tradeunions and governments (including governmentdepartments). Research findings are disseminatedthrough academic publications, working papers,seminars and conferences.

The Director of the Centre is Professor MichelleBrown.

THE INTERNATIONAL CENTRE FOR RESEARCH IN ORGANIZATIONAL DISCOURSE, STRATEGYAND CHANGE

The International Centre for Research in OrganizationalDiscourse, Strategy and Change was launched in 2001with the aim of establishing itself as a world leader inorganizational discourse. The Centre is located in theDepartment of Management and Marketing, and isheaded in Melbourne by Professor Cynthia Hardy.

From the original institutional partners – the Universityof Melbourne, the University of Sydney and McGillUniversity (Centre for Strategy Studies in Organizations)– the Centre has grown to include the University ofCambridge, the University of Leicester, Lund University,Texas A & M University, Cardiff Business School, andthe University of Colorado.

The Centre’s objectives are:

– to establish a leading group of world class scholars inorganizational discourse in order to facilitate researchon organizational discourse, strategy and change

– to encourage collaborative research projects amongleading universities in the field of organizationaldiscourse

– to disseminate research findings on discourseanalysis and its applications through academicpublications, seminars and conferences

– to facilitate research and teaching interchangesamong scholars who work in this area

– to increase opportunities for researchers interestedin discourse analysis to interact through specificinitiatives, such as workshops, conferences, etc.

– to facilitate collaborative links regarding research and postgraduate training in the field oforganizational discourse.

The Centre holds regular workshops and exchangesthat bring leading international scholars to Australia; it provides opportunities for academics and doctoralstudents to engage with institutional partners; and itsmembers have contributed to an ongoing stream ofresearch publications on the role of discourse inorganizations.

INTELLECTUAL PROPERTY RESEARCHINSTITUTE OF AUSTRALIA

The Intellectual Property Research Institute of Australia is a collaborative centre of the Faculty of Law, the Faculty of Economics and Commerce, and the Melbourne Business School. It has core fundingfrom IP Australia.

The Director of the Institute is Professor AndrewChristie, Faculty of Law. The Associate Director, from the Faculty of Economics and Commerce is Dr Elizabeth Webster. Other contributors from thisFaculty include Drs Paul Jensen, Alfons Palangkaraya,Jongsay Yong, Nisvan Erkal, Michael Chua; ProfessorsBill Griffiths and Don McLaren and Ms Anne Leahy.



THE MELBOURNE CENTRE FOR FINANCIALSTUDIES

The Melbourne Centre for Financial Studies has beencreated to help develop the reputation of Melbourne as a centre of financial research, education andpractice. It is the result of an initiative of, and seedfunding by, the Victorian Government. It is a jointventure of a consortium of Melbourne, Monash andRMIT Universities, together with Finsia, who have all committed financial and in-kind support.

The strategic positioning of the Centre is based on:

– increasing general awareness of the extent of the overlap in research interests between ‘town and gown’

– encouraging further development of that overlap in Melbourne

– identifying mutually beneficial opportunities for ‘townand gown’ by developing superior knowledge aboutresearch interests and needs and the location of skillsand information necessary to meet those needs.

The Melbourne Centre activities include:

– identifying and communicating information aboutresearch opportunities for mutual benefit of ‘townand gown’

– developing a database of knowledge and skill setsavailable

– facilitating interaction (matching demand for andsupply of specific research activities) between ‘town and gown’

– publicising outcomes from such interaction toincrease awareness of the potential benefits

– developing and exploiting commercial opportunitiesarising from research activities facilitated and fromits positioning in the market for financial research

– funding high quality academic research which willenhance the international reputation of Melbourneas a centre of financial research, practice andeducation.

The research agenda of the Melbourne Centre involves an emphasis on innovative, cutting edgeresearch which provides opportunities for the furtherdevelopment of the Melbourne finance industry as a result of the accumulation of knowledge capital.Identifying areas of potential strengths which can be capitalised upon, and new and emerging marketswhere opportunities exist is crucial to this role. In thatregard, the Melbourne Centre has established anIndustry Advisory Committee of prominent financeindustry practitioners to provide input and advise onthe direction of its research agenda.

The Director of the Centre is Professor Kevin Davis.



BUSINESS

Ms Elizabeth Alexander (AM),Chairperson, CSL Limited

Mr Philip Brass, Non-ExecutiveDirector, Globe International

Mr Anthony Burgess, Head,Mergers and Acquisitions Europe,Deutsche AG

Mr Terrence Arthur Campbell,Executive Chairman, GoldmanSachs JB Were Pty Ltd

Mr Robert Champion DeCrespigny (AC), ExecutiveChairman, Scarborough MineralsPLC

Mr Dick Chan, ExecutiveChairman, Anglo EasternPlantation PLC, UK

Mr Mark Chiba, Chairman,Longreach Group

Ms Penny Chong, ProgramManager, Marketing Operations,IBM

Mr William Conn (OAM),Consultant, Merril Lynch

Mr Laurence Cox (AO), ExecutiveDirector, Macquarie Bank Limited

Mr David Crawford, Allens ArthurRobinson

Ms Gloria Goh, Ernst & Young,Malaysia

Mr Charles Goode (AC), Chairman,ANZ Bank

Ms Merran Kelsall, Director,Melbourne Water Corporation

Russell Kennett, ManagingDirector, State Street Bank andTrust Company

Mr David Kingston, ExecutiveDirector, NM Rothschild & Sons

Mr Leon L’Huillier, Director,Woolworths Group

Mr Alwyn Lim, Principal, AlwynLim & Co

Mr Alastair Lucas, Vice-Chairmanand Managing Director, GoldmanSachs JB Were

Mr Gary Morgan, ExecutiveChairman, Roy Morgan Research

Mr Hugh Morgan (AC), Principal,First Charnock

Mr Rupert Myer (AM), Chairman, Myer Family Company Pty Ltd

Mr Tjahaja Riady, DeputyChairman, Pelita HarapanEducational Foundation

Mr Paul Rizzo, Director, NationalAustralia Bank Limited

Mr Irvin Rockman (CBE),Chairman, Northrock Group

Mr Irving Saulwick (AM),Chairman, Irving Saulwick & Associates

Mr Peter Scanlon, Founder,Scanlon Foundation

Ms Nicola Scott, Head of Finance,HBOS Treasury Services

Mr Asgari Stephens, ExecutiveDirector, iSpring Capital

Ms Lei Tan, CEO, Tan and TanDevelopments Berhad

Mr Christopher Thomas, Managing Partner, Egon ZehnderInternational SA

Mr Brian Watson, ExecutiveChairman, Georgica Associates Pty Ltd

Mr David White, Director, HawkerBritton, Melbourne

Mr Peter Yates, ManagingDirector, Allco Equity Partners Ltd

Mr Eu Yeow, Minolta MarketingSdn Bhd

GRADUATES OF THE FACULTY

Graduates of the Faculty over the last 76 years have been leaders in business, public policy andacademia. Below is a list of current prominent alumni.



PUBLIC SERVICE

The Hon John Brumby, Treasurer,Department of Treasury andFinance, Victorian Government

Mr Michael Carmody (AO), Chief Executive Officer, AustralianCustoms Service

The Hon Senator Rod Kemp,Senator for Victoria, FederalGovernment

The Hon Jenny Macklin, ShadowMinister for Indigenous Affairs and Reconciliation, FederalGovernment

Professor Carrick Martin,Chairman, Professional StandardsBoard for Patent and Trade MarksAttorneys, IP Australia

Dr Datuk Mustapa Mohamed,Higher Education Minister, Prime Minister’s Department,Malaysia

Judith Sloan, Commissioner,Productivity Commission

Senator Mechai Viravaidya (AO),Founder and Chairman, Population and Community DevelopmentAssociation, Thailand

Mr Ian Watson, Senior DeputyPresident, Australian IndustrialRelations Commission

Dr Lynne Williams, DeputySecretary – Business Support,Dept of Innovation Industry andRegional Development

Emeritus Professor Ross Williams,Professorial Fellow MIAESR, The University of Melbourne,Member, Commonwealth Grants Commission, AustralianGovernment

HIGHER EDUCATION

Professor Max Corden (AC),Professorial Fellow Department of Economics

Professor Jayne Godfrey, DeputyDean – Research, Faculty ofBusiness and Economics, Monash

Professor Robert Gregory (AO),Head, Economics Program

Emeritus Professor Colin GeoffreyHarcourt, Cambridge University,Jesus College

The Hon Emeritus Professor Joe Isaac (AO), Department ofManagement and Marketing, The University of Melbourne

Professor Stewart Leech, Head of Department of Accounting and Information Systems, The University of Melbourne

Dr Fred McDougall, Deputy Vice-Chancellor (Academic), The University of Adelaide

Professor Gary Sampson, Visiting Professor, INSEAD

Emeritus Professor Ross Williams



The University of Melbourne Commerce AlumniSociety (UMCAS) has had another successful yearbringing together alumni of all ages to a wide range of events. Highlights for the year include:

– May 2006: A Young Alumni Function was heldfeaturing Mr Alistair Lucas, Vice Chairman andManaging Director of Goldman Sachs JB Were.Alistair talked about the state of the investmentbanking industry to an audience of attentivegraduates and students.

– July 2006: UMCAS held its Annual General Meetingat Ormond College followed by the AGM dinner. Our guest speaker at the dinner was the Hon Jim

Short, who has had a successful career in theAustralian Federal Treasury and Parliament, whichincluded the ministerial post of Assistant Treasurer.Speaking from his experiences and observations,Jim put forward ideas as to whether Australia is a better place to live and whether the nation isbetter governed since he first entered parliament.

– October 2006: Another Young Alumni functionhosted at KPMG’s Melbourne office with Mr Tom

Elliott of MM&E Capital. Tom discussed the scale of change in financial markets and world widechanges in modern business thinking over the last two decades.

– November 2006: On 16 November the annualalumni reunion lunch for Commerce alumni whograduated over 45 years ago was held in theUniversity Student Union Building, Upper Dining Hall. This event always attracts a nostalgic group ofalumni who enjoy reminiscing about their Universityexperience. Attendees heard the Dean, MargaretAbernethy, talk about the state of the Faculty, andthe current expansion and development plans.

In addition to events, alumni were kept informed byAlumni Matters the Faculty’s newsletter designated to alumni with information on developments in theFaculty and news of alumni events are included in the newsletter which is mailed by the Faculty twice a year to all Commerce graduates.

Another vital aspect of UMCAS is the provision of two $2000 scholarships awarded yearly tooutstanding final year Commerce students – one forundergraduate studies and the other for postgraduatestudies through the generous donations of alumni. The scholarships were awarded by a committeeconsisting of UMCAS members and Facultyrepresentatives, on the basis of various criteriaincluding academic merit and engagement with theUniversity and broader community. Congratulations are given to Sreedhar Valicherla (Undergraduate) and Dorris Phaik Suan Tam (Postgraduate), the 2006 winners. We also thank all donors who kindlycontributed to these scholarships.

If you would like to make a donation for thescholarships, find out more about UMCAS, volunteer,contribute to or receive Alumni Matters, pleasecontact:

Ms Amanda StangerAlumni Advancement ManagerFaculty of Economics and Commerce7th Floor, Alan Gilbert BuildingThe University of Melbourne Victoria 3010Phone: +61 3 8344 2128E-mail: [email protected]

UMCAS operates as a means for former Commercestudents to keep in contact with each other, with theFaculty, and with the wider university community.UMCAS committee members are elected to office by Commerce alumni, and work closely with theFaculty to run events and also develop networks and connections. Various functions for alumni, friendsand final year students are held throughout the year.

Details appear on the web site, http://www.ecom.unimelb.edu.au/alumni/ and in Alumni Matters. Wehope to see you at one of our events in 2007.

THE UNIVERSITY OF MELBOURNE COMMERCE ALUMNI SOCIETY REPORT 2006



The creation of the Advancement Unit is in responseto a cultural shift amongst Australian Universities,recognising the importance of developing relationshipswith alumni and partnering with other importantstakeholders to ensure future success.

The Faculty fully understands that it has to takeresponsibility for its own future and capitalise on itsdistinctiveness and reputation amongst the communitythrough alumni relationships, corporate relationshipsand fundraising. This is a long term project requiringleadership, commitment and resources.

The Faculty has approximately 30,000 alumni and in2006 great strides were made to improve commun-ications through the Faculty’s alumni magazine AlumniMatters and a dedicated web site. We also developeda strategic plan to further improve alumni relations,which includes the implementation of a survey toalumni for distribution early 2007 and more effectivecommunications with the University of MelbourneCommerce Alumni Society (UMCAS).

A primary aim of the Advancement Unit is to promotegreater links with industry and community throughteaching programs, research, volunteerism, studentengagement, and networking. We are currentlydeveloping these links through mentoring, internshipsand scholarships and continually looking for other ways to increase industry and alumni relations.

In light of these aims over $23,000 was raised for the University Fund through the University’s annualappeal program. This money will be used for variousscholarships, travel bursaries, travel allowances andvisiting professorships.

In 2007 the Advancement Unit will consolidate on2006 achievements and continue to work on buildingrelationships with industry partners, alumni andcommunity organisations to build a strong program for scholarships, research and endowed chairs.

ADVANCEMENT UNIT

After a year of planning, Economics and Commerce has shown leadership within the University bybeing one of the few Faculties to establish an Advancement Unit. This Unit comprises a Director,Suzanne Dixon, a Development Manager, Trish Khoury and an Alumni Advancement Officer, AmandaStanger. The team will be complete once an Advancement Assistant is employed in early 2007.

Ms Suzanne Dixon (centre) with Amanda Stanger (left) and Trish Khoury (right) of the Advancement Office



Dean and Associate Deans

Dean

Professor Margaret Abernethy

Deputy Dean

Professor Bruce Grundy

Assistant Dean

Associate Professor Carol Johnstonfrom June 2006

Associate Dean (Graduate Studies)

Associate Professor Greg Whitwell

Associate Dean (International)

Associate Professor Bill Harley

Associate Dean (Research)

Professor Guay Lim to June 2006,Professor Colin Ferguson from July2006

Associate Dean (Undergraduate

Studies)

Professor William Griffiths

Department of Accounting and

Business Information Systems

Head of Department

Professor of Accounting and

Business Information Systems

LEECH, STEWART: BCom, MEc Tas, FCA, FCPA, MACS, FAICDResearch Interests: Accountinginformation systems, decisionmaking in corporate recovery,intelligent decision aids, enterpriseresource planning systems.

Dean of Economics and Commerce

and Professor of Accounting

ABERNETHY, MARGARET: BEc, PhD LaTrobeResearch Interests: Strategy anddesign of control systems, manage-ment control in hospitals, costing and performance measurementsystems in manufacturing andservice industries.

G.L. Wood Professor of Accounting

SPEAR, NASSER: BEc (Acct) Syria,MS (Acct), PhD N Texas, FCPA, CMAResearch Interests: Capital markets-based research, international financialreporting, contracting research, initialpublic offerings, security valuation,accounting for extractive industries.

Professor of Business Information

Systems

FERGUSON, COLIN: BBus Swin,DipEd SCV, MEc NE, GradDipComp,PhD Deakin, ACA, FCPA, AAIM,MACSResearch Interests: Businessinformation systems, businessforensics, economics of auditing and auditor behaviour, fraud andcorporate governance.

Fitzgerald Chair of Accounting

LYON, JOHN: BCom (Hons) UQ,MFin Mgmt UQ, PhD Ohio SU Research Interests: Empiricalmethods in accounting and finance,earnings announcements and thepricing of audits.

Professor of Management

Accounting

LILLIS, ANNE: MCom, PhDResearch Interests: Managementcontrol systems design, strategy and performance management,evaluating strategic capitalexpenditures, corporate downsizing,structural cost management.

Associate Professors

DAVERN, MICHAEL: BCom (Hons)Tas, PhD MinnResearch Interests: Informationvaluation and use, decisiontechnologies, revenue yieldmanagement, behaviour ininformation environments.

PINNUCK, MATTHEW: BCom (Hons),PhDResearch Interests: Financialaccounting, behaviour of fundmanagers.

SCHULZ, AXEL: BCom (Hons),MCom, PhD UNSWResearch Interests: Managementaccounting, behavioural accounting.

Senior Lecturers

COBBIN, PHILLIP: BBus RMIT,MCom (Hons), BEd, MEd, DipEd SCVResearch Interests: Market for auditservices, history of accounting andaudit, accounting education history.

PEOPLE IN THE FACULTY

Professor Gregory Whitwell



CORAM, PAUL: BEc (Acc) Flin,GradDipEd Adel, MAcc UWA, PhD ANU, CAResearch Interests: Audit quality,behavioural research in assuranceand financial accounting, accountingeducation.

DILNUTT, ROD: BA GradDipEdLatrobe, PGradDip (Comp Sci)Monash, MBA Deakin, DBASouthern Cross

HO, SUSANNA: BEng, MPhil (CS)HKU, PhD (IS) HKUSTResearch Interests: Technologyadoption, electronic commerce and personalization technology.

PAN, GARY: BBA Sing, MPhil (IS)Manc, PhD (IS) MancResearch Interests: Projectmanagement, escalation theory,dynamic capability development,enterprise systems and manage-ment information systems.

POTTER, BRAD: BCom (Hons), PhDDeakin, CPAResearch Interests: Contractingresearch, accounting for public sector entities, international financialreporting, the development offinancial reporting regulation.

WISE, TREVOR: MCom Auck, PhD, CPA ACA NZ, CMA NZResearch Interests: Accountingtheory, financial accounting.

Lecturers

DOWLING, CARLIN: BCom (Hons)Tas PhDResearch Interests: Audit supportsystems, system restrictiveness,audit technology use, audit quality,audit firm control.

GRAFTON, JENNIFER: BCom (Hons),PhDResearch Interests: Managementcontrol system design and use in the not-for- profit sector, the designand control of inter-organisationalnetworks, performance managementand research methods.

HRONSKY, JANE: BBus, PGrad-DipBus Curtin, MCom (Hons) Research Interests: Audit judgement,communication issues in financial and audit reporting.

LEE, MICHAEL: BEc (Hons), MCom(Hons) Monash, GradDipAppFin&Invest FINSIA, SF FinResearch Interests: Enterpriseresource planning systems, supplychain systems, performancemanagement design, business case evaluations, projectmanagement implementation.

LEE, RICHARD: BEc Monash, DipEdSCV, CPAResearch Interests: Financialreporting, accounting policy choice,executive compensation, accountingeducation.

LIM, NENA: MSci (CompInfoSys)Georg State, MArts (Acc and Fin),Lancaster PhD UQ, FCCAResearch Interests: Innovationdiffusion, internet security, digitalpiracy.

MEHTA, MANJARI: MScTech (IS) BITS, PhD HoustonResearch Interests: Mergers andacquisitions, systems integration,strategic alignment, knowledgemanagement.

PARKES, ALISON: BCom W’gong, MBS (Hons) MasseyResearch Interests: workflowsystems reliance, task complexity,decisional guidance, decision support systems.

SRIDHARAN, VG: BComBharathidasan PhD AucklandResearch Interests: Economics ofmanagerial accounting systems andfirms internal governance structures.

VASSALLO, PETER: BAppSci, BArchCanberra, MCom Sydney, PhD UTSResearch Interests: Corporategovernance, real investments,financial statement analysis, financial choice.

Senior Tutor

BOYS, NOEL: BBus RMIT,GradDipEd Hawthorn, GradDipEd

CUSACK, GREG: BBus, DipTeachingRMIT, Assoc CPA

GOSAIN, PRIYANKA: BCom

LINGGO LIONG, JOANA: BCom

STAMATELATOS, ANNA: BSc,DipEd, BEc, BBusAcc (Hons)Monash, CMA, CPAResearch Interests: Managementaccounting, financial accounting –capital markets, accountingeducation.

Professors Emeritus

NICOL, ROBERT: BEc Syd, MBA,PhD California, FCPA

WRIGHT, KENNETH: BMetE, DCom,FASA, FASSA, FAIM

Professorial Fellows

EASTON, PETER: BAgSc, BEc Adel,DTTech Torrens, DFinMgmt NE, PhDBerkleyResearch Interests: Financialstatement analysis and equitysecurity valuation and the estimationof the expected rate of return onequity investments.

FRANCIS, JERE: BSc Drake, MScMinnesota, PhD, DEcon NEResearch Interests: Economics ofauditing, the effect of auditing on the quality of financial reporting,corporate governance, internationalaccounting.

SUTTON, STEVE: BSA, MA, PhDMissouriResearch Interests: Accountinginformation systems and assurance,impact of KBS on individual decisionmaking and on user knowledgeacquisition/ learning, IS assurance,business risk in B2B e-Commercerelationships, risk analysis in supplychains.

Principal Fellows

ANDERSON, SHANNON: BSEPrinceton, PhD Harvard

ARNOLD, VICKY: BA, MBA, PhDArkansasResearch Interests: Individualdecision making; accountinginformation systems; use of decisionaids; expert systems and KBS ondecision making; assurance services.

BURROWS, GEOFFREY: MCom,DipEd, FCPA

COLLIER, PHILL: BSc Hull, MScEssex



Senior Fellows

ALFREDSON, KEITH: BCom Qld

BOUWENS, JAN: MFin, PhD TilburgResearch Interests: Performancemeasurement systems.

Fellows

LESLIE, STEWART: BCom, FCA

POUND, HAYDN: BBus MBAMelb/Chicago CPA

Professional Staff

ANDERSON, SHERRYL: MBA,MCom Law DeakinPosition: Department Manager

BARNES, SOPHIE: BA(Engl)(Media),GradDipBus (HR) Edith CowanPosition: Manager, AcademicServices

CROSER, REBECCA: BDesUSthAust, GradDipArtsPosition: Student Administrator

DECOLONGON, JENNIFER:DipDramArts VCA, BA (Hons) Position: Research AdministrativeOfficer

GIANNIOS, ANNA(May 2006 – present)Position: Front Office Administrator

KING, CHRISTINEPosition: Front Office Administrator

KOVACEVIC, NATASHA: BBus RMIT(until November 2006)Position: Budget and ResourcesOfficer

MCNAMARA, KERRYPosition: Front Office Administrator

MITCHELL, STEVEN: BA( Hons)DipML (French) (September 2006 – present)Position: Administrative Assistant

PEDLEY, SARAH: BA (Hons), DipItal(Teaching) PerugiaPosition: Student Administrator

RAJENDREN, SANJEV: BEng (Softw) / BA (Psych) Position: Applications Developer

ROBINSON, LOREL: Cert IIIBusAdmin Batman Kangan TAFEPosition: Personal Assistant to Head of Department

Department of Economics

Head of Department and Professor

of Economics

OLEKALNS, NILSS: BEc (Hons) Adel,MEc ANU, MA WOnt, PhD LaTrobeResearch Interests: Macro-economics, applied econometrics.

Professors of Economics

BARDSLEY, PETER: BSc (Hons)ANU, PhD DurhResearch Interests: Economic theory,mathematical economics, gametheory, information and strategicbehaviour, organisational design andtheory of the firm, theoretical finance.

BORLAND, JEFF: MA, PhD Yale,FASSAResearch interest: Operation oflabour markets in Australia, theoriesof labour markets activity, economicsof sport, program and policyevaluation and design, Australianeconomic history.

FREEBAIRN, JOHN: MAgrEcon NE,PhD Davis, FASSAResearch Interests: Taxation reform,labour economics, especiallyemployment, infrastructure pricingand investment.

KING, IAN: BA, Concordia, PhDQueen’s, OntResearch Interests: Macro-economics, search, incomeinequality, growth, unemployment,monetary theory, networks andtechnological change

McDONALD, IAN: BA (Hons) Leic,MA Warw, PhD SFraser, FASSAResearch Interests: Macro-economics, labour economics.

Truby Williams Professor of

Economics

CREEDY, JOHN: BSc Brist, BPhil Oxf, FASSAResearch Interests: Incomedistribution, public economics, labour economics, history ofeconomic analysis.

Professors of Econometrics

GRIFFITHS, WILLIAM: BAgEc (Hons)UNE, PhD Illinois, FASSAResearch Interests: Markov chainmonte carlo techniques, imposinginequality constraints in systems ofequations, finite sample inference for nonlinear functions of parameters,and model selection.

MARTIN, VANCE: BEc (Hons), MEc,PhD MonashResearch Interests: Econometrics,time series analysis, monetaryeconomics, macroeconomics.

Professorial Fellow

LIM, GUAY: MEc Adel, PhD ANUResearch Interests: Modelling thebehaviour of exchange rates, riskand volatility, estimating optionpricing models, financial econo-metrics, international monetaryeconomics.

VAN DEN NOUWELAND, ANNE: BA (Maths), MA (Maths) Nijmegen,PhD Tilburg UniversityResearch Interests: (Applied) gametheory, Mathematical economics,Microeconomics.

Readers/Associate Professors

CAMERON, LISA: BCom (Hons),MCom (Hons), PhD Prin Research Interests: Developmenteconomics, Asian economics, applied econometrics, experimentaleconomics.

DIXON, ROBERT: BEc (Hons)Monash, PhD KentResearch Interests: Macro-economics, industrial economics,Marxian economics, regionaleconomics.

GANGADHARAN, LATA: BA HinduCollege, MA Delhi School of Eco,PhD SCalifResearch Interests: Environmentaleconomics, experimental economics,applied econometrics, appliedmicroeconomics.

HARRIS, DAVID: MEc James Cook,PhD MonashResearch Interests: Time seriesanalysis.



HENRY, OLAN: BA (Hons) Dub, MA,PhD ReadingResearch Interests: Econometricmodelling and forecasting of assetmarket volatility, term structuremodelling, the inflation hedgingcharacteristics of property andproperty serviced in the U.K.

HIRSCHBERG, JOSEPH: MA Calif,PhD, SCalifResearch Interests: Electricitydemand/rates, labour discrimination,demand analysis, cluster analysis.

JAYASURIYA, SISIRA: BEc (Hons)Ceylon, MEc, PhD ANUResearch Interests: Macro-economics, agricultural economics,development economics, inter-national trade and capital, andinternational political economy.

LYE, JEANETTE: MA, PhD CantResearch Interests: Non normaldistributions, applications of multi-modality, modelling of exchangerates, theory and application of non linear models, general appliedeconometrics.

MacLAREN, DONALD: BSc (Agr)(Hons) Aberd, MS, PhD CornellResearch Interests: Agricultural tradepolicy, agriculture and the WorldTrade Organisation, the I-O structureof international commodity markets.

NORMAN, NEVILLE: BCom (Hons)MA, Melb, PhD Camb Research Interests: Industrial pricingas influenced by tariffs, exchangerates and world price movements;health economics; trade practiceseconomic issues and the economicsof e-commerce.

SHIELDS, KALVINDER: BA (Hons),MA Reading, PhD LeicesterResearch Interests: Econometricmodelling of the dynamics ofemerging Eastern European financialmarkets, survey-based expectationsin macroeconomic modelsforecasting, sectorial disaggregationdata in applied macroeconomics.

SHIELDS, MICHAEL: BA (Hons)Staffordshire, MSc Health UNY, PhDLeicesterResearch Interests: Economics ofimmigration, economics of labourmarket discrimination, labour marketfor medical professions.

Senior Lecturers

DE FONTENAY, CATHERINE: BA(Hons) McGill, PhD StanfordResearch Interests: Developmenteconomics, industrial organisation,theoretical and empirical bargainingtheory.

HARDING, DON: MEc ANU PhD YaleResearch Interests:Macroeconomics.

HILLBERRY, RUSSELL: BSMinnesota, PhD IndianaResearch Interests: Economicgeography, international trade.

RAIMONDO, ROBERTO: LaureaMilan, PhD (Mathematics) StateUniversity of New York, PhDBerkeleyResearch Interests: Economic theory, financial economics.

SKEELS, CHRISTOPHER: BEc(Hons), PhD MonashResearch Interests: Econometrictheory.

SMITH, RHONDA: BCom (Hons), MA (Hons)Research Interests: Economics oftrade practices, economic policytowards industry.

WILLIAMS, JENNY: BEc ANU, MEcPhD RiceResearch Interests: Micro-econometrics, health economics.

Lecturers and Research Staff

BASOV, SUREN: MA New EconomicSchool (Moscow), DipEng (Physics),PhD BostonResearch Interests: Economic theory,mathematical economics, contracttheory, industrial organization, laboreconomics.

CLARKE, ANDREW: BA MEc Syd,PhD McMasterResearch Interests: Laboureconomics, macroeconomics,econometrics.

COELLI, MICHAEL: BCom (Hons)UNSW, MA PhD, British ColumbiaResearch Interests: Laboureconomics, applied microecono-metrics, public economics, educationeconomics.

ERKAL, NISVAN: MA MacalesterCollege, MA, PhD MarylandResearch Interests: Industrialorganisation, microeconomic theory.

HODLER, ROLAND: MA, PhD BernResearch Interests: Economicdevelopment, political economy,international economics.

JACOBI, LIANA: DipEco Otto-Friedrich, MA St LouisResearch Interests: Econometrics,applied econometrics, laboureconomics, macro and monetryeconomics.

LI, SHUNYUN (MAY): BS MARenmin, MS, PhD Texas at AustinResearch Interests: Macroeconomicimplications of financial frictions,business cycle modelling, monetarypolicy transmission mechanism,venture capital, contract theory.

LOERTSCHER, SIMON: MA, PhDBern Research Interests: Industrialorganisation, mechanism design,political economy.

NIKIFORAKIS, NIKOS: BA (Bus)Athens, MA, PhD LondonResearch Interests: Experimentaleconomics, behavioural economics,industrial organization, publiceconomics, game theory.

SHAH, MANISHA: BA Berkeley, MSc LSE, MS, PhD BerkeleyResearch Interests: Microeconomics,development economics, healtheconomics, policy analysis

UREN, LAWRENCE: BEc (Hons) ANUResearch Interests: Macro-economics, labour economics.


CORDEN, WARNER MAX: BEc, PhDLSE FASSA

GANS, JOSHUA: BEc Qld, PhDStanford

TAYLOR, GREGORY: BA, PhD, FIA,FIAA, FIMA

WILLIAMS, PHILIP: MEc MonashPhD LSE

Principal Fellows

IRONMONGER, DUNCAN: MCom,PhD Camb

JENNINGS, VICTOR: BEng, OBE

JOHNSTON, CAROL: BCom, BEd,MEd, PhD

NIEUWENHUYSEN, JOHN: MANatal, PhD London, FASSA



WHEATLEY PRICE, STEPHEN: BA,MA, PhD Leicester

Senior Fellows

WILLIAMS, LYNNE: BA, MA,

MSc LSE, PhD Monash

Fellows

HARPER, MARGORIE: MA

JAFFER, SUE: BSc, MA

MORRIS, NICK: MA (Hons), MPhilOxford

PORTER, MICHAEL: BEc (Hons)Adel, PhD Stanford

STONEHAM, GARY: BCom, MA Qld

TERRILL, DANIEL: BA, PhD

Professors Emeritus

LLOYD, PETER: MA Vic NZ, PhDDuke, FASSA

PERKINS, JAMES: MA, PhD Camb,MCom FASSA

Professional Staff

MILLERICK, CHERIE: BA SydPosition: Department Manager

BANFORD, ALISONPosition: Manager, Academic Support Services

DEGENHARDT, SUZANNE: BEd Position: General Front OfficeSupport and Actuarial StudiesDistance Education Administrator

GOULETSAS, PERSEFONIPosition: Coordinator AdministrativeSupport Services

HADDAD, LEONIE: AdvDipBusPosition: Financial and HROperational Support

KHAN, NAHID: MCom, MSocSci(Econ) University of Dhaka, BSocSci(Hon Ec) University of DhakaPosition: Tutor Coordinator andUndergraduate Support Officer

LEONG, COLEMANN: CBE&ACERMIT, PGradDipCompSci SwinPosition: Web and System SupportOfficer

LO, VICTOR: BEng (Geomatics)UNSW, GradDip (IT) SwinPosition: Web Development Officer

LOCHRAN, MARGARETPosition: Department Web PageAdministrative Support

LOMBARDO, ROSEMARYPosition: Front Office Supervisor

PHILIP, PREETA: MBA SpicerPosition: Departmental FinancialManager

SCHERER, HEIDI: AssDipBusHomesglenPosition: Academic Support ServicesOfficer

VANCUYLENBURG, SANJEEVA:DipTech (Computing) HomesglenPosition: Web and Systems SupportOfficer

MACKINNON, LESLEY: RN, RMNNPC, DipSocSci (Welfare),BHealthSci (Nursing PostRegistration)Position: Administrative SupportOfficer, Distance Education

Centre for Actuarial Studies

Director and Professor of Actuarial

Studies

DICKSON, DAVID: BSc (Hons), PhDHeriot-Watt, FFA, FIAAResearch Interests: Aggregate claimsdistributions, renewal risk processes,recursive methods in risk theory.

Professorial Fellow

DUFRESNE, DANIEL: BSc (Hons)Montreal, PhD City, FSAResearch Interests: Financialmathematics, actuarial science and probability.

Associate Professor

JOSHI, MARK: BA (Hons) Oxford,PhD MITResearch Interests: Financialmathematics.

Senior Lecturers

FITZHERBERT, RICHARD: BSc(Hons) Syd, FIA, FIAA, FFinResearch Interests: Stochasticinvestment models, investments.

LI, SHUANMING: BSc Tianjin, MEcRenmin, PhD ConcordiaResearch Interests: Risk and ruintheory, stochastic modelling ininsurance and finance, actuarialscience.

PITT, DAVID: BEc, BSc Macquarie,PhD ANU, FIAAResearch Interests: Analysis ofdisability income insurance portfolios,stochastic modelling in actuarialscience.

Lecturer

WU, XUEYUAN: BSc, MSc Nankai,PhD HKUResearch Interests: Correlated riskmodels, ruin theory, recursivecalculations for ruin probabilities.

Professorial Associate

TAYLOR, GREG: BA, PhD, PhD, FIA, FIAA, FIMA, CMath, AOResearch Interests: Modelling ingeneral insurance.

Honorary Senior Fellows

GRIBBLE, JULES: BSc (Hons) Adel,PhD St Andrews, FIAA, FCIA, FSA

HARSLETT, GRANT: BSc (Hons) Adel,FIA, FIAA, ASA

TRUSLOVE, ALLEN: BSc(Hons), PhDMonash, MBA Deakin, FIA, FIAA

Department of Finance

Head of Department and Professor

of Finance

KOFMAN, PAUL: MEc, PhD ErasmusResearch Interests: Price discovery in regulated financial markets,extreme value analysis and financialapplications, insurance rate making,asset allocation design.

Deputy Head of Department and

Associate Professor

BROWN, CHRISTINE: MSc, DipEd,PhD, SF FinResearch Interests: Pricing derivativesecurities and innovations in financialmarkets, derivative markets, valuationof real options, modelling credit risk,financial institutions management,capital budgeting, share buybacks,bank regulation and implementationof Basel 2, infrastructure financing.

Commonwealth Bank Group

Professor of Finance

DAVIS, KEVIN: BEc (Hons) Flin, MEcANU, F Fin, FFTPResearch Interests: Financialinstitutions management, treasurymanagement, financial engineering,corporate financial policy, financialmarkets.

Professors of Finance

BROWN, ROB: MEc Syd, FCPA, F FinResearch Interests: Interest rateswaps, management and regulationof financial intermediaries.



GRUNDY, BRUCE: BCom (Hons) Qld,PhD ChicResearch Interests: Derivatives,corporate governance, real options,the structure of the mutual fundindustry, momentum tradingstrategies, cost of capital withclassical and imputation tax regimes.

WHEATLEY, SIMON: MA (Hons)Aberdeen, MA S Fraser, PhDRochesterResearch Interests: Investments,international finance.


CHAN, HOWARD: BCom (Hons)Melb, MEc, PhD Monash, CPAResearch Interests: Asset pricing;market efficiency, capital markets and the role of analysts asinformation intermediaries; pricing of securities and the role of liquidityand cycles in markets; derivativesecurities.

HANDLEY, JOHN: BCom, BMathNewc, MCom (Hons), PhD, F FinResearch Interests: Corporatefinance, derivative security pricingand corporate finance applications of derivative security pricing includingthe design of financial securities, cost of capital, corporate valuationand real options.

LAMBA, ASJEET: BA (Hons) Delhi,MBA Mich, PhD Wash, CFAResearch Interests: Liquidity andefficiency of equity markets;Information transmission acrossequity markets; valuation implicationsof corporate events.

SAWYER, KIM: BSc UWA, MEc, PhD ANUResearch Interests: Finance theory,quantitative finance, behavioralfinance, corporate governance.

SCHWANN, GREG: BA (Hons)Queens, MA (Ec), PhD BritishColumbiaResearch Interests: Real estatefinance, real estate economics, real estate backed derivatives.

Senior Lecturers

CHANG, XIN: BA Tsinghua, MPhilPBOC, PhD HKUSTResearch Interests: Corporatefinance.

CHNG, MICHAEL: BCom (Hons),M.Com (Hons), PhD Research Interests: Price discovery,cross-market trading dynamics,trading strategies.

PINDER, SEAN: BCom (Hons)Monash, PhD Newc, SA FinResearch Interests: Issues relating to the valuation of derivativesecurities and the analysis ofcorporate financial decision-making.

SCHEULE, HARALD: MBARegensburg, DBA RegensburgResearch Interests: Financial riskmeasurement and management.

SHEKHAR, CHANDER: BS Pujab, MS Virginia, PhD Penn StateResearch Interest: Economic modelsof financial markets, market forcorporate control, initial publicofferings, corporate restructuring.

Lecturers

AHARONI, GIL: BA, MBA, PhD Tel AvivResearch Interests: Asset pricing

BROWN, RAYNA: BA Macq, MCom (Hons), PhD Melb, SA FinResearch Interests: Regulation offinancial institutions, real estatefinance.

BUCHANAN, BONNIE: BSc (Hons)NSW, MAppSc RMIT, PhD GeorgiaResearch Interests: Corporategovernance, financial fraud, law and economics.

COLEMAN, LES: BEng (Hons) Melb,BSc (Econ) (Hons) London, MEc Syd,PhD, CFTP (Snr)Research Interests: Risk strategy,behavioural finance, wageringmarkets, applied corporate finance,agricultural and resources finance,corporate crises, practical applicationsof academic research.

GYGAX, ANDRE: lic oec HSG St.Gallen, MSc, MBA Colorado, PhDResearch Interests: Entrepreneurialfinance, industrial organisation,dynamic social networks.

HUI, SANDRA: BCom ANU, MFinRMIT, PhD MonashResearch Interests: Credit riskmodelling and valuation, interest ratemodelling and financial mathematics.

MAHESWARAN, KRISHNAN: BEc(Hons) LaTrobe, MCom (Hons), PhDResearch Interests: Asset pricing and consumption, term structure of interest rates.

O’CONNOR, IAN: BBus Chisholm,MBus RMIT, PhD, CPA, SA FinResearch lnterests: Bank efficiency,derivative securities, volatilityforecasting.

SCOTT, CALLUM: BSc (Hons) Edin,BA Open UK, GradDipEd Dundee,GradDipCInfSc, MSc VUT, PhD, AFPA(Academic)Research Interests: The application of artificial neural networks infinance, real estate finance andanalysis.

ZENG, QI: BS SJTU, MS AcademiaSinica, MS UIC, PhD PennResearch Interests: Asset pricing,Chinese Stock Market.

Tutors

HAQUE, TARIQ: BSc, BCom (Hons)Research Interests: Asset pricing,behavioural finance, fundsmanagement, financial econometrics.

Research Assistant

TANG, WILLIAM: BCom, GradDip(Data Processing) MonashResearch Interests: e-Solutions tobusiness enterprise and academicresearch.


STAPLETON, RICHARD: BA (Hons)Sheffield, BA (Mathematics) OpenUK, PhD SheffieldProfessor of Finance, University ofManchester, UK

SUBRAHMANYAM, MARTI: BoT IIT,PGDBA IIM, PhD MITCharles E. Merrill Professor ofFinance and Economics, New YorkUniversity, USA

Senior Fellows

COCKS, GRAHAM: MEc Syd, MStatFlor, MSc Brad



INGWERSEN, MICHAEL: BEcMonash, MBA

Fellows

ERREY, ROBERT: BBus SAIT,

GradDipStats Canberra CAE, MBAUWA, MComResearch Interests: Financial aspectsof marketing management.

HART, KEITH: BSc (Hons) Sussex,MSc PhD Vic

ROBERTSON, DAVID: BA (Eco), LLM

ROBINSON, DAVID: BAdmin(Ec)(Hons) (Griffith)

Visiting Academics

CLEARY, SEAN: MBA St Mary’s, PhDToronto, CFAAssociate Professor of Finance,Department of Finance, InformationSystems, and Management Science,Saint Mary’s University

HANLY, JAMES: BBS, MBS DublinAssistant Lecturer, Department ofAccounting and Finance, DublinInstitute of Technology

HO, YEW KEE: BEcon (Hons), MEc,Monash, MSc (IndAdAcc), PhD(Accounting) Carnegie MellonAssociate Professor, NUS BusinessSchool, National University ofSingapore

KESTER, GEORGE: BBA WakeForest, MBA (Fin) UNC Charlotte,PhD (BusAdm) DardenMamie Fox Tyman Martel Professorand Head of Department ofManagement, Williams School ofCommerce, Economics and Politics,Washington and Lee University,Lexington, Virginia, USA

PALMER, KEN: BSc (Hons), MCom(Hons) Melb, PhD ANUProfessor of Mathematics, NationalTaiwan University

ROESCH, DANIEL: MSc (BusAdmin),PhD (BusAdmin) RegensburgAssistant Professor, Department ofStatistics, University of Regensburg,Germany

Professional Staff

KREITNER, JASON: BA NM State,MPA, JD South DakotaPosition: Department Manager

DOYLE, JOANNEPosition: Finance and ResourcesManager, Deputy DepartmentManager

BARBEROGLOU, SILVIAPosition: Academic Services Officer

CAREY, ROBIN: BSc (Econ), MA(Econ) UC – RiversidePosition: Executive Assistant

DALVEAN, JO: BAppSc MonashPosition: IT Manager

DIXON, HELENPosition: Student Services Officer

MOIR, WENDY: BAppSc (InfoTech)(Hons) CSturtPosition: IT Support and WebDeveloper

MURRAY, ANNMAREE: BAppSci(PhysEd) VUTPosition: Academic Services Officer

VELLA, JULIEANNEPosition: Academic Services Officer

Department of Management

and Marketing

Associate Professor and Head

of Department

(from June 2006)

LUKAS, BRYAN: MBA Nebraska, PhD MemphisResearch Interests: Strategicmarketing (brand strategy andproduct innovation strategy), brand valuation, marketing-financeinterface, international marketing.

Professor and Head of Department

(from January 2006)

ZAMMUTO, RAYMOND: PhD IllinoisResearch Interests: Organisationaladaptability to changing industryconditions.

Professors

DICK, HOWARD: BEc (Hons)Monash, MEc, PhD ANUResearch Interests: Asian business,corruption and governance,institutional development, globallogistics, urbanisation in the Asia-pacific, maritime history and policy.Country expertise: Indonesia,Southeast Asia, Japan.

HARDY, CYNTHIA: BSc (MgtSc), PhD WarwickResearch Interests: Organisationtheory, strategy power and politics in organisation, strategic change,interorganisational collaboration,organisational discourse theory.

KULIK, CAROL: PhD IllinoisResearch Interests: HRmanagement, workforce diversity,fairness in organisations.

MERRETT, DAVID: BEc (Hons), MEc MonashResearch Interests: International-isation of Australian firms, evolutionof big business‚ in Australia,headquarter-subsidiary relations in multinationals, principal-agentissues within firms.

SAMSON, DANNY: BE (Chem)UNSW, PhD AGSM, UNSWResearch Interests: Businesscompetitiveness drivers, operationsstrategy, risk management, sustain-able development, e-business,decision making under uncertainty.

SEWELL, GRAHAM: BSc (Hons),PhD WalesResearch Interests: Workplacesurveillance, teamwork, businessethics, recent developments inorganisation and management theory, qualitative research methods,evolutionary psychology, sociology of work and organisations.

Associate Professor and Reader

BENSON, JOHN: BEc, MEd Monash,MA, PhDResearch Interests: HRM HRM/employment relations in Japan andChina, Japanese manage-ment, tradeunions, enterprise restructuring andoutsourcing, employee commitment,knowledge workers.

KRAIMER, MARIA: PhD (Illinois)Research Interests: Managingexpatriate employees, career issues, and the employee-employerrelationships. Teaching interestsinclude human resource manage-ment, compensation, andinternational management.


BROWN, MICHELLE: BCom (Hons),MA, PhD WisconsinResearch Interests: Human resourcemanagement/industrial relations, paysystems – performance based payand its implications for employees,unions and organisations, employeeparticipation and its consequences.



CREGAN, CHRISTINA: BA Leeds,DipEd Oxford, MSc, PhD (LSE)Research Interests: Trade unionmembership, young people in the labour market, internal labourmarkets, industrial democracy.

HARLEY, WILLIAM: BA (Hons), PhD QldResearch Interests: Industrialrelations, HRM, work organisation,high performance work systems,teamwork, precarious employment,trade unions.

HARZING, ANNE-WIL: BAHogeschool Enschede, MAMaastricht, PhD BradfordResearch Interests: HQ-subsidiaryrelations, international HRM, cross-cultural management, the role oflanguage in international business,the impact of culture on studentlearning styles.

SIEBERT, SCOTT: BS SUNY, MS PhDCornellResearch Interests: Personality,interpersonal behaviour and careersuccess, psychological climate andwork motivation, personality andentrepreneurship, social capital,proactive personality.

TERZIOVSKI, MILE: BE (Hons), ME (Hons) W’gong, MBA RMIT, PhDResearch Interests: Operationmanagement, quality management,value of ISO 9000 and ISO 14000certification, continuous improvementand innovation management, e-commerce – Euro-Australiancollaboration in SMEs, organisationalperformance, international bestpractice, reengineering.

WATERS, LEA: BA (Hons), PhDDeakinResearch Interests: Thepsychological consequences ofunemployment and retrenchment,training and development programsfor unemployed people, occupationalstress, work-family conflict,mentoring.

WHITWELL, GREGORY: BEcMonash, PhDResearch Interests: Environmentaluncertainty, the marketing/financeinterface, the role of real optionsthinking in marketing strategy,marketing’s contribution to businessstrategy and the role of intangiblemarketing assets, internationalmarketing, especially exporting,understanding customer needsthrough techniques such as ZMET,social capital and its relevance tomarketing activities, electronicmarketing.

ZHU, YING: BEc Peking, PhDResearch Interests: HRM,international HRM, internationalbusiness management, economicdevelopment in Asia (China, Japan,South Korea, Taiwan and Vietnam),political economy of globalisation.

Senior Lecturers

BEVERLAND, MICHAEL: BCom,DipCom, MCom (Hons) Auckland,PhD (Bus and Man) Univ SAResearch Interests: Values-basedbranding, brand management overthe long run, luxury branding, themarketing of authenticity, relationshiptransformation and trajectories overtime (both business-to-business andbusiness-to-consumer), implementingmarketing programs, how consumersrespond to design aesthetics, valuecreating processes in industrial firms.

BOVE, LILIANA: BAgSci (Hons)LaTrobe, BBus (Marketing) RMIT,PhD MonashResearch Interests: Servicesmarketing, relationship marketing,customer loyalty, customercitizenship behaviour.

JOHNSTON, STEWART: BA Well,MSc Lond, PhDResearch Interests: All aspects of management in multinationalcorporations – strategy, structure,control, innovation, HQ-subsidiaryrelations, Japanese management and Japanese business groups.

MOOSA, SHARAFALI: BSc, MScMadras, PhD NUS and MadrasResearch Interests: Supply chainmanagement, reverse logistics,warehousing queues, inventoryand reliability.

MORGAN, STEPHEN: BA Monash,MA HK, PhD ANUResearch Interests: Foreign directinvestment and internationalbusiness, business economic andsocial history of China, 19th and 20th centuries, the history ofmanagement and organisation in China in the 20th century, anthro-pometric history of China and Taiwan(stature, health and nutrition).

NAPOLI, JULIE: BBus (Hons), MCom(Marketing) Curtin, PhD MonashResearch Interests: Creating andmanaging brand meaning, brandmanagement across contexts andcultures, brand orientation andperformance, music effects inadvertising and marketing.

POWER, DAMIEN: BBus, MBus,PhD Monash, CFPIMResearch Interests: Business tobusiness e-commerce, supply chainsystems/virtual integration, businessprocess redesign, operationsstrategy.

SARGENT, LEISA: BA, MOrgPsychQld, PhD TorontoResearch Interests: The effects ofjob changes on identity and careerrelated outcomes, stress and stressmanagement strategies, teaminterventions and team effectiveness.



SINGH, PRAKASH: BE (Hons) BBusQUT, PhDResearch interests: Operationsmanagement, supply chainmanagement, quality management,innovation management.

Lecturers

BARSKY, ADAM: BA (Psychology and Sociology) Wisconsin-Madison,Masters in I/O Psychology, PhDTulaneResearch Interests: Social issues in management, business ethics,workplace fairness, discrimination,job related effects and work stress,personality and well being, researchmethodology and statistics.

BRATTON, VIRGINIA: BA Moorhead,MA Florida, PhD FloridaResearch Interests: Impressionmanagement, business ethics,organisational identity and politics.

CHMIELEWSKI, DANIELLE:BA/BCom (Hons), PhDResearch Interests: Strategicmarketing, strategic management,timing of entry, brand introductionstrategy, resource-based view andcapabilities, strategic orientation.

DAVIES, JENNIFER: BBusMgt(Hons), PhD Candidate QldResearch Interests: Inter-organisat-ional relationship, strategic networks,rivalry, strategic groups, knowledgeand innovation.

FRAHM, JENNIFER: BBusCommunication (Hons), PhD QUTResearch Interests: Organisationalchange and development,organisational communication,workplace communication,employees experience of change,innovation, strategic change, process research methods, mixed methodology.

HANNA, VICTORIA: BEng (Hons),PhD LoughboroughResearch interests: Small firmcooperation, innovation andcompetitiveness

LIM, ELISON: BBA (Hons), PhD, NUS BusSchool SingaporeResearch Interests: Informationprocessing, language effects inadvertising, cross-cultural consumerdifferences, behavioural decisiontheory.

MAGUIRE, CATHERINE: BCom(Hons), PhD candidateResearch interests: Effects of unionmembership status and union-management climate, relationshipbetween job and life satisfaction,reshaping organisations based on e-commerce.

METZ, ISABEL: BSci (CompSci) UWitSAfrica, MBA MBS, PhD Monash Research Interests: gender andcareers, organisational culture andleadership, work related stress andtoxin handling, and psychologicalcontracts.

MOL, JOERI: MSc Erasmus, PhD(Mgmt Sci) GroningenResearch Interests: Selectionmechanisms in markets, power and appropriation in organizations,classification systems and genreformation, diffusion processes,broadcasting and creative industries.

NAGPAL, ANISH: BSc (Hons)MechEng, MSc (Hons) Econ, BITSPilani, PhD (Mktg) HoustonResearch Interests: Consumerbehavior, information processing,decision frames and choice, decisionconflict.

NEVILLE, BEN: BCom, PGradDip,PhD candidateResearch Interests: Corporate socialresponsibility and business ethics,stakeholder theory and stakeholdermanagement, climate change andenvironmental issues, consumerissues and marketing ethics, cross-cultural issues in marketing andmanagement.

OSEGOWITSCH, TOM: BA (Hons)Wirtschafts Wien, MCom (byResearch), PhD UWAResearch Interest: Strategies ofmultinational companies, internationalbusiness, strategy, HQ-subsidiaryrelationship.

PALADINO, ANGELA: BCom (Hons),PhDResearch Interests: Consumerbehaviour, environmental marketing,innovation and corporate perform-ance, resource-based view andcapabilities strategies, marketorientation, strategic managementand marketing.

SAMMARTINO, ANDRE: BCom(Hons), PhDResearch Interests: Internationalbusiness, regionalisation andglobalisation, internationalisation of Australian firms and of retailers,transformation of subsidiary roles,vertical scope and competitiveadvantage, business history.

ZALAN, TATIANA: BEd (Hons)Moscow, MBA Adel, PhD, Sth AustResearch Interests: Failure of firms in international markets, Internationaldiversification and firm performance,international competitiveness of firmsfrom smaller economies, knowledgemanagement in multinational firms.

Professor Emeritus

ISAAC, JOSEPH AO: BComBA(Hons) Melb, PhD Lond, HonDEcon Monash, Hon DCom Melb,Hon LLD Macquarie, FASSA Research Interests: Labour marketinstitutions, industrial relations,wages policy, small business.

Professional Staff

SHORT, WENDY: AssDipApSci (Sci Lab) Swin, GradDipEdAdmin HIE,MEdAdmin UNEPosition: Department Manager

BERGMAN, KRISTEL: BA/BScPosition: Front Office Administrator

BISHOP, LIZA: BBus Mgt PendingRMITPosition: Executive Assistant /Undergraduate Coordinator

BROWN, OLGA Position: Front Office Administrator

COX, MARY: ALAAPosition: Administrative ServicesManager

GILBERT, KERRIE Position: Executive Assistant

HALL, BRADLEY Position: Budgets and ResourcesOfficer

HEDDLE, NICOLE: AdvDip(Photography) ChchPosition: Undergraduate Coordinator

JENKINS, RACHEL: GradCertBusSwinPosition: Undergraduate Coordinator

KENTON, SUSAN: BA, DipEd, BEdLaTrobePosition: Research Coordinator



McCORMICK, CHRISSYPosition: Front Office Administrator

SIMON, DENISEPosition: Executive Assistant

WILSON, REBECCA: BA(Hons)Position: Student Administration and Events coordinator

Melbourne Institute of Applied

Economic and Social Research

Director

FREEBAIRN, JOHN: MAgEc, NE,PhD Davis, FASSAResearch interests: Taxation reform,labour economics, especiallyemployment, infrastructure pricingand investment, and microeconomicreform.

Deputy Director and Professorial

Fellow

WOODEN, MARK: BEc (Hons) Flin,MSc LondResearch interests: Laboureconomics, industrial relations and survey methodology.

Director, Applied Macroeconomics

Research Program and Professorial

Research Fellow

LIM, GUAY: BEc, MEc, PhD ANUResearch interests: Modelling theAustralian economy, macroecono-metrics, exchange rates.

Director, Labour Economics and

Social Policy Research Program

and Professorial Research Fellow

MAVROMARAS, KOSTAS: BSc(Hons), DPhil YorkResearch interests: Labour markets,econometrics, social policy andhealth economics.

Professorial Fellow

SCOTT, ANTHONY: BA (Hons)Newcastle, MSc York, PhD AberdeenResearch Interests: Healtheconomics organisation and financingof health care, labour markets ofhealth care professionals.

Principal Research Fellows

GUYONNE, KALB: MEc Erasmus,PhD MonashResearch interests: Appliedmicroeconom(etr)ics in particular,labour and household econometrics,social policy issues, microsimulationmodelling.

HEADEY, BRUCE: BA Oxf, MA Wisc,PhD StrathResearch interests: Welfare anddistributional issues and socialwelfare policies in Western Europeand North America.

WEBSTER, ELIZABETH: BEc (Hons),MEc Monash, PhD CambResearch interests: Industrialeconomics, innovation andintellectual property, labour markets.

Senior Research Fellows

JENSEN, PAUL: BEc Syd, PhDUNSWResearch interests: Microeconomicreform, industrial organisation,intellectual property.

WILKINS, ROGER: BCom (Hons),MCom, MSc Wisc, PhDResearch interests: LabourEconomics, income inequality andpoverty, microeconomics, appliedmicroeconometrics.

YONG, JONGSAY: BA, BSocSc(Hons), MSocSc, NUS, MA, PhD Brit ColResearch interests: Healtheconomics, industrial organisation,competition policy and regulatoryeconomics, transport economics,applied game theory.

Research Fellows

BUDDELMEYER, HIELKE: MScVrije/Am, MA, PhD NYUResearch interests: Appliedmicroeconomics, labour supply,applied econometrics.

CAI, LIXIN: BEd Henan, MA Renmin,MEc, PhD ANUResearch interests: Laboureconomics, social policy, socialsecurity reforms in transitionaleconomies.

CHUA, MICHAEL: BEc (Hons), PhD UNEResearch interests: Bayesianinference, forecasting, appliedmacroeconomics.

FREIDIN, SIMON: BBSc (Hons),GradDipCompSc LaTrobePosition: Survey Research DatabaseManager and Analyst HILDA

GOODE, ALISON: BA (Hons)Newcastle Upon Tyne, MScAberdeenPosition: HILDA Survey Analyst

HARDING, GLENYS: BEc ANU,GradDipEcPosition: Database Manager andAnalyst

LEAHY, ANNE: BComGradCertClassicsPosition: Survey Data Analyst

SHENG LEE, WANG: BA (Eco) Colby,MA MichiganResearch interests: Low-paydynamics, welfare transitions, childcare benefits and microsimulation of labour supply.

LOW, CHIN NAM: BSc (Hons), MScLondon, PhD MonashResearch interests: Forecasting ofmacroeconomic and financial timeseries using various non-linearmodels

JEON, SUNG-HEE: BA EwhaWomen’s, MA, PhD York (Toronto) Research interests: Laboureconomics, health economics andthe labour supply of women

MCGUINNESS, SEAMUS: BSc(Econ), MSc Queen’s, PhD BelfastResearch interests: Economic returnsto schooling, firm-level impacts ofskill shortages, low pay, job insecurity

OGUZOGLU, UMUT: MA, PhDGuelphResearch Interests: Dynamic panel data models, spatial panels,empirical likelihood.

PALANGKARAYA, ALFONS: BScUMo, MA Penn St, PhD Ore StResearch interests: Industrialorganisation, health economics,econometrics.

SCUTELLA, ROSANNA: BCom(Hons), PhD Research interests: Poverty,inequality and social welfare

SMITH, PENELOPE: BEc (Hons)UWA, MCom PhDResearch interests: Business cycles,open economy macroeconomics,applied econometrics.

SONG, LEI LEI: BA EChina, MScWuhan, MEc W’gong PhDResearch interests: Appliedmacroeconomics, exchange rateeconomics, the Chinese economy.



TSENG, YI-PING: BEc Taiwan, PhDANUResearch interests: Laboureconomics, applied microecono-metrics, economic and social policy.

VAN DYKE, NINA: BA Stanford, MA, PhD UCalifResearch interests: Health,education, disadvantaged and at-risk youth, public opinion.

WATSON, NICOLE: BSc UWA,GradDipMgtSc Canb, MMedStatNewcastlePosition: Survey Manager HILDA

WITT, JULIA: BA (Hons) Toronto, MA, PhD GuelphResearch Interests: Healtheconomics, microeconomics.

Research Officers

AGIUS, PAUL: BA GradDipSocLaTrobe, MSc (Applied Stats) Swin Position: HILDA Database SupportOfficer

BLACK, DAVID: BCom (Hons)Research interests: Laboureconomics, government policy,applied econometrics.

GHANTOUS, SUZAN: BCom, BEc(Hons) Monash, MCom Research interests: Laboureconomics

VAN ZIJLL DE JONG, MARK: BCom(Hons) LincolnResearch interests: Labour marketsand social economics

VU, THI HONG HA: BEc Newcastle(Hons), ANUResearch interests:Macroeconomics, appliedeconometrics, social policies andwelfare economics.

WARREN, DIANA: BCom, MCom(Hons) W’gongResearch interests: Laboureconomics, mature age labour forceand the transition to retirement.

Research Assistant

WARE, KERRY

Professional Staff

DERHAM, RACHEL: BScPosition: Business Manager

A’BELL, LAURAPosition: Communications andPublicity Manager

BEST, MICHELLE: BEnvSc LaTrobePosition: Administrative Assistant

BOWDEN, CHRIS: BA/BSc Monash,MCom DeakinPosition: Finance Officer

HOPE, PENELOPE: BA LaTrobePosition: Functions Manager

LENTINI, NELLIE: BA MonashPosition: Publications Manager

LIEW, WOEI TIAN: BSc, MScLaTrobe GradDipEcPosition: Computing Systems Officer

MOORE, PHILIPPA: BA (Hons) UTasPosition: Administrative Assistant –HILDA Survey

WILSON, MICHELLE: BA (Hons) Position: Administrative Assistant

Adjunct Professors

BORLAND, JEFF: MA, PhD YaleFASSAHead, Department of Economics,The University of MelbourneResearch interests: Operation of labour markets in Australia,theories of labour markets activity,economics of sport.

CREEDY, JOHN: BSc (Eco with Stats)Brist, BPhil (Eco) Oxf, FASSATruby Williams Chair of Economics,Department of Economics, The University of MelbourneResearch interests: Incomedistribution, public economics, labour economics, history ofeconomic analysis.

GRIFFITHS, BILL: BAgEc (Hons)UNE, PhD Illinois, FASSAProfessor of Econometrics,Department of Economics, The University of MelbourneResearch Interests: Markov chainmonte carlo techniques, imposinginequality constraints in systems of equations, finite sample inferencefor nonlinear functions of parameters,and model selection.

SAMSON, DANNY: BEc, PhD UNSWDepartment of Management, The University of MelbourneResearch interests: Operationsmanagement, businesscompetitiveness, strategy and e-commerce.


CHAPMAN, BRUCE: BEc (Hons)ANU, PhD YaleProfessor of Economics and Directorof the Centre for Economic PolicyResearch, RSSS, The AustralianNational UniversityResearch interests: Laboureconomics, the economics ofeducation, applied econometrics,industrial relations and economicpolicy issues.

DRAGO, ROBERT: BS Tulsa, MA,PhD Mass/AmProfessor of Labour Studies andWomen’s Studies, PennsylvaniaState UniversityResearch interests: Economics of work and family.

DUNCAN, ALAN: BA (Hons) Manc,DPhil YorkProfessor of Microeconomics, School of Economics, University of NottinghamResearch interests: Welfare program evaluation, analysis of workincentives, static and behavioural taxmicrosimulation, econometric modelsof labour supply, and labour marketand welfare program participation.

KELLEY, JONATHAN: BA Camb, PhDBerkeleyDirector, International Survey Project,The Australian National UniversityResearch interests: Quantitativesociology and social economics.

SCHEDVIN, BORIS: BEc, PhD Syd,FASSAResearch interests: Economic history with particular interests in the transformation of the Australianeconomy and of Australian economicand scientific institutions during thecourse of the twentieth century.

WILLIAMS, ROSS: BCom, MScEc,PhD Lond, FASSAResearch interests: Economics ofeducation, household consumptionand saving, federal state finance, andthe allocation of time by households.

Principal Fellows

BOEHM, ERNST: AUA BEc (Hons),MEc Adel, MCom, DPhil OxfResearch interests: The measure-ment and dating of the businesscycle, and the economic history ofAustralia.



MARKS, GARY: BSc (Hons), MSc,PhD QldResearch interests: The youth labour market; unemployment,earnings, pathways to full-time work; and education/early schoolleaving, achievement in literacy and numeracy, and educationalparticipation.

SHIELDS, MICHAEL: BA (Hons),Stafford, MSc Health UNY, PhD LeicAssociate Professor and Reader,Department of Economics, TheUniversity of MelbourneResearch Interests: Economics ofimmigration, economics of labourmarket discrimination, labour marketfor medical professions.

Senior Fellows

DOIRON, DENISE: BA Monc, MA,PhD UBCSenior Lecturer, University of NewSouth WalesResearch interests: Industrialrelations and bargaining theory,labour economics and labour andsocial policy.

EVANS, MARIAH: BA Reed MA, PhD ChicagoResearch interests: Poverty,inequality, attitudes to welfare, family issues, ageing and retirement,social capital, labour market and work issues.

ROGERS, MARK: BSc Lond, MScWarw, PhD ANUTutor in Economics andManagement, Harris ManchesterCollege, Oxford UniversityResearch interests: Economic growthand industrial organisation with aparticular focus being on firm-levelperformance using Australian data.

Faculty Secretariat

General Manager

DIXON, SUZANNE: BCom, DipEdHawthorn Institute, MBA VUT (till Sept 2006)

LOI, AILEEN: BCom, MIB NZ,Chartered Accountant (ICANZ) (from Oct 2006)

Director, Graduate School

YOUNG, BROOKE: BA LaTrobe,PGradDip (Art Cur St)(from Nov 2006)

Professional Staff

AIR, ALISTER: BAppSc UTSPosition: Faculty IT Manager

AYRES, ANDREW: BEng (SoftwareEng)Position: Desktop Support Officer

AVRAMOPOULOS, KRISPosition: Desktop Support Officer

BANKI, JACQUELINE: DipAdvMgmt(Prof Writing), BA MonashPosition: Executive Officer(Marketing)

BANYASZ, AGNES: MA, DipEd ELTEBudapest, GradDip (Careers) DeakinPosition: Manager, Graduate CareersCentre

BELFORD, DOUG: BAppSc SwinPosition: IT Security and ComplianceManager

BENJAMIN, GLYN: BDigSys (CompSci), MIT, MonashPosition: Desktop Support Officer

BENETTI-HILLE, MARIKA: BA BLawsMonash, BSocialWork MelbPosition: Student Experience Officer,Undergraduate

BIRD, VENETIAPosition: Applications Developer

CHANG, NOOI: BA (Hons) Malaya,MEPA MonashPosition: Manager (International)

CHOONG, EDDIE: BBusStud VU CPAPosition: Manager (Taiwan, The GulfStates, Vietnam, The Philippines,Mauritius, China)

COLLIS, STEPHENPosition: Manager, Graduate School

CORNISH, SARAH: BAppSc(Disability Studies) DeakinPosition: Team Leader,Undergraduate

CLARENCE, WAYNEPosition: Desktop Support Officer

COX, CHANTELLE: BA RMIT, MT(Web and Internet Computing) RMITPosition: Web Developer

DO, NGHIA: BElectEng RMITPosition: Computer Systems Officer

EDWARDS, LARISA: BBus SwinPosition: Study Abroad and ExchangeCoordinator (incoming)

ELLIOTT, EUFEMIA: BA/BComPosition: Internship Coordinator

ELLIS, TRACY: BA (Lit&Soc) SUTPosition: Academic ProgramsManager (MBIT)

FARRELL, CHRISTOPHER: BALaTrobePosition: Student Adviser

FITZGERALD, GERALDINE: BA(Hum&SocSci) LaTrobePosition: Student Liaison Officer(Undergraduate)

FOX, GENEVIEVE Position: Service Desk Manager

GEORGESZ, MARK: BEc LaTrobe,MAppCom (Marketing) Position: Executive Officer(Resources)

GILLEARD, RACHEL: BAPosition: Executive Officer(Undergraduate)

HAMILTON, AMANDA: BA DeakinPosition: Academic Programs Officer(Economics, Finance andManagement Programs)

HANSON, BRAD: BA Monash,GradDipMktg, MBus (Mktg) RMIT,CPMPosition: Manager, Marketing andCommunications

HARPER, CLARE: MA Nottingham,BA (Hons) HullPosition: Manager, MarketingOnshore

HASHINAKA, MAYSAYOSHI: BASophia, MA (Japanese Interpreting and Translation) Monash, PGradDipEd Position: Admissions Assistant(Graduate School)

HERCZEG, MARGARET: BCom(Writing and Contemp Cultures), USPosition: Admissions Officer(Graduate School)

HILL, ADRIAN: CertBasicElect,CertIVCompSys, DipCompSys,MCSEPosition: Core Services Specialist



HOARE, JACQUELINE MICHELLEBCom (Management) Position: Marketing andCommunications Officer

JENKINS, ALISON: BA, BEd Deakin,BA (Hons)Position: Academic ProgramsManager (MBIT)

JENZEN, RACHEL: BA (Hons), MA Position: Academic ProgramsManager

JOSE, SABINAPosition: Academic ProgramsManager, Master of AppliedCommerce Programs

JOVANOVSKI, SOKOLAPosition: Administrative Officer(International)

KARIBIAN, ROCIO: BBusAdminUniversidad San Antonio Abad,Cusco-Peru, Translating andInterpreting CertificateSpanish/English, RMITPosition: Manager (Europe, LatinAmerica, Thailand)

KARTALIS, BILL: BBus, VUTPosition: Core Services Manager

KWOK, TRACY: BBus Swin, CPAPosition: Executive Officer (Finance)

LASCELLES, SCOTT ANDREW:BBus (Hospitality Management),LaTrobePosition: Academic Programs Officer(Master of Applied CommercePrograms)

LAUGHLIN, KYLIE: BA (Criminology)PGradDip in Arts (Criminology) Position: Student Liaison Officer(Undergraduate)

LLOYD, AMANDA: BBus(Information Systems) VUTPosition: Client Services Manager

LOWE, MELISSA: DipSocSci(Community/Development) KanganBatman TAFE, Certificate inWorkplace Training and AssessmentACTU, Dip Business (FrontlineManagement) RMIT Position: Transition Coordinator

MAJCZAK, DANIEL: DipHospMgmt,William AnglissPosition: Computer LaboratoryManager

McCORMICK, CHRISSYPosition: Administrative Assistant(Marketing and Communications)

MCPHARLIN, SUSAN: BA, BComAdelPosition: Manager, MarketingOnshore

MONG, CATHERINE: BBusAdminSingapore, GradDipSoftwDev RMITPosition: Academic Programs Officer (Undergraduate)

MORTON, HEIDI: BA (Hons) Tas,MComPosition: Academic Programs Officer, MBIT

MUIR, SUE: BEd, SouthernQueensland, GradCert TESOL, New England, NSWPosition: Student Adviser,Undergraduate

NACLI, ROSA: BSc (Sociology)LaTrobePosition: Student Adviser,Undergraduate

NGUYEN, THU Position: Desktop Support Officer

NGUYEN, TRUMAN: BComSc,MCSE, CCNAPosition: Systems Administrator

NGUYEN, TRUNG: BAppSc FIT, MSc VUTPosition: Systems Support Officer

ORTEGA, FRANKPosition: Core Services Specialist

PECORARO, FRANCESCA: BA(Media Studies) RMITPosition: Manager (Undergraduate)

PELUSO, DANIEL: BBus (InfoSystems) VUTPosition: Core Services Specialist

PHAM, MAGGIE: BBus VUTPosition: Service Desk Manager

PHAM, QUYNH BSc, GradDipEcStMonashPosition: Systems Support Officer

PHAN, VAN: BCompSci VUPosition: Applications Developer

PRIESTLEY, CHRISTINE: BAPosition: Course Adviser,Undergraduate

QIN, ROSY: BCom (Accounting and Finance), DipEdPosition: Finance and ResourcesOfficer

RANDALL, JACQUELINE: BA,GradDipMedStud DeakinPosition: Manager (Research)

REIGER, MAXINE:Position: Core Services Officer

RITTER, ANNE: BSc,GradDipCompSci La TrobePosition: Research DatabaseAdministrator

ROBERTSON, KATIE: DipSocSci(Justice), DipAppSc Box Hill InstPosition: Course Adviser(Undergraduate)

RODRIGUEZ, FERNANDO: DipIT,Box Hill TAFE, MCPPosition: Desktop Support Officer

RYCROFT, ANNA: BA VUPosition: Finance and ResourcesOfficer

SERPELL, ELIZABETH Position: Executive Assistant to the General Manager and Director (Graduate School)

SHARMA, SANJAY: MSc India,PGradDipCompSysEng RMITPosition: Application ServicesManager

SHEARS, MONIQUEPosition: Student Support Officer,Undergraduate



SHEPHERD, ALISTAIR: BA (Hons),MA, MA (Communication) RMIT Position: Executive Officer(Postgraduate Marketing)

SIVATHASH, BALA: MSc (UK), BEng India, MCSEPosition: Systems Support Officer

STANGER, AMANDA: BBusMgmt,QUTPosition: Alumni AdvancementOfficer

TAN, MICHAELPosition: Porter

TEMPLETON, HETTYPosition: Trainee Support Officer

TINWORTH, KOBYPosition: Executive Assistant to theGeneral Manager and AssociateDean (Academic Programs)

TRAJCEVSKA, VESNAPosition: Academic ProgramsAssistant (Master of AppliedCommerce Programs)

TRUONG, LINH: BE, BScPosition: Core Services Specialist

VASSILEV, SPASSIMIRPosition: Systems Support Officer

VELLU, PHYLLIS: MA IndiaPosition: Executive Assistant to theDean

WHITE, SAM: CertSmallBusMgmtGlenormistonPosition: Enquiries Officer (GraduateSchool)

WILKINS, BRONYA: BA Victoria NZPosition: Career Programs Officer

WONG, BILLY:Position: Systems Support Officer

Teaching and Learning Unit

DEVLIN, MARCIA: BA ANU, DipEdLa Trobe, GradDipAppPsych SUT,MEd MacquarieAssociate Professor, The University of Melbourne Position: Director

ANDONOV, PAUL: BInfoSci,DipComp VUT Position: Manager Multimedia

BEECHAM, ROD: BA Monash, MLitt Oxford, MInfSys SUT Position: Learning Advisor

CIANNON, CAZALY: BA Position: Research Assistant

DAVIES, MARTIN: BA Deakin, RSA CELTA Cambridge, BA, PhDFlinders, GradDipEd, PhD Adel Position: Senior Lecturer in HigherEducation

JONES, ANNA: BA, DipEd,GradDip(TESOL), MEd Position: Lecturer in Higher Education

LEVER, REBECCA: BA Griffith,GradDipBusAd Glasgow Position: Programs and PublicationsCoordinator

LOWE, MELISSAPosition: Transition Coordinator

MORRIS, GAYLE: BA, GradDip(Post-secondary Education)Edmonton, MEd Glasgow, PhD Position: Lecturer in Higher Education

PESINA, JENNY: BDesign(Multimedia) SUT Position: Multimedia Developer

PUGLIELLI, SONIAPosition: Executive Assistant

SHAW, JENNIFER: DipIT Chisholm Position: Multimedia AdministrativeAssistant

WAECHTER, TREVOR: BEng, BSc,MSc Adel, PhD Cambridge Position: Learning Advisor

XUE, JUNYING (JUNE): BSc,DipInfoTech Holmesglen Position: Web Developer

Giblin Economics and

Commerce Library Staff

CAELLI, LESLEY: BA Ballarat,GradDipInfoMgmt, MIMS MonashPosition: Information Consultant

CLARKE, OWENPosition: Library Assistant

JONES, GREGPosition: Library Assistant

ROCCHI, BARBARA : BAppSci,CurtinPosition: Information Librarian

WILSON, TRISH: BA Canterbury, NZ,DipLIS Victoria University WellingtonPosition: Team Leader, IALS –Education, Economics andCommerce, Law



Publication disclaimer: The University has used its best endeavoursto ensure the material contained in this publication was correct atthe time of printing. The University gives no warranty and acceptsno responsibility for the accuracy or completeness of informationand the University reserves the right to make changes withoutnotice at any time in its absolute discretion. Users of this publicationare advised to reconcile the accuracy and currency of theinformation provided with the relevant faculty or department of theUniversity before acting upon or in consideration of the information.Copyright in this publication is owned by the University and no partof it may be reproduced without the permission of the University.Authorised by the General ManagerPublished by the Faculty of Economics and Commerce, April 2007© The University of Melbourne

CONTACT THE FACULTY

Mailing address: The Faculty of Economics and Commerce

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Telephone: + 61 (03) 8344 5317

Facsimile: + 61 (03) 9347 3986

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Internet: www.ecom.unimelb.edu.au


Documents

2006 Annual Report FBE