Profs. Carney and Morse Win Schwabacher Fellowships

Profs. Carney and Morse Win Schwabacher Fellowships

Assistant Professors Dana Carney (left) and Adair Morse (right) have been awarded Schwabacher Fellowships by the Haas Executive Committee, a panel that includes the dean and senior faculty.

The fellowship is the highest honor that Haas bestows upon assistant professors. It consists of a small unrestricted cash award, a research grant, and a modest instructional point credit.

Carney, a member of the Haas Management and Organizations Group, joined Berkeley-Haas from Columbia in 2010. She has produced a significant body of research focused on nonverbal behavior, power, and cognitive bias—all areas of great interest in the field of organizational behavior. She has won numerous awards, including the highly prestigious NSF CAREER Award in Social Psychology, and has obtained multiple grants from national funding agencies.

Carney's published research—four papers in 2011-2012 alone—has already had a substantial impact on the field and has received media attention from such outlets as the New York Times, Businessweek, Entrepreneur magazine, and the Today Show.

Carney most recently taught the undergraduate Introduction to Organizational Behavior course last fall. She also taught Creating Effective Organizations in the Berkeley-Columbia Executive MBA Program.

Morse, a visiting professor in the Haas Finance Group, has focused her research on household finance, entrepreneurship, corruption and governance, asset management, and development. She most recently won the Brattle Prize in January for outstanding papers in the field of corporate finance published in the Journal of Finance. The state of Texas implemented disclosure rules outlined by Morse and her co-author in their winning paper, which showed that disclosing more information on the accumulation of fees over time from using payday loans impacts borrowing decisions.

A working paper titled "Activist Investors and Performance in Private Equity Funds" won the Commonfund Best Paper Relevant to Endowment and Foundation Asset Management at the European Finance Association meetings. Her papers also have been cited in the financial press, including the Wall Street Journal and The Economist. Morse is teaching the MBA course Global Entrepreneurial Finance this semester.

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