FIU Business Now Magazine
 
THE MAGAZINE OF FLORIDA INTERNATIONAL UNIVERSITY'S COLLEGE OF BUSINESS
 
FIU Business faculty share insight with the media 

Slate – February 8, 2023
In a story about how some artificial intelligence tools struggle to create older couples of color, until you add the word “poor,” Manjul Gupta, assistant professor of information systems and business analytics, explained that biases could result from the training given to the art generators. If it “contains some intrinsic biases in it that the creators of these A.I. tools failed to identify and isolate in the early stage of product development, the product will likely produce biased results,” he said.

"If it contains some intrinsic biases in it that the creators of these A.I. tools failed to identify and isolate in the early stage of product development, the product will likely produce biased results."

– Manjul Gupta, Assistant Professor, Information Systems and Business Analytics

Americano Media – January 31, 2023
In a radio news program examining financial topics, geopolitical issues and international strategy, international business professor Edgardo Pappacena discussed current interest rate increases and their impact on the U.S. economy, which point to the threat of a recession. “Overall, indicators of growth are optimistic, while in reality, they establish lower growth rates,” he said.

"Overall, indicators of growth are optimistic, while in reality, they establish lower growth rates."

– Edgardo Pappacena, Adjunct Professor, International Business

Globe St. – January 30, 2023
A story about housing affordability in markets nationwide and areas determined to be overvalued cited a report from FIU Business and Florida Atlantic University indicating six metropolitan areas in Florida are among the 10 most overvalued in the U.S. “Florida is a very difficult market to break into now unless you have a professional wage or the proceeds from a home sale in another state,” said Eli Beracha, director of the Hollo School of Real Estate.

"Florida is a very difficult market to break into now unless you have a professional wage or the proceeds from a home sale in another state."

– Eli Beracha, Director, Hollo School of Real Estate

South Florida Sun Sentinel – January 16, 2023
In a story about private companies’ possibilities of doing business in Cuba, professor of international business Jerry Haar explained that the Cuban government has yet to publish regulations for medium and small enterprises to receive direct investments and financing. Additionally, he noted, they do not allow correspondent banking relationships with international banks. “It’s a give-and-take relationship, where we give and they take,” he said.

"It’s a give-and-take relationship, where we give and they take."

– Jerry Haar, Professor, International Business

The Wall Street Journal – December 27, 2022
In a story about higher condo monthly fees from new state regulations on structural inspections and reserve funds, associate teaching professor of real estate Suzanne Hollander explained that condo associations often opt to waive their reserves year after year. She noted that the new law, which requires restoring reserves for components critical to structural soundness, might create a hardship for residents, especially those on fixed incomes. “This law is throwing a curveball to the retiree,” she added.

"This law is throwing a curveball to the retiree."

– Suzanne Hollander, Associate Teaching Professor, Real Estate

WPTV NBC 5 – December 12, 2022
In a story looking at "bossware" or "tattleware," when companies track their employees, possibly on work-issued phones or computers, Ravi Gajendran, associate professor of global leadership and management, noted that employees will feel like their privacy is being intruded on and that the organization doesn’t trust them. "No wonder, you know, people are quitting in droves,” he said.

Palm Beach Post – November 1, 2022
In an article about the month-long gas tax holiday in Florida, finance teaching professor Deanne Butchey noted that these aren’t as beneficial as others, like sales tax holidays, when big-ticket qualifying items such as computers or generators can return more pronounced savings. “One does not usually fill up one’s tank multiple times over a short period of time. So, the financial impact on the consumer is negligible, even though it may be a good ploy politically,” she said.

"So, the financial impact on the consumer is negligible, even though it may be a good ploy politically."

– Deanne Butchey, Teaching Professor, Finance

The Conversation – October 5, 2022
The big reason Florida insurance companies are failing isn’t just hurricane risk – it’s fraud and lawsuits, Shahid Hamid, professor of finance, wrote in an article. It’s partly fraud and partly taking advantage of loose regulation and court decisions that have affected insurance companies, he wrote. “We’ve seen about a dozen companies be declared insolvent or leave since early 2020.”

The Real Deal – September 6, 2022
In a story about developers purchasing closed university campuses amid a real estate boom, Dean William Hardin, a real estate expert, explained that many college campuses have become “functionally obsolete.” Over the past year and a half, developers have purchased three campuses in South Florida. “Distance education choices driven by technology … are the norm. Hence, they need to be repurposed,” he said.

"Distance education choices driven by technology … are the norm. Hence, they need to be repurposed."

– William Hardin, Dean