Notables

Kay Walkingstick, professor of art, has won the 2003 Distinguished Artist Award from the Eiteljorg Museum of American Indians and Western Art in Indianapolis. The most prestigious award for visual art made by indigenous people of the United States, the award comes with an unrestricted biennial prize of $20,000. Walkingstick, a Cherokee, has been a faculty member in the Department of Art in Cornell's College of Architecture, Art and Planning since 1992. Her paintings and drawings are suffused with vibrant color and often involve the pairing of images drawn from nature with abstract symbols derived from Native American sources, reflecting both her heritage and her engagement with contemporary mainstream art, said Buzz Spector, chair of the art department. As part of the award, Walkingstick's work is on exhibit at Eiteljorg Museum through Feb. 1, 2004. Her art is discussed in a scholarly essay in the exhibition's catalog, which is available through http://www.WhiteRiverTrader.com or by calling (800) 878-7978. The museum also will purchase some of her work for its permanent collection.

Charles Lee, professor of accounting and finance and director of the Johnson Graduate School of Management's Parker Center for Investment Research, has been awarded the 2003 Moskowitz Prize for the nation's best quantitative study of socially responsible investing. Lee's winning paper, "Corruption and International Valuation: Does Virtue Pay?" investigates the relationship between corruption -- specifically the misuse of public office for private gains -- and international corporate values. His findings show that firms from more-corrupt countries trade at significantly lower market multiples, with economic consequences for shareholder value. The Moskowitz Award comes with a $2,500 cash prize and is awarded annually by the Social Investment Forum, a nonprofit organization in Washington, D.C., that promotes socially responsible investing. The recipient of numerous honors for teaching and research, Lee is the Henrietta Johnson Louis Professor of Management. On the Cornell faculty since 1996, Lee has research interests that encompass security valuation, financial statement analysis, behavioral finance and market microstructure. Much of his work has explored the effect of human cognitive constraints on market participants and the information efficiency of stock markets.

Lisa M. Shaffer has been appointed director of graduate programs at the School of Hotel Administration, effective Aug. 11, 2003. She administers of the school's AACSB-accredited Master of Management and Hospitality (MMH) program as well as the doctoral program and oversees student services and career management for graduate students in conjunction with the school's Career Services Office. Shaffer comes to the Hotel School from Indiana University-South Bend, where she was the acting dean of enrollment management. She holds both an M.A. and a Ph.D. in political science from Purdue University and a B.A. in political science from Indiana University-South Bend. She brings nine years of administrative experience to her new position. "Lisa is both a strategic thinker and an excellent implementer, and she understands the importance of quality research and will play a key role as we continue to refine our MMH and Ph.D. programs," said Leo M. Renaghan, associate dean for academic affairs at the Hotel School. The Hotel School was the first institution of its kind to offer a two-year, full-time graduate management program in hospitality.