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'greediness in big business' - university of pennsylvania short answer


college_seeker 5 / 6  
Jan 7, 2009   #1
Prompt: Penn offers its undergraduates an eminent faculty and a wealth of research opportunities. Use the space below to name a Penn professor with whom you would like to study or conduct research and explain why. (It is not our expectation that you contact faculty directly to answer this question.)

I would like to conduct research with Dr. John E. Core, Professor of Accounting at the University of Pennsylvania. I believe that I will be able to work together with him for a number of reasons. Dr. Core received his PhD from Wharton in 1995. I see this as a benefit because he will know how to fully take advantage of the extensive research opportunities at Wharton to a degree where other Wharton professors probably could not because he has experience as a Wharton graduate student. I am also extremely interested in his research areas, particularly executive compensation and corporate governance. I have recently gained an interest in these specific research areas due to the recent events with regards to the government bailout of AIG. When I learned that the executives at AIG were taking extravagant trips not long after the federal government bailed them out with taxpayer money, I became indignant at the fact that the average American taxpayer had to pay additional taxes just so the executives at AIG could take a prodigal vacation. If corporate governance were improved, then this most likely would never have been allowed to happen. This kind of behavior speaks volumes to the amount of greediness that exists in big business. The research areas of corporate governance and executive compensation are more important now than they have been in quite a while, due to the current economic crisis. This area of research affects me on a personal level as well. I come from a middle-class family, so any money that they pay through taxes that isn't utilized properly only negatively impacts me, especially if taxes are increased in order to pay for it. I would appreciate learning more about these concepts so I can position myself in the future to demand reforms in the areas of executive compensation and corporate governance. I feel that I can successfully work together with Dr. Core because of the passion that I have in these areas of research.
EF_Sean 6 / 3,491  
Jan 7, 2009   #2
This essay seems to focus more on your own view of the recent economic turmoil than on Dr. Core's research. I'd suggest that you find out a bit more about what exactly Dr. Core has been researching, then talk about which elements of his research, specifically, you would like to work with him on. A few other things:

"I will be able to work together with him "

"Dr. Core received his PhD from Wharton in 1995. I see this as a benefit because he will know how to fully take advantage of the extensive research opportunities at Wharton to a degree where other Wharton professors probably could not because he has experience as a Wharton graduate student." This seems trivial and not worth mentioning.

"I have recently gained an interest in these specific research areas due to the recent events with regards to the government bailout of AIG."


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