Terrence Guay
Clinical Professor of International Business, Associate Dean, Director of Center for Global Business Studies
Department Risk Management
Office Address 324 Business Building
Phone Number
814-865-8490
Email Address
trg12@psu.edu
Terrence Guay
Clinical Professor of International Business, Associate Dean, Director of Center for Global Business Studies
Department Risk Management
Office Address 324 Business Building
Phone Number
814-865-8490
Email Address
trg12@psu.edu
Professor Terrence Guay joined the Smeal College of Business in 2004. Previously, he was a faculty member in the School of International Service at American University and the Maxwell School of Syracuse University. He served for six years as the Graduate Director of the Maxwell School's International Relations Program. He also was a Regional Visiting Fellow at Cornell University's Institute for European Studies, and a Regional Advisory Board Member for the European Union Center and the Center for West European Studies at the University of Pittsburgh. At Smeal, Professor Guay teaches Global Perspectives, International Business and National Policies, Business Environment of Europe, and Contemporary Issues in International Business. Prior to earning his Ph.D., Professor Guay completed the National Bank of Detroit's Commercial Loan Officer Training Program and worked as an Assistant Loan Officer.
Expertise
Professor Guay's research focuses on the competition between governments, international organizations, NGOs, and other non-state actors to shape business behavior and the international business environment. He has published or co-authored seven books and over 25 journal articles and book chapters on: the effects of government policies on the global defense industry; cooperation and competition in transatlantic economic relations; the impact of economic sanctions on international business; NGOs and corporate codes of conduct; corporate social responsibility; and corporate political strategy.
Education
Ph D, Political Science, Syracuse University, 1996
MA, International Relations, Syracuse University, 1992
MBA, International Business and Finance, Ohio State University, 1989
BS, Industrial Distribution, Clarkson University, 1987
Courses Taught
IB 404 – Contemp Issues I B (3)
Investigation of issues in international business practice interpreted from the foundations of the social sciences. Topics will be chosen from contemporary issues in global business and economics. I B 404 Contemporary Issues in International Business (3) I B 404 enables students to study the most current topics in international and global business from the framework of the social science issues that form the framework for understanding, business decisions. The course provides structured experiences in library research and data gathering, techniques, and builds the habit of reading the international business press daily and analyzing it weekly. The class is typically organized around 3 integrative business topics that represent a spectrum of questions important to business. These include questions about finance and economics in international business, questions about people and organizations in an international environment, and questions about products (development, production, distribution of goods and services) in international business contexts. This is not an introductory course, and as such, the topics chosen should be substantive and nuanced. For example, one topic might be how the structure of franchises must be modified to reflect the property rights in a particular country, and how those property rights laws impact the value of the franchise. The second topic might be how the internationalization of the structure and role of Boards of Directors in multinational firms contribute to globalization, and challenge the cultural norms in those organizations The third topic might be how North American firms have been forced to adjust their product packaging, in response to environmental impact laws in Germany, and how this shifts the locus of the product message from point-of-purchase to alternative media.
BA 835 – Global Perspective (1)
An overview of the global business environment.
BA 836 – Global Immersion (1)
Exploration of the opportunities and the challenges of doing business in another economic region. B A 536 Global Immersion (2)Global Immersion is designed around a visit to another economic region. In the past. MBA students have visited such countries as Belgium, Brazil, Chile, China, Czech Republic, France, Ireland, Turkey, and Singapore. In each country, students visit both local and multinational businesses to understand how a business gets established and run in another country; students also meet with industry and government officials to get their perspectives on the economic policies of the country. Each Immersion is coordinated by a faculty leader who plans the visit so as to appeal to a wide range of student interests.
ECON 399 – Foreign Studies (3)
Courses offered in foreign countries by individual or group instruction.
IB 399 – Foreign Studies (3)
Courses offered in foreign countries by individual or group instruction.
IB 450 – Bus Env of Europe (3)
This course provides an overview of the economic, institutional, and regulatory environment in Europe at the EU and national levels.IB 450 The Business Environment of Europe (3) This course provides an overview of the business, economic, and regulatory environment in Europe at the European Union (EU) and national levels. The course examines how regional integration, through the EU, has shaped industrial, competition, monetary, and related economic policies, and how Europe's international trade and finance capabilities affect the global economy. As a result, a significant part of the course focuses on the evolution of the EU, its institutional structure, and its impact on business (both European and foreign). The course also compares business-government relations, models of capitalism, and corporate governance in individual European countries, using the United States as a basis of comparison. Particular attention is given to France, Germany, Ireland, and the United Kingdom, and how their business environments differ from each other.While the primary focus of this seminar will be on these themes, we will use articles from the Financial Times and similar publications as the basis of discussion in each class for a range of topics related to Europe. The approach taken in this course is a multidisciplinary one, with the assumption that business executives must understand the political, cultural, institutional, historical, and geographic aspects of Europe if they are to be successful in the business environment of Europe.Students are expected to be active participants in class discussion. Readings usually will include a textbook, readings packet, and a subscription to the Financial Times . Evaluation will be based on a combination of participation and attendance, exams, quizzes, a group project, and essay assignments.
IB 403 – I B and Natl Polcies (3)
Evaluation of national economic policies in the light of international economic theory; their impacts on operations of the international business firm. IB 403 International Business and National Policies (3) IB 403 integrates macro and micro analyses of the dynamics between international businesses/ multinational enterprises (MNES) and national Governments. Students who successfully complete IB 403 will acquire knowledge of and tools to understand, analyze and evaluate actions, theories and philosophies that influence home and host Government policies, the roles businesses play in shaping, these policies, and how policies and other factors shape competitive strategies of international business firms in the areas of trade, investment and other international economic activities. * Theories, Models and Policies - Country-based advantages Imperfect Competition, Barriers to Entry and Strategic Trade Policy * Competitive Analysis: Product Life Cycle and Porter Models * Integrating Market and Non-Market Strategy * Manipulating and Managing External Stakeholders Across Borders * Transitional Economies: Opportunities, Risks and Strategies * Strategies for Successful Foreign Direct Investment in China * Evaluating Opportunities and Risks in Global Industries * Privatization of Telecommunications * Economic Integration: the Case of Europe * Industrial Policy, Foreign Direct Investment and Economic Growth * Foreign Market Entry Strategies for Regulated Industries * Industrial Policy and International Competition * International Competition in Services Industries * Update on U.S. and EU policies in the Airline Industry and Impacts on Industry Structure and Firm Strategy.
BA 596 – Individual Studies (Variable)
BA 535 – Global Perspective (1)
FIN 555 – Global Finance (3)
I B 399 – Foreign Studies (3)
Courses offered in foreign countries by individual or group instruction.
B A 535 – Global Perspectives (1)
An overview of the global business environment.
I B 404 – Contemporary Issues in International Business (3)
Investigation of issues in international business practice interpreted from the foundations of the social sciences. Topics will be chosen from contemporary issues in global business and economics.
I B 403 – International Business and National Policies (3)
Evaluation of national economic policies in the light of international economic theory; their impacts on operations of the international business firm.
I B 450 – The Business Enviornment of Europe (3)
This course provides an overview of the economic, institutional, and regulatory environment in Europe at the EU and national levels.
B A 532 – Global Business Environment (1)
An introduction to worldwide economic trends and economic problems with an emphasis on how businesses cope with global business problems.
I B 494H – Honors Research Project (Variable)
Supervised honors student research projects identified on an individual or small-group basis.
B A 499 – Foreign Study--Business Administration (3)
Study in selected countries of business institutions, functions, and current business problems.
I B 403H – International Business and National Policies (3)
Evaluation of national economic policies in the light of international economic theory; their impacts on operations of the international business firm.
I B 496 – Independent Studies (variable)
Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.
I B 499 – Foreign Studies (3)
Courses offered in foreign countries by individual or group instruction.
I B 497A – Business Environment of Europe (3)
Using a multidisciplinary approach, this course provides an overview of the business, economic, and regulatory environment in Europe at the European Union and national levels.
I B 296 – Independent Studies (variable)
Creative projects, including research and design, which are supervised on an individual basis and which fall outside the scope of formal courses.
Selected Publications
Special Issue on Corporate Social Responsibility: Strategic Implications
Lead Article
Book is the eighth in a series on modern Europe by the University Association for Contemporary European Studies (UACES)