CIMA funds new university research.

PositionUpdate

CIMA has awarded research grants of more than [pounds sterling] 90, 000 to four universities.

Middlesex University Business School, the University of Loughborough and the University of Portsmouth from the UK - along with the Vletick Leuven Gent Management School in Belgium-will use the money to study management performance and help companies around the world to improve in this area and avoid some of the financial pitfalls of the past 20 years.

Naomi Smith, R&D manager at CIMA, said: "The past 20 years have seen corporate scandals, the dot-com bubble and the sub-prime debt crisis and these have shifted the role of...

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