Newspapers that cut budgets in response to shrinking profits risk triggering a “suicide spiral,” according to a recent study. “The media industry’s recent impulse to slash jobs to cut costs is not only ineffective, it can lead to more red ink,” notes Professor Prasad Naik, who co-authored the study. Read the study online.
Stock prices dip about three percentage points immediately following the announcement of an auditor’s resignation, a study by Professor Paul Griffin shows. “A resignation seems to foreshadow an underlying message about changes in fundamentals, particularly future profitability and growth, Griffin says.” Read the study online.
After completing a rigorous four-year process, the NCAA certified UC Davis a Division I school. Professor Kim Elsbach, who chairs the athletic administrative advisory committee and serves as UC Davis’ faculty athletic representative to the NCAA, pointed to a recent study that showed the university’s student-athletes fare better than the rest of the student population in academic performance and graduation rates.
UPDATE: Andrew Barkett is leaving his post as senior engineer at Facebook to bring his decade of experience in Silicon Valley to become the first-ever chief technology officer for the Republican National Committee.The June 4 announcement has stirred a whirlwind of media coverage, including the Huffington Post and Washington Post.Bark
Agilent Technologies’ Electronic Measurement Group is a $3.6 billion business that over the past decade has seen a dramatic shift in its customer base from U.S., and Western European customers to predominantly Asia-based customers. Today, the majority of the division’s revenues are generated outside of the U.S., with an increasing concentration in China.
(Davis, CA) — The UC Davis Graduate School of Management’s full-time MBA program has been ranked among the top six percent of AACSB International-accredited programs nationwide, according to U.S. News & World Report’s latest graduate business school rankings released today.