In this study, Associate Professor Roger Edelen and co-authors Alan J. Marcus and Hassan Tehranian from Boston College measured retail investor sentiment relative to that of institutional investors by comparing their respective portfolio allocations to equity versus cash and fixed-income securities. The results suggest that fluctuations in retail sentiment are a primary driver of equity valuations for reasons unrelated to fundamentals.
Research in biometrics suggests that the time period a specific trait is monitored over (i.e. observing speech or handwriting “long enough”) is useful for identification. Focusing on this aspect, this paper by Assistant Professor Catherine Yang and co-author Balaji Padmanabhan from the University of South Florida presents a data mining analysis of the effect of observation time period on user identification based on online user behavior.
This study, by Professor Paul Griffin and co-authors David H. Lont from the University of Otago and Yuan Sun from UC Berkeley, finds that the agency problems of companies with high free cash flow (FCF) and low growth opportunities induce auditors of companies in the United States to raise audit fees to compensate for the additional effort. They also find that high FCF companies with high growth prospects have higher audit fees.
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.