In the News
While men currently exhibit a higher level of investment knowledge, it’s been outweighed by the women’s emotional advantages when it comes to investment management. This article in Forbes offers some options that men can consider to avoid the effect of “testosterone overload” when it comes to investment management. Professor Barber’s research is cited.
If you think you and your office colleagues are far removed from the deviant behavior of the cheating, dope-using Tour de France cyclists, you might want to think again.
A new study by Professor Don Palmer found that those elite cyclists using performance-enhancing drugs are not unlike Wall Street traders who cheat. Both types of cheaters do so “because of extreme pressure to perform,” according to a news release.
Professor Robert Smiley is surveying dozens of wine CEOs about their growth strategies and says many are looking to emerging markets in Asia because of those countries’ growing middle class, as well as millennials aged 21 to 35.
In a major reorganization of the company, Microsoft now has four women in its top 14 executive positions. This is a strong deviation from the standard in the tech industry which has a dismal record in this area. The UC Davis Study of California Women Business Leaders is cited.
International and domestic crude oil prices narrowed the price gap to less than $5 last week, but many analysts predict that growing domestic production will cause the gap to widen again by the end of the year. “Even if we have this temporary narrowing because of new pipelines coming on, the long term trend is that that gap will widen,” said Amy Myers Jaffe, executive director for energy and sustainability at UC Davis.
Parents these days name their babies Jacob or Isabella instead of John or Mary for similar reasons that people decades ago bought cars with tailfins instead of Edsels — because they are fashionable, according to a new University of California, Davis, study.
Hema Yoganarasimhan, an assistant professor and marketing expert in the UC Davis Graduate School of Management, reviewed favored baby name cycles since 1940 and has made some interesting discoveries when it comes to baby-name trends.
According to a new report, the Texas A&M University System chancellor’s annual review takes place behind closed doors and without written records made available to the public. Kimberly Elsbach, UC Davis associate professor of management, said private evaluations allow regents to be frank in their impressions, but could also lead to people misunderstanding the process.
Improved Crude Transportation Reduces Price Spread
More infrastructure helps reduce spread between West Texas, Brent crude
Increased rail transport and more pipeline infrastructure are narrowing the gap between international and domestic oil prices. Amy Myers Jaffe, executive director for energy and sustainability at UC Davis, says new pipelines and other transportation modes help alleviate “giant price aberrations.”
UC Davis Graduate School of Management Professor Kimberly Elsbach is quoted in a story about how unspoken behaviors can have a big impact on negotiations.
President Obama defined the criteria this week for the proposed Keystone XL pipeline that would carry heavy crude from Alberta, Canada, to American refineries, and must not “significantly” worsen global warming. Amy Myers Jaffe, executive director for energy and sustainability at UC Davis, says there is a huge amount at stake for the oil companies who will have to develop cleaner technologies.
Fatherly financial wisdom: Most of us gleaned a few valuable nuggets from our dads while growing up.
In fact, 33 percent of people said their main source of guidance on money matters was from “my parents or at home,” according to a recent financial literacy survey by the National Foundation for Credit Counseling.
Carl Schramm — banker, author, educator and former CEO of the Ewing Marion Kauffman Foundation — is the commencement speaker Saturday for the 2013 graduating class of the Graduate School of Management at the University of California Davis.
“Our students and entire community have benefited greatly from Carl Schramm’s teaching, thought leadership and expertise,” said Steven Currall, dean of the UC Davis Graduate School of Management, in a news release. At the commencement, “Carl is poised to share a powerful and inspiring message.”
While U.S. oil production has increased sharply in the last five years, crude from Saudi Arabia still influences global prices and will for some time, panelists said Wednesday at a forum on energy markets.
The international oil market still depends heavily on Middle East oil exports, and a sudden disruption to its supply in Saudi Arabia would have broad implications for the U.S., said Amy Myers Jaffe, executive director of energy and sustainability at the University of California at Davis.
Baked into most stories of technology revolutions is the misconception that new technologies disrupt older ones because of some distinctive advantage. Sometimes it’s just the opposite, according to UC Davis Graduate School of Management Professor Andrew Hargadon as part his series for Capital Public Radio.
Professor Kim Elsbach says accomplishing big change is always difficult. One key part is “treating people with respect and dignity during the process of change,” she said, “using respectful language, not making insensitive comments. If those things are followed, any big change is going to be more successful.”
Associate Professor Ayako Yasuda shares the pros and cons of when an entrepreneur should or shouldn’t seek venture capital financing.
OPEC has lost power as oil production booms in other countries, particularly in the U.S. “They’ve basically already shot themselves in the foot,” says Amy Myers Jaffe, UC Davis executive director of energy and sustainability, who explains how OPEC spurred the U.S. to find its own oil.
It’s Mutual, We Don’t Like Hidden Fund Expenses: Professor Roger Edelen’s research shows that antsy fund managers trading holdings run up hidden costs that are higher than the funds’ declared expenses and have a significant negative impact on returns. Another good reason to stick with index investments.
Graham Ryland is passionate about creating robots that inspire young people to pursue careers in engineering and science. He focused on modular robotics for his graduate work at UC Davis, and was bitten by the entrepreneurship bug at the UC Entrepreneurship Academy in 2008—an early experience with the Child Family Institute for Innovation and Entrepreneurship that has deepened into a rewarding relationship. In 2010 Ryland founded Barobo Inc., an educational robotics start-up, with his faculty advisor, College of Engineering Professor Harry Cheng.
Exxon Mobil has been accused of discrimination against gay, lesbian and transgender workers, Amy Myers Jaffe, executive director for energy and sustainability at UC Davis, says Exxon is mistaken to think its current stance will not be harmful to its company in the long term.