In the News
This article profiles the revamped UC Davis MBA IMPACT curriculum, the result of a 10-month soul-searching by a faculty task force that asked alumni, current students and businesses the likes of Agilent Technologies Inc. and Intel Corp. what they wanted in new hires.
This article profiles Professor Kimberley Elsbach, and charts her circuitous route into the academic world. “My father was a professor in the medical school at the University of South Dakota, so I grew up in a college town, kind of like Davis only smaller, and I really was drawn to the lifestyle of an academic,” she said.
A new small-business accelerator is taking root in Davis with the goal of growing local firms and keeping them in the city. This article reports on Davis Roots, the nonprofit business accelerator recently founded by Professor Andrew Hargadon and local entrepreneur Anthony Costello.
Davis Roots, the UC Davis startup accelerator just opened this month, is already getting attention and partners. This article in the Sacramento Business Journal reports on the new organization, founded by Professor Andrew Hargadon and local entrepreneur Anthony Costello, and the companies newly on board.
The bond between the Davis business community and UC Davis got a bit stronger this week. This article reports on Davis Roots, a nonprofit business accelerator, recently co-founded by Professor Andrew Hargadon and local entrepreneur Anthony Costello to nurture startups and keep them in Davis.
Got desk? As companies seek to cut costs and accommodate an increasingly mobile work force, some employees have had to say goodbye to their personal work areas. This article quotes Professor Kim Elsbach, who has researched the effects of nonterritorial offices on workers.
A University of California Davis study concludes that proposed federal rules could cost shareholders billions of dollars.
The study, led by UC Davis Graduate School of Business professor Paul Griffin, examines the costs of requiring businesses to disclose use of minerals from nations linked to human-rights abuses.
This article cites Professor Brad Barber’s research which showed that active trading is really a loser’s game. “Their bottom line: ‘The more you trade the less you earn.’ Buy-and-hold investors in their research turned over their portfolios just two percent a year. Active traders churned their portfolios an average of 258 percent annually, but their net returns were a third less than their buy-and-hold competition.”
This article about the financial press cites Brad Barber’s 2000 study, “Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors.”
In 2010, the SEC asked the Library of Congress to produce a list of the most typical ways investors shoot themselves in the foot. This article cites Brad Barber’s research that found active traders have lower returns.
Going to business school and making the world a better place are not incompatible. MBA students Keith Weissglass, Adam Baillie, David Fisher, Emma VanGenderen and Evan Howell, who are representing UC Davis in the finals of the Hult Global Case Challenge later this month, wrote this article about what it means to do both.
The basic idea behind Davis Roots is to help good ideas grow into companies—ones that would be located in or near Davis. Andrew Hargadon (pictured) co-founded Davis Roots with Anthony Costello, and on this edition of Davisville, Hargadon explains how the new nonprofit “accelerator” will work.
Sleep Train Inc. was among the first companies to advertise with Rush Limbaugh when he began his radio career, and the company was also among the first to pull out following his controversial statements on air. In this article, Assistant Professor Olivier Rubel says that advertisers who pull out later face less risk of backlash than those who respond first.
This article cites Professor Brad Barber’s research, which showed that men’s investment portfolios tended to suffer from their overconfidence.
This article about the recent investment forecast released by the state employees pension fund, CalPERS, quotes Professor Brad Barber, who in 2006 authored a study evaluating CalPERS shareholder activism.
Professor Brad Barber’s research that showed trading is hazardous to your wealth makes one reason why Wall Street will hit bottom, according to this article from MarketWatch.
In this article about the recent Rush Limbaugh controversy and how it reflects the social media marketing landscape, Assistant Professor Olivier Rubel says that if you are the online data backup provider Carbonite, for example, and you also invest heavily in online media, the Limbaugh controversy increases the risk that you will get pulled in.
Arguing that women investors almost always outperform their male counterparts, this article cites Professor Brad Barber’s research on gender as it relates to investment overconfidence.
This article cites Professor Brad Barber’s research with Terrance Odean which showed how mens’ overconfidence leads to too much trading, which results in lower returns. “Barber and Odean found that while both men and women were hurt by excessive trading, for men the damage was worse, with men reducing their net returns by about 1 percentage point more a year than women.”
This article about corporate governance cites Professor Brad Barber’s research on the California Public Employees Retirement System (CalPERs).