In the News
In the study titled Boys Will Be Boys: Gender, Overconfidence and Common Stock Investment professors Brad Barber of the GSM documented that men traded 45 percent more than women and ended up having their net returns reduced by almost a full percentage point compared to women. In this Forbes article, Liz Davidson outlines a few tips that men can learn from women to become better investors.
Marketing Professor Ashwin Aravindakshan says Starbucks’ new logo may help the coffee giant expand into new, emerging markets, and that existing customers who may not like the new look won’t change the habits if they like the java.
Prof. Andrew Hargadon’s blog rated among the “50 Best International Business Blogs You Aren’t Reading Yet”. In his blog he writes about entrepreneurship, technology innovation, management, and sustainability
Emilee Schumer at Wines and Vines provides a first-hand account of her experience at our Wine Executive Program. In this article she discusses the topics covered in the program, the value available to up and coming wine execs, and her impressions of the experience as a whole.
John Bissell, an alum of our UC Davis Green Tech Entrepreneurship Academy, can turn raw sewage into water bottles, raincoats, diapers and other everyday products. But can he turn it into a $10 million industrial plant? Bissell owns MicroMidas Inc., a Sacramento, Calif., start-up that makes plastic out of waste using a technology it developed two years ago. He’s now looking to move into a large manufacturing facility from a pilot plant, but says lenders are reluctant to provide the $10 million in capital he needs to make that transition.r
Robert Smiley, director of wine industry studies at UC Davis’ Graduate School of Management, comments on the challenges facing the owners of a new vineyard on Catalina Island.
UC Davis GSM Alum Tim Freeman appeared on CNBC’s Squawk Box to discuss the early morning markets and whether the consumer is back.
Professor Brad Barber’s research study, “Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment” appeared in MIT’s Quarterly Journal of Economics. Looking at patterns across 35,000 households, Barber and co-author Terrance Odean determined that male investors traded stocks about 50 percent more often than women investors, with their market timing efforts resulting in poorer returns and more frequent fees and charges.
CBS Moneywatch cites Professor Brad Barber’s series of groundbreaking studies on investor behavior and its impact on investment returns.
At UC Davis, the Graduate School of Management has been doing research that continues to produce results that are startling for the state and even worse for Silicon Valley. For the past six years, the university’s annual Women Business Leaders study has found that in a state that prides itself on equality and diversity, it’s still overwhelmingly a man’s world at the top of corporate California.
The survey shows women holding 9.5% of board seats and highest-paid executive positions, which is in line with previous years. Sixteen (4%) of the 400 companies had a woman as chief executive, up from 15 in 2009 and 11 in 2006.”What this suggests is that once you make it into top management, the chances of getting appointed to the board are roughly the same whether you’re a man or a woman,” Professor Donald Palmer said. “If discrimination is taking place, and I think it is, it’s likely taking place at the many lower levels in an organization.”
A study by the University of California, Davis, found women are “a conspicuous minority” in the Golden State’s boardrooms and corner offices. Only 16 out of the 400 biggest public companies has a woman CEO. Steven Currall, the school’s dean, said “for a state that considers itself a hip, progressive trendsetter, California looks like anything but that.”
Researchers at UC Davis today released a study looking at gender diversity among the state’s 400 largest public companies. They found that men still hold roughly nine out of every 10 of the highest-paid management and board positions.
Orange County companies have the lowest female representation on their boards of directors and among their highest paid executives, according to a survey released today by UC Davis. The 6th annual survey looks at the 400 largest public companies headquartered in California, of which 48 are in Orange County. Statewide fewer than 1 in 10 directors/top-paid executives are women.
It’s lonely for California women at the top, with a dearth of fellow females on the boards and in the executive suites of high-profile companies. Women hold only 9.5 percent of board seats and the highest-paid executive positions at the 400 largest publicly held corporations in California, a new University of California Davis study has found.
Women hold fewer than 10% of all top executive and board of directors positions within California’s 400 largest companies, according to a study released by UC Davis. The low female representation statewide is somewhat surprising for California, often viewed as a progressive trend setter. The data on the entire list of companies, featuring brands including Hewlett Packard Co. and Jack in the Box Inc., were distilled from public reports to the Securities and Exchange Commission.
Comstock’s article on selling to big chain stores: Assistant Professor Olivier Rubel says when products from small businesses and entrepreneurs are picked up by major chain stores, it can be “both a blessing and a curse.” It can lead to greater exposure and, potentially, new markets. Selling to large retailers is proof that these small businesses are selling competitive products and able to manage larger orders. But these deals aren’t without risk, he says.
Millions of Californians are unemployed this holiday season. Many will see their unemployment benefits expire today. So when it comes to buying gifts, most people out of work are scaling back spending. Kelley Weiss reports and interviews Assistant Marketing Professor Olivier Rubel, who comments on consumer purchasing habits and consumer credit.
That some 138 million U.S. shoppers will open their wallets this Black Friday weekend may have a lot to do with a bountiful feast and the need to feel in control. At least, that’s one theory offered by Olivier Rubel, an assistant professor of marketing at UC Davis Graduate School of Management.
For academic scientists with an idea they think might have commercial potential, figuring out whether and how to move it from the university lab to the marketplace is a formidable challenge. Andrew Hargadon, the Charles J. Soderquist Chair in Entrepreneurship at the University of California, Davis, and director of the university’s Center for Entrepreneurship, offers insight into the process in a series of entries on his blog.