By This Measure, Americans Are Not Addicted to Debt and U.S. Stocks Should Do Fine
Economics and finance Professor Alan Taylor explains his research findings that run contrary to the belief that debt is at dangerously high levels.
Audit Committees Not Compromised by Big-Four Alumni
Benefits include higher audit quality, lower fees, timelier reporting
Assistant Professor Paul Wong and his co-authors explain how the familiarity of a former partner who sits on the company’s audit committee can actually be a benefit.
Ken Fisher Feels Backlash of Sexist Comments
Outcry over Ken Fisher’s inappropriate comments prompted a formal apology and a loss of investments. Professor Brad Barber shares why there are so few women in finance and what can be done to adjust that trend.
Danger When Alumnus of a Firm’s Audit Firm Sits on Audit Committee?
Assistant Professor Paul Wong and his co-researchers discuss the implications of a former partner of a Big-Four accountancy sitting on the audit committee of the member’s former company.
Audit Quality Improves When Former Partners Sit on Audit Committee
Counter to a widespread impression that audit quality diminishes when a former partner sits on the audit committee, audit quality actually goes up, Assistant Professor Paul Wong and his co-researchers discover.
Audit Committees Not Compromised by Audit Firm Alumni, Says Study
Audit committees that include a former partner from the firm that audits their company can still retain their independence and have high-quality audits, according to a new study from Assistant Professor Paul Wong and his co-researchers.
Extreme Heat Impacts Firms’ Stock Value
First study to quantify the impact of physical climate risk on corporate market values
Professor Paul Griffin shares new research on the market value risk following episodes of extremely hot weather, especially for small firms in the South and Southeast.
Extreme Heat Impacts Firms’ Stock Value
First study to quantify the impact of physical climate risk on corporate market values
Climate change is making business and investors sweat.
Research from the University of California, Davis, finds episodes of extremely hot weather lead to declines in market value. This is especially true in the South and Southeast, and for small firms — which lost an average of more than $17 million in the month following the hot weather.
“These findings of a negative market response imply that the equity market recognizes but underprices weather-related climate risk." —Paul Griffin, UC Davis Graduate School of Management accounting professor
Alum Playing the Long Game: Status Check
Entrepreneur Mark Otero MBA 07, who sold his video game firm to Electronic Arts for $35 mil., has launched a new hedge fund, Alice Capital, which is outperforming the S&P Index.
Alum Playing the Long Game: Status Check
Entrepreneur Mark Otero MBA 07, who sold his video game firm to Electronic Arts for $35 mil., has launched a new hedge fund, Alice Capital, which is outperforming the S&P Index.