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.

Aging with Dignity

On this podcast hosted by Frank Zaccari, past Big Bang! Business Competition contestants Cerecell and Caregivers Pathway Inc. discuss their contributions towards helping seniors who are experiencing some of the challenges associated with aging.

Researchers Jump into Department of Energy ‘Shark Tank’

The National Lab Accelerator Pitch event at the UC Davis campus in San Ramon featured researchers pitching their technologies with high potential to move from lab to market and make a significant impact.