A professor in the Department of Entrepreneurship & Strategy at the University of Utah’s David Eccles School of Business, Lyda Bigelow recently won the Best Paper Award at the Competitive Dynamics Conference at Imperial College London. Her research paper is titled “Stuck in the Middle (of Time): Innovation Shocks and Strategic Repositioning in a Growing Market.” It explores how we live in a world where innovations [...]
Imagine browsing through your social media feed and finding out about two purchases made by your friends. One friend went on a vacation to a tropical island. Another friend bought a new, top-of-the-line TV. Which friend — the one who purchased an experience or the one who purchased a material product — are you more likely to envy? The answer to this question wasn’t [...]
Speakers for the School of Accounting, 2023 Spring Seminar Series announced. Friday, March 17, 2023 Matthias Breuer, Associate Professor of Business Columbia Business School 12:45 p.m. MT, Spencer Fox Eccles Building, Room 3160 Friday, March 31, 2023 Nemit Shroff, Distinguished Professor, School of Management Massachusetts Institute of Technology 12:45 p.m. MT, Spencer Fox Eccles Building, Room 3160 Friday, April 14, 2023 Austin Moss, Asst. [...]
Associate Professor and Director of the Accounting Ph.D. Program, Ed Owens, was recently accepted for publication by The Accounting Review. His paper is titled, “Lender Capital Management and Financial Covenant Strictness”. The study provides evidence that lenders with lower regulatory capital issue loans with lower financial covenant strictness, consistent with such lenders viewing borrower covenant violations as costlier. This is because a borrower covenant [...]
Utah legislators are once again debating whether to eliminate the sales tax on food, in hopes of giving a break to lower-income households. But Eccles School professor Adam Looney argues in a new op-ed that while the proposal is laudable in its aims, it is based on a misinterpretation of economic data. Most of the benefit from eliminating the 1.75% state sales tax would [...]
Assistant professor Sara Malik has a forthcoming paper in the Journal of Accounting Research entitled "Financial Reporting Quality and Wage Differentials: Evidence from Worker-level Data." Accounting researchers have known for a long time that the quality of a public firm’s financial reporting (i.e., the value relevance and accuracy of the financial statements) is important to firm’s cost of capital. When firm financial information is [...]
With phones, watches, apps and cryptocurrency, the days of "cash or credit" are long in the past. Retailers continue to seek competitive advantage by adding diverse ways to pay, including applications like Venmo or PayPal, allowing "by now pay later" plans like Klarna, or even accepting cryptocurrency, according the National Retail Federation. “One concern merchants may have with bitcoin transactions is the price volatility,” [...]
Salt Lake City's strong economy has once again landed it in the spotlight, this time on MoneyGeek's Top 15 Cities for Job Seekers list. "People want (a) affordability, (b) safety and (c) good work-life balance," said Phil Dean, Chief Economist & Public Finance Senior Research Fellow at the Kem C. Gardner Policy Institute at the David Eccles School of Business. Read Dean's full take [...]
Have you ever noticed that you have a coupon for an item in your Amazon shopping cart, but you have to click the little box to "cut" the coupon and use it? Turns out there's a reason those little money savers don't apply automatically — and it is a big moneymaker for the world's largest retailer. Forcing consumers to take that extra step to [...]
The current scarcity of new cars due to the shortage of computer chips has led to a surge in demand for used cars. This should be good news for used car dealers, right? Not necessarily. Something that happened in Japan more than a decade ago — that temporarily halted new car production by Honda, Toyota, and Nissan — has revealed a hidden dynamic at [...]