Congress is taking steps and starting to put pressure on China when it comes to complying with oversight on exchanges. Roger Silvers, of our School of Accounting, shared his thoughts on why this action is critical with Barron's opinion page.
Turns out we might still need humans on trading floors. New research from Eccles School professors Jonathan Brogaard and Matthew Ringgenberg shows that when face-to-face trading became too dangerous in the recent pandemic, "we find that floor traders are important contributors to market quality, even in the age of algorithmic trading. The suspension of floor trading leads to higher effective spreads, volatility, and pricing [...]
Congratulations are once again in order for professor Jay Barney, who has received the 2020 Strategic Management Division Outstanding Scholarship Award. He shares the joint award with Margie Peteraf of Dartmouth College. The award will be presented at the upcoming Academy of Management Meeting in Philadelphia. The STR Distinguished Scholarship Award is awarded biannually for a discovery of major importance in strategic management. The [...]
Huge congratulations are in order for Roger Silvers, who has been awarded the prestigious De la Vega Prize from the Federation of European Securities Exchanges. Silvers, an assistant professor of Accounting, received the prize for his paper "Does regulatory cooperation help integrate equity markets?" Here's what the committee had to say: "The paper studies how cooperative arrangements between securities regulators facilitate market integration. Cooperation [...]
Short sellers are collectively right much more often than they are wrong, according to new research from the Eccles School's Matthew Ringgenberg, and that could be good news for investors. Read more about the findings in The Wall Street Journal.
Wondering when it will be safe to buy anything from a new home to a Caribbean cruise? Eccles School professors of marketing Arul and Himanshu Mishra join a group weighing in on the topic in Forbes.
Huge congratulations are in order for Bob Allen, professor of Accounting. He was just elected as the President-Elect of the American Accounting Association. Allen's three-year term will begin at the AAA annual meeting, scheduled for early August in Atlanta. Allen is a mainstay of the Eccles School Accounting department, educating hundreds of students each year. His research has been published widely in peer-reviewed journals, [...]
It can be easy to look at coronavirus hotspots and think the same won't happen in your state or city, but that sense of security is misleading, say Arul and Himanshu Mishra, David Eccles Professors of Marketing here at the Eccles School. "In effect, people somehow perceive human-drawn borders as physical protection against peril like earthquakes, nuclear catastrophe and fires. We've called this error [...]
We've been hearing quite a bit about the medical and economic impacts of COVID-19 and the coronavirus pandemic. But what about its social impact? The data science team at Sorenson Impact Center set out to measure just that, and they have a fascinating look at their findings in Forbes. And be sure to take a look at their interactive data map.
Our hospital workers are definitely among the heroes of the COVID-19 crisis, but they are joined by 340,000 Utahns who care for family, friends, and neighbors in their spare time, writes Debra Scammon, Emma Eccles Jones Professor of Marketing, in The Salt Lake Tribune. Scammon and her colleagues Lee Ellington, Robert S. and Beth M. Carter Professor in the College of Nursing and director [...]
Are mutual fund names misleading investors? The Securities and Exchange Commission fears so, and is cracking down. But is that the right move? Finance chair Michael Cooper is torn. See his reasoning in MarketWatch.
Investors and analysts trying to forecast the volatility of a company’s stock returns can find crucial insights in publicly available corporate disclosures, according to a new study. Under SEC disclosure requirements, corporate managers report their forecasts of a company’s stock-return volatility over the next few years, as Eccles School professors Atif Ellahie and Xiaoxia Peng note in their paper "Management Forecasts of Volatility." While [...]
What impact does California's 2004 Paid Family Leave Act have on the gender pay gap? New research from the Eccles School's Elena Patel and her coauthors shows that parents spend more quality time with kids and tend to have fewer children overall, but may miss out on earnings over their child's lifetime. Read more about the study in The Washington Post, The Federalist, Market [...]
Have Eccles School researchers Davidson Heath, Daniele Macciocchi and Matthew Ringgenberg and their colleagues solved the so-called "green jelly bean problem" when it comes to the popular natural experiment Regulation SHO? One columnist at Marginal Revolution thinks so. The research also received write ups in The Financial Times and Harvard Law.
We've all heard the old adage to "first, know thyself." But is it really that helpful when it comes to psychological adjustment? It may not be, according to new evidence, but the Eccles School's Elizabeth Tenney argues that self insight can still be important to job performance and other areas of life. Read the research and see where Tenney stands in Scientific American.
Is the person leading your meeting actually an expert, or have they just mastered posture, eye contact, and speaking style? It can be easy to confuse the two, Bryan Bonner, Eccles School professor of management, tells Scientific American. He calls confidence a "messy proxy" for expertise. Read the full article and learn how to resist the lure of overconfidence in Scientific American.
Emerging consensus among academics holds that "maximizing shareholder value is a thoroughly bad idea," according to attendees at a recent conference in Edinburgh at the home of Adam Smith, the famed father of capitalism. The issue, says Jay Barney, presidential professor and Pierre Lassonde chair of social entrepreneurship at the David Eccles School of Business, is that while we know how to fix this [...]
This year has been a fantastic one for women CEOs taking companies through an IPO, despite the disadvantages they often experience from professional investors, who are overwhelmingly men. Read more about the IPO journey for female CEOs — including research from associate professor Lyda Bigelow — at Yahoo! Finance.
Honesty apparently is the best, or at least most common, policy. That's according to new research conducted by David Tannenbaum, assistant professor of management at the David Eccles School of Business, which was published in the journal Science. He and his three co-authors dropped more than 17,000 wallets filled with cash in 40 countries. "We went in thinking that people were going to be [...]
There are more than 330,000 family caregivers providing about 300 million hours of unpaid work — in Utah alone, according to data from the AARP. With numbers like that, it's increasingly likely that each of us will end up as an unpaid caregiver at some point. With that in mind Debra Scammon, of the Master of Healthcare Administration program, provided some tips on how [...]
"Companies with publicly traded shares invest proportionately far more than privately held businesses. The difference is particularly stark when comparing spending on research and development," according to an article in Barron's, which cites research by Elena Patel, an assistant professor of Finance at the David Eccles School of Business.
Is there a gender bias when it comes to securing venture capital for your startup? The data points to a resounding "yes." "There appears to be a deep-seated ... unconcscious bias against seeing women as effective entrepreneurs or risk-takers," Lyda Bigelow, associate professor of Entrepreneurship and Strategy tells the Deseret News.
If a prospective employer asked "Do you ever use work time for personal email or social media?" it would be easy to answer no. But what if they instead said "You use work time for personal email, right?" The different phrasing makes it much easier to admit that you've checked Instagram while on the clock. Eccles School Assistant Professor of Marketing Eric Van Epps [...]
Pay transparency may make for happier employees, but there is also the chance it could spark jealousy among colleagues and make it harder for companies to hire and retain workers. As it stands there is not comprehensive research on how pay transparency impacts employees, according to Todd Zenger, presidential professor of strategy and strategic leadership at the David Eccles School of Business. Zenger weighed [...]
If you ask a question, you expect a truthful response. But it turns out that how you ask and phrase the question can have a huge effect on how much truth the respondent is willing to reveal, according to new research by Eric VanEpps, an assistant professor of Marketing at the David Eccles School of Business. VanEpps explains the phenomenon in an op-ed in [...]