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 [...]
The University of Utah Family Caregiving Collaborative published an op-ed in The Salt Lake Tribune reminding Utahns to thank caregivers during the holidays. Debra Scammon, a professor at the Eccles School and senior faculty associate at the collaborative, was one of the op-ed's co-authors. In Utah, more than 450,000 people serve in the role of caregiver, meaning they provide unpaid care for folks from [...]
A cosmetic name change often can help boost falling stocks, according to the Eccles School's Finance chair Michael Cooper. But as Facebook considers a name change, the practice is unlikely to help, Cooper said. That's because it is a huge, widely followed company. Read more about Cooper's research and what it could mean for the social media giant in MarketWatch.
Voluntary mentorship programs tend to reward those who are already primed for success — eager to learn, engaged, good collaborators. But what if companies required mentorship for new employees? The Eccles School's Nathan Seegert and his colleagues recently studied this question at a call center and found that those who were voluntarily in mentorship programs did not see a huge difference in success levels. [...]
An investor's bad reputation may not be a deterrent for startups seeking capital — as long as the investor stays out of the startup's business. A new paper from Bill Bill Schulze and Robert Wuebker shows that startups are willing to accept funds from venture capital firms embroiled in lawsuits. “The results are intriguing,” the authors said. “[They reveal] underexplored relationships between corporate reputation(s) [...]
Nothing can ruin your day quite like losing your wallet. But it turns out having larger amounts of cash may increase your chances that it gets returned. The Eccles School's David Tannenbaum and his colleagues "lost" wallets all over the world, and found that they were often returned, especially if there was money in them. "One clear pattern that emerged was, remarkably, wallets with [...]
Recently the stock that used to trade under the ticker CREE made a switch — and saw a healthy jump in their stock price. Is it a coincidence that the former CREE, now Wolfspeed trading as WOLF, outperformed the market after it changed? Probably not, according to Michael Cooper, Professor of Finance. A name like CREE carries no meaning, while WOLF has instant recognition [...]
Governors and legislatures around the country are hoping that ending Unemployment Insurance (UI) will light a fire under those who are seeking jobs. But a new study shows the end to those benefits hasn't had the anticipated outcome. “To evaluate the impact of the expiration of additional (unemployment insurance) payments, we asked respondents whether this expiration will influence the time and effort they devote [...]
The Goff Strategic Leadership Center theorizes that successful strategic leaders demonstrate skills across six specific dimensions (what we refer to as the Six Principles of Strategic Leadership). This model of leadership indicates that competence in these six areas contributes to high levels of individual, team, and organizational success. Research conducted by faculty at the University of Utah provides insights into each of these principles, and describes specific strategies for how leaders [...]
When a new district attorney takes office, police kill fewer people, according to a new study from Allison Stashko, an assistant professor in the Business Economics Group. "Deaths decline no matter what the new prosecutor’s political party or policy platform might be," Stashko writes. "During that time, we find no changes in arrest rates or assaults on police officers. That suggests that officers can [...]
It often seems like team meetings result in some voices being heard, while others are completely overlooked. Similarly, sometimes credit is misassigned to someone who didn't actually offer up the idea. The phenomenon is a concern to many, and particularly women and people of color. However, the use of amplification, publicly endorsing someone's idea while giving credit to that person, can give underrepresented voices [...]
The scientific method is no longer the sole domain of scientists, and business schools need to train students to embrace a spirit of experimentation. That's the premise set forth in a new article from the Harvard Business Review co-authored by the Eccles School's Elizabeth Tenney, assistant professor of Management; Elaine Costa, Management Ph.D. student; and Ruchi Watson, assistant professor of Entrepreneurship & Strategy and [...]
The seventh annual Sorenson Impact Summit with SOCAP Global took place May 25 through May 27. The summit featured three days of inspirational conversations around innovations in impact investing, building equitable entrepreneur ecosystems, the future of higher education, and using data to drive impact. This year, the summit gathered virtually, with the objective of delivering a more inclusive and accessible summit. For three days, [...]
On Friday, June 2, University of Utah experts and health researchers came together to discuss how scientists and others mobilized to learn more about COVID-19 and to combat the epidemic. University of Utah scientists discussed their research and addressed the numerous unanswered questions emerging from the COVID-19 crisis. Two of the experts who spoke during the event were Taylor Randall, dean of the David [...]
Ninety minutes. That’s all it took. I gained a deeper understanding of how data informs an elected official’s thought process regarding racial and ethnic disparities in Utah. He, in turn, reviewed the data and considered how he might incorporate this data into policymaking. Both of us acknowledged the importance of the issue, need for increased opportunities and inherent strengths that can help Utah improve. [...]
Poets & Quants has named the Eccles School's Jonathan Brogaard to its annual 40 Under 40 Professors list. Brogaard, a professor of Finance, currently teaches Advanced Finance in the Executive MBA program. "I get pretty excited about teaching. It is a lot of fun, and I hope that comes across to the students," Brogaard said. "It is probably corny to say, but the process [...]
