Department of Finance

/Department of Finance

Finance Department memorializes alum Keefer Babbitt

Professor of Finance and Director of the Advanced Financial Analysis Program Elizabeth Tashjian led a ceremony in the Jack & Jeanne Okland Trading Floor on April 5 to dedicate a special workspace in memory of Finance alum Keefer Babbitt. Babbitt, who passed away in January of 2021, earned his degree in Finance from the David Eccles School of Business in 2015. He was a [...]

2022-04-21T11:37:56-06:00April 21st, 2022|

Could a new moniker for Facebook help falling stock prices?

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.

2021-10-28T10:26:11-06:00October 28th, 2021|

Mandatory mentorship could help keep poor performers on the job

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. [...]

2021-10-26T15:45:32-06:00October 26th, 2021|

Announcing the Marriner S. Eccles Institute Rising Scholar in Finance Award for Ph.D. students

The David Eccles School of Business at the University of Utah is proud to announce the Marriner S. Eccles Institute Rising Scholar in Finance Award. Funded through the Marriner S. Eccles Institute for Economics and Quantitative Analysis, the scholarship provides $5,000 per year for the first two years of the Eccles Ph.D. program. This generous award for Ph.D. students with an emphasis in [...]

2021-10-18T11:02:17-06:00October 18th, 2021|

Is a bad reputation a deal breaker? Not for some startups

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) [...]

2021-10-11T17:30:52-06:00October 11th, 2021|

Does a name change lead to a higher stock price?

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 [...]

2021-10-11T17:29:50-06:00October 11th, 2021|

New data shows unemployment benefits do not discourage job hunting

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 [...]

2021-08-11T12:18:52-06:00August 11th, 2021|

New DAs decrease police violence, new study shows

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 [...]

2021-07-16T13:34:32-06:00July 16th, 2021|

Jonathan Brogaard named to Poets & Quants 40 Under 40 Professors

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 [...]

2021-05-04T14:46:13-06:00May 4th, 2021|

Low-income Americans – especially minorities – are being cheated on property taxes

Members of marginalized communities tend to live in homes that command lower prices due to the accumulated effects of racism, yet their properties are often assessed at inflated values. That's according to research by Troup Howard of the Marriner S. Eccles Institute for Economics and Quantitative Analysis. The New York Times cited Howard's study in a recent op-ed on the inequities of assessing property [...]

2021-04-09T16:36:34-06:00April 9th, 2021|