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 [...]
Stephen Stubben is a professor of accounting and associate dean for faculty and research at the David Eccles School of Business. His paper, co-authored with Wayne Landsman, and Jing Pan (one of our own Ph.D. student graduates!), "Equity Market Fragmentation and Capital Investment Efficiency, has been published Management Science, which is a is a scholarly journal with an analytical focus on scientific research on the [...]
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 [...]
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. [...]
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 [...]
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) [...]
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 [...]
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 [...]