How financial firms choose partners
Finance Professor Laura Lindsey and her co-authors say that they are the first — to the best of their knowledge — to formalize an empirical model for testing economic theories concerning the formation of ties between firms.
Amazon’s 49,000 percent gain: The most super of superstocks since 1926
In working paper, “Do Stocks Outperform Treasury Bills?” by Professor of Finance Hendrik Bessembinder, he found that individual stocks are a gamble.
Diminishing returns: employee stock options in an acquisition
Mergers and acquisitions create and destroy massive amounts of money, and are hugely important to the financial world. Associate Professor of Finance Ilona Babenko’s recent research supplies a missing piece of the complex merger jigsaw puzzle.
Lesson of the century: Most US stocks can't even beat a T-bill
Research results reinforce the importance of portfolio diversification and show why many actively managed investments often underperform their benchmarks.
Whom to vote for? Employees tend to follow their leader
Does your CEO influence your political views? You may be surprised by the staggering and perhaps alarming research findings.
Clawback provisions: Research shows the claws are not always sharp
In a USA Today article, Associate Professor of Finance Ilona Babenko reported on her research of 272 companies with clawback provisions.
Study: Divesting from fossil fuel firms could cost colleges billions
Major universities that rely on large endowments could be hit hard by the recent shift towards divesting from fossil fuels.
Optimism in the Phoenix housing market
Optimism prevails in the Phoenix real estate market, according to expert Mike Orr, speaking at the Economic Club of Phoenix. Overall supply, which has been low, is now 77 percent of normal and rising fast, he said. But demand is 99 percent normal, which means prices are rising.
'The Big Short' evokes big tears, bad memories
Michael Orr, director of the Center for Real Estate Theory and Practice, relives the housing crash while watching the Oscar-nominated film “The Big Short” with The Arizona Republic’s Catherine Reagor.
Going private: Is it really a path to better performance?
A long line of academic research argues that privately owned companies should be better managed than their publicly owned counterparts. But recent research by Finance Professor Sreedhar Bharath calls this conventional wisdom into question.