Articles tagged with Finance
A cross-sectional study of 60 new therapeutic agents found no association between research and development investments and treatment costs. The study's findings suggest that drug companies should make further data available to justify high prices.
Non–safety net hospitals maintained positive operating margins throughout the pandemic, while safety-net hospitals experienced significant losses, with California safety-net hospitals' net operating losses exceeding $3.2 billion between Q1 2020 and Q2 2021.
The Medicaid program's eligibility, enrollment, and spending are examined to assess areas of policy expansion and racial/ethnic disparities. The study aims to achieve health equity by exploring the program's effectiveness in addressing these disparities.
A recent investigation by The BMJ reveals that hospital trusts in England are bracing for a significant increase in energy bills this winter, with some anticipating a rise of over 200% in fuel costs. This would result in reduced patient care and staffing levels, posing a major challenge to the NHS's ability to operate effectively.
A study analyzing U.S. data from 1984-2017 found that grandparents' wealth is strongly positively correlated with their younger generation's asset components. However, Black individuals tend to be less invested in risky assets even after adjusting for intergenerational transfers.
Research finds no effect of tax policy change on executive compensation; tax regulations may not be effective in curbing excessive pay. The Tax Cuts and Jobs Act aimed to reduce CEO pay by limiting deductions for performance-based compensation, but studies have found little impact on the practice.
A new analysis suggests that BP's reputation declined after the 2010 Deepwater Horizon accident, but its long-term stock market returns were not significantly affected. The study found no decline in the reputations or stock prices of other oil firms.
New research by Nicola Limodio finds that terrorist attacks are sensitive to local funding availability, with more attacks occurring in cities with higher funding. Financial counter-terrorism can be effective in limiting the ability of terrorist organizations to access funds.
A new study published in the Journal of Marketing finds that requesting customers to rate service professionals first can lead to smaller tips, whereas asking customers to tip first does not influence subsequent rating scores. This research has important implications for firms and managers, suggesting that they should consider asking c...
A study finds that an acquisition by an alliance partner can either destroy or create alliance value depending on the business similarity between the firm and acquired company. The strength of the relation between the firms also plays a crucial role in determining the outcome.
Institutional landlords have raised rent prices in neighborhoods where they own properties, but also improved neighborhood quality and safety. However, these improvements come at a cost to affordability, as rents increased by an average of 0.51% in overlapped neighborhoods.
Claire Célérier, a leading expert in household finance, has been recognized by the Bank of Canada with its Governor's Award for her groundbreaking research on financial inclusion. The award provides a $30,000 annual research grant to support her work on innovative financial products and behavioral biases.
Researchers at MIT created a process called DualFair that can remove bias from data used to train machine-learning models. The method tackles both label bias and selection bias, significantly reducing discrimination in loan predictions while maintaining high accuracy.
Researchers at the University of Innsbruck have proposed a method to solve optimization problems using neutral atoms and four-qubit operations. The algorithm can be realized on existing quantum hardware by optimizing laser pulse durations in a feedback loop.
Couples who pool their finances exhibit better connections and more positive interactions, according to Cornell University research. Low-income couples tend to benefit most from combining bank accounts, aligning financial interests and goals.
Researchers found traders prefer larger companies with strong analyst coverage and a greater ability to convert their shares into cash. They actively traded on firms where both hard and soft information gave similar signals about the future.
A recent study from the University of Toronto's Rotman School of Management found that slow stock analysts outperform their faster counterparts. Portfolios that follow their advice have been shown to perform five to 10 percent better, thanks to their ability to assess a company's value and update forecasts more frequently.
A new BU study found that individuals with physical, social, and financial assets, particularly higher incomes and fewer savings, were less likely to experience sustained depression during the first year of the pandemic. Persistent depression was highest among people in low-income households and those with fewer savings.
A new study found that a higher minimum wage was associated with fewer people defaulting on their rent payments, particularly among those at the lower end of the housing expense market. However, landlords responded by increasing rent payments, offsetting some but not all of the increased income.
A new study finds that top 10 banks have limited commitments to reduce financing of fossil fuels, despite increasing focus on climate change. Experts recommend policy changes to address the banking industry's responsibility in financing climate change.
A recent study by Bayes Business School suggests that accounting firms are better equipped to deliver fair target valuations on mergers and acquisitions compared to investment banks. The research highlights the importance of auditing expertise in determining a company's true value.
A study of 2,800 adults aged 75+ found that severe financial strain increased the risk of death in the six months following a heart attack. The research highlights the importance of addressing financial stress for older adults with cardiovascular disease.
A study published in Applied Economics analyzed the relationship between precious metal commodities and equity markets, revealing that gold and aluminum are the most desirable metals for investment. The research also found that copper and zinc have the largest spillovers on global equity indices.
Researchers have developed a new text-based analytics model that analyzes firms' tailoring of investments to their portfolio of products, using the four-stage product cycle. This framework provides insights into how firms exploit investment opportunities, including disclosure patterns and strategic alliances.
Alternative data can improve market performance by encouraging firms to bring in more skilled people to extract unique insights. As funds acquire these skills, they can process more alternative data at a lower cost, leading to stronger performance for both the fund and the market.
Between 2015 and 2019, Medicare spending on drugs with an accelerated approval indication more than doubled, reaching $9.1 billion in 2019, primarily driven by Part B drugs. The study's findings highlight the growing concern of rapidly increasing costs associated with these medications.
Researchers found that minimum payment requirements cause consumers to spread repayments evenly, leading to less paid to higher-interest debts. By displaying interest rates clearly, companies can help consumers make better repayment choices. Fintech products and policy changes can also aid in reducing interest payments.
Researchers found that tweets with negative valence and consumer orientation generate permanent price impacts, while those with positive valence and competitor orientation increase temporary price impacts. Firms can design social media content to improve firm value by incorporating attributes such as valence and subject matter.
A new study aggregates evidence from experiments on performance incentives globally, finding that men and women respond similarly to rewards for achieving performance objectives. The study suggests that performance pay boosts productivity for both genders across various contexts and program designs.
Researchers found that creative activities, like designing t-shirts or decorating cookies, increase charitable giving. Donors who participate in these activities feel a sense of freedom and autonomy, leading to higher donation behavior.
Researchers found that a low opening offer can be effective if it's within a 'fair game' window, avoiding negative emotions, but not so low that it backfires. A balance must be struck to achieve a better outcome in negotiations.
A recent study found that rewarding costly skepticism in auditors may not be effective and can even lead to a decrease in red flag investigation. Instead, supporting skepticism from supervisors and promoting a culture of investigative mindset can encourage auditors to identify and pursue potential problems.
A new study by Cornell University reveals that TV ads significantly influence retail investors' decisions, leading to increased online searches and stock trading volumes. The study found that certain types of ads, such as those airing during prime-time hours or for financial sector products, generated the strongest investor response.
Countries lagging behind in renewable energy adoption risk lower industrial competitiveness and economic instability. Uneven transition patterns can exacerbate existing international tensions, making it difficult for late decarbonizers to catch up with early movers.
A study by UCL researchers suggests that levelling up access to finance for poorer countries can accelerate the transition to renewable energy, allowing Africa to reach net-zero emissions approximately 10 years earlier than current projections. This would require policy interventions to lower the weighted average cost of capital (WACC)...
The Monetary Authority of Singapore launches a $2 billion green investments program to promote environmentally sustainable projects. The Singapore Green Finance Centre, launched by SMU Lee Kong Chian School of Business and Imperial College Business School, aims to build a new ecosystem for sustainable investing in Asia. Researchers wil...
Researchers found that firms with stronger positions in supply chains provide more trade credit to customers, while those with weaker positions receive less. This contradicts the financing advantage theory and supports the recursive moral hazard theory of trade credit.
A recent study by Lero researchers found that COVID-19 growth largely explained changes in stock prices globally, but had little impact on China or the MSCI World index. The study suggests that investor sentiment and economic factors such as crude oil and bond yields played a greater role in shaping market prices.
A research project led by Albert Banal-Estanol and Massimo Motta aims to analyze the factors that determine a company's market power and their impact on consumers. The study also explores regulatory interventions in areas of consumer protection, product safety, and digital markets.
A recent Finnish study found that Bitcoin volatility does not respond immediately to cyberattacks, but rather increases substantially on the fifth day after an incident occurred. This delayed response suggests inefficiency in the market's ability to price shocks, with significant economic implications.
Researchers found that cloudy weather leads to lower investments in risky equity crowdfunding campaigns, with novice investors reacting more strongly. To mitigate this effect, entrepreneurs can target experienced investors or increase marketing efforts on cloudy days.
Specialized ETFs focus on popular industries like cannabis and cybersecurity, but tend to lose value quickly. Investors who buy into these funds are often less sophisticated, leading to significant losses over time.
Former UNFCCC leaders call for effective implementation, ambitious targets, and concrete strategies to avoid dangerous climate change and meet the 1.5°C temperature increase threshold
A study by WVU finance professor Alexander Kurov and his co-author Chen Gu found that firm-level Twitter content can predict next-day stock returns and contains information about upcoming analyst recommendation changes, quarterly earnings surprises, and opening prices of initial public offerings. This research has important implication...
The CGIAR Latin America centers are driving innovations to reduce poverty and improve food security in the region. Innovations like the Andean Initiative use technology and partnerships to generate site-specific adaptation measures for farmers.
A new study by the University of Delaware found that diverse directors are less likely to serve in board leadership roles, despite being highly qualified. This inequity persists even when controlling for specialized skills and experience. The research suggests biases may be a contributing factor.
The Roy Rosenzweig Center for History and New Media at George Mason University is receiving a $20,000 grant to build financial resilience in the digital humanities. The project will connect five digital humanities organizations through a yearlong planning exercise focused on sustainable business models.
A national study found that housing finance agencies' supportive services and loan structure significantly reduced mortgage defaults and foreclosures among low- and moderate-income households. The results suggest government programs can help low-income households afford and keep their homes, with potential impacts on local economies.
A recent study from Ohio State University found that households immediately increase their spending after receiving tax refunds. In contrast, when households owe taxes, they do not reduce their spending, instead using other sources of funds to pay the bill. This challenges traditional economic theories about how people spend their money.
A new study found that equity analysts place greater emphasis on early impressions and experience a strong first impression bias that influences their forecasts for up to six years. Negative first impressions had roughly double the economic effect on forecasts compared to positive ones, leading to more pessimistic forecasts.
A new study found that gradualism, increasing project stakes step-by-step, significantly improves group coordination. The research showed that teams with gradually increasing stakes outperformed those with consistently high or low stakes.
A new salary structure proposes locking in salary gains as athletes advance toward graduation, offering drafted freshmen 60% of the current NBA rookie salary base. This system aims to entice most other college players to graduate before entering the NBA, improving player preparedness and the overall labor market.
A new paper by J. Ryan Lamare found that hiring a lawyer in arbitration doesn't guarantee better outcomes for employees, as employers can also hire lawyers to counteract positive effects
A team of computer scientists created a prototype kit called BlocKit to help people understand how blockchain works and can be used. The kit, made from everyday objects, represents 11 key aspects of blockchain infrastructure and was evaluated in a study involving experienced Bitcoin users.
A financial model developed by Stevens Institute of Technology assistant professor Hamed Ghoddusi explores the effects of the Tax Cuts and Jobs Act on homebuying. The SALT deduction cap has a predictable impact on property tax collections, particularly in high-income states.
A recent study found that nearly a quarter of small and medium-sized enterprises (SMEs) in the UK view Brexit as a major obstacle to their success, with investment and exporting being significantly affected. SMEs are disproportionately impacted by uncertainty and have lower resilience to unexpected shocks.
A new study published in The Journal of Politics found that enacting campaign finance reform to reduce polarization would likely degrade representation quality. Citizens tend to prefer representatives with matching issue views, regardless of ideology.
New research from Michigan State University challenges the traditional 'invisible hand' theory of market control. A third party's intervention disrupts trading relationships, establishing trust and loyalty among parties involved. This leads to favorable prices, but also creates a risk of runaway train-like effects unless regulated.
A study by University of East Anglia and Nottingham Trent University found that Olympic success leads to decreased trading volumes in major economies. However, stock market returns remain largely unaffected. The researchers suggest that investors' distraction is the primary reason for this decrease.
RecensMedical Inc., a UNIST startup, has received 1 billion KRW investment and 2 billion KRW financial guarantees from KIBO to develop rapid cooling anesthesia for various medical applications. The funding supports the company's growth as the first venture startup in Ulsan.