Articles tagged with Financial Management
Research by City University London's Business School reveals that fund managers who start their careers in difficult economic conditions perform better over the long-term. They exhibit better market timing and tilt their investments towards defensive industries during tough times.
Researchers found no significant statistical or economic difference in yield or revenue between discriminatory and uniform auctions. The study suggests that Treasuries worldwide can shift focus away from auction rules towards market stability and primary dealer systems.
A recent study by Bocconi University researchers found that stakeholders' sentiment toward a new CEO has a stronger effect on post-succession performance than the CEO's previous experience and fit. Negative sentiment can undermine a CEO's effectiveness, especially for outside CEOs.
A new study finds that wage inequality boosts short-term profitability but harms customer satisfaction and long-term firm performance. High wages for top managers incentivize employees to exploit customers, weakening a firm's customer-oriented culture.
During the pandemic, a Baylor University study found that managers should talk less and listen more to employees. The researchers emphasized the importance of protecting confidentiality and building trust through empathetic listening.
A new study suggests that clearing the invasive Prosopis julifora and restoring grasslands in Baringo County, Kenya, may provide significant financial benefits for local communities. The research found that a one-off budget could suffice to manage a considerable area of Prosopis, with conversion into grassland providing substantial fin...
Research from Binghamton University found that star employees take most of the credit for successful collaborations and most of the blame for failed ones, affecting non-star collaborators' careers. Non-stars may benefit from working with stars despite not receiving equal rewards or penalties.
A new study published in the Journal of Marketing found that people hold a positive illusion of being financially responsible, which motivates them to restore their self-view. The 'superfluous-spender intervention' increased both intentions to save and actual savings relative to those who did not receive the intervention.
Employees at financially transparent firms experience lower job distress, improved relationships with managers, and increased commitment to their employers. Financial transparency has a significant impact on reducing job stress, especially for workers not covered by collective bargaining agreements.
Research suggests hotel companies that promote a woman over an equally qualified man are perceived as fairer and less discriminatory, leading to a stronger organizational culture and higher financial performance. The study found that women account for only 12% of all hotel leadership positions, despite making up the majority of the acc...
Firms with more frequent financial reporting experience a decrease in patent applications, citations, and patent value. This reduction in innovative output can lead to inertia and a culture of 'standing still' if organisations are unwilling to invest.
The report analyzes 1217 European incubators and accelerators in France, Germany, Italy, Spain, and the UK, providing insights into their impact, services, and focus on social entrepreneurship. The study reveals a high number of employees (7165) and a prevalence of corporate and university incubators.
A study at the University of Houston found that concrete language styles and storytelling techniques can boost restaurant crowdfunding success rates. Using specific words, such as articles and prepositions, and delivering stories with fewer first-person pronouns can make pitches more compelling to investors.
Researchers found that effective complaint handling strengthens relationships between companies and customers in certain industries and for customers with specific expectations. Companies should tailor their strategies to the unique needs of their customer base to maximize economic benefits from complaint management.
Research at Ben-Gurion U found that zero interest rates motivate individuals to borrow money and take risks, while negative rates have a lesser impact on investment decisions. The study suggests that savers might prefer holding cash over accepting negative rates due to associated risks.
A study by Erasmus University Rotterdam and IESE Business School found that collective layoff announcements lead to decreased sales, lower advertising elasticity, and reduced advertising spending for affected brands.
A new NYU Marron Institute report examines the fiscal issues and risks related to the NYC Teachers' Retirement System. The report highlights the importance of understanding the risks created by city pension funds and the need for policymakers to make informed decisions about those risks.
Andrey Golubov, a leading expert on mergers and takeovers at the University of Toronto, has received the Bank of Canada's Governor's Award. The award provides financial support for his research on mergers and acquisitions, corporate governance, and firm value and performance.
A recent study found that CFOs are reluctant to blow the whistle on potential fraud when their company is under pressure to meet a financial target. Financial managers are adept at detecting red flags, but become less willing to report externally when facing pressure.
Research finds that high-ability management teams can use discretionary accounting choices to signal future performance, leading to more predictable earnings and cash flows. This approach improves a firm's stock price and enhances its reputation among investors.
Researchers found that sales relationship disruptions can lead to increased new sale revenue and decreased resale revenue, with total revenue increases ranging from 28.9% to 41.1% in favorable conditions. The study suggests prioritizing efforts on customers subject to a disruption and selecting activities to retain or expand business.
John Campbell, a retired UT Extension specialist, was inducted into the National Association of County Agricultural Agents' (NACAA) Hall of Fame for his commitment to community service and effective leadership. He served nine counties as an area farm management specialist and helped develop state-wide programming.
Case management programs delivering high-intensity interventions and multidisciplinary care plans yield positive results for adult frequent users with chronic diseases. The systematic review identified key characteristics of effective case management, including high-intensity interventions and multidisciplinary team care.
A study of 1800 working-aged residents in a Colombian public apartment complex found that women on the ground floor earned twice as much as those on other floors, narrowing the gender earnings gap. Ground-floor female entrepreneurs also earned triple what their neighbors made in other occupations.
A global study found that satisfaction is the most popular metric for marketing decisions worldwide. The study analyzed over 4,000 marketing plans from 1,600 companies across 16 countries, revealing a significant relationship between total metric use and marketing performance.
A study found that financial investors in North America tend to favor white over black male-led teams, especially those with strong credentials. This bias can contribute to the lack of diversity in the investment industry, according to the authors.
A new study by Stanford SPARQ found that race affects investment judgments of asset allocators, contributing to disparities in the financial services industry. The research partnership aims to promote fairness by examining unconscious bias driving racial disparities.
Research from the University of Notre Dame found that mutual fund managers track insider trades, which can predict future firm returns. The tracked stocks tend to outperform other firm purchases by an annualized abnormal return of 12%.
A study by the University of Toronto's Rotman School of Management found that credit default swaps (CDS) can cushion stock prices against credit downgrades. Companies with CDS saw a 44-52% reduction in stock price drops after a downgrade, compared to those without CDS.
A new study by Lancaster University finds that household finances and control of financial decisions are linked to the time spent on routine housework, with women doing most of it. Despite earning more, women have limited control over their own earnings and household finances, leading to a glass ceiling in the labour market.
A new study published in Public Money & Management suggests that interest-free loan schemes can help prevent homelessness and save local authorities money. The study, funded by the British Academy, details a £85,000 grant scheme in Lewisham, which has helped over 300 families escape eviction and saved the council £1 million.
A University of Bath researcher has created an algorithm that consistently outperforms conventional methods and other developed tools in financial trading, resulting in a 3% higher return than the benchmark U.S. Federal Reserve Funds rate. The tool's potential impact on employment at the highest banking levels is also significant.
A study by Dr. Lorenzo Casavecchia found that funds with greater active management concentration outperformed those with less active focus, achieving a 70 basis points per year advantage before fees. This excess return is economically significant and risk-adjusted.
Researchers analyzed over 298,000 online review ratings to find the key elements of job satisfaction and employee turnover in high-contact services. The study shows that career progression is a critical factor in staff turnover, while an increase in job satisfaction leads to higher profitability.
The statement emphasizes that high-quality CCL care should not be limited by fiscal concerns, and provides recommendations for balancing revenue and expenses. It also highlights the importance of aligning leadership, strategy, organization, processes, personnel, and culture to optimize outcomes and efficiency.
Research by SDSU finance professors found that mutual fund managers invest more in firms with similar political leanings, leading to lower returns and higher volatility for clients. The study analyzed over 1,300 active mutual funds and 16,655 firms, revealing a partisan bias among fund managers' portfolios.
Researchers from UC3M and UAB found that companies with more financial analysts are more likely to acquire innovative companies, make corporate venture capital investments, and reduce internal R&D expenses. This leads to a better allocation of R&D resources, an increase in the number of patents, and improvement in their quality.
A study by North Carolina State University found that companies with large differences between their earnings and non-financial measures are less likely to forecast their annual earnings. This divergence can lead to inaccurate forecasts, as companies may overestimate their actual performance.
A new study from the University of Toronto found that holding news conferences after every FOMC meeting may have done the opposite, setting markets up for unnecessary surprises. The research highlights the potential risks of treating meetings differently, which could reduce transparency through delayed information release.
A study by University of Technology Sydney researchers found that a company's corporate reputation commands a premium of around 9% for its products. Consumers are willing to pay more for products with important features and a good brand reputation, but less so for novel features regardless of reputation.
A study from leading Dutch economists recommends increasing Dutch banks' equity capital to improve stability and solvency. By raising their equity ratios, banks can better cover future losses and manage risks efficiently.
Researchers found that state pension plans pay higher external fees when they need to increase contributions, but these fees do not improve performance. Investing in a conventional portfolio would have eliminated up to 44% of unfunded liabilities and recouped around $4.2 billion
A new study found that medical device firm managers rely on their physician-customers to screen out detectable defects rather than issuing recalls. This perception is driven by a desire to ensure patient safety, leading managers to hesitate until the root cause of the defect is clearly understood.
Leaders from Penn's Perelman School of Medicine call for new training approaches for 21st-century doctors, emphasizing business, finance, and leadership development. The authors suggest focusing on talent mining, targeted leadership development, and deliberate onboarding processes to create a new wave of physician leaders.
The Hebrew University of Jerusalem team won the second annual O.R. & Analytics Student Team Competition by successfully applying analytics and operations research to create a high-performing equity portfolio. The competition challenges students to develop solutions to real-world problems, providing valuable experience that sets them ap...
A study by Sina Esteky found that people at higher elevations are more willing to take financial risks and engage in sensory risks. This effect is subconscious and disappears when participants are informed or unable to see their floor level.
A boom in fragile nonbank lenders has put the US mortgage market at risk of another meltdown, warns a new paper. Nonbanks originate half of all US home mortgages and have limited capital and access to cash, making them vulnerable to collapse.
A Tel Aviv University study suggests that assigning practical, task-related assistance to newcomers can prevent burnout. This approach is more effective than encouraging emotional support or helping with personal issues. By involving new employees in providing instrumental help, managers can mitigate burnout and improve productivity.
A Portland State University study found that counties with more religious populations tend to have less risk-averse hedge fund managers, resulting in smaller and younger funds. Despite this, these funds produce returns comparable to the industry average, suggesting a link between local religiosity and organizational risk-taking.
A recent study found that 37% of ACOs have a management partner, who provides essential services such as data analysis, administrative support, and care coordination. These partnerships enable smaller organizations to participate in ACOs and improve quality, with management partners also providing financing and acting as 'ACO-enablers'
Pebay's platform provides comparative analysis of cash flow, returns, and investor moves for over 500 Brazilian private equity funds. The platform offers financial performance metrics and decision-support data to help fund managers make informed investment decisions.
A new tool has been developed to evaluate a worker's skillset and determine its impact on wages. Workers with diverse, combined skills tend to earn higher wages. The tool helps job searchers better position themselves in the market by providing a better way to characterize worker skill sets.
Researchers found that hedge fund managers with psychopathic traits made less profitable investments, while those with narcissistic traits took more risks to earn the same amount of money as their peers. The study suggests that Dark Triad personality traits are not desirable in investment managers.
This thematic issue explores customized diabetes management in medically complex patients, including those with mental illness, post-bariatric surgery, older adults, and disparity populations. Key findings highlight the importance of psychosocial assessment and medication adjustments to improve patient outcomes.
Sandro Ambuehl, an assistant professor at the University of Toronto, has received a three-year grant to investigate the impact of nudges on financial decision-making. He will collaborate with Stanford University economist B. Douglas Bernheim on the project.
During the 2014 FIFA World Cup, more than 60% of players involved in head collisions were not assessed by sideline health care personnel. This study highlights the importance of independent assessment and management of suspected concussions in soccer players.
A study finds that many state pension plans use open-ended amortization to delay payments, making their financial condition appear better than it is. This practice exacerbates funding shortfalls and increases the risk of insufficient funds to pay pension obligations.
A new study by Adam Yore found that executive indiscretions can result in significant losses for companies, with dishonesty being the most damaging, causing a 4.1% loss in shareholder value.
A new study from the University at Buffalo School of Management found that materialistic consumers who believe they can improve their financial status through hard work are more likely to save money and regulate their spending. Conversely, those with pessimistic views on economic mobility are more prone to impulse purchases.
Research from the University of Bath found that companies using 'creative accounting techniques' will increase in Republican-governed states and decrease in Democrat-governed states under Trump's presidency. This is due to the political alignment of the federal government, which affects earnings management.