Articles tagged with Financial Management
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 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.
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.
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.
A new study from UT Dallas finds that bestowing considerable power in the CEO does not create value for the firm during industrywide downturns. Concentrated power among CEOs leads to worse decision-making and a decrease in firm value, especially in competitive industries and high-discretion industries.
A study by University of Toronto researchers found that increased job protections significantly reduce corporate mergers and acquisitions, driving down takeover deals and synergy gains. The study analyzed nearly 46,000 takeover deals in 21 countries between 1985 and 2007.
Researchers found that shoppers distracted by multitasking are less successful at completing their shopping task, particularly if they're in a deliberate mindset. This study suggests retailers should reduce stress in the shopping environment to improve customer experience.
The University of Tennessee Institute of Agriculture has received a grant to expand the farm financial management database FINBIN to include Tennessee farms. This expansion will provide benchmark financial information for producers, lenders, and other agricultural professionals, enabling them to make more informed financial decisions.
A new study by Rice University researchers found that strong external governance mechanisms can actually increase the likelihood of financial fraud among top managers. Higher levels of dedicated institutional ownership and increased analyst pressure were linked to higher rates of fraud. The findings challenge traditional agency theory,...
A new Finnish study shows that hybrid competitive strategies lead to better financial outcomes for high-technology companies internationalizing. The research found that the effectiveness of a hybrid strategy depends on the globalization stage and key resources of the company.
Research from the University of Texas at Dallas suggests that companies structure compensation contracts based on a manager's personality traits, not just firm characteristics. Overconfident CEOs receive more incentive-heavy compensation, which can drive shareholder value.
A new study found that corporate social responsibility (CSR) positively impacts firm performance, with financial benefits expected from CSR investments. However, the study also reveals an increasing correlation between CSR and 'corporate social irresponsibility,' suggesting some firms use CSR to offset past wrongdoing.
Research finds that personal pension funds beat their benchmarks on average due to the selection of easy-to-outperform benchmarks rather than investment skill. Focusing on a broader asset class can lead to better returns. The study also highlights the importance of considering diversification in pension saving allocation.
A new study finds that Indian technology firms, both registered and unregistered, engage in corruption when competing with smaller rivals. However, when facing foreign multinational corporations, they prioritize employee training over corrupt practices.
A QUT survey found young people struggle with managing car loans, credit cards, and mobile phone deals. Experts urge educators to include financial literacy workshops in schools before students leave.
University of Toronto Rotman School professor András Tilcsik won the Financial Times/McKinsey Award for Young Business Writers for his book proposal on managing catastrophic failure risk. The proposal, 'Rethinking the Unthinkable,' aims to help managers rethink existing organizational practices and build more robust systems.
A study in the Journal of Marketing found that higher financial leverage leads to decreased customer satisfaction due to reduced advertising spending. The impact of leverage is economically significant, resulting in a 0.47-point decrease in customer satisfaction equivalent to an estimated $26 million loss in net operating cash flows.
A study published in the Journal of Public Economics found that Prize Linked Savings (PLS) products, which combine savings with the possibility of winning large cash prizes, are more effective at inducing savings than standard interest-bearing accounts. This is particularly true for lower-income and less-educated individuals who are al...
A new study suggests that well-specified contracts are effective in reducing violations on the part of the buyer only if they are from highly globalized countries or have low-risk business environments. Contract monitoring can help mitigate negative influences of contract violation on relationship performance.
A new study in the Journal of Marketing found that companies may inadvertently devalue customer relationships with small monetary gifts. The authors suggest firms consider directing such gifts to charity to avoid the 'trivialization effect',
A new study reveals that gay and lesbian job seekers are 5% less likely to receive job interview invitations in the UK compared to heterosexual applicants. The study found significant disparities in job offers across various sectors, with gay men facing the most challenges in traditionally male-dominated occupations.
Research finds that US Treasury securities show a significant swing in returns between October and April due to seasonal depression. The average monthly return difference is 80 basis points, indicating a substantial impact of SAD on investment decisions.