Finance & Markets

Keep an eye on the road ahead when estimating cost of equity capital

Keep an eye on the road ahead when estimating cost of equity capital

Melissa Jackson

Estimating investment returns is tricky — especially, to paraphrase an old Danish saying, when dealing with the future.

Still, it comes with the territory when you're a financial manager tasked with evaluating the capital investment opportunities that will drive your firm’s strategies and determining which ones will maximize returns. One of the standard tools of the trade is cost of equity capital estimation (COEC). While this estimate strongly influences corporate capital budgeting decisions, exactly how it’s calculated and what assumptions drive the estimate can vary.  …

USMCA has important predecessor: NAFTA, professor says

USMCA has important predecessor: NAFTA, professor says

Carol Elliott

Notre Dame trade expert Jeff Bergstrand testified before the international trade commission that many of the expected effects of the proposed US-Mexico-Canada Agreement can be estimated using what we’ve already learned about the effects of free trade agreements.

As the Nov. 30 deadline approaches for signing the US-Mexico-Canada Agreement (USMCA), University of Notre Dame finance professor Jeffrey Bergstrand

Student Startup Spotlight: Eren Sagun and A Box Full of Sunshine

Student Startup Spotlight: Eren Sagun and A Box Full of Sunshine

Whitney Bouey

Eren Sagun is a Notre Dame sophomore studying Finance and Data Science. She started exploring her business, A Box Full of Sunshine, in August 2016. 

Img 3616 Eren Sagun

A Box Full of Sunshine is a non-profit business that provides heartfelt care packages to grieving children and families who have experienced the loss of a loved one. Eren is excited about her project because the organization has the potential to help thousands of people throughout the country that deal with the immense pain that comes with losing a loved one. It also gives her the opportunity to brighten the lives of those who are going through a dark time, and she is so grateful to have the chance to help others.…

Serving a higher mission in Afghanistan

Serving a higher mission in Afghanistan

Colleen Wilcox

Balhk For Web StoryBalkh and Notre Dame faculty/staff standing outside the Gateway of India

In 2016, Notre Dame was awarded a $1.15 million contract to help a university in Afghanistan create one of the country’s first master’s program in finance and accountancy. The partnership with Balkh University, the country’s third largest university, allowed Notre Dame faculty and staff to help design, train, deliver, and assess a new master’s degree.…

How closures of local newspapers increase local government borrowing costs

Brookings Institution

Notre Dame finance professor Paul Gao and two colleagues from the University of Illinois at Chicago are presenting their research on the impact of newspaper closures on government costs at the Brookings Institution's 2018 Municipal Finance Conference this week. He and colleagues Chang Lee and Dermot Murphy of the University of Illinois at Chicago co-wrote "Financing Dies in Darkness? The Impact of Newspaper Closures on Public Finance." Read the blog post Brookings published on their research