News
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Communities lose when newspapers die or slide into declineLast May, finance professor Paul Gao and fellow researchers from the University of Illinois at Chicago found government waste and corruption, and other community issues grew when local newspapers closed.
New York Times -
Guest column: Communities lose when newspapers die or slide into declineFinance professor Paul Gao's research was referenced in an article about the demise of local newspapers and what that loss means to the communities who no longer have the oversight the newspapers provide.
Mainline Media News -
Mendoza to offer new minor in digital marketingStarting in the fall of 2019, the Mendoza College of Business will be offering students from other colleges at Notre Dame the opportunity to minor in digital marketing. Shankar Ganesan, Mendoza's marketing chair, said he believes all students, regardless of their major of choice, could benefit from studying digital marketing because of its interdisciplinary nature.
The Observer -
Papa John’s Board kept calm and carried onAssistant professor of management Timothy Hubbard is quoted in a Directors & Boards article about embattled founder John Schnatter alleged plans to leave Papa John's chain's board. “As we’ve seen time and again, companies that have these ‘crises of CEOs’ are finding it harder to recover,” said Hubbard.
Directors & Boards -
New study details the sneaky way some CEOs can make money when the company’s stock fallsAssistant professor of management Tim Hubbard was quoted in an NBC article about his research study “Unintended Consequences: Information Releases and CEO Stock Option Grants." The study looked at option grants of U.S. publicly traded companies from 2009 to 2013, examining the cumulative abnormal returns before option grant dates.
NBC News -
Racism in the bond market? A finance professor investigatesAdvisor News published an article citing associate professor of finance Paul Gao's research into whether Historically Black Colleges and Universities (HBCU) face discrimination when issuing debt in the bond market. Gao and his co-authors were led to research the matter by a bond trader at a large investment bank who reported difficulty selling bonds issued by an HBCU.
Advisor News -
Why you should keep a joint bank account. (Happy Valentine’s Day!)Assistant professor of marketing Emily Garbinsky was interviewed by the Washington Post about her paper “The Consumption Consequences of Couples Pooling Finances,” co-authored by Joe Gladstone, an assistant professor of consumer behavior at University College London. Garbinsky and Gladstone researched whether the type of bank account (joint versus separate) affect the spending choices of couples.
Washington Post -
If Howard Schultz wins in 2020, would he be a good president?The Guardian quoted assistant professor Tim Hubbard in a story about former Starbucks CEO Howard Schultz's 2020 presidential run.
The Guardian -
Starbucks : If Howard Schultz wins in 2020, would he be a good president?Howard Schultz’s tenure as Starbucks CEO is unlike others in the Fortune 100, according to Timothy Hubbard, assistant professor of management at the University of Notre Dame. “I believe he was able to show himself that companies can be financially successful while being socially responsible. That’s quite a different experience than other CEOs.”
Market Screener -
Award-winning paper uses EDGAR IP data to track correlation to portfolioAssistant professor of finance Huaizhi Chen and his co-authors have won this year's Richard A. Crowell prize for their paper "IQ from IP: Simplifying Search in Portfolio Choice," which links performance with portfolio managers' EDGAR searches.
Pensions & Investments