Fisher Research and Insights Forefront

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Topics: Corporate Governance
What CEO departures say about the economy
December 9, 2019
Bloomberg

What CEO departures say about the economy

The correlation between CEO turnover and gross domestic product is robust, and research from Assistant Professor of Finance Jack Liebersohn and his colleague, Heidi Packard, of the University of Michigan, demonstrates the relationship.
May 9, 2019
Brookings

Hutchins Roundup: Distressed banks, housing and black wealth, and more

Researchers including Fisher's Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and René M. Stulz, the Everett D. Reese Chair of Banking and Monetary Economics, find that financially distressed banks don’t try to gamble their way out of trouble by making riskier loans or investments, but instead act to decrease their debt and raise additional equity. 
February 4, 2019
Harvard Business Review

When environmental regulations are tighter at home, companies emit more abroad

Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate at Fisher, and his colleague find that global emission levels are lower for countries with tighter domestic environmental regulations. However, companies with overseas facilities tend to emit more abroad, particularly in countries with laxer environmental standards.