Fisher Research and Insights Forefront
![New ETFs, forced to chase trends, shorten their own lives](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/merlin_154989072_b7ccabae-b6cc-4884-9397-7fa2d68bc556-superJumbo.jpg?VersionId=AJmrdX0yVQUpHLF2A8pxxPE_tAoS0RX6&itok=tbLb3oFr)
February 5, 2021
The Wall Street Journal
The Wall Street Journal
New ETFs, forced to chase trends, shorten their own lives
A study by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and Fisher PhD candidate Byung Wook Kim finds that many new ETFs invest in overvalued stocks, and then lag behind the broad market’s returns.
![Tracy Dumas](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/2021-02/fisher_faculty_097.jpg?VersionId=gT7hMUIinKE283U6MiAZ2cSgCkJXJnx7&itok=OS8AdFGh)
February 3, 2021
WBNS-10TV
WBNS-10TV
Working women dropping in droves due to pandemic
A new study with ties to Ohio State details just how many working women are sacrificing their own careers to help with childcare during the pandemic. Associate Professor of Management and Human Resources Tracy Dumas discusses the disproportionality as well as ways employers can help accommodate employees who are responsible for childcare.
![Ohio State finance professor explains what’s happening with Robinhood and GameStop](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/GettyImages-1230829974.jpg?VersionId=xNSUkclGhoMx2QQPfMkV24nx3g1ui2sH&itok=H4b7dgf3)
January 28, 2021
NBC4
NBC4
Ohio State finance professor explains what’s happening with Robinhood and GameStop
Finance lecturer Matt Sheridan on the Robinhood and GameStop situation: "This is so crazy that if this was the plot of an episode of Showtime’s "Billions," people would think it’s too unrealistic." He explains the factors at play in the unique investing situation.
![Computer screen showing business growth chart](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/2021-01/computer-767776_1920.jpg?VersionId=NlAPIs3JqyaCCc2IqeQ8eYrlf9619SH4&itok=fZ08fpTF)
January 27, 2021
Fisher College of Business
Fisher College of Business
Latest Middle Market Indicator reveals a market poised for recovery
After a tumultuous year, a more optimistic outlook prevails for the middle market segment of the U.S. economy, according to the latest research from the National Center for the Middle Market.
![Thematic ETFs can deliver significant losses, academics find](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/https%253A%252F%252Fd1e00ek4ebabms.cloudfront.net%252Fproduction%252Fe7d9bb4b-1d5a-405a-b97a-e96048e0d143.jpg?VersionId=Jga8EWUb8GqTQjoh6nemsGM2ABoXAu0k&itok=OBh_mqOl)
January 26, 2021
Financial Times
Financial Times
Thematic ETFs can deliver significant losses, academics find
Research conducted by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and his colleagues, shows average returns underperform the market by about four percentage points a year. The researchers argue that the huge growth in the ETF industry has intensified competition to the point that issuers are “competing for investors’ attention by emphasizing either the low price or the product’s unique features."
![The NRA declares bankruptcy: 5 questions answered](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/file-20210121-15-1s40hu2.jpg?VersionId=nlC2Jb9mUYPLd21.Sbl9VZLVXKg6EChK&itok=-yVh5DTS)
January 22, 2021
The Conversation
The Conversation
The NRA declares bankruptcy: 5 questions answered
While declaring bankruptcy, the gun group confusingly said it was in great financial shape. Brian Mittendorf, the Fisher Designated Professor in Accounting, and his colleagues answer questions about the organization's recently announced move.
![Stock image of solar panels](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/2021-01/solar-system-2939560_1920.jpg?VersionId=JeOmWCDkfsVzAWOIPW1TQn0QNsAOJCIf&itok=jZO3wNNv)
January 21, 2021
Bloomberg
Bloomberg
Day-trader frenzy for trendy stocks is defying decades of losses
New research from Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, doctoral student Byungwook Kim and their colleagues found that “Demand for specialized ETFs comes from unsophisticated investors who chase investment ideas that, in their view, will produce higher expected returns.” The result are overvalued stocks that actually lost as much as 5% per year on a risk-adjusted basis between 2000 and 2019.
![NRA trying to change venue with bankruptcy filing](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/NRA-logo.png?VersionId=SI5bv3ZG1X2Xr6gzrN99lM.1aEu7T7fA&itok=6KQq19IE)
January 18, 2021
The NonProfit Times
The NonProfit Times
NRA trying to change venue with bankruptcy filing
Brian Mittendorf, the Fisher Designated Professor of Accounting, tracks NRA finances and says signs from the NRA’s announcement indicate that the bankruptcy filing has little to do with restructuring debt but rather a legal strategy.
January 15, 2021
The Wall Street Journal
The Wall Street Journal
The story behind the market’s hottest funds
Research from a pair of finance faculty members, including Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, provides context to a closer look at the performance of specialized — or thematic — Exchange Trade Funds (ETFs).
![Want a hot stock tip? Avoid this type of investment fund](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/1920_investing.jpg?VersionId=QpJYoemhIpJ6jHIBp8j8QgM7E6fPF2sm&itok=Mq09ltnF)
January 15, 2021
The Ohio State University
The Ohio State University
Want a hot stock tip? Avoid this type of investment fund
Are specialized Exchange Trade Funds (ETFs) that are built around hot industries like cannabis, cybersecurity, and work-from-home businesses good ideas? Research from Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and PhD candidate Byungwook Kim provides a cautionary tale for investors.
![Research affiliates quant warns of Bitcoin market manipulation](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/Headshot_0.jpg?VersionId=NsqEn56Je_waXp7igH1sqvTAN2Ty8Tvp&itok=P9oXehOQ)
January 14, 2021
Bloomberg
Bloomberg
Research affiliates quant warns of Bitcoin market manipulation
In 2017, Alex Pickard had made so much money from Bitcoin that he quit his job in finance and moved to Washington state to mine digital coins full time. Less than a year later, the venture had failed and he was back at quant firm Research Affiliates.
![Shareholder lawsuits and CEO turnover decisions](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/xue_wang_photo.jpg?VersionId=D_sUOnFGNL8asaWARLDqQSNbnjbzrHBf&itok=ziNFVR-q)
January 13, 2021
LexBlog
LexBlog
Shareholder lawsuits and CEO turnover decisions
In a recent study, Xue Wang, associate professor of accounting and management information systems, and her colleagues move the debate on shareholder lawsuits forward by studying the impact of shareholder litigation threats on CEOs’ employment.
January 8, 2021
Bloomberg
Bloomberg
Elon Musk debates: How to give away world’s biggest fortune
Brian Mittendorf, the Fisher Designated Professor in Accounting and an expert in nonprofits, shares some insights regarding Elon Musk's desire to give his fortune away to philanthropy. Mittendorf's advice: avoid the temptation to reinvent philanthropy and instead focus on causes and frameworks already in place.
![Supply chain resilience: Building an effective disaster management plan](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/Alex_Stemmer.5fdcf3bf5b0c5.png?VersionId=_XgsDJerO8ndB3sqKNc_r_1XE7BH0ymS&itok=z3j9Et2t)
December 28, 2020
Supply and Demand Chain Executive
Supply and Demand Chain Executive
Supply chain resilience: Building an effective disaster management plan
Phil Renaud, executive director of the Risk Institute, writes that it is more important than ever that organizations pay attention to the business resilience needs of corporations facing severe weather-related risks.
![Li named a 2021 Young Scholar by the Marketing Science Institute](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/img_0116.jpg?VersionId=G7czxh9NAeJg2G5iZm2fgItLVKbF1RXb&itok=QivasAms)
December 22, 2020
Marketing Science Institute
Marketing Science Institute
Li named a 2021 Young Scholar by the Marketing Science Institute
Assistant Professor of Marketing Alice Li joins exclusive company in being named one of the Marketing Science Institute's 2021 Young Scholars.
![Understanding envy: Facing professional envy](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/AnxiousAnxiety_WP_Wide_1200.png?VersionId=1ceHvn3KO9K74e7zCsCuiWIDu8dly7hM&itok=eZrl8CK_)
December 21, 2020
Harvard Business Review
Harvard Business Review
Understanding envy: Facing professional envy
Envy is a natural human emotion, but it’s often misunderstood when it comes up at work. Professor of Management and Human Resources Tanya Menon discusses how drawing boundaries can help us handle competition, fear, and jealousy in our careers.
![2020: The year human leaders stepped forward](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/https%253A%252F%252Fspecials-images.forbesimg.com%252Fimageserve%252F5fdb51370ab9e3249a848035%252F0x0.jpg?VersionId=zZ9Z12Btra9A_JH4eB335b0dvMFqNfs8&itok=fOThfAgA)
December 17, 2020
Forbes
Forbes
2020: The year human leaders stepped forward
Faceless, top-down leadership has become stale, fake and ineffective. 2020 is the year smart managers realized they needed to be human too. Research from Management and Human Resources professor Jasmine Hu shows how servant leadership can be a powerful tool in how managers lead.
December 5, 2020
The Wall Street Journal
The Wall Street Journal
Stock Buybacks: What every investor needs to know
They have been attacked by many academics and progressive politicians. Now, with a new administration, the battle could soon get even more heated. Rene Stulz, the Everett D. Reese Chair of Banking and Monetary Economics, shares insights into stock buybacks.
![Corporate fraud may lead to neighborhood financial crimes](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/1920_2048px-enron-complex.jpg?VersionId=1ywGaZwWdS6_y5t8dmqNyrz34hb5A3c0&itok=7kZjHEDO)
November 16, 2020
The Ohio State University
The Ohio State University
Corporate fraud may lead to neighborhood financial crimes
Does corporate fraud have an impact on the crime rate in the area in which the misconduct happens? Research from Assistant Professor of Accounting Eric Holzman and his colleagues shows an interesting correlation.
November 13, 2020
Fisher College of Business
Fisher College of Business
Servant leadership amid a pandemic
As leaders navigate the workplace challenges that COVID-19 continues to present, Management and Human Resources Professor Jasmine Hu explores one style that effective managers can employ to help their teams cope and turn negative feelings into positive action.
![Why you should apply design thinking to the employee experience](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/43406017_thumb5_690x400.jpg?VersionId=NtalRTH48fri98Y.gXABCwwzP44VPkW0&itok=UFrLRvgr)
November 10, 2020
strategy+business
strategy+business
Why you should apply design thinking to the employee experience
COVID-19 has forced changes in the way people work — and created a once-in-a-generation opportunity to increase engagement and productivity, write Tom Stewart, executive director of the National Center for the Middle Market.
![The link between the stock market and the economy Is weakening](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/1200x-1_1.jpg?VersionId=WzXNFWPWC0iZmZbf.cKHdhVVsfrnrSMH&itok=FJodygSu)
November 3, 2020
Bloomberg
Bloomberg
The link between the stock market and the economy is weakening
The stock market is often misused as a bellwether for the economy, especially in political debates. Yet the market has never reliably moved in concert with the economy. And today the connection between the two is weaker than at any point since World War II, according to research by Rene Stulz, Everett D. Reese Chair of Banking and Monetary Economics at Fisher, and a colleague.
![Why communicating your goals might be one of the best career decisions you can make](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/1%2AX2PZILEAwuHFsJw1fm6FFQ.jpeg?VersionId=PS.EFUx5lUNRPe.FkVibGeLh5tuOcdNK&itok=2Gy34_wY)
November 1, 2020
Medium
Medium
Why communicating your goals might be one of the best career decisions you can make
When we keep our goals to ourselves, we lack accountability. A study conducted by Howard Klein found that people showed a greater commitment to their goals and performance when they shared their goals with people of higher status.
November 1, 2020
Insider
Insider
Female college athletes from across the US say they've been bullied, manipulated, and psychologically abused by their coaches
In speaking with 17 former college athletes from 10 universities around the U.S. about their negative experiences with coaches, a pattern emerged of psychological and emotional abuse in women's sports. Ben Tepper, the Abramowitz Memorial Professor and chair of the Department of Management and Human Resources at Fisher College of Business, told Insider that college sports often provide "the perfect storm" of circumstances that can lead to abuse.
![How people would choose who gets scarce COVID-19 treatment](https://s3.us-east-2.amazonaws.com/files.fisher.osu.edu/public/styles/newsroom_image_1x/public/1920_covidtreatment1.jpg?VersionId=p6BdPQsbP.q0kjSaN3UALl7Ts2NFsP0o&itok=H_uDZETG)
October 29, 2020
The Ohio State University
The Ohio State University
How people would choose who gets scarce COVID-19 treatment
With the very real possibility of a second wave of COVID-19 cases spiking soon, research by Yunhui Huang, assistant professor of marketing, reveals the characteristics that individuals from around the world identified as taking priority for a hypothetical allocation of a life-saving ven