Fisher Research and Insights Forefront

Itzhak Ben-David
October 5, 2020
U.S. News & World Report

Money worries raise suicide risk in people with ADHD

There's a link between attention-deficit hyperactivity disorder (ADHD), financial stress and suicide risk, suggests a new study by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and his colleagues.
Demand for eco-friendly products persists as pandemic drives single-use products
September 30, 2020
Columbus CEO

Demand for eco-friendly products persists as pandemic drives single-use products

People turn to products viewed as safer in times of a public health crisis, says Rebecca Reczek, the Dr. H. Lee “Buck” Mathews Professor of Marketing. In many cases this aversion to sustainable products is due to perception, she says.
Financial distress linked to suicide risk in people with ADHD
September 30, 2020
The Ohio State University

Financial distress linked to suicide risk in people with ADHD

Attention deficit hyperactivity disorder is linked to higher levels of financial distress in adults – and a fourfold higher risk of suicide for those with the most debt, according to a large population study conducted by Ohio State researchers, including Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate.
Stock image of Columbus skyline
September 28, 2020
The Ohio State Center for Real Estate

Appreciating Real Estate: Mark Wagenbrenner, Wagenbrenner Development

In this episode of Appreciating Real Estate, Executive Director Mary Beth McCormick talks with Mark Wagenbrenner, founder of Wagenbrenner Development, and managing principal and president of Thrive Companies. 
"Dark stores" fulfill online grocery orders — but for how long?
September 15, 2020
Marketplace

"Dark stores" fulfill online grocery orders — but for how long?

Online grocery shopping has taken off during the pandemic, and companies are introducing a new type of store meant to fulfill online orders. But part of the reason the future is unclear is not everyone is online ordering experiences have been stellar, says Terry Esper, associate professor of logistics.
There's a Better Way Podcast: Consumers and recycling behavior
September 15, 2020
Fisher College of Business

There's a Better Way Podcast: Consumers and recycling behavior

As part of the “There’s a Better Way” podcast, Joe Goodman, chair of the Department of Marketing and Logistics, sits down with Nicole Sintov, assistant professor of behavior, decision making and sustainability at Ohio State's School of Environment and Natural Resources discuss
The biggest money mistakes people make in a recession
September 13, 2020
The Wall Street Journal

The biggest money mistakes people make in a recession

Facing a downturn is hard enough without falling into the common traps in the way we save, invest and spend. Assistant Professor of Marketing Grant Donnelly says his research suggests that discussing money with your partner in hard times can help your relationship and finances if you approach these discussions the right way.
The psychology behind why we still can’t get enough of Usain Bolt
September 11, 2020
Runner's World

The psychology behind why we still can’t get enough of Usain Bolt

According to a recent study published in Journal of Personality and Social Psychology, there’s a reason why we tend to cheer for one person instead of a team. Researchers, including Fisher's Jesse Walker, found that people were more invested in the success of one athlete — in this case, Usain Bolt — as opposed to the success of his team.
Appreciating Real Estate: Jeff Witherell, Plymouth Industrial REIT
September 9, 2020
The Ohio State University Center for Real Estate

Appreciating Real Estate: Jeff Witherell, Plymouth Industrial REIT

In this episode of the Center for Real Estate's Appreciating Real Estate podcast, Executive Director Mary Beth McCormick talks with Jeff Witherell, co-founder, chairman and CEO of Plymouth Industrial REIT. They discuss the company, what it does, how it has grown and the secret to Jeff's success and advice to real estate students.
Business school rankings could promote racial equity, but don't
September 8, 2020
Inside Higher Ed

Business school rankings could promote racial equity, but don't

Want to address systemic racism at business schools? Seven business school scholars, including Tanya Menon, professor of management and human resources at Fisher, suggest starting with MBA program rankings.
Just how much of a role can technology play in bridging the flood insurance coverage gap?
September 4, 2020
Risk & Insurance

Just how much of a role can technology play in bridging the flood insurance coverage gap?

Insurance prides itself on its ability to model risk, but when it comes to predicting flood damage, it consistently falls short. Technology and better mapping is just one aspect of handling catastrophic flooding. Understanding business resilience is another, says Phil Renaud, executive director of the Risk Institute.
Stock market graphic
August 31, 2020
The Harvard Law School Forum on Corporate Governance

The performance of hedge fund performance fees

On its surface, the structure of hedge fund incentive fees appears to closely align the incentives of hedge fund managers and hedge fund investors. But how do these incentive fees fare in practice? Research from Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, Associate Professor of Finance Justin Birru, and a colleague explores these fees.
People love winning streaks by individuals — teams, not so much
August 31, 2020
The Ohio State University

People love winning streaks by individuals — teams, not so much

People enjoy witnessing extraordinary individuals – from athletes to CEOs – extend long runs of dominance in their fields, a new study suggests. But they aren’t as interested in seeing similar streaks of success by teams or groups. “Everyone wants Usain Bolt to win another gold medal for sprinting. Not so many people want to see the New England Patriots win another Super Bowl,” said Jesse Walker, lead author of the study and an assistant professor of marketing.
New York Stock Exchange
August 27, 2020
Seeking Alpha

The impact of concentration of assets at institutional fund managers

The trend to passive investing has led to a dramatic increase in the share of assets concentrated in the hands of a few large institutional fund companies. Research by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and his colleagues concluded that “ownership by large institutions is associated with higher stock price volatility, autocorrelation in returns (a measure of price inefficiency), and a greater magnitude of price drops at times of market stress (a measure of price fragility).”
Collage of 2020 New Faculty members
August 24, 2020
Fisher College of Business

Meet Fisher's newest faculty members

Meet the researchers and thought leaders who have joined Fisher’s world-class faculty ahead of the 2020-21 academic year.
Why some gifts are better-received than others
August 23, 2020
U.S. News & World Report

Why some gifts are better-received than others

It may seem like a paradox, but giving someone a gift to help them save money is a sure way to make them hate it. The reason: It will make the recipient feel inferior to you, according to research by Assistant Professor of Marketing Grant Donnelly and his colleagues. In contrast, a gift that helps a recipient save time is taken as a compliment.
Hedge fund fees — whether or not you make money — are truly shocking
August 22, 2020
MarketWatch

Hedge fund fees — whether or not you make money — are truly shocking

If you already see hedge fund fees as exorbitant, you ain’t seen nothing yet. Over the past two decades, the hedge fund industry has kept 64 cents of every dollar of gross profits that it has generated above the risk-free rate. This, according to research by Itzhak Ben-David, the Neil Klatskin Chair in Real Estate and Finance, and Finance Professor Justin Birru, and a colleague.
There's more big tech in your life than you even know. Check out your stock portfolio
August 20, 2020
NPR

There's more big tech in your life than you even know. Check out your stock portfolio

This year, index fund investors are making money all right. But it's come with some risks: Much of the gains are due to half a dozen ultra-hot technology stocks. Lu Zhang, the John W. Galbreath Chair in Finance, provides some additional context to the presence of tech stocks in our portfolios.
Hedge fund investors get a raw deal from incentive fees
August 17, 2020
The Ohio State University

Hedge fund investors get a raw deal from incentive fees

Investors who put their money in hedge funds may find that the fees are much higher than expected, a new study from Itzhak Ben-David, the Neil Klatskin Chair in Real Estate, and Associate Professor of Finance Justin Birru suggests. Most hedge funds charge their clients incentive fees of about 20 percent of gains made over a specified benchmark. But in a study of 6,000 hedge funds over 22 years, researchers found that those fees ended up costing investors nearly 50 percent – about 2.5 times more than the average fee rate on paper.
Terry Esper
August 12, 2020
Fisher College of Business

Racial bias on our doorstep

From the disclosure of delivery information designed to improve our online shopping satisfaction to examining the biases that we may not know we hold, research by Logistics Professor Terry Esper is helping companies reexamine and improve driver safety and their delivery processes.
CFOs think they know more than they do
August 11, 2020
Institutional Investor

CFOs think they know more than they do

A new study by Itzhak Ben-David, the Neil Klatskin Chair in Real Estate, and colleagues from Duke, examined thousands of finance executives’ S&P 500 projections over time for one behavioral bias: excess conviction. The study, a follow-up to an earlier research project, found the overconfidence bias to be greater than even the original landmark research found.
Top 10 institutional investors fuel market volatility, study finds
August 8, 2020
Financial Times

Top 10 institutional investors fuel market volatility, study finds

BlackRock, Vanguard, State Street, Fidelity and Capital Group are driving up equity market volatility and fuelling mispricing in company stocks, according to an analysis that raises fresh questions over the regulatory oversight of the largest asset managers. The study was produced by Itzhak Ben-David, the Neil Klatskin Chair in Real Estate, and his colleagues.
Joining the S&P 500 may not be as big a boon as often assumed
August 7, 2020
The Economist

Joining the S&P 500 may not be as big a boon as often assumed

New research from Rene Stulz, the Everett D. Reese Chair of Banking and Monetary Economics, and his colleagues suggests that the share-price premium for entering Wall Street’s flagship index isn’t what it used to be.
Why New York is suing the NRA: 4 questions answered
August 7, 2020
The Conversation

Why New York is suing the NRA: 4 questions answered

As New York state moves forward with a lawsuit against the National Rifle Association and four of its current and former officials for allegedly benefiting personally from the improper use of its funds, Brian Mittendorf, the Fisher Designated Professor in Accounting and a nonprofit expert, explains what the repercussions might be for the gun group and its leaders.
Hedge funds might charge 2-and-20, but investors are paying a lot more
August 5, 2020
Institutional Investor

Hedge funds might charge 2-and-20, but investors are paying a lot more

Investors give up nearly half of their gross profits through incentive fees, according to a working paper authored by Itzhak Ben-David, the Neil Klatskin Chair in Real Estate, and Justin Birru, associate professor of finance, and a colleague.