Declined invitations go over more graciously when lack of money is cited instead of lack of time – new research
Several studies found that using the excuse ‘I don’t have time’ when declining an invitation harmed the relationship with the person who extended it. Citing a lack of money, however, did not create the same negative reaction, writes Assistant Professor of Marketing and Logistics Grant Donnelly and his colleague.
August 3, 2021
Fisher announces renamed department focusing on operations and business analytics
Fisher College of Business
The newly named Department of Operations and Business Analytics will build on Fisher’s pedigree of leadership in operations education while also embracing the study of data as an emerging and valuable tool for the next generation of business professionals. The new name replaces its predecessor, the Department of Management Sciences.
July 19, 2021
Impact of the western U.S. megadrought on food supply chains
Supply Chain Brain
Phil Renaud, executive director of The Risk Institute, discusses how the persistent drought in the western U.S. is forcing food supply chains to rethink their sourcing strategies, as well as pursue longer-term initiatives for coping with the effects of climate change.
July 6, 2021
Upward economic mobility for African Americans is rarer than most people believe
The Journal of Blacks in Higher Education
A new study by Assistant Professor of Marketing Jesse Walker and his colleagues at Columbia University finds that Americans consistently believe that poor African Americans are more likely to move up the economic ladder than is actually the case.
July 6, 2021
Prioritize value over cost for procurement success
Cheaper isn't always better, especially for individuals and companies tasked with purchasing components critical to a line of business. In a piece authored for one of the largest supply chain professionals associations, Professor of Operations John Gray and his colleagues write that total value contribution (TVC), a strategy build around value, not cost, may be a better method for product procurement.
June 23, 2021
The S&P 500 now is top-heavy in 5 big tech stocks but that alone won’t end this bull market
Research from Rene Stulz, the Everett D. Reese Chair of Banking and Monetary Economics, shows the percentage of total corporate profits coming from the 100 biggest earners has skyrocketed over the past three decades. And what previously was a danger sign — outsized valuation — may now be the new normal.
June 9, 2021
How to make vacations seem longer
Vacations and weekend getaways often feel like they end as soon as they begin. But in the months and weeks leading up to a big trip, the opposite holds true. Why? Research from Marketing and Logistics Professor Selin Malkoc explains that the anticipation we feel for a particular event or vacation ends up cutting it short within the mind’s eye. Put another way, excitement for a future occasion makes it feel like it will be over as soon as it gets started.
May 28, 2021
Keeping up with the Joneses and the real effects of S&P 500 inclusion
Columbia Law School
Rene Stulz, the Everett D. Reese Chair of Banking and Monetary Economics, and his colleagues detail a new paper that explores whether a firm’s corporate policies are influenced more by index peers after it becomes a member of the S&P 500 than before.
May 27, 2021
Why a vacation seems like it will end as soon as it begins
The Ohio State University
Vacation...it seems like it takes forever to get here, and then it is over before you know it. Selin Malkoc, associate professor of marketing and a co-author of a new paper, found that we judge future positive events, like vacations, as being both farther away as well as shorter in duration than
May 26, 2021
Researching the power of entrepreneurship among refugee communities
Fisher College of Business
An interdisciplinary research team that includes Andrea Contigiani, assistant professor of management and human resources, has been awarded a grant to study the potential benefits of entrepreneurship training for refugee and other vulnerable populations.
May 13, 2021
How small companies keep big talent
Management and human resources experts Larry Inks and Ray Noe, the Robert and Anne Hoyt Designated Professor of Management and Human Resources at Fisher, add context to a survey conducted by the National Center for the Middle Market. They look at the importance and prevalence of various talent planning activities among middle market firms and assess overall talent planning performance and identifies challenge areas for middle market companies.
May 9, 2021
COVID-19, systems thinking and preparing for the next pandemic
Supply Chain Management Review
Professor of Logistics Michael Knemeyer writes that supply chain disruptions are inevitable. To handle the next pandemic effectively, though, decision makers need to grasp what worked, what didn’t and why.
May 5, 2021
Why you should worry about the flood of new cash into U.S. stock funds
With investments, popular is not better. And the increase of new cash into stocks doesn't always portend good news. In fact, research by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and Byungwook Kim, focused on the specialized ETFs that are created to capitalize on investor fads and market trends, and which typically receive a big influx of cash soon after launch. They found that these ETFs over their first five years after launch lag the market on a risk-adjusted basis by 5% per year on average.
May 4, 2021
Study: Insurers are overestimating costs, lowering rebates owed to policyholders
A recent study by Andrew Van Buskirk, associate professor of accounting, finds health insurance companies are overestimating costs associated with patient care to avoid triggering rebate provisions in the Affordable Care Act (ACA).
April 30, 2021
Stock market valuations have been high for over 20 years — and may never fall again
Research from Rene Stulz, the Everett D. Reese Chair in Banking and Monetary Finance, supports the belief that the shift to a “winner-take-all” economy, in which the largest corporations earn an increasing share of all corporate profits, has resulted in industries being dominated by their very largest companies.
April 23, 2021
COVID-19 disproportionately affected minority businesses, entrepreneurs
Among the trends in entrepreneurship discussed in a new report from the Kenan Institute was the disproportionate impact of the COVID-19 pandemic on small businesses: minority- and women-owned firms did not have access to funds available through the Payroll Protection Program (PPP) and the Economi
April 22, 2021
How more alcohol availability hurts finances for some people
The Ohio State University
A new study by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, provides the best evidence to date that an increase in the availability of alcohol is linked to more financial troubles among the disadvantaged.
April 20, 2021
Coinbase IPO: Digital currency won’t replace dollar any time soon
A major trader of digital currency went live on the NASDAQ Wednesday, soaring and plunging in the first few hours of trading. Although it’s an exciting day for digital currency, it doesn’t mark the end of dollars and cents, says Matt Sheridan, a senior lecturer in finance. It does, however, legitimize other crypto assets such as Bitcoin.
April 14, 2021