The NRA uses creative accounting to post surge in revenue
The embattled National Rifle Association reported some good news to its supporters earlier this year: Revenue from membership dues jumped 33% last year to $170 million. But that picture may not be as rosy as those numbers suggest: “The NRA is increasingly reliant on selling long-term memberships” and counting much of the revenue the first year, said Brian Mittendorf, the Fisher Designated Professor in Accounting. “A very conservative approach with a five-year membership would be to record one-fifth in the current year and defer the rest.”
July 10, 2019
How a lawsuit could reveal secrets about Silicon Valley’s favorite philanthropic loophole
When professor Brian Mittendorf asks his lecture hall full of accounting students on the first day of each semester to name the 10 highest-grossing charities in the U.S., the Red Cross, United Way or Habitat for Humanity come easily. But his students miss some big ones.
July 2, 2019
How companies like Amazon are shifting logistics to a consumer-centric approach
Pro Food World
Fisher's Terry Esper discussed the “consumer-centric” supply chain at the WERC Annual Conference for Logistics Professionals in Columbus, saying that 67 percent of business buyers have switched vendors to get a more consumer-like experience, and in the days of Amazon, logistics matters more than it ever has.
June 28, 2019
Why building diverse friendships can improve your career
Research by Steffanie Wilk, associate dean for diversity and inclusion at Fisher, shows that workers with more diverse personal relationships were, not surprisingly, better at building a racially diverse network on the job. This broader network is invaluable in improving career outcomes.
June 27, 2019
Risk analysts rewrite playbook for climate-driven disasters
Record damages and the increasing frequency in climate change-related weather events have driven risk analysts into uncharted waters in predicting the magnitude of future risks or finding ways to minimize or avoid them. "Whether it's fires or flooding or hurricanes, companies are starting to think that what used to be a once-in-500-years event may perhaps now be a 10- to 20-year event," said Phil Renaud, the executive director of the Risk Institute.
June 25, 2019
Wrongful death lawsuits, Legionnaires’ outbreak damage Mount Carmel brand, experts say
Experts in crisis management say the damage to the Mount Carmel brand is significant but not beyond repair. Deborah Mitchell, who teaches marketing at Fisher College of Business, says there are plenty of examples of company brands surviving extraordinary damage.
June 14, 2019
Is your business cyber resilient?
Philip S. Renaud, executive director of the Risk Institute, details research from the center that found 28 percent of financial, non-financial, public and private firms have been victims of a cyber-attack, and that 33 percent of firms don’t think that they are at risk of a cyber-attack.
June 11, 2019
Concentration in the asset management industry and stock prices
Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate at Fisher, and his colleagues studied the impact of large institutional ownership on stock prices in the US market. The researchers showed that ownership by large institutions increases volatility in the underlying securities, and that this increase reflects a rise of noise in stock prices.
June 10, 2019
Mutual fund flows & factor premiums
Most mutual fund investors trade on noise rather than fundamentals. Research by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and his colleagues, shows that many mutual fund investors "naively rely on external rankings as a way to chase past winners."
June 4, 2019
There's a Better Way Podcast: Managing effective teams
Fisher College of Business
As part of the "There's a Better Way" podcast, Aravind Chandrasekaran, associate director of the Center for Operational Excellence, talks with Tanya Menon, associate professor of management and human resources at Fisher, about team building, micro- vs.
May 29, 2019
Extroverts have four consistent advantages over everyone else at work
According to a forthcoming publication, extroverts tend to have consistent advantages over everyone else in the workplace, which jibes with other research on the benefits associated with extroversion. For example, extroverts are more likely to become leaders and to lead effectively, according Timothy Judge, the Joseph A. Alutto Chair in Leadership Effectiveness and executive director of the Fisher Leadership Initiative.
May 29, 2019
Creating a culture of continuous improvement
Harvard Business Review
How do organizations remain committed to continuous improvement when the leader who championed lean strategies leaves? Researching within the health care industry, Aravind Chandrasekaran and John Toussaint identify a set of practices that can stop this backsliding and sustain a culture of continuous improvement after such departures.
May 24, 2019
The trouble with extroverted leaders
A good leader needs some kind of presence around the office—how else do you communicate that there’s an authority around? But it seems that while a little attitude can go a long way, too much of it can be counterproductive, according to research by Fisher's Jasmine Hu.
May 19, 2019
As leaks show lavish NRA spending, former staff detail poor conditions at nonprofit
New documents leaked about National Rifle Association top executive Wayne LaPierre's lavish clothing and travel expenses contrast with the culture of fear, poor pay and an underfunded pension described by former staffers. Brian Mittendorf, the Fisher Designated Professor in Accounting, helped NPR review copies of 2019 NRA pension documents.
May 15, 2019
There's a Better Way Podcast: Strategy deployment
Fisher College of Business
As part of the "There's a Better Way" podcast, Aravind Chandrasekaran, associate director of the Center for Operational Excellence, talks with Ellis Jones (MBOE '15), senior director of global environment, health, safety and sustainability for Goodyear, to discuss strategy deployment and how he'
May 14, 2019
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.
May 9, 2019