Black Lives Matter has $42 million in assets
The Associated Press
The foundation started by organizers of the Black Lives Matter movement is still worth tens of millions of dollars, after spending more than $37 million on grants, real estate, consultants, and other expenses, according to tax documents filed with the IRS. The tax filing suggests the organization
May 17, 2022
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
Some health insurers fudged medical spending numbers: researchers
About 14% of U.S. health insurers impacted their Affordable Care Act medical loss ratio rebate bills before 2016 by overestimating how much they spent on health care, according to a new accounting research by Associate Professor of Accounting Andy Van Buskirk and his colleagues.
March 18, 2021
Health insurers are over-reporting the cost of benefits — why it matters
Fisher College of Business
The Affordable Care Act requires insurance companies to report the benefits they pay out to policyholders. Accounting research by Associate Professor Andrew Van Buskirk and his colleagues reveals just how off these reported estimates can be — and why.
March 16, 2021
Obamacare insurers inflate claims to reduce refunds, study says
Research by Associate Professor of Accounting Professor Andy Van Buskirk and his colleagues details how some Obamacare insurers have used estimating practices to short-change their consumers by hundreds of millions of dollars.
March 16, 2021
NRA trying to change venue with bankruptcy filing
The NonProfit Times
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 18, 2021
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 13, 2021
Corporate fraud may lead to neighborhood financial crimes
The Ohio State University
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 16, 2020
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.
August 11, 2020
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.
August 7, 2020