Institutional backers have reaped rewards while bringing funding and efficiency to some of the world's biggest airports, but not in this country. Now, that may be about to change. Research by Finance Professor Michael Weisbach shows that privatization of airports can lead to positive changes without sacrifices to safety.

Research from Isil Erel, the David A. Rismiller Chair in Finance at Fisher, and Michael Weisbach, the Ralph Kurtz Chair in Finance, adds to insights related to the use of Artificial Intelligence in hiring and human resources management.

Assistant Professor of Finance Shaojun Zhang explains her research and her structural model-based measure of systemic default, which measures the joint probability of multiple companies defaulting simultaneously.

Leaders at The Risk Institute share considerations stemming from the Securities and Exchange Commission's recent cybersecurity disclosure rules — and what they mean for public companies. 

Companies that want to avoid the harms of AI, such as bias or privacy violations, lack clear-cut guidelines on how to act responsibly.

How did risk factor in the recent failure of two national banks? Isil Erel, the academic director of the Risk Institute, and Noah Jellison, the institute's executive director, share their insights and what other organizations can learn from these failures.

Carbon reporting is becoming mandatory for many companies. Christian Blanco, assistant professor of operations and business analytics, shares insights into how companies can prepare for disclosing their carbon emissions and policies.

Carbon reporting isn’t a perfect system. But it can help you to lower climate-related financial risk, spur innovation and reduce emissions, writes Christian Blanco, assistant professor of operations and business analytics.

New research from Mona Makhija, professor of management and human resources, and Kiran S. Awate (PhD '18), assistant professor at Virginia Tech, details the "double-edged sword" that patent lawsuits can present: defending a patent can often reveal valuable proprietary information. 

Experts, including Assistant Professor of Operations and Business Analytics Christian Blanco, explain the intricacies behind efforts to effectively measure and report indirect emissions by companies across their entire supply chains. The piece is part of a series that explores a recently proposed climate disclosure rule from the U.S. Securities and Exchange Commission (SEC).

What can we learn from companies’ climate change disclosures? A lot, actually. Research from Assistant Professor of Operations Christian Blanco reveals how companies’ understanding of their environmental impact has improved over the past 20 years.

When it comes to Environmental, Social and Governance (ESG) investing, too many focus on the environmental and social, when often the governance can be even more impactful on the future of the company and the return on an investment. Isil Erel, the David A. Rismiller Chair in Finance at Fisher, discusses how governance is changing and how AI is affecting that change.

In a list of political figures' favorite books from 2021, John B. Taylor, former undersecretary of the Treasury for international affairs and a professor of economics at Stanford, recommended "The Economist’s Craft," authored by Michael Weisbach, the Ralph Kurtz Chair in Finance at Fisher. The book "shows how to understand economics in a way that’s entertaining for anyone who has ever been a student, or simply likes to read, write or talk economics."

How can companies retain experienced older workers who may be considering retirement? New research by Associate Professor of Management and Human Resources Kaifeng Jiang suggests companies adapt their work environments for these individuals to include autonomy, participation in decision-making, information sharing, training opportunities and good compensation.

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.

A new machine-learning algorithm developed by Fisher's Isil Erel, the David A.

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).

Research by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate at Fisher, shows that tough environmental laws in one country can lead to "carbon leakage" to other nations. The findings underscore the importance of "worldwide collective action to combat climate change."

Anti-pollution laws penalize firms whose activities emit CO2. Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, talk about his research that shows well-intentioned regulation may be causing multinationals to push polluting activities to poorer countries where regulation isn’t so strict.

Research by Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate, and his colleagues shows how countries' strict environmental regulations factor into companies' decisions to locate facilities.

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.

As workplaces begin to re-open and safety jumps to the forefront, research by Fisher's John Gray and his colleagues shows that ensuring workplace safety doesn't necessarily equate to the long-term survival of a business. In fact, companies that provide safe workplaces are more likely to go out of business than those that do not. 

In principle, a company's board of directors reports to the shareholders and represents their interests. In practice, however, there is much variation in director quality and the extent to which they serve shareholders’ interests. A study by Isil Erel, the David A. Rismiller Chair in Finance, and Michael Weisbach, the Ralph Kurtz Chair in Finance, and a colleague shows how a 21st-century technology, machine learning, can help companies select higher quality directors.

The virus outbreak supercharged a continuing shift in the markets, with a few giant companies now exerting the most influence over the direction of stocks since the tech boom. Research by Rene Stulz, the Everett D. Reese Chair of Banking and Monetary Economics, shows as bigger companies have steadily grown, they’ve also snagged a larger share of profits.

Itzhak Ben-David, the Neil Klatskin Chair in Finance and Real Estate at Fisher, and his colleagues provide new evidence on what policymakers often call carbon leakage – where firms from highly regulated home countries locate their carbon dioxide-intensive activities abroad in countries where environmental regulation is less strict.