In the news
In the news
Contrary to the rap on passive investors, mutual firms focusing on the passive approach actually work to complement and even boost aggressive shareholder activism. Reuters and Investment Week cited studies co-authored by Assistant Professor of Finance Ian Appel that made this counterintuitive finding.
Would Hillary Clinton’s proposed expansion of Social Security help those who leave the workforce to care for their children or elderly parents? In examining that question, Money cited a Center for Retirement Research study. The Center’s research on Social Security also came up in a CNBC report. The Wall Street Journal, U.S. News & World Report, and CBS Moneywatch referenced Center scholarship on slumping pension returns, and empty nesters’ and retirees’ options for saving and employment.
When vice presidential nominee Mike Pence’s 1997 comments about working mothers came to light, Money brought a Center for Work and Family study to bear. The Center’s research on work-life balance was also covered by Fortune, Slate, and Forbes.
Edward Chazen, senior lecturer in business law and society, spoke to WalletHub—for its “2016’s Best Large Cities to Live in” feature—about the factors that would-be homebuyers should consider before committing to a house or neighborhood, among other topics.
The Irish Times, Belfast Telegraph, and Boston Globe reported on the Chief Executives Club’s trip to Dublin for the Aer Lingus College Football Classic (BC vs. Georgia Tech) and associated networking events, including a keynote speech by the CEO of Coca-Cola.
The Boston Irish Reporter profiled Joseph Corcoran, founder of the Joseph E. Corcoran Center for Real Estate and Urban Action and recent winner of the Robert F. Kennedy Children’s Action Corps’ Embracing the Legacy Award. A student field project for the Center was detailed in Boston College Magazine.
The economy is “pretty darn close” to full employment, said Robert Kaplan. The Wall Street Journal and Reuters reported on the Dallas Federal Reserve Bank president’s remarks to the Carroll School's Finance Conference.
An EagleEye device enabled a young boy to communicate with his family, reported Fox 43 in a story on technology developed by James Gips, the John R. and Pamela Egan Chair in Computer Science and a professor of information systems.
White-collar millennial dads are happier than their male cohorts without kids, but they are struggling to “have it all,” according to a new report released by the Center for Work and Family. Brad Harrington, executive director of the Center and adjunct research professor of management and organization, shared his findings with the Diane Rehm Show, PBS’s To the Contrary, CNN, the New York Daily News, and the Miami Herald.
Professor of Finance Edward Kane commented in the New York Times on the release of the congressional report “Too Big to Jail,” showing how the bank executives responsible for the 2008 financial crisis got off lightly, with a settlement.
The American Marketing Association (AMA) called Accenture Professor Katherine N. Lemon one of the field’s “top researchers.” Lemon shared her research with the AMA and KUTV in Salt Lake City suggesting that businesses can drive sales by soliciting positive comments.
Income inequality may be affecting the quality of organizational leaders, says Sean Martin, assistant professor of management and organization. The Los Angeles Times reported on a study in which Martin and collaborators found that West Point graduates who had grown up affluent tended, as officers, to evince low empathy and other narcissistic behaviors.
Associate Professor of the Practice of Finance Richard McGowan, S.J., lent his perspective to the Financial Times regarding Donald Trump’s casino controversies. McGowan also spoke with NPR for a report on how states are gambling on casinos to solve their budget woes, and with CBS MoneyWatch and the Boston Globe for stories on the dynamic fantasy sports market.
Thinking of taking funds out of your 401(k) early? You might regret it, Alicia H. Munnell told CBS Evening News. The Peter F. Drucker Chair in Management Sciences and director of the Center for Retirement Research also weighed in on Social Security and raising the retirement age in the New York Times, Bloomberg Businessweek, and Money.
When making decisions without female input, men are less likely to compromise, according to research co-conducted by Coughlin Sesquicentennial Assistant Professor of Marketing Hristina Nikolova and another marketing scholar. The Washington Post, Money, and the Daily Mail covered the study, which found that in all-male negotiations, “men take actions that are maximally different from feminine norms, which prioritize moderation.”
Retirees don’t want to think about death, which is why so few purchase annuities, according to Linda Court Salisbury and Gergana Y. Nenkov, associate professors of marketing. PlanSponsor and MarketWatch reported on their research.
What if GE does not produce enough jobs to justify the state’s investment in welcoming the company (in the form of tax breaks)? One hedge is that the site of GE’s new headquarters will remain publicly owned real estate, Vice Provost for Faculties Billy Soo, who is also an associate professor of accounting, told the Boston Globe.
The Winston Center for Leadership and Ethics hosted 2014 Boston Marathon champion Meb Keflezighi for a standing-room-only speaking event. Keflezighi talked about the discipline and patience required to achieve his goals, as reported by CBS Boston.
Warren Zola, director of the Chief Executives Club and an adjunct faculty member in business law and society, opined on NBA player salaries and NFL commissioner Roger Goodell’s expansion of power to the New York Times and CBS Boston, respectively.
Marcos Carreño, Courtney Fogleman, Jiaqi Gong, and Mark Piorkowski—all MSA ’15—earned the American Institute of CPAs’ 2015 Elijah Watt Sells Award for their high scores on the CPA exam.
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