Jan 16
The CBO estimates that the under the likely scenario (a three-degree warming trend), the GDP will decrease by four percent, wildfires would be five times greater, and damage from routine flooding would total $250 billion.
Jan 13
Researchers collected data on nearly 36,000 companies between 1999 and 2021, and their study shows that investment efficiency improved in firms where the country is implementing board gender diversity interventions.
Jan 06
Results of a list experiment suggest that executives from 12.4% of Russell 3000 companies may have committed financial statement fraud at least once in the last five years.
Dec 19
Online retail platforms are increasingly becoming a dumping ground for low-quality products, but new research from a team of Gies scholars points to a new model that would allow e-commerce platforms to proactively identify potentially dubious products for removal.
Dec 16
Gies Professor Arkadiy Sakhartov was named the recipient of the 2024 Illinois Strategic Organizations Initiative (ISOI) Best Paper Award for his article “Corporate Diversification and Risk: Portfolio Effects and Resource Redeployability” that was published in Strategy Science in 2022.
Dec 09
Gies professor Oscar Ybarra uses “the Vegas Rule” to examine how well people separate their work life and home life. Could the ability to separate these two influences impact an individual’s ability to focus while at work?
Dec 06
Associate Professor of Finance and Director of Gies' Health Care Research Initiative David Molitor discusses how he and his team are studying the effects of health on business and, so far, the results are extremely surprising.
Dec 02
With nearly 400 deaths and $190 billion in damages, the 2024 Atlantic hurricane season underscored the increasing risks posed by climate change. Gies professor Tatyana Deryugina emphasizes the need for policy changes and climate-resilient development to reduce vulnerability and enhance long-term recovery.
Nov 25
Even if an audit firm follows all the standards for a high-quality audit, they can be sued if their client believes the firm made a mistake. This can include errors, fraud, or miscommunication. And that can be a big financial risk for audit firms.
Nov 18
Gies research reveals that crowd-sourced fact-checking can effectively curb misinformation, as users are more likely to retract false or misleading tweets when peer-reviewed corrections are added.
Nov 12
Professor Olga Khessina’s paper focuses on high-velocity markets, characterized by rapid rates of product change and turnover. The research examined the relationship between the names of optical disk drives and their success in the marketplace.
Nov 05
In what may be the first ever systematic study looking at the likelihood of survival of ventures from all five knowledge sources, Gies professors Sonali Shah and Shinjinee Chattopadhyay examine the world of medical imaging and unpack how an origin story can predict if a company will stand the test of time.