Finance


Reverse Stress Testing

Finance Professor Wins Best Paper Award for Creating Insightful, Novel Method of Risk Assessment

Finance professor Yaacov Kopeliovich and his RiXtrema research team colleagues have won the 2015 Peter L. Bernstein Award for Best Paper for their work titled, “Robust Risk Estimation and Hedging: A Reverse Stress Testing Approach.”

The article originally appeared in the Journal of Derivatives in May 2015. It was selected by a three-person review committee and was chosen from a pool of nominations from 11 top financial journals. The judges looked for an original or new approach to the field or subject of study; surprising and/or insightful results or implications; and both practical and academic relevance.Continue Reading



Finance Professor Earns Fulbright Specialist Award

Shantaram 'Shanta' Hegde
Shantaram ‘Shanta’ Hegde (Melissa Ferrigno/UConn School of Business)

Shantaram Hegde Will Teach, Mentor, Encourage Colleagues in India

One of the most respected and accomplished faculty members in the Finance Department has received a Fulbright Specialist Award to mentor doctoral students and faculty in India.

Professor Shantaram ‘Shanta’ Hegde said he is pleased to have received the Fulbright, which is one of the most competitive, prestigious and selective awards in the world. His assignment is to instruct some 30- to 40- students and faculty on financial research, a field in which he is considered one of the most prolific journal contributors in the United States.Continue Reading


2015 Ph.D. Student Speaker Series

Finance doctoral students with speaker Kent Daniel (Nancy Crouch/UConn School of Business)
Finance doctoral students with speaker Kent Daniel (Nancy Crouch/UConn School of Business)

The 2015 Ph.D. Student Speaker Series launched on Friday, October 2, 2015, as finance doctoral students welcomed Professor Kent Daniel from Columbia University.

Professor Daniel met with doctoral students, faculty, and presented his latest work at a well-attended seminar. Kent is a research associate at the National Bureau of Economic Research. He has served as an associate editor for the Journal of Finance, as a director of the American Finance Association, and as a director of the Western Finance Assocation.Continue Reading


Preventing the Next Global Debt Crisis

Globe with Charts

Could Aspects of Corporate Financial Strategies Help Prevent Sovereign Default?

Some key strategies from corporate finance could potentially help prevent governments from spiraling into financial collapse and destabilizing the global economy.

That’s the conclusion of UConn Business Law Professor Stephen Park and co-author Tim Samples, a professor at the University of Georgia, in their research article titled, “Towards Sovereign Equity,” which is pending publication in the Stanford Journal of Law, Business and Finance in 2016.Continue Reading


In It To Win It

2015-09-30_football

Corporate Stadium Sponsors’ Stock Fluctuates With an NFL Team’s Success, Failure

Your favorite NFL team has “skin in the game,’’ but perhaps more surprising is that the large corporations that sponsor the stadiums do too.

Those are the findings of UConn Professor of Finance Assaf Eisdorfer and alumna Elizabeth Kohl, ’15 Ph.D., now a professor at the University of Cincinnati. The two football enthusiasts will have their research published in a future issue of the journal Critical Finance Review.Continue Reading


Ukraine’s Quietly Revolutionary Debt Restructuring

Financial Times – Ukraine’s debt restructuring plan, announced last month, is both revolutionary and evolutionary. The agreement to restructure $18bn of privately held government debt stands in stark contrast to Greece’s nearly apocalyptic showdown with the European Union this year and Argentina’s simmering standoff with holdout creditors.


How an NFL Team’s Record Can Affect Its Sponsor’s Stocks

CNBC –  Research shows that a sports team’s performance on the field can have a direct effect on the stock returns of sponsoring firms.

A pair of researchers at the University of Connecticut wrote a paper to be published next year in a journal called Critical Finance Review that points to up to a 127 basis point abnormal return for sponsors of winning NFL teams.


Research Scholar: Professor John Clapp

UConn Professor John Clapp, of West Hartford, Named Kinnard Distinguished Research Scholar

Hartford Courant – UConn Professor John Clapp, who has been recognized as one of the top real estate researchers in the world, has been named the first Kinnard Distinguished Research Scholar in the business school’s Center for Real Estate.


John Clapp Named Kinnard Distinguished Research Scholar

UConn Professor John Clapp, who has been recognized as one of the top real estate researchers in the world, has been named the first Kinnard Distinguished Research Scholar in the business school’s Center for Real Estate.

Clapp is a long-time professor of real estate and finance at the UConn School of Business. His areas of expertise include real estate and retail markets, housing price indices, location of anchor stores, option to redevelopment and Connecticut housing.Continue Reading