
More than 200 UConn business students recently attended a series of career presentations sponsored by investment giant Goldman Sachs.Continue Reading
More than 200 UConn business students recently attended a series of career presentations sponsored by investment giant Goldman Sachs.Continue Reading
Four UConn alumni, high-ranking executives from Anthem and Electric Boat, and professors with ties to Harvard and Yale are among the 14 new faculty joining the UConn School of Business this fall.Continue Reading
Urban planners and government leaders from across the country are expected to be paying close attention to the results of a newly-launched study of how convenient commuter train service impacts the economic growth and development of communities.Continue Reading
Karnavati University– Dr. Chinmoy Ghosh, Gladstein Professor of Business and Innovation and Head of the Department of Finance at the School of Business, University of Connecticut, USA, took a long session with the Summer-9 students (2017-2019 batch) of UWSB, Kolkata on Friday, 17th August 2018.
Harvard Law School Forum on Corporate Governance and Financial Regulation– In common ownership, the type of the common owner institution matters. Institutional ownership of firms has seen a marked rise in the past few decades, with average institutional ownership share of a firm rising from 20% to 30% in the 1980s to over 65% of the total by the 2010s, with residual retail ownership correspondingly falling from 80% to less than 35% of the firm. (See Borochin, Paul, and Jie Yang (2017). The Effects of Institutional Investor Objectives on Firm Valuation and Governance, Journal of Financial Economics 126.) Over the same period, the fraction of the average firm held by institutions holding blocks of same-industry rivals has risen from 4.5% to 28%. (See He, Jie, J. Huang, 2017, Product Market Competition in a World of Cross Ownership: Evidence from Institutional Blockholdings, The Review of Financial Studies 30.) This not only changes the portfolio properties of the institutional investors, but also has the potential to change the corporate strategies of held firms. Recent studies find opposing effects of common institutional ownership on the competitive behavior of firms:
The Hartford Line is a new commuter rail service between New Haven and Springfield, Mass., with additional stops in suburbs along the 62-mile route. The service, a collaboration between the states of Connecticut and Massachusetts, will launch on Saturday, June 16.Continue Reading