History can tell us a lot about the future. Think back to the late 1800s, when many U.S. cities began to grow around train stations. Marketplaces developed as locations where merchants could sell their products, and this attracted customers from all around Connecticut to live and work near the marketplaces.Continue Reading
Finance
Goldman Sachs Partner Leads New SMF in Stamford

The UConn School of Business has established a Student Managed Fund (SMF) program in Stamford, allowing students to learn about investment strategies and then invest a $500,000 endowment under the watchful eye of investment advisers. The original program was established in Storrs in 2000, and has launched the careers of many investment professionals.Continue Reading
Male Fertility Test Developers Win Venture Competition

One grew up in the shadow of UConn and the other, on a distant continent. But Stephanie Knowlton and Reza Amin are happy they made their trip to the state’s flagship university – no matter the route.Continue Reading
Goldman Sachs Events Draw 200+ Students in Stamford

More than 200 UConn business students recently attended a series of career presentations sponsored by investment giant Goldman Sachs.Continue Reading
New Business School Faculty for 2018

Bottom row, from left: Wei Chen, Redona Methasani ’18 Ph.D., Jo (Kyoungjo) Oh.
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
Connecticut finance sector endures — but with fewer jobs
Cohen, Team to Analyze Growth Tied to New Rail Line

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
Special Class – Prof. Chinmoy Ghosh of University of Connecticut
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.
Value of consultants’ manager recommendations questioned in new report
The Effect of Institutional Ownership Types On Innovation and Competition
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: