Stamford Advocate– Controversy surrounding Purdue Pharma’s role in the opioid crisis has spilled from the courtrooms into the streets.
Faculty
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
UConn Presents First-Ever Blockchain Symposium
More than two dozen researchers from around the world gathered at UConn’s Stamford campus last week to discuss one of the hottest topics in business:
How will the powerful and quickly-emerging Blockchain technology revolutionize businesses, both within organizations and between them? Continue Reading
The World Competes with Innovative Ecosystem…Merger & Acquisition of Large Enterprises
Maekyoung Economy Daily Newspaper– While the world is in the process of innovation competition, it is said that South Korea is glad that it has participated in this competition. It is at the Academy of Mangement (AOM), which is being held in Chicago, USA, from the 10th.
(Use Google Chrome for option to translate article)
Congressional Committee Investigates Purdue Pharma
Professor Emeritus Gary Powell Earns International Recognition
Professor Emeritus Gary Powell will be recognized by the Family Firm Institute as the recipient of a 2018 Academic and Family Business Review Award at a global conference in London in October. Continue Reading
Beleaguered Purdue Pharma Makes Leadership Changes
Study: Faster Internet Not a Boon to All of CT
Hartford Business Journal– Government officials in a number of Connecticut cities and towns have long wanted to broaden access to faster internet speeds to spur economic development and make their local communities more attractive places to live and work.
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: